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FDA to Review Pfizer Vaccine EUA Application Dec 10th – 1st Vaccinations as Early as Dec. 12

Millions Of Americans Ignore COVID Travel Warning, First Vaccinations Expected Dec. 11: Live Updates

Tyler Durden

Sun, 11/22/2020 – 11:01

Summary:

More than 1 million ppl traveled through US airports Friday
US cases top 12 millio

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This article was originally published by ZeroHedge.

Millions Of Americans Ignore COVID Travel Warning, First Vaccinations Expected Dec. 11: Live Updates Tyler Durden Sun, 11/22/2020 - 11:01
Summary:
  • More than 1 million ppl traveled through US airports Friday
  • US cases top 12 million
  • WH vaccine czar targets Dec. 11 for first shots
  • US cases near records
  • Portugal imposes travel freeze
  • France outbreak slows
  • Greece sees back-to-back days of record deaths
* * * As we reported last night, COVID-19 cases in the US surpassed 12 million, adding a million new cases in under a week, the fastest rate yet. Meanwhile, the pace of deaths has accelerated globally; on Friday, the world reported more than 11k new deaths in a single day, the highest daily number yet. In the US and Europe, deaths are finally creeping higher alongside hospitalizations as rising case numbers finally start to translate to more serious cases as well. California set a new record yesterday by reporting more than 15k cases in a single day, the highest daily tally for any state in the US. With US cases at record highs, the CDC on Sunday elevated its travel warnings about traveling on cruise ships and venturing across state lines to see relatives. The agency raised its cruise ship travel warning level to 'Level 4' from 'Level 3', while Reuters reported that millions of Americans were set to flout the agency's warnings about travel. More than 1 million people traveled through American airports on Friday, according to data from the Transportation Security Administration, fueling fears of even greater spread of the virus. It was the second-heaviest domestic air traffic day since the start of the pandemic. "This is the 2nd time since the pandemic passenger volume has surpassed 1 million," TSA spokeswoman Lisa Farbstein wrote on Twitter on Saturday. On Sunday morning, White House vaccine czar Dr. Moncef Slaoui told CNN's Jake Tapper that a coronavirus vaccine could be available by Dec. 11. The doctor also talked up the potential of the vaccine, saying data showing the vaccine to be "95% effective" surpassed expectations, and offers almost a "full insurance policy" against the virus. In Europe, Portugal will freeze movement between towns between Nov. 28-Dec. 1 and Dec. 5-8, two periods that include weekends and national holidays on each following Tuesday. The number of daily new infections continues to be “worrying,” even if the pace of growth has decelerated, Prime Minister Antonio Costa said. Here's some more COVID-19 news from Sunday morning and overnight: France’s virus cases rose by 17,881 to 2.13 million on Saturday, with the pace of new infections continuing the slowdown of the past two weeks. The seven-day average of new cases fell to 24,636 cases, the lowest in a month and less than half the pace two weeks ago (Source: Bloomberg). New Jersey reported a record 4,679 new coronavirus cases, bringing its total to more than 300,000 since the start of the outbreak in March. The state has reported more than 60,000 cases this month amid a resurgence. Hospitalizations have more than doubled since Nov. 1, to 2,552 as of Nov. 20. New Jersey has 486 patients in intensive care, up from 212 on Nov. 1 (Source: Bloomberg). Greece reported 108 more deaths, a second straight record increase, and intensive-care units in Greek hospitals are 82% occupied. Plans to begin a gradual lifting of nation-wide lockdown restrictions on Dec. 1 are no longer realistic, government spokesman Stelios Petsas said Friday (Source: Bloomberg).

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The Shadow State: Twitter Suspends Commentator For Criticizing Vaccine Policies

The Shadow State: Twitter Suspends Commentator For Criticizing Vaccine Policies

Authored by Jonathan Turley,

I recently discussed how the Biden Administration was actively encouraging corporations to limit speech and impose vaccines mandates

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The Shadow State: Twitter Suspends Commentator For Criticizing Vaccine Policies

Authored by Jonathan Turley,

recently discussed how the Biden Administration was actively encouraging corporations to limit speech and impose vaccines mandates as a type of shadow state.

Rather than take such actions directly ( and face both legal and political challenges), the Administration is relying on its close alliance with Big Tech and other companies to carry out such tasks. That surrogate relationship is particularly clear in the expanding censorship program carried out by the Twitter, Facebook and other companies.

Twitter’s actions against political commentator Dave Rubin is an example of how these companies are now dispensing with any pretense in actively barring criticism of government policies and viewpoints.

Rubin was locked out under the common “misinformation” claim by Twitter. However, his tweet was an opinion based on demonstrably true facts. One can certainly disagree with the conclusion but this is an example of core political speech being curtailed by a company with a long history of biased censorship, including the barring of discussions involving Hunter Biden’s laptop before the election.  With a new election looming, these companies appear to be ramping up their censorship efforts.

In his tweet, Rubin stated:

“They want a federal vaccine mandate for vaccines which are clearly not working as promised just weeks ago. People are getting and transmitting Covid despite vax. Plus now they’re prepping us for booster shots. A sane society would take a pause. We do not live in a sane society.”

Even President Biden admitted yesterday that he was wrong weeks ago when he assured people that if they took the vaccine, they would not be at risk for the variants and could dispense with their masks. There are breakthrough cases that have taken many officials by surprise. It is also true that there is now talk of likely booster shots.

Rubin takes those facts and adds his opinion that we should “take a pause.”

Twitter declared that to be a violation of its policy “on spreading misleading and potentially harmful information related to COVID-19.”

As always, Twitter simply refuses to explain its censorship decision beyond these generalized, categorical statements. It is not clear if Twitter is calling these facts misinformation or objecting to Rubin’s opinion about a pause. It does not matter. Twitter does not like his viewpoint and does not want others to read it or discuss it.

This is precisely what Democratic leaders pressed Twitter to do in past hearings. As previously discussed the hearing with Twitter CEO Jack Dorsey who followed up his apology for censoring the Hunter Biden story but pledging more censorship. One of the most chilling moments came from Delaware Senator Chris Coons who demonstrated the very essence of the “slippery slope” danger.

Dorsey: Well, misleading information, as you are aware, is a large problem. It’s hard to define it completely and cohesively. We wanted to scope our approach to start to focus on the highest severity of harm. We focused on three areas, manipulated media, which you mentioned, civic integrity around the election, specifically in public health, specifically around COVID. We wanted to make sure that our resources that we  have the greatest impact on where we believe the greatest severity of harm is going to be. Our policies are living documents. They will evolve. We will add to them, but we thought it important that we focus our energies and prioritize the work as much as we could.

Coons: Well, Mr. Dorsey, I’ll close with this. I cannot think of a greater harm than climate change, which is transforming literally our planet and causing harm to our entire world. I think we’re experiencing significant harm as we speak. I recognize the pandemic and misinformation about COVID-19, manipulated media also cause harm, but I’d urge you to reconsider that because helping to disseminate climate denialism, in my view, further facilitates and accelerates one of the greatest existential threats to our world. So thank you to both of our witnesses.

Notably, Dorsey starts with the same argument made by free speech advocates: “Well, misleading information, as you are aware, is a large problem. It’s hard to define it completely and cohesively.” However, instead of then raising concerns over censoring views and comments on the basis for such an amorphous category, Coons pressed for an expansion of the categories of censored material to prevent people from sharing any views that he considers “climate denialism”

There is, of course, a wide array of views that different people or different groups would declare “harmful.” Indeed, Connecticut Senator Richard Blumenthal seemed to take the opposite meaning from Twitter admitting that it was wrong to censor the Biden story. Blumenthal said that he was “concerned that both of your companies are, in fact, backsliding or retrenching, that you are failing to take action against dangerous disinformation.” Accordingly, he demanded an answer to this question:

“Will you commit to the same kind of robust content modification playbook in this coming election, including fact checking, labeling, reducing the spread of misinformation, and other steps, even for politicians in the runoff elections ahead?”

“Robust content modification” has a certain Orwellian feel to it. It is not content modification. It is censorship.

