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Black Democrats are urging Joe Biden to resist growing pressure from the left to impose an anti-Wall Street purity test on his hiring decisions if elected, warning that it threatens the party’s desire to boost diversity in powerful executive branch posts https://t.co/xtzKhWOlGH
— POLITICO (@politico) September 7, 2020
From Politico:
Purity test: Democrats clash over Biden diversity goals
The debate over whether corporate insiders should be in the mix for Cabinet positions is shaping up to be a major point of tension within the party.
By ZACHARY WARMBRODT
09/07/2020 07:00 AM EDT
Black Democrats are urging Joe Biden to resist growing pressure from the left to impose an anti-Wall Street purity test on his hiring decisions if elected, warning that it threatens the party’s desire to boost diversity in powerful executive branch posts.
Progressives have been calling on Biden to take a hard line in filling out his Cabinet, with groups such as Justice Democrats and Sunrise Movement demanding that he pledge to appoint “zero” current or former Wall Street executives or corporate lobbyists to his administration.
But Black Democrats on Capitol Hill and on K Street say that’s in direct conflict with the party’s overarching diversity goals and would keep many people of color, including those with ties to the financial world, from ascending to key positions long dominated by white males….
Black business leaders that Democrats have floated for potential Biden Cabinet positions include Roger Ferguson, the CEO of financial services giant TIAA and a onetime vice chair of the Federal Reserve, as well as John Rogers and Mellody Hobson [Mrs. George Lucas], the co-CEOs of Ariel Investments.
These are not unimpressive individuals. Rogers is from the Very Talented Tenth of One Percent: his mother was a cabinet undersecretary in two Republican presidential administrations. He has close ties to the Obamas because he and Michelle’s big brother Craig were teammates on the Princeton basketball team. I can recall reading an interview with Rogers about 30 years ago in Chicago Business about the investment strategy of the fund he started with family money and thinking he sounded sensible and realistic. Here’s the highlight of Rogers’ entire life — the Spike Lee-sized rich guy defeating Michael Jordan one-on-one at Jordan’s fantasy basketball camp for zillionaires:
More generally, a fat and happy financial sector is one that can afford to offer a lot of affirmative action jobs to elite blacks.
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Blacks are the most pro-establishment section of the population now. They are well aware that they are the establishment’s pets and their politics now reflect that.
HBD news: Somalis dominate “1 hour race” in Brussels, one of them breaking the world record.
https://www.runnersworld.com/news/a33930019/mo-farah-sifan-hassan-break-one-hour-world-record-brussels/
Yeah, the girl can splay
Dedication, devotion
First across the finish line, f*****' A.
And after all the violence and double talk
There's just a medal in the struggle and the strife
You do the run, yeah, you do the run of lifeReplies: @Gurney Halleck
David Blaine gets high again. They were going to do this over NYC until they realized 1) landing spots might be difficult and 2) too many peeps would be shooting at the balloons. Or at David Blaine.
It’s hilarious how many big name money men act like school children about their sports heroes or their music idols. It’s like they work for years to become all-powerful rich dudes and blow it all on”camps” or “experiences” or “private concerts” that would embarrass the average Joe for their childishness and immaturity. It makes think far less than Masters of the Universe and far more hustlers without a moral, mature center.
I mean, yeah, its cool to meet your childhood heroes, but haven’t you grown to the point that you know they’re just really talented men with feet of clay that you shouldn’t slobber over? Have some dignity, you’re a rich and powerful adult.
Yeah, get their autograph, have dinner with them, and maybe pay some aging Hollywood starlet you had a crush on for a night in bed, but move on and have some discretion. This dude just makes me have no respect for him and makes me not want to give him my money, since he acts like a child on video and then brags about it. Paying to play basketball with other rich dudes! Fantasy camp! Seriously, get a hobby, chump.
It’s kind of like when these same dudes get all butthurt when somebody does something underhanded at yachting or golf and then expect everyone else to care, instead of noticing that this is a 1%er whining like a schoolkid over a race at recess. I think it was Ted Turner who complains nastily to this day about something Rupert Murdoch did during an America’s Cup yacht race and literally no one cares but ol’ America-hating Ted thinks everyone should care because he’s Ted Turner, dang it!
Or, they're just indulging their inner child without really caring what you or anyone else thinks; and good for them.
Having said that, sports are fun to play but dull dull dull dull dull dull to watch
This position, to be fair, is the same position of most leaders of the opposing Republican Party.
Time will tell if ultimately a socio-economic or racial-caste vision will triumph in either party—both capitalists (and their parasitic friends) and race hustlers will still exist, but the endgame is vastly different.Replies: @Ben tillman, @SaneClownPosse
In order for America to reinvigorate its middle class, it needs strong unions of public school janitors, teachers, principals, and so forth.
See, e.g., Luke Darby, "How Joe Biden Helped Strip Bankruptcy Protection From Millions Just Before a Recession," GQ online, October 23, 2019: "[O]ne of the biggest credit card companies in Delaware, MBNA, hired Joe Biden's son, Hunter in 1996. Even after Hunter became a federal lobbyist in 2001, he stayed on at MBNA as a consultant at a fee of $100,000 per year, meaning he was pulling in a six-figure salary at the same time his father was pushing for the industry's top priorities. Biden's interests were so aligned with MBNA's that in 1999 he was forced to defend himself by declaring, 'I am not the senator from MBNA.'"
