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What Is Bitcoin Really Worth? Don't Even Ask

RealClearPolitics - 11 hours 35 min ago
Robert Schiller, New York Times
Bitcoin's price is supported by the animal spirits of those betting on it, not by economic fundamentals. No wonder the market has been chaotic.

In 'Darkest Hour,' Churchill Refuses to Bend the Knee

RealClearPolitics - 11 hours 35 min ago
John Kass, Chicago Tribune
Gary Oldman does justice to Winston Churchill and his indomitable will in 'Darkest Hour'

The 18 Days That Haunt Trump's Presidency

RealClearPolitics - 11 hours 35 min ago
Matt Ford, The Atlantic
NBC News reported on Monday that Mueller and his team are paying close attention to events between January 26, 2017, and February 13, 2017. That timespan stretches from the day Sally Yates, the acting attorney general at the time, notified the White House that then-National-Security Adviser Michael Flynn had made misleading statements to the FBI to Flynn’s resignation 18 days later.

The Effort to Take Down Trump Will End in Humiliation

RealClearPolitics - 11 hours 36 min ago
Conrad Black, New York Sun
In this season of frenzied liberal assault on the incumbent president and the almost uniform view of the long-standing bipartisan political elite of the United States that President Trump is a maniac, any falsehood about him or act of obstruction is justified in damaging his presidency, impairing his ability to govern, and bringing forward the swiftest possible return of the status quo ante-Trump.

Trump, the Media and the Imprecision of Language

RealClearPolitics - 11 hours 37 min ago
Carl M. Cannon, OC Register
In The Giver, Lois Lowry's 1993 novel about a post-apocalyptic future, a regimented social order has been created to protect citizens from suffering and strife. The elders in this utopian commuâ?¦

A War Trump Won

RealClearPolitics - 11 hours 37 min ago
Ross Douthat, New York Times
The defeat of the Islamic State is part of a surprisingly effective Middle East approach.

Cuba’s Castro and Russian oil executive meet in Havana

Top Reuters News - 11 hours 40 min ago
HAVANA (Reuters) - Cuban President Raul Castro and the head of Russian oil company Rosneft met in Havana on Saturday, the latest sign the two countries are readying a major energy agreement.

Twin suicide bombers attack church in Pakistan's Quetta ahead of Christmas, killing eight

Top Reuters News - 12 hours 46 min ago
QUETTA/ISLAMABAD (Reuters) - Two suicide bombers attacked a packed Catholic church in southwestern Pakistan on Sunday, killing at least eight people and wounding up to 45 before one of them blew himself up and police killed the other, officials said.

Amid rising numbers of Christians, Christmas market opens in Algiers

MiddleEasteye - 12 hours 52 min ago
Language Undefined

The number of Christians has been rising due to an influx of migrants from sub-Saharan countries

The Democrats’ Danger of Outrage Overload

Who What Why - 13 hours 57 min ago

On issue after issue, Americans reject the policies of President Donald Trump and his GOP cohorts in Congress. However, thanks to the Electoral College, shrewdly gerrymandered congressional districts, a distribution of Senate seats that favors small states that often elect Republicans, and deep-pocketed conservatives, the US has become a country in which what the majority wants has become irrelevant.

As a result, those opposing Trump see themselves confronted with an avalanche of legislation, nominees, regulations, executive orders and policies that they believe will do lasting harm to their country.

And while Trump promised his supporters that they would get “tired of winning,” as the president’s first year in office nears its end, his opponents are just tired.

The past week is a perfect illustration of what they are up against.

On Tuesday, Alabamians narrowly rejected the Senate bid of a man whose views have not been considered mainstream since the 1850s.

On Thursday, the Federal Communications Commission (FCC) handed cable providers the keys to the internet by rolling back so-called net neutrality rules. A recent poll showed that 83% of Americans oppose this plan, which is spearheaded by Ajit Pai — a former Verizon lawyer originally appointed by President Barack Obama and elevated to the FCC chairmanship by Trump in January.

Next week, Congress is slated to vote on — and approve — an unpopular tax cut that will primarily benefit large businesses and the wealthiest Americans while also putting in place a slew of other GOP goodies.

And this is just a 10-day stretch in the age of Trump.

His opponents call themselves “the resistance” but what they really need is persistence in the face of a tsunami of policies that aim to undo whatever gains have been made over the past decades to protect families, kids, workers, consumers and the environment.

Though they may not specifically support what Trump is doing, the president’s backers often seem to be satisfied that he leaves Democrats angry and frustrated.

Anti-Trump forces did book a win earlier this year when their phone calls and emails played a big role in preventing the rollback of the Affordable Care Act, which is also experiencing renewed popularity. But there are only so many times the troops can be mobilized before experiencing a type of “outrage fatigue,” especially if they get sidetracked by Trump’s tweets or meaningless sideshows.

