I got a new account on another Mastodon server here.
I am now on Universeodon. Originally I was on Mashead.social. For some reason they went offline in early March. There are a few posts about it on the Mastodon subreddit. Supposedly it is still in progress, but I have decided to stop waiting.
I saved the email address of the admin of the new server if I ever need to email them. I might donate some money to them. I will add them to the list of organizations I could donate to.
I have decided to save for posterity a few of my thoughts here since they are now lost to the ether. I was able to track down a few actual URLs, some others are from memory.
Robert Reich had a mast [Note 1] about how Norfolk Southern had spent $4.7 billion in dividends and buybacks in 2022, reduced its workforce over 20 years by 33%, and then when there is a derailment they act like there was no way to prevent it. I posted: @rbreich On one hand I agree, but I hate it when people equate divs and buybacks as the same thing. A lot of us are counting on dividend growing stocks to fund our retirement. Buybacks are just corporations going into debt to play games with money (usually to fund options for execs). Let’s go back to making those illegal.
David Gerard masted a link to an article by fellow no-cointer Amy Castor titled “Ethereum moved to proof of stake. Why can’t Bitcoin?” Short answer: Because the bitcon developers and miners do not want to. I posted: @davidgerard One of the definitions of “fiat” is “an arbitrary decree or pronouncement”. There are so many things about BTC that are arbitrary: block size, new block every 10 minutes, 21 million BTC total. And it was all made up by someone whose identity has never been verified. And now POW will not change until the miners allow it to. BTC people think BTC is objective, like calculus, but it is more fiat (in general sense) than “fiat currency” is.
Corrupt-o-currency is fiat, but they talk about it like it is some eternal truth, like calculus.
Another post was a link to a Vanity Fair article titled Inside the Dissident Fringe, Where the New Right Meets the Far Left, and Everyone’s Bracing for Apocalypse. It was about people moving out to the western states (Wyoming, Montana) because they think society is corrupt and about to collapse. Most of them were conservatives, or people who voted GOP or Glibertarian, so there was a lot more “Far Right” than “Far Left”; I guess Vanity Fair has to get on the “both sides” bandwagon. Here is one quote from the article: She is a proud conservative who views the corporate elite as enemies of America, and believes that we’re on the cusp of a populist uprising against the brand of transnational capitalism championed by Republicans for most of the last half-century. Typical. This is how conservatives think: Plan A did not work, so let’s double down on Plan A. Conservatives got us to this point; it wasn’t the hippies that wanted to close the factories and send jobs overseas. Another quote from her: [Her grandfather] was a devout Christian and actually cared about this country and wanted to build this country up. No lady, your “devout Christian” grandfather did not want to build this country up. He just wanted to kick people around. That is what devout Christians do.
Another thing: A lot of the people in that article think the issue is “globalism”, yet they support people like Trump and Bannon. Trump loves Putin, and he’s buds with MBS, Bolsonaro, Orban, Duterte, Bannon name-drops Modi. Isn’t that a form of globalism? Globalism to improve trade and make us more connected: bad according to these people. Globalism to kick around people they do not like: good according to them. And how “America-First” was Trump really? Trump talked tough against China, yet China gave Ivanka trademarks, and then Dolt45 said he would lift sanctions on Chinese telecom firm ZTE for working with Iran and North Korea. The Biden Administration has been tightening export restrictions on semiconductor manfuacturing equipment to China (see articles here, here and here). Yet a lot of people think Trump was tough on China and that the Biden family is buds with the CCP. Globalism to line the pockets of the Trump family: good, according to these people. Globalism to work with allies to isolate Russia or China: bad according to them.
I had a couple of others. One was where I posted that the problem with our current economic environment is not just that everything has to keep growing, but the growth rate itself also has to grow. Second derivative capitalism will be the end of us all.
Another post was that I think a big cause of problems in our society is not just the people who vote GOP because they are nasty racist and/or religious wackjobs. One big problem is the people who vote GOP “for the tax cuts”. They never seem to get in their heads that tax cuts are a part of the package. The grifting, the performance art, the incompetence, the nepotism, the racism, the religious nuttery: it is comes with it as well. On top of that, tax cuts never have the promised results. At the federal level, spending never goes down (perhaps they should try actually cutting spending before cutting taxes), economic growth is the same, and taxes never get simpler. At the state level, all you get are bad roads and four day school weeks.
Just like the last time, and the time before that.
Note 1: Yes, I know they are called “toots”, but that just sounds stupid. So why should you mast? Because it’s a blast.
Image of the flight from Egypt by Giotto di Bondone; image from Wikimedia, assumed allowed under public domain.