We Can’t Give Up Hope

The Daily Escape:

First snow, Great Balsam Mountains, Canton, NC – October 2023 photo by Brandon Montgomery

“To hope is to risk frustration. Therefore, make up your mind to risk frustration.”Thomas Merton

Everyone’s talking about Hamas, the Gaza hospital and Jim Jordan. Wrongo is certain to write more about those issues, but today, let’s talk about two polls that seem to be telling us a lot about what Americans are feeling right now.

First, the survey by Pew Research “Americans’ Dismal Views of the Nation’s Politics” confirms that millions of Americans are feeling so exhausted and depressed by American politics that they are disengaging from it just when its important to fully engage. Some highlights:

  • 65% of respondents describe themselves as “exhausted” when thinking about politics.
  • 55% say they are “angry” about American politics.
  • Only 4% say politics makes them feel hopeful.
  • Pew also asked people to describe American politics in one word. The second most common description was “corrupt”—behind the first-place finisher, “divisive.”

Here’s the tag cloud from Pew:

Notice that  there aren’t any positive words that made the cut from the responses. From Robert Hubbell:

“It is no wonder that people want to disengage and look away. Exhaustion is the point of MAGA extremism.”

Hubbell goes on to point out that Republicans turn every issue into an attack:

“Impeach Trump? We’ll impeach Joe Biden, Merrick Garland, Jack Smith, Alejandro Mayorkas, and Christopher Wray.

Indict Trump? We’ll indict Hunter Biden, Hillary Clinton, Nancy Pelosi, and Joe Biden.

Protect Americans from a deadly virus? We’ll undermine trust in science.

Fight human-caused climate change? We will make it illegal to discuss climate change in the classroom.”

These responses are part of a mind game designed to make Democrats and Independents give up and go away. But his great idea is this:

“We have one job: To endure, to abide, to keep the faith until this moment of reactionary extremism subsides. If we can do that, we will leave to our heirs a healthier, stronger democracy.”

John Dean Also wrote about this:

“…I was thinking about how Barack Obama won the presidency in 2008. The first thing that came to mind was his iconic poster with his image and the word “HOPE.” That differentiated Obama from his Democratic party competitors…and his Republican rival, John McCain. Obama embraced hope and the future, and he won.”

Some people attribute the negative messages offered by current candidates to the fact that today’s world is troubled. But as Dean points out, the world was also deeply troubled in 2008 and only Obama was offering hope. He won two terms.

More from Dean:

“The challenges facing America today are enormous. At the top of the list is solving climate change. When asked if we can address climate change and reduce the existential risk that climate change represents, I want a candidate who answers, “Yes, we can.”

Then there are the wars in Ukraine and Israel that many Republicans wish would disappear. The solution for some Republicans is for America to sit these wars out. But US engagement in Ukraine, Israel, and Taiwan is about keeping the flame of freedom alive. Putin and Hamas need to be stopped if liberty and democracy are to have a chance.

Dean closes thusly:

“I remain hopeful that hope is not dead. Can the American people give up the current orgy of hate and blame and start working for a brighter future? Yes, we can.”

Turning to the second poll, from the University of Virginia’s Center for Politics shows an intensely divided country in which partisan rancor has grown so deep that many Americans support authoritarian or unconstitutional proposals. Here’s the percentage of respondents that back radical ideas:

  • A majority of both Biden (70%) and Trump (68%) voters believed electing officials from the opposite party would result in lasting harm to the US.
  • Roughly half (52% Biden voters, 47% Trump voters) viewed those who supported the other party as threats to the American way of life.
  • About 40% of both groups (41% Biden voters, 38% Trump voters) believe that the other side had become so extreme that it is acceptable to use violence to prevent them from achieving their goals.
  • 30% of Trump supporters and 25% of Biden supporters are for suspending elections in times of crisis.

The poll also finds Biden leading Trump 52% to 48% in the 2024 horse race. You can view the details here.

So how do we (or can we?) turn the ship around? Dan Peiffer offers some thoughts:

  1. Can Democrats run on saving democracy when people are so down on our political system? The explanation for our success in 2022 is that Democrats upended expectations by centering the election on the threat Republicans posed to democracy….Democrats are again planning to make saving democracy a central part of the 2024 campaign….we must factor these polls’ distrust and disillusionment into our messaging — otherwise, we will become the defenders of a broken, corrupt political system.
  2. How should we talk about Democratic accomplishments? The primary explanation for Biden’s high levels of disapproval on economic issues is that voters are unaware of his major accomplishments. And therefore, educating them about those accomplishments is a strategic priority. Talking about these accomplishments must start from a place that acknowledges the high level of distrust in the federal government.
  3. What’s the best message against Trump? Given the close election, it’s fair to say that the Democrats’ anti-Trump message was not as effective as we thought it would be in 2020. And in this moment when the public is livid at politicians, we have to be careful not to inadvertently help Trump with a message that makes him seem even more like an anti-politician.

We’re all exhausted. The system IS corrupt. Politicians lie to get elected. They get in Congress and forget the constituents that voted for them. The system needs reform, but the reform we are moving toward (autocracy) isn’t the right answer.

It seems that the hill we’re climbing keeps getting steeper. We are all tired, but we must continue the fight.

We have one job: To resist until we subdue this moment of reactionary extremism.

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Homeschoolers Want Your Tax Dollars

The Daily Escape:

Rich Mountain Fire Tower, Marshall, NC – August 2023 photo by Michael Morris. This photo has a painterly quality to it.

Americans’ interest in homeschooling has soared in recent years. Migrating from mainstream education to homeschooling tracks with the rising fears among parents that schools are failing their children.

For parents frustrated with their child’s public school education, the pandemic provided another reason to give homeschooling a try. Homeschooling has become a significant element in education in the US. According to the National Home Education Research Institute (NHERI), there are 3.7 million homeschooled students in the US, about 6.7% of the school-age children in K-12. The popularity of homeschooling is growing rapidly, with an annual growth rate of 10.1% between 2016 and 2021.

Home schooling is legal in all 50 states, with the highest number of homeschoolers in North Carolina, Florida, and Georgia. About 10% of states have strict laws regulating homeschooling: New York, Vermont, Rhode Island, Massachusetts, and Pennsylvania. Another 18 states have no to low regulation, while 11 states provide complete freedom to parents regarding homeschooling. In New Jersey, parents do not have to let anyone know about their decision to homeschool their children. They don’t even have to produce any kind of proof at any time, explaining that their kids were homeschooled. Here’s a view of homeschooling regulation in the US:

Source: HSLDA

In many states, there is little oversight of homeschooling. And for many, what regulations do exist were adopted in the 1980s, when homeschooling was almost exclusively provided by a family member at home. Now, with the number of homeschool students soaring, much of the educating is now being provided by third parties.

The WaPo reports that there is an emergence of “microschools” provided by for-profit companies, such as Prenda which provide online courses and syllabi to the microschools. Last year, Prenda served about 2,000 students across several states by connecting homeschool families with microschools that host students, often but not exclusively in homes. The local educator is called a “guide” for students who study math and reading online while depending on the “guide” for other subjects. Families pay Prenda $2,199 per year, plus additional fees set by the guides, which can range from $2,800 to $8,000 per child although there is often a multi-child discount.

Many similar options to Prenda are transforming home schooling in America. More from WaPo:

“Demand is surging: Hundreds of thousands of children have begun homeschooling in the last three years, an unprecedented spike that generated a huge new market. In New Hampshire, for instance, the number of homeschoolers doubled during the pandemic, and even today it remains 40% above pre-covid totals.”

More:

“For many years, homeschooling has conjured images of parents and children working together at the kitchen table. The new world of homeschooling often looks very different: pods, co-ops, microschools and hybrid schools, often outside the home, as well as real-time and recorded virtual instruction. For a growing number of students, education now exists somewhere on a continuum between school and home, in person and online, professional and amateur.”

Still more:

“Microschools sometimes provide all-day supervision, allowing parents to work full time while sending their children to “home school.” Hybrid schools let students split their days between school and home. Co-ops, once entirely parent run, might employ a professional educator.”

All of this is adding to the conundrum of how K-12 education is financed in the US. The WaPo says that about a dozen states allow families to use taxpayer funds for home-school expenses. Education Savings Accounts, or ESAs, direct thousands of dollars to families that opt out of public school, whether the destination is a private school or their own homes.

Nonprofits, including school-choice advocates, are directing millions of dollars in charitable giving toward homeschool organizations, linking two powerful but traditionally separate movements into one interest group that seeks to move taxpayer money away from the local public school system into private hands.

In the past, homeschoolers and school-choice activists didn’t see themselves as aligned. The latter group wanted taxpayer money to pay for charter, private and religious schools, whereas homeschoolers looked to limit any government involvement.

But since the pandemic, they found themselves in common cause. Historically, homeschool advocates have been wary of any government money or involvement, for fear it would lead to rules and regulations.

But many school-choice advocates incorporate support for homeschoolers into their advocacy work, including for school vouchers that give these families tax dollars to pay education costs. Where they used to be a defensive constituency, today they have become partners.

And venture capitalists have invested tens of millions of dollars in new businesses to serve what they see as a growing, and potentially huge market. One entrant is Outschool, an online marketplace for classes, which has raised $255 million since 2015. This year, Outschool has delivered 500,000 live learning sessions to more than 150,000 students globally.

WaPo says Prenda has raised about $45 million. Primer, another microschool company formed to serve homeschoolers, has raised about $19 million, though its campuses are becoming more like tiny private schools, an example of the fuzzy line between traditional and home schooling. WaPo spoke to Michael Moe, founder of GSV, a venture capital firm in the Silicon Valley, who has invested in several education technology start-ups: (brackets by Wrongo)

“The mega trend of [school] choice is wildly important to us…All these shifts create opportunities for companies providing solutions that allow parents and communities to take more control of the learning.”

That’s “venture capitalspeak” for more privatizing of the commons in search of higher financial returns.

Vouchers that once paid only for tuition at private and parochial school can now, in some places, be used for homeschoolers. Most sweeping are Education Savings Accounts, or ESAs, which allow families to claim state tax dollars to use at their own discretion for any education expense.

This increasingly means taxpayer money is following the student out of the public school. It flows to whatever a family chooses. That can include things like Prenda’s fees, online classes or home-school curriculum, as well as tuition at private schools.

In Detroit, a program called Engaged Detroit , is a cooperative that’s part of a network specifically to serve Black families looking for schooling options in response to the pandemic. Among Engaged Detroit’s backers is the VELA Education Fund, which has made more than 2,400 grants totaling more than $28 million since 2019. VELA’s primary funders are longtime advocates for school choice: the Walton Family Foundation and the Charles Koch foundation, Stand Together.

There are pluses and minuses to homeschooling. There are situations where it’s appropriate to homeschool, but the loose oversight and lack of expertise might mean that some homeschooled kids are going to be at risk. When parents say they don’t trust the trained/educated teachers in their public school, but instead want their kids to get the viewpoints of only one or two specific people, the kids are entering a small world. Later in life, they’ll have to adjust to a larger reality.

Wrongo is fully aware of the weaknesses of our public school systems. It’s possible that SOME of these small private schools that they say are “home schools”, are teaching those kids better than some public schools do. So Wrongo is ok if kids learn there. But there should be no problem with requiring these kids to take end-of-year minimum standards tests, proving that they learned the base-level material in each subject.

Without some testing, society has no idea if these kids learned anything. The lack of oversight, particularly in those situations where taxpayer money was diverted to homeschooling, seems well—Wrong.

The literature is clear: Some homeschooled children have attended Ivy League schools and won national spelling bees. Some have also been the victims of child abuse. Some are taught using the classics of ancient Greece, others with Nazi propaganda.

Many parents say home education empowers them to withdraw from schools that fail their children. Or they want to provide instruction that better reflects their personal values. But should the rest of us pay for those individual decisions?

Time to wake up America! Homeschooling may offer certain advantages, but also comes with a set of disadvantages that should also be considered. And it’s clear that those who would privatize K-12 education want to take funding from the public school systems wherever they can.

To help you wake up, listen to Steely Dan’s “My Old School” from their 1973 album “Countdown to Ecstasy”. Steely Dan always used outside musicians, and on the record, they had the late Skunk Baxter on guitar and four (!) saxophones. But Steely Dan didn’t like to tour. Today, we’re going to see a rare video of a Steely Dan live performance on “The Midnight Special” where Skunk had a blistering solo for the song’s finale:

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Rural Hospitals Are No Longer Providing Maternity Care

The Daily Escape:

Perseid meteor shower, from Mt. Evans, CO – August 13, 2023 photo by Paul Blais Photography

Welcome to our Saturday Soother, but first, Wrongo intends to spin you up before eventually letting you slow down.

There’s a crisis in rural healthcare in America. Rural hospitals are closing at a rapid rate. Our county (Litchfield) in Connecticut has one of three remaining hospitals that are designated as rural in the state (Sharon Hospital).

A problem for rural hospitals is that many are closing down their labor and delivery services in order to try and remain economically viable. WSHU, a CT-based NPR affiliate, has covered the impact of these closures to Connecticut. They quote Peiyin Hung, a researcher on maternal and rural health at the University of South Carolina:

“My team has been tracking nationwide, hospital-based obstetric unit closures since 2008 up to 2022,…. Almost 300 hospitals closed their OB units.”

WSHU points out that more than 60% of those closures were in rural areas. Why are so many hospital groups moving away from delivering babies in rural locations?

WSHU quotes Dr. Robert Roose, chief medical officer at Johnson Memorial, a hospital in rural Stafford Springs, CT that closed its obstetric unit. He said that it’s a safety issue. Hospitals with fewer than 200 deliveries a year, like Johnson Memorial, are considered low-volume birthing centers:

“There is a clear and critically important correlation between volume and quality of services provided when it pertains to labor and delivery and maternity care…”.

Three years ago, Hartford HealthCare’s Windham Hospital in Willimantic, CT stopped delivering babies, citing the same concern.

Also, malpractice insurance rates go up for low birth-volume hospitals because insurers feel the risk is higher if doctors aren’t getting sufficient practice with birthing. Hung says another problem is the level of reimbursement:

“Medicaid…pays half as much on average [as] private insurance pays for labor and delivery across the country”.

That’s important because about four in 10 of all Connecticut deliveries are covered by Medicaid. Simply put, delivering babies doesn’t pencil out for many rural hospitals.

There are other factors: Rural America’s demographics skew older. Young families in general prefer living in the suburbs or exurban areas. Couple that with America’s lower birth rate and rural hospitals really can’t maintain the birthing volume they need to remain economically viable.

The Center for Healthcare Quality and Payment Reform, (CHQPR) a Pittsburg-based health policy group published “A Crisis in Rural Maternity Care in the United States” which shows the problem:

“Fewer than half (45%) of the rural hospitals in the US currently offer labor and delivery services, and in 9 states, less than one-third do. Over the past decade, more than 200 rural hospitals across the country have stopped delivering babies”.

More:

“Hundreds of additional communities are at risk of losing maternity care because of the financial challenges rural hospitals are facing….More than 1/3 of the rural hospitals that still have labor & delivery services have been losing money on patient services, so their ability to continue delivering maternity care is at risk.”

CHQPR reports that more than half of small rural maternity care hospitals lost money in 2021-22.

They suggest that a primary reason rural hospitals are losing money is that private insurance plans pay them less than what it costs to deliver many of the services they offer patients, not only maternity care. They point out that while rural hospitals are losing money on uninsured patients and Medicaid patients, the losses from private payers have the biggest impact on their overall profit margins.

CHQPR suggests that a potential solution is to require that health insurance payments actually cover the cost of rural maternity care. With more than 40% of births (on average) in rural communities paid for by private health plans, having the private insurers pay more would help keep rural maternity care viable:

“Payment amounts must be higher in communities that have difficulty attracting staff, and payments must also be higher in communities with smaller numbers of births to ensure that revenues cover the fixed costs.”

This means that the fee-for-service model isn’t working in low-volume hospitals. Rural hospitals are only paid when they actually provide a service, but a small hospital has proportionally higher overheads than larger hospitals, since they must be staffed and ready to deliver a baby at all times, even if there are no deliveries at all. Read CHQPR’s report “A Better Way to Pay Rural Hospitals”.

Back to Connecticut, Sharon Hospital has proposed closing its labor and delivery unit. There will be a public hearing to consider the closure later this year. But Sharon is about an hour from its affiliated hospital (Danbury Hospital) that has a fully-staffed labor and delivery facility. Sharon may actually be closer to two other unaffiliated hospitals in New York state than it is to its own parent facility.

It’s now time for our Saturday Soother. Litchfield County is having beautiful weather this weekend. We’re taking advantage of it by going to a live Baroque music concert, and possibly heading off to the annual fair in a local town.