And, of course, for the most part the Republican congressional majority, when it can put aside its own differences, seems to not care what voters think.

In the past, those opposing the GOP’s agenda might have hoped that the courts would provide some sort of judicial safety net. However, one area in which Trump has been effective is stacking the courts with ideologues. That in itself is a source of great frustration to the opposition because all but the most incompetent Trump nominees get a pass from the Senate and will sit on federal benches for years to come.

So where does that leave those experiencing outrage fatigue?

There is too much going on to fight on all fronts, especially because some of these battles cannot be won. That does not mean anti-Trump activists should stop calling Congress, comment on rulemakings, write letters to the editor, etc. But it does mean that their actions should be focused where they will do the most good.

The Alabama Senate race has shown that the only way to truly prevent Trump from pushing through his agenda is at the ballot box. Legislatively, everything will be more difficult for the GOP in 2018 because Roy Moore lost that race.

In the midterm election, the so-called resistance has to focus on putting up candidates who can win across the country — in national, state and local races — and providing them with the support that allows them to do so.

At the same time, opponents must mount a vigorous fight against further GOP efforts to suppress the vote. To win in 2018 and beyond, Democrats will have to overcome gerrymandered districts and attempts to keep core Democratic constituencies, such as minorities and young people, from casting their votes. In effect, they have to win big to win at all.

This, too, is illustrated by the Alabama special election. Doug Jones won the overall vote but only one of the state’s seven congressional districts. The reason is that these districts are drawn in a way that allows Democrats to win a tiny minority of them by a huge margin while Republicans win the rest by narrower but still comfortable margins and thus ensure that they have more representatives in Congress even if Democrats get more votes statewide.

That is precisely what Democrats are up against across the country and it is an obstacle that can only be overcome by turning out in massive numbers when it matters.

And that’s why Democrats can’t allow frustration about what is happening in Washington to sap the energy of the resistance. They have to keep their eye on the prize — which is to begin to change the power structure across the country on November 6, 2018.

The cartoon above was created by DonkeyHotey for WhoWhatWhy from these images: women’s hair (Deborah Austin / Flickr – CC BY 2.0), woman’s face (Pete / Flickr (CC BY-SA 2.0), man’s face (Paul Cross  / Flickr – CC BY 2.0), table (Mike Burns / Flickr (CC BY-SA 2.0), fist (KeithTyler / Wikimedia) and Resist art (resistsymbol.com).

The post The Democrats’ Danger of Outrage Overload appeared first on WhoWhatWhy.

Palestinian-Jordanian billionaire released from Saudi detention, sources say

MiddleEasteye - 14 hours 28 min ago
Language Undefined

Masri's arrest sent shockwaves through Jordan and the Palestinian territories, where he has invested billions

Seven years on: Tunisia's legacies of neglect

MiddleEasteye - 15 hours 14 min ago

One of the most significant structural threats to the post-revolutionary Tunisian state is its approach towards its economic origins

California winds fuel state's third-largest wildfire

Top Reuters News - 15 hours 28 min ago
(Reuters) - Strong winds that have powered the third-largest wildfire in California's history were expected on Sunday to further fuel a blaze that has burned 267,500 acres.

Gunmen kill five in attack on church in Pakistan's Quetta

Top Reuters News - 15 hours 59 min ago
QUETTA, Pakistan (Reuters) - Two suicide attackers opened fire inside a church in southwestern Pakistan on Sunday, killing at least five people and wounding up to 16 before being stopped by police guards, officials said.

U.S., Russian, Japanese crew blasts off for space station

Top Reuters News - 17 hours 18 min ago
(Reuters) - A trio of U.S. and Japanese astronauts and a Russian cosmonaut blasted off from Kazakhstan on Sunday for a two-day trip to the International Space Station, a NASA TV broadcast showed.

TheDailyGold Premium Update #548

TheDailyGold - 17 hours 23 min ago

TheDailyGold Premium Update #548 was published late Saturday evening.

The 24-page update included an updated report on one of our top holdings. It was one of our biggest winners of 2017 but has since corrected quite a bit. It is trading around a reasonable entry point. The people involved with this company rate as fantastic and their projects have significant potential. It has a current enterprise value barely above US $40 Million but the potential of two of its projects, individually speaking are 5x-7x that figure.

 

 

 

Second bitcoin futures debut could lure volume to wild market

Top Reuters News - 19 hours 33 min ago
NEW YORK (Reuters) - Bitcoin investors expect futures volumes to perk up when CME Group Inc, the world's largest derivatives exchange operator, launches its own contract to wager on the cryptocurrency on Sunday.

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