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LyrArc brings in selected articles from many of the world's top publications.

Articles are selected by experts and you can see the gist of the important articles.


NYTimes.com Original article ›
LyrArc Article Gist
Republicans have supported less regulation. After the 2009 financial crisis with faulty mortgages and excessive leveraging one would expect that there would be a shift among Republicans favoring necessary regulation of banks. This did not happen after the Obama administration failed to articulate a new culture after 2009 and lost control of Congress in 2010 by as much as 64 seats in the House 6 in the Senate, and in all demographic and income groups. The result was that the 2009 crisis changed some laws but not the culture of laissez faire that less regulation was better for the economy. It is left to president Biden to tackle this problem of culture and the Silicon Valley Bank clearly shows that the parts of the Republican and Democratic parties that support less regulation even where the regulation is essential for a good economy for workers and families, are self serving. No where is this culture of laissez fairre in its other manifestation in not planning for the US manufacturing base to be strengthened by government action more evident than in the way it has prevailed to turn a blind eye to not just sending manufacturing overseas, but over concentrating it in one country China with additional supply base from Japan into China. This is the challenge that the country faces- only if the culture or mindset changes will laws have the needed impact.  This report in the NYT shows that when president Trump appointed Randall Quarles to vice chair of banking supervision in 2017, Congressmen both Republicans and Democrats believed that less supervision was better for the economy. Democrats such as Congressmen Barney Frank were themselves part of the new culture when Frank joined Signature Bank's board in 2015, one of the banks that along with SVB bank caused the banking crisis of 2023. Its association with risky crypto assets is considered by the WSJ as being one reason the government decided to close it. Frank did not see this aspect of its risk insisting that the bank was in sound condition.  This culture is also manifested in its approach to the cost of living crisis and support for workers and families. The Biden administration sees the problem of culture and of clearly making the changes that create a new culture, and a new understanding of what is right for America, for its economy and for its role in the world, and best for its people.   ...
Washington Post Original article ›
LyrArc Article Gist
Based on this Washington Post sample of reader views on the presidential Debate, 4 of 5 readers in the sample are critical of the way the Post, NYT, WSJ are acting against the elected and popular transformative president of the US. What do Washington Post readers think of the way media magnates running Post, NYT, WSJ are trying to run the country in the face of a elected president who remains popular for the action he has taken on cost of living, climate change, manufacturing jobs, factories and supply chains, and is investing trillions of dollar in renewing America's manufacturing, Chips and science, and Infrastructure? Their campaigns are there for all to see against the president, even as the British election shows Keir Starmer of Labour saying "from 20 points behind to 20 points ahead," achieving a landslide even with only 2% increase in votes since 2019. Starmer too was written off just twelve months ago. The first letter is from Little Rock stating the Post, NYT, WSJ position. The second is from Linda Barnes of Ashland, New Hampshire, who faults the Post for not having the headline about "Disastrous debate performance by Trump who failed to answer most questions and lied relentlessly." Lauri Costello of Las Cruces, New Mexico, says every American would have benefitted from an in depth analysis of the debate rather than a focus on how each debater looked and spoke. Diana Hasuly of Ashburn, Virginia, says the debate was an opportunity to see two men's perspectives about the future of America, and the Post had done a great disservice to America, as have the NYT, WSJ and the Media in general, by not spelling what each man was offering America for the future. To take just three Climate change, manufacturing investment and jobs, infrastructure spending, Biden is getting so much done and has the plan for 2030, the former president has none, simply none and did not talk about this. Mark Parkhurst of Silver Spring, Maryland, says of the June 28 front page in the Post that the Post uses "falshoods" not "lies" when a lie needs to be called a lie from the former president. And says to be fair the Media needs to point out the actual achievements of president Biden not dwell on MAGA rhetoric. Is the Post or the Media in general overreaching, is it listening? What would Washington, Lincoln or FDR say?   ...
Washington Post Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
Peggy Noonan reflects on the deep changes taking place in America. Behind the changes is a strong feeling in the middle and working class that it has been ignored by the establishment in both parties. She points to Citizens United and says it is bad for the Republican Party, encouraging large donors and hedge fund billionaires, making the party less accountable to ordinary people. The Clinton's fundraising also raises similar questions. Trade policies depressing wages have worked against the working class, yet espoused by politicians of both parties. The young supporting Sanders, she says have seen little to show capitalism is working for them. Institutions such as Congress, the presidency, the political class, the Supreme Court, the media, are all in an uncertain position, as voters lose faith in the ability of these institutions to work for them. Yet she points out that it is important that the U.S. voters choose wisely- keeping in mind the importance of electing someone who can demonstrate goodness and a sound mind- not obscuring the questions about Trump. Uncouth language, uncouth behaviours reflect sense and sensibilities, it matters a lot, Peggy Noonan tells the Republican Party and America....
BBC News Original article ›
LyrArc Article Gist
A report by the Longevity Science Panel for the UK says the life expectancy gap between the richest and poorest neighborhoods in England has increased since 2001. In 2001 this was 7.2 years, by 2015 this increased to 8.4 years. The government points to cancer rates, the Longevity Science Panel report authors say income inequality was the main factor. To do this report LSP looked at data from the Office for National Statistics for 2015, which divided England into 33,000 residential areas and rated them on factors ranging from income levels, health, education and crime. This report points out that men and women from the bottom fifth were 80% more likely than the top fifth to die in any given year. 

