Transatlantic Con Job

Right now, the Dow is down 700 or so on recession fears. Hopefully the president tweet-screaming stuff like this will calm the jitters:

“The Fed has got to do something! The Fed is the Central Bank of the United States, not the Central Bank of the World.” Mark Grant @Varneyco Correct! The Federal Reserve acted far too quickly, and now is very, very late. Too bad, so much to gain on the upside!

“So far, you’ve had Tariffs imposed on 300 Billion Dollars worth of Chinese products, but you can’t tell me that it has hurt our economy…& it really hasn’t led to any kind of serious rise in prices at the consumer level.” @Varneyco @FoxBusiness And we are taking in $Billions!

Tremendous amounts of money pouring into the United States. People want safety!

LOL! Meanwhile, the corrupt old shitbird commerce secretary had thoughts on tariffs earlier:

The question that elicited Ross’s droning response was whether Trump extracted any concessions from China in exchange for delaying the new tariffs he announced last week. The answer is no, he did not; Tariff Man blinked because even if he’s too stupid to realize it, his low-quality hires know tariffs on consumer goods raise prices for consumers, and a bad holiday season might finally derail the Obama economic recovery and, with it, Trump’s sole argument for reelection.

Speaking of lunatics and morons running economic policy, John Bolton met with Boris Johnson yesterday. Via the Beeb:

Mr Bolton said on Tuesday that the Trump administration supported a no-deal Brexit, and added Washington would propose an accelerated series of trade deals in the event of one…

He said there would be enthusiastic bipartisan support in Congress for speedy ratification at each stage.

Not so fast, said Nancy Pelosi today:

Democrat Nancy Pelosi, whose party controls the House, said the UK’s exit from the EU could not be allowed to endanger the Irish peace deal.

Her comments came after the US national security adviser said the UK would be “first in line” for a trade deal…

“Whatever form it takes, Brexit cannot be allowed to imperil the Good Friday Agreement, including the seamless border between the Irish Republic and Northern Ireland,” Ms Pelosi said in a statement on Wednesday.

Keep fucking that chlorinated chicken, Brexiteers. I’ll defer to UK jackals on the implications of Pelosi’s warning, but from what I’ve read, figuring out what to do about the Irish border is the stickiest of wickets. Sort of related:

Last week, John McDonnell, the Labour Party chief, said that if Johnson were to lose a no-confidence vote and still refuse to step down, he would reluctantly be forced to remind Her Majesty that she is, after all, the head of state. “I don’t want to drag the Queen into this, but I would be sending Jeremy Corbyn in a cab to Buckingham Palace to say we are taking over,” he told an audience at the Edinburgh Fringe Festival. Corbyn, the leader of the Labour Party, is a lifelong republican who declined to kneel before the Queen when he was appointed to her Privy Council. That he, of all people, might turn to the hereditary monarch to save Britain from its own government is yet another of the Brexit referendum’s hitherto unimaginable, and now entirely conceivable, consequences.

So, to recap, it appears that “conservative” idiots are attempting to ruin the economy on both sides of the Atlantic for no good reason, and their success in that endeavor is looking more likely by the day. I don’t know shit about economics, so maybe this is all nothing and everything will be fine. But looking at the personnel involved in the decision making doesn’t exactly inspire confidence.

Open thread.






270 replies
  1. 1
    Brachiator says:

    A little more context on Pelosi’s position. From an August 4 news story.

    Senator Tom Cotton and 44 US Senators have made clear they will support Britain over Ireland on a no-deal Brexit if it happens.

    Senator Tom Cotton (R-Arkansas), who blocked an Irish visa bill, has written a strong letter of support signed off on by 44 other Republican senators to new British Prime Minister Boris Johnson pledging to do all they can to help if a no-deal Brexit goes ahead.

    “If Britain leaves the EU with no deal, we will work with our administration, your government and our friends in the EU to minimize disruptions in critical matters such as international air travel, financial transactions, and the shipment of medicine, food and other vital supplies,” Cotton wrote.

    His pro British stance in the event of a no-deal Brexit will put him and the GOP senators in direct opposition with the Irish government supporters in the Congress. Speaker Nancy Pelosi and Ways and Means Chair Ritchie Neal have vowed to block a trade deal if there is a no-deal Brexit and an attempt to restore the border. Cotton does not even mention the Irish border issue.

    Cotton has adopted a hostile approach to Irish issues, refusing to meet with Irish leaders when they are in Washington and single-handedly blocking an E3 visa bill which would have given 5,000 visas a year to Ireland.

    The London Sunday Times notes that “The senate intervention is a boost for Johnson, who has faced warnings from Nancy Pelosi, the Democratic Speaker of the House of Representatives, that the lower house of Congress would block a trade deal if Britain left the EU in a way that left a hard border between Northern Ireland and the republic….”

    Eight Republican senators did not sign the letter: Majority Leader Mitch McConnell of Kentucky, Lamar Alexander of Tennessee, Roy Blunt of Missouri, Cory Gardner of Colorado, Jerry Moran of Kansas, Rand Paul of Kentucky, Mitt Romney of Utah, and Richard Shelby of Alabama.

    The Republicans don’t understand what they are stepping into.

    https://www.irishcentral.com/news/politics/45-gop-senators-pledge-to-support-british-over-irish-if-no-deal-brexit

    ReplyReply
  2. 2
    chopper says:

    trump knows it’s gonna be shit, he’s setting up the blame game ahead of time. he’ll keep attacking the fed, but the rest are gonna figure out a way to blame the democrats.

    ReplyReply
  3. 3
    Van Buren says:

    It’s eleventy dimension chess. They’re tanking the economy to reduce CO2 emissions and thus, save the world.

    ReplyReply
  4. 4
    SiubhanDuinne says:

    The Federal Reserve acted far too quickly, and now is very, very late.

    I’m sorry, what does this sentence even mean?

    ReplyReply
  5. 5
    Brachiator says:

    Another BREXIT complication. The Northern Ireland government has been suspended for months because of … complicated political shit that I am not remotely competent to adequately explain. Day to day operations are carried out by civil servants.

    But if any form of BREXIT is passed, legislation must also be passed to implement whatever happens in Northern Ireland. The Civil Service cannot do this. This means that either the local government must return or the British government must directly govern Northern Ireland. Guess how desirable either option might be.

    ETA. Also, too, the status of Gibraltar might become a post BREXIT issue. No one wants to talk about this one.

    ReplyReply
  6. 6
    The Moar You Know says:

    Boris is furiously denouncing his anti-Brexit fellow MEPs as “European collaborators”, which is a phrase that’s really just loaded to the gills with bad history.

    He also accidentally told the truth, saying that they all needed to get on board to give him some negotiating leverage with the EU as, for some reason, the EU isn’t willing to renegotiate the deal they gave Teresa May. And what Johnson needs to realize right now is that in spite of his awesomeness and sexy hair, no matter what he offers the EU is not going to change one word.

    They’re not getting that wonderful free trade deal with the US either, although frankly even if they did II cannot imagine what the British have to sell us that we’d want (save for Status carbon-fiber bass guitars, which are the shit).

    ReplyReply
  7. 7
    kindness says:

    We wish we could see Putin’s payoffs. That would explain a lot.

    ReplyReply
  8. 8
    chopper says:

    And we are taking in $Billions!

    yes, from american consumers. cause that’s what tariffs do.

    ReplyReply
  9. 9
    JustRuss says:

    I’m no economist, but:
    1. The housing market, at least where I live, is very hot. Unsustainably so.
    2. Sales of new cars have been declining for months.

    Make of that what you will, but toss a trade war into the mix and I don’t see it going well.

    ReplyReply
  10. 10
    lamh36 says:

    #NiecyZoe’s Time flies so fast! These four years have flown by so fast!! Best thing bout being home in NOLA is never having to miss anything!

    https://twitter.com/psddluva4evah/status/1161663283738419200?s=21

    ReplyReply
  11. 11
    Yutsano says:

    @Brachiator:

    The Republicans don’t understand what they are stepping into.

    This has been an evergreen statement since they let Drumpf hijack their _nomination process way back in 2015. And they have no plan once he’s gone one way or the other.

    ReplyReply
  12. 12
    Belafon says:

    Shorter McDonnell: We’re not adult enough to fix the problems we’ve caused, but don’t kick us out of government.

    ReplyReply
  13. 13
    jonas says:

    @Brachiator:

    Senator Tom Cotton and 44 US Senators have made clear they will support Britain over Ireland on a no-deal Brexit if it happens.

    So it’s fuck Ireland and the peace accord and let the chips fall where they may. What could go wrong? And Cotton is supposed to be the caucus’s foreign policy brains. From Richard Lugar to this in less than a decade. Well done, Republicans.

    ReplyReply
  14. 14
    chopper says:

    @SiubhanDuinne:

    he’s pissed that the fed raised rates, even though it’s paltry from a historical standpoint. low rates goose the economy cause free money.

    also, trump is deep in fucking debt, so he wants rates low.

    ReplyReply
  15. 15
    The Moar You Know says:

    I’m sorry, what does this sentence even mean?

    @SiubhanDuinne: Trump wants a return to Greenspan’s Fed policy, namely a return to 0% interest rates, and he wants that to happen today. It would stave off the slowdown that is occurring right now for a while longer. And would make it, when it inevitably happens, so much worse.

    I understand why. It got Bush his second term. It also led directly to the 2008 crash, but Trump doesn’t care about that – his event horizon goes to November 2020 and no further.

    ReplyReply
  16. 16
    Litlebritdifrnt says:

    What drives me bananas is that the BBC and other UK News Orgs take Bolton’s words at face value and never look into the back story of any trade deal having to be approved by Congress. They blithely report Bolton’s words without noting that both Bolton and his boss are pathological liars. Why do they do this? They do the same with Boris, they announce his promises for more funding for this or that and never report that he is, like Trump, a pathological liar.

    ReplyReply
  17. 17
    Brachiator says:

    “The Fed has got to do something! The Fed is the Central Bank of the United States, not the Central Bank of the World.” Mark Grant @Varneyco Correct! The Federal Reserve acted far too quickly, and now is very, very late. Too bad, so much to gain on the upside!

    Trump is trying to pressure the Fed into lowering interest rates. A consistent theme of his administration is to exert more executive authority over agencies which traditionally have been independent.

    Conservatives like to prattle about the almighty glory of limited government, but cower in fearful silence and say nothing about Trump’s imperious antics.

    ReplyReply
  18. 18
    Gravenstone says:

    You’d think I’d have gotten somewhat accustomed, if not inured to Trump’s random gibbering by now. That doesn’t seem to be the case. Maybe that’s good for my longer term mental health?

    ReplyReply
  19. 19
    Catherine D. says:

    I just finished watching the second series of Derry Girls, which ended with Bill Clinton’s visit to Belfast and Derry after the Good Friday agreement. It’s sickening to think that a hard border could go back.

