From the WSJ:
U.S. Home-Price Growth Slowed in November
U.S. home-price growth decelerated in November as months of fast-rising prices pushed some buyers out of the market.
The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, rose 18.8% in the year that ended in November, down from a 19% annual rate the prior month.
Home sales rose to a 15-year high in 2021. Low interest rates spurred robust demand, and remote work enabled some workers to move farther from their offices and seek out more space to work from home. But intense competition for a limited number of homes on the market pushed home prices to record highs.
The median existing-home price in 2021 rose to a record $346,900, up 16.9% from 2020, the National Association of Realtors said earlier this month.
Rising home prices have pushed some buyers out of the market. About 52% of prospective buyers were actively house hunting in the fourth quarter, down from 61% in the second quarter, according to a National Association of Home Builders survey.
The Case-Shiller 10-city index gained 16.8% over the year ended in November, compared with an 17.2% increase in October. The 20-city index rose 18.3%, after an annual gain of 18.5% in October. Price growth accelerated in 11 of the 20 cities.
First
3 feet of snow? Latest forecasts look more like a bust for NNJ.
not a chance …..
Looks like the shore gets hit again, not much else.
GFS is the only model that has it offshore, all others have it hitting us pretty good
Lib, you should re-post your market view here again.
I’ll throw in, headlines points only. Happy to expand and discuss any.
On stocks:
First, remember the Fed (rates) is only one component of stock pricing, and one which will have more clarity relatively soon. We are in the middle of earnings season.
The amount of angst and craziness among professionals regarding one Fed presser is astounding…25bps, 50bps, two cuts, four cuts…ignore anyone, no matter their credentials, who has approached their analysis with the rigor and demeanor of an eight year girl running face first into a spider web.
Valuations matter, especially in the long term. Always have. Always will.
On valuations, to come back to ‘norms’ for the indices one probably needs prices at least 16% off highs. Indices are composed of an aggregate of individual stocks. Don’t over look that important point.
Remember valuations, on an index or share, has two components…price and earnings. Both matter.
Growth matters. PEG ratios > P/E.
Shares may go through a period of price consolidation while earnings ‘catch up’ to make valuations more reasonable (yes, I’m looking at you AAPL, 20/21). Overvalued stocks need not only decline to bring valuations to ‘normal’.
No trend – up or down – occurs in a straight line. Uptrends have pullbacks, downtrends have dead cat bounces. Stay true to your touchstones of valuation, earnings, and growth.
Going to be fun to watch crypto hackers empty El Salvador’s central bank.
Leftwing,
Great breakdown of fundamental analysis.
An alternative strategy would to just let Cathie Woods pick disruptive game changers and to mindlessly dollar cost average yourself into oblivion.
Though I’m sure every banana republic dictator is salivating over the portability of bitcoin. Now they can abscond with the entirety of a nations wealth using nothing but some hexadecimal characters. Helicopters and planes full of pallets of paper currency, seems so antiquated.
I’m guessing the countries opting into crypto are those with governments open to money laundering. It could be a win-win-win for the politicians, criminals, and local economies. Biggest risk is no longer having a robust market to exchange crypto into other assets.
So what about the Fed today?
Let’s start with what they are trying to address…inflation.
First note central bankers are calm demeanor, conservative, and studious…anyone expecting a bomb from JPow at the tails of the distribution curve this afternoon just delete from your news feed. The overriding press conference theme will be ‘we acknowledge’ and ‘measured response’. As always.
On inflation….this inflation is different, it is driven by asset inflation (wealth effect) and supply chain, not by wage growth. Wage growth, except at the bottom, is not at all extraordinary. Asset values are through the roof. The response needs to address the underlying cause.
Solving this inflation requires taking the air out of asset values…the Fed will never say that out loud but that is the only solution to the cause of this inflation. Their challenge is to let the air out of the balloon slowly, not pop it.
Popping the bubble – failure – includes inducing a recession. That is to be avoided.
There is 75bps between the 2 year and the 10 year. The Fed will not invert the curve. Overly simplistic, that’s three hikes. Anyone calling for six hikes or more needs to get whatever they are smoking to Ex because it will be the best shit he’s ever had.
Short term rates affect employment (wages), long term rates affect asset values.
Pay attention to the second Fed lever and the one that caused the asset inflation, the bloated Fed balance sheet. As short term rates have minimal effects on asset values and asset inflation is the issue, the real action will occur here.
The Fed chairman has the biggest bully pulpit around, larger than even 1600 Pennsylvania Ave…the market will often do his work for him just based on his words. That phenomenon has already begun and may very well imply less action required than thought.
So put all the above in the blender and what does one get today?
A presser that should be highly predictable and normal…measured, acknowledged, non-specific….and as such, given the crazy forecasts for what he may say or do, one that will be viewed as bullish for the stock market.
But, recall, in valuing the market (where do share prices go)….earnings, earnings growth (healthy economy), and rates all matter…and the unstated implicit goal of the Fed this go-around is to control asset values to rein in inflation.
Stay true to the investing touchstones, use them to lean in (hard) when opportunities present themselves when the rest of the market is flitting around. You will do well.
Recent discounting on aapl, dropping any verification of academic affiliation for discounts, very suspect. Haven’t remembered a time in recent history with so many widespread discounts on apple products, with many products being sold at lowest prices ever. M1 MacBook Air for $849 at Amazon, AirPods lowest prices ever, AppleTV lowest prices ever. Series 7 Watch discounted the fastest I’ve ever seen.
Indicative of only two things – huge products announcement in early spring (historically apple only discounts immediately pending a product release to blow out inventory) though the main apple analysts are not expecting this, or a big desire to pull forward demand. For a company that has been historically known for a pricing strategy centered on never, ever, discounting, there has been a huge shift through holidays and into 2022.
This coming off their best quarter ever.
LW,
I would have liked that attorney as well :)
My latest one is the closest I have gotten.
I’m just catching up on the Neil Young/Spotify/Vax thing. First of all, I love his music, saw him live along with CS&N. He did a 30 minute set by himself. As for his message about the vaccine, maybe he should write a song with the lyrics, “Keep on rockin’ in the soc1alist world?” He won’t sing for Pepsi, Coke or any of those guys but he’ll sing for Moderna? Okay then.
You know what I’d like? I’d like to interview these people and see how they like the world they created:
https://youtu.be/1VM2eLhvsSM?t=1
“You know what I’d like? I’d like to interview these people and see how they like the world they created”
Phoenix, for them? Likely approaching if not through 70 years of age?
They love it. Look at their asset values for doing little more than existing. Nancy Pelosi is their poster child.
For anyone sub-40…..you’re just trying to stay up and keep your head above water in the massive wake they left behind.
Left, appreciate the advice. You didn’t tell me anything I didn’t already know. But, you definitely gave me the much needed whack on the side of the head to get me to ignore the noise (which I usually do pretty well) and focus on valuations (which is my bread and butter). Certainly, don’t expect any surprises from the FED. Just trying to figure out when the buy the dippers will panic out.
Will likely hold strong for now. You are correct. The focus needs to be on the asset purchasing. Last time they tried to stop it, the market went kablooey. Can’t imagine that won’t happen again.
As for the blizzard, two models moved the storm eastward at about 4am last night (I got up to pee and checked the forums). The Euro still looks great, and historically, that’s the model I tend to trust the most, especially in the next 24 hours. But the Euro has been predicting storms similar to this (though smaller) all winter long to nothing but busts. If any of the models start moving West, it’s game on. Will keep you all informed (as always).
On Neil Young and no, I know nothing more about the whole Spotify, Joe Roegan thing than I’ve read here.
Neil Young is an incredibly honest, principled and straight shooting dude. He’s not out to make a buck off of this or into generating controversy. He was interviewed on Stern maybe a month ago. He didn’t hide that he sold off a bunch of his publishing rights. I knew nothing more about him then that he was a pretty terrible vocalist, but a decent song writer before the interview. If any of you get a chance, before you formulate opinions, find out the motives. Neil Young is not a political hack. Far from it. He’s more of a Bernie type if anything. There’s not a hurtful bone in his body. As for JR. I’m not into MMR nor am I into his style of show. He appears to be less political and more about shock factor. The more controversial the guest, the better. More power to him. This is America. He’s making a lot of money, which is smart. Spotify will decide what to do. They’ll probably pull Neil Young since corporations don’t have principles. They are guided by profit and profit tells me that a lot more people like JR’s podcast, than Neil’s lousy vocals.
At the end of the day. I respect both of them and don’t fault either of them.
Star Ledger just made the 1 foot call, cue the panic.
On the comparison to Nazi Germany.
Doesn’t feel like a particularly accurate analogy. Today, everyone has a soapbox, platform, whatever. Whether they deserve one or not. There is almost no way to distinguish between celebrity and journalist anymore. This is a completely new phenomenon. When Cardi B can tweet misinformation about vaccination and swollen testicles and it spreads like wildfire, getting major airtime on media, we have a real problem here, or rather, we’ve created a real problem here. We’ve created a model where celebrities become influencers and influencers become trusted media channels, whether they deserve it or not. I’m not sure anyone has come to grips with what an awesome responsibility a platform like this is, but we’re oddly complacent in letting idiots run wild in it. 80 years ago this didn’t exist. Hitler’s hellbent destruction of the intelligencia was an attack on actual authors, scientists, doctors, professors, and not any kind of fly by night “influencer” with a platform they don’t deserve.
Wouldn’t it be nice if the people were intelligent enough to determine fact from fiction?
Clearly folks here haven’t actually ever listened to Rogan’s podcast. I never thought of him as looking to shock his audience. He has a broad guest list and generally just has people on his show that he wants to have a conversation with. Of course like everyone, he has his biases. The long format contributes here as it is relatively easy to pick one offending line out of a 3 hour conversation. I suspect he has a target on him now because his audience dwarfs many traditional news outlets and he can’t be controlled by corporate interests. (We’ll see how this Spotify thing plays out)
The storm can easily move 30 miles east or west which will make a huge difference in snowfall amounts. National Weather Service 72 hour forecast says 70% chance now of greater than 2″ accumulation.
Best estimates right now.
2″-4″ 10% chance
4″-8″ 40% chance
8″-12″30% chance
> 12″ 10% chance
Going to be an interesting year, we could see crypto crash and burn completely.
El Salvador wants a billion dollar loan from the IMF. The IMF won’t lend them real money unless they drop bitcoin. Their citizens are not trading in their own money or bitcoin they are still using US dollars cash transactions and risking arrest. The whole country could destabilize.
As far as the future for Crypto holds. Putin just arrested a bunch of hackers we want. Seems he wants to appease Biden, so REvil has now “ceased to exist” after raids and arrests. Nobody thought that would ever happen, it’s unprecedented and Putin did it because Biden asked him too because of the Colonial Pipeline hack that happened eight months ago.
I could see Russia sacrificing the bitcoin mining there any day now. Crupto miners ejected from China have setup in Siberia and are gobbling up all of the electricity like they have done elsewhere, and doubled their consumption in the last 8 months. The warning from the Russian central bank is real, if they do not shut down the crypto mining now it will continue to grow and there won’t be electricity to run what little productive industries they have.
There is a ton of Crypto legislation in the pipeline here, some good and some bad for crypto. The Feds paper last week made it pretty clear, we will never replace the dollar with bitcoin or some other crypto other then a central bank managed digital currency.
Aj,
At the end of the day, Rogan knows his audience and how to grow it. He is simply trying to make money in the same way a politician like trump gets votes.
Grim,
Well said. It’s dangerous giving these people a platform to say whatever they want.
“It’s dangerous giving these people a platform to say whatever they want.”
But it’s often dangerous stifling free speech.
Time article. Thank you for saying it. It’s pathetic what is happening to the right.
“How the Anti-Vax Movement Is Taking Over the Right”
https://apple.news/A8qVdw44uTIGiY2UbY0Z-2w
No one is taking away freedom of speech, just taking away the ability to use social media to influence people with pure bs.
The comparison to Germany was in regards to the conditioning. When you isolate people and subject them to constant fear they become quite malleable and will do some pretty bizarre and uncharacteristic things.
People were conditioned and the shots were sold as a solution to the covid mess no matter how irrational it has become. If you question that you are anti vax and should be ostracized.
Promote a therapeutic alternative and someone will come after your medical license or make up a lie about horse dewormer. It’s a crazy place we’ve got to.
Isn’t this exactly what the antivaxxers and the right did? Used fear to take control of a part of our population?
Like a quote in that Time article I shared…shoot if they come to vaccinate your kids. Pure anger and fear tactics.
“The comparison to Germany was in regards to the conditioning. When you isolate people and subject them to constant fear they become quite malleable and will do some pretty bizarre and uncharacteristic things.”
This is a fun weather tool to mess around with
https://www.tropicaltidbits.com/analysis/models/
buffoon, in order to be anti vax, there would have to be a vaccine. They don’t have one. That was part off the sell. You’ve been duped.
Duped? What’s the rate of death between triple vaxxed and the unvaccinated?
Right. You are mincing words Pumps. The miracle shot, the one that makes you 16 times less likely not to die from Covid, compared to going without the miracle shot and many times worse if you are older or have an underlying conditions. It’s not a vaccine.
Is that air you are breathing GOAT? Or is it a mix of nitrogen and oxygen as well as water, carbon dioxide, ozone, and many other compounds in trace amounts, some created naturally, others the result of human activity. In addition to gases, the atmosphere contains extras such as smoke, dust, acid droplets, and pollen.
I was talking about the narrative dummy, not the shot. The anti vax label is part of it, and it makes almost no sense.
But by implementing the mandate, and broadening the meaning of anti vax I do agree they’ve grown the ranks of that movement many fold. That part I agree with.
“The comparison to Germany was in regards to the conditioning. When you isolate people and subject them to constant fear they become quite malleable and will do some pretty bizarre and uncharacteristic things.”
Cough..Jan 6th.
Someone that actually gets it.
“It’s easy to call Cathie Wood a fraud or a failure or a bad stock picker (God knows many people have lately), but I think it’s important to remember that the disruptive innovation theme that she operates in has been deeply out of favor this whole time. 2021 marked a major shift towards mega-cap growth (basically the FAAMG+Tesla names). 2022 has featured a big shift towards cyclical and value names. Neither of those is in Cathie’s wheelhouse (save for Tesla).
Look at most ETFs that focus on next-gen technology, artificial intelligence or future tech. They’re all down around 20% year-to-date. This is an issue with the theme being out of favor, not a Cathie Wood issue.
That’s why I’m using the pullback in high tech names this year as an opportunity to pick up cheap shares of ARKK and ARKF.
My argument for buying here is pretty straightforward: these unprofitable tech stock trades need to be made with a long-term time horizon in mind and today’s market is the equivalent of a half off sale. Does this mean that I believe now is the bottom? Not necessarily although I think the worst of the damage is probably over in the short-term. Could these ETFs continue pushing lower? Maybe.”
The Case For ARKK
Cathie has said as much herself. She looks at these things with a time horizon of 3-5 years out, if not longer. She’s done that repeatedly with her Tesla position and she reiterated it again recently when interviewed.
I’m taking the same long-term view. I’ve never been a big short-term trader and markets, such as the one we’re in right now, are a big reason. Short-term trading is more about getting your timing right. Long-term trading is more about getting the trend or theme right. In terms of what Cathie invests in, these are technologies that are going to grow rapidly over the next decade. The past year or so has shaken out some of the excessive valuations and owning these now has become more attractive on a looking forward basis.
Instead of trying to identify a specific theme, I’m going with ARKK because it’s essentially the best-of-the-best ideas from all of the themes she works with – fintech, genomics, internet, etc.”
https://www.thestreet.com/etffocus/trade-ideas/why-im-buying-shares-of-arkk-and-arkf
Haven’t seen a positive article on ark in a long time.
Public defender calls for action against Sunrise sergeant who grabbed officer’s throat
https://www.local10.com/news/local/2022/01/18/public-defender-calls-for-action-against-sunrise-sergeant-who-grabbed-officers-throat/
“If you or I or anyone would engage in that type of conduct, the officers that observe that conduct would have arrested us right there on-site immediately, and this officer gets to sit at a desk while they investigate,” Weekes said.
There is a ton of Crypto legislation in the pipeline here, some good and some bad for crypto. The Feds paper last week made it pretty clear, we will never replace the dollar with bitcoin or some other crypto other then a central bank managed digital currency.
