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Created
Thu, 11/07/2024 - 00:30
No, not you either Women across the U.S. learned in 2022 that they’d lost control of their bodies when the conservative majority on the Supreme Court overturned Roe. Remember when the prospective justices pledged fealty to stare decisis in their Senate confirmation hearings? Right? Their statements under oath were and are worthless. Because the ends that justify the means with this crowd. Since Donald Trump lost the presidency in 2020, conservative reactionaries have dropped the coy act. They’re saying out loud what they plan to do to America — to you — when they regain control of the White House. SCOTUS just promised Trump king-like immunity for whatever crimes he commits under the color of official acts. He’s drooling. The Lincoln Project is made up of former Republicans. They know their former allies. They created a primer on what’s ahead. Yes, they mean to scare you straight. Straight to the voting booth. John Yoo authored the infamous Bush administration memos that justified torture of prisoners in violation of the Geneva Conventions. Torture wasn’t about the mythical ticking time-bomb scenario.
Created
Wed, 10/07/2024 - 23:00
Pun intended Younger voters might save us after all. CNN caught GenZ Rep. Max Frost (D-FL) Tuesday morning and he, like other younger party electeds, is standing behind Joe Biden: Frost said that he had discussions with young voters, during which he said he heard concerns about Project 2025 — a playbook from the conservative think tank The Heritage Foundation for a potential Trump presidency — not about Biden’s age. Former President Donald Trump has sought to distance himself from Project 2025, claiming he doesn’t know anything about it. Frost added that he plans to head to New Hampshire this weekend to continue engaging with young voters. Frost said he is convinced Biden will secure a second term this November and help Democrats regain control of the House. Why, I don’t know, but electeds like Frost, Alexandria Ocasio-Cortez and other members of The Squad seem not just cooler than some of the old party hands, but have kept cooler heads during the public freakout over Biden’s awful June 27 debate. The Congressional Black Caucus remains committed to Biden. Others who have asked Biden to step aside are accepting that he will not.
Created
Wed, 10/07/2024 - 22:00

When our great-grandfather Seb Ancestor built Ancestor Fields Farm 140 years ago, he was guided by a vision of earth-borne food harvested and passed along to the consumer as naturally as possible. His original dream began with fresh grains and produce handpicked by one of his four wives, straight from Seb’s family to yours.

Six generations later, as Ancestor Fields has grown over the years, we’re happy to say we’re still operating from Seb’s original vision of good food for good people, with only a few changes.

For instance, instead of running on the sweat and blood of Seb’s original four wives, our farm is now worked by eighteen different pairs of hands,1 also belonging to some wives, not all of whom are married to the same man. That’s right, our grains are now harvested by the wives of a small assortment of husbands, as opposed to just one.

Created
Wed, 10/07/2024 - 18:00
Miruna-Daniela Ivan, Joshua Lillis, Eduardo Maqui and Carlos Cañon Salazar Funding markets are crucial for healthy and active financial institutions, and consequently for everyone in the economy. The repurchase agreement (repo) market plays a key role in bank and non-bank financial institutions’ (NBFIs’) daily activities by facilitating short-term financing and risk hedging. In this post, we … Continue reading ‘No one length fits all’ – haircuts in the repo market
Created
Wed, 10/07/2024 - 17:33
It’s Wednesday, which means a few (sometimes unrelated) items are discussed or analysed. Today, we see that real wages in 16 of the 35 OECD countries are still below the pre-pandemic levels, which tells us among other things that the inflationary pressures were not wage induced. Further, a speech yesterday by the Federal Reserve boss…
Created
Wed, 10/07/2024 - 17:00
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July 10th, 2024next

July 10th, 2024: Happy Wednesday!

Created
Wed, 10/07/2024 - 14:05

Or perhaps the leisure society, or the choice society.

As Mark Pontin pointed out, manufacturing is increasingly automated, with one Chinese factory reducing workers by 90%. This is the future and not just in manufacturing.

Whenever you point this out, people panic, scared of the jobs going away, but that’s ridiculous.

If we can produce more with less workers that should be a good thing, not a bad one.

The problem is our insistence on distributing the good, or at least acceptable life thru jobs, a holdover from pre-Industrial revolution times, when every worker was often needed.