Monday, May 03, 2021

It Would Wear On Any Ordinary Woman To Be Thought Of As The Devil's Wife...,


Nurse Fuentes Should've Claimed The Religious Exemption And Kept It Moving...,

 fox26houston  |  Fuentes says a supervisor encouraged her to file for a religious exemption.

"And I said, 'Well, I don't have a religious exemption. I'm not doing this for religious reasons,' and she said, 'I know, but we'll help you fill it out, and at least this will save your job,'" Fuentes claims. "So, because I don't have a religious reason and it's a personal reason, my beliefs and my feelings aren't as worthy as someone who has a religious reason?"

Fuentes says when she did not agree to stay quiet about the reason for her departure, she was not allowed to complete her final two weeks and escorted out of the hospital. 

In response, Houston Methodist stated they do not advise those who decline the vaccine for personal reasons to file for a religious exemption. Adding:

"We have a process in place for the employees who want to request a religious/medical exemption--- like we have had for the flu shot for more than a decade. Not all exemptions are granted."

In the meantime, Fuentes says she was prepared to wear masks at work and show lab results of COVID-19 antibodies since she'd recovered from the disease.

She adds, she regularly worked in a surgical unit, but volunteered to work in the COVID-19 unit.

"I want to be known that I was a safe nurse when I worked at the height of the pandemic and volunteered to work and did work in the COVID unit. So, I was a safe nurse then, not vaccinated, and I was able to turn back around and work in my unit without being tested and without being vaccinated," Fuentes said.

Houston Methodist adds:

"Our employees have the choice to stay or leave—we are not forcing anyone to get a vaccine. But over everything, we must put patients first. It is our obligation as health care workers to do no harm to our patients, who are among the most vulnerable in our community."

Generally, employers are able to require employees to get vaccinated. Clayton Craighead, an employment attorney in Houston, says there are the two exemption that both deal with accomodations. 

"One of them is an accomodation under the American with Disabilities Act and the second exception is an accomodation on a religious basis. In order to establish an entitlement under the ADA, the employee would have to provide some sort of documentation from a doctor explaining why he or she, could not or should not receive the vaccination due to some medical condition or disability," Craighead explained.

No One Is Safe Until Everyone Is Safe...,

commondreams |  The U.S. is facing sustained calls to end its opposition of a proposal to temporarily lift intellectual property rules for Covid-19 vaccines and related technology as soaring coronavirus cases ravage India and new reporting spotlights a debate within the Biden administration over whether to support the patent suspension effort to help tackle the global pandemic or prioritize Big Pharma's interests.

At issue, as the Washington Post reported Friday, is a proposal India and South Africa submitted to the World Trade Organization (WTO) last October to suspend Trade-Related Intellectual Property Rights (TRIPS) rules on Covid-19 vaccines and treatments to boost manufacturing capacity. It's now cosponsored by 60 nations and backed by over 100 countries as well as hundreds of U.S. and international civil society organizations, former world world leaders and Nobel laureates, and some U.S. lawmakers.

In addition to the U.S., other wealthy nations including the U.K. and Canada are blocking the proposal—which needs consensus to pass.

The WTO's TRIPS panel met Friday to discuss the proposal, and it's now being revised by its cosponsors. 

Asked Friday whether the U.S. would continue its opposition, White House press secretary Jen Psaki said the administration has not yet confirmed its stance and said the White House's "overall objective is to provide as much supply to the global community and do that in a cost-effective manner."

A Novel IS Being Written - What's India's Role In The Unfolding Narrative?

consortiumnews  |   The unfolding pandemic horror in India has many causes. These include the complacency, inaction and irresponsibility of government leaders, even when it was evident for several months that a fresh wave of infections of new mutant variants threatened the population. Continued massive election rallies, many addressed by the prime minister, Narendra Modi, brought large numbers to congested gatherings and lulled many into underplaying the threat of infection.

The incomprehensible decision to allow a major Hindu religious festival — the Mahakumbh Mela, held every 12 years — to be brought forward by a full year, on the advice of some astrologers, brought millions from across India to one small area along the Ganges River and contributed to ‘super-spreading’ the disease.  

The exponential explosion of Covid-19 cases — and it is likely much worse than officially reported, because of inadequate testing and undercounting of cases and deaths — has revealed not just official hubris and incompetence but lack of planning and major deficiencies in the public health system. The shortage of medical oxygen, for instance, has effectively become a proximate cause of death for many patients.

Failing Vaccination Program

But one significant — and entirely avoidable — reason for the catastrophe is the failing vaccination programme. Even given the global constraints posed by rich-country vaccine-grabbing and the limits on domestic production set by the TRIPS (Trade-Related Aspects of Intellectual Property Rights) agreement, this is unnecessary and unexpected.

India is home to the largest vaccine producer in the world and has several other companies capable of producing vaccines. Before the pandemic, 60 per cent of the vaccines used in the developing world for child immunisation were manufactured in India.

