a normal person from 1995 did not want:
- USAID dismantled
- NATO dismantled
- the president to be granted absolute immunity by the SCOTUS
- the president to corruptly rug pull billions of dollars for himself
@AeonCoin@AndrewTollemach@DominicJPino@PostOpinions If they did that, it would be about 20% of his net worth. Let's say that his stocks tank. Then he gets margin called, and his entire wealth is wiped out, it doesn't make sense for a billionaire to risk everything for that, hence why Musk sold stocks to purchase Twitter
@AeonCoin@AndrewTollemach@DominicJPino@PostOpinions My main point that I think people need to get across though is that you can't access the majority of your wealth through this method because say he did ask a bank for $80 billion in loans with all of his assets as collateral.
@AeonCoin@AndrewTollemach@DominicJPino@PostOpinions The $80 billion is the amount of his stocks pledged as collateral, not that he has $80 billion in loans. You don't know how this buy-borrow-die theory works if you think Ellison could do that.
“China is winning the drug discovery race through deliberate policy. Their first-in-human clinical trials can launch in 6 months vs 18+ months in the US… ~50 percent of major drug deals this year involve Chinese-origin drugs, up from nearly zero a decade ago”
🇬🇧 A court has heard that the man filmed being beaten and kicked in the head by British Riot Police is a military veteran with PTSD who could not disperse as ordered due to a leg injury.
Matt Styler, a 50-year-old married father-of-three from Gosport, has been remanded in custody after pleading not guilty to assault by beating of an emergency worker during protests following the murder of Henry Nowak.
His lawyer said Styler had 13 pins in his right ankle, had recently had an X-ray, and could not simply jump down from the wall he was sitting on. The court also heard Styler suffers from complex PTSD and has issues with one of his legs.
Typical progressive policy issue:
1. Commission a study asking if you "have ever been thirsty during the past year"
2. Announce that 37% of Americans "lack access to water"
3. Point out that many Americans live in "water deserts" with insufficient bottled water choices
@bigmacmcgrath@B_Christs_Amb@cturnbull1968@RubenGallego Oh so only some companies, and there isn't a history in the US of the government letting companies fail huh? Why not just protest bailouts instead of whatever you're doing now
@bigmacmcgrath@B_Christs_Amb@cturnbull1968@RubenGallego Oh so true, and then what if there's a market crash and they get margin calls???? Hence no one actually does this because it's regarded, the step up in basis is a loophole for heirs not living billionaires. The bottom 50% of America pays something like 3% of all taxes, hmmm...
@SteveWang_NYY@repmythos@nobuttestuff@DeSandTits@yoxics The theory is they could just take out another loan to pay back, again against their assets. However, if you need to actually use your wealth for anything it falls apart because you can't risk a margin call, so in practice it's just a delay for taxation
If I'm killed, please use my death to create as much division as possible against whoever or whatever did the killing. Please insure that justice is swift and painful, either via legal or extralegal means.
@wil_da_beast630 Oh we very much are interested in seeing these officer's messages to determine their mindset Wilfred, I imagine they like all officers think they're badasses who need to stop the Wokes by any means necessary. Just have a little patience, it'll come.