Hospital Threatens Defamation Suit Over a 15-Year-Old’s Change.org Petition 


Samson Cournane | Samson Cournane

A Maine hospital is threatening to sue a former employee for defamation after her 15-year-old son wrote a petition calling for an investigation into the hospital’s lax patient safety standards. 

According to a legal letter recently sent to the hospital, Anne Yered, a pediatric intensive care physician, was fired without cause from Northern Light Health’s Eastern Maine Medical Center last June after she raised patient safety concerns.

Yered’s son, Samson Cournane, a then 14-year-old student at the nearby University of Maine, says he decided to research patient safety at the hospital after his mother’s firing. According to a press release from the Foundation for Individual Rights and Expression (FIRE), a First Amendment nonprofit involved in the case, Samson “found that news articles and watchdog reports showed a troubling pattern of safety issues at his local hospital.”

Soon after, Cournane decided to write a petition urging Maine congressional Rep. Jared Golden to launch an investigation into the hospital’s practices. He also launched a Twitter account to advertise the petition. A month later, he also wrote an article in his university’s newspaper, where he discussed the hospital’s safety issues and linked to his petition. According to Cournane’s article, the hospital is plagued by understaffing and overcrowding.

“My hope with this petition is to show hospital administration that we are serious about solving this potential crisis,” Courane wrote. “I hope that hospital executives will join with the important stakeholders and conduct round table discussions about ways to improve the situation outlined in the petition.”

In January, Yered sent the hospital a draft complaint after exhausting her attempts to reverse her wrongful termination without litigation. According to FIRE, “the hospital fired back, threatening to countersue for defamation based on Samson’s written advocacy and baselessly claiming that Dr. Yered ‘ghostwrote’ the petition, tweets, and letter to the editor,” despite no evidence supporting this claim.

FIRE argues that the hospital’s threatened lawsuit would be an obvious example of a SLAPP (strategic lawsuits against public participation) lawsuit, a meritless lawsuit filed to intimidate—or bankrupt—an organization’s or individual’s critics into silence.

However, Maine has an anti-SLAPP law which states that lawsuits over speech that “[fall] within constitutional protection of the right to petition government” under the U.S. Constitution or the Constitution of Maine that are not “devoid of any reasonable factual support” are eligible for a special motion to dismiss. 

“Even without Maine’s statutory protection, Samson’s public advocacy cannot constitute defamation,” FIRE wrote in its letter to the hospital’s lawyers. “As described above, Samson’s statements of fact are supported by personal knowledge and documentary evidence. His opinions are expressions of personal judgment, based on his interpretation of facts—a well-established category of protected speech.”

“The reason I chose to speak out was that everyone deserves to have safe and good quality health care. And when I found out about this, I felt like I was morally accountable to do something about it and raise awareness with the administration and in the community,” Courane told FIRE. “I wrote all these things, and I fully believe what I’m saying. And I feel like this just makes me want to do more.”

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Presence of ‘Forever Chemicals’ in Paper Straws Highlights the Inanity of Plastic Straw Bans


Paper straws contain higher concentrations of potentially harmful PFAS | Richardjohnsonuk/Dreamstime.com

When Kamala Harris was asked about whether she’d support a ban on plastic straws during a 2019 CNN town hall event, the then-senator and presidential candidate briefly made a stab at appearing human and folksy by talking about how much she hated widely loathed paper straws.

“It’s really difficult to drink out of a paper straw. If you don’t gulp it down immediately, it starts to bend, and then, you know, the little thing catches it. We have to kind of perfect that one a little bit more,” she said, chuckling awkwardly.

The deficiencies of paper straws notwithstanding, Harris nevertheless endorsed a ban on plastic straws as a necessary measure to protect the environment.

But as it turns out, even a perfected paper straw might not be a win for the planet.

A new study published yesterday by Belgian researchers in the journal Food Additives & Contaminants found that paper straws contained higher concentrations of poly- and perfluoroalkyl substances (PFAS)—more commonly known as “forever chemicals” because of how long they take to break down in nature—than plastic and steel straws.

PFAS are frequently used in consumer products and industrial processes, given their water- and fire-resistant properties. Their use is also controversial given that they can be toxic at high concentrations, and even small concentrations can accumulate in bodies and natural environments over time.

Dozens of states have already passed laws to restrict some PFAS. Similar, unsuccessful efforts have been introduced in Congress. The European Union has also considered banning them.

These efforts have done little to keep forever chemicals out of paper straws, however.

The Belgian study found that, of the 39 brands of straws tested, those made of paper and bamboo were more likely to have PFAS present. Paper straws also had higher concentrations of PFAS than plastic straws.

