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      Week-end Wrap – Political Economy – August 25, 2019 by Tony Wikrent Economics Action Group, North Carolina Democratic Party Progressive Caucus Strategic Political Economy Give No Heed to the Walking Dead [The Scholar’s Stage, via Naked Capitalism 8-18-19] The People’s Republic of China is wealthier than any rival America has faced. Its leaders are convinced […]
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Snowpacalypse!!

Screen Shot 2016-01-23 at 11.20.31 AM

We’re in the pink! Winter storm but not a blizzard

 

Woot! Woot! Woot!

It’s not actually that bad here in Pittsburgh. The snow is still falling but we didn’t get a white out, the cows ain’t freezin’ in the fields and the children aren’t stuck in the schoolhouse overnight.

But I’m not going anywhere today. I have Netflix and iTunes and Amazon Prime. You know, the three ingredients necessary for subsistence during a weather emergency. Also some fig and olive crackers from TJ’s along with a creamy feta cheese spread.

Maybe we should get together later and discuss Iowa and what’s really going on and why the Democrats are so hung up on the idea that perfectly reasonable people, who are also Democrats who are not Republicans, are still racists or something like that. There’s some obsessive thinking going on there.

I keep toying with the idea of a podcast and have a name for it all picked out. Anyone want to chime in about that?

In the meantime, check out this video by John “Cedars” Lloyd, on his critique of the Jehovah’s Witnesses latest broadcasting video. An apology in advance to my relatives who still believe this stuff. I just don’t know how they can watch this without a drinking game. Too funny. By the way, you don’t have to sit through the whole video. Just the first 4 minutes should be enough.

Take it away, John.

 

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Lazy Saturday News and Views: Snowpocalypse!

A Washington DC neighborhood yesterday


Good morning Conflucians!!!!

It’s a repeat of last weekend–only worse–for those in the Mid-Atlantic states and stretching west all the way to Ohio and Indiana. Coastal areas are experiencing blizzard conditions and record snowfalls in Washington, DC, Maryland, and Virginia and all the way up to New Jersey and New York. Let us know how things are going where you are. I hope everyone is safe and warm and doesn’t lose power. Stay inside until this think winds down. I speak from experience. There’s no use fighting it, just surrender and enjoy being snowbound for a little while.

From Weather.com:

A punishing winter storm will continue to blast an area from the eastern Ohio Valley to the Mid-Atlantic coast today.

The focus for the heaviest snow today will continue to be near and along the Mid-Atlantic coast. Heavy snow will stretch from eastern Pennsylvania to southern New Jersey through the Delmarva Peninsula into the early afternoon hours.

An additional six to as much as twelve inches of snow will fall today bringing snow totals in this region up to the eighteen to twenty-four inch range with locally higher amounts possible.

Washington Post: Snowstorm’s intensity has D.C. region hunkering down

The full weight of winter brought life in much of the Washington region to a standstill Saturday as a storm predicted to be one of the most powerful on record dumped 12 to 21 inches of snow overnight.

New York Times: East Coast Is Hit by ‘Potentially Epic Snowstorm’

WASHINGTON — One of the largest winter storms the Mid-Atlantic region has seen in decades swept into Washington and Baltimore on Friday, grounding flights, closing schools and government offices, and sending residents racing to stock up on groceries and rock salt before the snow accumulated to what are expected to be record-setting depths….

Jane Lubchenco, administrator of the National Oceanic and Atmospheric Administration, parent agency of the weather service, called the blizzard “a potentially epic snowstorm” that could rival the 28 inches of snow that a January 1922 storm dropped on the capital.

“The National Weather Service has been very clear that this is a storm to take very seriously,” she said. The halls of the Capitol building were quiet, and the federal government sent many workers home four hours early on Friday. Dr. Lubchenco said she was making contingency plans for all government offices in and near the capital to be closed through Tuesday.

“If it is as much and as heavy as they are forecasting, it may be a number of days before people are actually moving around again,” she said. “This is a serious storm.”