    BTW, Derry Girls is hilarious.

    ReplyReply
  20. 20
    OzarkHillbilly says:

    @Brachiator: I guess the Irish aren’t quite as white as everyone thought they were.

    ReplyReply
  21. 21
    Uncle Cosmo says:

    @Belafon: Um, just what is it about “Labour” being “in opposition” – i.e., not being “part of the government” – that you have trouble comprehending? Did the strange spelling confoozle your widduw head?

    ReplyReply
  22. 22
    BC in Illinois says:

    @Brachiator:

    Direct rule would be imposed on Northern Ireland in the event of a no-deal Brexit, Britain’s Foreign Secretary Dominic Raab said on Monday.

    Irish Central July 30

    I know the Brexit mess only from a distance, but the one thing I picked up early on is that the Irish border question and the Irish Peace Accord were fundamental challenges that had to be dealt with. And now, with 75 days left to go, Boris Johnson and crew are saying, “Oh, we’ll come up with something. We’ll just take all power into our own hands.”

    As Fascinating Aida said to Scotland:

    We’re so sorry, Scotland
    We are covered in shame
    For the madness of Brexit
    We’re entirely to blame

    With a choice of two boxes
    We ticked “Self-destruct”
    Thus Britain is now
    Comprehensively . . .

    ReplyReply
  23. 23
    SiubhanDuinne says:

    @The Moar You Know:

    It’s just such a bizarre way to phrase it. “They moved too fast and now they’re late.” Sounds like a Yogi Berra-ism: “Nobody goes there any more. It’s too crowded.”

    ReplyReply
  24. 24
    Gin & Tonic says:

    Open thread? I’m pretty pissed off that the new version of Apocalypse Now will be playing in theaters for, as best I can tell, exactly two days: tomorrow and Sunday, both days that I have other commitments. And even still, it won’t be playing anywhere that’s less than an hour’s drive from me. It’s almost as if they don’t actually care about getting people out to see it.

    ReplyReply
  25. 25
    Spanky says:

    @Yutsano: Doesn’t matter. Both Donnie and Boris are following Vlad’s orders to fuck shit up and break things. I just can’t figure out whether Vlad’s got all Republican Senators by the balls, or whether they just will fuck shit up and break things because Cleek’s Law.

    ReplyReply
  26. 26
    Litlebritdifrnt says:

    @Brachiator: The status of Gibraltar is a huge issue for us personally. Mum owns property there and is very close to people in Gibraltar who have absolutely no interest in being Spanish. They are Brits and want to remain Brits. The last referendum they had the vote was overwhelmingly to remain British.

    ReplyReply
  27. 27

    @SiubhanDuinne:

    I’m sorry, what does this sentence even mean?

    I think he’s saying they raised rates too quickly and have been too slow in lowering them again. Or he could just be spouting the usual gibberish.

    ReplyReply
  28. 28
    scottinnj says:

    @Brachiator: There actually may be a case that the Fed was overly aggressive raising interest rates in 2018. Basically the Fed was worried there was little slack in the job market, thus continued economic growth would lead to accelerated wage pressure and inflation. Even some economists like Paul Krugman, no friend of DJT, felt the Fed was acting too aggressively and some of the recent rate cuts were simply reversing the mistake. However there probably was more slack and as inflation did not take off, the Fed had room to cut to reverse its mistake.

    China growth is slowing (part of which is some rebalancing/law of large #, some yes is damage from the tariffs), the German Economy (very big!) had negative growth and may be in a recession. Housing is stabilizing, after recovering from the financial crisis and car sales (which do employ lots of people) are slowing. And GDP isn’t already only growing at 2% (Q2 2019). Couple that with an equity market that may be a bit frothy (even with today’s drop, the DJ is up around 30% since DJT got elected) and none of this is all that surprising. that also isn’t the same as saying every recession looks like 2008/09 (it was really bad hence it is called the Great Recession!).

    Even the proverbial broken clock is right twice a day and, while he surely doesn’t understand, even DJT occasionally will stumble into the right answer.

    ReplyReply
  29. 29
    🇺🇸🌎 Goku (aka Amerikan Baka) 🗳🌷 says:

    I want off this fucking train

    ReplyReply
  30. 30
    Anonymous At Work says:

    @JustRuss: The declining car market would explain the dealer knife fight over selling me a new car…I filmed some footage here: https://www.youtube.com/watch?v=ipsPgNEmAXI

    ReplyReply
  31. 31
    NotMax says:

    Open thread-y good news story. AFAIK, no duct tape involved.

    Calgary Zoo patches broken penguin egg, buying time for premature chick Source

    ReplyReply
  32. 32
    Baud says:

    “The Fed has got to do something! 

    Trump should suspend his campaign to deal with the issue.

    ReplyReply
  33. 33
    Raoul says:

    @Brachiator: I for one can’t believe that the guy who fucking wrote the letter to Iran has also signaled via letter that Ireland is on his shit list.

    What a g-d damned idiot. I don’t care how educated he is. He’s an ideologue, and that path always leads to deep stupidity of action. Jeepers.

    ReplyReply
  34. 34
    RAVEN says:

    “Racist Rep. Steve King (R-Iowa) said generations of people would not be here without rape and incest while making the case for anti-abortion legislation without exceptions for victims of those crimes.

    Speaking to members at the Westside Conservative Club on Wednesday, King argued that humanity would not have the population it does today if not for rape and incest, the Des Moines Register reported.”

    ReplyReply
  35. 35
    RAVEN says:

    fuck some moderation

    ReplyReply
  36. 36
    Baud says:

    @Brachiator:

    They might lose Peter King!

    ReplyReply
  37. 37
    Raoul says:

    @JustRuss: I’ve had a certain sense of dread for the real estate market for months now. A mix of frothing as investors seek returns through property speculation, and young (or not so young) first time buyers are pinched by limited wage growth and no affordable supply.

    ReplyReply
  38. 38
    Quicksand says:

    Mark my words, any recession now will be caused by uncertainty around Democratic gains in the 2020 elections.

    ReplyReply
  39. 39
    NotMax says:

    @Baud

    Jared will fix it.

    :) :) :)

    ReplyReply
  40. 40

    Has Orange T said anything about Kashmir, yet?

    ReplyReply
  41. 41
    bluehill says:

    There are a lot of contenders for most insufferable repub, but Tom Cotton is trying his hardest to claim the title. I can’t really figure out his endgame other than one that’s pretty bleak.

    ReplyReply
  42. 42
    NotMax says:

    @schrodingers_cat

    If he does, it’ll be something about how good Ivanka looks in their sweaters.

    //

    ReplyReply
  43. 43
    laura says:

    @Raoul: not just an idiot, a Harvard educated former military, deeply DEEPLY dangerous arrogant shite-bag, bobble- throated slap dick. He’s got serious presidential intentions. Keep your eye on this one.

    ReplyReply
  44. 44

    @bluehill: Is he even worse than Steve King?

    ReplyReply
  45. 45
    Adam L Silverman says:

    I’ve cleared all of you all out of moderation.

    I don’t know what you all have been doing to get in there, but don’t do it again!//

    ReplyReply
  46. 46
    SiubhanDuinne says:

    @RAVEN:

    You know what you did.

    ReplyReply
  47. 47
    Baud says:

    @schrodingers_cat:

    He said it’s his favorite fabric.

    ReplyReply
  48. 48
    OzarkHillbilly says:

    @RAVEN:

    King argued that humanity would not have the population it does today if not for rape and incest,

    One more reason for rape and incest to be against the law.

    ReplyReply
  49. 49
    Chetan Murthy says:

    @schrodingers_cat: Heh indeed. I was thinking just the same thing.

    ReplyReply
  50. 50
    Adam L Silverman says:

    @Brachiator: Cotton is slipping. Last time he pulled this type of stunt, he had 47 signatures.

    ReplyReply
  51. 51
    Gin & Tonic says:

    @Adam L Silverman: I think FYWP doesn’t like the word for the thing where you fuck your sister.

    ReplyReply
  52. 52
    Raoul says:

    @Quicksand: Tragically, per Conventional Wisdom, this is becoming true. The beltway ‘window of blame’ is rapidly closing (or closed?). 18 months before an election is considered by shitheels like Chuck Todd to be the latest that a recession can be blamed on the sitting prez-snit. I have no idea why. Maybe it takes 18 months for the leading edges of recession to bleed down to main street and job numbers?

    ReplyReply
  53. 53

    @NotMax: He will probably congratulate Modi on his bold and decisive action.

    ReplyReply
  54. 54
    🇺🇸🌎 Goku (aka Amerikan Baka) 🗳🌷 says:

    @schrodingers_cat:
    Times of india: US President Donald Trump’s U-turn on Kashmir

    Warning: It’s a video and it’s from yesterday

    ReplyReply
  55. 55
    OzarkHillbilly says:

    @RAVEN: I ended up in moderation too, damned if I can see what I quoted that is so objectionable.

    ReplyReply
  56. 56
    mad citizen says:

    @Gin & Tonic: G&T: Sorry it’s not showing near you. But at least you alerted us/me to this. It is near me at two theaters. I’m debating whether to go; have visiting family in my house. I recently finally watched the Making Of doc that Mrs. Coppola made. A great doc to accompany a great movie.

    ReplyReply
  57. 57
    bluehill says:

    @schrodingers_cat: To me, he’s scarier because he’s smarter and has access to power.

    ReplyReply
  58. 58

    @🇺🇸🌎 Goku (aka Amerikan Baka) 🗳🌷: If you don’t min can you paraphrase? I don’t want to watch him speak.

    ReplyReply
  59. 59
    Adam L Silverman says:

    @SiubhanDuinne: If you wait to think about it tomorrow it will make sense yesterday.

    ReplyReply
  60. 60
    Raoul says:

    @laura: I saw recently that he has his eye on Pennsylvania Ave for 2024.

    Fuck.
    No.

    ReplyReply
  61. 61
    Adam L Silverman says:

    @Brachiator: My understanding is that Johnson’s hardline COS is advocating and preparing direct rule by London over Northern Ireland. Because, you know, when you’re cutting your nose off to spite your face, a DIY vasectomy with a sawzall is always an appropriate accoutrement!

    ReplyReply
  62. 62

    @bluehill: He is pretty awful. I agree.

    ReplyReply
  63. 63
    RAVEN says:

    @SiubhanDuinne: Yea I took Lil Bit out. This heat is not helping her.

    ReplyReply
  64. 64
    ChuckInAustin says:

    I have a degree in economics, this will not be fine.

    ReplyReply
  65. 65
    Baud says:

    @Adam L Silverman:

    Next they’ll retake Canada.

    ReplyReply
  66. 66
    geg6 says:

    @SiubhanDuinne:

    Yeah, I read it three times and I still don’t understand the point.

