Bye Adam

In the next stage of the implosion of “tech” unicorn WeWork, the nut-job CEO of the office rental firm, Adam Neumann, has resigned as CEO:

WeWork’s wildman CEO and co-founder Adam Neumann has been pushed out as chief exec of his post-profit property management biz.

The board of directors today confirmed rampant speculation that Neumann, who started the global-spanning office subletting shop in 2010 with Miguel McKelvey, was about be kicked out of the top job.

The Softbank-backed WeWork will now be headed by co-CEOs Artie Minson, formerly co-president and chief financial officer, and Sebastian Gunningham, formerly the board’s vice-chairman.

Neumann, known for his party-animal lifestyle and dreams of becoming the immortal trillionaire president of the world, will stay on as non-executive chairman of the board. However, he will cede majority control by reducing the voting power of his shares from 10 votes per share to three.

………

“While our business has never been stronger, in recent weeks, the scrutiny directed toward me has become a significant distraction and I have decided that it is in the best interest of the company to step down as chief executive.”

We presume that when Neumann talks of the “significant distraction” he is referring to the recent reports around his handling of the finances at a business that over the first half of this year lost almost $700m, from revenues of $1.5bn, and warned prospective IPO investors that it may never be profitable. Funnily enough, in July, Neumann apparently cashed out for $700m.

Things only got worse from there, as the upstart’s estimated value took a nosedive and the IPO was postponed in order to give Neumann and his team time to figure things out. The biz, once touted as being worth $47bn, is now watching its value erode daily.

First, this company is not a tech company, it’s a landlord, who managed to sell themselves as high tech because there is Kampuchea at the snack bar.

Secondly, the company is a morass of corrupt self-dealing.

It really is remarkable what qualifies as a hot stock in the United States.

You Have No Right to Know if the Government Wants to Murder You

This is literally straight out of Kafka’s novel The Trial, where the protagonist is sentenced to death by an unspecified court for an unspecified crime:

A U.S. judge Tuesday dismissed an American journalist’s lawsuit challenging his alleged placement on a “kill list” by U.S. authorities in Syria, after the Trump administration invoked the “state secrets” privilege to withhold sensitive national security information.

U.S. District Judge Rosemary M. Collyer of Washington, D.C., last year had opened the way for Bilal Abdul Kareem, a freelance journalist who grew up in New York, to seek answers in his civil case from the government and to try to clear his name after what he claims were five near-misses by U.S. airstrikes in Syria.

Collyer in June 2018 ruled that Abdul Kareem, who said he was mistaken for a militant because of his frequent contact with militants linked to al-Qaeda, was exercising his constitutional right to due process in court.

But after talks between Abdul Kareem’s lawyers and U.S. authorities broke down, the government tapped the rarely invoked state secrets authority, saying Abdul Kareem sought information revealing “the existence and operational details of alleged military and intelligence activities directed at combating the terrorist threat to the United States.”

In a 14-page opinion, Collyer said she was bound to agree, saying the government’s right to withhold information in such instances is “absolute.” 

First, the invocation of the state secrets privilege is not that uncommon, and second, the case that established this absolute privilege, United States v. Reynolds, the US government lied to the court about the secret nature of the the evidence.

This is yet another fact that makes the case for the Swedish concept of Offentlighetsprincipen (openness), which creates the default of public access for all government data.

Obvious to Anyone Who Worked in the Nuclear Industry

I spent about 6 months working for a company in the nuclear energy area, and I’ve always known that nuclear power is too expensive and too slow to be a viable solution to anything, including (particularly) anthropogenic climate change:

Nuclear power is losing ground to renewables in terms of both cost and capacity as its reactors are increasingly seen as less economical and slower to reverse carbon emissions, an industry report said.
FILE PHOTO: Cooling towers and high-tension electrical power lines are seen near the Golfech nuclear plant on the border of the Garonne River between Agen and Toulouse, France, August 29, 2019. REUTERS/Regis Duvignau/File Photo

 In mid-2019, new wind and solar generators competed efficiently against even existing nuclear power plants in cost terms, and grew generating capacity faster than any other power type, the annual World Nuclear Industry Status Report (WNISR) showed.

