Links for 2/27/20

Links for 2/27/20
The common belief in the Sanders political revolution is that they are democratic socialists. This is not really the case. Democratic Socialism's main feature is centralized planning in partnership with the industrial and/or financial sector. Sanders offers social democracy. A better cage within capitalism, aka free stuff for Millenials.

The original team of rivals led us to the Johnson impeachment. Friedman over estimates the power of the show horses in the Cabinet. It is the Deputy Secretaries, under the direction of the White House Deputy Chief of Staff that actually run (or under Trump, fail to run) the Executive Branch.

Trump's approval rating is the least of his worries. He has to suspect that the Court will rule for Cy Vance. He will lose all of his toys. As for the market, it is an indicator of asset inflation, not real investment. Rookie mistake.

Money did not save John Connolly from defeat and a $6 million delegate when that was real money. Campaigns end when the media stops covering you. We will know who is out in a week.

Schumer should have been less of an ideologue before the impeachment. Converting four Republicans by promising no electoral opposition would have gotten Bolton's testimony rather than turning a constitutional crisis into a cheap political stunt.

The born alive bill is a stunt as well. Extraordinary measures can never be required under law. That would be both unconstitutional and against Catholic doctrine. The bishops have prostituted themselves to the Republican Party (again).