US Senator: “a, nominee say things. In the committee that you know, the nominee knows, everybody in the room knows, are complete and utter bullshit”

https://www.contrariannews.org/p/which-cabinet-member-is-next-on-the

Yes, they aren’t stupid. They know the nominees are just bullshitting through their hearings. They ask the questions hoping it makes good TV. The awful thing is that the media plays along as though nominee hearings were actually for real. All about the clicks.

“The punch will never go away, and what we’ve done will never go away.” Sheldon compares America to an abusive husband assaulting their spouse.

“there is a fundamental conflict between the efficiency with which markets spread information and the incentives to acquire information.”

https://mattdpearce.substack.com/p/the-simple-economic-paradox-wrecking

“… Grossman-Stiglitz Paradox … Important or valuable information can be costly to obtain or produce … information gets transmitted to the rest of the marketplace when the information producers can exploit a market opening … the more widely distributed information becomes in a marketplace, you’re likelier to lose your money if you keep investing in producing high-quality information. So everyone stops producing new information”

Binance going down.

https://www.nytimes.com/2026/03/26/technology/binance-iran-us-sanctions.html?unlocked_article_code=1.WFA.4L5s.gfyrtBIjgLQh&smid=nytcore-ios-share

The NYT says Binance “missed” the crypto money funneled to Iran. By which they mean conspiracy. They are gonna get sued into oblivion.

“vendor’s chief executive shared a Singapore villa with a Chinese entrepreneur whose corporate office was placed on the U.S. blacklist.”

Trump admin won’t prosecute but others will.

American salvage: root causes of the long collapse

https://notes.kateva.org/2026/03/american-salvage-root-causes-of-long.html

Automation / Globalization / AI? -> no middle-class bourgeois lifestyle for non-elite
Rural collapse (esp US)
Corruption (governmental, corporate, non-profit)
Wealth and power concentration and the oligarchy (Citizens United)
Collapse of journalism business model
Regulatory ratchet (career-ending to remove, path dependency)
American societal response to the rise of women
Capture of the GOP by the MAGA powered by LIV exploitation

Piketty: The state of America and lessons from its its broken democracy

https://thomaspiketty.wordpress.com/2026/03/10/militaristic-drift-admission-of-weakness/

“democracy must be continually reinvented and reconsidered in its institutional foundations, such as constitutions, electoral procedures, organization of parliamentary work, functioning of political parties, funding and governance of the media, and so on. Nothing should be taken for granted”

“The saddest thing about the current situation is the inability of France and Germany to agree on anything”

“disservice to stereotype us Singaporeans as oppressed, timid, politically apathetic digits … it would also be a mistake to assume that we’re free.”

https://adimagazine.com/articles/no-free-labor-for-authoritarians/

Singapore is a different dystopia

“experience is akin to being oppressed by the most insufferable middle manager you’ve met. They won’t beat you; they’ll just irritate you to death”