Twitter has decided to eschew actual facts when it does fact-checking of Conservative posters.
The operator of the popular microblogging platform said it will now focus on “context, not fact-checking” when deciding whether to rule a tweet to be in violation of its policies.
They’re stuck on the lower ground in the High Sierras.
If you’re the fact checkers, where are your facts?
Facts? We ain’t got no facts. We don’t need no facts. We don’t have to show any stinking facts.
Their bias is showing.
…according to Walter Russell Mead, in his Monday Wall Street Journal op-ed. He suggested that the world will only wait out the Trump administration, and that the next administration, Trump’s or Biden’s, will face a world grown unresponsive to American leadership, not believing that American society is capable of the role any further.
He closed his piece with this:
Whatever happens in the election, the US administration next year will face a problem even more daunting than the intellectual challenge of crafting a national strategy for an increasingly dangerous time. It will have to convince the world that this time, America really means what its president says.
This overstates the case, and it perpetuates a myth that has suffused too many administrations for far too long.
We don’t have to convince the world of anything, nor should we be defining ourselves in terms of other nations’ approval/disapproval of us. We have only to do what’s best for the United States—which will include ad hoc purpose-designed coalitions, but very few hard treaties.
Putting our nation first—which is not putting our nation alone, as a mendacious press and today’s crop of Progressive-Democrats claim—simplifies Mr Mead’s problem.
“We also have to fundamentally change the way police are trained.” This is what Progressive-Democratic Party Presidential candidate Joe Biden is saying now. He went on:
And the idea of standing there and teaching a cop and an unarmed person comin’ at him with knife and gonna shoot him in the leg instead of the heart is a very different thing.
Never mind that a person with a knife is not at all unarmed. Never mind that the reason police are taught that when they must shoot—and as a last resort, mind you (for all that there is the very occasional bad cop)—they must aim for center of mass so as not to miss altogether, and they must take care for the people and property that may be beyond the person at whom they’re shooting. Never mind that legs are much smaller targets and much more rapidly moving.
Keep in mind, too, that this is the same Joe Biden whose home defense advice is to shoot a shotgun through a closed door, without regard for target identification.
I won’t get into how out of breath Biden sounded or the general level of coherence that seems lacking in the minute-and-a-half clip. Just attend to that bit about police training.
This is the incoherence the Progressive-Democratic Party wants to put into the White House.
Keep a close eye on who they choose for his Vice President candidate, and then think about the 25th Amendment.
Chasing yield is the tactic of going for the highest-yielding investment available at the expense of other considerations. One of those considerations that gets disregarded in the chase is whether the yield being…offered…is radically higher than that of other investment vehicles on the market. If it’s much higher, that yield likely is too good to be true.
Another consideration that gets lost in the chase is the underlying soundness of the issuer. Checking the level of soundness is hard work, often tedious and boring. It’s necessary, though, and it’s equally necessary to avoid the flip side of that: the laziness of just jumping onto a handy get-rich-quick scheme, which is what so much of yield-chasing is.
Hence a cautionary tale offered by The Wall Street Journal.
Exchange Traded Notes are “fund” instruments that pedal other people’s debts aggregated into exchange traded fund-like instruments. They’re centered on
options-based strategies and certificates of deposits whose returns are tied to stocks or currencies.
That last is important. When the stock—or stock indexes—or the currency—or currency indexes—fall, the ETN’s instruments fall in value. And whey those instruments fall below a threshold, the issuer can take them off the market.
The issuer is not the ETN—that’s the bit about not owning the asset. However, when the issuer takes its instrument off the market, the ETN is still stuck, and its value falls, and it falls catastrophically if it’s a leveraged ETN.
And that’s what happened during the current sharp market drop. Before the nascent—and still fragile because it’s built on future expectations, not current economy performance—recovery began, one bank alone was forced to take 15 of its ETNs off the market entirely, wiping those investors’ investments. Folks old enough to know better—retirees—but who were trying to double up to catch up from the Panic of 2008 losses, lost hundreds of thousands of dollars in hard cash money and money they could have had had they been willing to collect profits along the way instead of letting it all right on their roulette/faro/baccarat bets.
Don’t understand what I’ve written above regarding ETN structure (I’ve been deliberately very high level in my description)? That’s a hint. If you’re not clear on the nature of the investment you’re contemplating, walk away from it.
RTWT.
Dave Patrick Underwood was a black man in front of the Ronald V Dellums Federal Building and US Courthouse in Oakland, CA. He was murdered in a drive-by shooting as part of the larger rioting and looting that’s going on throughout California under cover of “protesting” the murder of George Floyd, another black man, 2,000 miles away in Minneapolis, MN.
Underwood was employed by the DHS’ Federal Protective Service, he was on duty guarding the building, and he was in uniform.
California’s Progressive-Democratic Governor Gavin Newsom,
who speaks of the protests that followed Floyd’s death as an example of people “rightfully outraged at how systemic racism is allowed to persist,” said of Underwood’s murder that “no one should rush to conflate this heinous act with the protests.”
Apparently, Dave Patrick Underwood wasn’t black enough to suit Newsom.
Disgusting.