The Evening Blues - 2-6-18



eb1pt12


The day's news roundup + tonight's musical feature: Ike Turner

Hey! Good Evening!

This evening's music features blues and rock musician Ike Turner. Enjoy!

Ike Turner - I Know You Don't Love Me

“It is said that no one truly knows a nation until one has been inside its jails. A nation should not be judged by how it treats its highest citizens, but its lowest ones.”

-- Nelson Mandela


News and Opinion

Citing U.S. Prison Conditions, British Appeals Court Refuses to Extradite Accused Hacker Lauri Love to the U.S.

A British appeals court on Monday rejected demands from the U.S. Government for the extradition of an accused British hacker, Lauri Love, citing the inability of U.S. prisons to humanely and adequately treat his medical and mental health ailments. Extradition to the U.S., the court ruled, would be “oppressive by reason of his physical and mental condition.”

Rejecting the prosecutor’s pleas that “the British courts should trust the United States to provide what it said it would provide” in order to secure Love’s health and safety, the court instead invoked extensive medical and psychological testimony that conditions inside American prisons are woefully inadequate to treat Love’s ailments. As a result, extradition and incarceration inside the U.S. prison system would exacerbate those health issues and produce a high risk of suicide.

Love, 33, is accused by the U.S. Government of participating in the 2012 and 2013 hacking of the computer systems of various U.S. military agencies and private companies. The U.S. Justice Department, citing a confidential FBI source who claimed to have accessed chat rooms in which Love plotted with others on how to use the stolen data, indicted Love in three different states (New Jersey, New York and Virginia) on felony hacking and theft charges. Love was arrested in 2013 by British authorities and released on bail. Ever since, the U.S. Government has sought his extradition from the U.K. for him to stand trial, and ultimately be imprisoned, in the U.S. ...

The court concluded that suicide prevention programs in U.S. prisons are so crude and harsh that they actually increase the likelihood of a prisoner’s suicide.

UK - British judge upholds Assange warrant

Remarkably one-sided reporting in this piece.

UN outrage at Syrian suffering: ‘We can no longer stay silent’

The scale of suffering across Syria has reached unprecedented levels, with access to aid blocked in three major population centres, growing displacement and more than 13 million people in need across the country, the UN has said.

The organisation called on Tuesday for a one-month ceasefire to ease what it described as an “extreme situation” that “we haven’t seen before” at any point during the war, which is soon to enter its eighth year. The conflict has been marked by a mass exodus of Syrian citizens, sieges, starvation and a death toll that surpassed 500,000 people in 2016.

The UN’s assistant secretary general and humanitarian coordinator in Syria, Panos Moumtzis, said the organisation had been almost powerless to respond to a “dramatic deterioration in the humanitarian situation” over the past two months in particular, when access to people in opposition areas had been blocked by Syrian government officials. ...

The city of Afrin in northern Idlib was attacked last month by the Turkish military and an Arab proxy force, adding a new layer of complexity to a war in which alliances have shifted and internal dynamics have splintered attempts to provide a united opposition front against the Assad regime. All the while, international powers have increasingly tried to shape the outcome of the war in their own interests, while mounting humanitarian needs across the province have routinely gone unmet.

No 'Olive Branch?' Erdogan accuses Washington of plotting against Turkey in Syria

142 civilians killed in Turkish military offensive in Syria's Afrin

As many as 500 people have been killed and wounded during the two-week-long Turkish military campaign against the Kurdish-held Afrin region in northern Syria, state news agency SANA reported on Monday.

The casualties have been taken to the Afrin hospital, said SANA, adding that 142 civilians were killed and 345 others wounded by the Turkish military offensive on Afrin in the northern countryside of Aleppo near the Turkish border.

On Monday, the Turkish shelling targeted a center of the Red Crescent in Afrin, leaving big damages in the facility, according to SANA.

The Turkish military campaign started on Jan. 20, targeting historic sites, mosques, residential areas and the infrastructure in the Afrin enclave, SANA added.

Turkey detains nearly 600 for opposing Syrian offensive

Turkey has so far detained 573 people for social media posts and protests criticizing its military offensive in Syria, the government said on Monday.

