Links 10/22/2024

Lobsters In The Shallows Are Emerging From Their Caves Portland Press-Herald

Meet The Italian ‘Fruit Detective’ Who Investigates Centuries-Old Paintings For Clues About Produce That Has Disappeared From The Kitchen Table Smithsonian

Climate

Plant Co2 Uptake Rises By Nearly One Third In New Global estimates (press release) Oak Ridge National Laboratory

Wildfires and smoke are becoming more deadly around the world, research shows Wildfire Today

An ‘Obamacare’ for homeowners insurance could protect against climate change The Hill

The myth of plastic recycling is finally unravelling The Telegraph (MT).

Water

Ensuring Resilient Water Infrastructure Requires Creative Financing RAND

Syndemics

The Four Rapid COVID PCR Tests You Can Take at Home (and Why You Should) Life Hacker

China?

Why Xi Jinping changed his mind on China’s fiscal stimulus FT

Commentary: Were warnings of Hong Kong’s demise as a financial hub exaggerated? Channel News Asia

Beijing hails cross-strait policies as Taiwanese visitor numbers, residence bids surge South China Morning Post

Syraqistan

Hezbollah hiding more than $500M in gold, cash under hospital in Lebanon, IDF says FOX. The deck: “Israel said it has no plans to target the bunker hiding trove under the al-Sahel hospital in Beirut.”

Israel launched a dozen attacks on UN troops in Lebanon, says leaked report FT

What Type of Leader Will Hezbollah Have Next? Lawfare

After Nasrallah London Review of Books

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Israel Cancelled Plans For Earlier Strike on Iran After Key Documents Leak – Reports Military Watchd

Media Blackout on Leaked U.S. Intelligence Docs Ken Klipperstein

What leaked US assessment of Israeli plans to strike Iran shows BBC

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Quiet and muted refusal: Regular fighters are no longer willing to continue fighting (Google translate) Makom

‘He got out of Gaza, but Gaza did not get out of him’: Israeli soldiers returning from war struggle with trauma and suicide CNN. Commentary:

* * *

Israel proposes ‘limited’ cease-fire without withdrawal from Gaza: Report Anadolu Agency. Commentary:

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US authorizes CIA mercenaries to run biometric concentration camps in Gaza Strip Dan Cohen, Uncaptured Media. The deck: “A private intelligence corporation billed as “Uber for war zones” is preparing to create what Israel hopes will be the model for supplanting Hamas rule in Gaza.”

Paying ‘Israel’s’ war bills may force difficult choices: AP Al Mayadeen

New Not-So-Cold War

Ukraine’s defense minister outlines Kyiv’s ‘victory plan’ David Ignatius, WaPo. The deck: “Rustem Umerov explains a pragmatic vision for ending the war with Russia.”

Poland to request access to secret appendices of Ukraine’s Victory Plan Ukrainska Pravda

Biden’s New $400 Million Ukraine Package ‘Not Enough’: Ex-CIA Director Newsweek. Petraeus.

* * *

Is NATO ready for war with Russia? Kyiv Independent

Why Europe Is Unprepared to Defend Itself Bloomberg

* * *

Why should Putin negotiate? The Spectator

Russia’s elusive war aims FT

* * *

Kiel Institute Report on Ukraine War Manufacturing: A Deep Dive Simplicius, Simplicius the Thinker

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A cold shower for Euro-integrationists. What happened with the referendum and presidential elections in Moldova? JAM News

Why the majority in Moldova votes against its European future European Pravda

* * *

Russian Pacific Fleet Redux: Japan’s North as a New Center of Gravity War on the Rocks

BRICS

Meeting with journalists from BRICS countries Vladimir Putin, President of Russia

What can we expect from the 2024 BRICS summit? Brookings Institution

Can the BRICS beat the G7? BNE Intellinews

Can BRICS Finally Take On the West? Foreign Policy

Putin seeks unity at BRICS summit to challenge Western ‘hegemony’ France24

Malaysia BRICS Bid: Malaysia keen to join expanding grouping CGTN

2024

Trump’s McDonald’s visit served up four brilliant political moments FOX

Trump Accuses Kamala Harris Of Lying About Having Job At White House The Onion

Ukraine May Cost Trump the Election Rolling Stone

Who would run Kamala Harris’s economy? FT

Trump US rallies leave behind unpaid dues, again and again Al Jazeera

Digital Watch

Requiem for Raghavan Ed Zitron, Where’s Your Ed At?

Police State Watch

Lawsuit Argues Warrantless Use of Flock Surveillance Cameras Is Unconstitutional 404 Media

Antitrust

The FTC Is Better When It’s Less Ambitious Matt Yglesias, Bloomberg

The Final Frontier

Ancient meteor four times the size of Mount Everest may have sparked life on Earth Daily Mail

Most of Earth’s meteorites may have come from the same 3 spots Space.com

Sports Desk

World Series! Ross Barkan, Political Currents

The Liberty Were Built, Bought, And Blessed Defector

Seven Essential Texts That Show the Human Side of Black Legal History Literary Hub

Class Warfare

Another Nobel for Anglocentric Neoliberal Institutional Economics Jomo Kwame Sundaram, Challenging Development+

Big and small businesses are nothing like each other Tax Research UK

Kids are sucking down baby food pouches at record rates. ‘We’re going to pay for it,’ experts say LA Times (Carla).

How the Human Brain Contends With the Strangeness of Zero Quanta

Antidote du jour (Steven G. Johnson):

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.

144 comments

    1. Lambert Strether Post author

      > 255k cows

      That’s a lot. IIRC, the morgue trucks are overloaded (shaded of New York, 2020). Hence the carcasses by the roadside (from which naturally we have no expectation that birds of prey will spread the virus further).

      Reply
    2. Milton

      Are they dying from the disease or are they being slaughtered lest the disease spread? Is it incorrect to surmise that these herds can actually recover and resume normal activity from high density feed lot to one’s dinner table if given the opportunity?

      Reply
    3. kareninca

      But that is not right. 10 to 15 percent of the infected cows have died. Not 10 to 15 percent of all CA cows. It has been pointed out that Anja miswrote. There are not a quarter of a million dead CA cows. I will try to find a citation for this; I have only seen the correction pointed out by people on twitter. It’s still very bad of course.

