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Daily Bread for 10.21.20

Good morning.

Wednesday in Whitewater will be partly cloudy a high of fifty-three.  Sunrise is 7:17 AM and sunset 6:01 PM, for 10h 44m 19s of daytime.  The moon is a waxing crescent with 28.3% of its visible disk illuminated.

 

 Whitewater’s Parks & Recreation Board meets via audiovisual conferencing at 5:30 PM.

 On this day in 1897, Yerkes Observatory in Williams Bay is dedicated.

Recommended for reading in full — 

 Mike McIntire, Russ Buettner, and Susanne Craig report Trump Records Shed New Light on Chinese Business Pursuits (‘As he raises questions about his opponent’s standing with China, President Trump’s taxes reveal details about his own activities there, including a previously unknown bank account’):

But Mr. Trump’s own business history is filled with overseas financial deals, and some have involved the Chinese state. He spent a decade unsuccessfully pursuing projects in China, operating an office there during his first run for president and forging a partnership with a major government-controlled company.

And it turns out that China is one of only three foreign nations — the others are Britain and Ireland — where Mr. Trump maintains a bank account, according to an analysis of the president’s tax records, which were obtained by The New York Times. The foreign accounts do not show up on Mr. Trump’s public financial disclosures, where he must list personal assets, because they are held under corporate names. The identities of the financial institutions are not clear.

The Chinese account is controlled by Trump International Hotels Management L.L.C., which the tax records show paid $188,561 in taxes in China while pursuing licensing deals there from 2013 to 2015.

(Trump has paid far more in taxes to China than on many years of his United States federal income tax return.)

Isaac Stanley-Becker and Craig Timberg report Threatening emails reportedly sent to Democratic voters in three swing states, sparking investigations:

Authorities in Florida and Alaska on Tuesday were investigating threatening emails sent to Democratic voters that claimed to be from the Proud Boys, a far-right group supportive of President Trump, but appeared instead to be a deceptive campaign making use of a vulnerability in the organization’s online network.

The emails, which appeared to target Democrats using data from digital databases known as “voter files,” told recipients the group was “in possession of all your information” and instructed voters to change their party registration and cast their ballots for Trump.

“You will vote for Trump on Election Day or we will come after you,” warned the emails, which by Tuesday night were said to have reached voters in four states, three of them hotly contested swing states in the coming presidential election.

The emails were reported in Pennsylvania, Arizona, Florida and Alaska. Only Alaska is not a major focus of the presidential campaign, but it does have a closely watched race for the U.S. Senate.

How Amazon Prime Day drove record numbers for third-party sellers:

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Highlight’s from The Verge’s Foxconn Assessment

No failure better reveals the bankruptcy of corporate welfare in the Walker and Trump years than the Foxconn project in Wisconsin: exaggeration upon exaggeration, but nothing productive. This was a failure of judgment so obvious and significant that everyone involved should retire from policymaking. Walker Administration, Trump Administration, the WISGOP, the WEDC, down to Whitewater’s Community Development Authority, and her business lobby the Greater Whitewater Committee: a brimming basket of buffoonery.

National reporting on Foxconn at The Verge has been excellent, and Josh Dzieza’s exhaustive Inside the empty promises and empty buildings of Wisconn Valley is worth reading in full. Below, I’ve republished their Twitter summary of the story. The nine-tweet Twitter thread begins on 10.19.20 @ 9:09 AM:

President Trump struck a deal with Foxconn that promised to turn Wisconsin into a tech manufacturing powerhouse in exchange for billions in tax subsidies. Three years later, the factory — and the jobs — don’t exist, and they probably never will

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Foxconn had said it would build a 20-million-square-foot LCD complex in Wisconsin. Instead, it constructed an empty building 1/20th that size

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The company said it would aim to employ 5,200 people at the end of this year, a number that was to grow to 13,000. At the end of 2019, Wisconsin found it employed only 281 people eligible under the terms of the contract

