Steve Clark
@stevefromearth.bsky.social
Late-50s gym rat, wannabe hedge fund manager, longtime product manager. Making websites since Oct 1994. Interested in numbers, nutrition, health, sustainability, industrial design and living on earth. Promoters of crypto will be ignored or blocked.
I hope all my fellow AI haters are watching Plur!bus
November 24, 2025 at 2:58 AM
I hope all my fellow AI haters are watching Plur!bus
More circular investment. Sell stake in GPU maker to invest in company (non-profit, actually) so it can buy more GPUs from GPU maker.
There is no new revenue entering this space.@edzitron.com
There is no new revenue entering this space.@edzitron.com
November 11, 2025 at 6:40 PM
More circular investment. Sell stake in GPU maker to invest in company (non-profit, actually) so it can buy more GPUs from GPU maker.
There is no new revenue entering this space.@edzitron.com
There is no new revenue entering this space.@edzitron.com
The GenAI economy explained ...
October 10, 2025 at 4:59 PM
The GenAI economy explained ...
@bloomberg.com daily email teases a piece about xAI rasing $20 billion (curious number) while also linking to its own piece about a "Trillion Dollar Bubble"
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
October 8, 2025 at 3:13 PM
@bloomberg.com daily email teases a piece about xAI rasing $20 billion (curious number) while also linking to its own piece about a "Trillion Dollar Bubble"
www.bloomberg.com/news/article...
www.bloomberg.com/news/article...
Taxes don't fund spending. This should be your agenda:
September 19, 2025 at 4:47 AM
Taxes don't fund spending. This should be your agenda:
$ORCL peaked and is now falling. It's down 15% from its all time high 48 hours ago. It will never realize the $300 billion from its OpenAI deal.
September 12, 2025 at 5:37 PM
$ORCL peaked and is now falling. It's down 15% from its all time high 48 hours ago. It will never realize the $300 billion from its OpenAI deal.
$108 billion has been removed from the private sector economy since May.
Tariffs are a federal tax
Federal taxes destroy US dollars.
The government doesn't "raise revenue." It is the sole issuer of US dollars.
Tariffs are a federal tax
Federal taxes destroy US dollars.
The government doesn't "raise revenue." It is the sole issuer of US dollars.
August 9, 2025 at 4:03 AM
$108 billion has been removed from the private sector economy since May.
Tariffs are a federal tax
Federal taxes destroy US dollars.
The government doesn't "raise revenue." It is the sole issuer of US dollars.
Tariffs are a federal tax
Federal taxes destroy US dollars.
The government doesn't "raise revenue." It is the sole issuer of US dollars.
Attaching a screenshot of the thing you're replying to.
To reiterate:
"NOBODY CAN DEFINE an AI 'product' or service that anyone will pay for."
Please define an AI product.
I swear this is a reboot of circa 2022 when I was begging the bitcoiners to explain its intrinsic value to me.
Nobody could
To reiterate:
"NOBODY CAN DEFINE an AI 'product' or service that anyone will pay for."
Please define an AI product.
I swear this is a reboot of circa 2022 when I was begging the bitcoiners to explain its intrinsic value to me.
Nobody could
August 6, 2025 at 2:58 AM
Attaching a screenshot of the thing you're replying to.
To reiterate:
"NOBODY CAN DEFINE an AI 'product' or service that anyone will pay for."
Please define an AI product.
I swear this is a reboot of circa 2022 when I was begging the bitcoiners to explain its intrinsic value to me.
Nobody could
To reiterate:
"NOBODY CAN DEFINE an AI 'product' or service that anyone will pay for."
Please define an AI product.
I swear this is a reboot of circa 2022 when I was begging the bitcoiners to explain its intrinsic value to me.
Nobody could
By weird coincidence I found myself at the location of two significant assassinations within 24 hours. Saturday morning at Dealey Plaza and Sunday morning at The Dakota
June 2, 2025 at 2:42 AM
By weird coincidence I found myself at the location of two significant assassinations within 24 hours. Saturday morning at Dealey Plaza and Sunday morning at The Dakota
This chart shows top marginal tax rate, not average effective tax rate.
