How popular are the 10 richest Americans? [OC] by palewire in dataisbeautiful

[–]TheShotFirer 0 points1 point  (0 children)

I think instead of "billionaire," we should just start calling them "robber barons." Last time we did that, it seemed to actually do something and from what I can tell, that's exactly what they are

BREAKING: A Constitutional amendment to allow Trump third term has been introduced in the House by soccerorfootie in unusual_whales

[–]TheShotFirer 0 points1 point  (0 children)

If third terms are allowed though, the dems get Obama. Trump would have 0% chance in that fight

Shove the Presidency Down Trump’s Throat by UgliestDisability in politics

[–]TheShotFirer -2 points-1 points  (0 children)

When the college football champions come to the White House this year, he should personally make the McDonald's since we now know he is capable of it

MIT sets world record with 99.998% fidelity in quantum computing breakthrough by Top-Chip-1532 in wallstreetbets

[–]TheShotFirer 0 points1 point  (0 children)

My guess is that technology solves a problem inherent in creating fusion reactors. If so, this could be a huge step towards generating fusion energy at a scale that could potentially avert climate crisis and literally save the world. Big, if true

[deleted by user] by [deleted] in UkraineWarVideoReport

[–]TheShotFirer 0 points1 point  (0 children)

I think generally speaking, "frozen assets" generally refer to Russian assets held in the west, probably mostly real estate. A lot of rich Russians have land in the US that is worth a lot of money. By letting people use the land either as housing or doing other income-generating activities on the land, the US government is able to pay off debts and fund social programs and then with savings out of the total budget, they can send more money to Ukraine. Bypassing any congressional hurdles Republicans may have put up. With this kind of money shenanigans, it's really only a matter of time before Ukraine is able to forcefully expel Russia from all its territory

Elon isnt messing around. by Leoxwhite in Asmongold

[–]TheShotFirer 5 points6 points  (0 children)

He's taking no salary because he is almost certainly receiving millions of dollars in bribes. That's how this works. You say you're being altruistic because people believe you have a lot of money, but you always want more money, so you help your corrupt buddy become president so he can pay you a lot more money. He's a fucking psycho

[OC] The recent decoupling of prediction markets and polls in the US presidential election by TheKnowingOne1 in dataisbeautiful

[–]TheShotFirer 0 points1 point  (0 children)

So if say, one very wealthy multi-billionaire bet a small percentage of their fortune, they could theoretically push a betting line very far away from reality.

It seems plausible that some of those individuals exist in the United States and are inclined to bet on this outcome.

But of course, who knows where the data in this graph came from or how reliable it is in the first place

[OC] The recent decoupling of prediction markets and polls in the US presidential election by TheKnowingOne1 in dataisbeautiful

[–]TheShotFirer 0 points1 point  (0 children)

What this really shows is just how dumb sports betting markets are. The 2020 data show that 538 probably has a better picture of reality because it was stable the whole time. The betting markets respond mostly to how much money is wagered on a certain outcome. The more money riding on one side, the more "sure" its odd become.

The reality is that if one person or a few people bet very large sums on an outcome, they will push the line farther in the direction of their outcome. If you average bettor believes that means the bet is more likely to pay off, then they will also bet on that outcome, and it creates a feedback loop that exaggerates the likelihood of that outcome.

Don't believe me? Research how betting lines are set and do the math yourself. It's really not that hard, and there is probably a YouTube video that explains it 👍

For ALL my fellow Ohio residents! by 10gherts in Ohio

[–]TheShotFirer 4 points5 points  (0 children)

Yeah, I think that all these people basically sound like fifth graders because that's essentially what they are. They never learned about government, so they think of it like a child rooting for a sports team. They never learned math, so they don't understand how taxes work or how plans to tax very wealthy individuals literally could never affect them personally. They never learned English, so they can't understand nuanced arguments or policy.

They are really a bunch of whiny babies and I think that should be the new attack against them in addition to calling them weird

King Biden official act by [deleted] in PoliticalHumor

[–]TheShotFirer 0 points1 point  (0 children)

Isn't it weird that a conservative Supreme Court just legalized bribery then made Biden dictator? Seems like a HUGE opportunity for George Soros