The soft fascism of public-private partnership becomes hard fascism:
“When drug companies won’t sell taxpayer-funded drugs at reasonable prices, we will be prepared to allow other companies to provide those drugs for less,” White House National Economic Advisor Lael Brainard said during a call with reporters Wednesday.
More.
Hard or soft, this is state capitalism.
Story here.
Combined with the Santos expulsion last week, the House GOP majority now goes down to 220 effective Jan 1, just a seven seat advantage over the Democrats, which guarantees that the new, more conservative Speaker Johnson will have to continue to compromise with Democrats to pass spending bills:
The removal of Santos lowers the number of House Republicans to 221, with 213 Democrats. This makes it even more difficult for the majority to pass legislation without Democratic support.
McCarthy's revenge.
2015 here:
Camille Paglia has written a scathing critique of Taylor Swift, referring to the singer as an “obnoxious Nazi Barbie” whose “twinkly persona is such a scary flashback to the fascist blondes who ruled the social scene during my youth”.
But despite his litany of grievances, the mayor stopped short of calling for Zelensky’s immediate ouster. “The president has an important function today, and we have to support him until the end of the war,” Klitschko said. “But at the end of this war, every politician will pay for his successes or failures.”
More.
Menendez has denied taking payoffs from Daibes even though prosecutors allege testing shows Daibes’ fingerprints and DNA are on some of the tens of thousands of dollars in cash found in Menendez’s home.
“For 30 years, I have withdrawn thousands in cash from my personal savings account, which I have kept for emergencies and because of the history of my family facing confiscation in Cuba,” Menendez said.
Looks like they'll finally get this guy.
According to Richard Spencer and Nick Fuentes, who agree that Trump broke their hymen, being anti-Israel just means you are educated. Being pro-Israel means you are a moron.
Musk can extract the $44 billion price tag for tax loss purposes and relaunch the thing as the everything platform he keeps talking about.
This reminds me of the incredulity of Wall Street over Powell's relentless increases to the Federal Funds Rate. He telegraphed it repeatedly months in advance and then raised rates incrementally and said he would keep doing so, but they would not believe, and still do not.
Newsom is just full of it, as usual.
Newsom: “You were a lockdown Governor… you locked down your beaches bars and restaurants… that’s just a fact. He’s running away from his record.”
DeSantis: “He’s imposed restrictions on his own people while exempting himself from those restrictions and going to the French Laundry while his people were suffering.”
Price increases at 3.5% instead of 3.7% year over year. This level remains outside of most people's experience since the late 1990s.
The broad measure fell to 3.0% from 3.4%. The energy goods and services component yoy has been negative, that is deflationary, for eight months in a row. The food component was up 2.0% year over year in October but is now in its tenth month of declines out of twelve on a year over year measure monthly.
Declining energy input costs have been the story behind declining inflation measures overall, primarily natural gas which is twice as important to the U.S. economy as gasoline on a BTU basis.
The Biden administration's green energy policy is at war with the reason for the happy circumstance of declining inflation measures it finds itself in, and Biden could be sailing to re-election if he were instead supporting fossil fuel production, which would slay the inflation dragon dead.