Why doesn't Joe point this out?
Historically one of the most middle class occupations since the Roman Empire and its slave construction industry collapsed. Sales if you’re good at that. Architecture and engineering if you’re good at math high IQ. Endless manual labor jobs at various levels of skills training and pay. Design for residential, gardening. Something for every talent and inclination a decent and often very high wages.
Lots of ups and downs, lots of bankruptcies and lay offs. But overall, a solid industry and major employer of the middle class in a huge variety of occupations.
AOC and Bernie are going to be pissed about a Biden cabinet full of finance insiders.
Or at least they will have to be pretend to be pissed.
Leave no black hedge fund manager behind.
Yes but they’re being disingenuous, this isn’t about getting those guys jobs as much as it’s about deploying intersectionality to protect the status quo. Bringing the banks and Wall Street under control is racist. It’s like Hillary Clinton’s infamous speech, when she said something like “what does breaking up the banks do for women and minorities?”
She clearly and consistently is eager to see that they're taken care of. It's interesting she never went Dowager Countess, for which she'd be uniquely qualified as the most insidery old bat still standing.
Yet when you look at the 65+ competition (e.g. Pelosi) it seems balancing the progressive stack, the isms, the intersectionality, etc. is a young woman's game, so just how old/rich do you have to get before you can say "cut the crap"
Says the guy whose party is in favor of unlimited immigration, which erodes working class and middle class clout and allows elites to shuffle capital around more efficiently as they continue to squeeze all private sector laborers.
This position, to be fair, is the same position of most leaders of the opposing Republican Party.
Time will tell if ultimately a socio-economic or racial-caste vision will triumph in either party—both capitalists (and their parasitic friends) and race hustlers will still exist, but the endgame is vastly different.
It’s hilarious to look at the Democrat platform for working people. It’s all about their jobs rather than their lives! Nobody gives a shit about job conditions. Working people care about their neighborhoods and their kids’ schools.Replies: @MEH 0910, @MEH 0910
Koch wants unlimited immigration.
Soros wants unlimited immigration.
See the difference?
Koch wants cheap labor to increase his profits.
Soros has probably put a large bet down on the USA defaulting. Over loading the system will make that happen sooner, rather than later.
Joe, Joe…
In terms of vulture capitalism, is there a “shit list” for CEOs who have been highly documented for massive offshoring of American jobs? If it’s extensive enough I’d like to see the racial/gender breakdown. I’d imagine the minority angle would make any chainsaw capitalist beyond approach.
https://en.wikipedia.org/wiki/Jack_Welch#CEOReplies: @Kronos
Black Democrats demand rigid purity on the racial issue but want flexibility with the financial sector. Utter frauds.
“These are not unimpressive individuals.”
This coming from the guy who called Oliver Stone’s JFK script “silly”.
This position, to be fair, is the same position of most leaders of the opposing Republican Party.
Time will tell if ultimately a socio-economic or racial-caste vision will triumph in either party—both capitalists (and their parasitic friends) and race hustlers will still exist, but the endgame is vastly different.Replies: @Ben tillman, @SaneClownPosse
Not just immigration but the domestic equivalent: open borders for neighborhoods. The middle class in most of the country pays an extra $20,000 after taxes to keep away from black crime. You can’t support immigration or “fair” housing and claim to support the middle class.
It’s hilarious to look at the Democrat platform for working people. It’s all about their jobs rather than their lives! Nobody gives a shit about job conditions. Working people care about their neighborhoods and their kids’ schools.
https://twitter.com/mattyglesias/status/1288630577608957954
https://twitter.com/Steve_Sailer/status/1288635956535291905
https://en.wikipedia.org/wiki/Jack_Welch#CEO
https://i.pinimg.com/736x/01/37/72/0137721b05af4458ba2d88fa2c771cae--trickle-down-economics-political-memes.jpg
Even the Very Talented Tenth of One Percent are still about the b-ball.
Let me just say how much I hate basketball, even (and especially) when played or venerated by whites. The Olympics sucks, but at least it showcases all the other more interesting and more ancient ways of exploring human physical excellence. My favorites are Greco-Roman wrestling, mid-distance swimming, and (in the winter) biathlon. The only modern sport I want to watch is Modern Pentathlon.
Death to sportsball!!
It’s hilarious to look at the Democrat platform for working people. It’s all about their jobs rather than their lives! Nobody gives a shit about job conditions. Working people care about their neighborhoods and their kids’ schools.Replies: @MEH 0910, @MEH 0910
https://twitter.com/mattyglesias/status/1288630577608957954
Republicans are so terrified of being seen as the White Party that they won’t take advantage of the rift between progressive whites and establishment loving blacks. They could go after predatory corporations the way Trump promised concerning immigration and trade and accuse them of shallow pandering to minorities to maintain profit, but they will likely do the opposite and accuse white democrats of being the Real Racists because they care more about reigning in corporate excess than giving blacks diversity positions in the boardroom (“they care more about socialism than black lives, what a bunch of racists!”).
More and more woke capital seems tailored towards Republicans than Democrats; it’s a way for Republicans to defend against being called the dreaded R word while holding true to their Chamber of Commerce backers.
