volak

5 ms·

1.
by volak 4y ago
100k in loans for an English degree Demand a refund not a handout
2.
by volak 6y ago
Something equivalent that teen boys "adore" like girls and boy bands and twilight? I can only think of video games.. perhaps anime, possibly comics. All of which are widely mocked. Its not that girl's interests are taboo - it
3.
by volak 6y ago
Some juicy federal crimes we're all expected to know from @CrimeADay on Twitter 26 USC §5674(b) & 27 CFR §25.144(a) make it a federal crime for a brewer to remove beer from a brewery in a keg that has the name of more than one brew
4.
by volak 6y ago
One could make a fairly good argument they already do. Especially if you watched the testimony from that professor explaining how Google shifts search results to push GOTV in certain distinct counties while excluding others. https:/&
5.
by volak 6y ago
Net Neutrality is a solution in search of a problem. The only argument for it is a fictional story based on photoshopped ads. Government should not be regulating internet content.
6.
by volak 6y ago
Just wanted to point out that 3 of those 4 countries are surrounded by miles of open water/ocean. And the final one has been lying about the outbreak the entire time. https://www.independent.co.uk/world/covid19-chi
7.
by volak 6y ago
I think the app should be called "Captain Hindsight"
8.
by volak 6y ago
I agree it wouldn't sell very well. But postmortems in the tech world do trend sometimes a news cycle postmortem - someone pitch this in an elevator
9.
by volak 6y ago
That's why such a news app would be so interesting. I remember comments from back then slightly differently.
10.
by volak 6y ago
I would pay a subscription to a news site if they spent all their time evaluating 2-5 year old events and determining which side was right. 2 years ago comments of "this will only benefit the lawyers" would be -50 points. Turns o
11.
by volak 6y ago
A deal like this would likely be worth half a million at least. Perhaps even a couple billion.
12.
by volak 6y ago
Repurchasing shares is what companies do with profits they cannot effectively leverage into new investments. I suggest you read https://en.wikipedia.org/wiki/Share_repurchase But to sum up: if you are a company with $
13.
by volak 6y ago
Not true actually. The majority of employees do not get fired. Only a minority do And the minority that is let go get 3-6 months of severance and unemployment benefits until they inevitably find a new job - which btw is far easier to
14.
by volak 6y ago
You are assuming this deal is the same as previous ones. Its not even close https://www.marketwatch.com/story/united-airlines-details-it... Grants for employee salaries and benefits like health insurance, low interest
15.
by volak 6y ago
But as I pointed out in the original post - the 10B in fees is in line with revenue the banks receive during normal times. And going off the earnings the banks posted last week, they are losing millions every day just keeping the lights on
16.
by volak 6y ago
His post is not addressing this issue of bank fees hes making a wider point about bailouts in general. I am simply reminding him that airline companies who did nothing wrong have people depending on them for their paychecks. Exactly the sa
17.
by volak 6y ago
Agreed - which is why I strongly support the administration demanding equity in the companies that are receiving money. And I only support money given as loans which must be paid back. Any kind of grant money must be exclusively used for p
18.
by volak 6y ago
Its not necessarily a question of what they could do. Its an emergency and time was valuable. Banks have thousands if not millions of employees capable of performing basic due diligence before sending out money. A fed task force tasked wi
19.
by volak 6y ago
The banks have a preexisting relationship with these businesses and know what they would need / qualify for. Plus provide boots on the ground for vetting. The best the government could do was send a paltry check to pretty much EVERY a
20.
by volak 6y ago
There has been no general business failure during this crisis. The government is mandating businesses be closed and businesses and employees are suffering because of it. If you are only talking about 2008 then yes - that bailout was fuckin
21.
by volak 6y ago
The best analogy I use for logical errors such as this is - If you have a dependent - ie a child - whom you are a primary source of care. Should you qualify for a bigger helping hand than say, the 25 year old with no children? If you agree
22.
by volak 6y ago
This program is vastly different from the 2008 bailouts. The banks collected a modest fee for doing work spreading money around to people who need to pay employees and rent. In this situation the banks are simply a truck driver and small b
23.
by volak 6y ago
If you know of a better way to spread 600 billion amongst 5-10 million small businesses without going through the local banks these businesses use please share with the class?
24.
by volak 6y ago
Businesses are not a charity - according to reported Q1 earnings last week they're losing million of dollars everyday just keeping the lights on. They've lost far more even with the fees they collected from this program. As someon
25.
by volak 6y ago
Banks make somewhere around 450 billion in revenue each year. https://www.statista.com/forecasts/409713/banking-revenue-in... This program made them 1/3 of 1 month's normal revenue
26.
by volak 6y ago
Michigan has banned selling seeds. Governors are forcing businesses closed or no seating allowed. Those guidelines are good ones to maintain for perpetuity. Would decrease the thousands of flu deaths we see each year too but today's s
27.
by volak 6y ago
Some quick research https://www.nber.org/papers/w23192?fbclid=IwAR15UAkVuakNeQrl... 100,000 more drug overdoeses per 1% unemployment Also https://www.webmd.com/depression/news/20110414/s
28.
by volak 6y ago
Framing the debate as "your grandma or your 401k" is precisely the gas lighting that prevents rational discussion on this topic
29.
by volak 6y ago
New counter strike ish game Valorant also just confirmed a similar anti-cheat system driver https://old.reddit.com/r/VALORANT/comments/fzxdl7/anticheat_...
30.
by volak 6y ago
Sure I'll take a shot at being a modeler - You take temp readings from various wildlife zones around the world, and calculate how many less bears you see for each degree increase in temperature. Then extrapolate that to humans by a si

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