Published Date: July 13th, 2020
DRUMBEATS OF THE EPOCALYPSE, US CORPORATIONS SET TO COLLAPSE, OPEN LETTER CHALLENGE ON CENSORSHIP
Threats to Ghislaine Safety, Free Will Declaration, EMP Preparations, EU Radiation Exposure, No V Recovery, Police Defunding, Aid Request to Blue Mayors, China Depopulation Strategies, Durham Delays, Iran Explosions, New Covid Numbers Unjustified, Declassified X-Files
Drumbeats of the Epocalypse: The Economic Death March Has Come to Town!
The coronavirus pandemic inflicted a “swift and massive shock” that has caused the broadest collapse of the global economy since 1870 despite unprecedented government support, the World Bank said.…
“This is a deeply sobering outlook, with the crisis likely to leave long-lasting scars and pose major global challenges,” said World Bank Group Vice President for Equitable Growth, Finance and Institutions Ceyla Pazarbasioglu….
The depth of the crisis will drive 70 to 100 million people into extreme poverty.
The Depression is deep, and the pain is wide.
Yet, the NADAQ is a rocket, attempting to break out of earth’s atmosphere. As I wrote several days ago and reiterated yesterday, saying I’d follow up with greater detail today, this bubble in stocks is the most extreme euphoria ever seen. It will, however, blow when the initial burst of good news from reopening gives way to the reality of all that did not recover after reopening.
That endless lineup of headlines is arriving now.
Since COVID-19 has been rebuilding its claimed outbreaks around the nation in the news, the market has become troubled, knocking the S&P 500 and the Dow back down to that seemingly magical 61% retracement fibonacci line on the charts that really big rallies after really big crashes like to top out at.
As I mentioned yesterday, the Nasdaq has pressed on ahead in a tear. Here is how it looks relative to the rest of the economy (GDP). See if this picture looks stable to you:
And how well did that work out last time?
“Ahh,” you may say, “but this time it is only because then denominator (GDP) has crashed so hard.”
“Nay,” I say.
It is also because, in six days, the five top stocks in the NASDAQ have added half a trillion dollars to the market’s value; and, since the start of this wondrously promising year, they have added 1.6 trillion! All but one of these companies have claimed a heady position in the trillion-dollar-company club.
I’m sure that is not because their businesses have become so much more promising during 2020, earning this appreciation.
As Sven Henrich notes,
That would be a feat during any bull market during times of great growth, but in a historical recession?
So, while the Dow and the S&P got decapitated the second a new COVID-19 surge took the headlines back, the NASDAQ has continued to be a riot of irrational enthusiasm.
A growing drone of doomsayers
In June, one of the great bubble-blowing predictors of market madness joined with me (unbeknownst to him and for his own reasons of course) in calling out this madness:
Stock-market legend who called 3 financial bubbles says this one is the ‘Real McCoy,’ this is ‘crazy stuff’
Jeremy Grantham, co-founder and chief investment strategist at Boston-based money manager Grantham, Mayo, Van Otterloo & Co., [offered] up a stark warning to speculators driving the stock market to new heights amid the greatest pandemic of the past century….
“My confidence is rising quite rapidly that this is, in fact, becoming the fourth, real McCoy, bubble of my investment career. The great bubbles can go on a long time and inflict a lot of pain but at least I think we know now that we’re in one. And the chutzpah involved in having a bubble at a time of massive economic and financial uncertainty is substantial.“
Gratham painted a very dire picture of the investment landscape in the U.S., suggesting that rampant trading by out-of-work investors and speculative fervor around bankrupt companies, including car-rental company Hertz Global Holdings Inc. … reflects a market that may be the most bubblicious he’s seen in his storied career.
“It is a rally without precedence,” he told CNBC, noting that the run-up comes amid a period in which U.S. economic health is at a low point, with millions of people out of work and bankruptcies likely to continue to rise due to a slowdown in business activity and closures that have come in the aftermath of lockdowns implemented to curb the spread of the deadly COVID-19 pathogen….
Grantham is worth paying attention to due to his prescient calls over the years. He said that stocks were overvalued in 2000 and again in 2007, anticipating those market downturns.
Grantham was one of the clear-eyed people in 2000 who could look at the graph above and say it was a picture of fabulous nonsense. And this time, the graph says it is worse, and Grantham says it is worse. This time, he’s saying this stock bubble is the greatest and craziest of them all.
