The Weekly Standard Was Wrong About Almost Everything: New at Reason

On December 14, the staffers of The Weekly Standard were called into a meeting and told that the issue they’d just put to bed would be their last. Writers and editors, many of whom had been with the magazine since it was launched 23 years earlier, were ordered to clean out their offices by the end of the day. They were not given boxes.

By Reason‘s lights, the editors of The Weekly Standard were consistently wrong about almost everything: the advisability of foreign military adventurism, the ethics of bioengineering and reproductive technology, the prospects for a John McCain presidency, and how many biographies of Lionel Trilling any sane human being could possibly be expected to care about, just to name a few.

For The Weekly Standard, the fundamental unit was the nation, not the individual. The magazine’s signal achievement was making the case for the Iraq War, and in the wake of 9/11 the editors unreservedly endorsed classical notions of martial valor, civic duty, and traditional masculinity. They stuck by drug prohibition and straights-only marriage even as the nation left those notions behind, writes Katherine Mangu-Ward.

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Germany’s Snub Of Lockheed’s F-35 Unleashes Dramatic Geopolitical Consequences

Germany has snubbed Lockheed Martin’s F-35 joint strike fighter, knocking the American stealth fighter of out of a tender worth billions of euros, the German Defense Ministry confirmed on Thursday. Germany’s military is seeking to replace its aging Tornado warplanes, for which Boeing’s F/A-18 Super Hornet and Airbus’ NATO Eurofighter Typhoon remain contenders. 

Should Germany go with the Eurofighter after announcing the F-35 out of the running, which was long rumored to have persistent mechanical software glitches, this could have huge geopolitical consequences considering current multiplying issues of contention between the US and Germany, not least of which goes to the heart of NATO strategic nuclear readiness

F-35 joint strike fighter, via Lockheed Martin ​​​​

A final decision will be made pending delivery of detailed information from from Boeing and Airbus about their respective aircraft, which must be able to carry and deliver US nuclear weapons in accord with Germany’s NATO obligations, and which further must be certified by Washington to carry the nukes. 

This presents a number of potential fault lines that could crack open wide the US-German relationship, and with implications for broader NATO defense, especially related to German Air Force ability to carry American nuclear warheads.  

However, it should be noted that Lockheed spokesman Mike Friedman said in an emailed statement published by Defense News that Lockheed has yet to be notified the F-35 has been dropped from consideration:

“We have not been officially notified of a decision on Germany’s future fighter. The F-35 delivers unmatched value as the most capable and lowest life-cycle cost aircraft, while delivering the strongest long-term industrial and economic opportunities compared to any fighter on the market. As the foundation of NATO’s next generation of air power, the F-35 is the most advanced aircraft in the world today, and includes Electronic Attack capabilities well beyond any specialized fourth generation aircraft.”

We reported previously via Rabobank’s Michael Every the domino effect of worsening crises that could result at a time Germany and other EU leading countries feel increasingly emboldened to break from the Trump administration on a number of issues, foremost being the newly launched INSTEX alternate payment vehicle for Iran, intended to bypass US sanctions and the SWIFT system.

The implications and potentially explosive unresolved geopolitical questions Rabobank listed are as follows

  • Germany won’t be buying US planes and so not only doesn’t it spend enough on NATO now, but even if it does ever spend, that cash won’t flow to the US to rebalance trade between the two

  • Only the F-35 is compatible with the US tactical nuclear deterrent, so Germany won’t be under that NATO shield, unless the US signs off on a Eurofighter alternative – why should it, considering the Eurofighter is seen as out of date?

  • Indeed, given EU-US tensions over geopolitics, e.g., EU insistence on trying to circumvent the US sanctions on Iran Trump just said are so important, does anyone see this ending well for US-EU trade relations?

  • And circling back, what if the US does strike a China trade deal, and only US firms get the benefits, not EU? That said, yesterday also saw news that the EU is considering a ban on Huawei for 5G too, so it also seems to be hedging its bets.

  • Yet overall, with no US F-35 exports ahead I am not sure if Germany realizes what it is doing (it seems blithely unaware of a whole host of problems it is creating for everyone, after all); suffice to say that this issue could create as much market fire as the spiciest chili.

