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Putin Suspends New START Nuclear Treaty, Puts Missiles On Combat Readiness

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Putin Suspends New START Nuclear Treaty, Puts Missiles On Combat Readiness

In a much anticipated speech on Tuesday, President Vladimir Putin said he is suspending Russia’s participation in the New START nuclear treaty with the United States. 

“President Vladimir Putin on Tuesday suspended Russian participation in the last remaining nuclear arms control treaty with the United States, warning Washington that Russia had put new ground-based strategic nuclear weapons on combat duty,” Reuters reports of the new declaration.

Via AP

It comes over a year after Moscow signed onto a five year extension, and after in August the US accused Russia of violating the treaty in disallowing US on-site inspections under its stipulations. In response, Washington halted Russian inspectors’ ability to do the same on American soil.

Russia had at the time complained that it was actually the US side which “deprive the Russian Federation of the right to conduct inspections on American territory.”

“No one should be under the illusion that global strategic parity can be violated,” Putin said of New START in the Tuesday remarks delivered in Moscow.

In March 2021 the two sides renewed New START for a period of five years, and it will expire in February 2026 if it’s not continued – an increasing possibility given US-Russia relations have deteriorated so fast over the Ukraine war they are near complete breaking point. But this new Putin declaration appears to be the final death knell after the treaty’s fate was already extremely uncertain.

The treaty is intended to limit and reduce nuclear arms on either side, setting a limit of no more than 1,550 deployed warheads and 700 missiles. START I began in 1991, with New START signed under the Obama and Medvedev administrations in 2010 as a successor agreement.

Putin’s speech, which most commentators saw little that was new in, came just after President Biden showed up in Kiev for a surprise visit…

Much of Tuesday’s speech was about reaffirming Russia’s resolve in Ukraine at a moment NATO powers seem more deeply involved than ever. “Step by step, we will carefully and systematically achieve the aims that face us,” Putin said in the speech which came just ahead of the anniversary of the invasion on Feb. 24, which will be Friday.

He also rearticulated Russia’s reasons for going to war. “Russia did its best to solve the problem in Ukraine peacefully, but the statements of Western leaders turned out to be fraudulent and untrue,” Putin said, calling Ukraine part of the “historical Russian land.”

Tyler Durden
Tue, 02/21/2023 – 07:15

Global Life Expectancy: Closing The Gap

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Global Life Expectancy: Closing The Gap

Aside from declining fertility rates and the trend towards smaller families, a global increase in life expectancies is the main driver behind the ongoing transition towards older societies.

As Statista’s Felix Richter reports, thanks to global progress in ensuring access to health care, sanitation, education and the ongoing fight against hunger, life expectancy is not only increasing around the world, but the gap between highly-developed regions and the rest of the world is gradually closing.

Infographic: Global Life Expectancy: Closing the Gap | Statista

You will find more infographics at Statista

According to the United Nations Population Division, global life expectancy at birth for both sexes has improved from 46.5 years in 1950 to 71.7 years in 2022 and is expected to rise to 77.3 by 2050.

Perhaps more importantly though, the global life expectancy gap is closing, with Asia in particular making rapid progress in catching up with Europe and North America.

Between 1950 and 2000, life expectancy in Asia increased by more than 25 years, cutting the gap towards North America and Europe from more than 20 years to less than 10 years.

By 2050, Asia is expected to have almost caught up with the Western world with its life expectancy reaching almost 80 years.

Despite rapid improvements, Africa is the only region expected to lag behind the rest of the world in life expectancy by 2050.

Tyler Durden
Tue, 02/21/2023 – 05:45

Pfizer Knowingly Allowed Dangerous Components In Its Vaccines

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Pfizer Knowingly Allowed Dangerous Components In Its Vaccines

Authored by Yuhong Dong M.D., Ph.D and Qinyang Jiang via The Epoch Times,

Pfizer’s COVID-19 vaccine contains mRNA fragments called “truncated mRNA.” This is a serious issue on top of the vaccine’s life-threatening safety events. Stunningly, Pfizer submitted falsified mRNA analytical reports to multiple health authorities.

The issue of truncated mRNA led the European Medicines Agency (EMA) to raise a “major objection” before its December 2020 conditional approval of the vaccine. What has happened? How have these issues been considered resolved? This two-part series article will address the matter in depth and examine its potential consequences for human health.

The exterior of the European Medicines Agency is seen in Amsterdam, Netherlands, on Dec. 18, 2020. (Reuters/Piroschka van de Wouw)

Summary of Key Facts

  • Pfizer’s COVID-19 vaccine contains truncated mRNA, which the EMA flagged as a reason for its “major objection,” indicating a preclusion of their approval.

  • Pfizer has not investigated the detrimental outcomes of truncated mRNA in its vaccines.

  • Pfizer submitted Western blot figures to the Food and Drug Administration (FDA) and the EMA that were digitally generated—not from actual experiments.

  • There has been an alarming lack of action taken by health authorities on this issue.

  • Truncated mRNA potentially contributes to multiple vaccine-related injuries, including misfolded spike protein-induced fibrous blood clots, autoimmune disorders, and cancer.

  • These problems with the Pfizer vaccine could have resulted in drastic product quality variations from batch to batch. This could explain the difference in adverse events experienced by vaccine recipients.

  • The root cause of such irresponsible conduct by pharma and health authorities is a lack of ethics.

When you go to a supermarket and want to buy 10 bottles of whole milk for your children, you usually assume the chemicals and concentrations in these 10 bottles are the same or similar. No one would expect five of the bottles to be filled with watered-down milk while the other five were filled with yogurt.

Most store-bought foods meet our expectations because of regulations and quality control. The same criteria also exist in the pharma industry, including vaccine products.

We expect consistent physical and chemical parameters of key ingredients across different batches of drug or vaccine products. Consistency is the foundation that allows patients and consumers to have confidence in the safety and effectiveness of medications.

The CMC process—short for chemistry, manufacturing, and controls—involves defining manufacturing practices and product specifications that must be followed to ensure product safety and consistency between batches. This is a mandatory criterion for global health authorities to approve a drug or vaccine.

Controlling the quality of a traditional chemical product is relatively straightforward, but for a biological product, like an mRNA, things become more complicated.

What Is Truncated mRNA? Why Does it Matter?

Our DNA contains gene codes composed of nucleotides. DNA makes proteins consisting of amino acids. Between the gene code and protein, there is a bridge molecule, a “translator”—called messenger RNA (mRNA).

The full-length mRNA sequence of the Pfizer vaccine coding for the spike protein is 4,284 nucleotides in length.

It consists of a 5′ CAP structure to prime its translation into a spike protein. It works like an ignition box of a car. At the end of the translatable region, the open reading frame, there is a stop codon, which is like a car’s brakes. If a truncated mRNA does not contain a stop codon, it fails to give a “brake” signal. The protein translation process will continue endlessly.

An mRNA translation into a protein and the role of the stop codon. (Courtesy: National Human Genome Research Institute)

Truncated mRNA’s missing stop codon is highly detrimental to humans. It can lead to the production of toxic protein products.

Pfizer’s COVID-19 Vaccine Contains Truncated mRNA

The EMA is responsible for approving all medicinal products for human use in Europe, including drugs and vaccines. The Committee for Medicinal Products for Human Use (CHMP) is the EMA’s committee responsible for interpreting the agency’s opinions.

In an EMA assessment report coded EMA/CHMP/448917/2021, the EMA requested that Pfizer address the impurities of its vaccine product, which the EMA report described as “truncated and modified mRNA.”

Pfizer’s report to the EMA clearly showed that Pfizer’s vaccine contained impurities, as indicated by “Peak 1” in the graph below, based on a screenshot from page 14 of the EMA’s August 2021 report.

Read more here…

Tyler Durden
Tue, 02/21/2023 – 05:00

How China Became Saudi Arabia’s Largest Trading Partner

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How China Became Saudi Arabia’s Largest Trading Partner

Over the past two decades, the economic presence of China has been growing significantly around the world.

The country has already surpassed the U.S. as the largest trading partner of developed nations such as Japan and the European Union.

But the world’s second largest economy is making significant inroads in the Middle East as well. As Visual Capitalist’s Freny Fernandes details below, this graphic by Ehsan Soltani uses data from the World Trade Organization (WTO) to chart Saudi Arabia’s trading history with the EU, the U.S, and China.

Evolving Trade Relations

With China’s imports from and exports to Saudi Arabia now exceeding the major oil-producing country’s combined trade with the U.S. and the EU, China has become Saudi Arabia’s dominant trading partner.

Saudi Arabia Net Trade by Year With China ($B) With U.S. ($B) With EU-27 ($B)
2021 $87.3B $25.1B $53.1B
2020 $67.2B $20.6B $43.8B
2019 $78.1B $28.3B $57.4B
2018 $63.5B $38.2B $62.7B
2017 $50.1B $36.0B $52.6B
2016 $42.9B $36.0B $49.1B
2015 $51.8B $43.2B $56.9B
2014 $69.1B $67.1B $73.0B
2013 $72.2B $72.1B $75.2B
2012 $73.3B $75.3B $74.3B
2011 $64.3B $62.7B $70.0B
2010 $43.2B $44.1B $47.4B
2009 $32.6B $34.0B $38.2B
2008 $41.8B $69.5B $58.4B
2007 $25.4B $47.6B $47.3B
2006 $20.1B $40.9B $46.2B
2005 $16.1B $35.7B $39.9B
2004 $10.3B $27.8B $30.5B
2003 $7.3B $24.1B $24.4B
2002 $5.1B $18.7B $20.5B
2001 $4.1B $19.2B $19.6B

Back in 2001, Saudi Arabia’s trade with China was a mere fraction—just one-tenth—of its combined trade with the EU and United States. While the total value of trade was modest at this time, it’s been increasing consistently almost every year since.

By the year 2011, China had surpassed the U.S. for the first time in bilateral trade value with Saudi Arabia. Then by 2018, trade between China and Saudi Arabia surpassed the Middle-Eastern country’s trade with the entire EU.

Fast forward to today, and China has emerged as a larger trading partner with Saudi Arabia than the rest of the West combined.

The Perfect Match?

China’s status as Saudi Arabia’s biggest trading partner makes sense considering its recent economic growth and focus.

China is the largest buyer of crude oil in the world, and it buys more from the Saudi Arabia than anywhere else. Almost half of the $87.3 billion bilateral trade between the two nations in 2021 was comprised of China’s crude oil imports. This accounted for 77% of China’s total imports from Saudi Arabia, which also included goods like plastic—a petroleum product.

Saudi Arabia, meanwhile, imported over $30 billion worth of goods including technological equipment, telephones, and light fixtures.

To see what other countries China has become the largest trading partner of, check out How China Overtook the U.S. as the World’s Major Trading Partner.

Tyler Durden
Tue, 02/21/2023 – 04:15

The Newswashing Of ISIS Bride Shamima Begum

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The Newswashing Of ISIS Bride Shamima Begum

Authored by Uzay Bulut via The Gatestone Institute,

While around 3,000 Yazidi children and women are still being held captive at the hands of the Islamic State (ISIS) terrorist organization, many in the Western media are portraying a former “ISIS bride” not only as a victim but as a celebrity.

