67.3 F
Chicago
Thursday, September 17, 2026
Home Blog Page 2990

European Banks Cut Banker Bonuses, U.S. Firms Expected To Follow Suit

0
European Banks Cut Banker Bonuses, U.S. Firms Expected To Follow Suit

The Covid stimulus gravy train has officially ended, as it was reported this week that top investment banks in Europe are going to be cutting bonuses on a lack of deals in 2023, per Bloomberg.

Names like Societe Generale, UBS and Deutsche all have plans to lower their overall bonuses for 2023, though some divisions that performed well may still see higher compensation, the report says. 

Deutsche Bank Chief Financial Officer James von Moltke reportedly said this week that bonus pay will “reflect performance in 2023”. In other words, what have you done for us lately?

“And as you have seen in a number of different areas of the investment banking business in particular in 2023, it has been a difficult market,” he added. Revenue at the company’s investment bank was down 12% over the first nine months of last year. 

UBS saw similar declines, with investment banking revenue falling 7.3% and Societe Generale saw revenues fall 2.5%. 

The report notes that investment bankers in the U.S. could see similar drops in their payouts for 2023. In addition to investment banking bonuses falling, traders might also wind up with lower bonuses for the 2023 period.

We wrote back in November 2023 that a survey released by New York-based pay consultancy Johnson Associates found investment bankers (on the advisory side) are expected to see bonuses tumble by 15-25% from a year ago, including both cash and stock-based compensation. Retail and commercial bankers at regional banks could see 10-20% smaller bonuses. And investment bankers in debt underwriting could see their payouts slide by as much as 10%.

“It’s another disappointing year, and you overlay that with inflation, people’s incomes are down meaningfully,” stated Alan Johnson, Managing Director at Johnson Associates, as reported by the Wall Street Journal.

It’s the second consecutive year of sliding compensation for Wall Street after record low-interest rates, helicopter money, and juiced-up financial markets sent bonuses to record levels. Global dealmaking has since fallen after peaking at record highs. 

The lower bonuses also stand at odds with the last several years, where we have written non-stop about how Wall Street firms (and even law firms) have had to dangle enticing offers over to retain and attract new talent. 

However, many on the street are predicting a turnaround in dealmaking for the forthcoming year. Carlyle Group Inc.’s David Rubenstein added: “You’ll see a lot more M&A activity and a lot more private equity activity.”

The drop in deals “is good for investment banking because you have these financial-sponsor portfolios that have been locked up that need to be liberated,” added Morgan Stanley Chief Executive Officer Ted Pick. 

However, as we noted in November, Johnson Associates expects 2024 will be “another challenging year” for Wall Street as the Fed holds interest rates’ higher for longer’. 

Tyler Durden
Sat, 01/20/2024 – 11:05

How To Navigate Our Low-Trust, Increasingly Dysfunctional Society & Economy

0
How To Navigate Our Low-Trust, Increasingly Dysfunctional Society & Economy

Authored by Charles Hugh Smith via OfTwoMinds blog,

Politicians and corporate managers have an enviable record of self-enrichment but very little to show in terms of putting the long-term interests of the citizenry above their own short-term gains.

This week’s focus is on self-reliance, a topic of increasing relevance than is more complex that it may seem.

Sociologists differentiate between high-trust and low-trust societies: in high-trust social orders, citizens tend to trust institutions and each other to conform to social norms, enabling strangers to trust a vast circle of transactions and socio-economic ties. Low-trust societies are plagued with distrust of authority and institutions and fear of getting taken advantage of by strangers, so the circles of trust are small, inhibiting social mobility and economic growth.

Economies and political systems can also be understood as high-trust or low-trust. If the political system excels at rewarding insiders and incumbents while leaving critical problems unsolved, citizens have little reason to trust the system.

The same is true of economies that greatly enrich insiders and incumbents at the expense of the citizenry via monopoly/cartel price-gouging, shrinkflation, degrading the quality of goods and services and the immiseration of standard services, forcing customers to “upgrade” from wretched to merely dismal.

Conventional pundits and economists are constantly whining that Americans “just don’t get it”: they tout our soaring per capita wealth, i.e. we’re getting richer, so everyone should be delighted, yet only 20% of the public are “satisfied with the way things are going.”

What the well-compensated pundits and economists are ignoring (or are paid to ignore) is the decay of the U.S. from a high-trust-functional to a low-trust-dysfunctional society and economy: Americans will still go out of their way to aid strangers, but their trust in institutions has plummeted to lows, as has their trust in the political-corporate elites’ leadership: politicians and corporate managers have an enviable record of self-enrichment but very little to show in terms of putting the long-term interests of the citizenry above their own short-term gains.

People understand the name of the game now is to spout all the expected optimistic PR of “innovation” and “serving the public” while maximizing their private gain at the expense of the nation. Offshoring America’s essential industrial supply chains wasn’t done to serve the nation; it was done to maximize profits, 90% of which flow to the top 10%. Pushing us into debt servitude is highly profitable, but it isn’t benefiting us or the nation.

Americans were told to trust long, hyper-globalized single-source supply chains as “efficient” (i.e. profitable) and trustworthy, yet they’ve discovered these supply chains are vulnerable and fragile. Americans were told that corporate monopolies were selling them “innovations” when in fact they were being sold highly addictive (and therefore highly profitable) goods and services.

Americans were told that their financial security was increasing even as the U.S. economy became increasingly dependent on hyper-financialized asset bubbles and central bank bailouts, the precise opposite of stability. Rather than producing more financial security for the bottom 80%, these “innovations” greatly expanded the gulf between the wealthy and the increasingly precarious bottom 80%.

Americans were told to trust that the hyper-centralization of political and financial power would benefit them, when the evidence is piling up that this hyper-centralization has increased the dysfunction of core institutions and the fragility of essential systems.

Doesn’t it ring hollow to glorify our soaring wealth while households declare bankruptcy due to medical bills, college students sign up for a lifetime of debt servitude to pay tuition and inflation has destroyed 20% of every wage earner’s paycheck just since January 2020? All that “soaring wealth” is asymmetrically distributed, but let’s not talk about that, let’s talk about statistics that mask that asymmetry.

What the well-compensated pundits and economists are paid to ignore is the concentration of the vast majority of all this new wealth and income in the top 10%. Soaring wealth only widens wealth inequality; it doesn’t benefit the nation, it weakens its foundations by accelerating the decay of trust in core institutions and systems.

What happens when high-trust decays to low-trust is the circle of reliable, trustworthy sources and people shrinks to the local, decentralized level. Rather than trust Big Ag, Big Fast-Food and supply chains of highly processed glop to feed us, we start turning to local sources of real food.

In the same way, we rediscover the value of thinking for ourselves rather than accepting self-serving memes-of-the-day. We rediscover the value of what Ralph Waldo Emerson wrote about in his 1841 essay Self-Reliance (free text, Project Gutenberg).