Trump and the Also-Rans

Wall Street Journal Original article ›
LyrArc Article Gist
This editorial in the WSJ says one of the mysteries of the Republican campaign primaries of 2016 is why each candidate, Cruz, Rubio, Kasich, Christie, and Carson, all took on each other and not Trump- in the process leaving Trump to be "winning, winning, winning."
Wall Street Journal Original article ›
LyrArc Article Gist
The situation for the day before the Iowa caucuses on Feb. 1, 2016, with voter turnout playing a key part in the election primary.
WSJ Original article ›
LyrArc Article Gist
A former mayor of Mexico City wins the election for president in 2018 with 53% of the vote. Obrador's margin was over 30% over Ricardo Analya of PAN party who had 22.5%, and ruling PRI's Antionio Meade with 16%, with 72% of votes counted according to Mexico's election agency. Issues in this election were corruption, with many corruption scandals for ruling PRI under president Nieto, and failure to maintain rule of law. The last time that a president won this size margin of victory was in 1982. Morena as Obrador's party is called, won 306 of 500 seats in the lower house of parliament and 70 of 128 seats in the Senate, winning majorities in both houses of parliament. It also won 4 of 8 state governor races and the Mayor's office in Mexico City. FOr the first time since 1997 one party will control both houses and Mexico City. Obrador formed his own party after leaving the PRD party, calling it The Movement for National Regeneration. Most Mexicans were highly disturbed by the violence and corruption that prevailed in local administration under president Nieto's PRI government. The PRI's dominance in Mexican politics is now broken. Obrador says he will work to put more emphasis on helping the poor in Mexico in framing his policies, distancing himself from the politics of the PRI which had distanced itself more and more from grassroots and ordinary workers in Mexico. This means adapting the free market economic model to suit Mexico's own conditions, the differences between northern and southern Mexico, and pushing for more worker friendly policies. It also creates more room for agreement with the U.S. as both Mr. Trump and Mr. Obrador agree on raising labor standards and wages for factory workers in Mexico ...

