#Central Banks / Central Bank Events

[luckysomni]

People causing a run on the bank because their accounts were only ensured up to $250,000.:

Me who only has two digits in my bank account:

[head-post]

ECB president condemns economists at Davos

European Central Bank (ECB) President Christine Lagarde lashed out at economists on January 17, accusing them of having “blind faith” in their models, which often bear little relation to reality.

Speaking at an event entitled How to Trust the Economy at the World Economic Forum in Davos, the ECB chief also suggested that economists constitute a “tribal clique” whose models largely ignore shocks such as pandemics, climate change, and sudden supply disruptions.

Many economists are actually a tribal clique. [They] are among the most tribal scientists that you can think of. They quote each other. They don’t go beyond that world. They feel comfortable in that world. And maybe models have something to do with it.

Read more HERE

[antifainternational]

January 13 - Global Day of Action for Palestine

Here is a list of protests in solidarity with Palestine for January 13th. If there's no protest on saturday near you, take a look at this site (where we got this list from) to see if there is one near you on another day.

It's a looong list so it's under the cut here:

AUSTRALIA

ADELAIDE, AUSTRALIA – Sat Jan 13, 5 pm, Parliament House. Info: http://www.afopa.com.au/afopa-events/2024/1/13/global-day-of-action-for-palestine

ALTONA BEACH, VIC, AUSTRALIA – Sat Jan 13, 11 am, Altona Beach (Kites for Palestine). Info: https://bukjeh.org/etn/fly-a-kite-for-gaza/

CANBERRA, AUSTRALIA – Sat Jan 13, 1 pm, Garema Place. Info: https://www.instagram.com/p/C1Tmi9jyT6x/

DARWIN, AUSTRALIA – Sat Jan 13, 5 pm Nightcliff Foreshore. Info: https://www.instagram.com/p/C13PZfQyx6P/

GOLD COAST, AUSTRALIA – Sat Jan 13, 3:30 pm, Surfers Paradise Esplanade. Info: https://www.instagram.com/p/C1vvY_kpjkM/

HOBART/NIPALUNA, AUSTRALIA – Sat Jan 13, 1 pm, Davey Street in front of Grand Chancellor. Info: https://www.facebook.com/events/877061687400715/

LAUNCESTON, AUSTRALIA – Sat Jan 13, 12 pm, Civic Square. Info: https://friendsofpalestinetasmania.org/

MOSS VALE, AUSTRALIA – Sat Jan 13 (Weekly), 1 pm, Leighton Gardens, 127 Argyle St. Info: https://apan.org.au/event/weekly-moss-vale-vigil-for-peace-justice-in-palestine/

MPARTNWE, AUSTRALIA – Sat Jan 13, 9 am, Cars meet at Telegraph Station, 9:30 am Bikes meet at Snow Kenna Park. Info: https://www.instagram.com/p/C10iKLbSjU-/

NEWCASTLE, AUSTRALIA – Sat Jan 13, 1 pm, Newcastle Museum. Info: https://facebook.com/events/s/protest-end-the-genocide-in-ga/351713430807807/

PORT MACQUARIE, AUSTRALIA – Sat Jan 13, 10 am, Oxley Beach (Kites for Gaza). Info: https://apan.org.au/event/port-macquarie-fly-a-kite-for-gaza/

AUSTRIA

GRAZ, AUSTRIA – Sat Jan 13, 4 pm, Grazer Hauptbahnhof. Info: https://www.instagram.com/p/C1xAHAstgtj/

SALZBURG, AUSTRIA – Sat Jan 13, 1 pm, Alter Markt

VIENNA, AUSTRIA – Sat Jan 13, 3 pm, 1070 Platz der Menschenrechte. Info: https://www.instagram.com/p/C12dm9itpPv/

WIENER NEUSTADT, AUSTRIA – Sat Jan 13, 2:30 pm, Herzog Leopoldstr. 32 beim BORG.

BELGIUM

BRUGGE, BELGIUM – Sat Jan 13, 2 pm, Burg. Info: https://www.facebook.com/events/1413973119327402/

GHENT, BELGIUM – Sat Jan 13, 2 pm, Stadshal. Info: https://www.instagram.com/p/C1xNF3Drkr4/

BRAZIL

SAO PAULO, BRAZIL – Sat Jan 13, 2:30 pm, MASP. Info: https://www.instagram.com/p/C1uPIywL3Ch/

CANADA AND QUEBEC

COBOURG, ON (CANADA) – Sat Jan 13, 11 am, Victoria Hall (every Saturday). Info: https://www.facebook.com/events/1050719572872023/

WINNIPEG, MB (CANADA) – Sat Jan 13, 1 pm, Winnipeg City Hall. Info: https://www.instagram.com/p/C12TvRUgZr5/

DENMARK

COPENHAGEN, DENMARK – Sat Jan 13, 5 pm, Sundbyoster Plads to Amagerbro Station. Info: https://www.instagram.com/p/C141sIFsEyb/

ENGLAND

HALIFAX, ENGLAND – Sat Jan 13, 1 pm, Savile Park (Kites for Gaza). Info: https://www.instagram.com/p/C1rcDm1M-bN/

HALIFAX, ENGLAND – Sat Jan 13 (every Saturday), 1 pm, Wilkos on Southgate. Info: https://www.instagram.com/p/C14Vb4wMgI_/

HEBDEN BRIDGE, ENGLAND – Sat Jan 13 (every Saturday), 3 pm, Roadside Rally, Holme St; 4 pm, Vigil, St. George’s Square. Info: https://www.instagram.com/p/C14Vb4wMgI_/

LEEDS, ENGLAND – Sat Jan 13, 12:30 pm, Leeds Becket University to City Square. Info: https://www.instagram.com/p/C1zmlUvMtUE/

LONDON, ENGLAND – Sat Jan 13, 12 pm, Bank Junction. Info: https://www.instagram.com/p/C1uiCejM9U7/

NELSON, ENGLAND – Sat Jan 13 (every Saturday), 1:30 pm, Nelson Bazaars. Info: https://www.facebook.com/events/1745872575916888/

NOTTINGHAM, ENGLAND – Sat Jan 13, 12 pm, St Peter’s Church. Info: https://www.facebook.com/events/895516721895213/

SHEFFIELD, ENGLAND – Sat Jan 13, 10:30 am, Ellesmere Green. Info: https://www.instagram.com/p/C131K5OqywW/

FINLAND

HELSINKI, FINLAND – Sat Jan 13, 3 pm, Central Railway Station. Info: https://www.instagram.com/p/C1zWU7JtCWt/

FRANCE

LYON, FRANCE – Sat Jan 13, 2:30 pm, Place des Terreaux. Info: https://www.instagram.com/p/C12BHiDoyBT/

PARIS, FRANCE – Sat Jan 13, 2 pm, Republique. Info: https://www.instagram.com/p/C12Kx3hIFnC/

TOULOUSE, FRANCE – Sat Jan 13, 2 pm, Jean Jaures to Arnaud Bertrand. Info: https://www.instagram.com/p/C1wtkVPiTaC/

GERMANY

AACHEN, GERMANY – Sat Jan 13, 3 pm, Hauptbahnhof

AUGSBURG, GERMANY – Sat Jan 13, 3 pm, Moritzplatz

BERLIN, GERMANY – Sat Jan 13, 2 pm, Neptunbrunnen. Info: https://www.instagram.com/p/C1uWAoUMYgr/

BRAUNSCHWEIG, GERMANY – Sat Jan 13, 2 pm, Schlossplatz 1

DUSSELDORF, GERMANY – Sat Jan 13, 2 pm, Hauptbahnhof

FRANKFURT, GERMANY – Sat Jan 13, 1:30 pm, Hauptwache. Info: https://www.instagram.com/p/C1xJbX7tDbH/

FREIBURG, GERMANY – Sat Jan 13, 3 pm, Konzerthaus. Info: https://www.instagram.com/p/C1wmG5TKy0H/

JENA, GERMANY – Sat Jan 13, 2 pm, Holzmarkt. Info: https://www.instagram.com/p/C15Gvxyse7n/

KIEL, GERMANY – Sat Jan 13, 2 pm, Bootshafen

MAINZ, GERMANY – Sat Jan 13, 1 pm, Hauptbahnhof

MUNICH, GERMANY – Sat Jan 13, 2 pm, Odeonsplatz. Info: https://www.instagram.com/p/C1vDFzfsviF/

SAARBRUCKEN, GERMANY – Sat Jan 13, 3 pm, Landwehrplatz

STUTTGART, GERMANY – Sat Jan 13, 5 pm, Schlossplatz. Info: https://www.instagram.com/p/C1uhwaBs1OB/

TUBINGEN, GERMANY – Sat Jan 13, 2 pm, Holzmarkt. Info: https://www.instagram.com/p/C1uiIwVooMj/

ULM, GERMANY – Sat Jan 13, 3 pm, Marktplatz

IRELAND

CARRICK-ON-SHANNON, IRELAND – Sat Jan 13, 3 pm, The Bridge. Info: https://www.ipsc.ie/protest/emergency-protests-for-palestine-around-ireland

CORK, IRELAND – Sat Jan 13, 1 pm, Grand Parade

DERRY, IRELAND – Sat Jan 13, 12 pm, Derry Waterside Train Station. Info: https://www.facebook.com/events/379355981136459/

DUBLIN, IRELAND – Sat Jan 13, 1 pm, Garden of Remembrance. Info: https://www.ipsc.ie/protest/emergency-protests-for-palestine-around-ireland

SKIBBEREEN, IRELAND – Sat Jan 13, 12:30 pm, Aldi Carpark. Info: https://www.facebook.com/events/884577173028746/

ITALY

FIRENZE, ITALY – Sat Jan 13, 2:30 pm, Corteo da Piazza dei Ciompi.

