
Paul McLeod
@pdmcleod
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Reporter in Washington, DC covering antitrust for @Capitol_Forum. Tips: [email protected]
Joined March 2010
Crypto is a rigged casino, and today’s events prove it beyond doubt. A single colossal BTC whale shorted at the peak, then, just minutes before the market-shattering crash, piled on millions more in shorts. At the very bottom of the drop, he closed 90% of his Bitcoin short and
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BREAKING: Look at this. A new crypto account was opened yesterday morning. 30 minutes BEFORE Trump's announcement of 100% tariffs on China, it added a huge multi-million dollar levered Bitcoin short position, per YF. The market dumped. The trader made a profit of $192 million
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Excl: HEAT 2 IS HAPPENING...Amazon MGM division UNITED ARTISTS has beat out several companies to nab the Michael Mann crime thriller, which was put on the shopping block by Warner Bros. after budget issues. Details here:
hollywoodreporter.com
Mann is set to direct the follow-up to his 1995 feature, which has Leonardo DiCaprio circling to star.
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The "Free Wendy Williams" campaign makes me deeply uncomfortable in no small part because the people decrying her supposedly crooked and corrupt conservatorship stands to directly benefit. https://t.co/RxL1SoXkZR
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Meanwhile another day, another story about the mysterious rise in people missing basic monthly payments despite a supposedly strong economy, as we get blasted with daily ads for how to place six-leg first TD parlays.
I remain surprised that no enterprising national pol has made “prohibit sports betting again” a signature issue. It’s right there for the taking, it’s great take fodder, and it works for a Republican or a Democrat.
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Barry Lynn does concede that "abundance" is a nice-sounding word.
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The context here of course is that the direction of the Democratic Party feels like a jump ball. High-profile Antitrust and Abundance figures have been very publicly critical of each other's arguments.
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@ezraklein @DKThomp Further Lynn today: “Abundance is not an intellectual movement. There’s nothing there. Go look, look around. There’s nothing in it other than warmed-over neoliberalism... But what they do have is $300 million to $400 million behind them, and that’s not nothing.”
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To Lynn, a key figures in the modern antitrust movement, Abundance is designed to take over the Democratic Party with @ezraklein and @DKThomp as the public faces and a $300 million campaign pushing it behind the scenes.
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Barry Lynn on the Abundance movment: “They’ve got no answer to oligarchy, they’ve got no answer to concentration of power and control... They are naïve neoliberals and they are just missing that part of the brain, that frontal lobe that allows you to see power.”
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@javier_mabrey’s comments were superb. He discussed how we just need to ban specific pricing and advertising practices. This is the correct position. It's refreshing to hear such succinct and forceful policy prescriptions.
On surveillance pricing panel, Colorado lawmaker Javier Mabrey ridicules the argument companies are using personal data to provide discounts. "It’s just ridiculous. The incentive to use these tools is to find the pain points to charge us as much as possible, and they have a
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Rep. @javier_mabrey gets existential: “When we have thoughts we put them in (our phones.) Companies are literally in our brains and collecting our thoughts to decide what prices to charge us. That’s crazy! That’s crazy! It sounds like Robocop shit!”
On surveillance pricing panel, Colorado lawmaker Javier Mabrey ridicules the argument companies are using personal data to provide discounts. "It’s just ridiculous. The incentive to use these tools is to find the pain points to charge us as much as possible, and they have a
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Levine predicts an arms race where retailers increasingly spy on their customers and customers will sign up for new services to try to block spying. "It's an arms race consumers will never win.”
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“I worry about living in a world where we don’t have a single advertised price," says UC Berkeley's Samuel Levine. How do you comparison shop? How do you set a budget? Says surveillance pricing is full of legal risk yet companies are investing big to pursue it. Shows how
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On surveillance pricing panel, Colorado lawmaker Javier Mabrey ridicules the argument companies are using personal data to provide discounts. "It’s just ridiculous. The incentive to use these tools is to find the pain points to charge us as much as possible, and they have a
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Interesting debate at the @Capitol_Forum 2025 Tech Conference panel on algorithmic price fixing. Kenneth Racowski of Holland & Knight lays out his three factors to determine whether an algorithmic price fixing case will survive a motion to dismiss: 1) The who, what, where, when
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Pablo's team has done good work obviously but this is such a weird way to respond to criticism and frankly kinda undermines your credibility.
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I think this is exactly backwards and the crucial flaw of the essay. It's about the Tate manosphere, well-trodden ground, rather than the much more complicated and interesting phenomenon of normie young men broadly moving right, but the essay pretends it's the same phenomenon.
Anyway, read the essay, which is not about trying to figure out why men are disproportionately on the right, but rather trying to explain it to people who'd like the problem to be much simpler and easier and women's fault than it is
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