"The growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law’ becomes apparent: most people have nothing to say to each other! By 2005, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine," -- Paul Krugman
Webmaster addition: I decided to post this as Claire and I just got back from Walmart for our Thanksgiving celebrations. The store, however, was already totally steeped in Christmas, even though it is not located here in Santa Claus. I am a huge fan of the traditions of Christmas, but even this level of saturation is too much!
Tim Allen’s new miniseries “The Santa Clauses” dropped on Disney+ this morning, and to mark the occasion, the former “Home Improvement” star is saying that the show is out to put the “Christ” back in Christmas.
This is the eve after a broken election, as broken machines count broken vote tallies, and as broken media “calls” outcomes. Everyone in legacy media is waiting “for AP to call the outcome,” which is sadly hilarious, given that AP has a Memorandum of Understanding that it won’t disclose fully to our Congress, with the news agency Xinhua, the CCP’s chief propaganda arm.
A deadly missile explosion in Przewodow, Poland, has recently raised fears about the possibility of NATO’s direct military involvement in the conflict. As the alliance’s norms provide that an attack on any of its members must be collectively responded to, debates began to arise around the possibility of calling NATO to respond militarily to the bombing on the border. Hours after the investigation began, the Polish and American governments concluded that the missile that hit Przewodow was of Ukrainian origin.
In theory, this conclusion should be enough to discourage any form of NATO hostility to Russia. Either the alliance should unite against Ukraine itself, since it is the perpetrator of the attack, or it should simply refrain from military responses, in case it was proven that the bombing was unintentional. However, the attitude so far has been different: NATO continues to blame Russia, despite the Ukrainian origin of the equipment.
Some analysts believe that NATO’s credibility is being severely affected by this case. The Organization increasingly seems to want to escalate the war at any cost, which is why it would be seeking to attribute responsibility to Russia for something that it evidently cannot be blamed for. This bellicose and extremely irrational anti-Russian position is stronger in the eastern European countries that are part of the alliance, such as Poland itself and the Baltics. These states have embraced the anti-Russian paranoia more fervently than the US itself, which is why they have incessantly clamored for NATO intervention.
This is the opinion, for example, of military expert and former US Marine Corps intelligence officer Scott Ritter, who spoke in an interview about the unjustifiable attempts by these countries to involve NATO in a direct war against Russia:
President Joe Biden’s administration moved to shield Saudi Arabia’s Crown Prince Mohammed bin Salman from a lawsuit on Thursday over his involvement in the murder of Washington Post columnist Jamal Khashoggi.
The UN’s high commissioner for human rights, Volker Türk, has sent an open letter to Twitter’s new owner Elon Musk, asking him to ensure that Twitter respects human rights and monitors hate speech and misinformation.
In the letter, Türk said he was writing with “concern and apprehension about our digital public square and Twitter’s role in it.”
Türk also said that there is a need to monitor hate speech and disinformation, noting that free speech should not be a “free pass.”
“Like all companies, Twitter needs to understand the harms associated with its platform and take steps to address them,” Türk wrote.
“Respect for our shared human rights should set the guardrails for the platform’s use and evolution. In short, I urge you to ensure human rights are central to the management of Twitter under your leadership.”
While everyone is fixated on the disgraced founder of FTX, Sam Bankman-Fried, and his collapsed cryptocurrency exchange, another Silicon Valley fraudster, Theranos CEO Elizabeth Holmes, will be sentenced in a federal courthouse Friday, putting an end to the years-long saga of her phony blood-testing startup.
Holmes' sentencing will take place in a San Jose, California, courtroom where she was convicted earlier this year of three felony counts of wire fraud and one count of conspiracy to commit wire fraud for scamming investors.
Federal prosecutors wrote in court papers ahead of the sentencing hearing that Holmes' crimes are "among the most substantial white-collar offenses Silicon Valley, or any other district, has seen" (wait until SBF's court case...).
We never seem to learn from our mistakes. Just before the financial markets crashed and the economy plunged into a horrifying recession in 2008, U.S. consumers went on a debt binge of epic proportions. Mortgage debt, auto loan debt and credit card debt all skyrocketed, and so when the economy finally crashed all of a sudden there were millions of Americans drowning in bills that they were unable to pay. Well, now it is happening again. According to the Federal Reserve Bank of New York, during the third quarter of 2022 household debt increased at the fastest pace that we have seen since the first quarter of 2008…
Households added $351 billion in overall debt last quarter, taking the total to $16.5 trillion, according to data released by the Federal Reserve Bank of New York on Tuesday. That’s an increase of 8.3% from a year earlier, the most since a 9.1% jump in the first quarter of 2008. The debt figures aren’t adjusted for inflation.