Here are some gorgeous snowstorm pics donated by our own Indigogrrl:

A Mama Cardinal

Two Downey Woodpeckers

Just breathtaking! And here is a picture contributed by Riverdaughter:

RD's neighborhood in anticipation of blizzard conditions

We’d love to hear more reports from Conflucians in the hard-hit areas. I’ll be glad to post more photos too. Be careful out there!


THE ECONOMY

Nobel Prize economist Joseph Stiglitz has an article in the Guardian this morning: Obama’s muddled solutions. Stiglitz argues that the message of Scott Brown’s victory in Massachusetts is not for Democrats to move even further right. Instead he says that voters are sending the same message they sent to Bill Clinton and that he was smart enough to act on: “It’s the economy, stupid!” and “Jobs, jobs, jobs”

The US economy is in a mess, even if growth has resumed, and bankers are once again receiving huge bonuses. More than one out of six Americans who would like a full-time job cannot get one; and 40% of the unemployed have been out of a job for more than six months.

As Europe learned long ago, hardship increases with the length of unemployment, as job skills and prospects deteriorate and savings gets wiped out. The 2.5-3.5m foreclosures expected this year will exceed those of 2009, and the year began with what is expected to be the first of many large commercial real-estate bankruptcies. Even the Congressional budget office is predicting that it will be the middle of the decade before unemployment returns to more normal levels, as America experiences its own version of “Japanese malaise”.

Just as Dakinikat predicted way back at the beginning of the financial crisis.

Stiglitz also has a new book outFreefall: America, Free Markets, and the Sinking of the World Economy. More from the Guardian piece:

Continue reading

Friday Morning News and Views

Good morning Conflucians!!! TGIF!

When I first wrote that I really thought it was a good morning. I just spent around 2-1/2 hours writing a long morning news post, and when I tried to save it, I discovered that WordPress had logged me out. Therefore, my entire post was wiped out. I’ll try to recreate some of it, but here are some non-political stories to get you started. Too bad I got so involved in writing that I didn’t save till the end…

We were back in the deep freeze this morning in New England–12 degrees where I live, but we aren’t facing what the Twitter folks are calling “snowmageddon” and “snowpocalypse.”

the main event with this storm will be heavy snow in the Mid-Atlantic States. Snow will begin in the Washington area this afternoon and spread northward towards Philadelphia by evening.

Heavy snow will continue into Saturday before winding down by evening. Travel may grind to a halt for a time, especially overnight and Saturday.

By the time the storm ends, many areas in northern Virginia, Maryland, Delaware, and southern Pennsylvania will have over a foot of snow. Some places may end up nearly two feet of snow from this storm.

As the low pushes off the coast, it will strengthen quickly and produce very strong winds, especially along the Mid-Atlantic coast. Gusts between 45 and 50 mph are possible from southern New Jersey to the Norfolk area Friday night and Saturday morning.

Blizzard warnings are in effect for southeastern areas of New Jersey as well as much of Delaware.

It is also worth mentioning that this storm will spread snow as far west as the Ohio Valley.

Amazingly, the storm is expected to blow out to sea before it can get up here to New England. It’s our second weekend of nice weather while those south and west of us suffer. I feel for the people in the areas that will be hard-hit, but I’m sure glad I won’t have to shovel snow this weekend (fingers crossed, because you never know with the weather).

Police Arrest Drive-by Ass Grabber (with video!)

RIDGELAND, Miss. — A Madison man was arrested by Ridgeland police and is accused of driving up and grabbing a woman’s butt, police said.

Christopher Johnson, 26, was arrested Friday and is charged with disorderly conduct, Ridgeland police said.

He is accused of grabbing Debbie Thweatt’s butt as she was walking out of Walmart in Ridgeland Tuesday, police said.

The guy grabbed another woman’s ass before he was arrested!

