Vendetta2112

Vendetta2112 t1_jdx7ew4 wrote

I agree, China does want to take over Africa, but it just does not seem like we should be building roads and i infrastructure in other countries like that. We are not the daddy of the planet, and we need to let those countries get themselves together. As the other post said, we're e not "buying" loyalty, we're only renting it for the present. The roads and bridges were building will last for many, many decades longer.

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Vendetta2112 t1_jczy5am wrote

Of course i know that, I work at MIT, not Walmart. But that doesn't mean that i approve of everything that goes on in university research. I feel if a private equity company wants to invest in research they're going to want to see profit back, that's it. No profit no company, or like SVB, no tech Bank when the techs are struggling.

I believe that if the government invests in research, or if the government/defense has a breakthrough that they are sharing for the good of "the people" than the government needs to have its money paid back, or more likely, a share of the profits. Otherwise the government is investing in research while companies that will benefit from and get rich, are in effect being subsidized by the government.

I know the argument: that all of society benefits, companies get rich, floats all boats, but when i was born our debt was at 0.5trillion,when I graduated from high school the national debt was 1.5 trillion, and today it's at 33trillion. We can't keep spending and printing money as the debt will never come due.

If the govt was making residuals from the technology that it helped develop and gave away to companies that did profit, our dept would be much less. The defense dept put satellites into orbit and developed GPS. Does Garmin and Google maps pay the government for usage?

The government funded almost $30billion in COVID vaccine research, while Moderna made over 18b, while Pfizer showed record profits of $100B, with $57B from COVID in just one year, but those profits will stretch out years. I'd just like to see the government (my government) have some of its (my) money reimbursed and I'd like to see it's investment (with my tax dollars) earn revenue downstream, so the (my) government in in better shape moving fed. The drug companies still make money. I just don't think that the government is a bottomless pit of free money, and given what we spend on technological development, we should be in a better position to reap some real reward to help the bottom line.

Yeah, I have a clue, I just don't always agree with the party line.

As we sit on the precipice of another bank collapse and depression, it seems a lot of people very high up, that should have a clue, as it's their job, in fact don't.

So don't act as if this is an easy fix or that we should keep going the way it's been going, because there are a lot of people that can see that things are not working very well and in the long run things will have to change.

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Vendetta2112 t1_jcy9btp wrote

Of course i know that, I work at MIT, not Walmart. But that doesn't mean that i approve of everything that goes on in university research. I feel if a private equity company wants to invest in research they're going to want to see profit back, that's it. No profit no company, or like SVB, no Bank.

I believe that if the government invests in research, the government needs to have its money paid back, with profit. Otherwise the government is investing in research companies that will benefit from and get rich, and in effect the government are subsidizing private companies profit.

I know the argument, that all of society benefits, companies get rich, floats all boats, but when i was born out debt was at 0.5trillion,when I graduated from high school the national debt was 1.5 trillion, and today it's at 33trillion. We can't keep spending and printing money as the debt will never come due.

If the govt was making residuals from the technology that it helped develop and gave away to companies that did profit, our dept would be much less.

Yeah, I have a clue, I just don't always agree with the party line.

As we sit on the precipice of another bank collapse and depression, it seems a lot of people very high up, that should have a clue, as it's their job, in fact don't.

So don't act as if this is an easy fix or that we should keep going the way it's been going, because there are a lot of people that can see that things are not working very well and in the long run things will have to change.

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Vendetta2112 t1_jcuq6cr wrote

In the real world we all have to make due with less, up our profit, work harder and do whatever to increase value. And steal market share.

Any fed, state or local govt job just sucks off the teat of the people, there is always more and never any accountability.

Nothing against science in general. But the cost of college skyrockets while most Univ continue to fund pointless research, overstaff, salaries shoot up they waste money than just charge students more.

It doesn't have to be that way.

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Vendetta2112 t1_jbmoaf1 wrote

Do not confuse the issue with facts!! Facts are not welcome when we are talking about things that we think we already know about and are just looking for others to corroborate our own misconceptions!! We're trying to be a mob here and tell others how to live their lives and facts like that aren't helping!

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