 “Stabilizing the climate is urgent, nuclear power is slow,” said Mycle Schneider, lead author of the report. “It meets no technical or operational need that low-carbon competitors cannot meet better, cheaper and faster.”

 ………

 The extra time that nuclear plants take to build has major implications for climate goals, as existing fossil-fueled plants continue to emit CO2 while awaiting substitution.

It should be noted that if nuclear power were accurately costed, it would cost in excess of ten times as much of any other power source.

The cost of generating solar power ranges from $36 to $44 per megawatt hour (MWh), the WNISR said, while onshore wind power comes in at $29–$56 per MWh. Nuclear energy costs between $112 and $189.

Over the past decade, the WNISR estimates levelized costs – which compare the total lifetime cost of building and running a plant to lifetime output – for utility-scale solar have dropped by 88% and for wind by 69%.

For nuclear, they have increased by 23%, it said.

Note that these costs do not reflect the cost of disposal of radioactive waste, or the cost of the security and non-proliferation measures required for nuclear.

Unless you want a nuclear submarine, or a nuclear weapon, nuclear power is a very bad deal.

Speaking of Insufferable Prats Having a Bad Day

The British supreme court just ruled that Boris Johnson’s proroguing parliament for 5 weeks is illegal.

Basically, they said that he lied to the Queen:

The supreme court has ruled that Boris Johnson’s advice to the Queen that parliament should be prorogued for five weeks at the height of the Brexit crisis was unlawful.

The unanimous judgment from 11 justices on the UK’s highest court followed an emergency three-day hearing last week that exposed fundamental legal differences over interpreting the country’s unwritten constitution.

………

Then, giving the court’s judgment on whether the decision to suspend parliament was legal, Hale said: “This court has … concluded that the prime minister’s advice to Her Majesty [ to suspend parliament] was unlawful, void and of no effect. This means that the order in council to which it led was also unlawful, void and of no effect should be quashed.

………

She [Hale] added: “The court is bound to conclude, therefore, that the decision to advise Her Majesty to prorogue parliament was unlawful because it had the effect of frustrating or preventing the ability of parliament to carry out its constitutional functions without reasonable justification.”

The judgment said: “This was not a normal prorogation in the run-up to a Queen’s speech. It prevented parliament from carrying out its constitutional role for five out of a possible eight weeks between the end of the summer recess and exit day on 31 October.

………

The court stopped short of declaring that the advice given by Johnson to the Queen was improper. It was a question. they said, they did not need to address since they had already found the effect of the prorogation was itself unlawful.

That denial at the end seems to me to be legalese for, “I see what you did there.”

I’m not sure how the politics will play out, but it seems likely that it’s better for people not named Boris Johnson than it is for people named Boris Johnson.

I Did Not Expect This

We have been informed by the whistleblower’s counsel that their client would like to speak to our committee and has requested guidance from the Acting DNI as to how to do so.

We‘re in touch with counsel and look forward to the whistleblower’s testimony as soon as this week.

— Adam Schiff (@RepAdamSchiff) September 24, 2019

Also, Yes

I figured that Nancy Pelosi would oppose impeachment if Trump were caught on tape shooting someone to death on 5th Avenue while anally raping a walrus.

To quote Humphrey Bogart, I was misinformed:

Speaker Nancy Pelosi announced on Tuesday that the House would initiate a formal impeachment inquiry against President Trump, charging him with betraying his oath of office and the nation’s security by seeking to enlist a foreign power to tarnish a rival for his own political gain.

Ms. Pelosi’s declaration, after months of reticence by Democrats who had feared the political consequences of impeaching a president many of them long ago concluded was unfit for office, was a stunning turn that set the stage for a history-making and exceedingly bitter confrontation between the Democrat-led House and a defiant president who has thumbed his nose at institutional norms.

“The actions taken to date by the president have seriously violated the Constitution,” Ms. Pelosi said in a brief speech invoking the nation’s founding principles. Mr. Trump, she added, “must be held accountable — no one is above the law.”

She said the president’s conduct revealed his “betrayal of his oath of office, betrayal of our national security and betrayal of the integrity of our elections.”

