Let There Be Light: The Documentary The Army Suppressed

Authored by Chris Calton via The Mises Institute,

At the end of the second World War, filmmaker John Huston got a commission from the US Army to produce a documentary of new treatments for psychiatric casualties of the war. This occurred when experimental treatments such as hypnosis or injections of sodium pentothal were being introduced into psychiatric therapy. The army wanted to produce the film to show off these promising new treatments, rather than to illustrate the psychological trauma of soldiers due to what we now recognize as Post Traumatic Stress Disorder.

Huston titled his film Let There Be Light, and it opened with a statistic that likely would have shocked the American public:

“About 20% of all battle casualties in the American Army during World War II were of a neuropsychiatric nature.”

This statistic is followed by a brief explanation of the film’s intended purpose:

“The special treatment methods shown in this film, such as hypnosis and narco-synthesis, have been particularly successful in acute cases, such as battle neurosis. Equal success is not to be expected when dealing with peacetime neuroses which are usually of a chronic nature.”

Even though the psychiatric profession was still years away from naming PTSD, the idea of “battle neurosis” wasn’t exactly new. In World War I, soldiers called it “shell shock.” In the first edition of the Diagnostic and Statistical Manual of Mental Disorders, the term “gross stress reaction” was defined similarly to what the third edition would refer to, not yet hyphenated, as “posttraumatic stress disorder.” But to the wider public, Huston’s “battle neurosis” did not enjoy the ubiquitous acknowledgement that PTSD receives today.

Thus, even though the film was intended to optimistically showcase the new treatments that had not been available to soldiers of previous wars, the initial viewings proved that the audience takeaway was not so positive. Huston unintentionally followed in the footsteps of Upton Sinclair. In writing The Jungle in 1904, Sinclair described the horrid (and fictionalized) conditions of the Chicago meatpacking industry, hoping to inform the American public about the worker’s plight. Instead, he only generated concern about the meat readers were eating, prompting him to famously say “I aimed at the public’s heart, and by accident I hit it in the stomach.” Huston’s Let There Be Light similarly missed its mark. Instead of documenting the uplifting trend of new treatments for psychiatric casualties of war, he exposed the horrible reality of psychiatric trauma that war imposed on soldiers.

Huston spent two months filming the documentary in the Mason General Hospital. He used “long takes” to film the documentary, making it clear that the soldiers’ recounted experience was not deceptively edited. The soldiers housed at Mason General were, as the documentary’s narrator describes them,

the casualties of the spirit, the troubled in mind. Men who are damaged emotionally. Born and bred in peace, educated to hate war, they were overnight plunged into sudden and terrible situations. Every man has his breaking point. And these, in the fulfillment of their duties as soldiers were forced beyond the limit of human endurance. . . .

Here are men who tremble, men who cannot sleep. Men with pains that are nonetheless real because they are of mental origin. Men who cannot remember. Paralyzed men whose paralysis is dictated by the mind. However different the symptoms, these things they have in common: unceasing fear and apprehension, a sense of impending disaster, a feeling of hopelessness and utter isolation.

For many non-combatants who were aware of the physical injuries of war, this was a new kind of suffering.

But the dramatic narration is not what made the documentary so concerning. The first interview shows a mumbling soldier, smoking a cigarette and never making eye-contact, relating his near-death experience. When the psychiatrist asks “where were you when the planes came over,” the soldier answers, “I was in a hole.” Then he looks up, as if at the planes that had been in the sky at the time, prompting the doctor to ask, “Do you know where you are?” Other soldiers cried as they related their experiences. This was not the portrait of the American soldier that the United States government had been advertising to the public.

The first soldier treated in the film was paralyzed, but with no physical injury to explain it. The narrator explains that he is suffering from a “conversion hysteria,” as he is carried in to the room by two orderlies who have each of his arms draped over their shoulders. His paralysis is, the documentary explains, “purely psychological.” The doctor treated the soldier with Pentothal, experimental and new at the time of the film, while a psychiatrist talked to him about his battlefield experience. The treatment worked, and the soldier walked, though the narrator qualifies the scene by saying that “the fact that he can walk now does not mean that his neurosis has been cured.” Instead of providing audiences with good feelings about the new treatment methods, the scene compelled people to ask what horrors, exactly, were young men going through to trigger psychosomatic paralysis in the first place?

Another soldier suffered from amnesia. The narrator explains, “This man does not even remember his own name. A shell burst in Okinawa wiped out his memory. The experience was unendurable to his conscious mind, which rejected it, and along with it, his entire past.” This time, the doctor treated him with hypnosis, another experimental treatment that some psychiatrists had recently started to employ. After putting the soldier into a hypnotic sleep, the doctor prompted him to speak about the experience in Okinawa. The soldier trembled visibly as he related the battlefield horror that triggered the amnesia. When he was pulled out of the hypnosis, the documentary shows that the treatment worked: “Under the guidance of the psychiatrist, he is able to regard his experience in its true perspective as a thing of the past, which no longer threatens his safety. Now he can remember.” Again, instead of viewing this scene as a hopeful demonstration of new treatment, audiences wondered what hell could produce such psychological trauma to begin with.

The third and final treatment demonstrated in the film was given to a patient with a severe stutter. He did not stutter before facing combat in France. Like the paralyzed patient, he was treated with Pentothal, and afterwards he became emotional from the success. “I can talk. I can talk! I can talk! Listen, I can talk! Oh God, listen, I can talk!” he yelled, as the doctor tried to ask questions. When he finally calmed down, he was able to recount his experience facing German artillery, which he came to associate with the “ss” sound, leading to the development of his debilitating stutter.

The soldier’s joy at the successful treatment did not explain, for audiences unfamiliar with such psychological phenomena, how such a problem could manifest. In all three cases of treatment, Huston believed he was showing the world the tremendous breakthroughs of psychiatric medicine, but instead, he showcased the horrors of war, without even having to visit a battlefield. The documentary ends with uplifting scenes from treated soldiers kissing their wives and enjoying a game of baseball, but these were not the images that viewers kept with them. Instead, they remembered the psychosomatically paralyzed soldier being carried into a room, the trembling amnesiac, and the incommunicable stuttering of a psychologically damaged man.

Few people saw the film before the army decided to prohibit Huston from making it available to the public. The justification was that the film was a violation of soldiers’ privacy, but this was a ridiculously flimsy claim. Not only did the army not concern itself with soldier privacy when it commissioned the documentary, but the soldiers themselves were knowingly and consensually filmed. Huston, for his part, never bought the army’s excuse. In his autobiography, An Open Book, he said “I think it boils down to the fact that they wanted to maintain the ‘warrior’ myth, which said that our Americans went to war and came back all the stronger for the experience, standing tall and proud for having served their country well.”

Huston’s film was not the only such source of information that was kept from the public. Roy Spiegel and John Grinker’s breakthrough study Men Under Stress, which also looked at the psychological consequences of war, was allowed to circulate only among military psychiatrists and lawmakers for years, with original copies stamped “Secret” by army archivists, before it was eventually allowed to be published for the public.

PTSD was first given its modern name in 1978. After World War II, the Korean War, and Vietnam, the psychological trauma of war had become increasingly visible to the public, and with it, the military was taking heat for allegedly ignoring the problem. In 1980, vice-president Walter Mondale gave the order to allow the public release of Let There Be Light, but with modern advances in filmmaking technology and the expanding knowledge of PTSD, the documentary did not have the powerful effect it had in the 1940s, when it was originally produced. How much of an effect Huston’s documentary would have had on the public support for the wars in Korea and Vietnam remains only a matter of historical conjecture.

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Rogue Gene-Editing Scientist Claims New Pregnancy; Government Probe Launched As Hospital Disavows

The world’s first genetically edited babies have been born in China this month, according to Chinese researcher He Jiankui – who says he conducted the research along with US scientist Michael Deem, his advisor at Rice University, who has a “small stake” in He’s two Chinese genetics companies.

He has claimed in an AP exclusive report that twin girls born this month had their DNA altered with a powerful new tool which may pave the way for a future free of inherited diseases and undesirable traits, and may even extend one’s lifespan and reverse aging. 

