1. IMP ANNOUNCEMENT
I want to let you know when I made the decision to launch @StrikePac & directly get into electioneering I realized I wasn't going to continue issuing "race ratings" & "forecasts" each cycle- OBV that's a conflict of interest!
The hostility & sexism of
BC if we're not there? If the Ds go into 2022 with the same messaging & electioneering approaches they brought to bear in the 2020 cycle- they lost seats under ideal fundamentals?
Yes, Ds are losing!
More from Rachel "The Doc" Bitecofer 📈🔭🍌
1. I think so. I don't think the issue are plans. The issue is that the ability of our govn't to function-to create & enact policy- has been seriously abridged the past decade to the point where it can't function. We've seen virtually no legislation this past decade & pretty
2. much none relying on just "regular order." Although the Ds spent almost a year trying w the ACA before giving up & using a procedural trick in the end. Keep in mind, McConnell changed the operation of senate so that all bills, ALL, had to reach 60 vote threshold in the senate
3. That was a MASSIVE change to the legislative filibuster (a massive abuse of it). It creates a super majority requirement for laws that the Framers didn't design. And given the issue of misrepresentation the senate, which is causing a Tyranny of the Minority, its really shut
4. down the federal lawmaking apparatus. If Ds flip these 2 GA senate seats, the legislative filibuster will be right back in the spotlight bc McConnell will use it to lockdown Biden's legislative agenda. And we'll have to see how Biden responds. I agree that Biden needs to give
5. McConnell an opp to change his behavior, but if he doesn't Biden will have to go w EOs or ending the legislative filibuster. Either that, or getting nothing done. The GOP will seek to do to him what they did to Obama- use control of the senate OR the filibuster to prevent
Does anyone in DC have an actual plan that would get the American middle class back on its feet and elevate many more of the poor into the middle class? I mean besides trickle down economics, which has been shown to be a joke?
— John Frost (@JohnFrost) December 30, 2020
2. much none relying on just "regular order." Although the Ds spent almost a year trying w the ACA before giving up & using a procedural trick in the end. Keep in mind, McConnell changed the operation of senate so that all bills, ALL, had to reach 60 vote threshold in the senate
3. That was a MASSIVE change to the legislative filibuster (a massive abuse of it). It creates a super majority requirement for laws that the Framers didn't design. And given the issue of misrepresentation the senate, which is causing a Tyranny of the Minority, its really shut
4. down the federal lawmaking apparatus. If Ds flip these 2 GA senate seats, the legislative filibuster will be right back in the spotlight bc McConnell will use it to lockdown Biden's legislative agenda. And we'll have to see how Biden responds. I agree that Biden needs to give
5. McConnell an opp to change his behavior, but if he doesn't Biden will have to go w EOs or ending the legislative filibuster. Either that, or getting nothing done. The GOP will seek to do to him what they did to Obama- use control of the senate OR the filibuster to prevent
1. I think school closures also dragged Ds down in congressional races. To be clear, they wouldn't in a functional democracy not following a herd immunity strategy & normalizing the indifference genocide of up to a half million of its citizens. That "conditional" is a necessary
2. component of the "pandemic backlash effect that we have in the U.S. other countries don't have sizable anti-mask movements, ones so large it impedes states like North Dakota who governor @DougForDakota has "led" them to a point where every single county in his large;y rural
3. state has been governed to "high" infection rates. He must feel so successful that liberty & freedom is so abundantly clear all around him! So yes, in a country that has normalized murdering via indifference its old, medical compromised & in the case of
4. COVID- which is a random killer, which sometimes kills young healthy mothers whose own mothers couldn't let their daughter forgo a baby shower bc its such a special part of the birth experience or bc how do you skip the "1 year" baby party when the baby smashes her cake all
5. over her own head? I get it. Those are once in a lifetime events that can't be replaced. So people have been doing them bc their governors & their president esp has told them to do so, that its no big deal, that actually they'd be FOOLS not to hold that gender reveal party,
Every time I see a parent post about how their kids\u2019 school is closing and going virtual, I think of how my kids haven\u2019t physically been to school since early March.
— kim yi dionne (she/her) (@dadakim) November 11, 2020
2. component of the "pandemic backlash effect that we have in the U.S. other countries don't have sizable anti-mask movements, ones so large it impedes states like North Dakota who governor @DougForDakota has "led" them to a point where every single county in his large;y rural
3. state has been governed to "high" infection rates. He must feel so successful that liberty & freedom is so abundantly clear all around him! So yes, in a country that has normalized murdering via indifference its old, medical compromised & in the case of
4. COVID- which is a random killer, which sometimes kills young healthy mothers whose own mothers couldn't let their daughter forgo a baby shower bc its such a special part of the birth experience or bc how do you skip the "1 year" baby party when the baby smashes her cake all
5. over her own head? I get it. Those are once in a lifetime events that can't be replaced. So people have been doing them bc their governors & their president esp has told them to do so, that its no big deal, that actually they'd be FOOLS not to hold that gender reveal party,
1. You also have to give them a landing. It's tempting, I know, to take the pent up rage out on the only ones who respond to you (like @ProjectLincoln!) or Never Trumpers like @RadioFreeTom or @BillKristol bc they were "guilty" in the past or "waited too long" like @WalshFreedom
2. but at each of the big inflection moments where Trump lost support I've begged non-Rs to consider the fact that if Trump supporters see that they have nowhere to go, they will stay w the only people that DO accept them, & the price might actually be the collapse of democracy
3. which, until Weds, some people thought I was being hyperbolic about. I WASN'T! When the MAINSTREAM of a major political party divorces themselves from democratic norms & values & its supporters turn to a fictionalized world to justify their political party's actions, your
4. country's stability is at risk & one by-product of poor messaging on the Dem side is that extremism on the Right was able to not only take root in the Rep Party, it was able to take OVER the R party & become the party's mainstream- pinnacled w the presidential win via the EC
5. of Donald Trump, w/o the GOP paying any electoral price for their extremism. A healthy Rep Party might have found the courage to reject Trump's nomination & accept the short term costs that would have come w refusing to endorse his 2016 candidacy. But the Rep Party of 2016
If we want more Republicans to exercise Murkowski-like courage, we desperately need election reforms to allow them to do so without fearing for their political futures. https://t.co/pre6aLpnje
— Lee Drutman (@leedrutman) January 9, 2021
2. but at each of the big inflection moments where Trump lost support I've begged non-Rs to consider the fact that if Trump supporters see that they have nowhere to go, they will stay w the only people that DO accept them, & the price might actually be the collapse of democracy
3. which, until Weds, some people thought I was being hyperbolic about. I WASN'T! When the MAINSTREAM of a major political party divorces themselves from democratic norms & values & its supporters turn to a fictionalized world to justify their political party's actions, your
4. country's stability is at risk & one by-product of poor messaging on the Dem side is that extremism on the Right was able to not only take root in the Rep Party, it was able to take OVER the R party & become the party's mainstream- pinnacled w the presidential win via the EC
5. of Donald Trump, w/o the GOP paying any electoral price for their extremism. A healthy Rep Party might have found the courage to reject Trump's nomination & accept the short term costs that would have come w refusing to endorse his 2016 candidacy. But the Rep Party of 2016
More from Crypto
Michael Pettis @michaelxpettis argues that it is not always obvious who (China or the U.S.) adjusts best to "turbulent changes."
Bitcoin answers that question.
Thread:
World economies currently suffer four major redistribution challenges:
The most important is increasing government stealth use of the monetary system to confiscate assets from productive actors.
/2
That process is exacerbated by "Cantillon Effect" transfers to interest groups close to government ("the entitled class," public sector workers, the medical industrial complex, academia, etc....), which is destroying much of that wealth /3
The shadow nature (see Keynes) of government inflation makes the process unidentifiable, un-addressable and undemocratic.
The biggest victims (America's poorly educated young) are unequipped to counter generational confiscation tactics of today's wily senior beneficiaries. /4
Government control of the numéraire in key economic statistics (GDP, inflation, etc...) makes it impossible for economic actors to measure progress and liabilities. /5
Bitcoin answers that question.
Thread:
1/11
— Michael Pettis (@michaelxpettis) January 11, 2021
An article worth thinking about: \u201cAs changes to the world structure accelerate, China\u2019s rule is in sharp contrast with the turmoil in the West,\u201d says Beijing.
I agree, but I draw a different conclusion. The world is certainly currently going...https://t.co/ugha7ygqqx
World economies currently suffer four major redistribution challenges:
The most important is increasing government stealth use of the monetary system to confiscate assets from productive actors.
/2
That process is exacerbated by "Cantillon Effect" transfers to interest groups close to government ("the entitled class," public sector workers, the medical industrial complex, academia, etc....), which is destroying much of that wealth /3
The shadow nature (see Keynes) of government inflation makes the process unidentifiable, un-addressable and undemocratic.
The biggest victims (America's poorly educated young) are unequipped to counter generational confiscation tactics of today's wily senior beneficiaries. /4
Government control of the numéraire in key economic statistics (GDP, inflation, etc...) makes it impossible for economic actors to measure progress and liabilities. /5
1/ Welcome to #DeFi Wednesday.
Let's talk about how interest-bearing cash on a blockchain is going to revolutionise boring corporate treasury management that concerns every company is is a larger business than all crypto trading in the world.
Enter the thread
👇👇👇
2/ Blockchain community is often seen as toxic maxis and redditors who shill other their weekly favourite shitcoin in the hope of getting Lambo.
Sometimes we also do things that progress humanity towards the better future and interest-bearing cash is one of those things.
3/ Less chad and more things that actually matter:
My incomplete theory of interest-bearing cash is also available also as a blog post:
https://t.co/uiG0fZiVyu
It is 15 pages. Pick your slow poison or die fast by continue reading here.
4/ First time in the history we have an ability to create interest-bearing cash-like instruments.
Interest-bearing cash ticks up dollar (euro) balance real-time in your wallet.
Here is a demonstration using @aaveaave aDAI, based on @makerdao DAI, and @TrustWalletApp
5/ Interest-bearing cash is not like your bank's saving account. Your money in a bank is not yours, but bank's. There are some flaws in the current banking system causing a headache for Chief Financial Officers (CFOs)
Let's talk about how interest-bearing cash on a blockchain is going to revolutionise boring corporate treasury management that concerns every company is is a larger business than all crypto trading in the world.
Enter the thread
👇👇👇
2/ Blockchain community is often seen as toxic maxis and redditors who shill other their weekly favourite shitcoin in the hope of getting Lambo.
Sometimes we also do things that progress humanity towards the better future and interest-bearing cash is one of those things.
3/ Less chad and more things that actually matter:
My incomplete theory of interest-bearing cash is also available also as a blog post:
https://t.co/uiG0fZiVyu
It is 15 pages. Pick your slow poison or die fast by continue reading here.
4/ First time in the history we have an ability to create interest-bearing cash-like instruments.
Interest-bearing cash ticks up dollar (euro) balance real-time in your wallet.
Here is a demonstration using @aaveaave aDAI, based on @makerdao DAI, and @TrustWalletApp
5/ Interest-bearing cash is not like your bank's saving account. Your money in a bank is not yours, but bank's. There are some flaws in the current banking system causing a headache for Chief Financial Officers (CFOs)