The ISIS bride in question Shamima Begum, a British citizen who left the UK to join ISIS in Syria in 2015, and was later stripped of her British citizenship. Begum was chosen by The Times Magazine in the UK to lionize on February 4, both on its cover and in an eight-page feature. She is now part of a glamorized “newswashing” campaign to help get her British citizenship back.

The UK’s Special Immigration Appeals Tribunal is scheduled to rule this week on Begum’s appeal against being stripped of her citizenship.

ISIS brides were complicit in ISIS’s genocide and crimes against humanity. Never mind that hostages were hung upside down and then burned alive, or locked in cages then lowered into water to drown, or crucified for hours “like Jesus;” or that children were crucified or sold as sex slaves; or that countless others were tortured, raped or lined up to have their throats slit. Never mind the beheadings of journalists such as James Foley or Steven Sotloff, or the Syrian scholar Khaled al-Asaad, 82, who was tortured for a month, then beheaded because he refused to turn over Palmyra’s priceless antiquities to ISIS. The list goes on….

The Free Yezidi Foundation recently wrote of ISIS and Begum:

“Not only terror death cult, but mass-rape genocidal organization. The decision to join was hers. Her actions contributed to unspeakable acts of brutality, which she would have continued had ISIS, Daesh not been militarily defeated.”

At its height, ISIS held about a third of Syria’s territory and 40% of Iraq’s. On June 29, 2014, ISIS leader Abu Bakr al Baghdadi announced the formation of a caliphate stretching from Aleppo in Syria to Diyala in Iraq. Wherever ISIS invaded, they brought unspeakable death and destruction, especially to non-Muslim communities, including Yazidis and Christians.

ISIS murdered thousands, and forcibly displaced hundreds of thousands. ISIS also systematically committed crimes such as forced conversionshostage takingrapes of children and women, sexual slaverytheftdestructionsmugglingdisappearances and recruitment of boys as child soldiers. Their methods of violence not only included beheadings and crucifixions, but also mutilationsdismemberment, stoning and forcing hostages to kneel on explosives. Countless people became refugees and remain displaced due to the ISIS genocide.

By December 2017, ISIS had lost 95% of its territory, including its two biggest centers: Mosul, Iraq’s second-largest city, and the Syrian city of Raqqa, its nominal capital.

Since March 2019, when ISIS was ousted from the last of the territory it had seized and since the fall of their caliphate, many ISIS terrorists (some of whom are citizens of Western nations) have been trying to return to their home countries.

The European Network for Investigation and Prosecution of Genocide, Crimes Against Humanity and War Crimes (the “Genocide Network”) noted in a 2020 report:

“ISIS, which has been classified as a terrorist organization, perpetrated horrific acts of violence in armed conflicts in Northern Iraq and Syria. The issue of investigating and prosecuting its members and foreign terrorist fighters returning to their countries of origin led most EU Member States to focus on preventing and punishing terrorism-related offenses. However, ISIS should not only be considered as a terrorist organization. ISIS has fulfilled criteria according to International Humanitarian Law as a party to a non-international armed conflict in Iraq and Syria acting as an organized non-state armed group. Therefore, its members and foreign terrorist fighters could be responsible for committing war crimes and other core international crimes.” [Emphasis added.]

The BBC is another media outlet that seems to have an obsessive fascination for Begum, producing both a film and podcast series regarding the former ISIS member’s so-called journey to Syria. The broadcaster announced on July 11, 2022:

“The BBC has today announced a landmark documentary for BBC Two and BBC iPlayer and a 10-part audio series for Radio 5 Live and BBC Sounds, on the story of Shamima Begum. The podcast comes from the team behind the multi award-winning I’m Not A Monster, the BBC’s most awarded podcast series.”

Instead of focusing on the genocidal crimes ISIS committed against its victims and interviewing the victims directly, the BBC’s series and documentary largely deal with a glossy portrait of why and how Begum joined ISIS and her subsequent life there.

BBC viewers forthrightly responded, according to The Daily Mail on February 8:

“‘Why are the BBC giving Shamima Begum more airtime?’: ‘Sickened’ viewers slam broadcaster for airing 90-minute documentary that ‘parades ISIS bride as a celebrity’ just weeks after it launched 10-part podcast ‘retracing her steps’.

“Viewers have vowed to cancel their television licenses as they slammed last night’s ‘sickening’ 90-minute Shamima Begum documentary on the BBC.”

The Free Yezidi Foundation reported in 2019:

“Female members of the Islamic State (IS, ISIS, ISIL, Daesh) have actively engaged in terrorist activity and gross human rights violations, and in many cases seek to manipulate lack of evidence, lack of independent verification, or other means to plead for sympathy in the court of law and the court of public opinion to avoid accountability. Most importantly, individuals who joined the terrorist and genocidal organization must not be allowed to reshape the narrative in an effort to downplay or avoid their own agency and responsibility for the horrors they have inflicted or facilitated.

“Female members of ISIS are often perceived as being passive, naïve, or even as victims. This is a dangerous and wildly inaccurate characterization. The Netherlands Ministry of the Interior publication, ‘Jihadist women, a threat not to be underestimated,’ states:

“‘The role that these jihadist women play within the jihadist movement should not be underestimated. In many cases, jihadist women are at least as dedicated to jihadism as men. They pose a threat to the Netherlands by recruiting others, producing and disseminating propaganda, and raising funds. Moreover, they indoctrinate their children with jihadist ideology. Women form an essential part of the jihadist movement, both in the Netherlands and in the conflict area in Syria and Iraq.’