Notably, the Typhoon has never been certified by Washington to carry American-made nuclear bombs, and should it be the replacement of choice for the phase out of some 90 jets, it puts US-German relations and indeed NATO strategic posture itself between a rock and a hard place. 

There’s the other possibility that Germany could split the buy between the Typhoon and the F-18 Super Hornet, which is currently in use by the US Navy — a potential compromise which though more costly in terms of having to maintain dual supply chains — could be a way out of a potential nuclear certification showdown.  

via ZeroHedge News http://bit.ly/2Rwtapb Tyler Durden

Lancet Report Calls for a Global War on Meat and Sugar: New at Reason

A Lancet Commission Report released this week calls for a global campaign to combat obesity, malnutrition, and climate change. The report, The Global Syndemic of Obesity, Undernutrition, and Climate Change, claims these problems share a common cause and, hence, may be fixed with a common solution.

The concept of a “syndemic”—basically, two or more related pandemics—is pretty novel. So is tying climate change to both the overconsumption and underconsumption of calories. But the solution the authors propose will sound frustratingly familiar. In short, writes Baylen Linnekin, their big fix is to treat food companies like tobacco companies and tax meats and sugary food and drink.

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“Illiberal Democracy”: Why Viktor Orban’s Fan Base Keeps Growing In Europe

Authored by Tim Kirby vioa The Strategic Culture Foundation,

The European Commission is going to start “legal procedures” against Hungary for criminalizing support for migrants within the nation’s borders according to Reuters. This presents an interesting case of both free speech and national sovereignty. Hungary is violating the concept of free speech and freedom of association by forcing individuals to not support migrants, while the European Commission is also against acting directly against these “Western values” by trying to force Hungarians to do the opposite and deliberately using force to change a nation’s opinion which brings the role of the nation-state in the EU back into question.

Hungary, despite being deep in the Postmodern Empire itself has many growing critical ideological differences with the bloc of nations that cannot be reconciled. Prime Minister Viktor Orban has many times called for the EU to return to its Christian roots in both rhetoric, and far more importantly, policy. And unlike many supposed “Euro-skeptics” Orban’s government has actually built a wall and routed the flow of migrants away from Hungary. This is action and not just populist words to pacify dissent. The European Commission finds this lack of support for migrants to be some sort of violation of human rights. However due to such actions by Orban “fan base” is growing in the European “silent majority”.

Furthermore, Orban himself is reputed to have coined the term “Illiberal Democracy” as the name for what he and many in especially Eastern Europe see as a possible new political theory for the 21st century.

As you might imagine the average ultra-Postmodern ultra-Liberal Brussels bureaucrat is not particularly thrilled with any of Orban’s moves (despite their massive popular support in Hungary) especially his desire to create some sort of competing ideology to the status quo. That in today’s medieval Europe is blasphemy. At times it seems as if the only thing that Hungary and the EU agree on (for now at least) is that Hungary is a European nation.

The only real punishment that could be enacted on Hungary by the European Commission, if found “guilty”, would be some form of sanctions. However, this means that if the organizers of the union have the power to punish members of said union then those members are actually subjects of it, not free willed “members”. Even if you are against Orban and his policies one has to admit that if the EU is to be a group of nations working together no one should have the power to punish “misbehavior”. Nor should they be able to economically attack the civilians (this is whom sanctions harm the most) of their so-called allies.

“The United States of Europe” would be a much better name for the “European Union” than its current branding because it is far more accurate, as the EU is beginning to resemble the US more and more. Ohio may have different speed limits than Massachusetts but it will not under any circumstances be allowed to go against Washington’s policies. Some conspiracy theorists say that some sort of Federalization is the ultimate goal for the EU. The threats coming from Brussels sure seem to make these conspiracy theories look more closer to conspiracy fact.

Besides the hypocrisy, one major question is just how will good Europe punish bad Europe with sanctions within the framework of a block of nations with total free trade and open borders? Sanctioning closed off Russia is one thing, but how does one go about economically striking realm of the Magyars?

