“Pulling The Plug”: After Multiple Recalls, GM May Be On The Verge Of Ending Production Of Its Chevy Bolt

“Pulling The Plug”: After Multiple Recalls, GM May Be On The Verge Of Ending Production Of Its Chevy Bolt

After numerous recalls and the ensuing bad press that comes with them, it looks like General Motors could be set to literally “pull the plug” on its Chevy Bolt EV. 

“GM announced a $35 billion investment in EVs by 2025, including $4 billion to build electric versions of its best-selling pickups,” CNN reported this week. Worth noting is that GM is planning to build those models at its plant in Orion Township, Michigan, the report says.

That plant is currently the home to the GM Bolt and its cousin, the Bolt EUV. The company didn’t make any new announcement as to where, if anywhere, Bolt production would continue.

GM spokesperson Dan Flores gave a statement this week that didn’t drip with optimism about the Bolt, either: “Production of the Chevrolet Bolt EV and EUV will continue during the plant’s conversion activities to prepare the facility for production of the Silverado EV and Sierra EV pickups. We are not disclosing any additional information at this time about Bolt EV or Bolt EUV production.”

    Recall, in September, we noted that after two recalls about fires, GM had finally resorted to telling Bolt owner just not to park their car within 50 feet of another car.

    Flores, who we we’re sure wasn’t getting paid enough to deliver this line with a straight face, said in Fall 2021: “In an effort to reduce potential damage to structures and nearby vehicles in the rare event of a potential fire, we recommend parking on the top floor or on an open-air deck and park 50 feet or more away from another vehicle. Additionally, we still request you do not leave your vehicle charging unattended, even if you are using a charging station in a parking deck.”

    “We are aware of 12 GM confirmed battery fires that have been investigated involving Bolt EVs vehicles in the previous and new recall population,” he continued, telling The Detroit News. “We’re still working with LG around the clock to resolve the issue. Both companies understand the urgency to move as quickly as possible, but, again, the most important thing here is we have to get this right.”

    Recall, back in July 2021, General Motors issued their second recall for the Chevy Bolt after it announced that two Bolts had caught fire without impact and that at least one of the two was related to the battery and happened despite the owner getting a fix from a previous recall.

    The second recall included all Bolt EVs from 2017 to 2019, encompassing 68,000 vehicles. 50,925 of those vehicles were located in the U.S. and they have batteries that are produced at LG Chem’s Ochang, South Korea, facility, the report notes.

    A spokesman for GM said last summer: “As part of GM’s commitment to safety, experts from GM and LG have identified the simultaneous presence of two rare manufacturing defects in the same battery cell as the root cause of battery fires in certain Chevrolet Bolt EVs. As part of this recall, GM will replace defective battery modules in the recall population. We will notify customers when replacement parts are ready.” 

    GM may have finally figured out that one way to stop the fires is to stop producing the vehicle that keeps combusting…

    Tyler Durden
    Fri, 01/28/2022 – 18:00

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    War On Cash: The Digital Dollar

    War On Cash: The Digital Dollar

    Via SchiffGold.com,

    Last week, the Federal Reserve released a “discussion paper” examing the pros and cons of a potential US central bank digital dollar. According to the Federal Reserve press release, the central bank hopes to get public feedback on the idea.

    “We look forward to engaging with the public, elected representatives, and a broad range of stakeholders as we examine the positives and negatives of a central bank digital currency in the United States,” Federal Reserve Chair Jerome H. Powell said.

    Government-issued digital currencies are sold on their promise of convenience and security. But there is a darker side – the promise of control.

    Digital dollars would be similar to bitcoin and other cryptocurrencies. They would exist as virtual banknotes or coins held in a digital wallet on your computer or smartphone. The difference between a government digital currency and bitcoin is the value of the digital currency is backed and controlled by the state, just like traditional fiat currency.

    The digital dollar could ultimately replace physical cash. Proponents tout its convenience and security.Business Insider article gushed over the idea.

    A Fed-backed digital dollar would then provide many of the benefits touted by cryptocurrencies without their wild price swings and usage fees. In theory, a CBDC would meld the best aspects of physical and digital currencies for the average American.”

    Last year, China launched a digital yuan pilot program. The Chinese government-backed digital currency got a boost when the country’s biggest online retailer announced the first virtual platform to accept the Chinese digital currency. China isn’t the only government exploring the possibility of digital money. Sweden has developed a digital currency of its own. The European Central Bank is pushing for a digital euro. And Russian central bank governor Elvira Nabiullina told CNBC that digital currency is “the future of our financial system.”

    Ultimately, it would take a congressional act to establish a digital dollar as legal tender.

    US officials toyed with the possibility of a digital dollar at the height of the pandemic. A Democratic proposal for stimulus payments in the wake of the coronavirus pandemic featured digital currency deposited into digital wallets.

    Government digital currency is sold to the public as a safe and convenient alternative to physical cash. We’re also told it will help stop dangerous criminals who like the intractability of cash.

    But at the root of the move toward government digital currency is “the war on cash.” Fundamentally, it’s about control.

    The elimination of cash creates the potential for the government to track and even control consumer spending, and it would make it even easier for central banks to engage in manipulative monetary policy such as negative interest rates.

    Imagine if there was no cash. It would be impossible to hide even the smallest transaction from government eyes. Something as simple as your morning trip to Starbucks wouldn’t be a secret from government officials. As Bloomberg put it in an article published when China launched its digital yuan pilot program, digital currency “offers China’s authorities a degree of control never possible with physical money.”

    The government could even “turn off” an individual’s ability to make purchases. Bloomberg describes just how much control a digital currency could give Chinese officials.

