Today’s News 26th September 2017

  • A Failing Empire, Part 1: Russia & China's Military Strategy To Contain The US

    Authored by Federico Pieraccini via The Strategic Culture Foundation,

    Looking at the global political landscape over the last month, two trends are becoming more apparent.

    1. The infamous military and economic power at America’s disposal is declining,
    2. whereas in the multipolar field, an acceleration has occurred in the creation of a series of infrastructures, mechanisms and procedures to contain and limit the negative effects of America’s declining unipolar moment.

    This series of three articles will focus firstly on the military aspect of these ongoing changes, then the economics at play, and finally, how and why smaller countries are transitioning from the unipolar camp to the multipolar field.

    One of the most tangible consequences of the decline of US military power can be observed in the Syrian conflict. Over the past few weeks, the Syrian Arab Army (SAA) and its allies have completed the historic and strategic liberation of Deir ez-Zor, a city besieged for more than five years by Islamists belonging to Al Qaeda and Daesh. The focus has now shifted to the oilfields south of the liberated city, with a frantic rush by both the US-supported Syrian Democratic Forces (SDF) and the SAA to free territories still held by Daesh. The final goal is to claim Syria's resources and strengthen a weak US position (the US is not even part of the Astana peace talks) in future negotiations concerning the country's future. To understand how much the US dream of partitioning Syria is failing, one only need note repeated US failures as seen in the liberation of Aleppo and then Deir Ez-Zor, and now the crossing of the Euphrates river. In spite of American intimidation, threats, and sometimes even direct aggression, the Syrian army continued to work against Daesh in the province of Deir Ez-Zor, advancing on oil rich sites. Thanks to the protection given by the Russian Federation Air Force during the conflict, Damascus has obtained a protective umbrella necessary to withstand attempts by the US of balkanize the country.

    Further confirmation of Washington’s failed strategy to divide the country a la Yugoslavia appears evident from the strategic realignment of the most loyal allies of Washington in the region and beyond. In the course of the last few weeks, several meetings have taken place in Astana and Moscow between the likes of Putin and Lavrov with their TurkishSaudi, and Israeli counterparts. These meetings outlined the guidelines for Syria’s future thanks to Moscow’s red lines, especially regarding Israel’s desire to pursue regime change in Syria and an aggressive attitude towards Iran. Even the most loyal allies of the United States are beginning to plan a future in Syria with Assad as president. US allies have started showing a pragmatic shift towards a reconciliation with the factions that are clearly winning the war and are going to call the shots in the future. The long-held dreams and desires of sheikhs (Saudi-Qatar) and sultans (Erdogan) to reshape Syria and the Middle East in their image are over, and they know it. Washington's allies have been let down, with the US incapable of keeping its promises of fulfilling a regime change in Damascus. The consequences for the US have just begun. Without a military posture capable of bending adversaries and friends to her will, the US will have to start dealing with a new reality that involves compromise and negotiation, something the US is not accustomed to.

    An example of what can happen if Washington decides to go against a former friend can be seen with the Gulf Crisis involving Qatar. Since the beginning of the aggression against Syria, the small emirate has been at the center of plots and schemes aimed at arming and financing jihadists in the Middle East and Syria. Five years later, after billions of dollars spent and nothing to hold onto in Syria, the Gulf Cooperation Council, as expected, has plunged into a fratricidal struggle between Qatar and other countries like Saudi Arabia, Kuwait, UAE and Egypt. The latter accuse Doha of funding terrorism, an undeniable truth. But they omit to acknowledge their own ties to the jihadists (Egypt in this framework is excluded, fighting continually with terrorists inspired by the Muslim Brotherhood in the Sinai), showing a hypocrisy that only the mainstream media can rival.

    The consequences of Riyad’s actions against Doha, backed up by a large part of the American establishment, seems, almost six months later, to have finally pushed Qatar and Iran together, reopening diplomatic ties. These are two countries that have for years been on opposite sides of many conflicts in the Middle East, reflecting contrasts and divisions dictated by the respective positions of Tehran and Riyadh. This seems to be no more, with Doha and Tehran coming closer and circumnavigating sanctions and blockades, overcoming common difficulties. This shift can only be described as a strategic failure by Riyadh.