Grantham indicated his firm has moved to zero exposure in stocks, and he recommends others make that shift, too. And he said that nearly a month ago! Imagine what he thinks of the nonsense now.
In my last article I described three main aspects of the economy that show massive permanent business closures as a result of the first shutdown. Imagine how much worse it becomes as the knock-on effects that are continue to develop. Then imagine how much worse it becomes if any states that go back into a shutdown.
BUT THE NASDAQ KEEPS CLIMBING thanks to the fabulous five!
Second quarter 2020 came and went like a California wildfire. The economic devastation caused by the government lockdowns was swift, the destruction immense, and the damage lasting. But, nonetheless, in Q2, the major U.S. stock market indices rallied at a record pace.
The Dow booked its best quarter in 33 years. The S&P 500 posted its best performance since 1998. And the NASDAQ had its biggest increase since 1999…jumping 38.85 percent in just three months.
The economy, on the other hand, was severely scorched. Decades of debt had built up like dead wood amongst a forest understory. Then, at the worst possible time, government lockdown orders sparked a match and set it ablaze.
News of plague turns for the worse
We are now entering the phase I talked about for July where the good news from reopening starts to fade, and we get to see how much didn’t recover. Now we start to find out how much is permanently lost and, by the end of the month, we start to see the bankruptcies and foreclosures lining up like a soup line in front of the courts. Then, in August, the business dominoes start to topple because of the businesses that have already collapsed that other businesses depend on.
In this article, I’m going to start laying out the parade of facts that reveal how much did not recover during reopening. First, here was the news three weeks ago that clipped the heads off the Dow and S&P:
Coronavirus cases rise in at least 9 U.S. states, while Fed’s Powell tells Congress unemployment benefits should be extended. U.S. stocks slumped in the final hour of trade Wednesday to end three days of gains, as investors monitored signs of a revival of the coronavirus pandemic in some U.S. states and China, while still hoping for a quick economic recovery as business activity resumes….
Investors monitored the trajectory of new coronavirus cases, as business activity resumes after lockdowns, along with a fresh outbreak in China, but the focus remains on the path to economic recovery, amid some progress in developing therapeutic drugs and vaccines against COVID-19….
Meanwhile, Arizona, Florida, Oklahoma, Oregon and Texas all saw record increases in new cases on Tuesday, while hospitalizations in Texas, Nevada and Florida hit records, according to Reuters….
China canceled flights to and from Beijing, restricted movement of people, and closed schools in the capital city, after 137 new cases were reported in recent days….
“If COVID-19 were to get so bad this fall that the economy had to totally shut down, stocks would fall and fall hard. But right now, even with a surge, the general consensus is that the economy won’t completely shut down again,” said James Meyer, chief investment officer at Tower Bridge Advisors….
We all know now how that return of the COVID story went. The news just continued to grow worse. Whether the cases of disease are rightly reported or not, this is the news that has dominated, and it is the news governors will certainly be responding to as they consider whether or not to remain open for business. Some of them have already begun winding back toward closure.
So, good luck with the idea that the economy will not shut down again! It’s already doing it in statewide moves. Trump may rail against it at a national level, but his own health advisors have been saying we need to move back in the direction of closure, and numerous states have shown they are free to ignore Trump on this issue, which they did when they chose the last lockdown against his express will.
So, that’s a heck of a thing to be banking on!
A Staggering Number of Businesses Are Set to Collapse as COVID-19 Continues to Accelerate
Written by Nathan McDonald, Sprott Money News
Despite the chaos of the world around us, despite spiking COVID-19 cases, and despite a record number of businesses shuttering their doors (many never to re-open again), markets remain relatively healthy.
(Chart source, google finance)
This obviously defies all common sense and rationality, but that is unfortunately the world we live in now—an artificial world, where the markets are driven purely by wild speculation and grotesquely negligent money printing.
Although there is a “recovery” story to be had, we are far from it. And the current state of affairs in the markets is nothing more than an illusion, like so many other parts of our economy.
The stark truth of the matter is that the world is a mess at the moment, with political strife, upheaval, and chaos coming from all directions. And we have come nowhere close to peak boiling temperatures.
COVID-19 Continues to Accelerate Worldwide
One such form of disruption and arguably the world’s biggest immediate problem is the coronavirus pandemic. Although far less deadly than at first predicted, it continues to spike across the globe, as the world suffers from the third straight record jump in new cases of COVID-19.
(Chart Source, Bloomberg)
Although many nations have gotten a handle on the pandemic for the time being, many others who originally thought to have had it in check are finding out that cases are surging once again, as restrictions have been steadily lifted over the last couple of months depending on the location.