Why India avoids alliances

The Economist Original article ›
LyrArc Article Gist
This Economist article looks at India-China relations and the Wuhan Summit between prime minister Modi and president Xi Jinping. It sees India's reluctance to follow a containment strategy in an historical light from the period in which India followed a non-alignment policy in the early post independence period under prime minister Nehru. During the period of the Eisenhower administration with Secretary of State John Foster Dulles India adhered to a strict nonalignment policy avoiding choosing sides in the Cold War. As a result U.S. policy tilted towards Pakistan during the Eisenhower administration. A balance was restored under president Kennedy, with Adlai Stevenson a close friend of India.  The short Sino-Indian war of 1962 led to a situation in which the U.S. backed India and improvement of relations. A semblance of non-alignment in foreign relations continued under Nehru's daughter Indira Gandhi. By 1990 with the opening of the Indian economy to foreign investment, the collapse of the Soviet Union, and the integration of China into the global economy, a new period of good bilateral relations with the U.S. and Europe was maintained. In 2017 the potential for a conflict in Doklam, Bhutan revived fears from 1962 in India. In 2018 After the U.S. administration of Donald Trump and Trade Representative Lighthizer imposed trade tariffs on China and restrictions on export of advanced technologies China pursued a policy of conciliatory relations with India. China's relations also improved with Japan and South Korea as the U.S. policy was unanticipated and seen as a significant change that would seriously affect China's economy. India's response was to pursue a policy of good relations with China and the U.S., even as the economies of the U.S. and India were drawn closer in India's pursuit of modernization.  ...
WSJ Original article ›
Congressional Budget Office Original article ›
LyrArc Article Gist
To get a right grasp of the situation as a whole from the bigger picture than the headlines, is to know that even in the current chaotic immigration handling of both parties, the US comes out a winner in long term by 2034. That it gives for the younger generation a better future. Congress's Budget Office economic report shows GDP higher by 2% from the higher immigration of 5.2 million added to the US workforce by 2034. US productivity higher by 0.2% and residential investment including construction up by a whopping 10%. The younger profile of immigrants will help the US compete with India's younger population, and as China ages to have what it and Europe is aspiring to have- a younger population. The best way to look at the immigration issue is for the short term- manage it better by organized method of immigration without chaotic border crossings by allowing potential immigrants to apply from their home country, a step taken by the Biden administration. What it or any Republican administration could not control is the immigration that happens from countries the US is at war with or in conflict with. It is important to recognize that this is what happened with Venezuela the largest component of the immigration border crossings in 2023. It was made worse by actions of both parties Democrats and Republicans and made worse in 2017 by more severe sanctions on Venezuela under the Trump administration.  Also part of the problem is Venezuelan mismanagement- providing oil at pennies a gallon, hurting imports and spiralling inflation that only worsened under US sanctions after 2017. Long term- To reflect that US sanctions on top of mismanagement by Venezuela is a warning for all developing countries in Latin America, Africa, Asia and for the US. It meant 7 million refugees a staggering quarter of Venezuela's population fleeing the country, that burdened neighbors Columbia, Ecuador, Peru, Chile. By 2022-2023 many of these refugees were making their way up the Darien Gap to the US. Yet within this tragic situation for Venezuelan people how could the US best respond is to close the border as president Biden has proposed with McConnell and the Lankford effort in the Senate, which was blocked by the House under Mike Johnson. This gives time to assess the situation, correct US laws on asylum and parole that allowed this chaotic way to proceed under actions of both parties.And not let this destabilize the US by understanding that while Venezuela has suffered for its role in the crisis the US will ultimately have come out a winner, as pointed out by the Congressional Budget Office projections. CBO projections of this immigration impact by 2034 of increasing the workforce population by 5.2 million will provide higher GDP, more tax revenues, and higher productivity than without this group of Venezuelan and other immigrants in this special situation of 2022-2023. For the Immigration projections discussion given by Phillip Swagel, Director of the Congressional Budget Office see page 51 of the Budget and Economic Outlook 2024 to 2034. For this search for term Congressional Budget Office or CBO which brings up the report on PDF and turn to page 51 or just click on Original Article on Lyrarc.   ...
dw.com Original article ›
WSJ Original article ›
YouTube Original article ›
LyrArc Article Gist
See the president address the nation on his 50 years in office, and handing the torch to a new generation, to younger voices.

"Benjamin Franklin was asked whether America will be a monarchy or a Republic he said ; 'A Republic if you can keep it. If you can keep it.' "

NYTimes.com Original article ›
LyrArc Article Gist
History is in your hands,” Mr. Biden tells the nation on July 24, 2024. “The power is in your hands. The idea of America lies in your hands. We just have to keep faith, keep the faith, and remember who we are.”

Washington Post Original article ›
LyrArc Article Gist
All the pent up energy after the uncertainty of the last couple of weeks and the Democratic party held up, then the energy burst into the open, one adviser said it was going bonkers, it was intense- 250 million was raised in 36 hours, most of it from new donors, and 58,000 new volunteers to join in the campaign for Kamala Harris. Nothing like this has been seen in modern times.