    The PBOC has also indicated that it could put limits on the sizes of some transactions, or even require an appointment to make large ones. Some observers wonder whether payments could be linked to the emerging social-credit system, wherein citizens with exemplary behavior are ‘whitelisted’ for privileges, while those with criminal and other infractions find themselves left out. ‘China’s goal is not to make payments more convenient but to replace cash, so it can keep closer tabs on people than it already does,’ argues Aaron Brown, a crypto investor who writes for Bloomberg Opinion.”

    Economist Thorsten Polleit outlined the potential for Big Brother-like government control with the advent of a digital euro in an article published by the Mises Wire. As he put it, “the path to becoming a surveillance state regime will accelerate considerably” if and when a digital currency is issued.

    Governments around the world have quietly waged a war on cash for years. Back in 2017, the IMF published a creepy paper offering governments suggestions on how to move toward a cashless society even in the face of strong public opposition.

    As with most things the government does, you should be wary of the digital dollar. It has a dark side you can be sure the mainstream will mostly ignore.

    Tyler Durden
    Fri, 01/28/2022 – 17:40

    via ZeroHedge News https://ift.tt/3u9QvE4 Tyler Durden

    Daily Briefing: Inflation and Yields and War, Oh My

    Daily Briefing: Inflation and Yields and War, Oh My

    A favorite Federal Reserve inflation gauge, the core personal consumption expenditures index, measured 4.9% year over year for December. It hasn’t been that hot since September 1983. And the employment cost index was up an annualized 4% during the fourth quarter of 2021, an all-time high for that metric. Meanwhile, talk on the U.S.-Russia-Ukraine front has turned to economic sanctions, which, while short of “hot” war, pose their own set of challenges to people on the ground. Yields backed up and equities rallied on all the news. Jim Bianco, founder and president of Bianco Research, joins Real Vision’s Maggie Lake to sort out an eventful Friday. And Weston Nakamura drops in to share his thoughts following an equally dramatic week in China. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/34ivKep

    Tyler Durden
    Fri, 01/28/2022 – 14:22

    via ZeroHedge News https://ift.tt/3r8eJwy Tyler Durden

    Pennsylvania Court Rules Mail-In Voting Unconstitutional

    Pennsylvania Court Rules Mail-In Voting Unconstitutional

    A Pennsylvania court ruled on Friday that the state’s two-year-old mail-in voting law is unconstitutional, siding with Republicans who challenged the law following the 2020 election.

    According to the ruling released today, Act 77, which allows PA residents to vote by mail, violates Article VII of the state constitution – and denied the Department of State acting secretary’s application for summary relief.

    “If presented to the people, a constitutional amendment to end Article VII, Section 1 requirement of in-person voting is likely to be adopted. But a constitutional amendment must be presented to the people and adopted into our fundamental law before legislation allowing no-excuse mail-in voting can be ‘placed upon our statute books’,” wrote Commonwealth Court President Mary Hannah Leavitt.

    Not so fast?

    The Friday decision by a five-judge Commonwealth Court Panel could be put on hold if Gov. Tom Wolf’s administration appeals to the state Supreme Court.

    Act 77, the Pennsylvania law which legalized no-excuse mail-in voting in 2019, was originally born out of a compromise between legislative Republicans and Democratic Governor Tom Wolf. Republicans wanted to eliminate straight-ticket voting, and to do so, gave mail-in voting to Democrats. Prior to this, only people who qualified for absentee voting were allowed to vote by mail.

    Republicans voted in near unanimity for Act 77; 27-0 in the Senate, and 105-2 in the House. Democrats offered no support in the Senate, and were split in the lower chamber, 59 against, 33 for. –Fox43

    Following the 2020 US election, Republicans demanded that Pennsylvania repeal Act 77 – claiming that ‘no-excuse’ mail-in voting violations the constitution, and that only voters who qualify for absentee voting should be allowed to do so. 

    The PA Department of State has yet to comment on the ruling, however it’s a safe bet that they’ll appeal the decision to the state Supreme Court – which holds a 5-2 Democratic majority according to the report.

    Tyler Durden
    Fri, 01/28/2022 – 17:20

    via ZeroHedge News https://ift.tt/33UYmef Tyler Durden

    A Border Patrol Agent Assaulted Him and Violated His First Amendment Rights. He May Never Get To Sue.


    spnphotosten282762

    Federal government agents should not have free rein to violate the rights of the public with impunity. That’s the uncontroversial premise behind a spate of petitions before the U.S. Supreme Court that pertain to law enforcement officers who breached clearly established law, and whose victims want to seek recourse.

    Recourse can prove elusive, if not impossible.

    The Court has yet to announce if it will hear two of those cases. The first pertains to a federal officer who devised a fake sex trafficking ring and jailed a teenage girl on bogus charges for two years. The second involves a Department of Homeland Security (DHS) agent who, outside of a bar, tried to shoot a man he had a personal issue with. Federal courts in both cases found that the two government agents violated clearly established law but are protected by absolute immunity and thus cannot be sued solely because of their status with the federal government.

    But one similar case has worked its way up to the justices, who are scheduled to hear it on March 2—though it appears they may be poised to make it even more difficult for victims of federal government abuse to achieve any meaningful remedy when their rights are violated.

    In 2014, U.S. Border Patrol Agent Erik Egbert followed a man to a bed and breakfast where he was staying in Washington state. That man was from Turkey, and Egbert assumed the guest may have come to the U.S. illegally based on the inn’s proximity to the Canadian border.

    He was incorrect. But Egbert pursued the man and declined to leave the private property after its owner, Robert Boule, requested that he do so. In response, Egbert pushed Boule into a car and then to the ground, ultimately resulting in injuries to Boule’s back that required medical treatment. Boule subsequently filed a complaint with Egbert’s supervisor, which the Border Patrol agent countered with threats to sic the IRS on him with a business audit—a promise he made good on.

