This thread is against attempts to 1) downplay the danger of a coup and/or 2) argue that Trump's Twitter ban is actually what we should be worried about. All posts are directly lifted from today's WSWS perspective, linked at the end.

#CoupAttempt

The claims being made by various pseudo-left tendencies that the seriousness of the events in Washington should not be exaggerated, that it is wrong to refer to a coup, are dangerously complacent.
Jacobin magazine, which is affiliated with the Democratic Socialists of America, argues against “social media posts and liberal magazines of record [that] immediately characterized the rampage as a coup.”
The danger of fascistic violence, Jacobin claims, is minimal because the ruling class supports democracy. It writes: “The takeover of the Capitol has laid bare the lack of backing, both among corporate elites and within state institutions, for far-right authoritarianism. [...]
[...] Capital, it seems, is still committed to liberal democracy, which has served to safeguard its interests throughout American history.” [end of Jacobin quote]
Such comments combine political stupidity with the utter complacency that characterizes the privileged layers of the upper-middle class for whom Jacobin speaks.
The authoritarian actions of Trump, according to Jacobin, are disconnected from the class interests of the ruling oligarchy and the massive social inequality that has eroded the objective basis for democracy.
The pressures arising from social polarization have been driven to the point of explosion by the pandemic, in which more than 385,000 people in the United States have died.
Another aspect of the complacent underestimation of the political crisis and the dangers posed by Trump’s attempted coup has been the response to the shutting down of Trump’s Twitter account over the weekend.
To see this action [Trump's Twitter ban], in the present circumstances, as the main threat to democratic rights expresses a complete underestimation of what is now taking place.
Trump is not merely an individual, let alone the representative of a dissident progressive and left-wing movement.
[Trump] is the commander-in-chief of the armed forces of the United States, with staggering power at his disposal—including the power to launch a nuclear war—as long as he is president.
To insist on his unfettered access to Twitter and social media—so that he can mobilize and incite his fascistic followers throughout the country—as if this were a critical free speech issue is politically irresponsible, if not insane.
And if it is impermissible to shut down his Twitter account, it must be doubly impermissible to demand his immediate removal from the White House and arrest!

More from Trump

Long thread: Because I couldn’t find anything comprehensive, I’m just going to post everything I’ve seen in the news/Twitter about Trump’s activities related to the Jan 6th insurrection. I think the timing & context of his actions/inactions will matter a lot for a senate trial.

12/12: The earlier DC protest over the electoral college vote during clearly inspired Jan 6th. On Dec 12th, he tweeted: “Wow! Thousands of people forming in Washington (D.C.) for Stop the Steal. Didn’t know about this, but I’ll be seeing them! #MAGA.”


12/19: Trump announces the Jan. 6th event by tweeting, “Big protest in D.C. on January 6th. Be there, will be wild!” Immediately, insurrectionists begin to discuss the “Wild Protest.” Just 2 days later, this UK political analyst predicts the violence


12/26-27: Trump announces his participation on Twitter. On Dec. 29, the FBI sends out a nationwide bulletin warning legislatures about attacks https://t.co/Lgl4yk5aO1


1/1: Trump tweets the time of his protest. Then he retweets “The calvary is coming” on Jan. 6!” Sounds like a war? About this time, the FBI begins visiting right wing extremists to tell them not to go--does the FBI tell the president? https://t.co/3OxnB2AHdr

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A THREAD ON @SarangSood

Decoded his way of analysis/logics for everyone to easily understand.

Have covered:
1. Analysis of volatility, how to foresee/signs.
2. Workbook
3. When to sell options
4. Diff category of days
5. How movement of option prices tell us what will happen

1. Keeps following volatility super closely.

Makes 7-8 different strategies to give him a sense of what's going on.

Whichever gives highest profit he trades in.


2. Theta falls when market moves.
Falls where market is headed towards not on our original position.


3. If you're an options seller then sell only when volatility is dropping, there is a high probability of you making the right trade and getting profit as a result

He believes in a market operator, if market mover sells volatility Sarang Sir joins him.


4. Theta decay vs Fall in vega

Sell when Vega is falling rather than for theta decay. You won't be trapped and higher probability of making profit.