• saltesc@lemmy.world
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    21 days ago

    Bill Ackman, a billionaire hedge fund manager who has backed President Donald Trump in the past, on Thursday pledged to use his money to bankroll a challenger to Mamdani in the general election.

    Case in point.

    • MyRobotShitsBolts@lemmy.world
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      21 days ago

      And how did he get those billions? How many peoples necks did he have to step on to climb his way up. It’s not so much what you do with your billions, it’s how you got them that makes you evil. The only exception to this is probably Bezos ex wife, maybe.

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        21 days ago

        “Employees are the rungs on the ladder of success. Don’t hesitate to step on them.” -Rule of acquisition #211

      • NoForwardslashS@sopuli.xyz
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        21 days ago

        She was working for a hedge fund when she met him and they were married for 26 years. She may have given away $19 billion of her fortune, but her net worth is still $36 billion, the same as the original divorce settlement.

    • mienshao@lemmy.world
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      21 days ago

      This might induce me to donate to Mamdani’s campaign. I live in fucking Illinois btw.

    • Grandwolf319@sh.itjust.works
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      20 days ago

      Honestly, even if you think billionaires should exist, it’s still the most logical action for Mamdani to oppose them as billionaires will do everything to stop him.

  • Prox@lemmy.world
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    21 days ago

    Wholly agreed. There are no ethical billionaires. Fight me.

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    21 days ago

    Imagine life was a game. You lived for 2025 years. You worked 260 days / year. You made the median US salary.

    You would need to relive that process 3,145 times to match an Oligarch.

    That amount of wealth is unethical while humanity suffers. No one can really fathom “1b dollars.”

    • Etterra@discuss.online
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      21 days ago

      “Centrist” is just a masquerade for Republicrats to pretend to still be on the left.

      • Voldemort@lemmy.world
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        20 days ago

        I’m pro LGBTQ, anti-israel, against consumerism/capitalism, pro socialism. Pro government control on key infrastructure (water, gas, electricity) and better housing and support services. Pro climate policies, pro taxing the rich.

        But I’m also against fossil fuel bans, against bans on firearms, pro military for defence, pro free-speech, pro strict immigration, against ‘PC’ culture, against trans-women in women’s sports, pro merit success.

        Am I left or right? …Or centrist?

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            In women’s sport, I just don’t think it’s fair to women to compete against trans-women* who are stronger than them. I only beleive that out of fairness, but I think people have every right to do what they want with their bodies and be accepted for who they are.

            Where another person’s rights begin, another’s ends type of thing.

            ** EDIT: Clarifycation of ‘trans-women’ at the astrick, was just ‘women’ before

            • Genius@lemmy.zip
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              20 days ago

              You’re right, it’s completely unfair for women to compete against women who are stronger than them. For the weightlifting they should test every woman’s strength, and only the weakest woman competes. That’s fair.

              and,

              We definitely shouldn’t let trans women compete in women’s chess, because of the biological advantage/s

              • Voldemort@lemmy.world
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                20 days ago

                That is not what I am saying. You’re trying to make an enemy out of me when I am not, it’s almost a strawmans argument you just made.

                https://womeninsport.org/transgender-inclusion-womens-sport/

                After 12 months: In studies which recorded the retained muscle mass/strength, there was an average of 25% residual advantage for transgender women at 12 months treatment compared with reference a group of females. After 12 months of testosterone suppression, transgender women remained 48% stronger, with 35% larger quadriceps mass compared with the control population of females. After more than two years of follow-up on testosterone suppression recent research citing retrospective data from military personnel in the US has shown that transgender women retain an advantage in running speed, at a residual of some 12% faster than the known normative values for females.

                What is your opinion on this, truely? This organisation literally supports trans-women being in sport but has to admit that they are uniquely stronger and faster than born-women. It’s an unfortunate reality but I personally believe that we can support transgender women without disenfranchising born-women. I’m just being pragmatic about it.

                And for clarifycation, I don’t think there should be classes in chess.

                • Fedizen@lemmy.world
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                  20 days ago

                  There are a number of other genes linked to athletic outcomes that are way more influential than “12% above average”. Steroid usage is rampant in top teir sports for instance and people with like genetic kidney conditions that overproduce some hormones have a far greater advantage.

                  The people doing the sports should be making the rules about sports, not a bunch of armchair theorists with calipers. Most the guys who have A LOT OF OPINIONS on how to gatekeep womens sports don’t actually watch any women’s sports.

