2:00PM Water Cooler 3/27/2024 | naked capitalism
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By Lambert Strether of Corrente.
Bird Song of the Day
Red-winged Blackbird (California Bicolored) Moonglow Dairy (Fri-Sun only; closed Mon-Thur), Monterey, California, United States. āChorus from some of a group of at least 20 birds in a small hedgerow adjacent to a feedlot.ā Love the āMoonglow Dairyā (with hours). Have any readers visited?
Politics
āSo many of the social reactions that strike us as psychological are in fact a rational management of symbolic capital.ā āPierre Bourdieu, Classification Struggles
2024
Less than a year to go!
* * * Trump (R) āBillionaires sought to help fund Trump bond in civil fraud case, sources sayā [Reuters]. āBillionaire hedge fund founder John Paulson was involved in the behind-the-scenes effort by donors concerned about Trumpās legal woes and looking to help provide money toward the bond, two of the sources told Reuters. Oil and gas magnate Harold Hamm was also involved, one of those sources saidā¦ A fourth source, a Trump ally, said he had direct knowledge of one donor who offered more than $10 million toward the bond over the weekend, before being told it was not necessary. After Mondayās court decision allowing a smaller bond, Trump said he would now be able to payā¦. Surety companies would have likely required Trump to post about $558 million in collateral for the original bond, or 120% of the judgment, according to Trumpās lawyers. Full details of the billionairesā efforts to raise funds, such as how much each donor had potentially pledged, were not immediately available. . It was not clear whether the mega-donors would offer to help fund the new bond.ā ā¢ Musical interlude.
Trump (R): āTrumpās New York hush money case is set for trial April 15ā [Associated Press]. āJudge Juan M. Merchan scoffed at the defenseās calls to delay the case longer or throw it out entirely because of a last-minute document dump that had bumped the first-ever trial of a former president from its scheduled Monday start. Trump vowed to appeal the ruling. Barring another delay, the presumptive Republican nominee will be on trial as a criminal defendant in just three weeks ā an inauspicious homecoming in the city where he grew up, built a real estate empire and gained wealth and celebrity that propelled him to the White House. The trial, involving allegations related to hush money paid during Trumpās 2016 campaign to cover up marital infidelity claims, had been in limbo after his lawyers complained about a recent deluge of nearly 200,000 pages of evidence from a previous federal investigation into the matter.ā 200,000 pages seems like rather a lot. But: āAssistant District Attorney Matthew Colangelo said the number of relevant, usable, new documents in the recently provided evidence āis quite smallā ā around 300 records or fewer. Trumpās lawyers contend thousands of pages are potentially important and require painstaking review. They argued the delayed disclosures warranted dismissing the case or at least pushing it off three months. āWe are not doing our jobs if we donāt independently look at the new material,ā Blanche told the judge. āEvery document is important.ā The DAās office denied wrongdoing and blamed Trumpās lawyers for bringing the time crunch upon themselves by waiting until Jan. 18 to subpoena the records from the U.S. attorneyās office ā a mere nine weeks before the trial was originally supposed to start.ā
Trump (R): āTrumpās media company valued at almost $8 bln in strong Wall St debutā [Reuters]. āShares of Donald Trumpās Trump Media & Technology Group surged as much as 59% on Tuesday in their Nasdaq debut, lifted by the former U.S. presidentās supporters and providing him a potential windfall as he grapples with the costs of several legal cases.ā ā¢ Handy chart:
Hard to see how that holds up.
Trump (R): āTrump is selling āGod Bless the USAā Bibles for $59.99 as he faces mounting legal billsā [Associated Press]. ā¢ Perhaps God already did, and we squandered it:
(This animated version is all I can find.)