Speaking of pipelines, I sure hope someone in Europe is working through a contingency plan for a winter without Russian natural gas. Putin is just itching to get his hand on the valves to punish the Nato west if war breaks out. Would be wise to stockpile tankers in the Atlantic.
Rogan doesn’t do “shock value”. He just has guests on from all kinds backgrounds. I only watch the podcasts that have someone I’m interested in. He had Michael Osterholm before the pandemic even got started here in the US and it was a great interview. He’s a fantastic interviewer who isn’t afraid to ask hard questions. The left is throwing a hissy fit because big tech is colluding in monopolistic fashion in concert with the government to deplatform people, and Rogan immediately has them on once that happens because he’s against censorship in all forms.
“Hitler’s hellbent destruction of the intelligencia was an attack on actual authors, scientists, doctors, professors, and not any kind of fly by night “influencer” with a platform they don’t deserve.”
Hitler’s destruction was also enabled by labelling some people as ‘not deserving’…no?
Everyone wants to engineer outcomes by constricting freedoms, until and unless those outcomes are against their beliefs.
Can’t have it both ways….either you are free. Or you are not.
“When you isolate people and subject them to constant fear they become quite malleable and will do some pretty bizarre and uncharacteristic things…Cough..Jan 6th.”
You are correct but not in the way you intend…
The ‘isolation’ and ‘fear’ of these individuals was perpetrated on them by the Left….starting at least by the time a major Party candidate for President referred to them as ‘the deplorables’.
And it continues through today, as a Party with a minority of seats in the Senate attempts to eliminate protections for citizens of the other minority Party.
Their fear is understandable and palpable….and, yes, that makes them malleable and act uncharacteristically…
Brt,
Let’s be serious. Rogan has an agenda to sell to his audience what they want to hear. If I didn’t have every single one of my right winger friends sending me that video to demonstrate their case against vaccines, I would maybe agree with you.
He got big off of Musk smoking weed on his show. Nah, no shock value going on here.
Grim you are wrong about the Nazi Germany comparison because it is not Joe Rogan they want to silence it is his guests he had on his show who are Scientists and doctors. Rogan’s willingness to share what the dissenting voices are saying with his audience makes him a threat. All information must come through pravada! He is outside of the tight control of the MSM and shows a willingness to talk to people they wish silenced.
Quite literally they are trying and have succeeded in getting any and every dissenting voice declared a quack. How about all the doctors they have threatened with license suspension for not towing in the party line? Meanwhile despite the massive vaccination campaign deaths were greater in 21 than in 20, any discussion or investigation of why this maybe is verboten. Furthermore despite delta being more pathogenic it was far less virulent than Alpha. None of this will be discussed.
If you don’t see what’s going on you are either blind or lying to yourself, we are going down the road of Franco’s Spain, Mussolini’s Italy, Nazi Germany, the USSR, etc. Public health cannot be used as the excuse if we allow the elimination of freedom of speech under these circumstances it surely will not stop here.
The world may be a huuuuge mess, but it’s damn nice out here in LA today.
2:12 we’ve been a police state since forever.
Just sayin
The vaccination campaign has been an abject failure at stopping covid and that is the best case scenario. The worst case scenario is that Geert Vanden Bossche is correct and we may create a very dangerous situation. Doubling down on boosters and mandates at this point isn’t only pointless but potentially dangerous.. This man is an expert is his field and there are others like him ringing the alarm bells.
not Nazi Germany you say…..
https://www.voiceforscienceandsolidarity.org
This kind of looks like it a smear campaign has been undertaken against opposing scientists.
His podcast was number 1 before Musk ever got on buddy. He already has his 100 million. He’s good. You have an opinion and haven’t watched him once. I’m not interested in your opinions on him as you have zero knowledge on the subject.
grim says:
January 26, 2022 at 9:55 am
“Today, everyone has a soapbox, platform, whatever…”
Not sure if an oversight, or a deliberate attempt to ignore the de-platforming of conservatives and Republicans, but it is absolutely not true to say that everyone has a platform. There is most certainly an effort within social media, entertainment and academia to silence conservative viewpoints. Just as an example, take a look at permanent Twitter bans since 2019ish — lots of Republicans, lots of conservatives.
Twitter suspensions link…
https://en.wikipedia.org/wiki/Twitter_suspensions
Cardi B could easily be made irrelevant on the issue if the CDC/FDA were willing to post information to allow consumers to make informed decisions. The Canadian Health Ministry released a paper and brochure that broke down the side effects from the 3rd shot by age and type of shot or combination of shots. As a 41 year old, I can go on their table, see that I had two Pfizer, what my risks were going with Pfizer, Moderna, or J&J on the 3rd shot. Here in the USA, we pretend there are no side effects and anyone that says otherwise is peddling misinformation.
Come on, how do you guys support letting this guy have a platform. If you can’t see this is wrong, I don’t know what to tell you. Pretty sad.
“‘A Menace to Public Health’: Doctors Demand Spotify Puts an End to Covid Lies on ‘Joe Rogan Experience’
Unlike many platforms, Spotify doesn’t have a clear policy prohibiting misinformation. 270 physicians and scientists are hoping to change that
As an infectious disease epidemiologist and research fellow at Boston’s Children’s Hospital who debunks health misinformation on Instagram —where she has more than 380,000 followers — Jessica Malaty Rivera regularly receives tips from her followers about viral content to debunk. A few weeks ago, her followers started sending her a link to an episode of the Joe Rogan Experience, the most popular podcast in the world. The episode was an interview with Dr. Robert Malone, a virologist who touts himself as one of the architects of mRNA technology.”
https://www.rollingstone.com/culture/culture-news/covid-misinformation-joe-rogan-spotify-petition-1282240/amp/
“‘A Menace to Public Health’: Doctors Demand Spotify Puts an End to Covid Lies on ‘Joe Rogan Experience’
Unlike many platforms, Spotify doesn’t have a clear policy prohibiting misinformation. 270 physicians and scientists are hoping to change that”
“As an infectious disease epidemiologist and research fellow at Boston’s Children’s Hospital who debunks health misinformation on Instagram —where she has more than 380,000 followers — Jessica Malaty Rivera regularly receives tips from her followers about viral content to debunk. A few weeks ago, her followers started sending her a link to an episode of the Joe Rogan Experience, the most popular podcast in the world. The episode was an interview with Dr. Robert Malone, a virologist who touts himself as one of the architects of mRNA technology.
Rivera was familiar with Rogan, as well as Malone. She knew that Malone had been banned from Twitter for promoting Covid-19 misinformation, and that he had been making the rounds in conservative media circles undermining the efficacy of the vaccine. When she watched the interview, she was horrified to see that he espoused various conspiratorial and baseless beliefs, from the idea that “mass formation psychosis” is responsible for people believing in the efficacy of vaccines; to the claim popular among anti-vaxxers that hospitals are financially incentivized to falsely diagnose Covid-19 deaths. The episode featuring Malone went viral, and was shared widely in right-wing media circles as well as on Facebook, where the link on Spotify has been shared nearly 25,000 times, according to CrowdTangle data.”
The only reason you defend this crap is because you will defend team red till you die. It’s sad that you guys see nothing wrong with this. Just wild.
And I have watched Rogan, but it doesn’t appeal to me. Why the f’k would I waste 3 hours listening to the bs.
I heard Malone speak early on during Covid. It appeared more as a political stunt to me.
Hi, Alex. Thanks for taking the time to chat. My first, obvious question: why are you so interested in Joe Rogan specifically?
Alex Paterson, researcher at Media Matters: I started regularly monitoring Joe Rogan’s podcast beginning last year in 2020 when he had Abigail Shrier on to push anti-trans rhetoric. She’s an anti-trans journalist who used to work at The Wall Street Journal, and during that podcast, they compared being trans to joining a cult or cutting yourself through self-harm. After that, knowing that Joe Rogan’s podcast is one of the most popular — if not the most popular — podcasts in the world, I wanted to track the rhetoric he’s pushing on his show to help document how harmful it is to our society at large. Particularly in this new year, and as the pandemic has begun, Rogan has taken a clear lurch to the right and become a serial misinformer when it comes to COVID-19 misinformation, and we’ve been trying to document and limit the harms that he’s trying to push into the world.
https://www.theverge.com/2021/12/7/22821823/joe-rogan-media-matters-hot-pod-spotify-moderation
You said you’ve been tracking him since 2020. How have you seen Rogan’s rhetoric change in that time?
I believe he’s become more emboldened to push baseless conspiracy theories and right-wing lies over the past year. Since I started reporting on Rogan’s podcast, he’s broken into mainstream coverage fairly often: first, with his lie about left-wing people starting wildfires in Oregon, and then again really prominently, [saying] he would encourage healthy, young people not to get vaccinated. And throughout all of that reporting, at least from my view, he hasn’t faced any real punishment from Spotify. And I think that’s emboldened him to continue pushing hate and lies on his podcast. Just from listening to him every day, he’s by no means remitting conspiracy theories and false rhetoric on his show. If anything, he’s leaning into it more. He’s celebrated in conservative spaces for it. He’s a darling of the conservative right in the United States.
Correction. Wasn’t Malone. Sorry.
Pumps
The establishment is after Joe Rogan but not after these medical experts?
Here’s a summarization of a few statin studies with links the the mass media they first appeared in.
https://www.marksdailyapple.com/statin-insanity/
And doctors wanted to give statins to kids as young as 8 years old. Even though there is no evidence that kids taking statins will have fewer heart attacks and strokes as they age.
https://www.marksdailyapple.com/the-beginning-of-the-end/
Stuff like this contributes to the anti vaccers and general suspicion of mass media and big pharma.
TNX – 1.8480
I deal with blood all day, but never like this:
https://bit.ly/3FXAjIs
If you want to hear Malone talk about Pandemics, here’s a clip of him 4 years ago before ever COVID existed. Watch it, or you have absolutely no right to even speak on him. Zero.
https://www.youtube.com/watch?v=o33K9KrOMlg
If he wants to be taken seriously, why does he keep attacking instead of cooperating? Is this guy god? He went down a dark path and that’s on him…no one else. There is a reason he is getting banned, he isn’t a little saint. He made his bed…now let him sleep in it.
BRT says:
January 26, 2022 at 4:48 pm
If you want to hear Malone talk about Pandemics, here’s a clip of him 4 years ago before ever COVID existed. Watch it, or you have absolutely no right to even speak on him. Zero.
https://www.youtube.com/watch?v=o33K9KrOMlg
There are ways to protest the system and there are ways not to. If this guy is so f’ing smart, why can’t he figure that out? He’s still crying about grad school. He needs to move on.
I cannot talk shop, so mentioning autoparts names or opinions is something I won’t do. I will note that most official autoparts companies have been left behind by “EV Plays” whether maker or supplier. They get called a “legacy” company if they aren’t mostly about EV or self-driving components. Tires at least will still be sold until everyone has access to that fleet of electric autonomous flying cars (EAFC) that’s right around the corner. I wonder how many EAFC plays Cathie has.
Spotify decided, Rogan wins.
Spotify decided, censorship loses.
Even when sponsored by an icon. Good for the Swedes.
Maybe American companies can learn something from them.
It was obvious from the get go. Neil Young knew this going into it. He is a man of principles and was never going to be a part of something he knew was wrong.
The Swedes demonstrated once again human nature is the same throughout the world…putting money ahead of values isn’t only an american thing.
Now Rogan can continue feeding his target audience with the bs they crave.
ok, it’s clear Pumps can’t take 3 minutes out of his day to watch a clip
Spotify decided, Rogan wins. As predicted. :P
Crypto going red. More bleeding to come.
Brt,
F’k him. He made his bed. It’s not for you to defend. If he would just man up, and work with other people, this could all go away. Instead he keeps doubling down.
You were obviously offended by the 3 minute video right?
BRT,
Just because he is sane in one video, doesn’t make up for the insane bs in others.
The guy was obviously really smart, but he snapped.
And that’s what makes him so dangerous. How he can be so correct on one point, but bsing on others. The most dangerous people alive.
What did he say that is so dangerous?
Did he have to say that the hospital has an incentive to claim a covid death? Is that really needed?
The difference between
$2 per mile ridehail and
$1 per mile robotaxi (as a starting price)
is the difference between
$100 billion and
$1 trillion
in annual revenue
https://twitter.com/wintonark/status/1486519376060706819?s=21
No One, you prefer Euro, US, or Japanese mfr? How about material costs/inflation?
lol, I’m done.
LOL. Told you….
GFS model shows the storm moving east. Looks like not much snow after all
The people that rail against Rogan remind of the nagging mommy groups that used to complain about Howard Stern in the 80s and 90s. Grasping their pearls and shouting about “He has a responsibility to use his platform for good and not spread, blah blah bah”
Shut the f@#K up, seriously, shut up.
And when people from our federal government are now on record saying “Big Tech has a responsibility in this fight to stop the spread of mis-information” (our current Surgeon General just said this). it makes me want to puke.
Rogan is basically your burnout friend that smokes weed and enjoys psychedelics and then has a conversation about all kinds of topics. If Joe Rogan represents a danger to your worldview, then you are a gigantic pu$$y and the world deserves to laugh, and laugh very hard, at your fragility.
Just shut up already.
Nope, not even a comparison between Stern and Rogan.
Look, I don’t mind Rogan, I’ve listened to it, he’s had some great shows.
But comparing to Stern? No way. Stern did what he did over FCC regulated radio. He was cutting edge at the time, bucking the rules. BUT, he was always a straight shooter, no bullshit.
Plenty of republicans shifted over to Rogan after Stern denounced Trump and the Republican Party, probably even more after Stern has been railing against Anti-vaxxers.
“I was never a Democrat,” Stern said. “I voted for tons of Republicans. But I really don’t think I could ever, ever vomit up a vote for a Republican again. I don’t think so.”
Rogan is a short little f*cker. Saw him out in LA.
Literally give zero fucks about whatever he thinks/says.
Short men annoy me.
“Nope, not even a comparison between Stern and Rogan.”
Agreed there, I was a huge Stern fan. I dare you to sit through 30 minutes of his show today. Stern has morphed into “the Man” that he used to rail against. It’s sad to see but decades of fame and hundreds of millions of dollars will do that to you I suppose. I wouldn’t know, but it seems logical.
Ah, Stern. I first discovered him in 1982 on his afternoon slot. I’d listen on the commute to school. I had night classes. I used to ask people if they listened to this Howard Stern nut and no one knew him at the time. Those were the days. I haven’t heard him in a long while but I presume he’s become like Dave Letterman in the end; old, arrogant and elitist. There’s only so many grapes to consume, wine to drink, women to f.uck before you become bored with your riches and resentful of everyone.
Rogan is a short little twat. Kind of like I imagine some of you.
I need to amend the statement that there is no comparison between Rogan and Stern.
I think it is correct, they aren’t in the same league today. Rogan’s reach and audience is 10x what Stern has. Peak Stern vs Today Rogan, perhaps. But there is underlying envy in Stern when he speaks of Rogan. True, that a guy like Rogan benefits hugely from the path that Stern blazed decades ago. But let’s just look at the ratings, a metric that Stern defined his career on – Rogan has 11 million average listens per episode and he produces 100+ episodes a year. Whereas Stern is currently a fading star that is on a dying media delivery system. Spotify, Youtube, Audible etc are the kill shot to satellite radio. If not for the fact that satellite is given away with every new car, it would already be dead.
My bet for SCOTUS pick? Kamala.
Yep. It’ll piss a lot of people off.
It’ll get her out of the way in the next POTUS contest.
Next POTUS candidate? A gender fluid veteran
with a penchant for social justice.
My ballsack is more interesting than Joe Rogain.
Proof that 11m are bored as Fuuuuuuuck
Average Rogan podcast listener is 24.
Not sure how many even know who Stern is?!
a new data investigation by The Verge finds that the powerful podcaster’s influence has waned since he went behind Spotify’s wall. His show has declined as a hype vehicle for guests, and Rogan’s presence as a mainstay in the news has plummeted.
Because Spotify doesn’t share how many plays each podcast gets, or how many unique listeners regularly tune in, we looked instead at a secondary metric: how much of a promotional boost Rogan gives his guests. To do this, we pulled data from the analytics tool Social Blade to track the Twitter following of every guest who went on Rogan’s podcast between December 2019 and July 2021. Guests generally see a surge of new followers after appearing on the show, with some gaining as many as 18,000 new followers in the week following their chat, and that effect has grown over time as The Joe Rogan Experience gained popularity. While we can’t attribute every new follower to Rogan — guests might have been on a media tour to promote a new movie or book, for instance — the bump after a Rogan appearance is constant.
