The Daily Parker

Politics, Weather, Photography, and the Dog

Daily Parker bait, times 3

Of course I'm going to blog about these three articles.

First, former George W. Bush speechwriter and lifelong Republican Michael Gerson looks at the culture of celebrity that surrounds the President and says "our republic will never be the same:"

The founders generally believed that the survival and success of a republic required leaders and citizens with certain virtues: moderation, self-restraint and concern for the common good. They were convinced that respect for a moral order made ordered liberty possible.

The culture of celebrity is the complete negation of this approach to politics. It represents a kind of corrupt, decaying capitalism in which wealth is measured in exposure. It elevates appearance over accomplishment. Because rivalries and feuds are essential to the story line, it encourages theatrical bitterness. Instead of pursuing a policy vision, the first calling of the celebrity is to maintain a brand.

Is the skill set of the celebrity suited to the reality of governing? On the evidence, not really.

Second, Crain's business columnist Joe Cahill calls out Eddie Lampert's offer to buy Kenmore for $400m as a call to put Sears into hospice care:

There's plenty to worry about in the latest letter from Lampert's ESL Investments. First, Lampert is offering just $400 million for Kenmore, supposedly the company's crown jewel. When he first floated the idea of buying the household appliance brand in April, estimates pegged the likely selling price at $500 million or more. Maybe the lower bid is intended to elicit higher offers from potential third-party acquirers. Or it may signal that nobody else is interested and ESL is angling for a bargain.

Second, the offer is both nonbinding and contingent on ESL finding a third-party equity backer to finance the purchase. The letter says ESL is "confident" it can find such a backer. In other words, billionaire Lampert isn't willing to risk his own money buying Kenmore. This is consistent with his recent reluctance to raise his bet on Sears Holdings as a whole. As I've written before, he could easily take the company private—at the current market capitalization, the 46 percent he doesn't already own would cost less than $100 million—and capture the full upside of a turnaround. He's shown no interest in doing so.

And finally, on a happier note, the Chicago Tribune lists eight bars where people can go to read:

After living in the United Kingdom, freelance book publicist Jonathan Maunder turned to Chicago’s literary greats to connect to his adopted city. He remembered a night last year visiting Rainbo Club, the bar favored by “Chicago, City on the Make” author Nelson Algren.

“As I stepped out of the bar, a little drunk on both a couple of pints and Algren’s beautiful writing, I stood for a moment under the red neon of the Rainbo Club sign, which was reflected on the just rained on street, and felt a powerful connection to the place I was in and its history,” he said.

[He recommends] Kopi, A Traveler’s Cafe
5317 N. Clark St., 773-989-5674

A friendly, relaxed cafe/bar, which always has people and a good atmosphere (and sometimes accordion players) but never feels overly busy and hectic, in a way that might be distracting from reading.

Given that Kopi is a 20-minute walk from my house, I may just stop in this weekend.

I was a little bummed that the Duke of Perth didn't make the list, though.

Hard to know for sure

Jennifer Rubin believes she's found President Trump's stupidest Tweet ever:

President Trump has issued shameful tweets, offensive tweets and self-serving tweets. Rarely, however, has he sent out a tweet that better conveys his abject ignorance about the country and economics than the tweet he posted Wednesday:

No, no, no.

Our country was founded on a principle Trump often seems unacquainted with: “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed.”

[T]he notion that other countries are stealing our wealth is wrong. In fact, the opposite is true. We send dollars to foreign exporters, who in turn invest in America and hire our workers. They are making the United States richer.

Trump doesn't really care about all that, because if he can keep enough people believing that free trade is the problem, rather than Republican policies that transfer wealth from the poor to the rich, then he and his cronies can continue looting the populace.

As Aaron Sorkin once wrote,

Eddie Lampert strikes again

Eddie Lampert's hedge fund, ESL, is making a bid to buy the only remaining viable piece of Sears from, well, ESL:

ESL’s proposal valued Kenmore at $400 million, excluding the impact of cash or debt, according to a letter from ESL to a Sears board committee that was filed Tuesday with the Securities and Exchange Commission. A separate proposal valued the Sears Home Services division’s home improvement business at $70 million, with a potential extra $10 million if the company met certain financial benchmarks.

