Today’s links The largest campaign finance violation in US history: The “greater fools” election. Hey look at this: Delights to delectate. This day in history: 2004, 2009, 2014, 2019, 2023 Upcoming appearances: Where to find me. Recent appearances: Where I’ve been. Latest books: You keep readin’ em, I’ll keep writin’ ’em. Upcoming books: Like I said, I’ll keep writin’ ’em. Colophon: All the rest. The largest campaign finance violation in US history (permalink) Earlier this month, some of the richest men in Silicon Valley, led by Marc Andreesen and Ben Horowitz (the billionaire VCs behind Andreesen-Horowitz) announced that they would be backing Trump with endorsements and millions of dollars: https://www.forbes.com/sites/dereksaul/2024/07/16/trump-lands-more-big-tech-backers-billionaire-venture-capitalist-andreessen-joins-wave-supporting-former-president/ Predictably, this drew a lot of ire, which Andreesen tried to diffuse by insisting that his support “doesn’t have anything to do with the big issues that people care about”: https://www.theverge.com/2024/7/24/24204706/marc-andreessen-ben-horowitz-a16z-trump-donations In other words, the billionaires backing Trump weren’t doing so because they supported the racism, the national abortion ban, the attacks on core human rights, etc. Those were merely tradeoffs that they were willing to make to get the parts of the Trump program they do support: more tax-cuts for the ultra-rich, and, of course, free rein to defraud normies with cryptocurrency Ponzi schemes. Crypto isn’t “money” – it is far too volatile to be a store of value, a unit of account, or a medium of exchange. You’d have to be nuts to get a crypto mortgage when all it takes is Elon Musk tweeting a couple emoji…Pluralistic: The largest campaign finance violation in US history (31 Jul 2024)