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Robinhood Banning GameStop Proves the Free Market Is a Lie

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Robinhood is a stock-trading app that exists to “democratize finance” — but will also, on occasion, prohibit you from buying stocks because democratically unaccountable experts have declared them overpriced.

This was the befuddling message that Robinhood sent to its readers Thursday morning, as the most befuddling stock craze in modern memory pushed the price of a GameStop share above $440.

As of this writing, the GameStop rally appears to be fading. But the questions the phenomenon has raised — about the ethics of gamified stock-trading apps, the inequalities between large and small investors, how share prices are actually determined, and what the stock market is for — seem to grow more numerous and vexing by the hour. Fortunately, Chris Arnade may have some answers. The former bond trader spent two decades on Wall Street before growing disillusioned with his profession’s culture of cynicism and greed. In recent years, he’s invested the bulk of his time into photography and writing, typically about social class and poverty in the U.S. But he’s hedged these productive activities with no small amount of leisurely lurking on Reddit. Which makes his brain all the more fit for picking.

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Can’t stop, won’t stop. Photo: SHAWN THEW/EPA-EFE/Shutterstock

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Click the link below for the article:

https://nymag.com/intelligencer/2021/01/robinhood-ban-gamestop-share-price-explained.html

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Chanel Rentals LLC

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Chanel the place for super rentals!

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Chyna McQueen

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https://www.facebook.com/chyna.mcqueen

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Beirut explosion brings city ‘to its knees’ as residents grapple with loss, destruction

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BEIRUT — It seemed like all hope was lost.

But after 15 hours buried under the rubble of his home in Beirut, Imad Atar was miraculously pulled out alive by a civil defense team Wednesday, punching the air weakly with joy as crowds clapped, cried and cheered in an emotional display.

Drenched in sweat from the August sun, the team of volunteers used pickaxes and shovels to dig Atar out from under the rubble of his home in the Geitawi neighborhood, in the east of the Lebanese capital.

A roar of joy reverberated through the streets as the volunteers screamed “he’s alive!” and pulled him out along with items from his former home — a pair of slippers, children’s toys, and jewelry.

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BEIRUT

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Click the link below for article:

https://www.nbcnews.com/news/world/beirut-explosion-brings-city-its-knees-citizen-grapple-loss-destruction-n1235860

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NEWS TED TALKS +
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From CNN: Women leaders are doing a disproportionately great job at handling the pandemic. So why aren’t there more of them? White Freight Liner Blues (Live) | Collaborations | Tommy Emmanuel & Molly Tuttle
From CNN: A Chinese troll campaign is inadvertently showing how censorship limits political thought

The most detailed map of galaxies, black holes, and stars ever made | Juna Kollmeier

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Why The U.S. Needs To Do Reparations Now

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Defunding the police is just part of the structural reform needed to root out racism in the U.S., says Mehrsa Baradaran, a law professor at the University of California, Irvine, who studies the economic inequities between Black and white Americans.

What’s truly needed is a big-picture rethink of U.S. policy at every level, she told HuffPost in an interview by phone and in follow-ups over email this week. 

In her 2017 book “The Color of Money,” Baradaran lays out how, over centuries, policymakers wrote Black Americans out of the economic system — and how policies blocking Black people from obtaining mortgages, land, and credit created an immense wealth gap between Black and white Americans that persists to this day. In her book, Baradaran says that after slavery was abolished, Black Americans held just .5% of all the wealth in the U.S. Today, the number is barely higher, at about 1%.

Baradaran’s work resonates now as millions protest around the U.S. ― speaking out not only against police brutality against Black Americans but the systemic racism that pervades America’s institutions. The coronavirus pandemic has revealed the devastating effects of this inequality, as Black Americans disproportionately bear the brunt of fatalities from the virus and its economic fallout.

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Click the link below for article:

https://www.huffpost.com/entry/us-needs-reparations-black-americans_n_5ede5dfbc5b6fb8854dd8d00

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Donald Trump No Masking It … Finally Puts One On

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Click the link below for article:

https://www.tmz.com/2020/05/21/donald-trump-wears-presidential-mask-ford-plant-covid-19-coronavirus/

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Here Is What Facebook Won’t Tell You About Message Encryption

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In the world of individual privacy and data security, this could be the ultimate irony. Facebook, the company that has taken more fire than any other for misusing, abusing, and losing user data, has become the last line of defense in the fight against government access to that same user data. Led by the U.S. and U.K., Facebook is under increasing pressure to delay plans to expand encryption across its platforms until backdoors can be added to enable government agencies access to user content.

But is everything as it seems? Has Facebook really turned away from its casual approach to user data to become the poster child for user privacy? Facebook has its own dilemma around monetizing data on an encrypted platform, so what motive does it have to promote security at the expense of its own access? Unsurprisingly, the answer is that Facebook’s agenda is not quite the surprise it may have seemed.

Quick recap. Despite building a business around the monetization of user data, Facebook also owns WhatsApp, the world’s preeminent messaging platform, now used by some 1.6 billion users monthly. Back in 2016, WhatsApp completed its deployment of end-to-end encryption. For the first time, a universally popular messaging service had given up the ability to access the content it was transmitting.

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Facebook Announced Plans To Integrate WhatsApp, Instagram And Messenger : IllustrationGetty Images

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Click the link below for article:

https://www.forbes.com/sites/zakdoffman/2019/10/06/is-facebooks-new-encryption-fight-hiding-a-ruthless-secret-agenda/#4c5381ae5699

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Scientists Just Made Microplastic From Beyond Meat’s Hero Ingredient

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The University of Cambridge found a way to potentially solve the microplastic problem using Beyond Meat’s hero ingredient: plant-based pea protein.

California-based vegan meat brand Beyond Meat uses pea protein in its meat-like plant-based burgers and sausages. Unlike soy protein, pea protein is hypoallergenic—making it a more favorable source of protein. It’s also available in high quantities.

However, UK firm Xampla, a spin-out from the university, has found another way to use the ingredient. The firm has developed the “world’s first” plant-based protein to replace the microplastics in everyday items.

Inspired by the process spiders use to turn protein into silk, the start-up re-assembles plant proteins, such as pea proteins, into new structures to create films and microcapsules.

Xampla’s plant protein-based material is able to decompose “naturally and fully” in a matter of weeks. This makes it a better packaging alternative to traditional plastics. These can take hundreds to thousands of years to fully decompose.

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Scientists Just Made Microplastic From Beyond Meat’s Hero IngredientBeyond Meat uses pea protein to make its burgers

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Click the link below for article:

https://www.livekindly.co

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NEWS TED TALKS +
White House pays a huge premium for mask-cleaning machines Watch “Evangelist Ravi Zacharias, who built global ministry, dies in Atlanta at 74” on YouTube
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Annie Glenn, Champion of Those With Speech Disorders, Dies at 100 Watch “The crisis of leadership — and a new way forward | Halla Tómasdóttir and Bryn Freedman” on YouTube
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