Open thread August 23, 2022 Dan Crawford | August 23, 2022 7:30 am Hot Topics Comments (26) | Digg Facebook Twitter |
If Barre Seid gives $1.6 billion to right wing causes, will there be any pushback from the other side? Perhaps now is the time for MacKenzie Scott to get in the water? Michael Bloomberg? Warren Buffet?
We need to adopt severe restrictions on how much any individual or business can donate to a political campaign. Restrictions that are severe enough to prohibit any ability to purchase a candidate’s loyalty. Restrictions that prohibit the amount raised from large donors cannot be more than the amount raised from small donors. All donors must be public. Right now we have legalized outright bribery, courtesy of a corrupt ‘Supreme Six,’ libertarian politicians masquerading as SCOTUS justices. The SCOTUS is, by definition, corrupt because they have legalized secret donations of unrestrained size. This is the definition of a bribe. This used to be illegal.
Yes, it is an insane amount of money but what effect will it have on voters? If they are not Magats at this point no amount of advertising will make them one.
It’s more than voter outreach. It’s a huge right wing infrastructure package. Conservatives are now focusing on down ballot races, including local school board races. That kind of money will have a huge impact for a generation.
The other side can either pay up and meet the challenge or fall behind. Soros, Wyss, Steyer have been stalwarts but this is a new game changer.
Agreed on the state and local level. However, there still have to be the votes, though it is beyond sad exactly how ignorant SC Judge Kennedy and the others were. Geez, it’s almost as if they were lying.
Biden to Announce Decision on Student Debt, Affecting Millions of Borrowers
NY Times – Aug 26
Biden nears decision … as allies feud
Wasington Post via Boston Globe – Aug 24
Furman added in an interview: “This is redistribution, and there’s nothing wrong with redistribution — if it was from the middle to the bottom. Much of this is redistribution from the middle to the upper-middle.”
Biden to Cancel $10,000 in Student Loan Debt; Low-Income Students Are Eligible for More
NY Times -Aug 24
Clearly, the way the media (or is it just the NYT?) is presenting this
is It’s not just $10k of debt relief, it’s $20k of debt relief!
The only people who I know who might benefit from this my nephew and his family who took out a substantial loan to pay for graduate school required to get a teaching certificate (required to become a teacher) and did so at a fairly pricey private university. And he is certainly solid middle class, spending his entire prior educational life in public schools, now teaching in same.
Biden’s student loan debt plan injects more uncertainty into midterm elections
Boston Globe – August 24
President Biden said Wednesday that he will cancel up to $10,000 in federal student loan debt for tens of millions of borrowers and an additional $10,000 for people who had the greatest need for college financial aid, fulfilling a controversial campaign promise that some Democrats hope will boost them with young voters ahead of the congressional midterm elections. …
“All this means that people can start to finally crawl out from under that mountain of debt and get on top of their rent, their utilities, to finally think about buying a home or starting a family or starting a business,” Biden said of the initiatives. “And by the way, when this happens, the whole economy is better off.”
Biden said the plan targets low- and middle-income borrowers, with nearly 90 percent of the student loan relief going to people earning less than $75,000 a year. About 20 million borrowers will have their entire student debt canceled. Private student loans aren’t eligible for cancelation. …
Biden’s decision falls short of the $50,000 in forgiveness per student that progressives have called for, making its galvanizing effects on liberal voters less certain. …
(And the ‘private school loan’ exclusion may mean my nephew gets nothing from this arrangement at all.
BTW, the $20k figure is not even mentioned.)
When one takes from Peter to pay Paul, then the gratitude bestowed to one by Paul will always be a mere trifle compared to the angst bestowed to one by Peter.
