testfoobar

6 ms·

31.
by testfoobar 6mo ago
This would require a Constitutional Amendment - a pretty high bar. https://constitution.congress.gov/browse/essay/artII-S2-C1-3...
32.
by testfoobar 6mo ago
Allegations of insider trading are not the same as convictions of insider trading. No publication should be in the business of allocating criminal responsibility in advance of legal proceedings. If a crime is suspected then it should be r
33.
by testfoobar 6mo ago
I remember being dazzled by Xeyes.
34.
by testfoobar 6mo ago
"Exclusive: Trump's approval hits new 36% low as fuel prices surge amid Iran war, Reuters/Ipsos poll finds" https://www.reuters.com/world/us/trumps-approval-hits-new-36...
35.
California's Venture Capital Diversity Reporting Requirements Take Effect(wsgr.com)
19 points by testfoobar 7mo ago|7 comments
36.
by testfoobar 7mo ago
In the US, I would imagine a tragedy such as this would be litigated and end in a financial settlement potentially including economic, pain & suffering and punitive damages, well before a decision allocating blame by a jury.
37.
by testfoobar 7mo ago
1. Is this a one off event due to Block's unique business environment? 2. Will other tech firms consider such large layoffs in the near future?
38.
by testfoobar 7mo ago
This feels rich. Compare: Adyen: $29.408B right now at Yahoo Finance. PayPal: $41.51B right now. https://finance.yahoo.com/quote/ADYEN.AS/ https://finance.yahoo.com/quote/PYPL/
39.
by testfoobar 8mo ago
For elite colleges, it is a pithy aphorism that the hardest part is getting in.
40.
by testfoobar 8mo ago
I miss the old Whole Foods.
41.
by testfoobar 9mo ago
Really impressive tech. I don't understand the insurance ramifications of installing and using this system. Comma's website links to a 7 year old reddit thread: https://comma.ai/support#will-my-insurance-cover-my
42.
by testfoobar 10mo ago
It is instructive to ask why voters are uninterested or incapable of selecting honest politicians? Or another way to state my point: voters are getting exactly the politicians they voted for. There is no majority-constituency that seeks a
43.
by testfoobar 11mo ago
Bringing down asset prices is what is necessary for younger workers to have a chance. As it is - young people will be perpetual wage slaves and never build capital (e.g. home equity, retirement funds) like previous generations. The fear,
44.
by testfoobar 11mo ago
Something is observably wrong. The ratio of rent to income has drastically changed against workers - this is destructive to society. But the cause is deeper than rent price controls, minimum wage and worker protections. After the 2008 fina
45.
by testfoobar 11mo ago
First - a rent freeze directly transfers inflation costs to the property owners. It is a tax by another name. Second - there is no similar freeze on property taxes - or the expected inflation in maintenance costs, insurance, and so on. Ag
46.
by testfoobar 11mo ago
You can see this in California with its mandated $20/hr fast food minimum wage. Restaurants responded by cutting workers or cutting hours. https://www.nrn.com/quick-service/california-lost-16-000-res... "It
47.
by testfoobar 11mo ago
Of course Krugman got that wrong. It is funny. But economists don't disagree about the effects of price controls. These are easy to observe and model. These concepts are also taught to Economics undergraduates all over the world - o
48.
by testfoobar 11mo ago
The underlying cause of impoverishment where inflation of housing, healthcare, and education is outpacing income is an expansionist monetary policy. ZIRP (Zero interest policy) along with QE (quantitative easing) pushed ever increasing amo
49.
by testfoobar 11mo ago
Increasing supply brings down prices. But a builder will not build at a loss or an imminent threat to their rental income from expansion of rent freezes. A city with an expanding rent-freeze is not inviting new supply.
50.
by testfoobar 11mo ago
The underlying cause of runaway asset price inflation is ZIRP and QE. Renters experience it as rent increases outpacing wage increases - this is socially destructive. But neither Mamdani (DSA) or Democrats or Republicans are willing to tou
51.
by testfoobar 11mo ago
Rent control is always initially popular with the people who are already in apartments. But it is longer term effects on supply and quality that are corrosive. An alternative is Austin: https://www.texastribune.org/2025&#x2
52.
by testfoobar 11mo ago
My understanding is that he is proposing a 4 year freeze on about 1 million units. https://www.curbed.com/article/zohran-mamdani-housing-rent-f... archive: https://archive.ph/hnK4Q "The 34-year
53.
by testfoobar 11mo ago
Mamdani's and by extension, his voters', ignorance about the effects of price controls in markets will be an interesting real-time political experiment. When the inevitable unintended outcomes become to emerge who will be blamed?
54.
by testfoobar 1y ago
I think this friday, October 10th and friday, October the 24th are paydays for Federal employees this month - and I hope everyone gets paid on time. How will the Federal workforce manage their own cashflow if either or both paydays are skip
55.
University of California fund ditches hedge funds with scathing rebuke(ft.com)
6 points by testfoobar 1y ago|0 comments
56.
by testfoobar 1y ago
Outside of just wanting privacy for its own sake, there are many, many reasons to keep social media profiles private: health privacy, sexual orientation privacy, relationship privacy, location privacy, financial privacy, etc. “To facilitate
57.
by testfoobar 2y ago
Yes and no. There are encumbrances and liabilities that emerge that cannot be removed. Diseases, children, aging parents, accidents are all things that happen and can sometimes eat up all available resources.
58.
by testfoobar 2y ago
Here is the thing - the last times were always true. It's just that during youth it doesn't feel that way. Life seems endless. It never was.
59.
by testfoobar 2y ago
Further detail from Stanford here: https://irds.stanford.edu/data-findings/staff-headcounts "Methodology & Definitions Staff Headcount Staff headcounts include all regular, benefits-eligible university employ
60.
by testfoobar 2y ago
MIT 2024: 11,886 students. 17,490 Staff. MIT Staff to student ratio: 1.47 No medical school. The 17,490 number includes 4,500 Lincoln Lab staff. Backing those out. We get 12,990 MIT Staff. So an MIT Staff to student ratio of: 1.09 http

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