The study’s authors said the inclusion of PFAS could be intentional, as the chemicals’ water-repellency would be useful in preventing straws from turning into a pulpy mess when stuck in a drink. They also say that these chemicals could unintentionally wind up in paper straws as a result of PFAS use in recycling processes.

Whatever the case, the Belgian researchers argue that the greater presence of PFAS in paper straws could actually make them less environmentally friendly than the plastic straws they’re meant to replace.

“These ‘eco-friendly’ plant-based straws are not necessarily a more sustainable alternative to plastic straws, because they can be considered as an additional source of PFAS exposure in humans and the environment (e.g. after degradation in landfills or through incomplete incineration),” write researchers.

They suggest stainless steel straws—which were found to have no PFAS—as the truly sustainable alternative.

To be sure, the harms PFAS pose to human and environmental health are the subject of ongoing research and scientific controversy. Their presence in paper straws is  nevertheless a useful illustration that there are always tradeoffs and costs to environmental policies, even when one only cares about the goal of “sustainability.”

Beginning in the late 2010s, plastic straws became a target of bans, boycotts, and consumer awareness campaigns because of their (incredibly minimal) contribution to the admittedly serious problem of plastic pollution.

Their prohibition would, it was thought, reduce plastic waste getting into the environment. But to the degree that these bans led people to substitute paper for plastic, all they’ve done is swap out some minimal amount of plastic consumption for increased PFAS pollution.

Is that a worthwhile environmental tradeoff? I’m not sure. I don’t think that’s a question something the people over at Straw Wars or the Seattle City Council (which passed the first straw ban in a major city) ever asked themselves.

Should we perhaps replace paper and plastic straws with steel ones, as the authors of the Belgian study suggest?

That would cut down on both PFAS and plastic pollution. On the other hand, the manufacture and transportation of heavier steel straws would surely increase greenhouse gas emissions. Are less plastic and fewer forever chemicals worth more carbon in the atmosphere?

These environmental tradeoffs don’t even touch the other costs of plastic straw and bag bans, in terms of higher costs for businesses, less convenience for consumers, and less choice for everyone. Once you start roping those factors in, the scales start to lean pretty heavily indeed against plastic straw bans.

The straw-banning fervor of the 2010s seems a little silly in retrospect. (Perhaps that’s why Kamala Harris was awkwardly laughing through her answer in that CNN town hall?)

Nevertheless, there have been some revisionist defenses of these bans as of late.

Environmentalist magazine Grist argued these bans succeeded as a “gateway” ban. The loss of ubiquitous plastic straws got people to wake up to all the expendable plastic items that governments could easily ban. Seemingly performative straw bans beget bans and restrictions on plastic forks, plates, and ketchup packets.

As it turns out, expanding straw bans to other peripheral plastic items hasn’t, in fact, arrested global plastic production.

If anything, these bans just spread the very unproductive idea that governments can address large environmental problems by banning straws, forks, or whatever else. Focusing on individual items is failing on its own terms. It’s also blinding people to potentially serious tradeoffs as well.

The post Presence of 'Forever Chemicals' in Paper Straws Highlights the Inanity of Plastic Straw Bans appeared first on Reason.com.

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The Washington Post Says Democracy Demands Less Freedom of Speech


Donald Trump and Tucker Clarson | Tucker Carlson/Twitter

Donald Trump was back on X, the social media platform formerly known as Twitter, last night for the first time since he got the boot in 2021 following the riot by his supporters at the U.S. Capitol. Trump posted the mug shot of him that was taken at Atlanta’s jail this week when he was booked on the charges laid out in his Georgia indictment, which stem from his efforts to overturn the 2020 presidential election results in that state. He included a caption that described the indictment as “ELECTION INTERFERENCE” and urged his followers to “NEVER SURRENDER!”

After taking over the platform that was then known as Twitter last year, Elon Musk, an avowed “free speech absolutist,” reinstated Trump’s account. But this is the first time that Trump, who started a competing platform that is still known as Truth Social, has made use of Musk’s permission. The Washington Post, in a news story published this morning, portrays Musk’s decision and the attitude underlying it as part of a worrisome trend that threatens “democracy” by allowing “political misinformation” to proliferate on social media. The piece nicely illustrates the confusion, obfuscation, and hypocrisy that characterize mainstream press coverage of that subject.

As is typical of this journalistic genre, Post reporters Naomi Nix and Sarah Ellison never address the question of what counts as “misinformation,” a highly contested category. Nor do they grapple with the content moderation problem of how to deal with politicians who say things of public interest that are arguably or demonstrably untrue. And although they allude to a constitutional challenge provoked by the federal government’s efforts to restrict speech on social media platforms, they never mention the First Amendment. That is a pretty striking omission by people whose profession relies on that amendment’s protections and who claim to be worried about the health of our democracy.

