2023.05.29 02:56 Livepdismyjam (SELLING) Tons of New titles.. Disney, 4K's, HD's.. Operation Fortune: Ruse De Guerre, 10 Cloverfield Lane, 3 From Hell, Dragonslayer, Hercules (Disney), Tangled, Lady and the Tramp, Lilo and Stich, and more...
|10 Cloverfield Lane||4K||Vudu||$7|
|13 Hours The Secret Soldiers of Benghazi||HD||Vudu||$2|
|21 Jump Street||SD||MA||$1|
|3 From Hell||4K||Vudu or iTunes||$4|
|48 Hours||4K||Vudu or iTunes||$6|
|A Madea Christmas||HD||Vudu||$0.50|
|A Quiet Place||HD||Vudu or iTunes||$3|
|A Very Brady Sequel||HD||Vudu or iTunes||$5|
|Adventures of TinTin||SD||Vudu||$1|
|Adventures of TinTin||SD||iTunes||$1|
|Age of Ultron||HD||MA||$3|
|Age of Ultron||HD||GP||$2|
|Aladdin (Robin Williams)||HD||Vudu||$4|
|Amazing Spider-Man (The Amazing Spider-Man)||SD||MA||$0.50|
|American Psycho||4K||Vudu, iTunes or GP||$5|
|Another 48 Hours||4K||Vudu or iTunes||$6|
|Avengers: Age of Ulton||HD||Vudu||$3|
|Avengers: Age of Ulton||HD||GP||$2|
|Avengers: End Game||HD||Vudu||$3|
|Avengers: End Game||4K||MA||$4|
|Avengers: End Game||HD||GP||$2|
|Avengers: Infinity Wars||4K||MA||$4|
|Avengers: Infinity Wars||HD||GP||$2|
|Beauty and the Beast (1991)||HD||Vudu||$2|
|Beauty and the Beast (1991)||HD||MA||$3|
|Beauty and the Beast (1991)||HD||GP||$2|
|Beauty and the Beast (2017)||HD||Vudu||$3|
|Beauty and the Beast (2017)||HD||GP||$2|
|Beauty and the Beast: Enchanted Christmas||HD||MA||$6|
|Beauty and the Beast: Enchanted Christmas||HD||GP||$4|
|BFG (Big Friendly Giant)||HD||MA||$3|
|BFG (Big Friendly Giant)||HD||GP||$2|
|Big Hero 6||HD||MA||$3|
|Big Hero 6||HD||GP||$2|
|Black Panther: Wakanda Forever||HD||MA||$4|
|Black Panther: Wakanda Forever||HD||GP||$2.50|
|Brady Bunch Movie, The||HD||Vudu||$5|
|Bram Stoker's Dracula||4K||MA||$5|
|Breaking Bad Season 5 Part 1||HD||Vudu||$5|
|Bring it on World #CheerSmack||HD||MA||$0.50|
|Bring it on World #CheerSmack||HD||iTunes||$0.50|
|Bumblebee||4K||Vudu or iTunes||$5|
|Cabin in the Woods||UHD||Vudu||$4|
|Call of the Wild||HD||MA||$3|
|Call of the Wild||HD||GP||$2|
|Call of the Wild||4K||MA||$5|
|Captain America: Civil War||HD||MA||$3|
|Captain America: Civil War||HD||GP||$2|
|Cinderella (Live Action)||HD||MA||$4|
|Cinderella (Live Action)||HD||GP||$3|
|Cloverfield||4K||Vudu or iTunes||$6|
|Collateral||4K||Vudu or iTunes||$5|
|Coming to America||4K||Vudu or iTunes||$5|
|Cool Hand Luke (1967)||4K||MA||$7|
|Crawl||4K||iTunes or Vudu||$5|
|Daddy's Home 2||HD||Vudu||$1.50|
|Daniel Craig 5 Film Collection -- Casino Royale, Quantum of Solace, Skyfall, Spectre, No Time to Die||4K||Vudu||$20|
|Despicable Me 2||HD||MA||$2|
|Doctor Strange: In the Multiverse of Madness||HD||Vudu||$4|
|Doctor Strange: In the Multiverse of Madness||4K||MA||$5.50|
|Doctor Strange: In the Multiverse of Madness||HD||GP||$3|
|Dr. Seuss' How The Grinch Stole Christmas||HD||MA||$3|
|E.T. - Extra-Terrestrial||HD||Vudu or iTunes||$4|
|Emperor's New Groove, The||HD||MA||$6.75|
|Emperor's New Groove, The||HD||GP||$6.50|
|Escape from LA||4K||Vudu or iTunes||$6.75|
|Everything Everywhere All at Once||4K||Vudu||$6.50|
|Extreme Prejudice||HD||Vudu or iTunes||$4.50|
|Fast & Furious 6||HD||MA||$2|
|Fast and the Furious||HD||Vudu||$2|
|Fox and the Hound 2||HD||GP||$5|
|Frozen Sing Along||HD||MA||$3|
|Frozen Sing Along||HD||GP||$2|
|G.I. Joe: Rise of Cobra||SD||iTunes||$1.50|
|God's Not Dead: A Light in Darkness||HD||MA||$1|
|Godfather Part 2, The||4K||Vudu or iTunes||$5|
|Godfather Part 3 Coda, The||4K||Vudu or iTunes||$5|
|Godfather, The||4K||Vudu or iTunes||$5|
|Gods of Egypt||HD||iTunes||$1|
|Grease||4K||iTunes or Vudu||$5|
|Green Mile, The||4K||MA||$6|
|Guardians of the Galaxy||4K||iTunes||$5|
|Guardians of the Galaxy||HD||GP||$3|
|Guardians of the Galaxy v2||4K||iTunes||$5|
|Guardians of the Galaxy v2||HD||GP||$3|
|Hacksaw Ridge||HD||Vudu or iTunes||$2|
|Hammer of the Gods||HD||Vudu||$1|
|Haunting in Connecticut||SD||iTunes||$1.50|
|Heavy Metal 2000||HD||MA||$6.50|
|Hell or High Water||HD||Vudu||$5|
|Here Comes The Boom||SD||MA||$1|
|Honey 3: Dare to Dance||HD||iTunes||$1|
|Hotel Transylvania 2||SD||MA||$1|
|House with a Clock in its Walls (2018)||HD||MA||$4|
|How to Train Your Dragon 2||HD||MA||$3|
|Hunger Games: Catching Fire||SD||Vudu, iTunes or GP||$0.50|
|Hunger Games: Mockingjay Part 1||SD||iTunes||$0.50|
|Hunt for Red October, The||4K||Vudu or iTunes||$5.50|
|In the Line of Fire||4K||MA||$5.50|
|Independence Day: Resurgence||HD||MA||$2|
|Indiana Jones and the Kingdom of the Crystal Skull||4K||Vudu or iTunes||$5|
|Indiana Jones and the Last Crusade||4K||Vudu or iTunes||$5|
|Indiana Jones and the Temple of Doom||4K||Vudu or iTunes||$5|
|Into the Woods||HD||GP||$2|
|Iron Man 3||4K||iTunes||$4|
|Iron Man 3||HD||GP||$2|
|Jack Reacher: Never Go Back||HD||Vudu||$2|
|Jack Reacher: Never Go Back||HD||iTunes|
|Jarhead 3: The Siege||HD||MA||$2|
|Jungle Book (Live Action) (2016)||4K||iTunes||$4.50|
|Jungle Book (Live Action) (2016)||HD||GP||$3|
|Jurassic World: Fallen Kingdom||4K||MA||$5|
|Justin Bieber Never Say Never||SD||iTunes||$1.50|
|King of Staten Island, The||HD||MA||$4|
|King's Man, The||4K||MA||$7|
|Kingsman: Golden Circle||HD||MA||$2|
|Kingsman: The Golden Circle||HD||MA||$2|
|Kronk's New Groove||HD||MA||$6.75|
|Kronk's New Groove||HD||GP||$6.50|
|La La Land||HD||Vudu||$2|
|Lady and the Tramp (Signature Collection)||HD||MA||$5|
|Lady and the Tramp (Signature Collection)||HD||GP||$4|
|Last Night in Soho||4K||MA||$5.75|
|Let's Be Cops||HD||MA||$1|
|Lilo & Stitch||HD||MA||$4|
|Lilo & Stitch||HD||GP||$3.50|
|Lilo & Stitch 2 - Stitch Has a Glitch||HD||MA||$4|
|Lilo & Stitch 2 - Stitch Has a Glitch||HD||MA||$3.50|
|Lion King (Animated)||HD||MA||$4.50|
|Lion King (Animated)||HD||GP||$4.50|
|Lion King Live Action||4K||MA||$4|
|Lion King Live Action||HD||GP||$2|
|Little House on the Prairie Season 4||SD||Vudu||$3|
|Little Mermaid 2: Return to the Sea||HD||MA||$7|
|Little Mermaid 2: Return to the Sea||HD||GP||$6.75|
|Little Mermaid, The||HD||MA||$4.50|
|Little Mermaid, The||HD||GP||$3.50|
|Little Mermaid: Ariel's Beginning||HD||MA||$7|
|Maleficent 2: Mistress of Evil||HD||GP||$3|
|Maleficent 2: Mistress of Evil||4K||MA||$5|
|Many Adventures of Winnie the Pooh||HD||MA||$4|
|Many Saints of Newark||4K||MA||$5.50|
|Mary Poppins Returns||HD||MA||$4|
|Mary Poppins Returns||HD||GP||$2.50|
|Matrix; Resurrections, The||4K||MA||$6|
|Miss Peregrine's Home for Peculiar Children||HD||Vudu||$2|
|Mission Impossible Fallout||HD||iTunes||$2|
|Monster High - Electrified||HD||MA||$0.50|
|Monster High - Electrified||HD||iTunes||$0.50|
|Mulan (Live Action)||HD||GP||$2|
