Showing posts with label Jerome Powell. Show all posts
Showing posts with label Jerome Powell. Show all posts

Thursday, April 16, 2026

News roundup, 16 April 2026

- Donald Trump is once again threatening to fire Federal Reserve chair Jerome Powell for refusing to lower interest rates, even though it's far from clear that he has the authority to do that unilaterally. The regime is also pursuing a criminal investigation regarding alleged cost overruns for renovations at the central bank's headquarters; a judge has already given the legal opinion that the overruns are a mere pretext and that the government wants to intimidate the bank. The strange thing is, Powell's term is set to expire in May, although he would stay on until a successor is found. 

- Hospitalization rates for vaccine-preventable respiratory infections, including flu and RSV as well as COVID-19 and other conditions, have doubled since the start of the pandemic. Evidently enough people went down the antivax rabbit hole that they stopped getting the vaccinations that they previously went along with.

- To the surprise of nobody with any sense, speeding has increased in Ottawa school zones since the Ford government banned municipalities from using speed cameras.

- More information has emerged about Jeremy Frimer, the psychology professor who is suing the University of Winnipeg for allegedly giving him complex PTSD and the faculty union for not backing him up. It seems that Frimer made some highly questionable claims about race, intelligence, and crime; despite his protestations, the general consensus among most scientists is that human races are so ill-defined that it's pretty safe to assume that such claims are nonsense. As to what could have motivated to make such claims, well...

- Travis Patron, a Saskatchewan man who once served as the leader of a now defunct far right fringe party, has been charged with wilful promotion of hatred for some online posts. He has previous convictions for the same offense, as well as for assault, harassment, and impersonating a police officer.

- Remember the story a few years back about the programmer whose best friend was killed by a hit-and-run driver, so she trained a chatbot on all the texts he'd sent to her so she could still feel like she was talking to him? Whatever you think about whether that's psychologically healthy or not, at least she knew what was going on. A more recent case, though, is a bit more problematic. After a man died in a car accident last year, his family decided to keep the news from his mother, fearing that the shock would harm her health. So they got together all the audio and video they could find of him and trained an AI on it. The AI has brief conversations with her on screen but then apologizes saying that he has to go back to work because he's very busy, and that he will be sure to move back to her city to be with her once he has earned enough money. As some folks in this Reddit thread have remarked, this might be justifiable if she had severe dementia (the only thing worse than having to tell her that he'd died would be having to tell her that over and over again), but there's no mention of this in the article, and I can't see things going too well if the AI has some sort of glitch that reveals its true nature or if she finds out the truth in some other way.

Friday, January 2, 2026

News roundup, 2 Jan 2025

- The US job market is, by some measures, the worst it's been since 2010. While the actual unemployment rate was only 4.6% in November, a mere 50,000 net new jobs have been added per month across the entire country since May, meaning that those not currently employed find a hard time getting work. This is based on official stats, but Federal Reserve chair Jerome Powell thinks this is an overestimation - and that there may in fact be a net loss in jobs. Regardless, about half the country will say it's all Biden's fault anyway...

- A Norwegian startup, Flocean, claims to have developed a desalination technology that cuts the (very considerable) energy consumption by half. According to the company, the technique takes advantage of the pressure of the ocean itself at depths of 300 to 600 metres. They plan to have a proof of concept up and running within the year.

- The BC government has conducted its first comprehensive assessment since 1997 of potentially catastrophic risks facing the province. Among other things, the report has concluded that if a 9.0 magnitude quake were to strike off the coast of Vancouver Island the province would suffer $128 billion in economic losses in addition to the deaths and injuries - and the entire property and casualty insurance industry across Canada could be threatened.

