Litmus2336's recent activity

  1. Comment on For how long have you held your current political beliefs/positions/opinions, what opinions did you use to have before and why did you previously hold said opinions? in ~talk

    Litmus2336
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    I want pretty lefty in early high school, after reading a lot of left wing stuff. I then quickly grew disillusioned with socialism in late high school/early college. Now I'm a milquetoast US Democrat.

    I want pretty lefty in early high school, after reading a lot of left wing stuff. I then quickly grew disillusioned with socialism in late high school/early college. Now I'm a milquetoast US Democrat.

    2 votes
  2. Comment on Must-haves for new Mac users in ~tech

    Litmus2336
    Link
    I use magnet and SteerMouse - both of which are somewhat niche but I find them invaluable

    I use magnet and SteerMouse - both of which are somewhat niche but I find them invaluable

    1 vote
  3. Comment on Kanye West declares he will run for US president in 2020 in ~news

    Litmus2336
    Link Parent
    I'd imagine young people who don't give a fuck or think it's a joke. Potentially the Never Trump Never Biden crowd who would otherwise write in or maybe vote Biden and just not tell anyone.

    I'd imagine young people who don't give a fuck or think it's a joke. Potentially the Never Trump Never Biden crowd who would otherwise write in or maybe vote Biden and just not tell anyone.

    2 votes
  4. Comment on The US Federal Reserve starts buying corporate bonds in ~finance

    Litmus2336
    Link Parent
    My main issue is with the ways the bailouts are being handled, not with the magnitude. I'm mostly just worried of intensified cronyism and reduced FED independence that might arise from these...

    My main issue is with the ways the bailouts are being handled, not with the magnitude. I'm mostly just worried of intensified cronyism and reduced FED independence that might arise from these arrangements.

    5 votes
  5. Comment on The US Federal Reserve starts buying corporate bonds in ~finance

    Litmus2336
    Link Parent
    In my opinion, investing in individual bonds is a form of picking winners and losers and propping up industry they the Fed should not take part in. I don't have much problem with Quantitative...

    In my opinion, investing in individual bonds is a form of picking winners and losers and propping up industry they the Fed should not take part in.

    I don't have much problem with Quantitative easing, or certain ETF buying, as generally that does not explicitly help any particular company. I just both worry that A) this is further entrenching the special relationship between large corporations and the government and B) we will enter a phase where the economy is majorly and artificially propped up by the central bank.

    I never thought I'd get to this point, because I generally am very pro FED

    5 votes
  6. Comment on The US Federal Reserve starts buying corporate bonds in ~finance

    Litmus2336
    Link Parent
    Under this program, the companies aren't choosing the be invested in by the fed, the fed is choosing them. In this case the stigma the fed is trying to stave off is the stigma that a private...

    Under this program, the companies aren't choosing the be invested in by the fed, the fed is choosing them. In this case the stigma the fed is trying to stave off is the stigma that a private entity might be weak because it's bonds are being paid with federal funds. But the fed doesn't care about public shaming, it's about investor confidence (as Kathryn Judge mentions in the article).

    All in all I don't think the Fed should be investing in corporate bonds at all.

    2 votes
  7. Comment on Rivers of Nihil - Subtle Change in ~music

    Litmus2336
    Link Parent
    I saw them live, they were all very cool and definitely rocked it. The live sax was stellar.

    I saw them live, they were all very cool and definitely rocked it. The live sax was stellar.

    3 votes
  8. Comment on The educational standardization trap in ~life

    Litmus2336
    Link Parent
    Agreed. I think a good point could have been made but in this case it really does not shine well on the author. You can't teach a kid excel and expect them to have learned the mathematical...

    Agreed. I think a good point could have been made but in this case it really does not shine well on the author. You can't teach a kid excel and expect them to have learned the mathematical reasoning skills gained from an algebra class. Relational algebra (database management) is useful but completely different in type than regular algebra. Plus, I fear they'd just teach the tool anyway.

    6 votes
  9. Comment on Daily thread for news/updates/discussion of George Floyd protests - June 7 in ~news

    Litmus2336
    Link Parent
    He is an accomplished general, very much a neocon foreign policy wise, but airs on the liberal side for many issues. He most famously was secretary of state under Bush (as you likely know), and...

    He is an accomplished general, very much a neocon foreign policy wise, but airs on the liberal side for many issues. He most famously was secretary of state under Bush (as you likely know), and was heavily criticized for reporting there were WMDs in Iraq.

    Ultimately, in my view, he was a fall guy, as everyone in the bush administration went hard in the "Saddam had WMDs" belief. From Powell's history in Vietnam, and his general reluctance to get into conflict without "good reason", I generally don't believe Powell would have knowingly lied to allow an invasion. I'm much less sure about some other senior members of the Bush administration.

    He also is considered to have developed the Powell doctrine, a rather notable development in US foreign policy under the Bush Era. Unfortunately, I don't think Powell himself properly applied the criteria to his own decisions.
    https://en.m.wikipedia.org/wiki/Powell_Doctrine

    As you might be able to tell, I generally have a good opinion of him. I think he really tried to do the right thing, but was disgraced due to failures across the administration he was a part of. He definitely is culpable in those failures, but I think he got more blame than deserved.

    8 votes
  10. Comment on Daily thread for news/updates/discussion of George Floyd protests - June 7 in ~news

    Litmus2336
    Link Parent
    Jury nullification still isn't truly a right given to the jury. It's not a power granted to them, it's only de facto. https://www.law.cornell.edu/wex/jury_nullification

    Jury nullification still isn't truly a right given to the jury. It's not a power granted to them, it's only de facto.
    https://www.law.cornell.edu/wex/jury_nullification

    4 votes
  11. Comment on What are you confused by? in ~talk

    Litmus2336
    Link Parent
    A lot of people attach lots of extra meaning to those words, based on how capitalist or socialist societies look (or how people think they should look). Most simply I would say is that capitalists...

    A lot of people attach lots of extra meaning to those words, based on how capitalist or socialist societies look (or how people think they should look).

    Most simply I would say is that capitalists support private ownership of capital, whereas socialists support public ownership.

    Note1: Capital is all things which can create wealth. Trains, mines, pizza making robots, etc

    Note2: How socialists define "public ownership" varies. Some want factories owned by the workers who work them. Some want small decentralized communities with resource sharing. Others want a strong state owning all and sharing amongst the masses, etc

    Note3: Not all capitalists want strict private ownership. They may want the state to be able to act as a private actor, owning capital and competing with private interests. Or they may believe in private ownership for most things, but public ownership of certain industries, etc

    5 votes
  12. Comment on Daily thread for news/updates/discussion of George Floyd protests - June 1 in ~news

    Litmus2336
    Link Parent
    It got upgraded to second degree today, which is interesting. I think it's a more fitting charge but I'm worried it won't stick.

    It got upgraded to second degree today, which is interesting. I think it's a more fitting charge but I'm worried it won't stick.

    3 votes
  13. Comment on Used-car prices bounce back after giving US industry a scare in ~finance

    Litmus2336
    Link Parent
    An equilibrium will be reached, but it's an equilibrium in which the quantity demanded is lowered, and the quantity supplied (and therefore workers employed) will be reduced. But that's just the...

    An equilibrium will be reached, but it's an equilibrium in which the quantity demanded is lowered, and the quantity supplied (and therefore workers employed) will be reduced.

    But that's just the classical economics take.

  14. Comment on Used-car prices bounce back after giving US industry a scare in ~finance

    Litmus2336
    Link Parent
    That's fair. People, for whatever reason, really like the idea of choice. It's why we have 60 flavors of 20 different brands of deodorant (that come from 3 conglomerates)

    That's fair. People, for whatever reason, really like the idea of choice. It's why we have 60 flavors of 20 different brands of deodorant (that come from 3 conglomerates)

  15. Comment on Used-car prices bounce back after giving US industry a scare in ~finance

    Litmus2336
    Link Parent
    I'm not sure why this is such a concern. There aren't 8000 variants of cars - and market segmentation doesn't majorly increase the number of workers needed. Auto productive is very streamlined,...

    I'm not sure why this is such a concern. There aren't 8000 variants of cars - and market segmentation doesn't majorly increase the number of workers needed. Auto productive is very streamlined, the CR-V is built on a civic platform, the HR-V is a fit platform. The odyssey, pilot and ridgeline are all on one platform.

    I agree we need to shift away from cars (that's why I don't own one) but I disagree with the premise that market segmentation is a notable drain on resources.

  16. Comment on Used-car prices bounce back after giving US industry a scare in ~finance

    Litmus2336
    Link Parent
    It's a net loss from the supply side - less new purchases, leading to unemployment. Whether you think that's a real problem is up to you.

    It's a net loss from the supply side - less new purchases, leading to unemployment. Whether you think that's a real problem is up to you.

  17. Comment on Daily thread for news/updates/discussion of George Floyd protests - June 1 in ~news

    Litmus2336
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    I still don't think this can be proved beyond a reasonable doubt. Especially with a 12 person jury. Like, I get it, I'd personally say it's second degree. But I doubt it'd stick.

    I still don't think this can be proved beyond a reasonable doubt. Especially with a 12 person jury. Like, I get it, I'd personally say it's second degree. But I doubt it'd stick.

    4 votes
  18. Comment on Daily thread for news/updates/discussion of George Floyd protests - June 1 in ~news

    Litmus2336
    Link Parent
    Yeah, but that doesn't make it second degree.

    Yeah, but that doesn't make it second degree.

    4 votes
  19. Comment on Daily thread for news/updates/discussion of George Floyd protests - June 1 in ~news

    Litmus2336
    Link Parent
    Second degree is rather hard to prove. You'd have to argue that at some point he decided consciously "I'm going to kill this man". A simple "I'm an idiot" or "I didn't think I'd kill him" plea...

    Second degree is rather hard to prove. You'd have to argue that at some point he decided consciously "I'm going to kill this man". A simple "I'm an idiot" or "I didn't think I'd kill him" plea would Bea legitimate defense. To get a jury to unanimously agree is very, very difficult. Negligence leading to murder, is 3rd degree, is a walk in the park.

    Ultimately I think this shows the need for more officer training, to ensure officers are aware about the lethality of their actions so they can't plead ignorance. But given the state of police training I think that defence would, unfortunately, fly.

    4 votes
  20. Comment on Intel buys Rivet Networks, the maker of Killer Wi-Fi in ~tech

    Litmus2336
    Link Parent
    Honestly I have no idea. They're branded separately. I don't know how closely they worked together, it seems like it might be more of a recent thing.

    Honestly I have no idea. They're branded separately. I don't know how closely they worked together, it seems like it might be more of a recent thing.

    1 vote