JumpCrisscross

Joined 15 years ago

Karma
193,531
Submissions
52,871
Member since
May 31
Ski. Fly. Growth equity VC.
View on Hacker News

Recent submissions

Comment · 22 hours ago
Comment · 22 hours ago
> hold it back in the hopes that Americans show up to save the coutnry

This is a legitimate strategy that is wholly undone by announcing a public resolution.

Comment · 22 hours ago
> you hold Democrats to the standard of a functional political party, while the other party is openly corrupt

I’m holding the party that has a hope of saving our republic to account for not repeating the messaging-BS mistakes from the later Biden years.

Non-binding resolutions are a mockable waste of time. They do nothing for affordability or corruption or reducing the chances of an AI bail-out.

Comment · 22 hours ago
> you think there'd be that from a draft bill?

Yes. I just had a markup of one floated to me by a New York member. This is what you do when you’re preparing to go back into power.

Comment · 22 hours ago
> to the point he voted against his own bill he signed just because it received dem support

Who cares. Write a damn bill. Get agreement among your members that specific text works. That is the first step to any legislating. It’s also something Democrats know how to do—even the CPC has an energy bill drafted. It’s what you do when you’re being serious about prioritizing legislating versus tweeting.

If you care about this issue and have D representation, call and demand an actual bill.

Comment · 22 hours ago
If all they do is non-binding resolutions, yeah!
Comment · 22 hours ago
A voter who won’t vote for anyone but their perfect candidate is electorally useless in a country of hundreds of millions. Democracy is about compromise, and compromise often means nobody is particularly happy about the outcome because nobody gets all of exactly what they want.
Comment · 22 hours ago
> these actions are part of advertising their position to future voters, which is one of the key requirements in a representative democracy

Sure, this is a joint statement. Published days before the election. Meanwhile, for actual legislative priorities, draft bills are proposed.

Comment · 23 hours ago
> fed was always a backstop to the FDIC by design

No. The FDIC can borrow from the Treasury. Not the Fed. The Fed backstops’ banks liquidity. The FDIC backstops banks’ solvency inasmuch as it affects insured deposits.

We needed new laws in 2008 because the Fed’s backstop alone was insufficient. These banks weren’t just illiquid, they were insolvent. TARP gave them liquidity for “troubled assets.”

Comment · 23 hours ago
> what you call puffery, is probably a very necessary first step

Nope. Bills that become laws don’t tend to be preceded by non-binding resolutions. They are preceded by draft bills.

Comment · 23 hours ago
> by the same logic manifestos and other statements of intent are also "pure puffery"

No, a manifesto or a platform guides drafting and candidate recruitment. Resolutions don’t.

> Or even proposing new laws by floating bills

Again, no. This leads to actual laws. Resolutions don’t.

Comment · 23 hours ago
> Then we’ll see what they do in four days

They’ll try to pass the bills they’ve actually written and published and debated and built consensus around.

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton