NateNate60

joined 2 years ago
[–] NateNate60@lemmy.world 1 points 1 day ago (1 children)

So what did you mean when you began your comment with "actually it's the inverse"? Inverse of what?

[–] NateNate60@lemmy.world 1 points 2 days ago (3 children)

I'm a bit confused by what you're trying to say here. It seems non sequitur if you are trying to say "borrowers of higher interest rate benefit less from inflation".

[–] NateNate60@lemmy.world 0 points 2 days ago (1 children)

Nah, I've said all I wanted to say have a good day

[–] NateNate60@lemmy.world 5 points 2 days ago (6 children)

Your maths is not right. Inflation, in absolute terms, is a larger benefit to people with higher interest rates.

Let's consider the scenario where inflation is 10% for simplicity, and two borrowers who each borrow $100, but Borrower A at 5% annual simple interest and Borrower B at 25% annual simple interest. Both borrowers borrow the money at the beginning of Year 0.

Borrower A owes $105 in Year 1 dollars at the beginning of Year 1. This is equivalent to $95.45 in Year 0 dollars.

Borrower B owes $125 in Year 1 dollars at the beginning of Year 1. This is equivalent to $113.64 in Year 0 dollars.

Compared to a 0% inflation rate, Borrower A saved 9.55 Year 0 dollars and Borrower B saved 11.36 Year 0 dollars. Borrower B saved 1.81 more Year 0 dollars than Borrower B due to inflation (but paid 17.55 Year 0 dollars more overall because of interest).

[–] NateNate60@lemmy.world 2 points 2 days ago

Inflation reduces the real buying power of the money used to repay the loan by the inflation rate each year, regardless of your loan interest.

In absolute terms, inflation is better the higher your interest rate is, because the number of dollars it saves you goes up.

[–] NateNate60@lemmy.world 0 points 2 days ago (3 children)

Pack it up, fellas. Not wanting to start Internet arguments is now "intellectual cowardice".

[–] NateNate60@lemmy.world 8 points 2 days ago

Someone tried this with a dating app for right-wingers only called "The Right Stuff", which has faced significant criticism for lacking female users.

[–] NateNate60@lemmy.world 2 points 4 days ago (5 children)

Is it unfathomable that someone could see something they think is wrong but doesn't think starting a long-winded Internet argument wherein neither party will in any scenario whatsoever convince the other of anything is worth their time?

[–] NateNate60@lemmy.world 4 points 4 days ago (1 children)

The Republicans tried doing a similar thing to the Democratic Party by calling it the "Democrat Party", but members of the Democratic Party basically just ignored this and treated those who used it as stupid, or offered "helpful corrections" to the user's "inadvertent mistake". Eventually, it lost currency because it failed in its goal of upsetting people.

[–] NateNate60@lemmy.world 6 points 6 days ago (1 children)

In the US, what's more likely is that they find some random accusation to pin on you Abrego Garcia-style and then just keep you in the legal system gauntlet by adding new charges as soon as the timer runs out for trial on the old ones.

[–] NateNate60@lemmy.world 1 points 1 week ago

The "some registry" they put you in is probably made up. Credit reporting agencies don't just accept claims of debt or delinquent accounts from any random person who claims to be a debt collector. In many cases, if it isn't coming from a financial institution, they will need to see a court judgement before entering it on your credit report.

[–] NateNate60@lemmy.world 13 points 1 week ago (1 children)

I remember watching a 60 Minutes episode from the mid-2000s about government corruption and embezzlement of oil wealth by the ruling family of Equatorial Guinea, and how American oil companies facilitated this corruption. They interviewed a representative of an American oil industry group and confronted him about whether it was ethical to keep doing business with a dictator knowing that the billions in oil money was going straight into the pocket of a corrupt autocrat and his family to fund lavish spending sprees in Paris and mansions in America while the people of Equatorial Guinea starved in some of the poorest and worst living standards in the world. Of course, the industry rep claimed that it was ethical, and the reporters got kicked out of Equatorial Guinea and harassed by local security forces.

But that's the kind of fearless reporting that just doesn't get done any more. It's cheaper to just have people in the newsroom write clickbait articles about what local political figures are yapping about on Bluesky than to send people to create that sort of high-quality journalism. And there's no chance that any oil industry representative would ever agree to that sort of interview now. At most, they would just have their PR division write a two-paragraph statement.

