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Monday, August 30, 2021

2021-08-30

Regular Fare:

boring week in the markets; about all that was topical was Jackson Hole, and that ain't worth worrying about


Bubble Fare:




Dancing on Thin Ice

Imagine a frozen lake and a thousand people on the banks.

Let assume that they all know that seasonality is not great, but some of them are still willing to give a try.

As nothing wrong happens to the first courageous adventurers, other people may be convinced that walking on the lake is possible.

Of course, there might be a few accidents, as the layer of ice is likely to display local forms of fragility given warmer weather. But unlucky people who might fall into the lake could still rely on the help of the others.

Later, more and more people have decided to go on the lake, and no major accident has occurred. Therefore, everyone is now convinced that the place has become risk-free. By the way, this is the definition of positive feedback loops.

Finally, the thousand people are dancing on the lake and everyone is having a good time.

The question is, what happens if a significant part of the ice structure suddenly collapse?

All that being said, this is exactly what is happening right now on capital markets. And this is the question that every frenetic dip buyer should asker himself/herself.

At this stage of the mania, there might be no additional warning. Retail traders have already piled into equities and call options, bearish divergences are everywhere, market breadth is declining, margin debt may be peaking, and volatility is being sold at lower and lower levels.

In plain English, this literally means that there is no margin safety.

As Charlie Watts once said, “I will never be the guy who plays the drums in front of a thousand YOLO traders dancing on a frozen lake.”

Except of course that he never said that.






COVID-19 notes:



Mutation rate of COVID-19 virus is at least 50 percent higher than previously thought



Having SARS-CoV-2 once confers much greater immunity than a vaccine—but no infection parties, please






(not just) for the ESG crowd:



Seth Levine: ESG Is A Superfluous Virtue Signal


Environmental, social, and governance (ESG) investing is all the rage these days. Naturally, funds are launching to meet the growing investor demand. However, new company formation cannot keep pace with inflows. Yet, the investible universe is expanding nonetheless. Something funny‘s happening. Nearly every type of company is becoming ESG-compliant without transforming a single operation. While there are certainly some questionable practices at play, this phenomenon is merely exposing a hard truth: a good business is a good business.



Current Climate Extremes Double at 2 Degrees Warming and Quadruple at 3 – Lead IPCC Author



Global weather disruptions, food commodity prices, and economic activity: A global warning for advanced countries


There will be more frequent and greater downturns in economic activity compared to a ‘no climate change’ scenario through increases in global food commodity prices that are the consequence of extreme weather events in major agricultural production regions, such as droughts and heatwaves. In contrast to common perception (e.g. Financial Times 2021, Espitia et al. 2020), the macroeconomic repercussions of increases in global food prices are greater in advanced economies than in low-income countries. This suggests that the consequences of climate change on advanced countries may be greater than previously thought. This also implies that we need a more nuanced debate on the welfare effects of higher food prices, as earlier argued by Headey (2011) and Hertel and Rosch (2011). Finally, swings in global food prices appear to be important for economic activity in many countries. The strong rise of global food commodity prices since the outbreak of COVID-19 could thus seriously impede the recovery.



‘Net-Zero Emissions’ and the Carbon Offsetting Scam

Big Polluters are advancing a “net zero” climate agenda to delay, deceive, and deny. The IPCC is inadvertently helping them.


… the greatest unasked questions in the mainstream climate movement are the most basic of all: Can we really keep "modern civilization" and have our climate too? Or does trying to keep one inevitably destroy the other?



Tesla owners have no reason to gloat about saving the environment

George Carlin nailed it long ago when he said humans had no business trying to save the planet – Earth preceded us, it’ll survive us. Instead, the race to tackle climate change is about saving ourselves, by preserving an environment that keeps the planet habitable for our descendants. On current trends, prospects look bleak.

…As Canadians head to the polls, they might want to contemplate the existential choice they now face. Either we can continue living in the style to which we’ve grown accustomed, or we can bequeath a planet to our descendants that is habitable. Those of us who have children in our lives might consider having that conversation – of telling them, openly and frankly, which option we’ve decided on.



Responsible Investor Webinar: Net Zero - Now What? Paris-aligned investing in a ‘Code Red’ world



Responsible Investor Canada:


Plenary 3: Green taxonomies & economic transformation

Can technocrats & taxonomies accelerate a top-down energy transition to net zero or will vested interests block progress? How might Canada's approach build-on and distinguish itself from the fraught taxonomy debates in Europe?

Plenary 5: Decarbonising the Canadian economy to net zero: what will that mean for investor portfolios in the short, medium and long term?

What actions are needed to achieve a Net Zero economy in Canada? How can Canadian investors remain competitive in a low carbon economy? Update on the Net Zero Asset Owner Alliance



EDHEC Business School: Webinar: The climate deserves better than 12%!

Tuesday, September 21, 2021 - 2 sessions: 10am or 5pm Central European Summer Time

For several years the financial industry has been multiplying initiatives to measure companies' climate performance and engagement. Scarcely a day goes by without a new fund or index being launched on the basis of this climate data, with the primary declared objective of the investments' positive impact on the transition towards a low-carbon economy.

However, a study conducted as part of the EDHEC-Scientific Beta 'Advanced ESG and Climate Investing' research chair shows that the reality of traditional climate investing strategies does not live up to the promises and the communication from their promoters. Speaking of climate investment when the companies' climate performance only accounts on average for 12% of the weight of their stocks in the portfolios is at best a misnomer and at worst misinformation with regard to responsible investors who are engaged for the climate.

This greenwashing also has negative consequences on the potential impact of investment strategies for combatting climate change.

To shed light on this question, itemise the greenwashing risks of traditional climate investing strategies and promote new practices, EDHEC is organising a virtual presentation of the portfolio greenwashing study on September 21.

Two sessions of this webinar will be held on September 21 at different times so please feel free to register for either:



Quote of the Week:

Bill Blain: ESG is a marvellous concept appallingly executed. To understand how it’s gone wrong I recommend Tariq Fancy’s rant about his time as Sustainability CIO at Blackrock. To figure out how we actually deliver climate-change mitigation, social amelioration and better corporate governance, and avoid these lofty concepts being hijacked and suborned by business and finance interests, we need to replace the carrot of ESG with the stick of Carbon Taxes and Corporate Legislation. Time to get real and dispense with ESG claptrap.






Big Thoughts:

Irrationality, Artificial Intelligence, And The Climate Crisis


Human beings are rather silly creatures. Some of us cheer billionaires into space while our planet burns. Some of us think vaccines cause autism, that the earth is flat, that anthropogenic climate change is not real, that COVID-19 is a hoax, and that diamonds have intrinsic value. Many of us believe things that are not fully justified, and we continue to believe these things even in the face of new evidence that goes against our position. This is to say, many people are woefully irrational. However, what makes this state of affairs perhaps even more depressing is that even if you think you are a reasonably well-informed person, you are still far from being fully rational. Decades of research in social psychology and behavioural economics has shown that not only are we horrific decision makers, we are also consistently horrific. This makes sense: we all have fairly similar ‘hardware’ (in the form of brains, guts, and butts) and thus it follows that there would be widely shared inconsistencies in our reasoning abilities.

This is all to say, in a very roundabout way, we get things wrong. We elect the wrong leaders, we believe the wrong theories, and we act in the wrong ways. All of this becomes especially disastrous in the case of climate change. But what if there was a way to escape this tragic epistemic situation? What if, with the use of an AI-powered surveillance state, we could simply make it impossible for us to do the ‘wrong’ things? As Ivan Karamazov notes in the tale of The Grand Inquisitor (in The Brothers Karamzov by Dostoevsky), the Catholic Church should be praised because it has “vanquished freedom… to make men happy”. By doing so it has “satisfied the universal and everlasting craving of humanity – to find someone to worship”. Human beings are incapable of managing their own freedom. We crave someone else to tell us what to do, and, so the argument goes, it would be in our best interest to have an authority (such as the Catholic Church, as in the original story) with absolute power ruling over us. This, however, contrasts sharply with liberal-democratic norms. My goal is to show that we can address the issues raised by climate change without reinventing the liberal-democratic wheel. That is, we can avoid the kind of authoritarianism dreamed up by Ivan Karamazov.

It is widely accepted in the scientific and political communities that we are on the precipice of a climate catastrophe. Through our own actions (and increasingly, inactions) we have plundered our planet and entered what some have called the ‘Anthropocene’: an age in which we have the agential powers equivalent to geological forces. This has given us the capacity to dominate the earth and spread the environmental disaster that is human civilization all over the planet. One good feature of civilization, however, has been the establishment (and defence) of liberal democracy. Such participatory democracies (at least in theory) encourage robust debate, diversity, and inclusivity. They also preserve individual liberty: freedom is an important political value (although of course not the only one that matters), and manipulation and coercion would be seen as unjustifiable in the pursuit of some or other political objective (even if this objective is climate change mitigation).

