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TOP FINANCIER OF TRUMP AND MCCONNELL IS A DRIVING FORCE BEHIND AMAZON DEFORESTATION

Posted by DanielS on Monday, 09 September 2019 05:03.

TOP FINANCIER OF TRUMP AND MCCONNELL IS A DRIVING FORCE BEHIND AMAZON DEFORESTATION

Ryan Grim, for The Intercept
August 27 2019, 5:53 p.m.
LEIA EM PORTUGUÊS

Blackstone Group CEO Steve Schwarzman nterviewed on Fox Business Network, 27 Apr 2018. Photo: Richard Drew/AP

TWO BRAZILIAN FIRMS owned by a top donor to President Donald Trump and Senate Majority Leader Mitch McConnell are significantly responsible for the ongoing destruction of the Amazon rainforest, carnage that has developed into raging fires that have captivated global attention.

The companies have wrested control of land, deforested it, and helped build a controversial highway to their new terminal in the one-time jungle, all to facilitate the cultivation and export of grain and soybeans. The shipping terminal at Miritituba, deep in the Amazon in the Brazilian state of Pará, allows growers to load soybeans on barges, which will then sail to a larger port before the cargo is shipped around the world.

The Amazon terminal is run by Hidrovias do Brasil, a company that is owned in large part by Blackstone, a major U.S. investment firm. Another Blackstone company, Pátria Investimentos, owns more than 50 percent of Hidrovias, while Blackstone itself directly owns an additional roughly 10 percent stake. Blackstone co-founder and CEO Stephen Schwarzman is a close ally of Trump and has donated millions of dollars to McConnell in recent years.

“Blackstone is committed to responsible environmental stewardship,” the company said in a statement. “This focus and dedication is embedded in every investment decision we make and guides how we conduct ourselves as operators. In this instance, while we do not have operating control, we know the company has made a significant reduction in overall carbon emissions through lower congestion and allowed the more efficient flow of agricultural goods by Brazilian farmers.”

Map: Soohee Cho/The Intercept

The port and the highway have been deeply controversial in Brazil, and were subjects of a 2016 investigation by The Intercept Brasil. Hidrovias announced in early 2016 that it would soon begin exporting soybeans trucked from the state of Mato Grosso along the B.R.-163 highway. The road was largely unpaved at the time, but the company said it planned to continue improving and developing it. In the spring of 2019, the government of Jair Bolsonaro, elected in fall 2018, announced that Hidrovias would partner in the privatization and development of hundreds of miles of the B.R.-163. Developing the roadway itself causes deforestation, but, more importantly, it helps make possible the broader transformation of the Amazon from jungle to farmland.

The roadway, B.R. 163, has had a marked effect on deforestation. After the devastation that began under the military dictatorship and accelerated through the 1970s and ’80s, the rate of deforestation slowed, as a coalition of Indigenous communities and other advocates of sustaining the forest fought back against the encroachment. The progress began turning back in 2014, as political tides shifted right and global commodity prices climbed. Deforestation began to truly spike again after the soft coup that ousted President Dilma Rousseff of the Workers’ Party in 2016. The right-wing government that seized power named soy mogul Blairo Maggi, a former governor of Mato Grosso, as minister of agriculture.

Yet even as deforestation had been slowing prior to the coup, the area around the highway was being destroyed. “Every year between 2004 and 2013 — except 2005 — while deforestation in Amazonia as a whole fell, it increased in the region around the B.R.-163,” the Financial Times reported in September 2017. That sparked pushback from Indigenous defenders of the Amazon. In March, Hidrovias admitted that its business had been slowed by increasing blockades on B.R. 163, as people put their bodies in front of the destruction. Still, the company is pushing forward. Hidrovios recently said that, thanks to heavy investment, it planned to double its grain shipping capacity to 13 million tons.

amazon-destruction-map-1-01-1566850165Map: Soohee Cho/The Intercept
The Amazon, where a record number of fires have been raging, is the world’s largest rainforest. It absorbs a significant amount of carbon dioxide, a major contributor to the climate crisis. The Amazon is so dense in vegetation that it produces something like a fifth of the world’s oxygen supply. The moisture that evaporates from the Amazon is important form farmlands not just in South America, but also in the U.S. Midwest, where it falls to the earth as rain. Protection of the Amazon, 60 percent of which is in Brazil, is crucial to the continued existence of civilization as we know it.

