GOV/MIL Main "Great Reset" Thread

marsh

On TB every waking moment
BIDEN EXECUTIVE ORDER SIGNALS ALIGNMENT WITH WEF 7:06 min

BIDEN EXECUTIVE ORDER SIGNALS ALIGNMENT WITH WEF​

The HighWire with Del Bigtree Published September 19, 2022

We are entering the 4th Industrial revolution – that’s what the World Economic Forum is telling us. And, the target is you, humanity. The transhumanism push aims to merge humanity with artificial intelligence. Jefferey Jaxen breaks down the latest Executive Order signed by President Joe Biden to develop artificial intelligence that will ‘unlock the power of biological data,’ signaling a conceding alignment with the WEF’s agenda.
 

marsh

On TB every waking moment

PLANDEMIC 3 SET TO ROCK THE WORLD​

The HighWire with Del Bigtree Published September 19, 2022

Visionary filmmaker, Mikki Willis, and comedian, JP Sears, join Del to discuss the prelaunch party for Plandemic 3: The Great Awakening on September 16th, which is available to watch now, on The Highwire. For more info go to thehighwire.com/plandemic3
 

marsh

On TB every waking moment
(New Zealand)

‘COVID-ZERO’ NEW ZEALAND ABANDONS RESTRICTIONS 3:51 min

‘COVID-ZERO’ NEW ZEALAND ABANDONS RESTRICTIONS​

The HighWire with Del Bigtree Published September 19, 2022

Next to China, New Zealand's Covid restrictions have been some of the most authoritarian and inhumane in the world. A once confident Prime Minister, Jacinda Arden, had no problem dividing her people and has now suddenly switched to supporting individual choice. Are people buying it?
 

marsh

On TB every waking moment
Jim Jordan talks about what a whistleblower has said is really happening in the FBI 2:43 min

Jim Jordan talks about what a whistleblower has said is really happening in the FBI​

The Post Millennial Clips Published September 19, 2022

Jim Jordan talks about what a whistleblower has said is really happening in the FBI:

"They're willing to pull agents from child trafficking cases to foster this narrative..." [half the country being domestic violent extremists.]

^^^
Tucker Carlson talks about how a whistleblower says the FBI is "breaking its own procedures to create the illusion that new domestic extremism cases are popping up all over the United States." 2:26 min

Tucker Carlson talks about how a whistleblower says the FBI is "breaking its own procedures to create the illusion that new domestic extremism cases are popping up all over the United States."​

The Post Millennial Clips Published September 19, 2022

Tucker Carlson talks about how a whistleblower says the FBI is "breaking its own procedures to create the illusion that new domestic extremism cases are popping up all over the United States."
 
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marsh

On TB every waking moment

'This Is a Problem': We Could Be Altering Immune Systems for Generations​

The Vigilant Fox Published September 19, 2022

Dr. Ryan Cole: "With a lipid nanoparticle and mRNA in a mouse study, the genes that were turned on and off in that immune system pattern were passed onto the next generation. Every litter of [mice], four litters in a row that this mom had, had these gene alterations imprinted after her immune system was altered by the shots."

Tune in: Newsroom
 

marsh

On TB every waking moment
SHARE - This global mass injection program was never about health, but mass murder and genocide. 1:56 min

SHARE - THIS GLOBAL MASS INJECTION PROGRAM WAS NEVER ABOUT HEALTH, BUT MASS MURDER AND GENOCIDE.​

The main stakeholder of mRNA injections is Bill Gates. Two credible doctors state that this global mass injection program was never about health, but about mass murder and genocide. We now have the data and deaths to prove what they are saying is true.

^^^^^
Peter McCullough testifies under oath that mRNA injections are killing children 2:18 min

PETER MCCULLOUGH TESTIFIES UNDER OATH THAT MRNA INJECTIONS ARE KILLING CHILDREN​

Peter McCullough testifies under oath that mRNA injections are killing children. Two teenage boys die after injection and the parents are horrified. He declares that all mRNA injections should stop immediately and be pulled from the market before more children die.
 
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marsh

On TB every waking moment
(Italy)
The patience of the Italians is dead. Gas bill increased by 750% of the previous year! .16 min

THE PATIENCE OF THE ITALIANS IS DEAD. GAS BILL INCREASED BY 750% OF THE PREVIOUS YEAR!​

The patience of the Italians is dead. Gas bill increased by 750% with the same consumption of the previous year: "We don't pay! We are no longer willing to be robbed by the state or by those behind us who build billionaire profits by speculating on the events of the moment."

^^^^^
Happy Customer of Mario Draghi's Inflation! .13 min

HAPPY CUSTOMER OF MARIO DRAGHI'S INFLATION!​

Italy, San Patrignano recovery community: gas bill August 2021 € 70,000, gas bill August 2022 € 730,000, with the same consumption. An increase of over 1000%! In the video, the person responsible for this apocalyptic economic disaster.

^^^^
(Canada)
Quebec Canada Freedom Fighters! .08 min

QUEBEC CANADA FREEDOM FIGHTERS!​

^^^^
(Austria)
Thousands of people in Vienna demonstrate against rising energy prices and inflation! .54 min

THOUSANDS OF PEOPLE IN VIENNA DEMONSTRATE AGAINST RISING ENERGY PRICES AND INFLATION!​

Thousands of people took to the streets in Vienna to demonstrate against rising energy prices and inflation, with trade union representatives and women's rights activists also taking part.

^^^^^
(France)
Demonstration in Paris against Macron. The world is rising against this tyranny! .11 min

DEMONSTRATION IN PARIS AGAINST MACRON. THE WORLD IS RISING AGAINST THIS TYRANNY!​

 

marsh

On TB every waking moment
Italian Study finds NO EVIDENCE of a climate emergency! 4:31 min

ITALIAN STUDY FINDS NO EVIDENCE OF A CLIMATE EMERGENCY!​

There is no climate emergency and squandering trillions on baseless fear for the future may be disaster in itself. This is now gaining provenance around the world, based on a study by Italian scientists, who could find no evidence of a climate emergency.

^^^^^^^
A critical assessment of extreme events trends in times of global warming - The European Physical Journal Plus
  • Published: 13 January 2022

A critical assessment of extreme events trends in times of global warming​

  • Gianluca Alimonti, Luigi Mariani, Franco Prodi & Renato Angelo Ricci
The European Physical Journal Plus volume 137, Article number: 112 (2022)

Abstract​

This article reviews recent bibliography on time series of some extreme weather events and related response indicators in order to understand whether an increase in intensity and/or frequency is detectable. The most robust global changes in climate extremes are found in yearly values of heatwaves (number of days, maximum duration and cumulated heat), while global trends in heatwave intensity are not significant. Daily precipitation intensity and extreme precipitation frequency are stationary in the main part of the weather stations. Trend analysis of the time series of tropical cyclones show a substantial temporal invariance and the same is true for tornadoes in the USA. At the same time, the impact of warming on surface wind speed remains unclear. The analysis is then extended to some global response indicators of extreme meteorological events, namely natural disasters, floods, droughts, ecosystem productivity and yields of the four main crops (maize, rice, soybean and wheat). None of these response indicators show a clear positive trend of extreme events. In conclusion on the basis of observational data, the climate crisis that, according to many sources, we are experiencing today, is not evident yet. It would be nevertheless extremely important to define mitigation and adaptation strategies that take into account current trends.

Introduction​

The average surface temperature of our planet has increased by about one degree centigrade from the pre-industrial era and various studies highlight variations in cloud cover, precipitation, relative humidity and wind speed. This article reviews recent bibliography on some extreme weather events by comparing them with time series in order to understand whether an increase in intensity and/or frequency is found.

Following the IPCC AR5 definition [1], extreme weather events are events rare at a particular place and time of the year. Definitions of rare event vary, but an extreme weather event would normally be as rare as or rarer than the 10th or 90th percentile of a probability density function estimated from observations.

When a pattern of extreme weather persists for some time, such as a season, it may be classified as an extreme climate event, especially if it yields an average or total that is itself extreme (e.g. drought or heavy rainfall over a season).

The extreme weather events subject of this discussion take place within the climate system, a system of great complexity that includes five subsystems (atmosphere, cryosphere, lithosphere, hydrosphere and biosphere) and which has as its fundamental elements the energy balance between photons arriving from the sun and photons re-emitted to space, the greenhouse effect and atmospheric and oceanic circulation. The climate system is set in motion by the energy imbalance originating from the latitudinal and seasonal variation of solar energy arriving at the ground and which activates the atmospheric and oceanic circulations responsible of the latitudinal and zonal energy redistribution. For more details, please consult the didactic paper and to the report presented at the 2020 SIF congress by one of the authors [2, 3].

Observations of extreme weather events​

Speaking of extreme weather events, it is important to underline the difference between statistical evidence of excess of events, with given characteristic, and probabilistic calculation of anthropogenic attribution of extreme events: the two aspects have very different epistemological status.

While the statistical evidence is based on historical observations and tries to highlight differences between these and recent observations or possible trends as a function of time, the anthropogenic versus natural attribution of the origin of a phenomenon is based on probabilistic models and makes reliance on simulations that hardly reproduce the macro- and microphysical variables involved in it. For example, the wind speed measured by surface land weather stations during 1973–2019 shows a trend slightly negative for all regions of the world in frequency of extreme winds (speed > 10 m/s). Among possible causes are reported changes in large-scale atmospheric circulation, increase of surface roughness, instrumentation changes, different measurement time intervals, air pollution and an increase of the spatial variance in near-surface air temperature [4]. The possible causes are occurring at different scales and the mechanisms behind them likely vary spatio-temporally, which makes the attribution very uncertain. Moreover, Zeng et al. [5] concluded that the relationship of ocean–atmosphere oscillations to anthropogenic warming and the impact on surface wind speed variability remains unclear, representing a large scientific challenge.

The confidence in observations of extreme events depends on the quality and quantity of data, which vary between regions of the globe and for different types of extreme events and weather variables. In this regard, it is first of all necessary to underline the difficulty in finding reliable time series of global data: often we have to limit ourselves to more local observations carried out in those areas where historically the phenomena have been better observed and recorded and whose data are therefore more reliable and representative.

Overall, as reported by the IPCC [6], the most robust global changes in climate extremes are found in daily temperature measurements, including heat waves. The global analysis carried out by Perkins-Kirkpatrick and Lewis [7] showed for the period 1951–2017 a significant increase in yearly values of heatwave days, maximum heatwave duration and cumulative heat, while the global heatwave intensity trends are not significant. Precipitation extremes also appear to be increasing, but there is great spatial variability and trends observed in droughts are still uncertain except in some regions. Apparent strong increases in the frequency and activity of tropical cyclones in the North Atlantic have been observed since the 1970s. There is limited evidence of changes in extremes associated with other climate variables since the mid-twentieth century.

While the increase in the frequency and persistence of heat waves can easily be explained by increasing global temperatures, the observed increase in tropical cyclones in the North Atlantic, as well as having unclear reasons as claimed by the IPCC [6], seems to be a local phenomenon and substantially due to better reporting as supported by NOAA and as we will better see in the paragraph dedicated to this type of phenomena. In other areas of the planet, a decrease in the same phenomena is observed and in still others no trend is observed, essentially bringing the global evaluations to a substantial temporal invariance.

Concerning the apparent increase in economic damage caused by extreme events, once again the IPCC [8] takes a very cautious position, arguing that the increase in the exposure of people and economic resources has been the main cause of the long-term increase in economic losses due to weather and climate disasters. Long-term trends in disaster losses, normalized to account for rising wealth and population, have not so far been attributed to climate change, but it has not so far been ruled out that climate change may have played a role.

A detailed study on the correlation between vulnerability and wealth [9] concludes that “Results show a clear decreasing trend in both human and economic vulnerability, with global average mortality and economic loss rates that have dropped by 6.5 and nearly 5 times, respectively, from 1980–1989 to 2007–2016. We further show a clear negative correlation between vulnerability and wealth, which is strongest at the lowest income levels”.

In the following paragraphs, some of the most significant extreme climate events will be considered and their trend over time on a global scale, or in those areas where the time series relating to such phenomena are considered sufficiently reliable, will be analysed.

Hurricanes​

A tropical cyclone (Alias hurricane) is a rapidly rotating storm originating over tropical oceans from where it draws the energy to develop. It has a low-pressure centre and clouds spiralling towards the eyewall surrounding the “eye”, the central part of the system where the weather is normally calm and free of clouds. Its diameter is typically around 200–500 km, but can reach 1000 km. A tropical cyclone brings very violent winds, torrential rain, high waves and, in some cases, very destructive storm surges and coastal flooding. The winds blow counter clockwise in the Northern Hemisphere and clockwise in the Southern Hemisphere. Tropical cyclones above a certain strength are given names in the interests of public safety. Over the past 50 years, almost 2000 disasters have been attributed to tropical cyclones, which killed several hundred thousand people and caused more than US$ 1400 billion in economic losses [10].

The effect of hurricanes on global circulation is relevant as highlighted by studies showing a significant reduction of the Gulf Stream flow given by hurricanes passing over it [11].

These observations referred to North Atlantic in 2017 are paramount important because 80–100 tropical storms are observed worldwide each year and about half of these reach hurricane strength and a smaller percentage, about a quarter, become strong hurricanes.

The generic term “tropical cyclone” can be used to describe tropical storms, hurricanes and typhoons. While most tropical cyclones complete their life cycles without affecting land, each year many cause catastrophic damage and loss of life to coastal nations, including the USA.

Historically, around 60% of all economic damages caused by disasters worldwide is the consequence of hurricanes in the USA [12], and more than 80% of this damage comes from major hurricanes. It is therefore not surprising that hurricanes grab interest and attention. Due to their frightening destructive potential, it is also not surprising that hurricanes are a central element in the debate on climate change mitigation and adaptation policies.

To date, global observations do not show any significant trends in both the number and the energy accumulated by hurricanes, as shown in Fig. 1 and as claimed in several specific papers [13] for the USA, which report the trend dating back to over 160 years ago, or for other regions of the globe [14, 15].

Fig. 1
figure 1
Historical trend of the Tropical Cyclone frequency (above) and accumulated energy ([16]; updated data from Global Tropical Cyclone Activity | Ryan Maue)

Particular attention should be paid to the IPCC statement which reports strong increase in the frequency and activity of tropical cyclones in the North Atlantic. To get more information on this issue, NOAA [17] analysed much longer time series (> 100 years) of Atlantic hurricane activity.