The country has a long tradition of successful vaccination campaigns, against polio and tuberculosis for infants and a range of other diseases. The available infrastructure for inoculation, urban and rural, could have been quickly mobilised.

In January, the government approved two candidates for domestic use: the Covishield (Oxford-AstraZeneca) vaccine, produced in India by the Serum Institute of India, and Covaxin, produced by Bharat Biotech under a manufacturing licence from the Indian Council of Medical Research (ICMR) — other producers could have been similarly licenced to enhance supply.

The vaccination program officially started on Jan. 16 , with the initial target of covering 30 million healthcare and frontline workers by the end of March and 250 million people by July. By April 17 , however, only 37 percent of frontline workers had received both doses (of either vaccine); an additional 30 percent had received only the first.

Low uptake even among this vulnerable group could have resulted from concerns about the rapid regulatory approval granted to Covaxin, which had not completed Phase III trials. The Indian government also encouraged exports, partly to fulfil commitments by the Serum Institute of India to AstraZeneca and the global COVAX facility — partly to enhance its own standing among developing countries.

Sunday, May 02, 2021

Paradise Within Reach - But Billions Of Y'all Gotta Go, Gotta Go, Gotta Go!!!

NYTimes |  As medical and social advances mitigate diseases of old age and prolong life, the number of exceptionally long-lived people is increasing sharply. The United Nations estimates that there were about 95,000 centenarians in 1990 and more than 450,000 in 2015. By 2100, there will be 25 million. Although the proportion of people who live beyond their 110th birthday is far smaller, this once-fabled milestone is also increasingly common in many wealthy nations. The first validated cases of such “supercentenarians” emerged in the 1960s. Since then, their global numbers have multiplied by a factor of at least 10, though no one knows precisely how many there are. In Japan alone, the population of supercentenarians grew to 146 from 22 between 2005 and 2015, a nearly sevenfold increase. 

Given these statistics, you might expect that the record for longest life span would be increasing, too. Yet nearly a quarter-century after Calment’s death, no one is known to have matched, let alone surpassed, her 122 years. The closest was an American named Sarah Knauss, who died at age 119, two years after Calment. The oldest living person is Kane Tanaka, 118, who resides in Fukuoka, Japan. Very few people make it past 115. (A few researchers have even questioned whether Calment really lived as long as she claimed, though most accept her record as legitimate based on the weight of biographical evidence.)

As the global population approaches eight billion, and science discovers increasingly promising ways to slow or reverse aging in the lab, the question of human longevity’s potential limits is more urgent than ever. When their work is examined closely, it’s clear that longevity scientists hold a wide range of nuanced perspectives on the future of humanity. Historically, however — and somewhat flippantly, according to many researchers — their outlooks have been divided into two broad camps, which some journalists and researchers call the pessimists and the optimists. Those in the first group view life span as a candle wick that can burn for only so long. They generally think that we are rapidly approaching, or have already reached, a ceiling on life span, and that we will not witness anyone older than Calment anytime soon.

In contrast, the optimists see life span as a supremely, maybe even infinitely elastic band. They anticipate considerable gains in life expectancy around the world, increasing numbers of extraordinarily long-lived people — and eventually, supercentenarians who outlive Calment, pushing the record to 125, 150, 200 and beyond. Though unresolved, the long-running debate has already inspired a much deeper understanding of what defines and constrains life span — and of the interventions that may one day significantly extend it.

The theoretical limits on the length of a human life have vexed scientists and philosophers for thousands of years, but for most of history their discussions were largely based on musings and personal observations. In 1825, however, the British actuary Benjamin Gompertz published a new mathematical model of mortality, which demonstrated that the risk of death increased exponentially with age. Were that risk to continue accelerating throughout life, people would eventually reach a point at which they had essentially no chance of surviving to the next year. In other words, they would hit an effective limit on life span.

Instead, Gompertz observed that as people entered old age, the risk of death plateaued. “The limit to the possible duration of life is a subject not likely ever to be determined,” he wrote, “even should it exist.” Since then, using new data and more sophisticated mathematics, other scientists around the world have uncovered further evidence of accelerating death rates followed by mortality plateaus not only in humans but also in numerous other species, including rats, mice, shrimp, nematodes, fruit flies and beetles.

In 2016, an especially provocative study in the prestigious research journal Nature strongly implied that the authors had found the limit to the human life span. Jan Vijg, a geneticist at the Albert Einstein College of Medicine, and two colleagues analyzed decades’ worth of mortality data from several countries and concluded that although the highest reported age at death in these countries increased rapidly between the 1970s and 1990s, it had failed to rise since then, stagnating at an average of 114.9 years. Human life span, it seemed, had arrived at its limit. Although some individuals, like Jeanne Calment, might reach staggering ages, they were outliers, not indicators of a continual lengthening of life.

