Today’s News 29th July 2022

  • Johnstone: The Phoniest, Most PR-Intensive War Of All Time
    Johnstone: The Phoniest, Most PR-Intensive War Of All Time

    Authored by Caitlin Johnstone via Medium.com,

    The president and first lady of Ukraine have posed for a romantic photoshoot with Vogue magazine, wherein President Volodymyr Zelensky waxes poetical about his love for his darling wife.

    Now, I know what you’re thinking: how is Zelensky making time for a Vogue photoshoot amidst his busy schedule of PR appearances for other major western institutions?

    I mean this is after all the same Volodymyr Zelensky who has been so busy making video appearances for the Grammy Awards, the Cannes Film Festival, the World Economic Forum and probably the Bilderberg group as well, and having meetings with celebrities like Ben StillerSean Penn, and Bono and the Edge from U2. It’s as busy a PR tour as he could possibly have without having a discussion about the strategic importance of long-range artillery with Elmo on Sesame Street.

    Oh yeah, and also isn’t there like a war or something happening in Ukraine? You’d think he’d probably be somewhat busy with that too.

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    Call me crazy, but I’m beginning to suspect that there might be a concerted effort to manipulate the way we think about the war in Ukraine. In fact, I’d even go so far as to say it’s the most aggressively perception-managed war we’ve ever experienced.

    Since Russia invaded Ukraine in February we have not only been smashed with mass media propaganda unlike anything we’ve ever seen while Russian media are purged from the airwaves, we’re also seeing the new media element of unprecedented amounts of online censorship, algorithm-boosted propaganda, and social media trolling.

    So we’ve literally never seen this much overall effort put into manipulating the way the public thinks about a war. Which makes sense, given that it’s a profoundly dangerous proxy war which stands to benefit ordinary people in no way, shape or form.

    I mean, can you imagine if people were allowed to just think their own thoughts about their government’s economic warfare against Russia which is hurting them financially and pushing millions toward starvation with the full awareness and approval of the US government? Or if Americans were allowed to wonder if the billions they are pouring into this proxy conflict could be better spent at home? Or if people started objecting to a needless conflict for geostrategic domination threatening their lives and the lives of everyone they know with the risk of nuclear annihilation?

    Can’t have that.

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    There is a night-and-day difference between wanting to tell people the truth about something and wanting to manipulate their perception of something. There are times when true facts can be used to influence people’s perception one way or the other, but if your agenda is to manipulate perception rather than tell the truth you will necessarily be forced to rely on lies, half-truths, distortion, and lies by omission wherever the truth doesn’t serve that agenda.

    If they were telling us the truth about this war, they wouldn’t be censoring Russian media. They wouldn’t be censoring online voices who disagree with the official narratives about Ukraine. They wouldn’t be continually blasting us in the face with mass media perception management, and they sure as hell wouldn’t be putting Ukraine’s celebrity-in-chief on the cover of Vogue magazine.

    We are being manipulated, and we are being deceived. And we are being manipulated and deceived because our perceiving clearly on our own would go against the interests of the empire. They are lying to us because the interests of the people and the interests of the empire are, as usual, squarely at odds.

    *  *  *

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    Tyler Durden
    Fri, 07/29/2022 – 02:00

  • Has The Lab Leak Theory Really Been Disproved?
    Has The Lab Leak Theory Really Been Disproved?

    Authored by Matt Ridley via The Spectator (emphasis ours),

    The BBC carried a story this week with the headline ‘Covid origin studies say evidence points to Wuhan market’. Bizarrely the paper in Science they are referring to, by Michael Worobey and colleagues, says no such thing. It says: ‘the observation that the preponderance of early cases were linked to the Huanan market does not establish that the pandemic originated there’.

    All three of the scientists quoted in the BBC story have been highly dismissive about even discussing the possibility that the pandemic began as an accident in a Wuhan laboratory. Their vested interest is clear: they worry that the reputation of their field of virology would be threatened by such a discussion. But the many scientists who say such a debate is needed are largely ignored by the BBC: none are quoted in this week’s article.

    The Beeb’s story says that ‘this evidence paints a picture that Sars-CoV-2 was present in live mammals that were sold at Huanan market in late 2019’. This too is wrong. Nobody has found any evidence of Sars-CoV-2 in live mammals at the market. They have found some evidence – they cite only a YouTube video – that mammals were on sale in the market, which we already knew, but not that the mammals were infected. That would be the very minimum requirement for asserting that the pandemic began in the market. In 2003 scientists refused to assert that Sars began in markets till they found infected animals.

    The new paper shows that lots of early cases had visited the Huanan seafood market or lived near it, which we already knew. But for the first two weeks of January 2020, the Chinese authorities were defining pneumonia cases as (what we now call) Covid only if they had visited or lived near the market: so it is a circular argument. The scientists dismiss this ‘ascertainment bias’ problem by citing one of their own papers, which simply asserted that this problem could be ignored. As Dr Alina Chan of MIT and Harvard puts it: ‘Worobey et al. are claiming that there is no ascertainment bias because their lead author said so.’

    The new Science paper has an ignominious history. It began life as a ‘preprint’ whose data and logic were torn apart within days by independent researchers. Even the Chinese Academy of Sciences panned it for ‘obfuscating the epidemic outbreak place…and the origin’ and for ‘overstating conclusions based on limited data and unrealistic simulations’. Senior Chinese scientists published a preprint the same week reiterating their conclusion that the market was a place where the early outbreak was amplified, not where it began. It’s quite something when western scientists go further than those supervised by the Chinese Communist party in trying to exonerate a possible lab leak. Yet its conclusions were reported by the Times as having ‘found patient zero’ and the New York Times as saying ‘the virus was present in animals’ at the market – both entirely false claims.

    As published, the paper is now a damp squib. Gone is all the certainty of the preprint. Where the preprint claimed ‘dispositive evidence for the emergence of Sars-CoV-2’, the paper now cites ‘insufficient evidence to define upstream events’. Where the preprint said the market was the ‘unambiguous epicentre’ of the pandemic, the published paper now admits that ‘exact circumstances remain obscure’.

    There is one very misleading sentence: ‘This region of Hubei contains extensive cave complexes housing Rhinolophus bats, which carry SARS-CoVs’. The bat colonies near Wuhan have been extensively sampled, very few SARS-like viruses were found, and none at all like SARS-CoV-2. Most serious scientists agree that this virus probably came from bats on the borders of Yunnan and Laos. The question is and always has been: how did the virus get to Wuhan from bats living more than a thousand miles to the south-west, a distance as great as London to Rome?

    One possibility is the wildlife trade, but far less wildlife is sold in Wuhan than in Guangdong in southern China, and yet the virus appeared only in Wuhan: where are the other outbreaks among wildlife traders. The other possibility is that it was scientists who brought it to Wuhan. Why do we think this still needs discussing? Here are six good reasons.

    1. Wuhan is the site of the most intensive programme of research on SARS-like viruses in the world

    2. That programme involved bringing hundreds of SARS-like viruses to Wuhan

    3. Most of them were brought by scientists from Yunnan and some from Laos

    4. Among those viruses was one that was 96.2 per cent the same as SARS-CoV-2

    5. They refuse to open up their database showing what other viruses they brought and they published the results of experiments in which they manipulated the genomes of these viruses in ways that sometimes made them much more infectious

    6. They published plans to insert into a SARS-like virus the very kind of genomic sequence that SARS-CoV-2 has and no other SARS-like virus has.

    None of this is a smoking gun, but it’s a heck of a coincidence.

    Tyler Durden
    Thu, 07/28/2022 – 23:50

  • Earth Overshoot Day Is Coming Sooner And Sooner
    Earth Overshoot Day Is Coming Sooner And Sooner

    Today (July 28) marks this year’s Earth Overshoot Day, the day that humanity’s demand for ecological resources exceeds the resources Earth can regenerate within that year.

    As Statista’s Felix Richter details below, over the decades, the ecological and carbon footprint of humans has gradually increased, all while Earth’s biocapacity, i.e. its ability to regenerate resources has diminished significantly.

    That has led to Earth Overshoot Day arriving earlier and earlier, moving from December 30 in 1970 to July 28 this year.

    Infographic: Earth Overshoot Day Is Coming Sooner and Sooner | Statista

    You will find more infographics at Statista

    Only in the pandemic year of 2020 did it move back to August 22, before moving forward to 2019’s date – July 29 – again in 2021.

    “There is no benefit in waiting to take action,” Global Footprint Network CEO Laurel Hanscom said in a statement in 2021.

    “The pandemic has demonstrated that societies can shift rapidly in the face of disaster. But being caught unprepared brought great economic and human cost. When it comes to our predictable future of climate change and resource constraints, individuals, institutions and governments who prepare themselves will fare better. Global consensus is not a prerequisite to recognizing one’s own risk exposure, so let’s take decisive action now, wherever we are,” she added.

    The concept of Earth Overshoot Day was first conceived by Andrew Simms of the UK think tank New Economics Foundation, which partnered with Global Footprint Network in 2006 to launch the first global Earth Overshoot Day campaign. WWF, the world’s largest conservation organization, has participated in Earth Overshoot Day since 2007. To find out more about the calculations behind Earth Overshoot Day, please click here.

    So whos’ worst of all?

    As Statista’s Katharina Buchholz notes, if the citizens of the world lived like those of the United States, the resources of more than five full planets would be needed to satisfy the global need for resources every year.

    Infographic: The World is Not Enough | Statista

    You will find more infographics at Statista

    Industrialized nations have the biggest share in pushing the date forward. Qatar, Luxembourg and Bahrain are actually even bigger offenders than the U.S. The lifestyle in these countries would use up between 5.2 and 9.0 Earths if the whole world lived it, but because of the small size of their populations, they actually have less of an influence on global resource depletion than bigger developed countries like the U.S.

