Never complain, never explain
Joined July 2013
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Last paragraph of MacIntyre’s After Virtue:
"It is always dangerous to draw too precise parallels between one historical period and another; and the most misleading trajectories of this kind are those which have been drawn since the Enlightenment between our own age
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This time however the barbarians are not waiting beyond the frontiers; they have already been governing us for quite some time. And it is our lack of consciousness of this that constitutes part of our predicament. We are waiting not for a Godot,
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Prole Drift retweeted
Young men with kids voted to the right of men without kids by 40 points.
Young women with kids voted to the right of women without kids by 35 points
ALT Bar chart: vote margins of voters 18-44 by sex and kids. Source: CNN Voter Poll, Nov 4, 2026. @smirkley
Prole Drift retweeted
$BX Blackstone Co-Founder Stephen Schwarzman on Bloomberg: "Last year, 2025, we built the same number of houses in the United States as we did in 1960. Is that even vaguely possible that the country's population has over doubled and we're still building the same number of houses and people are surprised that the price of houses has gone up? So the solution for this is basically build more stuff. It couldn't be simpler.""
Prole Drift retweeted
Someone has created a vulnerable PHP website, loaded it with a Bitcoin wallet, and challenged the Internet to hack into it and they can keep the Bitcoin. It has a running timer to show if the PHP exploitability was over-hyped. stealmybitcoin.com/
Prole Drift retweeted
AAA gas price adjusted for wages remains below the 20-year median @augurinfinity
Prole Drift retweeted
Seattle U should be offering every kid in the city to get that ish crackin. Like every good kid they should be on
Prole Drift retweeted
They said a US bond market crisis was coming. So why is the USD index moving higher and US stocks hitting new highs?
The move in yields is almost all real yields, not inflation expectations. 5 and 10 year breakevens (shown below) are still around 2.4% and haven't moved much at all. So this looks like a repricing of real growth expectations, not an inflation or default scare. If this were an inflation spiral like 2022 you'd see breakevens spiking and equities moving lower, and we're not seeing either.
THANK YOU FOR YOUR ATTENTION TO THIS MATTER.
