Putin: World Risks “Fight Of All Against All” In “Grim Dystopia” Amid Growing Crises

Putin: World Risks “Fight Of All Against All” In “Grim Dystopia” Amid Growing Crises

Authored by Jack Phillips via The Epoch Times,

Russian leader Vladimir Putin warned that society risks a return to world war if there’s no international effort to ease existing global tensions and imbalances.

Speaking at the World Economic Forum’s virtual Davos Agenda conference on Jan. 27, he offered a grim prediction and noted that the current era shows parallels to the 1920s and 1930s before the “catastrophic World War II.”

“Nowadays, such a heated conflict is not possible, I hope,” Putin said. “Because it will mean the end of our civilization.”

“But I’d like the reiterate that the situation might develop unpredictably and uncontrollably if we sit on our hands doing nothing to avoid it. There’s a possibility that we might experience an actual collapse in global development that might result in a fight of all against all.”

Such a prospect, he said, would result in a “grim dystopia.”

Wealth inequality, political polarization, and international tensions will exacerbate the problem, he said, and on top of that, the CCP virus pandemic is placing even more strain on society.

“The coronavirus pandemic has become a major challenge to mankind, and it has accelerated structural changes, the preconditions for which were already in place,” he said.

“We have every reason to believe that the tensions might be aggravated even further.

“International institutions are weakening, regional conflicts are multiplying, the global security system is degrading.”

He called for an increase in dialogue between different nations and groups to avoid a possible worldwide conflict.

“We need [to] ensure development following a different path—one that is positive, balanced, and constructive,” he said.

Russia currently finds itself amid growing internal tensions after Moscow arrested Putin critic Alexei Navalny after he returned to Russia from Germany.

During the Davos address, Putin seemingly made reference to sanctions and embargoes; several countries have placed sanctions on Russia.

“The use of trade barriers, illegitimate sanctions, restrictions in the financial, technological and information spheres—such a game without rules is dramatically increasing the risks of the unilateral use of military force, which is very dangerous,” Putin said.

Putin also faces an uncertain relationship with U.S. President Joe Biden, whom he spoke with earlier this week.

After their first phone call, Putin formally submitted a bill for the Russian parliament to extend the New START nuclear treaty with the United States by five years, according to Russian media.

“The presidents expressed satisfaction following today’s exchange of diplomatic notes on an agreement to extend the New START Treaty,” Putin’s office announced after his call with Biden, TASS reported.

“International topics included the United States’ unilateral withdrawal from the Open Skies Treaty, problems of keeping in place the Joint Comprehensive Plan of Action on the Iranian nuclear program, Ukrainian settlement, as well as Russia’s initiative to call a summit of the United Nations Security Council permanent members,” the Kremlin said.

Tyler Durden
Fri, 01/29/2021 – 02:00

via ZeroHedge News https://ift.tt/2MAJAzY Tyler Durden

Newspeak In The 21st Century: How To Become A Model Citizen In The New Era Of Domestic Warfare

Newspeak In The 21st Century: How To Become A Model Citizen In The New Era Of Domestic Warfare

Authored by Cynthia Chung via The Strategic Culture Foundation,

War will continue under the Old Cold War doctrine. War will always be present, and yet will never be seen by the majority of our citizens…

With President Biden’s inauguration many feel that they can finally breathe a deep sigh of relief. At last sanity has been restored and we can all go back to our predictable lives knowing that the future can only get better during these next four years.

Well…not quite.

There still remains the problem that everybody may not be on board with the progressive changes that Biden’s Administration plans to push through. This, of course, is wholly unacceptable.

Disagreement has become an extremely sensitive issue lately; it was once thought that debate was an essential component to a strong and healthy democracy, however, we are now told that it is extremely dangerous, in fact, it may soon be categorised as a form of domestic terrorism.

As early as mid-Nov 2020, Biden was already discussing the need to pass further laws against domestic terrorism. This is interesting since under the 2001 Patriot Act (which was meant to be a temporary enforcement in reaction to 9/11, however, is still in place 19 years later), domestic terrorism is already defined as;

“activities that (A) involve acts dangerous to human life that are a violation of the criminal laws of the U.S. or of any state; (B) appear to be intended (i) to intimidate or coerce a civilian population; (ii) to influence the policy of government by intimidation or coercion; or (iii) to affect the conduct of a government by mass destruction, assassination, or kidnapping; and (C) occur primarily within the territorial jurisdiction of the U.S.”

So, the question begs, what else needs to be added to the Patriot Act, which was recognised at the time of its enforcement as something that should only be temporary since it was understood that it infringed upon civil liberties? Come to think of it, why is the Patriot Act still in place, which allows for the indefinite continuation of human rights violations such as warrantless wiretapping; illegal torture, kidnapping, and detention; mass surveillance; government secrecy; Real ID; no-fly list; political spying; abuse of material witness statutes; and attacks on academic freedom?

As Glenn Greenwald wrote in his formidable paper The New Domestic War on Terror is Coming, “what needs to be criminalized that is not already a crime?”, keeping in mind that as of June 2020, the United States has the highest prisoner rate in the world, followed by El Salvador, Turkmenistan, Thailand and Palau.

Well, the answer is apparently simple and as always for our own good. We have come to a point in time where the enemy is not some radicalized ideology, it is not some foreign despot, it is not even the threat of war (whether it be economic, cyber or nuclear), but rather it is ourselves. We, the people, are the new enemies of the State.

You may protest “Not I! I am a model citizen! I pay my taxes on time, I am never late or call in sick for work, I make sure to be up-to-date with the newest ‘woke’ revelations and I don’t engage with anything outside of the mainstream matrix during my free-time.” People such as yourself think, that when the Biden Administration is calling for tougher laws against domestic terrorism, that it is obviously meant for the ‘other guy,’ those uneducated bigots who are screaming at the top of their lungs “Treason!” and inciting what we are told to be forms of ‘insurrection,’ all in the name of the archaic ideas of ‘patriotism’ and the ‘U.S. Constitution.’

You, unlike so many others, have no problem recognising that the U.S. Constitution is actually part of the problem, that by the standards used today, the U.S. Constitution is itself responsible for ‘inciting violence’ and thus guilty of domestic terrorism, and thus needs to be revoked.

But you see… that’s just not good enough.

Though you are well on your way to becoming a model citizen in the 21st century, you still have a little ways to go. It is for this reason that a guide to 21st century Newspeak has been recently released to make sure that well-intentioned citizens like yourself are fully informed of what is required of you in terms of appropriate behaviour, as well as appropriate thoughts, and though this will take a little more time, appropriate instincts.

21st Century Newspeak

The first alteration that will need to take place is freedom of thought. It has been shown through peer-review studies that individual thoughts are susceptible to forming erroneous beliefs and can lead to dangerous behaviours such as refusal to integrate into a community standard.

Once an individual refuses to integrate into its designated community, it is only a matter of time before this individual shows opposition and even antagonism towards said community. Thus failure to integrate is one of the first signs that an individual is on the path to becoming a domestic terrorist.

Because the individual mind is flawed, it can no longer be trusted to be the standard of its own judgement of what is right and wrong. It is for this reason that we are introducing groupthink. This concept is not new, however, the difference is from now on the individual’s environment will only be allowed to reciprocate the values of groupthink, and all other thoughts outside of groupthink are to be banned and punishable under the new laws.

Even if thoughts outside of groupthink appear as harmless to the collective, they are not, for any thought that is not groupthink threatens to lead to a different outcome than that intended by groupthink and thus is a threat to the security of the collective.

In order to ensure commitment to groupthink, it will be mandatory that every individual engage in at least 2 minutes of Hate every hour throughout the day, every day. This can be achieved either by watching 2 minutes of Hate news, or by engaging in a public 2 minutes of Hate with a colleague, a friend or family member via social media.

It is imperative that an individual watch the 15 minute morning and evening “What to Hate” news provided by the Ministry of Truth (or Minitrue), in order to be the most up-to-date with what are the ongoing and new subjects of Hate, and what were previous subjects of Hate which are no longer deemed to be subjects of Hate.

It is most important that an individual never refer to a former subject of Hate as such. Any present subject of Hate must be seen as having always been a subject of Hate and any former subject of Hate must be seen as having never been a subject of Hate.

This may appear as an impossible task, but we assure you it is entirely possible with the use of doublethink, which many of you have already been practising. Doublethink requires that one be both conscious and unconscious of the fact that they are telling deliberate lies while genuinely believing them; to deny the existence of objective reality and all the while to take account of the reality which one denies. This makes up a part of our new Party slogan: FREEDOM IS SLAVERY.

Those who excel the most in doublethink will receive the highest stations within our newly organised community, as safe-guards against the renegade, the domestic terrorist.

Another alteration that will need to occur is how we think and refer to the past and the future. With the newly enforced groupthink, the present is what groupthink dictates it to be, which is subject to change, however, must be regarded as having always been.

The past is what the present dictates it to be, if it were not, it could challenge the basis for the present. Thus to preserve the present, the past must serve the present, only justifying why we Hate what we presently Hate and why we Love what we presently Love and can do nothing to contradict these Party lines. There will be permitted no records of an alternative past, there will be no way to prove that the past was ever different from what the present dictates it to be, the only threat to this narrative is the record of the individual mind, and once this ceases to be there will only be the Minitrue record as the recorder of past Truth.

In effect, the model citizen will perceive the past as dead and the future as unimaginable. The future is unimaginable because it is impossible to think of an alternative to the present, in fact, the mere act of thinking of an alternative to the present is considered a challenge to the status quo of the present, and thus is a challenge to groupthink, and thus is a form of domestic terrorism, which we will call from now on thoughtcrime.

Thoughtcrime is essentially any thought pertaining to memory, judgement of right and wrong, thoughts of an alternative reality, and self-reflection, which are now all deemed forms of thoughtcrime. If an individual is to engage in any of these sorts of thoughts, it is only a matter of time before they will come into conflict with groupthink and the Party line, thus private thoughts are banned and punished under the new laws.

It may seem an impossible task at first not to engage in private thoughts, but again, we assure you it is entirely possible using crimestopCrimestop is the practice of not grasping analogies, failing to perceive logical errors, misunderstanding the simplest arguments, of being bored or repelled by any train of thought which is capable of leading in a heretical direction. Crimestop is essentially, protective stupidity.

It is imperative that one practice crimestop during any interaction with another individual, however, it is also imperative that one practice crimestop within their own inner-dialogue, such that even from your own conscience you will be protected from committing a thoughtcrime.

Newspeak will also help dissuade from thoughtcrimeNewspeak is to be the new acceptable vocabulary, anything that references words outside of the most-up-to-date edition of the Newspeak dictionary will be considered Oldspeak and something to be construed as counter to groupthink. It is understood that by reducing the vocabulary to revolve around a few words such as good; which for example can be used as plusgood, doubleplusgood, ungood etc, it will serve to narrow the range of thought an individual is capable of, and thus reduce the capability of committing a thoughtcrime. How wonderful! That in the future we will be unable to commit crime for we will be incapable of its thought! This makes up another part of our new Party slogan: IGNORANCE IS STRENGTH.

In terms of the new laws, in effect, nothing will change. Unacceptable behaviours and thoughts will not be designated as illegal per se; one reason for this is because we do not plan on having any public trials. Anyone who is in violation of conduct will simply be removed either temporarily into a “re-education facility” or will be vaporised. Any subject that has been vaporised will be removed from the collective memory records and can never be referred to as having ever existed.

The reason why no public trials will be held from now on is because, as we have seen, dissent is infectious. Thus, holding public trials risk further encouragement towards dissent. It is for this reason that dissenters must be removed swiftly and quietly in the middle of the night. Such disappearances will occur relatively regularly and will eventually become the new normal, however, it will not be traumatic for the collective. The subject will simply cease to exist as if it were all just a dream, the structure of our daily routine unaffected.

In order to ensure utmost compliance, the collective will be employing the use of children spies, this has already been occurring abroad, and proves to be very effective.

Purges and vaporizations will be a necessary part of the government mechanics and will become the new normal. We have already discussed the necessity for vaporizations, as for the necessity of purges, it is because the community will be built so as to remain in stasis, however, this can only be accomplished through artificial means, for it is not natural that a thing remain the same but rather that it either improves or deteriorates.

However, in order for the Party to maintain absolute control, there can be no change to the present except for that chosen by the Party, thus any change is a challenge to the Party. In order to facilitate an artificial environment of no change, resources must artificially be kept low, and purges need to occur so that this environment of scarcity is tightly controlled and maintained.

