Zohran Mamdani has been mayor for 231 days and this, if manifested, and without hyperbole, will be the most radical act of his tenure by a long shot.
Please allow me to break this down:
He is about to spend 70 million tax dollars on 5 government run grocery stores (notwithstanding Aldi' making clear they could open 5 stores for a fraction of that).
Those five stores, run as they will be on tax dollars every single month no matter how full or empty their aisles will be, will be able to operate at a loss in perpetuity, and offer groceries for 30% less than their competitors.
But because no private grocer could possibly compete with a government competitor undercutting them by 30%, they will all inevitably all go bankrupt.
Mamdani's solution to prevent their bankruptcy? Give those private grocers tax dollars for them to compete and thereby make up for the 30% shortfall that...HE CREATED.
Succinctly: the government spends tax dollars to create an insanely bad problem. Then, to solve the problem that THEY CREATED, the government spends more tax dollars.
Utterly insane.
@AdamSinger@volatilitysmile Freezing rents is stupid. However, 98% of economists agreeing does mean much. The scientific method: Nothing can be proven to be true. Hypotheses can only be rejected. (A black crow doesn’t prove all crows are black. A white rejects completely.) Only one solid study is required.
@PaulGarvey4@RLamondo@ChrisMartzWX Then how can you be so sure you are right? Aren’t you just waiting to be proven wrong? More importantly, why aren’t you clamoring to have your hypothesis rejected? Why doesn’t a single study rejecting your hypothesis not resonate with you?
The human brain runs on about 20 watts of power; certain of the frontier large language models require a few gigawatts just to train them and then multiple gigawatts to serve them to their clients. Mind you, this is not exactly a fair comparison, for the former measures one brain while the latter attends to multiple instances in a global elastic fabric. That notwithstanding, the vast difference between the two tells us that evolution is cunning and resourceful while our present architectures are blunt and clumsy.
My information consumption is now 1/4 X, 1/4 podcast interviews of the smartest practitioners, 1/4 talking to the leading AI models, and 1/4 reading old books. The opportunity cost of anything else is far too high, and rising daily.
@elonmusk@edwardge While monopolies can be persistent, absent government protection they always ultimately succumb to competitive forces. Let competition determine survival. If a company’s dominance persists in a competitive market, it is because the company provides superior products or services.
Housed in a NYC edifice of wasted of concrete, steel & glass are sinecures of masters of underachievement who perpetuate an employment scheme w/ misanthropic objectives styled as moral imperative. Its mission, quietly strangle human freedom while blathering about peace & justice.
🚨BREAKING: In a bombshell announcement, UN Secretary-General António Guterres has issued a dire warning: "the United Nations is on the brink of total collapse" if the United States, which contributes approximately $2.2 billion to the regular budget alone, does not give to the UN.
Thoughts......??👀
MAKE THIS GO VIRAL ON 𝕏. LET’S GO 👏
Yet again we see that politicians spend most of their time rectifying their past errors and overreaching. It will end when their hubris destroys their civilization.
🇩🇪 GERMAN CHANCELLOR ADMITS THEY FUCKED UP THE WHOLE ENERGY THING
Friedrich Merz just plainly admitted: ditching nuclear was "a serious strategic mistake" and Germany's running the world's most expensive energy transition.
"At least 3 years ago we had to leave the last remaining nuclear power plants in Germany on the grid so that we at least had the power generation capacities we had at that time.
We have taken over something that we now have to correct. But we just don't have enough energy generation capacities."
Duh, Herr Kanzler!
Source: @clashreport
California millionaire slams Larry Page and Sergey Brin for cutting ties with CA to avoid wealth tax. I strongly support Dave Nixon’s acting on his own and paying 100% of his wealth in taxes rather than attempting to force his values on others.
https://t.co/orRP9O9YQk
It’s socialism in action. Healthcare is the tip of the iceberg, albeit a painfully large tip. Every branch of our government own a piece of this debacle.