    ReplyReply
  67. 67
    Sure Lurkalot says:

    Somewhat anecdotal…my career was in multi family real estate finance…placing debt and managing overall loan portfolios. Two developer/owners I worked for were prudent investors…despite the fact that recessions did create losses in their core business and a bit of nail biting, they ultimately benefited quite nicely from them. They invariably were in a position to purchase assets on the cheap as the downturn subsided, including buying out the equity of their partners who unlike them, bit off more than they could chew on the upswing. For them, recessions became a feature not a bug. And while one might have little sympathy for plutocrats being fed on by their own, they bought up for pennies on the dollar the hard earned wealth of many whose misfortune was largely due to no fault of their own or their business model.

    ReplyReply
  68. 68
    mrmoshpotato says:

    We don’t want to ruin Christmas with tariffs, says Commerce Secretary Wilbur Ross

    Hopefully people will be able to find the extra penny to buy a can of soup and a can of beer.

    Because soup cans and beer cans are the only things made of steel and aluminum!

    (Sorry if I’m off here. I can’t keep up with all the stupid tariffs that Mexico! and Jhina! are going to pay for.)

    ReplyReply
  69. 69
    Gravenstone says:

    @Raoul:

    I for one can’t believe that the guy who fucking wrote the letter to Iran has also signaled via letter that Ireland is on his shit list.

    Perhaps Cotton has a vendetta against nations whose names start with “I” in the English spelling? If so, watch out Iceland! You’re on the list …

    ReplyReply
  70. 70
    Baud says:

    @SiubhanDuinne:

    It has a certain def poetry jam quality to it.

    ReplyReply
  71. 71
    mad citizen says:

    @Raoul: I am an economist. I’ve never heard of this “rule “. The blame game is for historians, but surely something like the 2008 recession was largely blamed on the guy running the Exec. Branch for the previous seven. I’m not aware of anyone blaming incoming Obama, though I await jackals showing me RWNJ theories.

    ReplyReply
  72. 72
    catclub says:

    @The Moar You Know:

    They’re not getting that wonderful free trade deal with the US either, although frankly even if they did II cannot imagine what the British have to sell us that we’d want (save for Status carbon-fiber bass guitars, which are the shit).

    The Trump admin is actually acting in the US interest by claiming to support a no-deal brexit, because then we will get a great trade deal
    from the desperate UK. meanwhile our trade with the rest of the EU should remain unchanged, the net is a win for the US. Pelosi is just saying that any favorable deal with the brexited UK will also need to fix the Irish border. Good luck with that.

    ReplyReply
  73. 73
    NotMax says:

    @schrodingers_cat

    Followed by a proposed executive order to un-state California.

    ReplyReply
  74. 74
    Adam L Silverman says:

    @OzarkHillbilly: They never have been. Not for the English and not for Americans. Also, it is important to remember that during World War II many Italian American Soldiers were listed as black by the US Army.

    ReplyReply
  75. 75
    Martin says:

    @RAVEN: Give him credit – advancing a pro-rape, pro-incest position is a hell of a bold decision.

    ReplyReply
  76. 76
    OzarkHillbilly says:

    @Gravenstone: It’s all due to his tour in Iraq.

    ReplyReply
  77. 77
    Heywood J. says:

    Any journamalist who doesn’t just ask Orange Foolius over and over again, How are you saving Christmas by postponing tariffs, if China is paying us via said tariffs?, they are missing an easy lay-up. Jesus, he spoon-feeds it to them, and they keep whiffing on whatever the distraction of the week happens to be.

    ReplyReply
  78. 78
    geg6 says:

    @Brachiator:

    Not sure how they could possibly go any lower. Plus, if they did lower them, what would be available as a tool to help mitigate the inevitable slow down/recession? Or, apparently, they are just fine with us jumping straight off the cliff?

    ReplyReply
  79. 79
    Chetan Murthy says:

    @mad citizen:

    I’m not aware of anyone blaming incoming Obama, though I await jackals showing me RWNJ theories.

    Nobody credible blamed Obama, but a shit-ton of RWNJ talking-heads pretended it was all his fault, for sure. A shit-ton.

    ReplyReply
  80. 80
    Adam L Silverman says:

    @Raoul: The question is once he runs out of countries that start with the letter I, who does he take on next?

    ReplyReply
  81. 81
    Baud says:

    @Heywood J.:

    I actually did see that theme discussed in the news today.

    ReplyReply
  82. 82
    Baud says:

    @Chetan Murthy:

    Unavoidable. Baked in.

    ReplyReply
  83. 83
    OzarkHillbilly says:

    @Adam L Silverman: What about Slovenians? We’re all pretty darkly complected.

    ReplyReply
  84. 84
    Adam L Silverman says:

    @laura: He got himself assigned to a Provincial Reconstruction Team as his last deployment. The only Soldiers assigned to the PRTs were assigned there to keep them away from anything important.

    ReplyReply
  85. 85
    Martin says:

    @mad citizen: It’s a way to elevate their profession. The election is so consequential that businesses are slowing hiring out of fear that a year and a half from now Warren might get elected. It’s utter bullshit. They have it backward – the incoming president should get a 6 month grace period to right the ship.

    ReplyReply
  86. 86
    Adam L Silverman says:

    @Baud: But not his favorite Led Zeppelin song.

    ReplyReply
  87. 87
    Bill Arnold says:

    @Van Buren:

    It’s eleventy dimension chess. They’re tanking the economy to reduce CO2 emissions and thus, save the world.

    The Republicans are not playing eleventy dimensional chess. But yes. Collapse the global economy (it’s always been fragile (offensively fragile, an engineer might say), more so with global supply chains and just-in-time and etc), GHG emissions go way down[0]. There are not many such quick mechanisms; regional nuclear war is another (bonus: nuclear autumn!). Engineered lethal global pandemic is another. A few more.

    [0] Complicated, but see e.g. Drivers of the US CO2 emissions 1997–2013 (21 July 2015, open access, html)

    ReplyReply
  88. 88
    James E Powell says:

    @schrodingers_cat:

    Has Orange T said anything about Kashmir, yet?

    Does he know where it is? Does he even know what it is?

    ReplyReply
  89. 89
    Steve in the ATL says:

    @catclub:

    The Trump admin is actually acting in the US interest by claiming to support a no-deal brexit, because then we will get a great trade deal from the desperate UK

    Finally–I’ve been waiting for good deals on boiled mutton and cars with unfixable electrical problems

    ReplyReply
  90. 90
    TenguPhule says:

    @Spanky:

    I just can’t figure out whether Vlad’s got all Republican Senators by the balls, or whether they just will fuck shit up and break things because Cleek’s Law.

    How could we tell the difference?

    ReplyReply
  91. 91
    Steve in the ATL says:

    @Martin: at least it’s an ethos

    ReplyReply
  92. 92
    OzarkHillbilly says:

    @Martin:

    the incoming president should get a 6 month grace period to right the ship.

    Just like in ’09, they don’t want to pay for it.

    ReplyReply
  93. 93
    Heywood J. says:

    @Baud: Yeah, I saw it on one of the panel shows too. They need to ask him directly. This is a complete 180 from his earlier (obviously nonsensical) position that Jhina! is paying the tariffs. And obviously he’s not going to explain himself, because he can’t. But they can at least push him on it, until he snaps.

    ReplyReply
  94. 94
    Baud says:

    @Heywood J.:

    I’m not sure what asking a liar questions actually gets us since they’ll just end up reporting his response.

    ReplyReply
  95. 95
    Adam L Silverman says:

    @OzarkHillbilly: I have no idea. My guess is that during WW II, if anyone in the US who wasn’t of Slovenian descent knew where Slovenia was they would have just assumed northeastwest Italy/Italy adjacent.

    ReplyReply
  96. 96
    Gin & Tonic says:

    @Steve in the ATL:

    cars with unfixable electrical problems

    And don’t forget self-changing oil.

    ReplyReply
  97. 97
    trollhattan says:

    @RAVEN:
    Just when you think he can’t possibly go any lower, Steve King buys himself a shiny new shovel.

    So very proud to be an Iowan 🤦

    ReplyReply
  98. 98
    Chetan Murthy says:

    @Spanky:

    Vlad’s got all Republican Senators by the balls

    I don’t think he needs to [get their balls in a vise] [though for certain ones, I think he *does* (*cough* Moscow Mitch, Russian Rand)]. The GrOPers all know that unless they continuing pushing the right-wing agenda, they’re all dead. And that agenda is transnational. They’re going to support any RWNJ party in any country at this point. These GrOPers *agree* with Putin’s goals. It’s that simple.

    ReplyReply
  99. 99
    SiubhanDuinne says:

    @Adam L Silverman:

    “It’s very good jam,” said the Queen.

    “Well, I don’t want any to-day, at any rate.”

    “You couldn’t have it if you did want it,” the Queen said. “The rule is, jam to-morrow and jam yesterday – but never jam to-day.”

    “It must come sometimes to ‘jam to-day’,” Alice objected.

    “No, it can’t,” said the Queen. “It’s jam every other day: to-day isn’t any other day, you know.”

    “I don’t understand you,” said Alice. “It’s dreadfully confusing!”

    :-)

    ReplyReply
  100. 100
    trollhattan says:

    @James E Powell:
    He had a nice blazer made from it at one time.

    ReplyReply
  101. 101
    satby says:

    So in anticipation of purchasing a permanent slot at the farmer’s market where I now rent, I put in a sell order on some of the shares in my small IRA. So delighted that I’m going to be out even more money than I had calculated this morning.
    At least purchasing a booth is a tangible asset I can sell again instead of watching my money get dissipated by the moron in chief.

    ReplyReply
  102. 102

    @James E Powell: He does I think. He offered to mediate when Imran Khan was in the WH

    ReplyReply
  103. 103
    David 🎅🎄Merry Christmas🎄🎅 Koch says:

    Warren should frame Dump’s tariffs as a WAR ON XMAS

    ReplyReply
  104. 104
    TenguPhule says:

    @Baud:

    Trump should suspend his campaign to deal with the issue.

    Well played.

    ReplyReply
  105. 105
    PJ says:

    @James E Powell: Sure, it’s on Physical Graffiti, Side 2, Track 3. (Actually, I’m sure Trump has no idea which Zep album it’s on.)

    ReplyReply
  106. 106
    rp says:

    I’m just gonna go ahead and assume Cotton is also on Putin’s payroll.

    ReplyReply
  107. 107
    TenguPhule says:

    @RAVEN:

    Racist Rep. Steve King (R-Iowa) said generations of people would not be here without rape and incest

    Undoubtedly contributing to more then a few Republicans who otherwise wouldn’t be here.

    ReplyReply
  108. 108

    @lamh36: Oh my goodness. It seems like she was just born.

    ReplyReply
  109. 109
    TenguPhule says:

    FYWP.

    ReplyReply
  110. 110
    trollhattan says:

    @mrmoshpotato:
    “When Black Friday comes.”