Ms. Pelosi’s decision to push forward with the most severe action that Congress can take against a sitting president could usher in a remarkable new chapter in American life, touching off a constitutional and political showdown with the potential to cleave an already divided nation, reshape Mr. Trump’s presidency and the country’s politics, and carry heavy risks both for him and for the Democrats who have decided to weigh his removal.

Cowardice in the service of the Blue Dog Caucus seems to be Pelosi’s thing, so I am not sure what led her to do the right thing.

The most charitable explanation is to quote Churchill*, and conclude that she would, “Do the right thing, once all other possibilities have been exhausted.”

This should have happened months ago.

Of note is that she is not creating a select committee to investigate Trump, which would add something like 6 weeks to the timeline:

And Ms. Pelosi said she had directed the chairmen of the six committees that have been investigating Mr. Trump to “proceed under that umbrella of impeachment inquiry.” In a closed-door meeting earlier in the day, she said the panels should put together their best cases on potentially impeachable offenses by the president and send them to the Judiciary Committee, according to two officials familiar with the conversation. That could potentially lay the groundwork for articles of impeachment based on the findings.

(emphasis mine)

I am not sanguine about Nadler running the hearings, but the fastest way to get this show on the road is through the Judiciary committee.

*This quote from Churchill is almost certainly false.

In More Enlightened Times, Elon Musk Would Be in the Dock

Even ignoring his highly inaccurate tweets about Tesla, things like going private and impossible promises about self-driving cars, we have the corrupt self-dealing around Tesla’s purchase of Solar City.

If the SEC or the DoJ were actually interested in pursuing stock fraud, Musk would be in a world of hurt:

Back in 2016, Tesla acquired solar panel manufacturer SolarCity, billing the $2.6 billion deal as an opportunity to create “the world’s only vertically integrated sustainable energy company.” From a SolarCity solar panel to a Tesla battery, the company promised, the in-house supply chain would scale up clean energy for all and provide cost synergies to the businesses and shareholders.

But SolarCity, of which Tesla CEO Elon Musk was chairman, was deeply in debt at the time. Now, newly unsealed documents in an investor lawsuit say the situation was far worse than that. They allege that SolarCity wasn’t just carrying a heavy debt load: it was completely insolvent.

The upshot of reams of law surrounding mergers and acquisitions is that C-suite executives and company boards of directors are supposed to make sure shareholders get the most money possible out of their investment. If they’re going to sell the company, they have to make sure they’re accepting the most valuable reasonable offer. Companies doing the acquiring, meanwhile, are supposed to do their homework to make sure they’re not wasting their resources on a bad deal—and Tesla shareholders say the SolarCity acquisition was exactly that.

………

SolarCity only continued to function because of SpaceX money, the suit alleges:

As SpaceX’s chairman, CEO, CTO, and majority stockholder, Musk caused SpaceX to purchase $90 million in SolarCity bonds in March 2015, $75 million in June 2015, and another $90 million in March 2016. These bond purchases violated SpaceX’s own internal policy, and SolarCity was the only public company in which SpaceX made any investments.

The scenario described is as follows:  Musk owns over 50% of SpaceX, and you used their money to prop up Solar City until Tesla, which is a publicly traded firm, bought the solar panel installer out.

Musk’s cousins founded the company, and Musk was Solar City’s largest shareholder, and they all made made a lot of money as a result, Elon netted about $½ Billion, of what can only be called looting.

This is as corrupt as hell, and in the days before Reagan emasculated the SEC and the white collar crime division of the DoJ, he would be under criminal indictment, and banned from both the securities industry, as well being banned from serving as an executive or a board member of of a publicly traded company.

Of course, after Reagan, and Bush, and Clinton, and Bush, and Obama, it’s, “No harm, no foul.”

The Washington Post Just Got a Bit Better

OP/ED columnist Richard Cohen has left the Washington Post.

It appears that whatever happened, it was sudden.

My guess is that they discovered something bad, and had no choice.

Bad for him, good for the public discourse of the United States:

Richard Cohen will no longer write columns for the Washington Post, editorial page editor Fred Hiatt tells staffers in an unusually short email sent via editorial board executive assistant Nana Efua Mumford. Seriously, this is the whole thing:

After 43 years of writing a column for The Washington Post, Richard Cohen has decided to move on to other challenges. Whether he is writing about politics, movies, history or his glory days in the U.S. Army, Richard is a master of the form. Readers of The Post and the many other publications that carry his column will miss his insight, humor and occasional outrage. As Richard takes on new ventures, we wish him all the best and remain hopeful that he will come back to write for the oped page from time to time.
Fred

This was clearly sudden.

