unz | In any event, Putin and Erdogan have settled their differences and
scheduled a meeting for the beginning of August. In other words, the
first world leader Erdogan plans to meet after the coup, is his new
friend, Vladimir Putin. Is Erdogan trying to make a statement? It
certainly looks like it. Here’s the story from the Turkish Daily
Hurriyet:
“Turkish President Recep Tayyip Erdoğan and Russian
President Vladimir Putin may meet in a face-to-face meeting in August as
part of mutual efforts to normalize bilateral ties following months of
tension due to the downing of a Russian warplane by the Turkish Air
Forces in November…
With the normalization of ties, Russia removed some sanctions on
trade and restrictions on Russian tourists, though it will continue to
impose visa regime to Turkish nationals. A deeper conversation between
the two countries over a number of international issues like Syria and
Crimea will follow soon between the two foreign ministers before the
Putin-Erdoğan meeting.” (Putin, Erdoğan to meet soon in bid to start new era in Turkey-Russia ties, Hurriyet)
Is it starting to sound like Turkey may have slipped out of
Washington’s orbit and moved on to more reliable friends that will
respect their interests?
Indeed. And this sudden rapprochement could have catastrophic
implications for US Middle East policy. Consider, for example, that the
US not only depends on Turkey’s Incirlik Airbase to conduct its air
campaign in Syria, but also, that that same facility houses “roughly 90
US tactical nuclear weapons.” What if Erdogan suddenly decides that it’s
no longer in Turkey’s interest to provide the US with access to the
base or that he would rather allow Russian bombers and fighters to use
the base? (According to some reports, this is already in the works.)
More importantly, what happens to US plans to pivot to Asia if the
crucial landbridge (Turkey) that connects Europe and Asia breaks with
Washington and joins the coalition of Central Asian states that are
building a new free trade zone beyond Uncle Sam’s suffocating grip?
One last thing: There was an important one-paragraph article in
Moscow Reuters on Monday that didn’t appear in the western press so
we’ll reprint it here:
MOSCOW (Reuters) – Russia’s joint projects with Turkey,
including the TurkStream undersea natural gas pipeline from Russia to
Turkey, are still on the agenda and have a future, RIA news agency
quoted Russian Deputy Prime Minister Arkady Dvorkovich as saying on
Monday.” (Russian Dep PM says joint projects with Turkey still on agenda, Reuters)
This is big. Erdogan is now reopening the door the Obama team tried
so hard to shut. This is a major blow to Washington’s plan to control
the vital resources flowing into Europe from Asia and to make sure they
remain denominated in US dollars. If the agreement pans out, Putin will
have access to the thriving EU market through the southern corridor
which will strengthen ties between the two continents, expand the use of
the ruble and euro for energy transactions, and create a free trade
zone from Lisbon to Vladivostok. And Uncle Sam will be watching from the
sidelines.
All of a sudden, Washington’s “pivot” plan looks to be in serious trouble.
strategic-culture | NATO
and the US’s other military umbrellas in Asia-Pacific and the Middle
East, are not motivated primarily about maintaining security and peace.
These military pacts are all about providing the US with a political,
legal and moral rationale for intervening its forces in key geopolitical
regions. The massive expenditure by the US on military alliances is
really all about maintaining Washington’s hegemony over allies and
perceived enemies alike. The reality is that America’s «defense» pacts
are more a source of relentless tensions and conflicts. Europe and the
South China Sea are testimony to that if we disabuse the notional
pretensions otherwise.
In
all the heated reaction to Trump’s latest comments on NATO the
over-riding assumption is that the United States is a force for good,
law and order and peace.
Under the headline «Trump NATO plan would be sharp break with decades-long US policy», this Reuters reportage belies the false indoctrination of what US and NATO’s purpose is actually about. It reports: «Republican
foreign policy veterans and outside experts warned that the suggestion
by Republican presidential nominee Donald Trump that he might abandon
NATO’s pledge to automatically defend all alliance members could destroy
an organization that has helped keep the peace for 66 years and could
invite Russian aggression».
Really?
Maintaining peace for 66 years? Not if you live in former Yugoslavia,
Afghanistan, Iraq, Libya, or Ukraine and Syria where NATO powers have
been covertly orchestrating and sponsoring conflicts.
Also note the unquestioned insinuation by Reuters that without NATO that would «invite Russian aggression».
