Tag Archives: MoFreedom

Saudi Arabia is Awful At Investing | Markets Are Dumb 4

So why am I the only guy talking about this? In today’s video I connect a bunch of dots to point out that Saudi Arabia’s investment program isn’t going to help them out of their current mess. In fact that investment program is more than a bit nuts. Funds that are desperately needed to reinvent the country are being sent to some of silicon valley’s riskiest money pits. It’s possible that these investments will make some money eventually, but it isn’t what I’d call likely.

The truth is that all of this information is out there. Today’s video wouldn’t be possible without some great financial journalism done by folks at Bloomberg and the Financial Times. The FT’s “Saudi Sovereign Wealth Fund Scrambles For Resources” in particular was very useful. But this stuff is often behind paywalls, and only read by nerds like myself. This information is all out there, and it’s being acted on by serious investors. That’s why that magical city, NEOM, isn’t going anywhere, and its German CEO has already been shuffled off to another job. That’s why the Saudi-Blackstone infrastructure fund announced at the Saudi-Trump orb fest last year can’t find any other investors. The broader situation really is dire, far beyond the headline grabbing problems with Tesla and Uber.

This is a slow motion catastrophe. But it hasn’t made much of an impact on the broader consciousness yet. That’s because the Saudi PR machine is still working in high gear. Bloomberg, FT, and occasionally the New York Times will follow up on all these projects and their failings, in articles that are only read by a few tens of thousands of people. But when a new project is announced it’s in ALL the outlets, with videos, puff pieces, and endless social media placements. The more disturbing facts are all out there, and I’m proud that I got to bring them to you with today’s video.

Full disclosure: I own some Tesla stock and I’m actually pretty bullish on the company’s long-term chances. If Elon Musk can get his head on straight that is. That doesn’t mean it’s a good investment for Saudi Arabia…

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How Stormy Daniels Can Help End The Yemen War | Yemen 12

So how do we bring about change in 2018? It may seem like I’m doing advertising for MSNBC with today’s video, but I assure you I’m not. It’s about trying to take a chunk of media that serves a purpose and put it in front of more people. This may seem petty and small, but I really don’t think it is. In fact, I think it’s this kind of “media hacking” that can actually bring about change in the modern day.

It’s common for people to be hopeless about the way things are going. “Whatever, we’re all screwed!” is often the prevailing attitude. We’re all at the mercy of insane government institutions and the media that gave us our reality TV president. One of the central messages of this channel is that that approach is nuts. In fact, we’re in a better place than we have ever been. In the United States at least, we’ve got a 230 year old system that provides all the tools we need to change things for the better. The weird social media / news / politics ecosystem that is evolving now is tremendously disconcerting, but it also provides new opportunities. We wouldn’t have ended up with Trump without the internet. But would we have ended up with the speedy adoption of marijuana legalization, gay marriage, or the (painfully slow) fall of mass incarceration without the internet? It’s not all disaster.

If we do solve the problem of the US forever war, it’s going to be by using these new social media tools in combination with the older tools of the US political system. I have no idea what that’s going to look like. But I think the experiment that is today’s video is worth trying. Last March, when the senate was debating a resolution that could have ended the war on Yemen, I urged people to call their congresspeople. This is just another approach to the same goal.

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The War In Syria May Be Over. What Now? | Syria 19

Keen eyed viewers may have noticed something a bit odd about this video… Have I gone full tin-hat and joined the “Assad doesn’t use chemical weapons team?” No, no I have not. I feel the same way about this issue that I do about religion. I find those who claim any kind of certainty, one way or the other, deeply silly.

In April the United States bombed Syria, supposedly in response to a chemical attack that Assad carried out in the Damascus suburb of Douma. In my video on the topic I covered the two interpretations of the event, and why I didn’t find either particularly persuasive. The bombing struck me as being about US domestic politics more than anything else. My video demolished the idea that there was any real security or humanitarian rationale to the Trump Administration’s bombing, but it also pooh-poohed the claims of the “Assad was framed!” set. Today’s video is a bit more sympathetic to the idea that the rebels cooked up April’s chemical attack to get the US to bomb Assad.

People shouldn’t be forced to be on one side or the other. Neither the Assad regime, nor the US intelligence community are trustworthy actors. I tend to give the US intelligence community more of the benefit of the doubt, but perhaps I’m biased. Our opinion of a given controversy shouldn’t be black and white. It’s entirely possible that what happened didn’t fit either narrative. It wasn’t necessarily a CIA stitch-up, the US could have been manipulated, or it could have let itself be manipulated by elements on the ground. We should also change our opinion based on new information. And with respect to April’s chemical attack, the US intelligence community has burned up a lot of my good will.

In April the US government justified its bombing with assertions that the nerve agent sarin was used in the attack on Douma. This is important, because it’s well established that many actors in the Syrian war have the capacity to deliver more widely available and more easily deliverable chlorine gas. The presence of sarin was important in the US’s story that this Douma attack was different, and more worthy of punitive action. The US made this claim, and got the United Nations to back them up. Well, earlier this month, the Organization for the Prohibition of Chemical Weapons (OPCW) released its report, and they didn’t find any Sarin. So we know that a significant portion of the story Trump and Mattis was selling was bullshit.

But once again, this is a spectrum. It doesn’t mean the CIA planned this. But it seems much more likely, to me anyway, that April’s Douma attack was carried out by the rebels themselves to try to win a propaganda victory against Assad. This could very well not be the case. Who knows, maybe Assad hopped in a helicopter and dropped those Chorine canisters himself. But if that’s the story the US government wants to tell, it shouldn’t let itself get caught out in such obvious lies. It forces me further down the path to tin-foil hat territory.

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The TRUE THREAT To Mueller’s Russia Investigation

Man, Timing can be awkward sometimes. My programming choices tend to be pretty free from influence of outside events. If something important happens, I’ll react to it, usually with a live video, but other than the 2016 US election and Brexit vote, I rarely tune my content towards things that are happening. I decided to finally address the Mueller investigation with today’s video, simply because my thinking on it matured to the point that a video became possible. I’m talking about Mueller investigation this week, because I finally thought I had something worth saying about it…

What I didn’t expect when I wrote this a couple weeks back, was it coinciding so directly with the Putin-Trump summit. And I certainly didn’t expect Trump to put in the performance he put in yesterday. I think the reaction to Trump’s mealy-mouthed and sycophantic approach to Putin is a bit over-blown, but only a bit. It was pretty pitiful to watch, and if you’re more invested in myths of US virtue and power than I am, it must have been especially painful. The reactions, both from my friends, and from social media have been pretty intense. The folks who have always been convinced that Trump is a Russian tool are now adding to their ranks. It’s kind of an odd environment to be releasing a video skeptical of the Mueller investigation into, but hey, that’s what I’m doing! Can’t wait to see how it goes…

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The Stock Market’s “Trump Bump” Is Over | Markets Are Dumb 2

With today’s video we go all in on discussing the US stock market. There’s this idea that stock markets are somehow rational, or serious. People who talk about it are always wearing suits, and we put a lot of effort into making all the details of interest rates, portfolio management, and valuations seem boring. The stock market is none of these things. In fact it’s nuts. By going through the history of the “Trump Bump”, I attempt to draw the curtain back a bit.

Unfortunately, watching the video, I think I screwed something up. It’s not that the story I put forward is wrong, it’s just that I left too much out. The video falls into the “Presidents impact everything” school of commentary. I hate that school. The differing views market makers took of Trump and Obama are tremendously important to this particular economic story, but that doesn’t mean that presidents are actually all that powerful. I really don’t want to create that impression, and I apologize if I did so with this video.

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Democracy Is NOT Dying

This video does a good job of laying out how ridiculous the “Democracy is Dying!!!” story is. But what it doesn’t do is lay out why the story gets so much play. The sad fact is that it’s useful to powerful people in the United States. Once again, it all comes back to the US military industrial complex. The wise men of the Pentagon have realized that “Terrorism” is losing its power as a motivating factor. Despite the best efforts of Trump & Co. it’s obvious that general white loser angst has had a much higher body count in the US over the past decade than “Radical Islamic Terrorism”. So we need something else to be scared of to justify our absurd military budgets. That’s why this narrative gets so much play.

The idea is that if “Democracy is Dying”, the world really is “more dangerous than it ever has been” as the Pentagon keeps telling us. I may do a video on this in the coming weeks… I’d be interested to know how much relevance this story has beyond the national security nerd twitter bubbles I frequent. In those circles this “Democracy is Dying” story has become the conventional wisdom. Is that the sense you get where you are at as well? Let me know in the comments.

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The UAE Is Winning The War In Yemen | Yemen 11

In recent months I’ve realized that there’s a gaping hole in my “Yemen’s Disaster” series. The series does a good job laying out the many different divisions within Yemen, and between the sponsors of differing sides in Yemen’s civil war. But it leaves out the very important role of divisions within the “Saudi Coalition” that has been destroying the country. The United Arab Emirates, supposedly allied with Saudi Arabia, has been pursuing a very different strategy, which is laid out in this video.

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Yemen and Ukraine Are Exactly The Same | Yemen 10

I don’t necessarily have too much trouble with hypocrisy. Any adult realizes that we’re all hypocrites to some degree. But we should know what we’re doing. And the level of hypocrisy illustrated in today’s video is pretty extraordinary. Yemen and Ukraine are two of the world’s hot spots. Essentially the same thing is happening in both countries. A more powerful neighbor is trying to invade and change them. If we care about international law, we should be more willing to make these comparisons more often.

Also, watching today’s video, I realized that I’m being deeply hypocritical in the video. I was so excited to make this comparison that I left my own country out of the analysis. The United States invades countries more frequently than anybody else does. The vid should definitely have mentioned that. But I think the point still stands. One day the US might be able to be constrained by international law as well. If we’re going to get there, we have to be willing to try to look at all conflicts with a little more objectivity. Which is hard for hypocrites like us…

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