US Obesity & Stupidity: Barr, Pompeo & Trump

♠ Posted by Emmanuel in , at 12/28/2020 02:49:00 PM
Who's the fattest of them all? Everyone else's well-being may be victims of their brainless girth. [WARNING: In the spirit of Trump's disdain for political correctness, I am waiving it for this post, although the subjects here fully deserve the opprobrium they receive.] I do not need any encouragement to poke fun at American obesity since I've always considered it as part of US descent into, ah, fatheadedness. Prominent examples of US decline are its recent political class: Chicken Barr, Portly Pomepo and Plump Trump. These lard-assed eater-leaders exemplify current Americanness to the rest of the world--fat and obnoxiously...

The British Empire Died on 1 September 2020

♠ Posted by Emmanuel in at 12/14/2020 03:04:00 PM
The chief architect of British decline at "work". What marks the end of Britain's dominance in world affairs? That question has always been tied to that on British identity in the post-WWII era. To be sure, there are some who would say the ascent of the United States relative to the United Kingdom's fall rendered that debate moot a long time ago. (And many now question whether the US remains hegemonic, anyway.) Regardless, there have been bits of evidence to suggest how Britain still plays an outsized role in global affairs even after its numerous former territories--most notably India--became independent.  Prominent...

Trump's Losing War on ESG Investing

♠ Posted by Emmanuel in , at 12/06/2020 03:32:00 PM
Funds like this one from BlackRock's iShares now list ESG no-nos. Trumpists couldn't care less.The Trump administration is essentially a throwback to a time when white men ruled the world, burned fossil fuels with wild abandon, and were unapologetic about America's dodgy history concerning racism. So, it was perhaps inevitable that one of its last few efforts on the way out the door was to throw a middle finger to the very idea of environmental, social and governance [ESG] investing. You see, the US government manages any number of funds, including those of government employees for retirement. The Department of Labor...

Trump's Expanding PRC Blacklist: CNOOC, SMIC

♠ Posted by Emmanuel in , at 12/01/2020 06:59:00 PM
If you think Trump's 2020 electoral defeat at the hands of Joe Biden have slowed his anti-China instincts, then you are sadly mistaken. Given that Biden has historically been sanguine about free trade, his policies towards China are expected to be more moderate than the orange China-basher. To preempt Biden, therefore, the Trump administration is speeding up plans to blacklist even more state-owned companies over their Communist Party links. Reuters reports that China's largest energy company, CNOOC, and its largest chipmaker, SMIC. In reaction, their share prices declined significantly:The Department of Defense (DOD)...