Thursday , January 23 2020
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Naked Capitalism

2:00PM Water Cooler 1/22/2020

By Lambert Strether of Corrente. Politics “But what is government itself, but the greatest of all reflections on human nature?” –James Madison, Federalist 51 “They had one weapon left and both knew it: treachery.” –Frank Herbert, Dune Here is a second counter for the Iowa Caucus, which is obviously just around the corner: * * * 2020 Alert reader dk (not to be confused with DK) is in the process of developing the following interactive chart. We have a lot of polls today, as of 1/22/2020,...

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Plastics Watch: China to Ban Single-Use Plastics, Malaysia Rejects Waste Shipments

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. China announced this past Sunday it intends to implement a sweeping back on single-use plastics. We now live in a world in which China has a more progressive plastics policy  than does the United States. Think about that reality for a second. China an environmental leader? As Forbes tells the story: The policy will ban the production and sale of...

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Links 1/22/2020

Digital de-ageing: from The Irishman’s Robert De Niro to Samuel L Jackson in Captain Marvel, how the tech is reaching new levels SCMP. I watched The Irishman on Netflix recently, and can recommend it. But it was disconcerting to watch a blue-eyed Robert DeNiro. Mexico butterfly conservationist’s disappearance sparks alarm BBC (david l) There’s been a huge spike in one of the world’s most potent greenhouse gases MIT Technology Review (UserFriendly) Netflix, Iran and the Documentary as...

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While Establishment Erupts Over Anti-Corruption Expert Pointing Out Biden’s Troubling Record, Progressives Say: Look at the Troubling Record

Jerri-Lynn here. I’m posting this to remind readers that while Trump may have, shall we say, pushed the envelope on corruption, Biden has long had his own special problems. Now, some of this behavior is not necessarily illegal – just standard operating procedure in Washington. I’m reminded of  Michael Kinsley’s quip:  “I have a saying: the scandal isn’t what’s illegal, the scandal is what’s legal.” We all know Democratic insiders are pushing the Biden candidacy, hard. This post makes  the...

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Boeing Again Pushes Back Guesstimated 737 Max “Good to Go” Date to Mid 2020 as Company Bleeds Cash

It’s not a good look when financial disclosure deadlines result in a company ‘fessing up to ugly truths. Boeing has had to admit that its fond hope that the FAA would give the troubled 737 Max a green light in February or March was optimistic. The airline announced it estimated that the “ungrounding” of the 737 Max would start in “mid 2020” which it by which it indicated it means June or July. And remember, it takes time to get planes out of mothballs, plus pilot simulator training looks like...

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Precarity: A Political Problem

Yves here. The basic premises of this post are sound: that precarity is the result of the shift in the last couple of generations of business revenues away from workers and towards profits, or capital, if you prefer. And that most people are far too complacent about that because they have deeply internalized prevailing market/neoliberal ideology. Robert Heilbroner identified this tendency in his 1988 book, Behind the Veil of Economics. A major focus was contrasting the source of discipline...

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Hope To See You! NYC Meetup Tomorrow, Thursday January 23 With Michael Hudson

Hope you can make this meetup! Given the time of year, we’ll probably have a moderate turnout, which will give those of you who can make it an even better opportunity to have an in-depth conversation with Michael Hudson as well as other members of the NC community, and get a drink and perhaps munchies. The weather looks to be accommodating for the winter, so please come over. Details: Thursday January 23, 20205:00 PM to 8:00 PM Playwright Irish Pub27 West 35th Street (between 5th and 6th...

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2:00PM Water Cooler 1/21/2020

By Lambert Strether of Corrente. Trade “Mission Impossible: China can’t meet its commitments on U.S. crude, LNG, coal – Russell” [Reuters]. “The more you delve into the details of China’s commitment to buy an additional $52.4 billion in U.S. energy over the next two years, the more it becomes apparent the goal is unachievable, even with the best will in the world…. China’s imports from the United States this year would have to be more than double past record monthly imports of U.S.-sourced...

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Jeff Bezos’ Not So Excellent Indian Adventure: Modi Government Disses Inept Amazon

By Jerri-Lynn Scofield, who has worked as a securities lawyer and a derivatives trader. She is currently writing a book about textile artisans. Jeff Bezos visited India last week, bearing the gift of of an Amazon offer to invest one billion dollars and create jobs to an India that faces its worst economic prospects  — slowing growth, rising unemployment, moribund investment – in at least twenty years. He didn’t receive a fawning reception. The day before he arrived, the Competition Commission...

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Links 1/21/2020

Today marks the 10th anniversary of the Citizens United decision. The legacy of ‘Citizens United’ has been destructive. We need campaign finance reform. WaPo. I’ll say. Ultrafast camera takes 1 trillion frames per second of transparent objects and phenomena Phys.org (RM) Newly discovered immune cell points to universal cancer treatment New Atlas (david l) The Dognapping of the Century Medium Living in Alan Turing’s Future New Yorker This weird-looking pigeon is actually a drone that flies...

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