This brings us to the problem I introduced at the beginning of this piece: our liberal-democratic framework, by giving us the ‘freedom to choose’, has resulted in human stupidity being the guiding logic in many attempts to ameliorate the climate crisis. Might we be better off giving up our freedom and establishing an authoritarian state that could force compliance with global climate goals? The dilemma is as follows: Is there a way to deal with an existential threat such as climate change whilst also preserving liberal democracy? My own view (and that of Mark Coeckelbergh in his recent book on the topic) is that liberal democracy is worth fighting for, and it might just be possible for us to preserve it and not go extinct. To do so, however, we have to take seriously the authoritarian threat posed by AI powered systems as ‘solutions’ to the climate crisis. …




Other Fare:

The world gets more secular as it gets better: data continue to show that religion is unnecessary and inimical to healthy and moral societies






Fun Fare:

What To Say When Someone Asks Why You Don’t Have Kids






Pics of the Week:

Starbucks at Shenzhen Airport





10 Images That Illustrate The Shameful Global Vaccine Inequity






EXTRA [controversial or non-market-related] FARE:


Climate Crisis Fare:




Index of best energyskeptic posts





COVID Fare:



Greenwald: The Bizarre Refusal to Apply Cost-Benefit Analysis to COVID Debates



Does the FDA think these data justify the first full approval of a covid-19 vaccine? Peter Doshi, senior editor, The BMJ.



Official data reveals 67% of Covid-19 deaths since February 2021 have been people who were vaccinated


The latest Public Health England report on Covid-19 infections, hospitalisations, and deaths show that the Covid-19 injections do not work, and quite possibly make the recipient worse if exposed to the alleged Covid-19 virus due to the fully vaccinated population accounting for 21% of all infections but 58% of all Covid-19 deaths.



Dr. Peter McCullough Tells RFK, Jr.: ‘The Vaccines Are Failing’

The efficacy for the Pfizer vaccine is measured as being anywhere from 17% to 42% effective. “These levels are far below the 50% regulatory standard to even have a vaccine on the market,” said McCullough. Regardless of the variant or the vaccine, McCullough said the bottom line is that “the vaccines are failing.”



Denninger: Israel Cracks The Code: Jabs Don’t Work

If you recall early on before the jabs were “released” under EUA I pointed out that some of the early study work had odd results that I could not reasonably explain a purpose to, and they bothered me a lot. One of the most-glaring was the wildly higher antibody titers produced by them as opposed to natural infection. I mused at the time that this could easily be explained by the truncation (or simply ignorance of) the usual dose-ranging studies that are done on all drugs; those require time, of course, and when you’re after Warp Speed time is something you don’t have. But now it appears that Pfizer may have known there was a problem — they may not have known how serious it was, but they may well have known it existed and may have deliberately set the dosing to try to hide it. And, as it turns out, that wasn’t the only problem.

“In vaccinated subjects, antibody titers decreased by up to 40% each subsequent month while in convalescents they decreased by less than 5% per month. Six months after BNT162b2 vaccination 16.1% subjects had antibody levels below the seropositivity threshold of <50 AU/mL, while only 10.8% of convalescent patients were below <50 AU/mL threshold after 9 months from SARS-CoV-2 infection.” In other words the dosing they used, and the original titers, concealed the decay below effective levels which was not being tested for but would have shown up in infections among vaccinated people had the original level been lower. That’s bad; the question now becomes did Pfizer know this and do it deliberately, and if not, what is the logical explanation for the dosing used? Why not set dosing roughly identical to natural infection? Simple: If they did that before the four months of the study ran a crap-ton of people would have gotten infected since the antibody titer would have worn off.

It gets worse: “In our study, we show that following vaccination, the levels of anti-SARS-CoV-2 antibodies decrease rapidly, indicating that BMPCs may not be created adequately and therefore anti-SARS-CoV-2 humoral immunity might be transient (Ibarrondo et al., 2020; Seow et al., 2020).” If there is little or no B-cell recall then the vaccine is a failure as it cannot stimulate durable immunity at all. That is, the jabs are basically the same (via a different mechanism) to receiving monoclonal antibodies if you get infected; yes, you have an antibody titer but the jabs fail to train your immune system to recognize the infection in the future. As that titer wanes the protection becomes increasingly worthless and, since we know mutational binding changes are occurring the potential for vaccine-caused harm by potentiating infections remains a distinct possibility as that occurs.