What’s more, Jiankui says that there is another gene-edited pregnancy in its early stages, according to Wired

Lulu and Nana, the twin girls, aren’t the only children He’s group has Crispr’d. When pressed on the number of implantations that have taken place so far, the scientist disclosed that there is another potential pregnancy involving a gene-edited embryo. He hesitated to answer the question because the pregnancy is in an early stage. His research team has so far injected Crispr systems into 30 embryos that have developed to the blastocyst stage. -Wired

Some have denounced the alleged Chinese report as human experimentation, using methods strictly forbidden in the United States and most other countries. 

The researcher, He Jiankui of Shenzhen, said he altered embryos for seven couples during fertility treatments, with one pregnancy resulting thus far. He said his goal was not to cure or prevent an inherited disease, but to try to bestow a trait that few people naturally have — an ability to resist possible future infection with HIV, the AIDS virus.

He said the parents involved declined to be identified or interviewed, and he would not say where they live or where the work was done. –AP

He’s claim has not been independently confirmed, nor published in a journal where it could be reviewed and vetted by other experts. The claim was made on Monday in Hong Kong to one of the organizers of an international conference on gene editing which kicks off on Tuesday, as well as in an earlier exclusive interview with the Associated Press. 

“I feel a strong responsibility that it’s not just to make a first, but also make it an example,” He told AP, adding “Society will decide what to do next” when it comes to the use or prohibition of such science. 

Some scientists were astounded to hear of the claim and strongly condemned it.

It’s “unconscionablean experiment on human beings that is not morally or ethically defensible,” said Dr. Kiran Musunuru, a University of Pennsylvania gene editing expert and editor of a genetics journal.

This is far too premature,” said Dr. Eric Topol, who heads the Scripps Research Translational Institute in California. “We’re dealing with the operating instructions of a human being. It’s a big deal.” –AP

“If this is a false report, it is scientific misconduct and deeply irresponsible,” said professor Robert Winston, Emeritus Professor of Fertility Studies and Professor of Science and Society at Imperial College London. “If true, it is still scientific misconduct,” he added. 

Prof Julian Savulescu, an expert in ethics at the University of Oxford, said: “If true, this experiment is monstrous. The embryos were healthy – no known diseases.

Gene editing itself is experimental and is still associated with off-target mutations, capable of causing genetic problems early and later in life, including the development of cancer.

“This experiment exposes healthy normal children to risks of gene editing for no real necessary benefit.” –BBC

CRISPR inventor Feng Zhang, meanwhile, has called for a global moratorium on gene-edited babies

Not everybody thinks He’s research was ill-conceived, however; famed Harvard University geneticist, George Church, defended the use of gene editing to combat HIV – which he called a “major and growing public health threat.” 

“I think this is justifiable,” said Church. 

In response to AP‘s story, China’s health commission said on its website Monday that it has ordered a probe into the research. 

In a filing to the Hong Kong stock exchange after Tuesday’s close of trading, meanwhile, the parent company of the Shenzhen hospital linked to the pregnancies, Hormonicare Medical Holdings, said that the facility never participated in any clinincal operation connected to the “gene-edited babies” episode, and that the twins were not delivered in their facility, according to Bloomberg

CRISPR Technology

The science behind He’s claimed gene editing is a tool called CRISPR-cas9 – which allows for the substitution or disablement of specific genes. Thus far, the only human experiments have been conducted on adults with deadly diseases, and the changes were confined to that person.

With the editing of sperm and eggs using CRISPR – the changed traits are inherited by future generations

The technique He employed was described as follows: 

The gene editing occurred during IVF, or lab dish fertilization. First, sperm was “washed” to separate it from semen, the fluid where HIV can lurk. A single sperm was placed into a single egg to create an embryo. Then the gene editing tool was added.

When the embryos were 3 to 5 days old, a few cells were removed and checked for editing. Couples could choose whether to use edited or unedited embryos for pregnancy attempts. In all, 16 of 22 embryos were edited, and 11 embryos were used in six implant attempts before the twin pregnancy was achieved, He said.

Tests suggest that one twin had both copies of the intended gene altered and the other twin had just one altered, with no evidence of harm to other genes, He said. People with one copy of the gene can still get HIV, although some very limited research suggests their health might decline more slowly once they do. –AP

He says that mice, monkey and human embryos were experimented on for years before the twins were born, using techniques for which the Chinese scientist has applied for patents. HIV resistance was chosen because the disease is a big problem in China – for which He edited a gene known as CCR5 that allows HIV – the virus which causes AIDS, to infiltrate a cell. 

All of the men in the project had HIV and all of the women did not, but the gene editing was not aimed at preventing the small risk of transmission, He said. The fathers had their infections deeply suppressed by standard HIV medicines and there are simple ways to keep them from infecting offspring that do not involve altering genes.

Instead, the appeal was to offer couples affected by HIV a chance to have a child that might be protected from a similar fate.

He recruited couples through a Beijing-based AIDS advocacy group called Baihualin. Its leader, known by the pseudonym “Bai Hua,” told the AP that it’s not uncommon for people with HIV to lose jobs or have trouble getting medical care if their infections are revealed. –AP

According to scientists AP used to verify materials provided by He, the tests so far are insufficient to say that the editing was truly successful, or that no harm would come of it. They also “noted evidence that the editing was incomplete, and that “at least one twin appears to be a patchwork of cells with various changes.” 

Both Church and Musunuru questioned He’s decision to let one of the edited embryos be used in a pregnancy attempt – because it was known in advance that both copies of the intended gene was unaltered. 

“In that child, there really was almost nothing to be gained in terms of protection against HIV and yet you’re exposing that child to all the unknown safety risks,” said Musunuru. Church, meanwhile, said that the use of that embryo suggests that the “main emphasis was on testing editing rather than avoiding the disease.” 

Even if editing worked perfectly, people without normal CCR5 genes face higher risks of getting certain other viruses, such as West Nile, and of dying from the flu. Since there are many ways to prevent HIV infection and it’s very treatable if it occurs, those other medical risks are a concern, Musunuru said.

There also are questions about the way He said he proceeded. He gave official notice of his work long after he said he started it — on Nov. 8, on a Chinese registry of clinical trials.

It’s unclear whether participants fully understood the purpose and potential risks and benefits. For example, consent forms called the project an “AIDS vaccine development” program. –AP

Deem, He’s partner, said that he was present in China when the potential participants gave their consent, and says that he “absolutely” thinks that they understood the risks. Both men are notably physics experts, and have no experience running human clinical trials.

In order to conduct the experiments, He sought and received approval from Shenzhen Harmonicare Women’s and Children’s Hospital – one of four which provided embryos for the experimentation. 

While some staff were unaware of the nature of the experiments in order to keep some participants’ HIV status from being disclosed, Harmonicare administrator Lin Zhitong said “We think this is ethical.” 

Any medical staff who handled samples that might contain HIV were aware, He said. An embryologist in He’s lab, Qin Jinzhou, confirmed to the AP that he did sperm washing and injected the gene editing tool in some of the pregnancy attempts.

The study participants are not ethicists, He said, but “are as much authorities on what is correct and what is wrong because it’s their life on the line.” –AP

That said, another hospital used – the Southern University of Science and Technology in Shenzhen denied any knowledge of the project and said it will launch an investigation, according to the BBC.  

“I believe this is going to help the families and their children,” He said, adding that if it causes unwanted harm or side effects, “I would feel the same pain as they do and it’s going to be my own responsibility.”

Where exactly is China headed with all of this?

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These Countries Are Quickly And Quietly Dumping The Dollar

Authored by Robert Wheeler via Daisy Luther’s Organic Prepper blog,

Over the past few months, there has been a steady uptick in the number of countries dumping significant portions of their dollar holdings. This is causing many people to worry whether or not the US economy is in for a massive shock sooner, later, or somewhere in between.

While American corporate media outlets either ignore the developments entirely or claim that there is nothing to worry about, the reality is that the dumping of the dollar is a process that is clearly underway. More than that, it appears it is a process that is at least partially coordinated by a number of countries that have been targets of American sanctions and financial bullying in the “post 9/11 world.”

