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.

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 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.

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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.

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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.

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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

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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.

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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
When they write the history of this era, one of the strangest chapters will be devoted to Uber, a company that was never, ever going to be profitable, which existed solely to launder billions for the Saudi royals.

1/


From the start, Uber's "blitzscaling" strategy involved breaking local taxi laws (incurring potentially unlimited civil liability) while losing (lots of) money on every ride. They flushed billions and billions and billions of dollars down the drain.

2/

But they had billions to burn. Mohammed bin Salman, the murdering Crown Prince of the Saudi royal family, funded Softbank - a Japanese pump-and-dump investment scheme behind Wework and other grifts - with $80B as part of his "Vision 2030"

Vision 2030 is a scheme to diversify Saudi wealth away from hydrocarbons by attempting to establish monopolies that will allow the family to control entire sectors of the global economy.

4/

These schemes are longshots, and the fallback position is to unload failed monopolies - with staggering debt-overhangs - on investors who've been suckered with the promise that really big piles of shit surely have a pony buried underneath them somewhere.

5/
UBER
Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
Despite the massive triumphs of the world's largest corporations and most rapacious billionaires during the covid crisis, neoliberalism is in ideological retreat: more people are more critical of the idea that "free markets" can solve big problems than at any time in my life.

1/


The Democratic nomination race was a fight between the neoliberal wing of the party and the Democratic Socialists, with the candidates representing a spectrum between those two sides (and the odd outlier on either side).

2/

Supposedly, the party grandees brokered peace between the two main factions, but the left is rightfully suspicious about whether Biden - and Republicans-who-sit-as-Dems like Joe Manchin - will deliver anything beyond symbolic gestures.

3/

One bright spot: Bernie Sanders is finally chairing the Senate Budget Committee, giving him enormous power over muscular covid relief packages, Medicare expansion, and rolling back Trump and Bush tax-cuts on the

This is where Sanders' long experience in the Senate, and his virtuoso work using its procedures to advance his position, will serve him well. As we saw with McConnell, the ability to wield procedure is a powerful asset in getting stuff done.

5/
POLITICS
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Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
There are lots of problems with ad-tech:

* being spied on all the time means that the people of the 21st century are less able to be their authentic selves;

* any data that is collected and retained will eventually breach, creating untold harms;

1/


* data-collection enables for discriminatory business practices ("digital redlining");

* the huge, tangled hairball of adtech companies siphons lots (maybe even most) of the money that should go creators and media orgs; and

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* anti-adblock demands browsers and devices that thwart their owners' wishes, a capability that can be exploited for even more nefarious purposes;

That's all terrible, but it's also IRONIC, since it appears that, in addition to everything else, ad-tech is a fraud, a bezzle.

3/

Bezzle was John Kenneth Galbraith's term for "the magic interval when a confidence trickster knows he has the money he has appropriated but the victim does not yet understand that he has lost it." That is, a rotten log that has yet to be turned over.

4/

Bezzles unwind slowly, then all at once. We've had some important peeks under ad-tech's rotten log, and they're increasing in both intensity and velocity. If you follow @Chronotope, you've had a front-row seat to the
INTERNET
Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
Today's Twitter threads (a Twitter thread).

Inside: Privacy Without Monopoly; Broad Band; $50T moved from America's 90% to the 1%; and more!

Archived at: https://t.co/QgK8ZMRKp7

#Pluralistic

1/


This weekend, I'm participating in Boskone 58, Boston's annual sf convention.

https://t.co/2LfFssVcZQ

Tonight, on a panel called "Tech Innovation? Does Silicon Valley Have A Mind-Control Ray, Or a Monopoly?" at 530PM Pacific.

2/


Privacy Without Monopoly: A new EFF white paper, co-authored with Bennett Cyphers.

https://t.co/TVzDXt6bz6

3/


Broad Band: Claire L Evans's magesterial history of women in computing.

https://t.co/Lwrej6zVYd

4/


$50T moved from America's 90% to the 1%: The hereditary meritocracy is in crisis.

https://t.co/TquaxOmPi8

5/
TWITTER
Cory Doctorow #BLM
Cory Doctorow #BLM
@doctorow
2018 was almost the year we won the #RightToRepair.

Instead, 2018 turned out to be the year we lost #R2R: 20 bills defeated in 20 state houses, and it was mostly @apple's fault.

1/


Apple has a problem. As CEO Tim Cook warned his investors at the conclusion of his company's repair-killing lobbying spree, Apple's profits depend on people throwing away their devices, not fixing them.

By monopolizing repairs, Apple doesn't just get to gouge you on parts and service - the real action is in pronouncing your device DOA, beyond repair. Then you have to buy another one.

3/

Other companies lobbied hard against R2R: John Deere, GM, and other monopolists backed Apple's play. But Apple wrote the playbook, coming up with risible bullshit like claims that blocking independent repair is essential to protecting

Apple's anti-repair FUD got picked up and amplified by Big Car in 2020, when they spent millions fighting an automotive R2R ballot initiative in Massachusetts, claiming that letting independent mechanics at your car would lead to your actual MURDER.
BUSINESS

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Rich Weinstein
Rich Weinstein
@phillyrich1
For a few weeks I’ve been wondering about Alexandria Ocasio-Cortez and just how she emerged as a politico. Her path to Washington is shocking, at the very least. My first question was: What were her campaign positions BEFORE she became a national figure?

1/

So I went to her campaign website and took that web address and looked through the internet archive. When I went back to 2017, it was not her website, it belonged to the group "Brand New Congress."

2/

Here's what the web address https://t.co/Uhz2q4Dpll looks like now:

3/


Here's what the same web address looked like in late 2017:

4/


What's “Brand New Congress?” BNC is a group of Bernie Sanders staffers who got together, decided to make the 2018 midterms all about Bernie policies by taking his ideas & finding 400 Bernie carbon copies to dump into Congressional & other races, creating a 400 headed Bernie.

5/
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Edwin Hayward
Edwin Hayward
@uk_domain_names
Ok, it's high time to look at the REAL effects of Brexit. As the Tories implode & Labour sits on its hands, companies are executing contingency plans, shifting jobs & assets, slashing investments, or redomiciling (accounting exercise). Happening NOW, not in a fantasy future. 1/95

Barden Corporation is closing down its Plymouth factory after 51 years, putting 400 jobs at risk, as its parent company Schaeffler shifts production to various sites outside the UK due to Brexit.

8 health providers have warned of medicine shortages in the event of a no-deal Brexit: "we do not believe that the current medicine supply plans will suffice, and we will have widespread shortages if we do not respond urgently."

Pfizer - $100 million on Brexit prep: "Pfizer’s preparations are well advanced to make the changes necessary to meet EU legal requirements after the U.K. is no longer a member state, especially in the regulatory, manufacturing and supply chain areas."

The Government has spent £4.2 billion pounds on Brexit preparations (£2.2 billion in previous Budgets, plus an additional £2 billion in the most recent Budget.)
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George Pittman
George Pittman
@pittman_george
🚨 Thread: It’s Happening!

1. This may be the most important thread I’ve put together, yet. This is truly an exciting time for America. We are about to witness history in the making. It will, in fact, be Biblical. Not just for Us, but for the world.
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WAKE UP AUSTRALIA WAKE UP
WAKE UP AUSTRALIA WAKE...
@WakeAustralia
(1-6)
Some serious Political theatre went down today.

How many people worked out what was portrayed right in-front of them?

Watch how this plays out.
https://t.co/KkrXreeNof


(2-6) MP Catherine Cummings booed off stage.
Good luck getting any Dr’s on board.


(3-6) And the show continues to launch the Reignite Democracy Political Party.


(4-6) What a setup. Love the glove prop just ready to go.


(5-6) And here it is. We are coming for all the marginal seats.

How much is Jim Penman still involved behind the scenes?
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Jeff Cortese
Jeff Cortese
@jeffreycortese
1/9 Impeachment fun fact: sitting Congressman #AlceeHastings, participating in current #impeachment, was himself impeached. He was fed judge convicted on 8 articles related to bribery/lying under oath. 4-years later, he was in #Congress. Following is from

2/9 “In 1981, a fed grand jury indicted Judge Hastings along with his friend William Borders, a D.C. lawyer. Hastings was charged with conspiracy/obstruction of justice for soliciting a $150,000 bribe in return for reducing the sentences of two mob-connected felons.” #corruption

3/9 “A year after Borders was convicted, the result of an FBI sting, Hastings's case came before the criminal court. Despite Borders’ conviction, and the fact that Hastings had indeed reduced the sentences of the two felons, he was acquitted...and returned to his judicial post.”

4/9 “Subsequently, suspicions arose that Hastings had lied and falsified evidence during the trial in order to obtain an acquittal. A special committee of the 11th Circuit Court of Appeals began a new probe into the Hastings case.”

5/9 “The resulting three-year investigation ended with the panel concluding that Hastings did indeed commit perjury, tamper with evidence, and conspire to gain financially by accepting bribes. The panel recommended further action to the U.S. Judicial Conference...”
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Story 16- it is about how Bhagwan Shiva explained the meaning of Vedas to the Rishis.

வேதத்துக்குப் பொருள் அருளிச் செய்த படலம்


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SHAKTA DHARMA AND THEIR ACHARYAS

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