Links 8/8/2024

KKR Founders Sued for Allegedly Getting Giant Payday for No Work WSJ

Private equity’s interest in audit raises red flags FT

Climate

No Buzz, Just an Anxious Hum: Insect Decline and 2024’s Wet and Silent Spring The Quietus. Commentary:

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Circular battery self-sufficiency Cory Doctorow, Pluralistic

Huge Fire Sparked by a Mercedes-Benz EV Adds to Safety Concerns Dogging Industry WSJ

Lack of Worker Input Creates Bumps in the Road for EV Buses Labor Notes

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Florida’s Biggest Insurer Says It Needs to Increase Rates by 93 Percent Newsweek

Offsets on fire Politico

Syndemics

The dreaded COVID summer surge has arrived. Here’s the latest on symptoms and treatment Fortune

COVID data quietly disappears while cases rise Prism

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Kyoto Univ. professor-led team develops immune cells that attack COVID-infected cells The Mainichi (SocalJimObjects).

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Colorado: First Bulk-Milk Testing Results adds 9 More Infected Dairy Herds to Their List Avian Flu Diary

Overdose Deaths Are Finally Starting to Decline. Here’s Why. Scientific American

Water

How French Drains Work Practical Engineering

China?

Guangzhou Shows Why China Is So Attractive to the Global South The Diplomat

China’s youth seek work in sectors traditionally considered as blue-collar as mindsets shift Channel News Asia

China’s Housing Market May Gain Support as Rental Yields Pull Ahead of Deposit Rates, Economist Says Yicai Global. Commentary:

China confirms the discovery of a major natural gas field in the South China Sea South China Morning Post

Is a high-profile critic of the Chinese Communist Party a con man? NPR

India

To Which Asia Does India Belong – and to Which Is it Headed? The Wire

Can India truly be a global manufacturing powerhouse? Channel News Asia

Big challenges ahead for Muhammad Yunus, Bangladesh’s new interim leader Al Jazeera. Yunus.

Protesters force four Bangladeshi central bank’s deputies to resign Business Standard

Bangladesh garment factories reopen with hopes after PM Hasina’s flight Business Standard

The Great Game

“Talk of stopping projects” — Lugar lab in Georgia might lose U.S. support JAM News

Syraqistan

Muslim bloc meeting holds Israel responsible for assassination of Hamas’ Haniyeh Anadolu Agency

Iran will respond at ‘right time’ to killing of Hamas leader BBC

Fearing ‘Catastrophic War,’ Biden Warns Iran Against Attack and Pushes Netanyahu to Make Deal Haaretz

Israel would trigger regional war with preemptive strike, require help from US: Israeli general Anadolu Agency

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Israel vows to kill new Hamas chief Sinwar as US warns against escalation France24

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UK’s biggest private pension fund dumps £80mn of Israeli assets FT

Western ambassadors to skip Nagasaki memorial after Israel snub Channel News Asia

‘We’ve lost everything, for what?’: Gazan anger at Hamas grows as war drags on 972 Magazine

European Disunion

US Decision to Tear Up INF Treaty Has Left Nuclear ‘Sword of Damocles’ Hanging Over Europeans’ Heads Defend Democracy Press

New Not-So-Cold War

Why has Ukraine launched a cross-border attack on Russia? BBC. Commentary:

What is Ukraine’s goal in the Battle for Kursk? BNE Intellinews

Trump’s vice-presidential nominee refused to take calls from Ukraine’s intelligence chief and Air Force chief – WP Ukrainska Pravda

Something Is Rotten in the State of Russian Arms Industry RAND

Transit of Russian gas through Ukraine continues Ukrainska Pravda

South of the Border

An Attempted Coup By Any Other Name… Orinoco Tribune

Venezuela army rejects opposition appeals, vows ‘absolute loyalty’ to Maduro France24

2024

DOJ contends Hunter Biden was hired by Romanian oligarch to ‘influence US policy:’ docs FOX

Spook Country

FBI raids New York home of former UN weapons inspector Scott Ritter: ‘Ongoing federal investigation’ FOX. Commentary:

American Stasi: Tulsi Gabbard Confirms “Quiet Skies” Nightmare (no paywall) Matt Taibbi, Racket News

Big Brother Is Watching You Watch

A booming industry of AI age scanners, aimed at children’s faces WaPo

Digital Watch

Burst Damage Ed Zitron, Where’s Your Ed At?