Emerson counsels us to “be our best selves,” and not to count property wealth above all else. (“They measure their esteem of each other by what each has, and not by what each is.”)

Emerson understood that the values of a society are the foundation of its economic order. A system lacking any principles and values other than greed and self-enrichment is a rotten structure doomed to collapse. It is not just the larger socio-economic order that needs a rock-solid value system; each individual must ground their choices and actions in a value system they have embraced on their own. (“Nothing can bring you peace but yourself. Nothing can bring you peace but the triumph of principles.”)

What Emerson is espousing is self-reliance, in thought, in values, and in economic and financial matters. In today’s world of crumbling hyper-globalization, self-reliance extends to the practical world of where our essential goods and services are coming from.

Gordon Long and I discuss these and many other aspects of Self-Reliance in the 21st Century in our wide-ranging podcast Self Reliance (45 min).

We discuss how the American economy has changed over the past 40 years, to the detriment of the nation’s values and the security of its citizenry, and what self-reliance means today– the topic of my book Self-Reliance in the 21st Century. (Read the first chapter for free.)

How can we best navigate our low-trust, increasingly dysfunctional society and economy? By strengthening our own self-reliance.

*  *  *

My new book is now available at a 10% discount ($8.95 ebook, $18 print): Self-Reliance in the 21st Century. 

Read the first chapter for free (PDF) 

Read excerpts of all three chapters 

Podcast with Richard Bonugli: Self Reliance in the 21st Century (43 min)

My recent books:

Disclosure: As an Amazon Associate I earn from qualifying purchases originated via links to Amazon products on this site.

The Asian Heroine Who Seduced Me (Novel) print $10.95, Kindle $6.95 Read an excerpt for free (PDF)

When You Can’t Go On: Burnout, Reckoning and Renewal $18 print, $8.95 Kindle ebookaudiobook Read the first section for free (PDF)

Global Crisis, National Renewal: A (Revolutionary) Grand Strategy for the United States (Kindle $9.95, print $24, audiobookRead Chapter One for free (PDF).

A Hacker’s Teleology: Sharing the Wealth of Our Shrinking Planet (Kindle $8.95, print $20, audiobook $17.46) Read the first section for free (PDF).

Will You Be Richer or Poorer?: Profit, Power, and AI in a Traumatized World
(Kindle $5, print $10, audiobook) Read the first section for free (PDF).

The Adventures of the Consulting Philosopher: The Disappearance of Drake (Novel) $4.95 Kindle, $10.95 print); read the first chapters for free (PDF)

Money and Work Unchained $6.95 Kindle, $15 print) Read the first section for free

Become a $1/month patron of my work via patreon.com.

Subscribe to my Substack for free

Tyler Durden
Sat, 01/20/2024 – 10:30

Senior NATO Official Says There Will Be A Hot War With Russia

0
Senior NATO Official Says There Will Be A Hot War With Russia

Authored by Steve Watson via Modernity.news,

A high ranking NATO official has stated that people in Europe should prepare for a full on war with Russia sometime in the next two decades.

Admiral Rob Bauer, chairman of Nato’s Military Committee, told reporters following a meeting of Nato defence chiefs in Brussels that governments need to start putting preparations in place, and that civilians will need to be mobilised on a large scale.

“We have to realise it’s not a given that we are in peace. And that’s why we [Nato forces] are preparing for a conflict with Russia,”Baur declared.

He continued, “But the discussion is much wider. It is also the industrial base and also the people that have to understand they play a role.”

“It starts there,” Bauer continued, adding “The realisation that not everything is planable and not everything is going to be hunky dory in the next 20 years.”

The Telegraph reports that Baur also heaped praise on Sweden for telling its people to brace for war.

“We need to be readier across the whole spectrum,” Bauer further proclaimed, adding “You have to have a system in place to find more people if it comes to war, whether it does or not. Then you talk mobilisation, reservists or conscription.”

“You need to be able to fall back on an industrial base that is able to produce weapons and ammunition fast enough to be able to continue a conflict if you are in it,” he further stated.

A massive military exercise, Steadfast Defender 2024, involving 90,000 NATO troops is scheduled to begin next week, marking the largest effort since the Cold War ended.

*  *  *

Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews

 

Tyler Durden
Sat, 01/20/2024 – 09:20

Maersk Warns “Significant Disruptions To Global Shipping Network” As Red Sea Attacks Persist

0
Maersk Warns “Significant Disruptions To Global Shipping Network” As Red Sea Attacks Persist

President Biden’s second week of military strikes against Iran-backed Houthi anti-ship missile bases and continued attacks on commercial vessels in the Red Sea by the rebels have raised serious concerns about supply bottlenecks jeopardizing global growth. 

On Thursday, top container shipper AP Moller-Maersk sent a memo to customers, warning how the global shipping network is fracturing because of the elevated risks in the Red Sea:

“While we hope for a sustainable resolution in the near-future and do all we can to contribute towards it, we do encourage customers to prepare for complications in the area to persist and for there to be significant disruption to the global network.” 

Major shipping companies like Maersk and Hapag-Lloyd have diverted hundreds of vessels on lengthier and costlier routes around the Cape of Good Hope to avoid Houthi rebels. Shell was the latest company to suspend all Red Sea shipments earlier this week. 

Maersk CEO Vincent Clerc told Reuters on the sidelines of the World Economic Forum in Davos on Wednesday that global shipping networks will be disrupted for at least a few months:

“So for us this will mean longer transit times and probably disruptions of the supply chain for a few months at least, hopefully shorter, but it could also be longer because it’s so unpredictable how this situation is actually developing.” 

Earlier this week, Stifel shipping analyst Ben Nolan told clients, “Red Sea issues are getting worse, not better.” 

The knock-on effects of Red Sea disruptions have pushed companies to rent more vessels, thus reducing capacity, which has increased shipping rates in recent weeks. 

“This week saw a scramble for prompt tonnage,” said MB Shipbrokers (formerly Maersk Broker) in a market report on Friday, referring to ships that can be chartered immediately.

“Owners have certainly become more bullish and are pushing for higher-than-last-done levels in all segments and most regions.” Charter rates are headed higher, “specifically for short periods of three to six months’ duration,” said MB Shipbrokers.

Data from IfW Kiel Institute shows containers being transported through the Red Sea daily are around 200,000 containers, down from 500,000 in November. 

The result of the chaos in the Red Sea has been a slide in global trade. 

Tyler Durden
Sat, 01/20/2024 – 08:45

Was 2023 Really The Second-Hottest Year Since 1884?

0
Was 2023 Really The Second-Hottest Year Since 1884?

Authored by Iain Davis via Off-Guardian.org,

According to the UK Met Office, 2023 was the second hottest year in the UK since 1884.

