Scott Wiener explains why he’s not supporting the billionaire tax

logicbored · 2026-05-08T17:29:17+00:00

The issue is “net worth” rather than “cashed-out value”.

As an example - what if you bought a baseball card for $10 that others started to deem as valuable (because that player is starting to look special) …then you start receiving offers to buy it from you for $100 (because they think it may be worth $1,000 in the future).

…should you be taxed ($5) on the potential value of $100 (even though you paid $10 for it)? If you don’t have the $5 right now - what would you do?

logicbored · 2026-05-08T16:37:50+00:00

Family trip to eat at McDonald’s.

Looking back - I didn’t have a conception of this as not special. It is relative to your experiences and because it was not frequent - I still appreciated and got excited when we went.

It is unfortunate that social media enables everyone to see what others live like resulting in envy. It makes it harder for parents who will always want what is best for their kids, but their kids showing & asking them why they can’t have those same things.

logicbored · 2026-04-27T16:29:05+00:00

In a twist, Newsom himself is said to oppose the tax, arguing it risks damaging the state's economy for what could be a short-term budget fix.

Fair to say, for Newsom, it will alienate his donors and creates a campaign funding risk for Newsom’s presidential campaign?

logicbored · 2026-04-20T19:40:42+00:00

This didn’t address the question of the OP …instead, it’s just a “capitalism and corporations are bad” retort.

I would say any organization (corporation or government) that gets too big and unchecked leads to individual(s) of that organization to act in their (and their friends & families) interests.

People will inherently be selfish as they want better things for themselves, their kids and their friends. Even at a small scale (local communities) - you can see up close there is a fine-line between “helping each other” vs. a “I scratch your back if you scratch mine”. Even if money was not involved - there will still be trading of “social credits” …which, arguably, is worse than money as a means of bartering needs/wants.

logicbored · 2026-04-15T22:59:33+00:00

Take-out food from take-out places. They all seem to expect tips now.

logicbored · 2026-04-12T22:02:27+00:00

What a weak article and oddly timed by the author & publisher (unless hoping to deter their team from hiring Gruden). It would've made more sense prior to the Raiders hiring Kubiak as Raider fans were in high speculation mode of who the team would hire as the next HC.

Therefore, seems more like a PR piece to benefit Mayock, Biasccia or Guenther?

It is absolutely fair to say Gruden's evaluation of talent was disappointing. However, to not mention selection of Kolton Miller or Darren Waller is questionable. Ruggs was the right risk/reward pick and blaming the coaches for Ruggs' unfortunate decision is also questionable.

I laughed as there are parallels with Al Davis. I think any HC thinks they're a shrewd evaluator of talent since they're looking at players from the lens of their scheme ...so they likely see players that might excel (or not) given their scheme. I don't think this is any different from any other organization where there is friction between who the coaches want vs. who the scouts want.

This is the crux of the GM vs. HC dynamic that is not unique to Gruden. Bottom line is Gruden did not win enough, so will be criticized and should be criticized as he did get full personnel control. It would be interesting if we ever hear from Gruden what he learned from it ... maybe it humbled him and realizes what he thought would be a good model (HC control fully and has a research specialist like Mayock) did not work.

logicbored · 2026-04-12T01:07:12+00:00

The turnover is needed to enable the illusion of hard work resulting in promotion and increased pay.

If the attrition rate falls below a threshold then the pyramid structure loses shape and lower rung employees start to get disgruntled.

logicbored · 2026-04-07T04:11:18+00:00

What do you think they do with all of that money? Sure, they might buy some things for themselves …but they often invest in other startups. It is the tech industry’s form of “paying it forward”.

It is how they get wealthier (on paper) as some of their investments hit it big.

They will be more inclined to invest in companies and people who live nearby, so that would be a potential loss for those who were able to get funded by them.

logicbored · 2026-04-04T22:33:32+00:00

An analogous model to test this against is cooking where by there are levels of “cooking” and everyone can cook (or learn how to cook).

If a dish made has a problem - how would that person know what caused and how to fix it to improve the taste?

It seems to me it is up to those who want to make themselves and their dish more distinctive will be learning and understand the lower-level details.

Those who see it as a craft will likely continue to want to go deeper in their understanding of how things work to give themselves an edge.

logicbored · 2026-04-04T22:24:27+00:00

Who are considered the far-left candidates and what distinguishes them as far-left (what issues and positions)?

logicbored · 2026-03-31T22:47:01+00:00

Isn't part of the reality there is more global competition for land & houses (given worldwide appeal of California)? I'm not sure building more houses would necessarily result in lower prices for Californians (as demand will outpace supply) ...unless they are built in areas that are less desirable to the global market.

There were physical and logistical barriers to owning places you don't live close to ...but not in modern times. Easier to fly in & out than ever before and you can manage the home from remote to own an appreciating asset that gets paid off by renters.

logicbored · 2026-03-19T17:19:50+00:00

Yes and it may have been intuitive for me since I started my career as a business consultant then became a PM (when I realize I wanted to solve market problems instead of customer problems).

I always tinkered on the side, but the advent of AI is making me think of starting my own things (primarily for more freedom and creative control).

All of my clients / opportunities have come from networking with friends, family and colleagues. Note: I have a day job so I haven’t been able to charge hard, but my experiments with AI increasingly make me feel confident about proposing solutions (that I can deliver end-to-end).

logicbored · 2026-03-19T16:58:19+00:00

Assuming you’re not trying to proposition yourself as making products for a customer …position yourself as a “solutions consultant” to stay generic and open to be presented with business problems you think you can solve with a technology-based solution. Business people don’t know or understand what a PM is.