    Looking back six years, one of the reasons for the eruption of the conflict in Syria has everything to do with the famous pipeline that Iran intended to build connecting Iraq and Syria. Incredibly, the end of the conflict will see a new transport line emerging between countries that for years have had opposing and diverging strategic goals. Iran and Qatar are currently engaging in trade agreements, and rumors have it that a joint effort to build a new pipeline that should cross Iraq and Syria, to end in the Mediterranean, is in the making. The idea is to jointly exploit the world's largest gas field, and in so doing become a new supplier for a Europe that is looking to diversify its energy imports. Riyadh and Washington will have to take full responsibility for this failure of epic proportions.

    A clear sign of how fast things are changing in the region and beyond comes from Israel. Even the Jewish State has had to abandon any dream of territorial expansion into Syria, despite several attempts by Netanyahu to persuade Putin of the existential danger that Israel faces with Iran’s presence in Syria. A smart and pragmatic Putin is able to let Israel know that any request to impose conditions on Russian or its allies in Syria will be firmly refused. But at the same time, Moscow and Tel Aviv will continue to pursue good relations with each other. Russian political figures are far to smart to play double games with their long-standing allies in Syria or to underestimate the capacity that Israel has to disrupt the region and plunge it into chaos. Furthermore, Assad has invited Russia into Syria as well as Iran and Hezbollah. Even if Putin were willing to help Netanyahu, which is doubtful, international law prohibits this. If anything is clear, it is that Moscow respects international law as few nations do. All other foreign nations operating in Syria, or flying over Syrian skies, have no right to be there in the first place, let alone to impose decisions over a sovereign territory.

    If Tel Aviv’s goal was to expand the illegal border in the Golan Heights and proceed with regime change, the situation has ended up totally different six years later. Iran has expanded its influence in Syria thanks to aid provided to Damascus in combating terrorism. Hezbollah has increased its battle experience and arsenal, as well as expanded its network of contacts and sympathizers throughout the Middle East. Hezbollah and Iran are seen as Middle Eastern peacemakers, playing positive roles in fighting the plague of jihadist terrorism as well as against Israel and Saudi Arabia, states that have tried in every way to assist terrorist organizations with weapons and money. Washington, Riyadh and Tel Aviv six years later find themselves in a totally different environment, with hostile neighbours, less collaborative friends, and in general, a Middle East increasingly orbiting around the Iranian and Russian spheres of influence.

    Another indicator of American decline in military terms can be clearly seen on the Korean peninsula. The DPRK has obtained a full nuclear capability through a development program that has paid scant attention to American, South Korean and Japanese threats. The imperative for Pyongyang was to create a nuclear deterrent capable of dissuading the desire of many US policymakers enact regime change in North Korea. The strategic importance of a regime change in the DPRK follows the strategy of containment and encirclement of the People's Republic of China, a failed doctrine well known as the Asian pivot.

    Beside its nuclear deterrent, the US is unable to attack the DPRK because of the conventional deterrent that Pyongyang has patiently put in place. Trump and his generals continue the rhetoric of fire and flames, dragging Seoul and Tokyo into a dangerous game of chicken between two nuclear powers. Not surprisingly, Trump’s words worry everyone in the region, especially the Republic of South Korea, which would pay the heaviest price were war ever to break out. In light of this assessment, it is worth pointing out that the military option is simply unthinkable, with Seoul and perhaps even Tokyo ready to break with its American ally in case of disastrous unilateral action against Pyongyang.

    Kim Jong-un, as well as Assad and other world leaders facing pressure from Washington, have fully understood and taken advantage of America’s declining military power. Trump and his close circle of generals are full of empty threats, unable to change the course of events in different regions around the world, from the Middle East to the Korean peninsula. Whether it is through direct action or through proxies, little changes and the results remain the same, showing a continuous failure of goals and intents.

    The underlying rule guiding US policy makers is that if a country cannot be controlled, such as with a Saudi-style regime serving only American interests through something like the petrodollar, than that country is useless and ought to be destroyed in order to stop other peer competitors from expanding their ties with that country. The Libyan example is still fresh in everyone's minds. Luckily for the world, Russia has stepped in militarily, and on more than one occasion has, together with her allies, sabotaged or deterred the US military from taking reckless actions (Ukraine, Syria and DPRK).

    In this sense, Hillary Clinton's defeat, more than Trump's victory, seems to have instilled some sense into this declining empire, if one ignores the persisting strong rhetoric. One can only shudder on imagining a Clinton presidency in the current environment, with her predictably careening at full speed towards a conflict with Russia in Ukraine and Syria or a nuclear standoff with the DPRK in Asia.

    Trump and his generals are slowly adapting to a new reality where it is not only impossible to control countries, but where it is increasingly difficult to destroy them. The old doctrine of wreaking chaos on the world, with a view to emerging once the dust settles down as the world's hegemonic power, now seems like a distant memory. Just looking at the Middle East, even Syria, in spite of the unprecedented destruction, is on the road to reconstruction and pacification.

    Russian military power and Chinese economic might have thus played an invaluable role in restricting the US war machine. The DPRK even took a further step by attaining a formidable nuclear and conventional deterrent, effectively blocking the United States from influencing domestic events by bringing about destruction and chaos.

    While this reality is difficult for Washington to take, it must come to accept it. After almost seventy years of imperialistic chaos and destruction wrought all over the globe, America’s friends and enemies are starting to react to this situation. Washington is left with a president full of sound and fury, but a credible militarily posture is now but a thing of the past.

    The financial mechanisms that have allowed for this indiscriminate military spending are based on an intrinsic bond between dollar, oil, and the role of American money as the world reserve currency. The transition of the world order from a unipolar reality to a multipolar one is deeply tied to the economic and diplomatic strategies of Russia and China.

    The next article will explore the role of gold, investment, diplomacy and the petroyuan, which are all decisive factors that have accelerated the transformation and division of power on a global scale.

  • Patriots And Protesters Should Take A Knee For The Constitution

    Authored by John Whitehead via The Rutherford Institute,

    By all means, let’s talk about patriotism and President Trump’s call for “respect for our Country, Flag and National Anthem.”

    At a time when the American flag adorns everything from men’s boxers and women’s bikinis to beer koozies, bandannas and advertising billboards (with little outcry from the American public), and the National Anthem is sung by Pepper the Parrot during the Puppy Bowl, this conveniently timed outrage over disrespect for the country’s patriotic symbols rings somewhat hollow, detracts from more serious conversations that should be taking place about critical policy matters of state, and further divides the nation and ensures that “we the people” will not present a unified front to oppose the police state.

    First off, let’s tackle this issue of respect or lack thereof for patriotic symbols.

    As the U.S. Supreme Court has made clear, Americans have a right to abstain from patriotic demonstrations and/or actively protest that demonstration, for example, by raising one’s fist during the Pledge of Allegiance. Likewise, Americans have a First Amendment right to display, alter or destroy the U.S. flag as acts of symbolic protest speech.

    In fact, in Street v. New York (1969), the Supreme Court held that the government may not punish a person for uttering words critical of the flag. The case arose after Sidney Street, hearing about the attempted murder of civil rights leader James Meredith in Mississippi, burned a 48-star American flag on a New York City street corner to protest what he saw as the government’s failure to protect Meredith. Upon being questioned about the flag, Street responded, “Yes; that is my flag; I burned it. If they let that happen to Meredith, we don’t need an American flag.”

    In Spence v. Washington (1974), the Court ruled that the right to display the American flag with any mark or design upon it is a protected act of expression. The case involved a college student who had placed a peace symbol on a three by five foot American flag using removable black tape and displayed it upside down from his apartment window.

    Finally, in Texas v. Johnson (1989), the Court held that flag burning was protected speech under the First Amendment.  The case arose from a demonstration near the site of the Republican National Convention in Dallas during which protesters marched through the streets, chanted political slogans, staged “die-ins” in front of several corporate offices to dramatize the consequences of nuclear war, and burned the flag as a means of political protest.

    In other words, if freedom means anything, it means that those exercising their right to protest are showing the greatest respect for the principles on which this nation was founded: the right to free speech and the right to dissent. Clearly, the First Amendment to the Constitution assures Americans of the right to speak freely, assemble freely and protest (petition the government for a redress of grievances).

