djsp

joined 2 months ago
[–] djsp@lemmy.world 9 points 8 hours ago* (last edited 8 hours ago)

I would characterize Tesla stock not as a pump & dump scheme anymore, but as a bet on Musk's position to extract concessions from his political connections. He has got his way already with Trump planning to end EV subsidies that mostly benefited Tesla's competitors, although Trump intended to do so anyway, and he may yet push against regulation that would threaten Tesla's market position in the US, like federal charging standards. He may also get Trump to impose harsher tariffs on Chinese electrical vehicles than he otherwise would, although such tariffs enjoy bipartisan support.

[–] djsp@lemmy.world 17 points 3 days ago (3 children)

As far as I can tell, Biden didn't control Congress. Senator Manchin, for example, effectively watered down the Build Back Better Act that Biden advocated for — and, to my knowledge, Biden never threatened him or any other Democratic members of Congress who resisted his legislative plans with “political consequences”, as Trump is doing to Republican House representatives in this instance.

In establishing himself as the Republican presidential candidate for the 2024 election, Trump seems to me to have set up a sort of cult of personality within the party such that Republicans either fall in line or out of favor.

[–] djsp@lemmy.world 2 points 4 days ago (1 children)

To be fair :P, English is not my mother tongue, so I don't necessarily realize how pedantic some expressions I use come across. Fair enough?

[–] djsp@lemmy.world 4 points 5 days ago (3 children)

To be fair, fearing for one's life is understandable in a society where gun ownership, social injustice and mental illness are not only relatively widespread, but correlated, and the chances of being hurt in even simple altercations correspondingly high. The solution, though, is not allowing police to resort to violence routinely, disproportionately and indiscriminately, but to address the root causes of the danger with socioeconomic justice and safeguards, proper universal healthcare and at least some restrictions in gun ownership. Those who either aren't willing to solve these underlying issues or deny their existence outright often resort to the charge of terrorism as both a convenient deflection and an instrument of suppression and oppression. It is in our interest to push back against such misuse and keep the public discourse centered on the origins of conflict.

[–] djsp@lemmy.world 3 points 5 days ago* (last edited 5 days ago) (5 children)

If I understand your quotation correctly, unlawful gathering warrants the charge of terrorism only when “intended to […] (a) influence the policies of a unit of government by intimidation or coercion and (b) affect the conduct of a unit of government by murder, assassination or kidnapping”. Then again, (a) and (b) seem redundant and the law and the judiciary might see intimidation or coercion where we do not.

[–] djsp@lemmy.world 4 points 1 week ago

Intelligent analysis I concur with and thank you for. I sometimes wonder what myths our flawed present may pass down to our uncertain future. Who knows? After two millennia, our descendants might think of Trump the way we conceive of Narcissus while they recall the new flood myths we are delivering them.

[–] djsp@lemmy.world 57 points 1 week ago (2 children)

For anyone else who, like me, didn't know: Trump once referred to Tim Cook as “Tim Apple”, as described in the Wikipedia article on Tim Cook:

In a meeting for the American Workforce Policy Advisory Board with President Donald Trump in March 2019, Trump referred to Cook as "Tim Apple".

[–] djsp@lemmy.world 12 points 1 week ago (10 children)

Presidents and administrations might not be able to dictate specific prices, but they can and do enact laws and regulations that influence or even define the economy. Trump's proposed tariffs are expected –not just by economists, but by markets, as seen after the election– to raise prices and, if they are enacted and result in the predicted outcome, fingers should be pointed at his Orangeness.

[–] djsp@lemmy.world 1 points 1 week ago

I don't know what substances were involved in writing that post. Mind sharing, @werefreeatlast? :P

[–] djsp@lemmy.world 10 points 1 week ago* (last edited 1 week ago)

Easy there — you already filled up your quota with Rupert Murdoch.

[–] djsp@lemmy.world 2 points 2 weeks ago

Russia benefits from a stronger US dollar insofar as its oil and gas exports are settled in that currency. The more valuable the US dollar is (as measured against the ruble), the more rubles Russia's exports end up yielding — or the better they compete with other producers in international markets.

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