Money

How Streaming Platforms Get Tax Benefits to Block Access to Movies and Documentaries

Behind the scenes of the filming of a TV show.

Streaming has become the dominant way people watch movies and documentaries.

Most people don't even have the hardware to play physical media anymore.

This is resulting in shrinking access to movies and other video content.

Pick of the Day

A Song that Flows and Takes You With It

A Tropical Beach.

An Irish musician made a song named after a South American river.

The song can make you think of travel and escape.

But researchers have known for over a hundred years what else music generally can make you do.

Money

How Wall Street Uses Other People's Money to Buy and Bankrupt America's Companies

A Wall Street sign at a New York transit stop.

"Investment firms" like KKR use other people's money to take control of companies.

Those companies are loaded with debt and often go bankrupt.

But somehow the "investment firm" seems to always walk away a winner.

Money

How Real Estate Speculators Destroyed America's Newspapers

A Group of newspaper vending machines.

Many say newspapers are closing because of the internet.

But most newspapers were profitable well into the internet era.

The real cause involves real estate deals and Wall Street bankers.

Money

The Buildings that Could Feed the World

Hydroponics facility on Ascension Island. Photo created by US Space Force.

The US Army fed thousands of troops with it during war.

China is growing staple crops with it now.

But US investments firms say they can't profit from it.

Money

How Companies Profited from Public Property and Created a Mississippi River Crisis

Imagery of the Gulf Dead Zone. Photo created by NOAA.

Companies bought public factories after world war II.

They converted the product to peacetime use.

And also created a Mississippi River crisis.

Notes

The Two Sentences that Made Marcus Aurelius a Philosopher King

A bust of Roman Emperor Marcus Aurelius.

Marcus Aurelius is known for being a philosopher king.

He kept a journal writing thoughts and maxims to help himself improve.

But only two sentences out of the thousands in his book are needed to understand why he was successful where others failed.

Money

How Promises of Faster Performance Destroyed the Personal Website Economy

Traditional web server model vs. content delivery network model.

Content Delivery Networks (CDNs) like Cloudflare promise fast load times.

And even promise more security for websites.

But they've also contributed to the destruction of the ability for individual website owners to make a profit.

Power

The United States Code and the Century of Errors

Volumes of the US Code. Picture by Tony Webster via Wikimedia Commons.

Most lawyers reference the United States Code when they talk of the law.

Many criminal cases are built on it.

But it's not the law. And both Congress and the Supreme made this point clear.

Pick of the Day

The Last Song of the New Wave

The lead singer of When in Rome in a still from their music video for

"The Promise" was the only hit of the British band When in Rome.

It was different from earlier New Wave songs.

But it was New Wave enough to be the last of the genre even if most don't view it that way.

Power

Everyone Is Right About Our Election Problem, But They're Missing the Only Two Obvious Solutions

A Vote Today sign on the ground, 2004.

Nearly everyone thinks America's election system is broken.

Some point to the problem being voter fraud. And others say it's really due to cheating election officials.

They're all right in a way. But also missing the point.

Power

US Phone Companies and China Want the Same Thing: The Power to Block Your Calls

President Bush talks on the phone on 9/11.

US phone companies are pushing to end landlines and replace them with internet based calling replacements.

China has been pushing an international communications cooperation group to make the internet a top down structure.

The result would be the same--control over what messages get through and which ones get blocked.

Money

Is Selling Out Really the Way to Business Success in America?

Ronald Reagan at the New York Stock Exchange.

Books and pop culture teach that selling your business is the marker of success.

They say selling grows the company and gives the founder wealth.

But for many that sold, they have a different story to tell.

Power

The Switch to Digital Broadcast Got Rid of Static--And Made Television Worse

A family watching an analog television in 1958.

The mandatory switch to digital television was advertised as an improvement.

For some, they lost access to local news.

And the other touted benefits were not what they seemed either.

Money

How Corporate America and Bipartisan Consensus Gave America's Future to China

President Clinton announces a federal budget surplus in 1999.

China is the world's leader in manufacturing.

But it would have never happened without corporate America.

And the support of two presidents--one Democrat and one Republican.

Tidbits

Why Film Feels More Real than Digital

The Uncanny Valley.

We're comfrotable with obviously fake things.

But when something is close to looking real, it's unsettling.

This may be why you feel something is not quite right with a movie.

Pick of the Day

Why a 1975 Political Thriller is a Comfort Movie

Robert Redford as Joe Turner.

A movie focsed on the shadow of crumbling institutions.

It involved a web of interests that was hard to understand.

But oddly, it's also a nostalgic comfort movie.

Notes

Plato's Cave Has an Algorithm Now

An AI Depction of Plato's Cave as a 20th Century Painting.

Plato wrote about a cave that contained a false reality.

The reality was made by puppeteers the prisoners could not see.

Digital algorithms seem to have replaced the puppeteers.

Power

Primaries are Party Politics at Your Expense

Harry Truman voting in a primary.

Political parties are private organizations.

Yet, two such organizations get state funding.

And the impact goes beyond just dollars and cents.

Money

Today's AI is Alot Like the 2008 Financial Crisis

White House meeting on the bank and investment firm bailouts, 2008

AI chatbots often provide wrong answers with confidence.

But often can't tell you why they gave the answer.

And it has alot in common with a financial meltdown.

Money

The AI In a Place Called Tomorrow

Orlando Jones as Vox 114 in 2002's The Time Machine

2002's The Time Machine showcased a futuristic AI.

The fictional AI was shown as a utility.

Real AI is evolving into something far worse than a mere subscription service.