If the Establishment Left wants to re-gain power in a meaningful way the liberal parties should go all-in on a massive working class tax cut. Here is how it could happen in the U.S.
If the Establishment Left wants to re-gain power in a meaningful way the liberal parties should go all-in on a massive working class tax cut. Here is how it could happen in the U.S.
May 24, 2025 at 8:48 PM
This chart shows top marginal tax rate, not average effective tax rate.
If the Establishment Left wants to re-gain power in a meaningful way the liberal parties should go all-in on a massive working class tax cut. Here is how it could happen in the U.S.
If the Establishment Left wants to re-gain power in a meaningful way the liberal parties should go all-in on a massive working class tax cut. Here is how it could happen in the U.S.
All they want is a tax cut.
We should be pushing for a tax cut
NO TAX ON THE WORKING CLASS
0% on the first $74K
Progressive marginal rates by decile up to peaking at 20% above $200K. Tax cut for all.
Once you decouple federal taxes from federal spending you see how simple it is.
We should be pushing for a tax cut
NO TAX ON THE WORKING CLASS
0% on the first $74K
Progressive marginal rates by decile up to peaking at 20% above $200K. Tax cut for all.
Once you decouple federal taxes from federal spending you see how simple it is.
April 22, 2025 at 3:04 PM
All they want is a tax cut.
We should be pushing for a tax cut
NO TAX ON THE WORKING CLASS
0% on the first $74K
Progressive marginal rates by decile up to peaking at 20% above $200K. Tax cut for all.
Once you decouple federal taxes from federal spending you see how simple it is.
We should be pushing for a tax cut
NO TAX ON THE WORKING CLASS
0% on the first $74K
Progressive marginal rates by decile up to peaking at 20% above $200K. Tax cut for all.
Once you decouple federal taxes from federal spending you see how simple it is.
Happy Tax Day 2025. Reminding you all once again that federal taxes do not fund federal spending.
April 15, 2025 at 2:19 PM
Happy Tax Day 2025. Reminding you all once again that federal taxes do not fund federal spending.
I heard the song hundreds of times, never knew anything about it. So I asked the GPTs.
April 15, 2025 at 1:02 AM
I heard the song hundreds of times, never knew anything about it. So I asked the GPTs.
9/x
Marginal income tax rates using deciles based on prior year’s incomes, for example:
First $74,500 (bottom 50th): 0%
Anything over $200,000: 20%
$74K - $106K: 5%
106K - $169K: 10%
$169K - $200K: 15%
No deductions.
Marginal income tax rates using deciles based on prior year’s incomes, for example:
First $74,500 (bottom 50th): 0%
Anything over $200,000: 20%
$74K - $106K: 5%
106K - $169K: 10%
$169K - $200K: 15%
No deductions.
April 9, 2025 at 3:05 PM
9/x
Marginal income tax rates using deciles based on prior year’s incomes, for example:
First $74,500 (bottom 50th): 0%
Anything over $200,000: 20%
$74K - $106K: 5%
106K - $169K: 10%
$169K - $200K: 15%
No deductions.
Marginal income tax rates using deciles based on prior year’s incomes, for example:
First $74,500 (bottom 50th): 0%
Anything over $200,000: 20%
$74K - $106K: 5%
106K - $169K: 10%
$169K - $200K: 15%
No deductions.
"Don't Tax The Poor" is far more attainable and effective than "Tax The Rich."
It would vastly empower the working class, which is why the Democrats will never promote it. The donors they work for (the same donors who fund the RNC) installed them to ensure the working class remains the underclass.
It would vastly empower the working class, which is why the Democrats will never promote it. The donors they work for (the same donors who fund the RNC) installed them to ensure the working class remains the underclass.
April 2, 2025 at 3:39 PM
"Don't Tax The Poor" is far more attainable and effective than "Tax The Rich."
It would vastly empower the working class, which is why the Democrats will never promote it. The donors they work for (the same donors who fund the RNC) installed them to ensure the working class remains the underclass.
