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washparkhorn

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Everything posted by washparkhorn

  1. Boebert yelling/speaking at CPAC now. What a clown. “We need to prosecute Fauci!”
  2. The Reagan is traversing the Taiwan Strait next week. We have brave men and women in harm’s way. Keep them in your thoughts.
  3. There’s the rub. And why good news is bad news. The Fed sees an economy running too hot and in need of a cooldown. How to do that? Raise those rates to make borrowing more expensive and therefore slowing the economy. The Fed prefers a soft landing but is willing to trigger a recession to combat inflation.
  4. Good news is bad news. The Fed will continue to punish in their fight against inflation.
  5. The People’s Liberation Army in China fired 11 Dongfeng ballistic missiles into waters north, east and south of Taiwan between 1:56 p.m. and 4 p.m. local time Thursday, the island’s Defense Ministry said in a statement. Sun Li-fang, a ministry spokesman, earlier said missiles had been fired from land, without providing more details. China also sent long-range rockets near the northwestern outlying islands of Matsu and Dongyin, and Wuqiu in the west, Taiwan confirmed. Its defense ministry said it had strengthened its guard around the islands, which are located closer to China’s coastline than Taiwan. Japan’s Defense Minister Nobuo Kishi condemned Beijing for its actions, saying it marked the first time a ballistic missile belonging to the Chinese military had landed within the waters of its exclusive economic zone, according to Kyodo News. https://www.msn.com/en-us/news/world/china-likely-fired-missiles-over-taiwan-in-drills-japan-says/ar-AA10hlFP
  6. “The federal charges announced today allege that members of the Place-Based Investigations unit falsified the affidavit used to obtain the search warrant of Ms. Taylor’s home,” Garland said, adding “that this act violated federal civil rights laws and that those violations resulted in Ms. Taylor’s death.” Garland also said the search warrant was sought while officers knew they lacked probable cause for the search. Jaynes and Goodlett, Garland said, falsely claimed officers verified the target of the alleged drug trafficking had received packages at Taylor’s address. “Defendants Jaynes and Goodlett knew that was not true,” Garland said. ————- Sick.
  7. China puts Taiwan in check. Taiwan now must decide how to respond to ChiCom incursion into Its territorial waters.
  8. OPEC+ signals oil consumers can puns sand on production increases. https://www.opec.org/opec_web/en/press_room/6984.htm
  9. NYT Thomas Friedman oped on why the Pelosi trip was not a good idea: https://www.nytimes.com/2022/08/01/opinion/nancy-pelosi-taiwan-china.html
  10. Understood, but whether additional pressure is wise at this juncture is where I err towards caution. I expect this will rally Chinese patriotism at a time when ChiCom leadership is being tested internally (weak domestic demand; zero Covid policy, housing instability). China’s largest trading partners (the US and the EU) are headed towards recession, which will only exacerbate China’s slowing growth. The ChiComs are doing a fine job killing themselves - so why interrupt them?
  11. I see no benefit in the Speaker of the House visiting Taiwan other than the signals intelligence we gather from the Chinese response. It is an escalation of the Pivot begun by Obama and carried forward by Trump. Human error in this setting could be catastrophic. The cost-benefit analysis does not support this visit.
  12. Elites Theory of Democracy (tldr - cannot trust the voting majority to do the right thing)). https://plato.stanford.edu/entries/democracy/#ElitTheoDemo Neoliberalism provides another approach to the “problem” of the majority making “bad” voting decisions (tldr: corporations should make decisions traditionally left to government (privatization). https://plato.stanford.edu/entries/democracy/#ElitTheoDemo
  13. Very well done. The cinematography is outstanding. The original soundtrack music (Mogwai) fits perfectly. One episode left.
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