To help you relax and zone out from all of the Trump indictment analysis, grab a chair outside in the shade and watch and listen to “Gortoz a Ran” (I’m Waiting) sung by Denez Prigent and Lisa Gerrard. The language in the song is Breton, spoken in Brittany, France. It is closely related to Cornish and Welsh, and all three are Celtic tongues. When the Angles, Saxons and Jutes invaded Britain in the fifth century (400-500 AD), many of the Britons in Cornwall, Devon, and the West Country fled across the English Channel to France. Because of the influx of Britons, the region became known as Brittany.

Most of the images in the video are of Scotland, England, Wales, and Brittany. Lisa Gerrard isn’t singing in any language; she’s just vocalizing. The Uilleann pipes, an Irish instrument, are heard at 3:50:

Lyrics: English Translation

I was waiting, waiting for a long time
In the dark shadow of grey towers
In the dark shadow of grey towers

In the dark shadow of rain towers
You will see me waiting forever
You will see me waiting forever

One day it will come back
Over the lands, over the seas

The blue wind will return
And take back with it my wounded heart

I will be pulled away by its breath
Far away in the stream, wherever it wishes

Wherever it wishes, far away from this world
Between the sea and the stars

The song describes waiting, possibly forever: Aren’t we all waiting? What are we waiting for? For whom are we waiting? Happy Saturday!

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Four Indictments, 91 Counts

The Daily Escape:

Sunrise at Laite Beach, Camden, ME – August 2023 photo by Daniel F. Dishner

There’s plenty of good reporting and bad punditry out of Georgia. So Wrongo, as in the past, will limit what is said about it here. From the NYT’s Peter Baker: (emphasis by Wrongo)

“…most Americans made up their minds about Mr. Trump long before prosecutors like Fani T. Willis or Jack Smith weighed in, polls have shown. He is, depending on the perspective, a serial lawbreaker finally being brought to justice or a victim of persecution by partisans intent on keeping him out of office.

Republicans will continue to rationalize Trump’s criminal behavior. Their main talking point today is that the Democratic Party is part of a giant deep state cabal working to take down Trump. It is the Dems, not the Donald who are guilty of election interference. And what about the Biden Family Crime Syndicate?

The courts are finally treating Trump as the career criminal he’s always been. And many pundits are shaking their heads, saying that the shock to the American political system is going to be extreme because Republicans are angry.

What the pundits and the wingnuts don’t understand is that the rest of us are angry too. We’re livid that this cancer of a person has evaded justice after what he did post-the 2020 election. We’re enraged that his goons desecrated the Capitol. Finally, we nearly stroked out once we realized that after trying to overthrow our duly elected government, Trump and cronies seemed to get away with it.

And we plan to vote in historic numbers.

Republicans think they are the only side that feels passionately about Jan 6, but that is a huge mistake. Many Americans are angry that justice hasn’t been done. One foundational tenet of the MAGA movement is its southern anti-DC attitude. But Trump has in essence been saying to Georgians that they screwed up. That Georgians held a fraudulent election. It seems highly unlikely that framing will play well with a Fulton County jury. (Although it will only take one MAGA jury member to create a mistrial.)

A few other thoughts: The sooner journalists stop pretending that Republicans care about holding other Republicans accountable, the quicker we can move on to saving our democracy. Most mainstream journalists miss the moment because of their inbred need to show both sides of an argument. It was Jonathan Foster formerly of Sheffield University who said:

“If one person says it’s raining and another says it’s not, a journalist’s job isn’t to report that disagreement, but rather to look out the window.”

America’s journalists should heed Foster’s advice.

Finally, the importance of the Georgia case is that Trump can never pardon himself if he’s found guilty in Georgia. In fact, Georgia’s governor doesn’t have that authority. From the Atlanta Journal Constitution: (emphasis by Wrongo)

“Unlike the federal cases, which could be dismissed by a future Republican president, Georgia’s pardon process is in the hands of an independent board, not the governor. Under the state’s rules, a person needs to wait five years after they serve any prison sentences before they can be considered for a pardon.”

What kind of person holds on to a lie and builds a scaffold of dishonesty around it? At any point in Trump’s Big Lie, from voter fraud to conspiracy, Trump could have said, “I lost fair and square, and I’ll get him next time”. Many in his Party in Georgia did just that. But Trump pushed on. The Senate could have convicted him at a time when the Capitol was in a damaged hulk. That also could have spared the country where we are today. But most Senate Republicans couldn’t find the courage.

Another tragedy is the enduring distrust of and lost faith in those America’s institutions that still function, if tenuously, today. Whether Trump wins or loses these cases, or whether he wins the White House again, this damage will take decades to undo.

We have zero control over what happens next in the various courtrooms. We have no influence over the juries who will weigh the evidence. Whatever the result, it will be divisive. But we won’t heal unless we lance the boil. Yes that means Wrongo is saying that Trump is a festering abscess poisoning our nation.

We need open, transparent trials, with public records of all witnesses and evidence. No one should argue for pardoning Trump because they’re afraid of his insurrectionist allies.

Trump and America deserve REAL trials, with REAL sentences. And we can move forward from there.

We were wrong to pardon Nixon. We let other Republicans (like Reagan and Bush Sr.) slide based on a wrong-headed sense of respect for the office, setting a bad precedent. It encouraged later Republican presidents to think they could rely on magnanimity when none was deserved.

Nail the crooks, starting with Trump.

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Cartoons + Memorial Day Weekend

(There won’t be a Monday Wake Up column this week. Wrongo will return on Wednesday, May 31.)

Memorial Day, Arlington National Cemetery – 2013 photo by William Coyle

Monday will be Memorial Day, when we honor the sacrifice of those who died fighting in America’s wars. We mourn those we knew, and we pause briefly to remember those we never knew. The American public’s job is to say, “thank you for your service”. Saying it has become a reflex, like “bless you” when someone sneezes. Our default position is to thank, but not to think. For most of us, America’s foreign wars are a kind of elevator music. Always present, but we barely notice it.

Maybe we watch our town’s parade, or shop at the mall. There’s likely to be a cookout. It isn’t about love of country. It’s about sad Facebook emojis, Memorial Day mattress sales, and burgers on Monday. On to cartoons.

The old man remembers the soldier:

RIP Tina Turner:

More:

Requiring a clean Debt Ceiling dies as Biden negotiates with Freedom Caucus:

A handy reminder:

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Saturday Soother – May 20, 2023

The Daily Escape:

Daffodils, Laurel Ridge, Litchfield CT – May 2023 photo by Dave King

The oil industry enjoys special economic status in the US. That is demonstrated by the tax breaks and outright subsidies we give them. Hannah Dunlevy notes that:

“In 2020, the explicit and implicit fossil fuel subsidies cost the United States $662 billion, around $2,006 per capita. Cutting just two tax breaks for the fossil fuel industry — the intangible drilling costs subsidy and the percentage depletion tax break — could generate $17.9 billion in government revenue over ten years, according to Congress’s non-partisan Joint Committee on Taxation.”

Biden’s fiscal year 2024 budget proposed cutting some of tax subsidies for oil and gas companies, which would save the US $31 billion over ten years. It will probably not survive the current Debt Ceiling and budget discussions.

One hidden subsidy that the oil industry enjoys is when wells are no longer productive – they are idled. If it’s no longer profitable to return idled wells to production, they need to be plugged. And the cost of plugging a well can be $100,000 or more.

The problem is that when wells start to decline, they are sold by Big Oil to smaller producers. When the well is sold, the plugging and cleanup liability passes to the new buyer. And often, the new buyer simply walks away from the uneconomic well, creating what the industry calls “orphaned wells”. But if a company doesn’t plug its wells before walking away, the cleanup costs will ultimately fall to taxpayers and current operators.

This has already happened with thousands of wells in California and may happen to millions more across the country. Pro Publica reports that there are more than two million unplugged oil wells scattered across the US. California is just the tip of the iceberg.

Petroleum reservoir engineer Dwayne Purvis laid out the reality at a recent conference. His research shows that more than 90% of the country’s unplugged wells are either idle or minimally producing and unlikely to make a comeback.

California is the canary in a coal mine. Shell and ExxonMobil recently agreed to sell more than 23,000 California wells which they owned through a joint venture, to a German asset management group IKAV for an estimated $4 billion. This means that a subsidiary of IKAV now owns about a quarter of California’s oil and gas production, largely in Kern and Ventura counties.

This ownership shift moves the subsequent environmental liability from Big Oil powerhouses to firms with smaller capitalization, increasing the risk that aging wells will be left orphaned, unplugged and leaking oil, brine and methane. For California and other states, this could repeat what was seen in coal mining, which led to taxpayers bearing all of the cleanup costs.

The oil industry has created layers of LLCs that are used to screen Big Oil from the dirty end of the oil business, like responsibility for cleaning up the messes that they make. And these firms can easily declare bankruptcy rather than pay for cleaning up orphan or idle wells.

ProPublica reports on an analysis by Carbon Tracker Initiative, a financial think tank that used the California regulators’ draft methodology for calculating the costs associated with plugging oil and gas wells and decommissioning them along with their related infrastructure.

The cost categories included plugging wells, dismantling surface infrastructure and decontaminating polluted drilling sites. That would cost California about $13.2 billion. Adding inflation and the price of decommissioning miles of pipeline could bring the total cleanup bill to $21.5 billion.

Meanwhile, Purvis estimates that California oil and gas production will earn only about $6.3 billion in future profits over the remaining course of operations; nowhere near sufficient to pay for the cleanup, even if those profits could be captured by the state.

That’s just California. These costs are what economists call “Externalities”. An externality is an indirect cost (or benefit) to a party (taxpayers) that arises as an effect of another party’s (Oil Companies) economic activity. The problem is that the price of their product doesn’t include the externalities. That means there is a gap between the profit of these corporations and the aggregate loss to society as a whole.

Republicans have a tried and true solution for this problem. Taxpayers pay the bills. We’re back to the “privatize profit, socialize the losses” game that corporations have played forever. Maybe the correct terminology should be socialism for the rich.

They prefer to call it keeping government off the backs of job creators.

Time to let go of California’s messy problem and find a few minutes to center ourselves before next week which will bring either financial Armageddon, or a diminished Biden. At the Fields of Wrong, we had a freeze last Wednesday that caused us to cover the newly planted vegetables and bring the Meyer Lemon tree indoors. Spring in Connecticut can always show up with a backtracking nod towards winter.

But on this rainy Saturday, grab a chair by a big window and listen to Debussy’s “Nuages” (‘Clouds’) from his “Trois Nocturnes”. Leopold Stokowski and the Philadelphia Orchestra made the first American recording of Debussy’s “Three Nocturnes” for a 1950 LP.

Here is the first “Nocturne”, a musical impression of slow-moving clouds:

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Saturday Soother – May 6, 2023

The Daily Escape:

Mt. Adams sunrise with orchards in bloom, WA – May 2023 photo by Mitch Schreiber Photography

(Wrongo and Ms. Right give a group hug to family member Bob W. His mother has a grave health crisis. We’re thinking of you Bob.)

There’s a book called “A Terrible Country” written in 2018 by Keith Gessen. It’s about life in Russia a few years before Russia became a pariah in Europe. But the title could easily describe the US in 2023. If you doubt that, maybe you aren’t aware of the video of a NYC subway rider choking a homeless man to death last week. The video lasts for four minutes.

The NYT describes the video:

“The homeless man, Jordan Neely, is seen writhing, trying to get free from the arms and legs of the other subway riders who are pinning him down. As the minutes tick by early Monday afternoon on a northbound F train in Manhattan, Mr. Neely visibly weakens as the arm wrapped around his neck stays tight.”

After he stops moving, the riders hold him down for about another 50 seconds. Neely was later pronounced dead at a nearby hospital. Jordan Neely was homeless. He was a Michael Jackson impersonator. Neely’s race (Black) and that of his killer (White) are a depressingly familiar story. What’s different is that his assailant wasn’t a cop and didn’t use a gun.

What’s also familiar is that the assailant has not been charged by the NYPD.

What’s also disturbing is that the subway car held bystanders most of whom remained bystanders, watching a former Marine choke the life out of Neely for (apparently) behaving erratically.

After the fact, we learned that Neely had more than 40 arrests including an open warrant for punching a 67 old woman. No one should portray him as simply a misunderstood soul. But did he deserve to die in that subway car?

If you’ve been paying attention, you know that there’s been news nearly every day about Americans being killed over mundane, mostly non-threatening actions, or for being in the wrong place at the wrong time.

The NYT’s Roxanne Gay:

“We are at something of an impasse. The list of things that can get you killed in public is expanding every single day. Whether it’s mass shootings or police brutality or random acts of violence, it only takes running into one scared man to have the worst and likely last day of your life. We can’t even agree on right and wrong anymore.”

How did the country get this way? Why is there so much fear and paranoia about the “other”? Why do select elements of our society cultivate this fear by marketing it?

Neely’s killing is partly an outcome of the relentless political rhetoric that has contributed to the public’s false beliefs about actual crime levels in America’s cities. And NYC’s Mayor and NY’s Governor wouldn’t even condemn the killer. Elizabeth Bruenig writes in The Atlantic:

“This process, through which mundane uncomfortable situations are transformed into terrifying ordeals by…incidents of random gun violence…is one means by which a healthy community becomes a violent society. Nobody looks forward to encountering people behaving erratically on the subway…but killing a mentally ill man on a train….represents the loss of a peaceful commons, the absence of compassion, and the overwhelming fear we have come to accept in our culture of violence. This is the country we have become.”

Yep, we’ve become a terrible country. Back to Roxanne Gay:

“There is no patience for simple mistakes or room for addressing how bigotry colors even the most innocuous interactions. There is no regard for due process. People who deem themselves judge, jury and executioner walk among us, and we have no real way of knowing when they will turn on us.”

And on Thursday, four of the Proud Boys, among paranoia’s finest, were convicted of committing vigilante justice against our democracy. Let’s leave the final words to Gay, who says we’ve become:

“…a people without empathy, without any respect for the sanctity of life unless it’s our own…”

Or fetuses.

Time for Wrongo to wash up after digging in this cultural dirt. It’s time for our Saturday Soother where we try to forget about whose drones hit the Kremlin, and try to center ourselves before another demanding week begins,

Here at the Mansion of Wrong, Wrongo and Ms. Right are spending the weekend in NYC seeing two musicals.

But as a public service to the rest of you, grab a seat outdoors on what looks like a beautiful day in the northeast. Now watch and listen to Erzsébet Pozsgai play the first movement of “Spring” from the “Four Seasons” by Antonio Vivaldi on solo violin, live in Budapest in 2013:

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Late Stage Capitalism

The Daily Escape:

A 20 feet x 9 feet sign placed in Times Square, NYC in Sept. 2013. Created by Steve Lambert.

In yesterday’s column about Bed Bath and Beyond’s (BBBY) bankruptcy, Wrongo used the term “Late Stage Capitalism” to describe some of the factors that led to the firm’s demise. Several readers asked what Wrongo meant.

First, some history. A German economist named Werner Sombart seems to have been the first to use the term “Late Capitalism” around the turn of the 20th century. A Marxist theorist named Ernest Mandel popularized it in the 1960s. For Mandel, “late capitalism” described the economic period that started with the end of World War II and ended in the early 1970s, a time that saw the rise of multinational corporations, mass communication, and international finance.

In America the terms “Late Capitalism” and “Late Stage Capitalism” are used interchangeably. Late-stage capitalism is characterized by greed, corruption, and a focus on profits over people.

The current crisis of capitalism’s legitimacy stems from business pursuing the aberrant form of capitalism known as shareholder capitalism, which began in the 1970s. It causes firms to seek maximizing shareholder value as reflected in the current share price, at the expense of all other stakeholders and society.

Some of the problems with late-stage capitalism include wealth inequality, environmental destruction, and financialization. Financialization refers to the increase in size and importance of a country’s financial sector relative to its overall economy. In the US, the size of the financial sector as a percentage of GDP grew from 2.8% in 1950 to 21% in 2019. The financial services industry, with its emphasis on short-term profits, has played a major role in the decline of manufacturing in the US. Financialization has created “unproductive” capitalism. According to economist Michael Roberts: (brackets by Wrongo)

“…financialization is now mainly used as a term to categorize a completely new stage in capitalism, in which profits mainly come not from…production, but from financial [engineering]

Today, capitalism is no longer the heart of a free market. Algorithms run the stock and foreign exchange markets. Large players in these markets operate freely with the expectation that they will eventually be caught. They then pay off the DOJ or SEC, chalking up the fines to the cost of doing business.

Lobbyists on Capitol Hill curry favor with politicians. Companies then receive substantial tax breaks and move their ever larger profits to offshore tax havens. The revolving door between Wall Street and the banking sector allows former Federal Reserve Chairs to charge speaking fees of $500,000 and earn seats on the boards of the algorithmic trading firms. The Pentagon continues to benefit from budgetary increases while the profits of Boeing, Lockheed Martin, and other defense contractors continue to swell.

Late stage capitalism helped create the current distortion of wealth. From the wealthy one percent living in multiple homes and flying private, to the plight of the working poor in America. In a 2020 survey by Edelman, a marketing and public relations firm, 57% of people worldwide said that:

“capitalism as it exists today does more harm than good in the world”

When you have money, capitalism is your wing man. It opens doors to business leaders and helps develop political influence, all with the goal of amassing more wealth and power.

Late stage capitalism has allowed oligopolies and the oligarchs that run them, to rig the system in their favor. They’ve won Supreme Court cases, such as Citizens United v. FEC (2010), that give corporations the same speech rights as people, allowing them to spend millions on political ads to elect compliant politicians.

In recent years, capitalism’s shortcomings have become more apparent: Prioritizing short-term profits has sometimes meant that the long-term well-being of society and the environment has lost out. Indeed, if you judge by measures such as inequality and environmental damage, as economists Michael Jacobs and Mariana Mazzucato wrote in their book “Rethinking Capitalism”:

“…the performance of Western capitalism in recent decades has been deeply problematic…”

There’s also no denying that this strain of capitalism has led to increased economic growth worldwide, while lifting a significant number of people out of poverty. At the same time, its tenets of lowering taxes and deregulating business has done little to support investment in public services, such as crumbling public infrastructure, improving education and mitigating health risks.

Watch Paul Tudor Jones, a successful hedge fund manager describe why we need to rethink capitalism:

He’s concerned about capitalism’s laser focus on profits. He says that it’s:

“….threatening the very underpinnings of society.”

More people are aware of the term “late, or late-stage capitalism,” due to the growing wealth gap. People now have access to information that exposes the defects of capitalism, and the effects of political and elitist interference in the monetary policy of a country. There is a popular Reddit community devoted to it.

And calling something “late” implies the potential for significant change or revolution, A “late” period always comes near the end of something. Calling it “Late capitalism” says:

“…This is a stage we’re going to come out of at some point…”

Perhaps we’re on the cusp of society dictating that capitalism provide us with a more equitable way of life. Or maybe the wealth gap will continue to grow, and the corporations will continue to seize more power.

Whenever late-stage capitalism eventually comes to an end, you can be sure of one thing – it won’t be a soft landing.

 

Sources and reading list:

https://wrongologist.com/2023/04/bed-bath-and-beyond-another-retailer-bites-the-dust/

https://en.wikipedia.org/wiki/Werner_Sombart

https://www.theatlantic.com/business/archive/2017/05/late-capitalism/524943/

https://www.investopedia.com/terms/f/financialization.asp

https://www.linkedin.com/in/prof-michael-r-roberts/

https://www.fec.gov/legal-resources/court-cases/citizens-united-v-fec/

https://www.wiley.com/en-gb/Rethinking+Capitalism%3A+Economics+and+Policy+for+Sustainable+and+Inclusive+Growth-p-9781119120957

https://www.bbc.com/future/article/20210525-why-the-next-stage-of-capitalism-is-coming

https://www.edelman.com/sites/g/files/aatuss191/files/2020-01/2020%20Edelman%20Trust%20Barometer%20Global%20Report.pdf

https://www.reddit.com/r/LateStageCapitalism/

Alternative Views:

https://tomdehnel.com/crushing-the-myth-of-late-stage-capitalism/

https://www.nytimes.com/2023/04/20/opinion/american-capitalism-good.html

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My Way Or The Highway

The Daily Escape:

Azalea gardens at the Biltmore, Asheville NC – April 2023 photo by Sherry Maddock

We all know that the US is staring down a series of domestic threats to American democracy. Here’s a short list: Corruption on the Supreme Court, fundamental rights being lost via Supreme Court decisions, and voting rights being on the ballot in many states. Then there’s the question of whether any high level politician will ever be held to account for the Jan. 6, 2021 coup attempt.

These threats require that we convince every voter to turn out in 2024. Even so, surprisingly the presidential race in 2024 could be very close.

All of this could be undermined by the plans of the emerging political party called No Labels. They are gathering signatures to get on the presidential ballot in all 50 states in 2024, while recruiting both Democrats and Republicans to run as a bipartisan ticket. The WaPo reports that the group has already gained ballot access in Arizona, Colorado, Alaska and Oregon. Apparently, they are backed by shadowy donors who have provided them with $70 million in seed money.

Former Connecticut Sen. Joe Lieberman is associated with No Labels. Other names often mentioned as possible No Labels candidates are Sens. Joe Manchin (D-WVA), Kirsten Sinema (I-AZ), Susan Collins (R-ME), and former Republican Governor of Maryland, Larry Hogan.

Here we go again. Another centrist third party effort to create a “unity” ticket that supposedly appeals to those Americans who say they want to end the partisan bickering in Washington. This year, it’s No Labels who are trying to throw a big monkey wrench onto our Electoral College map. If they are successful, it could possibly send Trump back to another term in Washington.

All in the name of unity, of course.

Lieberman is acutely aware of the impact third-party bids can have on presidential elections. He ran as Gore’s VP candidate in 2000, when the Democratic campaign fell 537 Florida votes short of an Electoral College victory. That year, Ralph Nader, the Green Party nominee, won more than 97,000 Florida votes.

It might be useful for Lieberman et al to remember that in the 2016 presidential election, Jill Stein got 50,000 votes in Michigan, allowing Trump to win Michigan by 14,000 votes. Ross Perot in 1992 arguably shifted the race to Bill Clinton.

The No Labels website specifically describes itself as an “insurance policy against a Trump-Biden rematch.” From Larry Hogan:

“The vast majority of people in America are not happy with the direction of the country and they don’t want to see either Joe Biden or Donald Trump as president.”

Hasn’t Biden worked productively with Republicans to pass a broad array of bipartisan legislation? His main partisan domestic initiative was essentially written by Manchin, who now wants a larger voice with No Labels.

First, it seems bizarre for No Labels to equate Biden with Trump. Comparing the two when Trump is under indictment in NY and likely to be indicted in several more cases, after having incited an insurrection is crazy. What’s Biden’s crime? Not paying off porn stars?

Second, why is a group dedicated to promoting moderate, bipartisan legislation working against a president who has actually accomplished just that? Jonathan Chait in NY Magazine reports that No Labels’:

“…own polling suggests its candidacy would serve as a spoiler on behalf of Republicans. In December, it found an unnamed moderate third-party candidate would win just 20% of the vote, against 33% for Trump and 28% for Biden.”

This result seems completely logical given Biden’s greater reliance on moderate voters than Trump. But still they persist. For Wrongo, you only needed to say “Joe Lieberman” to convey that this organization is wrong-headed on its face. When politically marginal people like Lieberman and Manchin are interested in a new political organization, you know they’re looking for a way to insert themselves more deeply into our politics, despite how little actual support they have.

They’re willing to cause great harm for an outside shot at real power.

We need to understand that political centrism isn’t the halfway point between today’s median Democrat and today’s median Republican. Biden has governed basically as a 21st Century centrist; otherwise, the left of his Party wouldn’t be so frustrated with him. The No Label people need to realize that there’s already a perfectly good moderate Party in America, and it’s called the Democratic Party.

The No Label centrists seem to be living in some kind of dream world where the Electoral College isn’t closely divided and today’s political stakes aren’t monumental.

This is a vanity political project that could easily lead to a political disaster. Let’s hope it fizzles like most centrist third party bids have done in the past.

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Saturday Soother – March 11, 2023

The Daily Escape:

Sunset, Santa Elena Canyon, Big Bend NP, TX – March 2023 photo by Rick A. Ludwig. Cliff on left is in Mexico, the one on the right is in US. The Rio Grande is in the middle.

Signs that we’re starting to think about the 2024 election are everywhere. Wrongo wants to connect a few dots regarding Biden’s recent efforts to move the Democratic Party more to the middle on crime and immigration while staying left on financing the country’s social and military needs.

Biden proposed a budget to reduce the deficit, protect Medicare and Social Security, and raise taxes on wealthy individuals and corporations. From the NYT:

“In a speech in Philadelphia on Thursday, Mr. Biden said that his budget was designed to ‘lift the burden on hard working Americans’ and drew sharp contrasts with the proposals that Republicans have offered, which the president argued would threaten the nation’s social safety net programs and benefit the rich.”

This contrasts with Biden’s right-leaning position on the recent DC crime bill. Since DC is controlled by the Congress, it’s legislation can be vetoed by the US Senate. Also from the NYT:

“The Senate…voted overwhelmingly to block a new District of Columbia criminal code that reduces mandatory minimum sentences for some violent offenses, with Democrats bowing to Republican pressure to take a hard line on crime in a move that underscored the rising political potency of the issue ahead of the 2024 elections.”

By an 81-to-14 vote, with 31 Democrats voting with the Republicans, the Senate passed the Republican-written measure to undo the District’s law. It now goes to Biden, who after initially opposing it abruptly changed course and said he would sign it.

So, Biden’s tacking left on spending but to the center-right on crime. He’s making a series of calculated moves to position his Party to compete successfully in 2024. Still, it’s disappointing that Biden and 31 Democrats joined with the Right to deny DC residents the right to govern their own city.

But this shouldn’t be surprising. Last year, Biden and the Democrats turned their backs on labor during their contract battle with the railroads.

Here’s Nick Catoggio in the Dispatch: (Brackets by Wrongo)

“[Biden has]…begun to tiptoe toward the center lately on another major Democratic liability, immigration…..Centrist analysts…have warned Biden and his Party that their political viability depends on escaping the…“cultural bubble” in which an unsecured border is treated as a civic good.”

And last week Biden changed his immigration policy. He’s requiring asylum seekers to seek refuge in nations they pass through rather than waiting to do so in the US.

These new policies bring Biden closer to public opinion. Among Democrats, a plurality want to see the number of asylum applicants increased rather than reduced. Among the overall public, it’s the opposite. Biden is tilting toward the latter.

Biden wants to be seen as strong on crime. Democrats walk a fine line of being against crime but not wanting to wholly support the police. Doing that would risk looking anti-Black in cities that are so important to their political success. Dems support compassionate justice and not retributive justice, so they get tied up in knots when violent crime increases, which is rising in America. The problem of course is that the descriptor “violent” isn’t consistently applied.

Biden’s idea is to try to win more votes from people who are not fanatic MAGA types. That means picking off White suburban voters, Asian voters and Hispanic and Black voters, all of whom are concerned about crime.

Tom Sullivan points out that while the moderate-to-conservative White population is in slow decline, their votes remain significant, and that Democrats shouldn’t ignore them over the next two years:

“Sadly, Democrats often do. Campaigning in concentrated urban areas that tend to vote your way is simply easier and more cost-effective. What it means for largely rural states like North Carolina is that while it remains possible to elect a Democrat like Roy Cooper as governor, Democrats’ urban focus bequeaths him a Republican-dominated legislature…”

Sullivan says the Democrats need to start acting like the big-tent party that they used to be.

And that’s what Biden is attempting to do.

Time to say “enough” to war-gaming the 2024 election. It’s time for our Saturday Soother. The daffodils have sprung through the snow, a sure sign of spring. We turn back the clocks tomorrow night, another win for those who hate dark days.

So, it’s time to take a few minutes to center yourself. Start by sitting in a comfy chair and watch and listen to Lili Boulanger’s “D’un matin de Printemps” (On a spring morning). She wrote this piece in 1917 when she was 23. Boulanger battled bronchial pneumonia throughout her short life, dying a year later at age 24. Here, it is played by the Seattle Symphony conducted by Cristian Măcelaru.

Listen and think about her writing this during the darkest days of her life:

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