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BAIRNEW YORK
The budget forecasts that revenue as a share of GDP will average 19.3% between 2022 and 2031. Revenue has averaged 17.3% since 1970 and has only exceeded 19% of GDP in five years since World War II." ContinueReading.
MOONSHOT FOR MEATLESS MEAT :: THE FUTURE OF CAPITALISM Moonshot for Meatless Meat. New York Times opinion columnist Ezra Klein has an article headlined " Let's Launch a Moonshot for Meatless Meat ." The crux of his argument is here: There have been remarkable strides made in plant-based meat — witness the success of Beyond Meat and Impossible Foods — and milks. ATUL GAWANDE ON THE CORONAVIRUS :: THE FUTURE OF CAPITALISM Atul Gawande on the Coronavirus. Author and surgeon Atul Gawande writes in the New Yorker of hopeful news from Hong Kong and Singapore: this coronavirus, even though it appears to be more contagious than the flu, can still be managed by the standard public-health playbook: social distancing, basic hand hygiene and cleaning, targeted isolation DAVID BROOKS VERSUS THE NEW YORK TIMES :: THE FUTURE OF David Brooks Versus the New York Times. "Achieving Biden's Goals Demands Transformation of American Way of Life," a New York Times news section headline declares. If you liked the American Way of Life pretty much pre-Biden, this might seem threatening or ominous, though if you viewed the American way of life as in need of transformation,you
ORGANIC FOOD AS A RACIST PLOT :: THE FUTURE OF CAPITALISM Organic Food as a Racist Plot. Indeed, there's a troubling historical connection between organic food and white ethnonationalism, drawing on the language of purity and a gauzy, idealized notion of a nativist relationship to the land, which must be kept unsullied by industrial pesticides or "foreign substances," in the words of the Nazi HONG KONG AND CAPITALISM :: THE FUTURE OF CAPITALISM A recent Bloomberg View column described Hong Kong as "a case study in the flaws of one brand of capitalism." What brand of capitalism? "Finance-driven capitalism," the column says, or "laissez-faire" and "the Anglo- Saxon economic model," explaining that "The free-market crowd adores the city for its low taxes, unrestricted entry of foreign capital and rule of law." VANGUARD EXECUTIVE COMPENSATION :: THE FUTURE OF CAPITALISM Vanguard, the mutual-fund-shareholder-owned mutual fund company with $1.3 trillion under management, won't disclose to its owner-shareholders how much money is paid to the top executives at the company they supposedly own. Here's a recent post on the SLOAN KETTERING CEO CRAIG THOMPSON'S $6.7 MILLION PAY The business section of today's New York Times carries an article written and reported in collaboration with ProPublica reporting that the CEO of Memorial Sloan Kettering Cancer Center in New York, Craig Thompson, is quitting the boards of two for-profit companies.. The Times reports: Dr. Thompson has served on the board of Merck, the maker of the blockbuster cancer drug Keytruda, THOMAS SOWELL ON RACE AND RED-LINING :: THE FUTURE OF Thomas Sowell on Race and Red-Lining. Thomas Sowell's new column: "It so happens that whites were turned down for mortgage loans at a higher rate than Asian Americans, but that fact seldom made it into the newspaper headlines or the political rhetoric. Nor did either the mainstream media or political leaders mention the fact thatblack-owned
WASHINGTON MUTUAL SETTLEMENT: SOME SHAREHOLDERS GET Washington Mutual Settlement: Some Shareholders Get Nothing! Reader comment on: FDIC WaMu Lawsuit Submitted by WeissRatings.com (United States), Apr 9, 2012 16:14. Washington Mutual Settlement: Some Shareholders Get Nothing! THE FUTURE OF CAPITALISMARCHIVESABOUTHOW TO HELPMAILING LISTSHEILABAIRNEW YORK
The budget forecasts that revenue as a share of GDP will average 19.3% between 2022 and 2031. Revenue has averaged 17.3% since 1970 and has only exceeded 19% of GDP in five years since World War II." ContinueReading.
MOONSHOT FOR MEATLESS MEAT :: THE FUTURE OF CAPITALISM Moonshot for Meatless Meat. New York Times opinion columnist Ezra Klein has an article headlined " Let's Launch a Moonshot for Meatless Meat ." The crux of his argument is here: There have been remarkable strides made in plant-based meat — witness the success of Beyond Meat and Impossible Foods — and milks. ATUL GAWANDE ON THE CORONAVIRUS :: THE FUTURE OF CAPITALISM Atul Gawande on the Coronavirus. Author and surgeon Atul Gawande writes in the New Yorker of hopeful news from Hong Kong and Singapore: this coronavirus, even though it appears to be more contagious than the flu, can still be managed by the standard public-health playbook: social distancing, basic hand hygiene and cleaning, targeted isolation DAVID BROOKS VERSUS THE NEW YORK TIMES :: THE FUTURE OF David Brooks Versus the New York Times. "Achieving Biden's Goals Demands Transformation of American Way of Life," a New York Times news section headline declares. If you liked the American Way of Life pretty much pre-Biden, this might seem threatening or ominous, though if you viewed the American way of life as in need of transformation,you
ORGANIC FOOD AS A RACIST PLOT :: THE FUTURE OF CAPITALISM Organic Food as a Racist Plot. Indeed, there's a troubling historical connection between organic food and white ethnonationalism, drawing on the language of purity and a gauzy, idealized notion of a nativist relationship to the land, which must be kept unsullied by industrial pesticides or "foreign substances," in the words of the Nazi HONG KONG AND CAPITALISM :: THE FUTURE OF CAPITALISM A recent Bloomberg View column described Hong Kong as "a case study in the flaws of one brand of capitalism." What brand of capitalism? "Finance-driven capitalism," the column says, or "laissez-faire" and "the Anglo- Saxon economic model," explaining that "The free-market crowd adores the city for its low taxes, unrestricted entry of foreign capital and rule of law." VANGUARD EXECUTIVE COMPENSATION :: THE FUTURE OF CAPITALISM Vanguard, the mutual-fund-shareholder-owned mutual fund company with $1.3 trillion under management, won't disclose to its owner-shareholders how much money is paid to the top executives at the company they supposedly own. Here's a recent post on the SLOAN KETTERING CEO CRAIG THOMPSON'S $6.7 MILLION PAY The business section of today's New York Times carries an article written and reported in collaboration with ProPublica reporting that the CEO of Memorial Sloan Kettering Cancer Center in New York, Craig Thompson, is quitting the boards of two for-profit companies.. The Times reports: Dr. Thompson has served on the board of Merck, the maker of the blockbuster cancer drug Keytruda, THOMAS SOWELL ON RACE AND RED-LINING :: THE FUTURE OF Thomas Sowell on Race and Red-Lining. Thomas Sowell's new column: "It so happens that whites were turned down for mortgage loans at a higher rate than Asian Americans, but that fact seldom made it into the newspaper headlines or the political rhetoric. Nor did either the mainstream media or political leaders mention the fact thatblack-owned