Quite obviously, this is complete nonsense.

Unless they are troglodytes that never venture out in daylight, why would anyone in the UK believe such absurd drivel?

The Met Office states:

2023 is provisionally the second warmest year for the UK according to mean temperature. [. . .] 2023’s provisional mean temperature of 9.97°C puts it just behind 2022’s figure of 10.03°C and ahead of 2014’s 9.88°C.

Right, it’s “provisional” drivel.

The UK summer of 2023—where I live—was a thoroughly miserable affair. We had a few weeks of decent sunshine in the spring and a couple of hot weeks of Indian summer. That was it!

The rest of it was cold, wet and comprehensively devoid of anything we might traditionally call “summer.” The winter preceding and following it wasn’t particularly cold, but nor was it unusually warm.

I’m knocking on a bit and can remember about 50 years of my life. I know, for a fact, that I have lived through many warmer years. Sure, this is anecdotal, but I haven’t completely taken leave of my senses and I still have a functioning memory. No way am I unquestioningly buying the Met Office’s silly claim.

Neither do I believe any of the legacy media reports trying to convince me that the Met Office’s preposterous assertion is evidence of an alleged climate crisis. It simply isn’t true, so it is not “evidence” of anything at all. Although it does suggest deception.

The Met Office—obviously unreliably—tells us “UK mean temperatures have been shifting over the decades as a result of human-induced climate change. [. . .] 2023’s provisional mean temperature of 9.97°C puts it just behind 2022’s figure of 10.03°C.”

For a start, “human induced climate change,” or Anthropogenic Global Warming (AGW), is a questionable and unproven scientific theory, not scientific fact. This too is just another claim from the Met Office which it wrongly asserts as fact.

The Met Office also tells us that “sunshine was near-average for much of the UK.” If we have got this right, the Met Office is claiming that, with average hours of UK sunshine in 2023—which also seems pretty dubious to me—somehow, since 1884, the only year that has been “hotter” was 2022. Which doesn’t ring true either.

What’s going on?

What does the Met Office mean—pardon the pun—by “mean temperature”? It reports that its 2023 alleged “provisional mean temperature of 9.97°C” had been obtained via the HadUK-Grid data set. The Met Office also cites its 2023 rapid attribution study. It is from this that we can—eventually—glean how the “UK mean temperature” is calculated by the Met Office.

In its rapid attribution study, the Met Office states:

Observed values of the UK annual mean temperature are obtained from the HadUK-Grid dataset v1.2.0.0. The time series spans 1884 – 2023, with the 2023 values being provisional as of 2nd January 2024.

“Observed,” that’s what we want to hear. So what observations are reported in the HadUK-Grid dataset? The Met Office claims:

HadUK-Grid is a collection of gridded climate variables derived from the network of UK land surface observations.

If we look at the HadUK-Grid methodology, the Met Office adds:

The gridded data sets are based on the archive of UK weather observations held at the Met Office.

So far so good. The HadUK-Grid reportedly records real data, such as sunshine hours, rainfall and even temperature. We live in hope. Unfortunately, there is some caveats. The Met Office continues:

The methods used to generate the daily grids are described in more detail in [this] report.

OK. So beyond just recording real-world data, what are the “methods” outlined in said report?

[. . .] the Met Office climate data archive [. . .] contains a simplified version of the raw observations generated according to well-defined rules. [. . .] Mean temperature [. . .] is the average of the maximum and minimum temperatures.

At last we have a definition of the “mean temperature” the Met Office claims to be the second highest since 1884. Apparently, it is “generated according to well-defined rules.”

In Met Office speak “mean temperature” isn’t the actual arithmetic mean of daily temperatures but rather the “average” of minimum and maximum temperatures recorded between 09:00 and 21:00 on any given day. Begging the question how are the minimum and maximum UK temperatures “observed”?

Although the data ha[s] undergone some quality checking, the extent and effectiveness of this has changed through time since the 1960’s. [. . .] NCIC climate data analysis software was again used to create the gridded data. [. . .] The station data were normalised with respect to the monthly 1km x 1km gridded 1961-1990 climate normals described by Perry and Hollis (2005a).

So the minimum and maximum allegedly “observed” 2023 “mean UK temperature” wasn’t actually observed at all. It was calculated from normalised data using computers running software based upon the “climate normals” defined in Perry and Hollis (2005).

The related paper considered how to calculate long term averages (LTAs) and suggested a methodology by which “mean” temperatures could be calculated:

For air temperature, 1490 stations reported at some point between 1961 and 2000 but only an average of 560 of these were open at any one time. This gives an array which is 38% complete. [. . .] [T]he solution is to fill in the gaps using an appropriate estimation technique. [. . .] Once the gaps in the array have been filled, long term averages for the periods 1961-1990, 1971-2000 and 1991-2000 can be calculated for each station from the complete array. [. . .] The regression model parameters provide an estimation of [. . .] the UK climate, explaining between 29% and 94% of the variance in the data depending on the climate variable.

Potentially, up to 62% of the data forming the Met Office’s “Mean UK temperature” is “generated” by “fill[ing] in the gaps.” This is based upon an “estimation technique” which supposedly explains between “29% and 94% of the variance in the data depending on the climate variable.” This doesn’t mean that the estimated fill-ins are inaccurate but they cannot be called “observations” either.

We seem to be moving further away from empirical science. Surely the Met Office isn’t claiming that it knows what the average UK “provisional” mean temperature was in 2023 based upon such limited observations? With regard to how it interprets the HadUK-Grid dataset the Met Office states:

The HadUK-Grid dataset is produced on a 1km x 1km grid resolution on the Ordnance Survey’s National Grid. To facilitate comparison of the observational dataset with the UKCP18 climate projections [. . .]. All the gridded datasets use the same grid projection. The re-gridding is conducted through averaging of all 1km grid points that fall within each of the coarser resolution grid cells.

Whoa there! We already know that the “observational dataset” is created by “fill[ing] in the gaps”—around a 60% gap apparently—with computer modelled estimates. Now we are told some sort of “re-gridding” is necessary to “facilitate comparison” with UKCP18 climate projections. Why is that necessary?

The UK Met Office adds:

Area averages are also produced based on averaging the 1km grid [data] across a set of geographical regions to provide spatial statistics for country, administrative regions and river basins. The details of these areas can be found in the UKCP18 guidance notes.

Now we’ve got “spacial statistics,” instead of empirical measurements, based upon “area averages” that facilitate, for some unknown reason, comparison with “UKCP18 climate projections.” OK, so how are the “area averages” constructed in accordance with the UKCP18 guidance notes:

Before using [UKCP18 guidance notes], it is important to understand the assumptions made, the caveats and limitations and the appropriate use of the results.

Assumptions made, caveats and limitations! What bloody assumptions, caveats and limitations? Just measure the temperature and calculate some sort of meaningful average for crying out loud!

Let’s look at the caveats and limitations:

Our understanding and ability to simulate the climate is advancing all the time but our climate models are not able to represent all of the features seen in the present day real climate and there are still limitations in our ability to project 21st century weather and climate.

Why are the Met Office “generating” temperature datasets to “facilitate comparison” with climate models if those models “are not able to represent all of the features seen in the present day real climate.” Surely the models should be based upon the empirically observed and measured features of the “real climate,” as opposed to creating “area averages”containing “spacial statistics” to fit in with the models?

Almost unbelievably, this is evidently what the UK Met Office is doing:

The relative probabilities indicate how strongly the evidence from models and observations, taken together in our methodology, support alternative future climate outcomes. [. . .] The probabilities are conditioned on methodological choices and expert judgement. The results may change if a different methodology is used.

In essence, the Met Office uses a tortuous and unnecessarily convoluted methodology to make up the bulk of its UK “temperature” data. While the Met Office claims that the provisional UK mean temperature was for 2023 was 9.97°C it also states that its results might change “if a different methodology” was used.

What’s more, the data it uses is normalised, based upon a wide gamut of climate assumptions, in order to fit in with its own climate models. Again, it admits its so-called observations, of things like mean temperature, are “taken together in [its] methodology” expressly in order to “simulate the climate.”

Most of these modelling shenanigans are utterly superfluous if your objective is to calculate the arithmetic mean annual UK temperature. Of course anomalies, such as heat islands, need to be normalised in the data but the rest of the Met Office’s “methodology,” which doesn’t even attempt to calculate an arithmetic mean temperature anyway, is about as far removed from empirical science as it is possible to venture.

Inevitably, it produces completely meaningless pap. The problem with such allegedly “scientific” rubbish is that, rather than being laughed off, it is then taken seriously by millions—thanks the unquestioning propaganda reports of the legacy media—and used to advance policy agendas, such as Net Zero.

Apart from the fact that it is blatantly obvious, to anyone who has lived in the UK from more that a couple of decades, that 2023 was not a warm year, there are other notable reasons not to automatically trust the Met Office’s makey-uppy “climate science.” Its entire claim is reliant upon the HadUK-Grid dataset which is a project funded by the UK government. As is the Met Office itself.

Apparently, the UK government is irreversibly committed to UN Sustainable Development and the associated UK Net Zero policies. The Met Office’s alleged scientific “observations” suffer from an enormous financial conflict of interest. Providing any evidence that contradicts the notion of “unprecedented global warming” couldn’t be further removed from the Met Office’s and the UK government’s own declared interests.

There is absolutely no reason to believe any of it. As “science” goes, it’s complete junk. I’ve read comics with more credibility that the Met Office’s claim that 2023 was the second warmest year in the UK since 1884.

Pull the the other one, it’s got bells on it.

Tyler Durden
Sat, 01/20/2024 – 08:10

France Angrily Denies Russian Claim Of Mercenaries In Ukraine

0
France Angrily Denies Russian Claim Of Mercenaries In Ukraine

France has rejected Russian defense ministry statements saying that a missile strike on Kharkiv took out a unit of French mercenaries earlier this week. Russia’s military claimed that “several dozen Frenchmen” were killed in the Tuesday night strike.

“France has no mercenaries, neither in Ukraine nor elsewhere, unlike certain others,” France’s Ministry for Foreign Affairs responded on Thursday. This is after Russia also summoned France’s ambassador to Moscow, Pierre Levy, to its foreign ministry demanding an explanation of the foreign fighters’ presence in the conflict zone.

Aftermath of Tuesday’s missile strikes on Kharkiv, via AFP

The French government statement continued, “France helps Ukraine with supplies of military material and military training, in full compliance with international law, in order to help Ukraine in its fight to defend its sovereignty, independence and territorial integrity.”

This flatly contradicts the Russian Defense Ministry’s initial statement, which said: “On the evening of 16 January, the armed forces of the Russian Federation carried out a precision strike on a temporary deployment point of foreign militants in the city of Kharkiv, the core of which were French mercenaries.”

Ukraine acknowledged large-scale destruction in the ballistic missile attack on Kharkiv, but there was no mention of foreign troops being hit. And yet Moscow said a lot were killed: “More than 60 fighters were killed, and more than 20 were taken to medical facilities,” the MoD claimed. Of course, if it did happen, neither Kiev nor Paris would want it known.

Regardless of the particular claims and counter-claims in the Kharkiv attack, the reality over the past nearly two years of war has been that Western mercenaries had flooded Ukraine in the early months of the war. It has been especially US and UK mercenaries and volunteers showing up in footage and photos on the battlefield, in some cases being confirmed killed or wounded.

It is indeed very likely that France also has an abundance of volunteers and security contractors on the ground, also given it has an entire famous French Foreign Legion which typically gets deployed to proxy wars like this (albeit often covertly). 

French ambassador was grilled by Russian media when seen leaving the foreign ministry in Moscow…

Despite the firm denial out of Paris, Russia is still pursuing the issue, with Reuters reporting Friday, “The lower house of the Russian parliament, the State Duma, plans to formally ask France’s National Assembly if it is aware that French mercenaries have been fighting on Ukraine’s side, the Duma’s chairman said on Friday.”

As for the attack, Ukrainian sources did cite that “17 people were injured, including two critically, after Russia used S-300 missiles in two strikes on Kharkiv overnight on Jan. 16,” according to a statement of oblast governor Oleh Synehubov on Telegram. Over a dozen of the wounded remain hospitalized. Follow-up reporting indicated at least one death, and about 20 buildings destroyed or badly damaged in the attack.

Tyler Durden
Sat, 01/20/2024 – 07:35

Escobar: How The West Was Defeated

0
Escobar: How The West Was Defeated

Authored by Pepe Escobar,

Emmanuel Todd, historian, demographer, anthropologist, sociologist and political analyst, is part of a dying breed: one of the very few remaining exponents of old school French intelligentzia – a heir to those like Braudel, Sartre, Deleuze and Foucault who dazzled successive young Cold War generations from the West down to the East.

The first nugget concerning his latest book, La Défaite de L’Occident (“The Defeat of the West”) is the minor miracle of actually being published last week in France, right within the NATO sphere: a hand grenade of a book, by an independent thinker, based on facts and verified data, blowing up the whole Russophobia edifice erected around the “aggression” by “Tsar” Putin.

At least some sectors of strictly oligarch-controlled corporate media in France simply could not ignore Todd this time around for several reasons. Most of all because he was the first Western intellectual, already in 1976, to have predicted the fall of the USSR in his book La Chute Finale, with his research based on Soviet infant mortality rates.

