this post was submitted on 03 Mar 2025
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

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Need to let loose a primal scream without collecting footnotes first? Have a sneer percolating in your system but not enough time/energy to make a whole post about it? Go forth and be mid: Welcome to the Stubsack, your first port of call for learning fresh Awful you’ll near-instantly regret.

Any awful.systems sub may be subsneered in this subthread, techtakes or no.

If your sneer seems higher quality than you thought, feel free to cut’n’paste it into its own post — there’s no quota for posting and the bar really isn’t that high.

The post Xitter web has spawned soo many “esoteric” right wing freaks, but there’s no appropriate sneer-space for them. I’m talking redscare-ish, reality challenged “culture critics” who write about everything but understand nothing. I’m talking about reply-guys who make the same 6 tweets about the same 3 subjects. They’re inescapable at this point, yet I don’t see them mocked (as much as they should be)

Like, there was one dude a while back who insisted that women couldn’t be surgeons because they didn’t believe in the moon or in stars? I think each and every one of these guys is uniquely fucked up and if I can’t escape them, I would love to sneer at them.

(Credit and/or blame to David Gerard for starting this.)

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[–] rook@awful.systems 8 points 11 hours ago (3 children)

Might be something interesting here, assuming you can get past th paywall (which I currently can’t): https://www.wsj.com/finance/investing/abs-crashed-the-economy-in-2008-now-theyre-back-and-bigger-than-ever-973d5d24

Today’s magic economy-ending words are “data centre asset-backed securities” :

Wall Street is once again creating and selling securities backed by everything—the more creative the better...Data-center bonds are backed by lease payments from companies that rent out computing capacity

[–] froztbyte@awful.systems 5 points 11 hours ago (1 children)
[–] rook@awful.systems 4 points 11 hours ago (1 children)

Thanks. Not as many interesting details as I’d hoped. The comments are great though… today I learned that the 2008 crash was entirely the fault of the government who engineered it to steal everyone’s money, and the poor banks were unfairly maligned because some of them had Jewish names, but the same crash definitely couldn’t happen today because the stifling regulatory framework stops it? And bubbles don’t exist anymore? I guess I just don’t have the brains (or wsj subscription) for high finance.

[–] Soyweiser@awful.systems 4 points 8 hours ago

Ah just what we need, while the people who don't understand soft power are busy reducing an empire to a kingdom (before 'gotcha' people come in here, please don't confuse the leftwing demands that the US stops doing evil things with the US should stop doing things, I actually do not like tuberculosis), growth hack mindset people are killing the goose because golden eggs.