Thanks to their own set of underhanded and treasonous politicians, this did not go well for Greece. Looking at the Greek result, and understanding divisive UK Conservative Party control that exists in the hearts of PMs on both sides of the House of Commons, this new parliamentary vote is not looking good for Britain.
Brexit: Theresa May Goes Greek! Ironically, like a cluster bomb of white phosphorous over a Syrian village, Cameron's Brexit vote blew up spectacularly in his face. Two decades of ongoing political submission to the EU by the Cons and "new" labour had them arrogantly misreading the minds of the UK voter.
So on that incredible night, it happened. Brexit had passed by popular vote! This belief had failed to read Article 50 - the provisos for leaving the EU- since, as much as it was mentioned, it was very rarely linked or referenced by a quotation in any of the media punditry. However, an article published four days after the night Brexit passed, " A Brexit Lesson In Greek: Hopes and Votes Dashed on Parliamentary Floors," provided anyone thus reading Article 50, which is only eight pages long and double-spaced, the info to see clearly that this never before used EU by-law would be the only route to a UK exit.
Further, Article 50 showed that Brussels would control the outcome of exit negotiations along with the other twenty-seven member nations and that effectively Ms May and her Tories would be playing this game using the EU's ball and rules, while going one-on-twenty-seven during the negotiations. Forgotten are the hypocritical defections of political expediency that saw Boris Johnson and then Home Secretary Theresa May who were, until that very moment, both vociferously and very publicly against the intent of Brexit.
Suddenly they claimed to be pro- Brexit in their quest to sleep in Cameron's now vacant bed at No. Boris strategically dropped out to hopefully see, Ms May, fall on her sword- a bit sooner. Too few, however, examined this reality once these political Chameleons changed their colours just as soon as the very first results shockingly came in from Manchester in the wee hours of the morning on that seemingly hopeful night so long ago: June 23, For thus would begin a quiet, years-long defection of many more MPs than merely these two opportunists.
What the British people also failed to realize was that they and their Brexit victory would also be faced with additional adversaries beyond the EU members: those from within their own government. As the House of Lords picked up their phones, too, for very quiet private chats within House of Commons, their minions in the British press began their work as well.
But Redmayne is likely very mistaken in the adulation of Jeremy Corbyn as the 'genuine real deal' for British people. Ample evidence points to Corbyn as Trojan horse sell-out, as covered by UK researcher Aangirfan on her blogs, the most recent of which was just vapourised by Google in their censorship insanity. And of course Corbyn significantly cucked to the Israel lobby in their demands for purge of the Labour party alleged 'anti-semites'. The Trojan Horse 'fake opposition', or fake 'advocate for the people', is a very classic game of the Powers That Be, and sadly Corbyn is likely yet one more fake 'hero'.
You can guess what country inspired this "theory" of mine. The second on the list is actually the U. If a real socialist becomes the prime minister of the U. I will be very surprised. But Brexit is a black swan like they say in the financial sector, and they tend to disrupt even the best of theories. Perhaps Corbin is genuine and will become prime minister! I am not holding my breath. However, if he is a real socialist like the article claims.
And he becomes prime minister of the U. K the situation will get really interesting. Not only from the EU side but more importantly from U. Uncle Sam will not be happy about this development and doesn't hesitate to crush "bad ideas" he doesn't like. After massive expansion and spectacular housing bubble the Irish banks were in deep trouble early into the crisis. From memory — the question was how to save the Irish banks?
They were close to agreement that bondholders and even lenders to the Irish banks should take a "haircut" and the debt load should be cut down to manageable levels so the banks could survive perhaps Michael Hudson style if you will. One short phone call from the U. S Secretary of the treasury then — Timothy Geithner — to the troika-Irish meeting ended these plans. He said: there will be no haircut! That was the end of it.
Ireland survived but it's reasonable to assume this "guideline" paved the road for the Greece debacle. I believe Mr. Geithner spoke on behalf of the financial power controlling — more or less-our hemisphere. So if the good old socialist Corbin comes to power in the U. I think in case of "no deal" the U. With socialist in power there will be no meaningful support from the U. There is absolutely no way to get it through my right wing friends thick skull that off-shore accounts are tax frauds.
Resulting in they paying higher taxes off their wages because the big corporations and the rich don't pay anything. They simply hate taxes even if they get plenty back in services and therefore all taxes are bad. Come to think of it — few of them would survive the "law of the jungle" they so much desire. And none of them would survive the "law of the jungle" if the rules are stacked against them. Still, all their political energy is aimed against the ideas and people that struggle against such reality.
I give up — I will never understand the right. No more than the pure bread communist. Hopeless ideas! This free movement of course was meant to destroy the nation states. What Boris Johnson said, many things he said were true, stupid EU interference for example with products made in Britain, for the home market, he mentioned forty labels in one piece of clothing , no opportunity to seek trade without EU interference.
There was irritation about EU interference 'they even make rules about vacuum cleaners', and, already long ago, closure, EU rules, of village petrol pumps that had been there since the first cars appeared in Britain, too dangerous. In France nonsensical EU rules are simply ignored, such as countryside private sewer installations. But the idea that GB could leave, even without Brussels obstruction, the customs union, just politicians, and other nitwits in economy, could have such ideas.
Figures are just in my head, too lazy to check. Did anyone imagine that Merkel could afford closing down a not negligible part of Bayern car industry, at he same time Bayern being the Land most opposed to Merkel, immigration? This Brexit in my view is just the beginning of the end of the illusion EU falling apart.
In politics anything is connected with anything. Britons, again in my opinion, voted to leave because of immigration, inside EU immigration. What GB will do with Marrakech, I do not know. Marrakech reminds me of many measures that were ready to be implemented when the reason to make these measures no longer existed.
Such as Dutch job guarantees when enterprises merged, these became law when when the merger idiocy was over. The negative aspects of immigration now are clear to many in the countries with the imagined flesh pots, one way or another authorities will be obliged to stop immigration, but at that very moment migration rules, not legally binding, are presented. As a Belgian political commentator said on Belgian tv 'no communication is possible between French politicians and French yellow coat demonstrators, they live in completely different worlds'.
These different worlds began, to pinpoint a year, in , when the negative referenda about the EU were ignored. As Farrage reminded after the Brexit referendum, in EP, you said 'they do not know what they're doing' But now Macron and his cronies do not know what to do, now that police sympathises with yellow coat demonstrators. For me THE interesting question remains 'how was it possible that the Renaissance cultures manoevred themselves into the present mess? Over what period this evasion had taken place, do not remember this economist had reached a conclusion, but anyone understands that ending tax evasion will not make all poor rich.
There is quite another aspect of class war, evading taxes, wealth inequality, that is quite worrying: the political power money can yield. Soros is at war with Hungary, his Open University must leave Hungary. Soros advertises himself as a philantropist, the Hungarian majority sees him as some kind of imperialist, I suppose.
I used to think than the rot started with protestantism , but Hoffman says it started with catholic Renaissance in Rome itself in the XV century , the Medici , the Popes , usury. With modern means of communication, direct democracy would be technically feasible even in large countries. Nevertheless, practically all "democratic" countries continue to delegate all legislative powers to elected "representatives.
Once Article 50 was invoked the game was over. All the trump cards were on the EU side. Now we know that, even assuming Britain could muster a competent team to plan and negotiate for Brexit that all the work of proving up the case and negotiating or preparing the ground has to be done over years leading up to the triggering of Article And that's assuming that recent events leave you believing that the once great Britain is fit to be a sovereign nation without adult supervision.
As it is one has to hope that Britain will not be constrained by the total humbug which says that a 51 per cent vote of those choosing to vote in that very un British thing, a referendum, is some sort of reason for not giving effect to a more up to date and better informed view. Why would a member of the British masses allow [the Oligarch elite and the[ir] powerful business and foreign political interests restrain democracy and waste the victims of privately owned automation revolution?
The privateers made wealthy by their monopolies, are using their resources to maintain rule making and enforcement control via the government over the masses; such privateers have looted the government, and taken by privatization a vast array of economic monopolies that once belonged to the government. If the British government survives, the Privateers monopoly thieves will continue to use the government to replace humanity, in favor of corporate owned Robots and super capable algorithms.
Corbyn's threat to use government to represent the masses and to suppress or reduce asymmetric power and wealth, and to provide sufficient for everyone extends to, and alerts the masses in every capitalist dominated place in the world. He Corbyn is a very dangerous man, so too was Jesus Christ. It's sad to see the British government doesn't see the disaster ahead, any price would be cheaper then future forced EU integration.
And especially at this point, the EU is so unstable, that they can't go to war on the UK without also committing A kamikaze attack. Read enough to see that the article has many errors of fact and perception. An important point that you hint at is that the Brits were violently and manipulatively forced to accept mass immigration for many years. Yet strangely, to say anything about it only became acceptable when some numbers of the immigrants were fellow Europeans from within the EU, and most having some compatibility with existing ethnicity and previous culture.
As for Corbyn, he is nothing like the old left of old Labour. He tries to convey that image, it is a lie. He may not be Blairite-Zio New Labour, and received some influence from the more heavily Marxist old Labour figures, but he is very much a creature of the post-worst-of and dirty hippy new left, Frankfurt School and all that crap, doubt that he has actually read much of it, but he has internalised it through his formal and political education. By the way, the best translation of the name of North Korea's ruling party is 'Labour Party'.
While it is a true fact, I intend nothing from it but a small laugh. My comment at the bottom, after the article. The Psychological Origins of American Russophobia. The main reason so many Americans buy into the anti-Russian craze is not only due to what people are told by the government and media, but by how they think and process information. For if Americans were taught how to analyze and think properly they would not fall for the blatant propaganda. For example, we are told that the Nazis discovered the secret of repetition as a means of programming people into believing something to be true, but we are not taught why this practice is so effective.
The psychological reason behind this trick has to do with "pattern recognition". Human beings — through evolution — have learned to identify a phenomenon as real and true because it repeats again and again and again. After a while, the mind interprets this consistent pattern as proof of truth value.
In psychological terms, "schemata" are created by a layering of memories similar in nature over time so that all events associated with the phenomenon are perceived through a prism of previous repetitions. In other words, even if a certain type of behavior is different from the norm it will still be identified as belonging to the typical pattern regardless.
It is literally a trick of the mind. The American knee-jerk reaction to the recent Kerch bridge incident is a case in point. Ignoring facts, people automatically placed Russian behavior in the "aggressive" category because they have been programed by constant repetition for many years to think this way. Not having been taught this trick of the mind even educated people buy into the narrative unaware that their schemata dictate that the belief must be reinforced.
All experiences regarding Russia are simply put into one box labeled "aggressive behavior". Another psychological cause of why Americans buy into the "Russia is aggressive" narrative is due to "confirmation bias". For a variety of reasons many Americans demonize Russians. Part of this is due to the fact that people actually enjoy having a "bad guy" to hate.
This is why outlaw cowboys and mafia gangsters are so popular in American culture. We love our "anti-heroes" as much if not more than our heroes. Putin, of course, is the prototypical "baddie". He's a real-life Boris from the Bullwinkle cartoon who satisfies our need to boo and hiss the proverbial bad guy.
To a certain extent, pattern recognition comes into play as well because in America TV shows and films over the past two decades evil Russian spies and mafia types have figured prominently. The repeating portrayals create schemata which then create stereotypes that frame how we think. Russophobia, however, will not last forever because it is essentially based upon lies. Truth always wins out over time and fantasy gives way to reality. Despite the censorship on social media and the attempts to silence RT America the truth will eventually triumph.
For gagging the tongue of truth is always followed by a long-suppressed shout that echoes ever louder throughout the ages. The most basic form of mind control is repetition. On a serious note, repetition works perhaps shockingly well. I was taught in my childhood that Germans are bad because Hitler and Russia was good because twice saviors. Simple and effective. However, with no social media at the time, critical thinking was also available so I could outgrow the propaganda.
Are you on a salary in "Russia Today" or a volunteer? I try to gently and if possible, humorously nudge people to question the "official narrative". RT is clearly biased, but they are open about their pro-Russia bias. CNN pretends to be objective "journalism". And sometimes I feel like commenting in the same vein of this little guy, bouncing all over excitedly:. It actually has a few nominations.
Shocking, right? I have. I don't know what to think about that, it's so confusing. When I read their articles I am mindful that they are Russian. Having said that, they seem to publish a lot of good content, and much of it is from Reuters and other mostly reputable sources. Editorials are free for anyone to research for themselves.
Pretty much the same as other pubs. Rodent Laying conspiracy theories aside for one moment and I do so love a good conspiracy theory , let's chat about this Russia panic. I am not one to panic in general. Sure, I have a food, guns, and water stash in my basement.
I'm generally well prepared. There are Russia-is-the-boogeyman theories, and then there are Russia-boogey-man-theories-are-silly theories. Of course they both can't be right. I am sure I'm not going to do a very good job explaining my self in the rant that follows. But I'm going to give it a good college try. I want to talk about the Russia Boogeyman theory. First, there's no way to explain this other than to divulge my age. So I'm just going to spit it out right here and get that out of the way.
I'm I've been 40 for approximately 5 years, stubbornly refusing to go further than that. I said it. Now that that's out of the way, it's important to note that children are sponges. As such, they are impressionable and in young childhood, traumatic events can have a profound and lasting effect, and even change how someone thinks. When I was about 10ish, in about , a movie came out.
If you lived in America, and likely even if you didn't, and you're over the age of 40 or if you've been 40 for a while , you've seen it. It's a movie called "The Day After". It was a huge production and it aired on television. The most watched TV movie ever. And ranked as one of the top 10 movies ever by several sources. You millennial whippersnappers will have no clue what I'm talking about. Read on anyway, if you'd like. I'm all inclusive. The movie was about nuclear warfare, and most importantly, the aftermath.
The setting was a small town in Kansas, I think. A small town that very closely resembled my home town, making it particularly impactful I know that's not a word. Sue me. In the movie, which although was a complete work of fiction was very realistic, Russia unleashed nuclear weapons. It was freaky. So eerily unsettling was it that I obsessed about it after I saw it.
I thought about it every night. I remember being so afraid that in the event of a nuclear blast, I might be separated from my family. I remember pondering if I would rather be obliterated in the blast immediately, or whether I would prefer to be spared instant death only to survive without my family under horrid conditions.
I also remember drills at school around that same time that were designed to get people prepared in the event of such a disaster. While it may have done so, it also solidified in my mind that there was a real possibility these events would unfold. Nearly two years post-freaky-movie, Sting released it's "Russia" song, about Russians loving their children too. Although it was not talked about much at the time, since life proceeded as normal, in my mind I remember thinking that I didn't much care if the Russians loved their children, because they were looking to wipe us off the map.
And I lived near the Soo Locks, and I distinctly remember knowing but I don't have any idea where I came by this information that the Locks would be a nuclear target in the event of a strike, since it is a main thoroughfare for ships. You can't undo that kind of fear, no more than you can undo my fear of spiders. I know in my head that spiders, at least where I live, are not poisonous and they cannot harm me.
