pianogonzology

Friday, November 26, 2021

Peek . , .

. . . into another world . . .

https://ascmag.com/articles/the-thing-from-another-world-1951

(from https://www.theguardian.com/artanddesign/2021/nov/06/how-nfts-non-fungible-tokens-are-shaking-up-the-art-world)

". . . A motley crew of celebrities have tried their hand at selling digital art, including Snoop Dogg, Lindsay Lohan and John Cleese. In July, it was estimated that sales of NFTs in the first half of 2021 rose by more than $2bn (£1.47bn) – a trend that prompted Christie’s and Sotheby’s to host their own NFT auctions and that is credited with driving contemporary art sales to an all-time high. But only a tiny proportion of the proceeds of art NFTs have ended up in the bank accounts of the galleries that have, in addition to auction houses, traditionally taken the lion’s share of art-market profits. . . In March, the crypto firm Injective Protocol paid $95,000 for Morons, a physical artwork by Banksy depicting an auctioneer selling a framed picture bearing the words: “I can’t believe you morons actually buy this shit.” They then burned the picture before selling a digital token of the work for $380,000. . . "

Any World (That I'm Welcome To)
- Steely Dan

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For The Ride

Thursday, November 25, 2021

Which . . .

. . to believe

https://www.istockphoto.com/photos/angel-and-

devil-on-the-woman-shoulders

(from https://www.snopes.com/fact-check/put-paid/)

". . . Highly publicized allegations of insider trading in advance of 9/11 generally rest on reports of unusual pre-9/11 trading activity in companies whose stock plummeted after the attacks. Some unusual trading did in fact occur, but each such trade proved to have an innocuous explanation. For example, the volume of put options — instruments that pay off only when a stock drops in price — surged in the parent companies of United Airlines on September 6 and American Airlines on September 10 — highly suspicious trading on its face. Yet, further investigation has revealed that the trading had no connection with 9/11. A single U.S.-based institutional investor with no conceivable ties to al Qaeda purchased 95 percent of the UAL puts on September 6 as part of a trading strategy that also included buying 115,000 shares of American on September 10. Similarly, much of the seemingly suspicious trading in American on September 10 was traced to a specific U.S.-based options trading newsletter, faxed to its subscribers on Sunday, September 9, which recommended these trades. The SEC and FBI, aided by other agencies and the securities industry, devoted enormous resources to investigating this issue, including securing the cooperation of many foreign governments. These investigators have found that the apparently suspicious consistently proved innocuous. . ."

(from https://truthout.org/articles/911-terrorists-made-millions-on-the-stock-market/)

". . . a former senior manager (Major Fraud and International Enforcement) with the Australian Securities and Investment Commission (ASIC), notes that the German Stock Market Commission reported that in the days before 9/11, derivatives traded on underwriter Munchener Ruck were twice normal volumes. Munchener Ruck’s share price dropped 22 per cent after the attacks. . .On 7 September 2001, the number of ‘put options’* on British Airways was four times normal volumes. British Airways shares dropped 42 per cent over the following week. . . Between 6-7 September, 4 744 put options were bought on United Airlines, six times the normal volumes. Assuming that 4 000 of these options were bought by terrorists with advance knowledge of the imminent attacks, these ‘insiders’ would have profited by almost $5 million. . . On 10 September, 4 516 put options were bought on American Airlines, 285 times normal volumes. Assuming that 4 000 of these options were purchased by ‘terrorist insiders’, they would have netted a gain of about $4 million. . ."

Which Way To Go
- Eddy Current Suppression Ring

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Put A Finger On It

Wednesday, November 24, 2021

Stink . . .

https://www.cnn.com/2021/11/16/media/steve-bannon-reliable-sources/index.html

. . . and stinkers . . .

(from https://www.cnn.com/2021/11/16/media/steve-bannon-reliable-sources/index.html)

". . . the Bannon business model: Flood the zone. Stink up the joint. As Jonathan Rauch once said, citing Bannon's infamous quote, "This is not about persuasion: This is about disorientation.". . . So, with that in mind, here's what Bannon did: He streamed his arrival at an FBI field office, to turn himself in, on his GETTR account. He told his fans to "stay focused and stay on message" despite the "noise" of his indictment. He proclaimed that "we're taking down the Biden regime." He used the scene for all the publicity, and presumably political donations, that it was worth. . . Inside the courtroom, Bannon was "a lot different," according the CNN's Evan Perez, who added that he "answered respectfully to the judge when the judge advised him of his rights." But after his appearance in court, Bannon came back outside to the cameras; vowed to fight the criminal contempt of Congress charges; claimed that Democrats "took on the wrong guy this time;" and said "we're going to go on the offense." He told Vice's Elizabeth Landers that he "100 percent" plans to continue podcasting: "They'll never shut down The War Room.". . . That's how he floods the zone -- by spinning lies for his podcast "posse" on a daily basis -- and by attracting outside and outsized attention. Throughout the day on Monday, I noticed journalists and social media commenters wrestling with this issue. As Charlie Warzel said in 2019, "content creation and shamelessness" is a "potent combination." That's even more true today...". . . "

That Smell
- Lynyrd Skynyrd

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Critic’s Choice

Tuesday, November 23, 2021

Imagine . . .

https://medium.com/@doodlekitproject/bring-you-

imagination-into-the-real-world-d8bfaf2918f5

(from The Reckoning: Our Nation's Trauma and Finding a Way to Heal by Mary L. Trump)

". . . The lack of accountability continued into the twentieth century, in sometimes flagrant and shocking ways. . . President Gerald Ford is responsible for two the the worst pardons in American history. . . In 1975, after 110 years had washed away (Robert E.) Lee's sins and reinvented him as some kind of hero, the U.S. House of Representatives voted 407-10 to restore Lee's full rights of citizenship. A couple of weeks later President Ford signed the resolution in order to correct an "oversight." . . . I can only imagine how the descendants of the people he enslaved and the Union soldiers who died because of him must have felt. . ."

Imagine
- John Lennon

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