Discover and read the best of Twitter Threads about #toobigtojail

Most recents (7)

Auditors lubricate capitalism, keeping finance's gears smoothly a-whirl, so investors can move money in and out of companies without poring over their books or walking their facilities. Without auditors, capitalism's gears would grind to dust:

pluralistic.net/2021/02/18/ink…

1/ Two business-suited male fi...
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pluralistic.net/2023/05/09/din…

2/
Unfortunately for capitalism, auditing is irredeemably broken. The Big Four auditors (#PWC, #EY, #Deloitte and #KPMG) have merged to monopoly, becoming #TooBigToFail and #TooBigToJail.

3/
Read 34 tweets
Amazon is *very* proud of its #flywheel: first, they subsidized customers, luriing in sellers. Then they demanded lower prices, luring more buyers. With more customers, more sellers piled in. Faster the flywheel spins, creating the #EverythingStore:

fourweekmba.com/amazon-flywhee…

1/ Jean-Leon Gerome's painting...
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pluralistic.net/2023/04/25/gre…

2/
The flywheel is everywhere - they even teach it in business-schools. But Amazon is not a reliable narrator. It doesn't tell the truth about the flywheel. To understand what's really going on with the flywheel, you have apply #enshittification to it.

3/
Read 58 tweets
When students of statistics are introduced to creating and interpreting models, they are introduced to George Box's maxim:

*All models are wrong, some are useful.*

It's a call for humility and perspective, a reminder to superimpose the messy world on your clean lines. 1/ A Tron-like plane of glowing grid-squares. Two spherical cow
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pluralistic.net/2023/04/03/all… 2/
Even with this benediction, modeling is forever prone to the cardinal sin of insisting that complex reality can be reduced to "a perfectly spherical cow of uniform density on a frictionless plane." 3/
Read 67 tweets
For many #ConstitutionalLaw scholars, last years' #Dobbs decision on #AbortionRights at the #SupremeCourt came as a dismaying shock, because it showed conclusively that #conlaw wasn't a realm of ideologically consistent intellectual foment, but rather, a matter of *politics*. 1/ A kraken strangling a coin-...
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pluralistic.net/2023/03/25/con… 2/
Writing for @CreditSlips, the #FinanceLaw scholar #AdamLevitin admits to feeling a bit of schadenfreude in that moment. The "blue collar" law scholars in "grubby" banking and money fields have always treated the conlaw set as "slightly clueless toffs":

creditslips.org/creditslips/20… 3/
Read 53 tweets
Seven years ago, I called #LeonardCohen's *Everybody Knows* "the perfect anthem for our times."

> Everybody knows the fight was fixed
> The poor stay poor, the rich get rich
> That’s how it goes
> Everybody knows

memex.craphound.com/2016/11/11/leo… 1/ A smoke-filled room lit by ...
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pluralistic.net/2023/03/16/com… 2/
That was just after Cohen died, and while the world seems to want to settle on *Hallelujah* as his totemic song, *Everybody Knows* keeps inserting itself into the discourse, in the most toxic, hope-draining way possible. 3/
Read 60 tweets
Yesterday, Congress finally passed the must-pass, end-of-year budget bill. As usual, the bill was stalled to the last moment, so Congressjerks could cram the 4,000-page, $1.7 trillion package with special favors for their donors, at the expense of the rest of the country. 1/ A living room scene, featuring a sofa in the background and
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2022/12/22/mus… 2/
This year's package included a pair of especially egregious doozies, which were reported out for @TheProspect by @leee_harris ( a grotesque retirement giveaway for the ultra-rich) and @dorajfacundo ( a safety giveaway to @Boeing and its lethal fleet of #737Max aircraft). 3/
Read 37 tweets
BEFORE READING THIS THREAD, do you think this statement is TRUE or FALSE?

Despite being a documented #epidemic for decades, @HHSGov's #CenterForDiseaseControl(@CDCgov) intentionally obstructs its collecting #statistics on what causes at least 10% of deaths NEEDLESSLY every year.
2

HINT: You already know of these systemic #DataScams due to #PublicCorruption & #RegulatoryCapture:

🤥#HackedVoting/#illegitimateResults
🤥#UScensus is maliciously biased
🤥#Gerrymandering

Thread coming soon about #CauseOfDeath #DataFraud

#AmericanSwamp #MedicalControlFraud
3

ANOTHER HINT: My inability to escape intrahospital, interhospital & health/disability insurers’ #ConspiracyAgainstRights using #MedicalControlFrauds exposes motive of the right answer.

Watch this video later to understand #PublicCorruption by example📽️
Read 43 tweets

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