Lightnews — Scholar-powered news

Reposted by Chris Andersen

David Dayen @ddayen.bsky.social · 2d

The same hedge fund involved in inflating the housing bubble is involved in the AI bubble! Here's a transcript excerpt on Magnetar.
www.organizedmoney.fm/p/the-ai-bub...

David: Here's, here's what's funny to me because, you know, Matt and I kind of come out of the financial crisis and there's this amazing housing bubble association here, because the first and largest institutional investor of CoreWeave is a company called Magnetar, and Magnetar was, if you know anything about the financial crisis, they were dead in the middle of that, too.
Matt: Magnetar, for those of you who don't know what it is. There's a hedge fund that should have been the star of the movie The Big Short, except they were actually engineering the crisis and they were not the naive people who just came across it.
They were working with Goldman Sachs primarily to kind of inflate the bubble. They were also shorting through these very obscured derivatives. This is this massive scandal. They took the bubble, which was probably a two $3 trillion bubble and turned it into a five or $6 trillion bubble. So it's a very important institution.
It is not an institution that most people know, but these are the most savvy, cynical people, some of the most savvy, cynical people on Wall Street.
David: It's just amazing that instead of, you know, slinking away. Uh, engaging in, uh, you know, derivatives, trading and, and, and what they did in the financial crisis. No, they came back and found another company, uh, to invest in. They're really smart. Yeah. You know, you don't in fact have to hand it to 'em.

2 16 32

Reposted by Chris Andersen

K. A. “Kîck Åß” Pillë @keithpille.bsky.social · 8h

Anyway I was recently showing a friend how to play the bassline for “Guns of Brixton” and was both amused and fascinated to realize it’s built around the same intervals as the Imperial March

1 9

Reposted by Chris Andersen

David Dayen @ddayen.bsky.social · 2d

From me: China's threat to restrict rare earth minerals exports shows who really holds the cards in the trade war. We invented rare earth magnets and gave the production away; decades of bad ideas handed another country the ability to determine our economic future.
prospect.org/world/2025-1...

Why China Can Collapse the U.S. With One Decree

China holds a virtual monopoly over a product needed to produce the only thing holding up our economy right now. And it’s preparing to use that leverage.

prospect.org

14 72 240

Reposted by Chris Andersen

John Clarke @johncke.bsky.social · 7h

The vultures of capital are circling over #Gaza.

1

Chris Andersen @bodhidrop.bsky.social · 1d

Hey, can I do this too? Policing in Hamilton.

Joey Coleman @joeycoleman.ca · 2d

Hamilton's Police Service Board meets today to discuss a 2026 budget that proposes to increase spending by nearly 10 per cent, more than double Mayor Andrea Horwath's "Hold the Line" 4.25 per cent budget directive. #yhmcc #HamOnt

thepublicrecord.ca/2025/10/hami...

Hamilton Police Seek 8.62 Per Cent Tax Funded Increase, Double Mayor Horwath's Budget Directive

HPS still plans to increase spending by nearly 10 per cent, despite Mayor's "Hold the Line" 4.25 per cent directive.

thepublicrecord.ca

Chris Andersen @bodhidrop.bsky.social · 1d

First I've heard of this. I think I can make one of the nights. Punk/DIY music and culture in Hamilton Ontario Canada. But, what's this, Snake Charmer's last show? #OldPunks

@steelcitymusic.ca 🇨🇦🍁 @steelcitymusic.bsky.social · 2d

YOURIN FESTED 2025 2 nights! Oct 17 & Oct 18 2025 @ The Underground
tinyurl.com/57wc6vtz
#supportlivemusicvenue #supportlivemusicvenues #HamOntEvents #hamont #livemusic

1 1

Chris Andersen @bodhidrop.bsky.social · 1d

I was just listening to this ! They're so much fun. Been on a big SCG kick lately. And I just got the new Sir Richard Bishop album a week back. Very different of course. He's brilliant.

Reposted by Chris Andersen

Olúfẹ́mi O. Táíwò @olufemiotaiwo.bsky.social · 1d

"The United States struck another small boat accused of carrying drugs in the waters off Venezuela, killing six people...It’s the fifth deadly strike in the Caribbean"

again, merely political consequences for wanton murder aren't enough.

apnews.com/article/trum...

US kills 6 people in strike on boat accused of carrying drugs near Venezuela, Trump says

President Donald Trump says the U.S. has struck another boat accused of carrying drugs in the waters off Venezuela.

apnews.com

31 170 530

Reposted by Chris Andersen

RockGarage4 @rockgarage4.bsky.social · 2d

On this day, October 14, 1969 - The Supremes release "Someday, We'll Be Together," their last single with Diana Ross, who launches a solo career.

www.youtube.com/watch?v=d5Pr...

