The new thing is being able to have unlimited growth starting at birth, not capped at $35k like 529 rollover.
But yeah he didn’t think up some grand new idea haha as if that would even be possible
I doubt trump came up with anything at all. This was likely someone else’s idea the knew they had a good chance of getting it into law by polluting it with trump’s stupid name on it.
It is a delicate balance posting detailed information here on Lemmy. I’ve been downvoted for posting too much info so a level of brevity is a necessity to communicating here. I assumed everyone knew that inflation occurs over 65 years of life. I gave one example of calculations to show the impact on saving early these accounts allow. Further scenarios or depth are left as an exercise to the reader.
Do you want kids watching it too? How about Bluey throwing Nazi salutes or Paw Patrol using racial slurs? Even worse if you were looking to buy a legitimate cartoon for your kid, there would be nothing to tell you which you were buying. Anyone could claim full ownership of these characters and sell them doing horrible stuff and nothing you do as a parent could protect your kids unless you first bought each, then watched it yourself, before your kid watched it.
Which, by the way, is achievable with a 529 account, which has been around for a long time. Any funds not used for education can be rolled into an IRA in adulthood.
Thats incorrect.
First, rolling unused 529 funds into an IRA was only achievable with the passage of the SAVE act in 2024 (just 2 years ago) this function hasn’t been around for a long time. Second, the lifetime maximum dollars you can roll in is capped at $35k. I don’t think many would consider that enough for retirement. source
He does nothing for altruistic reasons.
I completely agree with this statement.
if it appears to benefit others, it is either a side effect, or a useful illusion.
Side effect in this case. He gets to put his stupid vanity name on something, and his buddies in the investment industry get a new channel for investment funds.
The entire notion of ‘Intellectual Property’ is a cancer on society.
Intellectual property is a term that wraps a whole bunch of things (copyright, trademarks, patents). Are you fully aware of the impact how abolishing all IP would negative affect society?
Copyright prevents the KKK from producing and selling Pokemon cartoons with Pikachu supporting stupid shit like white supremecy propaganda. Are you sure you want that protection gone?
Information and ideas intrinsically accrue value the more they’re known and used, and the incentives provided around their collation and attribution should embody that, not punish them with imaginary locks that provide ownership.
Lets just take the patents portion of IP for a moment. The first part of what you’re asking for here is exactly what patents do. To have something patented, the patent holder has to fully document the machine/process/method to create the patented item. This is that mechnism that enables the “more known and used”. Society gains this knowledge because the owner fully shares it. A design patent can last for only 14 or 15 years (depending on filing date). The longest type of patent (Utility) lasts only 20 years. After as few as 14 years everyone can use this knowledge without any fees/restrictions/payments.
This is a be-careful-what-you-wish for situation with what you’re asking for here. There are companies choosing NOT to file patents anymore and simply keep their methods secret. Since they methods aren’t patented they are under no obligation to ever share them publicly. There is a very real chance that many of these technologies/methods may be unknown to society at large for long after the term of normal patent protection would have expired and society would have been able to use the knowledge.
EDIT: I was trying to think of a good example of a company that agrees with your stance about not patenting and I remembered one. Elon Musk is choosing not to patent SpaceX rocket engines because it would force him to document how they work. Instead they are just keeping the designs secret. So your desire to not have patents used are advocating for what Elon Musk does.
I hate the trump spilled his whole stupid name across these IRS tax law supported accounts, but the accounts themselves are an incredible resource for kids future.
Here’s an example. Age 65 is when many retire. Lets say these accounts existed when our example retiree was born. If there was a single one-time deposit of $1000 in the year of their birth in 1961, those funds were put into a boring S&P 500 fund, and never another contribution besides that first one for their entire life. The retiree would have $687,502 in retirement savings today in 2026. That’s three times the median of most retirees, and all with only a single $1000 saved for retirement.
This is “open” source and it was the main reason it got forked (lots of proprietary bits included as binary, impossible to send a PR, obfuscated code)
Wasn’t this methodology the whole reason GPL 2 evolved to GPL 3 because Tivo was doing this exact thing? They used the underlying open source free work of others, but then wrap their own contributions in priopriatry binaries not distributed with source code. This method wasn’t in violation of the letter of GPL rules even though it was clearly a violation of the spirit of the GPL rules.
How are they able to skirt the GPL 3 rules this time?
I certainly understand why folks don’t what that in their backyard. However, that sounds like a really great source of free heat to tap for commercial scale greenhouses in the winter time. I see theres a small deployment of this in Paris.
Why did they think they could do crime to procure a signature on a contract which will be binding in the eyes of the law? Did they think the contract was a spell, and the signature a magical incantation to break the spell?
Prosecutors allege rapper Pooh Shiesty, born Lontrell Williams Jr, led the ambush under the guise of a meeting, holding Mane captive inside a recording studio and forcing him to sign papers releasing him from his contract.
