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Virtual False Flags

Imagine this: you wake up to the blaring of your alarm clock and immediately reach for your smartphone to scroll your Insta feed before getting out of bed. But instead of the usual delightful and informative Instagram posts, today you’re greeted by a “server not found” error. Deciding that it’s too early in the morning to deal with this, you hop in the shower . . . but for some reason Alexa won’t play your Spotify playlist through your bathroom smart speakers. You have to shower in silence like a luddite. Getting frustrated, you head downstairs for breakfast. You prop your iPad up next to you and go to check your email while stuffing your face with your morning bowl of Cheeri-GMOs (now with extra HFCS!) but you’re not getting any new messages. You turn on your smart TV and navigate to YouTube so you can catch up on all the latest news from MSNBC, but all you get is the never ending spiral of the spinning “loading” wheel. Twitter? Down. Facebook? No luck. Reddit? Forget it!…

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French Protesters Set Fire To Central Bank

French Protesters Set Fire To Central Bank

Tyler Durden

Mon, 11/30/2020 – 12:05

One of the recurring questions amid the year’s countless BLM protests and associated riots has been why instead of burning and looting innocent businesses, does the angry mob not target the source of all wealth, income and social inequality – not just in the US but the world – the US central bank, i.e. Federal Reserve (located at 2051 Constitution Ave. NW, Washington, DC 20418 for those wondering).

Yet while US protesters and rioters still need guidance just what buildings to burn down, their French peers are finally catching on.

Over the weekend, tens of thousands of critics of a proposed security law that would restrict the filming of police officers protested across France on Saturday, and officers in Paris who were advised to behave responsibly during the demonstrations repeatedly fired tear gas to disperse rowdy protesters. The controversial Article 24 of the bill seeks to protect police officers from doxing and harassment, and bans filming of cops on duty and sharing their images online with the “intent to harm.”

Civil liberties groups, journalists, and people who have faced police abuse are concerned that the measure will stymie press freedoms and allow police brutality to go undiscovered and unpunished.

“We have to broaden the debate, and by doing that, we say that if there were no police violence, we wouldn’t have to film violent policemen,” Assa Traore, a prominent anti-brutality activist whose brother died in police custody in 2016, told The Associated Press.

At least 46,000 people packed the sprawling Republique plaza and surrounding streets carrying red union flags, French tricolor flags and homemade signs denouncing police violence, demanding media freedom or calling for the resignation of French President Emmanuel Macron or his tough-talking interior minister, Gerald Darmanin.

The crowd included journalists, journalism students, left-wing activists, migrants rights groups and citizens of varied political stripes expressing anger over what they perceive as hardening police tactics in recent years, especially since France’s yellow vest protest movement against economic hardship emerged in 2018.

Violence erupted near the end of the march as small groups of protesters pelted riot police with small rocks and paving stone. The officers retaliated with volleys of tear gas, prompting minor scuffles.

What we found most remarkable is that as rioting escalated, the protesters set fire to the facade of the central bank.

While fire crews reached the central bank building on time, and it did not spontaneously collapse “due to the high temperatures” unlike some other structures, one wonders what happens during the next protest, or the one after. And when will US protesters figure out what the French already have: that burning and looting stores owned by fellow hard-working citizens only exacerbates the inequality. On the other hand, to really make a statement, a couple of Molotov cocktails aimed at the Marriner Eccles building just may attract some attention.

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Pennsylvania bombshell: Biden 99.4% vs. Trump 0.6%

There are landslides and then there are landslides. There are lopsided votes and then there are lopsided votes. There are egregious examples of vote manipulation and then there are really egregious examples of vote manipulation. What surfaced during hearings in Gettysburg, Pennsylvania, on November 25, 2020 may set the standard for electoral outrageousness. An expert testifying to the Pennsylvania Senate flagged a batch of ballots that recorded some 570,000 votes for Joe Biden and only 3,200 for Donald Trump. Yes, you read that correctly. That would equate to Joe Biden bagging 99.4% of that enormous chunk of votes. That one batch alone would have flipped the state to Biden. This bombshell was dropped last Wednesday at the Wyndham Hotel in Gettysburg. The November 25 hearings, which began at 12:30 p.m. and ran for nearly four hours, were convened at the request of Senator Doug Mastriano (R-Adams, Cumberland, Franklin, and York counties). It was sponsored by the Senate Majority…

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Dr. Fauci Finally Confirms That Children Don’t Catch Or Transmit COVID-19 In Large Numbers

Dr. Fauci Finally Confirms That Children Don’t Catch Or Transmit COVID-19 In Large Numbers

Tyler Durden

Mon, 11/30/2020 – 11:45

Authored by Stacey Lennox via PJMedia.com,

Better late than never. Perhaps because he believes Joe Biden will be inaugurated in January, Dr. Fauci is finally admitting that children do not get terribly ill from or transmit COVID-19 in any significant way. Weird, since Switzerland figured this out in AprilDetailed genetic studies in Iceland showed that children were not passing the virus to adults in any significant numbers in June. And German researchers asserted that children could actually act as a brake on transmission within the community.

But good old “follow the science” Fauci was wringing his hands and hedging his bets in the media and during congressional testimony. Most notably, he got into a heated exchange with Senator Rand Paul, who is also a doctor.

Senator Paul correctly noted Sweden’s experience, which never closed their primary schools and did not see a spike in childhood illness. Germany also reopened schools in July with no significant issues. Since the summer, most industrialized countries have reopened schools, and many do not enforce distancing or mask-wearing. But this did not impress Dr. Fauci.

Paul noted the devastating effects of school closures, especially on disadvantaged children. It is only in the next decade that we will understand the impact of all the missed support services on these children. However, we do know many are not logging in for digital learning. Failure rates have also gone up where children only engage in distance learning.

Doctors and other agencies note increases in child abusedepression, and other mental health issues in children. There has also been an uptick in self-harm and suicidal ideation. This, over a respiratory virus with an infection fatality rate (IFR) of 0.13%, according to the WHO, which is very stratified by age and tends to affect the very elderly.

This debate raged on through the summer, when President Trump said reopening schools was a priority. It became gobsmackingly stupid when mayors and governors began to convert public space to daycare centers where children could engage in distance learning. Yet, they would not reopen schools. State leaders who chose to, such as Georgia Governor Brian Kemp and Ron DeSantis in Florida, were widely criticized.

They were also widely covered for a bumpy first week. Then nothing bad happened. So, you really don’t hear about them anymore, likely because these states would blow up the preferred narrative. Your children can’t go to school because Donald Trump is president, basically. A health official in Los Angeles even said the quiet part out loud.

Because Dr. Fauci and other Health Experts™ would not realistically frame the virus’s risk for children, teachers’ unions used the pandemic as cover for their destructive political agenda. In many urban districts, they refused to return unless political demands were met. We also saw just how far left these organizations were when they joined radical protests with the Democratic Socialists of America and other groups. Their list of demands was a cornucopia of dangerous policies, such as defunding the police. Now, one of these radicals will likely lead the Department of Education. Fabulous.

But now that the Very Bad Orange Man is presumed to be leaving office, Dr. Fauci can report what this author and many other outlets have been reporting for months:

Actually, it was what anyone who was paying attention should have expected. By the time the virus ripped through Italy, it was apparent that the elderly and those with preexisting conditions were at the greatest risk. Dr. Birx was communicating that in the earliest briefings. Once the Iceland genetic and German studies came out, it should have been confirmed. As we watched other nations’ experiences, especially those that never closed schools, we could have made reasonable assumptions and moved forward.

But we didn’t. And our children will be paying for years to come in some of the more ridiculous areas of the countryNew York City and Kentucky just closed schools again. Los Angeles has never opened them. One has to wonder what excuse they will use now—or if one is no longer necessary because they believe they won an election.

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Arrests Crime stories Elderly woman shots at drunk driver Intelwars Kaitlyn yontz Local News Nancy blough Warrenton police department

Police arrest elderly woman on weapons charges for reportedly shooting at intoxicated driver who plowed into her back yard — but charge driver with just public intoxication

Authorities arrested a 74-year-old Virginia woman after she reportedly opened fire on a vehicle that allegedly crashed in her back yard, striking her vehicle and her other personal property.

Police charged the driver of the vehicle with public intoxication.

What are the details?

According to a Monday Newsweek report, authorities in Warrenton, Virginia, arrested Nancy Blough after police said she shot at the vehicle of 29-year-old Kaitlyn Yontz on Saturday night.

Yontz, who was reportedly under the influence, was said to have crashed her car in Blough’s yard. Blough, hearing the disturbance, reportedly armed herself, went out onto her property, and opened fire at Yontz’s vehicle as it tried to flee from the scene of the accident.

No one was injured as a result of the incidents.

According to authorities, the elderly woman “fired several shots at the vehicle, striking it as it attempted to leave the area.”

Local station WJLA-TV reported that police charged Yontz with being intoxicated in public. Authorities charged Blough with reckless discharge of a firearm and unlawful discharge of a firearm into an occupied vehicle and held her on a $5,000 secured bond.

Authorities continue to investigate the incident and urge anyone with information to call Detective Michael Gemmell at (540) 347-1107.

What else?

News of Blough’s arrest resulted in mixed reactions on social media.

On WJLA’s Facebook post pertaining to the incident, one social media user wrote, “I took a gun class which discussed ‘fearing for your life’ and this doesn’t warrant shooting at someone. Sorry for you trigger happy folks but it is what it is. A car crashing in your backyard while you are inside isn’t putting your life at risk no matter how scared and surprised you are. Especially not while they are attempting to leave!”

“Stupid OWL … you are not allowed to take the law into your own hands like this … you can only fire your weapon if the intruder is in your house …. not outside, not near, inside … ya’ll trumpets need to go back to school and learn your state, county or city laws,” another user wrote.

Another added, “[S]he’s driving drunk, wreaking havoc & granny gets penalized for trying to protect her property?!?”

“Looters can openly steal, burn, and shoot people protecting their shops and homes, but an old lady protecting her home and car is arrested?” another user observed.

