Group chats were popping off like it was holiday weekend and absolutely pandemonium reigned on every newsfeed. Major newspapers were maintaining timelines updated tweet by tweet. These are the WSJ and the New York Times late afternoon mountain time.
Today will take time to dissect and I’m sure the Wikipedia page for Thursday June 5th 2025 will be chaotic. So much ridiculous fighting and there was nothing anyone could do to stop it. It was an ugly spat and a public display of contempt for the millions of Americans who just want our government to function.
But holy shit is it funny to see grown men lose their absolute minds publicly when the stakes are literally our government and the most important currency in the world. Honestly I’m so disappointed I can’t even take comfort in being at the very edge of the empire.
I am sympathetic utopian communities of all flavors. I myself have many dystopian worries because I’d prefer those utopias. I believe we are capable of more when we work together. America is a strange coalition even when we strain at the boundaries of pluralism.
It feels so hard to do this right now as we come up against our alienation from each other. Everybody is in pitched battles for control of the narrative of our future while so many of us battle individual nightmares in the here and now. We can do so much better in reaching for a future for each other but it’s all politics up and down.
The podcasting tech right are three years late to the effective altruists versus effective accelerationist meme wars (EA vs e/acc) as we we are subject to yet another round of Anthropic fear mongering over its potential power as a developer of artificial intelligence. Screaming its the end of white collar jobs tends to rattle.
If I had 3 billion in revenue, the horniest model on the planet and some weird Benthamite fetish I’d probably say less catastrophic shit personally but Anthropic is battling the eye of Sauron SaaS brotherhood of OpenAI’s aggressive financialization needs.
Meanwhile even the most determined of religious nationalist Rod Dreher is experimenting with transhumanism. Or he let an artificial intelligence write an essay in his style responding to the New York Times. Or that is how much he respects David Brooks. The professional pundit class might be listening to the doomers but they experimenting with optimism.
This is a funny way of getting into the New York Times having a panic attack as an institution as its way through various forms of nationalist and revanchist thought.
I myself am not very sympathetic to many veins of nationalist thought I was intimidated to be seated on a panel with Deneen this spring as he is a formidable scholar. Speaking on the aims of technology he is much more of the academy and the Citadel than I am.
I feel I have an obligation to engage with all types of political thought as technologists have found themselves with power in America on where. We have to consider how we build and to what benefit. I feel in some way that technologists (especially the optimists) are a political constituency but also a worldview and we coexist among others.
The diverse array of opinions and different constituencies in America are battling over what constitutes the good. America is the land of some degree of diversity and we cannot only serve a narrow band of interests. I am often afraid of the other parties in that debate because I do understand that it is power at stake but I engage because we all have the power to do so. Even if it seems ridiculous sometimes.
To quickly summarize, there has been a joke amongst the financial set about TACO trades.
The “TACO” trade, which is short for Trump Always Chickens Out. The tongue-in-cheek term, coined by a Financial Times columnist, has been adopted by some to describe the pattern in which markets tumble after Mr. Trump makes tariff threats, only to rebound just as sharply when he relents and gives countries more time to negotiate deals.
It’s been a reliable dynamic of the spring that high tariffs or “negotiating tactics” are introduced and the market drops and then we get a reprieve when the White House reacts and the cycle continues. Robert Armstrong noted the trade maybe a month ago but it’s been ongoing since Liberation Day in April. I don’t know why you’d ask Trump about this as of this as of course he’s going to react poorly but maybe some shorts decided to wag the dog.
“Don’t ever say what you said,” Trump told the reporter, calling it “the nastiest question.”
I have a bit of a monkeys paw relationship to this entire administration. I am in favor of significant reforms to the federal government and I am an avowed skeptic of central banking’s role in a complex and chaotic economy.
But I’m also a business woman. We can do all the TACO trades we like, but that’s not building anything and no one can do meaningful investing even medium term investment this climate.
As much as I appreciate criticisms of corporate power they are the only constituency who is fighting back on this. Like it or not, they represents the interests of shareholders and workers and this is wreaking havoc on everyone from Shopify storefronts to Procter & Gamble.
