While many Amazon warehouse workers in Europe have unionized, its brutalized, underpaid, routinely maimed US workforce remains tragically unorganized, thanks to the US's weak labor laws that make forming a union far harder than at any time since the Gilded Age.

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It's been eight years since @aaronsw took his own life. Aaron had been charged with 13 felonies under the Computer Fraud and Abuse Act (#CFAA) for violating the terms of service on the @JSTOR database of scholarly articles.

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Prosecutors Stephen Heymann and Carmen Ortiz didn't dispute that Aaron was allowed to access the articles he retrieved. Rather, they said that the WAY he accessed them (using a script instead of clicking on links) was a terms-of-service violation and hence a crime.

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In other words: any business could conjure a felony out of thin air by making you click through an unreadable garbage-novella of legalese proscribing the use of a service they granted you access to. Violate any of those terms and you face a prison sentence.

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This isn't law as we know it, it's Felony Contempt of Business Model, and the most alarming thing was that this interpretation of the CFAA wasn't completely ridiculous, given how badly drafted that law is.

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Ronald Reagan signed CFAA into law. Fed prosecutors had been seeking broad authority to punish "hacking" and had drawn up an absurdly broad definition of cybercrime that would give them latitude to go after anyone they didn't like.

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There is no shortage of takes about what's going on with Gamestop (and other surging stocks), Robinhood and Reddit's r/wallstreetbets, many of them contradictory - at least on the face of them. But I think it's possible for most of these takes to be right. Here's how.

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First you need to understand the underlying mechanics of the story. Stock markets are fundamentally a way of making bets, including bets on the outcome of other peoples' bets, and bets on the outcomes of THOSE bets.

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All this complexity creates lots of exploitable opportunities. Some of these opportunities are considered legitimate and are given respectable names like "arbitrage." Others are considered illegitimate, and are called disreputable things like "stock manipulation."

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A hypothetical Martian observing all this through a telescope could not tell you which kinds of bets were honest and which were dishonest, because the difference isn't about any objective standard, but rather, about power.

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The strategies of powerful people are legit, while the strategies of their would-be dethroners are not legit. Sometimes, even outright frauds are OK if they're done by people with enough power.

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When a new president is sworn in, they gets told a lot of secret stuff - launch codes, backup plans, etc. But one of the best-kept presidential secrets is the "Enemies Briefcase," a collection of "presidential emergency action documents" (PEADs).

https://t.co/A6Jh3Gkip7

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These aren't just revelations about the fallback plans for things like a nuclear strike - they are a meticulously maintained collection of emergency authorities that the administrative branch claims it is entitled to.

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These authorities are analyzed in legal memos that give the president to unilaterally declare an emergency "imposing martial law, suspending habeas corpus, seizing control of the internet, imposing censorship, and incarcerating so-called subversives."

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The PEADs were incredibly well-kept secrets, known only through fragmentary redaction failures, appropriaions and declassifications...Until Trump starting bragging on 'em:

"I have the right to do a lot of things that people don’t even know about." -Donald J Trump

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PEADs are particularly ominous given how many non-secret emergency powers the president has - more than 100 powers granted by Congress and never rescinded, dating back to the Civil War, from freezing bank accounts to deploying troops domestically.

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When it's railroading time, you get railroads.

When the railroads turn into the personal satrapies of rail-barons, you get trustbusters.

A couple decades ago, it was online service time. We had the users, the telcoms systems, the computers, the modems, so we got platforms.

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We had that, but we lacked something important: effective antimonopoly enforcement. Lax merger laws allowed companies with access to capital markets to buy out or neutralize all their competitors, so we got monopolies.

Right on schedule, we're getting digital trustbusters.

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Now, some people aren't technically sophisticated, but they do understand a lot about competition law. That's how you get meat-and-taters antitrust proposals like @amyklobuchar's #CALERA, which address the structural problems with antitrust

Klobuchar's bill is hugely important. The reason we have monopolies is that we stopped enforcing anti-monopoly law 40 years ago. Monopoly isn't a tech problem, it's everywhere from sneakers to glass bottles to pro wrestling to candy to

Klobuchar's CALERA doesn't just seek to apply antitrust law to tech - it also explicitly restores the pre-Reagan basis for fighting monopolies: we fight monopolies because they concentrate power and corrupt our politics. All monopolies are guilty unless proven otherwise.

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Ring - Amazon's surveillance doorbell division - has 4,000 "partnerships" with US police ("public safety") orgs. The company has lied about how these work for years, but the basic deal is that they give cops free stuff to buzz-market their products.

https://t.co/716iaXUXWR

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Ring tells its customers that they get to choose whether to share the footage from their street-facing cameras with cops, but that's a lie, too. If you say no, the cops still get to look through your

That's why cops debase themselves to serve as buzz-marketers for Ring - in exchange, they get an off-the-books, free-to-use, warrantless, city-scale, video surveillance grid.

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It's an investment that pays off. Back in July, @EFF documented how the @SFPD was able to commandeer 200 Ring cameras to produce surveillance data on #BLM

And in a new blockbuster report, EFF's @maassive and @mguariglia document how @LAPDHQ did the same thing, fraudulently using "unusual occurance" protocols to gain access to last summer's BLM

1/x The window we have been targeting for 2 months has officially opened... i Can not imagine a more textbook display of the power of Vanna at expiration as we saw on Friday. The capital building was overrun by an insurrection, but all that that meant was a bigger late day rally.

2/x that ended at ATH on the close. Between Gary the 🦍 & his RVol suppression & his hand off to late day Ivol compression & the Vanna index bid, the 🐻’s never had a chance... but Gary’s getting tired after 2 months battling complacency & Vanna’s 2 week vacation, 1 of her only

3/x 2 week departures of the year (a 5 week OpEx) is quickly approaching on 1/15 morning. That means she’ll be increasingly absent as she prepares for her trip. W/ a $59 1 week straddle & $50 1 day range on Friday, & another $30 overnight drop, it’s hard to see why you wouldn’t

4/x want to take a chance on a little long gamma at this juncture. Especially given the obvious warning signs coming from the steepening of the yield curve, underperformance of the Growth complex, complacency in sentiment & positioning, anecdotal signs of bubbles in BTC & TSLA,

5/x NTM the growing exuberance surrounding a fiscal stimulus deal near $2 Trillion. The wall of worry of 3 months ago is gone. The vaccine is being deployed, the election is resolved, fiscal stimulus was passed & w/2 Georgia 🍑 🍑, ever moar 🚁💰is on the way. But what happened

It's endlessly fascinating how economic datapoints get interpreted.

When I was in charge of a P&L, the guy who ran Finance for us and I had what we called the 'shelf plan.'

There were maybe 3-4 of us who knew it existed.

What's a shelf plan?
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Well it's a plan you keep on the shelf (full FP&A model), that you hope you never have to use.

It reduces forward hires, cuts back various line items (typically ad spend, travel, that sort of thing).

Oh, it also has a big fat RIF in there.

That's why we don't talk about it.
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Why have a plan instead of winging it?

Because this is where companies (particularly young companies) sometimes err. They do little cuts - 2-3% here and there, preserving as much headcount as they can, that sort of thing.

This is incorrect.
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If you're at the point where you need to make material changes to your forward P&L, at 2-3% RIF will be followed by another.

And another.

And this series of progressive cuts will cripple morale, incrementally reducing the productivity of the staff you retain to survive.
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And so the shelf plan cuts deep.

Your goal is to go from being a peacetime machine to a wartime machine, so you gotta lean out quick. Can't do that without a plan, hence the need to have one.

~30% cut is what you need.

And then you need to tell everyone left they're safe.
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Seeing a ton of (warranted) criticism re Dems on impeachment — but like where was everyone? We know politicians don’t act boldly if we’re not in the streets to make them. But multi million dollar “movement” orgs are writing petitions & posting graphics instead of organizing

I will always remember the first impeachment trial- pre-Covid-, when a mere 10,000 people marched in NYC. Dems are cowardly and ineffective, and Republicans are fascists but also the grassroots left is all over the place and has some reckoning to do.

These groups have millions of people on their email lists. How are they using that platform? There was zero coordinated national action(not emails, but action) re impeachment that I saw. Not even an ask to post something on social media or take a photo, let alone in person.

And I’m putting the focus on the people with money and resources to organize rather than on Individuals trying to survive a pandemic intentionally.A smattering of groups did some impeachment texting or phonebanking. That’s all I know about.

And because of this lack of direction from the people with resources (seeing this in the climate movement too) local groups or affiliates are getting wrapped up in super local politics, which while fine, is not going to move the national Democratic Party the way we MUST.