2021-06-22
Worthy
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Why Elon Musk is so rich – O’Reilly
Why is Elon so rich? The answer tells us something profound about our economy: he is wealthy because people are betting on him. But unlike a bet in a lottery or at a racetrack, in the vast betting economy of the stock market, people can cash out their winnings before the race has ended.
And that, it turns out, is also one underappreciated reason why in the modern economy, the rich get richer and the poor get poorer. Rich and poor are actually living in two different economies, which operate by different rules. Most ordinary people live in a world where a dollar is a dollar. Most rich people live in a world of what financial pundit Jerry Goodman, writing under the pseudonym Adam Smith, called “supermoney,” where assets have been “financialized” (that is, able to participate in the betting economy) and are valued today as if they were already delivering the decades worth of future earnings that are reflected in their stock price.
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U.S. Power Reliability: Are We Kidding Ourselves? | T&D World
“The average U.S. customer loses power for 214 minutes per year. That compares to 70 in the United Kingdom, 53 in France, 29 in the Netherlands, 6 in Japan, and 2 minutes per year in Singapore. These outage durations tell only part of the story. In Japan, the average customer loses power once every 20 years. In the United States, it is once every 9 months, excluding hurricanes and other strong storms.
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The Most Dangerous Censorship - Continuing Ed — with Edward Snowden
- HN comment:
I wonder how Snowden reconciles his position on self-censorship with his current country of residence.
... he prefers Russia to "suicide" in an American jail, and this is supposed to negatively impact his credibility?
etc
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Political trolling twice as popular as positivity, study suggests
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Press Release Helion Energy Achieves 100m°C Fusion Fuel Temp and 16-Month Continuous Operation
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Sightings Of A Strange Spiral In The Skies Over The Pacific Explained | IFLScience
“Several witnesses in Yaté, Thio, La Tontouta and in Vanuatu saw this strange phenomenon. We have no explanation, but we are far from being specialists in this kind of phenomenon. Based on our initial research, the only similar but even more dramatic phenomenon is the Norway Spiral in 2009.”
Culture War / Re segregation / Identdoctrination
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Woke, Inc: Why I'm blowing whistle on how corporate America is poisoning society
The antidote isn’t to fight wokeness directly. It can’t be, because that’s a losing battle. The true solution is to gradually rebuild a vision for shared American identity that is so deep and so powerful that it dilutes wokeism to irrelevance, one that no longer leaves us susceptible to being divided by corporate elites for their own gain.
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The incel lexicon: Deciphering the emergent cryptolect of a global community
Inceldom is part of a larger misogynist ecosystem, called the ‘Manosphere’ [8, 9]. In addition to incels, the Manosphere is comprised of Men’s Rights Activists, Men Going Their Own Way (MGTOW), and Pick-Up Artists (PUAs).
TechSuck
Economicon
Poilitcks
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Supreme Court says over 200 patent judges were improperly appointed
The decision is narrowly tailored: the board and the judges' appointments to it are fine, so is the process to make the appointments. That makes the literal headline on the story nonsense.
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U.S. Commerce Department rescinds TikTok, WeChat prohibited transactions list
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Congress isn’t happy about SpaceX’s lunar lander and may vent this week
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Biden endorses bill to end sentencing disparity for crack and powder cocaine
But it's a shift from decades ago, when Biden spearheaded efforts to pass the legislation that implemented the disparities in the first place.
Security / Militaria / Crime / Police
World
Health / Medicine / COVID
Environment / Climate / Green Propaganda
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Tasmanian devils kill every penguin on tiny Australian island
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When an Eel Climbs a Ramp to Eat Squid from a Clamp, That’s a Moray
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We Need to Manage a Careful Retreat From Climate Change, Scientists Urge
Managed retreat is the coordinated movement of people and buildings away from risks, which, in the context of climate change, are approaching from numerous fronts, including sea level rise, flooding, extreme heat, wildfire, and other hazards.