The plan for TikTok’s American operations to Oracle and Walmart has been delayed, most likely indefinitely. According to WSJ, in a recent court filing, the Biden admin has begun to review whether there are threats to national security as claimed by the Trump administration that would warrant the ban.
Representative of ByteDance (TikTok’s owner) and US National security are in discussions regarding data security and preventions on American data being accessed by Chinese government.
“We plan to develop a comprehensive approach to securing U.S. data that addresses the full range of threats we face,” National Security Council spokeswoman Emily Horne said. “This includes the risk posed by Chinese apps and other software that operate in the U.S. In the coming months, we expect to review specific cases in light of a comprehensive understanding of the risks we face.”
The revenge campaigned, couched in some kind of theory that China would use the platform to spy on, or gather and maliciously use the data of, U.S. citizens, was also, in a monumental coincidence, a reaction to K-pop fans sabotaging his campaign rally in Tulsa, OK, by using the platform.
Hilariously, after Trump and the then campaign chair, Brad Parscale, bragged at the projected 19,000 sold-out attendance, the venue was shown in numerous photos and videos as nearly empty. The TikTok mob had ordered thousands of tickets, which were free online, for reserved seats, causing the organizers to assume that the rally would have full attendance.
Naturally the TikTok gang only wanted to embarrass the campaign and did a fantastic job. In retrospect this was the beginning of the end of Brad Parscale as Trumps main guy and, one could almost say, of Trump’s re-election campaign itself, as things generally went downhill from there.
Carone claims she wants to bring back “conservative values”
Even if you don’t know the name Mellissa Carone, most that have social media or watched any television will be able to recall the image or the likeness to this woman.
Back in December of 2020, Carone, almost instantly became a parody when she appeared alongside Rudy Giuliani during an Oversight hearing. Videos from SNL, TikTok and even Amy Schumer popped up, with the main selling point that she appeared drunk, some coining her the “wine lady” or “drunk lady”.
Mellissa Carone is making news again, as the 33 year old Republican is reportedly going to run for the 46th District seat, according to a recent filing with Michigan Secretary of State’s office.
She also criticized Gov. Gretchen Whitmer, Attorney General Dana Nessel and Secretary of State Jocelyn Benson, the state’s three top Democrats. Michigan needs “conservative values” back, Carone said.
Getting more buzz daily and sign-ups continue to accelerate
Clubhouse is a fast growing “new” social media sensation that is growing at an amazing rate. It is also constantly morphing in an endless kaleidoscopic experience that comes from an amazing new technology: the conference call.
Exploring the paradox that having no gifs, no photos, no memes, not even a string of text is now the most added social app with the biggest buzz is as good a starting point as any.
Imagine you are unable to text, unable to send or post a photo, unable to speak unless you are called up or invited to be on on stage, need to use your real name for sign-up and must adhere to the specified topics and protocols of each room.
Sounds restrictive right? But it is this very contrast with other forms of social media that seems, for many, liberating, even transcendent. Once you realize that you are in a room with, in some cases, 12 or so people on stage and thousands of people listening in the audience, its a bit like a panel discussion, but in a smaller rooms it’s like a small gang in Philly circled around an oil drum fire chatting (or conspiring as it were) while they rub their hands together to keep warm.
Next, imagine, in a few years, when apple’s “Animoji” capability is added, perhaps with a body, the ability to walk around with some scenic backgrounds and you have “Ready Player One” in real life.
Obviously gaming platforms approximate this but for non-gamers, as the tech sophistication advances, it becomes more viable and interesting. And it’s the enthusiasm from the public exploding for the speech only version of this that could be key in hastening the realization.
On the other hand, clubhouse users are raving about, while others are lamenting, the intense intimacy that comes with speaking to, or sometimes whispering in, each other’s ears. The ASMR version of a conference call. With an audience.
There are also music rooms and a music mode – a higher fidelity version of a room where singing playing instruments and more is possible. The idea is to eventually do concerts (possibly paid) and even live collaborations and more.
The phenomenal nature and accelerated adoption since the launch is is perhaps just as much a reaction to the chaos and collisions that are so ubiquitous on platforms like Twitter, Instagram and others, as it is a fascination with the “new-yet-old” options enabled by the Clubhouse technology.
Add to all the the perfect synchronicity of the first lockdown phase of the pandemic corresponding to the initial public launch in March, 2020 and you have a historic paradigm shift that may well carry forward for years or even decades. Adaptation to new ways of communicating as a necessity and a natural next step.
How to get your account set up and what’s what in the app
For a basic breakdown: the app is audio only. Once you are invited (or get on the waiting list and are let in by a sponsor) and ready to set up your account you will be prompted for the usual things, user name, real name, bio, phone number and so forth. You can also direct connect a live link Twitter and Instagram accounts, which is where the “DMs” have to happen since the app has no built in messaging.
Once is you will see there are “rooms” and “clubs”. Rooms are always available and can be joined or created by all members. If you join a “live” room you are, as default, put into the “audience” which has two sub-sections: the “followed by the speakers” section which gives you a kind of front row seat, and the “non-followed” regular audience. The audience members have no microphone button and cannot speak without it.
To become a speaker you can click on a “hand” symbol which activates “raise your hand” allowing any “moderator” (designated with a “green bean” asterisk icon) to invite you to the “stage”, which is where the speakers reside.
The moderators do have the power to interrupt a speaker or even kick a speaker back to the audience, thereby removing any speaking privileges.
The magic of the app is in this structure, clubhouse etiquette, and the ability to have multi-minds from all walks of life that, generally, choose a topic for the room and then, with the guidance of the moderators, get input from various speakers on stage.
“Clubs” are like permanent rooms that also have signed-up members (some have thousands or tens of thousands of them) and these often have scheduled sessions, weekly, daily or otherwise, in advance.
Above: Collage by Lynxotic, Original Photo by Rosie Kerr on Unsplash
Clubhouse: Social Audio App, currently iOS only and invitation required
Clubhouse is a fast growing “new” social media sensation that is growing at an amazing rate. It is also constantly morphing in an endless kaleidoscopic experience that comes from an amazing new technology: the conference call.
Exploring the paradox that having no gifs, no photos, no memes, not even a string of text is now the most added social app with the biggest buzz is as good a starting point as any.
Imagine you are unable to text, unable to send or post a photo, unable to speak unless you are called up or invited to be on on stage, need to use your real name for sign-up and must adhere to the specified topics and protocols of each room.
Sounds restrictive right? But it is this very contrast with other forms of social media that seems, for many, liberating, even transcendent. Once you realize that you are in a room with, in some cases, 12 or so people on stage and thousands of people listening in the audience, its a bit like a panel discussion, but in a smaller rooms it’s like a small gang in Philly circled around an oil drum fire chatting (or conspiring as it were) while they rub their hands together to keep warm.