      Reply
  1. farmboy

    Dead diseased cows are dumped by the side of the road to dampen the chance of infection for the rest of the herd, workers, et all. it’ll be worse than the worst horror movie at the landfills where those carcasses are dumped and sit while waiting to be covered up
    More than a million chickens at a farm in Franklin County, Washington, are set to be destroyed because of bird flu. Officials are now deliberating on how to transport, bury, compost or incinerate the birds.
    Over a million chickens in one Washington county have bird flu
    http://www.knkx.org/agriculture/2022-12-19/over-a-million-chickens-in-one-washingto…

    Reply
    1. Paul Jonker-Hoffren

      The Netherlands has a pretty intensive livestock industry. I read that between 2021 and 2023 roughly 7 million chickens were preventively killed to prevent avian flu…

      But there is an industry to use those animals: they are sterilized at 133 degrees C for 20 minutes under high pressure, after which the animals are dried and processed and used for fat and “proteine meal”. This firm has a legal monopoly to do this: https://www.darlingii.com/rendac

      Reply
  2. The Rev Kev

    “An ‘Obamacare’ for homeowners insurance could protect against climate change”

    Do these people even hear themselves? Do ordinary Americans love their Obamacare? Wasn’t there an article on NC some time ago saying that paying for the Obamacare premiums was so expensive annually, that it was like paying for a car each and every year? How expensive would Obamacare for house insurance be then? Would it be like making a second mortgage payments on your house each and every year? Will it start with a brand new website that nobody can access?

    Reply
    1. Psyched

      GAHHHHH! I am so done with people making bad decisions that I have to pay for. They eat a bad diet, vape, and you get sick, all our insurance rates go up and then THEY get bailed out. Dismiss climate change and build your house in a hurricane zone, all our insurance rates go up and then THEY get bailed out.

      People who do not take care of themselves of make dumb decision on where to build a house shoul not be rewarded, they should be shamed.

      Reply
      1. vidimi

        the main problem is that places that were previously thought safe from hurricanes or flooding are proving not to be.

        The earth’s ecosystem began breaking down in earnest in 2016 here in France, according to our insurance data. Every year is getting weirder. 2024 is setting up to be the wettest year on record for most of the country and I’d be willing to bet that this will have been the warmest month of October since records began. We’re in uncharted territory.

        Reply
        1. The Rev Kev

          I think that you are right. I was reading the other day how people thought that South Carolina would be a safe place from climate change and people were moving there. I guess that nowhere is safe.

          Reply
        2. Carla

          Vidimi, here are some facts on warm late October temps in Cleveland Ohio:

          “Well, five days of temperature of at least 70 degrees in a row from Oct. 16 to Oct. 31 occurred in seven other years since 1950.

          The last occurrence was in 2017 in the five days from Oct. 18 through Oct. 22.”

          https://www.msn.com/en-us/weather/topstories/just-how-unheard-of-in-cleveland-is-this-stretch-of-70-degree-days-this-late-in-october/ar-AA1sFta6

          I realize this does not negate your experience in France, but think it’s worthy of consideration.

          Reply
        3. Psyched

          These same people and the government are doing nothing about climate change though. Climatologists knew this would be the result and were ignored.

          There was never a safe place from climate change.

          Reply
          1. juno mas

            Yes, there is no safe place from climate change. Even if your house is not flooded The utilities that keep the heat and lights “on” may be destroyed. If the power returns the roads/bridges may be damaged and transport of food and fuel delayed. If you attempt to eat something defrosted from an un-powered refrigerator you get sick, but the hospital can’t attend to you because some people are in real physical distress. And even if you prepared for disaster and stored food for later consumption, your commode won’t flush and the home gets real stinky.

            Climate change is real and there is no escape.

            Reply
        4. Mark Gisleson

          I guess I should feel smug. Almost by chance I ended up living in a valley that’s mostly farms and woodland. Weather has been close to ideal, the upper Mississippi River valley has been cooler when it’s hot and warmer when it’s cold. Because the field I inherited has had good weather resulting in good crops, I’ve gotten bonus checks in all but the last two years.

          Btw, valleys are almost always flood plains. There’ll come a year when I’ll feel shamed but until then, life is good.

          Reply
      2. britzklieg

        Are the NC mountains a hurricane zone? Will the damage there, or in the poorest parts of Florida get “bailed out?” When insurance companies’ favorite response to legitimate claims (ALL insurance, including health) is “claim denied” is it the fault of those paying the outrages rates you rightfully condemn?

        I see nothing in your comment about the outrageous salaries insurance executives pay themselves for ripping off the public…

        Reply
        1. Carla

          Insurance is a criminal industry. Always has been, always will be. That’s why it must be nationalized — but alas, not in my lifetime.

          Reply
          1. Lina

            I’m in the process of researching pet insurance for a new puppy I’m going to be getting. It is killing me to even think about spending money on this because I understand an insurance company’s goal is not pay out any money.

            But a catastrophic illness or accident is not something I’m willing to take a risk on.

            Reply
      3. Eric Anderson

        We’re witnessing the horror show that unfolds when people forget there are no rights without duties.

        “The fulfillment of duty by each individual is a prerequisite to the rights of all. Rights and duties are interrelated in every social and political activity of man. While rights exalt individual liberty, duties express the dignity of that liberty.”

        — Preamble to the American Declaration of the Rights and Duties of Man. Found here: https://www.oas.org/dil/access_to_information_human_right_American_Declaration_of_the_Rights_and_Duties_of_Man.pdf

        Every act of **{Family blog} you! It’s my right to [do x, y or z irresponsible behavior} and you can’t stop me” is an action that ensures the eventual removal of the right to do so.

        “The test of a first-rate intelligence is the ability to hold two opposing ideas in mind at the same time and still retain the ability to function. One should, for example, be able to see that things are hopeless yet be determined to make them otherwise.” — F. Scott Fitzgerald

        So too, one should be able to see that *their* rights are contingent upon the duties we owe one another and our shared home — earth.

        Reply
        1. Eric Anderson

          Or, I should say “when people [fail to apprehend] there are no rights without duties. As evidence, we have the flag humper bumper stickers preaching that without military duty none of us would have any rights, while simultaneously rolling coal and coughing all over their immuno-compromised neighbor while wearing a cross around their neck.

          Rights only come from the barrel of a gun. How could they possibly come from the sermon on the mount?

          Reply
      4. redleg

        All of this is easily mitigated by assimilating the multitude of insurers into a single risk pool. It also expands coverage, cuts overhead expenses, and maximizes bargaining power when paying for claims (or denying coverage for excessive risk).

