Naked Captalism is one of my favorite sites, both for its radical political commentary and the vigorous discussions that follow from it; now, John Siman has posted a review of my latest book, Radicalized, which collects four intensely political science fiction stories about our present day and near future.
Hubert Horan (previously) is a transport industry analyst who has written more than 20 essays for Naked Capitalism as well as two peer-reviewed scholarly articles explaining why Uber is a "bezzle" — that is, a scam that can't possibly ever make money, no matter how much it preys on drivers, ignores passenger safety, and destroys safe, regulated taxi businesses. — Read the rest
All the Democratic frontrunners outpoll Trump, but Bernie beats him 50-42 in a new Surveyusa poll; Biden has the same margin, while Warren and Harris have leads that are smaller than the margin of error. (via Naked Capitalism)
Yougov conducted a poll with the Victims of Communism Memorial Foundation and found that 70% of millennials would happily vote for a socialist and that half of millennials and Gen Z have an unfavorable view of capitalism — all figures that have climbed since the same poll was conducted last year. — Read the rest
In 2017, Banksy painted a giant mural on a wall in Dover, England depicting a worker chiseling a star off the EU flag, by way of a comment on the Brexit vote; now, parties unknown have painted over that mural, whitewashing it. — Read the rest
Uber — a bezzle — projected $8b in losses this year; but it lost more than $5b in a single quarter, and despite an initial stock price rise (dead cat bounce?) the company's shares have tumbled by more than 10% since, hitting an all-time low. — Read the rest
The Royal Institution of Chartered Surveyors' latest UK house price survey blames Brexit for continued declines in property prices in London and the southeast, "the worst slump since the financial crisis," with far more supply than demand. (via Naked Capitalism)
"It's hard to sum up what happened tonight. But most of it was a bunch of guys with no chance to win the Democratic nomination yelling Republican talking points at the people who can. It was like watching the seven dwarves offering Snow White a poison apple."
Amazon's tax bill in 2017 was $0. Trump was very vocal in his disgust at this situation and pledged he would make them pay their fair share. It's been a year, and Amazon's profits are way up ($11.2 billion!) but their tax bill remains precisely $0.00. — Read the rest
Greta Thunberg's Joan of Arc-grade tongue-lashing to the world's leaders at the UN makes for some incredible mashup possibilities: it's not merely that her excellent delivery lent itself to death metal, but also her use of the phrase "right here, right now," was tailor-made for insertion into Fatboy Slim's track of the same name — hence Fatboy Slim himself playing Twitter user David Scott's remix at a gig in Gateshead.
From June 9-12, Fox News commissioned pollsters Beacon Research (D) and Shaw & Company (R) to survey 1,001 representative Americans; the poll concluded that if the election were called today, Sanders would beat Trump by 9 points, 49%-40%, as would Biden; Warren would beat him 43%-41%; Harris would beat him 42%-41%; and Buttigieg would beat him 41%-40% — Sanders has acknowledged that "polls go up and polls go down." — Read the rest
Jamie Dimon (previously) is the Jpmorganchase CEO who committed a $13b mortgage fraud and whose company received $25B in TARP bailout money, $500B in low-cost federal loans, and billions more through the bailout of their insurer, AIG.
"Fight the Traitors Together" (motto: "Hong Kong is part of China and this can't be meddled with by outside power") is a web-game that has attained new popularity in mainland China; it invites players to locate with caricatures of real Hong Kong protest leaders and slap them or pelt them with rotten eggs.
Retired journalist John Richard's founded the Apostrophe Protection Society in 2001, its mission to convince people that apostrophe's denote missing letter's and possession, but never plurals.
A Hill-HarrisX survey found that 58% of Americans "support government-funded public college tuition and the cancellation of student debt for the more than 44 million Americans who currently hold it."
Goodwill Industries, purveyors of thrift-stores, are currently the second largest provider of Massive Open Online Courses (MOOCs), and on track to become the leader, through their GCF Global Online Portal, which provides free courses in English, Spanish and Portuguese with an emphasis on job skills: "reading, math and understanding money and personal finance to computer, email and Internet basics to digital skills and mastering widely-used tools such as Microsoft Office and QuickBooks," which then dovetail into a job-placement service the charity runs. — Read the rest
For the first time, the most common US bill in circulation is the $100: these benjamins aren't being used to transact our daily business — they're the preferred form of savings after a long spell of low inflation and nonexistent interest rates, when there are so many obvious reasons to distrust the banks. — Read the rest
One of the best work trips I ever took was the overnight train from London King's Cross to Edinburgh: I had a comfortable berth, went from city centre to city centre, arrived rested and refreshed, and did not have to endure the indignities and discomforts of air travel.
The historical excuse for pharma monopolists who conspired to rig prices on insulin was that hardly anyone paid full price — everyone got their life-saving, non-optional medicine through health plans that negotiated a knock-down price.