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Thousands forced to flee after Mount Ili Lewotolok volcano erupts in eastern Indonesia

A volcano in eastern Indonesia erupted Sunday, sending a column of ash as high as 4,000 metres into the sky and forcing thousands of people to leave their homes. A volcano in eastern Indonesia erupted Sunday, sending a column of ash as high as 4,000 metres into the sky and forcing thousands of people to leave their homes. Nearly 2,800 people from at least 28 villages fled from the slopes of Mount Ili Lewotolok, which is located on Lembata island of East Nusa Tenggara province, as the volcano began erupting, said Disaster Mitigation Agency spokesperson Raditya Jati. There were no reports of deaths or injuries from the eruption.

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Hungarian official retracts comparing George Soros to Hitler after Jewish community outrage

After facing strong condemnation, a Hungarian commissioner on Sunday begrudgingly retracted an article comparing American-Hungarian billionaire and philanthropist George Soros, a staunch critic of Hungary’s government, to Adolf Hitler and the Nazis. “Europe is George Soros’ gas chamber,” Szilard Demeter, ministerial commissioner and head of the Petofi Literary Museum in Budapest, wrote in an opinion Saturday in the pro-government Origo media outlet. “Poison gas flows from the capsule of a multicultural open society, which is deadly to the European way of life.” The comments drew outrage from Hungary’s Jewish community, including the Unified Hungarian Jewish Congregation, which called the article “tasteless” and “unforgivable.”

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NFL hits New Orleans Saints with massive fine, draft penalty for celebrating without face masks

The New Orleans Saints were hit with a massive fine and costly penalty over the weekend for celebrating their recent win against the Tampa Bay Buccaneers, an NFL South division rival, without face coverings.

What are the details?

Following their dominating 38-3 win over the Buccaneers on Nov. 8, Saints players and the team’s coaching staff allegedly celebrated without wearing face masks. In response, league officials have fined the team a whopping $500,000 and revoked a seventh-round draft pick, according to ESPN.

Videos posted to social media showed numerous players and head coach Sean Payton celebrating postgame in their locker room without masks. Those videos circulated online and apparently caught the attention of league officials.

League sources told ESPN reporter Mike Triplett that the Saints’ discipline was directly in response to the team’s non-masked activity in the locker room after the game.

“It was actions in the video with unmasked players in the locker room after the game,” the source said. “The team also had previous violations and was provided ample warning that further actions would result in escalated discipline.”

Why such a harsh penalty?

The Saints are not the first team to be penalized for violating the NFL’s COVID-19 protocol. The New England Patriots, for example, were tagged with a $350,000 fine for not following league rules after quarterback Cam Newton tested positive for COVID-19 last month, ESPN reported.

However, the Saints are a repeat offender, leading to the more severe penalty.

In fact, the team has already been hit with one COVID-related penalty. Head coach Sean Payton was hit with a $100,000 fine and the team with a $250,000 fine after Payton was caught without a face covering during a game in September.

Nor are the Saints the first NFL team to receive such a stiff fine levied against them for COVID reasons — that distinction belongs to the Las Vegas Raiders.

From USA Today in early November:

After Raiders right tackle Trent Brown tested positive for COVID-19 two weeks ago, the NFL found video evidence that included several players not wearing masks or face shields and not adhering to social distancing on the sidelines, a person with knowledge of the league’s investigation told USA TODAY Sports under the condition of anonymity. The person spoke on condition of anonymity because they were not authorized to reveal details of the probe. The investigation also found that Brown removed the electronic contact tracing device that players and staff members are required to wear as a tool for mitigating spread.

In response, the NFL fined the Raiders $500,000, stripped the franchise of a sixth-round draft pick, and fined head coach Jon Gruden $150,000.

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Rabo: The World Has Broken Down Into “Quantum States”

Rabo: The World Has Broken Down Into “Quantum States”

Tyler Durden

Mon, 11/30/2020 – 11:05

By Michael Every of Rabobank

Let’s start nice and light for a Monday morning. Most readers probably have a passing knowledge of quantum physics: that a “quantum state” is a mathematical entity that provides a probability distribution for the outcomes of each possible measurement on a system; or, in this case, that particles at the quantum level can exist in two different states at once –until measured— at which point they become “fixed” (and in the case of some particles, “entangled”). Think of Schrödinger’s cat or Heisenberg’s indeterminacy.

So? Well, a research paper published in 2019 but suddenly doing the social media rounds in 2020, goes a step beyond this: as the MIT Technology Review put in its headline, A quantum experiment suggests there’s no such thing as objective reality

The article underlines that…

“The idea that observers can ultimately reconcile their measurements of some kind of fundamental reality is based on several assumptions. The first is that universal facts actually exist and that observers can agree on them; [second] is that observers have the freedom to make whatever observations they want; and another is that the choices one observer makes do not influence the choices other observers – an assumption that physicists call locality.….If there is an objective reality that everyone can agree on, then these assumptions all hold.”

That all seems reasonable, right? But the results of the 2019 University of Vienna quantum experiment suggested that one or more of the above assumptions – that there is a reality we can agree on, that we have true freedom of choice, or that what one decides does not influence the decisions of others must be wrong. Pretty head-spinning stuff… unless you have spent any time near social media (slash media?), where all three are demonstrably false.

