Friday, June 17, 2022


Australia: New 'sticky' Omicron variants taking over

Two new Omicron variants are set to become the most dominant in NSW as a result of their "growth advantage" over previous strains, according to a new report.

The new variants— BA.4 and BA.5 — are set to overtake the previously prevalent BA.2 variant in coming weeks, the NSW Health respiratory surveillance report said.

"It is anticipated that in coming weeks the BA.4 and BA.5 sub-lineages, first identified in early April, will become the dominant strains," a NSW Health spokesperson said.

"And will likely be associated with an increase in infections."

Virologist Stuart Turville from the University of NSW's Kirby Institute said BA. 5 was "stickier" than its predecessors because of differences in its spike glycoprotein, which influences how the virus engages with cells.

"BA.5 doesn't look to be a big seismic shift like we saw with BA.1 and BA.2 in comparison to Delta," Professor Turville said.

"[But] the thing we're keeping an eye on with BA.5 is that it's starting to like tissue that pre-Omicron variants like ... it likes proteins on the lung.

"What we want to know now is does it like it as much as Delta and pre-Omicron variants or is it just a bit of a shift from BA.2?"

Infectious disease experts say there is evidence the Omicron sub-variants are effective at reinfecting people with previous infections from BA.1 or other lineages.

There is also concern these sub-variants may infect people who have been vaccinated.

However, there hasn't been a link to an increase in disease severity just yet, although this is being closely monitored, according to the NSW Health report.

Hospital and lab surveillance noted an early start to influenza season this year as well as a rapid increase in reported cases, raising concerns for strains on essential services.

University of Sydney Faculty of Medicine and Health Professor Elizabeth Elliott said there was no doubt "chaos" would be caused by the emergence of new variants in the winter flu season.

"Hospitals are already struggling with the load. And kids are not exempt. We recommend flu and COVID vaccines for all eligible," she said.

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Fed accelerates rate hikes, but still too little, too late to stop crushing inflation

If the administration returned to balanced budgeting there might be a hope of inflation being temporary but huge excess spending is locked in so whatever the Fed does inflation will continue -- JR

By Robert Romano

The Federal Reserve on June 15 once again hiked the Federal Funds Rate — the rate at which the central bank lends to financial institutions — up another 0.75 percent to 1.5 percent to 1.75 percent, following 0.25 percent and 0.5 percent rate hikes at its March and May meetings.

That came after the January meeting when the Fed left its rate at 0 to 0.25 percent, even though inflation was already running north of 7 percent.

The acceleration of the Fed’s rate hikes, after tepid expectations of just 0.25 percent increases at each meeting, now stand out as an admission that the central bank thinks it was wrong. That, in sum, the central bank waited far too long to begin the process of ending the emergency measures enacted to mitigate the economic impacts of the Covid pandemic lockdowns.

A quick gander at the Fed’s economic projections tells the tale. Just in Dec. 2020, the Fed was projecting just 1.7 percent Personal Consumption Expenditures (PCE) Price Index inflation for 2021. It came it at 3.87 percent. In Dec. 2021, it was projecting 2.7 percent for 2022. So far, it’s already up to 6.3 percent as of April 2022.

When compared to a separate measure of inflation, the Consumer Price Index, now at 8.6 percent, compiled by the Bureau of Labor Statistics, similarly, since inflation first rose above 5 percent in June 2021, the Federal Reserve has kept its policy rate far below that of the inflation rate.

Just in Nov. 2021, the central bank was confidently promising the inflation would be “transitory”: “Inflation is elevated, largely reflecting factors that are expected to be transitory… an easing of supply constraints are expected to support continued gains in economic activity and employment as well as a reduction in inflation.”

A month ago, Federal Reserve Chairman Jerome Powell said the Fed was not even considering a 0.75 percent rate hike, telling reporters on May 4, “Seventy-five basis points is not something the committee is actively considering.”

And yet, a month later, that is exactly what the Fed did.

Meaning, the Fed has not only been consistently wrong about the state of the economy, it is not even a reliable source of information about what its own policy posture actually is on a month-to-month basis. It doesn’t even know what it wants to do.

Of course, the American people have noticed the inflation, as their money doesn’t go as far as it used to. Real average hourly earnings are down 3 percent from May 2021 to May 2022, according to the Bureau of Labor Statistics.

The inflation itself is little wonder. Congress spent and borrowed more than $6 trillion to fight Covid after Jan. 2020: the $2.2 trillion CARES Act and the $900 billion phase four legislation under former President Donald Trump, and the $1.9 trillion stimulus and $550 billion of new infrastructure spending under President Joe Biden.

As a result, the national debt has increased by $7.2 trillion to $30.4 trillion since Jan. 2020, of which the Fed monetized half, or $3.4 trillion, by increasing its share of U.S. treasuries to a record $5.7 trillion while the M2 money supply has increased by $6.3 trillion to $21.8 trillion, a 41 percent increase, since Jan. 2020.

To be fair, one exigent event is Russia’s invasion of Ukraine, which unquestionably disrupted global grain supplies, with Russia and Ukraine accounting for one-third of all wheat exports, and the world’s oil and gas supply, since Russia is a top producer.

And, the Fed knew about the war in March and May when it did its tepid 0.25 and 0.5 percent rate hikes.

Still, the supply crisis has not improved. Production slowed down in 2020 in response to the Covid lockdowns, demand picked up sooner than expected, but when it comes to agriculture or oil and natural gas production, both are still below pre-Covid levels. Whether rates are rising slowly or very fast, if we don’t boost production soon, it might not matter where the Fed sets the interest rate, inflation will still get worse. Stay tuned.

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The Emergence of Neo-Fascism in Public Health

Fascism is the art of hiding the truth behind a facade of wholesome virtue. It is, presumably, as old as humanity. Mussolini just gave it a name—hiding his authoritarian ideas behind the drainage of swamps, village renewal, kids in school, and trains running on time. The 1930s picture of Nazism was not broken windows and old men being beaten in the street, but happy smiling youths working together in the outdoors to rebuild the country.

Putting such labels to the present time is dangerous, as they carry a lot of baggage, but it also helps to determine whether the current baggage we had thought was progressive is actually regressive. Those happy smiling youths of the 1930s were actually being trained in the arts of self-righteousness, denigration of wrong-think, and collective obedience. They knew they were right, and that the other side was the problem. Is that familiar?

The societal changes of the past two years have been defined by, and led by, ‘public health.’ So it is right to look for public health analogies in the past to help understand what is happening, what the drivers are, and where they might lead. We have witnessed our public health professions and the associations that represent them call for active discrimination and coercion over medical choice. They have advocated for policies that impoverish others, whilst maintaining their own salaries, controlling normal family life, and even dictating how they can mourn their dead.

Hospitals have refused transplants for those who made unrelated medical choices the hospital did not like. I have witnessed them refuse a family access to a dying loved one until they accept injections they do not want, then allow immediate access thereby confirming it was not immunity, but compliance, that was sought.

We have all seen prominent health professionals publicly vilify and denigrate colleagues who sought to restate principles on which we were all trained: absence of coercion, informed consent, and non-discrimination. Rather than put people first, a professional colleague informed me in a discussion on evidence and ethics that the role of public health physicians was to implement instructions from the government. Collective obedience.

This has been justified by ‘the greater good’—an undefined term as no government pushing this narrative has, in two years, released clear cost-benefit data demonstrating that the ‘good’ is greater than the harm. However, the actual tally, though important, is not the point. The ‘greater good’ has become a reason for the public health professions to annul the concept of the primacy of individual rights.

They have decided that discrimination, stigma, and suppression of minorities is acceptable to ‘protect’ a majority. This is what fascism was, and is, about. And those who have promoted slogans such as ‘pandemic of the unvaccinated,’ or ‘no one is safe until all are safe’ know the intent, and the potential outcomes, of scapegoating minorities.

They also know, from history, that the fallacious nature of these statements does not impede their impact. Fascism is the enemy of truth, and never its servant.

The point of writing this is to suggest that we call a spade a ‘spade.’ That we state things as they are, we tell the truth. Vaccines are a pharmaceutical product with varying benefits and risks, just like trees are wooden things with leaves on. People have rights over their own bodies, not doctors or governments, in any society that considers all people of equal and intrinsic worth.

Stigmatization, discrimination, and exclusion on the basis of healthcare choices, whether for HIV, cancer, or COVID-19, is wrong. Excluding and vilifying colleagues for differing views on the use of safe medications is arrogant. Denouncing those who refuse to follow orders conflicting with ethics and morals is dangerous.

Blindly following government and corporate dictates simply to comply with the ‘group’ has nothing in common with ethical public health. These all have more in common with the fascist ideologies of the past century than with what was taught in the public health lectures I attended. If that is the society we now wish to develop, we should be up front and state this, not hide behind facades of false virtue such as ‘vaccine equity’ or ‘all in this together.’

Let us not get tied down with political niceties of ‘left’ and ‘right.’ The leaders of Europe’s two main fascist regimes of the 1930s emerged from the ‘left.’ They leaned heavily on public health concepts of ‘greater good’ to weed out the inferior thinkers and non-compliers.

Our current condition calls for introspection, not partisanship. As a profession, we have complied with directives to discriminate, stigmatize, and exclude, whilst blurring requirements for informed consent. We have helped remove basic human rights—to bodily autonomy, education, work, family life, movement, and travel. We have followed the corporate authoritarians, ignoring their conflicts of interest and enriching them whilst our public has become poorer. Public health has failed to put the people in charge, and has become a mouthpiece for a small, wealthy, and powerful minority.

We can continue down this path, and it will probably end up where it did last time, except perhaps without the armies of others to overthrow the monstrosity we supported.

Or we can find humility, remember public health should be a servant of the people and not the instrument of those who seek to control them, and remove the monster from our midst. If we do not support fascism, we can cease to be its instrument. We could achieve this simply by following the fundamental ethics and principles on which our professions are based.

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Also see my other blogs. Main ones below:

http://edwatch.blogspot.com (EDUCATION WATCH)

http://antigreen.blogspot.com (GREENIE WATCH)

http://pcwatch.blogspot.com (POLITICAL CORRECTNESS WATCH)

http://australian-politics.blogspot.com/ (AUSTRALIAN POLITICS)

http://snorphty.blogspot.com/ (TONGUE-TIED)

https://immigwatch.blogspot.com/ (IMMIGRATION WATCH)

https://awesternheart.blogspot.com/ (THE PSYCHOLOGIST)

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