Friday, March 18, 2022

@17:13, , 3/15/22

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1

NYT > U.S. > Politics23 minutes ago
Nine House Democrats Test Positive for Covid After Late-Night Voting and Retreat
Three representatives reported positive coronavirus tests on Tuesday morning. Several others tested positive after a party gathering last week in Philadelphia. read more
 
The floors of the capital chambers are a Covid-19 hot spot.
 
2
NYT > U.S. > Politics28 minutes ago
Biden Withdraws Sarah Bloom Raskin as Nominee for Fed’s Top Bank Cop
Sarah Bloom Raskin did not appear to have the votes for Senate confirmation as Fed vice chair for supervision after a key Democrat withheld his support. read more
 
The Federal Reserve does not fit with Republican economics.
Fiscal policy does not exist for Republicans.
 
3
NYT > U.S. > Politics40 minutes ago
Ukraine War Shifts the Agenda in Congress, Empowering the Center
With a crisis rocking Europe, the left is shelving demands for defense cuts and a swift end to fossil fuels, while on the right, Trump-era foreign policy and criticism of Ukraine are fading. read more
 
There is no center in congress. 
It is called the left and the Democratic party.  
The true left does not exist.
 
4
As Fed Prepares to Raise Rates, Global Economy Sinks Deeper Into Turmoil 
Federal Reserve officials are set to raise interest rates to control inflation, but the return to normal they had hoped to see remains painfully elusive. read more
 
Most corporations collect rent.
 
5
Biden Will Travel to Europe Next Week for NATO Meeting
The president will travel to Brussels for the NATO session, and will also attend a European Union summit meeting. read more
 
A world war must not happen.
Europe needs to know that.
 

Global Economy Sinks Deeper into Turmoil as Fed Prepares to Raise Rates
Federal Reserve officials are set to raise interest rates to control inflation, but the return to normal they had hoped to see remains painfully elusive. read more
 
https://en.wikipedia.org/wiki/Keynesian_economics
 
Arbitrage should not exist.
https://en.wikipedia.org/wiki/Arbitrage
Retail, an aspect of arbitrage, is dependent on it.
 

Sept. 11 Prosecutors Are in Plea Talks That Could Avert a Death-Penalty Trial
Pentagon prosecutors have struggled for more than a decade to hold the trial of Khalid Shaikh Mohammed and his accused accomplices in the attacks. read more
 
The prison at Guantánamo Bay is a war crime.
Bring the prisoners held there into the U.S. justice system or send them home.
 
8
Bernard W. Nussbaum, Clinton Counsel and Defender, Dies at 84
The president’s first White House lawyer, Mr. Nussbaum had a turbulent 14 months in the job weathering a rash of controversies. read more
 
Natural Causes is the best exit.
 
9
How a Murdoch Hopes to Save American Democracy
Kathryn Murdoch is trying to change how elections are run. It’s a work in progress. read more
 
Voting is slow and cumbersome.
It is the essence  of democratic decision.
Smoothly functioning government is always wrong.
 
10
Three House Democrats Test Positive for Covid After Retreat
All four House members attributed their lack of severe symptoms to protection from vaccines. read more
 
Everyone infected is infectious.      

11
Document in Jan. 6 Case Shows Plan to Storm Government Buildings
New details from evidence cited in the indictment of Enrique Tarrio, the former head of the far-right Proud Boys, reveal a plan with similarities to what unfolded at the Capitol. read more
 
There were plans
 
13
Ginni Thomas Says She Attended Jan. 6 Rally
The disclosure by the wife of Justice Clarence Thomas is likely to raise new questions about her support of efforts to overturn the 2020 election results. read more
 
An end to Clarence Thomas would please me.
 
14
Could Inflation Prompt Powell to Act Like Volcker?
The Federal Reserve is facing the fastest inflation most Americans have ever seen. Its chair says policymakers will do what it takes to tame prices. read more
 
Fiscal policy would be a better choice.
 
15
Ian Welsh1 day ago
Three Lessons From The Melian Dialogue Which Apply Today
[image: Three Lessons From The Melian Dialogue Which Apply Today] In the Melian dialogue, the Athenians have sent a military force to the city of Meleus. The Athenians urge the Melians to submit. If they don’t, the men will be killed, the children and women taken for slaves. The Athenians say, “the strong do as they will, and the weak suffer what they must.” AKA. “Take the deal, or you’ll get even worse.” This is, in essence, what Putin said to Ukraine, and Ukraine, like the Melians, refused. It is at the heart of most of America’s interactions with “enemy” nations since WWII, a... read more
 
Ian Welsh needs to learn from Thucydides rather than learning Thucydides.
https://en.wikipedia.org/wiki/Thucydides 

Reports are that the Russian expeditionary force is being destroyed.

16
USPS Truck Contract Prompts Cries for Investigation
A plan to purchase up to 165,000 gasoline-powered mail trucks instead of electric models has angered Democrats and the Biden administration. read more
 
https://en.wikipedia.org/wiki/Louis_DeJoy
Dejoy was appointed by Trump to destroy the U.S,P.S.
He is succeeding.
 
17
Democratic Group Says Trump Is Breaking Campaign Law by Not Declaring for 2024
The complaint to the Federal Election Commission accuses Donald Trump of improperly using his existing political committees to advance a presidential run. read more
 
Al Capone went to prison for tax evasion.
https://en.wikipedia.org/wiki/Al_Capone
 
Here is a nail to hang Trump on.
 
18
Which Coronavirus Vaccine Will Work in the Youngest Children?
Moderna is going head-to-head with Pfizer-BioNTech for the opportunity to vaccinate the youngest children, the only Americans still not eligible for shots. read more
 
Moderna has been rushing the science.
They will not win that way.
 
19
Ian Welsh2 days ago
Week-end Wrap – Political Economy – March 13, 2022
[image: Week-end Wrap – Political Economy – March 13, 2022] Week-end Wrap – Political Economy – March 13, 2022 by Tony Wikrent *Strategic Political Economy* *Eric Helleiner ─ The Neomercantilists: A Global Intellectual History* Eric Helleiner interviewed by Mark Blythe [Rhodes Center for International Economics and Finance, Watson Institute for International and Public Affairs, Brown University] . *How the World Works* James Fallows [The Atlantic, December 1993] Americans persist in thinking that Adam Smith’s rules for free trade are the only legitimate ones. But today’s fastest... read more
 
Partial credit.  
Tony Wikrent Understands his goal without understanding economics.
 
20
Ian Welsh3 days ago
Open Thread
[image: Open Thread] Use to discuss topic unrelated to recent posts. Nothing about Ukraine/Russia/Covid will be approved. Facebook Twitter WhatsApp LinkedIn read more
 
There are matters to be decided.
Sooner is better.    As soon as you can is best.
 
 
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