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Joined 2 years ago
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Cake day: July 9th, 2023

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  • I get it. You’re coming up in the equivalent of GHWBush and the first egregious Gulf War. Democrats are ineffective at best, incompetent and buffonish most of the time, and often jump the fence and do the exact opposite of what you want them to do sometimes. Particularly when there’s a lot of flag-waving going on.

    But I’m here to tell you it’s not like that now. Back then, or even in the Gee Dubz horror years, there was no AOC or The Squad or Bernie or (well, yes there was Bernie but he got no press. That’s a whole other story.) and there sure as hell wasn’t real-time communication between actual Democrats as to what the fuck the party thinks it’s doing.

    I’m saying that we’re pissing away a huge battleship, already gassed up and outfitted, because a bunch of russia-influenced twits who just put down Das Kapital and have less than zero experience with the machine that is the US Government, thinks Democrats bad.
















  • They were the organ for Glenn Greenwald, they were founded on the back of the Snowden revelations. He (Greenwald) “somehow” drifted into MAGAland and they booted him out in 2020.

    In February 2024, The Intercept laid off 16 staff members, one-third of its newsroom. In April 2024, the outlet fired William Arkin and Ken Klippenstein resigned in protest.

    . . . At launch, Omidyar pledged $250 million in funding. The non-profit arm of First Look Media budgeted $26 million in both 2017 and 2018, according to public filings, much allocated to The Intercept. Top journalists received top dollar, with Greenwald being paid $500,000 in 2015.

    The Intercept was awarded a grant of $3.25 million from Sam Bankman-Fried, founder of cryptocurrency exchange FTX. It had only received $500,000 when Bankman-Fried went bankrupt and the shortfall in funding “will leave The Interceptwith a significant hole in its budget” according to its editor-in-chief.

    Omidyar ceased financial support in 2022. First Look Media offered a $14 million grant when The Intercept spun off. In 2023, the CEO discussed a financial pivot to small donors and major gifts. Donations doubled from $488,000 to $876,000 from 2022 to 2023, but failed to meet expenses. As of April 2024, The Intercept was burning around $300,000 a month.

    I think of them as the leftist Vice to Jacobin’s Mother Jones.