Victor Davis Hanson: What Are Republicans “For” In 2022?

Victor Davis Hanson: What Are Republicans “For” In 2022?

Authored by Victor Davis Hanson,

Can Republicans move beyond just completing the original, necessary Trump agenda on closing the border, legal-only immigration, deterrence against China, energy production, immunity from optional military engagements in the Middle East, industrial and manufacturing resurgence in the Rust Belt and conservative judicial appointments?

What would such a new Contract with America entail, if it were indeed wise before the midterms to advertise such a confident Newt Gingrich-like strategy for regaining the House? And should a menu be more rather than less detailed? What about the follow-up for a later Republican presidency?

Here are the Ten Commandments worth running on, some new, some old. Not all are official policy positions. Some are recommendations for action even when the federal government is not directly involved.

1) A Safe and Law-Abiding America. Crime prevention and punishment is mostly a local and state affair. But the federal government promises to prosecute fully any criminal who crosses state lines or uses interstate communications to commit arson, public destruction, smash-and-grab looting or general attacks on any federal property within the states.

2) Affordable Energy for an Energy-Independent America. Restoration of gas and oil energy independence; reopening of federal lands for new energy leases; fast-tracking natural gas and oil pipelines; encouragement and incentives to mine rare and precious metals inside the United States needed for batteries and new sources of energy.

3) A Secure Border. Immediate completion of the border wall. Deportation of all those who crossed illegally between 2017 and 2024 and all criminals convicted of felonies or serious misdemeanors; employer sanctions; an end to catch-and-release; all refugee seekers apply outside the United States; a tax on remittances sent south of the border on those here illegally and on public assistance; the end of the primacy of family considerations in fast-tracking immigration requests, replaced by meritocratic considerations of English facility, skill sets and education. All immigration would be predicated on legality, diversity, meritocracy and measured and manageable numbers necessary for assimilation and integration.

4) A Sacrosanct Constitution and Preservation of Long-Held Traditions. On record for no changes to the Constitution; no dismantling of the Electoral College; no federalization of states’ voting laws; no increase in a nine-justice Supreme Court; no statehood for Washington, DC, and Puerto Rico; no end to the Senate filibuster.

5) The Restoration of Election Day. Encouragement to the states to limit mail-in balloting, return to the old notion of absentee balloting as an exception rather than the norm and cut back on extended/early balloting — with the goal that 60 to 70% of ballots cast are done so on Election Day.

6) A “Don’t Tread on Me” Foreign Policy. Strong support for the sanctity of allied nations. Deterrence against Russia, China, Iran, North Korea and other belligerents. A realist foreign policy of “No better friend, no worse enemy.” An end to optional large, on-the-ground military engagements in the Middle East. A return of Pentagon emphasis on battle readiness rather than social justice and woke agendas, with budgets redirected to missile defense and naval and air deterrence.

7) Towards a Balanced Budget. Expenditures must match revenues. An update of the Simpson-Bowles National Commission on Fiscal Responsibility and Reform or enactment of its recommendations, with the aim of achieving a balanced budget in four years.

8) Anti-Trust, Anti-Monopoly Legislation. An end to Silicon Valley’s vast monopolies, cartels and immunity from public-utility regulations.

9) Strict Enforcement of the Civil Rights Act of 1964. Prohibition of the use of racial bias/advantage/preference in the operations of public local, state and federal agencies. No federal funds allotted for critical-race-theory indoctrination.

10) No Federal Funds for Lawbreakers. An end to federal support of state agencies and private institutions that violate federal statutes and the Bill of Rights, whether sanctuary-city jurisdictions or campuses whose speech and trial codes violate the First, Fourth, Fifth and Sixth Amendments. Loss of tax-free status on income from university endowments of more than $10 billion.

Lots more might be included in any such agenda (e.g., moving agencies like the FBI out of Washington), but God limited his commandments to 10, and humble Republicans should keep that consideration in mind.

Tyler Durden
Tue, 01/25/2022 – 23:55

via ZeroHedge News https://ift.tt/3r0kH2q Tyler Durden

Is Ukraine A Distraction From Biden’s Terrible Approval Rating?

Is Ukraine A Distraction From Biden’s Terrible Approval Rating?

As President Biden ‘celebrated’ the ‘most successful first year of a presidency ever’ last week, his approval rating hit a new low (worse than it was in November amid the Kabul crisis)…

Voters have signaled their unhappiness with Biden as his agenda has shifted far from the ‘moderate’ he projected during the campaign – but has still disappointed every ‘identity’ in his party due to the lack of legislation. Furthermore, Americans see inflation is at a forty-year high, the economy is faltering, the COVID-19 pandemic is never-ending (more deaths under Biden than Trump), among numerous other things. 

All of which has sent the probabilities of Democrats losing the midterms later this year soaring. 

New polls released this week show that a majority, 56%, of Americans disapprove of the president’s job, with only 26% of Americans believing things in the country are going well.

