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Joined 5 months ago
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Cake day: November 8th, 2024

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  • It would be highly immoral to do any actual vandalism because that would give them sympathy and therefore would further the goals of Elon and others who want their bootlickers to be seen as some sort of rebels against wokeness.

    But mocking them by writing dust or adding your own bumper stickers without doing any serious permanent damage is at least defensible.




  • When Democrats lose, there’s endless navel-gazing and wondering what went wrong. If there was enough minority outreach, if there was enough non-minority outreach, what policies should’ve been passed or left on the cutting room floor.

    When Republicans lose, they simply don’t give a fuck. No one on the right was asking after Trump’s loss in 2020 whether it was a mistake to let him run again or if he should’ve done an interview with Charlamagne the God. They just doubled down on Trump.

    The point isn’t to say Democrats should be more like Republicans. Republicans are a loony cult, no one should be like them. The point is that there is an extreme and insane double standard, and anyone who acts like Democrats are the ones who need to be harsher on their candidates is hard to take seriously.








  • I think he’s sugar-coating it because their bonds are about to go up for sale. From the article:

    While equity investors have reportedly slashed the value of their stakes by as much as 78 percent, the Journal reports, “banks hope to sell senior debt at 90-95 cents on the dollar, while retaining more-junior holdings.”

    If they were breaking even, the bonds wouldn’t be getting sold at a loss. Keep in mind, the bond holders get paid before the stock holding investors, so if they’re taking a loss, the equity investors are getting nothing (hence the 78 percent cut, basically their share is only worth the odds of a miraculous turnaround). That doesn’t happen with a company unless it’s losing money.