solidsnack9000

6 ms·

31.
by solidsnack9000 5mo ago
Because a PE can have longer time horizons than a landlord or a real estate company?
32.
by solidsnack9000 5mo ago
Nothing -- but the crazy thing is that people vote for it, not that landlords support it.
33.
by solidsnack9000 5mo ago
Consumption is a kind of voting in the economy, I suppose; but the economy is heavily geared towards making things that regular people want. How many Corollas are there for every Bugatti? If what you're saying is true, would it be unfa
34.
by solidsnack9000 5mo ago
When a PE fund buys an apartment building, isn't that really competing with landlords, not renters? The PE fund is not living in the apartment -- they have to try to rent it out, after all.
35.
by solidsnack9000 5mo ago
This is potentially a long conversation; but why would you start with rankings like this, which only go back a relatively short time? Broadly speaking, human welfare got a lot better in the last three hundred years, due to productivity impr
36.
by solidsnack9000 5mo ago
Wealthy people pay a lot of taxes in the USA. If they aren't routinely avoiding paying income tax and taxes in general, how could that be the point? It may be more realistic to view this in terms of elite power struggle. There are some
37.
by solidsnack9000 5mo ago
If those with assets keep accruing more assets the median person will suffer. How will they suffer? The people with assets, to realize a benefit from them, have to spend money. If they don't spend the money, then what's the prob
38.
by solidsnack9000 5mo ago
I'm not sure how there is a societal problem with "run-away levels of wealth". We have societal problems around food costs, housing costs, healthcare costs, &c; but people with extreme wealth are not bidding up sandwiches
39.
by solidsnack9000 5mo ago
Thank you for offering this take -- it is the only forward looking one. The anonymous internet is going away -- it is too supportive of crime and various kinds of gray area misconduct, and governments and large corporations were eventually
40.
by solidsnack9000 5mo ago
Wow! https://seeingmachines.com/understanding-driver-drowsiness-a... Since July 2022, Driver Drowsiness and Attention Warning (DDAW) systems have been required in all new vehicle types within the European Union (EU). They
41.
by solidsnack9000 5mo ago
The old, open web is too easy to attack and that is part of what has led sites to adopt technologies like this. I hope there are better solutions than everyone-is-their-GoogleID, but how realistic is it that people just trying to run a bake
42.
by solidsnack9000 5mo ago
You have written quite a bit, here. It would be hard to address all of it in one reply and do it justice. You write: Maybe Ars is being too rosy-viewed about the causality there, idk. I have no partic feeling one way or the other though I
43.
by solidsnack9000 5mo ago
They are free to do it but don't. That's exactly the problem. They also don't respond to overreach in rulemaking by revising the grants they have made, so it has been a cumulative process.
44.
by solidsnack9000 5mo ago
Not really. The FAA revised the rule, but that was their choice, not the result of a ruling or even the reasoned application of a general principle. The very broad power of administrative rulemaking held by that agency is unchanged -- and t
45.
by solidsnack9000 7mo ago
I would like to better understand the reasoning behind what the author says here: A balanced 16-cavity mold costs 3-4x more than a single-cavity mold but only produces 16x the parts, which is why they only make economic sense above 500,000
46.
by solidsnack9000 7mo ago
Well, it doesn't make sense to treat a local branch of a foreign company like a foreign company for tariff reasons -- one role of tariffs is to encourage local branches. For example, Toyota builds cars in the USA; and rigorously contro
47.
by solidsnack9000 7mo ago
It's not just forking "...a bit of itself elsewhere..." -- corporations in different jurisdictions are taxed differently. That's the whole thing. The relationship between companies can be a complex matter. Do they have
48.
by solidsnack9000 7mo ago
It's not the same thing as being sanctioned. In broad outline, a supply chain risk is a company that can't sell to or have its products or components resold to USG; whereas, a sanctioned entity is one that can't do business w
49.
by solidsnack9000 8mo ago
Choosing the lowest price is rational for the consumer. Setting the trade policy that allowed that lowest price -- the USA has less protection for the semiconductor industry than it has for textiles -- was the mistake. Free trade does resul
50.
by solidsnack9000 8mo ago
The problem here is not how the US taxes corporations, but rather that there are different corporations involved. A regular citizen can not establish an additional, foreign citizen that "owns" them or "supplies" them w
51.
by solidsnack9000 8mo ago
Uber was found liable under the doctrine of "apparent agency" -- although Uber drivers are independent contractors, they are presented to the end user in a way that conveys a strong impression of acting on behalf of the company --
52.
by solidsnack9000 8mo ago
I see -- when you wrote "Which happened before you and I even heard about trump starting a presidential campaign..." you were referring to coming up with the plan, not meeting the target.
53.
by solidsnack9000 9mo ago
They certainly wouldn't allow EU tech companies access to the US defense market, while of course insisting that the EU and other NATO members buy US built weaponry. This is really ridiculous. There are many successful EU vendors of d
54.
by solidsnack9000 9mo ago
I mean, you offered a basically similar, implausible counterfactual. I think we can agree that it is at least parties that the EU would have opposed purchases of Chinese, Russian or Iranian weapons by the USA and vice versa -- but Russia an
55.
by solidsnack9000 9mo ago
My understanding is that the 2% budget commitment was met or exceeded by all NATO countries only as late as 2025. The Obama administration ended in 2017. Europeans not taking care of themselves has been "undermining the relationship&qu
56.
by solidsnack9000 9mo ago
The Trafalgar class were nuclear attack submarines made at Barrow-in-Furness shipyard in Cumbria. The current Astute class were also made there. A nuclear submarine is one with nuclear propulsion, not nuclear weapons (just like a diesel-ele
57.
by solidsnack9000 9mo ago
The US actually controls the distribution of those machines already, because they incorporate made-in-USA export controlled technology.
58.
by solidsnack9000 9mo ago
And a few innovative Europeans look on EU regulation with disgust and leave, taking their companies with them.
59.
by solidsnack9000 9mo ago
The EU's actions over the last 30 years have undermined it almost perfectly.
60.
by solidsnack9000 9mo ago
If the EU can find a path to a balanced deal with China, great -- but becoming a Chinese vassal would not improve the situation.

More ›