                • Genius@lemmy.zip
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                  20 days ago

                  That is not what I am saying.

                  No, it is what you said. It’s just not what you mean. It’s not my fault the two are separate. It’s your responsibility to speak clearly if you don’t want the silly things you say to be mocked.

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          20 days ago

          I’m pro LGBTQ

          against trans-women in women’s sports

          No, you’re not pro lgbtq. You’re a TERF at best

          against consumerism/capitalism, pro socialism. Pro government control on key infrastructure (water, gas, electricity) and better housing and support services. (…) pro taxing the rich

          pro merit success

          ??? Do you understand what any of those words mean? “Pro merit success” directly contradicts each of the social policies you claim to support.

          Pro climate policies

          I’m also against fossil fuel bans

          You’re either lying about one of these or you somehow think we can stop climate change without stopping the most significant cause of climate change?

          Does the complete lack of internal consistency in your worldview not bother you at all? You have no defined political leaning, you have a bunch of emotionally driven contradictory political opinions that you clearly have little to no understanding of.

          Given that description, I’d guess you probably call yourself a centrist and vote conservative.

          • calcopiritus@lemmy.world
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            20 days ago

            Or some people just have nuanced opinions and see that topics can be multiple shades of grey instead of either white or black.

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                20 days ago

                There is no contradiction.

                Not wanting trans-women in sports doesn’t make you not support LGBT. T is only one letter of 4+. And trans-women is only half of T. And athlete trans women is a small subset of that. And athlete trans women that want to play in women’s leagues are a subset of that.

                You can reward people based on accomplishments and also tax the rich. You can also have social programs while still rewarding them.

                You can improve the environment without a complete ban of fossil fuels.

                • zbyte64@awful.systems
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                  20 days ago

                  T is only one letter of 4+. And trans-women is only half of T. And athlete trans women is a small subset of that. And athlete trans women that want to play in women’s leagues are a subset of that.

                  Wow that’s revealing more than you probably wanted.

          • Voldemort@lemmy.world
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            20 days ago

            Dead wrong, I’ve always voted left. And yes, I do consider myself a centrist, that’s exactly why I commented because I think the ‘you’re either with us or against us’ mentality is doing more damage than it helps.

            I’m only against trans-women competing against women because they would have a competitive advantage. I’m even for athletes using hormones, stereroids and drugs in sport (in seperate divisions perhaps) and then the rules on who is in who’s class can really be thought out properly, but currently most trans-women have a clear advantage based on current sport (and biological) evidence. I don’t think it’s fair competition is all. I know some pretty cool trans people and one of them even admits to similar feelings of it being unfair.

            I’m pro social policies because I think everyone deserves a roof over their head, food, water and basic amenities. But I’m also pro merit purely to reward people to achieve more and be better. Some people will never be as capable as others are but that doesn’t mean they shouldn’t have a basic living standard. Something like UBI would be a perfect solution to my understanding. I’m not American but when Bernie Sanders was a candidate I was rooting for him.

            Pro climate because we need to fix it and fast, we do way to much damage to the environment. Against outright bans on fossil fuels because we simply are not there yet. My country is unfortunately nowhere near renewable and our outback has hardly any electricity, we need fuels to do anything out there. Trucks, trains and ships sometimes can’t work without it. Not to mention that lithium although amazing is causing more greenhouse gases mining and refining it than what electric cars are offsetting. Electric cars literally aren’t doing anything because the batteries die before they make up for their production. Carbon batteries are coming but mass production is difficult to scale. Cargo ships emit around a quater of all green house gasses and I personally think thats where we could really cut down on it by either fitting cargo ships with nuclear reactors which some military vessels have or just reducing consumerism. Currently most CO2 emissions is from electricity of which in most countries (such as mine) residential makes up only about 10%. The onous is not so much on the individual person but on companies and business, we need more incentives/punishments for corporations to be more considerate.

            Almost no issue is black or white. I do have defined political beliefs, I think most people oversimplify or don’t research topics before forming an opinion. And there there are people like the one I originally commented to who have turned politics and world issues into binary division, where instead of educating they attack and insult.

            What is emotionally driven here?

            And what do I have little understanding of?

            • r3g3n3x@lemmy.world
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              20 days ago

              You’re in the wrong place to present nuanced opinion in long form. I love the independence of Lemmy from the large corporations (likely astroturfing aside), but this place swings the Overton window back to the left so hard it breaks without any acceptance of different nuanced ideas. It’s as though the life you’ve lived and the subtleties that governed it are irrelevant.

              Of course this develops the mindset that trying to engage is mostly pointless, which I’ve adopted, because ultimately these are all just words on a screen with no real connection to the person behind them either way. You can’t sway them and they don’t respect your attention to minutiae.

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                20 days ago

                Yeah I’m really starting to notice this exactly. It’s sad to think that you either disengage or get unwarranted abuse hurlded towards you from every direction.

                Maybe just getting off the internet entirely is the better option.

                I liked your reference of the Overton window though haha

            • Gustephan@lemmy.world
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              20 days ago

              Gonna be honest, I’m not reading that slop. You open by telling me that I’m dead wrong, then immediately confirming that my guess as to your political leaning was half correct, which sets a very clear tone that you’re here to mudwrestle on the internet rather than engage in a discussion. If you want to try again I’ll talk to you, but I’m not interested in trading novels high on insults and low on reading comprehension with you.

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                20 days ago

                Of all the things in your comment, getting right the “you probably call yourself a centrist” is the least significant part. You’re wrong in all the rest of your comment, which is the actually important part.

                Whether someone calls themselves left, right or center is way less important than the policies they support.

                Because guess what. You can’t fit the entire world in 3 political buckets and expect everyone in each bucket to have the same opinion as everyone else on that bucket.

                As I said in another comment. The world is not black and white. There’s lots of shades of grey.

                And each person has a different combination of shades of grey for each political topic.

              • Voldemort@lemmy.world
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                20 days ago

                I assumed being centrist was already clear.

                Mudwrestle? I’m here to make a point, that not everything is back and white, left or right. But if you don’t want to discuss, fine by me. I didn’t insult you once so your insult is quite hypocritical and immature infact.

                • Saledovil@sh.itjust.works
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                  20 days ago

                  It sort of looks like you’re broadly supportive of progressive causes, but don’t support progressives in the actual “battles” that are being “fought”. The clearest example is you being “Pro climate policies”, but “against fossil fuel bans”. Basically, you want things to get better, but you don’t want things to be done to make them better. You want peace and quiet more than you progress, and you’re willing to cede basically all current issues to regressives in order get it. Of course, if regressives win, they’ll just want something else. And you’ll cede that to them too.

                  In summary: you’re pathetic.

        • Fedizen@lemmy.world
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          Let’s take the obvious “Pro military for defense” first since that’s the most insane thing to think is a contentious political issue.

          There are 30% of people in the US that think aliens are real and have visited their asshole but you will not find 5% of people in america that oppose the military as a concept.

          What you’re doing here is being manipulated by people who want you to think some of these things are Important Issues™

          The trans women in sports is a great example of propaganda. It was cooked up by a conservative think tank. How many people are affected by this “problem”? Maybe 200? And in most cases sports organizations themselves often have rules in place like “how long you’d have to have been on hormone therapy to qualify.” That is already more or less a solved problem for most the people it actually affects. People playing sports didnt come up with the “trans people in sports issue”, a think tank did.

          So what you are …is manipulated by think tanks and propaganda and in a way that causes you to oppose people who otherwise have common interests with you.

          There’s only two real political philosophies and they can be summed up as “fuck you, I got mine” and “we’re all in this together.” I will tell you right now only the “fuck you, I got mine” group has any real interest in dehumanizing people by say, having the government ban trans people from public spaces and public activities like sports.

          • kreskin@lemmy.world
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            20 days ago

            but you will not find 5% of people in america that oppose the military as a concept.

            Thats just your speculation. And do you mean people oppose the US having any military at all? 90% of the countries have a standing army, and the ones that dont are mostly small island countries.

            Why is that the line you draw?

          • Voldemort@lemmy.world
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            20 days ago

            And yet the comments and downvotes shows how contentious it is which I knew it would be when I wrote it.

            I know the trans-women in sport issue is almost non-existent but it’s probably the biggest talking point in the comments it seems.

            Personally I agree with you. I always vote left and am more of a “we’re in in together” mindset.

            Either way, thank you for you insight!

            • cows_are_underrated@feddit.org
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              20 days ago

              I know the trans-women in sport issue is almost non-existent but it’s probably the biggest talking point in the comments it seems.

              Not to surprising, since it is a standpoint that lays the foundation for oppressing and dehumanising one of the most vulnerable groups if society.

