Moon of Alabama Brecht quote
July 15, 2021

Open Thread 2021-054

News & views ...

Posted by b on July 15, 2021 at 13:05 UTC | Permalink

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Black America is a Fatherless Child…

Posted by: Dogon Priest | Jul 15 2021 13:57 utc | 2

Interesting read by Engdahl

One of the rare honest statements by Bill Gates was his remark in early 2021 that if you think covid measures are bad, wait until the measures for global warming. The European Union is in the process of imposing, top-down, the most draconian measures to date, that will effectively destroy modern industry across the face of the 27 states of the European Union.

Under cute names such as “Fit for 55” and European Green Deal, measures are being finalized in Brussels by unelected technocrats that will cause the worst industrial unemployment and economic collapse since the crisis of the 1930s. Industries such as automobile or transport, power generation and steel are on the chopping block, all for an unproven hypothesis called manmade global warming.

Fit for 55 — EU Green Deal and the Industrial Collapse of Europe

Posted by: Down South | Jul 15 2021 13:59 utc | 3

The Duran can be hit and miss, but there is a new video updating the Assange extradition hearing which is actually quite good, going into fairly strong detail on the British (and US) court backgrounds and procedures, some of the political fencing going on, etc. Includes US Attorney Robert Barnes who provides some pretty astute input. Worth a listen, I think.

Posted by: J Swift | Jul 15 2021 14:12 utc | 4

More drivel from the Guardian, the UK's #1 birdcage liner. The US intel agencies leak
more cherry picked "reports" to friendly media to re-enforce the discredited Russiagate meme.

All they do when they push out this stream of consciousness gobbledygook is that they convince me that the Western governments & institutions are nonreformable.

Posted by: Kadath | Jul 15 2021 14:17 utc | 5

@ gottlieb | Jul 15 2021 13:45 utc | 1:

And the first name in the byline is . . . Luke Harding. It's almost as if Grauniad wants us to know it's peddling lies.

Posted by: corvo | Jul 15 2021 14:19 utc | 6

Good article on what is currently taking place in South Africa

The first arson “protests” at the weekend, in which 35 trucks were torched on the N3, which links Gauteng to KwaZulu-Natal and is South Africa’s food and fuel route, started the darkest week of anarchy in the country’s recent history. Information has now emerged that this was planned by intelligence operatives and other cadres loyal to Jacob Zuma. The former president is jailed at the Estcourt Correctional Centre for contempt of court and his loyalists want him out.

“These are people with experience of running operations,” said Deputy State Security Minister Zizi Kodwa at a briefing on Wednesday. News24 reported that Zuma’s leading spymaster and the former ambassador to Japan, Thulani Dlomo, is one of 12 ringleaders being investigated by the police’s Crime Intelligence and by state intelligence as being the architects of a political campaign of which they have lost control.

Under investigation: Twelve masterminds planned and executed insurrection on social media, then lost control after looting spree

Posted by: Down South | Jul 15 2021 14:30 utc | 7

@Posted by: gottlieb | Jul 15 2021 13:45 utc | 1

*** Hey! ***

It occurred to me that the Guardian and like stenographers should be referred to as:

The Golden Showers!


The Guardian did the bidding of the 6 Eyes once again and upon request released a Golden Shower.

The 6 Eyes are thrilled!

Posted by: librul | Jul 15 2021 14:33 utc | 8

hell of a read

isn't it outstanding that this russkis aktualy reach 100% of their stated goals?

call me suspicious, but it reads like somebody constructed this with all the "knowledge" of the things russia supposedly did

but hey.... "it apears genuine"

Posted by: Kartoschka | Jul 15 2021 14:36 utc | 9

Moeletsi Mbeki is former President Thabo Mbeki’s brother

WHAT was being witnessed in the country was the unravelling of the ANC, economist Moeletsi Mbeki said on Wednesday.

ANC is unravelling: Political analyst Moeletsi Mbeki

Posted by: Down South | Jul 15 2021 14:36 utc | 10

In re: EU Green Deal at #3

Engdahl is apparently a Climate Change denier. He also subscribes to the "Abiotic Oil" theory, which claims that oil is not biological in origin, but is formed by processes deep within the Earth's mantle. Oil, according to Engdahl is therefore not a finite resource, but is inexhaustible, and Peak Oil is just a scam to increase profits for the oil industry.

So, to me at least, this guy doesn't have any credibility. If the EU tries to enforce what he describes it will mean the end of European industry. When France tried to impose an additional tax on gasoline and diesel, riots ensued that lasted for months, and the plan had to be scrapped. If the EU persists with this, I imagine that the industrialized countries of Europe will start following England's path, and depart the EU.

And if the EU doesn't back down, it won't do anything about emissions, as the affected industries will just move to China, India or elsewhere in Asia.

Antoinetta III

Posted by: Antoinetta III | Jul 15 2021 14:46 utc | 11

For those who have not been following: there has been a huge viral content storm over a series of tweets talking about why MAGA etc.

Here is a more detailed followup by that author, Darryl Cooper

Some excerpts:



The point is that conservatives were following it all very closely, in real time, and they noticed when things didn’t add up.


If there was a time when Trump supporters feared Robert Mueller’s goon squad, that time had passed by the 2018 midterm elections. Conservatives knew by then the whole case was bunk, and they were salivating at the prospect of watching him get chopped up by the likes of Jim Jordan and Devin Nunes. And he did.

The collusion case wasn’t only used to damage Trump in the polls or distract from his political agenda. It was used as an open threat to keep people from working in the administration. Taking a job in the Trump administration meant having one’s entire life investigated for anything that could fill CNN’s anti-Trump content requirement for another few days, whether or not it held up to scrutiny. Many administration employees quit because they were being bankrupted by legal fees due to an investigation that was known by its progenitors to be a political operation. The Department of Justice, press, and government used falsehoods to destroy lives and actively subvert an elected administration almost from the start. Perhaps worst of all, some portion of the American population was driven to the edge of madness by two years of being told that American politics had become a real-life version of The Manchurian Candidate. And not by Alex Jones, but by intelligence chiefs and politicians, amplified by media organizations which threw every ounce of their accumulated credibility behind the insanity.


When no reckoning was forthcoming - when the Greenwalds, and Taibbis, and Matés of the world were not handed the New York Times’ revoked Pulitzers for correctly and courageously standing against the tsunami on the biggest political story in years - these people shed many illusions about how power really operates in their country.


Trump supporters had gone from worrying the collusion might be real, to suspecting it might be fake, to seeing proof that it was all a scam. Then they watched as every institution - government agencies, the press, Congressional committees, academia - blew right past it and gaslit them for another year.


They'd been taught that America didn't have Regimes, but what else was this thing they'd seen step out from the shadows to unite against their interloper president?


This is profoundly disorienting. Again, we’re not talking about pre-2016 Greenwald readers or even Ron Paul libertarians, who swallowed half a bottle of red pills long ago. These are people who attacked Edward Snowden for “betraying his country,” and who only now are beginning to see that they might have been wrong. It’s not because the parties have been reversed, and it’s not because they’re bitter over losing. They just didn’t know. If any country is going to function over the long-term, not everyone can be a revolutionary. Most people have to believe what they’re told and go with the flow most of the time. These were those people.


Trump supporters were led down some rabbit holes. But they are absolutely right that the institutions and power centers of this country have been monopolized by a Regime that believes they are beneath representation, and will observe no limits to prevent them getting it.

Posted by: c1ue | Jul 15 2021 14:47 utc | 12

@1 Let me guess...they conveniently found these documents on a park bench in London, right? But hey, good on only took them, what, five years to forge these documents. Pathetic.

This entire narrative continues to absolve Americans of any responsibility or agency. At the end of the day, Americans put Trump on the ballot and Americans voted for him. And regardless of any outside interference, the outcome was set the minute that Americans also decided to run Clinton.

I understand the British are terribly undone about being kicked out of the waters by Crimea and they need to have a very public tantrum about it and attempt to manipulate the poor, feeble minded Americans yet again to be concerned about their foreign policy. I would say that MI6 clearly hasn't looked around the average American city recently or they'd know that Russia's fictional antics are about the least concern of anyone. Totally pathetic though--like the UK is basically the scorned lover acting out and causing drama and nobody cares.

Posted by: Mataman | Jul 15 2021 14:51 utc | 13

Dr. Michael Hudson and Radhika Desai co-authored a paper which was part of the recent Valdai discussions.

Beyond the Dollar Creditocracy: A Geopolitical Economy

No surprises here for anyone who has followed Dr. Hudson's work, but the foreword by Alexander Losev - Director General of Sputnik Asset Management - had some interesting information:

The total amount of global money, including coins, banknotes and account balances, amounts to the equivalent of $37 trillion, with the US dollars per se accounting for about half of that amount, $19.2 trillion. If you add deposits to this amount, the global money supply in a broad sense will be equivalent to $98 trillion. And the entire value of global finance, which includes, in addition to money, investment vehicles (stocks, bonds or loans), derivatives and cryptocurrencies, exceeds $1.2 quadrillion.

Here are a few more figures ... The global stock market capitalisation amounted to $96 trillion as of late 2020, and the US market accounted for 54 percent of that amount. Global debt (public and private) exceeded $280 trillion2 as of early 2021, and the share of dollar-denominated debt liabilities amounts to 57 percent of this total.
Radhika Desai and Michael Hudson’s writings about dollar-denominated creditocracy are based on objective facts. The US dollar accounts for 85 percent of all settlements around the globe; it makes up 62 percent of the central banks’ gold and foreign exchange reserves; more than half of global debt is denominated in US dollars and half of global cash also exists in the form of US dollars.

Assuming these figures are accurate - these are the dimensions of the stakes in the dollar as reserve currency.

The US economy is a bit under 25% of the entire world's GDP yet the USD's role as cash, as trade currency, etc ranges from half to 85%.

A change from any of these present status quos (trade, cash, petrodollar, etc) means literally trillions of dollars that will either have to come home to the US economy or become valueless.

Or put another way: the largest single export the US economy has had for at least a generation, more likely 2 - the US dollar - is going to change from export to import. How will that affect the US citizen/consumer? The US economy? Prices and Inflation?

Posted by: c1ue | Jul 15 2021 14:56 utc | 14

i refuse to even open a guardian link... fuck them.. they ain't getting any ad revenue thanks to me...

Posted by: james | Jul 15 2021 15:00 utc | 15

@Dogon Priest #2

The piece you linked is ridiculous. If Black households had all the fathers in the world, it wouldn't change the fact that Black neighborhoods in the US have worse social services, worse job opportunities, and worse housing than the rest of the country.

It raises one correct point, that the Democratic party is hostile to the interests of Black people, but mixes it in with a bunch of bullshit:

"That flag and those stars and bars mean something to most in this nation. Maybe that is why people in Hong Kong, Cuba and even Iran during the Green revolution flew it."