WASHINGTON MUTUAL SETTLEMENT: SOME SHAREHOLDERS GET Washington Mutual Settlement: Some Shareholders Get Nothing! Reader comment on: FDIC WaMu Lawsuit Submitted by WeissRatings.com (United States), Apr 9, 2012 16:14. Washington Mutual Settlement: Some Shareholders Get Nothing! DISMAL SCIENCE :: THE FUTURE OF CAPITALISM David Warsh reports: "Emmanuel Farhi, 41, of Harvard University, died last week, apparently by his own hand.It was the fourth such death of a prominent economist in a year, following those of Martin Weitzman, also of Harvard; Alan Krueger, of Princeton University; and William Sandholm, of the University of Wisconsin at Madison.". Suicide is always, or at least often, something of a mystery BAD TIMES :: THE FUTURE OF CAPITALISM Back in March I wrote a long piece for the Washington Examiner magazine about the turmoil at the New York Times. I wrote: If my judgment as a longtime reader is that the paper has gone off a cliff, the collective wisdom expressed by the stock market is offering the opposite opinion. The New York JOHNSON AND JOHNSON VACCINE :: THE FUTURE OF CAPITALISM Is the report on Johnson & Johnson's vaccine good or disappointing? The first day reaction was conflicting. Harvard Medical School professor and New Yorker writer Atul Gawande tweeted, "The JNJ vaccine results indicate we miraculously have at least 3 safe, highly effective vaccines.Headlines focus on the 66% overall efficacy. ORGANIC FOOD AS A RACIST PLOT :: THE FUTURE OF CAPITALISM Organic Food as a Racist Plot. Indeed, there's a troubling historical connection between organic food and white ethnonationalism, drawing on the language of purity and a gauzy, idealized notion of a nativist relationship to the land, which must be kept unsullied by industrial pesticides or "foreign substances," in the words of the Nazi AMBASSADORS KENNEDY :: THE FUTURE OF CAPITALISM Axios reports: "President Biden is considering naming two Kennedys to represent him abroad: Caroline Kennedy is in line to be U.S. ambassador to Australia, and Vicki Kennedy is on his radar for Western Europe, people familiar with the matter tell Axios. Why it matters: With JFK's daughter and the widow of Sen. Ted Kennedy, Biden would be reaching outside of his pool of core campaign donors." A U.S.-EU FREE TRADE AGREEMENT? :: THE FUTURE OF CAPITALISM The worst case scenario is that U.S.-E.U. "free trade" becomes something like the common market's evolution in Europe, degenerating into a way to impose burdensome new regulations by Brussels bureaucrats, the leading edge of a sort of globalist elite attack on national sovereignty. The details matter a lot as to whether thiswould be free trade
BIDEN'S BIG TAX INCREASE :: THE FUTURE OF CAPITALISM Even the New York Times is now describing President Biden's plan as "the largest federal tax increase since 1942." It's the topic of my column this week. Please check out the full column at Reason ("Here's How Biden's Proposed Tax Increases Will Affect LEAVING CALIFORNIA :: THE FUTURE OF CAPITALISM Leaving California. The region's latest emigrant is database giant Oracle Corp., a fixture of Silicon Valley for decades that last year signed a 20-year deal to put its name on the San Francisco Giants' stadium, Oracle Park. The $180 billion tech giant on Friday said it had changed its headquarters location to Austin, Texas, from RedwoodCity
AFGHANISTAN RETROGRADE :: THE FUTURE OF CAPITALISM "Afghanistan Retrograde Nearly One-Quarter Complete" is the headline the Department of Defense put over its article on the U.S. retreat. It sent me scrambling for my Webster's Second Unabridged dictionary, which does list retrograde used as a noun to mean "a downward tendency; decline; as, to be on the retrograde.". Whatever one thinks of the withdrawal of U.S. troops from Afghanistan, it UNREGULATED CAPITALISM :: THE FUTURE OF CAPITALISM Unregulated Capitalism. The lead, front-page news article in today's New York Times begins: "Senator Elizabeth Warren, the Massachusetts Democrat and a sharp critic of big banks and unregulated capitalism, entered the 2020 race for president on Monday" "Unregulated capitalism" is a straw man if there ever was one, a fictionalconcoction that
THE FUTURE OF CAPITALISMARCHIVESABOUTHOW TO HELPMAILING LISTSHEILABAIRNEW YORK
The budget forecasts that revenue as a share of GDP will average 19.3% between 2022 and 2031. Revenue has averaged 17.3% since 1970 and has only exceeded 19% of GDP in five years since World War II." ContinueReading.
MOONSHOT FOR MEATLESS MEAT :: THE FUTURE OF CAPITALISM Moonshot for Meatless Meat. New York Times opinion columnist Ezra Klein has an article headlined " Let's Launch a Moonshot for Meatless Meat ." The crux of his argument is here: There have been remarkable strides made in plant-based meat — witness the success of Beyond Meat and Impossible Foods — and milks. DISMAL SCIENCE :: THE FUTURE OF CAPITALISM David Warsh reports: "Emmanuel Farhi, 41, of Harvard University, died last week, apparently by his own hand.It was the fourth such death of a prominent economist in a year, following those of Martin Weitzman, also of Harvard; Alan Krueger, of Princeton University; and William Sandholm, of the University of Wisconsin at Madison.". Suicide is always, or at least often, something of a mystery ATUL GAWANDE ON THE CORONAVIRUS :: THE FUTURE OF CAPITALISM Atul Gawande on the Coronavirus. Author and surgeon Atul Gawande writes in the New Yorker of hopeful news from Hong Kong and Singapore: this coronavirus, even though it appears to be more contagious than the flu, can still be managed by the standard public-health playbook: social distancing, basic hand hygiene and cleaning, targeted isolation DAVID BROOKS VERSUS THE NEW YORK TIMES :: THE FUTURE OF David Brooks Versus the New York Times. "Achieving Biden's Goals Demands Transformation of American Way of Life," a New York Times news section headline declares. If you liked the American Way of Life pretty much pre-Biden, this might seem threatening or ominous, though if you viewed the American way of life as in need of transformation,you
ORGANIC FOOD AS A RACIST PLOT :: THE FUTURE OF CAPITALISM Organic Food as a Racist Plot. Indeed, there's a troubling historical connection between organic food and white ethnonationalism, drawing on the language of purity and a gauzy, idealized notion of a nativist relationship to the land, which must be kept unsullied by industrial pesticides or "foreign substances," in the words of the Nazi HONG KONG AND CAPITALISM :: THE FUTURE OF CAPITALISM A recent Bloomberg View column described Hong Kong as "a case study in the flaws of one brand of capitalism." What brand of capitalism? "Finance-driven capitalism," the column says, or "laissez-faire" and "the Anglo- Saxon economic model," explaining that "The free-market crowd adores the city for its low taxes, unrestricted entry of foreign capital and rule of law." VANGUARD EXECUTIVE COMPENSATION :: THE FUTURE OF CAPITALISM Vanguard, the mutual-fund-shareholder-owned mutual fund company with $1.3 trillion under management, won't disclose to its owner-shareholders how much money is paid to the top executives at the company they supposedly own. Here's a recent post on the SLOAN KETTERING CEO CRAIG THOMPSON'S $6.7 MILLION PAY The business section of today's New York Times carries an article written and reported in collaboration with ProPublica reporting that the CEO of Memorial Sloan Kettering Cancer Center in New York, Craig Thompson, is quitting the boards of two for-profit companies.. The Times reports: Dr. Thompson has served on the board of Merck, the maker of the blockbuster cancer drug Keytruda, THOMAS SOWELL ON RACE AND RED-LINING :: THE FUTURE OF Thomas Sowell on Race and Red-Lining. Thomas Sowell's new column: "It so happens that whites were turned down for mortgage loans at a higher rate than Asian Americans, but that fact seldom made it into the newspaper headlines or the political rhetoric. Nor did either the mainstream media or political leaders mention the fact thatblack-owned
THE FUTURE OF CAPITALISMARCHIVESABOUTHOW TO HELPMAILING LISTSHEILABAIRNEW YORK
The budget forecasts that revenue as a share of GDP will average 19.3% between 2022 and 2031. Revenue has averaged 17.3% since 1970 and has only exceeded 19% of GDP in five years since World War II." ContinueReading.
