Mar 142023
 

Glenn Kirschner – Michael Cohen testifies in NY Grand jury; Trump refuses to testify in grand jury; indictment nears (Cohen is not a target of the grand jury before which he is testifying. A big difference – which Glenn taught me.)

Farron Balanced – Republican Lawmaker Has Complete Meltdown Over 4th Grader’s Rainbow Drawing

Robert Reich – What Silicon Valley Bank’s Implosion Means for You

Armageddon Update – This MOTHERTUCKER!

Pittie Thrown Away In Trash Does The Happiest Zoomies Around His New Yard

Beau – Let’s talk about an enduring math problem in Ukraine…. (for once, I knew this before he did. I’d call that a scoop!)

Share
Mar 142023
 

A few days ago, the newsletter I get every week from the Project on Government Oversight included a request for me to edit, sign, and send a letter to President Joe asking him to fire the IG of DHS. Most of the time I am not able to add much of anything to the letters that groups draft asking for change. This one was different. I never liked even the idea of a Department of Homeland Security – it seemed too nationalistic to me from the get-go. And the longer it exists, the less I like it. If we must have an agency that combines the functions which come under DHS (as opposed to having those functions split up, as we did before it was formed), then it absolutely needs to be subject to the State Department. Our national security is totally contingent upon our foreign relations, and those are not helped by DHS continually and blatantly breaking international law. I do get it that with the nation so ridiculously divided now may not be the best time to absorb DHS into State. But at the very least, it needs a tough IG of unimpeachable integrity, and Cuffari, the current holder of that post, is exactly the opposite. And I put most of that into the letter before sending it. Here’s the link, and besides the letter, there is some background on Cuffari and his – I’ll be overly generous and call it incompetence (but I absolutely believe there’s also malice there.)

Cartoon –

Short Takes –

Crooks and Liars – Epstein’s Brother: Jeffrey Ran From 45 Because Trump Was A Crook
Quote – According to what Jeffrey’s brother, Mark, told Business Insider, his now-deceased brother distanced himself from Trump because the former President was “a crook.” Imagine being too slimy for a pedophile. And there is unaired footage of an interview by Jeffrey Epstein conducted by Steve Bannon after his brother forwarded it to him in the spring of 2019.
Click through for story – it’s short. Just for the benefit of anyone whose first reaction is, “Mark is his brother. Of course he would try to put Jeffrey in the best light [or in this case the least awful light],” some people’s families do tell the unvarnished truth about them. Stephen Miller. Paul Gosar. That does not necessrily mean I believe Mark, but I won’t just dismiss what he says either.

Robert Reich – The real story behind the Silicon Valley Bank debacle
Quote – The surface story of the Silicon Valley Bank debacle is straightforward. During the pandemic, startups and technology companies enjoyed heady profits, some of which they deposited in the Silicon Valley Bank. Flush with their cash, the bank did what banks do: It kept a fraction on hand and invested the rest — putting a large share into long-dated Treasury bonds that promised good returns when interest rates were low. But then, starting a little more than a year ago, the Fed raised interest rates from near zero to over 4.5 percent. As a result, two things happened. The value of the Silicon Valley Bank’s holdings of Treasury bonds plummeted because newer bonds paid more interest. And, as interest rates rose, the gusher of venture capital funding to startup and tech companies slowed, because venture funds had to pay more to borrow money. As a result, these startup and tech companies had to withdraw more of their money from the bank to meet their payrolls and other expenses.
Click through for details. Responsible parents teach children self – discipline, not only for the sake of society, but to help their children to succeed, because, without self-control, you won’t. Responsible governments regulate – and that’s really for the same reasons. This case may be less egregious than some others we have seen. What will it take to convince people that regulation is NOT a bad thing?

Iterestingly, HEather Cox Richardson also concentrated on the bank failur in he Letter from an American.

Food For Thought

Let’s see them do this with those other constants.

