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Comment Re: Yes (Score 2) 85

Are you going to mention how our own economy has changed as it has increasingly fallen under the sway of finance guys and MBAs? Because the claim is significantly more specific than "the US from 1950 to present sucks"(because the hyperfocus on finance and MBAs who think that all activities are fungible is significantly newer than the postwar US economy generally) and it's some of the trends you see in an exceptionally favorable economy as they displace other flavors of management that are most damning.

Comment Re:That's easier to do (Score 1) 89

Ah, I had missed Trump accounts because they originally couldn't hold individual stocks according to how congress defined them in the legislation. I was not aware Trump and co were trying to do an end-run around the legislation by arguing that the law doesn't prohibit corporations from donating individual shares.

However, that's a pretty new development, is controversial, and its unclear how it would really work, especially in tandem with the other rules.

Comment Re:Voting is over (Score 0) 115

The fear is that trump stays on even if he can't legally remain president. That's an entirely different thing.

People are afraid that Bush will declare martial law and institute a christian theocracy, oh no!

The D team is always afraid the president will become a dictator, and the R team is always afraid the president is the anti-christ.

Both teams are idiots.

Comment Re:Voting is over (Score 1) 115

Hate to Godwin this topic so early,

Yeah, you shouldn't have.

If the only historical example you can think of is "Nazi", then you probably didn't learn any history at all after high school. If you had any knowledge of history at all, you could point to the 1804 gubernatorial election, or look from a political standpoint at the stoning of Stephen (which distilled was a factional competition for control between factions).

But you don't have knowledge of history, you're just a parrot: reaching for whatever example you heard recently.

Comment Re:That's easier to do (Score 5, Insightful) 89

Its a little tricky too, as children generally don't have suitable investment accounts that can hold publicly traded shares. I'm doubtful they even legally can open those accounts.

So what are they going to do, issue a gazillion single paper share certificates? What a shitshow that would be, the fees and shipping alone around dealing with that for a single share would be nuts, not to mention the hassle of redeeming them, and the untold numbers that would be misplaced or destroyed. And I'm still not sure children can own them, or sign the agreements required to get them.

What else could the do? Create beneficial trusts for every child? Whose going to administer that? and again the fees and management expenses around it would be nuts all for a $150 space-x share?

It might be reasonable for him to set a bunch aside, and as children reach adulthood, let them claim them at that point.
If the idea is that the kid can't sell it or whatever until they're an adult anyway, its probably fine. It'll be income maybe when they receive it, so that could work out badly for some kids though, if they have to sell it to cover the taxes on it, because they don't have a job yet. Especially if its appreciated to a couple thousand or something. (How are splits etc handled, do they get one or more? Or worse... reverse splits on a single share?)

Comment Re:I don’t get it. (Score 1) 49

. But then again, I didn't buy bitcoin,

I regret that one. I was going to start mining for fun back when you could do it on a CPU, but I heard some people here on Slashdot making fun of it so I decided not to. Never again. If something looks fun, I don't care what other people say. Also, the Tesla rocket car is sweet, no matter what you think of Elon. Anyone who says otherwise is a hater.

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