Nix and Ellison warn that “social media companies are receding from their role as watchdogs against political misinformation, abandoning their most aggressive efforts to police online falsehoods in a trend expected to profoundly affect the 2024 presidential election.” Under Musk’s baneful influence, they complain, Facebook and YouTube have “backed away from policing misleading claims” and “are receding from their role as watchdogs against conspiracy theories.”

The main conspiracy theory that Nix and Ellison have in mind, of course, is the one claiming that systematic fraud, including deliberately corrupted voting machines and massive numbers of phony ballots, deprived Trump of his rightful victory in the 2020 election. As they note, neither Trump nor his lawyers ever produced any credible evidence to support that theory. Yet Trump, who currently is by far the leading contender for the 2024 Republican presidential nomination, still claims he actually won reelection, and the sincerity of that belief is a central issue in both the Georgia case and his federal prosecution for conspiring to make that fantasy a reality. As Nix and Ellison note, most Republican voters—63 percent, according to a CNN poll conducted in May—agree with Trump that Joe Biden “did not legitimately win enough votes to win the presidency.”

As Nix and Ellison see it, none of those people should be allowed to express that view on social media. They also think it was clearly wrong for X to let Tucker Carlson post his recent interview with Trump, which was timed to coincide with the Republican presidential debate he skipped. “Trump capitalized on [Musk’s] relaxed standards” in that interview, they complain, by reiterating his “false claims that the 2020 election was ‘rigged’ and that the Democrats had ‘cheated’ to elect Biden.”

For me, that unilluminating, sycophantic interview, during which Carlson never asked a challenging question and let Trump ramble on about whatever random subjects flitted through his mind, was hard to watch. But as I write, it has racked up more than 256 million views, which suggests that more than a few people were interested in what Trump had to say. By comparison, Fox News says fewer than 13 million people watched its broadcast of the debate that Trump skipped.

X, in short, seems to be giving people what they want, which makes good business sense. One might also argue, as Carlson did, that “whatever you think of Trump…voters have an interest in hearing what he thinks,” since he is the “indisputable, far-and-away front-runner in the Republican race.”

Nix and Ellison do not see it that way. For the good of democracy, they think, social media platforms should be showing users political content only if it can be certified as accurate. That is, of course, an impossible challenge, one that is magnified by the difficulty of determining when speech, although not demonstrably false, nevertheless qualifies as “misinformation” because it is “misleading.” Policing “hate speech,” which Nix and Ellison also want the platforms to do, poses similar problems of interpretation and judgment.

The major platforms define their content moderation mission more narrowly than Nix and Ellison would like. “We remove content that misleads voters on how to vote or encourages interference in the democratic process,” YouTube told the Post. “Additionally, we connect people to authoritative election news and information through recommendations and information panels.” Meta, which owns Facebook, Instagram, and Threads, was vaguer. “Protecting the U.S. 2024 elections is one of our top priorities,” it said, “and our integrity efforts continue to lead the industry.”

No matter how they decide to flag or suppress content, the platforms will be pissing off a lot of people. There is “no winning,” Katie Harbath, former director of public policy at Facebook, told the Post. “For Democrats, we weren’t taking down enough, and for Republicans we were taking down too much.” In light of those conflicting demands, Harbath said, Facebook decided “it’s just not worth it anymore.”

This situation becomes even more difficult and complicated when federal officials start demanding that social media companies do more to suppress speech those officials view as dangerous to democracy, public health, or national security. It also becomes constitutionally problematic—a point that Nix and Ellison do not even acknowledge. Instead they complain that “an aggressive legal battle over claims that the Biden administration pressured social media platforms to silence certain speech has blocked a key path to detecting election interference.”

Those are not merely “claims.” The Biden administration indisputably “pressured social media platforms,” publicly and privately, “to silence certain speech.” The legal question is whether that pressure amounted to government-directed censorship, in violation of the First Amendment. A federal judge concluded that it did.

Nix and Ellison probably disagree with that decision. But they do not even mention it, let alone explain why they think it was wrong. More generally, they seem completely untroubled by the free speech implications of not-so-subtly threatening social media companies with antitrust litigation, heavier regulation, and increased exposure to civil liability if they fail to follow the government’s content moderation recommendations.

Nix and Ellison repeatedly raise the specter of foreign interference with U.S. elections. The “new approach” to content moderation, they say, “marks a sharp shift from the 2020 election, when social media companies expanded their efforts to police disinformation. The companies feared a repeat of 2016, when Russian trolls attempted to interfere in the U.S. presidential campaign, turning the platforms into tools of political manipulation and division.”

Those sinister-sounding efforts were pretty pitiful, less than a drop in the bucket of the “misinformation” and “disinformation” that Americans themselves regularly produce. By invoking a foreign threat, Nix and Ellison distract readers from the central issue, which is whether democracy is better served by heavy-handed moderation that aims to shield social media users from false, misleading, and hateful speech or by the more free-wheeling approach that Musk prefers. They think the answer is obvious, which is why they present their advocacy as straight news reporting.

The post <i>The Washington Post</i> Says Democracy Demands Less Freedom of Speech appeared first on Reason.com.

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Watch: Maui Residents Turned Back By Police Barricades Recount Their Brush With Death

Watch: Maui Residents Turned Back By Police Barricades Recount Their Brush With Death

After Joe Biden’s recent delayed visit to Maui in which he fell asleep during a ceremony honoring the people killed during the terrible event and chuckled about almost “losing his wife, his corvette and his cat” in a fire, many questions about the calamity remain unresolved. Without any obvious pressure from the federal government to get answers, Hawaii’s Democrat leadership is left to its own devices.  They are even attempting an information blackout instead of begging Maui citizens for their forgiveness.  

Multiple reports from Lahaina indicate that West Maui residents ran into government barricades while trying to flee the rapidly expanding fire; with the survivors being forced to disobey the blocks and bypass police.  It’s yet another bizarre occurrence in a long list of disastrous decisions made by Hawaiian officials that likely cost hundreds (if not thousands) of lives.  

The government gave no warning siren, denied access to water for fighting back the blaze, and set up barricades which stopped people from escaping.  It’s almost as if the state government did not care about a high body count…

The following video is an overview of first hand footage recorded by Maui citizens, recounting their brush with death after they barely slipped past the rushing fire only to be turned back into the inferno by police blockades.  Luckily they lived, some only by running into the ocean to wait out the fires.  The question remains – Why did this happen?  How could a place surrounded by water be allowed to burn so easily with families being chased into the sea?  How did Hawaiian officials make the worst possible decisions at every turn?  Was it incompetence, or, something else?

   

Tyler Durden
Fri, 08/25/2023 – 17:20

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A Startling Compilation: ‘Neither Safe Nor Effective’

A Startling Compilation: ‘Neither Safe Nor Effective’

Authored by Linda Weigenfeld via The Epoch Times (emphasis ours),

Doctors without Borders protest outside Pfizer world headquarters on April 23, 2015 in New York City. (Andrew Burton/Getty Images)

A section of Dr. Colleen Huber’s introduction to her very important book, “Neither Safe Nor Effective 2nd Edition: The Evidence Against the COVID Vaccines,” is worth quoting before looking at the book as a whole:

“Dr. Peter McCullough, an American cardiologist, called the COVID vaccines, ‘the worst pharmaceutical development idea in the history of mankind.’”

“It often comes as a surprise to people that mRNA-type medical interventions and coronavirus vaccines had plenty of red flags through their history prior to December 2020. The ingredients used were already known to be toxic: Cationic lipids injure the nervous system, lungs and liver, as well as cell membranes throughout the body. Polyethylene glycol was never used for injections, due to safety concerns. mRNA had already been shown to change DNA. Previous attempts at coronavirus vaccines had all failed and killed the test animals. So inflicting the world’s population with a new, mostly untested vaccine for which its components already had so many safety warnings was the most widespread reckless experiment in human history.

Dr. Peter McCullough (L) confers with Sen. Ron Johnson (R-Wisc.) during a panel discussion on COVID 19, on Jan. 24, 2022. (Drew Angerer/Getty Images)

Dr. Huber exposes the deaths, injuries, and the lack of desired results left in the wake of the COVID vaccines. She backs up her words with over 700 references to medical studies and government webpages.

A Little Background

Dr. Colleen Huber’s clinic in Tempe, Arizona, has provided cancer care by naturopathic physicians for its 16 years of existence. In 2014, Dr. Huber authored the largest and longest study in medical history on sugar intake in cancer patients.

Since the spring of 2020, Dr. Huber’s research interests have focused on the health hazards of masks and the COVID vaccines, as well as early treatments for COVID. As a medical expert in court cases related to vaccine safety concerns, she has, to prepare testimony for trials, compiled vital statistics, data from vaccine manufacturers, and other data from the United States and governments from around the world.

While parts of Dr. Huber’s book are quite technical and others unpleasant (to say the least), without access to a book with data such as this, the health of those receiving vaccines could be further jeopardized and lives lost. The documentation is complete and comprehensive, supporting Dr. Huber’s intention to expose the truth about the COVID vaccinations.

