Saturday, April 30, 2022

Friday, April 29, 2022

Kara Swisher on Elon Musk

Following-up, "Space-X Falcon 9 Launches 53 Starlink Satellites Into Orbit (VIDEO)."

Via Twitter (and with Kara Swisher here). 




Space-X Falcon 9 Launches 53 Starlink Satellites Into Orbit (VIDEO)

Hey, the guy bought Twitter, but as the owner of Space-X and other big properties, can he keep all his balls in the air?

WATCH:



Stocks Skidded Friday, Dow Dropping More Than 900 Points in Broad Investor Selloff

Shoot, another week like this one and the Dow will be in correction territory. My funds squeaked out of the first quarter with a mild $500 loss, but if this keeps going, I'll be taken to the cleaners --- and imagine how everybody else feels! 

Oh boy this is going to be a rocky year, just in time for the November midterms!

At CNBC, "Dow plunges more than 900 points for its worst day since 2020, falls for a fourth straight week":

And at the Wall Street Journal, "Tech Rout Drags Nasdaq to Worst Month Since 2008":

Tech-heavy index slid more than 4% Friday, bringing its losses for month to 13%.

An April rout in technology stocks deepened Friday, dragging the Nasdaq Composite to its worst monthly performance in more than a decade, as soaring inflation and rising interest rates fanned worries of a recession.

The broad selloff has erased trillions of dollars in market value from the tech-heavy gauge, with investors souring on shares of everything from software and semiconductor companies to social-media giants.

The Nasdaq dropped 4.2% Friday, bringing its losses for the month to more than 13%, its worst showing since October 2008. The index is down 21% in 2022, its worst start to a year on record.

The broader S&P 500 has fallen for four consecutive weeks, shedding 8.8% in April and bringing its year-to-date losses to 13%. The Dow Jones Industrial Average fell 4.9% this month and is down more than 9% this year. Both indexes logged their worst months since March 2020.

The punishing declines in tech and growth stocks mark a dramatic shift from recent years. Investors have ditched shares of some of the biggest tech companies, which had been stock-market darlings for much of the past decade and propelled the indexes’ gains from the pandemic lows.

Within just a few months, some of the most reliable winners morphed into losers. Netflix dropped 49% in April. Nvidia fell 32%. And PayPal Holdings declined 24%. All three stocks are down more than 35% in 2022.

Worries about the Federal Reserve raising interest rates, soaring inflation and the path of the economy have brought stocks sharply lower from the record levels at which they started the year. Many pandemic-era winners also have come falling back to earth as consumer tastes have evolved since 2020. And recently, earnings season has been dotted with some high-profile disappointments, delivering head-spinning one-day stock moves following the reports.

“We’re going into a higher volatility regime, when fundamentals matter again,” said Aashish Vyas, investment director at Resonanz Capital. “It does seem like we are at a systemic shift.”

The FAANG stocks, consisting of the popular quintet of Facebook parent Meta Platforms, Apple, Amazon.com, Netflix and Google parent Alphabet, have collectively lost more than $1 trillion in market value this month, the most since Facebook started trading in May 2012.

Investors say they will be tracking the next batch of earnings results in coming days for signs of slowing growth from other companies. So far, corporate profits are on track to rise 7% for the quarter, according to FactSet, the lowest year-over-year earnings growth rate since the last quarter of 2020....

The latest gross domestic product data showed that the economy recently contracted for the first time since early in the pandemic. Meanwhile, inflation accelerated in March to its fastest pace since 1982, measured by the Federal Reserve’s preferred gauge.

Despite higher prices, U.S. consumer spending for March increased 1.1% from the prior month, showing that American households are absorbing high inflation. Some investors say shares of some tech companies look attractive after the recent selloff, and that they would consider stepping in to buy shares. The Nasdaq is now down 23% from its high and trading at levels not seen since 2020.

Friday’s losses in the stock market accelerated into the closing bell, which some traders attributed to technical factors such as hedging activity and trading by leveraged exchange-traded products. The Dow sank more than 900 points, or 2.8%, and the S&P declined 3.6%...

 

Congressional Midterms: Democrats Weak on Key Issues; Republicans Perceived as Party Better Able to Deal With Top Issues

At Marist, "NPR/PBS NewsHour/Marist National Poll: The 2022 Midterms & Biden’s Job Performance, April 2022":

The big question at this point is how many seats Republicans will gain. They picked up 64 seats in the House in 2010, and 54 in 1994. I haven't paid attention to the Senate. Can they pick up 10 seats and get to a filibuster-proof majority? This year's the year if there was one.

And from a couple of weeks ago, Larry Sabato, "Are Democrats Headed for a Shellacking in the Midterm Election?":

There appears to be a growing consensus among pundits and political observers that Democrats are likely to experience a shellacking in the 2022 midterm elections, especially in the House of Representatives. According to observers such as Chuck Todd and Mark Murray of NBC News, a number of indicators are now pointing toward major losses for Democrats, especially President Biden’s poor approval rating and the large proportion of Americans who believe that the country is currently on the wrong track or headed in the wrong direction...

Still more.


Thursday, April 28, 2022

Adam Tooze, Shutdown

At Amazon, Adam Tooze, Shutdown: How Covid Shook the World's Economy.




Oh Brother, Here We Go: Los Angeles Coronavirus Cases Up 40 Percent in One Week

L.A. County kept its mask mandate in place longer than just about everywhere else in the state, and in fact, when the O.C. dropped its mandate, L.A. reimposed theirs (which was ridiculous; they wouldn't even sell me a book at the Burbank Barnes and Noble last summer, unless I masked up; so stupid).

And the City of Long Beach is also muthaf***ing strict, so my college keeps the indoor mask mandate right now. Oh brother. I can see yet another fall semester coming with all the students in face coverings. If you cannot see each others faces, it's much harder to learn. Everyone knows this. It's gotta be about power at this point, and that's shameful.

At LAT, "L.A. coronavirus cases up 40% in one week; hospitalizations rising, too":

Coronavirus cases in Los Angeles County rose by 40% over the past week and hospitalizations have started to creep up as well, underscoring how important it is for people to be up-to-date on their vaccines and boosters, as well as wear masks in indoor public settings, officials said.

Although neither the number of infections nor the patient census are setting off alarm bells just yet, the trendlines illustrate that the county is contending with reinvigorated coronavirus transmission. And for county Public Health Director Barbara Ferrer, who called the increase in cases “pretty significant,” they reinforce the importance of taking individual actions to thwart the spread.

“Since the beginning of the pandemic, we’ve all had to make choices about how to best protect ourselves and others from COVID-19,” she told reporters Thursday. “With cases on the rise, the potential for more contagious variants and lots of opportunities to be exposed, this is a great time to make a choice to get vaccinated or boosted and to wear a mask or respirator when you’re indoors and around others.”

Over the last week, L.A. County has reported an average of about 1,764 new coronavirus cases per day — up from 1,261 a week ago.

The latest number is double the 879 cases a day L.A. County was reporting in early April.

On a per capita basis, the county’s case rate has risen to 122 cases a week for every 100,000 residents. L.A. County’s case rate exceeded 100 over the weekend, meaning the nation’s most populous county is again experiencing a high rate of transmission for the first time since early March.

Perhaps more concerningly, the number of coronavirus-positive patients hospitalized countywide has also risen this week following months of steady decline.

On Wednesday, 249 such individuals were hospitalized countywide. Five days earlier, on Friday, the count was 209: the lowest single-day total for the county since the pandemic began, state data show.

Since the emergence of the highly infectious Omicron variant of the coronavirus in December, officials have noted that many infections have tended to result in relatively mild illness — forging an environment where case counts were sky high, but the share of people being hospitalized with COVID-19 was lower than in the pandemic’s previous waves.

For instance, during the peak of the winter Omicron wave, 1.2% of coronavirus cases in L.A. County were hospitalized; by contrast, during last summer’s Delta wave, 5.6% of cases were hospitalized.

Nevertheless, the sheer infectivity of Omicron stretched some hospitals throughout the state to their limit. And in the months since the last surge subsided, new even-more-contagious subvariants of Omicron have emerged — including BA.2 and, more recently, BA.2.12.1.

BA.2 is the primary culprit behind the uptick in cases in L.A. County, accounting for at least 88% of cases here, officials say.

BA.2.12.1 has spawned similar increases elsewhere in the U.S., and accounts for a majority of coronavirus cases in New York and New Jersey. California officials have projected that BA.2.12.1 will also account for a majority of coronavirus cases in California within a few days, according to Ferrer.

BA.2.12.1 is estimated to be 25% more contagious than BA.2. “With that growth advantage, it could quickly become the dominant strain across the United States,” Ferrer said...

Barbara Ferrar, pfft. She's like a Soviet psychiatrist locking everyone up for "mental defects," i.e., wrong think. 

I guess the upside is that even in California people are over it and even lefty voters will be bringing the hammer when they hit the polls. I really can't wait until November.

Still more.


Inside Twitter, Fears Musk Will Return Platform to Its Early Troubles

Yep, there's a tremendous level of fear back at HQ. It's freaky. 

I mean, all this time our Twitter overlords were making the site a "safe space" for their cuckolds and non-binary gender non-conforming psychiatric outpatients (especially their confused, dsyphoric young women with social contagion). And now with Boss Elon recalibrating the shots, it's the end of the world as they know it.

Nah I say ... just wait till November, for the congressional midterm earthquake and concomitant tsunami that washes Pelosi and the Democrats out to sea. It'll be great --- all those 2016 crying-scream-memes were getting a bit old anyway.