Posted by: Peltast | Jul 15 2021 15:10 utc | 16

Colombia Reports: Colombia’s war crimes tribunal charged 15 members of a now-defunct army unit with the murder of 176 people and forced disappearance of 120 others. Among the charged former soldiers is convicted Colonel Hernan Mejia, who was named “Best Soldier of the Americas” twice and wants to run for president for the far-right Democratic Center party next year.

El Salvador Perspectives: On July 1, the US State Department released the long anticipated “Engel List” of corrupt figures in the Northern Triangle of Central America who will lose visa privileges to enter the US and can face other possible sanctions. The list is viewed by the administration as a tool against corruption which Washington believes is one root cause of migration towards the US. The Engel List included 14 individuals in El Salvador including several members of the government of president Nayib Bukele, who has been in a vocal dispute with the Biden administration over his government’s adherence to the rule of law.

Brasilwire: The recent visit to Brazil by the director of CIA William J. Burns was focused on planning against the rise of the Latin American left and also served for the US government to strengthen an anti-China offensive with the Bolsonaro government.

Cuba: Interview with Arturo Lopez-Levy.

Posted by: Maracatu | Jul 15 2021 15:16 utc | 17

Posted by: Down South | Jul 15 2021 13:59 utc | 3
What a bullshit. Why should the EU want to destroy their industry? Look at Germany today. Rainfall never seen before, at least 42 deads. Look at the us of a with 100 and more cozy degrees, no rainfall at all, burning like hell. Is it the holy spirit or perhaps climate change after all?

Posted by: pnyx | Jul 15 2021 15:27 utc | 18

Retaliation over the Balkans leak?

Kremlin papers appear to show Putin’s plot to put Trump in White House


Bad news for China:

China's GDP expands 7.9% in Q2, facing downward pressure in H2

There was a sharp decrease in growth (it was expected to grow 8.2%). If China wants to overcome the American menace, it will have to continue to grow much more, unless there's another 2008 in the USA.


Russia reiterates the USA was behind July 11th protests in some 20 cities in Cuba:

US attempting to carry out color revolution scenario in Cuba — diplomat

You know the checklist: if it happens in a sunny weekend (preferably, a Sunday), if it happens after lunchtime (so everybody is well fed and full of energy), if there's a twitterstorm happening at the same time, if there's violence and vandalism even though they claim it is "peaceful", if there's a POTUS announcement in support of the protests the moment or the day after, it is a color revolution.


Russia-China ties surpass military-political alliances of Cold War period, says Lavrov

"I would like to fully share your assessment of our bilateral relations as the best ever. [...] "Let me single out the quote from the statement, which stipulates that our ties today outpace the form of inter-state interaction that was the military-political alliances of the Cold War period. This is the most essential benchmark for our relations in all areas without exception," he [Lavrov] said.


About the anarchic nature of the capitalist mode of production:

Xi’s squeeze taking the verve out of China Inc: President Xi’s team must strike a better balance between their control instincts and leaving capitalism alone to work its magic, by William Pesek, Asia Times (a pro big business Western newspaper)

It is striking that one of the most luring factors of capitalism nowadays is the belief that the system "works its magic", i.e. is automatic, natural, unstoppable.

Well, that's only true when a system is hegemonic. When it needed to destroy feudalism in order to be born, capitalism was all but automatic and natural. It had to drench the world in human blood for centuries in order to become "natural".

It is also not automatic in the natural sense of the word. That's why we choose the term "anarchic" instead. Capitalism is still a class-based society, it needs an elite and its middle class to operate the system non-stop in order to make it survive. The difference is that the capitalist class operates on individual impulse, devouring each other while the system goes on, but, since every capitalist operates with the same logic, the result is always the same from the societal point of view. But that's not always true from the economic point of view: capitalism still has an entropy, its profit rate falls as a tendency, the more it successfully reproduces in the real world. That's why structural crises such as the one from September 2008 happen.


How it was intended:

How Japan can help tackle East Asia's coronavirus surge

How's it going:

Pfizer vaccine crunch continues to trouble Japan's inoculation efforts

Never put the cart before the oxen. Too grandiose plans won't hide the fact Japan is in a very lamentable situation.


In a last act of desperation, Japan allows uterus transplants in order to mitigate its critically low birth rates:

Japanese medical body conditionally approves uterus transplants



Why does inflation worry the right so much?

The neoliberal right-wing in fact does weaponize inflation. But each case is a case.

The problem with the USA right now is not that its inflation is 5.4% - the problem is that:

1) it was much lower some months ago;

2) it is the financial superpower, which means it has the USD Standard in its favor;

3) its economy is not heating. There's absolutely nothing happening with the American economy right now (Biden's infrastructure package has not even passed yet).

If your nation is growing at an extremely fast pace (10%+ per year), then an inflation of 4-5% is great - China had a 4% inflation for decades, the difference being it was growing 10%-17% per year through industrialization and infrastructure building.

That's not what's happening in the USA. All the Americans have done so far is to print money. This is a medicinal approach of the problem (start with the weaker drug, hoping for the organism to react by itself), but the thing is a national economy is not a human body, that's not how economies work.

Biden is simply losing time while eroding America's supremacy in the process.


This is how democracy dies: with a crazy propagandist's op-ed column in the WaPo:

Corporate America must commit to action on voting rights, by Jennifer Rubin

Exit the Principate, enter the Dominate. Late Empire, here I come!

By the way, those newspapers should stop putting "opinion" on the side of these columns. If the opinioner is on your payroll and is posting for decades now, it is not an opinion anymore, its editorial (official) political position.

A pathetic way to avoid being judged by History (which won't even work).


WHO declares 3rd wave of Covid-19 pandemic, says gains from vaccines have been reversed as Delta variant spreads

Good job, First World countries.


If You Don't Like It – Drop a Bomb on It? Miami Mayor Urges US to Strike Cuba

This is not just a Cuban habit - the Venezuelan elite exiled in Florida also frequently petitions the Congress and Senate to send NATO to bomb Venezuela since Chavismo rose to power.

You guys from the First World don't visualize it, but, here from the Third World, it is amazing how the USA acts like the capitalist version of the USSR for the right-wing and its elites. The elites and right-wing of the Third World countries are simply fascinated with the USA, they see it as the salvation, as the solution to all their problems. The USA is like their fairy godmother.


European Parliament approved a report on political relations with Russia: European Parliament Committee urged the European Union to prepare not to recognize the results of elections to the State Duma

The elections didn't even happen and they're already declared fraudulent by the EP.

My only conclusion here is the Europeans have developed a time machine: first the OPCW goes back in time, now the EP makes a resolution about a future event.

And yes, it was Lithuania who wrote the resolution.


Germany rejects the idea of ​​compensation to Ukraine for Nord Stream 2

The whole point for Germany to go through the pains of the NS-2 was to profit. If they were to pay compensation to the Ukraine, it would defeat this very purpose.

If think the Ukraine is now completely out of its depth. Complete descent into madness.


Fun read to relax for the day:

"America will not rise again": why Americans are sure of this, by Dmitry Kosyrev

Posted by: vk | Jul 15 2021 15:27 utc | 19

Posted by: c1ue | Jul 15 2021 14:56 utc | 14

We are going to inflate the heck out of the dollar going forward, that's what. Worked "great" the last time under Volker. That is the only way that debt will ever get paid back.

Posted by: Bemildred | Jul 15 2021 15:53 utc | 20

What Did You Expect?

Raman Pratasevich: the Belarus journalist captured by a fighter jet
Friends describe arrest of influential opposition journalist as an act of ‘personal revenge’ by the country’s president
Luke Harding and Andrew Roth in Moscow
Tue 25 May 2021 18.20 BST

BTW... Any news about Ryanair by OACI/ICAO?

Posted by: Rêver | Jul 15 2021 16:07 utc | 21

@ Posted by: Bemildred | Jul 15 2021 15:53 utc | 20

Volcker did the polar opposite: he spiked interest rates in order to cut inflation down.

Posted by: vk | Jul 15 2021 16:10 utc | 22

Posted by: Down South | Jul 15 2021 14:30 utc | 7

Since the violence is mostly (exclusively?) being driven by Zulu factions loyal to the Zuma clan, one silver lining (if any can be found!) is that it will be limited to provinces with a significant Zulu population:

Primarily KZN, secondarily Transvaal (large Zulu migrant worker population).

The Cape will be quiet, as well as the Northern Provinces where a strong Sotho and Tswana population abides.

Once this burns itself out Zuma's tribal faction will be ripped out by the roots, especially as it becomes clear to the factions loyal to the Zulu King the extent Zuma is willing to go for his own selfish interests.

Posted by: Arch Bungle | Jul 15 2021 16:11 utc | 23

@ Bemildred (#20) & c1ue (#14),

How will the U$A default & devalue this time?

U$A’s DEFAULTS & Devaluations:
1933 - Gold confiscation. Dollar devaluation by 41%
1971 - Nixon ended the Bretton Woods convertibility of 1945. “The dollar plunged by a third during the 1970s.”
2008 – Financial Crisis –> Defaulting through inflation/quantitative easing (QE1, QE2, QE3, QE4… ♾)

Nation’s default OPTIONS:
1) Devalue currency – so that a nation’s goods and services become cheaper, earn more from sales abroad and then pay its debt. (USA - 1933)
2) Haircut – we will pay you less, devalue & manage inflation. (USA -1971)
3) Inflation – Inflate the money supply and force the participants to speculate to maintain and increase prices. ( USA - 2008+)
4) Write off – we are not going to pay you back, ever.
5) Austerity – we will cut pensions, end social contracts and pay creditors.

Inflation is the most invisible and painless option. In this scenario they increase the money supply, reduce interest rates and drive the stock market up through money creation (QE1, QE2, QE3,….). Which nation is pursuing this default option?

What are the key characteristics of the short-term (7-10 yrs), medium-term (35-45 yrs) and long-term (80-100 yrs) DEBT/CREDIT CYCLES? Which cycle(s) will be ending?

The challenges of the (global) monetary system are being discussed at many places. What are the solutions? What does Michael Hudson and Radhika Desai propose to address these challenges? How about ending rent-seeking, free private money? An example will be made of Monetary Imperialists so none will pursue imperialism, enslavement and looting? Liabilities will be collected and the balance sheets BALANCED!

What are your ideas to address the Monetary System & Imperialism?

Posted by: Max | Jul 15 2021 16:32 utc | 24

Regarding Antoinetta III and 'abiotic' oil.

The theory of 'fossil' fuel, which is supposed to come from biomass from billions of years ago, actually has no scientific basis.

Lots of scientists have shown quite rigorously that this presumed process in fact flies in the face of basic thermodynamic principles. The formidable Soviet scientific establishment first proved this during the 1950s. And many prominent scientists have since confirmed that.

