Saturday, October 23, 2021

"We're Done For! We're Done For!"

Well, we're supposed to be.

[State] Sen. David Rader [OK-R for Racist]made the remarks during testimony before the Legislature from a criminal justice policy analyst, Damion Shade, about the racial wealth gap, according to a report from KFOR.

Radar told Shade that he didn't mention "yellow families" until "well into his presentation."

"You left yellow families out for quite a while," Rader said. 

"You mean Asian Americans?" Shade responded.

"You use black term, white term, brown term so I was just gonna jump in there with you," Rader said.

"I was just making sure, making sure I understood," Shade said.

"Asian distraction," Rader said.

"Asian Americans," Shader responded, correcting him.

"Because their experience has been totally different than many … others that have come over," Rader said.

In a statement to KFOR, Rader said: "I've spent my entire life as a football coach and educator, fostering opportunities for individuals of every race and background. As a legislator, I have continued this important work because I believe each and every person in our state and our country should have an opportunity to pursue the American Dream. As I've done throughout my career, I am committed to eliminating barriers that might make the pursuit of that dream more difficult."

We must defend the right of white men to refer to other people in terms of primary colors!  Since this was in Oklahoma, I'm just surprised he didn't refer to the problems of the "Red Man."

And MTG is worried about white people in jail!  This is a serious problem, people!

What about all the people who are rotting in jail?" Greene responded as she was escorted away by Sessions, apparently referring to detained Capitol rioters. "Why don't you worry about them?"

Well, a specific group of white people.  In context, she was being asked about the vote to hold Bannon in contempt of Congress, and of the people arrested for January 6th.  Justice, as ever, is what is done to them, and not to us.

"This can also be said of TMTG," Jones writes. "It is a business starting from ground zero with multiple hurdles in front of it. From its press release TMTG's business will be, 'create a rival to the liberal media consortium and fight back against the "Big Tech" companies of Silicon Valley, which have used their unilateral power to silence opposing voices in America.' Along with a social network, named 'TRUTH Social.' It will be a large hill to climb going against established social media companies."

If I remember the mortage loan instruments story correctly (the one in the movie?  With Christian Bale and Margot Robbie and a bunch of other people?  Or is my memory completely swiss-cheesed?) mortages were bundled into complex "instruments" which "smart people" bought into as a way of getting a good ROI, except it was a Ponzi scheme (of sorts; not technically, but near enough for dammit) where the first people in were lucky (and smart) if they sold out early, but that couldn't last forever, and it didn't.

I read elsewhere the price of the stock for this non-existent entity with no assets and no earning, went up again Friday.  The explanation was people were buying it in hopes of seeing it go up further, so they could cash out quickly and make a decent return.  Again, that can't go on forever; which is what Forbes is getting at.  The thing is, we've seen this movie before:

He [Jones] goes on to note that Trump "has a very poor track record running companies."

Trump has previously run only one publicly traded company, called Trump Entertainment Resorts, which included many of his Atlantic City casinos, the Washington Post reported this week.

"The company operated for roughly two decades, starting in 1995," the Post reported. "For Trump's investors, it was a disaster: The company lost more than $1 billion, its stock price nosedived, and it filed for bankruptcy three times, in 2004, 2009 and 2014. ... But Trump himself did well: The struggling company paid him more than $44 million in salary, bonuses and other compensation."

Fools and their money are soon parted.  There's a sucker born every minute.   The WSJ says:  "Be afraid!  Be VERY afraid!"

Noting that the stock has soared since it went public, the Journal noted that Trump Media & Technology Group, of which he is the CEO, could be a big player in "a crowded field of right-leaning sites and social networks, thanks to Mr. Trump's prominence and online following."

But none of those "right-leaning sites and social networks" is doing bupkis right now, nor is likely to.  Twitter, YouTube, Google, and Facebook continue to dominate the social media field.  TRUTH Social is likely to have as much impact as Lindells' Frank.  Besides, what does Trump know about building a web site, much less a social media platform?  About as much as he knows about building casinos.  The biggest difference is, casinos require actual physical buildings, which Trump does know how to build.  Internet sites?  Trump knows two words:  "servers" and "algorithms."  He has no idea what they mean.

He'll be lucky if there's any money to bleed out of this one before Mastodon has him shut down.

Yeah, it's all over but the shoutin'....

Although I do wonder what's wrong with us: 

Not sure who "they" are; not sure I want to find out, either.

1 comment:

  1. It took me about ten seconds to remember that "Lindell's Frank" wasn't a hot dog.

    Trump's "Truth" is a scam that won't last as long as his steaks did. He's just riding the crest of the cretins.