“The behavior and actions of female ISIS members has been a subject of legitimate legal and policy debate as well as morbid fascination. This has been seen in the cases of the United Kingdom’s Shamima Begum, the American Hoda Mothana, and other such cases. When citizens of foreign countries joined ISIS and have either surrendered or fled from ISIS, serious debate over international law has arisen. The fact that the alleged crimes occurred abroad do present genuine challenges for security and justice officials in terms of the collection of evidence and the construction of solid, prosecutable cases. For the Yezidi community, it is important that the crimes committed by ISIS, including those allegedly committed by ISIS women, must not be forgotten…

“Ms. Begum, for example, claimed that she was only a housewife and did not participate in any heinous crimes or violation of human rights as an ISIS member. Some portrayed her as an innocent schoolgirl who was brainwashed, uninformed, and simply wanted to return home to Britain. Some human rights proponents, politicians, and other commentators challenged the comparison of Ms. Begum to ISIS fighters. However, evidence now suggests that she was in fact a member of the ISIS ‘morality police, a group of ISIS women which was an integral part of ISIS’ terror and atrocity apparatus, and was armed with an automatic weapon on her patrols. The crimes allegedly committed by the morality police include major human rights offenses, including support to ISIS’ slave trade of Yezidis.

“Two essential points: first, reports from Yezidi survivors suggest that female members of ISIS were accepting of ISIS enslavement and abuse towards Yezidis; and second, ISIS women were more complicit in the commission of mass rape, human trafficking, crimes against humanity and genocide than they claim, and with greater agency.”

On February 5, one day after The Times Magazine released its issue featuring Begum, news came out that two Yazidi children, aged two and four, were reportedly killed after a fire swept through a camp for “internally displaced persons” (IDP) in the Kurdistan Region of Iraq. The reason Yazidis are still living in IDP camps is because Begum’s organization, ISIS, largely destroyed the Yazidi homeland of Sinjar in Iraq.

When ISIS invaded Sinjar in 2014, they murdered or kidnapped around 10,000 Yazidis, according to the book The Last Yezidi Genocide by Amy L Beam. More than 83 Yazidi mass graves have since been discovered in Sinjar. Hundreds of thousands of Yazidis had to flee and become IDPs or refugees. Almost nine years later, much of Sinjar remains in rubble, making it difficult for Yazidis to return. As a result, approximately 180,000 Yazidis remain internally displaced, mostly spread across 15 IDP camps in the Kurdistan Region of Iraq.

According to the Free Yezidi Foundation, ISIS abducted, raped and enslaved 6,417 Yazidi women and children. Today, more than 2,693 Yazidis remain missing. In 2021, a UN team investigating ISIS atrocities in Iraq established “clear and convincing evidence” of genocide against the Yazidi people. Germany’s lower house of parliament, the Bundestag, on January 19, 2023 recognized the 2014 massacre of Yazidis by ISIS in Iraq as a “genocide,” and called for measures to assist the persecuted minority.

An activist for Yazidi rights who lives in Iraq shared his opinions with Gatestone on the condition of anonymity for fear of retaliation. He said he was in Sinjar during the ISIS invasion in 2014:

“What we Yazidis expect from the international community is support and solidarity, not digging into our wounds. ISIS criminals must face justice for what they have done and practiced. We expect the West to hold ISIS accountable in court rather than putting them on the cover of their magazine. Such stories are particularly difficult for us as Yazidis because these ISIS women tortured and abused Yazidi women while they were in ISIS’s captivity.”

ISIS also devastated Christian communities in Iraq and Syria. At a 2015 hearing before the Committee on Foreign Affairs of the US House of Representatives, Sister Diana Momeka, of the Dominican Sisters of Saint Catherine of Siena, in Mosul, Iraq, described ISIS’s war on religious minorities:

“On June 10th, 2014, the so-called Islamic State in Iraq and Syria, or ISIS, invaded the Nineveh Plain which is where Qaraqosh is located. Starting with the city of Mosul, ISIS overran one city and town after another giving the Christians of the region three choices: Convert to Islam; pay a tribute, a jizya, to ISIS; leave their city, cities like Mosul, with nothing more than the clothes on their back. As this horror spread throughout the Nineveh Plain, by August 6, 2014, Nineveh was empty of Christians, and sadly, for the first time since the seventh century A.D., no church bells rang for mass in the Nineveh Plain.

“From June 2014 forward, more than 120,000 people found themselves displaced and homeless in the Kurdistan region of Iraq leaving behind their heritage and all they had worked for over the centuries. This uprooting, this theft of everything that the Christians owned, displaced them body and soul, stripping away their humanity and dignity.”

The violence of ISIS was not limited to Iraq and Syria. ISIS expanded into a global network, which has carried out attacks beyond the borders of its now-destroyed caliphate. On November 13, 2015, for instance, 130 people were murdered and more than 300 injured in a series of coordinated attacks in Paris, France. And in June 2016, a terrorist who pledged allegiance to ISIS murdered 49 people at a gay nightclub in Orlando, Florida.

The question is: Why are some big Western media corporations obviously siding with a genocidal terror group and not with its innocent victims?

Other advocates for survivors of Islamist terrorism have also denounced the manner some Western media portray ISIS members. Juliana Taimoorazy, the founding president of the Iraqi Christian Relief Council, has been helping survivors of Islamist terrorism, including ISIS, since 2007. She told Gatestone:

“I think this is a slap in the face of all those who suffered in the hands of terrorism, not just ISIS but other death cults such as Boko Haram. This is a spit in the face of all those whose loved ones were murdered, and I do not mean only Yazidis, Assyrians or Nigerians, but all the innocent Westerners who perished to Islamic terrorism such as in France, the UK, the US and elsewhere. Media has utterly lost its moral values. What is sadder, to me is that we, as a society, have become desensitized to things that were once outrageous. We are beat to accept and not speak up or take serious action against what is unjust.”