- A travel website called "The Travel" published an article that tries to claim that Canada's boycott of US travel is "backfiring" - partly because it has become more unpleasant to cross the border now that agents have more time to interrogate each person. I dunno, sounds more like the boycott will just strengthen further if that's the case. The article also claims that it's driven up the price of domestic travel in Canada, leading boycotters of the US to travel elsewhere (such as Europe). Again, though, if the demand for domestic travel is up, there's no reasonable basis to say the boycott is "backfiring" - rather, travel to the US is being replaced both by domestic and overseas travel. It reads like the author is in denial of the possibility that there's any good substitute for the US as a travel destination. However, one group who are taking a hit are snowbirds who want to sell their vacation properties in Florida.

- A police vehicle fatally hit a pedestrian in Surrey, BC on Christmas, less than a month after the last time this sort of thing happened. I daresay Surrey's police force might benefit from some driving lessons.

- Around 40 people have died in a fire at a Swiss ski resort on New Year's Eve. Officials say it could be days before all of the bodies have been identified; the cause is under identification.

- A Florida-based YouTuber is under investigation for animal abuse after posting video of the operation of a trap he had developed called the "Opossum Launcher". He had apparently lured the animal onto a makeshift catapult; it appears to have survived the incident but that's probably not the sort of thing that should be encouraged.

- In a story that sounds like it should be from Florida, a man in Brandon, Manitoba was arrested after attempting to pay a business with drugs instead of any conventional method of payment.

Thursday, July 17, 2025

News roundup, 17 July 2025

- The possibility of Donald Trump firing Federal Reserve chair Jerome Powell is still looming. Powell has refused to cut interest rates as Trump wants; he needs some sort of a pretext to do this, though, and the alleged mismanagement of the renovations on two Federal Reserve buildings just might be it. Trump has already been polling Republican legislators on the issue. He's denying, however, that he actually plans to do so, perhaps leery of what such an unprecedented move might do to the markets. Interfering with their central banks didn't do Hungary and Turkey any favours, after all.

- The Trump regime is doing its utmost to stop the expansion of renewable energy, even as China races ahead. China already has five times the amount of renewable energy in its grid as the US - and they have greatly expanded electricity supply without increasing their fossil fuel consumption as a result. Their crackdown on offshore wind now has Massachusetts and New York looking to buy power from an offshore project in Nova Scotia.

- The matter of the Epstein files continues to cause problems for Donald Trump. Some think that this could be thing that finally makes the MAGA crowd question their previously unquestioning loyalty to the orange monster. Then again, it might just as easily make them question their previously unquestioned belief that sexual abuse of minors is a bad thing.

- A plastic surgeon in Utah who allegedly destroyed more than $28,000 worth of government provided COVID-19 vaccines and gave kids saline shots so they would answer yes when asked if they had been vaccinated has had all charges against him dropped by the Department of Justice under Pam Bondi. Dr. Michael Kirk Moore Jr. had allegedly accepted cash bribes to distribute fraudulent vaccination cards as well.

- Two people have been arrested after allegedly using a tow truck to steal several vehicles in Transcona.  

Thursday, April 24, 2025

News roundup, 24 April 2025

- Donald Trump is accusing Volodymyr Zelenskyy of jeopardizing the peace deal that Trump claims was "right around the corner", due to his unwillingness to surrender territory as part of the deal. Now it has to be admitted that Trump has a point of sorts when he says that Crimea "was lost years ago", but to expect Zelenskyy to just agree to this as part of a deal for which he wasn't even invited to the negotiations seems more than a little suspect.

- Trump is partially backing down on his threats against China, saying the tariffs will be coming down "substantially". He has also said that he no longer plans to fire Federal Reserve chair Jerome Powell. Markets have rebounded somewhat in response to these announcements.

- A substantial number of Canadian snowbirds are selling their winter homes in the US, for reasons that should be increasingly obvious. Florida's housing market is taking a particular hit, given the state's relative proximity to Canada's largest population centres.

- Some unnamed Conservative Party sources suggest that Pierre Poilievre could be at risk of losing his own seat in the riding of Ottawa-Carleton. The party has apparently deployed a lot of campaign workers to that riding and others in the area in recent days. Liberal sources also indicate that their candidate, Bruce Fanjoy, is in a dead heat with Poilievre.

- A Swedish company, Candela, has set a new speed and range record for an electrically powered vessel. The P-12 is a hydrofoil developed for use as a ferry, with a range of 40 nautical miles and a top speed of 25 kt. All this with a battery less than twice the size of the ones in some electric cars. The main downside is that it only has the capacity for 30 passengers.

- Gunmen opened fire on tourists in Indian-controlled Kashmir, killing 26 people and wounding 17. The Indian government is blaming Pakistan for the attack, and has taken a number of measures, the most significant of which may be the suspension of the Indus Waters Treaty. Several Pakistani officials warn that the unilateral suspension of the treaty is a violation of international law; an advisor to Pakistani prime minister Shehbaz Sharif went further, calling it an "act of war". This is not the kind of talk you want to hear in a dispute between two nuclear powers.

- A fund created by the Stefanson government in 2023 to subsidize WestJet flights between Winnipeg and two American cities (Los Angeles and Atlanta) has run out. Given the current political climate in the US, the Kinew government has no desire to top it up (myself, I wouldn't be in favour of doing that even under better circumstances). In any case, the demand for flights to the States is tanking; WestJet is reorienting their plans to offer more flights to Europe instead.

Tuesday, April 22, 2025

News roundup, 22 April 2025

- Donald Trump has demanded that Federal Reserve chair Jerome Powell be terminated for not lowering interest rates as Trump would like. Constitutionally, this isn't supposed to be doable by the president alone; however, the question of what happens if he tries anyway has yet to be answered. Certainly investors are not showing confidence in the situation.

- There has apparently been a noticeable shift, at least in the US, towards bringing one's own lunch to work rather than eating at a restaurant. This is seen by some as a worrisome economic indicator, even a harbinger of a recession.

- Pierre Poilievre is conspicuously absent from the latest round of Conservative Party TV ads. While he's mentioned in one of them, he isn't shown; instead they show old white guys playing golf. The fact that the Cons feel the need to target white male boomers suggests that they're struggling even with that demographic (or at least its urban/suburban component, whose votes they need if they are to have a hope of winning the election next week).

- A bunch of the usual far-right suspects have planned a "Referendum Rally" at the Alberta Legislature on the first of May, figuring that if Poilievre can't win the election it's time for Alberta to secede and join the US.

- Not satisfied to simply cut billions of dollars in federal funding to Harvard University, the regime now appears to have directed the IRS to rescind the institution's tax-exempt status.

- A new Silicon Valley startup, Scout AI, hopes to develop autonomous military robots controlled by the latest in AI technology. I think maybe it's time for these people to watch Terminator (or watch it again, if they didn't clue into the message the first time).

- Commuter trains running between San Francisco and San Jose are now fully electric; this has led to a rapid improvement in air quality in the region, with an 89% decrease in fine carbon particulates ("black carbon").

- An American nonprofit that provides eyeglasses around the developing world is moving its operations to Manitoba due to uncertainties related to Trump's tariffs (their lenses come from places like China).

Monday, April 7, 2025

News roundup, 7 April 2025

- Nearly a dozen candidates for the two major federal parties have left or been removed from the race since the start of the campaign. Besides the Liberals' Paul Chiang and the Cons' Don Patel, of whom we've spoken before, this list includes such luminaries as Simon Payette, who was the Conservative candidate in Berthier—MaskinongĂ© until he accused École Polytechnique massacre survivor (and Liberal candidate) Nathalie Provost of exploiting the crime to "grease the palms of anti-gun extremists". I guess he'll have to move to Alberta and run for the UCP there. Today is the parties' last day to replace candidates.

- An Ottawa man was arrested after he entered Parliament's East Block on Saturday and allegedly made threats, sending Parliament Hill into lockdown. Nobody was injured and no weapons found; the nature of the threats and their target has not been disclosed.

