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After Marx’s philosophy caused a famine that led millions to die, you think he has useful agriculture knowledge to teach us?

Not a nice timing by the treasury to post this at the same time that many companies fire employees, war is going on, and fuel is running out. Everything is piling up it seems

The good news is that a currency issuer cannot become insolvent. This is literally just semantic libertarian scare propaganda. I strongly urge you to watch Stephanie Kelton's interview on The Daily Show a few years back to calm your mind a bit.

https://www.youtube.com/watch?v=1JpZZcD8C4M

Meanwhile, let's step back a bit... if we pretend that the US is insolvent - a repo man is going to come take it away with a big truck - do you really think that the US treasury is structured in a way that allows them to hold back something that significant because the national mood is anxious and they don't want to make people feel extra sad on a Monday? Seriously: wth.


When other countries historically went insolvent they too pretended it meant nothing.

I would be genuinely interested in discussing MMT with you in good faith.

When do we cross the barrier from incompetent to nefarious?

They're orthogonal, so there's no barrier. They're all nefarious, and most are also incompetent.

Getting yourself installed as president while knowing you are incompetent (I mean, look at all those bankrupt businesses, he should know) is nefarious in itself. His entourage is nefarious for supporting the incompetency for their own gain.

If people are giving you money, are you truly incompetent?

I think we're using different scales to measure competency.


Competent enough to receive money, not competent enough to run a country well. But now we're getting into very subjective stuff, I'm sure his handlers are quite OK with what he's doing. It doesn't matter it all looks super suspicious, they are confident they won't face any consequences.

If you're incompetent maybe you don't know you're incompetent? I think probably a lot of people told him, but he's also very stubborn, so. He's been rocking that god fucking awful spray tan for decades now.

I mean, Christ, we have good spray tans, I know we do.


One of the few conspiracy theories I kinda believe is that Trump's 2016 presidential run was a grift and he expected to lose.

Everything since has just been an inability to admit he was in over his head, plus trying to get out of trouble for all the crimes he did. He (and Clinton) just underestimated how susceptible the US was to a demagogue. If you look at his face after the win was announced on election night, and after the first meeting with Obama for the transition, I think it shows plainly on his face.


And they are not nefarious and competent while pretending to be incompetent?

The Nazis were hilariously incompetent, but it didn't make them any less dangerous.

It's not an either-or question; they're very transparently both nefarious and incompetent.

they are incompetent at running a successful government and maintaining hegemonic domination for western interests.

they're doing a fine job of screwing the world for their own gain, and/or working as sock puppets of foreign governments.

at no point was there ever a true belief, except for the "idjit" demographic, that trump would ever do anything meaningful in a governance sense.


So what does that say about their opposition who lost all three branches of government to them?

Populist evil polls better than technocratic evil.

Not nefarious enough?

this is cyclical in america by design. see 2016 then 2018 than 2020 etc…

it says that playing by the rules means losing work when the other party doesn't.

Probably January 6th 2021

Hawaii again? I hope it’s not too bad for the non-zuckerbergs

Are there people out there with Zuckerberg derangement syndrome, who can't hear about something only distantly related without bringing him up?

Kauai, where Zuckerberg's estate is, has not been affected. So yes, it's been bad for non-Zuckerbergs


Why are you defending the billionaire?

So we have many moral frameworks we can pull from

Deontology judges actions based on rules and principles

Consequentialism judges actions based on the consequences

What would you call it when the morality of the action depends on the income level of the victim?


I don’t care about his income level. I just look at the negative effects of Facebook on society, his lying in interviews, the poor care about privacy, and things like that.

What part of my comment did you understand to be a defense of Zuckerberg?

I mean, he did sue a bunch of poor people to remove any possibility that they might make ancestral claims on or around his super abundance of land. It is in really bad taste and a testament to his lack of character.

There's a long history of rich assholes moving in and using their property rights in bizarre ways that gain them basically nothing while fucking everyone else.

Oprah bought a huge estate in Maui, then used it to block the back road from Kihei to upcountry, forcing a much longer drive around. It doesn't go through anything of interest to Oprah or gain her anything, just a big fuck you to everyone else because she can.


Sometimes I see a silver lining to this behavior but it comes down to personal taste. A number of people likely appreciate that nice buffer between them and Kihei.

Do they not have eminent domain laws in Hawaii?

Not sure, but during the wildfires people went through anyway.

Gross mischaracterization. He filed an action in court to buy the land, because each parcel had dozens of owners that nobody even knew who they were, including the owners, until the court discovery happened.

" The land is made up of a few properties. In each case, we worked with the majority owners of each property and reached a deal they thought was fair and wanted to make on their own.

As with most transactions, the majority owners have the right to sell their land if they want, but we need to make sure smaller partial owners get paid for their fair share too.

In Hawaii, this is where it gets more complicated. As part of Hawaiian history, in the mid-1800s, small parcels were granted to families, which after generations might now be split among hundreds of descendants. There aren’t always clear records, and in many cases descendants who own 1/4% or 1% of a property don’t even know they are entitled to anything.

To find all these partial owners so we can pay them their fair share, we filed what is called a “quiet title” action. For most of these folks, they will now receive money for something they never even knew they had. No one will be forced off the land."


So let me get this straight,

Big players defraud the common people -> no prosecution

Common man defrauds the big players -> prosecution


Could you provide an example of the former?

- AT&T “unlimited” mobile plans - Purdue Pharma's OxyContin push - Juul marketing vaping products as a "safer alternative" to smoking - Facebook's sale of user data to Cambridge Analytica - Wells Fargo opening fake accounts for people - ...

All of your examples are downright terrible, but perhaps that's to be expected with these sorts of arguments.

> AT&T “unlimited” mobile plans

https://www.att.com/plans/unlimited-data-plans/

There's a huge bolded disclaimer literally in the middle of the page which says "AT&T may temporarily slow data speeds if the network is busy."

> Purdue Pharma's OxyContin push

Forced to file for chapter 11

> Juul marketing vaping products as a "safer alternative" to smoking

It is strictly true that the vaping products sold by Juul are vastly safer than smoking.

> Facebook's sale of user data to Cambridge Analytica

Not fraud.

> Wells Fargo opening fake accounts for people

https://www.justice.gov/archives/opa/pr/wells-fargo-agrees-p...

Huge penalties far exceeding their gains from this scheme conducted exclusively by low-level employees.


> Forced to file for chapter 11

How many Sacklers are in jail for what they did to people? None. Purdue pleaded guilty, but no Sackler family member went to jail. The settlement totals about $7.4 billion, with roughly $6.5–$7 billion coming from the Sacklers and about $900 million from Purdue. Earlier estimates put the family's wealth around $11 billion, so they remain enormously wealthy. Hundreds of thousands have died in the opioid crisis, ruined families got no real justice, and no Sackler went to prison... great punishment.


> no Sackler family member went to jail

Perhaps none of them personally engaged in conduct that merits a prison sentence? Which of the Sacklers do you believe should have been charged, and for what conduct?

> Earlier estimates put the family's wealth around $11 billion, so they remain enormously wealthy

Why wouldn't they? The company had been around for a hundred years


Now I understand your point. I narrowed my thinking process to the music industry. You're right that companies usually never "go to jail" just "kindly" pay the fee eventually. I remember there's movie "Corporation" which tries to prove that if company is a person (legal person), this person has a personality disorder

The big example is probably AI training not being counted as piracy.

How is that an example of the big players defrauding the common people?

I'm surprised this article made you realise this now.

I print books myself at home and have a lot of Amazon books lying around. What usually is the problem with Amazon printed books is that the author didn’t put in the extra time to get everything right. Professionally printed books for example use slightly gray letters on creme paper. Like for websites, this lowers the contrast and feels more natural for humans. Furthermore, many Amazon books are just poorly formatted. Text too big, margins too wide, cover misaligned with spine, text not justified properly, and things like that.

> Professionally printed books for example use slightly gray letters

This is simply an artefact of offset printing.

> Like for websites, this lowers the contrast and feels more natural for humans.

Text printed by an industrial laser printer on cream (or Natural Shade as it's called in the industry) paper looks discernibly crisper than what an offset printer produces.


I was reading your comment and thought you were a bit too extreme, but then I thought about it and was like "Hmmm. Yes. Sounds pretty accurate actually." So yes I agree.

Fair enough


There was some news suggesting that it would come [1].

[1]: https://www.uctoday.com/unified-communications/amazon-layoff...


> Turns out fighting spam is expensive, easier to just do a combo of boosting really big sites and blessed spammers that use your ad network.

Plus based on the results it’s not entirely clear that only the ad part are ads. Especially around certain topics where money is involved, the Google first page is often showing companies that could profit from traffic


Well, right, a separate problem is that some notable amount of Google's revenue comes from fooling people into thinking that ads are "natural" search results. To include an extortion racket where you have to pay for ad placement for your own exact company and product names so competitors don't get ads-masquerading-as-results placed above you. Plus this is a super-helpful feature to scammers, like it's basically scam enablement trust-laundering as a service. If we had a functioning government and market guardrails the FTC would have been all over them for this many years ago, besides which they'd long ago have been broken up into several separate companies and denied a bunch of the acquisitions they've performed.


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