        Reply
      5. Anonted

        The people who build the houses in locations at risk, are not usually those who own the houses when disaster strikes. The owners who have bought, in a state like FL eg. that has had a formal policy of denial regarding climate change (and homosexuality for good measure), judged the market by its valuation, and not its security; the latter of which was taken for granted based on the postures of everyone from the realtors, to the developers, to the financiers, to the Governor. Volume and velocity baby. Hottest of all the potatoes.

        Reply
    2. Pat

      It makes more sense if you realize that Obamacare was a legally mandated ongoing bailout of the private health insurance industry. A bailout that makes those insurance companies billions, that has legalized providing little or no actual healthcare. Now the private home and property insurance companies are facing a similar even speedier destruction of their business model. Of course they, and their investors, want the same kind of bailout.
      It won’t work. The employer mandated health insurance hides the real cost of junk insurance which does little or nothing, even from the employees themselves. That model won’t work for property insurance. The insurance will have to cover the damage. Largely because it doesn’t have the same pressure valve that ACA has for business who will not allow themselves to be forced to purchase this for their employees. Not to mention that the FIRE industry will want their properties protected in reality not just on paper. They aren’t going to pay the full freight for insurance that does not actually reimburse them for said properties even if they could raise their rents. Employees getting sick because their expensive insurance is inadequate don’t hold the same liability for most businesses.

      But they will probably try.

      Reply
    3. Kontrary Kansan

      The solution to any form of Obama-care is the same: universal, socialized coverage.
      We would all be the better with nationalized insurance programs: health, homes, cars, etc.
      Revenue could be recycled to finance infrastructure, including real public transportation.

      Reply
    4. tegnost

      The insurance co’s love their ocare, socialists that they are

      https://www.cbo.gov/publication/59273

      I get a kick out of the medicare balloon for 2033…like those other classes won’t blast off along with it
      25 trillion in 2033? Try 50…grifters gotta grift
      Can no longer find the link but some senator in the early 2010’s scare mongered m4a costing .gov 1.8 trillion a year…now thats how much we pay the insurance co’s to manage all the premiums they are collecting.
      It’s a rotten system, so yes transferring/adapting this scam to homeowner insurance will happen.
      This from 2012 condenses some of the bs, sort of…
      https://www.commonwealthfund.org/publications/newsletter-article/716-billion-medicare-cut-one-number-three-competing-visions

      Reply
    5. Michael Fiorillo

      I’m confused, please help me!

      Articles like this tell me I should cherish Obamacare, a product of the Heritage Foundation… but then articles by essentially the same people tell me I should live in mortal fear of Project 2025, another Heritage Foundation project.

      What’s a #McResistance Liberal to do?

      Reply
      1. Glen

        I do not consider myself an expert on this, but I think you are suppose to go back to brunch if the Dems are elected, and then applaud loudly in public (at brunch) when the Dems pass ObamaProject 2025.

        Reply
  3. Emma

    This was noted from the start but a year in, I now think the genocide in Gaza and now extended to the West Bank and Lebanon, was primarily about stealing oil and gas reserves from the Palestinians and Lebanese. That was the solution to cutting off Russian gas, by making Israel (may cut the UAE and Qataris in) the gas station to the EU in the Eastern Mediterranean.

    So that’s how they’re going to pay for their genocide.

    Reply
    1. Mikel

      I suppose that would also provide for returning workers to Greater Israel and rebulding.
      While the many problems with Israel and the USA’s military weapons and strategies are noted, they haven’t been stopped.
      Waiting for internal combustion of Israel or the USA has a kind of “things will be better in heaven” vibe.

      Reply
      1. Emma

        It’s agonizing to watch for anyone with any humanity, but Israel is really falling apart at the seams and still haven’t been able to defeat Hamas after a year of complete siege. Its American backer is losing against the Houthis. All they can do is kill civilians through world historical level war crimes that they proudly display in real time.

        This will pass. When it does, it may come as suddenly as the evacuation from Kabul. Westerners with a conscience can speed things along by participating in BDS and organize general strikes.

        Reply
    2. Ignacio

      That might xplain current unconditional support for Israel from German officials indeed. As a matter of fact i found a link on Swissinfo (in Spanish i regret to say) from March 2022! about an agreement between Germany and Israel on energy issues including exploitation of NG resources.

      Reply
      1. Ignacio

        So one can make a narrative of sorts: the Russo-Ukrainian war (and Nordstream blasts) forced Germany to find NG alternatives, being one of these the Israel-German agreement on energy issues which in turn obliges Germany now to be kind to the Israelites no matter what they do.

        Reply
    1. Mark Gisleson

      Still watching my emailbox for Matt’s hyped big story on those UK Labour hacks working the election for Harris!

      Reply
        1. Duke of Prunes

          If that article is accurate, I can understand Elon’s strong support for Trump. He’s not trying to kill Twitter.

          Reply
        2. lyman alpha blob

          So they’re using a UK group who helped squash Jeremy Corbyn. And this story has already been run in corporate media for months. Not only have I not heard anybody yelling about “foreign interference in our elections”, this is the first I’ve heard of it at all.

          Reply
  4. The Rev Kev

    “A cold shower for Euro-integrationists. What happened with the referendum and presidential elections in Moldova?”

    The Russian Ambassador in Vienna explains-

    ‘Mikhail Ulyanov
    @Amb_Ulyanov
    Moldovan authorities opened only two polling stations in Moscow for 400,000 Moldovan citizens living in Russia (instead of 17 in the past). And someone calls the current Moldovan authorities “democratic”? Gross manipulation of elections and referendum on #EU membership.’

    https://x.com/Amb_Ulyanov/status/1848363624173011079

    Ursula would have had a hand in this election and this would have been one of her ‘tools.’

    Reply
    1. Ignacio

      I believe the most interesting thing about the Moldovan elections- the article is very informative, i recommend it for anyone with interest- is that the EU looks increasingly like ruled by Murphy’s law. That’s vdL’s greatest achievement so far. She was outraged and i like that! I like her the most when she is outraged hahahahaha!

      Reply
    2. Kouros

      It is indeed unfair, and undemocratic, and unprincipled.

      However, there is a long history here and it should be considered.

      In the Soviet Union, only Moldovans (speakers of Romanian and brethren of the majority of Moldovans living in Romania as Romanians and Moldovans – think Italians from Campagna for instance, or French from Burgundy) were gaslighted for 60 years that they were something else that they were, that Moldovan was a different language from Romanian and that they were a distinct culture with a distinct history. This was not done with other republics and the populations from the other republics.

