Why NATO’s Official Purpose Makes No Sense, but It Is Likely To Outlive Us All

Authored by Tim Kirby via The Strategic Culture Foundation,

This year marks the 70th anniversary of the founding of NATO, but the question is, is this a happy birthday for a lively meaningful organization or time for us to pull the plug on a Cold War dreg that has lived well past its purpose?

After WWII it was inevitable that there would be a conflict between the Liberal Capitalist world and the growing Red Communist one. Perhaps if the Soviet Union would have resigned itself to being the only Communist nation rejecting any form of proselytization and rebranding itself as some kind of Democracy B as a mild alternative to the West’s Democracy A then the Cold War could have been avoided.

But this did not happen and was very unlikely to do so. The motto of the Soviet Union on its seal was “Workers of the World Unite!”. That was workers of the “world” not “only Russia”. So it is not surprising that the West took a preemptive move and formed NATO to gang up on the USSR.

However now the Soviet Union is dead and gone. NATO fulfilled its mission a little after turning 40. Sadly rather than phasing out and riding off into the sunset it had a midlife crisis, bought a Camaro and continued to not only exist but expand and bomb. But should it exist? Why is this organization still around at 70 years old posing as if we are still living in some sort of Cold War dynamic where if we don’t bomb Libya back to the stone age somehow Belgium and Greece will fall to evil ideologically different invaders.

NATO relies heavily on the idea that the weakest members benefit from being treated as “equals” in the security organization. Many tiny nations would be militarily helpless otherwise. At first this logic makes sense. Little nations need a boost to help them maintain a stable defense.

For example, the smaller nations who allied with Nazi Germany in/before WWII avoided their Deutsch wrath via submission. By NATO logic they were made vastly “stronger” by being part of the Axis/Tripartite Pact. The Nazis did have arguably the best military in the world at that time which would bump up weaker allies for sure. But in turn could weak Bulgaria and Romania really make any demands from Germany? Could Germany get their allies to do what the Reich wanted?

Weak members of an alliance are never equal members with a voice, they are merely submissive states who fear the whip of their masters who are more benevolent than some other potential master, and this is what we see in many NATO members today who have absolutely neither an economy nor military of any worth to offer allies.

Interestingly, NATO seems to acknowledge that some people might be baffled as to why it continues to exist and by making a video about the very topic they somewhat subconsciously confirm the doubters’ beliefs.

So NATO in its own PR declares that its current missions, which are too big for any one nation to handle, are the following…

  • Protect against an “assertive” Russia.

  • Deal with the “deteriorated” security situation in Africa and the Middle-East which cause migration and terror attacks.

  • Promoting “international efforts” (whatever that means) to project stability and strengthen security outside of NATO territory.

  • Dealing with WMD’s, Cyber Attacks, and threats to Energy Supplies and deal with Environmental Challenges with “security implications”.

So let’s evaluate these points to see if NATO should shoot for for an 80th birthday and beyond.

Protecting Against an Assertive Russia

During the 90’s Russia would have been willing to join NATO. Russia is very powerful but still a distant third on the world stage. Furthermore, in a world of mutually assured destruction, Russia is only capable of maybe retaking lost friendly territory that those in power in America cannot find on a map or helping foreign nations help themselves win wars like they did in Syria.

Russia as it is today is not very assertive and always plays a reactive role to the West. An assertive Russia would have taken the majority of the Ukraine which it considers to be an inherent and ancient part of Russia itself. Only being able to take the Crimea reveals that Russia still has far to go before becoming a “threat” to Europe again. In terms of the grand chessboard of the former USSR, Russia is usually spending its turns escaping from being in check.

The Deteriorated Security Situation in Africa and the Middle-East

This has been caused by NATO itself committing regime changes in stable nations. If NATO had disbanded in 1991 the security situation in these regions would be exponentially better.

Promoting International Efforts” to Project Stability and Strengthen Security Outside of NATO Territory.

Projecting Stability is just coded language for terrifying others into submission. This is a normal part of human history and NATO like all militaries should do this, however they should be more honest about it. If one is to act like the Romans or Mongols and put the fear of God into their enemies with the threat of war then they could at least do so boldly.

The key words here that raise eyebrows are “outside of NATO territory”. Meaning that an organization founded for the “defense” of its members must by its own officially stated objectives work outside of its own territory proving that their mission is not defense but a form of preemptive offense.

Dealing with WMD’s, Cyber Attacks, Threats to Energy Supplies and Environmental Challenges with “Security Implications”.

Every powerful military has WMD’s. If they mean getting them out of the hands of Non-State actors then NATO should try to not allow any of its members to sell weapons to non-member entities. Why does defense against cyber attacks require NATO? Threats to energy supplies is coded language for wars for oil. Dealing with the environment militarily is just stupid but it sounds trendy and caring, so why not?

As you can see none of the official arguments for the continued existence of NATO is particularly convincing. By their own logic NATO exists to deal with the problems it causes by itself, fight against an assertive enemy that backs down from fighting it, terrify foreigners outside its borders into submission as a form of collective defense and deal with vague issues and security threats to the environment vaguely.

These arguments are not convincing to anyone, and probably not even to the member states of NATO themselves. As we blow out the 70 candles on the NATO cake everyone knows that this organization is a farce living on via historical inertia alone. The only real purpose it has is to keep much of Europe under the Washington yoke which means that in all likelihood it will outlive us all. Happy Birthday!

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

China’s Special Forces To Station In Zimbabwe, Build Secret Underground Base To Protect Natural Resource Claims

Spotlight Zimbabwe has reported that China is preparing to station elite special forces in Zimbabwe, as Beijing increases military cooperation with Harare, amid concerns that the Asian powerhouse is set to construct a secret underground military base in the country.

The new report comes one year after Spotlight Zimbabwe revealed that China installed next-generation surface-to-air missiles (SAM) in the country, the same ones that are deployed to the South China Sea on Woody Island.

China’s new military base is set to protect its large diamond claims and gold mines across the country, where some of its SAM launchers are already located.

According to a former minister of ex-leader President Robert Mugabe’s administration, China has been planning on sending their special forces to the country since 2014 “to offer technical assistance and support” to the Zimbabwe National Army (ZNA). However, Mugabe called off the plan several years ago, after accusing the Chinese of corruption, and the plunder of natural resources in Marange.

“They (China) have been itching to set a permanent military presence in this country, to protect their vast economic interests here but Mugabe was resisting the overtures,” said the former cabinet minister. “Although the cover argument was around offering technical assistance and support to our armed forces, it later became clear that Mnangagwa had his own agreement and arrangements with China. This infuriated Mugabe, and it was also during the same period Mnangagwa had first traveled to China as vice president, holding high-level meetings which his boss had not fully been briefed on. The incident increased Mugabe’s political mistrust for Mnangagwa, whom he suspected was presenting himself to President Xi Jinping, as the best political actor to secure China’s investments in Zimbabwe after he steps down. The rest is history. Mnangagwa has since invited China back to mine diamonds in Marange, and their special force has received the greenlight from vice president Rtd General, Constatino Chiwenga, to find a station in the country. Now there is every reason to believe that Mugabe’s November 2017 ouster, could have been a result of China viewing his stay in power as a threat to their economic investments, especially after having stripped them of diamond mining rights.”

Zimbabwe has seen billions of dollars of Chinese investments over the last few years, mainly in critical economic sectors of mining, agriculture, and telecommunications. The investments are part of the Belt and Road Initiative (BRI), an ambitious effort to improve regional economies on a trans-continental scale. It aims to strengthen infrastructure, trade, and investment between China and 65 other countries that collectively account for 30% of global Gross Domestic Product (GDP), 62% of world population and 75% of known global energy reserves.

President Emmerson Mnangagwa said last month that BRI is a significant improvement of the old Silk Road.

“In the past, there was the Silk Road, and that to a greater extent did not embrace the entire continent. Zimbabwe was only lucky to the extent that 800 to 1000 years ago there was trade between the Munhumutapa Kingdom and China when we imported porcelain and silk from here and in turn you got our ivory.

“But today the Road and Belt Initiative has taken everybody on board so that our economies can talk to each other, so that our economies can help each other modernize and mechanize. We are getting connected and benefiting from each other.

“If you look at the current FOCAC meeting, there are 10 issues that we are going to deal with and these issues are really primary issues that show developing countries like Zimbabwe.

“The issue of transportation, the issue of infrastructure development in our countries . . . we believe that with this relationship under FOCAC where the rest of Africa is making conversations with China, and China helping Zimbabwe and Africa to go up. And when that happens it creates the integration of marketing in China and Africa so we are happy that we are part of this global vision,” he said.

China has indicated that it will invest in Africa with the Agenda 2063 of the African Union, the 2030 Agenda for Sustainable Development of the United Nations, as well as the development strategies of individual African countries.

However, in Zimbabwe’s case, Chinese BRI investments have been followed by a permanent military presence. Now, allegedly, a secret underground military base for special forces is set to be constructed, a move that will certainly anger Washington.

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

Designating Iran’s Revolutionary Guards As Terrorists Will Have Consequences For America

Authored by James Durso, op-ed via The Hill,

America’s designation of the Iranian Revolutionary Guard Corps (IRGC) as a terrorist group is an example of taking a good idea — sanctioning Iranian entities for malign behavior — one step too far.

A former State Department counterterrorism official said of the designation, “The future ramifications of this decision will be profound.” He’s right about that, but “profound” may cut both ways.

In 2007, the U.S. designated the Guard’s overseas operations arm, the Quds Force, for support of terrorist organizations, so the new sanctions will hit the parent organization which is already under sanctions for ballistic missile development and supporting the Bashar Assad regime in Syria.

An Iranian lawmaker responded to the news by saying Iran would regard the U.S. military as no different than the Islamic State, echoing the 2017 statement by the commander of the Guards, Major General Mohammad Ali Jafari, that the Guards would “consider the American army to be like Islamic State all around the world.”

The Department of Defense (DOD) and the CIA reportedly opposed the move, and no wonder: Officials at the National Security Council and the Treasury Department are safe in Washington, D.C., State Department officers in Baghdad labor under restrictive security rules which limit their movements, which leaves the U.S. military and CIA officers exposed.

DOD has opposed this idea for a long time. When it was considered in 2007, the representative of the Joint Chiefs of Staff told his civilian counterparts, “The United States has always carefully avoided declaring military officers engaged in activities sanctioned by their governments as terrorists to avoid the same being done to us.” It could be applied to American special forces officers, who frequently operate clandestinely and have provided military assistance and training to insurgents.

Encounters between the American and Iranian military and security services can go one of three ways:

  • Proxy war: Iraqi militias supported by Iran killed at least 608 American servicemen.

  • Let’s-get-this-over-with: Iran quickly released the U.S. Navy crews who were captured by the IRGC Navy when they wandered into Iranian waters in early 2016.

  • The Beirut option: In the 1980s, the CIA’s Beirut station chief William Buckley and U.S. Marine colonel William Higgins were kidnapped by Iran’s Lebanese Hezbollah allies and died under interrogation. Former FBI agent – and CIA contractor – Robert Levinson disappeared in Iran in 2007, and the FBI, then led by Robert Mueller, was reduced to asking Vladimir Putin’s most loyal oligarch, Oleg Deripaska, to fund his (unsuccessful) rescue.

And the designation won’t just discomfit Americans; Iraqi officials regularly encounter Guards officers whether they want to or not. Quds Force commander Qasem Soleimani regularly visits Iraq, and the last three Iranian ambassadors to Baghdad have been Quds Force officers, so Iraqi officials can expect to be put on notice by the Americans to avoid “terrorists.” Iran is active economically in Iraq, so the designation may be bad for Iraq’s economy. One near-term effect may be to scuttle an effort to import electricity from Iran, badly needed as the country still suffers from power shortages.

