[–] 9 points 2 years ago

FCC will now be led by Repubs, who like data caps, more mergers, not treating the Internet as a utility, blocking municipal networks, and ignore listening to public comment, and flood the zone with fake comments on issues that are popular.

The biggest expansion in fiber networks in the US was coming down the pipeline due to Biden's infrastructure bills. The Republicans will do everything they can to slow and stop this money from its intended purpose.

Any hope of huge improvements in America's internet infrastructure just went away with the Dem administration in order to improve ISP stock prices, meaning the Internet you are currently unhappy with will only get more expensive with less competition.

As intended, by how Americans voted.

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  • [–] 121 points 2 years ago (14 children)

    Hedge fund gobbled for raping capital.

    Forced sale by Darden by activist (hedge) investors.

    New hedge fund owned RL company immediately sells all its property (land & buildings) to separate property company owned by hedge funds.

    Big dividends for hedge funds! Billions sucked out of company into shareholder pockets.

    New RL then leases all properties, incurring higher costs (now paying rent!)

    Pandemic.

    5 year leases all up! Property company raises rent!

    RL can't afford higher rent on all locations, no longer has capital to borrow against (all sold 5 years ago), and goes bankrupt.

    MBAs are destroying the world.

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  • [–] 2 points 2 years ago

    Thanks for sharing.

    For those that don't know, Voyager (a great Lemmy client), gives a special icon for new users under 30 day, with a day counter.

    It's useful to identify brand new accounts.

    More often then not, they are disingenuous.

    For those that don't use Voyager, it is helpful to comment identifying them as such, so others are more wary.

    Have a great day!

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