BeautifulMind ♾️

Late-diagnosed autistic, special interest-haver, dad, cyclist, software professional

  • 34 Posts
  • 506 Comments
Joined 1 year ago
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Cake day: June 13th, 2023

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  • You mean something like a third Reich?

    Well, yeah. In very real ways WWII was about upending the post-WW1 order (which was punitive of Germany generally). It’s really interesting to understand how crazy the flows of money were, and how badly the US in particular bungled its role as the issuer of the world’s de facto reserve currency at the time- in the aftermath of WWI, Germany and its allies were made to pay reparations, France occupied the industrial territory on their border, and any money France or Belgium or Holland received in reparations promptly went to American banks, to repay war bonds borrowed to finance the fighting (which had, in turn, been spent in American factories on war materiel, weapons, munitions, etc).

    https://www.theatlantic.com/international/archive/2014/12/the-real-story-of-how-america-became-an-economic-superpower/384034/ (sorry this is paywalled now, it was a really good read when it was available so I’ll summarize briefly)

    By the end of the first world war, all of the belligerent nations’ economies were in tatters, their leadership were forced to inflate their currencies to make payments- but the US declined to inflate its own currency to make it workable for them- and when the US didn’t think about its new role in maintaining a viable world order, it put everyone that owed it anything in the position of paying their debts not in their own inflated currencies, but in US dollars. This essentially collapsed the German economy and its currency, and it was just unnecessary.



  • Grew up in a rural red state. I’ve spent a lot of time trying to really understand their politics, and as best I can summarize, here it is:

    • They are angry about how life has gotten worse for them, economically and culturally.

    • They have very good reason to be angry about that, because it has.

    • They are misinformed about what changed since the 50s and 60s, and too many of them seem to think more racism and sexism will restore their prosperity and dignity

    • They have decided the only thing to do about it any more is to burn everything down until they get the respect they feel entitled to

    • They are sincerely sad and angry it hasn’t worked yet

    The shorter story here, of course, is that the establishment GOP of the late 70s underestimated the willingness of its fascist wing to not die and completely didn’t do the necessary things to prevent the party from being almost completely taken over by fascists




  • All of these locations (Alaska, California, Hawaii, much of eastern Europe) are ones that Russia has at one point in its imperial or soviet history had either outposts or territorial claim to. Of course, much of Eastern Europe was as recently as the 1980s under the Kremlin’s direct control, either as puppet states or as territory Russia or the USSR directly claimed. Finland and Poland in particular have both been completely invaded by Russian forces multiple times, but at the moment they are built up defensively in ways that Russia quite honestly has zero chances of winning against.

    Alaska was territory that imperial Russia claimed before any European country did. It was sold to the US during the Crimean war (1853) because Russia needed the money and in all likelihood it was going to lose it to Britain. Russia established early trading outposts in Alaska and California but sold or abandoned them after wiping out the fur animals they’d come to harvest and trade.

    This talk for the benefit of Russian audiences is about reminding Russians of former imperial or soviet glory, but the problem with that historically is that it wasn’t actually glorious.

    The current propaganda push to get Russians thinking they really have a shot at rolling back the map changes since Imperial times is just an effort to sustain Russia’s modern project: dismantling the post-WWII order in which the West (the US, in particular, but NATO and much of the UN) upholds alliances that Putin sees as against Russia’s interests.





  • It’s true that the cultural left didn’t suppress wages or unions or offshore manufacturing jobs or cause all those farms to fail or any of those other things, but one thing that made the left vulnerable to such charges is that when the Democrats embraced neoliberalism, they implicitly became the party of credentialed professionals. When the Democrats abandoned the working class to compete for the donor dollars the right had long enjoyed, it meant that the working class went from having 1 party for it to having 2 parties actively working against its interests.

    It’s so wild to me that the GOP has been considered the working man’s party by anyone since the 1890s





  • Legitimately, how do they fix this? Like what options are there?

    When it’s a feature and not a bug, you don’t “fix” it, it is working exactly as planned.

    In the first paragraph the article all but prompts the Fed to jack up interest rates, which makes borrowing money more expensive and when employers don’t borrow or spend on payroll, the result is more people lose jobs and when fewer people have money, in theory that should reduce upward demand pressure on consumer goods prices. In short, jacking up interest rates is the Fed’s way of prompting layoffs and wage cuts- by making working people poorer. They’ve been doing this very effectively to keep wages under control, so much so that even when ‘inflation’ like this is just price gouging it’s the first thing Wall Street wants to hear.

    Of course, this ‘interest rates fight inflation’ mantra assumes that the inflation is really caused by too much money out there competing to buy too few goods and services, but when it’s the result of price collusion or just price gouging, it means prices for things went up and wages just went down. (and that in turn makes Wall Street fat and happy)

    In the case of real estate, it’s been established that real estate commissions (and prices) have been inflated due to price collusion among realtor groups- in the case of rents, there is a lawsuit over price collusion driving rents up.

    When it comes to gas prices, that’s less likely to be price gouging but it is very likely to be the consequence of supply/production decisions made with politics in mind, by people that probably stand to gain politically if voters vote against the incumbent.


  • Consider the possibility that the game here does not depend on Trump winning in the Electoral college- all that needs to happen is Biden not winning 271 or more EC votes for the congress to decide the presidency via the Contingent Election process outlined in article2, sec1 clause3 of the constitution, later modified in the 12th amendment.

    In that scenario, each state delegation has 1 vote- and the GOP has enough state-level gerrymanders to control enough state delegations that if it comes to pass that the 12th Amendment process decides the presidency, they are very likely going to be able to install whoever they want.

    If the smart money in the GOP has decided Trump won’t win but it still wants him in the oval, anything that prevents Biden from getting 270+ gets them better odds than any other pathway



  • When you have financial engineers overriding the decisions of mechanical engineers, you get crashy airplanes and eventually, caught up murdering people that might talk to investigators in order to defend those juicy profits

    …sort of like how when administrators and insurance folk and lawyers and judges override the decisions of doctors and nurses, you end up with highly profitable hospitals and people dying for it

    …all a bit like when the bean counters run your software company, layoffs designed to boost stock price by showing investors ‘fiscal discipline’ leaves your engineering teams shorthanded and forces them to de-prioritize bug fixes and dealing with technical debt and rigorous testing and you end up shipping lots of bugs when you release your product