However, there are a few key nations that have never truly gotten COVID-19 under control, and they are now seeing a drastic rise in both daily deaths and daily new cases. The United States, Hong Kong, Italy, Philippines, and India are just a few.
The United States is most heavily affected in four big states, including Texas, Florida, California, and Arizona. Other states are also adding to the total number of new cases in a lesser, but still meaningful way.
This comes at a time when the campaign cycle for the 2020 U.S. elections begins to enter full swing and people scrutinize every action or inaction on both the political left or right.
Businesses Continue to Collapse
The preceding lock-downs and the continued strain that COVID-19 has placed on the economic system has already taken a heavy toll on businesses, and it’s only going to get much worse before this crisis fully resolves itself.
We are now beginning to see the first true COVID-19 damages being reflected in large business earning reports, and as expected, they are severe.
Walgreens recently joined those businesses— such as Hertz and many others I previously reported on—who have already fallen victim to the economic disaster. The pharmacy chain recently revealed the damage that has been inflicted upon their earnings over the last few months, missing estimates wildly.
As reported by Zerohedge:
“Adjusted earnings for Walgreens third fiscal quarter (comprising the three months ending in May) came in at 83 cents per share, down 43.5% YoY. That was well shy of the Wall Street consensus estimate of $1.18 per share. Group revenues rose 0.1% to $34.6 billion, just below analysts’ projections for $34.35 billion.”
Unfortunately, we should expect a tidal wave of horrendous earnings coming our way, especially when you take into consideration that Walgreens is much better positioned to weather a virus pandemic than other businesses, whose goods would be deemed less vital during the same period of uncertainty.
(Chart source, Trepp)
As Trepp’s recent CMBS (Commercial mortgage-backed securities) remittance report indicates, we have a major problem on our hands, as the percentage of CMBS who are now considered delinquent in payment has exploded higher.
This is a level we have not seen since 2012, and it paints a very bleak picture of the future for businesses, which were already under heavy pressure due to the highly competitive and rapidly accelerating online business model prior to the additional stressors of 2020.
In their latest report, Coresight Research estimates that a staggering, additional 25,000 stores may shutter in the remainder of 2020 alone.
As we head into 2021, things will likely only get worse, especially if the lockdowns resume this fall. The “second wave” of COVID-19 expected to accelerate across the United States and other parts of the world could place the final nail in the coffin for businesses who were just barely getting by.
Intervention is the Name of the Game
Governments are stuck between a rock and a hard place, and many people already believe they have no choice other than to let COVID-19 run its course, lest the coming economic fallout result in more deaths than the virus itself. Fortunately this is not a decision I have to make, and I do not envy anyone who does, as it is a lose-lose situation.
However, all of this negative news is heading us into the direction of more intervention, more money printing, more collapses, and rapidly increasing debt creation the world over.
(Chart source, goldprice.org)
These are just a few of the many reasons why we are seeing gold and silver bullion rally higher once again, as people seek safe haven assets to help weather the current storm and the future tsunami that is coming.
Future gains are likely to continue, with a “great reset” higher in prices eventually unfolding in rapid succession, as the masses begin to finally realize the situation the world economy finds itself in.
Until then, stay safe and keep stacking.
Binney & Sullivan: An Open Letter Challenge To Twitter CEO Jack Dorsey On Censorship
Authored by Jason Sullivan and Bill Binney,
Open Letter to Jack Dorsey…
The American People and Social Media
“We seek a free flow of information… we are not afraid to entrust the American people with unpleasant facts, foreign ideas, alien philosophies, and competitive values.”
– John F. Kennedy, February 1962
Dear Mr. Dorsey,
At the September 5, 2018, U.S. Congressional Hearing in which you gave testimony under oath, you stated, in part:
“Twitter does not use political ideology to make any decisions, whether related to ranking content on our service or how we enforce our rules. We believe strongly in being impartial, and we strive to enforce our rules impartially. We do not shadow ban anyone based on political ideology. From a simple business perspective and to serve the public conversation, Twitter is incentivized to keep all voices on the platform.”
What we now know, thanks to multiple media investigations, is that; not only is Twitter engaged in censorship, but that it also openly weights its decisions by subjective terminology like “highest potential for harm” meant to obscure its motive of silencing any opposition to the mainstream narrative of both political “sides.”
At its inception, America was intended to be a free and open society, a land of opportunity where common people could freely express their thoughts and ideas, a place where Americans could practice freedom of religion, freedom of speech and freedom of assembly without fear of persecution. Throughout the history of our great nation, brave men and women have fought and died to protect these God-given inalienable rights. That is why the Founding Fathers wrote protections into the Bill of Rights for the generations to come. Thomas Jefferson insisted on the 1st Amendment, and swore upon an altar of God against all forms of tyranny over the mind of man.
It is the great wisdom and divine vision of our Founding Fathers that is responsible for propelling America’s trajectory to become the greatest nation on earth, both admired by those inspired by its idea and feared by those who oppose the light of truth it represents.
President Harry S. Truman said:
“Once a government is committed to the principle of silencing the voice of opposition, it has only one way to go, and that is down the path of increasingly repressive measures, until it becomes a source of terror to all its citizens and creates a country where everyone lives in fear.”
Our Founding Fathers drafted the Bill of Rights not to protect popular speech or the popular majority, but to protect the rights of the minority, lest they fall silent and all real social progress cease. By attempting to make polarized views inaccessible, you effectively shut down the discussion of ideas born out of the flaws in the current system, creating a two-sided echo chamber that neither enlightens people nor helps society grow.
It prevents people from engaging in quality discourse over any ideology that subjectively may “offend” people on all sides.
This Orwellian tactic represents the wishes of citizens on either side of the aisle, but perfectly captures the profit-driven motive behind the corporate stance. That no opinion except the popular view of the moment need be allowed. The popular opinion can be shaped by the controlling interests of the corporation that holds the medium hostage. After all, in a world where lines of division are controlled and silenced, new generations of people being immersed in only an ofGicial narrative will have little other recourse for truly free thought.
We understand that social media is not the government and that companies such as Twitter are private entities. Yet at what point does a private body expand beyond using this excuse to shelter themselves from accountability for their provably suspicious behavior, and enter the realm of being a public service used by billions of people the world over?
Twitter is not just a messaging board. After all, it aggregates news, offers content suggestions based on meticulously created algorithms that track a person’s every click. It is designed to create and maintain echo chambers and censor out any offending opinions. This creates a dangerous precedent, especially in terms of abusing its power to shape public opinion along controlling party lines actively.
For example, the very powerful Democratic Congressman, Adam Schiff, chair of the Congressional Intelligence Community, wrote a letter to the top social media platforms, urging them to censor discussions of vaccine injuries, which certainly do occur. The Vaccine Injury Compensation Program has paid out over $4 billion for vaccine injuries since its inception in December 1987. Yes, there are those who, in misplaced zeal, offer opinions less than worthy of note. Still, there should never be a point where a multi-billion dollar corporation steps in and removes people’s ability to actively discuss issues like this on either side of the aisle. Healthy discussion, after all, is what leads to progress, spurs forward innovation, and motivates accountability across the board.
President John F. Kennedy said:
“The very word “secrecy” is repugnant in a free and open society; and we are as a people inherently and historically opposed to secret societies, to secret oaths, and to secret proceedings. We decided long ago that the dangers of excessive and unwarranted concealment of pertinent facts far outweigh the dangers which are cited to justify it. Even today, there is little value in opposing the threat of a closed society by imitating its arbitrary restrictions. Even today, there is little value in ensuring the survival of our nation if our traditions do not survive with it. And there is very grave danger that an announced need for increased security will be seized upon by those anxious to expand its meaning to the very limits of official censorship and concealment.“
By their very nature, social media platforms have become the dominant platform in the exchange of information and ideas. Technology’s inexorable march into the Digital Age has created a connected world, a communications platform without peer or precedent. Whether by design or not, social media has become the largest and most powerful public forum on the planet. As you duly noted in your testimony, Twitter and other platforms have created a true “global public square.”
Why would any American-based platforms intentionally design their rules or weight their “community standards” toward one group of views over another, in direct conflict with the protections of the 1st Amendment of the United States? Any “community standard” practices less than or not equal to the 1st Amendment standards would essentially be unAmerican, wouldn’t it?
In 2017, the U.S. Supreme Court recognized (in a unanimous opinion) that social media platforms are the most important platforms for the exchange of information and ideas. That is why so many people, government officials, human rights agencies, and activists are working around the clock to protect “equal and fair” access to social media for all of the people, even if someone’s ideas are unpopular or controversial.