We found that prior to going exclusive, from December 2019 to November 2020, Rogan’s guests could expect to gain around 4,000 Twitter followers in the week after their episode premiered. After he went exclusive, that number declined by half to around 2,000, suggesting a drop in listeners. To isolate the effect, we focused on people who had under 500,000 followers when going on Rogan’s show, since bigger names — someone like Dave Chappelle or Elon Musk — were likely to bring more attention to Rogan than vice versa.
Source: https://www.theverge.com/22632213/joe-rogan-experience-spotify-exclusive-audience-reach
Proving Spotify is a shit platform.
Not sure there is anything wrong with Spotify per se, it’s just not Youtube.
Nothing worse than an unfunny comedian turned “activist”….
Spotify basically hoses artists..
Miss him the most of the recent losses:
https://youtu.be/Ze5Ul7Z9kE8
Manchin and Sinema will get to pick the next SCOTUS justice
Stern’s comment of pretty vague. I would be surprised if he’s voted for an Republican to National office in his lifetime. For mayor yes.
Rogan has gone on record that he’s never voted for a republican for president. It just goes to show the new purity orthodoxy of the left. It’s an echo chamber and group think. Thoughts are dangerous to them.
Howard got me through my commute for a long time. I loved how he stood up to the FCC and he was a hero in that regard. I never was a fan of the shock jock crap but loved the news and him ripping on hypocritical celebs. I think the turning point of that show was Artie leaving. Moreover, he’s aligned himself with a lot of the people he used to battle with. Basically, he joined the dark side.
I’ve never listened to Rogan. Can’t tell you his content, wouldn’t recognize a photo of him in front of me. Doesn’t matter.
Censorship is censorship. It is wrong. And dangerous.
It is also incredibly insulting.
It literally pre-supposes that you – YOU – are not capable of judging content for yourself. That you need a mid-level corporate manager or government bureaucrat to sort through what you see and hear because you are not capable.
Really? Of everything I know about everyone on here – regardless of political affiliation – THAT is your position?
That you require some GS-11 or cubicled, faceless corporate AVP to determine what is safe for you to discuss?
I know you and Media Matters more broadly cover the wider world of the right, so places like Fox and OAN. Do you see any parallels between that world and Rogan’s?
Yeah, I completely see it as related. Rogan is someone who celebrates himself as being a so-called independent thinker who has both conservative and progressive values, and I think that perfectly illustrates our general media landscape’s bend towards right-wing views and over accommodating ring-wing views and not challenging right-wing misinformation. So I think he plays a pretty central role in that landscape, and he’s also deeply connected to the network of conservative media. He hosts Ben Shapiro. He hosts Alex Jones. He’s a huge supporter of Tucker Carlson, who we know is Fox News’ hate-mongerer-in-chief. I think he plays a central role in the right-wing misinformation system.
Clown World says:
January 27, 2022 at 6:40 am
The people that rail against Rogan remind of the nagging mommy groups that used to complain about Howard Stern in the 80s and 90s. Grasping their pearls and shouting about “He has a responsibility to use his platform for good and not spread, blah blah bah”
Shut the f@#K up, seriously, shut up.
And when people from our federal government are now on record saying “Big Tech has a responsibility in this fight to stop the spread of mis-information” (our current Surgeon General just said this). it makes me want to puke.
Rogan is basically your burnout friend that smokes weed and enjoys psychedelics and then has a conversation about all kinds of topics. If Joe Rogan represents a danger to your worldview, then you are a gigantic pu$$y and the world deserves to laugh, and laugh very hard, at your fragility.
Just shut up already.
Censorship is censorship. It is wrong. And dangerous.
It’s acceptable as long as you belong to the collectivist community of free-thinkers.
Fast,
I hope some lefty media station starts pedaling outrageous takes so you can cry about how ignorant the left is. Then I hope that your lefty buds send you every podcast that proves their position was correct.
Now you know how moderates feel about the right wing propaganda machine. It’s out of control.
You guys are here crying about censorship which is laughable. Look at the dumb sh!t the right wing propaganda machines gets away with saying. You had Trump crying that the election was rigged for god sake, and he was the president of the United States. Of course, it was only rigged when he lost, not when he won.
You can’t shout fire in a crowded theater. As long as it doesn’t present “a clear and present danger”, the rest is fair game. It is up to each individual to decide what they choose to listen to.
Media matters? Lol. Really credible outfit. Where are you getting this stuff? NJEA newsletters?
Rogan and Stern? They are one in the same..
I remember when Stern was moving off terrestrial radio back in 2004 and extracted a huge deal from Sirius XM worth about $500 million. He still gets $120 million a year from Sirius with summers off and is only on the air three days a week for thee hours. The guy is a radio shock jock Billionaire by now earning about $1 million per three hour episode he does out of his basement in the Hamptons. Nice retirement he has gotten himself.
Rogan is laughing all the way to the bank right now in five short years he grew his free youtube channel into a massive following and was able to extract $100 million from Spotify by licensing his talk show into a Spotify exclusive a little more than a year ago. He retains full creative control so they cannot sensor him and obviously don’t want to because he is bringing in loads and loads of new subscribers to what was not the best streaming service to begin with… If they math holds up and he brogght over only 1/2 of his youtube followers he is worth like $500 a million a year to Spotify. Supposedly his Spotify channel is a big hit internationally too.
Spotify just gave the Princess and the frog Harry and Megan $24 million for their soon to be streaming show and they are trying to ink a deal with the Obamas too.
Again when it’s pay per month they will sell you anything you want uncensored and un-distilled as long as you keep paying the $10 a month to listen.
Old realtor,
That’s the problem today, opinion is presented as fact. So much misinformation out there since political heads from both sides learned how to use social media to influence how people think. We can thank trump for highlighting the power of social media for political purposes.
Source—-https://www.theverge.com/2021/12/7/22821823/joe-rogan-media-matters-hot-pod-spotify-moderation
BidenIsTheGOAT says:
January 27, 2022 at 9:21 am
Media matters? Lol. Really credible outfit. Where are you getting this stuff? NJEA newsletters?
Starts?
They started at least 40 years ago. People who disagreed complained and argued, but they didn’t try to silence them, instead they argued back. Some in the lefty media even get taxpayer money to fund their outrageous takes. Ever observe NPR or PBS news shows featuring professors spewing CRT derivatives?
Carrying those NPR tote bags you get with a $100 donation is the 60-year-old Princeton woman’s equivalent of driving a truck decorated with trailer-hitch nuts.
“I hope some lefty media station starts pedaling outrageous takes so you can cry about how ignorant the left is.”
NJ.com actually puts up some interesting journalism . . .
Nursing home operator faces federal criminal charges and multitude of civil actions relating to every kind of white collar crime and medical negligence under the sun. I do not understand how government agencies don’t catch on to this kind of thing quickly. Like, in particular, I am surprised that an irate family didn’t report to state agencies when a loved one died, triggering quality inspection leading to fines. Then, the quality inspector informs some other state offical, leading to more investigation and then BOOM, the whole thing unravels from there.
Or, an unpaid vendor starts the above sequence. Or, a single employee or two has a medical procedure and finds out that his medical insurance docs are literally forgeries and that starts the sequence.
https://www.nj.com/news/2022/01/a-failure-of-care.html
Pumps – You have your point, you stand on it and back it up with some research like Media Matters who has some wonk tracking Rogan’s every fart. Look the reality is nobody really cares. Why? Because it’s entertainment, when you watch and listen these talk show you are doing it for enjoyment.
The only way to be popular in a sea of online performers is to be controversial, and do it regularly. It is the reality we live in. There are dozen of podcasts from real live scientists, and experts explaining how the vaccine works and review the efficacy of the trials and where we stand today with variants and treatments. None of those podcasts will feature drinking whiskey and smoking weed though, and won’t have celerity guest to go along with the occasional celebrity Doctor or disgruntled scientist.
I hope Rogan makes his billion and gets to retire on it. People will continue to pay and Spotify will he happy to take your $10 a month and Rogan will be happy to sell you a nice cloth mask with his logo on it.
So true. Thanks for pointing it out. Hard for me to let go as an educator, but let them remain ignorant. Ignorance is bliss.
Juice Box says:
January 27, 2022 at 9:39 am
Pumps – You have your point, you stand on it and back it up with some research like Media Matters who has some wonk tracking Rogan’s every fart. Look the reality is nobody really cares. Why? Because it’s entertainment, when you watch and listen these talk show you are doing it for enjoyment.
You guys want to cry about vaccines and root for disgruntled scientists in the name of censorship, be my guess. I should not have said anything. It’s your choice. Juice is right.
I admit I am a moron but this article and accompanying video doesn’t seem like it’s in the best interests of voters. Anyone care to walk me thru this? I’m sure it’s another Q-conspiracy theory but like I said, I’m just a dumb clown.
https://nypost.com/2022/01/26/leaked-video-reveals-joe-bidens-hush-hush-migrant-invasion/
CW,
It’s almost time to till the fields, plant the seeds, and get the garden growing.
You don’t think Americans are going to do that for 6.50/hr with no lunch break, no health insurance, and a milk jug of water do you?
What’s the answer though? How do you stop it?
They find a way around the wall. They come by boat. They dig tunnels.
At the same time, we need new immigrant blood in this country to sustain our population and to have a source of workers that will do the jobs no American will do.
So I don’t know what the answer is, but I do agree with you that there is a problem. I just don’t know how we solve it.
Clown World says:
January 27, 2022 at 10:04 am
I admit I am a moron but this article and accompanying video doesn’t seem like it’s in the best interests of voters. Anyone care to walk me thru this? I’m sure it’s another Q-conspiracy theory but like I said, I’m just a dumb clown.
https://nypost.com/2022/01/26/leaked-video-reveals-joe-bidens-hush-hush-migrant-invasion/
Clown – voters? Lol….you don’t get a vote on immigration policy. What to know is we are a nation of immigrants and always will be.
Right now there are 11,000 Afghans at Joint Base McGuire-Dix-Lakehurst Air Base in Pemberton.
Here is a nice Fox news report from last month, on the process, they are teaching them English and resettling them all over the USA.
3 minute watch.
https://www.youtube.com/watch?v=cec5v7utjDs
“You can’t shout fire in a crowded theater. As long as it doesn’t present “a clear and present danger”, the rest is fair game. It is up to each individual to decide what they choose to listen to.”
Thank you.
“So I don’t know what the answer is, but I do agree with you that there is a problem. I just don’t know how we solve it.”
Get our teachers to pick vegetables on the 3 months they are off all summer. They should be ripe by then.
And since you are out in the open fields, we won’t expect you to wear a mask. We know how much of a hardship it is for a teacher to have to wear a mask all day, you can’t breathe, you get claustrophobic, and it affects you so much mentally that you need to go on permanent disability due to recurring nightmares of suffocation.
I’ll take 12 ears of corn please.
Interesting convo this morning.
I actually like was Stern has become. I was never terribly entertained by the Snapple girl on a trampoline, endless stripper and go go girl antics. As Stern has aged, he is much less angry and has morphed more into a Gandhi type of persona. Honestly, he is the best interviewer anywhere today. He is so well researched and has an incredible ability to get people to open up and answer honestly. As to party affiliation. He is a lot like me. A registered Republican completely up in arms with his own party. Socially, he aligns Democrat, but he is pro gun, pro (legal) immigration, pro fiscal conservatism and has endorsed more Republicans than Dems at a ration of probably 3:1. But like me, he sees the populism movement as extremely dangerous to the country. And trust me, he has issues with the modern left as well.
Where he turned off a lot of his listeners was in his jump to Satellite from TR. What everyone enjoyed for free for the last 30 years was all of a sudden $30/month. Most estimates of his net worth are approaching a billion dollars. Not bad for a guy who works 9 hours a week. For me, I’ll gladly pay that $10 a month (what it costs most know) to not have to listen to commercials. I also like the Spectrum a lot, which is the only time I have ever found a source of music that is truly a mix of everything, which I prefer. I HATE hearing the same song twice in one month. Most stations play the same songs twice ever two hours. And you can turn off the DJs, which is great.
Getting back to Stern. He was never really political outside of allowing candidates to make their spiel on his show. He tended to be fiercely independent like myself. Anyone who claims otherwise is a Republican wonk.
For those who haven’t heard him in ten years, it’s a completely different show. Though he’s on the air for 9 hours a week. The quality of the show reveals he is probably still working as hard as ever on his craft. There is currently a rotating cast of celebrity impersonators who make SNL look like Sesame Street. From Greta Thunberg to Mitch McConnel. It’s actually really well done and incredibly creative. And of course, there are the surviving members of his Wack pack who are always entertaining. I actually think of BOBO (not to be confused with Bebo) every time I read a Pumps post.
I’ll give Rogaine a listen. But I doubt I’ll like it based on what I’ve read of him. But who knows. I’m all caught up on Stern and a lot of the new music is annoying me. Like Adelle.
Left,
Were you a fan of HZO? It’s one of my long-term undervalued holds. Their earnings beat by 47% this morning! It’s one of the few individual stocks I am still holding. Glad I am too.
Not feeling the face-ripper btw.
Here is one for you Lib, all of my young co-workers love this one. It actually sounds straight out of the seventies. You gotta look at the lyric’s however, so I posted this version with them.
https://youtu.be/Ab6E2BsuLJ0?t=9
Pumps – I am not right…I am just stating what should be obvious.
As far as climate change we may find out sooner than later if it’s real or not. How does a nice 2- 10 ft sea level rise in the next 5 to 10 years sound to you? Sure you want to buy Beachfront or Bayfront house near the ocean?
Don’t think it’s possible? Check out the Thwaites Glacier, it may collapse very soon. It’s the size of Florida, it’s losing it’s grip on the bottom of the ocean called the seamount and make break free soon.
How do we know this? Well the scientist mapped it with radar and found much of it floating and then drilled a hole in it and put a small submersible under and mapped it from below in the water with sensors like temperature and salinity etc, and they have video of the underside melting and it is cracking and fracturing with increasing speed. They have concluded it is going to collapse into the oceans and will cause a significant sea level rise. There is no stopping it, so there is no point even arguing what caused it to happen whether mankind influenced it or not anyway, scientists studying it say it just a matter of time now.
Here is a boring Youtube press conference about it from last month. It’s an hour long, but more informative about climate change consequences than anything you will find on a talk show between a comedian and a psychiatrist on Spotify. BTW this youtube video has only 28,000 views and no comments. There are a few news stories in the MSM the “Doomsday Glacier” aka Thwaites Glacier.
https://www.youtube.com/watch?v=uBbgWsR4-aw
Don’t know Rogaine or what he preaches. Stern was okay when he was free, not paying for that or Joe.
For the 11 or so I pay for You Tube music, can’t see any reason to pay for Spotify unless you want particular things on there.
YouTube without commercials is awesome. Need to fix a TV, faucet, or tile your tub? Or listen to commercial free music as well. It does both. Spotify is just music, for me that’s just the drive back and forth to work pretty much.
Juice,
Just face it, boomers don’t care about anyone younger than them, not even their own children.
It’s why they are called the locust generation. No desire to give back, all about them, what they can get for themselves.
Of course, it’s generalization, but as a whole a very gluttonous cohort. Gen Z and later are going to take the brunt of it, however.
Stern at his best.
W NNNNNNNNNN B C
W NNNNNNNNNN B C
W NNNNNNNNNN B C
There is no censorship in this Rogan, Young, Spotify discussion. The power of censorship belongs to the government. Neil Young tried to swing his d#ck and it didn’t work. Not the first or last person to attempt to use power and influence to get what they want.
100% American. One of the reasons the F-150 is America’s best selling vehicle.
You ain’t fittin’ into a Corolla while eating these things.
Well, maybe, if you coat the outside of your body in Mobil 1.
Order yours today!
“Finally, the The Land, Air & Sea features a McChicken sandwich, a Big Mac, and a Filet-o-Fish, all stacked on top of one another with three of the bun halves removed.
With three sandwiches combined, it carries a whopping 1,330 calories and 69 grams of total fat (when all pieces of the bun are included).”
No censorship.
Had a priest try to censor me. Had to remind him about what his cohorts were censoring.
Clean up your own act, Father, before lecturing me. You aren’t my boss.
