Trump Has Only Himself To Blame for Losing the Election

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If I argued that a group of highly intelligent, but nefarious aliens invaded the bodies of California’s lawmakers in order to destroy our lovely state, you might expect me to share a little evidence to support those startling claims. The onus should always rest with the promoters of conspiracy theories to prove them true, not with the rest of us to disprove them.

Perhaps California officials embrace inexplicably destructive policy measures because they cling to misguided political ideologies. Maybe there is some other plausible explanation related to the state’s unique culture or politics. We should consider many theories—is it something in the water?—before arriving at extraterrestrial invasions.

Likewise, it’s time for President Donald Trump’s supporters to consider that, quite possibly, there are reasons beyond a vast voter-fraud conspiracy that explain his decisive loss. The president and his legal advocates have argued that Trump actually won by millions of votes, Democratic operatives stuffed ballots (but were too stupid to fix down-ticket races), and rigged electronic voting software.

Maybe those local GOP election officials who dispute those claims were actually helping Biden. A dark, deep-state secret might also explain why the Department of Homeland Security disputed them. It’s hard to prove a negative. I suppose the only reason you dispute my thesis about aliens is that they have also invaded your body. Prove me wrong.

Meanwhile, the judicial system, which still mercifully relies on evidence, has put a damper on the lunacy. Several judges slammed the campaign’s allegations and even Trump’s lawyers have backtracked in court. The Trump team has won two minor victories involving a minuscule number of irregular votes, but it has lost 35 cases.

Obviously, one can always find examples of fraud (and suppression) in any election involving 157 million votes. Governments run elections. They can be inefficient and incompetent. Stating that obvious fact, however, is a long way from proving widespread voter corruption.

“This court has been presented with strained legal arguments without merit and speculative accusations, unpled in the operative complaint and unsupported by evidence,” ruled a Pennsylvania judge last week. “(T)his cannot justify the disenfranchisement of a single voter, let alone all the voters of its sixth most populated state.” The judge has a point—or maybe he was in on it, too.

Trump’s supporters may take solace in these nostrums, but the explanation is obvious. The Democratic ticket simply received more votes than the Republican one. Trumpworld’s disbelief reminds me of that debunked factoid about a New York reporter who, after Nixon won the presidency, supposedly said the outcome was impossible because no one she knew voted for him. Americans need to get out more.

Why did the president lose by more than 6 million votes (albeit by slim margins in several states)? There are two ways to win. Candidates can expand their base and win new supporters, or energize their base and count on an enormous turnout. Trump spent his presidency placating his core constituency, which voted in droves. But Trump’s opponents were even more motivated.

Years ago, a controversial conservative writer named Sam Francis called on the GOP to foment a “Middle American Revolution” that counterbalanced Democratic power in big cities and among minority voters by appealing to the interests of the nation’s mostly white working-class voters. Trump followed that strategy closely, which is how in 2016 he achieved unexpected victories in the previously Democratic-leaning Rust Belt.

This approach explains Trump’s focus on curbing immigration, avoiding military conflicts, promoting tariffs, embracing social conservatism, and heightening the culture wars. I agree with pulling back our international commitments (although Trump’s successes were mainly rhetorical) and a few of his other policy objectives, but I found this agenda to be unnecessarily divisive and, at times, troublingly authoritarian.

Nevertheless, Trump has remade the Republican Party, even as he went down in defeat. By focusing almost exclusively on working-class voters, Trump built support in older, economically depressed regions and in rural America—but he did so at the expense of the nation’s growing suburbs, where voters often turned away from his bluster. Politically speaking, it seemed like a bad trade.

In reality, the president could have appealed to both areas and cruised to a comfortable re-election margin. Many Trump supporters can’t fathom why Republicans did well in congressional races, but lost the presidency. Again, simple analysis is more compelling than a fanciful theory. Many people—myself included—usually vote for Republican legislators, but found one particular Republican officeholder to be unworthy.

We tired of the president’s conspiracy-mongering, whining, incessant tweeting, dishonesty, incompetence, and failure to grow into the office. The president could have tried to, at times, unite the country. He could have reined in his attacks, surrounded himself with truth-tellers rather than sycophants, and reached out to other voters. He didn’t. That’s why he lost. It had nothing to do with fraudulent voting or aliens.