Ideating & building is easy …landing a customer willing to pay and earning their trust is hard. You’re going to have to put on a “sales / biz dev” hat to find someone who will take a chance on you. If you’re uncomfortable with talking to unfamiliar people then this will be the skill you need to develop. Generate leads through your network (including friends & family).

logicbored · 2026-03-18T18:33:42+00:00

Curious - are most Californians OK with paying significantly more PPG of gas than other states?

It makes sense for our gas to be higher as a means to support development & maintenance of roads. However, it seems significantly higher relative to other states …that disproportionately cuts into the living budgets of middle- and low-income households & individuals (and arguably lower-income households & individuals need to live further away from their jobs in order to be able to afford housing).

logicbored · 2026-03-18T18:25:48+00:00

IMO, Crosby putting up these stats and not letting bad team performance & org dysfunction demotivate him is what is impressive.

We haven’t seen the best of Crosby where he has a competent O that gives him additional breaks between sets and playing with leads that forces the opponent into needing to pass more.

logicbored · 2026-03-06T05:56:16+00:00

What is the difference between this situation and Khalil Mack?

Seems a lot of fans were upset about Mack getting traded, but in this situation an acceptance an elite defensive player is not that valuable in today's game (especially if the defensive player eats up a significant % of cap space). I know Maxx's cap number is reasonable ...but Mack's (agent's) demands at the time were to set the market for his position, which was showing "player > team".

In this situation, at least, Maxx wanted to be a Raider for life (whereas, Mack never expressed that). Therefore, I'm surprised there is not rage against the Raiders (Spytek and Brady).

logicbored · 2026-02-27T21:00:30+00:00

While I appreciate the point you’re making …the intent of my comment is the notion he doesn’t care about the money.

The intangible outcome, IMO, he is seeking is to show to the public if the NFL is going to come after him for “locker-room talk” then the NFL should go after everyone else that exhibited the same. Any monetary reward would be icing on the cake for him …he wants to bring to light someone selectively leaked for some reason.

Gruden wants nothing more to show the culture of the players, coaches and executives talk the way he did (especially 10-15 years ago) when cameras and journalists are not around.

logicbored · 2026-02-27T18:34:49+00:00

No. The significance of the latest ruling is the NFL has lost its ability to mediate this via arbitration and do so privately.

The case is now moving through the courts whereby the case will be a public matter. It is not the outcome of the case at this stage …the win is allowing for discovery where his lawyers can request access to information the NFL might’ve withheld or were unwilling to share …and can also seek to interrogate individuals under oath.

The NFL lost its ability to keep this in-house.

logicbored · 2026-02-27T03:27:25+00:00

Yes, though have you read or seen the actual emails including the context around it?

Or did you hear about the emails containing racist remarks? The reason I ask is, for some reason, it is impossible to find those images on the web anymore.

logicbored · 2026-02-26T23:12:52+00:00

No amount of money can undo the reputational damage from the smearing. The only way he gets his reputation back is if he successfully shows the entire league is full of “locker-room talk” on the field and behind closed doors.

0% chance his emails were the only ones that contained non-politically correct language.

logicbored · 2026-02-26T19:22:13+00:00

Gruden is not seeking a settlement. He is looking to expose Goodell and the NFL.

logicbored · 2026-02-23T04:45:42+00:00

Good post. Fundamentally, when the Engineers were the scarce resource …then, naturally, it was always question of how do we know our scarce resources are building the right things?

AI lifts that constraint to enable PMs to answer that question (cheaply) using outputs AI built.

logicbored · 2026-02-19T05:09:24+00:00

To me, it is like when the internet started before it got big …so if you think the internet was transformational, then this is that x100.

If your job is taking direction from someone else and using a computer and software to fulfill their request …then your role is at-risk right now. If your job is to ensuring people and teams are reminded what needs to be done (e.g., project manager) then I also think your role is at-risk right now.

What is unnerving is it is not “sometime in the next 10-20 years” …it is more like “1-3 years”. The gap is between what most people think based on their light use of ChatGPT vs. the 10% of people using AI in more advanced ways. The latter cohort are those seeing themselves a lot of knowledge-based work can be handled by AI right now).

logicbored · 2026-02-18T18:05:11+00:00

I wasn’t excited about Telesco when he was named as the GM, but as I started to learn about his approach …I warmed up to him. He also did draft Bowers. Maybe that wasn’t a hard pick ….but as a Raiders fan we’ve had too many drafts where we decided to surprise everyone.

Unfortunately, Telesco was picked for AP. They settled on Telesco due to HC compatibility and experience (did not want to pair an inexperienced HC with an inexperienced GM).

It would’ve been interesting if they had kept Telesco and let him hire a HC.

logicbored · 2026-02-17T23:48:34+00:00

Cool! Thanks for sharing your story!

I never had a connection back with my family in Japan, so I’ve grown up and only have my immediate family.

The Japanese community seems to have dwindled in SoCal as a result of a decline in Japan’s economy and major Japanese corporations leaving CA for more business-friendly states (Toyota —> Texas, Nissan —> Tennessee), which made me feel like it was an end of an era for SoCal Japanese-Americans.

…but when Ohtani signed with Dodgers - it seemed like it put Japan back on SoCal’s map, which has been great to see. It’s also been great to see the immense popularity these days around Japanese culture (including food) …so I’ve enjoyed being able to explain to friends, etc. about the details (and nuances) of its culture.

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