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
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
More from Rachel "The Doc" Bitecofer 📈🔭🍌
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
1. SO MUCH more than that. What Barr & the GOP pulled off w the release of the Mueller Report was demonstrated mastery of the American media & the news cycle.
They manipulated both brilliantly.
The reason reporters are conditioned to report a stalled bill as "Congress failing
2. to pass a covid relief bill"- the norm of objectivity- has allowed the RNC/GOP/Trump to develop a system to manipulate the media into doing their dirty work. But never have we seen it orchestrated so deliberately & cleanly as it was to neutralize the Mueller Report. By his
3. "Letter to Congress" where he intentional mispresented the findings of the report on 2 crucial areas- the investigation's conclusions regarding the activities of the Trump campaign and Russia and whether or not the President's actions to damage/disrupt the investigation
4. constitutes obstruction of justice, Barr & the GOP team understood that if the report was released, the media would likely get out on its own this meaning: Trump campaign's contacts with Russia did not rise to criminal charges and that Trump can not be charges w obstruction
5. while being president. BUT, by sending out this letter that interprets the report for the media in advance (well in advance!) of the actual report- Barr can instead tell the media a different narrative, far more favorable to Trump. These, of course, go on to become the
They manipulated both brilliantly.
The reason reporters are conditioned to report a stalled bill as "Congress failing
Barr lied about the contents of the Mueller Report\u2019s findings to the public right out of the gate and repeatedly lied about them under oath.https://t.co/aul3Yjqno2
— Bill Pascrell, Jr. (@BillPascrell) December 14, 2020
2. to pass a covid relief bill"- the norm of objectivity- has allowed the RNC/GOP/Trump to develop a system to manipulate the media into doing their dirty work. But never have we seen it orchestrated so deliberately & cleanly as it was to neutralize the Mueller Report. By his
3. "Letter to Congress" where he intentional mispresented the findings of the report on 2 crucial areas- the investigation's conclusions regarding the activities of the Trump campaign and Russia and whether or not the President's actions to damage/disrupt the investigation
4. constitutes obstruction of justice, Barr & the GOP team understood that if the report was released, the media would likely get out on its own this meaning: Trump campaign's contacts with Russia did not rise to criminal charges and that Trump can not be charges w obstruction
5. while being president. BUT, by sending out this letter that interprets the report for the media in advance (well in advance!) of the actual report- Barr can instead tell the media a different narrative, far more favorable to Trump. These, of course, go on to become the
1. Yes, Trump will claim to intend to target GOP senators up for reelection in '22 (like he did to Thune with Kristi Noem) if they don't join in @HawleyMO's sedition on Jan. 6, but the fact is, it's not clear whether Trump will be successful in ANY of those efforts & voting yes
2. to hedge off these threats will also create fissures & fractures for these incumbents among other elements of their party that could complicate their renominations. Indeed, what worries me the most about the potential for the country to slip into @anneapplebaum territory is
3. that what should be robust and intense push back from the party establishment against actually ending democracy- bc that's what Trump's request would do, if it was granted, is fairly muted. What we SHOULD be seeing from the mainstream of the party is threats to strip committee
4. assignments, chairs, privileges, even reelection funds, if anyone gets involved in this bullshit- in the House & the Senate, and the fact that you don't see it is more than a story of McConnell & McCarthy being afraid of Trump & his base. Its a story of receptivity, of the
5. level of receptivity the congressional and party leadership is dealing with both within the rank and file membership of the party and within its donor class, and THAT, my friends, is why you find me so concerned. That, and my decision to finally pull @anneapplebaum's book
A lot of conversations today among Republican senators over move by @HawleyMO to challenge the certification of Biden\u2019s Electoral College victory. Small groups of Rs were huddling on & off the floor trying to game out the politics of what will happen Jan. 6
— John Bresnahan (@bresreports) January 1, 2021
2. to hedge off these threats will also create fissures & fractures for these incumbents among other elements of their party that could complicate their renominations. Indeed, what worries me the most about the potential for the country to slip into @anneapplebaum territory is
3. that what should be robust and intense push back from the party establishment against actually ending democracy- bc that's what Trump's request would do, if it was granted, is fairly muted. What we SHOULD be seeing from the mainstream of the party is threats to strip committee
4. assignments, chairs, privileges, even reelection funds, if anyone gets involved in this bullshit- in the House & the Senate, and the fact that you don't see it is more than a story of McConnell & McCarthy being afraid of Trump & his base. Its a story of receptivity, of the
5. level of receptivity the congressional and party leadership is dealing with both within the rank and file membership of the party and within its donor class, and THAT, my friends, is why you find me so concerned. That, and my decision to finally pull @anneapplebaum's book
More from Crypto
2020 was a game changer for Ethereum.