The crackdown, which has extended to the national medical association, has deepened concerns about free speech under President Tayyip Erdogan, who has criticized opponents of the military intervention as “traitors”. ...

“Since the start of Operation Olive Branch, 449 people have been detained for spreading terrorist propaganda on social media and 124 people detained for taking part in protest action,” the Interior Ministry said in a statement. ...

Last week, a prosecutor ordered the detention of 11 senior members of the Turkish Medical Association, including its chairman, after the organization criticized the incursion, saying: “No to war, peace immediately”.

Lithuania: Russia deploying more missiles into Kaliningrad

Lithuania's president said Monday Russia has deployed additional nuclear-capable missiles in its Baltic Sea exclave of Kaliningrad on a permanent basis, calling it a threat to Europe.

President Dalia Grybauskaite told reporters after visiting NATO troops in the central Lithuanian town of Rukla that "Iskander missiles are being stationed in Kaliningrad for permanent presence as we speak." She called it a threat not only to Lithuania but to "half of all European countries." ...

The head of the Russian parliament's defense committee, Vladimir Shamanov, confirmed the missiles' deployment in remarks carried by Russian news agencies. He added that the move was a response to a NATO buildup near Russia's borders, with the number of U.S. weapons in Poland a particular irritation to Moscow.

Isikoff Stunned That His Carter Page Article Was Used To Justify Spy Warrant

Investigative journalist Michael Isikoff said Friday that he was surprised to find out that an article he wrote about Carter Page prior to the election was used to obtain a spy warrant against the former Trump campaign adviser. ...

One “essential” part of the application was the uncorroborated Steele dossier, according to the memo. And an article that Isikoff wrote for Yahoo! News on Sept. 23, 2016 that was based directly on the dossier was “cited extensively” in the application. Isikoff was shocked, he said, because his very article was based on information that came from Christopher Steele, the former British spy who wrote the dossier. He said it was “a bit beyond me” that the FBI would use his article in the FISA application.

“Obviously the information that I got from Christopher Steele was information the FBI already had,” he said, noting that Steele began sharing information from his dossier in July 2016. Isikoff acknowledged the potential problem with the DOJ and FBI citing his article to support the FISA against Page. “It’s self-referential,” he said of the article and its reliance on the dossier. “My story is about the FBI’s own investigation,” he continued.

The Republican spy memo makes a similar argument. “This article does not corroborate the Steele dossier because it is derived from the information leaked by Steele himself to Yahoo! News,” it reads. It also asserts that the Page FISA application “incorrectly assesses” that Steele was not a source for Isikoff.

Republicans got what they wanted with #ReleaseTheMemo

#ReleaseTheMemo is working.

A new poll by Reuters/Ipsos published Monday shows that three out of four Republicans believe the FBI and Department of Justice are trying to delegitimize President Trump — a clear reversal for the traditional party of law and order. Democrats say that’s exactly what Republicans on the House Intelligence Committee were aiming for when they hyped and then published their memo alleging profound anti-Trump bias among federal investigators.

Just last month 91 percent of Republicans said they had confidence in the country’s law enforcement agencies, according to Reuters. ...

Trump tweeted Saturday that the memo “totally vindicates” him, calling special counsel Robert Mueller’s investigation into his 2016 campaign’s ties to Russia and his efforts to obstruct justice a “witch hunt.” But the Reuters/Ipsos poll published Monday also found that 52 percent of Americans believe the special counsel will find evidence that the Trump campaign worked with Russia to influence the election.

The Nunes Memo Matters—But Not For the Reason You Think

... When you wave away all the partisan smoke, what’s left is that the Nunes memo confirms that American intelligence services were involved in a presidential campaign and remained so in the aftermath. That’s the real takeaway from the political hysteria of the past week. The FBI conducted an investigation, the first ever of a major-party candidate in the midst of a presidential contest, that exonerated Hillary Clinton of wrongdoing over her private email server, a government-endorsed “okay” for her expected victory. No real probe was ever conducted into the vast sums of money moving between foreign states and the Clinton Foundation, dead-ending those concerns to partisan media.

