Live data from Hacker News

Y Combinator CEO Garry Tan launches dark-money group to influence CA politics

missionlocal.org

201–210 of 362 posts

Re: Y Combinator CEO Garry Tan launches dark-money group to influence CA politics

#201
post #181

Earlier quoted context omitted.

That's not really the point. Prop 13 is known to be a huge disincentive to efficient transfers in home ownership - people will strenuously avoid selling their homes and buying something that's closer to the kind of shelter they actually prefer, because they might have to pay a higher assessed property tax if they did that. These effects are very real and well documented.

Prop 13 wouldn't lead to those incentives if property prices didn't increase so aggressively. Once again comes back to zoning as the root cause. Is prop 13 bad? Only in the face of inappropriate zoned capacity, it seems. Which begs the question of what prop 13 removal would even do in such a situation? Zoning capacity isn't changing so prices will still go up beyond what is affordable for the median worker. The only…

Property prices are increasing so aggressively because assessed property taxes are low and people are significantly deterred from selling.

Re: Y Combinator CEO Garry Tan launches dark-money group to influence CA politics

#202

Earlier quoted context omitted.

Ask yourself which class can gain something by having trump as president rather than any other democrat (it's not the working class)

Exactly. So why'd the "working class" vote for him?

Because the ones owning social medias, newspapers (and whatnot) pushed heavily for it

Re: Y Combinator CEO Garry Tan launches dark-money group to influence CA politics

#203

Earlier quoted context omitted.

Exactly. We should tax billionaires away.

[flagged]

> Taxes exist to fund the government which exists to solve collective action problems.

Wealth inequality, billionaires trying to skew politics… kind of a problem that needs collective action.

Re: Y Combinator CEO Garry Tan launches dark-money group to influence CA politics

#204

Earlier quoted context omitted.

Who's stopping him? Are we all required to be cheering him on for it too?

No one is stopping him, but they would be if the people in this comment section had their way. You are absolutely not required to cheer him on, and in fact you have the right to oppose him. But that isn't happening here. Nobody in these comments is exercising their first amendment rights to argue against any of his political opinions. They are using their first amendment rights to argue that the government should use…

I am not seeing that anywhere from the OP in the chain of comments you replied to.

Re: Y Combinator CEO Garry Tan launches dark-money group to influence CA politics

#205
post #5

I think rich people have too much influence, I probably agree with Garry Tan on a lot but we need to get money out of politics. Let’s face it we’re all meant to get one vote but rich people spend money on this stuff so that they manipulate what and who can be voted for. I do think that if this current system is the result of democracy + the internet we need to seriously reconsider how democracy works because it’s cur…

> we need to get money out of politics

Not really possible. There's at least 40 more years of citizens united before any practical ability to restrict money in politics becomes constitutional again.

> we need to seriously reconsider how democracy works because it’s currently failing everyone but the ultra wealthy

Not true. The plurality that voted in the current administration are generally pleased with the state of things. Democracy is working as expected. It was close, but this is what more people wanted.

Re: Y Combinator CEO Garry Tan launches dark-money group to influence CA politics

#206

Earlier quoted context omitted.

Hell no, California has this and it’s a catastrophe. Prop 13 is one of the worst policies enacted by a democratic polity in the 20th century, and has been wrecking the state for decades.

Prop 13 isnt bad. Its all the money pumped in to political advertisements that turn this from "1 person, 1 vote" to "1$, 1 vote". And that goes to the heart of the matter, that corporations aren't people, no matter what some court or law says. And they should be heavily restricted on speech. (I include spending money on political adverts and similar.) Humans can commit crimes worthy of the death penalty. Wells Fargo…

If you think you've incurred damages due to a company's illegal actions, you can go to court already. If the company is liable and its assets do not suffice to pay full compensation, it enters bankruptcy proceedings and ultimately gets dissolved, just like you're saying.

Re: Y Combinator CEO Garry Tan launches dark-money group to influence CA politics

#207

Earlier quoted context omitted.

Citizens United was the correct decision. I don't understand how you can legitimately restrict political activity. The constitution contains the right to petition the government for redress of grievances. Why should certain groups of people not have this right? The constitution also contains the right to freedom of the press. Why should the government get to decide who gets to exercise this right?

Because democracy is "one person one vote", not "one dollar one vote". Around the same time Citizens United was decided, we also got McCutcheon v. FEC, which invalidated campaign contribution limits basically completely. If we take the logic of Citizens United at its word - that money is speech - then letting someone drop billions of dollars to change an election is like firing a sonic weapon at a bunch of protesters…

But it is still one person one vote. Money doesn't allow you to buy votes, but it does make it easier to persuade them. Freedom of the press has always guaranteed you the right to print or otherwise publish what you want, but it never said everyone will have the same amount of printing presses or the same amount of ink. Freedom of speech does not guarantee you an audience.

You think you are reducing the influence of the rich, but you are actually just raising the price of entry. A millionaire can donate to a PAC and buy TV ads, but a billionaire can buy or start a newspaper, TV station, or social media network. What are you going to do then, tell the newspapers what they are allowed to print?

Re: Y Combinator CEO Garry Tan launches dark-money group to influence CA politics

#208

Earlier quoted context omitted.

Exactly. So why'd the "working class" vote for him?

Because the ones owning social medias, newspapers (and whatnot) pushed heavily for it

And why did they give up their agency to these shadowy media oligarchs...?

Answer: because they're stupid.

The ones who weren't stupid were impossible to herd to the polls, or at least a lot more difficult. As a result they were outnumbered. Any system that removes the influences you cite will leave the same stupid voters in place, ready to fall for the next con man who comes along.

The problem isn't the money. The problem is the power. I'm tired of giving stupid people so much power over my life.

Re: Y Combinator CEO Garry Tan launches dark-money group to influence CA politics

#209

Earlier quoted context omitted.

[flagged]

> I believe this because it is his fundamental right as a citizen of the republic. This is kind of exactly my point though. Citizen of what republic? Soros and Elon are both wealthier than most states and affect politics globally . They literally cannot be prosecuted, they are barely accountable to any legal bodies.

Citizens of this one. And they can be prosecuted. You just are not comfortable with the fact that they haven't really committed any crimes. Epstein was a billionaire too.

Re: Y Combinator CEO Garry Tan launches dark-money group to influence CA politics

#210

Earlier quoted context omitted.

> I believe this because it is his fundamental right as a citizen of the republic. This is kind of exactly my point though. Citizen of what republic? Soros and Elon are both wealthier than most states and affect politics globally . They literally cannot be prosecuted, they are barely accountable to any legal bodies.

Citizens of this one. And they can be prosecuted. You just are not comfortable with the fact that they haven't really committed any crimes. Epstein was a billionaire too.

It's far easier for a billionaire to get away with a crime than to prosecute it. You would think that would be common sense, but I guess not.

How many crimes do you think Putin has done? I mean Trump has 33 or 34 felonies on record, does it matter? What about Saudi princes?

Post reply on HN