Events
The Pension Benefit Guaranty Corporation—read: the government—read: us, as we live in a frickin' REPUBLIC—has taken over the Sears Holdings pension fund because, basically, Eddie Lampert has driven it into the ground: The agency covers individuals’ pensions, up to certain limits, if an insured pension plan shuts down without enough money to pay all benefits. It estimates Sears’ two pension plans are underfunded by about $1.4 billion. As a creditor, the agency could attempt to recover some of that money...
...Barack Obama was sworn in as the 44th President of the United States. Happy anniversary, Barry.
The Times provides a bit of colour about the Speaker of the House of Commons, who earlier this month broke precedent to force the Government to accept more control from Parliament: The outside world rarely takes much notice of the speaker of the House of Commons, a nonpartisan and typically low-profile figure who presides over parliamentary debates. But Britain’s last-minute paralysis over exiting the European Union, or Brexit, has made Mr. Bercow into a kind of celebrity. With less than 10 weeks left...
...is TV Tropes. Try to get out in less than five minutes. I dare you.
We've already seen what happens when the UK leaves abruptly
Author Pankaj Mishra thinks Brexit may be comeuppance for the British ruling class. Exhibit 1: Indian Partition: Describing Britain’s calamitous exit from its Indian empire in 1947, the novelist Paul Scott wrote that in India the British “came to the end of themselves as they were” — that is, to the end of their exalted idea about themselves. Scott was among those shocked by how hastily and ruthlessly the British, who had ruled India for more than a century, condemned it to fragmentation and anarchy...
There has always been local government capture
I wanted to post this when it came out but life intervened. A couple weeks ago, New Republic reported on the sad tale of exurban town Elwood, Ill., and the "opportunity" they seized on with a giant intermodal freight terminal in 2002: Fifteen years before Amazon’s HQ2 horserace, Elwood had won the retail lottery. “Nobody envisioned what we have out here,” said Jerry Heinrich, who sat on the board of the planning commission that first apportioned the land for development in the mid-1990s. “It was never...
As readers have inferred, I've started a new position (more later), and with that I've got to set up a new work computer. I say "computer," but it's actually a MacBook Pro. All of my everything lives in the Microsoft universe. This has caused a slight problem trying to get access to my new company's source code in GitHub. See, I've used Password Safe for years to manage all my passwords. By "all" I mean that I follow the standard industry practice of never re-using passwords, and generating strong...
A week after his surgery, Parker seems a lot better. He's resumed his previous walking pace, and seems generally less sullen, despite the fact that I'm out of the house a lot more this week than the last few. We also switched up his antibiotics which should help his body get rid of the last bits of gunk around his knee. His stitches come out next Wednesday, and with that, his cone comes off. Further updates as the situation warrants.
The Atlantic shares "50 moments that define an improbably presidency:" This week marks the midway point of Trump’s term. Like many Americans, we sometimes find the velocity of chaos unmanageable. We find it hard to believe, for example, that we are engaged in a serious debate about whether the president of the United States is a Russian-intelligence asset. So we decided to pause for a moment and analyze 50 of the most improbable, norm-bending, and destructive incidents of this presidency to date. Our...
No one really thought the UK government would collapse today (though it should have), but only because the norms of British politics have collapsed instead: Theresa May has comfortably won the no confidence vote, by 325 to 306 - a majority of 19. The vote came after a debate which saw Jeremy Corbyn accuse her of leading “a zombie government”. And Tom Watson, the deputy Labour leader, closed the debate with a powerful speech saying May does not “possess the necessary political skills, empathy, ability...
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