Monday Wake Up Call – Page 7

Monday Wake Up Call – January 9, 2023

The Daily Escape:

Kennebunk, ME – January 2023 photo by Eric Storm Photography

Buried in the McCarthy debacle last week was some good news on the abortion front. From the NYT:

“For the first time, retail pharmacies, from corner drugstores to major chains like CVS and Walgreens, will be allowed to offer abortion pills in the United States under a regulatory change made Tuesday by the Food and Drug Administration.”

The online magazine STAT asked an interesting question: (emphasis by Wrongo)

“When the Food and Drug Administration lifted some — but not all — of its restrictions on an abortion pill this week, it raised questions about why these rules were there in the first place. Mifepristone, the drug in question, has been used by over 3.7 million Americans to end early pregnancies since its approval in 2000, is more than 97% effective, tends to have only mild side effects such as cramping, with severe ones occurring in fewer than 0.5% of patients. So why was it on a list of prescription drugs requiring extra precautions and red tape, alongside opioid painkillers?”

Monday Wake Up Call – December 19, 2022

The Daily Escape:

Skiing Santas at Sunday River Ski Resort, Newry, ME – Dec. 11, 202, AP Photo/Robert F. Bukat

(As we cruise towards Christmas, each day this week we will feature pictures of Santas and/or Christmas trees, along with loopy songs vaguely representative of the season. You’ve been warned.)

The war in Ukraine has once again reminded policy makers of the importance logistics plays in winning on the battlefield. In reading a Defense One post by Marcus Weisgerber, Wrongo learned that demand for weapons by Ukraine — combined with worker shortages, inflation, and other factors — has made it more difficult and more expensive to produce the most in-demand weapons. This describes the current problem:

“The US has sent 13 years’ worth of Stinger production and five years’ worth of Javelin production to Ukraine…”

That’s in 10 months. And a newsletter by CDR Salamander states the overall problem clearly:

“The Ukrainians would have run out of weapons and ammunition months ago if the former Warsaw Pact nations in NATO didn’t empty what inventory they had left of Soviet Era weaponry and the rest of NATO led by the USA didn’t wander the world trying to soak up as much available inventory money could buy. That and the rapid adoption of NATO compatible equipment by the Ukrainians is helping, but that has revealed other problems – who says the West has enough to give?”

It is said that amateur warriors deal in tactics while professional soldiers deal in logistics. Both sides in this war are burning through their weapons stockpiles at unsustainable rates even though the war seems (at least momentarily) to be a stalemate. The US and NATO had little in stockpiled weapons even before the Russo-Ukrainian War, able to mount only a very limited or short war as they did (poorly) in Libya. This has been true for the past 20 years. Now those limitations are out in the open.

US defense spending could rise 10% percent in 2023. A good chunk of the increase is meant to rush weapons to Ukrainian forces fighting the Russian invasion, along with replenishing the US missiles, artillery and other weapons sent to Ukraine.

But the sad truth is that it isn’t clear that US or European defense companies, along with the thousands of small businesses that supply them, can meet this increased demand. There are plenty of reasons, including worker shortages and supply-chain disruptions that have been exacerbated by the pandemic and the global current economic outlook.

And the Pentagon was slow to award contracts to rebuild weapon stockpiles. Those that were awarded quickly had to be fast-tracked by top-level Biden administration officials. And it gets worse. Many defense firms are short-staffed relative to what’s needed to fulfill anticipated Pentagon orders to replace weapons sent to Ukraine. Defense One quotes Raytheon Technologies CEO Greg Hayes:

“The real question is, can we actually build it?….They can appropriate all the money, but…if we take months and months and months to get on contract, that’s months and months of delay.”

Raytheon builds the Stingers that are so depleted. They are willing to ramp up, but it takes investment and lead time to grow production. More from Hayes:

“We want to be prepared to meet the demand that’s out there….I wish I could snap my fingers and then all of a sudden miraculously, throw a building up and train 500 people [to build them], but it just takes time.”

American business calls this “Lean Manufacturing“.

A final illustration of how a simple part that gets caught in the supply chain becomes a big problem: The Eurasian Times reports that German ammunition manufacturers have warned about delays in receiving cotton linters. They are a necessary component for propelling charges from small guns and artillery. All European ammunition producers depend on China for cotton linters, even though it is a commodity produced and traded globally. The time to get them to Europe has tripled to nine months.

Much like we learned during the height of the pandemic, our supply chain is only as strong as its weakest link. Lean Manufacturing and “Just-in-Time” supply chains drove the prices of imported goods through the roof, but increased demand meant that we still had to wait months to get what we ordered. Have we learned anything?

Like during the pandemic, the Russo-Ukrainian War is sending a clear warning to everyone throughout the West: We need to ramp up production, capacity, and have a more reliable – if somewhat less efficient, supply chain to support our military. This is a hard lesson, because unlike jets, missiles and ships, ammunition and expendables are hidden away in bunkers. And if your governments and diplomats do their job, they will never be used.

However, if/when you need them, like right now, the need is existential. Time to wake up America! We can’t depend on capitalism only to solve our supply chain problems. To help you wake up, take a moment to watch the Foo Fighters, who closed 2017’s Christmas episode of Saturday Night Live with an extended performance of “Everlong” that morphs into a pair of seasonal classics:

Monday Wake Up Call – December 12, 2022

The Daily Escape:

Oak Creek in snow, Sedona, AZ – November 2022 photo by Ray Redstone Photography

What is it with our national politicians? There are only a few days left for the House and Senate to increase the country’s debt limit, but both Parties have been screwing around, and now it looks like they may punt the problem to the incoming Congress.

From the NYT:

“Congressional leaders have all but abandoned the idea of acting to raise the debt ceiling this month before Democrats lose control of the House, punting the issue to a new Congress when Republicans have vowed to fight the move, and setting up a clash next year that could bring the American economy to the brink of crisis.”

The plan had been for Democrats to act during the lame-duck post-election session to increase the legal borrowing limit. That would take advantage of the Dems’ final month of control of both Houses of Congress. It would head off a pissing contest with Republicans when they take over the House in January. Republicans have threatened to block the increase once they are in charge of the House. They plan to hold it hostage until the Democrats agree to substantial cuts to domestic spending and Social Security, Medicare, and Medicaid.

There are several problems here. The debt ceiling which the US will reach sometime next year; the expiration of the last stopgap funding bill that expires on Dec. 16; and passing an overall budget for the current fiscal year.

The Dems had planned to attach a series of other priorities to the big funding package, including the reform of the Electoral Count Act (ECA), a critical reform that helps prevent election denier shenanigans in 2024. On December 3, Wrongo warned that this was a high risk gambit: (emphasis by Wrongo)

“…the Democrats need Mitch McConnell and other GOP Senate leaders to agree to attach ECA reform to a spending bill and enlist the 10 GOP Senators to support it. That means the GOP controls whether this bill is enacted.”

Now we’re hearing that the leadership of both Parties can’t get to an agreement on the big package. More from the NYT:

“Republicans and Democrats remain at odds over how to split funding between military and social programs. Talks are set to continue through the weekend ahead of the Dec. 16 deadline, though aides said lawmakers could pass a one-week stopgap bill to give negotiations additional time.”

So America’s Christmas present from Congress will be no Electoral Count Act reform and no new budget, and no debt ceiling increase. Instead, we’ll get another Continuing Resolution that will fund the government until early in 2023 when the Republicans will try once again to toss the US credit rating off a high cliff with their far Right ideological theories on US government debt.

Under the last debt limit increase passed late in 2021, the federal government can borrow $31.381 trillion. Total national debt has been slightly above that level, but since a small portion of the debt is exempt from the debt ceiling, we’ve stayed in compliance. As of last week, total debt subject to the debt limit got as close as $31.345 trillion.

The consequences of failing to extend the debt limit are immediate and bring great risk. For example, it could force the government to choose between paying Social Security checks or paying the interest due on the country’s debt. That happened in 2011, when Congressional Republicans pressured President Obama to accept similar spending cuts in exchange for raising the debt limit.

That standoff led to downgrading the credit rating of the US. It rattled American investors and the US economy. This time, it could have global economic implications, given that the world is facing a global recession.

Before you say: Well, these birds learned this lesson back then, so they surely will make a deal this time. Consider that Goldman Sachs reports that less than a quarter of Republicans and less than a third of Democrats who will serve in the House in 2023 served there in 2011.

Time to wake up, Congress! Sure, some of you are very old, and want to go home for the holidays. But we pay you to fix things, not to make them worse. Schumer and Pelosi should make them all stay in DC until they vote on what the country needs.

To help them wake up, watch, and listen to a live version of the Allman Brothers’ “Midnight Rider” with Vince Gill, Gregg Allman and Zac Brown from a 2014 performance at the Fox Theater in Atlanta. One of the wonders of live music is what happens when artists collaborate in a live setting:

We’re also seeing Chuck Leavell on keyboards and Kenny Aronoff on drums.

Sample Lyric:

And I don’t own the clothes I’m wearing
And the road goes on forever
And I’ve got one more silver dollar
But I’m not gonna let ’em catch me, no
Not gonna let ’em catch the midnight rider

Monday Wake Up Call – November 28, 2022

The Daily Escape:

Thanksgiving Day, Brewster, MA – November 2022 photo by Anne Marie

There was plenty of news over Thanksgiving that Wrongo was itching to talk about, but instead, he decided to take a complete break. Here’s something that’s been on his mind.

Despite all of the self-congratulating by Democrats, the Cook Political Report shows that Republicans received some 3.5 million more votes than Democrats in the midterms. Republicans received 54.13 million votes compared to the Democrats’ 50.79 million votes. Republicans did better in 2022 than they did in the 2018 midterms by 3 million votes, while Democrats got 10.3 million fewer votes than 2018, when they won control of the House by 235–199. Much of this is turnout.

Despite this context, the narrative is that America rejected the far Right by defeating election denier candidates. And most Trumpist candidates were defeated by significant margins. Democrats shouldn’t rest on their laurels or assume “the Trump fever has broken”. It hasn’t. America comes out of the midterms with voters evenly divided between the Parties.

Now, there are only four swing states left: Arizona, Georgia, Nevada, and Wisconsin. These four only account for 43 Electoral Votes. Stanley Greenberg, a Democratic pollster points to the striking “continuity among the elections” since Trump emerged as a national political figure:

“We’ve now gone through 2016, ’18, ‘20 and ‘22 – and all looked pretty much alike….And it has locked in the coalitions.”

So we’re not only evenly divided, but we’re also deeply divided politically.

Looking at the Electoral College, the midterms offered some optimism to Democrats when 2024 comes around. The five states that decided the last presidential race did so by flipping from Trump in 2016 to Biden in 2020. Those five (Arizona, Georgia, Michigan, Pennsylvania, and Wisconsin) moved more toward the Democrats in 2022.

The Dems won six of the eight Senate and governor races across these states, and Dems could notch a seventh victory if Sen. Raphael Warnock defeats Herschel Walker in a Georgia run-off next month.

But Republicans made Ohio, Iowa, and Florida Redder. Each now appears securely in the GOP’s column for 2024 (and most likely beyond). And the Dem’s perennial hope of turning Texas Blue still looks like it’s another 10 years away after Republican Gov. Greg Abbott’s double-digit victory against Beto O’Rourke. Republicans again won all of Texas’ statewide offices, continuing a Dem shutout that stretches back to the 1990s.

It appears that the offsetting and hardening partisan strengths of each Party could again give the power to decide the presidency to a few hundred thousand voters, in a very few close counties in a few very balanced states.

CNN’s Ron Brownstein says that a 2024 presidential race with just Wisconsin, Nevada, Georgia, and Arizona as true battlegrounds would probably begin with Democrats favored in states holding 260 Electoral College votes (including Washington, DC) and Republicans in states with 235. That means Democrats would need to win just one of Arizona (11 votes), Georgia (16), or Wisconsin (10) to reach an Electoral College majority. But that’s far from a certainty.

This division will make for tons of political stress over the next two years. Each Party understands that our nation’s future is now controlled by the choices of a tiny minority of people living in a few contested political districts: White-collar suburbs of Atlanta and Phoenix, working-class Latino neighborhoods in and around Las Vegas, and the mid-sized communities in Wisconsin’s so-called BOW counties (Brown County, Outagamie County and Winnebago County).

No GOP presidential candidate will concede Michigan or Pennsylvania just because of the midterm results. But the magnitude of those 2022 Democratic wins show how difficult it will be for a Republican nominee to take them in 2024 – particularly if the GOP candidate supports further restrictions on abortion.

It’s likely that Democrats will target North Carolina to expand their roster, while Republicans will target Minnesota and New Hampshire. But flipping any state will be difficult, depending upon candidate quality.

This shrinking list of competitive presidential states could increase political tensions for the next two years. Time to wake up America! Think about how your indifference to politics and to voting in our elections has put the country on a knife edge. The threat posed to America by the MAGA extremists remains very real.

It’s going to take tremendous effort in every single election until this dynamic shifts. And that could take a full generation. To help you wake up, watch “People Get Ready”, a Curtis Mayfield tune that foretold the turning tide in the battle for racial equality. It hit the top of the R&B charts after its original 1965 release by The Impressions.

It’s been covered by scores of artists, including Bob Dylan, Bruce Springsteen and here in 2009 by Rod Stewart and Jeff Beck at the El Rey Theater in Los Angeles. Beck’s reaction when Stewart comes on stage is priceless. Stewart served as vocalist for the Jeff Beck Group back in 1969:

Sample Lyrics:

People get ready
There’s a train a-coming
You don’t need no baggage
You just get on board
All you need is faith
To hear the diesels humming
Don’t need no ticket
You just thank the Lord

Monday Wake Up Call – November 21, 2022

The Daily Escape:

Early snow, Rockford, MI – November 2022 photo by Jeane Blazic

We’re going to cover two topics on this Monday. First, Bernard L. Fraga, associate professor of Political Science at Emory University, tweeted the demographics of the Georgia midterm election:

Black turnout was down by 4.5% vs 2018. Hispanic turnout was down 2.5%. Had the Black turnout percentage been at 2018 levels, Warnock probably would have won outright. The difference may have been caused in part by the new voting restrictions in Georgia. Wrongo talked last week about helping Georgians get photo IDs. People better wake up and help get more Black Georgians to the polls on December 6.

But today’s main wake up call is about the Rightwing group, the American Legislative Exchange Council (ALEC). Wrongo has written about ALEC before, here, here, here and here. ALEC prepares model legislation that conforms to hard Right ideology. They then meet with state legislators all across America to push for adoption of ALEC-written laws at the state level. These are laws that would probably never become law at the federal level.

In the past, some Republican-led states have passed hundreds of pieces of ALEC’s model legislation almost word for word, including on immigration, voter suppression, the environment, guns, and energy policy.

Now, ALEC is pushing states to adopt a new law shielding US businesses from “political boycotts”. If enacted, the proposed legislation, would prevent boycotts by investors, banks, and companies of any other US business. The guts of the Act is that a governmental entity may not enter into a contract with a company for goods or services unless the contract contains a written verification from the company that it:

Does not engage in economic boycotts; and
Will not engage in economic boycotts during the term of the contract.

This comes about amid rising consumer pressure on firms over who they support politically, or who they choose to do business with. Think about the decision by major retail stores to stop selling My Pillow products, or the decision by Adidas to cut Kanye West’s shoe line loose after he made anti-Semitic statements.

From The Guardian:

“The new model legislation requires every “governmental entity”, which covers a wide array of bodies from state government to local police departments and public universities, to include a clause in contracts requiring businesses to pledge they “will not engage in economic boycotts”

For most of us, “free markets” means that businesses are free to make buying and selling decisions based on the information that’s relevant to their economic interests. But to enforce this Act, a state Attorney General can decide that the decision to, for example, divest the stock of an oil and gas company, is an ideological act.

What if it’s just not that good of a stock?

ALEC’s doublethink maintains that for free markets to remain free, it is sometimes necessary to restrict the freedom to make certain decisions based on criteria that an Attorney General can define as “ideological.”

Even if they are based on a sound economic rationale.

We knew all along that for the Right Wing, free doesn’t really mean free. These people are authoritarians who want to harness the powers of government for their own ends. And they’ll do whatever’s convenient to achieve those ends.

The Republican establishment is very much alive. ALEC is the right wing’s corporate gangsters in suits. In this case, it’s billionaires aligned with corrupt Republican politicians. They have purchased state and federal legislators to do their bidding. And it’s been going on for a very long time.

Let’s see what the Supreme Court does when one of these cases gets in front of them.

Time to wake up America! The hard right in America is unbelievably well-funded. ALEC is just one of the many ways that they are undermining what true “freedom” means.

To help you wake up, listen to Little Feat, that is, the Lowell George-led version of Little Feat, (not the several incarnations of newer bands using that name that have been working since Lowell died in 1979).

Here Lowell George does “Dixie Chicken”, recorded at London’s Rainbow Theater on August 3 & 4, 1977. It’s from the live album, “Waiting for Columbus”. If you don’t know this album, you should buy the 2002 Deluxe Edition CD. You will never be sorry. Don’t buy the version on Amazon, it only has 20 songs; the actual deluxe CD has 27.

WFC was recorded in London and in Washington DC. There were 4 dates in London and 3 in DC. Here it is:

That’s Bill Payne on the piano solo. Little Feat combines jazz, honkytonk, swing, ragtime and Dixie into one great song. Enjoy!

Monday Wake Up Call – November 14, 2022

The Daily Escape:

Bison at Grand Teton NP, WY – October 2022 photo by Kerry Key

As we peel the onion of the midterms we learned something from Massachusetts that’s worth thinking about:

“Massachusetts voters approved an amendment to the state constitution that will increase taxes on those earning more than $1 million a year…. The state’s constitution currently requires all income be taxed at uniform rates. The $1 million threshold will be adjusted each year to reflect cost-of-living increases.”

Fifty-two percent of voters approved the amendment which will add a 4% tax on annual incomes above $1 million, on top of the state’s current 5% flat income tax. It takes effect in 2023, and will fund public education, roads, bridges, and public transportation.

It’s expected the new tax will affect roughly 0.6% of Massachusetts households, according to an analysis from Tufts University. The new tax also applies to “one-time millionaires,” including people who make more than $1 million in taxable income from selling their homes or businesses. It’s estimated to bring in roughly $1.3 billion in revenue during fiscal 2023, according to Tufts.

Supporters applauded the new tax as a necessary step to address MA’s income inequality gap. The Economic Policy Institute ranks Massachusetts as the sixth-worst state in the country when it comes to income inequality.

It is true that the US is one of the most economically unequal nations in the developed world. Most of the income and wealth gains of the last decade have gone to the richest 0.1%—households with annual incomes of $2.4 million and wealth of at least $32 million.

So it isn’t surprising that a similar idea has floated around DC for some time. In October 2021, Biden introduced a “millionaire’s surtax,” bill that would raise taxes on all forms of income, including wages, capital gains, and dividends. It would have imposed a 5% tax on incomes above $10 million and an 8% tax on incomes above $25 million, raising $230 billion over 10 years from the wealthiest 0.02% of Americans.

Naturally, it didn’t pass.

So the effort moved to the states, with success in 2022 Massachusetts and failure in California, where its millionaire’s surtax was defeated, 59%-41%.

In some ways, the millionaire tax debate is emblematic of the nation’s deep political divide. Republicans everywhere only want to see taxes go down, and Democrats are seeking to raise them to fund long term problems like battling climate change and adding better infrastructure.

The GOP asks: If climate change is an existential issue affecting us all, does it make sense to address the issue by taxing only a handful of households? Your answer may be different from Wrongo’s who sees the question as a way to deflect the discussion into an endless loop of “whataboutism” regarding who pays taxes.

Republicans have refused to support carbon use taxes. They’ve refused to support cap-and-trade carbon taxes. Most of them deny that climate change is happening and refuse to pro-actively plan to moderate greenhouse gas emissions, here or anywhere else. So they aren’t engaging in a serious discussion when they ask the question.

Although efforts to raise taxes on millionaires have stalled in Washington, they haven’t gone away. That will happen if Republicans control the House in January 2023.

Time to wake up America! Deficits can grow to the sky at the national level but states have to balance their budgets yearly. That’s why some states are making the choice to raise taxes on millionaires, the very people who have gained the most in the past 50 years. Raising taxes is a must in most states for the remainder of this decade.

To help you wake up, watch, and listen to Molly Tuttle channel Grace Slick while covering the Jefferson Airplane’s “White Rabbit“. Tuttle was just named the International Bluegrass Music Association’s Guitar Player of the Year, so you’re seeing “White Rabbit” done as bluegrass, performed in October 2022 in Portland, ME:

Tuttle is an amazing performer. You can learn more about her here.

Monday Wake Up Call – Get Your Ass Out and Vote Edition, November 7, 2022

The Daily Escape:

Perkins Cove, Ogunquit, ME – November 2022 photo by Eric Storm Photography

We’re not going down without a fight. Both the Dem candidates and media outlets of all stripes are saying that the polls show fading hope for Democrats in the US House and Senate. But many of the polls, particularly those which present an average of other polls, have trouble accounting for a recent slew of Republican-aligned polls.

From The Economist: (emphasis by Wrongo)

“…what if polls are underestimating support for the Democrats? Many surveys published in the closing weeks of this midterm campaign have come from firms that are either explicitly affiliated with Republican clients or simply publish numbers that are favorable to the party—what pollsters call a “house effect”. According to our poll-of-polls in New Hampshire’s senate race, for example, all seven polls released since October 1st were conducted by firms that we think are publishing numbers that are overly favorable to Republicans.”

The Economist looks at the history of the polling entities. They mention one in particular:

“One example is Emerson College, a prominent firm that releases surveys of races all around the country. In elections from 2000 through 2020, our model finds Emerson College’s polls overestimated support for Republican candidates for office by one percentage point…”

Steve Shepard of Politico sees the same thing:

“How much of an influence are the Republican polls having? In New Hampshire, four of the last seven polls in the FiveThirtyEight average are from Republican firms. In Pennsylvania, it’s the three most recent polls, and six of the last nine. In Georgia, five of the last seven.”

Dan Pfeiffer says:

“…the math is clear – absent the partisan polls, the polling average looks a little better for Dems.”

Monday Wake Up Call – October 31, 2022

The Daily Escape:

Monument Valley rainstorm – October, 2022 photo by Martine Hubscher

Wrongo and Ms. Right are heading home to the land of disputed elections after a very fine week in London. We hadn’t been to England since 2019, and it was at least a little sad to learn that some of the local places near our hotel had succumbed to the pandemic. On the bright side, our favorite Indian place was open and thriving.

We can’t start Monday without acknowledging the death of Jerry Lee Lewis. He was the last one standing of the founding generation of rock ‘n rollers. Wrongo knows all of you are saying “But, what about Elvis”?

Early Elvis changed the world, but he died young and was already long past his peak when he did. Bill Haley, Chuck Berry, Little Richard, and Buddy Holly all exited before the Killer. None had his longevity. And that along with his talent is why he’s a greater artist than almost anyone of that generation of the major early rock stars. Some might quibble and say what about Sam Cooke? Or Dion?

As for Jerry Lee’s personal life, you know the story and it wasn’t good. He may be the ultimate example of differentiating between the art and the artist.

One wonderful and overlooked part of the Killer’s early career was an impromptu jam session involving Elvis Presley, Jerry Lee Lewis, Carl Perkins, and Johnny Cash made on December 4, 1956, at the Sun Record Studios in Memphis, Tennessee. An article about the session was published in the Memphis Press-Scimitar under the title “Million Dollar Quartet”.

A recording of the session was released in Europe in 1981 as The Million Dollar Quartet with 17 tracks. Subsequently, it inspired a musical called the “Million Dollar Quartet” that played on Broadway and in the West End. Both are closed now, but it does occasionally travel in the US. Wrongo loved it when he saw it. See it if you can.

Regarding the hammering attack on Paul Pelosi by a Right Wing MAGA fellow traveler, it should be seen as an assassination attempt on the highest ranking Democrat in Congress and the woman who is second in line of succession to the presidency.

CNN is reporting that the man who attacked Pelosi had with him a bag that contained multiple zip ties.

This is all part of a pattern. First there was the assassination plot against the Governor of Michigan. Then there was a violent insurrection on Jan. 6, the attempted coup. These were followed by assassination threats/plots against multiple Democratic members of Congress and the members of the Jan. 6 Committee.

Now, on the verge of a very important midterm election, the Speaker of the House’s husband is beaten. From Brian Kass an Atlantic contributor and an associate professor at University College London:

“This week, 3 men were convicted of trying to kidnap Gov. Whitmer, a man pleaded guilty to threatening Rep. Eric Swalwell, a right wing conspiracy theorist tried to murder Speaker Pelosi, shortly after Bannon, who called to behead Fauci, was sentenced to prison. This isn’t random.”

“There are dangerous people of all stripes. But Republicans, unlike Democrats, are actively encouraging violence, posing with guns in incendiary ads that speak of “hunting” opponents, or depict shooting actors who play Biden and Pelosi. Plus, there’s QAnon and the election lies.”

Still more: (emphasis by Wrongo)

“When a Supreme Court justice was threatened, Democrats didn’t just condemn it, they passed a law which Biden signed to give them more protection and security. This isn’t remotely a both sides thing. Which Biden adviser called to behead a public health official? Get real.”

Finally:

“Regardless, I fear that a) there will be assassinations; and b) political violence will be a routine feature of US political life, particularly around elections, for the foreseeable future. It’s a really dark place for our politics and it’s being caused, mostly, by Republicans.”

A Trump supporter attempted to assassinate a Congressional leader. That should be seismic political news. And yet, it’s just another news story. The growing awareness that we are no longer willing to settle policy disagreements with elections will dismantle the American experiment.

Time to wake up America! You only have a few days left to vote. You only have a few days to turn the tide on the MAGA movement. To help you wake up, listen to Jerry Lee do something you’ve probably haven’t heard.

Here’s “Me and Bobby McGee” a tune written by Kris Kristofferson and Fred Foster. It was originally performed by Roger Miller, but we all remember Janis Joplin’s cover of the song, recorded a few days before her death in October 1970.

In 1971, Jerry Lee took Kristofferson’s song and turned it into something only Jerry Lee could do:

Monday Wake Up Call – October 3, 2022

The Daily Escape:

Baxter Lake, Baxter State Park, ME – September 2022 photo by Laura Zamfirescu Photography

“We moved to a better neighborhood”. That’s the story of millions of Americans whose lives tracked toward success. In a way, that IS the American Dream, to escape from where you are to someplace better, safer, more upscale.

That version of the American Dream dovetails with our 21^st century desire to be isolated from other people. We order dinner from Doordash. We buy housewares from Amazon. We buy automobiles online to avoid talking to the manager at the dealer.

Many of Wrongo’s grandkids say that they hate people, meaning that they only wish to speak with their friends, and not to anyone who might be their customer.

So is alone in a better neighborhood now the American Dream? What about billionaires? They already live in the best neighborhoods. They have battalions of staff insulating them from the rest of us. Have you ever had a meeting with a multi-billionaire? It isn’t an easy thing to do. Over the years, Wrongo has worked for two of them, and they were perfectly fine individuals. But they were completely insulated.

And they made their money the old-fashioned way, inheriting it from their Robber Barron parents.

Today’s mega-rich have mostly found ways to extract value from consumers and businesses via software. Take a look at Bloomberg’s Billionaires Index. It’s a list dominated by people who have made money from the digital technology revolution.

And what are they doing with all this wealth? Many are quietly plotting their own survival against the world’s demise. Wrongo heard an interview with Douglas Rushkoff, author of “Survival of the Richest: Escape Fantasies of the Tech Billionaires”. Rushkoff is Professor at City University of NY, also a founder of the Laboratory for Digital Humanism, and a fellow at the Institute for the Future.

Rushkoff explained that billionaires worried about the end of the world know their money will likely be of little value. They’re thinking about political instability, social breakdown, and environmental catastrophe. A number of the world’s richest people are preparing for these events by building bunkers in New Zealand and in other remote locations. From Rushkoff:

“Most of these guys that we think are going to save us are actually wishing for the apocalypse. This is not just something that they fear. It’s something that at this point they’re ready to bring on.”

The book came from a meeting between Rushkoff and five billionaires at a desert resort. The topic? How to survive the catastrophe they know is coming. More from Rushkoff:

“And they spent the rest of the hour asking me really to…test their survival strategies…Do we go underground? Do I get an island?….What about space? And we ended up spending the majority of the hour on the single question, How do I maintain control of my security force after my money is worthless?…..because they’ve all got this money, they’ve…contracted Navy SEALs to come out to their compounds. But then they’re thinking, well, what do we do if our money’s worthless, then why are the Navy SEALs not just going to kill us and take all the stuff?”

Remember the back-yard bomb shelters of the 1950s: With that threat, how big would you want your bomb shelter to be? How luxurious and well-guarded? If the world were destroyed, you would try to live in that shelter full-time. Same thing with these billionaires.

Think about it: They want to use 21st century technology to revive a 13th century social order and impose it on the land and people who live around their protected fortresses. Missing from the plans of tech billionaires? Ideas to stop authoritarianism, decrease inequality, heal social divides, or slow climate change. Rushkoff explains:

“Even if we call them genius technologists, most of them were plucked from college when they were freshmen….They came up with some idea in their dorm room before they’d taken history, or economics, or ethics, or philosophy classes, and so they lack the wisdom needed to oversee their own perverse amounts of wealth.”

So maybe we shouldn’t rely on these guys to protect our future. In fact, Rushkoff says that these people who have the most power to change our current trajectory have no interest in doing so.

At this point in human history, making money is all that matters. In capitalist societies your worth is directly correlated to how much money you have. Everybody understands this. Billionaires are the most prominent symptom, but they aren’t the disease. Capitalism is the disease.

Time to wake up America! There is absolutely zero downside to relieving these people of a big slice of their wealth and putting it toward rehabbing our society. To help you wake up, watch, and listen to Carlos and Cindy Blackman Santana lead a Playing for Change global group of musicians in “Oye Como Va”:

Monday Wake Up Call – September 26, 2022

The Daily Escape:

Arches NP, UT – September 2022 photo by Nathan Smith

It can now take longer than 10 years for a typical first-time US home buyer to afford the down payment on a modest house, so says S&P Global in a July report (registration required). From the report:

“By fourth-quarter 2022, it will take 11.3 years for a first-time homebuyer with median income to save for a 10% down payment. It will take this homeowner 22.6 years to save for a 20% down payment. Both are over twice their pre-pandemic rates of five and 10.6 years, respectively.”

S&P estimates that with house prices rising so quickly, down payments are now twice the amount that they were before the pandemic. They also estimate that 60% of households could be priced out of the housing market by Q4 2025.

The NYT also is looking at the US housing market. They say that the US has a deepening housing crisis, including an acute shortage of:

“small, no-frills homes that would give a family new to the country or a young couple with student debt a foothold to build equity…”

Factors include land costs, costs of construction materials and government fees. The typical new home has grown in median size over the past 60 years, while the average number of people living in each home has declined:

These long-term trends were accelerated by the pandemic, which drove up demand for homes and house prices as people scattered, worked from home, and snapped up second residences.

Local policies are also driving this new reality. The Times reports that communities nationwide:

“…are far more prescriptive today than decades ago….Some ban vinyl siding. Others require two-car garages. Nearly all make it difficult to build the kind of home that could sell for $200,000 today,”

So, high prices due to high demand. High mortgage rates due to the FED clamping down on inflation. And cities and towns making it more difficult to build low-end homes. On top of that, investors bought about a quarter of all single family houses sold last year.

Wrongo grew up when homes were affordable for a one-salary family. His 1,400 sq.ft. “starter home” in a tidy NJ suburb (walk to take the NYC train to Wall Street) cost $28,000 in 1970. We sold it for $38,000 in 1976. Zillow estimates that it would sell today for $647,000, 23 times what it did in 1969! It’s unbelievable how high home values in that neighborhood have risen.

Also, home buyer expectations are higher today. If a home doesn’t have an open floor plan, three bathrooms and granite countertops, most young buyers think they are settling for much less than they want.

Owning a home has been a part of the American Dream, but it’s one of the three legs of that dream that are currently being killed: (1) High housing costs (2) Stagnant wages and (3) High health-care costs. When you add college debt to the mix, you have the makings of a revolution against the 21^st century’s form of capitalism.

Part of the American dream is for your kids to succeed. That starts with a good education in a school district that aligns with that goal. That can rule out most public schools in our larger cities. If young families can afford the costs of private schools in cities, they must be very well off.

The only way that most people can choose that kind of school is to look in the suburbs. Suburban school districts pay for their good schools with taxes on expensive homes. That means parents, and the local government all have a stake in keeping local property values as high as possible, thus the difficult zoning regulations that make houses larger.

But smaller homes are also desired by many retirees. People who are living out their golden years often want to “downsize” into an affordable small home, condo, or townhouse. Many of these developments are being built throughout America. They can be beautiful inside, but they are often attached or semi-attached boxes crammed together on land that was never supposed to be developed.

Time to wake up America! Today in most parts of the country there is hardly anything on the market for under $300,000. Not much that resembles the tidy starter home Wrongo purchased 52 years ago.

Affordable housing prices aren’t coming back without government intervention. America needs to look carefully at its housing policies along with how we have let financialization take over the housing market.

Financialization of housing refers to the increasing presence of corporations and organizations that are creating or using real estate management, mortgage processes, and financial instruments to profit-seek against individual homeowners.

To help you wake up listen to Buddy Guy perform “Gunsmoke Blues” along with Jason Isbell. The tune is highly relevant, and very powerful. It’s from Guy’s album ,“The Blues Don’t Lie” due out on September 30^th:

Lyrics:

Trouble down at the high school
Somebody got the gunsmoke blues
Trouble down at the high school
Somebody got the gunsmoke blues
Read it in the morning paper
Watch it on the evening news

…

Some folks blame the shooter
Other folks blame the gun
But that don’t stop the bullets
And more bloodshed to come
A million thoughts and prayers
Won’t bring back anyone

The Wrongologist

Geopolitics, Power and Political Economy

Category: Monday Wake Up Call

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