America’s timing is bad, as Iran’s “resistance economy” is dragging, and the government has been criticized for its lackluster response to the recent widespread, deadly flooding. These sanctions will just give the mullahs an excuse for their economic mismanagement.

Given the Guard’s penetration of Iran’s economy, new sanctions might enrich it even more. If the economy becomes radioactive to outside investors because the due diligence is too hard, the IRGC could buy the remaining assets at cut-rate prices. If, in the future, the Guard is neutered and sanctions are relaxed, unwinding the sanctioned businesses will take years and will require the approval of the U.S., which will move at the speed of government. This will hobble the post-mullah regime which will be under pressure to improve the lives of newly-free Iranians.

The current U.S. practice of targeting specific people and economic entities for sanctions allows the U.S. to fine-tune its actions and tells the Iranians the U.S. knows who is doing what. Given the Guards economic ubiquity, the terrorist designation is a blanket sanction with unknown consequences, though one might be increased power for the Guards.

The last time a military formation of a sovereign state was declared a criminal organization was when Nazi Germany’s Waffen-SS was condemned for its involvement in war crimes and crimes against humanity. Designating the IRGC a terrorist entity may sound great after that third beer, but is IRGC commander Major General Jafari as bad as Himmler? No.

Terrorism sanctions on Iran’s Revolutionary Guards promise something for everyone, all of it bad: More American hostages, and more money for the Guards. The Americans should ignore the bright, shiny object of terrorism sanctions and remember firm, consistent pressure is the way to win the contest with Iran.

via ZeroHedge News http://bit.ly/2D4FVTL Tyler Durden

Baltimore Dubbed ‘Most Robbed’ City In America 

About a 60-minute drive northeast of Washington D.C., the city of Baltimore is on the verge of collapse.

Thousands of people are fleeing the city each year as total population plummets to 100-year lows. There are about 46,000 vacant rowhomes scattered throughout the area, or roughly 15% of the housing stock is dormant. On a per capita basis, the city has the highest rate of homicides per 100,000 in the country. Opioids from Johns Hopkins and the University of Maryland Medical Center continue to flood the poorest of neighborhoods, leaving the African American communities in a perpetual state of addiction, along with the need for constant government assistance programs. With the local economy basically a black market, gangs roam the streets like a third world country.

The outlook for Baltimore is rather bleak. We have covered the great implosion of Baltimore over the years. The accelerated deterioration restarted after 2015 Baltimore riots. Ever since, the slope of decline has been far steeper than ever seen before.

There is new evidence that verifies our coverage on Baltimore, and we must say – the report doesn’t give hope that a turn around in the city is happening anytime soon.

New evidence from ADT security study that examined FBI statistics shows the town is now the “most robbed” city in America.

Baltimore had the most significant number of robberies per capita – 95.87 for every 10,000 people.

ADT’s analytic analysts “looked at the FBI’s annual crime data [for 2017] for robbery rates to discover which city in each state experienced the most robberies.”

While robberies worsened in Baltimore, they declined nationwide, dropping by 28% between 2008 and 2017.

Some of the safest streets in America are in Boise, Idaho where 2.26 people are robbed per 10,000 people.

Here’s the rest of the most dangerous cities:

  1. Cleveland, Ohio

  2. Oakland, California

  3. St. Louis, Missouri

  4. East Point, Georgia

Wilmington, Delaware ranks no. 8, Chester, Pa. is no. 10.

 

 

via ZeroHedge News http://bit.ly/2FZe1cd Tyler Durden

A New Battle For Tripoli: Preconditions & Prospects

Via SouthFront.org,

Libya has been in a state of the constant chaos since the NATO intervention in 2011. After the fall of the government of Muammar Gaddafi, the country fell into the hands of warrying armed factions, many of which were linked to radical Islamist groups. Al-Qaeda and then ISIS strengthened and expanded their presence in the country. The erupted humanitarian crisis has never been fully overcome. A high level of violence, crime and unsolved humanitarian issues turned Libya in one of the key hubs of arms, drugs and even trafficking. A large number of the refugees moving to Europe uses Libya as a transfer point.

NATO contributed very little efforts to change this situation, defeat terrorism and restore the order. One of the reasons is that the Western-backed Government of National Accord (GNA), based in Tripoli, is itself largely linked to radicals. Groups that declared their support to the GNA control a part of northwestern Libya. The only real anti-terror effort undertaken by pro-GNA forces and their foreign backers took place in 2016, when they moved to chuck ISIS out of the coastal city of Sirte. Despite this, ISIS cells kept a notable presence in the county. The GNA receives support from the US, various EU states, Qatar and Turkey.

The southwestern part of the country is controlled by local Tuareg and Tabu militias. Central, northeastern and southeastern Libya is in the hands of the Libyan National Army (LNA) and the allied to it House of Representatives based in the city of Torbuk.

Over the past few years, the LNA under the leadership of Field Marshal Khalifa Haftar has consolidated control over a major part of the country, sometimes by forming pacts and alliances with local communities like in the south and sometimes by defeating radical militant groups by force. The LNA has also carried out a successful operation against militant and criminal groups in southern Libya. This effort was officially coordinated with the governments of Niger and Chad. Egypt, the UAE and France are often mentioned as the LNA backers. An interesting fact is that wilde media speculations about Russian mercenaries, Special Forces and, if we take into account the British mainstream media, even military bases allegedly deployed and created to support the LNA are barely linked with the reality on the ground. The real Kremlin involvement in the conflict has so far been mostly limited to diplomatic contacts with representatives of at least formally constructive local forces.