Existing records of past Atlantic tropical storms or hurricane numbers (from 1878 to present) indeed show a pronounced upward trend; however, the density of Atlantic shipping reports was relatively low during the first decades of this period: if the storms of the modern era (after 1965) had hypothetically occurred during those decades, a considerable number of storms probably would not have been observed by the naval observation network.

Therefore, after adjusting the time series to take into account the smaller observational capacities of the past, there remains only a small nominally positive upward trend of the tropical storms from 1878 to 2006. Statistical tests indicate that this trend is not significantly distinguishable from zero.

Furthermore, Landsea et al. [18] noted that the rising trend in Atlantic tropical storm counts is almost entirely due to the increase in only short-lived storms (< 2 days), which were most likely overlooked in the early parts of the record, as they would have had less opportunity for casual encounters with ship traffic.

Part 1 of 3
 
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marsh

On TB every waking moment
Part 2 of 3

If we look at hurricanes in the Atlantic basin, rather than all tropical storms, the result is similar: the reported number of hurricanes during the 1860s and 1880s was similar to nowadays and again there is no significant positive trend since that time. Evidence of an upward trend is even weaker for hurricanes hitting the coast of the USA, which show a slightly negative trend starting in the 1900s or late 1800s.

The situation for the various long-term Atlantic hurricane records and related indices is summarized in Fig. 2 [17]: while the tropical Atlantic mean temperature and SSTs show pronounced and statistically significant warming trends (green curves), the record of hurricanes that hit the coast in the USA (orange curve) shows no significant trend. The uncorrected hurricane count record (blue curve) shows a significant increase in Atlantic hurricanes since the early 1900s. However, when adjusted with the estimate of storms remaining at sea and likely “missed” in the pre-satellite phase, there is no significant increase in Atlantic hurricanes since the end of the nineteenth century (red curve).

Fig. 2
figure 2
Historical trend of the normalized indicators of the Atlantic tropical zone from 1880 to today

Although there have been increases in hurricanes hitting the coast of the USA and in hurricane counts in the Atlantic basin since the early 1970s, Fig. 2 shows that these recent increases are not representative of the observed behaviour in century-long records. In short, the historic record of Atlantic hurricane frequency does not provide convincing evidence of a substantial long-term warming-induced increase.

NOAA therefore concludes that “it is premature to conclude with high confidence that increasing atmospheric greenhouse gas concentrations from human activities have had a detectable impact on Atlantic basin hurricane activity” [17].

Regardless of scientific ability to draw conclusions about the effects of climate change on hurricanes, we can be sure that hurricanes will continue to occur and devastate coastal regions. The only proven and practical way to prevent loss of life and property damage is to introduce appropriate building standards and maintain a high level of vigilance for such phenomena.

Tornado​

A tornado [20] is a vortex extending upward from very near the surface at least as far as cloud base (with cloud base associated with deep moist convection, typically a cumulonimbus cloud), that is intense enough at the surface to do damage.

The enhanced Fujita scale (or abbreviated as EF-Scale) rates the intensity of tornadoes in six categories from zero to five [21]. Both multicell and supercell thunderstorms are able to produce tornadoes but supercells are far the most dangerous: more than 20% of supercell tornadoes are potentially capable of causing catastrophic EF-4/EF-5 damage [22].

The USA have a very long tornado time series that is suitable for trend analysis. As reported on the authoritative NOAA website [19, 23] and also reiterated by the IPCC in its reports [8], one of the main difficulties related to tornadoes is that an event can be inserted in a time series of tornadoes only if it has been directly observed or if traces of its passage have been observed (they leave impressive traces of torsion on roots and tree crowns or road signs). Tornadoes have a very short duration and are essentially unpredictable; therefore, if a tornado occurs in an uninhabited location it is unlikely to be documented: it is then likely that many significant tornadoes in the USA were undetected as the area affected by their trajectories was sparsely populated during the early part of the century.

With increased Doppler radar coverage, population growth and increased attention to tornado reports, there has been an increase in the number of tornado reports in recent decades. This can create the misleading appearance of a growing frequency of tornadoes.

However, by consulting the time series shown in Fig. 3 [24], we realize that the increase in the number of tornadoes since 1950 is almost entirely due to weak events (EF0-EF1 in the advanced Fujita scale), those that in the past in many cases escaped the observation and which today are more easily identified thanks to a wide range of systems ranging from cell phone cameras to satellites and Doppler radars. In contrast, strong to violent tornadoes (categories EF-3 to EF-5 on the advanced Fujita scale), likely reported also before the Doppler radar era, show no increase over time.

Fig. 3
figure 3
Source: NOAA data plotted using the layout proposed by [24])
Annual count of all tornadoes (top) recorded in the USA and (bottom) only the strongest ones. (

When asked if climate change pushes to influence the occurrence of tornadoes, NOAA says that at the moment it is not possible to give an answer and that more research is needed as these events occur on very small scales, which makes observations and modelling challenging.

Projecting the future influence of climate change on these events can also be complicated by the fact that some of the risk factors may increase with climate change, while others may decrease.

This is because tornadoes are meteorological phenomena of very short duration, placing themselves on time scales of seconds and minutes and on reduced spatial scales. On the contrary, climate trends unfold their effects over much wider time spans (years, decades or millennia) and affect large areas of the globe.

In addition, climate models are unable to resolve tornadoes or single thunderstorms. They may indicate large-scale changes in three of the four ingredients conducive to severe thunderstorms (humidity, instability and wind shear), but having some favourable factors in place does not guarantee tornadoes. Our physical understanding points to mixed signals: some ingredients can increase (instability), while others can decrease (wind shear), in a warmer world. The other key ingredient (storm lift) and, to varying degrees, humidity, runaway and wind shear, depend primarily on daily patterns and often on local minute-by-minute weather as well.

The Clapeyron equation tells us that global warming ascertained with thermometers (increase in global air temperature two metres above the ground by 7 tenths of a degree per century) results in a higher atmospheric content of water vapour gas, but it is difficult to put this increase in relation with convective phenomena or more generally with the global maps of precipitation intensity and with the trend of the glaciers, which variability over decades is the effect of a large number of factors.

Global precipitation and extreme precipitation events​

Precipitation is a key segment of energy and matter cycle of our planet [25]. In fact water evaporated from oceanic surfaces and transpired by land vegetation absorbs large amounts of energy in the form of latent heat and is a fundamental carrier for zonal and meridional transport of energy [26].

Moreover, water vapour is the main greenhouse gas being responsible of the 51% of the whole greenhouse effect of our planet [27]. In this context, precipitation releases the energy carried by the atmosphere and at the same time modulates the greenhouse effect acting on the residence time of water vapour in the atmosphere [28].
 
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marsh

On TB every waking moment
Part 3 of 3

Global observational datasets indicate an increase in total annual precipitation which appears at first sight consistent with the increase in global temperatures and the consequent increase in precipitable water stored in the atmospheric reservoir. To support this judgement, the global precipitation yearly time series 1901–2018 from the gridded land-based precipitation Hadex3 dataset [29] derived from daily, in situ observations were analysed: the diagram in Fig. 4 shows that global rainfall is increasing since about 1970.

Fig. 4
figure 4
Global yearly precipitation anomaly (difference in mm from the 1961–1990 average). Processing carried out on data from Hadex3 dataset [29]—figure S27 of supplementary materials

Given this increase in total annual precipitation, it is important to ask whether it has translated into an increase in extreme precipitation events with an effect similar to that recorded for the heatwaves which increased in frequency due to the increase in global temperatures. For this aim, it is important to state that there are many possible definitions for extreme precipitation events, from return periods and peaks-over-threshold approaches, to indices that capture duration or intensity. In addition, extremes can also be defined over a wide range of spatial and temporal scales [30]. Our analysis will mainly focus on daily maximum rainfall for land stations seen globally and for large regions, because (1) sub-daily data are often too short or of insufficient quality and (2) changes in the magnitude of sub-daily extremes emerge more slowly than those for daily extremes as stated by Barbero et al. [31] which carried out an analysis on the trends of daily and hourly extreme rainfall on a large network of stations across the USA within the 1950–2011 period.

For a correct interpretation of extreme precipitation data, it is also necessary to take into account that their accurate detection is highly dependent on the accuracy of rainfall measurements. Analysing the effects on the accuracy of the measurements goes beyond this work, but it should be considered in the analysis and yet the data quality remains a concern because precipitation measurements are difficult to homogenize given their high spatial and temporal variability. Data are then likely not free of inhomogeneities coming from changes in the type of instrumentation used to measure precipitation, since different rain gauges have different wind under catch, wetting losses and evaporation losses [32, 33]. In addition, the sensor of automatic (mechanical or electronic) rain gauges is a rocker equipped with two cups that are filled alternately with water and poured out. The rocked can be stopped by a wide range of phenomena such as the accumulation of dirt or the presence of insects nests. In this case, a value of 0 is reported even in the presence of rain, which makes the instruments intrinsically inaccurate.

Regarding the intensity of extreme daily precipitation events, Papalexiou and Montanari [34] analysed the extreme precipitation events over 1964—2013 on a total of 8730 stations. The analysis shows an increase in intensity in 12.9% (between 11.7 and 13.9%) of stations globally and a drop in 9.8% (between 9 and 11.4%), while 77.3% of stations do not show significant trends.

These data substantially confirm those presented by Westra et al. [35], who analysed trends in global one-day maximum annual precipitation for the period 1900 to 2009 (110 years in all). The work, related to a total of 8326 ground stations that the researchers considered to be of “high quality”, led to the conclusion that about 2% of the stations show a decrease in extreme rainfall, 8% an increase and 90% has no trend.

The results of this analysis were recently confirmed by the results on one-day maximum annual precipitation presented by the same group of researchers [32] that are referred to the period 1950–2018 and highlight that:
  • For the period 1950–2018, 9.1% of stations show a statistically significant increasing trend, which is much higher than could be expected from random chance alone. In contrast, the percentage of stations showing a statistically significant decreasing trend is only about 2.1%, comparable with what one would expect from random chance
  • For the Mediterranean area, only 4.7% of stations show a statistically significant increasing trend, while 3.8% show a significant decreasing trend (Fig. 5)
  • Northern Europe shows the highest excess worldwide of stations with positive trends (14.4%) compared to those with negative trends (1.2%) (Fig. 5).
Fig. 5
figure 5

Percentage of stations with stationary, statistically significant increasing and statistically significant decreasing trends in annual maxima of 1-day precipitation based on the Mann–Kendall test during the 1950–2018 period. Processing carried out on data from [32]

Results for Northern Europe and the Mediterranean area are consistent with the current climate phase which is characterized by positive NAO values which determine an intensification of the Westerlies that bring frontal systems on Northern Europe [36] while the Mediterranean should be less affected by storm tracks.

The stationary results highlighted by Sun et al. [32] for the Mediterranean are also confirmed for the Italian area by more detailed investigations conducted by Libertino et al. [37] where maximum rainfall for 1-, 3-, 6-, 12- and 24-h durations limited to the period 1928–2014, where at least 50 stations are simultaneously active each year, is considered. Only time series with at least 30 years of either continuous or noncontinuous data have been selected, resulting in 1,346 stations. The conclusions from this work are that “Concerning the frequency, the outcomes show that all the observed trends are nonsignificant, that is, are compatible with the hypothesis of stationary climate.[…]. With regard to the intensities of the events, a clear trend in extreme rainfall magnitude cannot be detected at the country scale”.

The work cited for Italy, which is the area of the world best known to the authors, is particularly interesting as they analysed daily or hourly datasets collected by the Hydrographic Service of the Ministry of Public Works, which collected data homogeneously on the entire National territory. This service was unfortunately abolished in 1998 and its competences were transferred to the regions thus generating 20 regional networks each with its own standard. We cite this example because it seems emblematic to us of the tendency to multiply operational measurement networks, giving rise to increasingly relevant levels of inhomogeneity. This is exactly the opposite of what one would need if one were really worried about the current trends in the climate that would lead to having homogeneous networks on the entire world territory in analogy with what has been done in the case of the monitoring of the oceans with the ARGO buoy system.

Our review shows that while an increase in total annual precipitation is observed on a global level, an increase in extreme precipitation is observed for a limited number of stations and with strong regional differences. The absence of generalized growth trends in extreme precipitation can be explained by the fact that the genesis of extreme precipitation requires (1) the presence of a relevant source of moisture in the boundary layer, (2) morphology of the relief, circulatory structures at different scales and vertical thermal profile favourable to the rising of air mass with development of clouds of sufficient thickness (e.g. cumulonimbus and nimbostratus clouds) and (3) microphysical characteristics of cloud environment favourable to magnify droplets or ice crystals to give precipitation.

Floods and droughts​

Floods and droughts are important indicators of response to changes in precipitation regimes.

About floods it can be said that although evidence of an increase in total annual precipitation is observed on a global level, corresponding evidence for increases in flooding remains elusive and a long list of studies shows little or no evidence of increased flood magnitudes, with some studies finding more evidence of decreases than increases [38,39,40,41,42,43,44,45,46].

Some reasons of the decrease in flood magnitudes are listed by Sharma et al. [47] which identify decreases in antecedent soil moisture, decreasing storm extent and decreases in snowmelt among the possible responsible mechanisms.

It may be interesting to recall the results obtained in the historical context for the European area, where various paleo-hydrological studies show that the alluvial events frequency in Europe was significantly lower during the warm phases (e.g. Roman optimum and medieval optimum) than during the cold ones (e.g. Little Ice Age) as attested, for example, by Wirth et al. [48] who worked on Central Alps data. This evidence is supported also by the article signed by a large group of historical climatologists, including the Italians Bertolin and Camuffo [49], where the following statement is reported «recent changes in the variability of flood frequencies are not exceptional if compared to the flood frequency of the past 500 years and show no overall trend similar to the widely cited “hockey-stick” trend for temperatures. There is a similar conclusion drawn by the SPHERE project which for north-east Spain has shown that events during the last 400 years produced discharges significantly greater than the biggest gauged flood events of modern times. Hence, the study of historical floods permits a more comprehensive risk analysis to be undertaken and appropriate flood protection to be planned».

The evidence of more flood events during the Little Ice Age is also confirmed by Wilhelm et al. [50], who examine floods in the Mediterranean French Alps over the past 1400 years and find that extreme rainfall and flooding are less common and less extreme during warm periods than in cold periods. More specifically, the authors find a low frequency of floods during the medieval warm period and more frequent and intense events during the little ice age.

Yiou et al. [51], analysing the trends of river floods in Bohemia for the Elbe and Vltava rivers, showed that the trend of both frequency and intensity is generally decreasing in the twentieth century. The nineteenth century was far more exposed to these phenomena than the twentieth century and the recorded events are unmatched in the second millennium. Similar conclusions were reached by Mudelsee et al.[52, 53] for Elba and Oder in Germany.

