Reading
Alex Williams recently wrote “What Is ‘Core PCE Services Ex-Housing’ Anyway?,” which dissects the measure that the Fed is using to get a handle on “underlying” inflation. The most interesting bit (for me) is that about 1/4 of this measure is an imputed price index, based on wages. This means that this component will track wages (giving a convenient analytical relationship) by definition.
The logic of following this measure is that the Fed convinced itself that the core (ex-food and and energy) personal consumption expenditure is the best measure of “underlying” inflation, but it turns out that the housing part of that has construction issues (too smoothed to pick up current events), and so they wanted to strip that out of the measure.
The poetry of Alex Dimitrov stays in the present. It’s the essence of contemporary. A living voice, an urbane voice, overstimulated and sweet and stylish and aware. To say it’s talkative is only to highlight the point, and point to its tradition, which is very old, older than the New York poets who embodied it, James Schuyler and Frank O’Hara and others: it’s as old as the intimate cutting voice of Catullus or the troubadours of Galicia. New York is not so much the subject of Dimitrov’s work—particularly true in his latest collection, Love and Other Poems—so much as its raison d’être. Even a poem like “New York,” a catalog of places in New York the speaker has cried in, is a love poem to “the best city to cry in.” Dimitrov’s voice is casual, open aesthete, open-hearted in a way that doesn’t forgo acid worldliness. No one could call his lines naïve, and yet they record—almost can’t help themselves—moments of awe, happiness, painful clarity, or, the beauty of true feeling, up or down. In that sense, Dimitrov is a first-class artist of the art of feeling, of giving a mood a shape in language.
On 13 January 2023, the London-based organisation Index on Censorship named Mexican President Andrés Manuel López Obrador its Tyrant of the Year for 2022. ‘While competition was tough, one leader surged ahead, by a mile in fact,’ insists the accompanying text, which goes on to recite a series of justifications for the designation, including violence […]
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Your eyes dance, and you gesture wildly as you tell me and two others about a recent rock climbing trip. Unfortunately, this seems to have all the makings of a multi-minute anecdote. But one thing keeps me from walking away: the opportunity to top your story with one of my own.
The moment you uttered the phrase “rock climbing,” it was over. I got the gist of things right then and there. So while you go on and on about a multi-day ordeal on a mountain range and some sort of bear encounter, I mentally retrieved a story from years ago that will eclipse everything you’re sharing right now. The bear thing may prove hard to outdo, sure, but I’ll get it done, even if it takes some light embellishing.
Though it’s been about ninety seconds since I tuned you out, I smile encouragingly and slightly shake and nod my head at what I assume are the appropriate times. It’s the polite thing to do, and I’m a polite guy. Despite these efforts, closer scrutiny of my face would reveal that my smile is all mouth, and my eyes betray a desire to fast-forward you.
Brazil, Argentina, and Colombia have refused to send weapons to Ukraine, despite pressure by the US and EU. Latin American left-wing leaders have urged peace with Russia and called for neutrality in the West’s new cold war.
The post Latin America Refuses To Send Ukraine Weapons, Despite Western Pressure appeared first on scheerpost.com.
Dissident commentary about Ukraine that was still published in major Western news outlets in 2014 is entirely gone because these publications have turned to full-fledged war propaganda.
The post Caitlin Johnstone: What the MSM Can No Longer Say appeared first on scheerpost.com.
How overclassification fails us and harms national security.
The post The Original Sin Is We Classify Too Much appeared first on scheerpost.com.
When numbers are a mixed bag, deciding whether to frame them positively, negatively or neutrally is a deliberate editorial decision.
The post As Unions Gain 273,000 Members, Media Opt for Gloomy Headlines appeared first on scheerpost.com.
- by Aeon Video
- by Sarah Chaney