Tyler Durden
Tue, 02/21/2023 – 03:30

In Reversal, Finland Declares Readiness To Join NATO Without Sweden

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In Reversal, Finland Declares Readiness To Join NATO Without Sweden

Finland over the weekend declared a reversal of policy regarding its NATO membership applications, now saying it’s ready to join the military alliance without Sweden, at a moment Turkey continues blocking Stockholm’s bid.

Finnish Defense Minister Mikko Savola told The Associated Press at the Munich Security conference on Saturday that Finland still prefers to enter jointly alongside Sweden, but has now confirmed it won’t delay if Turkey only approves Helsinki’s membership.

Helsinki file image

“No, no. Then we will join,” Savola said in response to questions on delaying NATO membership to wait for Sweden. While stressing that Finland and Sweden cooperate closely, he acknowledged the issue remains in “Turkey’s hands now.”

The day prior, on Friday, Finnish President Sauli Niinisto similarly said for the first time very clearly, “If Turkey approves Finland’s NATO application before Sweden’s, Finland cannot do anything about it.”

Finland’s earlier stance going back to summer was to emphasize the joint bid nature of its NATO accession, but has since wavered in the wake of the Quran burning incidents in Sweden.

Turkey-Sweden relations last month hit a fresh low point after an incident where a copy of the Quran was burned in front of the Turkish embassy. “We condemn in the strongest possible terms the vile attack on our holy book,” a Turkish Foreign Ministry statement said in response to the stunt by far-right activist Rasmus Paludan in late January.

It came after months of Turkish pressure on Stockholm to crack down on Kurdish groups and anti-Erdogan protests. But Ankara has accused Sweden of providing police protection to allow anti-Erdogan protesters to burn the Quran, which initially happened in front of the Turkish embassy in Stockholm, with follow-up incidents in the weeks after.

Tyler Durden
Tue, 02/21/2023 – 02:45

Polish PM: “We Want Permanent US Military Bases”

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Polish PM: “We Want Permanent US Military Bases”

Authored by Grzegorz Adamczyk via Remix News,

During an interview with the CBS program “Face the Nation,” Polish Prime Minister Mateusz Morawiecki said he hoped that U.S. President Joe Biden would confirm his determination to see Russia beaten in the war with Ukraine.

Morawiecki disagreed with those European leaders such as French President Emmanuel Macron and German Chancellor Olaf Scholz who are saying that Russia “cannot win this war and Ukraine cannot be defeated.”

“We have to change that paradigm and we have to say, Ukraine must win and Russia must be defeated,” said Morawiecki.

The reason for this is that “the very nature of Russia is to conquer other countries.”

Asked whether Poland ruled out any negotiations while Putin stays in power, Morawiecki said that he had just returned from the Munich Security Conference and noted that the city was the site of another conference back in 1938 at which European leaders felt they had negotiated peace.

“This time around, there was no room for such naivety, and it was up to the Ukrainians to define what would be negotiated with Russia and when,” said Morawiecki.

The Polish prime minister was also asked whether Poland was expecting any breakthrough in increasing the number of U.S. troops stationed in the country.

Morawiecki confirmed that Poland was in discussions with the Biden administration over making the U.S. presence in Poland “more permanent” and larger than the current 11,000 troops.

He recalled the words of the U.S. president in Warsaw last year when he said that every inch or square inch of NATO’s territory will be defended.

But he warned that “if we fail to integrate Ukraine into NATO and the European Union, Ukraine will always be a buffer zone,” which will mean it and the region are not secure. 

Asked whether Poland would supply fighter planes to Ukraine, Morawiecki said that a year ago, no one imagined that tanks and the Patriot systems would be made available to Ukraine.

However, he added that fighter jets could only be supplied “in combination with other NATO allies, and in particular, under the leadership of the United States.”

Tyler Durden
Tue, 02/21/2023 – 02:00

Victor Davis Hanson: The Toxic Racialist Obsessions Of Joe Biden

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Victor Davis Hanson: The Toxic Racialist Obsessions Of Joe Biden

Authored by Victor Davis Hanson via AmGreatness.com,

Joe Biden ran on “unity,” which is critical in a multiracial America. He vowed to heal the divisions supposedly sown by Donald Trump. Instead, he is proving to be the most polarizing president in modern memory. Often his racialist rhetoric and condescension have proven demeaning to both blacks and whites. In a volatile multiracial democracy that demands tolerance and restraint, a highly unpopular Biden, for cheap political advantage, continually proves incendiary and reckless. 

Last week Joe Biden snarked after watching a White House screening of Till:

Lynched for simply being black, nothing more. With white crowds, white families gathered to celebrate the spectacle, taking pictures of the bodies and mailing them as postcards. Hard to believe, but that’s what was done. And some people still want to do that. 

Exactly who are these “some people”? Who fits Biden’s innuendos of contemporary “some people” who, he alleges in 2023, still wish, as “white crowds, white families” of the past, to mail celebratory postcards after they lynch black people? The Ultra-MAGA villains of his recent Phantom of the Opera speech? Have his current targets ever echoed anything like Biden’s own racist past warning that busing would force people to “grow up in a racial jungle”?

What current data might support Biden’s absurd charges? Is Biden referring to federal interracial crime and hate crime statistics charting violent white propensities against blacks? None exist. In fact, they continually reveal that so-called whites are underrepresented as perpetrators in both categories, while overrepresented as victims in interracial crimes—dramatically so in the case of black-on-white violent crime.

In our sensationalist YouTube world, are we suffering an epidemic of Internet-fed, white-on-black incendiary crimes that might have prompted the president’s demagogic accusations? Not at all. Most of the most recent publicized interracial violence—a woman in a gym fighting off a would-be rapist, a bicyclist doctor stabbed to death in an intersection as his attacker spewed racial hatred, a 26-year-old mother lethally shot in the back in front of her children in a parking lot over a minor argument, a young boy violently choked on a bus, a small girl on a bus beaten repeatedly by two teenage boys—have involved black perpetrators and apparent white victims. So, what contemporary evidence or widely publicized anecdotes prompt Biden’s recent charges of “white rage”-fueled violence?

Yet simultaneously with Biden’s blanket and unsupported charges of racism, no president since Woodrow Wilson has offloaded more racialist verbiage than Joe Biden himself. In an eerie example of psychological projection, never has a president accused others of racism more, while freely revealing himself either to be a racist or non compos mentis, or both.

Stranger still, Biden’s latest accusation comes from a president who once eulogized the former racist, Exalted Cyclops, and segregationist Senator. Robert Byrd (D-W.Va.) as “one of my mentors” and lamented that “the Senate is a lesser place for his going.” That was no isolated fluke.

During his campaign for the presidency, Biden in 2019 praised segregationist Senator James O. Eastland for not labeling a younger Biden with the derogatory term “boy”: “I was in a caucus with James O. Eastland. He never called me ‘boy,’ he always called me ‘son.’” 

How odd, then, that Biden, as president no less, has used just that derogatory insult “boy” for distinguished blacks. Indeed, the very day before Biden leveled his “some people” slur, he was back at it with his racist “boy” reference to the black governor of Maryland: “You got a hell of a new governor in Wes Moore, I tell ya,” Biden told an audience of union workers on Wednesday. “He’s the real deal, and the boy looked like he could still play. He got some guns on him.” 

Such condescension was consistent with Biden’s past usage of “Negro” and his earlier August 2021 similar “boy” trope of referring to one of own top aides: “I’m here with my senior adviser and boy who knows Louisiana very, very well and New Orleans, Cedric Richmond.” 

In Biden world, blacks seem to be a collective to whom he can pander in stereotypical terms, as opposed to Latinos, whom Biden feels can think for themselves. Or so he said on the campaign trail in 2020, “Unlike the African American community, with notable exceptions, the Latino community is an incredibly diverse community with incredibly different attitudes about different things.”

These were “gaffes” only if one believes Biden’s frequent racialist smears and slurs are more the symptoms of senility than bias. Again, as a 2020 candidate, Biden gave us his absurd racist “Corn Pop” fables. In these concocted, He-Man sagas, Biden stood down purported ghetto gangster with his own custom-cut chain, while often showing his tanned legs’ golden hairs to curious inner-city black youth.

Biden also smeared two black journalists who had the temerity to ask him a few tough questions, one with the now infamous slang ad hominem, “You ain’t black” and the other with the personal dismissal “junkie.”

A consistent trope in these insults is his lifelong condescension of accomplished black Americans, such as his long-ago infamous talk-down to Supreme Court Justice Clarence Thomas during Biden’s travesty of conducting his 1991 Senate confirmation hearings. In that context we also remember Biden’s idiotic warning, replete with his accustomed affected black patois, to black professionals in 2012 that Mitt Romney would “put y’all back in chains.”

Like Bill Clinton, who reportedly uttered of supposed 2008 upstart Barack Obama, “A few years ago, this guy would have been getting us coffee,” Biden was especially bewildered by Barack Obama. He apparently seemed, in Biden’s racialist view, an aberration from Biden’s own usual stereotyped views of blacks of limited ability: “I mean, you got the first mainstream African American who is articulate and bright and clean and a nice-looking guy. I mean, that’s a storybook, man.” That assessment came from a candidate, who, even predementia, could never string together more than a few coherent sentences. 

Biden, remember, explained top-performing states in education as attributable to fewer minorities: “There’s less than 1 percent of the population in Iowa that is African American. There is probably less than 4 or 5 percent that are minorities. What is in Washington? So, look, it goes back to what you start off with, what you’re dealing with.”

In a world of law schools turning out record numbers of black lawyers, and billionaire entrepreneurs like Bob Johnson, Jay-Z, Kanye West, Oprah Winfrey, or Michael Jordan, Biden opines, “The data shows young black entrepreneurs are just as capable of succeeding given the chance as white entrepreneurs are. But they don’t have lawyers. They don’t have, they don’t have accountants, but they have great ideas.”   

The reason we do not associate Biden with characteristic racist stereotyping and tropes, other than with raw political demagoguery, is the same reason we give passes to liberals who say overtly racist things, which might otherwise suggest that their loud progressive rhetoric serves as some sort of psychological mechanism to square the circle of their own discomfort with the proverbial other.

Do we remember the late Justice Ruth Bader Ginsburg’s quickly hushed up and contextualized confession that abortion was targeting the proper people.

(“Frankly I had thought that at the time Roe was decided, there was concern about population growth and particularly growth in populations that we don’t want to have too many of.”)? 

Do we recall liberal icon and former Senate Majority Harry Reid, who eerily dovetailed Biden with similarly racist assessment of Obama (“a ‘light-skinned’ African American with no Negro dialect, unless he wanted to have one”)? 

Somehow Biden has transferred his own checkered history of racial disparagement onto the white working class. Fact checkers assure us that when Joe Biden libeled Trump supporters as “chumps” and “dregs” he really meant the Ku Klux Klan or white nationalists who gravitate to Trump. But most took his blanket smears as they were intended. And they fit the larger patterns of his more recent “semi-fascism” smears, and indeed, the genre of tired leftwing demagoguery that earlier gave us Obama’s “clingers,” Hillary Clinton’s “deplorables” and “irredeemables,” or the smelly who stink up Walmart in the Peter Strzok-Lisa Page joint text trove: “Just went to a Southern Virginia Walmart. I could SMELL the Trump support.”

