Sunday, November 20, 2022

UK: Labour leader vows to abolish House of Lords

Keir Starmer will abolish the House of Lords and replace it with a new elected chamber as part of plans to “restore trust in politics”, the Observer understands.

In a sweeping constitutional overhaul, the Labour leader has told the party’s peers that he wants to strip politicians of the power to make appointments to the Lords as part of the first-term programme of a Labour government. Starmer said that the public’s faith in the political system had been undermined by successive Tory leaders handing peerages to “lackeys and donors”.

It is understood that Labour will hold a consultation on the composition and size of a new chamber as well as immediate reforms to the current appointments process. Final proposals will be included in the party’s next election manifesto.

Read the rest here.

Interesting that there was none of this bleating when Tony Blair was packing the Lords with Labour peers during his long tenure. 

Wednesday, November 16, 2022

No.

To paraphrase Voltaire after he attended an orgy, once was an experiment, twice would be perverse.

A bruised Donald Trump announced a new presidential bid on Tuesday night, an invitation to double down on the outrages and failures of the last several years that Republicans should reject without hesitation or doubt.

To his credit, Trump killed off the Clinton dynasty in 2016, nominated and got confirmed three constitutionalist justices, reformed taxes, pushed deregulation, got control of the border, significantly degraded ISIS in Syria and Iraq, and cinched normalization deals between Israel and the Gulf states, among other things. These are achievements that even his conservative doubters and critics — including NR — can acknowledge and applaud.

That said, the Trump administration was chaotic even on its best days because of his erratic nature and lack of seriousness. He often acted as if he were a commentator on his own presidency, and issued orders on Twitter and in other off-the-cuff statements that were ignored. He repeatedly had to be talked out of disastrous ideas by his advisers and Republican elected officials. He turned on cabinet officials and aides on a dime. Trump had a limited understanding of our constitutional system, and at the end of the day, little respect for it. His inability to approximate the conduct that the public expects of a president undermined him from beginning to end.

The latter factor played an outsized role in his narrow defeat to a feeble Joe Biden in 2020 in what was a winnable race. Of course, unable to cope with the humiliation of the loss, he pursued a shameful attempt to overturn the result of the election. He didn’t come close to succeeding, but it wasn’t for lack of trying. The episode ended with Trump, in a grotesque abuse of his powers, trying to bully Vice President Pence into unilaterally delaying or changing the count of electoral votes on January 6 and with an inflamed pro-Trump mob storming the Capitol while the president gave no indication that he particularly minded.

In the midst of this, he threw away two Georgia Senate seats in a fit of pique over Governor Brian Kemp and Secretary of State Brad Raffensperger refusing to bend to his will. The resulting loss of Senate control allowed Biden to get trillions of dollars in spending that he wouldn’t have gotten otherwise and confirm large numbers of progressive judges.

Read the rest here.

Sunday, November 13, 2022

Peggy Noonan on the recent election's implication for the GOP

...On the outcome as we know it: The MAGA movement and Donald Trump took it right in the face. Normal conservatives and Republicans fared well. Trump-endorsed candidates went down. Everyone knows the famous examples—Doug Mastriano in Pennsylvania, Don Bolduc in New Hampshire, Tudor Dixon, who lost by 10 points in Michigan. All embraced Mr. Trump, some sincerely, many opportunistically, all consistently. A Hollywood director once said of pragmatic choices, and we paraphrase, that it’s one thing to temporarily reside up someone’s organ of elimination but it’s wrong to build a condo up there, people will notice and get a poor impression. That’s sort of what happened.

Less noticed so far: In Michigan, Democrats flipped both chambers of the Legislature. Republicans lost the state Senate for the first time in almost 40 years. Trump-backed candidates lost big races. The nonpartisan Bridge Michigan said the election should be “a wake-up call for the GOP to move on from Donald Trump’s obsessive quest to re-litigate his 2020 loss.” Jason Roe, a former head of the state party, said the GOP can continue to tilt at windmills or win elections, and if it does the former, “it’s gonna be a rough decade ahead of us.”

Ronna McDaniel, head of the Republican National Committee, lives in Michigan. Think she noticed?

