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nilay patel @reckless
RT @hblodget: The whole story of “scrappy Redditors sticking it to big bad Wall Street” is ridiculous. “Wall Street” is on both sides of th… — PolitiTweet.org
nilay patel @reckless
@SreekrishnanV Like Warren, I think a more regulated approach to capitalism that attempts to make markets reflect real value rather than financialized value is probably the correct answer — PolitiTweet.org
nilay patel @reckless
@SreekrishnanV She was! I just think “shorting should be illegal” is one of those things that sounds good but is very difficult to do in practice, since you’d be telling the owners of stock they can no longer create value by lending it to shorts — PolitiTweet.org
nilay patel @reckless
@CapMetalMarvel I don’t... what — PolitiTweet.org
nilay patel @reckless
@SreekrishnanV Maybe? But arbitrage is not a new idea — PolitiTweet.org
nilay patel @reckless
@XThirteenEn @antithankunotes Regardless of whether you think an individual retail investor should be allowed to assume potentially infinite risk, what rational institutional investor is going to lend the shares to retail investors against unsecured risk of that scale? — PolitiTweet.org
nilay patel @reckless
@JoannaStern Gotta try a meat stylus https://t.co/xUpHDvnYTK — PolitiTweet.org
nilay patel @reckless
@fmanjoo @CaseyNewton @amir “Our algo helpfully assigned you an anglicized Starbucks name” — PolitiTweet.org
nilay patel @reckless
@CaseyNewton @amir You’re saying a product with this logo wasn’t carefully designed https://t.co/cQKyZ5HvaQ — PolitiTweet.org
nilay patel @reckless
@NSExceptional @byjad @business @verge No I meant the actual thing they published. You should read it, maybe — PolitiTweet.org
nilay patel @reckless
@NSExceptional @byjad @business @verge The published explanation for their actions — PolitiTweet.org
nilay patel @reckless
*Communications Workers of America. Look, it’s Saturday and tweets but editable — PolitiTweet.org
nilay patel @reckless
Big scoop from @ZoeSchiffer: some members of the Alphabet Workers Union are considering leaving the larger Communication Workers Union https://t.co/ZACQAhVkwn — PolitiTweet.org
nilay patel @reckless
@NSExceptional @byjad @business @verge That there was criminal collusion to stop the stock from trading such that RH execs should be in jail — PolitiTweet.org
nilay patel @reckless
@NSExceptional @byjad @business @verge I encourage you to sue any major internet company and see if their lawyers failed to Google this website from 2014 — PolitiTweet.org
nilay patel @reckless
@NSExceptional @byjad @business @verge Not a cite — PolitiTweet.org
nilay patel @reckless
@NSExceptional @byjad @business @verge Cite please — PolitiTweet.org
nilay patel @reckless
@byjad @NSExceptional @business @verge Because ultimately that conspiracy theory was not true — PolitiTweet.org
nilay patel @reckless
Okay here’s my grand unified GameStop theory: in a PAC world where every politician is constantly begging for money and delivering little, being able to click a button and spend some money to break shit is rewarding and fun, but not as good as functional economic policy — PolitiTweet.org
nilay patel @reckless
@byjad @business Which ones — PolitiTweet.org
nilay patel @reckless
@byjad @business Where is the criticism of Reddit? — PolitiTweet.org
nilay patel @reckless
@passionfingerz I think you’re a racist who is backtracking — PolitiTweet.org
nilay patel @reckless
@byjad I have been critical of treating the Reddit group like a monolith and assigning it unproven motives, and extremely critical of conspiracy theories — PolitiTweet.org
nilay patel @reckless
@passionfingerz I’m sorry you are confused about jokes — PolitiTweet.org
nilay patel @reckless
@passionfingerz Gross — PolitiTweet.org
nilay patel @reckless
Warren is the only politician who seems to understand the real issues with the GameStop story instead of latching onto the prevailing narrative — PolitiTweet.org
Elizabeth Warren @SenWarren
Casino-like swings in stock prices of GameStop reflect wild levels of speculation that don’t help GameStop’s worker… https://t.co/P5aKcN3uKL
nilay patel @reckless
@mattyglesias I feel like billionaires channeling populist anger with lies can go sideways, but cannot think of a recent example — PolitiTweet.org
nilay patel @reckless
@mslopatto I do appreciate “what can we buy if a mob comes together” as a political strategy. It definitely sounds better than “progressive taxation and benefits” — PolitiTweet.org
nilay patel @reckless
RT @AchewoodNC: https://t.co/6dSdTCPgt8 — PolitiTweet.org
nilay patel @reckless
I hope Verizon emails everyone a reminder not to kick on fourth down — PolitiTweet.org