Coronavirus News, Analysis, and Opinion:
I’m of two minds here. Patents, trademarks, intellectual property, yadda, yadda, yadda. But are some of the counterfeit masks as good at preventing the spread of disease as the genuine ones are? It’s been a year now; why has 3M been so lackadaisical about boosting production?
Cryptocurrency, Investing, Money, Economy, and Debt:
Nouriel Roubini is clueless about Bitcoin but is otherwise a pretty smart guy. FWIW he says there are 10 signs a greater depression is coming.
As it turns out, new data shows that a year after the pandemic wrought economic devastation around the country, forcing states to revise their revenue forecasts and prepare for the worst, for many the worst didn’t come. One big reason: $600-a-week federal supplements that allowed people to keep spending — and states to keep collecting sales tax revenue — even when they were jobless, along with the usual state unemployment benefits.
By some measures, the states ended up collecting nearly as much revenue in 2020 as they did in 2019.
A Republican attorney defending Arizona’s voting restrictions in front of the Supreme Court told justices Tuesday that the GOP was defending the measures because they disadvantage Democrats.
“There is nothing more dangerous than a reckless asshole who thinks he is smarter than everyone else.”
— Former House Speaker John Boehner, describing Sen. Ted Cruz (R-TX) in his new book, On the House.
Israel in talks with Saudi Arabia, UAE, Bahrain for defense alliance against Iran. What could possibly go wrong?
The American Petroleum Institute, one of the most powerful trade associations in Washington, is poised to embrace putting a price on carbon emissions as a policy that would “lead to the most economic paths to achieve the ambitions of the Paris Agreement,” according to a draft statement reviewed by The Wall Street Journal.
UBI-Lite? And then of course the question of who decides when “bad” is over: Key Senate Democrats Want to Keep Sending Americans Money As Long As the Economy Remains Bad
Voters may like a president’s policies in the abstract but still think he isn’t doing a good job or that his policies aren’t that effective if those policies aren’t bipartisan. Think of this as the Mitch McConnell theory.
Put another way: The opposition party can guarantee a lack of bipartisan support — and then criticize the president for lacking bipartisan support.
The Department of Defense inspector general has issued a scathing review of Rep. Ronny Jackson (R-TX) during his time serving as the top White House physician, concluding that he made ‘sexual and denigrating’ comments about a female subordinate, violated the policy for drinking alcohol while on a presidential trip and took prescription-strength sleeping medication that prompted concerns from his colleagues about his ability to provide proper care.
Meme credit: TheQuinnDruRocksHard (source)