|Mulan Live Action||4K||MA||$4|
|Mummy Tomb of the Dragon||HD||MA||$3|
|Nightmare Before Christmas||HD||GP||$3.50|
|Norm of the North||HD||Vudu||$2|
|Now You See Me||HD||Vudu||$2|
|Nurse Jackie Season 7||HD||Vudu||$3.50|
|Operation Fortune: Ruse De Guerre||4K||Vudu||$8|
|Oz the Great and Powerful||HD||MA||$3|
|Oz the Great and Powerful||HD||GP||$2|
|Perks of Being a Wallflower||SD||Vudu||$0.50|
|Perks of Being a Wallflower||HD||Vudu||$1|
|Perks of Being a Wallflower||SD||iTunes||$0.50|
|Perks of Being a Wallflower||HD||iTunes||$1|
|Pirate Fairy, The||HD||MA||$3|
|Pirate Fairy, The||HD||GP||$2|
|Pirates of the Caribbean: Dead Men Tell No Tales||HD||MA||$3|
|Plane||4K||Vudu or iTunes||$7|
|Planes: Fire & Rescue||HD||MA||$4|
|Planes: Fire & Rescue||HD||GP||$2|
|Pride & Prejudice (2005)||HD||iTunes||$2|
|Pulp Fiction||4K||iTunes or Vudu||$5|
|Raiders of the Lost Ark||4K||Vudu or iTunes||$5|
|Ralph Breaks the Internet||HD||Vudu||$3|
|Ralph Breaks the Internet||4K||MA||$5|
|Ralph Breaks the Internet||HD||GP||$2|
|Raya and the Last Dragon||HD||MA||$4|
|Raya and the Last Dragon||HD||GP||$3|
|Rescuers Down Under||HD||Vudu||$6|
|Reservoir Dogs||4K||iTunes or Vudu||$6|
|Resident Evil: Retribution||HD||MA||$5.50|
|Resident Evil: Welcome to Racoon City||4K||MA||$6.50|
|Rogue Wars: Star Wars Story||HD||MA||$3|
|Rogue Wars: Star Wars Story||HD||GP||$2|
|Ron's Gone Wrong||HD||MA||$3.00|
|Santa Clause 2, The||HD||MA||$4.50|
|Santa Clause 2, The||HD||GP||$3|
|Santa Clause 3, The Escape Clause||HD||MA||$4.50|
|Santa Clause 3, The Escape Clause||HD||GP||$3|
|Santa Clause, The||HD||MA||$4.50|
|Santa Clause, The||HD||GP||$3|
|Saving Mr. Banks||HD||MA||$4|
|Saving Mr. Banks||HD||GP||$3|
|Scream||4K||Vudu or iTunes||$5|
|Scream 2||4K||Vudu or iTunes||$5|
|Secret Life of Pets||HD||MA or Vudu||$2|
|Selma||HD||Vudu or iTunes||$3|
|Show Dogs (2018)||HD||MA||$3|
|Sicario||4K||Vudu or iTunes||$5|
|Sicario: Day of the Soldado||4K||MA||$5|
|Snow White and the Huntsman||HD||MA||$1|
|Spiderman: Far From Home||HD||MA||$3.50|
|Spiderman: No Way Home||4K||MA||$3.50|
|Spies in Disguise||HD||GP||$2|
|Star Trek Beyond||HD||Vudu or iTunes||$3|
|Star Trek: Into Darkness||SD||Vudu or iTunes||$0.50|
|Star Trek: Into Darkness||HD||Vudu or iTunes||$1|
|Star Wars Last Jedi||HD||GP||$2|
|Star Wars: Force Awakens||HD||MA||$3|
|Star Wars: Force Awakens||HD||GP||$2|
|Star Wars: Last Jedi||HD||MA||$3|
|Star Wars: Last Jedi||HD||GP||$2|
|Star Wars: Rise of Skywalker||HD||MA||$4|
|Star Wars: Rise of Skywalker||4K||MA||$4|
|Star Wars: Rise of Skywalker||HD||GP||$3|
|Star Wars: Rogue One||HD||MA||$3|
|Star Wars: Rogue One||HD||GP||$2|
|Step Up: All In||HD||Vudu or GP||$2|
|Strike Back Season 5||HD||iTunes||$4|
|Super Troopers 2||HD||MA||$4|
|Sword in the Stone||HD||MA||$5|
|Teenage Mutant Ninja Turtles: Out of the Shadows||HD||Vudu or iTunes||$3|
|Terminator Dark Fate||HD||Vudu||$2|
|Terminator Dark Fate||HD||iTunes||$2|
|The Bad News Bears (1976)||HD||Vudu||$4|
|The Following Season 1||HD||Vudu||$3|
|The Hitman's Bodyguard & Hitman's Wife's Bodyguard 2 Film Collection||4K||Vudu||$10|
|The Last Stand||SD||iTunes||$0.50|
|The Last Witch Hunter||SD||Vudu||$1|
|The Lost Boys||4K||MA||$6|
|The Mummy (Tom Cruise) (2017)||4K||MA||$5|
|The Protégé||4K||Vudu or iTunes||$5.75|
|The Smurfs 2||SD||MA||$1|
|The Spectacular Now||SD||Vudu||$1|
|The Women in Black||HD||MA||$2|
|Thor: Dark World, The||HD||MA||$3|
|Thor: Dark World, The||HD||GP||$2|
|Thor: Love & Thunder||HD||MA||$4|
|Thor: Love & Thunder||4K||MA||$5|
|Thor: Love & Thunder||HD||GP||$3|
|TMNT Out of the Shadows||HD||iTunes||$2|
|Top Gun: Maverick||4K||Vudu or iTunes||$5.50|
|Toy Story 3||HD||GP||$3|
|Toy Story 4||4K||MA||$5|
|Toy Story 4||HD||GP||$3|
|Toy Story: That Time Forgot||HD||MA||$5|
|Toy Story: That Time Forgot||HD||GP||$4.50|
|Transformers: Age of Extinction||HD||Vudu or iTunes||$1.50|
|True Blood Season 4||HD||GP||$1|
|Twilight: Breaking Dawn Part 2||SD||Vudu||$0.50|
|Twilight: Breaking Dawn Part 2||HD||Vudu||$1|
|Twilight: Breaking Dawn Part 2||SD||iTunes||$0.50|
|Tyler Perry's Temptation||HD||Vudu||$2|
|Tyler Perry's Witness Protection||HD||Vudu||$2|
|Untouchables, The||4K||iTunes or Vudu||$6|
|Walking Dead Season 4||HD||Vudu||$6.50|
|War for the Planet of the Apes||HD||MA||$2|
|Warm Bodies||SD||Vudu, iTunes or GP||$0.50|
|West Side Story||HD||Vudu||$2|
|West Side Story||HD||GP||$1.50|
|What Happens in Vegas||SD||iTunes||$1|
|Wind River||HD||Vudu or iTunes||$5|
|Winnie the Pooh: Springtime with Roo||HD||MA||$4.50|
|Wolf of Wall Street||4K||Vudu or iTunes||$5|
2023.05.29 01:53 HussarMiscellaneous Brave New World Map of an alternate United States
|submitted by HussarMiscellaneous to BraveNewWorldAltHist [link] [comments]|
2023.05.29 00:06 Sashcracker Jacobin backs Kiliçdaroğlu's reactionary campaign in Turkish elections
But overall, he is likely to pursue a more unambiguously pro-NATO, pro-Western line than Erdoğan, who has sought to play Washington against Moscow and style himself a crucial interlocutor between the two blocs. … Europe and the United States will be happy to see Turkey return to the fold — so happy, in fact, they may well reward Kiliçdaroğlu with reentry into crucial Western weapons technology, perhaps even the F-35 fighter jet program from which Erdoğan is currently excluded. Seen through the NATO prism, Syrian refugees who may suffer forcible return into Assad’s brutal prison system, and the civilians and Kurdish political, civil society, and military leaders who continue to lose their lives in Turkey’s brutal air war across northern Iraq and Syria, are disposable collateral.”While Jacobin pointed to the cynical contempt for refugees and Kurds in Turkey underlying the NATO powers’ support for Kiliçdaroğlu, its own calculations were no less cynical. Indeed, it presented HDP-TİP support for Kiliçdaroğlu as a “glimmer of hope for the left,” even though it knew full well Kiliçdaroğlu would attack refugees, Kurds, and the working class. Indeed, it evidently hoped a Kiliçdaroğlu victory would facilitate its own propaganda lies presenting the NATO war on Russia as a struggle for Ukrainian democracy.
2023.05.28 23:31 Machcobra Fact or Fiction
2023.05.28 22:49 HussarMiscellaneous Brave New World Map of an alternate United States
|submitted by HussarMiscellaneous to imaginarymaps [link] [comments]|
2023.05.28 21:49 Joadzilla U.S. Goes After Private Donations Made To Jan. 6 Rioters
The Justice Department is increasingly trying to prevent rioters from being able to profit from participating in the 2021 attack.
Less than two months after he pleaded guilty to storming the U.S. Capitol, Texas resident Daniel Goodwyn appeared on Tucker Carlson’s then-Fox News show and promoted a website where supporters could donate money to Goodwyn and other rioters whom the site called “political prisoners.”
The Justice Department now wants Goodwyn to give up more than $25,000 he raised — a clawback that is part of a growing effort by the government to prevent rioters from being able to personally profit from participating in the attack that shook the foundations of American democracy.
An Associated Press review of court records shows that prosecutors in the more than 1,000 criminal cases from Jan. 6, 2021, are increasingly asking judges to impose fines on top of prison sentences to offset donations from supporters of the Capitol rioters.
Dozens of defendants have set up online fundraising appeals for help with legal fees, and prosecutors acknowledge there’s nothing wrong with asking for help for attorney expenses. But the Justice Department has, in some cases, questioned where the money is really going because many of those charged have had government-funded legal representation.
Most of the fundraising efforts appear on GiveSendGo, which bills itself as “The #1 Free Christian Fundraising Site” and has become a haven for Jan. 6 defendants barred from using mainstream crowdfunding sites, including GoFundMe, to raise money. The rioters often proclaim their innocence and portray themselves as victims of government oppression, even as they cut deals to plead guilty and cooperate with prosecutors.
Their fundraising success suggests that many people in the United States still view Jan. 6 rioters as patriots and cling to the baseless belief that Democrats stole the 2020 presidential election from Donald Trump. The former president himself has fueled that idea, pledging to pardon rioters if he is elected.
Markus Maly, a Virginia man scheduled to be sentenced next month for assaulting police at the Capitol, raised more than $16,000 from an online campaign that described him as a “January 6 P.O.W.” and asked for money for his family. Prosecutors have requested a $16,000-plus fine, noting that Maly had a public defender and did not owe any legal fees.
“He should not be able to use his own notoriety gained in the commission of his crimes to ‘capitalize’ on his participation in the Capitol breach in this way,” a prosecutor wrote in court papers.
So far this year, prosecutors have sought more than $390,000 in fines against at least 21 riot defendants, in amounts ranging from $450 to more than $71,000, according to the AP’s tally.
Judges have imposed at least $124,127 in fines against 33 riot defendants this year. In the previous two years, judges ordered more than 100 riot defendants to collectively pay more than $240,000 in fines.
Separately, judges have ordered hundreds of convicted rioters to pay more than $524,000 in restitution to the government to cover more than $2.8 million in damage to the Capitol and other Jan. 6-related expenses.
More rioters facing the most serious charges and longest prison terms are now being sentenced. They tend to also be the prolific fundraisers, which could help explain the recent surge in fines requests.
Earlier this month, the judge who sentenced Nathaniel DeGrave to more than three years in prison also ordered him to pay a $25,000 fine. Prosecutors noted that the Nevada resident “incredibly” raised over $120,000 in GiveSendGo fundraising campaigns that referred to him as “Beijing Biden’s political prisoner” in “America’s Gitmo” — a reference to the Guantanamo Bay detention center.
“He did this despite seeking to cooperate with the government and admitting he and his co-conspirators were guilty since at least November 2021,” a prosecutor wrote.
Lawyer William Shipley, who has represented DeGrave and more than two dozen other Jan. 6 defendants, said he advises clients to avoid raising money under the auspices of being a political prisoner if they intend to plead guilty.
“Until they admit they committed a crime, they’re perfectly entitled to shout from the rooftops that the only reason they’re being held is because of politics,” Shipley said. “It’s just First Amendment political speech.”
Shipley said he provided the judge with documentation showing that DeGrave raised approximately $25,000 more than what he paid his lawyers.
“I’ve never had to do it until these cases because I’ve never had clients that had third-party fundraising like this,” Shipley said. “There’s a segment of the population that is sympathetic toward the plight of these defendants.”
GiveSendGo co-founder Heather Wilson said her site’s decision to allow legal defense funds for Capitol riot defendants “is rooted in our society’s commitment to the presumption of innocence and the freedom for all individuals to hire private attorneys.”
The government’s push for more fines comes as it reaches a milestone in the largest federal investigation in American history: Just over 500 defendants have been sentenced for Jan. 6 crimes.
Judges aren’t rubber-stamping prosecutors’ fine requests.
Prosecutors sought a more than $70,000 fine for Peter Schwartz, a Kentucky man who attacked police officers outside the Capitol with pepper spray and a chair. U.S. District Judge Amit Mehta sentenced Schwartz this month to more than 14 years in prison — one of the longest so far in a Capitol riot case — but didn’t impose a fine.
Prosecutors suspect Schwartz tried to profit from his fundraising campaign, “Patriot Pete Political Prisoner in DC.” But his lawyer, Dennis Boyle, said there is no evidence of that.
The judge “basically said that if the money was being used for attorneys’ fees or other costs like that, there was no basis for a fine,” Boyle said.
A jury convicted romance novel cover model John Strand of storming the Capitol with Dr. Simone Gold, a California physician who is a leading figure in the anti-vaccine movement. Now prosecutors are seeking a $50,000 fine on top of a prison term for Strand when a judge sentences him on Thursday.
Strand has raised more than $17,300 for his legal defense without disclosing that he has a taxpayer-funded lawyer, according to prosecutors. They say Strand appears to have “substantial financial means,” living in a home that was purchased for more than $3 million last year.
“Strand has raised, and continues to raise, money on his website based upon his false statements and misrepresentations on the events of January 6,” prosecutors wrote.
Goodwyn, who appeared on Carlson’s show in March, is scheduled to be sentenced next month. Defense lawyer Carolyn Stewart described prosecutors as “demanding blood from a stone” in asking for the $25,000 fine.
“He received that amount in charity to help him in his debt for legal fees for former attorneys and this for unknown reasons is bothersome to the government,” Stewart wrote.
2023.05.28 20:27 K-TheNeurodivergent New to Reddit AND r/NoFap
2023.05.28 19:41 thisgingercake Environment - "Poison in the Air" - The EPA allows polluters to turn neighborhoods into “sacrifice zones” where residents breathe carcinogens.
2023.05.28 18:12 psychon998 pelosi gets involved in taiwan
2023.05.28 18:07 UniversityOk8598 This was news worthy in Mexico
2023.05.28 17:24 -et37- Custom Nation Spotlight #6: Fordlandia
2023.05.28 17:00 _call-me-al_ [Sun, May 28 2023] TL;DR — This is what you missed in the last 24 hours on Reddit
2023.05.28 16:41 No-Cheesecake-8472 The Telegraph------ The ‘ruthless’ axeman carving out a new future for Rolls-Royce ----------- Howard Mustoe Sun, May 28, 2023 at 2:00 AM PDT
2023.05.28 15:46 MGK_2 I Tell You A Mystery
Welcome here folks. It becomes a little too obvious to me on what is going to happen. It is not if, it is when. Let's reveal the thinking on why I say this. It all goes back to the Mystery on the 2022, mid-summer daydream run up. We are living in strange times. You don't need me to tell you that. From the surface of it, it appears as if we are going to hell in a handbasket, it is almost as if we are about to fall off a cliff, however, that hasn't happened, at least not yet. I get it, though at times, it may seem that I don't. The things we have experienced holding this stock are not normal, but neither are the times.submitted by MGK_2 to LeronLimab_Times [link] [comments]
In the long term, Leronlimab shall become the CCR5 blockade of choice, the Gold Standard. That shall happen. It will be written into the medical journals and text books as the monoclonal antibody which cured humanity of HIV and shall become the standard of care in NASH and metastatic malignant tumors. Many of us here already know that this shall happen. So, I wanted to know more about Leronlimab and in order to explore LL, you need to know the company CytoDyn behind it and so I put together this page to help me understand them.
Both myself and a buddy of mine who you also may know, u/psasoffice do come together on occasion to lay down the dirt on that what it is. Today then becomes another instance of yesterday's conversation. I say this to say that in much of what follows, I am the messenger. The bike messenger who picks up the package, reads it while I peddle along, and then deliver it to you soon after the discussion. And let me tell you, u/psasoffice puts together the pieces, a puzzle master where no plot or twist is beyond his x-ray vision. As a matter of fact, He has been behind much of what I've written for over the past 6 months now; it might have been since October or even September of last year, when he sent me something which peaked my interest indicating that he liked what I was putting down, and then, with his perspectives and insights, it just kept expounding. You can see what I've written here , but somewhere around this post , I began talking with u/psasoffice and many of the articles thereafter have his influence.
There were many indications or hopes set that the hold will lift by a certain date. That didn't happen. It has been my notion, (not necessarily u/psasoffice's notion, but it may be), that when we see that Peace and Safety become raised of concern, then it shall be then when the hold lifts. Well, next week, America may default on its debt so then, the markets could quiver. That could lead to unrest. What I've said is that when there is rampant havoc & distress all around, and the masses screaming for Peace and Safety, so it is then when things shall begin for CytoDyn. I said it before and I'll say it again, that when this time arrives, we best remain still, stalwart, confident and quiet. We have seen the signs of where we are headed, and know, we have arrived, we are there. We have taken the exit off the highway and are nearing our destination. Therefore, when the strong winds blow, take a strong, solid and stout stance and know, that this moment was just one of the reasons why you bought your shares. This Initiating Juncture and the events which follow the triggering event of lifting the hold are not that far off, but rather, they are right around the corner. Actually, we have reached the destination, so get out of your car, take a breather and stretch. Shut your engines off. We are there. We did it. We've reached that point. Patience is a virtue. I sincerely appreciate all of you on this difficult journey together.
