@JackJackJ9291@Barchart Eh, they are that bad. Interest rates are trash, but the general asking price of these homes are the issue. Mix that in with trash realtors (they are incentivized to sell the house at the highest due to commission, which I’m sure you know), NIMBYs, and zoning laws. It’s all ass.
A few things. This page is only resource telling you what banks are doing about imminent nuclear war. This is most current, high-confidence open-source live intelligence page—brings in tens of thousands of views with nearly zero reposts.
Tells you what’s up!
He's not just defending AI energy use. He is smuggling in a whole anthropology where humans are basically inefficient meat computers that you have to pour food and years into before they become useful. And once you accept that, the next move is obvious. If people are just costly biological training runs, then burning mountains of electricity to build synthetic intelligence starts to feel not only equal, but superior, even if it negatively impacts actual humans.
That is the dystopian. It makes human development sound like a bug in the system, and it makes sacrificing human and creational flourishing for more computational power sound logical. To him, the grid gets strained, prices go up, ecosystems get hit, but hey, humans eat too, so what's the difference?
The difference is that humans aren't an inefficient line item. They're the point. If your worldview can look at a child growing into an adult and describe it as energy spent to train intelligence, you haven't said something profound. You've revealed a horrifically rotten worldview.
For the people shitting on me for this, I am reporting on Wexner's own words in what is honestly a bonkers article from the 1980s that everyone should at least read before claiming I'm "batshit" crazy.
I covered it in an article in 2022, as well as my book from that same year, links in the tweet below.
By his own admission, Wexner is the one who is mentally ill, not me for reporting it lol
The Hollow Men
American capitalism is rotting from the head down. We have replaced the "Owner-Operator"—the risk-taker-with a new, parasitic class of corporate bureaucrat: The Risk-Free Insider.
By "Insider," I am not referring to a specific title. I am referring to the entire administrative state that has captured the modern corporation. This includes the Directors who exist solely to collect fees, the Executives who exist solely to collect bonuses, and the Managers who exist solely to hire consultants.
These are the hollow men of the boardroom. They are masters of PowerPoint. They wear the right suits. They say the right buzzwords about "governance" and "ESG." But they are mercenaries fighting a war with someone else’s ammunition.
In a functioning economy, authority is tied to liability. If you make a bad decision, you lose your own money. That fear of loss is the only thing that keeps a business honest. It forces you to cut waste, obsess over the customer, and stay late to fix what is broken.
Today, we have severed that link.
We have rigged the game so that heads, the Insider wins; tails, the shareholder loses.
If the stock goes up, the Insider collects a massive performance bonus. If the stock crashes due to their own incompetence, they are fired with a "Golden Parachute" worth tens of millions. They are gambling with the house’s money, and they never leave the table poorer than they arrived.
This looting starts in the boardroom.
We have normalized a "Country Club" culture where directors are selected based on social profiling rather than their ability to build a business. The modern board member is often a professional tourist—paid an average of $350,000 a year.
Let’s be brutally honest about what that number represents. The average director is paid nearly five times the GDP per capita of the United States. They earn more for attending four quarterly lunches than the vast majority of Americans earn in five years of hard labor.
And for what?
Most of these directors are "over-boarded," sitting on three or four boards simultaneously. They treat directorships as a gig economy for the elite. They fly in, rubber-stamp a compensation package they didn't read, and fly out. They collect checks from companies they do not understand, do not use, and certainly do not love.
They are not there to ask hard questions. They are there to be collegial. They are there to protect the other Insiders.
And what happens when these boards hire executives who also have no personal capital at risk?
We get the Delegation Economy.
When a Risk-Free Insider faces a crisis—bloated expenses, a broken supply chain, or a stale product—they do not roll up their sleeves. They hire a consultant. They pay a strategy firm millions of shareholder dollars to produce a 100-page deck telling them what they already know.
This is not management. It is intellectual money laundering.
They use shareholder capital to buy an insurance policy for their own careers. If the plan fails, they can blame the consultants. They delegate the work because they are terrified of the responsibility. They would rather preside over a slow, comfortable decline than risk a bold mistake.
While American Insiders are busy optimizing their severance packages, our global competitors are optimizing their products. They are not slowed down by bureaucracy. They are not waiting for a slide deck. They are outworking us.
If we continue to fill our C-suites with administrators instead of operators, we will lose our edge. We will see iconic American franchises hollowed out by fees, managed for the benefit of the Insiders, while the true owners—the shareholders—are left holding the bag.
The time for polite governance is over.
If we want to save the American economy from mediocrity, we must demand a return to the "Owner’s Mentality." We need leaders who treat shareholder capital with the same reverence they treat their own savings. The era of the Risk-Free Insider must end.
what a pivot.
you’ve missed the point. I don’t care about the microphone issue and it is a lame distraction.
the point is that you exposed yourself for feigning the high road from your misunderstanding of an ai response you yourself queued up. it revealed your bias.
your emotional outburst at the end is the cherry on top.
@UnfairMarket you should be getting 10k reposts at least but you are definitely getting censored on this platform. I found this account from a 4chan thread lol