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This Is a Financial Extinction Event

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By Charles Hugh Smith

Source: Of Two Minds

The lower reaches of the financial food chain are already dying, and every entity that depended on that layer is doomed.

Though under pressure from climate change, the dinosaurs were still dominant 65 million year ago–until the meteor struck, creating a global “nuclear winter” that darkened the atmosphere for months, killing off most of the food chain that the dinosaurs depended on. (See chart below.)

The ancestors of modern birds were one of the few dinosaur species to survive the extinction event, which took months to play out.

It wasn’t the impact and shock wave that killed off dinosaurs globally–it was the “nuclear winter” that doomed them to extinction. As plants withered, the plant-eating dinosaurs expired, depriving the predator dinosaurs of their food supply.

This is a precise analogy for the global economy, which is entering a financial “nuclear winter” extinction event. As I’ve been discussing for the past few months, costs are sticky but revenues and profits are on a slippery slope.

Businesses still have all the high fixed costs of 2019 but their revenues are sliding as the “nuclear winter” weakens consumer spending, investment in new capacity, etc.

Despite all the hoopla about a potential vaccine, no vaccine can change four realities: one, consumer sentiment has shifted from confidence to caution and from spending freely to saving. This is the financial equivalent of “nuclear winter”: there is no way to return to the pre-impact environment.

Two, uncertainty cannot be dissipated, either. There are no guarantees a vaccine will be 99% effective, that it will last more than a few months, that it won’t have side-effects, etc. There are also no guarantees that consumers will resume their care-free spending ways as credit tightens, incomes decline, risks emerge and the need for savings becomes more compelling.

Three, consumer behavior and uncertainty have already changed, and so businesses that cannot survive on much lower revenues won’t last long enough to emerge from the “nuclear winter” of uncertainty and a shift in sentiment.

Four, assets based on 2019 revenues, profits and demand are now horrendously overvalued, and the repricing of all assets will bring down the predators, i.e. the banks.

As I’ve noted here before, the top 10% of households account for almost 50% of consumer spending. These households are older, and own the majority of assets –between 80% and 90% of stocks, bonds, business equity, rental real estate, etc. This is the demographic with the most to lose in returning to care-free air travel, jamming into crowded venues and cafes, etc.

This demographic has “been there, done that” and foregoing fine dining, sports events, concerts, cruises, etc. is not much a burden and may actually be a relief.

Meanwhile, the entire food chain of landlords, banks, local government, employees, etc. depends on enterprises returning to 100% of 2019 revenues. As tenants stop paying rent, landlords default on mortgages, sending banks into insolvency, leaving local government with less tax revenues and employees with fewer job prospects.

To a degree few appreciate, the “recovery” since 2009 has been dependent on over-spending, over-borrowing and over-speculating: as spending, borrowing and speculation all pull back to what would have been “normal” levels two generations ago, the economy collapses because it’s become completely dependent on over-spending, over-borrowing and over-speculating.

As consumers and businesses retrench, borrowing declines while defaults and bankruptcies eviscerate bank profits and balance sheets. As spending declines, businesses with high fixed costs and pre-pandemic business models (crowding people together in close quarters, etc.) cannot generate enough revenues to survive. As the collateral of commercial real estate and profit streams collapse, assets are repriced all down the food chain, reversing the wealth effect: as people feel poorer, they borrow and spend less, creating a feedback loop of lower valuations, lower spending, lower profits, lower borrowing all of which feed back into each other, pushing everything lower.

The lower reaches of the financial food chain are already dying, and every entity that depended on that layer is doomed: the small business die-off will bring down distributors, banks, landlords, and employment, and as the this layer collapses then the top predators will starve to death as well: Big Tech, healthcare, higher education, tourism, local tax revenues, etc.

The clouds are spreading and thickening, and the dawn sky is tinted an ominous red. This is a financial extinction event, and the Fed’s pathetic shamans can’t reverse history.

Masked, Homeless, and Desolate

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By Edward Curtin

Source: Off-Guardian

Personality is persona, a mask…The mask is magic…Larva means mask; or ghost…it also means mad, a case of demoniacal possession.”
Norman O. Brown, Love’s Body

Walk the streets in the United States and many countries these days and you will see streaming crowds of people possessed by demons, masked and anonymous, whose eyes look like vacuums, staring into space or out of empty sockets like the dead, afraid of their own ghosts. Fear and obedience oozes from them. Death walks the streets with people on leashes in lockstep.

That they have been the victims of a long-planned propaganda campaign to use an invisible virus to frighten them into submission and shut down the world’s economy for the global elites is beyond their ken. This is so even when the facts are there to prove otherwise.

It is a clear case, as Peter Koenig tells Michel Chossudovsky in this must-see interview, that is not a conspiracy theory but a blatant factual plan spelled out in the 2010 Rockefeller Report, the October 18, 2019 Event 201, and Agenda 21, among other places.

Who can wake the sleepwalkers up in this cowardly new world where culture and politics collude to create and exploit ignorance?

Fifty-five years ago on, July 20, 1965, Bob Dylan released his song “Like a Rolling Stone.” It arrived like a rocking jolt into the placid pop musical culture of the day. It was not about wanting to hold someone’s hand or cry in the chapel. It wasn’t mumbo-jumbo like “Wooly Bully,” the number one hit. It wasn’t like the pop pap that dominates today’s music scene. It wasn’t Woody Guthrie in slow time.

It beat you up. It attacked. It confronted you. Maybe, if you were alive then, you thought Dylan was kidding you. You thought wrong. Bitching about his going electric was a dodge. He was addressing all of us, including himself.

Still is. But who wants to hear his recent “Murder Most Foul” and read Dylan’s scathing lyrics about the assassination of JFK, the killing that started the slow decay that has resulted in such masked madness. “And please, Don’t Let Me Be Misunderstood,” he tells us in capital letters for emphasis. Exactly what all the mainstream media have done, of course, and not by accident.

There are no alibis.

“How does it feel/To be on your own/with no direction home/A complete unknown/Like a rolling stone?”

It was in the mid-1960s when confidence in knowing where home was and how to get there disappeared into thin air. If you left mommy and daddy, could you ever get back from where you were going? Who had the directions?

Absolutes were melting and relativity was widespread. Life was wild and the CIA was planning to make it wilder and more confusing with the introduction of LSD on a vast scale. MKUltra was expanding its scope. Operation Mockingbird was singing so many tunes that heads were spinning, as planned.

The national security state killers were in the saddle, having already murdered President Kennedy and Malcolm X as they sharpened their knives for many more to come. The peace candidate, Lyndon Baines Johnson, had been elected nine months earlier with 61.1% of the popular vote and went immediately to work secretly expanding the war against Vietnam. War as an invisible virus. Who knew?

Who, but a small anti-war contingent, wanted to know?

War takes different forms, and the will to ignorance and historical amnesia endure. War is a disease. Disease is weaponized for war. In 1968 Richard Nixon was elected on a “secret plan” to end the Vietnam War and then ramped it up to monstrous proportions, only to be reelected in 1972 by carrying 49 out of 50 states.

Who wants to know now? The historian Howard Zinn once said correctly that this country’s greatest problem wasn’t disobedience but obedience.

What’s behind the masks? The lockstep?

On the same day that Dylan released “Like a Rolling Stone,” Secretary of Defense Robert McNamara, just back from a “fact-finding” trip to Vietnam, recommended to LBJ that U.S. troop levels in Vietnam be increased to 175,000 and that the U.S. should increase its bombing of North Vietnam dramatically.

This was the same McNamara who, in October 1963, had agreed with JFK when he signed NSAM 263 calling for the withdrawal of 1,000 military personnel from Vietnam by the end of 1963 and the remainder by the end of 1965. One of the moves that got Kennedy’s head blown open.

Poor McNamara, the fog of war must have clouded his conscience, confused the poor boy, just like Secretary of State Colin Powell holding up that vile vial of “anthrax” at the United Nations on February 5, 2003 and lying to the world about weapons of mass destruction in Iraq.

Powell recently said, “I knew I didn’t have any choice. He’s the President.” How “painful,” to use his word, it must have been for the poor guy, lying so that so many Iraqis could be slaughtered. Of course, he had no choice. These war criminals all wear masks. And have no choice.

Masks, or demonic possession, or both. You?

Also in that fateful year 1965, far out of sight and out of mind for most Americans, the CIA planned and assisted in the slaughter of more than a million Indonesians, led by their man, General Suharto. This led to the coup against President Sukarno, who two years earlier had been on good terms with JFK as they worked to solve the interrelated issues of Indonesia and Vietnam. Their meeting planned for early 1964 was cancelled in Dallas on November 22, 1963.

And the politicians and media luminaries came out in their masks and told the public that communists everywhere were out to get them.

It’s tough being on your own. It hurts to think too much. Or think for yourself, at least. To obey an authority higher than your bosses. “I was tricked” is some sort of mantra, is it not?

You never turned around to see the frowns on the jugglers and the clowns
When they all did tricks for you

Dylan was lost and disgusted when he wrote the song. His own music sickened him, which, for an artist, means he sickened himself. He had just returned from a tour of England and was sick of people telling him how much they loved his music when he didn’t. He needed to change.

What else is the point of art but change? If you’re dead, or afraid of getting dead, you aren’t going to change. You’re stuck. Stuck is dead. Why wear a mask if you know who you are?

Knowledge, or more accurately, pseudo-knowledge or mainstream media lies, is a tomb “the mystery tramp” sold to us, a place to hide to avoid pain and guilt.

I have read more books than anyone I know. It sickens me.
I know too much. That sickens me.
I sicken myself. All the news sickens me.
I know so much no one believes me.
As Francesco Serpico once told me: “It’s all lies.”
Of course. Dylan and Serpico are blood brothers.
Only art tells the truth. Real art.

Not bullshit pop art. Some say “Like a Rolling Stone” is about Edie Sedgwick, “the girl of the year” in 1965 and one of Andy Warhol’s superstars. Perhaps to a degree it is, but it’s far more than that. It’s about us.

Poor Edie was poisoned by her wealthy family at a young age and barely had a chance. She was an extreme example of a rather common American story. People poisoned in the cradle. Thinking of her got me thinking of Andy Warhol, the death obsessed hoarder, the guy who called his studio “The Factory” in a conscious or unconscious revelation of his art and persona, his wigs and masks and the hold he has had on American culture all these years. Isn’t he the ultimate celebrity?

Warhol once took my photo on a deserted street. His and my secret but this is the truth. West 47th Street on an early Sunday morning, 1980. I guess he thought he was doing art or collecting images for his museum of dead heads. When I asked him why, he said I had an interesting face.

I told him he did too, rather transparent and creepy, but I didn’t want to capture him. He was a ghost with a camera, a face like a death mask, trying to capture a bit of life. I told him I didn’t give him permission to shoot me, but he turned and walked away into the morning mist. The shooters always just walk away in pseudo-innocence.

I then went down the street to the Gotham Book Mart that was my destination and asked James Joyce why he had written “The Dead,” and Joyce, secretive as ever, quoted himself, “Ed,” he said, “Think you’re escaping and run into yourself. Longest way round is the shortest way home.” Now that was direction.

Only those who know how to play and be guided by intuition are able to escape the living tomb of so-called knowledge; what Dylan called, lifelessness. But that was from “Desolation Row,” released as the closing track of Highway 61 Revisited on August 30, 1965. The only acoustic song on the album. Slow it down to make the point another way. “Like a Rolling Stone” was the opening track.

Do you feel all alone or part of a masked gang roaming the streets incognito? Miss and Mr. Lonely, does that mask help? How do you feel?

Desolation means very lonely. From Latin, de, completely, solare, lonely.

Does that mask help? Do you feel alone together now, one of the crowd?

Do you really want to know about desolation row? It’s here. It was here in 1965, too. Only the true lonely know how it feels to really be all alone.

The Umbrella People, those who some call the deep state or secret government under whose protection all the politicians work, say they want to protect us all from death and disease. They are lying bastards who’ve gotten so many to imitate their masked ways. They can only sing a mockingbird’s song.

Listen to real singers. Dylan has arched the years, as true artists do. Who has paid close attention to what he said this year about the assassination of President Kennedy in his song, “Murder Most Foul”? Or were many caught up in the propaganda surrounding corona virus, and rather than contemplating his indictment of the U.S. government and its media accomplices, were they contemplating their navels to see if a virus had secreted itself in there. Viruses lurk everywhere, they say, and the corporate media made certain to circulate a vaccine about the truth in Dylan’s song. This is normal operating procedure.

We are still on Desolation Row.

“Take Off the Masks.” That was the title of a book by Rev. Malcolm Boyd that I reviewed long ago. He was a gay priest who decided that his mask was a lie. He came out into the light of truth. He had guts.

It is time for everyone to take off the masks. Escape from Desolation Row by seeing what’s going on behind our backs.
Listen to Dylan, long ago – today:

At midnight all the agents
And the superhuman crew
Come out and round up everyone
That knows more than they do
And they bring them to the factory
Where their heart attack machine
Is strapped across their shoulders
And then the kerosene
Is brought down from the castles
By insurance men who go
Check to see that nobody is escaping
To Desolation Row
Praise be to Nero’s Neptune
The Titanic sails at dawn
Everybody’s shouting
“Which side are you on?”

