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2:00PM Water Cooler 10/11/2024 | naked capitalism

by Lambert Strether
October 11, 2024
in Finance
Reading Time: 25 mins read
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By Lambert Strether of Corrente.

Fowl Tune of the Day

Tropical Mockingbird (Mayan), Casa en Cuxtitali, San Cristóbal de las Casas, Chiapas, Mexico. “A few of the chicken species that I believe this particular person may need been mimicking on this minimize are: Nice-tailed Grackle (00:25), parakeet sp. (02:51).” A lot of nice ambient sounds too!

* * *

In Case You May Miss…

  1. Friday’s charts: RCP averages (good week for Trump); Covid (XEC has entered the chat).
  2. What, once more, was Kamala considering?
  3. boeing“>Boeing recordsdata unfair labor observe cost with NLRB towards machinists (wowsers).

* * *

Search for the Helpers

“Two Instances in Complicity” [New York University Law Review]. “The controlling purpose of this piece is to identify and correct a snag in the way courts distinguish discrete modes of criminality: helping, doing, and trying…. [H]elping gestures are by definition outside the elements of the crime being helped; anyone who fulfills an element of the crime is committing the crime, not helping it…. My proposed fix is to elevate the function of elemental analysis in complicity, in part by reviving an esoteric English doctrine, “joint principality,” which holds that in some instances of group criminality, there is no helping; there is only doing (or trying to do). To absorb this teaching is to better understand not just the relationship between language and the world, but the stakes in mistaking attempted murder for murder. Precisely because in no jurisdiction is attempted murder punished as severely as murder, differentiating between helping, doing, and trying involves making moral—not just semantical—judgments both about what has been done and what to do about it.” • Hmm.

* * *

My email address is down by the plant; please send examples of there (“Helpers” in the subject line). In our increasingly desperate and fragile neoliberal society, everyday normal incidents and stories of “the communism of everyday life” are what I am looking for (and not, say, the Red Cross in Hawaii, or even the UNWRA in Gaza).

Politics

“So many of the social reactions that strike us as psychological are in fact a rational management of symbolic capital.” –Pierre Bourdieu, Classification Struggles

* * *

2024

Less than thirty days to go!

Friday’s RCP Poll Averages:

If you ignore the entire concept of margin of error and go with the narrative, another good week for Trump, especially in MI and PA, tbough not, oddly, in the two hurricane swing states, GA and NC. Of course, we on the outside might as well be examining the entrails of birds when we try to predict what will happen to a subset of voters (undecided; irregular) in a subset of states (swing), and the irregulars especially might as well be quantum foam, but presumably the campaign professionals have better data, and have the situation as under control as it can be MR SUBLIMINAL Fooled ya. Kidding!.

* * *

Kamala (D): “Michigan Gov. Gretchen Whitmer feeds Doritos to left-wing influencer in deeply bizarre ‘communion’ video” [New York Post]. “In the short clip, posted on podcaster Liz Plank’s Instagram account, the lefty influencer was seen on her knees opening her mouth for Whitmer to place Doritos on her tongue.” • Here it is:

NEW: Michigan Gov. Gretchen Whitmer feeds a chip to a begging liberal podcaster on her knees in an effort to get more votes for Kamala Harris and Tim Walz.

Whitmer joined Canadian feminist Liz Plank for an abortion podcast episode.

The pair released the following video as a… pic.twitter.com/yiSH5hypud

— Collin Rugg (@CollinRugg) October 10, 2024

Leaving the query of why a Canadian podcaster apartMR SUBLIMINAL Sacre tabarnak!, what on earth was Kamala’s marketing campaign considering? IM Doc posted on this in feedback this morning, studying the video as a Communion parody. A lot for the Latino vote! Being an Episcopalian — the priest would place the wafer in my hand — that wasn’t my first studying; I noticed the video as some type of weird domination/submission ritual* (and a lot for these younger males, together with each suburban family with no dungeon within the basement). Apparently the subMR SUBLIMINAL snickertextual content of the video was — please sit down — industrial coverage, particularly the CHIPS act as a result of — comply with me carefully right here — Doritos are chips (and go lengthy Doritos, I suppose). If I had been Julie Chávez Rodriguez (marketing campaign supervisor), Jen O’Malley Dillon (marketing campaign chairwoman), Jeffrey Katzenberg (marketing campaign co-chair), Mitch Landrieu (marketing campaign co-chair), or Cedric Richmond (marketing campaign co-chair), I might be getting Whitmer — additionally a marketing campaign co-chair (!) — on the cellphone, to have a full and frank change of views. After all it’s too late, however one would possibly as nicely vent. NOTE * Pr0nographic in character, with Large Gretch wanting into the digicam.

