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Cake day: March 1st, 2024

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  • Maybe he wants to court the left block because of the three part hung parliament they’re in right now so he can get more defense spending and Ukraine support passed since the u.s. is backing off Europe.

    Maybe he’s trying to fill in the power vacuum in the middle east after the u.s. lost all its soft power supporting this war.

    Maybe he’s tired of the houthis attacking shipping and hoping to get a French pass if they recognize palestine.

    Maybe he’s just a good guy and is just disgusted by genocide.


  • Bit of a chicken and egg problem, most people aren’t buying stocks because they have no money, not because they don’t understand them. They have no money because the stock holders of the companies choose to put there profits into dividends and stock buybacks rather than increasing wages.

    Class antagonism cannot be solved by just giving workers stock, because the worse off workers will just sell it due to economic pressure. Some may be able to hold it but they will have there interests ruptured with the stockless workers. So the capitalists will just raise the wages on those classes of workers with significant ownership , eg. The managers and professionals, and continue to ignore the rest, which is about where we’re at right now.

    In order to have mass ownership of stocks there would have to be a mass social safety net so the people aren’t forced to sell there stocks to make ends meet. At that point then stocks stop becoming a source of security for the workers since they already feel secure from that safety net. Then they just become a voting mechanism for production that is still heavily skewed towards the rich. That would be better handled by the government or unions which have an equitable voting system.









  • Implying that the Democrats are now “the party of big business” is arguably true (and very boring)

    While true in some scenarios, in anti-trust Lina khan’s ftc has done significantly more than trump ever did. Biden keeping her over the protest of countless business execs and daily articles in the wall street journal on how she’s ruining America shows some commitment to prosecuting big tech.

    Meanwhile, trump’s anti-trust moves were mostly based off petty issues he had with the ceos or the platforms having a “liberal bias”. Now that every big tech ceo has fallen in line and given him $1 million for his inauguration I doubt we’ll see much movement on that front.