Tuesday, August 07, 2018


News Links, August 8, 2018

## War on cash/cashless society/cryptocurrencies ##
Tech giants are coming for your wallet, and all the data inside it
Cashless payment system? Kiss your privacy goodbye. -- RF
The social network has asked several US banks to share customers' financial data, including card transactions and checking account balances, The Wall Street Journal reported on Monday.
Again, if you value your privacy, you need cash-based financial transactions. -- RF

## Airline death spiral ##

## Fault lines/flashpoints/powder kegs/military/war drums ##
Pompeo echoes Bolton: US had no connection to Maduro assassination attempt
Everyone knows that Venezuela is on America's regime-change list, and the US is therefore the prime suspect in the eyes of the world public. If not, there would be no need for such vehement denials. -- RF
European Union Vows to Block US Sanctions on Iran
Top European Union officials say they "deeply regret" President Trump's move Monday to start reimposing nuclear sanctions on Iran. The officials also have promised to block the US sanctions and preserve the deal.
NATO to Set Up Its First Air Base in Western Balkans

## Migrants/refugees ##
Over 400 migrants have been rescued in the Mediterranean

## Global unrest/mob rule/angry people/torches and pitchforks ##
Protesters in oil-rich Basra threaten to block bridges, roads
Militants Attack Iraqi Power Line Eight Times In Two Months
A high-voltage power line in Iraq has been targeted by Islamist militants eight times over the past two months, the country's electricity ministry said, adding the latest attack caused power outages across three provinces.
If only we have better storage, we can ditch fossil fuels... or so the story goes. But the problem isn't storage, it's that renewables can't deliver the huge amount of surplus energy that fossil fuels can. Humanity needs to focus on substantially reducing energy consumption by switching to far more frugal living. Instead, we are now focused on maintaining our current unsustainable economies, an effort that is leading to certain collapse. -- RF
'Snapchat dysmorphia' fuels new, cartoonish plastic surgery requests, experts say
Antianxiety drugs — often more deadly than opioids — are fueling the next drug crisis in US
Silence on U.S. Meddling Abroad
Among the most fascinating aspects of the brouhaha over supposed Russian meddling in America's electoral system is the total silence in the U.S. mainstream press about U.S. meddling in the political affairs of other countries.
Pilger Excoriates Media on Assange Silence

## Propaganda/censorship/fake news/alternative facts ##
The US moves ahead with its project to adopt the China model of propaganda and media control. -- RF
Here Are 410 Movies Made Under The Direct Influence And Supervision Of The Pentagon
Lying presidents: The American Sea of Deception

Could Tokyo ever go critical and make nuclear weapons?
Report says Japan has enough plutonium to make up to 6,000 nuclear weapons and has the technical ability and economic capacity to manufacture them

## China ##
China won't shoot itself in the foot by weaponising the yuan
As in the 1997 Asian Crisis, holding the line on the currency gives Beijing an opportunity to build on its soft power and position the yuan as a genuine international and reserve currency
This is, at the least, getting the cart before the horse. The UK government first needs to present a coherent, logical, and believable explanation for events, instead of its current cockamamie conspiracy theory. -- RF
Farmers using medieval methods to combat rural crime
Farmers put up earth banks and dry ditches to block criminals who use 4 x 4 vehicles to get on to farm land
I got a vision of the future from this news. -- RF

## US ##
The 3.9% unemployment rate is not due to employment. It results from not counting discouraged workers who have ceased to search for jobs because there are no jobs to be had. If an unemployed person is not actively searching for a job, he is not counted as being in the labor force. The way the unemployment rate is measured makes it a hoax.
Public dissatisfaction notwithstanding, Trump is not the disease, but rather a symptom of the disease. Vandalizing or removing his star may let off steam, but it does nothing to change the system. -- RF
History shows, however, that the dominant language changes with the times. Be prepared. -- RF

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