In order for us to achieve this, our economy will have to go through stagnation, we will need to decrease the amount of land used for cultivation, we will no longer add capital equipment needed for industrial growth and great blocks of the population will be prevented from working and will be kept half alive by State charity. The wheels of industry cannot be allowed to turn so as to increase the real wealth of the world. Goods must be produced, but they must not be distributed, and in practice the only way of achieving this is by continuous warfare.

War will continue under the Old Cold War doctrine. War will always be present, and yet will never be seen by the majority of our citizens, the reason for this being that war will not be about a real threat to security nor about real conquests but rather will be about maintaining the present status quo by exhausting the surplus of consumable goods, while also helping to preserve the special mental atmosphere that a hierarchical society needs.

However, real war will be purely an internal affair, the war waged by the ruling group against its own subjects, with the object of the war as to keep the structure of society intact and unchanging.

A peace that is truly permanent under this new ideology is no different than an invisible permanent war. For peace in our new era will equate to stability through no change. This makes up our first Party slogan: WAR IS PEACE.

Conclusion

All of these means are necessary if we are to realise that the only secure basis for oligarchy is collectivism, and that oligarchy is the only means to achieving peace, freedom and strength for the collective.

However, we are still very far from this ideal and there is much that threatens its becoming, namely, the masses, or what we call the proles. So long as the masses believe that they are entitled to freedom of thought, our endeavours cannot succeed.

The individual must voluntarily relinquish this. It cannot be taken from them no matter the degree of control and no matter the threat of physical harm. An individual’s mind is theirs and cannot be taken, instead, the individual must be led to believe that it is in their best interest to relinquish their mind.

Let us do our best then to convince the individual that they are no longer fit to use their mind and let us pray that we are successful, for if we fail, our entire system of control fails with it.

“You would not make the act of submission which is the price of sanity…Reality exists only in the human mind, nowhere else. Not in the individual mind, which can make mistakes, and in any case soon perishes: only in the mind of the Party, which is collective and immortal. Whatever the Party holds to be truth, is truth. It is impossible to see reality except by looking through the eyes of the Party.”

– O’Brien in George Orwell’s “1984”

Tyler Durden
Fri, 01/29/2021 – 00:10

via ZeroHedge News https://ift.tt/3oxyCIN Tyler Durden

Beijing Uses Anal Swabs To Detect COVID-19 Strains

Beijing Uses Anal Swabs To Detect COVID-19 Strains

Just as the WHO acknowledges (in time for the start of the Biden Administration) that the high-cycle PCR tests routinely lead to far higher numbers of false positives than the world had expected, Li Tongzeng, a doctor at Beijing’s You’an Hospital, and a proponent of anal swab tests, claims that “the coronavirus survives longer in the anus or excrement than those taken from upper body tracts.”

And with this, Li is suggesting that the method is becoming more common than he had initially expected. Anal swabs are being deployed in Beijing quarantine as well as in some school settings, according to recent reports out of Beijing’s Daxing district.

Authorities in the Chinese capital have started testing about 2MM people in the center of the city after two cases of a strain of the coronavirus were first detected in Britain were reported in Beijing.

The rapid mass testing campaign started on Friday, a day before the city’s legislature was expected to convene an annual meeting and with just weeks to go until the country’s political heavyweights arrive in the capital for the year’s most important political gatherings.

“All districts and work units must make epidemic prevention and control their top priority and spare no efforts in epidemic prevention and handling,” municipal government spokesman Tian Wei said on Friday afternoon, citing orders from the city’s COVID-19 task force.

The mass testing was conducted after the capital went into partial lockdown in Daxing and Shunyi, with genetic sequencing revealing two cases of the more transmissible coronavirus variant discovered last month in Britain.

The capital has since been on high alert. More than 1.2K people have been tested at a school attended by one pupil with an asymptomatic case of the COVId-19 Each of the contacts at the school had nasal, saliva and anal swabs as well as serum tests – all of which were negative.

The jury is still out on whether anal swabs, which reportedly take about 10 seconds, are more useful than a regular throat swab to test for coronavirus.