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Foxconn attempted to exploit a loophole in its contract with the state by hiring a sufficient number of employees to receive subsidies just before the end of the year. Employees were hired with no actual work to do. Many were laid off after the deadline passed

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Employees describe a toxic workplace, where supervisors often berated and publicly humiliated employees. Many of the original Wisconsin hires have quit or been laid off

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Despite publicly insisting it was building an LCD factory, as early as 2018 Foxconn employees had been asked to figure out a business plan for the company in Wisconsin. Records show Foxconn recently changed the intended use of its factory from manufacturing to storage

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Foxconn’s search for a viable business led it to consider everything from fish farming to exporting dairy to renting storage space. Almost every idea collapsed in corporate infighting and a reluctance to spend money

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Very little manufacturing ever occurred with the Foxconn project. The company has started a small manufacturing line making servers, and now says it is making ventilators, but no employees or state officials could say whether any have been produced

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In the end, the Foxconn debacle in Wisconsin is the physical manifestation of the alternate reality that has defined the Trump administration

Previously: 10 Key Articles About FoxconnFoxconn as Alchemy: Magic Multipliers,  Foxconn Destroys Single-Family HomesFoxconn Devours Tens of Millions from State’s Road Repair BudgetThe Man Behind the Foxconn ProjectA Sham News Story on Foxconn, Another Pig at the TroughEven Foxconn’s Projections Show a Vulnerable (Replaceable) WorkforceFoxconn in Wisconsin: Not So High Tech After All, Foxconn’s Ambition is Automation, While Appeasing the Politically Ambitious, Foxconn’s Shabby Workplace ConditionsFoxconn’s Bait & SwitchFoxconn’s (Overwhelmingly) Low-Paying JobsThe Next Guest SpeakerTrump, Ryan, and Walker Want to Seize Wisconsin Homes to Build Foxconn Plant, Foxconn Deal Melts Away“Later This Year,” Foxconn’s Secret Deal with UW-Madison, Foxconn’s Predatory Reliance on Eminent Domain, Foxconn: Failure & FraudFoxconn Roundup: Desperately Ill Edition,  Foxconn Roundup: Indiana Layoffs & Automation Everywhere, Foxconn Roundup: Outside Work and Local Land, Foxconn Couldn’t Even Meet Its Low First-Year Goal, Foxconn Talks of Folding Wisconsin Manufacturing Plans, WISGOP Assembly Speaker Vos Hopes You’re StupidLost Homes and Land, All Over a Foxconn Fantasy, Laughable Spin as Industrial Policy, Foxconn: The ‘State Visit Project,’ ‘Inside Wisconsin’s Disastrous $4.5 Billion Deal With Foxconn,’ Foxconn: When the Going Gets Tough…, The Amazon-New York Deal, Like the Foxconn Deal, Was Bad Policy, Foxconn Roundup, Foxconn: The Roads to Nowhere, Foxconn: Evidence of Bad Policy Judgment, Foxconn: Behind Those Headlines, Foxconn: On Shaky Ground, Literally, Foxconn: Heckuva Supply Chain They Have There…, Foxconn: Still Empty, and the Chairman of the Board Needs a Nap, Foxconn: Cleanup on Aisle 4, Foxconn: The Closer One Gets, The Worse It Is, Foxconn Confirm Gov. Evers’s Claim of a Renegotiation DiscussionAmerica’s Best Know Better, Despite Denials, Foxconn’s Empty Buildings Are Still Empty, Right on Schedule – A Foxconn Delay, Foxconn: Reality as a (Predictable) Disappointment, Town Residents Claim Trump’s Foxconn Factory Deal Failed Them, Foxconn: Independent Study Confirms Project is Beyond Repair, It Shouldn’t, Foxconn: Wrecking Ordinary Lives for Nothing, Hey, Wisconsin, How About an Airport-Coffee Robot?, Be Patient, UW-Madison: Only $99,300,000.00 to Go!, Foxconn: First In, Now Out, Foxconn on the Same Day: Yes…um, just kidding, we mean no, Foxconn: ‘Innovation Centers’ Gone in a Puff of Smoke, Foxconn: Worse Than Nothing, Foxconn: State of Wisconsin Demands Accountability, Foreign Corporation Stalls, Foxconn Notices the NoticeableJournal Sentinel’s Rick Romell Reports the Obvious about Foxconn Project, Foxconn’s ‘Innovation’ Centers: Still Empty a Year Later, Foxconn & UW-Madison: Two Years and Less Than One Percent Later…, andAccountability Comes Calling at Foxconn.

