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Posts by Matt Cropp

At Long Last, InfoWars Is Ours
By Bryce P. Tetraeder, CEO, Global Tetrahedron

At Long Last, InfoWars Is Ours By Bryce P. Tetraeder, CEO, Global Tetrahedron

We have a deal. theonion.com/at-long-last...

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The energy requirements of parenting are wild. It can't be Sunday night! I haven't rested yet!

2 days ago 196 20 12 3

Started while I was picking up seeds at Gardener's...😭

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bsky.app/profile/matt...

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I'd like to see a map with a 58-78 range.

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TIL about some evil.

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It sucks to have a whole small rural community's economic future subject to the whims of one clearly deranged rich guy whose wealth insulated him from experiencing consequences.

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Hoooonk!

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I like to imagine that Zohran Mamdani, Socialist African-born Muslim, was literally willed into existence by the collective psychosis of the Tea Party GOP over Obama, like the ectoplasm under NYC in Ghostbusters II

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Capital will recreate ghosts of your past to exploit you via simulacra that reify its own spectacle as accumulation long after you have been fired only to stage you for further exploitation later. There’s no punchline here.

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My grandma worked in a shipyard in New England as a summer job during the War, and had stories about carpooling with carnies.

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My impression is that the more modern understanding of them makes them seem way cooler than when it was a third stringer when we were kids.

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Howdytoons - Spinosaurus
Howdytoons - Spinosaurus YouTube video by HowdytoonsVEVO

www.youtube.com/watch?v=6cQi...

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One of my preschooler's favorite jams (he's a spinosaurus fan).

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bsky.app/profile/matt...

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We are all trapped in the belly of a horrible machine, and the machine is bleeding to death. Plus the president just shot it like six times for some reason

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I open up my wallet and it's full of MelaniaCoin

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One of my best toddler parenting moves was to buy myself a cheap commuter kick scooter to keep up.

Now that he's 3, we now scoot together several times per week...

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I remember @doctorow.pluralistic.net saying something like the only thing people 100 years from now will think about us is why we didn’t do anything about climate change. All of the things we think are important and historic today, they won’t care.

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"They're posting on Bluesky about ESOPs!"

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*common forms

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Preview
Louis O. Kelso - Wikipedia

The originator of the ESOP was an interesting dude who gave a lot of thought to how financial bootstrapping might...

en.wikipedia.org/wiki/Louis_O...

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Sale price is restricted to "fair market values" as defined by the IRS, so an ESOP buyer can't outbid a strategic buyer in a competitive context.

OTOG, the 1042 rollover, which allows sellers to defer capital gains taxes on sales to ESOPS & worker co-ops, does put a favorable thumb on the scale.

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The firms themselves are shown to be more productive and profitable than investor-owned peers. A major structural constraint is the inability to raise equity in common for without eroding the employee ownership.

bsky.app/profile/lord...

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British style EOTs tend to common the market value of the company and only share profit with employees, while value accrues to American ESOP participants via increase in firm valuation.

We're just starting to see EOTs/PPTs gain a toehold in the US. First one was created in my state in 2025.

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The dreamy version that I'm not holding my breath for (from a political feasibility perspective) is the Employee Ownership Bank bill that @sanders.senate.gov has been pushing for the past 20 years or so.

$500MM capital and right of first refusal... www.congress.gov/bill/115th-c...

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American Ownership and Resilience Act Introduced in Congress The American Ownership and Resilience Act would create an investment facility within the Commerce Department to provide financing for sales to ESOPs and worker coops.

The most politically likely proposal to do this creates an EO-focused version of the SBIC structure. www.nceo.org/employee-own...

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Does this account for EV substitution vs more efficient average ICE vehicle?

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Love 2 address a supply constraint by reducing the incentive for conservation, paid for by infrastructure capital funds.

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