    Whether those First Amendment activities take place in a courtroom or a classroom, on a football field or in front of the U.S. Supreme Court is not the issue: what matters is that Americans have a right—according to the spirit, if not always the letter, of the law—to voice their concerns without being penalized for it.

    Second, let’s not confuse patriotism (love for or devotion to one’s country) with blind obedience to the government’s dictates. That is the first step towards creating an authoritarian regime.

    One can be patriotic and love one’s country while at the same time disagreeing with the government or protesting government misconduct. Indeed, real patriots care enough to take a stand, speak out, protest and challenge the government whenever it steps out of line.

    It’s not anti-American to be anti-war or anti-police misconduct or anti-racial discrimination, but it is anti-American to be anti-freedom.

    America requires more than voters inclined to pay lip service to a false sense of patriotism. It requires doers—a well-informed and very active group of doers—if we are to have any chance of holding the government accountable and maintaining our freedoms.

    After all, it was not idle rhetoric that prompted the Framers of the Constitution to begin with the words “We the people.”

    This ultimate responsibility for maintaining our freedoms rests with the people.

    Third, we need to stop acting as if showing “respect” for the country, flag and national anthem is more important than the freedoms they represent.

    Listen: I served in the Army. I lived through the Civil Rights era. I came of age during the Sixties, when activists took to the streets to protest war and economic and racial injustice. As a constitutional lawyer, I defend people daily whose civil liberties are being violated, including high school students prohibited from wearing American flag t-shirts to school, allegedly out of a fear that it might be disruptive.

    I understand the price that must be paid for freedom. None of the people I served with or marched with or represented put our lives or our liberties on the line for a piece of star-spangled cloth or a few bars of music: we took our stands and made our sacrifices because we believed we were fighting to maintain our freedoms and bring about justice for all Americans.

    Love of country will sometimes entail carrying a picket sign or going to jail or taking a knee, if necessary, to preserve liberty and challenge injustice. And it will mean speaking up for those with whom you might disagree. Tolerance for dissent, we must remember, is a vital characteristic of the citizens of a democratic society.

    The problems facing our generation are numerous and are becoming incredibly complex.

    As I make clear in my book Battlefield America: The War on the American People, we’re at a very crucial crossroads in American history. We have to be well-informed, not only about current events but well-versed in the basics of our rights and duties as citizens. If not, in perceived times of crisis, we may very well find ourselves in the clutches of a governmental system that is alien to everything for which America stands.

    Therein is the menace to our freedoms.

    So stop falling for the distractions. Stop allowing yourself to be fooled by propaganda and partisan politics. Stop acting as if the only thing worth getting outraged about is whether a bunch of football players stand or kneel for the National Anthem.

    Stop being armchair patriots and start acting like foot soldiers for the Constitution.

  • "Bitcoin Jesus" Is Trying To Create A Sovereign "Libertarian Utopia"

    Roger Ver – a.k.a bitcoin Jesus – and Olivier Janssens are trying to transform a long-sought after libertarian ideal into a reality. As CoinTelegraph reports, the pair has announced that they’re in the process of creating the first independent state governed by libertarian values – and they’ve invited any like-minded individuals to join them.

    The pair said Friday that they’re working with a team of lawyers to try and figure out how to legally create their own independent country. Ver is a longtime advocate of bitcoin who surrendered his US citizenship and became a citizen of St. Kitts and Nevis a few years back.

    The pair have yet to disclose the location, nor has indicated what entry standards would be required.

    The country, which would be reminiscent of Ayn Rand’s Galtian paradise, is intended to be a place where those who reject governmental controls and seek to maintain libertarian freedoms can gather and promote a truly free society.

    CoinTelegraph reports that the locations being evaluated include areas that are safe and conflict-free, but also enjoy proximity to economic centers in the US, Europe, and Asia, while also being accessible by water. The team is hoping to offer a stable government with substantial national debt a way to eliminate some of that debt with a land lease to FreeSociety. On its website, the team says they’ve started preliminary talks with governments and interest “is much higher than initially expected.”

    While Ver told CoinTelegraph that the country “isn’t an ICO”, it’s unclear how the FreeSociety team would acquire the money needed to purchase land upon which to build their sovereign nation.

