Ah Trumpy, the great (1% hedge fund) populist!

From Reuters here:

“For hedge funds, this is an unmitigated benefit as their tax liabilities could drop significantly,” said Robert Willens, an independent tax consultant. “Obviously, they are quite enthusiastic and there may be a few fist bumps along the way.”

A manager whose hedge fund earns $50 million a year, for example, would be paying some $19.8 million in taxes, or 39.6 percent, under the current rules. That could drop to as little as $7.5 million if the rate were cut to 15 percent.

That is going to make America great again for sure!

Feed the hedge funders and we will all do just great because they’re such benevolent and giving people.

Oh, I think I tasted a little bit of vomit after that sentiment.

Ah, neoliberal Obama!

From Zero Hedge here:

..in what may be his first paid speaking arrangement, Obama will be paid $400,000 to speak at Cantor Fitzgerald’s healthcare conference this September, setting the benchmark for how much an hour of the former president’s time will cost going forward.

Continuing the fantastic Democratic neoliberal/Clinton invented having your cake and eat it too.

Yes you can be a defender of the little people while you get $400k for speaking to Wall Street trading houses!

They’re not buying access or favors — they do it for the fun!

Smells a little Clinton Foundation-y, no?

From the Daily Beast here:

Ivanka Trump, daughter and adviser to President Trump, is building a fund for female entrepreneurs, Axios reported Wednesday. “The statistics and results prove that when you invest in women and girls, it benefits both developed and developing economies,” Trump told reporter Mike Allen in Berlin. “Women are an enormous untapped resource, critical to the growth of all countries.” Trump says the fund will provide capital to both small and medium-sizes enterprises run by women around the globe and that the financing will come from various countries and corporations.

Oh yeah, that part in bold, that’s the shit right there.

Now after all the carping that President PumpkinHead did during the election about crooked Hillary and the Clinton Foundation, Ivanka the Terrible is going to rock the same business model?

Lock her up!!  Lock her up!!

Music for 4/26/17!!! Matthew Logan Vazquez, Mr. Mitch

@@@ Matthew Logan Vazquez: Does What He Wants (Dine Alone, 2017)  I’ve heard Vasquez’s music before and almost put it on a year end list.  This one opens up straight blues rock and I don’t like it much.  The second tune is less rocking and more indie — I like it more but the third tune is back to the big rock.  He has a good voice and the sounds are all right but it seems like a record designed to produce loot as it goes out of its way to be familiar.

@@@ Mr. Mitch: Devout (Planet Mu, 2017)  This electronic musician out of London is being marketed as somewhere between grime and ambient.  This first tune is a slow love song with lush synths and a delayed vocal line.  In the second song, he breaks out the ping pong delay and gets to rhyming.  The beats are not typical American hip hop and the piece has a sort of sci fi feel to it.  Mr. Mitch appears to want to have delicate sounds on top of beats so when he drops the energy of the beats it feels ambient and when he goes into a grime hip hop thing it’s a half rugged video game thing.  Not really for me but check for yourself.

@@@ Mike Dillon: Life is Not a Football (Royal Potato, 2017)  Some experimental rock off this week’s All Music notable release email.  This first tune opens up somewhat Captain Beefheart-y with a mid tempo weird groove and lower energy vocals.  The second tune Man C**t gets more fractured with some wild slashing vocal blasts, tom tom drumming and some squirgles.  Yes, squirgles.  I’m on the third tune, I like the marimba/vibes but I for those who want to roll this way I would head out to Beefheart’s Trout Mask Replica or some vintage Zappa.

YTD recordings listened to: 250
Good music, not recommended for purchase: 148
Not good music: 99

Buys: 5
Honorable Mentions: 1

Possibles: Chris McGregor, Retox, Defeater, Jonwayne, Okkyung Lee, The Ballantynes, Slidhr, The Chewers, Toxic Holocaust, Susie Iberra/Roberto Rodriguez, Lenguas Largas, The Coral, T.O.M.B., Fofoulah, Lozen, Erase Errata, Mastery, Leviathan, Hartley C. White, Weed, Cold Water, Janelle Monae, Luther Dickinson, Graeme Barrett, Fast Asleep, Goldlink, Cavanaugh, Gentleman Surfer, Satoko Fuji, Moken, Juan Atkins, Drone, Lantern, Twin Peaks, Djelimady Tounkara, The Oh Sees, Denny Zeitlin, MILF, Unfun, De La Soul, Carl Sagan’s Skate Shoes, Magrudergrind, A Tribe Called Quest, Noname, Gouge Away, Anna Hogberg, Klara Lewis, Aethenor, Krullur, The Lowest Form, Hard Proof, James Brandon Lewis, Yotoco, Jungle Fire, Sandoz, Power Trip, Reverend Payton, J.I.D., Oddisee, Forro in the Dark

A free jazz shout out!

Dave Arner Trio: A Take On It All (N/A, 2015)

I put this record on my to listen to list years ago — so long ago in fact that it has either disappeared from the streaming services or is on Spotify and not on the Apple Music (and its ancestors).

Availability aside, this is some stylish free jazz trio playing with piano, bass, and drums.  I refuse to bloviate about jazz because it puts folks off and I’m an anti-bloviator, but these guys are really listening and playing with each other and I find this to be very fresh and spontaneous and satisfying listening.

I’m giving myself a gold star because this is some ultra-obscure music but that has very little (or anything) to do with quality.

Lady Facebook returns with a big dodgy nugget!

Headline from the Daily Beast:

Sheryl Sandberg, feminist author and chief operating officer of Facebook, says the social-media giant doesn’t see itself as a publisher or an “arbiter of the truth.” The social-networking site has come under fire in recent months for not appropriately fighting “fake news” articles published on its pages. “We are really a platform and we take our responsibilities on false news very seriously.

So it’s looking like Facebook wants all the power and advertising of a publisher without any of the rules and responsibility.

Facebook makes money when people are on Facebook — that’s the deal.  Get on Facebook, stay on Facebook, get all your info on Facebook, blah blah blah.  And that’s how fake news works — start spreading shit on Facebook, reposting, passing it around, clicks, money, ads for people who want to access people who dig fake news!  Boom!

The Trump campaign paid huge money to Facebook to run ads on Facebook looking for people who would eat fake news and vote for the Orange Fuckstick.

Ironically, the Lean In Queen has popped a little fake news of her own.  It’s total crap Facebook is not a publisher.

Even after the election Hillary has continued to dig a hole!

From the Washington Post here:

A new Washington Post-ABC News poll confirms this — in spades. And, in fact, it shows more buyer’s remorse for Trump’s opponent in the 2016 election, Hillary Clinton. And were the 2016 election held again today, it shows Trump would avenge his popular-vote loss.

While just 4 percent of Trump’s supporters say they would back someone else if there was a redo of the election, fully 15 percent of Clinton supporters say they would ditch her.

Congratulations to the Democratic Party and to the Clintons for a plane well crashed!!!