2 2

Reposted by Chris Andersen

✨Jane ✨ @caff.bsky.social · 2d

Yes

1 36 120

Chris Andersen @bodhidrop.bsky.social · 2d

What part of the trail is this? By Georgian Bay ?

1

Chris Andersen @bodhidrop.bsky.social · 2d

One of my giants, Moondog.

X Ray Eyes @xrayeyes.bsky.social · 2d

Moondog, New York City, 1963.
Pic by Diane Arbus.

Moondog ~ Moondog (1969)
www.youtube.com/watch?v=aK0y...

2

Chris Andersen @bodhidrop.bsky.social · 2d

Good piece from Dusted on Michael Yonkers.
www.dustedmagazine.com/features/694

Dusted Features [ The World is Just Catching Up: Michael Yonkers ]

Dusted feature article.The World is Just Catching Up: Michael Yonkers. <p>Way back in the late 1960s, Michael Yonkers recorded one of the lost classics of psychedelic rock (<i>Microminiature Love</i>)...

www.dustedmagazine.com

Chris Andersen @bodhidrop.bsky.social · 2d

Been on a Michael Yonkers kick lately. Microminature Love all the way !
Here's a fun and much more recent clip...
youtu.be/Poffc-pQLt4?...

So Be - Michael Yonkers with The Blind Shake

YouTube video by nadir300

youtu.be

Chris Andersen @bodhidrop.bsky.social · 2d

Some more Machado/Nobel commentary in case you need any.
From the Normal Island News
www.normalisland.co.uk/p/venezuelan...

Venezuelan woman who begged Trump to bomb her country wins Nobel Peace Prize

María Corina Machado has become the first person since Barack Obama to win the Nobel Peace Prize for doing absolutely nothing.

www.normalisland.co.uk

Chris Andersen @bodhidrop.bsky.social · 2d

Fascinating and with exhaustive researched. Full of excellent analysis and surprisingly prescient . Panama in WW II , raytod2017 , raytoddblog

raytodd.blog/author/rayto...

raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Man…

raytodd.blog

Chris Andersen @bodhidrop.bsky.social · 2d

United Israel Appeal in Canada
www.justpeaceadvocates.ca/how-united-i...

United Israel Appeal of Canada funds Israel’s illegal occupation

Learn how the United Israel Appeal of Canada supports Israel's illegal occupation through millions of dollars a year

www.justpeaceadvocates.ca

Chris Andersen @bodhidrop.bsky.social · 4d

Thanks. Intrigued.

2

Chris Andersen @bodhidrop.bsky.social · 5d

Welshman and Scotsman look up from their pints "Of COURSE you include Wales and Scotland as separate countries!!!"

1 1

Chris Andersen @bodhidrop.bsky.social · 5d

...NC, SC, GA, FL, VT, NH, Minnesota, WI, Nebraska, Iowa, TN, KY, OR. DC too. My longest times were in California and Mass/New England. Longest times were in western/upstate NY, New England, California, then Atlanta/Macon. The Grateful Dead urged me on for most of this I ought note. Sorry Delaware.

1

Chris Andersen @bodhidrop.bsky.social · 5d

Canadian here. I've seen more of the US then the Can. True, all but 5 years of my life (soon to be 50) have been spent living 1.5 - 3 hrs from the border at Niagara, however ...
NY, OH, PA, Michigan, Massachusetts, RI, CT, NJ, Maryland, Virginia, W Virginia, Illinois, Indiana ...

1 1

Chris Andersen @bodhidrop.bsky.social · 5d

That is a brilliant turn of phrase ! Useful beyond the context seen here (perfect image to go with it btw). Thanks.

1 1

Chris Andersen @bodhidrop.bsky.social · 5d

What is this image from?

1 2

Reposted by Chris Andersen

Metaphor Man @metaphorman.bsky.social · 5d

Peace Prize winner María Corina Machado once asked satanyahu to militarily intervene & help overthrow President Maduro, even pledging to move Venezuela’s embassy to Jerusalem

Now she’s rewarded for inviting a foreign apartheid state to attack her own country so Washington can seize Venezuela’s oil

1 3 5

Reposted by Chris Andersen

goldmartin @gillmartin.bsky.social · 5d

"Why were Palestinians forced to negotiate an end to their own genocide?

It's really quite repulsive that Palestinians have had to negotiate
an end to their genocide.

It should have been that the world put sanctions on Israel to stop the genocide."

-Diana Buttu (Palestinian rights lawyer)

1 31 74