On the other hand Team Normie pretty much flourished east to west. Gov. Chris Sununu in New Hampshire won by 15 points, Gov. Brian Kemp of Georgia by more than 7, and of course Gov. Ron DeSantis of Florida by nearly 20.

The weirdness of the Trump candidates—their inexperience and fixations, their air of constant yet meaningless conflict, their sheer abnormality—asked too much of voters, who said no.

On Mr. Trump himself, everything has been said, including in this space for a long time. An esteemed Tory political figure summed it up succinctly in London in August: “Donald Trump ruined the Republican Party’s brand.”

It will now stick with him or not. It will live free or die.

If, in 2024, Republicans aren’t serious about policy—about what they claim to stand for—they will pick him as their nominee. And warm themselves in the glow of the fire as he goes down in flames. If they’re serious about the things they claim to care about—crime, wokeness, etc.—they’ll choose someone else and likely win.

Read the rest here.

A few issues I see going forward. Trump is going to run. Period. His ego won't allow him not to. And with Trump, it's always about him. If he is denied the nomination, he will almost certainly reject the results and divide the party. He would rather burn the GOP to the ground than concede defeat. And yes, he can do that. He still retains a very sizeable number of supporters whose loyalty can only be described as quasi-religious. 

If he wins the nomination, he is all but certain to go down in flames. Again.

Beyond all of this, the Democrats now have a boogey man that may help them win elections for who knows how long. Trump has become their new Herbert Hoover. After his defeat in 1932, the Democrats ran against Hoover for the next 30 years, with a great deal of success. Every GOP candidate going forward is likely to be tarred as a Trumpist, irrespective of how true it is. And if they try to deny it, then they will risk the wrath of the MAGA wing of the party. 

Lastly, there is the "what if" question surrounding Trump's legal problems. By my count there are at least four criminal investigations and countless civil suits where he is either a target or a person of interest. Of the four criminal cases, one, the Manhattan DA's fraud case appears to have stalled with the DA signaling that he is not ready to pull the trigger on an indictment. The DOJ's January 6 investigation is cloaked in secrecy, and nobody seems to really know where that is going. The Fulton County DA in Georgia has indicated that she is hoping to wrap up the special grand jury by the year's end. So, if indictments are coming, that could be fairly soon. 

But Trump's greatest peril appears to lie in what is being dubbed document-gate. Even some of the most solidly trumpian commentators and legal experts are acknowledging that if the DOJ really wants to nail him, the evidence that Trump effectively stole large numbers of US government documents, including state secrets of the highest level, and repeatedly lied about it to the Feds, is overwhelming. 

And his response has not helped. The usual barrage of lies, accusations of witch-hunts (his favorite term), and official misconduct without evidence are not having much effect beyond seeming to put a chip on his shoulder and daring the DOJ to indict him. 

I think the next six months are going to be very interesting times, in the sense of the Chinese proverb. 

Friday, November 11, 2022

A short reflection on bad bishops

One Year Ago, the Crypto-Con Peaked: Since then, $2 trillion has been wiped out.

A year ago this week, investors were describing bitcoin as the future of money and ethereum as the world’s most important developer tool. Non-fungible tokens were exploding, Coinbase
 was trading at a record and the NBA’s Miami Heat was just into its first full season in the newly renamed FTX Arena.

As it turns out, that was peak crypto.

In the 12 months since bitcoin topped out at over $68,000, the two largest digital currencies have lost three-quarters of their value, collapsing alongside the riskiest tech stocks. The industry, once valued at roughly $3 trillion, now sits at around $900 billion.

Rather than acting as a hedge against inflation, which is near a 40-year high, bitcoin has proven to be another speculative asset that bubbles up when the evangelists are behind it and plunges when enthusiasm melts and investors get scared.

And the $135 million that FTX spent last year for a 19-year deal with the Heat? The crypto exchange with the naming rights is poised to land in the history books alongside another brand that once had its logo on a sports facility: Enron.

Read the rest here.

Thursday, November 10, 2022

Quote of the day...

“I don’t watch Game of Thrones. I certainly don’t want to play it at work.”