Daily Bread for 10.20.20

Good morning.

Tuesday in Whitewater will mostly cloudy a high of forty-nine.  Sunrise is 7:15 AM and sunset 6:02 PM, for 10h 47m 03s of daytime.  The moon is a waxing crescent with 18.7% of its visible disk illuminated.

 

 The Whitewater Common Council meets via audiovisual conferencing at 6:30 PM.

 On this day in 1856, Frederick Douglass speaks in Beaver Dam on the brutality and immorality of slavery.

Recommended for reading in full — 

 Timothy O’Brien writes Trump’s Taxes Show He’s a National Security Threat:

Due to his indebtedness, his reliance on income from overseas and his refusal to authentically distance himself from his hodgepodge of business, Trump represents a profound national security threat – a threat that will only escalate if he’s re-elected. The tax returns also show the extent to which Trump has repeatedly betrayed the interests of many of the average Americans who elected him and remain his most loyal supporters.

I have some history with Trump and his taxes. Trump sued me for libel in 2006 for a biography I wrote, “TrumpNation,” claiming the book misrepresented his track record as a businessman and lowballed the size of his fortune. He lost the suit in 2011. During the litigation, Trump resisted releasing his tax returns and other financial records. My lawyers got the returns, and while I can’t disclose specifics of what I saw, I imagine that Trump has always refused to release them because they would reveal how robust his businesses and finances actually are and shine a light on some of his foreign sources of income. The Times has now solved that problem for us.

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If Trump was still just a reality TV oddity, that wouldn’t be earthshaking. But he’s president, and the trade-offs someone like him would be willing to make to save his face and his wallet taint every public policy decision he makes – including issues around national security. If Vladimir Putin, for example, can backchannel a loan or a handout to the president, how hard is Trump going to be on Russia?

 Amy Qin reports In China, the Formidable Prosecutor Turned Lonely Rights Defender (‘After sheltering a prominent dissident, Yang Bin, a former prosecutor, is now under the scrutiny of the police. But she has no regrets’):

Yang Bin was at home when two dozen Chinese police surrounded her house and entered, searching for the man she had recently taken in as a houseguest. Filing in quickly, the officers found their suspect upstairs and arrested him, ending a weekslong manhunt.

The police also detained Ms. Yang for questioning. They wanted to know how Xu Zhiyong, one of China’s most outspoken government critics, had come to find refuge with her, a Communist Party member and former government prosecutor.

For Ms. Yang, the turn of events came with no small irony. In her old job, she had escorted death row prisoners to a police station near the one in which she was being interrogated, in the southern Chinese city of Guangzhou. This time she was regarded as a suspect, and the police had also taken her husband and 20-year-old son.

“Even though I was being questioned like a criminal, I knew in my heart I hadn’t done anything wrong,” Ms. Yang, 50, who was later released with her family, said in a recent telephone interview from her home on Seagull Island, a rural area on the outskirts of Guangzhou. “When many people look at the system, they see its strength. When I look at it, I see only its fragility.”

France’s famous monument, Mont-Saint-Michel is cut off from the world:

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Daily Bread for 10.19.20

Good morning.

Monday in Whitewater will partly cloudy a high of forty-four.  Sunrise is 7:14 AM and sunset 6:08 PM, for 10h 49m 48s of daytime.  The moon is a waxing crescent with 10.3% of its visible disk illuminated.

 

 Whitewater’s Library Board meets via audiovisual conferencing at 6:30 PM.

 On this day in 1781, America and France are victorious at the Battle of Yorktown.

Recommended for reading in full — 

Heather Long, Andrew Van Dam, Alyssa Fowers, and Leslie Shapiro report The covid-19 recession is the most unequal in modern U.S. history:

The economic collapse sparked by the pandemic is triggering the most unequal recession in modern U.S. history, delivering a mild setback for those at or near the top and a depression-like blow for those at the bottom, according to a Washington Post analysis of job losses across the income spectrum.

Recessions often hit poorer households harder, but this one is doing so at a scale that is the worst in generations, the analysis shows.

While the nation overall has regained nearly half of the lost jobs, several key demographic groups have recovered more slowly, including mothers of school-age children, Black men, Black women, Hispanic men, Asian Americans, younger Americans (ages 25 to 34) and people without college degrees.

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The recession’s inequality is a reflection of the coronavirus itself, which has caused more deaths in low-income communities and severely affected jobs in restaurants, hotels and entertainment venues as Americans try to avoid crowded places to protect their own health and slow the spread of the virus. Jobs in these places typically pay, on average, $17 an hour and were overwhelmingly held by women and people of color.

No other recession in modern history has so pummeled society’s most vulnerable. The Great Recession of 2008 and 2009 caused similar job losses across the income spectrum, as Wall Street bankers and other white-collar workers were handed pink slips alongside factory and restaurant workers. The 2001 recession was more unequal than the Great Recession: After the 9/11 terrorist attacks, travel and tourism jobs vanished and low-wage employment fell 7 percent below the previous year’s level, while high earners remained largely unscathed. Yet, even that inequality is a blip compared with what the coronavirus inflicted on low-wage workers this year.

 Megan Garber writes How Fox News Became a Language:

The leader and the news network speak, and enforce, the same language. Trump regularly lifts his tweets directly from Fox’s banners and banter. Last year, Media Matters for America’s Matt Gertz counted the times the president tweeted something in direct response to a Fox News or Fox Business program. Gertz found 657 such instances—in 2019 alone. Fox hosts and producers use that power to manipulate the president. “People think he’s calling up Fox & Friends and telling us what to say,” a former producer on the show tells Stelter. “Hell no. It’s the opposite. We tell him what to say.”

But the manipulation flows in both directions. At Fox, Stelter reports, executives live in fear of angering the opinion hosts, who in turn live in fear of angering viewers—who of course have been made angrier by the hosts themselves. A former producer tells Stelter: “We were deathly afraid of our audience leaving, deathly afraid of pissing them off.” Stelter’s sources describe “a TV network that has gone off the rails,” he writes. “Some even said the place that they worked, that they cashed paychecks from, had become dangerous to democracy.” A well-known commentator on the network tells Stelter: “They are lying about things we are seeing with our own eyes.”

Science under Trump: Four key moments:

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Daily Bread for 10.18.20

Good morning.

Sunday in Whitewater will be rainy with a high of fifty-five.  Sunrise is 7:13 AM and sunset 6:05 PM, for 10h 52m 33s of daytime.  The moon is a waxing crescent with 4.4% of its visible disk illuminated.

 

 On this day in 1851, Herman Melville’s Moby-Dick is first published as The Whale by Richard Bentley of London.

Recommended for reading in full — 

 The New York Times editorial board writes End Our National Crisis (‘The Case Against Donald Trump’):

Donald Trump’s re-election campaign poses the greatest threat to American democracy since World War II.

Mr. Trump’s ruinous tenure already has gravely damaged the United States at home and around the world. He has abused the power of his office and denied the legitimacy of his political opponents, shattering the norms that have bound the nation together for generations. He has subsumed the public interest to the profitability of his business and political interests. He has shown a breathtaking disregard for the lives and liberties of Americans. He is a man unworthy of the office he holds.

The editorial board does not lightly indict a duly elected president. During Mr. Trump’s term, we have called out his racism and his xenophobia. We have critiqued his vandalism of the postwar consensus, a system of alliances and relationships around the globe that cost a great many lives to establish and maintain. We have, again and again, deplored his divisive rhetoric and his malicious attacks on fellow Americans. Yet when the Senate refused to convict the president for obvious abuses of power and obstruction, we counseled his political opponents to focus their outrage on defeating him at the ballot box.

Nov. 3 can be a turning point. This is an election about the country’s future, and what path its citizens wish to choose.

The resilience of American democracy has been sorely tested by Mr. Trump’s first term. Four more years would be worse.

But even as Americans wait to vote in lines that stretch for blocks through their towns and cities, Mr. Trump is engaged in a full-throated assault on the integrity of that essential democratic process. Breaking with all of his modern predecessors, he has refused to commit to a peaceful transfer of power, suggesting that his victory is the only legitimate outcome, and that if he does not win, he is ready to contest the judgment of the American people in the courts or even on the streets.

The enormity and variety of Mr.Trump’s misdeeds can feel overwhelming. Repetition has dulled the sense of outrage, and the accumulation of new outrages leaves little time to dwell on the particulars. This is the moment when Americans must recover that sense of outrage.

It is the purpose of this special section of the Sunday Review to remind readers why Mr. Trump is unfit to lead the nation. It includes a series of essays focused on the Trump administration’s rampant corruption, celebrations of violence, gross negligence with the public’s health and incompetent statecraft. A selection of iconic images highlights the president’s record on issues like climate, immigration, women’s rights and race.

The urgency of these essays speaks for itself. The repudiation of Mr. Trump is the first step in repairing the damage he has done. But even as we write these words, Mr. Trump is salting the field — and even if he loses, reconstruction will require many years and tears.

Mr. Trump stands without any real rivals as the worst American president in modern history.

 Coronavirus: what has changed about what we know?:

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Daily Bread for 10.17.20

Good morning.

Saturday in Whitewater will be mostly cloudy with a high of sixty.  Sunrise is 7:12 AM and sunset 6:07 PM, for 10h 55m 20s of daytime.  The moon is a waxing crescent with 0.8% of its visible disk illuminated.

 

 On this day in 1931, Al Capone is convicted of income tax evasion.

Recommended for reading in full — 

 Matt Wilstein reports Obama [and Reagan] Photographer Pete Souza Exposes Trump’s ‘Obviously’ Staged Pics (‘Pete Souza breaks down what working for Reagan and Obama taught him about Trump’s “disastrous” presidency’):

As soon as Pete Souza saw the photos of President Donald Trump “working” from Walter Reed hospital earlier this month, he knew something was off.

“They were obviously posed pictures,” Souza, who worked as chief White House photographer under both President Barack Obama and President Ronald Reagan, tells me by email a couple of weeks after our longer conversation below about his new documentary The Way I See It, which will premiere commercial-free on MSNBC this Friday night at 10 p.m. ET.

Aside from the seemingly blank sheet of paper Trump can be seen signing in one of the photos, released by the White House in an attempt to prove the president was hard at work, one intrepid reporter determined that another photo, in which Trump is wearing a different outfit, was taken just 10 minutes later.

Comparing them to photos he personally took of Reagan in the hospital after he was shot by a would-be assassin in 1981, Souza says, “The pictures I made of President Reagan in the hospital were authentic and unposed, unstaged photographs.”

Asked why Americans should be outraged about all of the obfuscation by the White House over the reality of Trump’s illness, Souza replies, “I’d pose that question to any of the 215,000 families that have lost a loved one from COVID.”

 Dan Alexander reports Donald Trump Has At Least $1 Billion In Debt, More Than Twice The Amount He Suggested:

No aspect of Donald Trump’s business has been the subject of more speculation than his debt load. Lots of people believe the president owes $400 million, especially after Trump seemed to agree with that figure on national televisionThursday night. In reality, however, he owes more than $1 billion.

The loans are spread out over more than a dozen different assets—hotels, buildings, mansions and golf courses. Most are listed on the financial disclosure report Trump files annually with the federal government. Two, which add up to an estimated $447 million, are not.

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One reason for all the confusion: Trump’s loans are not fully transparent. It’s still unclear to whom he owes an estimated $162 million against his skyscraper in San Francisco, for example. The loan against 1290 Avenue of the Americas is also something of a mystery. And it’s difficult to pin down the amount the president owes on a loan tied to his Bedford, New York, mansion. When asked about all of this, the Trump Organization did not respond.

 Video from Space – Highlights for the Week of Oct.11, 2020:

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Frontline: Poverty, Politics and Profit (Full Film)

FRONTLINE and NPR investigate the billions spent on affordable housing, and why so few get the help they need.

In a nine-month investigation that takes FRONTLINE and NPR from Dallas to Miami, NPR’s Laura Sullivan and FRONTLINE’s Rick Young find that just one in four households eligible for Section 8 assistance are getting it, and the nation’s signature low-income housing construction program is costing more and producing less. The team investigates the inseparability of race and housing programs in America, tracing a legacy of segregation and discrimination that began more than 80 years ago.

Friday Catblogging: A Cougar in Utah

Anastasia Tsioulcas reports Man Escapes Cougar: ‘Dude, I Don’t Feel Like Dying Today’:

Twenty-six-year-old Kyle Burgess was on a 10-mile run on Saturday up Slate Canyon in Provo, Utah. He told the Deseret News that when he saw four cougar cubs on the trail, he took out his phone and started filming.

But when Burgess saw the young animals’ mother come along, he knew he was in trouble. For the next six minutes, he recorded their encounter.

The mother cougar followed him — hissing, growling and threatening — as Burgess backed away, keeping his eyes locked on her. Mostly, he alternated between yelling a stream of profanities at the mother mountain lion and calling the animal “dude.”

“Dude, you’re scary!” Burgess tells the animal at one point, adding: “You’re a (bleep) scary kitty cat.” A few minutes later, after she repeatedly lunges in Burgess’ direction, he says, “Come on, dude, I don’t feel like dying today.”

But see The cougar in that viral video looked scary, but experts say the runner was safe:

Burgess didn’t get close to the young, but his presence probably set mom off. “Mothers of any animal species become aggressive when protecting their young,” San Bernardino National Forest wildlife biologist Angelica Mendoza wrote in an email. “The lioness in the video was just trying to get the hiker (whom she considered a threat) as far away from her cubs as possible.”

The mountain lion immediately put herself between her young and Burgess and, early in the encounter, more than once looked back in the direction of the kittens because she was concerned about their safety, Riley said. 

Beth Schaefer, director of animal programs at the L.A. Zoo, called the mountain lion’s actions typical “escorting behavior” aimed at scaring Burgess. The pounces and jumps the lion made when Burgess bent over to grab a rock, called mock or bluff charges, are something big cats don’t do when they’re going in for a kill. 

Daily Bread for 10.16.20

Good morning.

Friday in Whitewater will be partly cloudy with a high of fifty-two.  Sunrise is 7:11 AM and sunset 6:09 PM, for 10h 58m 07s of daytime.  The moon is new with 0.2% of its visible disk illuminated.

 

 On this day in 1780, the Great Hurricane of 1780 finishes after its sixth day, killing between 20,000 and 24,000 residents of the Lesser Antilles.

Recommended for reading in full — 

James Bandler, Patricia Callahan, Sebastian Rotella, and Kirsten Berg report Inside the Fall of the CDC (‘How the world’s greatest public health organization was brought to its knees by a virus, the president and the capitulation of its own leaders, causing damage that could last much longer than the coronavirus’):

With more than 216,000 people dead this year, most Americans know the low points of the current chapter already. A vaunted agency that was once the global gold standard of public health has, with breathtaking speed, become a target of anger, scorn and even pity.

How could an agency that eradicated smallpox globally and wiped out polio in the United States have fallen so far?

ProPublica obtained hundreds of emails and other internal government documents and interviewed more than 30 CDC employees, contractors and Trump administration officials who witnessed or were involved in key moments of the crisis. Although news organizations around the world have chronicled the CDC’s stumbles in real time, ProPublica’s reporting affords the most comprehensive inside look at the escalating tensions, paranoia and pained discussions that unfolded behind the walls of CDC’s Atlanta headquarters. And it sheds new light on the botched COVID-19 tests, the unprecedented political interference in public health policy, and the capitulations of some of the world’s top public health leaders.

Senior CDC staff describe waging battles that are as much about protecting science from the White House as protecting the public from COVID-19. It is a war that they have, more often than not, lost.

Employees spoke openly about their “hill to die on” — the political interference that would prompt them to leave. Yet again and again, they surrendered and did as they were told. It wasn’t just worries over paying mortgages or forfeiting the prestige of the job. Many feared that if they left and spoke out, the White House would stop consulting the CDC at all, and would push through even more dangerous policies.

To some veteran scientists, this acquiescence was the real sign that the CDC had lost its way. One scientist swore repeatedly in an interview and said, “The cowardice and the caving are disgusting to me.”

 Kari Paul reports Twitter suspends accounts for posing as Black Trump supporters:

Twitter has suspended a network of accounts claiming to be owned by Black supporters of Donald Trump and his re-election campaign due to spam and platform manipulation, it said Tuesday.

The company is investigating the activity and may suspend additional similar accounts if they are found to be violating its policies, a spokesperson said.

The Washington Post first reported on the investigation, citing more than a dozen accounts using identical, inauthentic language including the phrase: “YES IM BLACK AND IM VOTING FOR TRUMP!!!”

A review of some of the suspended accounts shows they often used stolen images to appear real. The accounts sometimes claimed to be owned by military veterans or members of law enforcement.

This is not the first time Twitter has had to address a spam operation claiming to be led by Black voters. NBC News also reported spam operations from fake accounts posing as Black Trump supporters in August.

 Is Supersonic Flight About to Boom?:

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That’s Not a Recovery: Millions Slip into Poverty & Unemployment Claims Rise

That a rush to re-open would lead to an economic rebound was always doubtful (no economic fix without a pandemic fix), but the data are clear that America is experiencing no national ‘recovery.’

Jason DeParle reports 8 Million Have Slipped Into Poverty Since May as Federal Aid Has Dried Up:

After an ambitious expansion of the safety net in the spring saved millions of people from poverty, the aid is now largely exhausted and poverty has returned to levels higher than before the coronavirus crisis, two new studies have found.

The number of poor people has grown by eight million since May, according to researchers at Columbia University, after falling by four million at the pandemic’s start as a result of an $2 trillion emergency package known as the Cares Act.

Using a different definition of poverty, researchers from the University of Chicago and Notre Dame found that poverty has grown by six million people in the past three months, with circumstances worsening most for Black people and children.

Significantly, the studies differ on the most recent month: While the Columbia model shows an improvement in September, the Chicago and Notre Dame analysts found poverty continued to grow.

Christopher Rugaber of the AP this morning reports that US jobless claims rise to 898,000 with layoffs still high:

The number of Americans seeking unemployment benefits rose last week by the most in two months, to 898,000, a historically high number and evidence that layoffs remain a hindrance to the economy’s recovery from the pandemic recession.

Thursday’s report from the Labor Department coincides with other recent data that have signaled a slowdown in hiring. The economy is still roughly 10.7 million jobs short of recovering all the 22 million jobs that were lost when the pandemic struck in early spring.

Confirmed coronavirus cases have been rising again nationwide in the past month, likely causing more Americans to hold back from eating out, shopping and engaging in other commerce. Cases have spiked in Wisconsin, for example, prompting renewed restrictions on business in Milwaukee and Madison.

These data show significant, increasing economic misery. It’s absurdly false to say that conditions are getting better.

One or a hundred rallies can’t hide the suffering of so many millions.