Thus, while corporate media outlets ignore the vanishing dollar dominance and reassure their hapless audience that everything is fine, alt media outlets are predicting a second Weimar Republic, this time in North America.

But what is really going on with the recent dollar dumping? Who is actually dumping the dollar and what kind of effects could we really expect to see in America if the dollar is truly abandoned?

Who Is Dumping The Dollar?

Since the dollar currently enjoys its status as the world’s reserve currency, it is constantly being bought and sold by nations across the entire planet. This arrangement is essentially what is keeping the dollar strong even after the United States embraced neo-liberal Free Trade policies that saw the greatest economic system the world has ever known turned into a shell of its former self. This arrangement allows the United States to sell its “debt” to the rest of the world, which other countries are willing to buy because of the stability of the American governmental system and the fact that America is still an economic powerhouse.

But as the US stretches its military and financial forces thin in the course of expanding its empire across the world, the collapse of that empire looms and, with it, increasingly jittery feet from countries desiring to make prudent financial decisions. For countries tired of being victims of the empire, those who desire a “multipolar” world, and those seeking to expand their own empires, however, the smell of blood is wafting through the air.

China, the emerging and competing empire, has already started the process of dumping the American dollar in a careful and coordinated fashion. This is particularly concerning since China holds so much of America’s debt and so many US dollars. If China dumped all of its holdings at once, America would likely enter a new financial crisis. Fortunately for Americans, however, such an immediate move would also throw China into a crisis which is most likely the main thing holding China back.

But make no mistake. China is moving forward with the plan of relieving itself of the dollar. After all, the country recently inked a deal to trade oil in yuan instead of the dollar.

“Mainland it is laying the ground for the Belt and Road Initiative, and China is even sweetening the pot by offering swap facilities to local countries to promote the use of the yuan,”  Stephen Innes, Head of FX Trading for OANDA in Asia Pacific told RT.

Indeed, it appears that developing country-to-country trading mechanisms are emerging as well which will eventually subvert the US dollar as the world reserve currency. Interestingly enough, the development of such a system is a result of aggressive Americans sanctions and financial bullying over the past few decades.

The United States maintains sanctions on all of its target nations such as Iran, Syria, North Korea, Russia, and others. But the US also threatens its “allies” with sanctions if they dare act rationally on the world stage or refuse to follow American dictates. As a result, America is sanctioning itself into isolation and creating a world where it has taken its ball and gone home so many times that the rest of the kids realize it’s possible and even easier to just play the game without the American bully on the field.

India is also slowly moving away from the dollar. Recently, it announced that it would be paying for the Russian S-400 system (important in its own right) and settling the payment in rubles, not dollars.

But it’s not just the development of country-to-country financial/trading mechanisms. Other countries have been slowly dumping the dollar outright. In fact, China has done that also. Take a look at a recent report from RT detailing how China just dumped the largest amount of Treasuries in 8 months. The article states,

In September, China’s share of US Treasuries holdings had the highest decline since January as ongoing trade tensions with Washington forced the world’s biggest economy to take measures to stabilize its national currency.

Still the biggest foreign holder of the US foreign debt, China slashed it’s share by nearly $14 billion, with the country’s holdings falling to $1.15 trillion from nearly $1.17 trillion in August, according to the latest data from the Treasury Department. The fall marks the fourth straight month of declines. China is followed by Japan, whose share of US Treasuries fell to $1.03 trillion, the lowest since October 2011.

Washington has accelerated the Treasury issuance to avoid potential growth in the federal deficit due to the massive tax cut pushed by President Donald Trump, as well the federal spending deal approved by the government in February.

Chinese purchases of US state debt have been decreasing over recent months. The latest drop comes on top of the escalating trade conflict between Beijing and Washington over trade imbalance, market access, and alleged stealing of US technology secrets by Chinese corporations. So far, the US has imposed tariffs on $200 billion of Chinese goods and Beijing retaliated with tariffs on $60 billion of US goods and stopped buying American crude.

China has been steadily dumping US dollar holdings over the past several months and Japan has followed suitAs RT reported last month,

China and Japan – the two main holders of the US Treasury securities – have trimmed their ownership of notes and bonds in August, according to the latest figures from the US Treasury Department, released on Tuesday.

China’s holdings of US sovereign debt dropped to $1.165 trillion in August, from $1.171 trillion in July, marking the third consecutive month of declines as the world’s second-largest economy bolsters its national currency amid trade tensions with the US. China remains the biggest foreign holder of US Treasuries, followed by long-time US ally Japan.

Tokyo cut its holdings of US securities to $1.029 trillion in August, the lowest since October 2011. In July, Japan’s holdings were at $1.035 trillion. According to the latest figures from the country’s Ministry of Finance, Japanese investors opted to buy British debt in August, selling US and German bonds. Japan reportedly liquidated a net $5.6 billion worth of debt.

Liquidating US Treasuries, one of the world’s most actively-traded financial assets, has recently become a trend among major holders. Russia dumped 84 percent of its holdings this year, with its remaining holdings as of June totaling just $14.9 billion. With relations between Moscow and Washington at their lowest point in decades, the Central Bank of Russia explained the decision was based on financial, economic and geopolitical risks.

Turkey is also backing away from the dollar, having dropped out of the “top-30 list of holders of American debt.” This probably has more to do with Turkey finally coming to the realization that the US was engaging in “hamburger diplomacy” and has no real allegiance to Turkey accept as a vassal state. The failed military coup in the country and the US arming of Kurdish forces in Syria have done nothing but push Turkey toward Russia.

India remains in the top 30 holder list but it has cut its holdings for five straight months.

As would be expected, Russia has been consistently moving forward not only to dump the dollar in a responsible manner but also to make its financial system more distinctly Russian and less dependent upon the whims of the Anglo financier arrangement. Again, RT writes,

One of Russia’s largest banks, VTB is seeking to decrease the share of US dollar transactions at home as locals are choosing the Russian ruble over the greenback.

“There is one interesting thing I wanted to highlight. Since the beginning of this year, people seem to be less interested in making dollar deposits or taking out dollar loans, compared to ruble-denominated deposits and loans. We believe this to be an important step towards the de-dollarization of the Russian finance sector,” said VTB head Andrey Kostin at a Kremlin meeting with President Vladimir Putin.

According to Kostin, VTB experts have drafted a package of proposals designed to further promote the ruble in international settlements. “I think that we need to create our own financial tools. This would serve as an additional safeguard for the Russian financial sector against external shocks, and would give a new impetus to its development,” Kostin added. The financial tools Kostin mentioned are floating Eurobonds, shares and other derivatives that are now used only in the West.

Russia has been seeking the ways of decreasing the dependence on the US currency after Washington and its allies imposed sanctions against Moscow in 2014. In May, President Putin said Russia can no longer trust the US dollar-dominated financial system since America is imposing unilateral sanctions and violates World Trade Organization (WTO) rules. Putin added that the dollar monopoly is unsafe and dangerous for the global economy.

It is important to remember that Russia has also dumped $47bn worth of Treasury bonds, dumping nearly half of its holdings at once.

What Happens If The Dollar Loses Its Status?

So why is this concerning? What would happen if the dollar loses its status as the world’s reserve currency?

The truth is, no one fully knows exactly what such a situation would look like and it would depend on a number of factors such as how quickly the dollar is abandoned by the world, the action taken by the US government in response, and the economic situation of the country once the dollar is unseated.

Despite mainstream claims, we’ve never really been in this specific situation before. Other countries have seen their currency used as the de facto world reserve but, when their time was up, there were also many other factors at play and the world financial system was less intertwined than it is today.

Still, although we may not know the specifics, we do have a general idea of what would happen.

First, Americans are going to lose the convenience of being able to use their currency just about anywhere in the world, both on a business and individual level. That’s not such a big deal on the individual level though it may cause a few hiccups for mid-sized businesses.

Second, interest rates will most assuredly go up. This is going to make it harder for businesses and individuals to pay back any loans they may have received to start or maintain their businesses, buy a home or car, and it will stifle economic growth and it is going to make more people hesitate to request those loans knowing that interest rates will be so high.

