Market politics

[Unpilot]

I have been a scared observer of "targeted" messaging since the advent of FB and other wide spread social media.
When so many people get information that is "curated" for them and sent into their news silo it creates all these different "news island's"

We see the effect's here as it relates to Tesla stock but also with climate change and anti vaxer's flat earth believer's...ect.
The ability to spread nonsense seems unlimited....whereas not long ago it was limited to small groups meeting in a basement or garage.

Now we have the POTUS sharing a faked video of the speaker of the house. This is unprecedented in my view. When the President who has obviously a huge audience feels it is OK to share this...( even more scary perhaps he did not know it was doctored) seems to indicate we are reaching a very scary place.

The ability to feed all of us nonsense just seem to grow and grow.

Samsung deepfake AI could fabricate a video of you from a single profile pic

 

[neroden]

Most people don't realize this, but Trump's primary line of business was theft, specifically hiring contractors to do work and then not paying them.

Holding Trump accountable is a pocketbook issue

It is rather astounding that he did worse than an index fund when he has been constantly stealing money.

It is imperative that he go to prison; most of his crimes were commuted in New York City, so Sing Sing would be appropriate. It shows how corrupt the US has gotten that he has not been criminally charged by the NY DA yet.

 

[N5329K]

most of his crimes were commuted in New York City

Not yet they haven’t, but who knows?
Robin

 

[wdolson]

One of the institutions is the Justice Department. The second is the Senate. Let's hope Tutor the Turtle's efforts on the courts does not start providing fruit or we are in for very dark days.

It's a slow moving coup.

No particular expertise in this area but in physics and many fields measurement often opens up new vistas. Sometimes I get the impression we "discover" new particles only when we develop a new machine capable of detecting/creating them. Likewise, an art critic once said people never recognized how beautiful mountains were until artists started painting them.

Today through measurement of "clicks" we can determine audience reaction and thus tailor the message. Were Mcluhan alive he would probably say "measurement is the message." Measuring popularity of news by how many unsold newspapers were returned was not a fine-tuned estimate.

Haven't been in a classroom as a teacher for 11 years so out of touch with contemporary youth. I hope you are right to have confidence in them. Their disdain for Trump and all climate change deniers is understandable and that will grow like tornadoes in the moment—a physics first principle.

In old age it is difficult realizing how much of what I know is just a restating of the obvious, my measurement disability. Too bad Marx so fundamentally misunderstood Hegel. That old one once said "The real is rational, and the rational is real." On this plane, Hegel, like Buddha, is a monist. The mind/body problem, the distinction of self from others, the notion of consciousness separate from an external world, are all false distinctions, illusions if you will. How frustrating it is for Trump and other narcissists to deal with others who also create their own reality.

If the stakes weren't so high it would be merely amusing to see how skillfully grandma Pilosi winds, and rewinds, Trump's tightly wound clock. (Almost dropped the "l".)

The downside is that Millennials often distrust all information, even factual information. We've always had older generations complaining about younger generations, but the gap between the Boomer and Xers and Millennials might be the deepest in history. The late Xers (the Oregon trail generation) are more like the Millennials than early Xers, but Millennials grew up in an environment very different from previous generations. For at least the urban and suburban Millennials, computing devices have been ubiquitous their entire lives.

Back in the mid-90s I had a friend with a toddler and she was amazed that before he was 3 he could identify the CD for the game he liked, load it in the computer and get the game started. For the early Xers and older, the internet came along when we were adults, but most people under 40 today grew up with it (or it was there in their formative years at least).

The gap between rural and urban/suburban youth has been growing as much as it did when electricity was only available in cities. In rural areas the wealthier people can get satellite broadband, but a lot of people are stuck with very poor internet service. Rural youth already have a different experience growing up, but that widens the gap.

I have been a scared observer of "targeted" messaging since the advent of FB and other wide spread social media.
When so many people get information that is "curated" for them and sent into their news silo it creates all these different "news island's"

We see the effect's here as it relates to Tesla stock but also with climate change and anti vaxer's flat earth believer's...ect.
The ability to spread nonsense seems unlimited....whereas not long ago it was limited to small groups meeting in a basement or garage.

Now we have the POTUS sharing a faked video of the speaker of the house. This is unprecedented in my view. When the President who has obviously a huge audience feels it is OK to share this...( even more scary perhaps he did not know it was doctored) seems to indicate we are reaching a very scary place.

The ability to feed all of us nonsense just seem to grow and grow.