              First it was just Trans people in sport, then it is trans people in bathrooms and the next step is eradicating trans peoples existence from public spaces.

              • Voldemort@lemmy.world
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                20 days ago

                Which is very sad and I’m not for that.

                The only point I was making was for fair competition in women’s sport, and broader still that centrist exist with non black and white opinions.

                I believe we are as a society, getting better at accepting people. In my country we’re decently accepting I think, although there is still the intolerant person here and there. Overall I do hope one day everyone is accepting of everyone else.

                Thanks for your thoughts though.

                • 0x0@lemmy.zip
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                  19 days ago

                  centrist exist with non black and white opinions.

                  On the internet?! Impossible!|

                • Ensign_Crab@lemmy.world
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                  20 days ago

                  The only point I was making was for fair competition in women’s sport

                  Which you don’t seem to have researched, or you would have known about the standards already in place to keep competition fair.

            • nickwitha_k (he/him)@lemmy.sdf.org
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              And yet the comments and downvotes shows how contentious it is which I knew it would be when I wrote it.

              Probably extra contentious because it’s trans discrimination on Pride weekend. And there’s the fact that some research (backed by the International Olympic Committee) suggests that trans-women may perform worse than cis-women.

              Even if more research comes out that shows otherwise (entirely possible considering that it’s hard to get a decent sample population of elite trans athletes as there are so few), discrimination is not a solution. The simplest solution would be to get rid of gendered leagues and group athletes by measureable athletic abilities. Probably would make most people with an actual vested interest happy, with exception of those who want to keep paying women less.

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                20 days ago

                Oh wow, I did not know that! For both points. It’s great to see more research, I skimmed a little but I’ll read it right after this comment.

                I like the idea of athletes competing against one another purely to see who is best overall. But I’d be worried that could possibly be more discriminatory. Such as in bouldering there was recently a controversial issue with a short climber not being able to compete in some climbs due to certain starting holds being too far apart. So something like weight classes but that considers a lot more depending on the sport?

                Thanks so much for your reply and your linked study! I’m really happy for comments like yours.

            • Ensign_Crab@lemmy.world
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              I know the trans-women in sport issue is almost non-existent but it’s probably the biggest talking point in the comments it seems.

              Says the person who brought it up.

              • Voldemort@lemmy.world
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                It was simpily an argument for me being centrist and therefore legitimate centrist existing.

                It clearly worked in demonstrating what a centrists opinions are like and no one has so far argued I fall on one side or the other.

                • Ensign_Crab@lemmy.world
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                  20 days ago

                  Sure. just bring up divisive right wing talking points. And then call yourself a centrist.

                  It tracks.

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          That’s basically the Lib-Right/“Libertarianism”

          Edit: Actually I don’t think that’s Libertarian. Its like mix of Libertarian and Auth-Right values

        • 0x0@lemmy.zip
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          19 days ago

          Am I left or right? …Or centrist?

          Judging by the down-votes : not-left.
          On trans athletes: it’s a non-issue.
          On guns: these three videos always spring to mind.

          Can you substantiate the remainder of your last paragraph a bit?

          • Voldemort@lemmy.world
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            18 days ago

            Those are some great linked videos.

            I agree with a lot of points in the video on trans-athletes. I wonder if the meta-study that I’ve been refering to was one of the studies mentioned, and there certainly needs to be more research into the topic to settle the matter for good. I think social and low stake competition should most certainly be non restricted especially for kids, the fact they are restricted in some places is obscene. But I’m still on the fence with professional and Olympic level sports. The part that currently holds me back from changing stance, is how many Olympic sports have either banned or heavily restricted participation. Perhaps they are in the wrong themselves but I suspect they are being cautious until more studies have confirmed one way or the other. Overall, I certainly don’t hold my view in high regard and I’m just waiting for more evidence, but like I said, anything other than professional or Olympic shouldn’t be restricted at all, any strength difference there is negligible.

            With the guns part I agree with everything mentioned. I don’t think a free gun ownership system like what America has, is a smart idea. My country is very restrictive which is why I dislike the idea of completely banning them. Where I am, even the plastic toy guns were made illegal. Only if you live on a farm and need to protect livestock or produce, then you’re allowed to own some. Good thing is, no mass shootings here and only some gun crime. It would be nice if tough but fair licensing was more-so available, but nothing like America.

            I’ll try substantiating the last paragraph without it getting too long. Fossil fuel bans are just not possible at the moment and even when it is, there will likely be some things we will never replace, even backup generators when black outs happen for hospitals. Making it really expensive and hard to acquire should be all that’s needed. Military for defence because I don’t think the world will be truely at peace for a while longer. Free-speech so ideas don’t go suppressed, but that doesn’t mean people have to respect that free-speech. Strict immigration to bring in valuable skills not just people (pronounced problem where I am). ‘PC’ culture ties into free speech but also reducing diversity hires (not requiring names and personal information in hiring to make such decisions truely unbias would be a better solution). Keeping some merit success with a socialist system to reward people to achieve more.

            • 0x0@lemmy.zip
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              18 days ago

              But I’m still on the fence with professional and Olympic level sports.

              At that level you have lots of money involved, which means, among other things, steroids, corruption and lack of sportsmanship (oh gee maybe it’s sportspersonship now…). So, really, not what i would consider sport so i don’t give a damn; they can all “compete” with llamas for all i care.
              On everything else, it’s a sport, you’re doing it for sport, so who cares?
              Of course some cultures are more competitive than others.

              backup generators when black outs happen for hospitals

              Good point.

              Making it really expensive and hard to acquire should be all that’s needed.

              All that ever does is limit access to the rich.

              Free-speech so ideas don’t go suppressed,

              Bare in mind that in english (especially murican english culture), “free-speech” is often used as “i can say whatever i want, including bigoted shit”. I do see a significant increase in the number of easily-offended people in the last decade, must be a generational thing.

              make such decisions truely unbias

              No such thing, there’s always a bias, but trying to minimize it is indeed a good goal imho.

              Keeping some merit success with a socialist system to reward people to achieve more.

              I’d say places where merit is actually and properly valued are few and far between.
              And “socialist” red-scares muricans.

        • toomanypancakes@lemmy.world
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          20 days ago

          You sound like a bog standard social conservative.

          Please name the trans women athletes who have won Olympic medals during the many years they’ve been allowed to compete. They have a clear advantage, right, so it should be easy to find.

          I’ll wait.

          • Voldemort@lemmy.world
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            https://stillmed.olympics.com/media/Documents/Beyond-the-Games/Human-Rights/IOC-Framework-Fairness-Inclusion-Non-discrimination-2021.pdf

            Sports decide themselves, of which world rowing and boxing have blanket bans. Athletics, cycling, swimming, rugby and cricket are bans if the transition was after puberty. Triathlon, tennis and archery requires testosterone testing. And all other sporting bodies are on a case by case basis.

            That’s why we don’t see them because the Olympics themselves have said:

            high-level organised sporting competitions - relies on a level playing field, where no athlete has an unfair and disproportionate advantage over the rest.

            I’m tired of replying to everyone, please put more effort into your argument

            • toomanypancakes@lemmy.world
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              20 days ago

              Please stop gobbling right wing propaganda and make a sensible argument yourself, and then we can have a discussion. “centrist”.

              You won’t though. So don’t waste people’s time.

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                I didn’t, I cited the literal Olympics. I have cited medical studies, and I have defended my position where everyone then returns to insults and statements like this.

                Unless you have evidence that what I said was incorrect, you are infact wrong. One, only ONE person has cited one study that is inconclusive and I congratulated them because at least they showed there is some conflicting research but you haven’t even bothered to try.

                If you are going to throw your opinion around, at least back it up with weight. Cite studies, link articles, or form a proper argument, because if I can refute your claim before I’ve even had my morning coffee than you still have room to make a half decent point.

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                  20 days ago

                  You never bothered to look into it. You decided that since trans people are banned now, they must always have been banned. They were allowed to play for a long time before the ban, in fact, and none of the scare mongering was true. There was no trans domination.

                  You don’t really care though. That you care about the issue at all is evidence you’ve fallen for the conservative campaign against trans people, because it’s an entirely invented issue. You listened to what the conservative pundits said, maybe you even read one of the Heritage Foundation’s studies. But you have no fucking idea what you’re talking about, and I’ve been having this argument with fucking “centrists” like you for over a decade who think we’re a fine scapegoat for your socially acceptable bigotry.

                  You aren’t a centrist. There is no center when one side wants the elimination of the other, and that’s the ultimate end goal here. You think you’re having a dandy little political discussion, but this is just a stepping stone on the campaign to convince the public that trans women are men and therefore trans people are sick, and need to be removed from society. When you run around and parrot their talking points on a subject you know little about its not a fun debate, it’s plain bigotry and its not fucking welcome.

        • fodor@lemmy.zip
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          You’re a liar, that’s what you are. Can’t even properly set up the troll.

          • Voldemort@lemmy.world
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            Huh!? This isn’t a troll, I’m an example of a centrist. The term ‘centrist’ exists for a reason, and plenty of people such as myself think this way although I will admit, I have met very few unfortunately.

            What makes me seem like a liar?

            • Ensign_Crab@lemmy.world
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              The term ‘centrist’ exists for a reason

              Yeah, it gives conservatives something to call themselves on dating sites.

              • toomanypancakes@lemmy.world
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                “I only voted for trump for some of his policies, I’m actually in the center and not a conservative so please fuck me please please please please please”

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    Mamdani added in his response: “I have already had to start to get used to, get used to the fact that the president will talk about how I look, how I sound, where I’m from, who I am, ultimately, because he wants to distract from what I’m fighting for, and I’m fighting for the very working people that he ran a campaign to empower, that he has since then betrayed.”

    Goddamn, this reads like a response that came from a real socialist playbook. Don’t take the bait on the culture war bullshit, say it’s distraction from helping workers. Wow.

  • Suavevillain@lemmy.world
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    This needs to become the mainstream opinion. Billionaires and ultra wealthy shouldn’t exist. There is no trickling down or any of that stolen wealth coming back into the hands of average people.

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      Imagine if billionaires paid their fair share of taxes. Municipalities would fight to get them to live in their area

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      They will just live in other countries if being a billionaire is illegal.

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        It doesn’t matter where they live. If the US exerts pressure on whatever country the money is in they can and would get that money back. They’re somehow able to freeze the accounts of Russian oligarchs so they’s no reason to believe they couldn’t do it with Bezo as well.

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        That’s the neat thing, they won’t. It’s pretty easy to apply a high tax on moving away. In fact the USA of all places do just that.

        Also, what do rich people possess? Assets. Physical assets. A big part of that is real estate, owned privately or by companies they own. There’s no taking that with you. They can sell their assets and try to take the money with them, but that means the society they leave gets it’s assets back.

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        That’s fine, billionaires do not add to an economy, they drain it. So if they leave it will remove a useless burden on the economy and whatever country is dumb enough to take them in can deal with them instead. Meanwhile, if they are pulling money from our country we can find ways to tax it and prevent them from draining our resources (and yes, money is a resource like any other).

      • EldenLord@lemmy.world
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        Lol, no. This is a strawman argument. Billionaires will absolutely not give up their precious connections and real estate to live on a private island or move away. Even if 50% would do that (lmao never) the tax would still be a huge benefit. Even without the money, not having these greedsacks meddling with local politics and laws would be a dream.

      • in4apenny@lemmy.dbzer0.com
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        Hopefully the corrupt ones go to China or Vietnam because they’re not afraid to give corrupt billionaires the death penalty.

    • Captain Howdy@lemmy.zip
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      Can’t they just get around a tax like that by borrowing cash (for their lifestyle) and using their assets as collateral?

      • chiliedogg@lemmy.world
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        Wealth includes assets. If you can borrow against it, it can be taxed.

        In fact, taxing the assets makes borrowing against them even more expensive.

      • NotMyOldRedditName@lemmy.world
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        I’m actually against a wealth tax, but think one of the only ways that taking their unrealized assets can work is if we do as you suggest.

        If you own stock in something, taxing unrealized gains isn’t good. it’s not like were going to pay them for unrealized losses.

        But we MUST stop them from being able to actualize those unrealized gains without taxing them like when they use their unrealized assets as collateral. It’s like a loophole for the ultra wealthy where they can just borrow against their assets for their entire life without paying taxes on it.

        And really… who cares if this way might be more expensive to do, they’re rich as fuck, and can pay for it as part of that tax. Also assets can be very nebulous and hard to know what they actually have. But when you see that new house, new yacht, donation to a SPAC or whatever, the IRS can come knocking and be like how’d you pay for that.

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      It will lead to more dark money. It’s very hard to accurately measure a persons net worth when their financials aren’t just a house and an IRA like the average person. Especially if they don’t want you to see it. You’ll never be able to implement that tax in a consistent way.

