GOV/MIL Main "Great Reset" Thread

marsh

On TB every waking moment

CBDCs Rising: Russia To Use Digital Ruble In Settlements With China​

WEDNESDAY, SEP 28, 2022 - 01:40 PM

It has become a regular occurrence within the mainstream media these days to suggest that ties between Russia and China have been “strained” over the conflict in Ukraine and that Russia may lose the support of its ally soon. In most cases these reports are highly exaggerated and based on official comments that are taken completely out of context.

After the recent meeting between Xi and Putin in Uzbekistan, very little was said by China in regard to Ukraine, other than some short and prefabricated appeals for peace and diplomacy. Such comments are generally made for the sake of international appearances and have no bearing on China's actual agreements with Russia. There is no break in the alliance – The CCP doesn't care about Ukraine, it cares about its own interests, and those interests include vast supplies of energy resources and other commodities purchased from Russia at a discount.

By extension, Russia/China trade relations have expanded greatly in the past several months alone with bilateral deals that completely remove the US dollar as the world reserve. However, the frenzy of new trade arrangements and financial exchanges may be obscuring a much more important and far reaching event, which is the digitization of national currencies.

According to Russian lawmaker Anatoly Aksakov. Russia is currently pursuing such programs.

"The topic of digital financial assets, the digital rouble and cryptocurrencies is currently intensifying in society, as Western countries are imposing sanctions and creating problems for bank transfers, including in international settlements," Aksakov said in an interview with Russia's parliamentary newspaper.

"If we launch this, then other countries will begin to actively use it going forward, and America's control over the global financial system will effectively end..."

If we treat the Atlantic Council CBDC (Central Bank Digital Currency) tracker as a reliable reference, at least 100 countries around the world are now developing government backed digital currencies, with 11 countries already using them.

Often, CBDC programs are associated more with western central banks and it is assumed that digital currency mechanisms are purely a goal for western elites. This is simply not the case.

Russia and China are both intimately tied to the International Monetary Fund (with China a large part of the SDR global currency program), and Russia's central bank appears to be operating directly in line with other banks in its development of CBDCs. While their digital efforts could be chalked up to necessity after the nation's removal from the SWIFT network, there are many central banks that are arguing in favor of digital mechanism as a solution to economic crisis. This is how such vast changes to society are implemented without public input: It's all done to save us from "disaster."

The fast progression of so many governments towards a cashless society is disconcerting because it could remove the last vestiges of free trade and anonymity from common markets. Paper money might be fiat, but at least its private. This is not the case with digital products of any kind.

For now, CBDC developments are mostly limited to international trade transactions and have not trickled down to the general population yet.

Russia's use of a digital Ruble sets the stage for a method of bypassing SWIFT based networks and exchanging large sums of wealth in an instant. On the other hand, the notion that central banks in the US and Europe would be opposed to digital developments that cut out the dollar is a fantasy.

Almost all central banks appear to be onboard for a massive global shift in the way money functions and how our economies operate, and this includes the Federal Reserve, and they know that this change would effectively end the dollar's reserve status. The question is, what will replace the dollar? The IMF has some ideas about that as they also pursue a digital SDR mechanism. From the IMF's own website:

"A virtual SDR could facilitate the SDR’s use in private transactions, creating a global cryptocurrency that could circulate along with national or regional cryptocurrencies backed by central banks."

With geopolitical tensions rising to a fever pitch, the chaos may be the perfect smokescreen for such a financial reset.
 

marsh

On TB every waking moment

Locomotive Machinists, Mechanics Reach New Deal With Railroads

WEDNESDAY, SEP 28, 2022 - 12:45 PM
By Joanna Marsh of FreightWaves

The International Association of Machinists and Aerospace Workers (IAM) District 19 has reached a new tentative agreement with the group representing the freight railroads in contract negotiations.

This agreement tweaks one that IAM rejected earlier this month. IAM represents locomotive machinists, track equipment mechanics and facility maintenance personnel at the freight railroads represented by the National Carriers Conference Committee (NCCC).

“Throughout this process of seeking a new contract, you have stood strong and demanded the fair treatment you deserve from the carriers,” IAM said in a Tuesday notice to members. “Your solidarity and strength have made national headlines and, most importantly, given your District 19 negotiating team the power we need at the negotiating table to make the carriers listen to your needs.”

According to IAM, highlights of the agreement include a cap on health care costs; codified language regarding travel costs for roadway mechanics; further bargaining over travel expenses and per diem; and plans to conduct a joint study on overtime, forced overtime policies and overtime meal options.

The new agreement also includes other provisions from the original one, including a 24% compounded general wage increase, a $5,000 service recognition bonus and full retroactive pay, among other provisions. The new agreement also has a “me-too” clause in which IAM rail division members could receive the same terms that another union might secure in its agreement.

IAM will send the agreement to its nearly 5,000 members for approval. A cooling-off period during which members cannot legally strike will be in effect through Dec. 9, and “in the meantime, we continue to work with coalition partners to secure the best deal possible.” The December date also puts IAM District 19 members back on schedule with many other rail unions, IAM said.

“As always, IAM District 19 members will have the final say in this improved Tentative Agreement. Ratification vote details will be shared with every member soon. The IAM District 19 Leadership Team will soon be visiting shops from coast to coast and looks forward to answering your questions,” IAM said.

NCCC confirmed that this second agreement implements the recommendations of the Presidential Emergency Board (PEB), the third-party, three-person board appointed by President Joe Biden to find conditions that both the unions and the railroads could agree upon as they negotiated a new labor agreement.

Those recommendations include a 24% wage increase during the five-year period from 2020 through 2024 — with a 14.1% wage increase effective immediately — and five annual $1,000 lump-sum payments, NCCC said.

“With today’s announcement, all unions in the national bargaining round have ratified or are in the process of ratifying new collective bargaining agreements,” NCCC said, providing a link to the status of all pending ratification votes.

A new labor deal for union members has been in the works since January 2020, but negotiations between the unions and the railroads failed to progress. A federal mediation board took up the negotiations but released the parties from those efforts earlier this summer.

The PEB convened in July and August to come up with ways that the unions and railroads could resolve the impasse and issued recommendations last month. The recommendations were meant to serve as a jumping-off point for a new contract.

Two of the largest labor unions — those representing locomotive engineers and train conductors — were the last to reach a tentative agreement with the railroads. Their agreement averted a strike that could have begun as early as Sept. 16.
 

marsh

On TB every waking moment
Unresponsive to Traditional Treatment: These Long, Stringy Clots Are NOT Going Away 1:07 min

Unresponsive to Traditional Treatment: These Long, Stringy Clots Are NOT Going Away​

Red Voice Media Published September 28, 2022

Dr. Peter McCullough: "I've had a lot of experience in pathology, cardiac pathology, they [blood clots] never come out in whole, rubbery strings. This is distinctly unusual."

"These are not dissolving with standard blood thinners. So I'm very concerned about these patients with vaccine-induced blood clots. They can be lethal, and they're not responding to traditional treatment."
 

marsh

On TB every waking moment
Uncensored: This is How We Defeat the WHO with James Roguski 42:25 min

Uncensored: This is How We Defeat the WHO with James Roguski​

Complete Shows Published September 28, 2022

James Roguski has been relentless in campaigning against the WHO Pandemic Treaty and he joins Maria Zeee today to discuss his new campaign, 'SCREW THE WHO', which has contributions from the likes of global platforms that have given a voice to all of the censored doctors and experts who have been silenced by globalists pushing this war on humanity such as Zeee Media, Del Bigtree from The Highwire, and more.
 

marsh

On TB every waking moment
Michael Yon @MichaelYon
Sep 28, 2022 at 9:31am
Russia Threatens to Cut off Yamal Pipeline
28 September 2022
Dublin, Ireland

Fat people have major advantages during cold and famine. Read five random books on famines that occur in cold places. Is true.

We all been waiting for someone’s boot to drop on Yamal, and some others. Keep eyes on the Norwegian flows.

Please see my Givesendgo. Now more than ever I need to be downrange. Those who follow my work are far better prepared to get through this than those who do not. Build your human network. This is vital.


1664417538566.png

^^^^
Michael Yon @MichaelYon
Sep 28, 2022 at 10:58am
Critical, Vulnerable Infrastructure
28 September 2022
Dublin, Ireland

Watching all these, oil, and other infrastructure with great interest. Bets are on that one-by-one these will go offline within a year. As energy goes offline, water will follow.

Have been saying since the beginning of the Ukraine war that I would not be surprised by preemptive nuclear strike by USA on Russia.

Russia appears to be doing all possible to avoid triggering Article 5 while still waging war. USA and others appear to be trying to bait Russia into crossing Article 5. And in any case, American Democrats are famous for false flags and provoking a first shot, such as the Mexican American war, against Japan, Capitol incident on J6, and more. Fictitious or manmade casus belli.

This does not make Putin an innocent victim. This is a whore fight. Zelensky, Biden, Trudeau, Putin, the entire German government, Rutte, WEF — all whores fighting over the backs of billions of people.

Global 1848 is required. Uprisings across the globe. Bottom up.

Keep preparing your house and network. Human networks are vital. Get GMRS and other radios you need NOW. Don’t worry about the licensing for shortwaves, etc. Just get it and learn it. If there are governments left to issue licenses, that can be done later.

1664417641049.jpeg
 

marsh

On TB every waking moment
Michael Yon @MichaelYon
Sep 28, 2022 at 11:21am
Get Out: US Embassy Warning for US Citizens in Russia
Get out


Security Alert for U.S. Citizens in Russia

U.S. Embassy Moscow, Russia (September 27, 2022)

Event: On September 21, the Russian government began a mobilization of its citizens to the armed forces in support of its invasion of Ukraine. Russia may refuse to acknowledge dual nationals’ U.S. citizenship, deny their access to U.S. consular assistance, prevent their departure from Russia, and conscript dual nationals for military service.

Commercial flight options are extremely limited at present and are often unavailable on short notice. Overland routes by car and bus are still open. If you wish to depart Russia, you should make independent arrangements as soon as possible. The U.S. Embassy has severe limitations on its ability to assist U.S. citizens, and conditions, including transportation options, may suddenly become even more limited.