So, is it any wonder that the Biden administration is desperately seeking a distraction from the domestic chaos… and what better and more time-test strategy than to start a land-war in Eurasia.

For months, Russia has amassed forces near Ukraine. Now, all of a sudden, Western corporate media and the White House have been using the threat of war to crowd out news headlines of inflation, bare shelves at supermarkets, supply chain woes, and rising violent crime.

And while correlation is not causation, one can’t help but notice in the chart below how as the president becomes more unpopular, the headlines about Ukraine grow larger and larger. 

The Federalist’s co-founder, Sean Davis, sums things up perfectly:

Jordan Boyd at The Federalist notes that as early as the 1800s, those in power used their authority to start conflicts with foreign powers to manipulate public opinion.

French Emperor Louis Napoleon was suspected of pandering to French Catholics and trying to boost his country’s crumbling reputation when he entered the Crimean War in 1854.

Napoleon, experts say, wanted to lord France’s power over Russian Orthodox Christians to keep Frenchmen’s minds off of problems at home.

A more recent example of this distraction came in 1998 when President Bill Clinton suddenly decided, just days after he confessed to having sexual relations with White House intern Monica Lewinsky, to bomb potential terrorists in Afghanistan and Sudan.

Let’s hope the maniacs in the White House aren’t serious about actually engaging in a kinetic war this time… to boost Biden’s dismal approval rating. 

Tyler Durden
Tue, 01/25/2022 – 23:35

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Insurance Companies Note Jump In Death Payouts Amid 40% Rise Among Prime-Age Americans

Insurance Companies Note Jump In Death Payouts Amid 40% Rise Among Prime-Age Americans

Authored by Conan Milner via The Epoch Times (emphasis ours)

Insurance companies are reporting a jump in death payouts due to a dramatic rise in the number of deaths. The rise in the death rate is being corroborated by death certificate data from the Centers for Disease Control and Prevention (CDC).

More people are dying at younger ages and it’s not because of COVID-19. But it isn’t the government making a fuss about it, it’s life insurance companies.(IR Stone/Shutterstock)

The death rate is up by 40 percent from pre-pandemic levels according to Scott Davison, chief executive of OneAmerica, a major insurance company based in Indianapolis. During an online news conference on Dec. 30, 2021, Davison said the change was unprecedented.

We are seeing, right now, the highest death rates we have seen in the history of this business,” he said.

OneAmerica sells life insurance to employers nationwide, and similar figures are found throughout the industry.

“The data is consistent across every player in that business,” Davison said. “And what we saw just in the third quarter—we’re seeing it continue into the fourth quarter—is that death rates are up 40 percent over what they were pre-pandemic. Just to give you an idea of how bad that is, a three-sigma or a one-in-200-year catastrophe would be a 10 percent increase over pre-pandemic. So 40 percent is just unheard of.”

This 40 percent figure doesn’t represent folks dying of old age, but is instead a reflection of deaths in working-age adults, aged 18 to 65. However, what’s responsible for the alarming spike in fatalities in this age group isn’t clear.

With all of the concern about COVID-19 lately, the contagion seems a likely choice. But according to Davison, something else is at play. He said the data coming from insurance companies—entities in the business of paying out when people die—show that the deaths being reported as COVID-19 fatalities “greatly understate” the actual deaths from working age people hit by the pandemic, as most of the claims being filed aren’t being classified as COVID-19 deaths.

“It may not all be COVID on their death certificate, but deaths are up just huge, huge numbers,” he said.

Also taking part in the news conference was Brian Tabor, president of the Indiana Hospital Association. He also noted a dramatic rise in illness from a different perspective. Tabor said hospitals across Indiana were being flooded with patients “with many different conditions.”

In October 2021, The Times of India reported that health insurers saw a “huge surge in non-COVID claims,” with the head of interventional cardiology at a Mumbai, India, hospital noting a 40 percent increase in heart problems compared to the previous six to eight months.

Ever since COVID-19 hit, the world has been bracing itself for huge numbers. Most recently in a White House press briefing on Dec. 17, 2021, President Joe Biden warned that unvaccinated Americans can look forward to a “winter of severe illness and death for yourselves, your families, and the hospitals you may soon overwhelm.”

Still, such astronomical figures emerging all of a sudden are hard to fathom. The pandemic has worn on for nearly two years, and health officials have been keeping a close eye on the death count. What could account for such a dramatic jump at the end of 2021?

[ZH: Answering this question is Epoch’s Petr Svab with an in-depth analysis – buckle up]

Americans have been dying at a significantly higher rate over the past two years or so, but the COVID-19 disease tells only part of the story. Among seniors, the pandemic could explain the increase in mortality more easily than among younger people, where there’s a gap requiring further explanation.

Overall, there appear to be three distinct patterns in the data based on age:

Among those of age 0 to 17, mortality remained virtually unchanged since 2019.