NAPOLI, ITALY – Sat Jan 13, 3 pm, Piazza Garibaldi. Info: https://www.instagram.com/p/C11jF13IMfk/

ROME, ITALY – Sat Jan 13, 3 pm, Via dei Fori Imperiali to Largo Corrado Ricci. Info: https://www.instagram.com/p/C12TtZUNVDn/

KOREA

SEOUL, KOREA – Sat Jan 13, 2 pm, Zionist embassy. Info: https://www.instagram.com/p/C1wWJ2WJvMn/

MEXICO

GUADALAJARA, MEXICO – Sat Jan 13, 4 pm, Rambla Cataluna to Plaza de la Liberacion. Info: https://www.instagram.com/p/C13FY23uHH_/

MEXICO CITY, MEXICO – Sat Jan 13, 4 pm, Angel to US Embassy to Zocalo. Info: https://www.instagram.com/p/C126FgtOh2y/

NEW ZEALAND

TIMARU, NEW ZEALAND – Sat Jan 13, 2:30 pm, Face of Peace, Caroline Bay. (Kites for Gaza). Info: https://www.facebook.com/events/351982744232340/

WHANGAREI, NEW ZEALAND – Sat Jan 13, 10 am, Town Basin. Info: https://www.facebook.com/events/1062868608192188/

NETHERLANDS

AMSTERDAM, NETHERLANDS – Sat Jan 13, 1 pm, Museumplein. Info: https://www.instagram.com/p/C14bgz6skSe/

AMSTERDAM, NETHERLANDS – Sat Jan 13, 5 pm, Dam Square to Museumplein. Info: https://www.instagram.com/p/C15I-anI-lc/

LEEUWARDEN, NETHERLANDS – Sat Jan 13, 1 pm, Leeuwarden Station. Info: https://www.instagram.com/p/C1rgX_OoVe4/

ZWOLLE, NETHERLANDS – Sat Jan 13, 3:30 pm, Starbucks station. Info: https://www.instagram.com/p/C11cUhjsyFd/

NORWAY

OSLO, NORWAY – Sat Jan 13, 2 pm, Youngstorget to Zionist Embassy. Info: https://www.facebook.com/events/876776784142252/

PERU

LIMA, PERU – Sat Jan 13, 3:30 pm, Plaza 27 de noviembre, San Isidro – Parque Kennedy. Info: https://www.instagram.com/p/C1r3BHZrSSM/

PORTUGAL

PORTO, PORTUGAL – Sat Jan 13, 3:30 pm, Praca da Batalha. Info: https://www.instagram.com/p/C14UrYhs-hB/

PORTO, PORTUGAL – Sat Jan 13 (every night), 10 pm, Camara Municipal (Vigil). Info: https://www.instagram.com/p/C1mWoJ0srwr/

ROMANIA

BUCHAREST, ROMANIA – Sat Jan 13, 2 pm, Universitate to Victoriei. Info: https://www.instagram.com/p/C11qxxuIlKe/

CLUJ-NAPOCA, ROMANIA – Sat Jan 13, details TBA. Info: https://www.instagram.com/p/C1tsmB2ojCq/

TIMISOARA, ROMANIA – Sat Jan 13, details TBA. Info: https://www.instagram.com/p/C1tsmB2ojCq/

SCOTLAND

EDINBURGH, SCOTLAND – Sat Jan 13, 2 pm, Foot of the Mound. Info: https://www.instagram.com/p/C1od7QsNlCM/

INVERNESS, SCOTLAND – Sat Jan 13, 12 pm, The Spectrum Centre. Info: https://www.instagram.com/p/C15ggmFtNyg/

ORKNEY, SCOTLAND – Sat Jan 13 (every Saturday), 1 pm, St Magnus Cathedral Steps. Info: https://www.facebook.com/events/899757958430523/

SOUTH AFRICA

CAPE TOWN, SOUTH AFRICA – Sat Jan 13, 2 pm, Mandela Glasses, Sea Point Promenade. Info: https://www.instagram.com/p/C14N2xlqjyK/

JOHANNESBURG, SOUTH AFRICA – Sat Jan 13, 11 am, US Consulate, Sandton. Info: https://www.instagram.com/p/C13qpzSNbYt/

KNYSNA, SOUTH AFRICA – Sat Jan 13, 9 am, N2 C/O Main Service Rd and Wagtail St, Sedgefield, Western Cape. Info: https://www.facebook.com/events/910931826901335/

SPANISH STATE

A CORUNA, GALICIA, SPAIN – Sat Jan 13, 5 pm, Praza de Lugo. Info: https://www.instagram.com/p/C14lQvascZx/

BETERA, VALENCIA – Sat, Jan 13, 5 pm, Ayuntamiento de Betera. Info: https://www.instagram.com/p/C1ISqjUN2ir/

COMPOSTELA, GALICIA, SPAIN – Sat Jan 13, 12 pm, Praterias. Info: https://www.instagram.com/p/C14lQvascZx/

MOLINA DE SEGURA, SPAIN – Sat Jan 13, 12 pm, Plaza de Ayuntamiento. Info: https://twitter.com/LibreRegion/status/1743912944612540608

VIGO, GALICIA, SPAIN – Sat Jan 13, 12 pm, Porta do Sol. Info: https://www.instagram.com/p/C14lQvascZx/

SWEDEN

KARLSKRONA, SWEDEN – Sat Jan 13, 2 pm, Klaipedaplatsen. Info: https://www.facebook.com/events/7004450806289059/

KRISTIANSTAD, SWEDEN – Sat Jan 13, 2:30 pm, Stora Torget. Info: https://www.instagram.com/p/C15GIWbNI_K/

MALMO, SWEDEN – Sat Jan 13, 2 pm, St Knuts Torg. Info: https://www.instagram.com/p/C1348ATC6Uq/

VARBERG, SWEDEN – Sat Jan 13, 11 am, Varbergs Torg. Info: https://www.instagram.com/p/C1piXtgLGYj/

SWITZERLAND

BASEL, SWITZERLAND – Sat Jan 13, 2 pm, Theaterplatz. Info: https://www.instagram.com/p/C1m6lOxLDI-/

UNITED STATES

EUGENE, OR (US) – Sat Jan 13, 1 pm, Federal Courthouse, 405 E 8th Ave. Info: https://www.instagram.com/p/C1jOAiXiUJ0/

FORT COLLINS, CO (US) – Sat Jan 13 (every Saturday), 3 pm, Old Town Square Stage. Info: https://www.instagram.com/p/C1n9pmNOGFd/

FORT WAYNE, IN (US) – Sat Jan 13, 1 pm, MLK Bridge.

KALISPELL, MT (US) – Sat Jan 13, 12, Main and Center by Depot Park (Every Saturday). Info: https://www.instagram.com/p/C1puNa1ucrm/

KANSAS CITY, KS (US) – Sat Jan 13, 1 pm, Granada Park, Roeland Park. Info: https://www.instagram.com/p/C10Y27LJ1EO/

LANGLEY, WA (US) – Sat Jan 13, 11 am, Bayview Rd and Hwy 525. Info: https://www.facebook.com/events/373235975254744/

MIAMI, FL (US) – Sat Jan 13, 2 pm, University Metrorail Station. Info: https://www.instagram.com/p/C15V1BXLyc-/

NEW YORK, NY (US) – Sat Jan 13, 12 pm, NE Corner 5th Ave and 44th St, Brooklyn. (Vigil, every Saturday). Info: https://www.instagram.com/p/C0KsY8PvCwp/

NEW YORK, NY (US) – Sat Jan 13, 5 pm, Bryant Park Library Steps. Info: https://www.instagram.com/p/C145mA_Jido/

OAKLAND, CA (US) – Sat Jan 13, 5 am, West Oakland BART, Port Shutdown for Palestine. Info: https://www.instagram.com/p/C1qpwPaLsLY/

OLYMPIA, WA (US) – Sat Jan 13, 1 pm, Heritage Park, 5th Ave SW. Info: https://www.instagram.com/p/C1xUYlRPtRc/

PETALUMA, CA (US) – Sat Jan 13 (every Saturday), 12:30 pm, Petaluma Blvd and East Washington. Info: https://www.facebook.com/events/362661229552435/

PORTLAND, OR (US) – Sat Jan 13, 6 pm, Protest Michael Rapoport, Helium Comedy Club, 1510 SE 9th Ave. Info: https://www.instagram.com/p/C1nDhO7vNM4

SACRAMENTO, CA (US) – Sat Jan 13, 1pm, State Capital, West Steps. Info: https://sac4palestine.org/january-3-2024-solidary-rally-with-national-march-on-washington/

SAN DIEGO, CA (US) – Sat Jan 13, 11 am, Plaza de Panama, Balboa Park. Info: https://www.instagram.com/p/C13b08grRj2/

ST PAUL, MN (US) – Sat Jan 13, 2 pm, Western District Police Dept to MN State Capitol. Info: https://www.instagram.com/p/C12sMuQJHeh/

VIROQUA, WI (US) – Sat Jan 13, 11 am, Main St and Decker St, Weekly Vigil by Driftless Solidarity. Info: https://www.instagram.com/p/C1fWWvKNJlI/

WASHINGTON, DC (US) – Sat Jan 13, 1 pm, Freedom Plaza, 1325 Pennsylvania Ave NW Info: https://march4gaza.org

BUSES ACROSS THE COUNTRY to this national march from CT, FL, IL, IN, MA, MI, MO, NC, NJ, NY, OH, PA, VA and WI – get at the website

PRE-RALLY – WASHINGTON, DC – Sat Jan 13, 7 am, National Mall. Info: https://twitter.com/_FRFP_/status/1742706175114661946

HEALTH CARE WORKERS MARCH – Sat Jan 13, 10 am ,Dept of Health and Human Services, 200 Independence Ave SW. Info: https://www.instagram.com/p/C10DXDiADMK/

[workersolidarity]

[ 📹 Dead and wounded arrive at a hospital in Gaza after the Israeli occupation forces bombed a residential building in the Al-Maghazi Camp, in the central Gaza Strip on Monday. 📈 The current death toll in the Israeli genocide now exceeds 38'664 Palestinians killed, while another 89'097 others have been wounded since Oct. 7th. ]

🇮🇱⚔️🇵🇸 🚀🏘️💥🚑 🚨

283 DAYS OF GENOCIDE IN THE GAZA STRIP: GAZANS IN ISRAELI DETENTION FACE TORTURE, RAPE AND DEATH, SMOTRICH REJECTS THE POSSIBLE RELEASE OF PALESTINIAN PRISONERS IN EXCHANGE DEAL, 15 YEARS NEEDED TO REMOVE THE RUBBLE OF GAZA, ISRAELI MASSACRES CONTINUE AS GENOCIDE ENTERS ITS 40TH WEEK

On 283rd day of the Israeli occupation's ongoing special genocide operation in the Gaza Strip, the Israeli occupation forces (IOF) committed a total of 3 new massacres of Palestinian families, resulting in the deaths of no less than 80 Palestinian civilians, mostly women and children, while another 216 others were wounded over the previous 24-hours.

It should be noted that as a result of the constant Israeli bombardment of Gaza's healthcare system, infrastructure, residential and commercial buildings, local paramedic and civil defense crews are unable to recover countless hundreds, even thousands of victims who remain trapped under the rubble, or whose bodies remain strewn across the streets of Gaza.

This leaves the official death toll vastly undercounted as Gaza's healthcare officials are unable to accurately tally those killed and maimed in this genocide, which must be kept in mind when considering the scale of the mass murder.

Details have emerged about the severe abuse of Palestinian detainees while being held in Israeli prisons. This comes after journalist Mohammad Arab met with his lawyer who visited the Ofer Prison near Ramallah in the occupied West Bank on Sunday.

According to Khaled Mahajna, a lawyer with the Commission of Detainees' Affairs, who spoke at a press conference after he visited two clients from the Ofer Prison, detailed his clients' experiences under interrogation at the Sde Teiman Camp, a prison in the Negev desert of southern occupied Palestine.

Speaking of his visit to Ofer Prison, Mahajna says his client was questioned about a prior visit from his lawyer and threatened with punishment for disclosing his experiences.

Mahajna said Arab described witnessing the rape of Gazan detainees, telling his lawyer one was stripped naked during an assault, while another detainee was also stripped naked and electricuted, before being sexually assaulted.

Mahajna told reporters that Palestinian detainees were forced to lie on the ground with their hands bound behind their heads before police dogs were released, attacking the bound men.

