Notices by GhostOnTheHalfShell (ghostonthehalfshell@masto.ai)

@economics-that-works

This is a crisis of competence, just as the Great Depression was a crisis of competence. The super rich brought this on the nation on the world.

And they’re sick depraved immoral set of values and ideologies based on immorality or forming this generation’s national crisis.

If you have been calling your representatives voicing your anger towards the war being waged on us from the White House. It’s time to bump it up a notch.

#politics

@economics-that-works

“Hedge funds have trillions tied up in this kind of strategy,” he said. “As things spiral, they’re being forced to sell anything they can — even good assets — just to stay afloat . . . if the Federal Reserve doesn’t step in soon, this could turn into a full-blown crisis. It’s that serious.
“
Nick Lawson, chief executive of investment group Ocean Wall

All the assumptions of investment are stood on their heads. ..

#economics #politics

@economics-that-works

Safe Haven status requires a certain amount of soft power credibility.

The money behind project 2025 and the nut jobs in Silicon Valley have obliterated it.

(Paywalled)

https://www.ft.com/content/0005e091-930d-46ff-9e81-8591704a9282

#politics

@economics-that-works

Oh goodness, the billionaires have figured out that their total control of the US government is not going the way they thought it would. Billionaire founders of Home Depot cry over the catastrophe their economic strata financed

(Paywalled)

https://www.ft.com/content/56b9c745-22f7-4494-b790-37be4c61f6ae

@pluralistic

#TeslaTakedown is proof that a population pissed off enough overcomes the collective action problem.

Tesla take down is the best antidote to #enshittification

So spread that woke mind virus, that any company that gloats about its profits has just established it’s too big for its britches and needs to suffer a bit of popular taxation in the form of losing customers.

Nothing like 100% tax rate of total revenue loss.

Permanently.

2 min

So does smoking cause yodeling or vice versa?

https://www.youtube.com/watch?v=bG3kfV8qcuw

@JessTheUnstill @ajsadauskas

Not only would it be glorious, it would be the marketplace in action.

What corporate America and what billionaires need to learn is a good solid lesson in market economics. They’ve lost touch with it because they’ve been able to gain the system so much in their own favor.

They need to be reminded of what a market is like.

@inthehands @MisuseCase @StillIRise1963

America’s racism was still there after World War II, even though women and people of color worked the factories to supply the war effort.

It’s why I think the movie “don’t be a sucker” is so interesting. Two years after the war ended the Department of war thought it was necessary to remind people not to let fascist sentiment be emerge in the United States. They had to fight the Cold War… so peace and love

@inthehands @MisuseCase @StillIRise1963

In an atmosphere that lacks a sense of solidarity, personal skin in the game will have to carry protest over that hurdle. The demographics of people showing up people who paid into a pay-as-you-go system losing it to the contempt of billionaires face economic ruin. It’s the opportunity to build solidarity.

..

@inthehands @MisuseCase @StillIRise1963

When people understand that there’s no escape. Losing Social Security and Medicare might just suffice.

@MisuseCase @StillIRise1963

You know, white people need to show up because solidarity rather than a shield. taking the lesson that harm to one is a harm to all.

Just listen to these billionaire fuckheads. Only a person who presumes he’s entitled to hundreds of billions of dollars every year entitled to it can say something like GFY to his company’s customers.

His attitude is shared amongst the wealthy. This is the culture.

Men in black meets the matrix

https://www.youtube.com/watch?v=ZkcAGvXrRw8

@inthehands

No, I was gonna tell you how I actually start fires with wet wood, I’ll let your answer slide. 🤪

@cerement @Jeanniewarner @Phosphenes @lemgandi @pluralistic

obscene morbid wealth is a mental illness, cured by a regular diet of antitrust and curbs on stock ownership in a companies, limiting both total size and the number of companies owned.

Perhaps the most useful measure is one of scale so whether it’s scraped under one company with that’s a giant conglomerate or a rat’s nest of shell companies, the amount any one person or their allies can have control over must have a definite limit.

@clive

The sick nature of the guys from Silicon Valley goes as far as envisioning editing the human genome to "improve" people.

If no one has watched Brave New World various adaptations or read the novel, it is time to do so now.

In a world of very aggressive cops. Know your rights. Unless a cop says you must do x or you will be arrested. It’s all mind games. don’t answer any questions of them and be unmovable but polite.

Dis is deh weh.

https://www.youtube.com/shorts/nC9wb_CTTLg

@cryptadamist @Nonilex @Daojoan @pluralistic

Well, even the superficial search, I don’t know how they could keep it afloat..

So for the moment, we’ll just stick with the option B that the purpose the direct purpose is to hook a social media platform directly up to AI and start training whatever they are thinking up Into a social media comment stream.

https://x.ai/news/series-c

@inthehands

The goals of billionaires is not to rewrite government functions, but to destroy government to obliterate the nation.

And if you think about it, that makes what what they are doing fully consistent. They may fantasize that they can do government better as authoritarian nut jobs but every time they’ve ever tried their insane libertarian ideas it’s ended in failure.

The realities of oil. Trump is bad for oilmen

4 min

https://www.youtube.com/watch?v=SugMdD8rIYY

#economics #uspol

@br00t4c

You know the justification for an authoritarian rule in the first place is to restore confidence for an incompetent regime.

It doesn’t really seem to be working out well