Modern democratic socialism: Free healthcare so universal you get rationed to a 2-year waitlist while bureaucrats decide if grandma’s hip is cost-effective. Equality achieved: everyone waits in misery together. Try paying for it without massive capitalist wealth to loot first.
Why doesn’t this apply to any company trying to create goods & services that society wants? Corporate owners, mom and pop or shareholder owned, are trying to create and distribute what society wants so they can be successful. A company has one purpose: Create value for society.
Trey Gowdy , South Carolina Congressman, recently responded to a reporter about the military in response to a question from a CNN reporter about the DoD ban of transgenders from joining the U.S. armed forces. As Trey typically does so very well, he nailed it rather succinctly.
Question: How can President Trump claim to represent all U.S citizens, regardless of sexual orientation, when he banned transgenders from joining the military? Isn't that discrimination?
Trey Gowdy's Response: " Nobody has a right to serve in the Military. Nobody! What makes you people think the Military is an equal opportunity employer? It is very far from it - and for good reasons - let me cite a few."
"The Military uses prejudice regularly and consistently to deny citizens from joining for being too old or too young, too fat or too skinny, too tall or too short. Citizens are denied for having flat feet, or for missing or additional fingers." he went on to explain: "By the way, poor eyesight will disqualify you, as well as bad teeth. Malnourished? Drug addiction? Bad back? Criminal history? Low IQ? Anxiety? Phobias? Hearing damage? Six arms? Hear voices in your head? Self-identification as a Unicorn? Need a special access ramp for your wheelchair?"
"Can't run the required course in the required time? Can't do the required number of push-ups? Not really a morning person? and refuse to get out of bed before noon? All can be legitimate reasons for denial"
"The Military has one job: Winning War. Anything else is a distraction and a liability. Did someone just scream? That isn't Fair? War is VERY unfair, there are no exceptions made for being special or challenged or socially wonderful"
"YOU must change yourself to meet Military standards and not the other way around."
"I say again: You don't change the Military - you must change yourself. The Military is not about being fair, it is about taking advantage of others and about winning.
The Military doesn't need to accommodate anyone with special issues. The Military needs to Win Wars and keep our Country safe - PERIOD!"
"If any of your personal issues are a liability that detract from readiness or lethality... Thank you for applying and good luck in future endeavors."
"...any other questions?"
.@Rhetors_of_York is a black Professor of Rhetoric.
Because he wants black students taught standard English— HE is accused of being racist.
"Has academia gone insane?” I ask.
“Yes,” he says. “It has gone insane.”
Here is our FULL interview:
If you read Wikipedia, you are told that Trump is a fascist.
But bizarrely, if you look up dictator Raul Castro (who oppressed Cuba after his brother Fidel died) there’s “not one mention of the term authoritarian,” points out @ashleyrindsberg.
More examples of Wiki bias here:
"You get taxed on what you earn, you get taxed on what you buy, and you get taxed on what you own."
"Taxes, taxes, taxes."
"And then what does it get spent on? A bunch of stuff you don't even agree with."
"That's why we need to reduce the size of government."
Capitalism doesn’t assume humans aren’t greedy. It assumes they are and refuses to give them power over others.
That’s the point.
Greed under capitalism is constrained by consent. You only get richer by offering something others voluntarily choose to pay for. If you stop providing value, the money stops.
Greed under collectivism is unconstrained. It’s backed by force. You get resources whether you create value or not, so long as you can moralize need or capture political power.
Also, capitalism doesn’t pit competition against cooperation. Competition is how we discover who can cooperate best. Every successful business is a massive act of cooperation with customers, workers, suppliers, and investors. It just isn’t coerced cooperation.
And the claim that capitalists never give back is empirically false. Private charity, philanthropy, reinvestment, and voluntary aid explode under capitalist systems and collapse under socialist ones.
What you’re really saying is this:
You don’t trust individuals to choose generosity. You trust the state to enforce it.
That isn’t moral. It’s just replacing voluntary cooperation with compulsory obedience.