Category Archives: rants

My Thoughts On Facebook And #DeleteFacebook

Here is how to delete Facebook | TechCrunch

There are certain people, groups, and companies that are difficult to defends. It’s not impossible, as is the case with tobacco companies, criminal organizations, and whoever designs unskippable video ads. It’s just difficult and I’m certainly not qualified to carry out such with any real expertise.

I’m just not that smart or informed.

I make that disclaimer because I’m about to defend a company that doesn’t have a stellar reputation, to say the least. If anything, their name and its famous founder have gained such a negative connotation that they’re just a few steps away from being a tobacco company. Given how one actually sells products that gives people cancer, that’s saying something.

That company is Facebook. I know that just typing that word out for people to read is going to garner a reaction and not in a good way.

I get that. I really do. I’m very much aware of some of the many scandals and shady dealings that Facebook has engaged in since its inception. I’m also aware of the objectively negative impacts that Facebook has had on certain people. That’s not something I can defend, nor would I want to.

There are any number of bad things about Facebook and its impact that I can go over. However, there is one important aspect to those things that I would like to highlight. I don’t think it constitutes a defense of Facebook or its practices, but some may construe it as such. I’m still going to point it out, if only to add some perspective. It all comes down to this.

Facebook is still just a tool. At some point, all its damaging ills are on us, the users, and not the company.

I understand that’s an unpopular sentiment. It’s not that dissimilar from what gun advocates say about guns. Like any inanimate object, it’s not deadly or damaging until somebody willfully uses it. That’s certainly true to some extent. It’s just a matter of the extent that people disagree on.

However, Facebook is not akin to a firearm or some tool that can actually be used to cause tangible, physical harm to someone. It’s a website/software program. Using it requires people to go out of their way to access it. In addition, getting any meaningful use out of it requires active engagement. It’s not just something you can give to a kid and they would easily figure it out.

It can still be damaging, but in a very different way. Like it or not, some of those ways are ultimately our responsibility and not that of Facebook. I know it’s just a lot easier to criticize the company, its practices, and the conduct of its founder, Mark Zuckerburg. That doesn’t change the actual nature of the product.

Yes, there is objectively toxic content on Facebook that degrades, demeans, and deceives people.

However, that toxic content doesn’t come directly from Facebook. It comes from us.

I bring this up because I saw the hashtag, #DeleteFacebook, trending again. That seems to happen several times a year, often after a new scandal or in wake of an unpopular decision. It’s becoming so routine that it’s hard to take seriously.

On top of that, the hashtag rarely accomplishes anything. Despite all the scandals and negative press, the overall usership of Facebook is still growing. As of this writing, it has approximately 2.85 billion users. Criticism and hashtags aside, it hasn’t kept the company from growing. It hasn’t made Mark Zuckerberg any less rich and influential.

I know hashtags are notorious for presenting a false reality to those who seek it, but this particular hashtag has become more a virtue signal than an actual protest. More and more these days, the hashtag has become less about Facebook’s unscrupulous business practices and more about protesting Big Tech, as they’re called.

While there’s certainly a place for protesting the practices of large, powerful corporations, I feel like the substance of that effort gets lost in virtue signaling. People are more inclined to just whine about how bad Facebook is and say how much better their lives are after deleting it. It’s rare for anyone to actually highlight a substantive policy or practice that warrants protest. It’s all about people saying, “Look at me! I gave up Facebook, so I’m better than you!”

I know that’s a simplistic statement that doesn’t apply to everyone. I’m sure there are people whose lives did improve after deleting their Facebook account. At the same time, there are people whose lives are still enriched by Facebook.

Personally, I’ve met great people through Facebook. I’ve also been able to keep up with friends and family that I never would’ve been able to keep up with. I genuinely value those connections. They even prove critical when there’s a major family crisis that everyone is trying to keep up with. That happened several years back when my grandmother got sick. It happened more recently with helping my father connect with other relatives during the pandemic.

Facebook can be used for good. Like any tool, it can have a positive impact on its users. It’s just a matter of how it’s used.

There will always be people who seek to use any tool for something wrong, deviant, or nefarious. We don’t criticize ski masks the same way we criticize Facebook and for good reason. At the end of the day, it comes back to the individuals using it.

Again, that doesn’t excuse some of the shady things the company has done over the years. I’m not defending that. This extended rant is just me reminding people that some of the worst parts of Facebook only exist because of us, the users. At some point, we have to take responsibility for that. We can’t expect a multi-billion dollar software company to do it for us.