 

The Maxwell Family Business: Espionage

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Ghislaine Maxwell is hardly the only Maxwell sibling to continue their father’s controversial work for intelligence, with other siblings carrying the torch specifically for Robert Maxwell’s sizable role in the PROMIS software scandal and subsequent yet related hi-tech espionage operations.

By Whitney Webb

Source: Unlimited Hangout

Many were surprised to learn earlier this month that the key co-conspirator in Jeffrey Epstein’s intelligence-linked sexual blackmail operation, Ghislaine Maxwell, had been in hiding in New England since Epstein’s arrest and subsequent “suicide” last summer. Her recent arrest, of course, has returned attention to the Epstein scandal and to Ghislaine’s ties to the entire operation, in which she played a central and crucial role, arguably more so than Epstein himself.

Ghislaine was first reported to be living in New England at the mansion of her alleged boyfriend Scott Borgeson on August 14th of last year. Though Maxwell is believed to have stayed there until purchasing the nearby New Hampshire home where she was arrested, attention from her presence on the East Coast was immediately and sensationally re-directed to the West Coast when, a day later on August 15th, the New York Post published a picture allegedly depicting Maxwell reading a book on “CIA operatives” at an In-N-Out Burger in Los Angeles, California. The photo was later revealed to have been photoshopped and a fake, but ultimately served its purpose in distracting from her actual location in New England.

While the media frenziedly covered the fake In-N-Out Burger photo, the appearance of an unexpected visitor nearby Borgeson’s mansion succeeded in largely slipping under the radar. On August 18th, Ghislaine’s sister Christine was spotted “packing up a number of bags” into a SUV just a few miles from Borgeson’s “secluded beachfront” home. Christine, who currently lives and works in Dallas, Texas, declined to comment on why she was visiting the exact area where Ghislaine was allegedly hiding at the time.

Out of the seven Maxwell siblings, Ghislaine Maxwell has undoubtedly received the bulk of media scrutiny both in recent years and arguably ever since the suspected homicide of the family patriarch, Robert Maxwell, in 1991. In the years since his death, Robert Maxwell’s close ties to Israeli intelligence and links to other intelligence agencies have been documented by respected journalists and investigators including Seymour Hersh and Gordon Thomas, among others.

While Ghislaine’s own ties to intelligence have since come to light in relation to her critical role in facilitating the Jeffrey Epstein sexual blackmail operation. Little, if any attention, has been paid to her siblings, particularly Christine and her twin sister Isabel, despite them having held senior roles at the Israeli intelligence front company that facilitated their father’s greatest act of espionage on Israel’s behalf, the sale of the bugged PROMIS software to the U.S. national laboratories at the heart of the country’s nuclear weapons system.

Not only that, but Christine and Isabel later became directly involved with technology-based business ventures that directly involved Ghislaine during the very period she worked with Epstein on behalf of Israeli and U.S. intelligence to ensnare powerful U.S. political and public figures in a sexual blackmail scheme involving minors. At the time, Ghislaine described her profession to a number of newspapers as “an internet operator.” Then, after this venture’s multi-million dollar sale to a competitor, Christine and Isabel became involved with successors to the PROMIS software scandal that were closely tied to U.S. intelligence and Israeli intelligence, respectively.

Ghislaine herself also became involved in these affairs, as did Jeffrey Epstein following his first arrest, as they began courting the biggest names in the U.S. tech scene, from Silicon Valley’s most powerful venture capital firms to its most well-known titans. This also dovetailed with Epstein’s investments in Israeli intelligence-linked tech firms and his claims of having troves of blackmail on prominent tech company CEOs during this same period.

With Ghislaine’s name and her ties to intelligence now inking their way back into the media sphere, detailing the decades-long course of these technology-focused espionage operations and their persistent ties to the Maxwell sisters demands the attention it deserves, as the need to air out the real Maxwell family business – espionage – is now greater than ever before.

Trap doors and Treason

One of the most brazen and successful operations conducted by Israeli intelligence on a global scale is undeniably its sale of a bugged software program to governments, corporations and major financial and scientific institutions around the world. That software program, known as the Prosecutor’s Information Management System or by its acronym PROMIS, was orginally created and marketed by Inslaw Inc., a company created by former NSA official Bill Hamilton and his wife Nancy.

In 1982, Inslaw leased its revolutionary PROMIS software to the U.S. Justice Department, then headed by arch neocon Edwin Meese III, Ronald Reagan’s most trusted advisor and who would later go on to advise Donald Trump following the 2016 election. The success of the software, which allowed integration of separate databases and information analysis on a previously unimaginable scale, eventually caught the attention of Rafi Eitan, the notorious and legendary Israeli spymaster and handler of the “most damaging spy” in American history, Jonathan Pollard. Eitan, at the time, was serving as the then-head of the now defunct Israel intelligence service known as Lekem, which focused specifically on espionage related to scientific and technical information and discoveries.

Eitan had first learned of PROMIS from Earl Brian. Brian was a long-time associate of Ronald Reagan who had previously worked for the CIA in covert operations and had been in charge of Reagan’s healthcare program when Reagan was governor of California. Brian often bragged of the nickname he had acquired in overseeing that health care initiative – “the man who walked over the dead.” In 1982, however, Brian was attempting to build a business empire, in which then-AG Ed Meese’s wife was a major investor, and he had first met Eitan while attempting to sell a healthcare system in Iran.

Brian divulged the efficacy of PROMIS, but – instead of praising its revolutionary approach to data analysis – expressed his frustration that the software enabled U.S. federal investigators to successfully track and target money laundering and other financial crimes. He also expressed frustration that he had been left out of the profits on PROMIS, the development of which he had followed closely for several years.

As their conversation wore on, Eitan and Brian hatched a plan to install a “trapdoor”, today more often referred to as a back door, into the software. They would then market PROMIS throughout the world, providing Israeli intelligence and allied elements of U.S. intelligence with a direct window into the operations of its enemies and allies while also netting Eitan and Brian massive profits for the sale of the software. Brian, of course, would also be able to use PROMIS to circumvent authorities investigating financial crimes.

According to the testimony of ex-Mossad official Ari Ben-Menashe, after a copy of PROMIS was obtained by Israeli military intelligence (via direct collusion with the U.S. Department of Justice), Ben-Menashe contacted an Israeli American programmer living in California on Eitan’s orders. That programmer then planted a “trapdoor” or back door into the software that would allow Lekem covert access to any database connected to a device on which the software was installed.

Once the back door was present, Brian attempted to use his company Hadron Inc to market the bugged PROMIS software around the world, though he first had tried to buy out Inslaw to do so. Unsuccessful, Brian turned to his close friend, then-Attorney General Ed Meese, and the Justice Department then abruptly refused to make the payments to Inslaw that had been stipulated by the contract, essentially using the software for free, which Inslaw claimed to be theft.

Meese’s actions would force Inslaw into bankruptcy and Inslaw subsequently sued the Justice Department, with a US court later finding that the Meese-led department “took, converted, stole” the software through “trickery, fraud and deceit.” With Inslaw out of the way, Brian sold the bugged software to Jordan’s and Iraq’s intelligence services, a major boon for Israel, and to a handful of companies. Despite this, Eitan was unsatisfied with Brian and Hadron and he quickly turned to the person he thought could most effectively market and sell PROMIS to governments of interest all over the world, Robert Maxwell.

First recruited as an asset of Israeli intelligence in the early 1960s, Maxwell’s standing with Israeli intelligence would strengthen considerably beginning in the early 1980s, when he purchased a web of Israeli companies, many of which were official “service providers” for the Mossad. One of these companies, a computer firm called Degem, had been used for years to provide cover to Mossad assassins that conducted kidnappings and murders in Latin America and Africa.

Through Degem and other Maxwell-owned companies based in Israel and elsewhere, Maxwell marketed PROMIS so successfully that Israeli intelligence soon had access to the innermost workings of innumerable governments, corporations, banks and intelligence services around the world. Many of Maxwell’s biggest successes came in selling PROMIS to dictators in Eastern Europe, Africa and Latin America. Following the sale and after Maxwell collected a handsome paycheck, PROMIS’ unparalleled ability to track and surveil anything – from cash flows to human movement – were used by these governments to commit financial crimes with greater finesse and used to hunt down and disappear dissidents. Israeli intelligence, of course, watched it all play out in real time.

In Latin America, for instance, Maxwell sold PROMIS to military dictatorships in Chile and Argentina, which were used to facilitate the mass murder that characterized Operation Condor as the friends and families of dissidents and so-called subversives were easily identified using PROMIS. PROMIS was so effective for this purpose that, just days after Maxwell sold the software to Guatemala, its US-backed dictatorship rounded up 20,000 “subversives” who were never heard from again. Of course, thanks to the back door in PROMIS, Israeli intelligence knew the identities of Guatemala’s disappeared before the victim’s own families. Israel was also intimately involved in the arming and training of many of the same Latin American dictatorships that had been sold the bugged PROMIS software.

Though Israeli intelligence found obvious use for the steady stream of sensitive and classified information, their biggest prize was yet to come – top secret government laboratories in the United States. Eitan tasked Maxwell with selling PROMIS to US labs in the Los Alamos complex, including Sandia National Laboratory, which was and is at the core of the US nuclear weapons system. Notably, the eventual sale of PROMIS to these laboratories by Maxwell occurred during the same period in 1984 when Eitan tasked one of Israel’s top experts in nuclear targeting with supervising Jonathan Pollard’s espionage of U.S. nuclear secrets on Israel’s behalf.

In order to plot how he would accomplish such a feat, Maxwell would meet with none other than Henry Kissinger, who told him that – in order to sell PROMIS to these sensitive laboratories – he needed to enlist the services of then-Senator for Texas John Tower, who was the head of the Senates’ Armed Services Committee at the time. Maxwell quickly struck a deal with Tower and then, using Mossad money, paid Tower $200,000 for his services, which included opening doors – not just to the Los Alamos complex, but also to the Reagan White House. Tower would arrange a trip for Maxwell to travel to Sandia National Laboratory, where he would market PROMIS. Unlike most other PROMIS sales, this one would not be handled by Degem, but a US-based company called Information on Demand.

It is worth noting that, despite Tower’s obvious and treasonous actions with respect to U.S. national security, another long-time “source” of Robert Maxwell, George H.W. Bush, would attempt to nominate Tower to serve as U.S. Secretary of Defense. When the Senate refused to confirm Tower, only then did Bush nominate Dick Cheney, who would then head the Pentagon and oversee the U.S.’ role in the First Gulf War. Not long after his failure to secure the nomination as Pentagon chief, Tower died in a suspicious plane crash soon after the equally suspicious death of Robert Maxwell.

Front Companies and FBI Cover-ups

Robert Maxwell purchased Information on Demand from its founder, Sue Rugge – a former librarian, through the Pergamon Group in 1982 – the very year plans were made by Rafi Eitan and Earl Brian to subvert PROMIS. Its offices were just a few doors down from the home of Isabel Maxwell and her first husband Dale Djerassi, son of the scientist credited with creating the birth control pill.

According to FBI files obtained by Inslaw Inc. via a FOIA request in the 1990s, San Francisco’s FBI opened an investigation into Information on Demand a year later in October 1983 and subsequently interviewed Rugge about the business and its activities. She told the FBI that the company’s sources “include over 250 computer data bases” and that company uses these to “locate single facts as well as provide answers to complex questions dealing with such areas as comprehensive marketing research, custom data summaries, sophisticated literature searching, current awareness service and global information capability.

One of these databases included Lockheed’s Dialog database and “the Defense Technical Center which is connected to the Department of Defense (DOD) which contains classified information. ” She asserted, however, that the company “has no password for access and further no need for access.” Elsewhere in the document, it notes that Information on Demand claimed not have any access to classified information “to the best of their knowledge” and “includes information concerning government and various available means of tapping government information databases.”

The FBI asked Rugge about one client of the company in particular, whose name and identifying information is redacted in its entirety, but notes that this mysterious client had worked with Information on Demand since at least 1973. Subsequent efforts by Inslaw Inc. and others to learn the identity of the redacted client have been unsuccessful since 1994.

Notably, just one month before the FBI opened an investigation into Information on Demand and interviewed Sue Rugge, another related Maxwell-owned firm, Pergamon International Information Corporation, had sent a letter to then-CIA Director Bill Casey, offering to provide the agency with access to patent databases. The only redacted portion of the letter is the identity of PIIC’s Executive Vice President, who had written the letter to Casey.

After Rugge had been interviewed, FBI interest in Information on Demand peaked soon after in June 1984, when a formal investigation was opened. This took place after two employees of Sandia National Laboratory who worked in technology transfer approached the Bureau over Information on Demand’s efforts to sell PROMIS to the laboratory. Those employees were compelled to contact the FBI after obtaining information from employees of the National Security Agency (NSA) regarding “the purchase of Information on Demand Inc. by one Robert Maxwell, the owner of Pergamon International.” The specific information on this purchase from the NSA is included in the report but redacted in its entirety. Two months later, one of the Sandia employees followed up with the Bureau, suggesting that the NSA and FBI jointly investigate Information on Demand, but was essentially stonewalled and told to take it up with FBI headquarters.