Next, imagine, in a few years, when apple’s “Animoji” capability is added, perhaps with a body, the ability to walk around with some scenic backgrounds and you have “Ready Player One” in real life.
Obviously gaming platforms approximate this but for non-gamers, as the tech sophistication advances, it becomes more viable and interesting. And it’s the enthusiasm from the public exploding for the speech only version of this that could be key in hastening the realization.
On the other hand, clubhouse users are raving about, while others are lamenting, the intense intimacy that comes with speaking to, or sometimes whispering in, each other’s ears. The ASMR version of a conference call. With an audience.
There are also music rooms and a music mode – a higher fidelity version of a room where singing playing instruments and more is possible. The idea is to eventually do concerts (possibly paid) and even live collaborations and more.
The phenomenal nature and accelerated adoption since the launch is is perhaps just as much a reaction to the chaos and collisions that are so ubiquitous on platforms like Twitter, Instagram and others, as it is a fascination with the “new-yet-old” options enabled by the Clubhouse technology.
Add to all this the perfect synchronicity of the first lockdown phase of the pandemic corresponding to the initial public launch in March, 2020 and you have a historic paradigm shift that may well carry forward for years or even decades. Adaptation to new ways of communicating as a necessity and a natural next step.
How to get your account set up and what’s-what in the app
For a basic breakdown: the app is audio only. Once you are invited (or get on the waiting list and are let in by a sponsor) and ready to set up your account you will be prompted for the usual things, username, real name, bio, phone number and so forth. You can also direct-connect a live link for Twitter and Instagram accounts, which is where the “DMs” have to happen since the app has no built in messaging.
Once in, you will see there are “rooms” and “clubs”. Rooms are always available and can be joined or created by all members. If you join a “live” room you are, as default, put into the “audience” which has two sub-sections: the “followed by the speakers” section which gives you a kind of front row seat, and the “non-followed” regular audience. The audience members have no microphone button and cannot speak without it.
To become a speaker you can click on a “hand” symbol which activates “raise your hand” allowing any “moderator” (designated with a “green bean” asterisk icon) to invite you to the “stage”, which is where the speakers reside.
The moderators do have the power to interrupt a speaker or even kick a speaker back to the audience, thereby removing any speaking privileges.
The magic of the app is in this structure, clubhouse etiquette, and the ability to have multi-minds from all walks of life that, generally, choose a topic for the room and then, with the guidance of the moderators, get input from various speakers on stage.
“Clubs” are like permanent rooms that also have signed-up members (some have thousands or tens of thousands of them) and these often have scheduled sessions, weekly, daily or otherwise, in advance.
Search Interest in Clubhouse
According to data from Exploding Topics, searches for “clubhouse app” have increased by 99x over the last 6 months. And are up 3250% over the last 90 days.
The celebrity juice effect; enter Elon Musk, Mark Zuckerberg, Robinhood’s CEO, Zendaya and more
Rooms and clubs vary in content style, membership and atmosphere, almost in as many ways as can be imagined.
At the top of the list for the media buzz are the recent “spontaneous” appearances of huge names like Musk & Zuckerberg, Andrew Yang, Zendaya, Guy Kiyosaki and many more.
In these “hot” rooms, the audience is currently capped at five thousand, and in the big demand-surges they create “spillover” rooms which are listen-only and also cap out at five thousand each.
Needless to say, when word spreads that a huge celebrity, especially a tech luminary, is in the house the demand for the room skyrockets. This is also a kind of beta test for the servers and for the potential of the future changes expected for the app: paid content.
Various ideas have been floated, including “creator” payments, but it is unclear if there will be an admission fee for certain events-based or high-demand rooms, or if some other system will be used to compensate “star” moderators and content creators.
Since the experience shares some characteristics with podcasts, albeit live, and radio, the professional communities from those industries along with Vloggers, social media marketing pros, influencers, a lots and lots of people in finance, fin-tech and most of all Venture Capital, Angel Investors and Startup mentors are everywhere in the house.
Notable Clubhouse Users
Clubhouse has added a number of notable users over the last few months. Here’s a list of notable people that are currently on the platform:
According an article in Medium by Will Oremus as well as another By Casey Newton in The Verge, the initial population of invited members on the app were primarily from tech leaders, tech investors and venture capitalists. Due to this somewhat puzzling choice – as opposed to, for example, college students, there is a feeling that the Clubhouse is built to create a safe space for accomplished, established tech stars and personalities to be on stage as they might at SWSX or CES (more the former), without being heckled by journalists or the audience (which is by definition on mute).
There’s a somewhat conspicuous absence of political rooms or anything related to journalism or digital media, which according to the articles above is potentially by design. Even that has already started to change, however.
With a kind of trade-show, live podcast-feeling and endless variations in topics added to the almost overwhelming changes and expansion of speakers and audiences, any disappointing feelings you may have about using the app are likely to disappear once the next, totally different room or topic is encountered. Like the weather in Montana.
Social status competition that carries over from other platforms is rampant but not all pervasive
At this point, many rooms and clubs are, not surprisingly about making money and / or how to achieve success online, on social media networks in particular. Aa a powerful educational tool, these rooms can seem like you are auditing a lecture or panel discussion at Harvard, or at least your local community college.
At the same time many on stage come across as having an eye on the prize of becoming, by early entry, a clubhouse star, just as everyone saw with TikTok and YouTube beforehand.
And that lust for acceptance and followers (there are no likes or heart emojis to gift) can create an odd mixture of profusely and oft professed love for prospective followers combined with a fear of possible encroachment by lower level competitors looking for status by getting more attention.
Fortunately, as more Rooms and Clubs proliferate, many topics and learning categories have various rooms to choose from, and the ones with the most professional and genuine moderation and room-vibes will likely be the most popular.
No one really knows how the evolution and expansion will manifest, but it will not be dull to watch it unfold, at least not for quite a while.
Politics, controversy and offbeat subject matter are only now beginning to proliferate…
An odd and strange exception to the dearth of political fireworks came in a club session recently that featured a very, very angry man railing against, surprise, the media (and its coverage of the US gov). I won’t mention any names as recording and perhaps quoting from rooms is verboten.
To paraphrase the gist of his wildly eloquent tirade, on a level one might expect from a highly educated technologist, he posited that “because he is very smart” “team fortify” (his coinage for the “blue team” that sounded like shorthand for Democrats and some part of the left) was going to destroy him “reputationally” [sic], “financially and potentially, physically” (meaning he expects to be killed for being too smart) and that his response to that is “Fuk You!”.
He repeated this several times in alternation with his ultra-educated machine-gun word-bullets aimed at an unseen enemy, all with an incredible furor and volume. He never elaborated, during the time I listened in, as to what hits his reputation or finances had taken and seemed to be physically quite alive.
