Odds and Ends — 20 October 2024


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

Tether’s USDT hits record $120B market cap, flashing ‘Uptober’ signal

America's new 'economic supercycle'

Bitcoin Isn't at a Record Like Gold and S&P 500, but an Overlooked Catalyst Suggests a Coming Change

Coronavirus News, Analysis, and Opinion:

Does Hyperbaric Oxygen Therapy (HBOT) Help Treat Long COVID?

Politics:


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Trump Tries to Rewrite History of January 6

Donald Trump on Friday tried to revise the history of the deadly attack on the Capitol by a pro-Trump mob, as new details in the federal prosecution against him were made public by the judge in the case.
His attempt to recast the events of Jan. 6, 2021, came on the same day that he compared his supporters who were arrested, convicted and imprisoned for their actions at the Capitol to the victims of the Japanese internment camps in the United States during World War II. And it followed a recent remark in which Mr. Trump declared Jan. 6 a day of ‘love.’

Trump’s Intelligence Chief Suspects Putin Blackmail

Trump Suggests Abraham Lincoln Should’ve Let the South Keep a Little Slavery

It’s not exactly clear what Trump thinks Lincoln should have done to ‘settle’ the dispute between the North and the South, the latter of which seceded from the Union largely because it wanted to keep enslaving people. Does Trump think Abe should have come to the negotiating table, Art of the Deal–style, and let the South keep some slaves? Because that’s what it sounds like.

Elon Musk Veers Into Clearly Illegal Vote Buying

Though maybe some of the other things Musk was doing were of murky legality, this one is clearly illegal.

Pro-Iranian Account Leaks Alleged U.S. Intel

U.S. officials are extremely concerned about a potentially major security breach after two alleged U.S. intelligence documents about Israel’s preparations for an attack on Iran were published by a Telegram account affiliated with Iran.

Netanyahu Calls Drone Attack Assassination Attempt

Israeli Prime Minister Benjamin Netanyahu described the Hezbollah drone attack on his home as an assassination attempt.
Said Netanyahu: “The attempt by Iran’s proxy Hezbollah to assassinate me and my wife today was a grave mistake.”

Um, Israel has recently killed the leaders of both Hezbollah and Hamas. Did Bibi really not consider that there might be personal blowback?

What Elon Musk Really Wants

In Elon Musk’s vision of human history, Donald Trump is the singularity. If Musk can propel Trump back to the White House, it will mark the moment that his own superintelligence merges with the most powerful apparatus on the planet, the American government—not to mention the business opportunity of the century.
Many other titans of Silicon Valley have tethered themselves to Trump. But Musk is the one poised to live out the ultimate techno-authoritarian fantasy. With his influence, he stands to capture the state, not just to enrich himself. His entanglement with Trump will be an Ayn Rand novel sprung to life, because Trump has explicitly invited Musk into the government to play the role of the master engineer, who redesigns the American state—and therefore American life—in his own image.

Trump’s Path to Overturning a 2024 Defeat

Four years ago, a sitting president — rejected by American voters — attempted to seize a second term anyway, plunging the nation into confusion, conflict and, in its last gasp, violence.
Now, Donald Trump’s political comeback has revived a sense of dread among the officials and institutions who stood in his way last time: Could it happen again?
Dozens of interviews with people deeply familiar or involved with the election process point to a clear consensus: Not only could Trump make a second attempt at overturning an election he loses, he and his allies are already laying the groundwork.

Serendipity:

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That last story is truly lovely.

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