If a phone still works fine, it’s not “device hoarding” to keep using it. It’s common sense.

@georgetakei

"Hoarding"? We work two jobs and still can't make our rent, and holding onto a 4yr old iPhone _because we can't afford anything more current_ is "Hoarding"? Holee elitist there CNBC.

Part 1: My Life Is a Lie

How a Broken Benchmark Quietly Broke America

Yes, I give a fig... thoughts on markets from Michael Green
@mtconleyuk @tezoatlipoca @georgetakei strange phrase from CNBC. Hoarding means to collect a large amount of objects of the same kind. Holding on to a phone is just economic behavior. New phones seldom provide any advantages over the old one. In case the marginal utility does not increase, there is no reason to buy a new one. Also my phone producer encourages long time use by supporting OS upgrades over 7 years for mine and maybe more. Newer versions get 8-10 year support.
@prefec2 @mtconleyuk @tezoatlipoca @georgetakei which phone gets 8-10 years of support?

@chocolateloverraj @prefec2 @mtconleyuk @tezoatlipoca @georgetakei

Fairphone
https://www.fairphone.com/

"Backed by a 5-year warranty and 8 years of software support."

+ Guaranteed cheap spare parts (for at least 8 years) in an easy to (self-) repair phone.

Black Friday shopping in 2025? Choose products that last.

Skip the next eight Black Fridays with Fairphone. At Fairphone, we build products that last. Because long-lasting products equals less e-waste.

Fairphone
@tezoatlipoca @georgetakei If it's still receiving security updates.... is it still hoarding? C'mon CNBC
Extract every dollars worth of value out of your devices
https://endoflife.date/iphone
Apple iPhone

Check end-of-life, release policy and support schedule for Apple iPhone.

endoflife.date
@musing_sys @tezoatlipoca @georgetakei Heck, even if it's not receiving updates... what do the CVEs look like? Just a couple exploits that require someone to be basically looking at your phone over your shoulder while it's out *and* for you to be ignoring what's on the screen? Not really a cause for concern!
@indigoparadox @tezoatlipoca @georgetakei Sadly, a number of them are zero-click RCE vulnerabilities which leaves a gaping hole in your security if you’re not receiving updates
@tezoatlipoca @georgetakei Don't fret, they are just telling us they are out of touch.

@tezoatlipoca Just another way to blame the poor for rich people being slightly less rich.

@georgetakei

@georgetakei I don't feel responsible for supporting capitalism's productivity requirements.
@caroona @georgetakei Oh god, I do. Gotta do my part for society even though it couldn't give two fucks about me if it was forced to by law.
@georgetakei
Once again we see the wealth hoarders projecting.
@georgetakei
This is why they make things that break when we could buy things that last a lifetime. Especially appliances. It's horrible for the environment. As we have found out, the constant consumption only benefits the billionaire class. Everyone else loses.

@lin11c @georgetakei This is why I try to focus on buying things that are repairable. I dearly wish I knew how to repair more things.

As for phones, security updates are a necessity. Companies should be required to maintain the security of the things they sell until the devices physically fall apart.

@mason
These corporations have hundreds of billions. They can be forced to support older devices and operating systems. It's ridiculous. When the hardware doesn't support the updates then it's time for replacement. I feel these "updates" are coming faster and faster and it's so transparent what they are doing.
@georgetakei The fucking gall of the media to call frugality "hoarding"
@howtophil @georgetakei Not even frugality, really, just not replacing things that aren't broken yet.
@stevenaleach @georgetakei Yeah... That's one of the parts of basic frugality...
@georgetakei
"'Buy, buy' says the sign in the shop window,
'Why, why?' says the junk in the yard"
--Paul McCartney
@BruceMirken @georgetakei Why? The Capitalist End Game of course! ☺️
@georgetakei "Uh-oh, my hammer is two years old. Better buy a new one to avoid tool hoarding."
@mr_greeb @georgetakei Just wait until the media discovers *dental hoarding*. I've had some of these crowns for 40 years.
@mr_greeb @georgetakei tool hoarding is a real problem somr of us have to face you insensible fig /joke

@georgetakei

Fuck.
Work.
Productivity.