Tyler Durden
Thu, 01/28/2021 – 23:50

via ZeroHedge News https://ift.tt/3ckDVsF Tyler Durden

More Judges Take Senior Status In The Week After Inauguration

Yesterday, I blogged about a handful of judge who announced they would take senior status shortly after the inauguration. Today, Law360 reports on more judges who have decided to step down from active service. Here, I will indicate when each judge became eligible for senior status, based on my calculations:

  • Judge Phyllis J. Hamilton (NDCA)—2017
  • Judge Jeffrey S. White (NDCA)—2014
  • Judge William H. Alsup (NDCA)—2012
  • Judge Catherine C. Blake (DMD)—2015
  • Judges Richard D. Bennett (DMD)—2015
  • Judge Ellen L. Hollander (DMD)—2020
  • Judge Ursula Ungaro (SDFL)—2016
  • Judge Dan Aaron Polster (NDOH)—2016
  • Judge Victoria A. Roberts (EDMI)—2016
  • Judge B. Lynn Winmill (DID)—2017
  • Judge Michael W. Mosman—He will turn 65 in December 2021
  • Vanessa D. Gilmore—Will leave the bench when she turns 65 in October 2021

Law360 offers some commentary on the rash of retirements:

“They’re just dropping like flies,” said Carl Tobias, a University of Richmond law professor who tracks judicial nominations.

Nine of the 13 retiring judges were appointed by Democrats — eight by Clinton and one by President Barack Obama. Of the four GOP appointees, three were confirmed when their states had at least one Democratic senator whose support would have been required under Senate traditions.

The flurry of transitions so soon after Biden took office suggests some judges may have been waiting out President Donald Trump: Ten of the 13 judges have been eligible for senior status since at least 2017.

In my forthcoming article, I am considering how to measure the ideology of the judge who takes senior status. The ideology cannot be measured solely on the basis of the appointing President. Because of factors like blue slips and the (former) judicial filibuster, a nominee may be quite distant from the appointing President’s ideology. For example, a George W. Bush nominee in a double-blue state (with two Democratic senators) may be closer to a Clinton nominee in a double-blue state.

Leading Democrats suggest that these judge declined to step down because they didn’t approve of the sorts of judges Trump would appoint in their stead:

Senate Majority Leader Chuck Schumer, D-N.Y., suggested as much Monday on MSNBC.

“There will be lots of vacancies that come up,” he predicted. “I think there are a lot of judges, Democratic appointees who didn’t take senior status while Trump was president, who now will.”

Sen. Sheldon Whitehouse of Rhode Island, a senior Democrat on the Judiciary Committee, said Wednesday that he thought judges delayed retirement plans because Trump named unqualified lawyers with ideological credentials, in his view.

“I have to believe that there were some judges who looked around at the pool of Trump nominees and, setting aside their political persuasions, thought … ‘We can do better than this gong show of political clowns,'” Whitehouse said on a panel with the liberal Alliance for Justice.

Stay tuned. I will continue to track this issue.

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Blinken Says Iran Must Comply With Nuclear Deal Before The US Does

Blinken Says Iran Must Comply With Nuclear Deal Before The US Does

Authored by Dave DeCamp via AntiWar.com,

In a sign that the US is a long way from lifting sanctions on Iran, Secretary of State Antony Blinken said the US will not return to the nuclear deal until Iran comes back into compliance.

“President Biden has been very clear in saying that if Iran comes back into full compliance with its obligations under the JCPOA, the United States would do the same thing,” Blinken said at a press conference on Wednesday.

Biden with newly confirmed Secretary of State Anthony Blinken

But we are a long ways from that point. Iran is out of compliance on a number of fronts. And it would take some time … for it to come back into compliance in time for us then to assess whether it was meeting its obligations,” he said.

Blinken’s comments come after Iranian Foreign Minister Javad Zarif said the US must take the first step. Writing in Foreign Affairs last week, Zarif called on President Biden to unconditionally lift sanctions if he is serious about restoring the JCPOA.

Zarif’s argument is that since the US was the first to violate the deal by re-imposing sanctions on Iran in 2018, it’s on Washington to revive the JCPOA. Iran gradually began violating the deal in 2019, after waiting a year for the other signatories to offset US sanctions.

Zarif, and other Iranian officials, have made it clear these violations are easily reversible and that they would quickly comply with the agreement if the US gives Iran sanctions relief.

Tyler Durden
Thu, 01/28/2021 – 23:30

via ZeroHedge News https://ift.tt/3agcptF Tyler Durden

More Judges Take Senior Status In The Week After Inauguration

Yesterday, I blogged about a handful of judge who announced they would take senior status shortly after the inauguration. Today, Law360 reports on more judges who have decided to step down from active service. Here, I will indicate when each judge became eligible for senior status, based on my calculations:

  • Judge Phyllis J. Hamilton (NDCA)—2017
  • Judge Jeffrey S. White (NDCA)—2014
  • Judge William H. Alsup (NDCA)—2012
  • Judge Catherine C. Blake (DMD)—2015
  • Judges Richard D. Bennett (DMD)—2015
  • Judge Ellen L. Hollander (DMD)—2020
  • Judge Ursula Ungaro (SDFL)—2016
  • Judge Dan Aaron Polster (NDOH)—2016
  • Judge Victoria A. Roberts (EDMI)—2016
  • Judge B. Lynn Winmill (DID)—2017
  • Judge Michael W. Mosman—He will turn 65 in December 2021
  • Vanessa D. Gilmore—Will leave the bench when she turns 65 in October 2021

Law360 offers some commentary on the rash of retirements:

“They’re just dropping like flies,” said Carl Tobias, a University of Richmond law professor who tracks judicial nominations.

Nine of the 13 retiring judges were appointed by Democrats — eight by Clinton and one by President Barack Obama. Of the four GOP appointees, three were confirmed when their states had at least one Democratic senator whose support would have been required under Senate traditions.

The flurry of transitions so soon after Biden took office suggests some judges may have been waiting out President Donald Trump: Ten of the 13 judges have been eligible for senior status since at least 2017.

In my forthcoming article, I am considering how to measure the ideology of the judge who takes senior status. The ideology cannot be measured solely on the basis of the appointing President. Because of factors like blue slips and the (former) judicial filibuster, a nominee may be quite distant from the appointing President’s ideology. For example, a George W. Bush nominee in a double-blue state (with two Democratic senators) may be closer to a Clinton nominee in a double-blue state.

Leading Democrats suggest that these judge declined to step down because they didn’t approve of the sorts of judges Trump would appoint in their stead:

Senate Majority Leader Chuck Schumer, D-N.Y., suggested as much Monday on MSNBC.

“There will be lots of vacancies that come up,” he predicted. “I think there are a lot of judges, Democratic appointees who didn’t take senior status while Trump was president, who now will.”

Sen. Sheldon Whitehouse of Rhode Island, a senior Democrat on the Judiciary Committee, said Wednesday that he thought judges delayed retirement plans because Trump named unqualified lawyers with ideological credentials, in his view.

“I have to believe that there were some judges who looked around at the pool of Trump nominees and, setting aside their political persuasions, thought … ‘We can do better than this gong show of political clowns,'” Whitehouse said on a panel with the liberal Alliance for Justice.

Stay tuned. I will continue to track this issue.

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A Mystery Guest Just Booked All 446 Rooms At An Iconic Canadian Lodge For 65 Days

A Mystery Guest Just Booked All 446 Rooms At An Iconic Canadian Lodge For 65 Days

The entirety of the well known Fairmont hotel at Jasper Park lodge in Alberta has been booked for 65 days beginning February 23. The estate is a collection of log cabins and other buildings that is spread over 700 acres. It is well known for attracting high profile guests. 

A mystery guest has booked all 446 rooms at the lodge, who has been mum about who the mystery guest is, and what the purpose of the stay could be. 

“The dates are blacked out on Fairmont’s reservation website and a call to the front desk concierge confirmed that no rooms will be made available,” CBC News reported. “Citing the four-star hotel’s dedication to discretion, officials with the hotel aren’t divulging any details, including how the unusual booking might affect staffing levels or how many reservations were cancelled to accommodate it.”

Additionally, guests who previously had reservations booked for that period of time have been told their reservations are cancelled. 

A statement from the hotel read: “We have a private booking during the below dates however, as we must always safeguard the privacy of our guests, we do not share details about hotel reservations, meetings, or private events.”

Some are speculating that the hotel is going to be used to film a Television show. The booking even prompted questions to the province’s Chief Medical Officer about potential Covid precautions at the hotel. She responded:

“As we look to any decisions that we make, No. 1 is whether or not there’s any risk to the public, whether any of the activities could potentially cause spread or cause a public risk,” she said.

“And then, No. 2, as we consider any potential requests for exemptions, we also consider the broader public interest and what might be in that broader public interest. And again that’s part of these considerations as we look to this film industry framework that we’re working on.”

As we have noted, the wealth of billionaires has skyrocketed more than $1 trillion during the Covid pandemic, thanks to Central Banks printing trillions of new dollars. To be honest, we’re not surprised by the “mysterious” booking and wouldn’t be surprised if we see more gluttony, a la Lifestyles of the Rich And Famous, in the year ahead. 

Tyler Durden
Thu, 01/28/2021 – 23:10

via ZeroHedge News https://ift.tt/3ahLZYy Tyler Durden

DogeCoin Up 800%; WallStreetBets, Elon Musk Involved

DogeCoin Up 800%; WallStreetBets, Elon Musk Involved

Many years ago, in December 2013, when bitcoin was still in its very early adoption phase and few had any illusions that it would ever hit $1000 let alone $40,000, two software engineers – Billy Markus and Jackson Palmer – introduced a cryptocurrency that was meant to be a payment system that was “instant, fun, and free from traditional banking fees” but was in reality a joke, and a meme spoof on the concept of bitcoin. In other words, it was a joke, even within the otherwise austere and serious crypto community.

We bring it up, because moments ago, Dogecoin surpassed Litecoin in market cap, hitting $8.5 billion after rising 800% today, and hitting an all-time high of $0.082 before settling down to $0.0667, on volume that overtook both bitcoin and ethereum on binance, with some $3.4 billion dogecoins traded.

So what the hell is going on here, and why is this particular crypto soaring when the rest  of the crypto space is quiet?

Is Melvin Capital/Citadel short dogecoin and have the 5.5 million bloodhounds of Wallstreetbets been unleashed yet again?

While it is unclear what sparked the furious buying spree, according to CoinDesk, WSB is indeed involved, and the move was “likely caused by attention from public Reddit trading collective Wall Street Bets combined with a TikTok post about the “dogecoin army” by niche celebrity Carole Baskin from Netflix’s “Tiger King.”

Separately, around 5:47pm ET, Elon Musk tweeted a picture of whippet, which some believe was a to DOGE’s surge, but others note may have unleashed the heaviest part of the buying…

… with some reacting to Musk’s tweet “there’s the $DOGE tweet we’ve been waiting for… In typical @elonmusk fashion.”

Whatever the reason, this is the clearest indication yet of the absolute dash for trash momentum observed across capital markets since the Fed’s take over, with “investors” now openly mocking the asset allocation process and dumping their cash into an “asset” which even its creators admit is worthless.

While DOGE appears to have peaked and is now sliding, expect much more insanity tomorrow and the coming days as this ridiculous bubble is now prompting laughable (literally) assets to generate returns the stock market could only dream of.

Tyler Durden
Thu, 01/28/2021 – 22:57

via ZeroHedge News https://ift.tt/2YscPaQ Tyler Durden

Democrats Introduce Senate Bill To Make D.C. The 51st State

Democrats Introduce Senate Bill To Make D.C. The 51st State

Authored by Jonathan Turley,

Sen. Tom Carper (D-Del.) and other Democratic senators are introducing a bill for D.C. statehood today, a proposal with heavy opposition in the public in continuing polls. 

Indeed, the bill was one of the reasons that members and advocates demanded the killing of the filibuster rule to force through the change in status based on a bare majority.

If successful, it would give the Democrats two more senators in a city-state that will expected to remain reliably blue.  I have testified repeatedly on this issue.  There are strong arguments for changing the status of the District and statehood is a viable option.

It would clearly be constitutional unlike past proposals. The question is whether it is the best option for the country.  Roughly 20 years ago, I proposed a “modified retrocession plan” that would be an alternative if the Congress wanted full voting rights for citizens of the District.

The proposal would make create the first city-state in our history with a population of 700,000.

However, half of the country opposes the idea.

A new Harris/Hill poll shows fifty-two percent of respondents said they favored statehood while 48 percent said they opposed it.  That is heavy opposition for such a statehood change.

Biden just unveiled another proposal with heavy public opposition: a commission that would allow court-packing or other structural changes on the Court to blunt the conservative majority.

I have written a long academic publication on the status of the District of Columbia and testified at the prior hearings on allowing for voting representation of District residents. See Jonathan Turley, Too Clever By Half: The Partial Representation of the District of Columbia in the House of Representatives, 76 George Washington University Law Review 305-374 (2008).   I also testified in both the House and Senate repeatedly on such proposals.