Another key reason was his 2002 book Apres L’Empire, a sort of preview of the Empire’s Decline and Fall published a few months before Shock & Awe in Iraq.

Now Todd, in what he has defined as his last book (“I closed the circle”) allows himself to go for broke and meticulously depict the defeat not only of the US but of the West as a whole – with his research focusing in and around the war in Ukraine.

Considering the toxic NATOstan environment where Russophobia and cancel culture reign supreme, and every deviation is punishable, Todd has been very careful not to frame the current process as a Russian victory in Ukraine (although that’s implied in everything he describes, ranging from several indicators of social peace to the overall stability of the “Putin system”, which is “a product of the history of Russia, and not the work of one man”).

Rather, he focuses on the key reasons that have led to the West’s downfall. Among them: the end of the nation-state; de-industrialization (which explains NATO’s deficit in producing weapons for Ukraine); the “degree zero” of the West’s religious matrix, Protestantism; the sharp increase of mortality rates in the US (much higher than in Russia), along with suicides and homicides; and the supremacy of an imperial nihilism expressed by the obsession with Forever Wars.

The Collapse of Protestantism

Todd methodically analyses, in sequence, Russia, Ukraine, Eastern Europe, Germany, Britain, Scandinavia and finally The Empire. Let’s focus on what would be the 12 Greatest Hits of his remarkable exercise.

1. At the start of the Special Military Operation (SMO) in February 2022, the combined GDP of Russia and Belarus was only 3.3% of the combined West (in this case the NATO sphere plus Japan and South Korea). Todd is amazed how these 3.3% capable of producing more weapons than the whole Western colossus not only are winning the war but reducing dominant notions of the “neoliberal political economy” (GDP rates) to shambles.

2. The “ideological solitude” and “ideological narcissism” of the West – incapable of understanding, for instance, how “the whole Muslim world seems to consider Russia as a partner rather than an adversary”.

3. Todd eschews the notion of “Weberian states” – evoking a delicious compatibility of vision between Putin and US realpolitik practitioner John Mearsheimer. Because they are forced to survive in an environment where only power relations matters, states are now acting as “Hobbesian agents.” And that brings us to the Russian notion of a nation-state, focused on “sovereignty”: the capacity of a state to independently define its internal and external policies, with no foreign interference whatsoever.

4. The implosion, step by step, of WASP culture, which led, “since the 1960s”, to “an empire deprived of a center and a project, an essentially military organism managed by a group without culture (in the anthropological sense)”. This is Todd defining the US neocons.

5. The US as a “post-imperial” entity: just a shell of military machinery deprived of an intelligence-driven culture, leading to “accentuated military expansion in a phase of massive contraction of its industrial base”. As Todd stresses, “modern war without industry is an oxymoron”.

6. The demographic trap: Todd shows how Washington strategists “forgot that a state whose population enjoys a high educational and technological level, even if it is decreasing, does not lose its military power”. That’s exactly the case of Russia during the Putin years.

7. Here we reach the crux of Todd’s argument: his post-Max Weber reinterpretation of The Protestant Ethic and the Spirit of Capitalism, published a little over a century ago, in 1904/1905: “If Protestantism was the matrix for the ascension of the West, its death, today, is the cause of the disintegration and defeat.”

Todd clearly defines how the 1688 English “Glorious Revolution”, the 1776 American Declaration of Independence and the 1789 French Revolution were the true pillars of the liberal West. Consequently, an expanded “West” is not historically “liberal”, because it also engineered “Italian fascism, German Nazism and Japanese militarism”.

In a nutshell, Todd shows how Protestantism imposed universal literacy on the populations it controlled, “because all faithful must directly access the Holy Scriptures. A literate population is capable of economic and technological development. The Protestant religion modeled, by accident, a superior, efficient workforce.” And it is in this sense that Germany was “at the heart of Western development”, even if the Industrial Revolution took place in England.

Todd’s key formulation is undisputable: “The crucial factor of the ascension of the West was Protestantism’s attachment to alphabetization.”

Moreover Protestantism, Todd stresses, is twice at the heart of the history of the West: via the educational and economic drive – with fear of damnation and the need to feel chosen by God engendering a work ethic and a strong, collective morality – and via the idea that Men are unequal (remember the White Man’s Burden).

The collapse of Protestantism could not but destroy the work ethic to the benefit of mass greed: that is, neoliberalism.

Transgenderism and the Cult of the Fake

8. Todd’s sharp critique of the spirit of 1968 would merit a whole new book. He refers to “one of the great illusions of the 1960s – between Anglo-American sexual revolution and May 68 in France”; “to believe that the individual would be greater if freed from the collective”. That led to an inevitable debacle: “Now that we are free, en masse, from metaphysical beliefs, foundational and derived, communist, socialist or nationalist, we live the experience of the void.” And that’s how we became “a multitude of mimetic midgets who do not dare to think by themselves – but reveal themselves as capable of intolerance as the believers of ancient times.”

9. Todd’s brief analysis of the deeper meaning of transgenderism completely shatters the Church of Woke – from New York to the EU sphere, and will provoke serial fits of rage. He shows how transgenderism is “one of the flags of this nihilism that now defines the West, this drive to destroy, not just things and humans but reality.”

And there’s an added analytical bonus: “The transgender ideology says that a man may become a woman, and a woman may become a man. This is a false affirmation, and in this sense, close to the theoretical heart of Western nihilism.” It gets worse, when it comes to the geopolitical ramifications. Todd establishes a playful mental and social connection between this cult of the fake and the Hegemon’s wobbly behavior in international relations. Example: the Iranian nuclear dear clinched under Obama becoming a hardcore sanctions regime under Trump. Todd: “American foreign policy is, in its own way, gender fluid.”

10. Europe’s “assisted suicide”. Todd reminds us how Europe at the start was the Franco-German couple. Then after the 2007/2008 financial crisis, that turned into “a patriarchic marriage, with Germany as a dominant spouse not listening to his companion anymore”. The EU abandoned any pretention of defending Europe’s interests – cutting itself off from energy and trade with its partner Russia and sanctioning itself. Todd identifies, correctly, the Paris-Berlin axis replaced by the London-Warsaw-Kiev axis: that was “the end of Europe as an autonomous geopolitical actor”. And that happened only 20 years after the joint opposition by France-Germany to the neocon war on Iraq.

11. Todd correctly defines NATO by plunging into “their unconscious”: “We note that that its military, ideological and psychological mechanism does not exist to protect Western Europe, but to control it.”

12. In tandem with several analysts in Russia, China, Iran and among independents in Europe, Todd is sure that the US obsession – since the 1990s – to cut off Germany from Russia will lead to failure: “Sooner or later, they will collaborate, as “their economic specializations define them as complementary”. The defeat in Ukraine will open the path, as a “gravitational force” reciprocally seduces Germany and Russia.

Before that, and unlike virtually any Western “analyst” across the mainstream NATOstan sphere, Todd understands that Moscow is set to win against the whole of NATO, not merely Ukraine, profiting from a window of opportunity identified by Putin in early 2022. Todd bets on a window of 5 years, that is, an endgame by 2027. It’s enlightening to compare with Defense Minister Shoigu, on the record, last year: the SMO will end by 2025.

Whatever the deadline, inbuilt in all this is a total Russia victory – with the winner dictating all terms. No negotiations, no ceasefire, no frozen conflict – as the Hegemon is now desperate spinning.

Davos enacts The Triumph of the West

Todd’s ample merit, so evident in the book, is to use history and anthropology to take Western society’s false consciousness to the divan. And that’s how, focusing for instance in the study of very specific family structures in Europe, he manages to explain reality in a way that totally escapes the brainwashed collective West masses lingering under turbo-neoliberalism.

It goes without saying that Todd’s reality-based book will not be a hit among the Davos elites. What’s happening this week in Davos has been immensely enlightening. Everything is out in the open.

From all the usual suspects – the toxic EU Medusa von der Leyen; NATO’s warmongering Stoltenberg; BlackRock, JP Morgan and assorted honchos shaking hands with their sweaty sweatshirt toy in Kiev – the “Triumph of the West” message is monolithic.

War is Peace. Ukraine is not (italics mine) losing and Russia is not winning. If you disagree with us – on anything – you will be censored for “hate speech”. We want the New World Order – whatever you lowly peasants think – and we want it now.

And if all else fails, a pre-fabricated Disease X is comin’ to get you.

Tyler Durden
Sat, 01/20/2024 – 07:00

Reviving ISIS: A US Weapon Against The Resistance Axis

0
Reviving ISIS: A US Weapon Against The Resistance Axis

Via The Cradle,

Is it a coincidence that the world’s foremost terror organization is being revived just as the US struggles under a multi-front assault on its hegemony in West Asia? More curiously, both ISIS and Washington’s targets are exactly the same…

Iraqi security sources are warning of an ISIS revival in the country, which coincides all too neatly with the spike in Iraqi resistance operations against US bases in Iraq and Syria, and with widening regional instability caused by Israel’s military assault on Gaza. 

More than six years after declaring victory over the terrorist organization, Iraqi intelligence reports now indicate that thousands of ISIS fighters are emerging unscathed, under the protection of US forces in two regions of western Iraq.

The missing piece of the puzzle

According to intelligence reports reviewed by The Cradle, at its height, ISIS consisted of more than 35,000 fighters in Iraq – 25,000 of these were killed, while more than 10,000 simply “disappeared.”

As an officer of one Iraqi intelligence agency recounts to The Cradle: 

“Hundreds of ISIS fighters fled to Turkey and Syria at the end of 2017. After the appointment of Abdullah Qardash as the leader of ISIS in 2019, following the death of Caliph Abu Bakr al-Baghdadi, the new Caliph began to restructure the organization, and ordered his followers to return to Iraq. The organization exploited the long border with Syria, the security disturbances, and the diversity of forces on both sides of the border to infiltrate the Iraqi territory again.”

Imprisoned ISIS officials admit that infiltrating that border is not an easy task, because of the strict control imposed by the Iraqi Border Guards and the use of modern technologies, such as thermal cameras. 

It therefore became necessary for the terror group to identify intermediaries capable of breaking through or bypassing these fortifications to transport its fighters across borders. 

An Iraqi security source, insisting on anonymity, tells The Cradle that the US plays a vital role in enabling these border violations:

“[There are] several incidents that confirm the American assistance in securing the crossing route for ISIS members – mainly, by shelling Iraqi units on the border, especially the Popular Mobilization Units (PMUs), to create gaps that allow ISIS fighters to cross the border.” 

The Iraqi security source adds that there are confirmed reports of US Chinook helicopters transporting fighters from eastern Syria to the Anbar desert in western Iraq and Jebel Hamreen, in the country’s east.

Munir Adib, a researcher specializing in Islamist movements, extremist organizations, and international terrorism, confirms the possibility of the return of ISIS after the organization’s “dozens of attacks in Syria and Iraq in the past few weeks,” which led to the death of tens of civilians and soldiers. 

According to Adib, “the international community’s preoccupation with the Gaza and Russia-Ukraine wars gave ISIS an opportunity to reorganize its ranks, while continuing to receive internal and external logistical support.”

Manufacturing and harboring terrorism

Houran Valley is the largest of its kind in Iraq, extending 369 kilometers from the Iraqi-Saudi border to the Euphrates River near the city of Haditha in Anbar Governorate. Its topography is marked by soaring cliffs ranging in height between 150 to 200 meters, and includes the hills surrounding the valley and the sub-valleys that extend into its surroundings.

The valley was and still is one of the most dangerous security environments in the state. Terrorist groups use it as a safe haven because of its desert terrain, and distance from congested urban areas. The valley and its environs have witnessed numerous security incidents, most notably in December 2013, when ISIS killed the commander of the Iraqi army’s Seventh Division, his assistant, the director of intelligence in Anbar Governorate, eight officers, and thirteen soldiers.

Iraqi MP Hassan Salem has called for launching a military operation to clear Houran Valley of terrorist fighters. He confirmed to The Cradle that “there are thousands of ISIS members in the valley receiving training in private camps, under American protection,” noting that US forces have “transferred to this area hundreds of ISIS members of different nationalities.”

US foreign policy, of course, is rife with historical evidence of the creation of proxy armed militias in West Asia and Latin America, often utilizing these organizations to overthrow governments in target countries. We know Washington has no aversion to allying with Islamist extremists largely because of its direct involvement with arming and financing the Afghan Mujahideen, from which the Taliban and Al Qaeda emerged.

An early US-ISIS connection exists quite clearly: the terrorist group’s founding and second rank leaders were among the inmates of Camp Bucca prison in southern Iraq, an internment facility run by the US military. The roster of high-value terrorists captured, then set free by the Americans is quite extraordinary: ISIS leader Abu Bakr al-Baghdadi, his successor Abu Ibrahim al-Hashimi al-Qurashi, Abu Mohammed al-Adnani, Abu Muslim al-Turkmani, Haji Bakr, Abu Abdulrahman al-Bilawi, Abu Ayman al-Iraqi, among others.

Camp Bucca, known for abuses against its detainees, brought together extremist elements, slow-boiled this combustive formula for six years (2003-2009), then let the now well-networked extremists go free.

The religious officials of ISIS even say they used their time at the prison to obtain vows from prisoners to join the terrorist group after their release.

US intelligence also protected the terrorist organization indirectly, by allowing ISIS convoys to move between the cities that were under its control. Other forms of protection, according to Iraqi security experts, include refusing to implement death sentences issued by Iraqi courts against detained ISIS members, and establishing safe havens for the organization’s members in western and eastern Iraq.

ISIS: US foot soldiers in the regional war

In a speech on 5 January, Hezbollah Secretary General Hassan Nasrallah warned that the US was supporting an ISIS revival in the region.

The Cradle obtained security information monitoring the new activity of extremists in Lebanon, communications between these elements and their counterparts in Iraq and Syria, and suspicious money transfer activities among them.

Lebanese Army Intelligence also recently arrested a group of Lebanese and Syrians who were preparing to carry out security operations.

Importantly, this surge in terror activities comes at a time when the Lebanese resistance is engaged in a security and military battle with Israel, which may expand at any moment into open war. It is also notable that renewed ISIS activity is concentrated in Lebanon, Syria, Iraq, and Iran; that is, in the countries that support the Palestinian resistance politically, militarily, and logistically.

On 4 January, ISIS officially claimed responsibility for two bombings in the Iranian city of Kerman that targeted memorial processions on the anniversary of the assassination of Quds Force Commander Qassem Soleimani by US forces. The dual explosions killed around 90 people and injured dozens, in an unprecedented attack targeting the biggest US-Israeli adversary in West Asia – just one day after Tel Aviv killed top Hamas leader Saleh al-Arouri in Beirut.

Before that, on 5 October 2023, ISIS drone-attacked an officers graduation ceremony at the Military College in the Syrian city of Homs, killing about 100 people. These attacks, and others in Iraq, Syria, Iran, Pakistan, Afghanistan, and Africa, indicate that fresh blood, money, and weapons are being pumped into the ISIS organization’s arteries again.

A high-ranking PMU officer, who asked to remain unnamed, tells The Cradle that US forces are preventing Iraqi forces from approaching Houran Valley by attacking any security forces approaching the area. “This happened when American aircraft targeted units of the PMU that were attacking ISIS in the region,” he reveals, citing intelligence reports confirming the presence of dozens of ISIS members and other extremist organizations in the valley, where they receive training and equipment from US forces.

Security sources in the Anbar Operations Command confirm this information:

“Noticeable activity by the organization had been recorded a few weeks ago in the west of the country. Near the Rutba desert, ISIS fighters were spotted digging underground hideouts. Information indicates that the organization is in the process of carrying out terrorist operations in many locations,” they tell The Cradle.

Concurrently, ISIS is expanding its operations in the east of Iraq, within the geographical triangle that includes eastern Salah al-Din Governorate, north-eastern Diyala, and southern Kirkuk, particularly in the geographically challenging Makhoul, Hamrin, Ghurra, Wadi al-Shay, and Zaghitoun areas.

It should be noted that US forces are deployed in Iraq under the umbrella of the International Coalition to Combat ISIS. Last week, four years after the Iraqi parliament first voted to expel foreign forces, Iraqi Prime Minister Mohammad Shia al-Sudani weighed in on the “destabilizing” impact of US troops and demanded a “quick and orderly” exit of those combat units. 

Washington not only countered by saying it has “no plans” to withdraw from Iraq, but announced on 14 January that it would be sending an additional 1,500 troops to Iraq and Syria illegally, and without the consent of either nation.

One irony here is that ISIS appears to regain momentum each and every time Baghdad raises the issue of US military withdrawal from Iraq. 

It can also no longer be seen as a coincidence that the terror group is now re-assembling its forces to target Washington and Tel Aviv’s most capable regional foes – the Axis of Resistance – just when the US and Israel are struggling to handle a region-wide, multi-front assault from the Axis. 

The extraordinary synergies between the Americans and the world’s foremost terror group can no longer be ignored: their targets are one and the same, and ISIS is only now entering the fray, just as Washington begins to lose its hold on West Asia.

*  *  *

The views expressed in this article do not necessarily reflect those of ZeroHedge.

Tyler Durden
Fri, 01/19/2024 – 23:40

EVs In Chicago Are No Match For Polar Vortex

0
EVs In Chicago Are No Match For Polar Vortex

Average temperatures across the Chicago metro area plunged below zero this week. 

Resulting in a double whammy for electric vehicle owners: paralyzed charging networks and battery degradation because of the cold blast. 

One woman complained she was stranded because one charging station “was all broken.”

“When it’s cold like this, cars aren’t functioning well, chargers aren’t functioning well, and people don’t function so well either,” Javed Spencer, an Uber driver, told The New York Times. He said he’s worried about being stranded again with his Chevy Bolt. 

For years, the Davos elites have pitched to the masses about a ‘green’ new world of EVs and how nothing could go wrong. But these elites are not fortune tellers and are sometimes very wrong in their predictions, as EVs are no match for a polar vortex. 

Tyler Durden
Fri, 01/19/2024 – 23:20

Digital Kill Switches: How Tyrannical Governments Stifle Political Dissent

0
Digital Kill Switches: How Tyrannical Governments Stifle Political Dissent

Authored by John and Nisha Whitehead via The Rutherford Institute,

“No president from either party should have the sole power to shut down or take control of the internet or any other of our communication channels during an emergency.”

 – Senator Rand Paul

What’s to stop the U.S. government from throwing the kill switch and shutting down phone and internet communications in a time of so-called crisis?

After all, it’s happening all over the world.

Communications kill switches have become tyrannical tools of domination and oppression to stifle political dissent, shut down resistance, forestall election losses, reinforce military coups, and keep the populace isolated, disconnected and in the dark, literally and figuratively.

As the Guardian reports, “From Ukraine to Myanmar, government-run internet outages are picking up pace around the world. In 2021, there were 182 shutdowns in 34 countries… Countries across Africa and Asia have turned to shutdowns in a bid to control behaviour, while India, largely in the conflict-ridden region of Jammu and Kashmir, plunged into digital darkness more times than any other last year… Civil unrest in Ethiopia and Kazakhstan has triggered internet shutdowns as governments try to prevent political mobilisation and stop news about military suppression from emerging.”

In an internet-connected age, killing the internet is tantamount to bringing everything—communications, commerce, travel, the power grid—to a standstill.

Tyrants and would-be tyrants rely on this “cloak of darkness” to advance their agendas.

In Myanmar, for example, the internet shutdown came on the day a newly elected government was to have been sworn in. That’s when the military staged a digital coup and seized power. Under cover of a communications blackout that cut off the populace from the outside world and each other, the junta “carried out nightly raids, smashing down doors to drag out high-profile politicians, activists and celebrities.”

These government-imposed communications shutdowns serve to not only isolate, terrorize and control the populace, but also underscore the citizenry’s lack of freedom in the face of the government’s limitless power.

Yet as University of California Irvine law professor David Kaye explains, these kill switches are no longer exclusive to despotic regimes. They have “migrated into a toolbox for governments that actually do have the rule of law.”

This is what digital authoritarianism looks like in a technological age.

