1. Ben Rhodes’s comment dismissing the concerns of former political prisoners and US hostages in Iran regarding Rob Malley’s potential appointment as Iran envoy is deeply unprofessional and offensive. As my own story illustrates, not everything is about partisan DC politics.
I think Joe Biden should pick his Iran envoy, not Tom Cotton and a bunch of cheerleaders for MBS and American authoritarianism. Elections have consequences.
— Ben Rhodes (@brhodes) January 22, 2021
https://t.co/KptDxI3gf0
More from Biden
In the campaign, Biden said he would not approve new fracking permits on federal lands. But he would allow existing fracking to continue on federal property and existing and new fracking to continue on private land. .... https://t.co/EDVj7RQdFs
— Glenn Kessler (@GlennKesslerWP) January 26, 2021
The economy is bleeding, and the Biden administration's response is to cripple one of the few industries that has been consistently employing people throughout this crisis.
But, his allies in the media don't want him to take that PR hit, so they run cover and play word games. Biden's exact words were "We are not going to ban fracking. Period." The "Period." there would imply that ANY ban is off the table.
If you are going to prohibit via executive order - which is nothing more than a law passed outside of the normal legislative process - anything, you are "legally" prohibiting it. There are legal consequences to violating that regulation.
So yes, definitionally, Biden has "legally prohibited" fracking in some way, shape, or form, which is the opposite of his campaign statements.
In other words, he lied.
Biden will have two options:
— Sahil Kapur (@sahilkapur) January 23, 2021
1. Cut the price tag sharply to court GOP support.
2. Use reconciliation to do what he can with 50 votes\u2014some stuff has to go, like $15 wage.
(A 3rd option is nuke the filibuster but @PressSec says he doesn\u2019t favor that.)https://t.co/AV49BcmDaI
This👇is the danger. By using reconciliation you’re conceding the point that major legislation deserves to pass by majority vote, but only certain kinds for arbitrary reasons. Plus the process itself is opaque and ugly. You risk laying a logistical & political trap for yourself.
Obvious answer is 2b where you tie yourself in knots trying to go nuclear lite and totally lose the plot in the process
— Liam Donovan (@LPDonovan) January 23, 2021
All the “here’s what you can do through reconciliation” takes are correct but also look through the wrong end of the telescope. Any of the items mentioned, or a small number of them, would be relatively easy. But putting them all together in one leadership-driven mega package...
... with no committee involvement and no real oversight, enduring tough press for jamming a massive package through a close process and stories about lobbyist giveaways while dodging the adverse parliamentary rulings that are virtually inevitable and still maintaining 50 votes...
It’s possible! Maybe the mega-ness of the package ends up helping hold 50 votes. But the ugliness of the process is being underpriced. And to what end? You’re just delaying the inevitable since you can’t use it for civil rights nor can you allow civil rights to die by filibuster.
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Ironies of Luck https://t.co/5BPWGbAxFi
— Morgan Housel (@morganhousel) March 14, 2018
"Luck is the flip side of risk. They are mirrored cousins, driven by the same thing: You are one person in a 7 billion player game, and the accidental impact of other people\u2019s actions can be more consequential than your own."
I’ve always felt that the luckiest people I know had a talent for recognizing circumstances, not of their own making, that were conducive to a favorable outcome and their ability to quickly take advantage of them.
In other words, dumb luck was just that, it required no awareness on the person’s part, whereas “smart” luck involved awareness followed by action before the circumstances changed.
So, was I “lucky” to be born when I was—nothing I had any control over—and that I came of age just as huge databases and computers were advancing to the point where I could use those tools to write “What Works on Wall Street?” Absolutely.
Was I lucky to start my stock market investments near the peak of interest rates which allowed me to spend the majority of my adult life in a falling rate environment? Yup.