This is the beginning of the end of the generative AI boom Blood in the Machine

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New Research: So Far, AI is Not Disrupting Search or Making a Dent in Google SparkToro

The Olympics

Tom Cruise to perform death-defying stunt at ‘dystopian’ Olympics closing ceremony France24

Behave yourselves, China tells its Olympic fans BBC

Healthcare

After private equity takes over hospitals, they are less able to care for patients, top medical researchers say Gretchen Morgenson, NBC

The Clamp Incident: On Therapy In Modern Medicine 3 Quarks Daily

Class Warfare

What’s Happening in Louisville Could Solve a Housing Crisis Tressie McMillan Cottom, NYT

‘The Problem Is, There’s No Place for Anyone to Go’ FAIR

The Absurdity of Human Sentience George Tsakraklides

The Wisdom of Fish Schools Nautilus

The medieval world’s Baltic connection Engelsberg Ideas

Antidote du jour (Alan Manson):

See yesterday’s Links and Antidote du Jour here.

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About Lambert Strether

Readers, I have had a correspondent characterize my views as realistic cynical. Let me briefly explain them. I believe in universal programs that provide concrete material benefits, especially to the working class. Medicare for All is the prime example, but tuition-free college and a Post Office Bank also fall under this heading. So do a Jobs Guarantee and a Debt Jubilee. Clearly, neither liberal Democrats nor conservative Republicans can deliver on such programs, because the two are different flavors of neoliberalism (“Because markets”). I don’t much care about the “ism” that delivers the benefits, although whichever one does have to put common humanity first, as opposed to markets. Could be a second FDR saving capitalism, democratic socialism leashing and collaring it, or communism razing it. I don’t much care, as long as the benefits are delivered. To me, the key issue — and this is why Medicare for All is always first with me — is the tens of thousands of excess “deaths from despair,” as described by the Case-Deaton study, and other recent studies. That enormous body count makes Medicare for All, at the very least, a moral and strategic imperative. And that level of suffering and organic damage makes the concerns of identity politics — even the worthy fight to help the refugees Bush, Obama, and Clinton’s wars created — bright shiny objects by comparison. Hence my frustration with the news flow — currently in my view the swirling intersection of two, separate Shock Doctrine campaigns, one by the Administration, and the other by out-of-power liberals and their allies in the State and in the press — a news flow that constantly forces me to focus on matters that I regard as of secondary importance to the excess deaths. What kind of political economy is it that halts or even reverses the increases in life expectancy that civilized societies have achieved? I am also very hopeful that the continuing destruction of both party establishments will open the space for voices supporting programs similar to those I have listed; let’s call such voices “the left.” Volatility creates opportunity, especially if the Democrat establishment, which puts markets first and opposes all such programs, isn’t allowed to get back into the saddle. Eyes on the prize! I love the tactical level, and secretly love even the horse race, since I’ve been blogging about it daily for fourteen years, but everything I write has this perspective at the back of it.

40 comments

  1. Antifa

    AL-AQSA MOSQUE
    (melody borrowed from The Old Rugged Cross  by George Bennard, 1912, as sung by the Redeemed Quartet)

    On a sacred high hill stands the Al-Aqsa mosque
    But our God left that hill in our name
    There our temple was lost so this mosque we detest
    We must redeem Judea again

    It’s the cause of our fight with Hamas
    And the reason we’ve knocked Gaza down
    Once we bulldoze the Al-Aqsa mosque
    We will all have a Jewish playground

    Once there is no more mosque and our flag is unfurled
    There’s not one inch of Zion we’ll share
    We’ll build our temple with love when that mosque’s disposed of
    They can rebuild wherever they please

