homura1650

joined 2 years ago
[–] [email protected] 6 points 3 days ago

Volatility has always been built into investing, including index funds.

If retirement is a long way away, then this is a non event. If retirement is close and your 401k was in a target date fund, you are heavily invested in bonds at this point, precisely to deal with this sort of situation.

If you are close to retirement, and heavily weighed to tech heavy indecies, then this will probably delay your retirement a few years. If you're already retired and so invested, you may have a problem.

[–] [email protected] 7 points 3 days ago

Optimistic of you to think we'll all make it to next time. I'm on that list several times already.

[–] [email protected] 11 points 3 days ago

By private companies. Federal employees have a lot more protections.

[–] [email protected] 38 points 3 days ago

By saying "common", we mean to include names which are in widespread daily use, rather than giving immediate recognition to any arbitrary governmental re-naming

That policy is surprisingly on point.

[–] [email protected] 1 points 5 days ago (1 children)

In fairness to the PA, Palestine has an approximately 0% chance of winning a war against Israel. And an approximately 100% chance of them getting blown to pieces if they ever had an attack successful enough for Israel to fully mobilize against them (see Gaza).

Their most likely to succeed strategy would be pursuing victory through the Israeli court system (which was relatively on their side, leading to the attempted "court reform" power grab that was the political story in Israel prior to October 7). Their next best bet would be Israeli politics moving away from the current right wing nationalist coalition.

That is not to say that any of the above is easy, or likely to succeed. But at least it has a plausible chance. And, if it fails, that failure still leaves them better off than a war against Israel.

[–] [email protected] 2 points 6 days ago

Mutual funds are a systemic risk by being dumb money. Normally this is talked about in the context of index investing. The more money blindly tracks an index, the more that index becomes detached from reality. This causes measurable inefficiencies in the market [0]. In practice, this isn't that big of a deal, since "follow the index" essentially means "do what the smart money does", so the distortion is not that great.

In the context of voting, the analogous action would be abstaining (or voting with the majority of voting active shareholders). I suspect the reason this is not done is a combination of there not being enough active voting shareholders (as you say, that is why boards are a thing), and the risk of activist investors.

On a much smaller scale, we have something similar happening in my local HOA. The county owns about a dozen units as part of it's public housing program. Combined with the low turnout at HOA meetings, and the 1 property = 1 vote, this means that they could vote for essentially anything they want.

In practice, their policy is to show up to all meetings but abstain from votes unless they are needed to make a quarum. If they are needed, they vote for whatever the consensus was among every else there.

[0] See the index effect. Being added to an index increases a stock's value, despite there being no change to the underlying fundamentals.

[–] [email protected] 2 points 1 week ago

They haven't finished step 2 yet. Hamas is only releasing 3 hostages a week during phase 1. Male Israeli soldiers are not scheduled for release until phase 2.

[–] [email protected] 2 points 1 week ago (4 children)

They are working with the Palestinian Authority, which is generally recognized as the government of Palestine.

[–] [email protected] 48 points 1 week ago (10 children)

The president ordered it. There is no legal mechanism to compel private companies to use the new name.

https://www.whitehouse.gov/presidential-actions/2025/01/restoring-names-that-honor-american-greatness/

[–] [email protected] 6 points 1 week ago

Reading the orders, the gender one is much more impactful.

Canceling DEI programs cancels those programs, which just isn't that impactful. Maybe it slows or reverse progress on equality at the population level. But an individual is not going to notice a difference (unless they were explicitly working in administering it). Further, those DEI programs were only for federal agencies, which are going to have a much bigger culture shift from the coming idealougical and loyalty purge. Minorities are still protected by strong anti discrimination laws and the 14th amendment.

The anti trans order, in contrast, declares that trans people don't exist. And the entirety of the federal government must act accordingly. This will have a direct effect on every openly trans person in the country. Further, the legal protections trans people have are based entirely on an interpretation of gender discrimination laws that the current Supreme Court seems unlikely to endorse; and which Trump has directed the Attorney General to not follow.

[–] [email protected] 2 points 2 weeks ago

Even when he is in charge, he can't stop his corruption trial. Netenyahu began testifying mid December, and I believe is still expected to give further testimony. Currently, the trial is on hold due to a surgery, but should resume soon.

Him being PM definitely slows things down, but Israel has no problem trying an active head of state.

[–] [email protected] 1 points 2 weeks ago

The electoral college was entirely a compromise to protect the interest of the slave holding states.

The US has a separate mechanism to prevent run offs. If no one wins the election in the first round, the House of Representatives gets to ignore the election entirely and pick whoever they want as president. In another nod to slave states, this vote is done by state declaration, unlike every other vote the House conducts, where each individual member gets to vote.

If they wanted to have a popular vote for the president, they could have easily done so within the logistical constraints of the time. States still send an electoral delegation to the capital to submit. However, instead of those delegations voting, they simply report their state's election results. Then, the President of the Senate tallies all the state results and announces the result. If no one wins a majority, we fall back on our current stupid procedure in the House of Representatives.

 

About 30 minutes, I was cutting some wood when my hair got sucked into the saw's motor, pulling my face into the piece and giving me a bloody nose. I couldn't pull the saw out like then, so I carried the entire piece to my tool rack to cut the hair off with scissors.

Tie your hair up people.

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