I’m not opposed to changing things and seeing what happens but the roller coaster makes it much less appealing to do business.
In other news, I am still waiting on an import nod a hyperbaric chamber so I’ve get some personal skin on this game.
It can be really hard to know if you are doing the right thing on any given issue. American politics is fraught. Technology is changing faster than our culture is able to metabolize it.
And we have to make choices without false the security of safetyism. We are building the infrastructure of a future that isn’t yet entirely clear.
My husband and I had a moment last night where we lamented that if was hard to know if we were doing any good. We try to be considered and support policies that enable us to live amicably even if we don’t share the same beliefs. Especially then!
Libertarians catch a lot of flack but in a pluralistic democracy it’s best what we’ve got. Watching the battles for who can debase themselves most with populism is a great advertisement for small government.
But in any large system it’s hubris to think any one thing can set us right or wrong. We are the accumulation of our decisions and America has made a few bad ones. But if you can contribute in anyway you might be the extra nudge that pushes the system in a better equilibrium. Civilization is made of decades and not days.
I read some Charles Dickens today. No this isn’t a Great Expectations joke. Rather, I read the first seven paragraphs of his 900 page novel Bleak House.
[They were asked to] read the first seven paragraphs of Charles Dickens’ Bleak House out loud to a facilitator and then translate each sentence into plain English
If you are a knowledge professional you better hope you are a four but social media comments suggest most of us are not.
This methodology doesn’t even try articulate level 5. And as someone who occasionally sees what a real 1% outlier looks like I don’t disagree. Our best are in a league of their own.
So obviously as American funded “college for all” it was clear not all college attendees would on the right side of average. And as it turns out, the English majors at highly subsidized state universities (mostly white girls incidentally) had a lot of trouble understanding Dickens’s British family court tragedy.
I also don’t want to read that many pages of fog metaphors, and I have an entire tag dedicated to forced metaphors.
I took the test (speaking my answer into my phone) and it was harder than you think to simplify but I had the vocabulary.
Like those other white girls I am unlikely to be in the 1% of literacy when it comes 19th century British literature. Surely in my own skill stack (and it’s overlapping areas of expertise) I can approach 2SD on things. I suspect this blog and my general internet presence suggests I can do Level 4 reading. We think around what we can.
That seems adequate given I contribute what I like and communicate what is enjoyable on my own spaces. Here I am plodding along contributing sixteen hundred days of writing to the public discourse which is its own proof of literacy. It’s several novels worth of training data for our artificial intelligences.
I think about how much I do or don’t want to contribute to the maw of publicly indexed Internet because I believe we get better if we all contribute to this public good.
Our future is a shared coordination problem requiring we can comprehend and contribute to our commons. Maybe I understand enough Dickens to get by. He maybe has a dimmer view of legalistic thinking than I do. But I’m sure he’d see plenty of wretches in our times too.
I am a pretty informal person. I don’t hold any institutional authority. The interests I represent are my own. I speak for myself.
Obviously I care a great deal about my family and my friends and want to reflect well on them but I can only speak for myself. This is a given in an age where big institutions often find themselves frustrating the interests of normal people. And people take a stand.
So when I find myself haggling with medical insurance or trying to wrap my head around a set of requests from someone claiming to be a representative of a large power, I think back to a viral tweet by Patrick McKenzie (@patio11), about the efficacy of the dangerous professional voice.
The “Dangerous Professional Voice” is less about aggression and more about clarity, formality, and signaling that you understand the system and expect to be taken serious.
What are my options?’”
McKenzie suggests this phrase, calmly and professionally delivered, often prompts the other party to reveal escalation paths or alternatives that might not otherwise be offered.
The voice suggests it solving it is a given. Getting down to business and showing you mean business. Even if you are an informal person sometimes you may want to use this dangerous professional voice as you go about your day. Share if it works. Patrick says he enjoys hearing about use in the wild.
I wasn’t allowed to watch much media as a kid but some exceptions were made. Frank Capra’s oeuvre was one of those exceptions. Mr Smith Goes to Washington was a classic of civic duty. And now as a Montana citizen it has special meaning to me.
