No relation to the sports channel.

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  • 21 Comments
Joined 1 year ago
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Cake day: June 9th, 2023

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  • I’m for ending the war through a unilateral surrender of Russian forces and the trial of Mr Putin for crimes against humanity. However, my opinion doesn’t have a lot of influence over whether that happens.

    Similarly, I’m for ending the war in Gaza through the voluntary disarmament of Hamas, the repudiation of terrorism as a way of life, the handover of illegal settlements to displaced Palestinian Arab civilians, and the prosecution of Netanyahu for treason and war crimes. But I don’t expect to get to make that decision either.



  • Remember print magazines and newspapers? Ads pay a large portion of the costs of producing them, but no reader is obliged to look at any ads at all. Advertisers pay for a chance to be seen, not for an obligation for anyone to look at them. Since nobody has any obligation to read the ads, avoiding them cannot be a violation. You pays your money and you takes your chances.






  • That is not, in fact, the explanation that the article discusses.

    Something more was also at play: In recent years, Americans have grown wealthier, and not just the rich. Households across the income spectrum have seen the largest surge in wealth on record. This was driven mainly by a surge in the U.S. stock market (nearly 60 percent of families now have some stock ownership, generally via retirement funds) and a gigantic rise in home values. The vast majority of homeowners locked in mortgage rates under 5 percent, which insulated them from the Federal Reserve’s painful rate hikes. (Most other countries do not lock in a mortgage rate for 30 years, and this leaves their homeowners far more exposed to interest rate hikes.) Meanwhile, U.S. home values soared. People feel wealthier, even if they haven’t actually sold their homes or stocks. When people feel wealthier, they tend to spend more.






  • Possible; it’s also possible they’re believing lies being told to them by people who benefit from others having false beliefs.

    Information asymmetry often works to the benefit of employers and landlords, for example. If workers and tenants do have lots of options, but don’t believe they do, they’re more likely to settle for shitty jobs and housing.

    There’s a common lie told by upper managers in a lot of industries: “Our business is perpetually in danger; so we can’t afford to pay you more because then we will go out of business and you’ll all lose your jobs anyway.”


  • both the Democratic and Republican parties are right of center liberalism

    We currently have:

    • a center-right party (the Democrats) who have tempered their “free trade, rising tide lifts all boats” NAFTA liberalism with some “made in America” economic nationalism lately; and
    • a far-right party (the Republicans) who are likely to nominate an outright fascist for their next presidential candidate — either a failed dictator, or a human trafficker — both of whom have promised to continue to abuse power to get revenge on their political enemies.