He was surrounded on “stage” by some extremely impressive, talented and articulate people who also seemed somewhat baffled as to why the man was so incredibly upset. No one dared to contradict him or say much except to mirror his highly intelligent ramblings with supportive sounding intellectual elaboration on his larger point, which was something like “the bad guys are expecting to be considered good guys because that are better than the really bad guys.”
There were around 3000 in the silent audience (no clapping or sound of any kind allowed).
The experience of that club session was truly surreal and perhaps a preview of what may come when the android half of the world joins and the most “engaging” characters begin to make waves (and dollars) via this new medium.
Clubhouse (and similar voice and audio based social media networks or features) is here to stay and will only get more interesting
While there are many disappointing reactions that are natural to feel, like how quickly all the biographical pages of members suddenly look like the emoji-filled corollary on Twitter, the fascinating diversity of ideas options and uses far outweigh the negative aspects.
And, although, mirroring an Instagram norm, people religiously compete to see how few others they can follow while amassing thousands of followers themselves (in the belief that status comes from being so desirable that every one needs you but you don’t need anyone else), this may not remain, as Clubhouse, for the most part, does not have much in the way o bikini competitions or other glamor and status seeking options of that type.
For some, it might be just too intense to speak directly with people you’ve never met and perhaps never will, even as hundreds or thousands listen in.
If that’s the case, you can still just pop into a room or join a club on your favorite topic. Once there you can listen, learn and build the confidence to raise your hand and give your 2 cents, or even get invited to be onstage as a featured speaker.
Please tune in for more updates on new features and developments, as this article will be the first in a series on Clubhouse and the new social audio revolution..
On a crazy night Zuckerberg, KimDotCom and Guy Kawasaki all join rooms at the same time
Clubhouse, the red hot “social audio” app which is growing, even by invitation only by the millions per week. Part of the appeal is the up-close and personal audio interactions that happen among people from all walks of life; including big names. Last week it was Elon Musk “interviewing” the CEO of Robinhood (see video below).
KimDotCom is a bit of a crazy one, could be perhaps called infamous rather than famous, as the founder of “MegaUpload” and the New Zealand Extradition saga. There’s a strange kind of irony to having Mark Zuckerberg show up. Obviously it shows how Clubhouse is just too hot to ignore – it will probably spur rumors that he is circling the rooms with designs on acquiring or copying the app.
We have been testing Clubhouse for a future feature article and it is truly remarkable what the atmosphere is while using the app. The intimacy of group audio, combined with a kind of democratic algorithm / interface (for the most part), makes for a social media experience that is nothing like any other platform that has caught on.
In some ways it’s like being at a huge trade show like CES and going to a keynote or a panel discussion. However, the fact that it is live 24/7 365 days a year makes for more impromptu access, more spontaneity and more… chaos (sometimes for good or…).
I’m tryna see Mark Zuckerberg and Tim Cook in the same Clubhouse room
Clubhouse was launched, in what may be the most fantastically serendipitous timing ever, in March 2020. Tearing a page, ironically, from the Zuckerberg and Facebook playbook, it has been and continues to be an invitation only club.
After the session with Zuckerberg was over one of the “Stage” speakers coined the term “Digital Teepee” to describe the feeling of being in such an intimate setting with such a controversial figure like Mark Zuckerberg. Others speculated what his motivations might have been to join the club.
Here’s what Mark Zuckerberg said on Clubhouse about AR, VR, and Remote Work
In a nod to the “Trade-show” aspect the first affinity group was… Venture Capitalists
In an interesting twist, however, the initial focus for invites was not on college students, as was the case with the early days of facebook, but mainly consisted of venture capitalists.
Perhaps this was indirectly related to the fact that , Alpha Exploration Co., the company behind Clubhouse was launched after a $12 million investment came from Andreessen Horowitz after they had only been in existence for approximately two months.
The invitations are being handed out more liberally now and the “club” is growing at over a million users per week at the moment. The demand is so extreme, however, that invites are even being sold on eBay in the US and even on equivalent platforms in China and elsewhere.
In a first, in what will almost surely crash the app again, Netflix will be doing a promotional room (which has never happened before) to promote Zendaya’s new film‘Malcolm & Marie’ which will be live on Netflix tomorrow.
Founder and CEO of Amazon, Jeff Bezos has announced he will step down and become executive chairman. Andy Jassy, the current cloud computing chief, will become the next CEO stated for the third quarter.
Based on a memo posted for Amazon employees, Bezos noted: “As Exec Chair I will stay engaged in important Amazon initiatives but also have the time and energy I need to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and my other passions.”
–0 to $1.5t (nobody in history); –Turned biggest cost centers into profit centers (nobody in history); –Established recurring revenue relationship w/82% of US households (nobody in history); and –Hired 500k+ people in 12 months (nobody in history)#Bezos
Though his Exec Chair position may mean that very little changes going forward, based on the challenging prospects for the huge and much criticized firm it may indeed signal the end of an era.
Want know more about shorting? About the shady and complicated scams? And also see an incredible film?
The Wolf of wall street is simply a great movie. It’s even better though if you watch it in the context of stock market mania. Just like the one that’s happening now.
Beyond the fact that the story is incredibly entertaining it does also get into the heart of the “pump & dump” boiler room mentality. While the so called ‘retail investors” who are riding the Robinhood stock purchasing app to what they see as well deserved revenge on Wall Street, and Belfort who was the real life “Wolf of Wall Street” was more of a wannabe that couldn’t get into the establishment. He then set forth, with chutzpa and insanity and some drugs, built his own criminal empire, there are some very clear correlations between his tricks that made him rich and what the short-squeezing Reddit & Wall Street Bets chat room vigilantes are doing right now.
Can we all be like the guys, Jordan Belfort or Michael Burry, who was played by Christian Bale in the movie, and even though it was about going short, it’s sill ok, cause, Christian Bale?
History does exist, even if it happened before your uncle was born
Up until 1934 many things were legal and rampant that today, technically, are not allowed. Insider Trading is the most obvious and best defined, look up Martha Stewart and jail time if you want to know more about that.
Collusion in the market is another less well known practice, also known as “pump & dump” that has as many variations as Ponzi schemes and, though illegal, will never be stamped out. The technical terms for Colluding in relation to stock trading are “securities fraud” or “market manipulation.”
Not to get technical but here’s an partial excerpt of the legal specifics:
15 U.S. Code § 78i – Manipulation of security prices
(a) – (2 To effect, alone or with 1 or more other persons, a series of transactions in any security registered on a national securities exchange, any security not so registered, or in connection with any security-based swap or security-based swap agreement with respect to such security creating actual or apparent active trading in such security, or raising or depressing the price of such security, for the purpose of inducing the purchase or sale of such security by others.
Night Stalker: The Hunt for a Serial Killer / Netflix
Streaming started January 13. This historical limited series is a documentary that follows the young detective Gil Carrillo and legendary homicide investigator Frank Salerno as they work expeditiously to catch the “Night Stalker”. Beneath the sunlit glamour of 1985 LA lurks a relentlessly evil serial killer. In this true-crime story, two detectives won’t rest until they catch Richard Ramirez, who was eventually arrested for his terrible crimes.
