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Celerity
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Celerity's Journal
March 24, 2024
https://prospect.org/economy/2024-03-22-center-for-a-responsible-federal-budget-criticism-biden/
President Joe Biden speaks at the Intel Ocotillo Campus in Chandler, Arizona, March 20, 2024.
The Committee for a Responsible Federal Budget (CRFB) has long championed a myopic version of federal fiscal policy where the overriding goal is to cut the deficit, ideally by slashing social programs and hiking taxes on the middle class. Their president Maya MacGuineas’s response to President Biden’s budget proposal for fiscal year 2025 is no different. (Fiscal years start in October, which is why the proposal is coming now.) Despite many sweeping reforms that would seriously improve the lives of most Americans—or perhaps because of them—the CRFB hates the Biden budget. Instead, they call on the president to consider cutting Social Security, and criticize tax hikes only being levied on the wealthy. It’s of a piece with the organization’s history.
Let’s start with the details. The proposal boosts revenues and improves tax fairness through measures like raising the corporate tax rate to 28 percent (up from 21 percent), creating an alternative minimum tax rate (AMT) of 24 percent (up from 15 percent) for billion-dollar businesses, increasing the tax on stock buybacks to 4 percent (up from 1 percent), establishing an AMT for billionaires of 25 percent, and taxing investment income at the standard tax rates rather than the lower capital gains rate for families earning over a million dollars a year. Simultaneously, it includes key welfare policies like permanently expanding the Child Tax Credit (CTC), the Earned Income Tax Credit (EITC), and the Affordable Care Act premium tax credits. It also creates a national requirement for paid family and medical leave, invests in low-cost preschool and child care, expands nutrition assistance for pregnant mothers and new mothers with babies or young children (WIC), and shores up Medicare. On top of all of that, the proposal also includes $3.3 trillion in deficit reduction. In short, it’s a package of tax hikes focused almost entirely on the rich, coupled to an expansion of benefits for everyone else, plus a big cut in borrowing.
To be sure, the proposal has its warts. It still allocates nearly $900 billion to military spending, despite the fact that the Pentagon cannot pass an internal audit to save its life. It also increases spending for border control, which could be problematic given the brutality of Biden’s border policy. Additionally, as CRFB is very eager to harp on, there is not a concrete plan to ensure the long term stability of Social Security. That said, the good far outweighs the bad. Given CRFB’s stated goal is to advance policy “proposals to improve the country’s fiscal and economic condition,” they should love Biden’s budget proposal. Lower deficits, securing Medicare, paying for all new spending provisions, expanding investment in clean energy, and reducing child poverty. All things that stabilize the budget and/or benefit long-term economic growth, all while pushing back on economic inequality. And yet, CRFB’s response has been decidedly muted, barely mentioning the highlights and continually criticizing the proposal. Reading CRFB’s reaction to the budget proposal, it is difficult not to notice that every time the statement says something grudgingly positive, there is an immediate “but” right on its tail. For instance (all emphases added):
There are two things worth noting here. First, the hostility toward spending as such, regardless of what it is for. The CRFB claims to be in favor of improving America’s “economic condition,” and many of Biden’s ideas certainly would pay for themselves several times over. A study of free pre-K in Oklahoma, for instance, found its benefits outweigh its costs by 2.65 to 1. Yet this possibility is never explored or even mentioned. Second, the redundancy of the buts—in every case the criticism amounts to “spending bad.” The lack of specific criticisms of concrete proposals—and no mention whatsoever of Biden’s push to increase military spending—leaves the strong impression that the CRFB simply opposes social spending in general. All this gets to the heart of the issue with CRFB: They are not honest about their true priorities. Compare its sniffy critique of Biden’s budget to how it reacted to massive tax cuts for the rich. In a piece last year about extending the Tax Cuts and Jobs Act (TCJA), better known as the Trump tax cuts, CRFB calls for policymakers to “carefully consider which provisions are worth extending, which should be modified, and which should be allowed to expire.” Though the article does admit extending the cuts would be “costly,” suddenly now we should be studying each provision carefully!
snip
The Committee for a Responsible Federal Budget's Bad-Faith Criticism of Biden's Budget Proposal
The organization that claims to champion deficit reduction actually wants to cut your Social Security.https://prospect.org/economy/2024-03-22-center-for-a-responsible-federal-budget-criticism-biden/
President Joe Biden speaks at the Intel Ocotillo Campus in Chandler, Arizona, March 20, 2024.