The Hardest Choices Require The Strongest Wills

scitechdaily |  In a paper published today (January 13, 2021) in the journal Frontiers in Conservation Science, the researchers cite more than 150 scientific studies and conclude, “That we are already on the path of a sixth major extinction is now scientifically undeniable.”

Among the paper’s co-authors is Daniel Blumstein, a UCLA professor of ecology and evolutionary biology and member of the UCLA Institute of the Environment and Sustainability.

Because too many people have underestimated the severity of the crisis and have ignored experts’ warnings, scientists must continue speaking out, said Blumstein, author of the 2020 book “The Nature of Fear: Survival Lessons from the Wild” — but they also must avoid either sugarcoating the overwhelming challenges or inducing feelings of despair.

“Without fully appreciating and broadcasting the scale of the problems and the enormity of the solutions required, society will fail to achieve even modest sustainability goals, and catastrophe will surely follow,” he said. “What we are saying is frightening, but we must be both candid and vocal if humanity is to understand the enormity of the challenges we face in creating a sustainable future.”

The Earth has experienced five mass extinctions, each accounting for a loss of more than 70% of all species on the planet. The most recent was 66 million years ago. Now, the paper reports, projected temperature increases and other human assaults on the environment mean that approximately 1 million of the planet’s 7 million to 10 million species are threatened with extinction in the coming decades.

Blumstein said that level of damage could occur within the next several decades; an extinction affecting as many as 70% of all species — like the earlier mass extinctions cited in the paper — could potentially occur within the next few centuries.

One of the major trends discussed in the paper is the explosive growth of the planet’s human population. There are now 7.8 billion people, more than double the Earth’s population just 50 years ago. And by 2050, the figure is likely to reach 10 billion, the scientists write, which would cause or exacerbate numerous serious problems. For example, more than 700 million people are starving and more than 1 billion are malnourished already; both figures are likely to increase as the population grows.

Population growth also greatly increases the risk for pandemics, the authors write, because most new infectious diseases result from human–animal interactions, humans live closer to wild animals than ever before and wildlife trade is continuing to increase significantly. Population growth also contributes to rising unemployment and, when combined with a hotter Earth, leads to more frequent and intense flooding and fires, poorer water and air quality, and worsening human health.

 

Saturday, May 01, 2021

Far Older Than Their Calibrated Dating

 

 

Indigenous Land Stewardship And Forest Gardening Across Two Continents

nationalgeographic |  For hundreds of years, Indigenous communities in what is now British Columbia cleared small patches amid dense conifer forest. They planted and tended food and medicine-bearing trees and plants—sometimes including species from hundreds of miles away—to yield a bounty of nuts, fruits, and berries. A wave of European disease devastated Indigenous communities in the late 1700s, and in the 1800s, colonizers displaced the Indigenous people and seized the land. The lush, diverse forest gardens were abandoned and forgotten.

A few years ago, Chelsey Geralda Armstrong, an ethnobotanist at Simon Fraser University, was invited by First Nation elders to investigate why hazelnut trees were growing at abandoned village sites near the coast. The plants were far from their native habitat in the dry interior and seemingly lost among towering cedars and hemlocks. Armstrong began to suspect she was studying human-created ecosystems—and they were thriving, even with no one caring for them. She brought her suspicions to community elders, who confirmed them by sharing memories of ancestors cultivating edible and medicinal plants.

Armstrong gathered colleagues to study these ancient gardens’ ecology. In a new paper published this week in the journal Ecology and Society, the team reports a striking finding: After more than a century on their own, Indigenous-created forest gardens of the Pacific Northwest support more pollinators, more seed-eating animals and more plant species than the supposedly “natural” conifer forests surrounding them.

“When we look at forest gardens, they’re actually enhancing what nature does, making it much more resilient, much more biodiverse—and, oh yeah, they feed people too,” says Armstrong.

The paper may be the first to quantify how Indigenous land stewardship can enhance what ecologists call functional diversity—a measure of how many goods an ecosystem provides. It joins a growing scientific literature revealing that Indigenous people—both historically and today—often outperform government agencies and conservation organizations at supporting biodiversity, sequestering carbon, and generating other ecological benefits on their land. Leaving nature alone is not always the right course, scientists are finding—and the original land stewards often do it best.

This is, of course, a claim that Indigenous groups have long made. Western scientists, by contrast, have often written Native people out of forests and other ecosystems they helped create. An increasing number of scientists are now questioning this practice—and in the process, forcing ecology and conservation to undergo what some would say is a long-overdue reckoning.

“Western science for too long has embraced the idea of primordial wilderness,” says Jesse Miller, an ecologist at Stanford and Armstrong’s coauthor. “We’re seeing this paradigm shift to recognizing how much of what was thought of as primordial wilderness were actually landscapes shaped by humans.”

 

 

Rainforests Were Manmade Food Gardens

wikipedia |  First aired on Thursday 23 June 2011. The final episode looks at the Amazon rainforest - billed as the world's last great wilderness. However, the discovery of geoglyphs uncovered following deforestation in the 1970s and terra preta, provide growing evidence for ancient cities in the heart of the 'virgin forest'.[5] Ondemar Dias is accredited with first discovering the geoglyphs in 1977 and Alceu Ranzi with furthering their discovery after flying over Acre.[6][7]

The documentary presents evidence that Francisco de Orellana, rather than exaggerating his claims as previously thought, was correct in his observations that a complex civilization was flourishing along the Amazon in the 1540s. It is believed that the civilization was later devastated by the spread of diseases from Europe, such as smallpox. Some 5 million people may have lived in the Amazon region in 1500, divided between dense coastal settlements, such as that at Marajó, and inland dwellers.[8] By 1900 the population had fallen to 1 million and by the early 1980s it was less than 200,000.[8]

The documentary features interviews with Betty Meggers, William Balée, Anna Roosevelt, José Iriarte, Eduardo Góes Neves, Cristiana Barreto, Francis Mayle, Denise Schaan and Michael Heckenberger.

Ancient Permaculture Was Practiced Continent-Wide

sci-news |  The Llanos de Moxos is a savannah of approximately 126,132 km2 (48,700 square miles) located in the Beni Department of Bolivia in southwestern Amazonia.

The landscape is dotted by earthworks, including raised fields, mounds, canals and forest islands.

“The Llanos de Moxos savannah area floods from December to March and is extremely dry from July to October, but the mounds remain above the water level during the rainy season allowing trees to grow on them,” said lead author Dr. Umberto Lombardo from the University of Bern and colleagues.

“The mounds promoted landscape diversity, and show that small-scale communities began to shape the Amazon 8,000 years earlier than previously thought.”

“Our research confirms this part of the Amazon is one of the earliest centers of plant domestication in the world.”

The researchers looked at the forest islands located within the vast savannah for signs of early gardening.

“We basically mapped large sections of forest islands using remote sensing. We hypothesized that the regularly shaped forest islands had anthropic origin,” said co-author Dr. José Capriles, from the Pennsylvania State University and the Instituto de Investigaciones Antropológicas y Arqueológicas at the Universidad Mayor de San Andrés.

“However, most circular forest islands are in fact artificial and irregular ones are not. There is not a clear pattern,” Dr. Lombardo said.

In fact, there are more than 4,700 artificial forest islands in the Llanos de Moxos savannah, according to the scientists.

“Archaeological evidence for plant domestication is very poorly available, especially in Amazonia where the climate destroys most organic materials. There is no stone in this area because it is an alluvial plain (water deposited) and it is hard to find evidence of early hunter-gatherers,” Dr. Capriles said.

Using microscopic plant silica bodies called phytoliths, found well preserved in tropical forests, the team documented the cultivation of squash (Cucurbita sp.) at about 10,250 years ago, manioc (Manihot sp.) at about 10,350 years ago and maize (Zea mays) at about 6,850 years ago.

The study involved a large scale regional analysis of 61 archaeological sites, identified by remote sensing, now patches of forest surrounded by savannah.

Friday, April 30, 2021

Why Don't Police Have To Get Public Approval Before Getting Expensive New "Public Safety" Toys?

gothamist |  Thanks to FEMA cash the NYPD has a bulletproof boat, but that isn't close to the only toy in the Department's nautical arsenal. A story in today's Times takes a look at the NYPD Harbor Unit, which has become increasingly important to counterterrorism in the past few years. All of which is to say, the NYPD's six remote-controlled submarines will put those flimsy (banned) motorized model boats in Central Park to shame!

Seriously, these are some fancy and expensive toys (four of them, bought in 2007, cost $75,000 each and the other two, bought in 2008, cost $120,000 a pop!) that are crucial, along with the 34 vessels in the department's fleet, in helping the NYPD look around under boats and bridges in our expansive waterways for potential bombs (and drugs, contraband and criminals). So far the drone submarines haven't actually found a bomb, but when they do, the Harbor Unit is ready...to call in the Navy to deal with the bomb ("We mark the location, get out of the water and call them," a detective explains). 

dnainfo |   The NYPD’s International Liaison Program that posts detectives in nearly a dozen foreign cities is a waste of money that has not prevented any attacks, say sources who have dealt with the officials overseas.

Former NYPD Commissioner Raymond Kelly systematically began assigning NYPD personnel in foreign port-of-calls — using money from a charity to pay for it — not long after taking office in post-9/11 New York. He was eager to get information quickly and directly from his own personnel rather than rely on the feds.

