07.02.2022, 11:06 PM | #221 |
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We're fucked.
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07.03.2022, 02:45 AM | #222 | |
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The answer, my friend, is NO. No to ∞. Which is why this November, November 2024, and all special elections in between including the ones for the most down-ballot minion jobs will depend on turnout, just like November 2020. ETA: Seen those Jordan Klepper videos? Facts are no match for a cult.
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07.03.2022, 05:00 AM | #223 | |
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Ah yes, because voting has helped and hasn't led to a party of spineless, ineffectual centrists who have just as much fan sticking the boots into anyone to the left of them (which is most of us).
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07.04.2022, 08:00 AM | #224 | |
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i've seen that happen right here in this board. me personally, i can endure leftists excesses, and won't budge from my centrist convictions at this point (unless shown actual evidence); but out there in the world, for every little lenin/mao that sprouts up, some cut-rate tv goebbels harvests another lost soul. you're okay though, it's your time in life to do this, but i've seen this movie way too many times before and it always ends the same way. |
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07.04.2022, 08:57 AM | #225 |
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(cont.)
this is not to say, btw, that the center doesn't have its own excesses, particularly of the religious kind (faith). like excessive faith in the efficiency of markets, excessive faith in permanent progress, excessive faith in individual initiative as the cure to all problems, excessive faith in the human ape's ability to overcome tribalism, excessive faith in the human ape's capacity for rationality, excessive faith in its own merits and excessive discount of the role of luck, and so forth. the neglect of such blind spots is perhaps what triggers the right/left extremes in the first place... |
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07.09.2022, 01:01 AM | #226 |
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Wonking Out: Rockets, feathers and prices at the pump
By Paul Krugman Opinion Columnist One of the sad paradoxes of politics is that few economic indicators matter more for public opinion — for voters’ evaluation of the government in power — than energy prices, especially the price of gasoline. This isn’t just a U.S. phenomenon: Inflation driven by soaring energy prices has undermined the popularity of leaders across the Western world. Why do I call this a sad paradox? Because while policy can have a big effect on overall inflation, it doesn’t have much effect on energy prices. The rates for oil, in particular, are set on world markets; even the U.S. president (let alone the leaders of smaller nations) has very little influence on that global price. Still, given the political salience of prices at the pump, leaders have an incentive to do what they can to bring them down a bit or at least be seen making the effort. So a few days ago, President Biden tweeted an appeal to “the companies running gas stations” to “bring down the price at the pump to reflect the cost you’re paying for the product.” Indeed, wholesale gasoline prices have fallen about 80 cents a gallon since early June, while the decline in retail prices has been less sharp. The reaction to his remark was, however, savage. Most notably, Jeff Bezos in a tweet assailed Biden for “a deep misunderstanding of market dynamics.” Hmmm. Did Bezos check out what we know about the market dynamics of gasoline prices (or order an underling to do it)? Because if he had, he would have learned that there are some peculiar things about those dynamics — things that suggest at least some justification for Biden’s appeal. Serious research offers a lot more support for the idea that market power has played a role in recent inflation than you’d imagine from the ridicule heaped on that notion, including from Democratic-leaning economists. Monopoly power isn’t the principal cause of inflation, which has been driven by an overheated economy plus external shocks like Russia’s invasion of Ukraine. But there’s a reasonable case that monopoly power is a cause of inflation — and blanket attacks on the mere possibility reflect, well, a deep misunderstanding of market dynamics. So, about those gas prices. As economists at the St. Louis Fed recently pointed out, there’s a longstanding phenomenon in the fuel market known as asymmetric pass-through or, more colorfully, rockets and feathers. When oil prices shoot up, prices at the pump shoot up right along with them (the rocket). And when oil prices plunge, prices at the pump eventually fall, but much more gradually (the feather). Why this asymmetry? There have been a number of economic papers trying to understand it, pretty much all of which stress the market power of companies that face limited competition (something Bezos surely knows a lot about.) The clearest explanation I’ve seen is in a relatively old paper by Severin Borenstein, Richard Gilbert and A. Colin Campbell. I’d summarize their argument as follows: When oil prices shoot up, owners of gas stations feel empowered not just to pass on the cost but also to raise their markups, because consumers can’t easily tell whether they’re being gouged when prices are going up everywhere. And gas stations may hang on to these extra markups for a while even when oil prices fall. Is there evidence for this story? Yes. Notably, the rockets and feathers phenomenon seems to be strongest in areas where individual gas stations face relatively little competition. In such a situation, badgering gas stations to get their prices down may actually make some sense. We can argue about its effectiveness, but it’s not stupid, given what we know about the relevant market dynamics. What at least a few readers may notice is that the market power explanation of rockets and feathers — an explanation with an impeccable academic pedigree, developed by economists who had no obvious political ax to