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FBI = Disinformation


René Magritte The seducer 1953
USA Today Headline: “A Tabloid Got A Trove Of Data On Hunter Biden From Rudy Giuliani. Now, The FBI Is Probing A Possible Disinformation Campaign

(The FBI is examining whether the material supplied to the New York Post by Rudy Giuliani is part of a disinformation campaign by Russia.)”

Seeing that makes me think: with Comey, Strzok, Lisa Page, McCabe et al gone, who initiates and approves such “examinations”? The aforementioned were all involved in setting up the Special Counsel led by former FBI chief Robert Mueller, and that was the most embarrassing episode in the Bureau’s history. Which is saying something given J. Edgar’s penchant for dressing up in women’s clothing.

The Mueller probe was all predicated on vague and unproven Russian “disinformation”, and it fittingly ended with it too. With absolutely nothing coming out of the probe, that was based on the Steele Dossier which the protagonists knew was false even before the probe started, Mueller and his right-hand Andrew Weismann in the end had nothing left but “13 Russians” and Julian Assange to “justify” their $30 million, 2 year “effort”.

The only people they could lay any -always unproven- blame or suspicion on were those who could not defend themselves against false accusations. And when Concord Management unexpectedly did raise a defense, Mueller was shut down by a US judge in no time. It’s pathetic. Mueller’s a liar and a coward, as I’ve said a dozen times now. He should be exiled to Mars.

But what’s worse than his reputation having been destroyed, is that he and his pals hammered the FBI’s reputation as well. So when I read in October 2020 that “The FBI Is Probing A Possible Disinformation Campaign by Russia”, I’m obliged to ask: where does that come from?

…click on the above link to read the rest of the article…

Julian Assange and the Conservative Press


Rembrandt van RIjn A Woman Standing with a Candle c.1631
To be honest, I didn’t think it would ever happen, even though it’s been so obvious for so long. But all of a sudden, the conservative voices questioning the Russia collusion narrative and all the investigations that followed from it, are finally figuring out that those behind that narrative and all that resulted from it, are the same people who have been chasing down Julian Assange for many years.

And that to get to the bottom of the hunt for Trump by the DNC, Clinton campaign, US intelligence and last but not least the media in their pockets, the NYT, WaPo, MSNBC, CNN et al, they will have to take a much closer look at what happened to Assange. If they don’t they will never understand. How do we know it’s starting to dawn on them? Look at this illustration at the Last Refuge site yesterday. More on them later.

Note: the mostly left wing Assange supporters would do good to consider the same thing: they in turn must look into the RussiaRussia Trump collusion stories, much as they may not like the president. Because those stories are why Assange has been chased down like so much roadkill. And because the right win of America is their best chance at getting him pardoned/released. The enemy of my enemy is my friend, to put it bluntly. Sometimes you need blunt.

As I’ve pointed out countless times, the Mueller investigation of the Trump campaign -and presidency- may have come up glaringly empty, but the report they issued maintained that “13 Russians” and Julian Assange were responsible for hacking DNC emails. There is no proof of this, but since none of the “accused” can speak out, the report make the claim, and did.

…click on the above link to read the rest of the article…

They Only Serve Themselves


Caspar David Friedrich The Monk by the Sea c1809
“The Kremlin” poisoned their “fierce rival” Navalny with the infamous deadly agent novichok. That is the headline. Only, the German accusation in that direction doesn’t say novichok, its says a “cholinesterase inhibitor”, of which novichok is just one example, was used. The news outlets must be thinking that at least after the Skripal case, enough people will recognize the term, and let’s not confuse them.The Germans claim they have “unequivocal proof” (eindeutiger Beweis) for this. While the Russian doctors who initially treated Navalny after he fell ill on a flight from Tomsk to Omsk (or was that the other way around?!) said he showed zero signs of poisoning. But yeah, they’re Russians, so they can’t be trusted, right? They all squander their Hippocratic oaths at the feet of the great malevolent dictator Trump Putin. You’re familiar with the parable about “all Cretans lie”?

“Merkel spokesman Seibert said the German government will inform its partners in the European Union and NATO about the test results..” NATO? What do they have to do with anything? How does the alleged poisoning of a two-bit (2% in the polls) Russian “politician” link to NATO? Is Navalny himself linked to NATO? Where does NATO come in to the conversation? How much does the CIA pay Navalny anyway?