Mahajna went on to add that more than 100 detainees were blindfolded before being transferred from the Sde Teiman Camp to the Ofer Prison, leading the prisoners to believe they were being taken to a camp near Gaza.

According to the Israeli Prison Services, more than 9'000 Palestinian detainees are currently being held in Israeli prisons.

In other news, Israeli Finance Minister Bezalel Smotrich said on Monday, July 15th, that he opposes the release of Palestinian prisoners as part of a hostage exchange and ceasefire agreement with the Palestinian resistance factions.

Smotrich described the release of Palestinian prisoners as a "terrible and horrific event," going on to say that "I will not agree to it; a red line must be drawn."

“We saw what happened in the deal for Gilad Shalit (former Israeli soldier who was released by the Resistance in a 2011 hostage deal). We released Yahya Sinwar, and we see what we got in return,” Smotrich said, before asking “With what logic will we release the next Yahya Sinwar and endanger thousands more Israelis?”

In the 2011 hostage exchange, the Hamas Palestinian resistance movement released the soldier Shalit in exchange for the release of some 1'027 Palestinian prisoners, including the current Al-Qassam military leader, Yahya Sinwar, who remains at large and hunted by occupation forces.

Smotrich concluded his statement by saying that “I will oppose this, even if it ends my political career.”

“If there are no red lines, you have no right to practice politics,” he said.

In more news on Monday, the United Nations has estimated that it would take a fleet of 100 trucks more than 15 years to remove the mountain of rubble burying the Gaza Strip, while the removal is estimated to cost approximately US$600 million.

The UN also estimates that 137'297 buildings have been damaged or destroyed since the start of the Israeli occupation's genocidal war, equivalent to more than half of the enclave's buildings.

The UN says that, of the targeted buildings, around a quarter are completely destroyed, while a tenth are severely damaged.

In total, the UN stated that rubble covers as much as five square kilometers of Gaza, with the UN proposing that most of the rubble is not recoverable or recyclable, and will have to be disposed of.

Previously, the United Nations estimated that rebuilding the Gaza Strip, with all its destroyed homes and facilities, wouldn't be completed until at least 2040, and is expected to cost in excess of US$40 Billion, which the UN described as an "optimistic estimate".

The UN also pointed to the destruction of Gaza's schools, sewage and water lines, medical and other vital infrastructure, stating that the quality of healthcare, education and social services in Gaza has returned to levels unseen since 1980.

According to the United Nations, more than 44 years of development in Gaza has been completely erased.

“The damage to infrastructure is unbelievable, there is not a single building in Khan Younis that has not been damaged,” a UN official told the media

“The terrain has changed, new hills have appeared. The bombs dropped have changed the landscape."

It was also noted that piles of rubble across the Gaza Strip are filled with unexploded bombs and other explosive materials, which will make the reconstruction of the Gaza Strip an even more difficult task, the UN official concluded.

Meanwhile, the Israeli occupation's genocidal war goes on, with occupation bombing and shelling continuing to target civilian homes, infrastructure and other facilities.

On Sunday, occupation warplanes bombed the UNRWA-run Abu Oreiban School, which housed displaced Palestinian families in the Nuseirat Camp, in the central Gaza Strip, resulting in the deaths of 15 Palestinian civilians, mostly women and children, and wounding another 70 others.

The Zionist entity's atrocities continued when an Israeli drone targeted citizens in the Bir Abu Salah area in the town of Al-Zawaida, in the central Gaza Strip, resulting in the death of one Palestinian and injuring several others.

In another attack, the Israeli occupation forces bombed the Al-Mashrou area, east of the city of Rafah, in the southern Gaza Strip, killing a Palestinian and wounding others, while at the same time, occupation fighter jets bombed civilian homes north of the New Camp area of the Nuseirat Camp, killing and wounding several citizens.

Zionist warplanes went on to bomb a residential home in Bani Suhaila, east of Khan Yunis, in the south of Gaza, and also targeting a civilian residence northeast of the Nuseirat Camp, while an occupation drone fired live bullets towards residents of the Al-Zaytoun neighborhood, southeast of Gaza City.

By dawn on Monday morning, the Israeli occupation army had fired several artillery shells towards the neighborhoods of Tal al-Hawa, Sheikh Ajlin, and al-Sabra in Gaza City, while Zionist helicopters fired rockets and bullets at civilians in the Tal al-Hawa neighborhood, southwest of the city.

Similarly, occupation artillery detatchments shelled in the vicinity of Street 8 in the Al-Zaytoun neighborhood, southeast of Gaza City.

The occupation's bombing also targeted a residential home belonging to the Al-Manaama family in the Al-Maghazi Camp, in the central Gaza Strip, after which, civil defense and rescue crews managed to recover the bodies of 5 martyrs, including 3 children.

Occupation artillery shelling and aircraft bombing also targeted the Al-Mughraqa area, along with the northern outskirts of the Nuseirat Camp, both in central Gaza, as well as in the Bureij Camp, while occupation forces also opened fire from helicopters northwest of Al-Zahra'a.

An occupation warplane also fired a missile into a residential apartment near the Al-Awda School in the town of Abasan Al-Kabira, east of Khan Yunis, with no injuries reported in the strike.

Israeli artillery shelling went on to target the western neighborhoods of Rafah City, south of Gaza, coinciding with gunfire from Zionist helicopters in the same area.

In another bombing, occupation fighter jets bombed a gathering of civilians on Al-Mansoura Street in the Al-Shujaiya neighborhood, east of Gaza City, killing 3 civilians and wounding several others.

Israeli war crimes continued into Monday evening, when occupation warplanes bombed a house in the Nuseirat Camp, resulting in the martyredom of 6 Palestinians and wounding a number of others.

As a result of the Israeli occupation's ongoing war of extermination in the Gaza Strip, the endlessly rising death toll now exceeds 38'664 Palestinians killed, including at least 10'000 women and well over 15'000 children, while another 89'097 others have been wounded since the start of the current round of Zionist aggression, beginning with the events of October 7th, 2023.

This brings the total number of casualties in the genocide to 127'761 or 5.55% of the 2.3 million Palestinian residents of the Gaza Strip.

July 15th, 2024.

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@WorkerSolidarityNews

[reportwire]

Bill Ackman says U.S. did the 'right thing' in protecting SVB depositors. Not everyone agrees

A sign hangs at Silicon Valley Banks headquarters in Santa Clara, California on March 10, 2023. Noah Berger | AFP | Getty Images Billionaire investor Bill Ackman said the U.S. government’s action to protect depositors after the implosion of Silicon Valley Bank is “not a bailout” and helps restore confidence in the banking system. In his latest tweet on SVB’s collapse, the hedge fund investor…

[usaitbari]

Oil plunge, tech collapse and Fed cuts? Strategist shares possible 2023 market 'surprises'

Oil plunge, tech collapse and Fed cuts? Strategist shares possible 2023 market ‘surprises’

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, August 29, 2022. Brendan McDermid | Reuters After a tumultuous year for financial markets, Standard Chartered outlined a number of potential surprises for 2023 that it says are being “underpriced” by the market. Eric Robertson, the bank’s head of research and chief strategist, said outsized market moves are…

[writers-potion]

I'm writing a sci-fi story about a space freight hauler with a heavy focus on the economy. Any tips for writing a complex fictional economy and all of it's intricacies and inner-workings?

Constructing a Fictional Economy

The economy is all about: How is the limited financial/natural/human resources distributed between various parties?

So, the most important question you should be able to answer are:

Who are the "have"s and "have-not"s?

What's "expensive" and what's "commonplace"?

What are the rules(laws, taxes, trade) of this game?

Building Blocks of the Economic System

Type of economic system. Even if your fictional economy is made up, it will need to be based on the existing systems: capitalism, socialism, mixed economies, feudalism, barter, etc.

Currency and monetary systems: the currency can be in various forms like gols, silver, digital, fiat, other commodity, etc. Estalish a central bank (or equivalent) responsible for monetary policy

Exchange rates

Inflation

Domestic and International trade: Trade policies and treaties. Transportation, communication infrastructure

Labour and employment: labor force trends, employment opportunities, workers rights. Consider the role of education, training and skill development in the labour market

The government's role: Fiscal policy(tax rate?), market regulation, social welfare, pension plans, etc.

Impact of Technology: Examine the role of tech in productivity, automation and job displacement. How does the digital economy and e-commerce shape the world?

Economic history: what are some historical events (like The Great Depresion and the 2008 Housing Crisis) that left lasting impacts on the psychologial workings of your economy?

For a comprehensive economic system, you'll need to consider ideally all of the above. However, depending on the characteristics of your country, you will need to concentrate on some more than others. i.e. a country heavily dependent on exports will care a lot more about the exchange rate and how to keep it stable.

For Fantasy Economies:

Social status: The haves and have-nots in fantasy world will be much more clear-cut, often with little room for movement up and down the socioeconoic ladder.

Scaricity. What is a resource that is hard to come by?

Geographical Characteristics: The setting will play a huge role in deciding what your country has and doesn't. Mountains and seas will determine time and cost of trade. Climatic conditions will determine shelf life of food items.

Impact of Magic: Magic can determine the cost of obtaining certain commodities. How does teleportation magic impact trade?

For Sci-Fi Economies Related to Space Exploration

Thankfully, space exploitation is slowly becoming a reality, we can now identify the factors we'll need to consider:

Economics of space waste: How large is the space waste problem? Is it recycled or resold? Any regulations about disposing of space wste?

New Energy: Is there any new clean energy? Is energy scarce?

Investors: Who/which country are the giants of space travel?

Ownership: Who "owns" space? How do you draw the borders between territories in space?

New class of workers: How are people working in space treated? Skilled or unskilled?

Relationship between space and Earth: Are resources mined in space and brought back to Earth, or is there a plan to live in space permanently?

What are some new professional niches?

What's the military implication of space exploitation? What new weapons, networks and spying techniques?

Also, consider:

Impact of space travel on food security, gender equality, racial equality

Impact of space travel on education.

Impact of space travel on the entertainment industry. Perhaps shooting monters in space isn't just a virtual thing anymore?

What are some indsutries that decline due to space travel?

I suggest reading up the Economic Impact Report from NASA, and futuristic reports from business consultants like McKinsey.

If space exploitation is a relatiely new technology that not everyone has access to, the workings of the economy will be skewed to benefit large investors and tech giants. As more regulations appear and prices go down, it will be further be integrated into the various industries, eventually becoming a new style of living.

[mostlysignssomeportents]

Yanis Varoufakis’s “Technofeudalism: What Killed Capitalism?”

Monday (October 2), I'll be in Boise to host an event with VE Schwab. On October 7–8, I'm in Milan to keynote Wired Nextfest.