Yet quantum physicists saying there is no objective reality is perfectly 2020: making a terrible pun, we seem to have some ‘quantum states’ to worry about.

  1. The US election has two ‘winners – at least in the minds of the two main candidates who ran and the majority of the public who voted for them. Opinion polls show a very large number of Republicans believe President Trump when he says he actually won and it was all “rigged”; and the majority of Democrats of course believe former Vice-President Biden as he carries on assembling a provisional cabinet for January – and spraining his ankle playing with a dog. This week should see developments that will make the final outcome more “measured” in the quantum sense: will the Supreme Court or state legislatures prove wild cards?  On which note, I have been arguing for some time that in many senses we are heading back to a more 19th century world: a multi-polar environment of populism, nationalism, mercantilism, neo-imperialism, militarism, etc. In such a polarizing environment between and within countries, why *wouldn’t* US elections echo 19th-century (1824, 1876) templates rather than 2008 or 1980, etc.? There is also a story going round that Trump, if he loses, will hold his own shindig on inauguration day to announce the launch of his campaign for re-election in 2024: that certainly puts us straight into potential 1824 > 1828 territory, something Newt Gingrich has also tweeted about recently. While quantum physics knows as well as markets that past does not predict future, don’t forget the populist Andrew Jackson won in 1828 after claiming he was cheated in 1824.
  2. Brexit also has two (short-term) outcomes: a deal or no deal. It seems that if there is movement on fishing rights, then we get the former; and if there isn’t, then there isn’t: so is it a case of Schrödinger’s fish? Word at time of writing was that things were looking up. (Again, the British tone is all very 19th century, right the way down to the Brits no longer being funny anymore – except inadvertently.)
  3. China’s economy continues to power ahead, with bumper net exports and capital inflows and industrial profits all being recorded: and yet the PBOC just had to inject CNY200bn (USD30bn) in MLF a month ahead of the end of the year to ease liquidity tightness, and that on the back of CNY800bn two weeks ago. Yes, this is gross not net: but why the need for so much PBOC help when everything is going so well? Perhaps because Chinese banks are still trying to repay CNY3.7 trillion of short-term interbank debt and purchase CNY1 trillion of government bonds and repay maturing MLF injections,…and are worrying about SOE bond defaults. Again, everything is going so well though: there just isn’t any cash as a result. Isn’t the most dangerous part of the Heisenberg below the water?

In all three cases, markets decided which way to “measure” these quantum states weeks ago – and without digging down too many levels in detail, let alone to the sub-atomic. Should any outcome start to look indeterminate again, the current halo of market risk-on invincibility may slip.

Other matters, like the assassination of the head of Iran’s nuclear program Fakhrizadeh by a remote-control automatic weapon, and threats of retaliation from Tehran, can more easily be brushed aside by Wall Street, no doubt, after a brief knee-jerk risk-off response (as they were, correctly, back in January when Soleimani was assassinated).

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POLL: What are you most worried about?

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Cases clamp down Coronavirus COVID-19 dark winter Dr. anthony fauci enslaved fear mongering freedom is gone Headline News hospitals Intelwars liars in suits plandemic psyop restricitons scamdemic submission Travel tyranny

Tyrants Warn: “It’s Going To Get WORSE”

The tyrants who want us all to bow to their commands are warning that they are going to clamp down even more on our basic human right to be free. Draconian technocrats like Dr. Anthony Fauci says “it’s going to get worse,” and he’s referring to the restrictions coming to stop the alleged coronavirus cases from spiking.

The warnings continue to come and the fear-mongering keeps ramping up. If these tyrants can get away with another lockdown, they will do it. They continue to warn us of the upcoming “dark winter” and the warnings are coming faster.
The COVID-19 “Dark Winter” PsyOp: Question Everything…
Joe Biden Warns: A “Dark Winter” Is Ahead

Health officials are still trying to panic the masses into submission while making the Sunday talk show rounds. All are propagating a surge of cases that they will blame on us. We should be expected to be enslaved because some of us dared to travel and mix households over the Thanksgiving holiday, according to RT,

Health and Human Services Assistant Secretary Brett Giroir told CNN “this is a really dangerous time for the U.S., noting that 20 percent of all people in hospitals are already Covid-positive and warning that number could be rising fairly soon. Keep in mind, these tyrants lied profusely about the hospitals being overrun last spring.

Fauci did admit that the spread among and from children is not really big at all.He wants bars closed, and schools to remain open.

“If you mitigate the things that you know are causing spread in a very, very profound way, in a robust way, if you bring that down, you will then indirectly and ultimately protect the children in the school, because the community level is determined by how things go across the board,” he added.

The post Tyrants Warn: “It’s Going To Get WORSE” first appeared on SHTF Plan – When It Hits The Fan, Don't Say We Didn't Warn You.

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Anker Items on Sale Big Time Today

Everyone om the TSPC audience should know by now I love Anker.  Solid gear, great price, huge value to price ratio on all the stuff they make.  And they always and I mean always stank behind their gear.  Today they Continue reading →

The post Anker Items on Sale Big Time Today first appeared on The Survival Podcast.

