Protecting the Polar Seaways World Policy (Re Silc).
European banks struggle to solve toxic shipping debt problem Reuters (Richard Smith).
U.S. Regional Banks Take on Wall Street Bloomberg. “Atlanta and Cleveland are far from Wall Street, but regional banks in those and other U.S. cities are mimicking their bigger competitors by plunging into capital markets.” What could go wrong?
Creating the Uber-Yahoo Reuters
Won’t allow driverless cars that take away jobs: Nitin Gadkari Hindustan Times
Brexit Disarray Points to Disaster Clive Crook, Bloomberg
Poll shows France no longer so sweet on Emmanuel Macron Deutsche Welle. That was fast.
Mariano Rajoy drawn into court case as corruption woes hit party FT. As a witness.
Wang Qishan: China’s enforcer FT. The Hand of the King?
Xi tears up succession script with Chongqing shocker Nikkei Asian Review
McCain is a likely yes on the health care MTP.
It all comes down to:
— Sahil Kapur (@sahilkapur) July 25, 2017
Senate Health Care Legislation Would Grant HHS Unprecedented Power Over States Health Affairs. Important:
Perhaps inevitably, exceptionally broad delegation of policymaking authority has become a defining feature of the Senate Majority Leader’s quest to restructure one-sixth of the American economy without hearings, expert testimony, committee consideration, or other safeguards of regular order. The President famously observed that health issues are “incredibly complicated.” Resolving such issues with careful attention to detail is too high a bar for most legislators to clear while moving at breakneck speed. For Republican leaders in Congress, the almost inescapable solution has been to structure legislation so that HHS will eventually answer policy questions that Congress currently lacks the time to resolve. Wholesale delegations of lawmaking power to Executive-branch agencies will almost certainly be larded throughout proposed legislation if the Senate approves this week’s expected “motion to proceed,” which would allow passage of a final bill after just 20 hours of debate on the Senate floor.
* * *
The Conservative Case for Universal Healthcare The American Conservative
The sky-high pay of health care CEO Axios. “The CEOs of 70 of the largest U.S. health care companies cumulatively have earned $9.8 billion in the seven years since the Affordable Care Act was passed, and their earnings have grown faster than most Americans’ during that time.” Thanks, Obama!
Obamacare is hurting these people—and Congress is doing nothing about it Yahoo Finance. Some go to HappyVille, some go to Pain City…
New Cold War
STATEMENT OF JARED C. KUSHNER TO CONGRESSIONAL COMMITTEES (PDF) WSJ. The case for the defense, on several levels.
Intel Vets Challenge ‘Russia Hack’ Evidence Consortium News. Leaked, not hacked. Hoisted from Water Cooler because it’s important.
Newly Disclosed Clinton-era Memo Says Presidents Can Be Indicted Charles Savage, NYT
Make America Wait Again: Trump Tries to Delay Regulations out of Existence Scientific American. This matters a lot more Trump’s tweets. Why, it’s almost as if he’s trying to distract people….
The fast-approaching defense budget ‘train wreck’ Politico (Re Silc).
Trump Has Averaged 50% or Higher Job Approval in 17 States Gallup. “Approval below 40% in 17 states.”
Democrats in Disarray
Progressives Actually Like Democrats’ New Message HuffPo. A compilation. HuffPo missed this one:
"You know, as someone who hasn't been to a doctor in 35 years, limiting future prescription cost increases to 15%/year really speaks to me."
— Jacob Bacharach (@jakebackpack) July 24, 2017
The Democrats Are Re-learning Populism Washington Monthly. After editor Clara Jeffrey spent 2016 throwing the kitchen sink at Sanders, the approving nod for Schumer.
WNY fairgrounds asked to delay tornado cleanup until Cuomo arrived, fair CEO says Syracuse Post-Standard (Bob). Classy!
Mississippi Nissan workers hope for historic win in 14-year fight to unionize Guardian. Good to see the newly populist Democrat leadership out there walking the picket line. Oh, wait….
NBER. Mitchell to Burns about Friedman. 1945 Economics in the Rear-View Mirror
Nobody Cares About the Discourse Jacobin. But all is not lost–
Keywords for the Age of Austerity 30: Thought Leader The Age of Austerity. Fun site!
Antidote du jour (via):
See yesterday’s Links and Antidote du Jour here.