A gradual climb up the internal Netflix chart has kicked the limited series up to #3 for the weekend. The quality of the presentation seems to be the draw and the time frame that it deals with – the mid-eighties – has been au du jour of late – with Wonder Woman 1984 and other films that focus on that unique decade and its zeitgeist. Check out the trailer below if you want a taste:
The reality is sinking in, slowly, that the future is truly unknowable and that big changes and even bigger challenges are looming. Twin shocks of a health emergency and a financial crisis, intertwined and yet with separate trajectories, are still to be resolved in our near future.
Click to buy “The Big Short” and at the same time help Lynxotic and All Independent Local Bookstores. Also available on Amazon.
And then there’s the myriad of other challenges that were already acute, such as global warming and the “other” epidemic; corruption and greed. It’s almost too much to face up to, and no one can be blamed for wanting to just turn away.
Too much has been glossed over. After the 2008 crisis we all just wanted to put that ugly mess behind us and get on with our lives. I suppose the criminals that netted billions as a “reward” for almost destroying the entire global economy were also eager to just move on.
All that as it may be, perhaps, a way to begin the process of regaining our courage and looking into the future with some kind of hope, or at least a deeper understanding of the human dilemma and historical precedents, might be to enjoy films about small moments of triumph before great adversity. Here are a few recent options:
Barely 12 years ago, the financial collapse and ensuing “Great Recession” was a nightmare scenario. The aftermath of that debacle is also a contributor to the economic dangers we see before us in 2020. This film, likely the best based on that era, highlights how outsiders and misfits were able to prosper, even as they witnessed the corruption, failure and systemic injustice that brought the world to the brink of total economic chaos.
Starring: Christian Bale, Steve Carell, Ryan Gosling and Brad Pitt.
Click to buy “Antrhopocene” and at the same time help Lynxotic and All Independent Local Bookstores. Also available on Amazon.
For a bird’s-eye overview and scientific perspective – Athropocene is a film for those ready to think deeply on how, once beyond the immediate danger, we would want to emerge into a new era as a species. A positive reaction to the current crisis, worldwide, has been a series of ideas and proposals that show a willingness to confront the challenges from an entirely new perspective. Maybe new leadership can mean starting over and making a pledge to try a new approach to literally everything.
‘The film follows the research of an international body of scientists, the Anthropocene Working Group who, after nearly 10 years of research, argue that the Holocene Epoch gave way to the Anthropocene Epoch in the mid-twentieth century as a result of profound and lasting human changes to the Earth.”
Facing death constantly is a reality in war times. This story is a testament to resilience and survival against all odds.
Angelina Jolie directs this adaptation from Laura Hillenbrand’s popular book, “Unbroken” stars Jack O’Connell, Domhnall Gleeson, Alex Russell, Miyavi and Finn Wittrock
Cinderella Man
This Depression era feel-good story takes on new meaning as we see a “Great Depression II” potentially looming. Looking for strength and courage facing forces that threaten our survival, and coming out at the end in a better place, that’s a synopsis and blueprint we can all benefit from observing, even if it’s packaged as a Hollywood vehicle. Russel Crowe at his best. Maybe worth a second look.
Click to buy “Unbroken” and at the same time help Lynxotic and All Independent Local Bookstores. Also available on Amazon.
Confusing? Yea, but at the bottom it all it’s just…(parody)
It you have followed any of the unfolding madness with the “retail investors” and the revolution of unstoppable market manipulation that is heroic, not criminal cause, um, the other guys (Wall Street) are much more criminal.
The problem is, it’s all true! Yes, the idea that pumping up GameStop, which is basically a random stock that was cheap and easy to pump. This is basically making a mockery of the traditional idea of investing and of the laws against stock manipulation. But the market is, as so many are pointing out, basically a sham already.
A lot is made of the bad and nasty “shorts” who think that, just because GameStop is a company with basically no future prospects, they think the price would like, do down. Strange. That’s ok though, we can pump it up and the squeeze force the shorty shorts to cover (buy back shares) and that will send the price soaring.
short shorts by Tesla
Then we can all be like the Wolf of Wall Street, Jordan Belfort and also totally like The “Big Short” guy, Michael Burry, who was played by Christian Bale in the movie, and even though it was about going short, it’s sill ok, cause, Christian Bale.
2008 was bad and done by very bad people that got away with it
And yes, it’s pretty much all a nasty business. But the nasty pros are the worst. And the whole system is a sham. And, anyway 2008. Right. Maybe this is like occupy Wall Street but for real. Occupy it literally inside of the market. Where they live.
So, in a nutshell it’s a mockery of a sham. And a travesty. So it’s a mockery of a sham and a travesty.
Seriously., though, perhaps pumping cheap stocks from around 5-10$ up to $500 or higher by coordinated buying executed by internet mobs should be made legal. Each “investor” can jump in and out where-ever they choose and daisy-chain into the wealth that dreams are made of.
Universal basic is basically good, really good
Perhaps this can be the new government stimulus plan. Give every citizen a “free” stock buying app like Robinhood (but a new one cause we all hate those guys now) and have each account pre-loaded with, say, $1000.
Then let everyone know that it’s ok to join Reddit groups or watch TikTok stock market gurus and everyone, like a swarm of locusts can just pump a stock up to the moon and then sell and crash it and move on to the next one.
Naturally, it will be necessary to always start with a stock that is cheap so the early buyers can get really, really rich when the stock (who care what company it is, right?) goes up around 32,000% is, say, a week. That’d be good.
I am looking for how this casino of the common man would be worse that the current system, and it’s hard to find a flaw. Maybe read a book? Naw, just buy and buy and get rich with stonks forever. Amen.
Lots of confusion on all sides. There’s an internet storm brewing over the “injustice” of various entities – a ridiculous “free” trading app called, of all things “Robinhood”, the hedge funds who shorted an obviously overvalued stock. The army of short-squeezers who are screaming bloody murder that they were not able to cash in at the top (or commit Hari-kari by buying more the higher it goes).
And then every pundit in the world sounding off – all the outrage and chaos with Ted Cruz & AOC & Elon Musk & Chris Cuomo & Mark Cuban and probably every celebrity in the world going nuts all at once by tomorrow and all sounding off like crazy over the “injustice”. Shake it up and shake in down.
The sheer volume of confusion over the “Robinhood Revolution” is staggering. Just wait it will be much, much worse. The depth of the ignorance is truly monumental.
Interactive Brokers has put AMC, BB, EXPR, GME, and KOSS option trading into liquidation only due to the extraordinary volatility in the markets. In addition, long stock positions will require 100% margin and short stock positions will require 300% margin until further notice.