This column was first published in The Orange County Register.

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‘China Is Biggest Threat To National Security’ (And Has Been Conducting ‘Super-Soldier’ Experiments) Says Ratcliffe

‘China Is Biggest Threat To National Security’ (And Has Been Conducting ‘Super-Soldier’ Experiments) Says Ratcliffe

Tyler Durden

Fri, 12/04/2020 – 07:15

Director of National Intelligence John Ratcliffe says that China is the #1 threat to US national security, democracy, and freedom since World War II, and warns that America faces a “once-in-a-generation challenge” to resist Beijing’s effort to reshape the world “in its own image.”

“The intelligence is clear,” writes Ratcliffe in an Wall Street Journal op-ed. “Beijing intends to dominate the U.S. and the rest of the planet economically, militarily and technologically. Many of China’s major public initiatives and prominent companies offer only a layer of camouflage to the activities of the Chinese Communist Party.”

China employs what Ratcliffe calls a “rob, replicate and replace” strategy of economic espionage, by which Beijing robs US companies of their intellectual property, copies it, and then replaces the US firm they stole from in the global marketplace.

Ratcliffe points to the case of Chinese wind-turbine manufacturer Sinovel – which in 2018 a federal jury found guilty of stealing trade secrets from American Superconductor – costing the US firm over 700 jobs and $1 billion in shareholder value. Sinovel now sells wind turbines worldwide “as if it built a legitimate business through ingenuity and hard work rather than theft.

US intelligence agencies, meanwhile, have been hot on China’s trail:

The FBI frequently arrests Chinese nationals for stealing research-and-development secrets. Until the head of Harvard’s Chemistry Department was arrested earlier this year, China was allegedly paying him $50,000 a month as part of a plan to attract top scientists and reward them for stealing information. The professor has pleaded not guilty to making false statements to U.S. authorities. Three scientists were ousted in 2019 from MD Anderson Cancer Center in Houston over concerns about China’s theft of cancer research. The U.S. government estimates that China’s intellectual-property theft costs America as much as $500 billion a year, or between $4,000 and $6,000 per U.S. household. –WSJ

Meanwhile, China has also been caught stealing sensitive US defense technology “to fuel President Xi Jinping’s aggressive plan to make China the world’s foremost military power.”

Super soldiers?

In an odd comment, Ratcliffe says that “U.S. intelligence shows that China has even conducted human testing on members of the People’s Liberation Army in hope of developing soldiers with biologically enhanced capabilities,” adding “There are no ethical boundaries to Beijing’s pursuit of power.”

As we noted in April, citing a report published by Defense One, China has highlighted biology as a military priority, “and the People’s Liberation Army could be at the forefront of expanding and exploiting this knowledge.”

As evidence, the authors provide several examples of the PLA’s strategic writings and research which make clear that they intend to ‘change the form or character of conflict.’ (via Defense One, emphasis ours):

  • In 2010’s War for Biological Dominance (制生权战争), Guo Jiwei (郭继卫), a professor with the Third Military Medical University, emphasizes the impact of biology on future warfare.  
  • In 2015, then-president of the Academy of Military Medical Sciences He Fuchu (贺福初) argued that biotechnology will become the new “strategic commanding heights” of national defense, from biomaterials to “brain control” weapons. Maj. Gen. He has since become the vice president of the Academy of Military Sciences, which leads China’s military science enterprise. 
  • Biology is among seven “new domains of warfare” discussed in a 2017 book by Zhang Shibo (张仕波), a retired general and former president of the National Defense University, who concludes: “Modern biotechnology development is gradually showing strong signs characteristic of an offensive capability,” including the possibility that “specific ethnic genetic attacks” (特定种族基因攻击) could be employed
  • The 2017 edition of Science of Military Strategy (战略学), a textbook published by the PLA’s National Defense University that is considered to be relatively authoritative, debuted a section about biology as a domain of military struggle, similarly mentioning the potential for new kinds of biological warfare to include “specific ethnic genetic attacks.” 

*  *  *

Indeed, China’s military researchers have been attempting to weaponize biology along with advances in other scientific fields of study, such as brain science, supercomputing and artificial intelligence. According to the report, China’s Central Military Commission has been behind projects on military brain science, advanced biomimetic systems, biological and biomimetic materials, human performance enhancement, and “new concept” biotechnology.

In particular, China has focused tremendous efforts on gene editing in humans through CRISPER technology, with over a dozen known clinical trials having been undertaken – including those by controversial Chinese scientist He Jiankui into cloning ‘HIV-resistant’ genetically modified humans. It is unknown if his research was sanctioned or even funded by the CCP, however the Chinese government introduced new watchdog legislation to govern such experiments after He’s research drew international condemnation.

But it is striking how many of China’s CRISPR trials are taking place at the PLA General Hospital, including to fight cancer. Indeed, the PLA’s medical institutions have emerged as major centers for research in gene editing and other new frontiers of military medicine and biotechnology. The PLA’s Academy of Military Medical Sciences, or AMMS, which China touts as its “cradle of training for military medical talent,” was recently placed directly under the purview of the Academy of Military Science, which itself has been transformed to concentrate on scientific and technological innovation. This change could indicate a closer integration of medical science with military research. -Defense One

And in 2016, a PLA doctoral research published a dissertation titled “Research on the Evaluation of Human Performance Enhancement Technology,” which outlined how CRISPR-Cas was one of three primary technologies which could be used to enhance the combat effectiveness of military troops. According to the report, “he supporting research looked at the effectiveness of the drug Modafinil, which has applications in cognitive enhancement; and at transcranial magnetic stimulation, a type of brain stimulation, while also contending that the “great potential” of CRISPR-Cas as a “military deterrence technology in which China should “grasp the initiative” in development.”

Read the rest of Ratcliffe’s Op-Ed here.

via ZeroHedge News https://ift.tt/3qpz8uK Tyler Durden

The Social Dilemma

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During this moment of intense tech skepticism, the conversation about the downsides of social media could benefit from nuance and expertise. The Social Dilemma—a Netflix documentary about technology addiction—has plenty of the latter but almost none of the former. The result is a paranoid film that treats virtually all people as helpless puppets of Facebook founder Mark Zuckerberg, Google head Sundar Pichai, and the nefarious systems they oversee.

Though this is a documentary, it attempts to tell a representative, fictional story, casting the eccentric actor Vincent Kartheiser (Mad Men‘s Pete Campbell) as the voice of a nefarious algorithm that has brainwashed a typical American teenager. These scenes are uniformly bad, making Reefer Madness look subtle by comparison.

The rest of the film, which consists of conversations with various former tech employees, is little better. Most interviewees are wannabe whistleblowers with an inflated regard for their tech accomplishments. They think the systems they invented are so awesomely powerful, intelligent, and addictive that the human brain can’t possibly contend. It’s pure moral panic from start to finish.

A lone voice of reason in the film, the psychologist Jonathan Haidt, suggests that parents can address some tech issues by talking to their kids about social media and limiting their use of smartphones at night. Unsurprisingly, this practical and nonhysterical advice is relegated to the closing credits.

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DoorDash On Track To Raise More Than $3BN After Lifting IPO Price

DoorDash On Track To Raise More Than $3BN After Lifting IPO Price

Tyler Durden

Fri, 12/04/2020 – 06:55

With equity valuations surpassing levels of frothiness not seen since 1929 (according to the popular S&P 500’s CAPE ratio)…

…DoorDash, one of several hot tech IPOs expected before the end of the year, just hiked its IPO price range from $75 to $85 up to $90-$95, raising the company’s debut price by $10-$15, according to an amendment to the company’s S-1 filed Friday morning.

DoorDash could raise as much as $3.1 billion from its IPO if priced at the higher-end of the increased range.

Of course, we’ve seen this type of behavior before with hot sharing economy startups, including Uber and Lyft. Traders who bought in will remember the gut-wrenching volatility that followed several of last year’s hot tech IPOs.