But former federal officials who served overseas told “On The Inside” the NYPD detectives are ineffective, often angering and confusing the foreign law enforcement officials they are trying to work with, and are usually relegated to the sidelines because they lack national security clearance.

nypost |  The NYPD will part ways with “Digidog,” the robotic police dog that earned Rep. Alexandria Ocasio-Cortez’s wrath and became the subject of a City Council subpoena after images of it went viral.

The department told The Post on Wednesday that it ended a contract with Boston Dynamics to lease the four-legged robo-cop.

“The contract has been terminated and the dog will be returned,” a spokesperson said.

The sudden termination comes after a clip of the machine patrolling a Manhattan housing project went viral, sparking backlash and drawing comparisons to the dystopic TV series “Black Mirror.”

Mayor Bill de Blasio then urged the NYPD to “rethink” its use of the robot. Eventually, City Council leaders agreed and decided to subpoena the NYPD to find out its cost.

Negroes Ain't Gone Do Nothing - But This White Boy Summer Though...,

theconversation |  Any anti-police insurgency in the U.S. will likely start as an urban-based guerrilla-style movement. Attacks may be carried out on sites and symbols of law enforcement. Small arms and improvised explosive devices will likely be weapons of choice, which are relatively easy to acquire and build, respectively. The U.S. has the highest number of civilian firearms in the world with 120.5 guns per 100 persons or more than 393 million guns.

Critical infrastructure and government buildings may be targeted after business hours. The various groups will initially seek to avoid civilian casualties, and this may help to garner a level of support among the socially marginal from various backgrounds. The public would be concerned but relatively secure in understanding that only the police are being targeted. Escalation may ensue through copycat attacks.

The U.S. government will seem to have a handle on the insurgency at first but will gradually come to recognize that this is different. African American leaders will likely be helpless to stop the insurgency. Anyone who strongly denounces it in public may lose credibility among the people. Authenticity would mean developing a way to accommodate the insurgents in public rhetoric while condemning them in private.

Moving forward

I am often amazed that many people appear unaware that Nelson Mandela was co-founder of uMkhonto we Sizwe, the violent youth wing of the African National Congress, which carried out bombings in South Africa. The rationale provided in court by Mandela regarding his use of violence is instructive. Mandela told a South African court in 1963:

I did not plan it in a spirit of recklessness, nor because I have any love of violence. I planned it as a result of a calm and sober assessment of the political situation that had arisen after many years of tyranny, exploitation, and oppression of my people…. We chose to defy the law. We first broke the law in a way which avoided any recourse to violence; when this form was legislated against, and then the government resorted to a show of force to crush opposition to its policies, only then did we decide to answer violence with violence.

To predict that an armed insurgency may happen in the U.S. is not the same as wishing for it to happen: It is not inevitable, and it can and should be avoided.

Police reform is a first step. A comprehensive criminal justice overhaul is overdue, including addressing the flaws inherent in trial by jury, which tends to produce mind-boggling results in cases involving police killings. Finally, the judgment in the trial of Derek Chauvin for George Floyd’s death will have an impact on the trajectory of any possible future events.

If Elites Are Shutting Down Social Media What You Think They'll Do To Mass Protests?

FAIR  |  EP: Absolutely, yeah. A common thread throughout these bills is that they use vague, sweeping language to define new criminal offenses, or redefine existing ones, related to conduct that may occur during a protest.

So we’ve seen bills targeting “taunting” police in Ohio and Kentucky. The new law in Florida that contains this new criminal offense around mob intimidation, which is sweepingly defined—you only need three people who are trying to get another person to do something, or to have a particular viewpoint, which sounds a lot like any kind of protest, where you’re trying to convince someone to do or think differently. Broad prohibitions on inciting or encouraging or aiding unlawful assemblies; obviously those cast a wide net.

And in many cases, these new bills and laws are relying on states’ existing definitions of “rioting,” which, in almost all states, are already very broadly defined in ways that can capture a completely peaceful protest. In many cases, you only need a small number of people, whereas most of us conceive of a “riot” as kind of a large group. In most instances, you don’t actually have to cause any damage or injure anyone for it to be a riot; you only need to pose a threat or a danger of something, property being damaged or someone being injured. This is one of the many ways that these sweeping definitions can cover, again, completely peaceful, nonviolent protest activity.

JJ: The problem that I think a lot of folks could see is the broad sweep of it. And yet at the same time—it’s not a “but,” it’s an “and”—and at the same time, we see that they’re actually specifically targeted. Florida’s law is about Black Lives Matter; it’s not about January 6, you know? We know that there are particular targets, and we shouldn’t pretend we don’t know.

EP: Right. And that’s something that we’ve seen, time and time again in this tracking project, that lawmakers are really introducing these anti-protest initiatives in the aftermath of distinct protest movements. And it’s often clear from the text of the bills themselves, as well as from what lawmakers say, what they’re targeting. And that’s true of, certainly, this wave of legislation.