Are there bad guys on “Wall Street”? Plenty. Are the google guys day traders that bid up a worthless stock to “burn” hedge funds and get rich quick heroes? Please.
And an App hilariously named “Robinhood” that charge phantom fees rather than stated charges (low, high or whatever) does no “stealing from the rich” and sure as hell no “giving to the poor”.
They told me that the we live in free market capitalist society
They told me:
– Markets are free – Healthy competition is promoted – The same rules apply to everyone – Deck is not stacked against the little guy
Traders and “Wall Street Insiders” know that danger is real. The idea of protecting “retail traders” from risk? As they tap into credit cards to buy worthless stocks that they believe they have a right to pump & dump?
I'm sorry, but if you're gonna freak out when your users start robbing the rich, you can't call yourself "Robin Hood." pic.twitter.com/WwPkO6qdDt
And are they good guys cause they should be able to push the price of a stock endlessly higher for no reason whatsoever except that they get off on the letters from the ticker symbols that happen to sound similar to the ticker for a stock that Elon Musk did a two word tweet about (Signal, etc)?
I accidentally bought 13000 shares of #dogecoin while I was at the gym cause Robinhood froze on me so I didn’t think the order went through. Doubled my money in an hour. First good thing Robinhood ever did for me.
Collusion and getting rich for doing basically nothing should be something that is available to everyone because criminals have gotten away with it left right and center?
Probably best not to name your company or organization or non-profit some form of Robin Hood
Short sellers and now Robinhood are getting critics of all stripes
Tesla CEO Elon Musk wrote in a series of tweets Thursday a litany of anti-short thoughts, punctuated with “get shorty”. Also said he “absolutely” agrees with Rep. Alexandria Ocasio-Cortez, D-NY., that the House Financial Services Committee should launch an investigation into Robinhood because of stock trade restrictions that were put into place by the online app-based brokerage related to GameStop.
Always a master of viral expression, Musk famously marketed “short-shorts” as a dig at short sellers that he felt were unfairly targeting volatile Tesla stock moves. In the end, at least so far, he has always had the last laugh.
u can’t sell houses u don’t own u can’t sell cars u don’t own but u *can* sell stock u don’t own!? this is bs – shorting is a scam legal only for vestigial reasons
Robinhood is blocking “investors” from initiating new positions in GameStop, AMC Entertainment Holdings, American Airlines, BlackBerry Ltd., Bed Bath & Beyond Inc., Express Inc., Koss Corp., Naked Brand Group, Nokia Corp, Trivago, and Tootsie Roll Industries, Inc. They are only permitting them to sell existing holdings. Margin requirements were also increased for various securities.
The actions likely have a two-fold justification, based on the situation. To protect Robinhood from litigation in the even, which is likely, that the stock will collapse and many novice “investors” will get hurt, and ostensibly, to protect the investors themselves.
Rep. Ocasio-Cortez stated: “We now need to know more about @RobinhoodApp’s decision to block retail investors from purchasing stock while hedge funds are freely able to trade the stock as they see fit.” And then added: As a member of the Financial Services Cmte, I’d support a hearing if necessary.
Here come the shorty apologists Give them no respect Get Shorty
Today Trump was impeached, again, for “incitement of insurrection”. The vote, which was in favor of the single article 232 to 197, was taken 7 days after the violent riot at the US Capitol, which left 5 dead. The details, arrests and investigations are ongoing as gruesome facts continue to emerge.
The action today was only the forth impeachment of a president in US history. This was the first time that any president was impeached twice. The vote in the House was not along strict party lines this time, unlike Trump’s first impeachment, and ten republicans stood up and voted with the democrats, and, some feel, in favor of the country and the constitution.
Unless there is unexpected, bombshell-level news of a change in the obstructionism of Mitch McConnell, and he decides to join with Chuck Schumer in calling for an emergency session of the Senate, any trial would take place after president-elect Biden is already sworn in.
”We know that the President of the United States incited this insurrection, this armed rebellion against our common country, He must go. He is a clear and present danger to the nation that we all love.”
-Nancy Pelosi just before the commencement of the vote
With Trump effectively silenced after his Twitter, Facebook and YouTube accounts were blocked, the only remaining response of any note would presumably be in the streets if his deranged supporters choose to take up arms again.
So in a little over two years, Donald Trump lost the House, the Senate, the presidency, and got impeached twice.
These members are courageous defenders of the constitution:
Anthony Gonzalez (R-OH) Peter Meijer (R-MI) Fred Upton (R-MI) Liz Cheney (R-WY) John Katko (R-NY) Adam Kinzinger (R-IL) Tom Rice (R-SC) Jamie Herrera Beutler (R-WA) Dan Newhouse (R-WA) David Valadao (R-CA)
The sheer volume of actual news, and the various perspectives is daunting and exhausting
Since the most recent phase of the post election chaos, created by Trump and his absurd and unhinged rejection of the reality that he lost to President-elect Joe Biden, reached crisis status due to the terrorist mob attacking the U.S. Capitol, the development of the various threads of the story have exploded exponentially.
With various legal cases and developments in the search for accountability, for numerous individuals including Trump himself, and with his ongoing defiance of his own guilt and the fate that awaits him, it feels like there are bombshell headlines nearly every hour.
In addition to all of those serious and important threads are the reactions of the famous and the infamous, some trying to deflect or obfuscate, even to make light of the carnage, and the outrageous nature of the crimes. Others are grappling to give voice to the outrage that the vast majority feel, on many different levels at what has happened, and what continues to happen. Most of all: what might happen next.
Below are various headlines from the last 24 hours, some of which encapsulate the horror and the confusion, as well as the attempts to find clarity in this massive, ongoing and developing story:
”GOP Rep. Peter Meijer says he is ‘considering’ Trump impeachment after Capitol riot”
-USA Today
“Jim Jordan repeatedly refuses to say Biden fairly won election”
-CNN
”New terror threat points to plot to surround Capitol, lawmaker says”
— CNN
”Trump Threatens Violence If He’s Impeached for Inciting Violence”
-New York Magazine
”Analysis: The bonkers Republican logic on why Trump shouldn’t be impeached”
-CNN
”Deutsche Bank won’t do any more business with Trump”
-CNN
“Pro-Trump Attorney Lin Wood Not of ‘Sufficient Character’ to Practice Law, Decides Judge”
-Newsweek
”Was the Capitol Attack a Last Gasp of MAGA Violence or the Beginning?”
-Vanity Fair
”Texas officials worry Trump’s trip could turn violent”
-Politico
”There Will Be No ‘Unity’ Until Republicans Give Up Voter-Suppression as a National Policy”
-Esquire
”Don Lemon: Trump ‘the biggest snowflake of them all”
— The Grio
”Trump Expresses No Contrition for Inciting the Capitol Mob.”
-The New York Times
”Democrats have a new tool to undo Trump’s ‘midnight rule-making.’ But there’s a catch.”