Kamala (D): “Whitmer, Shapiro, Evers to launch battleground bus tour selling Harris” [The Hill]. • Nice concept. Will the flaming wreckage of Whitmer’s profession slot in one seat? Or will they want two?

Kamala (D): Can’t anybody right here play this sport?

I advised y’all the place this was headed. Obama popping out to chastise Black males is a disgusting show of racist paternalism, and it’s unacceptable. None of us ought to tolerate it. Democrats wish to blame everybody however themselves and individuals who voted FOR Trump. https://t.co/KF6cv7FHI7 https://t.co/N6Cxv4dNPs pic.twitter.com/u7Dpi20bdG

— AshleyStevens (@The_Acumen) October 11, 2024

Kamala (D): “Vice President Kamala Harris on Her Race to the End” [Vogue]. Price studying in full for the environment. I keep in mind, from the film Shakespeare in Love, a monitoring shot that adopted Queen Elizabeth: as she processed alongside, she was all the time surrounded by a swirl of courtiers doffing their hats and bowing; that should have been all she noticed; this text describes the same milieu. This caught my eye: “I ask what her first name could be on reaching the Oval Workplace. ‘Considered one of my first calls—outdoors of household—will likely be to the staff that’s working with me on our plan to decrease prices for the American folks,’ she says. ‘It’s not nearly publishing one thing in a revered journal. It’s not a couple of speech. It’s actually about, How does this hit the streets? How do folks truly really feel the work [what work?] in a manner that advantages them?’ She says she plans to satisfy with ‘those that will help us put again in place the freedoms which were taken away with the Dobbs resolution’—the ruling that overturned Roe v. Wade—to get Congress to cross a regulation. ‘That’s going to take some work,’ she says.” • This doesn’t imply something. There’s nothing right here. It involves items in your hand. Anyhow, Vogue? Reaching out to these working class readers, then?

Kamala (D): “Contained in the Harris marketing campaign’s floor sport” [WaPo]. “Six questions for … Dan Kanninen: We talked with Vice President Kamala Harris’s battleground states director in regards to the marketing campaign’s floor sport as early in-person voting begins within the states anticipated to determine the election.” Kanninen: “We constructed groups in these battleground states for the reason that starting of the 12 months, [starting with] critical operatives who’ve received robust races statewide in these states as leaders, after which layering in dozens of senior employees after which a whole bunch of organizers — now into the hundreds. Throughout the battleground states we at present have 2,500 employees, greater than 350 places of work. They’ve been participating a whole bunch of hundreds of volunteers, tens of hundreds in every of these battleground states. Final week [they] knocked on 1,000,000 doorways within the battleground states and [we] have continued to ramp [up] our voter contact efforts.” • Pushing a string?

* * *

Trump (R): “Trump’s small-dollar donor fundraising is beset by confusion and fatigue” [Associated Press]. “Republicans additionally engaged in a hyperaggressive — typically combative — model of digital fundraising that’s alienating voters, the operatives mentioned. Campaigns and committees typically share or hire lists of donors to one another, resulting in voters being flooded with comparable solicitations that may be complicated. ‘Republican distributors have so mistreated our donors that many grassroots donors don’t wish to give to us anymore,’ mentioned John Corridor, a Republican fundraising marketing consultant and companion at Apex Methods. ‘Should you make a donation to virtually any Republican candidate immediately, inside three weeks you’ll begin getting 30-50 textual content messages from different candidates you’ve gotten by no means heard of earlier than.’ Corridor’s agency despatched surveys to Republican donors earlier this 12 months and located {that a} majority of those that responded mentioned they continued to obtain textual content message solicitations after they’d requested to be faraway from a listing. ‘Donors really feel like they’re by no means thanked, they really feel abused, they usually don’t know how you can get off lists,’ Corridor mentioned. ‘This has a chilling impact on everybody’s fundraising.’ Small-dollar donors echoed Corridor’s considerations. They advised the AP they stopped giving to Trump’s marketing campaign as a result of they had been uninterested in being barraged with solicitations for donations from different Republicans, who presumably bought the donor info from the Trump marketing campaign. Others mentioned they had been being extra cautious about their political giving as a result of monetary struggles. ‘I’m sick of them asking for cash,; mentioned Susan Brito, 51, of Florida, who gave dozens of small donations totaling $69 in 2022 and 2023 however hasn’t contributed this 12 months. ‘I’m disabled, you might be sending me textual content, after textual content, after textual content.’” • Appears like Republicans have ten or 100 Mothership Methods. Sloppy!

