2:00PM Water Cooler 12/13/2024 | bare capitalism

Date:


By Lambert Strether of Corrente.

Pleased Friday the Thirteenth to those that rejoice! –lambert

Chicken Music of the Day

Northern Mockingbird, Siboney; BIOECO Estacion Ecologica Siboney-Jutici, Santiago de Cuba, Cuba. “That is all one steady lower even by my announcement.” Seize a cup of espresso. Eighteen minutes (although the final two minutes or so are the “announcement.”

* * *

In Case You May Miss…

  1. RFK, Trump, and vax.
  2. Covid “viral reservoir” idea recieves assist.
  3. The place oil earnings went.
  4. New Covid charts: Excellent news, however positivity uptick.

* * *

Politics

“So lots of the social reactions that strike us as psychological are actually a rational administration of symbolic capital.” –Pierre Bourdieu, Classification Struggles

* * *

Capitol Seizure

“Watchdog finds FBI intelligence missteps earlier than Jan. 6 riot, however no undercover brokers had been current” [Associated Press]. “The report from the Justice Division inspector common’s workplace knocks down a fringe conspiracy idea superior by some Republicans in Congress that the FBI performed a task in instigating the occasions that day, when rioters decided to overturn Republican Donald Trump’s 2020 election loss to Democrat Joe Biden stormed the constructing in a violent conflict with police. The assessment, launched almost 4 years after a darkish chapter in historical past that shook the bedrock of American democracy, was slim in scope, however aimed to make clear gnawing questions which have dominated public discourse, together with whether or not main intelligence failures preceded the riot and whether or not the FBI in a roundabout way provoked the violence.” • I’d be so much happier if I may cross two oddities off my checklist for the day: No one is aware of who constructed the gallows or took them away; and no person is aware of who left the pipe bombs on the DNC (when Kamala was there). For these two tales, take the Justice Division story as learn: It wasn’t the FBI. So, who was it?

“DOJ IG reveals 26 FBI informants had been current on Jan. 6” [FOX]. “Justice Division Inspector Normal Michael Horowitz mentioned there have been greater than two dozen confidential human sources (CHSs) within the crowd outdoors the Capitol on Jan. 6, 2021, however solely three had been assigned by the FBI to be current for the occasion, whereas stressing that not one of the sources was licensed or directed by the bureau to ‘break the regulation’ or ‘encourage others to commit unlawful acts,’ Fox Information has discovered.” • “We had been simply informanting. We weren’t agent provocateuring in any respect, completely.” OK, fantastic.

Trump Transition

“RFK Jr key adviser petitioned regulators to revoke approval of polio vaccine” [Ed Pilkington, Guardian]. “A key authorized adviser to Robert Kennedy Jr, Donald Trump’s decide for well being secretary, is on the heart of efforts to push federal drug regulators to revoke approval for the polio and hepatitis B vaccines and block distribution of 13 different crucial vaccines. Aaron Siri, a lawyer who has been serving to Kennedy choose prime well being directors as a part of the Trump transition course of, is deeply embedded in longstanding efforts to drive the US Meals and Drug Administration (FDA) to withdraw a raft of vaccines which have saved the lives and well being of tens of millions of Individuals.” • I don’t thoughts having religion dialogue about rolling again the childhood vaccination schedule; heck, it seems like a spreadsheet. However my concern has at all times been that the anti-vaxxers need to roll again all vaccines, together with the unique Measles, Mumps, and Rubella (MMR), i.e., those I used to be given as a baby, and factor, too. And now a RFK’s authorized operating buddy needs to roll again polio vaccines, so my “lack of fine religion” priors are closely bolstered. A bridge too far, for me. Possibly deal with MAHA? Except eliminating polio vaccines is MAHA, after all.