The FBI case file is coded as a foreign counter-intelligence investigation specifically, suggesting that the case was opened because the FBI was made aware of the alleged involvement of a foreign intelligence service in some aspect of Information on Demand’s activities that related specifically to the “dissemination, marketing or sale of computer software systems, including but not limited to the PROMIS computer software product.” It also noted that Maxwell himself had previously been the subject of a “security investigation” conducted by the FBI from 1953 until 1961, the year Maxwell was formally recruited as an Israeli intelligence asset.

In early August 1984, FBI headquarters and other higher-ups in the Ed Meese-led Department of Justice, which itself was complicit in the whole sordid PROMIS affair, ordered the New Mexico office to halt its investigation into Information on Demand, Maxwell and PROMIS. The cover-up, oddly enough, continues today, with the FBI still refusing to release documents pertaining to Robert Maxwell and his role in the PROMIS scandal.

Several months following the shuttering of the FBI investigation into Information on Demand, Robert Maxwell again returned to Sandia National Laboratories in February 1985, signing the contract for the sale of PROMIS and listing himself as President and CEO of Information on Demand. A few months later, he passed that role on to his daughter Christine, who served as the company’s president and CEO up until her father’s death in 1991, according to her résumé. Upon the collapse of his business empire shortly after his demise, which also resulted in the closure of Information on Demand, Christine created a company called Research on Demand that offered similar services and specialized “in Internet- and Big Data analytics-related market studies for companies in the Telecoms.”

In addition, Isabel Maxwell, who lived in close proximity to the company’s offices in Berkely, CA, told Haaretz that she had also worked for Information on Demand, which she refers to as “her sister’s company,” following her 1989 divorce from Dale Djerassi.

Recreating their Father’s Legacy

After the death of Robert Maxwell, in what most of his family and many of his biographers regard as a murder conducted by Israeli intelligence, his children began to pick up the pieces and sought to rebuild their father’s empire. Of his seven children, five took on different aspects of their father’s vast portfolio.

Kevin and Ian Maxwell took over much of his businesses (and the associated fall-out) and his murky network of interlocking companies, trusts and foundations spread throughout the world. Ghislaine, having already positioned herself in New York at her father’s behest to anchor his efforts to expand his empire and operations into Manhattan, began a sexual blackmail operation on behalf of Israeli intelligence alongside Jeffrey Epstein. Christine and Isabel, however, would take off where Maxwell’s intelligence-linked work with PROMIS and in technology had left off by cashing in on a new revolutionary technology, the Internet.

“We literally were trying to think about how to restart this whole business” that had collapsed after their father’s death, Christine Maxwell would later say of her decision to found, along with her husband Roger Malina, Isabel and Isabel’s then-husband David Hayden, their internet services company – the McKinley Group – in January 1992. Isabel would remember the decision similarly, telling Wired in 1999, that she and her sister had “wanted to circle the wagons and rebuild,” seeing McKinley as “a chance to recreate a bit of their father’s legacy.” In 2000, Isabel would tell The Guardian that her father would “love it [the internet] if he was still here.” “He was very prescient….He’d be in his element, he’d be having a blast, I’m sure he’d be thrilled to know what I’m doing now,” she told the UK-based publication while “throwing back her head and laughing loudly.” Notably, at that time, Isabel was leading Israeli software company with ties to Israeli military intelligence and powerful Israeli political players, including some who had previously worked directly under her father.

It’s not hard to see why Christine and Isabel saw the internet as their chance to expand upon and rebuild upon Robert Maxwell’s “legacy.” As previously mentioned, Christine, right up until her father’s death, had been president and CEO of the Robert Maxwell-owned Israeli intelligence front company, Information on Demand, where Isabel had also worked. Upon his death, Christine had founded a related company called Research on Demand, which specialized in “internet and big data analytics” for telecommunications firms, and would later overlap with the McKinley Group’s work. McKinley began as a directory with a rating system for websites, later transitioning into the Magellan search engine, all of which Isabel Maxwell told Cnet in 1997 were all Christine’s idea.

McKinley created what became known as the Magellan online directory, remembered as “the first site to publish lengthy reviews and ratings of websites.” Magellan’s “value-added content” approach attracted several large corporations, resulting in “major alliances” with AT&T, Time Warner, IBM, Netcom and the Microsoft Network [MSN] that were negotiated by Isabel Maxwell. Microsoft’s major alliance with McKinley came in late 1995, when Microsoft announced that Magellan would power the search option for the company’s MSN service. Time Warner first chose Magellan for its early web portal called Pathfinder and Magellan was on the homepage of the internet browser Netscape for much of the 1990s.

However, McKinley’s fortunes were troubled as its efforts to be the first search engine to go public fell through, igniting a stand-off between Christine Maxwell and Isabel’s husband that also resulted in the company’s essentially falling behind other market leaders both missing the window for a second IPO attempt and lagging behind in adding ad revenue to their business model. Excite, which was later acquired by AskJeeves, ultimately bought the McKinley Group and Magellan for 1.2 million shares of Excite stock in 1996, which was then valued at $18 million. It was allegedly Isabel Maxwell who made the deal possible, with Excite’s CEO at the time, George Bell, claiming she alone salvaged their purchase of McKinley.

Despite the company’s lackluster end, the Maxwell sisters and other stakeholders in the company, Ghislaine Maxwell among them, not only obtained a multi-million dollar payout from the deal, but also forged close connections with Silicon Valley high-rollers. Upon McKinley/Magellan’s sale, the overt ties of Christine and Isabel Maxwell to intelligence in both the U.S. and Israel would grow considerably.

A Family Affair

While the company is often framed as being a venture between Christine and Isabel Maxwell, McKinley Group and Magellan were much more than just the twin sisters’ business. For instance, a November 2003 article in The Evening Standard notes that Christine and Isabel launched the company with considerable help from their brother, Kevin Maxwell who the article described as being “consumed by an overwhelming desire to be his ‘dad reincorporated’” according to confidants. Another Evening Standard article from March 2001 cited report that “Kevin played a major role” in the company’s affairs.

In addition, at the time, The Sunday Times noted in November 2000 that Ghislaine Maxwell “had a substantial interest in Magellan” and netted a considerable sum following its sale to Excite in 1996. It also noted that Ghislaine, throughout the 1990s, had “been discreetly building up a business empire as opaque as her father’s” and that “she is secretive to the point of paranoia and her business affairs are deeply mysterious.” However, she would nonetheless describe “herself as an ‘internet operator’” even though “her office in Manhattan refuses to confirm even the name or the nature of her business.” A separate article in The Scotsman from 2001 also notes that Ghislaine “is extremely secretive about her affairs and describes herself as an internet operator.”

Exactly how involved Ghislaine Maxwell was involved in the McKinley Group and Magellan is unclear, though her decision to describe herself as an “internet operator” and her documented “substantial interest” in the company suggest that it was more than superficial. What is notable, however, is that Ghislaine’s time as an “internet operator” and her business interests in Magellan overlap directly with her time working alongside Jeffrey Epstein in an Israeli intelligence-linked sexual blackmail operation.

During this period of time, Ghislaine Maxwell and Jeffrey Epstein frequently had considerable overlap in their finances, with press reports from the time often asking whether Ghislaine’s expenses were paid by Epstein or through her access to the “lost Maxwell millions” that had been hidden in a web of murky, untraceable financial entities and allegedly “disappeared” following his 1991 death.

The latter is certainly a possibility as it was Ghislaine who was the first to walk into her late father’s office on the Lady Ghislaine following his death, where she “shredded all incriminating documents onboard,” according to journalist John Jackson who witnessed the scene. This would likely mean that she was quickly able to distinguish which documents were “incriminating” and was intimately aware of his more unsavory business activities. In addition, prior to his death, Robert Maxwell had provided Ghislaine with a “tailor-made” New York corporation called Maxwell Corporate Gifts, of which little is known. The corporation was reportedly intended to aid her in establishing a foothold in New York’s power base for Robert Maxwell’s planned expansion into New York society, a plan first set into motion following his purchase of the New York Daily News.

Notably, an article from The Evening Standard in 2001 makes an odd comment about a major source of income from Epstein during the 1990s, stating that “has made many millions out of his business links with the likes of Bill Gates, Donald Trump and Ohio billionaire Leslie Wexner, whose trust he runs.”  In addition, Epstein victim Maria Farmer noted in an interview that she overheard Ghislaine and Epstein discuss Bill Gates as though they knew him well in 1995. However, these mentions of Bill Gates here defies the official narrative about the Epstein-Gates relationship, which claims they first met in 2011.Given the “major alliance” between McKinley/Magellan and Microsoft that was forged in 1995-1996, it is certainly possible that Epstein’s pre-2001 “business links” with Bill Gates were, in fact, related to Ghislaine’s involvement and stake in Magellan. This is also supported by the fact that, as will be shown in Part 2 of this report, Magellan co-founder Isabel Maxwell had a personal relationship with Bill Gates and that he put her subsequent company, Israel-based CommTouch, “on the map” after a major investment that had been brokered between Gates and Isabel personally. Part 2 will also show how both Isabel and Christine’s overt involvement, with Israeli and U.S. intelligence, respectively, deepened after Magellan was sold to Excite in 1996.

Alleged Salas Family Assailant Previously Worked for US/Israeli Intelligence-Linked Firm

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The alleged gunmen who killed the son of Esther Salas, the judge recently assigned to the Epstein-Deutsche Bank case, worked for a company of corporate spies and mercenaries with ties to intelligence and also to Deutsche Bank.

By Whitney Webb

Source: Unlimited Hangout

The news of the shooting of the husband and son of Esther Salas, the judge recently assigned to oversee the Jeffrey Epstein – Deutsche Bank case, caused shock and confusion while also bringing renewed scrutiny to the Epstein scandal just a week after Epstein’s main co-conspirator, Ghislaine Maxwell, was denied bail in a separate case.

The case Salas is set to oversee is a class action lawsuit brought by Deutsche Bank investors who allege that Deutsche Bank “failed to properly monitor customers that the Bank itself deemed to be high risk, including, among others, the convicted sex offender Jeffrey Epstein.” The case came after the New York state Department of Financial Services had settled with Deutsche Bank over the bank’s failure to cut ties with Epstein-linked accounts, resulting in Deutsche Bank paying a $150 million fine. Deutsche Bank, unlike other financial institutions, failed to close all of its accounts linked to Epstein until less than a month prior to his arrest last year, even though the bank had identified him as “high risk” years before.

Beyond the tragedy of Sunday’s shooting, which claimed the life of Salas’ only child, the quick discovery of the death of the main suspect, Roy Den Hollander, of a “self-inflicted” gunshot to the head before he could be arrested or questioned by authorities has led to speculation that there is more to the official narrative of the crime than meets the eye.

With law enforcement sources now claiming that Esther Salas was not the intended target of the attack and some media reports now suggesting that Den Hollander’s motive was related to his dislike of feminism, it appears there are efforts underway to distance Sunday’s tragic shooting from Salas’ recent assignment to the Epstein case, which occurred just four days before the tragic shooting.

The most likely reason for any such “damage control” effort lies in the fact that both U.S. law enforcement investigations and mainstream media reports have consistently downplayed the connections of Jeffrey Epstein’s sexual trafficking and financial crimes to intelligence agencies in the U.S. and Israel. Similarly, Roy Den Hollander previously worked for a New York firm has been described as a “private CIA” with ties to those countries’ intelligence agencies and, also, ties to Deutsche Bank.

A Private CIA

According to his website, Den Hollander once worked for Kroll Associates Moscow Office, where he “managed and upgraded Kroll’s delivery of intelligence and security in the former Soviet Union” from 1999 to 2000. A few years prior, Kroll had won a considerable bid from the Russian government to locate money allegedly “spirited out of the country by the directors of state enterprises when they realized that privatization was inevitable.” The Kroll executives in charge of the Russian portfolio prior to Den Hollander were E. Norbett Garrett, a former CIA station chief in Cairo and Kuwait, and Joseph Rosetti, former chief of security for IBM. During that period and prior to his hiring at Kroll, Den Hollender worked as a lawyer in Russia regarding “legal and business issues, including international financing and marketing” and married a Russian woman he met during his time there that he subsequently claimed was part of the “Russian mafia.”

Founded by Jules Kroll in 1972, Kroll Associates would later become known as the “CIA of Wall Street” and “Wall Street’s Private Eye” and was alleged to be an actual front for the CIA by French intelligence agencies, according to theWashington Post. Part of the reason for this nickname, which was once a boasting point for top Kroll executives, owes to the fact that the firm frequently hired former CIA and FBI officers, as well as former members of MI6 and Mossad. K2 Intelligence, the successor to Kroll Associates founded by Jules Kroll and his son Jeremy in 2009, has similar hiring practices, counting former FBI and NSA officials among its ranks alongside former high-ranking members of the Israel Defense Forces (IDF) and Shin Bet, Israel’s domestic intelligence agency. Kroll also boasted ties to the Bush family, with Jonathan Bush (George Bush Sr.’s brother) serving on its corporate advisory board, and Kroll was also employed by Bill Clinton’s first presidential campaign.

