Brazil's Bolsonaro challenges election loss, files petition demanding votes be annulled

Story by Julia Jones • Yesterday 

Outgoing Brazilian President Jair Bolsonaro has filed a petition with Brazil election authorities formally contesting the results of this year’s fiercely contested presidential vote.

Bolsonaro narrowly lost a run-off vote last month to leftist rival Luiz Inacio Lula da Silva, popularly known as “Lula,” who is due to be inaugurated as president on January 1.

Since then Bolsonaro has stopped short of explicitly conceding that he lost, but has previously said he would “continue to fulfill all commandments of the constitution” – leading observers to believe that he would cooperate with the transfer of power.

But in the petition filed on Tuesday, Bolsonaro and the leader of his right-wing Liberal Party allege that some voting machines had malfunctioned and any votes cast through them should be annulled.

Citing analysis done by a company hired by Bolsonaro’s party, the complaint claims that removing those votes would hand Bolsonaro victory.

Responding to Bolsonaro’s petition, election authorities said that since the same voting machines were used in the first round of elections, Bolsonaro and his party must amend their complaint to include those results in order for the process to make its way through the courts, affiliate CNN Brasil reported.

Related video: Brazil's electoral court rejects Bolsonaro election challenge
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Alexandre Moraes, chief justice of the Supreme Electoral Court, gave Bolsonaro and his petitioners 24 hours to amend their submission.

But on Wednesday, Bolsonaro’s Liberal Party responded requesting that the scope remain limited to second-round voting.

Liberal Party officials also held a press conference in which they doubled down on claims that some ballots used in the second round of elections could be liable to error, but claimed they did not aim to contest the results.

“We do not intend to stop anyone from taking office, just that they follow the law. If there are indications [of error], this ballot cannot be taken into account,” said Liberal Party President Valdemar Costa Neto.

“We are not asking for a new election, that would be crazy,” he added.

Last month’s heated election came amid a tense and polarized political climate in Brazil, which has been struggling with high inflation, limited growth and rising poverty.

Lula da Silva received more than 60 million votes – according to the election authority’s final tally – the most in Brazilian history and breaking his own record from 2006.

Reporting contributed by Camilo Rocha in Sao Paulo.

EDUCATION IS PROFESSIVE IT IS DANGEROUS

Teachers' Union Leader Hits Back After Pompeo Calls Her the 'Most Dangerous Person in the World'

Randi Weingarten, president of the American Federation of Teachers, speaks during a March for Our Lives rally on June 11, 2022 in Washington, D.C.

 Photo: Paul Morigi/Getty Images for March For Our 


KENNY STANCIL

November 22, 2022

Randi Weingarten, president of the American Federation of Teachers, defended the egalitarian legacy and aspirations of public education Monday after former U.S. Secretary of State Mike Pompeo accused her of being "the most dangerous person in the world.

"Maybe spend a minute in one of the classrooms with my members and their students and you will get a real lesson in the promise and potential of America," said AFT president Randi Weingartenn "

In an interview with Semafor, Pompeo said: "I tell the story often—I get asked, 'Who's the most dangerous person in the world? Is it Chairman Kim, is it Xi Jinping?' The most dangerous person in the world is Randi Weingarten."

"It's not a close call," Pompeo, who worked in the Trump administration and is considered a potential Republican presidential candidate, continued. "If you ask, 'Who's the most likely to take this republic down?' It would be the teachers' unions, and the filth that they're teaching our kids, and the fact that they don't know math and reading or writing."

While the news outlet failed to push back on Pompeo's absurd claims, Weingarten took to Twitter to defend her union and the institution of public education.

Admitting that she wasn't sure whether to characterize Pompeo's remarks "as ridiculous or dangerous," Weingarten noted that he defended tyrants in various parts of the world during his tenure with the State Department.

Pompeo "was more focused on pleasing Trump than fighting for freedom, national security, and democracy," said Weingarten.

The American Federation of Teachers (AFT), by contrast, fights "for freedom, democracy, and an economy that works for all," Weingarten continued. "We fight for what kids and communities need: Strong public schools that are safe and welcoming, where kids learn how to think and work with others."

"And we fight against this kind of rhetoric and hate," she added. "Maybe spend a minute in one of the classrooms with my members and their students and you will get a real lesson in the promise and potential of America."



Pompeo's attack on teachers' unions and inclusive curriculum comes amid an ongoing right-wing censorship campaign and broader assault on public school students and employees.

A recent analysis by PEN America detailed how 138 school districts across 32 states have prohibited more than 1,600 titles in classrooms and libraries since July 2021. The vast majority of banned books deal with LGBTQ+ themes, address racism, contain sexual content, or are related to activism.

In addition, according to PEN America, Republican lawmakers in 42 states have introduced more than 190 bills since January 2021 that seek to limit the ability of educators and students to discuss gender, racial inequality, and other topics—including a growing number of proposals to establish so-called "tip lines" that would empower parents to discipline teachers. Nearly two dozen educational gag orders have been enacted in more than a dozen states.

In an opinion piece published before far-right Florida Gov. Ron DeSantis signed the state's infamous "Don't Say Gay" bill, Washington Post columnist Greg Sargent argued that the GOP's tidal wave of repressive education legislation has "an obvious purpose: to make teachers feel perpetually on thin ice, so they shy away from difficult discussions about our national past rather than risk breaking laws in ways they cannot themselves anticipate."

"But there's another, more pernicious goal driving these bills that might well succeed politically precisely because it remains largely unstated," Sargent continued. "The darker underlying premise here is that these bills are needed in the first place, because subversive elements lurk around every corner in schools, looking to pervert, indoctrinate, or psychologically torture your kids."

The "combination of... vagueness and punitive mechanisms such as rights of action and tip lines" is intentionally designed to promote self-censorship, wrote Sargent. "Precisely because teachers might fear that they can't anticipate how they might run afoul of the law—while also fearing punishment for such transgressions—they might skirt difficult subjects altogether."

He added that "calls for maximal parental choice and control in schools have been used by the right for decades as a smoke screen to sow fears and doubts about public education at its ideological foundations."

On Tuesday, U.S. Rep. Jamaal Bowman (D-N.Y.), a former middle school principal, called Pompeo's comments about Weingarten "outrageous, dangerous, and asinine."