    They imagine it’s all so simple–pull a few levers and make the economy dance like Carmen Miranda. “Here’s a banana Wilbur, show us your stuff.”

    Still get steamed about that jowly fuck waving the Campbell’s soup can at the camera while telling us how naive we all are. Build a bridge out of soybeans, you walking scrotum.

    ReplyReply
  111. 111
    zhena gogolia says:

    @OzarkHillbilly:

    You’re Slovenian?

    ReplyReply
  112. 112
    NotMax says:

    @satby

    How goes the battle against kitten chaos in the loo?

    Momentary concern the other day when there was radio silence from you after announcing intent to enter.

    ;)

    ReplyReply
  113. 113
    Chetan Murthy says:

    @zhena gogolia: I assumed OH was making a subtle dig at Melanoma.

    ReplyReply
  114. 114
    trollhattan says:

    @David 🎅🎄Merry Christmas🎄🎅 Koch:
    While Trump wishes our retirement accounts “happy holidays.”

    ReplyReply
  115. 115
    ruemara says:

    @Adam L Silverman: Do they want a war?

    I confess to really be bamboozled by the oligarch strategy of steal the working man’s wealth, crash the economy so their money (and yours) is worth less, increase their suffering so they have – TADAAAA! – nothing to lose by killing you.

    ReplyReply
  116. 116
    Dave says:

    @Adam L Silverman: He’s exactly what I’d expect from my experience with PRT’s. Tom has actually managed to supplant Ted Cruz as the Senator I find most immediately and dislikable (McConnell holds a special place unrelated to this). The complete misplaced Dunning-Kreuger confidence he brings to foreign policy is just the perfect cherry on top.

    ReplyReply
  117. 117
    Sloane Ranger says:

    My understanding is that Bolton offered BoJo a quid pro quo. Tear up the Iran nuclear deal and don’t do any deals with Huawei (sp?) and we’ll fast track some nice sectional trade deals. This puts Johnson in a dilemma. He’s not as stupid as he looks and he knows that Trump is a serial liar (takes one to know one) plus his foreign office people will be explaining to him about Congressional approval, but, on the other hand, he needs a deal to compensate for lost trade with Europe. It will be interesting (in a living in interesting times way) to see which way he jumps.

    In other news, the media is reporting that a vote of no confidence in the government is expected to be held in the 1st 2 weeks after the Commons returns from recess. If successful this would force a General election. Dominic Cummings (BoJo’s) fixer has said that any election would be scheduled for after Brexit but John Bercow, the Speaker, has said he would fight for an early election. I assume his staff are researching Erskine May and Parliamentary records dating all the way back to the Conquest even as we speak.

    I was lunching with a friend today and we agreed that this total fcuk up is due to the fact that we have enjoyed such a long period without any major wars or other challenges and we are now getting 40 + years worth in one go.

    ReplyReply
  118. 118

    Just a reminder that the January 2017 intelligence report said that the Republicans had been hacked in addition to the Democrats. Have we seen ANY of that material? Any of THEIR emails?

    For those who are wondering about Republican motivation.

    ReplyReply
  119. 119
    TenguPhule says:

    @Adam L Silverman:

    The only Soldiers assigned to the PRTs were assigned there to keep them away from anything important.

    Obviously they failed since he somehow got into Congress.

    ReplyReply
  120. 120
    TenguPhule says:

    @schrodingers_cat:

    Has Orange T said anything about Kashmir, yet?

    Hasn’t Kashmir already suffered enough?

    ReplyReply
  121. 121
    NotMax says:

    @zhena gogolia

    re: something you mentioned the other day – it wasn’t just you, consider yourself part of a select group.

    YouTube tests bigger thumbnails, and people hate it

    ReplyReply
  122. 122
    Brachiator says:

    @OzarkHillbilly:

    I guess the Irish aren’t quite as white as everyone thought they were.

    Cotton’s letter was full of nonsense about the greatness of Churchill and the British lion. It doesn’t take much to see the clear dismissal of the Irish as bratty peons who deserve to be dominated.

    ReplyReply
  123. 123
    SiubhanDuinne says:

    @Adam L Silverman:

    There are, if I’m counting correctly*, only 8 countries that begin with “I”: Iran, Iraq, India, Indonesia, Iceland, Ireland, Italy, and (ta-da!) Israel!

    *In my head. Don’t feel like looking it up. I have quite likely missed a couple.

    ReplyReply
  124. 124
    TenguPhule says:

    @Steve in the ATL:

    I’ve been waiting for good deals on boiled mutton and cars with unfixable electrical problems

    Unpatriotic! Buy a Ford Pinto.

    ReplyReply
  125. 125
    Chetan Murthy says:

    @ruemara:

    Do they want a war?

    Radical historian Randolph Bourne once said “War is the health of the state”. I’m sure they -do- want war.

    crash the economy so their money (and yours) is worth less

    The rich aren’t constrained to sell their assets when the economy turns down. The poor *are*. In fact your money is typically worth more in a downturn — b/c inflation subsides and you can even get deflation [as happened in the Great Recession]. The rich can then buy assets at knock-down prices. It is, after all, what happened in the Great Recession, right?

    ReplyReply
  126. 126
    Dave says:

    @ruemara: I don’t think they actually plan any further ahead. And those that want to are situationally incapable of doing otherwise. It violates their most sacred taboos.

    ReplyReply
  127. 127
    Barbara says:

    @SiubhanDuinne: Is Ingushetia a country?

    ReplyReply
  128. 128
    RAVEN says:

    @Adam L Silverman: da moors

    ReplyReply
  129. 129
    TenguPhule says:

    @Sloane Ranger:

    He’s not as stupid as he looks

    Cite your evidence.

    ReplyReply
  130. 130
    GregB says:

    I was told there’d be copious amounts of winning.

    ReplyReply
  131. 131
    TenguPhule says:

    @GregB:

    I was told there’d be copious amounts of winning.

    They never said that normal people would be the winners.

    ReplyReply
  132. 132
    Bill Arnold says:

    @Cheryl Rofer:

    For those who are wondering about Republican motivation.

    Or about who holds/held (most of) the puppet strings for wikileaks.

    ReplyReply
  133. 133
    TenguPhule says:

    Speaking of con jobs….

    2 guards slept through checks, falsified records in Jeffrey Epstein’s death

    Rank Incompetence or Criminal Coverup? These days, who can tell them apart?

    The two guards who were in the jail unit where Jeffrey Epstein apparently killed himself fell asleep and failed to check on him for about three hours, then falsified records to cover up their mistake, a law enforcement official and a prison official said today.

    Those disclosures came as the two guards were placed on administrative leave and the warden of the jail, the Metropolitan Correctional Center in Manhattan, was temporarily reassigned, pending the outcome of the investigation into Epstein’s death, the Justice Department announced.

    The two correctional officers in the special housing unit where Epstein was held — 9 South — falsely recorded in a log that they had checked on the financier, who was facing sex trafficking charges, every 30 minutes, as was required, the officials said. Such false entries in an official log could constitute a federal crime.

    In fact, the guards had been asleep for some or all of the three hours, the officials said.

    ReplyReply
  134. 134
    Brachiator says:

    @schrodingers_cat:

    Has Orange T said anything about Kashmir, yet?

    Something about Melania liking Kashmir sweaters.

    More seriously, nothing much about either Kashmir or Hong Kong.

    ReplyReply
  135. 135
    Bill Arnold says:

    @Chetan Murthy:

    The rich aren’t constrained to sell their assets when the economy turns down. The poor *are*.

    Yeah. That’s one of the main differences between the rich and the poor; duration of bad times that one can reasonably expect to endure.

    ReplyReply
  136. 136
    Chetan Murthy says:

    @TenguPhule:

    Cite your evidence.

    My Boris Johnson story

    It’s worth reading, and I can’t find any tidy bits to excerpt. In short, the author’s thesis is that BoJo is actually cleverly managing his public profile in a way that almost all people just can’t see thru. There’s other evidence, too: the way he purposely contrives his disheveled appearance, the way he plays the fool when journos try to ask him hard questions.

    ReplyReply
  137. 137
    TenguPhule says:

    Satellite photos show Chinese armored vehicles near Hong Kong

    Satellite photos show what appear to be armored personnel carriers and other vehicles belonging to the China’s paramilitary People’s Armed Police parked in a sports complex in the city of Shenzhen, in what some have interpreted as a threat from Beijing to use increased force against pro-democracy protesters across the border in Hong Kong.

    The pictures collected on Monday by Maxar’s WorldView show 500 or more vehicles sitting on and around the soccer stadium at the Shenzhen Bay Sports Center just across the harbor from the Asian financial hub that has been rocked by more than two months of near-daily street demonstrations.

    ReplyReply
  138. 138
    laura says:

    @Raoul: I hope he and Liz Cheney die fighting each other for the nomination. The sense of entitlement and terrible policies each support and the ruthlessness. . . Well, I could go on all darn day.

    ReplyReply
  139. 139
    JPL says:

    @Martin: According to the Des Moines Register some folks appreciated his comment. We need to be afraid, very afraid.

    ReplyReply
  140. 140
    Elizabelle says:

    WaPost: I would like to see this speech! Maybe C-Span will have it. Illinois Democratic County Chairs’ Association.

    Pelosi calls McConnell ‘Moscow Mitch’ as she recounts bills he has blocked

    House Speaker Nancy Pelosi referred to Senate Majority Leader Mitch McConnell as “Moscow Mitch” during a political speech in Illinois on Wednesday as she chided the Kentucky Republican for blocking an array of legislation passed by her chamber this year.

    Speaking at a Democratic event in Springfield, Pelosi (D-Calif.) recounted a series of bills passed by the House, including measures raising the minimum wage, reforming elections and expanding health care.

    “We sent our legislation to the Senate,” Pelosi said. “Moscow Mitch says that he is the ‘grim reaper.’ Imagine describing yourself as the ‘grim reaper,’ that he’s going to bury all this legislation.”

    McConnell has used the term “grim reaper” to describe his role in killing what he has characterized as far-left legislation coming over from the Democrat-led House.

    McConnell, meanwhile, has chafed at the growing use of the nickname “Moscow Mitch,” which was coined by MSNBC host Joe Scarborough in response to McConnell blocking House bills last month aimed at preventing foreign interference in U.S. elections.

    … During her remarks at the event sponsored by the Illinois Democratic County Chairs’ Association, Pelosi also urged the Senate to pass a pair of bills approved by the House in February designed to strengthen background checks for gun buyers.

    “We’ve been waiting since February, and now public sentiment must weigh in to save lives,” Pelosi said.

    … In her remarks, Pelosi did not mention Trump by name but referred to him as “the person down the street.”

    More of this, Madame Speaker. I am usually good with civility, but take the fight to Moscow Mitch.

    And send him an assault weapons ban for his “grim reaping.”