Though it is mainly involved in corporate security and investigations, Kroll has also frequently investigated targets of Washington foreign policy, including Saddam Hussein, and was also the company tapped to “reorganize” Enron in 2002. Kroll Associates also has long been a subject of scrutiny for those that question the official narrative on the attacks of September 11, 2001, given that the company was put in charge of security for the World Trade Center complex from 1993 bombing up through the 2001 attacks and has no shortage of ties to companies and individuals that profited from the attacks. Kroll itself experienced a “surge in business” following the events of 9/11, a day when its top executives all avoided going to work despite ostensibly providing security for the complex.

A similar “surge in business” for Kroll followed the 2003 U.S. invasion of Iraq after the company’s investigations into Saddam Hussein’s and the Bath Party’s finances had been used as partial justification for the military incursion. Kroll became a major provider of mercenaries along with companies like Blackwater and DynCorp to the U.S. invasion and subsequent occupation through its subsidiary Kroll Security International. Its clients included the United States Agency for International Development (USAID), which has long fronted for the CIA, and also provided mercenaries for the war in Afghanistan.

Kroll executives over the years have commented to the press on their reputation as a “private CIA” and have also noted the advantages of being a “private” as opposed to “public” intelligence agency. For instance, E. Norbett Garrett, the former CIA official turned Kroll executive, told The New Yorker in 2009 the following:

“Garrett explained the disparity between what Kroll could do and what the C.I.A. could in a place like Sudan. “They have to rely on public and covert sources,” he said. “But we can go straight to Salah Idris. He’s our client, after all. We can go straight to his friends. We can be manipulated, of course, shown incomplete information, and sometimes we have to walk away from a case if we don’t trust somebody. But we definitely have some advantages.”

Kroll Associates and the Epstein Network

Aside from Kroll Associates’ own role as a private intelligence firm, it is also worth pointing out that Jules Kroll had an odd meeting with Robert Maxwell, Ghislaine Maxwell’s father, shortly before his death, alleged by most Maxwell biographers and his family to have been a homicide. Roughly two weeks before his death, Kroll met with Maxwell at New York’s Helmsley Palace Hotel. According to a 1992 article in Vanity Fair, “Maxwell had ushered Kroll and two other men out onto the patio so that their conversation could not be overheard or bugged,” with Maxwell allegedly seeking to hire Kroll to uncover “people out to get him, to destroy his empire, to cripple him financially, and to destroy his life and business in any way they could.”

The article further notes that “the meeting broke up with Maxwell’s promising that he would send Kroll what he called “a memorandum of suspicions and unexplained events.” “Maxwell was working on this compendium,” said the  [anonymous] participant [in the meeting], “when he met his death.” Kroll Associates was never formally hired.”

Much more recently Kroll came under scrutiny after being hired by disgraced media mogul Harvey Weinstein alongside the “private Mossad for hire” firm Black Cube. Weinstein had been instructed to hire Black Cube by Ehud Barak, the former Israeli military intelligence head and Israeli Prime Minister with close ties to Jeffrey Epstein and a frequent visitor of Epstein’s residences. Weinstein hired Kroll to harass and cyberstalk women who had accused him of sexual assault. Weinstein was a one-time business partner of Jeffrey Epstein’s and the testimony of Epstein victim Maria Farmer strongly implies that Ghislaine Maxwell and Epstein “shared” women, and potentially underage girls, with the film producer. The Daily Beast later reported that Epstein had used his ties to Weinstein to impress and recruit potential victims and at least one of those victims landed a role in a film produced by a Weinstein-owned company due to Epstein’s ties to Weinstein.

In addition, Kroll’s long-time executive Vice President for Operations, James Bucknam, was previously chief adviser to former FBI director Louis Freeh and is now CEO of the Freeh Group. Freeh has since become notorious for having been hired by Epstein associate, lawyer Alan Dershowitz, to “investigate” the Epstein scandal, and was also involved in the cover-up of the Penn State child molestation and abuse scandal. Freeh was also director of the FBI when the Bureau declined to investigate accusations regarding Leslie Wexner, Ghislaine Maxwell and Jeffrey Epstein and their involvement in the sex trafficking of minors, first reported to the FBI in 1996 by Maria Farmer.

The Kroll – Deutsche Bank “Revolving Door”

After “retiring” from Kroll associates, Jules Kroll created a credit-rating agency, a field he had called just years earlier “a heck of a racket.” Named the Kroll Bond Rating Agency (KBRA), the firm was envisioned by Kroll as a “credit-rating agency on steroids,” but has failed to make a dent in the market shares of the so-called “Big Three” credit-rating agencies: Standard & Poor’s, Moody’s Investors Service, and Fitch Ratings.

Though it hasn’t managed to become a dominant force in credit ratings, KBRA has managed to be profitable and to have produced something of a “revolving door” between its senior management and Deutsche Bank executives. For instance, KBRA’s top executive in Europe, Mauricio Noé, had previously been a Managing Director of Deutsche Bank’s London branch. In another example, Vice President for Credit Structuring at Deutsche Bank in New York, Ian Ross, was previously employed by KBRA and Yee Cent Wong, managing director of KBRA for CMBS, was previously Vice President of the Credit Solutions Group at Deutsche Bank Securities. Another managing director of KBRA, Bill Baneky, had previously served as Deutsche Bank’s Vice President and National Relationship Manager. One of KBRA’s senior managing directors, Rosemary Kelley, is also a former Deutsche Bank Vice President, while another, Ken Kockenmeister, was Deutsche Bank’s Director for Large Loan Securitization and Underwriting.

While they may not be the “biggest” credit-rating agency, KBRA analysts and executives frequently speak to media outlets where they comment on the state of various businesses, Deutsche Bank among them. Given the amount of overlap between Deutsche Bank and KBRA, it is unsurprising that KBRA has lobbied in the press on Deutsche’s behalf. For instance, KBRA analyst Christopher Whalen told Business Insider in 2016 that “The problem with Deutsche Bank may be the end of Merkel’s career,” adding that “The question is does she want to be remembered for doing the right thing — which is to provide support for the bank and diffuse the situation — or does she want to be remembered for standing by when one of the largest banks in Europe failed?”

Jeffrey Epstein’s ties to Deutsche Bank go back decades, and potentially earlier. After working for Bear Stearns earlier in his career and then as a so-called “financial bounty hunter” with ties to intelligence-linked arms dealers and Wall Street, Epstein set up a Ponzi scheme with Steve Hoffenberg called Tower Financial, which collapsed in 1993 and subsequently landed Hoffenberg 20 years in prison. Epstein’s name, despite being a clear co-conspiractor, was suspiciously dropped from the case during the trial. Hoffenberg subsequently alleged that Epstein used his ill-gotten gains from Tower Financial alongside a series of suspect loans from Deutsche Bank to create his investment company.

Hoffenberg subsequently told The Observer the following:

“His lead bank is Deutsche Bank, Germany, that runs the lead on his financial trust company. They run the platform in the trading of the currencies for Epstein and with Epstein. He’s never disclosed to the investors that provide the money to Deutsche Bank his true legacy, that’s securities fraud.”

Following that point, Epstein’s financial activities, aside from his Deutsche Bank-enabled investment vehicle, were publicly conducted through Bear Stearns (until its 2008 collapse) and J.P. Morgan. When J.P. Morgan dropped Epstein as a client, he again turned to Deutsche Bank in 2013, becoming a client of the bank’s private wealth division in New York. Anti-money laundering compliance officers at the bank’s branches in New York and Florida subsequently flaggedEpstein’s accounts in 2015, in 2016 and again in 2019, creating suspicious activity reports regarding the movements of large amounts of funds tied to Epstein-linked accounts outside of the U.S.

However, the bank did not fully terminate their relationship with Epstein until June 2019, just a few weeks prior to his arrest last year. Epstein was believed to have dozens of accounts with the bank at one point and those accounts were shut down slowly over a period of several months beginning in late 2018.

Ties that Bind

The narrative emerging that Den Hollander was motivated to kill Esther Salas’ husband and sons due to his hatred of feminism is a rapid attempt to explain away a story that clearly warrants further investigation, albeit into avenues that mainstream media and powerful individuals in the public and private sectors prefer remain untouched.

As the heinous act targeting the Salas family has shown, individuals with a lot to lose are willing to go to the farthest extremes to keep the ties of Epstein to the financial sector and to intelligence out of sight and out of mind. Indeed, just last December, Epstein’s personal banker at Deutsche Bank, Thomas Bowers, the chief of Deutsche Bank’s Private Wealth Management division in New York from 2012 to 2015, was found dead in his home. His death was quickly ruled a suicide by hanging. Bowers had also signed off on “unorthodox” loans, not just for Epstein, but Donald Trump, who has his own ties to the Epstein scandal.

While some have been quick to point out that Trump (as well as his son-in-law Jared Kushner) could stand to lose from potential revelations in the Epstein-Deutsche Bank trial, there are other key power-brokers tied to both Epstein and Deutsche Bank who could also be feeling the heat. For instance, Lynn Forester de Rothschild, who became close to Epstein in the early 1990s and subsequently connected him to the Clinton White House and later to Alan Dershowitz, is intimately involved in the Deutsche Bank Microfinance Consortium.

Aside from Epstein’s use of the money, Deutsche Bank has been notorious for years as a cesspool of money launderingfor organized crime networks, paying $14.5 billion in fines in just seven years for official action taken against the bank by several governments. It is highly likely that the brutality of what happened outside the Salas family home on Sunday is more related to Deutsche Bank than Epstein, as numerous powerful individuals have ties to the embattled bank.

Even the recent move by Attorney General William Barr to remove SDNY District Attorney Geoffrey Berman from his post appears to be more related to Berman’s efforts to investigate Deutsche Bank than the Epstein scandal, as some have alleged. This is because Barr’s new pick for Berman’s old job counts Deutsche Bank among his former clients and notably defended the bank in a recent anti-money laundering probe, whereas Berman was investigating the bank (albeit for political reasons that took aim at the bank’s dealings with Trump).

While Epstein’s egregious and criminal actions targeting minors have now become public knowledge, in role in facilitating white collar crime, money laundering and financial frauds on behalf of corporations, governments and oligarchs remains sorely under-covered, despite his role in such activities preceding and continuing after his involvement in an intelligence-linked sexual blackmail operation.

It arguably remains one of the key components of the Epstein scandal, yet the most poorly understood and most under-investigated. If anything, the tragic events at the Salas family home on Sunday, and what appears to be a rapid yet shoddy cover-up of the shooter’s ties to Kroll Associates and actual motives, reveal that Epstein’s financial ties are more frightening to certain powerful individuals and institutions than his trove of sexual blackmail.

The Free Market Is A Failure

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By TheHipcrimeVocab

Sorry for the deliberately click-bait-y headline, but I think this message is important to get out there.

In my discussions few months back on What is Neoliberalism, I noted that a core element of neoliberal philosophy is that markets are the only efficient, effective and rational way to distribute goods and services.

Neoliberals profess the idea that only competitive markets can allocate “scarce” resources efficiently, and that it is only such “free” markets that can lift people out of poverty and deliver broad prosperity. They pound it into our heads constantly.

Yet the Covid-19 crisis has illustrated spectacular and pervasive failures of such “free” markets all over the globe, and especially in the U.S. Instead of fairness or efficiency, we see systemic failure in every market we look: the food industry, the medical industry, the retail industry, the employment market. Resources are being destroyed and misallocated on a massive scale

Let’s start with the food industry, because food is the most important thing (nine means from anarchy, and all that). Thousands and thousands of pigs are being slaughtered, their meat left to rot, eaten by no-one, regardless of the forces of supply and demand:

The United States faces a major meat shortage due to virus infections at processing plants. It means millions of pigs could be put down without ever making it to table…

Boerboom, a third-generation hog farmer, is just one of the tens of thousands of US pork producers who are facing a stark reality: although demand for their products is high in the nation’s grocery stores, they may have to euthanise and dispose of millions of pigs due to a breakdown in the American food supply chain.

Meat shortage leaves US farmers with ‘mind-blowing’ choice (BBC)

Potatoes are sitting in Belgian warehouses and left to rot, only two short years after a drought threatened to produce a severe shortage:

Belgium: Lighthearted campaign to ‘eat more fries’ aims to lift heavy load (DW)

Meanwhile, dairy farmers in the U.S. heartland are dumping milk into the ground, to be drunk by no one.

Cows don’t shut off: Why this farmer had to dump 30,000 gallons of milk (USA Today)

In fact, the whole food situation is rather ugly, as this piece from The Guardian summarizes:

This March and April, even as an astounding 30 million Americans plunged into unemployment and food bank needs soared, farmers across the US destroyed heartbreaking amounts of food to stem mounting financial losses.

In scenes reminiscent of the Great Depression, dairy farmers dumped lakes of fresh cow’s milk (3.7m gallons a day in early April, now about 1.5 million per day), hog and chicken farmers aborted piglets and euthanized hens by the thousands, and crop growers plowed acres of vegetables into the ground as the nation’s brittle and anarchic food supply chain began to snap and crumble.

After delays and reports of concealing worker complaints, meatpacking plants that slaughter and process hundreds of thousands of animals a day ground to a halt as coronavirus cases spread like wildfire among workers packed tightly together on dizzyingly fast assembly lines.

Meanwhile, immigrant farmworkers toiled in the eye of the coronavirus storm, working and living in crowded dangerous conditions at poverty wages; at one Washington state orchard, half the workers tested positive for Covid-19. Yet many of these hardest working of Americans were deprived of economic relief, as they are undocumented. Advocates report more farmworkers showing up at food banks – and some unable to access food aid because they can’t afford the gas to get there.