* * * Trump (R): āForensic psychiatrist on physical signs of Trumpās mental decline: āChanges in movement and gaitā [Salon]. āDr. John Gartner, a prominent psychologist and contributor to the bestselling book āThe Dangerous Case of Donald Trump: 27 Psychiatrists and Mental Health Experts Assess a President,ā has repeatedly warned in a series of conversations about Trumpās apparent challenges in cognition and communication that something seems to be very wrong with the ex-presidentā¦ Dr. Gartnerās attempts to sound the alarm about Trumpās behavior have been joined by the hundreds of medical professionals who have signed his Change.org petition, āWe diagnose Trump with probable dementia: A petition for licensed professionals only.ā To deny the obvious about Donald Trumpās evidently diseased mind is to deny reality and to ignore the real possibility that a man who is already morally and ethically corrupt and now appears to be experiencing problems with his thinking could be back in the White House with the awesome responsibility and power of the presidency ā including the sole authority to order the use of Americaās nuclear weapons. Trumpās mind and overall behavior and character are not just a national emergency but a global crisis as well. Because of a commitment to horserace journalism, fake objectivity and balance, self-interest and fear, the mainstream American news media ā especially the elite agenda-setting news media ā has largely ignored Donald Trumpās obvious struggles with communication and cognition.ā ā¢ Two can play the armchair diagnosis game. Iām only surprised that the Democrats havnenāt done it for Kennedy already. This guyās really churning it outā
Trump (R): āāHastening his deteriorationā: Dr. John Gartner on impact of court trials on āTrumpās fragile brain’ā [Salon]. ā¢ Note that if this is an explicit rationale for lawfare, itās even more cynical than I would have imagined, and I do try.
* * * Biden (D): āFighting forā:
Kamala and I aren’t done lowering health care and prescription drug costs and improving health care for the American people.
Here’s our plan to build on that progress: pic.twitter.com/al3XY65rB8
ā President Biden (@POTUS) March 26, 2024
I canāt be the only person who sees how dumb that trope is. But I guess itās focus-grouped, so, oh well. (Meanwhile, why on earth isnāt Medicaid estate recovery on that list?)
Biden (D): āThe Biden Campaign Is Quietly Preparing a Trump Ambushā [The Daily Beast] āāItās aggressive,ā a source within the Biden campaign said, requesting anonymity to speak candidly of the mood inside the re-election team. āThereās a lot of travel, thereās a lot of work. Itās all exciting. Weāre heading into this final fundraiser of the month with the former presidents [Obama and Clinton], but itās aggressive.ā Taking advantage of a substantial fundraising lead, the Biden campaign is focusing on two key areas: travel and organizing. Since his State of the Union, Biden has visited every major battleground stateā¦ Trump, on the other hand, has only done a rally in Ohio and another in the battleground state of Georgia since Super Tuesdayā¦ Second, the Biden campaign is going full steam ahead on hiring in the battleground states, approaching 100 field offices with more than 130 staffers spread across eight major battleground states: Pennsylvania, Michigan, Wisconsin, Georgia, Arizona, and Nevada, as well as North Carolina and New Hampshireā¦ Chris LaCivitaāa top Trump campaign adviser who is also the chief operating officer of the Republican National Committeeārejected the idea that the former presidentās team should disclose its organizing plans. āBy combining forces and operations, The Trump campaign and RNC are deploying operations that are fueled by passionate volunteers who care about saving America and firing Joe Biden. We do not feel obligated however to discuss the specifics of our strategy, timing and tactics with members of the News Media,ā LaCivita told The Daily Beast.ā ā¢ LaCivitaās onto something thereā¦.
* * * Kennedy (I):
Get to know my running mate, Nicole Shanahan:https://t.co/8deogGhnXP pic.twitter.com/fZM3HZKexQ
ā Robert F. Kennedy Jr (@RobertKennedyJr) March 26, 2024
She certainly looks confident at the podium (I always look at peopleās feet; she has a strong stance). And compare her to the competition. Harris? Shanahan looks pretty good. Whoever Trumpās considering these days, like Rubio? I must admit I was hoping for a real populistā¦ But whoās on that short list?. Weāll have to see how she does on the trail. Quite the career change for a former patent attorney.