The debate over D.C. statehood is a complex issue with historical, constitutional, and legal dimensions.  It is also an issue with important and unresolved racial issues of a black-majority city without direct representation in Congress.  I have previously voiced my view that such lack of representation for the District is unacceptable and untenable in our country.

In all, I have testified five times in the House and the Senate on this issue in Congress, particularly on the effort to simply give the District a vote in the House of Representatives.  I encouraged the Congress to avoid such flagrantly unconstitutional measures of a vote as a non-state entity and instead focus on a vote of statehood or retrocession.  That is why I offered a “modified retrocession plan”, which was also discussed in an academic work. Under my proposal, the mall and core federal buildings would remain the District of Columbia (as is the case in this legislation) but the remainder of the District would retrocede back to Maryland (as did the other half of the original District to Virginia). In this way, residents would receive full representation while receiving the benefits of various Maryland educational and other opportunities. That reduction of the federal enclave has been incorporated in some statehood proposals.  I believed that such retrocession offered the fastest course for not just full representation but improved social and educational programs for the district residents.  I laid out a phased retrocession plan that began with immediate and full representation.  This could be done by congressional vote.

People of good-faith can disagree on such proposals and the current legislation is clearly a constitutional approach to reaching a final resolution on the lack of representation in Congress.  Indeed, it is important to hear from those who believe that statehood is an important step toward dealing with the historical racial inequalities and discrimination in our nation.  Modified retrocession may not be enough to resolve such issues for many in our community.

Tyler Durden
Thu, 01/28/2021 – 22:50

via ZeroHedge News https://ift.tt/3r2eMap Tyler Durden

Putin Declares Virus “Slowly Receding” In Russia Amid Sputnik V Mass Vaccination Campaign 

Putin Declares Virus “Slowly Receding” In Russia Amid Sputnik V Mass Vaccination Campaign 

Russian President Vladimir Putin told a meeting of his cabinet on Thursday that the swift actions of national health officials have caused the pandemic to slowly subside throughout the country, also given Russia was the first the roll out with a large-scale vaccination program of its population.

Generally, [these actions] yield positive results,” Putin declared, according to TASS. “The pandemic is gradually receding.”

While stressing it remains “too early to relax” he nonetheless emphasized that the number of recoveries “has been steadily above the infection numbers lately.” Putin added, “As of lethality, the situation is generally satisfactory if you can speak about it in such terms. Nevertheless, this is the case in comparison with other countries.”

Via Zuma Press

He further touted at a moment that Hungary has controversially broken ranks with the EU and approved and bought the Russian Sputnik V vaccine that, “We have around 12 infections per every 100,000 people,” which is “four times as low as in European countries, many European countries.”

“We launched a mass vaccination campaign on January 18, we have big plans in this regard,” the president noted. “[Trade and Industry Minister Denis] Manturov reported to me that vaccine production was ahead of schedule,” he added

Yet he still estimated that 68 million Russians needed to be vaccinated against the coronavirus. Late summer and into the fall Russia faced fierce criticism over what Western officials called a “rush” to approve an unproven vaccine. 

Indeed Russia was the first out globally, but time will tell of the effectiveness of the efforts. In early December ‘frontline’ workers that included teachers, doctors, social workers were the first round in the mass vaccination efforts, with the middle of this month seeing the campaign reaching the broader population.

Russia now has the fifth highest number of cases worldwide at just over 3.7 million infections, which is barely under the UK. For the past months Russia was among the top four most infected countries globally. Critics have attacked the Kremlin’s official claims of having already vaccinated millions people with Sputnik V, with many suggesting the true number is in reality in the hundreds of thousands. 

Moscow further says it’s received orders for over a billion doses to be administered abroad at a moment the WHO is still reviewing it, as Reuters reports: “Asked about WHO’s scrutiny of Russia’s Sputnik V vaccine, Kluge said he had spoken with Moscow’s ambassador on Wednesday and that he could confirm that data needed by WHO scientists to review the shot was en route to Geneva where the WHO is based.”

“The Russian vaccine is being distributed in Europe including EU member state Hungary as well as elsewhere in the world, even though the European Medicines Agency is not currently reviewing it for approval,” the report noted.

Tyler Durden
Thu, 01/28/2021 – 22:30

via ZeroHedge News https://ift.tt/2NLphRb Tyler Durden