None of this is acceptable or necessary and it’s not just about Covid-19, it’s also illustrative of a deeply deregulated corporate capitalism. America’s food system meltdown amid the pandemic has been long-developing, and a primary cause is decades of corporate centralization and a chaotic array of policies designed to prop up agribusiness profits at any cost.

Farmers are destroying mountains of food. Here’s what to do about it (Guardian)

That doesn’t sound very “efficient” to me, does it? How about you? Free market fundamentalists, care to weigh in?

Meanwhile, hospitals in the United States, which one would think are the most important thing to keep open during a pandemic, are actually closing across the country. These are the very things you want most to be open! Why is this happening? Because health care in the U.S. is a profit-driven enterprise that “competes” in the free market. Because elective procedures—their cash cow—have either been suspended or postponed. U.S. hospitals are closing because they are dependent upon these elective procedures to shore up their profits, and markets rely on profits.

As the deadly virus has spread beyond urban hotspots, many more small hospitals across the country are on the verge of financial ruin as they’ve been forced to cancel elective procedures, one of the few dependable sources of revenue. Williamson Memorial and similar facilities have been struggling since long before the pandemic — at least 170 rural hospitals have shut down since 2005, according to University of North Carolina research on rural hospital closures.

But even as hospitals in cities like New York City and Detroit have been deluged with coronavirus patients, many rural facilities now have the opposite problem: their beds are near-empty, their operating rooms are silent, and they’re bleeding cash.

More than 100 hospitals and hospital systems around the country have already furloughed tens of thousands of employees, according to a tally by industry news outlet Becker’s Hospital Review. They’ve sent home nurses and support staffers who would be deemed essential under state stay-home orders.

Rural hospitals are facing financial ruin and furloughing staff during the coronavirus pandemic (CNN)

And how about allocating labor via impersonal markets? How’s that going? Well, not so well. The workers with the skills most desperately needed on the front lines during the crisis are taking pay cuts and getting laid off left and right. Instead of contributing, they are sitting at home, unable to work even if they wanted to:

At a time when medical professionals are putting their lives at risk, tens of thousands of doctors in the United States are taking large pay cuts. And even as some parts of the US are talking of desperate shortages in nursing staff, elsewhere in the country many nurses are being told to stay at home without pay.

That is because American healthcare companies are looking to cut costs as they struggle to generate revenue during the coronavirus crisis.

“Nurses are being called heroes,” Mariya Buxton says, clearly upset. “But I just really don’t feel like a hero right now because I’m not doing my part.”

Ms Buxton is a paediatric nurse in St Paul, Minnesota, but has been asked to stay at home.

At the unit at which Ms Buxton worked, and at hospitals across most of the country, medical procedures that are not deemed to be urgent have been stopped. That has meant a massive loss of income.

Coronavirus: Why so many US nurses are out of work (BBC)

It’s an ironic twist as the coronavirus pandemic sweeps the nation: The very workers tasked with treating those afflicted with the virus are losing work in droves.

Emergency room visits are down. Non-urgent surgical procedures have largely been put on hold. Health care spending fell 18% in the first three months of the year. And 1.4 million health care workers lost their jobs in April, a sharp increase from the 42,000 reported in March, according to the Labor Department. Nearly 135,000 of the April losses were in hospitals.

As Hospitals Lose Revenue, More Than A Million Health Care Workers Lose Jobs (NPR)

So it doesn’t seem like “free and open” markets are doing so well with either health care or labor.

Meanwhile, U.S. states are competing against each other for desperately needed PPE equipment, bidding up the price and preventing scarce resources from going to where they are most badly needed, which would naturally be where Covid-19 has struck the hardest:

As coronavirus testing expands and more cases of infection are being identified, doctors, nurses and other healthcare workers are scrambling to find enough medical supplies to replenish their dwindling supply.

But state and local governments across the United States are vying to purchase the same equipment, creating a competitive market for those materials that drives up prices for everyone.

“A system that’s based on state and local governments looking out for themselves and competing with other state and local governments across the nation isn’t sustainable,” said John Cohen, an ABC News contributor and former acting Undersecretary of the Department of Homeland Security, “and if left to continue, we’ll certainly exacerbate the public health crisis we’re facing.”

“There’s a very real possibility,” he added, “that those state and local governments that have the most critical need won’t get the equipment they need.”

Competition among state, local governments creates bidding war for medical equipment (ABC News)

Yet neoliberals always tell us how important “competition” is in every arena of life.

Failure, failure, failure! Everywhere we look, we see failure. Pervasive, systematic failure. Resources going unused. Surpluses of food being dumped even while people go hungry and line up at food banks. Workers with necessary skills sitting at home, twiddling their thumbs. Other workers unable to even earn a living to support themselves and their families, no matter how badly they want to work. Masks and protective equipment NOT going to where they are most needed, their costs inflating, befitting no one except profiteers even as people die.

Tell me again about how the market is “efficient” at distributing resources. Tell me again about how central planning inevitably results in wasted resources, surfeits and shortages.

And here is the big, bold, underscored point:

The free-marketeers want to trumpet the market’s successes, but they don’t want to own its failures.

Free-market boosters always want to talk about the wonderful benefits of markets. How they allow multiple people to coordinate their activities across wide variations of space and time. How they allow knowledge to be distributed among many different actors. How they favor tacit knowledge that a single entity could not possess. Libraries of encomiums have been written celebrating the virtues of the “free” market. You know their names: The Provisioning of Paris, Economics in One Lesson, Free to Choose, I Pencil, and all of that. Much of what passes for economic “science” is simply cheerleading for markets– the bigger, freer and less-regulated the better.

Okay, fair enough.

But how about market failures? Why don’t they ever talk about that? Because if you read the economics books I cited above, you would come away with the idea that there are no market failures! That, in fact, there is no such thing. That markets, in effect, cannot fail!

If you want to own the successes, you need to own the failures.

Oh, they love, love, love to talk about central planning’s “failures”. They can’t get enough of that. They love to talk about empty shelves in the Soviet Union, long lines at supermarkets, the lack of toilet paper in Venezuela (amusingly, now a problem throughout the capitalist world), and the allegedly long waiting times in “socialized medicine” countries. We are constantly subjected to that drumbeat day after day after day. It’s part of every economics 101 course. Central planning doesn’t work. Central planning is inefficient. Central planning is “tyranny.”

But what about all that stuff I cited above?

Where are all the free-market fundamentalists now?

What is their excuse?

They’ll use special pleading. They’ll argue that it’s exceptional circumstances. That no one could have foreseen a “black swan” event like the global Covid-19 pandemic (despite numerous experts warning about it for years). They’ll tell us that markets work just fine under “normal” circumstances. They’ll say we cannot pass any kind of judgement on the failings of markets during such an unusual event.

Here’s why that argument is bullshit:

Pandemics are a real, and recurring phenomenon in human history. We’ve been incredibly fortunate that we’ve been in rare and atypical hundred-year period from 1918-1919 to today without a global pandemic or novel disease we couldn’t quickly contain and/or eradicate.

But pandemics are always—and always have always been—a societal threat, even if we’ve forgotten that fact. And the experts tell us that there will be a lot more of them in our future, with population overshoot, environmental destruction, encroachment on formerly unoccupied lands and climate change proceeding apace. What that means is this:

If your economic system can’t function properly during a pandemic, then your economic system is shit.

If your economic system only works when conditions are ideal, in fact depends upon conditions being ideal, then, your economic system doesn’t really work at all. If something like a pandemic causes it to seize up and fail, then your economic system is poorly designed and doesn’t work very well. Not only do the free markets graphed on economists’ chalkboards not exist in anywhere the real world, they apparently rely on a blissful Eden-like Arcadia to function as intended—a situation any causal glance at human history tells us is highly unusual. Any disruption and they fall like dominoes. They are about as resilient as tissue paper.

And the stresses are only going to get worse in the years ahead, with climate change making some areas uninhabitably hot, while other places are submerged under rising sea levels. And that’s before we get to the typical natural disasters like volcanic eruptions, tsunamis and earthquakes. And there will be new novel plant diseases as well, unfolding against the increasing resistance of germs to antibiotics.

Will the free market fundamentalists and libertarian market cheerleaders acknowledge this???

Don’t hold your breath.

No, they will continue to lionize “private initiative” at every opportunity, while completely ignoring the stuff I opened this post with. They’ll sweep it under the rug or, more likely, simply handwave it away. They’ll continue to say that we need to scale back government regulation and interference and let the invisible hand sort it all out.

Because discipline of modern economics as practiced today is not a science. It may not even rise to the level of a pseudoscience. It’s PR for laissez-faire capitalism.

Of course, we’ve had market failures before. They occurred all throughout the nineteenth century and during Great Depression, for example. These are well-documented. But many of the things that came out of those bygone market failures to prevent or mitigate them have been systematically and deliberately dismantled over the past generation due to rise of neoliberalism.

And now we’re paying the price.

Karl Polanyi made an important distinction between markets and Market Society. Markets are where people come together to buy, sell, and exchange surplus goods. These have existed throughout history. They are tangential to society; embedded in something larger than it. Such markets can be shut down without causing an existential threat to civilization.

But Market Society is dependent upon impersonal forces of supply and demand and functioning markets for absolutely everything in the society, from jobs to food to health care. Everything is oriented around maximizing private profits, and not human needs. Markets failing to function adequately lead to unemployment, sickness, starvation and death. Shutting them down is an existential threat to civilization.

As Dmitry Orlov wrote in his best-known work, the Russians survived the collapse of the Soviet Union precisely because they didn’t rely on the Market.

Naturalizing markets in this way is an abdication of both causal and moral responsibility for famines, a way to avoid reality and the ethical consequences for people in a position to change things. Markets are not given; they are predicated on a host of laws and social conventions that can, if the need arises, be changed. It makes no sense for American farmers to destroy produce they can’t sell while food banks are struggling to keep up with demand. This kind of thinking is a way for powerful people to outsource ethical choices to the market, but the market has no conscience.

Famine Is a Choice (Slate)

Now, to be clear I’m not necessarily making an argument for or against central planning as opposed to markets. That’s a different discussion.

But my core point is simply this: you cannot discuss market successes without discussing market failures. To do so is intellectually dishonest, disingenuous, and not to mention incredibly dangerous and irresponsible. If economics were a real science, instead of just PR for capitalism, it would take a look at the things I described above, and figure out ways they could have been avoided, regardless of any preconceived ideology or assumptions about the “right” way to arrange a society, or assumptions about how things “should” work. It would seek out ways for society to become, in Nassim Taleb’s terminology, “antifragile.”

But don’t hold your breath for that, either.

Did neocon cancel queen Bari Weiss stage her NY Times resignation to fuel her career?

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A closer look at the events surrounding Bari Weiss’ resignation suggests she omitted some critical details about her toxic presence inside the paper, and may have staged her resignation to drum up publicity for her next move.

By Max Blumenthal and Ben Norton

Source: The Grayzone

Neoconservative New York Times columnist Bari Weiss quit the newspaper on July 14. In a resignation letter published on her personal website, the pundit lamented a supposed “illiberal environment” at the publication in which Weiss’ colleagues mocked her right-wing views, supposedly called her “a Nazi and a racist,” and branded her a “liar and a bigot.”

Weiss’ unexpected departure came days after the hawkish columnist signed a letter in Harper’s Magazine lamenting an “intolerance of opposing views” and demanding an “open debate” in the US media.

The signatories complaining of a “censoriousness” environment included architects of disastrous US military interventions, anti-Palestinian fanatics, and some of the most powerful people in the media, including many who have spent decades censoring anyone to the left of them – and even attempting to cancel entire countries.

But there may have been more to Weiss’ dramatic resignation than her revulsion with the “illiberal” culture of a paper that had recruited her and several neocon allies. A closer look at the events surrounding her departure suggests she likely omitted some critical details about her toxic presence inside the paper, and may have staged her resignation to drum up publicity for her next move.

A neocon network rises inside the Times, embarrassment and outrage ensues

Back on June 3, neoconservative Sen. Tom Cotton published an op-ed in the New York Times calling for the US military to crack down on Americans protesting lethal police violence. The decision to publish the editorial touched off outrage among Times staff, with many demanding to know how such a fascistic piece made it into print.

It turned out that the staffer who edited the piece, Adam Rubenstein, was a card-carrying neocon hired by the Times in early 2019. Rubenstein was a former editor for the now-defunct Weekly Standard founded by William Kristol – the neocon leader responsible for rustling up pro-Israel money to support Cotton’s electoral ambitions.

New York Times staff claimed that the Cotton op-ed “was edited” by Rubenstein and other staffers “had not been aware of the article before it was published.”

The editorial disaster prompted the dismissal of op-ed page editor James Bennet, who had initially defended running Cotton’s screed.

Before joining the Weekly Standard, Rubenstein was a pro-Israel activist at Kenyon College who once attempted to cancel an appearance by the Palestian poet Remi Kanazi on the grounds that Kanazi was “part of a focus-grouped and incubated hatred.”