An illustration of Moderna’s Covid-19 Vaccine stickers and syringes on Nov. 17, 2020. (Justin Tallis /AFP via Getty Images)

A Lack of Public Scrutiny

Dr. Huber discusses how the naïve public was required to allow Pfizer, Moderna, Johnson and Johnson to inject substances on pure faith—without any scientific results backing up the company’s products.

Each of the manufacturers were inadequately scrutinized by the public prior to widespread use of the vaccines. Yet there was reason to thoroughly examine these companies. Pfizer had the distinction of paying the largest criminal fine in history for fraud, and Moderna had never produced anything before, much less a medical treatment. Johnson and Johnson had recently been convicted of asbestos contamination in its talcum powder. Thus, the three main manufacturers of the COVID vaccines each had a history that should have alarmed people.

There was also an assumption by the public that the vaccines would be better than the disease. Perhaps, in part, this assumption was due to a heavily financed and carefully choreographed COVID fear campaign.

Dr. Huber says that an emergency experimental vaccine cannot be assumed to be safer than a virus with a very high survival rate such as COVID.

Vaccine Side Effects

Dr. Huber documents the effects of COVID vaccinations. For example, the vaccine may cause blood clotting which can cause strokes, heart attacks, and pulmonary embolisms.

The vaccine turns the body into a spike-protein factory. These spike proteins then damage blood vessels and cells throughout the body, including cells in the heart.

Uveitis, an eye inflammation, is a common complaint within a few days following a COVID vaccination.  This manifests as blurred vision, floaters, pain, redness and/or light sensitivity.  Injuries to the retina and clouding of the vitreous humor (the clear gel that we see through) have also been reported.

By August 2022, data analyst Raimond Hagemann had compiled information on birth rate changes in 19 European countries and produced an extremely important paper. Nine months after the peak of COVID vaccinations, birth rates sharply declined and stayed down.

Cancers, especially aggressive cancers, have increased enormously since peak COVID vaccine uptake in spring of 2021.

Demyelinating disorders, that is, conditions that damage a layer of cells that protect the nerves, have been reported following the vaccinations.  These include multiple sclerosis, Guillain-Barre, seizures, encephalopathies, and encephalitis.

A map showing share of population fully vaccinated against COVID-19. Note Africa’s vaccination rate. (Our World In Data/CC BY-SA 4.0)

Other Chapters of Interest

Dr. Huber has a chapter giving a review of the immune system, and another explains why vaccines for respiratory diseases cannot work. There is also a chapter demonstrating with graphs that the more vaccines (boosters) a person receives, the more damage that can occur.

Offering suggestions for healing the vaccine injured, Dr. Huber adds the disclaimer that she cannot guarantee any of her advice will even partially heal the injured but some of it may prove effective in some cases. She mentions Vitamin D with its long and very successful history against viral infections, as well as agmatine, phosphatidyl serine, and nattokinase.

She also advises looking to Africa for solutions. Africa has been a beacon of light against an otherwise bleak global map. The continent has the distinction of having very little incidence and deaths from COVID when compared to the rest of the populated world. Africa also had an extraordinarily low vaccination rate. Instead, of vaccines, ivermectin and hydroxychloroquine have been widely used throughout equatorial Africa for about a half century as they happen to be very useful against endemic parasites.

Dr. Huber includes a chapter on legal cases that are pertinent to bodily autonomy. She includes a link to each case, including some in which she was not involved, with quotes from each ruling judge.

She also talks about how to obtain religious and medical exemptions to COVID vaccines—providing a letter which asserts civil rights and supports bodily autonomy.

Speaking to the Author

Colleen Huber provided some insights as to why she wrote “Neither Safe Nor Effective.”

Dr. Colleen Huber, author of “Neither Safe Nor Effective, 2nd Edition: The Evidence Against the COVID Vaccines.” (Substack)

Fearing a pandemic may happen again, Dr. Huber worried about the almost blind acceptance of COVID vaccines. She hopes her book will help stop mandatory COVID vaccination for all people because one size does not fit all. The bodies of people are different and react in different ways to drugs, vaccines, and even food. Thus, she hopes her book will provoke second thoughts in those who are thinking of getting COVID injections in the future.

She also wants to dispense information that empowers people. By publishing her data now, she shows what happens when a government and social-media companies collude to stifle a free exchange of medical information. It’s become clear that problems with the COVID vaccines would have been easier to prevent before they were administered than to treat the problems they’ve created afterwards.

And, of course, she wants to provide resources to help the vaccine injured.

Dr. Huber’s reasons for her writing the book are the very reasons that you should buy the book. Knowledge is power.