    Other major industrialized nations in Europe and Asia would use between 2.6 and four Earths if their lifestyle was universal. Chinese living standards meant 2.4 Earths would be used up.

    Indonesians, with a local Earth Overshoot Day on Dec 3, 2022, were about on track of using up exactly the resources allotted to Earth citizens.

    People in several countries also used up less than their allotment of resources, for example in India, where the equivalent of 0.8 Earths were used annually.

    Emissions, but also the use of resources like wood, fish and land for crops are among the things counted in when calculating Earth Overshoot Day.

    Tyler Durden
    Thu, 07/28/2022 – 23:30

  • Global Air Travel Logjam Stumps Airlines, Disrupts Countless Summer Travel Plans
    Global Air Travel Logjam Stumps Airlines, Disrupts Countless Summer Travel Plans

    By Janice Hisle, of Epoch Times

    Summertime is supposed to be joyful for travelers heading to vacation destinations—and airlines, too, because that’s when they typically rake in cash by the barrel.

    But 2022 has ushered in a summer of discontent for passengers and airlines worldwide, as airlines’ plans for rebounding from the COVID-19 pandemic travel slump have hit one logjam after another.

    Across the globe, especially in Europe, there’s a new epidemic: canceled, overbooked, and delayed flights—and airport storage areas overflowing with lost and misdirected baggage. These once-rare annoyances of air travel are now more commonplace; travelers who took smooth operations for granted now expect snafus—a new mindset that has changed the way they plan trips.

    To prevent issues, savvy travelers are increasingly entrusting delivery services like FedEx or UPS to transport luggage to their destinations. Some are putting GPS-enabled devices into their luggage, such as Apple’s AirTag or the Tile tracker. And people traveling in groups are sprinkling a few pieces of clothing per person into each checked bag instead of risking having someone lose an entire vacation wardrobe.

    Airport information screens are showing “ON TIME” less frequently this summer. (Stock photo/Matthew Smith/Unsplash)

    For now, if an air traveler manages to have a leisurely getaway and hassle-free experience, they might feel like they’ve won the lottery. Chances for bad experiences have increased, a trend likely to continue as the summer progresses, says Jay Ratliff, an aviation expert with more than three decades of experience.

    “Travel used to be something we enjoyed. But it’s turned into something we endure,” he said. One day last week, Ratliff’s email was brimming with more than 800 new messages, many of them from fed-up airline customers turning to him for help—or to vent.

    “I’ve never seen it this bad, industry-wide,” said Ratliff.

    “There are a lot of things contributing to this mess that we’re in, but it comes down to the airlines trying to operate too many flights, and they simply didn’t have enough employees to pull it off,” Ratliff said, noting the situation is “10 times worse in Europe.”

    Ratliff said that the percentage of flight delays serves as a barometer for how bad the problems are. During average years, he would see single-digit percentages of delayed flights for many airlines across the globe. But one day last week, 54 percent of British Airways flights were behind schedule, for example. He rattles off other recent jaw-dropping statistics at major hubs: In Brussels, Belgium, up to 72 percent of flights were late, and in Frankfurt, Germany, 68 percent of flights were delayed.

    In many cases, flight delays cause missed connections. When those passengers seek rebooking, the airlines often cannot find seats for them because flights are filled. That can leave passengers stranded at unintended destinations for hours, or even days.

    Ratliff said that several airports have been “begging airlines to stop selling tickets because terminals are filling up” with travelers waiting for rebooked flights.

    Adding to the mess: rental cars are scarce, another COVID-created problem. When pandemic was raging, few people were renting cars. That prompted rental companies to sell portions of their fleets. They also halted plans to buy replacements. Now that travelers are back, rental agencies are having problems securing new vehicles, which are selling at inflated prices. So when people try to get a rental car at the last minute, either because they failed to plan or were stranded by flight disruptions, they often rely on Uber or Lyft, or they may roam the airport for a prolonged period.

    Lufthansa was forced to cancel flights affecting about 130,000 passengers because of a worker strike set for July 27, 2022. (Kai Pfaffenbach/File Photo, 2020/Reuters)

    This week, Europe’s woes worsened. German-based Lufthansa airlines announced it was canceling “almost all flights to and from Frankfurt and Munich.” The cancellations took effect July 27 because a union representing ground workers was waging a single-day walkout to demand higher pay. In a statement, the airline said the impact was “massive;” cancellations affected more than 130,000 passengers.

    Ratliff, who worked in management for Northwest Airlines from 1981-2001, explained how the COVID-19 pandemic set the stage for the current crisis. Airlines were forced to cut their workforces through layoffs and early retirements. Those measures were necessary to stay afloat when demand for air travel slowed to a trickle during the pandemic’s worst surges in 2020-21. “What business can survive with 95 percent of their customers no longer knocking on the door?” he asked.

    Airline executives reasoned that travel demand would eventually come roaring back—and when it did, they’d hire replacements for the former employees. But it wasn’t that simple. “They found they weren’t able to hire as fast as they thought they could,” Ratliff said. Background screenings and training for new workers can be time-consuming, too.

    As a result, many airlines and airports remain understaffed in many job categories, ranging from pilots to baggage handlers to ticketing agents and customer service reps.

    Suitcases are seen uncollected at Heathrow’s Terminal Three baggage reclaim, west of London, on July 8, 2022. (Paul Ellis/AFP via Getty Images)

    Anticipating a staffing shortfall, airlines cut back flights during summer, when they would typically add flights. Those cutbacks surely made airline executives wince, Ratliff said. “They want as many of those ‘silver revenue tubes’ flying as they can during the summer,” he said, “because that’s the time when they make their money.”

    However, Ratliff said that even the curtailed flight schedules “assumed a perfect scenario” from May-June this year. During the Memorial Day weekend travel rush, it became clear that those ideal projections were unrealistic; systems disintegrated if bad weather rolled in or if a handful of employees called in sick, sometimes suffering from COVID-19. Such unpredictable events are capable of touching off a domino effect of airport problems. That was true even in the pre-pandemic era. But this summer, the airport house-of-cards is so precarious, a major thunderstorm could cause “a coast-to-coast cascading problem” that might persist for weeks, Ratliff said.

    Still, U.S. airlines are faring better than European ones. Airlines in Europe are having more trouble adjusting because demand for travel in those nations continued to lag while U.S. travel demand gradually picked up. During that ramp-up period, especially in the past year or so, U.S.-based airlines “learned some things,” Ratliff said; executives could see that they would need to curtail flights because they lacked the personnel to keep pace.

    Meanwhile, Europe faced a 77-percent drop in international traffic—or more—“and then, all of a sudden, here they come,” travelers flocking to Europe to fulfill long-delayed travel itineraries, Ratliff said.

    Europe’s air-travel landscape is “a crazy, crazy mess,” Ratliff said, blaming it on flight schedules that were even more “aggressive” than many American air carriers’ schedules.

    “This is a self-inflicted airline problem,” Ratliff said. “They rolled out this summer schedule thinking they could operate more flights than they were able to do.

    They miscalculated. And who’s paying for it? The poor passengers.”

    Travelers who expected to follow a nice, curved arc from their point of origin to their destination instead ended up bouncing along a zigzag path. In the worst single travel nightmare that Ratliff had heard of, a family started its journey with seven boarding passes—and ended up with 96 of them.

    KLM, a Dutch airline, recently suffered a baggage system malfunction. This 2020 file photo was taken in Amsterdam. (Piroschka van de Wouw/Reuters)

    A synopsis of that family’s odyssey: After leaving Washington’s Dulles Airport, the group ended up missing flights, then being rebooked in multiple international hubs. “And, of course, their bags—did they keep up?” Ratliff asked. “Ha, not a chance!”

    Additional problems with flights and baggage seem to grab headlines every few days. Last week, a baggage-system malfunction at Amsterdam Airport Schiphol caused KLM (Royal Dutch Airlines) in the Netherlands to take an unusual step. On July 20, the airline could not process luggage for most of the day, the airline said in a statement. As a result, “thousands of suitcases” were left behind while their owners traveled to other places. The next day, July 21, KLM refused to accept checked bags for passengers traveling between European cities. The goal was to “free up as much space as possible” on that day’s flights so that left-behind baggage could be transported.

    In the U.S., there is a shortage of baggage handlers partly because of uncompetitive wages, Ratliff said. In some places, those jobs pay about $16 an hour, he said, “and you could go work at McDonald’s in that same airport for $20 an hour—so why would you want to go out and work in all kinds of weather when you can be inside and make more money?”

    Many travelers are putting tracking devices on their luggage—but that doesn’t always help. Even if the tracker reveals the bag’s location, some passengers are reporting that airlines are telling them to travel to distant cities to retrieve their bags.

    Existing methods for reuniting lost bags with their rightful owners are being stretched to their limits by the current crisis—which affected Joanne Prater and her family in ways they never anticipated. Prater, who is Scottish and lives in the United States, says her 50-day quest to recover a checked bag has made her painfully aware of the inconvenience, stress, and emotional impact that people can experience over checked items that go missing.

    Longing to visit her family in Scotland, Prater scored a deal for half-price airfare: $500 per person, including checked bags. She, her husband, and their three sons drove from their Cincinnati-area home to Chicago. On June 6, they boarded an Aer Lingus flight and were bound for Dublin, Ireland, and Glasgow, Scotland. But when the family arrived at their destination, one bag belonging to her two youngest sons, ages 12 and 8, was missing.

    As a result, the boys had only “the clothes on their backs,” Prater said. Worse yet, the bag contained a varsity jacket that holds special meaning for the family, along with team jerseys that the boys wanted to show off to their relatives. “How do you explain to your children that their favorite clothes are missing?” Prater said. After it became clear that the boys’ bag wouldn’t materialize anytime soon, the family purchased several outfits for them, paying the U.S. equivalent of about $500.