Trump (R): “Reality examine: Univision debunks false right-wing declare that Harris used a teleprompter at city corridor” [CNN]. “Univision has debunked a viral false declare that Vice President Kamala Harris used a teleprompter throughout her city corridor with the Spanish-language community on Thursday. The false declare generated hundreds of thousands of views on X, the social media platform previously often known as Twitter. It was made by a number of right-wing commentators with vital followings, together with Benny Johnson, Charlie Kirk, Greg Worth and Fox Information host Sean Hannity. Each the moderator of the city corridor, Enrique Acevedo, and the president of Univision Information, Daniel Coronell, refuted the declare in their very own X posts – noting that the teleprompter that was seen on the published had textual content in Spanish, not English, and that it was materials for Acevedo, not Harris. Acevedo, responding to Johnson’s declare that ‘Univision by chance broadcast proof that Kamala used a teleprompter at her city corridor,’ wrote: ‘The prompter displayed my introduction (in Spanish) after which it switched to a timer. Any declare on the contrary is solely unfaithful.’ Coronell, responding to Worth’s declare that ‘Kamala is utilizing a teleprompter throughout her ‘city corridor’ with Univision,’ wrote: ‘That’s not true. The teleprompter that shows a textual content written in Spanish was a help factor for the city corridor moderator. I can let you know this with first-hand information as a result of I used to be in command of the tv program.’” • I virtually ran Benny Johnson’s clip earlier than I checked the textual content on the Teleprompter display screen and couldn’t learn it. And presumably Johnson et al. would have enlarged the textual content had it supported his speaking level. So there you might be. After all, the Democrat’s propagated the false story about Vance having congress with a sofa, however when the supply (each editions of Vance’s guide) was checked, the story was debunked. Distributing an actual clip with a false implication appears extra insidious to me.

Democrats en Déshabillé

“I’m Operating Out of Methods to Clarify How Dangerous This Is” [The Atlantic]. Lead sentence: “The reality is, it’s getting tougher to explain the extent to which a significant share of Individuals have dissociated from actuality.” And: “The world feels darkish; for many individuals, it’s tempting to satisfy that with a retreat into the delusion that they’ve bought every thing discovered, that the powers that be have conspired towards them immediately. However in turning away, they exacerbate a disaster that has characterised the Trump period, one that can reverberate to Election Day and past. Individuals are divided not simply by political opinions however by whether or not they imagine in a shared actuality—or want one in any respect.” • That is particularly wealthy, for the reason that editor the The Atlantic is one David Frum, of the Bush Administration that propagated the WMDs narrative on the way in which to the Iraq Conflict debacle, the misinformation marketing campaign that I got here to political consciousness with. The Atlantic — the home of ill-fame wherein the unholy marriage of liberal Democrats and Bush Republicans was consummated — was additionally assiduous in propagating RussiaGate. And but these folks prate about “shared actuality”!

Syndemics

“I’m in earnest — I can’t equivocate — I can’t excuse — I can’t retreat a single inch — AND I WILL BE HEARD.” –William Lloyd Garrison

* * *

Covid Assets, United States (Nationwide): Transmission (CDC); Wastewater (CDC, Biobot; contains many counties; Wastewater Scan, contains drilldown by zip); Variants (CDC; Walgreens); “Iowa COVID-19 Tracker” (in IA, however nationwide information). “An infection Management, Emergency Administration, Security, and Common Ideas” (particularly on hospitalization by metropolis).

Lambert right here: Readers, thanks for the collective effort. To replace any entry, do be happy to contact me on the tackle given with the crops. Please put “COVID” within the topic line. Thanks!