One punishment that could actually be devastating for Hungary (in the short term) would be being ejected from the EU entirely. This would create a geopolitical nightmare of Hungary as the landlocked nation would be surrounded on nearly all sides by the EU with the exception of a small border with pro-European (yet also war-torn and collapsing) Ukraine to the East and economically limited but possibly friendly Serbia to the south. Serbia is a wonderful place with wonderful people but relying on it for an economic outlet will not work. Hungary getting the boot would give it the same destiny as many of the former Soviet Republics being torn from deep economic ties instantly then being forced to build new ones with absolutely no wealth to accomplish the task.

The threat of being completely removed from the European Union would force Orban to back down or at least make some concessions, however if they were to do this it could cause major blowback.

Orban and his popular policies did not come from out of nowhere or some sort of personal gripes. Orban hated Hungary being dictated to by Moscow during Communism and hates it being dedicated to from Brussels now. Discontent for the EU continues to grow and the “ejection” of one member could lead to further instability and a possible domino effect. In many ways economies live or die based on “confidence” in them, an ejection from the EU could create a crisis of said financial confidence.

We can see that surprisingly Orban actually has the strong hand for the moment. His policies feed his popularity, so as long as he keeps pushing hard for a more independent pro-Hungarian Hungary he will stay in power and so long as he is in power he can push for more independent Hungary (however, one cannot rule out a western-backed anti-Orban “color revolution”). The EU really has no means to punish him and any attempts to do so just show how restrictive and repressive the EU can be to the masses and trying to eject Hungary from the Brusselsreich could backfire violently.

Well played Mr. Orban

via ZeroHedge News http://bit.ly/2G4TOEz Tyler Durden

New Images Appear Of Russian Autonomous, Unmanned “Hunter” Drone

The world first got wind of Russia’s massive, 20-ton stealth drone fighter last summer when Russian defense industry sources told TASS, a Russian state-owned media outlet:

According to the defense official, the sixth generation jet program “has not yet taken full shape, its main features are already known.”

“First of all, it should be unmanned and capable of performing any combat task in an autonomous regime. In this sense, the stealth drone will become the prototype of the sixth generation fighter jet,’ the source said, adding that the drone will be able to “take off, fulfill its objectives and return to the airfield.”

“However, it will not receive the function of decision-making regarding the use of weapons – this will be decided by a human,” he said.

Well, as LiveJournal now reports, new images of the first prototype of the unmanned recon-strike drone – nicknamed “Hunter” – have been taken at the airdrome of the Novosibirsk Aviation Plant.

This model is undergoing factory ground tests there from November 2018. The start of the prototype flight tests of the prototype is scheduled for 2019.

Another defense expert told TASS that the single-engine Okhotnik (“Hunter” in Russian) stealth drone has a top speed of roughly 621 mph (.809 Mach), and would start flight tests in the second half of this year.

“The Russian Defense Ministry and the Sukhoi Company signed a contract for developing the 20-ton Okhotnik (Hunter) heavy unmanned strike aircraft in 2011. The drone’s mock-up model was made in 2014. According to unconfirmed reports, composite materials and anti-radar coating were used to create the Okhotnik. The drone is equipped with a reaction-jet propulsion and is supposed to develop a speed of 1000 kilometers per hour,” said TASS.

As we noted previously,  Sam Bendett, a researcher at the CNA Corporation and a member of CNA’s Center for Autonomy and AI, told Defense One, “Sounds like Russia wants everything to be included into the new design at once. In reality, they will probably have to compromise, selecting more realistic qualifications for the new aircraft. Most importantly, this will be an expensive endeavor, further pushing Russian designers and the Ministry of Defense to be more selective in approving the final aircraft specs. However, some qualifications, like optional manning, autonomy and some form of artificial intelligence will probably be included.”

Bottom line, said Bendett:

“Ohotnik is barely flying yet and some time will pass before it becomes an operational variant. Nonetheless, this unmanned aerial vehicle and Russia’s future combat aircraft plans offer a glimpse into Moscow’s thoughts on future warfare.”

