“Rich Corinthian leather”
Just a guy, doin’ stuff.
“Rich Corinthian leather”
So, if his divestment of such a large amount shares in either company would have a negative impact on stock price, wouldn’t the other share holders have a say in the matter? They typically frown upon someone acting in a manner that will devalue their share prices. I’m honestly asking bc I don’t know the ins and outs, but I would assume that if Elon were to just try and sell shares to pay off his problem the pitch forks are going to come out from other share holders.
Also, wouldn’t the banks potentially be in a conflict of interest? Presumably those institutions who gave him the loans have invested clients money into those stocks potentially? Again, just asking the question, bc this seems like a major boondoggle that could really fuck over a lot of people in a variety of ways.
Yeah, I feel horrible for those kids. His wife also at least seems to have at least realized what a mistake they had made. Her husband though, has done nothing but double down on staying in Russia.
There was a homophobic family from here in Sasktachewan (the Feenstra’s), who sold their family farm and dragged their 8 kids to Russia to escape the “far leftist” and “lgbtq ideology” here in Canada. Guess it didn’t work out too well for them since they had their bank accounts frozen (possibly assets seized) and then proceeded to speak ill of Russia (including they don’t speak English there) only to have to publicly apologize and eat their words.
Elon’s statements are the verbal equivalent of getting drunk and vomitting on a wall. Stuff comes up that you never expected to see, it creates a huge mess, and whatever sticks, sticks.
That’s overly simplified. Provinces don’t all recieve the same amount of Federal funding for healthcare. Alberta recieved about 6 billion in Federal funding for healthcare, while PEI recieved about 223 million in 2023. Alberta can afford to pay Healthcare professionals more and have been poaching those professionals from Atlantic Canada creating crises in places like Nova Scotia where the population has greatly increased through the pandemic. So, yes of course if you pay those professionals more you’ll solve problems in some places and cause more problems elsewhere.
Now, provinces can up their own taxes to make up for short falls, but guess how popular that will make the ruling parties that chose that.
The solution needs to be a lot more nuanced than just pay them more.
Edit: clarification
Or, and hear me out, the Russians developed a breed of super predator windows that seek out people (who just so happen to have annoyed the overlords), sneak up on them, gobble them up and shit them out the other side of the wall… just a theory.
It’s called the “Paradox of Tolerance” if we are tolerant of all including the intolerant than intolerance will eventually win out and eliminate tolerance, therefore society should not tolerate the intolerant.
Sorry, just got dig down through the plurality of negatives you just laid down there.
I mean the Tin-Man didn’t have a heart and he wasn’t a total ass. The literature is inconsistent in that area. We have to work with the metaphors we have at our disposal.
“For those who don’t know, New Year’s in Russia is like Christmas in the west.”
So you’re saying Putin is the Grinch who stole New Years? That checks.
When tech companies say they want to “democratize” they typically mean they are making a service more widely available to the consumer. The democracy bit is that the consumer “votes” with their wallet. A notable early adopter was Amazon, and I would hardly think that the public, today, see that organization as a paragon of virtue. So, in this sense of the word we’re somewhat failing ourselves here.
In the context you present, the companies themselves become little democracies internally. This sounds nice but would ultimately lead to chaos and ruin for those companies. I think this would lead to highly unstable, unprofitable businesses that no investor would ever give money to, or at least not expect any returns from.
Furthermore, I don’t necessarily think it would benefit the consumer in the end. Maybe the employees mostly vote to have a good solid ethical company, or maybe they vote in their own best interests to bring home higher wages and/or just keep their jobs safe. One could argue we just witnessed one such example of this with the recent OpenAI debacle with Sam Altman. Board fired him for potentially going against the stated charter of the company (one that has an ethical basis of essentially putting the security and well being of humanity above all else), at the risk of destroying an $87billion company, yet the employees staged a mutiny forcing the board to reinstate him.
But I digress. At the end of the day I think the most we can ever really expect from companies is that they will, inevitably, find new and creative ways to extract ever increasing amounts of money from us, until such time that we simply cease giving it to them.
Edit: spelling.
First rule of metal spikey end club.
I’ll assume that by normal, we’re referring to him not being wealthy. In that regard, I’d disagree. I think he’s a real narcissist, and even if he didn’t have all his wealth he’d still have similar issues, just on a much smaller scale. He wouldn’t have the large audience he currently enjoys, nor all the attention he gets without his money.
In other words, without his money we would just view him as another kook espousing whatever idea he happens to find interesting that day.
Well, he’s well on his way to burning it down, so he’ll get at least half way there.
I heard David Samson (former president of the Miami Marlins) suggest that he wants the advertisers to all bail so that he can entice his sycophants to boycott the companies who pulled their ad revenue.
He suggested that if you have the type of f-you money to waste that Musk does, then it’s simply an ego move. He’s not going to succeed with XTwitter so he might as well let it burn, and scorch as many people as he can in the hopes of getting petty revenge on those who crossed him.
Oh same note too! If you dare start doing something before you’ve gotten those bags ok’d, or if you plunk down a bag before it prompts you to do so it’s like you’re committing a felony.
I would’ve but I had just spent an hour getting a cart full of groceries and I wasn’t about to go do that again somewhere else. Plus I couldn’t imagine, at the time, they’d be gone that long.
Even worse, here in Canada at the Sobeys owned stores, you can opt to use your own reusable bag (plastic grocery bags are now outlawed) but if you do they prompt an employee to come check your bags. They never actually check, but if there isn’t an attendant around you just have to wait there until they notice and end the prompt. I waited for 10 minutes the other day because the employee went off for a break or something.
Edit: spelling
Ricardo Montalban approves.