“Robbing selected Peter to pay for collective Paul” is Rudyard Kipling’s adaptation of the phrase, used to criticize the concepts of income redistribution and collectivism. Kipling included the expression in his “Gods of the Copybook Headings”, and proposed that it should be featured in “catechisms” of the Conservative Campaign Headquarters. The lesson of the phrase in his version, and of the poem in general, was that “only out of the savings of the thrifty can be made the wage-fund to set other men on the way to be prosperous. (Wikipedia)
(Must have something to do with the ‘misguidedness’ of the well-to-do being required to pay off the debts of the not-so-well-off lower classes, I guess.)
The benefits programs that get the least kickback are those where everyone contributes based on their income and everyone benefits either based on their need (e.g., Medicare) or past contributions (earnings up to the cap) combined with the luck of the draw (longevity). Dunno exactly what shaped Kipling’s view of the political economy being both British and quite a ways back. He was no fool with regards to human nature, at least that of others. He was surely blinded by being raised in such privilege that his cultured sense of entitlement was inevitable regardless of the worldliness that was cultivated in him by his parents.
I bless my own parents for having been of modest (median income and little education) means. It nurtured self-reliance, rejection of mainstream materialist values, and independent thinking which in combination constitute the highest form of personal wealth.
Late in life, Rudyard Kipling ‘developed “strident, and increasingly repellent” political views, becoming a staunch Conservative and champion of white imperial federation, and an equally fervent enemy of Irish and Indian nationalism. He became, in the marvelously succinct judgment of George Orwell, “a jingo imperialist … morally insensitive and aesthetically disgusting.”
Rudyard Kipling became detestable late in life
Pace of Climate Change Sends Economists Back to Drawing Board
NY Times – Aug 28
Pace of Climate Change Sends Economists Back to Drawing Board
NY Times – August 28
Climate disasters are unfolding all over the planet. Here’s a look at some of them.
Boston Globe – August 25
Putin enlarging the Russian army, apparently NOT by drafting more citizens.
Putin expands his army by adding 137000 enlistees
NY Times – Aug 25
With his army struggling to make significant progress in Ukraine, President Vladimir V. Putin of Russia signed a decree on Thursday that increases the number of service members in the country’s armed forces by 137,000, starting next year.
The decree stipulates that the overall size of Russian armed forces will be raised to more than two million personnel, including more than 1.15 million service members. The rest are civilian workers. The decree also ordered the Russian government to allocate the money to pay for the increase.
… the Russian authorities have been luring recruits to join combat by offering them hefty cash incentives and other perquisites. At the end of May, Mr. Putin also signed a law that scrapped the age limit of 40 for contract soldiers.
Pavel Luzin, a Russian military analyst, said that he was skeptical about Russia’s ability to increase its armed forces without major changes.
He said that Mr. Putin’s decree would only increase the number of troops “on paper against the reality on the ground,” unless Russia is forced to increase the duration of compulsory service from one year to 18 months. …
why not nuclear power. (please note the government and private morality at work here. there is no reason to expect that to change.)
A Uranium Ghost Town in the Making
Mark Olalde and Maya Miller, ProPublica
Excerpt: “The ‘death map’ tells the story of decades of sickness in the small northwest New Mexico communities of Murray Acres and Broadview Acres.”
Exactly, in the near term at least. Private and government immorality might change if the entire world changed in unexpected ways. In science fiction that change is post-apocalyptic. The small group of survivors thank their lucky stars and learn to work together constructively rather than at cross purposes. Of course that follows a period of opportunistic barbarian strong men doing what they do. But it is not nuclear power that is the problem; it is human nature rather than physics that vexes mankind.
to be sure. spent the morning contemplaing use of force to get some people i know from stealing their grandmother’s money and forcing her into a home.
have to reject the use of force because… first, i don’t have the force to use, and second, i am not prepared to take on the responsibilities.
i copied a link to an article about the consequences of uranium mining on an AB open thread. two threads ago. no sign anyone read it. recent Ukraine events might suggest some other ways “safe” nuclear can suddenly become unsafe.
i don’t think we are ever going to see anything like enough change in human behavior to make us safe, but i do think we need to die trying.