Michael Rectenwald: The US Undergoing a ‘Soft Cultural Revolution’ Towards Socialism | CLIP

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Shone Anstey, John Mac Ghlionn: Why the US and China are taking opposite approaches to bitcoin​



In this special episode, we sat down with two guests: researcher and journalist John Mac Ghlionn and Shone Anstey, CEO at LQwD fintech. They touch on the world of bitcoin—from the merits and the dangers to the different approaches the United States and China are taking; from embracing it to banning it; and how it’ll play out going forward.
 
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Lithuanian diplomats leave China over Taiwan; Examining human rights violations: Chinese police​




Chinese police are physically abusing women, children, and the handicapped. While evidence and accusations of torture are piling up, Chinese propaganda videos depict the country's law enforcement officers as compassionate and gentle. Yet when the press cameras stop rolling, their actions often take a harsh turn. The U.S. is set to ban all imports from the Xinjiang region in China. There, ethnic Uyghurs have been locked away en masse for forced labor inside internment camps. A new report says three out of four children in Tibet have been taken from their parents. They’re being placed in boarding schools instead, where their language, culture, and traditions are being swapped out for Mandarin Chinese. And, Lithuania pulls its diplomats out of China. Sources blame the hasty exit on what they describe as “safety concerns.”
 

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US sanctioning China for biotechnology; Purdue president on Chinese student harassment​



U.S. lawmakers are asking NBC to do its part when broadcasting the Beijing Olympics and avoid spreading Chinese propaganda. The station has also been urged to include the communist regime’s human rights abuses. The president of Purdue University is asking those who suppress freedom on campus to “continue their education elsewhere” after a student was allegedly harassed by Chinese students after he spoke out about Chinese politics. Chinese authorities revoke a famous human rights lawyer’s license. He has a history of representing cases that have touched Beijing’s nerves. The United States is slapping sanctions on more than 40 Chinese companies. Among them is the world’s largest drone maker and supplier to several law enforcement agencies. Taiwan is holding its fourth-ever referendum. But as citizens prepare to visit the polls, a report suggests Beijing may be getting its hands dirty.
 

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Peng Shuai denies making sexual assault allegation; 4 killed in highway bridge collapse in China​



The pandemic isn’t the only disease plaguing China. State media outlets are reporting an outbreak of hemorrhagic fever in a northwestern province. Tennis player Peng Shuai reemerges after vanishing for weeks. But she’s now singing a different tune, walking back on the statement that started it all. Now, she claims she never accused anyone of sexually assaulting her. Beijing is asking German auto-part maker Continental to turn away from Lithuania. It's one of dozens of German companies Beijing is trying to sway. Unease is rippling through many of China’s biggest industries, as tens of thousands lose their jobs. Tech, education, real estate are all hurting and trying to cope with the Chinese regime’s clampdown. A voice from a Hong Kong activist highlights those willing to fight for democracy—even at great personal risk.
 

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Arrangement of various world currencies including Chinese yuan, U.S. dollar, Euro, British pound, pictured on Jan. 25, 2011. (Kacper Pempel/Illustration/Reuters)
Arrangement of various world currencies including Chinese yuan, U.S. dollar, Euro, British pound, pictured on Jan. 25, 2011. (Kacper Pempel/Illustration/Reuters)

The Risks of CCP China’s Digital Yuan Are Understated: Part II​

J.G. Collins
December 22, 2021
Epoch Times Commentary Audio PDF
This is the second of a two-part article articulating the risks of CCP China’s new digital yuan, the e-CNY.
Part I details the risk to people and businesses in CCP China.
This Part II addresses the geopolitical and geostrategic risks of the digital yuan to other nations and Western-style democracies.



The power the CCP will exercise from e-CNY that I described in Part I won’t be limited to the borders of CCP China.
There is a bigger, looming, threat, and it’s global.

CCP China’s “Belt and Road Initiative” (BRI) is intended to spread commercial and geopolitical influence in Central, South, and Southeast Asia, as well as into Europe and the Middle East.