Socialists have been hotly anticipating the end of capitalism since at least 1848, when Marx and Engels published The Communist Manifesto - but the Manifesto also reminds us that capitalism is only too happy to reinvent itself during its crises, coming back in new forms, over and over again:

https://www.nytimes.com/2022/10/31/books/review/a-spectre-haunting-china-mieville.html

Now, in Technofeudalism: What Killed Capitalism, Yanis Varoufakis - the "libertarian Marxist" former finance minister of Greece - makes an excellent case that capitalism died a decade ago, turning into a new form of feudalism: technofeudalism:

https://www.penguin.co.uk/books/451795/technofeudalism-by-varoufakis-yanis/9781847927279

To understand where Varoufakis is coming from, you need to go beyond the colloquial meanings of "capitalism" and "feudalism." Capitalism isn't just "a system where we buy and sell things." It's a system where capital rules the roost: the richest, most powerful people are those who coerce workers into using their capital (factories, tools, vehicles, etc) to create income in the form of profits.

By contrast, a feudal society is one organized around people who own things, charging others to use them to produce goods and services. In a feudal society, the most important form of income isn't profit, it's rent. To quote Varoufakis: "rent flows from privileged access to things in fixed supply" (land, fossil fuels, etc). Profit comes from "entrepreneurial people who have invested in things that wouldn't have otherwise existed."

This distinction is subtle, but important: "Profit is vulnerable to market competition, rent is not." If you have a coffee shop, then every other coffee shop that opens on your block is a competitive threat that could erode your margins. But if you own the building the coffee shop owner rents, then every other coffee shop that opens on the block raises the property values and the amount of rent you can charge.

The capitalist revolution - extolled and condemned in the Manifesto - was led by people who valorized profits as the heroic returns for making something new in this world, and who condemned rents as a parasitic drain on the true producers whose entrepreneurial spirits would enrich us all. The "free markets" extolled by Adam Smith weren't free from regulation - they were free from rents:

https://locusmag.com/2021/03/cory-doctorow-free-markets/

But rents, Varoufakis writes, "survived only parasitically on, and in the shadows of, profit." That is, rentiers (people whose wealth comes from rents) were a small rump of the economy, slightly suspect and on the periphery of any consideration of how to organize our society. But all that changed in 2008, when the world's central banks addressed the Great Financial Crisis by bailing out not just the banks, but the bankers, funneling trillions to the people whose reckless behavior brought the world to the brink of economic ruin.

Suddenly, these wealthy people, and their banks, experienced enormous wealth-gains without profits. Their businesses lost billions in profits (the cost of offering the business's products and services vastly exceeded the money people spent on those products and services). But the business still had billions more at the end of the year than they'd had at the start: billions in public money, funneled to them by central banks.

This kicked off the "everything rally" in which every kind of asset - real estate, art, stocks, bonds, even monkey JPEGs - ballooned in value. That's exactly what you'd expect from an economy where rents dominate over profits. Feudal rentiers don't need to invest to keep making money - remember, their wealth comes from owning things that other people invest in to make money.

Rents are not vulnerable to competition, so rentiers don't need to plow their rents into new technology to keep the money coming in. The capitalist that leases the oil field needs to invest in new pumps and refining to stay competitive with other oil companies. But the rentier of the oil field doesn't have to do anything: either the capitalist tenant will invest in more capital and make the field more valuable, or they will lose out to another capitalist who'll replace them. Either way, the rentier gets more rent.

So when capitalists get richer, they spend some of that money on new capital, but when rentiers get richer, them spend money on more assets they can rent to capitalists. The "everything rally" made all kinds of capital more valuable, and companies that were transitioning to a feudal footing turned around and handed that money to their investors in stock buybacks and dividends, rather than spending the money on R&D, or new plants, or new technology.

The tech companies, though, were the exception. They invested in "cloud capital" - the servers, lines, and services that everyone else would have to pay rent on in order to practice capitalism.

Think of Amazon: Varoufakis likens shopping on Amazon to visiting a bustling city center filled with shops run by independent capitalists. However, all of those capitalists are subservient to a feudal lord: Jeff Bezos, who takes 51 cents out of every dollar they bring in, and furthermore gets to decide which products they can sell and how those products must be displayed:

https://pluralistic.net/2022/11/28/enshittification/#relentless-payola

The postcapitalist, technofeudal world isn't a world without capitalism, then. It's a world where capitalists are subservient to feudalists ("cloudalists" in Varoufakis's thesis), as are the rest of us the cloud peons, from the social media users and performers who fill the technofuedalists' siloes with "content" to the regular users whose media diet is dictated by the cloudalists' recommendation systems:

https://pluralistic.net/2023/01/21/potemkin-ai/#hey-guys

A defining feature of cloudalism is the ability of the rentier lord to destroy any capitalist vassal's business with the click of a mouse. If Google kicks your business out of the search index, or if Facebook blocks your publication, or if Twitter shadowbans mentions of your product, or if Apple pulls your app from the store, you're toast.

Capitalists "still have the power to command labor from the majority who are reliant on wages," but they are still mere vassals to the cloudalists. Even the most energetic capitalist can't escape paying rent, thanks in large part to "IP," which I claim is best understood as "laws that let a company reach beyond its walls to dictate the conduct of competitors, critics and customers":

https://locusmag.com/2020/09/cory-doctorow-ip/

Varoufakis points to ways that the cloudalists can cement their gains: for example, "green" energy doesn't rely on land-leases (like fossil fuels), but it does rely on networked grids and data-protocols that can be loaded up with IP, either or both of which can be turned into chokepoints for feudal rent-extraction. To make things worse, Varoufakis argues that cloudalists won't be able to muster the degree of coordination and patience needed to actually resolve the climate emergency - they'll not only extract rent from every source of renewables, but they'll also silo them in ways that make them incapable of doing the things we need them to do.

Energy is just one of the technofeudal implications that Varoufakis explores in this book: there are also lengthy and fascinating sections on geopolitics, monetary policy, and the New Cold War. Technofeudalism - and the struggle to produce a dominant fiefdom - is a very useful lens for understanding US/Chinese tech wars.

Though Varoufakis is laying out a technical and even esoteric argument here, he takes great pains to make it accessible. The book is structured as a long open letter to his father, a chemical engineer and leftist who was a political prisoner during the fascist takeover of Greece. The framing device works very well, especially if you've read Talking To My Daughter About the Economy, Varoufakis's 2018 radical economics primer in the form of a letter to his young daughter:

https://us.macmillan.com/books/9780374538491/talkingtomydaughterabouttheeconomy

At the very end of the book, Varoufakis calls for "a cloud rebellion to overthrow technofeudalism." This section is very short - and short on details. That's not a knock against the book: there are plenty of very good books that consist primarily or entirely of analysis of the problems with a system, without having to lay out a detailed program for solving those problems.

But for what it's worth, I think there is a way to plan and execute a "cloud rebellion" - a way to use laws, technology, reverse-engineering and human rights frameworks to shatter the platforms and seize the means of computation. I lay out that program in The Internet Con: How the Seize the Means of Computation, a book I published with Verso Books a couple weeks ago:

https://www.versobooks.com/products/3035-the-internet-con

If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2023/09/28/cloudalists/#cloud-capital

[e-r-a-n]

Eran.

— the last surviving follower.

— chosen by the Victim.

— the future God of Life.

— magic is easier for her.

— she is eternally grateful to Darke. She will not be able to fight with him, even in the event of a conflict.

— in the future, she will conquer territories.

— she likes to have her hair stroked.

— in the future, she will definitely fight with the Chosen One.

— can see Victim in dreams.

— she loves his last remaining costume of his people.

— can remain quiet even when seriously injured.

— can stay without food for a long time.

— has a psychological trauma associated with the death of relatives.

— hates almost all deities.

— she will not be able to betray a loved one.

— she loves golden juice.

— she will definitely take revenge on the God of agriculture.

— she does not know how to show love.

— she will be able to restore the balance.

— at first, no one knows about the existence of her state.

— she can heal a person's moral state with her aura and save them from depression.

— the more acute the emotional state, the faster she can heal the spiritual state of another person.

— until the last moment, she was afraid to go into the territory of death.

"once she becomes a deity, her appearance will be transformed.

The Dark Lord is the God of death.

At the moment, he has vast territories located in the Northern Hemisphere. He has dark magic. He talked a lot with Victim. He is the second god after life. Appeared when the first creature died. He tried to protect the follower of life, but he couldn't because of the sudden attack. He remained without emotions and feelings, put a barrier for other deities to enter his territory. Does not trust any of the deities after the death of Victim. Trying to restore the balance of life and death.

He also sees how many people have left to live. He can speed up this process, but not increase it.

Victim is the God of Life.

One of the most senior gods, who had huge prosperous territories. He was located in the Southern Hemisphere. Life flourished on his land. He gave his people the power of healing, which made them almost invincible. After Victim was overthrown and accused of being a heretic, his people were exterminated. Only Eran survived. Alan created him when the first creature appeared.

He liked to wear a white cape decorated with gold patterns.

The Orange King is the God of power.

He borders territories with the Chosen One, the Dark Lord and almost the entire Central Bank. He did not participate in the extermination and was neutral to such a decision. He communicates normally with almost everyone. He often visits Gold and Violet. Uses a staff that has incredible power. He can easily control ordinary people, capture their minds. He can read their minds and choose their fate. A cruel but intelligent puppeteer and manipulator.

Red is the God of animal husbandry and agriculture.

He borders territories with the entire CG and is a member of it. He actively participated in the extermination, destroyed a large number of refugees, including Sister Eran. He has the features of a wildcat, as well as very sharp claws. He was chosen by the past God of agriculture. After the fall of the God of Life, his vegetation fell, as did crops and livestock. Red blamed everything on karma from Victim and began collecting the bodies of the dead followers of the God of Life to use them as fertilizers, because their blood and wings are capable of all living things. The archives were sold to the God of Wisdom. A pendant is his accessory attached to his ear.

— has hatred from Eran.

— has little fear of the God of Death.

Alan is the God of time.

This deity lives by himself. He has one small continent in the middle of the sea. There are no followers and no religion, he communicates in all languages. He created a Victim and can mentally contact all the gods, read the thoughts of any creature. It is unknown when he appeared.

The Chosen One/Chous is the god of war.

He borders the territories of Dark, King and Yellow. Across the ocean, the same with Alan and Red. He also actively participated in the extermination, killed most of the followers of life in his territories and Dark. He used to have wings, but Dark cut them off to him as punishment, because he is still dependent on scarlet. Relations with the CG are neutral. After the fall of the god of life, the death rate in his state jumped sharply, and the birth rate decreased. He also believed that Victim himself was involved in this. He destroyed archives and, in principle, the state of life.

— afraid of the god of time[Alan], since he has never seen him and does not know anything about him.

— afraid of the god of death after punishment

[tokidokitokyo]

新潟県

Japanese Prefectures: Chūbu - Niigata

都道府県 (とどうふけん) - Prefectures of Japan

Learning the kanji and a little bit about each of Japan’s 47 prefectures!

Kanji・漢字

新　あたらしい、あらた、にい～、シン　new

潟　かた、がら　lagoon

県　ケン　prefecture

中部　ちゅうぶ　Chūbu, Central Japan, the central region of Japan

Prefectural Capital (県庁所在地) : Niigata (新潟市)

Niigata Prefecture is famous for its high-quality rice, sake, spectacular fireworks displays in winter, skiing in winter, and hot springs year-round. Niigata lies along the Sea of Japan and includes the offshore islands of Sado and Awa. Silt deposited by the Shinano and Agano rivers has created the lowlying Echigo Plain in the central part of the coastline, where the majority of the prefecture's population live. Most of the cities are along the coast as the rest of the prefecture is mountainous.

