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Mon, 08 Nov 2021
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Why we're close to an all but guaranteed recession

recession
If something happens seven times in a row, do you think that there is a pretty good chance that it will happen the eighth time too? Immediately prior to the last seven recessions, we have seen an inverted yield curve, and it looks like it is about to happen again for the very first time since the last financial crisis. For those of you that are not familiar with this terminology, when we are talking about a yield curve we are typically talking about the spread between two-year and ten-year U.S. Treasury bond yields. Normally, long-term rates are higher than short-term rates, but when investors get spooked about the economy this can reverse. Just before every single recession since 1960 the yield curve has "inverted", and now we are getting dangerously close to it happening again for the first time in a decade.

On Thursday, the spread between two-year and ten-year Treasuries dropped to just 79 basis points. According to Business Insider, this is almost the tightest that the yield curve has been since 2007...

Info

Donetsk People's Republic: Story untold by Western media

A central street of Donetsk – the Donetsk Palace

A central street of Donetsk – the Donetsk Palace.
My refusal to believe ongoing Western media reports of "Russian aggression" makes me a "Kremlin troll". My punishment for not toeing the "party line" - simple, effective "shunning" by Western media - has not, however, diminished my ongoing commitment to seeing the other side.

Having previously investigated the Crimean reunification with Russia, this May I turned my attention to the birth of two new government formations in Eastern Ukraine, the Donetsk People's Republic (DNR) and the Lugansk People's Republic (LNR). Americans only hear either what Kiev "reports", or the US propaganda machine puts out - these are puppet regimes born of "Russian aggression" and forcibly kept in place by "occupation". Not being a brave "war correspondent", I admittedly undertook my journey with some trepidation - not from fear of "Russian aggression", but the Kiev regime's ongoing shelling of civilian targets.

I am eternally grateful to my newfound colleague Konstantin Dolgov for showing me the sad "Alley of Angels" - a deeply touching memorial to children killed to date by Kiev-regime forces. Further, my virtual contact with Patrick Lancaster, an American journalist who now resides there, and Alexander Sladkov, a Russian correspondent who largely lives there, but, more importantly, "run toward the sound of gunfire" have allowed me to counteract the information-war blockade by Western media.

House

Even Google employees can't afford housing in San Francisco

google building
You load sixteen tons, what do you get
Another day older and deeper in debt
Saint Peter don't you call me 'cause I can't go
I owe my soul to the new Google modular home
Every now and then a story appears in the national media that causes a lightbulb to start flashing incessantly in my head. For me, such a story came to my attention today and relates to how Google is manufacturing housing for some of its employees due to the ridiculous cost of housing in the San Francisco Bay Area.

Quenelle - Golden

Thousands protest in London against alliance of May government with DUP as pressure builds following Grenfell disaster

London protest Tory alignment DUP
© Chris J Ratcliffe / AFP
Thousands of demonstrators gathered outside Downing Street in central London on Saturday to rally against the alliance of Theresa May's government with Northern Ireland's hardline DUP.

Protesters demanded May step aside following the disastrous election campaign of the Conservative Party, which now needs the support of the DUP to guarantee a majority vote in parliament.

The hashtag #MayMustGo trended on social media as thousands of protesters attended the march in central London.

Comment:


Arrow Down

Compelled speech comes to Canada: Citizens using the 'wrong' gender pronoun could be accused of hate crimes

shock
© Shutterstock
Canada passed a law Thursday making it illegal to use the wrong gender pronouns. Critics say that Canadians who do not subscribe to progressive gender theory could be accused of hate crimes, jailed, fined, and made to take anti-bias training.

Canada's Senate passed Bill C-16, which puts "gender identity" and "gender expression" into both the country's Human Rights Code, as well as the hate crime category of its Criminal Code by a vote of 67-11, according to LifeSiteNews. The bill now only needs royal assent from the House of Commons to pass into law.

"Great news," announced Justin Trudeau, Canada's prime minister. "Bill C-16 has passed the Senate - making it illegal to discriminate based on gender identity or expression. #LoveisLove."

Comment: The demise of Western Civilization: "Gender fluidity" as a harbinger for Postmodernist Hell

Oh, Canada... Read it and weep: excerpts from the Ontario Human Rights Commission recommendations on identifying discrimination, upon which Canada's new C-16 law is leveraged:
Discrimination is not always direct and is often hard to detect. The claimant must show on a "balance of probabilities" (more likely than not) that adverse or negative treatment happened. The analysis should be flexible and look at all relevant factors in the situation including circumstantial evidence as well as the full impact on the affected person or group. While there may be evidence of "intent," this is not needed to prove discrimination. Gender identity, gender expression or other protected characteristics need only be one of the factors in the negative treatment for discrimination to exist.

Once prima facie discrimination is established, the burden then shifts to the organization or person responsible to either provide a credible non-discriminatory explanation, or justify the conduct or practice using one of the defences available under the Code.
Many trans people are vulnerable to harassment because of their gender identity and gender expression. Trans people also experience harassment that is sexual in nature (sexual harassment) that may be because of their gender identity, gender expression and/or sex.

Gender-based harassment can involve:
  • Derogatory language toward trans people or trans communities
  • Insults, comments that ridicule, humiliate or demean people because of their gender identity or expression
  • Behaviour that "polices and or reinforces traditional heterosexual gender norms"
  • Refusing to refer to a person by their self-identified name and proper personal pronoun
  • Comments or conduct relating to a perception that a person is not conforming with gender-role stereotypes
  • Jokes related to a person's gender identity or expression including those circulated in writing or by email or social media
  • Spreading rumours about a person's gender identity or expression including through the Internet
  • "Outing" or threatening to "out" someone as trans
  • Intrusive comments, questions or insults about a person's body, physical characteristics, gender-related medical procedures, clothing, mannerisms, or other forms of gender expression
  • Other threats, unwelcome touching, violence and physical assault.