The company has already acknowledged the risk that it might never be profitable, and last year WSJ published a detailed series warning that margins on food delivery simply don’t make any economic sense.

That said, in this market, higher prices breed higher prices, DD popping off at $95 a share would probably be all the market needs to see to justify bidding it up 25% on the debut.

via ZeroHedge News https://ift.tt/3gaJZUA Tyler Durden

The Social Dilemma

minireviewsocialdilemma

During this moment of intense tech skepticism, the conversation about the downsides of social media could benefit from nuance and expertise. The Social Dilemma—a Netflix documentary about technology addiction—has plenty of the latter but almost none of the former. The result is a paranoid film that treats virtually all people as helpless puppets of Facebook founder Mark Zuckerberg, Google head Sundar Pichai, and the nefarious systems they oversee.

Though this is a documentary, it attempts to tell a representative, fictional story, casting the eccentric actor Vincent Kartheiser (Mad Men‘s Pete Campbell) as the voice of a nefarious algorithm that has brainwashed a typical American teenager. These scenes are uniformly bad, making Reefer Madness look subtle by comparison.

The rest of the film, which consists of conversations with various former tech employees, is little better. Most interviewees are wannabe whistleblowers with an inflated regard for their tech accomplishments. They think the systems they invented are so awesomely powerful, intelligent, and addictive that the human brain can’t possibly contend. It’s pure moral panic from start to finish.

A lone voice of reason in the film, the psychologist Jonathan Haidt, suggests that parents can address some tech issues by talking to their kids about social media and limiting their use of smartphones at night. Unsurprisingly, this practical and nonhysterical advice is relegated to the closing credits.

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Social Capital’s Chamath Palihapitiya Turns To Twitter To Source Next Big Deal

Social Capital’s Chamath Palihapitiya Turns To Twitter To Source Next Big Deal

Tyler Durden

Fri, 12/04/2020 – 06:32

When history looks back on the 2020 SPAC deal frenzy, Chamath Palihapitiya will likely be remembered as one of the most prominent evangelists of the ‘reverse IPO’ – for better, or worse.

Credit where credit is due, some of Palihapitiya’s deals appear to have worked out, and his investment firm, Social Capital, has seen the various publicly-traded deals it has sponsored – which debuted at the low, low price of just $10 a share – generate solid returns, with his acquisition of OpenDoor – an iBuyer/home-flipping company.

But his success opened the floodgates during a year where, thanks to unprecedented intervention by the Fed, cash is still cheap and – as Andrew Ross Sorkin pointed out a couple of months ago – some investors can simply go for the quick ‘arb’.

Palihapitiya disputed this, arguing that in every deal he controls, he decides the allocations, and anybody in it for a quick buck simply doesn’t a piece.

That exchange took place back in September. But in recent weeks, as the financial press has been cranking out speculation about where the SPAC trend will go next – the census seems to be either Europe, or the grave (Forbes did a whole investigation on it)  – and with Wall Street deal flow showing no signs of slowing down, Palihapitiya took to Twitter Thursday afternoon to solicit his next big target from the crowd.

To be sure, Palihapitiya frequently solicits ideas from his followers, or asks them to weigh in on. But his tweet elicited a flood of replies from FinTwit, as some seized the opportunity to joke about the implications of sourcing deals on twitter, while others got straight to the pitch.

When history looks back on the 2020 SPAC deal frenzy, Chamath Palihapitiya will likely be remembered as one of the most prominent evangelists of the ‘reverse IPO’ – for better, or worse.

Credit where credit is due, some of Palihapitiya’s deals appear to have worked out, and his investment firm, Social Capital, has seen the various publicly-traded deals it has sponsored – which debuted at the low, low price of just $10 a share – generate solid returns, with his acquisition of OpenDoor – an iBuyer/home-flipping company.

But his success opened the floodgates during a year where, thanks to unprecedented intervention by the Fed, cash is still cheap and – as Andrew Ross Sorkin pointed out a couple of months ago – some investors can simply go for the quick ‘arb’.

Palihapitiya disputed this, arguing that in every deal he controls, he decides the allocations, and anybody in it for a quick buck simply doesn’t a piece.