U.S. citizens should not travel to Russia and those residing or travelling in Russia should depart Russia immediately while limited commercial travel options remain. The Department of State provides information on commercial travel on the Information for U.S. Citizens in Russia – Travel Options Out of Russia page on travel.state.gov. This site also provides information on requirements for entering neighboring countries, procedures for travel on expired U.S. passports in some circumstances, and visa requirements for families with American and Russian citizen family members.

We remind U.S. citizens that the right to peaceful assembly and freedom of expression are not guaranteed in Russia. Avoid all political or social protests and do not photograph security personnel at these events. Russian authorities have arrested U.S. citizens who have participated in demonstrations.

Actions To Take:

• Read the Department’s Travel Advisory for Russia.

• Carry proper identification, including a U.S. passport with a current Russian visa.

• Have a contingency plan that does not rely on U.S. government assistance.
 

marsh

On TB every waking moment
Michael Yon @MichaelYon
Sep 28, 2022 at 6:36pm
Russia is a Prop in a Bigger War
Looking at the broader picture, included clear and stated goals of depopulation, I’d bet one-by-one the lights are going out. Such as the various Norwegian gas flows, Yamal gas line, and other infrastructure such as the cables…and blame it all on Russia.

Attempting to use “logic” or “common sense” to predict how this goes is both illogical and nonsensical.

My current working paradigm is proving highly predictive. In this paradigm, Russia itself is being manipulated and used as an unwitting, unwilling tool in Germany’s suicide, total destruction of EU, and a global Megacide far beyond any previous genocide.

If my working paradigm is accurate, we will see pipelines and other infrastructure shut down or attacked before our eyes. 2023 begins the year of mass death.

Buy your radios. Learn to use them.

See this cable map:


1664418460699.png
 

marsh

On TB every waking moment

Drought impacts hurt farm communities (Calif.)
September 28, 2022

Colusa County farmer Don Bransford stands next to an empty field he normally would have planted to rice. In his 40-plus years farming rice, the 2022 growing season marks the first time he was forced to fallow 100% of his acreage due to the drought and reduced water deliveries to farms.

By Ching Lee

With rice harvest underway in the Sacramento Valley, Colusa County farmer Don Bransford should be running his combine, delivering truckloads of the grain to a nearby dryer.

Instead, he stares out into a field of bare soil he recently tilled to tidy ground that had been inundated with weeds after it laid fallow all season. Because of the drought and water cutbacks to farms, empty fields are a common sight this year. But such visuals don’t show the economic toll beyond the farm, Bransford pointed out.

“There’s a greater invisible impact going on in the communities,” he said.

Rice farming remains the economic lifeblood of towns such as Williams, Maxwell and Colusa in Colusa County and Willows in Glenn County. This year, with virtually no rice being harvested in the two regions, “there’s real stress within the communities here,” Bransford said.

Since he started farming rice 42 years ago, Bransford has never fallowed 100% of his rice ground. The west side of the Sacramento Valley, where he grows rice, took the brunt of the water reductions. Some 600 square miles, or 370,000 acres, in the region did not get planted this year, according to the Northern California Water Association. Farms in the Glenn-Colusa Irrigation District planted just 1,000 acres of rice when they typically grow about 100,000 acres, said Bransford, who serves as district board president.

As a result of the reduced water deliveries to farms, rice production statewide has fallen 50%, to about 250,000 acres, the California Rice Commission estimated. Drought impacts this year are expected to cause a loss of some 14,300 jobs and about $1.3 billion in economic profit, according to the University of California, Davis.

Farmers who idled ground say preventive-planting crop insurance will help them. But they expressed concern for the many support businesses that are vital to the rice-farming infrastructure and that are hurting because of the reduced rice acreage.

Bransford pointed to rice mills in his community that typically run two shifts a day and are now running one. Warehouses that dry and store rice have closed some of their facilities. Trucking businesses have less rice to haul. Suppliers of fertilizer and other chemicals have seen sales plummet. Town merchants also are suffering, he said, because “when people aren’t getting paid, they just cut back on their buying.”

With so much unplanted rice ground, Bransford said there has been a “significant impact” on the agricultural workforce. Some employees are having to drive farther from home to look for work. Others may be collecting unemployment checks, Bransford said, but they will miss out on the overtime and double-time pay common this time of year “when most of our employees make the bulk of their money.”

At De Pue Warehouse Co. in Colusa County, rice harvest season should be a busy time of year for its drying and storage facilities throughout the Sacramento Valley. Its office in Williams gets busy too weighing truckloads of harvested rice.

“Right now, we’re just twiddling our thumbs more than anything,” President and General Manager Kevin Dennis said.

The company typically operates seven to eight dryers during harvest, he noted, but it will probably run three or four this season. With reduced plantings last year due to the drought, De Pue dried 50% of its normal volume of rice. This year, Dennis estimates the amount will be about 10% of normal.

As such, he said he was forced to lay off 35% to 40% of his workforce. If all the facilities are running full bore, he said, De Pue would be hiring 60 to 80 additional people. So far, he’s hired three. He said he anticipates hiring a few more people once the company’s walnut hulling business gets busier.

Whereas farmers with crop insurance will receive some compensation for their lost income, Dennis said ancillary businesses such as De Pue don’t have such insurance and depend on farmers for revenue.

Chris Torres, who farms in Colusa and Glenn counties, also didn’t plant any rice this year, which he said is unprecedented. Even so, he said his farm will “fare OK” because crop insurance payments will get him through the year. It’s his trucking business that’s suffering, he noted.

“It’s not going to be an easy road because there’s just not going to be the work coming up the pipeline for our trucks,” he said. “I depend on the rice industry to keep my trucks going.”

This time of year, trucking companies typically charge a premium to haul rice out of the field in a timely manner, he said. Truckers make their profit margin during harvest because they do a lot of short hauls and use their equipment more. During the off-season, they haul dry rice out of warehouses, and that work will also be considerably less this year, he said.

“We’d be going sunup till sundown right now, if harvest was normal,” Torres said. He estimated he may have 10% of the fall harvest work that he normally has this season and that his trucking business will be at least $100,000 short of its normal net income.

Other businesses such as NAPA Auto Parts and Alderson Ranch Supply in the Colusa County town of Princeton also have felt the impacts of the drought. During harvest, it would be busy every day repairing tractors and tires and selling parts. “This year’s just slow,” owner Brian Roach said.

Josh Hughes, manager of Holt Ag Solutions in Williams, which sells farm equipment and parts, said his business is “at the mercy” of the farm economy, which depends on water. With farmers not growing as much rice, they’re not using their equipment as much and not wearing out the parts that the company sells, so they’re spending less money at the store, he said.

“There’s just not the volume out there as a normal season,” Hughes said, adding he expects business will remain slower through at least 2023.

With farmers still receiving proceeds from last year’s rice crop, Denise Carter, a Colusa County farmer and supervisor, said she thinks the “cash-flow crunch for a lot of people” will come next year. Affected farms and businesses are having to “tighten their wallets,” she said.

That means less money for charitable giving to support everything from Little League to junior livestock auctions at the fair to a variety of nonprofits. “It’s the classic trickle down,” Carter said.

Because California rice fields typically supply more than 50% of the feed and habitat for migratory waterfowl, farmer Don Bransford said the reduced acreage could potentially lead to “a devastating winter” for those birds. Botulism occurs when there’s overcrowding of geese and ducks where they feed, he noted, and with recent discovery of avian influenza in the state, the impacts could be huge.

Less rice acreage and bird habitat will also affect winter tourism, Carter said. People visit rice regions such as Colusa County for duck hunting and viewing, she said, during which they spend money at restaurants, hotels, gas stations, and hunting and fishing stores.

Carter noted some of these establishments already are expecting less traffic this winter. Ultimately, she said, counties will take a hit from the reduced sales revenue and use taxes generated by the many businesses tied to the agricultural economy.

“It’s very frightening to think about the future,” she said.
 

marsh

On TB every waking moment

Ethanol Production Drops to Levels Not Seen Since the Pandemic: What is the Cause?

Ethanol Production 092822
By MICHELLE ROOK September 28, 2022

Video on website 2:23 min

United States ethanol production has slowed the last several weeks and is now at levels not seen since the height of the COVID-19 pandemic. Production has been running below 1 million barrels per day for several weeks and usually slows in the fall for plant maintenance. However, for the week ending September 16 it dropped to an 81-week low of 901,000 barrels per day and this week it fell to 855,000 barrels per day.

Joe Vaclavik, Standard Grain says that is a concern for the market, "So its normal to be weak this time of year but not necessarily this week. So yes, its soft demand for ethanol."

Geoff Cooper, Renewable Fuels Association President and CEO, explains, "I think the big reason for that is gasoline demand is down and its down a lot compared to past years. We’re kind of talking levels that we saw during the pandemic."

Some plants also slowed crush waiting for less expensive new crop corn. Vaclavik, says that isn't a surprise, "The corn situation’s tight that’s reflected in the basis, that’s not a secret. Cash markets are really really strong."

Additionally ethanol prices follow energy prices which have dropped to the January lows. This has pulled plant margins well off the record levels seen just last fall and idled plants in Iowa and Minnesota. Brad Kooima of Kooima Kooima Varilek, confirms, "There’s at least one ethanol plant here that is closed all together for a little while, most all the other ones are running slowly because of the lack of profitability, because of where crude oil is and where the cost of corn is."

Cooper adds, "You know you just go back a few months and ethanol was trading for a dollar cheaper than gasoline at the wholesale level. Today those two are much closer to parity or very close in price."

There have also been logistical issues with the rail and the threat of a strike on September 16 had some plants slowing production because their storage was full. Cooper says they anticipate improvements ahead, unless the U.S. moves into a deep recession. Cooper says, "We know historically when the economy enters recession gasoline demand tends to suffer so we’re watching that very closely."

The slower ethanol demand has been noticed by the trade as USDA lowered corn for ethanol use by 50 million bushels in the September WASDE.
 

marsh

On TB every waking moment

This Researcher Looks to Uncover Renewable Diesel Source in Unique Place

Farm Journal Report-University of Nebraska
By TYNE MORGAN September 28, 2022

Step into greenhouses at the University of Nebraska-Lincoln (ULN), and you’ll discover research taking root to answer a growing global need for more oil–from jet fuel, to heavy equipment, as well as food products and industrial needs.

The demand for oil continues to ramp up as biomass based diesel, which includes renewable diesel, is fueled by the focus on finding cleaner burning fuels. Seeing that need is exactly what one UNL researcher made the focus of his latest research.

“Our research is focused on making more oil and better oil,” says Edgar Cahoon, professor of biochemistry and also director of the center for plant science innovation at UNL. “We're trying to address the need for the for more oil, there's a world shortage of vegetable oils, but also tried to make higher value oils for producers.”

Department of Energy Shows Interest in UNL Research
The need is so great, Cahoon’s research just received a $12.8 million grant from the Department of Energy over the next five years.

Cahoon says he’s part of a group of a researching team, led by UNL, who is using biotechnology tools to improve crops, unlocking the full potential of two oilseeds, but then those findings will be applied to crops not known for producing oil.

“We're doing that both in traditional oilseed crops like soybean, but also trying to make more oil and vegetative or biomass crops like sorghum,” he adds.

Uncovering What Genes Produce the Oil
So, exactly what are the researchers trying to uncover? Cahoon says his research is out to find what makes the oilseeds oil-producing machines.

“This idea that we're going to be engineering, vegetable oil production and the leaves of stems, leaves and stems of sorghum is kind of a new idea. And it's really both a scientific challenge and at some point, will be a bio processing challenge,” says Cahoon.

Through biotechnology, Cahoon and the team are working to introduce genes that increase the genetic diversity of the plant, and ultimately, allow the crops to produce higher levels of oil.

“We want to add more value to the these biomass crops like sorghum by engineering pathways to make oils, not in the seeds, but in the the leaves and the stem of the crop to add more value. In the bio processing of sorghum, not only do we get the biomass, but we can get the vegetable oil,” Cahoon explains.

It’s not just traditional oil seed crops such as soybeans being explored here in this greenhouse, but also crops that don’t traditionally aren’t crushed for oil.

“We're working with the biomass crops, they don't traditionally make vegetable oils, so they they're used for things like biofuels,” Cahoon says.

The Push for More Oil to Fuel Demand
The research is being driven by a growing hunger worldwide for more oils, and one that doesn’t seem to be on pace to slow down anytime soon.

1664419291076.png

The growing need for oil that can be turned into renewable diesel and sustainable aviation fuel is an industry trend that started making waves just over a year ago. For more than a year, S&P Global Commodity Insights has been digging into the need for more oil. Their current forecast shows how that demand is expected to continue to grow, and considering a large portion of these products are already used for food and industrial purposes, analysts say more supply will be needed to meet that demand.

Some of that supply could come from new feedstock supplies like camelina, another crop UNL is currently researching.

“We also work on non-food oil crops,” says Cahoon. “One of them is camelina, we think that's an alternative especially for maybe more marginal dry land applications. And as a cover crop for rotations with crops like soybean.”

Cahoon says vegetable oils are the most energy dense molecules produced on the planet, which is why they are an attractive option for the quest to find more oil to supply renewable fuels and bioproducts.

“They have the functionality that you need for the food applications, but they also have a lot of energy stored within the molecules that can be broken apart and used for diesel applications for jet fuel applications,” he adds.

UNL's Focus on Biotechnology
Cahoon says the research is taking root at UNL for one major reason: the University’s continued investment and focus on biotechnology, which is a vital tool in meeting the exploding demand.

“We're really fortunate at the University of Nebraska-Lincoln because we have some of the best facilities in the public sector for crop biotechnology,” he says.

The living laboratory is rooted in understanding farmers’ needs to create value-added opportunities, even beyond traditional uses of food and biofuels. Cahoon says the research at UNL facilities today are aimed at not only understanding the enzymes that could allow different crops to generate oil, to producing soybean plants that even feature fish oils, it’s all about meeting a growing demand.
 

marsh

On TB every waking moment

Nord Stream Attack Updates
United States complicity seems increasingly to be an open secret.


eugyppius
11 hr ago

oil slick NordStream 2. Photo Forsvaret released
Radosław Sikorski, MEP, former Polish defence minister and husband of well-connected neoconservative intellectual Anne Appelbaum, has publicly thanked the United States for attacking the Nord Stream pipelines.

Jim Geraghty, senior political correspondent for the American political journal National Review, has also praised the attacks in a brief column under the headline “Who Will Rid Me of This Meddlesome Pipeline?” He’s been arguing about the importance of taking Nord Stream 2 offline since February, and suggests that the present attacks reflect his influence.

The biggest detail to break since I went to sleep yesterday, is this claim made by an anonymous intelligence source to Der Spiegel, that the CIA had warned Germany of Baltic pipeline attacks over the summer:

The United States warned the German government weeks ago of possible attacks on gas pipelines in the Baltic Sea. According to information from SPIEGEL, a corresponding tip from the US intelligence service CIA was received in Berlin in the summer.

Several persons familiar with the matter confirmed this. …

Even before the invasion of Ukraine, Nato partners had repeatedly pointed to suspicious activities of Russian ships over nodes of the underwater networks.

However, an initial analysis of satellite images from the area of the incidents showed only inconspicuous ship traffic at first glance, security circles said.

The Tagesspiegel has a longer piece today trying to come up with a plausible motive for Russia. They imagine that a Russian attack might have had the purpose of allowing Gazprom to escape contractual requirements to deliver gas through Nord Stream 1, thus driving European energy prices higher. Alternatively, they propose it might’ve been a ruse to circumvent sanctions for the repair of the pipeline. To even retype these theses is to reveal their infirmity.

The damage is expected to be extensive, and the gas will probably continue to vent for up to two weeks. The company that operates Nord Stream 1 has not ruled out a repair attempt. Nord Stream 2 AG spokesman Ulrich Lissek told NDR that images of the venting gas suggest that “the structural integrity of the pipeline must be massively damaged.”

Meanwhile, the German and EU officials have promised to get to the bottom of this and threatened the saboteur with sanctions.

For more, see the updates to yesterday’s post.

UPDATE: One speculative point I’m been thinking about, is it looks like the attacks were partially botched. According to all reports, one of the Nord Stream 2 pipes has not been ruptured, and about 17 hours passed between the first and second explosions. Ideally they would’ve cut all four pipes simultaneously, no?
 

marsh

On TB every waking moment

‘Thank You, U.S.A.’: Why Is Poland’s EU Rep Cheering Nord Stream’s Potential Sabotage?

MICAELA BURROW
REPORTER
September 27, 2022

One Polish official appeared to cheer the suspected sabotage on the Nord Stream gas pipelines Tuesday as his country celebrated the completion of its own northern pipeline project.

European Parliament representative for Poland Radek Sikorski said “Thank you, U.S.A.!” in a tweet Thursday as European Union officials traveled to Goleniów, Poland, to inaugurate their own pipeline project. The partially EU-funded Baltic Pipe project will bring Norwegian natural gas to Poland through Denmark, and simultaneously create an export market for Poland in Denmark. (RELATED: ‘Act Of Sabotage’: Europe Investigates Massive Leaks From Nord Stream Pipelines)

“BTW, there’s no shortage of pipeline capacity for taking gas from Russia to Western Europe, including Germany,” Sikorski said after comments to his initial statement derided the U.S. for cutting off a potential energy source for Europe. “Nordstream’s only logic was for Putin to be able to blackmail or wage war on Eastern Europe with impunity,” he added.

Sikorski then addressed Russia’s foreign ministry. “Someone … did a special maintenance operation,” he said, referencing the official Russian label of “special military operation” for the war in Ukraine. He shared a video of President Joe Biden vowing to axe Nord Stream 2 if Russia invaded Ukraine.

“All Ukrainian and Baltic sea states have opposed Nordstream’s construction for 20 years. Now $20 billion of scrap metal lies at the bottom of the sea, another cost to Russia of its criminal decision to invade Ukraine,” Sikorski added.

Polish Prime Minister Morawiecki immediately attributed the pipeline damage to sabotage connected directly with escalation of the conflict in Ukraine, according to Reuters.

The CIA warned Germany in the summer of possible attacks on the crucial pipelines.

Poland fought the construction of Nord Stream 2, according to German-language paper Der Spiegel, UAWire reported. The Polish Energy Regulatory Office dispatched a letter to Germany’s economy ministry in 2021 arguing that the pipeline, which would allow Russia to double its gas exports directly to Germany, might “jeopardize the security of gas supplies to certain member states, regions or even the entire European Union.”

Nord Stream 2 was set to come into full operation in early 2022 before German Chancellor Olaf Scholz put a pause on the inauguration as a response to Russian aggression. Since then, European countries have looked to diversify natural gas sourcing away from Russia as the Kremlin steadily crimped gas supply through the Nord Stream 1 pipeline.

The EU’s Baltic Pipeline will come partially online on Oct. 1. Transmission system operators Energinet and GAZ-SYSTEM say gas flows should reach full capacity by November.

An earlier-than-expected date for pipeline completion could bring in double the amount of gas initially anticipated, Reuters reported.

“The Baltic Pipe is a key project for the security of supply of the region and the result of an EU policy drive to diversify sources of gas. The pipeline will play a valuable role in mitigating the current energy crisis,” EU Commissioner for Energy Kadri Simson said in a statement.

Energinet said the company had implemented “a number of precautionary measures” including “increased surveillance and security” in response to a question from the Daily Caller News Foundation about the apparent Nord Stream sabotage.

Poland’s foreign ministry issued an advisory warning citizens against traveling to Russia later on Tuesday, citing “Russian authorities recognising Poland as a hostile state,” TVP World reported.

A spokesman for Sikorski declined to comment. The Polish foreign ministry and embassy and GAZ-SYSTEM did not respond to the DCNF’s requests for comment.
 
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marsh

On TB every waking moment

‘Course Correction’: China Recalibrates Its Plan For World Dominance​

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MICAELA BURROWREPORTER
September 27, 20221:33 PM ET

China may be reining in its trillion-dollar investment initiative, aimed at spreading Chinese influence across the global south, The Wall Street Journal reported Monday.