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Filed under Current Events, human nature, media issues, rants, technology

Why I’m Still Going To Wear A Mask (For Now)

Australia's about-face on masks and Covid-19: why our health advice was  late to the party | Health | The Guardian

The past few months have been full of objectively great news in terms of ending the COVID-19 pandemic. Given how, at this time last year, the entire world was shutting down and the news kept getting worse with each passing day, I welcome that news. Hell, I’m willing to celebrate it.

It’s now safe to say with a straight face that we’re almost through this once-in-a-century pandemic. The trend line, both in terms of new cases and deaths, is going down. It’s still terrible in some parts of the world, but unlike last year, we have multiple vaccines with which to fight it.

Again, this is a good thing. I got my vaccination and I cannot overstate the relief I felt when it was all said and done. I still take precautions when I go out in public, mostly because there are still some restrictions in place and I understand that not everyone has gotten their vaccine. That includes wearing a mask.

Then, last week, a big announcement from the Centers for Disease Control brought more good news to those who have been vaccinated. Apparently, if we get the vaccine, then there’s no reason to keep wearing a mask. Here’s the story from NPR.

NPR: Fully Vaccinated People Can Stop Wearing Masks Indoors And Outdoors, CDC Says

The Centers for Disease Control and Prevention says that fully vaccinated adults can safely resume activities indoors or outdoors without masks or distancing, in gatherings large or small. The announcement marks a major milestone in the effort to emerge from the coronavirus pandemic in the United States.

CDC Director Dr. Rochelle Walensky announced the new guidance Thursday.

“You can do things you stopped doing because of the pandemic,” Walensky said.

The new policy is based on recent real-world studies from Israel and the U.S. on people who’ve been vaccinated, she said.

Once again, I welcome this news. Like everyone else, I’m sick of having to wear a mask, just to go and get groceries. I also don’t like wearing a mask when I work out. That’s just one other piece of cloth that gets all sweaty and stinky. I’m as eager as everyone else to discard them.

However, despite this welcome news, I’ve already made a choice. I will continue wearing a mask in public, at least for now.

My reason for doing so has nothing to do with my trust in the science. I believe it’s legitimate. This is the Center for Disease Control. They’re not some wannabe guru trying to sell vitamins as a cure all. These brave men and women have been on the front lines since this crisis began. They’ve earned that credibility.

For that same reason, I choose to wear a mask because I understand that not everyone trusts the news and policies that public officials have given. That includes those who refuse to get the vaccine and refuse to wear masks. As a result, these people, who are a sizable chunk of the population, are still vulnerable. They’ll remain vulnerable until the infection rate is at a point where it’s easy to track, treat, and contain.

We’re not quite at that place yet. As of this writing, only about half the population has been vaccinated by at least one of the available vaccines. Just this past week, most clinics and pharmacies in my area started offering walk-in vaccinations without an appointment. That’s a great thing and people now have no excuse not to get one.

However, until that vaccination rate gets to a point where the virus can’t easily spread, I’m still wearing a mask. Even though the vaccine does prevent me from getting ill or showing symptoms, there’s still the possibility of breakthrough infections. While those vaccinated may never feel ill at all, they may still spread it and they could spread it to someone who is not vaccinated.

I do not want to be one of those people.

I do not want to be someone who spreads this terrible disease to someone, even if I never feel sick.

Yes, wearing a mask is uncomfortable and I look forward to discarding them.

No, I’m not willing to risk hurting other people for my own personal comfort.

That’s not just an informed choice. It’s the right thing to do and it’ll get us out of this crisis that much sooner.

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Filed under Current Events, health, rants

Why I Don’t Miss Blockbuster Video (For The Most Part)

Everyone has something they’re nostalgic for. There’s nothing wrong with that, for the most part. There are some people nostalgic for the kind of things that require massive social regression that would do immense harm to every marginalized minority you can think of. That kind of nostalgia isn’t healthy. It’s just for entitled assholes.

For me, personally, my nostalgia is pretty limited. I have a soft spot for old school Saturday morning cartoons. They made waking up early on the weekends fun. I’m also nostalgic for a time when the only people trying to cancel stuff were uptight conservative Christians who opposed anything fun, new, or sexy

It almost seems quaint now. I think many of us still long for the days when everything didn’t have a political agenda or bias. It’s getting to a point where it’s hard to remember a time when politics wasn’t so damn tribal. I miss those days too.

However, I don’t want to focus too much on the things I miss. Instead, I want to highlight something that I honestly don’t miss for the most part, but it’s something a lot of people have fond memories over.

That something is Blockbuster video.

Now, most people over the age of 30 remember Blockbuster video. I certainly remember it. In fact, it was once a regular ritual for my dad to take us all to Blockbuster on Friday evening to rent a movie. At one point, I lived within walking distance of a Blockbuster. Those were good times.