    Prater repeatedly called the airline, sometimes stuck on hold for 45 minutes, only to have the call disconnected or to be in touch with a representative with whom she had communication difficulties. She finally resorted to returning to the Glasgow airport during her vacation, hoping that in-person contact would prove more fruitful than phone calls or electronic messages.

    At the airport, an Aer Lingus employee did seem sympathetic to her concerns. To Prater’s surprise, the employee escorted her into a corridor that was outside public view. There, a sight took Prater’s breath away: the hallway was lined with hundreds of pieces of luggage and other lost articles, such as strollers, car seats, and golf clubs.

    “People save all their lives for a dream vacation to come to my country, Scotland, where golf was invented, only to have their golf clubs lost? I mean, men collect clubs, and they’re expensive; you’re not bringing Fisher-Price clubs to Scotland to play golf,” Prater said. “It was just gut-wrenching to me. I’m standing there thinking about all of these poor families without their strollers, without their car seats, without their clothing.”

    Despite repeated attempts to find the missing suitcase,  the Praters returned home to the United States without it.  Prater continued her attempts to file various complaints with the airline, to no avail.

    Prater said she feels a kinship with other people who have formed groups on social media to vent their frustrations and to try to help each other locate their lost belongings. As of July 26, there was still no sign of the Praters’ bag, which was last seen in Dublin in early June, Prater said she was told.

    When The Epoch Times asked Aer Lingus for comment on Prater’s situation, the airline responded via email: “We understand the concern and frustrations felt by our customers whose baggage has been delayed and the impact this has had on their travel plans. Regrettably, our airline is being impacted by widespread disruption and resource challenges.” The airline also said it is taking steps to resolve the issues, including enlisting help from third-party companies to return items to their owners.

    Prater said she isn’t holding out much hope that the lost bag can be found, yet she still isn’t giving up because, “at this point, it’s about accountability.” It angers her that airlines seem to have offered flights and baggage services that they were ill-equipped to provide. “I’m probably never going to check a bag again because of this experience,” she said.

    Ratliff, the aviation expert, said he doesn’t see the airline crisis abating quickly. He predicts issues could persist into mid-2023. In his view, “If the airlines have packed airplanes now, treating passengers the way they’re treating them, there’s not really an incentive for them to change how they’re doing things.”

    Troubleshooting Tips for Travelers

    Jay Ratliff, an aviation expert, provides these tips for avoiding airline-related hassles:

    • Make your reservations as far in advance as possible, which also protects you from fare increases.
    • Catch the first flight in the morning. “There is no more important flight of the day for an airline than that first flight of the day,” he said because airlines know that if that flight goes out on time, it’s more likely that the rest of that day’s flights will follow suit. “And,” Ratliff said, “it’s going to be the cleanest airplane because no one has been flying in it yet.”
    • Put a copy of your itinerary into your bag before you close it, increasing the chances that an airline employee will be able to return your bag to you if it is lost.
    • Consider purchasing a tracking device such as Apple’s AirTag or a Tile.
    • Take a photograph of your bag as you’re checking in to aid in locating it.
    • Make sure you never put essential items such as medication or car keys into a checked bag.
    • Allow extra time at the airport, reducing the chance you’ll miss your flight and face a nightmare rebooking it. “Let’s not play the game of ‘let’s see how close we can cut it,’” he said.
    • If you have an important event such as a cruise ship departure or a wedding to attend at your destination, build a “buffer” into your travel plans.
    • If your flight is delayed or canceled, use social media to contact airlines because they likely have more people working on social media than they do working the phones, Ratliff said. Be succinct in sharing what’s going on and what you need.
    • If all else fails and you have a horrible experience with your flight or luggage, fill out an airline complaint form with the U.S. Department of Transportation (DOT). “That completely changes the tone of the conversation,” Ratliff said. “The airlines can ignore us (individual passengers), but they can’t ignore the DOT.”

    Tyler Durden
    Thu, 07/28/2022 – 23:10

  • Biden Admin To Unveil Reformulated Booster Shots In September
    Biden Admin To Unveil Reformulated Booster Shots In September

    The Biden administration is aiming for a mid-September rollout for reformulated Pfizer and Moderna COVID-19 booster shots, after both companies promised they would be able to deliver doses by then, according to the New York Times, citing people familiar with the deliberations.

    The new versions are expected to perform better against then now-dominant (yet far more mild than Delta) BA.5 Omicron subvariant, though the Times notes that data on the reformulated shots is still preliminary.

    As such, federal officials have decided not to expand eligibility for the next round of existing boosters this summer – which have only been approved for Americans over 50, or those over the age of 12 who have immune deficiencies.

    Dr Fauci, interestingly enough, apparently didn’t get his way, as the Times reports that he was pushing for more of the current vaccine to go into arms before the reformulated version is ready.

    In internal deliberations, some senior health officials argued that eligibility for a second booster should be broadened before the reformulated version is ready because coronavirus infections are on the rise again. Dr. Anthony S. Fauci, the president’s chief medical adviser, and Dr. Ashish K. Jha, the White House pandemic response coordinator, both advocated that position. -NYT

    “I think there should be flexibility and permissiveness in at least allowing” a second booster for younger Americans, Fauci told the Times earlier this month.

    Another alternative under discussion was offering the shots only to a subset of younger, at-risk individuals – such as pregnant women (who don’t have periods to disrupt!).

    The FDA and the CDC, however, said the government should concentrate on a fall campaign for the reformulated doses, as long as they were ready for ‘prime time’ (disregarding the typical decade of so development and safety testing for most vaccinations, of course). Both Pfizer and Moderna said millions of doses would be ready by mid-September, so regulators made the call to wait for those shots.

    All adults are expected to be eligible for the updated boosters, while Children could be eligible as well according to insiders.

    According to the Biden administration, anyone who is eligible for shots now should just get them as opposed to waiting for the fall – despite its reduced efficacy against Omicron vs. the original strains it was developed for.

    The Times notes that “Deaths from Covid-19 are still heavily concentrated among older age groups, while hospitalizations remain well below the peak of the Omicron wave last winter.

    One concern was assuring that people did not get a booster now followed by another with the updated formulation too soon after. Officials worried that, especially for young men, two boosters in close succession might elevate the risk of a rare heart-related side effect, myocarditis, that has been linked to both Pfizer’s and Moderna’s vaccines.

    For other reasons, immunologists warn against receiving booster shots in short intervals. -NYT

    “You can’t get a vaccine shot Aug. 1 and get another vaccine shot Sept. 15 and expect the second shot to do anything,” said La Jolla Institute of Immunology virologist, Shane Crotty. “You’ve got so much antibody around, if you get another dose, it won’t do anything.”

    “The antibodies stop that next dose from working” if the next dose is administered too early, he continued.

    It will be interesting to see how many people actually get booster shots, given that federal officials are already concerned over the ‘public’s patience with additional shots,’ according to the Times, which notes that the number of people getting the jab has been dropping more with each new one offered – to the point where fewer than 30% of eligible Americans have elected to receive a second booster, which would be their fourth total shot.

    To accomplish the rollout, the Department of Health and Human Services made an advance purchase of 105 million doses of Pfizer’s reformulated offering for $3.2 billion, with a possible fall deployment in mind. A similar agreement with Moderna is expected soon.

    Tyler Durden
    Thu, 07/28/2022 – 22:50

  • FBI Likely Did 'Intentionally Undermine' A Congressional Probe On Hunter Biden: Senator
    FBI Likely Did ‘Intentionally Undermine’ A Congressional Probe On Hunter Biden: Senator

    Authored by Frank Fang via The Epoch Times (emphasis ours),

    Sen. Ron Johnson (R-Wis.) criticized the FBI on July 26, alleging that the bureau was “weaponized” against two U.S. senators when it arranged an intelligence briefing in August 2020.

    Hunter Biden walks to Marine One on the Ellipse outside the White House in Washington on May 22, 2021. (Brendan Smialowski/AFP via Getty Images)

    Johnson’s criticism was based on new revelations that surfaced a day earlier, when Sen. Chuck Grassley (R-Iowa) divulged that certain FBI officials had a “scheme” to wrongly label “derogatory information” on Hunter Biden as disinformation, based on what his office learned from “highly credible whistleblowers.”

    By inaccurately labeling verified evidence as disinformation, FBI officials halted investigative activities related to Hunter Biden in 2020.

    If these recent whistleblower revelations are true, it would strongly suggest that the FBI’s August 6, 2020 briefing was indeed a targeted effort to intentionally undermine a Congressional investigation,” Johnson wrote in a letter (pdf) obtained by Just the News. The letter was sent to Attorney General Merrick Garland, Director of National Intelligence Avril Haines, FBI Director Christopher Wray, and Justice Department Inspector General Michael Horowitz.

    Sen. Ron Johnson (R-Wis.) departs from the Senate Chambers in the U.S. Capitol in Washington on July 21, 2022. (Anna Moneymaker/Getty Images)

    “If these whistleblower allegations are accurate, how can your agency, Director Wray, be capable of investigating the president’s son?” Johnson continued. “Unfortunately, the FBI can no longer be trusted to investigate Hunter Biden with integrity and the equal application of law.

    2020 Briefing

    Johnson and Grassley were probing the Biden family’s financial transactions when they were asked to attend an FBI briefing on Aug. 6, 2020. According to Johnson, the briefing was “completely unnecessary” and “completely irrelevant” to their probe.

    However, the contents of the briefing were leaked to media outlets, prompting Johnson and Grassley to question the motivation behind the briefing.