A month before the election, the Obama administration accused the Russian government of stealing emails from the Democratic National Committee. The director of national intelligence, James Clapper, said the leaked emails (which reflected poorly on Clinton) “are intended to interfere with the U.S. election process.” The FBI swung again and said well maybe there was something to see in Clinton’s emails, buried on Anthony Weiner’s laptop. The CIA and NSA, meanwhile, leaked like cheap diapers throughout the campaign. Trump owes money to Russia. Trump’s computers communicate with Russia. The Russians have sexy kompromat on Trump. That the newly elected president is literally a tool of Russian intelligence became a common stipulation in the national conversation (John McCain on the Nunes memo release: “We are doing Putin’s job for him.”)

Leave aside the question of what in all of the above is actually true. Maybe Clinton’s private email server exposed no secrets. Maybe Trump’s real estate ventures have dirty Russian money in them. It is doubtful any of us will ever know. What is important is each of those actions by the intelligence community affected the course of the election. They may not have always shifted votes in the intended way, and there theoretically may have been no intention per se, but the bare-naked fact is that unlike any previous presidential election, the intelligence community played an ongoing public role in deciding who ended up in the White House, and they’re now continuing that role to determine how long the elected president remains there.

Even Trump’s lawyers think he’ll lie to Mueller

Donald Trump’s lawyers have told him not to agree to an interview with special counsel Robert Mueller, fearful he would lie to investigators and place himself in legal jeopardy, the New York Times reported Monday.

The president told reporters last month he was looking forward to speaking with Mueller to prove “there has been no collusion whatsoever” between his campaign and Russia.

But four people briefed on the matter told the Times that Trump’s attorneys – John Dowd and his deputy, Jay Sekulow – and other key advisers had told him to refuse an interview. They’re concerned that Trump, an habitual liar prone to making contradictory statements, will face charges if he lies to the probe.

Bannon to “defy order” to testify before Congress

Steve Bannon will refuse to appear before Congress Tuesday, according to sources speaking to the Guardian and Reuters.

The former White House chief strategist will reportedly defy a subpoena ordering him to appear before the House Intelligence Committee because the scope of the questions has not been agreed between the Committee and the White House.

If he does fail to appear, Bannon could be held in contempt of Congress — though the last time Congress arrested and detained a witness was 1935.

Dow Jones Record Plunge! Here’s Why

Trillions wiped off global markets after Wall Street bloodbath

Financial titans celebrated with world leaders in Davos last month as global markets soared. Ten days later and trillions of dollars have been wiped from the stock market in the worst crash on Wall Street since 2008.

Following Monday’s U.S. bloodbath, all major markets in Europe fell by more than 3 percent in early trading Tuesday. In Asia, Japan, Hong Kong and Korea all suffered similarly heavy losses. ...


Economists are scrambling to explain the sudden dip, which follows an unprecedented period of sustained gain that saw the Dow rise 25 percent in 2017.

Some have pointed to the change in leadership at the Federal Reserve, while others suggest an overdue correction to the market.



the evening greens


Humans need to become smarter thinkers to beat climate denial

Climate myths are often contradictory – it’s not warming, though it’s warming because of the sun, and really it’s all just an ocean cycle – but they all seem to share one thing in common: logical fallacies and reasoning errors.

John Cook, Peter Ellerton, and David Kinkead have just published a paper in Environmental Research Letters in which they examined 42 common climate myths and found that every single one demonstrates fallacious reasoning. For example, the authors made a video breaking down the logical flaws in the myth ‘climate changed naturally in the past so current climate change is natural.’

Cook has previously published research on using ‘misconception-based learning’ to dislodge climate myths from peoples’ brains and replace them with facts, and beating denial by inoculating people against misinformers’ tricks. The idea is that when people are faced with a myth and a competing fact, the fact will more easily win out if the fallacy underpinning the myth is revealed. In fact, these concepts of misconception-based learning and inoculation against myths were the basis of the free online Denial101x course developed by Cook and colleagues.


Also of Interest

Here are some articles of interest, some which defied fair-use abstraction.