The vast majority of its success was fueled by #DeFi.
Here's what happened in 5 Tweets 🔽
1) Governance Tokens 🪙
Projects gave complete ownership of billion dollar protocols to their users, often using retroactive airdrops.
Early adopters earned tokens for past usage, and token-based voting now dictates all technical
2) Liquidity Mining ⛏️
Power users were the first to earn on-going distribution by providing liquidity.
$COMP sparked the wave, with $BAL coining the term a few weeks
3) Yield Faming 🌾
Projects coupled liquidity mining and governance tokens to boost 'yields' by combining lending rates with an incentive layer.
APYs peaked as high as 1M% during 'DeFi summer', leading to a 'food coin' craze like $YAM and
4) Fair Launches ✅
Who needs investment when you can launch using yield farming?
@iearnfinance debuted $YFI with no formal funding, seeding a community treasury for self-sustainability.
The notion of a core team and community became one and the
The vast majority of its success was fueled by #DeFi.
Here's what happened in 5 Tweets 🔽
1) Governance Tokens 🪙
Projects gave complete ownership of billion dollar protocols to their users, often using retroactive airdrops.
Early adopters earned tokens for past usage, and token-based voting now dictates all technical
It pays to be a web3 power user.
— Coopahtroopa \U0001f525_\U0001f525 (@Cooopahtroopa) December 9, 2020
Five networks that issued retroactive airdrops to value added actors \U0001f4dd
2) Liquidity Mining ⛏️
Power users were the first to earn on-going distribution by providing liquidity.
$COMP sparked the wave, with $BAL coining the term a few weeks
BAL is live!
— Balancer Labs (@BalancerLabs) June 23, 2020
The 435k BAL for liquidity providers of the first three weeks of liquidity mining (145k per week) have just been sent out to the wallets used to provide liquidity on Balancer.https://t.co/pkXFzwzPVC
3) Yield Faming 🌾
Projects coupled liquidity mining and governance tokens to boost 'yields' by combining lending rates with an incentive layer.
APYs peaked as high as 1M% during 'DeFi summer', leading to a 'food coin' craze like $YAM and
Check out @Cooopahtroopa's latest post for all the #DeFi farmers out there \U0001f468\u200d\U0001f33e
— Zerion \U0001f3e6 (@zerion_io) June 26, 2020
Turns out @synthetix_io & @CurveFinance were ploughing the fields long before $COMP & $BAL came along.
Learn how to put your #crypto to work with this #yieldfarming 101 \U0001f4b8
\U0001f449 https://t.co/zYUKtqx3BK
4) Fair Launches ✅
Who needs investment when you can launch using yield farming?
@iearnfinance debuted $YFI with no formal funding, seeding a community treasury for self-sustainability.
The notion of a core team and community became one and the
2/ What is a Fair Launch?
— fair launch capital (@fairlaunchcap) August 26, 2020
A FL enables founders to bootstrap new crypto networks that are earned, owned, and governed by their community from the outset.
In this dynamic, everyone participates on equal footing\u2014there is no early access, pre-mine, or allocation of tokens.