grind — is pretty much the same argument politicians like Elizabeth Warren have made about how monopoly power may have contributed to recent overall inflation. That is, some politicians argue that corporations have taken advantage of a generally inflationary environment to jack up their markups, in the belief that they will face less public backlash than they would in normal times. And this exploitation of market power has pushed inflation even higher. Such arguments have been greeted with ridicule and horror, even from some Democratic-leaning pundits and economists. But they make sense, as illustrated by the economic literature on gasoline prices. And what appears to be true for gasoline prices could be true more generally. New research by Mike Konczal and Niko Lusiani of the Roosevelt Institute, a progressive think tank, finds that recent price increases have been largest in industries that had limited competition — as indicated by high markups — even before the pandemic. That’s the same kind of evidence that supports the view that asymmetric adjustment of gasoline prices reflects market power. The mystery to me is why so many of my colleagues, in both the economics profession and the economics punditocracy, have had such an extremely negative reaction to any suggestion that market power might be playing a role in inflation and that presidential jawboning might make some contribution to anti-inflation strategy. Are they afraid that Biden is about to turn into Turkey’s Recep Tayyip Erdogan, who has rejected conventional macroeconomics and sent inflation soaring, officially to 79 percent and probably much higher in reality? Look, that’s not going to happen. Biden isn’t even going to do a Richard Nixon and try to use price controls to suppress inflation while urging the Fed to keep interest rates low. Unlike Donald Trump, who yelled at the Fed a lot, the current administration has been scrupulously hands-off as the Fed tightens policy to bring inflation down — a policy, by the way, that I support, even though there’s a real risk of recession. The only thing I can conclude is that even supposedly center-left members of the economics commentariat are viscerally appalled by anything that even hints at populism. And this, I’m afraid, says more about the profession than it does about the economy.
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07.22.2022, 03:49 PM | #227 |
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Bannon guilty. I'm shocked. SHOCKED, I tell you.
Check out how his lawyers behaved during this trial. Bannon should be in fucking jail already, for the wall scam that he was clearly guilty of, but The Orange Turd pardoned him. God, I can't figure out which one of them I hate more. But, 50% of America will call this a witch-hunt, right?
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07.22.2022, 04:16 PM | #228 | |
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Less than 50%. But due to the abominations in the system that we're all aware of, they still get 50% of the Senate.
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07.22.2022, 05:17 PM | #229 |
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07.22.2022, 11:37 PM | #230 |
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Yeah, another fucking POS Repuke, selling mugs with his fistpump image on it.
It's the same as all those FOX assholes, pushing the Big Lie, but their tweets on Jan 6th tell another story completely. America is so lost, Man. It's so sad to watch. And God knows what could happen to Canada.
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07.22.2022, 11:44 PM | #231 | |
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I think I'm changing my signature to: "Josh Hawley is a bitch. And he ran like a bitch." —Michael Fanone
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07.27.2022, 02:54 PM | #232 |
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You cannot make this up:
https://thehill.com/homenews/media/3...ory-reporting/ Because, you know, Trump always tells the truth and never said bad things about CNN. On the bright side, I cannot help feeling that Trump really is beginning to piss into the wind. The tide is finally turning...I think. I suspect he announces his run early, for the simple reason that DOJ is finally showing signs of moving near him. Then when DOJ pounces, he can claim it's because he announced. The GOP must secretly be hoping for the DOJ to come through. Then they can finally have their reasons to move on from Trump, but pin it on the Dems anyway.
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07.27.2022, 03:11 PM | #233 | |
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Lotta talk about this, but consider just one example among many: a week ago, the Arizona GQP censored the speaker of the state House (!), Rusty Bowers, for telling the truth before the January 6 committee. Trump may be more pathetic than ever, but saying his influence is waning sounds like wishful thinking to me.
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07.27.2022, 03:18 PM | #234 | |
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I think Arizona (and Texas) may be the worst offenders when it comes to fealty to Trump. But even that idiot Cruz is showing signs of backing a non-Trumpee. Sure, there will be dozens of examples of absolute Trumpism in the weeks and months to come, but cracks are appearing. Pence is being more forceful. (Although, he is even scarier than Trump imho.) People are starting to look forward, not back to 2020. I do believe that the J-6 Hearings actually made an impact, and even a few GOP members acknowledge this.
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07.27.2022, 03:28 PM | #235 |
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Ted Cruz would back Hillary Clinton if she promised to make him Secretary of State.
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07.28.2022, 03:53 PM | #236 |
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https://thehill.com/homenews/3578256...ottom-of-9-11/
"Nobody's gotten to the bottom of 9/11, unfortunately." Just when I thought my "suing CNN" post above would take the cake for this week. Every time you think Trump has hit rock bottom, he finds a way to go lower.