    ReplyReply
  141. 141
    trollhattan says:

    @Chetan Murthy:
    John Oliver made the same point in his extended piece on Boris a couple weeks ago–the crazy-haired buffoon is largely a bit he’s honed since he was young. Where that leaves him on the competence and smarts scale is unclear, but he has ulterior motives we now observe first-hand.

    It baffles me the UK seems to not attend to Russian interference in the Brexit vote. By all rights they should know Russia and Vlad far better than we.

    ReplyReply
  142. 142
    TenguPhule says:

    Someone left old TVs outside 50 homes in Virginia while wearing a TV on his head. No one knows why.

    Florida Man on vacation?

    ReplyReply
  143. 143
    trollhattan says:

    @Elizabelle:
    So it’s on. Good!

    ReplyReply
  144. 144
    JPL says:

    @David 🎅🎄Merry Christmas🎄🎅 Koch: Her trade policy is as bad.. just sayin

    ReplyReply
  145. 145
    TenguPhule says:

    King added, “Considering all the wars and all the rapes and pillages that happened throughout all these different nations, I know that I can’t say that I was not a part of a product of that.”

    Is Steve King an Immortal?

    ReplyReply
  146. 146
    NotMax says:

    @TenguPhule

    Had this queued up since last night (HI time) for an honest to goodness Open Thread/Respite Thread. Shall forge ahead with it regardless at such time one appears.

    ReplyReply
  147. 147
    ruemara says:

    @Chetan Murthy: There’s a lot more that happened in the Great Recession and the societal unrest this would unleash would dwarf the struggles we’ve been through in the past century.

    ReplyReply
  148. 148
    TenguPhule says:

    Revealed: Republican lawmaker aided group training young men for ‘biblical warfare

    The Republican politician Matt Shea connected close allies with a group offering training to young men in “biblical warfare” that includes how to use knives, pistols and rifles, with lessons based in part on the teachings of a Georgia-based neo-Confederate pastor, emails obtained by the Guardian reveal.

    Shea, who is an elected Washington state representative, later made videos in support of the group, and appeared alongside them at a gathering at a religious community in remote eastern Washington. He also paid the founder of the group money from his campaign fund in 2018.

    ReplyReply
  149. 149

    @Steve in the ATL:

    Finally–I’ve been waiting for good deals on boiled mutton and cars with unfixable electrical problems

    I wouldn’t mind some good deals on Blue Stilton, Red Leicester, and West Country Farmhouse Cheddar.

    ReplyReply
  150. 150
    Chetan Murthy says:

    @JPL:

    Her trade policy is as bad.. just sayin

    Uh, wot?
    Elizabeth Warren’s vision for changing America’s trade policy, explained

    Warren’s nine-point test for a trade deal

    The conditions are worth quoting in full since they are detailed and specific but also notable for the fact that the United States does not meet the criteria:

    • Recognize and enforce the core labor rights of the International Labour Organization, like collective bargaining and the elimination of child labor.

    • Uphold internationally recognized human rights, as reported in the Department of State’s Country Reports on Human Rights, including the rights of indigenous people, migrant workers, and other vulnerable groups.

    • Recognize and enforce religious freedom as reported in the State Department’s Country Reports.

    • Comply with minimum standards of the Trafficking Victims Protection Act.

    • Be a party to the Paris Climate agreement and have a national plan that has been independently verified to put the country on track to reduce its emissions consistent with the long-term emissions goals in that agreement.

    • Eliminate all domestic fossil fuel subsidies.

    • Ratify the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions.

    • Comply with any tax treaty they have with the United States and participate in the OECD’s Base Erosion and Profit Shifting project to combat tax evasion and avoidance.

    • Not appear on the Department of Treasury monitoring list of countries that merit attention for their currency practices.

    ReplyReply
  151. 151
    trollhattan says:

    @Elizabelle:
    Turns out Moscow Mitch is trending in Kain-tucky.

    Syd Weedon first met Mitch McConnell at a 1978 prayer luncheon in Louisville, Kentucky, when the now-Senate Majority Leader was serving in his first elected office. Over the years, the retired Presbyterian minister and lifelong Democrat would regularly run into McConnell at the local Kroger. “I’ve stared at him eye-to-eye over the oranges before,” Weedon told Intelligencer.

    But until this year, Weedon had never opened up his wallet in an attempt to defeat McConnell. Like thousands of Americans, his first donation to the Kentucky Democratic Party (KDP) was spurred by a phenomenally successful new line of merchandise built around the one nickname that the self-professed “Grim Reaper” doesn’t embrace — “Moscow Mitch.”

    Wednesday marks two weeks since the KDP began selling its line of “Moscow Mitch” merch, headlined by a red t-shirt with the slogan “Just say nyet to Moscow Mitch.” In that time, the party, which is also selling beer koozies, shot glasses, and cossack hats, has brought in $500,000 on 13,526 unique sales. Each of those is a donation to the KDP and more than 90 percent have come from people like Weedon who have never before given to the state party.

    “We knew he was underwater, but this really gave us an indication of how angry the people are,” said Nicole Erwin, Communications Director for the KDP. She added that the “Moscow Mitch” items are the largest merch campaign the party has ever done. “It blows everything else out of the water,” she said.

    Erwin traced the idea for the “Moscow Mitch” merch back to Robert Mueller’s Congressional testimony last month. The former Special Counsel warned of the Russian government’s continued “efforts to interfere in our election” and McConnell, who infamously stopped the Obama administration from making a bipartisan condemnation of Russian election interference in 2016, responded by blocking two pieces of election security legislation in the Senate.

    ReplyReply
  152. 152
    different-church-lady says:

    So, just in the last 48 hours:
    * The Statue of Liberty needs to be re-written.
    * Rape and incest are good.

    At this rate they ought to be driving nails into their own foreheads before Super Tuesday.

    ReplyReply
  153. 153
    TenguPhule says:

    @NotMax: Looking forward to it.

    ReplyReply
  154. 154
    different-church-lady says:

    THE FILTER IS NOT REALLY MODERATE!!! YOU NEED TO EMPTY IT AGAIN!!!

    ReplyReply
  155. 155
    OzarkHillbilly says:

    @Adam L Silverman: When my mother, a Southern Baptist daughter of old genteel Southern Heritage told her parents she was marrying my Slovenian papist father, my grandmother threatened to disown her, so I always kinda figured we were once a little bit black and was just wondering how black.

    (the way the story went, my mother went to her room to pack when Gram came in and said she just wanted to make sure Ma was serious. I always kinda figured Gramps said something along the lines of “George isn’t so bad, Remember the Jew she brought home last year?”)

    ReplyReply
  156. 156
    NotMax says:

    @Roger Moore

    Double Gloucester or bust.

    ;)

    ReplyReply
  157. 157
    Chetan Murthy says:

    @ruemara:

    the societal unrest this would unleash would dwarf

    ruemara, we’re agreed 100%. For sure, the rich don’t think thru that the consequences of their actions would be revolution. But …. they’re the sort of people who think they can survive after an apocalypse:
    How tech’s richest plan to save themselves after the apocalypse

    Finally, the CEO of a brokerage house explained that he had nearly completed building his own underground bunker system and asked: “How do I maintain authority over my security force after the Event?”

    Sure, the mind boggles. But if you think about the kind of mind that would think this is even a sensible question, I’ll claim that such a person would discount the possibility that their actions could ever have systemic effects. They fundamentally don’t believe in collective action problems, neither in the good nor the bad sense.

    ReplyReply
  158. 158
    mrmoshpotato says:

    @NotMax:

    Followed by a proposed executive order to un-state California.

    Look out “island in the Pacific”!

    ReplyReply
  159. 159
    JPL says:

    @Chetan Murthy: It was poorly stated since she does have some good ideas, but I don’t think her policies towards China would help.
    In a perfect world, her ideas are great. Unfortunately, we have to recognize what is possible.

    ReplyReply
  160. 160
    OzarkHillbilly says:

    @satby: Does that mean you can come and go as you like? That they can’t tell you “you have to be here on the 4th of July.”

    ReplyReply
  161. 161

    @Brachiator: I believe he said Hong Kong was a very interesting situation and we’ll see what happens.

    There’s a huge vacuum at the top of the American government.

    ReplyReply
  162. 162
    Elizabelle says:

    @trollhattan: Reading that story now.

    And KDP is the Kentucky Democratic Party. So the Republicans would be …..

    I wonder what they do call themselves.

    ReplyReply
  163. 163
    Gravenstone says:

    @Cheryl Rofer: Other than a couple related to Sen. Graham (and my, hasn’t he since then turned into Trump’s biggest little pitbull defender on all things racist?), nope – nary a thing from the purloined Republican materials. Things that make you go hmmmmm.

    ReplyReply
  164. 164
    satby says:

    @NotMax: I have embraced the cray-cray. A clean tub entices whichever culprit thinks that’s the hooman litter box to use it again, so I’m resigned to the fact that as long as they’re here it’s going to be a mess and continued job to clean each day. But in better news the feral baby has accepted me as the giver of food and lets me momentarily hold or pet him. He’s not enthusiastic about it, but it’s an improvement. They may be leaving by the end of this week.
    Of course, then I’ll miss the little buggers very much. Though I’ll be consoled by my clean, disinfected bathtub.

    ReplyReply
  165. 165
    OzarkHillbilly says:

    @zhena gogolia: On my father’s side. Ma was a mix of English/ Scots, long time southern family..

    ReplyReply
  166. 166
    Another Scott says:

    The traders must love this stuff.

    “OMG Panic!! Sell Sell Sell!!!1”
    Next day
    “OMG Panic!! Buy Buy Buy!!111”

    Krugman earlier today:

    Paul Krugman Verified account @paulkrugman

    One small note of non-panic over bond yields: the 10-year has fallen in half, but it’s still a bit higher than it was in much of 2016, when it didn’t presage recession. The reason we have a yield curve inversion is that the Fed raised short-term rates 1/

    That now looks like a clear mistake — partly bc the Fed misjudged the labor market, partly bc it gave too much credence to stimulus from tax cut. But I think this story makes the yield curve inversion less ominous than it might otherwise seem 2/

    Put it this way: one story is that we’ve been in secular stagnation all along, and the only thing that really changed was a temporary bout of irrational exuberance at the Fed 3/

    Yup.

    Of course, given our “leadership” there’s no telling what will happen, but fundamentally there’s no reason to panic.

    Cheers,
    Scott.

    ReplyReply
  167. 167
    catclub says:

    @Steve in the ATL:

    Finally–I’ve been waiting for good deals on boiled mutton and cars with unfixable electrical problems

    what Trump has in mind is that US multinationals are allowed free reign in the UK. Banks, Facebook…
    Mutton is from New Zealand, anyway.

    ReplyReply
  168. 168
    mrmoshpotato says:

    @Martin:

    the incoming president should get a 6 month grace period to right the ship.

    Six years is closer to the time needed.

    ReplyReply
  169. 169
    JPL says:

    @OzarkHillbilly: lol That’s such a sweet story.