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Watch Live: Trump Lawyers Address Arizona State Legislature On Election Integrity

Watch Live: Trump Lawyers Address Arizona State Legislature On Election Integrity

Tyler Durden

Mon, 11/30/2020 – 10:55

The Arizona State Legislature is scheduled to hold an election integrity hearing this morning that will include President Trump’s lawyers Jenna Ellis and Rudy Giuliani.

Notably, officials are expected to certify the state’s election results today and give Arizona’s 11 electoral votes to President-elect Joe Biden.

Trump’s legal team dropped its lawsuit in Arizona after it was rendered moot, and a state judge threw out a lawsuit filed by the Arizona Republican Party seeking an audit of the votes cast on Election Day, according to CNN. The Trump team has since adjusted its tactics, attempting instead to convince state legislatures to select representatives to the Electoral College that would overturn the results of the election and vote for Trump.

State Rep. Mark Finchem confirmed the hearing on Friday:

After a review of the statistical anomalies, and there are to numbers [sic] to count, affidavits of improper actions, and community outrage that has grown out of what appears to voters to be an attempt to throw the election through a number of fraudulent efforts, we decided as a Members [sic] of the Legislature, and not as members of any specific committee, that we should move forward with a public hearing.”

Watch Live (due to start at 11amET):

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Stocks Slammed As Month-End Selling Accelerates, Yellen Tweets

Stocks Slammed As Month-End Selling Accelerates, Yellen Tweets

Tyler Durden

Mon, 11/30/2020 – 10:46

Today’s selling began as Joe Biden announced his economic team – coincidence?

Janet Yellen – Biden’s nominee for Treasury Secretary – tweeted for the first time:

And stocks tanked…

Additional selling catalysts include major month-end selling, as JPMorgan recently noted.

According to Panigirtzoglou, “if the picture in Figure 1 is a true reflection of how balanced mutual funds have been positioned in recent weeks, then there would be some vulnerability in equity markets in the near term from balanced mutual funds having to sell equities to revert to their 60:40 equity:bond target allocation, either by the end of November or by the end of December at the latest.”

There’s more: according to JPM, the equity rebalancing flow is likely to also be an issue into year or quarter-end, i.e. the end of December, especially if equity markets continue to grind higher into December. This is because of likely negative pending rebalancing by entities that tend to rebalance on a quarterly basis, such as US defined benefit pension plans, Norges Bank, i.e. the Norwegian  oil fund, and the Japanese government pension plan, GPIF.

  • US defined benefit pension plans are a big $7.5tr AUM universe. They tend to rebalance more slowly over 1-2 quarters or so. Assuming they were fully rebalanced at the end of September, and by taking into account the QTD performance of US equities and bonds, JPM believes that the pending equity rebalancing flow by US defined benefit pension plans into the current quarter-end is negative at around -$110bn.

  • By doing the same calculation for Norges Bank, a $1.2tr AUM entity, the bank estimates that the pending equity rebalancing flow by Norges Bank into the current quarter-end is likely negative at around $15bn.

  • A similar calculation for the giant Japanese government pension plan, GPIF, a $1.5tr AUM entity, JPM estimates that the pending equity rebalancing flow by GPIF into the current quarter-end is likely negative at around -$25bn.

In all, Panigirtzoglou echoes Goldman’s month/quarter end year-end selling concerns, writing that he sees “some vulnerability in equity markets in the near term from balanced mutual funds, a $7tr universe, having to sell around $160bn of equities globally to revert to their target 60:40 allocation either by the end of November or by the end of December at the latest.”

Of course, if this is the real catalyst, there is a lot more downside here, but did these massive managers really leave their allocation shift until the last day of the month?

 

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Goldman Sees Oil Rising To $65 In 2021 But Turbulence In The Near-Term

Goldman Sees Oil Rising To $65 In 2021 But Turbulence In The Near-Term

Tyler Durden

Mon, 11/30/2020 – 10:43

As the global economy makes its way through the covid pandemics, the question asked by all economists is when do we return to normal; one asset class that is especially interested in the answer is oil, having suffered tremendous losses in a year when virtually every other asset generated tremendous returns on the back of a liquidity firehose from central banks, even though oil prices did reach their highest post-COVID levels last week, with Brent spot near $48/bbl, supported by encouraging vaccine results as well as rising tensions in the Middle East.

One attempt to answer the question of when oil will “normalize” comes from Goldman commodity strategy Damien Courvalin who wrote overnight that he expects further oil price upside to $65/bbl through 2021 “as the oil market rebalances due to a large vaccine-led demand rebound as well as an only modest non-OPEC supply response.”

Where there is uncertainty is what happens in the next few months: as he adds, “in the short-term, however, the oil market faces spreading lockdowns with demand declining in Europe and the range of infections likely asymmetric to the upside through the winter. We expect this winter wave to generate a 3 mb/d hit to global oil demand, only partially offset by heating, EM and restocking demand, although this demand hit has so far been masked by strong Asian crude buying and restocking.

