August 7, 2022

In Case You Missed It (v101)

Here's your recap of last week's posts. It seems some of the posts in my head didn't make it to the interwebs; hopefully I can work on that this week, so I can get some sleep.

I started the week Ranting and Raving about our glorified Wild West culture, where in Texas - where else? - a man who was robbed at an ATM shot several rounds, and several more, in the general direction of where the person who robbed may or not have been, he didn't really know. 

It was also in the direction of a family's vehicle, and the nine-year-old little girl inside who died as a result of what people are laughably calling self-defense. The shooter was not charged with a crime, but he "continues to grieve for" the little girl and, according to his attorney, "the grand jury made the right decision and that the person responsible for her death is the robber." 

The murderer, they said, 

did what we believe anyone in that situation would have done. We are relieved that, despite the emotion and tough decisions that had to be made in dealing with this case, justice was served for (the murderer).
I'm sorry, but there is zero justice being served here

    • Unless you think that an idiot who's so dumb, he'd shoot at a random vehicle in the ATM line deserves justice. 
    • Unless you think that an innocent nine-year-old little girl is acceptable collateral damage for a robbery. 
    • Unless you think that a person who shoots at a stranger's vehicle in an ATM line is acting in self-defense, when he doesn't even know whether the person who robbed him is in that car, or any other car in the ATM line.
This stuff is just nuts.

Also nuts? Sunday School, although I think it's better now that I focus on a single classroom instead of wandering up and down the halls. Last week's featured classroom was Face the Nation, where Sen. Joe Manchin made an appearance and explained that he hadn't changed his mind on things - he had just opened his eyes, or something. 

 ...the corporate tax in America in 2017, before the Republican tax cut, was 35 percent. They cut it to 21 percent, 14 percent reduction. All the people that I know are paying 21 percent or more. All the even larger corporations, but some of the largest corporations of a billion dollars of value or more don't even want to pay the minimum of 15 percent.

He said he "never thought" people (I think he meant corporations) weren't paying at least 21%. Has he had his head in his state's coal dust for the last decade or more? I mean, I did a post on GE not paying any federal income taxes back in 2011, for heaven's sake. And West Virginia's almost heaven, so Manchin clearly should have known about this.

For your Extra Credit, I listened in as my favorite Fed banker, Neel Kashkari, talked economics with John Dickerson. On the question of whether implementing a minimum 15% corporate tax would hurt supplies and increase inflation, Kashkari said we need to focus on the short-term,  

the demand side effects totally swamp the supply side effects. And so, when I look at a bill that's being considered, that your two senators talked about, my guess is over the next couple of years it's not going to have much of an impact on inflation. It's not going to affect how I analyze inflation over the next few years. I think long-term it may have some effect. But, over the near term, we have an acute mismatch between demand and supply. And it's really up to the Federal Reserve to be able to bring that demand down. 

For some reason, whatever I was Wondering on Wednesday didn't make it out of my head. I'm blaming the heat, the humidity, no A/C, and the fact that I don't have a light on my screened porch which means I can't write out there at night.

On Thursday, I threw it back to Sunday School from two years ago that day; Mick Mulvaney, former Trump budget guy, former Trump acting chief of staff, former Trump "dude sent to Ireland to get him out of the way," former Trump supporter, talked with Chuck Todd on MTP about mass shootings; the show was on right after the El Paso and Dayton murders.  

Let's just say they were both, well, they were both their 'best' selves. Here's some of their exchange, talking about Trump and his "dehumanizing rhetoric. Todd asked, "Is he not the president of all Americans here? It does seem as if he's always more worried about how his base is going to react to something than how the American, you know, moral fabric is protected?

He absolutely is the president of all Americans, alright...Listen, we're going to have policy discussions, but my guess is, you show me how you feel about the president, and I'll show you who you think was responsible for the shooting. 

Todd did not drop it there, adding "well, unfortunately, it does appear this was a political motive of this domestic terrorist." And here was Mulvaney's final thought.

This was a political motive by a crazy person with a gun. How do we stop crazy people from getting guns? That's a - -if we can't agree on that, if we can't figure out a way to prevent that from happening, there's very little hope for this nation. Let's try and fix what allows sick people to get these types of weapons.

Here we are, two years later, with the same arguments and the same lack of 'real' action, and, to a large degree, the same "very little hope for this nation." Mulvaney's words, remember - not mine. 

Finally, I attempted the good week/bad week stuff in TGIF. There was lots going on, but much of the post dealt with the Senate and their efforts - partisan and bipartisan - to get things accomplished. There was the Inflation Reduction Act, and the PACT Act, and more.

Speaking of the PACT Act, here's an excerpt from a WaPo editorial congratulating those who fought for the bill's passage, and blasting the Rs delaying the bill "at the last minute...and used to score political points..."

The objections hinged on a technicality: Sen. Patrick J. Toomey (R-Pa.) had raised concerns about reclassifying existing toxic-exposure benefits from discretionary spending to mandatory. He argued that this move could free up space in the discretionary budget for legislators to spend on other programs.
Officials, including Veterans Affairs Secretary Denis McDonough, warned that keeping those benefits in the discretionary budget could force the agency to “ration” care, and pointed out that the measure had bipartisan support in June. That did not stop Republican lawmakers from characterizing the bill as an insidious attempt by Democrats to spend hundreds of billions on unrelated causes.

As I get ready to post this, they're still at it in the Senate; the Rs are still fighting, but the Dems are holding strong. We'll see how long it takes for the 'vote-a-rama' to end.

See you later for Sunday School, if not sooner. 

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