At the New York Times, "Content moderators warn that Elon Musk doesn’t appear to understand the issues that he and the company will face if he drops its guardrails around speech":

Elon Musk had a plan to buy Twitter and undo its content moderation policies. On Tuesday, just a day after reaching his $44 billion deal to buy the company, Mr. Musk was already at work on his agenda. He tweeted that past moderation decisions by a top Twitter lawyer were “obviously incredibly inappropriate.” Later, he shared a meme mocking the lawyer, sparking a torrent of attacks from other Twitter users.

Mr. Musk’s personal critique was a rough reminder of what faces employees who create and enforce Twitter’s complex content moderation policies. His vision for the company would take it right back to where it started, employees said, and force Twitter to relive the last decade.

Twitter executives who created the rules said they had once held views about online speech that were similar to Mr. Musk’s. They believed Twitter’s policies should be limited, mimicking local laws. But more than a decade of grappling with violence, harassment and election tampering changed their minds. Now, many executives at Twitter and other social media companies view their content moderation policies as essential safeguards to protect speech.

The question is whether Mr. Musk, too, will change his mind when confronted with the darkest corners of Twitter.

“You have said that you want more ‘free speech’ and less moderation on Twitter. What will this mean in practice?” Twitter employees wrote in an internal list of questions they hoped to ask Mr. Musk, which was seen by The New York Times.

Another question asked: “Some people interpret your arguments in defense of free speech as a desire to open the door back up for harassment. Is that true? And if not, do you have ideas for how to both increase free speech and keep the door closed on harassment?”

Mr. Musk has been unmoved by warnings that his plans are misguided. “The extreme antibody reaction from those who fear free speech says it all,” he tweeted on Tuesday.

He went on to criticize the work of Vijaya Gadde and Jim Baker, two of Twitter’s top lawyers. Ms. Gadde has led Twitter’s policy teams for more than a decade, often handling complicated moderation decisions, including the decision to cut off Donald J. Trump near the end of his term as president. A former general counsel for the F.B.I., Mr. Baker joined Twitter in 2020.

Twitter’s chief executive, Parag Agrawal, did not directly respond to the criticism, but in a tweet he wrote, “Proud of our people who continue to do the work with focus and urgency despite the noise.”

Employees of Twitter and other social media companies said that Mr. Musk seemed to understand little about Twitter’s approach to content moderation and the problems that had led to its rules — or that he just didn’t care. Some of the suggestions he has made, like labeling automated accounts, were in place before Mr. Musk launched his bid.

“He’s basically buying the position of being a rule-maker and a speech arbiter,” said David Kaye, a law professor at the University of California, Irvine, who worked with the United Nations on speech issues. “That has been really fraught for everybody who’s been in that position.”

In its early years as a small start-up, Twitter was governed by one philosophy: The tweets must flow. That meant Twitter did little to moderate the conversations on its platform.

Twitter’s founders took their cues from Blogger, the publishing platform, owned by Google, that several of them had helped build. They believed that any reprehensible content would be countered or drowned out by other users, said three employees who worked at Twitter during that time.

“There’s a certain amount of idealistic zeal that you have: ‘If people just embrace it as a platform of self-expression, amazing things will happen,’” said Jason Goldman, who was on Twitter’s founding team and served on its board of directors. “That mission is valuable, but it blinds you to think certain bad things that happen are bugs rather than equally weighted uses of the platform.”

The company typically removed content only if it contained spam, or violated American laws forbidding child exploitation and other criminal acts.

In 2008, Twitter hired Del Harvey, its 25th employee and the first person it assigned the challenge of moderating content full time. The Arab Spring protests started in 2010, and Twitter became a megaphone for activists, reinforcing many employees’ belief that good speech would win out online. But Twitter’s power as a tool for harassment became clear in 2014 when it became the epicenter of Gamergate, a mass harassment campaign that flooded women in the video game industry with death and rape threats.

“If there are no rules against abuse and harassment, some people are at risk of being bullied into silence, and then you don’t get the benefit of their voice, their perspective, their free expression,” said Colin Crowell, Twitter’s former head of global public policy, who left the company in 2019.

In response, Twitter began expanding its policies...

More at that top link, and, on "Gamergate," see the Other McCain, "GamerGate And Why It Matters To Conservatives."

Deep Blue Babe

BUMPED: I needed to post this back up top, as I messed up Ms. Julia's link.

*****

On Twitter.

Plus, MrsTrixie.

And Julia Rose.




Video Shows Moment Before 'Rust' Cinematographer Halyna Hutchins' Death (VIDEO)

On Twitter, "The Santa Fe County Sheriff’s Office has released evidence related to the deadly shooting on “Rust” movie set in New Mexico last year. Included is this clip of the scene where the film’s cinematographer was killed by a gun in Alec Baldwin’s hands."

Baldwin is shown pulling the trigger without a doubt, contradicting his claims that "I didn't pull the trigger..."

And at the Los Angeles Times, "Hutchins family surprised by massive ‘Rust’ data dump, calls for discretion":


The family of Halyna Hutchins was taken aback by the extraordinary data dump from the “Rust” movie set shooting investigation released by the Santa Fe County Sheriff’s Office Monday.