Why is Klaus Schwab at the G20 Summit in Bali, Indonesia? Why is Bill Gates attending G20? Why are those two ennemies of the people participants on the same level as leaders of sovereign countries? Klaus Schwab: “The World Will Look Differently After We Have Gone Through This Transition…”
This is not the first time that Bill Gates has intervened at the G20: he was already present in 2011.
But yesterday, he was accompanied by another prominent guest, the even more globalist Klaus Schwab.
Ahyi undersea volcano likely erupting beneath Pacific Ocean in the Northern Marianas. Via USGS
There are strong indications that an undersea volcano in the Northern Marianas could be in eruption.
For several weeks, scientists of the U.S. Geological Survey (USGS) have been detecting acoustic underwater signals that bear signatures of underwater explosions and were now able to pinpoint their source to the Ahyi seamount, located in the Pacific about 6,100 km (3,800 miles) west of Honolulu.
Giant tsunami engulfs NSW towns as dam spills in Australia causing unprecedented flooding in November 2022. Picture via Youtube video
This insane video shows a “wall of water” bringing devastation to New South Wales towns, with more than 220 people rescued from flooding in the past 24 hours.
It comes as Wyangala Dam spilled record amounts of water, after 100mm rain fell in just a few hours in parts of the NSW Central West. Helicopters and boats were used to carry out over 150 rescues in the inundated town of Eugowra, where people were forced to make for their roofs as floodwaters rose.
The US Department of Treasury has added the names of 13 companies to its Iran sanctions list, accusing them of commercial liaison with the Islamic Republic's energy sector.
The sanctions were announced by the department's Office of Foreign Assets Control (OFAC) on Thursday.
The companies in question, the OFAC announced in a statement on its website, were slapped with the coercive measures for "facilitating the sale of hundreds of millions of dollars’ worth of Iranian petrochemicals and petroleum products to buyers in East Asia."
The targeted entities would function as front companies "on behalf of sanctioned Iranian petrochemical brokers Persian Gulf Petrochemical Industry Commercial Co. (PGPICC) and Triliance Petrochemical Co. Ltd. (Triliance), as well as the National Iranian Oil Company (NIOC) and its marketing arm, Naftiran Intertrade Company Ltd. (NICO)," it added.
The OFAC said the sanctions marked the fifth round of designations targeting Iran’s petroleum and petrochemical trade since June 2022.
The special military operation in Ukraine does not depend on weather conditions, it is continuing and its goals will be achieved, Russian Presidential Spokesman Dmitry Peskov told the media on Thursday.
"The special military operation is continuing, it does not depend on climatic or weather conditions," Peskov said. He added that "its goals must be achieved."
While answering a question about millions of Ukrainian citizens who remained without electric and thermal power supply on November 15 due to combat operations at a time when weather forecasts predicted lower air temperatures, Peskov said that this was a result of strikes on military infrastructure due to Kiev’s reluctance to conduct negotiations with Russia.
The Board of Governors of the International Atomic Energy Agency (IAEA) adopted a resolution that calls on Russia to withdraw its military personnel from the Zaporozhye Nuclear Power Plant (NPP) and to "cease all actions" at nuclear facilities in Ukraine, the Russian permanent mission to international organizations in Vienna said, adding that Russia and China voted against the resolution.
"At the meeting of the IAEA Board of Governors on November 17, 2022 an unprofessionally drafted resolution that goes beyond the agency's mandate and contains factual errors on nuclear safety, nuclear security and safeguards in Ukraine was adopted. This is a further step towards politicizing the work of the IAEA," the Russian mission said on Telegram.
The document was supported by 24 out of 35 countries. Russia and China voted against it. Vietnam, India, Kenya, Namibia, Pakistan, Saudi Arabia, and South Africa abstained. The delegations of Burundi and Libya did not vote.
According to the text of the resolution, the IAEA Board of Governors calls on Russia to "cease all actions" at nuclear facilities in Ukraine.
On Thursday, FBI Director Christopher Wray, along with Secretary of DHS Alejandro Mayorkas, and Director of the National Counterterrorism Center Christine Abizaid, spoke before the Senate Committee on Homeland Security and Governmental Affairs about security threats facing the United States.
Earlier today, several members of the United States Congress, including Kentucky Congressman Thomas Massie and Florida Congressman-elect Cory Mills held a press conference detailing the need for robust oversight and audits of the money sent to Ukraine by the Biden administration.