- Federal Reserve chair Jerome Powell is warning that inflation may remain high for the foreseeable future, and stagflation is a risk, due in large part to the policies of the Trump regime. It's a safe bet that Trump will do his darnedest to get Powell removed, not that this will help the situation of course.

- An Australian tourist was denied entry to the US, resulting in him losing out on a $15,000 non-refundable cruise, because the route he took to the US was circuitous and was deemed "suspicious" for that reason. For his part, he says that the route was chosen for the cheapest airfares, but American officials weren't having it. He has vowed never to return to the US. Stuff like this isn't going to help the American travel industry, which is already reeling from a dramatic drop in visits from abroad.

- Another child (unvaccinated of course) has died of "freedom freckles" in Gaines County, Texas. The victim apparently had no underlying health conditions. Health Secretary Robert F. Kennedy Jr. has visited the area; perhaps someone should convince him to take a side trip to Dallas.

Friday, January 31, 2025

News roundup, 31 Jan 2025

- No survivors have been found in the midair collision near DC, and none are expected. For his part, Donald Trump is blaming diversity efforts at the FAA. I'm sure Germany's leaders probably cast a few similar aspersions about the blame for the Hindenburg disaster as well. In actual fact, the FAA may well deserve some of the blame, not because of diversity but because of short-staffing - there was only a single controller working that night in one of the busiest and most complicated airspaces in the country.

- Trump is accusing the Federal Reserve and its chair, Jerome Powell, of causing inflation after the Fed decided to keep interest rates at their current level. On cue, he's also blaming DEI policies for the matter. No doubt Trump's supporters in Congress will be all too willing to pass the necessary legislation to weaken the independence of the central bank, assuming of course that Trump's attention span is long enough to keep him from moving on to something else before acting.

- One of Trump's executive orders mandates schools, among other things, to provide "patriotic education". The order even goes so far as to provide a definition:

(d)  “Patriotic education” means a presentation of the history of America grounded in:
(i)    an accurate, honest, unifying, inspiring, and ennobling characterization of America’s founding and foundational principles;
(ii)   a clear examination of how the United States has admirably grown closer to its noble principles throughout its history;
(iii)  the concept that commitment to America’s aspirations is beneficial and justified; and
(iv)   the concept that celebration of America’s greatness and history is proper.

Setting aside the fact that any characterizing of America's founding that is accurate and honest is almost certain not to be "unifying, inspiring, and ennobling", this whole thing sounds like it could have come straight out of the Chinese Communist Party.

- A bill before the Tennessee legislature would make make it illegal for legislators to vote in favour of immigration policies opposed by Trump, punishable by up to six years in prison and/or a $3,000 fine.

- Trump has purged the National Labor Relations Board; not only has he removed the board's general counsel (which is legal, since that is an "at pleasure" position), but he has also removed a board member who, according to legislation, has a fixed term. As a result, the board lacks a quorum and is unable to make rulings or certify union representation. Worse, since Trump is almost sure to get away with this, it is expected that he will take similar measures with other ostensibly independent government agencies.

- FCC chair Brendan Carr, appointed by Trump during his previous term (and notably not removed by the Biden administration) has ordered an investigation into NPR and PBS, with the ultimate goal of slashing funding for the broadcasters.

- A priest in an Anglican splinter group has been defrocked after giving a Nazi salute during a speech at the National Pro-Life Summit in Washington. Worth noting is the fact that the church in question, the Anglican Catholic Church, had actually split from the main Anglican communion because the latter wasn't sufficiently socially conservative. I guess even they have standards, though.

- Hot on the heels of one of those Dec. 6 rioters pardoned by Trump dying in a confrontation with police, it turns out that another of them is wanted for soliciting sex with a minor.

- A woman who recently died in Taber, Alberta turned out to have been a longtime fugitive from American and Mexican authorities. She was suspected of killing two people in Missouri, then after fleeing to Mexico was jailed for killing a man in a botched robbery but escaped from prison in 1969 and remained at large for the rest of her life.