Stand with Sen. Warren: Tell the FBI to explain failure to prosecute bankers Credo. I loathe the “stand with” locution, but Warren is right…
How Actual Nuts and Bolts Are Bringing Down Oil Prices Bloomberg. Standardized drilling components.
Can the United States and Japan Ratify TPP? The Diplomat
The great leap upward: China’s Pearl River Delta, then and now Guardian. Amazing photos.
Showdown in Aleppo Sic Semper Tyrannis (Re Silc).
Brexit begins: Theresa May takes axe to EU laws Telegraph. “[A] new ‘Great Repeal Bill’ will be introduced in Parliament as early as next year.”
Two of NY’s Neighbors Are Poised to Legalize Marijuana in November Village Voice (Re Silc).
Police State Watch
‘Do Not Resist’: A chilling look at the normalization of warrior cops WaPo. “In the class recorded for “Do Not Resist,” [Dave Grossman, one of the most prolific police trainers in the country], at one point tells his students that the sex they have after they kill another human being will be the best sex of their lives. The room chuckles. But he’s clearly serious.”
‘We Believe in What We’re Doing’ Der Speigel. Interview with Assange
Clinton Raises $154 Million in September, Nears $1 Billion Bloomberg. Ka-ching.
Trump Tax Records Obtained by The Times Reveal He Could Have Avoided Paying Taxes for Nearly Two Decades NYT. It’s called a “tax loss carryforward.” And Pages From Donald Trump’s 1995 Income Tax Records NYT. State returns but not Federal, oddly. Clinton telegraphed this punch in the first debate:
[CLINTON:] So you’ve got to ask yourself, why won’t he release his tax returns? And I think there may be a couple of reasons. First, maybe he’s not as rich as he says he is. Second, maybe he’s not as charitable as he claims to be.
Third, we don’t know all of his business dealings, but we have been told through investigative reporting that he owes about $650 million to Wall Street and foreign banks. Or maybe he doesn’t want the American people, all of you watching tonight, to know that he’s paid nothing in federal taxes, because the only years that anybody’s ever seen were a couple of years when he had to turn them over to state authorities [interestingly, the records published by the NYT were state records] when he was trying to get a casino license, and they showed he didn’t pay any federal income tax.
TRUMP: That makes me smart.
CLINTON: So if he’s paid zero, that means zero for troops, zero for vets, zero for schools or health.
Of course, Federal taxes don’t fund Federal spending, so a Martian watching from a million miles away would conclude the one is as crazypants as the other. Anyhow.
“Just noticed @nytimes ‘hired’ tax experts to interpret. But only one expert named. More from CPA who is supposed to keep client confidence” @retheauditors
And then there’s this:
— corey robin (@CoreyRobin) October 2, 2016
Race tailspins into gutter The Hill
Girl Talk at Trump Tower MoDo, NYT. “After working with psychologists to figure out how to goad Trump into an outburst in the first debate, the commanding Hillary saved the Machado provocation until the end.”
A principled option for U.S. president: Endorsing Gary Johnson, Libertarian Chicago Tribune (DG).
Battle for the Senate 2016 RealClearPolitics
Clinton Foundation: Making America’s Richest Kids Healthier! Amy Sterling Casil
How New York is Trying to Outsmart the Aedes Mosquito The WIre (J-LS).
Washington’s governing elites think we’re all morons, a new study says Vice. A new book by Jennifer Bachner and Benjamin Ginsberg of the Hopkins’ Washington Center for the Study of Government. Here’s a 2014 version of Chapter 2 of the book, “The Civic Distance Between Rulers and Ruled,” from SSRN:
[W]here rulers have little in common with the ruled, those in power are unlikely to exhibit sympathy, as the Constitution’s framers might have put it, for their subjects. Rulers are likely, instead, to view their subjects instrumentally much, says Aristotle, as they might see their tools, horses, oxen, or slaves, and deal with them in an unjust manner. Aristotle thought this problem was most likely to manifest itself in tyrannical states where rulers and ruled formed distinct strata, and least likely to develop in democracies where, says Aristotle, rulers and ruled ‘have many things in common.’
A Quick Pay Check: Wage Growth of Full-Time and Part-Time Workers Federal Reserve Bank of Atlanta
Best paid CEOs fail to offer best value for money FT. “Just lucky, I guess.”
Stupefied Aeon (RS). ” How organisations enshrine collective stupidity and employees are rewarded for checking their brains at the office door.”
Antidote du jour (via):