Accountancy is more likely to be mocked than celebrated (or condemned), but accountants, far more than poets, are the unacknowledged legislators of the world.
More from Cory Doctorow #BLM
Inside: Stop saying "it's not censorship if it's not the government"; Trump's swamp gators find corporate refuge; and more!
Archived at: https://t.co/7JMcAbaULj
Monday night, I'll be helping William Gibson launch the paperback edition of his novel AGENCY at a Strand Bookstore videoconference. Come say hi!
Stop saying "it's not censorship if it's not the government": I didn't expect the Spanish Inquisition.
If you think "It's not censorship unless the government does it," I want to change your mind.— Cory Doctorow #BLM (@doctorow) January 24, 2021
It's absolutely true that the First Amendment only prohibits government action to suppress speech based on its content, but the First Amendment is not the last word on censorship.
Trump's swamp gators find corporate refuge: The Swamped project.
Have you seen the stories about how Trump administration officials and staffers for Ted Cruz are finding that no one in the private sector will hire them because they are forever tainted by their former bosses' disgraceful behavior?— Cory Doctorow #BLM (@doctorow) January 24, 2021
#15yrsago A-Hole bill would make a secret technology into the law of the land https://t.co/57bJaM1Byr
#15yrsago Hollywood’s MP loses the election — hit the road, Sam! https://t.co/12ssYpV46B
#15yrsago How William Gibson discovered science fiction https://t.co/MYR0go37nW
After all, the very first skirmishes of the US war of independence were based on a conspiracy theory: that the levy on tea was a prelude to a sellout of the colonists to transnational mercantalist interests. US politics have always been conspiratorial.
I found @zacharykarabell's @politico history of the Know Nothing party especially useful, as it tells the story of what happens when surging, paranoid, fractious political movements
The American Party was a secret 19th century organization founded on a conspiracy theory: that Irish immigrants were secretly planning a takeover of the US on behalf of the Pope.
I'm a blogger.
Blogging - publicly breaking down the things that seem significant, then synthesizing them in longer pieces - is the defining activity of my days.
Over the years, I've been lauded, threatened, sued (more than once). I've met many people who read my work and have made connections with many more whose work I wrote about. Combing through my old posts every morning is a journey through my intellectual development.
It's been almost exactly a year I left Boing Boing, after 19 years. It wasn't planned, and it wasn't fun, but it was definitely time. I still own a chunk of the business and wish them well. But after 19 years, it was time for a change.
A few weeks after I quit Boing Boing, I started a solo project. It's called Pluralistic: it's a blog that is published simultaneously on Twitter, Mastodon, Tumblr, a newsletter and the web. It's got no tracking or ads. Here's the very first
I don't often do "process posts" but this merits it. Here's how I built Pluralistic and here's how it works today, after nearly a year.
I get up at 5AM and make coffee. Then I sit down on the sofa and open a huge tab-group, and scroll through my RSS feeds using @newsblur.
If you've read U Missouri econ prof Michael Hudson's writings on the subject, you know that for millennia, rulers in these circumstances simply wiped out the debts, declaring a "jubilee" that allowed people to rebuild after disasters rather than being trapped in debt spirals.
In a new essay on @NakedCapitalism called "How an 'Act of God' Pandemic Is Destroying the West: The US Is Saving the Financial Sector, Not the Economy," Hudson reveals the abyss on whose brink we are balanced, and what we must do to pull back from
Hudson's oft-repeated golden rule is "Debts that can't be paid, won't be paid." That is to say: making it harder to declare bankruptcy, or binding debtors over to arbitration or wage-garnishing won't actually get them to pay debts they cannot afford.
This is a very sharp observation in the US context. The 2008 crisis was "solved" by bailing out finance, not people - and so the finance sector was able to lend to consumers to buy things again, while consumer debt mounted to spectacular levels.
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.
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."
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.
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.
More from History
Here’s a thread about The Black Tom explosion: a terrorist attack on American soil and major event in US history. However, no one has heard of it and I believe it’s proof that our timeline may be changing.
On July 30th, 1916, in Jersey City, German agents destroyed American ammunition supplies by setting them on fire. The incident is famous for causing damage to the Statue of Liberty.
The fires caused the ammunition supplies to explode, lodging fragments in buildings miles away including the Statue of Liberty and the clock tower of The Jersey Journal, stopping the clock at 2:12 am.
The explosion caused windows to shatter as far as 25 miles away, including thousands in lower Manhattan. Some window panes in Times Square were shattered. Even stained glass windows in St. Patrick's Church were destroyed.
