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Lie down with dogs: Billionaire Seth Klarman, pro-Israel Buttigieg backer funds group behind Iowa's disastrous voting app

Billionaire Buttigieg Seth Klarman
Seth Klarman
Behind the app that delayed Iowa's voting results is a dark money operation funded by anti-Bernie Sanders billionaires. Its top donor Seth Klarman is a Buttigieg backer who has dumped money into pro-settler Israel lobby groups.

At the time of publication, 12 hours after voting in the Democratic Party's Iowa caucuses ended, the results have not been announced. The delay in reporting is the result of a failed app developed by a company appropriately named Shadow Inc.

This firm was staffed by Hillary Clinton and Barack Obama campaign veterans and created by a Democratic dark money nonprofit backed by hedge-fund billionaires including Seth Klarman. A prolific funder of pro-settler Israel lobby organizations, Klarman has also contributed directly to Pete Buttigieg's campaign.

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Colosseum

Defiant Trump doubles down in campaign rally-style State of the Union speech, Pelosi stunt delights, embarrasses Democrats

Trump state of the union 2020 pelosi
© Doug Mills/Getty ImagesPresident Trump's State of the Union address February 4, 2020
Teased as "low key," US President Donald Trump's annual address to Congress was anything but, with several unprecedented symbolic gestures and a powerful assertion of American triumphalism that put his critics on the back foot.

Trump did not mention impeachment once in the 90-minute speech on Tuesday evening. Instead, he turned his persuasion skills up to eleven, painting a picture of America with a booming economy and infinite opportunities brought about by his administration, and contrasting that with Democrat proposals such as socialized healthcare and sanctuaries for illegal immigrants.

Amid the standard Trump talking points of tax reform, deregulation, border wall and support for police and immigration enforcement, however, were strategically seeded guests whose stories served to show, not tell, what the president stood for. This is where the usually stodgy SOTU turned into something new and different.

Comment: So Nancy Pelosi attempted to upstage Trump's address by dramatically ripping up her copy of the speech on camera as the president was leaving the podium. As to her reasons? From The Hill:
"He shredded the truth so I shredded his speech," Pelosi told House Democrats during a closed-door caucus meeting, according to sources in the room. Like she did the night before, she called his 90-minute address "a manifesto of mistruths."

"You are supposed to talk about the State of the Union," Pelosi continued, "not the State of your alleged mind."

Trump, Pelosi said, "disrespected" the House chamber and used it as a "backdrop for a reality show... to give a speech that had no connection with reality."

Wednesday's private remarks marked the first time Pelosi had addressed the Tuesday night incident to House Democrats. Pelosi said she had not planned to tear up Trump's speech, but she felt "liberated" when she did so.

"I didn't go in there to tear up the speech, and I didn't even care that he didn't shake my hand. In fact, who cares?" Pelosi told her caucus, according to sources in the room. "But I'm a speed reader, so ... I went like this through the speech. So I knew that it was a pack of lies. I knew it was a pack of lies, but I thought, 'Well, let's see how it goes.'

"About a quarter through it I thought, 'You know - he's selling a bill of goods like a snake oil salesman. We cannot let this stand,'"
Mike Pence commented:


Constitutional lawyer Jonathan Turley said:
"While it has long been a tradition for House speakers to remain stoic and neutral in listening to the address, Pelosi seemed intent on mocking President Trump from behind his back with sophomoric facial grimaces and head shaking, culminating in her ripping up a copy of his address.

Her drop the mic moment will have a lasting impact on the House. While many will celebrate her trolling of the president, she tore up something far more important than a speech. She shredded decades of tradition, decorum, and civility that we need now more than ever. The House speaker is more than a political partisan, particularly when carrying out functions such as the State of the Union address. A president appears in the House as a guest of both chambers of Congress. The House speaker represents not her party or herself but the entirety of the chamber. At that moment, she transcends her political ambitions and loyalties. "
Some saw it as retaliation for an apparent snub of Pelosi's offer to shake hands at the opening of the SOTU. Others saw it as a calculated act planned long in advance. Social media exploded with both outrage and applause:









Rocket

US Space Force conducts first ICBM launch after Moscow warned of threat of renewed arms race

icbm launch
© Airman 1st Class Hanah Abercrombie / US Air Force
The newly-created US Space Force has test-fired a Minuteman III intercontinental ballistic missile (ICBM) for the first time as Russia blasted it for "lowering the bar" on using nuclear weapons.

The unarmed land-based missile was launched from Vandenberg Air Force Base in California shortly after midnight on Wednesday. It was the first such development test since the facility became part of the US Space Force, which was established as an independent military branch in late December. The US previously test-fired a missile of this type in October.

The Minuteman missiles are the key component of the US' land-based nuclear arsenal. The launch was crucial to the work on further "testing and evaluation of the ICBM program, and many space and range programs to come," 30th Operations Group commander Colonel Kris Barcomb said.

Bullseye

Western anti-Russia sanctions proved to be ineffective, France's special envoy says

red square
© Sputnik / Alexei Druzhinin
Europe's economic penalties against Russia have had no impact on the growth of the country's economy, French politician Jean-Pierre Schevenman said, adding that the idea of ​​isolating Russia turned out to be wrong.

Russia has pivoted to Asian countries as a result of the economic sanctions, he said during a meeting of the French Senate Committee on Foreign Affairs, Defense and the Armed Forces.

The country has reoriented its international trade, in particular towards China, the special envoy said, while noting Moscow's trade ties with Japan, Vietnam, Indonesia, India, and Turkey.

Cardboard Box

The Trump plan is just a cover for Israel's final land grab

Palestinian protester
© AFPA Palestinian protester holds a banner with the slogan ‘Down with the Deal of the Century’ in Gaza on 31 January
Israel needed a fresh pretext to justify seizing the last fragments of historic Palestine after the expiry of its Oslo alibi

The Trump "Vision for Peace" will never be implemented - and not because the Palestinians reject it. Prime Minister Benjamin Netanyahu's enthusiastic public embrace of the plan belies the fact that the Israeli right detest it too.


The headlines are that, with US blessing, Israel's dream is about to be realised: it will be able to annex its dozens of illegal settlements in the West Bank and the vast agricultural basin of the Jordan Valley. In return, the Palestinians can have a state on 15 per cent of their homeland.

The real aim

But that is not the real aim of this obviously one-sided "peace" plan. Rather, it is intended as the prelude to something far worse for the Palestinians: the final eradication of the last traces of their political project for national liberation.

US President Donald Trump's plan is neither a blueprint for peace nor a decree from the heart of the US empire. Rather it is a decoy, an enormous red herring created in Tel Aviv and then marketed by Trump's son-in-law, Jared Kushner, the glorified used-car salesman who currently occupies the White House.

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Russian Flag

Russia takes the Syrian endgame a step closer to success

Russian forces in Syria
In the last week of January, US Special Representative for Syria, James Jeffery, traveled to Europe to step up US economic pressure on Syria due to its 'attacks' on Idlib. While it may sound strange why the US would sanction Syria for its resounding successes against al-Qaeda jihadi groups, the fact of the matter is that these rogue groups remain US allies in many ways and even continue to receive 'help' in the form of weapons to sustain their hold of the Syrian territories. As such, whereas Soleimani's killing was meant to disrupt Iranian operations in Iraq and Syria, the recent success of the Syrian forces, in which Soleimani trained fighters took part, showed emphatically that the US has failed once again in its objectives; hence, the new resolve to sanction Syria in order to create difficulties for Syria's allies.

In a press statement given on January 27, Mike Pompeo said that the US is observing "the situation in northwest Syria where the combined forces of Russia, the Iranian regime, Hizballah, and the Assad regime reportedly are conducting a large-scale assault upon the people of Idlib and western Aleppo province", adding further that "The United States is prepared to take the strongest diplomatic and economic actions against the Assad regime and any state or individual that aids its brutal agenda."

