capitalism
- Started 16 years ago
- Last post 8 days ago
- 1,414 Responses
- jonny_quest_lives2
Dear readers,
After nearly 25 years of operation, DPReview will be closing in the near future. This difficult decision is part of the annual operating plan review that our parent company shared earlier this year.
The site will remain active until April 10, and the editorial team is still working on reviews and looking forward to delivering some of our best-ever content.
Everyone on our staff was a reader and fan of DPReview before working here, and we’re grateful for the communities that formed around the site.
Thank you for your support over the years, and we hope you’ll join us in the coming weeks as we celebrate this journey.
Sincerely,
Scott Everett
General Manager - DPReview.comhttps://www.dpreview.com/news/59…
PARENT COMPANY = AMAZON
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- shapesalad3
- Credit Sussie not on there but would be biggest if it was.shapesalad
- Too Big to Fail, LOLutopian
- Capitalism doesn't work. Socialist/Communist economics have been condemned for less than this.i_monk
- Two of these banks had more money than Venezuela's entire GDP.i_monk
- You mean assets. Banks hold very very little actual money. This is why they actually fail like we've seen these weeks.grafician
- utopian2
Wall Street is thirsty for its next big investment opportunity...The West’s vanishing water.
- utopian2
'The Sheer Greed Is Obscene': Moderna Plans 4,000% Markup for Covid Vaccine.
"This vaccine isn't just Moderna's, it was developed in collaboration with a government agency," said one campaigner. "It should be available and affordable for everyone, everywhere."
JAKE JOHNSON
Jan 10, 2023The Massachusetts-based pharmaceutical giant Moderna faced angry backlash on Tuesday following the CEO's announcement that the firm is considering pricing its Covid-19 vaccine somewhere between $100 and $130 per dose in the United States.
The upper end of that range, according to the People's Vaccine Alliance (PVA), would represent a 4,000% markup above the cost of manufacturing the shot, which experts have pegged at roughly $2.85 per dose.
"The sheer greed is obscene," said PVA policy co-lead Julia Kosgei, who stressed that "billions of taxpayer dollars went into the development of mRNA vaccines."
"This vaccine isn't just Moderna's, it was developed in collaboration with a government agency based on decades of publicly-funded research," Kosgei said. "It is the people's vaccine—and it should be available and affordable for everyone, everywhere."
Stephane Bancel, Moderna's billionaire CEO, defended the proposed price range in an interview on the sidelines of the J.P. Morgan Healthcare Conference in San Francisco, tellingThe Wall Street Journal that he believes "this type of pricing is consistent with the value" of the vaccine, which was developed with the crucial help of government scientists.
In 2020, Moderna admitted that 100% of the funding for its vaccine development program came from the federal government—which, despite its leverage, has refused to force the company to share its vaccine recipe with the world.
- i_monk1
The Mandalorian has gone downhill with each season.
- Shinier with each episode,
the armor becomes.sted - Haha, wrong thread.i_monk
- They'll keep it going til season 200, probably the right thread :-)PhanLo
- that armor will be so shiny in season 200 the sun is going to seek shade.sted
- lolYakuZoku
- This shit has season 3? I barely finished the first one. Fuck that.********
- kind of is in the right thread. Disney's greed fucked Star Wars.MrT
- Shinier with each episode,
- PhanLo1
- Who's he talking to? Who's off camera, behind camera to the side?shapesalad
- he's the guy you want to be Shape, already retired, invested wisely, understood the markets better than anyone else. A millionaire.PhanLo
- shapesalad0
S&P500, hinges on the top 10 participants... of which, none are a 'Buy' when view from a 'value' perspective.
- well take all with a pinch of salt. These YouTube finance guys just make content, not returns.shapesalad
- utopian3
- Give a man a $1 and he can use a launderette. Give a man a launderette and he can wash everyone’s dirty knickers.shapesalad
- Give a man a man and he can man a man.palimpsest
- Give a bank a man and he can be the only teller on staff for the dayfuturefood
- A man with turntable might be Rob da Bank.MrT
- utopian2
Isn't great that 12 year old child Mexican slaves pick our potatoes and broccoli. - Gawd Bless America! USA #1
- Outrageous! They should be picking avocados for our brunches.shapesalad
- modern slavery, still feeling the repercussions of the original slavery, can't wait to see what happens next.hotroddy
- utopian1
Knob-Gobbler Economics 101
Elon Musk is speaking out against government subsidies. Here's a list of the billions of dollars his businesses have received.
- SpaceX lands a $2.89 billion contract with NASA in April 2021
- SpaceX signs a $653 million contract with the US Air Force in 2020
- Tesla accepts "certain payroll benefits" from the federal government's $600 billion 2020 pandemic stimulus
- New York State put $750 million toward a SolarCity plant in Buffalo in 2016
- SolarCity receives $497.5 million in grants, in addition to tax credits, by 2015
- As of 2015, Tesla had sold $517 million in environmental credits to competitors per a federal mandate. Tax credits for consumers also helped them sell more cars.
- Nevada provides $1.3 billion in tax breaks and other incentives for a new Tesla "Gigafactory" in 2014
- SpaceX receives $15 million from the state of Texas in 2014
- The Energy Department loans Tesla $465 million in 2010
It's Called Capitalism....Just Ask Knob-Gobbler (aka) Captain America (aka) Freedumb Fighter.
- SpaceX has brought payloads to LEO down from around $2,500 per kilogram to around $20-30 per kilogram. Basically, it's cheaper for NASA to hire him.hotroddy
- https://i.imgur.com/…hotroddy
- Considering the stable genius has received over 8 billion dollars in subsidies..it's the least Elon can do for saving humanity and planet. Don't stop believing!utopian
- revolutionizing the automotive and space industry? yes, the least he can do.hotroddy
- at least the 8 billion didn't go to subsidize bureaucracyhotroddy
- utopian2
- state inflicted poverty is what that is.hotroddy
- mandatory lockdowns, free money, & energy dependencyhotroddy
- lol nopemonospaced
- utopian1
U.S. regulator set to take over First Republic Bank.
The U.S. Federal Deposit Insurance Corporation (FDIC) is preparing to place First Republic under receivership imminently, a person familiar with the matter said on Friday.
