Steve Randy Waldman
@interfluidity.com

Abnormal Returns, old-school finance blogger and link blogger is here! @abnormalreturns.bsky.social

Steve Randy Waldman
@interfluidity.com

democracy, whatever.

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Steve Randy Waldman
@interfluidity.com

In any case, China seems the senior partner in that relationship, so even if their current “no limits” partnership holds, if European countries are China-allied, it seems unlikely Russia would risk something, um, bold.

in reply to this
Steve Randy Waldman
@interfluidity.com

one path by which this event may mark the end of the American century is that whatever vestiges of a soft power / aspirational advantage the United States still had over China is lost. 1/

Steve Randy Waldman
@interfluidity.com

if the indispensable nation is going to be a venal autocracy anyway, China may seem a lot more attractive than the United States. alliances and inclinations of the US’ erstwhile foreign partners may quickly reconfigure themselves to that. /fin

in reply to self
Steve Randy Waldman
@interfluidity.com

thanks!

in reply to this
Steve Randy Waldman
@interfluidity.com

is there a way to download archives of one’s BlueSky posts?

Steve Randy Waldman
@interfluidity.com

“We're still the same country that we were on Monday. We just have changed our form of government.” @hcrichardson.bsky.social youtu.be/D7cKOaBdFWo

Link Preview: 
Jon Stewart on Trump’s Win and What’s Next w/ Heather Cox Richardson | The Weekly Show: YouTube video by The Weekly Show with Jon Stewart

Jon Stewart on Trump’s Win and What’s Next w/ Heather Cox Richardson | The Weekly Show

Link Preview: Jon Stewart on Trump’s Win and What’s Next w/ Heather Cox Richardson | The Weekly Show: YouTube video by The Weekly Show with Jon Stewart
Steve Randy Waldman
@interfluidity.com

i feel like some random kidney cell still kidneying in the body of a thing that just blew its own head off.

Steve Randy Waldman
@interfluidity.com

The title of the Frank opinion piece is terrible — sabotage, I think, by editors at the Times. The piece literally does not use the word “elite”, not once, beyond the title that they slapped on it. 1/ www.nytimes.com/2024/11/09/o...

Link Preview: 
Opinion | The Elites Had It Coming: Democrats got exactly what they set out to get, and now here we are.

Opinion | The Elites Had It Coming

Link Preview: Opinion | The Elites Had It Coming: Democrats got exactly what they set out to get, and now here we are.
Steve Randy Waldman
@interfluidity.com

I gotta say, the exuberant dunking of the piece crowding my timeline reinforces rather than challenges the thesis. The timeline doth protest too much. 2/

in reply to self
Steve Randy Waldman
@interfluidity.com

Why is it so painful to wonder if Democrats’ repeated choice to downplay New-Deal-style liberalism and run on a business-friendly optimistic centrism may have played a role in Harris’ loss (and Clinton’s)? 3/

in reply to self
Steve Randy Waldman
@interfluidity.com

(The tragedy, of course, is that the Biden-Harris Administration *governed* in the tradition of New-Deal-style liberalism. But they were shy about touting business-controversial achievements like successful antitrust suits. They did the actual work, but preferred to talk about other things.) /fin

in reply to self
Steve Randy Waldman
@interfluidity.com

from Thomas Frank www.nytimes.com/2024/11/09/o... (the piece is badly titled.)

Text:

Liberals had nine years to decipher Mr. Trump's appeal - and they failed. The Democrats are a party of college graduates, as the whole world understands by now, of Ph.D.s and genius-grant winners and the best consultants money can buy. Mr. Trump is a con man straight out of Mark Twain; he will say anything, promise anything, do nothing. But his movement baffled the party of education and innovation. Their most brilliant minds couldn't figure him out. Text: Liberals had nine years to decipher Mr. Trump's appeal - and they failed. The Democrats are a party of college graduates, as the whole world understands by now, of Ph.D.s and genius-grant winners and the best consultants money can buy. Mr. Trump is a con man straight out of Mark Twain; he will say anything, promise anything, do nothing. But his movement baffled the party of education and innovation. Their most brilliant minds couldn't figure him out.
Steve Randy Waldman
@interfluidity.com

“How Harris Lost the Working Class” by @davidsirota.com jacobin.com/2024/11/harr...

Link Preview: 
How Harris Lost the Working Class: Workers rejected Kamala Harris because she chose to campaign in a fantasy world where villains other than Trump are rarely named and nobody has to choose whether regular people or billionaire oligarch...

How Harris Lost the Working Class

Link Preview: How Harris Lost the Working Class: Workers rejected Kamala Harris because she chose to campaign in a fantasy world where villains other than Trump are rarely named and nobody has to choose whether regular people or billionaire oligarch...
Steve Randy Waldman
@interfluidity.com

during the 1920s and 1930s, “fascist” was a descriptive term, referring to particular political movements and politicians. by the 1960s, those movements and politicians were so fringe, so widely considered beyond acceptability, the term became a mere epithet. in the 2020s, it is descriptive again.

Steve Randy Waldman
@interfluidity.com

if they had actually understood what they were doing as politically motivated, they would have known that if you come for the once-and-potentially-future king, you'd better not miss. for all the accusations of lawfare, that wasn't in fact how they saw what they were doing. and so here we are.

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Steve Randy Waldman
@interfluidity.com

"How Baltimore Locals Beat A Right-Wing Media Tycoon" by Marcie Jones www.wonkette.com/p/how-baltim...

Link Preview: 
How Baltimore Locals Beat A Right-Wing Media Tycoon: And told him to F on off!

How Baltimore Locals Beat A Right-Wing Media Tycoon

Link Preview: How Baltimore Locals Beat A Right-Wing Media Tycoon: And told him to F on off!
Steve Randy Waldman
@interfluidity.com

liberal elites are constrained by manners — which they understand as scruples — from fully adopting, endorsing, or even tolerating certain cultural signifiers perceived as working class. right-wing elites have no such scruples, so are able to adopt any cultural signifiers that help them win power.

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Steve Randy Waldman
@interfluidity.com

people act like i’m not resisting because all i do is sit on the couch and watch tv and eat junk food. what they don’t notice is i’m eating Cheetos.

Steve Randy Waldman
@interfluidity.com

it is really hard. i hate the shit my kid listens to. but i don’t forbid it. my wife and i try to keep open an invitation to a civilized worldview, without letting the crap he will inevitably be exposed to seem edgy or insider or delicious forbidden fruit.

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Steve Randy Waldman
@interfluidity.com

[new draft post] It's the parasocials, stupid drafts.interfluidity.com/2024/11/08/i...

It's the parasocials, stupid

Steve Randy Waldman
@interfluidity.com

yeah. i suspect the first order of these calls is to say all of that is gone. for all the sacrifice Ukraine might have hoped the sop of a diminished NATO, but no, not even that. but hey, it wouldn’t have been much anyway, as you say, why get hung up on symbols?

in reply to this
Steve Randy Waldman
@interfluidity.com

to salve the wound, Trump / Elon can console Zelensky that while, sure, there will be territorial concessions and no NATO membership, there won’t really be much of a NATO anyway so that’s not giving up all that much, is it?