MOONSHOT FOR MEATLESS MEAT :: THE FUTURE OF CAPITALISM Moonshot for Meatless Meat. New York Times opinion columnist Ezra Klein has an article headlined " Let's Launch a Moonshot for Meatless Meat ." The crux of his argument is here: There have been remarkable strides made in plant-based meat — witness the success of Beyond Meat and Impossible Foods — and milks. DISMAL SCIENCE :: THE FUTURE OF CAPITALISM David Warsh reports: "Emmanuel Farhi, 41, of Harvard University, died last week, apparently by his own hand.It was the fourth such death of a prominent economist in a year, following those of Martin Weitzman, also of Harvard; Alan Krueger, of Princeton University; and William Sandholm, of the University of Wisconsin at Madison.". Suicide is always, or at least often, something of a mystery ATUL GAWANDE ON THE CORONAVIRUS :: THE FUTURE OF CAPITALISM Atul Gawande on the Coronavirus. Author and surgeon Atul Gawande writes in the New Yorker of hopeful news from Hong Kong and Singapore: this coronavirus, even though it appears to be more contagious than the flu, can still be managed by the standard public-health playbook: social distancing, basic hand hygiene and cleaning, targeted isolation DAVID BROOKS VERSUS THE NEW YORK TIMES :: THE FUTURE OF David Brooks Versus the New York Times. "Achieving Biden's Goals Demands Transformation of American Way of Life," a New York Times news section headline declares. If you liked the American Way of Life pretty much pre-Biden, this might seem threatening or ominous, though if you viewed the American way of life as in need of transformation,you
ORGANIC FOOD AS A RACIST PLOT :: THE FUTURE OF CAPITALISM Organic Food as a Racist Plot. Indeed, there's a troubling historical connection between organic food and white ethnonationalism, drawing on the language of purity and a gauzy, idealized notion of a nativist relationship to the land, which must be kept unsullied by industrial pesticides or "foreign substances," in the words of the Nazi HONG KONG AND CAPITALISM :: THE FUTURE OF CAPITALISM A recent Bloomberg View column described Hong Kong as "a case study in the flaws of one brand of capitalism." What brand of capitalism? "Finance-driven capitalism," the column says, or "laissez-faire" and "the Anglo- Saxon economic model," explaining that "The free-market crowd adores the city for its low taxes, unrestricted entry of foreign capital and rule of law." VANGUARD EXECUTIVE COMPENSATION :: THE FUTURE OF CAPITALISM Vanguard, the mutual-fund-shareholder-owned mutual fund company with $1.3 trillion under management, won't disclose to its owner-shareholders how much money is paid to the top executives at the company they supposedly own. Here's a recent post on the SLOAN KETTERING CEO CRAIG THOMPSON'S $6.7 MILLION PAY The business section of today's New York Times carries an article written and reported in collaboration with ProPublica reporting that the CEO of Memorial Sloan Kettering Cancer Center in New York, Craig Thompson, is quitting the boards of two for-profit companies.. The Times reports: Dr. Thompson has served on the board of Merck, the maker of the blockbuster cancer drug Keytruda, THOMAS SOWELL ON RACE AND RED-LINING :: THE FUTURE OF Thomas Sowell on Race and Red-Lining. Thomas Sowell's new column: "It so happens that whites were turned down for mortgage loans at a higher rate than Asian Americans, but that fact seldom made it into the newspaper headlines or the political rhetoric. Nor did either the mainstream media or political leaders mention the fact thatblack-owned
DISMAL SCIENCE :: THE FUTURE OF CAPITALISM David Warsh reports: "Emmanuel Farhi, 41, of Harvard University, died last week, apparently by his own hand.It was the fourth such death of a prominent economist in a year, following those of Martin Weitzman, also of Harvard; Alan Krueger, of Princeton University; and William Sandholm, of the University of Wisconsin at Madison.". Suicide is always, or at least often, something of a mystery BAD TIMES :: THE FUTURE OF CAPITALISM Back in March I wrote a long piece for the Washington Examiner magazine about the turmoil at the New York Times. I wrote: If my judgment as a longtime reader is that the paper has gone off a cliff, the collective wisdom expressed by the stock market is offering the opposite opinion. The New York JOHNSON AND JOHNSON VACCINE :: THE FUTURE OF CAPITALISM Is the report on Johnson & Johnson's vaccine good or disappointing? The first day reaction was conflicting. Harvard Medical School professor and New Yorker writer Atul Gawande tweeted, "The JNJ vaccine results indicate we miraculously have at least 3 safe, highly effective vaccines.Headlines focus on the 66% overall efficacy. AMBASSADORS KENNEDY :: THE FUTURE OF CAPITALISM Axios reports: "President Biden is considering naming two Kennedys to represent him abroad: Caroline Kennedy is in line to be U.S. ambassador to Australia, and Vicki Kennedy is on his radar for Western Europe, people familiar with the matter tell Axios. Why it matters: With JFK's daughter and the widow of Sen. Ted Kennedy, Biden would be reaching outside of his pool of core campaign donors." LEAVING CALIFORNIA :: THE FUTURE OF CAPITALISM Leaving California. The region's latest emigrant is database giant Oracle Corp., a fixture of Silicon Valley for decades that last year signed a 20-year deal to put its name on the San Francisco Giants' stadium, Oracle Park. The $180 billion tech giant on Friday said it had changed its headquarters location to Austin, Texas, from RedwoodCity
BIDEN'S BIG TAX INCREASE :: THE FUTURE OF CAPITALISM Even the New York Times is now describing President Biden's plan as "the largest federal tax increase since 1942." It's the topic of my column this week. Please check out the full column at Reason ("Here's How Biden's Proposed Tax Increases Will Affect AFGHANISTAN RETROGRADE :: THE FUTURE OF CAPITALISM "Afghanistan Retrograde Nearly One-Quarter Complete" is the headline the Department of Defense put over its article on the U.S. retreat. It sent me scrambling for my Webster's Second Unabridged dictionary, which does list retrograde used as a noun to mean "a downward tendency; decline; as, to be on the retrograde.". Whatever one thinks of the withdrawal of U.S. troops from Afghanistan, it BIDEN'S PLAN TO DOUBLE THE CAPITAL GAINS TAX :: THE FUTURE Biden's Plan To Double the Capital Gains Tax. People are starting to focus on Joe Biden's plan to raise the long-term capital gains tax rate to 43.4% from the current 23.8% for taxpayers earning more than $1 million a year. The Washington Post reprints a Bloomberg column by Jared Dillian warning, "Such a high rate will likely result in a UNREGULATED CAPITALISM :: THE FUTURE OF CAPITALISM Unregulated Capitalism. The lead, front-page news article in today's New York Times begins: "Senator Elizabeth Warren, the Massachusetts Democrat and a sharp critic of big banks and unregulated capitalism, entered the 2020 race for president on Monday" "Unregulated capitalism" is a straw man if there ever was one, a fictionalconcoction that
BASEBALL WOKENESS AND BOSTON LATIN SCHOOL ADMISSIONS Baseball Wokeness and Boston Latin School Admissions. " The Red Sox Speak Up for Racial Engineering in Boston Schools " is the headline over my column in today's Wall Street Journal. I have been following the situation for Education Next, where I wrote about it in an article headlined, " Red Sox, Celtics Back 'Zip Code Quota' Plan for Boston THE FUTURE OF CAPITALISMARCHIVESABOUTHOW TO HELPMAILING LISTSHEILABAIRNEW YORK
The budget forecasts that revenue as a share of GDP will average 19.3% between 2022 and 2031. Revenue has averaged 17.3% since 1970 and has only exceeded 19% of GDP in five years since World War II." ContinueReading.