The Rubin controversy captures this raw and biased censorship by Twitter and the other Big Tech companies. They do not want people to read such dissenting views so they declare them to be misinformation and ban the poster. It also shows how such censorship becomes insatiable and expansive with time. Once you give censors the opportunity to silence others, history shows that the desire for greater and greater censorship builds inexorably. We now have the largest censorship system outside of China and it is entirely run by private companies closely aligned with one party.

As Orwell wrote in 1984:

“And when memory failed and written records were falsified—when that happened, the claim of the Party to have improved the conditions of human life had got to be accepted, because there did not exist, and never again could exist, any standard against which it could be tested.”

Tyler Durden Fri, 07/30/2021 - 19:00

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America’s Top Graduates Don’t Want Jobs On Wall Street

America’s Top Graduates Don’t Want Jobs On Wall Street

Even after trading Midtown and Wall Street skyscrapers for the familiarity of their parent’s basement, the army of junior investment banking analysts employed at Goldman Sachs and the…

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America's Top Graduates Don't Want Jobs On Wall Street

Even after trading Midtown and Wall Street skyscrapers for the familiarity of their parent's basement, the army of junior investment banking analysts employed at Goldman Sachs and the other major investment banks quickly found that there was no way to avoid the punishing 90+ hour weeks that are a hallmark of the investment-banking analyst programs across Wall Street. However, with the explosion of deals during the pandemic, a cadre of Goldman junior analysts decided to go public with their complaints about the hopelessly skewed work-life balance.

That sparked a conversation about whether investment banking analyst slots, once seen as a virtually guaranteed path to success in one of the world's most lucrative industries, were still worth the tremendous effort required to succeed. While the jobs typically offer six-figure compensation packages, competition from the world of tech - not to mention the buy side, where both work-life balance and compensation are more desirable - has stunted their allure.

And as bankers rebel against management's demands that they return to offices full-time, the NYT has just published a story proclaiming that "the lure of investment banking is fading" for the youngest members of the workforce.

To try and give their reporting an empirical basis, the NYT cited data from top MBA programs showing fewer graduates are finding jobs on Wall Street.

The number of applicants to banking analyst programs is hard to track, but business school data, which captures a slightly older cohort of potential financiers, shows a broad decline in interest in investment banking. Last year, the five top-ranked U.S. business schools sent, on average, 7 percent of graduates from their master’s of business administration programs into full-time investment banking roles, down from 9 percent in 2016. The decline was pronounced at the University of Pennsylvania’s Wharton School, where bankers were 12 percent of the M.B.A. cohort in 2020, compared with more than a fifth of the class a decade earlier. Harvard sent just 3 percent of its 2020 class.

After the data, the reporters included a comment from an Accenture consultant who specializes in recruiting.

"The industry is not as attractive" as it once was, said Rob Dicks, a consultant at Accenture who specializes in recruiting in financial services. "Employees want a hybrid model, and the banks are saying no," he said, referring to a combination of in-person and remote work. "The message is: 'The bank knows best, we have a model for doing this, and you will conform to that model.'"

But perhaps the most tantalizing detail included in the story was an interview with Jamie Lee, the son of legendary JPM banker Jimmy Lee. Apparently, before his death, Jimmy Lee advised his son not to accept an offer for an analyst position.

"The technology sector has just completely changed the game," said Jamie Lee, 37, who worked in banking before starting a venture-capital firm this year. "The opportunity cost is simply too high to be sticking around in a job where you’re not getting the treatment that you want."

Mr. Lee’s father, the JPMorgan banker Jimmy Lee, was for decades one of the best-known players in his field, advising companies like Facebook and General Motors before he died in 2015. But when the younger Mr. Lee was finishing college in the mid-2000s, his father urged him to avoid the analyst programs.

"He said, 'Honestly, J, the way that I’ve seen that we work these kids, I’m not sure that I want that for you,'" Mr. Lee recalled.

Even foreign students who once comprised one of the most reliable cohorts for young Wall Street recruits due to the high pay and visa help see tech companies as their No. 1 choice. If they are going into banking, most are hoping to work as an engineer, not a banking analyst.