For less developed economies, e-CNY may be a godsend that allows access to payment and banking services, but it’s also a Trojan Horse. While payments can be transferred far more easily in, say, the desolate areas of Afghanistan, they can also be monitored, controlled, and prohibited.
So if the e-CNY becomes the preferred—or only—currency in your remote part of the world where the CCP is engaged in the BRI, it can sanction behavior via the e-CNY. If you or your local community object to seizing farmland for a BRI development, good luck surviving without what may be your only means of paying or receiving money. You’ll be under the same CCP thumb of control as the common Chinese people.
But the larger risk is to the global economy.

One can easily imagine the CCP eventually pushing OPEC and individual oil-producing nations to price their oil in e-CNY and bypass the petrodollar, which has been a critical element of U.S. economic power and foreign policy for nearly half a century. Since many of the countries with which the United States has had disputes, and for which it has imposed sanctions, sit atop oceans of oil, the e-CNY would be an attractive incentive for them to price their oil in CNY.

Most oil-producing nations, including most OPEC nations, price their oil in U.S. dollars (USD).
Consequently, nearly every country keeps USD reserves for oil payments and to otherwise participate in the U.S. economy. But those dollars aren’t sitting in a vault; they’re recycled back to the United States as investments, often in U.S. Treasury securities. They help fund our exorbitant deficits and debt. (Even CCP China funds our debt, returning the USD we use to pay for their exports back to the USA as Treasurys, real estate, and equity investments.)

Were the CCP to succeed in undermining the petrodollar, it would likely significantly reduce the demand for USD and increase demand for CNY. Instead of the USD being the world’s reserve currency, a position it has held since 1944, it would fall back to be among one of several “reserve” currencies, including the euro, the CNY, and the JPY. Theoretically, having achieved an advanced standing as a reserve currency, it’s possible—even likely—that CCP China could then further consolidate CNY’s status by setting the prices for rare earths or even its everyday exports of things like toys, computers, etc. in CNY. (To give you a peek at the world where multiple currencies reign alongside the USD, when President Obama’s then-novice treasury secretary, Tim Geithner, said in 2009 that he was open to a basket of currencies replacing the USD as the world’s reserve currency, the dollar tumbled in moments before Treasury walked Geithner’s comments back.)

If a good portion of global USD demand disappears because oil starts to be priced in e-CNY, and CCP China further capitalizes from there on its standing as a leading world reserve currency, the United States would have to raise its interest rates to lure foreign investment in our debt securities or, perhaps, devalue the dollar, which would significantly boost inflation.

Finally, from a geostrategic perspective, the rise of the e-CNY as a reserve currency would allow countries subject to sanctions by the USA or international institutions, like Nato, the EU, or the U.N., to avoid them.

That’s because those sanctions are usually administered by SWIFT, the Society for Worldwide Interbank Financial Telecommunication, based in Brussels. It’s how funds move around the world. But e-CNY allows anyone with an internet connection to transfer value. The world’s ability to affect the plans of bad actors—often friendly with CCP China—would be significantly hindered, and national and global security risks increased.

Beware​

CCP China hopes to introduce the e-CNY as an international currency during the Winter Olympics this coming February.
Three U.S. senators have requested the U.S. Olympic Committee to prohibit U.S. Olympic Team members from using it, drawing a rebuke from CCP China authorities. The free Western-style democracies that have joined the diplomatic boycott of the 2022 Winter Olympics should follow the senators’ request, as should the U.S. Olympic Committee: Do not submit to pressure, or accept the convenience, of using the e-CNY during the Olympics; avoid it entirely.

If that cannot be done (i.e., if the only payment option in the Olympic Village is e-CNY), then Olympians should be provided single-use telephones by their respective national Olympic committees, loaded with an e-CNY per diem, to be used exclusively for e-CNY spending. The phones should then be returned to the committees and destroyed at the end of the Olympics to prohibit further CCP surveillance of the athletes.

