Earlier quoted context omitted.
"SpaceX stock is expected to be listed on the Nasdaq. To secure such a high-profile listing , While listing requirements remain unchanged, Nasdaq recently amended its index-inclusion rules to accommodate companies like SpaceX when they go public." https://www.forbes.com/sites/garthfriesen/2026/04/25/spacex-... Notice a listing on the board and an inclusion in an index are two different things. Nastaq changed the inde…
> a listing on the board and an inclusion in an index are two different things Nobody contested this. You said inclusion was “a prerequisite for trading the stock on the board.” That is incorrect.
SpaceX bond worth 10% less than issue price – heading for junk bond status
611–620 of 638 posts
Re: SpaceX bond worth 10% less than issue price – heading for junk bond status
#612Earlier quoted context omitted.
Where does capitalism mandate corruption? Yes, it is not realistic to assume there is no corruption, but capitalism in and by itself does not mandate corruption. Obviously this all falls apart when capitalism can buy legislation. We are seeing how the USA is currently eroded by a few oligarchs.
"capitalism" was meant to harness the greed in men- they're self-assembling groups on mostly level playing fields, and the people vote during every purchase. The more votes they get, the more opportunities to expand. Only when the people fail to choose wisely is a governmental body supposed to come in and help "regulate". The other option is the government decides from on-high how things should work, and you'd better…
Re: SpaceX bond worth 10% less than issue price – heading for junk bond status
#613Earlier quoted context omitted.
Mostly like I think they simply long for communal property ownership with a benevolent overseer that invests and distributes resources according to values that match their own. Therefore they are offended that private individuals can allocate as they choose, and make losing gambles on other private institutions. Some of these people were taught indexes are safe havens, and recoil at the idea they might not be safe as…
> they simply long for communal property ownership with a benevolent overseer I’m not impressed by the other account. But I respect your opinion. Why do you think they have convictions? (Versus waffling on memes.)
That sombody should fix all these messy distrubted market process by replacing it with an engineered solution.
The obvious counterpoint is to direct them to who would be directing that top down system.
Everyone can get behind an omnicient and benevolent central planner on paper.
Re: SpaceX bond worth 10% less than issue price – heading for junk bond status
#614Earlier quoted context omitted.
First of all I didn't complain. I don't care what happens personally. Secondly it's just a fact that the US has a tremendous amount of regulations compared to the past. Just look at how few regulations existed in the 70s vs today. Apparently you don't like word counts, but the reality is there are a enormous amount today that didn't exist in the past. That's not a free market economy. "it doesn't seem like America ha…
For capitalism to exist we must have a system in place to protect private property, e.g. a government. That government must be the most powerful entity to be able to protect property. The capitalist system is competitive, and controlling the decision-making of the most powerful entity is an enormous competitive advantage. Once you control that entity you'll naturally want to expand its powers. Hence capitalism will a…
Re: SpaceX bond worth 10% less than issue price – heading for junk bond status
#615Earlier quoted context omitted.
The vast majority of you money goes to the federal level. You are here nitpicking and not dealing with any of the real issue. You are dancing around it for the sake of semantics rather than dealing with the actual issue.
I went through the thread twice and unsure what precisely is the "real issue" you are talking about ?
Re: SpaceX bond worth 10% less than issue price – heading for junk bond status
#616Earlier quoted context omitted.
That did occasionally happen but I don't think it was the majority case by any means. That being said, if we're talking about the lord owning the mill you labor at, how is that different than tesla owning the car factory you work at?
Tesla does not, AFAICT, also own the land you live on. They pay you in fiat currency that can be exchanged for other goods sold by any provider. A better comparison to support your "capitalism = feudalism" argument would actually be the era of company stores and truck wages: https://en.wikipedia.org/wiki/Sixteen_Tons
The distinction between that and some kind of stereotypical medieval serf living on a farm he was granted by a lord and producing crops that he uses to pay his rents and so forth seems somewhat minor.
Yes in general a modern american has more government enforced rights and protections, but at the end of the day a lot of rights aren't really all that relevant if you can't afford them in the first place.
Musk and I both have the right to build a factory to produce electric cars, but one of us is going to have a much harder time exercising that right.
(Not to say that we aren't living in a better world, we absolutely are, I would never trade places with basically anyone from "the past", but the point isn't that things aren't as bad as they used to be, the point is how do we improve what we have today)
Re: SpaceX bond worth 10% less than issue price – heading for junk bond status
#617Earlier quoted context omitted.