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08.03.2022, 02:38 PM | #237 |
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08.04.2022, 09:11 PM | #238 |
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(1/3)
Essay published today in The Washington Post (at least in the online edition) adapted from The Destructionists: The Twenty-Five Year Crack-Up of the Republican Party by Dana Milbank: The GOP is sick. It didn’t start with Trump — and won’t end with him. It began where it ended, on the West Front of the United States Capitol. On Jan. 6, 2021, an armed mob invited and incited by President Donald Trump smashed barriers, overpowered police and stormed the Capitol. The insurrectionists scaled the scaffolding erected for President-elect Joe Biden’s inauguration and proceeded to sack the seat of government for the first time since the War of 1812. Called to Washington by Trump, who promised a “wild” time, and sent to the Capitol with instructions to “fight like hell,” the mob halted Congress’s certification of Biden’s victory, sending lawmakers and staff fleeing for their lives. At least seven people died in the riot or its aftermath, and more than 140 police officers were hurt. Some 845 insurrectionists, several with ties to white-supremacist or violent extremist groups, have faced charges including seditious conspiracy. Many Americans were shocked that Trump, after first considering a plan to seize voting machines, had orchestrated an attempted coup, knowingly dispatching armed attackers to Capitol Hill and then refusing for 187 minutes to call off the assault. And many Americans have been shocked anew to see elected Republicans, after initially condemning Trump’s attack on democracy, excuse his actions and rationalize the violent insurrection itself as “legitimate political discourse.” But a sober look at history might have lessened the shock, for the seeds of sedition had been planted earlier — a quarter-century earlier — in that same spot on the West Front of the Capitol. On Sept. 27, 1994, more than 300 Republican members of Congress and congressional candidates gathered where the insurrectionists would one day mount the scaffolding. On that sunny morning, they assembled for a nonviolent transfer of power. Bob Michel, the unfailingly genial leader of the House Republican minority for the previous 14 years, had ushered Ronald Reagan’s agenda through the House. But he was being forced into retirement by a rising bomb thrower who threatened to oust Michel as GOP leader if he didn’t quit. “My friends,” a wistful Michel told the gathering, “I’ll not be able to be with you when you enter that promised land of having that long-sought-after majority.” Newt Gingrich had almost nothing in common with the man he shoved aside. Michel was a portrait of civility and decency, a World War II combat veteran who knew that his political opponents were not his enemies and that politics was the art of compromise. Gingrich, by contrast, rose to prominence by forcing the resignation of a Democratic speaker of the House on what began as mostly false allegations, by smearing another Democratic speaker with personal innuendo, and by routinely thwarting Michel’s attempts to negotiate with Democrats. Gingrich had avoided service in Vietnam and regarded Democrats as the enemy, impugning their patriotism and otherwise savaging them nightly on the House floor for the benefit of C-SPAN viewers. “Newt! Newt! Newt! Newt!” the candidates and lawmakers chanted. A pudgy 51-year-old with a helmet of gray hair approached the lectern. “The fact is that America is in trouble,” Gingrich declared. “It is impossible to maintain American civilization with 12-year-olds having babies, 15-year-olds killing each other, 17-year-olds dying of AIDS and 18-year-olds getting diplomas they can’t even read.” The pejoratives piled up in Gingrich’s shouted, finger-wagging harangue: “Collapsing … Failed so totally … Worried about their jobs … Worried about their safety … Trust broke down … Out of touch … Wasteful … Dumb … Ineffective … Out of balance … Malaise … Drug dealers … Pimps … Prostitution … Crime … Barbarism … Devastation … Human tragedy … Chaos and poverty.” “Recognize that if America fails, our children will live on a dark and bloody planet,” Gingrich told them. Somewhere in this catalogue of catastrophe, Gingrich signed the Contract With America, a 10-point agenda proposing a balanced-budget amendment, congressional term limits and other reforms. “We have become in danger of losing our own civilization,” Gingrich warned. Americans had seldom heard a politician talk this way, and certainly not a speaker of the House. But that’s what Gingrich became after the GOP’s landslide victory in the 1994 election. The Contract With America made little headway — only three minor provisions (paperwork reduction!) became law — but the rise of Gingrich and his shock troops set the nation on a course toward the ruinous politics of today. Much has been made of the ensuing polarization in our politics, and it’s true that moderates are a vanishing breed. But the problem isn’t primarily polarization. The problem is that one of our two major political parties has ceased good-faith participation in the democratic process. Of course, there are instances of violence, disinformation, racism and corruption among Democrats and the political left, but the scale isn’t at all comparable. Only one party fomented a bloody insurrection and even after that voted in large numbers (139 House Republicans, a two-thirds majority) to overturn the will of the voters in the 2020 election. Only one party promotes a web of conspiracy theories in place of facts. Only one party is trying to restrict voting and discredit elections. Only one party is stoking