By Lambert Strether of Corrente.
Hen Music of the Day
Northern Mockingbird, New Windfall Island; Lyford Cay, New Windfall, Bahamas.
In Case You Would possibly Miss…
- Lina Khan out.
- Arnade on McDonald’s: Trump and The Adjuster
- Kamala’s flawless marketing campaign, lol.
- Hen flu carried by mud on the wind.
Politics
“So most of the social reactions that strike us as psychological are in reality a rational administration of symbolic capital.” –Pierre Bourdieu, Classification Struggles
Musk GLP
Nothing would do extra to enhance the well being, lifespan and high quality of life for Individuals than making GLP inhibitors tremendous low value to the general public.
Nothing else is even shut. https://t.co/SNGcxzkcqE
— Elon Musk (@elonmusk) December 11, 2024
‘We don’t even know who’s working the nation’: South Korea’s ruling social gathering stalls for time amid management disaster Channel Information Asia
Trump Transition
“Trump Goals to Remake Federal Commerce Fee With Two Picks” [Wall Street Journal]. “Trump on Tuesday additionally mentioned he would nominate the Republican antitrust lawyer Mark Meador as a commissioner. Meador is a former aide to Sen. Mike Lee (R., Utah), who led the introduction of laws to interrupt up Google. His affirmation would give the GOP a majority on the fee. Whereas Meador would require Senate approval, Ferguson gained’t. He was already confirmed for his commissioner seat in March and can be capable to make the transition to the position of chair.”
* * * “Crypto Doesn’t Deserve a Tax Exemption” [Tyler Cowen, Bloomberg]. “The obvious argument in opposition to the proposal is solely that uniform taxation is best than selective tax exemptions. If a decrease capital beneficial properties tax charge is preferable, then the objective ought to be to make a smaller minimize that applies to all belongings. Exempting a single type of asset is more likely to result in abuses. You would possibly assume that boosting crypto is necessary now, however which sector or asset can be chosen subsequent for particular therapy? It could be one you don’t assume deserves it.” And: “Lots of the main supporters of Trump’s marketing campaign have been crypto-connected corporations. You don’t must assume this tax proposal is a few type of payback to understand that this creates issues of notion. Subsequent time round, corporations will provide campaigns monetary assist within the expectation of extra favorable tax and regulatory therapy.” • I nonetheless wrestle to grasp the case for crypto, until or not it’s that Silicon Valley desires to get into finance, and to compete with Wall Avenue they want a particular competence, which seems to be fraud (wonderful, I do know).
* * * “High Republicans cut up over technique to maneuver Trump’s 2025 agenda” [NBC]. “The brand new Congress will give Trump and Republicans the chance to move main laws with out the necessity for any Democratic assist below a course of known as ‘reconciliation’ However whether or not the GOP will attempt to hyperlink all of its high priorities collectively in a single package deal early subsequent yr or cut up main points throughout two, smaller payments is a serious topic of debate amongst high Republican leaders. The Home’s high tax author, Methods and Means Committee Chair Jason Smith, R-Mo., is warning fellow Republicans in opposition to breaking the agenda up into two payments, during which border safety and power coverage would come within the first and an extension of Trump’s 2017 tax minimize regulation may come within the second. Delaying the tax laws dangers jeopardizing it, Smith and his allies warn, so they need one sweeping package deal.”
