PSA: The preferred term is “transgender people”, not “transgendered people”.
PSA: The preferred term is “transgender people”, not “transgendered people”.
I think they’re going to give him newly-issued stock, not cash. However, the newly issued stock will not be backed by new capital (i.e. nobody would have given the company money in exchange for the stock), so what will happen is that existing shares will have their values diluted, i.e. they will be worth less.
In other words, shareholders will pay for Elon’s compensation by devaluing their investments, and not by drawing money out of Tesla’s coffers.
$56B is roughly 10% of Tesla’s market cap of $581B, so shares should be devalued by about that same rate.
But how did you get there?
I think job-hopping helps people who still need to climb the ladder until they land some “senior” position into which they can settle in, safe in the knowledge that they can always find another job elsewhere with their experience.
You don’t need to get rid of private property to undo a lot of the damage done by landlords. You can build subsidized housing to compete. You can write tax codes to make it unprofitable for people to own more than one house. You can tax land by area instead of by built value to encourage building high-density housing.
There are a lot of levers that other countries have been willing to pull that partially counteract the damage of landlording, but the US has been reluctant to touch.
It’s the humidity. Whatever is water-soluble in the dust absorbs water and becomes sticky. Then the water evaporates and it’s like you’ve glued the dust to the wall.
Is the answer no? It’s no, isn’t it?
Yep, Axios straight-up printed an ad as news.
I thought this was a new Chuck Tingle novel.
The description is a vast oversimplification of the fall of the Roman Empire, of course.
Like the game Monopoly, unrestrained capitalism will always end up with a few people owning almost all the value while everyone else live in poverty, and it will always end up in systemic collapse because you can’t get infinite value out of finite resources. At some point the game will be over.
But unrestrained capitalism doesn’t exist, even in today’s very unequal world. There are forces that undo the momentum of capitalism, including taxation, regulation, trade barriers, and public goods and services. Some countries do this better than others.
I happen to think that regulated capitalism, balanced by a heavy emphasis of wealth taxation and investment in public goods and services, is better than any other system that relies on non-monetary control of resources. It can be sustainable, but not in its current state.
DDG is ok for most searches, but they have definitely hit a plateau. Programming search results are quite poor, for instance.
I’ve started paying for kagi. Their results are just way better at this point.
Protip: Do not connect your TV to the Internet.
Misleading headline: it has not yet passed. It passed both the house and senate, but has not been signed by Gavin Newsom.
VOA News is not a reliable news source—it’s literally a taxpayer-funded propaganda outlet of the USA. Since the Trump administration the organization has been pumping out odd conservative talking points.