On September 11th, New York City watched in horror as a symbol of America’s intertwined economic and political power collapsed. Of course I refer to Hillary Clinton, who left a memorial ceremony at the World Trade Center yesterday and was subsequently diagnosed with dehydration and pneumonia. During the 90 minutes or so the Democratic nominee spent in the Flatiron apartment of her daughter, Chelsea Clinton, various onlookers gathered outside. One of them was Martin Shkreli, who livestreamed himself shouting “why are you so sick?” and “are you alive?” for about two hours. After Clinton left, Shkreli told the Daily News, “Chelsea Clinton does not live in that apartment. That apartment is an advanced medical facility.” He appeared to be lying.
Author: Dan Brooks
Friday links! Seeing double edition
One of the best features of American politics used to be its reliability. I’m not saying it ran well, but at least you knew what the parts did. Democrats tried to increase social services and tax rich people to pay for them. Republicans tried to invade the Middle East and lower taxes to pay for it. The shouting pundits, flacks posing as reporters, vampire consultants and party hacks all shook out along recognizable strategic and political lines. Then 2016 happened. Today is Friday, and the old verities no longer apply. Won’t you try to tell the players without a scorecard with me?
Home prices make Missoula a great place to charge other people to live
The median price of a home in beautiful Missoula, Montana has gone up $53,000 since 2011 and now sits at a quarter million dollars. Meanwhile, median household income holds steady at $47,029. On a 20-year mortgage, the median household must pay 38 percent of its income to live in the median house. On a 30-year mortgage, they pay almost exactly 30 percent. Renters, whose median incomes are much lower, can put 30 percent toward mortgage payments and get a $145,935 loan. There are currently 25 homes listed on Missoula Trulia below that price. Eight of them are auctions.
Missoula has a housing shortage, and it’s working on a permanent underclass. Now that home prices have reached a record high despite low wages, Missoula has become the perfect place to charge other people to live. Whether you sell your house to Californians or put it on our four-percent-vacancy rental market, you’ll find there’s no better place to own a home you don’t live in.
If you insist on living in your house, the all-time high property taxes that happen to coincide with all-time-high home values and all-time-same wages make the deal less sweet. But we can’t have everything. In fact most of us can have very little, and houses aren’t on the list. You can read all about it in this week’s column for the Missoula Independent, which has already won me free attacks on my character from realtors. I’ll match honesties with any motherfucker in a red jacket, anytime.
Close Reading: Donald Trump on cybersecurity
Alert reader/covert breeder John Smick sent me this passage from the transcript of a New York Times interview with Donald Trump. The story that emerged from that interview, in July, focused on his now-infamous refusal to commit to defending NATO allies. But he also had this to say about the importance of cybersecurity:
But certainly cyber has to be a, you know, certainly cyber has to be in our thought process, very strongly in our thought process. Inconceivable that, inconceivable the power of cyber. But as you say, you can take out, you can take out, you can make countries nonfunctioning with a strong use of cyber.
The management would like to remind you that this man is 70 years old. Close reading after the jump.
United States reserves the right to launch nuclear first strike
One of the central propositions of the Obama presidency, along with closing Guantanamo Bay and shooting Osama Bin Laden in the face, was to reduce the role of nuclear weapons in US foreign policy. In both Prague in 2009 and Hiroshima in May, the president called for “a world without nuclear weapons.” Until that world is ours, though, the United States reserves the right to nuke first and ask questions later, presumably while pouring water over a rag stuffed in your mouth. The Times reports today that national security advisors have convinced the president to abandon plans to foreswear first use of nuclear weapons in combat. As of today, but also as of 1945, you don’t have to nuke the US for the US to nuke you.