MOONSHOT FOR MEATLESS MEAT :: THE FUTURE OF CAPITALISM Moonshot for Meatless Meat. New York Times opinion columnist Ezra Klein has an article headlined " Let's Launch a Moonshot for Meatless Meat ." The crux of his argument is here: There have been remarkable strides made in plant-based meat — witness the success of Beyond Meat and Impossible Foods — and milks. PFIZER VACCINE TIMELINE :: THE FUTURE OF CAPITALISM Stat News, a medical-business-technology website, has an important report laying out in detail how Pfizer adjusted its vaccine Phase III trial plan midstream, effectively delaying it until after the election by "leaving samples in storage" until the day after the election:. The first analysis was to occur after 32 volunteers — both those who received the vaccine and those on placebo — had ATUL GAWANDE ON THE CORONAVIRUS :: THE FUTURE OF CAPITALISM Atul Gawande on the Coronavirus. Author and surgeon Atul Gawande writes in the New Yorker of hopeful news from Hong Kong and Singapore: this coronavirus, even though it appears to be more contagious than the flu, can still be managed by the standard public-health playbook: social distancing, basic hand hygiene and cleaning, targeted isolation DAVID BROOKS VERSUS THE NEW YORK TIMES :: THE FUTURE OF David Brooks Versus the New York Times. "Achieving Biden's Goals Demands Transformation of American Way of Life," a New York Times news section headline declares. If you liked the American Way of Life pretty much pre-Biden, this might seem threatening or ominous, though if you viewed the American way of life as in need of transformation,you
ORGANIC FOOD AS A RACIST PLOT :: THE FUTURE OF CAPITALISM Organic Food as a Racist Plot. Indeed, there's a troubling historical connection between organic food and white ethnonationalism, drawing on the language of purity and a gauzy, idealized notion of a nativist relationship to the land, which must be kept unsullied by industrial pesticides or "foreign substances," in the words of the Nazi HONG KONG AND CAPITALISM :: THE FUTURE OF CAPITALISM A recent Bloomberg View column described Hong Kong as "a case study in the flaws of one brand of capitalism." What brand of capitalism? "Finance-driven capitalism," the column says, or "laissez-faire" and "the Anglo- Saxon economic model," explaining that "The free-market crowd adores the city for its low taxes, unrestricted entry of foreign capital and rule of law." SLOAN KETTERING CEO CRAIG THOMPSON'S $6.7 MILLION PAY The business section of today's New York Times carries an article written and reported in collaboration with ProPublica reporting that the CEO of Memorial Sloan Kettering Cancer Center in New York, Craig Thompson, is quitting the boards of two for-profit companies.. The Times reports: Dr. Thompson has served on the board of Merck, the maker of the blockbuster cancer drug Keytruda, VANGUARD EXECUTIVE COMPENSATION :: THE FUTURE OF CAPITALISM Vanguard, the mutual-fund-shareholder-owned mutual fund company with $1.3 trillion under management, won't disclose to its owner-shareholders how much money is paid to the top executives at the company they supposedly own. Here's a recent post on the THOMAS SOWELL ON RACE AND RED-LINING :: THE FUTURE OF Thomas Sowell on Race and Red-Lining. Thomas Sowell's new column: "It so happens that whites were turned down for mortgage loans at a higher rate than Asian Americans, but that fact seldom made it into the newspaper headlines or the political rhetoric. Nor did either the mainstream media or political leaders mention the fact thatblack-owned
THE FUTURE OF CAPITALISMARCHIVESABOUTHOW TO HELPMAILING LISTSHEILABAIRNEW YORK
The budget forecasts that revenue as a share of GDP will average 19.3% between 2022 and 2031. Revenue has averaged 17.3% since 1970 and has only exceeded 19% of GDP in five years since World War II." ContinueReading.
MOONSHOT FOR MEATLESS MEAT :: THE FUTURE OF CAPITALISM Moonshot for Meatless Meat. New York Times opinion columnist Ezra Klein has an article headlined " Let's Launch a Moonshot for Meatless Meat ." The crux of his argument is here: There have been remarkable strides made in plant-based meat — witness the success of Beyond Meat and Impossible Foods — and milks. PFIZER VACCINE TIMELINE :: THE FUTURE OF CAPITALISM Stat News, a medical-business-technology website, has an important report laying out in detail how Pfizer adjusted its vaccine Phase III trial plan midstream, effectively delaying it until after the election by "leaving samples in storage" until the day after the election:. The first analysis was to occur after 32 volunteers — both those who received the vaccine and those on placebo — had ATUL GAWANDE ON THE CORONAVIRUS :: THE FUTURE OF CAPITALISM Atul Gawande on the Coronavirus. Author and surgeon Atul Gawande writes in the New Yorker of hopeful news from Hong Kong and Singapore: this coronavirus, even though it appears to be more contagious than the flu, can still be managed by the standard public-health playbook: social distancing, basic hand hygiene and cleaning, targeted isolation DAVID BROOKS VERSUS THE NEW YORK TIMES :: THE FUTURE OF David Brooks Versus the New York Times. "Achieving Biden's Goals Demands Transformation of American Way of Life," a New York Times news section headline declares. If you liked the American Way of Life pretty much pre-Biden, this might seem threatening or ominous, though if you viewed the American way of life as in need of transformation,you
ORGANIC FOOD AS A RACIST PLOT :: THE FUTURE OF CAPITALISM Organic Food as a Racist Plot. Indeed, there's a troubling historical connection between organic food and white ethnonationalism, drawing on the language of purity and a gauzy, idealized notion of a nativist relationship to the land, which must be kept unsullied by industrial pesticides or "foreign substances," in the words of the Nazi HONG KONG AND CAPITALISM :: THE FUTURE OF CAPITALISM A recent Bloomberg View column described Hong Kong as "a case study in the flaws of one brand of capitalism." What brand of capitalism? "Finance-driven capitalism," the column says, or "laissez-faire" and "the Anglo- Saxon economic model," explaining that "The free-market crowd adores the city for its low taxes, unrestricted entry of foreign capital and rule of law." SLOAN KETTERING CEO CRAIG THOMPSON'S $6.7 MILLION PAY The business section of today's New York Times carries an article written and reported in collaboration with ProPublica reporting that the CEO of Memorial Sloan Kettering Cancer Center in New York, Craig Thompson, is quitting the boards of two for-profit companies.. The Times reports: Dr. Thompson has served on the board of Merck, the maker of the blockbuster cancer drug Keytruda, VANGUARD EXECUTIVE COMPENSATION :: THE FUTURE OF CAPITALISM Vanguard, the mutual-fund-shareholder-owned mutual fund company with $1.3 trillion under management, won't disclose to its owner-shareholders how much money is paid to the top executives at the company they supposedly own. Here's a recent post on the THOMAS SOWELL ON RACE AND RED-LINING :: THE FUTURE OF Thomas Sowell on Race and Red-Lining. Thomas Sowell's new column: "It so happens that whites were turned down for mortgage loans at a higher rate than Asian Americans, but that fact seldom made it into the newspaper headlines or the political rhetoric. Nor did either the mainstream media or political leaders mention the fact thatblack-owned
PFIZER VACCINE TIMELINE :: THE FUTURE OF CAPITALISM Stat News, a medical-business-technology website, has an important report laying out in detail how Pfizer adjusted its vaccine Phase III trial plan midstream, effectively delaying it until after the election by "leaving samples in storage" until the day after the election:. The first analysis was to occur after 32 volunteers — both those who received the vaccine and those on placebo — had WELCOME TO THE FIGHT :: THE FUTURE OF CAPITALISM A New York Times editorial, reversing from the newspaper's longstanding position, opposes the federal tax deduction for state and local taxes. Says the Times: "New Yorkers, who pay higher taxes than most Americans, get more extensive and higher quality BAD TIMES :: THE FUTURE OF CAPITALISM The New York Times Company stock price has climbed from a low of less than $5 a share following the 2008 financial crisis to a recent high of as much as $58 a share, valuing the company at more than $8 billion, a frothy 84 times earnings. Back in 2011, when the overall stock market was at a multiple of about 21 times earnings, Timescolumnist
JOHNSON AND JOHNSON VACCINE :: THE FUTURE OF CAPITALISM Is the report on Johnson & Johnson's vaccine good or disappointing? The first day reaction was conflicting. Harvard Medical School professor and New Yorker writer Atul Gawande tweeted, "The JNJ vaccine results indicate we miraculously have at least 3 safe, highly effective vaccines.Headlines focus on the 66% overall efficacy. DISMAL SCIENCE :: THE FUTURE OF CAPITALISM David Warsh reports: "Emmanuel Farhi, 41, of Harvard University, died last week, apparently by his own hand.It was the fourth such death of a prominent economist in a year, following those of Martin Weitzman, also of Harvard; Alan Krueger, of Princeton University; and William Sandholm, of the University of Wisconsin at Madison.". Suicide is always, or at least often, something of a mystery AFGHANISTAN RETROGRADE :: THE FUTURE OF CAPITALISM "Afghanistan Retrograde Nearly One-Quarter Complete" is the headline the Department of Defense put over its article on the U.S. retreat. It sent me scrambling for my Webster's Second Unabridged dictionary, which does list retrograde used as a noun to mean "a downward tendency; decline; as, to be on the retrograde.". Whatever one thinks of the withdrawal of U.S. troops from Afghanistan, it BIDEN'S BIG TAX INCREASE :: THE FUTURE OF CAPITALISM Even the New York Times is now describing President Biden's plan as "the largest federal tax increase since 1942." It's the topic of my column this week. Please check out the full column at Reason ("Here's How Biden's Proposed Tax Increases Will Affect THE POLITICS OF POLICE BRUTALITY :: THE FUTURE OF CAPITALISM The Politics of Police Brutality. A lot of the commentary on the death of George Floyd in Minneapolis police custody treats it primarily as a racial issue: Floyd was black, the officer whose knee was on his neck appears to have been white, and therefore the main interpretive framework that applies is racism. But there's another way to look at LEAVING CALIFORNIA :: THE FUTURE OF CAPITALISM Leaving California. The region's latest emigrant is database giant Oracle Corp., a fixture of Silicon Valley for decades that last year signed a 20-year deal to put its name on the San Francisco Giants' stadium, Oracle Park. The $180 billion tech giant on Friday said it had changed its headquarters location to Austin, Texas, from RedwoodCity
BASEBALL WOKENESS AND BOSTON LATIN SCHOOL ADMISSIONS Baseball Wokeness and Boston Latin School Admissions. " The Red Sox Speak Up for Racial Engineering in Boston Schools " is the headline over my column in today's Wall Street Journal. I have been following the situation for Education Next, where I wrote about it in an article headlined, " Red Sox, Celtics Back 'Zip Code Quota' Plan for Boston THE FUTURE OF CAPITALISMARCHIVESABOUTHOW TO HELPMAILING LISTSHEILA BAIRNEW YORKTHE FUTURE OF CAPITALISM BOOKTHE FUTURE OF CAPITALISMREVIEW
The budget forecasts that revenue as a share of GDP will average 19.3% between 2022 and 2031. Revenue has averaged 17.3% since 1970 and has only exceeded 19% of GDP in five years since World War II." ContinueReading.
MOONSHOT FOR MEATLESS MEAT :: THE FUTURE OF CAPITALISM Moonshot for Meatless Meat. New York Times opinion columnist Ezra Klein has an article headlined " Let's Launch a Moonshot for Meatless Meat ." The crux of his argument is here: There have been remarkable strides made in plant-based meat — witness the success of Beyond Meat and Impossible Foods — and milks. PFIZER VACCINE TIMELINE :: THE FUTURE OF CAPITALISM Stat News, a medical-business-technology website, has an important report laying out in detail how Pfizer adjusted its vaccine Phase III trial plan midstream, effectively delaying it until after the election by "leaving samples in storage" until the day after the election:. The first analysis was to occur after 32 volunteers — both those who received the vaccine and those on placebo — had CORONAVIRUS AND THE COMMERCE CLAUSE :: THE FUTURE OFCOMMERCE CLAUSE TEXTINTERSTATE COMMERCE CLAUSE ABUSEINTERSTATE COMMERCE CLAUSE CASESINTERSTATE COMMERCE CLAUSE IN CONSTITUTIONINTERSTATE COMMERCE CLAUSE MARIJUANAINTERSTATE COMMERCE CLAUSE SUPREME COURT Coronavirus and the Commerce Clause. The response to the coronavirus increasingly risks trampling on the Constitution, from government restrictions on the First Amendment freedom of assembly to the related freedom of religion. Now there's news that the governor of Rhode Island considered closing her state's border with Massachusetts. DAVID BROOKS VERSUS THE NEW YORK TIMES :: THE FUTURE OF David Brooks Versus the New York Times. "Achieving Biden's Goals Demands Transformation of American Way of Life," a New York Times news section headline declares. If you liked the American Way of Life pretty much pre-Biden, this might seem threatening or ominous, though if you viewed the American way of life as in need of transformation,you
HONG KONG AND CAPITALISM :: THE FUTURE OF CAPITALISM A recent Bloomberg View column described Hong Kong as "a case study in the flaws of one brand of capitalism." What brand of capitalism? "Finance-driven capitalism," the column says, or "laissez-faire" and "the Anglo- Saxon economic model," explaining that "The free-market crowd adores the city for its low taxes, unrestricted entry of foreign capital and rule of law." SLOAN KETTERING CEO CRAIG THOMPSON'S $6.7 MILLION PAYSLOAN KETTERING REVIEWSMEMORIAL KETTERING SLOAN CANCER CENTERMEMORIAL SLOAN KETTERING JOBSMEMORIAL SLOAN KETTERING MEDICAL RECORDS The business section of today's New York Times carries an article written and reported in collaboration with ProPublica reporting that the CEO of Memorial Sloan Kettering Cancer Center in New York, Craig Thompson, is quitting the boards of two for-profit companies.. The Times reports: Dr. Thompson has served on the board of Merck, the maker of the blockbuster cancer drug Keytruda, CROSBY ADVISORS :: THE FUTURE OF CAPITALISM The Boston Globe reports that Harvard Management Co.'s head of private equity, Lane MacDonald, is leaving to go work for "Fidelity Investments chairman Edward C. 'Ned' Johnson 3d's personal wealth management firm." The article concludes: "The Johnsons moved Crosby Advisors in 2010 from Boston to its current location in Salem, N.H." The New Hampshire Business Review says a VANGUARD EXECUTIVE COMPENSATION :: THE FUTURE OF CAPITALISM Vanguard, the mutual-fund-shareholder-owned mutual fund company with $1.3 trillion under management, won't disclose to its owner-shareholders how much money is paid to the top executives at the company they supposedly own. Here's a recent post on the WASHINGTON MUTUAL SETTLEMENT: SOME SHAREHOLDERS GETWASHINGTON MUTUAL INVESTORS FUNDWASHINGTON MUTUAL SHARESWASHINGTON MUTUAL STOCK NEWSWASHINGTON MUTUAL STOCK PRICE 2008WASHINGTON MUTUAL STOCK PRICE HISTORYWASHINGTON MUTUAL STOCK VALUE Washington Mutual Settlement: Some Shareholders Get Nothing! Reader comment on: FDIC WaMu Lawsuit Submitted by WeissRatings.com (United States), Apr 9, 2012 16:14. Washington Mutual Settlement: Some Shareholders Get Nothing! THE FUTURE OF CAPITALISMARCHIVESABOUTHOW TO HELPMAILING LISTSHEILA BAIRNEW YORKTHE FUTURE OF CAPITALISM BOOKTHE FUTURE OF CAPITALISMREVIEW
The budget forecasts that revenue as a share of GDP will average 19.3% between 2022 and 2031. Revenue has averaged 17.3% since 1970 and has only exceeded 19% of GDP in five years since World War II." ContinueReading.
MOONSHOT FOR MEATLESS MEAT :: THE FUTURE OF CAPITALISM Moonshot for Meatless Meat. New York Times opinion columnist Ezra Klein has an article headlined " Let's Launch a Moonshot for Meatless Meat ." The crux of his argument is here: There have been remarkable strides made in plant-based meat — witness the success of Beyond Meat and Impossible Foods — and milks. PFIZER VACCINE TIMELINE :: THE FUTURE OF CAPITALISM Stat News, a medical-business-technology website, has an important report laying out in detail how Pfizer adjusted its vaccine Phase III trial plan midstream, effectively delaying it until after the election by "leaving samples in storage" until the day after the election:. The first analysis was to occur after 32 volunteers — both those who received the vaccine and those on placebo — had CORONAVIRUS AND THE COMMERCE CLAUSE :: THE FUTURE OFCOMMERCE CLAUSE TEXTINTERSTATE COMMERCE CLAUSE ABUSEINTERSTATE COMMERCE CLAUSE CASESINTERSTATE COMMERCE CLAUSE IN CONSTITUTIONINTERSTATE COMMERCE CLAUSE MARIJUANAINTERSTATE COMMERCE CLAUSE SUPREME COURT Coronavirus and the Commerce Clause. The response to the coronavirus increasingly risks trampling on the Constitution, from government restrictions on the First Amendment freedom of assembly to the related freedom of religion. Now there's news that the governor of Rhode Island considered closing her state's border with Massachusetts. DAVID BROOKS VERSUS THE NEW YORK TIMES :: THE FUTURE OF David Brooks Versus the New York Times. "Achieving Biden's Goals Demands Transformation of American Way of Life," a New York Times news section headline declares. If you liked the American Way of Life pretty much pre-Biden, this might seem threatening or ominous, though if you viewed the American way of life as in need of transformation,you
HONG KONG AND CAPITALISM :: THE FUTURE OF CAPITALISM A recent Bloomberg View column described Hong Kong as "a case study in the flaws of one brand of capitalism." What brand of capitalism? "Finance-driven capitalism," the column says, or "laissez-faire" and "the Anglo- Saxon economic model," explaining that "The free-market crowd adores the city for its low taxes, unrestricted entry of foreign capital and rule of law." SLOAN KETTERING CEO CRAIG THOMPSON'S $6.7 MILLION PAYSLOAN KETTERING REVIEWSMEMORIAL KETTERING SLOAN CANCER CENTERMEMORIAL SLOAN KETTERING JOBSMEMORIAL SLOAN KETTERING MEDICAL RECORDS The business section of today's New York Times carries an article written and reported in collaboration with ProPublica reporting that the CEO of Memorial Sloan Kettering Cancer Center in New York, Craig Thompson, is quitting the boards of two for-profit companies.. The Times reports: Dr. Thompson has served on the board of Merck, the maker of the blockbuster cancer drug Keytruda, CROSBY ADVISORS :: THE FUTURE OF CAPITALISM The Boston Globe reports that Harvard Management Co.'s head of private equity, Lane MacDonald, is leaving to go work for "Fidelity Investments chairman Edward C. 'Ned' Johnson 3d's personal wealth management firm." The article concludes: "The Johnsons moved Crosby Advisors in 2010 from Boston to its current location in Salem, N.H." The New Hampshire Business Review says a VANGUARD EXECUTIVE COMPENSATION :: THE FUTURE OF CAPITALISM Vanguard, the mutual-fund-shareholder-owned mutual fund company with $1.3 trillion under management, won't disclose to its owner-shareholders how much money is paid to the top executives at the company they supposedly own. Here's a recent post on the WASHINGTON MUTUAL SETTLEMENT: SOME SHAREHOLDERS GETWASHINGTON MUTUAL INVESTORS FUNDWASHINGTON MUTUAL SHARESWASHINGTON MUTUAL STOCK NEWSWASHINGTON MUTUAL STOCK PRICE 2008WASHINGTON MUTUAL STOCK PRICE HISTORYWASHINGTON MUTUAL STOCK VALUE Washington Mutual Settlement: Some Shareholders Get Nothing! Reader comment on: FDIC WaMu Lawsuit Submitted by WeissRatings.com (United States), Apr 9, 2012 16:14. Washington Mutual Settlement: Some Shareholders Get Nothing! PFIZER VACCINE TIMELINE :: THE FUTURE OF CAPITALISM Stat News, a medical-business-technology website, has an important report laying out in detail how Pfizer adjusted its vaccine Phase III trial plan midstream, effectively delaying it until after the election by "leaving samples in storage" until the day after the election:. The first analysis was to occur after 32 volunteers — both those who received the vaccine and those on placebo — had DISMAL SCIENCE :: THE FUTURE OF CAPITALISM David Warsh reports: "Emmanuel Farhi, 41, of Harvard University, died last week, apparently by his own hand.It was the fourth such death of a prominent economist in a year, following those of Martin Weitzman, also of Harvard; Alan Krueger, of Princeton University; and William Sandholm, of the University of Wisconsin at Madison.". Suicide is always, or at least often, something of a mystery JOHNSON AND JOHNSON VACCINE :: THE FUTURE OF CAPITALISM Is the report on Johnson & Johnson's vaccine good or disappointing? The first day reaction was conflicting. Harvard Medical School professor and New Yorker writer Atul Gawande tweeted, "The JNJ vaccine results indicate we miraculously have at least 3 safe, highly effective vaccines.Headlines focus on the 66% overall efficacy. THE POLITICS OF POLICE BRUTALITY :: THE FUTURE OF CAPITALISM The Politics of Police Brutality. A lot of the commentary on the death of George Floyd in Minneapolis police custody treats it primarily as a racial issue: Floyd was black, the officer whose knee was on his neck appears to have been white, and therefore the main interpretive framework that applies is racism. But there's another way to look at MICHAEL JACKSON'S TAX BILL :: THE FUTURE OF CAPITALISM Michael Jackson's Tax Bill. The estate of Michael Jackson's win over the IRS in tax court is the topic of a Wall Street Journal news article. The Journal reports, " U.S. Tax Court Judge Mark Holmes found that the singer's name and likeness were worth $4 million when he died in 2009 at the age of 50, not the $161 million the government had BIDEN'S BIG TAX INCREASE :: THE FUTURE OF CAPITALISM Even the New York Times is now describing President Biden's plan as "the largest federal tax increase since 1942." It's the topic of my column this week. Please check out the full column at Reason ("Here's How Biden's Proposed Tax Increases Will Affect LIST OF PEOPLE CANCELED IN POST-GEORGE-FLOYD ANTIRACISM Here is the list: The editor of the editorial page of the New York Times, James Bennet, for having published an op-ed by Senator Tom Cotton calling for the deployment of the US military to quell what the article called an "orgy of violence," and "rioters and looters" in American cities following the death in police custody of George Floyd. The founder and CEO of CrossFit, Greg Glassman, for CROSBY ADVISORS :: THE FUTURE OF CAPITALISM The Boston Globe reports that Harvard Management Co.'s head of private equity, Lane MacDonald, is leaving to go work for "Fidelity Investments chairman Edward C. 'Ned' Johnson 3d's personal wealth management firm." The article concludes: "The Johnsons moved Crosby Advisors in 2010 from Boston to its current location in Salem, N.H." The New Hampshire Business Review says a THOMAS SOWELL ON RACE AND RED-LINING :: THE FUTURE OF Thomas Sowell on Race and Red-Lining. Thomas Sowell's new column: "It so happens that whites were turned down for mortgage loans at a higher rate than Asian Americans, but that fact seldom made it into the newspaper headlines or the political rhetoric. Nor did either the mainstream media or political leaders mention the fact thatblack-owned
WASHINGTON MUTUAL SETTLEMENT: SOME SHAREHOLDERS GET Washington Mutual Settlement: Some Shareholders Get Nothing! Reader comment on: FDIC WaMu Lawsuit Submitted by WeissRatings.com (United States), Apr 9, 2012 16:14. Washington Mutual Settlement: Some Shareholders Get Nothing!* Home
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ON TO GEORGIA
November 23, 2020 at 8:11 amShare
The Senate runoffs in Georgia and the recent presidential election were the topic of my most recent column. Please check out the full column at the New Boston Post ("Unsatisfying Election May End WithVictory in Georgia
"),
New York Sun ("Unsatisfying Election Could Boomerang on Both Sides"),
and Newsmax ("Unsatisfying Election May End With Victory in Georgia.")
_Submit a Comment_
GOD BLESS BILL GATES November 23, 2020 at 8:06 amShare
Bill Gates, as punishment for spending tens of billions of dollars on fighting disease and improving health in the developing world, gets attacked from the left in a long front-page article in the New York Times. The positive side of that is that it gives Gates a platform to make an excellent point that is worth repeating: > "This capitalism thing — there actually are some domains that > actually works in," Mr. Gates said. "North Korea doesn't have that > many vaccines, as far as we can tell."_Submit a Comment_
NEVERTHELESS HE PERSISTED November 17, 2020 at 8:48 amShare
Joe Biden's political obituary was being written as recently as February on the New York Times front page. His endurance is a character lesson that transcends politics, I write in a recent column. Please check out the full column at the New Boston Post ("NeverthelessHe Persisted
"),
the New York Sun ("Biden's Great Secret: He Persisted"),
and Newsmax ("Biden Ignored the Negative Press and Persisted.")
_Submit a Comment_
BIDEN'S LOBBYISTS
November 17, 2020 at 8:42 amShare
Joe Biden "named at least 40 current and former registered lobbyists to his transition team," the Wall Street Journal reports.
Restore the soul of America, indeed. More like restore the soles of the loafers at Gucci gulch.CONTINUE READING
A U.S.-EU FREE TRADE AGREEMENT? November 16, 2020 at 7:29 pmShare1
NPR's Marketplace program has a story speculating about Biden's priorities, including the possibility that he would strike a U.S.-European Union free trade agreement, or one with the United Kingdom: > "I think it's very likely that a U.S.-EU agreement will precede a > U.K.-U.S. agreement," said Allyson Stewart-Allen, CEO of > International Marketing Partners and author of a new book, "Working > With Americans.">
> Stewart-Allen argues that Biden wants to repair what he sees as the > damage done to U.S.-EU relations over the past four years. And > economically it makes far more sense to pursue a deal with the > 27-nation bloc before one with Britain. Well that sure is interesting. I was paying close attention to Biden during the presidential campaign and didn't hear a peep from him about a free trade deal with the E.U., though I did hear a lot from him about his plan to "buy American" and "Bring Back Critical Supply Chains to America so we aren't dependent on China or any other country for the production of critical goods in a crisis."CONTINUE READING
PFIZER CEO STOCK SELLING November 12, 2020 at 10:06 amShare1
A postscript is needed to our post from the other day about thedecision by Pfizer
to change its previously filed plan about the analysis of data from its Covid-19 vaccine trial. It turns out that the Pfizer CEO, Albert Bourla, sold $5.6 million of company stock on November 9, the day the good vaccine news was announced. The sale took place under a plan adopted August 19.An SEC Form 4
shows Bourla sold 132,508 shares at a price of $41.94 on November 9, 2020. That's $5,557,385.52. The same form shows that after the transaction, he directly or indirectly still owned 81,812 shares, or about $3.1 million at current prices.CONTINUE READING
THE NEW YORK TIMES AND VOTER FRAUD November 11, 2020 at 3:55 pmShare5
Here is a headline over a news article on the New York Times website:
"The Times Called Officials in Every State: No Evidence of Voter Fraud." Here is the subheadline: "The president and his allies have baselessly claimed that rampant voter fraud stole victory from him. Officials contacted by The Times said that there were no irregularities that affected the outcome." The article goes on: "top election officials across the country said in interviews and statements that the process had been a remarkablesuccess."
