Judd Legum

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On second thought, maybe currencies should be centralized?
This guy gets paid millions to divine public opinion twitter.com/FrankLuntz/sta…
Mr. Wonderful @kevinolearytv endorsed FTX and said that it met his "rigorous standards of compliance." He hasn't addressed FTX's downfall but he quietly deleted this tweet
People look up to and seek to emulate great athletes. Athletes have a responsibility not to abuse that relationship. twitter.com/naomiosaka/sta…
Tom Brady is a good football player but is not qualified to endorse a crypto currency exchange twitter.com/TomBrady/statu…
Shaq was involved in this too. People got scammed. twitter.com/SHAQ/status/15…
I'm a huge Steph Curry fan, but celebrities should not be endorsing speculative investments that they don't understand. twitter.com/StephenCurry30…
Remarkable how many "genius billionaires" turn out to be frauds: Elizabeth Holmes (Theranos) Adam Neumann (WeWork) Sam Bankman-Fried (FTX)
"The entire $16 billion fortune of FTX co-founder Sam Bankman-Fried has now been wiped out, one of history’s greatest-ever destructions of wealth." bloomberg.com/news/articles/…
In just a few days, Musk has made Twitter a complete dumpster fire. This Tweet from a "verified" account (which are no longer actually verified in any way) has been up since yesterday afternoon.
I honestly don't know if Twitter is going to survive. Right now, things aren't looking good. To stay plugged into my reporting and research, please subscribe to my newsletter. popular.info/subscribe
Retweeted by Judd Legum
"The political media has substituted polling analysis, which is something only people managing campaigns really need, for substantive analysis of the positions of the candidates, something that voters need." popular.info/p/political-me…
Retweeted by Judd Legum
Musk off to a great start with advertisers twitter.com/lillypad/statu…
“Prediction-based coverage comes at a high cost because it crowds out the coverage that voters actually need." buff.ly/3A3qYi0
Retweeted by Judd Legum
Things are not good on Twitter.
This argument from @JuddLegum is spot on: “The political media has substituted polling analysis, which is something only people managing campaigns really need, with substantive analysis of the positions of the candidates, something that voters need.” popular.info/p/political-me…
Retweeted by Judd Legum
I'm also cross-posting everything to Mastodon, if you are interested in a Twitter alternative. journa.host/web/@JuddLegum
Here is the link to @alexeheath's report for The Verge, which is genuinely disturbing. The company’s chief privacy officer, chief information security officer, and chief compliance officer all resigned theverge.com/2022/11/10/234…
I honestly don't know if Twitter is going to survive. Right now, things aren't looking good. To stay plugged into my reporting and research, please subscribe to my newsletter. popular.info/subscribe
NOTE: Republicans have not yet won a majority in the House. It could happen and more races have been called for Republicans. But Democrats also have a chance. Votes are still being counted.
“Prediction-based coverage comes at a high cost because it crowds out the coverage that voters actually need. To make an informed decision, voters need to know the practical impact of voting for each candidate.” ⁦@JuddLegum⁩: popular.info/p/political-me…
Retweeted by Judd Legum
11. These results suggest that Trafalgar isn't actually a better pollster than its competitors. In 2022, another pollster will be the "most accurate." If you have a lot of pollsters producing a variety of results, someone will be the closest. popular.info/p/political-me…
10. Trafalgar and similar outfits, however, do not "adhere to industry standards for transparency or data collection." Is Trafalgar really more accurate? Its latest poll for the NH Senate race showed Maggie Hassan trailing by 1.3 points. Hassan won by 10 points.
Clearest explanation I've seen of the state of play in the House. twitter.com/Fritschner/sta…
9. Since Trump outperformed expectations in 2016 and 2020, the "most accurate" pollsters were partisan Republican firms like Trafalgar Group Their "success" means they are highly rated by aggregators and had resources to conduct a ton of polls popular.info/p/political-me…
8. BTW, the amount of horse race coverage is growing even as the quality of pollsters is getting worse. popular.info/p/political-me…
7. I don't know what's going to happen with Twitter. But Popular Information isn't going anywhere. To get accountability journalism that doesn't treat politics like a game, subscribe. It's free to sign up. popular.info/subscribe
6. The political media has substituted polling analysis, which is something only people managing campaigns really need, for substantive analysis of the positions of the candidates, something that voters need. popular.info/p/political-me…
5. While outlets ran story after story about the red wave, the Republican pledge to use the threat of a global economic collapse to try to force benefit cuts to Social Security and Medicare went virtually ignored popular.info/p/political-me…
4. Prediction-based coverage comes at a high cost because it crowds out the coverage that voters actually need. To make an informed decision, voters need to know the practical impact of voting for each candidate. popular.info/p/political-me…
3. All of these forecasts, and many similar predictions published in other outlets, turned out to be wrong. But even if media predictions were correct, they represent a style of political reporting that is dysfunctional. popular.info/p/political-me…
2. "Democrats’ Feared Red October Has Arrived" — @nytimes, 10/19/22 "Democrats, on Defense in Blue States, Brace for a Red Wave in the House" — @nytimes, 10/25/22 "Red tsunami watch" — @axios, 10/24/22 "Why the midterms are going to be great for Donald Trump" — @CNN, 10/26/22
1. Political media is broken Major outlets spent weeks PREDICTING there would be a "red wave" and EXPLAINING its causes It was all based on polls, which are unreliable This kind of coverage is not just pointless, it's harmful 🧵 popular.info/p/political-me…3
3. The measure passed overwhelmingly even though Republicans spread misinformation about it. The Arizona GOP sent a flier falsely claiming it “would create a new tax for certain business activities" washingtonpost.com/politics/2022/…
2. Proposition 211 requires any group making 50K or more in expenditures in a statewide race to disclose donors of 5K or more. Pretty basic stuff.
1. Arizona is swing state, with roughly equal numbers of Republican and Democratic voters. But Proposition 211, which requires more disclosure for political spending RECEIVED 73% OF THE VOTE TRANSPARENCY IS POPULAR
Chris Cillizza nails it again
The plan to let people buy blue checkmarks is going well so far. twitter.com/AGoldmund/stat…
IDEA: Media outlets should wait until AFTER the election before writing dozens of articles about why one party performed poorly
Wow, so brave. Youngkin uses the assault on Paul Pelosi to crudely attack Nancy Pelosi during a campaign rally Then, Youngkin leaks that he apologized THE DAY AFTER THE ELECTION twitter.com/JakeSherman/st…
Flashback to yesterday afternoon... twitter.com/laurenboebert/…
Seems possible that Georgia’s Senate race could end up with no candidate above 50% That runoff election could determine control of the Senate
If you get anxious about the election results tonight, the NYT recommends you "plunge your face into a bowl of ice water." twitter.com/nytimes/status…
3. Corporate donors to @GOPGovs this cycle: @AnthemInc (500K) @Publix (300K) @CVSHealth (280K) @Deloitte (250K) @DoorDash (455K) @Google (120K) @amazon (425K) @Microsoft (250K) @Cigna(141K) @comcast (250K) @Intuit (100K) @WellsFargo (101K)
2. Despite her extremist views, Lake has been able to remain competitive thanks to $11 million+ in support from @GOPGovs. Where does the @GOPGovs get its cash? A lot of it comes from large checks from major corporations.
1. During the campaign, Lake has said that journalists that reported Biden won the 2020 election should be THROWN IN JAIL Watch: youtube.com/watch?v=9POnx_… twitter.com/Jose_Pagliery/…
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