Digital authoritarianism, as the Center for Strategic and International Studies cautions, involves the use of information technology to surveil, repress, and manipulate the populace, endangering human rights and civil liberties, and co-opting and corrupting the foundational principles of democratic and open societies, “including freedom of movement, the right to speak freely and express political dissent, and the right to personal privacy, online and off.”

For those who insist that it can’t happen here, it can and it has.

In 2005, cell service was disabled in four major New York tunnels, reportedly to avert potential bomb detonations via cell phone.

In 2009, those attending President Obama’s inauguration had their cell signals blocked—again, same rationale.

And in 2011, San Francisco commuters had their cell phone signals shut down, this time, to thwart any possible protests over a police shooting of a homeless man.

With shutdowns becoming harder to detect, who’s to say it’s not still happening?

Although an internet kill switch is broadly understood to be a complete internet shutdown, it can also include a broad range of restrictions such as content blocking, throttling, filtering, complete shutdowns, and cable cutting.

As Global Risk Intel explains:

“Content blocking is a relatively moderate method that blocks access to a list of selected websites or applications. When users access these sites and apps, they receive notifications that the server could not be found or that access was denied by the network administrator. A more subtle method is throttling. Authorities decrease the bandwidth to slow down the speed at which specific websites can be accessed. A slow internet connection discourages users to connect to certain websites and does not arouse immediate suspicion. Users may assume that connection service is slow but may not conclude that this circumstance was authorized by the government. Filtering is another tool to censor targeted content and erases specific messages and terms that the government does not approve of.”

How often do most people, experiencing server errors and slow internet speeds, chalk it up to poor service? Who would suspect the government of being behind server errors and slow internet speeds?

Then again, this is the same government that has subjected us to all manner of encroachments on our freedoms (lockdowns, mandates, restrictions, contact tracing programs, heightened surveillance, censorship, overcriminalization, shadow banning, etc.) in order to fight the COVID-19 pandemic, preserve the integrity of elections, and combat disinformation.

These tactics have become the tools of domination and oppression in an internet-dependent age.

It really doesn’t matter what the justifications are for such lockdowns. No matter the rationale, the end result is the same: an expansion of government power in direct proportion to the government’s oppression of the citizenry.

According to Global Risk Intel, there are many motives behind such restrictions:

“For instance, the kill switch serves to censor content and constrain the spread of news. This particularly concerns news reports that cover police brutality, human rights abuses, or educational information. Governments may also utilize the kill switch to prevent government-critical protestors from communicating through message applications like WhatsApp, Facebook, or Twitter and organizing mass demonstrations. Therefore, internet restrictions can provide a way of regulating the flow of information and hindering dissent. Governments reason that internet limitations help stop the spread of fake news and strengthen national security and public safety in times of unrest.”

In this age of manufactured crises, emergency powers and technofascism, the government already has the know-how, the technology and the authority.

Now all it needs is the “right” crisis to flip the kill switch.

This particular kill switch can be traced back to the Communications Act of 1934. Signed into law by President Franklin D. Roosevelt, the Act empowers the president to suspend wireless radio and phone services “if he deems it necessary in the interest of national security or defense” during a time of “war or a threat of war, or a state of public peril or disaster or other national emergency, or in order to preserve the neutrality of the United States.”

In the event of a national crisis, the president has a veritable arsenal of emergency powers that override the Constitution and can be activated at a moment’s notice. These range from imposing martial law and suspending habeas corpus to shutting down all forms of communications, restricting travel and implementing a communications kill switch.

That national emergency can take any form, can be manipulated for any purpose and can be used to justify any end goal—all on the say so of the president.

The seeds of this ongoing madness were sown several decades ago when George W. Bush stealthily issued two presidential directives that granted the president the power to unilaterally declare a national emergency, which is loosely defined as “any incident, regardless of location, that results in extraordinary levels of mass casualties, damage, or disruption severely affecting the U.S. population, infrastructure, environment, economy, or government functions.

Comprising the country’s Continuity of Government (COG) plan, these directives (National Security Presidential Directive 51 and Homeland Security Presidential Directive 20), which do not need congressional approval, provide a skeletal outline of the actions the president will take in the event of a “national emergency.”

Just what sort of actions the president will take once he declares a national emergency can barely be discerned from the barebones directives. However, one thing is clear: in the event of a perceived national emergency, the COG directives give unchecked executive, legislative and judicial power to the president.

The country would then be subjected to martial law by default, and the Constitution and the Bill of Rights would be suspended.

The internet kill switch is just one piece of the government’s blueprint for locking down the nation and instituting martial law.

There may be many more secret powers that presidents may institute in times of so-called crisis without oversight from Congress, the courts, or the public. These powers do not expire at the end of a president’s term. They remain on the books, just waiting to be used or abused by the next political demagogue.

Given the government’s penchant for weaponizing one national crisis after another in order to expand its powers and justify all manner of government tyranny in the so-called name of national security, it’s only a matter of time before this particular emergency power to shut down the internet is activated.

Then again, an all-out communications blackout is just a more extreme version of the technocensorship that we’ve already been experiencing at the hands of the government and its corporate allies.

Packaged as an effort to control the spread of speculative or false information in the name of national security, restricting access to social media has become a popular means of internet censorship.

In fact, these tactics are at the heart of several critical cases before the U.S. Supreme Court over who gets to control, regulate or remove what content is shared on the internet: the individual, corporate censors or the police state.

Nothing good can come from techno-censorship.

As Glenn Greenwald writes for The Intercept:

“The glaring fallacy that always lies at the heart of pro-censorship sentiments is the gullible, delusional belief that censorship powers will be deployed only to suppress views one dislikes, but never one’s own views… Facebook is not some benevolent, kind, compassionate parent or a subversive, radical actor who is going to police our discourse in order to protect the weak and marginalized or serve as a noble check on mischief by the powerful. They are almost always going to do exactly the opposite: protect the powerful from those who seek to undermine elite institutions and reject their orthodoxies. Tech giants, like all corporations, are required by law to have one overriding objective: maximizing shareholder value. They are always going to use their power to appease those they perceive wield the greatest political and economic power.

As I make clear in my book Battlefield America: The War on the American People and in its fictional counterpart The Erik Blair Diaries, these censors are laying the groundwork to preempt any “dangerous” ideas that might challenge the power elite’s stranglehold over our lives.

Whatever powers you allow the government and its corporate operatives to claim now, whatever the reason might be, will at some point in the future be abused and used against you by tyrants of your own making.

By the time you add AI technologies, social credit systems, and wall-to-wall surveillance into the mix, you don’t even have to be a critic of the government to get snared in the web of digital censorship.

Eventually, as George Orwell predicted, telling the truth will become a revolutionary act.

Tyler Durden
Fri, 01/19/2024 – 23:00