The rising star cinematographer‘s final moments were captured on film released by the authorities, as she fought for her life after Alec Baldwin accidentally shot her on the set of the low-budget western last fall. Included in the haul were personal details such as social security numbers and home phone numbers of other crew members.

Lawyers for the Hutchins family, who have filed a wrongful-death suit against Baldwin and the production, called for restraint in sharing the footage.

“We were surprised by the decision of the Santa Fe County Sheriff’s Office to release such a large amount of evidence given that the investigation is still ongoing and active,” Brian Panish, attorney for the Hutchins family, said in a statement. “We hope the press will exercise discretion in how they use the graphic images and videos of the fatal events.”

Hutchins’ death sent shockwaves through the film industry, which is still grappling with how to respond to the accident. Hollywood has not seen a case like this since 2014, when Sarah Jones, a camera assistant, was killed during unauthorized filming on a train track in Georgia.

The fact that a household name such as Baldwin pulled the trigger on the prop gun, killing the mother of one, has brought intense scrutiny to the investigation.

Legal experts said the amount of information released was unprecedented: It included a 204-page case report, several videos of witness interviews, dash cam footage from officers arriving at the set and crime scene photos.

“This is just something that you don’t see,” criminal defense attorney Joshua Ritter, a former prosecutor with the Los Angeles County district attorney’s office, said in an interview. “We’re not talking about a few hand-picked reports or videos, but it’s almost like they’ve released their entire file and it’s just remarkable to me.”

He added that the move would put the New Mexico district attorney in an “untenable” position. “They’ve almost invited public opinion to weigh in on whether or not they think criminal charges are strong or not,” Ritter said.

The Sheriff’s Office said that the release of the information was in reaction to requests for records, which it is required to comply with under New Mexico’s Inspection of Public Records Act. The law requires that the public and media get access to public information.

“We had received many requests for the information since the beginning of the investigation back in October when the incident occurred and it took us a lot of time to compile the data,” Juan Rios, a spokesperson for the Santa Fe County Sheriff’s Office, said Tuesday. “When information is requested in New Mexico that is a public record, which these files are, we’re obligated to release them.”

The release, which included all the information the office has, was not any indication of the timing of any charges that might be filed, Rios said in an interview.

Not included in the release are FBI firearm and ballistic forensics along with DNA and latent fingerprint analysis, the New Mexico Office of the Medical Investigator findings report, and the analysis of Baldwin’s phone data, which the Sheriff’s Office has yet to receive.

The decision to release the documents was made by Sheriff Adan Mendoza, Rios said. He confirmed that the release included telephone numbers and social security numbers that had not been redacted and that anyone who had requested the records received them.

New Mexico has a victim’s rights law that requires that victims be treated with fairness and with dignity and privacy throughout the criminal justice process, as well as timely disposition of the case. Rios said the data release was in compliance with New Mexico law.

Lisa Torraco, attorney for “Rust” assistant director David Halls, said the Sheriff’s Office was negligent in releasing the information.

“We are very very disappointed the sheriff released personal information,” Torraco said in a statement...

Keep reading.

 

College-Educated Workers Head to Amazon, Starbucks, Looking for Jobs

And REI as well.

Hey, "creative destruction," and all that!

The makings of a new American college-educated proletariat!

At the New York Times, "The Revolt of the College-Educated Working Class":

Over the past decade-and-a-half, many young, college-educated workers have faced a disturbing reality: that it was harder for them to reach the middle class than for previous generations. The change has had profound effects — driving shifts in the country’s politics and mobilizing employees to demand fairer treatment at work. It may also be giving the labor movement its biggest lift in decades.

Members of this college-educated working class typically earn less money than they envisioned when they went off to school. “It’s not like anyone is expecting to make six figures,” said Tyler Mulholland, who earns about $23 an hour as a sales lead at REI, the outdoor equipment retailer, and holds bachelor’s and master’s degrees in education. “But when it’s snow storming at 11:30 at night, I don’t want to have to think, ‘Is the Uber home going to make a difference in my weekly budget?’”

In many cases, the workers have endured bouts of unemployment. After Clint Shiflett, who holds an associate degree in computer science, lost his job installing satellite dishes in early 2020, he found a cheaper place to live and survived on unemployment insurance for months. He was eventually hired at an Amazon warehouse in Alabama, where he initially made about $17.50 an hour working the overnight shift.

And they complain of being trapped in jobs that don’t make good use of their skills. Liz Alanna, who holds a bachelor’s in music education and a master’s in opera performance, began working at Starbucks while auditioning for music productions in the early 2010s. She stayed with the company to preserve her health insurance after getting married and having children.

“I don’t think I should have to have a certain job just so I can have health care,” Ms. Alanna said. “I could be doing other types of jobs that might fall better in my wheelhouse.”