Third, and perhaps the most dangerous, is the potential for widespread inflation and devaluing of the currency. Loss of world reserve status will undoubtedly lower the value of the dollar. The question, however, is whether that devaluation would occur slowly over a period of years or even decades or whether it would take place within months, weeks, or days. Obviously, the former would be preferable if the dollar does have to be unseated because it would at least allow time for Americans to brace themselves and to prepare and innovate for the coming devaluation that would gradually get worse. In some cases, American exports might even be helpful for some American exports (though not helpful in terms of wages – competing via lower living standards is a race to abject poverty). But at least a slow burn would allow for Americans “in the know” to stock up on food, attempt to pay off their debts, arm themselves, and make prudent financial decisions in anticipation.

A quick and sudden loss of reserve currency status, however, would bring about an immense crisis that virtually no one is prepared for. As Webster Griffin Tarpley wrote in his article “The Second Wave Of The Depression – Hyperinflation Likely,” published in 2009,

The next wave is likely to involve a worldwide dollar panic. Using ballpark figures, we can say that there are about $4 to $5 trillion sloshing around the world in the form of hot money, US Treasury securities, Euro dollars, and various forms of zeno-dollars. Japan has about a trillion, China almost $2 trillion, and so forth. It is naturally very unwise for a developing country like China to hold so many dollars rather than using them to purchase needed infrastructure and capital goods, and the Chinese leaders are now very uncomfortable with their own foolish decision, which was of course taken under heavy US pressure. But the point is that this $4.5 trillion overhang is by its very nature exceedingly unstable. Every country that holds large sums of dollars or US treasury bonds is nervously eyeing every other such country to see if they show signs of bolting for the exit. Up to now, so far as we know, no large holder of dollars has attempted to reduce its exposure to the battered greenback by dumping these dollars on the international market. If anyone did so, would cause a true universal financial panic which would create chaos and mayhem not just in the United States and Great Britain, but in the vast areas of the rest of the world as well. This is concretely how hyperinflation could now very well arise: if one or more US creditor nations attempts to abruptly lighten up on dollars, the value of the US currency could undergo a catastrophic collapse, and that would spell runaway hyperinflation on the US domestic front.

The numbers are a decade old but the concept is still there.

That being said, given that the United States has used its status as a method of financing itself into maintained prosperity, the loss of that status would remove that privilege. Instead, the United States would be forced to either knuckle under to the dictates of the financiers that will have the country on its knees or do what it should have done all along – nationalize the Federal Reserve and begin issuing credit stimulus and imposing across-the-board tariffs on imports.

Conclusion

It would be nice to hope for the best and prepare for the worst but, as things appear today, we might want to start preparing much more than hoping. The US economic system, partially as a result of becoming an empire with all its requisite destabilizations and wars, mostly a result of Free Trade, and partially a result of private central banking among a host of other factors, has been sacrificed on the altar of globalism. Aggressive behavior on the financial, political, and military fronts has thus created a world seething with anger and hatred at the United States, who is now willing and able to begin weakening the dollar dominance in hopes for the creation of a new “multipolar” world out of the ashes of the old “American” one.

There are no signs that anyone in the American government is either prepared to defend against the dollar collapse or to prevent it. In fact, all signs point to the possibility that such a collapse is desired by the Anglo-financier community.

In other words, the best time to prepare is today.

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China PMI Plunges To 29-Month Lows, Nears Economic Contraction

Despite stepping up fiscal and monetary support in recent months, China PMI tumbled to 50 in November – right at the cusp of economic contraction – the weakest prints since June 2016.

Against expectations of an unchanged 50.2 print, China Manufacturing PMI fell to 50.0 in November (and non-manufacturing PMI slipped to 53.4 from 53.9).

This weakness comes following a string of measures including personal tax cuts and plans to provide credit support for private firms to obtain equity and bond financing, and confirms early indicators signaling weakening on the external front. Among China’s major trading partners, the U.S. and Euro flash PMIs are expected to come in flat. South Korea’s export growth – a barometer for Asia’s exports – decelerated to 5.7% year on year in the first 20 days of November from 26% during the same period in October.

The Composite PMI is the weakest in at least two years, tracking lower with Eurozone and US in November…

Global synchronized un-recovery?

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Migrants Stuck In Tijuana Regret Caravan Journey: “I’m Done With The United States” 

After a multi-week journey from Central America culminating in a chaotic tear-gas incident last weekend at the Tijuana River, some migrants from the Central American caravan are now regretting their decision to seek asylum in the United States, according to the Daily Beast

“I thought it would be easy,” said 40-year-old corn farmer Carlos González, who traveled among the caravan with his wife and two children, ages 4 and 3 – only to end up in Tijuana – where the locals have been anything but welcoming. According to a poll in El Universal, 49% of Mexicans have said that caravans shouldn’t be allowed to cross the country.

“We’re here alone, hungry, unprotected. My daughter is sick with diarrhea,” he said. “I don’t want to lose my kids, lose my life.” González now hopes to earn money in Tijuana washing cars. 

The migrants face long wait times and an uncertain future as they line up and put their names on a list to be heard for Asylum claims – which are currently being processed at a rate of less than 100 per day. Doing the math, it could be months before the roughly 5,000 migrants holed up in Tijuana shelters and a squalid soccer field camp are processed. Not only that, there is no guarantee they will be granted asylum – as migrants have to show evidence of valid claims. 

Jeffrey Renderos, 31, put his name in a ledger and received a ticket with the number 1655. Renderos, a bearded Honduran who fled gang threats and arrived in Tijuana six months ago, figured he would wait at least a month to have a hearing—though he wasn’t complaining. He couldn’t contain his scorn for the caravan, however.

If they acted like civilized people, it would be different,” he said. When asked why he held such a poor opinion of fellow Hondurans, he responded, “You saw the way they clashed with police?” –Daily Beast

 

35-year-old San Pedro Sula waiter Luis Corrales lost faith in the journey after Sunday’s tear-gas incident. 

Luis Corrales, 35, a waiter from San Pedro Sula, didn’t expect any problems in the protest. He said the march set out to seek answers from U.S. officials, though he acknowledged some had hoped they could make their case to border patrol agents and enter the United States.

Women and children were walking at the front of the march, he said, “to see if they would let them enter.” Daily Beast

Corrales, selling cigarettes to fellow migrants to get by, says that he thought that getting into the US would be as easy as when the caravan crossed from Guatemala into Mexico – only to be sadly disappointed. 

“I’m done with the United States. I’ll stay here,” said Corrales. 

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Low Oil Prices: An Indication Of Major Problems Ahead?

Authored by Gail Tverberg via Our Finite World blog,

Many people, including most Peak Oilers, expect that oil prices will rise endlessly. They expect rising oil prices because, over time, companies find it necessary to access more difficult-to-extract oil. Accessing such oil tends to be increasingly expensive because it tends to require the use of greater quantities of resources and more advanced technology. This issue is sometimes referred to as diminishing returns. Figure 1 shows how oil prices might be expected to rise, if the higher costs encountered as a result of diminishing returns can be fully recovered from the ultimate customers of this oil.

Figure 1. Chart showing expected long-term rise in oil prices as the full cost of oil production becomes increasingly expensive due to diminishing returns.

In my view, this analysis suggesting ever-rising prices is incomplete. After a point, prices can’t really keep up with rising costs because the wages of many workers lag behind the growing cost of extraction.

The economy is a networked system facing many pressures, including a growing level of debt and the rising use of technology. When these pressures are considered, my analysis indicates that oil prices may fall too low for producers, rather than rise too high for consumers. Oil companies may close down if prices remain too low. Because of this, low oil prices should be of just as much concern as high oil prices.

In recent years, we have heard a great deal about the possibility of Peak Oil, including high oil prices. If the issue we are facing is really prices that are too low for producers, then there seems to be the possibility of a different limits issue, called Collapse. Many early economies seem to have collapsed as they reached resource limits. Collapse seems to be characterized by growing wealth disparity, inadequate wages for non-elite workers, failing governments, debt defaults, resource wars, and epidemics. Eventually, population associated with collapsed economies may fall very low or completely disappear. As Collapse approaches, commodity prices seem to be low, rather than high.