I know it. But my head cannot eradicate the intense creepiness that even thinking about spiders conjures up. Likewise, no rational thought about Russia can completely undo a fear that was borne as a child. There you have it. My Russia hysteria may be founded or unfounded--I know not. But I do not have the power within me to change this mindset. Not those of us born in the 60's, er, I mean the 70's, er, the 80's. Yeah, that's it, the 80's! Marina Schwarz We had attack training at school in the 80s -- complete with gas masks and stuff -- on the other side of the Iron Curtain for when the imperialists invaded, what can I say.
I was too distracted by everything to pay attention, though. Rodent , your story tells me your propaganda was better than our propaganda, perish the thought. The Cold War was a blast, right? Stephen King has done a really good overview of this stage in the U. The stages of horror in movies. I shall now hypothesize that the Soviet bloc lost the Cold War because its entertainment industry was absent. End of hypothesizing. Thank you for your attention. Rodent 8 hours ago, Marina Schwarz said: We had attack training at school in the 80s -- complete with gas masks and stuff -- on the other side of the Iron Curtain for when the imperialists invaded, what can I say.
Makes sense. Not surprisingly the movie makers supposedly did not want to have Russia be the first striker in the movie, but they needed to borrow some footage from the DoD, and the govt. The guy who made the movie, while he was making it, reportedly would go home at night literally sick to his stomach at the horrific nature of the movie.
It went rounds and rounds with the censors who thought it might not be suitable for families. Also interesting, speaking of Russia-led propaganda, and coming from someone who has dabbled a tiny bit in white-hatishness, if you google "The Day After Russia" as I did to inquire about the movie, there is actually a Russian movie titled "the day after" about zombies.
Yup, let's just bury those search results! It's a conspiracy!!! There is another interesting thread here about the different search results showing up for different people. Rodent You know, speaking of conspiracies, there is a fairly logical opinion that that movie was designed to scare the bajeezus out of people so they wouldn't vote for Reagan a second term. And there are other friends in unlikely places. Beleaguered British Prime Minister Theresa May is wailing loudly against a Trump threat to reveal classified documents relating to Russiagate.
The real problem is that the documents apparently don't expose anything done by the Russians. Rather, they seem to appear to reveal a plot by the British intelligence and security services working in collusion with then CIA Director John Brennan to subvert the course of the election in favor of the Deep State and Establishment favorite Hillary Clinton. How did that one work out? So how about it? Teenagers who get in trouble often have to ditch their bad friends to turn their lives around.
There is still a chance for the United States if we keep our distance from the bad friends we have been nurturing all around the world, friends who have been convincing us to make poor choices. Deal fairly with all nations and treat everyone the same, but bear in mind that there are only two relationships that really matter — Russia and China.
Make a serious effort to avoid a war by learning how to get along with those two nations and America might actually survive to celebrate a tricentennial in Representatives of John Brennan met in London to discus before the go ahead was given. They later put Michael Steele onto the project; he was a guy with credible Russian contacts.
Basically, the scam worked like this:. They funneled an MI6 intelligence file to Michael Steele governments routinely keep such files on influential foreigners and what they are up to so he could use his contacts to launder the information and make it appear that it came from sources within Russia; they then funneled the report back to elements of the FBI so they could use it to justify to the FISA court a spying campaign on Trump the FBI illegally withheld the source of the document ; they found nothing proving any Russian connection but they kept the spy program going; they tried justifying the spy program with a fake story involving a reliable asset that once passed information from Jimmy Carter's campaign to George H.
Bush in an effort to help Reagan win the election; they later paid the asset nearly a quarter million dollars for his efforts using a fake "India-China" grant despite the grant running to , the asset attempted to get a job in the Trump administration so he could act as a mole ; the Obama regime purposely mishandled information in regards to the spying program ex: Michael Steele leaked his document to various news sources before the election and later lied to congress about it , ensuring it would leak to the press; the Obama regime illegally unmasked elements of Trump's personal contacts so they could clandestinely leak suggested targets off the record to the right people.
They lost the election anyway, so they then planted dirt and negative press to make the document look legit — lies about Manafort meeting Assange Guardian is funded by the British government to police the left , WaPo lies claiming a vast Russian conspiracy just as Trump came into office it was an effort to delegitimize him and create calls for Hillary to take his place , leaking bank records, the special counsel.
They also ran interference through CIA guys like Mark Warner in an effort to cover up the mole they planted; they falsely asserted this was a national security issue when the man's identity was well-known to the press and he was never an undercover spy like Jarret was, at least not in recent history. The government takes cctv footage of you at a grocery store; in the background there is an attractive woman. The woman then goes missing. The government illegally reads your emails and finds that you like sexual jokes.
The government then interviews a friend of yours who claims that you once made a risque rape joke back in college. They also plant a mole in your workplace who befriends you and reports back all of your politically incorrect humor. Then the cops find the woman's body and the government claims that you killed her because you were in the area at the time and you make bad jokes, which has been confirmed by multiple credible people. You look guilty, don't you? The government 1 took information out of context 2 laundered circumstantial evidence through a credible witness when they originally obtained it elsewhere using nefarious sources.
That's what they did to Trump, but much much much worse. First, let's look at a concrete example of our system manufacturing official narrative aka "official truth" or "truth" -- note quotes. I'm going to use The Guardian 's most recent blatantly fabricated article " Manafort held secret talks with Assange in Ecuadorian embassy " as an example, but I could just as well have chosen any of a host of other fabricated stories disseminated by "respectable" outlets over the course of the last two years.
The " Russian Propaganda Peddlers " story. The " Novichok Assassins " story. The " Bana Alabed Speaks Out " story. The " Trump's Secret Russian Server " story. The " Labour Anti-Semitism Crisis " story. The " Russians Orchestrated Brexit " story. The " Russia is Going to Hack the Midterms " story. The " Twitter Bots " story. And the list goes on. I'm not going to debunk the Guardian article here. It has been debunked by better debunkers than I e. The short version is, The Guardian 's Luke Harding, a shameless hack who will affix his name to any propaganda an intelligence agency feeds him, alleged that Paul Manafort, Trump's former campaign manager, secretly met with Julian Assange and unnamed "Russians" on numerous occasions from to , presumably to conspire to collude to brainwash Americans into not voting for Clinton.
Harding's earth-shaking allegations, which The Guardian prominently featured and flogged, were based on well, absolutely nothing, except the usual anonymous "intelligence sources. By that time, of course, its purpose had been served. The story had been picked up and disseminated by other "respectable," "authoritative" outlets, and it was making the rounds on social media.
Nonetheless, out of an abundance of caution, in an attempt to counter the above-mentioned debunkers and dispel the doubts of anyone else still capable of any kind of critical thinking , Politico posted this ass-covering piece speculating that, if it somehow turned out The Guardian 's story was just propaganda designed to tarnish Assange and Trump well, probably, it had been planted by the Russians to make Luke Harding look like a moron.
This ass-covering piece of speculative fiction, which was written by a former CIA agent, was immediately disseminated by liberals and "leftists" who are eagerly looking forward to the arrest, rendition, and public crucifixion of Assange. At this point, I imagine you're probably wondering what this has to do with manufacturing "truth. I wish the "truth" thing was as simple as that i. Unfortunately, it isn't.
Here is why. Much as most people would like there to be one and behave and speak as if there were one , there is no Transcendental Arbiter of Truth. The truth is what whoever has the power to say it is says it is. If we do not agree that that "truth" is the truth, there is no higher court to appeal to.
We can argue until we are blue in the face. It will not make the slightest difference. No evidence we produce will make the slightest difference. The truth will remain whatever those with the power to say it is say it is.
Nor are there many "truths" i. There is only one "truth" the "official truth". The "truth" according to those in power. This is the whole purpose of the concept of truth. It is the reason the concept of "truth" was invented i. It is how those in power control reality and impose their ideology on the masses or their employees, or their students, or their children.
Yes, I know, we very badly want there to be some "objective truth" i. There isn't. The truth is just a story a story that is never our story. The "truth" is a story that power gets to tell, and that the powerless do not get to tell, unless they tell the story of those in power, which is always someone else's story. The powerless are either servants of power or they are heretics. There is no third alternative. They either parrot the "truth" of the ruling classes or they utter heresies of one type or another.
Naturally, the powerless do not regard themselves as heretics. They do not regard their "truth" as heresy. They regard their "truth" as the truth, which is heresy. The truth of the powerless is always heresy. For example, while it may be personally comforting for some of us to tell ourselves that we know the truth about certain subjects e. Or all right, they give a bit of a shit, enough to try to cover their asses when a journalist of the stature of Glenn Greenwald who won a Pulitzer and is frequently on television very carefully and very respectfully almost directly accuses them of lying.
But they give enough of a shit to do this because Greenwald has the power to hurt them, not because of any regard for the truth. This is also why Greenwald has to be so careful and respectful when directly confronting The Guardian , or any other corporate media outlet, and state that their blatantly fabricated stories could, theoretically, turn out to be true. Look, I'm not trying to argue that it isn't important to expose the fabrications of the corporate media and the ruling classes.
It is terribly important. It is mostly what I do albeit usually in a more satirical fashion. At the same time, it is important to realize that "the truth" is not going to "rouse the masses from their slumber" and inspire them to throw off their chains. People are not going to suddenly "wake up," "see the truth" and start "the revolution. Those who are conforming to it are doing so, not because they are deceived, but because it is safer and more rewarding to do so. And this is why The Guardian will not be punished for publishing a blatantly fabricated story.
Nor will Luke Harding be penalized for writing it. Luke Harding will be rewarded for writing it, as he has been handsomely rewarded throughout his career for loyally serving the ruling classes. Greenwald, on the other hand, is on thin ice. It will be instructive to see how far he pushes his confrontation with The Guardian regarding this story. As for Julian Assange, I'm afraid he is done for. The ruling classes really have no choice but to go ahead and do him at this point.
He hasn't left them any other option. Much as they are loathe to create another martyr, they can't have heretics of Assange's notoriety running around punching holes in their "truth" and brazenly defying their authority.
That kind of stuff unsettles the normals, and it sets a bad example for the rest of us heretics. Hopkins is an award-winning American playwright, novelist and political satirist based in Berlin. He can be reached at cjhopkins. The truth or falsehood of individual facts about the physical world can often be determined with near-certainty. Too many individual facts to be comprehensible, let alone useful. We must pick, choose, emphasize, or ignore particular elements, and arrange them into some kind of structure, in order to form a useful narrative.
Or, in many cases, "choose" between the closely-related variants of that narrative offered by the "liberal" vs. This process of abstraction, simplification, and organization inevitably involves data loss. So no narrative is "true" in the same sense that individual facts about the real world are true. No one engaged in this process is "objective.
It should be self-evident that some narratives are more useful to the perceived interests of owners of major media outlets than others, and that these will assume a much more prominent place in their coverage than ones that are deleterious to those interests. Ideally, most people would take these factors into account when evaluating the "news," and maintain a much more skeptical attitude than they typically do.
But there are several factors that prevent this. These individual narratives, taken together, support -- and are supported by -- our overall worldview. It's simply not practical to to constantly consider potentially "better" narratives, and to reevaluate one's worldview based on these. Mass media pushing a common narrative creates an artificial perception of social consensus.
Creating, or even finding, alternative narratives means fighting the inertia of this perceived consensus, and potentially suffering social costs for believing in the "wrong" one. The social role of narratives is largely independent of their "truth" -- if what you're "supposed" to believe is highly implausible, that actually gives it higher value as a signal of loyalty to the establishment.
It's probably best to maintain a resolutely agnostic attitude toward most "news" items, unless one is particularly interested in that particular event. It's not a new issue -- only exacerbated by the advent of mass visual media: "Propaganda" -- Edward Bernays "The Free Press"— Hilaire Belloc The truth is not ' what most people think '; it's not ' what we are told to believe '; it's not ' the official narrative '. There is a useful cautionary tale embedded in Hopkins' piece, but he doesn't tease it out properly.
With significant caveats, it is a reasonable description of the way the political world works: if the political class decides that its interests are best served by declaring that a specific narrative X is 'true', it will obtain immediate compliance from about half the livestock, and can then rely on force peer pressure; subsidy or taxation; state coercion to get an absolute majority of the herd to declare that they accept the 'truth' of X. Try to run a legal argument based on the objective falsity of a thing that the political class has deemed to be true: you'll be shit outta luck.
This is highly relevant where I am sitting: here are two examples — one really obvious, one a bit less so but far more important because of its radical implications. Note that this is before considering that the dog's handler is often pointing the dog at a target that the handler thinks is likely to be carrying drugs. Although in reality, drug dogs are paraded around at concerts and in public spaces, sniffing every passer-by.
However there is an Act of Parliament capitalise all the magic words that asserts that a signal from a drug sniffing dog is sufficient to qualify as what Americans call "probable cause" — i. Does anyone think that evidence should be admissible if it results from a search conducted based on 'probable cause' derived from a method that produces worse outcomes than tossing a coin? Judges will tie themselves into absolute epistemological knots to get that evidence admitted — and they will refuse to permit defence Counsel from adducing evidence about drug dog inaccuracy because since the defendant actually did have drugs in their possession, the dog didn't signal falsely.
In general, Western governments assert that their legitimacy stems from two primary sources: some founding set of principles usually a constitution — written or otherwise , and 'representativeness' including ratification of the constitution by a representative mechanism, for those places with written foundational documents. The Arrow Impossibility Theorem [1,2] and the Gibbard-Satterthwaite Theorem [3,4], both show that there is no way of accurately determining group preferences using an ordinal voting mechanism.
What this boils down to, is that representativeness is a lie — and it's a lie before any consideration of voting outcomes ; it's a meta -problem the problem that ordinal voting cannot do what it is claimed to do — viz. Beyond the meta-problem, there is also the actual counting problem: no government has ever been elected having obtained the votes of an outright bare majority, i. Which brings us to a key legal aphorism that has a jurisprudential history going back four centuries: Ratio legis est anima legis, et mutata legis ratione, mutatur ex lex — which dates from Milborn's case Coke 7a KB .
The reason for a law is the soul of the law, and if the reason for a law has changed, the law is changed. What this means — explicitly — is that " no law can survive the [extinction of the] reasons on which it is founded ". American courts re-expressed this as " cessante ratione legis, cessat ipsa lex " the reason for a law having ceased, the law itself ceases — e.
This means that no law can survive the reasons on which it is founded. It needs no statute to change it; it abrogates itself. If the reasons on which a law rests are overborne by opposing reasons, which in the progress of society gain a controlling force, the old law, though still good as an abstract principle, and good in its application to some circumstances, must cease to apply as a controlling principle to the new circumstances.
Again: try running this argument in a court: " The asserted basis for all laws promulgated by the government, is provably false. Under a doctrine with a 4-century jurisprudential provenance, the law itself is void. So Hopkins makes a good-but-obvious point — power does not respect either rights or truth; as such it does you no good whatsoever to have the actual truth on your side.
He should have made the point better. Where you stand depends upon where you sit, etc. It is difficult to get a man to understand something, when his salary depends on his not understanding it. Those who are conforming to [official truth] are doing so, not because they are deceived, but because it is safer and more rewarding to do so. Despite selling-out truth to the relativism devil in some passages, Hopkins nevertheless creates some quotable, including the particularly insightful:.
