IndyCar on NBC got interrupted by breaking news coverage of a presidential candidate for the third time this year (both Trump shootings and Biden stepping down). Meanwhile, Trump introduced reggatón singer Nicky Jam saying "she's hot!" before he walked to the stage.
So the Twitter Spaces thing happened and by all reports it was a disaster. This was a one-on-one interview with Trump and he didn't know anything about the project at all and just drifted off onto other topics when asked direct questions. Even the pro-Trump crypto bros were in agony wanting it to end. Supposedly the project is being run by Trump Jr and Eric, but the real genesis and driving force of the project was Baron (likely from some "buddies" who glommed onto him hoping to hype a scam to his father). No one in crypto thinks this is some sort of real de-fi project. It's just a crap coin with a fig leaf of a financial organization to give it a story. They will make a little hype, the people with the 70% slowly sell into the market, and they leave with real money while MAGA suckers are left with magic internet beans. I think they designed this so it doesn't have to have a rug-pull or fake hack to extract money out of it because those would tarnish Trump's name. This is just going to go until they run out of suckers and then be abandoned.
Is it wrong of me to have burst out laughing reading that, (entirely accurate I'd imagine), description of what happened?
How does the ponzi work? Company issues fake magic beans Insiders sell fake magic beans to bagholders Price crashes - bagholders hold the bag This was a standard mode for some of the hyped valley shitcoins IIRC - i am thinking back in the day of Apes and other garbage. They helicopter out shitcoins to adopters to hype it, the Valley VCs unload, then months later everyone else is left holding the bag. This was so popular with VCs because it was figured to be a much quicker way to make a ROI on your VC $ by unloading your coin allocation than actually building a company that you could then get new waves of investment and eventually go public
I am interested to see how the latest assassination attempt impacts the orange idiot's mental health. He likely has unresolved PTSD after the first one, but this one happened while he was golfing. As we all know, golfing is his favorite hobby. Being a sociopathic narcissist, he will probably still go golfing, but those around him might try to dissuade him. If they do, he's likely to lash out even more than he already does, given he wouldn't have his favorite "stress-reliever" to turn to and we all know he's incapable of processing emotions like an adult.
I have to admit that for the last week or so I thought Laura Loomer was Lara Logan. Glad it's not Logan.
I don’t even have to know who Logan is to have grounds to suspect that “nearly” is doing an awful lot of work in this sentence
I'm not sure if you are talking crypto or stock, but honestly it's the same game. For crypto startups this was replaced by the rug-pull model (also taken from the world of stocks - this is the classic penny stock tactic from ages ago) because that got you more money more fast. The people that believed in projects got burned enough to stick to the major players now, and no one liked it when the people behind a project start slowly pulling out. So now you extract as much as you can before anyone can figure out what is happening. The customers for the modern crypto startup are gamblers, hoping to time the pump and they know it's all a con too. I wonder how well World Liberty Financial will work. This depends on people new to crypto, and it isn't as easy to start trading crypto as it is to start trading stocks. And if they ask their grandkids to do it they are going to get an earful about how it's a scam. Today's high school and college age people are very anti crypto. Maybe it's less about the money and more about a story where Trump is again beset on all sides by the Deep State. I mean, that's the smart play. From what little I saw of the interview, Trump has no idea what's going on.
Lara Logan was a mainstream journalist up until she was gangraped by a crowd during the Egyptian revolution - she continued to be a journalist but her stories got more out there and she subsequently went from CBS to Sinclair to Fox to unemployment. She's pretty much a full time conspiracy theorist now.
I think this goes best here. https://www.lawyersgunsmoneyblog.com/2024/09/the-sordid-politics-of-the-kabul-evacuation It’s a measured take on the Afghanistan withdrawal. To me, the best, strongest, most important point is that withdrawing was inevitably going to lead to a lot of deaths, but the execution of the withdrawal plan was pretty good, because 13 dead Americans is at the low end of before-the-fact likely outcomes. The article also talks a bit about the WHY of the politics here, but I think it’s kind of obvious to the regulars here. The Blob runs our foreign policy in terms of assumptions and values and decisions, and the MSM and The Blob are all but Siamese twins.
As a POC, you do NOT pursue a career in law enforcement. It will lead you to dehumanize your own people who've been accused by Ruby and Victoria..
I'm trying to pick up on the identity of "the blob" by context and getting nowhere. Could you give me a clue here Dave-- it's getting tiresome?
The Blob is the name given by lefty journos (and maybe now on the Right too) to describe the policy intellectuals who move from think tanks to undersecretaries to professorships. It’s the foreign policy establishment. And ideologically, they’re not too far from being classic neocons. The Blob never thinks less aggression is the correct policy, they obsess over “what message are we sending to the world?” In a case like Afghanistan, whatever any Individual’s thoughts about whether or not to withdraw, none of them ever think the answer is “now.” The Blob doesn’t acknowledge the agency of the rest of the world. In all sincerity, I hadn’t thought The Blob was all that obscure. Sorry about that. I’ll try not to slip into Jitty territory.
Yes, I would have dismissed Nat Turner's heroic actions. You really lack appreciation for context, and would have called Mr. Turner a beast
It does appear that they are getting bitten by the attack dogs they themselves trained, which does make it somewhat different in effect, though...