Elon throws tantrum, blocks conservative reporter for exposing his wild immigration lies 

Boing Boing/MidJourney

The worms in Elon's brain have been more active than usual lately. This week, the parasitic creatures made him block a conservative Washington Examiner reporter for having the nerve to disprove his lie about Biden's immigration policies.

Posting to Xitter, Anna Giaritelli, a Homeland Security reporter for the Examiner, gave her account of what happened:

Elon Musk followed me on X a couple years ago and has shared my work and been willing to respond to DMs about stories from time to time, including a back and forth we had for a story on the Secret Service last week.

Read the rest

Wealthy Dems and their backers hate Bernie (and Warren) for the same reason they hated Kucinich: he wants to tax the rich

Matt Taibbi's (previously) latest Rolling Stone column traces the long history of rich Democrat donors and the officials whom they fund attacking progressive candidates, showing how the same playbook used to attack Dennis Kucinich in 2003 is now being rolled out to attack Bernie Sanders and Elizabeth Warren (I am a donor to both the Sanders and Warren campaigns).

Yellow Vests stand for and against many contradictory things, but are united in opposition to oligarchy

From a distance, it's hard to understand the nuance of the mass "gilets jaunes" protests that rocked France; with one in five French people identifying as a yellow vest and more vests marching in Basra, Baghdad and Alberta (and with Egypt's autocrats pre-emptive cracking down on the sale of yellow vests ahead of elections), it's clearly a complicated and fast-spreading phenomenon.

Tomorrow is the tenth anniversary of the collapse of 2008 and things are much, much worse

Nobody covered the Wall Street collapse, bailout, and corrupt resurgence better than Rolling Stone's Matt Taibbi, from giving Goldman Sachs its unforgettable epithet to covering the hearings on the bailouts to documenting the foreclosure mills, to deep dives into the sweetheart deals the banks got; to the revolving door between finance regulators and the finance sector to the rise of Occupy; to the consolidation of financial primacy after the collapse; to the double-standard for criminal justice revealed by the collapse; to the frauds that surfaced after the crash; to the tiny bright spots where bankers were brought to justice; all capped by an incandescent, outstanding book about the crisis and the systematic racial and economic justice it revealed.

Candidate Trump's racism strategy is failing President Trump

When Trump was on the campaign trail, he had a surefire racism strategy: he'd say something horribly racist ("Mexicans are rapists") then refuse to back down (giving comfort to overt racists), then finally back down a little (giving comfort to closet racists), then complain that the press wouldn't accept his apology (reinforcing his point that the media was unfair to him and pleasing his whole base).

Bank fraud and Dieselgate: how do we design regulations that are harder to cheat?

Tim Harford points out that Dieselgate — when VW designed cars that tried to guess when they were undergoing emissions test and dial back their pollution — wasn't the first time an industry designed its products to cheat when regulators were looking; the big banks did the same thing to beat the "stress tests" that finance regulators used to check whether they would collapse during economic downturns (the banks "made very specific, narrow bets designed to pay off gloriously in specific stress-test scenarios" so that they looked like they'd do better than they actually would).

Obama's legacy: eight years of not holding executives criminally responsible for their companies' misdeeds

The most remarkable criminal justice story of 2017 is that the FBI has arrested a real corporate criminal, a VW executive who tried to engineer a coverup of the Dieselgate scandal, and that he might go to jail — it's remarkable because the Obama administration spent eight years resolutely not sending criminal executives to jail, preferring instead to let their corporations buy their way out of criminal sanctions with huge fines, a doctrine pioneered by Obama Attorney General Eric Holder back when he worked for Bill Clinton's administration. — Read the rest

Ireland (finally) jails three bankers for role in 2008 crisis

The three senior bankers who were sentenced on Friday are among the first to go to jail for illegal actions that contributed to the global economic crisis of 2008, which triggered waves of global instability, which contributed to the ongoing refugee crises and wars, mass unemployment, crippling austerity, the near-collapse of the Eurozone, Brexit, and soaring inequality.

What the Pentagon learned from Muhammad Ali

Matt Taibbi takes to Rolling Stone to tell us about the lessons that the US military learned from the powerful bruising it received from Muhummad Ali's refusal to fight in Vietnam: namely, that America should fight its wars with all-volunteer armies whose ranks were disproportionately drawn from the poor and desperate, which dissipated the political pressure that arose from drafting the rich, the powerful and the famous to fight.

The best piece about Donald Trump published this election cycle

Matt Taibbi is one of our decade's best observers of corruption and abuses of power, combining careful research with flamboyant, HS Thompson-esque verbal pyrotechnics, an absolute gift for coinages (Goldman Sachs will never fully shed his description of the firm as "a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money"), matched by real insight into the American political psyche.

Donald Trump does politics like US TV, which is why he's so popular

Matt Taibbi is on fire as ever in Rolling Stone, analyzing the weird relationship between Donald Trump and the media: he does politics in just the way that cable news reports on it: disjointedly, without empathy or nuance or complexity. Unlike polished American politicos, Donald Trump is a TV watcher, and he knows how to speak to his people.