blackhawkC17

7 ms·

31.
by blackhawkC17 2y ago
$9 billion annually [1] qualifies as not spending it, I guess. I wish people actually checked figures before ranting online. 1- https://projects.propublica.org/nonprofits/organizations/231...
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by blackhawkC17 2y ago
They spend $9 billion annually on exactly that. This "hoard" can, checks notes, fund barely two years of operations. https://projects.propublica.org/nonprofits/organizations/231...
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by blackhawkC17 2y ago
> They were given land and money specifically to serve the public good. Their duty is to deliver education. It's not solving political problems meant for elected officials (and the population at large).
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by blackhawkC17 2y ago
We could try explaining this to someone in a poor country scraping by on $50 monthly. Hint: They'll laugh at us in the face. There's a reason people take huge risks to flee to the West, including traveling on unsafe boats, crisscr
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by blackhawkC17 2y ago
> The wealth of the West is build on colonialism. It's built on rule of law, stability, low corruption, and good governance. Most countries lack these factors, making them stay poor. Signed: Someone from a poor, developing country (
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by blackhawkC17 2y ago
> Do you have any concerns about how capital openly purchases the interests of politicians in the us? The U.S. and the West at large aren’t perfect, but it fairs much better than most of the world in preventing corruption. Capital also p
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by blackhawkC17 2y ago
I’m a non-Westerner (Nigerian in particular). Corruption in developing/underdeveloped countries is extremely worse than in developed countries. My country is a fitting example. Most citizens (of all classes) don’t pay taxes, people pay
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by blackhawkC17 2y ago
No country is 100% immune to it. But some countries have developed systems to tame the effects as much as possible. Examples are most of Western Europe, the U.S., and Canada. There’s a clear correlation between low corruption and high econo
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by blackhawkC17 2y ago
> Glad they found oil and now have insane GDP growth. Guyana has weak political institutions and high corruption & tribalism. It’s more likely to become a poor resource-cursed nation than a successful one. I truly hope this isn’t the
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by blackhawkC17 2y ago
For those wondering, these figures are quoted in the Guyanese dollar, not the U.S. dollar. 1 Guyanese dollar equals 0.0048 USD.
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by blackhawkC17 2y ago
SEEKING WORK | Remote Technical, Business, and Finance Content Writer. I'm open to writing gigs, either technical writing or business/finance-related stuff. I have 5+ years of experience in professional writing. I run a tech/
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by blackhawkC17 2y ago
By this logic, cars and industrialization also enabled fascism.
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by blackhawkC17 2y ago
Some people are so stuck in their bubbles that they can’t imagine anything else.
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by blackhawkC17 2y ago
I wish we had many more “salesmen” like him in other industries.
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by blackhawkC17 2y ago
Communism requires a strongman to enforce top-down. Most people would reject communism if they had the freedom, so the freedom is one of the first things to go under communist rule.
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by blackhawkC17 2y ago
The Economist's specialty is business and finance, not science. It's not out of the place for their journalists to make such mistakes, the same way many science publications make silly mistakes when talking about business matters.
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by blackhawkC17 2y ago
I think we're in agreement here. I never said the West inherently has more altruism. However, the West's high GDP is what enables Westerners to give more to free computing/internet-related projects offering excellent value. W
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by blackhawkC17 2y ago
You didn't read the story but conclude it's a lie? The Economist is a respected publication, the type that cites factual stats rather than spin BS like many mainstream news outlets.
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by blackhawkC17 2y ago
Your personal anecdote/experience doesn't translate into everyone's reality. Here's another anecdote: many ultra-rich people have committed suicide because they were unhappy. If money bought happiness, they wouldn't
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by blackhawkC17 2y ago
Sometimes, I wish the U.S. should suddenly leave the world alone, including NATO. That's when people will realize that the EU is too militarily weak to tackle Russia's aggression, and the Middle East will fall into chaos. People w
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by blackhawkC17 2y ago
> Just because the Central Comittee is called Blackrock, doesn't mean the American economy is not being more and more centrally planned. Of course, you'll mention BlackRock, the never-ending boogeyman for people with little eco
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by blackhawkC17 2y ago
> I see the rest of the world becoming more similar to China than the other way around, unfortunately. I hope they enjoy the mediocrity that comes with state-dominated economies. > The US is already a pseudo-Soviet state economically.
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by blackhawkC17 2y ago
There should be a word for when someone picks the most extreme situation to prove their point. Yes, the U.S., Europe, and all well-governed democracies aren't perfect, but they're much better than China in that regard. A litmus te
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by blackhawkC17 2y ago
These free things (Wikipedia, Linux, etc.) are sustained by a high GDP that translates to high incomes and, in turn, people willing to donate time and money for them to remain free. Let's try living in a country with a measly GDP per c
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by blackhawkC17 2y ago
> The Breakthrough Prize, renowned as the “Oscars of Science”, recognizes the world’s top scientists working in the fundamental sciences – the disciplines that ask the biggest questions and find the deepest explanations. > Each prize
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by blackhawkC17 2y ago
There’s nothing racist about stating that strong institutions and rule of law lead to economic success. It’s an obvious truth, which many Africans reject for some reason. I’m Nigerian, and my country is a clear example of how excessive corr
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by blackhawkC17 2y ago
Taxes make a government accountable to citizens. While not paying taxes because of oil wealth might seem enticing in the short term, it'll lead to disaster in the long term if a government becomes accountable mainly to the resource ind
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by blackhawkC17 2y ago
The nonprofit is controlled by trustees and bound by its charter, not shareholders. Any profit a nonprofit organization makes is retained within the organization for its benefit and mission, not paid out to shareholders.
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by blackhawkC17 2y ago
> How do you know they had no profit with all of the deals with major companies and having one of the most popular software services in existence? By reading their Form 990 filings, which are publicly accessible here: https://
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by blackhawkC17 2y ago
Starvation due to war blockades, not because of lack of food; Gaza wasn’t starving before Hamas invaded. Unlike in communist countries where famine occurs because there’s literally not enough food to go around. No offense, but it seems you’

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