The low oil prices we have been seeing recently fit in disturbingly well with the hypothesis that the world economy is reaching affordability limits for a wide range of commodities, nearly all of which are subject to diminishing returns. This is a different problem than most researchers have been concerned about. In this article, I explain this situation further.

One thing that is a little confusing is the relative roles of diminishing returns and efficiency. I see diminishing returns as being more or less the opposite of growing efficiency.

Figure 2.

The fact that inflation-adjusted oil prices are now much higher than they were in the 1940s to 1960s is a sign that for oil, the contest between diminishing returns and efficiency has basically been won by diminishing returns for over 40 years.

Figure 3.

Oil Prices Cannot Rise Endlessly

It makes no sense for oil prices to rise endlessly, for what is inherently growing inefficiency. Endlessly rising prices for oil would be similar to paying a human laborer more and more for building widgets, during a time that that laborer becomes increasingly disabled. If the number of widgets that the worker can produce in one hour decreases by 50%, logically that worker’s wages should fall by 50%, not rise to make up for his/her growing inefficiency.

The problem with paying higher prices for what is equivalent to growing inefficiency can be hidden for a while, if the economy is growing rapidly enough. The way that the growing inefficiency is hidden is by adding Debt and Complexity (Figure 4).

Figure 4.

Growing complexity is very closely related to “Technology will save us.” Growing complexity involves the use of more advanced machinery and ever-more specialized workers. Businesses become larger and more hierarchical. International trade becomes increasingly important. Financial products such as derivatives become common.

Growing debt goes hand in hand with growing complexity. Businesses need growing debt to support capital expenditures for their new technology. Consumers find growing debt helpful in affording major purchases, such as homes and vehicles. Governments make debt-like promises of pensions to citizen. Thanks to these promised pensions, families can have fewer children and devote fewer years to child care at home.

The problem with adding complexity and adding debt is that they, too, reach diminishing returns. The easiest (and cheapest) fixes tend to be added first. For example, irrigating a field in a dry area may be an easy and cheap way to fix a problem with inadequate food supply. There may be other approaches that could be used as well, such as breeding crops that do well with little rainfall, but the payback on this investment may be smaller and later.

A major drawback of adding complexity is that doing so tends to increase wage and wealth disparity. When an employer pays high wages to supervisory workers and highly skilled workers, this leaves fewer funds with which to pay less skilled workers. Furthermore, the huge amount of capital goods required in this more complex economy tends to disproportionately benefit workers who are already highly paid. This happens because the owners of shares of stock in companies tend to overlap with employees who are already highly paid. Low paid employees can’t afford such purchases.

The net result of greater wage and wealth disparity is that it becomes increasingly difficult to keep prices high enough for oil producers. The many workers with low wages find it difficult to afford homes and families of their own. Their low purchasing power tends to hold down prices of commodities of all kinds. The higher wages of the highly trained and supervisory staff don’t make up for the shortfall in commodity demand because these highly paid workers spend their wages differently. They tend to spend proportionately more on services rather than on commodity-intensive goods. For example, they may send their children to elite colleges and pay for tax avoidance services. These services use relatively little in the way of commodities.

Once the Economy Slows Too Much, the Whole System Tends to Implode

A growing economy can hide a multitude of problems. Paying back debt with interest is easy, if a worker finds his wages growing. In fact, it doesn’t matter if the growth that supports his growing wages comes from inflationary growth or “real” growth, since debt repayment is typically not adjusted for inflation.

Figure 5. Repaying loans is easy in a growing economy, but much more difficult in a shrinking economy.

Both real growth and inflationary growth help workers have enough funds left at the end of the period for other goods they need, despite repaying debt with interest.

Once the economy stops growing, the whole system tends to implode. Wage disparity becomes a huge problem. It becomes impossible to repay debt with interest. Young people find that their standards of living are lower than those of their parents. Investments do not appear to be worthwhile without government subsidies. Businesses find that economies of scale no longer work to their advantage. Pension promises become overwhelming, compared to the wages of young people.

The Real Situation with Oil Prices

The real situation with oil prices–and in fact with respect to commodity prices in general–is approximately like that shown in Figure 6.

Figure 6.

What tends to happen is that oil prices tend to fall farther and farther behind what producers require, if they are truly to make adequate reinvestment in new fields and also pay high taxes to their governments. This should not be too surprising because oil prices represent a compromise between what citizens can afford and what producers require.

Figure 7. Illustration indicating that the world has already reached a point where no oil price works for both oil suppliers and oil consumers.

In the years before diminishing returns became too much of a problem (back before 2005, for example), it was possible to find prices that were within an acceptable range for both sellers and buyers. As diminishing returns has become an increasing problem, the price that consumers can afford has tended to fall increasingly far below the price that producers require. This is why oil prices at first fall a little too low for producers, and eventually seem likely to fall far below what producers need to stay in business. The problem is that no price works for both producers and consumers.

Affordability Issues Affect All Commodity Prices, Not Just Oil

We are dealing with a situation in which a growing share of workers (and would be workers) find it difficult to afford a home and family, because of wage disparity issues. Some workers have been displaced from their jobs by robots or by globalization. Some spend many years in advanced schooling and are left with large amounts of debt, making it difficult to afford a home, a family, and other things that many in the older generation were able to take for granted. Many of today’s workers are in low-wage countries; they cannot afford very much of the output of the world economy.

At the same time, diminishing returns affect nearly all commodities, just as they affect oil. Mineral ores are affected by diminishing returns because the highest grade ores tend to be extracted first. Food production is also subject to diminishing returns because population keeps rising, but arable land does not. As a result, each year it is necessary to grow more food per arable acre, leading to a need for more complexity (more irrigation or more fertilizer, or better hybrid seed), often at higher cost.

When the problem of growing wage disparity is matched up with the problem of diminishing returns for the many different types of commodity production, the same problem occurs that occurs with oil. Prices of a wide range of commodities tend to fall below the cost of production–first by a little and, if the debt bubble pops, by a whole lot.

We hear people say, “Of course oil prices will rise. Oil is a necessity.” The thing that they don’t realize is that the problem affects a much bigger “package” of commodities than just oil prices. In fact, finished goods and services of all kinds made with these commodities are also affected, including new homes and vehicles. Thus, the pattern we see of low oil prices, relative to what is required for true profitability, is really an extremely widespread problem.

Interest Rate Policies Affect Affordability

Commodity prices bear surprisingly little relationship to the cost of production. Instead, they seem to depend more on interest rate policies of government agencies. If interest rates rise or fall, this tends to have a big impact on household budgets, because monthly auto payments and home payments depend on interest rates. For example, US interest rates spiked in 1981.

Figure 8. US short and long term interest rates. Graph by FRED.

This spike in interest rates led to a major cutback in energy consumption and in GDP growth.

Figure 9. World GDP Growth versus Energy Consumption Growth, based on data of 2018 BP Statistical Review of World Energy and GDP data in 2010$ amounts, from the World Bank.

Oil prices began to slide, with the higher interest rates.

Figure 10.

Figure 11 indicates that the popping of a debt bubble (mostly relating to US sub-prime housing) sent oil prices down in 2008. Once interest rates were lowered through the US adoption of Quantitative Easing (QE), oil prices rose again. They fell again, when the US discontinued QE.

Figure 11. Figure showing collapsing debt bubble at the time US oil prices peaked, and the use of Quantitative Easing (QE) to stimulate the economy, and thus bring prices back up again.

While these charts show oil prices, there is a tendency for a broad range of commodity prices to move more or less together. This happens because the commodity price issue seems to be driven to a significant extent by the affordability of finished goods and services, including homes, automobiles, and restaurant food.

If the collapse of a major debt bubble occurs again, the world seems likely to experience impacts somewhat similar to those in 2008, depending, of course, on the location(s) and size(s) of the debt bubble(s). A wide variety of commodity prices are likely to fall very low; asset prices may also be affected. This time, however, government organizations seem to have fewer tools for pulling the world economy out of a prolonged slump because interest rates are already very low. Thus, the issues are likely to look more like a widespread economic problem (including far too low commodity prices) than an oil problem.