Screen grabs from the C-Span livestream on YouTube
When he was first invited to testify we weren’t quite sure if it would happen. Behind the scenes there is a lot of wrangling, preparation and negotiations from congressional staffers on both sides of the aisle.
Even then you can still be surprised at the last minute! What was meant to be a bipartisan subcommittee discussing digital assets became most Republicans and maybe officially a roundtable I think? Robert’s Rules nerds will know.
The minority chairwoman walked out with no warning though the rumors circulated late last night that she would protest President Trump’s crypto businesses by walking out. Which is a dick move when many regular developers and businesses are looking for clear regulatory guidance from our legislative bodies.
The poor decorum on the part of Congressional representative Maxine Waters (D-CA) sent the session for a loop as she left at the outset. It would have been more dramatic had it not also come across as a confused elderly woman being pushed around her staffers.
Nice suit though on Ms Waters
The session quickly moved on to its actual business at hand because as mentioned the future of digital financial innovation is bigger than any one man’s business dealings even if he’s the President.
The future is made by those who show up and departure of some of the Democrats from the hearing did not stop the future from arriving nor the expert panel from testifying. Including the witnesses the minority party called. Yeahhhhh they didn’t get to walk out like Ms Waters.
It’s easy to make fun of our representatives for grandstanding, politicking, and general chicanery but it’s a serious deliberative body that makes the rules of the road for all Americans.
I got the sense that in this unprecedented moment for the American economy that everyone who stayed took that role very seriously. To which I say thank goodness!
We have no clear rules of the road in digital assets and cryptocurrency and the Securities and Exchange Commission has not helped.
With no regulations passed and the constant threat of investigations and court cases from the Securities and Exchange commission it’s been nigh impossible for American companies to plan and many digital asset firms have moved abroad.
It’s hurting American businesses as new digital companies move overseas. The Chairman asked “does the lack of clarity hurt consumers, builders and companies?” Every single witness said absolutely.
We need clear rules of the road and regulatory clarity. And we need to be sure as citizens we don’t let our rights be trampled upon in the process. Americans deserve the future of digital innovation being built here and built with our freedom in mind.
There’s a reason that the amendments that protect our core rights use words like “shall not abridge”, “infringe”, or “be violated” in their language as there’s a whole lot that government can do to restrict or functionally take away our rights without “prohibiting” them.
As I myself have worked to successfully passed right to compute work here in Montana I was beaming with pride as Alex fought for that future in Washington today Mr Miller is our gentleman from Montanan. He’s got a little less hair than Jimmy Stewart but he’s fighting for us all.
I remember the weeks before Covid-19 lockdowns hit vividly. My father went on international cruise, my husband was traveling domestically right up to the last week, and I got yelled at on the internet for discussing buying masks, toilet paper, and disinfectant.
My father got stuck in a Latin American port as borders closed, Alex made it back with mere days to spare before New York locked down and I had a well stocked pantry & dry goods cabinet. I was a prepper long before it became the default of normie Americans after Hurricane Sandy.
So naturally I’m trying to get ahead of the impacts of the tariff war as the last container loadsof goods ordered before “Liberation Day” are sold through by American retailers.
Items Most Likely to Experience Shortages if the Drop in Container Cargo from China Persists If the current sharp decline in container cargo from China to the United States continues, Americans are likely to see shortages-and significant price increases-across several key product categories. This is due to a combination of record-high tariffs (up to 145%) and a dramatic reduction in shipping volumes, with estimates suggesting a 60% to 80% drop in imports from China
Clothing basics, footwear, and cosmetics are at at the top of the list of potential shortage areas so I stocked up on underwear, socks, Aquaphor and hit “order” on the two pairs of athletic shoes I’ve had languishing my cart for months.
Amazon must be having a great couple of weeks.
I also decided to treat myself to a few Landmark classics including Julius Caesar and Alexander’s Campaigns. If the empire is falling I may as well revisit some of my schooling.
Plus I just returned from a run through Alexander’s empire so perhaps this is a moment to ground myself on the rise and fall of empires. I never did much care for Rome though but I didn’t expect to be born in a late republic.
I don’t know how this particular supply shock will play out and I feel lucky to be able to spend on thing’s frivolous and essential. Dry feet and military history are as good as any a thing to have on hand. I imagine we will have more serious inventory to do but it’s better to take the first steps.
“We have never had a complete collapse of the system,” Sánchez said, before detailing that at 12:33 p.m. on Monday Spain’s power grid lost 15 gigawatts, the equivalent of 60% of its national demand, in a matter of five seconds. Via AP Newswire
As was lucky enough to finally meet Lynne Kiesling in person at Renegade Futurisms last week energy grid security and market coordination was top of my mind as I learned of the disaster in Spain
She points out that oscillations are an issue in all power systems which means it will take some analysis to tease apart the combination of atmospheric conditions, system inertia and other factors which caused so much demand to drop off at such speed.
If you are interested in a perspective of a white hat hacker of power grids on the problem of synchronization this thread is worth a read.
A drop caused automatic failsafes to kick in and disconnect things. It takes so long to restart after these failsafe crashes because we haven’t engineered it to be easy to restart the grid aka a “black start” as power plants require power from the grid to operate themselves.
But it’s alas not really much of a question that grids need reworking for managing our energy mix. I found this tweet to be both humorous and helpful in understanding why.
Me: What if the renewables underperform more than modeled, and spare capacity can’t keep up?
Cascading blackouts may be the better outcome. What Spain experienced today was what happens after the fail safe of cascading blackouts occur.
Javier Blas has an excellent opinion piece in Bloomberg about the need for electricity realism as our future demands we overcome the culture wars of the last decades of energy transition.
It’s clear electricity security issues are on the rise. On March 20th Heathrow Airport was shutdown after a single transformer at an old substation caught fire. That looks minor in comparison to an entire country going dark. Imagine what could happen as we head into summer and experience the grid pressure of a hot summer day.
I am saddened by the protective conservative ethos of some of our cathedral elites. I was filled with pride to hear multiple distinguished professor discuss their love of Boulder as emblematic of the kind often town we should all aspire to live in.
Boulder is a truly special town. Alas I have to question why it is that scholars with security and prestige can afford my hometown but their children’s generation couldn’t.
I am deeply saddened by the rising costs of my childhood town. We come back during the pandemic. When starting out my life twenty years ago I left my home as expenses rose.
My family didn’t own property. Regular people moved to other towns. Those who bought early fight to keep things. As they are. So only the wealthy, often conservative socially or economically, but generally institutionally secure elders own the town and no one else.
These preservation minded wealthy, either virtuous liberals or cultural conservatives want to preserve the values that created Boulder. The irony is not lost on me that the futurism of going back benefits the past entirely at the expense of the future.
But what moral or political good could there be in your perfect town and perfect conservation of certain mores if the children moved away.
You live in a garden made by weirdos and hippies and shined it into an expense that their own young cannot participate in it. Hippies and engineers produced a counter culture and turned it into a luxury good they did not uniformly pass down.
Boulder became a luxury good. I grant I could have a small piece of that. But would we flourish? Our elder elites keep their houses and smugly advocate against change to house even their own children. This change that necessary for the future their children will live in. We must be able to build for it.
I miss Boulder but I don’t miss this smug elitism of virtue. We chose to have a life where we could have a house and land and space for our lives and a regulatory climate where we could build the technology that will shape our future. I am sad it wasn’t going to be Boulder. We’ve lost Boulder to the security of the past and it’s expensive maintenance.
Bozeman is now the Boulder of the 90s. And I want to build up its future through the efforts of its industrious citizens and their ambition for building a future.
A forward thinking and growth focused governor introduced a future of building things with tools and technology and owning those benefits together. That the vision I want for Colorado and for Boulder.
Pairing his vision with two aesthetically conservative growth skeptical perspectives helps us realize the large gaps in values. And so I despair for the fact that I can never go home. So I must fight for my future. Which is I suppose what Renegade Futurism is all about.