Lampert’s fund’s initial letter offering to buy certain Sears assets and break up the company also included the Sears Home Services Parts Direct business and certain Sears real estate assets. According to the letter, ESL is still considering Parts Direct and plans to work with outside investors on a real estate deal, but wanted to move ahead with the proposal for Kenmore and the home improvement division.

Sears declined to comment.

He murdered Sears and is selling the parts off. Tragic.

Falling into the sun is hard

In the geocentric model of how things work, it's really easy for you to fall directly toward Earth. This happens because you are already moving fast enough to have a very small delta vee with the surface at any particular moment. Not so falling into the sun, which is so hard, we only just launched the first probe that can do it on purpose:

The reason has to do with orbital mechanics, the study of how natural forces influence the motions of rockets, satellites, and other space-bound technology. Falling into the sun might seem effortless since the star’s gravity is always tugging at everything in the solar system, including Earth. But Earth—along with all the other planets and their moons—is also orbiting the sun at great speed, which prevents it from succumbing to the sun’s pull.

This arrangement is great if you’d like to avoid falling into the sun yourself, but it’s rather inconvenient if you want to launch something there.

“To get to Mars, you only need to increase slightly your orbital speed. If you need to get to the sun, you basically have to completely slow down your current momentum,” says Yanping Guo, the mission-design and navigation manager for the Parker Solar Probe. Based at the Johns Hopkins Applied Physics Laboratory, Guo has been working on the probe for about 17 years.

Probes bound for deep-space destinations like Mars can piggyback off Earth’s momentum to fly faster. For a spacecraft to launch toward the sun, on the other hand, it must accelerate to nearly match the Earth’s velocity—in the opposite direction. With the planet’s motion essentially canceled out, the spacecraft can surrender to the sun’s gravity and begin to fall toward it. But this is almost impossible with current rocket technology, so spacecraft have to get some help, in the form of slingshot maneuvers off other planets, called gravity assists.

Douglas Adams, therefore, was partially correct: generally speaking, if you throw yourself at the sun, you will miss (and wind up in a stable orbit). NASA has just started the process of hitting it.

Meant to post yesterday

Four articles I read late in the day and wanted to spike here:

And now, I will start working.

Hot times in the New York subway

The New York City subway, with its passive air exchange system and tunnels too small for active ventilation or air conditioning, have gotten excessively hot this summer:

On Thursday, temperatures inside at least one of the busiest stations reached 40°C—nearly 11°C warmer than the high in Central Park.

The Regional Plan Association, an urban planning think tank for the greater metropolitan area, took a thermometer around the system’s 16 busiest stations, plus a few more for good measure, and shared the data with CityLab. A platform at Union Square Station had the 40°C reading at 1 p.m., which was the hottest they found, although Brooklyn Bridge-City Hall and Columbus Circle weren’t far off at 39°C and 38½°C, at around 10 and 11 a.m., respectively. Twelve out of the 16 busiest stops boiled at or over the 32°C mark in the late morning and early afternoon.

One might think that subway stations would offer crisp respite to sweaty New Yorkers, being underground and all. But you’d be wrong. Heat doesn’t only “rise”—it just diffuses to cooler areas, which can include below-ground spaces. Plus, only a few of the city’s 472 stations are equipped with air conditioning; most rely on a passive ventilation system better known for their Marilyn Monroe moments above ground. This system was built in the days before AC, and the MTA says it’s not possible to squeeze the station-cooling machinery that other metro systems have inside New York’s narrow tunnels. Meanwhile, the units that cool passengers inside cars actually shed heat into the stations as trains pass through.

That onboard air-conditioning can fail, too. The MTA has also seen a rising number of complaints about overheated cars in recent years. In today’s issue of Signal Problems, his indispensable newsletter focused on subway accountability, the journalist Aaron Gordon reports that “about two percent of all subway cars in service on any given day might not have working A/C,” according to the MTA. That means at least 100 cars are roasting passengers on any given day this summer.

This problem also bedevils the London Underground.

Meanwhile, here in Chicago, we're having our 73rd day this year above 27°C, just 10 short of the record. Given the normal number of temperatures that warm between now and October, I think we'll probably set a new one.

And the sunlight here looks eerily orange and hazy today, because of climate change-driven wildfires out west.

Welcome to the future.

