founder of https://nitter.gq/t.co/oRSUAHxBrD
California
Joined July 2008
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The Law of the Harvest is one the most fundamental principles that I agree with.
But it seems most effective when paired with the parable of the talents.
The point is to do something to get something. The reward may be asymmetrical (you get more than what you put in; it’s not unfair) but you need to do something.
I voted against this.
But I don’t understand why other residents voted against this AND THEN voted for other taxes against themselves.
I’m not against taxes. I’m against the blatant spending problem and controlling how it’s funded.
What amazes me is the phrase, “it won’t make a difference in their lives” is the moral structure to make this happen. As if that’s how and why laws should be created.
What difference will it make? They won’t even notice it.
Guess what $15bn was spent on a railroad and what difference did that make?
$20bn in 5 years on homeless and it’s pretty much 180k still. When will we notice a difference?
So yes, let’s keep not making a difference.
What amazes me is the attitude of so many of the centibillionaires.
A 5% tax will not make any difference to the way they live. Their spending may be extravagant, but it is still much less than their (correctly measured) income.
They know that, as gifted as some of them indeed are, they have benefited from extreme luck (and the help of the state, and, to speak like an economist, monopoly rents).
They know that their effective tax rate is low, relative to what many others pay.
They know that extreme inequality is extremely unpopular, and can lead to political unrest, backlash, or worse.
They must admit that, morally, it is hard to argue for a society in which some become obscenely wealthy, while so many are poor and see their income stagnate.
They typically have not indicated that they are building their wealth to eventually make the world a better place.
But they are still willing to fight the tax, spending hundreds of millions in California to avoid paying the tax. Why?
They simply think what is theirs is theirs, end of story.
They believe in the slippery slope, and if they do not take a stand on this levy, the government will come back for more.
They hate the state and the notion that their money will be misused?
Or?
Seriously. What benefit are they not given? They say “tax the rich” but for what? They have healthcare. They have unions. They have min wage. What else are they asking for?
From the high schools of France to the streets of Madrid to the universities of Tirana, young people are telling their governments the same thing: in an age of massive wealth inequality, they want a future they can believe in.
In France, students and teachers are asking for safe schools, enough teachers and smaller classes.
In Spain, for affordable rent and housing.
In Albania, for good jobs and an end to corruption.
@JDVance says this is what happens when a nation lets in too many immigrants from the global south.
He is not just morally wrong, but misreading the moment.
The is what happens when nations let wealth and power accumulate in the hands of a few.
This is what happens when young people lose hope in their future.
In America, let us listen to our young.
We need an economic and political transformation.
America's Next New Deal.
Does CNN and Fox do this still?
Anyway, the fact some people here say Macron is Right and fascist is very interesting to me.
They have free healthcare and many other benefits our democrats demand in USA and yet…it’s not enough.
🚨 Paris is on fire as rioters take over across France:
Over 500,000 people have taken to the streets across France. Protesters and rioters have set fire to historic buildings, destroyed famous statues, and looted thousands of stores.
Police have been seen driving away after being attacked and overwhelmed by the number of rioters as clashes broke out across every major city in France.
Let this be a warning sign for the rest of the West: Hundreds of years of work and preservation gone in one day.
Readers added context they thought people might want to know
33 minutes after posting, OP posted a reply stating that the footage is over a year old. Given that riots have taken place in France far more recently (in the past 24 hours) this may mislead people into thinking what they clicked on is current, when OP himself admits it's not. x.com/nickshirleyy/s…
“What is the commercial use?”
Is anyone seriously wondering why Ford makes a card for Lemans?
Does anyone care that McLaren races in F1?
Does anyone care that Holland and Holland makes an $800k Range Rover with a rollout in back for guns and booze?
These are not “practical” daily drivers. It’s stunts and brand and marketing. And this was a HUGE marketing stunt for the actual super car and it was very successful and will be talked about for years.
Why a flying car? Because you are talking about it.
What’s the use? It’s for fun.
“How does this benefit society?” Or do they mean “how does this benefit me?”
Mr beast helped 1,000 eyesight and people got mad at him for that.
Of course the pessimistic take on Elon being Elon will exist. But I do wonder if the real question they pose is “how does this benefit me?” But pretending it’s about others.
I will never own this flying car or the non-flying one. But I want more innovation. More risks. More outlandish demo days from Apple and Google and more.
Anyone being negative about the new Tesla can exit this app immediately.
Pessimists who can’t have any fun.
I’ve no idea what happens to AI/SI stocks but I do love their services. They can’t all win…I know that.
Grok bot is great.
It’s the small things. And it’s great. Added a new task today and so far it’s just super helpful.
It takes those 5-10m reparative tasks and does them in 30 seconds. Love it.
I am enjoying grok bot for work. It’s helpful and proactive and handles some small tasks that take me 3-5 minutes in 10-30 seconds. How is that not worth it?
It’s day 2. So maybe later I hate it. But I think it will be amazing this crazy holiday season.
As a Californian I’m voting for Hilton.
I really didn’t know Newsom when he won. I remember liking him and his family. But holy smokes has he been bad for California.
Becerra seems even more dense. His debate was not good. He is afraid to debate (I wonder why).
I understand people vote with a party because it’s a simple filter. But it is clear that California is in distress. I do not think Becerra will do anything but the same.
Hilton, at least, is offering new ideas and a fresh look. I’d like to stay in California and I don’t plan on leaving but every year as a small business owner it gets more difficult and as a family it gets more expensive.
We need more inflation or less debt growth to make this work. Or both.
If deficits stay near $2T, inflation of ~4–4.5% only stops debt/GDP from rising, and only if rates don’t rise too. About 5–6% starts shrinking it; 6–8% would cut it at a postwar pace. Once yields catch up, the interest bill jumps and you need high-single-digit inflation instead.
Trump Says Inflation Will Pay Off The $40 Trillion Debt "Very Rapidly" zerohedge.com/political/trum…