In occasional opportunistic moments, Biden transforms into “ol’ Joe Biden from Scranton” to accentuate his middle-class roots. But he has a repugnant propensity for using racial terms of condescension and disparagement and for projecting his own unease onto a supposedly racist white middle class and poor even as he seeks to win support from the very minority communities he has so often crudely characterized. 

What is the concrete result of this now common Bidenesque schizophrenia?

Consider the toxic plume that has polluted the skies over East Palestine, Ohio, a working-class small town that is 98 percent white, with a median income of $26,000, and sits amid the Pennsylvania borderland. That very region once rejected in its 2008 primary Barack Obama—and in turn was blasted in stereotyped fashion by him: “And it’s not surprising then that they get bitter, they cling to guns or religion or antipathy to people who aren’t like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations.” 

Ol’ Joe Biden from Scranton resonates that same contempt for the convenient target of the white poor and lower middle class. Rather than send in FEMA on day one of the toxic release with tents, mobile kitchens, and supplies and medical personnel to care for the evacuated, the federal government waited two weeks and then acted only when even the liberal media was confused by Biden’s deliberate neglect. 

Amid the disaster, Transportation Secretary Pete Buttigieg, in his now tired boilerplate, was on record instead railing against supposed white hardhats who supposedly do not look like the communities in which they work. For a Biden or Buttigieg, the fish and animals dying from toxic air or water were insignificant artifacts, as were the complaints of burning lungs and allergic reactions to the black chemical cloud.

One wonders what would have been the immediate reaction of Biden and the federal government had a corporation decided to vent the contents of wrecked rail cars full of vinyl chloride and butyl acrylate and then to light up the escaping gas, birthing a toxic black plume over Martha’s Vineyard or Malibu, as opposed to East Palestine or, say,  South-Central L.A. or Ferguson, Missouri. 

Biden would have sent legions of aid workers in to ensure social justice for the marginalized and performance-art reassurance to his donor class.

Whether Biden spouts racial bombast to curry favor with his Democratic base or to project onto others his own habitual racist put downs is not quite clear. But Biden’s utter contempt for white poor and lower middle classes, who are were deemed not worthy of the prompt federal attention customarily accorded to others in times of disaster, is self-evident.

Otherwise, Biden would have sent help immediately rather than smear “some people” as 21st-century lynchers.

Tyler Durden
Tue, 02/21/2023 – 00:00

Retail Investors Pour $1.5 Billion Each Day Into US Markets, The “Highest Amount Ever Recorded”

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Retail Investors Pour $1.5 Billion Each Day Into US Markets, The “Highest Amount Ever Recorded”

For much of the waning days of 2022, the broader theme in markets was a downbeat one, especially for one group of habitual gamblers investors: after a stellar 2021 when nothing made sense and the junkiest of companies exploded higher steamrolling shorts, for retail investors 2022 felt like the polar opposite: a relentless series of gut punches which knocked the air out of basement dwelling daytraders and crushed some of the most popular retail names.

And indeed, a quick search of headlines from mid/late 2022 confirmed that the retail spirit had been broken:

It all culminated with the near record year-end liquidation when in addition to momentum, tax loss selling prompted retail investors to dump single stocks at an unprecedented pace as described Retail Investors Slamming The Bid Amid Tax-Loss Selling Capitulation

However, this record selling flow would not last long, and indeed, just one month later, we wrote that with LO institutions and hedge funds extending their bearish positioning, it was retail investors that picked up the BTFD torch in January, adding that “if retail is once again a more powerful price setter than institutions and hedge funds (thank you zero market liquidity), and we are facing another Jan 2021-type meltup, then watch out above even if none of the abovementioned technicals go into play.”

In retrospect we were right, but not even we had any idea just how much we were right.

That’s because according to the latest report from retail orderflow specialist Vanda Research, January was a blowout, record month for retail buyers in the market.

As Vanda’s Mario Iachini writes, “in the last month, retail investors poured an average of $1.51bn/day into the US markets, the highest amount ever recorded.” And as we expected, this group of investors “has continued driving US equity market swings since the second half of last year.”

Echoing verbatim our own thoughts, Vanda writes that “with recent surveys showing the institutional investor community remaining broadly bearish on stocks, it would be unwise to underestimate the importance of the retail cohort” as so many bearish hedge funds learned the very hard way in early 2021.That’s in keeping with retail sales and jobs data for January, suggesting that consumers retain impressive levels of buying power. While the jury is still out on whether that’s due to a robust job market or excess savings from pandemic stimulus, the bottom line is that investors should heed signals from the ‘unsophisticated money’ crowd.”

Having said that, seasonality suggests that flows could abate somewhat in the weeks ahead as earnings season falls in the rear-view mirror and investors start preparing for Tax Day in mid-April. However, if broad equity markets continue to perform well, we may instead see flows shifting towards smaller, more speculative companies (this is already occurring to an extent). And while the same could take place in the options market, especially with the dominance of 0DTE option activity, Vanda does not anticipate a repeat of the 2020-21 bubble, given that we are still in the late stages of the economic cycle.

Finally, contrary to popular belief, retail money market funds’ net assets at an all-time high suggest that retail investors still have plenty of capital to allocate to riskier investments, provided that market conditions remain supportive.

Vanda discusses this and other related topics in more detail below.

Total net purchases of US securities exceeded expectations by a significant margin on Wednesday. If we only consider periods when the S&P 500 closed in positive territory, Wednesday’s aggregate purchases surpassed the previous record set on February 8th. Normally, Vanda would expect this this level of inflows on a day when the S&P 500 experiences a daily decline between -1% and -4%. Instead, “this type of behavior suggests retail traders are FOMO-ing more than any sentiment recent survey would show.”

The flipside to the recent retail euphoria is that Vanda expects retail flows into cash equities to decrease in the weeks ahead, as seasonality suggests that March-April are typically middle-of-the-road months during the calendar year.

Furthermore, when looking at a rolling one-month period, inflows have never been higher since the dataset began in 2014 (second chart below). Sustaining such a robust daily pace will prove challenging but it won’t mean the end of the current bull market if institutional investors pick up the slack.

At the same time, and contrary to popular belief (especially among bears), the above doesn’t mean that retail investors are running out of capital to allocate to risky investments. Indeed, from a stock level perspective, the chart below suggests that retail investors have plenty of dry powder in the form of capital parked in money market funds that could be deployed in the equity space once confidence about future market returns increases more broadly.

Adding insult to injury for the institutional bears – of which there is plenty – there is potential for bullish positions to be added in the options market. However, it is uncertain to what extent retail investors are willing to participate in the rally with leverage, given they’re still sitting on significant losses (-25% on average). In any case, nobody expects that the level of speculation observed during the 2020-2021 period will be replicated as we’re still in the later stages of the market cycle. Those dynamics are more likely to take hold during the early recovery phases after a recession has occurred.

The soaring retail investor flows underpin the outperformance of their favorite stocks. A basket of the top 10 most-purchased retail stocks over recent months is experiencing a strong rebound relative to the SPX in 2023. Retail flows have accounted for a +US$18.5bn capital injection YTD in these names (listed below the chart). Should positive momentum in the broad equity market persist, it could push retail investors toward more speculative names, which are more susceptible to such flows given their smaller market cap.

Many smaller-cap single stocks are also beginning to populate the top part of the retail leaderboard so far in 2023. Indeed, the first table below shows that beyond the top 10 most-bought securities, there’s a host of smaller-cap names that have attracted significant inflows this year (~US$2.23bn in total). Moreover, the weighted average performance of this group of stocks is roughly +50%, which is widely outpacing the S&P500 total return of 8.2%.

The other outcome of this dynamic is a pick-up in retail purchases in the ARKK ETF and some of its underlying holdings. It was common back in 2020-21 for retail investors to buy ARK ETFs while at the same time piling in some of their more hyped underlyings. While we don’t expect retail speculation to reach those levels for the reasons discussed above, it is noteworthy that retail investors are vastly outpacing Cathie Wood and Co. regarding purchases across some of these names.

Vanda concludes its weekly retail tracking by pointing out that crypto TradFi proxies are among some of the best performers week-to-date.

Silvergate Capital (SI) shares were up 28.6% at the end of trading Wednesday after Citadel Securities announced that it had taken a stake in the company. Indeed, 13F filings show Citadel Securities bought 5.5% in the digital currency banking company. The shares are up 69% over the past month but remain 91% below their all-time high. With the latest data showing 67% of SI’s shares held short it is likely that retail purchases have helped fuel a short-squeeze over the last three trading days. Given the size of the short book, we wouldn’t be surprised to see retail traders attempt to push the stock further in the coming days, although flows over the past three months show that interest in this name tends to be sporadic and short-lived. In contrast, Coinbase (COIN) seems to enjoy stronger retail tailwinds as bullish activity in the options space is surging as well (second chart).

Finally, here is the aggregate retail flow tracker”

Tyler Durden
Mon, 02/20/2023 – 23:30

How New Zealand Dealt With “Disinformation”

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How New Zealand Dealt With “Disinformation”

Authored by Tom Jefferson and Carl Heneghan via The Brownstone Institute,

The Lord of the Rings trilogy is spectacular, with Orcs, Elves and breathtaking scenery filmed on location in New Zealand. The special effects were good too – the eye of Sauron looked very realistic – perhaps it is.

We have come across a minimally redacted 28-page draft of a Kiwi Government document entitled “Communications approach to managing disinformation, online harms and scams” dated 10 Dec 2021 (Available here). 

The document’s aim appears to be coordinating countering disinformation seeking to harm “by threatening public safety, fracturing community cohesion and reduced trust in democracy.”

All well and good then; it’s a bit like saying, do not open fire on the Red Cross. 

Except that the object is “disinformation” relating to the Kiwi government’s response to the Covid pandemic.

The definition of disinformation in the document is on page 5:

We will not summarise the complex and superficial content of the document other than to note that this is precisely the attempt at normalising the message of the pandemic that we have reported. The government has put out a message, and its credibility must be defended at all costs, with tech media partners, academics, the community and, of course, the armies of Sauron.

One consideration is that the Covid narrative in Middle Earth (as elsewhere) is based on the misuse and misinterpretation of polymerase chain reaction (PCR) and the death of clinical medicine, as we have made clear

Cases may not have been active cases, hospitalisations may not be due to SARS-CoV-2, and deaths may be due to various causes related or unrelated to SARS-CoV-2. We will never know for sure. Why? Because the PCR cycle threshold for testing PCR “positive” in Middle Earth was 40 to 45, ensuring that most tested people would test positive even in the total absence of contamination (a very tall order). 

So presenting figures of cases, hospitalisations and deaths based on qualitative PCR results inflates the totals and undermines the confidence in the competence and honesty of public health bodies: it is disinformation.

We make the document available now (see here), and all our readers will find different parts interesting or as scary as the orcs.

So if you think you live in a democracy, one last word of warning: do not go too near the Black Gate. You may think it is fiction, but it’s not.

*  *  *

Republished from the author’s Substack

Tyler Durden
Mon, 02/20/2023 – 23:00