We have been living the same day again and again, like its Ground Hog Day over and over. All of us have been under the impression that all has been done. That all has been submitted. We understand that no more than 30 days should pass from the day the last submittal was sent before a Result is issued. However, we have the same lack of result day after day. Such a grueling process, what does all of this mean? It means that we have gone through the required process for so long and have paid a huge price, but despite becoming emaciated and haggard, we have finally arrived. Our heads were forced under water by manipulative hands for so long, fighting us against our wills to survive. Finding ourselves running out of air, we finally break free from the over whelming strength of that grip and take that needed breath. Those still here after so long shall find the answer they seek since their desire for this answer is as much as their desire for that breath of air. A Breath of fresh air is well worth the wait when forced underwater indefinitely, outside of your personal control.
Just 2 weeks ago, Cyrus took a leave of absence due to illness. Cytomight sensed he had something going on, but he probably was trying to stick it out, but in the end, he had to leave and now requires time to recover. Lets hope that when he recovers and is able to return, that the Result is already in by then. We already know that the Result shall be a positive one. Lets hope that on the day which he returns, that the NDAs, partnerships & collaborations which are all contingent on the hold being lifted have all or some, been already signed and activated, thereby allowing Cyrus to return as CEO. Wait! How can these agreements be signed if Cyrus lies in bed? Oh yeah, I remember now, we do in fact have an interim President Antonio Migliarese who is already versed in the signing these official agreements. What a Team Cyrus has put together. I love the profound wisdom of this strategic team and proud to own a part of it.
We recently got some awesome news in the way of CytoDyn's newly hired CMO, Dr. Melissa Palmer, who is nothing but a NASH specialist and long time expert in the field of Hepatology. Also, CytoDyn hired Dr. Salah Kivlighn, who has a rare blend of science and business acumen and has 15 years tenure at Merck & Co. What does that tell you? NASH is CytoDyn's #1 indication. Management at CytoDyn has been communicating that NASH is #1 on the docket for clinical trials since the time that Cyrus came on board, because it was his team which established NASH as having the highest revenue potential. Cyrus has been telling shareholders that NASH is to be CytoDyn's own, that is, without partnership, but this is becoming increasingly more difficult to adjudicate.
If CytoDyn does in fact have a clinical trial for NASH in design and development and in the running, then the Mystery of which I speak is, how does CytoDyn pull this off?
Lets look at some of the details. A Phase 2 clinical trial for NASH would be pretty expensive ($35-50 million) and large, (150 to 200 patients) and it could take 12-18 months before we see any results. In the 12/7/22 R&D Update, Management stated that they had hoped to initiate it by 3q 2023 and to be fully enrolled by end of 2023.
As a reminder of the 12/7/22 R&D Update Investor Deck found here. :
First off, we know for sure, that the NASH clinical trial will not be entered into until the hold lifts. Once the hold lifts, we can expect near immediate revelation of how this will be accomplished. But, we can speculate as to how this will get done. u/psasoffice suggests that if we follow the money, we can find our answer. But you might ask, What money? We don’t have any. So then, what if we follow the share price?
Remember back to mid-summer 2022, when Cyrus was hired as President, share price was low and even fell following his hiring, but soon thereafter, in late July through August of 2022, the share price rapidly rose to $1.26 per share and then progressively diminished once again over the course of ensuing 6-9 months to where it is today.
Lets take a look at this so we can get to the secrets which will be revealed, where we can open the doors of the collaborations. You may ask, How did we get someone to accept a collaboration? When were the collaborations accepted? Along with Mazen Noureddin and Jonah Sacha, Cyrus presented the R&D Update Investor Deck on 12/7/22 and he was able to say all the things which were said then 6 months in advance and he said them essentially in a DEFA14A SEC filing. The forecasts made in this document and in this presentation were filed with the SEC in an 8-K.
So then, how long before Dec 7 did Cyrus know that the very things which he would plan for the company which he wrote about in the Investor Deck were so very possible to file it with the SEC? Let's say he knew of the strength of his forecast say 1-2 months in advance. Therefore, by mid October he was aware of secret agreements, Cyrus must have known of specific collaborations which would allow those prognostic statements to be made in the Investor Deck, but which were predicated upon the hold being lifted. Therefore, How long did it take Cyrus and collaborators to sit down and make the agreements of NDA? Again, another 1-2 months? So by August, 2022?
Now you can see why the share price inexplicably rose in July / August, 2022. A Collaboration on a NASH clinical trial occurred which also explains the result of these words spoken on 6/30/22 Conference Call by Scott Kelly after his trip to EASL in London: "37:10 Scott Kelly: OK, so we certainly acknowledge being more metered and conservative in our publicity. We will be announcing important presentations and studies on a going forward basis. Regarding the NASH, about how NASH attracted partnerships*, we just presented the PDFF and cT1 and biomarker data at* EASL in London*, just to shed some color on the importance of the EASL meeting, there were over* 7,000 delegates present or online from 114 countries*. There were* 1,722 abstracts presented*. There were only* 4 poster presentations selected for a walking tour with the chairman at EASL. And We were one of those 4*. I was present and I can tell you, it was* well received by the scientific community*. We* can not comment on potential partnerships. But there are multiple opportunities for NASH and NASH HIV."
What also happened in August? Only the removal of the first management player who’s experience was in Negotiation and Partnerships, Brendan P. Rae. No longer any necessity for Negotiation? I guess not. As time went quickly by, without any word of what was taking place, the share price began to fall. It became uncomfortably obvious that by mid November, Recknor had been let go. He was CytoDyn's most experienced scientific, medical and managerial player for NASH, but in the game of a collaboration, anyone and everyone is a commodity and all are replaceable. On the same topic, a significant stock bonus was paid to the president in September of last year after only two months on the job. Was a deal struck? Also, our very own CMO, Scott Kelly who coined the phrase: “There are many ways to structure a partnership.“ himself gets terminated in December 2022. A CMO possessing far more experience in the #1 indication than he could ever have was already being eyed and prepared to take that role for the biggest proving ground party that will show that Leronlimab eradicates steatosis and fibrosis in NASH and NAFLD. Welcome Dr. Palmer.
Once the NASH deal was struck in July/August, it wasn't long before the share price began to rise but just as quickly, it fell as well. Rumors of a partnership must have gotten out, the price ran way up, but then later, in late August, down it went. The stock price dropped because there were no announcements by either party backing the deal. That’s due to the fact that it is contingent on the hold lifting and that it could be a year out before this collaboration moves forward. The collaboration was put on hold along with the clinical hold. It was not revealed outright and therefore, shareholders were not aware of it, but it still exists and therefore CytoDyn remains confident. It is not a traditional partnership, but rather a non traditional one which we may use to answer the questions of how can the NASH trial be funded and how can CytoDyn have the utter confidence to put together such a timeline for proceeding in such a large scale Phase 2 trial in NASH without possessing the necessary funds itself.
How then can we define a Non traditional partnership? CytoDyn will not get a large upfront payment. Instead, CytoDyn continues on its own, however, all the CRO work shall be done by our collaborator. What’s is in it for the collaborator? They run the NASH trial because they believe Leronlimab helps their drug get over the finish line. But Cyrus was saying NASH would be Leronlimab monotherapy and wouldn't be combination therapy. CytoDyn just can't go it alone, it is too small, and a hard luck story company which has failed in its history thus far at every turn. For NASH, u/psasoffice is thinking GSK, while I'm leaning towards Merck.
All of us know that Leronlimab could do it alone in NASH, but that’s not how the Pharma game is played. CytoDyn needs help, and it has 4 different plays, and each play is devoid of a deep enough data pool which would bring in funding for that indication. Cyrus' long term goal is to build out a strong enough clinical trial data pool to present it to a partner or a buyer. So then, without any cash of our own, Cyrus' plan is to have someone else's funding, partner with CytoDyn and build for us that data pool and in the end, have exactly those same partners compete for the entirety of it, for the whole or part once that data pool is firmly in our grasp.
The same story goes for HIV-Prep and HIV-Cure which is probably being run by the 3rd party Research and Development Bio-Tech company Vir, in collaboration to develop the long acting or a more longer acting molecule of CCR5 blockade. Vir is pretty much a given with Scott Hansen's strong connections there. This was kept secret, but somewhat hinted at by Cyrus in the 4/11/23 Webcast .
We can apply the same logic in the Oncology study being run by MD Anderson using Merck's Keytruda in combination with Leronlimab. We had all been waiting to find out what had happened with the results of the MD Anderson study, and Cyrus threw us this line: "Leronlimab is currently being trialed in combination with Keytruda (pembrolizumab) in a breast cancer xenograft model in partnership with MD Anderson Cancer Center." From here, he gave us a hint of what is to come.
It can be assumed that as these collaborations are announced, there shall be share price inflection. In his astute fashion, Cyrus has given us the secrets, but, because of these strange times, the share price has not yet moved. But what it has done is it has held us here, because we are above the times. And we may be seeing a default on the debt in the coming week as well, but remember to remain strong.
