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Palantir Drops 10% on Report of Pentagon Slashing Budget
21–30 of 92 posts
Re: Palantir Drops 10% on Report of Pentagon Slashing Budget
#22Earlier quoted context omitted.
At least among voters, there’s been a realignment over the last decade along the globalism/nationalism dividing line. The factions that favor globalism seem to also favor American military empire (to keep the trade routes safe or whatever, I don’t know). I don’t trust republicans in Congress to actually do it. But it could be a historic opportunity for democrats to call their bluff and support the cuts. A once in a c…
> to keep the trade routes safe or whatever, I don’t know Americans benefit a lot from being the world superpower, a lot more than they know, in ways that aren't apparent until they're gone. In 10 years it will be obvious what a mistake it was to intentionally renounce this position.
It’s like if Google employees complained about Google paying Apple a bunch of money to be the default search engine on Safari. “Why are we spending so much money propping up another mobile OS when we have our own to worry about? Let them develop their one search engine.”
Apparently paying so that most of the world is playing by your rules isn’t enough of a benefit and we’d rather the US not have nearly as much leverage.
Re: Palantir Drops 10% on Report of Pentagon Slashing Budget
#23This shows how naive and unprepared the market and general public in the US is for blatant political corruption. This is a Thiel company. The administration will double down on Palantir because their cofounder and chair helped fund the current administration's election. Just like how they will benefit Musk's companies.
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Re: Palantir Drops 10% on Report of Pentagon Slashing Budget
#24It is kind of funny to me that the lede is about Palontir instead of the absolutely stunning call by a Republican for the DoD to reduce budget by 8%.
At least among voters, there’s been a realignment over the last decade along the globalism/nationalism dividing line. The factions that favor globalism seem to also favor American military empire (to keep the trade routes safe or whatever, I don’t know). I don’t trust republicans in Congress to actually do it. But it could be a historic opportunity for democrats to call their bluff and support the cuts. A once in a c…
The realignment is less about globalism vs nationalism + multi-polar world and more about creating a tolerance for expansionist nationalism whereby we establish an agreement with major powers to divide up the world for open conquest, with Russia, China and the United States all operating in their respective "sphere of influence"
I think its proponents imagine a world where Russia slowly reassembles territories it lost in the '91 and maybe China takes Taiwan with some short wars and the United States just chills out. In practice the United States will likely aggressively pursue its interests in North, Central and South America as well as the Middle East and do so in a destructive fashion. We can also see people manufacturing consent on various male-audience podcasts for a hot war along the Mexican border in the name of destroying the cartels. The idea that an 8% or even 16% budget cut the pentagon could somehow neuter our ability to project power at our doorstep is naive.
Re: Palantir Drops 10% on Report of Pentagon Slashing Budget
#25Earlier quoted context omitted.
> to keep the trade routes safe or whatever, I don’t know Americans benefit a lot from being the world superpower, a lot more than they know, in ways that aren't apparent until they're gone. In 10 years it will be obvious what a mistake it was to intentionally renounce this position.
It’s like if Google employees complained about Google paying Apple a bunch of money to be the default search engine on Safari. “Why are we spending so much money propping up another mobile OS when we have our own to worry about? Let them develop their one search engine.” Apparently paying so that most of the world is playing by your rules isn’t enough of a benefit and we’d rather the US not have nearly as much levera…
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Re: Palantir Drops 10% on Report of Pentagon Slashing Budget
#26Earlier quoted context omitted.
At least among voters, there’s been a realignment over the last decade along the globalism/nationalism dividing line. The factions that favor globalism seem to also favor American military empire (to keep the trade routes safe or whatever, I don’t know). I don’t trust republicans in Congress to actually do it. But it could be a historic opportunity for democrats to call their bluff and support the cuts. A once in a c…
The realignment is less about globalism vs nationalism + multi-polar world and more about creating a tolerance for expansionist nationalism whereby we establish an agreement with major powers to divide up the world for open conquest, with Russia, China and the United States all operating in their respective "sphere of influence" I think its proponents imagine a world where Russia slowly reassembles territories it los…
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Re: Palantir Drops 10% on Report of Pentagon Slashing Budget
#27It is kind of funny to me that the lede is about Palontir instead of the absolutely stunning call by a Republican for the DoD to reduce budget by 8%.
not to mention the current republican president referring to himself as "The King"...
Re: Palantir Drops 10% on Report of Pentagon Slashing Budget
#28Earlier quoted context omitted.
It’s 8% cut per year over 5 years which is quite a bit.
Republicans shredded Obama when he wanted 5% cut per year over 4 years.
They also shredded him for wearing a tan suit. We’re living in absolutely insane times. I have no faith the Republicans will do anything meaningful to reduce the spending, as they’ve historically done the opposite. But who knows? Maybe they will this time if only to cement the death of democracy in America.
Re: Palantir Drops 10% on Report of Pentagon Slashing Budget
#29It is kind of funny to me that the lede is about Palontir instead of the absolutely stunning call by a Republican for the DoD to reduce budget by 8%.
At least among voters, there’s been a realignment over the last decade along the globalism/nationalism dividing line. The factions that favor globalism seem to also favor American military empire (to keep the trade routes safe or whatever, I don’t know). I don’t trust republicans in Congress to actually do it. But it could be a historic opportunity for democrats to call their bluff and support the cuts. A once in a c…
> I don’t trust republicans in Congress to actually do it. But it could be a historic opportunity for democrats to call their bluff and support the cuts.
I think there’s a huge natural reason for both parties to get behind significant and aggressive cost cutting, which is the accumulating debt and wasted spending on interest payments. Reductions in costs, even outside mandatory spending, will have an effect on reducing the amount of debt and burden of financing. They will also make the economy more resilient since it will be less sensitive to interest rates. This is critical to retaining a stable economy even when other countries, such as China, are in difficult economic positions.
> A once in a century opportunity to end the age of American empire and reorient America for the inevitable multipolar future.
If there is a multipolar future, I hope the other superpowers are countries that are relatively peaceful and share values like free speech. I don’t trust China to be that country as long as it is led by the CCP, as long as it continues to hold onto (or threaten) territories that aren’t rightfully a part of China (like Tibet, Xinjiang, Hong Kong, Taiwan). It’s in America’s interests to prevent a multipolar future since the only other competitor is China. Maybe that will change - I’d be more willing to accept a future where the other superpowers are Europe or India or whatever.
But any multipolar situation requires the US cut spending and fast. If there is a true competiting power, it will mean America will have to live with the realities of a weaker dollar, high debt, and other headwinds (like low growth, high interest rates, inflation).
Re: Palantir Drops 10% on Report of Pentagon Slashing Budget
#30Earlier quoted context omitted.
At least among voters, there’s been a realignment over the last decade along the globalism/nationalism dividing line. The factions that favor globalism seem to also favor American military empire (to keep the trade routes safe or whatever, I don’t know). I don’t trust republicans in Congress to actually do it. But it could be a historic opportunity for democrats to call their bluff and support the cuts. A once in a c…
The realignment is less about globalism vs nationalism + multi-polar world and more about creating a tolerance for expansionist nationalism whereby we establish an agreement with major powers to divide up the world for open conquest, with Russia, China and the United States all operating in their respective "sphere of influence" I think its proponents imagine a world where Russia slowly reassembles territories it los…
That’s what a multipolar world is. It allows Russia and China to do in their back yards what America has always done in its back yard.