The explosion was so strong is registered as a 5.5 earthquake on the Richter scale. It could be felt as far away as Philadelphia. The explosion cracked the outer wall of Jersey City's City Hall and the Brooklyn Bridge was shaken. People as far away as Maryland were woken up.
There is a British couple running for life. A Lalaji offered to help. He said, ‘I have a plan that can save your life. You cross Yamuna and reach Rampur or a safe heaven.’ But how does one cross Yamuna ? The city is up in arms. People will kill us./3
Lala ji said ‘See I am a very good swimmer. You piggback me and I will swim you across Yamuna.‘ It is a dark night Lalaji takes the couple to the bank of Yamuna. One by one, they piggyride Lalaji and cross Yamuna. Lalaji ensures that safe passage./4
Unfortunately, the British win the war. The British resorted to massacre to massacre in Delhi. A few days later the British couple returns to Delhi. The couple summons Lala ji. They asked Lala ji ‘What can we do for you ?” Lalaji said, ’kuchh nahin Sab.’/5
Next day Lalaji is summoned again. The British officials are also present. The man says, “Lalaji, this is a token amount of 50,000/-rupees in cash. In addition, you are appointed the Kotwal of Ferozepur.” Lalaji is very happy and goes to Ferozepur./6
Truth is a bit more complex. /1
#WW2 #SWW #History
Deliveries of Firefly to units only commenced in April 1944,
just a few weeks before Overlord & left minimal time for familiarisation.
Armoured Regiments mostly utilised Fireflies on a basis of 1 per troop of 4 tanks. /2
Finally each armoured regiment troop had access to integral, meaty, anti-tank firepower capable of dealing serious damage to any German AFV likely to be encountered. /3
The dual purpose 75mm gun was quite capable of laying down a reasonable HE shell or AP round for dealing with Panzer III or IV.
Firefly's 17 Pounder had.... problems with HE, but excelled at tank killing. So Tigers and Panthers would need to be wary. /4
Firefly's design history dated back to March 1943 when the General Staff published "Policy on Tanks" which effectively stated the majority of tanks should have a good HE weapon and...
[See image below] /5
First there is the problem of the date. The inventory with a reference to 'two Moors in one painting' was drawn up in 1656 in what is now the @Rembrandthuis; however, the painting that hangs in the @Mauritshuis bears not only Rembrandt’s signature but also the year 1661.
Was the painting made in 1656 while Rembrandt was still living and working in Jodenbreestraat, and not signed and sold until 1661, when he had moved to the Jordaan district? The 1656 estate inventory suggests this.
On the other hand, it is of course possible that Rembrandt painted several pictures featuring two black men. Nevertheless, supposing that it is one and the same
painting, then we can assume that the two men
were in the studio in Jodenbreestraat to be portrayed in or before 1656.
Of course there still are dozens of candidates, since there was a small Black community in the area. However, it is striking, and exceptional, that two men are portrayed instead of one, as was customary in this genre.
A perfect moment for a thread on the Hunt Brothers and their alleged attempt to corner the silver market...
1/ First, let's set the stage.
The Hunt Brothers - Nelson Bunker Hunt, William Herbert Hunt, and Lamar Hunt - were the sons of Texas tycoon H.L. Hunt.
H.L. Hunt had amassed a billion-dollar fortune in the oil industry.
He died in 1974 and left that fortune to his family.
2/ After H.L.'s passing, the Hunt Brothers had taken over the family holdings and successfully managed to expand the Hunt empire.
By the late 1970s, the family's fortune was estimated to be ~$5 billion.
In the financial world, the Hunt name was as good as gold (or silver!).
3/ But the 1970s were a turbulent time in America.
Following the oil crisis of the early 1970s, the U.S. had entered a period of stagflation - a dire macroeconomic condition characterized by high inflation, low growth, and high unemployment.
Stagflation 101— Sahil Bloom (@SahilBloom) September 2, 2020
The term "stagflation" is used frequently in discussions of monetary policy and risks in the post-COVID world.
But what is stagflation and how does it work?
Here's Stagflation 101!
4/ The Hunt Brothers - particularly Nelson Bunker and William Herbert - believed that the inflationary environment would persist and destroy the value of their family's holdings.
To hedge this risk, they turned to silver.
They began buying the metal at ~$3 per ounce in 1973.
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2/ I like secondary for entrepreneurs. Moderation is key but in a lot of situations I think it helps accelerate the co. Lots of very smart investors disagree. Here are my thoughts.