“Trump to debate ending childhood vaccination packages with RFK Jr.” [Reuters]. “He (Kennedy) doesn’t disagree with vaccinations, all vaccinations. He disagrees in all probability with some,” Trump mentioned.” • “In all probability” is doing a number of work there. And if Kennedy needed to preseve polio vaccines, then his mimion wouldn’t be making an attempt to revoke their approval. And if you wish to do away with the polio vaccines, then you definitely would possibly as nicely “disagree” with “all vaccinations.” Trump ought to put RFK again in his field on this one.

* * *

“Trump Transition Staff Needs To Finish Crash Report Requirement Opposed By Tesla, Report Says” [Forbes]. “President-elect Donald Trump’s transition crew needs to scrap a regulatory order requiring automakers to report crashes involving automobiles with automated driving techniques, Reuters reported Friday, aligning with opposition to the rule by Elon Musk’s Tesla, which accounts for many crashes reported underneath the requirement to date.” • Oh.

* * *

“SEC expenses Cantor Fitzgerald, led by Trump’s Commerce decide, with breaking securities legal guidelines” [CNBC]. • If we hadn’t simply had 4 years of Democrat lawfare, I’d be aghast.

The #Resistance

“Democratic governors quietly prep in depth plans to counter Trump” [CNN]. “Diplomatic and depressed as they’ve been in public, a small group of Democratic governors are deep into behind-the-scenes preparations and deliberations over how one can stability the politics of pushing again on what they’re anticipating from President-elect Donald Trump’s subsequent flip within the White Home. Since lengthy earlier than the election, they’ve been poring by Challenge 2025 — it’s useful, a number of Democratic governors instructed CNN, to have a blueprint in public. They’ve been learning their very own government powers and state legal guidelines…. They’ve been stockpiling the abortion medicine mifepristone [(!!)] in secret warehouses and rehearsing their solutions for if and when the incoming White Home tries to nationalize their state police or Nationwide Guard models to be used in deportation raids; some are planning to flat out refuse, whereas others intend to argue that the officers are busy with different work preserving the folks of their states secure. (None have totally wrapped their heads round how it might work if models from different states are despatched in and set themselves up for showdowns on the state borders.)” And: “A number of have been operating tabletop workout routines behind closed doorways for months, usually with state attorneys common and different related officers concerned. Officers in a number of governors’ places of work instructed CNN the circles have been tight to maintain the incoming White Home from with the ability to put together for their very own responses, or for the proactive improvements they’re wanting into.” • Price studying in full for the element. And what’s it with Democrats and these “tabletop workout routines”? They hold operating them, they usually don’t appear to be doing a lot good.

Democrats en déshabillé

“Democrats’ downside with working-class voters is greater than free commerce” [Eric Levitz, Vox]. “In mild of deindustrialization’s most pernicious results, Democrats ought to make American employees’ entry to remunerative employment and collective bargaining rights much less contingent in the marketplace’s whims, whereas rebuilding the social gathering’s popularity for sound financial administration.” • Daring! The issue is straightforward, from a 30,000-foot degree (the place certainly most issues are easy). The Democrats are the social gathering of the PMC. Because the governing class, they’re within the enterprise of working the numerous and assorted rental extraction schemes that dominate our financialized financial system, and which enrich the (propertied) ruling class on the expense of the (enwaged) working class (medical health insurance being one such). Due to this fact, the category pursuits of the Democrats and the working class are diametrically opposed. The Democrat Celebration founders on this contradiction. “A home divided in opposition to itself can not stand…. I don’t anticipate the home to fall — however I do anticipate it should stop to be divided. It’ll grow to be all one factor, or all the opposite.” –Abraham Lincoln.

