LIGO black hole echoes hint at general-relativity breakdown Nature. It’s been quite a year.
Wells Fargo Scandal Hits Prudential as Whistle-Blowers Sue Bloomberg (DK).
India’s cash bonfire is too much, too soon Kenneth Rogoff, FT
Is Uber getting too vital to fail? BBC. “An in-depth, ferocious assessment of Uber’s finances by the Naked Capitalism blog concluded that the company was ‘staggeringly unprofitable.'” “Ferocious.” We like ferocious. Take a bow, Hubert!
Big Brother Is Watching You Watch
2016 Post Mortem
GOP gained ground in middle-class communities in 2016 Pew Research. Important.
How Trump Broke the Blue Wall Cook Political Report. Also important.
The 3 different things we talk about when we talk about “Trump voters” Matt Yglesias, Vox. Actually worth a read!
Jill Stein’s Pennsylvania recount request: Federal judge to rule by Monday Billy Penn. And the judge is not happy.
Recount mess: What if Michigan had held the key to election? Detroit Free Press
Hillary Clinton blew the most winnable election in modern American history. And it’s her own fault. The Week. A bit stale, but a useful bill of particulars.
How the Democratic Party Lost Its Way Politico. Sounds like spreadsheets are going for the Democrats what PowerPoint did for the Pentagon.
Is the Democratic party imploding? Medium. Pre-Russki eruption, but interesting nonetheless.
Meet the Democrats’ proto-Trumps Politico. “In three major states with a governor’s mansion up for grabs in 2018, a big-name, politically active billionaire or multimillionaire is taking steps toward a run — [Democrat] donors looking to take matters into their own hands after 2016’s gutting losses.”
DNC candidates defer to unity commission on eliminating superdelegates Politico. Anybody who fulminates against the electoral college who also supported Superdelegates in the Democrat primary should sit down.
The Evidence to Prove the Russian Hack emptywheel. The headline is a bit off, since the post’s subject is really the evidence required to prove the Russian hack. Some of which does exist. That said, this is an excellent summary of the state of play. I take issue with one point:
Crowdstrike reported that GRU also hacked the DNC. As it explains, GRU does this by sending someone something that looks like an email password update, but which instead is a fake site designed to get someone to hand over their password. The reason this claim is strong is because people at the DNC say this happened to them.
First, CrowdStrike is a private security firm, so there’s a high likelihood they’re talking their book, Beltway IT being what it is. Second, a result (DNC got phished) isn’t “strong” proof of a claim (GRU did the phishing). We live in a world where 12-year-olds know how to do email phishing, and a world where professional phishing operations can camouflage themselves as whoever they like. So color me skeptical absent some unpacking on this point. A second post from emptywheel, Unpacking the New CIA Leak: Don’t Ignore the Aluminum Tube Footnote, is also well worth a read.
The Necessity of Credibility Current Afffairs
Goldman Sachs CEO: Trump Not a Dangerous President Handelsblatt Global
Social Security service declines as waits at offices grow WaPo. When the public provision of a service is being ruined, that means it’s a target for privatization.
Locked On The Psych Ward Buzzfeed. Truly appalling. Must-read.
Deporting the American Dream: Immigration Enforcement and Latino Foreclosures Sociological Science
How the Twinkie Made the Superrich Even Richer NYT. Private equity. “Pension funds that pay retirement benefits to public servants now depend on private equity to generate huge returns.” They may “depend” on private equity, but that doesn’t mean private equity delivers; see Yves here, or here, or here.
EXCLUSIVE: Amazon workers sleeping in tents near Dunfermline site The Courier (DK).
Why I Write Ian Welsh (Furzy Mouse).
The Man Who Invented the World’s Most Important Number Bloomberg. Not π. LIBOR.
Antidote du jour (J-LS):