I hope the dirtbag slaver that wrote that, shits pine needles for a month.

@GGMcBG I hope they pass pine *cones*. The big, jagged ones.
@georgetakei Reduce, Reuse, Recycle - and Resist
@georgetakei
Mine still gets updates & works fine.
@georgetakei Continuing to use something you own is not hurting the economy. The manufacturer needs to find some way to create value that’s more innovative. How much is planned obsolescence costing our economy?
@CaptMorgan @georgetakei The economy will shrink anyway. Capitalism is basically over because it only works as long as there is growth, but there is no way the economy can even stay at its current size because we're running out of resources. Nobody can save the capitalist economic model, no matter what they try. Whatever kinds of economies may exist in the future, the type of market economies we used to have will just cease to function, there's nothing we can do about that.
Either we create some kind of socialist post-market economies, or we fall back to Medieval systems with guilds in the cities and feudal lords ruling the countryside.
I think the West isn't going to make it, we will just implode. It's countries like Vietnam and China that still have a chance, but they will probably collapse as well, only much more gently in a slow decline. The new systems that take over the world will come from the least developed places on this planet where people aren't burdened by all the systems and all the infrastructure that used to work in the past, it will be the tinkerers and inventors in small remote African and Latin American villages who build the future while the rest of the world falls apart.
@georgetakei They are all just being good patriots and waiting for the Trump Mobile which will be any day now and is definitely not another scam.
@georgetakei i've been using the same android phone for 5+ years. i'll upgrade when my provider lets me do it for free 🥴
@georgetakei If not being a mindless consumerist hurts the economy, maybe the economy deserves to be destroyed.
@georgetakei immoral longevity .. Eek

@georgetakei There's a lot of absurd stuff in there -- like the claim that networks have to be slowed down to allow for older devices.... WTF? No... nothing works that way.

I *hope* this text was mostly written by an LLM 'cause there's a lot of hallucinations in there.

@stevenaleach @georgetakei isn't there something like that with much older Wi-Fi networks, where a “b” device on a “b/g/n” network would make the whole network use the slower standard? But I do feel like that has not been an issue for quite some time…
@cassidy @stevenaleach @georgetakei There is, and it was also a problem for wired networks... when we transitioned from 10mbps to 100mbps about 30 years ago, before ethernet hubs were replaced by switches. The same source says something about not transitioning to gigabit networks (which didn't have this issue), and the transition to GB networks was in the early 00's. It's inaccurate enough that it looks like a lie. The article is trash.
@georgetakei it's not trump destroying the economy, it's the fault of buyer, seem their brain fried.
@georgetakei The whole article is stupid

@georgetakei I'm determined to buy *nothing* I don't absolutely need until 2029.

I won't contribute to this economy under an administration that denies climate change and is pushing coal and oil production.

And I want to have as much in savings as possible when we are actually planning for, investing in, and building a future again.

Basically "Save Every Dime Until Twenty Twenty-Nine."

My next laptop (already three years old) aught to be a nice upgrade ;-).

@stevenaleach @georgetakei My electric car will last me until the end of my life because I only drive 2000 miles per year. I am old but even if I were a lot younger it would outlast me.

@georgetakei

#TranslatedFromTheRepublican

"The implication is that people are required to subsidize operations for their employers.

If the job requires a newer device, let the employer pay for it."

1/

@Npars01 @georgetakei This is similar to one of the justifications for return-to-office policies, which is that retailers in city downtowns need office workers to buy their stuff. Workers are supposed to spend their own money to prop up other businesses.
@michaelgemar @Npars01 @georgetakei And won't someone think of the poor office building owners whose space might otherwise go unrented!

@count_01 @michaelgemar @georgetakei

How many people got rid of their second car because of Work From Home policies?

All those commuters, forced to own gas powered vehicles, are subsidizing their employers operations.

