Monday, August 21, 2017
Daily Express, the Daily Mail's Daily Mail - solar eclipse: panic in Salem.
Uh... just in case you're worried, the last time there was a total solar eclipse was March 9, 2016. It was visible across Sumatra, Borneo and Sulawesi.
And no, the end of the world didn't happen in Sumatra, Borneo and Sulawesi.
Then there was one on March 20, 2015, visible from the Faroe Islands and just off the coast of Iceland.
Iceland, a supervolcano, did not blow up destroying the world on March 20, 2015. If it did I'm sure we would have heard about it. The Faroe Islands, meanwhile, didn't suffer a zombie attack.
Previous to that, Nov 3 2013 saw a total eclipse pass across Africa. Nothing happened, though in the Gulf of Guinea the island of Fernando Poo continued to make people giggle.
And so on, about every year or so on average, the world failed to end with a total solar eclipse.
Just not in Jesusland USA, for several decades, til now.
But "a Wyoming Woman" says it will! OMG!
K2 Radio - Wyoming woman says Yellowstone will erupt during the eclipse!!!!!! Quote:
Darrah Perez of Riverton is a believer in signs and portents, and has, she said, had a revelation. The total eclipse of the sun, which will pass over the United States on August 21st, will trigger the eruption of the Yellowstone Caldera, sometimes known as the supervolcano.
The caldera measures 35/45 miles and is full of pressurized, molten lava. The Yellowstone Supervolcano is the volcanic field which produced the latest three supereruptions from the Yellowstone hotspot; it also produced one additional smaller eruption, thereby creating West Thumb Lake 174,000 years ago. The three super eruptions occurred 2.1 million, 1.3 million, and approximately 630,000 years ago.
Experts say the ash cloud from a full-bore eruption would blanket most of the United States with devastating results.
But, scientists say the chances of this are remote for the foreseeable future.
Well... who ya gonna believe? "A Wyoming woman" who "believes in signs and portents", or scientists?
I'm amazed that this story hasn't made it to Zerohedge yet, considering they've ran a whole flood of news on a pending Yellowstone eruption recently, and this is most definitely something that they can blame on international Jewry.
PS for those of you in Ontario, an eclipse will be passing right over us in April 2024, so you'll get a chance to see something better then.
I intend to carry a "the end is nigh" sign on that day.
Friday, August 18, 2017
Maggie Haberman on Steve Bannon:
The notion some folks are telling themselves is that if Bannon is gone, this all magically changes. It does not.
Problem #1 is, who does he get replaced with?
Problem #2 is, he probably won't get executed by firing squad; he'll just go back to the internet and troll the President from outside.
But feel free to ooh wow buy the S&P up to its 3:00 PM Thursday level on the news of Bannon's purported firing.
Apparently his "Broadway production" is a self-indulgent waste of time. But at least he's being funny for a few minutes today:
Reuters - filmmaker Michael Moore says Trump "will get us all killed". Quote:
"This guy's going to get us all killed. There's nobody in charge. This man (Trump) has the nuclear codes," Moore, 63, told Reuters Television in an interview on Thursday.
"I'm hoping somebody in the Pentagon is protecting us. Like, whatever's in that nuclear briefcase it's just some girlfriend's phone number or something[...]".
QQQ is threatening to break its SMA(50). That'd be a big plummet if it came. Wonder if the American Republican investor has panicked enough?
Anyway, some reading:
NY Times - Fed officials confront new reality: low inflation and low unemployment. Quote:
Most Fed officials subscribe to a view of inflation in which prices rise more quickly as unemployment declines. The basic idea is that companies must offer higher and higher wages to keep their workers.
Now, the Fed is confronting “the coexistence of low inflation and low unemployment,” a phenomenon that inverts the “stagflation” experience of the 1970s, when both inflation and unemployment climbed.
The meeting account said most officials continued to regard low unemployment as the most important factor. They said inflation was rising slowly because of temporary factors, like a decline in cellphone service prices. And they remain inclined to raise the Fed’s benchmark rate later this year.
Blaming it on cellphones just shows how utterly ignorant they are. What'll be the next transitory effect keeping down inflation in the $18 TRILLION dollar US economy, hm? Declining pork prices? Framing lumber? An aggressive Piggly Wiggly coupon program?
There are people on the FOMC who believe in hard data and empirics. They are what the press calls "the doves", because they believe in empirical verification, and reality trumping fantasy.
Then there are people on the FOMC who still are wedded to the nonsense bullshit taught in academia based on a homogeneous consumer who can buy a continuous spectrum of consumption, and sell a continuous spectrum of labour, dependent on his utility function which he knows and which satisfies Inada conditions, trading with a homogeneous firm who uses homogeneous priceable capital and homogeneous labour to produce a homogeneous consumption good according to a declining-returns function, that is then sold in perfect competition at breakeven prices, and whatever the hell you do don't mention Sonnenschein Mantel Debreu! These people are living in a fantasy world, and anything they say about economics should be recognized as applying only to the stripped-down fantasy world of their model - not to reality.
Ritholtz - the imaginary debt crisis is here to stay. Quote:
Have a look at the chart below. The total amount of revolving credit outstanding, much of it reflecting credit-card borrowing, peaked in 2008 and then collapsed during the financial crisis. After bottoming in 2011, it slowly began to rise, and almost nine years after the peak has finally reached new highs. There also were new records for the size of the U.S. population, gross domestic product, total household income, net worth and, perhaps most important of all, disposable personal income. This is what tends to happen in an economic expansion.
Go look at the chart.
Or, just realize that the anti-debt narrative originates with 19th-century anti-Semitism, and therefore it's always ever just a right-wing canard, and nothing from the right wing has ever made sense, so you can just ignore the whining from now on.
Since Zerohedge is trying to make the Electronic Frontier Foundation sound like supporters of neo-Nazism, here's a link to the EFF's real post:
EFF - fighting neo-Nazis and the future of free expression. Wherein you learn some things that Zerohedge left out:
We at EFF defend the right of anyone to choose what speech they provide online; platforms have a First Amendment right to decide what speech does and does not appear on their platforms. That’s what laws like CDA 230 in the United States enable and protect.
So contrary to Zerohedge's assertion, the EFF do not say a private company should be forced to publish ideas that it considers odious or dangerous.
It’s notable that in GoDaddy and Google’s eagerness to swiftly distance themselves from American neo-Nazis, no process was followed; CloudFlare’s Prince also admitted that the decision was “not CloudFlare’s policy.” Policies give guidance as to what we might expect, and an opportunity to see justice is done. We should think carefully before throwing them away.
Again, the EFF just wants a transparent process for the removal of neo-Nazi websites. Like, "our company will not provide service to anyone advocating race hatred", or "our company will not provide service to anyone who cheers the murder of a nonviolent protestor, calling her a fat childless whore".
Frankly, I think they're being a bit stupid here. Daily Stormer's takedown is not an item of concern for free speech advocates anywhere.
But if there is a single reason why so many individuals and companies are acting together now to unite against neo-Nazis, it is because a future that seemed unlikely a few years ago—that white nationalists and Nazis now have significant power and influence in our society—now seems possible.
And so they recognize that an individual's moral compass should never be subsumed by airy-fairy bullshit about "freedom of speech".
I'd add that if you compel internet companies to allow neo-Nazis to use their services, you're going to drive everyone with a moral compass out of the industry.
I'm not telling you who, cos you wouldn't click through - what's changed in the past few days for Trump. And, from one of the most astute no-bullshit political analysts around, here's the money shot:
Anyone with eyes — eyes not glued to Fox News, anyway — has long realized that Trump is utterly incapable, morally and intellectually, of filling the office he holds. But in the past few days things seem to have reached a critical mass.
Journalists have stopped seizing on brief moments of not-craziness to declare Trump “presidential”; business leaders have stopped trying to curry favor by lending Trump an air of respectability; even military leaders have gone as far as they can to dissociate themselves from administration pronouncements.
Put it this way: “Not my president” used to sound like an extreme slogan. Now it has more or less become the operating principle for key parts of the U.S. system.
Even for Republicans, by the way.
I wonder if they'll even be able to dogwhistle anymore, now that the masses have seen the subtext presented explicitly by Trump?
Bloomberg - Trump abandons plan for infrastructure council.
I mean, it's hard to set up a council on infrastructure when the only people interested in associating with you don't own construction companies or engineering consultants.
Like, y'know... David Duke.
I'm only sayin'....
Thursday, August 17, 2017
Vanity Fair - Trump's implosion cannot be controlled. The CEOs figured this out already and jumped ship; are the Trump admin appointees with brain cells going to be next out the door in disgust? The entire White House is running anonymously to the press to complain about how impossible their job is.
The Economist - Donald Trump has no grasp of what it takes to be President. Well, at least you didn't endorse him in 2016 and make yourselves look even stupider than you normally look, guys.
WaPo - magazine covers after Charlottesville are jarring. Well, if you can't persuade Republicans with reasoning, you might as well try using cartoons.
Newsweek - Trump is just six Senate votes away from impeachment. Haha! Dream on! The Republican Senators who have been criticizing Trump would still never in a million years vote him out of office. And that's even after stipulating that Pence would be an ideal rubber-stamping pet puppy for Republicans.
I at least take solace in the fact that a fair number of people, both voters and beltway insiders, are finally starting to realize how stupid it is to put a clown like this in office for 4 years.
Thing about populism is, once you start down that road you quickly find yourself jumping more and more sharks:
Pitchfork - Thor Harris says he's running for Governor of Texas. Quote:
Thor Harris—frontman for Thor & Friends, and former member of Swans and Shearwater—said today that he wants to run for governor of Texas.
Wait, what? Former member of Swans? This Swans?
OK, I'm in!
Standing in front of a rainbow flag, he explained his reasoning. “Howdy, my name’s Thor Harris, and I’m running for governor of Texas, ’cause fuck this.”
I find his political viewpoint intriguing and would definitely subscribe to his newsletter.
When asked if he’s really planning to run, Harris responded to Pitchfork, “Why the fuck not?
Again, that's a far better reason to run than most.
In February, Harris was suspended from Twitter after he posted a joking tutorial about how to punch Nazis. His how-to followed the viral video of alt-right activist Richard Spencer getting punched in the head on Inauguration Day.
OK, so he's definitely not a Republican. If he was a Republican, he'd have posted a video about how he loves sucking Nazi cock, instead of a video about punching them FFS I mean that'd mean punching Strom Thurmond or something.
So, I hereby support Thor's run for governorship of Texas. #1, I'd like to see how deep the populist rabbithole can go, and #2, apparently the Democrats are such fucking sissies that they're not even going to contest the governorship, because that would mean talking to American citizens, and they gave that up decades ago. So we may as well have someone contesting the governorship.
Wednesday, August 16, 2017
NBC - literally every CEO quits Trumps council. No, not just that one, but the other one also:
"As our members have expressed individually over the past several days, intolerance, racism and violence have absolutely no place in this country and are an affront to core American values...We believe the debate over Forum participation has become a distraction from our well-intentioned and sincere desire to aid vital policy discussions on how to improve the lives of everyday Americans," a statement from members of the Strategic and Policy Forum council read.
"As such, the President and we are disbanding the Forum," it added.
They understand Trump will be a lot more mellow about it if they share credit with him.
The Campbells CEO stated it in the most simple way possible, just so all the Nazis in the south fucking well get it:
Within minutes, Campbell Soup Co. president and chief executive Denise Morrison issued her own statement, in which she said, "Racism and murder are unequivocally reprehensible and are not morally equivalent to anything else that happened in Charlottesville."
Wah, say the butthurt Trumptards! Racism and murder are not unequivocally reprehensible! They're exactly as bad as taking down a statue or saying that black lives matter!
Think the Republican clowns are actually going to get their corporate tax breaks now?