Monday , March 1 2021
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Links 1/22/2021

Summary:
Dear patient readers, I apologize abjectly for being a bit short on original posts today, although Lambert has a juicy offering launching later in the day. Service crapification (basically all sorts of what ought to be routine stuff taking tons of extra steps and follow up) is one part of what is competing for my time. The other is all sorts of nonsense, like having to send multiple certified letters to a debt collector hounding my mother over an ambulance charge she already paid to dealing with a neighbor who is trying to stymie us cutting branches of his trees that are in my mother’s yard and threatening her phone/power lines. Fortunately, he’s not as good at this as he thinks he is. But dealing with the problem takes time I don’t have and he by design is making it more of an energy

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Lambert Strether writes Links 2/28/2021

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Dear patient readers,

I apologize abjectly for being a bit short on original posts today, although Lambert has a juicy offering launching later in the day. Service crapification (basically all sorts of what ought to be routine stuff taking tons of extra steps and follow up) is one part of what is competing for my time. The other is all sorts of nonsense, like having to send multiple certified letters to a debt collector hounding my mother over an ambulance charge she already paid to dealing with a neighbor who is trying to stymie us cutting branches of his trees that are in my mother’s yard and threatening her phone/power lines. Fortunately, he’s not as good at this as he thinks he is. But dealing with the problem takes time I don’t have and he by design is making it more of an energy sink. Apartments were so much easier!

Injured Dog Owner Spends $400 On Vet For His Limping Dog Only To Find Out He Was Copying The Owner Out Of Sympathy Bored Panda

Invasive tawny crazy ants have an intense craving for calcium – with implications for their spread in the US PhyOrs (Robert M). WTF, feral hogs, murder hornets, and now this?

Giant worm’s undersea lair discovered by fossil hunters in Taiwan Guardian (Kevin W)

#COVID-19

Iran and the Coronavirus: From Denial to National Mobilization. A chapter from The Coronavirus in the Middle East: State and Society in a Time of Crisis.

Science/Medicine

Kids highly likely to transmit coronavirus to others: study MedicalXpress

Escape of SARS-CoV-2 501Y.V2 variants from neutralization by convalescent plasma A hot of the presses preprint from South Africa.

Why new COVID-19 variants are on the rise and spreading around the world The Conversation (Kevin W)

I have avoided the PCR test controversy but it appears that it just isn’t a very good test (or is merely less bad than the antigen test). John Hopkins found it has a 20% false NEGATIVE rate. If you read the abstract, the reasons appear to have nada to do with the # of cycles.

Covid vaccines may need updating to protect against new variant, study suggests Guardian. Understatement of the year. And operationally like declaring, “Let’s have an Aida matinee.”

COVID safety in schools ‘contingent on ventilation,’ says N.S. education minister CBC (ma)

US

Press Secretary Jen Psaki and Dr. Anthony Fauci brief reporters on the Biden administration’s pandemic response and what is known about new more transmissible variants of the coronavirus and how they respond to vaccines. C-SPAN (Kevin C)

Read the National Strategy for the COVID-19 Response and Pandemic Preparedness White House. Hoo boy, the goals and their ordering are not encouraging. Particularly not liking the choice of what was Goal 1, the lack of any clear commitment to financial support (the weasel wording = Scrooge-y means tested, if any), and the continuing emphasis on Magic Covid Vaccines, and not pursuing treatments too:

Goal One: Restore trust with the American people
Goal Two: Mount a safe, effective, equitable vaccination campaign
Goal Three: Mitigate spread through expanding masking, testing, data, treatment, workforce, and clear public health standards
Goal Four: Immediately expand emergency relief and exercise the Defense Production Act
Goal Five: Safely reopen schools, businesses, and travel while protecting workers
Goal Six: Protect those most at risk and advance equity, including across racial, ethnic and rural/urban lines
Goal Seven: Restore U.S. leadership globally, advance health security, and build better preparedness for future threats

Biden Inks Order Bolstering Virus Protections For Workers Law 360

Fauci says it’s ‘liberating’ working under Biden The Hill

How Many Vaccine Shots Go to Waste? Several States Aren’t Counting. ProPublica (resilc)

UK/EU

Pfizer cuts vaccine deliveries by as much as half to some EU countries Reuters (resilc)

England’s lockdown fails to suppress rise in Covid transmissions Financial Times. See BMJ: Covid-19: Infections remain high in England with no evidence of decline since lockdown. May point to higher infectiousness of new strain largely offsetting lockdowns. All of the contagion reduction strategies will need to be reworked in a big way in light of the greater contagiousness of Super Covid, but (and maybe I’ve missed it), I’ve seen squat as to what changes are warranted. I’ve bought a big inventory of n95s and even a metalworking mask with filters, but I have no idea what to do beyond that.

Finance/Economy

Biden Seeks Immediate Help for Millions as Big Stimulus at Risk Bloomberg

Here’s An Idea: Put People To Work & Print Money To Pay Them Heisenberger Report (resilc)

The End of the 40-Year War on Government New Republic. With all due respect, what are they smoking? Biden promised nothing fundamental will change. He’s a deficit hawk so anything for the poors will be super means tested. I could go on…

China?

Crackdown on Jack Ma’s empire gathers pace despite reappearance Financial Times

BlackRock’s China challenge a red flag for Biden Asia Times (Kevin W). I can’t get worked up about BlackRock losing its #1 spot in Chinese ETFs to a Chinese fund manager because you’d expect Chinese nationals to dominate trading. But yes, Trump accelerated what was an inevitable process.

Feed fight: African consumers hit as Asia gobbles up rice supplies Reuters (resilc). :-(

Fire at India plant of world’s biggest vaccine maker Al Jazeera

Brexit

New Cold War

U.S. Cut Russia Consulate Phones Before Donald Trump’s Last Day, Moscow Claims Newsweek. How classy.

Imperial Collapse Watch

The militarization of American democracy The Hill (Kevin C). On the one hand, expresses well-warranted concern. But on the other, where were these people when (for instance) 1. The Obama Administration coordinated a 17 city militarized crackdown on Occupy Wall Street, which was not threatening any democratic processes, and was at best a continuing poke in the eye to Big Finance, which was abrogating the long-standing tradition of local control of policing; 2. The NYPD put itself above democratic accountability by having most police attendees turn their back on Mayor de Blasio at a police funeral, because de Blasio had made tame criticisms of the police after one of their bad murders by cop (so many I can’t recall which) and 3. Team Dem happily and eagerly using the intel state to try to overturn the Constitutional change of power, as in take the position that third world style, the military has to sign off on who becomes the President?

The making of US empire at the dawning of its end Pepe Escobar, Asia Times

Trump Transition

McConnell plans to ask for impeachment trial delay to allow Trump’s legal team time to prepare a defense. New York Times. UserFriendly: “I don’t know why Mitch is helping Team D here.”

Trump’s Patriot Party: prior trademarks could be “significant hurdle” to new political venture World Trademark Review (resilc)

You Counter Trumpism By Ending The Conditions Which Created It, Not With Authoritarian Policies Caitlin Johnstone (furzy)

Trump as Othello in a Corporate Theater Glen Ford, Black Agenda Report (resilc)

Trumpism is here to stay UnHerd (UserFriendly)

What’s Happening to QAnon Now That Trump Is Out of Chances to Arrest the Satanic Elites Slate (resilc)

The Lincoln Project co-founder says post-Trump he’s going after Cruz The Hill

Capitol Seizure

“We feel incredibly betrayed’: Thousands of Guardsmen forced to vacate Capitol Politico

Coup, Coup, Kachoo CounterPunch (resilc)

We Can’t Stop Fighting for Our Democracy Ilhan Ohmar, Atlantic (furzy)

Biden

“There Is Truth And There Are Lies” David Sirota (Chuck L). Speaking thereof:

‘Did Antifa blow through there?’ TIME cover depicts Biden’s first day in Oval Office ransacked by Trump RT (Kevin W). You need to click through and have a look if you haven’t seen it already.

After Biden, Let Her Run Heisenberg Report. Resilc: “Biden has 3-6 mo to fix vax rollout or he’s dead meat.” Moi: Not sure he has even that much runway, with the Super Covid strains expected to create a contagion blowout by mid-March. That will force even more stringent lockdowns. But if you don’t restrict interstate travel, which only the Feds can do, it’s not clear that even that would be adequate. What happens if/when we have even more essential workers sick than last year, with resulting breakdowns in food supply, and many hospitals so overwhelmed that they won’t be able to handle ER arrivals from people suffering stokes and heart attacks, or smashed up in car crashes? As we said in our post on the incoming CDC chief, the Biden administration is acting like it is fighting yesterday’s war, and that getting enough people vaccinated will dampen down the Super Covid wave to a manageable level. I wouldn’t bet on that, particularly with vaccinations prioritizing old people who are already not getting out much, while the new strains are much harder on young people.

Adios AUMF? Democrats press Biden for help in revoking old war powers Politico (resilc)

The outlook for America looks grim, but that could quickly change Economist

Former Cordray aide selected for interim CFPB post American Banker

Another Sanders meme (see Lambert in Water Cooler yesterday). This from Kevin C, who has quite the connected e-mail list (your truly is definitely on the slumming end of his recipients):

Links 1/22/2021

And: Bernie Sanders’ inauguration mittens: The funniest versions of the meme CNET

The Meaning of the Mittens: Five Possibilities Intercept. My addition: insecurity, both of the elites in their position (which as this piece stresses, they work SO HARD to protect/project) and ordinary people. Mittens are for children. But they are super warm, underscoring security needs. And Bernie’s looked like they might be indestructible. The fact that this mittens fixation has gone on so long say there is a serious disturbance in the force.

National Economic Council Director Brian Deese Remarks at U.S. Conference of Mayors Winter Meeting C-SPAN (Kevin C)

Our Famously Free Press

Whose fault is that? Establishment cyber-police drive Parler off the internet, act surprised when it works with THE RUSSIANS RT Kevin W: “Key tweet – ‘Raise your hand if you understand the very significant impact this has on the ability to surveil and target insurrectionists who organize on Parler.'”

Amazon can keep Parler offline, judge rules Seattle Times (furzy). Not a surprise.

Google threatens to withdraw search engine from Australia BBC (David L). Wowsers. Would be great to demonstrate life does not depend on Google. So far both the PM and MPs are suitably pissed. May be one of the rare cases where Scotty from Marketing’s pig-headedness is a plus. Operationally the scheme may very well be a mess but they should put Google out of the Google News business.

Australia’s proposed media code could break the world wide web, says the man who invented it Guardian (Darin M)

Aviation Lawsuit Filed Against Boeing Regarding Hard Landing Napoli Shkolnik

Baupost’s Seth Klarman compares investors to ‘frogs in boiling water’ Financial Times

Eggs, basket: The hidden and not-so-hidden risks for companies that invest in bitcoin Francine McKenna

Class Warfare

Do College Degrees Mean More Wealth? St. Louis Fed (UserFriendly). The rentiers, as in the higher educational industrial complex, are extracting more of the income gains. You see the same pattern in M&A (even when there really are synergies between seller and buyer, in the overwhelming majority of cases, the seller extracts those gains in the sales price) and PE (PE firms extract their higher gross returns in overt and hidden fees and costs, leaving investors with public-stock-level returns).

22 Farm, Ranch, Manufacturer and Labor Groups Support American Blueberry Growers’ Trade Relief Request I eat a lot of blueberries. Now I will have to check to see if they are domestic or at worst Canadian.

Antidote du jour. Tracie H:

This beautiful fellow is Mike. He resides with the folks who run the Trona Airport (Trona, California) and greeted us with abundant warmth when we visited.

Links 1/22/2021

And a bonus video:

See Yesterday’s Links and Antidote du Jour here.

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