Fighting Back​

Federal Reserve Chair Jay Powell, the Federal Reserve, Congress, and President Joe Biden should move with all deliberate speed to finalize an e-USD that can compete head-to-head with the e-CNY. Research has been underway between the Fed and MIT, but that should be addressed with the same urgency of the Space Race or the Missile Gap of the early 1960s.

The United States also needs to get a handle on its deficits by cutting the costs of government, eliminating lucrative—and blatantly unfair—tax loopholes, such as the tax treatment of carried interest and the home mortgage interest deduction (which only a handful of other countries permit).

It is vital for the United States economy and for our national security that we continue as the global currency hegemon, whether that be in greenbacks, bank accounts, or a USD CBDC. The United States should lead Nato, in partnership with the EU, Japan, South Korea, Australia, India, and the other Western-style democracies to contain the spread of e-CNY.

Our future—and the future of the free world—depends on it.

 

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Ellanjay

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Dr. Robert Destro: ‘The Three Genocides in China’ | CLIP​



Amid what he calls the 'three genocides' in China—one against Uyghurs, one in Tibet, and one against Falun Gong practicioners—Dr. Robert Destro says the CCP should not be allowed to host the Olympic Games. He compares the 2022 Winter Olypmics in Beijing to the 1936 Olympics in Nazi Germany.
 
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Ellanjay

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China’s Xi’an city under strict lockdown; Biden signs bill to ban imports from Xinjiang​



Tech giant Intel is apologizing to China after backlash from Chinese shoppers. At issue is the company’s statement about avoiding forced labor in Xinjiang. The first day of lockdowns has begun in Xi’an, the harshest in China so far. Life in the megacity seems to have stopped, except for the long queue of people waiting for virus tests in the snow. The Chinese foreign ministry says that Lithuania will be swept into the trashcan of history. A Lithuanian lawmaker responds by saying communism is already in the trash can. A new Hong Kong government-backed study finds that three doses of the Chinese Sinovac vaccine is not effective at protecting against the Omicron variant. Most of China is vaccinated with Chinese vaccines. A leading Hong Kong university has dismantled and removed a famous statue from its campus—one that commemorates the victims of the Tiananmen Square massacre.
 

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Dr. David Jeremiah: Karl Marx 'A Cheerleader for the Devil' | CLIP | American Thought Leaders​



The most surprising thing about socialism, according to Dr. David Jeremiah, is that it is not an atheist belief, but rather it is explicitly anti-God. Jeremiah says that socialism can not tolerate religion because the church takes away the strict adherence required for socialism to thrive in a society.
I think it should say ....because "a" church takes away .... they all don't have the same adherence so I thought I'd fix it. You're welcome.
 

Ellanjay

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Is the Chinese Communist Party Orchestrating the New Global Wave of COVID-19 Lockdown​



Counterpunch
Trevor Loudon

Cities across the world are now undergoing a new wave of lockdowns due to the coronavirus. But are these new—and in some cases draconian—lockdown policies actually a result of the Chinese regime using its network of communist parties, politicians, and scientists to orchestrate the whole thing?

Using Britain as an example, Trevor Loudon exposes how the Communist Party of China uses lockdowns.
 

Ellanjay

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Strict lockdowns in China's Xi'an hit day 12; Tesla opens store in controversial Xinjiang region​



Amid strict lockdown measures in China’s Xi'an city, a local reports that authorities struck his face with a brick for visiting his grandmother. The city has deployed almost 30,000 virus prevention personnel to the streets, in an effort to completely eliminate the pandemic in the city. Tesla is opening a showroom in China’s Xinjiang region—the area at the center of Beijing’s human rights abuse allegations. China promises to use less coal starting 2025. But ahead of that deadline, the country put its largest coal-fired power plant into operation, armed with an ambitious 2025 production goal. One of the last remaining independent news outlets in Hong Kong shuts down, dealing another blow to press freedom in the city.
 

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PART 2: DR. PETER MCCULLOUGH ON OMICRON REALITIES AND VAERS REPORTS ON VACCINE INJURIES AND DEATHS




American Thought Leaders
JAN JEKIELEK
Video

Previously, in part one of our interview with Dr. Peter McCullough, an internist, cardiologist, and epidemiologist, we discussed the full body of evidence on COVID-19 treatment, including a preventative method that may have stamped out COVID-19 in Bangladesh. McCullough was the principal author of the first paper on early COVID-19 outpatient treatment involving multidrug regimens.
Now in part two of our interview [Part 1 can be found HERE], we discuss Omicron, why asymptomatic transmission is exceedingly rare, and what McCullough is seeing in the CDC’s Vaccine Adverse Event Reporting System (VAERS). How accurate is the VAERS system and how many reports of injury or death are directly attributable to the COVID-19 vaccines?


If you missed part one, you can watch it here.
 

Ellanjay

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China on high alert over Omicron as Olympics nears; Experts: lockdowns interrupting China economy​



Two Omicron cases in a near-by city put Beijing on high alert. It's weeks before the Winter Olympics start. A rare and courageous move. A Xi'an resident uses his real name in a video to criticize the lockdown measures, saying the authorities 'treat people like livestock.' Some English signs in Beijing subways and airports are replaced by Chinese Pinyin. Foreigners won't be able to understand them. But some say it's part of Xi Jinping's effort to show 'cultural self confidence.' The Chinese regime has named a new commander for its military force in Hong Kong. The man used to lead the crackdown on Xinjiang’s ethnic minorities. And U.S. chip company Intel appears to be walking back on a statement; where they called on partners to avoid sourcing from China’s Xinjiang. This is after getting backlash from China.
 

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China ramps up tougher pandemic control; 'Avoid Chinese meat': Germany warns Olympians​




The U.S. says it won’t be deterred by China’s latest sanctions. Beijing recently penalized four American officials serving on a religious freedom commission. The move came after the U.S. levied its own sanctions. China plans to keep a steep tariff in place for at least another year. The tax impacts a certain U.S. product–and dates back to the Trump era. Stay away from Chinese meats. That’s the suggestion Germany’s Anti-Doping Agency made to athletes, as they venture to Beijing for the Winter Olympics. Taiwan offers a billion-dollar credit program to support projects in Lithuania. That’s after the island announced a $200 million investment fund, to help the Baltic country counter pressure from Beijing. And lockdown orders tighten in China. 35 million people are under stay-at-home orders, as cases of the Omicron and Delta variants paralyze certain cities.
 

Ellanjay

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Lithuania: Europe should stand up to China; Spying fears: UK Olympians offered new phones​



Cybersecurity is on the docket ahead of the #BeijingWinterOlympics. The British Olympics Association is offering new smartphones to its athletes—to block personal data from landing in the communist regime’s hands. In Beijing, police are greeting early arrivals to the Games. Officers then accompany the visitors straight from the airport to a closed area where they’re met with a set of strict policies. For Chinese residents, lockdown orders are still in full force in #XianCity. With meat and other food supplies becoming more scarce as people are forced to stay home, one local asks his neighbors for an unusual favor. Amid Xi’an’s wide-reaching shutdown, state workers vowed to deliver food door to door. But for those who do receive groceries, there may be a catch. Citizens must thank the Communist Party, sometimes on film, before the food is handed over. And outside China, Lithuania defends itself while under fire from Beijing. It's calling on other European nations to stand up to Chinese aggression.
 
