.@_whitneywebb details the forces behind the massive data center drive, and the ideological agenda behind this infrastructural project — the privatization of the state. https://t.co/CtqNPoopiE
Insurance is the oldest of the four ways. It is a nine-trillion-dollar global industry. The equation underneath it was invented in 1560 by a broke Italian gambler.
His name was Girolamo Cardano. He wrote a book called Liber de Ludo Aleae. A short manual on how to win at dice. Nobody in finance read it for four hundred years.
Then in 1996 a ninety-year-old man in New York wrote a book that traced every modern risk model back to that manual. He called it Against the Gods. One thesis. Every dollar of premium ever collected on Earth is a footnote to a gambler scribbling in Milan.
His name was Peter Bernstein. He founded the Journal of Portfolio Management in 1974 and ran money at Bernstein-Macaulay before that. Wall Street called him the historian of risk.
In 2008 a small production company filmed him for thirteen minutes. He walked through the entire five-hundred-year arc. Cardano to Pascal to Fermat to Black-Scholes. Then he stopped and said the industry had built glass towers on the back of an idea a broke Italian scribbled to settle a card debt.
He died the following summer. Age ninety.
Reinsurance premiums crossed six hundred billion dollars last year. Every actuary on Earth prices catastrophe risk with the same expected-value framework Cardano invented to shave the house edge in Milan.
The video is thirteen minutes and twenty-two seconds long. Free. Eleven years on YouTube. Twenty-nine thousand people have watched it.
Almost none of them work in insurance.
Reminder, there are over 10x more high IQ White people in the United States with 150m population than all of India with over 1.5B population.
They can't fix anything in America for the same reason they can't fix anything in India.
They aren't buying all the housing, they aren't doing shit.
I don’t understand why this isn’t the biggest story in the Western world: There’s a service that allows “surveillance” to be turned into storytelling. For a price, every camera connected to the internet can be made to tell whatever story the client wants, without leaving a trace.
BREAKING: Israel fed the CIA a fake Iranian assassination plot against Donald Trump to manipulate U.S. foreign policy and damage Trump's growing ties with Turkey, per WaPo. CIA had "low confidence" in the intelligence.
U.S. officials believe Israel fabricated the threat to push Trump to restart the war on Iran. The alleged plot was relayed during Trump's July 8 visit to Turkey, prompting an elaborate Secret Service operation where Trump was secretly flown to Britain.
Israel's warning was not about saving Trump's life. It was about shaping U.S. policy. A former official said it "fit a broader pattern" of Israeli intelligence designed to influence presidential decision-making. Turkish officials believe the report was fabricated to derail Trump's Iran negotiations and block Turkey's F-35 acquisition.
The U.S. was played. Turkey was locked down. And Israel got what it wanted.
Investigation finds the reason why prices on everyday products never seem to go down
Walmart is making secret deals with major Big Food companies to set the price of items. If a different store chain tries to sell an item for cheaper, big food companies create plans to force those stores to increase their prices to be higher than Walmart prices. They do things like cut their promotion rates and increase their wholesale rates
Because of this, Walmart sets the floor price. Whatever Walmart charges, no company can sell for cheaper because these secret deals will find ways to force those stores to increase their prices
This means prices can never go down because there is no competition, Walmart sets our prices for products with these secret deals
You need to know this is happening. We all do. This technology threatens the rule of law itself. It creates an enabled class of government-affiliated citizen with the power to exonerate themselves--and falsely convict others--of their crimes. Is this already shaping history? No way to know.
We discussed it today on DarkHorse, in the first reply.
Probably Cause Is Required For Search!
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"I believe the constitution of the United States is there to protect us from overreach like this. Obviously our 4th amendment right guarantees us protection from illegal search and seizure. A warrant is required for any investigation and you have to have probable cause for that."
I'm starting to think the entire concept of a license plate reader is a sham. Data collection is a search so it requires a warrant or probable cause. That means you can't collect any data on us unless we've given probable cause.
The courts have ruled that individual police can use license plate readers but why should they be allowed to? When they collect data on us that is a search and if we have not given probable cause it should require a warrant. They clearly have no warrant, so they should collect NO data.
We can't tackle everything at once but I think once we get the momentum of our movement where it needs to be, we need to push back against and correct everything that is wrong with our current system.
In the end we need to wipe license plate reader technology off the map completely.
She is so right, Flock is Bad News, this is setting the stage for mass Surveillance and now they want to use drones alongside them as well. We NEVER approved this. Just wait till they watch you 24/7 when they stage another Pandemic as well.
Is a French style revolution is probably necessary at this point?🤷♂️
Good news is the cameras could capture all the decisive actions …so maybe despots in the future will think twice…
Credit: @helloamericasup
INSANE LEAK.
Yom Tov Glaser, a top-Rabbi close to Netanyahu, just exposed Israel’s real plan for Western nations that refuse to bend to Israel.
He openly declared that the moment America and Europe stop supporting the Jews, they will be brought to their knees and annihilated.
Trump's new AG, Todd Blanche, didn't become a Republican until 2024. Prior to that he was a Democrat. Blanche was a registered Democrat in New York and supported Hillary Clinton in 2016.
I consider him to be another enemy allowed inside the gates.
IMPORTANT POST
Last night, Israeli settlers deliberately blocked the road to a Palestinian home, cutting off anyone trying to reach or save the family.
Then the house was set on fire with them trapped inside.
Two children survived.
The rest of the family burned to death.