Daniel Shaver's Widow Seeks Justice For His Murder By Mesa AZ Police...,

@thebirthingtree

When will #DanielShaver’s story finally be heard? When will cops be held accountable? Why do they get lifetime pensions for killing citizens?

♬ original sound - Laney Sweet

newsweek  |  "Can someone please help explain to me how is it possible in the United States of America that these police officers keep getting away with murder?" Sweet said. "My husband Daniel Shaver was shot and killed five years ago while crying on the ground pleading for his life saying, 'Please don't shoot me.' He was compliant. He was unarmed. He didn't even have shoes on."

In another video, Sweet referred to the spate of police killings in the U.S., such as the death of George Floyd.

"People, it's time to wake up," she said. "Even when you comply and you try and you beg for your life and you say 'please don't shoot me' and you tell them that you can't breathe and you cry and you plead and you beg... they don't care.

"Because some cops are just out looking to kill people and they get away with it. And it keeps happening. And it's going to keep happening until people wake up and demand change."

In her videos, Sweet also spoke about how Brailsford, the officer who fatally shot Shaver, would get a pension for the rest of his life, while she and her children are struggling financially.

According to reports, Brailsford signed an agreement in 2018 to be rehired by the Mesa Police Department temporarily so he could apply for accidental disability pension and medical retirement due to a PTSD diagnosis. The PTSD stemmed from the shooting of Shaver and the resulting prosecution, an attorney for the officer told ABC15 in 2018.

"He was charged with second-degree murder, acquitted and then reinstated so he could get PTSD benefits for claiming disability for murdering my husband," she said in one video. "He's collecting a pension for the rest of his life. Meanwhile, my daughters and I are losing our housing and don't know where we're going to move next month and we don't have a working vehicle. Tell me how this is justice."

Sweet, who lives in Durango, Colorado, explained on a GoFundMe page to raise funds to support her family that she and her children will have nowhere to live from the end of May. That page has so far collected more than $75,000 in donations.

In a post on the page earlier this month, she said the city of Mesa is "interested" in settling the lawsuit and a mediation has been ordered.

Thursday, April 29, 2021

Bill Gates Has Had A Lifelong Ideological Committment To Knowledge Monopolies

newrepublic |  Gates can hardly disguise his contempt for the growing interest in intellectual property barriers. In recent months, as the debate has shifted from the WHO to the WTO, reporters have drawn testy responses from Gates that harken back to his prickly performances before congressional antitrust hearings a quarter-century ago. When a Fast Company reporter raised the issue in February, she described Gates “raising his voice slightly and laughing in frustration,” before snapping, “It’s irritating that this issue comes up here. This isn’t about IP.” 

In interview after interview, Gates has dismissed his critics on the issue—who represent the poor majority of the global population—as spoiled children demanding ice cream before dinner. “It’s the classic situation in global health, where the advocates all of a sudden want [the vaccine] for zero dollars and right away,” he told Reuters in late January. Gates has larded the insults with comments that equate state-protected and publicly funded monopolies with the “free market.” “North Korea doesn’t have that many vaccines, as far as we can tell,” he told The New York Times in November. (It is curious that he chose North Korea as an example and not Cuba, a socialist country with an innovative and world-class vaccine development program with multiple Covid-19 vaccine candidates in various stages of testing.)

The closest Gates has come to conceding that vaccine monopolies inhibit production came during a January interview with South Africa’s Mail & Guardian. Asked about the growing intellectual property debate, he responded, “At this point, changing the rules wouldn’t make any additional vaccines available.”

The first implication of “at this point” is that the moment has passed when changing the rules could make a difference. This is a false but debatable claim. The same can’t be said for the second implication, which is that nobody could have possibly foreseen the current supply crisis. Not only were the obstacles posed by intellectual property easily predictable a year ago, there was no lack of people making noise about the urgency of avoiding them. They included much of the global research community, major NGOs with long experience in medicines development and access, and dozens of current and former world leaders and public health experts. In a May 2020 open letter, more than 140 political and civil society leaders called upon governments and companies to begin pooling their intellectual property. “Now is not the time … to leave this massive and moral task to market forces,” they wrote.  

Bill Gates’s position on intellectual property was consistent with a lifelong ideological commitment to knowledge monopolies, forged during a vengeful teenage crusade against the open-source programming culture of the 1970s. As it happens, a novel use of one category of intellectual property—copyright, applied to computer code—made Gates the richest man in the world for most of two decades beginning in 1995. That same year, the WTO went into effect, chaining the developing world to intellectual property rules written by a handful of executives from the U.S. pharmaceutical, entertainment, and software industries.  



I Don't Think This Will Pass Congress And We're Going To Make Real Sure It Doesn't!

ritholtz  |  Spoiler alert: Forget the 40% capital gains rate — its DOA, merely misdirection, designed to distract from the real show. My best deductive reasoning leads me to conclude the administration has decided that the 1% have amassed so much money and power, that they deserve their own (higher) tax bracket.

That is the philosophy behind the new cap gains proposal: Treat the top 1% as unique, and tax them accordingly.

Allow me to share my thinking about the proposed doubling of the capital gains tax rate to 40%. I am not going to weigh in on whether or not I support it — thats not especially relevant — but rather, how we got here, and what might be going on behind the scenes, and what is more likely to occur (if anytrhing). Contrary to some of the hyperbolic hysteria you may have seen on social media, there is a method to the madness.

But first, my priors: Following World War Two, the United States enjoyed an unprecedented expansion of the middle class. Corporate CEOs earned about 25 times what the average worker made; jobs with good benefits were plentiful, wages rose regularly. Education and healthcare was affordable.

That began to change when Stagflation took root in the 1970s; change accelerated under President Reagan as tax rates were slashed. Not long after that, audits and enforcements at the IRS began to decrease. Capital began to outpace Labor – modestly at first, and then more significantly. In the 1990s, President Clinton introduced a tax change intended to limit executive pay – but it had the exact opposite effect, shifting more of their compensation from wages to stock options. This led to the creation of vast fortunes including an increased number of millionaires and billionaires. It was the law of unintended consequences writ large. That was before President Trump cut the Corporate tax rate in 2017.

Today, Corporate CEOs earned about 200+ times what the average worker makes (or 320x or whatever); good jobs with good wages and benefits are much less plentiful, Education and healthcare are unaffordable.

Hence, that is from whence my analysis begins. I believe that strategically, the proposed 40% is a misdirection, and a brilliant one at that. It is not at all what this is truly about.

Overtaxing "Success" Is Unamerican

bloomberg  |  Charles Myers was sitting in a first-class seat on a flight from New York to Dallas when his phone started blowing up Thursday. News had just broken that the wealthiest Americans could soon face a tax rate as high as 43.4% on gains from their investments.

The chairman of Signum Global Advisors wasn’t thrilled.

“Raising capital gains taxes hurts the capital markets,” he said in a text message. “Better to raise the personal top marginal rate and estate tax. Leave capital gains and dividends alone.”

Myers has raised funds for Joe Biden, and wasn’t shocked by the White House’s plan because it was part of the president’s campaign. But the donor doesn’t think that 43.4% rate will make it into final legislation.

As the plane descended, he added: “Over-taxing success is un-American.”

Pressure has been building to raise levies on the wealthy after decades of tax cuts that disproportionately benefited the top 1%. Politicians at the national and state levels have recently proposed or passed higher rates, but the measures were largely focused on income taxes.

The plan to target investment gains strikes at the heart of what makes the wealthiest Americans ever more wealthy.

The country’s richest 1% own more than 50% of the equity in corporations and in mutual fund shares, according to Federal Reserve data. The next 9% of the wealthiest own more than a third of equity positions. Added together, the top 10% of Americans hold more than 88% of shares.

Meanwhile, the bottom 90%’s equity exposure has been dropping for almost two decades. That meant last year’s stock market surge widened the nation’s wealth gap further, leaving the 10 richest Americans with more than $1 trillion, according to the Bloomberg Billionaires Index.

Now, Biden wants to help pay for a raft of social spending that addresses long-standing inequality by taxing investment gains more, according to people familiar with his proposal.

Billionaire venture capitalist Tim Draper isn’t persuaded. He said raising federal rates to as high as 43.4% would sound the death knell for Silicon Valley and American job creation.

 

Wednesday, April 28, 2021

Is Income Inequality “Compatible With Values Rooted In Our Nation’s History?"

propublica  |  “Inequality is a cumulative process,” said Karen Petrou, author of “The Engine of Inequality: The Fed and the Future of Wealth in America” and managing partner of the Washington-based consulting firm Federal Financial Analytics. “The richer you are, the richer you get, and the poorer you are, the poorer you get, unless something puts that engine in reverse,” she said. “That engine is driven not by fate or by untouchable phenomena such as demographics but most importantly by policy decisions.”

Under President Joe Biden, the federal government is trying to both create jobs and funnel lots of money to people like Tan with the $1.9 trillion American Rescue Plan stimulus package. Indeed, Tan is grateful for the $4,200 in stimulus funds she recently received. “This country has really, really blessed me a lot,” said Tan, a naturalized citizen who emigrated from Indonesia in 1984.

The Biden administration is also pushing for a $2.3 trillion infrastructure bill. But even without a penny yet having been spent on that, the federal government is running up record budget deficits, with more to come.

A considerable part of current and future deficits will be indirectly financed by the Fed, which has been increasing its holdings of Treasury IOUs and mortgage-backed securities by at least $120 billion a month, and has directed its trading desk to increase purchases “as needed” to maintain smooth functioning in the financial markets.