As such, Goldman expects these “muddied short-term fundamental signals” and the opposite pulls of lockdowns vs. vaccines to keep oil prices volatile in coming weeks. These cross-currents will further complicate OPEC+’s decision this week to delay or implement its scheduled 1.9 mb/d January production increase. Indeed, moments ago the first OPEC meeting closed with no resolution on whether to extend production cuts over objections from UAE and Kazakhstan. Here is Goldman on what happens next:

While we base-case a 3-month delay to prevent a return to a global oil surplus through 1Q21, not all producers appear onboard, with a lack of extension representing $5/bbl downside from current spot levels on our modeling, further contributing to short-term price gyrations.

That said, while spot prices are likely to remain unanchored, Goldman sees crude timespreads as physically bound and screen as too strong relative to still elevated inventory levels, buoyed by recent short-covering financial flows and transient Asian crude buying. The bank therefore expects a pull-back in Brent timespreads, with sustainable backwardation not likely until 2H21:

We therefore recommend taking profit on our long Jun-21 vs. Jun-22 Brent timespread trade recommendation, first recommended on May 1, for a total potential profit of $4.82/bbl (as of market open on Sunday, November 29).

In conclusion, the Goldman strategist who correctly called April’s WTI plunge into negative over a month before it happened, believes “that these winter headwinds are just speed bumps on the path to a tightening oil market, with the winter COVID wave delaying but not derailing the oil market rebalancing, with normalized OECD stocks, OPEC+ spare capacity returning to 1Q20 levels and finally needed shale production growth all occurring by 4Q21.”

The bank’s recommendation: “go long Dec-21 Brent forwards, our preferred expression of oil’s 2021 rally, as well as for producers to wait to hedge.”

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2020 presidential election Intelwars Joe Biden President Donald Trump Rick wilson The Daily Beast United States

Daily Beast editor-at-large goes on warpath in chilling editorial directed against Trump supporters?

Rick Wilson, the Daily Beast‘s editor-at-large, says he and presumably others “won’t forget” and “won’t forgive” what Trump supporters did to America.

In his rant, Wilson also appeared to compare the United States to a cheap hooker that President Donald Trump used and abused.

What are the details?

In a Sunday night editorial tagged “overdue penalties,” Wilson said that it’s simply “not enough to merely enjoy their agony and humiliation” as former Vice President Joe Biden is set to be inaugurated in January 2021.

“It’s not enough to hope they’ll be shamed and correct their behavior,” Wilson added in his short — but very pointed — remarks.

“The dark is rising for Trump’s sycophants, toadies, and enablers,” Wilson wrote. “Their tough-guy acts and f***-your-feelings s***-talk have become a furious whine of complaints and recriminations as a toxic slurry of rage and despair has left a stinging bile in the back of their throats that won’t go away.”

“Trump lost,” he continued, “and they can’t spin their way past it.”

Pointing to the Trump campaign’s election fraud-related lawsuits against various states, Wilson added, “Even as his lawyers are all but chased out of each town where they file their absurd, doomed lawsuits, the true believers still imagine some miracle emerging from the wreckage of Trump’s campaign.”

“The media apparatus that monetized the moronic state of religion of Trumpism is still pumping their slowcoach followers full of stupid, easily disproven lies.”

Wilson then appeared to compare the country to a cheap prostitute in concluding his rantings.

“The Professional Class of Republicans, though, know that the bitter end is here — that their dirty half-decade of personal abnegation and degradation is coming to a sick, sad finale,” he concluded. “It would leave them with a sense of shame if they had any. Most of the GOP, Inc. types long ago lost that sensibility. Still, America is watching them experiencing a combination of fury and humiliation as Trump heads to the door before even dropping the cash on the nightstand.”

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Temperature extremes: Severe fire danger for Australia as November high temperatures smash records

Parts of Australia, including Sydney, sweltered through the hottest November night on record with temperatures likely to stay high on Sunday, prompting authorities to issue a total fire ban. Sydney CBD surpassed 40 degrees Celsius (104 F) on Saturday while swathes of western New South Wales, South Australia and northern Victoria baked through even higher temperatures nearing 45 degrees. Temperatures are expected to cross 40 degrees for a second straight day on Sunday while the Bureau of Meteorology has predicted a five or six-day heatwave for parts of northern New South Wales and southeast Queensland.

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Severe fire danger for Australia as November high temperatures smash records

Parts of Australia, including Sydney, sweltered through the hottest November night on record with temperatures likely to stay high on Sunday, prompting authorities to issue a total fire ban. Sydney CBD surpassed 40 degrees Celsius (104 F) on Saturday while swathes of western New South Wales, South Australia and northern Victoria baked through even higher temperatures nearing 45 degrees. Temperatures are expected to cross 40 degrees for a second straight day on Sunday while the Bureau of Meteorology has predicted a five or six-day heatwave for parts of northern New South Wales and southeast Queensland.