Defense One notes that Russia’s new stealth jet could include radio-photon radar, anti-radar skin, directed energy and electromagnetic weapons, and have the ability to store missiles and precision-guided bombs internally.

via ZeroHedge News http://bit.ly/2UBWbBF Tyler Durden

How The Euro Enabled Europe’s Debt Bubbles

Authored by Alasdair Macleod via GoldMoney.com,

It’s the twentieth anniversary of the euro’s existence, and far from being celebrated, it is being blamed for many – if not all – of the Eurozone’s ills. 

However, the euro cannot be blamed for the monetary and policy failures of the ECB, national central banks and politicians. It is just a fiat currency, like all the others, only with a different provenance. All fiat currencies owe their function as a medium of exchange from the faith its users have in it. But unlike other currencies in their respective jurisdictions, the euro has become a talisman for monetary and economic failures in the European Union.

The Birth of the Euro

To swap a number of existing currencies for a wholly new currency requires the users to accept that the purchasing powers of the old will be transferred to the new. This was not going to be a certainty, and the greatest reservations would come from the people of Germany. Germans saved, and therefore risked the security of their deposits in a new money and monetary system. They were reassured by the presence of the hard-money men in the Bundesbank, who had a mission to protect the mark’s characteristics against the weaknesses that would almost certainly be transferred into the new euro from more inflationary currencies.

These anxieties were assuaged to a degree by establishing the ECB in Frankfurt, close to the watchful eye of the Bundesbank. The other nations were sold the project as bringing greater monetary stability than offered by their individual currencies and the reduction of cross-border transaction costs. Borrowers in formally inflationary currencies also relished the prospect of lower interest rates.

It was clear at the outset that the new omnibus euro required new disciplines, and it was here that the system failed from the outset. Having sensibly set out the euro’s parameters in the Maastricht Agreement, political considerations then took over. The raison d’être of the euro, so far as the politicians were concerned, was to further the European Project and getting countries into the new Eurozone became more important than compliance with the terms. 

The terms had been set in the Maastricht Treaty in February 1992, which was signed by the twelve members of the pre-existing European Community. To qualify, membership in the euro required an inflation rate no more than 1.5% higher than the average rate of the three lowest member states, a fiscal deficit of no more than 3% at the end of the preceding fiscal year, a ratio of gross government debt to GDP of no more than 60%, membership of the exchange rate mechanism for two years without devaluation, and long-term interest rates no more than 2% higher than the inflation rates of the three lowest inflation rates.

This was sensible stuff but was then ignored by the Maastricht signatories. Only Luxembourg fully qualified for membership under the Maastricht terms.

Even the EU’s sheet-anchor, Germany, failed. Her budget deficit in 1996 was 4% of GDP. France’s was managed (manipulated?) down to 4% from 5%. Greece’s budget deficit after some very creative accounting was shown as 8%, and Italy’s must have had a papal blessing, because it miraculously fell from 8% to 4%.

Germany’s government debt to GDP in 1996 embarrassingly just exceeded the 60% criteria level set at Maastricht. Belgium’s stood at 130%, Italy’s at 124%, and Greece’s (reportedly) at 110%. (What debt? We see no debt!)

Of the original Maastricht signatories, only France and the UK squeezed through on this condition.

Despite this fudge, ten of the twelve Maastricht signatories went ahead and adopted the euro in 1999 and as circulating currency in 2002. The UK had dropped out of the EMU in September 1992, and Greece was so obviously non-compliant its entry was delayed by two years.

A Middle Road on Interest Rates

Until the Lehman crisis, national interest rates had converged toward Germany’s under the aegis of a common monetary policy. The ECB’s interest rate policy was necessarily a compromise. At one end of the spectrum were the low rates previously enjoyed by the economies with solid savings rates. These were Germany, Luxembourg, Finland, the Netherlands, and Austria. 

At the other end were the bad boys: notably Greece and Italy. In 1992, when Maastricht was signed, Greece’s overnight lending rate was 28%. By 1996, when the Commission released its first convergence report, it had fallen to 12.8%. When Greece joined the euro in 2001, it had fallen to 3.3%. Italy’s 3-month interbank rate fell from 13% to 9%, and then to 3.4% at these same times.