While Mike Pompeo could hardly be expected to say anything about the al-Qaeda affiliate groups and how they continue to receive military support, including the made-in-US TOW anti-tank missiles, there is no gainsaying that the US is aiming to reinsert itself violently in Syria when the Syrian forces are inching towards a total reclamation of their country. The US, as it stands, simply doesn't want this to happen, especially because of an Iranian expansion accompanying this victory.

No Entry

White House blocks CNN from pre-State of the Union lunch

cnn sign
One of the news networks President Trump calls "fake news" is reportedly barred from the annual pre-State of the Union lunch.

Anchors from CNN will not be allowed into Tuesday's event, sources told the network.

The off-the-record lunch allows anchors to gain access to the president's state of mind hours before the televised address to the nation. This year's State of the Union comes amid a Senate impeachment trial against Trump that has seen partisan division and resentment grow in both chambers of Congress.

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Chess

Withdraw behind observation points, or Turkey will do what is necessary - Erdogan to Syria

Tayyip Erdogan
© Presidential Press Office / Handout via REUTERSTurkish President Tayyip Erdogan addresses members of his ruling AK Party.
Damascus must withdraw its troops from Turkey's positions in Idlib or face retaliation, President Recep Tayyip Erdogan said, following a deadly clash between the two nations' forces in the jihadist-riddled area.

Things can't continue to go the way they did on Monday, the Turkish president told a party session, referring to clashes between Turkish and Syrian troops in the northwestern Syrian governorate earlier in the week.

The Syrian government will have to pull its troops away from Turkish observation posts in Idlib by the end of the month, Erdogan demanded. He said Turkish troops will force Damascus to retreat if this is not done, deploying the army and warplanes if necessary.

Dollar

Epstein's estate channeled Millions into his Virgin Islands Bank after his death - NYT Report

US Virgin Islands
© AP Photo / Gianfranco Gaglione
Jeffrey Epstein, the late sex offender and suspected child rapist, was a long-time resident of the US Virgin Islands, where he owned two private islands and established some of his businesses, including a bank called Southern Country International.

An obscure bank set up by Jeffrey Epstein in the United States Virgin Islands has received millions of dollars after his death in August 2019, The New York Times reports.

Epstein's bank, Southern Country International, was set up in 2014 as an international banking entity, a structure that does business only with offshore investors.

Wall Street

The scale of the Fed's "repo" market manipulation is truly breathtaking and threatens to destabilize global economy

stock exchange
A five-alarm fire has broken out in a little known, but critically important area of the financial system where high-quality bonds are swapped for cash. The "repo" market, which is short for repurchase agreements, is part of the nondeposit, shadow banking system that remains largely unregulated despite the fact that it was ground zero in the 2008 financial crisis.

On September 17, 2019, the repo market was whipsawed by a sudden spike in short-term interest rates that rose from the Fed's target rate of roughly 2% to an eye-popping 10% in a matter of hours. The incident, that put traders into an immediate frenzy, sent the Fed scrambling for the printing presses where it swiftly rolled-off $75 billion to finance additional short-term loans and to add liquidity to a market badly in need of cash. The Fed's efforts did in fact bring rates back down to the 2% target-range but at great cost to its credibility. Despite repeated assurances that the financial crisis was over, the Fed has resumed pumping $60 billion per month into a market that is liquidity-starved and dangerously out-of-whack. In truth, the only thing preventing another spike in rates followed by an excruciating debt cascade, is the Central Bank's ability to bury the problem under a mountain of freshly-minted dollar bills. Absent that, another cataclysmic crash would be unavoidable. Check out this excerpt from an article from Wall Street on Parade:
"According to the data made available on the public website of the New York Fed, since September 17, 2019 it has funneled a cumulative total of $6.6 trillion to some of the 24 trading houses on Wall Street that are known as its "primary dealers." The giant sum has been sluiced to Wall Street in the form of repurchase agreement (repo) loans without any details being provided to the elected representatives in Congress as to which firms are getting the money or what it's being ultimately used for." ("Fed repos have plowed $6.6 trillion to Wall Street in 4 months", Wall Street on Parade)

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