Rubenstein’s hiring by the Times complimented its hiring of Bari Weiss and fellow anti-Palestinian bigot Bret Stephens in 2017. In her resignation letter, Weiss acknowledged, “I was hired with the goal of bringing in voices that would not otherwise appear in [the Times’] pages: first-time writers, centrists, conservatives.”

In 2018, Weiss and Stephens responded to a critic who had called them “Zionist fanatics of near-unhinged proportions.” The two retorted: “The word ‘near’ should not have been a part of the sentence. Otherwise, we happily plead guilty as charged.”

When Rubenstein joined them at the paper, he became Weiss’s personal editor. Both Weiss and Stephens had risen to prominence at the op-ed page of the Wall Street Journal, where Rubenstein had also worked as a Robert Bartley Fellow.

In August 2019, Stephens provoked embarrassment for himself and his employers when he fired off an angry email to the employer of a George Washington University professor, David Karpf, who had compared him on Twitter to a bedbug. As Twitter users bombarded Stephens with a wave of ridicule, the NY Times apparently compelled Stephens to delete his Twitter account – but not before he staged a public meltdown in which he compared Karpf to “totalitarian regimes” and Nazis seeking to exterminate Jews.

When the Cotton column calling for a military crackdown on Black Lives Matter ran less than a year later, the Times’ neocon problem finally came to a head.

This June 5, as 300 non-editorial staffers planned a virtual walkout, Times publisher A.G. Sulzberger convened an all-hands meeting. During the question-and-answer session, according to a report by Vice, employees demanded to know “whether Opinion staff editor and writer Bari Weiss would be fired for ‘openly bad mouth[ing] younger news colleagues on a platform where they, because of strict company policy, could not defend themselves’; whether the opinion section had suggested the topic of the op-ed to Cotton; and what the Times would do to help retain and support Black employees.”

Times staff seemed to be pointing a finger at Weiss and her neocon network for soliciting the Cotton op-ed.

When Weiss resigned on July 14, she complained that colleagues “have called me a Nazi and a racist… Several colleagues perceived to be friendly with me were badgered by coworkers.” Yet she failed to acknowledge her apparent role in the Cotton op-ed affair, which was clearly the source of her colleagues’ outrage, painting herself instead as a blameless victim of “illiberal” cancel culture.

On the day that Weiss staged her dramatic self-expulsion, Andrew Sullivan – a center-right political ally of Weiss who has vigorously supported her – resigned from New York Magazine.

Sullivan eventually revealed that he was moving to another publication, and possibly one that had not yet launched.

While Sullivan does not share the Likudnik politics of Weiss, he enjoys some notable institutional and personal links to her political network. As the former editor of The New Republic, Sullivan worked under the direction of the magazine’s fanatically pro-Israel former publisher, Marty Peretz, who has since relocated to Tel Aviv. Peretz’s daughter, Evgenia, published a fawning profile of Weiss in Vanity Fair in April 2019, portraying her as an inspiring new talent who was “genuinely fueled by curiosity, the desire to connect, to cross boundaries and try out new things.”

During the time Sullivan and Peretz ran The New Republic, the magazine was funded by the pro-Israel businessman Roger Hertog. Hertog also plowed his fortune into the Shalem Center to launch a training institute for young pro-Israel pundits in 2002.

Among the first interns to pass through the Shalem training school was a Columbia University student named Bari Weiss. (Weiss’ editor at the NY Times, Rubenstein, had also been involved in the Hertog Foundation).

Whether or not Weiss plans to join Sullivan at a new outlet for disgruntled anti-SJW centrists, the circumstances surrounding her self-expulsion reveal her resignation letter as an insincere whitewash.

Besides the possibility that Weiss’ departure was a PR stunt, there is the fact that she has spent a large portion of her adult life working to cancel Palestinian academics and left-wing politicians while howling about the rise of a totalitarian “cancel culture.”

A self-styled free thinker campaigns to silence left-wing dissenters

Before Bari Weiss branded herself as an avatar of free thought, she established herself as the queen of a particular kind of cancel culture. The 36-year-old pundit has dedicated a significant portion of her adult life to destroying the careers of critics of Israel, tarring them as anti-Semites, and carrying out the kind of defamation campaigns that would result in her targets losing their jobs.

The pundit has shown a particular obsession with Palestinian-American scholar Joseph Massad and the New York City-based Palestinian-American activist Linda Sarsour. Other targets have included Keith Ellison, the Minnesota Attorney General who was the first Muslim elected to Congress, and Rep. Tulsi Gabbard, an ardent opponent of US regime change wars.

There is also ample evidence that while at Columbia University, Weiss helped bring down the dean of Columbia’s School of International and Public Affairs, Lisa Anderson, for inviting Iran’s then-President Mahmoud Ahmadenijad to speak on campus. Anderson’s son has pointed to Weiss as a key factor in her resignation:

https://twitter.com/finds_you_well/status/971771300879458304

In her resignation letter, Weiss found space to castigate the Times for publishing an interview with renowned African-American author Alice Walker, whom she casually defamed as “a proud anti-Semite who believes in lizard Illuminati.”

Weiss also flexed her bona fides as a proud neoconservative activist, saying she was “honored” to have given the world’s most prestigious media platform to a slew of regime-change activists from countries targeted by the US national security for overthrow, including Venezuela, Iran, and Hong Kong, along with notorious Islamophobe Ayaan Hirsi Ali and Chloe Valdary – a fellow Israel lobby product who previously worked as an intern for Bret Stephens.

In her three-year career as an editor of the opinion section of the newspaper of record, Weiss devoted a significant chunk of her columns to attacking her left-wing critics, while complaining endlessly of the haters in her Twitter mentions (which is risible given her lamentation in her resignation letter that “Twitter has become [the Times’] ultimate editor”).

In her 2019 book, Weiss condemned the pro-Palestine left as a whole. She insisted the idea that Zionism is a colonialist and racist movement is an anti-Semitic “Soviet conspiracy;” that the UK Labour Party under leader Jeremy Corbyn was a “hub of Jew hatred,” and that “leftist anti-Semites” are “more insidious and perhaps existentially dangerous” than far-right “Hitlerian anti-Semites.”

It is worth reviewing this historical record to show how Cancel Queen Bari Weiss’ apparent change of heart on cancel culture might more appropriately be described as an opportunist career choice.

Bari Weiss’ campaigns to cancel Palestinians Joseph Massad and Linda Sarsour, and Muslim American politician Keith Ellison

In her 2019 book “How to Fight Anti-Semitism,” Weiss revived her condemnations of Massad, whom she first targeted at Columbia University after interning at the Hertog-funded Shalem Center.

Weiss also argued that New York University (NYU) was rife with anti-Semitism. Her proof? An individual student was told some stupid anti-Semitic comments, and — much more disconcertingly for Weiss – “In December 2018, the student government successfully passed a BDS resolution,” and “NYU gave the President’s Service Award, the school’s highest honor, to Students for Justice in Palestine.”

Massad was hardly the only victim of Bari Weiss’ compulsive cancel culture campaigns. The neoconservative pundit wrote an entire New York Times column in 2017 dedicated to trying to cancel Palestinian-American activist Linda Sarsour.

Rapping progressives over the knuckles for purportedly “embracing hate,” Weiss characterized Sarsour as an unhinged anti-Semite because of her criticism of the colonialist Zionist movement, and worked to disrupt the Women’s March, which Sarsour helped to found.

Then in a tag-team cancel campaign with feverishly pro-war CNN host Jake Tapper (who has his own questionable history with racial issues), they portrayed Sarsour as an extremist for expressing support for former Black Panther leader Assata Shakur, whom they jointly demonized as a “cop-killer fugitive in Cuba.”

Next, Weiss turned her sights on the Democratic Attorney General of Minnesota Keith Ellison, claiming in a 2017 column that he had a “long history of defending and working with anti-Semites.”

Bari Weiss attempts to cancel Tulsi Gabbard

Bari Weiss’ cancelation rampage continued without a moment of self-reflection.

In an interview with podcaster Joe Rogan in January 2019, the pundit tried to cancel Hawaii Representative Tulsi Gabbard because of her work advocating against the international proxy war on Syria.

When Rogan mentioned Gabbard’s name, Weiss scoffed that the congresswoman is “monstrous,” smearing her an “Assad toady,” in reference to the Syrian leader Bashar al-Assad. Confused, Rogan asked Weiss what exactly that meant. The bumbling New York Times pundit could not answer, unable to define or even spell the insult.

Bari Weiss claims “leftist anti-Semitism” is worse than “Hitlerian anti-Semitism”

Bari Weiss’ most extreme views on Israel-Palestine and the left can be seen in her 2019 book How to Fight Anti-Semitism. In this tome, the neoconservative writer set out to cancel the pro-Palestinian anti-racist left as a whole by arguing that supposed “leftist anti-Semitism” is more dangerous than “Hitlerian anti-Semitism.”

Weiss wrote:

“Hitlerian anti-Semitism announces its intentions unequivocally. But leftist anti-Semitism, like communism itself, pretends to be the opposition of what it actually is.

“Because of the easy way it can be smuggled into the mainstream and manipulate us – who doesn’t seek justice and progress? who doesn’t want a universal brotherhood of man? – anti-Semitism that originates on the political left is more insidious and perhaps existentially dangerous [than on the right].”

When she says “leftist anti-Semitism,” Weiss almost invariably means progressive criticism of Israeli apartheid, racism, and brutality against the indigenous Palestinian population.

If that wasn’t already obvious, Weiss spelled it out:

“If you want to see the stakes, just look across the pond, where Jeremy Corbyn, an anti-Semite, has successfully transformed one of the country’s great parties into a hub of Jew hatred.

“Corbynism is not confided to the U.K. Right now in America, leftists who share Corbyn’s worldview are building grassroots movements and establishing factions with the Democratic Party that are suspiciously unskeptical of genocidal terrorist groups like Hamas and actively hostile to Jewish power and the state of Israel.”

In her book, Weiss insisted the idea that Zionism is a colonialist and racist movement is the product of a “Soviet conspiracy” spread by USSR in order to destroy Israel. She expressly ignored the words of the father of Zionism himself, Theodor Herzl, who wrote that Zionism “is a colonial idea” and requested help from British colonialists, including colonial master Cecil Rhodes.

“Progressives have, knowingly or unknowingly, embraced the Soviet lie that Israel is a colonialist outpost that should be opposed,” Weiss lamented.

“In the most elite spaces across the country, people declare, unthinkingly, that Israel is a racist state and that Zionism is racism, without realizing that they are participating in a Soviet conspiracy, without realizing that they are aligning themselves with the greatest mass murderers in modern history,” she bemoaned.

Not mincing her words, Weiss concluded, “When anti-Zionism becomes a normative political position, active anti-Semitism becomes the norm.”

With these passages, it became clear that her How to Fight Anti-Semitism was a book-length attempt to cancel anti-Zionists as a whole, by conflating their opposition to Israeli apartheid as anti-Semitism.

Anyone who disputes that Israel is “a political and historical miracle” is secretly a Jew hater, Weiss has argued. She effused, “That I can walk the streets of Tel Aviv today as a feminist woman in a tank top,” she marveled, “that it is a free and liberated society in the middle of the Middle East, is an achievement so great that it is often hard for many people to grasp.”

As with much of the content Weiss produces, her gushing praise for Israel’s supposedly “liberated society” could have been lifted from a propaganda pamphlet distributed on campus by a pro-Israel lobbying outfit. But it was never quality writing or original ideas that won Weiss the attention she sought, and which has virtually ensured she will be “cancelled” into a new, high-profile position in the mainstream commentariat.

 

 

Western Liberal Media Attacks Tanzania’s President John Magufuli For Exposing Covid-19 Tests and Population Control in Africa

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By Timothy Alexander Guzman

Source: Silent Crow News

From the start of the Covid-19 pandemic, Tanzania’s President John ‘The Bulldozer’ Magufuli exposed the fraud behind the Covid-19 testing kits and criticized the mass hysteria in regards to the virus. Several mainstream media networks including Bloomberg News led an attack against Magufuli’s actions regarding how his government has responded to the pandemic. Bloomberg News reporter Antony Sguazzin published ‘Africa’s ‘Bulldozer’ Runs Into Covid-19, Claims God on His Side’, the title itself already mocks Magufuli for mentioning God when it comes to Covid-19, but Sguazzin conveniently bypasses what Magufuli actually said in his article and criticizes him to the point of hostility:

Tanzania’s maverick President John Magufuli has used his strong personality to cow corrupt civil servants and force foreign mining companies to pay millions of dollars in outstanding tax. The coronavirus may be less responsive

What a way for Antony Sguazzin to begin his propaganda piece by calling him the “maverick President”:

Last week, he became the first African leader to declare victory over the virus, even though health data haven’t been released for more than a month. He’s criticized the national laboratory for exaggerating the number of infections, dismissed health experts and discouraged the wearing of masks, all the while saying God will protect Tanzania. Restrictions on social gatherings such as weddings will be lifted from June 29, when schools can reopen

As Squazzin continued his attack by claiming that there were deaths and nighttime burials by health officials in a video published by Al Jazeera that neither confirms or denies the accusations. The video could have been filmed anywhere in the African continent where outbreaks like Ebola and other health crisis have emerged in the past. The US embassy had warned that contracting Covid-19 was “extremely high” in the main city of Dar es Salaam and that hospitals were overwhelmed despite the number of cases being reported by the Tanzanian government at 509 cases and with more than 21 deaths:

But the president’s optimism is belied by reports of deaths and nighttime burials by health officials wearing personal protective equipment. Dozens of Tanzanian truck drivers who had to undergo screening at border posts have tested positive. The U.S. Embassy warned last month that the risk of contracting the virus in the main city, Dar es Salaam, male was “extremely high” and that hospitals were overwhelmed

Sguazzin said that Magufuli’s response to activists who were detained because of their criticism towards his government of how he was handling Covid-19 pandemic was by intimidating the public:

Nicknamed “the bulldozer” for his no-nonsense approach when he was minister of works, Magufuli has made intimidation and bravado a feature of his presidency since assuming office in 2015. His campaign to fight graft — he often fired people while cameras were rolling — earned him widespread praise and elevated his authority within the ruling Chama Cha Mapinduzi party.

