This Is the Best Thing I’ve Read This Year

It appears that there are some women out there who are using dating apps to identify and report Capitol Hill insurrectionists.

The short version is that they change their political affiliation on the dating app, this story mentions Bumble, and when the guys start to brag to them, the screen shot the shit out of them, and then call the FBI: 

Women in Washington D.C. are taking matters into their own hands to obtain information on Capitol rioters.

After noticing an uptick in MAGA supporters on dating apps, women started wondering if the profiles could be useful to police.

“There are DOZENS of men on DC dating apps right now who were clearly here for the insurrection attempt,” Alia Awadallah tweeted. “Is that info useful at all for law enforcement?”

I know a friend of a friend who changed her preference on Bumble to Conservative. She’s matching with MAGA bros and they’re bragging and sending her pics and videos of them in the Capitol. She’s sending them to the FBI.

— Allison #FreeThemALL Norris (@allisonnorris) January 8, 2021

After multiple tweets about the “Bumble honeytrap” went viral, Bumble removed the politics filter in the United States to “prevent misuse.”

We have temporarily removed our politics filter in the U.S. to prevent misuse. Don’t worry; it will be reinstated in the future. 💛

— Bumble (@bumble) January 14, 2021

Because seditious racist dirt-bags and their racist sedition must be protected at all cost, because they are central to their business.

Internet apps have the ability to allow users’ personal bigotry with no liability to the platform.

That’s how it works with Uber, Lyft, AirBnB, and no, apparently, Bumble.

This May be the Worst Idea in Economics

There is a lot not to like about Economics.

It seems that most streams of economics appear to be a means for justifying the existing power structure, with the benefit being that economists are given (relatively) high positions within that power structures.

Political economist Blair Fix makes a good argument that modern Human Capital Theory, which resembles a toxic mix of Social Darwinism, and emerged largely from the University of Chicago.

The short version, to use Ayn Rand pulp fiction (and pulpier philosophy) as an example, the investor who pays scientists to create “Reardon Metal” is responsible for all the value derived from this wondrous material.

The scientist who creates this material adds no value, neither does the army of workers who labor to manufacture this material and forge it into shape.

If this sounds non-sensical, note how this is identical to the justification for paying obscene remuneration to founders and CEOs.

The little people just don’t mater:

If there was an award for the most pernicious scientific idea ever, what theory should get first prize? I would vote for eugenics, a theory that claims we can ‘improve’ humanity through selective breeding.

If there was a second prize, I’d give it to human capital theory. I think of human capital theory as ‘eugenics light’. It purges the idea that abilities are innate (and that we should selectively breed the ‘fit’). But human capital theory keeps the Nietzschean idea that humanity’s success can be attributed mostly to gifted übermensch.

Among us, human capital theory claims, walk individuals who are unfathomably productive. These übermensch produce more in an hour than most of us do in a week. Take just 1% of these top individuals, and you’ll find that they outproduce the bottom half of society!1 According to human capital theory, then, we could do away with half of society with no great loss to economic output. Of course, few human-capital theorists advocate such atrocities. But my point is that their theory contains the seeds of eugenics … even Nazism.

The ethical problems with eugenics and human capital theory are easy to spot. But what about the scientific problems? These are more difficult to tease out. Eugenics is based on the hard truth that many traits are heritable. Similarly, human capital theory is based on the reality that some people earn hundreds of times more income than others. Where both theories go wrong, however, is that they misunderstand humanity’s social nature.

Yes, many individual traits are heritable. But it is a fallacy that traits that are good for individuals are also good for society. That’s the core scientific flaw in eugenics. And yes, it’s true that some people earn far more than others. But it’s a fallacy that this income is caused by traits of the individual. In reality, income is a social trait.

My goal in this post is not to rigorously debunk human capital theory. (I’ve done that here.) Instead, I’m going to chart its rise and speculate about its eventual fall. I’ll do so by looking at the rise and fall of eugenics. What’s ominous is that the theory that debunks eugenics is today still more obscure than eugenics itself. In a century, will something similar hold for the theory that debunks the idea of human capital?

He then compares this to experiments in animal and human eugenics:

In the 1990s, geneticist William Muir conducted experiments on chickens to see what would improve egg-laying productivity. In one trial, he did exactly what the eugenicists recommend — he let only the most productive hens reproduce. The results were disastrous. Egg-laying productivity didn’t increase. It plummeted. Why? Because the resulting breed of hens was psychopathic. Instead of producing eggs, these ‘uber-hens’ fought amongst themselves, sometimes to the death.

The reason this experiment didn’t work is that egg-laying productivity is not an isolated property of the individual hen. It is a joint property of the hen and her social environment. In Muir’s experiment, the most productive hens laid more eggs not because they were innately more productive, but because they suppressed the productivity of less dominant chickens. By selecting for individual productivity, Muir had inadvertently bred for social dominance. The result was a breed of bully chicken that couldn’t tolerate others.

