This hits young me learning linux and dual booting straight in the feels. I can’t even begin to count the amount of times I totally wrecked the family computer and had to reinstall windows from scratch.
I don’t ingest a lot of right wing media, but it mighg make sense because people who ingest right wing media are usually living in an echo chamber and are gullible. 🤷🏾♂️🤷🏾♂️🤷🏾♂️
The us right is the local bourgeoisie and it’s propaganda is intended for everyone so everyone doesn’t climb over the fences and eat them alive. The us “left” is the national bourgeoisie and their propaganda is directed at their members and collaborators so as to maintain unity.
At this point, we need to pull a page out of Iceland’s book. They arrested their bankers over bailing them out. We need to do the same, only include politicians on the menu too.
I wonder if that has anything to do with the growth of the right.
No doubt plays a role, but I’d say it has more to do with the media’s obsession with getting paid. They are a business first and foremost, journalistic integrity be damned. They pushed stories they knew would get clicks without any regard to the facts or properly framing the issue.
Yeah pay walls don’t help but they didn’t cause the issues we’re seeing. Those that follow the actual fake news that conservatives push weren’t reading articles anyway, the paywall wasn’t what kept them from reading and researching properly.
It’s actually frightening how much is spent on right wing propaganda. I know there are whole businesses dedicated to posting on social media pretending to be genuine users. The last election in Illinois they mailed out fake newspapers with all kinds of nonsense in them. They even have country music tours that go to small towns with political messaging.
If it can be unpaywalled, it can usually be found on archive.ph. If it’s not already there, you can always try saving the article you’re trying to see there.
Allowing Elon Musk to run a company is like electing a kid who thinks the government should give everyone free icecream and make crime ok on Thursdays.
Someone needs to find him a role where he can feel like he’s helping without getting in everyone else’s way.
I mean that role was SpaceX. Give them lots of money and get cool rockets. It was going great, and it was great for his image as it’s not very political. But I guess he got bored.
When you see what a massive moron he is it makes you wonder all of the people behind the scenes at spacex that had to deal with his stupid and make the company succeed despite him.
Every day some engineer would have to answer his questions. “Can we remove brown?” “Pardon me?” “The color, brown, can we remove it?” “I’m sorry I don’t understand, remove it from where? I don’t think our rocket has any b-” “No, I mean from the world. Maybe with our satellites?” “I…don’t think that’s something we’ll be able to-” “How about birds? I don’t like them. They remind me of god.” “We…we’ll look into it.”
I think the people working at SpaceX are probably glad Elon has his mind and hands preoccupied with other stupid shit so he’ll leave them the hell alone.
Can you imagine if he were as convinced that he needed to have his hands in every little piece of that pie?
Imagine spending 44 billion dollars to buy an unprofitable service and then announcing a year later that you are rebranding and ditching the IP you paid 44 billion dollars for. Madman genius or dude with toilet water in his cranium?
Him spending $44B on Twitter is similar to someone worth $100k spending $18k on a car or a house remodel or something. Its proportionally a decent amount of money, but it’s not gonna break him if he totally loses it all.
Oh no, they might dip severely and he’ll only have $60B or as a little as $10 billion!
His problem seems to be more cash flow. As a prominent shareholder and executive, he can’t sell large amounts of his stocks without PR and legal risk. He could do what people like Bill Gates do and sell them slowly on a set schedule, though.
he has that much in stock, he doesn’t have that much cash. he also has to make huge payments on what he borrowed to buy twitter so that may affect cashflow and then value of his other companies…
Not having that much in cash is a good way to not pay more taxes. If any of his stock is valued 1 cent less than what it’s supposed to be worth in the stock market i’m down to buy all of them.
Hold on…. You’re saying I can take out a loan for $x amount of dollars against a company I don’t own yet and buy it with that money?
Yes
I take out a mortgage for a property before I buy it and I destroy the house; the bank still comes after me for the value.
Not the same, a house can’t be a legal person, the owner is the legal person of the house. The money Musk borrowed in twitter is owed by twitter, not by Musk. To do the same with a house, you need to do it through a company.
That is possible because companies can have limited financial responsibility, meaning the money they owe are not owed by their owners.
It’s a pretty nifty arrangement, to help the rich stay rich no matter what happens.
Am I being stupid or is the game more rigged than I thought?
We are stupid for not being rich enough, and still allowing the rich unfair advantages.
Not quite. The the $33 Billion of equity Elon Musk put up junior to the $13 Billion loan.
That means that if the company starts at $44 Billion then falls to $15 Billion, then Twitter still owes $13 Billion, but Elon Musk only has $2 Billion now.
Leveraged buyouts are… well… levered. It grossly increases the risk of losing everything.
It’s a bit annoying how for so long people agreed that Twitter was basically a hellhole
This was the sentiment on Reddit because it’s an anti-“every other social media” echo chamber, but it definitely wasn’t the overall sentiment of Twitter before Musk took over.
On Twitter, yes. There were tons of people for whom that was their only social media and they thought it was great. Not so much love for the admin as the community of course, and generally people were fine with the software.
If you build it people will complain, and engineers have always complained about the product they own/built. We also tend to lump communities by the worst subset of it’s members. Facebook: racist boomers, Instagram: Fake influencers, Reddit: Angry nerds, 4Chan: Really angry racist nerds. It’s just human nature to focus on the bad in general. Twitter actually used to be widely well received overall (especially when they added in those fact checks that Musk removed). Calling it a “hellhole” is subjective and was not the opinion of the overall population until it actually went to shit, otherwise it wouldn’t have been the preferred platform for many politician and news outlets world-wide.
Woah I never said it was great lol, there is no hidden utopia corner of the internet, I just think calling it widely considered a hellhole is incorrect.
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