The ECB’s task was not helped by the careless assumption that savings rates were a drag on consumption. Capital which had originated as credit expansion instead of genuine savings migrated to nations with higher bond yields, first as a trickle but then in increasing quantities as confidence grew that monetary unification under the euro was there to stay. This being the case, it was believed by investors that investing in Italian and Spanish debt was as safe as investing in German and French debt for less return.

The capital flows into these savings-starved nations boosted their asset prices and GDPs. And the more that credit-originated capital flooded into them, the more asset prices and GDPs benefited. This meant that based on improving statistics, the euro was deemed a great success, lifting the Mediterranean nations out of poverty. The reality was that capital flows ended up in malinvestments and government profligacy. No one thought to complain, and Germany’s sound-money men were silenced by those who pointed to Germany’s growing exports to the high-spending euro members.

Financing Bubbles and Sowing the Seeds of Today’s Crises

In this manner, the ECB’s monetary policy gave impetus to localized credit cycles, particularly for the PIGS and Ireland. Asset booms were turned into bubbles, which finally burst in the wake of the Lehman crisis. The EU’s monetary system was then saddled with trillions of euros of debt that could never be repaid, and the PIGS suddenly found further finance from the markets was unavailable. Interest rate convergence was reversing. Furthermore, the whole Eurozone banking system was threatened with collapse, which always happens when extreme credit bubbles go pop.

Member states had no realistic option but to bail out their banks, and public sector borrowing rocketed, funded by the EU, the ECB, and the IMF. The crisis in Greece was worsened when in late 2009 the government was forced to admit it had lied about its budget deficit for years, and finally admitted to a far higher current-year deficit than previously disclosed. Greece’s 2009 budget deficit was doubled from about 7.5% to 15.1%. The rise in bond yields meant Greece was unable to continue to fund her deficits and roll over existing debt and capital fled to supposedly safer Eurozone jurisdictions.

The Greek crisis is likely to serve as an instructive prelude to numerous other crises that will emerge during the next bust — especially in Italy.

But don’t blame the euro itself. When we blame the euro for these ills, we’re letting politicians and central bankerswho have only ever viewed the euro as a stepping-stone toward their grand objectives off the hook.

via ZeroHedge News http://bit.ly/2DO7KAb Tyler Durden

Your Complete Guide To The NYTimes’ Support Of US-Backed Coups In Latin America

Authored by Adam Johnson via TruthDig.com,

Last week, The New York Times continued its long, predictable tradition of backing U.S. coups in Latin America by publishing an editorial praising Donald Trump’s attempt to overthrow Venezuelan President Nicolas Maduro. This will be the 10th such coup the paper has backed since the creation of the CIA over 70 years ago.

A survey of The New York Times archives shows the Times editorial board has supported 10 out of 12 American-backed coups in Latin America, with two editorials—those involving the 1983 Grenada invasion and the 2009 Honduras coup—ranging from ambiguous to reluctant opposition. The survey can be viewed here.

Covert involvement of the United States, by the CIA or other intelligence services, isn’t mentioned in any of the Times’ editorials on any of the coups. Absent an open, undeniable U.S. military invasion (as in the Dominican Republic, Panama and Grenada), things seem to happen in Latin American countries entirely on their own, with outside forces rarely, if ever, mentioned in the Times. Obviously, there are limits to what is “provable” in the immediate aftermath of such events (covert intervention is, by definition, covert), but the idea that the U.S. or other imperial actors could have stirred the pot, funded a junta or run weapons in any of the conflicts under the table is never entertained.

More often than not, what one is left with, reading Times editorials on these coups, are racist, paternalistic “cycle of violence” cliches. Sigh, it’s just the way of things Over There. When reading these quotes, keep in mind the CIA supplied and funded the groups that ultimately killed these leaders:

  • Brazil 1964: “They have, throughout their history, suffered from a lack of first class rulers.”
  • Chile 1973: “No Chilean party or faction can escape some responsibility for the disaster, but a heavy share must be assigned to the unfortunate Dr. Allende himself.”
  • Argentina 1976: “It was typical of the cynicism with which many Argentines view their country’s politics that most people in Buenos Aires seemed more interested in a soccer telecast Tuesday night than in the ouster of President Isabel Martinez de Perlin by the armed forces. The script was familiar for this long‐anticipated coup.”

