Friday, June 17, 2016

Cheeto Jesus or Unspinnable Ratfuck

Both are top contenders to de-throne #whineylittlebitch as my new favorite hashtag description of Donald Trump. 

From the DailyKos

Thursday, June 9, 2016

I don't think Donald Trump is a racists

So the news this week has been about Donald Trump saying in an interview that he thinks the judge that is presiding over his Trump University fraud case should have to step down because there isn't any way the judge could fairly adjudicate the case since he's of Mexican heritage.  When asked why this would matter to the judge, whom it was pointed out was born in Indiana, Trump said it was because Trump is going to build a wall.

This has been roundly criticized as being racist, and even Republican Speaker of the House, Paul Ryan, said that what Trump said was the "textbook definition" of a racist remark.

While I agree with him that the idea that a man of Mexican heritage can not do a good job because he's of Mexican heritage is a racist remark, I don't think Trump meant it in a racist way.  I think Trump just didn't know what he was actually saying.  I think he doesn't know the ramifications of what he said.  He just has not thought it through because he can't imagine that he would be subject to a logical thought process.

What he thinks, I believe, is that someone who hates him for his ideas has a conflict of interest and therefore should recuse himself.   He doesn't understand that the implications for this is that all he has to do is offend every class of citizen but rich white guys and he's never have to be judged by anybody who doesn't like him again.  Only judges who were also rich white guys could adjudicate cases involving Trump.  He doesn't understand that this is not how our legal system works.

In my mind this is worse than if he was racist.  Even a white supremacist could balance a budget, command the Army, and do the things a President is asked to do.  We know this because they have done it in the past.  But someone who doesn't know the most basic things about how our judicial system works must not be allowed to select the judges of our courts.  He can't be put in charge of this country.  It just can't happen.    

Wednesday, April 13, 2016

We saw this coming...

In the early to mid 90s I was introduced to the Internet.  To be clear, we had been talking about something very similar before this, but those were all private networks like Compuserve or AOL and I myself was a daily user of a bulletin board service (BBS) hosted by the American Embassy in Tokyo.  As an editor/reporter for a monthly high technology and telecommunications newspaper in Tokyo I was up to my eyeballs in stories about ISDN and B-ISDN with fiber to the curb, fiber to the home and Iridium, Inmarsat, and later Teledesic.  I was also following American politics closely since that's just what I do, so I was hearing a lot about the "Information Superhighway" from keynote speeches given by Vice President Al Gore.  I went to a lot of conferences where smart people talked for long stretches about how the information age was going to transform the way our society worked and played.  Not everybody saw this as a good thing.

If the 40 years from the 50s to the 90s were the age of Broadcasting many people began saying that the new era would be one of "narrow casting".  Some of the thought leaders at the dawn of the age of the World Wide Web saw that the future of news and entertainment would be vastly more customizable.  In fact, with Usenet it was already happening where people were only subscribing to news feeds that focused only on the things the subscriber was interested in.  At the same time the ability for anybody to publish anything they wanted to was only limited by their knowledge of how to build a web page (HTML), finding someone to host their "home page" and their time.  Then all they needed was the ability to drive page views to their content.  (In those days there wasn't a lot of competition)

The danger that a few people were talking about was that with all this narrowcasting going on, people's choices in news and information sources would tend to reinforce their own view of the world and insulate them from dissenting opinions.  This would drive them further to which ever direction they tended to live on the "left - right" political spectrum.  This might not be a terrible thing if there wasn't also the problem that nobody is fact checking the things we are being told.  As Abraham Lincoln once said, "You can't always believe the things you read on the Internet."

So now we have one candidate on the right who can say just about anything and his partisans will believe him and another candidate on the left who is considered untrustworthy because of 20 plus years of lies being spread about her by a "vast right wing conspiracy."  The echo chambers on both sides (which I do not exclude myself as being part of) preach to our choirs.  And democracy suffers as a result.   But at least we can say, we saw it coming.      

Wednesday, February 3, 2016

The Big Short - A summary

There's this guy named Walt.  (Wall Street Banks)  Walt has some money and he decides that he wants to loan some to some people for interest.  He is a nice guy and wants to give these people a good rate because they have good hearts and trying to get on their feet and besides, in a few years he's going to jack up the rates.  He tells them this too....somewhere, on one of those pages they signed.  Besides, he's gonna just get someone else to look after that loan anyway.  And also Walt's brother, Andy (AIG) is going to back up Walt just in case things go bad.  Andy just wants to be sure that these loans are sure things, so he has asked Walt to have Mary (Moody) or Sam (S&P) vouch for how good the loans are.  Walt has gone to Mary and told her that he would pay her $50 if she would just give some of these loans her highest rating.  Since Mary is pretty sure that if she doesn't then Walt is going to get Sam to do it, so she does.  "Triple A rating!" she stamps on it.  Sam does this with a lot of other loans too, and sometimes it's Sam and sometimes its Mary but every time it's a "AAA!"

Andy is happily backing up Walt and his loans with his own money because he hopes that when all those loans get paid off, Walt is going to give him some of the profits too.

Meanwhile Walt is dreaming about all that money he's going to get when the interest in those loans piles up so thinking if all that money he is going to have in his pocket he goes to the casino.  And starts betting all that money he's owed.  And other people are betting that he's not going to get that money back.  And people start betting on those bets.  Then other people start betting on the bets on those bets.  And they all say, "Jeeze, wouldn't it be cool if we had even more of those loans we could bet on?"  Walt says he knows just where he can get some.  He meets a few more nice people and some not so nice people, then just a bunch of people who have pulses and stops really caring about if they are nice or not.  He get's more "AAA" from Mary and Sam and YEAH MORE FUTURE MONEY FOR WALT!  Everybody is positive that the loans are an endless supply of fun and happiness, and sex in the Champaign Room!

Then, as per plan, the agreed to interest rates go up.  Dramatically.  Now the people who were given these loans, many of whom were convinced by Walt and his friends that they could afford the payments (including the stripper who bought 5 houses), can no longer make those payments.  Turns out all those AAA were really BBB and were really called "junk".  Walt calls Andy for the promised back up.  Andy, it turns out, can't really help out.  Walt starts to fail, but Walt and Andy's parents see that if Walt fails the whole community will go down the tubes, so they have to the bigger bank and take out their own loan to help bail out Walt.  They let Andy die.  As a lesson to Walt, and anybody who might want to be like Andy.  They complain loudly about Walt's behavior and say things like, we should do things to make sure that Walt never gets too big to fail again.  Mom says "we really need to set up some rules for Walt and...OH LOOK a shiny thing over there....what were we talking about?"  Dad shrugs and Walt goes back to look for more people to loan money to.

Oh...and also, all those people who bet that Walt's loans would go bad?  They made a killing.