Archive for 2021

OPEN THREAD: Cool on it.

I HAD MISSED THIS, BUT I’M SURE IT’S NOTHING TO WORRY ABOUT: Australia’s central bank loses yield control as bonds melt down. “Australia’s central bank on Friday lost all control of the yield target key to its stimulus policy as bonds suffered their biggest shellacking in decades and markets howled for rate hikes as soon as April. An already torrid week for debt got even worse when the Reserve Bank of Australia (RBA) again declined to defend its 0.1% target for the key April 2024 bond , even though its yield was all the way up at 0.58%. Scenting capitulation, speculators sent the yield sky-rocketing to 0.75% while yields on three-year bonds recorded their biggest monthly increase since 1994.”

DO TELL:

I love the lack of sympathy for Slate’s viewpoint.

UPDATE:

I’M GUESSING IT’S MORE STAFFING THAN WEATHER, AND I’M GUESSING I KNOW WHAT THE STAFFING PROBLEM IS: American Airlines cancels more than 1,600 weekend flights, citing weather and staffing. “The disruptions were similar in their initial cause and size to problems suffered in early October by Southwest Airlines, and they raised ominous questions about whether major airlines are prepared for the busy upcoming holiday travel period.”

Totally, completely unrelated: Southwest Airlines apologizes for pilot’s “Let’s Go Brandon” remark.

KAROL MARKOWICZ: Biden administration’s new gender equity plan is an insult to women. “Michelle Obama applauded it: ‘It’s about making sure that every single person can reach their full potential — in our country and around the world.’ That seems ambitious for an administration struggling to get milk on supermarket shelves.”

Ouch.

THIS IS CNN: Southwest Airlines Pilot Says ‘Let’s Go Brandon.’ CNN Analyst Likens Remark To ‘Long Live ISIS.’

More here: “Criticizing a U.S. president (even in a wink wink vulgar way) is not the same as praising a terrorist group that murders innocents, suicide bombs civilians, enslaves women, attempts genocide against religious minorities, & crucifies its enemies. You… you understand that, right?

At the moment, the answer seems to be that no, former FBI special agent turned CNN analyst Asha Rangappa apparently does not.

ALBERT SPEER GOES TO HOLLYWOOD:

Speer is handsome, charming, cultured, sophisticated, multi-lingual, well-spoken—a real smoothie. AND a very smooth liar.

I thought that Nazis were hot-tempered sadists, degenerates, predators, envious and greedy riff-raff, with cold, cold hearts, maimed perhaps, by cruel, authoritarian parents, a la Alice Miller. Hitler was a Rasputin-like madman, not a son of wealth and culture as Speer was.

I’ve taught Abnormal Psychology and no diagnostic category can convey the level of Speer’s self-regard and amorality. Sociopathic serial killer will not do. Dangerous Freak of Nature, while not a diagnostic category, is more like it.

Speer was the highest-ranking Nazi and one of Hitler’s closest confidantes. Of his meeting with Hitler he says: “It was love at first sight.”

And yet, Speer insists that he was “not guilty.” In fact, he likened himself to Oedipus. “I did not know what crimes I have committed.

Read the whole thing.