They planted so we ate, we plant so they will eat.

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Joined 4 months ago
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Cake day: August 23rd, 2025

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  • See the problem here is that you are sane and rational.

    After the bankers’ gigantic, compounded fraud blew up in their faces in 2008-2009, Obama came on TV and said that the government will not step in to bail out people who were underwater on their mortgages, no matter how fancy and ridiculous the loan terms were. This would have cost approximately $1.3 trillion, and the reasoning was that bailing them out would set a bad precedent; that one could take out a loan (or be the victim of fraud and deceptive practices) and not pay it back.* Instead, it was decided that the banks would be bailed out, and the cost for that has been estimated at between 12 & 16 trillion dollars. I know you know this but a trillion dollars is a thousand billion dollars. Just an insane amount of money, not to mention it’s been 10x the amount it would have cost to put millions of Americans into the security and stability of home ownership. In the spirit of American style central planning, the extremely wealthy were made even more wealthy as a result of their abysmal performance at… central planning (designing an economy that not only allowed but rewarded the actions that led to 2008). Between the policy of “we (the fed) buy your (private bank) trash (debt) for 100 cents on the dollar at whatever face value you (private bank) decide” QE and the fact that the US has a sovereign currency which is the global reserve currency it means that the US can “afford” literally whatever it wants, and “the US” now means Trump and his cronies.

    I’m not saying this makes sense (what you are saying is what makes sense), I’m saying that I don’t think it has to make sense anymore… as if the past 20 years have “made sense” financially.

    • the PPP loans during Covid were literally “here’s a ‘loan’, you don’t have to pay it back”, and you know who those went to.



  • Very interesting article but it seems to be ignoring the elephant in the room which is that the capitalist is lying in order to fleece the public, not least through a government “bailout” aka give me money for failing. If a reporter (or even an average schmuck in this case) can do quick napkin math to see that the numbers aren’t even in the right ballpark then the capitalist as well knows that, as they are generally obsessed with this sort of thing.

    The contract in question—a five-year, $300 billion cloud computing agreement between Oracle and OpenAI announced in September 2025—represents the largest technology services contract in history. It commits Oracle to building, equipping, and operating 4.5 gigawatts of data center capacity as part of the Stargate joint venture, with revenue recognition beginning in 2027. The scale is almost incomprehensible: $60 billion in annual payments, sustained for five years, from a single customer.

    That single customer is OpenAI, a company currently generating approximately $13 to $15 billion in annualized revenue while losing approximately $9 billion per year. OpenAI’s internal projections, obtained by Fortune, show cumulative losses of $115 billion through 2029. The math is stark: OpenAI must grow revenue approximately fivefold in two years—from $15 billion to $60 billion annually—merely to meet its Oracle commitment, let alone achieve profitability.

    No technology company in history has achieved such growth. The closest comparison is Nvidia itself, which grew from $27 billion in fiscal 2024 revenue to approximately $130 billion in fiscal 2025—but Nvidia sells physical products with clear unit economics to customers with immediate use cases. OpenAI sells subscriptions and API access to customers whose return on AI investment remains, by most surveys, deeply uncertain.

    Using Nvidia as the only one that made it in this example is kind of misleading, as the only reason they achieved that growth and give credence to the scam is via the scam itself.

    Idk, the attitude of “well golly shucks how in the world will they pull this off?” kind of pisses me off because this is a scam, everyone can see it’s a scam, let’s stop pretending it’s not a scam and take those hundreds of billions of dollars and instead of burning it let’s provide every American with a home that has a (second hand / reclaimed / repaired) refrigerator and washing machine, and a (second hand / reclaimed / repaired) computer with high speed internet. Or even healthcare. Or even fucking enough food…


  • the need for the AI companies to demonstrate profits.

    This is according to capitalist theory but now that we’re in fascist space it’s possible that AI companies are propped up by subsidies (that might “guarantee profits” to dress the operation in capitalist garb and keep the fantasy going) while just being tools for data collection and surveillance to aid in repression and consolidation of power by the aristocrats, or whatever the small ruling class will be called in post-capitalist America.

    Hopefully I’m wrong, and wouldn’t it be ironic if capitalism, or at least a need to generate profit, is what actually saves us?






  • fort_burp@feddit.nltochat@hexbear.netFuck the fucking EU
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    12 hours ago

    Yea when you put it like that it makes sense. Maybe a better approach would be more granular, like fast fashion taxed like a motherfucker and part of that goes to subsidize the cost of spare parts for people repairing things.

    Did you know that producing a single cotton t-shirt requires 2,700 litres of water, or approximately two and a half years of someone’s drinking water needs? A single fucking shirt! And they’re cranked out by the million! It’s totally bonkers.










  • [CW domestic abuse]

    spoiler

    He said he went to speak to the governor about domestic abuse toward men

    Political awareness is born in local terminally online man. His first move is to exercise it in the most abusive way imaginable (holstered handgun and collapsible baton, then assault rifle when he hears “no”).

    This is such a thorough example of alienation from the political process. Capitalism and patriarchy really do a number on our thinking. Luckily the third leg of the American stool (white supremacy) saved this man’s life and freedom!