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Posts Tagged ‘politics’

I return to my earlier dark suspicions about Trump’s direction. Stubbornly pushing tariffs, the way he disposed of his economic adviser Kohn – the one who was behind the famous tax cuts last December and is the advocate for free trade – despite being a Dem. The way he undermines his own administration – just as Mnuchin says “we are not getting into trade wars” ->Trump contradicts him with “trade war is not a bad thing”. The way he caved in to gun-control campaigners. The way the stocks fall and jump on his every tweet doesn’t inspire much confidence either.

Actually, I realize my unease about Trump’s steadfastness (or lack of ) never left me and is hovering in the back of my mind all the time.

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Reading “Dictator”

For a week I’ve been immersed into my beloved Rome, with her oratory, unstable alliances, betrayals, dirt, blood, glory, gold, grееd, gluttony, pride, hypocrisy, superstition, glamour, iniquity, humiliation, her architectural and engineering genius,  military order and plebeian chaos – and  her foundations of law,  divisions of state power, ideological ideals. Into life of Cicero – and his struggle to uphold the Republic. Of Caesar and his Rubicon.

It has been a suitable background tone for current political events – tectonic shifts, rather.

The Nunes Memo was the Rubicon, and everything from here on out is battlespace preparation.

[Trent Telenko via ChicagoBoyz].

Wait and see, citizens. Life is interesting again.

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Believing in national stereotypes has its downside: risk of falling in deep doo-doo. Like that bon mot by Napoleon in this post’ title. What kind of business genius will repeat the same mistake – that cost him dearly, practically ruining the golden goose – twice? English, apparently.

The Boston Tea Party: 1773

Salt Tax in India: 1835

Could it be possible that British East India Co continuously employed MBA graduates starting 1770’s?

 

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DailyWire:

In 2013, Amanat [ Huma Abedin’s cousin] partnered with Russian businessman Vladislav Doronin to purchase a high-end resort* for over $350 million. Doronin moved from Russia to Switzerland to work for Marc Rich, who escaped the United States after he was indicted for fraud and illegal trading with Iran. Rich was pardoned by former President Bill Clinton on his last day in the White House. USA Today reports:

Clinton’s motive for pardoning Rich on his last day in office was questioned because Rich’s ex-wife, Denise Rich, was a wealthy Democratic donor who made a $450,000 donation to Clinton’s presidential library foundation and more than $100,000 to Hillary Clinton’s Senate campaign.

(more…)

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The devotees of the party in power are smug and arrogant. The devotees of the party out of power are insane.

[Megan McArdle, 2003 – at biblical times of Asymmetrical Information, when Megan was on the Right]

Happened by chance to this quote, the post and thread – and nostalgia washed over. Not for being young [relatively] and smart [that, too] – but sharing in their company. Ah, the wit, the civility (compared to contemporary discourse), the intellectual sparkle – how I miss them. Another thought: that nobody learns the lesson. Read the post @the link and you’ll know it.

Interesting, how many 20 to 30-somethings now, hearing the name Megan McArdle, will confuse her with despicable Meghan Markle?

PS

Megan is still churning out aphorisms – regrettably, now on Twitter:

My working theory of bitcoin arguments: there’s a small cadre of experts with sophisticated theories about what bitcoin’s good for, surrounded by lots of speculators, anarchists, & goldbugs. The conversation is driven by the experts. But the price of bitcoin is driven by the rest

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QotD

First They Came For Lee…

[read the whole thing!]

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In a nutshell

The entire reason for the conflict in Donbas and the seizure of Crimea (conflicts that Merkel is allegedly attempting to mediate) were Ukraine’s attempt to move closer to Europe.

That is: (1) Ukraine takes “more Europe” seriously, and enters into an agreement with the EU that would open up trade with an eye on Ukraine joining the union in the future, (2) Putin takes exception to this, and initiates a series of actions that culminate with the ouster of Yanukovych followed by the seizure of Crimea, and a hot war in Donbas, (3) the US Senate attempts to penalize Russian actions by sanctions, and (4) the Europeans scream bloody murder at US intrusion into their policy domain.

In other words, when forced to put their money (and their gas) where their mouths are, the Europeans jettison “more Europe”. And then turn around and slag the US for taking them at their word.

Streetwise Professor

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