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Live Q&A: China Reports Community Transmission of Hemorrhagic Fever; Biden Has His “Worst Week”​



It appears another virus is spreading in China, that allegedly has patients bleeding from bodily openings including the eyes and ears. Reports from Xi’an, where the government has locked down a city of 13 million people, and where there are reports of nearing starvation, claim there are now signs of community transmission of hemorrhagic fever. The state-run Global Times reported on this, and claimed the regime is urging quick vaccinations to stop the virus spread. Meanwhile, reports are saying President Joe Biden just had his “worst week” in office. The Supreme Court ruled against his OSHA mandate in a 6 to 3 vote, striking down his mandatory vaccine policy for companies with 100 or more employees. This also included rulings that reign in the powers of the President, in line with Congress and State powers. Democrats in the Senate were considering killing the filibuster, but Democrat Senator Kyrsten Sinema made it clear she wouldn’t vote for it. Inflation hit a 40-year high, and this is coming along with reports of empty store shelves and increases in food prices. Biden’s approval rating, meanwhile, has been collapsing, going from 50 percent, and plummeting to low 40 and 30 percentages. Fauci is also about as popular, with only about 31 percent of Americans saying they believe him on the pandemic. And as this happens, Democrats are now talking about bringing back Hillary Clinton as their main contender in the 2024 presidential elections.
 
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Live Q&A: China Reports Community Transmission of Hemorrhagic Fever; Biden Has His “Worst Week”​



It appears another virus is spreading in China, that allegedly has patients bleeding from bodily openings including the eyes and ears. Reports from Xi’an, where the government has locked down a city of 13 million people, and where there are reports of nearing starvation, claim there are now signs of community transmission of hemorrhagic fever. The state-run Global Times reported on this, and claimed the regime is urging quick vaccinations to stop the virus spread. Meanwhile, reports are saying President Joe Biden just had his “worst week” in office. The Supreme Court ruled against his OSHA mandate in a 6 to 3 vote, striking down his mandatory vaccine policy for companies with 100 or more employees. This also included rulings that reign in the powers of the President, in line with Congress and State powers. Democrats in the Senate were considering killing the filibuster, but Democrat Senator Kyrsten Sinema made it clear she wouldn’t vote for it. Inflation hit a 40-year high, and this is coming along with reports of empty store shelves and increases in food prices. Biden’s approval rating, meanwhile, has been collapsing, going from 50 percent, and plummeting to low 40 and 30 percentages. Fauci is also about as popular, with only about 31 percent of Americans saying they believe him on the pandemic. And as this happens, Democrats are now talking about bringing back Hillary Clinton as their main contender in the 2024 presidential elections.
1642444828460.png
 

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Lithuania: Europe should stand up to China; Spying fears: UK Olympians offered new phones​



Cybersecurity is on the docket ahead of the #BeijingWinterOlympics. The British Olympics Association is offering new smartphones to its athletes—to block personal data from landing in the communist regime’s hands. In Beijing, police are greeting early arrivals to the Games. Officers then accompany the visitors straight from the airport to a closed area where they’re met with a set of strict policies. For Chinese residents, lockdown orders are still in full force in #XianCity. With meat and other food supplies becoming more scarce as people are forced to stay home, one local asks his neighbors for an unusual favor. Amid Xi’an’s wide-reaching shutdown, state workers vowed to deliver food door to door. But for those who do receive groceries, there may be a catch. Citizens must thank the Communist Party, sometimes on film, before the food is handed over. And outside China, Lithuania defends itself while under fire from Beijing. It's calling on other European nations to stand up to Chinese aggression.
Oooh, that's a really good idea!!
 

Ellanjay

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Study: China’s real virus deaths may be 1.7 million; Report reveals Fauci’s China investments​



A new report shines the spotlight on Dr. #AnthonyFauci. The White House's chief medical adviser is now accused of holding significant investments that were poured into Chinese companies. China’s virus death toll may be over 300 times higher than official figures claim, according to a new machine learning program developed in the UK. Countries in the #IndoPacific region are teaming up. The United States and Japan agree to stockpile munitions, focusing on the area around Taiwan, while the Philippines buys new weapons from India to discourage would-be foreign intruders. Beijing has been eyeing a key port in the Indo-Pacific region. But what makes it different from the rest? We look at its strategic implications and how the regime has gained control. China’s real estate crisis is still plaguing the country’s economy. Now, it’s hit sales numbers for China’s biggest home builder.