Sign of the times

Anti-Asian hate crime stats to date. A COVID19 surge ahead?

As with almost everything, the mainstream media want to whip up a story that anti-Asian hate crimes could surge during the current pandemic due to Trump calling it the “Chinese virus“. Never mind that the mainstream media used the term itself until it became more fashionable to turn it into a dog whistle to attack the president. Forget context and perspective when chasing clickbait.

Hate crime in America has fallen from 9,861 incidents in 1997 to 7,120 in 2018. These are official FBI stats. We’ll have to wait till November 2021 to get the official 2020 aggregated hate crime statistics unless the FBI release an interim statement.

The Hill noted,

“The FBI is assuring the public that investigating hate crimes remains a top concern amid the coronavirus outbreak.

The agency updated its guidance on COVID-19 to note that “protecting civil rights and investigating hate crimes remain a high priority for the FBI.” The update comes amid growing warnings about hate crimes targeting Asian Americans over the coronavirus.

The bureau added in an intelligence report obtained by ABC News this week that “hate crime incidents against Asian Americans likely will surge across the United States, due to the spread of coronavirus disease … endangering Asian American communities.”

According to the FBI, anti-Asian hate crime has fallen from a peak of 527 in 1996 to 148 incidents in 2018. In 2018, Asians were 0.00071% likely to suffer a hate crime relative to the Asian American population. Technically, one could argue there was a 13% surge on the 2017 figure. Why didn’t the media drum up a story on that?

After the 9/11 terrorist attack, anti-Islamic hate crimes surged from a trough of 22 before the incident to 481 in 2002. At last count, there were 188 hate crimes against the Muslim community in 2018, or 0.0076% of the representative population in America, a 31% fall on 2017.

Anti-Native American hate crimes trended at a very low level out to 2010. Since then they’ve surged from a low of 44 cases to 154 under Obama and at last count under Trump sit at 194 in 2018.

Anti Hispanic hate crime has fallen from a peak of 636 in 1997 to a trough of 299 in 2015 to 485 at last count.

Anti-Semitic hate crimes remain the highest among all religions in America. They have drifted down to a low of 609 in 2014 from the peak of 1,182 in 1996 but in 2018 saw a resurgence to 838 or 0.0147% of the representative population.

As a % of the black population, Anti-Black hate crimes have fallen from 0.0131% to 0.0046% of their racial background. In 2018 hate crimes fell 4% on 2017 to 1,943 incidents. In 1996 this figure was 4,469.

Why didn’t the media run the narrative of Zika or Ebola causing a surge in anti-African American crimes given those viruses were named after places in Africa? Surely any old excuse will do for foaming at the mouth racists.

As a % of the total population, anti-white hate crimes have slid from 0.00052% in 1996 to 0.00024% in 2018, up from 0.00016% in 2011. The media would never run a narrative that hate crimes against whites have jumped since 51% since 2011.

However, what would a surge in anti-Asian hate crimes entail in the media’s mind? With the law of small numbers, any surge won’t require much in absolute terms.

As of 2018, statistically one was 8x more likely to suffer an anti-LGBT attack than an anti-Asian hate crime in America.

In a world where smartphones are everywhere (aka amateur news reporters), it is surprising that despite this, the mainstream media hasn’t unearthed one grainy picture of a racist wailing at Asians over COVID19. Could it be the media might have to stage a Jussie Smollett hoax to drum up the narrative?

Marvel’s New Warriors – Safespace and Snowflake

SandS

Just when we thought we had heard it all in the world of identity politics, Marvel has decided to introduce five new (social justice) warriors – including Snowflake and Safespace. Marvel notes that,

“Psychic Twins. “All twins are psychic, but we’re psychic-er.” Snowflake, a cryokinetic, can materialize snowflake-shaped shuriken projectiles for throwing. Safespace can materialize pink forcefields, but he can’t inhabit them himself, the reflex only works if he’s protecting others. They’re hyper-aware of modern culture and optics, and they see their Super Heroics as “a post-ironic meditation on using violence to combat bullying.” They’re probably streaming this.