See, it didn’t matter! It’s worth pointing out the military junta put in power by the CIA-contrived coup killed 10,000 to 30,000 Argentines from 1976 to 1983.

There’s a familiar script: The CIA and its U.S. corporate partners come in, wage economic warfare, fund and arm the opposition, then the target of this operation is blamed. This, of course, isn’t to say there isn’t merit to some of the objections being raised by The New York Times—whether it be Chile in 1973 or Venezuela in 2019. But that’s not really the point. The reason the CIA and U.S. military and its corporate partisans historically target governments in Latin America is because those governments are hostile to U.S. capital and strategic interests, not because they are undemocratic. So while the points the Times makes about illiberalism may sometimes be true, they’re mostly a non sequitur when analyzing the reality of what’s unfolding.

Did Allende, as the Times alleged in 1973 when backing his violent overthrow, “persist in pushing a program of pervasive socialism” without a “popular mandate”? Did, as the Times alleged, Allende “pursue this goal by dubious means, including attempts to bypass both Congress and the courts”? Possibly. But Allende’s supposed authoritarianism isn’t why the CIA sought his ouster. It wasn’t his means of pursuing redistributive policies that offended the CIA and U.S. corporate partners; it was the redistributive policies themselves.

Hand-wringing over the anti-democratic nature of how Allende carried out his agenda without noting that it was the agenda itself—not the means by which it was carried out—that animated his opponents is butting into a conversation no one in power is really having. Why, historically, has The New York Times taken for granted the liberal pretexts for U.S. involvement, rather than analyzing whether there were possibly other, more cynical forces at work?

The answer is that rank ideology is baked into the premise. The idea that the U.S. is motivated by human rights and democracy is taken for granted by The New York Times editorial board and has been since its inception. This does all the heavy lifting without most people—even liberals vaguely skeptical of American motives in Latin America—noticing that a sleight of hand has taken place. “In recent decades,” a 2017 Timeseditorial scolding Russia asserted, “American presidents who took military action have been driven by the desire to promote freedom and democracy, sometimes with extraordinary results.” Oh, well, good then.

What should be a conversation about American military and its covert apparatus unduly meddling in other countries quickly becomes a referendum on the moral properties of those countries. Theoretically a good conversation to have (and one certainly ongoing among people and institutions in these countries), but absent a discussion of the merits of the initial axiom—that U.S. talking heads and the Washington national security apparatus have a birthright to determine which regimes are good and bad—it serves little practical purpose stateside beyond posturing. And often, as a practical matter, it works to cement the broader narrative justifying the meddling itself.

Do the U.S. and its allies have a moral or ethical right to determine the political future of Venezuela? This question is breezed past, and we move on to the question of how this self-evident authority is best exercised. This is the scope of debate in The New York Times—and among virtually all U.S. media outlets. To ante up in the poker game of Serious People Discussing Foreign Policy Seriously, one is obligated to register an Official Condemnation of the Official Bad Regime. This is so everyone knows you accept the core premises of U.S. regime change but oppose it on pragmatic or legalistic grounds. It’s a tedious, extortive exercise designed to shift the conversation away from the United States’ history of arbitrary and violent overthrows and into an exchange about how best to oppose the Official Bad Regime in question. U.S. liberals are to keep a real-time report card on these Official Bad Regimes, and if these regimes—due to an ill-defined rubric of un-democraticness and human rights—fall below a score of say, “60,” they become illegitimate and unworthy of defense as such.

While obviously not in Latin America, it’s also worth noting that the Times cheerled the CIA-sponsored coup against Iran’s President, Mohammad Mossadegh, in 1953. Its editorial, written two days after his ouster, engaged in the Times’ patented combination of victim-blaming and “oh dear” bloviating:

  • “The now-deposed Premier Mossadegh was flirting with Russia. He had won his phony plebiscite to dissolve the Majlis, or lower House of Parliament, with the aid of the Tudeh Communists.”
  • “Mossadegh is out, a prisoner awaiting trial. It is a credit to the Shah, to whom he was so disloyal, and to Premier Zahedi, that this rabid, self-seeking nationalist would have been protected at a time when his life would not have been worth the wager of a plugged nickel.”
  • “The Shah … deserves praise in this crisis. … He was always true to the parliamentary institutions of his country, he was a moderating influence in the wild fanaticism exhibited by the nationalists under Mossadegh, and he was socially progressive.”

Again, no mention of CIA involvement (which the agency now openly acknowledges), which the Times wouldn’t necessarily have had any way of knowing at the time. (This is part of the point of covert operations.) Mossadegh is summarily demonized, and it’s not until decades later the public learns of the extent of U.S. involvement. The Times even gets in an orientalist description of Iranians, implying why a strong Shah is necessary:

[The average Iranian] has nothing to lose. He is a man of infinite patience, of great charm and gentleness, but he is also—as we have been seeing—a volatile character, highly emotional, and violent when sufficiently aroused.

Needless to say, there are major difference between these cases: Mossadegh, Allende, Chavez and Maduro all lived in radically different times and championed different policies, with varying degrees of liberalism and corruption. But the one thing they all had in common is that the U.S. government, and a compliant U.S. media, decided they “needed to go” and did everything to achieve this end. The fundamental arrogance of this assumption, one would think, is what ought to be discussed in the U.S. media—as typified by the Times’ editorial board—but time and again, this assumption is either taken for granted or hand-waved away, and we all move on to how and when we can best overthrow the Bad Regime.

For those earnestly concerned about Maduro’s efforts to undermine the democratic institutions of Venezuela (he’s been accused of jailing opponents, stacking the courts and holding Potemkin elections), it’s worth pointing out that even when the liberal democratic properties of Venezuela were at their height in 2002 (they were internationally sanctioned and overseen by the Carter Center for years, and no serious observer considers Hugo Chavez’s rule illegitimate), the CIA still greenlit a military coup against Chavez, and the New York Times still profusely praised the act. As it wrote at the time:

With yesterday’s resignation of President Hugo Chávez, Venezuelan democracy is no longer threatened by a would-be dictator. Mr. Chávez, a ruinous demagogue, stepped down after the military intervened and handed power to a respected business leader, Pedro Carmona.

Chavez would soon be restored to power after millions took to the streets to protest his removal from office, but the question remains: If The New York Times was willing to ignore the undisputed will of the Venezuelan people in 2002, what makes anyone think the newspaper is earnestly concerned about it in 2019? Again, the thing that’s being objected to by the White House, the State Department and their U.S. imperial apparatchiks is the redistributive policies and opposition to the United States’ will, not the means by which they do so. Perhaps the Times and other U.S. media – living in the heart of, and presumably having influence over, this empire – could try centering this reality rather than, for the millionth time, adjudicating the moral properties of the countries subject to its violent, illegitimate whims.

via ZeroHedge News http://bit.ly/2HKi8gE Tyler Durden

Robots Call Americans An Average Eight Times A Month

While Americans talk on the phone less often, robots seem to be more keen to do so…

Statista’s Katharina Buchholz notes that an analysis by spam protection app provider Hiya has found that 26.3 billion calls were placed by machines in the U.S. in 2018 – and that most robots were up to no good.

Infographic: Robots Call Americans an Average Eight Times a Month | Statista

You will find more infographics at Statista

The company estimates that the number is an increase of 46 percent in robocalls over 2017. Considering that there were 274 million mobile phone plan subscribers in the U.S. in 2018, robots called every mobile phone user an average of eight times a month. Robots were used to scam people with fake vouchers or lottery wins. Other phone users were charged when calling back an overseas number.

The biggest segment of calls made by robots were just annoying spam (32.1 percent), according to Hiya. Cases of actual fraud amounted up to an estimated 25.5 percent of all robocalls made. Another 24.7 percent of calls were placed by telemarketer machines.

Texas was the state most heavily targeted by robocalls in 2018, in part due to the fact that a popular scam had machines call people and tell them they won a free trip or the like with Dallas-based company Southwest Airlines.

via ZeroHedge News http://bit.ly/2MJOir9 Tyler Durden

Trump’s Withdrawals From Afghanistan & Syria Are Hardly “A Gift To Putin”

Authored by Stephen Cohen via The Nation,

Manichaean Cold War myopia and ludicrous Russiagate allegations have produced one of the worst periods of American “geopolitical” thinking in recent decades. Consider President Trump’s recently announced withdrawals of US forces from Syria and Afghanistan. Instead of applauding these long-overdue steps, the bipartisan US political-media establishment has denounced them as “Trump’s gifts to Putin.”

But why would Russian President Putin want to be without the United States as an ally in the fight against terrorists in these two countries, which Moscow has long regarded as its geopolitical backyard?

In Syria, where, as Putin has repeatedly warned, thousands of jihadists with Russian passports have appeared and vowed, if they take Damascus, to return to Russia and wage the same war there?

And why even more in Afghanistan, where ever since the Soviet invasion in 1979, Moscow has worried that victorious Afghan terrorists and their foreign allies – by whatever name in whatever organized form – will flow through Central Asia into Russia, along with the indigenous Afghan war-funding crop, opium poppy? (Heroin addiction, fostered by cheap Afghan opium, is already reaching epidemic proportions in Russia.)

Unlike a large segment of the US policy-media elite, Putin can think geopolitically in his nation’s clear national interests. For 17 years, he has sought a full anti-terrorist alliance with the United States—first with President George W. Bush after 9/11, then with President Barack Obama, always in vain. As a candidate and then as president, Trump has seemed to want to seize the opportunity, but has been thwarted by Russiagate zealots, primarily Democrats, though not only.

Now we are told that Trump did something “treacherous” by meeting privately with Putin without adequate witnesses or note-keeping. His Russiagate accusers know history as poorly as they understand American national security. President Richard Nixon, for example, once met with Soviet leader Leonid Brezhnev with only Brezhnev’s translator present.

We should hope instead that in their necessarily secret meetings—there are enemies of cooperation in high places on both sides—Trump and Putin discussed expansive US-Russian cooperation against organized international terrorists, who are in pursuit of radioactive materials to make their explosions more lethal, whether the threat be abundantly visible in Syria and Afghanistan or silently incubating again in Europe and in Russia—or in our own country.

The Bulletin of the Atomic Scientists has reset its cautionary doomsday clock ever closer to midnight. The growing dangers of a new nuclear arms race also require the kind of US-American cooperation that has been badly shredded by the New Cold War and by unproven Russiagate allegations. But international terrorism has already repeatedly struck midnight. Is that not late enough to let Trump and Putin do what they can for the sake of everyone’s security, as American presidents and Kremlin leaders have previously done—and were expected to do?

via ZeroHedge News http://bit.ly/2TrU6Z8 Tyler Durden

Canadian Company Soars 90% After Winning “POT” Ticker Symbol Lottery

The ticker symbol “POT” was so sought after in Canada, the exchange actually had to have a lottery in order to determine which company was going to “win” the symbol. 

And to the victor go the spoils – a small Vancouver based pot company called Weekend Unlimited Inc. was deemed to be the winner of the lottery and saw its shares soar as much as 90% in trading on Friday as a result. The company also trades under WKULF on the U.S. OTC Markets.

The company had been listed on the Canadian stock exchange since October 15, two days before the country legalized recreational marijuana. And since these days nobody seems to have an attention span longer than the actual ticker, the comany was previously trading under the ticker “YOLO”, an acronym for “you only live once”. 

Alas, the stock’s performance had been downright ugly… up until Friday. YOLO was down by about 57% since its first day of trading, bringing its market cap to C$28.6 million. As for the ticker “POT”, it was previously owned by Potash Corporation. When it became available in Canada about a week ago, 40 companies reportedly applied for it.

TMX Group CEO Paul Chu said: “The POT lottery served to raise the profile of Canada’s leadership in legal recreational cannabis and we believe it will also serve to raise Weekend Unlimited’s profile.” 

Meanwhile, the AdvisorShares Pure Cannabis ETF filed with the U.S. Securities and Exchange Commission to take over the “YOLO” symbol that Weekend Unlimited has left behind. 

via ZeroHedge News http://bit.ly/2BbB6GX Tyler Durden