The Committee for a Responsible Federal Budget (CRFB) has long championed a myopic version of federal fiscal policy where the overriding goal is to cut the deficit, ideally by slashing social programs and hiking taxes on the middle class. Their president Maya MacGuineas’s response to President Biden’s budget proposal for fiscal year 2025 is no different. (Fiscal years start in October, which is why the proposal is coming now.) Despite many sweeping reforms that would seriously improve the lives of most Americans—or perhaps because of them—the CRFB hates the Biden budget. Instead, they call on the president to consider cutting Social Security, and criticize tax hikes only being levied on the wealthy. It’s of a piece with the organization’s history.
Let’s start with the details. The proposal boosts revenues and improves tax fairness through measures like raising the corporate tax rate to 28 percent (up from 21 percent), creating an alternative minimum tax rate (AMT) of 24 percent (up from 15 percent) for billion-dollar businesses, increasing the tax on stock buybacks to 4 percent (up from 1 percent), establishing an AMT for billionaires of 25 percent, and taxing investment income at the standard tax rates rather than the lower capital gains rate for families earning over a million dollars a year. Simultaneously, it includes key welfare policies like permanently expanding the Child Tax Credit (CTC), the Earned Income Tax Credit (EITC), and the Affordable Care Act premium tax credits. It also creates a national requirement for paid family and medical leave, invests in low-cost preschool and child care, expands nutrition assistance for pregnant mothers and new mothers with babies or young children (WIC), and shores up Medicare. On top of all of that, the proposal also includes $3.3 trillion in deficit reduction. In short, it’s a package of tax hikes focused almost entirely on the rich, coupled to an expansion of benefits for everyone else, plus a big cut in borrowing.
To be sure, the proposal has its warts. It still allocates nearly $900 billion to military spending, despite the fact that the Pentagon cannot pass an internal audit to save its life. It also increases spending for border control, which could be problematic given the brutality of Biden’s border policy. Additionally, as CRFB is very eager to harp on, there is not a concrete plan to ensure the long term stability of Social Security. That said, the good far outweighs the bad. Given CRFB’s stated goal is to advance policy “proposals to improve the country’s fiscal and economic condition,” they should love Biden’s budget proposal. Lower deficits, securing Medicare, paying for all new spending provisions, expanding investment in clean energy, and reducing child poverty. All things that stabilize the budget and/or benefit long-term economic growth, all while pushing back on economic inequality. And yet, CRFB’s response has been decidedly muted, barely mentioning the highlights and continually criticizing the proposal. Reading CRFB’s reaction to the budget proposal, it is difficult not to notice that every time the statement says something grudgingly positive, there is an immediate “but” right on its tail. For instance (all emphases added):
There are two things worth noting here. First, the hostility toward spending as such, regardless of what it is for. The CRFB claims to be in favor of improving America’s “economic condition,” and many of Biden’s ideas certainly would pay for themselves several times over. A study of free pre-K in Oklahoma, for instance, found its benefits outweigh its costs by 2.65 to 1. Yet this possibility is never explored or even mentioned. Second, the redundancy of the buts—in every case the criticism amounts to “spending bad.” The lack of specific criticisms of concrete proposals—and no mention whatsoever of Biden’s push to increase military spending—leaves the strong impression that the CRFB simply opposes social spending in general. All this gets to the heart of the issue with CRFB: They are not honest about their true priorities. Compare its sniffy critique of Biden’s budget to how it reacted to massive tax cuts for the rich. In a piece last year about extending the Tax Cuts and Jobs Act (TCJA), better known as the Trump tax cuts, CRFB calls for policymakers to “carefully consider which provisions are worth extending, which should be modified, and which should be allowed to expire.” Though the article does admit extending the cuts would be “costly,” suddenly now we should be studying each provision carefully!
snip
March 24, 2024
https://prospect.org/politics/2024-03-22-david-trone-self-funding-victim-criminal-justice/
Rep. David Trone (D-MD) arrives at the U.S. Capitol, January 18, 2024.