Among those who were 65 or older, mortality increased in 2020, dropped in the first half of 2021, coinciding with the proliferation of the COVID-19 vaccines, and then increased in the third quarter of 2021, coinciding with the emergence of the Delta variant, which appeared more resistant to the vaccines.

Among those aged 18 to 49, mortality rose dramatically in the first half of 2020, then somewhat plateaued before increasing again in the third quarter of 2021.

The 50 to 64 age group appears to be a mix of the latter two patterns.

COVID-19 Impact

The differences between age groups become more apparent when deaths involving COVID-19 are highlighted.

Under the age of 18, COVID-related deaths barely register when visualized.

For those aged 75 and older, the novel disease more than explains any increases in mortality. For those aged 65 to 74, deaths were on the rise long before the pandemic. Excluding the COVID deaths leaves increases slightly above the previous trend.

Among those aged 18 to 65, however, there emerges the opposite phenomenon—after exclusion of COVID deaths, a significant hike in mortality remains. The non-COVID increase appears more pronounced in the younger age groups and less in the older ones.

There are several factors that would explain at least part of the excess deaths.

Drugs, Alcohol, Murder

Drug overdoses skyrocketed in 2020 with more than 20,000 more dying in the 18–64 age group than the year before. The Centers for Disease Control’s (CDC) preliminary data for the first half of 2021 indicates the trend even somewhat intensified.

There are several factors that would explain at least part of the excess deaths. Drugs, Alcohol, Murder Drug overdoses skyrocketed in 2020 with more than 20,000 more dying in the 18–64 age group than the year before. The Centers for Disease Control’s (CDC) preliminary data for the first half of 2021 indicates the trend even somewhat intensified.

Deaths involving alcohol—not just alcohol poisoning, but also those due to alcoholic cirrhosis of the liver and other alcohol-induced causes—have been on the rise in recent years, but the 2020 increase was particularly significant. Nearly 8,000 more died in 2020 than the year before in the 18–64 age group. The 2021 data is not yet available.

Homicide deaths increased nearly 30 percent from 2019 to 2020 in the 18–64 age group, accounting for nearly 4,000 excess deaths. Last year is shaping up to be similarly homicidal, based on CDC’s preliminary data for the first half of 2021.

With COVID-19 deaths excluded and assuming drug overdoses, alcohol, and homicide deaths continued in 2021 at a similar intensity as the year before, there was still about 50,000 excess deaths last year in the 18-64 age group.

Misclassified, Overwhelmed

The CDC and some experts argue that the excess deaths could be misclassified COVID-19 deaths as well as deaths due to lack of care because of hospitals overwhelmed with COVID patients. They point to the fact that about third of Americans die at home. Their death certificates would be probably written by attending physicians who may not test the patient for COVID-19.

The CDC issued guidance on June 15, 2020, that all people suspected of dying of COVID-19 should be tested post mortem, but it’s not clear to what degree medical practitioners are following through on it.

This explanation may be limited for several reasons.

Deaths at home indeed increased with the onset of the pandemic, from less than 32 percent in 2019 to more than 36 percent in June 2020. But then the rate dropped again, to less than 31 percent in December 2020. If people were forced to die at home because medical care wasn’t available to them, it doesn’t appear to have been widespread enough to explain the excess mortality gap.

The argument for misclassified COVID deaths usually assumes that the dying person was suffering from multiple ailments and the attending physician failed to note COVID-19 as at least a contributing factor. It’s not clear how often that applies to younger people who are generally healthier and among whom COVID-19 deaths are rarer and may stand out more.

Finally, the argument appears to use backward reasoning—assuming the excess deaths are caused by COVID-19 and then seeking supporting logic on how that could be.

Vaccines

There’s a growing group of doctors and researchers who point to the COVID-19 vaccines as a possible culprit in at least a part of the excess deaths last year. They usually point to several physiological mechanisms through which the vaccines could cause harm combined with known side effects as well as data from the Vaccine Adverse Event Reporting System (VAERS), a database of reports of health problems that have occurred after a vaccination and may or may not have been caused by it.

VAERS reports exploded with the introduction of the COVID-19 vaccines. By Jan. 7, there were over a million reports, including more than 21,000 deaths. Previously, there would be about 40,000 reports and a few hundred deaths a year. They are largely filed by health care personnel, based on previous research.

The usual arguments against the VAERS data have been that it’s unverified and unreliable. Some researchers have pointed out, however, that the system isn’t meant to provide definitive answers, but rather early warnings. In their view, the reports have raised numerous red flags that haven’t been sufficiently investigated.

CDC Data Caveats

The latest detailed cause-of-death data available on the CDC website is for the year 2020. For 2021, CDC has been releasing some preliminary data bi-weekly, but cautions that it has a lag of 8 weeks or more as the death certificate data streams in from around the country. For this analysis, only data up until October has been used. For specific causes of death beyond COVID-19, pneumonia, and influenza, the CDC doesn’t break down the available 2021 data by age, limiting its usefulness for this analysis.