CytoDyn knows its has a problem. Therefore, while our collaborators are running these trials for us, CytoDyn itself, remains detached as we pursue other similar non traditional collaborations. The perishable, flesh and blood CytoDyn uses the strategy of its intellect and the power of its IP to become the imperishable CytoDynasty. As Leronlimab has many, many, many indications, so shall CytoDyn have many, many, many collaborations. This is the direction until Merck goes up against GSK who bids against TAK , (thank you Jake!!), for the likes of little CytoDyn who at that point, possesses the grand data pool which Cyrus coveted which was freely obtained in only a few short years of time well spent.
Oh Black Hole, do yourself a favor and swallow and regurgitate everything you just read. Where then shall you find your victoryzzy? I see you stabbing yourself and choking on your own stinger of death. Cyrus spelled it out for you dumb ass. Watch it happen before your blind eyes and you still will deny it even occurred. Oh, I hear it at the door knocking. But you are both deaf and blind. Why are you here? Only to be robbed and the longer and deeper you choose to remain here, the worse it will be for you. However, it is easily avoidable. Cut the short position and go long.
2023.05.28 15:42 Glad-Raspberry1712 You Learn Things Watching Gilmore Girls!
Gilmore Girls came in handy when solving this crossword clue 🤣 typed in CULDESACS, then heard Lorelais voice in my head say "the plural of cul-de-sac is CULS-DE-SAC"submitted by Glad-Raspberry1712 to GilmoreGirls [link] [comments]
2023.05.28 14:55 djwildstar First Road Trip in ER Lariat
My wife and I recently completed our first road trip in the new Lightning ER. The photo is of the truck’s first ever DC fast charge, which happened to be next to a Pro. The trip was from Atlanta GA to Point Pleasant WV, overall about 1200 miles round-trip (and yes, for some crazy reason, our first long trip was to roughly the middle of one of the largest DC fast-charging deserts east of the Mississippi). Overall, I would say that the truck performed well, but there are still issues with long-distance driving in an EV.submitted by djwildstar to F150Lightning [link] [comments]
I used ABRP to plan the trip — the overall route was Atlanta - Chattanooga - Knoxville - Lexington - Point Pleasant, and the reverse to get home. We stayed overnight in Chattanooga, Huntington WV, and Point Pleasant. Level 2 J1772 charging was widely available in Chattanooga — I parked at a ChargePoint in a garage across the street from our hotel, and paid $8 for charging and $7 for parking … compared to the $14 the hotel wanted to charge to park in their lot. I was able to fully recharge from a Tesla destination charger in Huntington using a TeslaTap adapter (the hotel was pretty terrible, but the charging worked). Our hotel in Point Pleasant didn’t have a charger, but kindly offered me a 120V 20A plug, but the Lightning’s inability to accept more than 10A from a Level 1 charger limited the charge I could get (which significantly impacted our drive home).
I used Electrify America fast charging at Williamsburg KY, Georgetown KY, Knoxville KY, and Chattanooga TN (in most cases on both the outbound and return legs). There was never a stop where Plug-and-Charge didn’t work, never a stop where I couldn’t charge … but out of 6 charging stops, only two charged at 100kW or more, and only one exceeded 150kW.
The truck got between 2.1 and 2.3 miles/kWh on the highway portions of the trip. In general, I drove about 5 MPH over the posted speed limit, so much of the trip was done at 75 MPH. I don’t fully trust FordPass charging or trip logs, because for one segment it reports that I went nearly 150 miles on 0.4kWh, for a whopping 425mi/kWh (see the screenshot above). During the trip I got more comfortable with the guess-o-meter as it burns down range remaining in the battery versus distance to the next stop.
During the trip I learned to use the truck’s built-in navigation, and in general like it better than attempting to use ABRP over CarPlay. I wasn’t able to figure out how to completely mute the navigation system’s prompts , but did manage to change them from voice to chimes. In my previous vehicle (a Ford Flex), I was able to completely mute the navigation, which was nice.
The biggest issue is charging at the far side of a parking lot in a rural Walmart — in general, we didn’t feel safe, either in the store, in the parking lot, or at surrounding businesses. During this trip, we had two encounters (one at Walmart and one at a nearby restaurant) where customers were actively hostile towards us.
In general, the DC fast-charging experience is not as good as a typical chain gas station (RaceTrac, QuickTrip, etc.), and I would really like to see a concept like a DCFC Buck-ee’s proliferate. At a minimum, we should really have covered, pull-through charging locations with trash cans and windshield squeegees adjacent to the chargers. Having restrooms, snacks, and drinks nearby (not all the way across a big box store parking lot) would be a huge plus.
To say that FordPass is buggy is an understatement. I work in the computesoftware industry, and I’ve put developers on notice for less. If nothing else, their testing regime and release process needs a revamp. In addition to the buggy trip logs, the charge completion estimates were basically random numbers: it would often project that fast charging would be finished an hour or so before it started, or that Level 2 charging would take 10 to 15 minutes.
My wife isn’t the most patient person, so 30-40 minutes spent charging is a half-hour wasted compared to an ICE vehicle. On top of that, I also planned poorly — having heard that Electrify America is unreliable, I’d planned more-frequent stops than strictly necessary. On the return trip I could have skipped at least one, and possibly two charging stops. So overall, the return trip (which was ~600 miles all in one day) was excessively long.
She also felt that the seats weren’t as comfortable as the ones in our previous vehicle (the afore-mentioned Ford Flex), and that climbing in and out of the truck is awkward for her (she feels as if she might fall and hurt herself). I’ve asked for recommendations on these issues in a separate post.
2023.05.28 13:28 GJW2019 9 Days in Rome
2023.05.28 13:24 Perkelton Weekly Crowdfunding Roundup: May 28 2023 30 ending soon (incl. Monster Hunter World Iceborne: The Board Game, Botany) & 21 new this week (incl. Carson City Big Box, Age of Steam Deluxe Expansion Volume IV + Acrylic Track Tiles)
|BOTANY: Flower Hunting in the Victorian Era||Experience the thrill of the hunt in Botany: the ultimate Victorian flower collecting game for 1 to 5 botanists.||11148||$780,234.00 (15605%) in 26 days||2023-06-01||Kickstarter 2‑5 players age 10+ 45-90 min.||🎉💰🔥🌱||BGG|
|Monster Hunter World Iceborne: The Board Game||Hunt massive monsters with giant weapons in this co-op boss battler board game! ⚔️ Based on the hit video game.||9199||£1,326,230.00 (884%) in 10 days||2023-06-01||Kickstarter 1‑4 players age 14+||🎉💰🔥🌳||BGG|
|Dead Cells: The Rogue-Lite Board Game||Explore the ever-changing island of Dead Cells in this ruthless co-op metroidvania dungeon crawler. Explore. Kill. Die. Mutate. Repeat.||8222||CA$1,003,754.98 (2008%) in 12 days||2023-06-02||Kickstarter 1‑4 players age 14+ 45 min.||🎉💰🔥🌱||BGG|
|Leviathan Wilds||A solo & co-op, boss-battling board game about climbing massive creatures. From the designer of Imperial Assault.||3227||$163,972.50 (1640%) in 19 days||2023-06-01||Kickstarter 1‑4 players age 10+ 45-90 min.||🎉💰||BGG|
|Raising Robots||Gear up for an expert level, engine-building game with simultaneous play and adorable robot companions.||2509||$168,802.00 (844%) in 19 days||2023-06-02||Kickstarter 1‑6 players age 14+ 60-90 min.||🎉💰🌳||BGG|
|Axe-A-Lot-L||A quick, chaotic card game for people who love axolotls. And also axes.||2073||$34,193.50 (263%) in 25 days||2023-06-02||Kickstarter 2‑4 players age 7+ 15-25 min.||💰||BGG|
|Detective: Saints and Sinners||Detective: Saints and Sinners is the newest expansion for Detective: City of Angels, which is an epic narrative-driven board game set in the dark and violent world of 1940's Los Angeles. Most players will step into the shoes of LAPD Homicide detectives that will do whatever it takes to solve the cas…||1436||$93,705.15 (469%) in 12 days||2023-06-03||Gamefound 1‑5 players 120 min. Cooperative||💰|
|Wishland: Dreams from America||Expand your own theme park in this tableau building, worker placement & point salad eurogame for 1 to 5 players.||1264||€69,681.00 (465%) in 26 days||2023-06-02||Kickstarter 1‑5 players age 12+ 60-120 min.||🎉💰||BGG|
|Cities of Venus||A Euro Board Game where players establish floating cities in the clouds of Venus before contact is lost with Earth||1048||CA$112,269.59 (561%) in 26 days||2023-05-31||Kickstarter 2‑6 players age 8+ 45-90 min.||💰🌳||BGG|
