The market is an idiot
14.03.2026 08:09
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The market is an idiot
‘You are all worse than each other’: anti-regime Iranians turn on Trump
I don't want to suggest that politically or economically powerful people should not be prosecuted for criminal actions. They absolutely should. But you can see why prosecutors might be more hesitant to do so and why new administrations might not want to make it their top priority.
Finally, criminal prosecutions of politicians can easily turn into political issues themselves, complicating the process and distracting public attention from an administration's positive agenda. We saw in the Trump cases, as well, how politically biased courts can derail the process.
Whtie collar criminals have more resources to defend themselves. The cases can get delayed for long periods of time. And juries are less likely convict if they think the prosecution is happening in a legal gray area.
Unlike in traditional crimes, where there isn't much doubt that a crime has actually occurred, in white collar crime much of the dispute concerns whether some bad thing actually qualifies as a crime. This makes the prosecution much more ambiguous.
Litigation and criminal prosecution are inherently unpredictable. I think many people have an exaggerated sense of how easy it would be to prosecute former officials for crimes while in office. Sure, Brazil and South Korea managed to do it. But it wouldn't necessarily happen that way in the U.S.
So the regime in Iran is not broadly popular - I've seen different estimates but those are all fraught. And Iran just did multiple Tiananmen Squares worth of killing people over the last round of protests.
But expecting them to rise up and do so amidst a bombing campaign is wild.
I get yelled at for saying this but for many hundreds of years people went to university not to get diplomas or be employable but because immersion in the humanities was considered foundational to a good life, and school must return to its original purpose: the joy of learning.
Before social media, the edgy twenty-year-olds were sharing their stupid opinions with their small circle of friends. Now they try to broadcast them to the entire world.
It doesn't help that one of the laziest, most mindless ways to gain attention on social media is to post about how much the Democrats suck in response to some important event or situation.
![Trump’s first term approach to Israel-Palestine boiled down to “sure, Bibi, whatever you want.” He moved the U.S. embassy to Jerusalem and recognized Israeli sovereignty over the Golan Heights, breaking with decades-long bipartisan U.S. policy that considered both disputed territory in accordance with international law. During the campaign, Trump criticized Biden for “trying to hold [Netanyahu] back,” and said “he probably should be doing the opposite." The Biden administration has criticized and tried to restrain Israel, albeit not nearly as much as Palestinian supporters would like—but that’s probably over. Critics who denounced Biden’s policy as giving Israel “a blank check” are about to see what one actually looks like.
From: https://www.thebulwark.com/p/youll-miss-pax-americana-when-gone-trump-postwar-international-system](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:756gaaeewovgn4axja34ajne/bafkreigjmvsnkhuwme5ddfi3xcstyefomdd3av6t5dih2cnwi2bwaoeqoi)
Trump’s first term approach to Israel-Palestine boiled down to “sure, Bibi, whatever you want.” He moved the U.S. embassy to Jerusalem and recognized Israeli sovereignty over the Golan Heights, breaking with decades-long bipartisan U.S. policy that considered both disputed territory in accordance with international law. During the campaign, Trump criticized Biden for “trying to hold [Netanyahu] back,” and said “he probably should be doing the opposite." The Biden administration has criticized and tried to restrain Israel, albeit not nearly as much as Palestinian supporters would like—but that’s probably over. Critics who denounced Biden’s policy as giving Israel “a blank check” are about to see what one actually looks like. From: https://www.thebulwark.com/p/youll-miss-pax-americana-when-gone-trump-postwar-international-system
Believe me yet?
Screenshot from: www.thebulwark.com/p/youll-miss...
He caught the social-media self-importance disease. It leads prominent people to start saying nonsense on social media because all the attention has worn down the internal filters.
Saw a thoughtful thread about AI, don't want to QT or argue. But. The biggest rage factor with LLMs is the people who, because genAI is transformative for coding, think it's transformative for everything else, because they devalue every other form of work and labor and knowledge.
NEW: Documents Reveal a Web of Financial Ties Between Trump Officials and the Industries They Help Regulate @coreygjohnson.bsky.social @bxroberts.org @shaw.al
FT comments section this morning - saying what everyone else is thinking, right?
Everything that annoys me is because of liberals.
Agreed. People who follow politics really tend to overestimate how coherent and informed the political views are of the vast low-information masses. The biggest threat to the Democratic brand is all the people forming opinions based on social media vibes.
Boebert: Have you reviewed any Epstein files that were released that you believe reference or relate to those specific 2016 claims regarding the Podesta emails Comet ping pong pizza used as code possibly.
Clinton: Pizzagate was totally made up. I can't believe you're even referencing it
At this point, Trump's foreign policy is just vibe-couping. Bomb Somalia and Nigeria, Kidnap Maduro, assassinate the Ayatollah, let's see what happens.
Vibe contracting.
Securitymaxing.
Just your average officer in the mightiest military force on earth.
Most people do not pay attention. Most people do not care about politics. (That is a big part of the Democrats' problem.)
At this point, Trump's foreign policy is just vibe-couping. Bomb Somalia and Nigeria, Kidnap Maduro, assassinate the Ayatollah, let's see what happens.
“The bombardment of Iran on Saturday was the ninth time he had ordered the military into action in his second term, even as he has decapitated the government of Venezuela and threatened to overthrow Cuba’s dictator.” www.nytimes.com/2026/02/28/u...
One of the things that surprised me when I first started to frequent Twitter was discovering academics, intellectuals, and writers whom I had admired in other contexts. Many of them turned out to have shockingly poor levels of reasoning when it came to politics.
maaan this really does not inspire confidence. www.nytimes.com/2026/03/01/u...
"Why do you like Saddam Hussein so much?" Same level of discourse.
