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Kevin Drum ๐Ÿ•ธ

Judge tosses Republican whining about Google spam filters

1 year ago
Ha ha ha: A federal judge on Thursday dismissed a Republican National Committee lawsuit alleging that Google’s email spam filters illegally suppressed their missives, dealing the campaign group a crushing blow in a lengthy battle that has riled conservative lawmakers in Washington. U.S. District Court Judge Daniel Calabretta wrote that while it was a “close ...continue reading "Judge tosses Republican whining about Google spam filters"
Kevin Drum

Picture of the day: Do you believe in climate change?

1 year ago
Last night at the Republican debate Martha MacCallum asked: "Do you believe human behavior is causing climate change? Raise your hand if you do." No one raised their hand. Luckily for all of them, Ron DeSantis immediately interrupted to pretend he was offended by the whole "raise your hand" trope, which got everyone off the ...continue reading "Picture of the day: Do you believe in climate change?"
Kevin Drum

How did Vivek Ramaswamy become a billionaire at age 38?

1 year ago
Here's a popular tweet making the rounds: How populist "entrepreneur" Vivek Ramaswamy got rich: 1. Found biotech firm with hedge fund/venture capital $ 2. Buy patent for Alzheimer's drug that had failed 4 trials, raise more $ to take to market 3. Take company public, cash out 4. Drug fails 5th trial, investors wiped out. ...continue reading "How did Vivek Ramaswamy become a billionaire at age 38?"
Kevin Drum

US fossil fuel production has skyrocketed over the past 20 years

1 year ago
There was a lot of blather at the Republican debate last night about the need to supercharge our energy production, all of it centered on fossil fuels. (For some reason Republicans have no apparent interest in supercharging any other type of energy production.) This makes me think that a lot of people don't realize just ...continue reading "US fossil fuel production has skyrocketed over the past 20 years"
Kevin Drum

Raw data: Top 20 counties for wage growth in Q1

1 year ago
Here are the counties that saw the biggest average pay increases in 2023: Clayton County, a suburb of Atlanta, is some kind of weird outlier with 18% real wage growth since last year. I have no idea why. After that, everything looks fairly normal with no special geographic focus.
Kevin Drum

Lunchtime Photo

1 year ago
This is the 405-105 interchange near LAX. I've posted this photo before, and the only real difference is that I kept this one in color instead of desaturating it to black-and-white.¹ You wouldn't think that would matter much since it's not a colorful picture in the first place, but it does change the feel and ...continue reading "Lunchtime Photo"
Kevin Drum

FISA reform now a hostage of right-wing conspiracy theories

1 year ago
Politico reports today on the strange partnership between progressives and hard right-wingers who don't want to reauthorize FISA Section 702, which has been routinely and massively abused in the past to spy on Americans. Until recently, the two sides mainly wanted to reform Section 702 so that the FBI requires a warrant before it's allowed ...continue reading "FISA reform now a hostage of right-wing conspiracy theories"
Kevin Drum

The House Freedom Caucus is eager to shut down the government

1 year ago
The House Freedom Caucus has issued its demands for the upcoming FY24 budget year: We remain committed to restoring the true FY 2022 topline spending level of $1.471 trillion without the use of gimmicks or reallocated rescissions to return the bureaucracy to its pre-COVID size while allowing for adequate defense funding. Right off the top, ...continue reading "The House Freedom Caucus is eager to shut down the government"
Kevin Drum

Lunchtime Photo

1 year ago
This is a bearded iris growing in the Canadian WWII cemetery in Bény-sur-Mer. The cemetery is near Juno Beach, about ten miles north of Caen in Normandy. The stark background of the flower is not due to any kind of photoshopping. It was growing against a white gravestone, and in the sunlight it was bright ...continue reading "Lunchtime Photo"
Kevin Drum

The yield curve remains strongly inverted. This is bad news for the economy.

1 year ago
For what it's worth, here's a chart showing the latest on the inverted yield curve, a condition where the yield on long-term bonds is lower than the yield on short-term bonds: As you can see, the inverted yield has a perfect track record of predicting recessions over the past 50 years. However, it takes 1-2 ...continue reading "The yield curve remains strongly inverted. This is bad news for the economy."
Kevin Drum