Month: September 2020

F%$# 2020

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He looks exactly as I expected

Dave Graeber, heterodox and iconoclastic anthropologist who authored Bullshit Jobs, and Debt: The First 5,000 Years, has died at age 59:

David Graeber, anthropologist and anarchist author of bestselling books on bureaucracy and economics including Bullshit Jobs: A Theory and Debt: The First 5,000 Years, has died aged 59.

On Thursday Graeber’s wife, the artist and writer Nika Dubrovsky, announced on Twitter that Graeber had died in hospital in Venice the previous day. The cause of death is not yet known.

Renowned for his biting and incisive writing about bureaucracy, politics and capitalism, Graeber was a leading figure in the Occupy Wall Street movement and professor of anthropology at the London School of Economics (LSE) at the time of his death. His final book, The Dawn of Everything: a New History of Humanity, written with David Wengrove, will be published in autumn 2021.

………

Born in New York in 1961 to two politically active parents – his father fought in the Spanish civil war with the International Brigades, while his mother was a member of the international Ladies’ Garment Workers’ Union – Graeber first attracted academic attention for his teenage hobby of translating Mayan hieroglyphs. After studying anthropology at the State University of New York at Purchase and the University of Chicago, he won a prestigious Fulbright fellowship and spent two years doing anthropological fieldwork in Madagascar. In 2005, Yale decided against renewing his contract a year before he would have secured tenure. Graeber suspected it was because of his politics; when more than 4,500 colleagues and students signed petitions supporting him, Yale instead offered him a year’s paid sabbatical, which he accepted and moved to the UK to work at Goldsmiths before joining LSE. “I guess I had two strikes against me,” he told the Guardian in 2015. “One, I seemed to be enjoying my work too much. Plus I’m from the wrong class: I come from a working-class background.”

………

An anarchist since his teens, Graeber was a supporter of the Kurdish freedom movement and the “remarkable democratic experiment” he could see in Rojava, an autonomous region in Syria. He became heavily involved in activism and politics in the late 90s. He was a pivotal figure in the Occupy Wall Street movement in 2011 – though he denied that he had come up with the slogan “We are the 99%”, for which he was frequently credited.

“I did first suggest that we call ourselves the 99%. Then two Spanish indignados and a Greek anarchist added the ‘we’ and later a food-not-bombs veteran put the ‘are’ between them. And they say you can’t create something worthwhile by committee! I’d include their names but considering the way police intelligence has been coming after early OWS organisers, maybe it would be better not to,” he wrote.

Damn.

Why couldn’t it have been some dime a dozen conventional economists?

Implicit Bias Training Does Not Work

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Yet another study shows that implicit bias training of police does not work.

This is not a surprise. The training was never intended to work, it was intended to do 3 things:

  1. It gives the illusion that the powers that they give a damn, and are actually address the problem.
  2. It provides a bullsh%$ job to a member of the Professional Managerial Class (PMC) who would otherwise be forced to do something productive.
  3. It comforts the comfortable, and assuages their guilt over their privileged lives without actually addressing the fact that they are beneficiaries of a corrupt system..

The late Dave Graeber had this whole phenomenon nailed.

If you want to stop cops from being brutal racists, you have to make sure that when they step out of line, they are punished.

Linkage

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The making of Rush’s Wye, Wye, Zed.  remarkable:

Would You like Cheese to Go with Your Whine?

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The FBI has issued a warning that doorbell cams may tip off residents that the police are planning a raid on their home.

Typical cops. More surveillance, until it touches on them:

The rise of the internet-connected home security camera has generally been a boon to police, as owners of these devices can (and frequently do) share footage with cops at the touch of a button. But according to a leaked FBI bulletin, law enforcement has discovered an ironic downside to ubiquitous privatized surveillance: The cameras are alerting residents when police show up to conduct searches.

A November 2019 “technical analysis bulletin” from the FBI provides an overview of “opportunities and challenges” for police from networked security systems like Amazon’s Ring and other “internet of things,” or IoT, devices. Marked unclassified but “law enforcement sensitive” and for official use only, the document was included as part of the BlueLeaks cache of material hacked from the websites of fusion centers and other law enforcement entities.

The “opportunities” described are largely what you’d expect: Sensor-packed smart devices create vast volumes of data that can be combed through by curious investigators, particularly “valuable data regarding device owners’ movements in real-time and on a historic basis, which can be used to, among other things, confirm or contradict subject alibis or statements.”