CONTINUE READING
PFIZER VACCINE TIMELINE November 10, 2020 at 8:25 amShare3
Stat News, a medical-business-technology website, has an importantreport
laying out in detail how Pfizer adjusted its vaccine Phase III trial plan midstream, effectively delaying it until after the election by "leaving samples in storage" until the day after the election: > The first analysis was to occur after 32 volunteers — both those > who received the vaccine and those on placebo — had contracted > Covid-19. If fewer than six volunteers in the group who received the > vaccine had developed Covid-19, the companies would make an > announcement that the vaccine appeared to be effective. The study > would continue until at least 164 cases of Covid-19 — individuals > with at least one symptom and a positive test result — had been> reported.
>
> That study design, as well as those of other drug makers, came under > fire from experts who worried that, even if it was statistically > valid, these interim analyses would not provide enough data when a > vaccine could be given to billions of people.CONTINUE READING
SALT IN THE ELECTORAL VOTES November 8, 2020 at 4:48 pmShare
In looking at how President Trump managed to win in Texas and Florida but apparently not in some of the other swing states, it's worth thinking about the decision, as part of the Trump tax cuts, to cap the deduction for state and local taxes at $10,000 a filing. Neither Texas nor Florida have a state income tax, and property values and taxes are low enough that relatively few people experienced the capping of the state and local tax deduction as a painful tax increase. In other states where there are state income taxes, relatively prosperous people felt like Trump was raising their taxes, or at least taking away one of their favorite deductions. I totally get the incentives and simplification and even progressivity case ("The SALT tax deduction is a handout for the rich. It should be eliminated not expanded," a Brookings analysis insists) for limiting this deduction, and I also realize the revenue it generated helped make possible other tax moves, such as raising the standard deduction or cutting corporate rates. But as a political matter, in places such as the high-property tax suburbs of Philadelphia, suburban Atlanta, Arizona—Biden's promise to un-cap this deduction against Trump's imposition of the cap may have helped reduce what is usually a Republican advantage on the tax issue. In retrospect, perhaps Trump and congressional Republicans loaded too much of their tax cuts onto the corporate rate side of things and not enough on the individual side of things. The corporate lobbyists are good at getting in there when the Finance Committee or Ways and Means are marking up or negotiating these bills. But the corporations don't vote. I understand the corporate tax cuts flow through to individual shareholders. But for Republicans, there are political risks in any tax increase, even limiting a deduction as part of an overalltax-cutting reform.
_1 Reader Comment_
THE ELECTORAL CLAUSE, THE TWO-WHITE-MALE TICKET, AND OTHER THOUGHTS November 8, 2020 at 12:24 pmShare2
This election will take a while to process, and it may not even be until after we get the results of Georgia Senate runoff elections before we understand the full story of what the voters are saying. A few more thoughts are worth passing along, though:•The Constitution
, in
Article II, dictates the method of choosing a president: "Each State shall appoint, in such Manner as the Legislature thereof may direct, a Number of Electors, equal to the whole Number of Senators and Representatives to which the State may be entitled in the Congress." In other words, it's not up to the Associated Press, or to President Trump, or to Nate Silver, or the Fox News Channel decision desk, or the one at ABC News, or even the courts, to name the president. It's up to the states, and up to the electors they choose by the manners directed by their legislatures themselves. The Constitution goes on to say that "The Congress may determine the Time of chusing the Electors, and the Day on which they shall give their Votes; which Day shall be the same throughout the United States."CONTINUE READING
UNDERSTANDING PRESIDENT BIDEN November 8, 2020 at 12:02 pmShare1
A few highlights from our archives may provide useful context: The Anti-Obama and the Anti-Hillary(August 5, 2015)
Biden the Constitutionalist(September 3, 2020)
Biden Sounds Trump-Like(June 3, 2020)
Trump Risks "Exit Stage Left" (September 14, 2020)_Submit a Comment_
POLLS AND INCENTIVES November 5, 2020 at 9:31 amShare
RealClearPolitics has a page listing the pre-election polling for the 2020 presidential election.
Some highlights, or lowlights: A Quinnipiac University Poll showing Biden leading by 11 percentage points. An Economist/YouGov poll showing Biden winning by 10 percentage points. An NBC News/Wall Street Journal (yes, the Rupert Murdoch-controlled Wall Street Journal) poll showing Biden up by 10 percentage points. Votes (or mail-in ballots, which may not be exactly the same as votes) are still being being counted, but at the moment, the race looks much closer, closer to 3 percentage points. How many people decided not to spend the time or risk catching Covid-19 to vote because they figured it wasn't evengoing to be close?
CONTINUE READING
JOBS NOT MOBS
November 2, 2020 at 4:58 pmShare
This commercial , from something called the 45Committee, also aired during the Patriots game Sunday on CBS in Boston. Notice it doesn't say "Vote for Trump." It doesn't mention Trump. Biden, or any other candidate for office. It just says, "Tell Washington: American needs jobs, not mobs." If for whatever reason (maybe fear of the mobs) you don't want to show up on a list of Trump campaign contributors, you can pay for an ad like this, and the level of disclosure and even scrutiny involved is minimal. As far as the calculus about whether images of the mobs help Trump or hurt him (because they took place on his watch), I guess whoever paid for this has worked it through._Submit a Comment_
HARRIS 'SOUNDS JUST LIKE KARL MARX' IN NEW EQUITY VIDEO November 2, 2020 at 4:42 pmShare1
A Kamala Harris campaign video asserting "Equitable treatment means we all end up at the same place" is the topic of my column this week. Please check out the full column at the New Boston Post ("New Biden-Harris Equity Video 'Sounds Just Like Karl Marx'"),
at the New York Sun ("Harris, in Video, Starts Showing Marxist Streak"),
and at Newsmax ("Team Biden-Harris's 'Fair' and 'Equity' Still AllAbout Taking
.")
The column was also picked up in the New York Post.
_Submit a Comment_
CORPORATE AMERICA AGAINST TRUMP November 1, 2020 at 3:40 pmShare1
One of the under-noticed stories is the way that corporate America has been pouring money in to back the Biden campaign in a way that doesn't even get tracked by Federal Election Commission filings. Two examples leapt out at me in recent days. First, I can barely open Twitter without seeing a "promoted tweet"—that is, a paid ad—from Goldman Sachs of former Clinton and Obama administration official, now Goldman executive Jake Siewertinterviewing
author,
historian, and columnist Anne Applebaum about the evidence that "democracy is in danger" from the "radical far right." Does that get disclosed as a campaign expenditure for Biden? Nope. But it sure helpshim.
Second, this Gap ad , which I saw watching the Patriots football game. There's no explict "vote for Joe Biden," but the message: "Stand United" meshes conveniently with Biden's "unity over division" campaign theme, as does the brief visual of wind turbines.CONTINUE READING
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