If we return to the original question posed by the New York Times, which sparked the flurry of pro-NATO reaction, the newspaper put it to Trump like this:
«Asked
about Russia’s threatening activities, which have unnerved the small
Baltic States that are among the more recent entrants into NATO, Mr
Trump said that if Russia attacked them, he would decide whether to come
to their aid only after reviewing if those nations have fulfilled their
obligations to us».
The NY Times,
like so many NATO advocates who went apoplectic over Trump, is
constructing its argument on an entirely false and illusory premise of «Russia’s threatening activities».
Unfortunately,
it seems, Trump bought into this false premise by answering the
question, even though his conditional answer has set off a firestorm
among NATO and Western foreign policy establishments. Can you imagine
the reaction if he had, instead, rebutted the false assertion about
there even being Russian aggression?
But
this fabrication of «Russian threat» is an essential part of the wider
fabrication about what the US-led NATO alliance is really functioning
for. It is not about defending «the free world» from Russian or Soviet
«aggression», or, for that matter, from Iranian, Chinese, North Korean,
or Islamic terrorist threats. In short, NATO and US military
«protection» has got nothing to do with defense and peace. It is about
protecting American corporate profits and hegemony.
Ever
since its inception in 1949 by the US under President Truman, NATO is a
construct that serves to project American presence and power around the
world, as well as propping up its taxpayer-subsidized
military-industrial complex. The most geopolitically vital theatre is
Europe, where the European nations must be kept divided from any form of
normal political and economic relations with Russia. If that were to
happen, American hegemonic power, as we know it, is over. That’s what
the alarmism among the NATO advocates over Trump is really about.
journal-neo | For 17 months, since the Minsk
Agreements were signed in February 2015 to try to bring peace to the
eastern Ukraine the Kiev regime, and its neo-Nazi and NATO allies, have
been preparing for a new offensive against the east Ukraine republics.
On July 22nd the Russian Ambassador Vitaly Churkin stated in a letter to
the UN Security Council that “a relapse of large-scale military
operations in eastern Ukraine may bury the process of peace settlement
there.” He then called on Kiev’s allies to pressure Kiev to back off its
war preparations which include the continuous shelling of civilian
areas by Ukraine heavy and medium artillery and constant probing attacks
by Ukraine and foreign units over the past spring and summer months.
The commander of the Donetsk Republic
forces stated in a communiqué on July 22 that the region along the
contact line between the two sides was shelled 3,566 times in one week
alone ending on the date of the communiqué and confirmed the information
set out in Churkin’s letter and reports of the Organisation For
Security Cooperation in Europe (OSCE) that the Kiev regime had
transferred more heavy artillery, mortars, tanks, multiple rocket
launchers to the front.
The shelling has destroyed civilian
housing, a water treatment plant and other infrastructure with the clear
objective of forcing out the residents and to prepare the ground for a
large scale offensive. Ambassador Churkin added that not only were
regular Kiev forces massing in the east but they had also deployed the
new-Nazi Azov and Donbas “volunteer” battalions, and that Kiev has begun
a wide ranging seizure of land in the neutral zone and the towns
located there.
Of course the blame for all these
criminal actions by NATO and its marionettes in Kiev is placed on Russia
as we have seen set out in both the Atlantic Council Report earlier
this year and in the NATO Warsaw Communiqué on July 9th in which NATO
put the ultimatum to Russia, “do what we say or you will see what we
will do”. The day before Ambassador Churkin sent his letter to the
Security Council, the French Foreign Minister, Jean-Marc Ayrault, in a
speech at the Centre of Strategic and International Studies stated that
the “sanctions”, that is, the economic war being carried out against
Russia by the NATO countries, would only stop if Russia did what it was
told.
The Germans have also made noises about
being prepared to halt this economic warfare against Russia, about how
much they regret it and how they desire only peace and harmony, but,
again, only if Russia adheres to their demands.
internationalman | Probably the most objectionable thing I find about Hillary is her reckless promotion of war.
I think she advocated for just about every conflict the U.S. has gotten
involved with in the past 30 years, most of which have been unmitigated
disasters.
She’s an ardent supporter of arming the so-called moderate Syrian rebels and toppling Bashar Al-Assad.
She’s supported the regime change in Ukraine.
She backed the surge in Afghanistan, which, predictably, accomplished exactly nothing.
She was the deciding factor in pushing Bill to bomb Serbia in the 1990s.
She infamously voted for the 2003 Iraq invasion.
