• @o7___o7
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    181 month ago

    Oof, that DEAL act thingy looks gross.

    That would take us right into Albanian pyramid scheme territory.

    • Mii
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      181 month ago

      Developing and Empowering our Aspiring Leaders (DEAL) Act

      That can’t possibly be the actual name of that thing. It sounds like something out of North Korea. The fuck are these people smoking?

      • @swlabr
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        161 month ago

        It’s something of a tradition to occasionally frankenstein together a backronym for bills/acts. Feel free to search “worst US backronyms” or similar for more!

        • Mike Knell
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          171 month ago

          @swlabr @mii One of the most notorious is the USA PATRIOT Act - Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act. Really.

          Its counterpart in UK legislation is the Terrorism Act 2000, which manages to be both more informative and much, much shorter.

        • jlow (he/him)
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          91 month ago

          There’s a venn diagramm with politicians and astronomers and the overlap is god-awful acronyms? TIL!

    • ℍ𝕂-𝟞𝟝
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      81 month ago

      Is there any reporting on it? I can’t find literally any article beyond the raw text.

  • @BlueMonday1984
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    161 month ago

    I’d be happy if the VCs responsible for this bubble died penniless, but I’ll take them losing a lot of money

  • Christopher Wood
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    111 month ago

    As usual, the business fundamentals thing happens after the compensation has been paid out.