In addition, CDC’s COVID-19 mortality data that covers 2021 attributes to the virus all deaths where COVID-19 was marked on the death certificate, regardless whether it was listed as the underlying cause or as a contributing factor. Early in the pandemic, the CDC instructed medical practitioners to mark all deceased who had tested positive, and even those with COVID-like symptoms but who had not been tested, as deaths caused by COVID-19. Later in 2020, the guidance gradually changed. Untested cases were to be separated and COVID-19 was required to be at least a contributing factor to be listed on the death certificate.

In the second half of 2020, the last period with available death certificate data on this point, nearly 90 percent of deaths involving COVID-19 had the disease listed as the underlying cause of death rather than a contributing factor.

Some experts have also pointed to government policies as a possible culprit in some excess deaths. School closures and business lockdowns have led to both financial and psychological depression, some research and anecdotal reports indicate, which may have led to death in some cases. Suicide deaths, though, have been relatively stable between 2019 and June 2021, based on available data.

Death After COVID

There may be a more hidden health impact of COVID-19. A study published in December found that people hospitalized for COVID-19 had somewhere between two and three times the risk of dying in the following 12 months of something other than COVID-19 than those going to a doctor, but testing negative.

“This huge explosion of inflammation during a severe episode of COVID seems to be causing a lot of other problems,” said Arch Mainous, the lead author of the study and a vice chair for research in the Department of Community Health and Family Medicine at the University of Florida.

“It looks like there is an overall impact on your body from this biological insult,” he told The Epoch Times.

The study has several limitations. It included people only from one hospital system in Florida and as such may not fully apply to the entire U.S. population. Also, it controlled for comorbidities, but used the Charlson Comorbidity Index (CCI), which only includes 17 general factors that aren’t specific to COVID-19. It includes age as well as issues such as history of heart attack, stroke, cancer, AIDS, cirrhosis, kidney disease, and diabetes. Mainous acknowledged that the index may be less predictive in younger patients.

Finally, the studied population as a whole had on average a particularly high risk of dying. Of the more than 13,600 people included, over 2,600 died within a year—nearly 20 percent. For comparison, Americans of age 85 or higher have about 10 percent annual mortality.

Tyler Durden
Tue, 01/25/2022 – 23:15

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

Toyota Targets A Record 11 Million Vehicles Produced For Its Fiscal Year 2022

Toyota Targets A Record 11 Million Vehicles Produced For Its Fiscal Year 2022

Toyota has said it plans on making a record 11 million vehicles worldwide in its fiscal 2022, which starts in April of this coming year. The production number would shatter the record Toyota set in 2016 if it can be accomplished. 

The target marks a major 20% hike from the company’s current fiscal year production and suggests a coming robust recovery in the auto market, which has suffered this year not only due to Covid, but also due to a global semiconductor shortage. 

It’s a bright sunbeam of optimism not only for Toyota, but for the entire industry, which has struggled with supply chain hang-ups throughout 2021.

Toyota has already been sharing its plans with its suppliers, a new report from Nikkei said overnight. The company is planning on making 7.5 million vehicles overseas and 3.5 million in Japan, the report says. These mark increases of 25% and 15%, respectively. 

Toyota is planning on output of more than 900,000 vehicles every month and has already told its suppliers that it has a target of 1 million vehicles for April 2022. 

But heading into the new fiscal year, the automaker still has its challenges: output for February will be reduced by 20%, Nikkei reported. 

In FY 2021, Toyota is expected to have produced about 9 million vehicles. 

Tyler Durden
Tue, 01/25/2022 – 22:55

via ZeroHedge News https://ift.tt/3G6RvLr Tyler Durden

Bond Pain Set To Ease As Curve Gets Ahead Of The Fed

Bond Pain Set To Ease As Curve Gets Ahead Of The Fed

By Garfield Reynolds, Bloomberg Markets Live commentator and analyst

This month’s bond rout is overdone. Wednesday’s Federal Reserve meeting may offer more carrots than sticks for debt investors.
While central banks are moving to exit quantitative easing as they look past the pandemic into a world of faster inflation, it’s worth remembering that Fed Chair Jerome Powell said this month that it would be “a long road to normal from where we are now.”

This characterization jars with rates markets pricing in four hikes this year and yield curves that are threatening to flatten too far and too quickly.

Keep in mind that the Fed’s plan to rapidly shrink its balance sheet should help deliver a steeper yield curve, in contrast to the flattening implied by commentators including JPMorgan Chase & Co.’s Jamie Dimon, who see the risk of more than four rate hikes this year.

Dimon has been wrong-footed on rates before — including a 2018 warning that 10-year Treasury yields would hit 5% — yet traders are falling over each other to catch the bandwagon. It’s easy to momentum-chase rate shorts, and profitable for a time, whereas betting on balance-sheet reductions is a tougher game.

