fatman1683

16559 pts ยท September 13, 2017


It's definitely alarming, and I'm pretty sure we're not all ok with it, but that doesn't mean it isn't real. If you read what Warren Buffett and others have said, they're increasingly concerned about the way in which market valuations have diverged from economic fundamentals. If those factors are no longer significant in driving valuation, what else is left besides rich people's feelings?

17 minutes ago | Likes 1 Dislikes 0

Watch him buy up a shitload of Nvidia stock right before he announces that he's delaying the tariffs.

2 days ago | Likes 3 Dislikes 0

I'm not disagreeing with you, but I feel like if any billionaire insider liquidated stock to pay wealth taxes, they would do their absolute best to make SURE that it was disruptive, so that they could point to it as a reason why wealth taxes are bad.

This isn't a reason not to do it, but a consideration when deciding how to do it to minimize the ability of the wealthy to fuck with the system.

3 days ago | Likes 1 Dislikes 0

Well it's definitely not a new pope

3 days ago | Likes 5 Dislikes 0

I'm not at all in disagreement. It works the way it works because that's how the people who benefit from it want it to work. Should it be this way? No. But if we're going to discuss it we should at least do so honestly.

Stock prices, especially today, are mostly a function of investor sentiment and confidence. Anything that impacts that confidence is going to impact stock prices.

3 days ago | Likes 3 Dislikes 0

Not disagreeing with you, but Scott's case is slightly different in that she's not connected to the company, so her selling the shares was expected and pretty much a non-event from the perspective of investor confidence.

An insider like Brin selling a large quantity of shares would be seen by some people as an indication that he doesn't have confidence in the company's future, and they would want to sell their shares as well.

It's perverse but this is how it tends to work.

3 days ago | Likes 5 Dislikes 5

Sadly not, the sentiment that props up stock prices is entirely built around greed and accumulation of wealth. If he announced he was donating his wealth, other wealthy people would think he no longer cares about the stock price and they would unload.

The system is a feedback loop of greed. The greedier you are, the greedier you get to be. If you decide not to be greedy, you're a threat to the system.

4 days ago | Likes 1 Dislikes 0

That's entirely the point. Their core tenet is that you can't tell them what to do, but they can tell you what to do. They are in control and you are at their mercy.

It is the power fantasy of the weak-minded and cowardly applied on a political scale.

4 days ago | Likes 17 Dislikes 0

I thought it was Aunt Tifa

4 days ago | Likes 6 Dislikes 0

Optics have nothing to do with it. As long as they're married she's covered by spousal privilege.

5 days ago | Likes 2 Dislikes 0

Selling treasury securities IS how the US borrows money. It's not exactly equivalent to a loan, but it's still problematic in the sense that the people who are responsible for choosing what Social Security invests in are the same people who run the organization receiving the investment.

It would be a conflict of interest/breach of fiduciary duty for any actual investment manager.

5 days ago | Likes 1 Dislikes 0

They'd need to be rebuilt after a prop strike whether they're running or not, that's why the pilot used the starter to bump the engines around so the props were horizontal and wouldn't hit the ground at all.

1 week ago | Likes 9 Dislikes 0

A scratch or other mark made after striking would be a depression, this looks like a raised feature caused by metal flowing into a defect in the die when the coin was struck.

1 week ago | Likes 1 Dislikes 0

I dunno, I can totally buy TNG Picard having some major fucking PTSD and anger issues. DS9 shows a brief moment of him having to confront the consequences of the Locutus incident, imagine living with that every day of your life?

1 week ago | Likes 4 Dislikes 0

The window.

1 week ago | Likes 2 Dislikes 0

"modern" anti aircraft projectiles self destruct after a bit so you get a shower of tiny fragments too small to hurt anyone. I have my doubts about what Russia is using at this point.

2 weeks ago | Likes 1 Dislikes 0

Nah, stupidity is a lack of intellect and is not something an individual has much control over. These people are hateful, and they support him because he validates their hatred. The blind acceptance is just a facade they project so they don't have to acknowledge this, but dig deep with any of them and they all reach the point of admitting that the only thing that matters is that he hates the same people they do and he's using his power to hurt them the way they wish they could.

2 weeks ago | Likes 8 Dislikes 0

MournHub

2 weeks ago | Likes 1 Dislikes 0

What's the conversion to steamed hampower?

3 weeks ago | Likes 10 Dislikes 0

I know right, the paper towels I can steal from the gas station bathroom don't even come on a roll. Who has paper towel money in this economy?

3 weeks ago | Likes 1 Dislikes 0

The underlying research that leads to drug development is almost always publicly funded and peer reviewed. Pharma companies are happy to let institutions foot the bill for basic research while they focus on turning that knowledge into profit. I totally agree with you about the monster that is the pharmaceutical industry, but they're not where most of the science is done.

3 weeks ago | Likes 3 Dislikes 0

This is true of a lot of drugs, it takes a long time to develop a complete understanding of all of the effects of any medication on the body. They're approved and prescribed because the risks of the disease they treat are worse than the risks of the side effects we know about. Sometimes we discover other worse side effects down the line and they get modified or withdrawn. Science is a process, you're never going to know everything.

3 weeks ago | Likes 4 Dislikes 0

This man has never had a Marie Callender's pot pie and it shows.

3 weeks ago | Likes 160 Dislikes 9

Ohhhhh so this is what "breasting boobily" looks like.

3 weeks ago | Likes 32 Dislikes 2

This may depend on the terms of the deal the municipalities have with Flock. It's not uncommon for things like this to be written as a services contract, meaning the customer pays for the services, but the hardware and equipment are the property and responsibility of the provider. This would put Flock themselves on the hook for replacing damaged or destroyed cameras.

3 weeks ago | Likes 27 Dislikes 0

It can be exchanged for goods and services.

1 month ago | Likes 12 Dislikes 0

That sounds like how William Gibson would describe La Croix

1 month ago | Likes 2 Dislikes 0

Paige! Glow!

1 month ago | Likes 7 Dislikes 2

Those were DUKWs, World War Ii-era amphibious transports. They had them in Seattle last time I was there too.

1 month ago | Likes 6 Dislikes 0