[ad_1]
By Lambert Strether of Corrente
Hen Tune of the Day
Russet Nightingale-Thrush, Bosque de Santa Ana Tlacotenco, Milpa Alta, Ciudad de México, Mexico.
Politics
“However what’s authorities itself, however the biggest of all reflections on human nature?” –James Madison, Federalist 51
“Right here’s meals for thought, had Ahab time to assume; however Ahab by no means thinks; he solely feels, feels, feels” –Herman Melville, Moby Dick
“So most of the social reactions that strike us as psychological are the truth is a rational administration of symbolic capital.” –Pierre Bourdieu, Classification Struggles
Biden Administration
“Biden would veto proposed U.S. Senate decision to finish COVID nationwide emergency -White Home” [Reuters]. • Good.
Good one, Ron:
Over my years in the private and non-private sectors, I’ve had individuals inform me: If solely the federal government might work like enterprise.
Nicely, the staff at @USEdgov and @USDS constructed a Pupil Mortgage Forgiveness portal that processed 8 MILLION purposes within the first 30 hours and not using a crash. https://t.co/VaaoTMVycg
— Ronald Klain (@WHCOS) November 15, 2022
Now possibly rip out no matter CDC is doing with its information and provides it to USDS, too?
2022
The Home:
Nonetheless ready….
* * * “An surprising winner within the midterms: public well being” [Michelle A. Williams, The Hill]. Williams is dean of the college of the Harvard T.H. Chan Faculty of Public Well being. “Public well being was on the poll final week — and it gained. I’m not speaking about particular candidates, as essential as these races are. I’m speaking concerning the ethos of public well being — the precept that well being is a basic human proper and the understanding that we should look out for each other, to assume not nearly our personal well-being, however concerning the public good…. Probably the most high-profile examples of public well being wins are the abortion referendums…. In one other main victory for public well being, South Dakota voters decisively selected to increase eligibility for Medicaid, utilizing a poll measure to increase entry to well being care to the working poor when their legislators refused to take action…. In Oregon, in the meantime, voters accepted a poll measure that makes the state the primary within the U.S. to ensure residents entry to “cost-effective, clinically acceptable and inexpensive” well being care. This measure successfully establishes well being care as a human proper…. Arizona voters overwhelmingly supported a poll measure to restructure assortment and restrict rates of interest on medical debt, which has change into an unlimited burden for a lot too many households. Alabama, Oregon, Tennessee and Vermont outlawed pressured labor for jail inmates, restoring some measure of their dignity and autonomy. And in California, voters overwhelmingly endorsed a ban on all flavored tobacco merchandise within the state — a transfer designed to guard younger individuals, who gravitate towards flavored vape merchandise…. The outcomes of those poll measures recommend {that a} majority of voters, in each crimson states and blue, imagine the federal government has an obligation to guard the well being and well-being of probably the most weak amongst us. That’s the essence of public well being. It additionally occurs to be the one solution to construct a resilient economic system and a profitable civil society.” • Oddly, Williams doesn’t point out that the Oregon poll measure is a part of a years-long push for single payer well being care. I dunno. I don’t want to appear churlish, however a seize bag of social justice measures doth not a public well being motion make. That is, mainly, small ball.
* * * Los Angeles, CA: “Los Angeles Mayor Election Outcomes 2022” [NBC].
71% appears sluggish. VSAP lower than scratch?
GA: “Walker’s marketing campaign tells Republicans to cease ‘misleading fundraising’ in Georgia runoff” [NBC]. “Republican politicians and related committees are sending out determined fundraising emails begging the GOP devoted to assist save America by getting behind Herschel Walker in his Dec. 6 runoff towards Democratic Sen. Raphael Warnock in Georgia. However what’s not instantly clear to recipients is how little of that cash goes to Walker’s marketing campaign: only a dime for each greenback given by small donors. Walker’s marketing campaign, which has trailed Warnock’s in fundraising all through the election, is asking fellow Republicans to cease their fundraising practices — or a minimum of to begin sharing extra with the candidate. ‘We want everybody targeted on successful the Georgia Senate race, and misleading fundraising techniques by groups that simply gained their races are siphoning cash away from Georgia,’ Walker marketing campaign supervisor Scott Paradise mentioned Monday.” • Goodness. That’s the kind of factor a Democrat would do!
