sources

Some Business News (Mind the Gap)

This is just one of those bits of news that feels important:

ReutersWal-Mart Stores Inc (WMT.N) is running a new price-comparison test in at least 1,200 U.S. stores and squeezing packaged goods suppliers in a bid to close a pricing gap with German-based discount grocery chain Aldi ALDIEI.UL and other U.S. rivals like Kroger Co (KR.N), according to four sources familiar with the moves.

Wal-Mart launched the price test across 11 Midwest and Southeastern states such as Iowa, Illinois and Florida, focusing on price competition in the grocery business that accounts for 56 percent of the company’s revenue, said vendor sources with direct knowledge of the matter who did not wish to be identified for fear of disrupting business relations with Wal-Mart.

Wal-Mart’s tests are aimed at finding the right price point across a range of products that will attract more shoppers, and then adjusting prices as needed.

(Bose)

(more…)

Congressional Speculation

Congressman Paul Ryan, the Republican vice presidential candidate, does a sound check during the third day of the Republican National Convention in Tampa, Florida. Ryan delivered his speech at the convention Wednesday night, 29 August 2012. (Chip Somodevilla/Getty Images)

“One senior GOP aide familiar with discussions between leadership and the Freedom Caucus used Dante Alighieri’s description of hell in ‘The Divine Comedy’, with its varying concentric circles, to describe the HFC. No candidate will get to the innermost circle. But Ryan could pick off a lot of members on the outer rings.”

Matt Fuller

The upshot here is that the idea of static or patterned chaos, which really does sound somewhat counterintuitive until you do the thing with a triangle and dice, but in this case we mean something yet altogether different: Meet the new chaos; same as the old chaos. House Republicans seem caught up in some sort of loop, waiting for Ryan while trying to deliberately ignore the gigantic question mark they keep glancing aside in hopes of checking.

Matt Fuller of Roll Call explains:

If the HFC, after largely taking credit for pushing out Speaker John A. Boehner, R-Ohio, and blocking the ascension of Majority Leader Kevin McCarthy, R-Calif., is seen as having scuttled a Ryan speakership, the divide between the ultra-conservative group and the rest of the conference could become even more unmanageable.

Without Ryan, the speaker’s race threatens to turn into a free-for-all. On Tuesday, there were at least a half dozen new names of Republicans quietly testing the water for runs of their own, including a couple of Texans (Reps. Bill Flores and Michael McCaul), the wealthiest man in Congress (Rep. Darrell Issa) and a woman, Tennessee Rep. Marsha Blackburn ....

.... Sources close to Ryan say the 2012 GOP vice presidential nominee has no intention of putting up with an insurrection on his right flank. If Ryan agrees to take the speakership, he will tell colleagues he’ll only do it with all of their support. What’s more, he is making no promises about overhauling the process, shaking up the Steering Committee or any of the other concessions being floated by conservatives.

If that’s Ryan’s position, there will almost certainly be Republicans who will oppose him. And then conservatives will have a choice of their own. They can either hold fast to their procedural demands, or they can get on board with a Ryan speakership.

In truth, Mr. Fuller’s running commentary about sources is much more enlightening. After all, Congress is Congress, and reporters are merely human. Every little piece, you know? It’s not just the stories they tell, but also whether or not we are capable of understanding them. In communicative relationships, the burdens of transmission are much more apparent than the obligations of actually being able to receive.

____________________

Image note: Detail of photo by Chip Somodevilla/Getty Images.

Fuller, Matt. “Oh, and another thing I noticed”. Twitter. 13 October 2015.

—————. “Ryan’s Choice and the House Freedom Caucus Fallout”. 218. Roll Call. 13 October 2015.