Those times eventually came to an end. Blockbuster’s rise and fall from its position as an institution of the movie business is relatively well-documented. It’s also well-known that there was a point where Blockbuster could’ve bought Netflix for just $50 million, but chose not to.

That choice has since gone down in infamy as one of the dumbest decisions in the history of business. To understand just how dumb it was, Netflix as of this writing is worth over $30 billion. Take a moment to appreciate just how much history changed with that fateful choice.

At the same time, there are people out there still nostalgic for Blockbuster. Recently, there was even a mini-documentary on the last Blockbuster video in operation in Bend, Oregon. Fittingly enough, that documentary is on Netflix.

Having watched that documentary recently, I found myself thinking back to those times I mentioned earlier. I also thought about how the stories that people in the documentary told about going to Blockbuster or video stores, in general. They remembered it so fondly. When they visited the last Blockbuster, they looked downright enamored.

I can’t say I blame them. It probably took them back to a time in their lives that they remember fondly. I can certainly appreciate that.

At the same time, I can’t avoid one simple fact.

I really don’t miss Blockbuster that much.

That’s not to denigrate the people who do or the experiences I had in my youth. When I look back on Blockbuster in its totality, both in terms of the good times and the not-so-good times, I just don’t miss it. As a hub for movies, it had its place at a certain point in time. That time has long past and I’d rather not go back.

As much as I enjoyed browsing movie racks and chatting it up with the people who worked at Blockbuster, I can’t overlook the shortcomings. There were plenty of times in which I really wanted to see a particular movie, but there were just no copies available. That happened constantly with certain shows I followed closely. It got to a point where I just stopped trying.

Then, there were the late fees.

I promise that nobody misses the late fees.

I recall more than one occasion where my parents scolded me and my siblings for not returning a movie on time. Even without inflation, those fees really added up. They were a constant point of frustration and I really don’t miss having to deal with them.

There were still parts of the Blockbuster experience that I enjoyed. The stores themselves were great to be in. My brother and I spent a lot of time losing ourselves in that store. While it was nice to just come across some obscure movie or game every now and then, I feel like that was the exception rather than the norm.

Since I got Netflix, I find it a lot easier to come across some obscure movie I’ve never seen or heard of. Last Halloween, I spent an entire afternoon just browsing the Horror section of Netflix and found several movies that I probably couldn’t have found in a Blockbuster. It was a great experience.

I don’t deny that Netflix is a lot more impersonal. There’s none of that social aspect you get by visiting a Blockbuster store. That certainly had its moments, but I feel like other social spaces have more than compensated, at least for me.

I’ll always have a soft spot for Blockbuster for making Friday nights more fun with my family. I’ll always remember that distinct smell of buttered popcorn that every Blockbuster seemed to have. Beyond that, though, I’m not all that nostalgic for it. Blockbuster had a good run. It just didn’t adapt to changing times. That being said, just imagine how different the world would be if they had bought Netflix.

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Filed under Current Events, movies, rants, real stories, technology, television

A Message To Those Who Whine About The “Mainstream Media”

There are certain institutions and organization no one wants to defend. Usually, there’s a good reason for that. Who would ever want to stand on the side of the IRS, insurance companies, or oil companies? I don’t deny some will make the effort, but it’s often born of questionable motivations.

Now, I’m not out to defend any of those organizations or the people they pay to protect them. In fact, I’m going to try very hard to not take a side here. That may not be possible because in this case, I’m going to try and be balanced on an institution that has only become more imbalanced over the years.

I’m referring to “the mainstream media.” Yes, I put that term in quotes. There’s a good reason for that.

I’m also aware that people talk about “the mainstream media” the same way they talk about hemorrhoids, traffic jams, and malignant tumors. You’re unlikely to find anyone who will come to their defense. It’s why trust in “the mainstream media” is at an all-time low.

However, is that entirely the media’s fault?

Don’t get me wrong. The modern media is a mess and definitely needs a top-down overhaul, but I’m not smart enough to discuss that at any great length. Instead, I want to focus on those who constantly whine about “the mainstream media.”

You hear it from liberals who claim right-wing news sources peddle disinformation and outright propaganda.

You hear it from conservatives who claim left-leaning news sources basically treats anyone to the right of Jimmy Carter a fascist.

You basically hear it from everyone from every side of the political spectrum. Either “the mainstream media” is actively undermining democracy or they’re an unofficial arm of an oppressive government. There’s no middle-ground or nuance. No matter your politics, you’ll find an excuse to hate them.

I’m sorry, but I have to call bullshit.

