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First up, discussion of #PICUQI #CCC50.
First up by @ndean75, âThe Late Rescue Collaborative: Reducing non-ICU arrestsâ in @PedCritCareMed Dean & colleagues saw decreased rates of non-ICU arrests & increased participation through @AAP #MOCPart4. #PICUQI #CCC50
https://t.co/PYcz22MA6x
Editorial by @pccm_doc:
@pediRESQ in @PQS_LWW used a plus/delta approach to assess cold debriefs and found commonly reported barriers to be lack of time, financial support, or interest. Do you do cardiac arrest debriefs at your center? What are your barriers? #PICUQI #CCC50
Every single critic of "cancel culture" just thinks the wrong people are getting canceled. pic.twitter.com/DDIVccj8zV
— Michael Hobbes (@RottenInDenmark) February 2, 2021
Obviously, people will disagree about which norms are important, about how bad it is to violate them, and thus about how severe the social cost ought to be. That's just pluralism, man, and it's good.
It's important to openly talk through these substantive differences, which is why derailing these conversations with hand-waving moral panic about "cancel culture" is obnoxious and illiberal.
Screaming "cancel culture!" when somebody pays a social costs other people have been fighting hard to get others to see as necessary is often just a way to declare, with no argument, that the sanction in question was not only unnecessary but in breach of a more important norm.
It's impossible to uphold social norms without social sanctions, so obviously anti-cancelers are going to want to impose a social cost on people they see as imposing unjustly steep social costs on others.
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/
There's a Yom Kippur joke I love: the rabbi and the richest man in town are praying, "Oh Lord, I am nothing, I am nothing!"
— Cory Doctorow #BLM (@doctorow) February 2, 2021
The synagogue's janitor sees them and joins in: "I am nothing!"
The richest man says to the rabbi: "Look who thinks he's nothing."
1/ pic.twitter.com/kHFKcNAnC4
Right to Repair is back for 2021: Will Apple sabotage this one too?
https://t.co/3gcyEZQWfk
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2018 was almost the year we won the #RightToRepair.
— Cory Doctorow #BLM (@doctorow) February 2, 2021
Instead, 2018 turned out to be the year we lost #R2R: 20 bills defeated in 20 state houses, and it was mostly @apple's fault.
1/ pic.twitter.com/oDYM17e22b
The free market and rent-seeking: Unauthorized bread and poor doors.
https://t.co/7Ob6AdmkDz
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When you hear the phrase "free market," you probably think of "a market that is free from regulation" but that's the opposite of the phrase's original meaning!
— Cory Doctorow #BLM (@doctorow) February 2, 2021
1/ pic.twitter.com/QNAuJhMNWI
#10yrsago Diane Duaneâs crowdfunded publishing experiment finally concludes https://t.co/qsRnZxiL8b
#10yrsago Inside Sukey, the anti-kettling mobile app https://t.co/puGNKw5XgF
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@rak3re aptly identifies a sudden shift in global consensus in early March, which led to endless lockdowns. But itâs vital to realize this shift didnât just happen; the CCP launched an entire campaign of propaganda and fraudulent science to bring it about. Letâs recap.
What happened in those ten days? The moral burden of the pandemic\u2019s outcome shifted as a global consensus (read: groupthink) began to emerge that China\u2019s declining cases \u2013 after three months of uncontrolled spread \u2013 was explained entirely by its \u201cdraconian\u201d measures. 7/ pic.twitter.com/pCFLvU5zdx
— rak3re (@rak3re) February 2, 2021
2/ In late Feb., WHO was dazzled by China: âChinaâs uncompromising and rigorous use of non-pharmaceutical measures to contain transmission of the COVID-19 virus in multiple settings provides vital lessons for the global
3/ In a press conference, Bruce Aylward, head of the WHOâs China mission, told the press: âWhat China has demonstrated is, you have to do this. If you do it, you can save lives and prevent thousands of cases of what is a very difficult disease.â
https://t.co/KpAqMTKnEM
4/ Two days later, in an interview for China Central Television (CCTV), Aylward (who later disconnected a live interview when asked about Taiwan) put it bluntly: âCopy Chinaâs response to
5/ @NYTimes immediately lapped up the WHOâs February report: âChina âtook one of the most ancient strategies and rolled out one of the most ambitious, agile and aggressive disease-containment efforts in
Sen. @JohnCornyn on budget reconciliation: "Chipping away at the rights of the minority may help you now. But you're sure to regret that someday." pic.twitter.com/12wwUkq43r
— The Hill (@thehill) February 1, 2021
https://t.co/W18nqFlLru
The GOP got rid of the SCOTUS filibuster so they could jam through three fringy right-wing Alito clones, including one right before the election, but sure thing, bud.
âUh, actually, they got rid of the SCOTUS filibuster because Harry Reid did it first for something totally different! I am very smart!â
No. Knock it off.
Hereâs the thing about the âBut Harry Reid...â excuse:
1. McConnell was holding up Obama nominees, some *for literal years* without a vote.
2. Had he *not* done that, Trump would have inherited *even more* vacant seats.
Finding collateral where there isnât any ... aka, my most innovative idea (and Iâm giving it to you for free)!
Letâs revisit this thread from my early (active) Twitter days. A few questions you might ask:
1) What was my collateral (why did I make this loan)?
2) Why did I have any leverage with the company at all (short of a foreclosure)?
3) Why did the âdeep pocketsâ buy me out?
My typical mezz deals are to companies in 1/3 categories:
— Matt Willes (@SkolCapital) August 27, 2020
1) M&A
2) Growth Capital
3) Special Situations ...
Here\u2019s an example on #3:
Let me pick up the story with two assumptions I had going in:
1) I didnât trust the owner/operator (at all)
2) I knew the PE group (that had offered $200 M) well, and I knew who they were proposing to bring in to run the company had they bought it
#2 (plan B) made sense to me
The senior ($ZION) had the collateral locked up and controlled any formal foreclosure/bankruptcy.
The idea of a convertible had some appeal but you canât really do anything with 5-10% of a business
My solution: âdefault conversionâ at an unfair valuation
I negotiated a deal that if the company defaulted (and only if they didnât cure the defaults) I had the option to convert into preferred stock representing a fully diluted 40% of the business