Goldman Sachs to close London operations of internal hedge fund FT. Said not to be linked to Brexit (?).
Carbon compromise? The Grumpy Economist
Estonia ‘not afraid’ to be on Nato frontline, president says FT. Estonia to Putin and Trump: “Let’s you and him fight!”
Greece’s Migrant Crisis: Life in an Abandoned Pool International Business Times
Trump Plays Cat and Mouse with Iran Counterpunch. Good detail.
Hong Kong store selling strawberries individually wrapped – for HK$168 – defends its packaging South China Morning Post (J-LS).
Modi’s budget tries to soothe India’s demonetization pain Nikkei Asian Review
Our Famously Free Press
16 Fake News Stories Reporters Have Run Since Trump Won The Federalist. This is not unserious, say readers.
Poll: Trump More Widely Trusted Than News Media New York Magazine. As the punchline of the old joke goes: “I just have to run faster than you.”
Big Brother Is Watching You Watch
Americans Clueless about Dangers of REAL ID CCHF. I couldn’t disagree more with CCHF’s health care policy recommendations, but they don’t make stuff up.
Leaked HHS draft order to fix insurance market draws mixed reviews Modern Healthcare. Excellent detail.
The Marketplace Premiums Increase: Underwriting Cycle Or Death Spiral? Health Affairs. Single payer erased as a policy option, oddly.
Trump Administration May Use Executive Authority To Tweak Obamacare’s Rules HuffPo. “Today, premiums for the old can be only three times as high as premiums for the young, which is what the Affordable Care Act stipulates. According to sources privy to HHS discussions with insurers, officials would argue that since 3.49 ’rounds down” to three, the change would still comply with the statute.”
2016 Post Mortem
House Democrats seize on anti-Trump strategy Politico. “Democratic aides say they will eventually shift to a positive economic message that Rust Belt Democrats can run on. But for now, aides say, the focus is on slaying the giant and proving to the voters who sent Trump into the White House why his policies will fail.” Rather like St Augustine: “O Lord, help me to be pure, but not yet!” I wonder what the Outreach Chair for Senate Democrats thinks about this…
A centrist is addressing House Democrats, and progressives are furious WaPo. “[Adam Green, co-founder of the Progressive Change Campaign Committee] questioned why no progressive organizing groups were invited to address Democrats. He said his group asked for a role in the retreat it learned Third Way would be represented but was told by organizers that it was too late.” After? Why after?
Rural Americans felt abandoned by Democrats in 2016, so they abandoned them back. Can the party fix it? WaPo. Note the particularities of how WaPo reifies (acceptable forms of) “the resistance.”
DeVos Was Inevitable Inside Higher Ed
Jeff Sessions’s Redemption Story Daily Beast (DK). DK comments: “This matches my personal recollections of the period.” Fun fact: “A year ago, [Jeff Sessions] and New Jersey Sen. Cory Booker teamed up to award the Congressional Gold Medal to Selma marchers.”
Backing Into World War III Foreign Policy
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Women of America: we’re going on strike. Join us so Trump will see our power Linda Martín Alcoff, Cinzia Arruzza, Tithi Bhattacharya, Nancy Fraser, Barbara Ransby, Keeanga-Yamahtta Taylor, Rasmea Yousef Odeh, Angela Davis Guardian. It will be interesting to see who turns out.
Why Stop At Rosie? ‘SNL’ Should Have Women Play Trump’s Entire Administration HuffPo. I’m not sure the math of “The Party of Women” works for Democrats, especially given that 53% of women voted for Trump, but I guess we’ll find out.
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Intel chief reveals $7bn push on US manufacturing FT and Trump is 2nd president to tout unfinished Intel factory Boston Globe. If Trump is perceived to have delivered on jobs, much will be forgiven him.
Holy Warriors Against the Welfare State The Baffler (DG). DG: “Western Michigan has a peculiar history, even for the Great Lakes States. Again, though, the issues are complicated. As this article notes, the destructions of unions, which has led to the decline in income and restriction of the availability of health insurance, may be the foremost issue. And where are the Democrats?”
Donald Trump, Middle-School President Andrew Rosenthal, NYT. A pitch-perfect rendition of what it means to be “a front-row kid,” in Chris Arnade’s formulation.
What Steve Bannon Wants You to Read Politico
Ready, Set, Grovel! Desperate Runners Battle for Slots in Trendy Races WSJ. Why, it’s almost like groveling is the whole point!
The elderly, cognitive decline and banking The Economist. The subhead: “Banks need strategies
to screw old people out of their money by replacing human tellers with crappy apps for helping vulnerable elderly customers.”
The World as Representation The Archdruid Report
Antidote du jour: