BC POLITICS
Saved by @ThomassRichards

The Democrats are at least two parties. The progressive wing of the party (which is by no means unified) and the finance wing of the party, which is also the party leadership.

1/

 During the leadership race, the progressive wing was represented by @SenSanders and @SenWarren; the former wants to minimize the role of markets in our lives, the latter wants to redeem markets by regulating them. It's a distinction with a difference, but I donated to both.

2/
Both wings of the party have prominent representatives in Congress; Sandersism are most visibly associated with @AOC (whom I donated to) and Warrenism is embodied by @RepKatiePorter (likewise), who was also one of Warren's law school proteges.

3/
Porter is a force of nature. She is infamous - and celebrated - for her brutal, no-holds-barred questioning of both corporate and administration witnesses, using a white-board to pin them down and eviscerating any attempts at bullshittery.

4/
This isn't just about getting facts into the record (though, she is SO GOOD at getting facts into the record!), it's also about effecting change, like when she single-handedly cornered the CDC's chief into guaranteeing universal, free covid tests:

https://t.co/WAfa4Ox5As

5/
During the 2020 election, corporate democrats and their supporters excoriated anyone who dared to question whether the party's corporate establishment would ever rise to the occasion and deliver the transformative change it demands.

6/
This "disunity" was treated as a reckless invitation to an apocalyptic second Trump term. Particular viciousness was directed at we who questioned the party leadership, such as supporters of @ShahidForChange, a radical human rights lawyer who primaried @SpeakerPelosi.

7/
Though Buttar was the target of a racist, Islamophobic smear-campaign mounted by party hacks, he fought a good and important fight (I was a donor to his campaign):

https://t.co/nmX0i2YJUd

8/
Pelosi's return to Congress means that Congressional Dems are now subject to her instincts, whims and loyalties. Those loyalties run deep. Pelosi is a major recipient of finance-sector donations.

https://t.co/ldOG3UlHfg

9/
Finance is one of the great villains of our century, and their cheating, theft, and destruction - foreclosures, fake accounts, usury, theft - have been rewarded, not punished. They showered establishment Dems with unprecedented sums in 2020:

https://t.co/FupfYyQ0fp

10/
One of the bright lines separating the progressive Dems from their establishment rivals is the finance sector. The latter love 'em ("that's where the money is" -W Sutton). The former are eager to euthanize some rentiers (-JM Keynes).

11/
Now, it happens that the Dems' most powerful scourge of the finance sector is Katie Porter, whose public eviscerations of finance criminals and their government enablers are the stuff of legend.

Here she is gutting @jpmorgan's Jamie Dimon:

https://t.co/ezIeQnnX4I

12/
And here she is just slaughtering the henhouse fox from Trump's Consumer Finance Protection Bureau:

https://t.co/NkoMYybLdz

Steve Mnuchin didn't have a chance. Oh my god is that mediocre, upward-failing cartoon villain out of his league.

https://t.co/Cu6xtkL4yW

13/
Which brings me back to Nancy Pelosi.

Who just rigged it so that Katie Porter will no longer be on the Congressional Finance Committee.

https://t.co/qa7lKhbrwN

14/
At a moment where the Dems' midterm fortunes are absolutely dependent on their willingness to deal out a reckoning to the banks for their covid profiteering, they are eliminating their most ardent and skilful finance-fighter.

15/
Pelosi thinks the problem isn't systemic, it's individual: that we have to reform bad banks, not banking itself. Pelosi is also worth ~$200m (mostly through her husband, a prominent finance leader) and depends on finance-sector contributions.

https://t.co/lBtVm9RjY7

16/
As Upton Sinclair wrote, "It is impossible to get a Congressional Majority Leader to understand something when her political career and family fortune depend on her not understanding it."

(Sinclair sometimes got eerily specific!)

17/
Porter is a force of nature. She flipped a red district and then won it again while publicly supporting Medicare For All. She upended the staffer-controlled Finance Committee, ending the reign of underlings who cycled in and out of the finance sector and finance regulation.

18/
The Pelosi-controlled Steering Committee appointed her to two other committees (Oversight and Natural Resources) then refused to waive the rule against serving on more than two committees, forcing her off the Finance committee.