The downside for police, who have rushed to embrace Ring usage nationwide as the Amazon subsidiary aggressively marketed itself to and sealed partnerships with local departments, is that networked cameras record cops just as easily as the rest of us. Ring’s cameras are so popular in part because of how the company markets their ability to detect motion at your doorstep, providing convenient phone alerts of “suspicious activity,” however you might define it, even when you’re out of the house. But sometimes the police are the unannounced, unwanted visitor: “Subjects likely use IoT devices to hinder LE [law enforcement] investigations and possibly monitor LE activity,” the bulletin states. “If used during the execution of a search, potential subjects could learn of LE’s presence nearby, and LE personnel could have their images captured, thereby presenting a risk to their present and future safety.”

The document describes a 2017 incident in which FBI agents approached a New Orleans home to serve a search warrant and were caught on video. “Through the Wi-Fi doorbell system, the subject of the warrant remotely viewed the activity at his residence from another location and contacted his neighbor and landlord regarding the FBI’s presence there,” it states.

Sauce for the Gander.

Tweet of the Day

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Pelosi helped a Kennedy lose in Massachusetts for the first time ever. LMAO https://t.co/mbbQs9R9gG

— Krystal Ball (@krystalball) September 2, 2020

I think that she is right.

Kennedy’s numbers were falling before the Pelosi endorsement, but he went into free-fall after the Pelosi endorsement, and he ended falling more than 25% from his earlier polls.

Pelosi is increasingly toxic among the party rank and file, and now she has tied her star to the only losing Kennedy campaign in Massachusetts ever.

Cheap Harleys at Estate Sales

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A Minnesota biker who attended the Sturgis Motorcycle Rally has died of covid-19 — the first fatality from the virus traced to the 10-day event that drew more than 400,000 to South Dakota.

The man was in his 60s, had underlying conditions and was hospitalized in intensive care after returning from the rally, said Kris Ehresmann, infectious-disease director at the Minnesota Department of Health. The case is among at least 260 cases in 11 states tied directly to the event, according to a survey of health departments by The Washington Post.

Epidemiologists believe that figure is a significant undercount, due to the resistance of some rallygoers to testing and the limited contact tracing in some states. As a result, the true scope of infections stemming from the rally that ran from Aug. 7 to Aug. 16 is unlikely to ever be known. Public health officials had long expressed concern over the decision to move forward with the annual event, believed to be the largest held anywhere in the U.S. since the pandemic shelved most large-scale gatherings.

Now, just over two weeks after the conclusion of the rally, the Midwest and the Dakotas in particular are seeing a spike in coronavirus cases even as infections decline or plateau in the rest of the country. South Dakota’s seven-day averages for new cases stood at 347 on Sept. 2 compared to 107 two weeks earlier and its total caseload was 14,003, up from 10,566, according to The Post’s tracking. In North Dakota, the seven-day averages for new cases was 257, up from 142 two weeks earlier and its total caseload was 12,267, compared to 8,968.

If you are looking for a deal on a low mileage Harley, you are in luck.
Not so much the idiots who went to Sturgis.

H/t BS at the Stellar Parthenon BBS.

Only Took 43 Years

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The Federal Reserve has been required to place equal weight on full employment and prices stability since the passage of the Humphrey-Hawkins act in the late 1970s.
It hasn’t. Instead, it has gone for real unemployment while fighting imaginary inflation.

It only took a few decades, but now the Fed has decided to change its policy, and so will no longer engage in monetary tightening just because unemployment is low, they will wait for actual inflation to show up:

In a historic break with decades of policy, the Federal Reserve announced Thursday that it will no longer deliberately keep millions of Americans unemployed at all times.

America’s central bank has a dual mandate — to promote full employment and price stability. These two aims were long presumed to be in tension: If unemployment fell too low — such that there was no slack in the labor market (i.e., no reserve of jobless workers for employers to draw on) — then workers would gain the upper hand on their bosses and demand wage gains in excess of their own productivity, which would force companies to raise the prices of their goods to keep up with their labor costs, which would then cause workers to demand still-higher wages to keep up with prices, in a vicious inflationary cycle.

For this reason, the Fed defined “full employment” as an unemployment rate significantly above the level one would expect from mere job-switching frictions. And when the labor market tightened beyond the level the Fed deemed conducive with price stability, it would start raising interest rates — to choke off credit creation, slow growth in the money supply, and thus, deliberately keep Americans out of work — even if inflation had not yet exceeded its official target.

………

In the aftermath of the Great Recession, the inequity of the central bank’s longtime prioritization of avoiding theoretical inflation — over the certain unemployment of millions of workers — became more conspicuous. The Fed’s official inflation target is 2 percent. But for a variety of reasons — among them, the tepid pace of the recovery and the weak bargaining power of American workers in an age of trade-union decline — price growth remained stubbornly below those levels, even as the central bank kept interest rates near zero. Nevertheless, despite the absence of any hint of excessive inflation, the Fed began raising interest rates in 2015, on the grounds that the U.S. could not sustain an official unemployment rate of below 5 percent without triggering a wage-price spiral.
………

Progressive (and a few growth-oriented conservative) economic-policy wonks pushed back on this move. Then, when a Republican president with a penchant for easy money came to power — and the GOP’s inflation hawks went dutifully silent — Trump’s appointed Fed chair, Jerome Powell, adopted a more accommodative stance. And America proceeded to learn that its economy could not only abide a 3.6 percent unemployment rate without suffering runaway inflation, but that such a rate wasn’t even sufficient to bring inflation to its target level of 2 percent. The theorized hard trade-off between unemployment and price stability did not appear to exist, which meant that America’s finest economic minds had been slowing growth and killing jobs for no good reason.

………

(1) The Fed will no longer presume that it knows what the maximum level of employment in the U.S. economy is, and will therefore refrain from raising interest rates until there are clear signs of excessive inflation.

(2) The Fed will not treat its 2 percent inflation target as a maximum, but rather as the average rate it wishes to promote over an extended period of time. Which is to say: If inflation runs a bit below that target for years on end, then the Fed will tolerate inflation a bit above that target for a few years after.

I am not surprised that the Fed Chair who did this is not an economist.

Stopped Clock Again

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Trump really does not give a sh%$ about people at risk of eviction, but he does have a very real low cunning regarding politics, and his order to use the CDC authority to prevent evictions is a smart move politically.

It’s not going to be renewed, because it expires after the election is over, and then, why bother?.

Still, it shows that he’s doing something while Congress is on vacation:

The Trump administration Tuesday announced a four-month halt on eviction proceedings against cash-strapped renters, invoking federal public health laws out of concern that a national homelessness crisis could worsen the country’s coronavirus outbreak.

The new moratorium seeks to cover families experiencing financial hardship as a result of the pandemic, aiming to help as many as 40 million Americans who are already struggling to pay their monthly housing costs in the midst of the worst economic crisis since the Great Depression, according to Treasury Secretary Steven Mnuchin, who referenced that an action was imminent earlier in the day.

The policy comes roughly a month after President Trump signed an executive order tasking the U.S. government, including the Centers for Disease Control and Prevention, with exploring ways to protect renters as talks broke down on Capitol Hill over a new round of coronavirus relief. Brian Morgenstern, a spokesman for the White House, said the goal has been to ensure that families “struggling to pay rent due to the coronavirus will not have to worry about being evicted and risk the further spreading of, or exposure to, the disease.”

Doing the right thing poorly and for the wrong reasons.

Good News, and Bad News

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The Massachusetts primary was today, and Ed Markey beat Joseph P. Kennedy III in the Senate race:

Senator Edward J. Markey, who rebranded himself from dutiful career politician to fierce progressive warrior over the course of a volatile 11-month campaign, won the Democratic primary for Senate on Tuesday, fending off a challenge from a much younger Representative Joseph P. Kennedy III, whose increasingly bare-knuckled offensive failed to capture the imagination of Massachusetts voters.

Kennedy called Markey to concede around 10 p.m. and the Associated Press called the race soon thereafter.

The Malden native had achieved a singular feat: He beat a Kennedy in Massachusetts.

Kennedy was significantly more conservative than Markey, and had little to run on beyond the family name, but he was leading by double digits for much of the race.

On the downside, the three most conservative members of the Massachusetts Congressional delegation, including the Dem’s biggest opponent of Medicare for All, and biggest supporter of the Carried Interest Loophole in Washington, DC, Richard Neal won their primaries:

U.S. Rep. Richard Neal of Massachusetts, the powerful chairman of the House Ways and Means Committee, held off Democratic challenger Alex Morse in Tuesday’s primary after an acrimonious campaign that included allegations of sexual misconduct leveled at his younger opponent.

The contest was one of four in Massachusetts where U.S. House candidates were competing Tuesday for the chance to represent their party in the November general election.

In the 6th Congressional District, U.S. Rep. Seth Moulton, a Marine Corps veteran who saw combat in Iraq and mounted a brief campaign for president last year defeated to fellow Democratic challengers — Jamie Belsito and Angus McQuilken.

………

In the state’s 8th Congressional District, which stretches from portions of Boston south to Bridgewater, Robbie Goldstein, a 36-year-old South Boston resident, lost a challenge to longtime incumbent Rep. Stephen Lynch. 

Molton is a member of the corporate stooge New Democrat caucus, and Lynch is an anti-abortion conservative.

While progressives did not win every primary challenge, they won some big ones, and none of the incumbent progressives so far have lost a race, so I’ll call the glass half full.

Can You Say ……… Dystopian? Good — I Knew You Could

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Google is looking at providing information services to employers to help them control their healthcare costs.

To put that into English, Google will collect enormous amounts of data about its clients employees in order flag people who are engaging in “Unhealthy Lifestyles” and mitigate employer exposure to healthcare costs.

Basically, they will spy on employees, and provide information that employers can use to meddle in their employees eat, when they sleep, etc.

And, though Google (Alphabet) will deny it, employers will use this data to fire employees who are flagged as healthcare cost risks.

If you want a picture of the Google’s future, imagine a boot stamping on a human face— forever:*

Without much fanfare, Verily, Alphabet’s life sciences unit, has launched Coefficient Insurance. It was only a matter of time before Google’s parent got into the health insurance business — in fact, one wonders what took it so long. With Google’s intimate knowledge of our daily patterns, contacts and dreams, the search engine group has for years had a far better picture of risk than any insurer.

That Coefficient Insurance, which is also backed by Swiss Re, would initially focus on the relatively arcane area of stop-loss insurance to protect employers from staff health cost volatility should not obscure its ambitious agenda for the rest of the industry. Thus, according to Verily’s senior management, it might soon start monitoring at-risk employees via their smartphones and even coaching them towards healthier lifestyles.

………

As with many services out of Silicon Valley, there is not much reflection about the probable reconfigurations of power among social groups — the sick and the healthy, the insured and the uninsured, the employers and the employees — that are likely to occur once the digital dust settles.

One would need to be extremely naive to believe that a more extensive digital surveillance system — in the workplace and, with Alphabet running the show, now also at home, in the car and wherever your smartphone takes you — is likely to benefit the weak and the destitute. Some good might come out of it — a healthier workplace, maybe — but we should also inquire who would bear the cost of this digital utopia.

………

Privacy law does not offer an adequate solution either. Under pressure from employers, most workers acquiesce to being monitored. This was obvious even before Alphabet’s foray into insurance, as plenty of smaller players have been pitching employers sophisticated workplace surveillance systems as a way of lowering healthcare costs.

If this does not scare the hell out of you, you have not been paying attention.

*Apologies to George Orwell.

Burying the Lede

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So, Gabriel Debenedetti of the New York Times has reviewed Michael Schmidt’s book, DONALD TRUMP V. THE UNITED STATES (Inside the Struggle to Stop a President).

What is interesting how this very chatty review completely buries the lede.

11 paragraphs, and this waits until the penultimate paragraph before this reveal:

More interesting, however, is the constant flow of shocking anecdotes: Schmidt writes that Mitch McConnell fell asleep during a classified briefing on Russia, for example, and he details the F.B.I.’s shambolic reaction to evidence of the hacking in 2016, including an unresolved disagreement over how to handle the material. Describing Trump’s unexpected November 2019 visit to Walter Reed National Military Medical Center, he reports the White House wanted Mike Pence “on standby to take over the powers of the presidency temporarily if Trump had to undergo a procedure that would have required him to be anesthetized.” (The vice president never had to take this step.)

(Emphasis mine)

How is an allegation that Trump had a medical emergency that sent him to Walter Reed, and then covered it up not the lede?

H/t Southpaw for tweeting this.