Again, this is not me coming the defense of mainstream media. This is just me saying there’s legitimate criticism of modern media institutions and then there’s just bullshit whining. The latter has grossly overwhelmed the former as of late.

I see it in comments section and social media. It takes many forms, but it often boils down to this.

“The mainstream media is covering up the truth!”

“The mainstream media is spreading lies!”

“The mainstream media is attacking [insert favorite politician/pundit/celebrity]!”

“The mainstream media is destroying the country I love!”

Trust me, it gets more hyperbolic and vulgar. In some cases, real people faced outright death threats because of peoples’ hatred for “the mainstream media.” Even after the death of Rush Limbaugh, the hate isn’t subsiding. It’s only going to get worse.

That’s because it’s easier than ever to basically customize your news feed. If you want to only hear news from a right-wing bias, you can do that. If you only want to hear news from a left-wing bias, you can do that too. If you just want news that’s uplifting, there’s even a source for that too.

It’s not entirely a result of the internet. This has been happening since the rise of talk radio. People learned that you could garner a large, loyal audience by telling them the news and opinions that they want to hear. They won’t care how factually accurate it is. They just want to hear what makes them feel good.

That’s not inherently wrong. We’re human. We have our biases. There’s no way around it.

The problem is that, because people are having their biases satiated, they’re becoming more antagonistic towards anything that doesn’t do exactly that. That means any news that isn’t their preferred news is “the mainstream media” and “the mainstream media” is always bad.

I wish I could write that with more sarcasm, but this is a serious issue and one with deeply distressing implications.

This is part of why it’s becoming increasingly harder to convince people that a certain news story has been debunked or discredited. It’s also why people will cling to certain issues, citing only uncredible and bias sources, long after they’ve faded from the headlines.

You cannot reason with someone who clings to an unreasonable source of information. You also cannot have a civil discussion with someone who sees anything that doesn’t agree with them as wrong, evil, or a conspiracy by shape-shifting lizard people. I swear that last one is an actual conspiracy theory. I wish I was joking.

For this reason, I’ve had many unpleasant conversations with people who are otherwise decent human beings.

For that same reason, I’d like to send those people, as well as those who side with me on most arguments, a simple message.

The mainstream media is not out to get you.

The mainstream media is not out to destroy your way of life.

The mainstream media is not some evil organization run by a cabal of supervillains.

In essence, whining about “the mainstream media” has just become code for whining about certain people or organizations that don’t agree with you politically or ideologically. It’s a knee-jerk reaction that gives people an excuse to dismiss every point they make, even if it’s right, accurate, and completely credible.

It’s pathetic that people are that insecure about their politics, but it’s also dangerous. The events of January 6th at the Capitol is proof of that. I’m not saying we should all start trusting the media at every level. I’m just saying that there’s a better, more balanced way to get a clearer view of our world. You’re just not going to get that view if you only ever listen to Infowars.

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Filed under Current Events, media issues, political correctness, politics, psychology, rants

Tales From The Comments Section: When Hypocrisy, Lying, And Trolling Converge

Even the most luxurious palace has a septic system that contains its foulest shit. It’s not just a fact of life. It might as well be a law of physics. In the same way the brightest light still casts a shadow, there’s always a dark underbelly to any world we explore.

The internet is no exception. If anything, the internet has more dark underbellies than most and I’m not just referring to porn sites or nefarious Google searches. Those are all plenty disturbing, but if the internet has an overflowing septic tank, it’s the collective comments section of many sites.

They’re not just the comments section to certain news sites.

They’re not just anonymous image boards like 4chan that pride themselves on excess shit-posting.

Even the comments section of mainstream websites like YouTube, Facebook, and Reddit have comments sections that will give your faith in humanity a hefty gut punch. They come in many forms, but they tend to follow the same patterns.

They’re degrading, insulting, whiny, vulgar, immature, and just plain wrong on multiple levels. I’m not calling for them to be censored or banned, outside the kind of comments that incite violence in the real world. I’m just pointing out that this is the ugly side of the internet and we can’t deny its stench.

I say that as someone who has spent many hours, much of them wasted, in comments sections and message boards over the years. Even during the early days of the internet, complete with dial up and AOL keyword searches, I’ve seen this ugliness firsthand. I also don’t deny that there are times when I’ve contributed to it. That’s something I genuinely regret.

While all toxic comments are different, they often employ similar rhetoric. It really hasn’t changed much from the AOL days. Just the other day, I made the mistake of browsing the comments of a YouTube video. I saw the same whiny, angry ranting that I saw on old message boards in 1999.

The topics may change. The verbiage may differ. Even the arguments made, if there are any, tend to be fairly similar. I could single out plenty of ugly comments I’ve encountered. However, I want to highlight one that I’ve seen a lot more of lately, especially among fans of superhero comics, Star Wars, and Star Trek.