What I find funny about this censorship talk is how the people crying about it on here are the same people trying to censor CRT narratives.
Old
Young didn’t have the leverage he thought he had.
And, like a magic, the word “leverage” is the topic in focus. Who has it, who doesn’t, and what happens when you push it too far.
It’s a good day so far, WW3 hasn’t started yet. Plenty of posturing, however.
Thanks for the share. Pretty scary stuff.
“Here is a boring Youtube press conference about it from last month. It’s an hour long, but more informative about climate change consequences than anything you will find on a talk show between a comedian and a psychiatrist on Spotify. BTW this youtube video has only 28,000 views and no comments. There are a few news stories in the MSM the “Doomsday Glacier” aka Thwaites Glacier.”
https://www.youtube.com/watch?v=uBbgWsR4-aw
I actually like Doja Cat and Halsey and Sia. Want to hear an interesting sound. Check out Lord Huron.
https://www.youtube.com/watch?v=yOz3VJD4L0o
Lib, welcome. That one was me, to you.
Doing a lot of work now on a shopping list, next couple months or so will be fun.
Still ‘long’ by way of my put writes at various strikes and expiries across a number of stocks, mostly at prices 10-20% down from spot…been in and out of ALLY this month, long and short, should have floated that one to you it came to me from someone who is very good. Did close my longs there from Monday yesterday. May still be worth a look though.
Otherwise as I mentioned I am short an absolute fuckton of vol, did a quick swing trade around the main position yesterday that netted me 1% on my total portfolio…the core position is approaching 10% of my holdings (I know…but exposure is significantly less) and I’m looking for at least a double on it.
If you want to dip your toe in options now is the opportunity, prices are elevated so good time to sell. Throw me a couple of stocks you may have your eye on, I’ll give a couple examples of how you can juice return on stagnant money with defined risk.
Like was said above, Spotify is into Joe for a hundred million.
How much money is Young worth to Spotify?
“Neil Young tried to swing his d#ck and it didn’t work.”…..True
“There is no censorship in this Rogan, Young, Spotify discussion. The power of censorship belongs to the government.”……Not true.
Regarding ‘First Amendment’ rights of course I agree, no one has 1A rights with respect to a private entity….but censorship itself? It’s definitional….censorship is suppression of another’s thought.
Young didn’t like the view of another, and tried to use his influence to silence that person. Reprehensible.
If your thoughts have merit, and others’ do not, debate the merits of each.
The easiest tell that someone’s view has little merit is when they try to shout or shut you down rather than prove you wrong.
Censorship in it of itself is reprehensible. But monopolistic collusion between the major tech companies to accomplish it in concert with governments is downright dangerous.
“Ain’t singin’ for Pepsi, ain’t singin’ for Coke. I don’t sing for nobody. Makes me look like a joke.”
You can bet the Investment Fund Hipgnosis which Young recently sold the copyright security of his catalog for $$$$, that they will be happy to license any one of his songs to Pepsi, Coke, McDonalds etc…..or ANY CHANNEL
https://www.hipgnosissongs.com//wp-content/uploads/2021/08/The-Income-Stream-for-Copyright-Owners.pdf
By the way, from now on, I am identifying as a black woman. Going forward, all applications that ask for gender and race will now reflect my new identity. I want to enjoy the privilege that only modern democracy can provide. Modern democracy is the new term that has replaced the classic American value process. Righteous symbolism is far more important than natural progression.
Since the O’Biden regime has claimed that a black woman must be appointed to the Supreme Court regardless of qualification, I want a piece of the new modern democracy. To all you Asian, Latina and White women and men, f.uck off. Your qualifications have no bearing when it comes to meeting quotas and fulfilling woke necessities.
Curious, isn’t it? I would almost swear that if Conservatives tried to fill a seat based on gender and race, walls would crumble from the thunderous objections. Here’s hoping that the candidate is vetted in the same evil and vile manner that Kavanaugh had to endure. And if not, let all the Asian, Latina and White women and men remember that only 6% of the population was considered in the appointment process come November 8th.
Just remember the subscription monetization game is on for all artists. The same monthly model that worked for Gyms is now paying off everywhere, people are paying for a service whether they use it or not.
Youtube made $19.7 billion last year alone on about 2.3 billion people who access their service and they do not pay musicians very much for their music. Only the 30 million paid Youtube subscribers pay a royalty for streaming music. The vast majority of content is supported by ads and if nobody watches the ad then the music is basically free.
https://www.businessofapps.com/data/youtube-statistics/
“Young didn’t like the view of another, and tried to use his influence to silence that person. Reprehensible.”
Disagree. He knew exactly what he was doing and chose to not be played on the same streaming service as one who played programs he disagreed with. He has the right to do that. He is principled. It’s the same argument you made for the insurrectionists on January 6th. They too are paying the price for their principles. Young is no dummy. He knew what was at risk. Can’t say the same for many of those insurrectionists though. Who when interviewed sounded like a bunch of babies.
Eddie,
Ever heard of Ronald Reagan? He promised to appoint a woman to the bench at the Republican convention the year he beat Carter. What say you about that?
Eddie,
One could argue that Kavanaugh represented the most common Republican voter. Middle aged, white and male. See how easy that works? Besides Barret, the list of middle aged white males conservatives placed is quite a streak. You would think there was no one else living in the country. For a party that supposedly embraces Latinos and Blacks, you hardly see them until election day.
https://twitter.com/ryanjreilly/status/1465858271668019203?s=20&t=co8axI6bGg_sj5H-OSUAJQ
This is no Neil Young
Ever heard of Ronald Reagan? He promised to appoint a woman to the bench at the Republican convention the year he beat Carter. What say you about that?
O’Connor was appointed as a centrist/moderate, based on qualifications and because Reagan didn’t want to deal with a constant tug of war. She wasn’t selected to fill quotas. Conservatives hated the appointment because they didn’t feel she would side with their views nearly enough. O’Biden’s appointment is nothing more than a symbolic genuflection with the strings being pulled by his handlers.
Announcing that you are only considering one race and one gender for an nomination like SCOTUS is really disheartening to the eventual nominee.
No doubt, whoever Biden nominates will be highly skilled and well respected. But in the back of everyone’s mind, forever, there will be a lingering thought of – My skin tone and genitalia got me this job.
It robs the nominee of a serious sense of accomplishment. I find that pretty sad.
Justice Harris?
Affirmative action folks in government, nothing new about it. George H.W. Bush picked Clarence Thomas because he was black and supported him through the nasty hearings presided over by our current Potus Joe Biden, those hearings became to be known as the “high tech lynching”.
You will get your bread and circuses with the Judiciary hearings, you can thank Joe Biden for that one, they have been mostly utter crap for decades.
They are going to pick someone who will defend abortion, it’s the only thing they care about. They cannot get a law passed making it legal so they are going to protect it in the courts anyway they can.
50 – 70 mph wind gusts coming along the shore. That is going to take down allot of frozen branches. I am going to head out and refill my gas cans and check the generator just incase.
Tesla is at 855? Wha happened?
Musk started selling.
Tells you how dark this market is right now. They had blowout earnings. LOL
Libturd says:
January 27, 2022 at 2:20 pm
Tesla is at 855? Wha happened?
Eddie,
BS response about Reagan. O’Connor was appointed because she was a woman. It was politically expedient. All those of you with your ridiculous arguments about the horror of restricting the choice based on a profile, talk to Reagan.
https://www.washingtonpost.com/archive/politics/1980/10/15/reagan-pledges-he-would-name-a-woman-to-the-supreme-court/844817dc-27aa-4f5d-8e4f-0ab3a5e76865/
To Elon the Tesla dancing Android “Optimus” is more important than a $25,000 car that can compete with other cheap electric cars coming from the big automakers.
He can send the Android to Mars after all, as there is no air humans can breath on Mars so just send the Android instead.
https://www.youtube.com/watch?v=TsNc4nEX3c4
Jenn Psaki just said that monoclonal antibodies have harmful side effects. She’s spreading misinformation…like actually.
Just typical wonky politics.
Sounds like the Supreme Court will have a higher % of black people than the US population soon. Except as Biden said, if you don’t vote for him, “you ain’t black” and I’m pretty sure Clarence Thomas didn’t vote for Biden. On the other hand, denying someone’s chosen identity is a hate crime by the Democratic party standards.
The Clarence Thomas hearings were going on in my senior year of college, late 1991. Ruined a great joke and/or pickup line, asking girls which one of them put a pubic hair on my soda. They love that question, maybe it works again now? Pumpkin maybe you should try it with those girls you teach from the tough neighborhoods.
Old realtor,
BS response about Reagan.
yes
O’Connor was appointed because she was a woman. It was politically expedient.
yes
All those of you with your ridiculous arguments about the horror of restricting the choice based on a profile, talk to Reagan.
I won’t speak for the ignorant hypocrites… but the argument against restricting choice based on sex/race is sound. It stinks when someone who really doesn’t believe in the merits of the argument happens to be correct, but it doesn’t change the facts. Don’t worry, they will say something stupid again very shortly.
Libturd and Phoenix
You should try listening to Rina Sawayama. She has a great voice. Elton John called her and asked to turn one of her songs into a duet with him. She sounds like lady Gaga without all the electric beats. She also recently did a cover of Metallica’s enter the sandman and she is a feature on Charli XCX newest single.
Here she is live on NPR’s tiny desk
https://www.youtube.com/watch?v=85_uFm1R5TA
No One.. I remember those hearings …Here is ole Sleepy Joe at his finest…trying to keep a black man from the Supreme Court.
https://www.c-span.org/video/?c4747852/user-clip-biden-long-dong-silver
Reagan appointed the first woman to the Court, Bush Senior the first black. Probably because Dems were always complaining about that stuff but never did anything about it. Biden needs a bigger first, needs to get more intersectionality than anyone ever before, even more than Sotomayor, so I’m thinking Black Woman declared Lesbian/bi, or trans. Maybe DiBlasio’s wife would get the hat trick? She used to be a lesbian so I guess now she’s bi. Or maybe RuPaul, does he/she count as a woman?
HMB,
Wanna here a future top ten hit? Knew I recognized Rina’s name.
https://www.youtube.com/watch?v=7OhqYJyZcvM
RuPaul on the Supreme Court would be great. I was thinking Leslie Jones. That would be a riot.
No One,
Ever heard of Thurgood Marshall? Appointed by Lyndon Johnson. Don’t let facts get in the way of your argument.
Just remember history rhymes when it comes to the next round of Senate hearings and a vote on the next Supreme Court Judge.
Clarence Thomas was approved by a very narrow margin in 1991 of 52 YEAs to 48 NAYs.
Only two Republicans voted against his nomination. The other 46 NAYs were all Democrats including Joe Biden.
https://www.senate.gov/legislative/LIS/roll_call_votes/vote1021/vote_102_1_00220.htm#position
What if VP Kamala is nominated? Then there will be no tie breaking vote if it came down to it.
over/under on Robin Hood trading into the single digits post-ER tonight?
“Tesla is at 855? Wha happened?”
1. When you are priced on promises and don’t deliver….($25k car, truck)
2. When you start to have earnings you get valued on them, and not dreams
3. When (1) and (2) rear their ugly heads and you run to new promises….
Boom.
TSLA rolls and ARKK is drilling center Earth.
ARKK, what’s that?
Now we just wait for the coming bitcoin collapse.
Hey Left. Did you mention HZO to me?
Lefty is going to miss out on so much money due to hate.
“It was the company’s second year finishing in the black, but significantly improved over last year’s fourth-quarter profit of just $270 million. The company ended this year with $5.5 billion in net income, compared to $721 million in 2020. Tesla turned that profit on just over $17.7 billion in revenue and did it while its average sales price continued to drop due to the increasing popularity of the more affordable Model 3 sedan and Model Y SUV.”
Tesla is here to stay.
“Elon Musk says it’s more important for Tesla to make a robot than new car models this year”
https://www.cnbc.com/2022/01/27/musk-tesla-robot-top-priority-for-new-product-development-this-year.html
That’s an interesting scenario. I’m wondering why wouldn’t the sitting VP be able to cast the tie breaking vote. Breyer hasn’t resigned yet, and the hearings and voting will be done so that whomever the candidate is will be appointed in the near future, not immediately. So the prohibition of working for multiple branches of the government wouldn’t come into play. That said, it doesn’t look good. It would be like a sitting Governor appointing themselves to an open Senate seat. They’d have to resign first but nothing stopping them from doing it.
Juice Box says:
January 27, 2022 at 3:03 pm
What if VP Kamala is nominated? Then there will be no tie breaking vote if it came down to it.
Something that is going to make me a lot of money by time you are in Costa Rica.
Libturd says:
January 27, 2022 at 3:11 pm
ARKK, what’s that?
Libturd
That’s the song I was mentioning. Couldn’t think of it’s name.
Joyce – Normally Senators do not vote for themselves in confirmation hearings. OK legally yes it’s possible, however it would come up in the questioning and would be construed badly by many if she said she would not tie break her own nomination to the Supreme Court, and then did it anyway.
Wary that the offer was a hoax, Mr. Serhant asked for proof of funds and was stunned by what he received: a statement of the buyer’s cryptocurrency holdings, worth around $600 million. “It was crazy,” he said.
It is a scenario playing out across the real-estate world, as newly minted crypto-millionaires and crypto-billionaires, who have either invested in or have helped build the infrastructure that enables digital currency, have flooded the luxury market. That has led to a string of pricey deals over the past year. They include the $133 million purchase of a Bel-Air estate by Brian Armstrong, CEO of the largest U.S.-based crypto exchange, Coinbase. Other major deals include a waterfront Miami estate formerly owned by retired Miami Heat player Chris Bosh being sold for roughly $38 million to Ivan Soto-Wright, co-founder and CEO of crypto-payments infrastructure provider MoonPay. Another was the $28.5 million deal for a mansion in the Hollywood Hills, purchased by Olaf Carlson-Wee, CEO of crypto-focused investment fund Polychain Capital and Coinbase’s first employee, according to people familiar with those transactions.
https://www.wsj.com/articles/crypto-kings-are-the-real-estate-industrys-newest-whales-11643298936?mod=lead_feature_below_a_pos1
RobinHood miss? It’s already priced in? It is way way way down already so it’s no longer valued as a tech stock it’s a financial stock now.
BRT – Kid’s Pfizer booster update 24 hours later. My youngest who got the 10 milligram shot no side effects 100% normal and was in school all day. My eldest got the 30 milligram shot. He went to school this morning but developed headaches and a low grade 100.1 fever in school. I had to go pick him up at noon when the nurse called, and he is resting after taking a Tylenol.
They both weigh the same. I did discuss the dosage with the nurse yesterday, and hinted she could lower his dosage to 10 mg since they were both the same weight etc. She said age was the only factor. I perhaps could have lied and said he was only 11 but did not.
There is some new data out of Israel that now says Myocarditis 8.09 per 100,000 incident rate of after a second dose, mostly mild for the 12 – 16 year old group of boys in the study.
https://www.nejm.org/doi/full/10.1056/NEJMc2116999
“We can’t risk losing yet another seat on the high court to the radical, anti-democracy right,” Democratic Representative Mondaire Jones, a New York progressive, said in a statement.
Biden should nominate “someone who is not hostile to the fundamental right to vote, who respects precedents like Roe v. Wade, who believes in the science of vaccines, and who respects the constitutional prerogatives of Congress.”
In other words, we’re going to nominate someone who will push through progressive agendas and legislate from the bench at all costs because… it’s how we left1sts roll!
You guys should start calling it ARGGGG
Yup, HZO was me. Got my sister in it too.
HOOD 10.24 low aftermarket.
Down 88% from high in August after going public in July.
Still time to break a 9-handle….
They may rally though, i hear they are going into genomics.
“RobinHood miss?…it’s a financial stock now.”
$64 revenue per user in 3Q…..it’s not even a pop-up coffee stand. Or falafel cart.
At 71 cents per day per customer, I don’t know what it is….LOL
And there she blows….HOOD prints at $9.86, down 15% from today’s close twenty minutes ago…
Not that is truly revolutionary and disruptive, for shareholders portfolios at least…
Don’t invest in high growth if you don’t have the stomach for it.
Just call me smiles. Have the time and money to buy in when it’s stupid cheap. I don’t care if it takes 10 years till the next blowoff in high growth, but I will be patiently waiting and building the position.
Despite a mountain of evidence showing the 2020 presidential contest wasn’t rigged against Donald Trump, nearly 6 in 10 Republicans and Republican-leaning independents (57 percent) now say they will not vote in upcoming elections for any candidate who admits that Joe Biden won the presidency “fair and square.”
Only 17 percent say they would consider voting for a candidate who accurately characterizes Biden’s victory as legitimate.
Of course presidents are going to nominate justices that reflect their party’s political philosophy as it applies to the law. That’s another topic that sways presidential votes.
On the other hand their parties know that if they nominate someone that upsets voters, they will pay the price. The politicization of these confirmation hearings really took off with Bork in 1987. After that, potential justices would try to hide their views a lot more, making it more of an insider game.
Bush Sr. made a big mistake with Souter, thinking he was nominating a conservative and eventually got a liberal, and it happened partly due to trying to avoid a rerun of Bork.
Who knows, in 10 years John Roberts might be widely seen as a liberal on the court. Some already think he is.
I cannot think of any Democratic-nominated justice who moved to the center or right.
Juice, any time someone mentions robots and dancing all I can think of is this…
https://www.youtube.com/watch?v=fn3KWM1kuAw&ab_channel=BostonDynamics
No One, how long you been married? There hasn’t been hair down there in decades…..
These bull traps are catching and killing a lot of bulls.
“Generation Z doesn’t know a world without mobile banking. And that presents opportunities—and challenges—for financial-technology companies.
This generation grew up immersed in technology including payment apps and investing platforms—and they won’t be attracted by ease and novelty the way earlier generations were. They don’t want products that are designed for masses of users. Instead, they are looking for highly personalized experiences.
And fintech companies are rushing in to fill those needs with curated and individualized products—and marketing themselves creatively, zeroing in on Gen Z’s concerns such as the climate and social consciousness.”-WSJ
“Nowadays, if you’re a fintech company, you’re asking, ‘How do you build interesting communities and get people to engage and to respond and interact with each other?’ ”
— Charley Ma, general manager of fintech at Alloy
“Only 17 percent say they would consider voting for a candidate who…characterizes Biden’s victory as legitimate.”
Excellent!
Ed,
Such a BS post. You can’t even argue what Orange clown did with appointing anti-abortion Catholics. It was to placate religious base with most conservative religious nuts . Settled my a$$.
Following the retirement of Justice Kennedy, the Catholic majority on the Court was extended by the appointment of Brett Kavanaugh,[103]; the appointment of Amy Coney Barrett increased this majority to six Catholic members of the Court, or seven if Gorsuch is classified as a “Catholic.”[80]
Musk sure is one cheapo for being the richest guy around. Elon offered a teen $5K to shut down Twitter account with a bot the kid wrote tracking his private flights….Then did not answer when the kid countered with $50k or later an internship instead. He went and tried to get the flight info blocked instead, via a temporary ICAO aircraft address, which will not be assigned to the owner in the Civil Aviation Registry (CAR).
N628TS tail number, kid is smart and found the aircraft anyway and is still tracking it.
https://thehill.com/policy/technology/591708-elon-musk-offered-teen-5k-to-shut-down-twitter-account-tracking-his-private
Here is the twitter feed.
https://twitter.com/ElonJet
Hey $ARKK bears, Cramer just joined your team. My condolences.
https://twitter.com/ericbalchunas/status/1486853720931508225?s=21
Juice @7:19 I don’t think he’s cheap, just smart. The second he pays more, there will be 10 other kids/people trying to do the same thing and he’ll be paying all the time.
6:42 yeah, the GOP really sucks. Slimey Assh*les.
Juice, hope he feels better. As far as myocarditis goes, I’m still waiting for J&J for my kids. My father’s practice is 300+ kids and he’s seen two kids with myocarditis since they became eligible in the winter. I’d like more data collection on the issue.
left, I think I read 25% of Robin Hood’s revenue was coming from Doge at one point. They ain’t even going to have 71 cents after each of their customers accounts blow up.
BRT there is literally zero reason to vaccinate your kids at this point. The vax is almost entirely ineffective against omicron. Even boosters are pointless based on what we are seeing. If you haven’t been infected or had a vaccine in the past go get one it will reduce your chances of ending up in the hospital but otherwise there is no compelling reason to get one.
Jcer, I don’t need to. My kids both recovered from covid. My son in 1 day and my daughter never had symptoms. I’m just speaking from a school perspective. The nonsensical policies and refusal to acknowledge a previous infection as the equivalent of vaccination puts us in a bind. Right now, your kids are forced to quarantine for exposure if they are unvaxxed. I can see Murphy pull some nonsense like only kids who’ve been jabbed can remove their masks. But given their previous infection, I cannot in good conscience give them an mRNA vax knowing the stats get are worse for that cohort. I know the risk is small but the reality is, most people like to reference general stats without acknowledging, the outcome.
I taught quantum mechanics at Rutgers. We know how to calculate the probability density of the entire electron in the hydrogen atom. But once a measurement has been made, we know exactly what the outcome is. People never realize, ok, random stats lets say your chance in your age group is 1 in 100,000 to die from covid. Once you’ve recovered, that stat no longer applies to you, as you are now in a different cohort. The chance of my kids even getting any complication from covid is zero given their experience. And they’ve already been exposed to Omicron multiple times and nothing…
Ok, can I have Joe submit Anita Hill for Sh1ts and G1ggles!. Harris won’t go, neither will either Obama.
OConnor was a gimme to Goldwater that also gave Saint Ronnie some middle ground. Funny thing is that when these die hard conservatives get on the court, some end up in the middle or left. That happened with OConnor, Roberts?(is that more to protect his Roberts Court legacy and lets see where ACB lands.
Overall Rs are Clutching Pearls on this one.
This is worth a listen.
The “white discomfort Snowflake” bill passed another Florida GOP controlled committee yesterday, but not without this powerful testimony from Rep.
@RamonAlexander
Putting the full thing here so future generations, if allowed, can see who fought against whitewashing history.
https://twitter.com/KevinCate/status/1486757371661762562
This is worth a listen.
The “white discomfort Snowflake” bill passed another Florida GOP controlled committee yesterday, but not without this powerful testimony from Rep.
@RamonAlexander
Putting the full thing here so future generations, if allowed, can see who fought against whitewashing history.
https://twitter.com/KevinCate/status/1486757371661762562
Spotify is going through some things.
“BREAKING – Spotify is no longer letting people cancel subscriptions.”
https://twitter.com/TristanSnell/status/1486887858304688128
Young made a stand that stands with his principles. I am very sure that the Hedge fund that bought half the rights are held to a clause that says he can control where and when, so they cant sell to Coke or Pepsi.
Overall they invested $100Mil, and need a huge PR game to try and preserve the value of that investment.
Daily Show nails Rogan.
https://twitter.com/TheDailyShow/status/1486791448330702850
Here I have to go with It’s just ratings? When Billo got ejected from Fox for being too handsy, Tucker stepped up to fill the void. He just followed the crowd right.
Although I suspect he is still smarting from Jon Stewart getting him canceled from Crossfire.
https://www.businessinsider.com/tucker-carlson-denies-being-russian-agent-after-taking-kremlins-side-2022-1
PSA of the day.
HOW TO TELL IF YOU’RE ON THE CORRECT SIDE OF ANY ISSUE
https://twitter.com/brittlestar/status/1486147488914542596
The new generation of musicians coming up is stunning. My favorite at the moment is Dua Lipa remixing Elton John. The first time I heard this I was like WOW!
https://www.youtube.com/watch?v=qod03PVTLqk
Allows me to connect with my kid. She came into my office to raid my Vinyl collection to show her friends on Facetime what she had found in the 2nd hand record store.
Interesting mix Fabs….I have a Spotify playlist of nothing but covers, Elton has a few in there from the two albums of his songs by various artists.
Also always nice when you can connect with your kids over music…hit Dead & Co and Billy Strings concerts this past year with one boy; Bela Fleck at Carnegie Hall with another over break. That was special.
I think of you as a harder core music guy here (compliment), even if it is not your style of music see if you can find the Ryman performance by Fleck and crew from earlier this month. They went on for three hours, all instruments except the encore. Crazy performance.
Lib, I’ll dial my criticism of Neil Young back. Caught up on it last night. He’s leaving some serious cash on the table.
As usual, MSM staked its leftist territory while outlets on the other side pumped their position. Not surprisingly, reality is elsewhere.
Some may want to argue economic incentives but it’s a red herring…economics are a valid input to any personal decision. You’re negligent if they are not. And economics cut both ways here. The financial impact of Young’s decision to leave was muted in that he took $150m for partial ownership of his catalogue recently; Spotify’s decision may have been shaded in that they wrote the $100m check to Rogan.
In my mind, this played out exactly as it should…
Three independent parties interacting with one another to arrive at collective and individually acceptable outcomes by pursuing their own preferences and interests free and unfettered.
There are no villains (or heroes) here. Stuff just…worked. In the manner it should.
Dropping an ultimatum can generate tons of free publicity for an artist. Artists make hardly anything on Spotify. Maybe the other streaming services pay more? Or leaving Spotify could boost album sales.
https://www.knowyourmobile.com/news/how-do-artists-make-money-from-spotify-spoiler-with-great-difficulty/
What the hell happened to Jordan Peterson.
Guy is clearly hoping to become a celebrity after quitting his professorship.
He was always provocative, and well reasoned, but he’s just off the deep end with that climate nonsense.
Personally Neil is a prick. Read up on him.
Ex, personalities aside, which really shouldn’t matter regarding the Spotify/Rogan discussion, I crossed a line I avoid by ascribing (bad) motivation to someone else without, in fact, having any idea of their motivations. Unnecessary and not productive.
HMB, as I was googling I saw the same $4 per 1000 stream stat. I suspect that on Spotify the vast majority of artists barely scratch a living while the top of the foodchain does well. No different than pre-digital IRL. So the comp range is likely wide around that $4 number…
For Young, using the $4 number…I’m not an avid fan (ie, no dedicated playlist) but he does appear across a number of my other playlists. I’m sure how much I listened is just a click away (Spotify makes readily available your personal listening metrics) but conservatively say I had 100 streams of his songs the last year.
That’s 0.40 from me.
How many of me are there among Spotify’s 400 million users? 20 million (5%)?
That’s $8m to Young.
Assuming he’s comped better than the average $4, say twice that, he nets $16m. Seems like a reasonable payday, no?
As an aside, that’s probably not too far off since he sold half his ownership for $150m ($300m total value). That is about a 5% cap rate…seems ballpark right.
I love Neil’s music. As I said earlier, saw him in concert along with Crosby, Stills and Nash. I’m the youngest of siblings so my oldest brother brought home every album from that era and G0d knows, I listened to every one of them when he was not in the house. In fact, we were upstate NY in Saugerties when the Woodstock concert was happening. I was young but remember staring at the TV and hearing highways were closed for miles and miles everywhere. In fact, my brother and cousin where on their way to Woodstock on day two or three when they learned of the hysteria and excitement but never even got close. My brother was 16 at the time. This is as much as I can recall.
I haven’t reviewed the details of what Peterson said in the interview, but his general premise, that long term climate forecasts are (and have been) prone to significant error, isn’t wrong. A chapter of Nate Silver’s book “The Signal and The Noise” ten years ago made the same basic point, but because Silver cared much more about non-cancellation by the elite, repented on his knees for writing that chapter.
What’s even worse, these days lots of government policy is based on economic forecasts and predictions of economic consequences stacked on top of climate forecasts, both going out decades. Almost everyone here who has been paying attention would laugh at the idea that long term economic forecasts layered on top of climate forecasts could be correct, given that economic forecasts are not only imprecise, they frequently are even wrong directionally. Though there are probably “economic experts” who could be quoted as being outraged at a claim that their long term forecasts aren’t reliable.
Left,
Looking at it now. You referring to 1/8/22? That is basically entire A list of bluegrass/newgrass musicians. Pretty cool. I am huge bluegrass fan. I love Flecktones, particularly Vic Wooten. To be honest, I think Strength in Numbers album is strongest by Bela. That is amazing collection of talent. I am friendly with pretty much only guy who runs real bluegrass shows in Hamden CT. My son (infant at time) has a picture with Ralph Stanley, prior to his death. Also saw Hot Rize reunion in 100 person church. This summer, we went to private house show (30 people) with Tony Trishka and Bruce Molsky. I ended talking with them for 3om. Really nice guys. Reality is that these guys are not rich at all and pandemic really hurt income. I see them as superstars yet only a small slice of population even knows that exist. Support your musicians. Billy String is to Capitol in March so can’t wait.
Bela Fleck, banjo
Tony Trischka, banjo
Justin Moses, dobro
Jerry Douglas, dobro
Bryan Sutton, acoustic guitar
Billy Strings, acoustic guitar
Molly Tuttle, acoustic guitar
Sam Bush, mandolin
Sierra Hull, mandolin
Edgar Meyer, upright bass
Mark Schatz, upright bass
Stuart Duncan, fiddle
Michael Cleveland, fiddle
Lib, any thoughts on SBUX?
At what price would your models start to blink?
Haven’t watched the clip yet on climate change but 99% of the “forecasts” and models are equally insane.
I still separate the music from the artist’s convoluted political views. Like I said before, I picked up and learned guitar from Tom Morello. But he’s so politically whacky and off the rails that I just shake my head.
Haven’t watched the clip yet on climate change but 99% of the “forecasts” and models are equally insane.
Basically that you can’t model anything because models by their very nature take a limited set of data points to make a prediction, and more than likely the selection of these data points was politically motivated. He disregards the most basic of mathematics regarding predictions, and reduces variable selection not to regressions and correlations, but to some kind of random selection with the innuendo that it’s basically just political manipulation.
By, yeah, that’s the show.
I knew some of the artists as I only really backed into the genre through jam bands via Strings recently (by way of one of my kids).
Sam Bush, who I never really knew before then, was amazing. The three guitars did a long ‘solo’ with Tuttle, BStrings, and Sutton that was pretty special.
Wasn’t sure what to expect for their NY show on 1/9 which is why I subscribed for a live feed for the Ryman show to be knowledgeable…it was crazy. Wild enough where I purchased Strings (affectionately BMFS, lol) tickets for the Ryman in May given the artist, venue history, and a sibling nearby. I’ll make the trip for two nights of shows.
Not a big GA fan – getting old – but I will be front row loge at the Cap next weekend for BMFS there. ‘Never miss a Sunday show’ lol. Probably seen him five times so far, he doesn’t disappoint. He’s getting hot, those Cap and Ryman tickets (four shows and three shows, respectively) sold out within an hour of going on sale. He may become a mainstream breakout (not that I necessarily want that, but good for him). If so, i hope it doesn’t change him.
Neat experiences you have. I am much more a small venue person than stadium shows….I saw a just average blues/swing band in an original little 1800s church on an ADK island by boat access only…had my boys there as well. Fantastic experience.
An 18 year old college bound honors student was shot to death in Paterson while unloading groceries for his grandmother by three gang bangers. Not a peep from any politicians and Biden says white supremacy is the biggest risk we face.
Woke is getting people killed every single day.
Ex,
Will admit Neil was a douchebag in the past, but he has earnestly tried to make amends with those he hurt. No one likes when great bands are broken up for an artist to go solo. Is that where your beef stems from?
Lefty,
“Stuff just…worked. In the manner it should.” Precisely. When Stern asked Neil why he sold his catalog. Neil gave a pretty good answer. He said the guy who purchased it was a long-time friend who promised Neil he would get to approve the usage. And he wanted the music to live on. Especially without his terrible vocals. It was a pretty reasonable answer for someone who does not sell out. Like I said, the interview completely changed my opinion of him. Same with Lady Gaga. She’s another real smart cookie who is super principled.
Will look into SBUX. Though, when do they reach full saturation? Also, you can get a coffee and whole lunch at a diner for what they charge for a small latte these days. At some point, their margin growth will get stunted.
Modeling climate will always be incredibly flawed due to the complexity of the system. I’ve done molecular modeling. You can take a box of 100 water molecules knowing all the laws of physics and simulate it and it still fails to produce accurate results. There is no exact solution to a 3 body problem because it’s actually mathematically impossible. We can simulate though.
Weather alone shows how inaccurate the forecasts can be. They lose accuracy as you move out in time. We are seeing that with this storm. Predictions keep shifting. The idea that you can even predict 10 years out is a joke. 100 years out or 500 years out….not possible.
