Spyke

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world

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Bombshell Report Reveals Trump Was Begging for Iran to Join Ceasefire

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Trump Says Critical Coverage of Him Is ‘Really Illegal’

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My somewhat conservative brother told me the other day that if we tax billionaires, they will be forced to lay off employees.

I just don't have enough time and dry erase markers to break down how to effectively setup a BETTER economy where we can tax billionaires and still have a low unemployment rate, and not be beholden to fake job creators who were going to do layoffs anyways because line needs to always go up.

games

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Epic Games needs Fortnite players to "help pay the bills" as the multi-billion-dollar company raises V-Bucks prices while making Battle Passes and Crew way worse in value

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What you're describing is called a Growth Stock as opposed to a Mature Stock. I heard these terms recently when reading about the AI bubble and will just quote the relevant parts, because the author describes it better than I ever could:

Pluralistic: The Reverse Centaur’s Guide to Criticizing AI from Cory Doctorow

You see, when a company is growing, it is a "growth stock," and investors really like growth stocks. When you buy a share in a growth stock, you're making a bet that it will continue to grow. So growth stocks trade at a huge multiple of their earnings. This is called the "price to earnings ratio" or "P/E ratio."

But once a company stops growing, it is a "mature" stock, and it trades at a much lower P/E ratio. So for every dollar that Target – a mature company – brings in, it is worth ten dollars. It has a P/E ratio of 10, while Amazon has a P/E ratio of 36, which means that for every dollar Amazon brings in, the market values it at $36.

It's wonderful to run a company that's got a growth stock. Your shares are as good as money. If you want to buy another company, or hire a key worker, you can offer stock instead of cash. And stock is very easy for companies to get, because shares are manufactured right there on the premises, all you have to do is type some zeroes into a spreadsheet, while dollars are much harder to come by. A company can only get dollars from customers or creditors.

So when Amazon bids against Target for a key acquisition, or a key hire, Amazon can bid with shares they make by typing zeroes into a spreadsheet, and Target can only bid with dollars they get from selling stuff to us, or taking out loans, which is why Amazon generally wins those bidding wars.

That's the upside of having a growth stock. But here's the downside: eventually a company has to stop growing. Like, say you get a 90% market share in your sector, how are you gonna grow?

Once the market decides that you aren't a growth stock, once you become mature, your stock is revalued, to a P/E ratio befitting a mature stock.

If you are an exec at a dominant company with a growth stock, you have to live in constant fear that the market will decide that you're not likely to grow any further. Think of what happened to Facebook in the first quarter of 2022. They told investors that they experienced slightly slower growth in the USA than they had anticipated, and investors panicked. They staged a one-day, $240B sell off. A quarter-trillion dollars in 24 hours! At the time, it was the largest, most precipitous drop in corporate valuation in human history.

That's a monopolist's worst nightmare, because once you're presiding over a "mature" firm, the key employees you've been compensating with stock, experience a precipitous pay-drop and bolt for the exits, so you lose the people who might help you grow again, and you can only hire their replacements with dollars. With dollars, not shares.

And the same goes for acquiring companies that might help you grow, because they, too, are going to expect money, not stock. This is the paradox of the growth stock. While you are growing to domination, the market loves you, but once you achieve dominance, the market lops 75% or more off your value in a single stroke if they don't trust your pricing power.

Which is why growth stock companies are always desperately pumping up one bubble or another, spending billions to hype the pivot to video, or cryptocurrency, or NFTs, or Metaverse, or AI.

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Trump’s GOP Hit Again as Democrats Flip 2 Pennsylvania Seats

According to Wikipedia: District 22 has been held by a Democrat going back to 1969 (except one rep flipped from Dem to Repub for a year in 2005 then lost his next election lol). In recent elections, the Dem ran mostly unopposed, and winning by 35 points in the others.

District 42 is similar going back to 2007.

Still fantastic news, but the headline says they flipped these seats, making it seem that these were previously held by Republicans.

reddit

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Reddit mods immediately delete Post about Eppsteins private Email leak(s)

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I'm convinced they used AI to redact everything, and didn't double back and check them until after a particular page made headlines.

I've seen numerous videos where they program a script to remove the 5-6 different ways "redactions" were added and they make no sense from a technical stand point, leaving me to believe that someone non-technical told AI exactly how they wanted to redact, and then put those files in their outbox.

til

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TIL that tracing phone calls by keeping the phone line open is a totally outdated trope

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The issue was more that they needed to identify only the ones that illegally entered the premises, and separate those from people legitimately working there. They then had to cross reference those IMEI/MACs to camera footage of them illegally entering the building. Some of those dipshits were ID'd and picked up immediately, others used burners and covered their faces with masks (ironically) and had to be tracked similarly to how Luigi was caught; establishing a timeline of events with that same individual using other cameras in the area until you find one of them without a mask on.

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Must have been the wind

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In our game, the DC is just the passive perception of the enemy, unless they are on active watch duty then they make a contested roll. That usually requires us fucking something up to put them on alert though.

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YSK: Denazification in West Germany was lenient and ultimately abandoned, with many Nazis remaining in positions of power.

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Unfortunately to your second point, I don't think that's the best approach either. Check out the first 6-12 months of the Iraqi government rebuild during the Iraq war. The Americans basically fired 20,000 Iraqi officials and military members who then had nothing to lose anymore. They then immediately started an insurgency.

Also after these fascist take overs, it's not as easy as simply saying "you're a Nazi, therefore you go to jail" because if you didn't swear fealty to the new government (i.e. if you were Democrat you would now have to call yourself Republican) you could be summarily executed on the spot (check out the video of Sadam's take over).

So you could resign. But then you get called a coward by armchair generals for not trying to stay in the system and slow it down as much as possible.

So you stay in and keep your head down, and may try to slow the processes down enough to hopefully save some innocents without getting pulled out back and shot. But then you're called a Nazi collaborator. Idk, I would probably just as well resign, but that could put a target on your back, too, because you're basically outing yourself as hostile.

Personally, i think how we handled it after WW2 wasn't perfect, but should be the goal. There's always clean up that can happen even years afterwards. But if you go purging an entire country's worth of government officials, you have to replace those you purged with equally qualified people. And you often find that those who are eager to step in, are often just eager to enact revenge, or in some cases, even worse than their predecessors because they are just opportunists who now have the good graces of the new regime who just wanted a quick transition to a friendly government.

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Americans Are Leaving the U.S. in Record Numbers

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Not to mention that these "elites" don't respect borders, so properly identifying them as the issue and fixing it so they lose power/influence in your country, could have cascade effects, even in the originating country.

Because if you think America is isolated in our shitty politics, every other citizen from other countries are going to have a rude awakening when the technocrats/oligarchs have ruined or grow bored of the US and move on to ruin your country (see Venezuela, Palestine, or any country that signed a free trade agreement with us that are now getting hit with tariffs).

news

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Top DOJ officials quit after their division refused to probe Minnesota ICE shooting

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To be fair, the question asked was only, is there a benefit and i did answer that. So, don't go moving the goal posts!

On a serious note, to answer your question briefly as one of those "American people": i do sense a change in the air. I don't think it's a general strike or civil war, but there's definitely people paying attention who hadn't otherwise before. And that engagement? They are pissed.

The long answer is this: Everyone just watched a government agent kill a white mother and then lie about what happened. They see the news coverage spreading that lie. Everyone knows the poem, "First They Came" by Martin Niemöller and with this, they realized we are already 4 lines into it. Racist fucks can't just hand wave this away as a statistic anymore.

And it's not like shit is getting any better for us, it's not like prices are going down! Between the Epstein list shit, Venezuela and Greenland, inflation, shrinkflation, and products being recalled for listeria or lead/metal/glass shavings, now we have masked fat asses terrorizing/killing us then opening lying about it?! And then calling US the terrorists? Nah. That's not even mentioning the absolutely bat shit levels of corruption happening that's practically being admitted to right in the open.

So some good news about us. Something i noticed start in 2020 with covid lock downs was that our culture started to shift towards "homesteading" or trying to make everything yourself, because you knew the quality is better than store bought, and in the majority of cases, cheaper. But recently, people have started to go full in, and i think this is the angle where a general strike can foment from!

People DO NOT want corporate slop anymore. There's a growing want for local businesses, and they will start to come back offering better, locally made items. Sure it'll be a bit more expensive, but the prices for those lower quality goods are going up too.

This is hopefully going to reduce corporate influence and bring communities closer together, since not every individual can make everything they'll ever need. With stronger communities, this "fear of the other" dissipates. I've started to see it in my neighborhood. As word spreads, more people start to see what is happening. I've already been to city and town halls discussing AI data centers and the places are FUCKING PACKED, to the point they move it to larger areas and it's still over flowing out into the halls and parking lots.

We were already banding together, but every one of their fuck ups, brings us even closer together. Just look at those bad asses in PA; the Black Panthers, resurfacing and showing up for their community. More will come.