The more profound question then becomes: With evidence mounting to support the fact that censorship not only occurs but often leans toward the moderator’s individual biases or those few interests who control the moderator, at what point do we look at the equation and note the collusion that takes shape? What begins to appear out of the murky water of legalese excuses is a distinct pattern of systematic control exercised by a few interests who can weight and shape the landscape of public opinion with a dangerous amount of unchecked power.
The fact is, that for all the excuses put forward, the lies given to not just the American People, but the citizens of the global community at large, the provability of censorship to a startling degree is not only easy to see, but can be identified with cold sets of data, and be recreated and shown to the masses.
Pursuant to the above, I, Jason Sullivan (aka “The Wizard of Twitter”), along with Bill Binney (former NSA Lead Technical Director and developer of its surveillance metadata program Thin Thread) hereby challenge you, Jack Dorsey, CEO of Twitter, that your company systematically and aggressively censor “free speech” on your ubiquitous platform concerning the following three criteria.
1. Twitter shadowbans ( including “deboosting” people and hiding their words to more substantial audiences “based on larger political success of their corporate ideology.
2. Twitter censors religious and medical freedoms that subvert human rights. (while promulgating some alarming content that Gits their broader agenda.)
3. Twitter removes and physically deplatforms voices that challenge its views and ideology while lifting similar content; it deems in line with its own goals.
We are intent on proving these facts beyond a shadow of a doubt and are fully prepared to do so.
Mr. Dorsey, please prove us wrong. Please show to the American people and us that you do not shadow ban based on political views; you do not censor religious and health freedom views; and you do not censor voices dissonant with your personal views.
Please provide this evidence to the public within seven days. If you would like to discuss how to do that best, please contact us. We look forward to the evidence of testimony before Congress and the President of the United States. We look forward to your timely response.
Jason Sullivan [aka The Wizard of Twitter]
Bill Binney [former NSA Lead Technical Director]
This Week’s Global News At a Glance
Namibia has recorded a drastic drop in rhino and elephant poaching cases in the past three years because of improved response mechanisms, the government said yesterday. Minister of environment Pohamba Shifeta said the country has seen a reduction in rhino poaching numbers from 78 cases in 2018, 49 in 2019 and 17 so far this year. For elephants, the minister detailed a reduction from 27 in 2018, 13 in 2019 and two so far this year.
A Nigerian influencer who posted photos of his life of luxury amassing 2.5 million Instagram followers was kidnapped by the FBI from Dubai, his lawyer has claimed. In June Ramon Olorunwa Abbas – known to his followers as Ray Hushpuppi – and another man – Jacob Ponle (aka Mr Woodberry) – were both arrested in Dubai under suspicion of a £350 million cyberscam. The FBI and Dubai police stormed the 37-year-old’s apartment in the city seizing more than £30 million in cash, before the pair appeared in a Chicago court on July 3. However, the United Arab Emirates has no extradition treaty with the United States, and Mr Abbas’ lawyer – Gal Pissetzky – has said that the FBI and U.S. government acted illegally in transporting him from Dubai. ‘In my opinion, the FBI and the government here acted illegally when they kidnapped him from Dubai without any legal process to do so,’ Mr Pissetzky said to the BBC. ‘There was no extradition, there were no legal steps taken, there were no court documents filed, it was simply a call to the FBI. He is not a citizen of the United States, the U.S. had absolutely no authority to take him.’
Big masses of snow have turned pink in the Italian Alps, creating a “watermelon” colour in parts of the Presena Glacier, located in the Italian mountain region of Trentino-Alto Adige. Numerous photos from the area show a light-pink shade of snow, visible even on satellite photos. According to Italian scientists, the strange phenomenon is likely a result of Chlamydomonas Nivalis algae growth, which is not dangerous by itself but may accelerate ice melting, as it makes snow darker.
A French man could be executed by a firing squared in Indonesia after being accused of molesting more than 300 children and beating those who refused to have sex with him. Police said they arrested pensioner Francois Abello Camille, 65, last month at a hotel in Indonesia’s capital Jakarta, where they discovered two underaged girls in his room. Camille faces death by firing squad or life in prison if convicted on the raft of charges – including accusations he filmed the illicit encounters – under Indonesia’s child protection laws. Investigators say they found videos on Camille’s laptop computer that showed him performing illegal sex acts on hundreds of children aged between 10 and 17. ‘He would approach children and lure them by offering them work as models,’ Jakarta police chief Nana Sudjana told reporters. ‘The ones who agreed to have sex with him would get paid between 250,000 and one million rupiah ($17-70).
Former New York corrections deputy warden warns feds can’t keep Ghislaine Maxwell safe at Metropolitan Detention Center.