      That gaslighting still lingers.

      As for the 400,000 Moldovan citizens working in Russia, I would crystall ball it that they are mostly of Russian and Ukrainian extraction. Moldovans of Romanian extraction and those that could prove family roots in the country prior to 1939 ( Russians and Ukrainians established there between 1812 and 1917 were given a pass) got Romanian passports (1/2 of Moldovans are also Romanian citizens) likely went for work in the west and in Romania.

      As for the sentiment about EU, that is not great all over Europe, not only in Moldova, but in Romania, Hungary, Slovakia, Eastern Germany, all over the place. UK even exited EU. Moldovans, holding legal claim on Transdnistria, also fear possible conflict, understandable. The question is, why should Moldova renounce to a territory it was given (as a soap), when it was taken the Black Sea coast (Budjak) that was handed to Ukraine?

      Reply
  5. Zagonostra

    >Ukraine May Cost Trump the Election Rolling Stone

    “More than half of Republicans identify as evangelical Christians, and 70 percent of evangelical Christians who vote Republican are more likely to support Ukraine when you tell them that Russia is torturing and oppressing Ukrainians like them for their faith,” Moore asserts.

    Rolling Stone attended Ukraine’s first National Prayer Breakfast in June, joined by Zelensky and hundreds of people from multiple religious denominations.

    What a ship hole the Rolling Stone magazine has become. What happened to it is what happened to the Democratic party in general. War mongers, establishment shills, PMC mouth pieces, pure garbage.

    So much respect lost for “rockers” who fought the “system” in the 60’s and became cheer leaders for it in the 20’s. I don’t have to name them, you know who they are when they outed themselves during the mandatory CV vax. They, and RS, were actually to the right of the supreme court and it looks like they are to the right of Trump on war.

    https://law.stanford.edu/2022/01/20/a-look-at-the-supreme-court-ruling-on-vaccination-mandates/

    Reply
    1. Polar Socialist

      Well, the writer does use the phrase “when you tell them” not claiming that Russia is torturing and oppressing Ukrainians like them. From other news we do know that Ukraine is not the prime example of the religious freedom. What would happen if you told Ukrainians that there are more evangelicals in Russia than there are in Ukraine, though?

      Also, Israel can bomb any church and massacre any amount of Christians without backslash, so one would guess the issues is not that important for the demographics the writer is referring to.

      Reply
        1. The Rev Kev

          But would they? Several days ago about a hundred men in military fatigues raided the St. Michael’s Cathedral in Cherkasy-

          ‘The raiders reportedly used tear gas, smoke grenades and fired a gas pistol into the crowd. Icons, documents and some $60,000 raised by the congregation for the needs of the church were said to have been stolen.’

          The Archbishop was also injured, suffering concussion and burns from these thugs who were likely from the Ukrainian orthodox church-

          https://www.rt.com/news/605956-ukraine-church-raid-theodosius/

          So would they care about his church?

          Reply
          1. NotTimothyGeithner

            Hierarchy of white is at play.

            Then there is the suppression of news, and there is a reason Republican voters aren’t as high on the Ukraine fiasco.

            Reply
    2. ChrisFromGA

      70 percent of evangelical Christians who vote Republican are more likely to support Ukraine when you tell them that Russi that is torturing and oppressing Ukrainians like them for their faith,”

      That is a classic ‘Push poll’ a la “Would you vote for my opponent if you knew that he beat his wife?”

      Discredited. Also, I hang around a lot of evangelicals and I’ve not heard much mention of Ukraine lately. There are a lot of hidebound Israel supporters, though. I’ve seen a lot more Israeli flags including in a place of worship where it shouldn’t be. That’s directly breaking the 1st commandment:

      “Thou shalt have no other gods above me”

      I’ve read lots of stories of Zelensky and the Azov types persecuting the Russian Orthodox Church in Ukraine, so Rolling Stone can join my fish wrapper in lining the bunny’s litter box.

      Reply
    3. Jester

      You left out the meat of the propaganda

      To this end, Zelensky’s government has sought to highlight Russia’s persecution of evangelicals and other religious minorities in the occupied territories under its control. Putin’s regime has kidnapped, tortured, jailed, and even murdered non-Orthodox Christians, such as Jehovah’s Witnesses — regarded as “religious extremists” by Moscow — solely because of their faith, according to findings by the U.S. Commission on International Religious Freedom, a bipartisan agency that monitors religious freedom worldwide.

      In newly conquered territories in Ukraine, Protestants have paid a terrible price, Moore says, especially evangelical Baptists, who have been singled out for persecution by the Russian military as “American spies.”

      Reply
    4. ilsm

      Propaganda!

      Projection. It is Kiev going after churches and clergy associated with the more Christian clerics in Moscow Metropolitan.

      There is nothing about arming Kiev that supports “just war” dogma!

      Christians will ignore late term abortion to support the unjust war. And clip Lockheed coupons.

      Projection!

      Reply
    5. pjay

      RS has indeed become a “ship hole” in recent years. But moreover, beyond staged “prayer meetings” that are organized precisely for propaganda purposes, is it really the case that “evangelical Christians” are that supportive of Ukraine? Sounds like more BS to me. I can certainly believe they strongly support Israel – but Trump is good on that issue. The authors say this:

      “While both the left and the right are divided over various aspects of foreign policy, the most notable gap between majority public opinion and a candidate’s position is with Trump and his antipathy toward Ukraine.”

      This just does not ring true to me. I can accept this is true for some constituencies, especially those of East European origin like Polish Americans who have been conditioned to hate Russia. But “majority public opinion”? Especially the opinion of general Republican voters (vs. warmongering Republican politicians)?

      Remember when Carl Bernstein relied on Rolling Stone to publish ‘The CIA and the Media’? Bernstein, RS, and the whole country have certainly come a long way since then.

      Reply
      1. Detroit Dan

        I have evangelical Christian relatives who are closely attuned to the Republican zeitgeist on the issues, and they are 100% AGAINST the Ukraine War.

        Reply
    6. Chris Cosmos

      Dr. Hunter S. Thompson is rolling, rolling, rolling over in his grave at the stunning decline of Rolling Stone for spreading pro-government mendacity. So many magazines of the past have become Democrat Party propaganda organs. Including staples for me in the 60s and 70s like the New Republic, the New Yorker, Atlantic and so on.