NY: “The Inside Story of Sean Patrick Maloney’s Face Plant in New York” [Slate]. “Maloney can also be the primary DCCC chair to lose reelection in 40 years. ” Juicy particulars: “Within the weeks earlier than Election Day, Maloney set off on a Europe journey, the place he frolicked on a balcony overlooking the Seine, and turned up in London, Paris, and Geneva, usually alongside congressman Adam Schiff, for gatherings billed as DCCC fundraising occasions. (The DCCC mentioned in an announcement that its whole efforts in Europe, of which Maloney’s journey was half, raised $1 million.)…. Throughout the main Democratic exterior spending committees, Maloney sopped up greater than $4 million in help, all of it coming at a time when the DCCC he chairs—in addition to Pelosi’s Home Majority PAC—was crying poor and reducing funding in extraordinarily winnable races. He had pledged in August to not spend social gathering sources on his personal race. Only a few months later, he was siphoning essential {dollars} that might have gone to different contests, together with Oregon’s fifth, the place the DCCC and Home Majority PAC each lower bait on Jamie McLeod-Skinner, a Democrat who, on Sunday, narrowly misplaced to her Republican opponent.” And: “In a cellphone name, Invoice O’Reilly, the communication director of New York seventeenth’s incoming Republican Home member, Lawler, mirrored on the win. ‘I really feel unhealthy saying it as a result of he’s been so gracious,’ he mentioned, of Maloney. ‘However it actually was simply an ‘outworked’ state of affairs. He wasn’t round, and we simply outworked him.’”
* * * On Pelosi (from 2007):
The instance that all the time involves thoughts to me is one which Tom Perriello, a Democrat who served one time period within the Home from a really crimson district in Virginia from 2009 to 2011 (and is now operating for governor) instructed Ezra Klein again in December 2010. Perriello was weighing whether or not to vote for the DREAM Act, which might legalize the standing of undocumented immigrants who arrived as youngsters. “There was the entire query of whether or not the Senate would help it,” he instructed Klein. “And I didn’t need to do that if it was simply going to die within the Senate.”
Then the lobbying began. “I acquired a name from [Education Secretary] Arne Duncan, and he started telling me concerning the particular person anecdotes of men that he labored with in Chicago who wanted this laws,” Perriello recalled. “There have been robust Latino organizing networks that started shifting, and somebody I went to second grade with known as and was like, ‘Tom, you may not vote for the DREAM Act? I do know we haven’t talked in 32 years, however…’ A number of of my pals from faculty began to name. A number of individuals contacted colleagues I’d had in previous jobs, so now they’re writing me. ‘Dude, I haven’t been following this, however I’ve heard from six individuals at this time that I’ve to name you concerning the DREAM Act. …’”
That is how Pelosi whipped votes. She acquired the administration concerned, she acquired exterior teams concerned, she acquired random figures from Congress members’ pasts concerned. She was actually, actually good at it. And all of it occurred quietly, with out anybody watching or applauding.
If solely she had used her superpowers for good!
As fairly as… properly, AOC:
Nancy Pelosi with JFK. pic.twitter.com/OnV8CvZTet
— Dana 🌊 (@DanaSan68018976) November 14, 2022
I embody this tweet as a result of though Every day Progress is actual, the tweet shouldn’t be natural:
In 2006, Democrats embraced Nancy Pelosi as the primary feminine Home speaker in historical past, and extra occasions that occurred on today in historical past. https://t.co/IIPjgRgPEV
— The Every day Progress (@DailyProgress) November 16, 2022
I searched the Twitter on “Pelosi speaker” and acquired a ton of tweets an identical to this one, all from completely different accounts. Seems to be like any individual made a purchase, however why?