And, of course, she was one of the main pushers of the NATO
intervention in Libya that toppled Muammar Gaddafi. After rebels
gruesomely executed Gaddafi—they reportedly sodomized him with a
bayonet—Hillary said on national TV, “We came, we saw, he died.” It’s
sort of a sociopathic spin on “Veni, vidi, vici,” a famous saying from Julius Caesar, the Roman leader, which means “I came, I saw, I conquered.”
These are just some examples off the top of my head. She has apparently
learned nothing—or the completely wrong lessons—from this trail of
disasters. She’s an unrepentant warmonger. And I think the odds of WWIII
breaking out will be much higher under a Hillary presidency.
One nugget from Hillary’s email scandal, known as the Blumenthal Memo,
basically disclosed that the real reason NATO wanted to go after Gaddafi
was not a desire to bring freedom, democracy and unicorns to the Libyan
people, but because NATO feared that Gaddafi would use his vast gold
reserves to back a currency that would displace a version of the French
franc that is used in Central and Western Africa.
After NATO-backed rebels toppled Gaddafi, plans for the gold-backed
currency, along with the gold itself, vanished like a double
cheeseburger placed in front of Chris Christie.
Strangely, this damning piece of information from her emails barely gets a peep in the mass media narrative.
economic-undertow | The West was to become a Keynesian paradise of endless abundance and leisure, a suburbanite fairyland of Negro-free gated ‘communities’, of pastel McMansions and luxury SUVs; of gourmet meals crafted from GMO ingredients washed down with magnums of Veuve Clicquot and narcissism. We would play croquet as eternal children under the glorious sunshine of prosperity while ‘disutility’ (labor) would be performed ‘somewhere else’ (Mexico). The waste and destruction associated with industrialization would vanish because we would all be rich enough to hire robots to clean up after us.
There were a few clouds: the tail-end of trivial conflicts in Central America; the ‘War on Drugs’, the Asian finance crisis in 1997 and the collapse of the Russian economy the following year.Long Term Capital Managementfollowed the Russian economy into the toilet in early 1998 necessitating the first ‘rescue us or else’ mega-bailout of Wall Street. These events were diversionary theater: people who could afford it lost some money, bosses who badly needed new jobs lost theirs. All in all the entire reconfiguration process turned out to be remarkably painless.
Looking back, the notion of final geopolitical resolution was naively optimistic, a quaint artifact of a particular zeitgeist, like Beatle Boots or flip cellphones. What was really happening was the ending of the ending: ancient monsters were not vanquished only hibernating so as to take new forms. Now, when we need it most and want it least, history has stormed out of its coffin like a vengeful, blood-hungry vampire, reminding us all why we wanted to be rid of it in the first place.
Enter the new millennium and (quasi-)liberal democracy and finance capitalism are being shellacked and nobody can figure out why. Extreme events are tripping over each other like – add your favorite cliché here – cheese and macaroni. Radicals are ascendant as the status quo proves unable to prevent the consumption utopia from slipping out of reach. Strategies that once bore fruit are revealed as nonsense; military ‘stimulus’, central bank witch doctoring, austerity, institutionalized discrimination, trivial interest rate- and foreign exchange manipulation. The outcome is credit transfers from those with less to those with everything … and fury. Withchaos on one side,dithering on the other, the public turns toward autocrats while societies — particularly across the arc of northern- and central Africa to south Asia — blow apart at the seams, writhing in agony, frantic to escape the vice-like grip of ‘less’ and unmet expectations.
This is the terror that dares not speak its name; not to be engulfed by refugees or shot by militants but forced by desperate necessity to become one! Rage is fear by another name.
Tyrants like Trump and Erdogan (and Clinton) are products of industrial resource capitalism no different from McMansions and automobiles, they are also fetishes. Unlike vicarious pleasure-pussy Taylor Swift, tyrants symbolize power, ruthlessness and control … and increasing surpluses. Their promise to harvest gains by whatever means is the substance of their public appeal. The relationship between tyrant and followers is symbiotic and self-reinforcing. Adherents give form and color to the tyrant’s outline while the tyrant suspends- or outruns institutional restraints, providing the necessary sanction for adherents to act out their own impulses, destructive or otherwise.
The emergence of tyrants like Trump and Erdogan (and Clintons) is suggestive: that technology cannot produce the consumer outcomes we are desperate to preserve. If technology could save us autocrats would not be necessary. They are reductive rather than creative, their first- and last resort is coercion as when governmentsdragoon pensioners rather than machines to rescue finance.
bloomberg | How does a company lose 69 million customers? Just ask Citigroup Inc.
Once upon a time, about a decade ago, the New York-based bank
had a global retail empire stretching from Tokyo to Tegucigalpa. It
offered consumer banking in 50 countries, covering half the planet’s
land mass, and served 268 million people.
Then a financial crisis, billions of dollars of losses from
complicated securities linked to subprime mortgages and a government
bailout upended its plans. The bank has since sold or shut retail
operations in more than half the countries in which it had a presence,
including Guatemala, Egypt and Japan. It reduced the number of branches
in the U.S. by more than two-thirds and has gotten out of subprime
lending, student loans and life insurance. In the process, it let go
about 25 percent of its customers along with more than 40 percent of its
workforce.
“Banks are figuring out that providing every product and
every service to every client in every country was just wrong,” said
Vikram Pandit, who led Citigroup from 2007 to 2012 and used to tout what
he called the company’s globality. “So they are unwinding and shedding
assets. We’re not close to being done.”
The transformation of Citigroup, and similar changes at HSBC Holdings
Plc and other global banks, isn’t just about cutting expenses. It’s
also about looking for greater returns by focusing on the richest
customers -- high-net-worth individuals, large corporations and
institutional investors.
Citigroup says it’s leaner and safer today. But in serving
those clients, the bank has bulked up on trading, a business that helped
get it into trouble before. It doubled the amount of derivatives
contracts it has underwritten since the crisis to $56 trillion. The
company, which used to make most of its profit from consumer banking,
now gets the majority from corporate and investment banking.
HSBC, which had an even bigger global retail footprint than
Citigroup’s and advertised itself as “the world’s local bank,” also has
retreated, quitting or planning to get out of consumer banking in more
than half the countries it was in and jettisoning 80 million customers.
Retail banking’s share of profit has dropped by half as commercial
lending and investment banking filled the gap.
Spencer’s arguments should of course be
evaluated on their own merits, regardless of who commissioned them.
However, it turns out that they have little merit on which to stand. The
white paper is a classic example of a Gish Gallop – producing such a large volume of nonsense arguments that refuting all of them is too time-consuming.
‘There are no jokes. The truth is the funniest joke of all.’ Muhammad Ali
Introduction
Writing up articles on climate change is difficult these days. Last
week alone, 46 new papers and reports were published. I am certain that
there are many more. The figure only refers to the sources I usually
consult. I try to read all abstracts and all articles I find
interesting, but sometimes I shy away from it: it is just too
depressing. According to Naomi Oreskes,
a great number of climate change scientists (she interviewed most of
the top 200 climate change scientists in the US) suffer from some sort
of mood imbalance or mild or serious depression. It is easy to
understand why: we see the climate change taking the planet apart right
in front of our eyes. We also clearly see, right in front of us, what
urgently needs to done to stave off global disaster on an unprecedented
scale. We need carbon taxes and the reconversion of industry and energy
towards zero CO2 emissions systems. This route is without any doubt
technically and economically feasible, but politically it seems to be
permanently locked. If we do not unlock it, the future looks bleak, not
to say hopeless, for humankind.
Data on warming, rain bombs, storms and water vapour feedbacks
NASA recently released data showing that the planet has just seen seven straight months of not just record-breaking, but record-shattering heat (see here). We are well on track to see what will likely be the largest increase in global temperature a single year has ever seen (see here and here).
The NASA data show that May was the hottest May ever recorded, as well
as the fact that it crushed the previous May record by the largest
margin of increase ever recorded. The same is now true for June (see here). That makes it five months in a row that the monthly record has been broken and by the largest margin ever. When record-smashing months started in February, scientists began talking about a “climate emergency.” Since then the situation has only escalated.
The answer to the oft-asked
question of whether an event is caused by climate change is that this is
the wrong question. All weather events are affected by climate change
because the environment in which they occur is warmer and moister than
it used to be. Changes in extremes, such as higher temperatures and
increases in heavy rains and droughts are not related to climate change,
they are climate change (see here).
ourfiniteworld | Does it make a difference if our models of energy and the economy are
overly simple? I would argue that it depends on what we plan to use the
models for. If all we want to do is determine approximately how many
years in the future energy supplies will turn down, then a simple model
is perfectly sufficient. But if we want to determine how we might change
the current economy to make it hold up better against the forces it is
facing, we need a more complex model that explains the economy’s real
problems as we reach limits. We need a model that tells the correct shape of the curve, as well as the approximate timing. I suggest reading my recent post regarding complexity and its effects as background for this post.
