Spyke

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A real reason why Nazi-ICE is in Minnesota

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I think fascists see violating boundaries, hypocrisy, and telling lies as signs of power - ie, things to aspire to in their twisted minds. That's dangerous, and not how non-fascists think.

Mainstream traditional and social media have devolved to simply publishing verbatim what the fascists say without offering any kind of context or evaluation of, say, the truthfulness of the statement-now-headline.

I agree with you all around otherwise. I just don't think this behaviour rests on overconfidence or an appraisal of riskiness via the SC. I think it's psychologically must deeper, and recognizing this will help us deal with them better

privacy

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Porn censorship is going to destroy the entire internet

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That's the most insightful and chilling comment I've read in a while. I especially like the "it's not age verification; it's identity verification" part. (That messaging needs to be more commonplace.) The key(s) for organizing data about individuals online will shift from email addresses only to enough stable identifiers to impersonate someone or maybe even steal their identity. Data leaks and fraud will probably increase dramatically given the value-add of these data.

With the level of quashing dissent these days - eg UK police arresting hundreds of nonviolent people with placards denouncing genocide; military deployments in LA and DC - no wonder certain states/ governments support online identity verification laws.

"No Kings" protests are already a non-story in mainstream news today. Tomorrow, they can be prevented from happening in the first place! /s c/aboringdystopia

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'Absurd!': US Billionaires Pay Lower Tax Rate Than Working Class for First Time

Great article. Nice to see an economist doing such important work. I don't really understand finances. I snipped the parts of the article that helped me understand the finding/headling. There's a great chart in the article of taxation differences since the 1960s too - staggering! Plutocracy in action!

Published in The New York Times with the headline "It's Time to Tax the Billionaires," Zucman's analysis notes that billionaires pay so little in taxes relative to their vast fortunes because they "live off their wealth"—mostly in the form of stock holdings—rather than wages and salaries.

Stock gains aren't currently taxed in the U.S. until the underlying asset is sold, leaving billionaires like Amazon founder Jeff Bezos and Tesla CEO Elon Musk—a pair frequently competing to be the single richest man on the planet—with very little taxable income.

"But they can still make eye-popping purchases by borrowing against their assets," Zucman noted. "Mr. Musk, for example, used his shares in Tesla as collateral to rustle up around $13 billion in tax-free loans to put toward his acquisition of Twitter."

canada

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Air Canada union says flight attendants will continue strike, defy government

American-owned Financial Post actually did some useful reporting around this issue. I guess whatever judge decided to quash the strike within hours is a former legal counsel of the Air Canada Corporation; i.e., there is very high apparent conflict of interest in that process and decision. Another bad look for the Carney government.

https://financialpost.com/pmn/business-wire-news-releases-pmn/cupe-former-air-canada-counsel-to-decide-whether-to-end-cupe-air-canada-dispute-in-clear-conflict-of-interest

canada

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Half of young Canadians spending more than 50% of earnings on rent

In a move that I didn't see get any mainstream press coverage, although I learned about it through the Fediverse, the highly influential extension of the federal government, the CMHC (Canada Mortgage and Housing Corporation), quietly redefined affordable housing this year from at most 30% of gross income to 40-45% of gross income (and plausibly 50% by 2035). "Affordable housing" is one step below "market [price based] housing", so spending 50% of earnings on rent seems like the policy's working as intended. Society's @#$%ed

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memes

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Also - and I'm only familiar with the 1971 film version with Gene Wilder - Grandpa Joe is clearly the only friend, companion, and available adult in Charlie's life who he can talk to. His mother is too busy from working to support the family. He doesn't have friends or money to spend. And Grandpa Joe does show some guilt and awareness about not contributing more to the family. He has that great line when Charlie tries to give him a nickel for tobacco: "When a loaf of bread looks like a banquet, I've no right buying tobacco."