19/
Porter is the only single mom of school-aged children in the House, giving her a unique perspective on finance that is completely alien to colleagues whose fortunes rise to the hundreds of millions.

20/
Economically, by every quantitative measure, establishment Dems are significantly to the right of Richard Nixon. Their lip-service to progressive causes stretches as far as replacing half of the 150 white dudes who own the world with women and people of color.

21/
Biden is already moving to stuff his administration with finance sector ghouls who made (literal) bank off of 393,000 US covid deaths.

The decision to call off the banks' fiercest watchdog puts the Democratic Congressional majority at risk in 2022.

22/
And that puts everything at risk: climate, economic justice, and repelling the forces of violent white nationalism.

eof/

More from Cory Doctorow #BLM

Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
It's been twenty years, to the day, since I published my first blog-post.

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.

https://t.co/lksXhU6HKM

1/


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.

2/

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.

3/

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.

5/
CULTURE
Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
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.

1/

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.

2/

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.

5/
SOCIETY
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Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
The Night of the Short Fingers saw many of the US's largest tech companies blocking Trump and trumpist platforms like Parler, provoking a storm of punditry about What It All Means for the tech companies to have taken this content moderation step.

1/


The best expert I know on the subject is @jilliancyork, my @eff colleague. She's published "an ongoing list" of "everything pundits are getting wrong about this current moment in content moderation."

You should read it.

Here's some highlights:

“Deplatforming Trump sets a precedent."

York: "The only 'precedent' set here is that this is indeed the first time a sitting US president has been deplatformed by a tech company."

3/

But political leaders around the world have already received this treatment: Lebanon, Burma, etc. Even the reach of the deplatforming is nothing new: last summer's US Iran ban saw blocks of everything, up to and including Etsy listings for "Persian dolls."

4/
HISTORY
Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
Today's Twitter threads (a Twitter thread).

Inside: Planet Money on HP's myriad ripoffs; Strength in numbers; and more!

Archived at: https://t.co/esjoT3u5Gr

#Pluralistic

1/


On Feb 22, I'm delivering a keynote address for the NISO Plus conference, "The day of the comet: what trustbusting means for digital manipulation."

https://t.co/Z84xicXhGg

2/


Planet Money on HP's myriad ripoffs: Ink-stained wretches of the world, unite!

https://t.co/k5ASdVUrC2

3/


Strength in numbers: The crisis in accounting.

https://t.co/DjfAfHWpNN

4/


#15yrsago Bad Samaritan family won’t return found expensive camera https://t.co/Rn9E5R1gtV

#10yrsago What does Libyan revolution mean for https://t.co/Jz28qHVhrV? https://t.co/dN1e4MxU4r

5/
FOR LATER READ
Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
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.

1/


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.

2/

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."

3/

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.

4/

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.

5/
TRADING , STOCK MKT

More from Politics

Mike Dunford
Mike Dunford
@questauthority
Election Litigation Update - Gohmert.

Reply brief is in. Let's have a look. They are, mercifully, underlength. They had 50 pages available, the PDF is 43 and some of that is cover page, signatures,

Interesting table of contents. Looks like they're packing a lot in, until you realize that much of the material that's important - like their response to the "you sued the wrong person" material and "injury in fact" take up very little space.


Looks like they decided to skip the table of authorities. Presumably GoogleDocWord ate it too bad for them to fix. This will certainly further endear them to the judge.


This is going to be interesting - leading off a reply brief with a "here's what our cause is about" is certainly a strategy. It's even a bold strategy.

Shall we dig deeper, Cotton?


"We live in a democratic republic in which the Vice President, who will more often than not be a candidate in the election, has the sole and unchallengeable power to decide who wins the election" is a hellofa take.
POLITICS
Palmer Report
Palmer Report
@PalmerReport
That new attack piece about Seth Abramson is full of easily debunked false claims. Whenever the mainstream media gets annoyed at an indie pundit like Seth, it just publishes a bunch of bullshit about him, and most people mistakenly believe it. They've done the same thing to me.

The sad part is that when the author of that piece tried to smear a bunch of mainstream media journalists for daring to compare notes with him, they all responded by lying and said they've never compared notes with him. Even though Abramson has proof that they have.

This is the EXACT same strategy that certain mainstream media outlets used against me in 2017-2018. First they lied about me. Then they attacked my mainstream media associates for associating with a "fake news" pundit like me. Then some in the media felt compelled to disown me.

Sadly, it didn't matter that I had overwhelming proof that everything said about me in those attack pieces was false. When you defend yourself, no matter how factually, the average observer merely decides you're being "defensive" and therefore guilty as charged.

Ask yourself why the mainstream media is choosing now to dishonestly attack Abramson. The media's ratings are way down now that Trump is gone. Abramson presumably still has his entire niche audience intact. So the media gets jealous and takes it out on him.
POLITICS
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Henry Farrell
Henry Farrell
@henryfarrell
1. Short thread - on the various claims we're seeing from Republican politicians over the last few days that the Democratic push for accountability is "divisive." Damn right it's divisive - that is what it has to be.

2. It is intended to enforce a clear division between those who accept and are committed to democracy and those who are willing to turn to violence when the vote doesn't turn out the way that they want it to.

3. One of the basic implications of Adam Przeworski's theoretic work is that democracy is made out of mutually reinforcing expectations, and those expectations are fragile. If some actors think they would be better off defecting from the democratic bargain, they will.

4. In other words: democracy and armed factionalism are far closer than we think, or we would like them to be. This means that it is incredibly important to police the boundaries between them. Allowing some to turn to violence can lead to expectation collapse and cascading ruin.

5. When we allow the divisions to become blurred, that means that we are running the perpetual risk of things getting fucked up. If a major faction turns to violence, and no-one responds, things can get really fucked up really, really fast.
POLITICS
@amuse
@amuse
@amuse
ENEMY OF THE STATE: There is a growing concern in Biden's administration that the world's richest African American could pose a huge problem for Biden and Democrats in general. This thread discusses the possible reasons why they fear the mercurial billionaire named Elon Musk.
POLITICS
Lea Kissner
Lea Kissner
@LeaKissner
Last talk about Securing Democracy at #enigma2021: @jackhcable speaking about "THE FULL STACK PROBLEM OF ELECTION

Let's imagine that elections use all the security measures security people have been advocating: risk-limiting audits, paper ballots, etc. Would people trust the elections more?

Jack would argue no. Most people don't understand this stuff and most of the claims people are making can't be disproven. And are massively bogus already.

Georgia did a full recount on paper ballots and it very much didn't stop people from doubting the election!

Are election security results in vain? The point of election security is to convince the loser they lost.

No! Have to focus on the whole stack, from election infrastructure to campaigns to people and mis/dis-informaton


One takeaway from the talk: the parts of the stack must work in tandem. Can't fight misinformation in a vacuum, but must build on other election security measures.
POLITICS

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一个北大毕业的殡葬工自述武汉封城期间的经历，凄惨。这应该才是武汉的真实情景，跟很多人的叙述是吻合的。


https://t.co/QYTO1SYedG
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Shaun Russell
Shaun Russell
@_ShaunRussell
"I really want to break into Product Management"

make products.

"If only someone would tell me how I can get a startup to notice me."

Make Products.

"I guess it's impossible and I'll never break into the industry."

MAKE PRODUCTS.

Courtesy of @edbrisson's wonderful thread on breaking into comics – https://t.co/TgNblNSCBj – here is why the same applies to Product Management, too.


There is no better way of learning the craft of product, or proving your potential to employers, than just doing it.

You do not need anybody's permission. We don't have diplomas, nor doctorates. We can barely agree on a single standard of what a Product Manager is supposed to do.

But – there is at least one blindingly obvious industry consensus – a Product Manager makes Products.

And they don't need to be kept at the exact right temperature, given endless resource, or carefully protected in order to do this.

They find their own way.
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Noah Smith
Noah Smith
@Noahpinion
1/OK, data mystery time.

This New York Times feature shows China with a Gini Index of less than 30, which would make it more equal than Canada, France, or the Netherlands. https://t.co/g3Sv6DZTDE

That's weird. Income inequality in China is legendary.

Let's check this number.