Share
Mar 132023
 

Yesterday, I overslept – slept through my alarm, I think, although I haven’t yet checked to make sure I actually set it to come on; it took me a whle to set it to the time I wanted because the clock zeroed out. It does that sometimes, which is annoying, but it keeps good time otherwise, and it really doesn’t take long to set, especially considering how many functions it has. I did manage to arrive just at the time I had said I would, but a lot of things I normally do were not done. I did greet Virgil for everyone here, as well as for my frosted sister in Florida, who dropped me an email to letmeknow that hew new hurricane windows, ordered in August, which arrived in October, were finally installed, and that her daughter had done some interior painting for her. (My response to her had included my taking offense on her behalf about the water being slandered, and she replied to that with some highly negative evaluation of her governor, along with a greeting for Virgil.) Of course he returns all greetings with appreciation. They have not yet replaced their lone deck of cards, but I found a Scrabble set, and that’s something we can play (we would both prefer UpWords, but they don’t have that.) We had to be told that visitation was over – and that’s a good thing. So it’s going to be Scrabble unless their game inventory changes.

Cartoon –

Short Takes –

The Daily Beast – Kids Do Better In Schools With Teachers Unions
Quote – Research shows that teachers unions are positively associated with student achievement. Researchers Eunice Han and Jeffrey Keefe found that this effect is particularly strong for Hispanic and Black students. And economists Eric Brunner, Joshua Hyman, and Andrew Ju have found that districts with strong teachers unions increased spending on public education, which leads to larger increases in student achievement.
Click through for story. Just off the top of my head, I can think of many reasons why this would be so, and very few why it might not. (Customers aldo do better when dealing with businesses whose workers have unions. CEOs may not get quite such huge bonuses, though.)

Robert Reich – Psst! An urgent message for Jerome Powell
Quote – You and your colleagues on the Fed’s Open Market Committee are considering pushing interest rates much higher in your quest to get inflation down to your target of 2 percent. You believe higher interest rates will reduce consumer spending and slow the economy. With due respect, sir, this is unnecessary, and it would be unjust. Over the past year, you’ve raised interest rates at the fastest pace since the 1980s, from near zero to more than 4.5 percent. But consumer spending isn’t slowing. It fell slightly in November and December but jumped 1.8 percent in January, even faster than inflation.
Click through for full opinion – yes, opinion, but 100% fact based. After the shellacking Elizabeth Warren gave to Powell in committee (it was in a video thread here) perhaps this shouldn’t be necessary. But it probably is.

Food For Thought

Share
Mar 122023
 

Glenn Kirschner – Trump demands immediate release of insurrectionists. Is he giving aid & comfort to the insurrection?

Senator Warren Calls out Chair Powell for Fed’s Plan to Throw At Least 2 Million People Out of Work

Farron Balanced – Trump’s Lawyers Whine That Prosecutors Have TOO MUCH Evidence Against Him

Robert Reich – The Great Grocery Store Heist

Tiny Puppy Leads Rescuer To Her Siblings

Beau – Let’s talk about things to remember from 2016…. (This is how all of us, anyone, can message.)

Share
Feb 272023
 

Glenn Kirschner – Jack Smith goes on offense, asks judge to preemptively order Mike Pence to testify before grand jury

Ring of Fire – Kyle Rittenhouse Hit With New Lawsuit From Man He Shot In Wisconsin

Robert Reich – The Biggest Economic Lies We’re Told

Puppet Regime – ChatGPT vs Puppet Regime

Tiny Kitten Meets His New Brothers And Falls In Love

Beau – Let’s talk about how social media is changing….

Share
Jan 222023
 

Political Voices Network – Neal Katyal & Andrew Weissmann: Trump’s Political Fate May Have Been Decided…

Thom Hartmann – Will Long COVID Make America Poor?

MSNBC – Alec Baldwin and ‘Rust’ armorer to be charged with involuntary manslaughter in film set shooting (“Involuntary manslaughter” means different things in different states. In New Mexico it’s pretty minimal.)

Ring of Fire – Rudy Giuliani Somehow Keeps Getting Dumber

Stray Cat Waits At Guy’s Window Until He’s Adopted

Beau – Let’s talk about China, the US, the economy, and American exceptionalism….

Share
Jan 182023
 

Glenn Kirschner – Republican representatives say, “smoke ’em if you got ’em,” reintroduce carcinogens into Congress

MSNBC – Why the stakes of the debt ceiling fight are so high

Thom Hartmann – Was The FBI Started To Stop Black Revolution?