Recommended Tourist Spot・おすすめ観光スポット The Katakai Fireworks Festival - 片貝まつり

Katakai Fireworks Festival (source)

The Katakai Fireworks Festival is an annual autumn celebration at Asahara Shrine. Fireworks serve as dedications to the shrine, with individuals and companies expressing their sentiments by contributions to the display. The display contains the "yonshakudama" firework, the world's largest firework with an 800-meter diameter, and is listed in the Guinness Book of World Records.

In the morning, the town of Katakai is full of traditional events like the dedication of firework balls to Asahara Shrine, and rituals praying for the success and safety of the upcoming display.

Other fireworks festivities include the Gion Kashiwazaki Festival Sea Fireworks (July 26th) which illuminates the night sky over the sea; the Nagaoka Festival Grand Fireworks Show (August 2nd & 3rd) which unfolds along the banks of the Shinano River; and the winter display of Echigotsumari Fireworks in the snow (Late February) where fireworks color ethereal flower fields of light on snowy plains.

Regional Cuisine - 郷土料理 Hegi-soba (Buckwheat noodles) - へぎそば

Hegi-soba (source)

Soba is usually made with soba flour and wheat; however, this Niigata style soba is made by mixing a type of seaweed called funori with the seaweed. Soba originated in the Edo period, and in Niigata soba was made in an area called Uonuma. Uonuma didn't grow wheat, and so often local vegetables like ground burdock root were added to the soba flour to make noodles instead. In addition to soba, Uonuma was famous for its beautiful textiles, and when weaving the cloth, funori would be ground up and applied to the weft to stiffen the fibers and make the process easier. Someone must have come up with the idea to add funori to soba flour one day, and hegi-soba was invented.

Like zaru-soba, hegi-soba gets its name from the rectangular serving tray in which it is served. The verb hagu means to strip or peel, and in many dialects of the Kanto region it is pronounced hegu. The trays made from planed wood were called hegi. Thus the soba, wound by hand into bite-sized portions and layered on the tray, is called hegi-soba.

The funori makes the noodles a little more slippery than regular soba noodles but the taste doesn't differ much. The best way to enjoy hegi-soba is to dip the noodles into the dipping sauce, or mentsuyu, to get a base flavor. Then, try it with some hot Chinese mustard: Spread a little mustard on the soba, then dip the soba into the mentsuyu without letting the mustard and mentsuyu mix. Next, add sliced green onions to the mentsuyu and dip in your noodles. Finally, add some ground sesame seeds to the mentsuyu and try out that taste.

Hegi-soba is the pride of Niigata, such that you can get a special Soba Ticket in the city of Tokamachi, which gives you two 500-yen vouchers for soba, usable at 14 different restaurants in the city.

Niigata Dialect・Niigata-ben・新潟弁

Niigata-ben has three different classifications - two on the mainland (Tōkai-Tōsan dialect and Tōhoku dialect) and one on Sado Island (Sado dialect).

あちこたねぇ　achi kota nee

Standard Japanese: たいしたことない、大丈夫、心配ない　(taishita koto nai, daijyoubu, shinpai nai) English: trivial, not amounting to much, it's okay, don't worry about it

あちこたねぇよ、きっと大丈夫だから achi kota nee yo, kitto daijyoubu dakara

心配ないよ、きっと大丈夫だから shinpai nai yo, kitto daijyoubu dakara

Don't worry, it's going to be okay

2. かんべんね　kanben ne

Standard Japanese: ごめんね　(gomen ne) English: I'm sorry

あー！かんべんね。忘れちゃった。 aa! kanben ne. wasurechatta.

あー！ごめんね。忘れちゃった。 aa! gomen ne. wasurechatta.

Ah! I'm sorry. I forgot.

3. ごおぎ　(gougi)

Standard Japanese: 大変、ものすごく　(taihen, monosugoku) English: immense, greatly

これはごおぎ難しいね kore wa gougi muzukashii ne

これはものすごく難しいね kore wa monosugoku muzukashii ne

This is very difficult, isn't it

4. なじらね　(najirane)

Standard Japanese: いかがですか、調子はどうですか (ikaga desu ka, choushi wa dou desuka) English: how are you, how are things

A: 今日はなじらね？ kyou wa najirane? B: ばっかいいて～ bakka ii te～

A: 今日は調子どう？ kyou wa choushi dou? B: すごくいいよ～ sugoku ii yo～

A: How are you doing today? B: Really good～

5. そいがー　(soi gaa)

Standard Japanese: そうなんだ　(sou nan da) English: oh really, oh I see

A: この前ぽんしゅ館に行ってきたて～ Kono mae Ponshukan ni itte kita te～ B: そいが？ Soiga?

A: この前ぽんしゅ館に行ってきたんだよ Kono mae Ponshukan ni itte kitanda yo B: そうなの？ Sou na no?

A: The other day I went to Ponshukan* B: Oh really?

*Note: Ponshukan shops are located inside three major JR stations in Niigata, this sake "theme park" where you can sample leading local sake brands, purchase sake-related goods, and even soak in a sake hot spring bath.

More Niigata dialect here (JP).

[apod]

2024 April 7

A Total Solar Eclipse over Wyoming Image Credit & Copyright: Ben Cooper

Explanation: Will the sky be clear enough to see the eclipse? This question is already on the minds of many North Americans hoping to see tomorrow's solar eclipse. This question was also on the mind of many people attempting to see the total solar eclipse that crossed North America in August 2017. Then, the path of total darkness shot across the mainland of the USA from coast to coast, from Oregon to South Carolina -- but, like tomorrow's event, a partial eclipse occurred above most of North America. Unfortunately, in 2017, many locations saw predominantly clouds. One location that did not was a bank of the Green River Lakes, Wyoming. Intermittent clouds were far enough away to allow the center image of the featured composite sequence to be taken, an image that shows the corona of the Sun extending out past the central dark Moon that blocks our familiar Sun. The surrounding images show the partial phases of the solar eclipse both before and after totality.

∞ Source: apod.nasa.gov/apod/ap240407.html

[muzaktomyears]

In 1980 Peter Brown, a former assistant to Brian Epstein who later ran Apple Corps, managed the Beatles and was best man at John Lennon and Yoko Ono’s wedding, started work on the definitive account of the Beatles. With the American author Steven Gaines, he spoke to the three surviving band members alongside wives, girlfriends, managers, friends, hangers-on and everyone else in the Fabs’ universe. The book promised to be the last word in Beatles history. Then in 1983 The Love You Make was published, and all hell broke loose.

“They were furious,” recalls Gaines, 78, still sounding pained at the memory. “Paul and Linda tore the book apart and burned it in the fireplace, page by page. There was an omerta, a code of silence around the Beatles, and they didn’t think anyone would come forward to tell the truth. But Queenie, Brian Epstein’s mother, told us above all else to be honest.”

“Even she didn’t think we would be quite so honest,” adds Brown, 87, his upper-crust English tones still in place after five decades in New York.

Why did The Love You Make, retitled by Beatles fans as The Muck You Rake, incite such strong feelings? The suggestion of an affair between Lennon and Epstein on a holiday to Barcelona in April 1963, only three weeks after the birth of Lennon’s son Julian, had something to do with it, but more significantly it was taken as a betrayal by a trusted insider. Brown and Gaines locked the recordings in a bank vault and never looked at them again — until now.

“Very good question,” Brown says, when I ask why he and Gaines have decided to publish All You Need Is Love, an oral history made up of the interview transcripts from which The Love You Make was drawn. He is speaking from the Manhattan apartment on Central Park West where he has lived since 1971. “When [Peter Jackson’s documentary] Get Back came out, a journalist from The New York Times wanted me to talk. I told him I hadn’t talked about the Beatles since the book was published and suggested he go to someone else. He said, ‘There isn’t anyone else. Paul, Ringo and you are the only ones left.’ And I thought, do I have a responsibility to clear it all up, once and for all?”

After the death of Epstein in 1967, Brown assumed the day-to-day responsibilities of managing the Beatles and Apple Corps. He had on his desk a red telephone whose number was known only to the four Beatles. Unsurprisingly, given his insider status, the interviews make for fascinating reading. Paul McCartney, yet to be asked the same questions about the Beatles thousands of times over, is remarkably unguarded. Asked by Gaines if the other Beatles were anti-Linda, he replies: “I should think so. Like we were anti-Yoko.” On the image the Fabs had for being good boys on tour, he says, “You are kidding,” before going on to reference a notorious incident involving members of Led Zeppelin, a groupie and a mud shark, concluding: “No, not in the least bit celibate. We just didn’t do it with fish.”

Ono, speaking in the spring of 1981, not long after Lennon was killed in December 1980, reveals that she didn’t sleep with Lennon for the first two years of their relationship — “John didn’t know how to make a move” — and claims that she was blamed by the Beatles camp, George Harrison in particular, for getting Lennon onto heroin in 1969. “Everything we did in those days, anything that was wrong, was my responsibility,” she tells Gaines. But everyone, from the Beatles’ notorious late-period manager Allen Klein to the Greek electronics wizard/hustler “Magic” Alex Mardas — “the Mordred of the Beatles’ Camelot” according to Brown — has their own version of events.

Going through the transcripts reminded Gaines of the long shadow cast by Lennon. “I didn’t realise how sensitive the other Beatles were to John’s opinion,” he says, speaking from his home in the Hamptons, Long Island. “Paul worried about what John would say [in the event Lennon died before being interviewed] and was still longing for his friendship. George said that John didn’t read his autobiography because it was called I, Me, Mine. Those interviews were done before John’s death and Paul’s heart was broken, even then. It wasn’t just the break-up of the Beatles. It was more personal than that.”

From around 1968, the transcripts reveal how the key Beatles duo started to come apart. McCartney’s enthusiasm was only getting stronger. But Lennon grew increasingly bored and disillusioned. “You have to remember that John wasn’t in love with his wife Cynthia,” Gaines says by way of explanation. “He wanted to get away from the life he was leading and that’s why he started to experiment with drugs, all the way up to heroin.”

Brown says Ono was, and probably still is, a distant, mysterious character, exactly the kind of person Lennon was looking for, having done the right thing and married the sensible, quiet Cynthia after she discovered she was pregnant with Julian in 1963. “John told me about meeting this woman, and how frustrated he was that he couldn’t get to know her better; he couldn’t take her to lunch because it would cause gossip. I gave him the key to my apartment so he and Yoko could be together in private and thought, naturally, they were going there to f***. When I went home that evening, the apartment was untouched. They did nothing more than sit on the sofa and talk. That’s what they wanted: to know each other.”

Regarding the long-held, unfair suggestion that Ono broke up the Beatles, Gaines says: “Yoko came along at the right moment to light the fuse, but the dynamite was already packed. They resented her, she was difficult to understand and had a deep effect on John, but they were getting more and more unhappy with each other and needed to have their own lives. As people in the interviews say again and again, [the split] was bound to happen.”