They usually go like this.

“Everybody hates [insert character, show, actor/actress, etc.]!”

“Nobody likes [insert character, show, actor/actress, etc.]!”

It’s a sweeping, generalized statement. It’s usually said out of a mix of hate, resentment, and tribalism. Ironically, it’s often Star Wars fans who say stuff like this when talking about characters like Rey. It’s ironic because Obi-Wan Kanobi himself once said, “only a Sith deals in absolutes.”

It doesn’t help that these kinds of absolutes are total bullshit encased in wishful thinking that’s built entirely around head-canon. Certain fans want to believe that everyone agrees with them and those who don’t aren’t “true” fans.

No true Star Wars fan can like Rey.

No true Marvel fan can like Captain Marvel.

No true Star Trek fan can like “Star Trek Discovery.”

It’s basically the old “no true Scotsman” fallacy, but this one is laced with a mix of lies and hypocrisy. That’s because it’s demonstrably provable that these kinds of sweeping statements are wrong.

Not everyone hates Rey, Captain Marvel, or whoever else is the object of resentment at the moment. For one, Captain Marvel’s movie raked in $1 billion at the box office. Clearly, more than a few people liked her.

The same can be said for Rey. You can go onto Amazon and readily find merchandise featuring her. She may not be on the same level as Luke Skywalker, but that’s not a reasonable bar for a character who has only recently entered the franchise.

I can also attest that Rey has plenty of fans. It’s not just that I’m one of them. I’ve been to comic book conventions. I’ve seen women, young girls, and even a few men dress up as Rey. I’ve seen even more dress up as Captain Marvel. She clearly has plenty of fans.

That makes the whole idea that “nobody likes this character” or “everyone hates this character” demonstrably false. Those who say it aren’t just lying trolls. They’re hypocrites.

Now, I’ve made the mistake of arguing with these people before. I can safely conclude that it’s not a productive use of my time. These people will never be dissuaded. They still want to live in their head-canon where everyone hates exactly who they hate and anyone who thinks otherwise is just part of an evil conspiracy out to get them.

It’s a dangerous, toxic mentality that extends beyond fandoms and into politics. We saw just how bad it could get on January 6th during the Capitol riots. I’m not saying angry Star Wars fans are that bad, but the mentality is the same and it’s just as dangerous.

Again, I freely admit I’ve posted my share of dumb comments. I’ve said dumb things before, as well. Everyone has. We’re only human. We’re not perfect and never will be. I believe in free speech strongly and I understand that this is a byproduct of that. I’m willing to accept that.

I’m also willing to use that same freedom to point out the idiocy and hypocrisy of those kinds of comments. They’re not just a useless waste of bandwidth. They’re a symptom of a much larger problem. For now, the best thing to do is ignore these people and let them live in their fanciful head-canon. It may not fix the problem, but it’ll keep it from getting worse.

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Filed under Current Events, psychology, rants, Star Wars, superhero comics, superhero movies, television

A Note To Investors/Enthusiasts Of Dogecoin

We live in a strange time. I know you could say that about almost any point in history, but let’s face it. The past year has been more eventful than most. The past few months have been even more eventful if you’re an investor or follow economic news. We recently learned that a multi-billion dollar hedge fund is no match for a bunch of shit-posters on Reddit.

I’m not gonna lie. That story still puts a smile on my face. Last year sucked, but when a bunch of shit-posters on Reddit tank a predatory hedge fund, the world is an objectively better place.

As much fun as that is, there are some other stories related to investing that are worth noting. On top of the craziness caused by r/WallStreetBets, it has been just as chaotic for investors of cryptocurrencies. When the financial world is in chaos, cryptocurrencies that thumb their nose at old economic institutions tend to thrive.

Now, full disclosure, I do own Bitcoins. That’s the only cryptocurrency I own and I don’t own much. I’m not a bold investor. I buy index funds and ETFs. I would not fit in on r/WallStreetBets, nor would I be a good evangelist for Bitcoin.

For that same reason, I’d like to send a special note to those currently caught up in the Dogecoin craze. If you don’t know what Dogecoin is, then that’s understandable. It is a cryptocurrency like Bitcoin, but it’s unique in a few very particular ways.

Most notably, Dogecoin is often treated as a joke. That’s because it started off as one.

That’s not my opinion. That’s literally part of its origin. Its creators, Billy Markus and Jackson Palmer, were legitimately surprised when people started using it. I guess they didn’t get the joke.