On April 4, Field Marshal Haftar officially announced a start of counter-terrorism operation in the area of Tripoli. In the following days, the LNA has made a series of advances capturing large areas south of the city, including Tripoli International Airport, and reached the vicinity of the city. According to local sources, over 40 people were killed or injured in clashes between the LNA and pro-GNA forces. The sides even employed their existing air forces in order to deliver strikes each against other.

However, a coalition of pro-GNA forces, which includes the al-Nuasi Brigade, the Tripoli Revolutionaries Brigade, the Special Deterrence Force, the al-Mahjub Brigade, the 33rd Infantry Brigade, the Abu Obeida al-Zawia Forces, the al-Halbus Brigade and the Usama al-Juwayli Forces, appeared to be able showing some resistance to the LNA only when Haftar-led forces reached the city’s vicinity.

On April 7, the U.S. Army Africa Command (AFRICOM) announced that it had evacuated its troops from the Libyan capital “in response to the evolving security situation” there. This means that Washington expects clashes in the city itself.

The LNA claims that its move to capture Tripoli is not a part of political struggle, but an operation against terrorists who are hiding there. Nonetheless, it’s clear that the LNA advance is another move made in the framework of the previous LNA attempts to put an end to the division of the country into feods controlled by local warlords and to consolidate the governmental power, including the right of use of force, in one hands. In the event of success, it will allow to restore a kind of order in the major part of he country and to crack down on local militant and criminal armed groups that operate freely in the existing power vacuum.

On the other hand, the LNA advance faced a wide criticism on the international level. Foreign powers use the collapse of Libya to exploit its territory and energy resources in own favor are opposing the LNA actions under the banner of the need to defend democracy and prevent humanitarian crisis.

In the event of their success the humanitarian and security situation in Libya will likely continue to deteriorate creating a room for the further expansion of radical groups, first of all ISIS and al-Qaeda, in and contributing to the continuing flow of migrants to Europe.

via ZeroHedge News http://bit.ly/2D6GA6X Tyler Durden

We’re All Being Judged By A Secret ‘Trustworthiness’ Score

Nearly everything we buy, how we buy, and where we’re buying from is secretly fed into AI-powered verification services that help companies guard against credit-card and other forms of fraud, according to the Wall Street Journal

More than 16,000 signals are analyzed by a service called Sift, which generates a “Sift score” ranging from 1 – 100. The score is used to flag devices, credit cards and accounts that a vendor may want to block based on a person or entity’s overall “trustworthiness” score, according to a company spokeswoman.

From the Sift website: “Each time we get an event — be it a page view or an API event — we extract features related to those events and compute the Sift Score. These features are then weighed based on fraud we’ve seen both on your site and within our global network, and determine a user’s Score. There are features that can negatively impact a Score as well as ones which have a positive impact.” 

The system is similar to a credit score – except there’s no way to find out your own Sift score

Factors which contribute to one’s Sift score (per the WSJ): 

• Is the account new?

• Are there are a lot of digits at the end of an email address?

• Is the transaction coming from an IP address that’s unusual for your account?

• Is the transaction coming from a region where there are a lot of hackers, such as China, Russia or Eastern Europe?

• Is the transaction coming from an anonymization network?

• Is the transaction happening at an odd time of day?

• Has the credit card being used had chargebacks associated with it?

• Is the browser different from what you typically use?

• Is the device different from what you typically use?

• Is the cadence of the way you typed out your password typical for you? (tracked by some advanced systems)

Sources: Sift, SecureAuth, Patreon

The system is used by companies such as Airbnb, OpenTable, Instacart and LinkedIn. 

Companies that use services like this often mention it in their privacy policies—see Airbnb’s here—but how many of us realize our account behaviors are being shared with companies we’ve never heard of, in the name of security? How much of the information one company shares with these fraud-detection services is used by other clients of that service? And why can’t we access any of this data ourselves, to update, correct or delete it?

According to Sift and competitors such as SecureAuth, which has a similar scoring system, this practice complies with regulations such as the European Union’s General Data Protection Regulation, which mandates that companies don’t store data that can be used to identify real human beings unless they give permission.

Unfortunately GDPR, which went into effect a year ago, has rules that are often vaguely worded, says Lisa Hawke, vice president of security and compliance at the legal tech startup Everlaw. All of this will have to get sorted out in court, she adds. –Wall Street Journal

In order to optimize scoring “Sift regularly evaluates the performance of our models and tries to minimize bias and variance in order to maximize accuracy,” according to a spokeswoman. 

“While we don’t perform audits of our customers’ systems for bias, we enable the organizations that use our platform to have as much visibility as possible into the decision trees, models or data that were used to reach a decision,” according to SecureAuth Vice President and chief security architect Stephen Cox. “In some cases, we may not be fully aware of the means by which our services and products are being used within a customer’s environment.” 

Not always right

While Sift and SecureAuth strive for accuracy, sometimes it’s difficult to decipher authentic purchasing behavior from fraud. 

“Sometimes your best customers and your worst customers look the same,” said Jacqueline Hart, head of trust and safety at Patreon – a site used by artists and creators to allow benefactors to support them. “You can have someone come in and say I want to pledge $10,000 and they’re either a fraudster or an amazing patron of the arts,” Hart added. 

If an account is rejected due to its Sift score, Patreon directs the benefactor to the company’s trust and safety team. “It’s an important way for us to find out if there are any false positives from the Sift score and reinstate the account if it shouldn’t have been flagged as high risk,” said Hart. 

There are many potential tells that a transaction is fishy. “The amazing thing to me is when someone fails to log in effectively, you know it’s a real person,” says Ms. Hart. The bots log in perfectly every time. Email addresses with a lot of numbers at the end and brand new accounts are also more likely to be fraudulent, as are logins coming from anonymity networks such as Tor.

These services also learn from every transaction across their entire system, and compare data from multiple clients. For instance, if an account or mobile device has been associated with fraud at, say, Instacart, that could mark it as risky for another company, say Wayfair—even if the credit card being used seems legitimate, says a Sift spokeswoman. –Wall Street Journal

A person’s Sift score is constantly changing based on that user’s behavior, and any new information the system gathers about them, according to the spokeswoman. From Sift: 

We learn in real-time, which means Scores are constantly being recalculated based on new knowledge of fraudulent users and patterns. For example, when someone logs in, we’ve found out a lot of information in the meantime about suspicious devices, IP addresses, shipping addresses, etc., based on the activity of other users. Add this to the fact that there may have been some new labeled users since their last login, and the scores can sometimes have a significant change. This is also more likely if the user hasn’t had much activity on your site. –Sift.com

While Sift judges whether or not one can be trusted, there’s no file with your name on it that it can produce for review – because it doesn’t need your name to analyze your behavior, according to the report – which seems like total BS. 

“Our customers will send us events like ‘account created,’ ‘profile photo uploaded,’ ‘someone sent a message,’ ‘review written,’ ‘an item was added to shopping cart,” says Sift CEO Jason Tan. 

It’s technically possible to make user data difficult or impossible to link to a real person. Apple and others say they take steps to prevent such “de-anonymizing.” Sift doesn’t use those techniques. And an individual’s name can be among the characteristics its customers share with it in order to determine the riskiness of a transaction.

In the gap between who is taking responsibility for user data—Sift or its clients—there appears to be ample room for the kind of slip-ups that could run afoul of privacy laws. Without an audit of such a system it’s impossible to know. Companies live under increasing threat of prosecution, but as just-released research on biases in Facebook ’s advertising algorithm suggest, even the most sophisticated operators don’t seem to be fully aware of how their systems are behaving. –Wall Street Journal

“I would argue that in our desire to protect privacy, we have to be careful, because are we going to make it impossible for the good guys to perform the necessary function of security?” asks Anshu Sharma – co-founder of Clearedin, a startup which helps companies avoid falling victim to email phishing attacks. 

His solution? Transparency. When a company rejects a potential customer based on their Sift score, for example, it should explain why – even if that exposes how the scoring system works. 

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

GMU Students & Faculty Demand New Kavanaugh Probe, Claim “Threat To Mental Health”

Authored by Zachary Petrizzo via The College Fix,

Some students at George Mason University continue to put pressure on campus leaders to fire U.S. Supreme Court Justice Brett Kavanaugh from his new post as a visiting law professor.

Kavanaugh was hired in January by GMU’s Antonin Scalia Law School and is set to co-teach a class this summer called “Creation of the Constitution” in Runnymede, England, where the Magna Carta was sealed.

Despite the fact that Kavanaugh is teaching over 3,500 miles away from the Virginia campus, several students took to the podium at the Board of Visitors meeting last Wednesday to say they feel unsafe having Kavanaugh teach the class.

Exclusive video recorded by The College Fix shows several students, a few who say they are sexual assault survivors, address the campus leaders to tell them students’ mental health is threatened by the Kavanaugh hire.

“As a survivor of sexual assault this decision has really impacted me negatively,” one female student said.

“It is affecting my mental health knowing that an abuser will be part of our faculty.”

Another female student gave similar comments to the board:

“As someone who has survived sexual assault three times I do not feel comfortable with someone who has sexual assault allegations like walking on campus.”

A third female student told the board “we are fighting to eradicate sexual violence on this campus. But the hiring of Kavanaugh threatens the mental well being of all survivors on this campus.”

A fourth female student echoed similar sentiments, noting her sister is a sexual assault victim.

“I’ve seen what it does to a person,” she said. “I’ve seen what these cases can do to people.”

The comments were made during the meeting’s public comment section. The students represent a relatively new group on campus called “Mason 4 Survivors,” launched in recent months.

A student petition created by “Mason 4 Survivors” demands that the university “terminate AND void ALL contracts and affiliation with Brett Kavanaugh at George Mason University.” So far nearly 3,300 have signed it.

After the students spoke, Rector Tom Davis and GMU President Angel Cabrera said they were proud of the students and appreciated that they spoke up and acted as engaged citizens.

Later in the meeting, Cabrera suggested steps to continue to eradicate sexual assault on the campus, stating “one case of sexual assault is one too many.” The board agreed to learn more about sexual assault on campus and steps underway to combat the problem.

The next day, students continued their protest by marching around campus chanting “cancel Kavanaugh” and “take Kavanaugh off campus.” Some had blue tape over their mouths. The group delivered their petition to fire the Supreme Court justice to Merten Hall, an administration building.

The demonstrators also defaced a statue of George Mason, putting blue tape on his mouth and attaching anti-Kavanaugh signs to it, using it as a prop in their protest.

University spokesman Michael Sandler told The College Fix “we allow students to dress up the statue, so this doesn’t violate any policies that I’m aware of.” He said the university “strongly supports freedom of expression and this would seem to fall into that category.”

As to Kavanaugh’s fate at George Mason University, some members of the Faculty Senate may believe they have the right to investigate Kavanaugh independently despite the U.S. Senate’s determination. They called for as much at their meeting last Wednesday.

But President Cabrera has stated that Justice Kavanaugh’s appointment was approved by the law school faculty in January and he stands behind that decision.

via ZeroHedge News http://bit.ly/2P0Hln0 Tyler Durden

US Sanctions Impede Rescue Efforts In Iran During Historic Flooding

In yet more confirmation that US sanctions don’t fundamentally punish or weaken regimes they seek to bring down, but hurt the common population America feigns to be helping, a new report finds that relief efforts in the wake historic floods which have created a disaster zone in Iran are being hindered due to Washington’s sanctions

The Middle East’s main regional emergency response and humanitarian aid arm, the Red Crescent, says that US sanctions have prevented the bulk of badly needed external emergency relief from getting through after record rains have caused the worst floods in nearly a century in multiple provinces across Iran, killing at least 70 and displacing many tens of thousands. 

The worst flooding in 70 years has hit Iran over the past 3 weeks, via the AP.

“No foreign cash help has been given to the Iranian Red Crescent society. With attention to the inhuman American sanctions, there is no way to send this cash assistance,” the Red Crescent said in a statement, cited by Reuters.

In all, international humanitarian groups say up to 90,000 have sought emergency shelter amid response efforts which are faltering due to lack of external help. 

The floods began on March 19, and produced surreal scenes coming out of the country involving flash floods sweeping away cars and whole towns over the past three weeks. 

Poldokhtar is among the cities hit hard, via Sky News

The US has acknowledged the crisis, with US Secretary of State Mike Pompeo pledging the US government was prepared to help through the Red Cross and Red Crescent.

However, in rhetoric that sounded similar to his tough talk on Venezuela amid ongoing economic and infrastructural collapse there, he blamed Iran’s woes on “mismanagement in urban planning and in emergency preparedness” due to the inept and corrupt leadership of Iran’s Ayatollah and other leading clergy. 

Surreal scenes of entire towns being swept away by flash floods have come out of Iran over the past weeks.

But Iranian Foreign Minister Mohammad Javad Zarif in statements last week pointed the finger at Washington for imposing an economic blockade by seeking to prevent European and other international companies from doing business with Iran: “Blocked equipment includes relief choppers: This isn’t just economic warfare; it’s economic TERRORISM,” he said on Twitter.

Over the weekend sustained rains continued to unleash floods in the southwest of the country, and new evacuation efforts are underway for towns along the Iraq border, near rivers and dams already bulging under the strain. 

Meanwhile the head of the Iranian Red Crescent Society, Ali Asghar Peyvandi, in fresh statements slammed the US for blocking the Society for Worldwide Interbank Financial Telecommunication (SWIFT).

Peyvandi said: “We used a number of bank accounts connected to SWIFT, which we used for receiving international aid. But at the moment these accounts are subject to sanctions.”

Six cities along the Karkheh River in southwestern Khuzestan province were ordered evacuated over the weekend. Image source: Tasnim News/AFP

“It’s impossible to transfer cash from other countries as well as the International Federation of [Red Cross and] Red Crescent Societies,” he added.

Thus far it’s unclear just how the US State Department plans to help, other than send funds through the Red Cross and Red Crescent organizations; however, that would ironically run the risk of violating Washington’s own sanctions against Tehran. 

via ZeroHedge News http://bit.ly/2G9CBZb Tyler Durden

How (& When) Will White Liberals Wake Up?

Authored by Patrick McDermott via The Unz Review,

White liberals can be maddening. They proceed through life happily proclaiming their devotion to progressivism, completely oblivious to the brewing demographic dangers on the horizon. Indeed, most polls show them doubling down on their beliefs in the era of Donald Trump. If you try to warn them, they will stare at you blankly. If you are a friend or relative, count yourself lucky that they still tolerate you and your beliefs.

Unfortunately, such delusional obstinacy cannot be ignored. Their views are a fundamental component of the broader, systematic threat to Western Civilization. History has shown what the world’s European peoples can accomplish when we are reasonably united. No foreign enemy or ideology could destroy us without the assistance of a substantial share of our own people. To turn the tide, we must win them back.

White liberals are neither evil nor irredeemable. They are temporarily misguided. The longer history of white liberalism, which in the past was far more hardheaded and realistic, clearly shows how much the latest iteration has gone off the rails.

The road to perdition may be paved with good intentions, but most of them will awaken before we get there. Our collective struggle will be difficult, but they will be standing with us when we emerge on the other side.

Liberal Psychology

Understanding how white liberals will change requires first understanding how their minds work. Entire fields of scientific inquiry have been devoted to explaining human behavior, including evolutionary psychologysocial psychologybehavioral neuroscience, and political psychology to name a few. Although no single theory adequately covers the entire spectrum of behaviors, one framework will do for our purposes.

Maslow’s hierarchy of needs, first proposed in 1943 by Abraham Maslow, explains human motivation as the product of a variety of competing needs. These needs, shown in the figure below, are presumed to have been evolutionarily derived. According to the theory, lower order basic needs are more primitive and must be met before an individual will turn his or her attention to higher-order needs. Someone who has met all of the needs is assumed to be fulfilled and happy.

Although neuroscience has advanced considerably since Maslow first outlined his theory, the framework remains popular today. Many of his ideas have been substantially confirmed by more recent research.

Two of the needs in this framework are particularly important for understanding white liberals: self esteem and love / belonging. These needs can be evolutionarily traced to our status as a social species.

Morality, which research suggests is also a byproduct of evolution, is closely linked with these needs. Morality helped tribes survive and thrive in humanity’s early history and may also help explain the relative prosperity of nations today. Individuals who are viewed as moral derive significant status within society, while those who are immoral can face serious social or legal punishments ranging from shunning to banishment or even death. Even without such punishments, humans are extremely sensitive to the possibility of social rejection.

In today’s Western societies, anti-racism has come to be viewed as the morally correct position and racism as the ultimate evil. This creates substantial incentives for conformity in our racial views and rewards status-seeking behavior (sometimes referred to as “virtue signaling”) on racial issues. In those cases where this dominant moral paradigm conflicts with an individual’s other needs, such as the desire to live in a safe neighborhood, rationalizations provide the necessary cover so that white liberals can avoid guilt and cognitive dissonance while simultaneously engaging in hypocritical behavior.

In sum, white liberals are simply acting on the same hard-wired psychological motivations that are present in all human beings. As social creatures, they are programmed to conform to the dominant moral paradigm in their social environment. Of course, this tendency also affects conservatives. This universal human tendency toward conformity is one reason why American politics are so strongly polarized, not just ideologically but also geographically.

As challenging as these barriers may seem, however, it gets worse. Research has shown that human beings are highly resistant to facts that challenge their core convictions. They will seize on any information that confirms their preexisting beliefs and if their beliefs are challenged, they will simply ignore or disbelieve the source. Stronger challenges to core beliefs can even backfire, causing people to double down on their original position.

Troy Campbell, a researcher on the topic, explained it this way: “As causes become our identity, we don’t just believe we are right anymore; we need to believe we are right to maintain self-worth.”

The Missing Ingredient: Fear

Liberalism’s close ties to its own version of morality – combined with the universal human needs for self-esteem and social belonging – make this an exceedingly tough nut to crack. But crack it will. How do we break through these barriers? The answer can be found near the bottom of Maslow’s hierarchy: the need for safety.

The biological basis for safety-seeking behavior is well known. Incoming sensory information is first processed in an ancient portion of the brain called the amygdalawhere perceived threats can trigger a near instantaneous fight or flight response. The amygdala are also responsible for a variety of other emotional reactions that can play a central role in decision-making.

These and other recent developments in neuroscience and evolutionary biology have substantially confirmed many of Maslow’s earlier findings. This includes the needs for self esteem, love, and belonging that lie at the heart of the liberal worldview. However, it also includes safety needs, which recent research suggests are even more dominant than Maslow first thought.

The implications of this research are clear. Most white liberals will not be convinced by rational arguments, no matter how strong or well-supported those arguments may be. They will only be convinced by threats to their basic safety. This, in turn, points to the real barrier. Most white liberals do not feel threatened.

Most of them do not see a civilization that is crumbling around them or a brewing threat on the horizon. They see a thriving economy and a skyrocketing stock market. Yes, race relations are not perfect, but they think those problems will sort themselves out as soon as we solve the challenge of poverty and get rid of Donald Trump. Immigration is beneficial. There are no meaningful differences between people. Trump voters are just suffering from irrational phobias and “white anxiety.” Times are good. What on earth is there to be afraid of?

For the average white liberal, strident anti-immigration positions are not just racist, but pointlessly so. According to one poll, 73 percent of Hillary Clinton’s white voters reportedly thought it was racist for white Americans to even have an opinion on immigration.

The sad reality is that few people who are living in a bubble are able to see it until it pops. The rare iconoclasts who are right too soon are usually viewed as social outcasts and misfits. The liberal bubble is about to pop, however. The signs are all around us.

The Growing Threat

The coming awakening of white liberals, which in the United States will probably occur over the next decade, will be primarily due to five factors. The first, instinctual ethnocentrism, affects humans and animalsalike and is present in babies. Although such ethnocentrism is not new, it remains centrally important and provides a baseline for the other factors.

The second is growing direct contact with minorities, which will only increase as the nation continues to change over time. Some academics argue that such contact can improve race relations, but other research has shown that the negative effects are stronger. Ongoing white flight in neighborhoods and schools provides the most definitive answer on this question.

A third factor is growing cultural threat. Unlike direct contact, which is lessened by white flight, there is no escaping mass culture. As was noted in a recent Vox article, White Threat in a Browning America:

We live in an America where television programs, commercials, and movies are trying to represent a browner country; where Black Panther is a celebrated cultural event and #OscarsSoWhite is a nationally known hashtag; where NFL players kneel during the national anthem to protest police brutality and pressing 1 for English is commonplace.

This unavoidable onslaught is a constant reminder to America’s white population that their nation is changing. Research has shown that such messages make them more conservative, view minorities less positively, and feel more attachment to other whites.

A fourth factor is the growth of explicitly anti-white rhetoric. The idea that “whiteness” is inherently evil and should be abolished originated in academia, but now it is seeping into our broader culture and political discourse. Treating people equally and with decency regardless of their race was once sufficient to avoid the racist label, but now it elicits charges of color-blind racism and implicit bias. Unsurprisingly, research has found that accusations of white privilege can make people feel defensive and resentful. Even white allies are not immune. Black Lives Matter demonstrators protested Bernie Sanders’ candidacy. White feminists were blamed for Trump’s election and criticized for their “white supremacy in heels.”

The fifth factor, political threat, may be the most important because, unlike the others, it cannot be avoided or ignored. The principal source of this threat is the nation’s changing demographics, which are empowering minorities and shiftingthe Democratic Party sharply to the left. The effects of this change have been evident in elections throughout the nation this year. These have included the well-publicized primary victory of Alexandria Ocasio-Cortez in New York, Andrew Gillum in Florida’s Democratic gubernatorial primary, and Stacey Abrams in the Georgia Democratic gubernatorial primary, as well as victories for lesser known candidates in governors’ races in TexasArizonaNew Mexico, and Maryland.

While many of these candidates will probably lose in November, they are paving the way for likely victories down the road as more states become majority-minority in the lead up to 2045, when the nation as a whole will reach that milestone. These changes, most of which are concentrated in the Democratic Party, can also be expected to shift future Democratic presidential nominees further left.

The reaction of white voters to such hard-left ideological swings is well-established. Two of the most left-leaning presidential nominees in modern history, George McGovern and Walter Mondale, were trounced at the polls. More recently, moderate Republican gubernatorial candidates have a solid track record of defeating far-left Democrats in deep blue states. What accounts for this? Many white liberals, particularly those with high household incomes, are not as far left as they think.

White liberals may not feel threatened by the left today, particularly with Republicans controlling Congress and Trump dominating the news on a daily basis, but that will change in the coming decade. As the nation changes, the mainstream media and social media companies may try to clamp down on opposing views, but they are unlikely to repress the emerging voices of the far left, who will do far more to open the eyes of white liberals than conservatives ever could. They are our unwitting allies.

Useful idiot” was once a term applied by communists to their supporters in the West, but the concept is still applicable today. Every day that someone kneels during the national anthem, calls for abolishing whiteness, or attacks another cherished Western tradition for its roots in “white supremacy” or “institutional racism” is another day that more white people will wake up to the growing threat.

“White People Riot Quietly”

In 1995, a white liberal named Roger Boesche wrote an opinion piece in the Los Angeles Times after the OJ Simpson verdict. In it, he warned that when white people riot, they do it quietly. Channeling other white liberals, he wrote:

I am afraid that even liberals, in the face of cheers by African Americans who saw the not guilty verdict as a victory over racism, will say: “I supported affirmative action; I applauded programs for the poor, and I thought Rodney King’s attackers were guilty. But I am still jeered as a racist. To hell with it. I’m going to close my doors and pull down the shades. It’s time to retreat to private life and ignore public affairs.”

How will we know when white liberals have changed their views? It will probably not be immediately obvious. Most will not publicly proclaim their shift. There will instead be occasional calls for bipartisanship and arguments against the growing tide of identity politics. And then there will be silence as former liberals say less and less, daring only to whisper among friends about their growing concern about the direction of the country.

The real sign will be at the ballot box, where the racial divide will become obvious and stark. Over time, it is not unrealistic to assume that voting patterns at the national level will begin to mirror those of the South, where white support for Republican presidential candidates commonly reaches 80-90 percent. In the long run, however, it will not be enough. Demographics are still political destiny.

In another article, I suggested that America may be on a path toward partition at some point in the middle of this century. Such an outcome is not as far-fetched as it might seem. It would not be the first time the United States has faced secession. Polls already show significant cross-party support for the idea. Moreover, there is a long and significant global history of such partitions. Recent examples in white nations include the Soviet UnionCzechoslovakiaYugoslaviaIrelandNorwayFinland, and Sweden. And this does not include the many brewing independence movements like those in ScotlandQuebec, and Brazil.

The Soviet Union, one of the 20th Century’s two superpowers, was destroyed by its adherence to an ideology that ignored human nature. It should not be surprising that the world’s other superpower might also be destroyed by an unrealistic ideology, in this case one that willfully ignores the world’s long history of ethnic conflict. Should that occur, it would be sad, but it would also serve as an important wake-up call and object lesson for the rest of Western Civilization.

The primary purpose of nations is to preserve and protect their peoples. When a nation stops serving that purpose, the time has come to build a new one.

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

Cheez Whiz

Grant’s Almost Daily, submitted by Grant’s Interest Rate Observer

So far this year, the Renaissance U.S. IPO Index is up a cool 32%, more than double the 15% advance logged by the S&P 500.  The booming market for new issues is making bull-market noises.

This morning, CEC Entertainment, Inc., parent company of children’s restaurant Chuck E. Cheese’s, announced plans to list shares on the New York Stock Exchange. This will be no straightforward offering.  Instead, the transaction will feature a reverse merger between CEC’s own parent company Queso Holdings, Inc. with a special purpose acquisition company called Leo Holdings Corp. The press release explains:

Concurrent with the closing of the transaction, Leo will domesticate as a Delaware corporation, following which Queso will merge with and into Leo with the result that CEC will continue as a wholly-owned subsidiary of Leo, which will be renamed Chuck E. Cheese Brands, Inc.

CEC was bought by Apollo Global Management, LLC in 2014 for $1.3 billion including debt.  In February 2017 Reuters reported that the private equity giant had hired Deutsche Bank A.G. and Credit Suisse A.G. to solicit bids for its portfolio company, with Bloomberg reporting that Apollo was seeking a roughly $2 billion sale price.

With no buyer in hand, the deal was withdrawn six months later. As a public entity, CEC is expected to garner an enterprise valuation of about $1.4 billion, which is 7.5 times forecast 2019 adjusted EBITDA of $187 million, while the anticipated $300 million of proceeds “will be used to pay transaction expenses and de-leverage the Company’s existing capital structure.”

De-leveraging appears wise. CEC ended 2018 with total debt of $982 million, 6.5 times trailing 12-month adjusted EBITDA, while operating income of $66 million failed to cover the $76.3 million in interest expense.    

As Chuck-E-Cheese’s prepares to re-join the ranks of publicly-traded companies, recent IPO Lyft, Inc. has a bone to pick with its underwriters. Digital news site The Information relayed Friday that the ride-share company, which debuted on March 29, threatened to sue Morgan Stanley after the New York Post reported the investment bank had offered Lyft investors a chance to hedge their positions through short sales, despite being subject to lock-up restrictions.  

For Lyft, which generated a $943 million adjusted-EBITDA loss in 2018 on revenues of $2.2 billion and warned in its S-1 filing that it “may not be able to achieve or maintain profitability in the future,” the attention paid to short-sellers has been mutual. According to S3 Partners, LLC, short interest in LYFT exceeded 38% of the 32.5 million share float as of Tuesday, despite prohibitive borrowing costs that reached an annualized rate 101.4% as of Tuesday. Lyft stock finished the day at $70.23 a share, down from the $72 issue price and 20% below the intraday peak see on its March 29 debut.

Meanwhile, new issue supply continues apace as the IPO pipeline remains robust. This morning, social media site Pinterest, Inc. filed a form S-1 detailing plans to offer up to 75 million shares at a range of $15 to $17 per share, valuing the company at $11.3 billion using the high end of the range.  That’s down from a $12.3 billion valuation achieved during the most recent fundraising round in 2017.  As noted by Business Insider on March 24, an unusual bit of language in Pinterest’s filing may give some investors pause:
 
Pinterest’s S-1 paperwork, filed publicly Friday, disclosed an unusual stipulation that retains full voting rights for CEO Ben Silbermann’s shares in the company from 90 days to 540 days after his “death or permanent incapacity.”
 
The clause means that after Silbermann dies, whoever inherits his shares will retain his super-voting powers for a period of time

via ZeroHedge News http://bit.ly/2VyupH8 Tyler Durden