Republican Funhouse

“Home Republicans launch investigation into CVS Caremark for potential antitrust violations” [The Hill]. “Home Republicans need to know whether or not pharmacy profit supervisor (PBM) CVS Caremark violated federal antitrust legal guidelines by threatening unbiased pharmacies to maintain them from utilizing money-saving instruments outdoors the PBM’s community. In a letter to CVS obtained by The Hill, Home Judiciary Committee Chair Jim Jordan (R-Ohio) requested the corporate for paperwork and communications about pharmaceutical hubs, a kind of digital pharmacy service that may streamline the method of accessing and managing complicated, high-cost specialty medicines for sufferers. Jordan expressed concern that CVS prevents unbiased pharmacies from taking part in hub preparations, as a result of the corporate needs to move off potential competitors. If an unbiased pharmacy works with a hub outdoors the PBM, it might be excluded from the PBMs community.” • Good.

Syndemics

“I’m in earnest — I can’t equivocate — I can’t excuse — I can’t retreat a single inch — AND I WILL BE HEARD.” –William Lloyd Garrison

* * *

Covid Sources, United States (Nationwide): Transmission (CDC); Wastewater (CDC, Biobot; contains many counties; Wastewater Scan, contains drilldown by zip); Variants (CDC; Walgreens); “Iowa COVID-19 Tracker” (in IA, however nationwide knowledge). “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 tackle given with the crops. 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 stories); 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 secure on the market!

Airborne Transmission

Phrase of the day (or the last decade):

Maskstravaganza

“Days after Period Tour ends, Taylor Swift spreads vacation cheer at Kids’s Mercy Hospital in KC” [Knox News]. • And that’s not all she’s spreading, is it?

Vaccines: Covid

“COVID-19 vaccination and short-term mortality danger: a nationwide self-controlled case collection examine in The Netherlands” (preprint) [medRxiv]. From the Summary: “We performed a retrospective data-linkage examine together with all Dutch inhabitants to research the influence of COVID-19 vaccination on extra mortality utilizing a modified self-controlled case collection methodology. We discovered a 44% decrease relative incidence of all-cause deaths within the first three weeks after the first vaccination in comparison with greater than three weeks after vaccination (IRR 0.56, 95percentCI 0.54-0.57). This decrease incidence was constant throughout vaccine sorts, doses, genders, age teams, and people with or with out prior SARS-CoV-2 an infection or comorbidities, and for non-COVID-19 associated deaths. For booster vaccinations, the relative incidence was comparable (IRR 0.49, 95percentCI 0.49-0.50). As compared, we noticed a 16-fold increased incidence of all-cause deaths within the three weeks following a registered constructive SARS-CoV-2 an infection in comparison with greater than three weeks after an infection (IRR 16.19, 95percentCI 15.78-16.60). A decrease relative incidence of short-term deaths following COVID-19 vaccination assist that COVID-19 vaccination isn’t related to the noticed extra mortality.” • “Not related” for that (comparatively quick) timeframe, as they certainly say.

Variants: H5N1

“Novel human-type receptor-binding H5N1 virus in stay poultry markets, China” [The Lancet]. “In January, 2024, findings from a surveillance examine close to Poyang Lake in southern China revealed a excessive prevalence of novel H5N1 viruses that confirmed enhanced binding affinity for human-type sialic acid receptors…. Given the established function of [Live poultry markets (LPMs)] as a serious supply of human H5N1 infections, we spotlight the pressing want for enhanced surveillance and public well being interventions to mitigate the widespread transmission potential of those novel human-type receptor-binding H5N1 viruses in these markets.” • “Novel” within the headline and repeated within the textual content doesn’t sound good. Maybe a sort reader can translate all the summary.

Sequelae: Covid

“Multi-Organ Unfold and Intra-Host Variety of SARS-CoV-2 Assist Viral Persistence, Adaptation, and a Mechanism That Will increase Evolvability” [Journal of Medical Virology (Jason Boxman). The Abstract:

Intra-host diversity is an intricate phenomenon related to immune evasion, antiviral resistance, and evolutionary leaps along transmission chains. SARS-CoV-2 intra-host variation has been well-evidenced from respiratory samples. However, data on systemic dissemination and diversification are relatively scarce and come from immunologically impaired patients. Here, the presence and variability of SARS-CoV-2 were assessed among 71 tissue samples obtained from multiple organs including lung, intestine, heart, kidney, and liver from 15 autopsies with positive swabs and no records of immunocompromise. . All organs presented intra-host single nucleotide variants (iSNVs) with low, moderate, and high abundances. The iSNV abundances observed within different organs indicate that . In agreement with previous data from respiratory samples, our lung samples presented no more than 10 iSNVs each. But interestingly, when analyzing different organs we were able to detect between 11 and 45 iSNVs per case. . We elaborate on how compartmentalized evolution in multiple organs may contribute to SARS-CoV-2 evolving so rapidly despite the virus having a proofreading mechanism.

Yikes.

* * *

TABLE 1: Daily Covid Charts

Lambert: After repeated attempts, this is what I get for CDC’s wastewater page:

I conclude that CDC doesn’t know how to run a server, along with everything else they don’t know how to do.

Wastewater
This week[1] CDC December 2 Final week[2] CDC (till subsequent week):

Variants [3] CDC December 7 Emergency Room Visits[4] CDC December 7

Hospitalization
New York[5] New York State, knowledge December 12: Nationwide [6] CDC December 12:

Positivity
Nationwide[7] Walgreens December 9: Ohio[8] Cleveland Clinic December 7:

Vacationers Knowledge
Positivity[9] CDC November 25: Variants[10] CDC November 25:

Deaths
Weekly Deaths vs. % Positivity [11] CDC November 20: Weekly Deaths vs. ED Visits [12] CDC November 20:

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 completed a terrific job normalizing successive waves of an infection.

[4] (ED) A bit of uptick.

[5] (Hospitalization: NY) Leveled out.

[6] (Hospitalization: CDC). Leveling out.

[7] (Walgreens) Leveling out.

[8] (Cleveland) Up!

[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

There are not any official statistics of curiosity as we speak.

* * *

Manufacturing: “Boeing Plans $1 Billion Growth in South Carolina” [Industrial Equipment News]. “Boeing yesterday introduced plans to take a position $1 billion in infrastructure upgrades at its Charleston County, South Carolina website. The enlargement will create 500 new jobs over the following 5 years. The announcement was made by the South Carolina Division of Commerce (SCDC). Boeing South Carolina is house to all the 787 Dreamliner manufacturing cycle and fabricates, assembles, and delivers the 787-8, 787-9 and 787-10. The manufacturing unit has been in operation for greater than ten years.” • That’s non-unionized South Carolina.

Manufacturing: “Boeing, Airbus nonetheless battle with provide chains and personnel shortages” [Leeham News & Analysis]. “Michael Haidinger, president of Boeing’s European and Center Jap areas, and Juergen Westermeier, chief procurement officer for Airbus, agree challenges stay within the close to future. ‘There’s at all times a scarcity of expert aerospace expertise intensified by the pandemic,’ Haidinger mentioned this month on the annual Aviation Discussion board (2024) in Munich, Germany. ‘As all of the professionals retired, fewer new staff entered the sector. Our trade wants extra individuals who not solely deliver experience but additionally embrace the mission of advancing aerospace.’ Haidinger added, ‘The deficit of expert engineers, technicians, and different aerospace employees has made ramping up manufacturing tougher. Attracting and retaining expertise has grow to be a prime precedence for us. [We are] with many corporations investing in workforce improvement, partnerships with universities, coaching packages, and apprenticeship packages.’”

* * *

In the present day’s Worry & Greed Index: 50 Impartial (earlier shut: 48 Impartial) [CNN]. One week in the past: 52 (Impartial). (0 is Excessive Worry; 100 is Excessive Greed). Final up to date Dec 13 at 2:43:33 PM ET.