That doesn’t mean Dogecoin has absolutely nothing going for it. It is a functioning cryptocurrency that uses some of the same technology as Bitcoin. Its most notable difference is that, unlike Bitcoin, there’s no limit to how many Dogecoins can be mined. Whereas Bitcoin can only ever have 21 million, Dogecoins can be mined indefinitely.

It may seem like a small difference, but that difference matters if you understand the basics of scarcity in economics. Most people understand it on some levels. If you can make an infinite amount of something, then it’s not going to have much value. If something is incredibly finite and difficult to obtain, like gold or Bitcoins, it’s going to have more value.

It’s that concept that I’d like to convey to those cheering on Dogecoin. Thanks to the recent upheavals from r/WallStreetBets, Dogecoin has been surging more than most currencies and even people like Elon Musk are cheering it on.

That’s not unusual. Sometimes, certain assets get propped up for a brief period. That has happened a lot with cryptocurrencies over the past decade. However, with Dogecoin, it’s a lot more style than substance.

Whereas Bitcoin gains value as it becomes more accepted in various sectors of the economy, Dogecoin gains value because people are just cheering it on. One has long-term sustainability. The other ends as soon as people get bored or find something else to cheer on.

Today, it’s Dogecoin.

Tomorrow, it could be JackCoin, a cryptocurrency made exclusively for people named Jack.

Is that the dumbest idea in the history of finance? I don’t know, but entire economies have gone bust for dumb things before.

Again, I’m not an investment expert. I’m not giving investment advice to anyone. However, to those thinking about getting in on the Dogecoin craze, I offer one important message.

You can win with style over substance in a lot of things, but not when it comes to money. At some point, a product has to demonstrate its value. You can only prop it up for so long before basic economic forces take over. It’s not fair and it’s not rational, but that’s how economics work.

Dogecoin will find that out at some point. Investors may have to find out the hard way.

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Filed under Bitcoin, Current Events, rants

A Subreddit Exploited Wall Street Hedge Funds (And I Applaud Them)

Every now and then, a news story comes along that just puts a smile on my face for all the right reasons. Granted, a lot of those news stories involve comic books and sex robots, but certain news transcends my preferences. They’re just too inherently awesome and cathartic to ignore.

This recent story surrounding a sub-reddit beating a multi-billion dollar hedge fund on Wall Street is definitely one of them. In the process, it suddenly turned Gamestop, a store I haven’t been in for three years, into the hottest stock on the market.

It’s the kind of story that would make a ridiculous movie. It’s not “The Big Short.” Hell, reads like a “Robot Chicken” sketch, plus or minus a few poop jokes. Except, this actually happened in the real world.

For those who haven’t been following this story, here’s a colorful breakdown by Esquire.

Esquire: How WallStreetBets Redditors Used Their Collective Power to Manipulate the Stock Market

News about the stock market rarely crosses over into the cultural mainstream, and historically when that’s happened, it’s meant some catastrophic financial event has taken place. (See: The housing and stock market crashes of 2008.)

But the stock market was the single biggest news story Wednesday, financial or otherwise, due to a group of Reddit shitlords pumping up a collection of stocks and pushing some billion-dollar financial institutions to the brink of bankruptcy.

Hedge fund Melvin Capital needed a $2.75 billion bailout on Monday after the stock price for GameStop, the video game retailer, spiked to more than $70 a share over the weekend. Just a month earlier, the stock was hovering near $15. Melvin was shorting the stock, hence the need for a bailout. Reports of Melvin Capital’s financial struggles sent GameStop’s share price soaring even higher, though, to more than $100 a share on Monday, putting the hedge fund in an even more precarious financial decision. As of this writing, the stock was trading for $330 per share—77 times higher than its share price of $4.28 a year ago.

The GameStop stock rally is the handiwork of r/WallStreetBets, a Reddit community where people share news, memes and personal anecdotes about playing the stock market.

Let’s all take a moment to shed a fake tear for a hedge fund that sought to make money by hoping a company would die. Let’s also take a moment to contain our rage that those assholes still got a multi-billion dollar bailout with little to no debate, but I digress.

That article gave us the basics. In short, a bunch of people on Reddit decided to exploit the short positions that a bunch of hedge funds had on Gamestop and make a ton of money on the side. It’s the kind of gimmicky stock trading tactics that you’d see in “The Wolf of Wall Street,” minus the strippers and ludes. The only difference is this didn’t break any laws and only fucked over hedge funds.

If you need a more thorough breakdown of just how those hedge funds were fucked over, here’s a video by the YouTube channel TLDR News. They break it down beautifully. I must warn you, though. If you get excited by seeing hedge funds get screwed over by a bunch of Reddit trolls, you might not be able to contain yourself.

Now, why do I love this story so much?

Why am I making such a big deal of it?

Why is this even news on such a large scale?

The answer is fairly simple. It’s not just that I love Reddit and have been an active user for years. This kind of thing just doesn’t happen that often. A bunch of normal, everyday people on Reddit getting the best of a Wall Street hedge fund? It just doesn’t seem possible.

Even if you’re a die hard capitalist or an dogmatic liberation, you can’t be too fond of hedge funds. In addition to being fertile grounds for fraudsters, con-men, and Gordan Gecko wannabes, they have just one goal. They seek to make rich people even richer. How they go about that varies, but they’re not above lying, cheating, and effectively gaming every capitalist system to their advantage.

They’re basically villains for both capitalists, socialists, and communists alike. They’ll screw over anyone, be they individuals or companies, so long as they can turn a profit. They don’t make anything. They don’t create or develop products that they sell to willing consumers. They mostly dick around with math, balance sheets, and stock prices to make money. That’s it.

I’m not a fan, to say the least. Watching them lose is like watching Lex Luthor get beat up by a five-year-old girl. You don’t think it’s possible, but it’s a glorious sight when you see it.

Honestly, this is the kind of story we need right now. A bunch of nobodies on the internet find a way to screw over a hedge fund whose business model involves screwing over struggling companies. What’s not to love? That’s a superhero narrative wrapped in true capitalism wrapped in American ingenuity. Ron Swanson himself would be proud.

There’s a lot more I could say about this. Since the story is still unfolding on many fronts, I’ll hold off. I’ll just say that if r/WallStreetBets does nothing more than screw over a hedge fund trying to profit from Gamestop’s demise, they’ll still have done a great good for this world.

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Filed under Current Events, psychology, rants

A Note On New Years Resolutions For 2021 (And From 2020)

At the start of every year, I make a brief list of New Years Resolutions that I hope to pursue in the coming months. I know it’s corny, but I believe there’s real value to it. Whether you accomplish them or not, setting goals and trying to improve yourself has real merit. I highly recommend that everyone try it. You don’t even have to call it a New Years Resolution.

In previous years, I’ve mentioned my resolutions. I’ve also talked about why many, including myself, often fail to achieve them. At the beginning of 2020, I went through the same process. I laid out some goals and some general plans I hoped to stick to. I didn’t expect to achieve everything, but I was genuinely hopeful.

Then, 2020 became the 2020 that we all hate and dread.

A once-in-a-generation pandemic hit.

Society and the economy shut down.

People lost friends, loved ones, and their jobs.

On top of that, political rhetoric somehow got worse in an election year.

It was bad. If ever there was a year in which you could be forgiven for overlooking your resolutions, it’s 2020. I think most reasonable people agree. We all need a mulligan on our resolutions from last year. We may even need one for the first part of this year, as the impact of 2020 has already extended into January.

For me, personally, the events of 2020 had a serious impact on the resolutions I laid out. The ones I thought would be simple, such as intensifying my gym workouts, proved to be very difficult when gyms were shut down for four months. While I tried to adapt, running more and doing body weight exercises, I still wouldn’t consider that resolution achieved.

My more ambitious resolutions were a lot harder to adapt. Every year, I make it a point to improve my social skills. That’s one of my major deficiencies and has been since high school. It has been a serious uphill battle over the years, learning to talk to people, make friends, and foster meaningful social connections. I’ve gotten much better since college, but I’m still below average.

Last year set me back again. Naturally, it’s pretty damn hard to work on your social skills when people are social distancing, working from home, or self-isolating due to concerns over illness. It turns out it’s just not easy to be sociable during a global pandemic. Go figure.

Now, that’s not to say I didn’t make an effort. I really did try to adapt. Learning how to use Zoom and getting family members to embrace video chatting really helped. I was able to both maintain and even strengthen the connections I had. When it came to making new ones, though, I was very limited.

As a result, my resolution to make a concerted effort to find girlfriend was effectively shunted. There was just no dating scene during a pandemic. It’s hard to embrace romance when so many people are afraid of kissing, hugging, shaking hands, or just going new places with someone. While online dating tried to adapt, I struggled to keep up.

If nothing else, last year made me realize how lucky other couples were to have that connection through the pandemic. You may be stuck at home, but you’re not alone and you have someone who can keep you grounded when you start to go stir crazy.

I needed that in 2020.

I needed that more than I care to admit.

Hopefully, that motivates me even more to put myself out there and find love later this year. I may ultimately have to wait until next year for things to be normal enough to embrace romantic pursuits, once more. I’m still willing to put in the effort in the meantime. If 2020 taught me anything, it’s that a crisis is much easier to endure when you have someone to endure it with.

Other resolutions, like traveling to certain places and taking an exotic vacation, had to be pushed back for purely pragmatic reasons. Missing out on those resolutions wasn’t too jarring. It’s just a matter of finding the time and making arrangements. That’s relatively easy to do once things settle. It’s the harder resolutions that might take longer.

I still want to make those resolutions for 2021. I also encourage others to do so, even if it just means carrying over every resolution they couldn’t achieve in 2020. That’s perfectly fine. I think most people would understand. Last year was a mess. We all deserve a pass.

At the same time, let’s not overlook the fact that a lost year is still a lost year. None of us are getting any younger. I’m getting to an age where I can’t afford to lose too many years, especially if I want to put myself out there, explore new places, and eventually find love.

So, regardless of how you feel about New Years Resolutions and the scars of 2020, I think it’s wise we all pursue our goals in 2021 with greater urgency. We don’t have to completely make up for all the time we lost in 2021. We should just remember how quickly plans can get derailed by forces beyond our control.

We can face some very tough setbacks over the course of our lives, but we should never stop pursuing meaningful goals.

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Filed under Current Events, human nature, Jack Fisher's Insights, rants

Dear America: Yesterday At The Capitol Was Awful (Do Better)

I love America.

I’m proud to be an American.

I believe in the ideals, values, and promise of America.

I don’t deny this country has flaws. No person is perfect, no group is perfect, and no society is perfect. We’re an imperfect species, by default.

All that being said, yesterday was a sad, pathetic day for America. This country that I love showed some of its ugliest blemishes for the world to see and it was objectively awful on every level. The protests at the Capitol were a terrible sight to behold. While this story is still ongoing, it’s safe to say it’s as bad as it looks and then some.

AP: Chaos, violence, mockery as pro-Trump mob occupies Congress

“Where are they?” a Trump supporter demanded in a crowd of dozens roaming the halls of the Capitol, bearing Trump flags and pounding on doors.

They — lawmakers, staff members and more — were hiding under tables, hunkered in lockdowns, saying prayers and seeing the fruits of the country’s divisions up close and violent.

Guns were drawn. A woman was shot and killed by police, and three others died in apparent medical emergencies. A Trump flag hung on the Capitol. The graceful Rotunda reeked of tear gas. Glass shattered.

On Wednesday, hallowed spaces of American democracy, one after another, yielded to the occupation of Congress.

In general, I try not to comment on news that’s still fresh. I also try to avoid getting too partisan when talking about hot button issues in American politics. I understand how this can bring out the worst in people. However, I have to make an exception for yesterday.

I won’t mention names. I won’t even mention public officials or candidates. What the people did at the Capitol the other day was both shameful and pathetic. It wasn’t enough to just disagree with how the election turned out. It wasn’t enough to be angry at the other side for daring to pitch an agenda they didn’t approve of. They had to do the national equivilent of flipping over the chess board in anger because they lost.

That’s not what civilized people do.

That’s what whiny children do.

I want to say you’re better than that, but actions speak too loudly in this case. You act like you’re the “real” Americans. You call yourself patriots, but you mock, whine, and desecrate the people and places that make America what it is. That’s not patriotism. That’s just being an asshole.

Be better than this.

Do better than this.

I know you’re capable of it. I still believe in America’s highest ideals. We’re not measuring up to them now and we just went way too far in the opposite direction.

We need to turn this around.

We must turn it around.

America deserves better than this, but it also needs to put in the work. So, let’s start today.

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Filed under Current Events, politics, rants

New Years Eve: Just One More Day Of 2020!

It’s almost over, everbody.

The final day of 2020 is upon us.

In any other year, we would use this as an opportunity to wish everyone a happy New Year and to share our New Years plans. This is not just any other year. This is 2020 and it has been historically hellish for reasons that would take too long to list. Now, it’s almost over.

We’ve made it this far. We’ve endured horrible story after horrible story. We navigated times in which time seemed to slow to a crawl. For some, it’s been a special kind of terrible. Let’s at least acknowledge that doctors and front line health care workers have had it the worst.

Now, I know the end of 2020 doesn’t mean an automatic end to everything that made it so awful. There’s still work to be done. We’re still a long way from anything resembling a better world.

If nothing else, 2020 has set the bar so laughably low for improvement that 2021 has no excuses for being at least slightly better. As jaded and broken as I’ve become over this past year, I’m choosing to be hopeful. I really want to believe that 2021 will be a better year. The effort to make it better starts tomorrow.

For now, let’s just get through this last day. We’ve almost made it, people! Just hang in there a little bit longer.

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Filed under Current Events, rants