Kennedy (I): āBiden and Trump know Kennedyās VP choice is a game changerā [The Hill]. āThe 38-year-old Shanahan has a remarkable life story. She grew up on welfare, is Asian-American, a lawyer, the California-based founder and president of Bia-Echo Foundation ā a nonprofit that issues grants for issues including reproductive rights, equality, criminal justice reform and the environment ā is a single mother to a daughter with autism and is the former wife of Google cofounder Sergey Brin. Aside from her entrepreneurial background, high energy and intelligence, Shanahan immediately amplifies or outright fills multiple needs of the Kennedy campaign. She can speak directly to female voters, the high-tech community, young voters, minority voters, the working poor, the disenfranchised ā and dissatisfied Democrats. Shanahan also immediately checks another critical box for Kennedy: Multiple states require an announced vice-presidential running mate to get on the ballot. With Shanahan now on the ticket, it will create both media attention and increased momentum within those states.ā
* * *
* * * Iām here for it:
A North Texas school teacher and U.S. Army veteran has legally changed his name to Literally Anybody Else and announced he is running for U.S. president. https://t.co/D5f2DCKd2X
ā NBC DFW (@NBCDFW) March 26, 2024
Finally, somebody asks for my vote (hat tip Martin Oline). Suggestions for Vice President? āMeteor Strikeā?
Spook Country
The organs of state security speak:
Mike Rogers defends unconstitutional, warrantless surveillance of Americansātelling the House Intelligence Committee that āsomebody must be doing something exactly rightā at the NSA. āYou canāt have your privacy violated if you donāt know your privacy is violated, right?ā pic.twitter.com/MIx9PHII5G
ā Justin Amash (@justinamash) March 26, 2024
Said every voyeur, hidden camera AirBnB host, and upskirt photographer ever. And every spook, of course.
The Wizard of Kaloramaā¢
āObama making regular calls to Bidenās chief of staff, fears Trump 2024 win: reportā [FOX]. āObamaās calls with Zients and top aides at Bidenās campaign reportedly center around election strategy and relaying advice from Obamaās team. A senior aide on Obamaās team told the Times that the former president has āalwaysā been concerned about a Trump victory, and he is now working to bolster the Biden campaign any way he canā¦. The source added that Biden also has frequent discussions with former President Clinton, and he has aides follow up with both of the former leadersā teams on a regular basis. [TIME Magazine] reported that Obama met personally with Biden on at least two recent occasions and expressed concern that he could lose the 2024 election. Obama reportedly advised Biden to become more aggressive and make the upcoming presidential race a referendum on Trump. During a private lunch, Obama told Biden his campaign was unstable, persuading unhappy voters would be a challenge and defeating Trump would be more difficult than 2020, according to a Democrat briefed on the discussion. A spokesperson for Obamaās office highlighted the teamās unity behind Biden in a statement to Fox News Digital last week, saying the Obama Alumni Association hosted an event for Bidenās re-election campaign, during which attendees chanted, āFired up, ready to go,ā in support of the president.ā ā¢ āFired up, ready to goā I remember hearing ā well, reading ā that chant on Daily Kos back in 2008, and thinking how doomed we all were (this was after multiple experiences with Obots calling me a racist as only their second move when I expressed skepticism about Obama).
Realignment and Legitimacy
Interesting. Readers, thoughts?
A tragedy:
One thing I’ve noticed so far in this 2024 election. Not one candidate from any party nor independents has been able to host a rally that comes even remotely close to drawing in tens of thousands of people like #Bernie2016 and #Bernie2020 did. Those were some incredible times. pic.twitter.com/tKjDd0MJWt
ā The Bern Identity (@bern_identity) March 26, 2024
And I donāt mean ātragedyā ironically or lightly. āThere remains, then, the character between these two extremesā that of a man who is not eminently good and just, yet whose misfortune is brought about not by vice or depravity, but by some error or frailty. He must be one who is highly renowned and prosperousāa personage like Oedipus, Thyestes, or other illustrious men of such families.ā
#COVID19
āI am in earnest ā I will not equivocate ā I will not excuse ā I will not retreat a single inch ā AND I WILL BE HEARD.ā āWilliam Lloyd Garrison
Resources, United States (National): Transmission (CDC); Wastewater (CDC, Biobot; includes many counties; Wastewater Scan, includes drilldown by zip); Variants (CDC; Walgreens); āIowa COVID-19 Trackerā (in IA, but national data). āInfection Control, Emergency Management, Safety, and General Thoughtsā (especially on hospitalization by city).
Lambert here: Readers, thanks for the collective effort. To update any entry, do feel free to contact me at the address given with the plants. Please put āCOVIDā in the subject line. Thank you!
ake effect by summer. The move by the Democratic administration angered board members, who called it a ālast-minute stuntā that undermines their regulatory process. It also sparked a protest by warehouse workers, who temporarily shut down the meeting as they waved signs declaring that āHeat Kills!ā and loudly chanted, āWhat do we want? Heat protection! When do we want it? Now!’ā ā¢ Gavin Newsom, the workerās friend.
Resources, United States (Local): AK (dashboard); AL (dashboard); AR (dashboard); AZ (dashboard); CA (dashboard; Marin, dashboard; Stanford, wastewater; Oakland, wastewater); CO (dashboard; wastewater); CT (dashboard); DE (dashboard); FL (wastewater); GA (wastewater); HI (dashboard); IA (wastewater reports); ID (dashboard, Boise; dashboard, wastewater, Central Idaho; wastewater, Coeur dāAlene; dashboard, Spokane County); IL (wastewater); IN (dashboard); KS (dashboard; wastewater, Lawrence); KY (dashboard, Louisville); LA (dashboard); MA (wastewater); MD (dashboard); ME (dashboard); MI (wastewater; wastewater); MN (dashboard); MO (wastewater); MS (dashboard); MT (dashboard); NC (dashboard); ND (dashboard; wastewater); NE (dashboard); NH (wastewater); NJ (dashboard); NM (dashboard); NV (dashboard; wastewater, Southern NV); NY (dashboard); OH (dashboard); OK (dashboard); OR (dashboard); PA (dashboard); RI (dashboard); SC (dashboard); SD (dashboard); TN (dashboard); TX (dashboard); UT (wastewater); VA (dashboard); VT (dashboard); WA (dashboard; dashboard); WI (wastewater); WV (wastewater); WY (wastewater).
Resources, Canada (National): Wastewater (Government of Canada).
Resources, Canada (Provincial): ON (wastewater); QC (les eaux usƩes); BC (wastewater); BC, Vancouver (wastewater).
Hat tips to helpful readers: Alexis, anon (2), Art_DogCT, B24S, CanCyn, ChiGal, Chuck L, Festoonic, FM, FreeMarketApologist (4), Gumbo, hop2it, JB, JEHR, JF, JL Joe, John, JM (10), JustAnotherVolunteer, JW, KatieBird, LL, Michael King, KF, LaRuse, mrsyk, MT, MT_Wild, otisyves, Petal (6), RK (2), RL, RM, Rod, square coats (11), tennesseewaltzer, Tom B., Utah, Bob White (3).
Stay safe out there!
Infection
āIs It Dangerous to Keep Getting COVID-19?ā [Time]. From January 2024: āDr. Ziyad Al-Aly, clinical epidemiologist at Washington University in St. Louis, studies Long COVID: a condition marked by health effects that linger after infection. āReinfection remains consequential,ā he says. In a paper published in Nature Medicine in 2022, he found that people who had gotten COVID-19 at least twice experienced higher rates of short- and long-term health effects, including heart, lung, and brain issues, compared to those who were only infected once.ā ā¢ Al-Aly was also prominent at the recent Senate Long Covid hearings. I am made somewhat more optimistic than readers might expect by seeing the press diverge from the conventional wisdom of denial and minimization so encouraged by the public health establishment. Note also the link to the complete, free article in Nature; the much maligned medical publishing industry deserves a lot of credit for open-sourcing so much of their Covid material; and here is Al-Alyās article, doing the good work is was intended to do.
