Opinion | Just How Hypocritical Are the Supreme Court’s Conservative Justices Willing to Be?
Why critics are saying that the conservative justices are exercising political, not judicial, power.
Hasnain says:
“But what should not be subject to dispute is the hubris of the same justices turning their backs on a half-century’s worth of limitations on the court’s power that they articulated, all for the purpose of striking down a social policy they don’t seem to like adopted by a Democratic president. Such a move would provide yet another example of a supposedly bedrock principle of conservative jurisprudence being tossed aside now that the conservative majority is ascendant. And it would do nothing to rebut growing charges that the justices are partisan political actors as much as they are neutral, independent jurists — further eroding public confidence in the Supreme Court and in the judicial system more broadly”
Posted on 2023-03-14T19:59:43+0000
Update on Meta’s Year of Efficiency | Meta
Mark Zuckerberg announces steps to make Meta a better technology company and improve our financial performance.
Hasnain says:
:( this sucks. Wishing the best to everyone I know that’s still there. Happy to talk if you need help on the job hunt or just need someone to listen.
“Here’s the timeline you should expect: over the next couple of months, org leaders will announce restructuring plans focused on flattening our orgs, canceling lower priority projects, and reducing our hiring rates. With less hiring, I’ve made the difficult decision to further reduce the size of our recruiting team. We will let recruiting team members know tomorrow whether they’re impacted. We expect to announce restructurings and layoffs in our tech groups in late April, and then our business groups in late May. In a small number of cases, it may take through the end of the year to complete these changes. Our timelines for international teams will also look different, and local leaders will follow up with more details. Overall, we expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven’t yet hired.”
Posted on 2023-03-14T14:51:38+0000
‘It’s legal, there’s just no precedent’: the first US town to demand a rent decrease
In Kingston, New York, tenants say their survival depends on the city ordering a rent reduction – something that’s never been done before
Hasnain says:
“It didn’t persuade the room, and on 9 November, the Kingston rent guidelines board was ready to hand the tenants a win. It took more than three hours of deliberation – Carolina Soto had tried holding firm for a 30% rent reduction – but in the end, they settled on 15%, a number Soto knew would still be a lifeline. It was the first time any American city had voted to decrease rents this way, and the tenants were ecstatic. “This is huge,” thought Teresa Greene. Nemon, the former Bernie Sanders organizer, says it was “the best I’ve felt since the Iowa caucuses”.”
Posted on 2023-03-14T04:59:40+0000
The Incredible Tantrum Venture Capitalists Threw Over Silicon Valley Bank
Remind me why, exactly, these guys have so much control over technological innovation?
Hasnain says:
Great read.
“It’s not obvious to me why venture capitalists should be so in control of what tech gets funded, who designs it, how it gets developed, why it gets deployed, and where the returns go. If it is simply a question of capital, we can and should explore alternatives to the privately run VC system prioritizing tech that degrades and commodifies more of our life, gambles on these developments with other people’s money, and in the blink of an eye causes regular panics that threaten to upend life for countless people. If it is a question of talent, we can and should recognize that these people are not any smarter or more talented than us—they just have more capital to throw at problems, better connections to ensure things work out their way, and less shame preventing them from pursuing what they want. If it is a question of politics, then we should ask whether a system that subsidizes a bunch of well-connected, wealthy libertarians as they enrich one another with lottery tickets is truly the only way we can and should develop technology. I hope not.”
Posted on 2023-03-13T21:56:48+0000
Influencer Parents and The Kids Who Had Their Childhood Made Into Content
“Nothing they do now is going to take back the years of work I had to put in.”
Hasnain says:
I feel so bad for this kid.
“Claire, whose name has been changed to protect her privacy, has never known a life that doesn’t include a camera being pointed in her direction. The first time she went viral, she was a toddler. When the family’s channel started to rake in the views, Claire says both her parents left their jobs because the revenue from the YouTube channel was enough to support the family and to land them a nicer house and new car. “That’s not fair that I have to support everyone,” she said. “I try not to be resentful but I kind of [am].” Once, she told her dad she didn’t want to do YouTube videos anymore and he told her they would have to move out of their house and her parents would have to go back to work, leaving no money for “nice things.”
When the family is together, the YouTube channel is what they talk about. Claire says her father has told her he may be her father, but he’s also her boss. “It’s a lot of pressure,” she said. When Claire turns 18 and can move out on her own, she’s considering going no-contact with her parents. Once she doesn’t live with them anymore, she plans to speak out publicly about being the star of a YouTube channel. She’ll even use her real name. Claire wants people to know how her childhood was overshadowed by social media stardom that she didn’t choose. And she wants her parents to know: “nothing they do now is going to take back the years of work I had to put in.””
Posted on 2023-03-11T03:10:09+0000
Startup Bank Had a Startup Bank Run
One problem for Silicon Valley Bank is that its customers had too much cash, and now they don’t.
Hasnain says:
Matt Levine with a great take on the SVB situation as usual.
“Also, I am sorry to be rude, but there is another reason that it is maybe not great to be the Bank of Startups, which is that nobody on Earth is more of a herd animal than Silicon Valley venture capitalists. What you want, as a bank, is a certain amount of diversity among your depositors. If some depositors get spooked and take their money out, and other depositors evaluate your balance sheet and decide things are fine and keep their money in, and lots more depositors keep their money in because they simply don’t pay attention to banking news, then you have a shot at muddling through your problems.
But if all of your depositors are startups with the same handful of venture capitalists on their boards, and all those venture capitalists are competing with each other to Add Value and Be Influencers and Do The Current Thing by calling all their portfolio companies to say “hey, did you hear, everyone’s taking money out of Silicon Valley Bank, you should too,” then all of your depositors will take their money out at the same time.”
Posted on 2023-03-11T02:16:35+0000
FDIC Creates a Deposit Insurance National Bank of Santa Clara to Protect Insured Depositors of Silicon Valley Bank, Santa Clara, California
FDIC Creates a Deposit Insurance National Bank of Santa Clara to Protect Insured Depositors of Silicon Valley Bank, Santa Clara, California
Hasnain says:
Yikes. So long, SVB. This is going to hurt a bunch of companies
“As of December 31, 2022, Silicon Valley Bank had approximately $209.0 billion in total assets and about $175.4 billion in total deposits. At the time of closing, the amount of deposits in excess of the insurance limits was undetermined. The amount of uninsured deposits will be determined once the FDIC obtains additional information from the bank and customers.
Customers with accounts in excess of $250,000 should contact the FDIC toll-free at 1-866-799-0959.”
Posted on 2023-03-10T17:12:56+0000
Inside the secret working group that helped push anti-trans laws across the country
Leaked emails give a glimpse of the religious-right networks behind transgender healthcare bans.
Hasnain says:
Wonder what other horrifying stories will come out as people go through the 2600 pages of emails.
““I have no doubt this will be an uphill battle when we get to session,” Deutsch warned the group. “As always, please do not share this with the media. The longer we can fly under the radar the better.”
The message was one in a trove of emails obtained by Mother Jones between Deutsch and representatives of a network of activists and organizations at the forefront of the anti-trans movement. They show the degree to which these activists shaped Deutsch’s repressive legislation, a version of which was signed into law in February, and the tactics, alliances, and goals of a movement that has sought to foist their agenda on a national scale. “
Posted on 2023-03-09T01:28:13+0000
Essay | Why Children Need Nurturing Fathers
Research shows that a strong paternal connection helps young people to manage their emotions and deal with mental-health crises.
Hasnain says:
“Boys can be especially affected by whether fathers are part of the emotional equation. Our culture often tells men that softer emotions are weak, so fathers may have to give sons explicit “permission to feel,” says Marc Brackett, director of the Yale Center for Emotional Intelligence. Because many men didn’t grow up with an emotionally warm male role model, they may lack confidence in their own abilities to be sensitive caregivers, which can hold them back. “When women take on the role of being the sole emotional caregivers, the only one who can comfort a child, the one who talks about emotions, it further entrenches the idea that the expression of vulnerable feelings belongs in the domain of women,” says Lisa Damour, author of “The Emotional Lives of Teenagers: Raising Connected, Capable, and Compassionate Adolescents.” She adds, “It’s not enough to encourage our sons to share their inner worlds. The men they look up to and respect need to show them how it’s done.””
Posted on 2023-03-08T18:10:45+0000
Final Fantasy XVI has a medieval approach to diversity
Giant rideable chickens: yes. People of color: no.
Hasnain says:
“It’s easy to see where Yoshida’s sentiments in his IGN interview fall apart. I could trot out the standard response that gets used whenever a work of fantasy fails to include people of color in the name of “historical accuracy,” aka “blah blah blah, it doesn’t make sense that chocobos, Eikons, and magic are permitted but people of color is a step too far.””
Posted on 2023-03-01T23:43:29+0000