News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious biased sources will be removed at the mods’ discretion. Supporting links can be added in comments or posted separately but not to the post body. Sources may be checked for reliability using Wikipedia, MBFC, AdFontes, GroundNews, etc.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source. Clickbait titles may be removed.
Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials, videos, blogs, press releases, or celebrity gossip will be allowed. All posts will be judged on a case-by-case basis. Mods may use discretion to pre-approve videos or press releases from highly credible sources that provide unique, newsworthy content not available or possible in another format.
7. No duplicate posts.
If an article has already been posted, it will be removed. Different articles reporting on the same subject are permitted. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners or news aggregators.
All posts must link to original article sources. You may include archival links in the post description. News aggregators such as Yahoo, Google, Hacker News, etc. should be avoided in favor of the original source link. Newswire services such as AP, Reuters, or AFP, are frequently republished and may be shared from other credible sources.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
view the rest of the comments
There are definitely beneficial tax/benefit implications to failing businesses in certain situations. (Similar to how if you suck at stocks, you get perks.) Not out of the realm of possibilities. Given that his early life had successes, it could very well be that he learned failure is more profitable. Given the silver spoon in his mouth, less possible he learned, rather than existed and bumbled into it. Either way, not someone to put a lot of stock in. When you're bootstrapped with a certain amount of money, as long as your accountants keep you from being an abject fool, you'll never be poor a day in your life. Like, if most Americans had somewhere around $5 million invested conservatively, (don't trust this number, random deep memory grab that may be in error, and based on current money in the last decade) they could live on the dividends (money generated) while never touching the nest egg, and live a normal comfortable life without working for the rest of their lives.
Failing a business is only profitable because of abuse of laws. Laws can be changed, and should be. Success should always be the goal.
There's legitimately an entire genre of CEO that exists in the USA just to go into a company and purposely destroy it, and collect a golden parachute exit payout, for example. Shouldn't ever exist.
Is it funny or sad that I know all this, yet I work my ass off to survive?