Also keep in mind that forecasts and the bond market itself show that inflation should cool, either because the impact of supply shocks fade as the coronavirus shifts from pandemic to endemic, or the first one or two hikes from the Fed’s zero bound hit the real world harder than traders envisage.

On top of this, there’s the dynamic whereby the more aggressive the market gets with pricing in steep hikes, the less aggressive the Fed needs to be to get financial conditions back to normal.

So even if the broad outlook for bonds remains bearish for the next few quarters, many traders could find themselves unhappily ahead of the Fed this week.

Tyler Durden
Tue, 01/25/2022 – 22:35

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Watch: Mass Release Of ‘Single Adult Migrants’ Into Small Texas Town

Watch: Mass Release Of ‘Single Adult Migrants’ Into Small Texas Town

A massive group of single adult illegal immigrants – most of whom were men – were caught on video by Fox News being released into a Texas town via a small, unmarked office in a parking lot.

Fox News footage shows several federally contracted buses dropping off dozens of mostly male migrants at a parking garage in Brownsville, Texas. Black tarps were set up with a makeshift sign said “Border Patrol drop-off” above it. –Fox News

Watch:

Fox employees witnessed men enter a small, unmarked office – only to emerge moments later and get into multiple taxi cabs, who were then taken to nearby Harlingen Airport. According to the report “there were no children or migrant families among the groups.”

Several of the migrants told Fox that they had crossed illegally that morning, paying approximately $2,000 per person to cartel smugglers. They also said they were flying to destinations including Miami, Houston and Atlanta.

Single adults are typically being expelled via Trump-era Title 42 public health protections. The Biden administration kept Title 42 in place but is not applying it to unaccompanied children or most migrant families. However, single adults have long been the easiest category of migrant to deport. -Fox News

The Brownsville Office of Emergency Management has been conducting the migrant transfers using FEMA funding in order to facilitate “the transfer of these migrants to their final destination by allowing them to use services to contact their families, NGOs, or a taxicab,” according to the city, which confirmed that the parking garage is serving as a staging area for migrants to obtain travel information to “facilitate their transfer to their final destinations.”

According to Fox, Customs and Border Protection (CBP) says they aren’t involved in the releases, while an Immigration and Customs Enforcement source said they thought it was an ICE release.

Tyler Durden
Tue, 01/25/2022 – 22:15

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In Catastrophic Month For “Smart Money”, Goldman Saw Biggest Hedge Fund Buying Since 2020 On Monday

In Catastrophic Month For “Smart Money”, Goldman Saw Biggest Hedge Fund Buying Since 2020 On Monday

Amid record volumes and a sharp intra-day price reversal in the US equity markets yesterday, and with confused retail investors first panic selling then panic buying as they chased the unprecedented reversal in momentum on Monday…

… the Goldman Sachs Prime book saw the largest 1-day net buying since Nov ‘20 (a +3.9 standard deviation vs. the average daily net flow of the past year), driven by short covers and to a lesser extent long buys (1.6 to 1). North America was by far the most net bought region followed by EM Asia, while DM Asia was the most $ net sold.

Here is the breakdown from the latest Goldman Prime report. There are some staggering datapoints here.

  • After 8 straight days of net selling, US equities on the GS Prime book saw the largest $ net buying since Dec 17th (+3.4 SDs), driven short covers and to a lesser extent long buys (2.3 to 1).
  • Yesterday’s $ short covering in US equities – driven by Macro Products – was the 5th largest in the past five years (+3.0 SDs).
  • US ETF shorts decreased 4% (ex. MTM) – the largest 1-day reduction since Oct ’20 driven by covers in Broad-Based Equity and Technology ETFs.
  • Single Stocks saw the 3rd largest $ net buying in the past five years (+4.1 SDs), driven by long buys and to a lesser extent short covers (4 to 1).    
  • With the sole exception of Energy, all sectors were net bought led in $ terms by Consumer Disc, Info Tech, Comm Svcs, Health Care, and Industrials.
  • Following 7 straight days of net selling, Consumer Disc stocks saw the largest $ net buying since Jun ’21 (+3.8 SDs) driven by long buys and short covers (1.4 to 1).
  • Info Tech stocks were net bought for a second straight day and saw the largest $ net buying since Dec 17th (+2.1 SDs), driven by long buys and short covers (2.5 to 1).
  • Most $ Net Bought Industries – Software, Interactive Media & Svcs, Hotels, Restaurants & Leisure, Internet & Direct Marketing Retail, Entertainment, IT Svcs, Biotech, Multiline Retail
  • Most $ Net Sold Industries – Tech Hardware, Capital Markets, Oil, Gas & Consumable Fuels, Media, Pharmaceuticals, Metals & Mining, Banks, Household Durables

What about performance?

