An old beer bottle in Monks Wood NNR, used as an anvil to smash open countless snails by countless Song Thrushes. The bottle may have been used by the birds for more than half a century, it’s embossed ‘Huntingdon Breweries Ltd’, who ceased production in 1954. @NE_WestAnglia pic.twitter.com/O7iWcEByyX
— Richard Broughton (@woodlandbirder) May 17, 2019
College Students Aren’t Checking Out Books Atlantic (resilc)
Long-term anticholinergic use and the aging brain Alzheimers & Dementia. I have doubts about this study, particularly since correlation is not causation and the sample size was not great (285 which fell into three buckets). Even though the article claims the researchers screened for co-mordidity, at least as far as I got (past the abstract), they don’t say what precisely they looked for. Could underlying sleep problems be a contributor? Or difficult behavior (which could have been part of the Alzheimers process) which lead caregivers to med the patient up so they slept well and didn’t need minding at night? Having said that, it’s not hard to see that medications like this are problematic.
Trump’s feud with Huawei and China could lead to the balkanization of tech MIT Technology Review (resilc)
Food Delivery Apps Are Drowning China In Plastic New York Times
Michel Barnier tells the next British Prime Minister that May’s deal is the ‘only option’ for an orderly Brexit Politico. Confirming Juncker’s remarks.
— ITV News (@itvnews) May 29, 2019
Israel Heads for New Elections in Setback for Netanyahu Wall Street Journal. Couldn’t happen to a nicer guy.
Why War With Iran is Not a Rational Strategy for Saudi Arabia Counterpunch (resilc)
Arms Makers Tell Investors That Iran Tension Fuels Business Intercept (resilc)
That Time the U.S. Military Played a War Game Against “Iran” — and Lost DownWithTyranny! We’ve covered this before, but worth a reminder.
Big Brother is Watching You Watch
Women’s Fertility App Is Secretly Funded by Anti-Abortion Activists, Says Report Daily Beast (resilc)
Is China’s social credit system coming to Australia? PhysOrg (Robert M)
Matthew C points out with the next two links that social credit scores are already here. But as William Gibson would say, not equally distributed:
The Platform Challenge: Balancing Safety, Privacy and Freedom Alex Stamos, DataEDGE 2019 (David L)
Mueller says charging Trump was ‘not an option’ Financial Times
Trump reportedly seeks Adelson’s advice amid differences with Bolton Times of Israel
Trump Takes Credit for Vet Healthcare Program That Started Under Obama Rolling Stone (resilc)
How the War Party Broke Trump American Conservative
Justice Thomas: Supreme Court Needs to Confront Abortion Being Used as a ‘Tool of Eugenic Manipulation’ Epoch Times (David L). Hoo boy.
What was President Obama’s worst High Crime? Fabius Maximus (resilc). Screechy but the substance is grist for thought.
Are Blowout Presidential Elections A Thing Of The Past? FiveThirtyEight
Democrats worry Bernie Sanders could play spoiler The Hill (UserFriendly)
Can Warren Overtake Sanders? American Prospect
So actually, @BernieSanders is one of the least wealthy 2020 candidates. And yet @Politico photoshopped a money tree behind him with a headline about him supposedly hoarding a secret fortune & also tweeted that he’s cheap.
Now do you get why people thought it was antisemitic? https://t.co/tb3VGsa0Gi
— David Sirota (@davidsirota) May 29, 2019
Bernie Sanders backs 2 policies to dramatically shift corporate power to U.S. workers https://t.co/J8riRA3bOI
— The Washington Post (@washingtonpost) May 28, 2019
Green New Deal
Stop Underestimating the Green New Deal American Conservative
As planting window closes, Minn. farmers face tough choices MPR. Chuck L: “Probably applicable to states throughout the Upper Midwest.”
Flooding continues on Edgemere Drive Rochester First. Martha r:
From upstate NY, drone footage, with scary sound, of current flooding of Lake Ontario. Higher level than the bad flooding there in 2017.
This phenomenon is not life-threatening and may not get much attention, but represents an important early manifestation of climate change now having serious, heavy impact in a large region of the USA, the Great Lakes region. From 3/21: Great Lakes are rapidly warming, likely to trigger more flooding and extreme weather CBC
Louisiana Sends ‘Heartbeat Bill’ to Governor’s Desk Wall Street Journal
Short Sellers Are Ripping Uber Apart SafeHaven. While this story has interesting detail, the framing is frustrating. The act of shorting a stock does not lower it; in fact, some analysts regard a large short position as a bullish sign, since the short sellers will at some point have to buy shares to close out their positions.
The way short sellers hurt a stock price (in the eyes of those who think stock prices should always go up, regardless of whether the company is a garbage barge) is by presenting negative information about a company’s prospects.
Pimco estimates that a credit downturn with cumulative default rates of 15% would generate about $150 billion of losses in CLO equity (*maybe* reaching to BB) https://t.co/43yM25gm8H
— Tracy Alloway (@tracyalloway) May 30, 2019
Note this is bad but not even close to crisis level losses. There were ~40% losses on subprime and Alt-A deals (market size hard to estimate but say $2 trillion), so $800 billion. Then you had CDS creating synthetic losses on the BBB tranches that were 4-6X real economy exposures (note the $800 billion was not all BBB tranches). Then you also had CLO losses back then too (they went to about 80 cents on the dollar, but the losses were not well reported at all). Plus the US economy is bigger now too.
In shock news, rich people lie and cheat more than the poor. The Journal (PlutoniumKun)
Gig economy workers are struggling financially Vox (resilc)
The preachers getting rich from poor Americans BBC (resilc)
Antidote du jour. Frank:
These two [readers get one] pictures were taken just outside my door in Windham, VT on April 3, 2019. I believe that the bird is a Black-capped Chickadee with a condition called Leucism. The bird is not an albino, but does not produce melanin properly.
At our feeder just now we are having lots of Black caps, some Junco’s, an occasional Nuthatch, and one Tufted Tit-mouse. The other birds do not seem to ostracize White-Cap as we call him/her. Do we have bird experts that can weigh in on this.
And a bonus (guurst):
Behold, The Otter Tree! …wait, what!?
Credit: Jeff Tan pic.twitter.com/jkJ0HYAkfk
— In Otter News (@Otter_News) May 19, 2019
See yesterday’s Links and Antidote du Jour here.