“Snowflake and Safespace are the twins,” the writer says, “and their names are very similar to Screentime; it’s this idea that these are terms that get thrown around on the internet that they don’t see as derogatory. [They] take those words and kind of wear them as badges of honour.”

“Safespace is a big, burly, sort of stereotypical jock. He can create forcefields, but he can only trigger them if he’s protecting somebody else. Snowflake is non-binary and goes by they/them, and has the power to generate individual crystalized snowflake-shaped shurikens. The connotations of the word ‘snowflake’ in our culture right now are something fragile, and this is a character who is turning it into something sharp.

“Snowflake is the person who has the more offensive power, and Safespace is the person who has the more defensive power. The idea is that they would mirror each other and complement each other.”

Not to worry, to help our anxious teens, Marvel has also introduced:

Screentime – a Meme-Obsessed super teen whose brain became connected to the internet after becoming exposed to his grandfather’s “experimental internet gas.” Now he can see augmented reality and real-time maps, and can instantly Google any fact.

Trailblazer – a group home and foster kid who is volunteering at a senior centre. Her “magic backpack” is actually a pocket dimension with seemingly infinite space, from which she can pull out useful or random objects—it’s not always under her control. She claims to get her power from god, but “not the god you’re thinking of.”

B Negative – is the goth kid. When he was a baby he got a rogue lifesaving blood transfusion. He has a bad attitude.

Will this be the Gillette moment for Marvel? Are there enough triggered millennials who will flock to the new comic series? Would Disney invest in a movie which moved from classics such as The Incredible Hulk to a movie based on Snowflake and Safespace? We wrote about the box office failures of movies that went woke here.

Disney bought Marvel in 2009 for $4 billion. Since then it has generated $18bn in Marvel comic-based movies. They made a bundle out of Pixar too.

Dr Fauci slaps mainstream media narrative on a rift with Trump

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We have probably all seen the supposed facepalm moment by Trump’s lead on COVID-19, Dr Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases.

The mainstream media has been eager to write about massive disagreements between Fauci and Trump. The hope is that he sacks him so they can fuel their chronic Trump Derangement Syndrome by creating conspiracy theories there is a rift.

Dr Fauci came out yesterday countering this narrative by saying,

That is really unfortunate. I would wish that would stop because we have a much bigger problem here than trying to point out differences…

…the president has listened to what I have said and to what the other people on the task force have said…when I have made recommendations he has taken them. He has never countered or overridden me…

…The idea of just pitting one against the other is just not helpful. I wish that would stop and we would look at the head at the challenge we have to pull together to get over this thing…”

His interview here. From 6:13 is where he discusses the non-existent rift.

https://omny.fm/shows/mornings-on-the-mall/wmal-interview-dr-anthony-fauci-m-d-03-24-20

Whether it is the Democratic Party exploiting a crisis by stalling a rescue bill with rubbish or the mainstream media drumming up a narrative, it is clear that defeating Donald Trump is a far more important operation than stopping a pandemic and destroying the economy in the process.

From a Gold Bullion dealer in Sydney

Gold

This is the latest update from Australia’s largest gold bullion dealer today:

In the past few days, both Royal Canadian Mint and PAMP have announced temporary closures due to unprecedented demand and Coronavirus. As a result, ABC Bullion will no longer be taking new orders for Royal Canadian Mint and PAMP (Swiss) product and will continue to fulfil existing orders for these products from our existing inventory and incoming deliveries.

ABC Refinery remains open processing gold and silver from our mining clients and manufacturing ABC Bullion brand cast bars.

For the health and safety of our clients and staff, ABC Bullion is prioritising metal collection and buyback transactions at its retail office on 88 Pitt Street and requests clients open new accounts and make purchases via https://www.abcbullion.com.au/, email comms@abcbullion.com.au or telephone 1300 361 261.

Due to unprecedented demand, we are backlogged on making deliveries and we appreciate your patience as we catch up.

Never let a good crisis go to waste

Never let a good crisis go to waste. Democrats have been doing their utmost to show partisanship during coronavirus. Instead of trying to help their fellow citizens, they see it better to throw in some irrelevant nice to haves which will do nothing to help Americans fight the economic impacts of coronavirus as bargaining chips.

Here are 20 examples.

  1. Corporate pay statistics by race and race statistics for all corporate boards at companies receiving assistance.
  2. Corporate board diversity targets
  3. Bailing out all current debt of postal service
  4. Required early voting
  5. Required same-day voter registration
  6. $10,000 bailout for student loans
  7. For companies accepting assistance, 1/3 of board members must be chosen by workers
  8. Provisions on official time for union collective bargaining
  9. Full offset of airline emissions by 2025
  10. Greenhouse gas statistics for individual flights
  11. Retirement plans for community newspaper employees
  12. $15 minimum wage at companies receiving assistance
  13. Permanent paid leave at companies receiving assistance
  14. hiding the citizenship status of College Students from the Census Bureau
  15. expanded wind & solar tax credits
  16. $100,000,000 for NASA’s environmental restoration group

While it is fair game to question the contents of a $1.8 trillion rescue package, none of the above will help Americans combat coronavirus. So the Dems have upped it to $2.5 trillion to include the above, including $1.5k in aid per individual; as much as $7.5k for a family of 5.

We suppose when the central bank has committed to endless QE, what does an extra $700bn on top of $1.8 trillion matter?

Unlimited QE and a reminder of discontinued series

Just when you thought it couldn’t get crazier, the Fed has announced that it will buy unlimited sizes of treasuries, mortgage-backed securities and corporate bonds. Recall our comments in 2018 when the Fed discontinued its reporting of assets. We noted that the Fed discontinued M3 money stock in 2006, two years before the GFC. Coincidence?

We were always struck by former Fed Chair Janet Yellen’s comments in 2016:

Monetary and fiscal policy is far better prepared for large positive shocks than negative ones

and 2017:

Don’t expect another financial crisis in our lifetime

The only thing left is to buy equities outright which would require an act of Congress. Such moves once again only highlight just how bad the situation has become. The Bank of Japan can hardly be credited with success over its ETF based equity purchases. It has now lost $30bn in this recent market rout. We should mention that the BoJ is a top 10 shareholder in almost 50% of listed stocks, creating an overhang of epic proportions should it ever announce it wants to reduce holdings. It now owns $300bn and due to be $400bn by year-end.

WHO’s official 2017 pandemic playbook says it all

WHOTWO

The World Health Organisation (WHO) has bungled its response during the coronavirus crisis. Politics always seems to trump principle. This cartoon is particularly blunt.

In mid-January, WHO happily parroted Chinese propaganda which said, “preliminary investigations conducted by the Chinese authorities have found no clear evidence of human-to-human transmission of the novel coronavirus (2019-nCoV) identified in Wuhan, China.” This, instead of independent verification by WHO.

WHO Director-General Tedros Adhanom Ghebreyesus praised China’s “transparency” despite whistleblower doctors being silenced by the propaganda machine. Several have sadly ended up dying.

Ghebreyesus even took potshots at governments looking to close borders to quarantine themselves on the basis of “unnecessarily interfering with international travel and trade” and “increasing fear and stigma.”

The interesting thing is that Director-General was reading straight from WHO’s very own 2017 playbook, ‘Pandemic Influenza Risk Management [PIRM]- A WHO guide to inform and harmonize national and international pandemic preparedness and response‘.

On travel, the report noted,

The International Health Regulations (IHR) (2005) seeks to limit the public health measures taken in response to disease spread to those “that are commensurate with and restricted to public health risks, and which avoid unnecessary interference with international traffic and trade.” This aligned with China’s rhetoric.

On member state cooperation,

Under the Framework, Member States are responsible for (1) ensuring the timely sharing of influenza viruses with human pandemic potential with Global Influenza Surveillance and Response System (GISRS); (2) contributing to the pandemic influenza benefit-sharing system, including by working with relevant public and private institutions, organizations and entities so they make appropriate contributions to this system; and (3) continuing to support GISRS.” p.16

China covered up the extent of the problem by destroying lab samples taken in December causing the unexplained viral infections in Hubei province. Imagine what might have happened if China had been open and honest at the offset? How lucky to have a WHO that pushed China’s narrative that the spread of COVID-19 was slow?