2/The New York Times cites the World Bank's recent report, "Fair Progress? Economic Mobility across Generations Around the World".

The report is available here:

3/The World Bank report has a graph in which it appears to show the same value for China's Gini - under 0.3.

The graph cites the World Development Indicators as its source for the income inequality data.


4/The World Development Indicators are available at the World Bank's website.

Here's the Gini index: https://t.co/MvylQzpX6A

It looks as if the latest estimate for China's Gini is 42.2.

That estimate is from 2012.

5/A Gini of 42.2 would put China in the same neighborhood as the U.S., whose Gini was estimated at 41 in 2013.

I can't find the <30 number anywhere. The only other estimate in the tables for China is from 2008, when it was estimated at 42.8.
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KENYAN\U0001f1f0\U0001f1ea HISTORY\U0001f1f0\U0001f1ea
KENYAN🇰🇪 HISTORY🇰🇪...
@historykenya101
Have you ever wondered why the sons and daughters of the colonial chiefs and guards who were collaborators live a good life while those of the MAU MAU fighters live in abject poverty?

***THREAD***


It should be known that the colonialists reached a point that they knew they had 2 leave Kenya since they couldn't handle the Mau Mau war & the world was moving toward accepting independent Africa.However,the colonialists devised an evil scheme that still eats Kenya upto this day

Under this scheme, the colonial state came up with a plan that saw the first crop of chiefly “big men” being empowered financially to take their children to schools and eventually have those children go to England for further studies...

...and eventually providing a ready-made socio-economic & political class whom state power could be entrusted in the post-colonial era.This explains why their children & grandchildren still hold majority of important positions in govt or in the private sector supported by state.

This also explains why children and grandchildren of these homeguards are always given preferential treatment when it comes to government appointments. Wewe na masomo yako you are always asking why you can never get a job in government...yet you're qualified..now you know.
HISTORY
Vibhu Vashisth
Vibhu Vashisth
@VIBHU_Tweet
शमशान में जब महर्षि दधीचि के मांसपिंड का दाह संस्कार हो रहा था तो उनकी पत्नी अपने पति का वियोग सहन नहीं कर पायी और पास में ही स्थित विशाल पीपल वृक्ष के कोटर में अपने तीन वर्ष के बालक को रख के स्वयं चिता पे बैठ कर सती हो गयी ।इस प्रकार ऋषी दधीचि और उनकी पत्नी की मुक्ति हो गयी।


परन्तु पीपल के कोटर में रखा बालक भूख प्यास से तड़पने लगा। जब कुछ नहीं मिला तो वो कोटर में पड़े पीपल के गोदों (फल) को खाकर बड़ा होने लगा। कालान्तर में पीपल के फलों और पत्तों को खाकर बालक का जीवन किसी प्रकार सुरक्षित रहा।

एक दिन देवर्षि नारद वहां से गुजर रहे थे ।नारद ने पीपल के कोटर में बालक को देख कर उसका परिचय मांगा -
नारद बोले - बालक तुम कौन हो?
बालक - यही तो मैं भी जानना चहता हूँ ।
नारद - तुम्हारे जनक कौन हैं?
बालक - यही तो मैं भी जानना चाहता हूँ ।

तब नारद ने आँखें बन्द कर ध्यान लगाया ।


तत्पश्चात आश्चर्यचकित हो कर बालक को बताया कि 'हे बालक! तुम महान दानी महर्षि दधीचि के पुत्र हो । तुम्हारे पिता की अस्थियों का वज्रास्त्र बनाकर ही देवताओं ने असुरों पर विजय पायी थी।तुम्हारे पिता की मृत्यु मात्र 31 वर्ष की वय में ही हो गयी थी'।

बालक - मेरे पिता की अकाल मृत्यु का क्या कारण था?
नारद - तुम्हारे पिता पर शनिदेव की महादशा थी।
बालक - मेरे उपर आयी विपत्ति का कारण क्या था?
नारद - शनिदेव की महादशा।
इतना बताकर देवर्षि नारद ने पीपल के पत्तों और गोदों को खाकर बड़े हुए उस बालक का नाम पिप्पलाद रखा और उसे दीक्षित किया।
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