      Reply
      1. MFB

        I have only read a limited amount of its material, but I’d say that Rolling Stone was always a Democrat propaganda outlet (and, incidentally, Thompson was pretty much a Democrat, constantly shilling for people like McGovern and Carter and constantly disappointed).

        The difference is just how much worse journalism has become, and how much worse the Democratic Party has become, so it becomes impossible to cover up the horror, and the employees of the media outlets are too incompetent and lazy to try, anyway.

        Reply
    7. k

      His campaign will cost him the election. Has he got a platform other than “a concept of a plan to fix x,y,z”?

      Today, we have MagaDonald’s T-Shirts.

      to go along with Trump Swiss-made watches (made in Wisconsin), Trump Bibles, sneakers, coins, steaks, action figures, NFTs, vitamins and supplements, wine, cologne, golf clubs, flasks, coffee mugs, candles, oven mitts, shot glasses, pillows, slippers, coffee, Christmas ornaments,..etc.

      Why would anyone think he doesn’t have their best interest at heart????

      Reply
  6. Mikerw0

    I could not disagree more with the op-ed piece arguing for a national program like the ACA to address issues in homeowner’s insurance. There are no issues in homeowner’s insurance. Wait, will maybe. What we are unwilling to do politically is allow insurance companies to charge the price that reflects the risks. And, to compound things, we continue build in CAT prone areas and then when the loss occurs rebuild. This is not a subsidize – mutuality problem.

    Their article also implies the ACA is a success. If by success you mean enriching a small handful of companies instead of providing comprehensive, quality healthcare to our citizens (actually how we finance and pay for it, not the actual care) then yes the ACA is terrific. If you are a patient, a doctor, etc. you hate how we do things.

    Reply
    1. Mikel

      Just like the banks are interested in financial products generated from home loans (not providing people with sustainable and affordable housing), so no surprise that FIRE is mainly interested in the financial products generated from insurance policies (not providing security for people).
      Of course, more privatize the profits and socialize the losses ideas are popping up.
      Same with SLABS (student loan asset-backed securities) .

      Reply
  7. The Rev Kev

    “Ukraine May Cost Trump the Election”

    What happened to you Rolling Stone? You used to be cool once. Now you run copy straight from the DC neocons. I could only make it halfway down and gave up. I took a quick look who wrote this garbage and found this-

    Mac William Bishop … Foreign correspondent currently in Ukraine.
    Guillaume Ptak French journalist living in Kyiv

    That figures. But here’s the deal, pal. From what I see American are fed up with the Ukraine. After those two hurricanes swept through south-east US, they can see how the federal government throws band-aids their way while pumping tens of billions of dollars into the lost cause of the Ukraine merely so when it finally blows up, it won’t happen on the watch of people like Biden, Blinken Sullivan, etc. which would maybe make them look bad. I saw a video of one young girl saying to the camera that they need to go into Ukraine and get our ******* money back and she has friends in Florida and South Carolina doing in tough so go get that ******* money back from them now to spend on Americans instead. She would not be alone in this thought.

    Reply
    1. ChrisFromGA

      I couldn’t bring myself to open the link. I don’t think there is any polling to support that notion. It sounds like very wishful thinking. If anything, foreign policy seems to be way down the list of voter concerns, plus the blue/yellow flags disappeared a long time ago. I’m merely guessing, but I think voters are sick of foreign wars and sending billions to corrupt characters like Zelensky.

      Reply
    2. NotTimothyGeithner

      I feel like its panic from people who see the election through the lens of horse racing.

      “OH yeah, we will tell everyone the Russians are killing Christians.”

      Even for Team Blue and it’s subservience to Tel Aviv, the two tiers of tge US economy are a problem. Harris will probably fall across the finish line, but shes promoted a one time coalition.

      They are starting to realize Ukraine and Saint Zelensky will be forgotten which should have been obvious after the Will Smith slap at the Oscars.

      Reply
    3. flora

      Riiight. Because B has a new $400 million package for Ukr.

      Meanwhile, back at home in a disaster area…. from twtr-X.

      This Video is Not From Weeks Ago, This is NEW

      “We’re up in Chimney Rock, North Carolina — These people up here have not even been checked on — Guys on horseback found people today that it’s the first people that they’ve seen on day 22, it’s just baffling to me”

      “it’s apocalyptic — The smell around here is just it’s death”

      https://x.com/WallStreetApes/status/1848079363948081273

      Reply
      1. The Rev Kev

        How can they abandon tens of thousands of people like that? News flash. Ukrainians can’t vote in next month’s election but those people sure can in this one. And their families. And their friends. And their neighbours. And people who hear about their plight. Makes you wonder though. If Musk had not taken over Twitter and the people back then were still in charge, would tweets like this be suppressed as misinformation?

        Reply
        1. NotTimothyGeithner

          Republicans want people to die in the streets. Democrats want the dead to have the decency to die where they don’t have to see them. One party is about decency!

          Reply
      2. Zagonostra

        Thanks posting for this link…it gets so little coverage with all the other events, wars, campaigns going on. What good is the Federal gov’t except for waging war if it can’t alleviate the suffering of its citizens after a natural disaster?

        Reply
  8. Revenant

    What leaked US assessment of Israeli plans to strike Iran shows BBC

    Hmm, what this article shows in its main photograph is part of a rocket casing, labelled in… Hebrew!

    The BBC have captioned this as “the wreckage of a missile in southern Israel, one of 180 that Iran launched at it on 1 October” but is it really? Is the label some sort of “Abandoned rocket – police aware!” notice? Given the extent to which the MSM deliberately or carelessly reports Israeli misinformation verbatim, this could equally be part of an Israeli anti-ballistic missile weapon.

    So, if the camera does not lie but the caption might, what faith can we place in the rest of the article and its interpretation of the leaked documents? They might just as well have been leaked by pro-Israeli sources looking to create cover for Israel backing down from striking Iran as by pro-Iranian sources looking to deter Israeli action.

    Reply
    1. Aurelien

      Well, the documents are pretty technical and I think the BBC does a fair job of summarising them. They could conceivably be fakes but I honestly doubt it. I don’t have the technical knowledge and the knowledge of region to dispute the analyst’s conclusion.

      Reply
    2. PlutoniumKun

      According to my google translate app, the label in Hebrew says ‘Happy New Year’. Rosh Hashanah (hebrew new year) is 2nd to 4th October. So someone has a sense of humour about it all.

