I don’t know why I do this to myself, but I read through Meta’s disclosure
Every single lobbyist I looked at worked in DC before becoming a lobbyist. I knew it happened a lot, but it’s really depressing to see
Also, why do these disclosures not require companies to specify how the money was spent? There are only ~20 different lobbyists mentioned, and Meta spent 7.6M in a single quarter
ByteDance has a lot of money. Trump likes money. Trump’s only leverage over ByteDance is allowing TikTok, so he’ll do that in exchange for money
Zuckerberg and Meta are much more centralized in the US, which gives Trump far more options in terms of what he can offer them. Trump will give Zuckerberg something else to placate him. Probably lots of cheap H-1B labor
NYC used to be much more dangerous. Really goes to show how mislead we can be by emotions that you feel it’s only dangeeous now
Sam was fired because the board stated he withheld information and misinformed them, not because he was a bad CEO
Homes don’t generate value though. Nothing more is being created by them existing. How can it possibly be an investment generating more wealth when the underlying asset remains unchanged?
It’s just a pyramid scheme to expect the same exact home to continue going up in value as an investment. The only possible result is a shortage of housing with unreasonably high prices
How does a detached single family home prevent honking? Why haven’t you explained to my neighbors they have to stop honking? Because they definitely still do, and it is still a nuisance
Detached homes definitely have many benefits, but they’re incredibly expensive. If we didn’t subsidize them so much, we’d have a whole lot more people living in denser housing. The US has something like 85% single family homes compared to around 40% in Germany
It’s not that Germans are just so much better neighbors that they can put up with shared walls/spaces. It’s just not worth the cost of a detached home when it isn’t as heavily subsidized (they do still subsidize them compared to dense housing options)
TL;DR - Detached homes are fine, but we need to quit giving such massive subsidizes to them
At least it will be really funny if Bluesky just becomes the new Twitter and Musk’s 55B loses most of its value