No
credit scores were created to allow banks and lending institutions to grow in power at the expense of people.
they have even more discriminatory models through their algorithms that trap and punish people with lower scores and feed them highest rate loans
FICO in particular is a scam that harms millions
The most oppressed by the scam are people of color and those struggling.
Credit scores are great and they make society better.
How you got loans in the past was basically "Do you have a firm handshake (and be white)". Now there's a mechanical score to track whether you pay your bills on time. Much better system!
244
Always interesting @PatrickEBoyle on why companies are buying bitcoin. (hint, it is for the fraud)
It ought to be an utter condemnation of every market theorist that the valuations of these opportunistic holding companies are so high.
youtu.be/inI0SC3Zj4A?si=zgU3…
151
Historically a Payard guy, but Ansel is astonishing.
youtu.be/yS7IhqY2Q2k?si=jvJz…
97
"trump can't be bought" is one for the ages.
Let’s cut to the chase.
Musk tried to buy President Trump to secure more corporate welfare for his companies. Trump can’t be bought so the plan failed.
Now he’s moved on to Plan B — buying a political party and propping up legislators who’ll grind everything to a halt until he gets the handouts he wants.
That won’t work either.
56
The uncollected taxes from the wealthy tax dodgers, for which the IRS has been hobbled for decades in pursuing, are estimated to be enough alone to house the entire homeless population of America
we need to get this more likes and reposts than Obama's bs independence day message
America is beautiful, contradictory, unfinished. I am proud of our country even as we constantly strive to make it better, to protect and deepen our democracy, to fulfill its promise for each and every person who calls it home.
Happy Independence Day. No Kings in America.
80
William Luddy retweeted
According to the Congressional Budget Office, the bottom 50% of Americans held 4% of the country’s wealth.
By the 2020s, this had been cut in half to 2%.
This is due to decades of tax breaks for corporations and billionaires.
another reason to vote for Zohran
NYC cops would flee the job if Mandami wins: union leaders trib.al/OugEI57
Ya know...
At Sequoia he led our investments into SpaceX, The Boring Company, X, xAI, Neuralink, AMP Robotics, Bridge, Decart, Eon, Factory, Vise, Lightmatter and others. Prior to Sequoia, Shaun co-founded Expanse, a cybersecurity company that was acquired by Palo Alto Networks for $1B.
looks like a very musky and thiely background, i am sure he has calipers for skull measuring
So is this @sequoia Sequoia Capital just an openly racist company? Is this part of their brand?
203
wages have never reflected productivity gains due to technology - going back the cotton gin!
AI is not only killing jobs but also likely leading to greater exploitation of the lucky few developers who keep their jobs.
Per Microsoft, developers' productivity is up 10-30% thanks to AI. Doubtful that average wages have kept up with the increase in marginal revenue product.
11
Unless it starts with how to overcome corruption it is pointless.
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19
There has been an increasing number of right wing intimidation and threats against the LGBTQ+ community worldwide
youtu.be/APWmN_GHFCU?si=6w-9…
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