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Joined 2 years ago
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Cake day: September 13th, 2023

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  • Well of course it’s debt, but the debt is guaranteed by Ellison’s personal Oracle stock. Which means that:
    One - if the new Paramount/WB gets in to trouble (always a possibility with any media company) He might be required to sell chunks of his Oracle stock which would lower their value getting him in a destructive spiral of having to sell off increasing amounts Oracle stock at increasing lower values just to cover his personal loan. Which would leave Oracle open to a stock holders lawsuit too.
    Or (and I think this is the much likelier scenario) - There’s a AI stock crash and now David Ellison and the new Paramount/WB is left holding the bag for a shit ton of Oracle stock which is now worthless and are scrambling to pay stockholders.
    Either way I’d expect a suit from anyone holding Oracle stock pretty soon.














  • 1993 - Bill and Hillary - Just suggesting that they might be interested in a Public Heath option led to a backlash and the Democrats losing 54 seats in the house and 8 Senate seats in the midterms.
    2000 - Al Gore - It wasn’t a huge pillar of Gore’s platform but he did campaign on his plan to extend Medicare to pay for prescription drugs, to work for a sensible universal health-care system
    2004 - John Kerry - Honestly it really didn’t change his chances but it didn’t help.
    2008 - Barrack Obama - He did win and his health plan, which was just a reskin of the Massachusetts health plan, and he even got it through (He did have a Trifecta). But in 2010 the backlash lead to Democrats loosing 63 seats in the house and 7 seats in the Senate.
    2012 - It was a squeaker and Obama held on but the Kerry campaign was kind of handicapped by the fact that he was the One who pushed through the Massachusetts health plan.
    2016 - Well all of the ‘Medicare for all’ candidates in the Democratic primaries lost to Biden so there too.

    History didn’t start in January 2017 with Trumps election. This problem has been rotting in Americas heart for close to a hundred years