We all going to be deported to Linus’ house for not using Microsoft spyware. All because some Chinese AI shook Zuck’s AI investors.
IHeartBadCode
Shit we already seeing it real time. Facebook recently banned anything related to Linux.
Shit. Where you getting the money for so many cigarettes? Best I can do is drag a two pack of Swisher Sweets out over the week.
Just remember to keep dosing to something around 20ppm.
Just enough to have rapid onset of COPD, lung damage, and development of some of the worst untreatable cancer. Not enough to have internal bleeding that kills them within three days of exposure.
From “I’m sure he’s learned his lesson” to this. Republican Senators really give off that “I actually don’t give a shit, I’m here for the paycheck” vibe.
I didn’t comment on the action. I indicated the linked article’s title is horrible.
Must be all those sending my heart gestures and roman salutes I do on a daily basis because I'm autistic and awkward.
Yes, but the concentration of CO₂ is about 420 ppm from 2023 measurements. Whereas your average carbonated soda is around 10,000 to 15,000 ppm. And most people call anything below 2,000 ppm flat.
Something to consider.
This is just Trump rescinding Executive Order 13989. Highlights from that EO.
- No accepting gifts from registered lobbyists or lobbying organizations
- Revolving door ban, outgoing. (That's leaving the White House and going directly to work for a job you previously were over in the White House)
- Revolving door ban, incoming. (That's being a lobbyist and then getting hired into a department you lobbied.)
- Revolving door ban, holding the door. (You can't help others get in or out of a department into or hired from a lobby directly related to the department in question)
- Golden Parachute Ban. (No hiring you if you had a golden parachute)
- Vampire clause, everything agreed to here, everyone who reports to the person who agreed must agree to it.
So the first item is lobbying as usual, but the rest dealt with who could and couldn't be hired/considered for nominations.
Power cited in the EO was 3 USC § 301, 5 USC § 3301,7301.
IMHO: I think the title is horrible.
Exactly. What the banks are doing are selling "loans". Musk has to pay those loans back quote/unquote someday. If the loan is good, you hold on to it as a bank because the interest makes you money. If the loan is bad, you sell it so that you can get some of your money back and make the collection of the loan someone else's problem.
Banks will do this for a number of reasons:
- To manage their balance sheet. Every loan not paid in full is bad and you need to balance good (income/good loans/etc) and bad.
- Generate immediate liquidity. Banks need to have some hard cash on hand, sometimes they sell to do just that, have hard cash.
- Free up credit lines to lend to new borrowers. Banks only have so much resources, sometime you cut losses to get new gains.
- Diversify the risk pool. You want a nice balance between "loans that might default" and "loans likely to not default".
Now for everyone else, what the parent to this comment is indicating is the second option in that list. Having to create some cold hard cash suddenly. Usually, there's a cyclical nature to needing greenbacks by the fistful, but like everything that's not always true. Something can "happen" and you have a sudden need to have cash in hand pronto. Good way to get that cash is to start selling low hanging fruit if you have it.
Something like the Twitter loan is a good pitch for low hanging fruit. Musk is terrible at paying the loan back, Twitter is likely to default one day, but Musk suddenly has direct access to some pretty corrupt as fuck ways to actually pay that loan back. From what I've read in the article, the sell price is something like 90 to 95 cents on the dollar. So not a huge discount, this ain't a fire sale.
But banks might want to offload Musk from their sheets just in case that money is something someone might later investigate. Like that 95 cents on the dollar price is "We think Musk is good for it, but we likely don't actually want his money." So you can make that federal investigation in 2033 someone else's problem, by selling the loan today. The big bank makes about 95% of the original amount back and when Musk goes to pay his loan in Russian Blood Rubles, it'll be to a bank that get investigated that isn't <<insert some large bank that would "NEVER" think to take conflicted money>>.
That's one theory. But there could be something on the horizon. Something that isn't right around the corner, but coming up in the distance that the banks want to have cash on hand for. Usually you see a much larger discount, like 60 cents on the dollar, for "holy shit, this stuff is toxic but we need to offload it discreetly before everyone else wises up."
I don't think point one and three apply to Musk's particular set of loans. But who knows?! Only the bankers do.
It’s very bureaucratic. And it’s very slow.
Oh well he'd like to know about the Homeland Security Act of 2002. That's when we took FEMA and merged it with Department of Homeland Security and mixed all these neat book keeping tricks. Like this one where border patrol has to get money from FEMA for particular payments related to housing capture illegal border crossings.
Now you may ask, "Why on Earth would we do something like that?" Well, because 9/11! That's why!
Yeah, for the folks who were trying to beg for reason and a level head in the aftermath of the worse terrorist attack on the United States, they would be right up there with Trump about how FEMA since 9/11 has slowly converted into a red tape mess. I don't think anyone in FEMA will debate that the red tape is a good thing.
But that's about as far as Trump goes in being right before he gets to:
I’d like to see the states take care of disasters
States WOULD NOT take care of them. They would just create various insurances that they would require citizens to pay into. And then those funds would be at the whim of the State Government not being corrupt, which for the southeastern states (I'm in one of them, Tennessee) that would be like asking a cocaine addict to be in charge of the cocaine evidence.
sniff sniff I have no idea why all these criminals keep going free! sniff snifffffffff
I mean I don't know, maybe we ought to bring back tar and feathering our local politicians. I thought we could move past that point, but you know, shit sometimes the old ways work best.
FEMA just hasn’t done the job
FEMA has done exactly the job that Congress has legislated them to do. If FEMA is failing in someone's opinion, we needn't look any further than Congress.
He also said individual states should be in charge of directing response to natural disasters rather than FEMA, and that the federal government should only step in subsequently to provide funding.
sigh
This is overly simplified. States know best where things are hit hardest and what the priority for rebuilding should be. FEMA will absolutely use their decades of experience in disasters to help state governments get the most out of their funds. If I was to try to make a metaphor here. States are in the driver's seat, FEMA will act as the GPS, and Congress is the gas tank. FEMA will try to get the most mileage out of your gas tank as possible, but States can totally change course and FEMA will try it's best to plot a good destination based on the new course given the limited amount of fuel the State has.
As always, it's a subject that is complex that Trump feels that the complexity doesn't deserve to be address but instead done away with and make the complexity someone else's problem.
Meta mad about DeepSeeks. Decided only terrorist use Linux.