Financial sector jobs are one reason you rarely find blacks at the top of law or STEM research or any other job that requires both brains and hard work/long hours. The very few blacks that are really smart are in such demand that they can choose from among any career they want. Why go with the ones that require an 80-hour workweek and years of apprenticeship and working your way up?
Profesor at top university determines that the real riot problem is insufficient censorship.
https://thepostmillennial.com/insane-article-in-mit-technology-review-blames-conservative-journalists-for-violent-riots
https://en.wikipedia.org/wiki/Joan_Donovan
Or as Trump might say, “Our great public unions”.
In order for America to reinvigorate its middle class, it needs strong unions of public school janitors, teachers, principals, and so forth.
It makes perfect sense for blacks with STEM Ph.D. level quant skills to go work for Goldman Sachs for far more money instead.
Despite STEM certifications and others like the Chartered Financial Analyst (CFA), one study shows that about 89% of actively managed equity funds (stock picking or market timing) failed to beat the market (Standard & Poor's 500 index) over a certain period. Most hedge funds in particular actually underperform.
However, despite a fund doing badly managers still make money because of fees. Though this standard is in decline, a third of firms in the $3 trillion hedge industry still charge a flat rate of 2% on assets under management (AUM) in line with the 2-20 rule.Replies: @Jim Don Bob
This makes the lack of black STEM and law professors even more disproportionate than you would predict, resulting in affirmative action black professors in these fields whose qualifications are shockingly low.
They go Woke, we go broke.
Isn’t Rogers the guy who insists that all companies his firm invests in use IQ tests (or the closest you can get to IQ tests without violating the law) for hiring?
Says the man who, for decades, behaved like a wholly-owned subsidiary of MBNA, the Delaware-based bank and credit card issuer (until its acquisition by Bank of America in 2006).
See, e.g., Luke Darby, “How Joe Biden Helped Strip Bankruptcy Protection From Millions Just Before a Recession,” GQ online, October 23, 2019: “[O]ne of the biggest credit card companies in Delaware, MBNA, hired Joe Biden’s son, Hunter in 1996. Even after Hunter became a federal lobbyist in 2001, he stayed on at MBNA as a consultant at a fee of $100,000 per year, meaning he was pulling in a six-figure salary at the same time his father was pushing for the industry’s top priorities. Biden’s interests were so aligned with MBNA’s that in 1999 he was forced to defend himself by declaring, ‘I am not the senator from MBNA.’”
https://twitter.com/Pismo_B/status/1302627036955947008Replies: @Cato
Ah Dios mio! So many damaged people; here, and over there. Biden turns his back. Is the narcissist Trump really the best we can do as an anti-war candidate? Sucks not having a good choice.
I’m a Bernie Bro. Call me a conspiracy theorist but Bernie was heir apparent a few months back. Buttplug magically won Iowa even though Bernie was way ahead.
Biden was a has been in 5th place who magically pole vaulted to 1st place after South Carolina where to use Steve’s terminology “black church ladies” picked the candidate….
One billionaire Jewish guy early in 2020 said “if Warren or Sanders wins…..Wall Street won’t even open.”
Call me a conspiracy nut whatever the Deep State tried taking oit Trump on the right & successfully took out Bernie on the left…..can you imagine what would happen to the service economy if Bernie had won?
Free college means no idiots to cook the food or scrub the toilets…..which means the whole economy & current economic order and trillions in bonds and stock and other service industry assets go up in smoke….
I’ve tried to find his speech after losing in NH but can’t for some reason. I recall that it was a closeup into his deteriorating mind, with his sad wife (and no other supporters) there beside him hoping it would end soon.
Not going to the beach with you, dude.
Call me a conspiracy nut whatever the Deep State tried taking oit Trump on the right & successfully took out Bernie on the left…..can you imagine what would happen to the service economy if Bernie had won?
Pretty much the same thing happening last year.
Free college means no idiots to cook the food or scrub the toilets…..
which means the whole economy & current economic order and trillions in bonds and stock and other service industry assets go up in smoke….which means the border becomes totally openFIFY.
Bernie's opposition to open borders vaporized years ago. His price was a few houses.Replies: @Neoconned
https://youtu.be/x0IXEnhziPoReplies: @Mr McKenna, @Neoconned
This is all conjecture, Biden isn’t winning.
You must be unfamiliar with the hours that investment bankers and managers keep.
They are the White Party whether they want to be or not. Trump won in 2016 not least because he ignored or mocked long standing failed “conservative” orthodoxy, his immediate sellout afterwards to the GOPe notwithstanding. I don’t think there is some gigantic mystery behind that: Trump’s extremely lazy and does whatever looks easiest to him at the moment, never expected to become POTUS in the first place, and made it up as he went along on the campaign trail. For all that, though, Trump lacked a genuine ideological attachment to “conservatism” as defined by the GOP since the 1990s, and being a member of the donor class himself who had no problem getting instant media attention, was free to say whatever the hell he liked. And that was the X-factor in the primary.
I think it’d be highly likely under saner conditions that as Asians and Hispanics intermarry with whites, the result is not going to be Rainbow America but a new variant of the American mainstream, with blacks remaining-as always-the tacit “other”. This is not an original observation: the NYT predicted this happening in the late 1990s and early 2000s. It cannot be understated how desperate the Left is to prevent this. You can actually trace a lot of the shrill identity politics fetish back here.
https://www.runnersworld.com/news/a33930019/mo-farah-sifan-hassan-break-one-hour-world-record-brussels/Replies: @Reg Cæsar, @Mr McKenna
She got the action, she got the motion
Yeah, the girl can splay
Dedication, devotion
First across the finish line, f*****’ A.
And after all the violence and double talk
There’s just a medal in the struggle and the strife
You do the run, yeah, you do the run of life
Biden was a has been in 5th place who magically pole vaulted to 1st place after South Carolina where to use Steve's terminology "black church ladies" picked the candidate....
One billionaire Jewish guy early in 2020 said "if Warren or Sanders wins.....Wall Street won't even open."
Call me a conspiracy nut whatever the Deep State tried taking oit Trump on the right & successfully took out Bernie on the left.....can you imagine what would happen to the service economy if Bernie had won?
Free college means no idiots to cook the food or scrub the toilets.....which means the whole economy & current economic order and trillions in bonds and stock and other service industry assets go up in smoke....Replies: @Redman, @anon, @Mr. Anon, @Kronos, @Alden
I’ve always wondered why that hasn’t gotten more discussion. Biden was toast after New Hampshire.
I’ve tried to find his speech after losing in NH but can’t for some reason. I recall that it was a closeup into his deteriorating mind, with his sad wife (and no other supporters) there beside him hoping it would end soon.
Biden was a has been in 5th place who magically pole vaulted to 1st place after South Carolina where to use Steve's terminology "black church ladies" picked the candidate....
One billionaire Jewish guy early in 2020 said "if Warren or Sanders wins.....Wall Street won't even open."
Call me a conspiracy nut whatever the Deep State tried taking oit Trump on the right & successfully took out Bernie on the left.....can you imagine what would happen to the service economy if Bernie had won?
Free college means no idiots to cook the food or scrub the toilets.....which means the whole economy & current economic order and trillions in bonds and stock and other service industry assets go up in smoke....Replies: @Redman, @anon, @Mr. Anon, @Kronos, @Alden
I’m a Bernie Bro.
Not going to the beach with you, dude.
Call me a conspiracy nut whatever the Deep State tried taking oit Trump on the right & successfully took out Bernie on the left…..can you imagine what would happen to the service economy if Bernie had won?
Pretty much the same thing happening last year.
Free college means no idiots to cook the food or scrub the toilets…..
which means the whole economy & current economic order and trillions in bonds and stock and other service industry assets go up in smoke….which means the border becomes totally openFIFY.
Bernie’s opposition to open borders vaporized years ago. His price was a few houses.
If you see a Hispanic person in a restaurant in my region they're probably Puerto Rican....Replies: @Almost Missouri
Biden was a has been in 5th place who magically pole vaulted to 1st place after South Carolina where to use Steve's terminology "black church ladies" picked the candidate....
One billionaire Jewish guy early in 2020 said "if Warren or Sanders wins.....Wall Street won't even open."
Call me a conspiracy nut whatever the Deep State tried taking oit Trump on the right & successfully took out Bernie on the left.....can you imagine what would happen to the service economy if Bernie had won?
Free college means no idiots to cook the food or scrub the toilets.....which means the whole economy & current economic order and trillions in bonds and stock and other service industry assets go up in smoke....Replies: @Redman, @anon, @Mr. Anon, @Kronos, @Alden
McCain’s campain in 2008 miraculously came back from the dead too. He had ditched his campaign plane and was flying commercial, he was so broke. Then he got a big infusion of money and he was back in the running.
The "war uber alles" movement is powerful isn't it? Evangelicals are the socialists of the right. The elites need them to keep the Republicans in power and the elites need the hard left to keep the Obama corporatist centrists in power.
Either way the Obamas and the Bidens and the Clintons keep the wars and thus the no bid contracts going.....and that appeasement of the military industrial complex is the whole point keeping our political system in 1 piece....
Huckabee winning the Iowa caucuses in 2008 was like bernies early lead.....the elites couldnt have it....
Kamala Harris as VP mystified many political observers.....not me.
She's a functionary of Pelosis Bay Area political machine that runs California and most of the West Coast factions.
Harris is someone Pelosi and Brown etc can semi control. Its a political marriage between the Bay Area wing of the Democratic Party and the Chicago and Beltway factions.
Bernie is too volatile. Had he been the veep slot and Biden died....oooops all of a sudden no more war contracts and other corporate goodies in the form of corporate socialism. And WHOOPS! ppl like me go back to trade school & all the burger flippers and competent service sector folks go on the dole.....that meams higher labor costs and thus inflation and socialism.....which is probably inevitable anyway Bernie or no Bernie.....structural issues due to demographics will guarantee that.....Replies: @peterike
https://en.wikipedia.org/wiki/Jack_Welch#CEOReplies: @Kronos
Lol, that is a funny nickname.
Biden was a has been in 5th place who magically pole vaulted to 1st place after South Carolina where to use Steve's terminology "black church ladies" picked the candidate....
One billionaire Jewish guy early in 2020 said "if Warren or Sanders wins.....Wall Street won't even open."
Call me a conspiracy nut whatever the Deep State tried taking oit Trump on the right & successfully took out Bernie on the left.....can you imagine what would happen to the service economy if Bernie had won?