During Donald Trump’s four years as president, the Fed added $2.25 trillion to its holdings of Treasury IOUs, which helped cover the $7.8 trillion of debt the Treasury issued to finance budget deficits during the Trump years. It’s likely the central bank will be the biggest source of finance for Biden’s deficits, just as it was for Trump’s.

Why does that matter? Because when the Fed buys securities, it does so with money that it creates out of thin air. Pumping more money into the financial system increases the money supply, and some of that cash inevitably ends up making its way into the stock market, boosting prices.

Biden is making tax increases a big part of his infrastructure pitch, which in theory would make that legislation less reliant on the Fed. But it doesn’t mean taxes will go up anywhere near as much as he’s proposing. Or that taxes and spending will rise in lockstep. After all, spending is a lot more popular than raising taxes.

Now, let’s step back a bit and see how we got to this point.

During the 2008-09 financial crisis, the Fed initiated “quantitative easing,” a policy under which the central bank buys massive amounts of Treasury IOUs and other securities to inject money into the markets and stimulate the economy. Then-Fed Chair Ben Bernanke championed that approach, which complemented aggressive moves by the Treasury and helped keep giant banks and the world financial system from cratering. (Lots of people still lost their homes to foreclosure, another example of how helping the financial system might not help average people. But that story has already been told.)

Open Thread On Fred - WHAT HAPPENED?!?!?!

stlouisfed | Source: Board of Governors of the Federal Reserve System (US)  

Release: H.6 Money Stock Measures  

Units:  Billions of Dollars, Seasonally Adjusted

Frequency:  Monthly

Before May 2020, M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) demand deposits at commercial banks (excluding those amounts held by depository institutions, the U.S. government, and foreign banks and official institutions) less cash items in the process of collection and Federal Reserve float; and (3) other checkable deposits (OCDs), consisting of negotiable order of withdrawal, or NOW, and automatic transfer service, or ATS, accounts at depository institutions, share draft accounts at credit unions, and demand deposits at thrift institutions.

Beginning May 2020, M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) demand deposits at commercial banks (excluding those amounts held by depository institutions, the U.S. government, and foreign banks and official institutions) less cash items in the process of collection and Federal Reserve float; and (3) other liquid deposits, consisting of OCDs and savings deposits (including money market deposit accounts). Seasonally adjusted M1 is constructed by summing currency, demand deposits, and OCDs (before May 2020) or other liquid deposits (beginning May 2020), each seasonally adjusted separately.

For more information on the H.6 release changes and the regulatory amendment that led to the creation of the other liquid deposits component and its inclusion in the M1 monetary aggregate, see the H.6 announcements and Technical Q&As posted on December 17, 2020.

Suggested Citation:

Board of Governors of the Federal Reserve System (US), M1 Money Stock [M1SL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/M1SL, April 27, 2021.

Cornpop's Administration Broadly Defines "Domestic Terrorists" And Violent "Extremists"

outsidevoices  |  Last May, several months into a global pandemic that had capsized the economy, hog farmers had a problem on their hands. With restaurants closed, demand for their product had evaporated. With outbreaks shuttering meat processing plants all over the country, they had nowhere to send their animals to be slaughtered. If kept alive, the pigs would quickly outgrow facilities designed to hold them only for highly abbreviated lives, and the costs of feeding and watering them would become astronomical.

So some major pork producers, among them Iowa’s largest, Iowa Select Farms, made a horrifying decision. They would mass exterminate their animals in one fell swoop, using a technique that promised efficiency for themselves but guaranteed incomprehensible suffering for the pigs.

The method was called “ventilation shutdown,” and it entailed, basically, roasting the pigs alive. Workers would close all of the vents into the barns, shut down the air conditioning, and pipe steam into the buildings until the animals died by asphyxiation or hyperthermia, a process that took several hours. Then a worker would walk through the piles of corpses with a captive bolt gun, shooting whatever stragglers had survived.

The company, however, was unaware that there was a whistleblower within their ranks. An ISF truck driver named Lucas Walker, who had long been appalled by the company’s treatment of its pigs, had informed an activist named Matt Johnson of the company’s plans. Johnson snuck into the barns, placed hidden cameras, and recorded video and audio of the massacre to later release to the news media.

Neither Johnson nor Walker is what most people of conscience would consider a dangerous political extremist. They had no desire to bring any physical harm to anyone; on the contrary, they were moved by the cause of putting a halt to needless suffering. But both a new state law in Iowa and a bill currently being considered in Congress could render them such in the eyes of the criminal justice system. It is just one example of the moral hazard posed by the ongoing effort in Congress and within the Biden administration to erect a new domestic security state apparatus in response to the Trump years and the Capitol Riot — an effort the CIA has joined, while animal rights groups and environmental campaigners have been explicitly listed among its targets.

When Big Heads Collide....,

thinkingman  |   Have you ever heard of the Olmecs? They’re the earliest known civilization in Mesoamerica. Not much is known about them, ...