    In his letter, Johnson concluded that the 2020 briefing was “a set up to intentionally discredit our ongoing work into Hunter Biden’s extensive foreign financial entanglements,” pointing to an article published by The Washington Post on May 1, 2021.

    Grassley also raised concerns about the same Washington Post article in his letter (pdf) to Garland in June 2021.

    “The Washington Post article inaccurately linked Russian attempts to spread disinformation to my and Senator Johnson’s investigation into the extensive financial connections between the Biden family and individuals connected to the communist Chinese government’s military and intelligence services,” Grassley wrote.

    Information relating to the [Aug. 6, 2020] briefing was also used by Democratic Senators last Congress to publicly malign us and our investigation for the purpose of slowing it down, painting it in a false public light, and undermining its integrity.”

    Senate Judiciary Ranking Member Chuck Grassley (R-Iowa) speaks at a hearing with the Senate Judiciary Committee in the Dirksen Senate Office Building in Washington on July 12, 2022. (Anna Moneymaker/Getty Images)

    As such, Johnson said the FBI was “weaponized” against himself and Grassley, according to his letter.

    The FBI being weaponized against two sitting chairmen of U.S. Senate committees with constitutional oversight responsibilities would be one of the greatest episodes of Executive Branch corruption in American history,” Johnson wrote.

    Johnson, former chairman of the Senate Homeland Security and Governmental Affairs Committee, is now the ranking member on the Senate Permanent Subcommittee on Investigations. Grassley, who was once chairman of the Senate Finance Committee, is now the ranking member on the Senate Judiciary Committee.

    On Sept. 23, 2020, about a month after the 2020 briefing, Grassley and Johnson released a report revealing that there was “potential criminal activity relating to transactions among and between Hunter Biden, his family, and his associates with Ukrainian, Russian, Kazakh, and Chinese nationals,” while Joe Biden was vice president during the Obama administration.

    The two senators have continued their probe into Hunter Biden. In March, they presented bank records on the Senate floor showing CEFC China Energy, a now-defunct company, made payments to Hunter Biden.

    Request

    Johnson concluded his letter by saying that the FBI and the Office of the Director of National Intelligence haven’t responded to his request for information on “the purpose of, and who ordered” the 2020 briefing, despite his effort for nearly two years. He said the two agencies’ refusal to be transparent “is deeply concerning.”

    The senator from Wisconsin suggested that the Office of the Inspector General could conduct an “objective review” or appoint a special counsel to address his concerns.

    Johnson also reiterated his concerns over conflicts of interests, including how Nicholas McQuaid, the principal deputy assistant attorney general for the Justice Department’s criminal division, was a fellow partner in a law firm with an attorney who has represented Hunter Biden.

    Currently, the U.S. attorney’s office in Delaware is investigating Hunter Biden for possible tax violations.

    “Attorney General Garland, you have failed to provide Senator Grassley and me with assurances that any DOJ investigation into Hunter Biden’s potential criminal activity will be free of conflicts of interest,” Johnson wrote. “The American people should not have to tolerate your silence any longer.”

    Department of Justice officials didn’t respond by press time to a request for comment.

    Tyler Durden
    Thu, 07/28/2022 – 22:30

  • Extreme Weather Flips US Navy Helicopters In Freak 'Microburst'
    Extreme Weather Flips US Navy Helicopters In Freak ‘Microburst’

    US Navy helicopters were damaged when a line of severe thunderstorms swept through southern Virginia on Tuesday at Naval Station Norfolk. 

    USNI News reported ten helicopters experienced damage, including five MH-60S Knight Hawks, one MH-60R Sea Hawk, and four MH-53E Sea Dragons. 

    A Navy initial assessment of the incident showed each helicopter was marked as a “Class A ground mishap,” meaning the aircraft experienced over $2.5 million in damage. 

    “The Navy is continuing to assess the full extent of the damages to each airframe, but there are no impacts to operational forces as a result of this incident.

    “Known damages to the aircraft span from broken tail and rotor blades to structural dents and punctures in the airframes. No personnel were injured during the storm,” Cmdr. Rob Myers with Naval Air Forces Atlantic said in a statement. 

    Images posted on social media show what appears to be a warzone. 

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    NWS received minimal reports of damage in the area, which may suggest a microburst hit the naval base. 

    Tyler Durden
    Thu, 07/28/2022 – 22:10

  • 'Friends' Co-Creator Gives $4 Million To Brandeis To Atone For Her "Internalized Systemic Racism"
    ‘Friends’ Co-Creator Gives $4 Million To Brandeis To Atone For Her “Internalized Systemic Racism”

    Authored by Jonathan Draeger via The College Fix,

    The co-creator of the TV show “Friends” announced she would give $4 million to Brandeis University for a professorship in African and African American Studies in order to advance her own “anti-racist” views and atone for past racism.

    “It took me a long time to begin to understand how I internalized systemic racism,” Marta Kauffman stated in the news release put out by her alma mater.

    “I’ve been working really hard to become an ally, an anti-racist.”

    The donation “seemed to me to be a way that I could participate in the conversation from a white woman’s perspective,” she stated.

    “I hope it becomes the leading AAAS department in the country,” Kauffman stated in a video put out along with the announcement.

    Brandeis founded the department in 1969. Eleven undergraduate students graduated from the African and African-American Studies department in 2021, according to the diploma ceremony.

    “It is the first endowed professorship in the program, which means it will ensure the study of African and African American culture, history, and politics for generations of Brandeis students—something more critical than ever,” President Rob Liebowitz stated in the announcement.

    “The gift will also help the department to recruit more expert scholars and teachers,” the university announced. The donation will help “map long-term academic and research priorities and provide new opportunities for students to engage in interdisciplinary scholarship.”

    The College Fix reached out to twice via email in the past two weeks to Chad Williamson and Faith Smith, two professors in the AAAS Department to ask for more information on the goals for the donation.

    Neither responded, nor did department administrator Betsy Plumb.

    The Fix also emailed spokesman David Eisenberg for further information on the goals of the endowment and if it included boosting enrollment in the department. He did not respond.

    Kauffman also apologized for jokes about transgenderism, lack of racial diversity

    In addition to the $4 million donation to Brandeis, Kauffman’s self-reflection on her racism has also led to further apologies. She has also apologized for not using the correct pronouns for a character in “Friends.”

    “We kept referring to her [Chandler’s transgender parent] as ‘Chandler’s father’, even though Chandler’s father was trans,” Kauffman stated in a recent interview.

    “Pronouns were not yet something that I understood. So we didn’t refer to that character as ‘she’. That was a mistake.”

    Criticism over lack of racial diversity on her hit show also led to apologies.

    “Admitting and accepting guilt is not easy,” Kaufmann told the Los Angeles Times on June 29.

    “It’s painful looking at yourself in the mirror. I’m embarrassed that I didn’t know better 25 years ago,” the show creator told the newspaper.

    She has promised to crack down on offensive comments. Kaufmann told BBC that she fired a staffer for making a joke about a transgender person.

    “It’s very important to me that where we are is a safe place, a tolerant place, where there’s no yelling,” she stated, in reference to her show “Grace and Frankie.”

    “I fired a guy on the spot for making a joke about a trans cameraperson. That just can’t happen,” she told the interviewer.

    Tyler Durden
    Thu, 07/28/2022 – 21:50

  • Massive Chinese Rocket In "Uncontrolled Descent" Expected To Crash Into Earth In Days
    Massive Chinese Rocket In “Uncontrolled Descent” Expected To Crash Into Earth In Days

    China’s largest rocket, the Long March 5B that delivered the Wentian laboratory module to the new space station, is expected to deorbit and fall back to Earth. 

    The Aerospace Corporation’s Center for Orbital Reentry and Debris Studies (CORDS) said the Long March 5B is set for an uncontrolled descent into Earth’s atmosphere on Sunday (31 Jul 2022 00:24 UTC ± 16 hours). 

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    CORDS said the 10-story tall, 20-ton rocket is “now in an elliptical orbit around Earth where it is being dragged toward an uncontrolled reentry.” 

    “We estimate, based on previous experience, that somewhere between four, five to nine tons, depending on exactly how it’s configured, will survive reentry.

    “When it comes down, it will certainly exceed the 1-in-10,000 (risk of injury to people on Earth) threshold that is the generally accepted guideline,” Ted Muelhaupt of the Aerospace Corporation in a press conference Wednesday. 

    The map shows the prediction window of where the rocket could land along the blue or yellow paths. CORDS noted “the yellow satellite icon indicating the center of the reentry window.” 

    This isn’t the first time a Long March 5B deorbited and crashed back to Earth. In May 2020, parts of a Chinese rocket crashed into an African village.

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    Then again, in May 2021, another one splashed down in the Indian Ocean. 

    Why should people be looking up at the sky this weekend?

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    US Space Command warned the track of the Chinese rocket “cannot be pinpointed until within hours of its reentry.” 

    Tyler Durden
    Thu, 07/28/2022 – 21:30

  • All The Trips To Davos Have Gone To Larry Fink's Head
    All The Trips To Davos Have Gone To Larry Fink’s Head

    Authored by Scott Shepard via RealClearMarkets.com,

    Larry Fink really has let all of those trips to Davos go to his head.

    In what is, so far as I know, the BlackRock CEO’s most recent act of public grandiloquence, he and BlackRock have urged the Securities & Exchange Commission (SEC) to modify its proposed greenhouse-gas emissions disclosure rule.

    That standard Fink megalomania comes not from the request itself, but from its grounds. He does not ask that it be withdrawn because it is illegally beyond the SEC’s statutory remit, though it surely is, especially in light of a recent U.S. Supreme Court ruling. He doesn’t seek its withdrawal because it will create massive expense for no possible benefit, though that’s true too. He doesn’t even oppose the rule because it will harm small farmers, small businesses and small investors while aggregating wealth and opportunity to his own private-equity class. (Well, no: of course not that.)