Assets, United States (Native): AK (dashboard); AL (dashboard); AR (dashboard); AZ (dashboard); CA (dashboard; Marin, dashboard; Stanford, wastewater; Oakland, wastewater); CO (dashboard; wastewater); CT (dashboard); DE (dashboard); FL (wastewater); GA (wastewater); HI (dashboard); IA (wastewater stories); ID (dashboard, Boise; dashboard, wastewater, Central Idaho; wastewater, Coeur d’Alene; dashboard, Spokane County); IL (wastewater); IN (dashboard); KS (dashboard; wastewater, Lawrence); KY (dashboard, Louisville); LA (dashboard); MA (wastewater); MD (dashboard); ME (dashboard); MI (wastewater; wastewater); MN (dashboard); MO (wastewater); MS (dashboard); MT (dashboard); NC (dashboard); ND (dashboard; wastewater); NE (dashboard); NH (wastewater); NJ (dashboard); NM (dashboard); NV (dashboard; wastewater, Southern NV); NY (dashboard); OH (dashboard); OK (dashboard); OR (dashboard); PA (dashboard); RI (dashboard); SC (dashboard); SD (dashboard); TN (dashboard); TX (dashboard); UT (wastewater); VA (wastewater); VT (dashboard); WA (dashboard; dashboard); WI (wastewater); WV (wastewater); WY (wastewater).

Assets, Canada (Nationwide): Wastewater (Authorities of Canada).

Assets, Canada (Provincial): ON (wastewater); QC (les eaux usées); BC (wastewater); BC, Vancouver (wastewater).

Hat tricks to useful readers: Alexis, anon (2), Art_DogCT, B24S, CanCyn, ChiGal, Chuck L, Festoonic, FM, FreeMarketApologist (4), Gumbo, hop2it, JB, JEHR, JF, JL Joe, John, JM (10), JustAnotherVolunteer, JW, KatieBird, KF, KidDoc, LL, Michael King, KF, LaRuse, mrsyk, MT, MT_Wild, otisyves, Petal (6), RK (2), RL, RM, Rod, sq. coats (11), tennesseewaltzer, Tom B., Utah, Bob White (3).

Keep secure on the market!

* * *

You do you:

Six folks in California now both confirmed or suspected to have chicken flu.

So the california division of public well being are telling you to *defend your self*.

However they do not let you know how.
¯_(ツ)_/¯ pic.twitter.com/GPwD7AjBJf

— tern (@1goodtern) October 11, 2024

Maskstravaganza

Vaccines: Covid

An infection: H5N1

Fowl flu additionally rolling alongside fairly properly:

6 weeks in the past yesterday California reported its first 3 #H5N1 #birdflu contaminated dairy herds. At the moment @USDA confirmed CA’s a hundredth contaminated herd.
1 out of each 11 dairy herds in CA is contaminated with H5 now. Staggering velocity of unfold.
How did this occur?https://t.co/2BioBG0wUw pic.twitter.com/VXzs4i2sjy

— Helen Branswell 🇨🇦 (@HelenBranswell) October 11, 2024

Sequelae: Covid

“Vascular Pathogenesis in Acute and Lengthy COVID: Present Insights and Therapeutic Outlook” [Thieme]. From the Summary: “Lengthy coronavirus illness 2019 (COVID-19)… manifests with a broad spectrum of relapsing and remitting or persistent signs in addition to diverse ranges of organ injury, which can be asymptomatic or current as acute occasions reminiscent of coronary heart assaults or strokes and recurrent infections, hinting at complicated underlying pathogenic mechanisms. Central to those signs is vascular dysfunction rooted in thrombotic endothelialitis. We overview the scientific proof that widespread endothelial dysfunction (ED) results in continual symptomatology. We briefly look at the molecular pathways contributing to endothelial pathology and supply an in depth evaluation of how these mobile processes underpin the medical image…. General, we emphasize the crucial position of mobile well being in managing Lengthy COVID and spotlight the necessity for early intervention to stop long-term vascular and mobile dysfunction.” • Since I didn’t know the supply, I double-checked it with KLG, and he gave it the thumbs-up: “Determine 1 is a murals.” So right here it’s:

Social Norming

As standard with Tern, 10 = 50:

1
“I am achieved with Covid now”
=
“I’ve a brief consideration span / compassion span”

I reply:
“Covid is not achieved with you.
It should preserve infecting you repeatedly till you die.”

— tern (@1goodtern) October 10, 2024

#49 – #50:

50
“We will put a wall of safety across the weak”
=
“I will chuck billions of kilos of straightforward cash to my buddies and different random wealthy folks”

I reply:
“You belong in jail.”

