Reading

Created
Sat, 07/12/2024 - 08:30
I wrote the other day about the Elon and Vivek show planning to cut the so-called “entitlements.” That plan is becoming clearer by the day. Philip Bump writes: Data from the White House Office of Management and Budget indicates that about 12 percent of federal spending this year will be on Medicare, about 1 in 8 dollars the government disburses. Spending on Medicare is equivalent to 95 percent of the amount spent on national defense. This means that those interested in cutting federal spending — like President-elect Donald Trump’s allies (and fellow billionaires) Elon Musk and Vivek Ramaswamy — were almost necessarily going to eventually arrive at the idea that the government should spend less on programs such as Medicare and Medicare specifically. They like to talk about how they will trim federal spending by targeting the federal workforce, but firing every single nonmilitary employee would eliminate only about 4 percent of the budget. If your plan is to cut a third of the budget (as Musk has said he wants to do)? You’ve got to aim higher than that.
Created
Sat, 07/12/2024 - 07:59
Syrian Allies Try To Hold At Homs

So, according to Magnier, who usually knows what he’s talking about when it comes to the Middle East:

Syrian government forces are expected to: 1. Leave Al Bu Kamal, Deir-ezzour, Palmira and stop at al-Qaryateyn to protect Homs. 2. Leave Daraa and retract to the limits of Damascus rural area. That will limit the defence of a larger area to a smaller area, secure Latakia, Tartous, Damascus and Homs.

Meanwhile Israel is considering annexing southern Syria.

Apparently some Iraqi militias Hezbollah forces are at Homs to fight, but HTS is still strong and is very well equipped, including with plenty of drones.

Created
Sat, 07/12/2024 - 07:00
Indiscretions = rape, sexual harrassment, financial mismanagement and serious alcohol use disorder. Roy is not alone in that belief, of course. After all, the man they all worship is guilty of all but the alcohol problem. He’s an adjudicated rapist, fraudster and sexual harrasser. And 75 million or so Americans voted for that so you can’t say that it’s a deal breaker. I don’t know if Hegseth will make it. But I won’t be surprised if he does. He’s a quintessential Republican alpha male.
Created
Sat, 07/12/2024 - 05:17

JEN, QUENTIN, STEPHANIE, and DAVID enter a conference room located deep inside the DC Beltway. DAVID sits in a chair. QUENTIN sits in a chair facing the opposite direction. STEPHANIE throws a chair through the window and sits on the table. JEN picks up a chair and duct tapes it to her back, then sits on STEPHANIE.

DAVID: All right, everyone. I don’t think it’s an exaggeration to say that this is the most important holiday party of our lifetime. Who’s in charge of the food?

STEPHANIE: Joe Biden is in charge of the food.

DAVID: Great. What food is he bringing?

JEN: He’s not bringing any food.

DAVID: What do you mean?

QUENTIN: He didn’t buy or make any food. He’s not bringing any food.

Created
Sat, 07/12/2024 - 04:59
Interest rates settings depend on forecasts of price inflation, wages and unemployment. There is now sufficient evidence to suggest that the Reserve Bank should begin to cut interest rates soon and arguably at its December Board Meeting. The balance of risks if it stays there much longer is that the economy will fall into a Continue reading »
Created
Sat, 07/12/2024 - 04:58
Australia’s vote this week in support of a UN General Assembly resolution aimed at creating an “irreversible pathway” to a Palestinian state caps a year of important symbolic changes by the Albanese Government on this issue. But there is a fatal flaw at the heart of government’s policy of creeping recognition of a Palestinian state: Continue reading »
Created
Sat, 07/12/2024 - 04:56
In Asian media this week: Disaster survivor says she wishes she had died. Plus: Macabre dispute over Pakistan protest deaths; Trump’s new term, crisis time for AUKUS: Martial law becomes South Korea’s democratic moment; Fentanyl America’s problem, says Beijing; Women’s freedom means no going back on population decline This week marks 40 years since the Continue reading »
Created
Sat, 07/12/2024 - 04:00
The corruption this time is going to be epic Last February, as Donald Trump was running for the Republican presidential nomination, he appeared at SneakerCon in Philadelphia to debut his latest branded product, gold sneakers emblazoned with the number 45. They retailed for $399 and reportedly sold out immediately, or at least orders for them did. They ended up going for thousands of dollars on ebay. Nobody knew exactly where these sneakers were made or who was making them but Newsweek reported that the designs were trademarked by  CIC Ventures LLC out of Palm Beach and its managers were two Trump associates. The website states that the company selling the shoes is located in a small town in Wyoming and declares that the shoes “are not designed, manufactured, distributed or sold by Donald J. Trump, The Trump Organization or any of their respective affiliates or principals.” It uses the name, image and likeness under a license agreement. That same company is now selling a new product called “Fight, Fight, Fight” cologne and perfume which sell for $199, also under a license agreement.
Created
Sat, 07/12/2024 - 02:30
“bug-eyed fascist ideologues” We’ve warned plenty here about Christian nationalism, the New Apostolic Reformation, and the Seven Mountains mandate. Considering the Second Coming of Trump already features cabinet nominees associated with efforts to turn our democracy into a theocracy (what’s the big deal about swapping out two letters?), it’s time for another look. Amanda Marcotte this morning offers a hair-raising glimpse at Salon. “You think you ‘know’ what’s in it,” Marcotte introduces it on Bluesky, “but I promise it’s much crazier. I went deep in the research on this. Lots of quotes from Christian nationalists Trump has appointed, and experts.” Plenty of those, but some key points before you click over to read the whole thing: Just because we’ve heard this all before does not mean they are any less of a threat this time around. Believe them the first time. They don’t want to govern; they want to rule. The oligarchs behind Trump are in it for more money and power and because they are Randian adolescents. The Christian nationalists are after dominance with a capital “D.”