Wow, not smart to do this at a recording studio which likely has cameras all over the place.
“Within hours of leaving the Dallas studio, a number of the defendants were on social media displaying some of the items that appeared to be the jewellery that had been robbed from the victims,” Raybould said.
So self incrimination too, nice.
I remember swtich grass being a thing but looking into it it seems like they have not really solved the problems of breakdown.
There’s two ways main bases to make ethanol at scale:
The sugar path is what we’re doing everywhere with corn and elsewhere with sugar cane/beet waste. The switch grass is a cellulose path, but switch grass isn’t the only feedstock that can be used. Its talked about the most because switch grass is really easy to grow.
Industrial cellulose ethanol is still only a tiny industry with only 3 commercial scale plants in operation today in the world (2 in Brazil, 1 in China). It has promise to be more, but its been small for decades.
The biggest push for cellulose approach is for making Sustainable Aviation Fuel (SAF).
Now you can get biofuel from soybeans, but you need to crush and process them first, and it’s more expensive and time consuming than corn-based ethanol.
For clarity, if you’re growing soybeans for biofuel most efficiently, you’d use it as biodiesel. You get much more energy out of it that way.
Yes, you could instead take those soybeans crush, process, and ferment them into ethanol, but you get far less energy out only yielding about 25% more energy than it takes to grow the soybeans to begin with, far lower than using soybeans as diesel fuel.
Surely there has to be some way of mitigating the ecological damage.
Absolutely there is for most rare Earths or critical minerals!
Although I’m sure it’s “too expensive”.
Yep. Or rather, it is far cheaper to accomplish if you don’t give a shit about the environment.
First, I think we both don’t like the Pi5. So we are in agreement on that. If you want we can stop right there on the same page.
I’m not sure why you’re referring to the Pi4
My first post in this thread was talking about Pi low power and small physical size. I was talking about all Raspberry Pis in general. I never put forth the Pi5. You did when you raised the 5V5A requirement. That exists only on the Pi5. You’ll also see in that first post of mine is where I disavowed any recommendation of Pi5.
You then went on in your next post about Raspberry Pis needing active cooling and heat sinks. Again, that is only the Pi5, which again, I said I don’t support.
So if you’re wondering why I keep talking about Pi4 and below is because those are the ones I like. In this thread you keep posting facts about Pi5 (without pointing out that those only apply to Pi5), and so that’s why I keep referring to Pi4 (and below).
You say you don’t use or recommend the Pi5 and yet you’re seemingly arguing that its power supply requirements aren’t a big deal and that improvements should absolutely not be made to it.
I’m arguing power supply requirements shouldn’t be made to Pi4 (or below). I don’t use Pi5.
Might have been lying then but it’s pure fantasy to attribute his conviction to the rap lyrics.
According to the article, there is no mention about his writings to convict him.
The writings were only introduced after conviction during sentencing.
As far as heat goes, these devices already need heatsinks and case fans, so the difference seems negligible.
Pi 4 and below don’t require active cooling. I want to keep it that way.
Also, good luck using a Pi5
Again, I offer no defense of Pi5. I don’t use it and don’t recommend it.
China is the only real supplier of Gallium
Like many other critical materials and rare Earth’s (of which Gallium isn’t one), the USA has sizable deposits of the materials. What we lack is the ability to refine it usually because the process to do so is so ecologically toxic.
Low power draw but ridiculous power supply requirements of 5V5A (depending on the model) with a USB-C connector which isnt a thing outside of this specific application meaning they’re going to be expensive and hard to source.
That’s only for the Pi 5 (the highest end unit), and I’ll agree that at that level its hard to justify a Pi over a larger computer. Even for the Pi 5 its not that hard to find those Power Supplies. Most laptops today use power supplies that meet or exceed those specs. You’re right that those are more expensive than Pi 4 and below Power Supplies.
They should have just done a barrel plug or put an effing voltage regulator on board like Arduinos.
Again, no defense of Pi 5 from me. However, for everything below Pi 5, HARD PASS on a voltage regulator. I don’t want that heat in the tiny Pi case. At the lower power requirements of Pi4 and below USB power is fine.
I mean, that wasn’t the first rename for silly reasons. There is a long tradition of this for Oracle DB naming. That “c” in 23c meant “cloud”. Nothing about the DB 23c required it to installed or run in the cloud. That was in 2012 with DB 12c. Before that in 2003 it was “g” in DB 10g for “grid” (remember the grid computing hype?). Before that in 1998 it was “i” in DB 8i for “internet”.
Pi is also a fraction of the power consumption (meaning also heat dissipation requirements) and physical size.
Can you talk about what are those effective alternatives that have been suppressed you are referring to as a replacement for the current IP scheme?