Odds and Ends — 8 October 2021


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Cryptocurrency, Investing, Money, Economy, and Debt:

JPMorgan: Institutions Are Rotating Out Of Gold Into Bitcoin As A Better Inflation Hedge

US FDIC Said to Be Studying Deposit Insurance for Stablecoins

Russia aims to limit crypto purchases by non-accredited investors

America Is Running Out of Everything

This is the economy now. One-hour errands are now multi-hour odysseys. Next-day deliveries are becoming day-after-next deliveries. That car part you need? It’ll take an extra week, sorry. The book you were looking for? Come back in November. The baby crib you bought? Make it December. Eyeing a new home-improvement job that requires several construction workers? Haha, pray for 2022.
The U.S. economy isn’t yet experiencing a downturn akin to the 1970s period of stagflation. This is something different, and quite strange. Americans are settling into a new phase of the pandemic economy, in which GDP is growing but we’re also suffering from a dearth of a shocking array of things—test kits, car parts, semiconductors, ships, shipping containers, workers. This is the Everything Shortage.

Coronavirus News, Analysis, and Opinion:

Over 142,000 children had caregivers die during COVID pandemic

GOP Lawmaker Pushes Insane Claim ‘Octopus-Like Creatures’ Are in Vax

Ivermectin: How false science created a Covid ‘miracle’ drug

Democrats Bet Voters Don’t Hate Covid Restrictions

Politics:

Rosen, Donoghue, And Clark: The Psychodrama That Nearly Subverted American Democracy

Rosen made a mental note, according to Senate investigators. It was “odd.”
And so, on Dec. 26, he gave Clark a call. Going off little information, Rosen asked whether there was “something going on that I don’t know about.”
Clark’s reply left Rosen “flabbergasted,” according to the report.

Biden DOJ shields ex-Trump officials from testifying about election fraud cases

Donald Trump didn't want to wear a mask, so the Republican Party helped him kill 700,000 people.

That's the GOP in a nutshell.

— Middle Age Riot (@middleageriot) October 7, 2021

Trump Allies Did Little to Probe Election Fraud Claims

Allies of former President Donald Trump testified under oath that they did little to check out some of the uncorroborated claims they made about 2020 election fraud before amplifying them on the national stage.
While the bogus fraud claims have long been debunked, these latest revelations are being made in sworn depositions and highlight how little vetting was done by certain Trump allies seeking to spread doubt about the integrity of the presidential election results.

Why China Is Alienating the World

Trump Faced Mass Resignations In Final Days

Even by the standards of President Donald Trump, it was an extraordinary Oval Office showdown. On the agenda was Mr. Trump’s desire to install a loyalist as acting attorney general to carry out his demands for more aggressive investigations into his unfounded claims of election fraud.
On the other side during that meeting on the evening of Jan. 3 were the top leaders of the Justice Department, who warned Mr. Trump that they and other senior officials would resign en masse if he followed through. They received immediate support from another key participant: Pat A. Cipollone, the White House counsel. According to others at the meeting, Mr. Cipollone indicated that he and his top deputy, Patrick F. Philbin, would also step down if Mr. Trump acted on his plan.

Guy Running Wisconsin’s Fake Election ‘Audit’ Admits He Doesn’t Know How Elections Work

Florida Republicans Demand ‘Audit’ of 2020 Election

Gov. Ron DeSantis and top Republicans in the Florida Legislature are under mounting pressure from their own party to audit the 2020 election even though former President Donald Trump easily won the state.
The Republican push for a ‘forensic audit’ — and a hand recount of more than 11.1 million votes — could create an awkward moment for DeSantis, who said in the immediate aftermath of the 2020 election that Florida has shed its reputation for electoral mishaps and was now the ‘model’ for the nation.

U.S. Troops Have Been Deployed in Taiwan

A U.S. special-operations unit and a contingent of Marines have been secretly operating in Taiwan to train military forces there, part of efforts to shore up the island’s defenses as concern regarding potential Chinese aggression mounts.

Serendipity:

Google Won’t Allow Its Ads on Climate Denial Content

Google and YouTube announced a new policy that prohibits climate deniers from being able to monetize their content on its platforms via ads or creator payments.

As American independence rang, a sweeping lockdown and mass inoculations fought off a smallpox outbreak

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Meme credit: The1stBAT (source)

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