All the smart cable companies make most of their revenue from cable internet now; what remains of cable TV is propped up by a minority of older people who refuse to get with the times or relatively well-off folks who just don’t care.
All the smart cable companies make most of their revenue from cable internet now; what remains of cable TV is propped up by a minority of older people who refuse to get with the times or relatively well-off folks who just don’t care.
Imagine enforcing shitty copyright laws on yourself like some code of honor. We developed the technology to make infinite copies of any media and then spend endless resources fighting it because it undermines our parasitic economic model.
Imagine for a moment that society embraced the full potential of digital technology. We could have a library of all human art and knowledge ever produced available for free, instantly, everywhere. If book libraries didn’t already exist and were proposed today the excuses for rejecting it would be the same. The answer is also the same, change our economic model to support people’s basic needs unconditionally and directly subsidize the production we need/want (like art).
Craigslist was always on the fringes, before Facebook marketplace came in there were a bunch of separate and disconnected online marketplaces. Facebook marketplace had the advantage of already having a massive user base (larger than any of the existing online marketplaces), causing it to become the largest one right out the gate, which then of course makes it the most attractive option for sellers since they will reach more people.
I’m not mixing average with lowest rate, the average dipped that low in 2021, meaning lots of people were getting even lower rates than that. And yes, of course people with middle class incomes buy points. That doesn’t counter my point.
Buying points involves paying more money up front to reduce interest rates. Given that someone struggling financially wouldn’t be able to do that I don’t think it’s fair to include them in conversations about the affordability of homes. It’s also not a great idea to buy points if you’re uncertain about whether you’re going to continue living there. It can take years for the savings on interest to recoup the up front cost of points, so you could easily lose money if something happens and you end up having to move or sell the home.
The “boots” theory of economic unfairness is pretty relevant here.
Edit: also the numbers the above commenter used are not far off, in the US average interest rates in 2021 went as low as 2.65%, and average interest rates in 2024 have been oscillating around 7%.
Went to check sources but you have to register to read the whole article, do you happen to know the source or another article that has them?
It’s because this isn’t about privacy at all, it’s about a popular social media platform being outside the control of domestic intelligence agencies. The US is unable to control the narrative on TikTok the way they do on American social media, which allowed pro-palestinian sentiment to spread there unhindered. It had a huge effect on the politics of the younger generation (IMO a positive one) by showing them news and first hand accounts they wouldn’t have seen otherwise.
Edit: And yes, China is able to control the narrative on TikTok and that is a potential problem, but so far they’ve had a fairly hands-off approach to US TikTok aside from basic language censorship. I figure the way China sees it is that an unmoderated free-for-all will do more to sow divisions in the US than a carefully controlled (and therefore obvious) pro-China narrative ever could.