2025-01-08

not because it is easy, Tibet earthquake, Zuckerberg gives up censorship, Musk doesn't, utility LTE, USB history, Trump's crypto crash, credit reports unhealthy, rejected commutations, bird flu death


Worthy

  • ‘Give yourself a break’ is bad advice: Do difficult things!

    I envision kids watching the The Little Engine That Couldn't on their phones: "I think I can't. I think I can't. It's too hard. Climbing mountains is a vestige of white patriarchy! Look how brave I am for being able to say that I can't! I thought I couldn't!" American culture treats "successful people like they somehow cheated to get there and poor people as if they’re noble by virtue of being poor," writes John Hawkins, in another response to Vivek Ramaswamy's "culture of mediocrity" critique.

etc

Horseshit


Rank Propaganda / Thought Policing / World Disordering

Musk

Religion / Tribal / Culture War and Re-Segregation

Info Rental / ShowBiz / Advertising

TechSuck / Geek Bait

Crypto con games

  • The Great Crypto Crash - The Atlantic

    “My vision is for an America that dominates the future,” Donald Trump told a bitcoin conference in July. “I'm laying out my plan to ensure that the United States will be the crypto capital of the planet and the bitcoin superpower of the world.” Financial experts expect something different. First, a boom. A big boom, maybe, with the price of bitcoin, ether, and other cryptocurrencies climbing; financial firms raking in profits; and American investors awash in newfound wealth. Second, a bust. A big bust, maybe, with firms collapsing, the government being called in to steady the markets, and plenty of Americans suffering from foreclosures and bankruptcies. Having written about bitcoin for more than a decade—and having covered the last financial crisis and its long hangover—I have some sense of what might cause that boom and bust. Crypto assets tend to be exceedingly volatile, much more so than real estate, commodities, stocks, and bonds. Egged on by Washington, more Americans will invest in crypto. Prices will go up as cash floods in. Individuals and institutions will get wiped out when prices drop, as they inevitably will.

  • A Missing Piece of the SBF Puzzle Elm Partners

    It seems like SBF was essentially telling anyone who was listening that he’d either wind up with all the money in the world, which he’d then redistribute according to his Effective Altruist principles – or, much more likely, he’d die trying.

Gubmint / Poilitcks / Law Making

  • Some Postal Service workers stealing mail: Inspector general report.

  • Privatize the USPS? Not in an Era of Crony Capitalism - Bloomberg

    The lesson here is that talk of “privatization” per se is meaningless without elucidating which kind of privatization is under consideration. One class of privatizations, such as in Poland, is close to an unalloyed good, and economists are right to tout it. But in a large number of other cases, which are frequent in modern Western democracies, privatization works only when judiciously applied.Given those categories, what about the USPS? Under a 2018 plan, a privatized postal service would save money by delivering the mail fewer days per week and sending it to more centralized locations, rather than to people’s doorsteps. Not everyone, including many members of Congress, finds that desirable. I have questions of a different sort: Namely, how good would a newly involved private company be at manipulating the federal government to get extra delivery subsidies, entry barriers and price privileges? Maybe postal privatization can work, but it is unlikely to succeed in an environment of crony capitalism. And at least so far, that seems to be what is on tap from the Trump administration.

Trump

Democrats / Biden Inc

  • Two death row inmates reject Biden's commutation of their life sentences

    Two prisoners who are among the 37 federal inmates whose death sentences were commuted last month by President Joe Biden — a move that spares them from the death chamber — have taken an unusual stance: They're refusing to sign paperwork accepting his clemency action. Shannon Agofsky and Len Davis, both inmates at the U.S. Penitentiary in Terre Haute, Indiana, filed emergency motions in federal court in the state's southern district on Dec. 30 seeking an injunction to block having their death sentences commuted to life in prison without parole. The men believe that having their sentences commuted would put them at a legal disadvantage as they seek to appeal their cases based on claims of innocence.

  • Biden sets a conservation record, adding 2 national monuments in California

Left Angst

  • Tech Companies and CEOs' Donations to Trump, Biden Inaugurations Compared

    Trump, who returns to the White House after January 20's inauguration, has raked in substantially more money from tech companies than Biden did for his 2021 inauguration. Apple donated $43,200 to Biden's 2021 inauguration, according to a Federal Election Commission (FEC) filing that shows a list of individuals and companies that donated to his inaugural fund. Cook is not the only tech CEO who has donated to Trump's inauguration. Amazon, Meta and OpenAI CEO Sam Altman have also contributed $1 million, the Associated Press reported in December. Meta and OpenAI did not donate to Biden's inauguration, while Amazon gave $276,000, according to the FEC filing. Two companies that donated to Biden's inauguration have not confirmed any donations to Trump's 2025 inauguration. Google donated $337,500 and Microsoft gave $500,000 to Biden's inauguration, but they have not donated to Trump's this month.

    • Now do campaign contributions... not even the "in kind" stuff like suppression of Trump support; just the plain FEC reported amounts.
  • FTC Chair Khan hopes Amazon, Meta won't get 'sweetheart deal' in antitrust cases

    Federal Trade Commission Chair Lina Khan said Tuesday she hopes the incoming Trump administration will not let Amazon and Facebook parent Meta off the hook from pending antitrust lawsuits by her agency with a “sweetheart deal.” But, “I can’t predict what future people in my position are going to do,” Khan said on CNBC’s “Squawk Box.” Khan’s comments come as Amazon chairman Jeff Bezos and Meta CEO Mark Zuckerberg have made apparent efforts to curry favor with President-elect Donald Trump. Those efforts have included $1 million donations to Trump’s inauguration fund, and Bezos and Zuckerberg separately visiting the president-elect at Mar-a-Lago, his Florida home.

  • MAGA’s war on talent frightens CEOs—and angers Elon Musk

    Most parts of the Trumpian coalition view illegal immigrants as bad, with the possible exception of some pro-Trump farmers, builders, restaurateurs and hoteliers, who employ them by the millions. Many believe that they should be deported. Nativists accuse them of stealing American jobs. The techno-Trumpists led by Mr Musk, the president-elect’s biggest donor and first buddy, worry that they are Democrats at heart who, if granted citizenship, would turn swing states a woke shade of blue. Either way, both groups arrive at the same conclusion. Give me your tired, your poor, your huddled masses? No, thank you.

    Opinions begin to diverge when it comes to your trained, your pros, your hoodied maths aces. Yes, please, say Mr Musk and his Silicon Valley pals, who regard such clever clogs as the key to the innovation that keeps America First in perpetuity. Nuh-uh, retort the nativists, who would prefer to see this well-paying work go to real Americans, which is to say those who got there first. The dispute turned ugly just in time for Christmas, and also arcane. Ugly, because one side took to bashing Indians, overrepresented among techies, while the other blamed American culture for venerating “mediocrity over excellence”, in the comparatively mild words of Vivek Ramaswamy, a venture capitalist whom Mr Trump has tasked alongside Mr Musk with cutting government waste (and whose parents came from India). Arcane, for it touched on the fine print of immigration policy: “H-1B”, a category of visa for skilled workers, trended on X, Mr Musk’s social-media mouthpiece.

  • Opinion | Hawaii Governor: Robert F. Kennedy Is Unfit to Be HHS Secretary - The New York Times

    when vaccination rates fall, preventable diseases can regain a foothold and pose a new danger. And that’s precisely what happened in Samoa, after misinformation spread by anti-vaccine activists eroded trust in vaccines and led to the 2019 outbreak. Thousands of preventable cases of measles sprung up, leading to the deaths of 83 people, mostly children. One of the most prominent voices behind the anti-vaccine campaign was Robert Kennedy Jr.

  • Heritage Foundation plans to 'identify and target' Wikipedia editors