Climatology is still in the stone age as far as the evolution of their science is concerned. Moreover, they have a serious group think and intellectual integrity issue that permeates their field. Although, what I’m seeing now is that same intellectual integrity exists in biology and medicine just as much. Physics is the only pure science because you are bound by your math.
Goat,
Biden didn’t kill that kid. Sh1tty gun laws did. It’s time to close down the gun show loopholes.
As usual you are not concerned about facts getting in the way of your narrative.
https://www.northjersey.com/story/news/paterson-press/2022/01/27/paterson-nj-robert-cuadra-shooting-phil-murphy-bill-pascrell/9229392002/
BidenIsTheGOAT says:
January 28, 2022 at 9:34 am
An 18 year old college bound honors student was shot to death in Paterson while unloading groceries for his grandmother by three gang bangers. Not a peep from any politicians and Biden says white supremacy is the biggest risk we face.
Woke is getting people killed every single day.
Weather alone shows how inaccurate the forecasts can be. They lose accuracy as you move out in time. We are seeing that with this storm. Predictions keep shifting. The idea that you can even predict 10 years out is a joke. 100 years out or 500 years out….not possible.
If that was his argument, he didn’t at all reason it as eloquently as you did those 3 sentences. Usually he’s fairly well reasoned, and has a history of punching hard with well thought out rebuttals. This seemed to be just riffing on something in real time.
That’s heinous beyond anything I’ve seen the police do to a strung out ex con. Until I see sh honest dialogue is hard for me to view any proposals as anything but another power grab.
Maybe Murphy should be forced to say the kids name a few times before he comes up with another law to empower criminals. The democrats have handed over our virtues to the lowest denominator.
I don’t need to run models to understand that NJ’s climate has significantly changed since I was young. Used to freeze my ass off in October during soccer season. Now we have warm weather every October. Even goes into early November.
We know the ocean is warming because the glaciers are rapidly declining.
You don’t need to be that intelligent to know that the planet is changing rapidly in front of our eyes.
BRT says:
January 28, 2022 at 9:37 am
Modeling climate will always be incredibly flawed due to the complexity of the system. I’ve done molecular modeling. You can take a box of 100 water molecules knowing all the laws of physics and simulate it and it still fails to produce accurate results. There is no exact solution to a 3 body problem because it’s actually mathematically impossible. We can simulate though.
Peterson’s anger does seem to spike when speaking about the extreme left, which i would say does inhibit his reason a bit.
I didn’t think he went off the deep end at all though. His “everything” idea wasn’t well explained, I’ll give you that.
He did offer a solution that said that the answer was to make poor people as rich as possible as quickly as possible? Debatable but not a crazy thought.
Young left his wife of decades alone to die of cancer in her final year.
He hooked up with Daryl Hannah who know us having his kid apparently.
Ignorant and opinionated is a bad combination.
BidenIsTheGOAT says:
January 28, 2022 at 9:48 am
That’s heinous beyond anything I’ve seen the police do to a strung out ex con. Until I see sh honest dialogue is hard for me to view any proposals as anything but another power grab.
Maybe Murphy should be forced to say the kids name a few times before he comes up with another law to empower criminals. The democrats have handed over our virtues to the lowest denominator.
We can brush it off, and say it’s nothing to worry about, but sure seems like a lot of the species on the planet are running into problems as most are barely holding on. We are talking about “rapid” change, not change.
Okay. Glad to see it was covered since I never saw the first story. I’m sure Murphy is cueing up the anti gang protests as we speak.
Anti gang protest? What exactly does that mean? Is that your idea of policy? Are you familiar with the term?
pol·i·cy
noun
a course or principle of action adopted or proposed by a government, party, business, or individual.
Looks like it’s going to be an enjoyable weekend.
Got the sleds shined up, snow suits lined up, just need to fill the gas cans and I’m ready to break out the booze.
Okay. Found the woke narrative in the story. Phil said sometimes “good people get caught in the middle”. Of course these gang banners wouldn’t simply target someone for not rolling over to their demands. It was all an accident shooting him.
You don’t like that example, I’ll give you another. Someone this week told me they blame trump for the girl who got pushed in front of the train. Of course it had nothing to do with handing over the streets to vagrants or the patterns of violence that existed previously. But the woke narrative has fooled a lot of people and is getting them killed.
Found this really interesting..
https://www.washingtonexaminer.com/news/blms-millions-go-unaccounted-for-after-leaders-quietly-jump-ship
Nice. I meant February. Shit, that is next week. I think Marcus King is March. Have not had much time to think about shows this month. Billy is a great entry-point into newgrass/bluegrass but also a youthful extension of deep genre. If you go down rabbit hole then I would recommend Doc Watson, Tony Rice and Norman Blake. Leo Kottke also put forth some good stuff in 70s. I think Greenhouse is one of them. Anyway, if I could point to one musician who bridged bluegrass/newgrass/jazz swing worlds then it is violinist Stephane Grappelli. Guy pretty much invented instrumental swing sound with Django in 30s. He crossed over into newgrass and traditonal jazz with Grisman, Oscar Peterson in 1970s. Guy was like a glove. Really influential to marrying numerous genres which we hear today. Purists hate it. I recall a small pub (20 years ago) in Ireland and fiddle player had just finished a set. I remember talking with with guy over a pint and he said “what do you listen to in America?” I was really into Flecktones at time and he said “they’re shite. Many better players out there..ahh now Doc Watson, there is a real soul”. I felt about two inches tall as I had not even listened to Doc. Now..I get it.
Yeah. They extorted a lot of groups using the Jesse Jackson strategy. Pay us or will target you. I’m sure most companies who write them a check looked at it like a payoff.
“Biden didn’t kill that kid. Sh1tty gun laws did.”
Neither Biden nor gun laws killed that kid.
Sociopaths did.
How is stating that innocent people got caught in the middle a woke narrative? Stray bullets. Not a targeted shooting. Another person hit by a stray bullet yesterday in the same neighborhood. You claim to read the news. Why are you so unaware?
Stop talking out your a$$!
Ex,
I think they were officially divorced for three years before Pegi developed cancer. Be careful what you read. And the breakup was relatively amicable. You do know the two of them together created a very charitable school for kids with unique special needs?
Everyone hates Neil Young for breaking up CSNY, but he has been trying to make up with Stills for decades. Stills is the stubborn one.
Just below the article above is another story about a girl in Paterson getting shot in her apartment through the wall multiple times. The fake news said she was caught in “crossfire.” Of course multiple shot hitting you through the exterior wall is crossfire.
This woke alternate reality is getting more dangerous by the day.
re: long term climate predictions…
It seems you want the scientists to all predict the exact date and time the flooding will start in lower Manhattan, the Jersey shore and other low lying areas like Florida.
Well here it is, they were wrong they were saying 50-100 years the sea level will rise. Well NOPE they were wrong. Now they are saying that a large west Antarctic glacier the size of Florida (one of many) is going to collapse anywhere from 5-10 years and we could see anywhere from a 2 – 10 ft sea level rise occur.
There is the concept of scientific uncertainty as to exactly when it’s going to happen, however that is not the same thing as scientific doubt like it’s never going to happen.
It’s going to happen, however scientists cannot give you an exact date of when so you won’t be able to mark your calendar but hey here is something that might actually happen in the near term. Oh and BTW there is now nothing we can do to stop it, so plan on moving everyone out of south Florida and other low lying areas because it is going to be a disaster of epic proportions. You have between now and about 3000 days to get it done.
It’s not like in any real way we could have done anything about it anyway, it was probably t00 late to stop it 30 years ago, as we did not have the ability to understand and actually measure what was happening. It’s only recently that the science was developed and we went down to Antarctica to study to find out what was actually happening with the glaciers. The deep sea warm water is there now, it’s under the glaciers and that salt water is 3 degrees above freezing and is melting the ice from underneath. There is nothing we can do the ice shelf is melting from the top and bottom now and fracturing, slowing CO2 entering the atmosphere won’t stop it in the near term.
Best bet is evacuation plans inland starting today…
https://www.wired.com/story/how-explosives-a-robot-and-a-sled-expose-a-doomsday-glacier/
Hey old realtor, how about not allowing our cities to be hollowed out and destroyed in order to advance your political narrative. Don’t think it’s happening, ask the Tiana leaving ny weekly that aren’t coming back. That’s what I’m asking.
“Sociopaths killed that kid.” May or may not be true. We know he was killed by a bullet shot from a gun and 3 teens have been arrested for the shooting. Reports are it was a stray bullet. No gun, no shot. Not like someone killed in a domestic violence situation where if there wasn’t a gun available another weapon may have been employed. At some point you must accept the notion that less guns and bullets may lead to less deaths from guns.
GOAT,
My only narrative is that you are ignorant and opinionated.
Leftwing. Yes, those gang members are sociopaths. But the guns they gang bang with come mostly from two places. Gun shows or unsecured or improper secured legally purchased firearms. As a country, since we are not interested in helping end the cycle of poverty and crime in our cities, we need to keep guns from getting into the wrong hands. I hate hearing of these senseless deaths. And they are definitely on the rise. I wrote a few papers on gangs in college. These sociopaths tend to be kids unloved at home. They are attracted to the affection of the brotherhood (gang) since mom is working all of the time and dad is incarcerated. The gang uses this love to brainwash it’s members into performing illegal activities to maintain membership (love).
So really. Either fix the cycle of crime and poverty in the ghetto or make gun laws stricter. Or just throw everyone in jail (the costliest option).
Anyone who outsources jobs to countries having nine year old children work in factories to make clothing in order to make themselves rich is a sociopath.
Pardon my grammar on that one. haha. Tired this AM.
Someone has to be awake at night when people get shot.
Why can’t we work on all 3 options simultaneously?
So really. Either fix the cycle of crime and poverty in the ghetto or make gun laws stricter. Or just throw everyone in jail (the costliest option).
The majority of those asking for gun control have at least 3 guns of their own.
Lib, Old….
Did not argue the counterfactual of whether the person had a gun or not would a murder have occurred. Can’t see the relevance there. Factually it happened. Why.
“Reports are it was a stray bullet. No gun, no shot.”
Sociopaths fire weapons at other people, especially in crowded environs. Stray makes it even worse, not only was there malicious intent but wanton recklessness, ie sociopathy.
“we need to keep guns from getting into the wrong hands”
Seems like you have conceded the exact point, the issue is the sociopath, ie. wrong hands. Gun in the ‘right hands’ is not an issue. Therefore, how can the problem be the gun?
Old Realtor
No one in America is interested in fixing the cycle of crime and poverty in the ghetto.
They would rather spend 200M to ride in the glans of Bezos’s giant d i ld o.
Well, at least it doesn’t have Peyronie’s disease. I guess if that were the case it would then just be an unarmed missile.
Lots of guns in the right hands end up in the wrong hands. That’s actually how most criminals (not talking serial killers or mass shooters) get guns in their hands. Either by proxy purchase or by theft. Let’s start there.
I forgot who the politician was, but they suggested ammo control over gun control. It was a pretty interesting concept. Any bullet you purchase that ends up in an innocent human results in a huge financial penalty. If you can’t afford it? Jail. Be careful with your ammo. The gun doesn’t really matter.
Either fix the cycle of crime and poverty in the ghetto or make gun laws stricter.
1) How does one fix the cycle of crime and poverty?
2) Stricter gun laws make it harder for guys like us to get a permit and a gun. How does that stop criminal activity? The NYPD was stating just yesterday that the guns for cash programs are revealing guns with no serial numbers. These guns seem to be of the home made variety.
Moms demand action for Gun Sense.
Started by a stay at home mom after Sandy Hook.
Wasn’t Sandy Hook itself started by a defective mommy who gave her son a gun hoping he would “man up?”
Oh yeah, it was.
And by the way, how much is stay at home mommy paying herself by making all of this useless noise anyway?
“Any bullet you purchase that ends up in an innocent human results in a huge financial penalty.”
And if you don’t have any finances to pay?
“Sociopaths killed that kid.” May or may not be true. We know he was killed by a bullet shot from a gun and 3 teens have been arrested for the shooting. Reports are it was a stray bullet.
Absolutely true, only a sociopath would illegally fire a gun in a residential neighborhood risking killing an innocent bystander. The fact the killer didn’t kill who they intended to kill is irrelevant in my book. Stray bullet shouldn’t be involuntary manslaughter.
Lib – re: “we need to keep guns from getting into the wrong hands”
They were able to slow the flow of out of state weapons for a while, that is no longer the case and hasn’t been for many years. Police can no longer pull over whoever they want because they are then accused of profiling, there was a real fear of trafficking weapons up and down our highways from out of State. That is no longer the case, so thousands of illegally bought guns from out state arrive here every year and are sold on the streets.
The illegal guns in NJ come mainly from PA. Lots from gun shows in the city of Philly too. PA has a huge amount of licensed dealers #3 in the country.
The arrests of people who bring in illegal guns, tells you who is trafficking in these illegal weapons, if they cannot stop them on the highway when the cross the border from PA or Delaware then we will never stop the flow of illegal weapons. But hey it’s profiling so more young kids will continue to die.
Lib,
“I forgot who the politician was, but they suggested ammo control over gun control.”
It was Chris Rock over 22 years ago.
https://www.youtube.com/watch?v=VZrFVtmRXrw
“The fact the killer didn’t kill who they intended to kill is irrelevant in my book. Stray bullet shouldn’t be involuntary manslaughter.”
I agree 100 percent with this statement.
The parents of a girl killed in a clothing store dressing room by a Los Angeles police officer’s stray bullet last week called for justice on Tuesday, the day after police released video showing the chaotic moments leading to the fatal shooting.
The 14-year-old girl, Valentina Orellana-Peralta, was inadvertently shot dead in a North Hollywood store on Dec. 23 when a police officer opened fire on a man who was bludgeoning another shopper after accosting and menacing several others.
The suspect was killed. But police said one round from the officer’s rifle apparently pierced the wall of a fitting room where the girl was hiding, out of view, with her mother, striking the teenager in the chest. The girl, who had been shopping for a dress, died instantly in her mother’s arms.
It is a tough nut to crack.
This should be added to the Three Little Pigs story:
https://youtu.be/2lkUvixtRVw?t=269
Hilarious..one for left, Ed and crowd
https://www.youtube.com/watch?v=uj0mtxXEGE8
Chris Rock forgot this one:
https://youtu.be/5KFpunZl8DY?t=14
I’m different. I don’t fight. I don’t eat meat. I don’t judge people who eat meat. I don’t kill flies.
And the best one, before they murdered this kid:
Teamwork makes the dream work. Poor kid believed in that corporate bull, along with believing that those paid to protect and serve wouldn’t hurt such a gentle soul.
https://bit.ly/3o6pOwo
Bystander,
Lol!! Awesome!
Bystander,
You mentioned Marcus King at the Capital in Port Chester. I think I may have to consider this one!
Bystander,
Lol!! Awesome!
Can’t wait till he does a new one saying don’t shop at convenience stores at night!
Phoenix
I called the cops last week on a suspicious person. Guy was walking very slowly on our street studying every house. I thought it was weird. He had green neck and face tattoos and was dressed in raggedy clothes and an old beat up jacket. Cops stopped him and let him go. Turns out he was a roofer looking for work. No company name or logo on his clothes, no ID on a lanyard, and no work truck. But he was white. Wonder what would have happened if he was black or Hispanic.
Music rights holders’ pay from Spotify . . .
I always had the number of $1 per 1,000 streams for the artist in my head. I thought I read that somewhere. So, maybe it is $4, but the label’s cut, other writers, etc whittles it down to $1? Or, artists are getting more-lucrative compensation from streaming than I believed.
I believe $1 per 1,000 streams is a LOT of money. I follow relatively-obscure bands on Spotify that have over 1M monthly listerners. So, if each listerner is only listening to one track (obviously, unlikely) they are receiving at least $1k per month from this one streaming service. Probably a similar amount from Apple’s streaming, and then another $1k from all other streaming sources combined (amazon music, youtube, is Tidal still a thing?).
Most importantly, the streaming revenue keeps rolling in. When I purchased a CD in 2002, the artist was getting one flow of revenue from me, ever. With streaming, I listen to music that is 20 years old and the artist keeps getting paid.
Parenthetically, I’ve been bullish on WMG, Vivendi (VIVHY) and SONY for a few years due to the ongoing trendlines in streaming (10 years from now the music industry might have 5B people globally actually paying for a streaming service – at the right price point, it is easier than torrenting the content). To that end, I understand why HIPGNOSIS and similar funds are out there buying music catalogues. Finally, and more importantly than earnings growth, I believe music rights are one of a handful of uncorrelated assets you can hold.
Nonetheless, as I’ve said before, I’m mostly just long things like VTSAX, and my positioning in response to this bullishness is that, if I calculated it, I hold 1% of my net worth overweight from global market cap in these companies (WMG, VIVHY, and SONY), and that if the expense ratio and premium over market price was low enough, I wish I could own a diversified basket of direct ownership of music rights (for example, owning 0.00001% of the Beatles catalogue, etc). Somebody tried to launch something like this but it might have only been for accredited investors and the FEES stunk from a quick glance, nevermind all the obscure ways they would screw you (which assets are they selling, hidden management fees, apportionment of expenses, whatever).
“Lots of guns in the right hands end up in the wrong hands. That’s actually how most criminals (not talking serial killers or mass shooters) get guns in their hands. Either by proxy purchase or by theft. Let’s start there.”
Again Lib, if you read what you wrote and leave your preconceived view behind yes there is a starting point….wrong hands. Fix them.
HMB,
Well, if you wanted him eliminated from your neighborhood, you should have told them that he “might’ have had a gun in his hand.
Automatic good shoot for the police.
Don’t think for one minute that police and the law are not used by civilians as weapons against the public they are to protect. The problem then is not the police, it’s the judges and the laws that don’t prosecute those who do this on purpose to cause trouble.
HMB,
Happens every day:
https://www.youtube.com/watch?v=DPXZFy6YVrU
For me what makes me laugh the most about that video is the woman playing it looks exactly like my ex sister in law.
The Left’s position on gun crime and the Right’s position on gun crime . . .
I think some fair anecdotal evidence may be presented by our local big city.
NYC murders in 2020 and 2021 are in the high 400’s per year. Before that, the murder trendlines were downward for many years. 2019 was 318 murders.
My theory is that leftist policies are responsible for the uptrend – things like bail reform, stop-and-frisk reform, police tactics reform, and leftist prosecutors. Even just DiBlasio’s rhetoric regarding crime. I’d say that DiBlasio was a departure from the policies of Bloomberg. It took a few years, but there is maybe now more of a sense among the people in NYC that might realistically commit a murder that they should do so. Each murder has a probability of creating a revenge murder.
I don’t believe any rightward policies were enacted recently – for example, I don’t think there is a big trendline of loosening gun access over the last 10 years.
HMB,
You know how many times a day the police get called because someone has taken a picture of a home and it upsets the homeowners?
I did that so many times while working with an architect to revise a house I once owned.
Guess I should feel lucky I wasn’t shot for taking a picture of a dormer, vinyl siding, or deck.
I don’t believe my post above was inflammatory, but here is some inflammatory rightist rhetoric that I do believe in re NYC and crime. In 2019, NY State enacted changes that DRAMATICALLY changed NYC rent stabilization. Simply put, even if a tenant vacates an apartment, a landlord cannot raise the rent. So, if you have a tenant paying $1k./month for an apartment that would command $2k/month if allowed to charge market rent, and that tenant vacates, you still need to charge $1k/month to a new tenant.
Before the amendment, a landlord in that situation could spend money on improving the apartment and get the rent raised to approx. $2k.
Think about the incentives and effects of this. For landlords, you will not receive a monetary return from keeping a building safe, clean and in good repair. So, the landlord needs to do the minimum to avoid building department fines and such; the other reason to invest is that things like patching the roof might avoid the need for replacing internal components (so, spend money only when it means you avoid spending more money later).
Worse physical plant of the buildings means that the only people willing to live in these buildings are going to be people of lower socio-economic status. Crime tracks roughly with socio-economic status. So, more crime in NYC.
The only countervailing forces are immigration (newer immigrant households are less prone to crime) and maybe more surveillance camera technology. It’s an ongoing surprise to me that people are still getting away with shooting someone dead on a public street when every storefront in the US has some kind of surveillance cameras pointing around their premises.
Phoenix
We’re you wearing dirty clothes and showing your neck and face tattoos when you were taking them photos?
^assuming SCOTUS doesn’t toss or curtail NY 2019 rent stablilization law if the cases get to SCOTUS one day and SCOTUS agrees with what is plainly true – hard/strict/permanent rent control is an unconstitutional uncompensated taking.
“We’re you wearing dirty clothes and showing your neck and face tattoos when you were taking them photos?”
Are either of those against the law in Texas?
Didn’t see this in the news. Harder to make chips when the factory that makes the machines that makes chips goes up in smoke:
Shortly before midnight on Sunday, January 2, smoke appears from a building of a high-tech firm on Waldkraiburger Straße in Berlin. The fire brigade comes out with large equipment and around eighty firefighters manage to master the resulting fire on Monday morning. Although it smells like burnt plastic in the neighborhood, no harmful substances were released, according to the fire service. There were also no casualties. At that time, it is not yet clear that something else is potentially at risk: the growth of global chip production.
Peter Wennink realizes this when he is informed of the fire that Monday morning. Wennink is CEO of ASML and he is called because the fire took place at ASML Berlin . “I was shocked,” said Peter Wennink when the annual figures were announced last Wednesday. “We’ve just started the year and I get a call that the factory is on fire. That’s the last thing you want to hear. At that moment you don’t know what the consequences will be. When I saw the photos, I thought : ‘This is going to have a big impact’.”
https://tweakers.net/reviews/9746/hoe-brand-asmls-productie-bedreigde-euv-topman-over-wafer-clamps-en-high-na.html
Joyce
I’m sure if you saw a scruffy, dirty guy covered in cheap tattoos who looked like a meth addict staring at your house and your neighbors’ houses you would have invited him in for a cup of tea.
We get contractors on a regular basis walking around and knocking on doors. He did not have that vibe. The contractors have work trucks and usually have clothes with the company name and logo on it that matches the truck. And they are carrying a clipboard or have a stack of business cards or flyers in their hand.
If I am seeing it correctly on the chart, the SP500 has closed down 7 of the last 8 trading days.
Depends on the neighborhood you live in:
“I’m sure if you saw a scruffy, dirty guy covered in cheap tattoos who looked like a meth addict staring at your house and your neighbors’ houses you would have invited him in for a cup of tea.”
Should have let the guy with the tattoos do your roof. He is the guy actually doing the work.
The guy with the 80k Ford Raptor will triple the price of the work above, then take his wife to Europe on your cash.
Oopsy: No money to fix bridges, but we have trillions to spend in Afghanistan.
Rescuers formed a human chain to rescue four people from a commuter bus left dangling off the edge of a collapsed bridge in Pittsburgh early Friday.
Photographs from the scene showed the bus – which had three passengers and a driver on board – perched upright on the edge of the bridge, which was was determined to be in poor overall condition by the Pennsylvania Department of Transportation in 2019.
The two-lane span, on Forbes Avenue over Fern Hollow Creek in Frick Park – one of Pittsburgh’s largest parks – caved in around 7 a.m, taking multiple vehicles with it.
I have a guy from Trenton, Jamaican immigrant. He’s got a crew of 4 other Jamaicans. They do so much by hand instead of machinery. He comes in 50% below what everyone else quotes me. I had him do an entire finishing of an attic, my fence. The rest of these contractors come in and give me the “Princeton price”.
I should have asked him about Ark.
Lib, that’s a better timeline re: Mr Young.
Note: he owns Lionel trains :)
“So really. Either fix the cycle of crime and poverty in the ghetto or make gun laws stricter. Or just throw everyone in jail (the costliest option)…Why can’t we work on all 3 options simultaneously?”
Agree, with one caveat.
Enforce the laws on the books before putting more on….the vast majority of gun homicides in NYC are committed already in violation of existing gun laws…..
In my parents’ part of the country they can walk in to a Walmart or Bass, pay for a gun, go to Starbucks, and then return to pick up the gun. Maybe there are four gun homicides a year among an area of 300,000 residents for a rate of 1.3.
NYC starts around 5.0, other major cities go as high as 30 or better.
So in my parents’ SMA not only is availability simple with just the Federal check but everyone is armed to the teeth. Multiple long guns and often a pistol in the home. So both possession and availability are high, yet homicide rates very low.
The problem is not the amount or availability of guns in rural areas…despite the huge number of weapons per capita there is little gun violence. The problem, again, are in the borders of these urban areas.
And has already been pointed out, these cities have repealed or laxly enforced effective laws in their own problem jurisdictions yet want to blame law abiding citizens in other areas for the cities’ own incompetence or disdain.
Enough. Fix your own house carpetbagger before you come to my town accusing me of crabgrass.
Neil only sold 50% of his publishing interests to Hipgnosis. Synchronization rights must be cleared with both the copyright owner and the master owner. Multiple copyright owners if a co-write. Since Young continues to hold a portion of the copyright, there never will be a commercial with Young’s songs without his permission. Even if he sold 100% of the copyrights, the commercials would still not be possible unless the song was covered, i.e. someone rerecorded the master, as he retains control over the recorded music. Technically the label does, but complete licensing discretion at this level of talent can be retained with the performer.
The distinction between sale of copyrights versus sale of revenue stream from said copyrights is also an important one as it confers licensing control post sale/purchase.
Scooter Braun sold Big Machine Records, including Taylor Swift’s masters spanning eleven years to a an investment fund a while back. It is said that Scooter denied Taylor the opportunity to repurchase her masters, something she was in a position to do at the time of the transaction.
Taylor went ahead and rerecorded a bunch of hit songs. Now when an licensee like a Coke, Pepsi, or Peloton approaches the label and publisher to obtain the rights to a song/composition, the only way Taylor will grant one of two licenses required (the right to use the copyrighted work which is retained by her) is if the licensee opts to use the rerecorded master. This is also why the Peloton Taylor Swift series comprised of only rerecorded tracks. Peloton would have loved to use hits that span the gamut but Taylor refused to grant those licenses.
Synchronization fees are a substantial portion of the revenue mix of a publishing/master catalog, and you can be sure the sold Big Machine assets are not performing as expected.
Unintended consequences, excess weight of EVs compared to ICE. F still equals MA?
https://www.cnet.com/roadshow/news/americas-new-weight-problem-electric-cars/
Our leaders from both political parties should be immediately removed from their positions and replaced with people that actually care about the f/ing country.
Phoenix says:
January 28, 2022 at 12:51 pm
Oopsy: No money to fix bridges, but we have trillions to spend in Afghanistan.
Rescuers formed a human chain to rescue four people from a commuter bus left dangling off the edge of a collapsed bridge in Pittsburgh early Friday.
Libturd says:
January 28, 2022 at 10:40 am
“Either fix the cycle of crime and poverty in the ghetto or make gun laws stricter.”
What a surprise to see the Dem stooges trotting out the stale excuses of guns and poverty to avoid Dem responsibility for skyrocketing crime rates in our cities. Crime is a policy problem, specifically the failed policies of modern day Dem governors, mayors, DA’s and judges who view criminals as victims and taxpayers as victimizers. These were the same excuses used in the 70s, 80s and 90s by duds like Abe Beame and Dave Dinkins to explain why they couldn’t solve NYC’s crime problem. Then Rudy and Bill Bratton came along and solved it — by targeting even the most minor offenses to ensure a culture of crime couldn’t take root, and then aggressively policing high-crime areas. We see what happened the Dems were returned to power in NYC. You guys are as clueless as Gavin Newsome — he’s shocked, SHOCKED! that LA looks like a third world country and that train robbery is once again a popular crime in the state that he governs.
Come on, man. It starts with fixing poverty. Instead of building more jails and driving up the cost of taxes, why not fix the poverty issue that creates this mess. It’s the same crap with urban ghetto schools, stop blaming and acknowledge the issue with poverty as the source.
“The problem is not the amount or availability of guns in rural areas…despite the huge number of weapons per capita there is little gun violence. The problem, again, are in the borders of these urban areas.
And has already been pointed out, these cities have repealed or laxly enforced effective laws in their own problem jurisdictions yet want to blame law abiding citizens in other areas for the cities’ own incompetence or disdain.
Enough. Fix your own house carpetbagger before you come to my town accusing me of crabgrass.”
You are lost in the woods. Wake up.
“What a surprise to see the Dem stooges trotting out the stale excuses of guns and poverty to avoid Dem responsibility for skyrocketing crime rates in our cities. Crime is a policy problem, specifically the failed policies of modern day Dem governors, mayors, DA’s and judges who view criminals as victims and taxpayers as victimizers.”
Have a strict policy when it comes to crime, but at least acknowledge why most of these people choose the path of crime.
The really f/ed up people are the one’s that are rich and still committing crimes. Of course, nothing happens to these sociopaths at the top of the food chain feeding off everyone around them. It’s their world and we are just living in it…f/k them with a brick.
On the gun thing, kid who did Sandy Hook shooting was from divorced home. Dad was GE exec, kid lived with mother. She left AR & Ammo unlocked (should parents who act in an irresponsible manner be held liable?)
Background check system is not standardized. Federal one used by around half the states. Remaining states have their own. How hard to put all 50 states on same system and have programming that if someone is diagnosed with mental illness and unfit to but or own firearm, system would trip and send encrypted info to local authorities to take away firearm temporarily and disable individual to be able to purchase firearm until their situation is cleared by doc, shrink… Could have cellular enabled background check for gun shows but not done.
Bad people will find a way to get guns and usually its illegal purchase like 90%+ of the time. Serial numbers tend to get filed off these guns.
PS – after Sandy Hook lots of people expressed their views on chat boards. One elderly man (lates 70s to mid 80s) recalled his youth where at his elementary school, there was a shooting range in the school basement. Guns on a rack, ammo on shelf, neither locked and no problems. His question was profound, what has changed since he was a child so that kids and young adults do the horrific things they do? Breakdown of family, unhappy kids, poor parenting, lack of community, Social Media and the list goes on.
If you look at all the murders with guns and put them into silos, there is a fairly clear 80/20 rule as to where the majority of gun homicides take place. Look at the top three silos and focus on them.
For the mass shooters, many tend to post their pain and / or intentions online prior to acting. Algos can’t detect this and trip, call authorities, school psychologist before vs after?
Barkhuff wrote a piece a few years ago on how those who have served in the military are less prone to using firearms for violent purposes. Perhaps because they know first hand what firearms are capable of.
I understand what you’re saying but there’s a middle ground between inviting someone in for tea and calling armed people with the privilege to inflict state sanctioned violence.
You said the police stopped him. Do you know any more details? (a bunch of if’s coming) I’m wondering if they actually detained him. If they did and he knew his rights and the police didn’t, a very violent encounter could have occurred at worst and at best he would have gotten a ticket or arrested. He’d most likely prevail but as the saying goes, the process is the punishment [too]. And the cops, prosecutors and judges are acutely aware of this.
Hold me beer says:
January 28, 2022 at 12:33 pm
Joyce
I’m sure if you saw a scruffy, dirty guy covered in cheap tattoos who looked like a meth addict staring at your house and your neighbors’ houses you would have invited him in for a cup of tea.
We get contractors on a regular basis walking around and knocking on doors. He did not have that vibe. The contractors have work trucks and usually have clothes with the company name and logo on it that matches the truck. And they are carrying a clipboard or have a stack of business cards or flyers in their hand.
Yeah, or should I say no, that’s not all she did. Mommy created this problem directly:
“kid lived with mother. She left AR & Ammo unlocked (should parents who act in an irresponsible manner be held liable?)”
“Friends told NBC’s Today show on Monday that Lanza was a devoted mother, especially to her son Adam, and that shooting guns was simply a hobby for her. Russell Hanoman said Adam Lanza was ‘clearly a troubled child.’
“Hanoman said Nancy Lanza told him she introduced guns to Adam as a way to teach him responsibility. ‘Guns require a lot of respect, and she really tried to instill that responsibility within him, and he took to it. He loved being careful with them. He made it a source of pride,’ Hanoman said.”
HMB,
To clarify, I know none of that happened but it’s very possible when someone calls the cops and says ‘suspicious person’.
Got a problem.
Call a cop.
Now you have two problems.
Confidential? If justice is to be served there needs to be transparency. Show the public what happened and let us decide what is the truth.
“Autumn Steele and her husband, Gabriel, were fighting again, so he called 911. A police officer sped to their home, pulled out his gun and then — frightened by the family dog — opened fire, killing Autumn with a bullet to her chest.
Since the Jan. 6 shooting, Steele’s family has battled police in Burlington, Iowa, to see 28 minutes of body camera video recorded by the two officers who responded that day. Police have declared the videos confidential, saying the shooting was tragic but reasonable, given that the dog “attacked.” State investigators have released a 12-second clip from the videos, but Steele’s relatives say it raises more questions than it answers.
About this story: The Post contacted police departments nationwide to request body camera footage of officers involved in fatal shootings. Reporters surveyed departments on policies for disclosing body camera footage, in part to determine whether officers involved in use-of-force incidents were allowed to review the recordings prior to giving statements to investigators. Reporters also analyzed legislation nationwide to identify restrictions on the use of body cameras and the disclosure of the resulting footage. These shootings were identified in a database The Post is compiling of all fatal shootings nationwide by officers in the line of duty in 2015, available here.
“I deserve to know what happened to my daughter. The public deserves to know,” said Steele’s mother, Gail Colbert. “How can they keep this from us?”
HMB,
Honestly, if I were in your neighborhood , or the one I live in now, and I saw what you saw the last thing I would have done is called the police.
Maybe it’s just because I would have expected every woman around for making that call 50 times before I saw the guy, or maybe I have walked around dressed like that so many times so I could identify as that guy, minus the tattoos.
I can’t count the amount of times I have shown up in a supermarket, home depot, or Walmart dressed like a bum, soaked in grease, gas, oil, sawdust, or just plain dirt.
I don’t walk around worrying or thinking one bit about what anyone thinks or how you feel, say, or care about the way I am dressed.
I’m not going to change my clothes to pick up an oil filter if I have the wrong one.
Same a holes that would mock me for what I look and smell like at the time would praise me later when they see me at my actual job.
I work with professionals that don’t brag about “saving lives” but help to do so, and plenty have sleeve tattoos or look like freaks to many that don’t know them or what they do. And many women I work with are women, some with full body art.
Guess we are still judging books by their covers. Haha.
This guy should be in jail. Why does the badge protect him from punishment? Like wtf. Don’t take the job if you can’t handle the consequences of f/ing up royally. Just because you have a badge shouldn’t mean you are immune from punishment.
Phoenix says:
January 28, 2022 at 2:12 pm
Confidential? If justice is to be served there needs to be transparency. Show the public what happened and let us decide what is the truth.
“Autumn Steele and her husband, Gabriel, were fighting again, so he called 911. A police officer sped to their home, pulled out his gun and then — frightened by the family dog — opened fire, killing Autumn with a bullet to her chest.
Another day, another bull trap created with shorts covering. This is wild. I don’t think it gets better in the stock market for a while. Market has went completely 180 from can’t lose to can’t win.
I keep reading that we need to fix the poverty issue and no one’s offering a solution. Oh, I know the solution, I just want someone else to post it.
Nomad, 100% agree. Liability if you don’t store/handle your weapon correctly and it’s used in a crime. Standardizing the federal database, of course.
This one made me LOL, can’t algos pick up online signs of distress ahead of a mass event?
My kid while in high school used the phrase ‘that’s so gay’ on social media with his peer group. Somehow it got to the principal’s office. Holy fcuk, you’d think there was an active shooter. Principal’s office, i’m called, kid is out, can’t come back until meet/cleared with counselor….
Meanwhile, in the Crumbley case, the school had the kid’s drawing of shooting scenes with words “the pain won’t stop” and him googling ammunition purchases online in school, and just decided to send him back to class without even any search of his belongings….four deaths later…..
We don’t need algos, we need common sense.
As someone else here said when criminals are made victims, citizens become victims.
But for HS, making sure a 16 year old never, ever, ever again uses ‘gay’ as a synonym for ‘stupid’ is much further up the list of priorities….
It is not coincidence the highest incidence of violent homicides are in liberal hellholes. I’m guessing an r-squared approaching 1.
These 4 words have killed more people and caused more problems then it ever solved.
How about this, since a good part of America is practically brain dead:
Mind your own business.
The origin of ‘See Something, Say Something’
The term was first coined by New York advertising executive Allen Kay, who came up with the phrase on Sept. 12, 2001.
[TLDR] Watch market for a pop short term.
Unabridged: Mentioned I was short volatility, VIX, otherwise known as fear factor. Noticed it’s coming in a bit and that I should be printing, but it’s far from the amount of green I should see. Looking deeper, the volatility of the VIX is off hard especially for mid-Feb….basically a leading indicator that the VIX itself ought to tank, ie. fear coming out of the market, stocks popping.
All disclaimers apply, especially since this measure is far out on the branch. But very noticeable today unlike any other day this week, where day to it held solid.
It’s never going to happen. You think they want to fix the poverty issue?
Fast Eddie says:
January 28, 2022 at 2:45 pm
I keep reading that we need to fix the poverty issue and no one’s offering a solution. Oh, I know the solution, I just want someone else to post it.
As someone else here said when criminals are made victims, citizens become victims.
Well ain’t that the truth
You think they want to fix the poverty issue?
Who is “they?”
Nope. A guy who looks like a methhead is staring at every house I’m calling the cops. He was looking at each house up and down side to side like he was casing them. and walking very slowly. Never seen anyone act that way.
The message the greatest generation left, but no one listens to anymore
They say history repeats itself:
https://youtu.be/2L3N0StxYSw?t=222
This is the better time stamp.
https://youtu.be/2L3N0StxYSw?t=266
As someone else here said when criminals are made victims, citizens become victims.
So let’s add this.
When citizens become victims, citizens become criminals.
Seems reasonable.
HMB,
I would have asked him what he was doing.
I once had a neighbor call the cops on me because he saw someone walk into my home at 2am with a large duffel bag. It was me, coming home from a mens league hockey game. It took me nearly five minutes to prove to the cops that I was not robbing my own house since I looked so disheveled (my sweaty return home outfit is not pretty) when they came to my door.
A strange thing happened to me yesterday. I was heading to my son’s hockey game and was at a 4-way stop. It was my turn to proceed and suddenly, a pick-up truck with a reflector vest cladded driver pulls out as if I’m not there. He hits the breaks pretty hard and I give him the look and mouth (a-hole) in his direction as I proceed by. He then turns, accelerates like a madman to catch up to me and gets out of his car to walk up to my driver side window at the next light. I roll down my window and politely ask him if he understands how a four-way stop works since I clearly had the right-of-way. He says he does and he just wanted to make sure I was okay. I said thank you and we were both on our way. How peculiar.
“SmallGovConservative ”
I remember the policies of the Republican Mayors in New York. They worked brilliantly as long as you were a white guy. If you were a black guy, you couldn’t go to midtown without being hassled every other block. It’s no surprise that someone with your privilege would be in continued support of it.
Lot’s of profiling works. For everyone except the group being profiled.
I used to support it too. Then I went to college and was educated.
New Jersey, of all places….
Now, an investigation published Friday by The New York Times Magazine has found that Israel, which controls the export of the spyware, just as it does the export of conventional weapons, has made Pegasus a key component of its national security strategy, using it to advance its interests around the world.
The yearlong investigation, by Ronen Bergman and Mark Mazzetti, also reports that the F.B.I. bought and tested NSO software for years with plans to use it for domestic surveillance until the agency finally decided last year not to deploy the tools.
The discussions at the Justice Department and the F.B.I. continued until last summer, when the F.B.I. ultimately decided not to use NSO weapons.
But Pegasus equipment is still in a New Jersey building used by the F.B.I. And the company also gave the agency a demonstration of Phantom, which could hack American phone numbers.
A brochure for potential customers, obtained by The Times, says that Phantom allows American law enforcement and spy agencies to “turn your target’s smartphone into an intelligence gold mine.”
The recent American blacklisting of NSO could suffocate the company by denying it access to the American technology it needs to run its operations, including Dell computers and Amazon cloud servers.
The rebuke has infuriated Israeli officials who have denounced the move as an attack not only on a crown jewel of the country’s defense industry but on the country itself.
“The people aiming their arrows against NSO,” said Yigal Unna, director general of the Israel National Cyber Directorate until Jan. 5, “are actually aiming at the blue and white flag hanging behind it.”
Interesting article. NJ even mentioned:
https://www.nytimes.com/2022/01/28/world/middleeast/israel-pegasus-spyware.html
The elite calling the shots (yes blue and red).
When someone is in poverty, you have power over them. It’s a fine line though, push too hard and they rebel, but keep them desperate to a point if you want to maintain your power over them. What’s the worst thing for the people in control? People making enough money to reach financial freedom to do whatever they want. If enough poor reach that position, there goes the workforce aka your power over these individuals to do what you want and not what they want.
Fast Eddie says:
January 28, 2022 at 3:34 pm
You think they want to fix the poverty issue?
Who is “they?”
At the end of the day, hold knows his neighborhood. Unfortunately, we all will question when someone is out of place walking in your neighborhood.
ArkG…
“Biotech is way below where it was in Feb ’20, while most companies have made pipeline progress and raised capital at much higher prices.
We probably have the lowest biotech valuations ever right now, or close.”
From a month ago………………
The Rockers’ Rush to Market
What’s driving Bruce Springsteen and a host of other musicians to sell their musical catalogs?
By Mark Richardson
Dec. 21, 2021 5:16 pm ET
This past Thursday, Sony Music confirmed that it had purchased Bruce Springsteen’s recorded music and publishing catalog. The price of the sale—which transfers ownership of both the Boss’s master recordings, i.e. his performances as found on his records, and publishing rights to the songs he has written—was reported to be about $550 million. It was the most recent—and, by some measures, most lucrative—instance of a high-profile, late-career artist selling the rights to his or her songs. Other notable examples from the past 12 months, which were reported to be worth between $50 million and $400 million, include Bob Dylan, Paul Simon, Neil Young, ZZ Top and Stevie Nicks (her onetime Fleetwood Mac bandmate Lindsey Buckingham sold his songs too, price unknown). And negotiations for the sale of song catalogs of Sting and David Bowie are rumored to be in the works.
The companies buying the songs include music publishers like Primary Wave and Hipgnosis, often working in partnership with investors, along with the publishing arms of major labels including Universal, Warner, and Sony, which owns Mr. Springsteen’s longtime label, Columbia. There are basic economic reasons why these transactions are happening now—low interest rates make borrowing easy for the buyers, potential changes to the capital gains tax make it a good time to sell—but the value of catalogs also tells us something about the financial worth of music in the streaming era.
First, there are annual payouts from songs. If you look at streaming numbers on Spotify—Apple Music and other major players in the space don’t have public-facing play counts—Mr. Young and Mr. Springsteen have few songs that can match the numbers of a recent hit by Olivia Rodrigo or Doja Cat. But their total catalogs include hundreds of tracks, and the aggregate streaming numbers for the whole are sizable. Research has shown that 66% of streaming on Spotify is of catalog songs, rather than new hits. Those who own the rights to this music have a significant passive income stream.
And that doesn’t consider how old songs can come back into the conversation through social media. Fleetwood Mac’s 1977 song “Dreams” hit No. 21 on Billboard’s Hot 100 in October 2020 after its use in a popular TikTok meme, which for rights holders is essentially found money for doing nothing. Old songs have re-entered the charts for years—think of soundtrack tie-ins—but that usually required label investment and marketing muscle. In the era of physical media, capitalizing on an unexpected trend involved pressing and distributing records, which was a slow process. Even popular albums fell out of print when demand waned and they could no longer justify record-store shelf space. Streaming services are always on and instantly available, able to absorb lightning-fast changes in consumer culture.
But the most salient long-term value proposition for catalog music might be traceable to a court case from the past decade. In 2015, a jury found the songwriters behind Robin Thicke’s “Blurred Lines” liable for copyright infringement because of the song’s uncredited similarity to Marvin Gaye’s 1977 song “Got to Give It Up,” and awarded a multimillion-dollar verdict. The case accelerated the use of credited interpolations in songwriting: If a new track has a musical element that could conceivably be traced to an existing work, regardless of whether it was consciously borrowed, rights-holders cut a deal ahead of time, playing it safe by giving credit and a portion of the earnings. When such claims were rarer, minor unintended similarities were often overlooked.
We find a prominent example from 2021 on several tracks from Ms. Rodrigo’s hit album, “Sour.” Two of the record’s songs were similar in some ways to songs by Taylor Swift, while another bore a resemblance to a song by pop-punk band Paramore. Songwriting credits were amended to reflect this—in one case before the album’s release; in the other two, after—and the owners of the original copyrights now profit from Ms. Rodrigo’s streaming royalties and radio airplay. Over the long term, three such credits on an LP as massive as Ms. Rodrigo’s—two of the album’s tracks already have more than a billion streams—will add up to a lot of money.
In September, Rolling Stone reported on a “songwriting camp” sponsored by music publisher Primary Wave, in which the company encouraged professional tunesmiths to write new songs built from elements of the songs whose copyrights were held by the publisher. The idea was to assemble future hits using the DNA of old works that have already been bought and paid for, expanding the reach of Primary Wave’s intellectual property and creating additional revenue streams.
We hear a great deal about how much new music is uploaded to streaming services—60,000 tracks per day is one estimate—so it’s easy to forget that familiar songs from the past embedded in listeners’ memories are actually a scarce resource. When you buy a song catalog, you’re getting not just rights to the songs as written, but a piece of musical real estate that can be divided into parcels and leased to an infinite number of future renters. Those buying song catalogs are acquiring fragments of proprietary content that are standing by and ready to be repurposed. Whether that’s through television commercials, Broadway musicals, or in a chorus hook from a teenage pop singer who may not even have been born yet remains to be seen.
—Mr. Richardson is the Journal’s rock and pop music critic. Follow him on Twitter @MarkRichardson.
from above…………
The case accelerated the use of credited interpolations in songwriting: If a new track has a musical element that could conceivably be traced to an existing work, regardless of whether it was consciously borrowed, rights-holders cut a deal ahead of time, playing it safe by giving credit and a portion of the earnings. When such claims were rarer, minor unintended similarities were often overlooked.
I’m not trying to be (overly) argumentative, but do you not have any problem with the idea of calling the police to complain about legal behavior?
Hold my beer says:
January 28, 2022 at 3:56 pm
Nope. A guy who looks like a methhead is staring at every house I’m calling the cops. He was looking at each house up and down side to side like he was casing them. and walking very slowly. Never seen anyone act that way.
Great night for a Zone Valve to crap out. A percussive reset on the relay has it running for the moment, but the plumbing supply stores will not be open until Monday and I’m not paying a plumber for this. I’ll sit in the basement and short it every few hrs to bring the rooms up to temp if I need to.
Bystander, in my teens I wore out, my Cafe De Paris cassettes with Django and Stephane. If you love that, try this:
https://www.youtube.com/watch?v=2UI5czTa1tA&list=PLD9EDFD8F1E9C5D48&index=4
This is one of the best albums ever made, its in my Top 5. It was out of Circulation for many years and my sister got my parents copy and we had many years fighting over it. She finally gave it up in a massive trade.
I love this album so much I bought a second copy on vinyl to ensure my kid has their own copy and wont steal mine.
Fab,
The type I had you could lock it into the on position, Honeywell type.
Not sure about Taco brand.
Although I installed many Taco cartridge circulating pumps to replace the old Bell and Gosset leakers. Taco cartridge pumps were quiet and lasted forever.
Keep warm buddy. Good luck.
“His “everything” idea wasn’t well explained, I’ll give you that.”
No his “everything” came across as that that person you met in college who was drunk and stoned and had just worked out the meaning of the universe. But DUDE!
https://twitter.com/joshtpm/status/1486132592193806339
Thanks Phoenix, Its older Tyco so no switch, but easily bypassed.
Nice cartoon on the upcoming SCOTUS fight. Where is Eddie Ray when he’s needed?
https://www.sltrib.com/opinion/bagley/2022/01/28/bagley-cartoon-quiet-part/
And Joni Mitchell dumps Spotify. Again this is a PR Disaster for them. The Klaxons should be wailing and they should be in Damage Limitation, but its 100 Mil. If they dont get in front of this, its going to be lot more.
https://twitter.com/RollingStone/status/1487259246467166216
Meanwhile Apple Music is all “Come on Over, We got Cookies”
Fab man, the zone valve has a latch on it at the end of the swing of the lever. Flip it up into the catch, it will force the zone valve open and the spring return will not be able to close. Yes, it’ll get hotter than usual, but if it’s a zone that calls for heat often, it might not be too bad.