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Joined 2 years ago
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Cake day: July 9th, 2023

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  • There’s bad guys all around but this is not “both sides the same”. Adding a new evil does nothing to resolve the situation. How about finding a way that respects human rights and doesn’t disrupt the economy? How about looking at actual facts on undocumented immigrants and act on the the most common or most egregious rather than the most brown skin? How about supporting those who are avoiding persecution in their home country?

    Instead of ICE raids directed against sanctuary cities, very likely to be racist, with the intent of political revenge and instilling fear, how about:

    • reform migrant worker laws to address the actual needs, prevent exploitation, and enforce against the employers who violate
    • speed up processing and protection for those fleeing violence
    • enforce student and other visa types who over-stay their status

    This would be more comprehensive, respect human rights, avoid racism, and improve compliance with the laws. It focuses on results rather than partisanship or instilling fear







  • And yet this is a place where centrism is the goal.

    • We know that trying to tightly control economies does not work. At all. We shouldnt even try.
    • We also know that corporate-anarchy serves only robber barons. That’s not acceptable.

    So yes, the best answer is to give the market freedom but not complete freedom. To let it do its ups and downs … within limits. To combine the strengths of capitalism with the guardrails of a guided market. Where the capitalist driven market does not serve society, it’s a failure to guide the market so capitalism fulfills desirable goals






  • Maybe, but hopefully the existing controls will prevent that from happening again …. Unless overzealous attempts at “reducing regulations” break those. There were quite a few factors around the Great Depression but consider controls like:

    • “circuit breakers”, automatically halt trading when a stock or the overall market drops too quickly
    • “qualified investors” are criteria you must meet for the riskiest investments, basically that you can handle the loss
    • bank requirements for capital, risk, so less likely to collapse
    • bank rescues - Lemmy likes to complain about rescuing banks instead of people, but bank collapses during a crisis are what can push the crash off the deep end

    Also the overall size and complexity of the modern investment industry should make it much less likely for any one type of investment to drive a general crash.


  • Why should they be stopped by the government? That assumes the stock market should be logical and predictable but why should that be true? It’s all speculation, just a step above gambling, and people should be allowed to.

    Tesla is a great example. Its stock has never been at an expected level for their revenue or profit. It’s all speculation about their potential to disrupt the car market (which they have), and predictions like 50% growth per year. Even now, self-driving and artificial intelligence seem a bit far fetched to most of us, but if they happen will be very disruptive.

    But yes , politicians should have required ethics standards, including banning insider training. The rest of us have to: how does it make sense for our leaders to have lower ethical standards than everyone else?






  • Maybe. While I do sometime choose the plant-based meat, thinking of it as a substitute was my initial reluctance to try vegetarian food. Back then, I ridiculed the idea of a “veggie burger”, but really liked grilling a “black bean patty”. Did you realize Mac and Cheese can be vegetarian? “Greek veggie dip” is horrible, but I love hummus. I always loved various potatoes, but it was quite a revelation that you could spice them up and use them as a meal. My latest infatuation is Halloumi or Paneer - don’t ever call a nice grilling cheese a substitute for anything.

    At least for me, it is easier to choose foods for their own value, rather than suffer with a substitute, r a variation “without”. I’m not a vegetarian and have no interest in it, but I will choose what looks good to me at any given time, on its own merits