fear of minorities and immigrants. Admittedly, I’m partisan — not for Democrats but for democrats. Republicans have become an authoritarian faction fighting democracy — and there’s a perfectly logical reason for this: Democracy is working against Republicans. In the eight presidential contests since 1988, the GOP candidate has won a majority of the popular vote only once, in 2004. As the United States approaches majority-minority status (the White population, 76 percent of the country in 1990, is now 58 percent and will drop below 50 percent around 2045), Republicans have become the voice of White people, particularly those without college degrees, who fear the loss of their way of life in a multicultural America. White grievance and White fear drive Republican identity more than any other factor — and in turn drive the tribalism and dysfunction in the U.S. political system. Other factors sped the party’s turn toward nihilism: Concurrent with the rise of Gingrich was the ascent of conservative talk radio, followed by the triumph of Fox News, followed by the advent of social media. Combined, they created a media environment that allows Republican politicians and their voters to seal themselves in an echo chamber of “alternative facts.” Globally, south-to-north migration has ignited nationalist movements around the world and created a new era of autocrats. The disappearance of the Greatest Generation, tempered by war, brought to power a new generation of culture warriors. But the biggest cause is race. The parties re-sorted themselves after the epochal changes of the 1960s, which expanded civil rights, voting rights and immigration. Richard Nixon’s “Southern Strategy” began an appeal to White voters alienated by racial progress, and, in the years that followed, a new generation of Republicans took that racist undertone and made it the melody. It is crucial to understand that Donald Trump didn’t create this noxious environment. He isn’t some hideous, orange Venus emerging from the half-shell. Rather, he is a brilliant opportunist; he saw the direction the Republican Party was taking and the appetites it was stoking. The onetime pro-choice advocate of universal health care reinvented himself to give Republicans what they wanted. Because Trump is merely a reflection of the sickness in the GOP, the problem won’t go away when he does.
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08.04.2022, 09:12 PM | #239 |
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Republicans and their allied donors, media outlets, interest groups and fellow travelers have been yanking on the threads of democracy and civil society for the past quarter-century; that’s a long time, and the unraveling is considerable. You can measure it in the triumph of lies and disinformation, in the mainstreaming of racism and white supremacy, in the erosion of institutions and norms of government, and in the dehumanizing of opponents and stoking of violence. In the process, Republicans became Destructionists: They destroyed truth, they destroyed decency, they destroyed patriotism, they destroyed national unity, they destroyed racial progress, they destroyed their own party, and they are well on their way to destroying the world’s oldest democracy. Consider just a few of the milestones along this path of destruction — all of which, we can now see, made Trump possible, if not inevitable: Long before Trump promulgated more than 30,000 falsehoods during his presidency, including disinformation about the covid-19 pandemic that contributed to countless deaths:
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08.04.2022, 09:13 PM | #240 |
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Long before Trump discredited democratic institutions with his “big lie” about election fraud:
Against that quarter-century of ruin, what we are living through today is just a continuation of the GOP’s direction for the past 30 years: the appeals to white nationalism, the sabotage of the functions of government, the routine embrace of disinformation, stoking the fiction of election fraud and the “big lie,” and the steady degradation of democracy. Now, it seems, that degradation is accelerating. We see this in the determined efforts by Republican leaders to ignore, or discredit, the truths being revealed by the House Jan. 6 select committee: Trump demanding magnetometers be removed on Jan. 6 so his armed supporters could attend his rally and then march on the Capitol; Trump ignoring pleas from aides and family members to intervene on Jan. 6 to stop the bloodshed; Trump seriously entertaining the seizing of voting machines and attempting to install new leaders at the Justice Department who would support his false fraud claims; and Trump’s allegedly still-active attempts to tamper with witnesses before the committee. As they avert their gaze from the cascading horrors of the failed coup, Republicans are instead looking to a familiar guide: Gingrich. The former speaker, now a board member of the pro-Trump America First Policy Institute, announced this year that he is serving as a consultant to House GOP leader Kevin McCarthy and his team. No sooner had this been disclosed than Gingrich, on Fox News, threatened the imprisonment of lawmakers serving on the Jan. 6 committee, saying they’re “going to face a real risk of jail” after Republicans take over Congress. Throwing political opponents in jail for investigating an attack on the U.S. Capitol and a coup against the U.S. government? Replied Wyoming Rep. Liz Cheney, one of two Republicans on the committee: “This is what it looks like when the rule of law unravels.” But Gingrich knows that. He’s the one who first started tugging at the threads.
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