NYTimes.com Original article ›
LyrArc Article Gist
The president telling Kamala "go for it kid. I love you.," and Kamala saying "I love you." The president saying that he is all in this campaign. The staff in Wilmington, Delaware grasped the emotion of the moment, and what it means for America. It may not be fully understood but it serves well the moment and this time in American history- there are now two candidates for president, Biden as the honorary unofficial presidential nominee, Kama as officially presidential nominee, and the to be selected nominee for vice president, not two but three in that team for the first time in American history- all inseparable to take head on the dangers to America's democratic institutions that George Washington by paying so little attention to himself, that Jefferson and Adams, TR, Wilson and FDR fought to protect through 2 World Wars, dangers from social media and television degenerated divisiveness. Katie Rogers tells the story of how on one summer afternoon in July, on July 22, 2024, the Biden campaign was converted into the Harris campaign all the way down to the memes popularity for Kamala. The president's call "to embrace her," the Biden staff with little time to express their emotions, all staffers in Wilmington become Harris staffers knowing also the deep loyalty that Kamala Harris had shown throughout the long weeks for Biden, and her strong feelings for being on the president's team. ...
Washington Post Original article ›
NYTimes.com Original article ›
LyrArc Article Gist
You think you just fell out of a coconut tree?”  Harris mother told her when she was growing up. Vice President Kamala Harris said last year with a sense of humor and even a folksy philosophical sense. “You exist in the context of all in which you live and what came before you.” The way Kamala said or its deeper meaning has set this off for a thousand memes on the internet for Kamala fans. KHive refers to 2 groups of fans the earlier ones many of them women  when she was senator, and the later ones who learned about her passion for the issues relating to a better life for workers and families across these 51 states. Now there is a Kamala fervor on the internet. Harris campaign is also working itself into this fervor instinctively. Though no one may realize this not even Kamala herself there is a sense of Gandhi in this. Her grandfather and mentor was a civil servant who was raised in the Gandhian tradition of public service unmatched anywhere in the world for its dedication and determination for knowledge and for freedom. ...
NYTimes.com Original article ›
LyrArc Article Gist
For Kamala Harris cooking is a form of meditation, the kitchen a place to relax. Kim Severson shows this side of Harris who may even carry the tradition of cooking Sunday dinner into the White House. Looking back no one comes close. Kamala loves to cook, hopes to write a cookbook, has her favorite cooking experts, such is her passion for cooking.

Washington Post Original article ›
LyrArc Article Gist
Kamala Harris at the Kavanaugh hearings during confirmation hearings for the Supreme Court for Brett Kavanaugh. She was senator from California on the Senate Judicairy Committee. In an ardent, clearly comprehending, and mindful voice Harris asked Kavanaugh :

“Can you think of any laws,” she asked the nominee, “that give the government the power to make decisions about the male body?” Kavanaugh was speechless.

WSJ Original article ›
LyrArc Article Gist
WSJ Editorial talks about so called "spending blowouts" of the Democrats in 2024. Are Republicans saying let the roads, bridges, airports, built in the 1940-1960's heyday of American industrialization as China and India's is now, let them crumble? What do the educated minds of the WSJ Board say about coal in China and India and their effects on their massive use multiple times that of US and EU in history, is it not damaging to the environment? And why the Chinese realized the health in North China with coal winter use was worse than in South China cut their coal use. Are they saying lets burn fossil fuels and ignore, and if investment has to be made in solar who is going to do it? Is it OK for Republicans that we just import from China all our solar panels indefinitely into the future? "Green New Deal" is just a perjorative term, policy has to be made thoughtfully and without prejudice or bias of any sort for the best that we can do for the American people, ignoring so called "right" or "left." Doing what is right, what makes sense, is a lot harder.   ...
WSJ Original article ›
The Guardian Original article ›
LyrArc Article Gist
Harris passes 2668 delegates support as Democratic nominee for president, passing the required 1976 delegates needed. "I am watching you kid, I love you," Biden tells Harris.

Washington Post Original article ›
LyrArc Article Gist
  Biden this day July 22 told his campaign staff in Wilmington, Delaware, that he would be “working like hell” to campaign for Harris. “We’re still fighting in this fight together,” said Biden “I’m not going anywhere. And I want you to know … you’ve always had my back. And I promise you, I will always have your back.” O'Malley Dillon will still head the campaign for Harris as she did for Biden. And Julie Chavez Rodriguez whom Biden had as campaign manager will also do the same for Harris. On Monday the staff greeted Kamala Harris and the second gentleman Doug Emhoff. Harris told them: “I have full faith that this team … will be the reason we win in November.”  ...

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