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International, Foreign Interests back 5-Star & Conte to Sideline Salvini’s Ethnonational Position

Posted by DanielS on Thursday, 29 August 2019 05:04.

When this tweet speaks of “the socialist party” it is speaking of a party that would not delimit social accountability to native interests first and foremost.

The sane management of pervasive ecology has been dealt yet another serious blow as a central element, the management of human ecology through the accountability that ethnonationalism provides, has been pushed aside - at least temporarily - by liberal internationalist interests.

Matteo Salvini’s crucially necessary nativist, ethnonationalist anti-immigration platform has been sidelined by a coalition of the 5-Star Party, which is in cahoots with foreign interests and the corporate internationalist sell-out, Giuseppe Conte, reinstalling him as Prime Minister; allowing him to continue his border liberalization policies which are destroying Italy, Italians and European peoples broadly.

Italy’s corrupt Five-Star Movement announced Wednesday that it had made a deal with the Liberal Party to form a coalition government — keeping Prime Minister Giuseppe Conte in place while avoiding elections and ousting the ethnonationalist League led by Matteo Salvini.

Conte’s position was strengthened this week when President Trump, who pretends to share a similar vision on immigration to Salvini, tweeted his support of Conte – calling him a “very talented man who will hopefully remain Prime Minister!”

Showing his true colors form the start, Trump shunned a meeting with Salvini, who was prepared to endorse him as Trump campaigned for the Presidency.

While Salvini was able to gain popular support by broadening his party’s platform from Lega Nord, to one that represents all of Italy, he sought to gain elite support along with the 5-Stars and Conte’s party by joining the ass-kissing of the Kremlin, the Knesset and the Trumpstein agenda.

Salvini might have added Trumpstein, Putin and Netanyahu to the list of people not to trust with native European interests.

And with friends like that, highly practiced in the art of treachery, the message is: lay down with dogs and wake up with fleas.

Rather, wake up sidelined by the truly corrupt - corrupt enough to push aside your crucially necessary anti-immigration, nativist position and sell out your people and their ancient birthright.

Dr. Jörg D. Valentin@drjdvalentin

#RT
@EchoPRN: RT
@BasedPoland: It’s official.

The #FiveStarMovement & the [liberal] party have reached an agreement to form government

Ibid: #Salvini will be out of government until 2023 (unless snap elections at some point).

Italians can prepare for a new …

Ergo, maybe you can ‘weenie the Salvini’...


Did Jeffrey Epstein Personally Set Off the Financial Crash of 2008?

Posted by DanielS on Wednesday, 14 August 2019 12:25.

Did Jeffrey Epstein Personally Set Off the Financial Crash of 2008?

STEVE SAILER, 14 Aug 2019:

As you may recall, the timeline of the 2008 financial collapse got serious in March 2008, when the Wall Street firm of Bear Stearns started to go under due to mortgage-based securities. The New York Fed tried to bail Bear Stearns out, but it still became insolvent anyway. Then in September 2008, Lehman Brothers started to drown as well. Thinking that the lesson of Bear Stearns was to not throw good money after bad, the authorities let Lehman go under, which then set off global panic.

Interestingly, Jeffrey Epstein may have personally initiated the dominos falling that eventuated in the collapse of Bear Stearns by asking, on April 18, 2007, for his $57 million back from a hyper-leveraged Bear Stearns hedge fund investing in mortgage-based financial gimcrackery.