|Warzone Eternal||An officially-licensed skirmish miniatures game set in the techno-fantasy Mutant Chronicles universe.||727||$140,963.00 (201%) in 26 days||2023-06-01||Kickstarter 2 players age 12+||💰||BGG|
|Chiefdom: a Worker Placement Roll & Write Game||A single sheet, 3 dice, much fun||702||€2,307.00 (2307%) in 13 days||2023-05-31||Kickstarter 1‑6 players age 8+ 30 min.||💰🌱||BGG|
|disrupt||Become Silicon Valley's new Unicorn Startup! A fully asymmetric economic board game with worker placement and card-driven mechanics!||547||€19,384.00 (242%) in 12 days||2023-06-02||Kickstarter 1‑4 players age 14+ 50-90 min.||🎉💰🌱||BGG|
|Gettysburg 1863||Volume IV in Worthington's Civil War Brigade Series. Refight the battle of Gettysburg on the largest mounted board we have ever made.||468||$53,665.00 (2881%) in 13 days||2023-06-03||Kickstarter 1‑2 players age 13+ 120-600 min.||💰🌳||BGG|
|Holy Guacamole||A church game for party people.||462||$28,974.00 (232%) in 26 days||2023-06-01||Kickstarter||💰|
|Roll and Control||Conquer the land in this roll and write game. Area control board game in print and play format.||422||€2,893.00 (1447%) in 20 days||2023-05-29||Kickstarter 1‑4 players age 10+ 20-45 min.||💰||BGG|
|Unhappy Campers: Camping has never been so miserable!||A strategic and sarcastic camping-themed card game where players race to build campsites and roast other campers!||386||$14,327.00 (260%) in 40 days||2023-06-02||Kickstarter 2‑6 players age 12+ 30-60 min.||💰🌱||BGG|
|Drakerion TCG||Dark Fantasy Trading Card Game - Join us on Discord https://discord.gg/EhSCqCfvcC||335||€137,191.00 (343%) in 30 days||⚠️ 2023-05-28||Kickstarter||💰🌱|
|One Page Space||Print one page at home and start the game. You have to defeat the alien armada that has invaded the Earth colonies||322||$2,318.90 (232%) in 24 days||2023-06-02||Kickstarter 1 player age 8+ 15-40 min.||💰||BGG|
|18Rhl-Rhineland||Cross the Rhine with railway lines and run the Rheingolg-Express for maximum profit!||289||€22,053.00 (88%) in 15 days||2023-06-02||Kickstarter 3‑6 players age 14+ 240 min.||BGG|
|Lindyhop the Card Game||A cooperative card game for two people about swing dancing.||252||NZ$11,079.42 (170%) in 30 days||⚠️ 2023-05-28||Kickstarter||💰🌱|
|Personal Preference - Updated Edition||An update on the wildly popular 1980's 'how well do you really know each other?' party game, by original creator Don Carlston||228||$27,339.00 (109%) in 28 days||2023-06-01||Kickstarter 2‑16 players 40 min.||💰🌱||BGG|
|Premium Card Sleeves||Premium card sleeves for your board games with the best price. Each pack per 1 euro, easy!||203||€11,339.00 (756%) in 33 days||2023-06-02||Kickstarter||💰🌱|
|Havoc! The Combat Card Game||A fast-paced cards-and-dice game of medieval combat.||202||$20,372.71 (204%) in 26 days||2023-06-01||Kickstarter 1‑10 players age 14+ 20-120 min.||💰||BGG|
|Al Chile-Balconea a tus amigos||El juego perfecto para balconear a tus amigos y saber que piensan en realidad de ti.||198||MX$218,896.80 (116%) in 33 days||2023-06-03||Kickstarter||💰🌱|
|"RustBots - The Robot Building Card Game"||"RustBots" is a turn-based strategy card game for 2 to 6 players. Compete against your friends to become the ultimate engineer!||192||$15,680.00 (105%) in 26 days||2023-06-01||Kickstarter 2‑6 players age 8+ 30-60 min.||💰🌱||BGG|
|Which Craft? - A fast-paced game of deduction and bluffing.||Players must capture an evil Witch before she can gather enough potions to unleash a terrible curse upon the village!||157||$7,912.00 (132%) in 26 days||2023-06-01||Kickstarter 4‑7 players age 10+ 10-30 min.||💰🌱||BGG|
|ORAO - Oint Generation||Be the leader of the new mankind in this 1vs1 card game. Manage resources on a checkered gamefield to survive. Your choices are crucial||155||€11,038.69 (1104%) in 39 days||2023-05-31||Kickstarter||💰|
|Tablut | ancient Norse board game + 4 more historic games||A classic Viking game of siege and escape and 4 other "large-format" Peg Pastimes games.||129||$10,146.00 (254%) in 23 days||2023-06-04||Kickstarter 2 players age 8+ 45 min.||💰||BGG|
|KINGS of ROME||Lead Rome to its eternal glory in this historical boardgame||121||€7,809.00 (156%) in 24 days||2023-06-03||Kickstarter 1‑4 players age 10+ 180-360 min.||💰||BGG|
|9th Circle: a Diabolical 2-5p game of Take-That Area Control||Take your place as a Demon Lord vying for the favor of Malacoda while you fight for control of the realms!||86||$4,560.00 (152%) in 12 days||2023-06-02||Kickstarter 2‑5 players age 14+ 60 min.||🎉💰||BGG|
|Carson City Big Box||The Carson City Big Box edition is a complete collection of everything that Carson City ever offered, all expansions and an all new solo mode are included.||1359||€121,782.00 (304%) in 5 days||2023-06-14||Gamefound 1‑6 players 120 min. Area Control||💰🔥🌱|
|Age of Steam Deluxe Expansion Volume IV + Acrylic Track Tiles||A fourth Expansion Volume for Age of Steam Deluxe plus accessory Acrylic Track tiles.||1121||$123,242.73 (548%) in 3 days||2023-06-09||Gamefound 1‑6 players 120 min.||🎉💰🔥|
|The Medusa Report||A thrilling tabletop puzzle adventure about a missing spy, a nuclear physicist and Cold War family secrets.||687||€47,014.00 (392%) in 5 days||2023-06-20||Kickstarter 1‑5 players age 14+ 100-240 min.||🎉💰||BGG|
|RUSE - INSTINCTS OF THE DEN||Fox-themed Euro-style strategy game. Unique design with worker placement, territories exploration, resource and dice management.||566||CA$58,273.29 (216%) in 5 days||2023-06-15||Kickstarter 2‑4 players age 12+ 50-100 min.||💰🌱||BGG|
|Murder on the Moon: An immersive puzzle adventure.||Escape room in a box that combines puzzles, technology and a thrilling story to help you solve a murder... ON THE MOON!!||479||£30,639.00 (306%) in 6 days||2023-06-22||Kickstarter 8‑24 players age 18+||💰🌳||BGG|
|McBaron - Bravery in the Sky||An action-packed solo Print and Play Wargame. Fly over the battlefield, accomplish missions, and prove your bravery!||432||€1,827.00 (1827%) in 6 days||2023-06-09||Kickstarter 1‑2 players age 12+ 20-30 min.||💰||BGG|
|SlackJack - A Pirate Game of Bluffing and Deception||A 10-minute game of blackjack and social deduction for 4-8 players!||362||$8,961.00 (179%) in 5 days||2023-06-10||Kickstarter 4‑8 players age 10+ 10-20 min.||🎉💰🌳||BGG|
|El Burro: A La Granja Game||El Burro is a new standalone game where you are developing your farm but have to move your goods to the port of Palma. The game uses multi-purpose cards and dice-drafting like La Granja.||281||€22,743.00 (91%) in 2 days||2023-06-11||Gamefound 1‑4 players age 12+ 75-150 min. Card Game Dice Game||BGG|
|『ゾンビサイド2.0』 日本語版||現代版ゾンビサイドの第２版が、日本語版になってついに登場！ 高品質のフィギュアと、遊びやすくなったルールを、拡張セットと共にお届けします New Japanese Edition. This project is only available in Japan.||259||¥11,939,509 (1194%) in 6 days||2023-06-07||Kickstarter||🎉💰🌱|
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2023.05.28 03:41 palocci The Brazilian "Secular Stagnation" and what Lula can do about it
Introductionsubmitted by palocci to SocialDemocracy [link] [comments]
Here's another effortpost on Brazil! This time I'll be talking about why the Brazilian economy stagnated, and what we can expect from Lula in terms of economic policy (I've talked about this in the past but now I'll go into more detail).
Between 1920 and 1980, Brazil was a clear economic success story. For 60 years, our GDP per capita grew at an average of 4% a year. This 'golden age' ended in a hyperinflation crisis, which made the 1980s become known as a 'lost decade', and since its resolution in 1994 with the Plano Real, our economy has experienced minimal growth: from 1980 to 2020, the average GDP per capita growth rate was only 0.7%.
Evolution of the Brazilian per capita product, at 2010 prices, from 1900 to 2021. The scale of the graph is logarithmic in base 2.
In this post, I'll try to explain the reasons for Brazil's low growth in the last four decades and what Lula's plans are to address them.
Before delving into the actual causes of the "semi-stagnation", I would like to explain the economic debate in Brazil. This debate revolves around two major groups of economists: the "developmentalists" and the "liberals." The term "developmentalism" may be unfamiliar to many people here, but it is very present in Latin America. A decent explanation for it could be "dirigisme with Latam characteristics."
In short, liberalism in this context is associated with economic orthodoxy and a pro-market orientation in economic policy, while developmentalism leans towards economic heterodoxy and advocates for direct state interference in the economy. This debate is, in theory, separate from the traditional right versus left political divide, as we have had governments from both ends of the political spectrum adopting policies aligned with either school of thought. For instance, Lula I (2003-2007) represented a left-wing liberal government, while Geisel (1974-1979) presided over a right-wing developmentalist government. However, in practice, liberalism is associated with the right-wing while developmentalism is associated with the left-wing.