-NBC News
“Facebook Removes ‘Stop The Steal’ Content; Twitter Suspends QAnon Accounts”
-NPR
“Extremists move to secret online channels to plan for Inauguration Day in D.C.”
-NBC News
”How to stop an Insurrection Caucus: These reforms could reduce GOP extremism and save our democracy”
After all the Bizarre and Not-Funny Events of the Week this is well….Bizarre Period
In a somewhat famous and now infamous episode of The Simpsons, Homer has a dream (nightmare?) relating to the U.S. elections, that were about to take place. The segment aired on November 1, 2020, and, in the end, became eerily prophetic. It didn’t take long for the world, particularly on Twitter, to take note and react.
In his dream, he never ends up voting and the scene cuts to January 20th, 2021, inauguration day, a day that has not yet arrived, of course, but, as if often the case with physic phenomena, the details had a shocking correlation to what we all witnessed on January 6th, 2021.
#DiaperDon trends as Trump has a T-day Tantrum behind a Very Tiny Desk
The date discrepancy is worth noting, since some of the scenes that were not directly accurate on January 6th, could well be at a future date.
The clips show apocalyptic, war like scenes, buildings burning, robots all around and the course horsemen bearing flags that read: famine, war, and pestilence.
Another clip from the 1996 episode “The Day the Violence Died” shows the constitution (as a person) atop the Capitol hills steps saying “Doors open boys” resulting in a horde of amended bills (also anthropomorphized) toting shot guns and bombs as they storm the building.
The visual similarities, how the mob is somehow savage and yet ridiculous and mirrors the videos and photos of real life to a T. Maybe there’s more than just the ability to predict the future at work here? Maybe there’s a message of wisdom in Homer’s dream?
Suffice it to say for the moment: He deserved it and it’s about time. The fact that his account was re-activated after a short pause was a strange choice by the platform. At least they made the right one in the end. Here’s the official tweet
Below the full text from the official Twitter bog explaining, in detail the action taken and why:
After close review of recent Tweets from the @realDonaldTrump account and the context around them — specifically how they are being received and interpreted on and off Twitter — we have permanently suspended the account due to the risk of further incitement of violence.
In the context of horrific events this week, we made it clear on Wednesday that additional violations of the Twitter Rules would potentially result in this very course of action. Our public interest framework exists to enable the public to hear from elected officials and world leaders directly. It is built on a principle that the people have a right to hold power to account in the open.
However, we made it clear going back years that these accounts are not above our rules entirely and cannot use Twitter to incite violence, among other things. We will continue to be transparent around our policies and their enforcement.
The below is a comprehensive analysis of our policy enforcement approach in this case.
Overview
On January 8, 2021, President Donald J. Trump tweeted:
“The 75,000,000 great American Patriots who voted for me, AMERICA FIRST, and MAKE AMERICA GREAT AGAIN, will have a GIANT VOICE long into the future. They will not be disrespected or treated unfairly in any way, shape or form!!!”
Shortly thereafter, the President tweeted:
“To all of those who have asked, I will not be going to the Inauguration on January 20th.”
Due to the ongoing tensions in the United States, and an uptick in the global conversation in regards to the people who violently stormed the Capitol on January 6, 2021, these two Tweets must be read in the context of broader events in the country and the ways in which the President’s statements can be mobilized by different audiences, including to incite violence, as well as in the context of the pattern of behavior from this account in recent weeks. After assessing the language in these Tweets against our Glorification of Violence policy, we have determined that these Tweets are in violation of the Glorification of Violence Policy and the user @realDonaldTrump should be immediately permanently suspended from the service.
Assessment
We assessed the two Tweets referenced above under our Glorification of Violence policy, which aims to prevent the glorification of violence that could inspire others to replicate violent acts and determined that they were highly likely to encourage and inspire people to replicate the criminal acts that took place at the U.S. Capitol on January 6, 2021.
This determination is based on a number of factors, including:
President Trump’s statement that he will not be attending the Inauguration is being received by a number of his supporters as further confirmation that the election was not legitimate and is seen as him disavowing his previous claim made via two Tweets (1, 2) by his Deputy Chief of Staff, Dan Scavino, that there would be an “orderly transition” on January 20th.
The second Tweet may also serve as encouragement to those potentially considering violent acts that the Inauguration would be a “safe” target, as he will not be attending.
The use of the words “American Patriots” to describe some of his supporters is also being interpreted as support for those committing violent acts at the US Capitol.
The mention of his supporters having a “GIANT VOICE long into the future” and that “They will not be disrespected or treated unfairly in any way, shape or form!!!” is being interpreted as further indication that President Trump does not plan to facilitate an “orderly transition” and instead that he plans to continue to support, empower, and shield those who believe he won the election.
Plans for future armed protests have already begun proliferating on and off-Twitter, including a proposed secondary attack on the US Capitol and state capitol buildings on January 17, 2021.
As such, our determination is that the two Tweets above are likely to inspire others to replicate the violent acts that took place on January 6, 2021, and that there are multiple indicators that they are being received and understood as encouragement to do so.
Following leaks and rumors, a more definitive statement from Hyundai
In December 2020, a Reuters story cited sources with knowledge of the project to confirm the existence of the long rumored “Project Titan” otherwise known as the “Apple Car”. Now, based on a statement from a Hyundai spokesperson, “AppleCar” is moving forward in the form of discussions with potential manufacturing partners.
Hyundai also confirmed to CNBC that discussions with Apple has begun, but added the caveat that they “understand that Apple is in discussion with a variety of global automakers, including Hyundai Motor. As the discussion is at its early stage, nothing has been decided.”
This hesitation could stem from the possibility that the initial statement may have been interpreted as hinting that an agreement could be imminent, sending Hyundai’s stock 23% higher. The surge in the price followed a report by the Korea Economic Daily which had implied that Apple suggested the tie-up and Hyundai Motor was reviewing terms.
Apple doing what Apple does
Even after the Reuters report in December, many were still skeptical, and today the time frames being discussed are very conservative mentioned a 7 year time horizon, even while the Reuters report mentioned at least the possibility, however remote, that 2024 could see an actual release onto the consumer market.
It is historically established that Apple often enters established markets for specific products and, in may cases, makes a ultra high quality, uniquely “Apple” version. EVs are now firmly established as the future of individual sustainable transport, but with Tesla having set the quality and popularity bar as high as it has, Apple will have a challenge ahead of it to produce a likely self-driving fully realized electric vehicle to match the state of the art in 2024 and beyond.
At CES 2020 Hyundai unveiled new technologies they already have in development, such as EVs, driverless and even flying cars.
The fact that Tesla founder Elon Musk is now the richest man in the world, after removing that title from Amazon founder Jeff Bezos, is not a factor in the “race” to build the best software and hardware for the future of EVs, but is an added dramatic fact that serves as a backdrop to the intrigue.