    ReplyReply
  170. 170
    NotMax says:

    @satby

    Have they discovered that marvelous toy hoomans boringly named “a roll of toilet paper?”

    :)

    ReplyReply
  171. 171
    Chris Johnson says:

    @Elizabelle:

    House Speaker Nancy Pelosi referred to Senate Majority Leader Mitch McConnell as “Moscow Mitch” during a political speech in Illinois on Wednesday as she chided the Kentucky Republican for blocking an array of legislation passed by her chamber this year.

    Well, THAT’S aggressive. I like it.

    I also think she wouldn’t be saying that if she didn’t know full well it was absolutely true. Seems like impeaching Trump is a lot trickier, but establishing that Mitch is paid by Putin? Apparently that’s an open secret.

    At least, among our leaders and betters. I guess there was no point worrying our poor little heads about it until it became sufficiently obvious? That’s annoying.

    However, I’ve been saying for ages that it would explain a lot: Pelosi wouldn’t act because she knew the full extent of the treason, and was jockeying for position. I feel like this suggests it’s true, and that we’ve got a position now solid enough to run with. I’m game. Give ’em hell, Nancy!

    ReplyReply
  172. 172
    Chetan Murthy says:

    @JPL:

    but I don’t think her policies towards China would help.

    United States waking up to Chinese abuses, US Senator Elizabeth Warren says in Beijing

    After years of mistakenly assuming economic engagement would lead to a more open China, the US government was waking up to Chinese demands for US companies to give up their know-how in exchange for access to its market, Warren said.
    “The whole policy was misdirected. We told ourselves a happy-face story that never fit with the facts,” she said on Saturday, during a three-day visit to China that began on Friday.
    “Now US policymakers are starting to look more aggressively at pushing China to open up the markets without demanding a hostage price of access to US technology.”

    In what manner is she wrong? Also, a little story. When I worked for IBM, once a friend was sent to fix a problem with some software that ran on a machine IBM had sold to Huawei. He was one of the last-ditch troubleshooters, and had some specialized software he’d use to analyze problems. As it turns out, I was also a last-ditch troubleshooter, and worked with him a lot, so we discussed his little … “odyssey” a good bit. It turned out, that in order for him to work on the problem he was required to provide IN SOURCE CODE FORM all the tools he used. All of them.

    Look: I’m a *patriot*. I think that American companies, esp. in high-tech, where we’ve all paid handsomely to create technology [via taxes] should be giving away that technology to one of our two greatest geopolitical competitors. And I see nothing wrong with Sen. Warren’s position on this. And I hasten to note that many/many/many of these Chinese companies are owned lock, stock, and barrel by the Chinese state. They’re not “actors in a free market” — they’re organs of one of our main geopolitical adversaries.

    ETA: And his story was just one example of a pervasive pattern, which Sen. Warren highlights. You wanna do business in China? You have to work with a “local partner” who will have access to ALL your tech, and will over time get to where they can compete with you: first in China, and then in the entire world. And that local partner is often owned by the government.

    I’m a fucking patriot.

    ReplyReply
  173. 173
    mrmoshpotato says:

    @trollhattan: How DARE you forget about the Waterweiser beer can! For! Shame!

    ReplyReply
  174. 174
    Gravenstone says:

    @Chetan Murthy:

    “How do I maintain authority over my security force after the Event?”

    A scifi trope these chuckleheads always seem to forget, why would any bespoke security force remain bespoke in the aftermath of a major upheaval is their compensation loses value? Pair that with “their” security team likely having dependents and others whom they wish to protect and care for, and suddenly their little private armies either vaporize, or aren’t so little anymore as they swell with the ranks of dependents and other retainers.

    ReplyReply
  175. 175
    Bill Arnold says:

    @Chetan Murthy:

    “How do I maintain authority over my security force after the Event?”

    How does they and their extended family protect themselves against elite roving assassination teams created by people who blame them for The Event? Alternatively, they could use some of their resources and talent to try to stop The Event.

    ReplyReply
  176. 176
    Wallis Lane says:

    @Elizabelle:

    WKRP Near Cincinnati

    ReplyReply
  177. 177

    @NotMax:
    Trying West Country Farmhouse Cheddar for the first time made me appreciate why so many people want to imitate it. More importantly, it made me realize what a terrible job they’re doing. Cheap, pre-ground Parmesan is a much better imitation of Parmigiano-Reggiano than bulk Cheddar is of West Country Farmhouse Cheddar. Even quality American cheddar, while an excellent cheese, is not a close replica of the original.

    ReplyReply
  178. 178
    satby says:

    @OzarkHillbilly: yes. I have much more flexibility as an owner than a renter. Including a vote on being open holidays.

    ReplyReply
  179. 179
    Elizabelle says:

    Video of Nancy Smash’s speech today, youtube put up by Fox News (!).

    Little more than 20 minutes. She is resplendent in pink, pearls, and purpose.

    ReplyReply
  180. 180
    Haroldo says:

    @Litlebritdifrnt:

    Yep. This in spades. (Pardon if this has been commented upon upstream.)

    What drives me bananas is that the BBC and other UK News Orgs take Bolton’s words at face value and never look into the back story of any trade deal having to be approved by Congress. They blithely report Bolton’s words without noting that both Bolton and his boss are pathological liars. Why do they do this? They do the same with Boris, they announce his promises for more funding for this or that and never report that he is, like Trump, a pathological liar.

    ReplyReply
  181. 181
    zhena gogolia says:

    @NotMax:

    Oh, it sucks so bad.

    ReplyReply
  182. 182
    Chetan Murthy says:

    @Gravenstone:

    A scifi trope these chuckleheads always seem to forget

    I think it’s actually really simple: the head of your security detail does a “decapitation strike”, taking out [the generic] you and all your male relatives; he proceeds to take over. I mean, it’s not like there’s any po-po gonna show up to investigate, if you suddenly die.

    ReplyReply
  183. 183
    satby says:

    @NotMax: I take it with me and hang it on the doorknob outside. This isn’t my first kitten rodeo 😅

    ReplyReply
  184. 184
    mrmoshpotato says:

    @Elizabelle: Fuck ‘civility’ with a party that punches you in the face at every chance.

    “When they go low, we go high.” was nice and flowery. I’ll take Eric Holder’s “When they go low, we kick ’em.”

    ReplyReply
  185. 185
    Mike G says:

    @TenguPhule:

    Rank Incompetence or Criminal Coverup? These days, who can tell them apart?

    Either way, it says Banana Republic.

    ReplyReply
  186. 186
    NotMax says:

    @Roger Moore

    While fully cognizant that one’s palate and taste change as the years pass, still would swear on a stack of Cole rants that American cheddar tasted much better and more full-bodied 40 or 50 years ago.

    ReplyReply
  187. 187
    Mayur says:

    @Elizabelle: “Baby, if you ever wondered / wondered whatever became of me / I’m living on the air in [kentucky]

    ReplyReply
  188. 188
    OzarkHillbilly says:

    @JPL: Ma was somebody nobody wanted to mess with, she played no games. After they got engaged the little dust up in Korea began and the old man got called back. He said, “Maybe we should wait?” Ma said, “Fuck that shit, it’s now or never Buster.”

    They had a very small wedding in Gram and Gramp’s house to which only 1 of Pop’s 7 bros and sisters made it.

    ReplyReply
  189. 189
    Elizabelle says:

    @mrmoshpotato: Strikes me that calling him “Moscow Mitch” will ensure more press coverage than “Democratic legislation outlook.”

    ReplyReply
  190. 190
    Chetan Murthy says:

    @Roger Moore: Where does one get this …. West Country Farmhouse Cheddar. I mean, in these here United States, of course. I searched around, to no avail.

    ReplyReply
  191. 191
    catclub says:

    @Haroldo:

    Why do they do this?

    They say that motivations are important.
    In this case, if they say those things they might lose treasured access.

    ReplyReply
  192. 192
    OzarkHillbilly says:

    @satby: Cool. Worth the investment for that alone.

    ReplyReply
  193. 193
    NotMax says:

    @Elizabelle

    Not alliterative but would opt for Dead End Mitch. More evocative of the obstructionism, IMHO.

    ReplyReply
  194. 194
  195. 195
    Sloane Ranger says:

    @trollhattan: Johnson won scholarships to both Eton and Balliol college, Oxford. He won prizes at Eton in both English and classics and graduated Oxford with a 2.1 class degree. Both argue for him having above average intelligence.

    As for why Russian influence isn’t an issue over here; well, British voters are too sophisticated to be taken in//

    ReplyReply
  196. 196
    mrmoshpotato says:

    @Elizabelle: Hope so – for the Democratic party and Moscow Mitch’s traitorous turtleshit.

    ReplyReply
  197. 197
    Another Scott says:

    @Litlebritdifrnt: The BBC is actually pretty good about this, at least on their web pages, but you have to scroll down. BBC on Bolton’s trade comments:

    […]

    Would a sector-by-sector agreement work?

    By BBC economics correspondent Andrew Walker

    There is a problem with sector-by-sector trade agreements. They are not compatible with WTO rules, which say free trade agreements for goods should cover “substantially all the trade”.

    There is no formal definition of that term but a figure of 90% has often been suggested.

    It is unlikely a deal covering a few sectors would qualify. Other WTO members could start a dispute and would, on the face of it, have every chance of winning.

    However, it does not mean it would be impossible. WTO rules are not enforceable in national courts so if the UK and the US wanted to go ahead they probably could.

    But it would be a strange move for any country committed to the rules-based global trade system that has the WTO at its heart.

    There is another problem for any trade agreement: whether it meets the “substantially all the trade” criterion or not, it would need to be ratified by the US Congress.

    There is a substantial body of American legislators who would be likely to vote against it if they thought that Brexit had taken place in a way that posed a danger to the peace process and the open border on the island of Ireland.

    […]

    Trouble is, almost any TV or radio report is going to be too short to cover the reality of what Bolton (or any of Donnie’s minions) are saying.

    Cheers,
    Scott.

    ReplyReply
  198. 198
    OzarkHillbilly says:

    @raven: John Prine is a treasure.

    ReplyReply
  199. 199
    TenguPhule says:

    @Gravenstone:

    why would any bespoke security force remain bespoke in the aftermath of a major upheaval is their compensation loses value?

    The rich folks asking the question wanted to know the viability of either being the only one with the control codes for the food vaults or planting unremovable kill devices on their security forces as a loyalty insurance.

    ReplyReply
  200. 200
    germy says:

    Here's the video of Nancy Pelosi calling Mitch McConnell 'Moscow Mitch', via The Hill. pic.twitter.com/4RXUXgRpSb— Kyle Griffin (@kylegriffin1) August 14, 2019

    ReplyReply
  201. 201
    RAVEN says:

    @OzarkHillbilly: Ain’t it funny how an old broken bottle, looks just like a diamond ring. . .