* * * “The Weird Normalcy of Trump 2.0” [Jonathan Chait, The Atlantic]. So Chait obtained a promotion to the Atlantic (for some definition of “promotion”). “A really unusual disjuncture has opened up in Washington between the serene temper and the alarming developments which might be below means. The floor is calm as a result of the Republican presidential candidate gained the election, and Democrats, the one one of many two main events dedicated on precept to upholding the legitimacy of election outcomes, conceded defeat and are cooperating within the peaceable transition of energy. No matter power the chastened Democrats can muster in the mean time is aimed inward, at factional struggles over their future route. In the meantime, what is definitely occurring within the capital is, by any rational customary, disturbing. Donald Trump is filling his administration with ‘loyalists,’ a prerogative that his opponents have grudgingly accepted as his due. But he’s defining loyalist in maximal phrases, together with the idea that Trump legitimately gained the 2020 election and was justified in his try to seize energy. The winners are rewriting the historical past of the riot, and their model of historical past is about to amass the power of regulation.” And: “On Saturday, The New York Instances reported that the Trump transition group is asking candidates for high-level positions within the Protection Division and intelligence businesses three questions: which candidate they supported up to now three elections, what they thought of January 6, and whether or not they believed the 2020 election was stolen. Among the many ‘fallacious’ solutions, candidates say, are conceding that Trump misplaced the election or that his supporters shouldn’t have tried to overturn the end result.” • As for the 2020 election, see instantly beneath. (I believe all of the huffing-and-puffing about Trump choosing “loyalists” is absurd. In spite of everything, what’s he imagined to do? Choose backstabbers? That mentioned, a style for Kool-Help shouldn’t be the operational definition of loyalty. Or the flexibility to misinform get forward, though this is Washington, D.C…..
* * * “Trump attorneys and aide hit with 10 further felony prices in Wisconsin over 2020 pretend electors” [Associated Press]. “The state prices in opposition to the Trump attorneys and aide are the one ones in Wisconsin. Not one of the electors have been charged. The ten Wisconsin electors, Chesebro and Troupis all settled a lawsuit that was introduced in opposition to them in 2023. There are pending prices associated to the pretend electors scheme in state and federal courts in Arizona, Michigan, Nevada and Georgia. Federal prosecutors, investigating Trump’s conduct associated to the Jan. 6, 2021, U.S. Capitol riot, mentioned the pretend electors scheme originated in Wisconsin. Electors are individuals appointed to signify voters in presidential elections. The winner of the favored vote in every state determines which social gathering’s electors are despatched to the Electoral Faculty, which meets in December after the election to certify the result. Two states, Maine and Nebraska, enable their electoral votes to be cut up between candidates. The Wisconsin criticism particulars how Troupis, Chesebro and Roman created a doc that falsely mentioned Trump had gained Wisconsin’s 10 Electoral Faculty votes after which tried to ship to to then-Vice President Mike Pence. Within the amended criticism filed Tuesday, .” • I’ve all the time mentioned that the “contingent electors” instances have been the necessary, real instances within the Democrat lawfare over 2020 — don’t let the door hit you on the best way out, Fani — as a result of the Trump marketing campaign put civilians within the line of fireplace, as right here. So I’m glad to see this case shifting ahead.
2024 Submit Mortem
Democrats en déshabillé
“Newsom’s Large Selection: Single Payer Or His Insurance coverage Donors?” [The Lever]. From 2022. “The present push for single-payer could also be doomed to the identical destiny as its predecessors. Even when the invoice manages to move the meeting earlier than the tip of the day Monday and passes the state senate, there is no such thing as a assure Newsom will signal it into regulation. Regardless of his marketing campaign promise, the California governor has lengthy been allied with insurance coverage corporations opposing the reform…. UnitedHealth Group, the nation’s largest well being insurer, can be opposing the single-payer invoice, and has been urgent its workers to foyer California lawmakers in opposition to passing the laws. The insurance coverage big has contributed $130,000 to Newsom’s campaigns since 2011, and $513,000 to the state Democratic social gathering since 2007. In 2019, UnitedHealth Group and certainly one of its subsidiaries donated $100,000 to Newsom’s inaugural fund. Now, whether or not Newsom’s relationship with Blue Defend, Anthem, and UnitedHealth will influence his decision-making on CalCare is an open query, says Courtroom at Client Watchdog.” • Social homicide has many accomplices….
Syndemics
“I’m in earnest — I cannot equivocate — I cannot excuse — I cannot retreat a single inch — AND I WILL BE HEARD.” –William Lloyd Garrison
Covid Sources, United States (Nationwide): Transmission (CDC); Wastewater (CDC, Biobot; consists of many counties; Wastewater Scan, consists of drilldown by zip); Variants (CDC; Walgreens); “Iowa COVID-19 Tracker” (in IA, however nationwide information). “An infection Management, Emergency Administration, Security, and Normal Ideas” (particularly on hospitalization by metropolis).
Lambert right here: Readers, thanks for the collective effort. To replace any entry, do be at liberty to contact me on the handle given with the vegetation. Please put “COVID” within the topic line. Thanks!
Sources, United States (Native): AK (dashboard); AL (dashboard); AR (dashboard); AZ (dashboard); CA (dashboard; Marin, dashboard; Stanford, wastewater; Oakland, wastewater); CO (dashboard; wastewater); CT (dashboard); DE (dashboard); FL (wastewater); GA (wastewater); HI (dashboard); IA (wastewater experiences); ID (dashboard, Boise; dashboard, wastewater, Central Idaho; wastewater, Coeur d’Alene; dashboard, Spokane County); IL (wastewater); IN (dashboard); KS (dashboard; wastewater, Lawrence); KY (dashboard, Louisville); LA (dashboard); MA (wastewater); MD (dashboard); ME (dashboard); MI (wastewater; wastewater); MN (dashboard); MO (wastewater); MS (dashboard); MT (dashboard); NC (dashboard); ND (dashboard; wastewater); NE (dashboard); NH (wastewater); NJ (dashboard); NM (dashboard); NV (dashboard; wastewater, Southern NV); NY (dashboard); OH (dashboard); OK (dashboard); OR (dashboard); PA (dashboard); RI (dashboard); SC (dashboard); SD (dashboard); TN (dashboard); TX (dashboard); UT (wastewater); VA (wastewater); VT (dashboard); WA (dashboard; dashboard); WI (wastewater); WV (wastewater); WY (wastewater).
Sources, Canada (Nationwide): Wastewater (Authorities of Canada).
Sources, Canada (Provincial): ON (wastewater); QC (les eaux usées); BC (wastewater); BC, Vancouver (wastewater).
Hat tricks to useful readers: Alexis, anon (2), Art_DogCT, B24S, CanCyn, ChiGal, Chuck L, Festoonic, FM, FreeMarketApologist (4), Gumbo, hop2it, JB, JEHR, JF, JL Joe, John, JM (10), JustAnotherVolunteer, JW, KatieBird, KF, KidDoc, LL, Michael King, KF, LaRuse, mrsyk, MT, MT_Wild, otisyves, Petal (6), RK (2), RL, RM, Rod, sq. coats (11), tennesseewaltzer, Tom B., Utah, Bob White (3).
Keep protected on the market!
Transmission: H5N1
TABLE 1: Every day Covid Charts
Lambert: CDC’s wastewater web page loaded. No Thanksgiving surge that I can see.
| Wastewater | |
| This week[1] CDC December 2 | Final week[2] CDC (till subsequent week): |
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| Variants [3] CDC December 7 | Emergency Room Visits[4] CDC November 30 |
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| Hospitalization | |
| ★ New York[5] New York State, information December 10: | Nationwide [6] CDC December 5: |
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| Positivity | |
| Nationwide[7] Walgreens December 9: | Ohio[8] Cleveland Clinic November 23: |
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| Vacationers Information | |
| Positivity[9] CDC November 19: | Variants[10] CDC November 4: |
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| Deaths | |
| Weekly Deaths vs. % Positivity [11] CDC November 20: | Weekly Deaths vs. ED Visits [12] CDC November 20: |
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LEGEND
1) ★ for charts new as we speak; all others usually are not up to date.
2) For a full-size/full-resolution picture, Command-click (MacOS) or right-click (Home windows) on the chart thumbnail and “open picture in new tab.”
NOTES
[1] (CDC) Excellent news!
[2] (CDC) Final week’s wastewater map.
[3] (CDC Variants) XEC takes over. That WHO label, “Ommicron,” has carried out an incredible job normalizing successive waves of an infection.
[4] (ED) Down.
[5] (Hospitalization: NY) Leveled out.
[6] (Hospitalization: CDC). Really improved; it’s now one of many few charts to point out your entire course of the pandemic to the current day.
[7] (Walgreens) Down.
[8] (Cleveland) Down.
[9] (Vacationers: Positivity) Leveling out.
[10] (Vacationers: Variants). Positivity is new, however variants haven’t but been launched.
[11] Deaths low, positivity leveling out.
[12] Deaths low, ED leveling out.
Stats Watch
Inflation: “United States Client Worth Index (CPI)” [Trading Economics]. “Client Worth Index CPI in the USA decreased to 315.49 factors in November from 315.66 factors in October of 2024. The annual inflation charge within the US rose to 2.7% in November, from 2.6% in October and matching markets expectations. On a month-to-month foundation, the CPI elevated by 0.3%, essentially the most since April,
Manufacturing: “Boeing wins $450.5M contract for Japan’s F-15 Tremendous Interceptor upgrades” [Aerotime]. “Boeing has been awarded a $450.5 million contract by the US Air Power (USAF) to assist the F-15 Japan Tremendous Interceptor Program. Below this contract, , Boeing will purchase the techniques wanted to improve the Japan Air Self-Protection Power (JASDF) F-15J fleet.” • Industrial coverage….
Manufacturing: “Boeing Inventory Is Taking Off. Right here’s Why.” [Barron’s]. In case you play the ponies…. “Wall Avenue expects Boeing to achieve 360 deliveries for all of 2024, in response to FactSet. That isn’t sufficient to earn a living. In the beginning of 2024, earlier than the door plug incident, Wall Avenue projected 2024 deliveries of about 700 jets and web earnings of about $3.5 billion. The Avenue has since revised that estimate to a lack of $8.9 billion. Tuesday’s beneficial properties depart Boeing shares down about 37% for the yr and about 34% for the reason that Alaska Air incident. Shares have been up about 1% from simply earlier than the strike, when 737 MAX manufacturing was paused.”
Manufacturing: “Is China able to tackle Airbus and Boeing? Not simply but” [Business Times]. “One in every of its promoting factors [of the COMAC C919] is that it’s extra environmently pleasant than its European and American counterparts. Comac designed its C919 with environmental sustainability as an goal – the jet made its first industrial flight on sustainable aviation gas (SAF) in September. The biofuel may be comprised of algae or agricultural, forestry, meals and even municipal waste. It’s claimed to chop carbon emissions by as much as 80 per cent in contrast with petroleum-based jet gas. It has been reported that GallopAir, a Brunei-based startup airline, has positioned an order for the C919. Vietnam Airways, Indonesia’s TransNusa, Air Asia and Brazil’s Complete Linhas Aereas have expressed curiosity.” • “919” jogs my memory of “707,” however 9 is an auspicious quantity in China.
Immediately’s Concern & Greed Index: 51 Impartial (earlier shut: 48 Impartial) [CNN]. One week in the past: 56 (Greed). (0 is Excessive Concern; 100 is Excessive Greed). Final up to date Dec 11 at 1:27:47 PM ET.
Healthcare
Clarifying:
‘Regardless of how ruthlessly’. That ought to work each methods then. pic.twitter.com/VFLO253yFy
— Priyamvada Gopal © (@PriyamvadaGopal) December 10, 2024
Talking of “ranging from absurd premises”….
“Luigi Mangione’s Full Story Isn’t On-line” [New York Magazine]. “[W]hat’s most placing about Mangione’s in depth on-line file is that, had it been compiled earlier than the capturing befell, it wouldn’t have raised a lot alarm. You’ll be able to spend hours studying these posts, sifting by his follows, and on the lookout for clues about what Sort of Man he’s, however the supportable theories are fairly skinny: Mangione had an internet profile consonant together with his id and context. He shared and posted and adopted like a 20-something striver with a foot within the tech business, listened to Rogan, and regarded himself a rationalist or a minimum of unusually rational.
Class Warfare
Information of the Wired
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