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Sunday, November 1, 2020

2020-11-01

COVID-19 notes:


A room, a bar and a classroom: how the coronavirus is spread through the air


Face Masks, Public Policies and Slowing the Spread of COVID-19: Evidence from Canada


The ‘very, very bad look’ of remdesivir, the first FDA-approved COVID-19 drug


COVID-19 outpatients – early risk-stratified treatment with zinc plus low dose hydroxychloroquine and azithromycin: a retrospective case series study




Transcript of very interesting interview of Zeynep Tufekci by Eric Topol:

The Remarkable Value of Thinking Broadly: A COVID-19 Trifecta


Topol re Tufecki: My take is that you have the data, you read assiduously, you review all the evidence, and you think mathematically and logically. You stick with it. You don't get modulated or diluted in terms of your thinking.:

….

Zeynep: I finally realized that people were in a groupthink. The real thing that was going on was a fear of the mask shortage and people hoarding. We had talked ourselves into a corner. We could have said, "Look, masks are probably useful but we don't yet know how useful. It makes sense to use masks for a respiratory disease. There's no downside to them." But we were afraid of the shortage. We should have talked about the hoarding and shortage — something that treats the public as a partner.

I saw this hostility to the public and it had cornered itself into a groupthink among the public health community, too. Instead of saying, "Don't hoard masks," we were saying, "They'll harm you." I thought, This is terrible, because we're going to have to change this policy. And when we change the policy, people won't believe us because a pandemic is a communication emergency. Be right. Be first. Be credible. We're going to have to switch messaging at some point and then we're not going to be credible.

… One thing that is my longtime interest is complex systems thinking and how the probability distribution really matters. When we teach methods, this is something we try to teach. We're more used to thinking of Gaussian distribution, where the average is representative. If you look at something like height, most people are neither tall nor short. This is the intuitive way of thinking about things. But many things, like wealth, have skewed distributions with fat tails: Some people have a lot of money right now. These kinds of things behave differently, and you have to think about them differently.

At this point, it had become clear that there were enough papers showing that this was a superspreading kind of pathogen.

… There are all of these mysteries to this disease that I think we were kind of papering over. For example, why was Lombardy hit hard but not Rome? I kept hearing these explanations: the weather, vitamin D, they have this and they have that. And I kept looking at the data and thinking, This is what in evolutionary biology you call a just-so story: Something happens to have evolved, and you go back and think exactly what might have worked, but you're actually making up a story. It doesn't really explain what happened. It seems like a good story, but it doesn't exclude other explanations.





Regular Related Fare:



US GDP Soars By A Record 33.1% In Q3, Smashing Expectations





True Rate of Unemployment


The True Rate of Unemployment, as defined by the Ludwig Institute for Shared Economic Prosperity (LISEP), measures the percentage of the U.S. labor force that is functionally unemployed.



The Fed Will Monetize All Of The Debt Issuance

There has been a rising concern as of late about surging inflation as the Government injects more stimulus into the economy. While it seems logical, the reality will be quite different as weak economic growth rates force the Fed to monetize the entirety of future debt issuances.



Congress, Not The Fed, Is The New Driver Of Financial Markets

When the pandemic hit this year and we saw historic levels of deterioration in the economy and the markets, QE was the lever the Fed immediately went to, quickly lowering long rates down to close to zero. Yet that wasn’t nearly enough stimulation for the economy.

At that point, the Fed had two options to avoid a deflationary depression, keep the same QE approach which would mean forcing long rates into the negative territory like Europe, or keep nominal interest rates low and steady and manage inflation expectations in order to force real interest rates negative. As you can see in the chart below, the Fed chose the second route. They kept the nominal interest rate nearly constant while stimulus checks from Congress boosted inflation expectations, thus suppressing real interest rates to be materially negative.

To the extent the US can, they will continue to prefer the second route because it is much less disruptive to the financial system to have low and steady nominal interest rates than negative ones, especially as the reserve currency of the world. While this second option seems more palatable, they both punish savers in the form of negative real returns. So what does this new era of monetary policy mean for the economy and markets?

First and foremost, the Fed is now no longer in control of monetary policy. …

Second, instead of economists fine tuning interest rates on a daily basis, monetary policy now depends on politicians passing stimulus bills…



Suboptimal Outcomes, MMT And The Financial Tabloid Barons

One of the interesting (and somewhat unfortunate) aspects of the increasingly vociferous public debate around Modern Monetary Theory, involves the cognitive dissonance exhibited by those who have spent years (and in some cases decades) lampooning central banks’ inability to raise rates and generate inflation, but who now contend that accepting the reality of MMT is “dangerous.”






Regular Fare:


Welcome to the zombie global economy





Do Banks “Spend” Reserves?


As regular readers are no doubt aware, I’ve often argued against the notion that QE operations conducted by the Bank of Canada are inherently inflationary, since no new money is actually “printed” as a result. More specifically, when the Bank of Canada purchases assets in the secondary market from commercial banks, they do so not by creating the type of money that you and I hold in our savings and chequing accounts, but by creating a different type of money called “reserves” within the banking system. Reserves, of course, only ever exist in reserve accounts that are held at the Bank of Canada, and only commercial banks and the Government of Canada are privy to such accounts.

Banks use reserves (also called “settlement balances” here in Canada) to settle payments with one another, but the reserves themselves effectively live within a closed system. In other words, banks don’t ever transfer reserves to your bank account or mine since only the government and commercial banks hold reserve accounts at the Bank of Canada. Since these reserves don’t ever flow through to the deposit accounts that citizens hold within the banking system, I’ve often explained that QE’s creation of reserves isn’t “money printing” at all, and isn’t really inflationary in nature. After all, if reserves are only ever shuffled back and forth between commercial banks and never leave the closed system of reserve accounts, then these reserves are never really “spent” into the broad economy.



Does this then mean that QE, when it creates reserves for commercial banks, is inherently inflationary?

No, because the operation resulted merely in the exchange of a fairly liquid asset with an even more liquid asset, all the while keeping net wealth unchanged. The process of QE simply removes a bond asset from a commercial bank’s balance sheet and adds an equal value of reserves in its place. As the folks in the Monetary Realism camp have long argued, the operation ultimately just exchanges a form of less liquid money (the bond) with more liquid money (reserves).

There is no practical reason why the Bank could not in the first place have sold their highly liquid bond for money, and then spent this money if that had in fact been their original intent. The exchange of reserves for bonds does not by itself increase the propensity of the bank to spend these reserves back into the economy in a way that causes real inflation



Why China’s official data don’t add up



Long read from the NYFed: China’s Growth Outlook: Is High-Income Status in Reach?

Commented on here: China’s Growth Challenge





Bubble Fare:


‘Classic Toppy Signs’ In An Insane World



Crescat Capital Quarterly Letters have been essential reading for me, like reading Hussman and Grantham, since the first I read, back in Oct 2006,

CRESCAT CAPITAL QUARTERLY INVESTOR LETTER Q3 2020

The art and science of macro investing is comparing past business cycles with the present across a mosaic of different indicators and time frames to determine the most probable path forward for markets. Throughout time, financial markets and the economy have been intimately linked to cycles of expansion and contraction of money and credit. The Federal Reserve was created by bankers and enacted by Congress in 1913 to provide a more flexible and stable monetary and financial system, but by no means did the Fed repeal the business cycle. In fact, the central bank has often played a role in amplifying booms and busts. For example, after introducing large-scale purchases of government securities to stem the recession of 1923, the Fed continued to expand the money supply and suppress interest rates through the remainder of the 1920s. Such monetary policy fanned the flames of historic stock market speculation which culminated in the stock market crash of 1929 to 1932 and the Great Depression. The macro set-up today is eerily similar as we will explain below.

….

At Crescat, our composite of eight fundamental stock market valuations measures shows that we have the most euphorically over-valued US stock market in history, higher than 1929 and higher than 2000. As prudent investors and fiduciaries, we are forced to devise strategies to protect against the combined risks of the most overvalued US stock market and the largest global debt-to-GDP imbalance ever. The historic blueprint for the unwinding of such twin manias is the reason why we are such big proponents of the “buy gold and sell stocks” theme at Crescat today.

There are three useful case studies to understand why investors need to seriously consider a hedged strategy of shorting the most over-valued US equities and buying undervalued gold and silver mining companies in an attempt to capitalize on (rather than be run over by) the likely unwinding of today’s stock market and credit imbalances. Only one side needs to play out for this spread trade to work, but what is so interesting now is that history shows that both sides can win substantially under the macro setup like we have today: …






(not just) for the ESG crowd:


Too few companies disclose financial hit from climate change, regulator says


Net-zero emissions by 2050: leadership or climate colonialism?