    ReplyReply
  202. 202
    Elizabelle says:

    @NotMax: I prefer Moscow Mitch. Frames the issue: he is fine with Russian (and other) interference in our elections, and why is that?

    McConnell’s calling himself “the grim reaper” so he would probably welcome “dead end Mitch.” The buck stops with him.

    ReplyReply
  203. 203
    Ruckus says:

    Betty
    You may not know squat about the economy, but you know more than shit for brains and all the shitlets put together. Their idea of the economy is ME, ME, ME, Daddy!, ME, ME, ME, DADDY!!!…… and it’s an endless loop till the first shovel full hits the box, at which point it’s “Why ME?”

    ReplyReply
  204. 204
    NotMax says:

    @Chetan Murthy

    Different in some aspects (not as what would be the term – earthy?), Costco sells a brick of a pale Irish cheddar which is luscious, semi-crumbly goodness.

    ReplyReply
  205. 205
    Heywood J. says:

    @Baud: True, but you could say that about everything they do now. If they’re going to holler something at him over the prop-wash in the driveway, like the useless stenographers they are, might as well be something that annoys and/or confuses him.

    ReplyReply
  206. 206
    germy says:

    @OzarkHillbilly: We almost lost him. Didn’t he have throat cancer a few years ago?

    ReplyReply
  207. 207
    Tony Jay says:

    @Litlebritdifrnt:

    What drives me bananas is that the BBC and other UK News Orgs take Bolton’s words at face value and never look into the back story of any trade deal having to be approved by Congress. They blithely report Bolton’s words without noting that both Bolton and his boss are pathological liars. Why do they do this? They do the same with Boris, they announce his promises for more funding for this or that and never report that he is, like Trump, a pathological liar.

    Everything the Right says is viewed through the prism of “Will this cause a problem for them with their voters and/or funders?” not “Is it true or false?“. If the answer is no, then there’s no story. It’s not seen by the Media as their job to hold them to account, that’s the Opposition’s responsibility. OTOH, on the rare occasions when the Opposition are given a platform to point out the dishonesty the same Media applies the rule that whatever the Left says has be viewed through the prism of “Will this cause a problem for the Right with their voters and/or funders?” not “Is it true or false?”, and the answer to that is almost always no, in which case the Media does feel it has a responsibility to hold them to account for wasting everyone’s time with “pointless, partisan posturing“.

    And, of course, the BBC is run by and for lifelong Tories. The odious Nick Robinson was only telling the truth when he gaffed about Johnson being selected as “Our new leader… uh… sorry, the new Prime Minister.

    ReplyReply
  208. 208
    Another Scott says:

    @James E Powell: Has anyone there won a Nobel Prize??

    Grr…

    Cheers,
    Scott.

    ReplyReply
  209. 209
    David 🎅🎄Merry Christmas🎄🎅 Koch says:

    @Another Scott: They should award Megan Rapinoe the Nobel Prize just to make Dump’s head explode.

    ReplyReply
  210. 210
  211. 211
    OzarkHillbilly says:

    @germy: From Wikipedia:

    In early 1998, Prine was diagnosed with squamous cell cancer on the right side of his neck. He had major surgery to remove a substantial amount of diseased tissue, followed by six weeks of radiation therapy.[12] The surgery removed a piece of his neck and severed a few nerves in his tongue, while the radiation damaged some salivary glands. A year of recuperation and speech therapy was necessary before he could perform again.[13] The operation altered his vocals, and has added a gravelly tone to his voice.[14]

    In 2013, Prine learned he had cancer in his left lung and underwent surgery to remove it. After the surgery, a physical therapist put him through an unusual workout to build stamina: Prine was required to run up and down his house stairs, grab his guitar while still out of breath and sing two songs. Six months later, he was touring again.[15]

    ReplyReply
  212. 212
    Betty Cracker says:

    @catclub:

    The Trump admin is actually acting in the US interest by claiming to support a no-deal brexit, because then we will get a great trade deal from the desperate UK.

    Maybe, but that assumes people in the Trump administration are capable of strategic thinking — never a safe bet! I suspect Trump is behind a no-deal Brexit because that bellicose toad Nigel Farage thinks it’s a great idea, and Trump assumes Farage is a genius because Farage backed Trump in 2016.

    The Trump admin probably wants to fast-track bilateral trade deals for similar reasons — Trump’s pals are on the hook if the whole thing goes south, and “Brexit” and “Trump 2016” are linked in Trump’s tiny mind because both were improbable events that happened in roughly the same timeframe. (Never mind that the same fourth-rate kleptocrat actively worked to achieve both ends because it made his enemies ridiculous — none of the players will ever admit they got played.)

    But if BoJo & Co. are in a position to play their cards right (i.e., flatter Trump), they can walk away with New England in exchange for a wheel of Double Gloucestershire and a can of Old Speckled Hen. (“It was called ‘England’ anyway…”)

    ReplyReply
  213. 213
    trollhattan says:

    @Sloane Ranger:
    Thanks, levels several holes that needed filling.

    As to going to sleep on the Russians, it’s like finding out your “smart cousin” who has been running the family business it’s so smart after all. One has concerns.

    ReplyReply
  214. 214
    JPL says:

    @OzarkHillbilly: lol Like father like son.. f.k that shit..

    ReplyReply
  215. 215
    OzarkHillbilly says:

    @RAVEN: One of my favorites:

    She don’t like her eggs all runny
    She thinks crossin’ her legs is funny
    She looks down her nose at money
    She gets it on like the Easter Bunny
    She’s my baby, I’m her honey
    I’m never gonna let her go

    He ain’t got laid in a month of Sundays
    Caught him once and he was sniffin’ my undies
    He ain’t too sharp but he gets things done
    Drinks his beer like it’s oxygen
    He’s my baby, I’m his honey
    I’m never gonna let him go

    ReplyReply
  216. 216
    trollhattan says:

    @germy: @OzarkHillbilly:
    One cannot over-praise John Prine. It is unpossible.

    ReplyReply
  217. 217
    NotMax says:

    @Sister Golden Bear

    Decisions, decisions. Now have to fret over which font is best suited for the “No Christians” signs.

    //

    ReplyReply
  218. 218
    Chetan Murthy says:

    @catclub:

    The Trump admin is actually acting in the shortest-term imaginable US interest

    FTFY. Our long-term interest is in having strong allies and trading partners who will enforce a rule-based international regime we set up (hence, intrinsically biased towards us). It is *not* in fomenting chaos and enmity amongst those very allies and partners, weakening them at a time when our actual adversaries are formidable and some are growing in strength.

    ReplyReply
  219. 219
    Villago Delenda Est says:

    Cotton should have been Niedermayered in Iraq.

    ReplyReply
  220. 220
    NotMax says:

    @Chetan Murthy

    Made me think of nothing so much as this:

    “We become strong, I feel, when we have no friends upon whom to lean, or to look to for moral guidance.”
      – Benito Mussolini

    ReplyReply
  221. 221
    OzarkHillbilly says:

    @NotMax: That ones easy, Satanic.

    ReplyReply
  222. 222
    Sloane Ranger says:

    @trollhattan: It came as an unpleasant surprise to me too.

    ReplyReply
  223. 223
    dww44 says:

    @bluehill: He is not only the most insufferable, in my opinion, he’s also the most dangerous, after McConnell, of course, because the latter has more political levers at his disposal. Cotton is extreme, but also not dumb. An evil smart man is to be feared over an evil dumb one.

    ReplyReply
  224. 224
    David 🎅🎄Merry Christmas🎄🎅 Koch says:

    Dow finishes down 800 pts

    So much winning.

    ReplyReply
  225. 225
    Yutsano says:

    @trollhattan:

    It baffles me the UK seems to not attend to Russian interference in the Brexit vote.

    There is a SHIT TON of Russian money in British real estate right now, especially in London. And more than a few MPs have investments in real estate or real estate trust instruments. Russian oligarch money is part of why London housing prices are so high. And why almost no one in the British government wants to look under the bonnet.

    You don’t ever piss off the dealer.

    ReplyReply
  226. 226
    OzarkHillbilly says:

    @trollhattan: The greatest song ever written.

    ReplyReply
  227. 227
    mrmoshpotato says:

    @David 🎅🎄Merry Christmas🎄🎅 Koch: Agreed. Nobel prize for physics – physicsing the football into the goal.

    Sadly, there’s no Nobel prize for being awesome at football.

    ReplyReply
  228. 228
    Ruckus says:

    @James E Powell:
    He grabbed a woman in Kashmir once. It was a pretty green color. No, it was twice.

    ReplyReply
  229. 229
  230. 230
  231. 231
    Haroldo says:

    @catclub:

    I wasn’t commenting on ‘why do they do this’ so much as agreeing its slavish behavio(u)r has made the BBC’s political coverage as bad as its US cousins.

    ReplyReply
  232. 232
    Litlebritdifrnt says:

    @Roger Moore: I once went to Cheddar Gorge and ate a Ploughman’s Lunch at a Pub there. Eating an cave aged cheddar in the place where it was aged in the caves around me was amazing. Have never eaten a cheese like it since.

    ReplyReply
  233. 233
    laura says:

    @germy: yes, and yet he still tours like a beast. Oh how I love JP! Songs of truths simple and deep and meaningful. In Spite of Ourselves is “the” song for me-n-spouse, but hello in there and angel from Montgomery, and it’s onion cutting time.

    ReplyReply
  234. 234
    germy says:

    @laura: I remember way back when he first appeared on the scene. He received the kiss of death from music critics. They called him The New Dylan. That usually was a career ender.

    Fortunately he survived that, and continues to this day doing his own thing.

    ReplyReply
  235. 235
    Kent says:

    The really fucking stupid thing about all of this is that there is no way that the US will replace the EU as a market for British goods. Lots of UK agricultural products go to the EU. There is zero chance that US agribusiness will start importing milk or produce from the UK when it is so much cheaper to get it from Canada and Mexico and those pipeline and distribution networks are already established.

    British cars? Bwah ha ha.

    British electronics and software? Ha.

    Pharmaceuticals? Maybe but the process for approval is long and complicated

    What is the UK actually going to export to the US under a new trade deal?

    ReplyReply
  236. 236
    trollhattan says:

    @OzarkHillbilly:
    As one pushes past life’s various phases, there’s something different to pull from it after each. Can’t think of higher praise for a song.

    Because YouTube just keeps chugging along, it spun up this for me: an allstar (in the good sense) take of “The Weight.” These conglomerations don’t usually work, but this one does. Chills guaranteed or your money cheerfully refunded.

    ReplyReply
  237. 237
    debit says:

    @Kent:

    What is the UK actually going to export to the US under a new trade deal?