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    Of course, Ver & Co. aren’t the first to attempt this. In 2008, billionaire venture capitalist Peter Thiel launched an initiative to develop a floating city, called a seastead, that would serve as a permanent, politically autonomous settlement. He invested some $1.7 million in The Seasteading Institute, and resigned from its board in 2011. Back in February, he told the New York Times’s Maureen Dowd. However, it appears the Seasteading Institute plans to soldier on without Thiel.

    According to Business Insider, the group recently met with officials in French Polynesia, an island chain located in the South Pacific, and discussed plans to develop a seastead off its coast. If things go as planned, the institute might break ground as early as 2017.

  • There Are Large Parts Of America Being Left Behind…

    Economic prosperity is concentrated in America's elite zip codes, but in an interesting report on Distressed Communities, from The Economic Innovation Group, it is increasingly clear that economic stability outside of those communities is rapidly deteriorating.

    As Axios noted, this isn't a Republican or Democratic problem. At every level of government, both parties represent distressed areas. But the economic fortunes of the haves and have-nots have only helped to widen the political chasm between them, and it has yet to be addressed by substantial policy proposals on either side of the aisle.

    Economic Prosperity Quintiles

    As MishTalk.com's Mike Shedlock writes below, the study notes:

    “America’s elite zip codes are home to a spectacular degree of growth and prosperity. However, millions of Americans are stuck in places where what little economic stability exists is quickly eroding beneath their feet.

    Distress is based on an evaluation of seven metrics.

    1. No high school diploma
    2. Housing vacancy rate
    3. Adults not working
    4. Poverty rate
    5. Median income ratio
    6. Change in employment
    7. Change in business establishments

    Change in Distress Quintiles

    Underwater vs. 2000

    Percent Living in Distressed Areas

    Performance Averages

    Population Statistics

    Key Findings

    • Over half the population in distressed communities are minorities, compared to only about a quarter of the population in prosperous ones.
    • Asians and whites are more likely to live in a prosperous zip code than any other type of community.
    • Blacks and Native Americans are more likely to live in a distressed zip code than any other type of community, while Hispanics are most likely to reside in an at risk one.
    • Blacks and Native Americans are three times more likely to live in a distressed community than a prosperous one.
    • Majority-minority zip codes are two times more likely to be distressed than the average zip code.

    Political Distribution

    • Republicans dominate at the very top of the distribution, representing nine of the 10 most prosperous congressional districts in the country. Most of these are suburban enclaves around fast-growing metropolitan areas, for example on the outskirts of Dallas, Denver, Houston, Minneapolis, Phoenix, and Washington, DC. Expanding to the entire top quintile, Republicans represent 63 percent of the country’s prosperous districts compared to Democrats’ 37 percent.
    • Conversely, six of the country’s 10 most distressed congressional districts are represented by Democrats. Eight of the 10 are located in the South, with Ohio’s 11th (Cleveland) and Arizona’s 7th (Phoenix) as the two exceptions.

    Report Conclusion

    “It is fair to wonder whether a recovery that excludes tens of millions of Americans and thousands of communities deserves to be called a recovery at all.”

     

  • Series Of Videos Reveal That ESPN's Transition To MSNBC-Lite Is Now Complete

    We should have known the moment that their Asian announcer, Robert Lee (did we mention he’s Asian), got pulled from the William and Mary vs. University of Virginia college football game last month for having the same name as a Confederate General that ESPN’s transition from sports commentary to ‘MSNBC-Lite’ was inevitable.  Now, just one month after that fateful decision, it appears that ESPN’s metamorphosis is complete.

    As the Daily Caller noted, the following series of clips from today on ESPN proves that the network has turned into a running political talk show centered around one man: President Trump.

    When asked if Sunday’s protests were primarily against Trump rather than against racial injustice, ESPN commentator and former NFL safety Louis Riddick simply responded, “Sure.”

     

    “Sure, because the players felt attacked and disrespected. The players are like, you are going there name calling because we are trying to protest against something we have a right and freedom to protest against peacefully, and you make it personal and use derogatory names and paint us all with a derogatory brush?” Riddick said.

     

    “[Trump] is what they were protesting yesterday in and of itself, and spurred on the spike [in protests]. But I think the players in general, African-Americans in general, minorities in general, still have a bigger picture in mind. There is something bigger they are after. They are after equality and fair treatment but we can’t get there because all we keep talking about is, ‘should you had stand or shouldn’t you stand,’” he complained.

     

    Meanwhile, Max Kellerman questioned whether President Trump would make it to the end of his first term in office just before launching into a tirade over Trump losing the popular vote.

     

    And here is Kellerman explaining why LeBron James has every right to call the President a bum…though we do wonder whether he would have held the same opinion if a player made the same comments about President Obama.

     

    Meanwhile, these guys managed to link the weekend’s entire controversy back to immigration reform!?!?

     

    It seems that an incredibly aggressive strain of Trump Derangement Syndrome is now spreading throughout television studios all across the country.

  • A Constitutional Anniversary To Forget

    Authored by Antonius Aquinas,

    While not a jubilee year, last week marked the 230th anniversary of the US Constitution.

    Naturally, most of its devotees enthusiastically praised the document which by now is seen on a par with Holy Writ itself.  An editorial from Investor’s Business Daily provides an example of such hagiography:

    The Constitution’s beauty is that it not only delineates our rights as Americans, but expressly limits and defines government’s ability to interfere in our private lives.   This equipoise between citizens’ duties, responsibilities and rights makes it the defining document or our nation’s glorious freedom.

     

    But America is wonderful largely because of the Constitution and those who framed it . . . . What we have is too precious to squander . . . .

    Most of the piece laments about the widespread ignorance of its sacred contents among the denizens in which it rules over and encourages the unlearned “to bone up a bit on your constitutional heritage . . . .” 

    The editorial fails, as do most others on the Right, to understand that it is not a lack of knowledge of the Constitution’s contents among the populace which lies at the heart of America’s social, economic, and political problems, but the very document itself.

    One of the main reasons why the Constitution continues to be so widely venerated is due to the deliberate distortion of history that its “founders” promoted and that generations of its sycophants have continued to perpetuate to this very day. 

    The official narrative runs that the Constitution was enacted because of widespread popular support for a change to the supposed inadequacies and deficiencies of the Articles of Confederation.

    This is a myth.

    Instead, the Constitution was a coup deliberately schemed by the leading political and mercantile classes to set up a powerful central government where ultimate authority rested in the national state. 

    The use of the term “federal” to describe what was created in Philadelphia in those fateful days was a ruse much like the banksters and politicos used “Federal Reserve” to describe the central bank created in 1913.  It was neither “federal” – a decentralized monetary order – nor a “reserve” of gold, but a monetary institution which could create money out of thin air and eventually eliminate the gold standard.

    It was a similar political maneuver 230 years ago as a new American national state was established and touted as a decentralized form of government where power was evenly divided between state and national levels and between the different branches of the government itself  – “separation of powers.”  In actuality, however, the “federal system” was the elevation of central power at the expense of local authority which had previously existed.  Section VI of the Constitution says it all:

    The Constitution and the laws of the United States  . . . shall be the supreme law of the land; and the judges in every state shall be bound thereby, anything in the Constitution or laws of any state to the contrary notwithstanding.

    Elementary political science has shown and plain common sense knows that any person or institution given “supreme authority” will misuse and abuse such power.  Power tends to corrupt and absolute power corrupts absolutely is an undeniable dictum of human nature.  A truly decentralized system of governance would not contain a plank as “supreme law of the land” as part of its foundation.  Instead, real federalism would be dispersed, as it existed in the past in such political arrangements as confederacies, leagues, and, certainly, under the much maligned feudal social order.

    Even the Constitution’s celebrated Bill of Rights is flawed and has proven to be ineffective in protecting basic human freedoms.  It is the federal government which enumerates and interprets what freedom individuals should possess.  Thus, the meaning and extent of individual liberties will be in the hands of federal jurists and courts who will invariably rule on cases in favor of the state.  The ensnaring of individual rights within the central government’s authority did away with the venerable common law which was a far greater defender of liberty than federal courts.

    Just as important, the enactment of the Constitution, which brought all the individual states under it suzerainty, did away with one of the most significant checks on state power – “voting with one’s feet.”  When there are multiple governing authorities, if one jurisdiction becomes too oppressive, its subjects can move to freer domains.  This still happens on a local level as high tax and regulatory states such as California and New York have lost demographically to freer places like Nevada and Texas.  Yet, from the Federal Leviathan there is no escape, except expatriation.

    Unless and until Americans and all the other peoples of the Western world who live under constitutional rule recognize that it is the type of government which is the cause of most of the political turmoil, social unrest, and economic malaise  which they face, there is no hope of turning things around.

  • Crowd Boos As Entire Cowboys Team, Owner, & G.M. 'Take A Knee' In Arizona

    In an apparent demonstration of unity, the entire Dallas Cowboys team, Cowboys owner and general manager Jerry Jones, as well as executive vice presidents Stephen Jones, Charlotte Anderson and Jerry Jones Jr., all decided to 'take a knee', notably before the national anthem was sung.

    Boos were heard from the crowd in Arizona which reportedly included a large number of Dallas fans…

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    "…as they take a knee collectively, boos can be heard from this sell-out crowd in Arizona…"

    As ESPN reports, Jerry Jones and his daughter, Charlotte Jones Anderson, said their players wanted to take a knee as a statement for equality and unity, but also wanted to separate that message from the national anthem.

    A little less than an hour before kickoff, Jerry Jones said he respected the players "individually and collectively," but he did not want to get into the political element of the debate.

    "We want them to do what's in the best interest of the Dallas Cowboys," Jones said.

     

    "That's where the obligation is and again I don't want to get into this area of debate but I do want to emphasize how important it is to me that we respect the sanctity of the flag."

    Jones was one of seven NFL owners to donate to Trump's inauguration.

  • Gold/King Dollar ratio breaking short-term support

    Gold has been weaker than King Dollar the majority of the time since 2011 highs. Gold has been stronger than King Dollar since Christmas of last year. Which trend is going to be the key trend over the next few months?

    Below looks at the Gold/US Dollar ratio over the past seven years and highlights that an important price pattern is taking place-

    CLICK ON CHART TO ENLARGE

    The Gold/US$ ratio has remained inside of the blue shaded channel for the past three years. The rally since last Christmas has the ratio testing the top of this channel and three other resistance lines came into play at (1). Since hitting the top of the channel and triple resistance, the ratio has turned lower (Dollar stronger than Gold) and broken below steep rising support at (2).

    Gold bulls would get caution/concerning message should further weakness at (2).

    Gold bulls want/need the ratio to breakout above quad resistance at (1), to send a quality bullish message.

     

     

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  • Massive Hack At Deloitte: Entire Internal Email System Compromised, Client Emails Exposed

    Another day, another major hacking.

    The Guardian reports that in the latest corporate cyber breach, one of the world’s “big four” accounting and consultancy firms, Deloitte, was been targeted by a sophisticated hack that “compromised the confidential emails and plans of some of its blue-chip clients.” And just like Equifax, New York-headquartered Deloitte was similarly the victim of a cybersecurity attack that went unnoticed for months. The Guardian understands Deloitte discovered the hack in March this year, but it is believed the attackers may have had access to its systems since October or November 2016.

    Responding to questions from the Guardian, Deloitte confirmed it had been the victim of a hack but insisted only a small number of its clients had been “impacted”. It would not be drawn on how many of its clients had data made potentially vulnerable by the breach. Alas, the company has yet to provide a full disclosure of just who and which clients were violated: an estimated 5 million emails were in the hacked email cloud and could have been been accessed by the hackers. Deloitte said the number of emails that were at risk was a fraction of this number but declined to elaborate.

    While unlike Equifax Deloite is not a public public company and is not accountable to countless shareholders, with $37 billion in revenue last year and over 263,000 worldwide employees, Deloitte is a corporate behemoth which provides auditing, tax consultancy and – like Equifax – high-end cybersecurity advice to some of the world’s biggest banks, multinational companies, media enterprises, pharmaceutical firms and government agencies.  Here the Guardian reports that Deloitte clients “across all of these sectors had material in the company email system that was breached. The companies include household names as well as US government departments.

    So far, six of Deloitte’s clients have been told their information was “impacted” by the hack. Deloitte’s internal review into the incident is ongoing.

     

    The hacker compromised the firm’s global email server through an “administrator’s account” that, in theory, gave them privileged, unrestricted “access to all areas”.

    Embarrassingly, the administrator level hack required only a single password and did not have “two-step“ verification, much like Deloitte and other companies strongly urge everyone to do.

    As the Krebs on Security blog separately notes, “according to a source close to the investigation, the breach dates back to at least the fall of 2016, and involves the compromise of all administrator accounts at the company as well as Deloitte’s entire internal email system

    The source told KrebsOnSecurity they were coming forward with information about the breach because, “I think it’s unfortunate how we have handled this and swept it under the rug. It wasn’t a small amount of emails like reported. They accessed the entire email database and all admin accounts. But we never notified our advisory clients or our cyber intel clients.

     

    This same source said forensic investigators identified several gigabytes of data being exfiltrated to a server in the United Kingdom. The source further said the hackers had free reign in the network for “a long time” and that the company still does not know exactly how much total data was taken.

    Penetrating the unknown number of emails involved breaching the Microsoft cloud used the by the company. Emails to and from Deloitte’s 244,000 staff were stored in the Azure cloud service, which was provided by Microsoft. This is Microsoft’s equivalent to Amazon Web Service and Google’s Cloud Platform.

    In addition to emails, the Guardian adds the hackers had “potential access to usernames, passwords, IP addresses, architectural diagrams for businesses and health information. Some emails had attachments with sensitive security and design details.”

    Until today’s report, the hack had been disclosed to the public: the breach, which was US-focused, was regarded as so sensitive that only a handful of Deloitte’s most senior partners and lawyers were informed.

    The team investigating the hack is understood to have been working out of the firm’s offices in Rosslyn, Virginia, where analysts have been reviewing potentially compromised documents for six months.

     

    It has yet to establish whether a lone wolf, business rivals or state-sponsored hackers were responsible.

    Translation: while Putin wasn’t accused of hacking Equifax, he may yet get the blame this time.

    Making this breach even more complicated, it is still unknown what information the hackers acquired: Guardian sources said if the hackers had been unable to cover their tracks, it should be possible to see where they went and what they compromised by regenerating their queries. This kind of reverse-engineering is not foolproof, however.

    “In response to a cyber incident, Deloitte implemented its comprehensive security protocol and began an intensive and thorough review including mobilising a team of cybersecurity and confidentiality experts inside and outside of Deloitte,” a spokesman said. “As part of the review, Deloitte has been in contact with the very few clients impacted and notified governmental authorities and regulators.

     

    “The review has enabled us to understand what information was at risk and what the hacker actually did, and demonstrated that no disruption has occurred to client businesses, to Deloitte’s ability to continue to serve clients, or to consumers. We remain deeply committed to ensuring that our cybersecurity defences are best in class, to investing heavily in protecting confidential information and to continually reviewing and enhancing cybersecurity. We will continue to evaluate this matter and take additional steps as required.”

     

    “Our review enabled us to determine what the hacker did and what information was at risk as a result. That amount is a very small fraction of the amount that has been suggested.”

    Deloitte declined to say which government authorities and regulators it had informed, or when, or whether it had contacted law enforcement agencies.

    Of course, as noted above, the breach is a deep embarrassment for Deloitte, which offers clients advice on how to manage the risks posed by sophisticated cybersecurity attacks. If only the company had followed its own advice.  Even more awkward, in 2012 Deloitte was ranked the best cybersecurity consultant in the world and has a “CyberIntelligence Centre” to provide clients with “round-the-clock business focussed operational security.” It is unclear if that unit was also hacked.

    While we await an official statement from Deloitte, what comes next is lots of lawsuits and even more settlements. According to the Guardian, on 27 April Deloitte hired US law firm Hogan Lovells on “special assignment” to review what it called “a possible cybersecurity incident”. The Washington-based firm has been retained to provide “legal advice and assistance to Deloitte LLP, the Deloitte Central Entities and other Deloitte Entities” about the potential fallout from the hack.

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