Lie After Lie: What Colin Powell Knew About Iraq 15 Years Ago, and What He Told the U.N.

Understanding Russia, Un-Demonizing Putin

'Still fighting': Africatown, site of last US slave shipment, sues over pollution

They owned an island, now they are urban poor: the tragedy of Altamira

Cosmik debris: Frank Zappa's son reveals details of hologram tour


A Little Night Music

Ike Turner - Matchbox (Version A)

Ike Turner - Down & Out

Ike Turner & The Kings of Rhythm - She Made My Blood Run Cold

Ike Turner and His Orchestra - The Big Question

Ike Turner's Kings of Rhythm - Box Top

Ike Turner & The Kings of Rhythm - I'm Lonesome Baby

Ike Turner's Kings of Rhythm - That's All I Need

Ike Turner's Kings of Rhythm - You've Got To Lose

Ike Turner and The Kings Of Rhythm - Heartbroken & Worried

Ike Turner And His Kings Of Rhythm - Do You Mean It

Billy Gayles w/ Ike Turner's Kings of Rhythm - Do Right Baby

Ike Turner - Tequila!


Share
up
0 users have voted.

Comments

Lookout's picture

I thought Jimmy's piece on the market was fun. I thought the tax cuts insured a market climb for a while longer, but my understanding of such things is about as deep as Jimmy's.

Caught an interesting interview with Wilkerson today suggesting the approach to Iran is looking a lot like Iraq (video and text)

Don't you think that's why we set up a permanent illegal force in Syria causing the Turkish invasion...to be prepared for Iran?

Thanks for news and tunes!

up
0 users have voted.

“Until justice rolls down like water and righteousness like a mighty stream.”

joe shikspack's picture

@Lookout

yep, jimmy does just as well as a lot of economists at explaining the current conditions.

with the caveat that i have no credential beyond having taken a couple of economics courses in college (from actual economists) and a political economy course (taught by a philosophy prof) - i think that jimmy is barking up the right tree.

not that you asked, but it appears to me that what is going on is this: we are living in a fake economy that has been engineered by the federal reserve, initially as a "soft landing" that got out of hand. once they started laying out the padding (quantitative easing), it got used as gambling chips at wall street and other global casinos (some other central banks followed the fed's lead as well) and they just couldn't find a way to stop without causing a crash.

if you poke around in the news, you'll find that one of the things that "spooked the markets" was a fear of changes in fed policy, rising interest rates and most importantly a winding down of quantitative easing, wherein the fed attempts to offload some of the trillions on its balance sheet.

traditionally, it is said that the central bank's job is to get a party started and then remove the punch bowl. those are the rules, the fed is supposed to step in and ease the tough part of business cycles and remove the stimulus to prevent the economy from overheating.

the problem now is that the u.s. economy is so horribly mismanaged, with the unrestrained greed of the 1% cutting off the possibility of consumption-fueled growth (by suppressing labor power and wages) that once the fed removes the punch bowl, there is nothing (no fundamentals) to support the values of the stock market.

what we are witnessing is that capitalism is eating itself, but at the same time, the instruments that operate the economy are proving that all of the base assumptions of market fundamentalism are false.

up
0 users have voted.

@joe shikspack

Fucking Bastards (not to put too fine a point on it). Jimmy Dore is great. In his passion, he's not always 100% correct on his facts/recall/details, but his bullshit detector and boil-it-down pov is spot on.

The Banksters get bailed out from their reckless greed, Main St gets screwed. Thanks, Obama!

https://www.youtube.com/watch?v=g5uMtZgL1As

Youtube's next video for me was Sen Sanders poking holes in Geithner's bullshit 2/2009 re bailouts:

https://www.youtube.com/watch?v=MnoI9RsQ_wc

Of course, Sanders was just playing to his race- and women-dismissing Bros...

Ha! Youtube's next video for me was Sen Warren tearing Geithner's obfuscation on the bailout $$$ to shreds: "Where did the money go?" "Uh, hummina hummina"

https://www.youtube.com/watch?v=Egc_5UAJIIk

up
0 users have voted.

