a Better Bubbleโ„ข

Kevin Drum ๐Ÿ•ธ

Does Elon Musk really think Twitter is still worth $54 per share?

1 year 7 months ago
Elon Musk took out $13 billion in bridge loans when he bought Twitter—and bridge loans are just that: a short-term bridge until you get permanent financing. Bridge loans are also expensive, so Musk is highly motivated to replace his with lower-cost financing. The Wall Street Journal says he's trying hard to do that: The state ...continue reading "Does Elon Musk really think Twitter is still worth $54 per share?"
Kevin Drum

Are we getting dumber?

1 year 7 months ago
You may be familiar with something called the Flynn Effect. It's named after James Flynn, a researcher who discovered that IQs had been rising about three points per decade for most of the 20th century. The evidence for this has been replicated numerous times and is now accepted as pretty rock solid. I've always had ...continue reading "Are we getting dumber?"
Kevin Drum

Lunchtime Photo

1 year 7 months ago
Yet more astronomy today! I'm a believer in multitasking, so when I go out to the desert I bring both my telescope and my camera. While the telescope is doing its thing, the camera might as well be doing something too. Lately I've been playing with star trails, figuring out the best settings and exposure ...continue reading "Lunchtime Photo"
Kevin Drum

Lunchtime Photo

1 year 7 months ago
Astronomy week continues! I've developed something like a schedule for my astrophotography: Once a month, when the moon starts to cooperate, I head out to Palomar Mountain to do some test runs that give me an idea of which settings (mainly exposure time) work best on my chosen target. Then, a week later, I head ...continue reading "Lunchtime Photo"
Kevin Drum

Xbox has been ruined by woke liberal fanatics

1 year 7 months ago
Yesterday the marketing department at Mars Inc. discontinued the use of their animated M&Ms characters because, um, Tucker Carlson said they were fat lesbians now? Or something. It's not really explainable without sounding like an idiot yourself. But now there's this: Fox News is MAD that "woke" Xbox is changing its power saving mode Earhardt: ...continue reading "Xbox has been ruined by woke liberal fanatics"
Kevin Drum

Yet more classified documents seized . . . from Mike Pence

1 year 7 months ago
Now it's Mike Pence's turn in the barrel: A lawyer for former vice president Mike Pence, a potential 2024 presidential candidate, found what they called “a small number” of documents bearing classified markings during a search of Pence’s Indiana home, according to letters to the National Archives. Search Obama's house! Do it now! I'll bet ...continue reading "Yet more classified documents seized . . . from Mike Pence"
Kevin Drum

Do we need to be more sensitive toward silkworms?

1 year 7 months ago
Kylie Jenner wore a faux lion head to Paris Fashion Week and got a thumbs-up from PETA: In a statement to DailyMail.com, PETA President Ingrid Newkirk praised Jenner and Shayk for possibly making a statement against trophy hunting....Newkirk also urged the fashion stars to give up using wool products, which PETA says leads to the ...continue reading "Do we need to be more sensitive toward silkworms?"
Kevin Drum

Lunchtime Photo

1 year 7 months ago
Today is astronomy week. First up is our newest comet, C/2022 E3, aka "The Green Comet." Comet photography is tricky. Normal subjects, like galaxies or a nebulas, don't move across the field of stars, so you can tell your scope to guide based on star positions and everything will be fine. But if you do ...continue reading "Lunchtime Photo"
Kevin Drum

Incarceration rates for the young continue to drop hard and fast

1 year 7 months ago
Here's an incarceration chart from my buddy Rick Nevin: It looks like incarceration rates went down in both 2020 and 2021, and indeed they did. Between 2019 and 2021 the prison incarceration rate for ages 18-19 declined from 1.07% to 0.84% to 0.55%. For the entire age cohort of 18-24 year-olds, prison incarceration rates went ...continue reading "Incarceration rates for the young continue to drop hard and fast"
Kevin Drum

Raw data: The AP African American Studies test

1 year 7 months ago
You've probably heard that Florida Gov. Ron DeSantis has banned the new AP African American test because it is "inexplicably contrary to Florida law and significantly lacks educational value." No further explanation or detail was provided, so nobody knows precisely what this means. However, if you're curious about which sections of the test probably offend ...continue reading "Raw data: The AP African American Studies test"
Kevin Drum