And hey, wow, imaging having a variety of non-polluting, sustainable energy vehicles to choose from by the worlds top manufacturers and with Apple and Tesla battling it out at the high end to provide the best and most desirable.
So many stories, with such an overwhelming consensus on where the blame lies (Trump), with so much detail in the ongoing reporting, it’s a lot to even begin to absorb. However the headline is: a massive majority has sincerely reached the point of unmitigated and well deserved condemnation of Trump and his deluded followers.
How better to get a feel for the magnitude of the outrage than to scan the headlines the old fashioned way: by looking at the cover pages of the world’s biggest “newspapers”. The massive titles and biting subheadings show just how “done” the world press is with this malignant maniac.
This is breaking news coverage of the active situation at the US Capitol in Washington D.C. Trump “supporters” are attacking the Capitol and some have made it inside. The video above from Instagram shows what happened earlier during a skirmish as the entrance to the Capitol was breached.
Opinion and observation on the unfolding situation:
Once again a “shocking” turn of events related to Trump that was telegraphed and even specifically detailed days and weeks in advance.
Once again a situation where the response of law enforcement shows a reticence toward confrontation not customary in similar situations not related to Trump followers.
However, without downplaying a clearly historic, shocking and dangerous situation, there is, without some very big surprise that is not likely, no possibility of any “victory” or any outcome that would benefit Trump or the followers who have responded to Trump’s rhetoric and broken laws.
The situation is, as of this writing, still unfolding, but the character and outrageousness of the acts are far more meaningful than any real danger. Like Trump himself, the followers represent a huge annoyance and disgusting manifestation, but are ultimately, impotent fools.
Regardless of what James Comey might think, as of today, no one in their right mind with any sense of decency or justice can now condone this idea that Trump should not be held accountable for his many alleged crimes. Today ended any possibility of that stance, unless one wants to join his alleged criminal exploits.
The D.C. showdown, from all angles, appears unlikely to be the start of Trump’s “revenge”, but rather the beginning of the end for him
His law suits crashing left and right, his own party “rebelling” against the endless repetition of unsubstantiated fraud claims, and then he pressures his own VP to reject the electoral college vote on January 6th, something that he has no legal power to do.
All in all it’s not been going well recently for Trump. The trend is very likely to continue as the various desperate and potentially illegal tactics play out in what appears to be building to some sort of crescendo on or before the inauguration of President-elect Joe Biden on January 20th.
No, sir, he does not:
The Vice President has the power to reject fraudulently chosen electors.
The Constitution does not give the vice president any such power, period.
“Proud Boys” leader Enrique Tarrio was arrested on destruction of property charges. The judge ordered him to stay out of Washington D.C. and then released him on his own recognizance. Unless he defies the judges orders, he will therefore not be present for the planned “wild” demonstrations that Trump has called for in Washington DC on January 6th.
Since carrying a gun is already against the law in Washington D.C., and Washington DC’s mayor has called in the the National Guard to help local authorities, as needed there is a concerted effort to minimize any potential for violence. According to various local officials, the troops will not be armed and they will be there to assist with crowd management and traffic control.
To borrow a phrase from Trump himself, this, most likely, will add up to a “nothing burger” and a lot of flag waving and yelling and swearing. Meanwhile the electoral count may be delayed by the various objectors but the outcome, a “landslide” win for Joe Biden, does not appear to be in any doubt.
And, although the Right has talked in terms of a “civil war” either in the larger sense of violently pitting Trump “forces” against the entire rest of the US population, and in another sense, between one wing of the Republican party and another, it remains unlikely that either one will be much of a “war” at all in the scariest sense of the word.
Looking at the most extreme opposing view, there is also the fact that all 10 living former secretaries of defense, both as Republicans and Democrats, issued a statement , in the form of an opinion article in The Washington Post questioning, implicitly, Trump’s willingness to follow his Constitutional duty to peacefully relinquish power on Jan. 20. Although they did not mention him by name, they referred to his failed law suits and attempts to overturn the election results.
This warning is meant, it appears, to also be a tacit rebuke of any current pentagon officials that may be considering aiding Trump’s possible plan to engage the armed forces or declare martial law, at any time before January 20th, if there is indeed such a plan in the works. The rumors and evidence, that there may indeed have been consideration of such a plan, involving ideas credited to Retired Lt. General Michael Flynn, former national security advisor and newly pardoned admitted felon, has been discussed in the media and by political insiders, and roundly rejected as both unconstitutional and alarming.
Needless to say, any election related actions involving the military, in any form whatsoever, domestically or internationally, potentially as some sort of distraction or diversion, would be highly dangerous and shocking, to say the least.
Trump tweeted an invitation to his followers to come to Washington D.C. on January 6th for a “wild time”. There are many tweets and a social media barrage to make this into a public spectacle, ardently in the hope that a large turn-out will somehow have an effect on the official counting of the electoral votes. It won’t.
In typical Trump style, the plausibly-deniable-adjective “wild” is meant to imply, depending on which way you spin it, to be harmlessly “high-energy” or a kind of veiled threat of violence by the militant fringes of the far-right.
Many are on edge ahead of this attempt to turn the 6th into something dangerous sounding – and it is right to remain vigilant with all the bizarre twists that have already happened.
As we have stated before, in previous articles, whatever “malarky”, to use Joe Biden’s go to phrase, Trump and his wacko band of followers are planning they will fail and fail miserably.
The telegraphed, scheduled-coup attempt has awoken counter-measures, you can be certain
The massive failures can be easily predicted for one simple reason: everything beyond a “peaceful” and benign protest is against the law and we still have laws and a constitution. For each illegal act the response by the “state” will be 100 times larger and more consequential. And, of course, it won’t take more than a tiny response by law enforcement to quell this fake unrest.
”The massive failures can be easily predicted for one simple reason: everything beyond a “peaceful” and benign protest is against the law and we still have laws and a constitution.”
— D.L.
Trump will whine and bellow that it is not the sate, but rather the “deep-state” that is against him, as it has been (in his mind) all along. He will try to turn himself into some bizarre kind of martyr- hero who is at the same time also a carnival-barker clown.
In his mind, just as with the original run for the presidency, it’s a no lose situation. Either he somehow manages to succeed beyond all reason, or he can continue to monetize the chaos and his position as King of Fools, a world where his marks are, at the same time, his most ardent followers.
There will be no need for him to end up like Mussolini, or to be taken seriously with his tin-pot army. It’s highly likely now, actually, that the military, FBI, CIA and all the rest of the national security apparatus is receiving two messages, related to this publicly telegraphed “coup” attempt.
Be on heightened alert for any activities inspired by Trump’s, basically ridiculous, stunt, and at the same time, do not say or do anything to draw attention to its existence.
Even if there are small disruptions and illegal acts by his most crazed “supporters” these will be small, not-coordinated and local. Washington D.C. will be, as we have seen in Portland and elsewhere, a lot of pick-up trucks with waving flags and people wearing silly red hats.