    Rather, Fink’s objection to the rule is that it deviated from the disclosure demands that have issued from him – from him and from Mike Bloomberg and from the self-appointed New Ruling Class – embodied this time as the Task Force on Climate-Related Financial Disclosures (TCFD). These new malefactors of great self-regard, you see, don’t care for it when representatives of elected government dare to contradict the commandments of the World Economic Forum (WEF) set.

    Mind you, the SEC’s proposed rule does violate its statutory authority; it does violate the Commission’s basic responsibility of assisting Main Street shareholders and smaller corporations in the capital markets; it is vastly costly, entirely pointless and wholly biased. The TCFD proposals are also immensely costly and entirely pointless and biased (in favor of politicized decarbonization, against basic technological and economic reality) though, and they come without any statutory or moral authority at all. The TCFD, like the Sustainable Accounting Standards Board and the WEF, is just an agglomeration of billionaires who have decided that they’d quite like the world to be run according to their personal policy preferences – thank you very much – and that they don’t intend to subject themselves to indignities like getting elected in order to achieve that end.

    You can understand why they’ve dropped any plans to earn democratic legitimacy. Recall the spectacular failure that was Mike Bloomberg’s campaign for the Democratic nomination in 2020. From revelations that he had demanded that women staffers abort pregnancies to disclosures that old Nanny Bloomberg was pretty much an authoritarian all around, the Little Dictator didn’t come out of the experience very well. But that hasn’t thwarted his desire to rule.

    Nor did it serve as a lesson to Fink. One might think Fink would be more careful, given that he carries a raft of fiduciary duties to investors and shareholders that Bloomberg, as the owner of a private company, doesn’t. But no. While he occasionally makes transparently false statements about the nonpartisan character of his interference with the governance and planning at the rest of U.S. publicly traded corporations, the truth invariably outs, as when he accidentally admitted that he is acting to “force” corporations, and through them all of us worldwide, to do his bidding, such as equity-based discrimination and politicized decarbonization, because he personally is “very passionate about” those policy goals.

    In other words, Larry and Mike very much wish the world to dance to their tunes, exactly as they play them, and they don’t want any interfering governments trying to play along, even if it’s pretty much the same stupid tune.

    Larry, though, may wish to take a care as he seeks to set a crown upon his head. For as he accumulates the real power of dictatorship, he also collects the responsibility, and the dangers. Surely he is aware by now that forcing the West into climate-catastrophist decarbonization guarantees is already creating a pointless, but world-historical, disaster. Consider developments just in the last couple of weeks:

    • Germany, and Europe generally, have delivered themselves, bound and on their knees, to Russia, having decarbonized according to their incoherent political schedules rather than according to technological and financial need – just as Larry wants to “force” the U.S. to do because he personally is “very passionate about” it. All of this “threatens social peace” in Germany and around the continent – which is fine, right? Nothing bad has ever followed from that.

    • All of this has forced Europe to revert to coal use, meaning that political decarbonization leads to eventual recarbonization of the least-efficient sorts.

    • China continues to ramp up its coal production and use, as do India and other non-western nations, with none indicating any serious willingness to stop such increases. This is fair enough; why should they be denied moving from developing to developed because western billionaires want to change the rules, pulling the ladders up behind themselves? The result: no amount of western decarbonization can have any real effect on the earth’s climate, the only conceivable legitimate justification for decarbonization. (The growing suspicion that the WEF set knows that political decarbonization can’t achieve the stated goals, but really wants it as a way of keeping the hoi polloi trapped in constrained penury so that they can have the world to themselves is, of course, wholly illegitimate.)

    • Japan’s long-struggling economy has been hit hard by the current energy crisis, leaving it less prepared to respond to any negative effects that might arise from the climate change that political decarbonization can’t stop.

    • The Netherlands has erupted in protests in response to government nitrogen-reduction regulations that threaten to destroy one of Europe’s strongest agricultural centers. These pointless regulations, based on doubtful science, do their work just as the world faces serious food shortages.

    • Those food and energy deficiencies, driven by a series of “green” initiatives such as taking the whole country organic, have brought Sri Lanka to its knees – sending one president and prime minister already into exile, and the Sri Lankan people into dire suffering.

    • Here at home, Texas’ inexplicable and undefendable embrace of wind power threatens its energy reliability and – again – forces it back on record fossil-fuel demand.

    There’s plenty more, but I think these items make the point. Or most of the point. Consider one last fact: that as Larry and Mike (and Brian Moynihan of Bank of America and David Solomon of Goldman Sachs and the rest of the Davos crowd) “force” American corporations to sign on to political-schedule decarbonization because they’re so personally passionate about it, they’ve also engineered an exemption from the European Union’s new “green” fuel tax for – do you even have to guess? – private jets.

    Larry & Co., you see, mean not only to rule like dictators, but to live like dictators.

    All of this put me in mind of Patrick Henry. In 1765, when a separate set of dictators (a crowd just as unelected by any Americans as the WEFers) sought to strip proto-Americans of their basic and fundamental rights through the Stamp Act, Henry offered a warning to George III, the chief unelected despot of that era. In the peroration of a speech against the act in the Virginia House of Burgesses he reminded his fellows that “Caesar had his Brutus, Charles the First his Cromwell and George the Third … may profit by their example.”

    As Larry, Mike, et al. grasp for themselves the power and trappings of tyranny in order to advance policies that will destroy both liberty and prosperity for the American people – just as George and his parliament did – let us hope that they, too, profit from those examples.

    *  *  *

    Scott Shepard is a fellow at the National Center for Public Policy Research and Director of its Free Enterprise Project.

    Tyler Durden
    Thu, 07/28/2022 – 21:10

  • President Xi Chaired The July Politburo Meeting Today: Here's What Happened
    President Xi Chaired The July Politburo Meeting Today: Here’s What Happened

    President Xi chaired the July Politburo meeting today which set the tone for the broad policy stance in 2H of this year.

    The statement following the meeting reiterated the “Dynamic Zero Covid” policy stance and focused on implementing the already announced policy measures. On property, the statement restated “housing is for living in, not for speculation” (which was mentioned in the April Politburo meeting), and highlighted that local governments should take responsibilities in “guaranteeing the delivery of homes“, consistent with China Banking and Insurance Regulatory Commission (CBIRC)’s recent statement.

    Courtesy of Goldman China analyst Maggie Wei, here are the main points:

    1. President Xi chaired the July Politburo meeting today. The statement was mostly a reiteration of implementing the already announced measures, though on the fiscal front, today’s statement hinted at additional local government bond issuance quota. Specifically on fiscal policy, the statement stated it will make the full use of local government special bond (LGSB) proceeds and the limit on outstanding LGSB this year, which could imply at most another RMB 1.5 trillion LGSB issuance quota available for use this year (according to the MOF, the actual outstanding LGSB amount is RMB 20.4 trillion, assuming the annual quota will be fulfilled by year-end, and the limit on the overall LGSB outstanding this year is RMB 21.8 trillion). On monetary policy, Politburo reiterated that liquidity conditions should be reasonably ample, credit support should be stepped up, and policymakers would make the best use of the newly announced credit quota for policy banks and infrastructure investment fund. In recent State Council meetings, policymakers announced an additional RMB800bn policy bank loan quota, and another RMB300bn credit support by policy banks to facilitate infrastructure investment.

    2. The July Politburo meeting statement toned down the nationwide full-year economic growth target by requiring “large and capable” provinces (likely referring to coastal provinces which are less hit by Covid lockdowns,) to work hard on achieving full-year economic targets, which stood in contrast to the statement of “working hard to achieve full-year targets” in the April meeting.

    3. Today’s statement restated that policymakers would stick to the “Dynamic Zero Covid” policy stance, and highlighted “political considerations” behind this decision. However, policymakers also required to ensure smooth operations of key functions of the society, while working on tracking new variant of Covid and development of Covid treatment. This may imply potential adjustments to the Dynamic Zero Covid policy implementation similar to what we saw in late June as the Covid situation evolves.

    4. The discussion around property is not new. The July Politburo meeting emphasized “housing is for living in, not for speculation“, which was mentioned in the April Politburo meeting as well, and added that local governments should take responsibilities in “guaranteeing the delivery of homes“, consistent with CBIRC’s recent statements. Relatedly, an FT article on July 28 reported a potential RMB 200bn program by the PBOC to help facilitate property completions. Regulators and local governments are focusing on continuing construction of pre-sold projects while keeping the broad policy on housing unchanged.

    5. In response to the rural bank event in Henan, today’s statement required policymakers to ensure financial stability and properly handle risks from rural banks (Media report suggests policymakers would use 320bn LGSB quota to replenish capital for small and medium-sized banks). On platform company regulation, the statement echoed the positive tone from the April meeting and urged policymakers to complete regulation on platform companies and facilitate a batch of sample investment projects with “green light”. Politburo also discussed securing the supply of food and energy, stabilizing prices, supporting employment of college graduates and working hard on improving people’s livelihood, which are reiteration of recent policy communications.

    6. In general, the July Politburo meeting suggests that the “Dynamic Zero Covid” policy stance is here to stay, and while full-year economic targets appear challenging on a nationwide basis. Policymakers would maintain their supportive stance, in particular continue to push for infrastructure investment to support the overall economy. The lack of mentioning of a potential property fund, which was widely discussed over media in recent days might appear disappointing to investors, but there is still a chance that PBOC and relevant government institutions would follow up and announce concrete supportive measures to the property sector in the next few days/weeks.

    Tyler Durden
    Thu, 07/28/2022 – 20:50

  • Here We Go Again: Wuhan Locks Down 1 Million People After Detecting Four COVID Cases
    Here We Go Again: Wuhan Locks Down 1 Million People After Detecting Four COVID Cases

    In yet another prime example of throwing the baby, the bottle, the bonnet, and literally everything else that’s within reach, out with the bathwater, Wuhan has decided to lock down a district of almost 1 million people after discovering just “four asymptomatic Covid cases”.

    And to think, Wuhan’s tourism industry was just starting to recover…

    But seriously, China’s stringent zero-Covid policy has once again caused the country to enforce draconian lockdowns in Wuhan’s Jiangxia district, where more than 970,000 people live. China called it three days of “temporary control measures,” according to CNN

    The province shut down bars, cinemas internet cafes, small clinics, agricultural product marketplaces, restaurant, dining and large gatherings, the report says. It also shuttered events “from performances to conferences,” including all places of worship. Tutoring institutions and tourist attractions also were forced to lock down. 

    Public transport in the province has also been suspended and residents have been told not to leave. There have been “four high risk neighborhoods” identified within the province, with four other neighborhoods posing a “medium” risk. 

    China is aiming to “further reduce the flow of people, lower the risk of cross-infection and achieve dynamic zero-Covid in the shortest time possible,” a government statement says. The four cases were found during regular testing drives and then through contact tracing of those individuals. 

    The lockdowns which China once again re-implemented toward the beginning of this year caused shockwaves for many companies doing business in the country, not the least of which was Tesla, and further exacerbated supply chain bottlenecks – many of which have been in place for almost 3 years now. 

    Recall, back in April, Zero Hedge contributor Quoth the Raven asked whether or nothing something was “rotten” in the state of Shanghai’s latest lockdowns. “The actions China has taken to implement this round of lockdowns have been dystopian and Orwellian, to say the least,” he wrote at the beginning of April. 

    “There are a innumerable amount of disturbing things about the dystopian way this alleged outbreak is being handled, but none more pressing is the question of why it is being handled the way it is,” he continued. “Why continue the country’s completely irrational and inane “Covid Zero” policy at this point?”

    Tyler Durden
    Thu, 07/28/2022 – 20:10

  • Why Bitcoin Is A CDS On The Fed
    Why Bitcoin Is A CDS On The Fed

    Authored by Adam Taha via BitcoinMagazine.com,

    With rampant inflation and institutional unease in the air, bitcoin is prepared to gain exponentially.

    The latest consumer price index (CPI) print came out at a shocking 9.1% (9.8% in cities), and many speculators expected bitcoin’s price to “moon.” What happened was the opposite and bitcoin’s price action correlated with other risk assets. Many threw an expected tantrum and asked why? “I thought BTC was a hedge against inflation … when moon?”

    Keep in mind that bitcoin is a 13-year old resilient asset with just 13 years of network effect. How is it resilient? While the dollar, as we all know, has continued its meteoric climb, posting fresh yearly highs versus the British pound, euro, and Japanese yen year to date, making it a wrecking ball against most foreign currencies and risk-on assets.

    However, for the past few weeks something incredible started happening: The price of bitcoin (in USD) has been building on strong support even as the dollar gains. This signifies a massively important event in my opinion.

    Source: Bloomberg

    Bitcoin’s price action frustrates some retail investors. That’s because the market is not dominated by retail. It’s dominated by institutional investors and “big money.” Institutions dominate the market but are themselves bogged down by rules, regulations and policies. As such, they view bitcoin as a risk-on asset and when inflation runs hot (latest print of 9.1%) then they go risk-off – especially when interest rates are high (“quantitative tightening” (QT) environment). Generally, “cash is king” is a common statement in traditional finance and the current fiat system for many investors. Institutions sell their risk assets (risk-off) and they buy cash (USD) and cash-flow equities when the DXY rises.

    Note that gold and silver have also significantly dropped in the last few weeks. So, what happened to their safe store-of-value proposition? Nothing. The proposition itself likely still holds. It’s not about the assets themselves, it’s about accumulating dollars right now. Having liquid cash is better for institutions and investors than having a valuable yet illiquid asset. Remember, institutions view cash as king in times of high inflation and QT.

    To reiterate, Bitcoin is only 13 years old and it is taking time for retail and institutions to understand the true value of bitcoin. For now, institutional investors continue to view cash as king, and many people in retail still don’t understand what kind of money bitcoin is. So, for now we’re still stuck in the Federal Reserve Board’s monetary world.

    The Fed’s policy is unsustainable. They know that, we know that. They can’t and won’t stop printing by adding liability to their balance sheets (debt to be paid off by future generations). What is the solution? Bitcoin is the solution. Sure, in two months cash will still remain king, but in two years cash will return to its original form: trash. Meanwhile, bitcoin will keep doing its thing and investors (both retail and institutions) will realize its value.

    The following statement is relative: “Bitcoin is a hedge against inflation.”

    I say relative because for someone who bought bitcoin years ago (before 2017) that statement holds true. But for someone who bought recently, that statement is taken with some skepticism. Long term, it certainly is a hedge against inflation.

    A credit default swap or CDS is an insurance instrument that institutions use when they own a bond issued by an issuer like a corporate or government bond. They can buy insurance against that bond failing (issuer defaulting). For institutions and investors, Bitcoin can and should be their CDS on the Fed failing.

    Bitcoin protects your wealth from debasement and it protects you like a CDS on the government.

    Bitcoin is your insurance policy against the government’s entire monetary policy and its “scam token” (aka the dollar).

    [ZH: Notably, USA Sovereign CDS (more indicative of devaluation than default for the reserve currency) has been ramping in recent months – to its highest since the peak of the COVID lockdowns. If Bitcoin’s historical relationship with the sovereign CDS market re-engages, it would imply BTC around $90,000.]

    The future is almost entirely digitized. Money will be no different. Bitcoin is without a doubt the only solution for a sound, immutable, secure, digital money that gives people their sovereignty. Banks are counterparties. Goldman Sachs, NYSE, Vanguard, Fidelity, and others are counterparties. With bitcoin, you own the asset outright and not the underlying asset. In today’s system, the reliance or hope is on the counterparty to uphold their end of the obligation and give what is owed to you when you need to liquidate an asset. Bitcoin flips this on its head using an elegant system of incentives, encryption, supply cap, decentralization, and a network that anyone can participate in.

    Growing your purchasing power comes second. First, you have to protect that purchasing power. How do you protect your purchasing power? Bitcoin.

    Tyler Durden
    Thu, 07/28/2022 – 19:50

  • Rand Paul Demands Answers After NIH Admits Redacting COVID-19 Origins Emails 'To Prevent Misinformation'
    Rand Paul Demands Answers After NIH Admits Redacting COVID-19 Origins Emails ‘To Prevent Misinformation’

    Senator Rand Paul (R-KY) is demanding answers from the National Institutes of Health (NIH), after he says the agency “has repeatedly disregarded its responsibilities under FOIA (Freedom of Information Act) and the American people’s right to agency records,” according to a Wednesday letter from Paul to NIH Acting Director Lawrence A. Tabak.

    “For almost two years, public interest groups and media organizations have been forced to engage in protracted litigation to obtain documents related to NIH’s involvement in COVID-19,” adding “The records NIH has produced have been heavily redacted.”

    This suggests NIH is censoring the information it releases to the public about the origins of the pandemic.

    Paul cites an article by journalist and former Chuck Grassley investigator Paul D. Thacker, which notes an egregious admission by the NIH in Court that the agency “is withholding portions of emails between employees because they “could be used out of context and serve to amplify the already prevalent misinformation regarding the origins of the coronavirus pandemic.””

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    In an 18-page declaration to the court, NIH FOIA Officer Gorka Garcia-Malene detailed how the NIH redacts documents in compliance with the law. In the case of Exempt 6 privacy concerns, Garcia-Malene declared:

    Exemption 6 mandates the withholding of information that if disclosed “would constitute a clearly unwarranted invasion of personal privacy.” 5 U.S.C. § 552(b)(6). Exemption 6 was applied here due to the heightened public scrutiny with anything remotely related to COVID-19.

    Mr. Garcia-Malene also claimed that information had be redacted “because of the amount of misinformation surrounding the pandemic and its origins.” Seriously, the NIH is now arguing in court that because there is so much misinformation about how the pandemic began, they can’t release facts that might clear up misinformation about how the pandemic began.

    The NIH was responding to a case brought by US nonprofit Right to Know, after the NIH deleted coronavirus sequences that Chinese researchers added to the NIH’s Sequence Read Archive. As Thacker notes, “These datasets involved key studies that virologists were using at the time to promote the now discredited theory that the COVID-19 virus may have passed from pangolins to humans.

    In the case at hand, the NIH attempted (and succeeded) at sealing the name of a Chinese researcher which had already been made public.

    More via Disinformation Chronicle:

    Last week, the NIH filed a motion in a Virginia court to seal portions of documents that reference the Chinese researcher and an NIH official in a lawsuit filed against the agency for redacting and covering up records that might explain how the pandemic began.

    “[T]he individuals have a substantial privacy interest in avoiding harassment or media scrutiny that would likely follow disclosure,” wrote a lawyer for the NIH to the judge. “Sealing is therefore necessary to protect this information from any further public dissemination.”

    But what is actually being protected? The American public’s right to access public information that may reveal what kicked off the pandemic, or the purported privacy rights of a scientist who lives thousands of miles away in China? This legal ploy further highlights the NIH’s aggressive, haphazard approach to redacting documents and hiding information that might explain how the pandemic started.

    Last summer Buzzfeed released an investigation of the NIH’s Anthony Fauci and reported that the documents the agency released were “just a portion of what was requested, and they are filled with redactions, making them an incomplete record of the time period and Fauci’s correspondence.” Meanwhile, the Intercept reported in February that the NIH continues to withhold critical documents that could shed light on how the epidemic began, noting that the agency sent them 292 pages of fully redacted records.

    Among these pages, the NIH fully redacted the 2020 COVID-19 research plan put together by Anthony Fauci.

    A week after The Intercept story, The Chief Records Officer for the U.S. Government sent the NIH a letter asking them to investigate allegations that agency personnel are shredding documents related to grant-making decisions and funding for research in China.

    Kangpeng Xiao’s name became public in December 2020, when the nonprofit U.S. Right to Know published a report on revisions to coronavirus sequences that Chinese researchers had added to the NIH’s Sequence Read Archive. These datasets involved key studies that virologists were using at the time to promote the now discredited theory that the COVID-19 virus may have passed from pangolins to humans.

    “These revisions are odd because they occurred after publication, and without any rationale, explanation or validation,” wrote Sainath Suryanarayanan, in the December 2020 report for U.S. Right to Know. The nonprofit based their report on NIH documents they received from a FOIA request.

    According to these documents, several Chinese scientists asked the NIH to alter coronavirus sequences stored on the NIH database, with many of these requests coming from Kangpeng Xiao with the South China Agricultural University. In one case, Xiao asked NIH official Rick Lapoint in March 2020 to delete some coronavirus sequences.

    A few months later, Xiao published a prominent paper on May 7, 2020, in the journal Nature that argued a coronavirus discovered in pangolins was closely related to COVID-19. But as U.S. Right to Know discovered, Xiao’s request to delete coronavirus sequences from the NIH’s Sequence Read Archive (SRA) was just one of many changes.

    Xiao et al. made numerous changes to their SRA data, including the deletion of two datasets on March 10, the addition of a new dataset on June 19, a November 8 replacement of data first released on October 30, and a further data change on November 13 — two days after Nature added an Editor’s “note of concern” about the study.

    Eventually, Nature’s “note of concern” attached to Xiao’s 2020 study changed to a very lengthy correction in late 2021 that explained that data “were mislabelled and attributed incorrectly.” That correction also thanked Alina Chan of Harvard and the Broad Institute “for bringing the errors to our attention.” Chan later tweeted that Nature refused to publish her analysis of the viruses and merely folded her study into their correction.

    NIH coronavirus database becomes national news

    This U.S. Right to Know report was largely ignored, but last summer, coronavirus sequences at the NIH SRA became national news when Jesse Bloom, a virologist at the Fred Hutchinson Cancer Center, published a preprint on NIH sequences that Chinese researchers had deleted. As Bloom explained in an email to NIH leadership at the time, “[T]his can be a good opportunity for the NIH to take the lead by using its remarkable data archives to make progress in resolving some of the important questions about the virus’s origins.”

    The NIH would not disclose to reporters the names of Chinese researchers who requested sequence deletions, but the New York Times later identified one of the scientists as Ben Hu at Wuhan University.

    Empower Oversight referenced Kangpeng Xiao’s identity in federal court recently on July 11, when the nonprofit charged that the NIH was improperly redacting documents when responding to their FOIA requests. In one case, the NIH had provided Empower Oversight with an October 12, 2021, email from Jesse Bloom to the NIH discussing a scientist’s request to delete NIH SRA sequences. Citing Exemption 6, which covers privacy concerns, the NIH redacted both the names of the requestor and the NIH official that Bloom cited in his email

    Read the rest from Thacker here

    Paul has demanded the NIH answer the following questions:

    Tyler Durden
    Thu, 07/28/2022 – 19:30

  • A Culture Of Crime Complacency In Pritzker's Illinois
    A Culture Of Crime Complacency In Pritzker’s Illinois

    Authored by Mike Koolidge via RealClearPolitics.com,

    In the 2013 movie “The Purge,” crime was legalized for a 12-hour window every year, ostensibly to “purge” society of its worst elements. Murdering, thievery, grand theft auto, rape, drug trafficking, you name it, all allowed with zero consequences – but only for an annual 12-hour period. Effective Jan. 1, 2023, a version of the scenario depicted in the fictional dystopian film could become a full-time reality in Illinois if legislation, passed after the summer of George Floyd, is not repealed.

    Some background: On Jan. 13, 2021, during the post-election lame duck legislative session, a 764 page opus known as Illinois HB 3653, ironically called the “SAFE-T Act” (Safety, Accountability, Fairness, Equity – Today Act), was rushed through by Democrats in the state capitol. There was no mandate from the electorate. It barely had enough votes to pass, even in the extremely lopsided Democrat-majority Springfield legislature.

    “The law passed in the wee hours of the morning,” recalled Republican State Rep. Tony McCombie.

    “[The Democrats] cut off debate. They didn’t appear to have the votes as it took several minutes to browbeat their members to their switches [voting button] to call the final vote.”

    But it passed in both houses and was signed into law with great fanfare by Democrat Gov. JB Pritzker.

    The legislation is a veritable wish list for progressives opposed to the very idea of incarceration – or even effective policing.

    To start, criminal suspects arrested on charges ranging from petty theft to murder (yes, murder) will no longer have to post bail, because cash bail will go away entirely. Will judges be able to keep obviously dangerous defendants in jail? Only when, to quote the language in the legislation, “the defendant poses a real and present threat to a specific, identifiable person or persons, or has a high likelihood of flight.”

    That suggests that if you kill your wife, for instance, you can be let out of jail while you await trial, posting no bail, because, well, she’s now dead, and you don’t “pose a threat” to any other “specific” individual. If you are unsuccessful in your murder attempt and only maimed your wife, as she is still alive, yes, a judge can keep you in jail, but only because your wife survived your assault.

    To reiterate, crimes that harm “society at large” will not cut it, according to the language in the SAFE-T Act. As Ogle County State’s Attorney Mike Rock explains:

    “A serial drunk driver who repeatedly drives on our streets while impaired must be released because we cannot specifically identify the individuals they are putting at risk. The same applies to drug dealers, gun traffickers, felons in possession of guns, serial arsonists, and many other violent criminals.”

    This is not hyperbole. Even some Democrats are sounding the alarm. “If that bill [the SAFE-T Act] goes into effect … police officers’ hands will be tied,” warns Will County State’s Attorney James Glasgow, a Democrat. “What you see in Chicago, we’ll have here . It’s going to be literally the end of days … I’ve got 640 people in the Will County jail. All their bonds will be extinguished on January 1. And 60 are charged with murder. And many others with violent felonies.”

    The good news is that it’s not too late to do something about it.

    “You as the electorate, need to demand anybody running for election in November needs to vote to repeal this bill,” Glasgow continued.

    “It will destroy the state of Illinois. I don’t even understand the people who supported it, why they can’t realize that.”

    This is what happens when a legislative body dominated by one political party is combined with a severe anti-cop, soft-on-crime default position that has become orthodoxy on the left. It’s a toxic stew of bad ideas and bad judgment that at best breeds a culture of crime complacency, and at worst a clarion call for societal anarchy.

    “This law will continue to destroy the once beautiful and thriving city of Chicago,” said McCombie.

    “The crime rate will grow in the suburbs and eventually seep into our more rural areas, ultimately bringing Illinois’ complete destruction.”

    State’s attorneys must act, and demand that Springfield repeal the SAFE-T Act immediately. Every Democrat state representative and senator must swallow their pride and admit they made a terrible mistake when they passed this bill during the 2021 lame duck session. And more than anyone else, Gov. Pritzker, up for reelection this November and testing the 2024 presidential waters, needs to step up, be a leader, and fix this. Now.

    More and more Illinoisans are demanding it: A Facebook page calling for the repeal of Illinois HB 3653 has already gained over 51,000 members and is growing. If the SAFE-T Act is not repealed, Pritzker and everyone who made it law will have blood on their hands. And come this January in Illinois, the movie “The Purge” won’t feel like fiction if you live in our state.

    Tyler Durden
    Thu, 07/28/2022 – 19:10

  • Taiwan Fires Warning Flares On Chinese Drone That Buzzed Airspace
    Taiwan Fires Warning Flares On Chinese Drone That Buzzed Airspace

    At a moment of boiling tensions surrounding Taiwan, its military says it chased away a Chinese drone by firing warning shots as a UAV buzzed a heavily fortified island that has long been under Taiwanese control.

    The Taiwanese Defense Ministry believes what was at first deemed an “unidentified drone” was possibly probing its Taiwan’s defenses as it “glanced by” Dongyin island, which lies near the Chinese coast but has been in Taiwan’s hands since 1949.

    China is believed to operate fleets of drones from its Shandong Aircraft Carrier.

    “The Dongyin command fired flares at the drone to warn it away, the ministry said, without identifying it further,” writes Reuters. “A senior official familiar with the security planning in the region told Reuters that it was a Chinese drone, likely one of the country’s new CSC-005 drones.”

    Though a relatively minor encounter, said to be the second such incident involving a Chinese drone this year, the engagement suggests the ease with which a small unplanned incident could trigger bigger escalation, even leading to a shooting war.

    Considered the front line of Taiwan’s defenses, Dongyin island is described as follows in Reuters:

    It is the northernmost territory Taiwan holds, sitting at the top end of the Taiwan Strait, a choke point through which at least part of any Chinese invading force would have to traverse.

    Military experts believe Dongyin’s forces are equipped with Taiwan’s self-made Hsiung Feng II anti-ship missile as well as Sky Bow II surface-to-air missiles.