Outside of the Wall Street executives that did business with child sex trafficker Jeffrey Epstein, his first lieutenant, Ghislaine Maxwell, knows more about his Wall Street secrets than any other living person. Maxwell was arrested and indicted by the U.S. Attorney’s Office for the Southern District of New York (part of the U.S. Justice Department) on July 2, less than two weeks after the head of that office, Geoffrey Berman, was abruptly fired from his job by Attorney General William Barr. Berman’s former Deputy, Audrey Strauss, conducted the press conference regarding the Maxwell arrest. We immediately noticed a peculiarity about the indictment document provided by Strauss. It covered only a brief 4-year period, running from 1994 through 1997. One of the main accusers of Maxwell, Virginia (Roberts) Giuffre, has credibly indicated in previous court filings that Epstein and Maxwell sexually abused her “between 1999 and 2002.” That should lengthen the scope of the indictment by five additional years. The Southern District of New York, home to some of the biggest and most powerful Wall Street banks and their attorneys, who cycle in and out of jobs in that office, might have a strong reason to want to keep Giuffre’s claims out of this case. Giuffre has stated the following in a previous court filing against Epstein: “In addition to being continually exploited to satisfy Defendant’s every sexual whim, Plaintiff was also required to be sexually exploited by Defendant’s adult male peers, including royalty, politicians, academicians, businessmen, and/or other professional and personal acquaintances…most of these acts of abuse occurred during a time when Defendant knew that Plaintiff was approximately 15, 16 and 17 years old…” The youth-focused charity said it paid honoraria to Trudeau’s mother, Margaret, amounting to C$250,000 (US$184,000) for speaking at about 28 events, while his brother Alexandre spoke at eight events and received about C$32,000 (US$23,540). The events took place between 2016 and 2020.
Canadian charity in Justin Trudeau ethics probe paid over US$200,000 to PM’s mother and brother. Prime minister under investigation for conflict of interest after government awarded US$660 million contract to WE Charity.Organisation said last week it would no longer be administering the student grant programme for which the contract was awarded. The Canadian charity at the heart of a conflict-of-interest investigation into Justin Trudeau disclosed on Thursday that it had paid the Canadian prime minister’s mother and brother a total of more than C$280,000 (US$206,000) to speak at events it organised. The WE Charity Canada statement confirmed earlier reports by news site Canadaland, as well as the Canadian Broadcasting Corporation (CBC).The youth-focused charity said it paid honoraria to Trudeau’s mother, Margaret, amounting to C$250,000 (US$184,000) for speaking at about 28 events, while his brother Alexandre spoke at eight events and received about C$32,000 (US$23,540). The events took place between 2016 and 2020.
At least $4 million in PPP loans went to a real estate company at the center of a federal bribery investigation involving a Los Angeles city councilman. Shenzhen New World Group, owned by Chinese billionaire Wei Huang, received two PPP loans for hotels it operates in Los Angeles. Charging documents against Huizar make it clear that the real estate company in question is Shenzhen New World Group, which is working on a 77-story skyscraper project in Huizar’s district. The Trump administration loaned between $4 million and $10 million in coronavirus relief funds to a real estate company whose chairman allegedly bribed a Los Angeles city councilman with nearly $260,000 in poker chips, escort services and $600,000 in payments to settle a sexual harassment lawsuit. Jose Huizar, the city councilman, was arrested on charges that he accepted $1.5 million in bribes to help the developers of various real estate projects in downtown L.A.
Attorney General Bill Barr should transfer Jeffrey Epstein’s alleged ‘madam’ to Rikers Island while her case plays out, as the Metropolitan Detention Center (MDC) in Brooklyn is ill-equipped to handle the high-profile inmate. “I don’t think the feds can handle these prisoners, such high-profile prisoners like Maxwell or Epstein,” former NYC Department of Corrections Deputy Warden Ed Gavin told Fox News’ Tucker Carlson on Wednesday. “If I were William Barr, what I would do is, I would seek to obtain a substitute jail order and I would try to have Ms. Maxwell placed on Rikers Island with the New York City Department of Corrections.” “In 2011, there was a female corrections officer there, she had sex on duty with eight employees,” he said. “Two of them were superior officers. She also had sex with two inmates … We [also] have a lieutenant and two corrections officers recently who were convicted of sexually abusing over 10 women … So I don’t think that that facility is capable of handling it [Maxwell], there’s just too much that’s gone on there recently, and I don’t think any female inmate should be housed there”.
