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Pompeo’s Gulf of Tonkin Incident

Gareth the Great in the American Conservative:

The fingerprints of Pompeo are all over this provocation to war. In a striking parallel to the deception that accompanied the Gulf of Tonkin crisis in 1964—in which the American public was told about an attack on a U.S. ship that never happened, precipitating the Vietnam War—Pompeo and his allies carried out a complex deception in regard to the Soleimani hit. They claimed they had to kill the second most popular leader of Iran with no advance notice to Congress because the Iranian general was planning a massive attack that put the country in “imminent” danger. Trump officials have so far not provided any evidence publicly to back up this version of events. In fact, when briefed by DoD officials Wednesday, Democrats complained about the lack of hard evidence presented, leaving them unconvinced there was an imminent threat. Republican Sen. Rand Paul, R-KY., said the briefing was “less than satisfying.”

Read the rest here.

Sen. Mike Lee Will Support War Powers Resolution Regarding Iran

Because of the insane briefing that Pompeo and them gave to the Senate.

Ratcheting Down

Wednesday morning Trump announced new sanctions on Iran rather than sending in the B-52s in response to Iran’s missile attack response to America’s killing of their top general Qassem Soleimani. So that’s wrong but sure could be worse.

Then he declared that the UN Security Council powers must help him negotiate a brand new better nuclear deal to replace the last one; a total non-starter, and he must know that. So that just amounts to filler and bluster.

Trump then emphasized America’s energy independence from the Middle East. A great line about how now we’re leaving would have gone great right there. #Hope #Change

Surprisingly, he also emphasized Iran’s help in the fight against the Islamic State as a continuing opportunity for cooperation, which is another signal toward de-escalation.

This entire crisis has been precipitated by the Trump government, with a possible assist from ISIS. Americans of all political persuasions should make their voices heard now: We oppose conflict and support the U.S. taking all opportunities to talk to Iran and diffuse this crisis.

And remember the Horton rule: attack the left from the left and the right from the right. In other words, when calling or otherwise addressing Republicans, be conservative in your opposition and the other way around too.

Cross-posted at Antiwar.com.

Iranian Plane Crash

As Tom Woods pointed out in this great speech 10 years ago, when there’s an earthquake, hurricane, plane crash or other major disaster in Iran, we all feel terrible and grieve for the loss of life and donate to charity over it and the rest.

But then we’re supposed to just turn right around and cheer threats of war against these very same people.

Last night, while Iran was firing missiles at U.S. targets in Iraq and many people around the world were fearing the breakout of a new war between our countries, a civilian airliner fell out of the sky on take-off from the Tehran airport, killing more than 170 people. (All indications are that it was mechanical failure to blame.)

Humanity grieves for them. Let us please keep in mind the individual rights to life and dignity that all individuals hold and maintain the spirit of commonality we all feel from the crash as a barrier to a new war.

Cross-posted at Antiwar.com.

bitcoin is Dead: Part 4

bitcoin is Dead: Part 4

Click here for Part 3

For the audio version, check out my podcast A Boy Named Pseu where you can download it on all podcast platforms. (read starts at 8:54)

Read full piece here.

If bitcoin is dead, then Nigerians aren’t living off it

Bitcoin is empowering the dominant medium of exchange to the masses in West Africa. How? Gift cards.

The digital asset exchange, Paxful, is outcompeting other Western exchanges by enabling thousands in West Africa (Nigerians in particular) to buy gift cards for remittance, which accounts for two-thirds of the exchange’s USD volume.

In the article “Bitcoin and Gift Cards Are Powering a Million Dollar Remittance Market in Africa,” Bitcoin Magazine’s Colin Harper revealed the following:

  • “Paxful is able to onboard financially disconnected citizens of developing countries on a level that non-P2P [over-the-counter] exchanges like Coinbase simply cannot…Paxful services trades in more than 70 currencies around the world and has made much of its traction in geographic regions that many bigger exchanges have not.”
  • Nigerians account for likely 50 percent or more of Paxful users who trade gift cards.
  • of the roughly $65 million in gift card trades processed through Paxful in October 2019, $32.5 million of them came from Nigerians.

How exactly does this work? Harper explains:

“an African immigrant will purchase gift cards out of the country (typically from the U.S.) for cash; they will send a picture of this gift card and proof of purchase to a friend or family member back home; the recipient makes a trade on Paxful, selling the gift card (typically at a discount) for bitcoin; they then take this bitcoin and trade it for their local currency and transfer this into their bank account.”

This right here proves that third world countries recognize bitcoin as actual money and that its value is legit. These people would do away with their native currency for bitcoin any day because they have lost faith in fiat.

The spirit of bitcoin is working through the people who need it most, and also works through the markets (companies/industries like start ups or exchanges) to provide the needed bitcoin. It’s a fly-wheel that keeps spinning via the momentum of supply and demand, and shows no sign of pumping the breaks any time soon.

But, you know. Bitcoin is dead.

War At Dusk?

Trump’s emergency war cabinet meeting after the Iranian rocket attack was strangely anti-climatic.  Trump has engaged in non-substantive, face-saving military actions in the past, so maybe this is more of the same?  Iran and Trump playing an escalation game to its limits, but neither really having the balls to risk a real thing?  I hope that’s it.

Somehow, however, I wonder if this is the “calm before the storm.”  Usually, Trump obscures empty gestures with big rhetoric.  His rhetoric tonight is oddly measured.

There’s a real possibility that each side here is buying time and keeping a weak face while hard assets are positioned.  The fate of American hegemony could be at stake.  If Hormuz is closed for a short amount of time and the region can’t be stabilized or reoccupied any time soon, the fragile US economy could pop.  All you need is a week or two of wealth flowing from one set of assets into another, causing the pressure of the plumbing to drop, and the pipes to all collapse.  A sustained flight from stocks into gold, or something like that.  Long enough to break the machinery keeping the fake economy afloat.

There are rumors of Germany fleeing NATO’s boot to Putin’s Eurasian arms.  There are even rumors of Israel buddying up to China.  This is all hyperbolic, even unrealistic, but the point is that the current situation’s optics are as strategically important as anything else.  One or the other narrative will become “history” as the players in the middle pick their ultimate sides, and one side wins.

Both sides will claim the desire to avoid war until one or the other side makes the war happen.  Iran’s strategy would be simply to bait idiot Trump into an arrogant move which will surely punish Iran immensely, but be the perfect excuse to cripple the dying US empire.  A Shia “Samson option”.  Remember how happy Bin Laden was that Bush was elected?  Islam is a culture with a perceived historic destiny, and they think in terms of historic trends.  If there’s a war I think this will be the bad one.

Horrifically, I think Trump’s cabinet could have already picked the time of attack – which always starts just after dusk for tactical advantage.  It’s morning now in Iran, and Washington, D.C. is sleeping. Dawn was just breaking over there when Trump’s war council convened, and a public address was tentatively announced.  Then Trump delayed his big speech until his next morning.  What if they realized that the attack would have to wait about 10 hours before beginning?  What if the last words of the war council were, “Well, everyone go and get some sleep, it will be the last time anyone around here will be getting sleep any time soon.”

The speech has to start after the attack is well underway.

This may be the most plausible explanation of the admin’s odd silence.

Or, maybe they realized how badly they messed up and are finally playing it cool.  And we can get back to impeachment and Biden gaffes.

I hope by the time y’all in the states wake up we’ll all know that the situation has blown over.  I hope by the time most of you read this blogpost, it will already be irrelevant.  I hope.

 

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