From Pine View Farm

Mammon category archive

A Sure Thing 0

At The Philadelphia Inquirer, Jonathan Zimmerman looks at the effects of the sudden burst of sports betting and, in particular, the advertisements therefor. He is less than optimistic. A snippet:

That’s why U.S Rep. Paul Tonko (D., N.Y.) introduced a bill last year to ban sports-gambling advertising, which he likened to advertising for cigarettes. “This is a public health crisis,” Tonko said. “They’ve replaced Joe Camel with celebrity spokespeople.”

Methinks he makes some good points and commend the article to your attention.

Aside:

I find the spate of solicitations for suckers to be most off-putting.

And the thought of a betting app on a phone, well, that’s an invitation to dumb scrolling.

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This New Gilded Age, One More Time 0

The rich get richer . . . .

As of this month, the U.S.’s 806 billionaires are worth a collective $5.8 trillion, meaning that they control 1 in every 25 dollars of American wealth, according to an Americans for Tax Fairness report released Monday.

Due in part to the 2017 tax overhaul by Republicans, led by Donald Trump, this small group has seen an explosion of wealth in an extremely short amount of time.

Since the 2017 Tax Cuts and Jobs Act, U.S. billionaire wealth has doubled, from an already staggering $2.9 trillion. In 2017, none of the richest Americans were centi-billionaires, meaning that they did not have over $100 billion; now, the top 10 U.S. billionaires are all centi-billionaires, according to the report.

More numbers at the link.

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This New Gilded Age, Reprise 0

Cartoon illustrating how the rich are taxed much less than the working and middle classes.

Click to view the original image.

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This New Gilded Age 0

Robert Reich explains that monopolies are back (mostly, in my opinion, thanks to Reagan’s trickle-on economics) and points out that the Biden administration is trying to bust it some trusts.

Or you can read the transcript.

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If One Standard Is Good, Two Must Be Better 0

Title:  If Media Talked about the Donor Class the Way It Talks about College Students.    Frame One, captioned

Click for the original image.

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Facebook Frolics 0

All the news you can lose.

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Nor Any Drop To Drink 0

More mean for the sake of mean.

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The Crypto Con 0

Yes, indeedy-do, it seems that there’s an app for that.

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Self-Made Men Lucky Ducks 0

Sam talks with Professor Ingrid Robeyns about the tendency of persons to attribute to virtue or divine favor that which is actually the result of pure dumb luck.

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Giving America the Business 0

NJ.com reports on what Barry Diller, a businessman with a long track record of success, has to say about Donald Trump’s taking Truth Social public. A snippet;

“I think they’re dopes,” Diller said (of persons buying the stock–ed.). “Who would buy [stock in] a company that … what does it have $30 of revenue? How could you put a value on it? They’re buying it for other reasons, just like they bought theaters when there was no theater business or they bought GameStop or whatever. That’s stupid. It’s stupid stuff.

“Why are you even talking about this? It’s a scam just like everything he’s ever been involved in is some sort of con.”

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Fly the Fiendly Skies . . . 0

. . . and meet the fee hand of the market.

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The New Believer 0

F. T. Rea has a question:

Why has Donald Trump recently decided to become an unabashed, self-styled religious figure?

He also has some answers.

They’re at the link.

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Driven to Destruction 0

Couple in car headed down the highway to Hell as Satan looks on.  Driver says,

Click for the original image.

The other day, I had a very scary experience.

I was behind a Tesla with a little bumper sticker that said, “I’m probably on autopilot.”

I’m just glad I wasn’t in front of it.

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Artificial? Yes. Intelligent? Not So Much. 0

AI CTO goes all “I don’t know” when asked what data was used to “train” her company’s software. Emma and the crew discuss the potential licensing and copyright issues. (Warning: Mild language.)

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Hoist on the Elmer Gantry 0

Image:  Donald Trump before at a book signing autographing his Bibles.  A sign reads,

Click for the original image.

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The Privatization Scam 0

At the Inky, Joshua M. Cowen debunks the school voucher bunk. A snippet:

As an expert on school vouchers, I think about the idea of what’s promised in the rhetoric vs. what actually happens when the real cost sets in. To hear voucher lobbyists tell it — usually working for billionaires like Betsy DeVos, or Pennsylvania’s own Jeff Yass — all that’s needed to move American education forward is a fully privatized market of school choice, where parents are customers and education is the product.

As I testified to Pennsylvania lawmakers last fall, however, vouchers are the education equivalent of predatory lending.

Follow the link for his reasoning.

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It’s All about the Algorithm 0

At Psychology Today Blogs, Christine Louise Hohlbaum discusses David Donnelly’s documentary, The Cost of Convenience, which explores the extent to which corporate digital surveillance has been woven into our society and economy. Here’s an excerpt:

The truth is that every move we make is being recorded, online and off. Through our excessive smartphone usage, so-called digital versions of ourselves are being tracked. Algorithms learn our preferences and keep feeding us more of the same in an endless feedback loop. It has created a deep rift in society, polarizing us to the point of paralysis. In essence, this film is an exploration of how far down the rabbit hole we are. It is about maximizing profits, not optimizing people’s lives.

She ends the article with some suggestions as to how to fight back.

Me, I’m going to keep an eye out for the film.

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Twits Own Twitter X Offenders 0

San Francisco judge dismisses Elon Musk’s empty suit.

Some of the judge’s comments, as quoted in the news story, delight the soul.

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Misdirection Play: Hot Air about Windmills 0

Rebecca Burns, author and journalist based in Georgia, to discuss her recent piece in The American Prospect entitled “Against The Wind.”

Aside:

I think that this story, which appeared in my local rag yesterday, may be an example of the misdirection play discussed in this clip.

Most of the valid reports I’ve seen of harm to whales involve collisions with boats, not with stationary objects.

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The Welfare Queen 0

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