Thursday, August 24, 2017

 

News Links, August 25, 2017

## Global Ponzi meltdown/House of Cards/global cooling/deflationary collapse ##
U.S. stock valuations haven't been this extreme since 1929 and 2000

Baidu offers facial recognition technology to help Beijing airport streamline boarding, traffic

## Fault lines/flashpoints/powder kegs/military/war drums ##
Iran extends reach with fight for land link to Mediterranean
Still another challenge to the weakening Empire, which is being subjected to increasing worldwide pushback. -- RF
Warming Arctic spurs battles for riches, shipping routes
Russia warns against new sanctions on North Korea
A senior Russian diplomat is warning against expanding sanctions against North Korea, saying it's necessary to focus on a political settlement.
Egypt Snubs Kushner, Cancels Meeting After US Yanks $300 Million In Aid
Netanyahu To Putin: Iran Must Leave Syria Or "We Will Act"
Israel is threatening to escalate military action in Syria against perceived Iranian interests. This week Netanyahu declared, "we will act when necessary according to our red lines" while hinting he prefers ISIS presence in Syria as opposed to Iran aligned fighters at his border. This comes as ISIS is now crumbling, and at a time when most world leaders of nations driving the external proxy war in Syria have toned down their rhetoric regarding the future fate of the Assad government.

## Global unrest/mob rule/angry people/torches and pitchforks ##
Police disperse Trump protest crowd with tear gas at rally in Phoenix
Fantastic! Or is it? Why can't we liberate ourselves from the Cult of Speed and Power? This only consumes more energy and produces more pollution. And solves no problems. The sensible prescription is to redesign society so that it can get by on much less energy. Musk's proposed solution — a fleet of hot-shot monster electric cars — actually just aggravates the problem. -- RF
Switch to Renewables Won't End the Geopolitics of Energy
Countries that dominate the export of rare-earth minerals will be the petrostates of tomorrow.

## Got food? ##
Bill Gates and Richard Branson Back Startup That Grows 'Clean Meat'

## Solutions ##
Have We Lost the Ability to Adapt to Rapidly Changing Circumstances?
Successful adaptation requires a willingness to accept the risks of experimentation, innovation, flexibility and failure.

## Environment/health ##
Stunning NASA chart shows how fast the ground beneath our feet is heating up
Brazil opens vast Amazon reserve to mining
Brazil's government has abolished a vast national reserve in the Amazon to open up the area to mining.
Fidelity estimates a healthy, 65-year-old couple retiring this year will need $275,000 to cover their health-care costs in retirement.

## Intelligence/security/internet/cyberwar ##
Gitmo Judge Blocks 9/11 Defense Attorneys from Viewing 28 Pages

## Propaganda/censorship/fake news/alternative facts ##
Empire Files: Human Rights Hypocrisy – Colombia vs. Venezuela
Colombia and Venezuela: neighboring countries that receive extremely different treatment by the US Empire and the mass media. While Colombia is known for one of the worst human rights records in the world, it remains a top recipient of US military aid and enjoys uncritical press coverage in Western media–all while Trump threatens military intervention against Venezuela over unsubstantiated allegations.
US chastises Cambodia for curtailing press freedom
That's pretty funny coming from a country whose mainstream media are essentially propaganda mouthpieces. -- RF
Did the Economy Just Stumble Off a Cliff?
The signs are everywhere for those willing to look: something has changed beneath the surface of complacent faith in permanent growth.
And underlying these symptoms is the primary cause: net energy decline. It's all downhill from here. -- RF
Man Bleeds To Death After Stabbing As Bystanders Record Video
A man pleaded for help after reportedly being stabbed by four people in India Tuesday. He bled to death, while bystanders recorded the incident with their cellphones.


## US ##
Most Americans live paycheck to paycheck
Nearly 10 percent of those making $100,000 or more say they can't make ends meet.
Banks Earn Record Profits in Q2, Savers Sacrificed: FDIC
Savers have been shanghaied into doing an enormous job, in small increments, day after day, for nine years: Recapitalizing the collapsed US banking system and making it immensely profitable again, leading to high core-capital ratios, record bonuses, big-fat dividends, and massive share-buybacks.
It's the same mentality as people who built fallout shelters in the 1960s. There's no way to outlast the catastrophe, so sooner or later you have to come out and face the music (if you aren't invaded and overrun first). The only sensible approach to dealing with collapse is to form mutually supportive communities and get on with the job of building a new society. -- RF
Again, it doesn't make any sense to single out Trump, as many nut cases can be found among politicians everywhere. Any speculation over the mental health of US politicos should cover the entire War Party. -- RF
Congratulations... but what the heck does one person need with $700 million? This is symbolic of America's winner-take-all culture, just like the huge and growing income disparity. How about redesigning the system so that 700 people would win $1 million each? Surely many desperate families could use the money. -- RF




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