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Open thread August 6, 2021

Dan Crawford | August 6, 2021 7:05 am

Tags: open thread Comments (27) | Digg Facebook Twitter |
27 Comments
  • EMichael says:
    August 6, 2021 at 9:24 am

     

     

    am now actually rooting that McConnell kills the bipartisan infrastructure bill. It really has been a waste of time and its effect will be minimal. If he kills it, the chances all 50 Dem Senators vote for the reconciliation bill move to almost certain.

    Then we can watch McConnell try to shut down the government.

    ” The Congressional Budget Office has released its score of the bipartisan infrastructure bill:

    ‘ Enacting Senate Amendment 2137…would decrease direct spending by $110 billion, increase revenues by $50 billion, and increase discretionary spending by $415 billion. On net, the legislation would add $256 billion to projected deficits over that period.’

    Conservatives are shocked that it turns out the bill won’t pay for itself. Meh. I say the big news is that this so-called “$1.2 trillion bill” increases discretionary spending¹ by only $305 billion. Over ten years. That represents about a 1.5% increase in federal discretionary spending.²

    And we spent six months haggling over this? Seriously? It’s literally peanuts.”

    https://jabberwocking.com/

  • dave Barnes says:
    August 6, 2021 at 10:24 am

    Today is Hiroshima Peace Memorial Ceremony day.

    • rjs says:
      August 6, 2021 at 10:03 pm

      happy hiroshima day!

      vive memor leti

      • Fred C. Dobbs says:
        August 7, 2021 at 1:07 am

        My dad celebrated his 32nd birthday

        in the Philippines on August 6, 1945.

        He was slated to be part of the forces

        that would invade Japan. Instead, he

        got to come home. My birthday was

        eighteen months later.

  • Michael Smith says:
    August 6, 2021 at 11:21 am

    Run sent me this article he penned about five years ago that is now coming around again. This time with less fanfare from the media because there is no right wing nut shooting guns on federal land…yet.

    Article found here: https://angrybearblog.com/2016/03/why-the-refuge-protestors-may-have-been-right

    This seemingly cyclical issue coming about yet again now is involving ranchers culling herds as the packers consolidate, vertically integrate, and continue to drive out by way of price fixing the average American Rancher. 

    This is nothing new. Successful Farming magazine editorials from the 1980s showed how Sanderson Farms, a meat packing company, vertically integrated both legally and illegally (co-ops and mums the word) the swine market. They showed that the regional pig farmers were being picked off to end the era with less than 40 farms producing pork. This was at the same time that the packing companies ran the “Other White Meat” campaign to maximize profit as the red meat industry was being demonized by all the “fat” that the sugar industry had provided as the cause of why Americans were obese. It’s the meat you idiot!

    Yet again, we see this demonization of the meat industry while the corporations only grow. The ranchers are either submitting or powering through with not many other options, because fierce advocates like Brandi Buzzard over at the Red Angus org are not getting any type of public support. Actually Brandi went after AOC for the cow farts gab for better or worse, and hasn’t seen much traction since. Her piece on Branson is interesting. Her blog, should you so want is http://www.buzzardsbeat.com.

    So back to the point I think Run was attempting to make, when forced into a corner its a fight or flight response. You can go full Cliven Bundy, or you can quietly walk into the ocean. There are no unions to go on strike, there are very few senators speaking your praise, and a hostile public. The machine is winning, and the ranchers powering on are joining us in the farmers markets to try and make a living. Its a rough road to travel, friends. But we all know from history that corporate profiteering is temporary. 

    • run75441 says:
      August 7, 2021 at 10:25 am

      Michael:

      Just keep growing the sweet corn as few are listening. The cow-fart post will be up today (probably). I gotta walk down to the farmer’s market and buy some fresh veggies for the week.

      • Michael Smith says:
        August 7, 2021 at 12:39 pm

        Haha good deal. I shot ya an email Thursday. Not sure if it went to spam. Let me know if I need to resend. Cow farts and politics is blown away by the new tech. 😳

        • run75441 says:
          August 7, 2021 at 1:00 pm

          Michael:

          Not seeing anything in the inbox. Not unusual

          • Michael Smith says:
            August 7, 2021 at 1:57 pm

            Shot it over in a Word doc this time. Stupid Google.

          • run75441 says:
            August 7, 2021 at 2:41 pm

            sent you an email. nothing in my email box from you.

          • Michael Smith says:
            August 9, 2021 at 5:35 pm

            Run,

            Sent to Dan, he’s got it. AOL for the win…never thought I would ever say that again in my lifetime. Lol.

          • Dan Crawford says:
            August 9, 2021 at 7:28 pm

            Michael,
            The post is in draft form on AB. My aol e-mail is my private, only for special people account.

          • run75441 says:
            August 9, 2021 at 9:18 pm

            MS:

            You did not tell him about the money, did you?

  • Fred C. Dobbs says:
    August 6, 2021 at 6:38 pm

    US economy added 943,000 jobs in July.

    The American economy roared into midsummer with a strong gain in hiring, but there are questions about its ability to maintain that momentum as the Delta variant of the coronavirus causes growing concern.

    Employers added 943,000 jobs in July, the Labor Department reported Friday, but the data was collected in the first half of the month, before variant-related cases exploded in many parts of the country.

    While the economy and job growth overall have been strong in recent months, experts fear that the variant’s spread could undermine those gains if new restrictions become necessary. Already, some events have been canceled, and many companies have pulled back from plans for employees to return to the office in September.  … 

    The unemployment rate fell to 5.4 percent, compared with 5.9 percent in June. Before the report, the consensus of economists polled by Bloomberg forecast a gain of 858,000 jobs, with the unemployment rate dipping to 5.7 percent. … 

    The education arena, often a laggard in July as schools close and teachers go off the payroll, was a leader last month. Instead of letting teachers go as they have in the past, schools kept more workers on the payroll, creating a larger seasonal adjustment upward in the number of teaching jobs.

    Local government added 221,000 education jobs, after a jump in June, and 40,000 jobs were added in private education. Leisure and hospitality businesses, which were hit hard by lockdowns last year, recovered further, adding 380,000 jobs. That included 253,000 in food and drinking establishments, along with hiring gains in lodging and in arts, entertainment and recreation.

    Manufacturing and construction showed more modest increases, hampered by higher goods prices and a shortage of components like semiconductors. Employment in professional and business services jumped by 60,000, a sign that the white-collar sector is on the upswing.

    What’s more, upward revisions for May and June rounded out the positive picture, with the Bureau of Labor Statistics lifting the gain for May by 31,000 and the increase in June by 88,000. … 

     

  • Justin Cidertrades says:
    August 6, 2021 at 8:34 pm

    Inflacession!

     

    everyone is talking about inflacession but what is it?  It is a combination of recession and simultaneous inflation.   how does it start?  Many ways but here’s one easy to remember way that you can hang your hat on :

     

    an automobile company has a steady output of cars but doesn’t want to speed up or slow down the assembly line, so it gets contracts with many dealerships around the country to buy certain number of cars every month from the factory.  then one of the dealers reads in the paper that the FED chief predicts more inflation

     

    the dealer tells his wife that he hopes nobody will buy the cars from his lot until the prices go up but his wife said, “that’s stupid, don’t just hope but make sure they don’t buy cars by raising the price now. the dealer then raises the price on all these cars so that no one can afford to buy the cars.   because his inventory increases and the inventories of other dealers increase by the same economic narrative, the factory owner sees inventories increasing thus decides to fire one shift at the factory. the workers who get fired stop buying cars and other things.   per capita GDP declines unemployment increases there you have inflacession.

  • EMichael says:
    August 7, 2021 at 11:03 am

    Obviously someone who knows nothing at all about car dealerships.

    • Eric377 says:
      August 7, 2021 at 8:55 pm

      Unusual, but I am in 100% agreement with EMichael on something.

      • Fred C. Dobbs says:
        August 8, 2021 at 8:00 am

        Presumably, if the dealership down the street

        jacks up prices to stop car sales, the dealership

        on the next block over will do the exact opposite.

  • Fred C. Dobbs says:
    August 7, 2021 at 5:26 pm

    Is this the possibly the final procedural vote in the Senate before the real vote on the Infrastructure bill?

    Senate votes to advance Biden’s $1 trillion infrastructure bill

    WASHINGTON (AP) — The Senate moved closer to passing a $1 trillion infrastructure package Saturday after lawmakers from both parties came together and voted to clear a key procedural hurdle, but the action soon stalled out as opponents tried to slow the rush to approve one of President Joe Biden’s top priorities.

    The measure would provide a massive injection of federal money for a range of public works programs, from roads and bridges to broadband internet access, drinking water and more. In a rare stroke of bipartisanship, Republicans joined the Democrats to overcome the 60-vote threshold needed to advance the measure toward final votes. The vote was 67-27, a robust tally. If approved, the bill would go to the House. … 

    • Fred C. Dobbs says:
      August 9, 2021 at 3:12 pm

      Senate sets up final passage of the $1 trillion infrastructure deal

      The Senate is expected on Monday to trudge toward final passage of a bipartisan $1 trillion infrastructure package, after clearing the last significant procedural hurdles for the legislation over the weekend.

      The legislation is widely expected to pass, after nearly 70 senators voted to advance it late Sunday night. It is the product of weeks of intense negotiations, largely led by White House officials and a core group of 10 Republican and Democratic senators.

      Absent unanimous agreement to expedite the process, the bill may not pass until around 3 a.m. Tuesday because Senate rules require 30 hours of debate. Senator Bill Hagerty, Republican of Tennessee, was the lone holdout, refusing to agree over the weekend to accelerate the bill, largely to register a complaint about how it is paid for.

      After spending a relatively rare weekend in Washington plodding through the legislative process, senators remained hopeful that on Monday, in addition to securing agreement on an earlier vote time, they would be able to vote on additional changes to the legislation.

      Rank-and-file lawmakers spent hours haggling over a pair of dueling amendments that would adjust who would be subject to increased tax scrutiny on cryptocurrency, among other outstanding proposals. But it was unclear whether senators would agree to the additional votes.

      As soon as the bipartisan bill clears the Senate, Democratic leaders plan to turn attention to their $3.5 trillion budget plan, which would unlock a second expansive legislative package that includes health care, child care and education provisions. Liberal Democrats in the House have said they will not support the bipartisan bill without passage of that far larger package. …

  • Fred C. Dobbs says:
    August 8, 2021 at 7:33 am

    A predictable response from the US

    to the inevitable course of events

    in Afghanistan.

    US B-52 bombers and gunships sent into action in Afghanistan in attempt to stop Taliban advance on key cities

    The Taliban seize Kunduz, a key city in northern Afghanistan

    KABUL, Afghanistan — The Taliban seized the city of Kunduz in northern Afghanistan on Sunday, officials said. It is the first major city to be overtaken by the insurgents since they began their sweeping military offensive in May.

    It was the third provincial capital to be overtaken by Taliban in three days, and the series of victories in cities marks a significant change in the insurgents’ offensive as international troops, led by the United States, began withdrawing from Afghanistan. … 

     

     

    • Fred C. Dobbs says:
      August 8, 2021 at 5:45 pm

      If for no other reason, the use of the

      USAF arsenal is to facilitate US and

      allied troop withdrawals, presumably.

  • Fred C. Dobbs says:
    August 8, 2021 at 7:45 am

    The Tokyo Olympics have concluded.

    The important final results:

    gold medals:  US – 39; China – 38

    silver medals: US – 41; China 32

    bronze medals: US- 33; China – 18

    • Fred C. Dobbs says:
      August 8, 2021 at 7:47 am

      Final Medal Count

       

      • Fred C. Dobbs says:
        August 8, 2021 at 8:05 am

        US edged China for the most gold medals

        The United States has won the most medals at the Tokyo Olympics and will be the only country to take home more than 100. But on the last day of competition, the race for the most gold medals was a tight contest between the United States and China.

        That race is particularly important to China, which has tried to harness its youth for Olympic glory ever since rejoining the summer Olympic movement in 1984.

        With only a few events left, the United States clinched the race on Sunday afternoon by reaching 39 golds.

        As the day began in Tokyo, China had 38 gold medals to 36 for the United States. But American teams then won gold medals in women’s basketball and women’s volleyball, and Jennifer Valente won the women’s omnium in track cycling, putting the United States into the lead by one. …

  • coberly says:
    August 8, 2021 at 9:59 am

    Lessons from Oregon’s July COVID-19 breakthrough report
    By Erin Ross (OPB)

    One caveat: it is no longer the best way to protect others. Although getting vaccinated makes you much less likely to catch COVID-19, research shows that vaccinated people who catch the delta variant can be very infectious.

    “We urge all people in Oregon to be vaccinated,” Sutton said.

    But she also urged people, “to protect those who cannot, such as children under 12, by masking indoors, distancing, and avoiding large gatherings.”

    She suggested that some counties are weary of more mandates and that other ways to reduce risk include working with businesses, communities, and healthcare systems.

     This weekend, the Les Schwab outdoor amphitheater, also in Deschutes, is reopening for concerts. The first one is this Sunday. On the venue’s safety page, it says they follow current state guidelines, and “since Oregon hit the 70% adult vaccination threshold, we will not be requiring any of the following: Face masks, proof of vaccination, social distancing, a negative COVID test.” So what are the lessons?

  • coberly says:
    August 8, 2021 at 12:58 pm

    none, apparently.

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