Oddly, this might be one of the few actions I’ve heard about Epstein that isn’t obviously shady. He probably got the $57 million in the first place in a crooked manner, but he had the right to try to retrieve what was left of his money.

From the New York Times financial section in 2007:

More Bad News for Jeff Epstein?

BY DEALBOOK JULY 11, 2007

It was just about a year ago that Jeffrey Epstein, the reclusive financier, was being charged with soliciting prostitutes in Palm Beach, Fla. He may now have another image problem on his hands.

BusinessWeek reports that Mr. Epstein’s Virgin Islands-based money-management firm, Financial Trust Company, is listed in a filing with the Securities and Exchange Commission as a stakeholder in Bear Stearns‘s High-Grade Structured Credit Strategies Enhanced Leverage Fund, which became much easier to refer to in recent weeks as “Bear Stearns’ collapsing hedge fund.”

It is a tantalizing nugget of information about someone who rarely discloses anything about his business or his billionaire clients. Despite his penchant for privacy, Mr. Epstein runs in prominent circles: he once flew former President Bill Clinton on his 727.

Regulatory filings show that Mr. Epstein’s firm had voting power over 10 percent of the equity in the Bear Stearns fund, which, aided by loans from some of Wall Street’s biggest banks, bet heavily on the securities linked to the market for subprime mortgages, or those to homeowners with weak credit histories.

As the subprime mortgage market has been rocked by a rise in defaults, many of those bets have gone bad. As of the end of April, the Bear fund was down 23 percent for the year.

Mr. Epstein did not respond to BusinessWeek’s calls, and his lawyer had no comment.

We now know that Epstein had invested $57 million in this Bear Stearns fund run by Ralph Cioffi and Matthew Tannin, two of very few Wall Street executives ever put on criminal trial over The Crash. (They beat the rap.)

From “The Secret History of the Bear Stearns Crash” in Fortune in 2009 by William Cohen:

After 40 months of positive returns, the sudden and sharp decline in the two hedge funds was new territory for Cioffi and Tannin. They struggled mightily to figure out what to do. On April 18, one of Cioffi’s investors, who had $57 million invested, informed him that he was considering redeeming his money.

The unnamed investor wanting his money back was very likely Jeffrey Epstein.

Cioffi told the investor that the portfolio managers had $8 million of their own money invested, one-third of their liquid net worth. He neglected to tell the investor that he had taken $2 million of his own money out and invested it in his other hedge fund. …

Epstein appears to have been one day ahead of Cioffi and Tannin in figuring out the end was nigh:

[Tannin] went on to wonder whether the funds should be closed or significantly restructured. The argument for closing the funds was based on the market and on a complex internal April 19, CDO report, which was a new analysis that Tannin had recently perused. “If we believe the [new CDO report] is ANYWHERE CLOSE to accurate, I think we should close the funds now. The reason for this is that if [the CDO report] is correct, then the entire subprime market is toast,” wrote Tannin. “If AAA bonds are systematically downgraded, then there is simply no way for us to make money – ever.”

Wikipedia now synthesizes the bits and pieces that have appeared here and there over the years:

In August 2006, Epstein, a month after the federal investigation of him began,[56] invested $57 million in the Bear Stearns High-Grade Structured Credit Strategies Enhanced Leverage hedge fund.[55][59] This fund was highly leveraged in mortgage-backed collateralized debt obligations (CDOs).[59] On April 18, 2007, an investor in the fund, who had $57 million invested, discussed redeeming his investment.[60] At this time, the fund had a leverage ratio of 17:1, which meant for every dollar invested there were seventeen dollars of borrowed funds; therefore, the redemption of this investment would have been equivalent to removing $1 billion from the thinly traded CDO market.[61] The selling of CDO assets to meet the redemptions that month began a repricing process and general freeze in the CDO market. The repricing of the CDO assets caused the collapse of the fund three months later in July, and the eventual collapse of Bear Stearns in March 2008. It is likely Epstein lost most of this investment, but it is not known how much was his.[60][59]

