turnerator.bsky.social
turnerator.bsky.social
@turnerator.bsky.social
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these guys have gotten so lazy that you're just supposed to know they mean "no, real americans like *shitty* coffee. the shitlibs like *ristretto*. oh, topeka has ristretto now? well it's trash compared to the MADISON ristretto."

just like "christian" is now shorthand for "racist white evangelical"
27 years ago a belligerent wino on the miami metrorail yelled "can't give the kids kool-aid, they'll just put iodine in it" and it's still rattling around my brainpan to this day
and even the billionaires who are less type-A assholes than bezos are still fixated on the idea that the sports teams they own should be profitable rather than just fun vanity projects, so odds are that bezos views the post the same way
rewatching THE REF (1994) and much of the plot is still fresh, with the exception of everything related to the police

even back then it was silly to think that cops would shut down a whole town on christmas, even an affluent one, just to catch one burglar, but it's especially ludicrous in 2025
it does seem instructive that young men go nuts over the gamified experience on Robinhood but seem to have little interest in doing the exact same trading at Fidelity or Schwab, which also have had apps for years
yup! I'm fine with just adding *friction* to gambling.
I don’t gamble but I feel very strongly that people need to physically go to a venue to it. Being able to place bets on your phone 24/7 is going to ruin a lot of people
even 33 years ago it was fairly well-understood that republicans were a bunch of nakedly greedy warmongers. not *everyone* understood it, but a lot of regular people did
in SNEAKERS (1992), produced by Universal, the end features a character in a position to demand anything he wants from US govt agents. his ask: "peace on earth and goodwill toward men."

final scene is the punchline: the NSA fulfills his wish by stealing all the GOP's money & giving it to charity
name recognition likely matters a *lot* for lower-propensity voters. it's probably underappreciated that john fetterman, e.g., was not going up against someone super well-known in the D primary in 2022 in conor lamb (not a nobody, but not as high-profile as the sitting governor)
this is so funny to me bsky.app/profile/brea...
ok this is hilarious. the polling by income is not what you'd think at all
this all might be a cop-out (pun not intended), though. if the city isn't going to draw guns on ICE agents and instead go after them after-the-fact in criminal complaints in court, how is that going to work with a bunch of masked John Does who are probably going to flee the state pretty quickly?
i will be astonished if jenkins actually gets the SFPD to do it (they're not awful compared to most departments but still...).

jenkins is a political animal, though, so if that's where she thinks the wind is blowing it seems like a good sign in any case
in general i'm not a big fan of a centrally planned economy but it's getting harder and harder to see why that's much worse than "every 10-15 years capitalism comes up with a fun new way to make the real economy implode by wasting trillions of dollars"
Another depiction if the circularity of capital flows between OpenAI, Microsoft, Nvidia, CoreWeave, AMD, and Oracle.
there are also basque enclaves in northern california and boise, idaho

also whole districts of st louis, missouri that are full of former bosnian refugees, apparently to the point that you can hear more bosnian spoken than english in some places
the sea island gullah/geechee area?
big sur definitely weird history- and climate-wise. for a long time there were no roads and the main way the people who lived there got supplies was by little boats in windy rocky little coves

i thought it was going to be like southern california but it's *even colder and even foggier* than SF
by "techies" here i meant "anyone working for a FAANG or adjacent company, whether they are software engineers or accountants or customer service people", since what we're discussing is worker ownership *specifically across the same industry*
also seems likely to produce massively unequal outcomes without aggressive redistribution efforts. you'd end up with arguably even richer techies than you have now, while anyone in a very low-margin industry scrapes by
i mean i guess the answer is probably "because the pension promised you a payout of $X, you're not getting any more just because your money earned $X+n for the pension fund" but it still seems weird to make this distinction purely on the basis of the return being fixed as a defined benefit
that's actually what i think is one of the big flaws of the overall take. okay, let's say everyone's got a pension and it's an old-school pension fund.

that means the pension fund invests in a mix of bonds and less-volatile stocks. why are you any more entitled to *those* returns for zero effort?
i know, ham sandwich and all that, but it does not say good things about our system that someone this rock-stupid was still able to secure a grand jury indictment when she'd never even tried a case
i mean, i think recent events (NVDA, TSLA, 2008-2009, etc) do show that it is very much true that asset prices can inflate into yearslong bubbles that don't reflect sane valuations.

i just don't think that is actually that a big a deal in the grand scheme of things for (most) individual investors
i think ryan's argument has a couple different components:

-markets are clearly not efficient *over shorter periods*
-broad-based equity investing produces US govt policy that distorts equity prices

the problem is that destroying index investing per se wouldn't actually fix either
like, also, i use a "trading app" every day, because i invest through a broker and the broker's app is how i track my investments and adjust them. it is very useful for those purposes even though i am not an addicted WSB maniac who trades every day or even every month!