Here is the simplified science. It takes extremely high temperatures and pressures to produce hydrocarbons [oil and gas etc] from biomass. See the Fischer-Tropf process, an industrial process to create synthetic fuel from gasified biomass [wood] or coal.

These very high temps and pressures are NOT present at depths beneath the surface where life ever existed. Not even a fraction of what is thermodynamically required.

Besides that, today we have extremely deep wells drilling tens of kilometers beneath the surface and extracting hydrocarbons. No fossils nor any kind of life has ever existed at such depths. In simple terms, the 'fossil' fuel theory has already been disproved as a practical matter.

The required pressures and temperatures required to create the very long hydrocarbon chains of petroleum exist only at much greater depths. Primal hydrogen and carbon does exist at those depths, as do the thermodynamic conditions of high temperatures and pressures to join them in those long chains.

Science does advance and evolve. The postulation of 'fossil' fuels that come from biomass was put forth well over one hundred years ago, with really no thermodynamic proof [a science which itself was still evolving rapidly at that time.]

So just because Engdahl, who does have an engineering degree, says abiotic oil is more likely than fossil fuel, does not undermine his credibility. He is joined by many prominent scientists in this.

That does not mean that he doesn't sometimes write nonsense. For instance, he recently joined the 'China will collapse' crowd with a completely ridiculous article. But those misfires are usually few and far between. Most of the time, his inquiries are worth reading.

Posted by: Gordog | Jul 15 2021 16:34 utc | 25

Volcker did the polar opposite: he spiked interest rates in order to cut inflation down.

Posted by: vk | Jul 15 2021 16:10 utc | 22

So they say ...

It is still the case that a decade or so of high inflation did much to reset the debt problem we got from attempting both guns and butter in Vietnam.

Did a great service to the banks too, got the go-go years under Raygun started off with a bang, that was when the debt really began to go up too. Yippee.

It was great for employees for a while too, regular raises and so on.

That is also when I started waiting for this situation we have now.

Posted by: Bemildred | Jul 15 2021 16:34 utc | 26

Did the Dead Ducks die from Golden Showers?

The Guardian article being discussed (see @1)
is another fine example of the torrent of ceaseless Golden Showers journalism (GSj).

But wait! The Dead Ducks! It is not always GSj.

Remember when the NYT told a true lie?

The NYT truthfully reported on a lie that CIA Director Haspel told President Donald Trump.

To be fair to the NYT, they truthfully recounted an interaction between CIA Director Haspel and President Donald Trump,
as told to them. Whether they knew or cared whether the interaction was in the service of a lie (the official Skripal Narrative)
is a whole other question.

The NYT had reported that CIA Director Haspel showed President Donald Trump pictures that Haspel had been given
from the Brits of hospitalized children and Dead Ducks that were collateral damage in the poisoning of the Skripals.

The Golden Showers newsrags can report truthfully when it serves their overseers.
Good for you, NYT, for accurately taking dictation and reporting on something that actually happened.

But then, Oh! NYT, you couldn't sit on your laurels. You had to go and retract your one truthful report
and replace it with a face palm worthy excuse (a lie).

It would seem that the Brits had shared the pictures early on with the CIA when the Skripal narrative/tall tale was still being
fine tuned. The Brits Skripal narrative would eventually have no need for hospitalized children and Dead Ducks.
And certainly no use for any pictures from the narrative's first draft.

So the NYT initially told a true lie, but then true to form,
corrected the true lie and gave it's readers a lie about a true lie.

Confusing? Certainly.
Just remember that the Golden Showers journalists are lying
but when they are caught telling the truth ...
well...then they will tell a new lie.

This article goes a long way in untangling this. It did for me.
The best rebuttal to the NYT's poisoning of the Dead Ducks story
is for the patient.

Posted by: librul | Jul 15 2021 16:39 utc | 27

@ Posted by: Bemildred | Jul 15 2021 16:34 utc | 26

Volcker did what he did precisely to fight the problem of Stagflation that ravaged the USA in 1975-1980.

It's good to remember Volcker was first hired during the final years of Jimmy Carter, not Reagan. A lot of stuff that is credited to Reagan were actually Carter's innovation - including the main neoliberal reforms.

Jimmy Carter is the perfect example of a frontier POTUS. His first two years were Keynesian/FDR Democract, and his two last years were the beginning of Neoliberalism in the USA. He represented both the death of Keynesianism/FDR Democratism and the birth of Neoliberalism.

Trivia: It is not uncommon for these transition historical figures to disappear from History for simplification purposes. The reign of emperor Antoninus Pius was essentially unknown and lost by the Byzantine era - among other reasons, possibly because his reign was amalgamated to Marcus Aurelius' (who was then enshrined in Roman History as the perfect emperor, obviously a false depiction that can only be explained by the fact that he must have taken credit for his fathers' reign). Marcus Aurelius was also called "Antoninus" during the Roman times, so it was not common for people to confuse him with his father in written sources (there is a surviving example of this). I think a similar process - only in the negative - happened with Jimmy Carter: Democrat/leftist Americans chose to ignore his two last years in order to clean his reputation, while Republicans/rightists did the same, in order to deify Reagan.

Posted by: vk | Jul 15 2021 16:48 utc | 28

What are your ideas to address the Monetary System & Imperialism?

Posted by: Max | Jul 15 2021 16:32 utc | 24

Thank you for your comment, but I'm not interested in talking to you about it. Nothing personal, just don't have time to answer a lot of questions. I appreciate the opportunity to say what I think, mainly.

Are you some sort of teacher? I have a lot of teachers in my immediate family.

Posted by: Bemildred | Jul 15 2021 16:49 utc | 29

@Antoinetta III | Jul 15 2021 14:46 utc | 11

Engdahl is apparently a Climate Change denier.

Prove to us that he claims the climate hasn't always changed. It is you guys who deny the climate the right to change.

He also subscribes to the "Abiotic Oil" theory, which claims that oil is not biological in origin, but is formed by processes deep within the Earth's mantle. Oil, according to Engdahl is therefore not a finite resource, but is inexhaustible, and Peak Oil is just a scam to increase profits for the oil industry.

If you subscribe to the idea that all hydrocarbons have a biotic origin, please tell us when life died out on Saturn's Moon Titan, it has Methane lakes and rivers, and a dense Methane atmosphere.

All you need to create hydrocarbons is hydrogen, carbon + high pressure and temperature. All of this exists in abundance in the Earth. In Vietnam you have oil reservoirs in granite, how did the animals creep into the granite?

Posted by: Norwegian | Jul 15 2021 16:52 utc | 30

Posted by: vk | Jul 15 2021 16:48 utc | 28

That's all true, more or less, and it doesn't change what I said. I quite agree about Carter. Hand picked at the time, I would guess. Volker was necessary for Raygun to happen, somebody had to buy all that debt. Inflation was necessary for Raygun to happen too. Leaving the gold standard was necessary for all that followed. Funny money is funny money, that's what we choose here. And the history of funny money is clear. Inflation was well on it's way by 1970, I was there, in a good union job at the time.

Posted by: Bemildred | Jul 15 2021 16:56 utc | 31

@ pnyx | Jul 15 2021 15:27 utc | 18

Rainfall never seen before, at least 42 deads.

Once in a generation events doesn't mean it never happened before, but it is an indication that people with amnesia have no ability to remember such things.

Posted by: Norwegian | Jul 15 2021 16:57 utc | 32

@Gordog | Jul 15 2021 16:34 utc | 25
Great post! I agree 100%

Posted by: Norwegian | Jul 15 2021 17:00 utc | 33

@ Bemildred (#29), thanks for revealing your reality. Your comment (#31) is just propaganda.

A question opens the mind, a statement closes the mind.

The propagandists only like to make statements to program minds.

Posted by: Max | Jul 15 2021 17:05 utc | 34

@Bemildred #20, 26
I would argue that it was the abrogation of Breton Woods that did the trick in the 1970s.
It turned all that gold convertible USD debt into assets held by foreigners.
The inflation of the 1970s was the result of foreigners responding to this unilateral action.
For example: the oil embargo by the ME.
This continued until the interests of KSA vs a revolutionary Iran outweighed the anger over their pre-Iran revolution dollar profits being effectively devalued. Arguably the petrodollar standard come out of these negotiations.

Posted by: c1ue | Jul 15 2021 17:16 utc | 36

@Gordog #25
I think it is extremely simplistic and likely to be wrong to assume either theory is 100% right (and thus the other is 100%) wrong.
Along other things: we have lots of evidence of heavy plant material buildup in relatively recent geologic time: peat accumulations around the world.
We also know that the Earth’s ecosystem was a lot more productive in the past with high CO2 levels.
The geologic age of those era is more than sufficient for super peat beds to be pushed underground by geological processes like plate drift - for which we also have abundant evidence that it occurred.
Does abiotic oil exist? There is no reason why it shouldn’t.
However, to say that it is responsible for all or most of existing oil and natural gas deposits seems ambitious. What were the mechanisms by which carbon rich rock convert to hydrocarbons in localized setups?
Short answer is: It isn’t clear to me but most importantly: it doesn’t matter.
What we do know, very clearly, is that there are a huge amount of known oil and natural gas resources which are economically in feasible to exploit now.
But does gasoline really need to be cheaper than milk?
Not that I’m advocating deliberately high gas prices: gas prices = transport and heat cost = one of the most regressive costs faced by regular people.

Posted by: c1ue | Jul 15 2021 17:25 utc | 37

Posted by: c1ue | Jul 15 2021 17:16 utc | 36

(Bretton Woods) That was the fundamental change, which made it all possible, yes. It also made a lot of other things necessary. That was the point at which TPTB here had to decide, real political reform or double-down. We all know what they choose. It was around 1983 when I finally figured it out. A LOT of things started then, now coming home to roost. Before that, they could not just print more. Once everybody got used to the funny money, it was off we go!

Posted by: Bemildred | Jul 15 2021 17:26 utc | 38

@Max #24
Your thinking is seriously flawed.
First of all, default is a very specific lega term.
The United States *never* needs to default in its USD debts because it can print infinite dollars.
Secondly, you are assuming unilateral control over the outcome by the US.
This is a mistake because the avalanche isn’t under the US’ control. If some significant part of the ROW decided they don’t trust the USD anymore, there is nothing the US can do to neutralize those returning dollars without ginormous changed in the US laws and society. Think China style monetary controls.
I think that is never going t fallen short of a liters revolution.
Then there’s the assumption that there are sane adults in charge making rational decisions for the common good.
It seems clear to me that this is a very, very flawed assumption.

Posted by: c1ue | Jul 15 2021 17:31 utc | 39

Posted by: c1ue | Jul 15 2021 17:25 utc | 37

Yes, I don't see why it is a problem to have both abiotic and biotic hydrocarbons, there is certainly plenty of both laying around.