Samsung deepfake AI could fabricate a video of you from a single profile pic

A lot of new technology is created by optimists who see the upsides of their inventions. They don't think of the ways corrupt people might use it, or if they do, they dismiss the possibilities. A number of people who created key technologies of the internet never considered the malicious uses we're seeing today and they are speaking up with their dismay.

Most people don't realize this, but Trump's primary line of business was theft, specifically hiring contractors to do work and then not paying them.

Holding Trump accountable is a pocketbook issue

It is rather astounding that he did worse than an index fund when he has been constantly stealing money.

It is imperative that he go to prison; most of his crimes were commuted in New York City, so Sing Sing would be appropriate. It shows how corrupt the US has gotten that he has not been criminally charged by the NY DA yet.

Prosecutors tend to move slowly, especially in high profile cases against people with legions of lawyers. The NY supreme court ruled that a sitting president can be indicted and the new AG does not like Trump. She may still be building her case. She knows that Trump is going to fight any charges tooth and nail so she needs to be sure she has an air tight case before going after him.

Since the House has opened a number of investigations into Trump, the size of Trump's legal team has exploded, but where is the money to pay these lawyers coming from? Knowing Trump, it's probably stolen from some fund like his re-election campaign. Few are even talking about it.

I saw something a year or so back from one of his partners in the casino business. The casinos were doing OK until Trump started siphoning off money and there was a short downturn in business. Those two combined killed the casinos. If Trump hadn't taken too much money out, they would have surfed the economic speed bump just fine.

 

[Boomer19]

posted in mkt action

would be interested in hearing any thoughts about this

Just so everyone here knows.

Joe Biden is having a campaign fundraiser at the home of...

Jim Chanos, on June 17,

Do your best to let Joe and his campaign know that dealing with that sort of person IS the problem.

You bet this has effect on our share price!

Fire Away!

Joe Biden prepares for New York fundraising blitz with Gov. Andrew Cuomo and short seller Jim Chanos

 

[TheTalkingMule]

Most people don't realize this, but Trump's primary line of business was theft, specifically hiring contractors to do work and then not paying them.

I can remember playing poker at the Borgata in Atlantic City when it first opened and hearing the contractors complain about him. The union guys used to walk over from job sites, clock in and and "sit" at higher stakes poker tables for 10hrs a day simply to accrue casino points. When they were actually sitting there all they did was complain about getting screwed over by Trump. That's his specialty, forcing local contractors to work for him know he won't pay them when the job is done. And he had been doing it for years and years all in the same town. Amazing.

 

[JRP3]

posted in mkt action

would be interested in hearing any thoughts about this



Joe Biden prepares for New York fundraising blitz with Gov. Andrew Cuomo and short seller Jim Chanos

Unfortunately Joe is an old school corporate Democrat. I hope we can do better.

 

[winfield100]

posted in mkt action

would be interested in hearing any thoughts about this



Joe Biden prepares for New York fundraising blitz with Gov. Andrew Cuomo and short seller Jim Chanos

i'm in my 70's
i would prefer someone at least 20-40 yrs younger than Biden, with newer ideas
edit: you asked

 

[JRP3]

Sanders is older than Biden, with newer ideas.

 

[Paracelsus]

After taking a day to try to calm down about the news that Jim Chanos has been invited to a fundraiser for Joe Biden I have found that I am actually even more worked up about how deep this river of negative slime really runs. Chanos' public efforts to kill Tesla and the subsequent negative Tesla connection via Chanos to Biden. All the SEC crap that was government-backed against Elon by extremely powerful-yet still unknown forces, and the ramped-up shorting effort against Tesla led by Jim Chanos himself that has dropped Tesla's share price by 50% in the last 6 months. Where does it end?

Jim Chanos strutting around with the candidate that the DNC is trying to shove down our throat. It is starting to smell like our own government (republicans and democrats) supports a take-down of Tesla. The announcement that Chanos will be there is the first real exposure of such a connection at the highest levels. This also helps to explain for me why the Dems as a party have done everything they can to distance themselves from AOC's Green New Deal instead of embrace it while our planet is on fire. Because greed has swallowed common sense.

I apologize for ranting, and am grateful for this sounding board. Please know that my rant isn't focused on Dems/Republicans..........it is focused on 'how in the HELL can anyone running for President be seen in public with the person who is shorting the most successful new American Company that is doing more than any other other American Company to save our Planet.' When even the DNC's top choice is holding hands with the worst of humankind we certainly don't have to ask ourselves any longer why Greta Thunberg stories are not run on our Mainstream Media in the good ol' US of A.

This is really an 'In Your Face' moment. That is what I can't escape since learning of this yesterday. A Presidential Candidate at a fricking Fund Raising event with Jim Chanos after Tesla falls 50%. Perhaps there is a reason Elon hasn't spoken out about the Forces that he really thinks are working against Tesla. It sure explains why this whole Mainstream Media & SEC disaster was completely unchallenged by any politicians regardless of how obviously false it is. I apologize for venting. This news just rips at the very fibers of my being because it hits me in places where I had still held hope.

 

[winfield100]

Sanders is older than Biden, with newer ideas.

@JRP3
Yes, life’s like that isn’t it.
I was a Bernie ‘bro’ in 2016, kinda like Inslee and AOC.
Get a younger one on ticket with Bernie

 

[Boomer19]

Mueller: If we had confidence the President did not commit a crime, we would have said so

Mueller: If we had confidence the President did not commit a crime, we would have said so

 

[JRP3]

A Presidential Candidate at a fricking Fund Raising event with Jim Chanos after Tesla falls 50%. Perhaps there is a reason Elon hasn't spoken out about the Forces that he really thinks are working against Tesla.

To be fair I'd bet Biden has no idea what Chanos has been doing to Tesla, most people don't.

 

[neroden]

Unfortunately Joe is an old school corporate Democrat. I hope we can do better.

Biden is infamous for the "bankruptcy bill" which reintroduced debt slavery to the US, for promoting the war on drugs, for the "crime bill" which promoted mass incarceration of people for petty crime.

Frankly every other candidate in the primary is better than Biden. Biden could easily flame out horribly in the general election: Trump could present himself as the "left-wing" candidate (since Trump doesn't care one whit for consistency or honesty) and pull out Biden's record of right-wing legislation to hammer him with. We need a Democratic candidate who doesn't have a record of the worst sort of right-wing policy if we want to actually get good turnout. That's pretty much anyone but Biden.

 

[Nocturnal]

The department of energy is now calling fossil fuels "freedom gas" and "molecules of freedom". You can't make this crap up. The idiocy of this administration is simply amazing.

The Department of Energy Is Now Calling Fossil Fuels “Molecules of Freedom” and “Freedom Gas”

 

[wdolson]

None of the Democratic candidates really leap out at me as the person I really want to see as president. Ultimately we all need to be pragmatists. Psychologically a large swath of the American public is very traumatized right now. The capriciousness of the current president along with his constantly changing messaging is driving a lot of people nuts. My SO is both a lawyer and a Psychologist and she's seeing a lot of people showing signs of severe stress over the current political situation.

When people are stressed, they run to the known over the unknown. There are quite a number of Republicans who are traumatized by Trump who have expressed that Biden would be an acceptable choice for them. A lot of independents will probably be looking for a known quantity in 2020 too. If he could run again, I wouldn't be surprised if Barack Obama could win a third term quite easily.

Biden doesn't have the greatest track record, but he has expressed regret at many of the legislative blunders he's made. He also has demonstrated he changes with the times too. He's always been a tick left of center, wherever the "center" has wandered over the decades.

Trump is most nervous about Biden because Biden puts the biggest dent in the constituency he needs to win re-election. Biden appeals to the same rural, white Democrats that Bill Clinton appealed to.

This is a very good article that shows the differences between the majority of Democrats and the most vociferous Democrats:
The Democratic Electorate on Twitter Is Not the Actual Democratic Electorate

Biden is ahead in the polls because the quiet majority of Democrats are seeking a known quantity rather than the bold new thing.

Presidential campaigns often listen to people who take the time to write in. I suggest a number of us write the Biden campaign and let them know who Jim Chanos really is and what he's been trying to do. You might see Biden distance himself from him.

If the trends in electing Democrats to Congress continues into 2020, the House and possibly the Senate might move a bit to the left. If the political landscape shifts left, Biden will too. To stitch together the Democrats as the field narrows from the current 2 dozen candidates to one, whoever the nominee is will have to give concessions to the candidates who ran a good race, but didn't go all the way. I think there are some candidates out there today who would be outstanding cabinet secretaries. For example Bernie would be great in something like Health and Human Services.

Accept that the nominee might be more conservative than you want and do what you can to work with it. It would be great to be able to move the political needle forward in the next administration, but realistically, this country is probably going to spend 4-8 years rebuilding and healing after this disaster. We need someone who can appeal to the reasonable conservatives who see the disaster now and those who will be waking up from the cult conditioning and be rather traumatized that they got sucked in by a stupid Hitler.