Lack of Growth in Energy Consumption Per Capita Seems to Lead to Collapse Scenarios

When we look back, the good times from an economic viewpoint occurred when energy consumption per capita (top red parts on Figure 12) were rising rapidly.

Figure 12.

The bad times for the economy were the valleys in Figure 12. Separate labels for these valleys have been added in Figure 13. If energy consumption is not growing relative to the rising world population, collapse in at least a part of the world economy tends to occur.

Figure 13.

The laws of physics tell us that energy consumption is required for movement and for heat. These are the basic processes involved in GDP generation, and in electricity transmission. Thus, it is logical to believe that energy consumption is required for GDP growth. We can see in Figure 9 that growth in energy consumption tends to come before GDP growth, strongly suggesting that it is the cause of GDP growth. This further confirms what the laws of physics tell us.

The fact that partial collapses tend to occur when the growth in energy consumption per capita falls too low is further confirmation of the way the economics system really operates. The Panic of 1857 occurred when the asset price bubble enabled by the California Gold Rush collapsed. Home, farm, and commodity prices fell very low. The problems ultimately were finally resolved in the US Civil War (1861 to 1865).

Similarly, the Depression of the 1930s was preceded by a stock market crash in 1929. During the Great Depression, wage disparity was a major problem. Commodity prices fell very low, as did farm prices. The issues of the Depression were not fully resolved until World War II.

At this point, world growth in energy consumption per capita seems to be falling again. We are also starting to see evidence of some of the same problems associated with earlier collapses: growing wage disparity, growing debt bubbles, and increasingly war-like behavior by world leaders. We should be aware that today’s low oil prices, together with these other symptoms of economic distress, may be pointing to yet another collapse scenario on the horizon.

Oil’s Role in the Economy Is Different From What Many Have Assumed

We have heard for a long time that the world is running out of oil, and we need to find substitutes. The story should have been, “Affordability of all commodities is falling too low, because of diminishing returns and growing wage disparity. We need to find rapidly rising quantities of very, very cheap energy products. We need a cheap substitute for oil. We cannot afford to substitute high-cost energy products for low-cost energy products. High-cost energy products affect the economy too adversely.”

In fact, the whole “Peak Oil” story is not really right. Neither is the “Renewables will save us” story, especially if the renewables require subsidies and are not very scalable. Energy prices can never be expected to rise high enough for renewables to become economic.

The issues we should truly be concerned about are Collapse, as encountered by many economies previously. If Collapse occurs, it seems likely to cut off production of many commodities, including oil and much of the food supply, indirectly because of low prices.

Low oil prices and low prices of other commodities are signs that we truly should be concerned about. Too many people have missed this point. They have been taken in by the false models of economists and by the confusion of Peak Oilers. At this point, we should start considering the very real possibility that our next world problem is likely to be Collapse of at least a portion of the world economy.

Interesting times seem to be ahead.

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Trump’s 757 Jet Clipped In Accident At LaGuardia Airport

The Trump Organization confirmed Wednesday afternoon that President Trump’s private Boeing 757, used during his campaign, was involved in an incident at LaGuardia airport after a corporate jet clipped its wing. A Bombardier Global Express, with three crew on board, was maneuvering into a parking spot when it clipped the wing of Trump’s plane around 8:30 a.m. Wednesday, a source familiar with the incident told The Associated Press.

The Port Authority of New York and New Jersey, which operates LaGuardia Airport, said there were no injuries nor airport delays due to the incident. The agency would not specify the planes involved.

While the damage to the planes was not clear from the agency, the aviation tracking website FlightAware said the Bombardier immediately flew to Hartford, Connecticut, where the Bombardier Hartford Service Center is located. Trump’s plane, for obvious reasons, is blocked from aviation tracking websites.

Trump purchased the Boeing 757, a retrofitted commercial airliner, in 2011 for $100 million from Microsoft’s Paul Allen, Travel Plus Leisure reported. During his run for president, he called the plane “Trump Force One.”

Trump used the jet as a symbol of wealth, power and convenience during his presidential campaign, wowing the middle class of his wealth status during airport hanger rallies. 

In a 2011 video, produced by the Trump Organization, the Apprentice’s Amanda Miller gave an exclusive tour of the plane. 

Miller shows the lavish amenities including a kitchen, first class sleeper area, a private bedroom for Trump, dining area, gold silk wall coverings, a lounge, home theater system, and a master bath with gold-plated bathroom.

Lately, the 757 has turned into a LaGuardia landmark, as air passengers who fly in/out of the airport generally see the massive plane parked outside the hangers. Some fliers even take pictures and post them on social media.

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Hillary Clinton Confirms Conservatives Were Right On Mass Migration

Authored by James Pinkerton via The American Conservative,

Progressives melt down after the Democratic doyenne denounces open borders here and in Europe…

Amidst the hurly-burly of politics these days, it can be hard to notice when your side has won a victory. Yet that’s what’s just happened for conservatives on immigration: they’ve won. Okay, it’s not a final victory, nor even a crushing victory, but, even so, it’s a win.

We know this because Hillary Clinton, arguably still the biggest name in Democratic politics, has just said that conservatives were right. She has conceded the essence of the rightist—and, by the way, centrist—critique of the open-borders approach to immigration.

On November 22, Clinton said in an interview with The Guardian, “I think Europe needs to get a handle on migration because that is what lit the flame.”

Continuing in that vein, she damned German Chancellor Angela Merkel with faint praise:

“I admire the very generous and compassionate approaches that were taken particularly by leaders like Angela Merkel, but I think it is fair to say Europe has done its part, and must send a very clear message—‘we are not going to be able to continue provide refuge and support’—because if we don’t deal with the migration issue it will continue to roil the body politic.”

In other words, when Merkel opened the German border in 2015, she was being nice, but misguided. Of course, Clinton is no doubt aware that the global backlash against Merkelism was felt in America, too, contributing to her own defeat in 2016.

To be sure, Clinton is no convert to Trumpism. Indeed, lest anyone think she was, she also told The Guardian that the president has “a strong streak of racism…the whole package of bigotry.”

Yet of course, the fact that Clinton doesn’t like Trump is not news. What is news is that she has shifted her stance on immigration in a Trumpian direction—or, if one prefers, to the familiar rule-of-law position embraced even by the Bernie Sanders left until recently.

Yet the immediate reaction to Clinton’s words was cautious incredulity. As The New York Times put it later that day, “Mrs. Clinton’s remarks to The Guardian drew criticism and a dose of surprise from an array of scholars, immigration advocates and pundits on both the left and the right, some of whom were so perplexed by the comments that they wondered aloud whether Mrs. Clinton had perhaps misspoken.” After all, as the Times observed, “Mrs. Clinton, many said, has a long history of supporting refugees—a track record seemingly at odds with her recent remarks. Her immigration platform in the 2016 presidential election boasted that ‘we embrace immigrants, not denigrate them.’”   

Yet in the days since, Clinton not only reiterated her position, but went a step further, making it clear that she was talking about the U.S. as well.

In a tweet on November 23, she said, “On both sides of the Atlantic, we need reform. Not open borders.”

Once Clinton’s words sank in, the reaction on the left was fierce. For starters, an editorialist in the same Guardian slammed her with the headline: “Hillary Clinton’s chilling pragmatism gives the far right a free pass” And Rep. Pramila Jayapal (D-Washington) tweeted, “Deeply misguided and unfortunate comment from someone who must know better.” Jayapal was approvingly retweeted by Rep.-elect Alexandria Ocasio-Cortes, the new darling of avant-garde progressivism.

Meanwhile, on the right, immigration hardliner Ann Coulter bemusedly tweeted, “Maybe we should have voted for her. Might have gotten a wall.”

Coulter, of course, is a maximalist; Trump, tough on the border as he is, has fallen short of her exacting standards.