When Larry Hogan announced his bid for Maryland’s U.S. Senate seat, it immediately turned the state into ground zero for the Democratic Party’s chances to hold onto its thin majority. To replace retiring Sen. Ben Cardin, the party will now likely have to expend significant party resources to defeat a formidable former governor on the Republican side in what previously seemed like a safe blue seat. Early polling shows that Hogan starts with a double-digit lead over his potential challengers, who are far less well known statewide. This new political landscape has dramatically heightened the stakes for the May 14 Democratic primary, and magnified the differences between the two candidates, Rep. David Trone (D-MD) and Prince George’s County Executive Angela Alsobrooks.
What separates the two candidates has more to do with personal biography and factional endorsements than progressive versus moderate labels. Trone is a wine mogul who runs the chain store Total Wine, dubbed the Amazon of alcohol retailers, and he has pumped an astronomical $34 million of his own personal fortune to self-fund his campaign. Outside of his own funding, Trone’s largest funder is the American Israel Public Affairs Committee (AIPAC), to which he’s been a longtime “minyan” donor. In a surprising move, Trone joined the calls for a Gaza cease-fire fairly early on last fall, which many interpreted as an attempt to win favor with progressives. AIPAC did not rescind its endorsement but has not funded him since May of last year, according to campaign finance disclosures.
U. S. Senate candidate Prince George’s County Executive Angela Alsobrooks speaks at a campaign event, February 18, 2024.
Alsobrooks, on the other hand, has come up through the state ranks and is well known in her county. But she has faced an uphill battle against Trone’s ad blitz. Her campaign’s first ad of the election draws a contrast with Trone by portraying her as a working mother versus the average U.S. senator, who is “64 years old” and “worth $16 million.” Both candidates are in their own way trying to claim the progressive mantle, as well as win over Black communities, which are crucial to the primary vote. As a representative of a historically Black county, Alsobrooks has a leg up there, and she is touting her experience delivering on kitchen-table issues, mainly education and economic opportunity. To drive a wedge between his opponent and Black voters, Trone has gone on the attack against Alsobrooks for her record as a state prosecutor, painting her as too tough on crime. Trone, in turn, is playing up his credentials as a criminal justice reformer, which he insists is a personal issue.
Yet Trone’s personal experience with the legal system is purely as a white-collar offender, which is not what most people associate with the failings of the criminal justice system. Early on in the race, Trone's company Total Wine was embroiled in a lawsuit, since settled, due to its unwillingness to cooperate with the Federal Trade Commission regarding an ongoing investigation into alcohol distributor Southern Glazer’s. The nature of the pending antitrust lawsuit would inherently feature SouthernGlazer’s dealing with Total Wine, one of the largest distributors and retailers of alcohol. Over the course of Total Wine’s history, Trone’s company routinely flouted state anti-monopoly laws protecting consumers and independent businesses from aggressive practices by big-box chains. Across several states, Total Wine was found guilty of breaking minimum-pricing laws, leading to fines of tens of thousands of dollars or the suspension of its liquor licenses.
snip
The Self-Funding 'Victim' of the Criminal Justice System
David Trone, founder of the Total Wine chain, is trying to draw a contrast with his primary opponent, a former prosecutor, by saying he’s been caught up in the system. It was for business violations.https://prospect.org/politics/2024-03-22-david-trone-self-funding-victim-criminal-justice/
Rep. David Trone (D-MD) arrives at the U.S. Capitol, January 18, 2024.
When Larry Hogan announced his bid for Maryland’s U.S. Senate seat, it immediately turned the state into ground zero for the Democratic Party’s chances to hold onto its thin majority. To replace retiring Sen. Ben Cardin, the party will now likely have to expend significant party resources to defeat a formidable former governor on the Republican side in what previously seemed like a safe blue seat. Early polling shows that Hogan starts with a double-digit lead over his potential challengers, who are far less well known statewide. This new political landscape has dramatically heightened the stakes for the May 14 Democratic primary, and magnified the differences between the two candidates, Rep. David Trone (D-MD) and Prince George’s County Executive Angela Alsobrooks.
