• 3 Posts
  • 25 Comments
Joined 1 year ago
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Cake day: November 12th, 2023

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  • I read the article so you don’t have to.

    Excerpt:

    A group of 12 Republican US senators sent a letter to International Criminal Court (ICC) Chief Prosecutor Karim Khan, threatening repercussions if the court issues arrest warrants against Israeli Prime Minister Benjamin Netanyahu and other officials, according a Monday report from news organization Zeteo.

    The senators allege that the ICC seeks to punish “legitimate actions of self-defense,” citing Khan’s report of the “calculated cruelty” he witnessed following the October 7 attack and making clear that they find “no moral equivalence between Hamas’s terrorism and Israel’s justified response.” They claimed that the arrest warrants “would align the ICC with the largest state sponsor of terrorism.”

    The signatories declared they would take any warrant issued as “not only a threat to Israel’s sovereignty but to the sovereignty of the United States.” They threaten, “Target Israel and we will target you” and that any further action will “end all American support for the ICC” and “bar [Khan] and [his] families from the United States.” It ended: “You have been warned.”

    The letter, dated April 24, 2024, was signed by Senate Minority Leader Mitch McConnell of Kentucky as well as Senators Tom Cotton of Arkansas; Marsha Blackburn of Tennessee; Katie Boyd Britt of Alabama; Ted Budd of North California; Kevin Cramer of North Dakota; Ted Cruz of Texas; Bill Hagerty of Tennessee; Pete Ricketts of Nebraska; Marco Rubio and Rick Scott of Florida; and Tim Scott of South Carolina.







  • Ragebait title.

    Excerpt from the article:

    Marianne Sivertsen Næss, chair of The Standing Committee on Energy and the Environment, which considered the original plan, told the BBC that the Norwegian government was taking a “precautionary approach to mineral activities”.

    She said: “We do not currently have the knowledge needed to extract minerals from the seabed in the manner required. The government’s proposal to open an area for activity enables private players to explore and acquire knowledge and data from the areas in question. Opening up areas is not the same as approving extraction of seabed minerals.”











  • Except they didn’t. Whomever [sic] purchased the stock initially did, and often that amount is a shadow of what the stock is currently traded at.

    This ignores two other very important roles that subsequent shareholders play:

    • Give initial investors the opportunity re-deploy their capital elsewhere when they choose to do so.
    • Signal the value of the company’s equity, in real time, on the open market. When the stock is trading above IPO price (as your rebuttal implies), this enables the company to raise more capital by borrowing against its equity and/or selling shares of its own stock.

    In light of these critical roles, it’s vastly unfair to say that shareholders contribute nothing to the delivery of goods and services—quite the opposite.