That exchange took place back in September. But in recent weeks, as the financial press has been cranking out speculation about where the SPAC trend will go next – the census seems to be either Europe, or the grave (Forbes did a whole investigation on it)  – and with Wall Street deal flow showing no signs of slowing down, Palihapitiya took to Twitter Thursday afternoon to solicit his next big target from the crowd.

To be sure, Palihapitiya frequently solicits ideas from his followers, or asks them to weigh in on. But his tweet elicited a flood of replies from FinTwit, as some seized the opportunity to joke about the implications of sourcing deals on twitter, while others got straight to the pitch.

The pitching frenzy went on all night, with Chamath’s initial tweets racking up more than 1,000 replies combined.

Readers can find all the replies here.

via ZeroHedge News https://ift.tt/3lFkWu5 Tyler Durden

Georgia Gov. Kemp Calls For Signature Audit Following CCTV Footage Of Late-Night Ballot Malarkey

Georgia Gov. Kemp Calls For Signature Audit Following CCTV Footage Of Late-Night Ballot Malarkey

Tyler Durden

Fri, 12/04/2020 – 06:30

Georgia Governor Brian Kemp (R) has called for a signature audit of the 2020 election after CCTV footage from election night appears to show several Atlanta poll workers engaged in late-night ballot fraud.

I called early on for a signature audit,” Kemp said in an interview with Fox News‘s “Ingraham Angle,” adding “I think it should be done… I think, especially with what we saw today – it raises more questions.”

Will Georgia Sens. David Perdue and Kelly Loeffler – Rinos who both face election runoffs in January, yet have taken heat for being dead silent on election fraud – finally speak up?

Kemp’s comments come hours after a Thursday morning bombshell, in which an attorney working with the Trump campaign presented CCTV footage of Georgia poll workers waiting for observers and news outlets to leave State Farm Arena in Atlanta after calling an end to counting for the night, before pulling out several large suitcases containing ballots from under a table.

The footage comes days after Georgia’s head of elections, Gabriel Sterling, said there was no evidence of fraud in the state recount and encouraged President Trump to accept the results of the election – comments echoed by GA Secretary of State Ben Raffensperger (who Trump called an ‘enemy of the people’ earlier this week) – and said that Trump “obviously lost.”

Meanwhile, attorney Sidney Powell has accused Georgia poll workers of using Dominion Voting Systems machines to ‘illegally and fraudulently manipulate the vote count to make certain the election of Joe Biden as president of the United States.

“Old-fashioned ballot-stuffing” has been “amplified and rendered virtually invisible by computer software created and run by domestic and foreign actors for that very purpose,” the suit continues, adding that “Mathematical and statistical anomalies rising to the level of impossibilities, as shown by affidavits of multiple witnesses, documentation, and expert testimony evince this scheme across the state of Georgia.”

What exactly has gone too far Gabe?

via ZeroHedge News https://ift.tt/2JM1sXk Tyler Durden

Philip Guston Now

minireviewphilipgustonnow

In an act of self-censoring condescension, the National Gallery of Art in Washington, D.C., and three other leading galleries postponed from June 2021 until 2024 a major retrospective exhibition of the works of American artist Philip Guston.

The show, which was to be called “Philip Guston Now,” included several works depicting hooded Ku Klux Klan figures. Curators feared their audiences would not be sophisticated enough to perceive and appreciate the manifestly anti-racist intent of the artist’s works.

Supposedly in light of the “racial justice movement that started in the U.S. and radiated to countries around the world,” the directors of the four galleries in a September press release declared they were “postponing the exhibition until a time at which we think that the powerful message of social and racial justice that is at the center of Philip Guston’s work can be more clearly interpreted.”

Pushback against this decision, which pretended that suppressing imagery that reminds us of sinister truths can somehow eradicate historical evils, was immediate. “The people who run our great institutions…fear controversy,” declared an open letter signed by 100 prominent artists of various ethnic and racial backgrounds. “They lack faith in the intelligence of their audience.” Guston’s daughter Musa Mayer also issued a statement, rightly asserting that “these paintings meet the moment we are in today. The danger is not in looking at Philip Guston’s work, but in looking away.”

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