Friday, November 13, 2026

How Much Wealth Does It Take to be Safe in the United States?

 "Clever tyrants are never punished." 

~ Voltaire


How Much Wealth Does It Take to be Safe in the United States?

Pulitzer Prize winning journalist and illustrator Mona Chalabi’s new book is about wealth inequality in America. Ten Lives: How What We Have Shapes Who We Are (Amazon) follows ten people with ten different incomes, from the bottom 10% to the top 10% and everything in-between:

For five years, data journalist Mona Chalabi followed them all, documenting how wealth shaped their feelings, their choices, their identities, and their insecurities. She researched the data behind their taxes, groceries, inheritances, and so much more to understand the systems that keep people stuck. But then, she too found herself facing the same fears, when her mother’s sudden illness and subsequent medical bills threatened her own financial safety and made the questions she had been writing about all too real. How much money is enough? To live a “good” life? To protect the people you love in an emergency?

This looks great — Chalabi’s work is always worth a look. Shades of Studs Terkel and What Do People Do All Day crossed with Barbara Ehrenreich. Chalabi did a recent interview with It’s Nice That about the book.

Part of the message of the book is that class doesn’t show up enough in our intersectional identities, and that that’s fundamentally dishonest. I would hope that people read the book and then get much more fluent and comfortable with describing their current wealth and income, as well as the one that they grew up in. I think that’s kind of ambitious, but you never know.

Ten Lives is out today in the US.



The Parents Suing Schools Because Their Kids Got Bad Grades Wall Street Journal


HOW PRIVATE EQUITY IS BUILDING A VOLLEYBALL EMPIRE ON THE DREAMS OF 12-YEAR-OLD GIRLS Bay Area Volleyball Group 


Wall Street’s $1.5 Trillion Debt Bubble Could Be More Dangerous Than AI Wealth Advisor


Australia Regulator Halts Private Credit Fund on Bathla Risks Bloomberg


North Korea Is Allegedly Using Elon Musk and Cartoon-Themed Meme Coins to Launder the Billions in Crypto It Stole From Binance Futurism


Liverpool - This Sydney council was called the state’s ‘worst’. A $4m inquiry has found otherwise


I discovered a sound that leaks your exact location (and it’s everywhere)

A YouTuber discovered that most videos contain inaudible background audio that can be geolocated by using airplane flight data: “This video examines the amount of location information carried by inaudible background sounds, using the Doppler effect to locate a reference recording within ~100m, and only needing (in some cases) less 1-min of audio. This video raises awareness of these capabilities and closes by discussing preventative measures one could take. Methodology: 

Aircraft position, altitude, and velocity data were sourced from ADS-B data and filtered in Python using ICAO type-code classification for propeller vs jet types. For each candidate location on a 200m grid, the closest point of approach (CPA) and sound propagation delay were computed from 3D slant distance, using a digital elevation model (DEM). 

Doppler curve spectrogram measurements constrained each event’s velocity and CPA slant distance. Candidates were then filtered by the 920-second offset between two flyovers, plus a silence constraint. The exact Doppler curve each candidate would hear was modelled, using emission-time radial velocity from interpolated ADS-B data. Modelled doppler curves were scored against the observed spectrogram using a locked two-event scoring method. 

This corrected for measurement error on CPA time & fundamental frequency, while preserving the purely physics-derived temporal offset between the two events. The pipeline was repeated again for a single 1-min clip of known time, US-wide search, and again, successfully scored the true location 1st. 

Lastly, preventative measures were assessed, including rationale behind why common signal processing fixes fail (high-pass filtering, drowning out, and phone call compression/noise reduction). This video is an educational demonstration of acoustics, signal processing, and data analysis using publicly available data. No code or tools are being released.”

Not a single care

 Not a single care







We Need More Than the Ballot to Defeat Authoritarianism

“We want the bureaucrats to be traumatically affected. When they wake up in the morning, we want them to not want to go to work because they are increasingly viewed as the villains. […] We want to put them in trauma.”
—— Russell Thurlow Vought


Leon Black sues Rep. Garcia over remarks about his relationship with Epstein Politico


Faith in financial markets is as close to a definition of insanity as we will ever get

The midterm elections in the USA have still not all been called, but what was clear from the results was that the people in that
Read the full article…


We Need More Than the Ballot to Defeat Authoritarianism

Transform US Europe 

“With the US midterm elections approaching on 3 November, the balance of power in Congress could shift. 

Yet many of the legal and institutional tools used for political repression were established long before Trump’s return to office, through 25 years of bipartisan counterterrorism policies. Less than a year into his second term, the Trump Administration issued National Security Presidential Memorandum 7 (NSPM-7), a directive to federal law enforcement to target people they believed were motivated by antifascism. 

The memo articulates this ideology as “anti-Americanism, anti-capitalism, and anti-Christianity; support for the overthrow of the United States Government; extremism on migration, race, and gender; and hostility towards those who hold traditional American views on family, religion, and morality.” In short, the administration was openly announcing their intention to persecute and prosecute people for a wide range of political beliefs….[h/t Barclay Walsh]

Thursday, November 12, 2026

No matter what you think about Elizabeth Holmes, go see this film

There’s this broader culture of Silicon Valley that she operated within, where everyone’s a liar. You start a company, you lie, you fake it till you make it, and VCs expect it, and it is part and parcel of launching a business. Elon Musk is an incredible liar—lies to the public, lies to regulators, lies to lawmakers, investors, shareholders. That’s part of the game. And she, to me, in many ways, played that same game…


… the real question is: why would you spend time with, or give two hoots about, this woman? She’s a convicted fraudster who’s been subject of a comprehensive book (Bad Blood: Secrets and Lies in a Silicon Valley Startup), documentary (The Inventor: Out for Blood in Silicon Valley) and an OK TV dramatisation (The Dropout).



No matter what you think about Elizabeth Holmes, go see this film


The documentary that follows the Theranos founder and convicted fraudster has finally arrived in Australia. It will exceed your expectations.

You Can See Everything ★★★★★

Directed by Nathan Fielder and Lance Oppenheim

Starring Elizabeth Holmes, Billy Evans, Fielder.

USA, M, 174 min

You Can See Everything, the new documentary following Theranos co-founder and convicted fraudster Elizabeth Holmes, is a delicious final deception in a wonderful year of cinema.

If you want to be part of the cultural conversation – or need to see what America has been talking about for the past month – you must see it, quickly. It’s a rare cultural phenomenon that has critics crawling over each other to top each other’s hyperbole – and spoil crucial details.

Elizabeth Holmes has been an enigmatic figure for a long time. YouTube

This film will exceed your expectations, no matter how much or little you care for Holmes. It is an endlessly captivating curio, but it is not the messiah. It’s a very naughty movie saying less about the subject than it does about the filmmakers, the documentary form, and the nature of truth.

Not that truth needs complicating these days.


On the face of it, the film’s subject, the tech poster girl, is compelling – a person of rare confidence, a fabulist and a trickster. She’s very much a paragon of her Silicon Valley era, who had a net worth of more than $US4 billion by age 30 and was heading to jail before 40, yet she remains indefatigable, noting “All I know is my truth ...”. She is entrancing in action.

The documentary’s style is also a minor mind-bender. It shifts form and tone in ways that amuse, surprise and baffle, but it always remains in some sort of control, capturing and leading the viewer while not wholly answering the multitude of questions.

That controlled imbalance is a talent of the hard-to-classify Nathan Fielder, co-director with Lance Oppenheim. Fielder’s position in contemporary culture has largely been off to the side, despite his previous TV series being broadcast on the high-profile HBO network.

He’s much admired by those, including me, who stumbled across his nebbish yet manipulative comic persona that blurred the boundaries of reality and performance in the faux reality series Nathan For You and The Rehearsal, the second series of which is a mad masterpiece.

He isn’t a mainstream star, partly because, off screen, he doesn’t play the role of celebrity, with clumsy interviews and deflections, most notably in a recent Wired cover story; and partly because his brand of awkward has more of a British comic sensibility.

Until now, his anonymity has allowed him to run wild in plain sight. That’s what allowed him and Oppenheim, who also has the drama Primetimecurrently in release, access to a macabre going-away party.

Holmes invited the co-directors into the home she shares with partner Billy Evans and their two young children, 34 days before she began her 13-year prison sentence for fraud, seemingly without doing her due diligence on the filmmakers (that wasn’t really a thing for her investors either, including the Walton family and Rupert Murdoch).

Fielder inserts himself in their lives while Oppenheim provides no slack, shooting in unstinting close-up. And 34 days becomes three years as, like any winning documentary, the story takes crazy turns that couldn’t be scripted.

Fielder’s style is a performative cinema verite. It’s not particularly new because the observational documentary form has already strayed so far from the quaint, passive style of Frederick Wiseman or DA Pennebaker.

Now the documentarian is observer, participant, agitator, advocate, therapist, star, or eater of McDonald’s exclusively for 30 days. Fielder is all but the latter, an unnerving presence in Holmes’ beachfront rental, content to let silences run and subjects fill the space.

Holmes gives as good as she gets. Her complicated personality is one thing – is she merely PT Barnum or a cold-faced killer? – but then there’s her excruciating partner. She just wants to be believed; Billy has a heightened need for control.

Fielder’s intrigue in both characters is compelling and sucks you in until he vacillates and hints at empathy, open to the robotic Holmes having a peculiar kind of humanity. Or not.

He’s so deft knowing when and how to shift the form and the story, while his frequent editor Adam Locke-Norton maintains a thrilling momentum. And Oppenheim provides a cinematic feel to what might have been claustrophobic. I can’t recall a three-hour film that has gripped me like this.

But I have questions. Many questions. Is it journalism? No. Nothing is tested, or verified – it’s all merely allowed to hang. The film’s title is an unresolved statement. Does it get to the bottom of Holmes’ mad personality? No. Arguably, it merely confuses any hard preconceptions. This documentary is more about the documentarians themselves; the compromises they make, the way their intrusion shapes behaviour, and the tricks they pull to entertain.

Then there’s a facile commercial question: will this be the first documentary to be nominated for the Academy Awards’ best picture? Surely.

But the real question is: why would you spend time with, or give two hoots about, this woman? She’s a convicted fraudster who’s been subject of a comprehensive book (Bad Blood: Secrets and Lies in a Silicon Valley Startup), documentary (The Inventor: Out for Blood in Silicon Valley) and an OK TV dramatisation (The Dropout).

But that’s the joy of this absorbing, inventive film. If the subject doesn’t get you, the storytelling will. And I have many more questions. Let’s discuss in the foyer.

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     is a film writer and reviewer for The Australian Financial Review.

    Before they started paying them to leave, the federal government embarked on a spree to expand the bureaucratic middle.

    A Canberra Times analysis of Australian Public Service Commission's employment data between June 2023 and June 2026 revealed the public service expanded its Executive Level (EL) cohort by nearly 21 per cent, outpacing the growth of the APS 1 to 6 and Senior Executive Service (SES) bands. 
    Australian Public Service Commissioner Jacqui Curtis. Picture by Sitthixay Ditthavong
    Australian Public Service Commissioner Jacqui Curtis. Picture by Sitthixay Ditthavong
    It meant the federal government added more than 10,000 new EL staff to the wage bill during the four-financial-year period.
    Between June 2025 and June 2026, the total number operational staff (APS 1 to 4) fell by about 5000 and the number of SES staff dropped by 33 while the EL ranks continued to increase with more than 1100 staff added.