The common lay interpretation of simple models is that running out
of energy supplies can be expected to be our overwhelming problem in
the future. A more complete model suggests that our problems as we
approach limits are likely to be quite different: growing wealth
disparity, inability to maintain complex infrastructure, and growing
debt problems. Energy supplies that look easy to extract will not, in fact, be available because prices will not rise high enough.
These problems can be expected to change the shape of the curve of
future energy consumption to one with a fairly fast decline, such as the
Seneca Cliff.
It is not intuitive, but complexity-related issues create a situation
in which economies need to grow, or they will collapse. See my post, The Physics of Energy and the Economy.
The popular idea that we extract 50% of a resource before peak, and 50%
after peak will be found not to be true–much of the second 50% will
stay in the ground.
Some readers may be interested in a new article that I assisted in
writing, relating to the role that price plays in the quantity of oil
extracted. The article is called, “An oil production forecast for China considering economic limits.” This article has been published by the academic journal Energy, and is available as a free download for 50 days.
wikipedia |Clinton Cash is an investigation of the foreign benefactors of Bill and Hillary Clinton and the Clinton Foundation.[6] It investigates alleged connections between Clinton Foundation donors and Hillary Clinton’s work at the State Department.[7]
The book argues that the Clinton family accepted lavish donations and
speaking fees from foreign donors at times when the State Department
was considering whether or not to award large contracts to groups and
people affiliated with those donors.[8]
The book is organized into eleven chapters. Some chapters focus on
particular transactions or deals, such as the creation of UrAsia Energy
and Uranium One in Kazkakhstan, and the connection shareholders had and
have to the Clintons. Other chapters focus on a broader set of
relationships, particularly with regard to Bill Clinton’s paid speeches
during the years Hillary Clinton served as Secretary of State, and
whether those paying for his speeches had significant business before
the State Department.[8] Schweizer dubs the Clintons' blend of government service and private remuneration the “Clinton blur.”
libertyblitzkrieg |Political pundits throughout the land are tripping over
each other to compose the latest bland, uninsightful screed proclaiming
the death of the Republican Party. This makes sense, because the primary
purpose of a political pundit is to state the obvious years after it’s
already become established fact to everyone actually paying attention.
Yes, of course, Trump winning the GOP nomination marks
the end of the party as we know it. After all, some neocons are
already publicly and actively throwing their support behind Hillary.
While this undoubtably represents a major turning point in U.S.
political history, many pundits have yet to appreciate that the exact
same thing is happening within the Democratic Party. It’s just not
completely obvious yet.
I believe Hillary Clinton lost the Presidency this past week. While
the explosive DNC leaks will undoubtably have a long lasting effect,
this post will barely reference the leaks. Rather, it will explain how
recent decisions by the Hillary campaign played right into Trump’s hands
by essentially waving a gigantic middle finger to the 73% of Americans who think the country is headed in the wrong direction.
What Hillary Clinton did in selecting Tim Kaine as VP was send a
clear signal that not only is she the status quo candidate, she is proud
of it. She didn’t just double down on being the establishment
candidate, she tripled and quadrupled down. There is now no denying that
Hillary Clinton is implicitly running on only two themes.
1. Trump is scary. I am not Trump. 2. Things aren’t really bad. I’ll continue along the path we’ve been on.
This message will result in a guaranteed loss against an opponent who
is telling the American public “I know you’re angry, I’m angry too, and
I’m going to blow up the status quo.” Recall that 73% of the U.S.
public thinks the country is headed in the wrong direction. As the Wall Street Journal noted:
Some 73% in the new survey say things have gone off-course, with only 18% saying the nation is headed in the right direction.
Numbers such as those are usually seen in times of
national crisis, such as during the government shutdown of 2013, when
only 14% said the nation was on-course, or during the 2008 financial
crisis, when 11% said things were headed in the right direction.
In this post, I will prove that Hillary is signaling a “business as
usual” approach to the status quo, and in return, the status quo is
uniformly and excitedly rallying around her. This will disgust most
Americans and lead to a Trump victory. People who dislike Trump more
than Clinton will vote for him anyway, because they dislike the status
quo even more.
townhall | The Democrat Party is in chaos after WikiLeaks exposed DNC Chairwoman
Debbie Wasserman-Schultz for anti-Bernie Sanders bias during the
primary. Wasserman-Schultz announced yesterday she will resign from her
post as the head of the DNC when the convention ends Thursday and will
promptly join the Clinton campaign.
But the damage WikiLeaks has done to Democrats so far isn't over. According to
WikiLeaks founder Julian Assange, the website will publish more hacked
emails and this time, they'll be about Hillary Clinton and her ongoing
private email server scandal.
Julian Assange has made an
incredible statement in an interview with ITV. Assange says that
Wikileaks, the infamous whistle-blowing website, will soon be publishing
documents that contain “enough evidence” for the Department of Justice
to indict Hillary Clinton, the expected Democratic nominee.
Team
Clinton and the DNC have been in damage control for more than 24 hours
now and are blaming the WikiLeaks hack on the Russians, saying it was an
attack from President Vladimer Putin on Hillary Clinton in an effort to
sabotage her campaign.
rawstory | CNN commentator Donna Brazile will suspend her ties with the news
network as she takes the reins of the Democratic National Committee
after the resignation of Rep. Debbie Wasserman-Schultz.
Politico quoted a CNN spokeswoman,
who said via email on Sunday, “With news of Donna Brazile stepping in
as interim chair for the Democratic National Committee, CNN and Brazile
have mutually agreed to temporarily suspend her contract as a
contributor for the network effective immediately. As a valued voice and
commentator, CNN will revisit the contract once Brazile concludes her
role.”
Brazile will serve as acting DNC chair until a permanent replacement for Wasserman-Schutlz can be selected.
Meanwhile the Clinton campaign released a statement welcoming the ousted DNC chair as an “honorary chair” of her 2016 campaign.
“There’s simply no one better at taking the fight to the Republicans
than Debbie,” Clinton said, “which is why I am glad that she has agreed
to serve as honorary chair of my campaign’s 50-state program to gain
ground and elect Democrats in every part of the country, and will
continue to serve as a surrogate for my campaign nationally, in Florida,
and in other key states.”
In a statement of her own, Wasserman-Schultz said, “I know that
electing Hillary Clinton as our next president is critical for America’s
future. I look forward to serving as a surrogate for her campaign in
Florida and across the country to ensure her victory. Going forward, the
best way for me to accomplish those goals is to step down as Party
Chair at the end of this convention.”
The warm relations between Clinton, her staff and Wasserman-Schultz
will likely be seen as a poke in the eye to progressives in the
Democratic Party, who have long objected to the Florida congresswoman’s
close relationship with payday lenders and other policies.
A group of emails hacked from DNC servers and released by Wikileaks
painted an unflattering portrait of Wasserman-Schultz’s machinations to
undermine the campaign of Vermont Sen. Bernie Sanders. Now, the campaign
and some cyber experts say that they have traced the hacks to Russian sources
consortiumnews | By picking Sen. Tim Kaine, Hillary Clinton has revealed her true preferences and shown that her move to the left on policy issues during the primaries was simply a tactical move to defeat Bernie Sanders. It’s not what you say, it’s what you do. Clinton can talk about caring about the U.S. public, but this choice cuts through the rhetoric.
The two politicians to whom she gave serious consideration to choosing as her running mates were Kaine and Secretary of Agriculture Tom Vilsack. What both men share in common is, like the Clintons, being leaders of the Democratic Leadership Council (DLC). The DLC was, on economic and foreign policy issues, a servile creature of Wall Street – funded by Wall Street.
As Tom Frank’s new bookListen, Liberaldocuments, the DLC vilified the New Deal, financial and safety regulation, organized labor, the working class, opponents of militarism, opponents of the disastrous trade deals that were actually backdoor assaults on effective health, safety and financial regulation, and the progressive base of the Democratic Party.
The DLC leadership, which included President Bill Clinton and Vice President Al Gore, entered into a series of cynical bipartisan deals with the worst elements of the Republican Party, Federal Reserve Chairman Alan Greenspan and Wall Street elites that:
Destroyed Glass-Steagall (the New Deal reform that separated commercial and investment banks)
Created a massive regulatory “black hole” in financial derivatives that Enron and later the world’s largest banks exploited to run their fraud schemes that led to the Enron-era scandals and the Great Recession
Drove Brooksley Born from government because she warned about these derivatives and sought to protect us from the coming disaster
Cut the Federal Deposit Insurance Corporation’s (FDIC) staff by over three-quarters, destroying effective supervision of banks
Cut the Office of Thrift Supervision’s (OTS) staff by over half, destroying effective supervision of savings and loans such as Countrywide, Washington Mutual (known as WaMu, the largest “bank” failure in U.S. history), and IndyMac. OTS was also supposed to regulate aspects of AIG and Lehman, but had no capacity to do so given the massive staff cuts and its deliberately useless regulatory leaders chosen by Bill Clinton and George W. Bush
Kaine, like Hillary Clinton, has embraced for decades the DLC/’New Democrats’ agenda – meaning they are allies of Wall Street. They embrace a neo-liberal, pro-corporate outlook that has done incredible damage to the vast majority of Americans.
stuff | Fears Republican presidential nominee Donald Trump may be pursuing a
Russian agenda with his candidacy have triggered a wave of alarm in the
US.
A series of links between Trump's circle of advisers, his
policy positions on the future of NATO, his statements of admiration for
Russian president Vladimir Putin and even the overlap between his
supporters and those touting pro-Russia views online have contributed to
this view.
The concerns have prompted a series of high-profile
American commentators and analysts to suggest Trump may be getting
backing from Russia for his US campaign.
Respected publications such as Slate, economist Paul Krugman writing in The New York Times, and The Washington Post have
commented on the convergence between Trump's statements and
geopolitical positions that Russia has long sought, with worrying
implications should Trump become president.
theantimedia | Lurched back and forth in the ever-quickening spiral of an American
empire circling the drain, we — as a people — have chosen battle lines
on nearly every issue from politics to foreign policy, domestic
surveillance to policing.
Thrust back into national focus, the last issue — policing in the
U.S. — might even surpass in contention the ongoing race to the White
House. And it stands to reason, with the world lashing out against
failed globalism in its various nefarious incarnations — largely driven
by American exceptionalist military presence nearly everywhere on the
planet — the empire sees expediency in heading off a possible insurrection.
To that end, the past fifteen years have seen the
initially-surreptitious padding of law enforcement agencies with the
tools, gear, vehicles, and — most alarmingly — weapons of war. Because terrorism,
said the government, when its more apparent concern had to do with
potential dissidents who have grown tired of corruption and the almost
wholesale abandonment of constitutional and human rights.
Summoning the peculiar willful ignorance common in Americans’ worship
of authority in uniforms — found in the anachronistic hero cop avatar —militarization of police
slipped beneath the radars of most, who were instead pleased with the
added protection against nebulous terrorist threats in the interest of
the safety of the Boys in Blue.
That tacit permission allowed an occupying army to take root — complete with training
indistinct from that received by battlefield warriors set for
deployment overseas — though no person in a position of ‘authority’
would ever admit to as much. Neglecting vigilance of what amounts to
domestic mission creep, we’re reaping a civilian body count previously expected only from military missions.
Worse, the triplicate issues of refusal by police to rein in the Warrior Cop mentality;
the near impunity granted by judges and juries, even to the highest
courts in the land, when police kill without justification; and the
obstinance in Americans’ near infantile refusal to question this Blue
authority’s missteps, have cleaved a gulf of division effectually
insurmountable at this late date.
Now, those police cum victimizers — the apparent judges, juries, and
executioners of the unarmed, the innocent, and the guilty, alike — have
opportunistically employed a smattering of backlash attacks on members
of their cult of authority to declare war on the people they once swore
oaths to protect. False narrative of the oft-promulgated ‘war on cops,’ much less actual facts to the contrary, be damned.
quillette | The link between sex and dominance has a deep evolutionary history.
The perennial battles between males over reproductive access to females
fill the annals of natural history, and are explained by evolutionary
biologist Robert Trivers’ concept of parental investment.4
According to this concept, the sex that invests most in reproduction
(usually females) is more vigorously pursued by the sex that invests
least (usually males), leading to more frequent dominance contests among
the least investing sex.
Females exhibit a preference for dominant males who can bequeath
impeccable genetic pedigrees and material resources to future offspring.
As such, we should expect males to increase their sexual response
following a victory over a rival in anticipation of increased sexual
opportunities. Indeed, as suggested by my graduate research with David
Bjorklund, men who are single (and, hence, men for whom the stakes of
competition over women are highest) exhibit more sexual interest in
women following a victory than a defeat.5
Physiologically, dominance and sex are linked by the male hormone
testosterone, as suggested by studies showing higher testosterone levels
in men who win than in men who lose, whether in sports6 or politics.7
This function of testosterone is supported by research showing that
presidential and congressional elections in the US were followed by
increases in pornography consumption in states whose citizens
overwhelmingly voted for winning candidates.89All
of this suggests that social dominance is a common antecedent to sexual
behavior. But the influence also goes in the other direction, as is
indicated by Imhoff and colleagues’ finding that exposure to sexual
material leads to an increase in aggression among sexually narcissistic
men.10
gizmodo | If you visit the WikiLeaks DNC emails
website, you can browse the emails using a simple boolean search.
Typing a word like “contribution” will actually turn up hundreds of
results. The emails include unencrypted, plain-text listings of donor
emails addresses, home addresses, phone numbers, social security
numbers, passport numbers, and credit card information. WikiLeaks
proudly announced the data dump in a single tweet.
The new leak is part of the organization’s ongoing Hillary Leaks
series, which launched in March as a searchable archive of more than
30,000 emails and attachments sent to and from Clinton’s private email
server, while she was Secretary of State. The original email dump included documents from June 2010 to August 2014. The new release includes emails from January 2015 to May 2016.
This isn’t the first time WikiLeaks has recklessly published personal
information of innocent civilians, either. Human rights groups such as
Amnesty International and Afghan Independent Human Rights Commission
have previously requested that WikiLeaks remove names of Afghan
civilians in 77,000 classified military documents
published online. The civilians were (ironically) collateral damage in
the same leak that spurred the “Collateral Murder” video obtained by
Wikileaks.
Exactly why Wikileaks decided not to redact the private
information of unsuspecting Americans remains unclear. We’ve reached out
for comment and will update as soon as we hear back.
NYTimes | Artificial intelligence is booming. But why now?
Move over, social media and mobility: Silicon Valley has a next big thing, John Markoffwrites, and it’s A.I. and robots. It is useful to think of them as part of the same thing, since many robots are autonomous machines programmed for decision making based on A.I.
The movement can be thought of as a spread of computing intelligence everywhere, on wheels and wings, in your pocket and all through your house. That’s a big enough idea to fund scores of companies, and quite possibly set up the next Silicon Valley boom. And bubble.
Yet it’s worth asking how much of this is reality and how much is wishful thinking. Why is A.I. growing the way it didn’t over the last several decades, despite promises that it would?
The answer to that lies in the precursors to this A.I. moment, which more than anything has to do with the Google-led search boom 10 years ago.
In 2006, Google andYahooreleased new methods of analyzing the quirky real-world data they were picking up from doing search. Data from browsers can be thought of as a proxy for human behavior, as people wander the web. It’s typically called “unstructured” data, as opposed to the more regular information of things like banking and airline schedules that filled most of the world’s databases.
That new way of seeing the real world helped make search profitable and also enabled companies likeFacebookto look into even stranger social behavior. The success also gave these companies plenty of money to plow into the problem.
To money, and the first ever caches of natural behavior in digital form, add cheaper computing. In 2006, Amazon also introduced its cloud-computing business. Over the last decade, retail cloud computing has become an inexpensive way for lots of people to work on data analysis and pattern finding, the heart of A.I.
Only one more thing was needed, and in 2007Applecame out with the iPhone. Let that stand for browser-type natural data collection moving off desktops and blowing through the natural world. Along with other cheap sensors tied to the cloud, it has given us huge amounts of data about all sorts of things.
That created many more places where computers could do what they’ve always done, which is to seek efficiency. That has created a cycle:more observation, more machine learning of patterns, more value capture funding more observation.
It’s enough to make you believe in this boom.
What could make you believe it’s also a bubble? Start with the name, artificial intelligence. So far there is zero evidence we will be about to build machines that possess intelligence or will really think on their own. If big money goes into that stuff, run for the hills.
Celebrating 113 years of Mama Rosa McCauley Parks
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*February 4, 1913 -- February 4, 2026*
*Some notes: The life of the courageous activist Mama Rosa McCauley Parks*
Mama Rosa's grandfather Sylvester Ed...
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Comet 3I/Atlas is on its way out on a hyberbolic course to, I don't know
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This year marks the 90th anniversary of the launch of the Spanish Civil
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sciencemag | This spring, after days of flulike symptoms and fever, a man
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He ...
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(Damn, has it been THAT long? I don't even know which prompts to use to
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SeeNew
Can't get on your site because you've gone 'invite only'?
Man, ...
First Member of Chumph Cartel Goes to Jail
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With the profligate racism of the Chumph Cartel, I don’t imagine any of
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