• 0 Posts
  • 39 Comments
Joined 1 year ago
cake
Cake day: August 14th, 2023

help-circle
  • They’re killing the middle class though

    Some schools might be, but not places like Chicago or Harvard. At least not through their tuition policies. They give financial aid to those up to a pretty high income threshold.

    UChicago, for example, gives free tuition to anyone who is the first in their family to attend college, or makes less than $125k a year. Harvard, as I mentioned, essentially gives free tuition up to $150k. MIT’s threshold is $200k. Families in these income ranges are doing pretty well for themselves.

    And then when students graduate from these schools they have a pretty easy path to being rich themselves. The degree, the connections, and possibly the education itself provided a pathway towards six figure jobs, maybe $200k+, before the age of 30.

    So no, I think these schools are a pretty good value proposition for even the middle class. Upper middle class has to pay the highest percentage of their own income, but it’s still worth the cost for them.


  • All the schools rip off the rich to subsidize the middle class. You’re essentially subsidizing a bunch of students who are paying close to nothing.m, because you can afford $70k tuition.

    As another example, Harvard is free for anyone whose family makes less than $85k per year. Not just the tuition ($56k per year), but also the housing (worth $13k), food ($8k), health insurance ($1600), books, and a modest living stipend designed to cover things like a computer, commuting/travel, other expenses.

    And those who make up to $150k per year are capped at 10% of their income to pay for all that. In the end, the average cost of Harvard for the typical student is about $15,000 per year including housing and food.

    In other words, attending Harvard is cheaper than not attending school for anyone whose families make less than $150k, which is basically 75% of the nation. So if you’re actually paying full tuition, you’re probably pretty rich.



  • Yeah, evolving lungs ended up clearing the way to make use of the much more plentiful oxygen in the air compared to what is dissolved in water. Amphibians and reptiles have pretty low metabolisms, but birds and mammals basically evolved endothermy (aka warm bloodedness), probably in support of much higher muscular power output. Ectotherms (aka cold blooded animals) have metabolisms that are correlated to temperature, which means they can’t exert themselves as well when it’s cold. Endothermy allowed animals to be warm all the time, and therefore use higher muscular power output in any environment, especially sustained.

    That means mammals and birds were able to cover more distance, and survive in places where reptiles and amphibians can’t, and all the advantages that carries.








  • I know you’re making a joke, but it’s not funny specifically because of what a piece of shit his dad actually was.

    In Jonny Kim’s senior year in high school, his dad died in a shootout with the police after the pistol whipping his mom and repeatedly threatening to kill her (in front of their high school age son). This dude joined the Navy a few months later, in large part to get away from an traumatic home life.



  • They’ve got a good, but not perfect, track record of actually uncovering illegal conduct by their targets.

    • They exposed Nikola’s fraud (including exposing the video they published pretending that their prototype rolling downhill was moving under its own electric power) and their findings led to the Nikola founder’s indictment about a year later.
    • They alleged fraudulent disclosures and financial statements by Nigerian conglomerate Tingo Group, and the government ended up indicting the founder for securities fraud.
    • They showed that Lordstown Motors was drumming up fake demand by literally paying potential customers to sign letters of intent to join the waitlist for their not-yet-created electric truck. The SEC ended up charging them with misleading investors, and brought action against their auditor who had conflicts of interest.
    • They exposed the obvious fraud of EbixCash, a gift card network, and tanked its IPO, by showing that they were lying to investors about the existence of their partners (using photoshopped buildings and fake addresses and phone numbers), lying about app downloads, and almost all of the revenue was from their own sister companies. This exposure brought down its parent company, which ended up in Chapter 11.

    They’ve had less success accusing two huge well-connected investors of fraud:

    • They published a report that billionaire Carl Icahn was manipulating the share prices of his fund by using a sophisticated ponzi scheme structure that paid old investors using new investors’ cash. The SEC ended up investigating and settling for a disclosure violation about failing to disclose their pledge of more than half the stock as collateral, but didn’t actually find facts confirming the meat of the Hindenburg accusation.
    • They’ve gone after India’s Adani Group for accounting fraud and stock manipulation, but that hasn’t led to anything actually uncovered. India’s security regulator has concluded their investigation without findings of wrongdoing, but Hindenburg has doubled down and says the regulator is compromised by corruption. Adani’s founder is close to India’s Prime Minister.
    • They alleged that Block/Square was aware of, but doing nothing to stop, widespread fraud in its Cash App and debit card transactions. That wasn’t enough to actually move the stock price, because it was kinda a weak accusation, they didn’t really show that Cash App was any different from any other similar fintech product, and Block is a much bigger company that has lots of other business units.

    The problem is that most of us on the outside looking in just see accusations, some of which are proven years later, and some of which never get proven, so we don’t have a good sense of which ones are real or not, whether anything is overstated, or whether it actually makes a difference to the underlying company.


  • It feels so real in how disappointing the experience becomes for the straight characters.

    This hits the nail on the head. It’s funny because of the point of view of the actual participants.

    The funny thing about this thread is that there are so many comments essentially agreeing with the central premise of the sketch, that it’s relatable and disorienting when you stumble onto some kind of established fandom and can’t seem to keep up with why it’s popular or what is or isn’t “part of it.” The popularity is confusing in itself, and the need to dissect the lore (as OP is doing, perhaps even unintentionally following the sketch itself) distracts from the original purpose of going there to be entertained.

    In other words, the sketch is funny and relatable exactly for the same reasons why much of the audience doesn’t find it funny and relatable.


  • booly@sh.itjust.workstoMemes@lemmy.mlChoice
    link
    fedilink
    arrow-up
    3
    arrow-down
    3
    ·
    3 months ago

    This is a counter to the Democratic party supporters you see everywhere who always get irrationally upset at third party voters, not about Republicans.

    Plenty of us Democrats are very much in support of a ranked choice voting schemes, or similar structural rules like non-partisan blanket primaries (aka jungle primaries). The most solidly Democratic state, California, has implemented top-2 primaries that give independents and third parties a solid shot for anyone who can get close to a plurality of votes as the top choice.

    Alaska’s top four primary, with RCV deciding between those four on election day, is probably the best system we can realistically achieve in a relatively short amount of time.

    Plenty of states have ballot initiatives that bypass elected officials, so people should be putting energy into those campaigns.

    But by the time it comes down to a plurality-take-all election between a Republican who won the primary, a Democrat who won the primary, and various third party or independents who have no chance of winning, the responsible thing to make your views represented is to vote for the person who represents the best option among people who can win.

    Partisan affiliation is open. If a person really wants to run on their own platform, they can go and try to win a primary for a major party, and change it from within.

    TL;DR: I’ll fight for structural changes to make it easier for third parties and independents to win. But under the current rules, voting for a spoiler is throwing the election and owning the results.




  • to the downvote brigade I highly recommend go watch the full video and decide for yourself

    Yeah it’s obvious she’s weaponizing the police against a guy who she doesn’t like, by knowingly playing directly into the “police will overreact against a black guy” card, and faking panic in her voice. This is violent escalation to a non-violent situation. The faked panic is straight up sociopathic.

    People who don’t leash their dogs are assholes, and his response to that was relatively tame.

    I don’t see how you can watch this and respond the way you have, unless you’re also the type of asshole who feels entitled to walk dogs without leashes, or generally dislike black people, or are completely oblivious to the social context in which police in New York interact with black people.