BC POLITICS
Saved by @ThomassRichards

The Democrats are at least two parties. The progressive wing of the party (which is by no means unified) and the finance wing of the party, which is also the party leadership.

1/

 During the leadership race, the progressive wing was represented by @SenSanders and @SenWarren; the former wants to minimize the role of markets in our lives, the latter wants to redeem markets by regulating them. It's a distinction with a difference, but I donated to both.

2/
Both wings of the party have prominent representatives in Congress; Sandersism are most visibly associated with @AOC (whom I donated to) and Warrenism is embodied by @RepKatiePorter (likewise), who was also one of Warren's law school proteges.

3/
Porter is a force of nature. She is infamous - and celebrated - for her brutal, no-holds-barred questioning of both corporate and administration witnesses, using a white-board to pin them down and eviscerating any attempts at bullshittery.

4/
This isn't just about getting facts into the record (though, she is SO GOOD at getting facts into the record!), it's also about effecting change, like when she single-handedly cornered the CDC's chief into guaranteeing universal, free covid tests:

https://t.co/WAfa4Ox5As

5/
During the 2020 election, corporate democrats and their supporters excoriated anyone who dared to question whether the party's corporate establishment would ever rise to the occasion and deliver the transformative change it demands.

6/
This "disunity" was treated as a reckless invitation to an apocalyptic second Trump term. Particular viciousness was directed at we who questioned the party leadership, such as supporters of @ShahidForChange, a radical human rights lawyer who primaried @SpeakerPelosi.

7/
Though Buttar was the target of a racist, Islamophobic smear-campaign mounted by party hacks, he fought a good and important fight (I was a donor to his campaign):

https://t.co/nmX0i2YJUd

8/
Pelosi's return to Congress means that Congressional Dems are now subject to her instincts, whims and loyalties. Those loyalties run deep. Pelosi is a major recipient of finance-sector donations.

https://t.co/ldOG3UlHfg

9/
Finance is one of the great villains of our century, and their cheating, theft, and destruction - foreclosures, fake accounts, usury, theft - have been rewarded, not punished. They showered establishment Dems with unprecedented sums in 2020:

https://t.co/FupfYyQ0fp

10/
One of the bright lines separating the progressive Dems from their establishment rivals is the finance sector. The latter love 'em ("that's where the money is" -W Sutton). The former are eager to euthanize some rentiers (-JM Keynes).

11/
Now, it happens that the Dems' most powerful scourge of the finance sector is Katie Porter, whose public eviscerations of finance criminals and their government enablers are the stuff of legend.

Here she is gutting @jpmorgan's Jamie Dimon:

https://t.co/ezIeQnnX4I

12/
And here she is just slaughtering the henhouse fox from Trump's Consumer Finance Protection Bureau:

https://t.co/NkoMYybLdz

Steve Mnuchin didn't have a chance. Oh my god is that mediocre, upward-failing cartoon villain out of his league.

https://t.co/Cu6xtkL4yW

13/
Which brings me back to Nancy Pelosi.

Who just rigged it so that Katie Porter will no longer be on the Congressional Finance Committee.

https://t.co/qa7lKhbrwN

14/
At a moment where the Dems' midterm fortunes are absolutely dependent on their willingness to deal out a reckoning to the banks for their covid profiteering, they are eliminating their most ardent and skilful finance-fighter.

15/
Pelosi thinks the problem isn't systemic, it's individual: that we have to reform bad banks, not banking itself. Pelosi is also worth ~$200m (mostly through her husband, a prominent finance leader) and depends on finance-sector contributions.

https://t.co/lBtVm9RjY7

16/
As Upton Sinclair wrote, "It is impossible to get a Congressional Majority Leader to understand something when her political career and family fortune depend on her not understanding it."

(Sinclair sometimes got eerily specific!)

17/
Porter is a force of nature. She flipped a red district and then won it again while publicly supporting Medicare For All. She upended the staffer-controlled Finance Committee, ending the reign of underlings who cycled in and out of the finance sector and finance regulation.

18/
The Pelosi-controlled Steering Committee appointed her to two other committees (Oversight and Natural Resources) then refused to waive the rule against serving on more than two committees, forcing her off the Finance committee.

19/
Porter is the only single mom of school-aged children in the House, giving her a unique perspective on finance that is completely alien to colleagues whose fortunes rise to the hundreds of millions.

20/
Economically, by every quantitative measure, establishment Dems are significantly to the right of Richard Nixon. Their lip-service to progressive causes stretches as far as replacing half of the 150 white dudes who own the world with women and people of color.

21/
Biden is already moving to stuff his administration with finance sector ghouls who made (literal) bank off of 393,000 US covid deaths.

The decision to call off the banks' fiercest watchdog puts the Democratic Congressional majority at risk in 2022.

22/
And that puts everything at risk: climate, economic justice, and repelling the forces of violent white nationalism.

eof/

More from Cory Doctorow #BLM

Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
The US election news has largely overshadowed a seismic moment in global finance: Ant, a fintech company that spun out of Alibaba/Alipay, was scheduled to have the world's largest IPO, topping even Aramco, the Saudi sovereign wealth fund.

Then Chinese regulators canceled it.

1/


As @yvessmith writes in her excellent @nakedcapitalism breakdown, the consensus narrative on this is capricious Chinese regulators changed their minds and jerked the rug out from under Ali's billionaire owner Jack Ma.

The reality is a lot

To understand it, you need to understand the difference between the Chinese and American "money story." In the US, there is widespread, unquestioning faith in the fairytale that money predates the state and is separate from it.

3/

In this story, people come together to trade but are plagued by disparate goods: if I want to pay for your chickens with a cow, how do you make change? They spontaneously decide that something (gold?) is money and price their cows and chicks in it.

4/

Then, governments come along tax our gold away, and then to add insult to injury, governments abandon gold and insist that paper is as good as gold, print too much of it and crash the economy!

This probably sounds familiar to you, but it's just not true.

5/
ECONOMY , {GIG MONEY} , BANKING AND REGULATION
Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
Inequality requires narrative stabilizers. When you have too little and someone else has more than they can possibly use, simple logic dictates that you should take what they have.

1/


The forbearance exercised by the many when it comes to the wealth of the few isn't down to guards or laws - rather, the laws and the guards are effective because of the STORY, the story of why this is fair, even inevitable.

2/

Think of the story of monarchy and its relationship to the Church: the Church affirms that the monarch (and the aristocracy) was chosen by God ("dieu et mon droit") and the monarchy reciprocates by giving the Church moral and economic power within the kingdom.

3/

Capitalism replaced the story of divine will with a story of a self-correcting complex system: humans are born and raised with a variety of aptitudes and tastes, and at any moment, historical exigencies dictate that some individuals are better suited than others to do well.

4/

When it's railroad time, there are people who were born to oversee the laying of track and the coordination of rail networks: markets find those people, allocate capital to them, and allow them to mobilize that capital to produce shared prosperity for all of us.

5/
CULTURE
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Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
When they write the history of this era, one of the strangest chapters will be devoted to Uber, a company that was never, ever going to be profitable, which existed solely to launder billions for the Saudi royals.

1/


From the start, Uber's "blitzscaling" strategy involved breaking local taxi laws (incurring potentially unlimited civil liability) while losing (lots of) money on every ride. They flushed billions and billions and billions of dollars down the drain.

2/

But they had billions to burn. Mohammed bin Salman, the murdering Crown Prince of the Saudi royal family, funded Softbank - a Japanese pump-and-dump investment scheme behind Wework and other grifts - with $80B as part of his "Vision 2030"

Vision 2030 is a scheme to diversify Saudi wealth away from hydrocarbons by attempting to establish monopolies that will allow the family to control entire sectors of the global economy.