-Marianne Fogarty former Chief Compliance Officer at Twitter who resigned today

Monday, November 07, 2022

The Big One is Coming and the US Military Isn't Ready

Russia’s invasion of Ukraine revealed the fading power of America’s military deterrent, a fact that too few of our leaders seem willing to admit in public. So it is encouraging to hear a senior flag officer acknowledge the danger in a way that we hope is the start of a campaign to educate the American public.

“This Ukraine crisis that we’re in right now, this is just the warmup,” Navy Admiral Charles Richard, commander of U.S. Strategic Command, said this week at a conference. “The big one is coming. And it isn’t going to be very long before we’re going to get tested in ways that we haven’t been tested” for “a long time.”

How bad is it? Well, the admiral said, “As I assess our level of deterrence against China, the ship is slowly sinking. It is sinking slowly, but it is sinking, as fundamentally they are putting capability in the field faster than we are.” Sinking slowly is hardly a consolation. As “those curves keep going,” it won’t matter “how good our commanders are, or how good our horses are—we’re not going to have enough of them. And that is a very near-term problem.”

Note that modifier “near-term.” This is a more urgent vulnerability than most of the political class cares to recognize.

Adm. Richard noted that America retains an advantage in submarines—“maybe the only true asymmetric advantage we still have”—but even that may erode unless America picks up the pace “getting our maintenance problems fixed, getting new construction going.” Building three Virginia-class fast-attack submarines a year would be a good place to start.

The news last year that China tested a hypersonic missile that flew around the world and landed at home should have raised more alarms than it did. It means China can put any U.S. city or facility at risk and perhaps without being detected. The fact that the test took the U.S. by surprise and that it surpassed America’s hypersonic capabilities makes it worse. How we lost the hypersonic race to China and Russia deserves hearings in Congress.

Read the rest here. 

Sunday, November 06, 2022

Man of God

Well worth watching and highly recommended. Unfortunately, I can't embed the video. But you can watch it here.

Friday, November 04, 2022

A Royal Zinger

‘With its raw, unflinching honesty, Spare is a landmark publication full of insight, revelation, self-examination and hard-won wisdom about the eternal power of love over grief.’ This prepublication blurb for Prince Harry’s forthcoming memoir – a friend thinks that Entitled would have been a better title than Spare – could hardly promise more.

Yet while it’s likely to be better than many celebrity memoirs – Penguin have employed JR Moehringer, who ghosted Andre Agassi’s excellent Open, to do the writing – it’s hard to know why the rest of the royal family are reportedly so nervous about its contents. Unless he’s going to spill the beans on their various sexual preferences. Because everything else Harry is likely to say we already know. That his father was a bit emotionally remote, he was deeply affected by the death of his mother, he lost his way in his 20s, he deeply regrets dressing up in Nazi uniform, Meghan taught him how to love again, various members of the royal family are a bit racist, Prince William has turned against him, he loves his rescue battery hens and he was very hurt not to be allowed to wear military uniform at the Queen’s funeral comes as no surprise.

Unless I’m missing something, what really would be a revelation would be for Harry to admit that, all things considered, he’s led a rather cushy, privileged life and if one of the worst things that happened to him was that he was born only second in line to the throne, then he might have done better not to have taken a reported £20m for a four-book deal – does anyone want to read Harry on leadership and wellness? – and to have sucked it up and not made such a fuss.


FWIW: My views on the royal brat can be found here.

You Can Thank the Fed for Boosting the Powerball Jackpot



The Federal Reserve is boosting the Powerball jackpot without even buying a ticket.

Since there was no winner in Wednesday night’s drawing, the Powerball prize rose to $1.5 billion, the third-largest lottery jackpot in U.S. history. It is a substantially bigger prize than a year ago, before the Fed began raising interest rates this year to tame inflation. That is because the advertised jackpot is the future value of the prize after being invested in government bonds over 30 years.

Higher interest rates mean bigger lottery jackpots. Larger prizes tend to entice more people to buy tickets, said J. Bret Toyne, executive director of the Multi-State Lottery Association, which runs Powerball.

“While some businesses might suffer from rising interest rates, for lottery games that have annuity for the prizes, it is more of a tailwind,” he said.