The thing, the problem, is that it makes no difference anymore even if this particular instance has a kernel of truth in it. Because there have been so many of them, and they’re all “based” on non-evidence, circumstantial “evidence”, stuff that you wouldn’t get a conviction on in any western court. For good reason.

…click on the above link to read the rest of the article…

What? Default? Where? Dollar?

What? Default? Where? Dollar?

It won’t come as a surprise to anyone that the first half of 2020 has brought, among many other things, renewed calls for the demise of the US dollar. It’s been pretty much a non-stop call for over a decade now, and longer. But this time, like all previous ones, I’m thinking: I don’t see it. I guess my first question is always: please explain why the dollar would collapse before the euro does.

For one thing, the dollar would have to collapse/default against one or more “entities”. The dollar is not like one of those highrises that collapse upon themselves. It will have to default or collapse against something(s) else. Since it is the world reserve currency, that means there would have to be a replacement reserve currency. Yes, that could also be for example gold or SDR’s, or even a basket of currencies, and something like that may happen eventually, but it doesn’t appear in the cards in the short run.

There are really only two candidates for the role, and neither looks at all fit to play it. The euro may have some ambitions in that direction, but it has far too many problems still. The yuan/renminbi certainly has such ambitions, but the Communist party refuses to let it get on stage to show what it’s got. As I recently wrote:

The main sticking point for Beijing is a conundrum it cannot solve. The CCP wants to have BOTH a global currency AND total control over that currency. It will have to choose between the two, and cannot make up its mind. So it pretends it doesn’t have to choose.

…click on the above link to read the rest of the article…

Lethal or Contagious

Lethal or Contagious

Gerry Cranham They all fall in the round I call 1963

There was this comment at the Automatic Earth yesterday that got me thinking. It was sort of wrapped in a bit of -more- innuendo about health officials not getting the results they were looking for in COVID19 numbers, as if the whole virus event is some goal-seeked conspiracy. You’ll be familiar with it by now.

I said back in the day that measures like lockdowns can’t last long, because people are social animals. You would just have hoped that when they were finally, far too late, decided upon, that countries, states, communities, would have made the best of them. But it’s been, and more importantly will be, an awful mess, other than in a few places.

And I did say that too, that the so-called leadership in the world today is good at declaring a lockdown, albeit too late, but not at anything else, not at timing it, not at executing it, let alone at managing the way out of it in reopening societies. It is all so predictable.

But people have been solidly dug into their trenches now, after 2 months, and they’ve done so much reading, and watching pundits, that they’re no longer looking for news, they’re looking for opinions, ones that match their own darkest notions. We’ve come to the point that if there’s nothing suspicious going on, then that’s mighty suspicious.

And there’s plenty of such opinions, and plenty among them that lay the blame for freedoms and livelihoods lost somewhere, anywhere. So yeah, in that sense it’s time to reopen, the mental health sense. But not, unfortunately, in the physical health sense. The virus is still prevalent in most communities and many a community will pay a steep price.

…click on the above link to read the rest of the article…

Weaponizing the Dollar

Weaponizing the Dollar

Saul Leiter Phone call c1957

Don’t worry, we’re still talking virus, just from a slightly different angle. I was going to do something completely different, but then I saw an article at the South China Morning Post (SCMP) today that made me think “I don’t think that’s true”, realizing that at the same time many people would think it is.

Foreign holdings of US Treasuries are a misty environment for perhaps not just many, but most people. What triggered the SCMP piece is Trump’s threat, if it was ever meant to be one, to default on US dollar-denominated debt owned by China. Which by one estimate consists for about 70% of Treasuries.

And there are entire choirs full of voices willing to tell us that China can simply start dumping the -estimated- $1.2 trillion in Treasuries it holds, and threaten if not end the USD reserve currency status that way, if the US doesn’t “behave”. There’s little doubt that China would want this, but that doesn’t make the idea any more realistic.

What should give that away is, how easy can we make it for you, that it hasn’t done so yet. And now a conflict over the origin of a virus would trigger this? On a side note: if that origin is somewhere in China, even if it’s unintentional, how could Beijing possibly “admit” to it? How could it ever settle the lawsuits that would ensue?

No, the US cannot default on China’s holdings of its Treasuries. That alone would be a larger threat to the reserve currency status than anything anybody else could do, other then nuclear war. But at the same time, China cannot dump its Treasury holdings. because that would hurt … China.

…click on the above link to read the rest of the article…

Why Lockdowns Work

Why Lockdowns Work

Steve Schapiro Muhammad Ali (Cassius Clay) with mini gloves, Louisville, KY 1963

There was another comment at the Automatic Earth yesterday questioning the function and wisdom of various lockdowns. I thought I’d explain this in more detail.

Ilargi if you or anyone else could explain what the exit strategy is from a lockdown I’d be interested in hearing it. As it is, this lockdown I repeat is no different than financial QE – everyone comes out weaker than they were before treatment. Financial QE covers up her problem just like lockdown does, but makes it worse in the long run. The only exit strategy I can see is to keep lockdown until a vaccine or effective treatment, neither of which are on the horizon.

If you are arguing that even healthy economies can survive indefinite closure, with intermittent re-openings I don’t know what to tell you. The suggestion is made that Sweden has a huge vested interest in understating fatalities. It is also certainly true that the rest of the world has an even greater vested interest in criticizing the Swedish approach because it demonstrates how useless the total lockdowns are. BTW the reported differences in fatalities between Sweden and the rest of Scandinavia are not statistically significant. Playing with numbers and not understanding how things may not be as they seem.

First, let’s re-establish that no lockdown would have been needed if and when politicians and scientists had done what’s in their job descriptions. That does not mean that no lockdown was called for once they did fail. Indeed, it’s the failure to act at the very beginning, say January 31, when the WHO sent out its first warning, that made lockdowns inevitable.

…click on the above link to read the rest of the article…

Backwards into the Future

Backwards into the Future

Joseph-Désiré Court Le Masque 1843

No, I’m still not over the fact that they all initially missed the virus when they should have seen it most of all. The reasons why must be evaluated in every single location, in governments, CDC equivalents and obviously the WHO. A main reason is that they were all focusing on their economy, not the virus, -at least somewhat- ironically damaging their economies in the process.

I’m just afraid that you’re not going to prevent the next time, the next huge and deadly miss, as long as elections are popularity contests ultimately controlled by special interests. But at the same time, we’re past that first moment, which was somewhere in November or December (31st at the latest), and the next major threats loom.

After the Big Miss came the lockdowns, and as I said in Little Managers, that’s the one thing all these politicians may actually be somewhat good at. They stink at initial detection and reaction time, they stink at forward vision, but they can get people to stay home for a bit, and sell them that in the media.

They even get praised for it. Which is understandable, since their role is to set old ladies’ minds at ease, and most people, whatever age they are, have such minds, understandable but unfortunate, because 1) we’re about to leave the lockdowns phase as well and 2) they’re sure to screw up this one as royally as the first detection moment.

It would be good if everyone by now understood why lockdowns become inevitable after, but only after, initial detection has failed and the virus has been allowed to enter a society, if you face a highly contagious and deadly -to humans- virus that you don’t know anything about, but there are plenty people today who claim the lockdowns are what does the damage.

…click on the above link to read the rest of the article…

Little Managers

Little Managers

Steve Schapiro Muhammad Ali, Monopoly, Louisville, KY 1963

It’s funny how things go sometimes, how times roll -not just the good ones-. I said last week that all the world’s “leaders” had failed terribly, and I’m not taking that back. They all failed to a horrific extent at their no. 1 task when it comes to Disasters, Pandemics, whatever their respective governments file these events under: Prevention. But now we’re in a whole new world.

Now these failed leaders move into a situation they actually MAY be able to handle. That is, the -crisis- management that inevitably follows AFTER the failure at their no. 1 task of Prevention. They MAY be able to pull this off because it’s what they were trained to do: be little managers. You know them, because every company these days is full of them, and some will make it to biggest little manager status, through blind ambition and/or licking up to previous little managers. Some may even become government ministers. Core characteristic: these people don’t act, they re-act. Prevention is a job they’re absolutely not qualified for

Trump, Macron, BoJo, Merkel, Rutte, Xi, Abe, Conte, you name them, they’re all little managers, they’re not leaders, they have no ideas or visions, at least not original ones. People with original ideas don’t become politicians, not in the climate we have created since the 1950’s. The 20th century was poor anyway when it comes to vision, it was all about money, and no great vision has ever been derived from that.

The last century had Gandhi and Martin Luther King -and I would personally add Muhammad Ali-, and that combination says a lot about what we could have become vs what we have. In a way, the world chose money over itself. The 20th century was when Faust won, when humanity sold its soul. That it also sold its home, its planet, seems almost irrelevant compared to that.

…click on the above link to read the rest of the article…

The Virus is a Time Machine

The Virus is a Time Machine

Heinrich Hofmann Christ and the Rich Young Man  1889

Around mid-January I started including coronavirus news in the daily Automatic Earth “Debt Rattle” news aggregators, and wrote the first essay on the topic on January 29. Tons of people since have asked why, but I thought the virus had “potential”. Though not everybody would agree, I still think that. So the Debt Rattles are full of coronavirus these days.

For a proper understanding, we must remember that China was 4-5 weeks too late in reporting the disease, and after that the west was 4-5 weeks late in acting on the news. This happens simply because a politician who cries wolf will have a short career, and reporters, certainly today, follow that same model.

I explained 5 weeks ago why this happens the way it does in China in The Party and the Virus, but western countries’ political and media systems are structured very much the same way. Being early to warn does not help your job prospects. Unless you’re 100% sure, but then you won’t be alone and there’s nothing left to warn about. So might as well stay mum.

Until you must speak, and then you’re way behind, and you’ll be as wrong as you are late. Cast in stone. Bias “R” Us. But then, that’s why there’s the Automatic Earth. The Matrix is never perfectly sealed.

In the case of COVID19, the story is not about the numbers of cases or fatalities at any given point after two months and change, it’s about the disruption it will cause. We have a highly contagious virus that can cause death. That is all you need to know really. Feel free to claim that reactions and measures are over the hill, but no government has the option to say things are not all that bad and it’s business as usual.

…click on the above link to read the rest of the article…

The Party and the Virus

The Party and the Virus

What the future will bring for the 2019nCoV novel Wuhan coronavirus is still unclear. An epidemic it already is, but is it also a pandemic? Some 20 countries have reported infections, but it still could all fizzle out; 305 deaths can be forgotten by next week. Nobody can tell you how this will play out, not even the most experienced and/or smartest virologists and other experts.

Because there’s no telling what viruses will do, not even for them, and because while they have some idea about the infinitesimal size and lifespan of viruses, “ordinary” people have no grasp of either, and that includes managers, planners and politicians. Whether in the rich west or in “up and coming” China.

The timeline is quite literally terribly obvious. In early December -and it could have been even earlier-, it was obvious to doctors and Communist Party (CCP) politicians in Wuhan that something was wrong. But their painfully predictable reaction was to hope this would pass. Never a bad word should be uttered about the Party, and nothing said that could embarrass it.

December passed, as news was getting worse and more obvious due to a large number of “pneumonia” patients. Chinese doctors published an article in the Lancet this week (this week, 6 weeks after the fact!) saying human-to-human transmission had been established by mid-December.

But the code of silence was not broken, even when a man died from the virus on January 9. It took until mid-January before word got out, a full week later. By then millions of people had left and/or entered Wuhan, a city of 11 million, potentially infecting millions of other Chinese and perhaps people abroad. 5 million later left the city for Lunar New Year.

…click on the above link to read the rest of the article…

Assange and Auschwitz

Assange and Auschwitz

When I read that Angela Merkel visited Auschwitz this week (for the first time ever, curiously, after 14 years as Chancellor, and now it’s important?), my first thought was: she should have visited Julian Assange instead. I don’t even know why, it just popped into my head. And then reflecting on it afterwards, of course first I wondered if it’s acceptable to compare nazi victims to Assange in any way, shape or form.

There are many paths to argue it is not. He is not persecuted solely for being part of a group of people (we can’t really use “race” here). There are not millions like him who are being tortured and persecuted for the same reasons he is. There is no grand scheme to take out all like him. There is no major police or army force to execute any such scheme. These things are all obvious.

But I grew up in Holland, where unlike in Merkel’s Germany, the aftermath of WWII and the Holocaust was very much present. I looked it up, and it’s already almost 10 years ago that I wrote Miep Gies Died Today, in which I explained this. Miep Gies was a woman who worked for Anne Frank’s father Otto, helped hide the family in the annex, and after the war secured Anne’s diary (or we would never have known about it) and handed it to Otto Frank.

So accusing me of anti-semitism for comparing the Holocaust to what is being done to Assange is not going to work. Why then did Merkel never visit Auschwitz before this week, and when she did, said how important it is to German history? And why did she not visit Assange instead?

…click on the above link to read the rest of the article…

The Fed Detests Free Markets

The Fed Detests Free Markets

Paul Gauguin Tahitians at rest (unfinished) 1891

To be completely honest, I wrote -most of- the second part of this a while ago, and then I was thinking this first part should be part of the second, if you can still follow me. But it doesn’t really, it’s fine. I wanted to write something to address how little people know and acknowledge about how disastrous central bank policies have been for our societies and economies.

Because they don’t, and they have no clue, largely and simply because of the way central banks are presented both by themselves and by the financial press that covers them. Make that “covers”. Still, going forward, we will have no way to ignore the damage done. All the QE and ZIRP and NIRP will turn out to be so destructive for us all they will rival climate change or actual warfare. That’s what I wanted to talk about.

You see, free markets are a great idea in theory. Or you can call it “capitalism”, or combine the two and say “free market capitalism”. There’s very little wrong with it in theory. You have an enormous multitude of participants in an utterly complex web of transitions, too complex for the human mind to comprehend, and in the end that web figures out what values all sorts of things, and actions etc., have.

I don’t think capitalism in itself is a bad thing; what people don’t like is when it veers into neo-liberalism, when everything is for sale, when communities or their governments no longer own anything, when roads and hospitals and public services and everything that holds people together in a given setting is being sold off to the highest bidder. There are many things that have values other than monetary ones, and neo-liberalism denies that. Capitalism in itself, not so much.

…click on the above link to read the rest of the article…

Assange, Nitrogen, Pensions, Solomon

Assange, Nitrogen, Pensions, Solomon

Paul Gauguin Road in Tahiti 1891

I’m getting pissed off about multiple things right now, too many to make them all separate essays. Let’s give it a combined shot:

In Holland, the talk of the town is nitrogen emissions. I’d never seen it raised as that kind of problem, but there you go. The government last week decided to lower the max speed limit on highways to 100km (66miles) , from 120-130. Their reasoning was that this would allow the building industry to build more -by now hugely overpriced- homes and apartments.

Oh, but agriculture (aka cattle) is responsible for 46% of nitrogen emissions. So they have a plan to alter cattle feed (I am still serious here). I understand that neighbors Germany and Belgium have had nitrogen policies in place for years, so their cars can keep on pedaling to the metal because they don’t have a problem. Huh?

Also in Holland, big discussions about cuts to pensions. Which of course leads to big protests, which in turn makes the government make sure that cuts this year will be minimal. Okay, but how about next year? No comment. Holland is supposed to have one of the best pension systems on the planet, but they don’t get to escape the BIG erosion either.

Aging population, fewer contributors, lower wages, it’s happening everywhere. Our pension systems are Ponzi schemes. Every single penny you give a pensioner today is taken away from one tomorrow. The entire system is broke, we just don’t want to face that simple fact.

15 years ago, pensions systems were required by law to hold only AAA-denominated assets. Look at that today. They all have 7-8% in their prospectus, and bonds pay 1%, if that. Unless you gamble. So they have all moved into equities, which look fine because central banks prop them up, but the model itself has changed like Jekyll becames Hyde.

 …click on the above link to read the rest of the article…

Assange Is The Only One To Abide By The Law

Assange Is The Only One To Abide By The Law

Salvador Dali Self portrait  1921

On October 21 2019, Brexit became an entirely irrelevant issue. Or perhaps we should say it had already become that, but on that date it was exposed for all to see that it was. The parading into a courtroom of Julian Assange in London was all the evidence one could need that the UK government breaks its own laws as well as numerous international laws, with impunity. But that is not how the media reported on it, if it did at all.

And so, the core issue behind Brexit, i.e. who makes Britain’s laws, turned to nothing. If your government breaks its own laws all the time, what does it matter where those laws are made? They are meaningless anyway. Whether they come from Brussels or London make no difference if the government and judicial system don’t abide by them. Those million men marches for a Final Say look totally ridiculous once that reality sinks in.

I can’t get the picture of Julian Assange as he looked on Monday out of my head. I’ve written so much about him, tried so hard to find support for him, and now to see him withered away and perhaps not strong enough to see the end of his own extradition hearing is heartbreaking. So let’s go through the whole thing again; it’s not like I could write about anything else right now. I was thinking again yesterday about a song I used in an earlier article about Julian, I Fought the Law.

That is how the vast majority of people will see his case, that he fought the law and the law caught up with him. But that’s not at all what’s been happening. 

 …click on the above link to read the rest of the article…

Olduvai IV: Courage
In progress...

Olduvai II: Exodus
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