      • in4apenny@lemmy.dbzer0.com
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        Yes, that’s the current situation, thanks for pointing that out. I don’t think people understand how much tax evasion they do, for instance as of 2016 there was £36 TRILLION in offshore tax havens, UK GDP is £25 trillion for comparison. Murder in the first degree can get you prison for life, but letting countless people die from poverty related issues at home while getting rich off of starving and killing kids overseas makes you a billionaire. Why do we accept that?

        • selfdefense420@lemmy.world
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          law is inherently flawed and easily manipulated by clever sociopaths. chaotic good FTW. let there be guillotines and morally sound citizens and nothing more.

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            Laws are written to be manipulated, that’s why European culture uses laws and words as weapons, for European culture loves words to be twisted. This is why the “truth” always changes in the European mind, look no further than their use of “treaties” or “truces” or their fad-politics. Whether it’s far-right capitalism or left-wing socialism, I fail to see the difference when they both rely on “production at all costs” at the expense of our natural world and turning our habitable environments into gravel pits and uranium mines all in the name of “productivity.” The global south, or “third world”, and natural peoples will all be capitalist workerbees or socialist proletarian under the European death-cult of “productivity” as they call it; I call it a culture of suicide with a medieval religious devotion to their faith except now it’s shifted to science, technology, and money - just another example of how the truth always changes. They’re incapable of any real thought, incapable of simply appreciating the magic of nature to admire a lake or mountain or people in being, and most of all they cannot listen unless the world around them is despiritualized into mechanical models and dead symbols written on dead leaves.

            To me I don’t see the shift towards left-wing, even the death of capitalism, to be revolutionary. It may be yet another revolution for the European mind, but to the rest of the world it’s merely a continuation. In order for humanity to live in harmony with nature, European culture must die.

      • CharlesDarwin@lemmy.world
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        Thing is, that ability to evade that is intentionally built in. It has to be. We have KYC laws here and anything over 10K is tracked.

        The fact that the ultrawealthy are able to manipulate money in ways so that it’s not tracked and/or not taxed has to be by design.

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        Huh, curious, I could swear we Germans (and most other countries I’m sure) used to do just that until a glorious neoliberal government came along and abolished the tax.

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        That’s why accountants and auditors exist.

        If you’re suggesting that it shouldn’t be done because its too hard – it’s not. That’s just a dumb excuse.

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    Before the oligarchs say this is “violence”.

    This can be done peacefully. Just enact a law that taxes everything above like 999 million (or a fewer amount, to be debated on), and if you don’t comply, that’s tax evasion and you go to jail. Complelete peaceful (other than the tax-person we’d have to send to arrest the rich for non-complance), comply and everyone is happy.

    Voila, no more billionaires, and that wealth redistributed will let everyone become a millionaire. Everyone is happy, maybe the 1% cries that they now have a few less yachts and mansions, but like, they can still enjoy that one house, same as everyone else would also have.

    • Derpenheim@lemmy.zip
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      You know what? I don’t want it peaceful. They’ve stomped on people there entire lives, forced others to rely on social programs, dig through trash, and work to the bone.

      I want a comeuppance, I want blood, and I want it to be that of every fucking billionaires’ head rolling off the guillotine

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        And you’ll have it. They have enough money to pay an army and you bet they will use that to stop you from taking their wealth. Understand that they have rationalized their immense wealth to the point where they trully believe they deserve it. You can see it sometimes in how they consider themselves hard working geniuses, or decide God somewhat chose them to be ridiculously rich.

        Yes, they will resort to violence (but not themselves, of course). But they won’t need to get their hands too dirty.

        They’ll fund campaigns, they’ll own law enforcements and will wield it against the people, meanwhile they’ll buy propaganda to convince as many people as they can it’s all for the best. That’s easy to predict because they already do exactly that.

        Violent repression of demonstrations, violence and intimidation against activists and journalists. Owning of all the mainstream medias and a large share of the less mainstream ones. All of that is slowly normalized.

      • Cherry@piefed.social
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        Agree. They had a choice. They shunned taxes and played at fake philanthropy. They have now dropped that and started playing like they are god. They are fragile mortals that need a reminder of revolution, I would like to see it done the French way but any way should do.

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        You have to ask yourself: Is fulfilling that desire for retribution worth the lives of the millions of vulnerable people who would be killed due to lack of medical treatment, potable water, food, etc?

        • Derpenheim@lemmy.zip
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          ???

          You mean the ones who are already sick and dying from those exact things, caused by the greed of the aforementioned?