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Intelwars

Baltimore County Schools Closed Monday, Tuesday Due To Ransomware Attack

Baltimore County Schools Closed Monday, Tuesday Due To Ransomware Attack

Tyler Durden

Mon, 11/30/2020 – 10:30

Well, it’s becoming evident in Baltimore, Maryland, that teaching remotely in the pandemic is not sustainable as hackers have hit Baltimore County Public Schools (BCPS) with a ransomware attack, forcing the school system to close schools for Monday and Tuesday, reported CBS Baltimore

“Due to the recent ransomware attack, Baltimore County Public Schools will be closed for students on Monday, November 30, and Tuesday, December 1. BCPS offices will be open and staff will receive additional information about Monday and Tuesday,” BCPS tweeted.

In another post, BCPS said, “this provides much-needed time for our staff to continue working on setting up the instructional platform and to communicate next steps regarding devices. On Mon. and Wed., free student meals will be available at 300+ locations as usual, including all middle and high schools.”

The school system ended the statement by saying, “We understand how challenging this situation is for families and staff, and we thank you for your patience as we work through this crisis. Please note that future daily updates will be available at 5 pm.”

On Friday, the 11 News I-Team reported that Maryland state auditors found significant risks within the BCPS network.

Days before the ransomware attack was discovered, early last week, findings from the Office of Legislative Audits showed BCPS did not properly secure sensitive personal information. 

At the moment, there’s still no source behind the ransomware attack or much money hackers want to restore computer network systems. 

Last month, the public school system in Yazoo County, Mississippi, revealed that it paid upwards of $300k to help recover its network that was overrun by a ransomware incident.

There have been major US hospital systems hit with “paralyzing” ransomware attacks this fall. 

So the real consequence of a school system going offline because of a ransomware attack is that children may not be able to learn for as long as the systems are down – as seen in Baltimore this week.  

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Intelwars Legal Sidney powell Steven Crowder

UPDATE: An overview of Sidney Powell’s lawsuits in Georgia and Michigan

Steven gives an overview of the latest legal developments in Georgia and Michigan and then turns to look at Tucker Carlson’s critique of Sidney Powell’s allegations before the lawsuits were even filed.

Use promo code LWC to save $10 on one year of BlazeTV.

Want more from Steven Crowder?

To enjoy more of Steven’s uncensored late-night comedy that’s actually funny, join Mug Club — the only place for all of Crowder uncensored and on demand.

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Commentaries heroes Intelwars

Hero of the Week: November 30, 2020 – Dr. Roger Hodkinson, MA, MB, FRCPC, FCAP, CEO

Dr Hodkinson is the CEO of Western Medical Assessments, and has been the Company’s Medical Director for over 20 years. He received his general medical degrees from Cambridge University in the UK, and then became a Royal College certified pathologist in Canada (FRCPC) following a residency in Vancouver, BC.

Related reading:

Dr. Roger Hodkinson Bio

Interview on Covid

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Banking Fraud Intelwars

Check Washing

I can’t believe that check washing is still a thing:

“Check washing” is a practice where thieves break into mailboxes (or otherwise steal mail), find envelopes with checks, then use special solvents to remove the information on that check (except for the signature) and then change the payee and the amount to a bank account under their control so that it could be deposited at out-state-banks and oftentimes by a mobile phone.

The article suggests a solution: stop using paper checks.

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Atlanta schools Intelwars Online school Spider-Man Spiderman Spiderman atlanta

Atlanta schools opened for ‘Spider-Man’ filming but not for students

The cast and crew of a major film production is set to return to Atlanta, Georgia, classrooms before Atlanta students.

What are the details?

Despite students still being barred from returning to in-person classes, Atlanta Public Schools granted special permission to Marvel Studios and Sony Pictures to film “Spider-Man” at two local schools — Frederick Douglass High School and Henry W. Grady High School — in January and March, respectively, the Atlanta Journal-Constitution reported.

The district delayed its plans to partially reopen schools for students last month and said that the soonest students may be able to return to classes is January, and that’s not even guaranteed. School buildings were closed and classes were moved fully online more than eight months ago in response to the coronavirus pandemic.

As a part of the pandemic response, the district had also stopped the use of its facilities for film production. But now that policy appears to be changing after the big-name moviemaking companies threw their weight around.

In order to secure the special permission, the production reportedly dangled $50,000 in extra incentives in front of the district. Ian Easterbrook, location manager for the film, described the request as “unique and very time-sensitive” and said that he had “exhausted our normal channels of communication” before reaching out to Superintendent Lisa Herring directly.

“I know that APS is currently not accepting filming applications due to the COVID pandemic, and I know that filming a new movie quickly falls to the bottom of the priority list,” he wrote in an email to the district obtained by the news outlet.

He reportedly added that use of the two schools is “vital to the success of this next film” because the location had already been established in the film’s forerunner, “Spider-Man: Homecoming,” which debuted in 2017.

What else?

The move to allow filming inside the schools before allowing in-person education to resume has upset some parents, according to the Washington Post.

“In person school is not only safe, it’s necessary for learning,” wrote one mother and teacher on Twitter. “Too bad kids don’t generate the millions a movie does, or they’d be back in front of their teacher in a classroom rather than a computer screen.”