"Radical republicans hate education," he said, "because it cripples their lies and fear-mongering. I stand with Randi Weingarten and all teachers in the fight for our kids, our democracy, and our planet."

American Federation of State, County, and Municipal Employees (AFSCME) president Lee Saunders, meanwhile, said in a statement that "if Mike Pompeo really thinks Randi Weingarten is 'the most dangerous person in the world,' then he is the most clueless person in the world."

"More likely, though, this is just a stunt by a politician desperate to get attention for a longshot presidential run," said Saunders. "Either way, what a relief that a man who calls an educator a greater security threat than global dictators is no longer in charge of our diplomatic relations around the world. While Pompeo continues to bluster, Randi will keep working for safe, vibrant schools that enrich our children and strengthen our communities."

This article has been updated to include a statement from AFSCME president Lee Saunders.

Teachers’ union head accuses Pompeo of stoking hate with ‘filth’ comments

Story by Steven Greenhouse • Yesterday

 The Guardian

Randi Weingarten, the president of the American Federation of Teachers (AFT), has denounced the former secretary of state Mike Pompeo for calling her “the most dangerous person in the world” and asserting that the nation’s schoolteachers teach “filth”.


Photograph: Aaron Bernstein/Reuters

Speaking to the Guardian Weingarten said Pompeo’s remarks were not just demagogic, but also dangerous, warning that they could incite violence. She said Pompeo, who also served as Donald Trump’s CIA director, attacked her because she is “Jewish, gay, teacher and union” and was clearly stoking rightwing hate as he considers a presidential run.

“This is initially directed to the Republican donor class so he can tap into the boatloads of money that billionaires have given to wage this culture war,” Weingarten said, adding that Pompeo – widely expected to run for president in 2024 – was “trying to garner money from that donor base that gave $50m for anti-trans ads, during the recent election”.

“Separate and apart from that,” she continued, “it’s also an attempt to pull away the Maga Republican base from Trump and [the Florida governor, Ron] DeSantis, to show he’s an even more extremist Maga than they are.”

In an interview with Semafor this week, Pompeo said: “I get asked, ‘Who’s the most dangerous person in the world? Is it Chairman Kim, is it Xi Jinping?’ The most dangerous person in the world is Randi Weingarten. It’s not a close call. If you ask, ‘Who’s the most likely to take this republic down?’ It would be the teachers’ unions, and the filth that they’re teaching our kids, and the fact that they don’t know math and reading or writing.”

Weingarten, who has been president of the AFT since 2008, told the Guardian she thought Pompeo was attacking her because she is “Jewish, gay, teacher and union”.

AND SHE IS A WOMAN

Related video: Mike Pompeo names world's most dangerous person, and it's not Putin

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“It’s all of the above,” Weingarten said. “It’s an anti-public school strategy. The antisemitic tropes are there. The anti-gay tropes are there. It’s anti-union. It’s anti-teacher. It’s all of the above. But the effect is it really hurts what teachers are trying to do to help kids every single day.”

Weingarten was especially upset about Pompeo’s assertion that the nation’s educators were teaching “filth” to children. She saw that as a dangerous smear that built on QAnon conspiracy assertions that teachers were grooming children. Her union, the AFT, has more than 1.5 million members and is the second largest teachers’ union, behind the National Education Association.

“I’m really concerned about his use of the word ‘filth’ to talk about what teachers do,” Weingarten said. “It’s not just the new code for groomers and all the other lies they tell about what teachers are doing at school. But it is intended to worry and divide parents. It is intended to create danger and chaos. How do you call teaching The Diary of Anne Frank or teaching about Ruby Bridges or helping kids be who they are or helping ease their anxieties or teaching math, or science or social studies or English, how dare he call that filth?

“For him to call what teaches do filth is pathetic,” Weingarten continued. “It’s politically expedient for him, but it’s dangerous to teachers across the country. He’s a guy who clearly knows better.

“Words really matter. There’s a lot of people who are starting to talk about stochastic terrorism and what the effect of that is,” she said. (Stochastic terrorism is the public demonization of a person or group that incites an individual’s violent act against the demonized group.) “I am really worried with every passing day about this extremist rhetoric. It has a real chance of turning into violence. Look at what just happened in Colorado Springs. Look at what happened in the Buffalo grocery store in a primarily black neighborhood.”



Mike Pompeo. ‘He clearly knows better,’ said Weingarten.

 Photograph: Steven Senne/AP

After Pompeo’s attack, Weingarten has received plenty of public support.

The MSNBC anchor Chris Hayes said Pompeo’s comments were “truly deranged”. Congressman Jamaal Bowman, a New York Democrat, said Pompeo’s remarks were “outrageous, dangerous and asinine”. He added, “Radical Republicans hate education, because it cripples their lies and fearmongering.” Representative Pramila Jayapal, a Washington Democrat, said, “@rweingarten is a national treasure, representing the voices of millions of educators who are essential for the wellbeing of our families.”

Lee Saunders, president of the American Federation of State, County and Municipal Employees, said Pompeo’s statement that Weingarten is the most dangerous person in the world shows that Pompeo “is the most clueless person in the world”. “This is just a stunt by a politician desperate to get attention for a long-shot presidential run,” Saunders said. “While Pompeo continues to bluster, Randi will keep working for safe, vibrant schools that enrich our children and strengthen our communities.”

Weingarten said that Pompeo resorted to such extreme rhetoric because he realizes that his potential candidacy can only work if he attracts some billionaire donors who will give to him rather than Trump or DeSantis. “The donor class that he’s looking for are the ones that are anti-public schools, anti-teachers, anti-teachers’ union,” Weingarten said. “They’re using fear and divisiveness in the culture wars to drive a wedge, a wedge between teachers and parents. The fact that he [Pompeo] would do this shows just how demagogic people like him are in their pursuit of power.”

‘The Conspiracy’ Review: A Documentary Traces the History of Anti-Semitic Conspiracy Theory

Story by Owen Gleiberman • Yesterday 
Variety

“The Conspiracy” is a documentary that traces the history of anti-Semitic conspiracy theory, and it’s a film you may be surprised that no one has made until now. The subject, of course, couldn’t be more timely. The film arrives at a moment when these insidious ideas, which seem to have the life of Hydra heads (you can cut them off but can’t kill them), are reasserting their way back into politics and culture. Kanye West and his crackpot tweets grab headlines, but it’s important to note that Ye’s point-of-view mirrors the mindset of increasing numbers of right-wing true believers in Europe and America. That gives “The Conspiracy” value as a weapon against injustice.

Beyond that, though, there’s a vital and disquieting fascination to seeing a film connect the dots of hate, fear, and false narrative that have demonized Jewish people by turning the conspiracies about them into a larger-than-life mythology. The theories — that Jewish bankers, businessmen, and media barons secretly control the world, that Jews are rogue agents of destruction — constitute a kind of alternate history. Yet as “The Conspiracy” strikingly argues, in the last 150 years these theories have been an ongoing and essential strand ­of the forces that drive real history.

More from Variety
Anti-Semitism Documentary 'The Conspiracy' in Production (EXCLUSIVE)

There’s one thing the documentary doesn’t make a point of, but I will. In the 19th century, the world, for the first time, was becoming seriously unified through the forces of the Industrial Revolution. The trading of goods went back further than that, of course, but this was about the ratcheting up of trade, travel, and communication to unprecedented new levels. It was the dawn of globalization, and anti-Semitic conspiracy theory, as hideous and fantasy-based as it is, is in effect a myth of globalization, a vicious way to make sense of a world that’s become unified in a radical new way. If the world is unified, then who controls it? The answer is no one, but anti-Semitic conspiracy theory provides a debased answer to that question, imposing a sick kind of order on the natural disorder.

The roots of anti-Semitism go back to the blaming of Jews for Christ’s death and the “blood libel” of the 12th century that accused Jews of murdering children in private ceremonies as a way to restage the Crucifixion. But according to “The Conspiracy,” the birth of actual conspiracy theory about Jews dates back to the French Revolution, when the Jesuit priest Augustine Barruel argued that the Revolution itself was a conspiracy, planned and executed by a network of secret societies. Barruel received a lot of fan mail, and one letter asked him why it was only in passing that he mentioned “the Hebrew sect,” which the letter writer linked, through the Jews’ alleged leverage over gold and silver, to control of the Illuminati, the Jacobins, and the Freemasons, “seeking to destroy the name of Christ wherever possible.”

Barruel, sharing that letter with powerful people all around the world, became the person responsible for launching the modern theory of a secret Jewish cabal. After receiving the letter, Russia’s Czar Nicolas I became convinced that a Jewish conspiracy was overtaking Europe, and he began his rule by banning Jews from major cities, restricting where they could live to a desolate Southwestern territory known as the Pale of Settlement. Throughout Europe, the issue of whether Jews should have civil rights became the subject of debate.

All of this plays like the assembling of clues in an appalling detective story. But then the documentary reaches the Dreyfus Affair, the famous case of the French Jewish artillery officer Alfred Dreyfus (scion of the Dreyfus banking clan, though his wing of the family had been manufacturers of textiles), who was wrongfully accused of treason in 1894. Up until now, the film has used bits and pieces of animation to illustrate historical situations, but it turns the story of the Dreyfus Affair into a lengthy self-contained animated sequence. The images, done with motion capture, have a black-and-pewter handsomeness, though they’re not particularly expressive, and they slow the movie down.

“The Conspiracy” makes key connections for us: how the Dreyfus Affair (though it ended on a note of justice) seeded France with anti-Semitic poison, how the murderous pogroms of the 19th century were all based on destroying the threat posed by the “hidden power” of Jews, and how “The Protocols of the Elders of Zion,” the scandalous literary forgery that was published in Russia in 1903, became, in effect, the formative artifact of right-wing fake news. It was a bogus documentary in book form, purporting to record a meeting of late-19th-century Jewish leaders as they launch a plot for world domination.

I would have liked to hear more about how “The Protocols” went out into the world, and how the lies contained within it connect to lies in our own time. (It’s not much of a leap from the mythic demonization of the Warburgs to the mythic demonization of George Soros.) And I wish that the film’s writer-director, Maxim Pozdorovkin (“Our New President”), relied less on the dogged, earnest, and rather storybook-simple animation, which at times seems to be doing the work that a gathering of archival evidence could have done much better. Even the voices of actors like Liev Schreiber and Jason Alexander can’t do much to relieve the impersonality.

Yet “The Conspiracy” still accomplishes something important and, at times, mind-opening. It puts together how anti-Semitic conspiracy theory was the snake that slithered through World War I, the Russian Revolution (most spectacularly through the figure of Leon Trotsky, the Bronstein family heir who fantasized that the embrace of Marxism could wipe out anti-Semitism), and the rise of Nazi Germany. The movie records how Henry Ford, who had published “The Protocols of the Elders of Zion” in his newspaper, The Dearborn Independent, made a substantial financial contribution to the fascist movement in Germany. And in doing so it lends a newly filled-in context to the rise of Hitler, one that doesn’t allow us to say, as so many Holocaust documentaries do, “That was then, this is now.” That the snake still lives makes you wonder: Where does it slither next?

LA REVUE GAUCHE - Left Comment: The Origin of American Conspiracy Theories

LA REVUE GAUCHE - Left Comment: Search results for Conspiracy Theory 

LA REVUE GAUCHE - Left Comment: Search results for Conspiracy 

Report: Saudi Public Investment Fund asks for 'sovereign immunity' in court battle with PGA Tour

Story by Tim Schmitt • Golfweek

While LIV Golf attorneys are trying to shed light on the PGA Tour’s organizational structure and financial dealings as part of an anti-trust lawsuit, the head of Saudi Arabia’s Public Investment Fund has insisted it shouldn’t have to do the same, claiming “sovereign immunity.”


LIV Golf Miami© Provided by Golfweek

According to a report from Bloomberg News, PIF Governor Yasir Al-Rumayyan on Tuesday asked a federal judge in California to quash a request by the PGA Tour to compel their testimony and produce documents for a lawsuit accusing LIV of unfair competition for offering players lucrative deals to break their PGA contracts.

The original suit, which was filed back in August by Phil Mickelson and 10 other golfers, was taken over by LIV Golf, which is under the PIF umbrella.

However, officials for the Saudi-run firm said they only have high-level oversight over LIV Golf and don’t deal with day-to-day operations. The request also stated the move could set a “dangerous precedent” if PIF had to reveal its books, as the company has investments in major corporations like Walmart and Starbucks and could be ripe for similar requests over any suits filed against companies it holds. The wealth fund, which was organized in 1971 as a means for the Saudi Arabian government to invest in various projects and companies, is currently estimated to be worth $676 billion.

“Now that LIV (Golf) is involved, it’s not necessary for me to be involved,’’ Mickelson said in September when he dropped out of the suit. “The only reason for me to stay in is (monetary) damages, which I don’t really want or need anything. I do think it’s important that the players have the right to play when and where they want, when and where they qualify for. And now that LIV (Golf) is a part of it, that will be accomplished if and when they win.’’

The original lawsuit, obtained by Golfweek, states:
As the Tour’s monopoly power has grown, it has employed its dominance to craft an arsenal of anticompetitive restraints to protect its long-standing monopoly. Now, threatened by the entry of LIV Golf, Inc. (“LIV Golf”), and diametrically opposed to its founding mission, the Tour has ventured to harm the careers and livelihoods of any golfers, including Plaintiffs Phil Mickelson, Talor Gooch, Hudson Swafford, Matt Jones, Bryson DeChambeau, Abraham Ancer, Carlos Ortiz, Ian Poulter, Pat Perez, Jason Kokrak, and Peter Uihlein (“Plaintiffs”), who have the temerity to defy the Tour and play in tournaments sponsored by the new entrant. The Tour has done so in an intentional and relentless effort to crush nascent competition before it threatens the Tour’s monopoly.

The PGA Tour then sent the U.S. District Court of Northern California a 32-page response to the initial lawsuit, plus a separate seven-page example of what it calls mischaracterizations and mistruths presented by the LIV players.

It then added a countersuit in September, seeking damages for brand and reputation damage.

While LIV has alleged the Tour uses monopoly power and illegally suspended players, the Tour’s countersuit claims LIV is using players, “and the game of golf to sportswash the recent history of Saudi atrocities and to further the Saudi Public Investment Fund’s Vision 2030 initiatives.”

LIV Golf has long been criticized as a way for the Kingdom to sportswash its human rights record with guaranteed money and multi-million dollar deals. Saudi Arabia has been accused of wide-ranging human rights abuses, including politically motivated killings, torture, forced disappearances and inhumane treatment of prisoners. And members of the royal family and Saudi government were accused of involvement in the murder of Jamal Khashoggi, a Saudi journalist and Washington Post columnist.MORE:

New York becomes first state to restrict cryptocurrency mining

Story by Zach Schonfeld • Tuesday

New York Gov. Kathy Hochul (D) on Tuesday signed a law temporarily restricting cryptocurrency mining in the state over environmental concerns, making it the first state nationwide to implement such a move.


NY governor declares disaster in state over monkeypox outbreak© Provided by The Hill

The bill was delivered to the governor on Tuesday after the state legislature passed the measure in June, and The Associated Press reported that Hochul signed the measure.

The restrictions also come after the collapse of cryptocurrency exchange FTX, which has led to growing scrutiny of the industry.

But the New York law instead takes aim at the technology’s environmental impact, establishing a two-year moratorium on permits for fossil fuel plants used for cryptocurrency mining that utilizes “proof-of-work authentication.”

The technology, which is used for Bitcoin and other cryptocurrencies, requires large amounts of energy, and the law’s text suggests its use makes achieving the state’s climate goals more difficult.


Related video: New York Restricts Crypto Mining
Duration 1:02
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The law also mandates the state’s Department of Environmental Conservation study the environmental impact of mining operations that use the authentication method.

“It is the first of its kind in the country and a key step for New York as we work to address the global climate crisis,” Hochul wrote in a memo approving the bill, which was tweeted by Times Union reporter Josh Solomon.

The bill in part led to a flurry of lobbying activity from the industry. Bloomberg reported in February that pro-cryptocurrency groups were spending $1.5 million on a lobbying blitz in the state.

Hochul during a debate for her re-election last month said she was “looking at that bill closely” and remained noncommittal, while Republican gubernatorial nominee Lee Zeldin said he wouldn’t sign it.

The Digital Chamber of Commerce, a cryptocurrency trade association, issued a statement indicating disappointment with Hochul’s decision on Tuesday.

“To date, no other industry in the state has been sidelined like this for its energy usage,” the group wrote on Twitter. “This is a dangerous precedent to set in determining who may or may not use power.”

“The PoW mining industry has been spurring economic growth, job creation, and inclusion for historically underrepresented populations in New York, while also creating financial incentives for the buildout of renewable energy infrastructure,” the group added. “With this legislation becoming law, we expect the mining companies, or those considering business in the state, to leave and head to more friendly regulatory jurisdictions in the U.S. – a trend far too many industries in New York State are realizing daily.”

The Hill.

City of Hamilton discovers 26-year leak of sewage into Hamilton Harbour

Story by Bobby Hristova • Tuesday


The City of Hamilton says it has just discovered sewage has been leaking into the Hamilton Harbour for 26 years because of a hole in a combined sewage pipe in the industrial sector.

It's unclear how much sewage has spilled into the harbour.

But Nick Winters, director of Hamilton Water, told reporters on Tuesday afternoon "it's going to be a big number," adding the city will publicly release the number as soon as they have it.

Carlyle Khan, general manager of public works, said Hamilton Water staff noticed something odd on security camera footage. Winters said that led to the discovery of the hole late Tuesday morning at the northeast corner of Wentworth Street North and Burlington Street East.

A preliminary investigation from staff notes they believe a consultant put the hole into the combined sewage pipe in 1996, Winters said.

"It appears the consultant involved in that work was under the impression all the sewers in that area were storm sewers and they designed a direct connection to a box culvert that leads out to Hamilton Harbour," he said.

"The situation we're describing to you today is something that shouldn't have happened."

What is impacted by the sewage spill?

City staff said the drinking water of Hamilton residents has not been affected by the newly discovered leak, but the spill will have impacted the environment of the harbour.

The outflow ends at a Hamilton Oshawa Port Authority Pier, Winters said.

Some 50 homes are tied into this pipe, but he said the water used by those homes has been going into the lake.

Winters said staff are looking at the amount of water each home uses to find out how much sewage has ended up in the harbour.