It’s also worth noting that other leaders on the moderate left have also endorsed tougher border restrictions. In the same November 22 Guardian article that quoted Clinton, former British prime minister Tony Blair declared, “You’ve got to deal with the legitimate grievances and answer them, which is why today in Europe you cannot possibly stand for election unless you’ve got a strong position on immigration because people are worried about it.” He added, “You’ve got to answer those problems. If you don’t answer them then…you leave a large space into which the populists can march.” And former Italian prime minister Matteo Renzi agreed, too, with this right-tacking realism.

In fact, in yet another Guardian interview, former Democratic presidential nominee John Kerry went further: “Europe is already crushed under this transformation that is taking place due to migration.”

Indeed, Kerry went even further than that; he directly linked the open borders issue to the demography of Africa, albeit choosing to argue through the prism of climate change. As he said, “Imagine what happens if water dries up and you cannot produce food in northern Africa. Imagine what happens if Nigeria hits its alleged 500 million people by the middle of the century…you are going to have hordes of people in the northern part of the Mediterranean knocking on the door. I am telling you. If you don’t believe me, just go read the literature.” When Kerry says, “read the literature,” we can assume he is referring to scientific or geopolitical papers, as opposed to the dystopic fictional literature on mass migration.

Undeniably, a new hard-nosed pessimism about population flows is creeping into the discussion, even among the Davos Men. In September, tycoon-turned-philanthropist Bill Gates said, perhaps somewhat awkwardly, that African population growth was “the elephant in the room.”

Meanwhile, some on the right are welcoming the shift in Western attitudes. Austrian chancellor Sebastian Kurz, elected last year on a strong border-security platform, observed recently, “There are a lot of things that have changed. A lot of people who said [the Merkel Migration of 2015] is beneficial for Europe, it is necessary for our demography, do not say it any more.”

An upcoming flashpoint is the United Nation’s Global Compact for Safe, Orderly, and Regular Migration, which will be considered at an upcoming UN conference in Marrakech, Morocco, on December 10 to 11. The Compact, an international amnesty lawyer’s dream, emerged from the UN General Assembly in 2016, with the hearty endorsement of the Obama administration, the German government, and, of course, George Soros.

Yet now, just two years later, the climate for the Compact has cooled. The Trump administration has announced that it will not sign the document, joined by Israel, Australia, and a half-dozen European countries. Indeed, the assessment of Hungarian foreign affairs minister Péter Szijjártó was, shall we say, blunt: “The goal of the UN Global Compact for Migration is to legalize illegal immigration.” (The globocrats deny that—but then, they always do.)

Of course, the hottest immigration issue in the U.S. these days is the fate of the caravan at our border with Mexico. It’s impossible to know what will happen there, and there’s plenty of potential for the narrative to boomerang every which way. Moreover, the fate of Trump’s wall, or of any sort of legislative change on U.S. immigration policy, is also highly uncertain.

Yet still, as we have seen, the threaded issues of nationalism, national security, and national sovereignty are bigger than any one incident—or any one nation. That is, the desire of countries to determine their own destiny, out from under some utopian international regime, has been awakened, and is unlikely to go back to sleep any time soon. (Even in Canada, arch-globalist Justin Trudeau sits at a mere 36 percent in the polls, just a point ahead of his conservative rival.)

In the meantime, here in the U.S., conservatives—as distinct, of course, from libertarians—are now able to say, “Even Hillary Clinton and John Kerry agree on the need for border enforcement.”  

And in political terms, that’s not a small victory.

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Putin Was To Get $50 Million Penthouse In Trump Tower Moscow; Michael Cohen And FBI Informant Negotiated Failed Deal

President Trump’s ex-longtime personal attorney Michael Cohen worked with an FBI informant known as “The Quarterback” to negotiate a deal for Trump Tower Moscow during the 2016 US election, according to BuzzFeed News

“The Quarterback,” Felix Sater – a longtime FBI and CIA undercover intelligence asset who was busted running a $40 million stock scheme, leveraged his Russia connections to pitch the deal, while Cohen discussed it with Putin’s press secretary, Dmitry Peskov, according to BuzzFeed, citing two unnamed US law enforcement officials. 

Sater told BuzzFeed News today that he and Cohen thought giving the Trump Tower’s most luxurious apartment, a $50 million penthouse, to Putin would entice other wealthy buyers to purchase their own. “In Russia, the oligarchs would bend over backwards to live in the same building as Vladimir Putin,” Sater told BuzzFeed News. “My idea was to give a $50 million penthouse to Putin and charge $250 million more for the rest of the units. All the oligarchs would line up to live in the same building as Putin.” A second source confirmed the plan. –BuzzFeed

The Trump Tower Moscow plan is at the center of Cohen’s new plea agreement with Special Counsel Robert Mueller after he admitted to lying to congressional committees investigating Trump-Russia collusion. 

According to the criminal information filed against Cohen Thursday, on Jan. 20, 2016 he spoke with a Russian government official, referred to only as Assistant 1, about the Trump Tower Moscow plan for 20 minutes. This person appears to be an assistant to Peskov, a top Kremlin official that Cohen had attempted to reach by email. 

Cohen “requested assistance in moving the project forward, both in securing land to build the proposed tower and financing the construction,” the court document states.

Cohen had previously maintained that he never got a response from the official, but in court on Thursday he acknowledged that was a lie. –BuzzFeed

While the deal ultimately fizzled, “and it is not clear whether Trump knew of the intention to give away the penthouse,” Cohen has said in court filings that Trump was regularly briefed on the Moscow negotiations along with his family. 

Sater and Cohen “worked furiously behind the scenes into the summer of 2016 to get the Moscow deal finished,” according to BuzzFeed – although it was claimed that the project was canned in January 2016, before Trump won the GOP nomination. 

Sater, who has worked with the Trump organization on past deals, said that he came up with the Trump Tower Moscow idea, while Cohen – Sater recalled, said “Great idea.”

“I figured, he’s in the news, his name is generating a lot of good press,” Sater told BuzzFeed earlier in the year, adding “A lot of Russians weren’t willing to pay a premium licensing fee to put Donald’s name on their building. Now maybe they would be.”

So he turned to his old friend, Cohen, to get it off the ground. They arranged a licensing deal, by which Trump would lend his name to the project and collect a part of the profits. Sater lined up a Russian development company to build the project and said that VTB, a Russian financial institution that faced US sanctions at the time, would finance it. VTB officials have denied taking part in any negotiations about the project. –BuzzFeed

Two FBI agents with “direct knowledge of the Trump Tower Moscow negotiations” told BuzzFeed earlier this year that Cohen had been in frequent contact with foreigners about the potential real estate project – and that some of these individuals “had knowledge of or played a role in 2016 election meddling.” 

Meanwhile, Trump reportedly personally signed the letter of intent to move forward with the Trump Tower Moscow plan on October 28, 2015 – the third day of the Republican primary debate. 

Cohen is scheduled to be sentenced on December 12. By cooperating with the DOJ, he is hoping to avoid prison.

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A Veritable Feast Of Reality, Choice, & Consequences

Authored by Doug ‘Uncola’ Lynn via The Toll Online blog,

Someone I care about got into some trouble the week before Thanksgiving. They asked for my help, and I wasn’t raised to say “no” in such situations. What ensued were a series of unfortunate events that staggered my mind and challenged my previously naive vision of a moderately benevolent universe.

By any definition, any knowledgeable neutral party would say I did everything right, in spite of the dire turn of events that, fortunately, resulted in only a minor loss of time and money on my part; with a still positive outcome for the party I helped.

Even now, looking back, I realize I’d have made all the same decisions with the same information I had at the time. Yet, the mostly-positive denouement of the entire affair resulted in a conclusion I never dreamed possible at the start.

It had to do with a car accident, an insurance claim, buying a lemon, and ultimately enjoying some fine lemonade in the end. The party who I helped is now better off than if my original plans were realized. I will say, however, it was darkest before the dawn, and things should have ended much worse.

I don’t know why it happened; only that it did. And, in spite of my minor loss of time and funds, I now realize I was changed for the better because of understanding, and appreciating, certain solutions of which I was prejudiced against prior. In short, my mind has been opened in ways which will benefit this blogger far more than some money ever could; and my lessons learned resulted in a new willingness to explore every room before locking any doors.

