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Cake day: July 1st, 2023

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  • Between 1980 and 2015, The catholic church paid over $275 million of compensation to victims of child sexual abuse in Australia.

    In the US, they spent over $300 million on costs related to clergy abuse. In one year.

    To put that into perspective, imaging earning minimum wage in the US, full time hours. Now imaging working for 50 years, saving every single cent you make. You haven’t earnt enough to cover a single day of those costs.

    All in all, http://www.bishop-accountability.org claim that the church has paid about $4 billion on child sexual abuse cases. This doesn’t include the money they spent moving paedophiles around the world so that they can continue to abuse kids.

    But we may never know how much money the church really has, because they are actively hiding assets to minimise their value, in an attempt to limit the amount they have to pay to the victims of their crimes.




  • The collapse of Silicon Valley Bank caused a bit of a stir in the venture capital world. Things used to be able to be horrifically unprofitable for a reasonably long time before vulture capital would swoop down and tighten the thumbscrews.

    Now that “normal” banks are the ones dealing with the finance side of VC, they seem to care about profits, and that if you’re not squeezing every cent you can out of your investment, then it’s a failure.

    Or, like, whatever. Just kinda how I feel about it…