US COVID-19 Vaccines Proven to Cause More Harm than Good Based on Pivotal Clinical Trial Data Analyzed Using the Proper Scientific Endpoint, “All Cause Severe Morbidity”

Three COVID-19 vaccines in the US have been released for sale by the FDA under Emergency Use Authorization (EUA) based on a clinical trial design employing a surrogate primary endpoint for health, severe infections with COVID-19. This clinical trial design has been proven dangerously misleading. Many fields of medicine, oncology for example, have abandoned the use of disease specific endpoints for the primary endpoint of pivotal clinical trials (cancer deaths for example) and have adopted “all cause mortality or morbidity” as the proper scientific endpoint of a clinical trial. Pivotal clinical trial data from the 3 marketed COVID-19 vaccines was reanalyzed using “all cause severe morbidity", a scientific measure of health, as the primary endpoint. “All cause severe morbidity” in the treatment group and control group was calculated by adding all severe events reported in the clinical trials. Severe events included both severe infections with COVID-19 and all other severe adverse events in the treatment arm and control arm respectively. This analysis gives reduction in severe COVID-19 infections the same weight as adverse events of equivalent severity. Results prove that none of the vaccines provide a health benefit and all pivotal trials show a statically significant increase in “all cause severe morbidity" in the vaccinated group compared to the placebo group. … Scientific principles dictate that the mass immunization with COVID-19 vaccines must be halted immediately because we face a looming vaccine induced public health catastrophe.



NEJM: Safety of the BNT162b2 mRNA Covid-19 Vaccine in a Nationwide Setting

The main potential adverse events identified included an excess risk of lymphadenopathy (78.4 events per 100,000 persons), herpes zoster infection (15.8 events), appendicitis (5.0 events), and myocarditis (2.7 events).



What the polio vaccines can teach us about the COVID ones

… Whatever the case, a takeaway lesson from the early polio vaccines is that haste makes waste. Back then, those vaccines were rushed out to the public without being adequately tested due to panic over the disease. One has to wonder if the same sort of thing isn't happening today with the COVID vaccines. There are similarities between what happened then and what's unfolding now, chief among them political pressure for a magic-bullet cure. Is it possible or even likely that political pressure has compromised the safety protocols and standard procedures at the FDA and Big Pharma which are there to ensure only safe vaccines are issued for public use? Time will tell.



Tokyo Metropolitan Medical Association recommends ivermectin.

He emphasized that antiparasitic drugs such as "ivermectin" should be administered to corona-infected persons, saying that they have been shown to be effective in preventing aggravation overseas. In addition to ivermectin, he called for the government to approve the use of the steroidal anti-inflammatory drug dexamethasone. Mr. Ozaki said, "(Both) have few side effects. I would like the government to consider treatment at the level of the family doctor."



Hat tip: Ilargi, who says: It reacts to magnets. Welcome to graphene oxide.

Contaminant In 1.63m Moderna Vaccine Doses In Japan Believed To Be Metal

A contaminant found in a batch of Moderna Inc’s COVID-19 vaccines delivered to Japan is believed to be a metallic particle, Japanese public broadcaster NHK reported, citing sources at the health ministry. Japan on Thursday suspended the use of 1.63 million doses shipped to 863 vaccination centres nationwide, more than a week after the domestic distributor, Takeda Pharmaceutical, received reports of contaminants in some vials



Nitric Oxide Nasal Spray Reduces Covid-19 Viral Load By 95% Within 24 Hours: Study

A well known antimicrobial, Nitric Oxide, has been found to rapidly reduce SARS-CoV-2 viral load, knocking it down by 95% within 24 hours, and 99% within 72 hours, according to a recent study by researchers funded by England's NHS foundation trust and SaNOtize Research & Development Corporation - a Canadian biotech company currently conducting Phase II trials of a nitric oxide nasal spray.



Uganda's Tale of COVID-19, Medicine, and Vaccination

The Central African nation of Uganda, a country of more than 45 million people, saw only 40 cases of COVID-19 through the end of March, 2020. Concerned about the potential for a more substantial outbreak of the fast-spreading coronavirus, Uganda jumped on the quickly-growing hydroxychloroquine (HCQ) HCQ bandwagon, most often using it as part of a multi-drug regimen in combination with azithromycin, zinc, vitamin C and vitamin D. Through mid-July, Uganda had seen over 1,000 cases of COVID-19 without a single fatality---the largest such "perfect record" in the world at that point in time.

In late July, citing the World Health Organization's claim of HCQ's lack of efficacy, Uganda dropped HCQ as their standard of care for COVID-19 patients. After that decision, during the last eight days of July, Uganda saw its first six COVID-19 fatalities. The cases were not growing so fast as the deaths as Uganda's case fatality rate (CFR) skyrocketed from the lowest level in the world to among the very highest at nearly 10%.

While it is unclear why a nation handling the pandemic so well would change treatment policy, it may be noteworthy that Uganda received millions of dollars from each the World Bank, the African Development Bank, and the International Monetary Fund, and that totaled more than $1 billion dollars, each within a few days of the decision.



Vietnam's Tale of COVID-19, Medicine, and Vaccination

Few Vietnamese were vaccinated during the early part of the campaign. Though Chinese vaccines were added to the list of options, anti-Chinese sentiment is reported to have led some Vietnamese to wait for the availability of other brands. U.S. vaccines from Pfizer, Moderna, and then Johnson & Johnson were approved on June 12, June 29, and July 15, respectively, with millions of doses shipped to Vietnam. By late July, Vietnam’s SARS-CoV-2 infection rate soared like never before.



Berenson: Insanity in Vietnam

Army-enforced lockdowns, spiraling case counts... and a new mass vaccination campaign. Coincidence, no doubt.

… The pattern is exactly the same as we saw in Israel and Britain in January, and many other countries over the spring. The first dose of mass vaccination campaigns is associated with a huge spike in cases.

… Whether they choose to admit the truth or not, Vietnam’s experience proves again that virus gonna virus. Extreme measures may temporarily delay the spread of Sars-Cov-2 (at enormous cost to civil liberties). But without a permanent and effective vaccine, every country - and every person - will eventually be exposed. And right now, we are nowhere near a permanent and effective vaccine.



CDC Counts People Dying Within 14 Days of Jab as “Unvaccinated”



1000 COVID Stories


Are you thinking of getting a COVID shot?

Is your teenager being forced to take a shot in order to return to college?

Do you have friends on the fence about vaccines?

Are you concerned about their possible side effects?

if you go online and do simple research on the term “COVID Vaccine Side Effects” you are presented with a gaggle of links that are strangely similar. “Side effects are minor and common.” “Side effects are a sign that your vaccine is working properly.” When you visit YouTube and do the same search, again, the videos have a consistent theme. “The risk from the vaccines are less than the risks from COVID” and “vaccine side effects are actually a good thing.” If you post a comment or video on Facebook about vaccine side effects your post is deleted and your account may be closed.

But when you go to an uncensored website like Bitchute.com or Rumble.com and do the same search, you see hundreds of videos from real people who have had horrific side effects from their injections.

This website is dedicated to sharing the truth about these people and their testimonials. Watch for yourself and make up your own mind. Is it worth it to risk life-changing and even fatal side effects from a vaccine for a disease that is survived by 99.98% of people under 70?

Below, you will find countless stories of side effects directly from those involved, or sadly, if they died, from their relatives….



David Fuller: An example of how unqualified ‘journalists’ attempt to discredit and silence anybody publishing COVID-19 research that challenges the ‘official narrative’

Fuller claims to be engaged in a self-mediated truth-finding exercise he calls SenseMaking. However, from the outset his efforts are no different to those who have recently self-appointed themselves as ‘fact checkers’ - journalists often armed with little more qualification than a liberal arts or English literature degree who, for no other reason than the fact that they have found a platform, have decided they know more than clinicians, researchers and professors with far more appropriate qualifications in medicine, health science, health informatics, health law, mathematics or statistics. Often, these SenseMaking ‘fact checkers’ do little more than cross-link each other’s articles as ‘supporting evidence’ to debunk, discredit or deny what can sometimes be rigorously researched findings that run counter to the mainstream media’s COVID-19 narrative.



The Weaponization of Medicine



Burial Costs Covered For Canadians Killed By Approved Vaccines


Burial costs will now be covered by Ottawa for individuals killed by federally approved vaccines. According to Blacklock’s Reporter, the department of health will pick up the tab and says the new program “addresses a longstanding gap in Canada’s national immunization programming by providing a timely, no-fault financial support mechanism for all people in Canada, in rare instances where they are seriously and permanently injured performing a public good, being immunized.” A briefing note from the department says vaccine injuries are rare but do happen. “The program will provide death benefits and support for funeral expenses in the rare case of a death as a result of having received a Health Canada authorized vaccine,” said the note Vaccine Injury Support Program.