Well, on Monday, hedge funds lucked out: according to GS Prime, fundamental LS managers were down as much as -2.2% intra-day before recovering amid the price reversal, and closing -0.2% (alpha +0.2%) vs MSCI Total Return -0.6%. We suppose a similar pattern was observed on Tuesday.

But while hedge funds may have been saved by that mystery put seller we profiled yesterday, they are still facing a world of pain (and unprecedented redemption requests): according to Goldman, so far in January, Fundamental L/S funds are down 7.2% (alpha -4.0%) after just 16 trading days in 2022.

And the devastating punchline: according to Goldman “since we starting compiling performance estimates using Prime positions in Jan ’16, Fundamental LS returns had only experienced worse drawdowns in March ’20, and Q4 ’18.

And instead of having conviction one way or another and risking capital to justify their ridiculous performance fees, the so-called smart money is now absolutely clueless, and net leverage has collapsed to one year lows and sliding fast.

And in this environment where everyone is losing money and nobody knows what to do, it is not surprising that emini liquidity has cratered to levels not seen since March 2020… when the Fed had to inject $5 trillion and backstop the bond market with direct purchases of corporate bonds, to reboot the market.

Translation: good luck to Powell tomorrow and the Fed with those “six or seven hikes” and balance sheet runoff…

Tyler Durden
Tue, 01/25/2022 – 21:55

via ZeroHedge News https://ift.tt/3o1c1qG Tyler Durden

Woman At Texas Walmart Offers Another Shopper $500,000 For Her Child

Woman At Texas Walmart Offers Another Shopper $500,000 For Her Child

It looks like supply chain shortages are showing up everywhere…

For example, a woman in a Walmart in Texas this month reportedly offered another shopper $500,000 for her infant child.  

The “bizarre encounter” took place in Crockett, Texas, when two women were reportedly both at the self-checkout line. A mother on line said 49 year old Rebecca Taylor commented about her son’s blond hair and blue eyes before asking “how much he costs”. 

49 year old Rebecca Taylor

The mother originally laughed off the incident, before Taylor claimed to have $250,000 in her car. Then, the mother alerted the authorities. 

She told police that Taylor was at the store with another woman and that she waited for them to leave the store before leaving herself. After she thought Taylor left, she made her way out to the parking lot where Taylor and the other woman “screamed at her that the offer was now $500,000.”

Taylor has since been charged with “sale or purchase of a child” and has been released from the Houston County Sheriff’s Office on a $50,000 bond, the NY Post, Fox News and Click 2 Houston reported.

Tyler Durden
Tue, 01/25/2022 – 21:35

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Ukraine Crisis: How Deep State Created Biden-Putin Rift?

Ukraine Crisis: How Deep State Created Biden-Putin Rift?

Submitted by Nauman Sadiq,

Days before Biden’s inauguration as president on January 20 last year, instigating Russian dissident and Putin’s longtime foe Alexei Navalny to return to Russia on January 17 from his sojourn in Germany for no apparent political advantage, after being allegedly poisoned in August 2020, was clearly the job of the US deep state that wanted to sabotage newly inaugurated Biden administration’s relations with Russia and forestall the likelihood of rapprochement between the arch-rivals.

It’s pertinent to note that as a goodwill gesture before the Biden-Putin summit at Geneva in June, Russia significantly drewdown its troop build-up along Ukraine’s border. Reciprocating the courtesy, however, the ambience and body language of the summit, clearly choreographed by the US national security establishment, were kept as austere as possible.

No joint press conferences were held, as is customary after such momentous meetings. The organizers of the farcical show strictly ordered “no breaking the bread” or refreshments during hours-long strenuous discussions. All blame games and tough talk. Even Trump’s summit with North Korean leader Kim Jong-un was held in a more cordial atmosphere than the bitter encounter between the leaders of the two global powers.

The civilian administrations of the United States, whether Trump or Biden, want to have friendly relations with other major powers, including Russia and China, and want to focus on national economy to provide much-needed financial relief to the American electorate. But the mindset and institutional logic of the US deep state has been frozen in the Cold War era, and it perceives any threat to its global military domination agenda with utmost suspicion and hostility.

The current brinkmanship on the Ukraine crisis is a manifestation of this global power belligerence where the hands of civilian presidents are tied behind their backs and the Pentagon’s top brass determines the national security agenda pursued by the United States.

It’s worth noting that it wasn’t the first time the deep state scuttled peace negotiations between the civilian administration of the United States and its global rivals. Following their first-ever rendezvous in Singapore in June 2018 and a “bromance” lasting over a period of several months, a much-anticipated two-day summit meeting between capricious North Korean leader Kim Jong-un and Donald Trump was held at the Metropole Hotel in Hanoi, Vietnam, on February 27–28, 2019.

On the last day of the Hanoi Summit, however, the White House abruptly announced that the summit was cut short and that no agreement was reached. Trump later clarified that it was due to North Korea’s insistence on ending all sanctions. The real reason of the foundering of the much-hyped North Korea nuclear negotiations, however, can be discovered in hardly noticed news headlines weeks after the summit.

