I don’t take this story any more seriously than the eight million other “Putin is in failing health” stories that have been circulating for the last several years. But I am intrigued that it’s coming from the Murdoch-owned NY Post. Seems like ol’ Rupe is cutting ties with Putin, just as he (supposedly) is doing with Trump. Are the glory days of the billionaire asshole all-star band behind us?
(Though who knows, maybe he’ll form a new one with Elon and Kanye.)
I was disappointed not to see #pooputin or something trending on the birdsite.
Although his security guards immediately rushed to his aid, the impact of the fall caused Putin to “involuntarily defecate” due to “cancer affecting his stomach and bowels,” according to the channel.
I’m reserving judgment on if this is true or not until lazerpig weighs in.
NYT: “Ordinary Investors Who Jumped Into Crypto Are Saying: Now What? Many small investors who piled into cryptocurrencies on FTX, BlockFi and other platforms are recognizing the perils of investing in an unregulated industry.”
I look forward to more cutting-edge insights from the NYT, like “Some participants in multi-level marketing schemes say promised returns may not be realistic,” or “Local investors begin to doubt that deed to Brooklyn Bridge will ever be delivered.”
Timex
4535
“Dumb people were conned, and now they wonder where their money went.”
Menzo
4536
In this case, since some of the people conned were the media, we are now going to be subjected to navel-gazing nonsense stories so they can convince themselves that they shouldn’t have seen this coming.
ShivaX
4537
“No one could have predicted that digital fairy dust is a promise that couldn’t be delivered on.”
“Lots of financial experts are stunned that this obvious thing that everyone could see was bullshit was bullshit.”
It’s the sub-prime loans sort of mentality all over again. Only instead of complex financial constructs, it’s obvious nonsense. But you see they were smart enough to make the sub-prime thing work when the peasantry didn’t get it, so obviously they know better in all cases. If only they’d had a couple more months they could’ve gotten rich off this (despite the fact that there was likely no way to get their money out of the system because it was a Ponzi scheme).
But they’ll still go back to those same financial “experts” for the next big floor shitting and people will nod sagely at their obvious brilliance.
I’ve never been able to get around idea that all investment advise is fundamentally suspect. Anyone with sure knowledge about a good investment would simply invest in it themselves. And the absolute very last thing someone with such knowledge would do is share with anyone else to say nothing of doing it for a living making others rich.
Even NYT staff say fuck the NYT.
I’m perfectly happy doing this all the time.
Djscman
4541
We’ll find out when the strike has been resolved when a few Guild members release their books about the strike in the next few years.
Heh, us usual, most of the workers are ordinary staff and behind-the-scenes workers, not journos or columnists. The strike is to support them.
Timex
4543
Is the NYT actually doing good/making money?
Given how hard things have been on print media, I’d worry that hurting an employer that is already hurting might backfire.
But maybe the NYT is doing way better than other papers, due to its size.
I think they did a pretty good-sized share repurchase program last year? Something like $150 million? Don’t recall the details.
I mean, “oh it’s bad for employees to hurt the company” is an evergreen response to any labor action, isn’t it?
Can’t have the human capital getting all uppity and thinking labor is valuable like stock options.
Thrag
4546
Pitchbot batting 1000% as usual.
Oh, wait.
New York Times: Belittles liberals, removed anti-trans speech from the hate speech policy, unbanned Trump and countless white supremacists, chats up a storm with Mike Cernovich, promoted stories about Hunter Biden’s laptop … there’s just no clear pattern at all.
Aceris
4549
Oh FFS, nice one.
In his head Elon clearly believes he is a classical liberal with libertarian leanings. But he’s been sucked into the right wing nonsense field (because it feeds his ego), and is effectively opposing a lot of the values he still thinks he holds! And he isn’t unique in this - there a bunch of people who have walked this road before him. An article of the pernicious nature of this road and the culpability of those who walk it would be interesting!
I’m willing to bet this isn’t what the NYT article is about. And it is very, very clear by now what Elon actually supports.