The fossil fuel industry is seeing flattening demand. Data centers for AI & cryptocurrency are being rejected as wasteful energy hogs.

The industry wants new devices because of AI spyware, backdoors on chips, & chat control.

It's not device hoarding, it's privacy protection

@Npars01 @count_01 @michaelgemar @georgetakei where is the evidence that devices made during the AI hype are more privacy invasive than previous devices? Like I get how Windows recall and voice activated stuff would make "Copilot laptops" more privacy invasive, but even non AI phones had privacy and microphone issues. I think companies want us to buy new stuff so they get money. They already have plenty of our data.
DOJ and RealPage Agree to Settle Rental Price-Fixing Case

The settlement is the latest development following a 2022 ProPublica investigation that showed RealPage was helping landlords set rents in a way that legal experts said could result in cartel-like behavior.

ProPublica
Opinion | Larry Ellison Is Closing In on CNN, HBO and TikTok

Larry Ellison is now suddenly poised to become the most powerful media mogul America has ever seen.

The New York Times
'Two words' that wiped away $29 billion from Mark Zuckerberg's fortune in just one day, taking him to one of his lowest rankings on Billionaires Index - The Times of India

Tech News News: Mark Zuckerberg's fortune saw a significant drop, pushing him down the Bloomberg Billionaires Index. Investors reacted negatively to Meta's massive AI

The Times of India

7/

7. Gasoline price fixing & Koch Network
https://jacobin.com/2025/05/trump-donors-gas-price-fixing

https://www.thebignewsletter.com/p/an-oil-price-fixing-conspiracy-caused

https://thehill.com/opinion/energy-environment/5501437-trump-fossil-fuel-monopoly/

https://www.theguardian.com/environment/2025/jan/22/trump-big-oil-energy-priorities-explained

https://ourworldindata.org/how-much-subsidies-fossil-fuels

https://www.carbonbrief.org/factcheck-why-expensive-gas-not-net-zero-is-keeping-uk-electricity-prices-so-high/

https://www.evergreenaction.com/blog/evergreen-explains-how-fossil-fuel-corporations-are-driving-the-energy-crisis

FAFO

https://techcrunch.com/2025/11/05/millions-to-receive-free-electricity-in-2026-thanks-to-australias-solar-boom/

https://ember-energy.org/latest-insights/decoupled-how-spain-cut-the-link-between-gas-and-power-prices-using-renewables/

8. Banks & price fixing
https://www.reuters.com/legal/government/mortgage-tech-firm-big-lenders-accused-nationwide-price-fixing-scheme-2025-10-07/

https://topclassactions.com/lawsuit-settlements/lawsuit-news/class-action-accuses-jpmorgan-chase-6-other-major-banks-of-fixing-interest-rates-for-decades/

https://www.reuters.com/legal/government/borrowers-sue-major-us-banks-over-alleged-prime-rate-fixing-scheme-2025-10-17/

https://www.pymnts.com/cpi-posts/major-us-banks-accused-of-colluding-to-fix-prime-interest-rate-in-new-federal-lawsuit/

https://www.reuters.com/sustainability/boards-policy-regulation/mexicos-antitrust-watchdog-accuses-banks-joint-price-fixing-2025-07-25/

https://www.law.com/ctlawtribune/2025/10/20/class-action-accuses-major-banks-of-prime-rate-price-fixing/?slreturn=20251127143207

Trump Wants to Let Price-Fixing Oil Execs Off the Hook

The Biden administration barred two fossil fuel executives from taking board seats at Exxon and Chevron after finding they had schemed to fix oil prices. Now Trump wants to let them off the hook — after they donated millions to the GOP this past election.

@Npars01

All good reasons why Biden and Lina Khan needed to be stopped.

If anyone wondered by the techbros and other big companies rallied behind Trump, this ☝️ is the reason. Trump would protect their monopolies/cartels.

What they didn't count on is Trump taking a piece of their company in exchange

#ThisIsAmericaNow
#AmericanClownEmperor