These experiences, which economic research shows became more common after the Great Recession, appear to have united many young college-educated workers around two core beliefs: They have a sense that the economic grand bargain available to their parents — go to college, work hard, enjoy a comfortable lifestyle — has broken down. And they see unionizing as a way to resurrect it.

Support for labor unions among college graduates has increased from 55 percent in the late 1990s to around 70 percent in the last few years, and is even higher among younger college graduates, according to data provided by Gallup. “I think a union was really kind of my only option to make this a viable choice for myself and other people,” said Mr. Mulholland, 32, who helped lead the campaign to unionize his Manhattan REI store in March. Mr. Shiflett and Ms. Alanna have also been active in the campaigns to unionize their workplaces.

And those efforts, in turn, may help explain an upsurge for organized labor, with filings for union elections up more than 50 percent over a similar period one year ago.

Though a minority at most nonprofessional workplaces, college-educated workers are playing a key role in propelling them toward unionization, experts say, because the college-educated often feel empowered in ways that others don’t. “There’s a class confidence, I would call it,” said Ruth Milkman, a sociologist of labor at the Graduate Center of the City University of New York. “A broader worldview that encompasses more than getting through the day.”

While other workers at companies like Starbucks and Amazon are also supportive of unions and sometimes take the initiative in forming them, the presence of the college-educated in these jobs means there is a “layer of people who particularly have their antennae up,” Ms. Milkman added. “There is an additional layer of leadership.”

That workers who attended college would be attracted to nonprofessional jobs at REI, Starbucks and Amazon is not entirely surprising. Over the past decade, the companies’ appetite for workers has grown substantially. Starbucks increased its global work force to nearly 385,000 last year from about 135,000 in 2010. Amazon’s work force swelled to 1.6 million from 35,000 during that period.

The companies appeal to affluent and well-educated consumers. And they offer solid wages and benefits for their industries — even, for that matter, compared with some other industries that employ the college-educated...

Still more.

 

U.S. Economy Shrank 1.4 Percent in Weakest Quarter Since 2020

Let's Go Brandon!

At the Wall Street Journal, "U.S. GDP Falls 1.4% as Economy Shrinks for First Time Since Early in Pandemic":

Supply disruptions weighed on the economy, but consumers and businesses continue to spend.

The U.S. economy shrank at a 1.4% annual rate in the first quarter as supply disruptions weighed on output, though solid consumer and business spending suggest growth will resume.

The decline in U.S. gross domestic product marked a sharp reversal from a 6.9% annual growth rate in the fourth quarter, the Commerce Department said Thursday. The first quarter was the weakest since spring 2020, when the Covid-19 pandemic and related shutdowns drove the U.S. economy into a deep—albeit short—recession.

The drop stemmed from a widening trade deficit, with the U.S. importing far more than it exports. A slower pace of inventory investment by businesses in the first quarter—compared with a rapid buildup of inventories at the end of last year—also pushed growth lower. In addition, fading government stimulus spending related to the pandemic weighed on GDP.

Consumer spending, the economy’s main driver, rose at a 2.7% annual rate in the first quarter, a slight acceleration from the end of last year. Businesses also poured more money into equipment and research and development, triggering a 9.2% rise in business spending.

“The most important aspects of the domestic economy held up better than they did at the end of 2021, when growth was soaring,” said Diane Swonk, chief economist at Grant Thornton, in a note.

Two years after the pandemic struck, the U.S. economy faces challenges, including supply disruptions related to the pandemic and Ukraine war, labor shortages and high inflation. Central bank officials lifted their benchmark rate in March by a quarter percentage point from near zero to tame inflation, and they have signaled more increases are likely to follow.

Many economists think that the economy can withstand higher interest rates and return to modest growth in the second quarter and beyond, in part because consumers and businesses are continuing to spend.

Americans are spending more on services amid lower Covid-19 case totals and the lifting of remaining pandemic restrictions. Travel is one key example: Hotel occupancy rates are up from January, and more people are also boarding planes.

George Lewis, co-owner of Brass Lantern Inn in Stowe, Vt., is seeing a surge in demand. Visits to his bed-and-breakfast on Maple Street are running strong with rooms selling out some weekends this spring, a sharp shift from earlier in the pandemic when the inn relied on small-business aid to survive.

“People have called up: ‘Are you really sold out?’ ” Mr. Lewis said. “I’m like, ‘Yeah, yeah, we’re really sold out.’ ”

Still, Mr. Lewis is more concerned about business next year. For one, it isn’t clear where inflation will be, he said. Prices have already risen briskly for heating oil to warm rooms, as well as for the cheddar cheese Mr. Lewis uses in egg strata, a breakfast casserole he serves up on Saturdays.

Consumer spending is another wild card, he added.

“We don’t know what people’s pocketbooks can accommodate after this year,” he said. “Some people are spending…independent of what the cost is.”

Looking ahead, economists surveyed by The Wall Street Journal estimate GDP rising 2.6% in the fourth quarter of 2022 from a year earlier, matching 2019 annual growth, but logging in well below 5.5% growth recorded last year.

The labor market is a key source of economic strength right now. Jobless claims—a proxy for layoffs—have been near historic lows and fell last week to 180,000 as employers clung to employees amid a shortage of available workers. Businesses are hiring and ramping up wages, supporting consumer spending.

High inflation, though, is cutting into households’ purchasing power. Consumer prices rose 8.5% in March from a year earlier, a four-decade high. Elevated inflation is wiping away pay gains for many workers: average hourly earnings were up 5.6% over the same period.

Fast-rising prices are also challenging many businesses...

 

Wednesday, April 27, 2022

MSNBC's Joy Reid Completely Tanked in April

I have actually never watched her show. I see too many people posting her deranged racist idiocy on Twitter. That's more than enough.

Turns out I'm not the only one. Maybe she's become even more deranged, racist, and idiotic in recent weeks, as it's become clear the left is in *a lot* of trouble this year.

At Fox News, "MSNBC’s Joy Reid has lowest-rated month ever, sheds 51% of debut audience from 2020: Poor viewership didn’t stop the MSNBC host from making headlines with outlandish comments."


How the Elites Lost the Twitter War

From David Auerbach, at UnHerd, "Elon Musk has sided with the rabble":

Elon Musk’s purchase of Twitter is a litmus test of where you stand in the online ecosystem. To some, it means a dawn of “free speech” on a platform that has increasingly cracked down on unwanted views. To others, it means the takeover of a valuable public forum by a capricious and unaccountable oligarch.

Triumphalism and horror abound, but both responses are a distraction. While it is difficult to predict exactly what Musk will do with Twitter (he has announced his intention to soften content moderation and make the algorithm open-source, but only time can tell on both), what his purchase represents is considerably clearer: it is a major flashpoint in the shift from a centralised culture of public elites to a more decentralised, chaotic, and devolved world.

In this context, debates about free speech and accountability miss the point. There was nowhere near this much panic when Jeff Bezos purchased the Washington Post in 2013. Nor, for that matter, do people worry about the fact that Warner Bros Discovery owns CNN or that Comcast owns MSNBC. So why all the hoopla about Musk?

There are two reasons for the excitement. The first is related to Musk himself: his perceived character and affiliations. Elite media and progressive circles tend to regard him as more dangerous than Jack Dorsey, Mark Zuckerberg, and Jeff Bezos not because he is richer or more powerful, but because he is more culturally aligned with various deplorables, from crypto-bros to MAGA-heads to Joe Rogan.

This perception helps to explain the fretting over Musk’s claim to be a “free speech absolutist”, which human rights groups have warned could usher in a torrent of online hate. But whether or not you think unrestricted free speech is a good thing, it is unlikely to be put into practice. There is widespread agreement that unmoderated public forums are completely unmanageable due to trolling and abuse, and any administrator of any social media platform will have to engage in some filtering or censoring. The worry is about what kinds of speech he will and won’t let through.

The second reason relates to Twitter’s tenuous role in preserving an established national elite in an age in which the very idea of such an elite is dying. Twitter has in recent years, just like the internet itself, bifurcated into two broad strata: a national “overculture” of elites — academic, celebrity, political, or journalistic — and a more shadowy, disparate “underculture” of often-pseudonymous hoi polloi, who increasingly define themselves in opposition to the traditional elites.

For many years now, the undercultures of Reddit, 4chan, and other online forums have made the idea of a respectable, professionalised online discourse more difficult to maintain. And the ability of the underculture to mobilise masses of anonymous users to push against the elevated voices of the overculture has shaken the established media culture to the bone.

This dynamic was on display last week in the conflict between Washington Post journalist Taylor Lorenz and the formerly anonymous Libs of TikTok Twitter account...

Keep reading.


A Tyranny of Moral Minorities

From Sultan Knish, at FrontPage Magazine, "When the will of 2% of the country is imposed on the other 98%":

When pilots and flight attendants announced the end of the mask mandate in-flight, most passengers cheered. Everyone except the media which claimed the masked were the victims.

Biden, in an unexpected moment of sanity, said, "it's up to them” whether people wear masks.

But since Biden has as much impact on the policy of his administration as the shoeshine guy at Union Station, the DOJ and the CDC have triggered a legal challenge to the federal court ruling.

Biden and the entire D.C. elite don’t like wearing masks. Most people don’t. Universal masking is mandated to accommodate a vocal minority, most of whom are not immunocompromised or otherwise especially vulnerable, but who still demand that everyone accommodate them.

This tyranny of minorities has long since come to define the Democrat coalition which knits together single-issue victimhood voters whose pet issue, whether it’s police shootings, green energy, racial justice, men pretending they’re women, or the right of teachers to sexually indoctrinate kindergartners against the wishes of their parents, must take precedence.

That is why the Biden administration will fight for an otherwise unpopular mask mandate.

Democrat political authority comes from the moral authority of defending oppressed minorities. The old Democrat party which asserted that it represented an oppressed majority being kept down by men of wealth has made way for a coalition of increasingly implausible minorities.

That’s the wide gap between the party of Jackson and of Obama. And it’s Obama’s party now.

Beyond the racial minorities of the civil rights movement, the moral minority consists of wealthy white elites, their sexual fetishes, cultural obsessions, and neurotic tics. Masking is just the latest neurotic tic that the decadent element that makes up its ruling base demands of all of us.

From police defunding to mandatory masking to men roleplaying as women, the outré demands are a minority even within the Democrat coalition. But the minority of minorities, by banding together, take something that only 2% of the country might want and turn it into something that the 31% of Americans who identify as Democrats are obligated to support on the party line.

And if the Democrats win, the will of the 2% is ruthlessly imposed on the 98%.

Each minority horse trades intersectional political acceptance for its cause in exchange for supporting everyone else’s causes. The black nationalists get slavery reparations and police defunding while the men who wear dresses get to be on the women’s swim team. Feminists get abortion until the last nanosecond of birth and environmentalists can have the EPA regulate backyard puddles. And wealthy hipster remote workers can make everyone wear masks.

Everyone gets what they want but the tradeoff is they all get even more things they don’t.

Fanatics and extremists are willing to make that tradeoff while terrorizing everyone else. The echo chamber of cancel culture is really a cooperative of crazies acting in concert to protect their own special privilege because they know perfectly well that in a healthy society and political culture their brand of insanity would never receive a hearing, let alone a mandate.

And they know that their best offense is by destroying norms to normalize their insanity.

The minority of minorities coalition forces Democrats to accept crazy premises and then to vocally defend them even when they don’t believe in them. Civil rights, once rooted in recognizable arguments about racial equality, has soured into esoteric culture wars. The simplicity of lunch counter sit-ins has given way, as it was always going to, to deconstructionist lists of grievances written by academic committees with their own specialized vocabularies.

Leftists still speak with the moral authority of victimhood even when they’re millionaires, but the moral language, once so clear and simple, pitting workers against bosses, black protesters against fire hoses, continues to be appropriated for every new incomprehensible cause.

Obama’s rise promised to revive the old moral assertions of civil rights for a new generation, instead he buried them under new layers of irony, postmodern exercises in egotistical empowerment, and deconstructionism, delighting the media while alienating Americans.

In the Biden era, the moral assertions weaponized for social media have become fumblingly ineffective. The Left declares that it must wield power in order to protect the power of corporations like Disney and the right of teachers to push sex ed to kindergartners. The remoteness of these causes from any classic paradigm of the oppressors and the oppressed reflects the distance that the Democrats have traveled from any notion of democracy.

The tyranny of minorities also ‘minoritizes’ morality into siloed causes that few can relate to.

Intersectionality labors to sell the various causes to those who have already bought into the coalition. The entertainment industry rushes to turn the incomprehensible trending mishmash of causes categorized as identity politics talking points into songs and shows to sway the public.

Morality requires universally agreed on values which moral minorities attack at every turn. The great effort to transform the existence of moral minorities into its own moral authority through intersectionality requires unsustainable amounts of messaging and outright intimidation. Cancel culture terrorizes people into not speaking or even thinking for fear they’ll run afoul of constantly changing codes that no one except their cultural oppressors can even keep track of.

Totalitarian states deploy mass propaganda like this either at the height of enthusiasm for their revolutions or at their insecure decline when everyone is starting to lose faith in the revolution. And it’s been a generation since even the faithful believe in the cause rather than the anti-cause characterized by a rotating cast of conservative hate objects in the media and social media.

The best evidence that the minority of minorities cause has become incomprehensible even to its adherents is the extent to which it relies on anti-cause outrages rather than a utopian vision.

What does the Biden administration stand for? What are MSNBC, Jon Stewart, and their cast of celebrity activists fighting for? Tellingly, the very title of Stewart’s failed new Apple TV show, The Problem with Jon Stewart, signaled this inability to articulate a positive vision of his politics.

A country faced with real problems has less patience for the moral narcissism of elites.

The tyranny of moral minorities uses an assembly line of victimhood to assert their right to absolute power, but both the causes and the problems have become alien to the crises, inflation, crime, and despair, that threaten to dominate the American body and soul.

The Old Left could have met economic crises with class warfare, but the Postmodern Left has lost any tenuous hold it ever had on economic issues. Even its familiar prescriptions of social welfare are centered around the preoccupations of its coalition with green energy nuttery, racial equity supremacy, and gender and transgender politics so that mere economics takes a backseat to what has become the far more exciting Marxism that puts identity over money.

How can you do class warfare when you’ve become a movement of billionaires whose supreme causes are electric cars that cost more than the average annual income, the sexual fetishes of wealthy men, and the fussiness of remote workers who don’t like being around other people?

It’s getting increasingly hard to disguise the fact that leftist revolutions aren’t about liberating the majority, but about enslaving it to the cultural obsessions of a tiny minority.