      The external ridge along the base of that wreckage caught my attention. At first I thought that no missile would have an external structure like that, but having a look at some photos of the Ghadr missile and the Qiam-1 (Scud derived) missiles, they both seem to have some sort of fairing along the main booster.

      Reply
      1. Revenant

        Ah, those cheeky Iranians. Well, I take it back, perhaps it really is correctly captioned.

        I wasn;t suggesting the documents are not real. I was suggesting that the leak may have been deliberate either to defuse Israel or to excuse Israel.

        Reply
  9. FreeMarketApologist

    The article does itself no favors by tying proposed changes to insurance to the albatross of ACA. As pointed out, the distortions in insurance pricing encourage continued rebuilding and development of disaster prone areas. Here’s a radical thought: there would be no flood insurance available in designated high risk areas (let’s start with ‘all of Florida’). Instead, the government offers ‘relocation insurance’ – if your home is damaged beyond a certain level, you will be compensated for your loss and must *move* to a lower risk zone, say at least 500 miles away. The property you left will become federal park land, restricted from future development. This will result in mass migration away from high risk zones, spur development in other less developed, but safer, parts of the country.

    Reply
    1. Randall Flagg

      No flood insurance in the high risk areas? Pfftt. There are certain people that will be more than willing to stay in the flood prone areas and self insure. The areas just become playgrounds for the wealthy.
      Saying this as someone who works for the 1/10th of the 1%. And they have properties in Fl. On the coast. And got whacked in the last two storms.
      And I do agree with your idea of no insurance in high risk areas.

      Reply
      1. Kevin Smith

        My wife and I can afford to self-insure, so we do self-insure against quite a lot of risks, in particular where the premium is a high multiple of the projected loss [travel insurance is a good example: losses can be as low as 10-30% of the premiums collected]. We’ve saved A LOT of money over the past few decades by self-insuring against such mis-priced losses.

        Reply
    2. amfortas the hippie

      yeah.
      i dont have property insurance, either,lol.
      only liability on 3 vehicles,and me and both boys. Youngest accounts for the vast bulk of that.(my portion, and that of my 2001 truck, is next to nothing)
      and we only have that because the law requires it, but doesnt subsidise in any way that i’m aware of.
      insurance corps are free to charge what they will, with little to no interference from Texas’ insurance commissioner(sic).
      mom has homeowners on her house and environs, and has provisioned for continuing that for at least 5 years after she passes…assuming rates dont continue to rise….never had a claim, in 45+ years.(she’s somehow still a believer in the insurance industry…all theyve ever done for me is take my money, and screw me when i needed them)

      Reply
  10. The Rev Kev

    “Can the BRICS beat the G7?”

    Yeah, nah! Looking at the members of the G-7 – Canada, France, Germany, Italy, Japan, the UK and the UK – half of them have their economies wrecked because of the war in the Ukraine and the rest are treading water. The G-7 is in fact like one of those old country club that had an exclusive membership but that nobody wants to join anymore. The action is with the BRICS and is where the future is. If the G-7 dissolved itself, would anybody notice anymore?

    Reply
    1. Chris Cosmos

      I think the idea behind BRICS is not to beat anyone but to seek cooperation. That is the whole point of multi-polarity, I believe. This idea of cooperation, compassion, and love is becoming ever more foreign to the neo-fascists that run the West. It’s force and intimidation all down the line. All of us must reject this philosophy and stop supporting the institutions that push this obsession with dominance/submission at the heart of our culture at this time.

      Reply
      1. lyman alpha blob

        Thank you. I saw the headline and wondered why everything seemingly has to be framed as a competition with winners and losers.

        So tired of the rat race. If there were some big project needing millions of people that would hopefully make the world a better place, I’d sign up in a heartbeat. That only happens in the scifi books though.

        Reply
  11. Jester

    ‘He got out of Gaza, but Gaza did not get out of him’: Israeli soldiers returning from war struggle with trauma and suicide CNN.

    Maybe now USians will figure out why their veterans have been killing themselves in large numbers all this time. Nah, just kidding. They will continue thanking for war-crime service, because democracy and freedom. Shalom USA!

    Reply
    1. Craig H.

      Quiet and muted refusal: Regular fighters are no longer willing to continue fighting

      I read a couple other variations on this story yesterday. Warfare is a horror for the infantry every time. At some point the soldiers decide enough is enough.

      Reply
      1. John k

        Depends on the soldier’s options. Based on idf soldiers’ results, Hamas fighters seem to still be resisting with significant enthusiasm.

        Reply
  12. The Rev Kev

    ‘Meet the Italian ‘Fruit Detective’ Who Investigates Centuries-Old Paintings for Clues About Produce That Has Disappeared From the Kitchen Table”

    For those into it, this is a fascinating bit of detective work that turns out to have vital real-world applications in a changing climate. In the US the Red Delicious apple has been pushed to be the standard apple for generations even though there were more superior apples out there. But when you standardize fruit, vegetables and grain, it makes them extremely vulnerable to a new threat. As a historical example, the potato blight hit Ireland in the 1840s and a million people starved to death and millions more emigrated. One standardized crop to feed people and when it failed it was lights out.

    Reply
    1. Ignacio

      As an alternative, even if I find the Fruit detective amazing, I would recommend to visit public owned genetic reservoirs of fruits. I once visited one in Malaga having lots of cultivated variants of melons (Cucumis melo) and you cannot imagine the variety of fruit forms, sizes and colours (many of them inedible of course). The only one i didn’t see was Meloni though I wouldn’t disliked such an encounter with the blonde.

      Reply
      1. britzklieg

        Here the BBC’s Kelly Grovier reflects on Titian’s “Bachus and Ariadne” in a way which conjures up the idea of “fruit” from a different angle: musical fruit.

        Actually it’s not a fruit but a flower that tells the story:

        “Smack dab in the centre of his canvas, Titian has carefully, if curiously, positioned a caper flower, whose ivory petals and radiant bristle of exploding stamens are rendered with meticulous botanical detail. Follow the trajectory of the caper’s strangely overextended pistil and it catches in its stigma’s crosshairs the floating crotch of Bacchus, who, blasted from his seat, is frozen forever in mid-air, in what is surely among the most ungainly poses in all of art history.

        …it is the plant’s medicinal use, since antiquity, as a natural carminative (or remedy for excessive flatulence) that reveals the artist is truly letting rip with some mischievous fun.”

