• o7___o7
    link
    fedilink
    English
    arrow-up
    19
    ·
    2 years ago

    Oof, that DEAL act thingy looks gross.

    That would take us right into Albanian pyramid scheme territory.

    • Mii
      link
      fedilink
      English
      arrow-up
      18
      ·
      2 years 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
        link
        fedilink
        English
        arrow-up
        16
        ·
        2 years 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@blat.at
          link
          fedilink
          arrow-up
          17
          ·
          2 years 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)@beehaw.org
          link
          fedilink
          English
          arrow-up
          9
          ·
          2 years ago

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

  • BlueMonday1984
    link
    fedilink
    English
    arrow-up
    17
    ·
    2 years ago

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

  • cwood
    link
    fedilink
    English
    arrow-up
    12
    ·
    2 years ago

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