You can only dress up the tyranny of an upper class in oppressed drag for so long.

The moral minorities aren’t out to liberate anyone, including themselves, but to force everyone to use the words they want, to eat and dress like them, and to live like them.

There’s a leftist term for that, it isn’t revolution or liberation: it’s colonialism.

When 2% of the country gets to tell everyone else how to live, that’s true oppression.

Now their masks, literal and metaphorical, are coming off and they fear that more than anything else because power can simply be defined as a question of who has to accommodate whom?

In the sky or on the ground, in the classroom or the office, the answer is all too clear.

Israel Lives

 Emily Schrader, on Twitter.



Just Keep It Off My Timeline!

It's the great Freddie DeBoer, "This really gives the game away, if you think for five minutes"...

There are plenty of models for where this site is likely headed. I'm on those sites all day. I cover extremism and lies for a living. You're not gonna like it.

Nowadays “left” opposition to free speech in principle is more or less explicit, though not coherent. As I’ve documented before, a core dynamic in left-of-center American politics is the transition from “lol that’s not happening” to “lol of course that’s happening and it’s good.” Extreme social justice ideals from cultural studies departments were never going to spread outside of campus, you dumb idiot, and then they did, and suddenly they always knew that would happen and were in favor of it. Free speech is in the awkward zone in between, where lots of liberals will dutifully argue that they’re the ones fighting for free speech while many of their fellow travelers are insisting that free speech is an inherently reactionary concept. The cool thing now is to put free speech in sneer quotes, which ensures that other left-of-center people know you’re one of the good ones. It does not, I’m afraid, represent clarity about what they actually believe the correct perspective on speech should be.

Anyway, it’s important to remember that the original justification for left censorship was that they were only interested in getting rid of the really noxious stuff - literal fascism, literal white supremacy. You don’t want literal fascism on the internet, do you?? You know how that movie goes: what they consider literal fascism just grew over time, so that things that were perfectly common conservative positions 10 years ago now fall under that umbrella, and whatever simplicity and limitation that rule contained is gone. It’s led us to a place where discussing factually correct reporting on Hunter Biden was banned on social networks, as was criticizing Anthony Fauci, whose leadership is certainly questionable and who by admission has worked on horrific experiments on lab animals. Meanwhile, as Collins’s tweet here points out explicitly, the most noxious stuff still flourishes online.

So here’s the question, Ben: if you acknowledge that far-right sentiment flourishes on the internet in many places, what does keeping it off of Twitter accomplish? If the ideas and arguments and symbolism of fascism and white supremacy can be traded on the internet elsewhere, what are you preventing from getting more and more censorious on major social networks? Do you think people are going to go to Twitter to treat it like Stormfront, find themselves censored, and just give up? People like Collins believe that far-right sentiment is very prevalent and dangerous, that’s his job description. So in what world does a Twitter ban function as any sort of check on that? What’s the idea here?

Last year I wrote a piece making the simple point that heavyhanded attempts to censor extremism are bound to fail because the flow of information cannot be stopped in the digital era - that we can’t ban ideas, as a matter of fact, so there’s no matter of principle to discuss. Should we stop the free flow of ideas is a meaningless question because we can’t. France and Germany’s decades-old laws against far-right arguments and organizations have failed entirely to prevent extremism in those countries. Drug cartels communicate around the world effortlessly. When ISIS was being pursued by the entirety of the Western military and intelligence establishment, they still actively recruited. In English! They got white middle-class teenagers to fly to goddamn Syria to sign up! And you’re telling me that tweaking Twitter’s terms of service is going to eliminate the ideology that wasn’t ended by a war that killed 4% of the world’s population? What the fuck are we talking about here?

No, liberals and leftists are afraid of Elon Musk’s takeover of Twitter not because they think it will contribute to right-wing extremism, which exists and always has and always will but which is also far more marginal than they like to pretend. They’re afraid because Twitter is where they perform the personalities they lack in real life, where they act like the confident and clever people they patently aren’t, and where they pretend to do politics by telling the same terrible jokes, over and over, while the political “movement” they represent remains totally powerless and reviled. Twitter, in other words, is where they wage busy little PMC lives. And they’d prefer that space be pleasant for them. They have eliminated the existence of any contrary opinion in their personal lives and private lives, and now they want to do the same in Twitter, which as sad as it is to say is the center of their emotional lives. Which is why it’ll never stop at “the really bad stuff.” The things that liberals believe should be eliminated from social media have grown and grown as time has gone on, and will continue to grow. Eventually people will say that those who disagree with them about the correct size of the Earned Income Tax Deduction are literal fascists...

Still more.

 

Change at New York Times Book Review

A great piece, at the Nation, "The New York Times Book Review at a Crossroads."


COVID-19 Policies Wrecked Public School Enrollment and Student Outcomes

See Matt Welch, at Reason, "The kids never came back to big-city public schools, and now districts face budgetary 'Armageddon'."