        LOL

        Reply
  13. raspberry jam

    Media Blackout on Leaked U.S. Intelligence Docs Ken Klipperstein

    I hate to sound petty because I am not trying to, nor am I asking for this to be fixed in today’s links, but the guy’s name is KlippeNstein and it’s been consistently misspelled as KlippeRstein. I think this is something that happens to him so frequently it was almost a recurring joke before his X/Twitter account was nuked from above over the JD Vance links.

    Reply
  14. Trees&Trunks

    First Germany aas humiliated by awarding Biden stuff, now Sweden. Blinken, Sanna Marin, Stoltenberg and Sullivan getting knighthoods in Sweden. Is this the grand US clown administration collecting awards from vassals for destrroying their econony and global reputation tour?

    Ten foreign citizens are awarded the Order of the North Star

    https://www-regeringen-se.translate.goog/pressmeddelanden/2024/10/tio-utlandska-medborgare-tilldelas-nordstjarneorden/?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=de&_x_tr_pto=wapp

    Reply
    1. The Rev Kev

      Don’t forget that Sweden is also the country that gives us the pretend Nobel prize for Economics which is just made up bs.

      Reply
  15. Useless Eater

    If plants are really absorbing 31%(!!!) more CO2 than previously thought, then there shouldn’t be any “excess” CO2 anywhere.

    Changing the subject, I was always taught and told that “we” have a market economy. So it is curious when I see headlines like the Financial Times asking who is going to “run the economy.” Or watch CNBC and hear them talk about free markets one minute, and then listen to them anticipate breathlessly what the Fed will or won’t do the next.

    Reply
  16. The Rev Kev

    “US authorizes CIA mercenaries to run biometric concentration camps in Gaza Strip”

    Who is going to pay for it? No, seriously. Who is going to pay for it. To do these “bubbles” will require billions of dollars to build the walls and have all these mercs. I imagine that these bubbles would be like ghettos like they use to keep Jews in during WW2. All the best land and the coastal strip would go to the settlers of course. Is the plan to have the mercs slowly starve the people and give them a choice of emigrate or starve. And if challenged on this the Israelis would claim that it had nothing to do with them and it is the mercs that have the responsibility here.

    It also says ‘forcing its residents, and no one else, to enter and exit using biometric identification under the CIA contractors’ control.’ To go where exactly? They won’t be allowed to have farms but be dependent on those mercs for food who will use collective punishment at the slightest dissent among those captives. They will never be allowed to leave those walls but will basically just rot.

    And that modern biometric program was used in Afghanistan where US troops bioscanned every Afghan in sight in every village. They still lost Afghanistan but at least that info will be useful to future Afghan genealogists. This is just a way to put those two million Palestinians in mini-prisons where they can be slowly starved out but I ask you. Israel won’t have the billions to do this so are they hoping that the US will kick in the billions of dollars to pay for these concentration camps? Will they each have their own crematorium oven to get rid of those that die?

    Reply
    1. CA

      “Who is going to pay for it?”

      The United States is paying for the Palestinian Genocide in Gaza:

      https://watson.brown.edu/costsofwar/papers/2024/USspendingIsrael

      October, 2024

      United States Spending on Israel’s Military Operations and Related U.S. Operations in the Region, October 7, 2023-September 30, 2024

      U.S. spending on Israel’s military operations and related U.S operations in the region total at least $22.76 billion and counting. This estimate is conservative; while it includes approved security assistance funding since October 7, 2023, supplemental funding for regional operations, and an estimated additional cost of operations, it does not include any other economic costs.

      https://watson.brown.edu/costsofwar/files/cow/styles/standardimage/public/imce/papers/2023/2024/Screenshot%202024-10-05%20at%203.10.17%E2%80%AFPM.png?itok=Y64eGVqe

      Reply
    2. Chris Cosmos

      Interesting that we are slowly but inexorably moving towards a prison planet–this is what the Washington Empire want writ large–it will take time but money always flows for these sorts of programs. BTW, the CIA has, as it has had almost since the beginning, its own income stream from its long-standing association with less than savory types.

      Reply
    3. noonespecial

      re Rev Kev’s “No, seriously. Who is going to pay for it.”

      i bolded the $$ question in the link posted below.

      what’s that they say about not letting a crisis go to waste? so like when’s the IPO, i want in (heavily snarced)

      Found at https://thecradle.co/articles/israel-sets-in-motion-plan-for-gaza-concentration-camps-run-by-cia-trained-mercenaries-report

      “Israeli Prime Minister Benjamin Netanyahu’s cabinet is expected to approve a plan to establish concentration camps in Gaza, operated by mercenaries from a private security firm run by former US and Israeli intelligence officials and special forces commanders, Yedioth Ahronoth reported on 22 October. The US security firm, GDC, plans to establish “humanitarian bubbles” in Gaza…GDC is headed by Israeli-US businessman Moti Kahane, who worked with Israeli intelligence during the war on Syria to supply extremist so-called rebel groups seeking to topple the government of President Bashar al-Assad…Funding to imprison Palestinian residents of Gaza in the concentration camps is expected to come from the US government and donations from abroad.”

      Reply
    4. Es s Ce Tera

      What are the odds this Moti Kahana is related to Meir Kahane? If this guy is in any way related then the CIA is backing a known terrorist group, a group previously designated as terrorist by the US.

      And what kind of message does this send, that the US is now favouring Kahanism? Kahanists everywhere are probably thrilled to bits.

      Reply
        1. Duke of Prunes

          One example: Right around the 1:00 mark of the video in yesterday’s Water Cooler in the section titled “Kamala (D): Harris tells Muslims “Don’t vote for me!” In Michigan!”

          Reply
        2. Emma

          Okay, I misremembered her charge which was limited to accusation of child murder rather than sexual violence. Still full of slurs against the Palestinian resistance and sympathy for the Zionist settlers who steal and oppress them.

          https://x.com/itranslate123/status/1712262182799286285

          I agree with Refaat, she’s a shameless hack and on a lot more than Palestine. Her body of work had always been about helping white liberals feel better about themselves than solidarity with those fighting against Western imperialism.

          Reply
          1. Emma

            Unfortunately the Way back machine is still down, so I can’t check for the pre-revised version, I recalled her referencing sexual violence in the article as well but maybe I am wrong on that.

            The people who were the staunchest defenders of Palestinian rights all immediately said that the atrocity stories didn’t make any sense (no 40 babies to behead, no names, nobody sexually assaults women in the middle of a military exercise, info sources such as Zaka known to be extremely sketchy, picture of Kurdish fighters laundered as October 7 victim), but Klein and other professional acceptable leftists went into “both sides bad” mode that provided cover for starting the genocide. Why listen to someone like that when there are plenty of people who got it right from the start?