One different to Pelosi:
We reside a political dystopia the place the man who brags about main the marketing campaign to put in Sam Alito on the Supreme Courtroom is taken into account a reputable political voice telling Democrats to make a Cheney speaker of the Home 👇 https://t.co/B7nE6W2Wz0
— David Sirota (@davidsirota) November 15, 2022
2024
“Trump proclaims 2024 run for president” [The Hill]. “Even in saying his newest marketing campaign on Tuesday, Trump urged that China could have performed “a really energetic position within the 2020 election.” He additionally insisted that solely paper ballots must be utilized in elections.” • Nicely, he’s proper (and a bitter irony that Trump’s endorsement will poison paper ballots within the minds of liberal Democrats for many years. Not that they really ever needed them; paper ballots are too easy, too rugged, don’t require homework, and make it arduous to steal elections (as in Iowa 2020)). Ah properly. Commentary:
NY Submit: Florida Man Makes Announcement —> story deep inside on web page 26. pic.twitter.com/rccr3OcD1P
— Christine Romans (@ChristineRomans) November 16, 2022
“With midterm losses, Trump’s climb to the nomination may very well be steeper than he’d like” [NPR]. “Donald Trump, who tried to overthrow the outcomes of the 2020 presidential election and impressed a lethal riot on the Capitol in a determined try to hold himself in energy, introduced he’s operating once more for president in 2024.” • While you use the phrase “determined” within the lead, you’re not doing reporting. Or journalism, for that matter. Commentary:
4 Trump supporters pack the road exterior of Mar-a-Lago for Trump’s massive announcement. That is the riff-raff. Trump hates these individuals. They’d by no means truly be allowed in Mar-a-Lago. pic.twitter.com/abwtYkP1Qq
— Mike Sington (@MikeSington) November 16, 2022
Unmentioned by “Hollywood’s Final Insider’ is that he hates the riff-raff.
“Trump, who as president fomented an revolt, says he’s operating once more” [WaPo]. “A defeated former president operating for election once more whereas going through potential felony indictment is unprecedented in U.S. historical past.” • The partitions are closing in!
“Don’t Blame Trump” [J.D. Vance, The American Conservative]. “One thing odd occurred on Election Day. Within the morning, we had been assured of my victory in Ohio and cautiously optimistic about the remainder of the nation. By the point the polls closed, that optimism had turned to jubilance—and lobbying. Each advisor and character I encountered throughout my marketing campaign claimed credit score for their very own faction. The victory was a testomony to Mitch McConnell’s Senate Management Fund (SLF), one particular person instructed me. One other argued as a substitute that SLF had truly bungled the race, and the Nationwide Republican Senatorial Committee (NRSC)—chaired by Rick Scott—deserved the credit score. (Full disclosure: each the NRSC and SLF helped my race in Ohio, for which I’m grateful.) However then the outcomes rolled in, and it was clear the result was way more disappointing than hoped. And each particular person claiming victory on Tuesday morning knew precisely who responsible on Tuesday evening: Donald J. Trump.” • Deploy the Blame Cannons!
Democrats en Déshabillé
Affected person readers, it appears that evidently individuals are truly studying the back-dated put up! However I’ve not up to date it, and there are a lot of updates. So I must do this. –lambert
I’ve moved my standing remarks on the Democrat Occasion (“the Democrat Occasion is a rotting corpse that may’t bury itself”) to a separate, back-dated put up, to which I’ll periodically add materials, summarizing the addition right here in a “reside” Water Cooler. (Hopefully, some Bourdieu.) It seems that defining the Democrat Occasion is, the truth is, a tough downside. I do assume the paragraph that follows is on level all the way in which again to 2016, if not earlier than:
The Democrat Occasion is the political expression of the category energy of PMC, their base (lucidly defined by Thomas Frank in Pay attention, Liberal!). ; if the Democrat Occasion didn’t exist, the PMC must invent it. . (“PMC” modulo “class expatriates,” in fact.) Second, all of the working components of the Occasion reinforce one another. Go away apart characterizing the relationships between parts of the Occasion (ka-ching, however not totally) these parts comprise a community — a Flex Web? An iron octagon? — of funders, distributors, apparatchiks, electeds, NGOs, and miscellaneous mercenaries, with property within the press and the intelligence neighborhood.
Word, in fact, that the category energy of the PMC each expresses and is restricted by different courses; oligarchs and American gentry (see ‘industrial mannequin’ of Ferguson, Jorgensen, and Jie) and the working class spring to thoughts. Suck up, kick down.
