davel

An Al Mayadeen investigation of July 19th laid bare the US Navy’s crushing defeat by Yemen’s AnsarAllah, in Washington’s initially-vaunted Operation Prosperity Guardian. Western media has finally acknowledged the Empire’s comprehensive trouncing by God’s Partisans, in an epic David vs Goliath triumph. Elsewhere, reporting on the much-hyped USS Eisenhower aircraft carrier strike group’s return to base after months of relentless bombardment by the Resistance amply underlines how aircraft carriers - the core component of US hegemony for decades - are quite literally dead in the water.

Economically to the right of Genocide Joe.

Long-term capital gains, or assets held for more than one year, are currently taxed at a maximum rate of 20%.

So not nothing, but not much, assuming the change can be pushed through at all. Nothing will fundamentally change. These taxes wouldn’t even affect well-paid workers; they only kick in at $1M.

This stuff was posted on two sites:

• Ryan Grim & Jeremy Scahill’s new Drop Site
• Matt Taibbi’s Racket News

I haven’t gone through all the content yet, but over the last ~6 years I’ve come to take Jeffrey Sachs at his word, moreso than Naomi Klein. He’s been consistently what he appears at face value.

• Ryan Grim: Jeffrey Sachs: A Front Row Seat to the Cold War That Never Ended
• Matt Taibbi: What I Got Wrong About “Shock Therapy”
• Ryan Grim & Emily Jashinsky interview Matt Taibbi & Jeffery Sachs: A True Shock? Economist Jeffrey Sachs Reveals Secret at Heart of U.S.-Russian Relations (YouTube video)

It appears that Senator Elizabeth Warren was spot on in her assessment of the lack of a backbone for Federal Reserve Chairman Jerome Powell when it comes to raising capital requirements on the powerful megabanks on Wall Street.

Powell doesn’t lack backbone. The private banking cartel largely runs the Fed, and he’s their elected capo. The Fed is a racket.

I’m no expert on the Foreign Agents Registration Act, but the revisions to it seem to have removed “political propaganda” from it, such that it is focused on “lobbying,” so on first blush the executive branch seems to be on shaky legal ground. BlueAnoners will eat this up, though.

inb4 mbfc

There will always be some ineradicable incentive for unions to do things that benefit their own members even if they do some vague harm to society at large. Corporations will always try to exploit this incentive for their own benefit. It is easy to say in an abstract sense “Unions shouldn’t give in to that,” but in the real world, it is not easy at all. Should the United Mine Workers demand that coal mines shut down, because of the environment? Should the Machinists union tell Boeing to shut its factories where its members manufacture weapons that are used to blow up poor people on the other side of the world? Etc. Antitrust issues can sometimes be seen as just another big picture dilemma that does nothing to help working people put food on the table right now.

In lieu of solving this timeless tension in today’s little blog post, let’s think about the more modest goal of how antitrust and organized labor can work together more effectively. First, we all have to realize that we’re all part of one holistic policy goal. We think that allowing corporations to proceed unchecked down the road to ultimate power is a bad idea. It is bad for workers, who will be crushed, and it is bad for governments, who will be co-opted, and it is bad for all citizens, who will suffer as corporate power sweeps away regulations and rearranges all of society to benefit shareholders at the expense of everything else, like AI gone awry. Organized labor should make it a point to use its own political capital—a very real weapon, if Kamala Harris wins the White House—to support antitrust efforts and protect its enforcers. And the antitrust world should correspondingly recognize the fact that simply limiting corporate power by fighting monopolies will never be enough; unless there are unions inside of the companies to constantly exercise power on behalf of the workers, there is no actual institution that will be carrying on the fight to prevent companies from just proceeding right back down the same harmful monopolistic path over and over again. We’re peas in a pod here. Don’t want huge companies and their idiot billionaire bosses to run the world? Break them up, and unionize them. It’s the best program we have.

https://beta.maps.apple.com/

It doesn’t seem to support Firefox or mobile browsers, at least not.

Maps on the web is compatible with these web browsers

On your Mac or iPad

• Safari
• Edge
• Chrome

On your Windows PC

• Edge
• Chrome

https://beta.maps.apple.com/

It doesn’t seem to support Firefox, or not yet at least.
Maps on the web is compatible with these web browsers

On your Mac or iPad

• Safari
• Edge
• Chrome

On your Windows PC

• Edge
• Chrome