My politics and his don't line up but I'm not against this. It would be pretty interesting to see the impact on cash usage, and faces on money are pretty archeologically useful-- at least on coins.
let's wait a few years before rotating faces to avoid debating another blatantly illegal thing Dear Leader would propose (actually he already did but it was out of the news rather quickly)
Yes, same principle. And with RSUs you can be even more confident that you’re selling at market rate than you can with a tender offer for illiquid equity.
Yeah I was fully expecting this site to be making fun of all the wacko conspiracies about armageddon, such that it would make me feel better. But instead, the "Limit to Growth" summary seems entirely plausible.
Read through your comment history and it sounds gnarly. I hope you find something soon. I was unemployed for 6 months in 2022-2023 and it was horrible. I guess I learned something from it, but I hated it. That said, I became employed after applying to a role by emailing the CTO after they posted on the monthly Who's Hiring thread. I've had 2 jobs from HN since.
HN has been huge for my career personally, so I made this site to help make it easier to find stuff that's good for you: https://hnresumetojobs.com/
Just for clarification, you've had 3 jobs in the past 2 years? Were some of these contracts?
Otherwise oof, that sounds like volatility only worth dealing with if one really needs an income, esp. considering the signal for prospective employers.
> only worth dealing with if one really needs an income, esp. considering the signal for prospective employers.
Is this not the purpose of a job? I've had 3 long-term jobs/contracts since the pandemic, for a total of 2.5/5 years, and that's a better rate of the prior 6 years before that. Idk what their story is, but I think it's pretty typical for people who've had stable careers for one reason or another to assume it's within someone's control how often or how long they're able to work for. Sure, sometimes you're just job hopping or intentionally taking risks on early startups, but if the job goes away—depending on many factors—the ability to turn around and get another one can take a laughable amount of time, and the awareness of the perception of "the signal for prospective employers" compounding that difficulty makes it harder the longer it takes.
I try not to think about it, but there's been numerous times where I've been a year or more out from losing a job due to layoffs or financials or whatever, and getting rejected by even the least desirable place in the 4th+ round of interviews, usually by that point shifting my energy from applying/interviewing to looking at trade school. Imo it's always been brutal out there if you don't know someone running a startup who'll hook it up right away.
In my personal experience, as of the start of my current job and every time prior, in 10 years I'd accumulated no savings, always draining it to nearly zero by the time I'd get the next one. Ain't pretty.
I was laid off in Aug 2022, found a new role in March 2023, then found another role in March 2024. So basically 2 roles in 2.5 years. It's fairly common in the bay area, especially since I'm in the startup space.
The reason PGE is so expensive is because it's a privately owned monopoly with a fiduciary duty to maximize shareholder returns. Additionally, the urban areas of California are subsidizing the fire prone rural areas of the state.
The "fake costs" are not primarily from regulation as much as it is from the need to squeeze profit. For comparison, look at Silicon Valley Power which is owned and operated by the city of Santa Clara. SVP charges $0.175/kwh vs PGE $0.425/kwh. [1]
>the urban areas of California are subsidizing the fire prone rural areas of the state
Meanwhile Rural California is where the electricity is actually generated[1]; they're "subsidizing" urban use.
>SVP vs PG&E
This has nothing to do with the ownership model and everything to do with not being obligated to serve rural areas. They get to serve only lower cost dense areas
True that SVP benefits from not serving a rural area, but we also need to consider again that PGE is a for-profit organization that in 2024 posted $2.5B in profits, which were distributed to shareholders[1]. If PGE were owned by the state with no such fiduciary duty, this money could instead be used to lower rates and/or invest in infrastructure.
Great idea to napkin math it, but I think you're off by a very large margin. CA energy commission shows PG&E's energy consumption to be over 70,000 GWh.
$2,500,000,000 profit/70,000,000,000 kWh consumed is ~$0.035 per kWh.
So not exactly the smoking gun that CA ratepayers are looking for.
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