Beware lottery winners: Friend of slain lottery winner arrested on accessory charges

A Florida woman has been arrested in connection with the death of a lottery millionaire, whose body was found buried under recently added concrete at a home, authorities said.

Dorice Donegan Moore, 37, was arrested Tuesday evening on charges of accessory after the fact regarding a first-degree murder in the death of Abraham Shakespeare, 43, said Hillsborough County Sheriff David Gee.

Moore befriended Shakespeare after he won a $31 million Florida lottery prize in 2006 and was named a person of interest in the case after Shakespeare went missing, authorities said.

******************************************************************************

Can I just say again that I love Al Franken?


Al Franken lays into David Axelrod over health care bill

Sen. Al Franken ripped into White House senior adviser David Axelrod this week during a tense, closed-door session with Senate Democrats.

Five sources who were in the room tell POLITICO that Franken criticized Axelrod for the administration’s failure to provide clarity or direction on health care and the other big bills it wants Congress to enact.

The sources said Franken was the most outspoken senator in the meeting, which followed President Barack Obama’s question-and-answer session with Senate Democrats at the Newseum on Wednesday. But they also said the Minnesotan wasn’t the only angry Democrat in the room.

“There was a lot of frustration in there,” said a Democratic senator who declined to be identified.

“People were hot,” another Democratic senator said.

But apparently Franken was the only one with real guts.

And then there’s this: Sen. Al Franken Rips NBC, Comcast Execs Over $30 Billion Merger

and this: Franken telling weak-kneed NARAL to beware of the current SCOTUS, especially Chief Justice Roberts.

What redeems my faith in the system is the fact that every so often, a politician comes along who actually exceeds my expectations, who comports themself the way we expect a politician to — without fear of losing, with more of a focus on the people they represent than the next election. The late, great Sen. Paul Wellstone, DFL-Minn., was one of those politicians. He ran a spirited campaign and talked a good show, but once elected he backed up his words with actions. He walked the talk.

And now, the man who holds his seat in the Senate is doing the same thing.

On Tuesday, Sen. Al Franken, DFL-Minn., served as the keynote speaker for the NARAL Pro-Choice America Roe v. Wade anniversary luncheon. And his remarks to the group were outstanding. Franken gave a full-throated, unapologetic defense of the right of women to choose their own reproductive destinies — and did so with both humor and grace.

I like this piece on Franken by Allison Kilkenney at True/Slant

Kilkenny is very good. She had a great snarky post yesterday too: Another columnist asks administration for blanky, cup of cocoa. It’s about “Terrorism Derangement Syndrome.”

Another loudmouthed politician whom I don’t like or trust as much as I used to, Barney Frank, made a very good speech recently about how the Right Wing Noise Machine works.

I have to agree with Frank that John Fund is a slimy, scurrilous liar and he deserves to be shunned.

Dennis Kucinich (another member of the House whom I don’t trust as much as I used to) has a post at Truthdig on health care reform after Massachusetts.

The verdict in Massachusetts was a verdict on the overall economy. But it was also a commentary on how the entire health care debate was flipped upside down by insurance interests who were able to intervene so that the final product that was offered out of the Senate was nothing more than a sell-out to the insurance industry.

We can still have health care reform in America. We need to take a short-term and a longer-term view. On the short-term: We need to take away the antitrust exemption that insurance companies have. We need to make sure, on the short-term, that we can see everyone with a pre-existing condition have access to insurance. There are things that we can do with single-initiatives to help regain the momentum on health care.

And for the longer-term: The answer is “Medicare for All.” The answer was never to continue to give the insurance companies one out of every three dollars in our health care system.

If only someone would listen to him!

Please check out this autobiographical piece on living under DADT by Retired Navy Capt. Joan E. Darrah.

OK, that’s about all I can remember of my lost post. I know I had more links, but I can’t remember them all. I’ll leave it to you Conflucians to post your stories in the comments. I love you guys!

HAVE A FABULOUS FRIDAY!!!!!!!!