— tern (@1goodtern) October 10, 2024

* * *

Lambert right here: XEC shifting alongside neatly within the nationwide variant chart, however doesn’t seem in any respect within the traveler’s variant chart. Odd!

TABLE 1: Each day Covid Charts

Wastewater
This week[1] CDC October 5 Last Week[2] CDC (until next week):

Variants★ [3] CDC October 12★ Emergency Room Visits[4] CDC October 5

Hospitalization
★ New York[5] New York State, data October 10:★ National [6] CDC September 21:

Positivity
National[7] Walgreens October 7: Ohio[8] Cleveland Clinic October 5:

Travelers Data
★ Positivity[9] CDC September 16:Variants[10] ★CDC September 16:

Deaths
Weekly Deaths vs. % Positivity [11]CDC September 28: Weekly Deaths vs. ED Visits [12]CDC September 28:

LEGEND

1) ★ for charts new today; all others are not updated.

2) For a full-size/full-resolution image, Command-click (MacOS) or right-click (Windows) on the chart thumbnail and “open image in new tab.”

NOTES

[1] (CDC) Still some hot spots, but I can’t draw circles around entire regions this week. Good news!

[2] (CDC) Last week’s wastewater map.

[3] (CDC Variants) KP.* very popular. XEC has entered the chat.

[4] (ED) Down, but worth noting that Emergency Department use is now on a par with the first wave, in 2020.

[5] (Hospitalization: NY) Definitely down.

[6] (Hospitalization: CDC). I see the “everything in greenish pastels” crowd has gotten to this chart.

[7] (Walgreens) Big drop continues!

[8] (Cleveland) Dropping.

[9] (Travelers: Positivity) Up, though lagged.

[10] (Travelers: Variants).

[11] Deaths low, positivity down.

[12] Deaths low, ED down.

Stats Watch

Inflation: “United States Producer Prices” [Trading Economics]. “Producer Prices in the United States increased to 145.17 points in September from 145.10 points in August of 2024. Producer Prices in the United States averaged 117.54 points from 2009 until 2024, reaching an all time high of 145.17 points in September of 2024.”

* * *

Manufacturing: “Boeing files unfair labor practice charge against striking union” [Reuters]. “Boeing said late on Thursday it had filed an unfair labor practice charge with the National Labor Relations Board against the union representing its striking U.S. West Coast factory workers, accusing the leaders of not bargaining in good faith…. Boeing said on Tuesday it had withdrawn its latest pay offer to the International Association of Machinists and Aerospace Workers after two days of talks with federal mediators, citing the union’s refusal to seriously consider its proposals. In a filing with the NLRB, Boeing also accused the union’s leaders of misrepresenting the terms of Boeing’s offer to its members and of not bringing negotiators to the table with authority to make a deal. Boeing said the union had engaged in a ‘pattern of bad faith bargaining’ and its ‘public narrative is misleading and making it difficult to find a solution for our employees.’” Stuck pig squeals. More: “The union said on Tuesday that Boeing was ‘hell-bent’ about sticking to its ‘best and final’ proposal of a 30% wage increase over four years that it offered last month after the strike began. The union had declined to put the proposal to its members for a vote and said this week it planned a new survey of members. Boeing noted the union later acknowledged the planemaker had improved its offer, with IAM 751 president and lead negotiator Jon Holden telling Reuters on Wednesday that the proposed changes were ‘meager.’” • Boeing’s offer didn’t address defined-benefit pensions, requested by workers. And it’s a little rich for Boeing management to whinge about a public narrative when they issued their revised proposal through the press, and not at the negotiating table. Nice guy, that Ortberg fella.

Manufacturing: “Tensions are rising in the Boeing strike after the planemaker filed a complaint against the union” [Business Insider]. “Reinstating the pension plan remains a key issue for many on the picket line — but Boeing’s chief negotiator, Mike Fitzsimmons, told The Seattle Times there is ‘no scenario’ where this will happen. In a statement shared with BI, Boeing said it remains committed to reaching a compromise. ‘The union’s public narrative is misleading and making it difficult to find a solution for our employees,’ it added.”• So what’s wrong with the union’s “public narrative”? They weren’t Fitzsimmons’ stenographers? And their not “your” employees, buddy. Sheesh.

Manufacturing: “FAA’s ‘failing system’ of monitoring Boeing blasted by federal watchdog” [Seattle Times]. “The FAA hasn’t moved to proactively identify risk or demonstrated how it will resolve allegations of undue pressure within Boeing manufacturing, the [the Transportation Department’s inspector general] found. Among the other findings: The FAA doesn’t have an effective system overseeing individual Boeing factories, hasn’t ensured the company has effectively resolved its supplier issues, and hasn’t assessed the effectiveness of Boeing’s safety management system, which focuses on product and workplace safety. ‘By improving its oversight model to better address risk, FAA can help to improve a failing system and restore public trust in the safety of Boeing aircraft,’ the report said. In response, the FAA agreed with the recommendations and pointed to its addition of more safety inspectors in Boeing and Spirit AeroSystems facilities. The agency said it plans to fully implement the inspector general’s recommendations between 2025 and 2028.” • Do I really have to give credit to Buttigeig?

Manufacturing: “Boeing and Airbus have a major headache in common” [Quartz]. “Christian Scherer, head of the commercial airliner division at Airbus, told a gathering of French aerospace journalists that Spirit’s rate of manufacture is ‘not exactly where we would like.’ Airbus is facing pressure to massively increase its airplane deliveries in order to hit its year-end guidance, which it has already had to cut once this year amid supply chain difficulties. When the door plug fell off a Boeing 737 Max 9 in January and triggered a Federal Aviation Administration-imposed throttling of production to address quality control issues, Airbus told investors that it didn’t expect to hit any of its own plane-building roadblocks. But it has — to its customers’ frustration. (Besides the Spirit speed issue, Scherer told the French gaggle that it was also running into delays with engine supplier CFM International… It is especially ironic for Airbus because the window of opportunity that Boeing’s misfortunes opened was due to a fuselage constructed by Spirit, which Boeing spun out in 2005. In order to cut down on so-called ‘traveled work,’ a manufacturing process where plane parts are assembled out-of-order in order to speed completion, Boeing reabsorbed the non-Airbus parts of Spirit in July for $8.3 billion.”

* * *

Today’s Fear & Greed Index: 74 Greed (previous close: 70 Greed) [CNN]. One week ago: 73 (Greed). (0 is Extreme Fear; 100 is Extreme Greed). Last updated Oct 11 at 1:44:36 PM ET.

Zeitgeist Watch

“Calvin’s Dad Explains the Pre-Color World” [Daring Fireball]. • Please click through, but what a pleasure. Calvin’s Dad was the best bullshit artist ever.

Social Media Watch

“Inside the funhouse mirror factory: How social media distorts perceptions of norms” [Current Opinion in Psychology]. “These online dynamics are amplified by the design features and recommendation algorithms on various platforms. For instance, a recent analysis of the algorithm on Twitter/X found that it prioritizes evocative content. This incentivizes users to create this type of content which can help them build a large following while warping public perceptions of norms. Indeed, people who are focused on gaining social status are the most hostile online. These strivers may further distort norms as they rise in status This is compounded due to the fact that there is often little motivation for someone to post a nuanced or moderate opinion on social media. Moreover, nuanced or moderate posts often risk hostility from more extreme ingroup and outgroup members, especially since such hostility has little cost for the aggressor due to the social distance the online environment affords. Indeed, people who are politically moderate were more likely to report being harassed online, even though they were also less likely to post. People who hold less extreme beliefs have less investment into arguing, and when attacked by people who have more strongly held beliefs, perceive it as more hostile. The fact that people who ‘troll’ other people typically have higher dark triad characteristics also does not encourage nuanced debate.” • Hmm.

“Sex bomb: The collateral damage of OnlyFans’ explosive success” [Reuters]. “OnlyFans and its supporters portray the platform as a safe and empowering outlet for lucrative, socially acceptable sex work. Nurses, teachers, police officers and Olympic athletes have posted racy content in pursuit of extra cash. As OnlyFans takes porn into the mainstream, however, the platform also has generated ripple effects that have upended lives in unexpected and sometimes traumatizing ways. Reuters reported some of the most direct harms in investigations that exposed child sexual abuse material and nonconsensual or “revenge porn” posted on the site. Those findings were drawn from police complaints obtained from more than 250 of the largest U.S. law enforcement agencies. But the files also reveal collateral harms: families torn apart, reputations threatened, finances ruined.” • And that’s before, as is the way with all platforms, enshittification kicks in.

Class Warfare

“Here’s everyone caught in the web of the Sean ‘Diddy’ Combs allegations so far” [NPR]. • Disappointing. The closest to an A-lister is Jimmy Iovine.

News of the Wired

“Cincinnati’s Gold Rush Coins, Steeped In Mystery, Are Worth A Fortune Today” [Handeax]. “We know the Cincinnati company headed westward hauling a machine for striking coins because the diary of one of Doctor Alexander Butler Nixon is preserved at the California State Library in Sacramento. According to that diary, the Cincinnati company ironically realized, once they were on the dusty trail, that they were too well equipped. John Phillip Reid, in a 1976 article for the Hastings Law Journal, described the dilemma: ‘Before reaching Fort Kearney in Nebraska the members of the Cincinnati company had discovered that their wealth was not a source of strength. It was instead a source of disharmony, dissension, and division.’” • Hmm. I’m picturing a survivalist with a machine for striking coins in their basement…

“A language of beautiful impurity” [Wrong Side of History]. “What [English] would look like if Harold II had not died at the famous (breme) battle (gouth) of Hastings – and English had not undergone Frenchification following the Norman Conquest: In this world, lamentation is sorrowword, unanimous becomes sameheart and acceptable is replaced with thankworthy. The US Declaration of Independence would be the ‘Forthspell of Selfdom’ while Alcoholics Anonymous renamed as The Unnamed Overdrinkers.• I rather like “The Unnamed Overdrinkers” (even if anonymous means I don’t choose to give me name, not that I don’t have one). Doubtless examples could be multiplied.

* * *

Contact information for plants: Readers, feel free to contact me at lambert [UNDERSCORE] strether [DOT] corrente [AT] yahoo [DOT] com, to (a) find out how to send me a check if you are allergic to PayPal and (b) to find out how to send me images of plants. Vegetables are fine! Fungi, lichen, and coral are deemed to be honorary plants! If you want your handle to appear as a credit, please place it at the start of your mail in parentheses: (thus). Otherwise, I will anonymize by using your initials. See the previous Water Cooler (with plant) here. From SD:

SD writes: “Taken a few days ago in Imlaystown, NJ. The sunflowers were full of honeybees preparing for colder days to come.”

* * *

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This entry was posted in Guest Post, Water Cooler on October 11, 2024 by Lambert Strether.

About Lambert Strether

Readers, I have had a correspondent characterize my views as realistic cynical. Let me briefly explain them. I believe in universal programs that provide concrete material benefits, especially to the working class. Medicare for All is the prime example, but tuition-free college and a Post Office Bank also fall under this heading. So do a Jobs Guarantee and a Debt Jubilee. Clearly, neither liberal Democrats nor conservative Republicans can deliver on such programs, because the two are different flavors of neoliberalism (“Because markets”). I don’t much care about the “ism” that delivers the benefits, although whichever one does have to put common humanity first, as opposed to markets. Could be a second FDR saving capitalism, democratic socialism leashing and collaring it, or communism razing it. I don’t much care, as long as the benefits are delivered.
To me, the key issue — and this is why Medicare for All is always first with me — is the tens of thousands of excess “deaths from despair,” as described by the Case-Deaton study, and other recent studies. That enormous body count makes Medicare for All, at the very least, a moral and strategic imperative. And that level of suffering and organic damage makes the concerns of identity politics — even the worthy fight to help the refugees Bush, Obama, and Clinton’s wars created — bright shiny objects by comparison. Hence my frustration with the news flow — currently in my view the swirling intersection of two, separate Shock Doctrine campaigns, one by the Administration, and the other by out-of-power liberals and their allies in the State and in the press — a news flow that constantly forces me to focus on matters that I regard as of secondary importance to the excess deaths. What kind of political economy is it that halts or even reverses the increases in life expectancy that civilized societies have achieved? I am also very hopeful that the continuing destruction of both party establishments will open the space for voices supporting programs similar to those I have listed; let’s call such voices “the left.” Volatility creates opportunity, especially if the Democrat establishment, which puts markets first and opposes all such programs, isn’t allowed to get back into the saddle. Eyes on the prize! I love the tactical level, and secretly love even the horse race, since I’ve been blogging about it daily for fourteen years, but everything I write has this perspective at the back of it.

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