    The Dome of the Rock had it’s time
    It’s splendor for all eyes to see
    We’ve got plans for a push and a shove
    Then the land underneath it is free

    When the Al-Aqsa mosque falls to our wrecking crew
    We’ll level the whole hilltop square
    We are here for to stay so this mosque goes away
    They can always rebuild it somewhere

    Reply
  2. The Rev Kev

    “Western ambassadors to skip Nagasaki memorial after Israel snub”

    I note that it was only Collective West countries having a hissy fit about the Israelis not being invited but this is exactly what should happen with Israel around the world – that it be boycotted from any public event the same way that Apartheid South Africa was. What happened here was that western countries showed their full public support for a country engaged in an active genocide and there is no getting around that. The Japanese PM never made mention of which country nuked Hiroshima in his speech a few days ago so perhaps the Mayor of Nagasaki should twist Rahm Emanuel’s tail and say exactly who nuked Nagasaki and call on him as US Ambassador to apologize.

    Reply
    1. mrsyk

      so perhaps the Mayor of Nagasaki should twist Rahm Emanuel’s tail and say exactly who nuked Nagasaki and call on him as US Ambassador to apologize. I imagine you are not the only one who feels this way.

      Reply
    2. SocalJimObjects

      Honestly what’s happening could have been written by the Babylon Bee with the following headline: Genocide 7 countries are having a disagreement on whose genocide is more Tik Tok worthy.

      Reply
    3. El Slobbo

      Japanese PM Kishida knows better than to make his American bosses uncomfortable at a ceremony commemorating an American war crime. So of course Kishida focuses on a theoretical Russian threat instead.

      Reply
    4. Tokyognome

      I couldn’t agree more, but what moved the mayor is most probably alone the desire to prevent disruption of the ceremony. A “snub” would be entirely against Japanese etiquette.

      Reply
    5. Tokyognome

      I don’t think this was intended as a “snub.” More likely that the mayor has agonized over the decision. I believe the genuine intention was to protect the ceremony. Everything else would be drastically in violation of Japanese etiquette.

      Reply
    6. Acacia

      It’s almost as if the Collective West is saying Zionist lives are more far worthy than Japanese lives.

      I mean, how else should we read their refusal to attend the memorial?

      And then there’s the whole issue of the U.S. decision to use nuclear weapons against civilians, women and children, and then to try and lie about it.

      Reply
  3. griffen

    Closing ceremony hype…Cruise doing a mission impossible like act of heroism by swimming up from the depths of the Seine? Now on the other hand, if he’s doing “Top Gun” Maverick level stunts, that’s decidedly different. Could not help it…\sarc

    Behold the river is clean, says Tom. Ah I see the connection to the 2028 games. What a gigantic waste of tangible funds. Los Angeles doesn’t have other concerns to address by 2028, I’m sure of it.

    Reply
    1. The Rev Kev

      What if during the Closing Ceremony, the French put the Olympic five circle symbol into a dumpster bin, set it on fire, and then boot it in the direction of the Los Angeles delegation. That could work. Not sure why Los Angeles is getting the Games again as this will be the third time that they have had it.

      Reply
      1. Morpheus

        Not sure if this really answers the question, but in the process of awarding the 2024 games, only Paris and Los Angeles were interested (there may have initially been others, but they dropped out). So, the Olympic committee decided to award the 2024/2028 games at the same time (in 2017!).

        Basically, it seems that most of the world’s cities have learned that hosting the Olympics is not a blessing, but a curse.

        Reply
        1. The Rev Kev

          Maybe then they should permanently home the Olympics in Greece and have it there every four years. All competing nations could kick in some money too based on the size of their contingent and you could still have the carrying of the Olympic flame as it can make its way around the world.

          Reply
        2. John Wright

          1976 Montreal Olympics saddled the citizens with debt that was not paid off until 2006. 300 million early estimate ended up being 1.5 billion.
          Politicians like stadiums and sports and even an area like Oakland,ca will try to justify sports as a good investment.
          Holding the summer Olympics in a fixed location , perhaps even Greece , appeals to me.