I think literally nobody knows where much, if not most, of USAID's money was going. It was a highly opaque organization that was regularly weaponized. Contrary to what most people think, Congress doesn't just automatically gain classified clearance. They are given information only a need-to-know basis and even then often only in briefing format. So you remember when USAID was being shut down and there was an all-hand…
> I think literally nobody knows where much, if not most, of USAID's money was going. Oh, bullshit. https://www.usaspending.gov/agency/agency-for-international-... / https://foreignassistance.gov/ You can even drill down into the individual contracts: https://www.highergov.com/grant/72061321CA00003/ > So you remember when USAID was being shut down and there was an all-hands-on-deck burning and shredding day getting r…
That could be done relatively easily by requiring recipients strictly and recursively record every single dollar disbursed, and then publishing those. But it's not done, because the opacity is desired. The whole NGO scene is a complete racket before you add in the perverse motivations of USAID. The person who directed the mass destruction of classified documents at USAID was Erica Y Carr. [1] She joined USAID under Obama, and was appointed to head it under Biden.
Your last link did not demonstrate the creation of domestic manufacturing, let alone in Africa. If you could find meaningful examples of USAID doing such, you would have shared them. Thus it's safe to conclude that cannot find such, and so are now here trying to claim that nonsense is pertinent when you know it is not. That's not arguing in good faith, akin to you now trying to argue that China is the world hegemon because they have some military bases.
[1] - https://web.archive.org/web/20241204082843/https://2017-2020...
Re: SpaceX bond worth 10% less than issue price – heading for junk bond status
#618Earlier quoted context omitted.
That did occasionally happen but I don't think it was the majority case by any means. That being said, if we're talking about the lord owning the mill you labor at, how is that different than tesla owning the car factory you work at?
I understand that you think that, but you're wrong according to pretty much every historical source. If you don't understand the difference between a feudal lord an Elon musk I'm not sure I can help you. We live in a world where individual rights are orders of magnitude more significant that those of a feudal serf.
People who might qualify for the label "serf" had all sorts of differing rights and responsibilities and cultures across the literally thousands of years of history we have access to, anything from slaves in all but name to people who had (the equivalent of) bills of rights and legal protections for things they owned and produced and what duties and obligations they had were enforced by contracts laws and judges.
Musk and I both have "the right" to build a factory to produce electric cars for sale, but one of us is going to have a considerably easier time exercising that right.
It's illegal for both Steve Jobs and I to to park in a handicapped space, but when he gets a fine for doing so, it doesn't affect him in the slightest and he (used) his power to avoid suffering from any consequences, whereas I am meaningfully impacted by the punishment.
“The law, in its majestic equality, forbids rich and poor alike to sleep under bridges, to beg in the streets, and to steal their bread.”
Are things better "now" than "then"? Yes, of course. I wouldn't trade places with basically anyone from more than 100 years ago. But that's irrelevant to the point that people like Musk and the thousands of similar but less famous people have too much power and that power is used to corrode our society.
Living in a house you rent and working at someone else's factory has a number of downsides. It's not all bad, but it's still worth actually considering what is good and what is bad so we can improve things.
Re: SpaceX bond worth 10% less than issue price – heading for junk bond status
#619Earlier quoted context omitted.
Mostly like I think they simply long for communal property ownership with a benevolent overseer that invests and distributes resources according to values that match their own. Therefore they are offended that private individuals can allocate as they choose, and make losing gambles on other private institutions. Some of these people were taught indexes are safe havens, and recoil at the idea they might not be safe as…
When faced with an information asymmetry (lack of knowledge of other posters) you engage in a kind of phrenology... taking a few sentences of others and filling in huge gaps in your knowledge with biases that you cannot confirm are true and meaningful Grammatically correct sentences you can come up with are not at all guaranteed to be accurate. Sincerely... stop it. Get some help. You're a typical human dimwit. Your…
Indirect realism or the distinction between noumena and phenomena does not mean a model is inaccurate, and it certaianly doesnt mean your hot take is the correct one.
Re: SpaceX bond worth 10% less than issue price – heading for junk bond status
#620Earlier quoted context omitted.
> I think literally nobody knows where much, if not most, of USAID's money was going. Oh, bullshit. https://www.usaspending.gov/agency/agency-for-international-... / https://foreignassistance.gov/ You can even drill down into the individual contracts: https://www.highergov.com/grant/72061321CA00003/ > So you remember when USAID was being shut down and there was an all-hands-on-deck burning and shredding day getting r…
When governments direct money to shadowy things it doesn't show up in the records as "money laundered to the CIA to try to foment insurrection" but as another normal sounding disbursal to one entity that hands it off to others (after taking a nice cut) and so on repeatedly. To actually know where the money is going you'd need to follow the path of the money from delivery to actual things being done as opposed to 'dis…
A bit rich. Reminder... This was you:
"For instance one project was USAID/CIA starting a fake social media site in Cuba specifically with the goal of trying to create an insurrection, which would undoubtedly be very bloody had they succeeded."
Is it, thus, safe to assume you can't actually demonstrate USAID having done harm of this nature, and that it was raised in bad faith?