Saturday, January 20, 2018

Reverie

Capitalism turns luxuries into necessities. Socialism turns necessities into luxuries.--someone


The annual shutdown of the government has arrived like a winter cold. The only real job we have is who to blame. Last time, with the republicans necessary to pass the bill we blamed them. We'll have to wait and see this time.

The Hoover Institute has an interesting article on American Indian tribes and their relationship with the federal government.There is an argument that there is a purposefully planned decline in federal control over the separate tribal nations.
"What we are observing in North America’s indigenous communities has been called a “renaissance in tribal self-governance” and an “economic civil rights movement.” Put another way, the devolution of power from the Feds to tribes is an experiment in federalism and decentralization—one that appears to be working. The innovation emerging on reservations in the United States can unlock many untapped resources for Native Americans. For example, undeveloped energy resources on tribal lands could generate nearly $1 trillion in revenues for tribes and surrounding communities. American Indians and Alaska Natives also have an untapped labor pool with a median age of 26, compared to 37 for the United States.
The Crow Reservation in Montana, one of the largest coal owners in the world, sitting atop mineral assets valued at $27 billion. As Shawn Regan and Terry Anderson explain, the Crow, like other tribes, are required to obtain approval from the Secretary of Interior before developing their land and natural resources. Without clear jurisdiction over their land and resources, the Crow’s coal generates little revenue and does little to reduce the 78 percent unemployment rate.
78%!
  
A bride on TV referred to her maid-of-honor as her "person-of-honor." I recently was asked by a waiter when I ordered turkey, "Dark or light?"


The"Watch!" gospel  theme always unsettles me. The image is always the same: A lord of the manor goes away and the servants do not know when he will return. So we are to anticipate the return of Christ at any moment. But the metaphor makes it sounds as if God is busy doing something else, preoccupied with something. What? It is a big universe, I know, but....


Trouble among the appointed righteous: Special Counsel Robert Mueller's top FBI investigator into 'Russian meddling' and Clinton emails has been removed from the probe reportedly due to the discovery of anti-Trump text messages exchanged with a colleague (who he happened to be having an extra-marital affair with).




The Argentinian sub may have had an exhaust leak failure which drowned the overcharging batteries and resulted in a hydrogen explosion and breach of the hull leading to implosion.



HealthDay reports on a review of over 200 studies published in the BMJ finding that “drinking three to four cups of coffee a day is not only safe for most people, it might protect against heart disease or an early death.” Coffee drinking was also associated with “a lower risk for developing prostate, endometrial, skin and liver cancers, type 2 diabetes, liver disease, gout, gallstones and dementia.”
It would be difficult to find any plausible argument for supposing that gold will weaken in dollar terms in the 1980s.
~The Times of London, 12/12/79. Gold peaked 40 days later at $875, collapsed, and then trended gently down throughout the 1980s.

In a press release, the France unit of the Association for the Taxation of Financial Transactions and Citizen's Action organization (Attac) said one hundred of their members occupied the Opera Apple store in Paris. They chanted "Pay your taxes" but apparently had other motives as well. Attac said the action was part of the #PhoneRevolt movement aimed at highlighting unfair practices by Apple, that are not just about taxes, but also pollution via extraction of metals for its phones, worker exploitation and driving a global consumption binge.--From Marketwatch



The Department of Homeland Security (DHS) has released its findings on the immigration status of federal prison inmates, as mandated in a controversial Executive Order signed during the President Trump's first week in the White House.  The report reveals that of the 37,557 confirmed immigrants in the federal prison system, 35,334 (94%) of them are in the United States illegally - which means out of a total of 185,507 federally incarcerated individuals, over 19% are confirmed illegal immigrants - which, in 2014, cost U.S. taxpayers  almost $2 billion to house. The inaccuracy they admitted is that many others might be illegal but cannot be proven. And, of course, being illegal itself might lead to incarceration.
A picture of one of our fellow would-be citizens:




Why, given your understanding that government regulations on Americans’ commerce with other Americans often produce effects that are harmful, do you believe that government regulations on Americans’ commerce with non-Americans often produce effects that are helpful?  Why, given your recognition that economic activity is distorted and debilitated by high taxes called “taxes,” do you suppose that economic activity is improved and invigorated by high taxes called “tariffs”?  Why, given that you distrust bureaucrats with power to superintend Americans’ choices in the domestic economy, do you trust bureaucrats with power to superintend Americans’ choices in the global economy? (letter to editor at wsj)




 



Among the most persistent myths of modernity is that political elections are a means at least as sound as are competitive markets for eliciting, processing, and distributing to all concerned parties accurate knowledge of individuals’ preferences.--Bordeaux





Golden oldie:






"… it is the connexion between signifier and signifier that permits the elision in which the signifier installs the lack-of-being in the object relation using the value of ‘reference back’ possessed by signification in order to invest it with the desire aimed at the very lack it supports." This was written by the French psychoanalyst Jacques Lacan who was and is a very influential thinker. But, as Roger Scruton writes in his essay on cultural fakery, "Yet it is surely clear that these sentences are nonsense."
And this kind of nonsense is possible only with the active participation of an intellectual class that is both unserious and non-responsible. Or afraid of declaring the Emperor is naked.

The British health watchdog NICE is to recommend that vaginal mesh operations should be banned from treating organ prolapse in England according to the BBC. Draft guidelines from NICE say the implants should only be used for research - and not routine operations.
One expert said it is highly likely the NHS will take up the recommendation although the organization is not compelled to act on findings it receives from NICE.

A 49-year-old Wall Street private equity manager was killed by a tiger shark while diving with a group off a Costa Rican island, according to officials. Rohina Bhandari, 49, who lived in the Upper East Side, suffered fatal bites to both her legs Thursday while off diving with a group near Cocos Island, a national park about 300 miles off the Costa Rican mainland, the environment ministry said in a statement.
Rohina Bhandari sustained severe bites to her legs in the attack off the coast of Costa Rica Credit: Getty


Clinician denial of some types of patients' requests was associated with worse patient satisfaction with the clinician, but not for others, when compared with fulfillment of the requests. The specifics are missing but I will bet the requests usually involved opiates and/or disability. 




In recent decades a charming and imaginary history of that outcome has been written.  Its theme is that giving capitalist firms a monopoly somehow energized them.--Wesleyan University economic historian Stanley Lebergott



CVS agreed to buy Aetna for about $69 billion in cash and stock in a move to transform the pharmacy company and capture more of what consumers spend on health care. (wsj)


steeleydock.blogspot.com
The Maunder Minimum is the title given to periods of time when sunspots are rare. It last occurred between 1645 and 1715, when roughly 50 s...

AAAAAaaaannnnnnddddd.....a picture:

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