Ring of Fire – Trump Wanted To Nuke North Korea And Blame Another Country

Friendly Stray Cat Gets An Uber Home

Beau – Let’s talk about Special Counsel updates….

Share
Jan 152023
 

Yesterday, the radio opera was “Fedora” by Umberto Giordano. It’s his second-best-known opera, the best-known one being “Andrea Chenier,” set during the French Revolution. “Fedora, based on a play by Sardou (right up there with Victor Hugo and David Belasco as an operatic inspiration) set in Russia in the 1880s, a time and place when the local political bogeyman was “Nihilism.” Fedora is a Russian noblewoman whose feance is killed on the eve of their wedding. After the arrival of the police and on-stage questioning of the servants, she comes to the conclusion that Count Ipanov did it – he was a nihilist sympathizer and her fiance a trarist. Learning Ipanov has gone to Paris, she decides to go there and attempt to seduce him to get a confession. Well, she gets a particl confesion, and invites him to come to her room and tell her the whole story. While awaiting him, she writes and posts a “come-and-get-him” letter to the police in Russia. When he arrives, he tells her that her fiance and his wife were having an affair, and that he caught them in flagrante and killed him (and he shot first). Between this news and the fact that Ipanov is basically a decent guy, she falls in love with him. But it’s too late – the letter is already gone. Eventually she has to confess that the “Russian woman” whose information sicced the cops on him is she – whereupon she takes poison and dis. It’s a “diva vehicle” which has been championed by Maria Callas and Mirella Freni, among others. An influential singer certainly can use her or his influence to get an opera performed which has been overlooked, but ultimately it’s the operagoers who decide whether any opera, new or revived, will make it into standard repertory. After those two strong attempts in the 20th century I’m not expecting this one in the 21st century to succeed, but I could be wrong – it’s a very strong cast. The Met audience is changing, if the choices each season are any indication. It’s becoming moch more interested in new operas, and much more open to the work of black composers, and to women conductors. There are still many who are older and fond of the old standard rep, which definitely shows up when there is voting on what old recording should be played on the “Listeners Choice” weekend. But that audience is dying off, and in any case, I suspect there are more than one would expect who, like me, are very open to the new stuff. Maybe if I live long enough a star tenor will come along who believes in “The Great Gatsby” by John Harbison, and I can hear it once more. Or a star baritone who believes in “An American Tragedy” by Tobias Picker, and I can hear it for the first tiem – since the mamager of the local radio station when it was a matinee was too cowardly to air it when it was broadcast.

Cartoon –

Short Takes –

PolitiZoom – Closest Trump Allies Assert Biden was Set Up in Docs Case – Why?
Quote – Little did I know as I wrote yesterday that two of Trump’s closest allies in the public sphere, blowhard Sean Hannityjob and failed Surgeon General aspirant Adm. Ronny Jackson would take to the airwaves and do precisely what I decided to do not – circulate conspiracy theories about the placement and uncovering of the classified documents in question…. Now why, when the simple facts, as known, in the case are already so damaging to the President, would two of his biggest and most ardent supporters take to the airways to suggest in any way that Biden was not responsible for the security breech?
Click through for story. I admit it occurred to me, and, based on Lona’s comment on Thursday’s video thread, it appears to have occurred to her. Of course the idea that the setup could have been done by Democrats is pure projection. You might, if you looked really hard, find a Democrat or two who might contemplate it, but it would not be anyone in leadership, and the leadership would not permit it even if someone had the temerity to suggest it. Do they know that it was done, done by them, and are they pre-emptively trying to look innocent?

HuffPost – Here’s The Real Agenda Behind The Republican Debt Ceiling Threats
Quote – As McCarthy explained it, “one of the greatest threats we have to this nation is our debt,” noting that the ratio of public debt to gross domestic product ― a widely used metric for measuring the federal government’s debt levels ― had not been this high since World War II…. It’s absolutely true that the debt-to-GDP ratio hasn’t been this high since World War II (or at any other time in U.S. history). But it was so high back then because the U.S. faced a once-in-a-lifetime crisis that required a massive, sudden, one-time burst of spending. That’s precisely what just happened because of COVID-19, and why deficits (which lead to debt) suddenly spiked.
Click through for details. McCarthy is being extremely disingenuous (which is the polite way to say “attempting deliberate fraud.”)

Food For Thought

Share