It was Brown who in May 1968 introduced McCartney to Linda Eastman, an ambitious young American photographer whom he knew from his business trips to New York, when she came to London on an assignment to shoot the Rolling Stones. “I was having dinner with Paul at the Bag O’ Nails [a club in Soho] when she turned up, so I introduced them and he was obviously taken with her,” Brown recalls. “The following Friday, May 19, we were holding a party for 12 top photographers at Brian Epstein’s house in London when she walked in. Paul says I didn’t introduce him to his wife … but I did.”

If the book has a villain it is Klein, the New York accountant who took over management of the Beatles and sacked everyone around them, much to McCartney’s horror. As Brown puts it: “He was a hideous person. He even looked like a crook: sloppy and fat, always wearing sneakers and sweatshirts. Everything he didn’t like was ‘for shit’.”

You wonder why Lennon fell for him. “The interviews suggest it is because Allen Klein offered Yoko a million dollars for her movie project,” Gaines says. “She was enticed and John would do anything Yoko said.”

“I asked Mick Jagger to come over and explain to the four Beatles who this Allen Klein was,” Brown remembers. “And John, in his wonderful way, had Klein turn up to the same meeting, which was deeply embarrassing. It made Mick very uncomfortable too.”

Epstein, the man who saw the Beatles’ potential in the first place, is a central figure in All You Need Is Love. It includes a transcript of a recording of him from 1966, not used for the original book. It was in the possession of Epstein’s attorney Nat Weiss, and seemingly made by Epstein to mark the end of the Beatles’ final tour. He claims not only that Lennon felt remorse for the infamous comment on the Beatles being bigger than Jesus — “What upset John more than anything else was that hundreds of people were hurt by that” — but that the Beatles would tour once more. “There’s no reason why they shouldn’t appear in public again,” Epstein claims. They never did, unless you count that rooftop performance on January 30, 1969.

“Brian was driving them around the north of England in his car for a year,” Brown remembers of the early days. “This Jewish guy from Liverpool, who was gay, was with these guys who had been hanging around in Hamburg, so both had interesting backgrounds. They understood each other.”

For Gaines, a self-described “gay Jewish boy from Brooklyn”, Epstein is at the heart of the story. “Brian never felt the love of a real relationship. Then he found the Beatles. Everyone thought it would be just another of his phases, but he had tremendous feelings for John, both sexual and intellectual, and that’s what really pushed him. If there was one thing that started the whole thing off, it was Brian’s love for John Lennon.”

That love affair was the contentious issue of the original book. In his interview, McCartney says of Lennon going to Spain with Epstein: “What was John doing, manipulating this manager of ours? Sucking up to him, going on holiday, becoming his special friend.” It wasn’t the suggestion of a homosexual relationship that was troubling McCartney, but the balance of power tilting in Lennon’s direction.

“Paul wanted to be in charge, and he deserved to be because he was the motor, the driving force,” Gaines says. “Paul felt that John would steal away the power. He felt threatened by John’s relationship with Brian.”

“Paul always wanted to be active,” Brown adds. “After Brian’s death the world had to be carried on. Who was going to do that? It wasn’t going to be John, George or Ringo. Brian was my best friend and I was very upset [at his death]. I had to go to the court to convince the magistrate that it wasn’t a suicide, and the following day Paul set up a meeting so we could discuss what we would do next. I said we’d do it next week, and he said, ‘No, it has to be now.’ He was right.”

How did Brown and Gaines feel about the horrified reaction to the book, not just from fans but the Beatles themselves? “The world has changed,” Gaines says, by way of answer. “Now, after all these years, hopefully people can see it as a truthful, loving and gentle book.” It has been decades since Brown spoke to the surviving Beatles and he has not contacted them about this new publication.

What the interviews really capture in eye-opening detail is the story of four young men who became a phenomenon, then had to deal with the fallout as the dream ended. On December 31, 1970, the day McCartney sued the other three to dissolve the partnership, Brown handed in his resignation as the Beatles’ day-to-day manager and officer of Apple Corps. Ringo Starr said to him: “You didn’t want to be a nursemaid any more, and half the time the babies wouldn’t listen to you anyway.” Brown moved to New York and became chief executive officer of the Robert Stigwood Organisation. But the Beatles never fully left him, and in the wake of Get Back — and the news that Sam Mendes is to direct four biopics, one on each Beatle — he decided he had one last job.

“We have finished our responsibilities,” Brown says with quiet authority. “It is the end of the story.”

EXTRACTS

‘It’s like bloody Julius Caesar, and I’m being stabbed in the back!’

Paul McCartney on the Beatles signing Allen Klein as manager against his wishes

[John Lennon] said, “I’m going with [Allen] Klein, what do you want to do about it?” and I kind of said, “I don’t think I will, that’s my roll.” Then George and Ringo said, “Yeah, we’ll go with John.” Which was their roll. But that was pretty much how it always ended up, the three of them wanted to do stuff, and I was always the fly in the ointment, I was always the one dragging his heels. John used to accuse me of stalling. In fact, there was one classic little meeting when we were recording Abbey Road. It was a Friday evening session, and I was sitting there, and I’d heard a rumour from Neil [Aspinall, road manager] or someone that there was something funny going around. So we got to the session, and Klein came in. To me, he was like a sort of demon that would always haunt my dreams. He got to me. Really, it was like I’d been dreaming of him as a dentist. Anyway, so at this meeting, everyone said, “You’re going to stall for ever now, we know you, you don’t even want to do it on Monday.” And I said, “Well, so what? It’s not a big deal, it’s our prerogative and it could wait a few more days.” They said, “Oh no, typical of you, all that stalling and what. Got to do it now.” I said, “Well, I’m not going to. I demand at least the weekend. I’ll look at it, and on Monday. This is supposed to be a recording session, after all.” I dug me heels in, and they said, “Right, well, we’re going to vote it.” I said, “No, you’ll never get Ringo to.” I looked at Ringo, and he kind of gave me this sick look like, yeah, I’m going with them. Then I said, “Well, this is like bloody Julius Caesar, and I’m being stabbed in the back!”

‘You don’t like to see a chick in the middle of the team’

Paul McCartney on Yoko Ono

Give Yoko a lot . . . that was basically what John and Yoko wanted, recognition for Yoko. We found her sitting on our amps, and like a football team, an all-male thing, you really don’t like to see a chick in the middle of the team. It’s a disturbing thing, they think it throws them off the game or whatever it was, and these were the reasons that I thought, well, this is crazy, we’re gonna have Yoko in the group next. Looking at it now, I feel a bit sorry for her because, if only I had been able to understand what the situation was and think, wait a minute, here’s a girl who’s not had enough attention. I can now not make this into a major crisis and just sort of say, “Sure, what harm is she doing on the amps?” I know they would have really loved me. You know, we didn’t like Yoko at first, and people did call her ugly and stuff, and that must be hard for someone who loves someone and is so passionately in love with them, but I still can’t — I’m still trying to see his point of view. What was the point of all that? They’re very suspicious people [Lennon and Ono], and one of the things that hurt me out of the whole affair, was that we’d come all that way together, and out of either a fault in my character, or out of lack of understanding in their character, I’d still never managed to impress upon them that I wasn’t trying to screw them. I don’t think that I have to this day.

How Cynthia Lennon was driven to drink — at an ashram

Alexis ‘Magic Alex’ Mardas on Ono’s love letters to Lennon

Alexis Mardas was also known as Magic Alex, a name John bestowed on him because he was so taken with Alex’s inventions. Alex was handsome, charming, and a charlatan. (He sued The [New York] Times in Britain for calling him a charlatan and settled out of court. He’s dead now.)

[The Maharishi] was fooling around with several American girls. The Maharishi was making all of us eat vegetarian food, very poorly cooked, but he was eating chicken. No alcohol was allowed in the camp. I had to smuggle alcohol in because Cynthia wanted to drink. Cynthia was very depressed. John was receiving letters from Yoko Ono. Yoko was planning to win John. She was writing very poetic and very romantic letters. I remember those letters because John was coming to me with the letters, and Yoko was saying to John that “I’m a cloud in the sky, and, when you read this letter, turn your head and look in the sky, and if you see a small cloud, this is Yoko. Away from you but watching you.” Poor Cynthia was prepared to do absolutely everything to win John. She was not even allowed to visit the house where John was staying. She was longing for a drink. Now, drinks, they were strictly prohibited in the ashram, but when it was discovered that Maharishi had a drink, I said, “Just a second, at least equal.”

‘He’s become so nasty’

George Harrison on reaching out to John Lennon

What’s wrong with John, he’s become so nasty. It sounds like he hasn’t moved an inch from where he was five or six years ago. I sent Ringo, John, and Paul all a copy of my book. I got a call from Paul. He called me up just to say how much he liked it. I shouldn’t have called it I Me Mine, because that title was a bit much. I sent a copy to John. I’m wondering if he’s actually received it, if he’s received it, he probably doesn’t like it or something offends him about it.

‘I told John that ... it was just a nice feeling’

Yoko Ono advising John Lennon how to take heroin

George said I put John on H, and it wasn’t true at all. I mean, John wouldn’t take anything unless he wanted to do it. When I went to Paris [before I met John], I just had a sniff of it and it was a beautiful feeling. Because the amount was small, I didn’t even get sick. It was just a nice feeling. So I told John that. When you take it properly — properly is not the right word — but when you really snort it, then you get sick right away if you’re not used to it. So I think maybe because I said it wasn’t a bad experience, maybe that had something to do with it, I don’t know. But I mean so, he kept saying, “Tell me how it was?” Why was he asking? That was sort of a preliminary because he wanted to take it, that’s why he was asking. And that’s how we did it. We never injected. Never.

‘It was time’

Ringo Starr on the end of the Beatles

Ringo Starr: Well, I’m pleased it happened because in so many ways, I’m glad it’s not going now. It was time. Things last only so long. Steven Gaines: The Rolling Stones are [still] going. Ringo Starr: Yeah, but they’re old men.

