Thursday, October 20, 2016

 

News Links, October 21, 2016

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
Shadow Banks, No-Down-Payment Subprime Mortgages in Canada's House Price Bubble

Enbridge cuts 5 percent of work force in Canada, U.S.
Hedge Fund Managers Expect 'Massive' 34% Pay Cut, Survey Says

## War on cash/cashless society ##
Who's Powering the War on Cash? — The Alliance is in place.
In addition to skimming people's money with fees and negative interest rates, cashless systems can database every transaction made (if the banks decide to allow them), so that who bought what, when, where, and for how much will be cataloged and shared with anyone who has the money or power to obtain the data. By the way, it's also a safe bet that loyalty card issuers likewise database all the information gained from cardholder purchases. How much are those card benefits worth to you? -- RF

## Fault lines/flashpoints/powder kegs/military/war drums ##
China may give Filipino fishermen access to Scarborough - sources
FM Says Serbia Faces Pressure to Join Sanctions on Russia
Serbia's foreign minister complained on Wednesday that the Balkan country seeking EU membership faces pressure to join Western-backed sanctions against Russia, describing it as "absolutely unacceptable."
As Election Day Nears, Military Hawks Circle to Promote New Wave of War
Though the hawkish stance of Democratic presidential nominee Hillary Clinton has been too often ignored this election season, new reporting on Thursday highlights how her presumed win in November will likely usher in a more aggressive, bipartisan foreign policy in the Middle East and beyond.
The Risks of Clinton's Syrian 'No-Fly Zone'
Hillary Clinton's scheme for a "no-fly zone" – if implemented without the Syrian government's approval – would be an act of war and a risk of a nuclear showdown with Russia.
Clinton Repackages Her Syrian 'No-Fly' Plan
In a surprise twist, Hillary Clinton dramatically revised her scheme for a "no-fly zone" over Syria, presenting it as a subject for negotiation with Syria and Russia.
In their view, Obama was not aggressive enough, and Trump wouldn't cooperate in implementing the Imperial Plan. That leaves Clinton. -- RF
Since World War II, the U.S. has been the big boss leading a band of lackey nations, mostly in Europe but reaching distant Australia which tags along for the periodic pummeling of some hapless country.

## Global unrest/mob rule/angry people/torches and pitchforks ##
Philippine Police Van Rams Protesters in Front of US Embassy
A Philippine police van rammed into protesters, leaving several bloodied, as an anti-U.S. rally turned violent Wednesday at the American embassy in Manila.

## Energy/resources ##
The oil industry is already in a death spiral, but that has nothing in particular to do with EVs. -- RF
Jobs And Health Risks: Waiting Tables More Stressful With Higher Risk For Stroke Than Doing Brain Surgery
It's more stressful to be a waiter than a brain surgeon, and you're more likely to have a stroke because of it, scientists have found. The lack of control service-industry workers have over their job combined with the heavy workload imposed on them every day make it one of the most stressful industries to work in, according to a new study.

## Intelligence/security/internet/cyberwar ##
Facial recognition technology used by police raising civil rights concerns
About 117 million Americans are included in the database, many of which are law-abiding citizens never accused of committing a crime.
In what's believed to be an unprecedented attempt to bypass the security of Apple iPhones, or any smartphone that uses fingerprints to unlock, California's top cops asked to enter a residence and force anyone inside to use their biometric information to open their mobile devices.

## Propaganda/censorship ##
Good Deaths in Mosul, Bad Deaths in Aleppo
As the U.S.-backed offensive in Mosul, Iraq, begins, the mainstream U.S. media readies the American people to blame the terrorists for civilian casualties but the opposite rules apply to Syria's Aleppo.
The Democrats' Joe McCarthy Moment
To shield Hillary Clinton from criticism of her Wall Street speeches, the Democrats are engaging in a new McCarthyism for the New Cold War, suggesting that Donald Trump is in league with the Russians.

## Systemic breakdown/collapse/unsustainability ##
What Happens When the Electricity Is Off for Three Days?
First-hand account from Australia. It's a good read. Now imagine how the "modern" world will fall apart when it's not just three days. Imagine the usual scenario of a zombie apocalypse, only much worse. The reason is that in typical zombie apocalypse scenarios, there are very few humans left, whereas when industrial society falls apart, there will still be billions of people competing for what's left, and you'll experience (and, if you're very lucky, survive) an unbelievably brutal and savage free-for-all in which people madly butcher others in the fight over crumbs. Not only that: Because the remaining fossil fuel products will disappear quickly, those billions of people will be burning anything they can get their hands on for fuel. Whole mountains will be denuded of trees in no time. Goodbye forests! But there's still more, and it's much worse: After the grid goes down, nuclear power plants will be deprived of offsite power, and the moment their diesel generators are out of fuel, those plants and their spent fuel pools will begin the countdown to nuclear disaster. With hundreds of reactors dotting the world, there will be no place to hide. Have a nice day! -- RF
The Ruling Elite Has Lost the Consent of the Governed
Brimming with hubris and self-importance, the ruling Elite and mainstream media cannot believe they have lost the consent of the governed.
Of course. Net energy decline dictates that it can be no other way. Although the article doesn't discuss wages, low-skilled jobs generally pay less. -- RF
Just as at airports and other public places, the costs of security create an additional drag on the system. -- RF
Jailed 96 days on bogus charge: It is no one's fault?
Pulled over for traffic violations, Jessica Jauch was held for 96 days in a Mississippi jail without seeing a judge, getting a lawyer or having a chance to make bail. She was charged with a felony based on a secretly recorded video that prosecutors finally acknowledged showed her committing no crime.
Employment in manufacturing peaked in the U.S. in June 1979, at almost 19.6 million jobs. This September, that was down to 12.3 million.

## The candidates ##
Jill Stein: On War, Trump Is Safer Than Clinton
The Green Party's Jill Stein has spoken an inconvenient truth, that on the existential issue of a strategic war with nuclear-armed Russia, Donald Trump is less dangerous than Hillary Clinton.
We are left in this election with a choice… between a malignant, narcissistic protofascist and a lying neoliberal warmonger.
Worst of all is that neither candidate knows anything about energy, or how net energy decline is dragging down the system. They make extravagant promises that can't possibly be kept. -- RF
Forget the Election: Why Hillary Clinton May Be the Most Hated President of All Time
Hacked e-mails released by Wikileaks reveal the Clintons are exactly what their nemeses feared.
Why Hillary Clinton is a bigger concern for China than Donald Trump
So you think Donald Trump is the biggest threat to world peace? And Barack Obama engineered America's "pivot to Asia"?
Judging by Brazile's desperate evasion and non-answers, it's the Russians' fault that the DNC is corrupt. -- RF

And finally...




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