    It’s been almost eight years, and Boule has not yet had his day in court, having spent the better part of the last decade asking the government for the privilege to appear before a jury and ask for damages. Thus far, he’s been successful: Both the district court and the U.S. Court of Appeals for the 9th Circuit sided with Boule and said he should have the opportunity to bring a civil suit against Egbert for infringing on his First and Fourth Amendment rights.

    That shouldn’t be surprising. Under a 1971 Supreme Court precedent—Bivens v. Six Unknown Named Agents of Federal Bureau of Narcotics—federal agents may be sued when they violate someone’s rights. But in recent years, the high court has proceeded to dilute its own decision in significant ways, now requiring that federal agents may not be sued if a federal judge pinpoints “special factors counseling hesitation.” You can see where such a subjective standard might go awry.

    It was that standard that shielded Officer Heather Weyker, who conjured the sex trafficking ring, and DHS Agent Ray Lamb, whose gun jammed when he attempted to shoot the man he had a feud with. Neither one received qualified immunity, the legal doctrine that protects certain government officials from civil liability if the way in which they misbehaved has not been “clearly established” in a prior court ruling. Weyker and Lamb did violate the law, as the courts acknowledged. Yet although they were denied qualified immunity, they received absolute immunity and can’t be sued simply because of their status as a federal employee—something that should signify a responsibility to protect the public, not a green light to violate their rights without fear of accountability.

    Perhaps in a testament to the egregiousness of Boule’s misconduct, he did not clear the low bar passed over by Weyker and Lamb. So he is requesting that the Supreme Court lower the bar even further. A decision in Boule’s favor would “undercut the ability of Border Patrol agents to fulfill their basic mission of securing the border, enforcing the immigration laws, and protecting national security,” the government wrote in its petition for review, as if immigration officers must reserve the right to assault people and weaponize their power in illegal ways in order to do their jobs effectively.

    “The stakes are very high,” says Anya Bidwell, an attorney at the Institute for Justice, a public-interest law firm that filed an amicus brief on Boule’s behalf this week. If Egbert succeeds, “this would mean no Bivens remedy in the vast majority of cases. This would mean absolute immunity for federal police and other federal officials.”

    Based on the Supreme Court’s recent jurisprudence on the issue, it appears that scenario may be the likely outcome—giving federal agents carte blanche to break the same rules they are meant to uphold.

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    A Border Patrol Agent Assaulted Him and Violated His First Amendment Rights. He May Never Get To Sue.


    spnphotosten282762

    Federal government agents should not have free rein to violate the rights of the public with impunity. That’s the uncontroversial premise behind a spate of petitions before the U.S. Supreme Court that pertain to law enforcement officers who breached clearly established law, and whose victims want to seek recourse.

    Recourse can prove elusive, if not impossible.

    The Court has yet to announce if it will hear two of those cases. The first pertains to a federal officer who devised a fake sex trafficking ring and jailed a teenage girl on bogus charges for two years. The second involves a Department of Homeland Security (DHS) agent who, outside of a bar, tried to shoot a man he had a personal issue with. Federal courts in both cases found that the two government agents violated clearly established law but are protected by absolute immunity and thus cannot be sued solely because of their status with the federal government.

    But one similar case has worked its way up to the justices, who are scheduled to hear it on March 2—though it appears they may be poised to make it even more difficult for victims of federal government abuse to achieve any meaningful remedy when their rights are violated.

    In 2014, U.S. Border Patrol Agent Erik Egbert followed a man to a bed and breakfast where he was staying in Washington state. That man was from Turkey, and Egbert assumed the guest may have come to the U.S. illegally based on the inn’s proximity to the Canadian border.

    He was incorrect. But Egbert pursued the man and declined to leave the private property after its owner, Robert Boule, requested that he do so. In response, Egbert pushed Boule into a car and then to the ground, ultimately resulting in injuries to Boule’s back that required medical treatment. Boule subsequently filed a complaint with Egbert’s supervisor, which the Border Patrol agent countered with threats to sic the IRS on him with a business audit—a promise he made good on.

    It’s been almost eight years, and Boule has not yet had his day in court, having spent the better part of the last decade asking the government for the privilege to appear before a jury and ask for damages. Thus far, he’s been successful: Both the district court and the U.S. Court of Appeals for the 9th Circuit sided with Boule and said he should have the opportunity to bring a civil suit against Egbert for infringing on his First and Fourth Amendment rights.

    That shouldn’t be surprising. Under a 1971 Supreme Court precedent—Bivens v. Six Unknown Named Agents of Federal Bureau of Narcotics—federal agents may be sued when they violate someone’s rights. But in recent years, the high court has proceeded to dilute its own decision in significant ways, now requiring that federal agents may not be sued if a federal judge pinpoints “special factors counseling hesitation.” You can see where such a subjective standard might go awry.

    It was that standard that shielded Officer Heather Weyker, who conjured the sex trafficking ring, and DHS Agent Ray Lamb, whose gun jammed when he attempted to shoot the man he had a feud with. Neither one received qualified immunity, the legal doctrine that protects certain government officials from civil liability if the way in which they misbehaved has not been “clearly established” in a prior court ruling. Weyker and Lamb did violate the law, as the courts acknowledged. Yet although they were denied qualified immunity, they received absolute immunity and can’t be sued simply because of their status as a federal employee—something that should signify a responsibility to protect the public, not a green light to violate their rights without fear of accountability.

    Perhaps in a testament to the egregiousness of Boule’s misconduct, he did not clear the low bar passed over by Weyker and Lamb. So he is requesting that the Supreme Court lower the bar even further. A decision in Boule’s favor would “undercut the ability of Border Patrol agents to fulfill their basic mission of securing the border, enforcing the immigration laws, and protecting national security,” the government wrote in its petition for review, as if immigration officers must reserve the right to assault people and weaponize their power in illegal ways in order to do their jobs effectively.

    “The stakes are very high,” says Anya Bidwell, an attorney at the Institute for Justice, a public-interest law firm that filed an amicus brief on Boule’s behalf this week. If Egbert succeeds, “this would mean no Bivens remedy in the vast majority of cases. This would mean absolute immunity for federal police and other federal officials.”

    Based on the Supreme Court’s recent jurisprudence on the issue, it appears that scenario may be the likely outcome—giving federal agents carte blanche to break the same rules they are meant to uphold.

    The post A Border Patrol Agent Assaulted Him and Violated His First Amendment Rights. He May Never Get To Sue. appeared first on Reason.com.

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    Why Can’t the CDC Admit There Is No Solid Evidence To Support ‘Universal Masking’ in Schools?


    masked-kids-NYC-school-Newscom

    This week, NBC News correspondent Heidi Przybyla tweeted a report about COVID-19 cases among public school students in Michigan. Her gloss implied that the data had just come out and that they revealed something important about the benefits of requiring students to wear face masks: “NEW: Virus spread was 62% higher in school districts without mask rules.”

    The story that Przybyla cited was not actually “NEW.” It was published on October 15 by WJRT, the ABC station in Flint, based on data for August and September reported by researchers at the University of Michigan’s School of Public Health. Nor was the finding as meaningful as WJRT and Przybyla implied, since it did not take into account potentially important confounding variables such as vaccination rates and other precautions that districts with mask mandates may have adopted. Furthermore, the association between mask mandates and lower infection rates had faded by December.

    When NPR media correspondent David Folkenflik pointed out that the finding highlighted by Przybyla was not new and had not held up over time, Przybyla, to her credit, acknowledged her mistake. But the episode highlighted how eager people who favor school mask mandates are to trumpet any evidence, no matter how iffy, that seems to support their preexisting policy preferences. That tendency extends to public health officials, including the director of the Centers for Disease Control and Prevention (CDC), who claim to be following the science but in this case are desperately searching for validation of a policy that was adopted without any firm empirical basis.

    In an Atlantic article published this week, Margery Smelkinson, an infectious disease scientist who works for the National Institutes of Health, highlights the lack of evidence in favor of school mask mandates. “Two years into this pandemic, keeping unproven measures in place is no longer justifiable,” she and her co-authors write. “We reviewed a variety of studies—some conducted by the CDC itself, some cited by the CDC as evidence of masking effectiveness in a school setting, and others touted by media to the same end—to try to find evidence that would justify the CDC’s no-end-in-sight mask guidance for the very-low-risk pediatric population, particularly post-vaccination. We came up empty-handed.”

    Vinay Prasad, an epidemiologist at the University of California, San Francisco, makes the same point more emphatically in a recent Tablet article. Forcing students to wear face masks “isn’t a matter of protecting children, their teachers, or their grandparents,” he says. “It’s delusional and dangerous cultlike behavior.”

    That cult includes American Medical Association Chairman Bobby Mukkamala, who hyped the Michigan data that Przybyla highlighted this week. “This is a study exactly about this situation,” he told WJRT. “It doesn’t get more specific than this study, which is about kids in school with masks and without masks.”

    Mukkamala presented the scientific case for school mask mandates as ironclad. “It’s one thing if it’s just sort of a gut feeling—well, you know, we think masks work, so why don’t we just go ahead and ask kids to wear them in school?” he said. “But this is way beyond that….This is data—one more study that shows the effectiveness, and not just masks in general, but particular to this situation.” He lamented that “there’s a deep division” over masks in schools that “isn’t necessarily data-driven.”

    Mukkamala is right about that, but not in the way he means. Mask enthusiasts like Mukkamala and CDC Director Rochelle Walensky are the ones who are misrepresenting the science to validate their “gut feeling.”

    The October 12 University of Michigan report that Mukkamala thought confirmed what he already believed noted that “districts with mask rules may also have other prevention measures that can contribute to lower transmission levels.” That consideration by itself means that no firm conclusion can be drawn about the impact of mask mandates: The association that so impressed Mukkamala could have been explained by “other prevention measures,” such as improved ventilation, physical distancing, or testing programs, rather than mask requirements.

    Vaccination rates are another potential confounder, since it is plausible that they were higher in school districts that decided to require masks. Judging from places like New York City, California, and Washington, D.C., jurisdictions that adopt strict COVID-19 policies tend to have relatively high vaccination rates. And since the Michigan data reflect cases among school-aged children, as opposed to transmission in schools, it is not even clear to what extent district policies are relevant.

    By December, in any event, case rates in Michigan school districts with mask requirements were about the same as case rates in school districts without them. “School-aged case rates have become more similar across mask rules as community transmission has increased,” a December 14 update noted. It suggested that “differences due to masking” were “potentially being washed out by transmission in other settings.” Nevertheless, “it remains important to mask up in indoor settings (schools and otherwise) to prevent transmission.”

    When mask requirements were associated with lower case rates, that was touted as evidence that mask requirements work. But when mask requirements were no longer associated with lower case rates, that finding had no effect on the conviction that mask requirements are “important.” Evidently that belief “isn’t necessarily data-driven.”

    The CDC has proceeded in the same manner. It recommends “universal indoor masking” for all children 2 or older, ranging from toddlers in day care to high school seniors. That advice is extreme by international standards.

    “Many countries—the U.K., Sweden, Norway, Denmark, and others—have not taken the U.S.’s approach,” Smelkinson and her co-authors note, “and instead follow World Health Organization guidelines, which recommend against masking children ages 5 and younger, because this age group is at low risk of illness, because masks are not ‘in the overall interest of the child,’ and because many children are unable to wear masks properly. Even for children ages 6 to 11, the WHO does not routinely recommend masks, because of the ‘potential impact of wearing a mask on learning and psychosocial development.’ The WHO also explicitly counsels against masking children during physical activities, including running and jumping at the playground, so as not to compromise breathing.”

    While the CDC does not insist on outdoor masking, some school districts do. “Many deep-blue areas such as Portland, Oregon; Los Angeles; and New York City have gone beyond CDC guidance and are masking students outdoors at recess,” Smelkinson et al. note, “in part because of byzantine rules that require an unmasked ‘exposed’ student to miss multiple days of school, even if the putative exposure is outside.”

    At the point when the CDC began recommending universal masking in schools and day care centers, there was no solid evidence to support that policy. Most of the studies cited by the CDC did not even compare schools with mask mandates to schools without them. One exception was a study of Georgia elementary schools that found masking of teachers was associated with a statistically significant reduction in COVID-19 transmission, but masking of students was not.

    A subsequent study considered “school-associated COVID-19 outbreaks” (rather than infection rates) in two Arizona counties. It found that outbreaks were less common in schools that mandated masks. But as Smelkinson et al. note, “more than 90 percent of schools in the ‘no mask mandate’ group were in Maricopa County, an area that has significantly lower vaccination rates than Pima County.” The study also did not control for other COVID-19 mitigation measures, and critics have pointed out various other weaknesses.

    Another study looked at COVID-19 trends in about 3,000 counties with different school masking policies. It found that “counties without school mask requirements experienced larger increases in pediatric COVID-19 case rates after the start of school compared with counties that had school mask requirements.” But again, the study did not control for vaccination rates or other mitigation measures. And since “this was an ecologic study,” the researchers noted, “causation cannot be inferred.”

    The usual way to address these problems is by conducting randomized, controlled trials. But no such studies of masking in schools have been conducted—a pretty striking omission for an intervention that affects millions of children across the country. Even for masking in general, there is a dearth of such evidence. While laboratory studies provide compelling evidence that masks—especially N95 respirators—can reduce virus transmission, it remains unclear what impact they have in real-world settings, where masks may not be clean, may not fit properly, and may not be worn correctly.

    That uncertainty is compounded when mask requirements are imposed on children as young as 2, which may help explain why the purported benefits of school mask mandates have been so hard to verify. A preprint study based on data from Florida for the 2020–21 school year, for example, found no association between mask policies and case rates. Smelkinson et al. cite other data from Tennessee, Florida, North Dakota, and the U.K. that likewise are not consistent with the assumption that school mask mandates reduce virus transmission. Prasad notes that data from Spain also do not support that belief.

    Prasad has long been skeptical that cloth masks—the kind most commonly used in schools—are effective in preventing COVID-19 transmission. That view has gained ground with the spread of the highly transmissible omicron variant. In light of omicron, CNN medical analyst Leana Wen, a former Baltimore health commissioner, declared last month, “cloth masks are little more than facial decorations.” Even the CDC has finally acknowledged that N95s “offer the highest level of protection,” while “loosely woven cloth products provide the least protection.”

    Some schools have responded by mandating N95s or similar masks, which are more effective but also harder and more uncomfortable to wear properly, especially for children. But that escalation is hard to justify in light of several facts.

    First, life-threatening COVID-19 symptoms have always been rare among children, and that is especially true of omicron infections, which tend to be less severe than cases caused by earlier variants. “A (pre-vaccine!) analysis from Germany shows that if a child is infected with COVID—with or without preexisting conditions—there is an 8 in 100,000 chance of going to the intensive care unit,” Prasad writes. “According to the same study, the risk of death is 3 in 1 million, with no deaths reported in the over-5 age group. These risks are astonishingly low.”

    Second, vaccination, which is now available to anyone 5 or older, further reduces that already tiny risk. It also protects teachers and other adults who might catch COVID-19 from children.

    Third, immunocompromised children and adults who might not gain the same benefit from vaccination can protect themselves from infection by wearing well-fitted N95s or similar masks even if students are not required to wear them. As Tufts Medical Center epidemiologist Shira Doron and two co-authors note in The Washington Post, “respirators and other high-quality masks are highly effective at protecting their wearers, regardless of what people around them are doing.” Doron et al. argue that the ready availability of high-quality masks means that “schools can finally safely make masks optional for students and staff.”

    While the benefits of school mask mandates are uncertain at best, the burdens they impose are clear. In addition to the discomfort caused by wearing them all day, masks interfere with communication, learning, and social interaction.

    “Recent prospective studies from Greece and Italy found evidence that masking is a barrier to speech recognition, hearing, and communication, and that masks impede children’s ability to decode facial expressions, dampening children’s perceived trustworthiness of faces,” Smelkinson et al. note. “Research has also suggested that hearing-impaired children have difficulty discerning individual sounds; opaque masks, of course, prevent lip-reading. Some teachers, parents, and speech pathologists have reported that masks can make learning difficult for some of America’s most vulnerable children, including those with cognitive delays, speech and hearing issues, and autism. Masks may also hinder language and speech development—especially important for students who do not speak English at home. Masks may impede emotion recognition, even in adults, but particularly in children.”

    Given these serious concerns, the CDC’s inability to demonstrate the benefits of following its advice, or even to honestly discuss the relevant research, is an egregious failure. “When the history books are written, we will not look wise or kind for insisting that kids and toddlers wear masks for hours on end, year after year, without ever testing this policy with controlled trials,” Prasad concludes. “We will look ignorant, cruel, fearful, and cowardly. We might even look worse than our primitive ancestors who, when faced with great plagues, engaged in all sorts of bizarre, superstitious behavior—but which rarely included making kids suffer most.”

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    IRS Seeing ‘Mountains Of Fraud’ In Cryptocurrencies, NFTs: Special Agent

    IRS Seeing ‘Mountains Of Fraud’ In Cryptocurrencies, NFTs: Special Agent

    Authored by Katabella Roberts via The Epoch Times (emphasis ours),

    A special agent from the Internal Revenue Service has warned that non-fungible tokens (NFTs) and cryptocurrencies are highly susceptible to fraud and manipulation as they grow in popularity.

    A woman looks at a NFT by Ryoji Ikeda titled “A Single Number That Has 10,000,086 Digits” during a media preview at Sotheby’s in New York on June 4, 2021. (Timothy A. Clary/AFP via Getty Images)

    Speaking at a virtual event held on Tuesday by the USC Gould School of Law, Ryan Korner from the IRS Criminal Investigation’s Los Angeles field, said that both NFTs and cryptocurrencies are becoming a growing area of concern for regulators and tax collectors as they’ve steadily become more mainstream.

    We’re just seeing mountains and mountains of fraud in this area,” Korner said, according to Bloomberg.

    An NFT is a digital asset that uses blockchain technology to record the ownership status of digital objects like artwork, music, and even memes. They are non-fungible, meaning they are one-of-a-kind and are generally purchased using the cryptocurrency of the Ethereum blockchain.

    Interest in the global NFT market has surged in recent years, hitting $22 billion in 2021 compared to just $100 million in 2020, according to data from DappRadar.

    Due to their rising popularity, regulators are struggling to police how the tokens are used and prevent them from being utilized for criminal activity such as fraud, money laundering, market manipulation, and tax evasion.

    In December, former First Lady Melania Trump released her first NFT and launched a new platform that will release NFTs regularly, called “Melania’s Vision.”

    The venture combines her “passion for art and commitment to helping our Nation’s children fulfill their own unique American Dream,” the former first lady said, noting that some of the proceeds will go to help children in the foster care community.

    With the move, the former first lady joined a growing list of celebrities who have launched their own NFT collections, including award-winning director Quentin Tarantino and electronic music artist Deadmau5.

    However, Korner warned Tuesday that celebrities, who are capable of swaying the price of digital assets given their huge following, aren’t immune to the IRS’s criminal probes.

    “We’re not necessarily out there looking for celebrities, but when they make a blatant or open comment that says ‘Hey, IRS, you should probably come look at me,’ that’s what we do,” he said.

    Last year, the Securities and Exchange Commission announced it had settled charges against boxer Floyd Mayweather and music producer DJ Khaled over allegations that they had failed to disclose payments they received for promoting investments in initial coin offerings—a method whereby a company sells a new cryptocurrency to raise capital—on social media.

    The IRS Criminal Investigation Unit seized $3.5 billion in cryptocurrency during fiscal year 2021, which accounted for 93 percent of its criminal investigation seizures, according to the agency’s annual criminal investigation report published in November (pdf).

    Korner said the unit ended the year with active 80 cases in its inventory where the primary violation was tied to cryptocurrencies, and that the unit is working to train all of its staff on the issues surrounding cryptocurrencies and NFTs, acknowledging that “this space is the future.”

    The agency also hopes to increase its collaboration and information sharing with other federal agencies, including the Justice Department, to ensure that officials can stay one step ahead of criminals.

    Tyler Durden
    Fri, 01/28/2022 – 17:00

    via ZeroHedge News https://ift.tt/3Hf1Ma6 Tyler Durden

    Public Health ‘Experts’ Have A New COVID Boogeyman Called “Stealth” Omicron

    Public Health ‘Experts’ Have A New COVID Boogeyman Called “Stealth” Omicron

    Deaths involving patients infected with COVID have risen in the US recently, even as case numbers have continued to decline. But what’s even more concerning is that a growing percentage of overall deaths are being attributed to ‘breakthrough’ infections involving vaxxed & booster patients). It’s just the latest example of how narratives pushed by the government change as they are confronted with contradictory evidence (this time, it’s the notion that the vaccinated would escape death, something we now know to be untrue).

    Despite this, it seems like people across the US and around the world are growing more bold as the longing to return to “normal” intensifies. In northern Europe, Denmark and the Netherlands are abandoning COVID restrictions even as the outbreak has persisted.

    At the same time, scientists around the world have found something new with which to prime the public for Booster No. 4 (now that both Pfizer and Moderna have started human trials for their omicron-focused jabs): A new sub-variant called “stealth omicron”, also known as BA.2.

    According to NBC News “stealth omicron” isn’t a new COVID variant, and has not yet been classified as a variant of interest or concern by the WHO. “It’s still omicron,” said Chicago Department of Public Health Commissioner Dr. Allison Arwady on Tuesday. “It’s just…sort of certain letters point one versus certain letters point two. It’s a slight variation in terms of what is being picked up, but I want to be really clear it has not even been classified as a variant of interest yet… this isn’t even a new variant.” Instead, it’s “a slightly different flavor of omicron.”

    “Stealth omicron” has been detected in 40 countries so far. It got its nickname because of its particular genetic traits, which make it more difficult to detect. Some scientists worry it could also be more contagious.

    To be sure, there’s still plenty that we don’t know about the new variant, including whether it evades vaccines better or causes more severe disease. Right now, its ability to evade detection has led to its nickname. There’s also some evidence that it’s more contagious than the original omicron variant.

    “There’s nothing that we’ve seen at this point that is raising a high level of concern but please rest assured we’re watching it and we’ll let you know if there’s anything to be interested or concerned about,” Arwady said.

    For now, BA.2 will remain a “subset” of omicron. But that could change quickly. If it deems the sub-variant a new “variant of concern”, BA.2 could be granted a Greek letter name of its own.

    Government scientists are already looking into it. The UK Health Security Agency has designated BA.2 a “variant under investigation” due to the rising numbers of cases involving the sub-variant found inside the UK, and abroad. Although the data leaves plenty for scientists to be concerned about, omicron still remains the dominant strain throughout the UK.

    “We have some indications that it just may be as contagious or perhaps slightly more contagious than (original) omicron since it’s able to compete with it in some areas,” said Dr. Wesley Long, a pathologist at Houston Methodist in Texas, which has identified three cases of BA.2. “But we don’t necessarily know why that is.”

    Speaking on CNBC Friday morning, former FDA chief Dr. Scott Gottlieb dismissed the threat posed by “stealth omicron” after being prodded about it by his interlocutors. Dr. Gottlieb insisted that the next generation of omicron-focused vaccines would provide more than adequate protection against any omicron sub-variants, of which there are many.

    Certainly the vaccine seems to be just as protective if not more protective against this new…version,” Gottlieb said, citing data from a small UK study examining the “stealth” subvariant.

    That sounds like bad news for Pfizer, Moderna and their armies of scientists-cum-marketing professionals.

    Tyler Durden
    Fri, 01/28/2022 – 16:40

    via ZeroHedge News https://ift.tt/3s1lBLC Tyler Durden

    Why Can’t the CDC Admit There Is No Solid Evidence To Support ‘Universal Masking’ in Schools?


    masked-kids-NYC-school-Newscom

    This week, NBC News correspondent Heidi Przybyla tweeted a report about COVID-19 cases among public school students in Michigan. Her gloss implied that the data had just come out and that they revealed something important about the benefits of requiring students to wear face masks: “NEW: Virus spread was 62% higher in school districts without mask rules.”

    The story that Przybyla cited was not actually “NEW.” It was published on October 15 by WJRT, the ABC station in Flint, based on data for August and September reported by researchers at the University of Michigan’s School of Public Health. Nor was the finding as meaningful as WJRT and Przybyla implied, since it did not take into account potentially important confounding variables such as vaccination rates and other precautions that districts with mask mandates may have adopted. Furthermore, the association between mask mandates and lower infection rates had faded by December.

    When NPR media correspondent David Folkenflik pointed out that the finding highlighted by Przybyla was not new and had not held up over time, Przybyla, to her credit, acknowledged her mistake. But the episode highlighted how eager people who favor school mask mandates are to trumpet any evidence, no matter how iffy, that seems to support their preexisting policy preferences. That tendency extends to public health officials, including the director of the Centers for Disease Control and Prevention (CDC), who claim to be following the science but in this case are desperately searching for validation of a policy that was adopted without any firm empirical basis.

    In an Atlantic article published this week, Margery Smelkinson, an infectious disease scientist who works for the National Institutes of Health, highlights the lack of evidence in favor of school mask mandates. “Two years into this pandemic, keeping unproven measures in place is no longer justifiable,” she and her co-authors write. “We reviewed a variety of studies—some conducted by the CDC itself, some cited by the CDC as evidence of masking effectiveness in a school setting, and others touted by media to the same end—to try to find evidence that would justify the CDC’s no-end-in-sight mask guidance for the very-low-risk pediatric population, particularly post-vaccination. We came up empty-handed.”

    Vinay Prasad, an epidemiologist at the University of California, San Francisco, makes the same point more emphatically in a recent Tablet article. Forcing students to wear face masks “isn’t a matter of protecting children, their teachers, or their grandparents,” he says. “It’s delusional and dangerous cultlike behavior.”

    That cult includes American Medical Association Chairman Bobby Mukkamala, who hyped the Michigan data that Przybyla highlighted this week. “This is a study exactly about this situation,” he told WJRT. “It doesn’t get more specific than this study, which is about kids in school with masks and without masks.”

    Mukkamala presented the scientific case for school mask mandates as ironclad. “It’s one thing if it’s just sort of a gut feeling—well, you know, we think masks work, so why don’t we just go ahead and ask kids to wear them in school?” he said. “But this is way beyond that….This is data—one more study that shows the effectiveness, and not just masks in general, but particular to this situation.” He lamented that “there’s a deep division” over masks in schools that “isn’t necessarily data-driven.”

    Mukkamala is right about that, but not in the way he means. Mask enthusiasts like Mukkamala and CDC Director Rochelle Walensky are the ones who are misrepresenting the science to validate their “gut feeling.”

    The October 12 University of Michigan report that Mukkamala thought confirmed what he already believed noted that “districts with mask rules may also have other prevention measures that can contribute to lower transmission levels.” That consideration by itself means that no firm conclusion can be drawn about the impact of mask mandates: The association that so impressed Mukkamala could have been explained by “other prevention measures,” such as improved ventilation, physical distancing, or testing programs, rather than mask requirements.

    Vaccination rates are another potential confounder, since it is plausible that they were higher in school districts that decided to require masks. Judging from places like New York City, California, and Washington, D.C., jurisdictions that adopt strict COVID-19 policies tend to have relatively high vaccination rates. And since the Michigan data reflect cases among school-aged children, as opposed to transmission in schools, it is not even clear to what extent district policies are relevant.

    By December, in any event, case rates in Michigan school districts with mask requirements were about the same as case rates in school districts without them. “School-aged case rates have become more similar across mask rules as community transmission has increased,” a December 14 update noted. It suggested that “differences due to masking” were “potentially being washed out by transmission in other settings.” Nevertheless, “it remains important to mask up in indoor settings (schools and otherwise) to prevent transmission.”

    When mask requirements were associated with lower case rates, that was touted as evidence that mask requirements work. But when mask requirements were no longer associated with lower case rates, that finding had no effect on the conviction that mask requirements are “important.” Evidently that belief “isn’t necessarily data-driven.”

    The CDC has proceeded in the same manner. It recommends “universal indoor masking” for all children 2 or older, ranging from toddlers in day care to high school seniors. That advice is extreme by international standards.

    “Many countries—the U.K., Sweden, Norway, Denmark, and others—have not taken the U.S.’s approach,” Smelkinson and her co-authors note, “and instead follow World Health Organization guidelines, which recommend against masking children ages 5 and younger, because this age group is at low risk of illness, because masks are not ‘in the overall interest of the child,’ and because many children are unable to wear masks properly. Even for children ages 6 to 11, the WHO does not routinely recommend masks, because of the ‘potential impact of wearing a mask on learning and psychosocial development.’ The WHO also explicitly counsels against masking children during physical activities, including running and jumping at the playground, so as not to compromise breathing.”

    While the CDC does not insist on outdoor masking, some school districts do. “Many deep-blue areas such as Portland, Oregon; Los Angeles; and New York City have gone beyond CDC guidance and are masking students outdoors at recess,” Smelkinson et al. note, “in part because of byzantine rules that require an unmasked ‘exposed’ student to miss multiple days of school, even if the putative exposure is outside.”

    At the point when the CDC began recommending universal masking in schools and day care centers, there was no solid evidence to support that policy. Most of the studies cited by the CDC did not even compare schools with mask mandates to schools without them. One exception was a study of Georgia elementary schools that found masking of teachers was associated with a statistically significant reduction in COVID-19 transmission, but masking of students was not.

    A subsequent study considered “school-associated COVID-19 outbreaks” (rather than infection rates) in two Arizona counties. It found that outbreaks were less common in schools that mandated masks. But as Smelkinson et al. note, “more than 90 percent of schools in the ‘no mask mandate’ group were in Maricopa County, an area that has significantly lower vaccination rates than Pima County.” The study also did not control for other COVID-19 mitigation measures, and critics have pointed out various other weaknesses.

    Another study looked at COVID-19 trends in about 3,000 counties with different school masking policies. It found that “counties without school mask requirements experienced larger increases in pediatric COVID-19 case rates after the start of school compared with counties that had school mask requirements.” But again, the study did not control for vaccination rates or other mitigation measures. And since “this was an ecologic study,” the researchers noted, “causation cannot be inferred.”

    The usual way to address these problems is by conducting randomized, controlled trials. But no such studies of masking in schools have been conducted—a pretty striking omission for an intervention that affects millions of children across the country. Even for masking in general, there is a dearth of such evidence. While laboratory studies provide compelling evidence that masks—especially N95 respirators—can reduce virus transmission, it remains unclear what impact they have in real-world settings, where masks may not be clean, may not fit properly, and may not be worn correctly.

    That uncertainty is compounded when mask requirements are imposed on children as young as 2, which may help explain why the purported benefits of school mask mandates have been so hard to verify. A preprint study based on data from Florida for the 2020–21 school year, for example, found no association between mask policies and case rates. Smelkinson et al. cite other data from Tennessee, Florida, North Dakota, and the U.K. that likewise are not consistent with the assumption that school mask mandates reduce virus transmission. Prasad notes that data from Spain also do not support that belief.

    Prasad has long been skeptical that cloth masks—the kind most commonly used in schools—are effective in preventing COVID-19 transmission. That view has gained ground with the spread of the highly transmissible omicron variant. In light of omicron, CNN medical analyst Leana Wen, a former Baltimore health commissioner, declared last month, “cloth masks are little more than facial decorations.” Even the CDC has finally acknowledged that N95s “offer the highest level of protection,” while “loosely woven cloth products provide the least protection.”

    Some schools have responded by mandating N95s or similar masks, which are more effective but also harder and more uncomfortable to wear properly, especially for children. But that escalation is hard to justify in light of several facts.

    First, life-threatening COVID-19 symptoms have always been rare among children, and that is especially true of omicron infections, which tend to be less severe than cases caused by earlier variants. “A (pre-vaccine!) analysis from Germany shows that if a child is infected with COVID—with or without preexisting conditions—there is an 8 in 100,000 chance of going to the intensive care unit,” Prasad writes. “According to the same study, the risk of death is 3 in 1 million, with no deaths reported in the over-5 age group. These risks are astonishingly low.”

    Second, vaccination, which is now available to anyone 5 or older, further reduces that already tiny risk. It also protects teachers and other adults who might catch COVID-19 from children.

    Third, immunocompromised children and adults who might not gain the same benefit from vaccination can protect themselves from infection by wearing well-fitted N95s even if students are not required to wear masks. As Tufts Medical Center epidemiologist Shira Doron and two co-authors note in The Washington Post, “respirators and other high-quality masks are highly effective at protecting their wearers, regardless of what people around them are doing.” Doron et al. argue that the ready availability of high-quality masks means that “schools can finally safely make masks optional for students and staff.”

    While the benefits of school mask mandates are uncertain at best, the burdens they impose are clear. In addition to the discomfort caused by wearing them all day, masks interfere with communication, learning, and social interaction.

    “Recent prospective studies from Greece and Italy found evidence that masking is a barrier to speech recognition, hearing, and communication, and that masks impede children’s ability to decode facial expressions, dampening children’s perceived trustworthiness of faces,” Smelkinson et al. note. “Research has also suggested that hearing-impaired children have difficulty discerning individual sounds; opaque masks, of course, prevent lip-reading. Some teachers, parents, and speech pathologists have reported that masks can make learning difficult for some of America’s most vulnerable children, including those with cognitive delays, speech and hearing issues, and autism. Masks may also hinder language and speech development—especially important for students who do not speak English at home. Masks may impede emotion recognition, even in adults, but particularly in children.”

    Given these serious concerns, the CDC’s inability to demonstrate the benefits of following its advice, or even to honestly discuss the relevant research, is an egregious failure. “When the history books are written, we will not look wise or kind for insisting that kids and toddlers wear masks for hours on end, year after year, without ever testing this policy with controlled trials,” Prasad concludes. “We will look ignorant, cruel, fearful, and cowardly. We might even look worse than our primitive ancestors who, when faced with great plagues, engaged in all sorts of bizarre, superstitious behavior—but which rarely included making kids suffer most.”

    The post Why Can't the CDC Admit There Is No Solid Evidence To Support 'Universal Masking' in Schools? appeared first on Reason.com.

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