And the same applies to HN? Edgy messages make it to the top, and the reader should learn to react accordingly (in what way?)
HN user
frinxor
software engineer, poker hobbyist
California went from 235B in 2022 with a surplus, to 317B with a deficit in 2025.
Budgets should be balanced, with smart long term planning and sensible spending. We should not resort to a special “billionaire tax” to fund our mismanaged budgets.
When our high speed rail runs out of funds (and triples in costs with little to show for it), do we slap another billionaire tax? When homeless spending goes missing and doesn’t make a dent, do we add another tax? When cal fair plan goes insolvent?
And then when they’re all gone, we go after the hundred millionaires.
This isn’t the solution. The solution is to fix tax loopholes, that generate sustainable income; with spending that is long term balanced and based on realistic interest rates.
Politicians generally don’t try to solve these hard long term problems, but put up short term patches that are incredibly harmful for the state.
Its incredibly simple - they want to get off the supply chain risk list.
Its very evident in his statement, he's trying very hard to clarify what that list means for corporations and downstream business with large commercial and strategic companies.
Imagine if Microsoft, Amazon, Google, etc decided that they don't want to ANY sort of minuscule risk (real or perceived) to their massive public sector business lines (via all their DoD DoJ NHS and other 3 letter agencies, state agencies, city and local municipals etc) - and decide to cancel their enterprise Anthropic licenses - which is a VERY possible scenario.
And these are the big players, theres a whole slew of medium and small players all with existing government contracts that need to tread carefully.
It’s a business decision.
I think a major factor is politics - when China's leadership sets out to do something, they go out and get it done. Look at China's high speed rail (now more than the combined rest of the world), renewable energy growth, and their recent investment in chips. They commit to it, and make incredible progress - far outpacing everyone else. China's leadership seems to plan for the long term in infrastructure.
Compare that to something like the California High Speed Rail, or our every 4 year tug of war for elections (and mid term elections). Everything is short sighted "wins" for the next reelection, of one party vs another party, instead of making actual progress.
Its almost like when there is a good benevolent leadership in charge, for a long term, then progress comes much faster. (Singapore, China, ?)
wrong incentives, good outcomes? is there a world where the long term outcomes are also good, or at least much better than the current ones?
also, hi there! (da from oblong)
I think it comes from the all-billionaires-are-evil mindset, which I see more and more of
Seeing a lot of these pop up more recently, but this has been happening for a decade now apparently. Isn't this the fault of Medicare itself, of not having routine checks and better processes for preventing these fraudulent claims at the source?
If only the big scams are being caught (and we don't know what % are being caught), there's likely a lot more going undetected.
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We also have a lot of other roles open
https://cribl.io/careers/engineering/?department=Engineering
Cribl | https://cribl.io/careers | REMOTE We have a lot of positions open. Backend, Frontend, SRE. Mostly a node.js shop. Hiring from senior to principal roles.
I'm hiring for a Senior Staff Engineer https://cribl.io/job-detail/5544772004/ Node.js, big data, streaming, distributed systems architectures, AWS.
Cribl | https://cribl.io/careers | REMOTE We have a lot of positions open. Backend, Frontend, SRE. Mostly a node.js shop. Hiring from senior to principal roles.
We are desperately seeking a Senior Performance Engineer https://cribl.io/job-detail/5498039004/
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SNCF was one of the early bidders for this project, proposing the I5 route. They later pulled out from the politics of the Central Valley line in 2011, and went on to successfully implement high speed rail in Morocco instead - which went live in 2018.
Here we are 8 years after they finished a different project with nothing. American infrastructure at its finest.
This was interesting, thanks!
if its on front page of HN already w/ hundreds of votes, i think its fair to assume its legitimate regardless of the source.
Insurance companies are for profit. They run the analysis of how much they need to charge to break even, and aim to charge above that. If they charge too high, customers will look at the alternatives and switch to a competitor.
You can replace "insurance" with any other business, the whole of capitalism is built upon this. Every stock on the stock market is trying to "provide returns to their investors" - each one is as guilty as the next - theres nothing special about insurance companies.
If the argument is that insurance should be a federally provided service, then we must have a different conversation. Look at the FAIR plan. They are government created, and will get wiped out because of these fires, possibly because they weren't charging enough to begin with (and taxpayers will now need to bail them out). The math doesn't change whether its state backed or privately backed. If a home, on average, gets burned down every X years, then the insurance premium needs to be adjusted to be able to cover that.
And here is the crux of the problem - if you take away the free market aspect of being able to adjust prices, and get forced to sell a product/service for less than what you need to, there will be a loss somewhere, in this order of operations:
1. loss at the insurance company --> insurance company goes broke or leaves the state
2. loss at the FAIR plan --> FAIR plan reserves get wiped out
3. loss at the state level --> taxpayers need to bail the situation out.
Id argue that letting the free market work (at layer 1 above) is the proper way about it. If a house burns down every 10 years, let insurance charge 10% of that cost, because that is the actual risk involved in the system. House prices will naturally come down to reflect that reality of risk.
great read, thanks for sharing!
some more fun and short reading:
Report on an Unidentified Space Station by J. G. Ballard https://sseh.uchicago.edu/doc/roauss.htm
The Last Question By Isaac Asimov https://users.ece.cmu.edu/~gamvrosi/thelastq.html
https://en.wikipedia.org/wiki/Europa_Clipper#Launch_and_traj...
really cool to see the trajectory:
- earth mars gravity assists
- complex trajectory around jupiter and its moons
ah missed this one, thank you!
Good read! Reminds me of the Gervais Principle https://www.ribbonfarm.com/2009/10/07/the-gervais-principle-... , which is also a fantastic (and much longer) read with a similar lifecycle of the “corporation”
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We have a lot of positions open. Backend, Frontend, SRE. Mostly a node.js shop. Hiring from senior to principal roles.
yep, my first though as well here - and one of my favorite reads.
lots of posts, even one this month https://news.ycombinator.com/item?id=41214180
Makes sense, I dread the day when one of my cats passes (5 year old and 1 year old cat).
A nitpick: The researchers are asking the owners for the owners' observations during a time of grief, which doesn't seem as robust as it could be. Humans would be emotional, grieving, and also projecting their own loss to their other animals. (Theres not much of a control or a fair baseline here)
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typescript, node.js https://cribl.io/careers/
https://cribl.io/job-detail/?gh_jid=5175928004 https://cribl.io/job-detail/?gh_jid=5153955004
came here to mention this as well! fantastic ezine that i click everytime i see it linked here.
kraken getting hit by the SEC?
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Followed some links around, and this was interesting https://en.wikipedia.org/wiki/Abell_3266 !
"The Department of Physics at the University of Maryland, Baltimore County discovered that a large mass of gas is hurtling through the cluster at a speed of 750 km/s (466 miles/second). The mass is billions of solar masses, approximately 3 million light-years in diameter and is the largest of its kind discovered as of June 2006."
https://www.youtube.com/c/Asianometry lots of cool videos on his channel about chips - i've definitely learned a lot watching these.