"A Clear Signal of Insanity"

From last week. I don't know if it's "insane," but it is pretty . . . weird. (But then a whole lot of things Elon-related are weird.)

As one might have guessed, the demand for Signal exploded after Musk’s tweet.

And as a result, traders naturally looked to the financial markets to see if they could profit from it.

In searching for Signal, what they found was a company called “Signal Advance.”

Are they one in the same?

Not exactly.


Just in case you don't have enough to worry about . . .

I thought about calling this post "Five Horsemen of the Apocalypse" but decided that was a tad melodramatic.  But here are five links to some grim stuff:

"Get Ready For The Californication Of America".

"The American Elite Declares Its Independence From America".

"When ‘Dr. Death’ Came for Me: The Black Art of Political Opposition Research".

"Catastrophe Is All Around Us".

"BlackRock Is Leading A $120 Trillion Investment Boom That Is Upending Wall St.".

 


"Making policy for a low-trust world"

Even Liberals--here, Matthew Iglesias--can sometimes have a good idea. I like his diagnosis and I'm pretty convinced his solution is something that should at least be tried.

The United States of America has become a country with low and falling levels of social trust. This is in some ways a rational response to elite failures, in some ways an inevitable consequence of the public becoming better educated, in some ways an unavoidable side effect of better information technology, and in some ways a deplorable thing that we should try to reverse.

But something I’ve become increasingly convinced of is that policymakers need to acknowledge that it’s a real feature of the landscape and adjust their decision-making accordingly.

In particular, they need to adjust it in an appropriate way. A very large share of the people involved in politics and government are lawyers, and their lawyerly instinct about the problem seems to be that you need to layer on more layers of process. If people are worried about the discretionary use of power, you need to make sure the decision-makers go through an elaborate compliance checklist. But as Princess Leia tried to explain to Grand Moff Tarkin, “the more you tighten your grip, the more star systems will slip through your fingers.”


"Charter schools deliver extraordinary results, but their political support among Democrats has collapsed"

Jonathan Chait, with an exception on an issue or two, is about as Liberal as they come. But here he  fiercely defends charter schools and asks the Liberals who oppose them questions they can't answer.

It’s obvious already that, whatever else Biden may accomplish as president, he will not have the opportunity to end poverty or eradicate the root causes of inequality. Given that limitation, the choice before him on education is either to open more pathways for Black and brown urban children to enter the middle class or to close them down. The old excuse, that we don’t know if these schools help these children, is no longer plausible. The question is whether we care.