Don’t Sell Out the Arctic National Wildlife Refuge to Oil Companies Audobon Society (guurst). Please consider signing.
Triton is the world’s most murderous malware, and it’s spreading MIT Technology Review (Robert R)
Encouragement Without Education Backfires On Recycling Efforts Gizmodo. Someone on my floor is horrible about recycling. Puts non-recyclable stuff in bins and also puts stuff that is recyclable in wrong bin.
More people in their 30s and 40s are having strokes. How to recognize and prevent them MPR News (UserFriendly)
Study reveals how psychedelic psilocybin improves long-term creative thinking New Atlas (David L)
U.S.-China Trade Deal Isn’t Imminent So No Summit Date Set, Envoy Says Wall Street Journal. Mr. Market will not be happy.
Demystifying Debt Along China’s New Silk Road The Diplomat. Resilc: “The local corruption on these projects has to be staggering.”
China’s exports fall more than 20% in February; overall trade data come in much weaker CNBC. Note China regularly reported crappy trade data the month before it was up for its semi-annual review by Treasury for whether it was a currency manipulator when the Administration was making serious noises about pulling the trigger.
North Korea’s Game Plan And Its Upcoming Satellite Launch Moon of Alabama (Kevin W)
US wants Pyongyang to explain rebuilding at rocket launch site Financial Times
ECB Follows Fed in Flip-Flopping on Interest Rate Guidance Bloomberg (UserFriendly)
US Dollar Hits 52-Week High in Cleanest-Dirty-Shirt-Syndrome on New ECB Stimulus, as Old ECB Stimulus Fails to Stimulate Wolf Street. (EM). Good detail but perpetuates the misunderstanding that negative interest rates are stimulative. They signal deflationary expectations, and in deflation, the right approach is to defer spending. In addition, negative interest rates and even negative real yields deprive savers of income. In the US, Ed Kane estimated that super low rates deprived savers, particularly retirees, of $300 billion in income. Contrary to what economists want to believe, those savers do not dig into capital but generally hunker down and spend less, which is contractionary.
Setting the Stage for an Encounter at the Colombia-Venezuela Border Counterpunch (resilc)
MSNBC’s Ali Velshi Chokes On His Own Propaganda Lee Camp. From earlier this week, still germane.
This article from an 🇦🇷Argentina is pretty 🔥🔥🔥
1. Guaidó managed to convince @VP Mike Pence half the military would join him
2. Pence somehow believed him
3. 0.1% of the Venezuelan army has joined Guaidó
4. Pence is furious at Guaidóhttps://t.co/YQAe8iXcsB
— Alan MacLeod (@AlanRMacLeod) March 7, 2019
New Cold War
Russian ship with ‘vomit-inducing weapon’ spotted off UK coast Independent (resilc)
“Watch the film the Israeli lobby didn’t want you to see” Sic Semper Tyrannis (Chuck L)
Foreign Office grants Zaghari-Ratcliffe diplomatic protection Guardian (Kevin W). So now the UK acts, after she’s been imprisoned for three years.
Big Brother is Watching You Watch
Facebook’s new move isn’t about privacy. It’s about domination Guardian (David L)
Mark Zuckerberg’s vision for Facebook sounds a lot like China, where I couldn’t buy a cup of coffee without the app that dominates people’s lives there Business Insider (Kevin W). Similar theme to Guardian account.
A New Method of DNA Testing Could Solve More Shootings Wired (resilc)
Paul Manafort gets just 47 MONTHS in jail for tax and bank fraud after judge calls Mueller’s demand for 19 to 24 YEARS ‘excessive’ and says Trump’s wheelchair-bound campaign chair ‘lived an otherwise blameless life’ Daily Mail
Mueller team wants to withhold 3.2 million ‘sensitive’ docs from indicted Russian company Fox News (Kevin W). A troll farm.
Trump Administration Weighs Publicizing Rates Hospitals Negotiate With Insurers Wall Street Journal (UserFriendly)
Omar uproar swamps Pelosi Politico (UserFriendly)
Congressional Vote Of Bigotry Exposes 23 Bigots– Or 24 If You Count One Who Refused To Vote DownWithTyranny! Skip: ” readers might enjoy both the editorial on Ilhan Omar by the dean of Israeli journalists, Gideon Levy of Haaretz, and the imbeded keynote he gave last year at a conference on Israeli influence on American foreign policy that I thought quite impressive, courage I wish we’d see more of in American journalists.”
Green New Deal
The case for green realism Project Syndicate. Today’s must read.
Sen. Sherrod Brown, Democrat from Ohio, won’t run for president Washington Post (UserFriendly)
With Bloomberg Out, Wall Street Desperately Turns to Biden Vanity Fair (resilc)
César Hidalgo: A bold idea to replace politicians TED Talk (UserFriendly). In the spirit of “No idea is so bad that you can’t come up with something worse.”
Lyft’s IPO disclosure shows it’s not close to profitability and has no good way to get there Mike Hiltzik, Los Angeles Times. A shout out to Hubert!
Tesla is reportedly sending employees home early to cuts costs Business Insider (Kevin W)
Modern Monetary Theory: Democrats Should Try New Economic Ideas Bloomberg (UserFriendly)
The Reformation in Economics by Philip Pilkington review: a revolutionary approach Irish Times (UserFriendy). Pilkington once wrote regularly for NC.
Economics After Neoliberalism Boston Review (resilc). Also flagged in commments.
To Reduce Inequality, Let’s Downsize the Financial Sector Dean Baker (Brian M)
Gender wealth gap could take two centuries to close Financial Times. So much for women’s liberation. By then, the Jackpot will have come and men’s strength will give them the upper hand.
How to Think About Taxing and Spending Like a Swede New York Times. Resilc: “And less DoD spending.”
Antidote du jour (John B): “Grazing Cow at Cliff Edge on Inishmore, Aran Islands.”
And a bonus (martha r):
Please say something about this mesmerizing Blue-footed Booby! pic.twitter.com/rZfJfpPsQ7
— Welcome To Nature (@welcomet0nature) January 20, 2019
See yesterdays Links and Antidote du Jour here.