There is no reason not to be on guard, considering the statements and thinly veiled threats that have been made by so many
This is not to say don’t remain alert. It is truly sad that this kind of behavior is being drummed up by Tump and the least informed and most gullible amongst the population. At the extreme edge, of course, organizations such as Qanon and Proud Boys are very deranged and should not be excused or tolerated in any way.
But the veiled threats that some kind of uprising to bring down democracy and execute a coup by a deluded minority is about to take place , both in the general population and among lawmakers, is just wishful thinking by a deranged man that still, technically, remains president for a few more weeks.
More likely, we will all be witness to Trump’s greatest day of failure in his entire life. Bigger than his 6 chapter 11 bankruptcies, bigger than his many humiliating business and personal defeats, this will be the day that every hope he has to milk some kind of benefit out of losing the 2020 election will die.
And, afterwards, starting on January 7th, 2021 he will have to decide wether he should flee the country and go into exile, or stay and try to avoid the arrests, convictions and incarcerations that are likely in his near future.
Without need for hyperbole, Biden emphasizes the importance of voting blue in Georgia to real world problems
As the minutes wind down until the critically important senate runoff elections in Georgia, President-elect Joe Biden said that, if the two Democratic senators are elected, Americans will receive $2,000 COVID-19 relief checks, and implied it could happen very soon:
‘By electing John and the Reverend, you can make an immediate difference in your own lives, the lives of people all across this country, because their election will put an end to the block in Washington of that $2,000 stimulus check, that money that will go out the door immediately to help people who are in real trouble.’
President-elect Joe Biden
What he is referring to, of course, is that fact that while congress passed the higher dollar amount for the stimulus checks, once the bill got to the senate, currently controlled by the Republicans and Mitch McConnell, the proposed increase was blocked and the previous bill was maintained reducing the checks back to the original $600 figure.
This transpired, in spite of the fact that Trump, in his usual confused and chaotic style, pressured his own party, over whom he supposedly has absolute power, to vote for the higher amount, and therefore they were forced to defy him in order to block the passage of the higher amount.
It is unclear if this was some kind of reckless ploy, perhaps an attempt by Trump to make himself seem like the “good guy”, and to force the senate to look bad in comparison, including, for example high profile senators that might, in the future, want to run against him, assuming he is even eligible to run. As has been seen lately (and for a long time before that) anything is possible regarding his motives.
What Biden is saying, though possibly a bit exaggerated regarding the timing, is nevertheless correct, that with a victory by both Jon Ossoff and the Rev. Raphael Warnock the senate would be evenly split with 50 Democrats and 50 Republicans. In that scenario, the vice president, who will be Kamala Harris once she and Biden are sworn-in, will be able to cast any tie-breaking vote as needed, giving the Democrats the narrowest of margins, but enough to push through the stimulus checks and, potentially, the first order of business for the new administration.
Later in the appearance President-elect Joe Biden reiterated:
[CHEERING]
“And that’s not an exaggeration. That is a literal– that’s literally true. If you send John and the Reverend to Washington, those $2,000 checks will go out the door, restoring hope and decency and honor for so many people who are struggling right now. And if you send senators Perdue and Loeffler back to Washington, those checks will never get there. It’s just that simple. The power is literally in your hands.”
January 6th will be remembered, but not for what Trump’s devotees are threatening
Since the end of the Bush years and Obama’s rise there has been a simple yet devastating truth haunting the Republican Party. The demographic realities do not support a continuation of the racist stance that was the bedrock of the party’s appeal for more than half a century. The Southern Strategy does not work when the non-white majority is growing daily.
Instead of shifting gradually, for example during the eight years of Obama, a bolt from the blue sent the party back to the stone age with a fluke, a mistake of history, called Donald Trump. A “Rhino” who was able to say anyone who disagreed with his disgusting extreme racist politics was the real “Republican in name only”.
That has led to the current “civil war” within the Republican Party. In essence it is the suicide party of Trump, rather dead than rainbow, vs. the “democratic” Republicans, those that believe that the US Constitution and the rule of law should be upheld, even if it means that people of color have a demographic advantage and must be included in government going forward.
Groups like the Lincoln Project and RVAT (Republican Voters against Trump) helped to defeat him and represent a more “sane” idea of what they believe the Republican should be about in the future. In reality, the fanatical backing that a reality show demagogue has managed to assemble is both too large and too sick to change anytime soon, particularly not if that change involves disavowing racism as a core belief.
While talking about his former Party, Schmidt touches on the larger issues for the rest of America
Therefore, as Steve Schmidt, a GOP strategist who co-founded the Lincoln Project, said is a series of tweets this weekend, the coming ‘civil war’, oddly scheduled for January 6th and being announced by many wackos, from “Proud Boys” to Republican senators and congressmen, is not one of a country divided, but the death throes of the Republican Party itself:
“The die is cast for the Republican Party. It will be destroyed on January 6th”
Referring to the suicidal nature of this hopeless attempt to declare a “real” civil war, one where Trump’s 70 million-plus base literally take up arms against the rest of the country including the government, military and law enforcement infrastructure.
The implication that the threatened war would never take hold, that the armed forces and the entire infrastructure of the country is not ready to commit treason in order to save a crying baby who lost an election, is an unspoken phrase underscoring the prediction of what will actually take place:
That date “will commence a political civil war inside the GOP,” he continued.
He also admits that the Trump led “autocratic” leaning Republicans outnumber the p”pro-democracy” wing of the party and, therefore, the party as a whole will collapse.
“The autocratic side will roll over the pro-democracy remnant of the GOP like the Wehrmacht did the Belgian Army in 1940. The ’22 GOP primary season will be a blood letting. The 6th will be a loyalty test. The purge will follow.”
The implication of his words are that the party will be split with the Trump faction to remain, weaker yet held together by zealous insanity, while any sane former Republicans will be “purged” and will have to go it alone:
“Fascism has indeed come to America and as was once predicted it is wrapped in the flag and carrying a cross. This movement must be defeated. It cannot be appeased, accommodated or negotiated with. It must be recognized for what it is and we must all recognize the new age of American politics it has wrought,” he wrote.
The future will eventually reflect current reality; ethnic diversity can not be wished away by racism
What is missing from the post is an answer to the question of what this new fascist Republican party will do with a small minority and a leader who will likely be in exile or jail. Perhaps “Trump the Martyr” will cast a long powerful shadow over American politics for years. More likely he will be immortalized in the dustbin of history.
His most rabid and crazed followers may commit illegal acts, for which they will pay with incarceration or fate, but more than a few impotent and isolated incidents are highly unlikely. Like Trump himself, it will be the incompetence and stupidity, along with the corruption and evil, that will be remembered from his rise, and derided and, rightly, mocked in his fall.
