Great Again

JM Ashby
Written by JM Ashby

(Cartoonist - Nick Anderson)

In other news, John Bolton's lawyers say the former national security adviser knows details about Trump's corrupt dealings in Ukraine that lawmakers don't know about yet. Curious.

Meanwhile, pay and compensation for non-executive directors at American firms has reached a new all-time record high. Must be nice!

Finally, the Federal Reserve will soon include climate change in financial risk assessments according to Fed Governor Lael Brainard and San Francisco Fed President Mary Daly.

“Climate change is an issue we can’t afford to ignore,” San Francisco Fed President Mary Daly said at the start of the conference, a day that also marked the one-year anniversary of a fire 150 miles north of San Francisco that killed 85 people and destroyed 14,000 homes, a conflagration blamed in part on climate change. “This is not a hypothetical risk of the future...the risks are here, we have to deal with them.”

The Fed, Brainard said, will need to look at how to keep banks and the financial system resilient amid risks from extreme weather, higher temperatures, rising sea levels and other effects of the accumulation of greenhouse gases in the atmosphere.

And increasingly, she said, “it will be important for the Federal Reserve to take into account the effects of climate change and associated policies in setting monetary policy to achieve our objectives of maximum employment and price stability.”

It's amazing that climate change isn't already included in risk assessments given that it poses a risk to literally everything.

Programming note... Monday is a federal holiday and we'll be back in action here on Tuesday. Are you a veteran? Do you have veterans in your family? The veterans in my family are all deceased, but I still think about them every year.

  • Aynwrong

    I don’t assume that the professional diplomats that are coming forward as witnesses regarding Trump’s demand that Ukraine conduct a sham investigation into Biden and his son are Dems or liberals. Some are probably lifelong Republicans. It’s interesting to me that these professionals that we’ve never heard of prior to this are all willing to put their responsibility to the country ahead of all other interests including their own comfort and even safety yet the high profile names, yet the political appointees, the heads of agencies, show nothing but subservience to an ideological agenda and venal self interest.

    It’s almost like there’s something wrong with the GOP itself.

  • muselet

    My dad served in the Army in WWII. He only brought up his service once in a great while, mostly to laugh about some of the absurd things that happened to and around him.

    After he passed away, I did a (very) little research and it turns out he probably saw more action than he let on. Maybe I’ll dig deeper sometime, but for now I’m content to believe his stories.

    And I’ll spend a part of Monday at the cemetery, communing with the spirit of the man.