Crackdowns on the media and those who poke fun at the government mean that criticism of how Magufuli is handling the outbreak is mostly restricted to social media. Official information is limited and tightly controlled. At least 13 journalists, students and politicians have been detained since March 23 for distributing information about the virus, Tanzania’s Legal and Human Rights Centre said

The 13 journalists, students and politicians who are being held for distributing information about Covid-19 is a human rights issue and extreme to go that far if all allegations are true. Magufuli’s government’s stance on the LGBTQ community is also extreme since they jail people up to 30 years in prison if you are convicted, but unfortunately that’s happens all over Africa and many countries around the world including in the most brutal dictatorship on the planet who is also a friend to the US is Saudi Arabia, where they execute people from the LGBTQ community but that is rarely mentioned in the mainstream media.  Since Magufuli was elected, he has slashed his own salary from $15,000 a month to $4,000 and reduced his government from 30 to 11 ministries. He also cut excessive government spending in various areas including foreign travel by government officials and canceling the World’s AIDs Day in Tanzania and decided to use the funds for AIDS medications. Magufuli also suspended Independence Day in 2015 to declare a national cleanup day to reduce the spread of cholera and to improve the health system in the country. To increase domestic production, it was reported in 2017 that Tanzania banned exporting unprocessed ores for domestic smelting purposes.  Magufuli also amended laws to renegotiate mining contracts or even terminate them if fraud is suspected. It’s apparent that Magufuli is a nationalist. Magufuli has done some bad, but he also has done some good, especially when he exposed Covid-19 testing kits as a fraud. Now the Mainstream media is attacking his policies and what he says concerning the Covid-19 consensus. What angered the West and the mainstream media is not what Magufuli  is claiming about God, it is what he did to prove that the Covid-19 test kits were inaccurate and that’s what Sguazzin forgot to mention.  Magufuli has proved to the world that the covid-19 test kits are a fraud and what the World Health Organization (WHO) and the Centers for Disease Control (CDC) claims are on the dangers of the virus is basically false.  Magufuli explains how he tested the test takers by instructing his country’s security services to send various samples to the Covid-19 testing labs that were not human:

We took samples from goats, we took samples from sheeps, we took samples from Pawpaws, we even took samples from car oil and we took samples from other different things and we took samples to the laboratory without them knowing and we even named all the samples, like the sample from the car oil, we named it Jabil Hamza, 30 years old, male, the results came back negative. When we took the sample from a jackfruit (durian), we named it Sara Samuel, 45 years old, female. the results came back unconclusive. When we took the samples from a Pawpaw, we named it

Elizabeth Ane, 26 years, female, the results from the Pawpaw came back positive, that it has corona. That means the liquid from the pawpaw is positive.” We took samples from (a bird type) called Kware, the results came back positive. We took samples from a rabbit, the results came back undeterminent. We took samples from a goat and the results came back positive. We took samples from a sheep and it came back negative and so on and so on

This is where Magufuli made his point:

So now when you see this, you have taken the samples and say they are humans and the results come back positive that they have corona, that means all the pawpaws should be in isolation also and when you take goat samples and they are also positive, that means all the goats that we have here by assumption or maybe the goat with the sample which was taken should also should also be in isolation. and when you take jackfruit (durian) and it’s also positive that liquid from the jackfruit (durian) which we named it Elizabeth, meaning Elizabeth the Jackfruit (Durian) that means all the Jackfruits (Durian) should be in isolation also so when you notice something like this, you must know there is a dirty game played in these tests

Magufuli also said that the people who work in the laboratories are most likely bought and paid for by special interests:

That there unbelievable things happening in this country, either the laboratory workers in there are bought by people with money, either they are not well educated which isn’t true because this laboratory is used for other diseases, either the samples which are brought in because even the reagents are imported, because even the swambs are also imported, so it’s a must that something is actually going on

Magufuli earned instant criticism from US and European media networks on his leadership with allegations of corruption and human rights abuses considering the imprisonment of journalists, students and politicians who criticized his government. Whether corruption in the Tanzanian government is true or not, many countries in Africa are corrupt with dictatorships. There was also regime change operations backed by Western powers including the US when they gave the CIA the green light to set up the assassination of Zaire’s President Patrice Lamumba in 1961 and in 1966, the CIA overthrew Ghana’s first president under its new independence, Kwame Nkrumah, a pan-Africanist and an anti-imperialist who authored a book titled ‘Neo-Colonialism: The Last Stage of Imperialism’. We must also take into account the centuries old European colonialism since the Portuguese built its trading posts in the late 15th century, followed up by US interventions in Africa during the Cold War leading up to the United States Africa Command (AFRICOM) which was created under the George W. Bush regime in 2007.  The US military and intelligence apparatus currently have numerous military bases all over Africa in efforts to stop Chinese and Russian influence and to control the natural resources which has basically put the African continent at a disadvantage in comparison to the rest of the world.  In this case, Magufuli has actually stood up to the powers that be and took a stand for his people.

Western Imperialism Did Not End: Population Control, Birth Control to Experimenting with Dangerous Vaccines

In 2018, liberal media network, CNN headlined with ‘Don’t Use Birth Control, ‘Tanzania’s President Tells Women In The Country’ said that “Tanzania’s President John Magufuli has told women in the East African nation to stop taking birth control pills because the country needs more people, according to local media reports.” Magufuli was quoted in a local newspaper called The Citizen in a public rally saying that “those going for family planning are lazy … they are afraid they will not be able to feed their children. They do not want to work hard to feed a large family and that is why they opt for birth controls and end up with one or two children only.” According to CNN, “he was quoted in a local newspaper, The Citizen, as saying that those advocating for birth control were foreign and had sinister motives.” Which by all means is true.

Magufuli’s understands how the depopulation agenda works. CNN mentions Jacqueline Mahon the representative for Tanzania for the United Nations Population Fund (UNFPA) who was present at the time at least according to The Citizen quoted Magufuli saying that “I have traveled to Europe and I have seen the effects of birth control. In some countries they are now struggling with declining population. They have no labor force.” Then of course, in an old propaganda tactic which CNN loves to use, they criticized the President on other various issues including his stance on how women lawmakers should dress:

In another development, the speaker of the Tanzanian parliament banned female lawmakers from wearing fake nails and eyelashes in parliament.  “With the powers vested in me by the Constitution of the United Republic of Tanzania, I now ban all MPs with false eyelashes and false finger nails from stepping into Parliament,” Job Ndugai said, a day after Magufuli’s comments.  The new rules also ban women MPs from wearing short dresses and jeans. Female visitors to parliament are also expected to adhere to the dress code

In September 2018, the World Economic Forum (WEF) website headlined with ‘Bill Gates has a warning about population growth’ it began with “rapid population growth in some of Africa’s poorest countries could put at risk future progress towards reducing global poverty and improving health, according to a report by the philanthropic foundation of Bill Gates.” The site quoted what Gates had told reporters  “population growth in Africa is a challenge.” WEF article mentioned what the Bill and Melinda Gates foundation’s own report had discovered in their research and it “found that poverty in Africa is increasingly concentrated in a few countries, which also have among the fastest-growing populations in the world.” The report claimed that “by 2050, it projected, more than 40 percent of world’s extremely poor people will live in just two countries: Democratic Republic of the Congo and Nigeria.” Gates was asked about growing populations and an increase of poverty in Africa and he said that access to birth control combined with investments in health and education for the younger generation was necessary. Gates said that “the biggest things are the modern tools of contraception” and “If you have those things available then people have more control over being able to space their children.”

Forbes magazine recently published ‘Bill And Melinda Gates Have Sharp Words For U.S.’ Lack Of Leadership Role In Fighting Pandemic’ on a virtual Forbes philanthropy summit with the genocidal power couple, Melinda Gates spoke on who should get the vaccines first, and they are black and the indigenous people:

There are 60 million healthcare workers [around the world]. They deserve to get the vaccine first, they’re the ones dealing with this on the front lines, trying to keep us all safe. And then you have to start to tier from there, based on the countries and the populations. Here in the United States, it’s going to be Black people who really should get it first and many indigenous people, as well as people with underlying symptoms, and then elderly people 

In other words, black and the indigenous people will be guinea pigs once again. Forbes also reported that “The couple, whose Bill and Melinda Gates Foundation has committed more than $350 million to fight the coronavirus, plans to utilize two nonprofits—The Global Fund To Fight AIDS, Tuberculosis and Malaria, and Gavi, the Vaccine Alliance—to help equitably distribute therapeutics and vaccines to developing countries.”  There is good news in regards to Africa as Fox news reported about the Covid-19 vaccine trials in South Africa ‘Protest versus Africa’s 1st COVID-19 vaccine test shows fear’ said that “Protesters against Africa’s first COVID-19 vaccine trial burned their face masks Wednesday as experts note a worrying level of resistance and misinformation around testing on the continent” and that the “Anti-vaccine sentiment in Africa is “the worst I’ve ever seen,” the CEO of the GAVI vaccine alliance, Seth Berkley, told an African Union vaccine conference last week.” The Fox news report explains why the African people is concerned:

But the small band of demonstrators who gathered Wednesday at the University of the Witwatersrand, where the trial is based, reflect long-running fears among some in Africa over testing drugs on people who don’t understand the risks.

“The people chosen as volunteers for the vaccination, they look as if they’re from poor backgrounds, not qualified enough to understand” protest organizer Phapano Phasha told The Associated Press ahead of the event. “We believe they are manipulating the vulnerable”

The report also mentioned the controversial French doctor, Jean-Paul Mira, head of intensive care at Cochin hospital in Paris said “If I can be provocative, shouldn’t we be doing this study in Africa, where there are no masks, no treatments, no resuscitation?” comparing the corona virus to previous AIDS studies: “In prostitutes, we try things because we know that they are highly exposed and that they do not protect themselves.” The imperial mentality by the west to control Africa’s population growth and to test Africans with vaccines has been proven time and time again to be dangerous and problematic for the African people.  Tanzania’s president John Magufuli has helped expose Western intentions in Africa especially when it comes to the Covid-19 testing kits giving false positive results.  The mainstream media quickly criticizes those who do not follow Western instituted depopulation programs from the US and Europe such as Magufuli who actually did something right in the face of Covid-19 hysteria. Magufuli is now the subject of Western media criticism and mockery not because he mentioned God, it’s because he is not following the program, it’s pretty obvious at this point.

Remdesivir for Covid-19: $1.6 Billion for a “Modestly Beneficial” Drug?

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By Elizabeth Woodworth

Source: Global Research

The U.S. Department of Health and Human Services has recently “bought” all of Gilead Science’s Remdesivir for $1.6 billion. “500,000 doses at $3,200 per patient – to be available to American hospitals but not for other countries”[6] 

That’s $1.6 billion tax dollars for a virtually untested drug showing only marginal efficacy in the hospital setting.

How could such a thing happen?

Introduction

If you believe an urgent call from the Yale School of Public Health that was recently published in the American Journal of Epidemiology— the top epidemiology journal in America — hydroxychloroquine (HCQ) + azithromycin is the quickest and most effective way to halt the Covid-19 pandemic.[1]

According to this Yale statement, hydroxychloroquine – a cheap, natural anti-malarial tree-bark known as quinine for 400 years – is highly effective during Phase 1 of Covid-19, while the virus is loading into the body.

As the first line of defense, it should be immediately, freely, and widely available to symptomatic high-risk patients – through doctors’ offices, outpatient clinics, and hospitals across the land.

Indeed, under the directorship of Dr. Anthony Fauci, a National Institute of Allergy and Infectious Diseases (NIAID) a clinical trial had been launched on May 14 to look into it.[2]

The HCQ + azithromycin protocol is being used successfully by France’s top, award-winning microbiologist, Dr. Didier Raoult.  He is director of the Infectious and Tropical Emergent Diseases Research Unit in Marseille (Institut Hospitalo-Universitaire) (IHU), with 200 staff.  Raoult, now almost a celebrity in France, has recently published his protocol and results, showing an overall 1.1% case fatality rate.[3]

The same protocol has also been highly successful in China, India, Senegal, and Brazil.[4]

So why suddenly is the U.S. government and the media ignoring recommendations from these top specialists,[5] and waiting, instead, until people get very sick and hospitalized to treat them with the relatively untested drug, Remdesivir, which is administered intravenously?

Why has the U.S. Department of Health and Human Services just bought up all the Remdesivir it could order – 500,000 doses at $3,200 per patient – to be available to American hospitals but not for other countries?[6]

To put Remdesivir’s cost in perspective, the CDC reports that the flu vaccine costs from $12-$18 a dose.[7]

The government, in order to justify its mind-boggling price, would need to show exceptional efficacy in saving lives. Efficacy, that is, once the disease has been allowed, through failure to use the HCQ + azithromycinearly preventive approach, to advance to Phase 2 (the dangerous inflammatory period) and Phase 3 (ICU ventilator intubation, often leading to death).[8]

What do studies say about the efficacy of remdesivir?

There are three main studies that have examined remdesivir as a treatment for Covid-19:

  1. The first, a study of seriously ill patients, was originally reported in the New England Journal of Medicine on April 10, 2020. Treated with “compassionate-use” remdesivir, clinical improvement was observed in 36 of 53 patients (68%).

The article was co-authored by 56 people, some of whom were on the staff of remdesivir’s producer, Gilead Sciences.[9] The study was funded by Gilead, and writing assistance was provided by David McNeel, also of Gilead.[10]

The following day, April 11, the Science Media Centre published expert reactions to the compassionate study from five British university professors. These assessments were not encouraging: “the research doesn’t prove anything at this point;” “the data is almost uninterpretable;” the research should be treated “with extreme caution.”[11]

  1. A Wuhan, China randomized, double-blind, placebo-controlled trial of 237 patients was accidentally leaked by the World Health Organization and published in The Lancet. It showed no statistically significant clinical benefits from remdesivir:

“The antiviral medicine remdesivir from Gilead Sciences failed to speed the improvement of patients with Covid-19 or prevent them from dying, according to results from a long-awaited clinical trial conducted in China.” [12]

This Lancet study also found that some 14% of patients in the treatment group died after 28 days, compared to 13% in the group that did not receive the treatment.

And it further reported that “remdesivir was stopped early because of adverse events in 18 (12%) patients versus four (5%) patients who stopped placebo early.”[13]

  1. The preliminary results of a NIAID remdesivir trial of 1063 patients showed a “modest” benefit in a controlled clinical trial:

“The infected people who received remdesivir, an experimental drug made by Gilead Sciences that cripples an enzyme several viruses use to copy their RNA, recovered in an average of 11 days versus 15 in patients who received a placebo. ‘Although a 31% improvement doesn’t seem like a knockout, 100% [success], it is a very important proof of concept,’ said Anthony Fauci, head of the National Institute of Allergy and Infectious Diseases (NIAID).”[14]

Health Policy Watch reported that “the death rate was 8% in the group that received remdesivir compared to 11.6% in the control group, although this result was not statistically significant.” Dr. Fauci told reporters that “what [this trial] has proven is that a drug can block the virus.”[15]

The excerpt below from a June 24 article in the British Medical Journal assesses the problems in the foregoing studies. (One of the four co-authors, Fiona Godlee, is the editor-in-chief of the BMJ):

“A serious imbalance in covid-19 research strongly favours the study of drug treatments over non-drug interventions, with many studies too small or too weak to produce reliable results.  Equally concerning is the release of partial or preliminary findings before peer review—often through commercial press releases—that is distorting public perceptions, ongoing evaluations efforts, and political responses to the pandemic.

Remdesivir is a key example. The antiviral drug, made by US company Gilead, was unapproved at the start of the pandemic, but in early April the New England Journal of Medicine published a small descriptive study of a compassionate use scheme for patients with covid-19. Gilead funded the study, a third of the authors were Gilead employees, and Gilead’s press release reported “clinical improvement in 68% of patients in this limited dataset.”  Despite being a non-randomised, uncontrolled, company funded study of just 53 patients, media headlines described “hopeful” signs and reported “two thirds” of patients showing improvement.[16]

Two weeks later, the Lancet published a randomised placebo controlled trial of remdesivir from China, finding no statistically significant clinical benefit in the primary outcome of time to clinical improvement. Twelve per cent of participants taking remdesivir stopped treatment early because of adverse events, compared with 5% taking placebo. The trial was stopped before meeting recruitment targets.”[17]

To summarize, the only study demonstrating even marginal efficacy for remdesivir shows it to reduce hospital recovery times 31%, from 15 days to 11 days.

What is the justification for spending $3,200 tax dollars per Covid-19 patient to save four days in hospital, unless it is to shorten hospital stays, thereby saving the average U.S. bed cost of approximately $2000 per day, while delaying hospital saturation that could leave some people untreated to die?

Leaving people untreated to die could cause civil unrest, which may be the covert political reason for spending the $1.6 billion.

None of the studies mention side effects of the drug. In the China study, kidney injury led to discontinuation for one patient, and in its use for ebola, liver risks were identified.[18]

How much does it cost to produce remdesivir?

The Institute for Clinical and Economic Review (ICER) is a non-profit organization seeking to improve healthcare value through clinical and cost-effective analyses.[19]

In a May 1, 2020 study, the ICER calculated that the cost of producing the remdesivir “final finished product,” including the pharmaceutical ingredients, formulation, packaging, and a small profit margin, was $9.32 US for a 10-day course of treatment.  They rounded this up to $10.[20]

Dr. Fauci’s NIAID Clinical Trial Evaluating Hydroxychloroquine and Azithromycin Closes Early

On June 20, 2020, nine days before the Department of Health and Human Services announced its $1.6 billion purchase of remdesivir on June 29, its NIAID branch closed a clinical trial that had been launched May 14 to investigate whether the inexpensive combination, hydroxychloroquine plus azithromycin, might be an effective treatment when given early in the course of the disease.[21]

The Department of Health and Human Services knew that hydroxychloroquine (aka chloroquine) was effective against coronavirus because chloroquine was tested against the SARS-1 virus during the outbreak in 2002. This work was written up in 2005, under the auspices of the U.S. Centers for Disease Control in Atlanta, which reports to the Department of Human Health and Services.[22]

Truth, as the saying goes, is stranger than fiction.

Who was responsible for this debacle?

Dr. Fauci has served in the National Institutes of Health under six presidents.

Were these bizarre decisions carried out under his authority? Or were they forced upon him from higher up?  Or has he become a victim of regulatory capture[23] by the drug industry?

Whatever the answer, this unprecedented fleecing of the American public should have been shouted from the rooftops, had there been a functioning US media.

*

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Notes

[1] Harvey A. Risch, “Early Outpatient Treatment of Symptomatic, High-Risk Covid-19 Patients that Should be Ramped-Up Immediately as Key to the Pandemic Crisis,” Amer. J. Epid, 27 May 2020 (https://academic.oup.com/aje/advance-article/doi/10.1093/aje/kwaa093/5847586). Risch is Professor at the Yale Schools of both Medicine and Public Health.

[2] National Institute of Allergy and Infectious Diseases, “NIH Begins Clinical Trial of Hydroxychloroquine and Azithromycin to Treat COVID-19,” 14 May 2020 (https://www.niaid.nih.gov/news-events/nih-begins-clinical-trial-hydroxychloroquine-and-azithromycin-treat-covid-19).

[3] Jean-Christophe Lagier, et al, “Outcomes of 3,737 COVID-19 patients treated with hydroxychloroquine/azithromycin and other regimens in Marseille, France: A retrospective analysis,” Travel Medicine and Infectious Disease, 25 June 2020 (https://www.sciencedirect.com/science/article/pii/S1477893920302817). Rault has 2,300 indexed medical journals in print.

[4] The group “COVEXIT.com – News About Hydroxychloroquine & Other COVID-19 Treatments,” was founded March 29, 2020 by Jean-Pierre Kiekens. It keeps daily track of successful Covid treatments worldwide (https://www.facebook.com/groups/covexit)

[5] Elizabeth Woodworth, “The Media Sabotage of Hydroxychloroquine Use for COVID-19: Doctors Worldwide Protest the Disaster,” Global Research, 30 June 2020 (https://www.globalresearch.ca/media-sabotage-hydroxychloroquine-covid-19-doctors-worldwide-protest-disaster/5717382).

[6] US Department of Health and Human Services, “Trump Administration Secures New Supplies of Remdesivir for the United States,” June 29, 2010 (https://www.hhs.gov/about/news/2020/06/29/trump-administration-secures-new-supplies-remdesivir-united-states.html).

[7] Centers for Disease Control and Prevention, Vaccines for Children Program, “CDC Vaccine Price List,” updated 1 July 2020 (https://www.cdc.gov/vaccines/programs/vfc/awardees/vaccine-management/price-list/index.html#adflu).

[8] Dr. Raoult identified the three stages of Covid-19 while treating 3,737 patients with HCQ+azithromycin at his own clinic: “At the first viral stage, one must give medicines against the virus, in the second inflammatory phase, one needs to give medications against that [inflammatory] reaction, and then in the third phase, it’s work to be done in intensive care units.” Summarized from Didier Raoult, at: “The Marx Brothers are Doing Science: the Example of RECOVERY,” 9 June 2020 (http://covexit.com/professor-raoult-compares-the-oxford-recovery-trial-academics-to-the-marx-brothers/).

[9] Jonathan Grein, and 55 other authors, “Compassionate Use of Remdesivir for Patients with Severe Covid-19,” New England Journal of Medicine, 11 June 2020 (https://www.nejm.org/doi/full/10.1056/NEJMoa2007016), “Editor’s Note: This article was published on April 10, 2020, at NEJM.org.”

[10] Jason D. Goldman, et al., “Remdesivir for 5 or 10 days in Patients with Severe Covid,” New England Journal of Medicine, no date in header (https://www.nejm.org/doi/pdf/10.1056/NEJMoa2015301?articleTools=true). Sidebar:“This article was published on May 27, 2020, at NEJM.org.”

[11] Prof. Duncan Richards et al., “Expert reaction to a study about compassionate use of remdesivir for patients with severe COVID-19,” Science Media Centre, 11 April 2020 (https://www.sciencemediacentre.org/expert-reaction-to-a-study-about-compassionate-use-of-remdesivir-for-patients-with-severe-covid-19/).

[12] Ed Silverman, et al, “New data on Gilead’s remdesivir, released by accident, show no benefit for coronavirus patients. Company still sees reason for hope,” StatNews, 23 April 2020 (https://www.statnews.com/2020/04/23/data-on-gileads-remdesivir-released-by-accident-show-no-benefit-for-coronavirus-patients/).

[13] Yeming Wang, et al., “Remdesivir in adults with severe COVID-19: a randomised, double-blind, placebo-controlled, multicentre trial,” The Lancet, 16 May 2020 (original online publication 29 April 2020) (https://www.thelancet.com/journals/lancet/article/PIIS0140-6736(20)31022-9/fulltext).

[14] Jon Cohen, “Large trial yields strongest evidence yet that antiviral drug can help COVID-19 patients,” Science, 29 April 2020 (https://www.sciencemag.org/news/2020/04/large-trial-yields-strongest-evidence-yet-antiviral-drug-can-help-covid-19-patients).

[15] Grace Ren, “Conflicting Remdesivir Trial Results Released; Experts Urge More Research,” Health Policy Watch, 29 April 2020 (https://healthpolicy-watch.news/first-remdesivir-rct-shows-no-significant-clinical-benefit-for-severe-covid-19-patients-but-experts-urge-for-more-research/).

[16] Christopher Rowland, “Gilead’s experimental drug remdesivir shows ‘hopeful’ signs in small group of coronavirus patients,” Washington Post, 10 April 2020 (https://www.washingtonpost.com/business/2020/04/10/gileads-experimental-drug-remdesivir-shows-hopeful-signs-small-group-coronavirus-patients/).

[17] Ray Moynihan et al.,“Commercial influence and covid-19,” BMJ2020;369:m2456 (Published 24 June 2020) (https://www.bmj.com/content/369/bmj.m2456).

[18] Crystal Phend, “Remdesivir Safety Forecast: Watch the Liver, Kidneys,” Medpage Today, 19 May 2020 (https://www.medpagetoday.com/infectiousdisease/covid19/86582).

[19] https://en.wikipedia.org/wiki/Institute_for_Clinical_and_Economic_Review

[20] Melanie D. Whittington and Jonathan B. Campbell, “Alternative Pricing Models for Remdesivir and Other Potential Treatments for COVID-19,” Institute for Clinical and Economic Review, 1 May 2020 (https://icer-review.org/wp-content/uploads/2020/05/ICER-COVID_Initial_Abstract_05012020-3.pdf).

[21] National Institute of Allergy and Infectious Diseases, “BULLETIN—NIH Clinical Trial Evaluating Hydroxychloroquine and Azithromycin for COVID-19 Closes Early,” 20 June 2020 (https://www.niaid.nih.gov/news-events/bulletin-nih-clinical-trial-evaluating-hydroxychloroquine-and-azithromycin-covid-19).

[22] Martin J. Vincent et al., “Chloroquine is a potent inhibitor of SARS coronavirus infection and spread,” Journal of Virology, 22 August 2005 (https://www.ncbi.nlm.nih.gov/pmc/articles/PMC1232869/).

[23] “Regulatory capture is a theory that regulatory agencies may be dominated by the interests they regulate and not by the public interest.” In: Will Kenton, “Regulatory Capture,” Investopedia, 23 October 2019 (https://www.investopedia.com/terms/r/regulatory-capture.asp).