And I quite agree that having firm opinions about everything is not really necessary. Better to keep an open mind and not spend too much time arguing and getting in personal disputes.

Posted by: Bemildred | Jul 15 2021 17:33 utc | 40

@Bemildred #38
I think you’re being simplistic.
Nixon took the US out of its own Bretton Woods in 1971.
The start of the overt renter/neoliberal movement began with Reagan in 1981.
That’s a decade and 3 Presidents later.
The Democratic Party in that era, and realistically until Bill Clinton became President in 1996 - still had a working man focus.
The oligarchy as we see today thus really didn’t come into being until a long time after Nixon.

Posted by: c1ue | Jul 15 2021 17:39 utc | 41

@ c1ue (# 36 & #39), your opinions shared are mistaken and misleading.

The folks at CFR, deputy treasury secretaries, central bankers, fed employees and many global monetary specialists see that as a DEFAULT and more precisely define it as a “TECHNICAL DEFAULT.” You don’t know reality and make up some cockamamie opinions, and make them look good by false accusations.

– What were the two things that kept JFK up at night?

– Who were the key drivers of ending the Bretton Woods agreement & commitments?
Have you talked to any real practitioner such as a central banker or financial elites to understand the reality of this key monetary event? Have you read on this topic, please share. Just read the recent book, “Three Days at Camp David: How a Secret Meeting in 1971 Transformed the Global Economy,” book by Jeffrey Garten,” to see how MISTAKEN you’re. The U$A administration didn’t care about the foreigners and gave them a middle finger, with which statement? The folks at CFR talked about it recently.

– A ruse needed to be created to generate the demand for oil and thereby petrodollars. Who led this development? What a LIE to state, “the petrodollar standard come out of these negotiations.” The dollar needed to be backed by a commodity to create its demand.

The biggest THREAT to the Financial Empire is its lies and myths. It has ZERO CREDIBILITY. Reality trumps delusions!

Posted by: Max | Jul 15 2021 17:46 utc | 42

c1ue: @41

A decade of preparation, yeah, like I said. Nixon, Ford, Carter. End of Bretton Woods, Opening to China, inflation run wild, all of it started then, towards the end, the retreat from Vietnam. We lost. That could not be dealt with. You can go into detail if you want, I don't need to, like I said, I was there, and I knew by the time I was ten this country is owned and run by crooks. I mean Vietnam made it pretty obvious. The question was: Were they smart enough to fold and reform, and try again another day, realize they had to take care of ALL there people it they wanted to compete. They were not willing. They like being unaccountable. They don't like competition, whatever they say. They choose violence and deceit. So they lost. It may take a while, but it happens.

Posted by: Bemildred | Jul 15 2021 17:50 utc | 43

@Max #42
Bretton Woods was ended by Nixon not because the US wanted to, but the because the US *had* to.
Nor were the Treasury secretaries of the 1960s, the CFR of that era. the blaberty blah - so competent that they saw the default coming.
Just like the CFR, the Treasury Secretaries today and in 2008 and in 2000 saw those crises coming.
You confuse titles with competence.
Nor is your definition of "technical default" very useful.
Yes, bankster stooges lobbying to protect their sponsors want to ensure that the cash stashes aren't devalued via inflation.
But unless the agreements for Treasury bonds, etc specifically state that the US government does not have control over its own sovereign currency, then it is just that: lobbyist yapping.
So in yet another era - I see nothing coming from you that didn't pop up from a 2 second Google search: devoid of wisdom, devoid of understanding, devoid of historical knowledge.
Really a waste of time.

Posted by: c1ue | Jul 15 2021 18:10 utc | 44

@Bemildred #43
Fair enough, you have your view and you are entitled to it.
My own view from looking at the detailed documents of the period - the internal discussions and what not - is exactly that far more of what happened, happened as responses to bad decisions made in the past as opposed to some nefarious, brilliant plan or to some lucky/unusual/extraordinary person.

Reagan was that person. California's legislature has been controlled by Democrats continuously since 1959 - the sole exceptions were 1969-1971 - note Reagan was elected governor in 1967 and left in 1975.

Given this - is it so surprising that he won the Republican nomination in 1980? And that his presence turned America politically conservative during his era?

I'd note unironically that Reagan ran on "Make America Great"...

Posted by: c1ue | Jul 15 2021 18:23 utc | 45

Yes, the violence won’t spread to the other provinces except parts around Johannesburg where the Zulu migrant workers stay.

But in KZN itself the violence that has broken out between the Indians and Zulus around Durban (Phoenix in particular) is something fierce, I would not be exaggerating to call it a race war.

Posted by: Down South | Jul 15 2021 18:34 utc | 46

Oops at Arch Bungle 23

Posted by: Down South | Jul 15 2021 18:35 utc | 47

Posted by: c1ue | Jul 15 2021 18:23 utc | 45

No, actually, I pretty much agree with you about all of that, just for different reasons, and I am certainly not suggesting they planned it this way. What they planned was a "return to normal", and that is still what they are working on. The problem is what they consider "normal".

"is exactly that far more of what happened, happened as responses to bad decisions made in the past as opposed to some nefarious, brilliant plan or to some lucky/unusual/extraordinary person."

It was precisely mediocre politicians acting expediently for their own interests, as they saw them, that got us here. There has been plenty of protest and political activism here, the government just stopped listening. The citizenry, having other things to do, like making a living, gave up. The political class thinks that is a good thing. They are wrong. Empire and free money goes to their heads. You can't govern well if you don't listen. Feudalism died for good reasons, it could not compete.

Posted by: Bemildred | Jul 15 2021 18:42 utc | 48

@ c1ue (#44), again you misconstrue, misrepresents and mislead without answering questions and providing any evidence, because they will DEBUNK your cockamamie opinions and most likely LIES.

It is not my definition of "technical default.” It is the professionals in the financial, monetary and economic spheres, including John F Kennedy.

JFK, worried about two things: a nuclear war and gold window default.

John Kennedy wanted to address this challenge proactively. He signed an executive order (11110) authorizing the Treasury Secretary to continue printing silver certificates during the transition period. In summary, they saw the DEFAULT COMING. You’re wrong in your assertion that they didn’t see the default coming.

In fact, Huey Long saw these challenges during depression and even the Fed Chairperson, Marriner Eccles, the 7th Chairman of the Board of Governors of the Federal Reserve, in his testimony to the Senate Committee on the Investigation of Economic Problems in 1933. Remember, we have Americans that are smart but MARGINALIZED by the lackeys of the Financial Empire.

Similarly, many of us have been raising issues of the COMING DEFAULT since 2010 and the threat to the US$ as a global reserve currency. We wanted the challenges to be addressed proactively, so it is addressed without huge cost to Americans. However, the lackeys of the Financial Empire have their own plans.

You won’t answer the questions, “What are the key characteristics of the short-term (7-10 yrs), medium-term (35-45 yrs) and long-term (80-100 yrs) DEBT/CREDIT CYCLES? Which cycle(s) will be ending?“ because it will REVEAL the challenges & end of the US$ as the global reserve currency. Will the Establishment and Empire’s lackeys pretend they didn’t see it coming?

The average age of the global reserve currency is 94 years (80-110 years). Why? Where is the US$ in the reserve currency lifecycle? The 1971 was the mid-point. When is the ENDPOINT?

Not interested in your digression as your LIES are being exposed. Stop your nonsense.

Posted by: Max | Jul 15 2021 18:47 utc | 49

Norwegian @ 30

This is Engdahl’s position on climate change is clear:

Origins of ‘Global Warming’

Many have forgotten the original scientific thesis put forward to justify a radical shift in our energy sources. It was not “climate change.” Earth climate is constantly changing, correlated to changes in the emission of solar flares or sunspot cycles affecting Earth climate. Around the turn of the millennium as the previous solar-led warming cycle was no longer evident, Al Gore and others shifted the narrative in a linguistic sleight-of-hand to “Climate Change,” from Global Warming. Now the fear narrative has gotten so absurd that every freak weather event is treated as “climate crisis.” Every hurricane or winter storm is claimed as proof that the Climate Gods are punishing us sinful CO2 emitting humans.

The Great Zero Carbon Criminal Conspiracy

Co-founder of the Club of Rome, Dr Alexander King, admitted the essential fraud of their environmental agenda some years later in his book, The First Global Revolution. He stated:

In searching for a new enemy to unite us, we came up with the idea that pollution, the threat of global warming, water shortages, famine and the like would fit the bill … All these dangers are caused by human intervention and it is only through changed attitudes and behaviour that they can be overcome. The real enemy, then, is humanity itself.

King admitted that the “threat of global warming” was merely a ploy to justify an attack on “humanity itself.” This is now is being rolled out as the Great Reset and the Net Zero Carbon ruse.

Posted by: Down South | Jul 15 2021 18:52 utc | 50

Pepe Escobar tells us what happened in Dushanbe at the SCO Foreign Ministers confab. China's Wang Yi:

"Chinese Foreign Minister Wang Yi laid out the basic road map to his Afghan counterpart Mohammad Haneef Atmar. While stressing the Chinese foreign policy gold standard – no interference in internal affairs of friendly nations – Wang established three priorities:

"1. Real inter-Afghan negotiations towards national reconciliation and a durable political solution, thus preventing all-out civil war. Beijing is ready to 'facilitate' dialogue.

"2. Fighting terror – which means, in practice, al-Qaeda remnants, ISIS-Khorasan and the Eastern Turkestan Islamic Movement (ETIM). Afghanistan should not be a haven for terrorist outfits – again.

"3. The Taliban, for their part, should pledge a clean break with every terrorist outfit....

"Overall, the official Beijing stance is that all negotiations should be 'Afghan-owned and Afghan-led.'"

The three points were agreed to as the clear starting point. It seems Russia based on its Syrian experience is suggesting a longer term pragmatic approach as my suggestion of a one year coalition is too short and unrealistic:

"The main Russian point is that Kabul and the Taliban should try to form a provisional coalition government for the next 2-3 years while they negotiate a permanent agreement."

And what will be crucial given the Taliban as members of a coalition government:

"Another very important point is that once 'substantive' intra-Afghan negotiations resume, a mechanism should be launched to clear the Taliban of UN Security Council sanctions."

And that's where interference by the Outlaw Anglo Empire will likely emerge to further the chaos it loves to impart. But the meeting wasn't all about Afghanistan, and Pepe fills us in on that too.

Posted by: karlof1 | Jul 15 2021 19:10 utc | 51

A nice review of some of the history we have been discussing:

On the 50th Anniversary of Henry Kissinger’s Visit to China

Posted by: Bemildred | Jul 15 2021 19:15 utc | 52

@Down South | Jul 15 2021 18:52 utc | 50

Yes, it is consistent with what I said @30, and you quote him saying:

Earth climate is constantly changing, correlated to changes in the emission of solar flares or sunspot cycles affecting Earth climate.
Still, some people manage to call anyone who says this a "climate change denier", it is deeply dishonest.