Indeed it is the chief of WHO that calls the Public Health Emergency of International Concern (PHEIC) and for declaring a pandemic. The PIRM report stated,

The responsibility of determining a PHEIC lies with the WHO Director-General under Article 12 of the IHR (2005). The determination of a PHEIC leads to the communication of temporary recommendations…During the period of spread of human influenza caused by a new subtype, based on risk assessment and appropriate to the situation, the WHO Director-General may make a declaration of a pandemic.”  p.14

Why did it take till March 10 for the Director-General to declare a pandemic? 64 days after the start. 118,000 people had caught COVID-19 by then. Now the number stands at 351,000.

At least there is a get out of jail free clause in WHO’s 2017 PIRM report,

Ethics do not provide a prescribed set of policies; rather, ethical considerations will be shaped by the local context and cultural values.” p.18

We guess it must be ok in WHO’s mind that China’s ethics are shaped by the culture of the Communist Party.

As to the question of the effectiveness of social distancing? WHO concluded with this vague paragraph,

Nevertheless, measures that have been associated with containment such as social distancing, hand/respiratory hygiene and judicious use of antiviral drugs may be effective in mitigating the impact of outbreaks of a new influenza subtype in individual countries. These measures are most likely to be successful and are better supported by data demonstrating effectiveness when implemented in specific local (smaller scale) circumstances, e.g. households and closed or semi-closed institutions. Although there is no evidence of any wider population-level containment effect, these measures may reduce the spread and overall impact of the pandemic and could be considered as part of a country’s national preparedness plan, depending on available resources.” p.62

Has there been an overreaction on social distancing which is likely to produce catastrophic economic side effects? If hygiene and antiviral drugs are effective, does social distancing have any impact at all? If not, aren’t governments submitting companies and employees to unnecessary hardship?

Assuming one self-isolates for 14 days, if one catches COVID-19 the first day out of quarantine was there any point to the first 14?

In Japan, peak hour trains to work remain as crowded as normal yet the country isn’t registering a severe outbreak of the disease. Close quarter drinking parties below the cherry blossoms are in full swing, yet no real signs of mass contagion. Japanese are meticulous with hygiene. Is it a factor? Japan has 1,046 cases and 44 deaths so far.

South Korea’s success would seemingly be driven by the sheer number of tests conducted on its population (270,000) which has made controlling out who needs to be isolated easier, as opposed to social distancing and hoping for the best. South Korea has tested 5,200 people per million population vs America at 74, according to the Centre for Disease Control. We don’t profess to hold any expertise in virus containment, but the data seems to bear out highly inconsistent results.

Yet it doesn’t escape the immutable fact that UN bodies, in general, have terrible track records. Why do so many countries want to entrust sovereign laws to UN groups that can’t keep their own houses in order?

In the last audited set of accounts (Dec 2018), WHO operates on a $2.9bn budget of which $931.22 million is paid in salaries across 5,541 staff or an average of $168,000 each. Although in the FY2018 financial year, expenditures totalled $2.5 billion, leaving a $442 million surplus after financial revenue. 

WHO spent $191.7 million on travel, $178 million on operating expenses and $177 million on medical supplies and materials. Medical supplies and materials are mainly purchased and distributed by WHO including vaccines, medicines, medical supplies, hospital running costs, fuel, as well as related shipping costs.

Contracted services look an interesting line item at $781 million. Medical research activities and security expenses are also included in contractual services. 

Despite Ebola in 2014, MERS in 2012, H1N1 Swine Flu in 2009 and SARS in 2002 it is hard to ignore the fact that with over 5,500 well-paid staff members WHO can’t construct a better policy prescription in limiting the spread other than provide sketchy anecdotal data on what methods seemed effective in containing the spread? Perhaps China can loan some propaganda ministry staff to better shape the responses. That’s right, they already have.

Let’s not forget that Tedros Adhanom Ghebreyesus proposed former Zimbabwe dictator Robert Mugabe as a WHO ambassador in 2017. It is not hard to see where the lack of judgment comes from.