Because they manage to attract investment.
As long as investors are willing to give cash in exchange for equity, a company can operate on that cash and run at a loss.
Because they manage to attract investment.
As long as investors are willing to give cash in exchange for equity, a company can operate on that cash and run at a loss.
I do find it interesting how much press it gets. Especially since Iran is quite capable of hiding their tracks better.
I think the goal of Iran was to get caught, so that if the election is close, one side will accuse the other of the election being stolen through help of Iran.
It might even be Russia or China framing Iran to be honest.
And I think the US is widely sharing this information to beat the war drums and have cause to attack Iran for election interference.
I really want to hear more about Cori Bush’s plan to take down AIPAC.
It’s time to do it.
But Kamala really shut down those protesters!
Can’t we focus on Kamala instead of the gcide?
(Disclaimer: I do support Kamala. Lesser of two evils and all. But I hope Americans grow a conscience.)
He should have said almost every.
But thanks for pointing out the mathematical truth ☝️
Yeah, the smell is obnoxious. I’m not surprised at all. Seems like a “water is wet” finding.
For one, you can’t transfer a 401K to your kids.
You have to first cash it out, pay income tax and then you can transfer what remains.
Then you’ll need to educate yourself beyond what the government tells you.
Look up the ProPublica leaks. Someone is serving a very long jail time for leaking that out. It clearly shows how billionaires have very low taxable income, probably lower than yours.
To then say that you are upper class and Jeff Bezos is middle class is… Absurd.
The top 10% of income is not upper class. The error that people make, including you, is to focus on income.
People like Elon Musk have incomes smaller than $100K.
Upper class are the people who do not need to work and who live off of capital.
We need to shift our focus on wealth equality.
Look, the economy needs capital. If we want to be less dependent on the capital of rich people, then middle class people need to take over that role.
The people making $100-300K per year are key, because they can provide an alternative source of capital if their tax burden is lowered.
The people making $50K will not be able to provide large amounts of capital.
Yes, I fully agree.
So we need to find the right messaging.
I don’t know about Germany, but here in the Netherlands most people identify as middle class.
So “stop taxing the middle class” and “let the billionaires pay more” is a message that should resonate.
I’m optimistic and I believe we will get there. The level of equality we have today would be unfathomable for somebody living before 1945.
Which is why the tax system needs to be reformed.
The political right actually has one good point that we on the left don’t always appreciate: taxes on middle class people should be lower.
Specifically, very liberal tax exemptions on things like 401Ks, including the ability to transfer wealth across generations.
Combine that with higher taxes on the wealthy, and it will be possible to shift power to the middle class.
Consider the total market cap of the S&P 500, rounded up it’s about 50 trillion. Divide that among 130 million households and each household should own about $400K in stock on average.
Full equality is neither achievable nor desired by most people, so a good scheme would be to let every household hold up to $1M in wealth, tax exempt.
And then progressively tax everything above that.
As a European, I am appalled that I didn’t get to vote for Harris.
Gotta share the love man.
If he goes full Dark Brandon with his immunity, perhaps in his lame duck period, then that would be epic.
I got the popcorn ready.
In don’t agree with people downvoting you for sharing your honest thought.
What I would say is this: more and more countries are looking to lower the voting age to 16.
I think that’s a nice step to give the youth a little more say.
And for the rest, people don’t seem to realize that all their investments will be worth nothing without workers to keep the economy chugging when they retire…
You either have kids, or you will depend on someone else’s kids. Both are fine, but don’t complain about picking up some of the burden to raise them.
I am not a lawyer, but what is clear is that each State sets its own laws. By the constitution, States are in charge of elections.
What I have heard is that Biden has to release his delegates, who are already bound to him. Many states have already had their primaries completed with the Biden/Harris ticket winning.
Sending those electors to the Convention and letting them choose someone else is going to be a grey area.
If they choose Harris, it’s pretty sound. When a president steps down, the VP becomes president, so there is definitely precedent and a legal basis.
But if Biden releases his delegates and lets them vote for anyone? That will be challenged and it will go to the supreme court. And SCOTUS is corrupt enough to find some flimsy legal excuse that helps Republicans.
So yeah, that’s what I’ve heard. But I am not an expert.
Well, to be fair, he should have stepped down a year ago, or at least 3 months ago. I vaguely remember him saying he was going to be a 1 term candidate in 2020.
Anyway, I respect Biden. I honestly think he was a better president than Obama, Bush, Trump and Clinton. Perhaps the best since Carter or JFK.
Correct.
And Kamala is the most logical choice, because there will be the least amount of legal hurdles, since she was already on the ticket.
And the Republicans already said they are going to mount legal challenges, which can easily lead to SCOTUS deciding the election. So I expect Sanders, AOC and progressives to strongly push for Kamala.
But I fully expect the DNC to push forward some corporate candidate like Bloomberg.
It’s going to be interesting.
That’s going to be very difficult to achieve. Anything below the Berne convention is a legal impossibility.
What I think should happen, is that digital preservation should become a recognized fair use.
For example, digital content should be offered without DRM and at minimum price to recognized libraries for archival purposes.
If this is not done, the libraries may break the DRM themselves.
As soon as the copyright holder stops offering the content at reasonable prices to the public, the libraries are free to lend out the DRM-free content to the public.
And when the copyright term expires and the works enter the public domain, the libraries may immediately offer the DRM-free copies to the public.
The advantage of such a scheme is that it only requires one country to legally mandate it. And that country will not be in violation of the Berne convention or other treaties.
You are totally right.
Fascism appeals to humanity’s most basic impulses and fascists will therefore always be a threat to democracy.
People crave the strong, authoritarian leader who will protect them from danger.
Yep, all the electrical engineers who have chimed in say it looks more like explosives.
A battery would get hot and start a fire. It wouldn’t instantly explode like this.