Posted by: Norwegian | Jul 15 2021 20:35 utc | 53

@ Posted by: Norwegian | Jul 15 2021 20:35 utc | 53

That climate is constantly changing is a self-evident truth. What matters is predicting it, when it will change and how it will change. That's science.

Medicine knows everybody dies. What makes it a science is that it understand the concept and applies it in a manner it can predict how the person will die and, that way, preventing it so the person can live a little bit more.

Posted by: vk | Jul 15 2021 20:40 utc | 54

The basic illogic of the "Earth's climate is always changing":

- Hiker hears a boot make contact with a rock above him and is hit with a rock on the head, looks up and sees smirking man with rock dust on his foot
- Logic: That man dislodged that rock!
- Illogic: Rocks fall all the time!

In previous times the Earth's climate has changed, due to such things as the regular changes in the way the Earth goes around the Sun and natural releases of greenhouse gases. Now humanity is releasing massive amounts of greenhouse gases and the climate is warming up, because greenhouse gases warm up the atmosphere - something we have known about since the nineteenth century. This is why we have the scientific method, peer review, etc. etc.

As for abiotic oil and the standard reasoning for fossil fuels being incorrect, please provide some actual scientific papers from some reputable journals.

Posted by: Roger | Jul 15 2021 21:31 utc | 55

@ Bemildred and VK

My understanding leads me to conclude you are both correct but only within each of your own narrowly defined historical contexts regarding Volker causing inflation and suppressing inflation.

Of importance is Volker’s role in advising Nixon to go off the gold standard in 1971 which led to a devaluation of the dollar and increased domestic inflation. At that time Volker was an official at the US Treasury, serving as Undersecretary of the Treasury for Monetary Affairs. Nixon acted on his advice, ending the Bretton Woods agreement when he took the US dollar off the gold standard in 1971-73.

I recall reading a lecture Volcker delivered to a UK university audience in the late 1970s when he foreshadowed (no, I can’t find a link available anymore) how sacrificing developing countries by raising interest rates to 20% was necessary to rescue the metropole — as though he had the right, the entitlement, to sacrifice others to save his peers. What a brutish civilization.

So Volker both enabled inflation to rise by taking the dollar off the gold standard and then later strangled developing countries and indebtors at home by raising interest rates to 18-20%, causing mass consolidation of US farmland via bankruptcy and the eviction of smallholder farmers.

History has dialectics, back and forth. Sometimes the same player is involved.

Posted by: suzan | Jul 15 2021 21:32 utc | 56

Posted by: suzan | Jul 15 2021 21:32 utc | 56

Yes, I remember that too. Social engineering. Nice addition. :-)

Posted by: Bemildred | Jul 15 2021 21:38 utc | 57

Posted by: Norwegian | Jul 15 2021 20:35 utc | 53

"Earth climate is constantly changing, correlated to changes in the emission of solar flares or sunspot cycles affecting Earth climate.
Still, some people manage to call anyone who says this a "climate change denier", it is deeply dishonest."

Nope, and you are an anthropogenic climate change denier (its that good enough for you?). The scientists are so tired of debunking the sun spots BS they now probably just retread all the previous papers on the subject.

From NASA:

"According to the United Nations’ Intergovernmental Panel on Climate Change (IPCC), the current scientific consensus is that long and short-term variations in solar activity play only a very small role in Earth’s climate. Warming from increased levels of human-produced greenhouse gases is actually many times stronger than any effects due to recent variations in solar activity.

For more than 40 years, satellites have observed the Sun's energy output, which has gone up or down by less than 0.1 percent during that period. Since 1750, the warming driven by greenhouse gases coming from the human burning of fossil fuels is over 50 times greater than the slight extra warming coming from the Sun itself over that same time interval."

And the New Scientists from 2007 (yes they have been dealing with this kind of bullshit for a while) with some nifty graphs:

Posted by: Roger | Jul 15 2021 21:41 utc | 58

@ 'Roger', who demands peer-reviewed papers on abiotic oil.

FYI, the professional literature is now fully *searchable* thing called 'google'. 🙃

Posted by: Gordog | Jul 15 2021 21:43 utc | 59

@ Posted by: suzan | Jul 15 2021 21:32 utc | 56

Yes, the mechanism is the same (USD Standard, post-Bretton Woods world). I just pointed out that Volcker used the machine on "reverse polarity" in order to achieve the same geopolitical aims.

Powell is using zero to negative interest rates and money printing; Volcker squeezed the world of USDs. Both wanted to achieve the same goal (maintenance of the American supremacy) and used the same tool (the Fed), but they went through opposite paths.

Posted by: vk | Jul 15 2021 22:07 utc | 60

I'd note unironically that Reagan ran on "Make America Great"...

Posted by: c1ue | Jul 15 2021 18:23 utc | 45

I recall him running on "ending the deficit" twice no less.

I believe that the exact opposite happened.

Posted by: arby | Jul 15 2021 22:59 utc | 61

Posted by: suzan | Jul 15 2021 21:32 utc | 56

"Of importance is Volker’s role in advising Nixon to go off the gold standard in 1971"

I think the reason for going off the gold standar was France and maybe others handing their dollars back and asking for the gold.

Posted by: arby | Jul 15 2021 23:03 utc | 62

Posted by: arby | Jul 15 2021 23:03 utc | 62

Indeed. The American war on Vietnam created an unsustainable fiscal situation, increasing US foreign indebtedness, making it impossible to continue cashiering out gold for dollars as some astute European parties challenged. I assume Volcker was well informed of these matters when he advised Nixon to go off the gold standard.

Posted by: suzan | Jul 15 2021 23:24 utc | 63

Posted by: Down South | Jul 15 2021 18:34 utc | 46

The problem with South Africa is that communities are arranged so that ANY conflict will turn into, or look like, a race war.

I don't believe what's happening in Phoenix is intrinsically a race war but it was bound to look like one because, well, the parties in conflict happen to be of different races.

Phoenix is just one example, a Canary, expect this to happen everywhere Colored or Indian communities are in close proximity to Zulu communities.

The architects of Apartheid set their charges deep and well...

Posted by: Arch Bungle | Jul 15 2021 23:48 utc | 64

The U.S. getting out of Iraq and Afghanistan so fast has got me scratching my head. Overall, it looks to me like Biden's brain trust realizes the wheels are coming off and Russia, China and the BRI are not only unstoppable, but the U.S. imperial forces will be run over if they don't get out first. So they throw the hot potato to Erdogan and to the Brits and Israelis and now they are more focused on Latin America. Vicky Nuland can give Uncle Joe some updates.
Latin American Pivot
Biden is more neo-con than Obama. By that I mean he has been selling his soul to the banksters and the Daddy Warbucks killer machines for 45 years non-stop while Obama was more like a quick fill in and then got out with a bunch of loot and movie star friends and a mansion in Martha's vinyard. Biden will focus on Latin America as a neo-con . He will go back to what he believes were his creations: Plan Colombia and Plan Biden, same thing: a Mario Puzo "Godfather" type of plan that offers lots of money, arms, training and some back-up to thugs who are willing to betray and kill and dominate their own people in return for power. It's the devil's offer and Biden can play the Marlon Brando or the Sonny or the Michal Corleon part... at least he thinks he can.
Look at Colombia. Look at Haiti. Look at Honduras. Guatemala. Those countries followed the U.S. imperial orders and now they are distopic, drug infested, gang controlled hellholes but virtually everyone in Latin America now knows that! Latin Americans-- unlike the half asleep U.S. citizens who are either "woke" or "redneck"-- Latin Americans are very aware that their choice to support the U.S. mafia or to stand up together for sovereignty is a life or death choice. The ones who choose the U.S. are basically the born rich elites who are tied to Miami and are working with NGOs and CIA or their cutouts. The masses know that Kamala's icy order "Do not come! Do not come!" translates to "We are sending money and support to the elites. They will take care of you."
Bottom line, Biden's Latin American pivot is DOA. Next step: hot wars.

Posted by: migueljose | Jul 16 2021 0:22 utc | 65

Haiti, Colombia

Telesur in Venezuela continues to connect dots on the assassination of Moise.
This link shows the head of Colombia's police, Jorge Vargas, doing some limited hangout, outing the key Colombian recruiter along with a Haitian doctor and mentioning that everyone was paid by the U.S. but didn't name an American or an agency.

South Florida is the center of the plot which was run out of CTU, a security company in Doral near Miami. The owner is Antonio Intrago, a right wing Venezuelan American who wanted to make Venezuela an American state in 2015 "like Russian did with Crimea". The link below has a good video explaining the company.

Posted by: migueljose | Jul 16 2021 0:53 utc | 66

Not Invited: Targeted. NATO Excluded Belarus, Russia from 32-Nation Partnership Meeting.

by Rick Rozoff

"Lieutenant Hans-Werner Wiermann, Director General of the NATO International Military Staff, held a meeting of NATO partner states Brussels, Belgium on July 14.

The get-together was designed to evaluate the results of the June 14 NATO summit and to enhance existing military partnership programs, of which NATO has several throughout the world.

The NATO heads of state and government gathered for the summit stressed, Wiermann said, the need to “enhance existing relations with Partners as well as develop new partnerships around the world, including in Africa, Asia and Latin America.” As Europe and North America are already NATO-subjugated territory, the bloc has charted out the rest of the world for the expansion of its influence, presence and activity.


During the height of the war in Afghanistan when NATO had over 100,000 troops from more than 50 nations serving under its command, the military bloc held meetings of chiefs of defense staff (CHODS) at its headquarters with the military heads of almost 70 nations.

The international community is either completely unaware of or has become acclimatized to much of the world being enmeshed in a global U.S.-dominated military network under the NATO aegis. There has never been anything even remotely comparable to it in history. It represents a military alliance of an order of magnitude hitherto unimaginable. All the belligerent nations in World War I and World War II together are a fraction of NATO’s thirty members and forty partners and more in the offing.

The last sentence in the report of the above event on the NATO webpage reads: “All partners from the Euro-Atlantic Partnership Council [Partnership for Peace], the Mediterranean Dialogue, the Istanbul Cooperation Initiative and the Partners across the globe framework were invited to this meeting with the exception of Russia and Belarus.”

Posted by: daffyDuct | Jul 16 2021 1:20 utc | 67

@Posted by: Gordog | Jul 15 2021 21:43 utc | 59

@ 'Roger', who demands peer-reviewed papers on abiotic oil. FYI, the professional literature is now fully *searchable* thing called 'google'. 🙃

Nice try anthropogenic climate change denier, the first link is to a NASA article based on the UN IPCC report that is itself based upon the peer review literature (reviewed an extra time by the UN IPCC scientists who are generally the leading scientists in their fields). The New Scientist is an actual real science mag that bases its stuff on peer reviewed articles! You would know that if you had read them of course. Yes, its that easy to find stuff, based on peer reviewed science, that debunks your BS.