Tyler Durden
Fri, 08/25/2023 – 17:00

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US Bank Deposits Plunged Last Week As Fed Rescue Funding Usage Hits New Record High

US Bank Deposits Plunged Last Week As Fed Rescue Funding Usage Hits New Record High

For the first time in 6 weeks, US money market funds saw outflows (admittedly a tiny $1BN)…

Source: Bloomberg

The outflows were driven by institutional funds – the first in 6 weeks. Retail funds saw inflows for the 18th straight week..

Source: Bloomberg

Also of note is that usage of The Fed’s emergency funds rose yet again (admittedly only $144MN) to a new record high…

 

Source: Bloomberg

Meanwhile, total bank deposits (on a seasonally-adjusted basis) fell for the second week in a row, plunging last week by $49BN…

Source: Bloomberg

Which leaves the divergence between bank deposits and money market funds wide but perhaps starting to narrow…

Source: Bloomberg

The big drop in deposits was driven by foreign bank outflows (-$31BN) but Large ($13BN) and Small banks ($4.6BN) also saw notable outflows on a SA basis. However, on a non-seasonally-adjusted basis Large (+$14BN) and Small banks (+$1.4BN) saw  deposit inflows.

Source: Bloomberg

So, we have the now ubiquitous ‘baffle em with bullshit’ measures showing domestic US banks had $15BN of inflows (NSA) but $18BN of outflows (SA)…

Source: Bloomberg

Despite the outflows, Large ($13.7BN) and Small ($6.3BN) banks saw loan volumes increase last week…

Source: Bloomberg

Finally, US equity market cap remains divergent from bank reserves at The Fed…

Source: Bloomberg

So what exactly are the banks going to do in 6 months when The Fed’s BTFP funding expires? That’s a $107BN balance sheet hole that will need to be fixed…

Tyler Durden
Fri, 08/25/2023 – 16:40

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Kunstler: The Party Of Chaos Is Running Scared

Kunstler: The Party Of Chaos Is Running Scared

Authored by James Howard Kunstler via Kunstler.com,

“Georgia could determine who is our next president. A TEAM of lawyers needs to watch them count every single vote. They can start in Fulton County where we are having water leaks.”

– Fulton County DA Fani Willis, Nov. 4, 2020

What to make of this mugshot? Serious as a heart attack? I’d hate to be you on that fateful day? Table turner? Energy shift? Game on? Daddy’s in da house? Good career move? You can run but you can’t hide? Please, Br’er Fox, don’t fling me in that-there briar patch…

Good luck trying this case, DA Fani Willis. And by all means roll the TV cameras in the courtroom. You are about to supplant the Scopes trial of 1925 as the most notoriously ridiculous piece of legal work in US history. That one, over in Tennessee, was called “the Monkey Trial” when a high school teacher named John Scopes was charged with teaching the theory of evolution in his biology class. It got the national news spotlight for the duration. The state enlisted three-time Democratic presidential nominee Williams Jennings Bryan as a special prosecutor. Poor Bryan, famously sweating in the southern July heat, was made a fool of by Chicago lawyer for the defense Clarence Darrow. Bryan died of a stroke days after the conclusion of the trial. It also killed what remained of his reputation.

This week, DA Willis staged the circus parade of bookings, forcing the large cast of indictees – most of them attorneys for Mr. Trump – to submit to the finger-printing and mugshot ceremony in the county jail, in case any of them had thoughts of decamping to Uruguay. The cable news peanut gallery went berserk with glee at the humiliation of election denial celebrities Rudy Giuliani, Sidney Powell especially. On Thursday, attorney Kenneth Chesebro, who advised Georgia GOP officials on the process of assembling alternate electors in the case of election fraud under Georgia law, demanded a speedy trial.

Under Georgia’s speedy trial law, Mr. Chesebro’s trial would have to take place this fall. (Such are the guiles of the law.) The Atlanta Journal-Constitution newspaper called it, “an aggressive filing.” Ms. Willis had hoped to try all 19 defendants together during the 2024 presidential primary season, to support her RICO charges. Meanwhile, three other defendants, including former White House Chief of Staff Mark Meadows, filed to have their cases removed to the federal court, in so far as the actions they are accused of taking happened while they worked in the service of the US government. Mr. Meadows is accused of seeking by email to get the phone number of a Pennsylvania election official.

Ms. Willis’s case hinges on a number of novel propositions. First, that it is somehow against the law to object to the outcome of an election. And second, that the process for relief in such a case, as provided in Georgia’s election contest law and the US Electoral Count Act of 1887, does not apply to Mr. Trump and his lawyers. Anyone who intends to challenge the outcome must necessarily assemble a panel of alternate electors if state officials cannot certify the election properly and in good faith. Ms. Willis refers to these erroneously as “fake electors.” Mr. Trump and his co-defendants will necessarily have to present evidence that the Georgia presidential election of 2020 was not certified properly or in good faith.

Will the defendants be allowed to present evidence of serious irregularities in the 2020 Georgia election results? If not, would that not be grounds for dismissal. So far, Democrats in charge of the machinery of law all over the country have skated on mere assertions that the 2020 election was fair. In Georgia, none of the principals involved in the dispute have been subject to cross-examination, the best instrument for truth-finding in the American legal system. Georgia Governor Brian Kemp and Sec’y of State Brad Raffensperger may not be so hot for an airing of what actually went on Nov 3, 2020 and the days after, especially the validity of over 100,000 mail-in ballots in a state where “Joe Biden’s” margin of victory was a mere 11,799 votes.

Mr. Trump seems to be thriving under the tribulation of four court cases brought against him as he runs for election in 2024. Each new set of charges boosts his poll numbers. It helps him hugely that the cases are transparently idiotic and mendacious. If he is initially convicted in any of them, he can still run for president and be elected, even if he’s jailed — as Eugene Debs did in 1920 getting 913,693 votes running on the Socialist Party from the Atlanta Federal Penitentiary, where he was jailed under the 1917 Espionage Act for speaking out against America’s entry into the First World War.

The Party of Chaos is running scared. Everybody knows that “Joe Biden” can’t possibly run for another term and yet the public debate is so grotesquely disabled that nobody will talk about it. Most particularly, they will not talk about who might take his place.

All they are really demonstrating with this barrage of prosecutions against their chief adversary is how broken, craven, and degenerate the party is, and what a menace it is, as they like to say, to our democracy.

*  *  *

Support his blog by visiting Jim’s Patreon Page

Tyler Durden
Fri, 08/25/2023 – 16:20

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Hawkish Powell & Horrible Data Spark Yield Curve & Crude Pain As Gold & Nasdaq Gain

Hawkish Powell & Horrible Data Spark Yield Curve & Crude Pain As Gold & Nasdaq Gain

From a macro perspective, “bad data” dominated the week with the Citi macro surprise index tumbling most since April…

Source: Bloomberg

From a micro perspective, it was all about retailers (consumer credit challenges and shrink) and NVDA (keeping the dream alive for the AI bubble). Retail stock ended the week lower and while NVDA exploded higher on the earnings news, it collapsed back in the last two days, down over 10% from its highs…

Source: Bloomberg

Of course, Fed Chair Powell’s address today was a key event, but as Bloomberg’s Cameron Crise notes, while it was tilted hawkish, it really said nothing new…

The “TL;DR” summary of Jerome Powell’s speech more or less boils down to “we’ll hike again if we need to but won’t if we don’t.”

That’s not exactly ground-breaking stuff, which is one reason that the market response has been fairly muted relative to the anticipation of this speech.

Interestingly, despite the bad data, anticipation of Powell’s speech – and his actual speech – sent a hawkish shiver through short-term rate expectations (with a 25% chance now of a Sept hike and a 45% chance of a Nov hike)…

Source: Bloomberg

This is what that looks like for the curve…

Source: Bloomberg

Treasuries were very mixed this week with the long-end dramatically outperforming (2Y +10bps, 30Y -10bps)…

Source: Bloomberg

Which means the yield curve flattened dramatically, inverting deeper (back towards the July FOMC meeting reversal)…

Source: Bloomberg

The 2Y Yield surged back above 5.00%, rising to the July highs and reversing modestly…

Source: Bloomberg

Equities were also mixed with Nasdaq outperforming (along with the S&P) while The Dow was the ugliest horse in the glue factory, ending lower on the week with Small Caps down on the week…

The dollar ended the week marginally higher, bouncing back from Wednesdays plunge…

Source: Bloomberg

Crypto was volatile and mixed but while Ripple rallied and Solana sold off, Bitcoin and Ethereum ended the week practically unchanged…

Source: Bloomberg

Bitcoin glued around $26,000…

Source: Bloomberg

Spot Gold scrambled back above $1900, and held it even with today’s post-Powell puke…

Source: Bloomberg

Oil dropped on Powell’s speech (demand fears) and then accelerated lower on a Tansim tweet detailing the US-Iran deal (supply fears)… and then ripped bck into the green as everyone realized this is not new news.

And this is probably nothing…

However, overall, WTI was lower on the week, but managed to get back above $80 by today’s close…

Finally, what happens next?

Source: Bloomberg

Could it really?

Tyler Durden
Fri, 08/25/2023 – 16:00

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US Military Likely To Remain In Syria For “Many, Many Years” To Come: Milley

US Military Likely To Remain In Syria For “Many, Many Years” To Come: Milley

Via The Cradle,

General Mark Milley, the chairman of the US Joint Chiefs of Staff, told Jordanian TV on Thursday that US forces illegally occupying oil fields in Syria’s northeast will remain there for the foreseeable future to “fight ISIS.”

“The ideology is not yet dead, and there are some ISIS terrorists that are still roaming the deserts of Syria and somewhat into Iraq, so that presents a threat,” Milley told Jordan’s Al-Mamlaka TV.

Image: Reuters

“There are still fighters in small groups in and around Syria and around Iraq… and if we were to somehow suddenly withdraw, those forces could reconstruct themselves. So the situation is much, much better than it was. But it still requires a level of commitment. So we’ve got some modest amount of forces in Syria, and we’ve got forces in Iraq,” he added.

The US military chief also said that the decision to leave Syria falls on President Joe Biden. “I can’t imagine that the United States would ever walk away from [West Asia]. I think we’ll remain committed for many, many years and decades to come,” he stressed.

He said this a day after the US envoy to Iraq confirmed that large-scale troop movements in Iraq are “part of the exchange of existing forces.” Iraqi officials previously said that hundreds of US troops moving inside Iraq were on their way to Syria.

While the White House claims its troops are present in Syria to confront ISIS, Russian intelligence and Syrian locals say Washington’s forces house and train extremist militants in the 55-kilometer-zone surrounding the Al-Tanf occupation base in southeast Syria.

An in-depth investigation by The Cradle shows that the US Army was aware ISIS was gaining ground in Syria a decade ago and did nothing to stop them, particularly when the group crossed the Syrian into Iraq border in 2014 and launched an assault to capture the city of Mosul.

The US military also ignored ISIS’ advance on the ancient Syrian city of Palmyra in 2015, which by 2017 had been liberated twice by Syrian and Russian forces.

ISIS is currently seeing a resurgence in Syria, carrying out multiple terror attacks against civilians and army personnel, with some reports saying the militants are operating from US-controlled areas in Deir Ezzor.

According to the UK-based Syrian Observatory of Human Rights (SOHR), Syria is witnessing the “most violent” escalation in ISIS activities since it was “eliminated geographically” in 2019.

Earlier this month, Damascus accused Washington of “sponsoring terrorist organizations, foremost of which is ISIS” and said that using Sunni Muslim and Kurdish militias is a “tool to implement its plans towards Syria and the region.”

Previous US support for ISIS was illustrated by a 2012 US Defense Intelligence Agency (DIA) document that indicated a Salafist principality like the one established by ISIS in 2014 would emerge in western Iraq and eastern Syria. The document indicated that this would be a positive outcome in the view of the US and its regional partners as part of their covert war against the Syrian government, which began in 2011.

Tyler Durden
Fri, 08/25/2023 – 15:45

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“Almost Time To Rage”: United Auto Workers Vote To Authorize Strikes At GM, Ford, Stellantis

“Almost Time To Rage”: United Auto Workers Vote To Authorize Strikes At GM, Ford, Stellantis

The UPS and the Teamsters Union deal has likely emboldened unionized workers nationwide to threaten companies with strikes for higher wages and better benefits. The latest is United Auto Workers members voted in favor of union leaders reserving the right to strike if no labor contract is agreed upon with the Detroit Three automakers (Stellantis NV, General Motors Co., and Ford Motor Co) in mid-September. 

On Friday, UAW President Shawn Fain told members, “97% of you voted to authorize a strike because you know that we do have the power, that we are united and we’re not afraid. And we’re gonna win. The Big Three’s race to the bottom ends on Sept. 14.”

“Our goal is not to strike. I want to make that very clear. Our goal is to bargain good agreements for our members,” Fain said during the Facebook Live event. “But all we’ve tried to do with this is prepare everybody in the event that we have to take action to get a fair and just contract.”

Fain dismissed extending the existing contract, drawing a hard line in the sand for Detroit Three’s auto executives. While contract extensions generally serve as a lifeline during union and company negotiations, he effectively shut that down. 

“We have a lot of options that we’re looking at but extensions on the contract is not one of them,” Fain continued. 

He said, “We’ve been clear” to Ford, General Motors, and Stellantis about “what our priorities are,” such as a 46% wage increase, reinstating traditional pensions, and trimming the workweek down from 40 to 32 hours. 

Union members practiced picketing earlier this week. One member warned: “We’re ready to strike. We’re tired.” 

“‘None of us want to go on a strike it’s a scary place to be. But if we don’t fight now we’re not gonna have another opportunity to fight this for generations.’ Region 9 Director Dan Vicente said.”

… and this.

The Detroit-based union has 150,000 workers, and we noted weeks ago, “Automakers have historically resisted significant pay increases, especially this unusually large one.” 

Tyler Durden
Fri, 08/25/2023 – 15:25

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