Saturday Morning Coffee

A few links to things I read this morning:

Not sure what to think about the Omarosa Manigault-Newman thing, but this Slate article gives an interesting take.  I like this part:

Either because or despite the fact that Omarosa once belonged to this lair of liars, one can admire the skill with which she has orchestrated these tapes’ release so as to maximally damage the White House’s credibility just as it was trying to torpedo hers. The tapes are essentially booby traps. Katrina Pierson’s reputation may not be a central concern in Trumpworld, but Lara Trump’s is getting closer; no wonder the White House is scared. Omarosa knows—as even his lawyers do—that a man who lies about everything must be guarded against, and learned that lesson early.

Can’t wait to see who gets caught in the next “booby trap.” Go read.

Senator Elizabeth Warren has a plan to save Capitalism and has introduced legislation.  Over at the Washington Post, Warren answers a few questions for Jennifer Rubin.  Asked about cheating and insider trading, Warren responds:

Sure, it includes insider trading — but it’s a lot more than that. In a well-functioning market, companies compete by providing better products, better service, or better prices. That kind of competition benefits customers and rewards businesses that out-innovate or out-work their competitors.

But when companies can deceive their customers about the quality or price of their products, that’s cheating — and the market stops working. Companies that are willing to deceive their customers are rewarded with more business, while honest companies struggle to keep up. That’s bad for customers and bad for the companies that just want to do the right thing.

Yves Smith explains why she thinks this would be good for shareholders over at Naked Capitalism.  Definitely following this one.

Finally, if you don’t know about XKCD yet, you should go check it out, especially if you’re interested in coding or math.  Great cartoons, including one of my all-time favorites. But if you’re worried about hackers getting into voting machines, this cartoon won’t make you feel better.

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