By the time that the Bear Stearns fund began to fail in May 2007, Epstein had begun to negotiate a plea deal with the U.S. Attorney’s Office concerning imminent charges for sex with minors.[55][56] In August 2007, a month after the fund collapsed, the U.S. attorney in Miami, Alexander Acosta, entered into direct discussions about the plea agreement.[56] Acosta brokered a lenient deal, according to him, because he had been ordered by higher government officials, who told him that Epstein was an individual of importance to the government.[40] As part of the negotiations, according to the Miami Herald, Epstein provided “unspecified information” to the Florida federal prosecutors for a more lenient sentence and was supposedly an unnamed key witness for the New York federal prosecutors in their unsuccessful June 2008 criminal case against the two managers of the failed Bear Stearns hedge fund. Alan Dershowitz, one of Epstein’s Florida attorneys on the case, told FOX Business “We would have been touting that if he had [cooperated]. The idea that Epstein helped in any prosecution is news to me.”[55][6][62]


Russia crisis: Japan furious with Putin’s visit to disputed island

Posted by DanielS on Friday, 02 August 2019 14:11.

Abe with Russian President Putin at the St. Petersburg International Economic Forum on 26 May 2018 CCby4.0

Russia crisis: Japan furious with Putin’s visit to disputed island

VLADIMIR PUTIN’S decision to send Prime Minister Dmitry Medvedev to an island claimed by both Japan and Russia was met with fury by Tokyo.

Express, 2 August 2019

The Russian Prime Minister paid a visit to one of the four Russian-held islands which lie off Japan’s most northern region. Known as Iturup in Russian and Etorofu in Japanese, the island was occupied by the Soviet Union after World War 2. It has been a source of dispute between Moscow and Tokyo for the last three-quarters of a century – and Mr Medvedev’s visit threatens to put relations between Russia and Japan under strain.

Japan’s Ministry of Foreign Affairs pulled no punches with a strongly worded statement aimed at the Kremlin.

Officials said that Mr Medvedev’s visit was incompatible with the Japanese people’s view on the Russian-held islands.

The statement added: “We strongly urge the Russian side to take constructive measures to further advance Japan-Russia relations, including the issue of the conclusion of the peace treaty.”

Iturup is one of four islands involved in the so-called Kuril Islands dispute, also known as the Northern Territories altercation.

The Yalta agreement – a post World War 2 deal signed by the US, Britain and the Soviet Union – stated that “the Kuril Islands shall be handed over to the Soviet Union” after the conclusion of the war.

It was supported by the Cairo Declaration of 1943, which stated that Japan must be expelled from all territories which have been taken by violence.

Japan originally took control of the island in 1875 after Russia reportedly agreed to give up all the rights for the Kuril Islands.

The Russo-Japanese war 30 years later yielded more territory to Tokyo and became the backdrop of simmering tensions between the two nations.

Diplomatic progress has stalled in the past 20 years over the dispute.

In 2005, to Moscow’s dismay, the European Parliament recommended Russia return the islands to Japan.

Recently, Discovery of Oil and Natural Gas in Sakhalin have given Russia a Milking cow in the region. Which was earlier used as Gulags.

2011 saw the installation of weapons on the island to, according to Mr Medvedev, “ensure the security of the islands as an integral part of Russia”.

Mr Medvedev’s latest visit came just two weeks after Moscow outright refused to discuss the potential handover of two of the contested islands to Japan.

That and the following article are not really all you need to know, as oil and natural gas supplies - which Japan is in desperate need for - have been located in Sakhalin Island, a natural extension of Japan’s historical and genetic ethnostate and an affect of the Russian Federation’s cleptocratic aggrandizement.

Related at Majorityrights:

Tillerson, Putin, Sakhalin, Fukushima: Why would Japan Hate Trump’s outreach to Russian Federation?