3/ Magnitude: My basic rule of thumb from what I see is market is 4+ yrs and up to 10% of founder’s equity stake with some $ cap that makes sense given stage etc. (typically <$10m)
4/ The entrepreneurial journey is brutally hard. Giving some financial relief helps remove one piece of pressure. I don’t think that secondary in the magnitude mentioned impacts the drive/persistence of great entrepreneurs.
5/ That secondary means they will be able to just sleep knowing they can pay their kids’ tuition. Secondary will make most founders better at their jobs, thus accelerating the co.
Mitesh Sir's FUTURES BREAKOUT TRADES 101:
• How to pick stocks at right time?
• What to look for?
• Importance of BO post consolidation
• How to manage SL
• How to get huge profits
• Multiple Examples
In collaboration with @niki_poojary
Importance of Trading only BO or BD stocks by @Mitesh_Engr Sir: 👇
•Two questions to always ask:
~Why stock is going up/down and when?
~ Who is behind big up/down and when?
• Trade only stocks with Momentum
• Instant results
• Small SL or huge profits
Sir's take on how to Trade: 👇
• Observe fight between buyer & seller
• Position will be created within first 3 hours
• Operators will win
• Just find BO or BD
• Look for huge volume support
• Give company to operators
• ATP importance explained
How to take trade in Breakout/Breakdown stocks by @Mitesh_Engr Sir: 👇
• Check Support & Resistance
• Wait for 2-3 months consolidation
• Surge in volumes
• Trade on 3 min charts
• Small SL
• Keep trailing
• Always pyramid in profit
When and Why to Pyramid? By @Mitesh_Engr Sir
• Adding to winning positions
• Signals of continued strength
• Potentially large profits
• An Example of pyramiding in one of his trades
Samayapuram Mariamman Temple is located in Samayapuram of
Tiruchirappalli district. Mariyamman here is worshipped as Samayapurathal a form of Parashakti.
Amman vigraham here is made of sand and clay so
no abhishekam done to the main vigraham. Samayapuram Mariamman Temple is one of the famous Shakthi Sthal of Tamilnadu.
Story says that paramashiva created Kali, out of the poison that he drank during samudra mathanam. As Devi originated from the Kaalakoota/ halahala poison,
thus the name Kaali. Mariamman is believed to be a form of Kaali, and is also known as Mahamayi. It is also believed that Maharaja Dasharatha offered his prayers here.
Mariamman is Parashakti herself who blesses with prosperity and she is believed to cure all diseases.
Paramashiva, Mahavishnu and Brahma Deva are believed to have taken blessings of Mariamman here.
Om Shakti Para Shakti
1)King Porus was a famous Indian king, his real name was #Purushotama. He belonged to PURU tribe mentioned in #RIG_VEDA, the Ancient books of India.
2) Porus ruled the Punjab region and expanded his kingdom between the Jhelum River and Chenab River in the Indian Subcontinent. He was a legendary warrior and more war skills. He made the army most powerful with war skills. Even Alexander had also made difficulty to defeat Porus.
3)Word of Mouth Oral tradition in #Mohyal_Brahmin families since ancient times has kept the Great Saga of their Great Elder known to them as Maharaja “ #Puru” alive.
4) When #Alexander the Great invaded India in 326 BC he was challenged near Taxila by a mere chieftain of the Area. He was King #Porus, a #Vaid_Mohyal. After his encounter with Porus, Alexander met with more resistance near Multan where the forces were predominantly #Mohyal.
5)The Bali rulers of Multan fiercely engaged with Alexander's army in skirmishes in which many senior Generals died. Later during the long and bitter fighting in #Multan, Alexander got hurt by an arrow which pierced his chest ,
It is said that the one who bears the dust thrown from the hoof of Gaumata on his head, as if taking a bath in the water of the teerth sthalam and getting rid of all sins.
Ved and all other Hindu scriptures venerate the cow. The Vedic dictionary, Nighantu, gives amongst other synonyms of 'Gau' [ or cow] the words 'Aghnya', 'Ahi', and 'Aditi'.
Yaska the vedic decoder and commentator on Nighantu, defines these as-
Aghnya —— the one that ought not to be killed
Ahi —— the one that must not be slaughtered.
Aditi —— the one that ought not to be cut into pieces.
These three names of cow signify that this is an animal which should not to be put to tortures. These words appear frequently throughout the Veda in context of the cow.
But in due course the falsehood of killing cows spread far and wide and they became even more deep rooted when western scholars with their half baked knowledge of Sanskrit transliterated these interpretations of commentaries of Sayanacharya ,