James Sackl
2.9K posts
James Sackl
@ja_me_su
On a quest to achieve 100b+ humans. Extending lifespans, increasing the birth rate and developing cheap solar-powered infrastructure to ensure prosperity scales
Ultima Thule Katılım Ağustos 2016
7.3K Takip Edilen1.1K Takipçiler
This is so true.
When founders are viewed with contempt, and the wealthy with disdain and it is reflected in government policy, we really have gotten too comfortable and forgotten where our prosperity came from.
christopher joye@cjoye
This is so incredibly good: Economist Joseph Schumpeter warned that capitalism weakens when prosperous societies become so comfortable they forget where prosperity came from – and begin resenting the entrepreneurial class that created it. A country might survive high taxes for periods of time. What becomes dangerous is something deeper: the moral suspicion of ambition itself. The creeping belief that commercial success is inherently exploitative, that profit is morally dubious, or that founders should quietly accept punishment for surviving years of uncertainty. Prime Minister Anthony Albanese and Treasurer Jim Chalmers should think carefully about the signals embedded in this budget. Tax policy communicates values. This budget signals that founders are not viewed as partners in national prosperity, but simply reservoirs of revenue whose success is viewed with suspicion... Civilisation advances because some people are willing to bet on tomorrow before tomorrow exists. Australia should be doing everything possible to encourage those people to build businesses here. Because once a society begins treating ambition as something suspect rather than admirable, it eventually discovers that no nation can remain prosperous after teaching its most ambitious people that they are unwelcome. afr.com/politics/feder…
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@adamshuaib This is very true. Fear can power, but more often kills.
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This sort of respect, is what founders really do deserve. It's fucking brutal.
@nikunj - thanks man!
Nikunj Kothari@nikunj
Being a founder is so freaking hard man.. chewing glass every day. If you fail, no one cares. If you succeed, you are given way more problems. Sometimes I really wonder how many founders wake up in the morning and ask themselves "is it really worth it". Starting a company is so glorified - but building, scaling and maintaining one is a different story. This is why it's so important to do this for the right reasons - solve problems you are deeply passionate about and one you'll do even if the world is against you. At least there will be light at the end of the tunnel that's constantly drawing you in on those days when you are questioning your motivation. I have never had the courage to personally start a company for this reason. Just wanted to say to the ones going through this - I see you, I salute you and I admire you 🫡
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Today I announced One Nation's policy to get Australians a better return on the Commonwealth's gas and oil, our natural resources at @au_energy_prod
We want more gas extracted and more money given back to Australian's future wealth.
One Nation would partner with the oil and gas industry rather than treating it as an enemy, with the aim of increasing exploration, development and production of oil and gas
Under the policy, the party would introduce a 30 per cent rebate for genuine oil and gas exploration in Commonwealth waters, while giving the Commonwealth Government the option to take up to a 30 per cent equity stake in any production licence.
This would mean real ownership of Australia's natural resources by the Australian people.
Rather than acquiring ownership by force, the government would pay its share of costs as a joint venture partner and receive a corresponding share of production.
To manage these interests, One Nation would establish a special investment vehicle called the Australian National Wealth Investment Corporation (ANWIC), which would hold the government’s resource stakes and be tasked with making decisions for the greatest benefit of Australians.
Government would receive their proportion of oil and gas which could then be directed to the domestic market, used to support critical industries such as fertiliser, energy and smelting, or sold into export markets to help reduce government debt.
ANWIC would be overseen by a board made up of people with proven oil and gas industry experience, rather than career bureaucrats, and the Commonwealth would remain a non-operating partner while private-sector experts continued to run projects.
The policy would also allow ANWIC to invest in existing projects, but only on commercial, arm’s-length terms, with the government paying its way as in investment rather than taking over projects.
In return, the Commonwealth could choose to receive either its share of profits or physical gas supply, giving it the flexibility to support domestic manufacturing when needed or benefit from selling at high international prices.
One Nation argues this approach is even better than a domestic gas reservation policy, which can be blunt and inefficient. We also reject proposals for a 25 per cent gas export tax, because this measure is purposely designed to kill the gas industry.
Alongside these structural changes, One Nation would cut “red, green and black tape” to speed up project development and set a target of deciding on projects within six months.
We would abolish net-zero policies and the Safeguard Mechanism, while also having government help fund gas exploration.
In taxation, the party would replace the failed Petroleum Resource Rent Tax (PRRT) for offshore gas with a simpler Commonwealth royalty based on wellhead values.
This new royalty system would apply only to future projects, with existing PRRT arrangements grandfathered.
Overall, One Nation's policy is designed to deliver greater returns to Australians, encourage oil and gas production, strengthen fuel security, lower power prices, reduce government debt and give Australians real ownership of our natural resources.
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@NYCMayor An egg? 😂surely this guy’s going to reveal it’s all been a parody? Right? 🥹
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I am aware of the disturbing incident targeting worshippers during Friday prayers outside the Baitul Mamur Mosque in Brooklyn, where a man praying was struck with an egg.
That hateful act is unacceptable and an affront to the values that define us as New Yorkers.
My administration is committed to rooting out anti-Muslim hate in all its forms and ensuring every New Yorker can live and worship in safety and dignity. The NYPD Hate Crime Task Force is investigating this incident.
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From September 1, your right to work from home two days a week will be law.
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Socialism is the art of seeing the world has finite
Tobi Skovron@TobiSkovron
Hey Jim & Albo, Keep your hands off my business. You weren’t there for the sleepless nights, the stress, the risk, or the moments where everything was on the line. I built this in the dark. You don’t get to show up at the finish line with your hand out. Not one cent. You didn’t build it. You didn’t back it. You’re not entitled to it. Get fucked.
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Is DNA mutation causing cancers unique for each person and cancerous event?
Can’t you genetically sequence the cancer and a comparison healthy cell of the same type and reveal the mismatch and custom produce mRNA to produce the DNA mutation correction?
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A great litmus test for entrepreneurs assessing potential immigration options is the prevailing attitude toward wealth.
If the general consensus is that being rich is seen as a good thing, you can bet you’ve got pro-business policies.
When the Tall Poppy ethos is the cultural norm, you’re in trouble.
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The US is one of the few places left where it's okay to strive to be rich and you're not punished for this kind of thought crime.
Chris Freiman@cafreiman
A reminder that can object to raising taxes on the rich even if you aren’t rich because you think it’s a bad policy, just as you can object to tariffs even if you aren’t an importer.
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@senatorbabet Capital Gains is the most commie of all the taxes. All the rewards without any of the risks.
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Capital gains tax shouldn’t exist.
I risk my money. I build the business. I make the investment. I do the work. I take the risk.
So why the hell should the government take a cut of my success?
They risk nothing. They create nothing. They just take.
Parasites. F’en parasites.
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A painting of the end of meritocracy: A meeting of the two largest economies and not one woman at the table.
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@ja_me_su @clairlemon We could make some more states. Maybe Jacinta would sell Western Victoria off to help her pay down the obscene state debt...?
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Is there an official Exit Australia movement? I.e. with meet-ups in Syd / Melb for founders, etc?
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@ja_me_su @clairlemon You can't. Why all Aussie tech companies leave eventually unless you're good at getting gov funds.
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