Free college means no idiots to cook the food or scrub the toilets.....which means the whole economy & current economic order and trillions in bonds and stock and other service industry assets go up in smoke....Replies: @Redman, @anon, @Mr. Anon, @Kronos, @Alden
I’m a Trump supporter and was going to vote for Trump in 2020 but Bernie was my favorite of all the Democratic Primary contestants. Unfortunately, Matt “Cushbomb” Christman from the podcast “Chapo Trap House” was rightfully concerned about South Carolina back in a 2018(?) episode. Biden (like Clinton) could be a “black whisperer” and play a strong hand on the southern black demographic. Race typically trumps class and economics in the South.
You have a good understanding of the region. Race & religion play big roles down here. 1 of the BIG REASONS Romney couldn't beat Obama was that many white evangelicals refused to support a Mormon....whom they view damn near a Satan worshipper or some weird sect cultist.
I still recall many white Southern Baptist preachers in a passive aggressive tone about Obama: "at least he's a black man who's loyal to his wife and has kids and isn't a godless atheist or a Mormon weirdo"....
The implication being he being married set a good example for black men to follow.Replies: @The Germ Theory of Disease
Some investment bankers and managers are more equal than others though, which is kinda what this is about. And of course some fields are (wildly) more lucrative than others.
https://youtu.be/x0IXEnhziPoReplies: @Mr McKenna, @Neoconned
Mainly among non-whites, and now–thanks to decades of mass-media programming–among goodwhites everywhere. None of this is particular to the South, if it ever were.
https://www.runnersworld.com/news/a33930019/mo-farah-sifan-hassan-break-one-hour-world-record-brussels/Replies: @Reg Cæsar, @Mr McKenna
David Blaine gets high again. They were going to do this over NYC until they realized 1) landing spots might be difficult and 2) too many peeps would be shooting at the balloons. Or at David Blaine.
Yeah, the girl can splay
Dedication, devotion
First across the finish line, f*****' A.
And after all the violence and double talk
There's just a medal in the struggle and the strife
You do the run, yeah, you do the run of lifeReplies: @Gurney Halleck
Are you Somali?
TVthe Internet.Not OT: I for one would welcome more coverage of Alphonse “Buddy” Fletcher.
Actually Joe, it was the Federal government, specifically the Department of War. It 1. Killed all those Indians, thus allowing a lot of smallholder farmers, the original middle class; 2. Was a major factor in the industrialization of the US, from interchangeable parts to buying massive amounts of supplies; 3. Destroying a lot of our competitors from 1941-45.
Why doesn’t Joe point this out?
Not going to the beach with you, dude.
Call me a conspiracy nut whatever the Deep State tried taking oit Trump on the right & successfully took out Bernie on the left…..can you imagine what would happen to the service economy if Bernie had won?
Pretty much the same thing happening last year.
Free college means no idiots to cook the food or scrub the toilets…..
which means the whole economy & current economic order and trillions in bonds and stock and other service industry assets go up in smoke….which means the border becomes totally openFIFY.
Bernie's opposition to open borders vaporized years ago. His price was a few houses.Replies: @Neoconned
Come on bro. Lets go to the beach. I’m a weird Bernie Bro. I like guns but want a Canadian style health care system….i also want college to be semi free like it was in the 1960s….in that lens….is that nuts? As for the border you may be right in the short term but even Mexicans dont want to work fast food. In the Gulf Coast region they DON’T do restaurants any more & there are help wanted signs every place.
If you see a Hispanic person in a restaurant in my region they’re probably Puerto Rican….
Are they desperate? BLM is openly black supremacist. All other “minorities” have been completely pushed aside. This year has only widened the “black vs non-black” divide, all thanks to the entire leftist spectrum. Most blacks clearly want to be an “other”
https://youtu.be/x0IXEnhziPoReplies: @Mr McKenna, @Neoconned
Bismarck used to say that Russia was “a void” and opaque and hard to understand…..the Deep South is a void as well….
You have a good understanding of the region. Race & religion play big roles down here. 1 of the BIG REASONS Romney couldn’t beat Obama was that many white evangelicals refused to support a Mormon….whom they view damn near a Satan worshipper or some weird sect cultist.
I still recall many white Southern Baptist preachers in a passive aggressive tone about Obama: “at least he’s a black man who’s loyal to his wife and has kids and isn’t a godless atheist or a Mormon weirdo”….
The implication being he being married set a good example for black men to follow.
Not really. As a teenager, I understood Russia perfectly well, just by reading some Turgenev ("A Hunter's Album," not "Fathers and Sons") and some Dostoevski ("Notes from Underground," "Brothers Karamazov"). And some Gogol and Chekhov, and the underrated British "novel on Russian themes" -- "Futility," by William Gerhardie. I got confirmation of this from talking to weepy Russians late at night in bars ("Ah, you get it, you understand!") and, later in life, many conversations with Russian cab drivers ("Ah, you get it, you understand!"). I was frequently mistaken for a Russian, or a child of Russian ex-pats.
Never been to Russia, though. I'd love to see it, but frankly, I'm scared.Replies: @GoRedWings!
Interesting observations.
The “war uber alles” movement is powerful isn’t it? Evangelicals are the socialists of the right. The elites need them to keep the Republicans in power and the elites need the hard left to keep the Obama corporatist centrists in power.
Either way the Obamas and the Bidens and the Clintons keep the wars and thus the no bid contracts going…..and that appeasement of the military industrial complex is the whole point keeping our political system in 1 piece….
Huckabee winning the Iowa caucuses in 2008 was like bernies early lead…..the elites couldnt have it….
Kamala Harris as VP mystified many political observers…..not me.
She’s a functionary of Pelosis Bay Area political machine that runs California and most of the West Coast factions.
Harris is someone Pelosi and Brown etc can semi control. Its a political marriage between the Bay Area wing of the Democratic Party and the Chicago and Beltway factions.
Bernie is too volatile. Had he been the veep slot and Biden died….oooops all of a sudden no more war contracts and other corporate goodies in the form of corporate socialism. And WHOOPS! ppl like me go back to trade school & all the burger flippers and competent service sector folks go on the dole…..that meams higher labor costs and thus inflation and socialism…..which is probably inevitable anyway Bernie or no Bernie…..structural issues due to demographics will guarantee that…..
Nah, what you’re going to get is a dual-track financial system, with high-performing front-runners and insiders for the one-tenth of one percent, and a fat regulated utility-like financial sector for the rest of the society, and the latter is where you’ll get your affirmative action hiring.
The next moves they will probably make are denying retail investors/traders the ability to short and limit them to monthly, rather than weekly option expirations. For their own protection, of course.
Agree. The Dems really only have two rhetorical modes: race pandering and money grubbing. In a case like this where one mode is disqualified (money), they have to double-down on the other (race), no matter how absurd it seems on its face.
If you see a Hispanic person in a restaurant in my region they're probably Puerto Rican....Replies: @Almost Missouri
If the borders are open (right now they’re not because of the “pandemic”), employers have the whole world in which to shop for lower-paid staff. They don’t need Mexicans when they can get unlimited Congolese, Somalis, Haitians and Tajiks.
They and peers often make ‘more money’ based on mediocre performance. It is a racket frankly speaking.
Despite STEM certifications and others like the Chartered Financial Analyst (CFA), one study shows that about 89% of actively managed equity funds (stock picking or market timing) failed to beat the market (Standard & Poor’s 500 index) over a certain period. Most hedge funds in particular actually underperform.
However, despite a fund doing badly managers still make money because of fees. Though this standard is in decline, a third of firms in the $3 trillion hedge industry still charge a flat rate of 2% on assets under management (AUM) in line with the 2-20 rule.
I present to you the most unfireable man in America:
https://www.engin.umich.edu/about/leadership/dean/
This is already happening chronologically, with the market makers cleaning up during the after-hours sessions and dumping to retail during the day.
The next moves they will probably make are denying retail investors/traders the ability to short and limit them to monthly, rather than weekly option expirations. For their own protection, of course.
Rogers’s mother , Jewel Lafontant, was also Deputy Solicitor General under Robert Bork during the Reagan administration. AND the divorce attorney for Cassius Clay /. Muhammad Ali first wife
And Her father was one of the first black graduates of University of ChicAgo law school
Maybe there is something to this genetics stuff? Or nurture as well?
And Her father was one of the first black graduates of University of ChicAgo law school
Maybe there is something to this genetics stuff? Or nurture as well?Replies: @Steve Sailer
You could probably get Obama talking about it if you brought it up in the context of his beloved book “The Sports Gene” by David Epstein.
Yeah, I searched for his name in the comments before posting and found yours. One sure way to get him covered more would be for Biden to float his name for a position: Buddy would really check off a ton of boxes as Secy. of Whatever…
These are not unimpressive individuals. Rogers is from the Very Talented Tenth of One Percent: his mother was a cabinet undersecretary in two Republican presidential administrations.
You’re right about John Rogers, he comes across as clean and articulate.
You have a good understanding of the region. Race & religion play big roles down here. 1 of the BIG REASONS Romney couldn't beat Obama was that many white evangelicals refused to support a Mormon....whom they view damn near a Satan worshipper or some weird sect cultist.
I still recall many white Southern Baptist preachers in a passive aggressive tone about Obama: "at least he's a black man who's loyal to his wife and has kids and isn't a godless atheist or a Mormon weirdo"....
The implication being he being married set a good example for black men to follow.Replies: @The Germ Theory of Disease
“Bismarck used to say that Russia was hard to understand.”
Not really. As a teenager, I understood Russia perfectly well, just by reading some Turgenev (“A Hunter’s Album,” not “Fathers and Sons”) and some Dostoevski (“Notes from Underground,” “Brothers Karamazov”). And some Gogol and Chekhov, and the underrated British “novel on Russian themes” — “Futility,” by William Gerhardie. I got confirmation of this from talking to weepy Russians late at night in bars (“Ah, you get it, you understand!”) and, later in life, many conversations with Russian cab drivers (“Ah, you get it, you understand!”). I was frequently mistaken for a Russian, or a child of Russian ex-pats.
Never been to Russia, though. I’d love to see it, but frankly, I’m scared.
You know nothing about Russia, and you're intelligent enough to know it. But you don't, but proudly put your ignorance on display by bragging about some books you read and some emigrants you met.Replies: @The Germ Theory of Disease
I know Reg, he’s 100% Oromo — and proud of it!
It’s more than that. Now Wall Street or defense contractors or any interested party can avoid reform or accountability by insisting a given cabinet member or appointment be a “POC”; from the short list of mediocre talent any such mandate requires, a president will be compelled to pick one who is at the least incompetent, but more likely someone who is on board with the given interest, maybe even one who has an understanding with such as Wall Street.
This position, to be fair, is the same position of most leaders of the opposing Republican Party.
Time will tell if ultimately a socio-economic or racial-caste vision will triumph in either party—both capitalists (and their parasitic friends) and race hustlers will still exist, but the endgame is vastly different.Replies: @Ben tillman, @SaneClownPosse
The two public political parties are two faces of the one private corporate/bank party.
Koch wants unlimited immigration.
Soros wants unlimited immigration.
See the difference?
Koch wants cheap labor to increase his profits.
Soros has probably put a large bet down on the USA defaulting. Over loading the system will make that happen sooner, rather than later.
When you’re that rich, successful and fawned upon, then it is a status symbol to be able to confidently pay such ostentatious respect to another.
Or, they’re just indulging their inner child without really caring what you or anyone else thinks; and good for them.
Having said that, sports are fun to play but dull dull dull dull dull dull to watch
No, but I play one on
TVthe Internet.https://thepostmillennial.com/insane-article-in-mit-technology-review-blames-conservative-journalists-for-violent-riotsReplies: @res
Thanks. Notice the legs that 220 lie has. Also notice that “220” does not appear in the text of the Donovan article.
BTW, how long before this bit of the Wikipedia article about her is removed? Did someone here add that by any chance?
https://en.wikipedia.org/wiki/Joan_Donovan
Right. One of the big issues with mismatch is as more desirable opportunities siphon off the cream disproportionately the mismatch becomes even worse further down.
Steve
Check out the report on the culture of the DC Metro Control Center. https://wtop.com/tracking-metro-24-7/2020/09/safety-audit-says-toxic-workplace-culture-at-metro-rail-control-center-puts-riders-at-risk/
It basically operates like a black fraternity house with all of the failures and inefficiency of a third world country.
The "war uber alles" movement is powerful isn't it? Evangelicals are the socialists of the right. The elites need them to keep the Republicans in power and the elites need the hard left to keep the Obama corporatist centrists in power.
Either way the Obamas and the Bidens and the Clintons keep the wars and thus the no bid contracts going.....and that appeasement of the military industrial complex is the whole point keeping our political system in 1 piece....
Huckabee winning the Iowa caucuses in 2008 was like bernies early lead.....the elites couldnt have it....
Kamala Harris as VP mystified many political observers.....not me.
She's a functionary of Pelosis Bay Area political machine that runs California and most of the West Coast factions.
Harris is someone Pelosi and Brown etc can semi control. Its a political marriage between the Bay Area wing of the Democratic Party and the Chicago and Beltway factions.
Bernie is too volatile. Had he been the veep slot and Biden died....oooops all of a sudden no more war contracts and other corporate goodies in the form of corporate socialism. And WHOOPS! ppl like me go back to trade school & all the burger flippers and competent service sector folks go on the dole.....that meams higher labor costs and thus inflation and socialism.....which is probably inevitable anyway Bernie or no Bernie.....structural issues due to demographics will guarantee that.....Replies: @peterike
I find your belief that Bernie is anything other than a life-long grifter phony to be amusing. Bernie’s palm is highly greasable. Really, embarrassingly so. He’s not even good at grifting.
Whenever she says anything related to Wall Street it’s textbook-whatever-the-opposite-of-apophasis-is (inoculation perhaps?).
She clearly and consistently is eager to see that they’re taken care of. It’s interesting she never went Dowager Countess, for which she’d be uniquely qualified as the most insidery old bat still standing.
Yet when you look at the 65+ competition (e.g. Pelosi) it seems balancing the progressive stack, the isms, the intersectionality, etc. is a young woman’s game, so just how old/rich do you have to get before you can say “cut the crap”
Despite STEM certifications and others like the Chartered Financial Analyst (CFA), one study shows that about 89% of actively managed equity funds (stock picking or market timing) failed to beat the market (Standard & Poor's 500 index) over a certain period. Most hedge funds in particular actually underperform.
However, despite a fund doing badly managers still make money because of fees. Though this standard is in decline, a third of firms in the $3 trillion hedge industry still charge a flat rate of 2% on assets under management (AUM) in line with the 2-20 rule.Replies: @Jim Don Bob
This reminds me of the old adage about stock brokers: If you’re so smart, why aren’t you rich?
INVESTMENT BANK SHILL: And our brokers are so smart, just look! All these yachts, are the yachts of our brokers!
CUSTOMER: Um... where are the yachts of the investors?
OT:
Much of the audience are seat fillers. Some are paid, some are not . Many are from the extras guild. Others are entertainment hangers on and wanna bes. They are necessary because the show itself is so boring. The seat fillers get all dressed up and wait in a holding area. As the invited audience slips out to go to the bathrooms to smoke and do coke and weed, the seat filler slips in and takes the seat. Because usually the invited audience members don’t come back because the show is so boring. The real audience leaves early for the after parties or to just go home and take off the high heels they haven’t worn in a year.
The better one is at the marina in Lower Manhattan….
INVESTMENT BANK SHILL: And our brokers are so smart, just look! All these yachts, are the yachts of our brokers!
CUSTOMER: Um… where are the yachts of the investors?
Biden was a has been in 5th place who magically pole vaulted to 1st place after South Carolina where to use Steve's terminology "black church ladies" picked the candidate....
