Underthrow Podcast, 01/21/26
Source: Underthrow
“Burn Down the Fed?” (01/21/26)
Source: Underthrow
“Burn Down the Fed?” (01/21/26)
Source: spiked
by Ella Whelan
“Discussions about children’s online experiences and the dangers they might face are nothing new. But in recent months, officialdom seems to have become increasingly concerned about protecting children’s ‘wellbeing,’ rather than protecting them from ‘harm.’ So instead of concerns about children seeing extreme content or writing nasty things about each other, the current focus is on the amount of time kids spend on social media. … This focus on the duration of kids’ social-media use is revealing. It shows the extent to which calls for a ban are rooted in a lack of confidence in parental authority – a lack of confidence, that is, in parents’ capacity to control their kids’ behaviour and limit the amount of time they spend on social media.” (01/21/26)
Source: CNBC
“Jeff Bezos’[s] space venture Blue Origin announced Wednesday it plans to deploy 5,408 satellites into space for a communications network that will take on SpaceX and Amazon. The network, called TeraWave, is targeted for enterprise, data center and government users. The company said it will provide data speeds of ‘up to 6 terabits per second’ from satellites positioned in low Earth orbit and medium Earth orbit, regions of space that are between 100 miles and 21,000 miles from the Earth’s surface. Blue Origin said it expects to begin deploying its constellation in the fourth quarter of 2027.” (01/21/26)
https://www.cnbc.com/2026/01/21/bezos-blue-origin-satellite-internet-spacex-amazon.html
Source: The American Prospect
by David Dayen
“I get why Congress could be a good gig for a social climber or a rich dude looking for flattery and prestige and stock tips. As an entity for managing the country and meeting its challenges, today’s Congress is rather inert, especially when the biggest challenges come from within. Since the beginning of Trump’s term one year ago, I have been studying the tools available to Congress to assert itself as the primary institution of American government, expressed in Article I of the Constitution. Sadly, most of those tools have not found their way out of committee. Democrats shut down the government last October, for instance, but did not demand that they would only agree to pass appropriations if they were guaranteed to be spent.” (01/21/25)
https://prospect.org/2026/01/21/so-cute-how-you-write-laws-congress-appropriations-ice/
Source: Future of Freedom Foundation
by Wendy McElroy
“C. Hartley Grattan (1902–1980) was a journalist, author, and polymath who many view as the foremost American scholar on Australia and the Pacific Southwest. To libertarians, however, Grattan should be important as a revisionist historian who was respected by decades of antiwar activists from H.L. Mencken to Murray N. Rothbard. Although Grattan is still occasionally discussed by anti-interventionists, such as the historian Justus D. Doenecke, Grattan has become largely a footnote. Indeed, I learned of him through three intriguing footnotes in Rothbard’s book The Betrayal of the American Right.” (01/21/26)
https://www.fff.org/explore-freedom/article/reviving-a-revisionist-clinton-hartley-grattan-part-1/
Source: Politico
“The Supreme Court on Wednesday appeared deeply skeptical of President Donald Trump’s claim that he can abruptly fire Federal Reserve board member Lisa Cook for alleged misconduct without giving her a forum to contest the allegations. Several justices underscored the historical significance of the Fed’s independence from presidential control and pressed Trump’s Solicitor General D. John Sauer about his claim that removing Cook from her position required urgent action, rather than a review of unproven mortgage fraud allegations leveled by Trump and his housing czar. Citing those fraud allegations, Trump purported to fire Cook last year. But Cook has remained in her position, winning legal battles at both the U.S. District Court in Washington, D.C. and the D.C. Circuit Court of Appeals. The justices agreed to allow those rulings to remain in effect until they had a chance to weigh the Trump administration’s emergency appeal.” (01/21/26)
https://www.politico.com/news/2026/01/21/supreme-court-lisa-cook-federal-reserve-00739231
Source: The New Republic
“Trump Tirades on Greenland Get So Scary that It Rattles Medical Expert.” (01/21/26)
https://newrepublic.com/article/205464/trump-tirades-greenland-get-scary-rattles-medical-expert
Source: System Update
“New Laura Poitras Documentary: On War, Propaganda & the Corporate Media.” (01/20/26)
Source: Reason
by Jacob Sullum
“The antiquated statute arguably allows the president to deploy the military in response to nearly any form of domestic disorder.” (01/21/26)
Source: The Daily Economy
by Antón Chamberlin
“Many debates on economic topics hinge on a set of familiar words: production, prices, costs, value. These terms appear constantly in political speeches, news articles, and policy discussions. Yet they are rarely used with much precision (at least where academic economists are concerned). As a result, people often talk past one another while believing they are in agreement — or disagreement — about the same thing. Confusing colloquial meanings with technical definitions can lead to deeply flawed conclusions about how markets work and what governments can realistically accomplish.” (01/21/26)
https://thedailyeconomy.org/article/when-production-isnt-production-and-prices-arent-prices/