Friday, August 26, 2022

Creepy PEUs Seeking Immortality


Why is it the creepiest people want to live forever? 

Jared Kushner says he's keeping trim because he believes there's a chance he'll live forever.

Peter Thiel is on a mission to change the world through technology – and to find a cure for death.

Fee earning AUM in perpetuity for Peter Thiel (Founders Fund and Mithral Capital) and Jared Kushner (Affinity Partners).  That way they don't have to meet their maker and atone for their greed and misdeeds on this earthly plane.

Imagine private equity underwriters (PEU) waking up day after day, scheming to turn their billions into trillions at the expense of others.  Surprise medical billing, nursing home deaths up 10%, hollowed out local newspaper reporting, funneling money to Congress to keep PEU preferred "carried interest" taxation, finding PEU candidates for public office, the list goes on and on in a Greed-filled Groundhog Day. 

If Jared Kushner and Peter Thiel can live forever so can carried interest.  My rumination syndrome just returned.  

Politicians Red and Blue love PEU and increasingly, more are one.  Together the immoral can become immortal.

Update 8-29-22:  Imagine being able to permanently fund political campaigns in secrecy.

Update 11-25-22:  Peter Thiel backed "freedom loving" bank GloriFi burned through $50 million in investment money, laid off most of its staff on Monday, and informed workers it was shutting down.

Update 11-28-22:   While tech giants pursue immortality they may end life for the rest of us.  Extinction is on the table.

“People survive by passing information between themselves.  We’re putting that fundamental quality of humanness through a process with an inherent incentive for corruption and degradation. The fundamental drama of this period is whether we can figure out how to survive properly with those elements or not.”

Update 3-9-23:  Hollywood's new preferred villain is an:

...immediately recognizable type we've grown well acquainted with: a visionary (or so everyone says), a social media narcissist, a self-styled disrupter who talks a lot about “breaking stuff.”

So why do voters keep electing them? 

Update 8-27-23:   "Tech execs are buying $150,000 red light therapy beds and $70,000 hyperbaric chambers."  How lovely.

They may be behind large land purchases next to a California Air Force Base. 

Update 9-24-23:   A Greek economist says capitalism has been replace by technofeudalism. I'll amend that to PEUdalism.