DL Open Thread: Mon., May 11, 2020

How Conspiracy Theory Led To Funding Cut For Effective Pandemic Research.  From 60 Minutes.  Only in this administration could the conspiratorial ramblings of Rethug whack-job Matt Gaetz take precedence over,…

Delaware News Guild & Biden Blackout

REV talks with Natalia Alamdari about local news coverage of the Reade story on his podcast. I'm not buying into the Reade story, so I suppose I am taking part in the "stonewalling". I will say this though. Biden is definitely guilty of being an old white guy.

RIP: Little Richard

He really was one-of-a-kind.  As described in this NYTimes obit: Rock ’n’ roll was an unabashedly macho music in its early days, but Little Richard, who had performed in drag…

The Fed can’t hold back the stock market collapse forever

Read this from Atrios, then join be below for a chat:
I got nothin' I suppose I really don't. It's a horrible situation and even the supposed "good guys" at the federal level, who don't run things entirely but who aren't entirely powerless, have shown no signs of having any sense of the catastrophe that is unfolding. "No one" panics unless stonks are tanking, and the Fed is making sure that doesn't happen. As long as "the market" is happy, rich people are happy, "everybody" is happy.
Ok, up to a point. The Fed has a couple of tools in its toolbox. It can slash interest rates down to zero thereby allowing companies to borrow money for free (and use that money for (a) building factories and employing people...or (b) dividends!! Huzzah!). The Fed could also print money. Thereby forcing Jeff Bezos to build a bigger money warehouse. Anyway, the Fed's hocus-pocus can only keep the DJIA happy for so long because eventually the listed companies will have to sell something of value to actual customers who are both (a) not dead, and (b) not broke. Both "a" and "b" need to be in place for any actual value to be built in the markets. Everything else is just accounting. It is just a matter of time until we get to see Larry Kudlow have an on screen, spastic, frothing at the mouth, breakdown.

Why don’t we have enough PPE supplies?

The short answer is that we don't have PPE supplies (N95 Masks, Face Shields, Booties, Gloves, Gowns, Disinfectant Wipes, Thermometers) because we don't make them in America anymore. The slightly longer is that we don't have them because in the 1970's and 1980's American manufactures decided they could increase their company's share price by closing factories in Ohio and Michigan and offshoring manufacturing to Mexico, China, Indonesia, Vietnam and wherever labor protections don't exist and child labor is a fact of life. Share Price Uber Alles!

Most Punchable-Faced Republican Senator

Thanks to everyone who helped determine that Trump lickspittle Ron DeSantis of Florida has the most punchable face among America's Republican governors. Condolences to Georgia's Brian Kemp, who ran even…