The following notion of Hopkins is seen now and then in the alt-sphere, but always bears repeating. It is important to realize that "the truth" is not going to "rouse the masses from their slumber" and inspire them to throw off their chains. Iron and blood are the tools used to force people to accept what isn't true. Another way to tell: it was uttered by a fucking politician — a cunt who wanted to live in palaces paid for by the sweat of other people's brows.
Truth does not need violence to propagate itself: in a completely-peaceful system of free exchange, bad ideas of which lies are a subset will get driven out of the market place because they will fail to conform to ground truth.
Falsehood requires violence arguably it is a form of violence: fraud is 'violent' because it causes its victims to misallocate their resources or to deform their preferences and expectations. In a very real sense, truth does not need friends: all it requires is an absence of powerful enemies.
This film shows a great example of propaganda in action. Free to watch now and this link also includes a short version and a trailer. But we CAN know the truth about our own situation, our own neighborhood, and our own families. The majority of France is getting poorer and suffering more from migrant crime. Macron insists that starvation is necessary to serve Gaia, and crime is necessary to serve Juncker. The people would prefer to have a leader that serves France.
So, assuming LOL that we are able to eliminate all assumptions and account for all hidden variables, there is a scientific truth. Given all this, still, we can approach an approximation of truth that some can agree on. Here is where the trouble starts. Force only works because there is a real world that transcends philosophical bullshit and marketing.
The subjective piece is will: victory is attained when the enemies will to resist is crushed. Through the repeated use of physical force, eventually any enemy can be worn down and vanquished. The world is finite, desire is infinite, and for every desire and appetite, there is a will.
As multiple wills will that they attain their infinite desires in a finite world, there will always be a conflict of will, which will always ultimately be resolved by force. Which means ultimately, despite the rich imaginations and appetites of humans, and their related striving, physical force will ultimately rule the day, and conquer, condition, and constrain the mental life of mankind. Of course, desire and appetite will not take no for an answer, and in their frustration, they will imagine, fantasize, and conceptualize rationales for why this is not so.
This is the nature of our desires, and in good times of prosperity and peace, they may even bend our reason in the direction of these appetites and fantasies, until the instincts for self preservation and endurance rust, and are even forgotten.
But like the moon revealed by a passing cloud, the perpetual war of human existence will inevitably reassert itself, and those that have prepared for the inevitable will vanquish those who were content to daydream when they should have been preparing. In the same way that the Oxford English Dictionary, for example, does not purport to define a given word, per se , but rather gives a detailed description of how the word has in fact been used over the years and centuries.
Supreme Court with a blast of truth-ray just before they announced their decision in Citizens United, here is what we may have got instead:. We here at the Supreme Court are part of what can be fairly and broadly referred to as an arm of the entrenched-money-power. At certain times and under certain circumstances it is to our enormous advantage over you the masses that corporations be natural-persons-in-law with the rights, powers and privileges of a natural person or living being of conscience.
At other times and other circumstances it is to our enormous advantage over you the masses that corporations be items of property that can be actively bought and sold and traded for profit in the stock and financial markets. Among the foundational purposes of this Court is to actively prevent that question from being answered definitively at all. The instant we give a definitive answer, the game is over. Whatever answer we give you must perpetuate the systematized delusion that the same concept corporate personhood can mean either X a living being of conscience , or minus-X an item of property , depending on the ever-changing needs of the decider.
So our current answer is that a corporation is a natural-person-in-law with the rights, powers and privileges of a natural person, except when it isn't. We'll let you know next time whether that situation has changed in the meantime. So a corporate person has a right of free speech when giving money to influence political parties, but not to object to itself being sold as a piece of property in the stock and financial markets or when it is acquired in a merger or takeover financed by its own assets.
If a corporation has the legal capacity and rights of a natural person, then how can it be owned as the legal property of another? The purpose of the Courts is to ensure that that question is never presented in that way.
After person , the remaining most significant counter-sense or yo-yo -like words are surprise surprise essentially all money-and-finance-based, and the most important among these is the word principal and its role in facilitating illegal front-loading or ex-temporal fraud interest illegally and unlawfully compounded in advance.
Is the amount of principal the actual or net amount advanced by the creditor and received by the debtor for their own use and control? Or is it the amount that the debtor agrees that they owe regardless of the amount received? Is the amount of principal a question of fact?
Or of the agreement of parties? Lender e. In the process example used above, what is the principal amount of the loan? All debt and therefore money in the world today depends on the answer to that question that theoretically cannot exist. Principal is a special type and most significant form of counter-sense word or oscillating contradiction where dictionaries normally only give one sense, while commercial practice defines the contrary.
It would be very difficult to put the Whatever-the-debtor-agrees-that-they-owe sense into a dictionary, because the fraud against meaning as well as the criminal law is manifest in spelling it out, and ever more so in more specialized financial dictionaries.
Thus principal means the nominal creditor's actual and net investment, unless it doesn't. With this class of counter-sense word where there is a necessary and definitive answer, the real job of the judges of the Courts becomes to make certain that the question is never officially asked, and under no circumstances is it to be definitively answered.
With just one of these words you can theoretically steal the Earth. With a financial system that is relatively saturated with them, such becomes child's play. With these rules a group of competently-trained chimpanzees otherwise pulling levers at random could do as well as the so-called wizards of Wall Street. And significantly, these oscillating contradictions enable the judges to be self-righteous in the extreme on behalf of the entrenched-money-power, while looting the little people of the product of their labour.
It seems impossibly obvious in this simple example, but with several of them orchestrated simultaneously or sequentially, anything can truly be made to mean anything. A partial list of the most critical oscillating-contradicitions includes: loan, credit, discount, interest, rate-of-interest, agreement, contract, security, repay, restitution, etc.
Here are what I believe to be four essential tools needed to triangulate reality via congo-linguistic parallax. The first two are mine, and the last two are from the American and English Courts, respectively. Humans are highly cogno-linguistic. We perceive reality very largely as a function of the language that we use to describe it. Most everyone inherently believes and presumes that you have to be able to think something before you can say it. The greater reality is that, above a certain base level of perception and communication, you have to have the words and language by which to say something before you can think it.
The world is ever-increasingly controlled and administered by people who genuinely believe whatever is necessary for the answer they need. Administrative agents of the entrenched-money-power have solved the criminal-law enigma of mens rea or guilty mind by evolving or devolving take your pick into professional schizophrenics who genuinely believe whatever they need to believe for the answer they need, and who communicate among themselves subconsciously by how they name things.
They suffer a cogno-linguistically-induced diminished capacity that renders them incapable of perceiving reality beyond labels. Their core business model or modus operandi is the systematized delusion :. McClintock, S. West's Judicial Words and Phrases One must not confuse the object of a conspiracy [to defraud] with the means by which it is intended to be carried out. Scott v.
Metropolitan Police Commissioner  60 Cr. I have long since abandoned my search for truth, per se, since I came to realize that the best I can ever do is to constantly strive to move closer to it. Right there is where you lost the plot. That statement is just your opinion and it cannot be proven true. The rest of your argument falls victim to this logical error. Also, just your opinion. After waiting months for the reply, the U. Attorney responded in a letter, noting that they will comply with the law.
Heres a couple more. Occupation of the American Mind is very good. All of John Pilgers films are great. That seems fallacious if, according to your figures, the dogs sniff people and get excited by 10 of them of which 3 are correctly identified and 7 are false positives. The concepts of sensitivity, specificity, positive predictive value, and negative predictive value might be very helpful in assessing this. Caius Keys , 6 hours ago link. There is a particular transparency of motive which becomes clear, and reconciles all inquiry, when an interested observer accepts a particular media framework:.
For all the money they've spent, intelligence has done a terrible job of either anticipating terrorist strikes or defeating them in counterinsurgency warfare". The war on terror is a hoax. The lame exploitation of Arabs and Islam to manufacture consent for war on Iraq, starting with Mossad planting of low yield thermal nuke weapons that brought the Towers down..
Saudis were the patsies. PAX November 30, at am. There's a huge difference between pursuing the public's right to know and and acting as the clandestine agent of an adversarial foreign power. I'm all in for the free and adversarial press but when a reporter is an actual criminal, lock him up.
Right, journalists should always withhold true information about a politician and the political processes they engage in from the public, so that the voters will remain deceived. Well, I guess, the politicians YOU favor. The right wing Ecuadorean government of President Moreno continues to churn out its production line of fake documents regarding Julian Assange, and channel them straight to MI6 mouthpiece Luke Harding of the Guardian.
Amazingly, more Ecuadorean Government documents have just been discovered for the Guardian, this time spy agency reports detailing visits of Paul Manafort and unspecified "Russians" to the Embassy. By a wonderful coincidence of timing, this is the day after Mueller announced that Manafort's plea deal was over. The problem with this latest fabrication is that Moreno had already released the visitor logs to the Mueller inquiry.
Neither Manafort nor these "Russians" are in the visitor logs. This is impossible. The visitor logs were not kept by Wikileaks, but by the very strict Ecuadorean security. Nobody was ever admitted without being entered in the logs. The procedure was very thorough. And, as we've recently seen, there's still plenty of money flowing into startups , even if there are some dips present on a year-over-year basis.
Why are things still pretty good for startups, and pretty good for major tech companies? We have a few ideas, like the acceleration of the digital transformation more here , and here , and software eating the world. The latter concept, of course, is related to the former. It's called the TechCrunch Exchange, and you can snag it for free here. Hello everyone, it's a busy week with TechCrunch Early Stage underway and a slew of tech earnings to parse through.
But that didn't stop the Equity crew from sitting down to chat about the recent wave of SPAC commentary. Danny and I wanted to talk about what a SPAC is -- the acronym stands for special purpose acquisition company -- and why everyone seems to be chatting them up. Enter SPACs, which could offer a way for unicorns and other venture-backed companies to go public through a different pricing mechanism.
If that alternative method of pricing the company would be better is not clear, but we tried to talk it through. Equity is back Friday morning, of course. And please bear in mind that when I referred to "Robinhood dipshits," I was talking about all retail investors as a cohort, not merely the folks at any one particular trading platform. Thanks to the in-market prestige of Robinhood, however, I did use it as short-hand for retail investors more broadly.
Oh, and follow the show on Twitter. And we closed the show with a short thought-bubble on manias. What constitutes a bubble? I don't know precisely, but the electric car EV industry has certainly seen its fair share of ups and downs. China's EV market has see its booms and busts, with the IPO of Nio operating as a good example of enthusiasm its IPO , declining faith its later cratering share price , and the rebirth of optimism its recent return-to-form in its industry.
We'll see. This week was full of news of all sorts, but as we recorded both Danny and Natasha were still locked out of their Twitter accounts after a proletariat revolution on the social platform saw the ruling Blue Checkmark Class forced into silence. That's not really what happened, but it sounds better than actually went down at Big Social. It was a lovely time and there is a bit of show news. Namely that Equity is coming back to YouTube either this week or the next.
So if you want to see us talk, soon you will be able to! If you can, that is. This is Equity Monday, our week-starting primer in which we go over the latest news, dig into the week ahead, talk about some neat funding rounds and dive into the latest big news from the startup world. You can follow the show on Twitter here , and myself here , if you are so inclined! All the cool kids are doing it. Some weekends are slow. This weekend was not.
Here's the round-up of news that we had to talk about:. Up ahead we have a fascinating earnings season, one that the media doesn't expect to go very well. Stocks were up as we wrote the show, so it appears that Wall Street is more bullish than worried. Netflix reports later this week. Wrapping, this earnings season is a big deal. Lots of tech investors are betting that an accelerated digital transformation is going to push most tech shops into a growth curve that makes their equity attractive, even at elevated prices.
Quite a lot of capital has been sunk in this idea. We'll see what happens when the numbers come in. We wound up having more to talk about than we had time for but we packed as much as we could into 34 minutes. So, climb aboard with Danny , Natasha , and myself for another episode of Equity.
Before we get into topics, a reminder that if you are signing up for Extra Crunch and want to save some money, the code "equity" is your friend. Alright, let's get into it:. This is Equity Monday, our week-starting primer in which we go over the latest news, dig into the week ahead, talk about some neat funding rounds, and dive into the latest big news from the startup world.
Don't forget to check out last Friday's episode as well. What a weekend! After some quiet, somewhat dull off-week periods, this weekend brought us twists and turns that were good fun. Most dealt with a possible Uber-Postmates tie up, so we wrote the show to talk about the transaction's unconfirmed nature. Then, it got confirmed. So, here's the second edition of today's Equity Monday, recast due to the deal's official nature:. We wrapped this morning wondering if Postmates can provide a narrative boost to Uber, a company that isn't going to have the best Q2 numbers in its history.
With Postmates tucked under its arm going into the earnings call, Uber can double-down on its Uber Eats narrative, flash Postmates around the room, and promise that Rides data will get better as well. Before we dive in, don't forget that the show is on Twitter now , so follow us there if you want to see discarded headline ideas, outtakes from the that got cut, and more. It's fun! Back to task, listen, we're tired too. But we didn't let that stop us from packing this week's Equity to the very gills with news and notes and jokes and fun.
Hopefully you can chuckle along with myself and Natasha and Danny and Chris on the dials as we riffed through all of this:. Right, that's our ep. Hugs from the team and have a lovely weekend. You are all tremendous and we appreciate you spending part of your day with the four of us. This is Equity Monday, our week-starting primer, in which we go over the latest, look to the week ahead, talk about some neat funding rounds, and dig into the latest on the health of the startup market.
Don't forget that you can follow Equity on Twitter , and, as explained in the show, you can sign up for Alex's new TechCrunch newsletter "The Exchange" here. This week was a bit feisty, but that's only because Danny Crichton and Natasha Mascarenhas and I were all in pretty good spirits.
It would have been hard to not be, given how much good stuff there was to chew over. But we had room for one more story. So, we talked a bit about Robinhood, its business model, and the recent suicide of one of its users. It's an awful moment for the family of the human we lost, but also a good moment for Robinhood to batten the hatches a bit on how its service works. How far the company will go, however, in limiting access to certain financial tooling, will be interesting to see.
The company generates lots of revenue from its order-flow business, and options are a key part of those incomes. Robinhood is therefore balancing the need to protect its users, and make money from their actions. How they thread this needle will be quite interesting. This is Equity Monday, our short-form week-starter in which we go over the weekend, look to the week ahead, talk about some neat funding rounds and dig into what is stuck on our minds.
Your humble Equity team is pretty tired but in good spirits, as there was a lot to talk about this week. But, first, three things to start us off:. This is Equity Monday, our short-form week-starter in which we go over the weekend, look to the week ahead, talk about some neat funding rounds, and dig into what is stuck on our minds.
After a pretty busy week on the show we're here with our regular Friday episode, which means lots of venture rounds and new venture capital funds to dig into. Make sure to check out our IPO-focused Equity Shot from earlier this week if you haven't yet, and let's get into today's topics:. This time around we're recording what we call an Equity Shot, a single-topic show that we pull together whenever there's a news item of sufficient weight that it demands we break our regular cadence and record a little more.
These are topics that TechCrunch has covered quite a lot lately, so here's a chronology to help you keep it all straight:. So you can catch up as you need to. What matters is that public investors have swooned over the Vroom IPO, pushing its pricing and, today, more than doubling its value as a public company. It's a huge debut, and that bodes well for other gross-margin light businesses -- unicorns, even -- that might want to go public.
The IPO window is pretty open, it appears. And best of all, we three disagreed quite a bit this week. It's a fun show,. Ok, that's enough from us We are back on Friday. Take care, and keep up the good fight. Here at Equity Monday we look at what happened over the weekend, what's ahead, and a few recent funding rounds. As you'll hear, we're heading back into our normal cadence and topics, but if you do want to learn a bit more about what you can do to make your voice heard in opposition to racist policing, last week's ep is worth listening to.
And, finally, we're curious about what's driving the bullish sentiment behind Vroom? It just raised its IPO price range, and we have questions. This week, however, the Equity crew Danny , Natasha , Chris , and Alex agreed it felt silly to drum up false enthusiasm for funding rounds and startups.
Instead, we talked about a more critical topic: systemic racism in the United States. Venture firms and tech executives across the country are pledging to be better following the brutal murder of George Floyd and police brutality. What follows are the resources we mentioned -- and a few more -- on the show itself. We'll be back. Now is the time for sustained momentum and change. A big thanks to start to the whole Equity crew for doing a stellar job last week with the show while I was on vacation, especially to Danny for taking on this particular installment of the podcast.
Equity Monday is still pretty new, frankly, so him stepping up and into the role was a huge boon. Thanks, Danny. This week's show took a break from regularly scheduled programming. Our co-host Alex Wilhelm , who usually leads us through the show, was on some deserved vacation, so Danny Crichton and Natasha Mascarenhas took the reigns and invited Floodgate Capital's Iris Choi to join in on the fun.
It's Choi's fourth time being on the podcast, which officially makes her our most tenured guest yet in case the accomplished investor needs another bullet point on her bio page. And that was the show! Thanks to our producer Chris Gates for helping us put to this together, thanks to you all for listening in on this quirky episode, and thanks to Iris Choi for always bringing a fresh, candid perspective. Talk next week. First, a big thanks to everyone who took part in the Equity survey, we really appreciated your notes and thoughts.
The crew is chewing over what you said now, and we'll roll up the best feedback into show tweaks in the future. Today, though, we've gone Danny and Natasha and Chris and Alex back again for our regular news dive. And at the end, we got Danny to explain what the flying frack is going on over at Luckin.
It's somewhere between tragedy and farce, we reckon. That's it for today, more Tuesday after the holiday! A few housekeeping notes. First, the main, long-from Equity episodes still drop every Friday, so if you are behind, check your podcast feed.
Also, we're running a listener survey which you can find here, in the last ep's shownotes. I'll be right back. Are you a regular Equity listener? Take our survey here! From home once again this week, Danny , Natasha , Alex , and Chris got together to pull the show together.
But unlike last week's episode catch up here if you are behind , this week's show features a game that actually worked. It's at the end, as you'll see. But before that piece of the puzzle, there was a bunch of news to go over. We had to leave SaaS valuations , the Liftoff List , Brex , and FalconX on the floor, but there was still so much good stuff to cover:.
Then we played our game. Please hold us to account. And if you have listened to the show for a while, take our survey! It's right after this next sentence. The full interview here. Hunter Walk thinks your TAM slide is stupid. That's one viewpoint that the seed-stage investor shared with TechCrunch that made us laugh during our recent conversation.
Walk joined us for an Extra Crunch Live chat late last week that was a mix of advice and insight about what the seed-stage Homebrew partner looks for in founders and companies to invest in. In the case of founders, "attitude matters as much as aptitude sometimes," Walk said, adding that "grit" and "resilience" are things he favors in entrepreneurs. Why do those qualities matter? Walk cited the Mike Tyson quip about everyone having a plan until they get punched in the face, saying that "building an early-stage startup, you get punched in the face almost daily.
We also dug into fintech, where Walk and his Homebrew partner Satya Patel have made a number of investments that have turned out well, including Plaid, Finix, Chime and so on. According to Walk, his firm has made investments into the startup category across funds because it felt that two things were going to happen.
First, that "a lot of data that had been siloed and unavailable was going to become available," citing Plaid as an example of the trend. Second, that the top-down model of building tooling that made chiefs happier than front-line workers was going to flip in the financial world. New software was going to look quite different and focus on the individuals' needs. Chime, the American neobank, was his example of this trend bearing out in the market. Another weekend at home, another week's starting from the same spot.
How are you holding up? Do you miss your commute yet? Just want to get some breakfast from a kitchen other than your own? I feel you. But it is Monday all the same and that means it's time for Equity, so let's get to it. You can hit play above and following along with notes:. And finally, a call to arms. TechCrunch was once a dude in his backyard writing blogs and generally being mad online.
It was great! Since then, blogs have grown up, sold out, been re-sold, and generally become part of the landscape if you are being generous or part of the furniture if you aren't. Surely there's room for new, kickass media companies. Who is building one? They would be a real contrarian. Every week we write this post with some opening line akin to wow, what a week, huh?
This is yet another one of those weeks. Perhaps this is just life now, and every week will stretch before us, similar to what Gandalf said after killing that Balrog, that "every day was as long as the life age of the Earth. Anyhoo, we recorded Equity to try and make a little sense of the week as there was a lot going on. So, Natasha , Danny , and Alex once again gathered to parse it all. Here's a rough digest of the topics from this episode:.
We didn't get to chat API funding rounds or the unicorn retreat , or even really riff on earnings. There's so much going on! But, we'll be back Monday morning so sit tight. Equity had a busy last few days, so to help you catch up: Friday's episode was a lot of fun Duolingo, Figma, OMERS, and aquafaba , and we also dropped an Equity Shot on Saturday , digging into the first major technology earnings week.
But this morning we were busy digging through what's happened over the last few days, and what's to come. We wrapped asking that's going to come for companies that were still speculative businesses before the slowdown. They're going to vaporize, right? Happy Saturday and welcome back to an Equity Shot, a short-form episode of Equity where we drill into one particular topic.
There was so much news this week in our main areas of focus -- startup funding rounds, new venture funds, that sort of thing -- that we had to exclude earnings from the main show! But really, check it out, as it was a good time.
Sad, I know. Everyone surely noticed the loss, but we gathered once again on Friday afternoon to dig into the results all the same. A big thanks to Danny , Natasha and Chris for gathering 'round one more time to get through:. We avoided Tesla because who can be bothered, and managed the shortest note on Apple ever recorded on a business podcast.
All that and we had some fun. Hugs from Equity; we'll be right back Monday morning! What a week. Are you still standing? Did you make it? If you are upright and typing, congratulations, you're top-decile. If you're reading this from bed, that's fine too. We understand. The week was so busy that we actually ran a bit long this week, with lots left on the cutting room floor.
So, with the full team aboard this week Danny , Natasha , Chris , Alex , we got into the following:. We wrapped with a new Danny segment called "Luckin Watch" and will be back with a special ep on Saturday. Last week, we kicked off our Extra Crunch Live interview series with an interesting chat with Charles Hudson, the general partner of Precursor Ventures.
Charles Hudson founded Precursor Ventures to invest in pre-seed and seed-stage companies. Unlike some weeks when the weekend's crop of news and thought runs fallow, our recent interlude was stuffed with things to talk about:.
It's something that everyone is reading, and thus you must even if you don't want to. We chat about it on the show, but read it yourself anyways. If it's right, we're in for a sea change in the startup world. For good, or at least until there's a new leap forward in tech or technology product distribution. You can read more on the idea of a SaaS slowdown here. This week we had a choice of all sorts of news, but as we cut the show together as a group Danny pushed all the funding rounds up.
So, when Alex and Natasha jumped into the show we had a bunch of good news to cover. We're avoiding COVID news, but the pandemic is just a part of the broader stories we want to tell. For the foreseeable future, coronavirus will be always be part of our interviews. But the conversation can't start and stop there. So what was on the docket? Three things: Accelerator news for the early-stage founders, funding rounds, of course, and some layoff news that was worth mentioning as it might trickle down beyond the unfortunate hosts.
We didn't get to talk through some Silicon Valley or European venture capital data , not to mention what we're seeing in Boston because we ran out of time! More soon. In fact, last week's show with Danny Crichton and Natasha Mascarenhas was a blast, and you should check it out. This morning, however, we had a lot to get through, so let's go over the show's rundown:. And, finally, Marc's latest essay. I should probably write about it more broadly, but as we said this morning: "Aspirational construction of the future is a concept that many people associate with America," and demanding that we harken back to our halcyon days is no sin.
Still, it's good for Marc to get hyped up and mad at our current state, and he has the money to do something about it. So, let's see what he does about it. Alex apologizes for the math error you'll hear, naturally. Turning to the show, as has been the case every single week since we cannot recall when, we had a hell of a packed agenda.
As the unicorn era hands the baton to the COVID downturn, there still more than we can get through each week. And, breathing out, that was the show. Thanks for sticking with us through the pandemic and not having a commute. It's a treat to have you here. We had a blast last week, so make sure to catch up. That said, there was a lot to go over this morning, so let's get into what we had to discuss:.
And that's the show for today. Stay safe, and we'll be back Friday morning to cap off whatever this week winds up becoming. The whole crew was present this week: Natasha , Danny and Alex , along with our intrepid producer Chris. And like the last few episodes it was good to have everyone around as there was so very much to get through. We started with a look at Clearbanc and its runway extension not-a-loan program , which may help startups survive that are running low on cash.
Natasha covered it for TechCrunch. Most of us know about Clearbanc's revenue-based financing model; this is a twist. But it's good to see companies work to adapt their products to help other startups survive. Even better, per Danny, they are both blockchain-using companies. And they are useful! Blockchain, while you were looking elsewhere, has done some cool stuff at last. SoFi is going into the B2B fintech world after first attacking the B2C realm; we reckon that if it can pull the move off, other financial technology companies might follow suit.
Tidying up all the fintech stories is this round up from Natasha and Alex , working to figure out who in fintech is doing poorly, who's hiding for now, and who is crushing it in the new economic reality. Per their plans to not have plans to have layoffs.
You figure that out. And then at the end, we capped with good news from Thrive and Index. We didn't get to Shippo , sadly. Next time! Earlier this week, the Equity crew caught up with Work-Bench investor Jon Lehr to get his take on the current market, and how his firm goes about making investment decisions. The conversation was a treat, so we cut a piece of it off for everyone to listen to.
The full audio and a loose transcript are also available after the jump. What did Danny and Alex learn while talking to Lehr? A few things, including what Seed II-level investments need these days to be attractive Hint: It's not a raw ARR threshold , and what's going on in SaaS today deals slowing, but not for select founders; relationships are key to doing deals today , and why being a VC is actually work.
But what stood out the most was how Lehr thinks about finding investment opportunities. While some VCs like to cultivate images of being gut-investors, cutting checks based on first meetings and the like, Lehr told TechCrunch about how he researches the market to find pain-points, and then the startups that might solve those issues. Extra Crunch subscribers, the rest of the goodies are below.
A big thanks to Danny for cleaning up the written transcript. Before we jump into today's show, don't forget that the long-form Equity that we've done for more than three years still drops on Friday. Last week's was a particular delight , so make sure you're caught up. Let's go. This weekend was busy, with Quibi launching , folks in the UK attacking 5G towers and Skype trying to steal some of Zoom's thunder.
News was dominated, as always, by COVID, this time leading to a stock market bump as some data from the disease appeared to take a short breather with -- depending on which tracker you favor -- fewer folks contracting the infection in the last 24 hours than the day prior; investors are hunting for any positive signal to trade on, and that appears to have been enough. What's coming up this week? Not earnings, or at least not the sort of earnings reports that we care about.
Here in the States Friday is off, remember, so this is a short week. Finally, we close with a question: How many more startups are going to die this year, compared to , and what do their deaths mean for staff and investors alike? Will the end of so-called "tourist" money harm young companies or will it merely cull the silly? Are you keeping up? And most importantly, are you hydrating yourself? There's so much news lately that we're all falling a bit behind, but, hey, that's what Equity is for.
So, Natasha , Danny , and Alex got together to go over a number of the biggest stories in the worlds of private companies. A warning before we get into the list, however. We're going to be covering layoffs for a while. Don't read more into that beyond a note to this unfortunate situation. We try to talk about the most important news, not what brings delight or joy to our hearts because if that was the case, we would be all over mega-rounds.
That in mind, here's this week's rundown:. And that's what we got through. The Equity crew is doing its best to bring you the news, but make sure to let us know what you think. We're at equitypod techcrunch. And we're thankful for it. Take care of yourselves. If you missed Friday's main episode , it was a fun one so take the time if you have the minutes; we're settling into a new hosting lineup that is shaping up to be our best ever, so we're having a blast even if we have to record remotely instead of in the same room.
This morning was a bit of a mixed bag. The world is still in pretty bad shape as societies and governments work to combat COVID and the private and public markets convulse. But there was still news to be found, so we hit on a few key news items, including: The return of HQ Trivia at a perfect time , Microsoft's booming cloud services demand and the return of tech layoffs.
Not all news was bad, however, as we looked at three early-stage funding events and three seed rounds from Indo , Kaizo , and Lanistar. Looking ahead left us little joy other than to note that it is very nearly earnings season; Q1 business results should prove to be the most interesting in memory given how much the world changed during the three-month period.
Regardless of whether or not you care about the financial side of business or not, it's going to be a wild ride. Wrapping today, unicorn layoffs are back in a big way. Bird, TripActions, ZipRecruiter, and others are cutting staff in big chunks. A lot of folks hired to help companies scale look pretty expensive when growth turns negative; layoffs suck and a struggling economy is crap for everyone, but the business cycle is real, so it's not a huge shock to find ourselves here today.
We're going to cover the cuts, but only with a grimace and good thoughts for the laid off. And that's it for this week. Other than that the new Trivium single is epic , we're out of here. The three of us were back today -- Natasha , Danny and Alex -- to dig our way through a host of startup-focused topics. Sure, the world is stuffed full of COVID news -- and, to be clear, the topic did come up some -- but Equity decided to circle back to its roots and talks startups and accelerators and how many pieces of luggage does an urban-living person really need?
The answer, as far as we can work it out, is either one piece or seven. Regardless, here's what we got through this week:. After that we had two quick hits, namely Natasha's look at how tech internships cancellations are impacting our future workforce, and the latest from Slack. And that wraps up what felt like a refreshing show. We hope you think so too, and thank you for listening.
Stay healthy, all. Get the full interview here. As efforts to flatten the spread of COVID pushes employees from their offices, remote work is undergoing a surge in popularity. Well-known remote-work friendly companies like Zoom have seen a rise in usage , while Slack has already reported that it is successfully converting new users into paying customers, which is pushing up its growth rate.
But even before the outbreak of the novel coronavirus, execs from a standout project management company swung by TechCrunch HQ to chat with the Equity crew about their business and growth: Monday. What does an interview with Monday.
Well, if remote-productivity-friendly services Slack and Zoom are seeing usage spikes amidst the changes , Monday. Previously, Monday. Revenue expansion was not our only topic. We also chatted with the pair of execs about customer acquisition costs and how to a run a SaaS business without terrifying burn.
The Monday. Equity was busy last week, so catch up if you missed anything. It's been busy. This morning, however, was very nearly a repeat. The things that were bad last week are still bad this week. Still, there were a few things to go over:. In fact, that round was such an oddity that we ran a search of big rounds this morning on the show instead of looking at some Seed financings.
We'll get back to Seed next week. Looking ahead, there isn't much to celebrate. We are stuck between earnings cycles and every conference has been cancelled or moved online. Oh, and SaaS valuations are falling. That said, we still expect to be exhausted by the evening every day of the week. So, let's stick together and do our best to help one another. I look forward to starting the week with a different topic for once; Equity Monday was effectively born on the doorstep of the COVID world.
But we won't get there without collective action. We can all help. This week's episode was a testament to making do, as we've had to cancel some trips, juggle a few guests, and get up and running as a podcast that have guests dial in without losing our stride. And it went pretty ok, aside from a hiccup or two, expect Equity to still feature guests as often as it makes sense, even if we're currently locked out of our own studio.
Anyhoo, a combo of local recording, remote video setups, and Chris handling the dials meant that we were able to talk over all the good stuff:. It was good fun to have the crew on for a classic Equity episode, and a big thanks to Manan for coming aboard under less-than-optimal circumstances. Equity Monday is a day late this week as I was off yesterday, but it's here today and what a mess the world is at the moment.
That was a key theme of the show, but not the only thing that we mentioned. Here are some other bits of news that caught our eye:. Looking ahead there's little to anticipate aside from Tencent earnings. Hourly provides a software solution for labor tracking and payroll processing, noting industries like construction, service, and light industry on its website. If a company has a workforce that gets paid by the hour the company's name is a tip-off , Hourly wants to help them keep tabs on the labor, and help them pay for it.
The startup charges for its tooling on a recurring basis, a regular setup for a modern software product delivered as a service. Hourly also drives top line through its workers compensation insurance product, which it refers to as "powered by" itself and "backed by A rated carriers. That means that Hourly has a two-part SaaS business and a technology-powered insurance business.
Sagi detailed to TechCrunch the ins and outs of worker comp payments, employee classification and more; it's reasonably complex, perhaps providing the startup with a moat of sorts. How did Hourly get so far with so little money? The firm bootstrapped, hiring engineers in Colombia -- the firm now has 10 staffers in that country, but is headquartered out of Palo Alto -- to reduce costs.
Keeping its costs low let Hourly avoid outside capital—aside from things like family funding and credit cards—before today. And that means that for its external capital base, the company feels somewhat product mature. That maturity is letting it bring on larger clients. According to Sagi, Hourly has been increasingly "appealing to larger companies," which he clarified to mean firms with 20 people or more.
Larger customers means larger contract values, which can mean faster growth. Oh just the closing of the unicorn exit window for some time. Aside from distressed sales, what sort of company would want to exit in a time like this? More from the Equity crew soon, hang tight. Think two minute pitches, a big audience, and tons of networking opportunities after.
This year, citing COVID concerns , the accelerator canceled its in-person Demo Day and moved it to online-only, and a week earlier than expected. Other topics we got into include his advice for what companies are thinking about applying, and what in the world a YC post-mortem is.
Seibel, recalling his early days in startupland in , also hinted at a sector he thinks might be making a comeback soon: software. Today was something a bit special. We'd originally hoped to have this episode in person, as a group, but the world isn't flying as much right now so we had to make do. Regardless, please say hello and welcome Natasha Mascarenhas to the Equity crew. TechCrunch is lucky to have her, and the Equity team is stoked that she's coming aboard our hosting team.
When she's not podcasting, she will be reporting on early stage startups and venture capital trends for TechCrunch and ExtraCrunch. Don't worry, Danny and Alex aren't going anywhere. Equity is now, happily, back to its original three-part hosting crew. This means we can do a better job week in, and week out. Equity has been busy lately. We put together a huge interview with Jason Lemkin, and held a live chat this week.
We're tinkering with new things as we try to do more, and better for you all. Chat you all Monday morning! He was, after all, our first guest, and a repeat for Episode And, perhaps more importantly, incumbents SaaS firms are so large now that they can afford to let smaller companies get pretty damn big before they pay attention.
The Zendesks, the Shopifys, the Hubspots. As you can see, I initially missed his point about market size, and what the growing cloud pie means for startups. This morning was more of the same. But this weekend saw other, new issues, like a collapse in oil prices and record low yields in Treasuries. What happens when all U. We're about to find out. For us this morning what matters is that COVID is still spreading, the global stock markets are still falling, and domestic equities are about to get hit hard, if pre-market trading is any indication.
Finally on the show, we did get to mention Seed rounds for Airmeet , Sama , and Vivoo. Those, at least, brought a little bit of optimism to the day. This week was packed with news, most of it pretty bad. But Zoom did well, so there's that. A reminder that Equity now hits your podcast app twice a week now, so peep us Monday mornings! We closed on a pair of posts from Danny based on AngelList and DocSend data that shows how signaling risk for startups has changed over the years , and how many pre-seed investors the average founder talks to during their first fundraise.
After a long Shot hiatus, things keep happening that demand our attention. Alex and Danny had a few goals in this short, news-driven Equity episode: To talk about what the activist investor wants Twitter to do, and what it has wanted other tech companies to do in recent memory. The tech world, sitting behind a contented wall of dual-class shares and founder-worship, may find activist investors grubby and irksome, but they don't care.
And Twitter, a company that has famously loped along with a part-time CEO for longer than -- admit it -- you thought it would, is, in retrospect, an easy target. They can make sense of it. The question is whether Elliott can win in Japan, where corporate governance remains comparatively docile, and whether it has learned any lessons operating in Asia after the firm suffered one of its few major defeats in South Korea a few years ago when it failed to block Samsung from merging two of its affiliates together.
What to say about this Monday other than it feels a bit like last Monday. The markets aren't doing well, coronavirus is a worry, and we have a cool early-stage round to talk about. After the stock market took a beating last week , the weekend brought more news concerning the novel coronavirus, with more infections being discovered in the United States. It's not been the best time to check your k if you saving for the long-term. But in better news, DoorDash's filing was followed by one from Procore, meaning that IPO season isn't dead, it's just glacial, slow, slothful, and far too measured compared to our prior hopes.
This week will see a few sets of earnings that we care about some JD. When Zoom reports on March 4th it will be carrying the torch for recent, venture-backed IPOs, SaaS companies more broadly, and future-of-work startups specifically. Other than that, no one will be watching what happens to the video conferencing startup that is caught in a rare COVID19 updraft.
Next, we talked about Briza , a very neat early-stage startup that is working in the commercial insurance API space. Yes, this the fusion of several things I love to write about. Namely insurance-tech and API-infra companies. What would you get if you crossed the insurance marketplaces we've been writing about with Plaid?
Something like Briza, I reckon. With more insurance providers hitting Briza up for inclusion in its product, the startup has good pace heading into its impending Demo Day. And it already has the cash it needs to grow. Infra is hot because it's the digital equivalent of selling picks and shovels.
Infra APIs? So hot right now. I'm stoked beyond belief that Equity turns three this month. Who would have thought that our little show that started life as a few Facebook Lives with myself, Katie Roof WSJ and Matthew Lynley ex-Brex and now a solo operator would make it this far.
I'm lucky to still be a part of it. What an insane, heart-stopping, odd, and stuffed week. I'm utterly exhausted. But, in better news, all of that great fodder for podcast and chat, so today's Equity is pretty ok if I may say so. Danny and I chewed through all the stuff that we couldn't get out of our heads, like the markets falling apart and DoorDash's initial movement towards going public. But in keeping with the real beating heart of Equity, we also went over four venture rounds and spent some time talking about SoftBank.
We were also a little tired, so come laugh with us and avoid taking things seriously for a few minutes. We wrapped with whatever this is , other than utterly hilarious and terrifying. We wish you all a lovely weekend.
Chat you Monday morning. I start to prep for Equity Monday on Fridays, keeping tabs of themes and news cycles. By the time it's Sunday night I have a good idea of what the show is going to focus on. And I'm a little tired it being bad news about the coronavirus. Here's to hoping that we, as a species, make material progress to stopping the damn thing. In more mundane terms, the disease continued to shutter cities and countries, slowing the global economy.
I'd rather focus on the human side of the story, but I'm a financial and technology journalist, so here we are. Markets around the world are down sharply. Stocks in the United States are set to fall. Tech companies are pipped by pre-market trading to fall even further. Growth and SaaS public shops look set to take the sharpest hit. Turning to funding rounds this week, just one.
The company -- here, on the Internet -- is working to connect SaaS customers and power users so that they can share tips, pricing information, and negotiation tactics. As literally everyone knows, the SaaS market is too opaque. Also major tracking entities are thought by some to be too favored towards vendors. Capiche wants to tilt the balance of power towards users, instead. If that will prove a lucrative model isn't yet clear, but Capiche is a young company with its first real check.
It has time to prove itself. According to CEO Austin Smith , his company has nearly two years seven quarters of runway in the bank without generating revenue. The startup intends to turn on income far before its money runs out, of course.
I think we'll cover more individual rounds on Equity Monday over time as it's more fun than running through a short, partially-themed list. Finally, I riffed for you on the Credit Karma-Intuit deal that is supposed to be coming very, very soon, in a formal sense. This week was a fun combination of early-stage and late-stage news, with companies as young as seed-stage and as old as PE-worthy joining our list of topics.
Danny and Alex were back on hand to chat once again. Just in case you missed it, they had some fun talking Tesla yesterday , and there are new Equity videos on YouTube. Equity is nearly three years old, and we have some neat stuff coming up that you haven't heard about yet. Stay tuned, and thank you for sticking with for so long. This is the first Equity Shot in what feels like a long time, so, let me explain. Most of the time Equity comes out on Friday. It's a mix of news and chat and venture happenings.
But, sometimes, a topic comes up that demands more immediate attention. That's what happened today as we stared at Tesla's share price wondering what in the hell was going on. Sure, Tesla isn't a private company yet, at least , but as the company made it into the first-ever episode of Equity how can we resist a dive into what is going on today? So, Danny , myself , and Chris on the turntables, got together to riff and chat about what is going on.
And, we just posted the video from that taping , in case you wanted to see what a podcast looks like IRL. Spoiler: It's mostly a bunch of microphones and cables and nerds. Turning to the news, global growth concerns stemming from the coronavirus outbreak are starting to come true, with Singapore changing its own forecasts. Singapore now expects either slower growth, or negative expansion in That's bad news. And, Japan's economy was on the ropes even before the virus really slowed things down.
Expect more of this to keep happening. Also this weekend there was yet another tech-media dustup. If you missed it, you didn't miss much. The week ahead looks pretty tame. If you are a SaaS person, that's for you. We then talked about Dovetail , Copper , Seez , and Bosta -- bringing the morning venture update together with a theme, a first I think for Equity Monday.
All that and we wrapped with Oyo's most recently disclosed financial performance. Surprise, it contained a lot of growth and quickly expanding losses. After having a good time with NEA's Rick Yang last week , we thought we'd bring on another venture capitalist. As it turned out, he was about as correct as guest as possible as not only did the topics of the week line up with where he invests, he's also friends with some of the folks that we discussed on the show.
In this part of the discussion we also touched on capital velocity, and why some firms are writing the same number of checks, but still need more capital. On the other end of the capital spectrum, Equal Ventures put together its first fund , and we riffed on the health of the micro-fund ecosystem.
The news run continued, with our trio touching on Airbnb's recent financial results , and our wonderment about how to price the firm, the closure of Brandless RIP , and the issues at SoftBank. All that and we had to leave Lyft's fascinating earnings and Uber's profit promises alone as we ran a bit long with just that set of topics. A good week, and we're back Monday morning! We kicked off this morning with the latest economic news relating to the coronavirus outbreak in China, namely that a host of Chinese firms are looking for loans.
Inside the group of companies seeking capital that Reuters reported are names that we know, like Didi and Meituan Dianping. At first it appeared that the coronavirus' impact would be a bump in growth; now it appears to be a bit more serious. It's not just big companies that are impacted, mind. Small and private firms with supply chains in China are impacted as well, not to mention the country's entire domestic startup scene.
Looking ahead, there are three key earnings reports on the horizon: Lyft, Alibaba and Shopify. Each matters for a different reason. Alibaba will provide a window into China, Shopify a look at how investors are valuing momentum plays, and Lyft a health report for the on-demand world. After Uber's surprising results and ensuing adjusted profit promise Q4 , not calendar , Lyft is under fresh pressure to match the covenant.
If it doesn't change its profit forecasts, it could be punished. And that could shift the waters for smaller, private on-demand companies like DoorDash and Postmates, along with other mobility firms like Lime and Bird. On-demand companies have raised billions, so Lyft has more than its own investors riding shotgun for its Q4 report. Finally, WeWork wants you to know that it is turning around.
If that is the case is not clear, but its folks are back on CNBC to both beat back an activist attempt to push for change and talk up its own book. How close you think WeWork will end in the black is probably the next question to ask.
That's it from us. Stay cool, and we will be back Friday morning with yet another guest from the venture capital world. This week was something fun. First, we were back as a group in the San Francisco studio, which is always fun. Yang, as old-school Equity listeners will recall, was back on the show in Equity turns three soon, which is somewhat amazing. All that aside, let's talk about what we talked about. As always, we kicked off with three rounds:. After that we chugged through a mountain of news.
First up, the confirmation of a story that we had mentioned on the show before , namely the existence of a new venture fund angel pool, perhaps from the CEO of email startup Superhuman Rahul Vora and Eventjoy founder Todd Goldberg. What next? Well, Casper of course. The company's IPO pricing and debut was this week, something that we've had something to say about.
That and the latest from One Medical's strong post-IPO performance , and the news that Asana has filed privately to go public in a direct listing. That last item was of particular interest as the company hasn't raised as much cash as other companies that we've seen direct list, the Spotifys and Slacks of the world.
So has it raised capital that we haven't heard about, or has it simply not spend the capital it has raised? If it had spent the money, then, wouldn't it want to raise some like with a traditional IPO? Riddles that will be solved when we get to see the damn filing. Oh, and Spotify continues to pour money into podcasting. Which everyone 'round the table thought was pretty smart. This morning we opened with the latest from China , namely its stock market selloff that looked a bit scary from this side of the ocean.
However, global markets had largely absorbed the news stemming from the coronavirus over the last few days, meaning that what happened to China's stocks isn't replicating itself this morning. And since we last spoke, shares of One Medical managed to have a stunning first day , shooting higher despite somewhat lackluster IPO pricing. As we wrote last week, the result is good news for other tech-enabled companies looking to go public. Bitcoin also had a big January , and we're seeing payments consolidation in Europe.
No, fintech isn't very interesting. But, yes, fintech probably matters quite a lot. Consider yourself caught up.
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More than an inconvenience, the current ASIC shortage signals a deeper fundamental weakness in the mining sector amid soaring revenues and activity. Subscribe to , Subscribe. Historical bitcoin mining difficulty and price. Read more about Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
The ins and outs of bitcoin mining can be difficult to understand as is. And there is no limit to how many guesses they get. Let's say I'm thinking of the number There is no "extra credit" for Friend B, even though B's answer was closer to the target answer of Now imagine that I pose the "guess what number I'm thinking of" question, but I'm not asking just three friends, and I'm not thinking of a number between 1 and Rather, I'm asking millions of would-be miners and I'm thinking of a digit hexadecimal number.
Now you see that it's going to be extremely hard to guess the right answer. In Bitcoin terms, simultaneous answers occur frequently, but at the end of the day, there can only be one winning answer. Typically, it is the miner who has done the most work or, in other words, the one that verifies the most transactions.
The losing block then becomes an " orphan block. Miners who successfully solve the hash problem but who haven't verified the most transactions are not rewarded with bitcoin. Well, here is an example of such a number:. The number above has 64 digits. Easy enough to understand so far. As you probably noticed, that number consists not just of numbers, but also letters of the alphabet.
Why is that? To understand what these letters are doing in the middle of numbers, let's unpack the word "hexadecimal. As you know, we use the "decimal" system, which means it is base This, in turn, means that every digit of a multi-digit number has 10 possibilities, zero through nine. In a hexadecimal system, each digit has 16 possibilities. But our numeric system only offers 10 ways of representing numbers zero through nine. That's why you have to stick letters in, specifically letters a, b, c, d, e, and f.
If you are mining bitcoin, you do not need to calculate the total value of that digit number the hash. I repeat: You do not need to calculate the total value of a hash. Remember that ELI5 analogy, where I wrote the number 19 on a piece of paper and put it in a sealed envelope? In bitcoin mining terms, that metaphorical undisclosed number in the envelope is called the target hash.
What miners are doing with those huge computers and dozens of cooling fans is guessing at the target hash. A nonce is short for "number only used once," and the nonce is the key to generating these bit hexadecimal numbers I keep talking about. In Bitcoin mining, a nonce is 32 bits in size—much smaller than the hash, which is bits. In theory, you could achieve the same goal by rolling a sided die 64 times to arrive at random numbers, but why on earth would you want to do that?
The screenshot below, taken from the site Blockchain. You are looking at a summary of everything that happened when block was mined. The nonce that generated the "winning" hash was The target hash is shown on top. The term "Relayed by Antpool" refers to the fact that this particular block was completed by AntPool, one of the more successful mining pools more about mining pools below. As you see here, their contribution to the Bitcoin community is that they confirmed transactions for this block.
If you really want to see all of those transactions for this block, go to this page and scroll down to the heading "Transactions. All target hashes begin with zeros—at least eight zeros and up to 63 zeros. There is no minimum target, but there is a maximum target set by the Bitcoin Protocol. No target can be greater than this number:. Here are some examples of randomized hashes and the criteria for whether they will lead to success for the miner:. You'd have to get a fast mining rig, or, more realistically, join a mining pool—a group of coin miners who combine their computing power and split the mined bitcoin.
Mining pools are comparable to those Powerball clubs whose members buy lottery tickets en masse and agree to share any winnings. A disproportionately large number of blocks are mined by pools rather than by individual miners. In other words, it's literally just a numbers game.
You cannot guess the pattern or make a prediction based on previous target hashes. Not great odds if you're working on your own, even with a tremendously powerful mining rig. Not only do miners have to factor in the costs associated with expensive equipment necessary to stand a chance of solving a hash problem.
They must also consider the significant amount of electrical power mining rigs utilize in generating vast quantities of nonces in search of the solution. All told, bitcoin mining is largely unprofitable for most individual miners as of this writing. Source: Cryptocompare. Mining rewards are paid to the miner who discovers a solution to the puzzle first, and the probability that a participant will be the one to discover the solution is equal to the portion of the total mining power on the network.
Participants with a small percentage of the mining power stand a very small chance of discovering the next block on their own. For instance, a mining card that one could purchase for a couple of thousand dollars would represent less than 0. With such a small chance at finding the next block, it could be a long time before that miner finds a block, and the difficulty going up makes things even worse.
The miner may never recoup their investment. The answer to this problem is mining pools. By working together in a pool and sharing the payouts among all participants, miners can get a steady flow of bitcoin starting the day they activate their miner.
As mentioned above, the easiest way to acquire bitcoin is to simply buy it on one of the many exchanges. Alternately, you can always leverage the "pickaxe strategy. Or, to put it in modern terms, invest in the companies that manufacture those pickaxes. In a cryptocurrency context, the pickaxe equivalent would be a company that manufactures equipment used for Bitcoin mining.
The legality of Bitcoin mining depends entirely on your geographic location. The concept of Bitcoin can threaten the dominance of fiat currencies and government control over the financial markets. For this reason, Bitcoin is completely illegal in certain places. Bitcoin ownership and mining are legal in more countries than not.
The risks of mining are that of financial risk and a regulatory one. As mentioned, Bitcoin mining, and mining in general, is a financial risk. One could go through all the effort of purchasing hundreds or thousands of dollars worth of mining equipment only to have no return on their investment. That said, this risk can be mitigated by joining mining pools. If you are considering mining and live in an area that it is prohibited you should reconsider.
It may also be a good idea to research your countries regulation and overall sentiment towards cryptocurrency before investing in mining equipment. Your Money. Personal Finance. Your Practice. Popular Courses. Part Of. Bitcoin Basics. Bitcoin Mining. How to Store Bitcoin. Bitcoin Exchanges. Bitcoin Advantages and Disadvantages.
Bitcoin vs. Other Cryptocurrencies. Bitcoin Value and Price. Cryptocurrency Bitcoin. Table of Contents Expand. What is Bitcoin Mining? How To Mine Bitcoins.
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You can also choose from iso, ce. CNC : Slaves?! Don't you know that the first condition of a libertarian society is that everyone owns themselves? ANDREW: For example, suppose someone signs a business contract and then, later, can't fulfill the terms of the contract. What would happen? Suppose some guy can't pay his debts. Would he be allowed to declare bankruptcy and move on, or would he become, in a rights-respecting manner, the effective slave of whoever had loaned him the money?
CNC : That would depend upon the debt contract that the lender and borrower had together voluntarily signed. If they had chosen to include a bankruptcy proviso, then the borrower could declare bankruptcy. ANDREW : Suppose that in the libertarian society, lenders would rather encourage borrowers to focus on repayment — and so they decide not to give borrowers an easy way out. Suppose that no lenders offer loans with a bankruptcy proviso. Would that be okay? CNC : Economic theory tells us that loans without a bankruptcy proviso will be made at lower interest rates than loans allowing borrowers to go bankrupt.
So if no loans contain a bankruptcy proviso, it will just mean that borrowers prefer low-interest no-bankruptcy loans. CNC : Look, it sounds from your question like you think that the lenders should be coerced into allowing borrowers to be irresponsible and go bankrupt! That would effectively make them loan their hard-earned money in ways that they don't want. How is that any different than forcing them to work at hard labor? ANDREW : Obviously it would be better to have defaulting borrowers be effectively enslaved in a way that fully respects their natural rights.
CNC : Obviously. Now that we've cleared that up, can you turn off the tape recorder? I want to get started on my steak. Now that Code Name Cain has indicated the promise of a libertarian society, in the next part of the interview he will give a step-by-step plan for how we can make this society a reality. Synoia December 27, at pm.
It fulfills all their requirements, and by what accounts survive, was remarkably unsuccessful. Life was poor, nasty, brutish and short. Me: How are disputes resolved? Lb: We all get together and resolve the dispute. Me: How is the dispute resolution enforced? Lb: Everybody agrees to the resolution. Me: What happens if some do not agree?
What happens if someone cheats? Lb: …….. Those who don't know their History, are condemned to repeat it. The Libertarians appear to want "Rule by the Rich and Powerful" and do not understand that that includes few, if any, of the current libertarians , except perhaps for the Koch Brothers.
The claim, according to The Hill was contained within a court filing by Russian firm Concord Management and Consulting - one of three businesses indicted by Mueller in February along with 13 individuals for election meddling. In the Thursday court filing accusing Mueller's team of illegally withholding information in the case, Concord attorney Eric Dubelier made mention of the "nude selfie," asking " Could the manner in which he collected a nude selfie really threaten the national security of the United States?
LinkedIn needs to be linked-OUT. Phoroneus57 , 3 Jun The first time I saw one in action, it was quite a revelation I looked out the kitchen window to see what looked like a blue jay perching on some kind of largish rock that he was pecking at of course that made no sense at all and upon closer examination it turned out to be a tiny raptor, not even a foot long from beak to tail, standing on a much larger dead chicken and ripping flesh off of it I ran out back toward the chicken yard and the mighty little slayer flew off the poor hen had a good part of her back flesh removed.
Pretty amazing that such a tiny bird could take a chicken easily ten times its weight -- the sharp shinned hawk weighs just grams. So while I certainly despise the useless eaters that agitate for war while having not the slightest idea what combat of any kind is about, I always cringe at the degradation of the word 'chickenhawk' a mighty little predator whose good name should not be sullied in association with such human detritus.
John k , December 26, at pm. Nixon is not just to the left of today's reps, he's to the left of the so called centrist dems I would call them right wing corporate lackays that never saw a war they didn't like. Big Tap , December 26, at pm. They are several varieties of the Mueller candle.
The vendor below said they sold out the original supply of candles but more will arrive in the future. Pray to St. Wukchumni , December 26, at pm. That should be a St. Mueller vigil candle cover. Something appropriate for a saint dedicated to blocking the cleansing power of light.
In later days, that Priest named Mueller was elected to the ranks of the anointed as the patron of all who cast shade and do other evils in the service of a Good Cause. His Saint Day is February The prayer to Saint Mueller begins: "Redactio ad absurdum.
Entropy Wins , Dec 26, PM link. That'd be like astronomers saying that although Hellenic astrology is pseudoscientific nonsense they can probably do business with Ptolemaic or Hindu astrology. Other scientists would laugh and call astronomy the dismal physics. Isn't it about time economists like yourself just told the knuckle dragging ideologues - of whatever colour and salinity - to fuck off?
Hermes , 1 hour ago link. You reminded me of a line by the political satirist Mark Russell commenting on our likewise misguided tactics back in the s:. Dingo Attack!!! Look at the Russian bots here? Do they actually think they can change anyone's opinions about their backwater country run by an egotistical authoritarian?
Says the one person making troll comments. They need this little labels because they have no facts on their side. Only hatred for dissenters. Scores of worldwide diplomats have their backstage sayings : " it's better to be US' foe than ally because if you are their foe, they'll try to buy you ; but if you are their ally , they will sell you.
Scotch Bingeington , Dec 20, PM link. As my regular readers will probably recall, according to my personal, pseudo-Chinese zodiac, was " The Year of the Headless Liberal Chicken. Back in America, millions of liberals and other Russia-and-Trump-obsessives were awaiting the Putin-Nazi Apocalypse , which despite the predictions of Resistance pundits had still, by the Summer, failed to materialize. The corporate media were speculating that Putin's latest "secret scheme" was for Trump to destroy the Atlantic alliance by arriving late for the G7 meeting.
Or maybe Putin's secret scheme was to order Trump to sadistically lock up a bunch of migrants in metal cages, exactly as Obama had done before him but these were special Nazi cages! And Trump was separating mothers and children, which, as General Michael Hayden reminded us , was more or less exactly the same as Auschwitz!
Paul Krugman had apparently lost it , and was running around the offices of The New York Times shrieking that "America as we know it is finished! As if that wasn't paranoia-inducing enough, suddenly, Trump flew off to Helisnki to personally meet with the Devil Himself. The neoliberal establishment went totally apeshit. That, or Trump and Putin were simply using the summit as cover to attend some Nazi-equestrian homosexual orgy, which The Times took pains to illustrate by creating a little animated film depicting Trump and Putin as lovers.
In any event, Jonathan Chait was certain that Trump had been a "Russian intelligence asset" since at least as early as , and was going to Helsinki to "meet his handler. In the wake of the summit, the neoliberal Resistance, like some multi-headed mythical creature in the throes of acute amphetamine psychosis, started spastically jabbering about "treason" and "traitors," and more or less demanding that Trump be tried, and taken out and shot on the White House lawn.
A frenzy of neo-McCarthyism followed. Liberals started accusing people of being "traitorous agents of Trump and Moscow," and openly calling for a CIA coup, because we were "facing a national security emergency! So here's wishing my Russia-and-Trump-obsessed readers a merry, teeth-clenching, anus-puckering Christmas and a somewhat mentally-healthier New Year! Me, I'm looking forward to discovering how batshit crazy things can get I have a feeling we ain't seen nothing yet.
Hopkins is an award-winning American playwright, novelist and political satirist based in Berlin. He can be reached at cjhopkins. I love the insinuation that CNN didn't suspect that Megyn is a bimbo until she tried to outsmart Putin. Fran , Dec 17, AM link. StheNine , 1 hour ago link. Unlike the Ukraine uprising, which witnessed invasive meddling on the part of US politicians and diplomats, Western support for the French Yellow Vest protests has been conspicuously missing in action ;-.
Britain spent part of the spring chucking out Russian diplomats it accused of being spies, of course that means all the known alleged spooks are no longer around, so the UK needs to find some more. One of the things we have learnt in the post-Skripal world, is that there are now seen to be only two kinds of Russian: the spies and Their handlers' workload must be a nightmare!
The true scale of the workload facing British counterintelligences has been recently revealed by a London based think tank, which estimates half of all Russian expats in the British capital are spies or informants. Q: What do humor, health information, giant squids, robotic cockroaches, tedium and postmodernism have in common?
Piotr Berman , Dec 15, PM link. I bet that there are few tons of evidence. Connect them using a straight line, or more correctly, so-called grand circle that is the unique shortest air route from Toronto to Dehli. It goes through Russia. Don Heffernton December 10, at am. They practically makes tTrump and Putin Siamese twins just barely separated decades after birth. That's high crime and misdemeanor grade Collusion if I ever cleverly imagined it.
I have trouble understanding why six months. The UK's customs IT system won't be ready and there's no reason to think it will be ready even then. I could see things getting less bad due to adaptations but "less bad" is not normal. Some parts I quibble with, but generally good and includes useful historical detail. It's crunch time for Labour.
Empty posturing on Brexit will no longer do Guardian. Shreds the Corbyn op-ed we criticized yesterday. Huawei Technologies Co Ltd's chief financial officer, Meng Wanzhou, the year-old daughter of the company's founder, was detained in Canada on Dec. Schmoe , Dec 7, PM link. As for Trump not being able to fire Bolton, give me a break. Wimpy Obama was able to stand up to Netanyahoo on occasion.
Abe Lincoln, John Kennedy and Hitler all tried or in Kennedy's case planned on the issuance of money via the state circumventing the banks. Malakia , 8 Jun If private, stockholder-held central banks such as the FED and the FED-backed ECB were not orchestrating this depression, and anybody who believed they were was a "wacko-nutcase conspiracy theorist", then why do they keep repeating the same mistakes of forcing un-payable bailout loans, collapsing banks, wiping out people's savings and then imposing austerity on those nations year after year -- when it is clearly a failed policy?
Bank presidents are all ex-hippies who got hooked on LSD in the 70's and have not yet recovered fully as their brains are still fried! Central bankers have been recruited from insane asylums in both Europe and America in government-sponsored programs to see whether blithering idiots are capable of running large, international financial institutions. As central banks such as the FED and the ECB operate with insatiable greed and cannot be audited or regulated by any government body anywhere in the world, due to their charters having been set up that way, then bankers are free to meet secretly and plot depressions so as to gain full control over sovereign nations and manipulate markets so that their "chums and agents" in business can buy up assets and land in depressed economies -- while possible wars could also make corporations and banks more money as well!
Please choose one of the possible answers from above and write a short word essay on whether it may or may not true -- using well-defined logical arguments. I expect your answers in by Friday of this week as I would like to get pissed out of my mind at the pub on Saturday night! William Dorritt , 9 minutes ago link. The average Chinese Slave can barely afford their rent and food, if they complain they are sent to re-education camps or exterminated,.
If healthy they will receive first rate medical care to worm them before they are harvested for organs. The average USA Slave can barely afford their rent and food, if they complain they are sent to re-education camps or exterminated,. Rational , says: November 29, at pm GMT.
So he screamed in the cafeteria and spilled his morning coffee. We all wondered what happened to him and so we looked at his friend, and he told us that he must have read the NYT, as that was his common reaction, a cry of pain and anguish and screams of "all lies, all lies, all lies" whenever he reads the newspaper or watches the TV, esp. Your article and the previous news about Manfort visiting Assange and the funny timing of the same reminded me of this story.
I never ordered such a thing! US President Donald Trump is still unsure whether to meet with Vladimir Putin, pending a 'full report' about the Kerch Strait incident that by pure coincidence happened just days before the upcoming G20 summit in Argentina. MilwaukeeMark , 1 hour ago link. Fuster-cluck , 42 minutes ago link. Have some heart. Do you have any idea how much a yacht runs these days? As an example of this worrisome and effective truth-telling, Spaulding cited one of RT's weekly shows, America's Lawyer, hosted by prominent US trial lawyer Mike Papantonio.
The theme of this show , Spaulding revealed to the audience is that the US justice system is "corrupt and broken" and has been "taken over by politicians and the elite for their own corrupt ends. They feature every week, stories from our courts all across the country to demonstrate the truth of this statement. I don't think there's anything in there that is a lie. A truthful news show dedicated to exposing the corruption of the American justice system? Adversaries like Russia, Spaulding said, are "using information operations, sometimes enabled by cyber, to weaken us" — but the reason it can be so effective, she said, is that the information doesn't have to be a lie.
Oftentimes, they don't even have to make things up, they simply replay, they take kernels of truth, they take existing divisions and weaknesses of our own making and reproduce them, put them out, retweet them indefinitely in a very one-sided way. Now, to many Americans, this might sound like some worthwhile viewing, but to Spaulding it is still "propaganda" because the ultimate objective is to weaken the country by revealing its flaws and stirring up trouble.
Authored by Caitlin Johnstone via Medium. This introduction has been authored by the editorial board of the National News Conglomerate. Trump: I have done as you commanded, my dominant and all-powerful lord. I have conspired with your hackers to steal the election, and now I'm going to be president!
I want to thank you for not releasing that video footage of those Russian prostitutes I hired to urinate on a bed the Obamas once slept in. If that had come out it would have offended and alienated a lot of people, which is something I never normally do. Putin: Yes that is an old KGB tactic called kompromat, a word which only extremely intelligent people know about.
Keep this line of communication open. As long as you do as I command, your pee pee tape will remain secret. Trump: One thing I'm curious about though my lord, if you don't mind my asking. If you already had an army of hackers targeting Democratic Party emails, why did you need my help? Couldn't you just have hacked the emails and published them on your own? Why did you need me to interact with them at all? Trump: I'm in! I was really worried that leaked dossier would be the end of me!
What are my instructions, my lord? Putin: Begin introducing racism and division to the United States. America has never experienced these things before, and it will shock and disorient them. With the US divided against itself, your nation will be far too weak to stand against my plans of total world domination.
Trump: That's a really tall order! America has always been a harmonious place where everyone gets along up until today. I'll try my best though. Anything else? Putin: Yes, make them distrust your nation's large media outlets and convince them that the US intelligence community is often dishonest. Trump: That will be really hard because those institutions have always been trusted for their unparalleled integrity.
But your wish is my command, oh lord. Putin: Exactly. This will throw inquisitive minds off the scent. We can't have them finding out about that pee tape. Trump: Are you sure? Some people are saying that chemical attack looks like it could have been perpetrated by the many terrorist factions in Syria and not the government. Putin: Who cares? Have you seen how relentless they've been in exposing us?? Have you never watched Rachel Maddow?
That woman is a psychic bloodhound, masterfully sniffing out the truth at every turn! We can't afford to take chances. Do as I say. Putin: We still need to throw the Russiagaters off the scent. We're playing 3-D chess here. This is high-level disinformation, or dezinformatsiya as very smart people call it. I want as many Russia hawks in your administration as possible. Putin: Shut down the Russian consulate in San Francisco and throw out a bunch of diplomats. That will confuse the hell out of them.
Putin: Now approve the sale of arms to Ukraine. Not even Obama would do that. This will throw them off the trail for sure. Trump: What the hell, man? Why'd you even recruit me if you're just going to have me do everything all the Russia hawks want? Putin: Well, you know how I told you we were playing 3-D chess against the Russiagate investigation?
Putin: Make sure your administration loudly and aggressively backs Ukraine in our Kerch Strait spat. Thanks for reading! The best way to get around the internet censors and make sure you see the stuff I publish is to subscribe to the mailing list for my website , which will get you an email notification for everything I publish.
My articles are entirely reader-supported, so if you enjoyed this piece please consider sharing it around, liking me on Facebook , following my antics on Twitter , throwing some money into my hat on Patreon or Paypal , buying my new book Rogue Nation: Psychonautical Adventures With Caitlin Johnstone , or my previous book Woke: A Field Guide for Utopia Preppers.
The little voice inside my head , 18 minutes ago link. Just encountered a Denzel Washington interview from last year, how true it's become, like the Guardian and Wikileaks "story". Doesn't matter if it's true or not, just be the first , sell it! Not to sound like a Russian misinformation dude, but I was watching some of Putin's interviews and the dude speaks in common sense terms. ABC asks Putin about meddling in the elections.
Was this interview ever broadcasted in full in the US? The Trumpenleft or "Sputnik Left," as it is also called by professional anti-Putin-Nazi intelligence analysts is pretty much exactly what it sounds like. It is a gang of nefarious Putin-Nazi infiltrators posing as respectable leftists in order to disseminate Trumpian ideology and Putin-Nazi propaganda among an assortment of online leftist magazines that hardly anyone ever actually reads.
The aim of these insidious Trumpenleft infiltrators is to sow confusion, chaos, and discord among actual, real, authentic leftists who are going about the serious business of calling Donald Trump a fascist on the Internet twenty-five times a day, verbally abusing Julian Assange , occasionally pulling down oppressive statues, and sharing videos of racist idiots acting like racist idiots in public.
This is the type of gobbledegook the Trumpenleft use to try to dupe real leftists into putting down their phones for a minute and actually thinking through political issues! Fortunately, no one is falling for it. As any bona fide leftist knows, there is no "mass migration problem. The only thing real leftists need to know about immigration is that immigrants are good, and Trump, and walls, and borders are bad!
All that other fancy gibberish about global capitalism, Milton Friedman, labor markets, and national sovereignty is nothing but fascist propaganda which needs to be censored, or at least deplatformed, or demonetized, or otherwise suppressed. But Angela Nagle is just one example. The Trumpenleft is legion, and growing. Now, normally, the opinions of some political journalists and rather marginal political writers wouldn't amount to a hill of beans in this crazy world, but there's a war on, so there's no room for neutrality.
As I mentioned in my latest essay , over the course of the next two years, the global capitalist ruling classes need to make an example of Trump, and Assange, and anyone else who has had the gall to fuck with their global empire. Part of how they are going to do this is to further polarize the already extremely polarized ideological spectrum until everyone is forced onto one or the other side of a pro- or anti-Trump equation, or a pro- or anti-populist equation or a pro- or anti-fascist equation.
As you probably noticed, The Guardian has just launched a special six-week "investigative series" exploring the whole " new populism " phenomenon which began with a lot of scary photos of Steve Bannon next to the word "populism". We are going to be hearing a lot about "populism" over the course of the next two years.
We are going to be hearing how "populism" is actually not that different from fascism, or at the very least is inherently racist, and anti-Semitic, and xenophobic, and how, basically, anyone who criticizes neoliberal elites or the corporate media is Russia-loving, pro-Trump Nazi.
Adam Schiff, who takes the chair of the House Intelligence Committee in January, has a nose for hot tips about his bete noire, Russian President Vladimir Putin, as well as a strong bent toward credulousness. A joke about Andreotti originally seen in a strip by Stefano Disegni and Massimo Caviglia had him receiving a phone call from a fellow party member, who pleaded with him to attend judge Giovanni Falcone's funeral.
His friend supposedly begged, "The State must give an answer to the Mafia, and you are one of the top authorities in it! Paul Greenwood , October 24, at The British Army buys powder charges from South Africa. Parts for F Albatross are made in Turkey. Theresa May today chose to compare herself with Geoffrey Boycott. For once, she was being very accurate, especially when it comes to relationships with her own team. Boycott's players hated him so much during his captaincy they actually ran him out on purpose during a test match.
What else is amazing about her emails leveymg. We learned that she rigged the primary against Bernie and then everyone started talking about Russia! Just as she and Podesta wanted. Disclaimer: No Russian, living or dead, had anything to do with the posting of this proudly home-grown comment. Now we know who financial Steele dossier and created Skripal affair ;- Perfidious Albion: or yet another example of the pot calling the kettle black when in fact the kettle may not be black at all; it's just the pot making up things.
In the government of Britain launched a secret operation to insert anti-Russia propaganda into the western media stream. In a trite refrain straight out of the standard Washington regime change playbook, the United States has lodged a formal complaint alleging Iran is developing nerve agents "for offensive purposes".
Deebo , Nov 22, PM link. Circe , Nov 22, PM link. William Bowles , Nov 23, AM link. Mark Chapman November 14, at pm. Moscow Exile November 17, at am. Children's show is propaganda for Putin, say critics November 17 , am, The Times. Masha and the Bear is produced by a studio in Moscow. A programme about a mischievous girl and a bear watched by millions of British children is accused of being a "soft propaganda" tool for the Kremlin Mark Bridge writes.
The English-language Masha and the Bear has more than 4. Children enjoy watching the feisty little girl and her gentle giant protector. However, critics in Russia's neighbouring states have claimed the series, from a Moscow studio, is part of the country's propaganda machine.
Professor Anthony Glees, of the University of Buckingham, an intelligence expert, said: "Masha is feisty, even rather nasty, but also plucky. She punches above her slight weight. It's not far-fetched to to say that she's acting like Putin". As for the bear, the author recalled the position of the teacher of Tallinn University Priit Khybemyagi, who stated that this character is intended to "change the image of Russia in the minds of children from negative to positive. At the same time, the Lithuanian critics were confused by the USSR border guard cap Masha wears in an episode where she is chasing a hare out of the bear's garden.
They decided that in this way Russia was demonstrating "the defence of its border". Ivanka Trump used her personal email account to send "hundreds" of emails last year to White House aides, assistants and Cabinet officials, according to the Washington Post, citing "people familiar with a White House examination of her correspondence. No Time for Fishing , 4 minutes ago link. They are both chromosomally female, both were using email.
Sure same thing here, give her the cell next to Hillary. Fair sentencing would be something around life for Hillary, week for Ivanka? Honestly, after all of the grief those of us on the right gave Hillary, and rightfully so, for Ivanka to be so obtuse and do this Why make things harder than they need to be? The Trumps are under a microscope and have to know that everything they do is going to be picked apart and debated in the court of public opinion.
Now we will have to listen to people like Don Lemon and Rachel Madcow and the Morning Joe Idiots for the next 2 months blow this waaayyyy out of proportion. For the record, the three branches of government are the legislative, the executive and the judiciary. Durruti , says: November 13, at pm GMT.
To Durruti, Ilyana Rozumova wrote: "I am certain that you do not know this. Medusa's "hair" signifies the bad ideas coming out from women head. Did you notice how many women in US are engaging in politics? US is doomed!!!! Uh, where did Arnon Milchan get such precognitive inspiration?
Z-man , says: November 15, at am GMT. She has now singlehandedly mortally wounded walrus face Bolton. I love you Melania!! Having been blamed for everything from Trump's election victory to USA soccer team's loss to England last week, Russia faced accusations all weekend and was reportedly confronted by the US contingent over "meddling. As the Russian president joined the that Pence shook Putin's 'deadly' hand, met his 'steely KGB-trained' gaze, and desperately tried not to smile or blink for 20 seconds as Putin appeared to chat amicably with the US VP While Putin has if his accusers are to be believed grappled his opponents to death with his bare hands remember he is a sinister KGB agent and jiu-jitsu expert ; we suspect the only thing VP Pence has gripped tightly in his hands is his bible.
Sadly, John Bolton then blew the tough guy act or is he Mike Pence's 'good cop' as he does his best impression of a teenage girl meeting their popstar idol for the first time Save Comment: Reminds us of another 'tough guy' stare-down given by an American politician that was outmaneuvered by Putin at every turn. Whether these nitwits are doing it to convey the idea that they "are being tough on Putin and Russia" - or they actually think they're being "tough" - one thing's for sure, they are both weak and dumb.
OK, so, that was a close one. For a moment there, I was starting to worry that the Democrats weren't going to take back the House and rescue us from " the brink of fascism. Staging these hearings has always been a crucial part of the Resistance's strategy. As history has proved, time and time again, when literal fascists take over your democracy, outlaw opposing political parties, and start shipping people off to concentration camps and revoking journalists' White House access, the only effective way to defeat them is to form a whole buttload of congressional committees and investigate the living Hitler out of them.
This is especially the case when the literal fascists who have commandeered your democracy are conspiring with a shifty-eyed Slavic dictator whose country you have essentially surrounded with your full-spectrum dominant military forces, and who your media have thoroughly demonized, but who is nevertheless able to brainwash your citizens into electing his fascist puppet president with a few thousand dollars worth of Facebook ads.
Once you've determined that has happened which it obviously has , the gloves have to come off. No more prancing around in pussyhats, not with Russian Hitler in office! No, at that point, you really have no choice but to wait two years until your opposition party which Hitler somehow forgot to ban regains control of the House of Representatives which Hitler somehow forgot to dissolve , wait another two months until they take office, and then immediately start issuing subpoenas, auditing Hitler's financial records, and taking affidavits from former hookers.
I realize that may sound extreme, but remember, we're talking about literal fascists, backed by literal Russian fascists, who are going around emboldening literal fascism, and making literal fascist hand gestures on television, and doing all kinds of other fascist stuff! Ah, yes. Goldman Sachs is famous for their "good work and integrity". US prosecutors filed criminal charges against 2 former Goldman Sachs bankers earlier this month. One of them, Tim Leissner, pleaded guilty to conspiracy to launder money and conspiracy to violate the Foreign Corrupt Practices Act.
You might remember Lloyd from his doing "God's Work". Blazing in BC , 2 hours ago link. Degringolade , 13 hours ago. Michelle Obama revealed her true feelings about George W. Bush in a candid interview with his daughter Jenna, insisting that she holds the former Republican president in the highest regard, despite their differing political views. Speaking to former first daughter Jenna Bush Hager in an interview for Today , the year-old insisted that she has always maintained a close friendship with the statesman, who served for two terms before her own husband, Democrat Barack Obama, took over the White House, despite fighting on opposite sides, as it were.
Former President George W. The moment was captured by cameras during former Sen. Joe Lieberman's eulogy to McCain, who died last Saturday after battling brain cancer. Bush was seen grabbing a mint from his wife, former First Lady Laura Bush, and then passing it to Michelle Obama who mouths "thank you" with a smile.
Anya , Nov 12, PM link. Meanwhile, there is an arresting suggestion, floating on blogosphere, to rename Gaza Ghetto into Auschwitz. Makes sense. Posted by: Anya Nov 12, PM That would be a good strategic move. Israel bombing Auschwitz? Doesn't look good. It sends a potent message. I'd rather have a maniac with a meat cleaver after me, so I think Cheney is way worse. And also, if you look at the body count, more than , people died in Iraq. It's not even close, right? K squared November 10, at am.
Trump's domestic policy. Take from the bottom ninety percent and give to the top one percent? That domestic policy? Eric Jacobson , Nov 7, AM link. Dave , Nov 7, AM Bart Hansen , Nov 6, PM link. James lake November 1, at pm. Nauert, a former Fox News journalist, will replace current U. Ambassador Nikki Haley, who abruptly announced in early October that she will exit the administration at the end of the year.
Frito , 1 hour ago link. For him to accuse his accuser of attempting to bribe someone to make accusations about him is no surprise since that is what was most likely done to Kavanaugh. Their playbook is getting quite old. Russian presidential spokesman Dmitry Peskov dismissed the report, telling reporters Thursday the Kremlin regretted that the Times "thoughtlessly publishes information, which demonstrates the decreasing level of journalistic responsibility.
China issued a similar response to the allegations on Thursday, claiming the story undermined the Times' credibility. Republicans: You're screwed and so is the planet. Meeting with US national security adviser John Bolton in Moscow, Russian President Vladimir Putin made a comment about Washington's hostility that went right over the hawkish diplomat's head. The Saker has the transcript of Putin's comments at a recent plenary in Sochi, small snippets of which have already appeared in the media.
About minutes to get through the facilitator seems like a bit of a wet blanket , but fascinating to read, if like me, most of what you hear about Putin has been filtered through the MSM. Putin does detail. He is courteous and patient. He is highly pragmatic and appears to be widely and, for my money, effectively briefed. Olga , October 23, at pm. For those of us lucky enough to follow VVP in his native language — it is indeed a delight.
And — mind you — it was only after I took the time to follow him in his native language that I was able to appreciate this person and his leadership abilities. If one follows him through NYT — no chance that would give one an accurate picture. HolyCOW , 1 hour ago link. I always wanted those lights to turn green immediately when Im around.
And better yet: access to lock or unlock your front door for a 'repairman'. Yeah that will work out great. I always wanted to hand the keys to my home to outsiders for safe keeping, but now its automatic! What a different life we would all lead in this Smart City.
Special Counsel Robert Mueller is expected to issue findings on core aspects of his Russia probe soon after the midterm elections, including addressing questions of collusion and obstruction of justice. What do you think? Barbara Ann 29 Best summary yet!!!!
You've been nominated for the Hildabeast Award. To me the Kashoggi thing is simple, the Skirpal assassins yes they were involved, amazing as this may seem screwed up. They confused Riyad Time with London time; they were still in bed together and not available to routinely refine orders issued by the young King's secretary, an addict of pep pills.
Seal Team 6 , 9 hours ago link. This is what really happened? Booker pulled this man into the restroom because he noticed the man's fly was undone, and Booker being concerned that it would project a negative stereotype helped him out by vigorously checking the area multiple times. You can never be too sure. Satisfied that the mans fly was safe, Booker became fearful that he might have left his fly down but also with a stuck on piece of toilet paper on a very personal spot such that he himself might become a target of Republican ire if they were to notice.
Booker pushed this ingrate down to get the problem fixed simply because reciprocity is part of human societal relations and Booker needed a hand sorry no pun intended. Hey, just two dudes making sure everything is good. Now this gay version of Stormy Daniels is making a play for Booker's cash, all because of an innocent helping hand in the washroom?
Is-Be , 2 hours ago link. Patient Observer October 14, at pm. Reminds me of a Russian joke. An old man comes to a doctor and says: - Doctor, I am only 65, but can't have sex any more. My neighbor is 80, and he tells stories about having sex with young women. Can you help me? TPTB sold Obama as 'prez for change', Trump was the 'anti establishment maverick' Haley would be murikka's 'first lady potus' What's there not to like? It's coming my friends.
It's coming soon. My painting, "Expose the Truth. The spoken word is known to be sticky. The quote tells us "Be careful with your words. Once they're said, they can only be forgiven, not forgotten. For example, the US Ambassador to NATO, which the day before, according to Reuters, said the following, quoting the Agency: "If Russia does not stop the development of prohibited weapons systems, the US will consider destroying them before they work.
How can you not believe Reuters? The main provider of financial news on the planet -- the type of news for the reliability of which people pay serious money. Because they make important decisions on their basis. And now the whole world is holding its breath. To prevent the supply of Russian energy resources to the Middle East. It's so scary. Suddenly, the U. And said only that if Russia will continue to develop their weapons, and the United States will also have to get the same weapons.
And on careful reading of the transcript, it becomes clear that she really did not talk about any weapon destruction. But nobody checked. And for some reason no onein MSM asked the question, and why supplies of Russian energy to the middle East that the Minister of internal Affairs of the United States trying to prevent are needed. Was he talking about gas supplies to Qatar?
Or oil to Saudi Arabia? No, nobody checked anything. Everyone just believed what the media gave us. Because not only is absolutely impossible not to believe Reuters. Such news seems natural to the world in light of what is happening.
Humanity is waiting for an aggravation, and the press gives mankind an exacerbation. Moreover, all know the fake news are distributed only by the Chinese and the Russians. And the free Western media cannot lie. Science fiction, philosophers and futurologists have been trying for several decades to predict how the WWIII can begin.
And now you and I know how it can start. It can start with the fact that some stupid or corrupt or both news agency decides to get more WEB traffic. And may be for MSM just silence in case you are not sure, and avoiding excessive concern about profitability are somewhat safer. Actually safer for all of us, not just MSM. Intellectual property theft, anyone? Which they are always bitching about the Chinese being guilty of.
The new story pointing to an Ethernet hack is clearly intended to act as support for the original story but since the details are so different, and given that the entire report is single-sourced, it has had the opposite effect among security experts who have started to doubt the credibility of the original story. In addition, online sleuths have started digging into the reporters themselves and identifying previous errors in their reporting of security issues.
UN staff did not know until this morning that she was resigning. Pat Lang Mod , a day ago. Tony Vodvarka says: October 1, at pm GMT LBJ, running for a seat in the Texas state legislature, told his campaign manager to spread the charge that his opponent had sex with pigs. Shocked, the manager replied, "He doesn't do that! Blimbax October 6, at am. Just what kind of genius I'm not sure , but obviously he has a keen mind and is a great strategic thinker.
People need to be wary of him, especially Democrats. The main benefit of trump, of course, is not that he is supposedly "a friend of Russia". That is, somewhere at the subconscious there he might have a sincere feeling that make friends with Putin, that would be cool, but it's at the level of vanity, and practical value on this is zero. But what is really cool that he became of catalysts of bickering in the American neoliberal elite on all fronts -- aka "uncivil war".
The world would be better off if this abomination of elite engaged in mutual destruction and it would be even better if they engaged in mutual annihilation. Well, of course Russians are guity. And yes, and the asteroid was an agent of mammals and, if not for his hatred of the noble dinosaurs, everything would be OK.
If there is one thing that still unites Americans across the ever more intellectually suffocating and bitterly polarized political spectrum our imaginations have been crammed into like rush hour commuters on the Tokyo Metro, it's our undying love of identity politics. Who doesn't love identity politics? Liberals love identity politics. Conservatives love identity politics. Political parties love identity politics.
Corporations love identity politics. Advertisers, anarchists, white supremacists, Wall Street bankers, Hollywood producers, Twitter celebrities, the media, academia everybody loves identity politics. The ruling classes love identity politics because they keep the working classes focused on race, ethnicity, gender, sexual orientation, religion, and so on, and not on the fact that they i.
Dividing the working classes up into sub-groups according to race, ethnicity, and so on, and then pitting these sub-groups against each other, is extremely important to the ruling classes, who are, let's remember, a tiny minority of intelligent but physically vulnerable parasites controlling the lives of the vast majority of human beings on the planet Earth, primarily by keeping them ignorant and confused.
The political parties love identity politics because they allow them to conceal the fact that they are bought and paid for by these ruling classes, which, in our day and age, means corporations and a handful of obscenely wealthy oligarchs who would gut you and your kids like trout and sell your organs to the highest bidder if they thought they could possibly get away with it.
The political parties employ identity politics to maintain the simulation of democracy that prevents Americans many of whom are armed from coming together, forming a mob, dismantling this simulation of democracy, and then attempting to establish an actual democracy, of.
The corporate media, academia, Hollywood, and the other components of the culture industry are similarly invested in keeping the vast majority of people ignorant and confused. The folks who populate this culture industry, in addition to predicating their sense of self. Oh, and racists, hardcore white supremacists, anti-Semites, and other far-Right wing nuts my God, do they love identity politics! Identity politics are their entire worldview or Weltanschauung, for you Nazi fetishists.
Virtually every social, political, economic, and ontological phenomenon can be explained by reducing it to race, ethnicity, religion, or some other simplistic criterion, according to these "alt-Right" geniuses. And to render everything even more simplistic, each and every one of their simplistic theories can be subsumed into a meta-simplistic theory, which amounts to did you guess it?
According to this meta-theory, this conspiracy of Jews which is headquartered in Israel, but maintains offices in Los Angeles and New York, from which it controls the corporate media, Hollywood, and the entire financial sector is responsible for well, anything they can think of. September 11 attacks? Conspiracy of Jews. Financial crisis? Jews, naturally. Black on Black crime? Jews again! Gun control laws? Media bias? Who else could be behind it all but Jews?!
So they are continuing to turn on each other. I predict this will continue as they try to 'out victim' each other, and their logical inconsistencies become more and more evident. Sadly this will likely turn violent, as the screaming harpies no of no other way to resolve conflicts other than scorched earth.
Scorched-earth violence is capitalism's preferred method of dealing with it's problems, as millions of people in the Middle East have come to learn. Woo hoo for capitalism and super-rich capitalists ruling over us all! There's nothing to cry about. Nothing at all has changed. I'm just pointing out a little reality to all the useful idiots. Some wondered how it had taken this long for the president to find himself in this situation, while others questioned how the toilet paper had been on his shoe for so long without anyone giving Trump a heads up.
I honestly cannot believe it's taken this long for Trump to board Air Force One with a full strand of toilet paper trailing from his shoe. True Trump supporters should start wearing toilet paper stuck to the bottom of their shoes in solidarity. Your comment reminded me of a recent Dilbert cartoon: The pointy head manager issued a directive that from now on all employees must use company manufactured equipment, which caused all the employees to scream I Quit!
Oh God. Is there no surcease? I know, silly question. Squalling protesters: Half of the country seems fifteen years younger than its chronological age. Staged ire. Sordid passion of the herd. Weird accusations. Savage feminists. As per custom, it is all about how horrible men are. One of the sillier sillinesses of feminists regarding us men, of whom they seem to know little, is that we hate women, scorn them, want to abuse and hurt them and, most especially, gang-rape them.
See, men view rape casually. It's just something to do in a moment of boredom. Like scratching, or wondering where we left our keys. It's because of our misogyny. The Sisterhood seems to love misogyny, pray for misogyny, invent misogyny because without it life would be bleak and devoid of meaning. What is wrong with these baffled ditz-rabbits?
Men hate women? By and large, our mothers have been women. Yes, check it out. Also our wives and girlfriends, grandmothers, granddaughters, daughters and—this will astonish the more ardent among feminists—even many of our friends. And, often, our collies. As for regarding rape causally: If some dirtball raped anywoman close to me, I would favor subjecting him to a sex change with a propane torch, knee-capping him as a mobility-reduction measure, giving him a beating of the sort popular with dentists who want Porsches, and putting him in Leavenworth for thirty years.
Sensitive readers will suggest that I am a psycho for proposing such effective and extremely meritorious measures. Admittedly they run counter to the trade winds of American jurisprudence. But a great many men will quietly say, "Right on, Fred. But: Rape is a crime. The standard is guilt beyond a reasonable doubt. As well as I can see, the Kavanaugh charges do not even meet the civil standard of preponderance of the evidence, since there seems to be little evidence to preponder.
The accuser doesn't remember when it was, or where it was, or just who was there, and those she thinks were there don't remember the party. Since I am actually in a mood for noting things, I will note that any girl in my high school class—King George High, class of —could accuse me of raping her at a party, and do it with similar evidence: none. Equally with Kavanaugh, I would have no way to defend myself. How could I prove what I hadn't done at a party nobody remembered after 55 years?
This would be no defense against the presumption of guilt. Girls I dated would report that I had no such inclinations. Surviving teachers would remember—well, perhaps imperfect behavior, but nothing lubricious. This would prove nothing. However, this first accusation against Kavanaugh has the virtue that it could have happened, since there is no proof that it didn't happen.
The same could be said of course of the charge that I raped whoever some girl might say that I had. Ah, but now we come to the gang-rape business. We have:. First, "cause girls to become inebriated and disoriented. Is this not truly insulting to girls?
But, just as the problem with the first story is no witness, the problem with the gang rape is too many witnesses. While it is true that a rape victim often will not come forward because of embarrassment, it is curious that not one of the violated multitude said anything, even though everyone at the party would have seen the line-up. None of the other girls at the party said anything either, even though this was a frequent occurrence.
Is it not odd that the author of this story, seeing long lines of boys engaging in rape, at party after party after party, saw no particular reason for reporting it? That the many other girls witnessing this also said nothing? This is a song sounding mightily of fabrication. Which must be obvious to senators who, though morally challenged, are not stupid. About 35 years ago, at a party in San Francisco where everyone was very drunk, now Senator Feinstein sexually molested me. Don't remember the date or location or anything else, but it happened, I swear!