          Reply
    2. SocalJimObjects

      Because of Barbieheimer, Mission Impossible : Dead Reckoning Part 1 actually underperformed at the box office last year. Tom Cruise probably feels like he has to perform this stunt in order to prevent a recurrence when Part 2 is released next year.

      Then again, I have never bought into the whole thing about Tom Cruise doing his own stunts. Am I also supposed to believe that the President of a country of 260 million people actually pulled an incredible Mission Impossible like stunt for the opening of the Asian Games 2018? https://www.reuters.com/article/world/asia-pacific/vroom-indonesia-president-a-hit-on-social-media-after-motorbike-stunt-idUSKCN1L40BE/

      Reply
  4. JohnA

    Re Trump’s vice-presidential nominee refused to take calls from Ukraine’s intelligence chief and Air Force chief – WP Ukrainska Pravda

    Considering the number of high level western politicians that have been conned into talking indiscreetly about western intentions by Russian prankster duo Vladimir Kuznetsov and Alexei Stolyarov, whose modus operandi involves masquerading as Ukrainian leaders or senior officials, Vance is probably extremely wise, rather than weird, in refusing to take calls from Ukraine.

    Reply
    1. The Rev Kev

      Since Trump and Vance are no friends of Zelensky, it may have been wise not to take those calls. I would suspect a set up by the Ukrainians to make them look bad and try to cost them votes by how those phone calls went. It would be all downside and no upside taking those calls. Wouldn’t be the first US Presidential election too that the Ukrainians tried to help rig either.

      Reply
  5. Steve H.

    > Something Is Rotten in the State of Russian Arms Industry RAND

    Lambert dropping breadcrumbs, from RAND to kyivindependent. Just a click away.

    Here’s another: Muhammad Yunus.

    Reply
  6. Lena

    Re: ‘The Problem Is, There’s No Place To Go’

    This FAIR interview is an important one. It details how not only are the homeless being criminalized across the country, so are the people who are trying to help them. It also explains where most of the money to help the homeless actually goes. Clue: it doesn’t go to providing housing.

    “I ain’t got no place in this world anymore.” The crying out in Woody’s songs remains with us. That is the power of a prophet.

    Reply
    1. Lena

      Woody’s song says “I ain’t got no *home* in this world anymore.” I felt the need to correct that since I know it was a mistake. “Place” and “home” are very different things. My patchy internet connection didn’t allow me to fix it immediately.

      Stay safe out there, especially those of you who are experiencing homelessness.

      Reply
  7. Carolinian

    Red Heifer mania

    https://www.middleeasteye.net/news/israel-practise-red-heifer-ritual-al-aqsa

    And perhaps if Harris ever gives a news conference she should be asked whether, if elected, she intends to dial back the Biden administration’s sneaky as always fascism. Of course given that Tulsi once humiliated the Dem instacandidate one might suspect that Harris had something to do with Tulsi’s SSSS designation. Once again a news conference could clear all this up.

    Reply
    1. griffen

      Well at the moment the stenographer class is busily keeping us all apprised of this new ticket fresh off the presses from whomever is behind the curtain. Behold our wonderful Oz! The economy will soar, the poor shall become whole, the blind shall see…throw in all manner of platitudes.

      We’re off to see the wizards, those wonderful wizards of Oz…also a news conference might actually require answers to any tough questions, or say a potential list of future policy thoughts and positions.

      Reply
    2. Acacia

      And perhaps if Harris ever gives a news conference she should be asked whether, if elected, she intends to dial back the Biden administration’s sneaky as always fascism.

      Seems she’s done one better. Twitter is lit up:

      “The Vice President shared her sympathies and expressed an openness to a meeting with Uncommitted leaders to discuss an arms embargo” on Israel, the movement said in a statement.

