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Comment I'm sure the stall has nothing to do (Score 0) 16

With the fact that arrests have dropped from 44,000 per year to about 11,000 per year because so many federal law enforcement agents have been taken off other beats and put on immigration enforcement....

Seriously look it up. If we had a functional media it would be much bigger news. Most of the Democrats sucks so hard in messaging...

Comment So hear me out on this one (Score 4, Insightful) 35

What if, and I'm just spitballing here, the news media barely covered this and certainly didn't cover the corruption angle at all because the news media is now completely owned by billionaires like something like literally 90% of the news media is owned by billionaires.

So almost nobody hears about this and then the news cycle eats the attention of anyone who does and we all just move on and forget about it. Does that work for you?

In project 2025 they call it shock and awe. Everything is a distraction from the previous terrible thing Trump did and everything Trump does next is a distraction from whatever he's doing at the time. Meanwhile the economy is continuously collapsing due to mismanagement so you're too busy trying to keep your head above water to care about anything else.

Then you mix in a little voter suppression and the fact that a billionaire Trump sycophant just bought the company that controls all of our voting machines and maybe do a few hundred billion dollars of propaganda right before the election and Bob's your uncle Trump gets a third term or at least JD Vance gets his term.

Then we had 25% unemployment, world war III takes off and goes nuclear and we Fermi paradox ourselves. I don't think the billionaires are planning on that last one but I don't think they are thinking any of this through either. They're just too busy trying to set themselves up as feudal Kings.

Comment Re:Trade Imbalance never makes sense. (Score 1) 37

They are buying up property IN CHINA, which is again just numerical garbage. They pretend their homes are worth $2 trillion instead of $1 trillon. Trade imbalance still exists.

To buy property out of China, that would be undoing the trade imbalance. But China hates when their citizens buy property out of China. They call it corruption.

Comment What the actual fuck editors. (Score 1, Flamebait) 61

This is conservative/right wing agitprop clickbait bullshit of the absolute lowest quality.

no, social media is not creating debt laden people low wages and monopolies raising prices is.

Fuck what a particularly nasty piece of clickbait. But you got me I clicked it and I commented so you win I guess.

When the species of super intelligent raccoons or beavers take over from us after we drive ourselves to Extinction through sheer stupidity I wonder what they will think of this crap.

Comment Trade Imbalance never makes sense. (Score 1) 37

Someone buys a computer from China. They get a computer.

China gets some money. Used to be a bunch of paper. Now it's a numerical notation in a bank.

Sounds to me like the guy with the computer made out like a bandit and the idiots looking at numerical notations are fools.

Yeah, I know they can trade those numbers for other stuff - that's called undoing the trade imbalance.

So how exactly is China supposed to be benefitting without undoing the trade unbalance?

They can't.

Comment So no they're not getting regulated or fined (Score 1) 82

It seems that way because you see headlines that they had such and such multimillion dollar fine levied but they appeal and don't pay the fine or it gets reduced to a tiny fraction of the profits from the illegal behavior. But funny thing the news media never seems to cover that...

I know of companies that literally have a classification system where they figure out which laws they can break. You will be shocked to find that the laws that affect rich people are generally in the list of ones they can't break while the laws that affect you are in the list of laws they can break...

Even under Biden it was difficult to get consumer protection laws enforced and the fines actually levied and paid and now the Trump is president worst case scenario you buy a little bit of trump coin and the problem gets solved.

Comment The problem isn't China's growth (Score -1, Troll) 37

The problem is we can't sustain this many billionaires let alone the number who want to be trillionaires.

And we can't take the billionaire's money away because if you try a bunch of old people who grew up on Cold war propaganda are convinced you're going to break into their house and steal their toothbrush. And anyway those billionaires earned it because if they didn't God wouldn't have blessed them /s

Comment Re:Was it a Russian drone? (Score 1) 139

Depends on what the person was doing at the time. If the person who didn't pull the trigger was holding up a liquor store and the police shot the wrong person, there's at least arguably mens rea, which is how we get things like the felony murder rule.

Not quite- that's how you get the proximate cause felony murder rule, of which only a couple of jurisdictions in the US, and none outside of the US in the Western world recognize due to its obvious injustice.

No, it's how you get mens rea for the felony murder rule. You didn't carry the gun with the intent to kill, only to intimidate, but you still had a guilty mind, and if you then used the gun to kill someone in the heat of the moment, there's your mens rea.

And remember that actual cause does not mean literally pulling the trigger. At least in the U.S., the courts apply a "but for" test. If the event would not have happened without the previous event, then the previous event is considered the actual, not proximate cause. The police would not have shot the other person but for the perpetrator pointing a gun at someone (and possibly shooting at the police).

IMO, that's not meaningfully different than involuntary manslaughter convictions for allowing unsafe working conditions at a construction site or leaving your loaded gun out where a child can take it, both of which have happened.

Comment Re:Typical company approach to accounting (Score 1) 55

Using the numbers above, if Meta had the same pre-tax profit of $60B now but was using the 3 year depreciation schedule they used in 2020 vs the current 5.5 year, then instead of depreciation being $13B it'd be $23.8B, meanding they'd lose nearly almost $11B in recorded profits, just from a calculation. So in essence this boosts their stock price by making them look more profitable than they are.

True, but only momentarily. At the end of the first depreciation cycle, assuming purchasing of hardware is not accelerating, you're depreciating 5x as much hardware over 5x the time, and your momentary bubble in the stock price is gone.

And even if hardware purchasing is growing right now, eventually, that will flatten out, and the above will be true.

The only real question should be whether the depreciation rate is reasonable. If you're still getting substantial use out of the hardware after five years, then depreciating it over 3 years is questionable.

Also, the more slowly you depreciate it, the less you save on taxes each year. Faster depreciation is beneficial if you think the tax rate will go down and you will lose the benefit of that depreciation. Slower depreciation is beneficial if you think the tax rate will go up and you will benefit more from depreciating it later. So this may also mean that these companies are expecting corporate income taxes to go up. Make of that what you will.

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