Diodato et al. [54] reconstructed the Damaging Hydrological Events (DHE) in Italy for the period October–April, highlighting that during the medieval warm period DHE were less frequent while more frequent and intense events prevailed during the little ice age (LIA). Finally, starting from the mid-nineteenth century with the exit from the LIA, a decline of DHE has been observed, especially during the last few decades.

Again for Italy, an article by Taricco et al. [55] reconstructs the flow rates of the Po river in the last 2200 years, highlighting very low flow rates up to 1100, very high flow rates during the LIA with a maximum around 1500 and a subsequent decrease in flow rates after 1850.

In conclusion, although evidence of an increase in total annual precipitation is observed on a global level, this does not translate into an increase in intensity or frequency of floods. Similar conclusions seem to be reached by the draft of AR6 available today.

Drought is a complex phenomenon which is difficult to monitor and define. Depending on the variables used to characterize it and the systems or sectors being impacted, drought may be classified in different types such as meteorological (precipitation deficits), agricultural (e.g. crop yield reductions or crop failure, related to soil moisture deficits), ecological (related to plant water stress that causes e.g. tree mortality) or hydrological droughts (e.g. water shortage in streams or storages such as reservoirs, lakes, lagoons and groundwater).

The IPPC in its AR5 [6] reports on page 44 that “conclusions regarding global drought trends increasing since the 1970s are no longer supported” and several studies indeed show no increase in the main indices regarding global drought [56, 57].

Hao et al. [58] analysed the time series relating to the period 1982–2012 of the Global Integrated Drought Monitoring and Prediction System (GIDMaPS) that uses three drought indicators for monitoring and prediction: the Standardized Precipitation Index (SPI), Standardized Soil Moisture Index (SSI) and Multivariate Standardized Drought Index (MSDI). SPI and SSI are indicators of meteorological and agricultural drought, respectively. The authors highlight the downward trend in the percentage of land area affected by drought, as shown in Fig. 6.

Fig. 6
figure 6
Fraction of the global earth under drought conditions D0 (abnormally dry), D1 (moderate), D2 (severe), D3 (extreme) and D4 (exceptional) [58]
https://link.springer.com/article/10.1140/epjp/s13360-021-02243-9/figures/6
(Read the rest at A critical assessment of extreme events trends in times of global warming - The European Physical Journal Plus )
 
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marsh

On TB every waking moment
Michael Yon @MichaelYon
Sep 19, 2022 at 11:10am
Me Estimate— there will be strikes
19 September 2022

Am skipping beyond all the ‘analysis’ about elections and taking my estimate from a different level and perspective. My instincts is The Beast is working hard to destroy America. This is a perfect head shot. Harvest season.


Joe Biden's deal to stave off 'crippling' rail strikes could fall apart within DAYS as workers seek concrete agreement on sick leave and days off (despite getting a 24% pay rise and back pay)

The 'tentative' deal struck Thursday meets the needs of only two of the nation's twelve union groups

If just one of those twelve groups votes to reject the White House-brokered deal, the agreement would collapse and strikes could begin
Organizer for Railroad Workers United, Ron Kaminkow, said the average rail worker felt 'a lot of anger, confusion and hostility' towards the deal
Railroad workers are scheduled to vote on the agreement this Thursday, but vote counting could continue well into October

It has been estimated a railroad strike could cost about $2billion per day in economic by halting the flow of goods, and disrupting passenger rail service

By ALEX OLIVEIRA FOR DAILYMAIL.COM
PUBLISHED: 19:37 EDT, 18 September 2022 | UPDATED: 22:07 EDT, 18 September 2022

The 'tentative' deal Joe Biden brokered between US freight rail firms and unions in the hopes of avoiding a massive economic disruption is at risk of collapsing.

Though the deal agreed to raise rail employees' salaries by 24 percent over five years and gave up to $11,000 in bonuses, union leaders said it remains 'intentionally' vague about sick leave and other days off.

Organizer for Railroad Workers United, Ron Kaminkow, said the average rail worker felt 'a lot of anger, confusion and hostility' towards the deal.

The average rail worker put it more bluntly: 'Workers are pissed off and this time we actually have a lot of leverage,' said one locomotive engineer, according to The Hill, 'I know I'm not going to accept anything less than what we deserve.'

Rail workers are scheduled to vote on the deal this Thursday, but if just one of the 12 railroad unions votes against the deal thousands of workers could go on strike and bring commerce to a halt across North America.

Last week's deal only addressed terms put forth by the industry's two largest union groups - the Brotherhood Of Locomotive Engineers and Trainmen and SMART - and did not meet all of the demands made of other groups.

One of those unrepresented groups is the International Association of Machinists and Aerospace Workers, of which 5,000 members voted against another White House proposed deal last month.

The 'tentative' deal President Joe Biden brokered between US freight rail companies and unions in the hopes of avoiding a massive economic disruption is at risk of collapsing, spelling trouble for the embattled president on the eve of the midterm elections

Organizer for Railroad Workers United, Ron Kaminkow, said the average rail worker felt 'a lot of anger, confusion and hostility' towards the deal

Vote counting will last until mid-October, creating a recipe for disaster for Democrats should workers vote against the deal and begin striking.

It has been estimated a railroad strike could cost about $2billion per day in economic by halting the flow of goods, and disrupting passenger rail service, which typically utilizes freight lines.

Professor of labor and employment relations at the University of Illinois, Robert Bruno, said he thought the vote would pass, but many workers would remain unsatisfied.

'I would be surprised if the bargaining committee misread what the rank and file would support. That doesn't mean that it will pass with supermajorities,' he said. 'That will signal a level of continuing grievance on the part of the membership. It wouldn't surprise me if a fairly substantial number of members voted 'no' in part because of how genuinely abused they feel.'

In the first half of 2022, there have been 180 strikes involving 78,000 workers, about triple the amount in the same time last year

In 2021, the US saw a total of 265 strikes, with about 62,000 workers involved

No matter what happens with the railroad vote, many experts have argued Biden's deal will only serve to embolden unions in the future, at a time when workers' strikes have tripled

'This is a very, very contentious time,' Michael Lotito, co-chairman of the Workplace Policy Institute at Littler, told the Wall Street Journal. 'I think that is going to embolden unions to ask for more.'

The prediction comes as Cornell University's School of Industrial and Labor Relations (ILR) reported that the number of strikers in the US has tripled to 78,000 in the first-half of 2022 compared to the same period last year.

1663658705525.png
1663658664757.png

According to the ILR, there were roughly 180 strikes in the first-half of 2022 compared to 102 in the same time last year, which saw only 26,500 workers join stoppages.

By the end of 2021, the US saw a total of 265 strikes, with about 62,000 workers involved.

So far this year, there have been a total of 271 strikes, with a majority taking place in California, Washington and Pennsylvania.

Experts have cited the pandemic as the primary cause of the rampant strikes.

Lotito told the WSJ that two years of COVID made the jobs of many harder and more dangerous, leaving many to feel that they don't get the pay and respect they deserve from their employers.

https://videos.dailymail.co.uk/vide...72872504631/640x360_MP4_81158972872504631.mp4 4:27 min

The average annual salary for locomotive engineers is currently about $73,000, according to the Bureau of Labor Statistics

On Thursday, Biden called his deal 'a win for tens of thousands of rail workers who worked tirelessly through the pandemic to ensure that America's families and communities got deliveries of what have kept us going during these difficult years.'

As negotiations between the rail companies and the unions came down to the wire, the White House and Biden's Labor Secretary Martin J. Walsh had stepped in to help broker an agreement.

The tentative agreement was reached with multiple unions that represent about 60,000 employees of the nation's private freight railroad companies, meaning the $11,000 lump sum bonus payment alone will cost the companies some $660 million.

The average annual salary for locomotive engineers is currently about $73,000, according to the Bureau of Labor Statistics. Other vital rail workers covered by the deal include signalmen and various other jobs.
 
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marsh

On TB every waking moment
Michael Yon @MichaelYon
Sep 19, 2022 at 11:24am
Austria is Windmill Hell
19 September 2022
Somewhere, Austria

This dystopia is symptomatic of collective mental illness. This is unsustainable.

1663657793153.jpeg

^^^^^
Sep 19, 2022 at 10:47pm​

Rail Strike USA​
20 September 2022
Budapest, Hungary

The biggest thing in the world now is energy/food. Nothing else comes close. Nothing. Example — if rail strike happens in America, the outcomes likely will be war-time-level devastation. Coal and Corn. No coal, no power, no water.

This is harvest time. Food needs to move along rail. Many people say famine cannot happen in America. Every person who says that is wrong.

My estimation is that strikes will occur. This estimate is not based on bullshit ‘analysis’ of fascist-media reports but on the fact-pattern and previous actions of The Beast.

All this talk about what Democrats want for the elections does not matter. Darkness far bigger than election fraud is afoot. Destruction of the United States and global genocide.

We are in a massive war. Biden and Trudeau are just shit on the shoes of the real power players. The Democrat Party is not the all-powerful but is a disposable tool.

The vast majority of people do not realize they are at war. For instance over here in dying Europe, my interview in Austria two days ago went viral in Austria. Nobody is saying these things here.

You
Are
At
War

Rail Strike USA 3:31 min​
 
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marsh

On TB every waking moment
View: https://www.youtube.com/watch?v=CU9XJrnXNTY
9:49 min

Get Your Money Out Of The Banks!​

OhCevGwV25_EkHsl-mrc7eHLxUpYbG-HZBcMvIS82hiO6Pt_6gFePr_Jo13ZcJWKe6BEjHwBuQ=s88-c-k-c0x00ffffff-no-rj

The Economic Ninja

Get Your Money Out Of The Banks! I talk about a friend that was unable to take cash out of his bank account yesterday. Are we about to have a bank bail out, bank run or worse bank bail ins? As mortgage rates rise more people are feeling the pressure and needing more cash.
 

marsh

On TB every waking moment
DIGITAL DOLLARS and 3 more TERRIFYING economic changes happening RIGHT NOW 11:23 min

DIGITAL DOLLARS and 3 more TERRIFYING economic changes happening RIGHT NOW​

Glenn Beck Published September 19, 2022

Glenn warned just days ago that governments would suggest a disturbing solution to the worldwide energy crisis: nationalizing energy companies. Now, Germany is weighing doing just that. Meanwhile, the Biden administration has recommended creating a digital dollar, England is talking about printing more money, and Russia and China are discussing creating a new currency. Glenn breaks down all these terrifying economic changes, plus President Biden's latest excruciating lie about inflation.
 

marsh

On TB every waking moment

Narcissism Of The Apocalypse

Why are some people more prone to seeing climate change as apocalyptic than others?

Michael Shellenberger
15 hr ago

Since the end of the Cold War, policymakers, journalists, and activists have pointed to melting glaciers, dying coral, and deadly floods as signs of the apocalypse. “Within 15 years,” said Al Gore in 2006 about Glacier National Park, “this is the park that will be formerly known as Glacier." In 2017, CNN, PBS, and many others reported, “Climate change is killing the Great Barrier Reef.” And, last May, Newsweek reported that, “Cities Brace for Apocalyptic Flooding As New Age of Super Storms Dawns” while the National Oceanic and Atmospheric Administration (NOAA) warned of an “above-normal” Atlantic hurricane season.

But people misread the signs. In 2019, Glacier National Park officials began quietly removing visitor signs claiming the glaciers would all be gone by 2020 because they are all still there. Scientists in 2022 measured more coral on the Great Barrier Reef than at any point since they began monitoring them in 1986. And, not only have deaths and damages from flooding declined significantly worldwide, for the first time in 25 years, there were no Atlantic hurricanes in August.

Climate change is real and having real world impacts, to be sure. The surface area of Glacier National Park’s 37 named glaciers decreased by 34% between 1966 and 2015, and the number and area of glacier lakes has increased around the world, threatening flooding. Warmer water temperatures and heat waves from climate change cause coral, an invertebrate animal, to bleach, losing its pigment, and die. And there is evidence that heavier precipitation is occurring at a global level, contributing to flooding, while NOAA predicts hurricanes will intensify by 5% in the future.

But none of those environmental changes are the end of the world. It would be sad to lose the world’s glaciers, but the United Nations Intergovernmental Panel on Climate Change notes that there is limited evidence of any increase in glacier lake outburst flooding, which can be prevented through dams. While warmer temperatures increase bleaching, corals can survive bleaching; scientists find that corals are adapting and evolving to warmer water; and people are breeding coral that can survive hotter temperatures. And the main factor preventing flood damage and death remains water management to channel stormwater through upgraded drain systems, not modestly higher rainfall. As for hurricanes, NOAA estimates that they will become 25% less frequent.

In truth, there is no scientific basis for any claim of climate apocalypse. The U.N. Food and Agriculture Organization and others forecast that farmers in the world’s poorest regions, like sub-Saharan Africa, could see a 40% increase in crop yields if they gain access to fertilizer, irrigation, and mechanization, even at high levels of warming. There is no science supporting the alarmist claims of an imminent collapse of the North Atlantic Ocean currents, which bring warm water north, and cool water south, an oft-repeated “tipping points” scenario.

Indeed, it is hard to come up with any scenario where temperature changes of 4°C could be world-ending. And now, most evidence-based scenarios forecast temperatures rising far less than most analysts thought just 10 years ago, thanks in large measure to the transition from coal to abundant natural gas.

All of this and yet 36% of Americans surveyed believe climate change will make Earth uninhabitable, and 31% believe climate change will lead to human extinction. These apocalyptic fears are concentrated among Americans who identify as as politically liberal. Seventy-one percent of Democrats and 30% of Republicans agreed with the false statement, “Climate change is increasing the cost of natural disasters as a percent of GDP.” And 76% of Democrats and 34% of Republicans agreed that “Deaths from natural disasters will rise in the future due to climate change.”

Why is that? Why is it that so many people have come to believe that climate change is an apocalyptic threat, despite all of the science to the contrary? And why do most of them tend to be liberal rather than conservative?

Narcissism, Grandiosity, & Exhibitionism

Italian climate change activists in June glue their hands to Botticelli's “Primavera” at a Florence art gallery (Getty images).

1663662649078.png
(Comment, I saw where activists glued their hands to the frame, but never to the actual canvas. My god!)
 

marsh

On TB every waking moment

Violent Leftists Attempt to Shutdown Free Speech

By Mike Huckabee
September 16, 2022 |

Jennifer Van Laar at Redstate.com reports that Fox News personality Tomi Lahren visited the University of New Mexico at Albuquerque yesterday to speak to the Turning Point USA chapter. She and other attendees had to be escorted to safety by State Police after a mob of leftist students forced their way into the student union, chanting obscene slogans, pulling the fire alarms, and threatening violence to shut down the right to free speech.

Lahren said there was a report of shots being fired that fortunately turned out to be false. But the leftist mob was pushing police officers who guarded the door and trying to burst in. Lahren, her dad and several TPUSA members were barricaded inside a back room for 45 minutes as the mob raged and threatened them. The school was apparently aware of the potential for trouble, but Lahren said they were “unbothered by the abhorrent and violent behavior of their students.”

Does this sound eerily familiar to you? Angry protesters, fired up by irresponsible political rhetoric, attack police as they try to force their way into a building to block their political opponents from doing their jobs? Fury, chaos, traumatized and terrorized people in fear for their lives? Doesn’t that sound exactly like the Democrats’ descriptions of the January 6th riot that was supposedly the worst crime in American history (the difference being that Lahren was actually in the building and having her life threatened while AOC was in a different building a block away)?

At this writing, I assume that President Biden has yet to awaken, but when he does, will he go on camera to denounce these violent leftist extremists who are posing a clear and present danger to our democracy and our Constitutional rights? Will he demand that all of those students be identified, expelled and prosecuted to the same extent that January 6th rioters have been prosecuted?

Don’t hold your breath. But if he won’t do it, then mark it down that I just did.
 

marsh

On TB every waking moment

Whistleblower Alleges FBI Schemed to Distort January 6 Cases into Nationwide ‘Domestic Violent Extremism’ Epidemic

ASHLEY OLIVER19 Sep 20222,601

A whistleblower has accused the FBI’s Washington Field Office of using cases related to the January 6 U.S. Capitol riot to “overstate” the threat of “domestic violent extremism” in America, according to Judiciary Committee ranking member Rep. Jim Jordan (R-OH).

The whistleblower alleged the FBI office did not follow standard investigative practices for the January 6 cases when it moved the cases to various local Field Offices around the country based on where the case subjects were from, Jordan revealed in a letter addressed to FBI Director Christopher Wray on Monday.

January 6 cases “should all be officially led by the WFO [Washington Field Office] and categorized as WFO cases,” according to the letter, but instead, a “task force” dispatched instructions to open January 6 investigations to local field offices nationwide.

Those local offices received the cases, making it look as if they were conducting the investigations on the cases, when, in reality, the Washington Field Office continued to conduct the bulk of the work, according to the letter.

The whistleblower told Jordan:

The manipulative casefile practice creates false and misleading crime statistics. Instead of hundreds of investigations stemming from a single, black swan incident at the Capitol, FBI and DOJ officials point to significant increases in domestic violent extremism and terrorism around the United States.

Jordan noted in the letter, “Such an artificial case categorization scheme allows FBI leadership to misleadingly point to ‘significant’ increases in DVE threats nationwide,” which supports a narrative being perpetuated by the Biden administration.

The whistleblower also alleged that January 6 cases were inappropriately taking priority over other cases, citing an instance of being “told that child sexual abuse material investigations were no longer an FBI priority and should be referred to local law enforcement agencies,” according to the letter.

(Go to website)
1663663410769.png

Download this PDF

The whistleblower allegation comes after at least two other whistleblowers indicated to Jordan in July that FBI officials were pressuring agents to reclassify cases as domestic violent extremism despite there being limited evidence to do so.

Jordan’s office clarified to Breitbart News that the latest revelation about January 6 cases specifically came from a new whistleblower, meaning at least three FBI whistleblowers have now come forward to Jordan about the FBI inflating domestic violent extremism case numbers.

In July, Breitbart News first reported that one of these whistleblowers accused embattled former Assistant Special Agent in Charge Timothy Thibault, who later resigned from the FBI, of being one of the senior officials at the agency who pressured agents to reclassify cases.

Thibault is also under investigation for potentially violating the Hatch Act and has been accused by whistleblowers of shutting down a line of investigation into “derogatory Hunter Biden reporting” and of handling investigations, including those on election-related matters, inconsistently.

Thibault retained legal counsel upon his resignation and released a statement through his counsel that denied some allegations against him while ignoring others.

Jordan demanded numerous communications and other documents from Wray in Monday’s letter about the latest whistleblower allegation, although the Ohio Republican has repeatedly expressed dismay over the limited responses he has received from the FBI and Justice Department.

Jordan, who is expected to serve as chair of the Judiciary Committee next year should Republicans take the majority, has vowed to investigate what he describes as the politicization of the FBI based in part on the well over a dozen whistleblower allegations he has fielded from the agency.
 

marsh

On TB every waking moment

National Association of Home Builders CEO: ‘It’s a Real Bad Time – We’ve Given Birth to a Housing Recession’​

JOSHUA CAPLAN19 Sep 202273

National Association of Home Builders CEO Jerry Howard offered up a pessimistic view of the U.S. economy during a Monday appearance on the Fox Business Network.

A transcript is as follows:

STUART VARNEY: In September, homebuilders confidence fell for the ninth straight month all the way down to its lowest level since May of 2020. Perfect storm, Jerry. Interest rates are going up, supply chain problem, prices going up. It’s a real bad time for you, isn’t it?

JERRY HOWARD: It’s a real bad time, nine straight months down. We’ve given birth to a housing recession.

VARNEY: Do you expect any bottom soon or is this going to be dwindling down for some time?

HOWARD: This recession could be cured by policymakers, so I expect we’re going to stay at bottom, and maybe go a little lower right up until we see the outcome of the midterm elections. Policy is what can get us out of this.
 

marsh

On TB every waking moment

Median U.S. Household Income Dropped 2.8% From 2019 to 2021

By Terence P. Jeffrey | September 19, 2022 | 2:55pm EDT

(CNSNews.com) - The median household income in the United States declined 2.8 percent from 2019 to 2021, dropping from $72,808 in 2019 (in constant 2021 dollars) to $70,784 in 2021, according to newly released data from the Census Bureau.

“Real median household income was $70,784 in 2021,” says the Census Bureau in its report, “Income in the United States: 2021.”

“This estimate,” says the report, “is not statistically different from the 2020 estimate of $71,186 and 2.8 percent lower than the 2019 median, the year before the most recent recession.”

From 2018 to 2019, median household income in the United States had climbed by $4,640 (or 6.8 percent), rising from $68,168 to $72,808.

“Household income in 2019 was the highest since 1967,” said the report.

Meanwhile, households headed by naturalized citizens had a higher median income than households maintained by native-born citizens.

“Households maintained by naturalized citizens had the highest median household income in 2021 ($74,150), followed by native-born householders ($71,522),” said the report. “Households maintained by non-citizens had the lowest median household income ($57,132).”

Changes in household income from 2020 to 2021 varied according to the work history and demographics of the householder.

Family households did not see a significant decline in their income, while nonfamily households did.

“The 2021 real median income of family households was not statistically different from the 2020 estimate, while nonfamily households experienced a 1.9 percent decline over the same period,” said the Census Bureau. “Among family households, married couples had the highest median income in 2021 ($106,921), followed by those maintained by men with no spouse present ($70,525).

“Family households maintained by women with no spouse present had the lowest median income ($51,168),” said the report.

“Between 2020 and 2021,” said the report, “declines in median household income were experienced by nonfamily households, those with a householder aged 65 and older, those maintained by a native-born person, and those with a householder with some college.”

“The only demographic group to experience an increase in median household income between 2020 and 2021 was householders with at least a bachelor’s degree,” it said.

“Between 2020 and 2021, real median income of households maintained by a native-born person declined 1.4 percent, while the median income of households maintained by a foreign-born person was not statistically different from 2020,” it said.

“Households maintained by naturalized citizens had the highest median household income in 2021 ($74,150), followed by native-born householders *$$71,522),” said the report. “Households maintained by non-citizens had the lowest median household income ($57,132.)
 
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marsh

On TB every waking moment

Biden admits ‘the pandemic is over’—but still won’t give up his emergency powers

How can Biden say on one hand that COVID is over while actively continuing to use it as an excuse to ram through his policies?

President Biden made a stunning admission in a 60 Minutes interview that aired Sunday evening: “The pandemic is over.”

He made the remark while visiting a packed Detroit car show alongside journalist Scott Pelley, who, prompted by the robust attendance, asked the president whether the pandemic was over.

“The pandemic is over,” Biden agreed. “We still have a problem with COVID. We’re still doing a lot of work on it. The pandemic is over. If you notice, no one’s wearing masks, everyone seems to be in pretty good shape.”

Now, this shouldn’t be a surprising admission.

For most Americans, the true pandemic emergency ended a long time ago. In my own view, it ended in earnest as soon as vaccines were available for all at-risk adults who wanted them. But it is stunning to hear the president admit this reality, even though so many Americans have long since accepted it, because the Biden administration continues to adopt an “emergency” posture in its policies.

Just on July 15, the White House renewed the official “public health emergency” declaration, which gives the federal government sweeping expanded powers and lets them unilaterally spend billions more on welfare, through October 13. And Biden is expected to extend this declaration again through the midterm elections.

This was already unjustifiable, but for him to do anything other than immediately give up all emergency powers—let alone further extend them—would be downright absurd given his comments.

The president literally admitted that the pandemic is over. Surely, then, his need for pandemic emergency powers must be “over” as well?

I don’t want to downplay the fact that several hundred people are still dying from COVID-19 each day in the US. Of course, that’s still a tragedy. But we must face the fact that this is, like many other common illnesses and causes of death, simply a part of life now. If we let the government cling to its “temporary” expanded powers so long as someone, somewhere has COVID, those powers will essentially become permanent. Left or Right, that’s not something anybody who values checks and balances should want.

Plus, Biden continues to use COVID to justify his policy agenda. For example, COVID was specifically the legal grounds the president attempted to use to justify his unconstitutional and unfair taxpayer bailout for student debt. How can Biden say on one hand that COVID is over while actively continuing to use it as an excuse to ram through his policies?

Enough is enough.

Over the last few years, our government officials have abused their powers, lied to us, and trampled on the Constitution. Unless we want that to become the new normal, we must stand up and demand an end to this charade.
 

marsh

On TB every waking moment

Demands for a Global Tax on Wealthy Nations for Fossil Fuel Use & Flying

By M Dowling -September 19, 20224

The Great Reset and the Demand for a Global Tax
for a Massive Wealth Redistribution

The Guardian reports that poor nations demand the UN consider a global tax for “climate-related and justice-based” tax on big fossil fuel users and air travel. The Left is not fond of air travel, except for the elite. The same goes for sea travel.

We don’t need planes. We could buy flying hoverboards
The poor countries, probably with much encouragement from the Davos crowd, demand the richest countries (the US) fork over taxes for using fossil fuels and flying and their allegedly irrecoverable losses.

The idea is wealthy nations, especially the US, cause the climate to change. We also give them billions in aid and other assistance.

Some of the world’s most vulnerable countries have prepared a paper with the demands for discussion this week at the UN general assembly.

“The funds could be raised by a global carbon tax, a tax on airline travel, a levy on the heavily polluting and carbon-intensive bunker fuels used by ships, adding taxes to fossil fuel extraction, or a tax on financial transactions,” says the Guardian.

It’s more massive wealth redistribution. Obama-Biden Democrats will love it.

They want the tax money to go through the world’s development banks, such as the World Bank, the International Monetary Fund, and the private sector.

The word ‘corruption’ comes to mind.

This comes as so-called rich nations don’t have fuel for winter, are suffering from inflation, and are getting deep into debt.

Maybe we can give them tax money if we stop all the free money we send them.

We already have a global tax on US corporations, but the demands will keep coming.

Joe Biden, the America Last president, who is compromised by the Chinese Communists, agreed to a 15% minimum global tax in June 2021 amid talks of exemptions for China. They also talked about exemptions for certain corporations [ESG Companies?]

Janet Yellen said at the time that it would go much higher.

The goal is allegedly to keep companies from moving to countries with lower tax rates. The problem is this inefficient form of taxation will pass down to consumers and employees. It certainly is an incentive for countries outside of the G7 to offer even better tax rates.

It’s a globalist, America Last trading policy.
 

marsh

On TB every waking moment

Deep State-Nazi Hidden Axis

The invisible government of the Deep State has long worked with the Nazis to accomplish its nefarious objectives, going back to the rise of Hitler.

Daniel Natal

Witness Osh, Kyrgyzstan, a modest outpost in Central Asia. Boiling clouds enliven the sky as a breeze lazily strums the tall grass. Meanwhile a farmer tends his yaks, as clouds of gnats move across a meadow in a body like a mournful specter.

Life here has gone on in a relatively unbroken pattern for thousands of years.

But peasants have noticed something unusual appearing in the soil of late: train tracks. The construction is new — hence half-finished — giving the scene something of the quality of an old Persian carpet that is fraying, its bare threads exposed. Except instead of white threads that made a net upon which the tapestry was to be woven, the modern traveler can see steel rails making a very similar pattern upon which the scene is stitched, rails that seemingly aren’t supposed to be seen at all; the landscape, as it were, a frayed image with the warp and weft of its matting exposed. And, indeed, Osh is frayed at the edges. Threadbare.

In a way, this image of the landscape of the city being like a Persian rug is more appropriate than one would otherwise imagine, since, thousands of years ago, it was a hub used by Iranid nomads who controlled the Silk Road. Spanning from Anatolia to China, it served as the main conduit of international trade for millennia.

While the Silk Road was once presided over by horsemen from the steppes, the Chinese are looking to establish themselves as the new masters of a resurrected trade route, linking East and West. They call their enterprise variously the New Silk Road or the Belt and Road Initiative. And if this grand infrastructure project comes to fruition, towns such as Osh, Kyrgyzstan, and hundreds of others like it strung along the route, will flourish with new economic activity.

In the world of geopolitics, however, such a land-based route for commerce stands as a looming threat to American naval power. The United States derives trillions of dollars from controlling the trade lanes. If China bypasses that, it represents an existential threat to U.S. wealth, power, and imperial significance.

Of course, Russia (a critical beneficiary of the proposed project, for obvious geographical reasons) is aligned with China in this endeavor to create a new Eurasian economic zone.

From the viewpoint of Washington, this is, needless to say, problematic.

As Brazilian journalist Pepe Escobar wrote in a March 2022 article,

Cue to the Russophobic hysteria in Anglo-American media about the Russia-China strategic partnership. The mortal Anglo-American fear is Mackinder/Mahan/Spykman/Kissinger/Brzezinski all rolled into one: Russia-China as peer competitor twins take over the Eurasian land mass — the Belt and Road Initiative meets the Greater Eurasia Partnership — and thus rule the planet, with the U.S. relegated to inconsequential island status, as much as the previous “Rule Britannia.”