* * * “Column: And also you thought the film ‘L.A. Confidential’ was fiction” [Los Angeles Times]. “How is it doable, in twenty first century Los Angeles, {that a} high-ranking police officer swore allegiance to a significant Hollywood determine accused of sexual assault, then vowed to make use of his regulation enforcement place to maintain the alleged sufferer quiet? What is that this, 1950? And but that’s precisely what the New York lawyer basic says a now-retired LAPD commander did after Phyllis Golden-Gottlieb, a retired TV present improvement govt impressed by the burgeoning #MeToo motion, walked into the Hollywood police station in 2017 and filed a confidential grievance that Moonves had sexually assaulted her in 1986 when he was an govt at Lorimar Productions. The LAPD recognized the commander as Cory Palka, a now-retired former captain of the Hollywood station, after the report was launched…. ‘Les -I’m deeply sorry that this has occurred,’ Palka wrote to Moonves. “I’ll all the time stand with, by and pledge my allegiance to you. You’ve embodied management, class and the best of character by means of all of this. With upmost [sic] respect …’” • However… However… Los Angeles is a Democratic city. Sure, and anyone who’s shocked by the feudal degree of fealty expressed in Palka’s “pledge my allegiance to you” hasn’t been following Democrat social gathering politics carefully.
Realignment and Legitimacy
“Seven politicians are returning FTX’s tainted cash — others are holding quiet” [Popular Information]. “Bankman-Fried spent about $41 million within the 2022 midterm elections, largely benefiting Democrats. Bankman-Fried donated to 47 particular person Democratic candidates, 8 Republican candidates, 16 Democratic PACs, 4 Republican PACs, and a couple of non-partisan PACs. Bankman-Fried additionally spent hundreds of thousands on unbiased expenditures by means of his Tremendous PAC, Defend Our Future. Bankman-Fried donations seem to have given him an uncommon quantity of sway with Democratic social gathering leaders. In April, Bankman-Fried donated $6 million to the Home Majority PAC, the Tremendous PAC affiliated with Speaker Nancy Pelosi (D-CA). Shortly thereafter, the Home Majority PAC took the bizarre step of supporting political newcomer Carrick Flynn, who was competing in a Democratic Congressional major in Oregon. Bankman-Fried spent greater than $11 million on Flynn’s unsuccessful marketing campaign, citing Flynn’s dedication to ‘pandemic preparedness.’…. Well-liked Data contacted 98 particular person campaigns and 24 PACs that obtained cash from Bankman-Fried or Salame. Seven members of Congress — 4 Democrats and three Republicans — indicated that they’re donating the money from FTX to charity or again to FTX’s clients.” John Hoeven (R-ND), Kevin Hern (R-OK), Chuy Garcia (D-IL), Salud Carbajal (D-CA), Kirsten Gillibrand (D-NY), Senator Dick Durbin (D-IL), and David Schweikert (R-AZ). Extra: “Most candidates and PACs that obtained funds from Bankman-Fried and Salame didn’t return requests for remark. This consists of the highest Republican recipients of funds, the Senate Management Fund (Mitch McConnell’s Tremendous PAC), which obtained $2.5 million from Salame, and the highest Democratic recipient of funds, the Democratic Nationwide Committee, which obtained $865,000 from Bankman-Fried. Different main recipients of funds from FTX executives that didn’t reply to requests for remark embody the NRCC ($184,800), the DCCC ($156,400), the DSCC ($66,500), Senator Maggie Hassan (D-NH) ($20,600), Senator Debbie Stabenow (D-MI) ($20,600), Congressman Alex Mooney (R-WV) ($11,600), and Congressman Ronny Jackson (R-TX) ($10,000).” • It’s gone the place the woodbine twineth.
“Elizabeth Warren needs to cross a significant crypto invoice. Sherrod Brown says not so quick.” [Politico]. “Two key questions lawmakers have but to kind out are the extent to which companies have ample present authorities to police the market and, if not, which company must be empowered to supervise it. Leaders of the SEC and CFTC are vying for items of the crypto market, and the cut up is mirrored in laws that’s began to emerge from Capitol Hill. Sen. Elizabeth Warren (D-Mass.) mentioned Tuesday {that a} digital forex invoice have to be ‘complete,’ masking client protections, anti-money laundering guidelines and local weather safeguards for crypto mining. When requested if the SEC had ample powers in the mean time, she mentioned the company ‘might do extra with the present authorities however with a purpose to regulate this complete area we want further laws from Congress.’ Warren mentioned it was an ‘open query’ whether or not the SEC must be the first regulator. ‘The SEC has definitely proven previously that it has a powerful bent towards client safety nevertheless it additionally wants extra sources with a purpose to perform its present jobs,’ Warren instructed reporters. The leaders of the Senate Agriculture Committee are backing a invoice that may give the CFTC an even bigger position in overseeing crypto buying and selling. The CFTC at this time primarily focuses on monetary derivatives resembling futures contracts.”
