A few things I’ve learned from following Bitcoin:
Below is a video of Bitcoin being created:
So what exactly did the bailout accomplish? It built a banking system that discriminates against community banks, makes Too Big to Fail banks even Too Bigger to Failier, increases risk, discourages sound business lending and punishes savings by making it even easier and more profitable to chase high-yield investments than to compete for small depositors. The bailout has also made lying on behalf of our biggest and most corrupt banks the official policy of the United States government. And if any one of those banks fails, it will cause another financial crisis, meaning we’re essentially wedded to that policy for the rest of eternity – or at least until the markets call our bluff, which could happen any minute now.
Other than that, the bailout was a smashing success.
Secrets and Lies of the Bailout by Matt Taibbi
Things I photographed recently:
Some leanin on Bernal Hill
A bit of fun in Yosemite with Willa and tame deer. I don’t always dress so darkly.
Fort Ross is one of the coolest places that ever seen. The timelessness of wood construction was a sight to behold. Russians coexisting with norcal Indians:
The Kashaya Treaty between the Fort Ross settlement and the Kashaya Pomo Indians
On September 22, 1817, the Indian chiefs, Chu-gu-an, Amat-tan, Gem-le-le and others, appeared at Fort Ross by invitation. Their greeting, as translated, extended their thanks for the invitation.
Captain Lieutenant Hagemeister expressed gratitude to them in the name of the Russian-American Company for ceding to the Company land for a fort, buildings and enterprises, in regions belonging to Chu-gu-an, [land] which the inhabitants call Med-eny-ny. [Hagemeister] said he hoped they would not have reason to regret having the Russians as neighbors.
“Chu-gu-an and a second, Amattan, whose dwelling was also not far off, replied, “We are very satisfied with the occupation of this place by the Russians, because we now live in safety from other Indians, who formerly would attack us and this security began only from the time of [the Russian] settlement.”
After the hospitality, when [the Indians] departed from the fort, a one-gun salute was fired in honor of the chief Toion.
Below are a few photos from a recent walk around Fort Ross:
More on the Chapel inside the fort:
The chapel was destroyed in the 1906 earthquake. The foundation crumbled and the walls were ruined; only the roof and two towers remained intact. Between 1916 and 1918, the Chapel was rebuilt using timbers from both the Officials’ Quarters and the Warehouse. On October 5, 1970 the restored Russian chapel was entirely destroyed in an accidental fire. It was reconstructed in 1973. Following Russian Orthodox tradition, some lumber from the burned building was used. The chapel bell melted in the fire, and was recast in Belgium using a rubbing and metal from the original Russian bell. On the bell is a small inscription in Church Slavonic which reads “Heavenly King, receive all, who glorify Him.” Along the lower edge another inscription reads, “Cast at the foundry of Michael Makar Stukolkin, master founder and merchant at the city of St. Petersburg.” via