David Streitfeld's well-researched obituary for the Tech Resistance in the New York Times. No doubt everyone is now working quietly for change from within.
https://www.nytimes.com/2018/06/01/technology/tech-california-primary-election.html …
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Replying to @Pinboard
What I don't understand is, if nurses or construction workers or the police decide to endorse someone everyone treats it as a totally normal thing to do, but (Ron Conway aside) for some reason tech leaders are super hesitant to endorse candidates.
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Replying to @derivativeburke
You're comparing unions and professional associations to plutocrats.
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Replying to @Pinboard @derivativeburke
Unions should be pro-growth because their pensions haven’t made the expected 7.5% ROR in the last two decades or so except for the last year, when Trump juiced global equities markets with corporate tax cuts. Their retirements are either not going to get paid or they’re going to
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Eat the general fund, crowding out other basic public services.https://gspp.berkeley.edu/research/working-paper-series/pensions-in-the-trenches-are-rising-city-pension-costs-crowding-out-public …
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If we cut the expected rate of return to 6.5% from 7.5%, then our unfunded liabilities grow to $9B. https://mysfers.org/wp-content/uploads/SFERS_AnnualReportwCover_FY17_Website.pdf …
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