Sequelae
āBioTRUST Nutrition launches Eternal Mind for cognitive supportā [Nutraceutical Business Review]. āThe novel product features PLTās Nutricog Cognitive Performance Complex, an ingredient that has been clinically demonstrated to provide significant improvements across multiple cognitive domains, including learning, memory, attention, focus and executive function.ā ā¢Ā I am not endorsing this product [shudder]. I am wondering whether there is an upsurge in products like this, since it seems that would be a good proxy for peopleās self-perceived loss of cognitive function, due to Covid infection. Can readers suggest a research strategy here?
TABLE 1: Daily Covid Charts
LEGEND
1) ā for charts new today; all others are not updated.
2) For a full-size/full-resolution image, Command-click (MacOS) or right-click (Windows) on the chart thumbnail and āopen image in new tab.ā
NOTES
[1] (Biobot) Our curve has now flattened out at the level of previous Trump peaks. Not a great victory. Note also the area āunder the curve,ā besides looking at peaks. That area is larger under Biden than under Trump, and it seems to be rising steadily if unevenly.
[2] (Biobot) Backward revisions, I hate them.
[3] (CDC Variants) As of May 11, genomic surveillance data will be reported biweekly, based on the availability of positive test specimens.ā āBiweeekly: 1. occurring every two weeks. 2. occurring twice a week; semiweekly.ā Looks like CDC has chosen sense #1. In essence, theyāre telling us variants are nothing to worry about. Time will tell.
[4] (ER) āCharts and data provided by CDC, updates Wednesday by 8am. For the past year, using a rolling 52-week period.ā
[5] (Hospitalization: NY) Looks like a very gradual leveling off to a non-zero baseline, to me.
[6] (Hospitalization: CDC) Still down. āMaps, charts, and data provided by CDC, updates weekly for the previous MMWR week (Sunday-Saturday) on Thursdays (Deaths, Emergency Department Visits, Test Positivity) and weekly the following Mondays (Hospitalizations) by 8 pm ETā ā.
[7] (Walgreens) Leveling out.
[8] (Cleveland) Flattening.
[9] (Travelers: Posivitity) Now up, albeit in the rear view mirror.
[10] (Travelers: Variants) JN.1 dominates utterly.
Stats Watch
There are no official statistics of interest today.
Manufacturing: āNext Boeing CEO needs to be ā1,000%ā on top of safety and culture: Buttigiegā [Washington Examiner]. āWhite House officials stated on March 15 that the Federal Aviation Administration and the National Transportation Safety Board were ātaking the actionā to ensure that Boeing airplanes are safe to fly on in the future. However, they did not clarify if President Joe Biden believes that Boeing planes are safe for consumers right now.ā ā¢ Oh. Nice to see Petey taking point on the issue, though.
Manufacturing: āMedia blackout of āsuicideā of Boeing whistleblower John Barnett continues as company CEO David Calhoun steps downā [WSWS]. āThat there is next to no mention of Barnett, his suit, or his death in the corporate media is by design. Boeing is already facing a public backlash from its near-catastrophes, as well as renewed focus on the deaths of 346 people on 737 Max 8 crashes in October 2018 and March 2019. Numerous memes have appeared on social media ridiculing the flight capabilities of the companyās aircraft, and options to exclude flights on Boeing planes are among the most popular options on travel websitesā¦. To acknowledge that Boeing is so concretely exposed would further undermine its already precarious position. Boeingās stock is down almost 26 percent from the beginning of the year, and the sole concern of those who own the major media outlets, many of whom have stock in Boeing, is pumping Boeingās shares back up to their December heights and beyondā¦ In other words, āthe fix is inā for Boeingās current slate of issues. None of the multimillionaires who oversaw and drove the systematic violation of safety standards and procedures will be held accountable. As in the past, the Republicans, the Democrats and the regulatory agencies, all of which are proxies for the corporate oligarchy, will do their best to bury the truth, regardless of the danger to human life.ā
Manufacturing: āThe CEO of Ryanair says the airline would regularly find missing seat handles and tools under floorboards on Boeing planesā [Business Insider]. ā¢ And you kept buying their planes?