It would vastly empower the working class, which is why the Democrats will never promote it. The donors they work for (the same donors who fund the RNC) installed them to ensure the working class remains the underclass.
America doesn’t have a $36 trillion debt. The federal government is the sole issuer of the US dollar. It doesn’t borrow its own currency. It can’t. Every dollar in the economy is on the government’s balance sheet as a debit and in our accounts as credits. The government’s deficit is our surplus.
March 30, 2025 at 8:30 PM
America doesn’t have a $36 trillion debt. The federal government is the sole issuer of the US dollar. It doesn’t borrow its own currency. It can’t. Every dollar in the economy is on the government’s balance sheet as a debit and in our accounts as credits. The government’s deficit is our surplus.
No federal agency has "borrowed" anything from the Social Security trust fund to “pay for” anything.
Taxes don’t fund spending.
Taxes don’t fund spending.
March 30, 2025 at 8:24 PM
No federal agency has "borrowed" anything from the Social Security trust fund to “pay for” anything.
Taxes don’t fund spending.
Taxes don’t fund spending.
I'm all for high marginal tax rates as a means of solving for wealth and income disparity, which is a nice way of saying "poverty." However, not taxing the poor is a better policy than taxing the rich.
March 30, 2025 at 8:17 PM
I'm all for high marginal tax rates as a means of solving for wealth and income disparity, which is a nice way of saying "poverty." However, not taxing the poor is a better policy than taxing the rich.
Most government agencies could run on auto-pilot. You'd only need a skeleton crew as humans at the switch.
Here's one example. If they simplified the tax code the IRS could be reduced to a hundred or so.
Here's one example. If they simplified the tax code the IRS could be reduced to a hundred or so.
March 15, 2025 at 6:29 PM
Most government agencies could run on auto-pilot. You'd only need a skeleton crew as humans at the switch.
Here's one example. If they simplified the tax code the IRS could be reduced to a hundred or so.
Here's one example. If they simplified the tax code the IRS could be reduced to a hundred or so.
Please stop promoting "deficits bad, surplus good"
Every dollar in the economy was deficit spent by the federal government. Our money supply is on the government's books as "debt."
They are the exclusive currency issuer of the US dollar.
We are all currency users of the US dollar.
Every dollar in the economy was deficit spent by the federal government. Our money supply is on the government's books as "debt."
They are the exclusive currency issuer of the US dollar.
We are all currency users of the US dollar.
March 9, 2025 at 4:37 PM
Please stop promoting "deficits bad, surplus good"
Every dollar in the economy was deficit spent by the federal government. Our money supply is on the government's books as "debt."
They are the exclusive currency issuer of the US dollar.
We are all currency users of the US dollar.
Every dollar in the economy was deficit spent by the federal government. Our money supply is on the government's books as "debt."
They are the exclusive currency issuer of the US dollar.
We are all currency users of the US dollar.
The epitome of American politics.
1. Big Money donates to campaigns
2. Policy benefits Big Money
Doesn't matter who's in charge, it's always pay-to-play. The current guy is dumb enough to assume crypto has any real value.
GOP Congress: Too dumb to know they are the monopoly issuer of US dollars.
1. Big Money donates to campaigns
2. Policy benefits Big Money
Doesn't matter who's in charge, it's always pay-to-play. The current guy is dumb enough to assume crypto has any real value.
GOP Congress: Too dumb to know they are the monopoly issuer of US dollars.
March 7, 2025 at 3:24 PM
The epitome of American politics.
1. Big Money donates to campaigns
2. Policy benefits Big Money
Doesn't matter who's in charge, it's always pay-to-play. The current guy is dumb enough to assume crypto has any real value.
GOP Congress: Too dumb to know they are the monopoly issuer of US dollars.
1. Big Money donates to campaigns
2. Policy benefits Big Money
Doesn't matter who's in charge, it's always pay-to-play. The current guy is dumb enough to assume crypto has any real value.
GOP Congress: Too dumb to know they are the monopoly issuer of US dollars.
I guess I was wrong.
March 3, 2025 at 9:50 PM
I guess I was wrong.