A small fragment of fossilized dinosaur jawbone has been discovered by scientists in Alaska, granting further insight into the fauna of that region millions of years ago. According to phys.org, the bone fragment belonged to a “juvenile” dinosaur from the “dromaeosaurid” family of predatory dinosaurs “closely related to birds”, some of whose better-known members include Velociraptors, a breed popularized by the movie “Jurassic Park”. As the media outlet points out, while these dinosaurs “lived all over the world”, their bones are fairly delicate and “rarely preserve well in the fossil record”, thus hampering researchers’ efforts to study how they moved between continents.
Customs officers in Russia’s major eastern port city of Vladivostok have seized a civilian helicopter from Germany that recorded 55 times the permissible levels of radiation, a spokeswoman for the city’s customs service said on Tuesday. “A civilian helicopter (Bo 105) with 55 times the permissible levels of radiation was discovered by customs officers at the Vladivostok sea checkpoint. The hazardous radioactive object had arrived from Germany in a container bound for a Russian company,” the spokeswoman, Asya Berezhnaya, told reporters. According to Maksim Shesternin, the head of the regional customs control division for radioactive materials, a reading of more than five microsieverts per hour was observed when the helicopter was examined. Since the beginning of 2020, customs officers in Vladivostok have identified 14 separate objects bound for Russia that have exceeded the permitted levels of radiation.
Astronomers in Australia have discovered four unexplained circular objects, each with an unusual glow, that defies current understanding and may represent a new type of phenomenon hitherto unseen by humanity. The brightly-edged, ring-shaped objects, dubbed odd radio circles, or ORCs for short, were discovered by astrophysicist Professor Ray Norris using the Australian Square Kilometre Array Pathfinder (ASKAP) telescope. He happened upon the unexplained phenomena while mapping the night sky as part of the Evolutionary Map of the Universe (EMU) project. The ORCs represent a new type of object found in radioastronomy images,” Norris says in a yet to be peer-reviewed paper. The professor theorized that they represent a “spherical shock wave” from an “transient event” in another galaxy. Another possible answer is that they are a new category of a known phenomenon seen from a fresh angle. “Such as the jets of a radio galaxy or blazar when seen end-on, down the ‘barrel’ of the jet,” Norris explained. Three of the four were spotted in 2019 while the remaining one was discovered in data from 2013 collected by the Giant Metrewave Radio Telescope in India.
In the United States, two-thirds of police cars are Fords. Now, some Ford employees want to put a stop to that, with a number of black and white workers penning a letter demanding that the car manufacturer backs out of the police market. The internal letter is made out to Ford’s CEO Jim Hackett, it states that throughout the company’s history “the vehicles that Ford employees design and build have been used as accessories to police brutality and oppression” and that the car maker has exacerbated “racist policing practices that plague our society.”
A survey of hundreds of Russian medics has revealed that almost 60% do not believe official figures on the effects of the Covid-19 pandemic in Russia to be accurate. The poll, carried out for pan-European researchers ESOMAR, found that almost half of the 502 respondents (49%) think the authorities have underestimated cases of coronavirus infection. 47% expressed the view that the number of deaths from the disease are higher than reported. The official sickness and death figures are trusted by 23% and 21% of doctors respectively, while nine and 11% of respondents actually think that the authorities are overstating the numbers. More than half of the medics questioned have experience working with patients with Covid-19 symptoms. 16% of them worked directly with those infected by the coronavirus.
Retired Admiral and former Navy SEAL McRaven, best known for organizing and executing Operation Neptune Spear, the 2011 special ops raid to kill al-Qaeda leader Osama bin Laden, has stepped up his criticism of the US education system, this time focusing on kindergarten to grade 12. “When I was chancellor [of the University of Texas] I would have a lot of town hall meetings, or meetings with our alumni, and that question [of K-12 education] always came up,” McRaven said, speaking at the online Aspen Ideas Festival conference last week. “They would always ask…’What’s your Number 1 national security issue?’ I think my answer always surprised them. I said ‘K through 12 education’… I stand by that. And it wasn’t because I was chancellor. It was because I recognize that unless we are giving opportunity and a quality education to the young men and women in the United States, then we won’t have the right people to be able to make the right decisions about our national security. They won’t have an understanding of different cultures, they won’t have an understanding of different ideas. They won’t be critical thinkers.”
South Korean police said on Thursday they are searching for the mayor of Seoul, Park Won-soon, after his daughter reported him missing. The Seoul Metropolitan Police Agency said officers were searching for him around Sungbuk-dong, a district in northern Seoul, where his phone signal was last detected. His daughter reported him missing at 5:17 p.m. (0817 UTC) and said his phone was off. Park left the official residence at around 10:40 a.m., wearing a black hat and a backpack, having cancelled a policy meeting that was scheduled for Thursday morning, according to multiple local reports. Update – Longtime Seoul City Mayor Park Won-soon was found dead. The mayor’s body was found at Mt Bugak in northern Seoul around midnight, near where his phone signal had last been detected, the Seoul Metropolitan Police Agency said. The agency did not give a cause of death.
Ghislaine Maxwell will use her secret copies of the late financier’s sex tapes to avoid prison, her former friend told the Daily Mail. “She has copies of everything Epstein had. They could implicate some twisted movers and shakers,” adding that “Ghislaine has always been as cunning as they come. She wasn’t going to be with Epstein all those years and not have some insurance.” The friend also stressed that “Not only did Epstein like to capture himself with underage girls on camera – he wanted to make sure he had something to hold over the rich and powerful men who took advantage of his sick largesse,” adding that “I’ll bet anything that once it comes out that Ghislaine has those tapes these men will be quaking in their Italian leather boots. Ghislaine made sure that she socked away thumb drives of it all. She knows where all the bodies are buried and she’ll use whatever she had to save her[self].” Ghislaine Maxwell who certainly has many lurid secrets to tell.
They have their own governments, passports, citizens and even currency in some cases. But for various complicated reasons, a number of countries around the world do not officially exist, some are even left off maps. Guilherme Canever, a Brazilian author traveled to 16 unrecognized nations between 2009 and 2014 and recounts his experiences in his latest book “Unrecognized Nations: Travels To Countries That Do Not Exist,” which is released this month. Those that aren’t recognized by the UN are not formally acknowledged as countries, even if they’re recognized by other nations, and can face many struggles as a result. Canever became fascinated with disputed countries after visiting Somaliland, an aspiring country located in the Horn of Africa that has sought independence from Somalia since 1991. Others are Transnistria, Repubblic of Artsakh and Abcasia.
Brazilian President Jair Bolsonaro, who has tested positive for COVID-19, said on Facebook Thursday that he was “very well” and again advocated the use of the controversial drug hydroxychloroquine. Bolsonaro, 65, appeared in his weekly Facebook Live post at his official residence. He appeared to be in good shape and was not accompanied, as is often the case, by ministers or senior officials, and the usual sign language interpreter was not present. Since the beginning of the crisis, the far-right president has dismissed the seriousness of the epidemic and criticized containment measures ordered by governors in Brazilian states.
On July 3rd, Comet NEOWISE passed by the sun near the orbit of Mercury. The oversized nucleus helped it survive the encounter, which some comets would have found too hot to handle. Now NEOWISE’s sun-heated core is spewing massive amounts of dust and gas, creating a worldwide sensation.
“This morning, July 11th, I got a great view of Comet NEOWISE,” says Vincent Phillips of Hale village near Liverpool UK. “It was very easy to spot in the NNE before sunrise.”
Observing tips: Wake up about 90 minutes before sunrise, find a place with a clear horizon, and look northeast. The comet is visible to the naked eye as a fuzzy patch with a tail. Binoculars are recommended for full effect.
Plasma filaments are becoming more active, including an eruption off the NW limb. The sun is solidly entering Solar Cycle 25 here in 2020 (it takes 6-18 months to ramp back up to solar flaring).
July 11 2020
Europe – M4.3 Azores Islands, Portugal
North America – M4.0 Idaho
Central America – M4.2 Mexico
South America – M5.3 South Sanwich Islands
Asia – M4.9 Iran, North Philippines
Pacific – M5.0 Tonga
Deepest EQ – M4.3 623 km Fiji
This image shows the situation of the last 12 hours of movements towards Europe. The oldest earthquake is the M4.9 in Iran, around 10 UTC on July 10. There are two deep shocks, just over 200 km, of M4.1 and M4.3 in northern Afghanistan which occurred around 4 UTC today. Shortly before or at the same time there is also a ‘train’ of earthquakes in Turkey which has its head in the shock east of Crete in Greece of M4.2. A twin shock hit the Azores Islands in the late UTC morning. We will see if there will be the filling of the intermediate points with the most probable areas Italy and of the border area between Algeria and Tunisia, up to high M3 possible in both zones.
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