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      But could this really be done? As far as I’ve understood, billionaires typically don’t have a billion liquidized and ready for spending. Rather, their value is distributed in ownership of several companies. How would the 100% taxes on ownership in companies be applied?

      Don’t get me wrong, I would love to see it work, but I feel like it’s a lot more complicated than stated. And if a good way of applying those taxes would be introduced, I’m sure the billionaires would either find new ways to make the money untouchable or personally move to a country with looser tax laws.

      • simsalabim@lemmy.world
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        As far as I’ve understood, billionaires typically don’t have a billion liquidized and ready for spending. Rather, their value is distributed in ownership of several companies. How would the 100% taxes on ownership in companies be applied?

        If you can leverage assets to apply for a loan to buy twitter, then you can levarage assets to pay your taxes.

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        That’s what conservatives always claim. Most of them won’t move and even if they do, good riddance. Simply tax their wealth beforehand.

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          My experience is from Norway where the taxes on the rich is balancing on a line. A lot of rich Norwegians have already moved to Switzerland to avoid annual taxes on their wealth. I would expect to see something similar if USA introduced reasonable taxes, unfortunately.

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      If everyone becomes a millionaire, then being a millionaire is useless. Inflation will be very high, imagine $1000 eggs. I think the wealth should be distributed to provide free food and services instead.

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    Even the billionaires would be better off without billinaires. It their relative ranking was the same they would still have more money than they could spend but it would now come with clean air, water, land, better infrastructure, a healthier world, happier people to interact with.

    • plyth@feddit.org
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      What do the billionaires buy that pollutes nature that much?

      The pollution comes from millions of cars, chemicals for products like clothing and intense agriculture so that everybody can eat some form of meat.

      Billionaires allow us to feel helpless while we could agree with our neighbors to reduce the ecological footprint of society to a minimum.

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        The pollution comes from millions of cars, an industry forced on the people through decades of lobbying and bribery to eliminate the possibility of free public transportation, so that they could become richer. The pollution comes from products for clothing that are made cheaply as possible - at the cost of the environment - and extreme amounts of ad campaigns that purposefully change contemporary fashion ideals in order to keep fast turnaround on product and maximize profit so that they can become richer. Agriculture is corrupted by the rich so that it gets government subsidies in addition to maximizing profits by basing crop choice on profitability instead of sustainability, disregarding native species and planting unfathomably large fields of monocultures, squeezing the farmers themselves and funneling all the money to agri-business execs, i.e. they can become richer. Then they run ad campaigns saying ‘everyone needs to do their part to save the environment!’ which is clearly bullshit when the system itself is made to maximize profit, and not to maximize caring for the earth. Polluting the earth is profitable, and the profits flow ever upward.

      • HubertManne@piefed.social
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        Im not saying that. Its the wealth inequality that stunts society. People don’t have the resources to make decisions based on whats best and have to deal with what they can afford. Lack of infrastructure and regulators results in more pollution.

        • plyth@feddit.org
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          People don’t have the resources to make decisions based on whats best

          People have still more than many others on the world. Illegal immigrants have less, and they have to pay off their traffickers.

          This mindset is a prison. The people have the power, they are just sure that they don’t have it. A beautiful display of mind control.

          • HubertManne@piefed.social
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            I would argue the trap is in the other way. Your reply reminds me a lot of https://www.youtube.com/watch?v=I6vjaimSK4E . You may think you know how good the average american has it but you may not understand stand the unique challenges of various americans in many different situations. Wealth disparity is the trap and the only way toward freedom is a society were it is not so extreme.

            • plyth@feddit.org
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              19 days ago

              and the only way toward freedom is a society were it is not so extreme.

              That is not a way. Who should create the society?

              OP argued that there are no resources left. Well, then that’s the way till the robots make humans unnecessary.

              If people want to get out, they have to do something. Don’t work harder, consume smarter. Not the poorest have to start but those who make two vacations per year. Spend that money wisely and grow from there.

              Thanks for the song.

              • HubertManne@piefed.social
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                19 days ago

                we should create such a society with taxation and regularion. resources are finite but we have them left and I agree we have to use them wisely. I often point out that we would get in excess of a barrels worth of oil for every one spent in the heyday of the oil age but now we just get a few but wind/solar/etc lets us recoup way more energy per barrel again.

                • plyth@feddit.org
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                  16 days ago

                  we should create such a society

                  The problem is that nobody knows how.