      Of course we here recognize the “fighting for” feint in this, but normie voters and hoodwinkable Gen Z may not…

      Reply
  8. pjay

    Let me see if I’ve got this story straight. The leader of a very poor foreign country who was at one time praised for her policies toward the poor but is now “corrupt” and “authoritarian” tries to stay neutral in our current Cold War 2.0. She reportedly resists the attempts by the US to interest her in a US air force base. Violent protests against her “corrupt regime” ensue, and eventually she is deposed by the military and forced to flee the country. Her successor is a “Nobel Prize” winning economist trained in the West who loves “markets.”

    I certainly don’t want to suggest anything “conspiratorial” or question the “agency” of the protestors. But doesn’t this sound just a *little* familiar?

    Reply
  9. The Rev Kev

    “Talk of stopping projects” — Lugar lab in Georgia might lose U.S. support”

    Having a bit of a problem with this article. It seems that the US is threatening Georgia by pulling back support of – a biolab? Really? Is that like one of the US biolabs in the Ukraine that were testing viruses and diseases on their own soldiers, prisoners and unwitting civilians and sometimes there would be outbreaks of abnormal diseases in the local area? Georgia should take the win and shut down any other biolabs that there is in Georgia. God knows what is being cooked up in them.

    Reply
    1. Belle

      One wonders why House Republicans have not already voted to shut the labs down. Perhaps they think they are under HHS control. (Conspiracy theorists often overlook simple things like bureaucracy, be it a NIAID official overseeing a massive DoD program, in addition to his officiall duties or the Bishop of Durham simultaneously translating the Bible, writing occult literature, and being Lord Coroner of London. (A reference to a conspiracy theorists whose focus is on attacking any versions that are not King James.))
      I personally think that, as the Cold War ended over 30 years ago, the program should be phased out. But I think the same of NATO…

      Reply
  10. Katniss Everdeen

    RE: Aaron Mate/Scott Ritter

    It can’t be much longer before “they” start going after Aaron Mate, Max Blumenthal and even Judge Napolitano for showcasing them.

    Just watching John Mearsheimer being interviewed by Glenn Greenwald on his show last night. “They’re” going to have to shut him up soon too I would think.

    Reply
  11. Wukchumni

    Lady Kamala, syntax your defeat
    Wonder how you manage to make words meet
    Who spends the money that came & went?
    Did you think that money was heaven sent?

    Friday night arrives without a press conference
    Sunday morning tv shows creeping along without you
    Monday’s main stream media has learned to forget things
    See how she runs

    Lady Kamala, please keep us abreast
    Wonder how you manage to ignore the rest?

    See how she runs

    Lady Kamala, lying on the bed
    Listen to the word salad playing in your head (head)

    Tuesday afternoon is never ending, can’t do a presser
    Wednesday morning pant suit wardrobe didn’t come
    Thursday night, your message needed mending
    See how she runs

    Lady Kamala, syntax your defeat
    Wonder how you manage to make words meet

    Lady Madonna,by the Beatles

    https://www.youtube.com/watch?v=czhd27cN2dg

    Reply
  12. Mikel

    To Which Asia Does India Belong – and to Which Is it Headed? – The Wire

    Can India truly be a global manufacturing powerhouse? – Channel News Asia

    Couldn’t help but notice that neither article mentioned BRICS – not even in passing.

    Reply
  13. The Rev Kev

    “Analysis | Fearing ‘Catastrophic War,’ Biden Warns Iran Against Attack and Pushes Netanyahu to Make Deal”

    Noticing a minor trend where the media is saying that perhaps Iran won’t attack after all because Biden is so persuasive and Netanyahu is willing to do some compromises. Politico is reporting the same. Washington warned Tehran through intermediaries that ‘a massive strike would only inflame tensions and risk a direct confrontation between the two countries.’ Of course without a strike, Israel would see that as weakness and would feel free to do so again on a weekly basis like they have been doing in Syria for years. In any case, this sounds like a lot of wishful thinking. There will be a strike and at the moment the IDF must be wearing themselves out being on constant full alert to Iran’s advantage.

    Reply

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