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A Depressing Denouement

I find it very depressing that the only thing everybody is talking about when it comes to yesterday's Euro 2020 final is, as always, racism.

Millions of people all over the world watched and enjoyed the match. It was tough, tense and exciting. Somebody has to win, somebody has to lose. It's always painful to be on the losing side, particularly at the end of a very closely fought contest. Deciding tournament finals by penalty kicks seems particularly egregious. I am not sure why the football authorities decided on this remedy. Why can't competitors go on playing until there is a clear winner? It's what happens in other sports--baseball and tennis immediately spring to mind.

Be that as it may, that's what the football authorities decreed. Yesterday's final, like many other finals, was decided by the dreaded penalty kicks. What happened is what always happens: The team with nerves of steel prevailed. England, as is often its wont, failed at the crucial penalty stage--and Italy won out. Still, Italy failed on penalty kicks in the 1994 World Cup Final, with its star player Roberto Baggio missing the crucial final kick. It happened also to Chelsea captain John Terry in the 2008 UEFA Champions League final. So, everybody has had his share of disappointments. That's the way it goes in sport. You accept it, and start planning for the next tournament.

But that's not the way England has taken it. National hysteria has today taken hold of the country, but a hysteria of a peculiar sort. What's happening in England now is repugnant. Politicians and media and Internet worthies are demanding that the nation undergo self-laceration over its racism. Why? Well, we are told that black England players--particularly the three who missed their kicks--have been subjected to racist abuse since last night.

That may well be true. I haven't looked on social media, and don't particularly want to. I try to avoid reading stupid abusive comments. However, stupid abusive comments are part-and-parcel of the Internet. People hide, and have always hidden, behind anonymity. It enables them to be as insulting, as nasty and as threatening as they like without facing any consequences. There is no reason to pay any attention to people too cowardly to use their own names when hurling insults at others.

The proper response to the racist abuse would have been to dismiss it as too pathetic and worthless to merit serious attention. Instead, through the intervention of Boris Johnson, Prince William and the rest of Britain's buffoonish Tory government, stupid comments made by stupid people (many probably children or teenagers), something idiotic has been elevated into a national and even international crisis. Instead of celebrating a great sporting contest and a fine England footballing performance (the best in more than 50 years), the country and the world is talking, once again, about racism.

Twitter, according to this story in "The Hill" has taken down 1000 racist tweets. 1000! Let's see. Tens of millions of people around the world watched the match. 1000 tweets is a statistically insignificant number. Yet the story, as far as the media and the politicians are concerned, is these 1000 tweets. Our media-political class is truly pathetic.

https://thehill.com/policy/technology/562527-world-disgusted-by-racist-abuse-toward-players

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TG 2088: U.S.-Israel War On Iran Day 16: Asymmetric War Gets Evermore Asymmetric

George Szamuely and Peter Lavelle discuss Day 16 of the U.S.-Israel War On Iran, and conclude that, while the United States has gone through plans A, B and C, Iran has so far stuck to its strategy of inflicting as much pain as possible on its adversaries.

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TG 2087: U.S.-Israel War On Iran Day 14: Is There Any Way To Get Out Of This Mess?

George Szamuely and Peter Lavelle examine how the war that the United States and Israel launched against Iran 13 days ago is going, and wonder whether there is any way it can end without escalating into a world war.

01:31:47
International Committee To Defend Slobodan Milošević

This is the news conference from Belgrade, March 10, 2026. Unfortunately, almost all of it, with the exception of George Szamuely's contribution, is in Serbian.

01:56:42
The Putin-Clinton Conversations

Vladimir Putin and Bill Clinton discussed removing Slobodan Milošević from power 20 years ago. This is a sad read. Putin did as little to help Milošević (the man who withstood 11 weeks of NATO bombing) as he did 14 years later Viktor Yanukovych.

https://amp.meduza.io/en/feature/2020/10/08/the-regime-changers

Monday Night At The Movies

Please choose which one of the following 8 movies you would like to have screened next Monday, March 9.

The theme is "Coups and Military Dictatorships."

Please continue to vote after March 9, so that we can determine the runner-up. The runner-up will be screened on March 16.

This is absolutely insane:

Prior to the Iran war, US oil companies were generating ~$62 billion in annual free cash flow with oil prices at $55/barrel.

Now, with oil prices at $100/barrel, US oil companies are expected to generate $163 billion in annual free cash flow, if current prices are sustained.

In other words, US oil giants are set to rake in an additional +$100 BILLION in free cash flow per year if oil prices remain elevated.

We are arguably witnessing the most profitable market conditions in history for US big oil. https://x.com/KobeissiLetter/status/2032977830234214487?s=20

January 21, 2023
More Leftie Than Thou
"Jacobin" Magazine Celebrates A Strike Against Ol' Blue Eyes

Here at "The Gaggle" we have very little time for the "more Leftie than thou" school of thought--that's the approach to life according to which the only thing that matters is whether you take the right position on every issue under the sun from Abortion to Zelensky. No one in the world meets the exacting standards of this school of thought; any Leftie leader anywhere is always selling out to the bankers and the capitalists. The perfect exemplar of this is the unreadable Jacobin magazine. 

The other day I came across this article from 2021. It's a celebration of trade union power. And not simply trade union power, but the use of trade union power to secure political goals. Of course (and this is always the case with the "more Leftie than thou" crowd), this glorious, never-to-be-forgotten moment on the history of organized labor took place many years ago--in the summer of 1974 to be exact. Yes, almost half a century has gone by since that thrilling moment when the working-class movement of Australia mobilized and prepared to seize the means of production, distribution and exchange. 

Well, not quite. Organized labor went into action against...Ol' Blue Eyes, the Chairman of the Board, the Voice; yes, Frank Sinatra. Why? What had Sinatra done? Sinatra was certainly very rich, and he owned a variety of properties and businesses. But if the Australian trade union movement were, understandably, searching for the bright, incandescent spark that would finally awaken the working class from its slumber there were surely richer, greedier, more dishonest, more decadent, above all more Australian individuals it could have discovered. Australia was never short of them. Rupert Murdoch immediately springs to mind. Why Sinatra?

 

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