    Father Ted DVDs

    ReplyReply
  238. 238
    Tony Jay says:

    Last week, John McDonnell, the Labour Party chief, said that if Johnson were to lose a no-confidence vote and still refuse to step down, he would reluctantly be forced to remind Her Majesty that she is, after all, the head of state. “I don’t want to drag the Queen into this, but I would be sending Jeremy Corbyn in a cab to Buckingham Palace to say we are taking over,”

    Since the 2017 Election stripped the Conservatives of their majority and stopped them pushing through Brexit on their own terms this was always going to be the Endgame, just a loooong wait to see if there are enough Tory MPs with the decency and patriotism to bring down their own Government rather than let the far-Right drag the UK out of the EU without passing a withdrawal deal.

    This is why the Lib-Dems and their allies of convenience on the Labour Right are trying desperately to erect a frame in which Corbyn has to step down as Labour leader before the coming General Election or else take the blame for them refusing to join a short-term anti-No Deal Government with him as PM. They can shove it up their arses. Sideways. Wrapped in peppered sandpaper.

    Roll on Election 2019.

    ReplyReply
  239. 239
    Another Scott says:

    Kinda OT – CalculatedRisk: Don’t Freak Out about the Yield Curve:

    […]

    Here is a graph of 10-Year Treasury Constant Maturity Minus 2-Year Treasury Constant Maturity from FRED.

    Click here for interactive graph at FRED.

    In general, I find new home sales and housing starts a better leading indicator for recessions than the yield curve. And Year-to-date (through June), new home sales are up 2.2% compared to the same period in 2018. Not indicating a recession!

    See the original for additional embedded links.

    Cheers,
    Scott.

    ReplyReply
  240. 240
    Tony Jay says:

    @Kent:

    What is the UK actually going to export to the US under a new trade deal?

    White people who speak English.

    Now it makes sense!

    ReplyReply
  241. 241
    Ladyraxterinok says:

    @RAVEN: In other words, guys–do what you want. No consequences. It’s all good. (Quit yer bitchin’, wimin!)

    ReplyReply
  242. 242
    catclub says:

    @Chetan Murthy: yes, of course. but once the UK has brexited, any other US government would negotiate for the best trade deal it could get with the UK.

    ReplyReply
  243. 243
    NotMax says:

    @Kent

    All school lunches will be required to include Marmite.

    ReplyReply
  244. 244
    catclub says:

    @Another Scott: Interesting. This time it might be different, since rates are already so low to begin with.

    The bond market is definitely telling the US to build infrastructure – paid for with long term bonds. But that is too sensible.

    ReplyReply
  245. 245
    mrmoshpotato says:

    @JPL: So. Much. Christmas. Christmas trade wars are tremendous bigly to win!

    ReplyReply
  246. 246

    @Chetan Murthy:

    Where does one get this …. West Country Farmhouse Cheddar.

    Your better quality cheese shops should have it. Even Trader Joe’s has been known to carry it on occasion. Just to be clear, according to the rules governing this kind of thing, cheddar has spread enough geographically that the English can’t try to claim it as a geographically protected name for a cheese. Instead, they created the new “West Country Farmhouse Cheddar” designation so they could get a protected designation of origin.

    ReplyReply
  247. 247
    catclub says:

    @mrmoshpotato: Trump fired Janet Yellen because she did not look like a central banker, and hired Powell.
    Yellen is much more of a dove than Powell. (Although Powell was fairly well aligned with Yellen).

    All blame goes to the guy who hired him.

    ReplyReply
  248. 248
    Ladyraxterinok says:

    @Adam L Silverman: We were in Newfoundland 76-77 (My ex had a sabbatical in St John’s). The now Candian province (was part of England until 1949) was settled by Irish and English.

    I was stunned at how much anti Irish feeling there was.

    ReplyReply
  249. 249
    Bill Arnold says:

    @catclub:

    The bond market is definitely telling the US to build infrastructure – paid for with long term bonds. But that is too sensible.

    Can’t – Republicans gave away all political capital related to deficit spending to the rich, in the form of irrevocable tax cuts, per the “tax protection pledge”.

    ReplyReply
  250. 250
    Jay says:

    @Kent:

    Mediocre Upperclass White Male Pompous Upper Class Twits like Sully and Pierce.

    ReplyReply
  251. 251
    TenguPhule says:

    @Kent:

    What is the UK actually going to export to the US under a new trade deal?

    Stupidity and ignorance?

    ReplyReply
  252. 252
    Sloane Ranger says:

    @Tony Jay: I disagree. As far as I’m concerned the only thing that matters at this moment is to avoid a no deal Brexit. If the only way to achieve enough votes in the Commons is to form a short term coalition government under Ken Clarke or Yvette Cooper or Winnie the Pooh for that matter, I’m willing to live with it.

    This has been the problem since the referendum. Everyone talks about putting country over party but no one is willing to actually do it.

    ReplyReply
  253. 253
    Catherine D. says:

    @OzarkHillbilly: And with Iris DeMent to boot!

    ReplyReply
  254. 254
    realbtl says:

    @RAVEN: “She was a level headed on her way to alcohol . . .”

    ReplyReply
  255. 255
    Mike in NC says:

    When we visited Belfast last week, one of the stops the tour bus made was at their lovely Parliament building. It’s been closed for about 2-1/2 years.

    ReplyReply
  256. 256
    realbtl says:

    level headed dancer – curse you lack of edit.

    ReplyReply
  257. 257
    NotMax says:

    @Sloane Ranger

    And we all thought Alan B’Stard was a fictional construct.

    ReplyReply
  258. 258
    Jay says:

    @Ladyraxterinok:

    Saint Johns is hated by the rest of Newfoundland and Labrador. The Irish and working class Englishmen settled in the Outports and manned the fisheries.

    The toffs settled in Saint Johns and ran the banks and trade, starving the outports to keep prices and profits high.

    The Townies had to hate the Irish to self justify their cruelty.

    ReplyReply
  259. 259
    Spc says:

    @Adam L Silverman: northeast italy

    ReplyReply
  260. 260
    Bill Arnold says:

    @BC in Illinois:

    We’re so sorry, Scotland

    Thanks, hadn’t seen that before. (full lyrics) For TV Tropes addicts,
    Self-Destruct Mechanism (bold mine)

    Though usually activated by a Big Red Button, some self-destruct mechanisms require two (or even three) people to enter codes, turn keys or push buttons simultaneously, etc.

    In the UK, the self-destruct mechanism was activated by 17,410,742 voters. (Sorry, 16,141,241 Remain voters.)

    ReplyReply
  261. 261
    J R in WV says:

    @Gin & Tonic:

    I always regretted I didn’t have a sister. Only a RWNJ brother… also in the BSA cult

    ;-)

    ReplyReply
  262. 262
    Matt McIrvin says:

    @mad citizen: I regret to inform you that those theories definitely are out there. Most recently expressed by none other than Arthur Laffer. The market, you see, in its prognosticatory wisdom, predicted both that Obama would win the election and that his liberal meddling would cause a hellacious recession, so it crashed in advance.

    ReplyReply
  263. 263

    @Kent:

    What is the UK actually going to export to the US under a new trade deal?

    You can start by looking at what we currently import:

    The top import categories (2-digit HS) in 2018 were: vehicles ($11 billion), machinery ($9.3 billion), special other (returns) ($5.3 billion), pharmaceuticals ($5.0 billion), and mineral fuels ($4.3 billion).

    U.S. total imports of agricultural products from United Kingdom totaled $824 million in 2018. Leading categories include: snack foods ($119 million), cheese ($60 million), wine and beer ($53 million), red meats, fr/ch/fr ($51 million), and live animals ($47 million).

    U.S. imports of services from United Kingdom were an estimated $60.7 billion in 2018, 6.5% ($3.7 billion) more than 2017, and 34.2% greater than 2008 levels. Leading services imports from United Kingdom to the U.S. were in the travel, financial services, and transport sectors.

    So yes, agricultural imports are likely to remain negligible. I suppose we could import more British cars- doesn’t everyone want a Jag, Rolls, or Bentley- and quite possibly more machinery. And we could certainly do more tourist trade with them.

    ReplyReply
  264. 264
    Tony Jay says:

    @Sloane Ranger:

    Sorry, but no. The route to avoiding a No-Deal is for the smaller parties that claim to be all about Remain to back the official Opposition in a No Confidence vote to remove Johnson’s insane regime, then forming a short term Government, asking for an extension from the EU and calling for a General Election where the Public can decide what kind of Parliament they want. If they won’t do that because they prefer a No Deal under Johnson over the idea of voting for that icky Jeremy Corbyn then that’s on them.

    Seriously, what’s the point? Why on earth should it be necessary to have someone like Ken Clark take charge? Doesn’t his loud and derisive condemnation of the Tory Party’s Brexiteer wing make him a divisive figure? Why is Yvette Cooper a unifying figure when in reality she could only garner the support of a tiny number of Labour MPs in the leadership contest? Why shouldn’t it be the actual Leader of the actual Opposition? The real one, rather than the cartoon villain version popularised by the crappy Media and his opponents inside and outside of the Party. This wouldn’t be asked of any other Party Leader, just of Corbyn. It’s bollocks and it just feeds the smear campaign waged against him since 2016.

    No. This is a question of character. Do they want to stop No Deal? Get an extension? Have an Election and a chance at a Referendum? Then get behind the Opposition Party that will do all that and stop playing stupid games. Do they want to stop Brexit or do they want to exploit Brexit to get more seats in Parliament? That’s the question the Lib-Dems should be asked.

    But they won’t be.

    ReplyReply
  265. 265

    @TenguPhule:

    Stupidity and ignorance?

    They have exported a lot of right wing pundits, so this seems like a logical extension of the trend.

    ReplyReply
  266. 266
    J R in WV says:

    @NotMax:

    Different in some aspects (not as what would be the term – earthy?), Costco sells a brick of a pale Irish cheddar which is luscious, semi-crumbly goodness.

    Locally, in the WV boonies, we can get a Welch cheddar which is very crumbly, and very sharp and rich, at Kroger’s. I like it!!

    ReplyReply
  267. 267
    Sloane Ranger says:

    @Tony Jay: People feel and believe what comes they feel and believe. All the passion in the world won’t change that..

    At this stage I don’t care about who’s in the right, I just care about stopping a no deal Brexit any way that works. This is a time for pragmatism.

    ReplyReply
  268. 268
    Amir Khalid says:

    @SiubhanDuinne:
    I am not even certain that Trump intends these words to have meaning. I think it more likely that he just wants to sound disapproving.

    ReplyReply
  269. 269
    TenguPhule says:

    @Sloane Ranger:

    At this stage I don’t care about who’s in the right, I just care about stopping a no deal Brexit any way that works. This is a time for pragmatism.

    Corbyn IS the pragmatic option. The rest of them are asshole vulture shitweasels.

    ReplyReply
  270. 270
    HinTN says:

    @raven: That’s a gorgeous quick shot of the Korean memorial on the Mall. I think it’s power rivals that of the wall of names.

    And, yes, John Prine is a treasure.

    ReplyReply

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *