• 8 Posts
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Joined 3 years ago
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Cake day: July 9th, 2023

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  • Degrade and underinvest in rail networks

    Fuck that, freight rail has been doing that for over half a century. Coal doesn’t care how slow it moves or how off schedule it is, but when that’s all freight ts cares about, they ruin rail for everyone.

    Time to seize that track by eminent domain, force them to obey the law giving g passenger rail priority, and forcing maintenance if they want to use the track




  • every rich person about working from sun up to sunset is a lie

    I worked at a startup once where one of the guys was honest about that. He had helped a prior startup succeed and made his money, so was not interested in working.

    We paid for the name so investors would think we could succeed. He just screwed around when he actually made it in to work, but occasionally talked to investors about the great things he was doing



  • As an X’er not too far behind them:

    On paper I look like one of those hoarders: nice income and a lot of house equity. I also have above average 401k balance

    However

    • excessive home inflation
    • interest rates lock-in
    • medical emergency costs ridiculous
    • kid college costs ridiculous
    • car costs ridiculous
    • divorce lost half of everything
    • retirement age 65–>67
    • ageism means i can’t expect to work as long as I need to
    • boomer parents not going to leave anything

    We’re hit by all the same excessive inflation as everyone else but we can’t downsize because mortgage rates are too high. All the missing safety nets affect us as much as everyone, except we’re out of time to recover from any catastrophe.

    Given a family medical emergency, I missed 15 years of 401k contributions, and never upgraded from A “starter home”, despite what the valuation looks like, and I have a lot of major maintenance coming up

    I have to say that despite a lot of things that look really good on paper, I was much better off financially in my 30’s





  • AA5B@lemmy.worldtoLemmy Shitpost@lemmy.world[serious]
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    5 days ago

    Used to be called starting a war. It’s working for Russia but you really need to have a draft/conscription to make it succeed. The wealthy pay a doctor to say they have bone spurs and the poor go die somewhere else. As a plus some wealthy benefit from an overheated military industrial complex

    But there are side effects, such as generating more poverty by killing off the main income in families


  • For me it was the opposite. As a married couple we had a house almost paid for. But then in the divorce we both had to get large mortgages again.

    I bought out her half of the house and now have a mortgage as big as our initial starting price 20 years ago, that doesn’t get paid off until I’m like 80. So that didn’t work so well

    Of course now I also have enough equity to buy a house in most of the country. So there’s definite upside










  • Still time to inflate more. This season is still building up to the biggest and baddest. At the start of this season we hear names like Mythos and Glasswing but they don’t mean anything. Now we’ve learned they’re a new and faster way to discover vulnerabilities in software. The foreshadowing is building. We have the date, we know the upcoming catastrophe. In July, they will make public thousands of new software vulnerabilities. The internet will panic, software companies will spend billions on ai service to handle the damage. Anthropic will have a record IPO, followed by other AI companies. It’ll be YUGE. Stay tuned for the cliff hanger