[ExI] new yellow flag

[William Flynn Wallace]

Conspicuous altruism   spike
Love it!  But maybe it qualifies as an oxymoron.   bill w

On Mon, Nov 21, 2022 at 9:54 AM spike jones via extropy-chat <
extropy-chat at lists.extropy.org> wrote:

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> A powerful senator asked for leniency for Theranos fraudster Elizabeth
> Holmes.  She defrauded billions from investors but the good senator assured
> the judge that she was a thoughtful philanthropic individual seeking to
> make the world a better place.  Hmmm, that sounds familiar, where else did
> we hear that last week?  Oh right, Sam Bankman-Fried was also a
> philanthropic individual, skilled at retail politics and so on.  OK then,
> we see a clear pattern here.
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> When any charismatic CEO starts going on about wanting to save the world,
> that CEO wants to liberate your money thru the expediency of buying the
> loyalty of politicians, making their personal bank balance a better place.
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> Conspicuous altruism has now become the new yellow flag for investors, or
> perhaps for those of us who are now living and observant, it becomes the
> new orange flag.
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> spike
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