Tuesday, April 5, 2022

@3:08, , 4/3/22

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Ian Welsh1 hour ago
Week-end Wrap – Political Economy – April 3, 2022
[image: Week-end Wrap – Political Economy – April 3, 2022] Week-end Wrap – Political Economy – April 3, 2022 by Tony Wikrent *Strategic Political Economy* *Nearly 1 in 3 food companies forced to reduce or shutdown production * [Brussels Times, via Naked Capitalism 4-2-2022] *Yves Smith added: “From IM Doc, independent of above story, by e-mail:”* 2 interesting patient conversations this week…The other was the retired CEO of one of our big Ag corps. He told me in no uncertain terms to begin to do everything I could to prepare. All kinds of problems are brewing with the nation’s foo... read more
 
 
A flood of scandal,  mostly real.
The majority of it is of conservative origin.
 
2
As Gas Prices Soar, Biden’s Climate Ambitions Sputter
Rising costs at the pump, war in Ukraine, an emboldened fossil fuel industry and stalled legislation have imperiled President Biden’s climate agenda. read more
 
The headline is false.
The subhead is true.
 
3
U.S. Sends Algerian Man Home From Guantánamo Bay After 5-Year Delay
The transfer had been arranged during the Obama administration but was put on pause under President Donald J. Trump. read more
 
Two cheers for the U.S. military.
 
4
Garland Faces Growing Pressure as Jan. 6 Investigation Widens
The inquiry is a test for President Biden and Attorney General Merrick B. Garland, who both came into office promising to restore the Justice Department’s independence. read more
 
Trump has his partisans at Justice.
 
5
As Both Parties Gerrymander Furiously, State Courts Block the Way
State judges have been throwing out congressional maps they call partisan gerrymanders, in a sign of the effects of a 2019 Supreme Court ruling that pushed the issue below the federal level. read more
 
https://www.nytimes.com/2019/06/27/us/politics/supreme-court-gerrymandering.html
 
Blame Trump.
The Republicans have been working on the problem since Kenedy.
 
6
Sarah Palin Announces She’s Running for Congress in Alaska
Ms. Palin released a statement on Friday that she was entering the race to replace Representative Don Young, who died last month. read more
 
Sarah Palin ran away from Alaska.
 
7
C.D.C. Confirms It Will Lift Public Health Order Restricting Immigration
The agency cited “current public health conditions and an increased availability of tools to fight Covid-19” as grounds for returning in late May to prepandemic policies for admitting migrants. read more
 
A part of the panic caused by Trump and his helpers is going.
 
8
U.S. Will Help Transfer Soviet-Made Tanks to Ukraine
The transfer, a response to a request from Ukraine’s president, will mark the first time the Biden administration has helped send tanks in the five-week-old war. read more
 
All parties are aware of NATO article 5.
 
9
Jen Psaki Is Said to Be in Talks to Join MSNBC
Ms. Psaki faced tough questions from the White House press corps about performing her job while negotiating with a news outlet. read more
 
Constant verbal assault is exhausting.
 
10
Democratic Hopes and Anxiety Rise Over the Jan. 6 Panel
As the congressional committee investigating the Capitol riot races to conclude its work, the political stakes are increasing along with the legal expectations. read more
 
There is no doubt the treason is real.
 
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Ian Welsh1 day ago
Open Thread
[image: Open Thread] Use the comments to discuss topics unrelated to recent posts. Posting this week was light, but should return to normal volume next week. Facebook Twitter WhatsApp LinkedIn read more
 
There are matters to resolve.
Sooner is better.    As soon as you can is best.
 
12
Rising Wages Are Good News for Workers but Keep Pressure on the Fed
Federal Reserve officials have said the pace of pay gains, if they continue, would not be consistent with stable inflation. read more
 
There is no need to try to pressure the Federal Reserve.

https://en.wikipedia.org/wiki/Federal_Reserve

13
Nevada’s Economic Turmoil Threatens a Democratic Stronghold
Democrats have long held up Nevada as a symbol of their future. But as the state’s economy struggles, it has become the epitome of the party’s midterm difficulties. read more
 
Campaigning is necessary.
The water is endangered.
 
The Republicans will not be quiet.
 
14
Republicans Target Progressive Advocacy Group Amid Opposition to Jackson
Some Republicans have linked their criticism of President Biden’s Supreme Court nominee to the support she has received from Demand Justice, a group that wants to expand the court. read more
 
The racism of the Republican party is known.
 
15
House Committee Investigating Amazon Labor Practices
A tornado that hit a delivery station in Illinois last year will be a focus of the inquiry. read more
 
We should know more about Amazon's labor practices.
 
16
 
The price of Russian reactor fuel has been raised by sanctions.
The U.S. may need to deal with France.
 
17
House Votes to Decriminalize Cannabis
Democrats, with some Republican support, voted 220-204 to remove marijuana from the federal list of controlled substances, moving to catch up to the states. read more
 
"The Marijuana Opportunity Reinvestment and Expungement Act, which passed 220-204, is unlikely to secure 60 votes to pass the Senate" 

18
U.S. Allows Hunters to Import Some Elephant Trophies From African Countries
After settling a lawsuit filed during the Trump administration, the Fish and Wildlife Service granted six permits to bring elephant parts into the country. It may approve more in the coming months. read more
 
Leagal shooting of elephants is not sport.
 
 
"The Fed eyes a hot labor market as unemployment nears prepandemic levels."
 
Keynesian Economics does not predict the success of these policies. 

 
 
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