Odds and Ends — 9 March 2023


81DF8178-04A7-421C-876A-AA35B0BE078B.jpeg

Cryptocurrency, Investing, Money, Economy, Business, and Debt:

Arthur Hayes Proposes Bitcoin-Backed NakaDollar, Which Would Rely on Exchanges to Maintain Dollar Peg

A stablecoin backed by $1 worth of bitcoin and 1x short of a bitcoin perpetual future can be used to provide stability to such a token, Hayes said.

The number of ATMs has declined as people rely less on cash

Mt. Gox registration deadline pushed for another month

Coronavirus News, Analysis, and Opinion:

China’s ‘two sessions’ 2023: Xi Jinping’s call for ‘common prosperity’ risks going unanswered by Covid-weary private firms

Lawmakers clash over COVID-19’s origins at House GOP’s initial hearing

Politics:

“Strongest defamation case I can remember”: Expert says filing shows “Dominion has all the receipts”

Tucker Carlson and the New Narrative of January 6

That Tucker Carlson thinks his viewers are stupid is not new, though his first swing at spinning unseen footage of the January 6 insurrection provides a fresh test of just how credulous they are.
The notable news from Carlson’s show yesterday is not the video itself, which is similarly stale, but the crystallization of a Trumpist narrative about the assault on the Capitol that portrays it not as a disaster, nor as an unfortunate but minor event, but as a triumph to be celebrated.

Cooper: You know, I mean, the idea of Tucker Carlson being in that mob that day and not wetting his pants is hard to imagine pic.twitter.com/vjQ3E97UTs

— Acyn (@Acyn) March 8, 2023

The January 6 Whitewash Will Backfire

It’s one thing to assume that the Fox audience isn’t very bright and will believe almost anything—I will gladly stipulate to that—but it’s another to ask them to leap across a chasm of credulity…
As counterintuitive as it might be, perhaps the best thing for American democracy would be for Carlson to keep bumbling his way through more January 6 footage and to keep images of the insurrection in front of millions of viewers for as long as possible.
If that’s how McCarthy and Carlson intend to restore the image of the GOP as a normal political party, who are any of us to argue with such public-relations geniuses?

Neoliberalism made us broke. Now it’s killing us.

Arkansas Loosens Child Labor Protections

Arkansas Gov. Sarah Huckabee Sanders (R) signed into law this week legislation that rolls back significant portions of the state’s child labor protections.
The law eliminates requirements for the state to verify the age of children younger than 16 before they can take a job.

”If states are the so-called laboratory of American democracy, then Florida is the meth lab of American democracy.”

Biden Boosts Deficit Reduction in Budget Proposal

President Joe Biden’s upcoming budget proposal aims to cut deficits by nearly $3 trillion over the next decade.
That deficit reduction goal is significantly higher than the $2 trillion that Biden had promised in his State of the Union address last month. It also is a sharp contrast with House Republicans, who have called for a path to a balanced budget but have yet to offer a blueprint.

Presidents from both parties make these 10-year projections/claims year after year but have any of them actually panned out?

A Startling Document Predicted Jan. 6. Democrats Are Missing Its Other Warnings.

Serendipity:

Why eating cannabis edibles feels so different from smoking weed, according to experts

BF94AEF6EE1F4649A8CCC739E7C43C7A.jpeg

Image by Pexels from Pixabay

BA732FFB39EA460E871A5F7EE2773E11.png
Badge thanks to @arcange

Join Hive using my referral link

What is Hive?



0
0
0.000
0 comments