Before graduating from Mount Holyoke College in 2016, Areeba Kamal worked for a summer as a trading intern handling complex bond products at Bank of America’s Midtown Manhattan tower. She arrived around 8:30 a.m. and often stayed until 10:30 p.m., trying to learn the intricacies of her product. She sent money to her family in Pakistan.

"If you’re an international student, early on you realize your two options are finance and tech," said Ms. Kamal, 29, noting that those fields offer the most pay and help with work visas.

But after that summer in finance, she gravitated toward tech. “I don’t want to work 14 to 15 hours a day on something I don’t care about because it pays a ridiculous amount of money,” Ms. Kamal said. She now works for Apple.

In summary, maybe Goldman CEO David Solomon shouldn't have been so dismissive of his junior employees' complaints.

Tyler Durden Fri, 07/30/2021 - 18:40

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International

Wrong Predictions Don’t Deter The Predictors

Wrong Predictions Don’t Deter The Predictors

Authored by Cal Thomas via The Epoch Times,

We have always had them among us: fortune tellers, diviners, readers of palms, tarot cards, tea leaves, stars, horoscopes, discerners of animal entrails

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Wrong Predictions Don't Deter The Predictors

Authored by Cal Thomas via The Epoch Times,

We have always had them among us: fortune tellers, diviners, readers of palms, tarot cards, tea leaves, stars, horoscopes, discerners of animal entrails, calling on gods of wood and stone, and all sorts of other “seers” who have attempted to convince the gullible that they have the power to predict the future.

To some, climate change proponents are little more than modern-day soothsayers that media continues to legitimize, even when their dire predictions of global catastrophe turn out to be not so dire.

The latest, but assuredly not the last, is President Biden’s climate envoy, John Kerry. Kerry, whose scientific credentials are nonexistent, recently predicted we have only “100 days” to save the planet from climate disaster. That “Chicken Little” prediction was made at the U.N. Climate Summit a few days ago, so we had better subtract the days that have followed.

Kerry said on “CBS This Morning” in February that the world has “nine years” to avert a climate catastrophe.

What happened in the last five months to advance his forecast? He doesn’t say and reporters won’t ask him.

In 1967, a Los Angeles Times story reported, “It is already too late for the world to avoid a long period of famine,” this according to Stanford University biologist Paul Ehrlich, author of the controversial book “The Population Bomb.” Ehrlich also said the U.S. population was “too big” and that involuntary birth control might have to be imposed through sterilizing agents put into staple foods and drinking water. Ehrlich added the Roman Catholic Church might have to be pressured into going along to control the population. In 2018, Ehrlich was still at it claiming that climate disruption was “killing people” and that the collapse of civilization is a “near certainty.”

America is not experiencing a famine, is it? And contrary to too large a U.S. population, the 2020 Census Bureau report showed that the U.S. population has slowed in the past 10 years to its lowest rate since the 1930s. To quote from a Stephen Sondheim musical, “I’m still here.”

In 1970, a scientist named James P. Lodge, Jr. predicted “a new ice age” by the 21st century. Here we are 21 years into the 21st century and some experts are saying the opposite. No wonder critics call it junk science.

Apologists often claim their predictions were based on information available at the time. Yet they want to make changes that would affect our lives and lifestyles, perhaps forever. It’s all about control, not individual freedom.

In 1972, two members of the Department of Geological Science at Brown University wrote President Richard Nixon following a “meeting of 42 top American and European investigators.” Their letter said, “The main conclusion of the meeting was that a global deterioration of climate, by order of magnitude larger than any hitherto experienced by civilized mankind, is a very real possibility, and indeed may be due very soon.”

Nearly 50 years later we are still waiting on the sky to fall.

There’s much more for anyone who takes time to do the research.

Today, because of fear surrounding COVID-19, we have similar apocalyptic statements emanating from politicians and scientists. Are these statements their attempt to obtain more power for themselves and rob us of our individual liberties and the right to make our own choices?

Has much changed since those ludicrous statements were made a half-century ago? Are doomsday predictions being repeated in new ways today by John Kerry and his fellow climate scare travelers?

Will we resist, or blindly follow?

Tyler Durden Fri, 07/30/2021 - 18:20

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