All you need to know about islands at heart of Russia-Japan feud

The Democratic Telegraph (6 moths ago):

The decades-old dispute has prevented the two countries from concluding a peace treaty to formally end World War II.
Called the Kurils by Russia and the Northern Territories by Japan, a string of volcanic islands are at the heart of a feud between the two countries that has prevented them signing a formal World War II peace treaty. Talks stalled for decades due to Japan‘s claim to the four strategic islands seized by the Soviet army in the final days of the war.

Russia and Japan’s leaders meet for talks in Moscow on Tuesday over the disputed island chain.

As Russian President Vladimir Putin and Japanese Prime Minister Shinzo Abe are set to meet in Moscow on Tuesday for talks expected to be dominated by the territorial dispute, here are some key facts about the Kuril islands:

Location

The disputed islands of Iturup (Etorofu in Japanese), Kunashir (Kunashiri), Shikotan and Habomai lie at their closest point just a few kilometres off the north coast of Hokkaido in Japan.

They are the southernmost islands in a volcanic chain that separates the Sea of Okhotsk and the Pacific Ocean.

Indigenous people of Sakhalin Island

They are located to the southeast of the Russian island of Sakhalin and are administratively part of the same region, although Tokyo considers them part of its Hokkaido prefecture and “illegally occupied by Russia”.

Treaties

Russian Empress Catherine the Great claimed sovereignty over the Kuril islands in 1786 after her government declared they were discovered by “Russian explorers” and therefore “undoubtedly must belong to Russia”.

In the first treaty between tsarist Russia and Japan in 1855, the frontier between the two countries was drawn just north of the four islands closest to Japan.

Twenty years later in 1875, a new treaty handed Tokyo the entire chain, in exchange for Russia gaining full control of the island of Sakhalin. Japan seized back control of the southern half of Sakhalin after its crushing defeat of Moscow in the 1905 Russo-Japanese War.

Soviet takeover

The Kuril islands have been back at the centre of a dispute between Moscow and Tokyo since Soviet troops invaded them in the final days of World War II.

The USSR only entered into war with Japan on August 9, 1945, just after the United States had dropped the atomic bomb on Hiroshima.

The Soviet troops completed the takeover of the islands after Japan’s general surrendered later that month.

Russia argues that then-US President Franklin Roosevelt promised Soviet leader Joseph Stalin he could take back the Kurils in exchange for joining the war against Japan when they met at the Yalta conference in February 1945 at which the Allied leaders divided up the post-war world.

The Soviet capture of the islands has since prevented Moscow and Tokyo from signing a formal peace treaty to end the war, despite repeated attempts over the past 70 years to reach an agreement.

In 1956, Soviet leader Nikita Khrushchev first offered to give Japan the two smallest islands, Shikotan and Habomai, in exchange for signing a peace treaty but dropped the idea after Tokyo struck a military alliance with Washington.

Strategic value

Strategically, control of the islands ensures Russia has year-round access to the Pacific Ocean for its Pacific Fleet of warships and submarines based in Vladivostok, as the strait between Kunashir and Iturup does not freeze over in winter.

Russia has military bases on the archipelago and has deployed missile systems on the islands.

The islands’ current population is around 20,000 people.

After numerous meetings over the past few years between Japanese Prime Minister Shinzo Abe and Russian President Vladimir Putin, they have launched various economic projects on the islands in areas such as the farming of fish and shellfish, wind-generated energy, and tourism, though Moscow says investment is still meagre.

Since 2017, the two countries have also agreed on charter flights for Japanese former inhabitants to visit family graves there.

The islands are rich in hot springs and minerals and rare metals such as rhenium, which is used in the production of supersonic aircraft.

That’s not really all you need to know, as oil and natural gas supplies - which Japan is in desperate need for - have been located in Sakhalin Island, a natural extension of Japan’s historical and genetic ethnostate and an affect of the Russian Federation’s cleptocratic aggrandizement.

Related at Majorityrights:

Tillerson, Putin, Sakhalin, Fukushima: Why would Japan Hate Trump’s outreach to Russian Federation?


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