Todayās Fear & Greed Index: 68 Greed (previous close: 67 Greed) [CNN]. One week ago: 74 (Greed). (0 is Extreme Fear; 100 is Extreme Greed). Last updated Mar 27 at 1:55:00 PM ET.
Zeitgeist Watch
āSean āDiddyā Combs faces sweeping sex-trafficking inquiry: What the feds have, need to proveā [Los Angeles Times]. āLaw enforcement sources told The Times that Combs is the subject of a sweeping inquiry into sex-trafficking allegations that resulted in a federal raid Monday at his estates in Los Angeles and Miami. Authorities have declined to comment on the case, and Combs has not been charged with any crime. But the scene of dozens of Department of Homeland Security agents ā guns drawn ā searching Combsā properties underscored the seriousness of the investigation.ā
āDiddy and his private jet shrouded in mystery as both have vanished following raids on rapperās homesā [New York Post]. āDiddy has seemingly disappeared ā and so has his jet. Around the same time as raids on his houses in California and Florida on Monday, the rapper and record company mogul was spotted frantically talking on his phone at Opa Locka Airport in Miami. It has since emerged that one of Diddyās employees, Brendon Paul, 25, had just been stopped at the airport and arrested on drug charges by Miami-Dade police.ā
Holier than Thou
āDallas megachurch pastor T.D. Jakes named in lawsuit against Sean āDiddyā Combsā [Gazette Extra]. āIn November 2022, Jakes attended Combsā 53rd birthday party, a representative for Jakes confirmed to The Christian Post, and video of him at the party was criticized on social media. Derrick Williams, executive vice president of entertainment at T.D. Jakes Enterprises, told The Christian Post in December 2023 that he attended Combsā birthday party with Jakes. āWe both greeted the family, Bishop Jakes recorded a brief celebratory birthday video and left immediately to take our other scheduled meetings. Any accusation to the contrary is wholly unsubstantiated, unverified, and false.ā In 2021, Jakes partnered with Revolt Media, a cable TV network co-founded by Combs, for an ongoing sermon series called āKingdom Culture with T.D. Jakes.ā Combs stepped down as chair of Revolt Media in November 2023 and reportedly sold his stake in the company this week.ā
News of the Wired
āTwo nights of broken sleep can make people feel years older, finds studyā [Guardian]. āThe researchers ran two studies. In the first, 429 people aged 18 to 70 answered questions about how old they felt and on how many nights, if any, they had slept badly in the past month. Their sleepiness was also rated according to a standard scale used in psychology research. For each day of poor sleep the volunteers felt on average three months older, the scientists found, while those who reported no bad nights in the preceding month felt on average nearly six years younger than their true age. It was unclear, however, whether bad sleep made people feel older or vice versa. In the second study, the researchers quizzed 186 volunteers aged 18 to 46 on how old they felt after two nights of plentiful sleep, in which they stayed in bed for nine hours each night, and two nights when they slept for only four hours a night. After two nights of restricted sleep, the participants felt on average 4.44 years older than when they had ample sleep. Feeling older was linked, unsurprisingly, to feeling sleepier. āIf you want to feel young, the most important thing is to protect your sleep,ā Balter said. Writing in Proceedings of the Royal Society B, the psychologists describe differences in peopleās responses to sleep loss depending on whether they were a morning person, who woke and went to bed early, or an evening person who rose late and retired late. Evening types typically felt older than their true age even after plenty of sleep, but morning types were hit harder in how old they felt when their sleep was disrupted.ā ā¢ Totally evening person here. And it is true that when I worked the night shift (āthe lobster shift,ā why?) it was a lot tougher. Iād walk home from the mill, stop for breakfast, and then go to sleep. It wasnāt easy.
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