A spokesman for the district, Seth Coleman, said that “Spider-Man” is the first film project to receive permission to use its schools for filming since the start of the pandemic. He noted that the request was approved because the schools were used before for the previous move in the series.

In addition to the $50,000 donation, the district will reportedly collect its customary filming fees of $750 a day for setup and tear-down and $2,500 a day for filming, as well as by-the-hour charges for any staff time.

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Intelwars Trends & News

How easy it is to be “dangerous”

Early in the morning around 3am on March 24, 1603, Queen Elizabeth I died after ruling over England for more than four decades.

Her successor was proclaimed only hours later– James Charles Stuart, who at the time was serving as King of Scotland.

James was known as a religious hardliner. He became obsessed with hunting down witches during his reign in Scotland, and even personally supervised the torture and execution of young women who had been accused of witchcraft.

And almost immediately upon being crowned King of England, he issued harsh warnings to anyone who wasn’t strictly following the faith.

England had established its own church back in 1534– known as the Church of England– and James (as the titular head of the Church) made it clear that he would not tolerate any religious dissent.

Yet there was a growing movement of people across England who had become disillusioned with the Church. They believed in the principal tenants of Christianity, but they didn’t believe in the Church’s rituals, politics, or hierarchy.

These people called themselves Separatists, and they were forced to gather and worship in secret.

One large group of separatists was based in the small town of Gainsborough in central England. Coincidentally, one of them was my great-great++ grandfather, a local noblemen who held secret worship services in his home.

They were eventually caught. And in late 1607, the Separatists had to flee England.

This was no small task at the time; emigrating required a special permit, which they were unable to acquire.

But eventually the Separatists were able to sneak into Amsterdam, which had a great deal more freedom. And after gathering people and resources over the next decade, they ultimately hired a ship– the Mayflower– and sailed across the ocean to build a new life for themselves.

I thought of this story when I read a few days ago about various religious groups in the US and United Kingdom being forced to gather in secret to hold worship services.

One group in England congregates in a barn. Another gathers in open fields, the location of which is revealed by SMS only an hour before the services begin.

This sounds like some underground church service in China or North Korea… or the harsh restrictions under King James more than 400 years ago.

As one churchgoer told the Guardian newspaper, “The fact that we have to sneak around to worship God, in fear of criminal prosecution, is alarming.”

It’s similar in the Land of the Free. If you belong to the Catholic church or Jewish faith in states like New York or California, for example, the governor-dictators there have decreed that you are no longer free to worship.

Such is life now in western civilization: you can now be considered a danger to the public for what you believe.

If your faith requires that you gather to worship, you’re considered a danger to public health and subject to arrest–

— unless, of course, you belong to the Holy Church of Black Lives Matter, in which case you are free to burn, assault, loot, and riot your way to salvation, mask-free, with no restrictions whatsoever.

And it’s not just religion.

If you’re one of the tens of millions of people who did not vote for Joe Biden because you have different ideological beliefs, the new ruling political elite considers you an intellectual danger to society.

Not only that, they “have a list” and want to ban you from serving in office, on company boards, and from “polite society”.

Similar hate is reserved for those who express different opinions about social justice issues. For example, if you dare to commit the blasphemy of saying that everyone’s life matters, people will claim to feel ‘unsafe’ around you, i.e. you’re dangerous.

Talented people have been fired for this, or canceled by the Twitter mob. Or had their businesses ruined, or their property torched.

The big tech companies have also resorted to extreme censorship to thwart the free flow of information that they deem, in their sole discretion, to be dangerous.

And we can already see the writing on the wall with regard to Covid vaccines.

There are dozens of vaccines in the works, and a few that have already received provisional approval.

To me, this is also an individual choice: if people want the vaccine, good for them. But there will be countless citizens who have concerns about an unproven vaccine devoid of any long-term studies.

These concerns are completely reasonable. Yet we’re already seeing signs that you’ll be regarded as a public danger if you don’t get vaccinated.

There’s even a term for it already: “vaccine resisters”.

Joe Biden told George Stephanopoulos in last month’s softball Q&A love-fest that “we should be thinking about making [vaccines] mandatory,” though he acknowledged that enforcement would be difficult.

Not really. Enforcement of mandatory vaccination will come down to the private sector closing ranks and refusing to serve anyone who doesn’t get pricked.

Australia’s Qantas Airlines is the first to say that you won’t be able to fly certain routes unless you’re vaccinated. Based on their policy, Australians won’t be able to leave the country without being vaccinated.

The airline industry is notoriously monkey see, monkey do. So it’s likely only a matter of time before Delta, Air Canada, British Airways, etc. follow along.

More importantly, an old Supreme Court precedent from 1905 (Jacobson v. Massachusetts) established clear authority for the state to mandate vaccination, or severely penalize those who refuse.

(“Pro choice” apparently only applies to abortions, not to the Covid vaccine.)

At a minimum, anyone who doesn’t receive a vaccine can at least expect to be ridiculed and shunned by people who you thought were your friends; they’ll say you’re ‘endangering’ them.

Who knew you could be so dangerous without even trying?

But this is the world we’re living in. And as I frequently point out, why it’s so important to have a Plan B.

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