(source)

[literaryvein-reblogs]

Some Law-Related Vocabulary

for your poem/story (pt. 3/4)

After-born - born after a certain event (as a father's death or the execution of a will)

Aliunde - from another source

Alluvion - material (as clay, silt, sand, or gravel) deposited by running water

Bona fide - characterized by good faith and lack of fraud or deceit; being real or genuine, sincere

Brain death - the final stopping of activity in the central nervous system especially as indicated by a flat electroencephalogram for a usually statutorily predetermined period of time

Cas fortuit - fortuitous event (i.e., an event of natural or human origin that could not have been reasonably foreseen or expected and is out of the control of the persons concerned)

Choice of evils defense - a defense to a criminal charge based on the assertion that the criminal act was committed to avoid the commission of an even greater evil

Civil fruit - the revenue derived from property especially by virtue of an obligation (as a lease)

Death with dignity law - a law legalizing the self-administration by a terminally ill person of life-ending medication prescribed by a physician; also called "right-to-die law"

Defalcation - failure to account for or pay over money that has been entrusted to one's care; a failure to meet a promise or an expectation

Embracery - an attempt to influence a jury corruptly

Evidentiary harpoon - evidence consisting especially of a police officer's statement that is improper and is knowingly offered by the prosecution to prejudice the defendant in the eyes of the jury

Ex aequo et bono - according to what is equitable and good

Excited utterance - a statement that concerns a startling event (as a physical assault) and that is made by a person while under stress caused by the event

Featherbedding - the unfair labor practice of causing an employer to pay for services which are not performed (as by requiring more workers than necessary)

Feticide - the act of causing the death of a fetus

Fishing expedition - an investigation that does not stick to a stated objective but hopes to uncover incriminating or newsworthy evidence

Flagrante delicto - in the very act of committing a misdeed; also: in the midst of sexual activity

Flat rule - a generalized rule applied without consideration for specific circumstances; called also "per se rule"

Gift inter vivos - a gift made during the lifetime of the donor and delivered with the intent of surrendering immediately and irrevocably dominion and control over the property

Hedonic damages - damages deemed to compensate for the loss of enjoyment of life resulting from a wrongful act

Inadvertent discovery - unexpected finding of incriminating evidence in plain view by the police

Mental cruelty - conduct by one spouse that renders the other's life miserable and unendurable and that is a ground for divorce

Mens rea - a culpable mental state

Noscitur a sociis - a doctrine or rule of construction: the meaning of an unclear or ambiguous word (as in a statute or contract) should be determined by considering the words with which it is associated in the context

Pecuniary - consisting of, measured in, or relating to money

Peonage - labor in a condition of servitude to extinguish a debt

Perils of the sea - perils that are peculiar to the sea but are of such an extraordinary nature and power that one cannot guard against them using ordinary skill and prudence

Quashal - an act of quashing something

Riparian - of or relating to or living or located on the bank of a watercourse (as a river or stream) or sometimes a lake

Scintilla - a small trace or barely perceptible amount of something (as evidence supporting a position)

Silent witness theory - a theory or rule in the law of evidence; photographic evidence (as photographs or videotapes) produced by a process whose reliability is established may be admitted as substantive evidence of what it depicts without the need for an eyewitness to verify the accuracy of its depiction

Vulture fund - an investment company that buys up bankrupt or insolvent companies with the goal of reorganizing them so they can be profitably resold as going concerns

Wrongful conception - a malpractice claim brought by the parents of a healthy but unwanted child usually against a physician or health-care provider for alleged negligence in performing a sterilization or abortion procedure and sometimes against a pharmacist or pharmaceutical manufacturer of contraceptives; also called "wrongful pregnancy"

Youthful offender - a young person (as one within a statutorily specified age range) who commits a crime but is granted special status entitling him or her to a more lenient punishment (as one involving probation or confinement in a special youth correctional facility) than would otherwise be available

If any of these words make their way into your next poem/story, please tag me, or leave a link in the replies. I would love to read them!

More: Law-Related Words More: Word Lists

[reality-detective]

DJT's EXECUTIVE ORDERS

13818

● Confiscated private and corporate assets

● Seized the NYSE

● Blocking the property of those involved in serious human rights abuses or corruption, human trafficking.

13848

● 13848 imposes certain sanctions in the event of foreign interference in any of the United States choices.

13959

● Maintain American leadership in artificial intelligence

Khazarian assets confiscated

● Among the top 3 executive orders - many DS assets were confiscated and DS Agents reversed

○ 13818, 13848 and 13959

● The Space Force has EVERYTHING under control!

● DS money will be used up quickly

● All DS gold has already been confiscated (Vatican etc.)

● Wall Street, Washington DC, Vatican and City of London - all dead

● OPERATION: DEFEND EUROPE. This started March 17th 2020 and takes over the Vatican, it's the mafia and it's seizing all the Rothschilds central banks

● Brexit has severed the Vatican's ropes and stripped the Royals of all assets

● We're going to Tesla and metals instead of oil and gas

GESARA – Global Economic Security and Reform Act

● It should be implemented on 10/11/2001. Stopped by the Khazarian false flag event on 9/11

● Elimination of the national debt of all nations of the world

● No taxes. Only a fixed sales tax of around 15% on new goods

● Waiving of mortgages and other bank departments due to illegal government activities

● Back to constitutional law - get rid of the corrupt law of the sea

● Newly elected leaders - only 10% of current governments

● World peace for 1,000 years

● Eliminate all current and future nuclear weapons on planet earth

● Gold Standard!

● Introduction of new hidden technologies - 6,000 Tesla patents. free energy

● Build and rebuild in all countries at 1950s prices

● The power back to We The People. Global distribution of wealth

● Odin project = World EBS (Emergency Broadcast System)

[opencommunion]

Zuhdi al-Adawi, “Day of the Prisoner” (1984)

Prisoners' Day is next week, April 17th. Since the genocidal assault on Gaza began, Palestinians detained by the occupation have reported unprecedented deadly conditions in already horrific torture camps.

In the west, more light has recently been shed on the prisoners' struggle by a whistleblowing IOF prison "doctor" who confessed to the occupation press that he and his colleagues "routinely" amputate Palestinian prisoners' limbs after injuring them with 24/7 shackling.

In recognition of Prisoners' Day take some time to learn more about the Palestinian prisoners' struggle—from Palestinians. Along with the articles linked here, RNN Prisoners and Samidoun's resources are a good place to start

[mostlysignssomeportents]

The CHIPS Act treats the symptoms, but not the causes

If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2024/02/07/farewell-mr-chips/#we-used-to-make-things

There's this great throwaway line in 1992's Sneakers, where Dan Aykroyd, playing a conspiracy-addled hacker/con-man, is feverishly telling Sydney Poitier (playing an ex-CIA spook) about a 1958 meeting Eisenhower had with aliens where Ike said, "hey, look, give us your technology, and we'll give you all the cow lips you want."

Poitier dismisses Aykroyd ("Don't listen to this man. He's certifiable"). We're meant to be on Poitier's side here, but I've always harbored some sympathy for Aykroyd in this scene.

That's because I often hear echoes of Aykroyd's theory in my own explanations of the esoteric bargains and plots that produced the world we're living in today. Of course, in my world, it's not presidents bargaining for alien technology in exchange for cow-lips – it's the world's wealthy nations bargaining to drop trade restrictions on the Global South in exchange for IP laws.

These bargains – which started as a series of bilateral and then multilateral agreements like NAFTA, and culminated in the WTO agreement of 1999 – were the most important step in the reordering of the world's economy around rent-extraction, cheap labor exploitation, and a brittle supply chain that is increasingly endangered by the polycrisis of climate and its handmaidens, like zoonotic plagues, water wars, and mass refugee migration.

Prior to the advent of "free trade," the world's rich countries fashioned debt into a whip-hand over poor, post-colonial nations. These countries had been bankrupted by their previous colonial owners, and the price of their freedom was punishing debts to the IMF and other rich-world institutions in exchange for loans to help these countries "develop."

Like all poor debtors, these countries were said to have gotten into their predicament through moral failure – they'd "lived beyond their means."

(When rich people get into debt, bankruptcy steps in to give them space to "restructure" according to their own plans. When poor people get into debt, bankruptcy strips them of nearly everything that might help them recover, brands them with a permanent scarlet letter, and subjects them to humiliating micro-management whose explicit message is that they are not competent to manage their own affairs):

https://pluralistic.net/2021/08/07/hr-4193/#shoppers-choice

So the poor debtor nations were ordered to "deregulate." They had to sell off their state assets, run their central banks according to the dictates of rich-world finance authorities, and reorient their production around supplying raw materials to rich countries, who would process these materials into finished goods for export back to the poor world.

Naturally, poor countries were not allowed to erect "trade barriers" that might erode the capacity of this North-South transfer of high-margin goods, but this was not the era of free trade. It wasn't the free trade era because, while the North-South transfer was largely unrestricted, the South-North transfer was subject to tight regulation in the rich world.

In other words, poor countries were expected to export, say, raw ore to the USA and reimport high-tech goods, with low tariffs in both directions. But if a poor country processed that ore domestically and made its own finished goods, the US would block those goods at the border, slapping them with high tariffs that made them more expensive than Made-in-the-USA equivalents.

The argument for this unidirectional trade was that the US – and other rich countries – had a strategic need to maintain their manufacturing industries as a hedge against future geopolitical events (war, but also pandemics, extreme weather) that might leave the rich world unable to provide for itself. This rationale had a key advantage: it was true.

A country that manages its own central bank can create as much of its own currency as it wants, and use that money to buy anything for sale in its own currency.

This may not be crucial while global markets are operating to the country's advantage (say, while the rest of the world is "willingly" pricing its raw materials in your country's currency), but when things go wrong – war, plague, weather – a country that can't make things is at the rest of the world's mercy.

If you had to choose between being a poor post-colonial nation that couldn't supply its own technological needs except by exporting raw materials to rich countries, and being a rich country that had both domestic manufacturing capacity and a steady supply of other countries' raw materials, you would choose the second, every time.

What's not to like?

Here's what.

The problem – from the perspective of America's ultra-wealthy – was that this arrangement gave the US workforce a lot of power. As US workers unionized, they were able to extract direct concessions from their employers through collective bargaining, and they could effectively lobby for universal worker protections, including a robust welfare state – in both state and federal legislatures. The US was better off as a whole, but the richest ten percent were much poorer than they could be if only they could smash worker power.

That's where free trade comes in. Notwithstanding racist nonsense about "primitive" countries, there's no intrinsic defect that stops the global south from doing high-tech manufacturing. If the rich world's corporate leaders were given free rein to sideline America's national security in favor of their own profits, they could certainly engineer the circumstances whereby poor countries would build sophisticated factories to replace the manufacturing facilities that sat behind the north's high tariff walls.

These poor-country factories could produce goods ever bit as valuable as the rich world's shops, but without the labor, environmental and financial regulations that constrained their owners' profits. They slavered for a business environment that let them kill workers; poison the air, land and water; and cheat the tax authorities with impunity.

For this plan to work, the wealthy needed to engineer changes in both the rich world and the poor world. Obviously, they would have to get rid of the rich world's tariff walls, which made it impossible to competitively import goods made in the global south, no matter how cheaply they were made.

But free trade wasn't just about deregulation in the north – it also required a whole slew of new, extremely onerous regulations in the global south. Corporations that relocated their manufacturing to poor – but nominally sovereign – countries needed to be sure that those countries wouldn't try to replicate the American plan of becoming actually sovereign, by exerting control over the means of production within their borders.

Recall that the American Revolution was inspired in large part by fury over the requirement to ship raw materials back to Mother England and then buy them back at huge markups after they'd been processed by English workers, to the enrichment of English aristocrats. Post-colonial America created new regulations (tariffs on goods from England), and – crucially – they also deregulated.

Specifically, post-revolutionary America abolished copyrights and patents for English persons and firms. That way, American manufacturers could produce sophisticated finished goods without paying rent to England's wealthy making those goods cheaper for American buyers, and American publishers could subsidize their editions of American authors' books by publishing English authors on the cheap, without the obligation to share profits with English publishers or English writers.

