I Have No Idea What I'm Doing - New | S04:E06

It’s Keyboard Opening Time! Also, we joined the KHive.

It’s Keyboard Opening Time! Also, we joined the KHive.

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We goofed last week’s episode
Joining the KHive BayBEE
- We’re getting Kamala tattoos
- We’re gonna’ narc on every single weed-smoker we know
- We actually know the truth: Kamala is a leftist op
  - She’s only pretending to be a shitlib in order to seize power

We’re shutting down the post office because you’re using it to vote, which is bad
Things Are Bad
- Secret police tactics in use in Portland
- Trump destroying the Postal Service
  - The pundits have thoughts
    
    https://twitter.com/aliceavizandum/status/1294426568350142464
- Iowa Derecho
  - https://www.washingtonpost.com/outlook/2020/08/14/iowa-derecho-attention-aid/
  - CornCar
- California power supply issues
- Coronavirus, still
- Senate has adjourned till September
- Trump Touts 401(k) Balances That Increased 14% Last Quarter - Bloomberg
- Coronavirus aid has ended
  - Jeff Stein curating posts from r/unemployment
    
    https://twitter.com/JStein_WaPo/status/1293354767419310080
- Most Americans Won’t Be Able to Get a Coronavirus Vaccine Until Well Into 2021 - Bloomberg

Everything’s a bank
- Facebook Financial to Pursue Payments and Commerce, Led by Libra’s David Marcus - Bloomberg
- SoFi Money
- Robinhood Money
We’re SPAC baybee
- A special purpose acquisition company (SPAC), sometimes called blank-check company, is a shell company that has no operations but plans to go public with the intention of acquiring or merging with a company with the proceeds of the SPAC’s initial public offering (IPO). SPACs allow retail investors to invest in private equity type transactions, particularly leveraged buyouts. (Special-purpose acquisition company - Wikipedia)
- Bill Ackman’s blank-check acquisition company to begin trading on Wednesday after raising up to $4 billion - Markets Insider
- The Spac race: Wall St banks jostle to get in on hot new trend - Financial Times
  - 1-in-5 IPO dollars are now in SPACs
This Week in Capital Strikes
- Uber may shut down in California if forced to classify drivers as employees, CEO says - The Verge

Turns out direct action works better than electoralism
- Most California voters support police reform, poll shows - Los Angeles Times
  - Strange how drastic these things changed eh?
- As nightly conflicts in Portland draw headlines, reforms gradually advance - OPB
  - Hilarious how they sort of connect the uprisings to the reforms but not really—totally unable to understand that it’s only with direct action that these things are happening.

Join us on a wondrous journey through whatever's on our minds this week. We have no idea what we're doing. But we're trying.

I Have No Idea What I'm Doing - New