altruios phasma

@altruios
60 Followers
28 Following
3.1K Posts
Basic info:Coder, writer, artist, photographer, producer, director, cinematographer.
Advanced info:atheist, heterosexual agender male
Superior info:anti-hierarchal progressive, anti-capitalist
Distinguished info:shape-mover, lucid dreamer
The housing market should behave like the car market. The wear and tear over the years should not add value to a house. 60% instant reduction in value when you buy a new home should be standard and expected, after all, it’s not new and never will be again - that should cost a significant junk of value. That’s what a sane market would be. Housing as an investment has torn this country apart by the framework.
Screens steal dream, put them down and look around, nothing is as it seams.
Finance people: what’s going on with the spaceX IPO? Are there shenanigans afoot or is that conspiracy nonsense?

RE: https://universeodon.com/@georgetakei/116626344064775669

Let’s not make the same mistake our forefathers made. Let’s be smarter about this threat.

@MissConstrue ok now once enough poor peoples money can be tied up in these scams and once more taxpayer money can be secured to bail out the scams... the crash everyone is rubbing their hands gleefully to come will be here... guess who will not be affected by it at all? the ones running the scams.
@laprice I’d be willing to stand as plaintiff if a white shoe attorney wants to take the case pro bono. As an index holder, I think I’d have standing.

Y’all, we need to talk about upcoming #IPOs, and the insane rule changes that #nasdaq has just announced.

Nasdaq rewrote its #index inclusion rules to accommodate #SpaceX’s mega-IPO, implementing a "Fast Entry" provision that allows the company to join the Nasdaq-100 index just 15 trading days after its initial public offering, down from the standard three-month seasoning period.

They also eliminated the minimum float requirement of 20% available public shares and instead stocks with less than 20% of shares publicly traded, Nasdaq applies a 3x multiplier to the free-float for index weighting purposes, artificially inflating low-float giants like SpaceX in passive funds.

Ok, but in English? #SpaceX, #OpenAI and #Anthropic have just figured out a scam to force every passive #IRA, #401k, and index fund to buy their stock before pricing evaluation.

They’ve figured out how to steal your #retirement.

#AI #LLM #Scam #guillotines #YouWillOwnNothing

https://www.businessinsider.com/spacex-ipo-s1-spcx-stock-nasdaq-qqq-elon-musk-2026-5

What the SpaceX IPO means for markets

SpaceX's IPO filing has arrived. Elon Musk's rocket company is set to reshape the market when it goes public, with impacts at the index level and beyond.

Business Insider

Jeff Bezos went on TV to whine about Zohran Mamdani to stop demonizing billionaires and the very next day Mayor Mamdani responded by forcing Amazon to pay $9M in fines accrued by Amazon delivery trucks for illegally idling and blocking NYC traffic.

This is what happens when you elect a mayor for the people, not the corporations. We need more of this.

I have a weird stance on #AI

Fuck the proliferation of the #AIDataCenter .
(We should buy #silver to slow this down)

But also full steam on AI taking over work.

Not only will we have more free time to overthrow the government. The economy will collapse if the bedrock is slop. Which is a fine thing: let all the stocks collapse. Let all the rich lose all their money. I cheer this on.

Let’s all meet at public parks and discuss. While parks are still public…

Horrible anti-trans bill in the US House.

––– Voting NO (good!) –––

0 Republicans
0 Independants
198 Democrats

––– Voting YES (bad!) –––

208 Republicans
1 Independent
8 Democrats, who are:
⁃ LA: Cleo Fields
⁃ NC: Don Davis
⁃ NY: Laura Gillen
⁃ OH: Marcy Kaptur
⁃ TX: Henry Cuellar
⁃ TX: Vicente Gonzalez
⁃ VA: Eugene Vindman
⁃ WA: Marie Gluesenkamp Perez

1/ https://fed.brid.gy/r/https://bsky.app/profile/did:plc:m65ifh7vn5zdgs7izcmht4gy/post/3mmf5lwa4sk25

Erin Reed (@erininthemorning.com)

1. In a startling development, 8 Congressional Democrats crossed party lines to give Trump the power to pull school funding for supporting trans people. We list them in our latest article. Gonzalez (TX) Cueller (TX) Davis (NC) Fields (LA) Gillen (NY) Kaptur (OH) Gluesenkamp (WA) Vindman (VA) https://www.erininthemorning.com/p/8-congressional-democrats-vote-to

Bluesky Social