“Wine is an appropriate article for mankind, both for the healthy body and for the ailing man.”--Hippocrates The wheels are off the Pirates.
Tariffs are raised. Trump looked like he was talking up the China negotiations on Twitter when the market crashed yesterday. Then the market turned. Was that purposeful? If so, is that right?
The BBC has sacked Danny Baker, saying he showed a "serious error of judgement" over his tweet about the Duke and Duchess of Sussex's baby. The tweet, which he later deleted but which has been circulated on social media, showed an image of a couple holding hands with a chimpanzee dressed in clothes with the caption: "Royal Baby leaves hospital". (BBC) "Error in judgment?" How about "vicious and cruel?" What is wrong with these people?
The Boston Beer Company, Inc and Dogfish Head Brewery announced that the companies have signed a definitive merger agreement, bringing together two pioneering independent Craft breweries and two illustrious founders and brewers, Jim Koch and Sam Calagione. Australia printed 400 million innovative new $50 banknotes ($34.90 in U.S. dollars) in October with slick anti-counterfeiting measures such as a holographic “50" and a flying swan. Alas, the new bill — which is the country’s most popular banknote — also features the word “responsibility” misspelled as “responsibilty” with a missing “i.”
U.S. consumers and businesses are paying more than $900,000 a year for every job saved or created by Trump steel tariffs, according to calculations by experts at the Peterson Institute for International Economics. The cost is more than 13 times the typical salary of a steelworker, according to Labor Department data, and it is similar to other economists’ estimates that Trump’s tariffs on washing machines are costing consumers $815,000 per job created.
Although the Chinese government puts its propaganda on Twitter, it blocks access to Twitter in China.
A study of National Merit Scholarships finalists found that among finalists from five-child families, the first-born was the finalist more often than the other four siblings combined. Firstborns were also a majority of the finalists in two-child, three-child and four-child families. If there is not equality of outcomes among people born to the same parents and raised under the same roof, why should equality of outcomes be expected—or assumed—when conditions are not nearly so comparable?--Sowell The middle class is shrinking, which might make it look like capitalism is failing workers. But the lower class is shrinking, too. Meanwhile, the upper class is bigger than it has ever been. About 28% of households now make more than $100,000 per year, more than double the rate of 40 years ago. More than half of Americans will be part of the top 10% of earners at some point in their lifetimes. According to BLS data for the first quarter of 2019, the median weekly earnings for Asian women of $1,017 was 98.5% of the median earnings for white men of $1,033 and 123% of the median earnings for white women. In other words, the gender earnings gap for Asian women compared to white men was only -1.5% during the first quarter, and the gender earnings premium for Asian women compared to white women was a whopping +23%. This looks like de facto discrimination.
On this day in 1940, Winston Churchill, First Lord of the Admiralty, was called to replace Neville Chamberlain as British prime minister following the latter’s resignation after losing a confidence vote in the House of Commons.
Some charts: Discrepancy between expected and demonstrated stats are prima facie evidence of bigotry:
And this from Philip Carl Salzman, obviously a vicious misandrist:
"To treat gross census categories as if the only possible difference between categories is power flies in the face of everything we know about human cultures. Different cultures, or racial and gender sub-cultures, convey different assumptions, beliefs, values, and goals. It is undeniable that some cultures strongly encourage education and entrepreneurship, while other cultures are less oriented in those directions.
The great racial injustice claimed by “social justice” enthusiasts is an artifact of demanding equality of results in all areas of life, and labeling as “institutional racism” the lack of equality of results. But results in each field come from motivations, capacities, and dedication, and the choices that individuals and members of populations make. Claiming that differential results is solely, or even mainly a result of racism is an injustice to people’s choices and contributions, and a denial of truth and reality."
Natural gas production:
America, the world’s No. 1 producer of natural gas, produced a record volume of natural gas last year at 37 trillion cubic feet, which was an 11% increase from 2017, the largest percentage increase since 1951. The Quants are invading basketball:
3-point shots go in 36 percent of the time and 10-foot 2-point shots go in just 40 percent of the time. If that is true, shooting will change.
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