4/

These schemes are longshots, and the fallback position is to unload failed monopolies - with staggering debt-overhangs - on investors who've been suckered with the promise that really big piles of shit surely have a pony buried underneath them somewhere.

5/
UBER
Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
Today's Twitter threads (a Twitter thread).

Inside: ADT insider threat; Billionaires think VR stops guillotines; Privacy Without Monopoly; and more!

Archived at: https://t.co/nu1HbReiEX

#Pluralistic

1/


This Wednesday, I'm giving a talk called "Technology, Self-Determination, and the Future of the Future" for the Purdue University CERIAS Program:

https://t.co/po5IivZyr4

2/


ADT insider threat: If you build it they will spy.

https://t.co/kJrmtu8L3S

3/


Billionaires think VR stops guillotines: TARP with tasps.

https://t.co/MIKwvsICkr

4/


Privacy Without Monopoly: Podcasting a reading of the latest EFF whitepaper.

https://t.co/R2sl75y4rb

5/
TWITTER
Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
Today's Twitter threads (a Twitter thread).

Inside: Criti-Hype; Right to Repair is back for 2021; The free market and rent-seeking; and more!

Archived at: https://t.co/pXnzoWKJn2

#Pluralistic

1/


Criti-Hype: Tech bros will settle for "evil genius."

https://t.co/OyiM1vUS8Y

2/


Right to Repair is back for 2021: Will Apple sabotage this one too?

https://t.co/3gcyEZQWfk

3/


The free market and rent-seeking: Unauthorized bread and poor doors.

https://t.co/7Ob6AdmkDz

4/


#10yrsago Diane Duane’s crowdfunded publishing experiment finally concludes https://t.co/qsRnZxiL8b

#10yrsago Inside Sukey, the anti-kettling mobile app https://t.co/puGNKw5XgF

5/
SOCIETY

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Seth Abramson
Seth Abramson
@SethAbramson
(MAJOR NOTE) The reason Manafort took over Trump's campaign in just 3 weeks despite being hired as a mere delegate counter is that ROGER STONE initiated a whisper campaign against Corey Lewandowski. That campaign started...days after Manafort returned from meeting with WikiLeaks.

2/ Stone and Manafort are longtime business partners; we'd expect Manafort to tell Stone what Assange told him, and for him to expect Stone to then pressure the campaign not only to hire him but quickly elevate him.

And who was Stone in touch with at the campaign? Trump himself.

3/ I bet you Manafort's late March emails are very interesting and that some of them are to/from his longtime business associate Roger Stone. And I bet Roger Stone's late March phone calls are very interesting and that some of them are to/from his longtime friend Donald Trump.

4/ At the end of March 2016, Trump suddenly convenes a NatSec meeting. At that meeting he directs his NatSec team to change the RNC platform in July to benefit Putin. Who later takes credit for that change?

Paul Manafort's business associate, Kremlin agent Konstantin Kilimnick.

5/ Why did Donald Trump suddenly convene a NatSec meeting 3 days after he finally hired Manafort? Why did he issue a pro-Kremlin directive at that meeting that Manafort's camp would later take credit for? What did Manafort tell Trump in the days leading up to that NatSec meeting?
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Greg Olear
Greg Olear
@gregolear
Trump is a Russian asset, a mob money launderer installed by his mob whoremasters to sow chaos and weaken the US & our allies.

EVERY SINGLE THING HE’S DONE since taking office is to achieve those purposes—that and to enrich himself personally.

[THREAD]


1/ His entire family is part of this. Melania is a fucking crook. Ivanka is a fucking crook. Junior and Gums are fucking crooks. They will all die in prison, except for Kushner, who, if he really *did* trade US intel for money, should be executed for espionage.

2/ Why do you think Trump installs uniquely corrupt & awful people to Cabinet positions? Pruitt, Zinke, Betsy, Rex/Pompeo, Wilbur "Melting Nazi Face" Ross. They are not there to serve us. They are not there to drain the swamp. They are there to BURN THE REPUBLIC DOWN.

3/ Trump steals. He takes taxpayer money—your money and mine—and lines his pockets with it. He exploits his office to make himself richer. This is all he cares about. Why are Republican citizens, you “fiscal conservatives,” not more angry about this? Riddle me THAT, #MAGA.

4/ Matt Whitaker, the human dildo and “acting AG,” was illegally installed to throw a monkey wrench in the Mueller investigation. That’s why they won’t release his financials. He’s fucking bought and sold. He’s going to prison for obstruction.
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Mike Dunford
Mike Dunford
@questauthority
Good morning, electoral lunacy followers. Welcome to what I suspect will be the 2020 equivalent of the Orly Taitz litigation: Sidney Powell Sues Everoyen For LAL Of Teh ThInGs

This is the first of what will (hopefully) be a limited number of #Kraken-related threads.

That said, I doubt the number will be limited. I think Sidney Powell is the Orly Taitz of the Biden Administration.

And I doubt I've acquired enough maturity since my younger birther-watching days to ignore these. So, yes, at least for cases with public dockets, I'm here.

We've got two filings so far - a Michigan one (King v Whitmer) that has been filed, and a Georgia one (Pearson v Kemp) that cannot presently be located on PACER.

This may be because there are parallel Quorts not in the system but maybe it just didn't get filed.

Here's how I'm going to deal with that - I'll start livetweeting King (the filed one) in a little bit, after I do some turkey prep. I'll do that in this thread, but probably even slower and more interrupted than usual - so you might just want to bookmark and come back later.

Tonight, if there's interest, I might be both willing and able to stream a read of the (maybe unfiled) GA case on Twitch tonight.
POLITICS
Free to Disagree
Free to Disagree
@_freetodisagree
#Thread Take action to defend free speech 📢

Stage 2 scrutiny of the Hate Crime Bill begins tomorrow, Tuesday 2nd February. Members of the Justice Committee will debate and vote on various amendments. It is vitally important that more, significant changes are agreed.

We still believe the best course of action is to drop the controversial stirring up hatred offences altogether. At the very least, MSPs must back changes previously promised by the Scottish Government.

The govt has pledged to: restrict the offences to ‘intent’ only; strengthen a free speech provision covering religion and insert a new provision on trans identity; remove provisions on 'inflammatory material' and provide an objective test for what ‘abusive’ behaviour means.

Other useful amendments have been lodged to: remove the vague term 'abusive' altogether; insert a broader trans free speech provision; provide a ‘dwelling defence’ for words spoken in the home; and insert a 'prosecution lock' requiring consent from a senior law officer.

Please take the time to write to Justice Committee MSPs and ask them to back these vital changes. Details of the amendments and how to contact MSPs are below.

#FreeToDisagree
POLITICS
Ezra Klein
Ezra Klein
@ezraklein
So I've been reporting a story about how you'd fix the impeachment process. It doesn't work for removal, as currently designed. Impeachment was built for a political system without parties. It fails in a system with polarized parties.

The one time it functioned as intended, confusingly, was the time it didn't happen: Richard Nixon wasn't impeached! But the impeachment process, which came at the low ebb of party polarization in American history, convinced his party to force him to resign.

Would Republicans force Nixon to resign today?

Oh, you're cute. Thank you. I needed that.

The problem of impeachment is pretty simple: Presidents are leaders of parties. Parties are tied to the political fortunes of presidents. You're asking a party to basically wreck its immediate political future for the good of the system.

This doesn't just have the effect of making impeachment ineffective as a remedy. It's worse than that. It makes impeachment dangerous to the president's party, and gives them a reason to defend him and either normalize or minimize his crimes. As we are seeing right now.
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Some thoughts on episode 54 of #Hercai

If you ever cross the distance and come to me, come with love that blooms in your heart.
~ Şems-i Tebrizi

#Reyyan #Miran #ReyMir #EbruŞahin #AkınAkınözü
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I have to make a note before writing about this episode. I was the person (still am) who thinks that bringing back D. was a bad idea. I repeat it that for me the writing of S1 and S2 is like tossed into the bin with that plot evolution, but they had to invent something+
#Hercai

2
+ to be able to continue to prolong the general story after Aslan’s story did not work out. All the suffering of M., all the crying seems for “nothing” for two seasons and we viewers are also kind of fed up in seeing him cry all the time when with the upcoming episodes+
#Hercai

3
+he is justified the most to cry. With her resurrection now the attention shifts back to Miran’s storyline and I don’t know if I like this to be honest. This said, Dilsha is here and we have to deal with her.
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So, my comments are going to be how I find they wrote her into the story, the details we get to know, the flashbacks we get to see, the way it was filmed and directed, with leaving out if I agree on it or not but describing along the way what I saw.
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I present to you all, my (possibly) superthread On how and why the Unknown God from Genshin Impact, and The Herrscher of Void/God Kiana/Sirin from Honkai Impact!

First off! We’ll start with the obvious things that constitute a possible connection.

They share the same Japanese Voice actress! Rie Kugimiya.
Usually this is a stretch reason, but considering everything else, it’s not unlikely that it’s the same character.

Secondly, their Appearances.
The both have very long white hair with identical bang style, and a very noticeable small piece of hair on top that curls upwards. That’s a defining part Of all of Kiana’s hairstyles, and for it to be shared with this god says something.


Another notable thing is their eyes. They both have Glowing golden eyes with very similar appearances. They contain a ring, and a 4-point star pupil. Resemblant of a scope if you will. That’s The Herrscher of Void’s defining characteristic


If you’d even like to take a look at their outfits, there’s resemblances including the black fur collar, the designs on the torso and chest, and the use of something similar to coat tails/skirt. The Herrscher can change their outfit and they aren’t stuck with one. Sirin does this
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Anshul Pandey
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STORY OF PURANAS AND SUB PURANA (उप पुराण).

We have already gone through the series on importance & characteristics of all the eighteen Purans. We also know that originally there were hundred crore shlokas but were divided by Vyas in each Kalp and was compiled as eighteen Purans


for the common people to understand it properly and now their total is about four lakhs.

In Brahm Puran, Brahma preached this to Marichi. So this Puran of ten thousand shlokas is called Brahm Puran.

In Padma Puran, the base of the story is the appearance of Brahma on a lotus(Padm) from Vishnu' s navel.This has fifty five thousand shlokas.

Vishnu Puran is primarily based in Varah kalp. This book is on Vishnu and this book has twenty three thousand shlokas.

Vaayu Puran is written in Shwet Kalp and has twenty four thousand shlokas. Here Vayudev preaches about Dharma.

In Bhagwat Puran, which is written with the base of Gayatri mantra describes Dharma extensively. It has 18000 shlokas. It also mentions the story of Vritrasur.

In Narad Puran, which has twenty five thousand shlokas, is a sermon on Dharma by Narad based in Brihad Kalp.

Markandeya Puran has nine thousand shlokas and here it is through the birds that Dharma is described.
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Robin Wigglesworth
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A thread on an interesting report by Goldman Sachs' Peter Oppenheimer, the bank's chief global equity strategist. He points out that Goldman's "Bear Market Risk Indicator" is looking ominous.


There are three factors that suggest that the recent stability could evaporate and that equities are "about to enter a sustained bear market", Oppenheimer says.

First is the fact that growth, inflation and interest rate outlook is unfriendly for equities.


Second is that greater volatility, such as multiple corrections and new peaks (which we've seen in 2018) tend to presage a full bear market.


Here is Goldman's data showing how falls and bounces tend to come ahead of "the dramatic final fall".
ECONOMY