Archive for 2024

WHY I KEEP SAYING “DON’T GET COCKY.” You Can’t Tell Who’s Winning the Race. Trump and Vance have momentum in terms of morale. But that’s not the same as winning.

SLOUCHING TOWARD WORLD WAR THREE: US says 8,000 North Korean soldiers to begin combat operations in war with Ukraine ‘in coming days.’ “The secretary said that of the 10,000 North Korean soldiers believed to have been sent to Russia for training, 80% of that force is now in the Kursk region, where Ukraine first launched an incursion in August.”

Meanwhile, back in North Korea: Satellite images show North Korea dug large border trenches after demolishing road, rail links. “Work on the trenches appears to have begun shortly after North Korea staged choreographed demolitions of a road near Kaesong, a western North Korean border city, and a combined road and rail section near the Koreas’ eastern border on Oct. 15. In Planet Labs images examined by the Associated Press, the first sign of the trenches appeared on Oct. 17, after cloud cover blocked the view for the four previous days.”

The satellite photo shows more than just a simple trench. It looks like a serious defensive position.

ED MORRISSEY: RIP, Jazz Shaw (1959-2024). “How do you say goodbye to your brother from another mother?”

R.I.P., JAZZ SHAW. I never met him in person, but always wanted to.

HOW IT STARTED: Biden White House pledges data, transparency, respect for free press.

—Reuters, January 20th, 2021.

How it’s ending: AP sources: White House altered record of Biden’s ‘garbage’ remarks despite stenographer concerns.

Biden created an uproar earlier this week with his remarks to Latino activists responding to racist comments at a Trump rally made by the comedian Tony Hinchcliffe, who referred to the U.S. island territory of Puerto Rico as a “floating island of garbage.”

Biden, according to a transcript prepared by the official White House stenographers, told the Latino group on a Tuesday evening video call, “The only garbage I see floating out there is his supporters — his — his demonization of Latinos is unconscionable, and it’s un-American.”

The transcript released by the White House press office, however, rendered the quote with an apostrophe, reading “supporter’s” rather than “supporters,” which aides said pointed to Biden criticizing Hinchcliffe, not the millions of Americans who are supporting Trump for president.

The change was made after the press office “conferred with the president,” according to an internal email from the head of the stenographers’ office that was obtained by The AP. The authenticity of the email was confirmed by two government officials who spoke on condition of anonymity to discuss internal matters.

The supervisor, in the email, called the press office’s handling of the matter “a breach of protocol and spoilation of transcript integrity between the Stenography and Press Offices.”

“If there is a difference in interpretation, the Press Office may choose to withhold the transcript but cannot edit it independently,” the supervisor wrote, adding, “Our Stenography Office transcript — released to our distro, which includes the National Archives — is now different than the version edited and released to the public by Press Office staff.”

As Sean Davis tweets, “Nothing to see here, just the Biden-Harris administration deliberately falsifying federal records.

And trying to survive the last full week of the election: Washington Post Spins Furiously on ‘Garbage!’ ‘Biden’s Defense Is Entirely Plausible.’ The WaPo’s headline was “Did Biden call Trump supporters ‘garbage’? It comes down to an apostrophe.”

AVENGERS ASSEMBLE — FOR A MASSIVE KINSLEY GAFFE:

Come back Thanos, all is forgiven!

MOST VIP ELECTION EVER? Well, yes and no.

FORTUNE: The stock market points to a win for Kamala Harris—unless it’s 1968 or 1980 all over again.

Kamala Harris should have a cakewalk to the Oval Office. At least, that’s what the stock market says. It’s surged to record highs since the vice president entered the race in July, which has historically been very good news for incumbent candidates.

In reality, of course, polls show a virtual dead heat, with prediction markets signaling recent momentum for Donald Trump as the race enters its final days. As the chart below shows, a Harris loss would be just the third time since World War II that a candidate representing the fortunes of an incumbent party hasn’t been correlated to the performance of the stock market. The outliers are Dwight Eisenhower’s victory in 1956, and the respective losses of Hubert Humphrey and Jimmy Carter in 1968 and 1980.

Bloomberg: The Trump Trade: Why Wall Street Is Betting on a Trump Win. “Investors are effectively betting on a Trump win — in the stock market, in the bond market, in currencies and crypto. Bloomberg Opinion’s John Authers says he’s never seen anything like it: Wall Street paying such close attention to a presidential election.He compared what is happening now to his first election he covered in the US — Dole vs Clinton in 1996.”

William Goldman: “Nobody knows anything.”

Goldman was talking about Hollywood, of course, but everyone knows Hollywood is just politics for attractive people.