What separates the two candidates has more to do with personal biography and factional endorsements than progressive versus moderate labels. Trone is a wine mogul who runs the chain store Total Wine, dubbed the Amazon of alcohol retailers, and he has pumped an astronomical $34 million of his own personal fortune to self-fund his campaign. Outside of his own funding, Trone’s largest funder is the American Israel Public Affairs Committee (AIPAC), to which he’s been a longtime “minyan” donor. In a surprising move, Trone joined the calls for a Gaza cease-fire fairly early on last fall, which many interpreted as an attempt to win favor with progressives. AIPAC did not rescind its endorsement but has not funded him since May of last year, according to campaign finance disclosures.
U. S. Senate candidate Prince George’s County Executive Angela Alsobrooks speaks at a campaign event, February 18, 2024.
Alsobrooks, on the other hand, has come up through the state ranks and is well known in her county. But she has faced an uphill battle against Trone’s ad blitz. Her campaign’s first ad of the election draws a contrast with Trone by portraying her as a working mother versus the average U.S. senator, who is “64 years old” and “worth $16 million.” Both candidates are in their own way trying to claim the progressive mantle, as well as win over Black communities, which are crucial to the primary vote. As a representative of a historically Black county, Alsobrooks has a leg up there, and she is touting her experience delivering on kitchen-table issues, mainly education and economic opportunity. To drive a wedge between his opponent and Black voters, Trone has gone on the attack against Alsobrooks for her record as a state prosecutor, painting her as too tough on crime. Trone, in turn, is playing up his credentials as a criminal justice reformer, which he insists is a personal issue.
Yet Trone’s personal experience with the legal system is purely as a white-collar offender, which is not what most people associate with the failings of the criminal justice system. Early on in the race, Trone's company Total Wine was embroiled in a lawsuit, since settled, due to its unwillingness to cooperate with the Federal Trade Commission regarding an ongoing investigation into alcohol distributor Southern Glazer’s. The nature of the pending antitrust lawsuit would inherently feature SouthernGlazer’s dealing with Total Wine, one of the largest distributors and retailers of alcohol. Over the course of Total Wine’s history, Trone’s company routinely flouted state anti-monopoly laws protecting consumers and independent businesses from aggressive practices by big-box chains. Across several states, Total Wine was found guilty of breaking minimum-pricing laws, leading to fines of tens of thousands of dollars or the suspension of its liquor licenses.
snip
March 24, 2024
Warning: This analysis contains highly offensive and potentially triggering language and imagery. Where possible, slur words are marked with asterisks, but in cases where that may make the content unclear, offensive language is cited.
https://globalextremism.org/post/gamergate-2-0-the-transnational-far-right-targeting-and-calling-for-violence-against-video-game-companies-over-wokeness/
Over the past week, a surge of targeted hateful and violent posts on fringe and mainstream platforms have ignited what some on the far-right are calling “GamerGate 2.0,” which, like its predecessor, includes virulent antisemitism, misogyny, racism, and calls for violence. Gamers across the web, including on fringe, mainstream, and gaming platforms, are taking part in this campaign. #GamerGate, which occurred in the 2010s, was a harassment campaign against women in gaming, with indie game developer Zoe Quinn and gaming critic Anita Sarkeesian being the first targets, the latter featured in a now-deplatformed video game designed so that players could “beat her up.” It also led to the FBI investigating a marked increase in online harassment, and helped extremists such as neo-Nazi Andrew Anglin build their audiences. Anglin continues to write antisemitic and misogynistic commentary on video games through his own website, The Daily Stormer. The online hatred against marginalized communities that was normalized during the 2010s remains prevalent today, including instances of violent misogyny. These include acts like the recent virtual sexual assault of a 16-year-old girl in the “Metaverse” investigated by the British police in January after her avatar was attacked by several other players. The “Metaverse” is a virtual world created by Mark Zuckerberg’s company Meta.