Now back to that proof that disproves the scientific biogenic consensus on the creation of fossil fuels and fully supports the abiotic theory? I will make it easy for you - anything from Science Direct, Nature, Nature Geoscience, New Scientist, Resource Geology, Marine and Petroleum Geology? Like these below (I am using ones that can be accessed without a subscription, I am a an academic researcher so have access to such things but many others will not):

From the second one, basically petroleum geology accepts the possibility of abiotic oil but on a much lesser scale of occurrence than biogenic oil:

"Modern petroleum geology does not deny the existence of commercial amounts of abiotic oil. The abiotic theorists would surely win more credibility if big oil fields could be found supporting their theory. Glasby (2006) highlights how researchers have been unable to cite any commercial occurrence of abiotic petroleum, despite a long list of promising places such as the Siljan Ring, offshore Vietnam, Eugene Island in the Gulf of Mexico or the Dnieper-Donets Basin. In fact, the petroleum resources of those regions can be explained entirely within the biogenic framework (Vlierboom et al. 1986; Parnell, 1988; Roberts, 2001, Ulmishek, 2001; Bojesen-Koefoed et al., 2009, Coung and Warren, 2009)."

Now put up or shut up.

Posted by: Roger | Jul 16 2021 1:24 utc | 68

Reading an excellent book on the failure of the South American "Pink Tide" by Fabio Luis Barbosa dos Santos, "Power And Impotence: A History of South America Under Pregressivism (1998-2016). It covers all of the countries in surprising detail, a really incredible amount of work went into the book, it even covers changes in Cuba during the period. Well worth the read.

Posted by: Roger | Jul 16 2021 1:36 utc | 69

27 vs 0
Full consensus.

FUKUS led euro to compete with chinese BRI.

BS !

This is the only way the !@#$%^ know how to compete.

Nine Chinese engineers among 13 killed in 'attack' on bus in northwest Pakistan The incident occurred in Dasu area of Upper Kohistan district of Khyber Pakhtunkhwa province where Chinese engineers and construction workers are helping Pakistan build a dam which is part of CPEC

How do I know its another FUKUS black op ?
Its almost a given.
When it comes to terrorism against Chinese,
Assume FUKUS guilty until proven innocent.

IN this part of world, they call the Afghan good Talib, cuz they only kill gringos and their cohorts,
while Pak Talibs are called CIA goons, they kill Pakistanis and Chinese.

Chinese workers become the victims of economic rivalry among various companies as many foreign firms including Turkish and US ones try to monopolize rebuilding projects in Afghanistan," said an analyst on condition of anonymity.

Remember Raymond Davis ?

“The Lahore killings were a blessing in disguise for our security agencies who suspected that Davis was masterminding terrorist activities in Lahore and other parts of Punjab,”

MInd you...
Terrorism against Chinese engineers and workers almost halted the Gwadar port proj.


Indians [like their FUKUS cousins] always gloat on Chinese misfortune.
Fact is, in South Asia, terrorism against Chinese are often FUKUSI[ndian] joint ops.



Posted by: denk | Jul 16 2021 3:08 utc | 70

@Roger | Jul 16 2021 1:24 utc | 68

When you behave like a bully it is an admission of no real arguments. Please carry on.

Posted by: Norwegian | Jul 16 2021 7:07 utc | 71

Engdahl explains his views on abiotic oil:

As I searched more translations of the Russian scientific abiotic papers, I dug deeper. I learned of the highly-classified Soviet era research begun in the 1950s at onset of the Cold War. Stalin had given a mandate to the leading Soviet geo-scientists to, simply put, insure that the USSR was entirely self-sufficient in oil and gas. They should not repeat the fatal error that had contributed to Germany’s losing two world wars–lack of oil self-sufficiency.

Being serious scientists, they took nothing for granted. They began their work with an exhaustive search of world scientific literature for rigorous proof of the genesis of hydrocarbons, beginning with the accepted fossil fuel theory. To their shock, the found not one serious scientific proof in the entire literature.

I then read of the cross-disciplinary researches by academics such as Professor V.A. Krayushkin, head of the Department of Petroleum Exploration in the Institute of Geological Sciences of the Ukrainian Academy of Sciences in Kiev, one of the leading abiotic scientists.

Krayushkin presented a paper following the end of the Cold War to a 1994 Santa Fe, New Mexico conference of DOSECC (Drilling, Observation and Sampling of the Earth’s Continental Crust). There Krayushkin presented his researches of the Dnieper-Donets region of Ukraine. Traditional mainstream geology would have argued that that region would be barren of oil or gas. Traditionally-trained geologists had argued it senseless to drill for oil or gas there because of the complete absence of any “source rock” — the special geological formations which, according to Western geological theory, were the unique rocks from which hydrocarbons were generated or were capable of being generated – presumably, the only places where oil could be found, hence the term “source.”

What Krayushkin presented to the disbelieving audience of American geologists and geo-scientists went against their entire oil genesis training. Krayushkin argued that the oil and gas discoveries in the Ukraine basin came from what geologists called ‘crystalline basement,’ deep rocks where Western geological theory claimed oil and gas (which they termed ‘fossil fuels,’) could not be found. No dinosaur fossils nor tree remains could have been buried so deep, the Western theory went.

Yet the Russians had found oil and gas there, something tantamount to Galileo Galilei telling the Holy Inquisition that the Sun — and not the Earth — was the center of our system.

How I came to Realize I was Wrong About Peak Oil

Posted by: Down South | Jul 16 2021 7:28 utc | 72

@Down South | Jul 16 2021 7:28 utc | 72

Thank you, that's an important quote for serious people to contemplate. This information has been available for many years, but political ideology has trumped facts so far.

Now, consider the 'science' behind the de-industrialization and destruction of the west.

Posted by: Norwegian | Jul 16 2021 7:50 utc | 73

More on abiotic oil from Engdahl

Vietnam success

While the American oil multinationals were busy controlling the easily accessible large fields of Saudi Arabia, Kuwait, Iran and other areas of cheap, abundant oil during the 1960’s, the Russians were busy testing their alternative theory. They began drilling in a supposedly barren region of Siberia. There they developed eleven major oil fields and one Giant field based on their deep ‘a-biotic’ geological estimates. They drilled into crystalline basement rock and hit black gold of a scale comparable to the Alaska North Slope.

They then went to Vietnam in the 1980s and offered to finance drilling costs to show their new geological theory worked. The Russian company Petrosov drilled in Vietnam’s White Tiger oilfield offshore into basalt rock some 17,000 feet down and extracted 6,000 barrels a day of oil to feed the energy-starved Vietnam economy. In the USSR, a-biotic-trained Russian geologists perfected their knowledge and the USSR emerged as the world’s largest oil producer by the mid-1980’s. Few in the West understood why, or bothered to ask.

Dr. J. F. Kenney is one of the only Western geophysicists who has taught and worked in Russia, studying under Vladilen Krayushkin, who developed the huge Dnieper-Donets Basin. Kenney told me in a recent interview that “alone to have produced the amount of oil to date that (Saudi Arabia’s) Ghawar field has produced would have required a cube of fossilized dinosaur detritus, assuming 100% conversion efficiency, measuring 19 miles deep, wide and high.” In short, an absurdity.

Western geologists do not bother to offer hard scientific proof of fossil origins. They merely assert as a holy truth. The Russians have produced volumes of scientific papers, most in Russian. The dominant Western journals have no interest in publishing such a revolutionary view. Careers, entire academic professions are at stake after all.

Confessions of an ‘ex’ Peak Oil Believe

Posted by: Down South | Jul 16 2021 8:20 utc | 74

@Down South | Jul 16 2021 8:20 utc | 74

They then went to Vietnam in the 1980s and offered to finance drilling costs to show their new geological theory worked. The Russian company Petrosov drilled in Vietnam’s White Tiger oilfield offshore into basalt rock some 17,000 feet down and extracted 6,000 barrels a day of oil to feed the energy-starved Vietnam economy

Yes, ref. my comment @30 about vietnamese oil in granite (basalt and granite rocks are roughly the same, both igneous). This is well known, except in circles who prefer not to know.

Posted by: Norwegian | Jul 16 2021 8:33 utc | 75

With your permission b I'd like to respond to james from the Balkans thread

thanks b... this is what we have come to expect from her Majesty's government... constant propaganda and lies are what they excel at..

best post on this thread hands down -> Ash Naz | Jul 14 2021 22:31 utc | 36

runner up! - > Blue Dotterel | Jul 15 2021 8:37 utc | 55

Posted by: james | Jul 15 2021 15:45 utc | 77

But james, that is exactly the point I have tried and failed to make clear.

This is NOT Her Majesty's Government. Whitehall civil servants are not involved

This is Buckingham Palace sending out Orders in Council using "special" civil servants.

If you like, it is a parallel government which manages foreign affairs.

Buckingham Palace has more than seven hundred offices, and space for hundreds of cars. What do all those people do?

karlof, I left a reply to you on the Balklans thread.

Posted by: John Cleary | Jul 16 2021 8:36 utc | 76

Interesting article by Gilad Atzmon in the Unz review on Israel's problems with the Pfizer vaccine.

Apparently the "delta variant" infects the vaccinated more than the unvaccinated by a 5/1 ratio in June/July. This suggests that the Pfizer vaccine may be leading to an uptick in cases, as the ratio ought to be 6/4 if Vaccinate/unvaccinated infections were equal according to Gilad.

Something to look forward to as the summer progresses, I suppose. No wonder Pfizer is pushing for a booster. Happy enough with my Sinovac.

Posted by: Blue Dotterel | Jul 16 2021 9:46 utc | 77

Ana Parampil has a 45 minute video interview with Haitian musician Chango Bastia, lots of perspective, history and his take on what's going on. a few points he makes:
No one on the street knows the whole story of how Moise got killed;
The people didn't like Moise but he fell out of favor with the U.S. and oligarchs (Noriega, Sadaam, etc);
Claude Joseph is just as bad;
local oligarchs were involved in the killing;
the U.S.controls "everything" and was in favor of the assassination;
Jimmy "Barbeque" is a thug; his revolutionary posture is fake.

This last point refutes my speculation and hope based on Kim Ive's portrayal of Barbeque in his interview with Dan Cohen. I'm guessing I was wrong. Barbeque is probably not the next Fidel. This video is long, Chango's English is accented and a bit hard to understand but worth the effort, IMO.

Posted by: migueljose | Jul 16 2021 11:19 utc | 78

Regarding the abiotic origin of oil (and natural gas), it has to be considered that the rate of generation is not likely to match our current rate of extraction. If these hydrocarbons are indeed being generated somewhere inside the earth, they must have been for aeons. It logically follows that the rate of formation would be slow, or else we would be drowning in the stuff.