Here is how it works: 34% of Powerball ticket sales fund the big jackpot, said Mr. Toyne, with another 16% going to the lower-tier prizes. (The other 50% goes to various state programs, operating costs, and retailer commissions.) If a winner chooses a lump sum payout, the person gets that 34%. If instead the person takes the jackpot in annual payments over 30 years, the prize money is invested in a portfolio of bonds.

The Federal Reserve on Wednesday lifted interest rates by another 0.75 percentage point in Chairman Jerome Powell’s quest to tamp down inflation. The central bank’s benchmark federal-funds rate now sits in a range between 3.75% and 4%.

For the next drawing Saturday, the cash set to be available in the jackpot is more than $745 million, according to Powerball. That would be the lump-sum prize. But lottery officials advertised the total jackpot as $1.5 billion, the estimated value of the bond investments.

No winner has chosen the annuity since 2014, according to lottery records.

Economists say it is better for winners to take the lump sum so they can invest it with the intention of earning a better return on the cash. The potential downside of choosing the lump sum over annual payments is the greater risk of losing the money.

“The advertised jackpot is kind of a deception,” said Victor Matheson, an economics professor at College of the Holy Cross.

Still, the allure of a 10-figure jackpot has drawn in more bettors.

Economists who have researched lotteries say that once jackpots reach around $500 million, non-regular lottery players are more likely to jump into the game. That figure is also the value that tends to draw increased media attention.

Read the rest here.

The lottery is of course, a racket. But it can be amusing. For a couple bucks you can daydream about what you would do with an unimaginable amount of money. That said, the annuity is an advertising gimmick. The true value of the lottery is always the current cash value (before taxes). 

Monday, October 31, 2022

Seasonal entertainment

In case anyone is in the mood for a good chiller, I can reccomend this classic from 1977. The BBC adaptation starring the late Louis Jourdan is widely regarded as the most faithful to the original work by Bram Stoker.

Monday, October 24, 2022

UK: Most children who think they’re transgender are just going through a ‘phase’

Most children who believe that they are transgender are just going through a “phase”, the NHS has said, as it warns that doctors should not encourage them to change their names and pronouns.

NHS England has announced plans for tightening controls on the treatment of under 18s questioning their gender, including a ban on prescribing puberty blockers outside of strict clinical trials.

The services, which will replace the controversial Tavistock clinic, will be led by medical doctors rather than therapists and will consider the impact of other conditions such as autism and mental health issues.

The plans, which are currently under public consultation, are for an interim service for young people with gender dysphoria whilst Dr Hilary Cass continues her review into the treatment offered by the NHS.

They note that there is a need to change the services because there is currently “scarce and inconclusive evidence to support clinical decision-making”.

NHS England says that the interim Cass Report has advised that even social transition, such as changing a young person’s name and pronouns or the way that they dress, is not a “neutral act” that could have “significant effects” in terms of “psychological functioning”.

Parent groups and professionals have long raised concerns that NHS medics have taken an “affirmative” approach to treating children, including using their preferred names and pronouns.

The proposals say that the new clinical approach will for younger children “reflect evidence that in most cases gender incongruence does not persist into adolescence” and doctors should be mindful this might be a “transient phase”.

Instead of encouraging transition, medics should take “a watchful approach” to see how a young person’s conditions develop, the plans state.

Read the rest here. (paywalled)

Sunday, October 23, 2022

Rishi Sunak Likely to be the Next Prime Minister of the UK

It appears that he has all but locked it up and will be the fifth PM in the last six years (if you're keeping track). On which note; the Conservatives better get their act together. When people are making unfavorable comparisons between your party's track record of governance and Italy, that's not a great look. A general election must be called not later than two years from now. And according to current polls, if that election were being held in the here and now, the Tories would be in for a severe thumping. 

Wednesday, October 19, 2022

Trump Signed Sworn Statement After Lawyers Warned It Was False


A federal judge on Wednesday ordered the release of emails from John Eastman, a former Donald Trump attorney, to House investigators, saying the communications were made in furtherance of a crime related to Trump’s efforts to subvert the 2020 election.

“The emails show that President Trump knew that the specific numbers of voter fraud were wrong but continued to tout those numbers, both in court and to the public,” Judge David O. Carter wrote.

“The Court finds that these emails are sufficiently related to and in furtherance of a conspiracy to defraud the United States,” he added.

Carter, who sits on the federal district court in central California, already released many of Eastman’s emails from around January 2021 to the House select committee investigating the US Capitol attack, but the two sides were still arguing over 562 additional documents from Eastman’s Chapman University email account.

For eight of the 500-plus Eastman documents the judge was examining, the judge said that the materials could be released because they fit in the so-called crime-fraud exception, which allows disclosure of otherwise privileged materials if the communications were related to or in furtherance of illegal or fraudulent conduct.

Four of the documents were from email threads discussing prospective election litigation. In them, Carter wrote, “Dr. Eastman and other attorneys suggest that – irrespective of the merits – the primary goal of filing is to delay or otherwise disrupt the January 6 vote.”

Carter’s new order cited one email where Trump’s attorneys state that “merely having this case pending in the Supreme Court, and not ruled on, may be enough to delay consideration of Georgia.”

“This email, read in context with other documents in this review, make clear that President Trump filed certain lawsuits not to obtain legal relief, but to disrupt or delay the January 6 congressional proceedings through the courts,” the ruling stated.

“The Court finds that these four documents are sufficiently related to and in furtherance of the obstruction crime,” it adds.

Read the rest here.
(I was going to link this news item at Fox News, but as of this posting Fox does not appear to be covering the story.)

Monday, October 17, 2022

Supreme Court Leaves Controversial "Insular Cases" Intact

The Supreme Court on Monday declined to consider whether American Samoans have full U.S. citizenship at birth, a dispute that would have given the justices the opportunity to repudiate past rulings suffused with racist language that helped determine that those in U.S. territories would not have the same rights as other Americans.

A group of American Samoans challenging the current law, in which people from the group of islands in the Pacific Ocean are considered U.S. “nationals” at birth but not citizens, say it is a vestige of racist policies toward territories. They say that the Justice Department, in defending the law, and an appeals court, in upholding it, relied upon the so-called “Insular Cases,” a series of long-criticized early 20th century Supreme Court rulings. The Supreme Court’s decision not to hear the case means the lower court ruling remains in place.

The challenge was brought by three American Samoans who live in Utah: John Fitisemanu, Pale Tuli, and Rosavita Tuli, as well as the Southern Utah Pacific Island Coalition, an advocacy group based in Utah.

“The subordinate, inferior non-citizen National status relegates American Samoans to second-class participation in the Republic," the challengers’ lawyers say in court papers. They note for example, that U.S. nationals cannot run for president or serve in Congress. If living in a state, they cannot vote and are barred from certain occupations.

U.S. nationals can live and work anywhere within the United States and can travel under a U.S. passport, although the challengers’ lawyers note that their passports include a statement saying “NOT A UNITED STATES CITIZEN,” which they say carries a stigma. U.S. nationals can apply for full U.S. citizenship via an expedited process.

American Samoa, with a population of around 50,000, is one of five U.S. territories, the others being Puerto Rico, Guam, the Virgin Islands and the Norther Mariana Islands. Puerto Rico, with about 3 million residents, is by the far the largest by population.

American Samoa is the only territory to which Congress has not extended birthright citizenship. No residents of territories can vote in presidential elections or elect voting members to Congress.

The Insular Cases were a series of rulings issued in the 1900s soon after the United States had acquired Puerto Rico and other territories in which the court said people in those jurisdictions did not have all the same constitutional rights as those living in the mainland.

Read the rest here.

Saturday, October 15, 2022

"It was as if time stood still."



(CNN) — For years, several vintage Orient Express train carriages lay, forgotten, at a small railway station on the border between Poland and Belarus called Malaszwewicze.

One day in 2015, French railway fan Arthur Mettetal spotted the distinctive blue carriages in a YouTube video, kickstarting a journey across Europe to track down the lost trains.

Hospitality group Accor purchased the rediscovered carriages and enlisted Parisian architect Maxime d'Angeac to meticulously restore them, ready for operation on a Paris to Istanbul rail route that's set to operate from 2025.

The first glimpse of the renovated interiors suggest a glamorous travel experience combining Art Deco glamor with modern luxury.

Read the rest here with images.