CO-VIDs of the Week



Former Pfizer Employee: “Checkmate. Game Over. We WIN”

Karen Kingston is a former Pfizer employee, a pharmaceutical marketing expert and biotech analyst. Kingston joins Stew Peters, and brings the receipts! Kingston reveals how the FDA “approval” is sure to be the “checkmate” move to end the shots that have caused unprecedented injury and death, worldwide. Kingston shared slides and brought the receipts, which are available at StewPeters.tv, and document everything she states in her BOMBSHELL claims during her exclusive and revealing deliver of damnation to big pharma, and those responsible for pushing these injections onto a global population.



Eric Clapton - This Has Gotta Stop (Official Music Video)





COVID Pics of the Week:







COVID Quote of the Week:



Kunstler: The CDC and its allied agencies have maxed-out on Americans willing to vax-up. The latest FDA switcheroo move to “approve” the not-yet-produced (or trialed) genetic therapy agent, “Comirnaty” was intended to fool the public into thinking that the current Pfizer-BioNTech “vaccine” was likewise approved. It is not approved. It is still being administered under the emergency use authorization. The quisling news media is lying about it. Anyway, the half of the country that declines to take a cocktail that fails to act as a true vaccine (i.e., preventing disease), and threatens to fatally attack the lining of their blood vessels… that large swathe of the public is good and goddam sick of being pushed around with mandates and threats.

We will not submit. We’re nearing the end of this medical reign of terror. The trouble is, the medical establishment won’t survive it. They’ve perverted and undermined what used to be called science — truth-driven inquiry into what’s real and what is not — and, anyway, the medical system had already poisoned itself with racketeering so outlandish and cruel that it makes the old Mafia look like a charity organization. Not only do Americans get a Covid virus whose development was funded and guided by America’s chief public health official, Tony Fauci, but if it puts them in the hospital, their doctors deny them treatment with efficacious medicines, and, if the patients happen to survive the ordeal, they’re hit up with million-dollar bills. This conduct exhibits a kind of sadism that goes beyond just adding insult to injury.



COVID Tweets of the Week:




Most people against forced C19 vaccination are not “anti-vax,” they’re anti-coercion and pro-scientific inquiry. Know the difference.



Purpose of vaccine passports isn’t to stop transmission of the virus, b/c ppl who are vaccinated can still become infected & transmit the virus. Purpose of vaccine passports isn’t to identify ppl who are immune, b/c existence of natural immunity being denied. This is about control.



Censorship! Did everyone not read the same prophetic Science Fiction Dystopian future books I grew up on? I know my twitter friends aren’t blind but the rest of you ppl better start realizing we got nuttin without free speech!





GeoPolitical Fare:



The long march to disaster



"The tragedy of no tragedy."


People — people with no memories and no history before 2001 — talk about “the lessons of Vietnam.” We must ask what they could possibly mean. Among the only things Washington learned after 30 April 1975 were that the American public must be kept ignorant of U.S. conduct abroad and, in the interest of that objective, the American press must be turned into a permanent propaganda machine. We cannot dignify these as lessons. There is nothing in them worthy of the term “insight.”



The Never Ending Lies About The War On Afghanistan

The U.S. military has lied for 20 years about the war in Afghanistan. Do not expect it to suddenly tell the truth.



“I Was Living Like Scarface”: The Ludicrous Costs of the War in Afghanistan Revealed in New Documents, Testimonies

“Holy cow, I was living like Scarface…I was paying out anywhere between $300-400,000 per week to $5 million per week at times. All in cash.” Matthew Hoh, U.S. Marine Corps Captain and former State Department official



Russell Brand: Taliban Afghan Hell - Was it All DELIBERATE???



The title is true, and enuf said:

Niall Ferguson Has No Idea.







CaitOz Fare:

Odd not to have anything here, but her posts this week were mostly Afghanistan-related, which I’ve linked to more than enough of above





Other Quotes of the Week:



In a rational world, we’d avoid doing things that rot our teeth, cause traffic accidents, or…ruin the planet for the kids, grandkids, and millions of other species. Unfortunately, our rationality has been spotty at best. We’ve been rational enough to protect plenty of teeth and prevent numerous accidents, but we’ve done nothing to stop the global heating that is wrecking our spectacular Earth. That’s why we need to ban flights now.







Satirical Fare:

Taliban Opens Chain Of U.S. Army Surplus Stores


Nation Stunned That 20-Year Catastrophe Could End So Catastrophically





Pics of the Week:






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