The Debt Goes On: A Post-Crisis “Progress” Report Daniel Alpert & Robert Hockett, Federal Reserve Bank of St Louis (PDF).
Jeff Sessions set to show his steel on white-collar crime FT. “Mr Sessions spent 20 years as a federal prosecutor in Alabama, where he tried cases involving federal land banks caught up in the 1980s savings and loan crisis. That experience helped cement his belief in the deterrent value of jail time for executives who broke the law.
Black Injustice Tipping Point
Big Brother Is Watching You Watch
How Social Media Helps Dictators Erica Chenoweth, Foreign Policy. “Whereas nearly 70 percent of civil resistance campaigns succeeded during the 1990s, only 30 percent have succeeded since 2010. Why might this be?”
Google DeepMind AI destroys human expert in lip reading competition Tech Republic. Oh good. With CCTV everywhere.
Veterans Organizing “Like a Military Unit” to Defend DAPL Protesters from Militarized Police Free Thought Project. Note the involvement of Wes Clark.
In the second presidential debate, Clinton effectively accused him of working for a hostile foreign power, of being a stooge of the Russian regime. Had that been true, then the national security state ought by now to be swinging into action in order to protect the republic. Generals appearing on television to take charge would be an appropriate response to the risk of the nuclear codes falling into enemy hands. Instead, the American state has pivoted as rapidly as it normally does to accommodate its new master and to offer its services to his cause, in the hope of making that cause reasonably effective. Obama came on television to insist that he wishes Trump well, because if Trump succeeds then America succeeds. This suggests that the people who voted for him were right to suspect that the system would do everything in its power to soften the blow of their choice. It also means that if Trump poses a serious threat to American democracy, we lack the language to express it.
How Much Mussolini Is There in Donald Trump? Der Spiegel
When Public Goes Private, as Trump Wants: What Happens? NYRB. Trump, Obama, Bush, and the Clintons all support charters.
The Constitution lets the electoral college choose the winner. They should choose Clinton. Lawrence Lessig, WaPo. I don’t think Lessig has thought this through….
History is Written by the Losers ZenPundit
2016 Post Mortem
The Clinton Campaign Was Undone By Its Own Neglect And A Touch Of Arrogance, Staffers Say Sam Stein, HuffPo. Dated, but useful. “[A]ccording to several operatives there, the campaign’s [Wisconsin] office and local officials scrambled to raise nearly $1 million for efforts to get out the vote in the closing weeks. Brooklyn headquarters had balked at funding it themselves.” So now Stein is raising double that to contest the result. As we used to say in the print shop: “There’s never time to do it right, but there’s always time to do it over.”
Not Your Grandmother’s Wisconsin NYT. “Paul Soglin is the mayor of Madison, Wisconsin’s capital city, in cerulean Dane County. He supported Senator Bernie Sanders in the Democratic primary, and said he talked at least once a week with a field organizer from the Sanders campaign during the primary. But once Mrs. Clinton locked up the nomination, it was radio silence from the Clinton campaign.”
Democratic chiefs converge on Denver to ponder setbacks, mull next chair Colorado Politics
SKIN IN THE GAME MTV. A strange year, where Cracked and now MTV are more measured and reasonable than many mainstream outlets.
Trump’s Campaign of Militarization Counterpunch. Keep reading past the first few paragraphs.
A Minority President: Why the Polls Failed, And What the Majority Can Do George Lakoff. Not entirely talking his book.
The Alt-Right Is Using Trump Slate (of all places). Good breakdown of the players and the milieu.
The Current Affairs Interview: Jamelle Bouie & Ryan Cooper Current Affairs. Entertaining.
My Descent into the Right-Wing Media Vortex Vanity Fair
Workers Don’t Need Trump to Give Them a Voice. They Need Unions. The Nation. Fortunately, Obama delivered card check. Oh, wait….
Labor After Bernie Jacobin
Coarse-graining of complex systems Understanding Society. A little dense…
The Free Trade Fallacy The Archdruid Report
Disgorge the Cash The New Enquiry. Grab a cup of coffee, but well worth the read.
Antidote du jour:
I don’t think much of the idea that “Christmas begins the day after Thanksgiving,” so I deprecate the bow, but I love the lions outside the New York Public Library. This one is named “Fortitude.”