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Joined 11 months ago
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Cake day: December 7th, 2024

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  • From the article:

    Nvidia declined 7%, Oracle, and AMD dropped 8.8%, Meta and Microsoft dropped around 4%.

    These are amounts that stocks often fluctuate. Percentages are what matter. Phrasing it as a big dollar value was lost is always manipulative framing.

    The market is big. There are more than a few shares. A small change becomes a big number when multiplied by the size of the entire market. $800 billion is basically meaningless.

    The numbers are fake anyway. Market cap is the value if all existing shares were sold at the current price. Nonsense. Selling all the shares would change the price in some way.







  • The father in the interview is black. This isn’t a race thing.

    He wants his daughter to get a good education. As an air traffic controller, he surely knows the value of education because he works a job that takes a lot of education and training to get into. Public schools in the united states are very bad, and underfunded. Private middle and high schools are common in cities and are usually much better than the public schools. Its a good choice for anyone with the means, which he had every other month this year.

    Racism is systemic. It is behind the right wing policies that constantly underfund education. It is rarely the driver of individuals. Individual’s decisions are shaped by the options available more than anything else. Sending his daughter to a private school is the best choice for a father in his position. Hold your ire for those in positions of power.










  • Customs and border control is a federal agency. States do not control their own borders.

    If you have to interact with the federal government, it is generally safer to go to offices in accepting areas, because despite federal control, offices are staffed by locals. For safety, check in with locals and vet your social security office before arrival.

    However Canadians cannot do this by selecting their destination. When flying to the US, the customs check takes place in the foreign airport. They call it pre-clearence. Every major Canadian airport has pre-clearence, so your passport will be checked by customs agents, specifically selected for a foreign deployment. Upon the return trip the federal tsa will check your passport again before the flight.

    My advice for travelers to the US is do not. Go literally anywhere else, or stay home. But if you have to, I would consider a land crossing, because in that case you only pass through a federal check one time upon arrival. But regardless check with local communities to ensure the federal agents you interact with are the least bad possible.



  • This is how it’s always worked.

    If members of congress were not paid, the richer members could use a shutdown to coerce the poorer members, knowing that they have enough saving to survive the payment stop longer than poorer members. In a government where shutdowns are possible, continuing to pay representatives is necessary.

    In a proper country, a shutdown would result in an immediate recall and disbarment of every elected official. But we don’t live in a proper country.

    Continuing to pay those responsible for the shutdown is a bad thing. Punishing every other government worker for someone else’s ineptitude is bad. But on balance not paying congress would probably be just a bit worse.