“It’s really concentrating the power very directly into the person of Donald J. Trump, as opposed to the president more broadly, or to the parts of the executive branch that would have the delegated authority to do this”

so this sounds like quite the opposite of the nippon “golden share”: “The government’s investment in Intel will be a passive ownership, with no Board representation or other governance or information rights.”

i guess a “golden share” is some kind of bespoke contract? does it have a place in a firm’s capital structure?

what is the legal form of the “stakes” he takes in companies? does the US Treasury become a regular shareholder or what?

(probably the contemporary politician most on point on this beat is Elizabeth Warren, but i think our political future may be quite discontinuous so it’s hard to what people or institutions might be plausible for restoring accountability.)

(i usually prefer the advertiser to the ad seller, so i try very hard to avoiding clicking through anything sponsored, even when i'm gonna buy!)

people did go to jail for Enron! in that sense, GWB did a better job than BHO. en.wikipedia.org/wiki/Jeffrey...

Enshittification as a macro phenomenon, Cory Doctorow riffing on Pavlina Tcherneva.

When you think about it, isn't Helen Andrews the only *real* feminist?

hate the post, not the poster.

“Per capita wealth…should be limited to a maximum of $10 million.” // modern states are both extractive machines for war and domination and the enablers of social coordination at scale that make modernity possible. retaining coordination while restraining the assholes is an existential challenge.

[tech notebook] Zip-A-Dee-Doo-Dah https://tech.interfluidity.com/2025/11/06/zip-a-dee-doo-dah/index.html

one of the difficulties mercies of existence is that no matter how profoundly you fail, not only are you permitted another chance, it is obligatory that you take it, the alternative is justly forbidden.

yes. no new contempting that i know of!

a lot of people should go to prison. but Bannon’s just a pundit. he didn’t break any laws. (at least that i know of!) the Doge kids, Musk, Noem and various ICE functionaries, have legit reason to fear return of the rule of law. Bannon just likes to make himself the hero by making himself the victim.

next to nothing is much more valuable than a trillion dollars, then.

😢

the most interesting and important part of AI is generating the training data. we should just be better paid for it.

tasty AND aerodynamic!

i think part of the worldview of the moderate Republican is it’ll be okay because the Democrats will clean up after our guys’ excesses. i’m not sure they’ve cottoned to just what a degree of catastrophic success they’re now, um, enjoying.