The surplus produced by ignoring the patents and copyrights of the English was divided (unequally) among American capitalists, workers, and shoppers. Wealthy Americans got richer, even as they paid their workers more and charged less for their products. This incubated a made-in-the-USA edition of the industrial revolution. It was so successful that the rest of the world – especially England – began importing American goods and literature, and then American publishers and manufacturers started to lean on their government to "respect" English claims, in order to secure bilateral protections for their inventions and books in English markets.

This was good for America, but it was terrible for English manufacturers. The US – a primitive, agricultural society – "stole" their inventions until they gained so much manufacturing capacity that the English public started to prefer American goods to English ones.

This was the thing that rich-world industrialists feared about free trade. Once you build your high-tech factories in the global south, what's to stop those people from simply copying your plans – or worse, seizing your factories! – and competing with you on a global scale? Some of these countries had nominally socialist governments that claimed to explicitly elevate the public good over the interests of the wealthy. And all of these countries had the same sprinkling of sociopaths who'd gladly see a million children maimed or the land poisoned for a buck – and these "entrepreneurs" had unbeatable advantages with their countries' political classes.

For globalization to work, it wasn't enough to deregulate the rich world – capitalists also had to regulate the poor world. Specifically, they had to get the poor world to adopt "IP" laws that would force them to willingly pay rent on things they could get for free: patents and other IP, even though it was in the short-term, medium-term, and long-term interests of both the nation and its politicians and its businesspeople.

Thus, the bargain that makes me sympathetic to Dan Aykroyd: not cow lips for alien tech; but free trade for IP law. When the WTO was steaming towards passage in the late 1990s, there was (rightly) a lot of emphasis on its deregulatory provisions: weakening of labor, environmental and financial laws in the poor world, and of tariffs in the rich world.

But in hindsight, we all kind of missed the main event: the TRIPS (Agreement on Trade-Related Aspects of Intellectual Property Rights). This actually started before the WTO treaty (it was part of the GATT, a predecessor to the WTO), but the WTO spread it to countries all over the world. Under the TRIPS, poor countries are required to honor the IP claims of rich countries, on pain of global sanction.

That was the plan: instead of paying American workers to make Apple computers, say, Apple could export the "IP" for Macs and iPhones to countries like China, and these countries would produce Apple products that were "designed in California, assembled in China." China would allow Apple to treat Chinese workers so badly that they routinely committed suicide, and would lock up or kill workers who tried to unionize. China would accept vast shipments of immortal, toxic e-waste. And China wouldn't let its entrepreneurs copy Apple's designs, be they software, schematics or trademarks.

Apple isn't the only company that pursued this strategy, but no company has executed it as successfully. It's not for nothing that Steve Jobs's hand-picked successor was Tim Cook, who oversaw the transfer of even the most exacting elements of Apple manufacturing to Chinese facilities, striking bargains with contractors like Foxconn that guaranteed that workers would be heavily – lethally! – surveilled and controlled to prevent the twin horrors of unionization and leaks.

For the first two decades of the WTO era, the most obvious problems with this arrangement was wage erosion (for American workers) and leakage (for the rich). China's "socialist" government was only too happy to help Foxconn imprison workers who demanded better wages and working conditions, but they were far more relaxed about knockoffs, be they fake iPods sold in market stalls or US trade secrets working their way into Huawei products.

These were problems for the American aristocracy, whose investments depended on China disciplining both Chinese workers and Chinese businesses. For the American people, leakage was a nothingburger. Apple's profits weren't shared with its workforce beyond the relatively small number of tech workers at its headquarters. The vast majority of Apple employees, who flogged iPhones and scrubbed the tilework in gleaming white stores across the nation, would get the same minimal (or even minimum) wage no matter how profitable Apple grew.

It wasn't until the pandemic that the other shoe dropped for the American public. The WTO arrangement – cow lips for alien technology – had produced a global system brittle supply chains composed entirely of weakest links. A pandemic, a war, a ship stuck in the Suez Canal or Houthi paramilitaries can cripple the entire system, perhaps indefinitely.

For two decades, we fought over globalization's effect on wages. We let our corporate masters trick us into thinking that China's "cheating" on IP was a problem for the average person. But the implications of globalization for American sovereignty and security were banished to the xenophobic right fringe, where they were mixed into the froth of Cold War 2.0 nonsense. The pandemic changed that, creating a coalition that is motivated by a complex and contradictory stew of racism, environmentalism, xenophobia, labor advocacy, patriotism, pragmatism, fear and hope.

Out of that stew emerged a new American political tendency, mostly associated with Bidenomics, but also claimed in various guises by the American right, through its America First wing. That tendency's most visible artifact is the CHIPS Act, through which the US government proposes to use policy and subsidies to bring high-tech manufacturing back to America's shores.

This week, the American Economic Liberties Project published "Reshoring and Restoring: CHIPS Implementation for a Competitive Semiconductor Industry," a fascinating, beautifully researched and detailed analysis of the CHIPS Act and the global high-tech manufacturing market, written by Todd Achilles, Erik Peinert and Daniel Rangel:

https://www.economicliberties.us/our-work/reshoring-and-restoring-chips-implementation-for-a-competitive-semiconductor-industry/#

Crucially, the report lays out the role that the weakening of antitrust, the dismantling of tariffs and the strengthening of IP played in the history of the current moment. The failure to enforce antitrust law allowed for monopolization at every stage of the semiconductor industry's supply-chain. The strengthening of IP and the weakening of tariffs encouraged the resulting monopolies to chase cheap labor overseas, confident that the US government would punish host countries that allowed their domestic entrepreneurs to use American designs without permission.

The result is a financialized, "capital light" semiconductor industry that has put all its eggs in one basket. For the most advanced chips ("leading-edge logic"), production works like this: American firms design a chip and send the design to Taiwan where TSMC foundry turns it into a chip. The chip is then shipped to one of a small number of companies in the poor world where they are assembled, packaged and tested (AMP) and sent to China to be integrated into a product.

Obsolete foundries get a second life in the commodity chip ("mature-node chips") market – these are the cheap chips that are shoveled into our cars and appliances and industrial systems.

Both of these systems are fundamentally broken. The advanced, "leading-edge" chips rely on geopolitically uncertain, heavily concentrated foundries. These foundries can be fully captured by their customers – as when Apple prepurchases the entire production capacity of the most advanced chips, denying both domestic and offshore competitors access to the newest computation.

Meanwhile, the less powerful, "mature node" chips command minuscule margins, and are often dumped into the market below cost, thanks to subsidies from countries hoping to protect their corner of the high-tech sector. This makes investment in low-power chips uncertain, leading to wild swings in cost, quality and availability of these workhorse chips.

The leading-edge chipmakers – Nvidia, Broadcom, Qualcomm, AMD, etc – have fully captured their markets. They like the status quo, and the CHIPS Act won't convince them to invest in onshore production. Why would they?

2022 was Broadcom's best year ever, not in spite of its supply-chain problems, but because of them. Those problems let Broadcom raise prices for a captive audience of customers, who the company strong-armed into exclusivity deals that ensured they had nowhere to turn. Qualcomm also profited handsomely from shortages, because its customers end up paying Qualcomm no matter where they buy, thanks to Qualcomm ensuring that its patents are integrated into global 4G and 5G standards.

That means that all standards-conforming products generate royalties for Qualcomm, and it also means that Qualcomm can decide which companies are allowed to compete with it, and which ones will be denied licenses to its patents. Both companies are under orders from the FTC to cut this out, and both companies ignore the FTC.

The brittleness of mature-node and leading-edge chips is not inevitable. Advanced memory chips (DRAM) roughly comparable in complexity to leading-edge chips, while analog-to-digital chips are as easily commodified as mature-node chips, and yet each has a robust and competitive supply chain, with both onshore and offshore producers. In contrast with leading-edge manufacturers (who have been visibly indifferent to the CHIPS incentives), memory chip manufacturers responded to the CHIPS Act by committing hundreds of billions of dollars to new on-shore production facilities.

Intel is a curious case: in a world of fabless leading-edge manufacturers, Intel stands out for making its own chips. But Intel is in a lot of trouble. Its advanced manufacturing plans keep foundering on cost overruns and delays. The company keeps losing money. But until recently, its management kept handing its shareholders billions in dividends and buybacks – a sign that Intel bosses assume that the US public will bail out its "national champion." It's not clear whether the CHIPS Act can save Intel, or whether financialization will continue to hollow out a once-dominant pioneer.

The CHIPS Act won't undo the concentration – and financialization – of the semiconductor industry. The industry has been awash in cheap money since the 2008 bailouts, and in just the past five years, US semiconductor monopolists have paid out $239b to shareholders in buybacks and dividends, enough to fund the CHIPS Act five times over. If you include Apple in that figure, the amount US corporations spent on shareholder returns instead of investing in capacity rises to $698b. Apple doesn't want a competitive market for chips. If Apple builds its own foundry, that just frees up capacity at TSMC that its competitors can use to improve their products.

The report has an enormous amount of accessible, well-organized detail on these markets, and it makes a set of key recommendations for improving the CHIPS Act and passing related legislation to ensure that the US can once again make its own microchips. These run a gamut from funding four new onshore foundries to requiring companies receiving CHIPS Act money to "dual-source" their foundries. They call for NIST and the CPO to ensure open licensing of key patents, and for aggressive policing of anti-dumping rules for cheap chips. They also seek a new law creating an "American Semiconductor Supply Chain Resiliency Fee" – a tariff on chips made offshore.

Fundamentally, these recommendations seek to end the outsourcing made possible by restrictive IP regimes, to undercut Wall Street's power to demand savings from offshoring, and to smash the market power of companies like Apple that make the brittleness of chip manufacturing into a feature, rather than a bug. This would include a return to previous antitrust rules, which limited companies' ability to leverage patents into standards, and to previous IP rules, which limited exclusive rights chip topography and design ("mask rights").

All of this will is likely to remove the constraints that stop poor countries from doing to America the same things that postcolonial America did to England – that is, it will usher in an era in which lots of countries make their own chips and other high-tech goods without paying rent to American companies. This is good! It's good for poor countries, who will have more autonomy to control their own technical destiny. It's also good for the world, creating resiliency in the high-tech manufacturing sector that we'll need as the polycrisis overwhelms various places with fire and flood and disease and war. Electrifying, solarizing and adapting the world for climate resilience is fundamentally incompatible with a brittle, highly concentrated tech sector.

Pluralizing high-tech production will make America less vulnerable to the gamesmanship of other countries – and it will also make the rest of the world less vulnerable to American bullying. As Henry Farrell and Abraham Newman describe so beautifully in their 2023 book Underground Empire, the American political establishment is keenly aware of how its chokepoints over global finance and manufacturing can be leveraged to advantage the US at the rest of the world's expense:

https://pluralistic.net/2023/10/10/weaponized-interdependence/#the-other-swifties

Look, I know that Eisenhower didn't trade cow-lips for alien technology – but our political and commercial elites really did trade national resiliency away for IP laws, and it's a bargain that screwed everyone, except the one percenters whose power and wealth have metastasized into a deadly cancer that threatens the country and the planet.

Image: Mickael Courtiade (modified) https://www.flickr.com/photos/197739384@N07/52703936652/

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