#COVID19
Lambert right here: I can’t name a winter surge, although we’ll actually have to attend for Thanksgiving journey. Nevertheless, excessive transmission (CDC), the elevation and continued improve in positivity (Walgreens), and the regular takeover of BQ.1* (CDC; Walgreens) are all a bit unsettling (as is the obvious proliferation of variants). Keep protected on the market! (So far as Thanksgiving journey goes, missing CDC’s “Fast Riser” counties function, the very best we will do, I believe, is comply with the information and take a look at wastewater. I’d order danger from highest to lowest at JFK/LGA (New York), LAX (Los Angeles), ATL, Atlanta, and ORD (Chicago). Since New York — as of this writing, and naturally all the info is delayed, making private danger evaluation an effort in delusion, however I digress — is a BQ.1* hotbed, I’d attempt to use EWR (Newark) not JFK/LGA. My $0.02!
“The scientist behind Pfizer’s Covid vaccine says a flu pandemic is simply a matter of time” [STAT]. Final sentence: “As this pandemic turns into extra manageable, nonetheless, the flu, in flip, could change into extra like Covid.” • Glad thought!
• Another for the Walensky file on the Hague:
Pal’s dad wants emergency root canal tmrw.
Endodontist refusing to put on N95, stating, “We comply with @CDCgov @CDCDirector steerage & they don’t require it.”
Pal: However you gained’t put on one in mild of the truth that my dad is excessive danger?
Endo: No. @CDCgov doesn’t make us. 🖕🏼
— Dana Parish (@danaparish) November 16, 2022
• Jack’s new rule on parody accounts already bringing outcomes:
COVID IS AIRBORNE! You inhale the virus by means of your nostril and mouth. It’s NOT a chilly, the pandemic is NOT over. The BEST solution to defend your self is a (Ok)N95 masks, plus filtration and air flow. Clear the air you breathe! Get vaccinated as your physique’s final line of protection.
— CDC Director PARODY (@WalenskyPARODY) November 16, 2022
• Yet one more for the Walensky file. From 2020:
Spot on! Combating COVID19 requires a complete multi-pronged method: masks, exams, therapies, vaccine. These holding out for the vaccine alone are going to be sorely dissatisfied; time to beef up the scale we’ve readily available already! @CarlosdelRio7 @gregggonsalves https://t.co/YT5gAKiYwF
— Rochelle Walensky, MD, MPH (@RWalensky) August 18, 2020
“Diagnostic accuracy of SARS-CoV-2 fast antigen self-tests in asymptomatic people within the Omicron interval: cross sectional research” [Clinical Microbiology and Infection]. n = 3,600. ” Individuals had been sampled for RT-PCR (reference check) and obtained one self-test (both Acon Flowflex (Flowflex), MP Biomedicals (MPBio), or Siemens-Healthineers Clinitest (Clinitest)) to carry out unsupervised at house. Diagnostic accuracies of every self-test had been calculated…. The sensitivities of three generally used SARS-CoV-2 Ag-RDTs when used as self-tests in asymptomatic people within the Omicron interval had been very low. Ag-RDT self-testing in asymptomatic people could solely detect the minority of infections at that time limit. Repeated self-testing in case of a adverse self-test is advocated to enhance the diagnostic yield, and people must be suggested to re-test when signs develop.” • Hmm.
• Stoicism?
8/ Hold masking, hold ignoring the siren track of ‘returning to normality’, for, as , what that phrase actually means is, ‘get sick and make others sick to enter a simulacrum of the previous’.
— Conor Browne (@brownecfm) November 10, 2022
Transmission
Right here is CDC’s interactive map by county set to neighborhood transmission. (That is the map CDC wants only hospitals to look at, not you.)
Positivity
From the Walgreen’s check positivity tracker, revealed November 14:
-0.7%. Down.
Wastewater
Wastewater information (CDC), November 12:
Lambert right here: An infinite variety of counties have gone darkish (gray dot, no information) in West Virginia, Ohio, Indiana, Missouri, Colorado, and Oregon. I don’t know whether or not that’s as a result of they’ve dropped out of this system. or CDC butchered the info, or CDC’s contractor, Biobot, had issues. (Biobot’s information web page consists of the next disclaimers: “Not all areas could have submitted latest samples,” and “Biobot’s scheduled variant information replace is delayed.” Perhaps so.) I poked round to see if there was a reporter someplace who had CDC as their beat. Apparently not.
November 12:
We discovered elevated ranges (orange dot) in JFK/LGA’s county, Queens. We checked out ORD’s county, Cook dinner (certainly one of two counties, truly), which was not elevated (blue dot). On November 12, CDC’s map mentioned LAX’s county was not elevated (blue dot) however we will see a slight rise in its chart.
Heck, right here’s ATL (Cobb):
Variants
Lambert right here: It’s past irritating how sluggish the variant information is. Does no one within the public well being institution get a promotion for monitoring variants? Are there no grants? Is there a single lab that does this work, and all people will get the outcomes from them? [grinds teeth, bangs head on desk]. UPDATE Sure. See NC right here on Pango. Each Friday, a stately, tutorial tempo totally incompatible with defending your self towards a variant exhibiting doubling conduct.
NOT UPDATED Variant information, nationwide (Walgreens), October 25:
Lambert right here: BQ.1* shifting alongside fairly briskly.
NOT UPDATED Variant information, nationwide (CDC), October 22 (Nowcast off):
BQ.1* shifting alongside fairly briskly. New York/New Jersey (Area 2) numbers are greater:
As a test, since New York is a BQ.1* hotbed, New York hospitalization, up to date November 15:
Lambert right here: An nearly imperceptible improve. Let’s wait and see.
Deaths
Dying fee (Our World in Information):
Complete: 1,100,631 – 1,100,296 = 335 (335 * 365 = 122,275, which is at this time’s YouGenicist™ quantity for “dwelling with” Covid (fairly a bit greater than the minimizers would love, although they’ll discuss themselves into something. If the YouGenicist™ metric retains chugging alongside like this, I could must resolve that is what the powers-that-be think about “mission completed” for this explicit tranche of dying and illness).
It’s good that for deaths I’ve a easy, each day chart that simply retains chugging alongside, in contrast to every part else CDC and the White Home are screwing up or letting go darkish, good job.
Stats Watch
Industrial Manufacturing: “United States Industrial Manufacturing” [Trading Economics]. “Industrial manufacturing within the US decreased by 0.1% mother in October of 2022, after a 0.1% improve in September and lacking market expectations of a 0.2% acquire as greater rates of interest and costs weighed on demand. Manufacturing output went up 0.1%, beneath expectations for a 0.2% improve largely supported by sturdy items (0.5%).”
Manufacturing Manufacturing: “United States Manufacturing Manufacturing” [Trading Economics]. “Manufacturing manufacturing in the US edged up 0.1% from a month earlier in October of 2022, after a 0.2% improve in September and beneath market expectations of a 0.2% acquire. Manufacturing output went up 0.1%, beneath expectations for a 0.2% improve largely supported by sturdy items (0.5%). Inside durables, will increase of a minimum of 1.5% had been recorded by electrical gear, home equipment, and parts; aerospace and miscellaneous transportation gear; and motor autos and components.”
Capability: “United States Capability Utilization” [Trading Economics]. “Capability Utilization in the US decreased to 79.9 p.c in October from 80.1 p.c in September of 2022. It’s the lowest studying since June and beneath forecasts of 80.4 p.c. Capability utilization for manufacturing was unchanged at 79.5 p.c. The working fee for mining fell 0.5 proportion level to 88.4 p.c, whereas the working fee for utilities declined 1.2 proportion factors to 72.1 p.c.”
Retail: “U.S. Retail Gross sales” [Trading Economics]. “Retail gross sales within the US surged 1.3% month-over-month in October of 2022, the strongest improve in eight months, after a flat studying in September and beating market forecasts of a 1% acquire. Gross sales at motorcar sellers had been up 1.3% as provide chain constraints have been easing whereas rising gasoline prices pushed gross sales at gasoline stations 4.1% greater. Excluding gasoline and autos, retail gross sales had been up 0.9%.”
Retail: “United States Retail Inventories Ex Autos” [Trading Economics]. “Retail commerce inventories in the US, excluding cars and components, fell by 0.1 p.c from the earlier month in September of 2022, matching the advance estimate and following an upwardly revised 0.7 p.c rise within the earlier month. It was the primary lower in retail inventories excluding cars and components since June of 2020.”
The Bezzle: “Huge Majority of Individuals Who Spend money on Bitcoin Inevitably Lose Cash, Examine Exhibits” [Gizmodo]. “Round three quarters of newfound bitcoin traders have misplaced cash when placing their funds into the nice crypto sport, in response to new analysis from one of many world’s main central financial institution establishments. A working paper from the Financial institution of Worldwide Settlements launched Monday appeared on the crypto world from 2015 to 2022 and located proof to state what we had been all already considering, that most individuals, from 73 to 81% of recent crypto traders, inevitably misplaced cash on their preliminary funding. Most individuals who had been shopping for into crypto got here from Turkey, Singapore, the UK, and the U.S. throughout that point.” • From what I recall of crypto tradition — we ran a protracted and brutal YouTube on this which now I can’t discover — the essential thought was that everybody could be a winner. Ah properly, however.
The Bezzle: “Frustrations Develop Over Firm’s Response to Respiratory Machine Remembers” [New York Times]. “By 2015, Philips Respironics knew its respiration units had an issue: Foam contained in the CPAP machines, which assist individuals with sleep apnea breathe at evening, was breaking off into black flecks and blowing into the mouths and noses of customers. The corporate did nothing on the time. Years glided by as complaints mounted, and the corporate made cursory efforts to look at the issue, in response to an investigation performed later by the Meals and Drug Administration. However it was not till April of final yr, the corporate has claimed, that it realized the flaking foam contained doubtlessly cancer-causing particles, setting off the most important and most disruptive medical machine recall in additional than a decade…. The U.S. Justice Division is now negotiating the phrases of a consent decree with Philips, underscoring the deep concern about what the corporate knew — or ought to have identified — earlier than hundreds of thousands of individuals obtained units that many imagine brought about devastating sicknesses. .” • Wowsers, that’s some decree.
Tech: “Silicon Valley’s All Twttr” [On my Om]. From 2006: “Twttr has married Brief Code Messaging, SMS with a solution to create social teams. By sending a textual content message to a brief code (for TWTTR) you possibly can ship your location info, your temper info or no matter and share it with people who find themselves in your social-mob! Better part – no set up obligatory!… Glass, says that it began off as a dialog between him and Jack Dorsey, “in a automobile parked on Valencia and 14 in san francisco” after an evening of Vodka ingesting!”
Mr. Market: Biden’s chip announcement allows a pure experiment on the environment friendly markets speculation:
It does appear very very similar to details about the chips escalation took 3-4 weeks to get impounded into asset costs (if the method is full). Why the lag?
— Coverage Tensor (@policytensor) November 16, 2022
And:
However to not first order, leaving loads of room for knowledgeable merchants to earn money on the expense of the much less knowledgeable. Extra apparently, markets are extra environment friendly and reply instantly to sure varieties of stories however not others.
— Coverage Tensor (@policytensor) November 16, 2022
Readers, any of you play the ponies? What do you assume?
Right now’s Concern & Greed Index: 66 Greed (earlier shut: 67 Greed) [CNN]. One week in the past: 52 (Impartial). (0 is Excessive Concern; 100 is Excessive Greed). Final up to date Nov 15 at 1:02 PM EST. Falling again to mere greed….
The 420
“Medical marijuana now partially authorized in Kentucky” [The Hill]. Kentucky Gov. Andy Beshear (D) signed an govt order on Tuesday permitting some state residents to own and use medical marijuana. Within the govt order, Beshear mentioned Kentuckians with qualifying sicknesses resembling most cancers, a number of sclerosis, Crohn’s illness and post-traumatic stress dysfunction might use medical hashish bought from different states so long as they supply written proof from a Kentucky doctor diagnosing them with the sickness. ‘Permitting Kentuckians identified with sure medical circumstances and receiving palliative care to buy, possess and/or use medical hashish would enhance the standard of their lives,’ Beshear mentioned within the order. Per the order, Kentucky residents can’t buy greater than eight ounces at a time. Kentuckians additionally should hold proof of buy that shows the date and retailer after shopping for medical marijuana exterior of the state. ‘It could assist scale back abuse of different extra harmful and addictive medicines, resembling opiates.’ Kentucky is among the dozen states that has but to legalize medical or leisure marijuana. As of February 2020, medical marijuana is authorized in Washington D.C., Puerto Rico and 37 states, together with most of these sharing a border with Kentucky.”
E-book Nook
“A bluffer’s information to Proust 100 years after his dying” [ENCA]. “His neurologist father urged his sickly son to get out within the contemporary air and play sport, noting that bronchial asthma was not contagious. However Proust’s mom was liable to mollycoddling, and from 1906 he adopted her counsel, staying cloistered inside like a hermit, with a gentle provide of caffeine and aspirin. His respiratory issues would lastly get the higher of him. He died after pneumonia that changed into bronchitis after which an abscess on the lungs.”
The Gallery
I by no means had the advantage of artwork historical past programs, so that is attention-grabbing to me, particularly on the variations between the Northern Renaissance (Germany, the Netherlands, Flanders) and the Southern (Italy):
This will look like an peculiar portrait, however look nearer.
That gray mark on the backside is definitely a cranium when considered from the fitting angle.
It is The Ambassadors, painted by Hans Holbein the Youthful almost 500 years in the past, and certainly one of artwork’s biggest mysteries… pic.twitter.com/i5vIihyXRR
— The Cultural Tutor (@culturaltutor) November 15, 2022
I nonetheless don’t assume the cranium is defined, although. For instance, why that angle?
Our Famously Free Press
Useful chart:
UK State Information is the world’s greatest on-line web site and there are grown individuals, throughout the globe, who assume it supplies public service information. One other massive downside for humanity to handle.https://t.co/lqjmIeezay pic.twitter.com/YzUYg0cevE
— Mark Curtis (@markcurtis30) November 16, 2022
The account is kind of proper on the Beeb. It’s an attention-grabbing listing; I used to be shocked by scrappy Yahoo. And the New York Instances has finished very properly for itself within the midterms, hasn’t it? Totabags galore.
Class Warfare
“New Measure of Local weather’s Toll: Disasters Are Now Widespread Throughout U.S.” [New York Times]. • Now we have the instruments! Begin along with your private danger evaluation. Oddly, a New York paper makes no point out of the extremely profitable Occupy Sandy.
Extra aghastitude about The Twitter:
I adopted the brand new Twitter proprietor & CEO at this time, as I did @jack @ev @dickc & @paraga.@Twitter urged follows, exhibiting a “set of accounts that work properly with @ElonMusk.”
Algorithmic recommendations could be insightful about ideological alignment then public statements. pic.twitter.com/g4P2eXTQmd
— Alex Howard | @digiphile@mastodon.social (@digiphile) November 16, 2022
What the Musk dogpilers within the PMC can’t appear to get their heads round is the concept Musk may not be the one billionaire with unhealthy politics. No, no, it’s all about Musk [loud snicker]. It’s the identical with Twitter programmers who acquired the axe. Musk dogpilers actually take their troubles to coronary heart in a completely non-performance trend [weeping sounds]. However bosses lay off staff on a regular basis. The place’s the pearl-clutching then?
Information of the Wired
The Turbo Encabulator 2.0 with quantic IoT:
Contact info for vegetation: Readers, be at liberty to contact me at lambert [UNDERSCORE] strether [DOT] corrente [AT] yahoo [DOT] com, to (a) learn the way to ship me a test if you’re allergic to PayPal and (b) to learn the way to ship me pictures of vegetation. Greens are wonderful! Fungi and coral are deemed to be honorary vegetation! In order for you your deal with to seem as a credit score, please place it at first of your mail in parentheses: (thus). In any other case, I’ll anonymize through the use of your initials. See the earlier Water Cooler (with plant) right here. From CM:
CM writes: “Taken in Gray Nation, Ontario. Thanks on your work” [lambert blushes modestly]. A beautiful pond in autumn. (See NC on ponds right here.)
Readers: Water Cooler is a standalone entity not coated by the annual NC fundraiser. So for those who see a hyperlink you particularly like, or an merchandise you wouldn’t see wherever else, please don’t hesitate to precise your appreciation in tangible type. Keep in mind, a tip jar is for tipping! Common optimistic suggestions each makes me really feel good and lets me know I’m heading in the right direction with protection. Once I get no donations for 5 or ten days I get nervous. Extra tangibly, a relentless trickle of donations helps me with bills, and I think about that trickle when setting fundraising objectives:
Right here is the display screen that can seem, which I’ve helpfully annotated:
If you happen to hate PayPal, you possibly can electronic mail me at lambert [UNDERSCORE] strether [DOT] corrente [AT] yahoo [DOT] com, and I gives you instructions on easy methods to ship a test. Thanks!
[ad_2]
Source link