JVolvo2

joe shikspack's picture

@JVolvo2

exactly!

good to see you!

up
0 users have voted.
Lookout's picture

@joe shikspack

...and put together something else today. People borrow money to buy stocks. I've always seen them as investments, but really it is a gamble with money people don't have. Looks like rising interest rates - so sell off while there's a profit and pay off the debts before the rates go up pocketing the gains (or buying gold or whatever).

As I said this market stuff is a casino culture beyond my pay scale. All the best and thanks for your insights!

up
0 users have voted.

“Until justice rolls down like water and righteousness like a mighty stream.”

Azazello's picture

At least Lawrence Wilkerson, unlike his boss, is trying to make amends by telling the truth.
[video:https://www.youtube.com/watch?v=6ASt6PD5TUU width:400 height:240]
Here's The Young Turks on Art Jones:
[video:https://www.youtube.com/watch?v=FXFm0HegENA width:400 height:240]

up
0 users have voted.

We wanted decent healthcare, a living wage and free college.
The Democrats gave us Biden and war instead.

joe shikspack's picture

@Azazello

heh. how can you tell when a member of the u.s. government is lying when they make a pitch for war?

their lips are moving.

up
0 users have voted.
Azazello's picture

@joe shikspack
thanks for posting it. The author, Sharon Tennison, works at the Center for Citizen Initiatives, website here: ccisf.org. They have been working for better relations with, and better understanding of, Russia for a long time. One of the things they do is arrange trips to Russia for interested Americans. During their May, 2017 trip they filmed a presentation by Vladimir Pozner, remember him ? That presentation is on YouTube. I watched it a while back and learned a lot. I know that not everybody is interested enough to watch a 2 hr. vid about Russia, but here's the link just in case: Meeting with Vladimir Pozner, YouTube
Here's a Keith Richards quote:

We went touring the USA in November ’69 with Mick Taylor. B.B. King and Ike and Tina Turner were the opening acts, which was a hot show just by itself. Added to that, it was the first tour that the open-tuning riffs –the big new sound– were let loose on audiences. The most powerful effect was on Ike Turner. The open tuning fascinated him the way it fascinated me. He dragged me into his dressing room basically at gunpoint, I believe in San Diego. “Show me that five-string shit.” And we were there for about forty-five minutes, and I showed him the basics of it. And the next thing was Come Together, that beautiful album that Ike and Tina did, all of it was five-string. He got the hang of it in forty-five minutes, picked it up like that. But to me the amazing thing is, I’m showing Ike Turner shit ? With musicians there’s this weird crossing over between awe and respect and being accepted. When the other guys come to you and go, hey, man, show me that lick, and they’re the guys that you’ve been listening to for years, that’s when you know you’re among men now. OK, I can’t believe it, but I’m part of the front line, top hands.

up
0 users have voted.

We wanted decent healthcare, a living wage and free college.
The Democrats gave us Biden and war instead.

joe shikspack's picture

@Azazello

thanks for the pozner link, sounds interesting.

you might enjoy this clip...

up
0 users have voted.
Azazello's picture

@joe shikspack
I think I'll watch part too two.

up
0 users have voted.

We wanted decent healthcare, a living wage and free college.
The Democrats gave us Biden and war instead.

snoopydawg's picture

NATO and the US starts their military buildup then Russia responds by increasing its military equipment to defend against a possible attack and it is accused of being the aggressor? Alrighty then.

A commentator on the Powell story is laughing at the people who knew that the FBI and other agencies were lying about the WMDs and took to the streets, but are now believing them about the Russia story. I agree.

up
0 users have voted.

Which AIPAC/MIC/pharma/bank bought politician are you going to vote for? Don’t be surprised when nothing changes.

joe shikspack's picture

@snoopydawg

NATO and the US starts their military buildup then Russia responds by increasing its military equipment to defend against a possible attack and it is accused of being the aggressor? Alrighty then.

just like on the playground, whoever complains the loudest is right.

heh, ms. shikspack tells me that over on twitter, glenn greenwald is ripping rob reiner a new one over reiner's fawning comments supporting james clapper and john brennan.

up
0 users have voted.
Meteor Man's picture

Breaking News! The CIA and FBI lie to the American people! Except when they don't:

The central, and most damaging, accusation in the memo published Friday by House Republicans is that the FBI failed to disclose the bias of one of its sources when it applied to wiretap Carter Page.

Unfortunately:

It’s not true. As the Ellen Nakashima reported, the application to wiretap Page did disclose that one of the sources of intelligence to generate suspicion that Page might be acting illegally came from a political source. It was mentioned in a footnote on the FISA application. Nunes was asked about this on Fox & Friends. He did not deny the point. Instead he insisted that it wasn’t good enough because the disclosure was merely a footnote.

http://nymag.com/daily/intelligencer/2018/02/nunes-fine-the-fbi-didnt-li...

Catching the FBI telling the truth about something is actually quite an accomplishment. For an encore, maybe The House Intelligence Committee can catch Trump telling the truth.

up
0 users have voted.

"They'll say we're disturbing the peace, but there is no peace. What really bothers them is that we are disturbing the war." Howard Zinn

joe shikspack's picture

@Meteor Man

maybe The House Intelligence Committee can catch Trump telling the truth

as they used to say, just because you're paranoid doesn't mean that they're not out to get you. perhaps a small adjustment... just because you're a pathologically prevaricating narcissist with a martyr complex doesn't mean that people aren't out to do you in.

up
0 users have voted.
OLinda's picture

UK - British judge upholds Assange warrantVideo

This is not correct. According to Julian, there are 4 points the court needs to rule on. They ruled against him on only one point today. If he wins just one of the remaining three, the warrant will be canceled.

I posted a bit about this on an earlier essay if anyone is interested. (Scroll down for a 2nd comment.)

up
0 users have voted.
joe shikspack's picture

@OLinda

thanks for providing some clarity on that. in the piece (about 2 minutes in) there is some confusing commentary about the judge considering some of the other items that assange's lawyers put forward as well as the possibility that assange might yet appeal the decision. that was followed by a statement that there would be no immediate relief for assange.

i intentionally juxtaposed the assange decision against another u.k court's lauri love decision which determined that the u.s. prison system is too crude and harsh to send a person who suffers mental problems to in good conscience.

that u.k. court precedent might serve assange well.

up
0 users have voted.
Meteor Man's picture

Lots of reasons and finger pointing. This was interesting:

BlackRock distances itself from products that have freaked out the market

Much of this week's market tumult arose from huge losses to exchange-traded products that work off volatility.

BlackRock, the biggest issuer in the world, says it does not offer such products and it wants greater regulation.

Comments from the story about exotic leveraged derivatives:

In an interview Tuesday afternoon, billionaire investor Carl Icahn called derivatives "fault lines" that eventually will lead to a market implosion.

"The market is a casino on steroids," Icahn told CNBC's "Fast Money Halftime Report."

CNBC's Jim Cramer characterized the VelocityShares Daily Inverse VIX a "phony product" and "toxic cigarette for the market."

https://www.cnbc.com/2018/02/06/blackrock-distances-from-etf-products-th...

up
0 users have voted.

"They'll say we're disturbing the peace, but there is no peace. What really bothers them is that we are disturbing the war." Howard Zinn

joe shikspack's picture

@Meteor Man

and regulate derivatives.

it will be both terrible and amusing when the shit hits the fan.

up
0 users have voted.
mimi's picture

@joe shikspack
be amusing?

When only comedians can do the truth telling in 'joke-format' the truth doesn't get more amusing to me. Since the days of the
Rally to Restore Sanity and / or Fear
, I lost my capability to be amused by well paid joke formatting political pundits.

Not really funny, right? Not really amused, right? So, why not say, fuck that shit it's terrible. Period.

I still have to read through the EB. May be it will amuse me. Wink

Usually reading the EB informs me, and then I end up totally unamused. I need Dr. Alligator to help me heal from this strange virus messing with my amusement meter.

Nothing for Ungood.

up
0 users have voted.
mimi's picture

@mimi
Wildlife Trade Researcher Esmond Bradley Martin Found Murdered in Kenya - He helped shine a light on the shadowy trade of ivory and rhino horns

Even smart news tweets are not amusing...

