The founding fathers never anticipated such dick-headery

George Washington was the richest man in the New World at the time of his Presidency. Jefferson, Madison, Hamilton, and John Jay weren’t far behind. And quite a few of them (particularly the Federalists) were notorious for the wealth they accrued on currency and commodity speculation. That was one of the sticking points of the First National Bank. Whomever controlled it could effectively finance scams and flim-flams at a rate unheard of prior to the institution of modern banking.

Go ahead and sell books you’ve never read nevermind haven’t written, and memecoins to dumb twats after you are out if you want, but this shit can’t happen in active office.

This is the whole reason people seek active office. Politics is just another avenue of celebrity, with the bonus of influencing policy in such a way that you can direct public spending into private pockets. This is the latest means of doing so. But its an age old tradition, older than the nation itself.

Idk about the sole point. Lots of people speculated on them believing there wouldn’t be a rug pull within hours of the coin’s official launch. Crypto is the new Box of Rocks. All advertisement, no substance.

Property tax is on the one hand a wealth tax, which sounds like a great idea;

The problem is in how its assessed. A market-based tax will be vulnerable to market manipulation. A tax accessed by the agents of lobbyists and kleptocrats will be administered to the benefit of their patrons.

This isn’t a policy failure quite so much as it is a democratic failure.

I think you’d be surprised to discover how many people speak English as a second language, thanks to its extensive use in business and law. Even (perhaps especially) in China, where US-Chinese trade relations have been going strong since Nixon shook hands with Mao.

Only in the last ten years has the relationship between Wall Street and Hong Kong/Shanghai degraded and the appeal of English as a business language fallen by the wayside.

Been happening for a lot longer than we like to admit. Students coming to the US for education and then returning home to work have been the norm since the early '00s, on account of the US higher education system being highly subsidized by the States and Feds. This made US education relatively cheap for its quality, especially at the state university level.

But that was good, actually, because we became a nexus of research and development. Lots of students came, got education, and left. Lots more stayed around, lured by the high paying jobs at domestic firms. A few even joined the education staff of the universities themselves. A bit of brain drain was fine, so long as we produced far more than we lost.

Now we’re just hemorrhaging talent and expertise because we no longer value the work product of the professional classes. We’re pricing people out of public universities and imposing strict ideological tests on the students we do let in. We’re going full eugenics mode on senior staff and administration. And we’re turning education more and more into a means of profiting off credentialing than accruing working knowledge or performing independent research.

America is dismantling all of its socialist institutions.

Like many industry observers accurately stated that the shortages will subside long before any of the CHIPS spending could even possibly make a difference.

If you consider advanced microprocessors a strategic asset, the immediate short-term pinch in supply isn’t the problem. Its the long-term overseas outsourcing of production to regions we consider at high risk of foreign conflicts (Taiwan and South Korea). Simply moving finished chips across the Pacific Ocean is its own strategic problem.

One could easily argue that our steadily ratcheted hostilities toward China, Russia, and Iran is the actual root cause of our problems. And we’d do well to in-source production for supply flow reasons, but our real panacea might be to simply stop fucking around at the periphery of a rival imperial power.

But if you consider the Russian, Chinese, and Iranian peoples as inherently adversarial to the American way of life (on account of them hating us for our freedoms), then relying on Samsung and TMSC as your primary supply of chipsets seems imprudent.

Of course, if you wanted to give the economy any hope for viable electronics while also massively screwing over imports, this would have been your shot. So it seems strategically at odds with the whole “make domestic manufucating happen” rhetoric.

A big central problem of the US chips strategy is that we’re not building capacity, we’re building investment incentives. The goal is to make local manufacturing profitable rather than productive. But that’s at the root of the ideological divide between American and the BRICS we’re positioning ourselves in opposition to.

We wouldn’t be threatening war with these countries if we had a strong global socio-economic consensus.

Property taxes funding education, in a state like Texas where school districts are seized by the state and systematically dismantled by private equity interests operating in state-appointed positions, is a fucking joke.

This isn’t strictly an issue of taxation. Its an issue of (un)representative governance forcing people into a privatized model by leveraging the pain caused through dysfunctional public services. “Oh oh! Crimes up! We need even more cops! Oh oh! Schools are failing! So we need more… checks notes football stadiums and administrative offices.”

It’s deliberate mismanagement intended to destroy confidence in public institutions.

Lets suppose he lives in CA where the annual rate for owner occupied is 0.74%. His house would be worth approx 1.6 million dollars.

That’s largely due to the property inflation from the tech sector and not consistent across the state. You could be in San Fransisco and see your land 10x in value as the city explodes around you or you could be at the ass end of Oakland or the rural east end and still live in a slum.

This guy could also be from Texas - in the exurbs of Austin, Dallas, Houston, or El Paso - and be looking at closer to 1.5-2% annual rates. Very possible he acquired some dirt cheap land in Beaumont or Bexar County only to see his $5k plot balloon to $100-200k over the course of 20 years.

Which induces a lot of absentee landlordism, as property is held in trust and financialized rather than being bought/sold at the retail level.

How big is his house? How much is it worth now?

Property taxes are based on the assessed value of the land. So if you bought vacant land in the 1970s, improved it with a home, and then lived in it for the next 50 years, you’d see a piece of land that sold for several thousand dollars accrue to hundreds of thousands of dollars. If this guy is living in Texas, he’s likely paying 1-2% of the assessed value of the home, which could easily be north of $2-4k/year. That’s on land that was practically being given away half a century earlier.

Who does he think maintains road networks and all the other infrastructure he relies on?

The tax rate is fully disconnected from the cost of construction/maintenance. So if my house accrues from $50k to $200k over the course of ten years, I don’t see 4x as much construction/maintenance of my local infrastructure. I just see my tax bill go up 4x while my potholes continue to go unfilled, my lines unburied, and my flood control underdeveloped.

And that’s setting aside the habit of municipal governments to invest in “improvements” (sports stadiums, convention centers, police surveillance that’s focused around corporate properties, twelve lane highways that induce demand rather than improve traffick flow) that benefit private industry over public welfare. City and state officials serving larger and larger constituencies routinely become disconnected from lay voters and increasingly complicit in graft and other kickbacks, as elections revolve more around partisan affiliation than any actual domestic management agenda.

There is a very real and meaningful disconnect between what politicians do at the municipal/state level and what residents actually demand at the retail level. If this guy was perched in a penthouse overlooking Cowboy’s stadium, you could reasonably tell him to fuck off. But I guarantee he’s not.

Define ‘violent.’

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Really, what are you doing interacting with this website to begin with? Stop posting. Stop commenting. Stop voting.

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The joke of these games is that they aren’t notably more weird than titles Bethesda and Bioware were famous for turning out. Hard to get more weird than Fallout’s more esoteric vaults or Morrowind’s bizarre cults and exotic cultures.

BG3/KC:D have been, if anything, a direct successors to the old classics. They’re faithfully propagating the fundamental ideas these old titles represented in a way the new studios are unable to reproduce.

Also, honorable mention to the poor bastards who released Disco Elysium and then got their studio stripped out from underneath them by their financiers. Absolute gem of a game and you should feel free to pirate it without a twinge of guilt.