Musical Interlude

Toe-tapping goodness:

Groves of Academe

“Comparative lit class shall be first in Humanities Division to make use of UCLA-developed AI system” (press launch) [Newsroom, UCLA]. “The textbook: AI-generated. Class assignments: AI-generated. Educating assistants’ sources: AI-generated.” After I ran a Literary Hub put up on this story, alert reader and important thinker PJay requested a terrific query: “Are we certain this isn’t a Sokal-type hoax?” So I went and dug up this press launch; the percentages of hoaxdom are vanishingly small. Right here once more, on your reference. is the AI artwork for the textbook. Put down your espresso:

The course is Comp Lit 2BW within the UCLA School Division of Humanities [sic]. Would some sort soul with a UCLA connection be capable to throw copies of the instructing materials over the transom? I’m certain the readership would get pleasure from them. My e mail tackle is down by the crops.

Annals of Faith

“How a Story of Demonic Possession Predicted the Decline of an Early Medieval Empire” [Smithsonian]. “Historians can look again and see the tensions that resulted within the coup of 830, and the way its lack of decision led to a different coup try in 833 and finally to a brutal civil conflict within the 840s. However all through all of the homicide, treason and plotting, most historic sources, from the Annals of Fulda to the Annals of St. Bertin, stay dedicated to the parable of stability, inevitability and God’s blessing.” • Plus ça change….

Healthcare

“UnitedHealth Group C.E.O.: The Well being Care System Is Flawed. Let’s Repair It.” [Andrew Witty, New York Times]. Witty is the chief government officer of UnitedHealth Group, the mother or father firm of UnitedHealthcare. “He believed choices about well being care ought to begin with the person and championed plans during which shoppers may see prices and protection choices upfront, so they may resolve what’s finest for themselves and their households.” • Oh.

“Brian Thompson, Not Luigi Mangione, Is the Actual Working-Class Hero” [Bret Stephens, New York Times]. “Thompson’s life could have been lower brutally quick, however it should stay a mannequin for the way a gifted and decided man from humble roots can nonetheless rise to the highest of company life with out the advantage of wealthy dad and mom and an Ivy League diploma.”

“The Disaster of Elite Indifference to Company Mass Homicide” [Nathan Newman, Left Future]. The deck: “And a Modest Proposal to License No Greater than 10 CEO Murders Every Yr to Enhance Company Accountability” NOTE: Satire. Form of like Shirley Jackson’s The Lottery. Because the creator mentions!

* * *

UPDATE A sometimes sensible thread by Moe Tkacik:

It’s actually making an attempt to be a weblog put up, and it’s too lengthy to display seize, however right here is the whistleblower (“knowledgeable witness”) half:

Price a clickthrough, although I assume the total article will seem shortly.

* * *

“Luigi Mangione’s Mom Spent Months Trying to find a Son Who Didn’t Wish to Be Discovered” [Wall Street Journal]. “Over the previous yr, the household was at a loss for the place Luigi was or what he was doing, in response to the folks near the Mangiones. Within the fall, his family emailed lots of his mates to hunt their assist. One pal posted to Luigi on X, ‘Hey, are you okay? No one has heard from you in months, and apparently your loved ones is searching for you.’ In November, his mom reportedly known as the San Francisco Police Division to report her son lacking. ‘She would have completed the whole lot to seek out her son and couldn’t,’ mentioned a type of near the Mangiones.” • Hmm.

* * *

“Lakeland lady threatens insurance coverage firm, says ‘Delay, Deny, Depose’: police” [WFLA]. “A Lakeland lady was charged Tuesday after police mentioned she ended a name to an insurance coverage firm with the phrases, ‘Delay, Deny, Depose.’ In an arrest affidavit, the Lakeland Police Division mentioned officers had been contacted by the FBI on Tuesday, Dec. 10 relating to an alleged menace remodeled the telephone. Briana Boston, 42, had reportedly positioned a name to BlueCross BlueShield relating to latest medical insurance coverage claims she was denied. The whole telephone name was recorded, in response to the affidavit…. Police made contact with Boston at her house in Lakeland, the place she reportedly admitted to utilizing these phrases throughout the name, telling detectives that ‘healthcare corporations performed video games and deserved karma from the world as a result of they’re evil.’ ‘My shopper is 42, married mom of three. By no means had any legal expenses or convictions. Might you launch her on her personal recognizance,’ her legal professional Jim Headley mentioned to a choose throughout her first look in court docket. Nevertheless, the choose set her bond at $100,000, stating, ‘I do discover that the bond of $100,000 is acceptable .’ Boston was charged with threats to conduct a mass capturing or an act of terrorism, in response to the affidavit.” • Hoo boy.

“Girl threatens BlueCross BlueShield, saying ‘delay, deny, depose’, then will get arrested” [WHAM]. “Boston is charged with one rely “Written Menace to Kill or Injure- Conduct a mass capturing or an act of terrorism.” • This seems just like the related Florida statute;

However telephone calls are exempt, and Boston made the alleged menace over the telephone. Maybe a authorized knowledgeable from Florida can weigh in?

Guillotine Watch

“BioLab units deadline for claims over Conyers chemical plant hearth” [FOX5]. “Time is operating out to file reimbursement claims in connection to the BioLab chemical plant hearth in Conyers. The fires in September despatched chemical-filled smoke into the air for days, resulting in complaints a couple of robust chemical odor and haze and forcing hundreds to shelter in place. The corporate is already dealing with a number of lawsuits, together with one filed by Rockdale County commissioners. The fee chair says that the lawsuit is at present in course of. As cleanup started, BioLab opened an internet site for residents to file a declare for bills incurred on account of the fireplace. The corporate says it has responded to greater than 29,000 calls and 9,000 emails, and helped 4,000 folks by its Group Help Middle since Oct. 8. With the excessive quantity of claims steadily lowering, BioLab has set a deadline for New Yr’s Eve for any new submissions. After that, the corporate will not settle for new claims.”• The put up provides instructions on submitting a declare, which is beneficial. Nonetheless, what about long run results?

Class Warfare

“Musk’s Charitable Basis Despatched Most of Its Thousands and thousands to His Personal Entities” [Bloomberg]. “Elon Musk’s charitable basis ballooned to $9.5 billion in belongings final yr whereas handing out $237 million in items, most of which went to different entities managed by the world’s richest particular person. The figures are a part of the Musk Basis’s newest tax submitting, obtained Thursday by Bloomberg Information…. The nonprofits Musk controls are a part of his huge and rising empire, which counts a carmaker, rocket firm, social media platform and, now, a serious political equipment…. Although Musk has widened his lead because the richest particular person ever, his philanthropy stays muted…. The IRS mandates that foundations deploy, on common, 5% of belongings a yr. Musk has repeatedly missed that bar. Over time, at the same time as the muse has grown in wealth, he has saved the crew small. Its newest submitting lists the identical handful of individuals, together with himself and his fixer, Jared Birchall.” • Lol, “muted.” “Fixer” can be fairly a robust phrase to make use of, particularly for Bloomberg. I imply, “fixer” is a Third World idea, no?

“Distributional implications and share possession of report oil and gasoline earnings” (PDF) [University of Massachusetts, Amherst]. “We estimate that globally, internet revenue in publicly listed oil and gasoline corporations reached US$916 billion in 2022. The USA was the most important beneficiary receiving US$301 billion in fossil gasoline earnings each from home extraction and thru world shareholding, greater than U.S. investments of US$267 billion within the low carbon financial system that yr. Analyzing the U.S. distribution together with privately held US corporations, 51% of earnings went to the wealthiest 1%, predominantly by direct shareholdings and personal firm possession. In distinction the underside 50% solely obtained 1%. The incremental fossil-fuel earnings in 2022 over these in 2021 had been sufficient to extend the disposable revenue of the wealthiest Individuals a number of p.c and compensate a considerable a part of their buying energy loss from inflation that yr, thereby exacerbating inflation inequality. Report fossil-fuel earnings additionally reinforce present racial and ethnic inequalities and inequalities between teams with totally different instructional attainments. Our outcomes additionally present that solely a small share of general earnings advantages establishments that serve the broader public akin to pension funds.” • Useful chart:

“Man alleges Sean Combs drugged and raped him throughout a gathering at a New York lodge” [NBC]. • Been awhile since we heard from Diddy!