Trans Mountain expansion may not be economically viable, says think tank report





Tweet of the Week:

Ann Pettifor: This is insightful - but neglects one big thing: the real economy. Inflation/deflation not driven by money supply or fiscal spending - but by the expansion/ contraction of economic activity.

Re: Banks, QE, and Money-Printing

The crux of this article is that quantitative easing on its own, and quantitative easing combined with massive fiscal deficits, are two very different situations to consider when it comes to analyzing the possibilities between inflation and deflation, and what constitutes “money printing”.




Fun Fare:

Tweet Vid of the Week:


Ten polar bears - six adults and four cubs - besiege a stalled rubbish truck in Russian Arctic. Fellow driver tries to scare the predators away as they climb inside the truck to feast on scraps



Pic of the Week:







EXTRA FARE:



COVID Fare that contradicts mainstream messaging / common “wisdom”:



Choose Truth and Choose Life. By Vladimir Zev Zelenko M.D

Truth stands the test of time. We are currently engaged in World War III with over 210 countries fighting the same invisible enemy. Regardless of the root causes of the Covid-19 pandemic, the world’s response to this crisis is killing more people than the actual virus. In this response, I see powerful and methodical groups colluding to obstruct the flow of life-saving information and medication. Let me explain.

In early March, I was forced by circumstance to treat my patients with Covid-19 in the out-patient setting. With divine providence, research and a battlefield medicine approach of trial and error, I developed a highly-effective out-patient treatment now referred to as “The Zelenko Protocol.” There are three key components to this protocol: First, risk stratify patients. That is, identify high-risk patients who have a 5%-10% chance of dying from Covid-19. Second, start treatment within the first five days of the onset of symptoms based on clinical suspicion. Yes, perform PCR testing, but don’t withhold treatment pending results. Third, use a three-drug regimen of Zinc, Hydroxychlorochine (HCQ) and Azithromycin. This out-patient, pre-hospital treatment protocol shows an 84% reduction in hospitalization and death if properly followed.

The rationale for risk stratification is because the Covid-19 virus disproportionately harms and kills patients older than 60, and younger patients who have comorbidities such as diabetes, high blood pressure, cancer, heart disease, etc.

The rationale for immediate treatment is because the viral load in a patient remains relatively constant during the first few days of the infection. This is when a patient has mild-flu like symptoms. After five days of having symptoms, however, the Covid-19 virus begins to replicate at an exponential rate. Based on my team’s and my treatment of thousands of patients, it is clear that after five days of symptoms most high-risk patients begin to develop devastating complications such as catastrophic lung injury and blood clots. Therefore, high-risk patients must be treated immediately based on clinical suspicion of Covid-19. Waiting to go to the doctor, or waiting for the results of confirmatory testing before starting treatment, is the very essence of the problem and leads to many unnecessary hospital admissions and deaths.

Therefore, all the studies related to the efficacy of HCQ that were performed on hospitalized and critically-ill patients either missed the boat or were intentionally designed to fail.

The rationale for the three-drug regimen turns out to be elegant and simple. Covid-19 is an RNA virus that enters the cell and hijacks the cell’s resources to replicate itself. Zinc blocks RNA viral replication by inhibiting the function of RNA Dependent RNA Polymerase (RDRP). However, Zinc is a positive cation in solution, it therefore has difficulty crossing through the cell membrane's phospholipid bilayer to get into the cytoplasm and to inhibit the virus’ replication.

HCQ is a Zinc ionophore, which opens a channel in the cell membrane’s phospholipid bilayer and transports the Zinc into the cell’s cytoplasm where it is able to attack the virus. In other words, both Zinc and HCQ are required in order to kill the virus.

Therefore, all the studies that were performed with HCQ but without Zinc either missed the boat or were intentionally designed to fail.

Azithromycin is a well known and safe antibiotic and most likely prevents the patient from developing secondary opportunistic pneumonia. It has recently been reported that Azithromycin may have antiviral properties as well.

The three drug regimen included in “The Zelenko Protocol” may be administered orally, at home, and costs approximately $20 for the entire treatment. Since April, I have continued to adjust certain aspects of this treatment protocol based on real-world results because I believe that the sanctity of life and the art of medicine requires constant tailoring to find the right treatment for each individual. Please see the comprehensive guide to “The Zelenko Protocol.”

The negative propaganda regarding HCQ and “The Zelenko Protocol” and the fraudulent or poorly designed studies released since this pandemic began have resulted in thousands of unnecessary global deaths from Covid-19. As of 7:50 PM EST on October 15, 2020 there are 1,094,979 recorded deaths from Covid-19. A vast majority of these could have been easily avoided with timely treatment with this three-drug regimen.

The false narrative regarding HCQ has nefariously demonized this life-saving medication. The false safety concerns regarding HCQ have created global panic among patients, physicians, and governments. The truth is that HCQ is one of the safest medications in the world. It has been used by millions of patients for 65 years in the treatment of malaria, malaria prophylaxis, and several rheumatological diseases. It is also given to pregnant women, nursing mothers, and children.

According to Dr. Harvey Risch M.D. PHD, from the Yale School of Medicine, studies from around the world overwhelmingly and statistically prove that early treatment of high-risk patients with HCQ and Zinc works. However, the studies that are used to demonize HCQ, The Zelenko Protocol and other treatment regimens, are seriously flawed and were designed to fail. For example: the Lancet study was retracted for fraud. The Recovery Trial sponsored by Oxford used lethal doses of HCQ. The Veterans Administration study from Virginia used only critically ill and hospitalized patients on respirators. This is just to mention a few.

As everyone knows, the lockdown response to the Covid-19 pandemic has been catastrophic on many levels. The collateral damage of societal closure has resulted in a drastic increase in suicide rates, and a pandemic of child and spousal abuse. Many chronic illnesses and general patient care have been neglected due to people’s lack of access to routine care. The worldwide economic devastation has psychologically traumatized our societies and has sent thousands of families into poverty and businesses into bankruptcy. And the long term consequences of these lockdowns are not yet fully apparent.

My interest is to save lives and end the pandemic, right now. This may easily be accomplished if governments act in the best interests of their people. This means encouraging doctors and patients to treat Covid-19 immediately, making the medications readily available, and removing any governmental obstacles to the use of these medications.

The forces that oppose HCQ and “The Zelenko Protocol” are powerful and numerous: some politicians seeking power for their party if the economy continues into a tailspin; big-pharma executives seeking profit from their expensive medications and vaccines; the WHO pushing its agenda in line with the interests of its funding sources; anarchists seeking anarchy; just to mention a few.

But truth will stand the test of time. In the meanwhile, perhaps if the politicians, big-pharma executives and everyone else were to remember that each of us, including the old and those with comorbidities, .. that life has sanctity, then perhaps thousands more won’t needlessly have to die while the truth struggles to set itself free.


Full disclosure, fwiw: what Zev thinks politically b/c of the above





More (Related) Must Reads of the Week:


The Great Reset for Dummies

… Our entire history is a sum of subjective choices—where the choices of the more powerful and the more driven weigh more. And religious reform, which typically stems from various powerful individuals’ subjective preference for what the big picture should be like, has been a driver of large-scale social, economic, and cultural changes on this planet for centuries. What we are looking at here is a new religion—and as much as I want to believe in the general cleanliness and rationality of the system—on the higher level, we are not dealing with a rational, scientific, honest, benevolent—or even misguided—attempt to make things better. When it comes to the masterminds of the Great Reset, we are dealing with a combination of standard greed—and the emotional pathology of restless, rotting madmen who are freaking out over the maintenance of their property in this new era, and who resent their biological nature as such and want to be gods. Sadly, the crazies are rich and well-connected, and they can hire a million underlings to put on a convincing, feel-good, rational external-facing presentation about their new religion. And to bribe the media. And politicians. And academics. And campaign organizers. And non-profits. And let’s not forget my brethren, the artists, who, out of starvation and indignity, will then create beautiful, artful, moving ads for anything that pays. And by the time the circle is complete, we have a brand new public opinion and technically, still a “democracy”! If only those conspiracy theorists went away…

So, who are the people leading this, and how coordinated is this effort?



We Are Pawns In A Bigger Game Than We Realize

… The conclusion I draw from my narrative (vs. theirs) is that we can no longer assume that the public health or saving lives has anything to do with explaining or understanding the actions of these health “managers” (I cannot bring myself to use the word authorities).

After we eliminate the impossible – which is that somehow these massive, well-funded bodies have missed month after month of accumulating evidence in support of ivermectin, hydroxychloroquine, vitamin D, NAC, zinc, selenium and doxycycline/azithromycin – what remains must be the truth.

As improbable as it seems, the only conclusion we’re left with is that the machinery of politics, money and corporate psychopathy is suppressing life saving treatments because these managers have other priorities besides public health and saving lives.


I do find this hard to believe, but, who knows, from Pearl Harbor to JFK to 9/11, is anything really too far-fetched?
Is this leaked info really Trudeau’s crazy COVID plan for 2021? You decide …



One Man's (Data-Driven) Journey From Zombie Apocalypse To Lockdown-Skeptic


A couple of recurring conspiracy theory themes keep being circulated to me, they are specific to Canada but I’m sure these are typical across all locations. I find these maddening because there is plenty of factual, well sourced and scientifically verified counterfactuals to draw from when being critical of the near universal mishandling of pandemic response by national governments worldwide.

For lockdown skeptics, embracing or amplifying fact-free hysterical conspiracy theories makes them look like lunatics, so they should stop doing that.

Allow me to dispense with the two big Canuck-themed conspiracy theories and then inject some much needed sanity into the conversation via a recent Triggernometry podcast with guest Ivor Cummins.

Enough conspiracy, let’s stick to data and science to end the lockdowns...

My journey from Zombie Apocalypse to lockdown skeptic


I began monitoring the reports of a new virus emerging out of China in January. On January 23rd I emailed a friend advising him to go out tomorrow and pick up some N95 masks, and by the first week of February I was stocking up food, medical supplies, cash, and weapons. I was expecting a full breakdown of the global supply chain and a collapse of the global economy. Based on early reported numbers of an R0 around 3.1 with an IFR of 5%, it looked like we’d see doubling times of 15 days. By March all three levels of government, city, province and national were reporting case rates and fatalities daily. I put together a spreadsheet and using those numbers as a model I forecasted Toronto to have 1.7M cases by the end of June. If the IFR really was 5%, or even 3%, it would mean between 51,000 and 136,000 fatalities.

This was terrifying, so as the world started locking down, it seemed to make sense. In fact I was wondering why we were still allowing inbound flights from hotspots like China? There were rumblings from The Clerisy like the New York Times that blocking flights from China would be racist. This was the early innings of the politicization that was to follow.

But then, a curious thing happened. The rate of change in infections and fatalities started coming down, drastically.

By June it was clear to anybody following the data that this was, at least for now, largely in the rearview mirror. I had been in touch with an old friend who now ran IT for several hospitals. In January he was trying to get administrators to take COVID seriously. By May, they had built 4 additional ICUs across the hospitals and they were sitting empty. Worse, resources were being denied to other medical uses. He was beginning to wonder if maybe this wasn’t going to be as bad as we both originally thought.

Then, over the summer despite the clear slowdown in the severity of the pandemic, the policy response to it intensified. And then it all became political. Questioning the efficacy of continuing the lockdowns became associated with being alt-right. Pro-Trump. Or worse. A Narrative War ensued. If you questioned official policy, you got deplatformed.

Now we’re in the fall and the case counts are back up and Second Wave Hysteria is in full effect. The only problem is, the fatality rate is on the floor. Another problem is this shouldn’t be a problem. It should be good news!

What does that mean? It means my model was wrong! Which is ok, and fortunate, in fact. Now I’m not an epidemiologist, so I’m allowed to get my models wrong. But what I did do, that policy makers and experts are not doing, is re-examining the premises in the face of new data.

There is no justification for more lockdowns

Which brings us to the Triggernometry podcast I mentioned above, which I never did get around to adequately explaining. It’s a great conversation with those merry comics Konstantin Kisin and Francis Foster and their guest this episode: biological engineer Ivor Cummins.

When you challenge the prevailing orthodoxy around anything COVID, it’s not uncommon for people to hysterically shriek at you that have to follow science and look at the data! Well, that’s what Cumins has done and here’s the upshot of what he (and many others) have found:



we can clearly see that the worst of the COVID-19 induced destruction is in the rear-view mirror. If the numbers change and new data emerges that changes things, I will modify my opinion accordingly. That’s the way it’s supposed work.

But we live in an age where policy makers working off of hypothetical models and career politicians with zero real world experience no economic skin in the game are egged on by billionaire monopolists philanthropists and their pet projects in narcissism re-imagining society. They don’t know how to do anything other than double-down on failure while everybody else bears the consequences.



Humanity Has Trolled Itself Into An Awaken-Or-Die Situation

And now we see humanity as a collective in its own existential crisis as the ecosystem in which we evolved moves toward collapse, nuclear-armed nations move ever closer to direct confrontation, and governments get more and more authoritarian while democracy and transparency continue to erode.

We are hurtling in the direction of dystopia and armageddon, and the powerful elites in the driver’s seat have made it abundantly clear that they have no intention of swerving from this trajectory. We cannot use democracy to turn this ship away from the iceberg because the “democracy” we’ve been given is a fake child’s steering wheel given to a toddler to play with so they can pretend they’re driving. Even direct revolutionary action is completely barred from us as long as we are being successfully propagandized into consenting to the status quo by the manipulations of mainstream and social media corporations.




Political Fare:


Try 2021


The 6-3, 5-4 Supreme Court


Will anyone from the left realize why Trump won — again?


Escobar: A Biden presidency means ‘The Return of the Blob’



Turchin: America in November 2020: a Structural-Demographic View from Alpha Centauri

Each side sees the world in Manichean terms and increasingly endorses violence as the necessary means to prevent the other side from staying in, or coming to power. As a result, we are in an extremely fragile state, which in technical terms is known as the revolutionary situation.



The problem is that neither side has shown any willingness or understanding to solve the structural problems that have brought about the current revolutionary situation. And it takes years to reverse the negative structural-demographic trends, even once the necessary reforms are implemented. So we simply kick the problem forward to 2024.

Moreover, a clean win by either side, while possible, doesn’t seem to be very likely. Let’s face it, we live in a “post-truth” world. The difference between the Red and Blue parties is stark not only in their visions of where America needs to go; they also completely disagree on what is true or false. Each side believes that the other has been lying and suppressing information.



Orwellian Censorship Fare:



Glenn Greenwald On The American Press: My Resignation From The Intercept

… The Intercept’s editors, in violation of my contractual right of editorial freedom, censored an article I wrote this week, refusing to publish it unless I remove all sections critical of Democratic presidential candidate Joe Biden …



American media is gripped in a polarized culture war that is forcing journalism to conform to tribal, groupthink narratives that are often divorced from the truth and cater to perspectives that are not reflective of the broader public but instead a minority of hyper-partisan elites. The need to conform to highly restrictive, artificial cultural narratives and partisan identities has created a repressive and illiberal environment in which vast swaths of news and reporting either do not happen or are presented through the most skewed and reality-detached lens.

With nearly all major media institutions captured to some degree by this dynamic, a deep need exists for media that is untethered and free to transgress the boundaries of this polarized culture war and address a demand from a public that is starved for media that doesn’t play for a side but instead pursues lines of reporting, thought, and inquiry wherever they lead, without fear of violating cultural pieties or elite orthodoxies.





Other Fare:


The Interest by Michael Taylor review – busting the British slavery myth

Britain’s national myth about slavery goes something like this: for most of history, slavery was a normal state of affairs; but in the later 18th century, enlightened Britons such as William Wilberforce led the way in fighting against it. Britain ended the slave trade in 1807, before any other nation, and thereafter campaigned zealously to eradicate it everywhere else.

As Michael Taylor points out in his scintillating new book, this is a farrago of nonsense. Slavery was certainly an ancient practice, but for 200 years the British developed it on an unprecedented scale. Throughout the 18th century, they were the world’s foremost slavers, and the plantation system they helped create devoured the lives of millions of African men, women and children. In the name of profit and racial superiority, English, Scottish, Welsh and Irish enslavers inflicted a holocaust of suffering on their human chattels, practising rape, torture, mutilation, and manslaughter. The cessation of the transatlantic trade in 1807 didn’t end this.


Why Propaganda is Vital In Upholding The Illusion of a Democracy


Though we still use much of the same old strategies today, war is ever more located on the plane of ideas, and along with this the ever increasing focus on the manipulation of information and the populace’s perspective of who is good and who is bad.

The war that needs to be fought against the present tyranny is thus increasingly a mental war. In the case of the populace, all together they hold more power than they realise. The real crisis of today’s western thinking is that the people have forgotten how to think



CaitOz 2fer: America Has No Allies, Only Hostages & Bolivia Shows Why Imperialists Work To Keep Populations Propagandized





Tweets of the Week:


Texans!

Dance Mix!





Satirical Fare:

Edward Curtin: I’m Really Sorry Redux.




R.I.P. Fare:

Veteran journalist and author Robert Fisk dies aged 74

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