Fallows on the Seattle plane crash

Friday evening, a baggage worker at SEATAC airport outside Seattle stole an empty commuter plane and crashed it into an uninhabited part of an island in Puget Sound. Pilot and journalist Jim Fallows has an analysis:

Bizarre, frightening, and tragic this certainly was. Was it a sign of an alarming failure in security practices, and some press accounts immediately asserted? (For instance, from the UK’s Telegraph, soon after the event: “It has raised fundamental questions about airline security at America’s major airports after the mechanic was able to board the plane, taxi onto the runway and take off without being stopped. Aviation experts questioned what the authorities would have been able to do if the pilot was determined to fly the plane into a city rather than do loop-the-loops.”

Maybe this will be the appropriate response when more facts are known. For the moment, as is usually the case with aviation disasters, many of the most important questions about what happened are impossible to answer right away.

I hope that, when the facts are in, the response to this odd, sad incident will resemble what the aviation system usually does with its failures, rather than the way the political system often behaves. That is, I hope it serves as a source of guidance for further threat reduction, rather than as fuel for panic and finger-pointing about the modern realities that some “What if?” will always remain.

What a strange story.

Why all the optimism?

Washington Post columnist Anne Applebaum, watching the Manafort trial unfold, wonders why anyone thinks our institutions are up to the challenge of stopping the Trump organization:

America’s federal institutions are not the only ones designed to prevent someone like Trump from undermining the Constitution. We have other kinds of institutions, too — legal organs, regulatory bodies, banks — that are supposed to prevent men like Trump from staying in business, let alone acquiring political power. The truth is that many of these equally important American institutions failed a long time ago. Trump is not the cause of their failure. He is the result.

Nearly 40 years ago, in 1980, Trump employed 200 illegal Polish workers to destroy the Bonwit Teller department store, a historic building on Fifth Avenue, to make way for what would become Trump Tower. The men earned half the union wage and worked 12-hour shifts without hard hats; at one point, their contractor stopped paying them. Eventually they sued. In 1998, Trump paid $1.375 million to settle the case.

Trump broke immigration law and employment law, and he violated union rules, too. Yet neither immigration authorities nor employment regulators nor union bosses put him out of business. Why not? Why were the terms of that settlement kept confidential? Why, with his track record, was he allowed to get a casino license? Building permits? Wall Street banks did, it is true, stop lending to him. But when he began looking abroad for cash — doing extremely dodgy deals in Georgia and Azerbaijan, for example — no one stopped him.

She's right. A country with functioning legal institutions would have stopped this guy long ago. The Russian government has had so much success undermining our faith in democracy because we'd already eroded it ourselves.

The state of American craft brewing

The Chicago Tribune reported today that the largest craft brewer in the United States is now...AB InBev, AKA Anheuser-Busch:

Between 2011 and 2017, Anheuser-Busch bought 10 breweries from coast to coast, beginning with Chicago’s Goose Island Beer Co. and ending (for now) with Wicked Weed Brewing of Asheville, N.C. In between, it picked up breweries in Oregon (10 Barrel), Virginia (Devils Backbone), Seattle (Elysian), Los Angeles (Golden Road), Houston (Karbach) and the metro areas of Phoenix (Four Peaks), Denver (Breckenridge) and New York City (Blue Point).

Anheuser-Busch’s shopping spree appears to have paid off. Last month, industry newsletter Beer Marketer’s Insights reported that the beer giant has surged past Boston Beer and Sierra Nevada in 2018 to become the nation’s top craft beer company in terms of dollar sales.

To be clear, Anheuser-Busch’s craft beer supremacy exists in one very specific metric at the moment; IRI tracks sales in grocery, big box, drug and convenience stores. When factoring in draft and liquor store sales, Beer Marketer’s Insights estimates that Boston Beer remains ahead of Anheuser-Busch in terms of both volume and dollar sales. But the passing of that torch is all but an inevitability during the next year or so.

However, it’s not all good news for Anheuser-Busch’s craft effort.

Its lead horse, Goose Island, had a rough 2017, and 2018 is proving just as difficult. In early August, the Goose Island portfolio was down double digits across the previous three months....

I've said before, part of craft beer's appeal is that it comes from actual craft breweries. And big beer companies don't actually like craft beer—because they can't compete with them.

So, mazel tov to InBev, but I'm going to stick with Revolution, Dovetail, Begyle, and Empircal, all of which brew within a 10-block radius of my house.