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Joined 2 years ago
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Cake day: July 11th, 2023

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  • It’s pretty common knowledge how these billionaires leverage the value of their stocks/assets as collateral against loans, in order to avoid having to pay capital gains tax.

    Even though it’s not liquid cash, there really isn’t much to preclude them from taking out cash loans up to like 70-80% of their value if they ever wanted to (not that they would, as cash depreciates in value due to inflation).

    So while you are correct that if they ever had to liquidate their shares the value would plummet significantly - unless something catastrophic happens and the value of those assets plunges well below an acceptable level to their financiers, it will never happen.

    If you owe the bank a $100 and can’t pay it back, that’s your problem. If you owe the bank $100m, that’s their problem.







  • You know what really grinds my gears?

    Region-specific bonus tracks that are literally not available on any streaming service in an official capacity; the only place I can find them are on YouTube - where they could get DMCA’ed at a moment’s notice…

    Two tracks off the top of my head like this are:

    1. Don’t Tell Me It’s Over by Blink 182, from Take Off Your Pants & Jacket
    2. Subject to Change by Sum 41, from Chuck



  • “Things aren’t looking so golden for Tesla in the Golden State. Tesla’s dominance in the electric-vehicle market continues to falter as the brand reported its fifth consecutive quarterly registration decline,” California New Car Dealers Association said in a report published on Jan. 31.

    Emphasis mine, but the bad news is that the Model Y and 3 are still the highest-selling cars in the state - so there’s still plenty more room for those figures to fall:

    Still, the Model Y crossover continued to be the top-selling vehicle in the state, with about 129,000 units sold last year. The Model 3 sedan was a distant second, with around 53,000 cars delivered.



  • thatKamGuy@sh.itjust.workstomemes@lemmy.world"‽"
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    2 months ago

    It looks like a cross between double-typed characters from an old-school typewriter, and an optical illusion where the seemingly straight lines of the exclamation cast squiggly shadows.

    Either way, IMO it’s quite busy and visually unappealing. Gove me a good ol’ !? any day of the week.

    Plus, depending on context !? and ?! could mean two entirely different things; to me, the former is a sign of incredulity “What the fuck!?” - while the latter is a yelled question “Can you hear me?!”


  • Finance laws, especially those related to the Citizens United case, are a massive hurdle.

    Until the Supreme Court can be reigned back to sanity - things will likely remain terrible, as a majority will be needed there to re-rule on Citizens United - along with Roe, restoring the Voting Rights Act and a whole heap of others!

    Just listing out those three made me physically ill; don’t let anyone who voted GOP, voted 3rd party, or refused to vote off the hook. They are all equally culpable for the slow death of democracy in the US. They are the ones that granted Trump THREE Supreme Court nominations in one term, and who knows how many more. The man is on track to likely appoint a MAJORITY to that court BY HIMSELF.

    He could very well declare himself King at that point, and the court would likely rubber stamp it.


  • At least in hindsight, it proves her wrong and that they can’t win without the unions?

    So like, maybe the DNC will be self-aware enough to reflect upon this and pivot back towards more progressive, worker-friendly policies rather than the neo-liberal garbage they’ve been espousing for the better part of the 2000s?

    I almost burst out laughing at the absurdity of the above, but in the words of Jim Carey’s character from Dumb and Dumber: “So you’re saying there’s a chance?”