England, France and later the Americans had prevented it when Germany aspired to do the same, controlling Eurasia side by side with Japan, from the English Channel to the Pacific. Now it’s a completely different ball game.

So Ukraine, with its pathetic neo-Nazi gangs, is just an — expendable — pawn in the desperate drive to stop something that is beyond anathema, from Washington’s perspective: a totally peaceful German-Russian-Chinese New Silk Road.

If Escobar’s analysis is correct, then it might explain Washington’s recent interest in instigating turbulence in Ukraine (hence creating tensions between Russia and Germany, as Russian oil pipelines threaded through Ukraine to Central Europe are cut off).

In 2014, the United States helped engineer the removal of democratically elected leader Viktor Yanukovych from power in what many in the press framed at the time as a “right-wing coup.” This characterization was due to shock troops being drawn from the neo-Nazi Svoboda Party. None other than Joe Biden was dispatched by the Obama administration to help set up the new regime. As Ukraine was turned into a money-laundering hub and beachhead for NATO, neo-Nazi brigades, with financial support from the West, shelled culturally Russian neighborhoods in eastern Ukraine as a form of ethnic cleansing.

According to a January 27, 2022 report by the UN Office of the High Commissioner for Human Rights, approximately 14,200 people have died since 2014. Most of the casualties occurred in the predominantly ethnically Russian Donetsk and Luhansk regions, also known as Donbas.

On February 24, 2022, Russia invaded eastern Ukraine in what it claimed was a bid to stabilize the region and fend off NATO expansion. Washington, needless to say, placed a different characterization on the situation. From Pentagon press releases, the public was told that Putin violated international law by aggressing against a sovereign nation.

As competing public relations salvos crisscrossed the airwaves, spectators uttered worries about a resumption of the Cold War. And, in many ways, the scenes were more reminiscent of the 1940s than the 21st century, with Ukraine covered in pennants decked with the wolfsangel symbol, swastikas, and media images of Russian tanks lumbering through the streets.

It all seemed like a flashback from an earlier time. But to understand that flashback, it might be useful to trace the echo to its source in history.

Cold War Taken Out of Cold Storage
As WWII was winding down, the United States and its allies wanted to consolidate their power and protect their gains by formalizing them with new institutions. Two men were set up as the chief architects of the new global financial system, British economist John Maynard Keynes and Harry Dexter White of the U.S. Treasury. Both men were avowedly socialist and globalist in their sympathies, with White eventually being implicated in passing on secrets to the Soviets.

Both delegates from their respective countries wanted to create a global system that would supersede the sovereignty of nation-states and forge a “New World Order.”

As Sky News economics editor Ed Conway notes in his book The Summit, “It is occasionally forgotten that the first nation to put forward a formal plan to remould the international monetary system after the Second World War was not America or Britain, but Germany. In July 1940, Hitler’s economics minister, Walther Funk, stood up in front of an audience of journalists and unveiled the German plan for a financial ‘New Order’ across a putative Nazi world.”

Conway adds,

[Harold] Nicolson, a politician ... realised that unless Britain was able to respond, Germany, already looking invincible in mainland Europe, could also lay claim to possessing the most-comprehensive post-war economic plan. So in November he sent Keynes an account of Funk’s plan and asked him to discredit it. Rather predictably, the attempt to force Keynes to sing from a pre-agreed song sheet backfired.

“In my opinion about three quarters of the passages quoted from the German broadcasts would be quite excellent if the name of Great Britain were substituted for Germany or the Axis as the case may be,” he wrote back. “If Funk’s plan is taken at face value, it is excellent and just what we ourselves should be thinking of doing.”

Funk’s plan consisted of a global financial system run using fiat currency, and the formation of a “European Union” with Germany as its head.

But these ideas go back further than Funk.

In point of fact, Funk was the successor to a German banker named Hjalmar Schacht, who was the guiding force behind the creation of the Bank for International Settlements in Switzerland in 1930.

British journalist, author, and foreign correspondent Adam Lebor, in his book The Tower of Basel, writes about the shadowy organization. Despite the Bank for International Settlements (BIS) being the central bank to all the other world’s central banks, it has evaded publicity and remained solidly outside the public’s consciousness.

Lebor writes,

The Swiss authorities have no jurisdiction over the BIS premises. Founded by an international treaty, and further protected by the 1987 Headquarters Agreement with the Swiss government, the BIS enjoys similar protections to those granted to the headquarters of the United Nations, the International Monetary Fund (IMF) and diplomatic embassies. The Swiss authorities need the permission of the BIS management to enter the bank’s buildings, which are described as “inviolable.” The BIS has the right to communicate in code and to send and receive correspondence in bags covered by the same protection as embassies, meaning they cannot be opened. The BIS is exempt from Swiss taxes. Its employees do not have to pay income tax on their salaries.

The bank’s first president Gates McGarrah commented in 1931, “The bank is completely removed from any governmental or political control.”

When the bank was founded, it was ostensibly organized to administer German war reparation payments for the First World War. The bank’s principal architect was the aforementioned Hjalmar Schacht, the president of the Reichsbank, who described the Bank for International Settlements as “my” bank.

Lebor adds:

The New York Times described Schacht, widely acknowledged as the genius behind the resurgent German economy, as “The Iron-Willed Pilot of Nazi Finance.” During the war, the BIS became a de-facto arm of the Reichsbank, accepting looted Nazi gold and carrying out foreign exchange deals for Nazi Germany.... After 1945, five BIS directors, including Hjalmar Schacht, were charged with war crimes. Germany lost the war but won the economic peace, in large part thanks to the BIS. The international stage, contacts, banking networks, and legitimacy the BIS provided, first to the Reichsbank and then to its successor banks, has helped ensure the continuity of immensely powerful financial and economic interests from the Nazi era to the present day.

But the bank was a source of growing concern even before WWII.

Back in the wake of WWI, feeling the pinch of the crushing terms of the Treaty of Versailles, Schacht bristled at the punitive reparations payments demanded by the victors. While the United States counseled moderation, and while England was willing to negotiate, France was belligerent, demanding ever more money — impossible sums, given Germany’s economic position in the rubble after the war.

“Germany was paying its reparations by borrowing from other countries,” writes Lebor, and

Such a system was no longer feasible. If the Allies really wanted Germany to be able to pay its obligations, the country needed to become productive again. Instead of lending to Germany, the Allies should lend to underdeveloped countries so they could buy their industrial equipment from Germany. [Some] asked how such a plan could be put into practice. Schacht had a ready answer: by setting up a bank. “A bank of this kind,” argued Schacht, “will demand financial cooperation between vanquished and victors that will lead to community of interests, which in turn will give rise to mutual confidence and understanding and thus promote and ensure peace.”

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Hitler’s banker: Hjalmar Schacht (right) and Adolf Hitler in Berlin, May 5, 1934. Schacht was the architect of the Bank for International Settlements and the designer of the modern global economic system. (AP Images)

Conquest by Debt
Thus what are now called “developing countries” were targeted by the bankrupt economic system after WWI. The plan was to place central banks in each country, and, by extending them credit, have them purchase industrial goods from Germany — after which Germany would remit payment for its reparations obligations.

Since all parties concerned among the advanced economies seemed to benefit, the Schacht plan was put into action and the era of the “economic hitman” commenced.

This is, of course, a reference to John Perkins’ book Confessions of an Economic Hitman. In the 2004 exposé, he confided about how he, in his capacity as an economic development expert, was dispatched to Third World countries by the international banking system in order to get struggling nations into debt.

Comments Perkins, “I’m haunted by the payoffs to the leaders of poor countries, the blackmail, and the threats that if they resisted, if they refused to accept loans that would enslave their countries in debt, the CIA’s jackals would overthrow or assassinate them.”

As President John Adams said in 1826, “There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.” Perkins describes this alternate method of war, as alluded to by Adams. In traditional war, armies invade rival countries to steal their resources. In the new paradigm, “war” would be waged by banks. Credit would be the main weapon. Poor countries were offered loans upon the pretext of helping them with costly new infrastructure projects. To receive the loans, the leader of a nation would be asked to put up as collateral his country’s natural resources. If the leader protested that they’d just built a new airport and didn’t need another one, he would be offered two choices: Take the loan package, build the unnecessary infrastructure, and ensure that his own family and friends were rich for life; or try and keep his citizens from being tax-slaves to foreign banks — whereupon “jackals” would be dispatched to assassinate him and replace him with someone willing to plunge his country into debt. Most leaders, after weighing the options, capitulated. When the respective countries inevitably went into default, the Western banking system would seize their natural resources.

The underpinnings for this system were, needless to say, pioneered by Schacht three-quarters of a century earlier when he founded the Bank for International Settlements. He envisioned the Allies using their considerable influence to spread central banks into all the countries of the world. These new banks in developing nations would be “induced” to buy German goods.

After WWII, new institutions were added to help the Bank for International Settlements achieve these goals. The aforementioned John Maynard Keynes and Harry Dexter White drafted the blueprints for sister organizations: the World Bank (to provide infrastructure loans for war-torn nations after hostilities ended in 1945, as well as for emerging nations going forward) and the International Monetary Fund (set up with the ostensible goal of stabilizing currencies and promoting economic reform in Third World countries, but in reality to create the institutions in their nations to tax the population to pay for crippling World Bank loans).

Needless to say, even after Germany’s postwar obligations were paid off, the system that was initially created upon the pretext of defraying war reparations continued to spread its tentacles around the world.

In the end, its mandate shifted to creating a new sort of “global federalism,” where the sovereignty of individual nation-states was eroded, and a new extra-legal framework was put in place over and above particular countries (analogous to how the federal layer of government was installed over the 50 states in America). Except, the new guiding authority would not be a constitutional branch of government, but a banking system exempt from any law.

Wall Street and Hitler’s Germany
One early apostle for the “New World Order” was none other than Allen Dulles.

Like the Bank for International Settlements itself, Dulles found himself in Switzerland in 1917. From a distinguished American family, both his uncle (Robert Lansing) and his grandfather (John W. Foster) served as secretary of state. Young Allen, after graduating from Princeton and obtaining a law degree, entered the Foreign Service. Stationed in Bern, Switzerland, he worked as a junior intelligence officer at the U.S. legation.

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Dulles would later write about how Bern was a hotbed of spies, radicals, and financiers.

At any rate, Dulles soon joined the prestigious law firm of Sullivan and Cromwell and found himself running their Paris office in 1919, just as the Treaty of Versailles was signed. There, he met Hjalmar Schacht.

According to Antony Sutton, “The point to be made is that the Schacht family had its origins in New York, worked for the prominent Wall Street financial house of Equitable Trust (which was controlled by the Morgan firm), and throughout his life Hjalmar retained these Wall Street connections. Newspapers and contemporary sources record [his] repeated visits with Owen Young of General Electric; [W.S.] Farish, chairman of Standard Oil of New Jersey; and their banking counterparts. In brief, Schacht was a member of the international financial elite.... He is a key link between the Wall Street elite and Hitler’s inner circle.”

Schacht socialized in the same elite quarters as Dulles, due to the deals the latter brokered for Wall Street firms investing in Germany.

As historian Joseph Farrell writes in Nazi International:

In order to appreciate the German cartel system and its unique power in world finance capitalism at the time, however, it is necessary to go back to the end of World War One, the Versailles Treaty, and the enormous war reparations it imposed on Germany. Since World War One had left the world’s gold standard all but shattered in a tapestry of loans and credits, the outcome was predictable, particularly in Germany’s case: the German government simply could not pay the reparations in any timely and meaningful fashion, and began deliberately to inflate its currency, paying the Allies back with increasingly worthless Reichsmarks, and ruining its own economy in the process as factories shut down and unemployment soared.

It was clear that something had to be done, and the only country at that time that could do it was the only creditor nation in the world with enough liquid capital worth anything to loan: the United States. It is in this context that the 1924 Dawes Plan and the 1928 Young Plan emerged as the latest scheme of international capitalists to milk Germany for all she was worth, for the ruin of the Reichsmark provided them with a golden opportunity “to float profitable loans” with valuable American dollars to the “German cartels in the United States.” Both of these plans “were engineered by these central bankers, who manned the committees for their own pecuniary advantages, and although technically the committees were not appointed by the U.S. Government, the plans were in fact approved and sponsored by the Government.”

The essence of both plans was that the large U.S. central banks floated German bond issues which were paid for by American dollars. In turn, part of these funds were then used by Germany to repay the war reparations imposed by the Versailles Treaty.

But, as Sutton notes in Wall Street and the Rise of Hitler, under these two plans “Germany paid out to the Allies about 86 billion marks in reparations. At the same time Germany borrowed abroad, mainly in the U.S., about 138 billion marks — thus making a net German payment of only three billion marks for reparations. Consequently, the burden of German monetary reparations to the Allies was actually carried by foreign subscribers to German bonds issued by Wall Street financial houses — at significant profits for themselves, of course.”

And many of those profitable deals were brokered and overseen by Allen Dulles. One firm he was particularly close to was an outfit called Schrobanco, founded by J. Henry Schröder.

3818 DeepState2
True internationalist: Allen Dulles was an American envoy for the emerging world system, whose embassy he carried out through his tenure as director of the Council on Foreign Relations and his work as head of the CIA. (AP Images)

Working out of London, Schröder set up a trust to invest in numerous German firms, including IG Farben, Siemens, and Deutsche Bank. According to Lebor:

Frank Tiarks, who was a partner in the London branch of Schröder, set up a subsidiary in New York, called Schrobanco. It opened for business in October 1923 and was an instant success. The president of Schrobanco was an American banker named Prentiss Gray, who was a close friend of John Foster Dulles’s, whom Gray had met at the Paris Peace Conference. Schröder’s historic German connections and contacts made that country a natural focus of Schrobanco’s. The company quickly became one of the leading agents for doing business in Germany and later, for processing loans under the Dawes and Young reparations plans. Among Schrobanco’s shareholders were a number of German, Swiss, and Austrian private banks, which included, naturally, the Hamburg branch of J. Henry Schröder, as well as a bank called J. H. Stein of Cologne. One of J. H. Stein’s partners, who was a scion of the Schröder dynasty, would later join the board of the BIS and use J. H. Stein to funnel money from German industrialists to Heinrich Himmler’s personal slush fund.

As a result of these connections, Dulles was at the center of a web of financial interests. But, more importantly, he was becoming known as a sort of glorified mob consigliere with an extensive network of spies.

His growing expertise in intelligence work extended beyond the Versailles period into the ’20s and ’30s (whereupon he worked as the director of the Council on Foreign Relations), and by the Second World War he was the leading spymaster for the Office of Strategic Services (OSS).

Jason Reza Jorjani notes in his essay Black Sunrise:

Dulles would of course go on to serve the OSS, America’s wartime intelligence agency, which he transformed into the Central Intelligence Agency under authorization granted by the National Security Act of 1947. What few people know is that what essentially transformed the OSS into the CIA was Dulles’ assimilation and incorporation of the Fremde Heere Ost or Foreign Armies East, which was under the command of General Reinhard Gehlen and was consequently also known as the Gehlenorg. This was the rabidly anti-Russian Nazi German espionage network in increasingly Soviet-occupied Eastern Europe, which consisted of Czechs, Lithuanians, Estonians, Belarusians, and Ukrainians.

The Ukrainian Role in the Cold War
Ukrainians?

Yes, Ukrainians. The Gehlenorg syndicate (that Dulles later absorbed into the nascent CIA) became the bedrock for the agency’s network in Eastern Europe.

The inherited Gehlenorg has been used consistently since the end of WWII as a hedge against Russian power. Money from Washington has flooded quite freely into eastern Europe to fund neo-Nazi organizations such as the Ukrainian Azov Battalion today.

Victoria Nuland, U.S. undersecretary of state for Europe, stated that Washington had “invested” around $5 billion in political projects in Ukraine over the past two decades. Prior to that, the Reagan administration had allocated funds to build a propaganda infrastructure in the region to cultivate such “useful groups” in their fight during the Cold War. Financing took place, for instance, of Prolog, a nationalist publishing house in the Ukraine, to which the CIA funneled millions. Even before Reagan, however, when Polish-born Zbigniew Brzezinski was President Jimmy Carter’s national security advisor, he engineered the increase in funding for anti-Soviet Ukrainian propaganda.

This is, of course, the same Brzezinski who is famous for his “grand chessboard” theory of containing Russia and having the United States create a pretext to take over Central Asia to control many of the world’s resources, such as rare earth minerals.

But more important than the mineral wealth of the region is its geopolitical significance. Brzezinski’s “Eurasian strategy” is predicated on a much older observation made by Sir Halford MacKinder in a 1904 paper entitled The Geographical Pivot of History.

MacKinder pointed out that civilization, from its earliest stirrings, was based on waterways. All great cities were constructed on the banks of rivers: Sumer on the Tigris-Euphrates, Egypt on the Nile, India on the Indus, China on the Yellow River, and so forth. These hydraulic societies held sway for thousands of years, their commerce helped by these naturally occurring aquatic highway systems. Large empires were constrained by this geographical factor — that is, until the domestication of the horse in 4,000 B.C.

Indo-European-speaking nomads from the Iranian plain were the first to exploit this new mode of transportation. As a result, they could travel thousands of miles where no riverways existed. Eventually, they founded the Silk Road and established the largest land empire the world had ever seen: that of the Golden Horde.

MacKinder notes that the hinge upon which history pivoted was the shift from naval power to land-based power when this happened.

Eventually, the Silk Road went into decline with the rise of Islam in the early Middle Ages, when Muslims forbade Christian merchants from using the Central Asian trade routes. The European solution was to develop deep-sea naval capacity and try to find a new route to China (accidentally discovering America in the process).

With the Age of Exploration, power shifted away from land-based power to naval power again.

MacKinder warned that, if Russia were ever allowed to industrialize, that balance of power could shift back. Empires such as France, Britain, and America could see their fortunes fall as naval power became obsolete as train tracks stitched the Eurasian landmass together and commerce flowed over land once more.

The Revenge of Geography
Fast forward 70 years, and Zbigniew Brzezinski was an articulate exponent of MacKinder’s trepidations. Russia, he said, must be neutralized by the West — and much less due to America’s dislike of communism than for wider geopolitical and historical reasons. And the concerns extended beyond the loss of revenue due to uncollected tariffs from bypassed naval trade lanes. If Eurasia were permitted to harness its own natural resources and take advantage of a consumer market that represented three-quarters of the global population, these currently challenged countries could use their new economic power to dislodge themselves from the Western banking grid.

Foreseeing the emergence of a troubling paradigm shift caused by the rise of countries calling themselves collectively “The Global South,” Brzezinski lobbied for the creation of the Mujahideen in Afghanistan (which morphed into the Taliban) in the 1980s. Its purpose was to destabilize Central Asia and attack the Soviets from their southern flank. It was, moreover, Brzezinski who used the same template to radicalize young men in the Ukraine (on Russia’s western flank) — a radicalization that, in both cases, took on a perverted form of traditionalism. Traditionalism in Muslim countries manifests in radical Islam. In European countries, it tends to take the shape of Nazism.

Such young men, whose frustrations were unwittingly cultivated by the CIA, were seen as useful tools in the larger struggle over control of the Eurasian landmass.

War by Other Means
As British philosopher Herbert Spencer noted in 1873, war tends to change a nation’s institutions. This was no truer than when the United States, under the influence of men such as Dulles, began remaking itself from a republic into an empire on a permanent war footing. To do so, many of the new institutions embedded in the governance framework were patterned on preexisting Nazi institutions. After the conclusion of the war, Henry Kissinger oversaw Operation Paperclip, where top Nazi scientists, spymasters, and administrators were brought over to America as allies in the Cold War. The German V-2 rocket program was turned into NASA under Werner von Braun. The OSS morphed into the CIA, which Harry S. Truman would later describe in 1964 as “an American Gestapo.”And even the new postwar economic system was patterned off of the “New World Order” promoted by Nazi finance minister Walther Funk.

In this new system, nation-states wouldn’t be independent. The Bank for International Settlements would make the ultimate decisions, controlling countries economically through embedded central banks and intelligence agencies that carried out the will of the BIS. And any leader who expressed the retrograde notion of asserting his country’s sovereignty would meet the fate that Kennedy did when he fired Allen Dulles after the Bay of Pigs fiasco (subsequent to discovering that Dulles was interfering in U.S. foreign policy). After Kennedy’s untimely demise, it was Dulles who was called back to run the Warren Commission.

As the BIS openly says, it is not subject to any law from any country, nor are those who carry out its embassy.

In the New World Order, as embodied by the Bank for International Settlements, the power of nation-states would be supplanted. Banks and corporations would take their place. (Incidentally, in 2001, of the top 100 economies on the planet, 51 were corporations. As of 2022, it’s 69.)

The “senate” at which these financial powers convene is the World Economic Forum, run by Klaus Schwab and headquartered in Switzerland. The “executive branch” of this shadow government is also coincidentally in Switzerland, and its name is the Bank for International Settlements. The European branch of the United Nations is also located in Switzerland (specifically, in Geneva). Though initially Switzerland asserted its neutrality as an excuse to remain independent of the United Nations, it joined in 2022, becoming the UN’s 190th member — a surprising move, given the fact that the UN’s complex web of security treaties would vitiate the landlocked country’s dedication to neutrality. (In reality, however, Switzerland has participated in numerous UN bodies and committees since the organization’s founding in October of 1945.)

It was at the end of World War II that the concept of global governance shifted from speculative to concrete. In a digression, it might be added that Aristotle laid out the three basic functions of all governments in Politics: 1) Creating infrastructure, 2) Establishing a judiciary, and 3) Providing for a military. This was done at the end of World War II by forming a World Bank (to fund infrastructure), a world court at the Hague (to create a global judiciary), and NATO (to act as a de facto world military force).

While opponents of the postwar scheme were shouted down at the time, and their concerns were dismissed as paranoia by factions of the Deep State, the reality was that the three basic pillars of a world government had in fact been quietly put into place, capable of being snapped together at any time.

Just as smaller nations found their monetary systems controlled by central banks, the nascent “world government’s” finances (as above, so below) were largely controlled by the Bank for International Settlements from its perch in Switzerland.
 

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Biden Climate Appointee Studied at CCP-Controlled University Linked to Chinese Military​

President Biden's latest climate appointee studied at a Chinese Communist Party-controlled university that conducts research for the People's Liberation Army.

Biden this week tapped Dr. Yue (Nina) Chen to serve as chief climate risk officer for the Office of the Comptroller of the Currency, where she will develop "climate risk management frameworks for the federal banking system." Chen earned her chemical engineering degree from Tsinghua University, which one think tank deems a "very high risk" because of its involvement in a "high level of defense research and alleged involvement in cyberattacks" on behalf of the Chinese military. Tsinghua conducts research on "artificial intelligence, air-to-air missiles, navigation technology, instrument science, and materials science," according to the Australian Strategic Policy Institute.

Chen, who previously held a climate regulator position at the New York State Department of Financial Services, is a proponent of "environmental, social, and governance" guidelines, a socially progressive approach to investing known as ESG. Under ESG, investment managers and insurance companies gauge companies' risk based on their commitment to progressive goals in the areas of diversity and climate change. Chen spoke at a panel last year on the topic of pressuring industries to "finally leave fossil fuels behind" and redirect their investments "toward solving the climate crisis."

Chen is not the first Biden nominee for the bank regulator to have studied at a Communist-run university. Saule Omarova, whom Biden nominated last year to oversee the Office of the Comptroller of the Currency, earned a "Lenin scholarship" at Moscow State University in the late 1980s. The White House pulled Omarova's nomination after Democratic senators said they would oppose her confirmation because of her support for ending the country's reliance on fossil fuels. Omarova has said she wants to "starve" companies of money to invest in the fossil fuel industry.

Will Hild, the executive director of Consumers' Research, expressed concerns over Chen, citing her education at "CCP training grounds." He said her appointment is part of Biden's effort to establish controversial "environmental, social, and governance" policies at federal agencies.

The White House did not respond to a request for comment.
 

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Germany's (And Europe's) Self-Inflicted Upcoming Energy Crunch


MONDAY, SEP 19, 2022 - 11:00 PM
Authored by Weimin Chen via The Mises Institute,

At the end of September 2021, the Nord Stream 2 project was a reality after many years of uncertainty. At that time, there were only a few more regulatory hurdles remaining for Germany and Russia to seal the deal on the long-awaited and highly controversial natural gas pipeline. Achieving such a feat would have been a milestone in energy cooperation between the two countries. Sadly, the regional order has tilted hard and quick off that track, and Europe has plunged into a perilous future of uncertainty.

In the first weeks of the Russian-initiated war in Ukraine, Germany, along with the rest of Europe, found itself backed into a corner regarding its energy sourcing as Western sanctions cut off routes and links in the established regional energy and financial infrastructures. There has been no perceptible success in breaking out of this bind. Instead, Germany has watched time tick by. Russia’s Gazprom recently cut gas flow for Nord Stream 1 to 20 percent of capacity.

German nuclear power plants remain mostly idle, with three facilities providing 13 percent of the country’s electricity compared to France’s 69 percent. Coal power plants have now ramped up output, with the inevitable approach of the fall and winter seasons in the near term.

Reality Sets In
Germany, and indeed the rest of the world, has operated on the expectation that the general uptrend of development and growth experienced in Western countries would continue alongside the increasing global ties that have created a landscape of abundance and increased the overall standard of living. But now the largest economy in Europe finds itself facing a serious precipice as the danger of significant hardship in the near term looms.

Public opinion reflected in a poll from mid-July shows that nearly one in two Germans are concerned that Germany is hurting itself more than it is impacting Russia’s political aims through tough sanctions. The layman’s gut feeling about this may well capture the reality that Germany’s sanctions on natural gas and energy in particular, as well as Western sanctions in general, have disproportionately self-harming effects. In a competitive enterprise as serious as war and national security, this would be nothing short of paramount negligence and self-sabotage.

Pain in Regression
Rising energy costs would inevitably hit the poorer and lower-income segment of the population and would certainly spell a difficult winter, indeed. The government has already started to encourage people to cut back and save energy in anticipation of energy shortages. In the face of the stark realities, some Germans are even turning to stockpiling wood, regressing from a modern energy infrastructure to seriously planning on engaging in the preindustrial practice of burning wood for warmth this winter. This is no trivial blow to the standard of living in one of the most developed countries in the world.

Leaders of the major industries that power the German economy have warned of serious problems for output in the absence of the established but now vulnerable energy infrastructure. The head of technology and engineering company Bosch has said that production could be halted at their factories.

Meanwhile, the CEO of Siemens explained that the steady flow of natural gas is existential to some industries such as glassmaking. The head of BASF has made similar comments regarding its manufacture of critical chemical products involved in the already squeezed areas of agriculture, pharmaceuticals, and biotechnologies around the world. This would in turn jeopardize the employment of all those who work in these industries, in a far-reaching ripple effect.

Flailing Policy Directions
Starting in October, Germany is set to implement a levy on all gas consumers to offset the difficulties energy providers in the country are facing as they pivot to alternative sources. According to German economy minister Robert Habeck, the levy would amount to between 1.5 and 5 euro cents per kilowatt hour, or about an additional €1,000 per year for a four-person household.

In the German government, criticism and doubt of the ruling coalition’s hardline stance against Russia is mounting. Chancellor Olaf Scholz adheres to the Western consensus of being unequivocally tough on Russia, while his former political opponents Annalena Baerbock and Christian Lindner, now foreign minister and finance minister, respectively, carry out Germany’s political, military, and financial backing of Ukraine in this conflict.

The realities of the harm that these anti-Russia policies have caused Germany have provided an opening to political opponents to take the contrary position, advocating an easing of Russia policy to ease the pressure that threatens to throttle the energy security of Germany and the rest of Europe. A pivot in Germany’s Russia policy would also represent a pivot away from Washington’s policy.

It can be seen as an opportunity for Germany to assert its decision-making and leadership position at the political level in Europe, not to mention as a stakeholder in its own sovereignty. Perhaps in this way, Germany can choose to spare Europe the economic pain brought about by this largely US-driven hawkish stance toward the East.

Even if Germany can find viable energy alternatives, reverse the closure of its nuclear power plants, or come to an agreement on gas delivery with Russia, the long-term East-West relationship has been damaged. The implications of this new geopolitical and regional order are severe, to say the least. A German crisis would be a crisis for all of Europe, one that would rock the entire European Union and the many economies that surround it.
 

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EU Seeks Sweeping New Crisis Powers To Secure Critical Supply Chains

TUESDAY, SEP 20, 2022 - 12:30 AM
Authored by Tom Ozimek via The Epoch Times,

The executive body of the European Union (EU) laid out a new emergency tool to secure supply chains in times of crisis that would give it sweeping new powers to block member countries from adopting restrictions to the free movement of crisis-relevant goods or force businesses to break contracts and stockpile key products.

Details of the plan—called the Single Market Emergency Instrument (SMEI)—were unveiled on Sept. 19 by the European Commission (EC), which would be granted the power to declare an emergency and trigger a range of market interventions.

The draft measure comes in response to what the EC said were “structural shortcomings” in the way the EU single market operates that were exposed by the COVID-19 pandemic and that hampered the EU’s ability to respond effectively to crises.

“We need new tools that allow us to react fast and collectively,” said Margrethe Vestager, the EC’s executive vice president , in a statement.

”The COVID-19 crisis made it clear: we must make our Single Market operational at all times, including in times of crisis. We must make it stronger,” she said.

While responding to questions as to whether the new measures represent a “planned economy,” Vestager insisted it’s “exactly the opposite, because they ensure a functioning market.”

‘We Must Be Better Prepared’
The new crisis management tool establishes a new mechanism to monitor the EU single market, identify different risk levels, and coordinate a response in three modes: contingency, vigilance, and emergency.

In contingency mode, the EC and EU member states establish a communication and coordination framework to boost preparedness.

When a threat has been identified, the EC can trigger vigilance mode, which would focus on monitoring supply chains of critical goods and focus on building up strategic reserves of such products.

In case of a full-blown crisis, the EC would initiate emergency mode, which would see such measures as a blacklist of prohibited restrictions to ensure free movement of critical supplies within the EU single market.

In the emergency stage, EC could also recommend that member countries distribute the strategic reserves in a targeted manner and demand that businesses accept priority rated orders for key supplies. Businesses would be forced to comply with such demands or explain “the grave reasons justifying refusal,” the EC said.

There’s also an avenue for accelerated placing of critical goods on the EU single market by means of a streamlined process of testing and accreditation.

“We must be better prepared to anticipate and respond to the next crisis,” Thierry Breton, EU commissioner for the internal market, said in a statement.

“Rather than relying on ad-hoc improvised actions, the Single Market Emergency Instrument will provide a structural answer to preserve the free movement of goods, people, and services in adverse times,” he added.

The proposed new instrument still needs to be debated by EU member states and put to the European Parliament for a vote, so several months are likely to pass before it becomes law.
 

marsh

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Europe's Economy And Living Standards Are Plummeting

TUESDAY, SEP 20, 2022 - 02:00 AM
Via Oriental Review,

The ill-considered sanctions against Russia have exposed the most acute problems of Europe which is rapidly losing its economic power. A tremendous amount of businesses are on the verge of bankruptcy. A flood of migrants from Africa, the Middle East and Ukraine requires more and more budget spending. Funds are also being used to support the Kiev regime. As a result, Europe’s economies are deteriorating and living standards are plummeting.

Enterprises are on the verge of closing

In Britain 60% of enterprises are on the verge of closing due to higher electricity prices. This is reported by the analytical group Make UK, representing the interests of British industry. 13% of British factories have reduced working hours and 7% are temporarily closing down. Electricity bills have risen by more than 100% compared to last year.

In Germany, according to the Leibniz Institute for Economic Research, the number of firms and individuals went bankrupt in August alone rose 26% compared to the same period last year. The figure was significantly higher than German analysts had forecast. According to experts, during the autumn the number of bankruptcies will only increase. This is connected with the increase of the cost of production processes, in particular with the rise in prices for energy.

German Chancellor Olaf Scholz acknowledged that many Germans have faced with rising prices for fuel and food. Most countries in Europe were in a similar situation. But the authorities are sacrificing the quality of people’s lives in order to continue to exert pressure on Russia.

The crisis is just ahead
At the same time, many experts believe the stopping of Nord Stream will cause Europe’s worst energy crisis in decades.

Manuela Schwesig, state premier of Mecklenburg-Vorpommern, and Markus Söder, state premier of Bavaria, visit a site that will feed an existing pipeline network with liquefied natural gas in Lubmin, Germany, on August 30, 2022

This circumstance has already caused a sharp rise of prices of energy resources on the European market. As a result, energy bills of European households have increased. According to Goldman Sachs’ analysts, its cumulative cost will peak in early 2023, increasing by 2 trillion euros. It has also led to a record depreciation of the European currency over the past 20 years.

The increased cost of gas, heat and electricity has an adverse effect on the living standard of the people. But an even more dangerous problem is the falling liquidity of European products produced at the new cost of energy. European products are becoming uncompetitive on the world market: their price is much higher because of the cost of electricity and gas.

Attempts by EU leaders to introduce a price cap on energy from Russia have completely failed.

“Europe reaps what it sows”
European countries are themselves to blame for the problems they face this coming winter because of reduced gas supplies from Russia, Turkish President Recep Tayyip Erdogan said. According to him, “Europe reaps what it sows”, while Turkey “has no problems with gas supplies”.

The crisis in Europe is a result of political mistake. On one hand, sanctions against Russia, are favorable only to the U.S. And on the other, the imposition of the post-hydrocarbon economy on Europeans has shown its insolvency.

As a result, energy prices in Asia and Latin America today are much lower. And so are the wages of production workers. In other words, European products are totally uncompetitive. And we see a decrease in the liquidity of those products on the market. As a consequence, the European economy begins to plunge into recession. In particular, Christian Sewing, Director General of Deutsche Bank, said on September 7 that Germany is no longer able to avoid recession. Already at the moment it is buying significantly less raw materials from major suppliers such as Brazil, Argentina and the U.S.

The Economist Intelligence Unit, a British think tank, predicts that GDP growth in 2023 will be: 5.3% in China, 5.1% in India, 1.2% in the United States, 0.3% in France, 0.3% in Brazil. And it will be negative in a number of countries: minus 0.6% in the UK, minus 1% in Germany, and minus 1.3% in Italy.

Poverty is coming
The next logical consequence will be mass production closures and rising unemployment. European technology companies are already reducing the number of high-paying engineering positions. In September, German wind turbine manufacturer Siemens Gamesa announced its intention to reduce the number of employees to 1,500 people.

In turn, rising unemployment will cause a drop in living standards and an additional burden on government budgets, as the fight against poverty requires additional social spending.

European economies survive through stimulus. But this exacerbates inflation. Dutch Prime Minister Mark Rutte said, “You can’t help everyone, so we in the West will be a bit poorer because of the high inflation, the high energy costs”.

Migrants are ruinous to the budget
Meanwhile, the energy crisis and production problems have been exacerbated by migration policies that require additional budgetary injections into the social sphere.

Migrant influx into European countries over the past two decades has been less than 1 million people a year. But already last year, 1.3 million people entered the countries, and this year, there were already 1.8 million people. We must take into account the fact that some immigrants enter Europe illegally and are not registered. They are primarily residents of Somalia, Nigeria, Gambia, Iran, Pakistan, Mali, Afghanistan, Eritrea and Syria.

Moreover, more than 10 million people left Ukraine since the end of February. Of these, at least 6 million people remain in European countries, while 3.7 million have already received refugee status. The average cost per such migrant is 7,000 euros per year. Even without Ukrainians, Germany alone spends 25 to 55 billion euros annually on refugee aid.

The European economy could afford these enormous expenditures before the energy crisis. But now the situation is such that expenditures are only increasing while revenues are falling.

Following the catastrophic electricity and heating bills, Europe’s population is facing mass unemployment, followed by a decline in social support from the state. These processes inevitably lead to an overall decline in living standards.
 

marsh

On TB every waking moment

Majority Of Hungarian Gas Stations To Run Dry Next Week

TUESDAY, SEP 20, 2022 - 01:15 AM

Hungarian gas and oil giant MOL will only be able to deliver a quarter of the needed fuel from 19 September, Hungarian media reported.

According to Daily News Hungary. Szeretlekmagyarorszag.hu acquired a letter in which MOL informed its partners that they could only deliver 25% of the contracted fuel amount. The cited reason for shortfall is "to maintain the predictability of fuel orders and the supply in Hungary, MOL explaned. The oil and gas giant’s announcement concerns gasoline and diesel deliveries, too."

Similar to other European countries, the Hungarian government decided to maintain price caps on fuel and essential foodstuffs until the end of this year. Regarding the possible fuel shortage, Gergely Gulyás, the prime minister’s chief of staff, said on yesterday’s government info that "there might be problems at the petrol stations." However, they trust in the sustainability of their decisions. Gulyás added that people could thank MOL that the government can maintain the fuel price cap scheme. As a result, gasoline and diesel prices will remain at HUF 480 per litre (EUR 1.19/l) in Hungary until 31 December. Of course, the trade off is that soon there will be no gasoline and diesel.

MOL announced today that their refinery in Százhalombatta is operating again at full capacity because it successfully finished the scheduled maintenance work. The second maintenance phase will begin on 9 October, they added. But that will be a smaller-scale project affecting only the diesel-producing facilities. After finishing the procedure, it might take some time to ramp up diesel production. However, according to the Hungarian press, "fortunately demand decreases in autumn and winter, mitigating fuel shortage."

We doubt that this year demand will be falling any time soon. In fact, with shortages looming, prepare for just the opposite
 

marsh

On TB every waking moment
Miller: Biden incorrectly prioritizes EVs over gas-powered cars 5:57 min

Miller: Biden incorrectly prioritizes EVs over gas-powered cars​

One America News Network Published September 19, 2022

President Joe Biden has released the first round of funding for a nationwide electric vehicle charging network. One America's Daniel Baldwin spoke with former White House senior policy analyst Joanna Miller about how Biden is still missing the mark on this issue.
 

marsh

On TB every waking moment
(UK)

Worldwide freedom rally kicks off in central London 12:49 min

Worldwide freedom rally kicks off in central London​

Rebel News Published September 19, 2022

Rebel News' Lewis Brackpool was on the scene in central London to hear what protesters had to say about government overreach throughout the pandemic and beyond.

^^^^

Worldwide freedom rally kicks off in central London​

Rebel News was on the scene in central London to hear what protesters had to say about government overreach throughout the pandemic and beyond.
  • By Lewis Brackpool
On Saturday, September 17, hundreds of protesters gathered outside of the Bank of England in central London to hear speakers who had travelled into the capital for the occasion.

The worldwide demonstration started back in 2020 in response to overreaching COVID-19 pandemic policies such as lockdowns and medical mandates.

The protest in London was about a variety of issues that the protesters felt are not being addressed by the current government and are not discussed in the national mainstream media. Some of the subjects included COVID-19 mandates, masks, lockdowns, 5G, grooming gangs, etc. One common theme of the day was the protesters' demands that justice should be served on the politicians, scientists, and other policymakers who played a part in bringing in the ruinous lockdowns of the last two years.

It was a day of vibrant protests which saw many iconic parts of London brought to a standstill. The protesters heard speakers at the Bank of England and then marched around London blocking the Tower Bridge beside the Tower of London.
 

marsh

On TB every waking moment

Switzerland's Environment Minister Suggests People Shower Together To Save Energy

TUESDAY, SEP 20, 2022 - 03:50 AM
Authored by Katabella Roberts via The Epoch Times,

Switzerland’s environment minister is facing backlash after recommending that people shower together in an effort to cut energy consumption this winter and fend off power cuts.

Simonetta Sommaruga, 62, suggested that people “turn off the computer when you don’t need it, or turn off lights, or shower together” as part of her measures promoting a 15 percent energy consumption reduction, The Times of London reported.

Her suggestions were in response to questions on the government’s campaign by readers of 20 Minuten, the Swiss newspaper, according to the report.

Authorities in Switzerland, which imports 75 percent of its gas from Germany, announced in August that they are aiming to cut energy consumption by 15 percent from October 2022 to the end of March 2023, compared to the average consumption of the last five years.

In that same month, they launched a campaign titled “Energy is limited. Let’s not waste it,” calling on people to help ensure the country does not experience an energy shortage ahead of winter by doing things such as using less water, switching off electrical appliances and lights when they are not using them, and lowering their heating temperatures.

If the situation does not improve and further shortages are seen, the Swiss Federal Council could implement “consumption restrictions, bans, and quota systems” according to local reports.

‘Administer Our Private Lives’
However, Social Democrat Sommaruga’s comments have been heavily criticized by Géraldine Savary, editor of the women’s magazine Femina.

In an editorial published on Sept. 16, Savary wrote that the Swiss government is seeking to “administer our private lives, down to the most trivial details.”

She jokingly added that Swiss residents should wake up to the sound of “chirping birds” because they have disconnected their alarm clocks, and eat breakfast in “the darkness of the kitchen” before going to work “arm in arm, having left the car, the scooter and the electric bicycle in the garage.”

The backlash prompted Sommaruga to tell the Tages-Anzeiger, the Swiss daily, that her comments regarding showering together were intended for young people.

She noted that “after a certain age, showering together is no longer suitable for everyone,” but said she believed the idea of showering together to reduce energy consumption had been widely well-received, The Times of London reported.

Although Switzerland is one of the world’s richest countries, it is one of the least self-sufficient in terms of energy production, according to swissinfo.ch, with domestic electricity production covering just 25 percent of the country’s energy needs. It also does not have gas storage facilities of its own, meaning less gas from Europe would impact the country.

Russian state-owned energy corporation Gazprom recently announced it would not be resuming gas flows through its Nord Stream 1 pipeline to Germany. The oil giant has not yet provided an official reopening timeline.
 

marsh

On TB every waking moment

Bundesbank Sees German Economic Turmoil Worsening All Winter Amid NatGas Rationing​

TUESDAY, SEP 20, 2022 - 04:20 AM

Russia's reduction of natural gas exports to Europe's largest economy, Germany, ahead of the cold season spells trouble. On Monday, the country's central bank warned that the energy crisis could worsen as NatGas consumption is cut or rationed, leading to even more economic turmoil.

Germany largely depends on Moscow's NatGas flows, receiving about half of its supplies from Russia before the Ukraine conflict. But since the invasion, Kremlin-controlled energy giant Gazprom has reduced NatGas supplies to zero on the Nord Stream 1 to Germany.

The Bundesbank forecasted the economy would shrink even if widespread rationing is averted as energy-intensive manufacturers would have to slash production.

"Economic activity may pull back somewhat this quarter and shrink markedly in the autumn and winter months," the central bank said, adding that it didn't forecast this adverse scenario in a June report.

Bundesbank continued: "There are mounting signs of a recession in the German economy in the sense of a clear, broad-based and prolonged decline in economic output." It said a contraction is expected in the third quarter with deeper declines in economic activity in the fourth.

"High inflation and uncertainty with regard to energy supply and its costs affect not only the gas and electricity-intensive industry and its export business and investments, but also private consumption and the service providers dependent on it," the central bank said.


The latest estimates from Bloomberg show Germany and much of the euro area has around an 80% recession probability in the next 12 months.

Snag_165d8834_0.png
Source: Bloomberg

... and also comes as the European Central Bank is inflicting pain on the bloc with aggressive rate hikes to address sky-high inflation. Two oversized rate hikes in July and September, and ECB officials promised more hikes into fall. Hiking into a downturn is grounds for policy error.

Snag_165f150e.png
Source: Bloomberg

The incoming German recession depression has been on everyone's radar as things could materially worsen if NatGas supplies are rationed. Putin appears to be waging a multi-front war against Ukraine and the West, as he could singlehandedly force a recession in Germany and across the continent this winter.
 

Cacheman

Ultra MAGA!

House Republicans Plan to Investigate Chamber of Commerce if They Take the Majority​


Ryan Grim

8-10 minutes



The growth of the ESG industry has led to some counterintuitive results, as companies have learned to game the metrics: Some private prison companies, for instance, score well on the criteria.

On Thursday, 14 state treasurers issued a joint statement condemning Republican efforts to combat investor advocacy, which has led multiple states, including West Virginia, Idaho, Oklahoma, Texas, and Florida, to restrict state treasurers from doing business with funds that deploy ESG screens.

“Disclosure, transparency, and accountability make companies more resilient by sharpening how they manage, ensuring that they are appropriately planning for the future. Our work, alongside those of other investors, employees, and customers have caused many companies to evolve their business models and their internal processes, better addressing the long term material risks that threaten their performance,” the statement reads. “The evolving divide suggests that there will be two kinds of states moving forward: states focused on short term gains and states focused on long term beneficial outcomes for all stakeholders.”

The Chamber announced recently it would devote $3 million toward the election of Mehmet Oz — who goes by Dr. Oz — in Pennsylvania, and funneled it through the Senate Leadership Fund. The move was generally seen as an olive branch to Senate Minority Leader Mitch McConnell, R-Ky., who is linked to the super PAC. They have so far made no similar contribution to the House Republican super PAC.

Today’s GOP war on the Chamber of Commerce represents a stunning turnaround from just a few years ago, when House Republicans and the Chamber were aligned on just about everything. And it comes in the wake of the collapse of the National Rifle Association, leaving two of the GOP’s most powerful outside armies largely disarmed. But as the Republican Party and the Chamber have polarized to opposite sides of the conservative movement, a deeper disagreement between the two — dating back to the movement that formed around Barry Goldwater in the 1950s and ’60s — has been reawakened.

At the height of the New Deal era after World War II, Democrats and liberal Republicans were united in the belief that cooperation between big business, big labor, and government was the secret to the era’s economic boom. John Kenneth Galbraith, the nation’s most famous economist and later President John F. Kennedy’s adviser, dubbed it “The Affluent Society” in a 1958 book that was both a cultural and a political sensation.

Arrayed against this coalition was an aggrieved and increasingly well-organized network of small and medium-sized businesses that felt they were getting squeezed by the big guys. What was good for General Motors, they said, was not necessarily good for them.

Big Labor and the New Deal coalition thought that they were living in a time of peace between capital and labor, but capital always knew that they were engaged in a strategic ceasefire, having been crushed by the Depression and unable to compete against the rising strength of the modern government.

But there was no real peace, and big business launched its counterattack on both labor and government in the 1970s, ushering in the neoliberal era. The Chamber, this time allied with small and medium-sized businesses, played a major role in the counterattack, with the heir to the Goldwater movement, Ronald Reagan, enacting a wish list of big business policies, deregulation, and tax cuts.

Jamie Galbraith, who followed his father into the economics profession, served as an aide to the Joint Tax Committee in Congress and recalled the Chamber at the time as an “ultra supply-side, ultra Reagan revolution organization with essentially no compromisers. … The Chamber was just down-the-line for the lowest possible taxes and most complete deregulation and privatization.”
But the Chamber started drifting back to the center in the early part of the Clinton years, endorsing the administration’s health care proposal known as “Hillarycare,” for the first lady. “All of a sudden, the Chamber just became something wholly different than whatever I perceived them to be. And I know we were very upset about it,” said former Texas Rep. Dick Armey, the No. 3 Republican at the time.

In the wake of the endorsement, recalled one Republican operative, a member of House Republican leadership asked to meet with the Chamber’s board. Instead of delivering a standard political speech, he began by asking all the staff to leave the room. “He just ripped them a new asshole,” said the operative. “How could you possibly go down this anti-free enterprise, left-wing trail,” the GOP leader demanded. (The operative recalled it was Armey, but Armey said it may have been Tom DeLay. I couldn’t track down DeLay in time for this story.)

The dressing down worked. Richard Lesher had run the organization since 1975, but after Republicans took power in 1995 after the Gingrich Revolution in 1995, Lesher was eased out. “When we took the majority, of course, they came over, reminding us that we were the best friends we ever had — yakety yak,” Armey said. “When you come into the majority, you have no shortage of newfound friends.” The Chamber was a reliable Republican ally for the next roughly 20 years, up until just the last few.

(DeLay later launched what he dubbed the K Street Project, which was an effort to bring all of Washington’s lobbying industry under Republican authority, dictating that firms fire Democratic lobbyists or lose access to the GOP. “That was a boneheaded idea, and you can quote me if you like. I mean, who in the hell did he think he was, telling people who they can hire and who they can’t?” said Armey. “I objected to it in a leadership meeting. And my objections were not well received.”)

The tensions between big and little businesses never fully subsided, and the same network of smaller businesses that aligned themselves with Goldwater, forming the more conservative wing of the GOP, organizing behind Donald Trump in 2016 and beyond. The small and medium-sized businesses, particularly manufacturers, have also long been opposed to free-trade policies, as they lack the capacity to offshore their own production and can’t compete with cheaper products from overseas.

The conservative Republican member of Congress said that he didn’t begin as an active opponent of the Chamber, but didn’t see them as a natural ally either. “Frankly, as a business guy, I couldn’t join some of the efforts nationally, because they were at odds with small companies,” he said. “They were really pushing for a long time this pro-China trade policy, which was great for General Motors, but it was bad for everyone in the supply chain. And it was really gutting domestic manufacturing. And it was the same with NAM” — the National Association of Manufacturers — “a lot of their members had had an organization that was working against their interests. And the biggest, biggest members have certainly benefited from a lot of this stuff. And I think that’s a big part of why Trump was so well received by the small and medium business community.”

The Chamber is among the biggest spenders on lobbying activities in the country, but House Minority Leader Kevin McCarthy, R-Calif., and leading Senate Republicans like John Cornyn of Texas regularly take public shots at them. The Chamber’s top lobbying job, typically one of Washington’s plummest K Street assignments, sat open for several months until it was filled by two-term, back-bench former Rep. Evan Jenkins, who, like many Republicans from West Virginia, began his career as a Democrat. He was most recently a judge in West Virginia, having left the House to pursue an unsuccessful run for Senate in 2018.

In 2020, the Chamber endorsed 23 House Democrats in swing districts, a sharp break from the past practice of endorsing a nearly exclusive slate of Republicans, with one or two Democrats thrown on the list for a patina of bipartisan perception. The pivot came after the Chamber had been unsuccessful in stopping Trump from getting the 2016 GOP nomination — with a top Chamber lobbyist even endorsing Hillary Clinton and speaking at the Democratic National Convention. The business group delighted in Trump’s tax cut, largely written by Chamber ally Speaker Paul Ryan, but once Democrats took control in 2018, the Chamber began hedging its political bets by backing moderate Democrats.
 

marsh

On TB every waking moment

House Republicans Plan to Investigate Chamber of Commerce if They Take the Majority​


Ryan Grim

8-10 minutes



The growth of the ESG industry has led to some counterintuitive results, as companies have learned to game the metrics: Some private prison companies, for instance, score well on the criteria.

On Thursday, 14 state treasurers issued a joint statement condemning Republican efforts to combat investor advocacy, which has led multiple states, including West Virginia, Idaho, Oklahoma, Texas, and Florida, to restrict state treasurers from doing business with funds that deploy ESG screens.

“Disclosure, transparency, and accountability make companies more resilient by sharpening how they manage, ensuring that they are appropriately planning for the future. Our work, alongside those of other investors, employees, and customers have caused many companies to evolve their business models and their internal processes, better addressing the long term material risks that threaten their performance,” the statement reads. “The evolving divide suggests that there will be two kinds of states moving forward: states focused on short term gains and states focused on long term beneficial outcomes for all stakeholders.”

The Chamber announced recently it would devote $3 million toward the election of Mehmet Oz — who goes by Dr. Oz — in Pennsylvania, and funneled it through the Senate Leadership Fund. The move was generally seen as an olive branch to Senate Minority Leader Mitch McConnell, R-Ky., who is linked to the super PAC. They have so far made no similar contribution to the House Republican super PAC.

Today’s GOP war on the Chamber of Commerce represents a stunning turnaround from just a few years ago, when House Republicans and the Chamber were aligned on just about everything. And it comes in the wake of the collapse of the National Rifle Association, leaving two of the GOP’s most powerful outside armies largely disarmed. But as the Republican Party and the Chamber have polarized to opposite sides of the conservative movement, a deeper disagreement between the two — dating back to the movement that formed around Barry Goldwater in the 1950s and ’60s — has been reawakened.

At the height of the New Deal era after World War II, Democrats and liberal Republicans were united in the belief that cooperation between big business, big labor, and government was the secret to the era’s economic boom. John Kenneth Galbraith, the nation’s most famous economist and later President John F. Kennedy’s adviser, dubbed it “The Affluent Society” in a 1958 book that was both a cultural and a political sensation.

Arrayed against this coalition was an aggrieved and increasingly well-organized network of small and medium-sized businesses that felt they were getting squeezed by the big guys. What was good for General Motors, they said, was not necessarily good for them.

Big Labor and the New Deal coalition thought that they were living in a time of peace between capital and labor, but capital always knew that they were engaged in a strategic ceasefire, having been crushed by the Depression and unable to compete against the rising strength of the modern government.

But there was no real peace, and big business launched its counterattack on both labor and government in the 1970s, ushering in the neoliberal era. The Chamber, this time allied with small and medium-sized businesses, played a major role in the counterattack, with the heir to the Goldwater movement, Ronald Reagan, enacting a wish list of big business policies, deregulation, and tax cuts.

Jamie Galbraith, who followed his father into the economics profession, served as an aide to the Joint Tax Committee in Congress and recalled the Chamber at the time as an “ultra supply-side, ultra Reagan revolution organization with essentially no compromisers. … The Chamber was just down-the-line for the lowest possible taxes and most complete deregulation and privatization.”
But the Chamber started drifting back to the center in the early part of the Clinton years, endorsing the administration’s health care proposal known as “Hillarycare,” for the first lady. “All of a sudden, the Chamber just became something wholly different than whatever I perceived them to be. And I know we were very upset about it,” said former Texas Rep. Dick Armey, the No. 3 Republican at the time.

In the wake of the endorsement, recalled one Republican operative, a member of House Republican leadership asked to meet with the Chamber’s board. Instead of delivering a standard political speech, he began by asking all the staff to leave the room. “He just ripped them a new asshole,” said the operative. “How could you possibly go down this anti-free enterprise, left-wing trail,” the GOP leader demanded. (The operative recalled it was Armey, but Armey said it may have been Tom DeLay. I couldn’t track down DeLay in time for this story.)

The dressing down worked. Richard Lesher had run the organization since 1975, but after Republicans took power in 1995 after the Gingrich Revolution in 1995, Lesher was eased out. “When we took the majority, of course, they came over, reminding us that we were the best friends we ever had — yakety yak,” Armey said. “When you come into the majority, you have no shortage of newfound friends.” The Chamber was a reliable Republican ally for the next roughly 20 years, up until just the last few.

(DeLay later launched what he dubbed the K Street Project, which was an effort to bring all of Washington’s lobbying industry under Republican authority, dictating that firms fire Democratic lobbyists or lose access to the GOP. “That was a boneheaded idea, and you can quote me if you like. I mean, who in the hell did he think he was, telling people who they can hire and who they can’t?” said Armey. “I objected to it in a leadership meeting. And my objections were not well received.”)

The tensions between big and little businesses never fully subsided, and the same network of smaller businesses that aligned themselves with Goldwater, forming the more conservative wing of the GOP, organizing behind Donald Trump in 2016 and beyond. The small and medium-sized businesses, particularly manufacturers, have also long been opposed to free-trade policies, as they lack the capacity to offshore their own production and can’t compete with cheaper products from overseas.

The conservative Republican member of Congress said that he didn’t begin as an active opponent of the Chamber, but didn’t see them as a natural ally either. “Frankly, as a business guy, I couldn’t join some of the efforts nationally, because they were at odds with small companies,” he said. “They were really pushing for a long time this pro-China trade policy, which was great for General Motors, but it was bad for everyone in the supply chain. And it was really gutting domestic manufacturing. And it was the same with NAM” — the National Association of Manufacturers — “a lot of their members had had an organization that was working against their interests. And the biggest, biggest members have certainly benefited from a lot of this stuff. And I think that’s a big part of why Trump was so well received by the small and medium business community.”

The Chamber is among the biggest spenders on lobbying activities in the country, but House Minority Leader Kevin McCarthy, R-Calif., and leading Senate Republicans like John Cornyn of Texas regularly take public shots at them. The Chamber’s top lobbying job, typically one of Washington’s plummest K Street assignments, sat open for several months until it was filled by two-term, back-bench former Rep. Evan Jenkins, who, like many Republicans from West Virginia, began his career as a Democrat. He was most recently a judge in West Virginia, having left the House to pursue an unsuccessful run for Senate in 2018.

In 2020, the Chamber endorsed 23 House Democrats in swing districts, a sharp break from the past practice of endorsing a nearly exclusive slate of Republicans, with one or two Democrats thrown on the list for a patina of bipartisan perception. The pivot came after the Chamber had been unsuccessful in stopping Trump from getting the 2016 GOP nomination — with a top Chamber lobbyist even endorsing Hillary Clinton and speaking at the Democratic National Convention. The business group delighted in Trump’s tax cut, largely written by Chamber ally Speaker Paul Ryan, but once Democrats took control in 2018, the Chamber began hedging its political bets by backing moderate Democrats.
There is that nagging problem of a fiduciary duty to invest funds, particularly state pension funds, for the greatest yield at the lowest risk possible. Investing for ESG doesn't satisfy that responsibility.

The US Chamber of Commerce is pro-immigration and entirely RINO/leftist. It promotes the interests of the Corporatocracy and not small business and entrepreneurism. Small business is the engine of a strong middle class.
 
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