Whereas the first iteration of #GamerGate targeted criticism of video games, specifically women video game journalists and gamers, “#GamerGate 2.0” is aimed at consulting companies, namely Sweet Baby Inc., a narrative design company often hired by major gaming studios for input on upcoming games. Sweet Baby Inc. works to ensure that “a game’s plot points make logical sense and are satisfying to players, and that characters speak and behave in consistent ways,” such as writing in-game ads and audio logs for Rocksteady Studio’s Suicide Squad: Kill the Justice League. Once the far-right found similar companies involved in video game development, they claimed there was a sinister and well-organized campaign to force “wokeness” in the industry. Organizations such as TakeThis, which called for development companies to stand up against the “Gamergate mob,” have also fallen into the crosshairs of these gamers as another step in extremist pushback against the industry. The far-right has long been organizing to co-opt gaming to push their own bigoted ideologies.
Extremists Begin Their Campaign on the Fringe
Fringe platforms, such as 4chan, Kiwifarms, Communities, Odysse, and BitChute, which have all embraced being bastions of hateful content, were home to some of the most vile comments. Across these platforms, users were quick to blame “wokeness” on Jews, like referring to Sweet Baby Inc. co-founder Kim Belair as “(((Kim Belair))).” Parentheses surrounding someone’s name, referred to as “echoes,” are often used by antisemites to signal the names of Jewish people, Jewish organizations, or those thought to be Jewish. Several other users, primarily on 4chan, renewed their attacks against Zoe Quinn, calling her “a priestess of whatever satan cult jews [sic] do.” Another user wanted to expand on #GamerGate’s influence on the radicalization process, saying, “Gamergate proved Jews controlled the media. Let’s redpill a whole new generation too. Trump would have been impossible without Gamergate.” Disturbingly, the hatred towards Jews on 4chan culminated in claims that this iteration of #GamerGate will “kickstart the second Shoa [sic].” Shoah is the Hebrew word for “catastrophe,” and specifically denotes the genocide of six million Jews by Nazis during the Holocaust.
One video thumbnail published on Bitchute saying that Sweet Baby Inc. “will know pain” (Source: Bitchute)
On the video-hosting platforms Odysee and Bitchute, several videos have been published discussing Sweet Baby Inc., including threats in a video thumbnail that “they will know pain,” claims that Sweet Baby Inc. are “gaslighting you about the evil they do,” “rewrit(ing) history,” an excuse used by far-right gamers to be racist, and that companies like Sweet Baby Inc. are pretending to be the “good boy that dindu nuffin,” a racist term against Black people originating on white supremacist online forums. In one video targeting TakeThis on Odysee, user “truthagon” commented that they were made up of “pedofaggot freemasons,” and that any organization defending Sweet Baby Inc. is akin to “faggot beer,” referring to Bud Light and their campaign with trans activist Dylan Mulvaney, and “faggot Disney,” referring to hatred targeting the company for including more diversity in their films. On Telegram, several extremist groups and organizations weighed in. The white supremacist White Lives Matter (WLM) Utah chat called Sweet Baby Inc. a “DEI consulting firm responsible for turning video games into political activism” and blamed them for the amount of “faggots” and “crazy stuff in media…nowadays.”
A member of the WLM Utah chat on Telegram discusses their conspiratorial beliefs about Sweet Baby Inc.’s involvement in the shifting landscape of video games (Source: Telegram)
snip
#GamerGate 2.0: The Transnational Far-Right Targeting & Calling for Violence Against Video Game Companies Over Wokeness
Warning: This analysis contains highly offensive and potentially triggering language and imagery. Where possible, slur words are marked with asterisks, but in cases where that may make the content unclear, offensive language is cited.
https://globalextremism.org/post/gamergate-2-0-the-transnational-far-right-targeting-and-calling-for-violence-against-video-game-companies-over-wokeness/
Over the past week, a surge of targeted hateful and violent posts on fringe and mainstream platforms have ignited what some on the far-right are calling “GamerGate 2.0,” which, like its predecessor, includes virulent antisemitism, misogyny, racism, and calls for violence. Gamers across the web, including on fringe, mainstream, and gaming platforms, are taking part in this campaign. #GamerGate, which occurred in the 2010s, was a harassment campaign against women in gaming, with indie game developer Zoe Quinn and gaming critic Anita Sarkeesian being the first targets, the latter featured in a now-deplatformed video game designed so that players could “beat her up.” It also led to the FBI investigating a marked increase in online harassment, and helped extremists such as neo-Nazi Andrew Anglin build their audiences. Anglin continues to write antisemitic and misogynistic commentary on video games through his own website, The Daily Stormer. The online hatred against marginalized communities that was normalized during the 2010s remains prevalent today, including instances of violent misogyny. These include acts like the recent virtual sexual assault of a 16-year-old girl in the “Metaverse” investigated by the British police in January after her avatar was attacked by several other players. The “Metaverse” is a virtual world created by Mark Zuckerberg’s company Meta.
Whereas the first iteration of #GamerGate targeted criticism of video games, specifically women video game journalists and gamers, “#GamerGate 2.0” is aimed at consulting companies, namely Sweet Baby Inc., a narrative design company often hired by major gaming studios for input on upcoming games. Sweet Baby Inc. works to ensure that “a game’s plot points make logical sense and are satisfying to players, and that characters speak and behave in consistent ways,” such as writing in-game ads and audio logs for Rocksteady Studio’s Suicide Squad: Kill the Justice League. Once the far-right found similar companies involved in video game development, they claimed there was a sinister and well-organized campaign to force “wokeness” in the industry. Organizations such as TakeThis, which called for development companies to stand up against the “Gamergate mob,” have also fallen into the crosshairs of these gamers as another step in extremist pushback against the industry. The far-right has long been organizing to co-opt gaming to push their own bigoted ideologies.
Extremists Begin Their Campaign on the Fringe
Fringe platforms, such as 4chan, Kiwifarms, Communities, Odysse, and BitChute, which have all embraced being bastions of hateful content, were home to some of the most vile comments. Across these platforms, users were quick to blame “wokeness” on Jews, like referring to Sweet Baby Inc. co-founder Kim Belair as “(((Kim Belair))).” Parentheses surrounding someone’s name, referred to as “echoes,” are often used by antisemites to signal the names of Jewish people, Jewish organizations, or those thought to be Jewish. Several other users, primarily on 4chan, renewed their attacks against Zoe Quinn, calling her “a priestess of whatever satan cult jews [sic] do.” Another user wanted to expand on #GamerGate’s influence on the radicalization process, saying, “Gamergate proved Jews controlled the media. Let’s redpill a whole new generation too. Trump would have been impossible without Gamergate.” Disturbingly, the hatred towards Jews on 4chan culminated in claims that this iteration of #GamerGate will “kickstart the second Shoa [sic].” Shoah is the Hebrew word for “catastrophe,” and specifically denotes the genocide of six million Jews by Nazis during the Holocaust.
One video thumbnail published on Bitchute saying that Sweet Baby Inc. “will know pain” (Source: Bitchute)
On the video-hosting platforms Odysee and Bitchute, several videos have been published discussing Sweet Baby Inc., including threats in a video thumbnail that “they will know pain,” claims that Sweet Baby Inc. are “gaslighting you about the evil they do,” “rewrit(ing) history,” an excuse used by far-right gamers to be racist, and that companies like Sweet Baby Inc. are pretending to be the “good boy that dindu nuffin,” a racist term against Black people originating on white supremacist online forums. In one video targeting TakeThis on Odysee, user “truthagon” commented that they were made up of “pedofaggot freemasons,” and that any organization defending Sweet Baby Inc. is akin to “faggot beer,” referring to Bud Light and their campaign with trans activist Dylan Mulvaney, and “faggot Disney,” referring to hatred targeting the company for including more diversity in their films. On Telegram, several extremist groups and organizations weighed in. The white supremacist White Lives Matter (WLM) Utah chat called Sweet Baby Inc. a “DEI consulting firm responsible for turning video games into political activism” and blamed them for the amount of “faggots” and “crazy stuff in media…nowadays.”