One billionaire Jewish guy early in 2020 said "if Warren or Sanders wins.....Wall Street won't even open."
Call me a conspiracy nut whatever the Deep State tried taking oit Trump on the right & successfully took out Bernie on the left.....can you imagine what would happen to the service economy if Bernie had won?
Free college means no idiots to cook the food or scrub the toilets.....which means the whole economy & current economic order and trillions in bonds and stock and other service industry assets go up in smoke....Replies: @Redman, @anon, @Mr. Anon, @Kronos, @Alden
There’s an endless supply of S Americans and Mexicans to keep the food and service economy going.
https://twitter.com/TheAcademy/status/1303490909565140992
https://twitter.com/Variety/status/1303498355486662657Replies: @Alden
Who cares? Who watches the Oscars? Most boring show ever. And who cares what stupid liberal propaganda movie wins?
Much of the audience are seat fillers. Some are paid, some are not . Many are from the extras guild. Others are entertainment hangers on and wanna bes. They are necessary because the show itself is so boring. The seat fillers get all dressed up and wait in a holding area. As the invited audience slips out to go to the bathrooms to smoke and do coke and weed, the seat filler slips in and takes the seat. Because usually the invited audience members don’t come back because the show is so boring. The real audience leaves early for the after parties or to just go home and take off the high heels they haven’t worn in a year.
Fred and Donald Trump were in construction and real estate development sales and rentals I know Donald had a TV show but the core is real estate and construction.
Historically one of the most middle class occupations since the Roman Empire and its slave construction industry collapsed. Sales if you’re good at that. Architecture and engineering if you’re good at math high IQ. Endless manual labor jobs at various levels of skills training and pay. Design for residential, gardening. Something for every talent and inclination a decent and often very high wages.
Lots of ups and downs, lots of bankruptcies and lay offs. But overall, a solid industry and major employer of the middle class in a huge variety of occupations.
and Trump is a paragon of honesty
Not really. As a teenager, I understood Russia perfectly well, just by reading some Turgenev ("A Hunter's Album," not "Fathers and Sons") and some Dostoevski ("Notes from Underground," "Brothers Karamazov"). And some Gogol and Chekhov, and the underrated British "novel on Russian themes" -- "Futility," by William Gerhardie. I got confirmation of this from talking to weepy Russians late at night in bars ("Ah, you get it, you understand!") and, later in life, many conversations with Russian cab drivers ("Ah, you get it, you understand!"). I was frequently mistaken for a Russian, or a child of Russian ex-pats.
Never been to Russia, though. I'd love to see it, but frankly, I'm scared.Replies: @GoRedWings!
Big fan of your usual comments, but this, in a nutshell, is why the world thinks Americans are ignorant idiots.
You know nothing about Russia, and you’re intelligent enough to know it. But you don’t, but proudly put your ignorance on display by bragging about some books you read and some emigrants you met.
BUUUUUT....
Keep in mind that this is just a jolly bantering conversation on a blog, not an address to the Fellows of the Royal Society. I'm not going to talk about my academic work here, or the sorts of people I know, who are not just drunks and cab drivers. It was a funny teenage anecdote. (How do you think young people become interested in things they later pursue?).
My point was and is, that this Bismarckian/Churchillian dictum that Russia is an enigma wrapped in a riddle wrapped in a mystery, is nonsense. Russia is knowable, just as any other human subject is knowable. To say that //I know nothing about Russia// because of a snitty comment I made on the Internet, would be to, um, underestimate me. No further questions.
You're right though, in that I am not an ethnic Russian, do not speak or read Russian, and I've never lived in Russia, nor even traveled there. And it's not my field of expertise. I didn't play in the Ramones either, but if you think I know nothing about the Ramones, well......
But, as in all things: scale matters.
See you at the big party at Akhmatova House on the 30th! Oh... you didn't get an invite?
You know nothing about Russia, and you're intelligent enough to know it. But you don't, but proudly put your ignorance on display by bragging about some books you read and some emigrants you met.Replies: @The Germ Theory of Disease
Fair point. I understand what you’re getting at, and it makes sense.
BUUUUUT….
Keep in mind that this is just a jolly bantering conversation on a blog, not an address to the Fellows of the Royal Society. I’m not going to talk about my academic work here, or the sorts of people I know, who are not just drunks and cab drivers. It was a funny teenage anecdote. (How do you think young people become interested in things they later pursue?).
My point was and is, that this Bismarckian/Churchillian dictum that Russia is an enigma wrapped in a riddle wrapped in a mystery, is nonsense. Russia is knowable, just as any other human subject is knowable. To say that //I know nothing about Russia// because of a snitty comment I made on the Internet, would be to, um, underestimate me. No further questions.
You’re right though, in that I am not an ethnic Russian, do not speak or read Russian, and I’ve never lived in Russia, nor even traveled there. And it’s not my field of expertise. I didn’t play in the Ramones either, but if you think I know nothing about the Ramones, well……
But, as in all things: scale matters.
See you at the big party at Akhmatova House on the 30th! Oh… you didn’t get an invite?
https://twitter.com/amconmag/status/1305619834034675713
Rod Dreher:
It’s hilarious to look at the Democrat platform for working people. It’s all about their jobs rather than their lives! Nobody gives a shit about job conditions. Working people care about their neighborhoods and their kids’ schools.Replies: @MEH 0910, @MEH 0910