In March 2019, Adam Taylor and Min Joo Kim reported for the Washington Post:

“In broad daylight in late February, just days before President Trump met with North Korea’s Kim Jong-un in Hanoi, a group of masked men forced their way into the North Korean Embassy in Madrid. The intruders tied up staff and took computers and mobile phones before fleeing.

“The raid was initially a mystery, but the culprit was soon revealed: Free Joseon, an organization that calls for the overthrow of Kim’s dynasty. More details emerged this week as a Spanish judge lifted a secrecy order on the embassy raid case and claimed one of the perpetrators had later shared stolen material from the raid with the FBI.

“More startling still to North Korea watchers, however, was one of the names of the suspects Spain would reportedly seek to extradite from the United States: a Mexican citizen by the name of Adrian Hong Chang. To many, that name rang a bell.

“Adrian Hong had been a prominent figure in the tightknit world of defectors and activists in Washington and Seoul a decade earlier. Hong had spent some of his childhood in Mexico and later studied at Yale University, where he formed a now well-known NGO that campaigned for change in North Korea. He was a regular at government events and in newspaper op-eds.

“Some said the statements by Free Joseon fit in with the man they knew. For years, Hong has sought to establish a government-in-exile for North Korea. Lee Wolosky, a lawyer with Boies Schiller Flexner and a former State Department official, issued a statement on the group’s behalf Wednesday that said ‘the United States and its allies should support’ groups that oppose the North Korean government.

“Hong later formed Pegasus Strategies, an advisory firm, and was listed as president of a North Korea-focused group called the Joseon Institute. He appears to have broadened his interests to include the Middle East, traveling to Libya in 2011. ‘I consider the Arab Spring a dress rehearsal for North Korea,’ he said in an interview with the National that year.

“Park Sang Hak, a prominent North Korean defector, said he had last seen Hong in Washington in June 2018, when they both attended a meeting at the Director of National Intelligence. There has been widespread speculation in both the Spanish and South Korean media that the group has ties to the CIA. South Korea’s Munhwa Ilbo, the country’s main evening conservative newspaper, published an editorial Thursday that said the ‘US seems to be unofficially involved and providing support’ to Free Joseon.

“State Department spokesman Robert J. Palladino said Tuesday that the U.S. government ‘had nothing to do’ with the embassy incident. Kim Jung-bong, a former NIS official, said while he thought the Free Joseon movement was probably in contact with the CIA, he doubted the U.S. intelligence community would have supported the embassy raid. ‘Their moves were too sloppy,’ Kim Jung-bong said.

“It was not immediately clear how the group could have afforded to carry out raids in a foreign country or hire a prestigious law firm such as Boies Schiller Flexner.”

After reading the excerpts, it becomes abundantly clear that Adrian Hong was a CIA asset and the brazen tactics of raiding North Korea’s embassy in Madrid were deliberately made to look “sloppy” because the raid’s purpose was nothing more than sending a clear message to the North Korean leader before the Hanoi Summit.

Although Trump was eager to get a coveted feather in his diplomatic cap by making Kim Jong-un agree to discard North Korea’s nuclear program, the US national security establishment was staunchly against the negotiations since the beginning.

While Trump was holding a summit with the North Korean leader in Singapore in June 2018, the deep state shills in the mainstream media were publishing fabricated satellite images and speculating that Trump was being duped by Kim and that North Korea had shifted its nuclear arsenal at a secret location in the mountainous region bordering China.

Coming back to Ukraine’s aspirations for joining NATO and the alliance’s eastward expansion along Russia’s western borders, the ostensible cause of the current standoff, it’s pertinent to mention that the trans-Atlantic military alliance NATO and its auxiliary economic alliance European Union were conceived during the Cold War to offset the influence of the former Soviet Union which was geographically adjacent to Europe.

Historically, the NATO military alliance, at least ostensibly, was conceived as a defensive alliance in 1949 during the Cold War in order to offset conventional warfare superiority of the former Soviet Union. The US forged collective defense pact with the Western European nations after the Soviet Union reached the threshold to build its first atomic bomb in 1949 and achieved nuclear parity with the US.

But the trans-Atlantic military alliance has outlived its purpose following the dissolution of the Soviet Union in 1991 and is now being used as an aggressive and expansionist military alliance meant to browbeat and coerce the former Soviet allies, the Central and Eastern European states, to join NATO and its corollary economic alliance, the European Union, or risk international economic isolation.

It was not a coincidence that the Soviet Union was dissolved in December 1991 and the Maastricht Treaty that consolidated the European Community and laid the groundwork for the European Union was signed in February 1992.

The basic purpose of the EU has been nothing more than to entice the former communist states of the Eastern and Central Europe into the folds of the Western capitalist bloc by offering financial incentives and inducements, particularly in the form of agreements to abolish internal border checks between the EU member states, thus allowing the free movement of workers from the impoverished Eastern Europe to the prosperous countries of the Western Europe.

Regarding the global footprint of the American forces, according to a January 2017 infographic by the New York Times, 210,000 US military personnel were deployed across the world, including 79,000 in Europe, 45,000 in Japan, 28,500 in South Korea and 36,000 in the Middle East.

In Europe, 400,000 US forces were deployed during the height of the Cold War in the sixties, though the number has since been significantly brought down after European powers developed their own military capacity following the devastation of the Second World War. The number of American troops deployed in Europe now stands at 47,000 in Germany, 15,000 in Italy and 8,000 in the United Kingdom. Thus, Europe is nothing more than a client of corporate America.

Not surprisingly, the Western political establishments, and particularly the deep states of the US and EU, were as freaked out over the outcome of Brexit as they were during the Ukrainian Crisis in November 2013 when Viktor Yanukovych suspended the preparations for the implementation of an association agreement with the European Union and threatened to take Ukraine back into the folds of the Russian sphere of influence by accepting billions of dollars of loan package offered by Vladimir Putin.

In this regard, the founding of the EU has been similar to the precedent of Japan and South Korea in the Far East where 45,000 and 28,500 US troops have currently been deployed, respectively. After the Second World War, when Japan was about to fall in the hands of geographically adjacent Soviet Union, the Truman administration authorized the use of nuclear weapons on Hiroshima and Nagasaki to subjugate Japan and send a signal to the leaders of the former Soviet Union, which had not developed its nuclear program at the time, to desist from encroaching upon Japan in the east and West Germany in Europe.

Then, during the Cold War, American entrepreneurs invested heavily in the economies of Japan and South Korea and made them model industrialized nations to forestall the expansion of communism in the Far East.

Similarly, after the Second World War, Washington embarked on the Marshall Plan to rebuild Western Europe with an economic assistance of $13 billion, equivalent to hundreds of billions of dollars in the current dollar value. Since then, Washington has maintained military and economic dominance over Western Europe.

Thus, all the grandstanding and moral posturing of unity and equality aside, the hopelessly neoliberal institution, the EU, in effect, is nothing more than the civilian counterpart of the Western military alliance against the former Soviet Union, the NATO, that employs a much more subtle and insidious tactic of economic warfare to win over political allies and to isolate adversaries that dare to sidestep from the global trade and economic policies as laid down by the Western capitalist bloc.

*  *  *

Nauman Sadiq is an Islamabad-based attorney, columnist and geopolitical analyst focused on the politics of Af-Pak and Middle East regions, neocolonialism and petro-imperialism.

Tyler Durden
Tue, 01/25/2022 – 21:15

via ZeroHedge News https://ift.tt/32y4Bnx Tyler Durden

Watch: Nugget Of Truth Emerges On CNN As Guest Rips Biden Apart

Watch: Nugget Of Truth Emerges On CNN As Guest Rips Biden Apart

Authored by Steve Watson via Summit News,

In between rearranging its programming to account for sacked presenters and accused pedophile producers, CNN found itself in a bind when a guest uttered a few words of truth by completely slamming the Biden administration.

Host Anderson Cooper was lost for words as Scott Jennings, former Special Asst. to President George W. Bush, tore into the “disaster” that is the Biden regime.

“I think he has a lot of political problems,” Jennings noted, adding “and an AP poll came out this morning, only 28 percent of Americans want the sitting president to run for re-election. And fewer than half of Democrats.”

“This is a disaster,” Jennings continued, also noting:

“I never imagined how quickly this would all unfold.”

“The person they sold on the campaign,” Jennings went on “The nice old moderate Grandpa who just wanted to help everybody get along and compromise is not what we got over the past year.”

“He has no mandate, really, to do much of anything,” he added, urging “It’s amazing that he got a couple of things done when the mandate was pretty clear: 50/50 Senate and near 50/50 House, and a pretty close presidential election.”

“The mandate was simply ‘replace Donald Trump and don’t do anything drastic or stupid,” Jennings said, adding:

“And yet everything about this agenda is extremely drastic. And he’s been angrier than I think people expected, he’s been more divisive, he’s been more partisan.”

“You look at the issues. We built five years of coverage on Trump out of Russia, COVID, and democracy,” Jennings asserted, adding:

“The president, in his press conference, invites Russia to invade the Ukraine. We have more [COVID] deaths under Biden than Trump. And now we have the president and the vice president question the legitimacy of the 2022 election? Are we any better off on these issues that we crucified Trump over?”

Watch:

Of course, no one saw this because CNN has lost 90% of its viewers and is more concerned with sending the likes of Brian Stelter into schools to man spread and blather about ‘misinformation’ in front of masked kids.

*  *  *

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Tyler Durden
Tue, 01/25/2022 – 20:35

via ZeroHedge News https://ift.tt/33OY1JK Tyler Durden