Shootings and August links

In less than 24 hours, there were two major mass shootings, following up a mass shooting at a festival in California (so three in fairly short span). The shooting in El Paso, TX targeted Mexicans. The shooting in Dayton, OH was by a young man with a long history of violent fantasies, including having a kill list and a rape list while he was in high school. (Google these shootings for details. I won't choose one link as representative). This article about the background of the El Paso shooter is chilling: mostly 'normal' but with all too familiar undercurrents including bullying at school along racial lines, hopelessness about job prospects while automation continues, and open racist sentiments expressed after Trump was elected.

Ignore the headline of this article (Washington Post again - a good source). It's not so much that there's pushback from the NRA on gun legislation, as there is deep worry from GOP legislators. Can they stay in office if they sign on to gun legislation? Probably not if they depend on votes from GOPers, which they do. According to polls, the wide majority of Republicans are still against even partial gun control measures. So it's less the NRA standing in the way, but instead the very popular Guns R Us ethos among Republicans.

Faltering Dem candidates. A Politico author contrasts the Republicans, who understand the importance of legacy and a winning historical narrative, with the Democrats, who are sniping at each other over the party's recent past. Part of this is due to a leadership vacuum since Obama is gone and the Clintons are gone, and both failed in some major ways.

Stealth reform measures for Social Security. Why hasn't this been big news? With funding issues looming, the Dems in the House are working on a big change to SS. This should be drawing a lot of attention, debate, number-crunching, and fact-checking, but the press barely utters a peep. Sure, it's not likely to get through the Senate, but it's a real proposal with seemingly real numbers, and these numbers are likely to be the basis for future work on SS.

Zero interest on bonds. A big difference from when I was young is that now the return on bonds is almost nothing. I find this fascinating. The world is awash in money chasing after profits. We've created so much wealth, and so much paper or digital money that there isn't enough ways to spend it or invest it. This doesn't worry me, however. We won't turn dirt poor even if there's a crash. There will just be another inflation via QE (quantitative easing) as there was last time.

Update on Gaza. Tensions rise and fall, but nobody wants a repeat of the last useless, destructive war. Progress!

Image: wikipedia.org

Extras. Gun control (now called gun safety) advocacy group shows how common private sales are without a background check.