As I said above, none of the choices are perfect. Every Democratic candidate has drawbacks, but I think Biden has the broadest appeal and is least likely to scare any of the people we're going to need to win over if this country is going to heal from this.

 

[JRP3]

I see Biden as too much of the same old establishment that people rebelled against, which lead to Trump. Sanders would probably have beaten Trump if he were the choice and not Hillary. I think the same is true today. I'm not so sure about Biden.

 

[Intl Professor]

Different approach to trend of thread just now, but in light of Muller's statement today and the perennial mystery of Trump's refusal to do anything about Russian intervention the answer is clear. He knows he needs Russia's continued help to be re-elected just as it was possibly the last straw needed to win in 2016.

 

[neroden]

I would be fine with a conservative candidate, the problem is right wing candidates. Right wing ideas are no longer conservative. The Green New Deal is conservative... Back to the old ways of FDR and Teddy R.

Agree with JRP that Biden is way too establishment. The voters have been voting anti establishment since Clinton 1992, for goodness sake.. Biden is like Kerry politically but with a much worse record.. Obviously better than any Republican... Though Bill Weld is OK... But the independents will not see it that way. We know from polls that Sanders would have won in 2016. Hillary was too "establishment" as well as being an awful campaigner. That 5% difference in polling for the general is the stench oif the establishment.

The last establishment candidate to win was GHW Bush. Before that? Nixon. Americans have been itching for a change for a long time. The rising numbers of independents tell us this and they are the ones who may stay home if the candidate seems too establishment. Every single candidate except Biden has some anti establishment cred. Enough to get that 5% I think.

 

[Oil4AsphaultOnly]

None of the Democratic candidates really leap out at me as the person I really want to see as president. Ultimately we all need to be pragmatists. Psychologically a large swath of the American public is very traumatized right now. The capriciousness of the current president along with his constantly changing messaging is driving a lot of people nuts. My SO is both a lawyer and a Psychologist and she's seeing a lot of people showing signs of severe stress over the current political situation.

When people are stressed, they run to the known over the unknown. There are quite a number of Republicans who are traumatized by Trump who have expressed that Biden would be an acceptable choice for them. A lot of independents will probably be looking for a known quantity in 2020 too. If he could run again, I wouldn't be surprised if Barack Obama could win a third term quite easily.

Biden doesn't have the greatest track record, but he has expressed regret at many of the legislative blunders he's made. He also has demonstrated he changes with the times too. He's always been a tick left of center, wherever the "center" has wandered over the decades.

Trump is most nervous about Biden because Biden puts the biggest dent in the constituency he needs to win re-election. Biden appeals to the same rural, white Democrats that Bill Clinton appealed to.

This is a very good article that shows the differences between the majority of Democrats and the most vociferous Democrats:
The Democratic Electorate on Twitter Is Not the Actual Democratic Electorate

Biden is ahead in the polls because the quiet majority of Democrats are seeking a known quantity rather than the bold new thing.

Presidential campaigns often listen to people who take the time to write in. I suggest a number of us write the Biden campaign and let them know who Jim Chanos really is and what he's been trying to do. You might see Biden distance himself from him.

If the trends in electing Democrats to Congress continues into 2020, the House and possibly the Senate might move a bit to the left. If the political landscape shifts left, Biden will too. To stitch together the Democrats as the field narrows from the current 2 dozen candidates to one, whoever the nominee is will have to give concessions to the candidates who ran a good race, but didn't go all the way. I think there are some candidates out there today who would be outstanding cabinet secretaries. For example Bernie would be great in something like Health and Human Services.

Accept that the nominee might be more conservative than you want and do what you can to work with it. It would be great to be able to move the political needle forward in the next administration, but realistically, this country is probably going to spend 4-8 years rebuilding and healing after this disaster. We need someone who can appeal to the reasonable conservatives who see the disaster now and those who will be waking up from the cult conditioning and be rather traumatized that they got sucked in by a stupid Hitler.

As I said above, none of the choices are perfect. Every Democratic candidate has drawbacks, but I think Biden has the broadest appeal and is least likely to scare any of the people we're going to need to win over if this country is going to heal from this.

Sorry, but Biden's too old school. The old way of thinking/politicking isn't going to lead to any progressive change. Obama tried to work with a republican congress, and nothing meaningful got done other than a slow rescue of the economy - even universal healthcare was a compromise.

At the rate things are going, we'll be in a full blown recession just around election time. The new president is going to have a basket-case of an economy to deal with, and a Green New Deal is what's needed to lead the way out of it, not saving infrastructure companies that would be considered too big to fail.