 

New procedures and requirements — some implemented in the name of improving operations — are slowing down federal agencies.

Excerpt:

...layers of new red tape are plaguing federal staffers throughout the government under the second Trump administration, stymieing work and delaying simple transactions, according to interviews with more than three dozen federal workers across 19 agencies and records obtained by The Washington Post. Many of the new hurdles, federal workers said, stem from changes imposed by the U.S. DOGE Service, Elon Musk’s cost-cutting team, which burst into government promising to eradicate waste, fraud and abuse and trim staff and spending.

The team’s overarching goal was in its name: DOGE stands for Department of Government Efficiency, although it is not part of the Cabinet. But as Musk departed government on Friday, many federal workers said DOGE has in many ways had the opposite effect.

Full article without paywall (Gift article)

 

Gift article without paywall. Note: For the unfamiliar, "MAHA" stands for "Make America Healthy Again".

The report, led by Health and Human Services Secretary Robert F. Kennedy Jr., was intended to address the reasons for the decline in Americans’ life expectancy.

Some of the citations that underpin the science in the White House’s sweeping “MAHA Report” appear to have been generated using artificial intelligence, resulting in numerous garbled scientific references and invented studies, AI experts said Thursday.

Of the 522 footnotes to scientific research in an initial version of the report sent to The Washington Post, at least 37 appear multiple times, according to a review of the report by The Washington Post. Other citations include the wrong author, and several studies cited by the extensive health report do not exist at all, a fact first reported by the online news outlet NOTUS on Thursday morning.

 

Gift article without paywall Note: For the unfamiliar, "MAHA" stands for "Make America Healthy Again".

The report, led by Health and Human Services Secretary Robert F. Kennedy Jr., was intended to address the reasons for the decline in Americans’ life expectancy.

Some of the citations that underpin the science in the White House’s sweeping “MAHA Report” appear to have been generated using artificial intelligence, resulting in numerous garbled scientific references and invented studies, AI experts said Thursday.

Of the 522 footnotes to scientific research in an initial version of the report sent to The Washington Post, at least 37 appear multiple times, according to a review of the report by The Washington Post. Other citations include the wrong author, and several studies cited by the extensive health report do not exist at all, a fact first reported by the online news outlet NOTUS on Thursday morning.

 

(Washington Post gift article) As the president nears 100 days in office, the survey suggests his administration’s aggressive enforcement tactics are losing public support.

President Donald Trump’s approval ratings on immigration, relatively strong in the early weeks of his second term, have dipped into negative territory, according to a Washington Post-ABC News-Ipsos poll, a sign that his administration’s hard-line and, in some cases, legally dubious enforcement tactics are losing public support.

A majority of Americans, 53 percent, disapprove of Trump’s handling of immigration, with 46 percent approving, a reversal from February when half of the public voiced approval of his approach. Negative views have ticked up across partisan groups over the past two months, with 90 percent of Democrats, 56 percent of independents and 11 percent of Republicans now disapproving of the way the president has managed one of his core policy issues.

 

Washington Post opinion article: Musk’s defeat in Wisconsin is a flashing warning for Republicans in 2026

Gift link (no paywall)

 

Apparently the language was popular among early 20th century socialist movements because it was of an international character and therefore not associated with any nationality and its use by international socialist organisations wouldn't show favour to any particular country. It was banned in Nazi Germany and other fascist states because of its association with the left wing, with anti-nationalism, and because its creator was Jewish. It has mostly languished since then but still has around 2 million speakers with about 1,000 native speakers.

 

In the United States, I'd probably name Oregon City, the famous end of the Oregon Trail and the first city founded west of the Rocky Mountains during the pioneer era. Its population is only 37,000.

 

I'm talking about @rbreich@masto.ai.

The account says things that seem like they would be said by Reich but I'm not sure it's actually him behind the screen.

 

^.?$|^(..+?)\1+$

Matches strings of any character repeated a non-prime number of times

https://www.youtube.com/watch?v=5vbk0TwkokM

9
submitted 8 months ago* (last edited 8 months ago) by NateNate60@lemmy.world to c/oregon@sh.itjust.works
 

Measure 117 would change the voting system from first-past-the-post to ranked-choice instant-runoff voting for presidential, state executive offices, and Congress.

I believe it doesn't go far enough. They should have it for Legislative Assembly elections as well. That being said, I'm still going to vote for it and tell all my friends and family to do the same.

 
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