The lesson here is that in social animals, traits that can be measured among individuals (like productivity) may not actually be traits of the individual. Instead, they are joint traits of both the individual and their social environment. Here’s evolutionary biologist David Sloan Wilson reflecting on this fact:

Muir’s experiments … challenge what it means for a trait to be regarded as an individual trait. If by “individual trait” we mean a trait that can be measured in an individual, then egg productivity in hens qualifies. You just count the number of eggs that emerge from the hind end of a hen. If by “individual trait” we mean the process that resulted in the trait, then egg productivity in hens does not qualify. Instead, it is a social trait that depends not only on the properties of the individual hen but also on the properties of the hen’s social environment.

—(David Sloan Wilson in When the Strong Outbreed the Weak)

A key problem with eugenics is that it neglects the social nature of human traits. It assumes that productivity is an innate trait of the individual, and that breeding for this trait would lead to a better society. It’s a seductive idea that is deeply flawed. In all likelihood, selectively breeding people for productivity would, like chickens, lead to a psychopathic strain of human.

This sounds a lot like the sociopaths who are in the top 1% of the 1%, doesn’t it? 

Jamie Dimon seems to be the apotheosis of such a process. doesn’t he?

The ground work for human capital theory was laid just as eugenics fell out of favor. In the 1950s, economists at the University of Chicago tackled the question of individual income. Why do some people earn more than others? The explanation that these economists settled on was that income resulted from productivity. So a CEO who earns hundreds of times more than a janitor does so for a simple reason: the CEO contributes far more to society.

The claim that income stems from productivity was not new. It dated back to the 19th-century work of John Bates Clark and Philip Wicksteed, founders of the neoclassical theory of marginal productivity.3 Clark and Wicksteed, though, were concerned only with the income of social classes. What the Chicago-school economists did was expand productivist theory to individuals.

  Doing so required inventing a new form of capital. The idea was that individuals’ skills and abilities actually constituted a stock of capital — human capital. This stock made individuals more productive, and hence, earn more income. Figure 3 shows key papers that initiated human capital theory.

………

The idea that skills constituted ‘human capital’ was initially greeted with skepticism. For one thing, the term itself smacked of slavery. (Capital is property, so ‘human capital’ implies human property.) For another, human capital theory overtly justified inequality. It implied that no matter how fat their incomes, the rich always earned what they produced. Any attempt (by the government) to redistribute income would therefore ‘distort’ the natural order. During the 1950s and 1960s, there was little tolerance for such views. It was the era of welfare-state expansion, driven by Keynesian-style thinking. Yes, big government may have been ‘distorting’ the free market — but society seemed all the better for it.

………

We can see the scientific flaws by returning to William Muir’s chicken experiment. I’ve already told you about his psychopathic chickens, created by breeding the most productive hens. But I haven’t told you about his alternative trial. In it, he bred the most productive group of chickens. The result was an astonishing increase in egg-laying productivity.

The reason this group selection worked is that chickens are social animals. That means productivity is influenced by the social environment. By selecting productive groups, Muir selected for egg-laying ability, but also for sociality. The resulting social hens flourished together.

Something similar holds true for humans. The abilities of individuals cannot be separated from the social environment in which they occur. For this reason, any selective breeding based on individual traits is likely to have unintended consequences. If Muir’s chicken experiment is any indication, breeding übermensch wouldn’t create an uber-productive society. It would create a psychopathic one.

The reason comes down to the unit of selection. As social animals, humans have been strongly shaped by the selection of groups. This group selection has tended to suppress selfish tendencies that are otherwise beneficial for individuals.

The bottom line is this:

Human capital theory supposes that income stems from productivity, and that this productivity is an isolated trait of the individual. This thinking, when taken to the extreme, is ludicrous. It implies that an Egyptian Pharaoh was thousands of times more productive than his slaves. Moreover, because this productivity was embodied in the Pharaoh, he could do away with his slaves and still retain his wealth. It gets worse. According to the logic of human capital theory, the Pharaoh’s slaves were actually a burden on the kingdom’s per capita productivity. If the Pharaoh exterminated them, per capita productivity would skyrocket.

Idiocy.

We are run by a bunch of psychopathic hens.

Well, psycho chickens makes a fuck-load more sense than that whole QAnon lizard people thing.

Pass the Popcorn

Given that Trump has less than 48 hours left in office, I find that NY prosecutors are talking with Michael Cohen about possible tax evasion and fraud, and Atlanta prosecutors appear to be moving toward an investigation toward a Trump prosecution on election meddling, to be amusing and satisfying.

I really hope that Trump goes to jail and is reduced to penury:

New York prosecutors conducted an hours-long interview on Thursday with Michael Cohen, Donald Trump’s former attorney, asking a range of questions about the president’s business dealings, according to three people familiar with the meeting.

The interview focused in part on Trump’s relationship with Deutsche Bank, his biggest and longest-standing creditor, according to the people, who spoke on condition of anonymity.

The interview, at least the second with Cohen by the Manhattan district attorney, comes amid a long-running grand jury investigation into Trump’s business dealings.

………

The Republican president also faces a civil investigation, led by the New York attorney general, Letitia James, a Democrat, into whether his company lied about the value of its assets to get loans or tax benefits.

Cohen is cooperating with that inquiry too. He previously told Congress Trump often inflated the value of his assets when dealing with lenders or potential partners, but deflated them when it benefited him for tax purposes.

………

Cohen, serving the remainder of a federal prison sentence on home confinement, has been asked by investigators to examine Trump Organization documents and provide other details about its corporate structure, the people familiar with the matter said.

Cohen pleaded guilty to evading taxes, lying to Congress and facilitating campaign finance crimes.

Deutsche Bank continued to do business with Trump even after he defaulted in 2008 on a loan for his Chicago hotel and condo development and sued the bank and others he blamed for his inability to repay.

But Deutsche Bank’s private banking division continued to lend to Trump, including $125m to finance the purchase and renovation of his Doral golf resort in 2012, according to previous disclosures.

And as to Atlanta prosecutors: 

Prosecutors in Georgia appear increasingly likely to open a criminal investigation of President Trump over his attempts to overturn the results of the state’s 2020 election, an inquiry into offenses that would be beyond his federal pardon power.

The new Fulton County district attorney, Fani Willis, is already weighing whether to proceed, and among the options she is considering is the hiring of a special assistant from outside to oversee the investigation, according to people familiar with her office’s deliberations.

At the same time, David Worley, the lone Democrat on Georgia’s five-member election board, said this week that he would ask the board to make a referral to the Fulton County district attorney by next month. Among the matters he will ask prosecutors to investigate is a phone call Mr. Trump made in which he pressured Georgia’s secretary of state to overturn the state’s election results.

Jeff DiSantis, a district attorney spokesman, said the office had not taken any action to hire outside counsel and declined to comment further on the case.

Some veteran Georgia prosecutors said they believed Mr. Trump had clearly violated state law.

I am really hoping that we see some prosecutions and convictions, but I fear that this will be yet another case of getting off using the “affluenza” defense.

Why I Don’t Think That Biden Will Reign in Big Tech


Notice How Many People Started in the Obama Admin

Year over year Google to Admin

The revolving door between big tech and the Obama administration spun so fast that it created a shock wave during the Obama administration, and Biden is heavily relying on old Obama hands.

The corruption and hypocrisy of the Obama administration is likely to be carried forward into a Biden administration.

Notice the important thing here, a shit load more people went to Google for the FIRST time after serving in the Obama administration, meaning that they received a delayed payoff for being friendly to the tech giant’s needs.

These people will not produce meaningful regulation.  

They will serve their real master:

The Google Transparency Project has so fari identified 258 instances of “revolving door” activity (involving 251 individuals) between Googleii or related firms, and the federal government, national political campaigns and Congress during President Obama’s time in office.

That included:

  • 53 revolving door moves between Google and the White House. Those involved 22 former White House officials who left the administration to work for Google, and 31 Google executives (or from Google’s main outside firms) who joined the White House, or were appointed to federal advisory boards.
  • 28 revolving door moves between Google and government positions involving national security, intelligence or the Department of Defense. Seven former national security and intelligence officials and 18 Pentagon officials moved to Google; while three Google executives moved to DoD.
  • 23 revolving door moves between Google and the State Department during the Obama administration. Eighteen former State Department officials joined Google, while five Google officials took up senior posts at the State Department.
  • 9 moves between Google and its outside lobbying firms and the Federal Communications Commission, which handles a growing number of regulatory matters with a major impact on the company’s bottom line.

The analysis included Google affiliates such as YouTube, related firms like Civis Analytics (whose sole investor is Eric Schmidt), as well as key law firms and lobbyists representing Google. [Click here for a detailed description of how we conducted our analysis]

Google has hired from throughout the top echelons of the policymaking world in Washington, including high-level White House officials. It also enjoys the benefit of having former executives moving into top positions in the administration that set policy on issues crucial to the company. Those include the Chief Technology Officer, a former Google executive, and key slots at the Office of Science and Technology Policy (OSTP). Former Googlers also occupy key positions at the National Economic Council and the U.S. Digital Service, a part of the Executive Office of the President.

The company has strategically hired from government agencies that have the greatest impact on its business, like the Federal Communications Commission and Federal Trade Commission. Google, or its main law firms, have hired several people from the Federal Trade Commission, an agency that has conducted investigations into the company’s conduct on privacy and antitrust grounds.

Specific cases can be found if you go to the link and scroll down.  It is a veritable rogues gallery of influence peddling. 

This does not indict the Obama administration specifically as much as it does business as usual in Washington, DC.

It is unsustainable.

Consider the Source

The International Monetary Fund, which has never found an austerity program it didn’t like, and has consistently argued for the emasculation of worker rights, has just issued a report saying that workers rights must be restored in the US.

Seriously, this is not something that I expected from this organization.

The IMF has been on the side of the banks and the oligarchs since its inception:

Systematic erosion of workers’ power relative to their employers has suppressed US wages

Politicians in both US political parties now acknowledge wage stagnation and have adopted narratives claiming that “the system is rigged.” Some focus on the number of immigrants and on what they see as unfair trade with China. Others focus on monopolies charging higher prices and reaping huge profits. There is, however, no agreement on what, and who, rigged the system.

In fact, as my new paper with colleagues Josh Bivens and Heidi Shierholz, “Explaining Wage Suppression” shows, wages have been kept low in the United States because workers have been systematically disempowered as a result of corporate practices and economic policies that were adopted—or reforms that were blocked—at the behest of business and the wealthy. This lack of worker power has caused wage suppression, increased wage inequality, and exacerbated racial disparities. The specific mechanisms behind this shift in power are excessive unemployment, globalization, eroded labor standards and their lack of enforcement, weakened collective bargaining, and corporate structure changes that disadvantage workers. To reestablish patterns of growth that benefit the vast majority requires new policies that center on rebuilding worker power.

Coming from someone like me, this would be considered pinko ranting, but from the IMF, even publishing this paper represents a shift.

 

Today in Political Weirdness

Blue Demon Jr., the “adopted son” of the legendary luchador Blue Demon, is running for mayor of the Mexico City municipality of Gustavo A. Madero (GAM) as a progressive. He is anonymous, and says he will only reveal his identity to authorities if he wins https://t.co/i93MJ3dfWm

— Populism Updates (@PopulismUpdates) January 18, 2021

This is actually kind of reassuring.

It shows that the USA is not alone in the mishugas.

When a Prank Goes Awry


Trippy

A coupole of podcasters decided that it would be fun to put an OAN tags on their microphones, and do interviews of people who they would later mock.

Instead, they found themselves in the middle of a violent lynch mob: 

Vloggers Walter Masterson and J.P. Scattini went undercover at the StopTheSteal rally to make what they thought was a comedy video, but it soon turned far darker and scarier in real time.

They put an OAN marker on their microphone, donned a Trump flag, Trump hats and flag masks, and started interviewing people. It didn’t take them long to realize they were on the edge of an angry, misinformed mob. By the time that mob had broken into the Capitol, they realized this was no ordinary rally, there wasn’t anything funny about it, and they needed to get the hell out of there.

They started off doing Borat, and they finished up doing Marie Catherine Colvin.

A Terrorist and His Mommy Arrested

Remember this guy?

It turns out that  the only way he was allowed to go out and play with his friends was if his mommy came along. 

Man, this is lame:

A mother-son duo who wielded flex cuffs at the Capitol on Jan. 6 — and openly talked of a violent revolution — are facing conspiracy charges related to the assault on Congress last week, with the FBI describing a plot that may include others “known and unknown” to federal authorities.

In a Saturday legal filing, the FBI indicated that Eric Munchel — who was seen masked and wielding the plastic cuffs inside the Senate chamber in a now widely circulated image — and his mother Lisa Eisenhart would face charges of conspiracy for their efforts to disrupt lawmakers’ efforts to certify the presidential election.

Munchel and Eisenhart are facing charges of “knowingly and willfully conspiring with persons known and unknown” to impede law enforcement, unlawfully entering a restricted building and violently forcing their way into the halls of Congress.

Munchel had been apprehended earlier in the week, but Eisenhart was arrested Saturday in Tennessee and the charges updated to include conspiracy.

………

Although Munchel was masked in the Senate image, the FBI relied on open-source information and distinct patches and symbols on his clothing, as well as surveillance footage and other video shot at the hotel where the pair were staying to identify them. They have since searched Munchel’s home and discovered the items seen in the Capitol picture, including “distinctive black in color Black Rifle Coffee Company hat with American flag and rifle logo, black boots, black camouflaged pants and shirt, and black tactical vest with patches to one of a Punisher logo.

It is reassuring that these losers’ operation security is so unbelievably poor.

I Am Amused

A few days back, I offered a thoroughly insincere Thoughts and Prayers to the National Rifle Association over the revelations of fraud and self dealing, and their hypocritical attempts to dodge accountability via bankruptcy and relocating their incorporation location.

Now,  a major NRA donor will be filing a lawsuit to prevent the discharge of the debts, because debts incurred by criminal action (in this case fraud) are not subject to relief:

A major donor to the National Rifle Association is poised to challenge key aspects of the gun group’s bankruptcy filing, in an attempt to hold executives accountable for allegedly having defrauded their members of millions of dollars to support their own lavish lifestyles.

Dave Dell’Aquila, a former tech company boss who has donated more than $100,000 to the NRA, told the Guardian on Saturday he was preparing to lodge a complaint in US bankruptcy court in Dallas, Texas. If successful, it could stop top NRA executives discharging a substantial portion of the organisation’s debts.

It could also stop Wayne LaPierre, the NRA’s controversial longtime chief executive, avoiding ongoing lawsuits that allege he defrauded the pro-gun group’s members to pay for luxury travel to the Bahamas and Europe and high-end Zegna suits.

………

Dell’Aquila’s complaint, likely to be brought within the next few weeks, would use a provision of the bankruptcy code to prevent the NRA from sidestepping more than $60m of debt on grounds it was improperly incurred. The law stipulates that debts acquired through malfeasance can be deemed by the court to be an exception to bankruptcy arrangements.

Speaking from his home in Nashville, Tennessee, Dell’Aquila said: “We intend to invoke this provision. We are going to ask the judge to determine that our claim was incurred as a result of fraud and should be deemed non-dischargeable.”

The NRA declared bankruptcy in the Dallas court on Friday. The organization also said it would be relocating from New York, where it was founded in 1871, to Texas.

I’m hoping that LaPierre gets reduced to penury over this.

In addition to being an extremist who foments violence, he’s a crook.

Who Cares, There is Money to Be Made


US System


Russian Kinzhal

A new report suggests that hypersonic weapons do not add any meaningful military capabilities. (Original paper)

This is not a surprise.

The Skybolt air launched ballistic missile showed how a conventional missile can achieve what they are attempting now in the 1960s,  the Pershing II missile demonstrated a maneuverable reentry vehicle and reached deployment in the 1980s.

This does not matter. 

The defense contractors get their vig, and retired generals get their comfortable sinecures, so it’s good for everyone ……… except the taxpayer, and the people who are told that there is no money to supply a basic social safety net:

Military experts call hypersonic warheads the next big thing in intercontinental warfare. They see the emerging arms, which can deliver nuclear or conventional munitions, as zipping along at up to five miles a second while zigzagging through the atmosphere to outwit early-warning satellites and some interceptors. The superfast weapons, experts say, lend themselves to surprise attacks.

………

Now, independent experts have studied the technical performance of the planned weapon and concluded that its advertised features are more illusory than real. Their analysis is to be published this week in Science & Global Security.

In an interview, David Wright, a physicist at the Massachusetts Institute of Technology and an author of the new analysis, called the superweapon a mirage.

“There’re lots of claims and not many numbers,” he said. “If you put in the numbers, you find that the claims are nonsense.”

Military officials called the paper insubstantial, saying it was based on outdated data. But they declined to disclose new findings.

“Due to the classified nature of hypersonics technologies, we are not at liberty to publicly discuss current capabilities,” Jared Adams, chief spokesman for the Defense Advanced Research Projects Agency, or Darpa, said in an email.

Of course they are.  They want their money. 

Claiming that it’s sooper sekrit knowledge has been a dodge used by the military-industrial complex since Truman was in the White House.

………

By definition, hypersonic vehicles fly at more than five times the speed of sound — or up to dozens of times faster than jetliners. The warheads rise into space atop a traditional long-range missile but then descend quickly into the atmosphere to bank, careen and otherwise maneuver. They’re basically stubby gliders. The curved upper surfaces of their wedge-shaped bodies give them some of the lifting power of an airplane wing.

Dr. Wright and Dr. Tracy based their analysis on the Hypersonic Technology Vehicle 2 — an experimental warhead developed by the Air Force and Darpa. Their findings, they say, also apply to other American prototypes, as well as devices being developed by China, Russia and other countries.

The computer simulations drew on the physics of moving bodies and public disclosures about the Hypersonic Technology Vehicle 2 in order to model its most plausible flight paths. The team zeroed in on signature phases of hypersonic flight — when the vehicle zooms through the atmosphere and then plunges to hit a target.

The two experts say their computer modeling fills in public gaps on the weapon’s overall performance as well as its potential interactions with existing military systems for detecting and defeating weapons launched from distant sites.

In their paper, they see the weapon as essentially failing to outwit early-warning satellites and interceptors. For instance, current generations of space-based sensors, they report, will be able to track the weapon’s fiery twists and turns during most of its flight through the atmosphere.

And surprisingly, given the weapon’s speedy reputation, they say their analysis shows it will fly intercontinental distances more slowly than ballistic missiles and warheads fired on low flight paths known as depressed trajectories. In war, such tactics are seen as a good way for attackers to evade interceptors and lessen warning time.

Dr. Wright and Dr. Tracy conclude that the envisioned new weapon is, at best, “evolutionary — not revolutionary.”

Note that their criticisms are based on some pretty elementary physics, specifically that the lift/drag ratios of hyper-sonic bodies are pretty pathetic.

The Russian Systems, like the Kinzhal, and Chinese systems like the DF-21, are not the wedge shaped lifting bodies, they are simply missiles with improved guidance systems allowing for improved targeting and evasion of defenses.

What’s more, they are already in service in limited numbers.

The US system is more complex, more technically challenging, and doesn’t gain a whole bunch more.

Once again, the US is pursuing “dominance” at an unsustainable cost and a time frame of decades.

To quote Ike, “Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed.”

Because ……… Of Course They Are

Have you heard the one about Facebook showing ads for military gear next to posts calling for an insurrection?

Nope, this is not a joke. 

Zuckerberg’s Horror is actually doing this.

The employees have flagged this since the lynch mob stormed the Capitol, and Facebook has done ……… Nothing:

Facebook has been running ads for body armor, gun holsters, and other military equipment next to content promoting election misinformation and news about the attempted coup at the US Capitol, despite internal warnings from concerned employees.

In the aftermath of an attempted insurrection by President Donald Trump’s supporters last week at the US Capitol building, Facebook has served up ads for defense products to accounts that follow extremist content, according to the Tech Transparency Project, a nonprofit watchdog group. Those ads — which include New Year’s specials for specialized body armor plates, rifle enhancements, and shooting targets — were all delivered to a TTP Facebook account used to monitor right-wing content that could incite violence.

Beginning last summer, the Mark Zuckerberg–led company banned pages, groups, and accounts belonging to US-based militant groups, “boogaloo” extremists, and those associated with the QAnon mass delusion. But members of those movements quickly found ways around the company’s policies by renaming their pages or using code names. They continue to proliferate, organize, and advertise on the social network.

These ads for tactical gear, which were flagged internally by employees as potentially problematic, show Facebook has been profiting from content that amplifies political and cultural discord in the US.

In related news, water is wet.

I don’t know how you regulate this sort of crap, but if there is a potential to profit from extremism, Facebook will be there.

Well, Shit (It’s Bank Failure Friday!!! )

 Do you know that I did not expect to see?

Two credit union failures in the first two full weeks of the year.

Today, the Indianapolis’ Newspaper Federal Credit Union of Indianapolis, IN was placed under conservatorship.

An article at American Banker says that they were shut down for, “Unsafe and unsound practices at Indianapolis’ Newspaper FCU,” though no specifics are given. 

It does look like they were attempting something rather speculative, and ultimately unsuccessful, over the past 12 months though.

Announcing the Obvious

The U.S. Cybersecurity and Infrastructure Security Agency has offered guidance to all Federal agencies suggesting that they install ad-blocking software, because it is a gaping security hole.

This revelation, and $6.95, will get you a small Starbucks decaf pour-over:

The U.S. Cybersecurity and Infrastructure Security Agency urged federal agencies on Thursday to deploy ad-blocking software and standardize web browser usage across their workforces in order to fend off advertisements implanted with malware.

“With many agencies greatly expanding telework options, agencies should increase attention on securing federal endpoints, including associated web browsing capabilities,” the Department of Homeland Security’s cyber arm said in a guide for agencies.

With the alert, CISA joins the National Security Agency, which in 2018 likewise urged agencies to adopt ad blockers in response to the threat from “malvertising” that can spread malware.

………

“Some browser extensions are known to accept payment from advertisers to ensure their ads are allowlisted from blocking,” the agency said, citing concerns that Sen. Ron Wyden, D-Ore. raised last year to the Federal Trade Commission.

Wyden nonetheless had urged the White House to use ad blockers, citing at least one media report of Russia using seemingly innocuous advertisements to target a state election agency.

The entire online ad space can be described as a toxic mix of fraud and security exploits. 

As I am writing about online ads, my standard disclaimer on any post about the aforementioned service applies:

Also, please note, this should be in no way construed as an inducement or a request for my reader(s) to click on any ad that they would not otherwise be inclined to investigate further. This would be a violation of the terms of service for Google™ Adsense™.

Thoughts and Prayers

In a transparent attempt to leave the jurisdiction of the great state of New York, the National Rifle Association has declared bankruptcy, and announced its intention to move to Texas. 

That is a horrible thing to do to Texas: (And I want to give Texas back to Mexico)

Seeking an end-run around an investigation by the New York attorney general, the National Rifle Association said Friday that it was declaring bankruptcy and would reincorporate in Texas. The gun group was set up in New York after the Civil War.

The group’s effort to circumvent New York’s legal jurisdiction raised immediate questions from Letitia James, the New York attorney general and a Democrat, who is seeking to use her regulatory authority to dissolve the N.R.A. She has been conducting an investigation into corruption at the gun group since 2019.

“The N.R.A.’s claimed financial status has finally met its moral status: bankrupt,” Ms. James said in a statement Friday. “While we review this filing, we will not allow the N.R.A. to use this or any other tactic to evade accountability and my office’s oversight.”

………

Typically, nonprofit groups that are chartered in New York and under investigation are prohibited from relocating their assets during an inquiry; in recent years, the attorney general’s office prevented the Trump Foundation from closing before it had reached the conclusion of an investigation into that organization.

The bankruptcy filing is likely to halt legal proceedings in the attorney general’s case while the matter is litigated in bankruptcy court.

………

The N.R.A. and a subsidiary filed Chapter 11 petitions in the United States Bankruptcy Court in Dallas. It reported between $100 million and $500 million in assets and the same amount in liabilities, with aggregate non-contingent liquidated debts, excluding those owed to insiders or affiliates, of less than $2,725,625.

………

The N.R.A. has weathered years of revelations about its spending and oversight practices, including hundreds of thousands of dollars spent on Mr. LaPierre’s Zegna suits and far-flung travel to places like the Bahamas, Palm Beach, Reno and Italy’s Lake Como. The group even once explored buying a $6 million mansion in a Dallas-area gated community for his use. Last August, Ms. James, whose office has jurisdiction over New York charities, sued the N.R.A., seeking its closure along with tens of millions of dollars in restitution from Mr. LaPierre and three other executives.

………

The N.R.A. almost immediately filed suit in federal lawsuit against Ms. James’s office, claiming her action was politically motivated and violated the organization’s First Amendment rights. But the group conceded in recent tax filings that Mr. LaPierre and other executives had received hundreds of thousands of dollars’ worth of improper benefits from the group, which were reimbursed.

“The N.R.A. cannot be allowed to declare bankruptcy to try to escape potential criminal and civil accountability in New York,” said Kris Brown, president of the Brady Campaign, a gun control group. “The N.R.A. can run, but they can’t hide, and their days are numbered. No organization is above the law.”

So one would hope.

Remember when we made bankruptcy tougher for ordinary people in the early 2000s because getting cancer is no excuse?

Maybe we should make bankruptcies tougher for corporations, hedge funds, derivatives and charities as well. 

They seem to be the ones abusing the code.

The Good,

Gary Gensler, who surprised everyone when he was appointed by Obama as the head of the  Commodity Futures Trading Commission (CFTC) and then aggressively pushed for regulation and investigations of fraud, is Biden’s choice to head the Securities and Exchange Commission (SEC).  

Word is that Wall Street is crapping their pants over this choice:

Gary Gensler will be named chair of the U.S. Securities and Exchange Commission (SEC) by President-elect Joe Biden, said two sources familiar with the matter, an appointment likely to prompt concern among Wall Street firms of tougher regulation.

Gensler was chair of the Commodity Futures Trading Commission (CFTC) from 2009 to 2014, and since November has led Biden’s transition planning for financial industry oversight.

His appointment as the country’s top securities regulator is expected to put an end to the four years of rule-easing that Wall Street banks, brokers, funds and public companies have enjoyed under President Donald Trump’s SEC chair Jay Clayton.

At the CFTC, Gensler implemented dramatic new swaps trading rules mandated by Congress following the 2007-2009 financial crisis, developing a reputation as a hard-nosed operator willing to stand up to powerful Wall Street interests.

A former Goldman Sachs banker and a professor at MIT Sloan School of Management, Gensler also oversaw the prosecution of big investment banks for rigging Libor, the benchmark for trillions of dollars in lending worldwide.

When he came into the CFTC, it was assumed that he would be yet another corporate stooge.

Instead he was a pleasant surprise in an administration that was largely defined by corporate stooges.

The Bad,

Samantha Power has been picked by Biden to head USAID. 

Power is a bloody lunatic, who is almost as prone to demand the use of military force as the late and unlamented John McCain.

The is a warmonger of the highest order, and given that USAID is frequently used as a cutout to support regime change activities by the US State Security Apparatus, this is not good.

Former UN Ambassador Samantha Power, (in)famous for her screaming duels over Syria with late Russian envoy Vitaly Churkin, was picked by Joe Biden to head the US Agency for International Development (USAID) in his administration.

Though her appointment was rumored in Washington for weeks, Biden’s transition team officially confirmed it on Wednesday. Power is best known for her “humanitarian” interventionism advocacy. As an aide at the Obama White House, she championed US intervention in Syria and Libya – where US-backed Islamist militants sought to overthrow secular governments – in the name of stopping “genocide.”

Let us not forget that the intervention that she forcefully championed in Libya has led to the return of open air slave markets, and Syria………

And The Ugly

That would be Victoria “Fuck the EU” Nuland, whose pathological hatred of the Russians is largely responsible for the Ukraine the mess it is today.  (War, Fascism, Corruption, the deification of Nazi Sympathizers, etc.), who has been picked by Biden to be the Undersecretary of State for Political Affairs

This is a remarkably bad idea, if just because she was the prime mover behind the Ukrainian coup, which closely mirrors what happened at the Capitol on January 7: 

Who is Victoria Nuland? Most Americans have never heard of her because the U.S. corporate media’s foreign policy coverage is a wasteland. Most Americans have no idea that President-elect Biden’s pick for Deputy Secretary of State for Political Affairs is stuck in the quicksand of 1950s U.S.-Russia Cold War politics and dreams of continued NATO expansion, an arms race on steroids and further encirclement of Russia.

Nor do they know that from 2003-2005, during the hostile U.S. military occupation of Iraq, Nuland was a foreign policy advisor to Dick Cheney, the Darth Vader of the Bush administration.

You can bet, however, that the people of Ukraine have heard of neocon Nuland. Many have even heard the leaked four-minute audio of her saying “Fuck the EU” during a 2014 phone call with the U.S. Ambassador to Ukraine, Geoffrey Pyatt.

During the infamous call on which Nuland and Pyatt plotted to replace the elected Ukrainian President Victor Yanukovych, Nuland expressed her not-so-diplomatic disgust with the European Union for grooming former heavyweight boxer and austerity champ Vitali Klitschko instead of U.S. puppet and NATO booklicker Artseniy Yatseniuk to replace Russia-friendly Yanukovych.

………

Despite outrage from German Chancellor Angela Markel, no one fired Nuland, but her potty mouth upstaged the more serious story: the U.S. plot to overthrow Ukraine’s elected government and America’s responsibility for a civil war that has killed at least 13,000 people and left Ukraine the poorest country in Europe.

In the process, Nuland, her husband Robert Kagan, the co-founder of The Project for a New American Century, and their neocon cronies succeeded in sending U.S.-Russian relations into a dangerous downward spiral from which they have yet to recover.

Nuland accomplished this from a relatively junior position as Assistant Secretary of State for European and Eurasian Affairs. How much more trouble could she stir up as the # 3 official at Biden’s State Department? We’ll find out soon enough, if the Senate confirms her nomination.

………

The neocons’ coup de grace against Obama’s better angels was Nuland’s 2014 coup in debt-ridden Ukraine, a strategic candidate for NATO membership right on Russia’s border.

………

The muscle for Nuland’s $5 billion coup was Oleh Tyahnybok’s neo-Nazi Svoboda Party and the shadowy new Right Sector militia. During her leaked phone call, Nuland referred to Tyahnybok as one of the “big three” opposition leaders on the outside who could help the U.S.-backed Prime Minister Yatsenyuk on the inside. This is the same Tyanhnybok who once delivered a speech applauding Ukrainians for fighting Jews and “other scum” during World War II.

After protests in Kiev’s Euromaidan square turned into battles with police in February 2014, Yanukovych and the Western-backed opposition signed an agreement brokered by France, Germany and Poland to form a national unity government and hold new elections by the end of the year.

But that was not good enough for the neo-Nazis and extreme right-wing forces the U.S. had helped to unleash. A violent mob led by the Right Sector militia marched on and invaded the parliament building, a scene no longer difficult for Americans to imagine. Yanukovych and his members of parliament fled for their lives.

………
 
Nuland’s militaristic worldview represents exactly the folly the U.S. has been pursuing since the 1990s under the influence of the neocons and “liberal interventionists,” which has resulted in a systematic underinvestment in the American people while escalating tensions with Russia, China, Iran and other countries.

Nuland is a complete horror show, and she should be kept as far as possible from the reins of power as possible.

She is a disaster waiting to happen.

The Velocity of a Dead Cat at the Apex

Initial jobless came out today, and it was pretty fucking awful, with jobless claims rising by 181,000 to 965,000 initial claims.

The stimulus has run its course, and the dead cat bounce has begun its downward path:

The number of workers filing for jobless benefits posted its biggest weekly gain since the pandemic hit last March and the head of the Federal Reserve warned the job market had a long way to go before it is strong again.

Applications for unemployment claims, a proxy for layoffs, rose by 181,000 to 965,000 last week, the Labor Department said Thursday, reflecting rising layoffs amid a winter surge in coronavirus cases.

The total for the week ended Jan. 9 also was the highest in nearly five months and put claims well above the roughly 800,000 a week they had averaged in recent months.

………

The U.S. labor-market recovery stalled last month with the December jobs report showing the U.S. lost 140,000 payroll positions. The economic recovery’s slowdown has included weakness in household spending, though economists expect the economy to rebound later this year as a Covid-19 vaccine is distributed through the population.

But the increase in unemployment claims is another sign that the economic recovery is, at least for now, sputtering, as Covid-19 infections hit record levels nationwide.

On a political note, this is a pretty good indication as to what a bad idea it is to play nice with Republicans over a stimulus package.

They are philosophically opposed to fixing this, and they are politically inclined to focus exclusively on taking down a Democratic President.

When you are being chased by wolves, don’t stop to bake them a cake.

Yet Another Impeachable Offense

In the sort of thing that you know woule not happen without Trump’s specific authorization, the White House liaison to the Department of Justice Requested compromising information against Trump rape accuser E Jean Carroll. 

This is illegal as hell:

The White House liaison to the Department of Justice (DoJ), Heidi Stirrup, sought out derogatory information late last year from a senior justice department official regarding a woman who alleges she was raped by Donald Trump, according to the person from whom Stirrup directly sought the information.

The revelation raises the prospect that allies of the US president were directly pressing the justice department to try to dig up potentially damaging information on a woman who had accused Trump of sexually attacking her.

E Jean Carroll, a journalist and advice columnist, sued Trump in November 2019, alleging he had defamed her when he denied her account of having been raped by him. Carroll alleges Trump sexually assaulted her in a dressing room in Bergdorf Goodman, a high-end Manhattan department store, in either late 1995 or early 1996.

………

Stirrup apparently believed the justice department had information that might aid the president’s legal defense in the suit. The attorney who Stirrup sought information from regarding Carroll said that Stirrup approached them not long after a judge had ruled the justice department could not take over Trump’s defense.

Stirrup asked if the department had uncovered any derogatory information about Carroll that they might share with her or the president’s private counsel. Stirrup also suggested that she could serve as a conduit between the department and individuals close to the president or his private legal team.

Stirrup also asked the official whether the justice department had any information that Carroll or anyone on her legal team had links with the Democratic party or partisan activists, who might have put her up to falsely accusing the president.

Just in case you are wondering, it is NOT Ok for the White house to demand that the Department of Justice do opposition research on someone who has filed a private lawsuit against the President.

The DoJ banned Stirrup from the building after this, which, considering the fact that William Barr was Trump “Fluffer in Chief” at the time, indicates just how far beyond the pale this request was.

This needs to be investigated and someone needs to face consequences for this act.

Tweet of the Day

THE SEVEN SECRETS OF HIGHLY SUCCESSFUL PEOPLE

1. Private school
2. Legacy Ivy admission
3. Nepotism hire
4. Seed capital from family
5. Club memberships
6. Personal assistant, nanny, ghost writer
7. Journalists who ask, “What’s your secret?” and uncritically publish the answer

— Sandra Newman (@sannewman) November 26, 2019

This is what it means when I say that someone was born on 3rd base, and thought that they hit a triple.

The problem with aristocracy is that we grant money and power to drooling idiots who won the birth lottery.