In light of the ever growing world population rightly demanding its fair share of the hydrocarbon energy supply, it is inevitable that western countries will have to tone down and ration their excessive consumption.

Having said that, let's get on to the colorful part of this post.

Unlike some "academic researchers" (read pimply dorkish phd students), I estimate that abiotic oil is a more reasonable hypothesis than fossil oil. In truth, we know more about outer space than we know about the inner of our planet. And we know precious little about space anyway.

All our theories about the inner workings of the sun and the stars are just theories, with no experimental backing(*) - as long as we cannot gauge into the sun we are unable to even define experimental conditions, let alone recreate. (*)But there's lots of backing from the military/atomic industry: "look, our sun is an atomic bomb too - aren't atomic bombs cute and familiar? Hey naive phd wannabe, try to calculate a bit for us on 'the sun's innards' - it's for the good of humanity.")

The fossil origin of oil is mostly a naive extension of our longer standing knowledge about superficial coal deposits, that do contain plenty of fossilized remains of plants and animals. Dinosaur fossils found in coal deposits could well be the source for much of the archetypal dragon imagery. Even though we find many fossilized remains in coal, we really have no idea about the processes that caused and shaped these deposits, just speculations- and dragons.

More than 99% of academic orthodoxy concerning what's out there and in here is entirely unverifiable speculation and likely more than 95% of it is unadulterated bollox that remains uncontested largely due to a total absence of facts, pro or contra, and the highly effective suppresion of dissent in the academic world. It would seem that our main progress since the middle ages has been that we have stopped burning heretics at the stake and are now content with banishment and silencing. Epicycles are the dogma. "Eppur si muove" only on places like

After all that foaming at the mouth, I'll now declare how much of a witch I really am by mentioning an unspeakable heresy: the theory of the expanding earth.

That's right, we can literally see suboceanic expansion areas everywhere, but the theorized subduction zones are still hypothetical. Look up a map of seafloor area dating and figure what's going on down there. Check how antarctica is circled by expansion ridges only. Search for that cute animation showing how all the contients fit together perfectly - on an earth half the current size.

Somehow matter appears to be generated inside the planet. We currently do not understand how this happens. Not only hydrocarbons are being generated, water and our atmosphere come from below as well, and a lot more of those too, as most of the planet is covered with water and air, not with oil and natural gas.

The hypothetical cometary origin of earth's water has lately become completely untenable. In recent decades, we have been able to send probes and close-up imaging systems to several comets. All turned out to be pitch black and bone dry dusty rocks. The imagined water is only present in the cometary coma, mostly as hydroxyl radicals, possibly formed as a combination of interplanetary protons (from the sun) and oxygen atoms sputtered from the surface of the comet.

Posted by: Lurk | Jul 16 2021 13:19 utc | 79

Trusted News Initiative?

Specially for the Resident Stalinist ....... Ivermection Does Not Work!

Is Ivermectin for Covid-19 Based on Fraudulent Research?

And the trusted Guardian:

Huge study supporting ivermectin as Covid treatment withdrawn over ethical concerns

More Voodoo Science??

The Virus and the Parasite

Posted by: Hemiola | Jul 16 2021 13:39 utc | 80

migueljose @Jul16 11:19 #78

You are still not applying any thought to what you hear.

  • How is it that Moise is disliked by both the people AND the oligarchs?

    It appears to me (and I've been writing of this at moa for several days) that the ruling establishment never liked Moise and there was a deliberate attempt to make the country ungovernable - essentially punishing the people for electing him while creating propaganda against Moise.

  • How is Moise anything like Noriega or Sadaam?

    You are comparing Moise to long-term thugs. Anyone that briefly peruses the wikipedia entries for Moise and these thugs can immediately tell that Moise was nothing like these two.

    Moise was democratically elected in a political system that was not favorable to him. He was a newcomer to politics with no military or intelligence background.

    The Haitian Constitution allowed him to "ruled by decree" in certain circumstances and he was forced to do so because the oligarch-friendly political system all but shutdown to stymie his rule.

  • Claud Joseph is just as bad? WTF?

    Joseph is likely to be one of the coup-plotters that murdered Moise (or he is their puppet). He is 100% a tool of the oligarchs and USA. There is no comparison with Moise.

  • local oligarchs were involved in the killing; U.S.... was in favor

    No one has provided any reasonable explanation of WHY oligarchs and USA felt that they had to kill Moise. Such a move is not undertaken lightly.

    We can surmise that Moise was a threat to their interests. A threat so dire that they had to take action. In all likelihood, Moise was doing what he said he was doing: trying to change the deeply corrupt oligarch-friendly system that kept Haiti impoverished.

  • Barbeque ... oopsie!?

    Your wrong impression of Barbeque is one of several things that should alert you to the games that are being played by the oligarch-friendly media and political establishment.

    If one looks at what has occurred over the last year or so, one can see a clear progression to the assassination. Barbeque was brought back in May and turmoil increased dramatically as a result. It's not difficult to see that he was returned to intimidate the people - a visible reminder that the killings could start again if they don't go along with the new government.

IMO there is a great deal of propaganda/disinfo about Moise and what has been going on in Haiti. No one should accept news reports at face value. Nor can you trust what people tell you if that person is also getting their info from oligarch-friendly news reports.

I encourage everyone to listen to Moise's speeches and interviews (I have previously linked to Moise's Al Jazeera interview and UN speech). If you do, you'll find that Moise is thoughtful and dedicated himself to changing an oligarchic-friendly system that has kept Haiti impoverished.


Posted by: Jackrabbit | Jul 16 2021 13:48 utc | 81

@Hemiola | Jul 16 2021 13:39 utc | 80

Not voodoo science, voodoo blogging. The blog author pulls apart one study as if implying that all research on the topic is worthless. AFAICS the mud he is throwing is all over himself on that one.

The topic is contentious, indeed. Here are two recent studies, making almost opposite claims:

One dismissal, by way of complaints about misleading information on websites and "the COVID-19 social media infodemic":

BMJ Evidence-Based Medicine;
EBM opinion and debate
Misleading clinical evidence and systematic reviews on ivermectin for COVID-19

The other presents a detailed overview of the mechanisms of action of ivm:

The Journal of Antibiotics (2021)
Review Article Published: 15 June 2021

The mechanisms of action of Ivermectin against SARS-CoV-2: An evidence-based clinical review article

Read the articles for yourself if you want to be informed.

By the way, there seems to be a lot more going on with ivermectine that eludes our current comprehension. In a post in the last MoA week in review topic I posted studies that claimed that ivm eases motor symptoms and aids remyleniation in multiple sclerosis and another one that claimed that low dose ivm remarkably aids tissue healing and prevented scarring.

Posted by: Lurk | Jul 16 2021 14:26 utc | 82

‘Death Spiral’: Ex-Labour Voters Don’t Even Know Who Keir Starmer Is

I called it from the beginning.

Sir Keir Starmer is, by far, the most artificial, the most in-your-face double agent Labour leader in the party's history.

Only the most liberal ideologue Londoner middle classes believe he's the natural choice for the Labour party. The guy is obviously put there by some dark forces of the British deep state. He came directly from The Guardian and The Independent pages to the leadership of the party.


Debunking the most popular fake news against Cuba:

Detector de mentiras activado: noticias falsas contra Cuba durante estos días (+Video)


Norwegians Fear Putin More Than Xi, Kim, Biden – Survey

I understand the Russians are the natural geopolitical enemies of the Norwegians (you only have to look at the map), but it still surprises me the enthusiasm with which Norway embraces NATO. Like, you lost your sovereignty either way - just because your master is in the other side of the Atlantic, it doesn't mean he doesn't exist.

Posted by: vk | Jul 16 2021 15:14 utc | 83

Thailand has approved the traditional herbal medicine Andrographis paniculata as a treatment for Covid-19

Thailand Clears Use of Herbal Medicine for Covid-19 Treatment

This comes as no surprise to me. Andrographis is a well-known traditional medicine all over South-East Asia, and has been highly researched for its medicinal properties. It has long been established that it is highly efficacious against both flu and common cold, and I have used it for that purpose for years.

Ever since early 2020 I have advocated a mixture of three traditional herbal medicines for Covid-19 - both as prophylactic and as early treatment:

1) Andrographis paniculata
2) Phyllanthus amarus
3) Glycyrrhiza glabra (liquorice root)

All three are very important medicines in ayurveda, all three have been very extensively researched scientifically, and all three have previously been shown by scientific research to be effective against corona viruses. All three are also very good strengtheners of the immune system. There is absolutely no reason not to expect that they are likely to be valuable against SarsCov2 also. In addition, Phyllanthus amarus - in my opinion - might also be helpful against late stage covid-19, especially in reducing the inflammatory response - but that is pure speculation on my part and has not as far as I know been tested.

Posted by: BM | Jul 16 2021 15:34 utc | 84

@Bemildred #48
Fair enough.
And I would still note: medieval feudalism couldn't compete primarily because the newly arisen industrialists controlled the fruits of automation - whereas medieval feudalism was created to control the fruits of agriculture.
However, feudalism itself isn't dead. Dr. Michael Hudson has noted many times that banksters today are the modern equivalent of the robber barons of Normandy. Instead of taking 30% of the peasant's crop and being responsible for security, infrastructure, etc - the banksters are taking far more (FIRe is well over 40% of the US economy now) without providing anything in return.

Posted by: c1ue | Jul 16 2021 15:38 utc | 85

One possible source for "abiotic" oil is tied up with the question; Where did our oxygen come from?

One answer proposed is "cyanobacteria".. (Quote; Cyanobacteria are prokaryotic oxygenic phototrophs that contain a green pigment called chlorophyll and a blue photosynthetic pigment called phycobilins. Prokaryotic means they don't have a membrane-bound nucleus, mitochondria or other type of membrane-bound organelle (like true algae do)

They live in water and on methane, giving off oxygen as a waste product. They were active in the billion (?) years between the formation of the earth and during it's subsequent volcanic action, and the period when the earth had a breathable atmosphere. They produced it.

Would the resulting billion year produced biomass, spread evenly across the planet, be enough to form Oil layers? They would be in the deepest layers as they were some of the earliest manifestations of biological activity on the planet.

Personally, I only put this forward as a possibilty, as there are (as far as I know) no studies that could give a clear answer to how much mass could be produced, and over what period.

Posted by: Stonebird | Jul 16 2021 15:40 utc | 86

The true reason why the West doesn't call China "socialist" or "communist":

Biden: Communism is a failed system… and I don’t see socialism as a very useful substitute but that’s another story

If you admit China is socialist (or, the far-right denomination, "communist"), then you're giving up the only narrative that saves capitalism in the long term: the idea of the end of History. That would be a too big of a price to pay for the capitalists, even at the return of completely isolating and ultimately destroying China.

