• 0 Posts
  • 24 Comments
Joined 2 years ago
cake
Cake day: June 9th, 2023

help-circle
  • I feel like using percentages would be more meaningful. The Dow Jones peaked at 381 just before crashing in 1929. So using absolute numbers can’t be compared because the entire DJ wasn’t worth the drops we are seeing today.

    I in 1929 it lost~10-12% on its worst days

    So far Trump is losing ~5% approx each day

    It’s not exactly a stellar endorsement. I’m only saying that you are comparing things at today’s dollar value, when the value of currency changes over time.

    This Wikipedia page shows that the worst days by percentage are not where we are yet.

    However… Rank, President (AFFILIATION), date, DJ, Point loss, %loss

    1 Reagan ®, 1987-10-19, 1738.74, −508.00, −22.61%

    2 Trump ®, 2020-03-16, 20188.52, −2997.10, −12.93%

    3 Hoover ®, 1929-10-28, 260.64, −38.33, −12.82%

    4 Hoover ®, 1929-10-29, 230.07, −30.57, −11.73%

    5 Trump ®, 2020-03-12, 21200.62, −2352.60, −9.99%

    6 Hoover ®, 1929-11-06, 232.13, −25.55, −9.92%

    7 McKinley ®, 1899-12-18, 58.27, −5.57, −8.72%

    8 Hoover ®, 1932-08-12, 63.11, −5.79, −8.40%

    9 T. Roosevelt ®, 1907-03-14, 76.23, −6.89, −8.29%

    10 Reagan ®, 1987-10-26, 1793.93, −156.83 , −8.04 %

    All republicans. I note that the biggest daily gains were also republicans but most of them are related to the big drops e.g a day, week or month later, so they basically tank the index then the index recovers some time later.



  • You know how sometimes your get so frustrated at someone you struggle to eloquently articulate your dislike of them because there are so many facets to that dislike. This is how Elon makes me feel these days. I struggle to put it in the simplest terms.

    It really bothers me that he thinks he deserves pity while denying it to others. It bothers me that his attitude towards money comes from never having had to worry about it. It bothers me that he thinks that he can take actions that threaten people’s livelihoods and even their lives and expects to be loved for it. It bothers me that the only way he can rationalise why people hate him is that they have brainwashed or paid by the left rather than having legitimate grievances with him. It bothers me that he thinks if you aren’t a billionaire it’s because your are lazy/don’t deserve to be and that their hard work is not equal to his. Lastly it bothers me that I don’t know if he genuinely holds these positions or if he just uses them as justification to do horrible things.




  • I’m neither American nor Canadian , but I just wanted to offer up that the worry I think comes with age. When I was 9 the Berlin wall came down. Before that, there was a constant spectre of nuclear war hanging over the world thanks to the cold war. Our parents lived through those times presumably worrying while I as a child was blissfully unaware of what the cold war really meant. When I was 11 the gulf war started. Again I knew about it, but I didn’t really understand what terrorism was or what was happening in Iraq. Then in 2003 gulf War 2. I was a little more tuned in to politics by now, so I was a little more concerned about it but it was still something happening far away. By the time Russians invaded Ukraine in 2022 I had a daughter. This time although it was a far away war, I was glued to updates, scared for the future of my daughter (and myself). I wonder if back when the cold war was going on if our parents were similarly worrying and freaking out when we weren’t looking.

    I dont want to downplay the threat, but people have had the exact same thoughts and feelings we are having before and on those occasions it worked out, ok. Not for everyone of course but for the western world. That gives me faith that even though there are bad people doing bad things, humanity on the whole is good. Maybe there are peaks and troughs along the way, and maybe we are going through a trough right now, but I am hopeful that a self correction is coming that will start us climbing back up to a peak.


  • I mean, she has a hugely important job. Leaking details of an attack plan is as bad as it gets but if she can’t remember details like this a mere two weeks later, she isn’t for for the job either.

    How can she make operational decisions if her memory only goes back less than two weeks???

    In the normal world everyone on that chat would be fired but we are in Trump world now so everyone just shrugs.

    Nixon would never have stepped down if watergate happened in today’s world.









  • I am ashamed that I used to be a somewhat vocal advocate of Musk and Tesla.

    I remember saying how great it was that Tesla released a bunch of patents to further humanity. I remember telling people I thought his nervous rambling presentation style showed he was a down to earth guy forced into the limelight who just wanted to bring his progressive vision to the world. I remember praising the aesthetics of the model s and really wanting one. I remember cheering on Tesla as the underdog taking on the established automotive giants through direct sales and installing their own charging networks etc. I remember retelling the story of a model-s breaking the safety test equipment with glee and wanting what I thought was the safest car on the road which just happened to be the cheapest to run, the most environmentally friendly and with “ludicrous” performance. I remember reading about full self driving and the car parking itself so you can drive to the door of whatever shop or restaurant you were going to and leave the car to figure out the rest.

    Then the paedo guy thing happened. This is the moment I can point back to where I first reminded myself to think critically about something I was a fan of. I still excused it, "ok maybe Musk might be a bit of a dick, but at least he has a noble mission at heart " Then the floods gates opened. Autopilot deaths. Union busting. Full self driving that is perpetually less than a year away. The cyber truck that reminds me of that Simpsons episode when Homer designs a “car”. Nazi salutes…

    How could I get it so wrong?

    I am thankful that Elon Musk has reminded me that I like anyone else believe what I want to believe and fall for marketing more easily than I thought I would.

    BUT I am ashamed that I am so stupid. Even more I’m ashamed that through my falling for it, I may have helped others fall for it.

    We all live in our own little comfort zone. It takes effort to challenge your opinions. Truly challenge them. I fail at it more than I succeed apparently, but at least knowing that might help me be a little less gullible next time.

    TL;DR Musk is a wanker.

    Edit: some typos