One area of major divergence between those two groups is full employment. Liberals argue that the Brazilian economy generally operates at full employment, which means that there are well-defined supply-side limits and restrictions in the economy, whereas developmentalists believe it tends to operate below that level. This implies that the economy's natural state is one of perpetual aggregate demand deficiency, and thus the government could just increase spending to mobilize idle production factors and stimulate economic growth.
Furthermore, liberals typically view direct state intervention in the economy with distrust, opposing increased public investments in infrastructure and most forms of industrial policy. Their preference generally leans towards reducing government spending and relying on a 'crowding in' effect, together with supply-side reforms. Conversely, developmentalists perceive state intervention as a necessity to stimulate the economy, favoring a robust industrial policy and increased public investments.
Those are significant oversimplifications, and many economists do not align themselves with either group. In any case, I would say this categorization reasonably represents the current debate.
It's a tradition in Brazil to divide ministries between liberals and developmentalists to ensure a balance between the two. The current Finance Minister, Fernando Haddad, believes in a middle ground approach, with some of his secretaries (e.g., Guilherme Mello) leaning more towards developmentalism, while others (e.g., Bernard Appy) lean more towards liberalism. Planning Minister Simone Tebet and Industry and Commerce Minister Geraldo Alckmin are firmly in the liberal camp. However, due to the nature of his ministry, Geraldo Alckmin will probably concede more to developmentalist policies (as he's already doing). Aloizio Mercadante, the President of the National Bank for Economic and Social Development (BNDES), is considered the leader of the developmentalist branch of the government, along with Workers' Party President Gleisi Hoffmann (some people jokingly refer to her as the main opposition to Fernando Haddad and the 'Twitter Shadow Finance Minister' due to some of her tweets).
Without further ado, let's get to the causes of Brazil's stagnation.
Guido Mantega (Finance Minister between 2006 and 2014) and Antônio Palocci (Finance Minister between 2003 and 2006). Mantega is associated to developmentalism and Palocci to liberalism.
First of all, the significant growth of the 20th century left a terrible educational legacy. Brazil only began to have a somewhat consistent educational policy in the 1990s and 2000s, when basic education was universalized. To put it into perspective, in 1990, the average number of years of schooling in Brazil was 3.8 years. Even Sub-Saharan African countries like Congo, Zimbabwe, and Zambia had higher average schooling levels than ours. Approximately a quarter of the population were illiterate.
The key change came with the 1988 Constitution, which decided that Brazil would try to become an European-style social democracy. Since then, considerable progress has been made, but clearly not enough. The main educational bottleneck lies in Elementary School II, which typically spans the ages of 12 to 15. It is during this stage in Brazil that the discrepancy between age and the appropriate grade level drastically increases, leading to higher rates of grade repetition and students falling behind in their education.
This problem is probably related to the transition from a single teacher trained in pedagogy in Elementary I to several specialists teaching only one subject. This transition also occurs at the onset of adolescence, which is naturally a turbulent phase already, with the introduction of drugs, alcohol and various forms of prejudice being normal. The result ends up being a distancing of the student from school.
Two Brazilian states, which have been governed by center-left parties for many years, serve as examples in Brazilian educational policy: Pernambuco and Ceará.
A highlight in Ceará is the Programa de Afabetização na Idade Certa (Program of Alphabetization in the Right Age), which aims to ensure that all students in the state's public school systems achieve literacy by the age of 7. The plan was based on the following pillars: (1) the elaboration of a specialized literacy curriculum that was adopted in all the municipalities, with structured materials for teachers and students containing a daily routine of classroom activities and homework assignments; (2) pedagogical practices to encourage reading in the classroom; (3) financial incentives for the municipalities that achieve better results in education; and (4) evaluation and monitoring of the program, with a census and diagnostic test that is applied at the beginning of every semester.
Pernambuco has implemented a Full-Time High School system that stands out. The system is based on the following pillars: (1) the introduction of a subject called "life project," which encourages students to create plans with goals and objectives for their lives; (2) guided study, providing a space for autonomy in learning and fostering self-directed learning skills; (3) hands-on, practical classes that combine theory and practice; (4) youth clubs, where collective interests of young people are pursued; (5) tutoring, where teachers (tutors) interact with students to support their development; and (6) full-time education, of course.
Both plans have been tremendous successes and could be implemented nationwide. The Member of Parliament Tabata Amaral has proposed the program "basic education like Ceará's, high school like Pernambuco's." We might see that put in practice. Izolda Cela, the mind behind Ceará's basic education plan, is the Executive-Secretary of the Ministry of Education, and the current Minister of Education is Camilo Santana, the governor of Ceará between 2014 and 2022.
Izolda Cela (Executive-Secretary of the Ministry of Education) and Camilo Santana (Minister of Education).
Furthermore, there is a general consensus that the significant decrease in public investment since 1980 explains part of the problem. During the Golden Age of Brazilian growth, public investment mounted to about 6% of GDP, whereas it currently stands at approximately 4% since the lost decade. Liberal economists tend to attribute this to the expansion of the welfare state, that came with a substantial increase in the tax burden (from 25% of GDP in the 1970s to 35% in 2000). On the other hand, developmentalist economists point to the decline in public savings due to the privatization of state-owned enterprises in the 1990s.
In his second government, Lula created the Programa de Aceleração do Crescimento (PAC) (Growth Acceleration Program), whose objective was precisely to expand public investments. Unfortunately, the plan ended up with highly controversial results, primarily due to the low administrative capacity of the Brazilian State and corruption (some like to call the plan the Corruption Acceleration Program!).
But now the Workers' Party has gained new experience. Many of its state governments became famous for extensive investment programs in partnership with the private sector, delivering positive results. Chief of Staff Rui Costa, in particular, had a successful experience with public-private investments during his tenure as the governor of Bahia. He is now expected to lead the "New PAC", which will probably be announced at some point between today and July. (The project still has no name and is provisionally being called "New PAC").
Here's what Rui Costa has said about the project: "We will have, in an unprecedented way, investments with Public Private Partnerships (PPIs) at the federal level. Many states, including Bahia, have made PPI projects. [...] We are negotiating with the Ministry of Finance the conditions for guarantees so that we can leverage these projects."
Lula wants to meet with the 27 state governors to determine which state projects the Union should prioritize for its investments. In recent weeks, Costa has held individual meetings with the state governments to define which projects will be included in the new PAC. In all, eight governors have already been heard.
In a speech on the May 1st holiday, Lula said the following about the project: "We are inviting foreign businessmen to invest in Brazil and we are showing them the great projects that we are going to present in the third PAC. It will be the largest infrastructure project in this country."
Former Governor of Bahia (2014 - 2022) and current Chief of Staff Rui Costa.
Another problem is the early deindustrialization that is taking place in Brazil: we are losing our industry before becoming rich. In the beginning of the lost decade, the industry accounted for one-quarter of the Brazilian GDP, whereas today it represents around one-tenth. The reason for this process is complex, and once again, economists disagree. Liberals point to the new form of production organization that emerged with globalization, where the manufacturing of goods was fragmented into different stages, each executed in different countries. According to this line of thinking, Brazil failed to adapt to the new industrial configuration and remained stuck in an unrealistic autarkic dream. On the other hand, developmentalist economists usually argue that after the end of hyperinflation, Brazil fell into a trap of having an overvalued currency and high interest rates, demolishing the industry's competitiveness. (I am more inclined towards the first thesis, although it is a fact that the Brazilian exchange rate was detrimental to the industry after the Real Plan).
Now I want to talk a little bit about the Brazilian industrial bourgeoisie and its problems. In the 1960s, the then sociologist and future president Fernando Henrique Cardoso published his thesis on the Brazilian industrial entrepreneurs. Based on his research, he concluded that Brazilian industrialists did not have any national project, and (1) "only cared about their personal interests when speaking on behalf of the class" and (2) "[their] political action consists of personal participation in the patrimonialist game." Brazil has a serious problem related to what we call 'patrimonialism,' which refers to the capture of resources from the Brazilian state to benefit private interests.
Unfortunately, industrial policy in Brazil often results in tax exemptions, subsidies, tariff protections, etc., for an inefficient, patrimonialist, and somewhat broken industry that was developed in the 20th century. The Workers' Party itself fell into this outdated corporatism while in power, especially during the first Rousseff administration (2011-2015). It is a shame that advocating for greater state involvement in the economy ends up becoming a defense of those interest groups.
In this sense, I find myself opposed to both liberals and developmentalists. While the latter end up promoting an agenda that only benefits private interests, albeit with good intentions, the former dismiss any state planning, believing in an 'economic abiogenesis.' Since 2016, we have been reducing the role of the state and waiting for a crowding in effect, but with no success. We need strong a industrial policy, but it has to be transparent and not perpetuate the old game of patrimonialism.
In the words of the brilliant economist Laura Carvalho: "We want a State that identifies ways to stimulate technological innovation and product development in partnership with the private sector. But this policy cannot become hostage to the existing private sector. We have remnants of our industry of the 20th century, for example the automobile industry, and when we do industrial policy, we end up just giving incentives to them. This is a state that does not choose winners, but rather is chosen by losers. Those who are struggling in the industry try to eat the resources of the state to survive."
Unfortunately, the signals from the new Lula government are quite negative. Industry and Commerce Minister Geraldo Alckmin recently announced a plan of incentives for the automobile industry, which is essentially the same program that has failed several times in the past. There are positive things coming from his ministry, but few of them have much to do directly with a well-made industrial policy. It's a shame.
His plans beyond industrial policy appear positive, as shown in the following excerpt, at least: "Brazil had an early deindustrialization. Europe also deindustrialized, but ours was precarious and severe. More than reindustrializing, we need a neo-reindustrialization. A central issue is the competitiveness agenda. There is a principle in medicine that says: suppress the cause and the effect ceases. We have to act on the causes of low growth. Our tax model generates an absurd cost for companies. It is not fair. We have an absurd judicialization that leads to legal insecurity and hinders exports. The whole world has a VAT (value added tax. I defend it. I think Haddad is doing well and I am a great enthusiast of the tax reform."
Probably more than any other politician of expression today, Haddad positions himself as a republican and talks about reducing the patrimonialist distortions of the Brazilian public budget. He talks about "closing the drains of what is called Brazilian patrimonialism" and "ending a series of abuses that have been committed against the fiscal base" of the country. He says that many sectors have been "overly" benefited "with rules established over the decades and that have not been reviewed by any outcome control. Many have expired from the point of view of efficiency, and need to be revoked."
Former Governor of São Paulo (2001 - 2006; 2010 - 2017) and current Vice-President of Brazil and Minister of Industry and Commerce Geraldo Alckmin.
Brazilian productivity has been stagnant for decades. What is causing this? The main suspect is the Brazilian tax system. There is an enormous complexity in the various indirect taxes (ISS, ICMS, PIS/Cofins, and IPI), which forces every company to have an excessively large department dedicated to tax payment. Additionally, numerous divergences of interpretation arise between the Federal Revenue, state authorities, and businesses. On every corner of our cities, there is a specialized tax law office to assist companies in dealing with the extremely high level of litigation in our taxation system. To make matters worse, our indirect taxes discourage investment in locations with higher social returns, as the tax complexity and special tax regimes artificially alter the profitability of investments and production. A general simplification of these taxes, with the adoption of a Value Added Tax, could have an impact on the economy's efficiency equivalent to the Plano Real, which ended hyperinflation.
Even beyond the tax issue, the Brazilian business environment is terrible. According to the World Bank's Doing Business 2020 report, which measures the ease of doing business in 190 countries, Brazil ranks 124th. This problem is related to excessive bureaucracy, unexpected judicial decisions, loopholes in regulatory frameworks, and disrespect for contracts.
The Tax Reform is going to be the government's main priority after the approval of the New Fiscal Anchor. Planning Minister Simone Tebet summed up the reform as follows: "The Tax reform is the only silver bullet that we have to save Brazil."
And here's what Finance Minister Fernando Haddad has said about it: "There is no way to grow Brazil's productivity with this tax system [...] We are developing a tax reform that is even more modern, because it introduces in the national tax system a Value Added Tax that solves a good part of the flaws of the current system that, in my opinion, is the great villain for the low growth rates of our productivity." The idea is to approve the Tax Reform still this year (Haddad talks about doing it in the first semester!).
Special Secretary for Tax Reform Bernard Appy.
Brazil has a very closed economy. Among the 160 countries analyzed by the World Bank, the Brazilian economy is only less open than that of Sudan. The average protection applied by Brazil to capital goods is 14 times higher than in Chile and 25 times higher than in Mexico. This is probably the most expressive cause of the low productivity and deindustrialization in Brazil, together with the tax system. Here, I quote the brilliant economist Edmar Bacha: "[The closure of the Brazilian economy during the Geisel government (1974 - 1979)] caused a tremendous drop in the economy's productivity and an increase in the cost of capital goods. And this, I believe, is what lies at the root of our stagnation after the so-called economic miracle (1968-1974). Our industry became unable to compete internationally. And we were forced, because the industry has this extraordinary lobbying capacity, to prevent the redesign of the Brazilian industry to participate in global value chains."
Bacha's argument makes sense: the collapse of GDP growth coincides with the collapse of capital accumulation (the growth rate of the capital stock) after Geisel's government. Why did capital accumulation collapse? Bacha explains that using a decomposition of the investment = savings relationship: K' = s(1/p)v - δ, where K' = capital accumulation, s = savings rate, p = relative price of investment, v = output-capital ratio, and δ = depreciation rate.
Between 1950-1980, the "golden age" of Brazil, K' grew at nearly 9% per year. Between 1981-2014, this number was 3%. Why? Looking at the historical series, the difference is not in savings or depreciation. What happened was that the output-capital ratio fell by about one-third, and the relative price of investment increased by one-third. In other words, the capital requirement per unit of output increased significantly, and at the same time, the price of investment goods rose significantly. According to Bacha, this process occurred between 1973 and 1983, a period in which the Military Government pursued an autarkic economic policy.
The ideal scenario for Brazil would be to open its economy and have an export-oriented industry. The industry we have developed is heavily reliant on our domestic market, without external competition. In the words of economist Nelson Barbosa: "Brazil cannot produce ships, but it can produce airplanes. Brazil does not have car manufacturers, but it has bus manufacturers. Brazil cannot have a domestic production of microelectronics, but it has a good domestic production of electric motors. So we need to study what worked in these sectors to see if it can be replicated in other sectors. All these successful sectors, Embraer, Weg, Marco Polo, are sectors that are competitive in Brazil and in the world. Here is the first clue: correct industrial policies create domestic production that competes domestically and internationally. They are integrated products that import and export extensively. Value chains."
However, an open trade policy without a plan may not be positive either. In Nelson's words: "Development always means increased productivity. Opening the economy can stimulate productivity, but it can also lead to a negative specialization. You can open your economy and become a country that only exports commodities, with an inflated services sector that only sells domestically, with a significant portion of your population relying on informal jobs. Which is what happens in Brazil. So I think trade openness is inevitable, more developed countries are more open, but thinking that just opening up will automatically lead to development is naïve and something we shouldn't do in the 21st century. I believe that strategic trade integration is crucial and necessary for development. Unilateral openness, without any plan, will only reinforce the specialization we already have today."
In any case, it is certain that the current excessive protectionism cannot be maintained. Opening up would allow broader access for companies to (1) cheaper and higher-quality inputs and (2) foreign-produced capital goods and technology, (3) create significant competition effects to invigorate the economy, and (4) create a 'selection effect' that would eliminate losers and favor winners.
But this is the agenda that I am least hopeful about. Trade openness is a topic that faces strong opposition from the Brazilian left and would likely only occur under a moderate center-right government. I hope, at least, that some trade agreements can be reached to open up the economy. The European Union-Mercosur trade agreement would have a significant impact and would be very important but I'm not very hopeful that it'll be approved.
Haddad is still optimistic, though! He said that a more emphatic diplomatic effort will be made starting in the second semester, in a movement that will take advantage of Brazil's leadership in Mercosur and Spain's leadership in the European bloc.
Simone Tebet (Planning Minister) and Fernando Haddad (Finance Minister).
Interest rates in Brazil are much, much higher than the global average. Our credit is scarce and dysfunctional. Lula likes to repeat that Brazil is a capitalist country without capitalism because there is no credit.
Brazil has the second-highest bank spread in the world, second only to Madagascar. This means that banks in Brazil charge very high interest rates for lending money. To give you an idea, Brazil's bank spread is higher than the average observed in countries at war. There are several reasons for this, but some stand out: (1) savings in Brazil have historically been very low (around 20% of GDP), (2) the government consumes a significant portion of savings to finance itself, and (3) the Brazilian banking sector is extremely concentrated, with a few banks dominating the entire sector.
The other issue in this discussion is the current policy interest rate set by the Central Bank. Brazil currently has the highest real interest rate in the world, at around 9%. The debate about whether this interest level is correct or not is quite active in Brazil, with its proponents arguing that the current Brazilian inflation is demand-driven and pointing to inflation in the services sector and core inflation, while its critics argue that inflation is not demand-driven, pointing to the fact that Brazil has had a negative output gap since 2015 and that supply shocks can explain the inflation in services.
This debate is complex, and it is hard to determine definitively which side is right. Nevertheless, the Central Bank is strongly adhering to the first thesis.
The current Chairman of the Central Bank, Roberto Campos Neto (RCN), is the grandson of an economist of the Military Dictatorship and was appointed by Bolsonaro. He will remain in his position until 2024 due to the new autonomy granted to the Central Bank in 2021. In this scenario, Lula engaged in a public war against RCN, urging him to lower interest rates. The situation became tense, but Lula never showed any willingness to take effective action to remove him, remaining only in rhetoric. Throughout the conflict, Haddad positioned himself as a moderate, playing a certain "good cop, bad cop" game with Lula and gaining trust in the financial market. Apparently, Lula intends to nominate former executive-secretary of the Finance Ministry Gabriel Galípolo to replace RCN in 2024. He was recently appointed as director of monetary policy at the Central Bank, and is widely identified as a heterodox economist.
Haddad's current plan is to stabilize Brazil's deficit to allow for a monetary loosening. Here's what he said: "We are not at a point where fiscal expansion is going to help the economy. If there is room for any stimulus, it will be monetary. If we know how to make the transition, there is room for a lower interest rate, you just have to give security to the monetary authority." He does not seem to be concerned about banking concentration, though.
Chairman of the Central Bank Roberto Campos Neto.
The Brazilian economy has seen very little growth since the the lost decade in the 1980s. One of the primary factors contributing to this stagnation is the economy's low productivity. There are several reasons behind this low productivity, including: