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Joined 2 years ago
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Cake day: July 11th, 2023

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  • Stop carrying water for the DNC, they don’t deserve it.

    You have Trump (both times) because the vast majority of the population were unhappy with their circumstances, and the trajectory it was on.

    How is it dividing the party to propose they follow their own bylaws and face a suits or primary challenge? Why is it their divine right to run unopposed, what - just because they’re incumbent septuagenarians who’ve gotten ungodly wealthy off insider trading and kick-backs from corporate lobbyists?

    Make no mistake, the Dems are on track to win big in the mid-terms and in the 2028 election. But with feckless figures like Schumer and Jefferies at the helm, they are all but guaranteed to squander this once in a generation opportunity to make a fundamental change in the direction of the nation.

    And when they inevitably drop the ball, young voters will seesaw back away from the Dems just as quickly as they did from Trump, and Biden before him.

    Without a strong, progressive solution towards income, healthcare and housing affordability for the bottom 80%, and soon - America will not be able to pull itself out of the death-spiral it currently finds itself in.

    More of the same failed Liberal policies simply won’t suffice in this day and age, and you are a gullible fool if you still think that it is.


  • Most corporatist/centrist Dems stand to benefit from the current status-quo and aren’t incentivised to support any radical shakeups.

    This is causing the increasingly nihilistic populace (younger millennials and Gen Z) to flock to the extremes of the political spectrum. They rushed to Trump because he promised to improve their lot in life, and now they’re realising it was all a lie. They’re the cause for the 10+ point swings we’ve seen in the special and off-year elections thus far.

    However, unless progressives are able to challenge and unseat existing Dems in sufficient numbers to be able to put forward a strong change in policy - we are only going to witness yet another exodus of support from the party towards the next GOP firebrand making false promises.

    It takes longer to mend something than it does to break it, and I fear it will take 3-4 strong Dem presidential terms to undo the damage of the two Trump presidencies, let alone set the nation on a path towards prosperity.




  • I meant relatively simple in the sense that it shouldn’t require a full re-write of existing laws - just an addition to, knowing full well that enforcement would be the biggest challenge.

    Hefty fines (over and above the value of the assets used as collateral) on the lenders if caught not reporting could help ensure compliance.

    Another way to tackle it might also be to treat the end of every financial year as a Capital Gains Event for assets over a certain threshold? That way, it just becomes part of people’s annual tax returns and taking out loans wouldn’t necessarily help avoid it.

    eg. If FY26 saw Elon Musk’s wealth increase by $10bn, he would owe ~$2bn in Capital Gains to the IRS.

    Also, to head off possible arguments: Given that the US taxes its citizens even if they live/work abroad - there would also be negligible risk of capital flight.





  • In a lot of places, rotisserie chicken are a loss-leader - they are sold below cost in order to entice more shoppers in the hopes that they will buy enough other things to more than make up for it.

    Costco does this, not only on their hotdogs but also on their chickens also.

    A lot of other times, raw commodity materials are more valuable than finished goods because of the implied value; ie there is an opportunity cost associated with transforming it into a finished good.


  • They popped up on my YouTube shorts feed a few weeks ago; as best as I can tell they’re a fan-made set of booster cards, with the purpose of parodying/piggybacking on the current booster cracking (gambling) craze - right down to the fact that it has its own set of rare ‘chase’ cards.

    I just find the low-effort art style and names charming, without ever feeling the need to participate.