    In recent years Chinese PLA jets have flown into or near Taiwan’s ‘Air Defense Identification Zone’ on an almost weekly basis, which Taipei sees as a threat. Taiwan typically scrambles fighters to warn off and ‘mirror’ PLA jets, however without any kind of firing incident.

    https://platform.twitter.com/widgets.js

    This fresh encounter between Taiwan and PLA weaponry comes as the entirety of the democratic-run island of Taiwan is engaged in ‘invasion preparedness’ drills – an annual exercise – which has a civilian response as well as military components, including emergency alerts and evacuation simulations conducted in cities and towns.

    Tyler Durden
    Thu, 07/28/2022 – 18:50

  • Manchin's 'Inflation Reduction Act' One Giant, Misnamed Nothingburger, Goldman Finds: "It Will Change Fiscal Impulse By Less Than 0.1% Of GDP"
    Manchin’s ‘Inflation Reduction Act’ One Giant, Misnamed Nothingburger, Goldman Finds: “It Will Change Fiscal Impulse By Less Than 0.1% Of GDP”

    While few have had a chance to read the details of the Manchin-Schumer so-called “Inflation Reduction Act” (where the only inflation reduction is in the title and nowhere else) especially those who have been championing it all day across various media outlets, Goldman’s chief political economist Alec Phillips spent the night digging into the nuances of the proposed bill and found … well… nothing.

    As Phillips writes, the fiscal deal that already looked likely to pass now looks likely to be a bit broader than expected: the potential Senate deal now includes a version of the corporate minimum tax the House passed late last year, as well as a package of energy provisions similar in size to the House-passed bill. However, and this is the punchline, the Goldman strategist finds that “the fiscal impact remains limited” and warns that “over the next few years, it looks unlikely that this bill would change the fiscal impulse by more than 0.1% of GDP, as new spending and new taxes roughly offset and, in any case, both are fairly small in absolute terms.”

    Goldman concludes that while the details are still apt to change – the tax increase might shrink even more – this version of the bill looks fairly likely to become law, although “the omission of any changes to state and local tax deductibility raises some questions about House passage.”

    Below we excerpt from the Goldman note (the full pdf available to pro subscribers)

    The fiscal deal that looked increasingly likely now also looks a bit broader than expected. In a surprising turn of events, Senate Majority Leader Schumer (D-N.Y.) announced an agreement (summary here, text here) with Senator Manchin (D-W. Va.) on a somewhat broader fiscal package than we and most others had expected. Instead of limiting the package to Medicare drug pricing changes ($288bn/10yrs in savings) and two year extension of health insurance subsidies ($22bn/yr), the deal also includes $369bn/10yrs in energy and climate incentives and one additional year of health insurance subsidies, funded by a 15% minimum tax on corporate book income for companies with more than $100 million in domestic income/$1 billion in global income (raises $313bn/10yrs in tax revenue), and extending the minimum holding period for taxation of carried income at the long-term capital gains rate to 5 years from the time a fund acquired substantially all of its investments ($14bn/10yrs). In both cases, the tax increases would take effect from 2023.

    The net fiscal impact of these policies looks likely to be very modest, likely less than 0.1% of GDP for the next several years. Exhibit 1 provides a rough estimate, based on the cost estimates of the Senate drug pricing language released a few weeks ago, and estimates of the relevant tax provisions and energy provisions from the House-passed bill. While the final outcome is likely to differ in details from those provisions, the fiscal impact is likely to be similar.

    The bill is called the “Inflation Reduction Act of 2022” but the individual provisions it includes appear to be substantially the same as prior bills. In theory, the drug pricing provisions could impact the prices that Medicare-eligible consumers pay for drugs, but those changes would not take effect until 2026. Likewise, the renewable energy provisions are unlikely to have a near-term impact on energy–and in particular, gasoline–prices and are instead focused on medium term investment and production. We note that while the summary from Sen. Manchin’s office mentions energy permitting changes, it is unclear whether this “reconciliation” bill could include such regulatory changes, as those are generally precluded by Senate rules prohibiting non-fiscal matters from inclusion in reconciliation legislation.

    The legislation will probably still change. It seems likely that there will be some additional changes on the tax side. It is unclear whether the carried interest tax changes will pass as written, and there is a fair chance they could still be removed from the bill before passage. Additional carve-outs to the minimum tax proposal look likely, as various constituencies try to preserve the ability of corporations to take advantage of specific tax deductions and credits when companies pay the minimum tax.

    Passage looks likely, but not guaranteed. It is not yet clear whether virtually every Democrat, whose support will be needed to pass the bill in the House and Senate, will be willing to vote for this agreement. Our expectation is that they will, but there are still obstacles. The most obvious is the omission of any expansion of the state and local tax deduction, which some House Democrats have insisted be included in return for their support.

    More in the full note available to pro subscribers in the usual place.

    Tyler Durden
    Thu, 07/28/2022 – 18:41

  • FDA Warns Puberty-Blockers May Cause Vision-Loss In Children
    FDA Warns Puberty-Blockers May Cause Vision-Loss In Children

    Authored by Mimi Ngyuen Ly via The Epoch Times (emphasis ours),

    The U.S. Food and Drug Administration recently added a warning to the labeling of gonadotropin-releasing hormone (GnRH) agonists—also referred to by many as puberty blockers—saying the drugs may cause a series of symptoms in children that include headaches, pressure buildup around the brain, and vision loss.

    Signage is seen outside of the Food and Drug Administration (FDA) headquarters in White Oak, Md., on Aug. 29, 2020. (Andrew Kelly/Reuters)

    The warning, announced by the agency on July 1, says there is a risk of pseudotumor cerebri in children who take GnRH agonists.

    Pseudotumor cerebri, or idiopathic intracranial hypertension, is when the fluid around the brain and spinal cord builds up in the skull for no obvious reason, causing high pressure that affects the brain the nerve in the back of the eye, the optic nerve.

    “The new warning includes recommendations to monitor patients taking GnRH agonists for signs and symptoms of pseudotumor cerebri, including headache, papilledema, blurred or loss of vision, diplopia, pain behind the eye or pain with eye movement, tinnitus, dizziness and nausea,” the FDA announced.

    GnRH agonists stop the production of the hormones estrogen and progesterone that are involved in the physical changes a person undergoes during puberty. They are FDA-approved for the treatment of central precocious puberty—a condition where children experience premature puberty: in girls, this is before age 8, and in boys, before age 9.

    GnRH agonists are also used to treat other conditions such as endometriosis, uterine fibroids, precocious puberty, and infertility.

    The class of drugs is also being used off-label by some medical practitioners who prescribe them to children who experience gender dysphoria. The drugs can only be prescribed to children under 18 if the parents or guardians consent to the approach. Off-label means that GnRH agonists have not been approved by the FDA for this purpose.

    GnRH agonists products include Lupron Depot-Ped (leuprolide acetate), Fensolvi (leuprolide acetate), Synarel (nafarelin), Supprelin LA (histrelin), and Triptodur (triptorelin).

    ‘Plausible Association’

    The FDA had identified six cases that “supported a plausible association between GnRH agonist use and pseudotumor cerebri,” it said. The cases were identified via a risk assessment that included reviewing safety data submitted by GnRH agonists manufacturers, searching the FDA Adverse Event Reporting System, and conducting a literature search.

    “Six cases were identified that supported a plausible association between GnRH agonist use and pseudotumor cerebri. All six cases were reported in birth-assigned females ages 5 to 12 years,” the FDA stated.

    Five were undergoing treatment for central precocious puberty and one for transgender care,” the agency said. “The onset of pseudotumor cerebri symptoms ranged from three to 240 days after GnRH agonist initiation.”

    Of the six cases, five experienced visual disturbances, five experienced headache or vomiting, three had papilledema (swelling of the optic nerve), one had blood pressure increase, and one had weakness in a nerve responsible for eye movement.

    Read more here…

    Tyler Durden
    Thu, 07/28/2022 – 18:30

  • "Tipping Point": DC Mayor Calls For National Guard To 'Indefinitely' Help With Bussed-In Migrants
    “Tipping Point”: DC Mayor Calls For National Guard To ‘Indefinitely’ Help With Bussed-In Migrants

    With busloads of migrants arriving from Texas to the nation’s capital, DC has reportedly reached a “tipping point” after just 4,000 of them, causing Mayor Muriel Bowser to request that the DC National Guard be activated “indefinitely” to help with the situation, NBC4‘s Mark Segraves reports.

    What’s more, she wants to use the DC Armory as a processing center.

    Bowser’s request comes a week after Fox5 reported that the migrants were “overwhelming aid group” that are trying to help process the influx. 

    Groups like the Migrant Solidarity Network are there to welcome the buses and assist the migrants in getting to their destinations but Barnard reports the groups are receiving little to no assistance from local and federal government.

    Barnard says some of the migrants he spoke with are hoping to get to other destinations. Some are hoping to stay in D.C. and find works. Others are trying to get back to Texas.

    In April, Texas Gov. Greg Abbott (R) announced that the Texas Division of Emergency Management (TDEM) would provide charter buses or flights to transport illegal immigrants released into the US by the feds, to D.C.

    Abbott’s order came in response to the lifting of Title 42 by the Biden administration (which was subsequently blocked by a Louisiana judge, which the Biden admin has appealed) – a CDC order that was invoked in March 2020 under President Donald Trump to minimize the spread of COVID-19 by ensuring that only essential travel occurred at U.S. borders.

    It directed that illegal immigrants could be quickly expelled back into Mexico as a pandemic precaution, rather than be processed under Title 8 immigration law, which is a much more protracted process inside the United States.

    Meanwhile, two weeks ago House Democrats adopted an amendment giving Bowser authority over the city’s national guard.

    As Trump adviser Stephen Miller said in response to the report, “The “tipping point” for the country was Biden opening our borders to *millions* of illegal aliens from every corner, and almost every county, on planet earth.”

    Tyler Durden
    Thu, 07/28/2022 – 18:10

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