That's also why the EU designates China by the bizarre and obscure term "State Capitalism".

Posted by: vk | Jul 16 2021 15:42 utc | 87

@ Posted by: c1ue | Jul 16 2021 15:38 utc | 85

No, Mr. Hudson is completely wrong here.

Finance is anti-feudal par excellence. It is the destruction of feudalism.

Feudalism thrives in a non-monetary world, by putting land in the center of everything. To monetize the economy - whatever its form - is to destroy the feudal economic system (manorialism). There is no inflation, interest etc. etc. in the feudal system; the concept simply doesn't exist. What existed of monetary economy during the Middle Ages were in the pockets of mercantile cities in the Mediterranean (Italy, Constantinople and some Iberian coastal cities).

There's no such a thing as a "financial feudalism" - it is a contradiction in terms.

Posted by: vk | Jul 16 2021 15:46 utc | 88

@Max #49
JFK was a poser; Mariner Eccles was awesome but he held sway only during FDR.
What you still can't seem to grasp is that for every Eccles, there is an entire oligarchy worth of banksters - just as the original economist reformers: JS Mill, Ricardo, Malthus, Marx, Veblen etc were countered by several generations of hordes of endowed chairs of economists such as Simon Patton - the first economics professor at Wharton, or Milton Friedman, or Krugman, or the libertarian offshoots von Mises and Hayek.
The former were people looking at economic flows both to try and understand them, but also to prescribe better flows which benefited society.
The latter are shills - knowingly or unknowingly - who carry out intellectual justification for the battle against progressivism.
It took 40 years - but Glass Steagall was eventually officially repealed. Not only was it repealed, it was predicted to be repealed in the most blatant way possible: Citibank's multibillion dollar merger with Traveller's insurance - a blatantly illegal act under Glass Steagall but which Robert Rubin predicted would be made legal. He was not only right, he became a Treasury Secretary.

So it is true - the CFR and what not aren't completely useless.

What they are good for is understand what the American oligarchy believes it can do (always positioned as should do).

The problem is - while these beliefs are moderately accurate when describing purely internal American machine politics - they're utterly worthless when it comes to anything which requires non-American acquiescence.

JFK didn't accomplish diddly - nor would he have should he not have been assassinated.
Eccles' accomplishments were reversed - some within a generation of his era, the last only recently - but they were still reversed. This is "democracy" in action.

So yet again: the problem of the USD falling out of reserve status - whether for general trade, hedge against foreigner's own currency, petrodollar, central bank reserves, etc - it is a problem outside of the US' control with the exception of ceasing idiotic policies.

But of course, the idiotic policies have been ongoing for my entire lifetime - why again will they stop?

Posted by: c1ue | Jul 16 2021 15:53 utc | 89

Behind the Vaccine Veil: Doctor cites ‘whistleblowers’ inside CDC who claim injections have already killed 50,000 Americans

I highly recommend the video linked in the article, especially the first 10 minutes or so. It is highly revealing.

Here is a direct link to the video. It is possible that link is a dynamic link which won't work on its own but in any case you can access it from the above web page.

Dr Peter McCullough is a professor of medicine and one of the most published and most cited researchers on Covid-19, so he is not someone who can be dismissed out of hand.

Posted by: BM | Jul 16 2021 15:53 utc | 90

@arby #61
You are entirely correct.
But the reality is that Reagan was so successful not because he was smart or capable, but because he was extremely charismatic.
That's one thing an actor should be good at, after all.

Posted by: c1ue | Jul 16 2021 15:55 utc | 91

@vk #88
Everyone is entitled to their own opinions, however wrong.
Perhaps you might review the definition of feudalism:

the dominant social system in medieval Europe, in which the nobility held lands from the Crown in exchange for military service, and vassals were in turn tenants of the nobles, while the peasants (villeins or serfs) were obliged to live on their lord's land and give him homage, labor, and a share of the produce, notionally in exchange for military protection.

Now replace land with credit and/or money.
Replace all the Crown/nobility whatever with various Bankster titles: Fed Reserve Chairman, head of Goldman Sachs, etc.

The new definition would be:

the dominant social system in FIRE (Finance, Insurance and Real Estate) America, in which the banksters held control over money and credit from the Federal Reserve in exchange for post-government largesse, and all other Americans are in turn tenants of the banksters and obliged to live on their lord's money and credit and to give the banksters homage, labor, and a share of the produce, notionally in exchange for financial stability.

Posted by: c1ue | Jul 16 2021 16:01 utc | 92

@Roger #55
This is probably a waste of time, but still:

1) The climate is changing - agreed and true.
2) Is the change unprecedented? It has been warmer both in the last 100 years (1930s) and in human history (Roman, Medieval warm periods).
3) Is the change entirely human-caused, when we have so much evidence of warmer periods before the massive fossil fuel usage of the past 1.5 generations
4) Even assuming all the warming is human-caused and due to fossil fuels, the so-called climate science mainstream today has these multiple problems:
a) Climate models: The nice graphs you see for a given model always exist because said latest generation model is "updated" to reflect reality (i.e. backtuned); the models, when actually predicting, were totally wrong. These models have been 100% wrong for literally 25 years. They have uniformly, consistently predicted far higher temperatures than have actually occurred.
b) Even if we use the existing models to predict the future, assuming somehow that they will suddenly become accurate, the impact of a total cessation of all fossil fuel usage in the US and Europe would impact future temperatures by around 0.1 degrees. Given that 2.5 degrees or 4 degrees or whatever nonsense is supposed to be climate doom - why again does it matter?

Posted by: c1ue | Jul 16 2021 16:09 utc | 93

@Lurk #79
I mostly agree with your take on academic research - particularly anything from the last 20-30 years.
However, the biological provenance of oil and natural gas doesn't just arise from the source theory (i.e. high plant matter accumulation in the high CO2 eras of the past) - it also is supported by the success oil and natural gas drillers have had by searching for specific age and rock type formations from specific eras.
Here is an example of how they do it oil exploration proposal/overview

Note the specific and repetitive references to Ordovician and Devonian rocks - even if you can ignore the "derived" nature of hydrocarbons found.

This isn't an outlier. The first US oil fields in Pennsylvania were in a Devonian rock formation.

Again - I am not a geologist nor am I an expert in oil exploration - but this theme has been ongoing for a long, long time.

Nor is this just an US phenomenon: Paleozoic petroleum systems of Saudi Arabia

Lastly: Overview on petroleum formation by an expert oil geologist

Posted by: c1ue | Jul 16 2021 16:21 utc | 94

Fair enough.

Yes, the rise of the money economy was not in the interests of the feudal lords or their peasants, although some did make the transition. But the Kings liked it. It opened up new possibilities for them.

Feudal relations are still very popular though, nothing like having minions, for some, our CEOs are the new feudal lords here. I had some minions for a while doing software engineering, it was interesting and I did well, but I didn't like it.

I think there is something like that in human nature, we are very social animals. And Mr. Cleary details how those old feudal trinkets and honors still carry weight in certain classes.

Best Regards.

Posted by: c1ue | Jul 16 2021 15:38 utc | 85

Posted by: Bemildred | Jul 16 2021 16:26 utc | 95

@Down South #74
I don't have a firm opinion either way.
What I would note is that - whatever the origins - most of West Russia and much of Eastern Europe is considered high oil potential by the "American biotic oil" theory - see last link above.
Thus it is utterly pointless arguing whether the origin is A or B using Russian oil production in West Russia or Eastern Europe as an example.

Posted by: c1ue | Jul 16 2021 16:32 utc | 96

@c1ue | Jul 16 2021 16:09 utc | 93

Thanks, nice compact summary!

Posted by: Norwegian | Jul 16 2021 16:35 utc | 97

@Stonebird #86
Take a look at the latter half of the slides in the last link in #94 (overview on petroleum exploration by an expert oil geologist).

You'll note that he states a very specific set of conditions which led to the biomass deposits which in turn form the primary source of biotic oil (in his view, of course).

So it isn't the worldwide creation of an even layer of biomass - it was a very specific set of conditions in specific sections of the world which:

1) Led to the accumulation of biomass: plants for peat/coal, algae for oil, both for natural gas.
2) Created the geological formations to trap formed oil/natural gas
3) Geological subsidence/subduction - the sinking of material into greater depths, whatever the specific geologic definition is.
4) Once sunk, pressure and temperature do their thing

He also notes that these conditions don't exist today and may not have existed historically outside of the specific period in question; and even in that period, the conditions for formation of future oil/gas were limited to specific regions.

Lastly, there is a map of where the above theory (and practice) states that oil and natural gas can be found.

Again, I don't have a dog in this hunt but our modern fossil fueled existence owes itself significantly to the successful application of the above theory.

Posted by: c1ue | Jul 16 2021 16:41 utc | 98

Yet another example of MSM nonsense:
I had stated, repeatedly, since June 2020 that secondary causes of death (i.e. non-COVID) were spiking. The usual MSM crap said, no - the usual defenders of the limousine liberals also said so.
It seems the data is showing otherwise:
Opioid deaths up in 2020

EMS overdose death data jibed well with those from the CDC (r, 0.98), which showed a spike in overdose deaths from May 2019 through May 2020, at 81,684. When the COVID-19 pandemic and its attendant social isolation and instability took hold, the United States was already several decades into an accelerating overdose crisis fueled by the more easily smuggled opioid fentanyl, with a 2019 total of more than 70,000 overdoses.

If the historical link between EMS observed and total deaths holds true, the authors said, the CDC could eventually report roughly 90,632 overdose deaths for all of 2020.

It will take more time for the full data picture to come into focus, but it seems highly likely that there was a major increase in overdose deaths during COVID and its attendant lockdowns and other restrictions.

Posted by: c1ue | Jul 16 2021 16:48 utc | 99

@ c1ue (#89),

It is taking a long time for you to come to comprehend reality and my assessments, but you’re getting there. I clearly stated in (#49), “Remember, we have Americans that are smart but MARGINALIZED by the lackeys of the Financial Empire.” It is the same thing as you state in your condescending way, “What you still can't seem to grasp is that for every Eccles, there is an entire oligarchy worth of banksters.” I have grasped that reality and demonstrate it everywhere. Cheers...

The day the amount of the U$ dollars outside the U$A was more than the gold holdings, should have triggered the alarm. It did in 1960s and preventive mechanism were activated. However, the external forces were stronger than the internal forces, the latter slowed by hubris and administrative capture.

The core problem of our administrations is not idiotic policies, but hubris, groupthink and EVIL policies. Any administration that enslaves its own populace is evil and gone to the dark side. Our challenge is not idiocy but HUBRIS and lack of INTEGRITY.

Posted by: Max | Jul 16 2021 16:54 utc | 100

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