He also said the leak should be "significantly less" sewage than the 24 billion litres of sewage that leaked into Chedoke Creek for four years — a leak which the city is still working on cleaning up.

How did the leak go unnoticed for 26 years?

The storm sewer outfall is always under water, so a sewage spill wouldn't be easy to detect and or sample water from, Winters said.

He said the storm sewer is 2½ metres wide by 2½ metres deep.


Sampling from within the sewers itself also isn't something that generally happens, Winters added, but the city launched its surface water quality program last year.

He said the Hamilton Water team was preparing to do other work, and while reviewing past records, they came across a consultant's video from 2013 that showed unusual activity.

That led them to investigate and find out about the 26-year-old leak.

What is the city doing about it?

Winters said staff contacted the Ministry of the Environment, Conservation and Parks (MECP) Spills Action Centre at 12:20 p.m. ET Tuesday and reported it to the city's spill reporting line.

There's also a vacuum truck at the site as a short-term way to stop the flow of sewage into the environment, according to Winters.

The city said residents in the area can expect to see many trucks and other vehicles nearby as staff work to fix the problem.

Winters said it's unclear how many resources it will take to fix the issue.

FORMER LEADER OF THE ONT NDP  

Mayor Andrea Horwath said she wants city council to be as transparent as it can about the 26-year-old leak.© Bobby Hristova/CBC

Mayor Andrea Horwath told reporters Tuesday she asked the auditor to complete a review and release a public report about what may have happened.

MECP spokesperson Gary Wheeler told CBC Hamilton the ministry dispatched an environmental officer to the site to evaluate the situation, gather additional information and ensure steps are being taken to stop the flow of sewage into the harbour.

"The ministry will be assessing the need to collect samples," he said, adding that the province will stay on top of the issue as it evolves.

Mayor, councillors concerned about spill

Horwath said her biggest concern is the spill's impact on the environment.

"Like all of you, I'm worried," she said.

She also said Tuesday's response to the leak is evidence the new city council is committed to being transparent.

"It's important for Hamiltonians to get information as quickly as possible," she said, adding she learned of the situation between 3:30 p.m. and 4 p.m. She spoke to media on the matter shortly after 5 p.m.

Ward 2 Coun. Cameron Kroetsch tweeted he's "deeply concerned about this and learned about it by email at 4:38 p.m."

"I'm glad this is being made public immediately. Water is life."

Ward 13 Coun. Alex Wilson tweeted the city will get to vote on the water, wastewater and stormwater budget soon — and it's a chance to make a change.

"We have an opportunity to fund the maintenance, repairs and remediation work needed to protect our waterways," they wrote.

"I'll be moving motions to that effect in the coming weeks."

BAD CANADIAN MINER
Barrick Gold facing lawsuit alleging Tanzanians were killed, injured by police
Yesterday 

TORONTO — A group of more than 20 Tanzanians and their family members have filed a lawsuit against Barrick Gold Corp., alleging they or their loved ones were beaten, shot at or killed by police at one of the company's mines in the African country.



The plaintiffs in the suit filed against the Toronto-based gold miner on Wednesday at the Ontario Superior Court of Justice say five people were killed by the police, five tortured by them and at least another five were shot at by the authorities, resulting in serious injuries.

"We alleged it is Barrick and especially the senior management and board in Toronto that are responsible for the human rights and security policy at the North Mara mind and the hope is to pursue this case and get some accountability for the violence that has occurred against these community members and their families," said Joe Fiorante of CFM Lawyers, who is representing the plaintiffs.

Barrick took operational control of the North Mara Mine in 2019, using a security strategy that involved agreements with the Tanzanian police to have heavily armed police sent to deal with locals entering waste rock areas, said a statement of claim filed by Fiorante and Cory Wanless of Waddell Phillips.

They say Barrick should have known the police had a long history of using "excessive force" because several civil society groups have reported that at least 77 people have been killed by police or security around the mine since 2006.

Barrick spokesperson Kathy du Plessis confirmed the company received the statement of claim on Wednesday, but said it was "riddled with inaccuracies."

"It also attempts to advance claims against Barrick Gold Corporation in Ontario based on alleged actions of the Tanzanian police, even though Barrick exercises no control or direction of any nature over the Tanzanian police," she wrote in an email.

"We intend to vigorously defend against these allegations in the appropriate forum."

Barrick, which the statement of claim calls the second largest gold mining company in the world, has owned the mine that is at the heart of the allegations through subsidiaries since 2016.

The statement of claim said it is located in the middle of seven villages and in one of the poorest regions of Tanzania, where the Indigenous Kurya people used to rely on small-scale, non-industrial mining until many lost their primary income when the mine was commercially exploited.

Locals in search of a livelihood have resorted to visiting waste rock areas of the mine to retrieve rocks containing trace amounts of gold.

"Despite the fact that the rocks are waste product and have little or no commercial value to Barrick, security at the North Mara Mine has a history of responding with violence against community members who attempt to secure a subsistence livelihood from the mine's waste rock," the statement of claim said.

"The violence has extended to bystanders in the local community as well as people outside the mine site who are merely suspected of having entered the waste rock area."

The document added that the use of lethal force against those killed or injured was "arbitrary" and "not necessary."

Those who survived the attacks say they now face a range of medical complications including numbness in their limbs and fingers and trouble moving these parts of their body.

Some have wounds that have not fully healed and have left them unable to stand, run long distances or flex their foot.

They are seeking unspecified damages linked to loss of income and pain and suffering from the personal injuries and wrongful deaths.

In a press release, corporate watchdog Rights and Accountability in Development (RAID) executive director Anneke Van Woudenberg said Tanzanian communities have been left with little choice but to turn to Canadian courts for justice.

"This case is an important test of whether Canada is prepared to hold its own companies to account for wrongdoing, or whether its legal commitments to human rights are set aside when it comes to people harmed by Canadian companies operating abroad," she said.

RAID said its research shows police are an important part of the North Mara mine's security, though it noted Barrick says the mine doesn't employ or control the police assigned to it.

"Whether Barrick may be held responsible under the law for the harm caused in these cases is a question Canadian courts are now being asked to rule on," the press release stated.

The Canadian Network on Corporate Accountability urged the federal government to legislatively crack down on human rights violations involving Canadian multinationals in a press release Wednesday.

"This is what UN human rights experts, legal scholars, rights-holders around the globe, and the dozens of civil society groups within our network are calling for," said the organization's policy director Emily Dwyer in the release.

This report by The Canadian Press was first published Nov. 23,2022.

Companies in this story: (TSX:ABX)

Tara Deschamps, The Canadian Press

CRIMINAL CAPITALI$M

WTF

Disgraced FTX Founder SBF to Speak At New York Times DealBook Summit

FTX founder Sam Bankman-Fried to make first public appearance after the bankruptcy filing. "Nothing is off limits" said NY Times reporter

By Bhushan Akolkar
11/24/22



Sam Bankman-Fried, the disgraced founder of bankrupt crypto exchange FTX will be speaking at the New York Times’ annual DealBook Summit next week, as per the earlier schedule. SBF himself confirmed the same on his Twitter timeline a few hours back.

This would be SBF’s first public appearance since crypto exchange FTX sought bankruptcy protection. The bankruptcy proceedings have uncovered a lot of dark details about FTX. This involves the misappropriate use of customer funds, using company funds to buy personal properties, and much more.

Due to this irrational behavior with customers’ funds, FTX faced a $51 billion crash in its collateral. Speaking on this, SBF said:

“I didn’t mean for any of this to happen, and I would give anything to be able to go back and do things over again. I did not realize the full extent of the margin position, nor did I realize the magnitude of the risk posed by a hyper-correlated crash”.

What to Expect from FTX Chief At the Summit?

One of the spokespersons at the New York Times stated that SBF will participate from the island nation of the Bahamas where the crypto exchange is based. The crypto community has accused the NY Times of its soft reporting on the entire FTX episode. But in his tweet, Sorkin said:

“There are a lot of important questions to be asked and answered. Nothing is off limits.”

With the bankruptcy proceedings over the last week, SBF has already resigned as the CEO of the company. His public persona has also been muted. Instead of appearing on TV, SBF has chosen to make long tweet threads. But this social media presence has also brought trouble for the FTX founder.

In the court hearing, lawyers said that SBF’s “incessant and disruptive tweeting” were undermining their restructuring efforts. Law firm Paul Weiss noted that they have stopped representing SBF citing “conflicts”. Top U.S. regulatory agencies are now seeking help from new FTX Chief Executive Officer John J. Ray III.

Crypto Firm FTX’s Ownership of a U.S. Bank Raises Questions

Story by Stephen Gandel • Yesterday 

Among the many surprising assets uncovered in the bankruptcy of the cryptocurrency exchange FTX is a relatively tiny one that could raise big concerns: a stake in one of the country’s smallest banks.


The bankruptcy of the FTX cryptocurrency exchange is exposing a number of odd assets.© Marco Bello/Reuters

The bank, Farmington State Bank in Washington State, has a single branch and, until this year, just three employees. It did not offer online banking or even a credit card.

The tiny bank’s connection to the collapse of FTX is raising new questions about the exchange and its operations. Among them: How closely tied is FTX, which was based in the Bahamas, to the broader financial system? What else might regulators have missed? And in the hunt for FTX’s missing assets, how will Farmington get dragged into the multibillion-dollar bankruptcy?

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The ties between FTX and Farmington State Bank began in March when Alameda Research, a small trading firm and sister to FTX, invested $11.5 million in the bank’s parent company, FBH.

At the time, Farmington was the nation’s 26th-smallest bank out of 4,800. Its net worth was $5.7 million, according to the Federal Deposit Insurance Corporation.

Related video: Crypto lending company Genesis suspends withdrawals, reportedly considering bankruptcy
Duration 2:05 View on Watch




What FTX Fallout Means for VC Funding in Crypto

FTX’s investment, which according to financial regulators was more than double the bank’s net worth, was led by Ramnik Arora, a top lieutenant of the exchange’s founder, Sam Bankman-Fried. Mr. Arora was responsible for many of the much larger deals that FTX signed with Sequoia Capital and other venture capitalists that eventually failed.

Farmington has more than one crypto connection. FBH bought the bank in 2020. The chairman of FBH is Jean Chalopin, who, along with being a co-creator of cartoon cop Inspector Gadget in the 1980s, is the chairman of Deltec Bank, which, like FTX, is based in the Bahamas. Deltec’s best-known client is Tether, a crypto company with $65 billion in assets offering a stablecoin that is pegged to the dollar.

Tether has long faced concerns about its finances, in part because of its reclusive owners and offshore bank accounts. Through Alameda, FTX was one of Tether’s largest trading partners, raising concerns that the stablecoin could have yet-undiscovered ties to FTX’s fraudulent operations.

Before the acquisition, Farmington’s deposits had been steady at about $10 million for a decade. But in the third quarter this year, the bank’s deposits jumped nearly 600 percent to $84 million. Nearly all of that increase, $71 million, came from just four new accounts, according to F.D.I.C. data.

It’s not clear what F.T.X.’s plan was for Farmington. Online, Farmington now goes by Moonstone Bank. The name was trademarked a few days before F.T.X.’s investment. Moonstone’s website doesn’t say anything about Bitcoin or other digital currencies. It says Moonstone wants to support “the evolution of next generation finance.”

Deltec and Moonstone did not return a request for comment.

It’s unclear how FTX was allowed to buy a stake in a U.S.-licensed bank, which would need to be approved by federal regulators. Banking veterans say it’s hard to believe that regulators would have knowingly allowed FTX to gain control of a U.S. bank.

“The fact that an offshore hedge fund that was basically a crypto firm was buying a stake in a tiny bank for multiples of its stated book value should have raised massive red flags for the F.D.I.C., state regulators and the Federal Reserve,” said Camden Fine, a bank industry consultant who used to head the Independent Community Bankers of America. “It’s just astonishing that all of this got approved.”

FTX Collapse: 'Emperor' Bankman-Fried Had No Clothes

The regime of the founder of the cryptocurrency exchange was discussed in court on November 22.

Story by Luc Olinga • Yesterday TheStreet

A face of the regime of Sam Bankman-Fried, the founder of FTX, was revealed on November 22 during the firm's first hearing in Delaware bankruptcy court.

The 30-year-old former trader was virtually considered an "emperor" among his employees: This is the image used by an FTX lawyer to describe what happened after Bankman-Fried filed for Chapter 11 bankruptcy on his crypto empire made up of FTX and Alameda Research.

Everyone realized for the "first time the emperor had no clothes," James Bromley, co-head of the restructuring practice at law firm Sullivan & Cromwell, told Judge John Dorsey.

Bromley also said the downfall of FTX was "probably" one of the "most abrupt and difficult corporate collapses in the history of corporate America."

The firm ran out of cash when its customers rushed to withdraw their money by selling the cryptocurrencies they had previously purchased on the platform. FTX was using the client cryptocurrencies as collateral to borrow money which in turn it had transferred to Alameda Research, a trading platform with which it shares several links. Alameda used this money to invest in crypto businesses and also for trading operations.

You can read the FTX collapse timeline here.

FTX books a 'complete failure', investors did 'little homework' with billions owed

A $1 Billion Personal Loan

John Ray, FTX's new CEO in charge of restructuring, had already scathingly criticized Bankman-Fried and his two associates -- Zixiao "Gary" Wang and Nishad Singh -- on November 17, explaining that they had failed on every level.

Bankman-Fried received a personal loan of $1 billion from Alameda, according to Ray,. The firm also gave a $543 million personal loan to Singh, and $55 million to Ryan Salame, the co-CEO of FTX Digital Markets, one of FTX's affiliates.

"In the Bahamas, I understand that corporate funds of the FTX group were used to purchase homes and other personal items for employees and advisors," Ray said. "I understand that there does not appear to be documentation for certain of these transactions as loans, and that certain real estate was recorded in the personal name of these employees and advisors on the records of the Bahamas."

Bankman-Fried lives in the Bahamas.

Ray further indicated that, to be reimbursed for business expenses, employees only had to submit the request by chat and a supervisor would immediately approve with a personalized emoji.

"The debtors did not have the type of disbursement controls that I believe are appropriate for a business enterprise," Ray wrote. "For example, employees of the FTX Group submitted payment requests through an on-line 'chat' platform where a disparate group of supervisors approved disbursements by responding with personalized emojis."

The conclusion of this veteran restructuring was final:

"Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here," Ray wrote in a 30-page document filed with the United States Bankruptcy Court for the District of Delaware.

"From compromised systems integrity and faulty regulatory oversight abroad, to the concentration of control in the hands of a very small group of inexperienced, unsophisticated and potentially compromised individuals, this situation is unprecedented."

Senate Democrats call for criminal investigation of FTX founder Sam Bankman-Fried 

ALEXANDER BOLTON - 

11/23/22 

FILE – A sign for the FTX Arena, where the Miami Heat basketball team plays, is illuminated on Nov. 12, 2022, in Miami. FTX filed for bankruptcy protection Friday, Nov. 11

. (AP Photo/Marta Lavandier, File)

Sens. Elizabeth Warren (D-Mass.) and Sheldon Whitehouse (D-R.I.) sent a letter to the Department of Justice (DOJ) Wednesday calling for a criminal investigation of what they called the “fraudulent tactics” of Sam Bankman-Fried, the founder and CEO of FTX Trading Ltd., which filed for bankruptcy this month.

“Given the department’s commitment to holding perpetrators of white-collar crime personally accountable, we expect DOJ to investigate the actions leading to the collapse of FTX with the utmost scrutiny,” the senators wrote in a letter addressed to Attorney General Merrick Garland.

The collapse of FTX, one of the world’s largest cryptocurrency exchanges, which was once valued at $32 billion, leaves investors facing as much as $8 billion in losses.

The senators pointed out that in the days leading up to FTX’s collapse, Bankman-Fried tweeted that the exchange “has enough to cover all client holdings” and asserted “we don’t invest client assets (even in treasuries).”

Bankman-Fried later admitted that an affiliated trading platform that he also founded, Alameda Research, owed FTX approximately $10 billion in customer deposits that were lent without customers’ consent, which Warren and Whitehouse called “a violation of both U.S. securities laws and FTX’s own terms of service.”

“The fall of FTX was not simply a result of sloppy business and management practices, but rather appears to have been caused by intentional and fraudulent tactics employed by Mr. Bankman-Fried and other FTX executives to enrich themselves,” the senators wrote in the letter addressed to Garland and Kenneth Polite, the assistant attorney general in charge of the DOJ’s civil division.

Warren is a member of the Senate Banking Committee, and Whitehouse sits on the Senate Judiciary Committee.

They argue that Bankman-Fried “revealed his true interests of self-enrichment last year when he siphoned $300 million to his own wallet,” citing a Wall Street Journal report.

The Journal reported that “it couldn’t be determined” what Bankman-Fried did with the $300 million, but Reuters reported on Tuesday that Bankman-Fried, his parents and senior executives at FTX bought at least 19 properties worth $121 million in the Bahamas over the past two years.

The Democratic senators also pointed out that John Jay Ray, the corporate turnaround specialist who has taken over as FTX’s CEO, reported in a recent court filing that he had never seen “such a complete failure of corporate control” at the exchange and described the use of software to conceal the misuse of customers’ funds.

“New facts will undoubtedly shed more light on how Bankman-Fried and his associates’ deception has harmed FTX’s customers, and customers of any company that was exposed to the contagion,” the senators wrote. “We urge the Department to center these ‘flesh-and-blood victims’ as it investigates, and, if it deems necessary, prosecute the individuals responsible for their harm.”

Warren called for broader federal regulation of cryptocurrency markets in a Wall Street Journal op-ed published Tuesday.

“FTX’s implosion should be a wake-up call. Regulators must enforce the law before more people get cheated, and Congress must plug the remaining holes in our regulatory structure — before the next crypto catastrophe takes down our economy,” she warned.

She urged the Justice Department to use “its full range of tools, including criminal penalties” against crypto executives who break the wall.

“If Mr. Bankman-Fried and FTX executives committed fraud, then federal prosecutors should send them to prison,” she wrote in The Journal. 2024 Tracker: Here’s who is running for the GOP nominationZelensky says UN must not be ‘hostage’ to ‘terrorist’ Russia

Bankman-Fried donated nearly $40 million to Democratic candidates, political action committees and liberal-leaning groups during the 2022 midterm elections.

His father, Joseph Bankman, a Stanford Law professor, helped draft tax legislation in 2016 and donated $2,500 to her campaign in 2011, according to reporting by Fortune and Fox News.

FTX miniseries gets go ahead, covering the ‘most brazen frauds ever committed’

The Russo’s are reported to have said that FTX “is one of the most brazen frauds ever committed” in their reasoning for wanting to create the show.

An eight-episode limited series exploring the unraveling and scandals behind sunken crypto exchange FTX and its leadership is slated to soon begin production.

The series has been purchased by technology conglomerate Amazon, and will likely air on Amazon’s video streaming service Prime.

It’s understood to be based on “insider reporting” from journalists covering FTX and its founder Sam Bankman-Fried according to a Nov. 23 report from the entertainment magazine Variety.

Brothers Joe and Anthony Russo, famed for directing Avengers: Endgame and multiple other Marvel-owned movies are reported to have sold the idea to Amazon and are slated to direct the mini-series.

Details are sparse with what direction the series will take, the source material it will draw from, and what time period and people it will focus on, with all of it still kept under wraps for the time being.

In their reason for pursuing a series on the FTX story, the Russos brothers told Variety what happened with the exchange “is one of the most brazen frauds ever committed,” and opined on Bankman-Fried:

“At the center of it all sits an extremely mysterious figure with complex and potentially dangerous motivations. We want to understand why.”

Amazon is slated to start producing the show as early as March 2023, and while the characters and the actors who will play them are unknown, it's reported the Russos are in discussions with prior Marvel actors they’ve worked with to fill the main roles.

The idea for FTX-inspired movies akin to The Big Short and the Wolf of Wall Street has already been joked around on Twitter over a week ago, with some members of the community already taking the initiative to cast who would play Sam Bankman-Fried, Alameda CEO Caroline Ellison, Binance CEO Changpeng Zhao and other related players, such as Terra's Do Kwon.

One Twitter user pitched the idea of “FTX THE MOVIE” on Nov. 12, selecting Wolf of Wall Street’s Jonah Hill to play Bankman-Fried, while comedian Jimmy O. Yang could play Changpeng Zhao.

Another user created a promotional poster with their take on the film’s title: “The Wolf of Effective Altruism” spoofing The Wolf of Wall Street and poking fun at Bankman-Fried’s philosophical stance of wanting to help others.

It appears Hollywood is eager to snap up the rights to stories centered on the collapse of the world’s top crypto exchanges.

Related: Sam Bankman-Fried still speaking at events and the community is furious

Author and financial journalist Michael Lewis, known for his book “The Big Short” on the 2008 financial crisis, is reportedly looking to sell book rights on an FTX story after spending six months with Bankman-Fried in the months leading up to FTX’s implosion.

Big Tech player Apple is reportedly the front-runner for the rights beating out competitors Amazon and Netflix, with intentions to create a film for its video-streaming service Apple TV Plus.

CRIMINAL CAPITALI$M
Credit Suisse flags hefty loss as rich clients pull out

By John Revill and Noele Illien

Logo of Swiss bank Credit Suisse is seen in Zurich

ZURICH (Reuters) -Credit Suisse expects to make a heavy loss for the final three months of the year, continuing to bleed billions of francs as wealthy clients turn their back on the embattled Swiss bank.

Credit Suisse flagged that it was on course for a pre-tax loss of up to 1.5 billion Swiss francs ($1.58 billion) in the fourth quarter, and revealed that wealthy clients had made hefty withdrawals, leading to a big drop in liquidity, breaching some regulatory limits.

Chairman Axel Lehmann pointed to shareholder approval on Wednesday of the bank's planned 4 billion franc capital raising from investors, as a "further positive step in building the new Credit Suisse".

"We're entirely focused on implementing our strategic priorities," he said, pledging a brighter and profitable future.

But shareholders and analysts were disturbed by the bank's sobering assessment of the scale of its problems, as well as the pace at which rich clients pulled out savings and investments.

Credit Suisse said there had been an outflow of 6% of assets at the end of the third quarter. It said this trend in the wealth management division, catering to rich clients, has since improved, but had yet to reverse.

Analysts at Vontobel estimated the scale of such withdrawals to be around 84 billion Swiss francs.

As a result, the bank was forced to dip into liquidity buffers, slipping below certain minimum regulatory requirements although it said its core liquidity and funding requirements had been held.

Swiss pension fund foundation CEO says he's 'not convinced' by Credit Suisse restructure
Duration 4:57   View on Watch



"The massive net outflows in Wealth Management ... are deeply concerning - even more so as they have not yet reversed," said Vontobel's Andreas Venditti.

"CS needs to restore trust as fast as possible - but that is easier said than done."

Venditti said that the bank's liquidity coverage ratio (LCR), a key financial benchmark, had fallen "massively" towards a legal minimum of 100%. The bank said its average daily LCR for the fourth quarter was 140%.

Investors were also rattled.

The cost of insuring the debt of Credit Suisse against default rose and its bonds came under pressure after the announcement, which stripped as much as 6% off the value of its shares, which have lost almost 60% so far this year.

DOGGED BY SCANDAL

Credit Suisse's capital increase will be used to fund its overhaul, an attempt to recover from the biggest crisis in the bank's 166-year history.

It has been battered by a string of scandals and losses, including a $5.5 billion loss from the unravelling of U.S. investment firm Archegos. It also had to freeze $10 billion worth of supply chain finance funds linked to insolvent British financier Greensill.

Switzerland's second-largest bank said that a general slowdown had hits its investment bank, adding to pressure on the group, which was set for a heavy loss.

A fourth-quarter pretax loss of to CHF 1.5 billion, is substantially worse than the 342 million franc loss in the third quarter. It comes on top of a 1.94 billion franc loss so far this year.

The bank said that outflows in wealth management had reduced "substantially" from a high in the first two weeks of October but had yet to reverse and were around 10% of that division's assets managed at the end of the third quarter.

At the end of October, Credit Suisse unveiled a plan to cut thousands of jobs and shift its focus away from investment banking and towards less turbulent wealth management.

($1 = 0.9507 Swiss francs)

(Writing by John Revill and John O'Donnell; Editing by Ana Nicolaci da Costa, Jane Merriman and Tomasz Janowski)

LA REVUE GAUCHE - Left Comment: Search results for CREDIT SUISSE