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Joined 1 year ago
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Cake day: July 7th, 2023

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  • Those are not remotely analogous situations. What is the risk to you from voting for Biden? What does it cost you? How does it endanger you?

    Voting is free. But you would rather further endanger vulnerable people than do something that makes you personally feel icky.

    Because that’s what this comes down to. Given all the choices available in this situation, there is literally no downside to voting for Biden. All it truly costs is swallowing your pride.

    But you can’t even do that.


















  • The problem is that his payout, like the rest of his fortune, is in exceedingly overvalued Tesla stock. So using that to finance Twitter means selling, and every time he sells the price takes a hard dip because Tesla investors know they’re standing on a soap bubble and they are extremely nervous about it bursting. Any sudden uptick in sales pressure is liable to cause a small avalanche of investors abandoning ship.

    The process of buying Twitter alone cut his net worth by half because of how much it cratered the Tesla stock price.