Reuters reports that at the time of his death, Bradley Martin was preparing to publish a report showing how the ivory trade had shifted from China, which brought an end to its ivory trade last year, to neighboring countries.
...
There is no indication thus far that Bradley Martin was targeted in a deliberate attack, but van der Zee reports that there are “concerns that the murder may have been related to Bradley Martin’s work.” A number of wildlife conservationists and campaigners have been murdered in recent years, among them Wayne Lotter, who was shot dead in Tanzania in 2017.

or this:
In Memoriam: Esmond Bradley-Martin, ivory trade researcher, is killed in Kenya

Sigh.

up
0 users have voted.
joe shikspack's picture

@mimi

something terrible can be darkly amusing, it can offer opportunities for schadenfreude. also see: poetic justice.

up
0 users have voted.

@Meteor Man

"Credit Suisse said it will end trading in a security that some investors believed was exaggerating movements in volatility futures markets and even the overall stock market.

The last day of trading for VelocityShares Daily Inverse VIX Short-Term exchange-traded note (XIV) will be Feb. 20, according to an announcement from Credit Suisse. The bank is triggering this liquidation because the product during these last three volatile days could not keep up with the scenario it was supposed to track: a calm market.

The XIV security, which had fallen roughly 85 percent in after-hours trade Monday, resumed trading Tuesday, closing down 93 percent."

https://www.cnbc.com/2018/02/06/the-obscure-volatility-security-thats-be...

up
0 users have voted.

JVolvo2

Lithuania is an economic basket case with a shit-load of people leaving the country for a better life in other EU countries (along with nearly every Eastern European country. Screaming about Russians placing missiles on Russian soil just plays up into the message the neocons want to hear and which is rewarded with more help.

up
0 users have voted.
joe shikspack's picture

@MrWebster

the kind of amusing thing about it is that the "help" and welfare they are getting does little for their nation's economy and well-being. on the other hand, it probably ingratiates their elite class to western powers-that-be, so there are likely personal rewards for the behavior.

they could have a huge peace dividend, but, well, that's not how power is achieved i guess. starve the people and stash the graft, damn the torpedoes!

up
0 users have voted.

@joe shikspack I was in Lithuaania after the break up of the Soviet Union in a rural area that saw the worst fighting of Lithuanian partisans against Soviet government. There was no hatred toward the Russians. The worst thing they said was that the Russians taught them to drink vodka and that Russians were lazy--and this from people who were still alive to have witnessed World War II and the Soviet occupation. A lot of the shit coming from the Baltics, Poland, and the Ukraine to be quite frank is from anti-Semites fascists.

up
0 users have voted.

@MrWebster

Fucking Neocons leveraging people's misery for their global agenda...

up
0 users have voted.

JVolvo2

Meteor Man's picture

Wow! I thought I was done for the night, but this story was intriguing:

IBT employees were not paid last night,” a current Newsweek employee told TheWrap. “They claimed we were about to get paid by 3 and 5 today and if we don’t get paid by 5 I am going to lead the f—ing revolution.”

Company management fired “everyone on that investigative team and a ‘payroll error’ last night means nobody in the company got paid,” said the employee. “They are apparently in a ‘work stoppage’ and being sent home for the day.”

https://www.thewrap.com/newsweek-fallout-top-editors-reporters-fired/

up
0 users have voted.

"They'll say we're disturbing the peace, but there is no peace. What really bothers them is that we are disturbing the war." Howard Zinn

joe shikspack's picture

@Meteor Man

some impressive fireworks there! Smile

up
0 users have voted.
hecate's picture

The Hairball's buddy Duterte is now crushing cars. Maybe The Hairball will crush some cars when he has his big military parade in Washington DC. Those who do not clap for The Hairball—thereby committing treason—will be placed in the cars, and then the cars will be crushed. The Americans will watch on their televisions. They will chant "USA! USA! USA!"

up
0 users have voted.
joe shikspack's picture

@hecate

heh. i wonder if duterte has been watching the movie "idiocracy."

up
0 users have voted.