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America’s government-backed mortgage system
60-70 percent of US mortgage origination comes with some kind of government backing.
Source: Urban Institute
Rather than the 2008 Global Financial Crisis, we should really call it the North Atlantic Banking Crisis
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Billion-Dollar Irish Mafia
Daniel Kinahan, one of the world’s most wanted drug lords, was already feeling the heat as this year began — and not from the sun beating down on his luxury residence on Dubai’s exclusive Palm Jumeirah. Two of the Irishman’s partners in the “super cartel” that Europol accuses of controlling a third of Europe’s cocaine trade were behind bars, along with the top UK-based lieutenant in his drugs empire that Irish police estimate is worth €1bn.
Source: FT
Catching up with the Future
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Clausewitz on the concept of Schwerpunkt from Bruce Gudmundsson’s military history newsletter
The shooting restarted in Congo in 2022 and we shold be paying more attention
Global Arms Sales
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Beatrice Wood aka “Mama of Dada”!
Beatrice Wood died in 1998 at the age of 105. Her life was fantastic, if implausible in the details that made it so, seemingly even to her (she titled her 1985 autobiography I Shock Myself). While she was dubbed the Mama of Dada for her involvement with Henri-Pierre Roché and Marcel Duchamp—with whom she formed the Society of Independent Artists and published the journal The Blind Man—it was nevertheless the ceramics she made beginning in the 1930s, after moving to Los Angeles in 1926, that have been the subject of more recent recuperation.
Sources: Mama of Dada and Art Forum
C.Wright Mills on John Dewey
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