Friday, October 8, 2021

@16:30, , 10/7/21

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1

Dispute Over Claim That Proud Boys Leader Urged Attack at Capitol
An accused rioter has told the F.B.I. that Joseph Biggs, a leader of the far-right Proud Boys, directed him to challenge the police at a key moment on Jan. 6. Mr. Biggs’s lawyer denied the allegation. read more
 
Prosecutors are prepared to prove the charges.
 
2
Senate Leaders Agree to Vote on Short-Term Debt Ceiling Increase
The agreement avoids catastrophic consequences of a default by the federal government, but runs only through early December. read more
 
"An agreement struck on Thursday allows the government to cover its expenses through early December, but does little to address the crux of the partisan stalemate." 

3
A Global Deal Aimed at Ending Tax Havens Gains Momentum
Negotiators are coalescing around a 15 percent minimum tax rate, which could be announced at a Friday meeting. read more
 
Take it to the U.N. general assembly.
 
4
The Liberal Activist Who Targets Republicans With a MAGA Masquerade
Pretending to be like-minded, Lauren Windsor has generated headlines by coaxing conservatives like Tommy Tuberville and Glenn Youngkin into making revealing statements about their views. read more
 
Drama wins again.
 
5
Federal Judge Pauses Strict Texas Law Banning Most Abortions
A sharply worded ruling sided with the Justice Department, which sued to block the measure last month after the Supreme Court declined to intervene. read more
 
FUD may be enough. (Fear, Uncertainty, Doubt)
https://en.wikipedia.org/wiki/Fear,_uncertainty,_and_doubt
 
6
C.I.A. Reorganization to Place New Focus on China
The agency will create two new mission centers, one focused on China, the other focused on emerging technology, climate change and global health. read more
 
"Form a comity and see what can be done by talking"
 
7
Pfizer Asks F.D.A. to Authorize Its Covid-19 Vaccine for Children 5 to 11
The agency has promised to move quickly on the request and has tentatively scheduled a meeting at the end of the month to consider it. read more
 
The data is in.
It is time for a next step.
 
8
Senate Nears Agreement to Lift Debt Ceiling Until December
With a default on federal debt as little as 12 days away, Senator Mitch McConnell offered to let Democrats temporarily lift the borrowing limit. read more
 
The offer is accepted.
 
9
New Details of Trump Pressure on Justice Dept. Over Election
A Senate panel fleshed out how Donald Trump pursued his plan to install a loyalist as acting attorney general to pursue unfounded reports of fraud. read more
 
Send Trump to prison.
 
10
New Details of Trump Pressure on Justice Dept. Over Election
A Senate panel fleshed out how Donald Trump pursued his plan to install a loyalist as acting attorney general to pursue unfounded reports of fraud. read more
 
Send Trump to prison.
 
11 
Biden to Spend $1 Billion to Boost Supply of Rapid Covid Tests
Tests producing results in 15 minutes have been on the market for months, but they have been in short supply in the United States. read more
 
Mandated vaccination would be better and cheaper.
 
12
Biden and Xi Jinping of China Agree to Hold a Virtual Summit
The agreement is a recognition of the dangers of going a year into a presidential term without a formal meeting between the leaders of the world’s two largest economies. read more
 
Start by talking.
It is the cheapest action.
 
13
Finance Executives Say Risk of Default Is Already Damaging the Economy
Shortly after the C.E.O.s met with President Biden, Senator Mitch McConnell said he would allow Democrats to raise the debt ceiling enough to push a potential default to December. read more
 
Investors insist on being paid for their risks.
 
14
What the Debt Ceiling Means for Social Security and More
The Treasury secretary says the government will run out of money to spend if Congress doesn’t raise the debt ceiling. Here’s what that could mean for programs that help millions of Americans. read more
 
It is conservative orthodoxy that government spending is a bad thing.
All government action costs the treasury.
Government inaction costs individuals.
Conservatives insist risks should not be spread.

15
A Surprising Proposal at the Supreme Court in Torture Case
Twenty years after the Sept. 11 attacks, three justices said it was time to hear from the first detainee subjected to brutal interrogation by the C.I.A. read more
 
Information gained by torture is "The fruit of the poisonous tree".
https://en.wikipedia.org/wiki/Fruit_of_the_poisonous_tree 

16
Troubled Student Loan Forgiveness Program Gets an Overhaul
The sweeping changes will help more than a half-million public service workers who had thought they were paying down their debt for years. read more
 
Lenders do not willingly forego payment.
 
17
Republicans Again Block Debt Ceiling Increase
The proposal offered a way out of the short-term fiscal crisis, and a means for Republicans to defuse criticism that they were acting recklessly, but only put off the threat of a default. read more
 
Mitch McConnell is a sadist.
 
18
As a Debt Default Looms, the White House Warns of a Financial Crisis
‘A default would send shock waves through global financial markets,’ officials at the White House Council of Economic Advisers warned. read more
 
Mitch McConnell is chicken.
 
19
Why Democrats See 3 Governor’s Races as a Sea Wall for Fair Elections
Michigan, Wisconsin and Pennsylvania all have Democratic governors and G.O.P.-led legislatures. And in all three battlegrounds, Republicans are pushing hard to rewrite election laws. read more
 
If only cheating will win the Trump Republicans will cheat.
 
20
Ian Welsh1 day ago
The Correct Level of Profits in an Economy
[image: Story 488198693] Sustained high profits, in free market economics, are considered the sign of an uncompetitive market. De-facto if an industry or business makes high profits regularly, and certainly if they do so for more than a decade or so, the market is not competitive. The response to that should be political: either make the market competitive, or if it’s the sort of market which can’t be or is too much trouble to be made competitive (most utilities, if you’re sane; certainly utility distribution; any insurance required of almost anyone; roads, etc…) then either make... read more
 
The piece should get careful editing for grammar.
The rhetoric needs attention.
The point needs to be made strongly and repeatedly. 
 
 
 
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