Odds and Ends — 29 May 2023


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“So many books, so little time.” — Frank Zappa

Cryptocurrency, Investing, Money, Economy, Business, and Debt:

7 presidential candidates have dropped clues about their crypto stance

An example on how small and fragile the Russian economy is:

Pete Zeihan’s The End of the World is Just the Beginning notes (page 157 of the hardback edition) that the total amount of annual trade on the Trans-Siberian Railway (the pride and joy of the Russian transportation system) is less than what’s carried on one Evergreen A-class container ship.

Dogecoin Chart Pattern Suggests Volatility Explosion Ahead

Coronavirus News, Analysis, and Opinion:

French researchers slam former hospital director for ‘unauthorised’ Covid trial

French medical bodies on Sunday called on authorities to punish researcher Didier Raoult for “the largest ‘unauthorised’ clinical trial ever seen” into the use of hydroxychloroquine to treat Covid-19.

Florida Man:

Super PAC to Transfer Money Directly to DeSantis

A super PAC backing Florida Gov. Ron DeSantis’ presidential run has raised $500,000 into a separate draft committee that is expected to be transferred directly to his campaign in the coming days.
The group, ‘Never Back Down’ has been encouraging donors to contribute online to the ‘Draft DeSantis 2024 Fund,’ a super PAC created in early March to house money from DeSantis donors until his campaign launch. Super PACs can raise unlimited funds, but they are generally considered expenditure-only, meaning they cannot contribute directly to a candidate.
Campaign finance experts called the move ‘unprecedented’ and had mixed reactions on if it violated FEC regulations.

Politics:

From The Department of What Could Possibly Go Wrong: Make Russia Pay

The West has already frozen some $300 billion in Russian assets. Here’s the case for seizing them.

Head of RT Calls for Lindsey Graham’s Assassination After Edited Video

Debt Limit Update: Biden Outplays GOP on Final Deal

Let’s be clear, this is shitty public policy foisted on the nation by a radical Republican House willing to blow up the economy and cause millions of jobs to vanish. Efforts to deal with deficits that do not include asking the wealthy and corporations to pay what they owe are cruel and wholly unserious. The tightening of access to aid for the most vulnerable Americans serves no purpose other than performative cruelty to appease the MAGA base.
But this could have been way worse in so many ways. The devil is very much in the details, but it seems like President Biden and his team outplayed McCarthy.

I love how he acts like this is “gay and trans paraphernalia” and not an inventory of his night stand. pic.twitter.com/s0XZTrF8Ow

— Ron Filipkowski (@RonFilipkowski) May 28, 2023

Colorado River deal brings relief, but is it a short-term solution to a long-term crisis?

Serendipity:

Scientists Harvest Electricity From “Thin Air” Using Strange Material

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Badge thanks to @arcange

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