karmakurtisaani

Fascism favors loyalty over competence.

Among other reasons, because it's been evident that the numbers won't add up from the beginning. It's always delicious when reality catches on a major scam.

I switched to engaging more actively on Lemmy. But it's funny how many comments like this there are in this thread, kinda makes me happy I wasn't the only one who couldn't deal with the forced log in bullshit.

This is not true. A major shareholder would definitely have a cash cow company keep producing a steady 5% dividend return plus stock growth over a one-off 30% gain followed by slow death, as they cannot liquidate their position at the peak price anyway. (This was not the case with reddit, but just to illustrate an ideal situation).

It's a failure of the board of the company to allow the CEO to make a quick buck while trashing the future, and can lead to law suits.

The real problem is that the CEO might just have been incompetent enough to think reddit can get away with anything.

On a side note, I stopped commenting on reddit when they got rid of 3rd party apps and stopped lurking after they forced log in. Lemmy has been a decent alternative, but could still use more users.

This is very well illustrated in the fable Boy who cried false positive.

"Look how badly the democrats are handling the Iran war! They have completely failed to restore the trust of our allies in Europe! They did not even televise the execution of the treasonous Trump administration!"

Ok, the last part is wishful thinking, but for sure the dems will be blamed for not fixing Trumps failures fast enough.

For elaborating something unclear they're great tho.

Unfortunately the proposed Sepsteinber did not go through.

They could also just be another distraction. It's better we talk about this than his numerous policy failures or the Epstein files, where the evidence of him raping children could come up.

What did you say about the Epstein files?

Torrenting just scales better, I think it's simple as that.

Only a small fraction of SpaceX stock is available on the market.

Why tho? What's the added value? Those places are terribly inhabitable.

I think you're missing the mark by putting the blame on morals while ignoring actions such as Reagan dismantling unions and removing accountability from news reporting (IIRC, there used to be a law that news networks have to present a balanced view on any topic). Super PACs were not possible until 2010.

You cannot morally impose the wealthy to support the rest. It has to come through legislation and organization of labor.

I thought it was a firing squad execution, televised for everyone to see and enjoy.