            Reply
          2. Alice X

            Thanks, I don’t mean to retrace well worn ground on NK. The situation in Gaza has gone from gruesome to, well, I’m out of words, except:

            Palestine servanda est.

            Reply
    1. Zagonostra

      Naomi Klein of the Intercept has lost all my respect from her CV19 mandatory vax response, along with Jeremy Scahill they manage to fire off a couple of decent stories to justify their over inflated salaries.

      Reply
  17. Ignacio

    Ensuring Resilient Water Infrastructure Requires Creative Financing RAND

    They cannot help themselves. The “creative” solution is…. public-private partnerships! 100 points if you knew the answer in advance. This after the Federal government having invested… 55M dollars in water infrastructure. Naïve me who thought they were going to propose the same “creative financing” as in Ukraine or Israel: no matter how much it costs, there is the money. It is important!

    Reply
    1. CA

      “Ensuring Resilient Water Infrastructure…”

      “55M” dollars in water infrastructure… This should be $55 billion invested in water infrastructure in 2022.

      Water infrastructure investment in China was about $150 billion in 2022, and has been running well over $100 billion yearly.

      Reply
    2. Kouros

      “Building and maintaining water infrastructure, including pipelines, treatment plants, and stormwater and wastewater systems, require substantial financial outlays.”

      So does the Military for policing and strongarming the world… Oh, priorities, priorities…

      Reply
    1. ambrit

      s/ Because N is a hurtful letter that demeans and belittles the achievements of a substantial segment of the American population. R, on the other hand…. /s

      Reply
  18. Chris Cosmos

    I was impressed with the article in Makom on the psychological plight of Israeli soldiers who are at least partially human–they suffer and are traumatized by this war based on hatred. Most people don’t understand how deep and basic to the Israeli identity is the hatred of Palestinians and others. The religion of Israel is hate in an almost pure form. This hate may well lead to the destruction of Israel. The sad part for me is that I have always loved Jewish culture in its many manifestations. Israel has laid a turd in that tradition.

    Reply
    1. Zagonostra

      Good to see Chris following in his father’s large foot steps…Michael Parenti, Chomsky, and Howard Zinn formed much of my un-education after leaving college.

      Reply
  19. more news

    https://news.usni.org/2024/10/21/navy-identifies-two-crew-members-who-died-in-growler-crash
    Navy Identifies Two Aviators Who Died in Growler Crash

    She was one of the few women to fly combat missions over land, as she coordinated and participated in multiple combat strikes against the Houthis in Yemen, according to the Navy release.

    Wileman also conducted multiple strikes on the Houthis in Yemen, making her another one of the few women to fly combat missions, according to the Navy release.

    Reply
    1. juno mas

      “It was her first unit assignment following flight training, according to her Navy bio.”

      Hmmm. So the combat missions didn’t prepare them for Mt. Rainier?

      Reply
  20. Trees&Trunks

    Sweden is endowed with a national media employee fool writing stupidities as commanded by those who coordinate the Western media.

    I can’t keep this gem from you. About the BRiCS meeting in Kazan
    ” The meeting will also be proof that the West’s attempt to isolate Russia is not fully working”
    So three years later this fool comes to the conclusion that the West cannot isolate Putin ”fully”? How about the wording ”not at all isolated outside of EU”?

    https://www-aftonbladet-se.translate.goog/nyheter/kolumnister/a/yEx3Bg/brics-mote-putin-far-en-chans-att-tvarttas-bort-pariastampeln?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=de&_x_tr_pto=wapp

    Reply
  21. GW

    “Look, guys, we showed you that we’re capable of doing it,” Umerov told me. “But we need the assistance now.”

    As if the Russians will buckle under just because US/NATO chooses to scale-up the stakes in this war, something that’s long been expected (i.e., Ukraine’s long-range missiles “permission”).

    The Kremlin would have no choice but to respond in kind.

    Reply
  22. CA

    “Were warnings of Hong Kong’s demise as a financial hub exaggerated?”

    China was 29% larger in GDP than the European Union in 2023, and 27% larger than the United States. China has by far the highest portion of GDP invested domestically. So, developing and having a large investment market is important for China and will offer opportunities in country after country.

    Hong Kong, a financial hub for decades, as a result of Chinese development will thrive from here, no matter British loss of colony regrets.

    Reply
  23. Matthew G. Saroff

    Whenever you quote Matt Yglesias, you need to know two rules:

    1. Matt Yglesias is wrong.
    2. See rule number 1.

    See this quote from the article linked to about Kahn and DoJ antitrust chief Jonathan Kanter :

    In more concrete terms, they have done a lot to chill merger and acquisition activity — an accomplishment they celebrate. This has, in turn, hurt venture capitalists by denying them the easiest and most common form of “exit” from their startup investments — selling to an established big tech player.

    (emphasis mine)

    Merciful heavens! Won’t someone think of the venture capitalists!

    On a slightly less snarky note Yglesias is ideologically opposed to ideology and is wedded to mindless contrarianism and false equivalencies, and believes that any solutions must engage and enrich the PMC.

    One need only look at the effect of the Medici dynasty in Florence to see how corrosive the effects of excessive corporate power is. (In fact, NC did look at the Medici dynasty in Florence today)

    Reply
    1. CA

      Yglesias is ideologically opposed to ideology and is wedded to mindless contrarianism and false equivalencies, and believes that any solutions must engage and enrich the PMC.

      [ Perfect characterization, but I am assuming PMC = Project Management Consultant… Am I right about PMC? In any event, I got the rest when Yglesias was suggested to me and got tired quickly. ]

      Reply
    2. eg

      Yglesias is a concern troll, and this latest paean to “light touch” antitrust is typical. He’s a rank apologist for the dead hand of neoliberalism.

      Reply
  24. CA

    “Why Xi Jinping changed his mind on China’s fiscal stimulus”

    For readers who are blocked, the answer is supposed to be helping out any province that is lacking funds to pay debts. The central government has reserves of about 3.3 trillion dollars. So, use some of the reserves to help provinces and in turn provinces will devote more resources to growth.

    This makes sense to me, but for reasons that I really do not understand worries the Financial Times staff. China is having a fine year, as planned, but moderately increased spending is called for to grow up to potential.

    Reply

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