webninja
Joined 10 years ago
Joined 10 years ago
What happened to DOGE and USAID?
Compound interest is one of the most powerful forces in the world. Currently interest on the debt is ~19% and is growing at a CAGR of 11.2% per year. At the current growth rate, how long until interest on the debt consumes 100% of all tax revenue?
A ray of sunshine & hope: Many state governments who are both low-debt and fiscally conservative will be fine. We also experience small amounts of this with each governmental shutdown.
Start planting fruit trees so the next generation can eat.
No, only Claude Opus 5 and Claude Sonnet 5. Claude opus 4.6 and Claude Sonnet 4.6 are the best Claude writers, especially for chat related uses. They’re what made Claude so popular.
Claude opus 4.8 is a good middle ground if you need higher resolution image viewing. I’ve downgraded from the 5.x’s to give my eyes a rest from the waterfall of words.
Sonnet 4.6 is better at writing good emails than Opus 4.8, Fable 5, and even Sonnet 5.
4.8 took a shortcut today. There was an error in my local LLM’s relay of thinking text. So it brilliantly decided to turn thinking off, neutering the model. Had to revert that nerf. That’s the same lazy behavior as 4.7. 4.6 would never.
> The pledge by the Department of Justice on Tuesday came a day after Trump agreed to settle his lawsuit against the IRS in exchange for the US government launching a $1.8bn fund for victims of alleged “lawfare”.
> A DoJ spokesperson told the FT that the decision to bar the IRS from pursuing claims against Trump was “only with respect to any existing audits”. “There would be little point in settling several significant claims if either party could simply turn around and seek to initiate more adverse claims that could have been pursued previously,” added the spokesperson. > Danny Werfel, an IRS commissioner under former president Joe Biden, noted, however, that he was “unaware of a single precedent where the IRS has agreed in advance to permanently forgo examination of previously filed tax returns for a specific person or business”.
First, what legal mistake did the IRS make that put them $1.8B to $10B in the wrong?
Second the article title is sensationalized and embellished. The article mentions only an exemption from past tax returns —- which have already been thoroughly examined with a fine toothed comb prior to Election Day.
During Presidential election season, this was healthy journalism because it helped make more informed voters, but at this point it’s just unhealthy harassment over a past settled case. If there was something to find, it would’ve already been found by now. Unless there’s something new, leave bro alone so he can do the job America democratically and dutifully elected him to do.
I get more upvotes on my tech content than my financial content. It’s probably because I have a degree in I.T. and I do not have a degree or certification in Finance(yet). Do not count anything I say regarding finance as financial advice. I am in my late 20s but have about 15 years of experience with stocks. Mostly from winning virtual stock trading competitions and because I find that crap interesting.
I cannot be held liable for any capital losses you may incur.