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Internet Archive @internetarchive
CONGRATS AGAIN to “RHAPSODY, REIMAGINED” by Andrea Hale, FIRST PLACE in the Internet Archive’s 2026 Public Domain Remix Contest.
https://archive.org/details/rhapsody-reimagined
A dazzling reimagining of King of Jazz (1930) set to Gershwin’s Rhapsody in Blue. An aesthetic triumph. Andrea Hale is an artist working in animation & video editing. Her work emphasizes rhythm, repetition, and texture, using collage to recontextualize culturally established works by treating them as raw material rather than finished objects.
#PublicDomain #PublicDomainDay
A gentle reminder from Ernest Hemingway
Try to learn to breathe deeply, really to taste food when you eat, and when you sleep, really to sleep. Try as much as possible to be wholly alive with all your might, and when you laugh, laugh like hell. And when you get angry, get good and angry. Try to be alive. You will be dead soon enough.
Half the country believes, in one form or another, that we should love our neighbor.
The other half is MAGA.
The “Save America Act” is voter suppression dressed up as patriotism.
It targets naturalized citizens, trans Americans, tribal citizens, and natural disaster victims with extra barriers. Don’t let the name fool you.
NEWS BYTES
@krassenstein FUN FACT:
If you fly from Fukuoka, Japan to Palm Beach, FL your ticket reads FUK-DJT
Last night Senate Dems blocked passage of $1.15 Trillion NDAA over Iran War & Israel
– Trump’s Iran war has no congressional authorization, no strategy, no exit. dems refuse to rubber-stamp it
– Also oppose new provisions expanding US-Israel military/tech cooperation
Vint Cerf is working on a plan to unleash AI agents on the open internet
Democrat Faye Thomas just won her race for Mayor of Abbeville, South Carolina by a stunning 37-point landslide. Abbeville is a town that voted for Donald Trump in 2024. A blue tsunami is inbound.
@watchernewsx
Opinion:
1/3 Diversification is the one piece of advice every financial institution agrees on, right up until their own balance sheet is under pressure. Then suddenly concentration in short-duration Treasuries, money-market funds, or house-brand products is perfectly fine.
2/3: The rule applies to clients. Not to the house.
3/3: This is not a new pattern. It is a structural feature of advice that is also a sales channel. The conflict does not make advisors villainous. It makes the incentive architecture broken, and nobody in a position to fix it has much reason to.
OpenAI researcher Miles Wang in talks to launch AI drug discovery startup valued at $2B
MONEY BYTES
Bitcoin $65,330 as of this minute 11:30 am.
“Bitcoin is about more than price appreciation.”
Bitcoin’s edge:
🔹 Fixed supply
🔹 Instant liquidity
🔹 Global portability
🔹 Long-term wealth preservation
Fed Chair Kevin Warsh says regulators should work together on Genius Act rules to avoid regulatory arbitrage. “What I don’t think we want is any kind of regulatory arbitrage, where firms are trying to game who’s got the lightest regulation.”
New York becomes first US state to halt construction of new large data centers.
JPMorgan, Goldman Sachs, BlackRock, Vanguard, and NYSE to participate in trial tokenizing US stocks and Treasuries.
US and UK announce joint plan to support cross-border tokenized assets and crypto stablecoins.
Stripe and Advent offer to buy PayPal $PYPL for $53 billion, Reuters reports.
South Korea to include crypto under planned state asset management law.
Japan officially passes law recognizing crypto as “financial assets.”
UGH! US Mint to begin striking new $1 gold coin featuring Drumpf for America’s 250th anniversary.
If @Bitcoin is the train, then the Lightning Network is the rail that helps it move value faster and more efficiently! Lightning can make Bitcoin payments feel closer to instant compared to traditional on-chain transactions. Send and receive money in USDT, USDC, and Bitcoin over Lightning, straight from your backend.
Lightning Enable Store https://store.lightningenable.com/
The first AI-agent commerce storefront. Premium merchandise, Lightning payments only.
Use the free Lightning Enable MCP, give your agent a tiny Lightning budget, and buy a real shirt or hat: No card. No account.
Cart → 402 invoice → pay → claim → ship.
ESSAY: Congress just got CAUGHT running the BIGGEST insider trading scheme EVER. ~ Ian Cooper
https://x.com/InsiderTrackers/status/2077394074211070326/photo/1
One congressman’s net worth went from $800,000 to $30 MILLION…
Here’s what just got uncovered:
The Foreign Policy Journal published its findings on July 14.
It reviewed 11,016 congressional stock purchases across 16 months.
6,170 of those trades were in companies the same lawmakers were actively voting on.
That is 56% of every purchase Congress disclosed.
The same lawmakers who write the tax code trade the companies it affects.
The same lawmakers who set defense budgets trade the contractors getting paid.
None of it is illegal.
That is the real story.
Representative Ro Khanna of California is the most active trader in Congress.
He filed over 4,900 trades in the past year alone.
His net worth grew from about $800,000 to more than $30 million, while he sat on committees overseeing the sectors he was trading.
Khanna publicly supports banning trading by members of Congress.
He also keeps trading.
Now look at the fight over AI chip exports.
Nvidia sits at the center of every hearing on chip exports to China.
Every hearing moves the stock.
Representative Daniel Meuser of Pennsylvania filed five separate partial Nvidia sales while colleagues drafted the export rules that would move it.
One of his sales stayed hidden from the public for 36 days.
The law allows up to 45.
The rule built to stop this behavior is the same rule protecting it.
The same pattern shows up in banking, pharma, energy, and defense.
Retail investors do not get 45 days to sell before news breaks.
Retail investors do not get closed door briefings on pending regulation.
Retail investors go to prison for trades Congress files as routine paperwork.
A bill to ban this stalled in the House in January.
A Senate version stalled in March.
Dozens more sit right beside them.
The penalty for filing late is a $200 fine.
Not one member has ever been criminally prosecuted under this law in 13 years.
86% of Americans, across every party, want this banned.
The institution refusing to pass that ban is the same institution that would lose the trades.
Not one insider trade.
Not one bad actor.
6,170 disclosed purchases, filed openly, in companies the same lawmakers were about to legislate, inside a country where doing this without a seat in Congress is a federal crime.
ESSAY Logan Weaver @LogWeaver 7/15/26
IBM just had the WORST day in its 115 year history.
Worse than Black Monday in 1987.
$68.8 BILLION gone. In a single session.
All because of a number most people would call small…
Here’s what actually happened, and why it matters far beyond IBM:
“We did not adapt and move quickly enough.”
That is what CEO Arvind Krishna wrote to shareholders before Tuesday’s open.
By the closing bell, the stock had dropped 25%.
Coming into Tuesday, IBM was down just 4.8% for the year.
By the close, it was down 26%.
One trading session repriced the entire year.
The revenue miss that triggered it was 3.7%.
IBM reported preliminary Q2 revenue of $17.2 billion against expectations of $17.86 billion.
A miss that small erased a quarter of a Dow company’s value in one afternoon.
Krishna’s letter explained why.
“In the last few weeks of June, we saw clients shift their quarterly capex spend toward servers, storage, and memory purchases to secure supply-constrained infrastructure ahead of expected price increases.”
In plain English, big customers stopped closing software deals to hoard memory chips instead.
The pipeline collapsed in three weeks.
Now zoom out.
Oracle is down 33% this year.
Microsoft has shed 20%.
Accenture is off 50%.
Every legacy enterprise tech company is bleeding.
On the other side of the same trade, the memory makers are surging.
Micron has surged more than 200% this year.
SK Hynix just raised $26.5 billion in the biggest foreign IPO ever on a US exchange, and popped 13% on its first day.
Same corporate budget.
Completely different destination.
Financial media is covering this as an IBM problem.
It is not.
The real tell is buried in the same report that crashed the stock.
IBM’s software revenue grew 5% that quarter.
Infrastructure revenue fell 7%.
Software is still selling.
Deals are still closing.
They just are not closing fast enough.
Corporate treasurers are rushing to lock in memory before prices jump again.
This is a story about corporate tech budgets.
When AI hardware gets scarce, the money moves.
Software vendors used to sit at the top of the spending list.
Now they sit behind the hardware line.
If a company cannot lock in memory this quarter, everything else waits.
That is not falling demand.
That is a company picking what to pay for first.
IBM just showed the market what losing that pick looks like.
Retail sees a legacy giant crash and calls it a bargain.
Big investors see money moving in real time.
That gap is where 25% moves get made.
You do not need to guess which side you are on.
You need a system built to follow the money, not the headlines.
Surmount does exactly that.
Rules based strategies, ready to pick and automate.
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