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Joined 3 years ago
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Cake day: July 2nd, 2023

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  • I’ve said this before, but I’m not sure you can bail this out. TARP worked because the government could buy the toxic assets and the institutions that owned them previously would go back to being functional businesses. OpenAI and their ilk are money furnaces (I mean really, a literal money furnace would lose substantially less money). Bailing them out (to the tune of hundreds of billions) might buy time, but wouldn’t fix the fundamental issue that they’re… uhh money furnaces. You’d have to subsidize the businesses continuously, indefinitely into the future.


  • The big problem with this is that the promise was secretly “forign policy is uniparty. Whether it’s an” R" or a “D” our forign policy will be relatively consistent" and Trump broke that promise. Now every nation has to prepare for the eventuality that different presidents might have different policy toward their allies (and adversaries. No president before Trump would have canceled drills with South Korea on North Korea’s behalf). That will take decades of consistency to repair, and as a fellow American, I’m not certain they will get that consistency going forward with the state of politics in the US.



  • The way I see it, either Trump is, and this guy and all his buddies in congress believe Trump is, and rationally should be way more serious about getting people prepared for potentially having to engaged in resistance to that, possibly to include armed resistance (Trump attempted a self-coup already, that would be a reasonable reaction).

    Or… Trump isn’t, or isn’t doing a good enough job for it to be a legitimate threat, and consequently Raskin et al are cynically blowing things out of proportion to benefit themselves in the election, while not actually taking seriously the call to action they are implying is necessary.

    In the first case, they are underreacting to an event that has the potential to end the American experiment in democracy; in the latter they delegitimizing their own position by failing to accurately explain why and how Trump’s plans are not threatening enough to rise to the level of serious resistance. In either case I do not think Democrats have properly handled the situation.



  • This is my immediate thought too. I have been under the impression that, after having their infrastructure partially nationalized during the Bolivarian revolution Chevron and the like viewed Venezuelan oil as too risky to invest the absolute shitloads of money they would need to to expand their production beyond where it already is. Maybe Chevron is uniquely positioned for this because of the extent of their preexisting infrastructure, but I’m curious to see if they just slow walk the deal until Trumps out, or something?

    I certainly think the possibility of Venezuelans throwing a wrench in the plans after anger with the theft of their sovereignty boils over is greater than zero, but, like, who knows what’s being said beyond public knowledge. Maybe the bad taste left by Maduro is enough where thats just not a risk? Maybe there’s some other assurances we aren’t privvy to? Maybe Chevron is just greedy enough to try regardless?