Just to remind you, some of Cohen’s greatest hits:

  • Suggesting that jewelry store owners are justified in not letting black people in his store.
  • Sexually harassed a staffer.
  • Suggested that interracial marriage made observing such couples ill.
  • Lauded Trayvon Martin’s murderer.
  • Suggested that the Steubenville rape was not “real” rape. 

Even by the egregious standards of the Washington Post OP/ED pages under Fred Hiatt, he was a toxic and stupid man.

A Deep Dive on the Oil Field Strikes in Saudi Arabia


Potential attack routes


Imagery of the attack


Detail image with directions

A week ago, cruise missiles/drones (really a missile) hit the Abqaiq oil processing facility and the Khuaru oil field, knocking out about 5% of world oil production.

The Houthis in Yemen claimed responsibility, but the Saudis and the US government claim that it was an Iranian strike.

While it is highly likely that the Iranians have been providing the technical support to the Houthi drone effort, the provenance of the actual attacks is unclear.

What is clear is that the House of Saud is facing some well-deserved blow-back for their brutal war on the people of Yemen.

There is a claim that the Houthis lacked the ability to make a missile with the range for this task, but given that the Houthis literally had a static displays showing missiles with ranges up to 1700 km 2½ months ago, which would suggest that these capabilities are nowhere near as difficult to acquire as has been implied.

The question here is guidance, and why I call this a missile rather than a drone; the 1250 km range puts the vehicle well out of the range of the control of a base statement without a satellite link, which the Houthis do not possess.

The attacks are very precise.

In fact, the precision seems to exceed the what one could get with GPS, which could not be any less than the 15 meter range.

It is possible that they get less error by using  a D-GPS installation, which could increase the accuracy to less than 1m, but the nearest installation (Al-Ahsa International Airport) would be about 80 km away, and you would need a relatively sophisticated inertial guidance to preserve that position information.

Similarly, the use of Terrain Contour Matching (TERCOM) might work, but again this would seem to exceed the capabilities of the Houthis.

Given that the Russian KH-5, that the Iranian Soumar is derived from has a CEP of 25m, this implies some sort of terminal guidance.

The two alternatives here are some sort of image based targeting, either TV of IR, or the use of a laser designator on the ground.

Given that the area around both Abqaiq and Khuaru are majority Shia (See map, blue is Shia, red is Sunni, yellow is Wahhabi), I think that there is a very real possibility that there was someone on the ground designating the targets.

As an aside, it should be noted that these attacks indicate a serious shortcoming of the US Patriot SAM system as compared to the Russian S-300 and S-400.

First, the Patriot has about a 90 degree coverage as compared to the full 360 degree coverage given by the Russian systems.

It should be noted that the MEADS missile system would have resolved this issue.

Secondly, the Russian systems are designed to use quick erecting elevated radar masts which are more likely to detect low flying cruise missiles.

Certainly, the Russians are using this event to sell their systems.

Linkage

I loves me some vintage airshow newsreels:

#OnThisDay 1950: Newsreel was at the Farnborough Air Show to take a gander at all the latest planes. pic.twitter.com/n82J0zxFqe

— BBC Archive (@BBCArchive) September 8, 2019

Furrsonae Non Gratae

Midwest FurFest has refused to allow Milo Yiannopoulos to attend the convention:

Right-wing persona non grata Milo Yiannopoulos announced that he has adopted a “fursona” as a snow leopard and that he purchased tickets to a furry convention; in response, organizers rescinded his event registration.

Yiannopoulos posted an email screenshot to one of the few platforms he has left—his Telegram messaging channel—on Saturday and claimed he registered for Midwest FurFest, a convention “to celebrate the furry fandom” hosted in the suburbs on Chicago this December. “Furries,” as they’re often called, are groups of people who have interest in animal personas with human characteristics; people who participate in the subculture often present themselves as non-human characters via art and costumes.

Needless to say, members of the Furred Reich are feeling a lot of butt-hurt about this.

Not Just Republican States

The Bernie Sanders camp is urging the DNC Rules & Bylaws committee to consider sanctions against NY if Gov. Cuomo doesn’t sign a bill sitting on his desk that would make it easier to switch parties to vote in a primary, as recommended by the party’s Unity & Reform Commission. pic.twitter.com/1mEZmukFNB

— Alex Seitz-Wald (@aseitzwald) September 19, 2019

New York state has the most byzantine and opaque requirements for party registration in the nation.

This has clearly been done to ensure that the party bosses have no accountability.

BTW, it’s not just the Sanders campaign that has made this observation, so has the Brennan Center:

Clumsily designed ballots. An antiquated registration process. Confusing deadlines and outdated laws. Long lines and no early voting. New York state — caricatured as a bastion of progressive politics — has some of the most retrograde voting laws and practices in the nation. Reports of dysfunction from Thursday’s primary only add to the evidence: New York is disenfranchising its citizens.

We won’t see any sanctions, but we should.

Nice to See Reality Acknowledged in a Court of Law

The U.S. Court of Appeals for the 4th Circuit has just ruled thatwas written specifically to prevent blacks from voting.

If this stands, it might put North Carolina back under the pre-clearance regime of the Voting Rights Act:

Today, a federal court struck down North Carolina’s voter-ID law, one of the strictest in the nation. In addition to requiring residents to show identification before they can cast a ballot, the law also eliminated same-day voter registration, eliminated seven days of early voting and put an end to out-of-precinct voting. The federal court ruling reinstates these provisions, for now.

………

The federal court in Richmond found that the primary purpose of North Carolina’s wasn’t to stop voter fraud, but rather to disenfranchise minority voters. The judges found that the provisions “target African Americans with almost surgical precision.”

In particular, the court found that North Carolina lawmakers requested data on racial differences in voting behaviors in the state. “This data showed that African Americans disproportionately lacked the most common kind of photo ID, those issued by the Department of Motor Vehicles (DMV),” the judges wrote.

So the legislators made it so that the only acceptable forms of voter identification were the ones disproportionately used by white people. “With race data in hand, the legislature amended the bill to exclude many of the alternative photo IDs used by African Americans,” the judges wrote. “The bill retained only the kinds of IDs that white North Carolinians were more likely to possess.”

The data also showed that black voters were more likely to make use of early voting — particularly the first seven days out of North Carolina’s 17-day voting period. So lawmakers eliminated these seven days of voting. “After receipt of this racial data, the General Assembly amended the bill to eliminate the first week of early voting, shortening the total early voting period from seventeen to ten days,” the court found.

Most strikingly, the judges point to a “smoking gun” in North Carolina’s justification for the law, proving discriminatory intent. The state argued in court that “counties with Sunday voting in 2014 were disproportionately black” and “disproportionately Democratic,” and said it did away with Sunday voting as a result.

“Thus, in what comes as close to a smoking gun as we are likely to see in modern times, the State’s very justification for a challenged statute hinges explicitly on race — specifically its concern that African Americans, who had overwhelmingly voted for Democrats, had too much access to the franchise,” the judges write in their decision.

This is about as clear-cut an indictment of the discriminatory underpinnings of voter-ID laws as you’ll find anywhere. Studies have already shown a significant link between support for voter ID and racial discrimination, among both lawmakers and white voters in general.

“Faced with this record,” the federal court concludes, “we can only conclude that the North Carolina General Assembly enacted the challenged provisions of the law with discriminatory intent.”

I really hope that this is enough to get North Carolina back under the Voting Rights Act.

That Gonna Change the World Thing………

We know that MIT Media Lab, and the entire senior management of MIT, conspired to keep donations from Jeffrey Epstein.

In the ensuing furor, one has to wonder what they could possibly do to make themselves even more toxic.

I mean, it would have to be something really bad, like illegally dumping toxic waste down the public sewers, which they also did:

Researchers at the Massachusetts Institute of Technology’s Media Lab have dumped wastewater underground in apparent violation of a state environmental regulation, according to documents and interviews, potentially endangering local waterways in and near the town of Middleton.

Nitrogen levels from the lab’s wastewater registered more than 20 times above the legal limit, according to documents provided by a former Media Lab employee. When water contains large amounts of nitrogen, it can kill fish and deprive infants of oxygen.

Nine months ago, the Massachusetts Department of Environmental Protection began asking questions, but MIT’s health and safety office failed to provide the required water quality reports, according to documents obtained by ProPublica and WBUR. This triggered an ongoing state investigation.

After ProPublica and WBUR contacted MIT for comment, an institute official said the lab in question was pausing its operations while the university and regulators worked on a solution. Tony Sharon, an MIT deputy vice president who oversees the health and safety office, didn’t comment on the specific events described in the documents.

………

The lab responsible for the dumping is the Open Agriculture Initiative, one of many research projects at the Media Lab. Led by principal research scientist Caleb Harper, who was trained as an architect, the initiative has been under fire for overhyping its “food computers”: boxes that could supposedly be programmed to grow crops, but allegedly didn’t work as promised.

Throughout early 2018, the lab’s research site in Middleton, about 20 miles north of the main MIT campus in Cambridge, routinely drained hundreds of gallons of water with nitrogen into an underground disposal well, at concentrations much higher than the lab’s permit allowed, according to documents and interviews. The nitrogen came from a fertilizer mix used to grow plants hydroponically.

This is what happens when you create an institution, like Media Lab, where the principals believe that they are a priori virtuous people who are saving the world.

Also:  What the f%$# does hydroponics have to do with media?

Not Enough Bullets

Purdue Pharma has declared bankruptcy, but they still want to pay $34 million in bonuses to senior managers, because it’s not drug pushing if you are white and went to Harvard.

I want the guillotine concession at this bankruptcy trial.

I’ll make out like a raped ape:

Officials at troubled drugmaker Purdue Pharma say “certain employees” should be paid more than $34 million in bonuses for meeting and exceeding goals over the last three years, even though the company is facing thousands of lawsuits over its role in the nation’s opioid crisis and earlier this week filed for bankruptcy.

In a legal filing, attorneys for Purdue Pharma asked a judge to authorize millions in payments to employees who have met “target performance goals.”

It is not clear from the company filings why employees would be eligible for bonuses because, while the bonuses are supposed to be partly contingent on the company’s financial performance, the company has filed for bankruptcy.

At a bankruptcy court hearing in White Plains, N.Y., on Tuesday, Paul K. Schwartzberg, an attorney for the U.S. Trustee, raised objections to some of the bonuses. While it is typical for companies in bankruptcy to try to pay employees as a firm seeks to regain its financial footing, the Purdue Pharma bonuses go “way beyond” what is typical, he said.

Enough is enough.

Govrnor Ratf%$# is at it Again

Maryland Governor Larry Hogan has set up a a dark money group to oppose educating our children, particularly the black and brown ones:

Maryland Gov. Larry Hogan is reprising his role as a grass roots agitator, asking top supporters to raise at least $2 million for a lobbying and public relations campaign that would herald his Republican agenda and try to rouse opposition to Democratic priorities.

A fundraising memo obtained by The Washington Post emphasized that Hogan’s new super PAC and a related nonprofit “can accept unlimited donations.” The campaign will target, among other things, a costly plan embraced by the Democratic-majority legislature to address inequity in public schools and deep disparities in student achievement.

Campaign finance watchdogs said the governor’s solicitation illustrates a troubling trend that has escalated over the past decade, as public officeholders find methods to raise unlimited money — some from undisclosed donors — in ways often prohibited for traditional candidate committees.

The second of six fundraisers listed in the memo took place in Annapolis last week, with donors asked to give as much as $10,000 apiece.

………

The governor is trying to accomplish indirectly what hehas largely been unable to do from inside the State House: pressure the General Assembly to side with him on contentious policy questions. Democrats have veto-proof majorities in both chambers, and have easily overturned Hogan’s vetoes of bills to, among other things, raise the minimum wage, restore voting rights to felons and permanently protect oyster sanctuaries.

There are no good Republicans, some of them just hide their true nature better.

Do not be confused by statements by Hogan and Evil Minions™, when they oppose getting funding to under-resourced districts, what they really mean that they think that educating people of color is a bad thing.

I guss that Larry thinks that education makes black folks uppity.