Trump Almost Has a Point About the Federal Reserve: The central bank has long abused its power in ways that benefit the financial sector at the expense of everyone else. - "If, however, the Court rules against Trump—as it is widely expected to do—congressional Democrats should not consider the matter of Fed independence resolved. Instead, a future Democratic administration and Congress should pass legislation preserving the Fed’s independent power to set monetary policy, while stripping most other authorities away from the central bank. The logic of central-bank independence simply does not apply to such matters as bank regulation and payment systems, which ought to be subject to democratic control.
...
"Trump’s attacks on America’s bedrock institutions deserve a thoughtful response, not a defensive one. Trump often identifies real problems, even if he offers terrible solutions. The Federal Reserve has abused its independence for decades, substituting its judgment for the law with no mechanisms to hold it accountable. As a spate of recent insider-trading scandals among senior Fed officials demonstrates, the institution can’t even hold its own personnel accountable."
How the Smithsonian’s National Zoo feeds its animals
Progressives, don’t force 20th-century rules on 21st-century workers: Gig work is facing death by a thousand regulatory cuts. [ed. note: Manhattan Institute hack. From comment section: "We need to classify these innocent sounding gig 'apps' as technology monopolies that control large chunks of the labor force, but refuse to follow well established employment practices under Labor Law."]
Evangelicals’ support for Israel is dropping. 1,000 pastors want to reverse that.: Alarmed by anti-Israel sentiment from conservative influencers, the religious leaders traveled en masse to Israel to counter podcasters’ messaging. - "Carlson in recent months has hosted a range of anti-Israel conspiracy theorists. Among them were: amateur historian Darryl Cooper, who implied on the show that Jews’ deaths in the Holocaust were a result of poor Nazi planning, not genocidal intent; Owens, who said Israel is a 'demonic nation' and that it had a role in the killing of Charlie Kirk; and Fuentes, who told Carlson the major roadblock to American unity is 'organized Jewry.' They all frame their comments on Israel as part of an 'America first' agenda that they say has been unfairly framed as antisemitic."
‘Blind Into Caracas.’: Less than 24 hours in, members of the Trump team are celebrating victory. None of them seem to have wondered what happens a day, a month, a decade from now. - "Special horseshit award for Marco Rubio. He claimed that the Trump team couldn’t let anyone in Congress know about the Maduro mission ahead of time, for fear of leaks. And that this caution extended even to the “Gang of Eight” in Congress. These are the select, bipartisan assemblage of leaders who are supposed to be briefed on the most sensitive security matters—and who (in contrast to the Trump team) have had over the decades zero cases of leaking sensitive information before military operations.
"Rubio knows full well that the most grievous leaks in the Trump era have come either from Trump himself or from Pete Hegseth. (Including the pathetically incompetent WhatsApp Signal group chat.) To be clear, Rubio knows that what he was saying today was false—his claim that elite Congressional intelligence committees cannot keep secrets. But he said it anyway, because it is what Trump wanted to hear. This is what we call lying in normal life." [ed. note: also a couple great comments for understanding just how difficult Venezuala's ultra-heavy crude is to process]
Trump's Critics Are Falling Into an Obvious Trap: The capture of Nicolás Maduro is a show of ambition that calls for an effective response. [ed. note: good critique, no solution offered]
Iranians Have Had Enough: The demonstrations erupting across the Islamic Republic reflect deep economic and political discontent. - "Opponents of the Islamic Republic remain hopelessly disorganized and disunited. Some protesters have chanted slogans in favor of Reza Pahlavi, Iran's exiled crown prince. But Pahlavi remains a divisive figure among anti-regime Iranians. Many reject his claim to leadership. Pahlavi's supporters and top advisers routinely criticize popular domestic dissidents including the Nobel Peace laureate Narges Mohammadi, actress Taraneh Alidoosti, and rapper Toumaj Salehi. Earlier this month, Mohammadi was physically attacked by pro-Pahlavi protesters in the northeastern city of Mashhad.
"Regardless of their politics, all opposition factions have failed to build powerful organizations or lasting networks that could direct the protests. Without such direction, the current protests are likely to lose momentum and fizzle out, just like previous rounds. Even if they were to last, it is far likelier that figures from inside the regime's ranks would take the initiative and wrest power from Khamenei, than that the protesters would succeed in bringing about a change to the regime's basic structures."
Britain Should Have Read the Tweets First The case of Alaa Abd el-Fattah is a test of Britain’s values. - "The situation is deeply embarrassing for Starmer, who welcomed Abd el-Fattah's arrival in Britain so warmly. He now claims not to have known about the "absolutely abhorrent" tweets and is promising to 'review the information failures in this case.' Apparently, despite years of campaigning for this guy, the combined might of the British civil service never thought to search his Twitter handle. If the authorities had conducted even a cursory background check, they would have found opinions such as this (now-deleted) assertion from 2012: 'I'm a racist, I don't like white people so piss off.'
...
"Starmer, a former human-rights lawyer, approaches every problem with an arid obsession with process rather than outcome-as if, when people follow every dot and comma of the rules, nothing bad can happen and no one should complain."
No comments:
Post a Comment