Events

Later items

Long-time readers know how much I hate what Eddie Lampert has done to Sears (recent example here). Now, apparently, even he thinks the company is done for: Edward Lampert's proposed debt reduction plan for Sears Holdings is noteworthy for what it doesn't include: any commitment of new funds from the hedge fund mogul/CEO himself for the floundering retailer he has controlled since 2005. That may be why the plan landed with such a thud on Wall Street. Sears stock tumbled 7 percent after Sears disclosed...
Writing in Forbes, psychologist Todd Essig says it's perfectly plausible that Brett Kavanaugh has no recollection of what to Christine Blasey Ford was a life-changing event: It is distinctly possible that his lack of memory is not because it never happened but because he really has no recollection of it taking place. He never encoded the event. Therefore, he cannot remember something he never noticed, even though it proved to be life-altering for someone else. As Dr. Richard Friedman wrote this week, an...
Brilliant essay in The Atlantic by Rosa Inocencio Smith: There’s an eerie symmetry between Donald Trump and The Great Gatsby’s Tom Buchanan, as if the villain of F. Scott Fitzgerald’s 1925 novel had been brought to life in a louder, gaudier guise for the 21st century. It’s not just their infamous carelessness, the smashing-up of things and creatures that propels Tom’s denouement and has seemed to many a Twitter user to be the animating force behind Trump’s policy and personnel decisions. The two men...
The two most prominent Republican women who write for left-leaning major newspapers are not happy with the Brett Kavanaugh saga. First, Michelle Goldberg says the current GOP elite are "pigs all the way down:" Let’s start with Kavanaugh’s high school, Georgetown Prep, also the alma mater of Neil Gorsuch, Trump’s first Supreme Court pick. There’s now a wealth of reporting painting the private school as a bastion of heedless male entitlement. Kavanaugh’s high school friend Mark Judge — who Christine...

Personal update

   David Braverman 
EconomicsPersonal
For the first time since April 2000, none of my property is real. (That's a little lawyer humor.) The last transaction of the month will be Friday, when I close on Inner Drive Technology World Headquarters 5.0. Meanwhile, I own nothing, and I owe nothing. It's an odd feeling.
This week, I got an email from the SEO coordinator at Alaska Airlines: My name is Shawn with Alaska Airlines. I'm reaching out concerning a specific link on blog.braverman.org. As you may have heard, Alaska Airlines acquired Virgin America last year. We are in the process of updating all Virgin America links to go directly to our website, https://www.alaskaair.com. We want to make sure your readers are being sent to the correct place! We would really appreciate it if you could update the link and anchor...
We have not had a mayoral race like this in a century or more: The contest is as crowded as could be and for a reason: All of the old rules and factions have been weakened. Patronage is a shell of its former self. Departing Mayor Rahm Emanuel depended on money and not bodies to win office. Whites no longer are a majority, but neither are African-Americans; the city is split pretty much in thirds among those two groups and Latinos. Add in the fact that Emanuel groomed absolutely no one as a successor...
Yesterday we set a record-high temperature: 34°C at O'Hare. Even with the lake-side cooling we had downtown, it still sucked. Today, however, a cold front is slowly marching across the prairie and the temperature is forecast to fall to 13°C overnight. Good timing. The September equinox is tomorrow night. So even though meteorological autumn began on the 1st, it's nice that astronomical autumn will begin right on time.
Yesterday I finished Dr. Jeffrey Lewis's speculative novel, The 2020 Commission Report on the North Korean Nuclear Attacks Against the United States. Why scary? Because Lewis lays out, clearly and without hyperbole, a plausible scenario for what could be the most destructive conflict in human history. In conjunction with Bob Woodward's Fear and the soon-to-be released The Apprentice, it's even scarier—and no less plausible. Spend $15 and read this book.
Last week, The Economist celebrated its 175th anniversary with a call for renewing liberalism: Liberalism made the modern world, but the modern world is turning against it. Europe and America are in the throes of a popular rebellion against liberal elites, who are seen as self-serving and unable, or unwilling, to solve the problems of ordinary people. Elsewhere a 25-year shift towards freedom and open markets has gone into reverse, even as China, soon to be the world’s largest economy, shows that...

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