A member of the WLM Utah chat on Telegram discusses their conspiratorial beliefs about Sweet Baby Inc.’s involvement in the shifting landscape of video games (Source: Telegram)
snip
March 23, 2024
Label: Devolution ?– DEVR005X
Format: Vinyl, 12"
Country: UK
Released: 29 Oct 2002
Genre: Electronic
Style: Progressive House
Greed ft. Lesley - Strange, Strange World (Lemon8 'Inner Sanctuary Session' Remix + Van Bellen Remix) 2002 Prog House
Label: Devolution ?– DEVR005X
Format: Vinyl, 12"
Country: UK
Released: 29 Oct 2002
Genre: Electronic
Style: Progressive House
March 23, 2024
Label: Not On Label (Red Kult Self-released) – kult 1
Format: Vinyl, 12", 33 ⅓ RPM
Country: UK
Released: 27 Apr 2004
Genre: Electronic
Style: House
RED KULT - CALL ME (MAIN MIX) 2004
Features samples from "Valerie" by Steve Winwood and "Everybody Everybody" by Black Box.
The cover is taken from the Killing Joke 12" Almost Red.
A later rework became Call On Me by Eric Prydz.
The cover is taken from the Killing Joke 12" Almost Red.
A later rework became Call On Me by Eric Prydz.
Label: Not On Label (Red Kult Self-released) – kult 1
Format: Vinyl, 12", 33 ⅓ RPM
Country: UK
Released: 27 Apr 2004
Genre: Electronic
Style: House
Eric Prydz - Call On Me (Uncensored Version) (UHD 4K)
Call On Me (Eric Prydz Vs Retarded Funk Mix)
Label: Data Records – DATA68T, Ministry Of Sound – DATA68T
Format: Vinyl, 12", 33 ⅓ RPM, 45 RPM, Single
Country: UK
Released: 13 Sept 2004
Genre: Electronic
Style: House, Electro House, Progressive House
Call On Me (Eric Prydz Vs Retarded Funk Mix)
Label: Data Records – DATA68T, Ministry Of Sound – DATA68T
Format: Vinyl, 12", 33 ⅓ RPM, 45 RPM, Single
Country: UK
Released: 13 Sept 2004
Genre: Electronic
Style: House, Electro House, Progressive House
March 22, 2024
Madonna - Burning Star [The Reflex Revision]
This is a complete revamp of an alternative version of my 'Lucky Star' revision from 2013. Although I liked the groove, there was just not enough going on to make it work on its own, so I added sounds from the 'Burning Up' stems and just got creative as it's in a different key and tempo. The result is more like a new track than a basic mash-up I would say, I love it and I hope you'll dig it too. 118bpm.
- THE REFLEX
- THE REFLEX
March 22, 2024
Pelikan – Restaurang och bar på Södermalm - Stockholm (pretty close to our neighbourhood)
https://pelikan.se/en
Did We Find The BEST Meatballs In Sweden? - Food Review Club
Pelikan – Restaurang och bar på Södermalm - Stockholm (pretty close to our neighbourhood)
https://pelikan.se/en
March 22, 2024
Label: Universal Music – none
Format: CDr, Maxi-Single
Country: Sweden
Released: 2013
Genre: Electronic
Style: House, Electro House, Hardstyle, Dubstep
Zedd feat. Foxes - Clarity (Tom Budin Remix) 2024 RE-EDIT
Label: Universal Music – none
Format: CDr, Maxi-Single
Country: Sweden
Released: 2013
Genre: Electronic
Style: House, Electro House, Hardstyle, Dubstep
March 22, 2024
New York
CNN
—
The dwindling ranks of the Magnificent Seven are finally getting reinforcements. The S&P 500, Dow Jones Industrial Average and Nasdaq Composite indexes notched record highs on Wednesday and Thursday after the Federal Reserve reiterated its forecast for three quarter-point rate cuts in 2024. Investors had worried that the central bank would adjust its expectations to fewer than three cuts following a slate of hot inflation data in recent months. But more stocks than just Big Tech have paved the way higher. The S&P 600 index, which tracks American small-cap stocks, just turned positive for the year.
That’s good news for Wall Street, because smaller companies generate most of their revenue from US customers, making them bellwethers of the US economy. Small caps are often active in sectors like financials and industrials that tend to rise and fall with wider economic activity. “When you see small-cap industrials leading, that’s usually a sign that the market is saying things are on pretty firm footing here,” said Ryan Detrick, chief market strategist at Carson Group. Their participation also shows that the market’s surge is extending beyond tech giants.
That’s a welcome sign for investors, since a broader rally begets a healthier rally. When the market’s gains don’t depend on just a handful of names, they’re less vulnerable to pullbacks. The rally had already begun broadening in recent weeks, before the Fed-induced euphoria. Some investors say that’s because corporate earnings beats coupled with strong economic data have renewed hopes for a soft landing, or a scenario in which the Fed brings inflation down to its 2% target without triggering a recession. About 93% of S&P 500 companies have posted fourth-quarter results, and 78% have beat earnings expectations, according to Ned Davis Research data through March 19.
“Recession” was mentioned in 47 fourth-quarter earnings calls of S&P 500 companies, the lowest count since 2021, according to FactSet data through March 7. In contrast, “soft landing” was cited on 37 earnings calls, the highest number of companies mentioning the term going back at least three years. Meanwhile, jobs data in recent months shows that the labor market is staying resilient against interest rates hovering at a 23-year high. That has led stocks to continue soaring after last year’s powerful rally, even though shares of Tesla and Apple have fallen, while Alphabet has lagged the double-digit percentage gains notched by Magnificent Seven peers Nvidia, Microsoft, Amazon and Meta.
snip
More stocks are joining the gangbusters rally. That's good news for investors
https://edition.cnn.com/2024/03/22/investing/premarket-stocks-trading-rally/index.htmlNew York
CNN
—
The dwindling ranks of the Magnificent Seven are finally getting reinforcements. The S&P 500, Dow Jones Industrial Average and Nasdaq Composite indexes notched record highs on Wednesday and Thursday after the Federal Reserve reiterated its forecast for three quarter-point rate cuts in 2024. Investors had worried that the central bank would adjust its expectations to fewer than three cuts following a slate of hot inflation data in recent months. But more stocks than just Big Tech have paved the way higher. The S&P 600 index, which tracks American small-cap stocks, just turned positive for the year.
That’s good news for Wall Street, because smaller companies generate most of their revenue from US customers, making them bellwethers of the US economy. Small caps are often active in sectors like financials and industrials that tend to rise and fall with wider economic activity. “When you see small-cap industrials leading, that’s usually a sign that the market is saying things are on pretty firm footing here,” said Ryan Detrick, chief market strategist at Carson Group. Their participation also shows that the market’s surge is extending beyond tech giants.
That’s a welcome sign for investors, since a broader rally begets a healthier rally. When the market’s gains don’t depend on just a handful of names, they’re less vulnerable to pullbacks. The rally had already begun broadening in recent weeks, before the Fed-induced euphoria. Some investors say that’s because corporate earnings beats coupled with strong economic data have renewed hopes for a soft landing, or a scenario in which the Fed brings inflation down to its 2% target without triggering a recession. About 93% of S&P 500 companies have posted fourth-quarter results, and 78% have beat earnings expectations, according to Ned Davis Research data through March 19.
“Recession” was mentioned in 47 fourth-quarter earnings calls of S&P 500 companies, the lowest count since 2021, according to FactSet data through March 7. In contrast, “soft landing” was cited on 37 earnings calls, the highest number of companies mentioning the term going back at least three years. Meanwhile, jobs data in recent months shows that the labor market is staying resilient against interest rates hovering at a 23-year high. That has led stocks to continue soaring after last year’s powerful rally, even though shares of Tesla and Apple have fallen, while Alphabet has lagged the double-digit percentage gains notched by Magnificent Seven peers Nvidia, Microsoft, Amazon and Meta.
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