Archive for 2020

MORE DECOUPLING: State Department designates 5 Chinese media outlets ‘foreign missions.’ “The State Department is designating five Chinese media outlets ‘foreign missions,’ calling them, in essence, state-sponsored propaganda and agents of the Communist Party of China, officials announced Tuesday. State Department officials said the action came after repeated examples of how much of a ‘function of the state’ the companies have become. It took effect immediately.”

Watch out, Harvard and Yale . . . .

GRUMPY OLD MEN 3: Sanders and Bloomberg take the American Jewish feud public.

Lovers of the silver screen will recall that Walther Matthau and Jack Lemmon vehicle from 1993, in which the lifelong rivalry between two tetchy geezers is galvanized by their competition for the ultimate prize — ultimate, that is, in the sense of their last chance — the affections of the attractive retiree (Ann-Margret). Helpless addicts of the silver screen will recall the follow-up from 1995, Grumpy Old Men 2 which, like Bernie Sanders’s current attempt to rerun the 2016 campaign, repeated the same jokes, only at higher volume.

True lovers of the silver screen, and masochistic devotees of mass democracy, will now see Grumpy Old Men 3. This time our pair of petty pensioners will be cursing and kvetching in Las Vegas as they compete for the affections of a beauty long past its prime: the Democratic party. Will Mike confirm the rumors that he’s even nastier than Bernie is rumored to be? Will Bernie’s heart and bladder go the distance? Will Mike run down their neighbor Joe, who’s taken up residence in the middle of the street?

The real drama in the Mike and Bernie show is that the communal feuding of American Jews is going public. You could call this a nightmare scenario, were it not already the reality of the politics of the American Jewish institutions among which both Bernie and Mike should be numbered. American Jews are almost unanimously pro-Israel, but their would-be leaders are, like most politicians, far more polarized, in this case over Israel.

Read the whole thing.

I’M HEARING VARIATIONS ON THIS FROM A LOT OF PEOPLE: I Didn’t Vote For Trump In 2016. Here’s Why I Hope He Gets Four More Years.

A friend on Facebook who probably wants to remain anonymous posted this: “So, this morning I cast my first-ever vote for Donald Trump for President — a development that would have profoundly shocked 2016 me, but in 2020 is mostly an act of self-defense.”

UPDATE (FROM STEVE): You’ll also read comments right here on Instapundit along the lines of: “I voted for Trump reluctantly (or as the not-Hillary) in 2016, but I’d crawl over broken glass to vote for him in 2020.” What you won’t see much — or any? — of at all is: “I regret voting for him last time and will vote Dem in 2020.”

Movement is almost entirely in Trump’s direction.

GEE, I WONDER WHY CHRIS HITCHENS STOPPED GETTING INVITES TO THE SWANK BLOOMBERG PARTIES IN DC?

“To protest the petty ordinances of Mayor Bloomberg’s New York, the author went on a one-man crime spree: taking his feet off his bike pedals, feeding pigeons, and sitting on a milk crate, among other offenses. Why are the people of America’s most cosmopolitan city being treated like backward children?”

The Internet remembers.

BIPARTISANSHIP’S LAST GASP OR FRESH BREATH? Some senators and advocacy groups from both sides of the aisle think government should have tougher financial management controls. If the reforms are approved, will be first update since 1990.

HE HAD PLEADED GUILTY TO SIX NON-CRIMES.” Reading about President Trump’s pardon of Michael Milken today, I was reminded of this passage from Three Felonies a Day by Harvey Silverglate, who, when he wasn’t founding FIRE, had (and still has) a “normal” job as a criminal defense lawyer. Possibly related: Rudy Giuliani, who backed Milken’s pardon, was also Milken’s prosecutor.

MIKE BLOOMBERG IS RICH, BUT NOT TOO RICH TO BE OWNED BY THE CHINESE: When Bloomberg News’s Reporting on China Was Challenged, Bloomberg Tried to Ruin Me for Speaking Out. “The funny thing is, I never even worked for Bloomberg. But my story shows the lengths that the Bloomberg machine will go to in order to avoid offending Beijing. Bloomberg’s company, Bloomberg LP, is so dependent on the vast China market for its business that its lawyers threatened to devastate my family financially if I didn’t sign an NDA silencing me about how Bloomberg News killed a story critical of Chinese Communist Party leaders. It was only when I hired Edward Snowden’s lawyers in Hong Kong that Bloomberg LP eventually called off their hounds after many attempts to intimidate me.”

NOBODY KNOWS ANYTHING: Analysis: Political Pundits Have No Idea What They’re Talking About.

Maybe all this terrible analysis proves is that elections are strange and complicated, hard to predict and analyze with any certainty. Maybe it’s just difficult for upper-class residents of New York City and Washington, D.C., to assess the hearts and minds of average Americans. No one in the political punditry business would ever admit this, however. If it were true, what would be the point of their careers?

Read the whole thing.

(Classical reference in headline.)

ONE LAW FOR THE RICH, LITERALLY: Any middle-class would-be investor knows it’s hard to find somewhere to let your money grow these days. The SEC could be just about to make it even harder. As John Berlau explains at the Washington Times:

If it goes into effect, the regulation would cripple investors’ ability to buy dozens of funds they can now purchase on American stock exchanges for zero-dollar commissions from discount brokerages and investing apps such as Robinhood. Under the regulation, investors could not purchase these funds unless they can answer an extensive questionnaire of highly personal questions about their investing knowledge and household assets to the SEC’s satisfaction. SEC Republican Commissioners Hester Peirce and Elad Roisman have blasted the regulation as a “blunt overly paternalistic approach to investor protection.”

While the Trump administration is still deregulating, independent agencies like the SEC can head in the other direction.

HMM: Seeding oceans with iron may not impact climate change. Overall, I’d score this as a relief. I forget which scientist it was who said “give me a freighter full of iron filings and I’ll give you an ice age,” but I don’t want it to be that easy to trigger an ice age.