Under the Belt and Road Initiative (BRI), Chinese authorities have pressured banks to give out loans with generous conditions to poorer countries mostly for infrastructure projects that help cement ties between China and participating nations, the WSJ reported. Now policymakers are deliberating a “Belt and Road 2.0” that would implement more stringent conditions for new projects amid growing risk of default by the recipient countries, people involved in the policymaking told the WSJ.

“China is attempting a course correction,” Weifeng Zhong, a senior research fellow who tracks Chinese government propaganda at George Mason University, told the WSJ.

In 2010, before China rolled out the BRI, countries that could be considered in financial distress held just 5% of Chinese loans, according to research from economists Sebastian Horn, Carmen Reinhart and Christoph Trebesch, the WSJ reported. Today, up to 60% of Chinese debt is in the hands of economically burdened countries.

For example, Sri Lanka’s economic collapse and default this summer jeopardized China’s ability to recover that debt, and the small island country is working with the International Monetary Fund on a restructuring agreement, Reuters reported. China holds about $5 billion in Sri Lankan debt.

Economists said China’s position as a financier may have contributed to Sri Lanka’s downfall, according to the WSJ.

As the global economy cools down, China has lost tens of billions in loan repayments and seen infrastructure projects fall through, the WSJ reported.

Chinese President Xi Jinping told senior officials in November the project had grown “increasingly complex” and required a more cautious approach to investment and vetting of potential projects.

China’s Foreign Ministry told the WSJ “we will work with the international community to promote high-quality development of Belt and Road cooperation.”

One way China has already changed its BRI policy is by opening up to international institutions, such as the Paris Club of major sovereign creditors like the U.S., to help resolve debt crises, the WSJ reported.

Chinese banks will have to take losses, the WSJ reported, amid an ongoing banking crisis. Xi’s immovable stance on “Zero Covid” has also stifled post-pandemic recovery, with the country seeing growth far below its target of 5.5% for 2022.

BRI investments fell by roughly half after the onset of the COVID-19 pandemic and have remained steady since, according to the Green Belt and Road Initiative Center.

Wang Xiaolong, director-general of the Chinese Foreign Ministry’s economics division, said economic strains following COVID-19 had negatively influenced 50% to 60% of BRI projects, Hindustan Times reported in 2021.

The BRI has received widespread criticism for its allegedly exploitative practices since launching in 2013. Chinese state-operated companies typically own the infrastructure projects in developing countries, importing Chinese labor while saddling host countries with predatory debt.

Western observers call the phenomenon “debt-trap diplomacy,” spurring an attempt from the West to provide alternatives to BRI.

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The Chinese Foreign Ministry did not immediately respond to the Daily Caller News Foundation’s request for comment.
 

marsh

On TB every waking moment

Nationwide Rents Drop For First Time In Two Years

WEDNESDAY, SEP 28, 2022 - 07:40 PM

The latest real-time rent data from the property research firm CoStar Group shows apartment rents in the US are fading from record highs for the first time in almost two years, according to WSJ.

CoStar said national US rents in August fell .1% from July. It was the first monthly drop since December 2020 -- a sign rents may have finally peaked.

Two other property research firms, Rent.com and Realtor.com, recorded slight monthly rent declines last month.

Monthly rent declines are still minuscule compared with the 23% increase since August 2020, according to Realtor.com.

Orphe Divounguy, an economist at Zillow Group, said there's no guarantee that rents peaked because soaring mortgage rates have unleashed an affordability crisis where households are being priced out of owning and forced to rent.

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Meanwhile, CoStar forecasts more rental market cooling this fall and winter. They say September rents are expected to decline for the second consecutive month. Some analysts expect rents to continuing decreasing on a monthly basis through the end of this year -- that would be a drastic change from the same period in 2021 when rents soared.

We outlined first in Some Good News: Rents Have Finally Peaked As Rental Market Enters "Widespread Cooldown" and then Some More Good Inflation News: Owner-Equivalent Rents Are About To Peak that rental hyperinflation peaked earlier this year and would continue to slow through the end of the year.

WSJ noted seasonality, new apartment construction, and unaffordable rents are some factors cooling rental markets.

Further hints about the rental market were heard from one of the largest owners of multifamily units in the US, Starwood Capital Group, whose CEO, Barry Sternlicht, told CNBC:

"The pace of rent increases, we're seeing it go down month-to-month."

Last week, we noted that Manhattan's red hot rental market finally plateaued after six months of "record number of records" as median rent in the borough peaked in July at $4,150 and slid in August to $4,100.

Perhaps what's happening in NYC is a sign US rental market slowdown could gain momentum in the months ahead.
 

marsh

On TB every waking moment

Are We Falling As Rome Did?

WEDNESDAY, SEP 28, 2022 - 07:20 PM
Authored by Julie Ponese via The Epoch Times,

3, 2, 1... Timber! A Philosopher’s Take on the Collapse of Our Civilization
The clock seems to be ticking.

Growing disparities in wealth, a housing and gas crisis, transhumanism galloping over the horizon, heroized incivility, and the constant threat of viruses, the “cures” for which may be worse than the diseases. Global politics feels eerily apocalyptic these days and, in our own little worlds, many of us are so lost, so unmoored from the comforts of our pre-pandemic lives, that we don’t know which end is up or what the future will hold. Investigative journalist Trish Wood recently wrote that we are living the fall of Rome (though it’s being pushed on us as a virtue).

I wonder, are we falling as Rome did? Is it possible that our civilization is on the verge of collapse? Not imminent collapse, perhaps, but are we taking the initial steps that civilizations before ours took before their eventual downfalls? Will we suffer the fates of the Indus, the Vikings, the Mayans, and the failed dynasties of China?

As a philosopher, I need first to understand what we mean by “civilization” and what it would mean for that thing to collapse.

This is a significant conceptual hurdle. “Civilization” (from the Latin civitas, meaning a body of people) was first used by anthropologists to refer to a “society made up of cities” (Mycenae’s Pylos, Thebes, and Sparta, for example). Ancient civilizations were typically non-nomadic settlements with concentrated complexes of persons who divided labor. They had monumental architecture, hierarchical class structures, and significant technological and cultural developments.

But just what is our civilization? There isn’t a tidy line between it and the next in the way the Mayans’ and the Greeks’ coexistence was defined by the ocean between them. Is the concept of Western civilization—rooted in the culture that emerged from the Mediterranean basin over 2,000 years ago—still meaningful, or has globalization made any distinction between contemporary civilizations meaningless? “I am a citizen of the world,” wrote Diogenes in the fourth century B.C. But of course, his world wasn’t quite as vast as our own.

Now for the second issue: civilization collapse. Anthropologists typically define it as a rapid and enduring loss of population, socio-economic complexity, and identity.

Will we suffer a mass loss of population or socio-economic complexity? Perhaps. But that isn’t what concerns me. What I really worry about is our loss of identity. I worry that we’ve lost the plot, as they say, and that with all our focus on the ability of science to save us, we’ve lost our ideals, our spirit, our reasons for being. I worry we are suffering what Betty Friedan called “a slow death of the mind and spirit.” I worry that our nihilism, our façadism, our progressivism are incurring a debt that we may not be able to pay.

As the eminent anthropologist Sir John Glubb wrote (pdf), “The life-expectation of a great nation, it appears, commences with a violent, and usually unforeseen, outburst of energy, and ends in a lowering of moral standards, cynicism, pessimism and frivolity.”

Think of a civilization as the top step on a staircase, with each stair below having fallen away. Western civilization today is built largely on the foundational ideals of ancient Greece and Rome that endure long after their physical structures and governments disappeared. But they endure because we find them meaningful. They endure through literature and art and conversation and ritual. They endure in how we marry, how we write about one another, and how we care for our sick and aging.

One lesson history tries to teach us is that civilizations are complex systems—of technology, economics, foreign relations, immunology, and civility—and complex systems regularly give way to failure. The collapse of our civilization is almost certainly inevitable; the only questions are when, why, and what will replace us.

But this brings me to another point. Early in its usage, anthropologists started using “civilization” as a normative term, distinguishing “civilized society” from those who are tribal or barbaric. Civilizations are sophisticated, noble, and morally good; other societies are uncivilized, backward, and unvirtuous.

But the old distinction between civilization and barbarism has taken on a new form in the 21st century. It is from within our own “civilized” culture that emerges an inversion of the concepts of civility and brutishness. It is our leaders, our journalists, and our professionals who ignore the standards of rational discourse, who institutionalize hatred and incite division. Today, it is the elites who are the true barbarians among us.

Taking a cue from Walt Whitman, who thought his own 19th century America was waning, “We had best look our times and lands searchingly in the face, like a physician diagnosing some deep disease.”

If our civilization collapses, it won’t be because of an outside attack, like Bedouin charging in from the desert. It will be because of those among us who, like parasites, destroy us from within. Our civilization may collapse and it could be due to any number of factors—war, the economy, natural disasters—but the silent killer, the one that may get us in the end, is our own moral catastrophe.

The ultimate problem, therefore, is not interpersonal; it’s inner-personal. If our civilization is collapsing, it’s because something in each of us is collapsing. And we need to rebuild ourselves first, brick by brick, if we are to have a chance of rebuilding ourselves together.
 

marsh

On TB every waking moment

The Golden Road To Samarkand

WEDNESDAY, SEP 28, 2022 - 06:40 PM
Authored by Tamir Tehari via The Gatestone Institute,

But what is it for? This is the question that the media in Russia, China, Iran and half a dozen countries were posing all last week in the wake of a summit in Samarkand that brought their leaders together as members or aspiring members of the Shanghai Cooperation Organisation (SCO).

The Russian media, echoing President Vladimir Putin's speech at the summit, say the SCO is designed to end "the unipolar world "by creating a "multipolar system".

The Chinese media offer a different version.

The SCO is meant to offer a new political system for the whole world as an alternative to the Western democratic model.

To the Islamic media in Tehran, celebrating the Islamic Republic's admission to the club after 11 years of supplication, the SCO is an extension of the "Resistance Front" created to contain and defeat the American "Great Satan."

A closer look, however, might show that the SCO is form without a clear content, an empty frame which different artists could project different fantasies.

The SCO was created in 1996 as the Shanghai Five bringing together China, Russia, Kyrgyzstan, Kazakhstan and Tajikistan together for two purposes:

Delineating China's borders with Russia and the three ex-Soviet republics.

Fighting "Islamic terrorism" which affected China in East Turkestan (Xinjiang), Russia in Chechnya, and Tajikistan in Kulyab and Kyrgyzstan in the Fergana Valley.

A quarter of a century later, neither of those goals has been achieved.

Russia's long border with China, which includes vast stretches of Chinese territory annexed by the Soviet Union in two border wars in the 1960s, remains undesignated. China has also failed to persuade Tajikistan to cede a chunk of land needed to widen the corridor Beijing has with Pakistan. (Beijing is now trying to 'buy' the Wakhan Corridor from Afghanistan for the same purpose.) Tajikistan and Kyrgyzstan also have failed to demarcate their borders. (The two neighbors fought a border war on the eve of the Samarkand summit.) At the same time, China has long maintained a claim on large chunks of Kazakhstan, which Russia annexed under the tsars.

Uzbekistan, another former Soviet republic, joined the group in 1997 to get help against terrorism led by the Islamic Liberation Party. But it, too, has complex irredentist problems with Tajikistan. In fact in ethnic and cultural terms, Samarkand, where the summit was held, is the largest Tajik city in the world. In exchange, the Kulyab area in Tajikistan has an Uzbek majority.

The SCO's identity as a club of queer fellows has been further emphasized by the admission of a host of new members all of whom have territorial disputes with each other. India has fought two border wars with China, losing large chunks of territory in Ladakh and Kashmir. It has also had four wars with its Pakistani neighbor, losing a chunk of land in Ran-e-Kuch but succeeding in splitting Pakistan by creating Bangladesh.

To make the club even more queer, other nations with troubles of their own are lined up for membership. These include Azerbaijan and Armenia, currently at war against one another; Nepal, torn between India and China; Sri Lanka, where the very word Chinese provokes intense hatred; Turkey, which is fighting Russian surrogates in Libya and Syria; Belarus, which has become an extension of Putinistan; and Mongolia. which cannot swallow the Chinese occupation of Inner Mongolia. Perhaps the only would-be member of the club without such impediments is Cambodia.

Casting himself as the leader of a new "pole", Putin has also spoken about inviting four Arab countries plus the Maldives to join the club.

Some Western commentators have dubbed the SCO "a new power bloc". That may be jumping the gun a bit. SCO members are more dependent on trade with the European Union, the US, Canada, Japan, South Korea and Australia than with each other.

In 2020, exchanges within the SCO orbit accounted for less than 15 percent of their total foreign trade.

To be sure, that could change because offering huge discounts, Russia, currently the largest producer of oil and gas in the world, is making a big entry into the two largest markets for energy, China and India. But that is happening at the expense of Iran and Iraq, which are also losing their Turkish market to Russia.

In any case, this new trend could create a neo-colonial relationship in which Russia exports raw material to China and imports manufactured goods and business services.

But even then the alliance of which Putin dreams won't be easy to shape because of deep cultural divides. Moscow has not forgotten the 1967 attack on its embassy in Beijing and over a decade of anti-Russian propaganda that followed. The fact that China's President Xi Jinping refused to endorse Russia's invasion of Ukraine punctured the balloon that Putin had hoped to float.

Putin had been careful not to mention Ukraine in Samarkand, in the hope that he could later claim to have received "full support" in private meetings with the leaders present.

That ploy failed when the Indian Prime Minister Narendra Modi shook a finger at Putin, saying "This war must end! This is no time for war!" Putin was forced to say he understood Modi's "concerns", and deceitfully promising to work for ending the war.

(An hour later, however, he told Russian TV that he didn't care how long the war might last!)

It would be good news if the SCO succeeds in persuading its members to resolve their territorial disputes and bury their hatchets. Sadly, however, the various members of this strange club seem to be motivated by different, often contradictory and seldom the best, motives.

The Samarkand club represents some 40 percent of the world's population and over 20 percent of the global GDP, not to mention four of the 9 nations with nuclear arsenals. Yet, it seems unlikely to become an anchor of stability in Eurasia; its members are more interested in petty schemes than grand ideas of peace and cooperation.

Their rhetoric reminds one of a character in James Elroy Flecker's 19th century play "The Golden Road to Samarkand", Ishak, a notorious black-marketeer, who tries to soft-soap the city's gate-keepers into admitting his caravan with these lines:

"We travel not for trafficking alone;
By hotter winds our fiery hearts are fanned:
For lust of knowing what should not be known,
We take the Golden Road to Samarkand."
 

marsh

On TB every waking moment

US Home Heating Costs Set To Surge 17%, Says Energy Group

WEDNESDAY, SEP 28, 2022 - 06:00 PM
Authored by Bryan Jung via The Epoch Times,

Winter is coming, and experts are predicting that it will be an expensive one for American households nationwide.

The average U.S. household heating bill is expected to increase by 17.2 percent this winter compared to last year, according to a forecast by the National Energy Assistance Directors Association (NEADA).

Families had already faced higher than average electric bills last winter due to inflation and this year provides no improvement.

NEADA assists state agencies under the Low Income Home Energy Assistance Program, (LIHEAP) in distributing federal assistance to help low-income families pay their utility bills.

The energy association expects that the average winter heating bill will increase from $1,025 to $1,202.

Heating prices have risen over the past two years to more than 35 percent, the highest rate increase in more than 10 years, according to NEADA data.

Lower-Income Households Will Struggle
The total cost of heating would increase from $127.9 billion to an estimated $149.9 billion, with lower-income households facing the brunt of the burden.

“The rise in home energy costs this winter will put millions of lower-income families [at] risk of falling behind on their energy bills and having no choice but to make difficult decisions between paying for food, medicine and rent,” said Mark Wolfe, executive director of NEADA.

“As a result, NEADA sent a letter last week to the Congressional Leadership asking for a supplemental increase in LIHEAP of $5 billion to cover the higher cost of home heating and cooling as a result of [an] increased number of summer heat waves,” Wolfe added.

Meanwhile, according to the U.S. Energy Information Administration’s (EIA) latest short-term energy outlook, American household electric bills are expected to increase 7.5 percent from last year.

Energy Prices Surge Worldwide
Global energy prices have been rising since the second half of 2021, as economies around the world recovered from the shock of the pandemic, leading to higher demand.

However, European and American green energy policies, combined with Russia’s invasion of Ukraine in February, have caused oil and natural gas prices to spike worldwide.

The war in Ukraine had disrupted supplies of natural gas from Russia to Europe, which relies on natural gas to power industry and heat and cool civilian homes.

Meanwhile, hot summers in the United States and the European Union had driven up electricity demand, causing energy prices to surge.

Increases in Cost of Natural Gas
While the United States is less dependent on natural gas for its energy needs, it still fuels about 37 percent of domestic electricity production, according to the EIA’s 2022 figures.

Natural gas costs are projected to increase 24 percent to $709, according to the NEADA.

Heating oil costs will jump an estimated 54 percent to $1,876.

Propane bills are forecast to rise by 15.2 to $1,828 this winter.

Winter heating costs for households using electricity will face a 6.9 percent jump to $1,328.

Those who use natural gas for heating will face a 34.3 percent increase to $952.

About 20 percent of American households reported missing or making a late payment on their utility bills in August, according to Bank of America (BofA).

Families with an income of $50,000 or less are the ones struggling the most with the higher energy costs.

BofA reported that Dallas and Houston had some of the highest utility bill hikes this summer, rising 23 percent from the same period last year.

The NEADA released similar findings last month that found that more than 20 million families were behind on their utility bills and owed a total of about $16 billion.

Regional utility companies like National Grid and Con Edison, have already signalled their intent to raise prices.

US Regional Utilities Plan to Raise Power Bills
Con Edison, one of the largest utility companies in the nation, provides energy for over 10 million people living in the New York City metropolitan area.

The power company said that utility bill increases are being driven mainly by “increases in the market cost of natural gas, which is volatile and also influences electric market costs,” and that other local electric and gas companies across the North East “are facing similar circumstances.”

“Con Edison is urging customers to take actions now that can help them manage costs this winter as market prices for electricity and natural gas are expected to be substantially higher,” said the utility in a recent statement.

The company explained that it “buys natural gas and electricity on the wholesale markets and uses a variety of strategies to stabilize pricing for customers.”

The average monthly natural gas bill in the NYC area will grow 32 percent, from $348 a year ago to $460.

Electricity costs will jump between 22 and 27 percent for residents from November 2022 through March 2023.

Con Ed explained that supply costs account for the majority of the price increases, which rose about $90, while delivery charges hit $22.

“Natural gas prices are up 33% from just one year ago. As Americans prepare to reach home heating season, this could be disastrous for working families and seniors on fixed incomes,” said Rep. Claudia Tenney, (R-NY) in a statement.

“The U.S. needs an all-of-the-above energy strategy that will drive down costs for consumers,” said Tenney.

National Grid of Massachusetts, announced last week that it would increase electricity rates by 64 percent from November through May 2023.

The average monthly bill for residents in that state will increase from $179 to $293, while hiking home heating and natural gas rates by at least 22 percent during that period.
 

marsh

On TB every waking moment

Iran Oil Workers Threaten To Strike If Government Doesn't End Crackdown

WEDNESDAY, SEP 28, 2022 - 03:20 PM
Submitted by OilPrice.com

Iranian oil industry contract workers have warned the government to end its crackdown on protesters or they will strike, a move that could cripple a key sector of the economy.

"We support the people's struggles against organized and everyday violence against women and against the poverty and hell that dominates the society,” the Organizing Council of Oil Contract Workers said on September 26.

Iran has been roiled by unrest that has spread to more than 80 cities and towns, including in the northwest, where 22-year-old Mahsa Amini lived before eyewitnesses and family said she was beaten -- and later died -- after being seized by the morality police in Tehran on September 13.

Labor protests in Iran also have been on the rise in recent months in response to declining living standards and state support as crippling Western sanctions wrack the economy.

The outrage over Amini's death also has reignited decades-old resentment at the treatment of women by Iran's religious leadership, including laws forcing women to wear Islamic scarves to cover their heads in public.

The Iran Human Rights Organization said on September 27 that at least 76 people have been killed in anti-government protests across Iran.
 

marsh

On TB every waking moment

Meta Disrupts Chinese Social Media Campaign To Stoke Division Ahead Of U.S. Mid-Term Elections​

WEDNESDAY, SEP 28, 2022 - 04:20 PM
Meta has said it disrupted a Chinese operation to try and influence the coming U.S. midterm elections.

The company said it dismantled the campaign, which "targeted users in the United States with political content in an apparent effort to polarize voters", according to reporting by The Epoch Times.

The report says that China maintained fake accounts across both Facebook and Instagram - and also Twitter. The influence campaign began in November 2021 but didn't gain any engagement, the report says.

The discovery "suggests a shift toward more direct interference in U.S. domestic politics from China", the report reads.

Meta global threat intelligence lead Ben Nimmo commented: “The Chinese operations we’ve taken down before talked primarily about America to the world, primarily in South Asia, not to Americans about themselves. Essentially the message was ‘America bad, China good.”


The operation targeted both the left and the right in the U.S., and ultimately sought to sow division on hotbutton issues like abortion and the war in Ukraine.

One cluster of accounts posted memes that accused President Biden of corruption, while others posted critiques of the Republican Party for its stance on similar issues.

Politicians like Marco Rubio, Rick Scott and Ted Cruz were targeted personally, as was Florida governor Ron DeSantis.

All told, the operation wasn't extremely sophisticated, the report says. In addition to failing to garner much engagement, some accounts posted in Chinese, while others used photographs of men on accounts with womens' names.

Meta has said it doesn't have enough evidence to say who, exactly in China, was behind the campaign.

You can read Meta's full report, called "Taking down coordinated inauthentic behavior from Russia and China", here.
 

marsh

On TB every waking moment

Janet Yellen Is Disturbingly Serious About Tax Hikes​

WEDNESDAY, SEP 28, 2022 - 04:40 PM
Authored by Bruce Thompson via RealClearMarkets.com,

Treasury Secretary Yellen has been out on the campaign trail, calling for higher taxes on individuals and US companies. The Secretary thinks the government needs to collect more taxes, even though her own Department just reported that federal tax collections are at record high levels.

According to the Treasury Department’s monthly budget report, total federal tax receipts in the first eleven months of fiscal 2022 totaled $4.4 trillion, an increase of $823 billion, or 23%, over the same period last year. Total federal taxes are on track to reach nearly $5 trillion, an incredible 45% increase in the last two years. Taxes as a percent of GDP will reach 19.6%, the second-highest level since World War II.

Treasury also reported that corporate tax receipts are projected to reach $404 billion, the highest level ever, and nearly twice as much as the amount collected in 2020. Corporate taxes as a percent of GDP are now 1.7%, equal to the modern average (2000-2016) and higher than the 40-year average (1980-2020).

Even with taxes soaring, the Treasury Secretary wants to increase the US corporate tax rate to the highest rate in the developed world. Under her plan, the combined average federal-state tax rate would be 32.8%, 40% higher than the average OECD rate of 23.4%, putting US companies at a significant competitive disadvantage against their leading competitors.

The new U.S. tax rate would also be much higher than China’s top rate of 25%.

Numerous studies have shown that raising the corporate tax rate would be harmful to economic growth, resulting in higher prices, lower wages, and fewer jobs.

Washington does not need more tax revenue to spend. Higher taxes are the last thing we need with inflation soaring and the economy slowing.
 

marsh

On TB every waking moment

Medvedev Says US, NATO Won't Intervene If Russia Uses Nuke

WEDNESDAY, SEP 28, 2022 - 02:00 PM
Authored by Dave DeCamp via AntiWar.com,

Russian Security Council Deputy Chairman Dmitry Medvedev on Tuesday said he doesn’t believe the US and NATO would intervene if Russia launched a nuclear strike in Ukraine over fears of a "nuclear apocalypse" despite recent comments from US officials.

Medvedev, a former Russian president, also reiterated that Moscow believes it has the right to use nuclear weapons if Russia’s existence is threatened.

"Let’s imagine that Russia is forced to use its most formidable weapons against the Ukrainian regime, which has committed a large-scale act of aggression that is endangering the very existence of our state. I believe that NATO will not directly interfere in the conflict even in this scenario," Medvedev wrote on Telegram.

Via AP
The former Russian president said that the supplying of weapons to Ukraine was just a "business" for the Western powers and that their security is much more important than "the fate of a dying Ukraine."

He said US and European "demagogues are not going to die in a nuclear apocalypse. That is why they will swallow the use of any weapon in the current conflict."

Addressing the recent warnings from Russian President Vladimir Putin and other officials, Medvedev said Moscow’s position on nuclear weapons is "not a bluff."

Putin warned last week that Russia could use nuclear weapons to defend its "territorial integrity," and Russian territory is set to expand into Ukraine.

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Referendums on joining Russia concluded Tuesday in the breakaway Donbas republics of Luhansk and Donetsk and in the Kherson and Zaporizhzhia regions of Ukraine. Russian-installed authorities reported overwhelming support for joining Russia, and Russian lawmakers are expected to move quickly to annex the territories.
 

marsh

On TB every waking moment

Biden Draining SPR Like "Campaign Credit Card" For Midterms​

WEDNESDAY, SEP 28, 2022 - 12:25 PM
President Biden's reckless draining of the US Strategic Petroleum Reserve is nothing more than an election-year gimmick akin to using a 'credit card' to buy votes, according to Tim Stewart, president of the US Oil and Gas Association.

According to data from the Department of Energy, stocks of crude oil in the SPR hit their lowest levels since 1984 for the week ending Sept. 16.



"This is the first time in history, honestly, that the Strategic Petroleum Reserve has been used as a campaign credit card to buy down political risk for the midterms," Stewart told Just the News.

"Let me put it in perspective if I could," he continued. "At the current rate, the U.S. is selling more oil out of its emergency reserves than the production of most medium-sized OPEC countries like Algeria or Angola.

We're selling twice as much per day than we're producing out of Alaska. That puts us somewhere between Exxon and Conoco in terms of ... the impact we're having on the daily supply — and this is happening without new oil going into replace it."

Tim Stewart says Biden is using oil reserve like a ‘campaign credit card’ ahead of midterms 1:37 min

The conversation then turned to 'energy expert' Hunter Biden, who host John Solomon asked for Stewart's reaction to "the idea that the president's son ... could be working behind the scenes quietly to take our great energy wealth, send it over to China, while the boss, the president, the 'Big Guy' that they refer to in the documents, he's trying to lower our reliance [on fossil fuels] and keep us from using our energy wealth here."

Stewart, who noted that the oil and gas trading industry is "very, very complex," replied: "I've been in this business for 25 years or so. And I can tell you, I am no more qualified to be a trader or a broker than an influence-peddling son of a former vice president. [Hunter Biden] had nothing to offer except for access, and access to his father, who in turn could make a call. And that's really what's wrong with Washington right now. And that is why this story is so so troubling to many of us."

Stewart decried the "sheer hypocrisy" of Joe Biden "spending decades beating up on the oil and gas industry, profiting by it for that four years when he's not in public office, and then coming back in and trying to to hamstring and to kneecap our industry again." -JTN

Watch:

Tim Stewart says Hunter Biden/China deal embodies ‘everything wrong with Washington D.C.’ 1:43 min
 

marsh

On TB every waking moment
(UK)

The Other Reason The BOE Panicked: 26% Of All UK Mortgages Are Variable Rate And Set For Imminent Repricing​

WEDNESDAY, SEP 28, 2022 - 12:05 PM

Earlier today, we described the main reason why the BOE panicked - which, with billions in pensions set to suffer catastrophic losses absent an intervention, perhaps merited the latest central bank bailout. There is another reason why the central bank stepped in.

It's not just the US where housing affordability is the worst in history: in a note from DB's Jim Reid, the bank's head of thematic strategist writes that the bank's UK Homebuilding equity research team pushed out some fascinating insights into what the recent UK issues could do to housing affordability.

The note served for Reid's latest Chart of the Day, and shows the ratio of UK mortgage payments to take home pay. The colored lines and numbers look at where this would go if you moved rates up in 50bp increments, relative to the last published version of this chart which used an average new mortgage rate of 1.9% in Q2.

For reference, Lloyds Bank were offering a 2yr fixed rate last night at 4.95%, assuming a 60-75% loan-to-value ratio, which goes up to 5.29% for 90-95% loan-to-value.

So at these levels, this would send affordability to worse levels than that seen during the GFC and within a couple of percentage points of the peak in the late 1980s/early 90s when the UK saw a savage house price crash. The report (available to pro subscribers ) also shows that in aggregate, we’re already around those levels for London.



Of course, not every mortgage needs to be refinanced today so these rates have time to change before most refinance. However, unlike the US where a 30-year fixed market dominates, the FCA suggested in August that 26% of the total outstanding UK mortgages are variable rate and thus dependent on where the BoE’s bank rate is. It is currently 2.25% but markets are now pricing in a terminal rate above 6% which would be a huge shock if it got close to happening over the next 6-9 months as is priced in.

74% of mortgages are fixed (mostly between 1-2%), and half of these will need to be refinanced within the next 2 years, with half at a fixed rate beyond 2 years (but rarely beyond 5 years).

So 26% of mortgage payments are at risk of imminent increases, 37% at risk over the next two years if rates don’t rapidly fall, and 37% can ride out this storm for a few more years.


As Reid concludes, while much can change very quickly in politics and markets, if markets are correct, "the UK housing market is in for a huge amount of pain ahead," unless the BOE were to somehow monetize all the upcoming debt issuance and sends rates back to zero.
 

marsh

On TB every waking moment

8th EU Sanctions, Oil Price Cap Will "Make Kremlin Pay" For 'Sham' Referendums: Von Der Leyen

WEDNESDAY, SEP 28, 2022 - 11:45 AM

European Commission president Ursula von der Leyen on Wednesday touted that newly prepared EU sanctions will "make the Kremlin pay" for conducting its "sham" referendums in occupied Ukraine. Russian media the evening prior declared a sweep in favor of four regions joining the Russian Federation - including Donetsk, Luhansk, Kherson and Zaporizhzhia. President Putin is expected to announce their integration into Russia in a Friday speech.

"We do not accept the sham referenda and any kind of annexation in Ukraine, and we are determined to make the Kremlin pay for this further escalation," von der Leyen told a scheduled press briefing in Brussels.

She announced a proposed eighth round of sanctions in a package that includes an expanded ban on Russian products and key technology, particularly out of Russia's aviation, electronics, and chemical products sectors.
The new package when implemented is "expected to deprive Moscow of an additional 7 billion euros ($6.7 billion) in revenues," according to the EC chief's announcement.

Sept.28 press briefing in Brussels on Ukraine conflict and Russia sanctions.
The new package also includes a range of targeted sanctions on Russian ministry and military officials, including officials responsible for organizing the Ukraine referendums. Additionally, EU nationals will be barred from having high-paying roles in Russian state-owned companies.

Perhaps more important, and controversial given the fresh sanctions would need unanimous approval by the EU’s 27 member states before implementation, is the oil price cap. Currently, partial prohibitions targeting Russian crude will kick in on December 5th. Though it doesn't extend directly to shipping, a June sanctions package saw EU countries agree to block European companies from providing insurance and financial services for Russia's seaborne oil.

In the Wednesday announcement, von der Leyen previewed, "We are laying the legal basis for this oil price cap." This as Bloomberg is confirming this would include "a price cap for Russian oil sold to third countries." But therein lies the biggest hurdle towards its passage as member states like Hungary have long warned that dramatic changes in its predictable energy supply levels received from Gazprom would put Hungary's entire economy at risk.

As Bloomberg observed last week, when the price cap plan again came into central focus amid Putin's 'partial mobilization' and escalation in Ukraine: "Representatives of national governments in Brussels will aim to reach a preliminary deal on the price cap ahead of an informal gathering of EU leaders in Prague on Oct. 6, the people said. But one of the biggest question marks will be Hungary, which has often played the spoiler when unanimous decisions are needed in the EU."

In response to the European Commission's eighth sanctions package rollout announcement, the Biden administration says it is prepared once again to partner in imposing "severe economic costs on Russia over its sham referendums," according to the words of the Head of the Office of Sanctions Coordination Jim O'Brien.
 

marsh

On TB every waking moment
View: https://www.youtube.com/watch?v=Oocrz8EoNaY
10:08 min

Bank Of England Is In Real Trouble ( Get Ready United States )​


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

The Economic Ninja

Bank Of England Is In Real Trouble ( Get Ready United States ). The BOE today started quantitative easing ( QE ) instead of quantitative tightening ( QT ) as their pound continues to fall in value.

^^^^^

Futures Rebound From 2022 Low After Bank Of England Panics, Restarts Unlimited QE

WEDNESDAY, SEP 28, 2022 - 04:53 AM

With everything biw breaking, including an explosive move in bond yields in the UK, 10Y yields rising above 4.00%, and Apple "suddenly" realizing there was not enough demand for the latest iteration of its iPhone 5, it was only a matter of time before some central bank somewhere capitulated and pivoted back to QE, and this morning that's precisely what happened when the BOE delayed the launch of QT and restarted QE "on whatever scale is necessary" on a "temporary and targeted" (lol) basis to restore order, which sent UK bond surging (and yields tumbling the most on record going back to 1996 erasing an earlier jump to the the highest since 1998)...

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... the pound first surged before falling back as traders realized the UK now has both rate hikes and QE at the same time, the dollar sliding then spiking, the 10Y US TSY yield dipping from 4.00%, the highest level since 1998, and stock futures spiking from fresh 2022 lows, but then fizzling as traders now demand a similar end to QT/restart of QE from the Fed or else they will similarly break the market.


Needless to say, the BOE has opened up the tap on coming central bank pivots, and while the market may be slow to grasp it, risk is cheap here with a similar QE restarted by the Fed just weeks if not days away. Indeed, look no further than the tumbling odds of a November 75bps rate hike as confirmation.



As if the BOE's pivot wasn't enough, there was also a barrage of company specific news: in premarket trading, the world's biggest company, Apple tumbled 3.9% after a Bloomberg report said the company was likely to ditch its iPhone production boost, citing people familiar with the matter. Shares of suppliers to Apple also fell in premarket trading after the report, with Micron Technology (MU US) down -1.9%, Qualcomm (QCOM US) -1.8%, Skyworks Solutions (SWKS US) -1.6%. Other notable premarket movers:
  • Biogen shares surged as much as 71% in US premarket trading, with the drugmaker on track for its biggest gain since its 1991 IPO if the move holds, as analysts lauded results of an Alzheimer’s drug study with partner Eisai.
  • Lockheed drops as much as 2.3% in premarket trading as it was downgraded to underweight at Wells Fargo, which is taking a more cautious view on the defense sector on a likely difficult US budget environment into 2023.
  • Mind Medicine slid 35% in premarket trading after an offering of shares priced at $4.25 apiece, representing a 31% discount to last close.
  • Watch insurers, utilities and travel stocks as Hurricane Ian comes closer to making landfall on Florida’s Gulf coast.
  • Keep an eye on southeastern US utilities including NextEra Energy (NEE US), Entergy (ETR US), Duke Energy (DUK US), insurers like AIG (AIG US), Chubb (CB US), as well as airline stocks
  • Netflix (NFLX US) was raised to overweight from neutral at Atlantic Equities, the latest in a slew of brokers to turn bullish on the outlook for the streaming giant’s new ad- supported tier, though the stock was little changed in premarket trading
In other news, Hurricane Ian became a dangerous Category 4 storm as it roars toward Florida, threatening to batter the Gulf Coast with devastating wind gusts and floods.

European stocks dropped for a fifth day as Citigroup strategists said investors are abandoning the region at levels last seen during the euro area debt crisis.

Miners underperformed as the strong dollar and concerns about demand for raw materials sent commodity prices to the lowest level since January. Retail stocks slumped, with the sector underperforming declines for the broader Stoxx 600, as concerns mount about a consumer spending crunch. UK retail stocks are particularly weak amid Britain’s market meltdown and after online clothing retailer Boohoo issued a profit warning. Boohoo cut its guidance for the year, with soaring energy and food bills stopping consumers from splashing out on clothes and shoes; peers including Asos (-7.5%) and Zalando (-3.5%) sank. Here are the biggest European movers:
  • Roche gains as much as 6.5% in early trading, most since March 2020 after Eisai and partner Biogen said their drug significantly slowed Alzheimer’s disease. Roche partner MorphoSys rises as much as 22%. BioArctic jumps as much as 171% in Wednesday trading, its biggest intraday rise since 2018; the Swedish biopharma company is a partner of Eisai
  • Sanofi shares rise as much as 2.2% after saying it sees currency impact of approximately 10%-11% on 3Q sales, according to statement.
  • Burberry rises as much as 4.5% as analysts welcome the appointment of Daniel Lee, formerly of Bottega Veneta, to succeed Riccardo Tisci as creative director at the luxury designer.
  • Retail stocks slide, with the sector underperforming declines for the broader Stoxx 600, as concerns mount about a consumer spending crunch. Boohoo slumped as much as 18% after cutting its guidance for the year, with soaring energy and food bills stopping consumers from splashing out on clothes and shoes; peers fell, with Asos down as much as 9.4% and Zalando -4.3%.
  • Financial sectors including banks, real estate and insurance were the worst performers in Europe on Wednesday as hawkish comments from Fed officials stoked concerns over the economic outlook. HSBC fell as much as 5.3%, Barclays 6%, and insurer Aviva 7.9%
  • Norway unveiled a plan to tap power and fish companies for 33 billion kroner ($3 billion) a year to cover ballooning budget expenditures, sending salmon farmers’ stocks falling. Salmar down as much as 30%, Leroy Seafood dropped as much as 26%, and Mowi slid as much as 21%
  • Truecaller, which offers an app to block unwanted phone calls, falls as much as 23% in Stockholm after short seller Viceroy Research says it’s betting against the stock.
Adding to concerns, Deutsche Bank CEO Christian Sewing predicted a severe downturn in the lender’s home region and said the volatility whipsawing markets will continue for another year as central banks tighten rates to fight inflation, while ECB President Christine Lagarde said borrowing costs will be raised at the next “several meetings,” with several Governing Council members favoring a 75 basis point hike in October.

Meanwhile, natural gas prices in Europe surged after Russia said it may cut off supplies via Ukraine and the German Navy was deployed to investigate the suspected sabotage to the Nord Stream pipelines. Putin moved to annex a large chunk of Ukrainian territory amid a string of military setbacks in its seven-month-old invasion.

Asian shares also fell: Japanese equities slumped after the latest hawkish comments from Fed officials on raising interest rates in order to bring inflation down. The Topix fell 1% to close at 1,855.15, while the Nikkei declined 1.5% to 26,173.98. Toyota Motor Corp. contributed the most to the Topix decline, decreasing 1.6%. Out of 2,169 stocks in the index, 943 rose and 1,137 fell, while 89 were unchanged. “From here on, U.S. CPI inflation will be the most important factor,” said Kiyoshi Ishigane, chief fund manager at Mitsubishi UFJ Kokusai Asset Management. “Now that the FOMC meeting is over, we will be getting a good amount of statements from Fed officials, and wondering what kind of statements will come out.”

Key equity gauges in India posted their longest stretch of declines in more than three months, as investors continued to sell stocks across global markets on worries over economic growth. The S&P BSE Sensex dropped 0.9% to 56,598.28 in Mumbai, while the NSE Nifty 50 Index fell by an equal measure. The indexes posted their sixth-consecutive decline, the worst losing streak since mid-June. Fourteen of the 19 sector sub-indexes compiled by BSE Ltd. declined. Metals and banking stocks were the worst performers. Healthcare and software firms gained. Reliance Industries and HDFC Bank contributed the most to the Sensex’s decline. Reliance Industries has erased its gain for the year and is headed for its lowest close since March. Out of 30 shares in the Sensex index, 12 rose, while 18 fell

See website for rest of article
 

marsh

On TB every waking moment
View: https://www.youtube.com/watch?v=5halx_EXMGo
36:38 min
(starts at 2 min)

Special Agenda Dialogue on the Future of the Global Economy​

Streamed live 15 hours ago

AMLnZu9xjNawITaubcbG9i85j9zF5DK6fHAkDKvM8cuZI2k=s88-c-k-c0x00ffffff-no-rj

World Economic Forum

The prospects for the global economy have dimmed according to the results of our latest survey of chief economists. Inflation surged to levels not seen in a generation in response to a combination of demand-side and supply-side factors. This in turn has triggered a sharp tightening of monetary policy in many countries, including the US, threatening to choke off global growth.

Meanwhile, real wages and consumer confidence are in freefall, adding further headwinds to growth and raising the prospect of social unrest. How can we navigate the storm without sinking the ship? Please join this briefing on the Future of the Global Economy with chief economists from different regions to hear their take on the global economic outlook.
 

marsh

On TB every waking moment
(Czech Republic)
Czech Republic, Prague, Sep 28, 2022, Massive anti-government protest in Prague today against the EU .36 min

CZECH REPUBLIC, PRAGUE, SEP 28, 2022, MASSIVE ANTI-GOVERNMENT PROTEST IN PRAGUE TODAY AGAINST THE EU​

Massive anti-government protest in Prague today against the energy crisis, the EU and NATO. The people want the government to stop the sanctions against Russia and put the Czech Republic first!

^^^^
Thousands of people in Prague against the EU/NATO. They want to end the sanctions against Russia! .39 min

THOUSANDS OF PEOPLE IN PRAGUE AGAINST THE EU/NATO. THEY WANT TO END THE SANCTIONS AGAINST RUSSIA!​

^^^^^
(Germany)
München, Germany, 28.09.2022, Freedom Fighters! .44 min

MÜNCHEN, GERMANY, 28.09.2022, FREEDOM FIGHTERS!​

^^^^
Heidelberg, Germany, 28.09.2022 Freedom Fighters!!! .12 min

HEIDELBERG, GERMANY, 28.09.2022 FREEDOM FIGHTERS!!!​

^^^^^
Hannover, Germany, 28.09.2022 Freedom Fighters!! 1:22 min

HANNOVER, GERMANY, 28.09.2022 FREEDOM FIGHTERS!!​

 

marsh

On TB every waking moment
Safe and Effective: A Second Opinion (Premiered today) 55:24 min

SAFE AND EFFECTIVE: A SECOND OPINION (PREMIERED TODAY)​

Must-see documentary. Informative, hard-hitting and heart breaking.

Safe and Effective: A Second Opinion shines a light on Covid-19 vaccine injuries and bereavements, but also to takes an encompassing look at the systemic failings that appear to have enabled them. We look at leading analysis of pharmaceutical trials, the role of the MHRA in regulating these products, the role of the SAGE behavioural scientists in influencing policy and the role of the media and Big Tech companies in suppressing free and open debate on the subject.

Alternate site Premiered today from
View: https://www.youtube.com/watch?v=dIVZ5ssWB-o


Safe and Effective: A Second Opinion (2022) | Oracle Films | News Uncut
Premiered 11 hours ago

AMLnZu-K5feQx_OrMudzZ-ID4XyITI0q2qvDncWRIPGYyQ=s88-c-k-c0x00ffffff-no-rj

Oracle Films
If this video goes down, continue watching on
 

marsh

On TB every waking moment

Conservative AfD Now Strongest Party In Eastern Germany, Rises To 15% Nationally

WEDNESDAY, SEP 28, 2022 - 11:00 PM
Authored by John Cody via Remix News,

Could conservatives also one day score a breakthrough in German politics? The Alternative for Germany party — which has faced extreme political pressure, including threats to ban the party entirely — is seeing a surge in support, particularly in what was once formerly East Germany. According to polling firm Insa, it is now the strongest political party in that entire region of the country, which is home to over 16 million people.

If there were federal elections next Sunday, AfD would reach 27 percent in the eastern federal states, while CDU would follow with one point less. SPD and the Greens would only get 15 and 14 percent, respectively.

Since FDP only achieved 7 percent, only 36 percent would vote for the traffic-light parties there. The Left party would come in at 8 percent.

However, AfD is also trending higher in western Germany where AfD now averages 12 percent. CDU holds the lead at 28 percent, while the Greens (21), and SPD (19) are also in front of AfD. FDP (8) and Left (5) trail behind. In Lower Saxony, where elections will be held on Oct. 8, AfD reaches 9 percent, according to Infratest dimap, one of its lowest results for AfD of any German state.

A total of 15 percent of Germans would vote for AfD, with the party’s support rising a point compared to just a week ago. The conservative party is now just three points behind the Social Democrats (SPD), led by Chancellor Olaf Scholz, which now stands at 18 percent.

AfD has experienced a steady positive trend in polling over the last months, with the party serving as a vocal critic of the left-wing government’s sanctions policy against Russia. The party has also called for an opening of the Nord Stream 2 gas pipeline between Russia and Germany; however, such a policy is likely no longer possible for the foreseeable future following a suspected sabotage attack on the pipeline that will keep it offline for some time.

Specific cultural and economic factors have led AfD to be far more popular in the east of Germany than in the west. East Germans remain more skeptical of mass immigration and cultural trends from the West, but also tend to sympathize more with Russia. However, one of the greatest concerns in this region of Germany, which is driving popular support of AfD, is the current economic crisis, with inflation hitting east Germans far harder than those in the west of Germany due to the already lower incomes and poverty rates seen in the east.

The major parties in Germany have long said they would never form a coalition with AfD. However, the same cordon sanitaire applied to the Sweden Democrats (SD) in Sweden. And yet, after scoring over 20 percent of the vote earlier this month, SD has entered a power-sharing agreement that many in Swedish politics never thought would be possible.
 

marsh

On TB every waking moment
Forget the Blame Game — Nord Stream Sabotage Is About The Great Reset and NOTHING Else 18:21 min

Forget the Blame Game — Nord Stream Sabotage Is About The Great Reset and NOTHING Else​

The JD Rucker Show Published September 28, 2022

The story below by Kit Knightly at Off-Guardian comes out and says what a few have been thinking. And by "a few," I'll admit I'm very disappointed that the conclusion we're coming to is not being embraced by every single alternative or "fringe" media outlet. Whoever pulled the trigger to take out the Nord Stream pipelines did so on orders from the globalist elite cabal to push us even closer to The Great Reset.

This attack does three things on behalf of the globalist elites. The first two are obvious: It solidifies the energy crisis that was already brewing in Europe and thereby western society, and it stokes tensions between NATO and Russia. The third thing it does is not so obvious. This marks the escalation of attacks on energy infrastructure that have already been happening around the world but that have been grossly underreported. That means the powers-that-be are moving on to the next phase of their attacks. By coming out of the shadows and doing something that actually gets reported, they've thrown down the gauntlet. They're coming for us and they're daring us to try to stop them. Here's Kit...

^^^^

Forget the Blame Game — Nord Stream Sabotage Is About the Great Reset and NOTHING Else​

While everyone in media, both corporate and alternative, has been theorizing about who sabotaged the Nord Stream pipelines, what we should really be concerned about is what this means going forward.

by Kit Knightly
September 28, 2022
in Opinions

This attack does three things on behalf of the globalist elites. The first two are obvious: It solidifies the energy crisis that was already brewing in Europe and thereby western society, and it stokes tensions between NATO and Russia. The third thing it does is not so obvious. This marks the escalation of attacks on energy infrastructure that have already been happening around the world but that have been grossly underreported. That means the powers-that-be are moving on to the next phase of their attacks. By coming out of the shadows and doing something that actually gets reported, they’ve thrown down the gauntlet. They’re coming for us and they’re daring us to try to stop them. Here’s Kit…

Last night it was reported that “blasts” had damaged both Nord Stream pipelines that carry gas exported from Russia to Germany and other nations across northern Europe.

As a result, large amounts of natural gas were leaking into the Baltic sea, and supplies through the pipeline were completely shut off.

The alleged incident has caused a furious round of blame tennis, with accusations flying back and forth across what – for the sake of simplicity – we’ll call Iron Curtain 2.0.

The European Union has claimed the pipes were “sabotaged”, but doesn’t directly blame anyone in their statement. The Telegraph is already blaming actively the Russians, specifically Western Bogeyman President Vladimir Putin. Headlining “Why Putin would want to blow up Nord Stream 2, and the advantages it gives him”

On the flip side, the Russians have said the idea they would sabotage their own pipeline is “stupid.” Some Western alternate media have pointed to Joe Biden’s vow to totally shut down Nord Stream 2 back in February as a sign the US was behind the alleged attack.

The former Polish defence minister has come right out and said that NATO forces blew up the pipeline, according to Forbes. The question – one it seems I keep asking the last two years – is “does it really matter?”

Maybe the Americans blew it up. Maybe the Russians blew it up. Maybe someone else blew it up. Or maybe nobody blew it up, and the entire story is a fabrication.

Whatever the truth may be, the end result remains the same. Gas and electricity will be more expensive. There will be a huge push to turn to “renewables”, talk about “climate catastrophe”, and maybe even be energy rationing and/or blackouts.

People will freeze, starve and probably die this winter. That has always been part of the plan, what reason is there to think this “attack” is anything but more of the same?

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Everyone is abuzz with talk of who did what, and asking “Was it sabotage?”

But the simple answer to that is “yes, of course it was.”

No matter the exact specific details of the situation, the Nordstream explosion was definitely an act of sabotage.

The same sabotage we’ve been seeing for two years.

The sabotage of our entire way of life, by people who would profit both monetarily and politically from a sea-change in the way our society is structured.

The sabotage that leads to faking a pandemic, gutting our healthcare, locking us in our homes and ruining our businesses.

The sabotage of our economy, our society and our very bodies.

The sabotage of us, by them.
 
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