2022-05-19
Worthy
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The Cantillon Effect and Stock Market Crashes
This is no way to run a country. In a society with a coherent social vision, people would get rich investing in baby formula production, or medical dye, or generic pharmaceuticals, all of which are in shortage. But instead, money has been flooding into cryptocurrencies, weird obvious scams like SPACs, and a manic art market. Christie’s, for instance, just sold a famous Andy Warhol painting, a 1964 silk-screen of Marylin Monroe. The work went for $195 million to an anonymous bidder, which is the size of the annual budget for a small city, like Norman City, Oklahoma. When baby formula is in shortage and art markets are insane, the economy has clearly become the byproduct of a casino. (I suspect there’s probably some form of collusion here, of auction houses, high-end museums, and billionaires, to keep prices high, but the point stands.)
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Voyager 1 is sending back data from interstellar space that's mystifying NASA
e readouts from the attitude articulation and control system, which control the spacecraft's orientation in space, don't match up with what Voyager is actually doing. The attitude articulation and control system, or AACS, ensures that the probe's high-gain antenna remains pointed at Earth so Voyager can send data back to NASA. So far, the Voyager team believes the AACS is still working, but the instrument's data readouts seem random or impossible.
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More people would rather sleep with their pet than their spouse.
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MI officials fast-track bridge fix after man says it 'collapsed under my feet' | Hacker News
UFO
Horseshit
celebrity gossip
Rank Propaganda / Thought Policing / World Disordering
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Biden's 'Disinfo' Board Paused As 'Scary Poppins' Resigns | ZeroHedge
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"Fact Check" WHO health regulations don’t infringe on US decision-making
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MAD VAX, YO: Buffalo Shooter Was a left-leaning COVID Nazi, Wore Hazmat Suit to School
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Two Authoritarian Leftist Killers Committed Mass Shootings This Week, Media Silent
Abortion
COVID / VaxCult
Culture War / Tribal / Re segregation
Edumacationalizing / Acedemia Nuts
Media / ShowBiz / Advertising
Crypto con games
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The Crypto Cult of Do Kwon: ‘If It Was a Ponzi Scheme, They Did a Good Job’
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TerraUSD Crash Could Speed Up Crypto Regulation, Binance.us CEO Says
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The cryptocurrency sell-off has exposed those swimming naked
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NK scammers are posing as American job candidates to infiltrate crypto startups
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What Does It Mean To Be A “Good-Faith Skeptic” & When Is “Bad-Faith” Warranted | Hunter Walk
Economicon / Business / Finance
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Lehman Brothers’ Collapse: The Bankruptcy That Took over a Decade to Unwind
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Vast Swath of US at Risk of Summer Blackouts, Regulator Warns
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Overhead doors: Hourly workers to receive $20k-$800k each in private equity factory sale
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Gas stations in Washington reprogram pumps to prepare for $10-a-gallon fuel
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JPMorgan shareholders vote down pay bump for CEO Jamie Dimon
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YC advises founders to ‘plan for the worst’ amid market teardown | TechCrunch
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Cisco stock plunges as company forecasts surprising revenue decline
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Melvin Capital, hedge fund torpedoed by the GameStop frenzy, is shutting down
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Fed’s Esther George said the focus now is fighting inflation, not stock prices
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Global Economy Loses $1.6T as World Struggles to Avoid a New Cold War
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Future of Work: ‘The office as we know it is over,’ Airbnb CEO says
Shortages
Gubmint / Poilitcks / Law Making
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"The Invasion Of Iraq... I Mean Of Ukraine" - George W. Bush Makes Mother Of All Gaffes
In the most amazing and well-timed Freudian slip we've ever seen, former President George W. Bush denounced the "wholly unjustified and brutal invasion of Iraq" during an event in Dallas on Wednesday. "The result is an absence of checks and balances in Russia, and the decision of one man to launch a wholly unjustified and brutal invasion of Iraq," Bush said, before quickly catching himself, shaking his head to then say: "I mean, of Ukraine."
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GOP-Led Legislation Would Force Breakup of Google’s Ad Business
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You Pay Super-High Taxes. You Deserve Nice Things. Why Don't You Demand Them?
Hunter
Law Breaking / Police / Internal Security
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Shkreli released from prison to halfway house after serving under 5 of 7 years
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SEC in-house judges violate right to jury trial, appeals court rules
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NY Attorney Launches Investigations into Social Media for Role in Buffalo Attack
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80 ‘Suspicious Actors’ Under Scrutiny by Jan. 6 Defense Attorneys
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Clinton campaign lawyer charged in Durham probe seeks mistrial
External Security / Militaria / Diplomania
World
Health / Medicine
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Tuberculosis Is the Oldest Pandemic, and Poverty Makes It Continue
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What is monkeypox, the rare virus now confirmed in the U.S. and Europe?
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Why are We Basing Food Policy on Black Box Data?
about a $380 million, influential study backed by the Gates Foundation, which is informing global health policies yet turns out to be producing highly unreliable numbers on the health risks of foods—red meat, especially. The study authors acknowledge that some numbers in a recent paper were inaccurate, yet they do not plan to correct or retract the paper.
Environment / Climate / Green Propaganda
Ukraine War
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Hacktivists are spam calling Russian officials and they want your help
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Google's Russian subsidiary to file for bankruptcy after bank account seized
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Regime Media Refuse to Call Mass Surrender of Azov Fighters Holed Up in Azovstal Plant a Surrender
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Ongoing Surrender "On Far Bigger Scale Than Kyiv Has Acknowledged" At Azovstal | ZeroHedge