Information of the Wired

“People who find themselves good at studying have totally different brains” [The Conversation]. “Clearly, mind construction can inform us so much about studying expertise. Importantly, although, the mind is malleable — it modifications after we be taught a brand new ability or apply an already acquired one. As an illustration, younger adults who studied language intensively elevated their cortical thickness in language areas. Equally, studying is more likely to form the construction of the left Heschl’s gyrus and temporal pole. So, if you wish to hold your Heschl’s thick and thriving, decide up e-book and begin studying. Lastly, it’s price contemplating what would possibly occur to us as a species if expertise like studying grow to be much less prioritised. Our capability to interpret the world round us and perceive the minds of others would certainly diminish. In different phrases, that cosy second with a e-book in your armchair isn’t simply private – it’s a service to humanity.”

* * *

Contact info for crops: 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 examine in case you are allergic to PayPal and (b) to learn the way to ship me photographs of crops. Greens are fantastic! Fungi, lichen, and coral are deemed to be honorary crops! If you need your deal with to look as a credit score, please place it firstly of your mail in parentheses: (thus). In any other case, I’ll anonymize by utilizing your initials. See the earlier Water Cooler (with plant) right here. From timotheus:

Timotheus writes: “I took this picture of a monarch on a bee blossom bush in early September within the park in entrance of my constructing and solely simply now realized (by blowing it up) that it was tagged. I reported the quantity to MonarchWatch.org, which was straightforward. They mentioned thanks.”

* * *

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About Lambert Strether

Readers, I’ve had a correspondent characterize my views as reasonable cynical. Let me briefly clarify them. I consider in common packages that present concrete materials advantages, particularly to the working class. Medicare for All is the prime instance, however tuition-free faculty and a Submit Workplace Financial institution additionally fall underneath this heading. So do a Jobs Assure and a Debt Jubilee. Clearly, neither liberal Democrats nor conservative Republicans can ship on such packages, as a result of the 2 are totally different flavors of neoliberalism (“As a result of markets”). I don’t a lot care in regards to the “ism” that delivers the advantages, though whichever one does should put widespread humanity first, versus markets. Might be a second FDR saving capitalism, democratic socialism leashing and collaring it, or communism razing it. I don’t a lot care, so long as the advantages are delivered.

To me, the important thing challenge — and that is why Medicare for All is at all times first with me — is the tens of hundreds of extra “deaths from despair,” as described by the Case-Deaton examine, and different latest research. That giant physique rely makes Medicare for All, on the very least, an ethical and strategic crucial. And that degree of struggling and natural harm makes the considerations of identification politics — even the worthy battle to assist the refugees Bush, Obama, and Clinton’s wars created — shiny shiny objects by comparability. Therefore my frustration with the information stream — at present in my opinion the swirling intersection of two, separate Shock Doctrine campaigns, one by the Administration, and the opposite by out-of-power liberals and their allies within the State and within the press — a information stream that always forces me to deal with issues that I regard as of secondary significance to the surplus deaths. What sort of political financial system is it that halts and even reverses the will increase in life expectancy that civilized societies have achieved? I’m additionally very hopeful that the persevering with destruction of each social gathering institutions will open the area for voices supporting packages much like these I’ve listed; let’s name such voices “the left.” Volatility creates alternative, particularly if the Democrat institution, which places markets first and opposes all such packages, isn’t allowed to get again into the saddle. Eyes on the prize! I really like the tactical degree, and secretly love even the horse race, since I’ve been running a blog about it every day for fourteen years, however the whole lot I write has this attitude in the back of it.













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