Post-It Note

Assassination list found on James Hodgkinson's body who opened fire on Republican congressmen and staffers

James Hodgkinson
James T. Hodgkinson, the shooter who opened fire on dozens of Republican congressmen and staffers at a baseball practice in Alexandria, Virginia, on Wednesday, had a list of Republican names in his pocket that was recovered by the FBI, The Daily Caller has learned.

The news that the shooter had a list of names suggests the shooting was not a random outburst, but instead appears to be a premeditated political assassination.

The list was written out on notepad paper and found in the shooter's pocket, according to multiple sources with intimate knowledge of the situation, who spoke on condition of anonymity, citing the sensitivity of the investigation. The list of names included Alabama Rep. Mo Brooks, South Carolina Rep. Jeff Duncan and Arizona Rep. Trent Franks, TheDC has confirmed. Fox News reportedafter this story that Ohio Rep. Jim Jordan, Tennessee Rep. Scott DesJarlais and Virginia Rep. Morgan Griffith are also on the list. All six congressmen are members of the House Freedom Caucus, which contains the lower chamber's most conservative members.

The FBI has contacted the congressmen to inform them of their inclusion on the list. Rep. Franks confirmed to Fox News that law enforcement officials have told him he is on the list.

Comment: See also:


Footprints

Woman skips town after abandoning her 4 y.o. with strangers at Atlanta airport

Maranda Hakimi Harvey
© Channel 2 Action News
Police are searching for Maranda Hakimi Harvey who they say abandoned her 4-year-old daughter and left town in a rented white Nissan Versa.
Atlanta police are searching for a woman they say left her 4-year-old daughter with a couple at Hartsfield-Jackson International Airport and left town.

Maranda Hakimi Harvey, 29, of Odenton, Maryland drove from her home and arrived at the airport Thursday evening, Atlanta police Sgt. Warren Pickard said at a news conference. When she got to the airport atrium, Pickard said Harvey left asked a couple to watch her child while she shopped.

Harvey left and never returned. About 7:15 a.m., the couple called police.

"It's very strange," Pickard said. "Who would leave a child with strangers? Even if you're going to shop, it wouldn't be a wise decision."

Comment:




USA

Over 1,000 people protest acquittal of Philando Castile murderer; freeways blocked

Philando Castile protest
© Eric Miller / Reuters
A woman sings in support of Philando Castile during a rally on the capitol steps after a jury found St. Anthony Police Department officer Jeronimo Yanez not guilty of second-degree manslaughter in the death of Castile, in St. Paul, Minnesota, U.S. June 16, 2017.
Protesters have blocked Interstate-94 after taking to the streets across St. Paul, Minnesota, following a jury's verdict that found former St. Anthony police officer Jeronimo Yanez not guilty in the 2016 shooting of motorist Philando Castile.


Police holding wooden batons formed a line to block the crowds protesting on I-94, ordering them to disperse, as heavily armed troops with armored vehicles were positioned nearby. Police have also reportedly closed off the adjacent bridges, leaving the protesters only one way to leave. At least three police buses were reported to have been dispatched.

St. Paul Police have started Facebook live video, showing officers and protesters. No arrests have been made so far, according to police.

Shoe

Former NBA star Dennis Rodman returns from 'really good' trip to North Korea

Ambassador Rodman
© Thomas Peter / Reuters
Former NBA basketball player Dennis Rodman leaves Beijing airport after arriving from North Korea's Pyongyang, China June 17, 2017.
Former NBA star Dennis Rodman has returned from what he described as a "really good" trip to North Korea, though it is unknown if during his fifth visit to the hermit state he met with its leader, Kim Jong-un, who he once called "a friend for life."

"Everybody's going to be happy. It was a good day. It was a good trip. A really good trip," Dennis Rodman said upon his return. Wearing a black T-shirt bearing the PotCoin.com logo - a crypto-currency used by legal marijuana dealers. Rodman appeared at Beijing Capital International Airport on Saturday.

Rodman, 56, did not disclose whether he had met with North Korean ruler Kim Jong-un, who he once called "a friend for life," only saying: "You'll find out."

The retired basketball player said before leaving for Pyongyang last week that his mission was to try to build bridges between the US and the reclusive state.

"That's the main reason why we're going," Rodman said in a video clip posted on his Twitter. "We're trying to bring everything together. If not, at least we tried," he said, adding "we're trying to open doors between both countries."

Comment: See also: N. Korea releases American student Otto Warmbier, now in coma


Pistol

Several US soldiers injured in incident at Afghan military camp

The daycare facility on Camp Shaheen, Mazar-e-Sharif, Afghanistan
© Michael Glasch / Defense video & imagery distribution system
The daycare facility on Camp Shaheen, Mazar-e-Sharif, Afghanistan.
The US has confirmed that several American service members have been injured in Afghanistan. Earlier reports said four US troops were killed in an apparent attack by an Afghan soldier at an Afghan military base.

The US military command in Kabul confirmed that an unspecified number of American soldiers were injured in an incident at a base in northern Afghanistan on Saturday, but denied that there were any fatalities among US service members.

Abdul Qahar Araam, spokesman for the Afghan Army's 209th Corps, said earlier that the Americans were "shot and killed" by an Afghan solider, Reuters reported.