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Joined 8 months ago
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Cake day: March 8th, 2026

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  • I think this back and forth about what it means, by what I assume are well-educated people, goes to the argument that it is basically written in confusing lawyer jargon and not easily digestible to the average person.

    You initially said “a pension fund to offset taxes.” What I would take issue with there is using pension and endowment interchangeably when they’re not at all interchangeable, and the use of the word “offset” when it’s supposed to eliminate and replace, not simply offset, taxes (unless it becomes insolvent, in which case they would have to get voter approval to bring taxes back. Yikes!).

    But I agree with your point that the taxpayers shouldn’t be deciding this in the first place because even if it were written clearly, there’s not enough information you can fit in the space to let anyone make an informed decision. You’d have to understand what an endowment is, what incentives have historically been created by them, and most importantly (what critics have been asking), where would the money be coming from?

    My interpretation of where the money is coming from is bribes. That’s a detail in the word “donations” I didn’t get from the wall of text that is that amendment, but from further reading.

    My main source was this article.


  • This attitude of taking pleasure in calling people who fall for false advertising stupid or illiterate is why we’re in the golden age of scams. Intellectually disabled and illiterate people do exist, yes, and they deserve to be protected by society not mocked. It’s not ironic that they wouldn’t notice the wrong spelling; it’s the whole point of doing it. That’s exactly why the regulation is necessary.







  • searabbit@piefed.socialtomemes@lemmy.world•C.R.E.A.M.
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    17 days ago

    It’s true. And any rich person that tells you otherwise is lying (potentially to themselves). This is why I am a big fan of Gary Stevenson who came from a working class background, got rich, and is now actively working his butt off trying to extend the ladder down to the rest of us. I recommend everyone read his book The Trading Game.




  • searabbit@piefed.socialtoPolitical Memes@lemmy.world•Anti-progressism
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    22 days ago

    Half of the country doesn’t go to college, many because they can’t afford to, and forgiving this batch of student loan debt doesn’t fix the problem or hand down consequences to the universities that see students as a cash grab rather than the next generation to educate. It’s just a terrible short sighted solution that only helps a fraction of people and angers an even larger fraction of people. A more pragmatic short term solution is to let the recipients be able to declare bankruptcy and be done with it, but that’s going to be even less popular because then everyone involved deals with their share of the consequences. Everyone would rather get “free” money.