It’s been said wisdom comes from experience. I believe that now more than ever. It’s also true that time is a teacher that kills all of the students.  Indeed. The inevitableness of reality requires honesty and acceptance.

Here is reality:

It’s bigger than me. It washes over like time-drops raining moments on my face.  I can’t grasp anything outside of my reach; or control what’s not mine.

Here is wisdom:

When you’re in the shit, the next-right-move is all that matters.

W.I.N.N. = What is Needed Now.

Today, we live in a land where black-robed mullah’s side with misogynic bearded men against the reproductive rights of young girls:

Judge Bernard Friedman of the United States District Court for the Eastern District of Michigan ruled that Congress did not have the authority to pass the law against female genital mutilation…

A land where it’s Supreme Court Chief Justice rebuked a President while, simultaneously, praising the “independent judiciary.”

Supreme Court Chief Justice John Roberts issued a rare rebuke over Donald Trump’s attacks on the federal judiciary, saying ‘we do not have Obama judges or Trump judges, Bush judges or Clinton judges’.

….Roberts said on the day before Thanksgiving that an ‘independent judiciary is something we should all be thankful for.’

Consider which U.S. president appointed which judge compared to the deciding opinions of every historical case, and the reader would realize the hilarity, or malice, behind Robert’s contention of an “independent judiciary”.  Yes, it would be funny if wasn’t so sad, and dangerous.

If America were to be made great again, the indictments of Deep State criminals (and particularly those in the Justice Department) would have had to have fallen prior to the 2018 Midterm Elections. They did not.  So, now, it’s become a matter for future historians to sort out.

Maybe Trump wasn’t real. Perhaps he didn’t have the power, maybe he was hoping for a Red Wave that never happened.  In any event, we hear whispers of former FBI Director James Comey, and the Clinton Foundation, being investigated by the now Lame-Duck House, but that’s all. At the same time, judges are reigning in Trump in at every turn; even his own appointees.

Jim Acosta’s White House press pass — stripped from him after a heated exchange between the CNN correspondent and President Trump last week — must be temporarily reinstated, a Trump-appointed federal judge ruled

Of course, the Surveillance State knows where all of the skeletons are buried in every closet, and all they need to do is press the right buttons, at the just right times, to steer the future in whatever direction they want; like reality TV.

Now a “conflicted prosecutor gone rogue” recklessly ruins American lives; like an inquisitor from antiquity:

The Phony Witch Hunt continues, but Mueller and his gang of Angry Dems are only looking at one side, not the other. Wait until it comes out how horribly & viciously they are treating people, ruining lives for them refusing to lie. Mueller is a conflicted prosecutor gone rogue….

    — Donald J. Trump (@realDonaldTrump) November 27, 2018

And, furthermore, in complete collusion with a complicit Orwellian Fourth Estate:

….The Fake News Media builds Bob Mueller up as a Saint, when in actuality he is the exact opposite. He is doing TREMENDOUS damage to our Criminal Justice System, where he is only looking at one side and not the other. Heroes will come of this, and it won’t be Mueller…

— Donald J. Trump (@realDonaldTrump) November 27, 2018

Hillary Clinton now smiles like an aging Cheshire cat as Julian Assange is trapped like a tiny mouse; prior to the rats taking over the U.S. House.

Harvard Law Professor, Alan Dershowitz, warns Robert Mueller’s report will be “politically very devastating” to Trump; even in the absence of any crimes committed:

When I say devastating, I mean it’s going to paint a picture that’s going to be politically very devastating. I still don’t think it’s going to make a criminal case

How could that happen in America, if not for the propaganda spewed by the Orwellian Media? To be sure, with every morsel savored, and swallowed, by the vapid dullards of a dying nation.

Now, one of the fifty states has even challenged the federal government’s separation of powers by attempting to dictate Trump’s cabinet choices:

The state of Maryland has gone to court against the Trump administration, seeking to remove Matthew Whitaker as acting attorney general and install Deputy Attorney General Rod Rosenstein as the acting head of the Justice Department.

 In another era, that would be yuge news. But not so, currently, with the Propagandic Arm of the Surveillance State desiring to win hearts and minds instead of reporting facts.

In the meantime, hypnotized MK Ultra-type loners, high on psychotropic chemicals and under psychiatric care, will continue to break from their prolifically bizarre social media postings in order to shoot little children in gun free zones; as the Orwellian Media paints emotionally manipulative and contrived photo narratives of cartoon-clad illegal invaders using children as pawns in a political scam:

We’re a nation of hollow men, straw men, empty men. A land of therapists, pill dispensaries, coffee houses, fitness facilities, yogurt shops, and hot yoga dens. A people living on imaginary, and regurgitated, green paper vapers for so long, we only know how to recycle anymore. It’s why we build new retail outlets on streets overrun with vacancies and going-out-of-business signage; like a rimfire, and in the center, ashes.

As the plunderers, looters, and slumlords have transitioned American cities into third-world shitholes, the online Titans have created hi-tech online checkpoints.  Papers please.

Just as Amazon has monopolized retail, so, too, has Google cornered the market on information, as monopolistic social media mutants sell censorship trademarked under “fairness” and “protection”.

It’s become difficult, if not impossible, to escape these cannibals, because we’re caught in their world-wide web; an inter net. Certainly, we’ve signed our birthrights away via “accept tabs” and to the sound of mouse-clicks.

If we fight, what will we win?  If we run, or hide, where will we go?

….. prepare the way for the Lord; make straight in the desert a highway for our God.

– Isaiah 40:3

“Though it’s a bit like discovering Zuul in your refrigerator…”

– Holly O.

Bible scholars claim prophecy predicted ten economic regions of the world: Ten kings over ten kingdoms who give their power to a beast; and the United Nations has engaged in such plans:

In 1992 the UN formed a Commission on Global Governance charged with devising a system of future global management.  …After several years of “extension consultation” with “world leaders, philosophers, and futurologists” the Commission produced a report entitled “Our Global Neighbourhood.”

….This strategy appears to be based on the Club of Rome’s proposal to divide the earth into 10 administrative regions which they outlined in their report “Mankind at the Turning Point”. … Interestingly the UN is currently in the process of reviewing and reforming the organization, with particular emphasis on the Security Council…

This land is not your land; neither are the waters.  Behold the United States Clean Water Restoration Act of 2010 (Senate Bill # SW.787):

Clean Water Restoration Act – Reaffirms federal jurisdiction over all waters of the United States and overturns the decisions of the United States Supreme Court in Solid Waste Agency of Northern Cook County v. United States Army Corps of Engineers and Rapanos v. United States.

Amends the Federal Water Pollution Control Act (commonly known as the Clean Water Act) to replace the term “navigable waters” that are subject to such Act with the term “waters of the United States,” defined to mean all waters subject to the ebb and flow of the tide, the territorial seas, and all interstate and intrastate waters, including lakes, rivers, streams (including intermittent streams), mudflats, sandflats, wetlands, sloughs, prairie potholes, wet meadows, playa lakes, and natural ponds, all tributaries of any of such waters, and all impoundments of the foregoing.

Is it still conspiracy if it’s all been published by the United Nations and passed into law in the United States?

As stated by this blogger before, President Donald Trump is the manifestation of one of the following three possibilities:

A.) The Real Thing

B.) Serving the agenda of the global financial elite unwittingly

C.) Controlled opposition as a Judas Goat or Trojan Horse

In any scenario above, there remains the possibility that Trump and his Deplorables were merely the bleeding of the brake-lines before the Big Stop.  Or, it could be holy water will soon rain down over the baleful, bastard beast and it’s abominable, bloody feast.

The only plan I can think of is to do the next necessary thing in any given moment and to turn over all that’s bigger than me; and that not belonging to me. To hell with the man, his black horse, and every one by his side.

The table is set and the main course is on the way.

Whether whatever-comes-next is delivered by the hand of God, the devil’s power, or via mathematics by the multiplications and divisions of ordinary men – when it’s time to eat, care not over what is being served but, rather, more importantly, who shows up for dinner.

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