Cryptocurrency, Investing, Money, Economy, Business, and Debt:
How Tech Outstayed Its Welcome
Big tech — with venture capital by its side — spent a decade mistreating, manipulating and misleading governments, consumers and the media in the pursuit of greed, taking advantage of society’s optimism in the name of eternal growth.
Ripple's XRP Drops 5% Amid Report of Potential $112M Hack
SEC’s settlement gag rule ‘undermines regulatory integrity’ — Hester Peirce
Coronavirus News, Analysis, and Opinion:
https://twitter.com/outbreakupdates/status/1752156701279572253
- outbreakupdates
Politics:
House Democrats Close Ranks on ‘Bullshit’ Impeachment
House Democrats are expecting their caucus to stay unified against a Republican vote to impeach Secretary of Homeland Security Alejandro Mayorkas that could come as soon as next week.
Republicans have a razor-thin majority and a handful of members are undecided. If Democrats can lock arms in opposition, the GOP will have almost no margin for error.
https://twitter.com/clearing_fog/status/1752473985609326991
- clearing_fog
Democrats can make a third significant reframing of a central political issue in the Biden era.
The first came on foreign policy, where President Joe Biden upended generations of Republican swagger on being the strong party on foreign policy and international leadership. It’s a vastly longer piece than this, but Biden’s consistent support of NATO, his Pacific pushback on China, and his backing of Ukraine since the illegal Russian invasion is an astounding contrast with the pro-Putin GOP. (“Pro-Putin GOP” are words that I, as part of the last generation of Cold Warriors, find hard even to begin to write.)
Biden’s second significant reframing is an important one and is still a work in progress. The economic success story of Biden’s first term is just sinking in with Americans, and the stats alone are something so remarkable it’s led Fox and the MAGA Mighty Propaganda Wurlitzer to change the subject.
Now, Biden has a moment to reshape perceptions on immigration and border security. Not all Democrats see the political value yet, but the Biden White House has this more sorted out than most.
https://twitter.com/MuellerSheWrote/status/1752428648450412665
- MuellerSheWrote
South Korea’s Birthrate Is a National Emergency
South Korea has beaten its own record once again. The country has registered a new low in its already faltering birth rate.
The rate for 2023 was just 0.72. This is an unprecedented number in the global community (the average for OECD countries was 1.58 in 2021).
https://twitter.com/KatiePhang/status/1752366266122219601
- KatiePhang
Fulton County Government Taken Down by Cyberattack
An ongoing cyberattack against Georgia’s Fulton County, which includes parts of Atlanta, has brought some of the government’s systems to a standstill, halting access to court filings, tax processing and other services…
The office of the county’s District Attorney Fani Willis lost access to its phones, internet and the court system website.
Taylor Swift Exposed The GOP Freakshow By Being Normal
MAGA Is Based on Fear, Not Grounded in Reality
…Republican political strategy depends largely on frightening voters who are personally doing relatively well, not just according to official statistics but also by their own accounts, by telling them that terrible things are happening to other people.
https://twitter.com/ryanjreilly/status/1752424273342255334
- ryanjreilly
House GOP Rebellion Threatens to Kill Tax Bill
According to members who attended the meeting, Republican leaders are staring down a messy litany of complaints from both incumbents in vulnerable districts demanding state and local tax relief and conservative Freedom Caucus members who are intent on bringing border politics into the tax debate.
Then there are the lawmakers with a third type of complaint: anger that Johnson is relying on Democratic votes to pass a major piece of tax legislation in an election year.
Trump Spent $50 Million on Lawyers Last Year
Donald Trump piled up legal expenses in 2023 as he was indicted four times, spending approximately $50 million in donor money on legal bills and investigation-related expenses last year.
It is a staggering sum. His lone remaining rival in the 2024 Republican primary, Nikki Haley, raised roughly the same amount of money across all her committees in the last year as Mr. Trump’s political accounts spent paying the bills stemming from his various legal defenses, including lawyers for witnesses.
Mr. Trump, who has long been loath to pay lawyers himself and has a history of stiffing those who represent him, has used funds in his political action committee, known as Save America, to underwrite his legal bills.
Heh. Trump wants new lawyers to appeal the E. Jean Carroll case. Never saw that one coming.
Serendipity:
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