1. The hot take that "D's need to learn to talk to the other side of the electorate" is absolutely the WRONG take.
I mean my god. Biden, Lincoln, the outside groups: they threw the best persuasion messaging in the history of persuasion campaigns at them.
What Ds need to do is
More from Rachel "The Doc" Bitecofer 📈🔭🍌
Does anyone in DC have an actual plan that would get the American middle class back on its feet and elevate many more of the poor into the middle class? I mean besides trickle down economics, which has been shown to be a joke?
— John Frost (@JohnFrost) December 30, 2020
2. much none relying on just "regular order." Although the Ds spent almost a year trying w the ACA before giving up & using a procedural trick in the end. Keep in mind, McConnell changed the operation of senate so that all bills, ALL, had to reach 60 vote threshold in the senate
3. That was a MASSIVE change to the legislative filibuster (a massive abuse of it). It creates a super majority requirement for laws that the Framers didn't design. And given the issue of misrepresentation the senate, which is causing a Tyranny of the Minority, its really shut
4. down the federal lawmaking apparatus. If Ds flip these 2 GA senate seats, the legislative filibuster will be right back in the spotlight bc McConnell will use it to lockdown Biden's legislative agenda. And we'll have to see how Biden responds. I agree that Biden needs to give
5. McConnell an opp to change his behavior, but if he doesn't Biden will have to go w EOs or ending the legislative filibuster. Either that, or getting nothing done. The GOP will seek to do to him what they did to Obama- use control of the senate OR the filibuster to prevent
A lot of conversations today among Republican senators over move by @HawleyMO to challenge the certification of Biden\u2019s Electoral College victory. Small groups of Rs were huddling on & off the floor trying to game out the politics of what will happen Jan. 6
— John Bresnahan (@bresreports) January 1, 2021
2. to hedge off these threats will also create fissures & fractures for these incumbents among other elements of their party that could complicate their renominations. Indeed, what worries me the most about the potential for the country to slip into @anneapplebaum territory is
3. that what should be robust and intense push back from the party establishment against actually ending democracy- bc that's what Trump's request would do, if it was granted, is fairly muted. What we SHOULD be seeing from the mainstream of the party is threats to strip committee
4. assignments, chairs, privileges, even reelection funds, if anyone gets involved in this bullshit- in the House & the Senate, and the fact that you don't see it is more than a story of McConnell & McCarthy being afraid of Trump & his base. Its a story of receptivity, of the
5. level of receptivity the congressional and party leadership is dealing with both within the rank and file membership of the party and within its donor class, and THAT, my friends, is why you find me so concerned. That, and my decision to finally pull @anneapplebaum's book
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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.