The President Show

Look what you can do instead of hosting The President Show:

Second, the rescue bill has quietly become an infrastructure bill. It devotes $350 billion to supporting state and local governments. These funds, initially proposed to plug COVID-19-created holes in public budgets, in many cases now exceed those holes. So the Senate has allowed states, cities, and counties to spend that money on improving services such as water, sewage, and broadband. Because many water systems are vulnerable to climate change and must be adapted, this is de facto climate funding. The bill also contains $31 billion for tribal governments and Indigenous communities, including line items for new infrastructure, housing, and language preservation.

Downtown in our quaint little burg, one of the main streets in the central business district has been a mess for about three months, with sidewalks and the street alternately under massive excavation as sewers, power and water lines are replaced and updated. It’s a huge mess on a one way street in a tiny downtown and it’s not apparent when it will be completed. But that’s how badly needed it was, likely long overdue precisely because it’s such a hassle. Some of what is being replaced was likely original – whatever that might mean in this context. There’s a reason people/governments don’t want to do this. It’s hugely disruptive and expensive. But also absolutely necessary. There are likely 10,000 places this needs doing. So fix them, get started. And robots can’t do this work, btw. More boring accomplishments, please.

And then let’s dance to this music.

Mining industry elected Prime Minister of Australia

Much less of an exaggeration than it sounds:

The fate of Australia’s embattled Prime Minister Malcolm Turnbull is likely to be decided within hours as rivals seek enough signatures to force a vote on his leadership.

Amid a flurry of ministerial resignations Thursday, Turnbull said he would call a special meeting of the governing Liberal party at noon on Friday only if his main challenger — right-wing populist Peter Dutton — can gather enough signatures on a petition.

Just Monday, Turnbull abandoned a modest effort to reduce energy emissions under pressure from conservatives in his party. And yesterday, those same conservatives just missed toppling his government. Hmm:

Australia’s resistance to addressing climate change — by limiting emissions in particular — is well documented. Turnbull could yet be turned out of office as rivals rally support for another challenge as soon as Thursday. If that happens, he will be the third Australian prime minister in the past decade to lose the position over a climate dispute.

Despite the country’s reputation for progressiveness on gun control, health care and wages, its energy politics seem forever doomed to devolve into a circus. Experts point to many reasons, from partisanship to personality conflicts, but the root of the problem may be tied to the land.

“The Europeans think we’re crazy,” she added. “Who’s got more solar, who’s got more tidal power than us? It just goes to show the strength of that particular group.”

The trend of hyper-partisanship has not helped. Just as climate and energy issues in the United States create a toxic divide, with many on the right opposing anything the left supports — including well-established science — any mention of emissions control tends to create an anaphylactic reaction among Australian conservatives.

The arguments differ. Some make a case for free markets, despite subsidies granted to fossil fuel companies, or they say action works only when all nations act. Others, like Turnbull’s opponents this time, emphasize local priorities such as reduced energy prices for consumers.

The Aristocrats!

Under Turnbull, a former investment banker and a moderate, the Australian government has increased its support for fossil fuel extraction projects, failed to meet goals set under the Paris climate agreement, and shied away from challenging the consumption status quo even as the Great Barrier Reef bleaches toward oblivion.

Darren Saunders, a cancer biologist in Australia, spoke for many in a popular tweet that said, “It’s incredibly hard to describe how utterly sad it feels to be a scientist and dad in a country being dictated to by a small group of science-denying clowns putting their own short-term political gain over the long-term public interest.”

Which of these underlying conditions don’t we share with the Aussies? Show your work.

Image: Coral bleaching at Heron Island in the Great Barrier Reef, via

Rich morons: still morons

This has been ably dispatched here, here and elsewhere, but you still may have missed it. Lou-weeeze:

“Acting like everyone who’s been successful is bad and because you’re rich you’re bad, I don’t understand it,” the JPMorgan Chase & Co. (JPM) CEO told an audience member who asked about hostility toward bankers. “Sometimes there’s a bad apple, yet we denigrate the whole.”

Dimon, 55, whose 2010 compensation was $23 million, joined billionaires including hedge-fund manager John Paulson and Home Depot Inc. (HD) co-founder Bernard Marcus in using speeches, open letters and television appearances to defend themselves and the richest 1 percent of the population targeted by Occupy Wall Street demonstrators.

If successful businesspeople don’t go public to share their stories and talk about their troubles, “they deserve what they’re going to get,” said Marcus, 82, a founding member of Job Creators Alliance, a Dallas-based nonprofit that develops talking points and op-ed pieces aimed at “shaping the national agenda,” according to the group’s website. He said he isn’t worried that speaking out might make him a target of protesters.

“Who gives a crap about some imbecile?” Marcus said. “Are you kidding me?”

So… who’s the imbecile? This is not even being tone deaf – I think they’re just dumb. Why would you ever feel it necessary to go on the war path about this? You’re tough enough to create all those jobs and bank all that dough but you can’t take criticism for being rapacious windbags and now must be called petulant, too? This is a gross extrapolation of the argument that people making $400K are barely getting by – and also that more money you make, the harder you work. Neither of these things is remotely true. Krugman’s right: get rich enough to surround yourself with sycophants and no one will tell you you’re being an asshole.

Camel through the eye of a needle and all – the real moral is: We all really need close friends.