Sign in to follow this  
Shortforbob

Wealth

Recommended Posts

Pre Davos OxFam report' s out.

Staggering.

The report found the richest 22 men in the world own more wealth than all the women in Africa.

Just think about that for a moment.

https://www.abc.net.au/news/2020-01-20/australia-billionaires-wealth-ric-oxfam-davos/11877372

 

Oxfam said taxing an additional 0.5 per cent of the wealth of the richest 1 per cent over the next 10 years is equal to investments needed to create 117 million jobs in education, health, elderly care and other sectors to close care deficits.

Ms Morgain said Oxfam had calculated that developing countries lose an estimated $US100 billion a year in tax revenue as a result of tax avoidance by multinational corporations.

Share this post


Link to post
Share on other sites

They earned it. Every penny.

Why do you resent their success?

Share this post


Link to post
Share on other sites

With a few notable exceptions, the billionaires act. 

not as if they wanted more money, but as if 

they want ALL the money. 

Share this post


Link to post
Share on other sites
3 minutes ago, AJ Oliver said:

With a few notable exceptions, the billionaires act. 

not as if they wanted more money, but as if 

they want ALL the money. 

They wouldnt be billionaires if they didnt sell something you wanted...

Share this post


Link to post
Share on other sites
7 minutes ago, warbird said:

They wouldnt be billionaires if they didnt sell something you wanted...

is that how it works?

 

 

Share this post


Link to post
Share on other sites
11 minutes ago, warbird said:

They wouldnt be billionaires if they didnt sell something you wanted...

Quaint notion, but incorrect.

They wouldn't be billionaires if they didn't lobby the government to give their business favorable rules... or, in many cases, they -are- the government

- DSK

  • Like 3

Share this post


Link to post
Share on other sites
13 minutes ago, warbird said:

They wouldnt be billionaires if they didnt sell something you wanted...

whole lot of rent seeking going on . . "moats", as Mr. Buffet calls them. 

But you don't know that, do you. 

Share this post


Link to post
Share on other sites
10 minutes ago, warbird said:

They wouldnt be billionaires if they didnt sell something you wanted...

 

3 minutes ago, MR.CLEAN said:

is that how it works?

 

 

 

1 minute ago, Mismoyled Jiblet. said:

:lol:

7 or 8 years ago a brother returned fom mineral exploration in Central America.  Running up a river in skinny boats in the heart of jungles they passed an indigenous village. Grass huts, communal fire, a people with nothing, naked to the world. One native stood by the river side........talking on his cell phone. 

Share this post


Link to post
Share on other sites
1 minute ago, AJ Oliver said:

whole lot of rent seeking going on . . "moats", as Mr. Buffet calls them. 

But you don't know that, do you. 

Know? Wardodo cheers on giving a sweetheart deal that costs the state money so a Taiwanese billionaire can build a mostly empty factory and toss some shifty jobs ‘sconnie way. He knows what’s happening, he thinks up is down

Share this post


Link to post
Share on other sites
7 minutes ago, warbird said:

7 or 8 years ago a brother returned fom mineral exploration in Central America.  Running up a river in skinny boats in the heart of jungles they passed an indigenous village. Grass huts, communal fire, a people with nothing, naked to the world. One native stood by the river side........talking on his cell phone. 

:lol: Such a sack of shit story told to keep dumb rubes in the us ignorant 

Share this post


Link to post
Share on other sites
12 hours ago, Shortforbob said:

 

The report found the richest 22 men in the world own more wealth than all the women in Africa.

 

22 husband options..........

Guys should be so lucky:lol:

Share this post


Link to post
Share on other sites
25 minutes ago, warbird said:

 

 

7 or 8 years ago a brother returned fom mineral exploration in Central America.  Running up a river in skinny boats in the heart of jungles they passed an indigenous village. Grass huts, communal fire, a people with nothing, naked to the world. One native stood by the river side........talking on his cell phone. 

Was your brother driving gravel trucks there?  Asking for a friend.

Share this post


Link to post
Share on other sites
17 minutes ago, Ed Lada said:

Was your brother driving gravel trucks there?  Asking for a friend.

Gold...

Then cacao

Now gold and cacoa and gravel trucks.....

Share this post


Link to post
Share on other sites
2 minutes ago, warbird said:

Gold...

Then cacao

Now gold and cacoa and gravel trucks.....

Wow, two of those three generally involve child and/or slave labor. 

Why not go for the Trifecta ? 

Share this post


Link to post
Share on other sites
2 minutes ago, warbird said:

Gold...

Then cacao

Now gold and cacoa and gravel trucks.....

Cacao, do you mean coke, white gold?  ;)

Share this post


Link to post
Share on other sites
36 minutes ago, AJ Oliver said:

Wow, two of those three generally involve child and/or slave labor. 

Why not go for the Trifecta ? 

Truck pedals are hard for kids to reach.......or not

 

Share this post


Link to post
Share on other sites
4 minutes ago, warbird said:

Pedals are hard to reach.....

Those are good examples of how some humans (if one can even call them that) get rich by 

making others poor and exploiting them,  

and is a major reason why unregulated capitalism tends to descend to the level of viciousness. 

Share this post


Link to post
Share on other sites
10 minutes ago, AJ Oliver said:

Those are good examples of how some humans (if one can even call them that) get rich by 

making others poor and exploiting them,  

and is a major reason why unregulated capitalism tends to descend to the level of viciousness. 

A few, very few, of our thoughtful Wealthy and Wise know that unregulated capitalism is always followed by unregulated revolution. Pay now or later.

  • Like 1

Share this post


Link to post
Share on other sites
1 hour ago, AJ Oliver said:

Wow, two of those three generally involve child and/or slave labor. 

Why not go for the Trifecta ? 

Not to mention the child kidnapping, child rape and child murder in some of those SA mining camps.

But we digress.

Idiots like Warbling bird like to cling to that myth that Billionaire earn their money. 

What they do is enable the theft and the crime that underpins almost ALL of those billionairs in one way or another with their vote. 

Share this post


Link to post
Share on other sites

Pretty sad the echo chamber stereotypes entire industries. 

Share this post


Link to post
Share on other sites
2 hours ago, Steam Flyer said:

Quaint notion, but incorrect.

They wouldn't be billionaires if they didn't lobby the government to give their business favorable rules... or, in many cases, they -are- the government

- DSK

Yep....That's what happens when government get so much power that the wealth flows to the politically connected Hunter Biden as opposed to the productive.

  • Like 1

Share this post


Link to post
Share on other sites
2 minutes ago, Dog said:

Yep....That's what happens when government get so much power that the wealth flows to the politically connected Hunter Biden as opposed to the productive.

HAS DOG EVER COME OUT AGAINST TRUMP CORRUPTION?

ASKING FOR A FRIEND.

Share this post


Link to post
Share on other sites
2 hours ago, warbird said:

They wouldnt be billionaires if they didnt sell something you wanted...

Pretty sad the echo chamber stereotypes entire industries.

 

Share this post


Link to post
Share on other sites
29 minutes ago, Mismoyled Jiblet. said:

HAS DOG EVER COME OUT AGAINST TRUMP CORRUPTION?

ASKING FOR A FRIEND.

If a president (R) does it, it is not a crime. By definition. Duh. So obviously it follows that congressional oversight is treason...or something.

Pretty sure that is the basic Dog position. Echoing Barr and the recently re-animated Dershowitz.

Share this post


Link to post
Share on other sites

Oh, it’s more than that. @Dog has whined that amazon should have gotten more subsidies from New York (explicitly enriching one of the 22) and he’s argued in favor of Trumps tariffs where, again, the government explicitly picks winners and losers via exemptions. It’s his thing - he lies and bullshits and if you argue in good faith he wastes your time with lies and bullshits, if you call him on his lies he whines. Like the orange turd in Dc the6 both get off being Shitstains

Share this post


Link to post
Share on other sites
1 hour ago, Dog said:
3 hours ago, Steam Flyer said:

 

They wouldn't be billionaires if they didn't lobby the government to give their business favorable rules... or, in many cases, they -are- the government

 

Yep....That's what happens when government get so much power that the wealth flows to the politically connected Hunter Biden as opposed to the productive.

 

Go tell Mnuchin and Wilbur Ross that, they'll appreciate the laugh. Probably "trickle down" a quarter tip for you.

Really low-level but still a matter of principle... do you think it is acceptable for Trump to order the military to stay at his hotel?

- DSK

Share this post


Link to post
Share on other sites
1 hour ago, Mismoyled Jiblet. said:

HAS DOG EVER COME OUT AGAINST TRUMP CORRUPTION?

ASKING FOR A FRIEND.

No, Dog has never criticized his boy Shitstain's corruption. Like our other elk, Dog strongly favors and defends Shitstain's corruption. It has something to do with pissing of liberals but that's about as deep as it gets.

Share this post


Link to post
Share on other sites

I think it gets a little deeper. The fundamental conceit of the @Dogs and elk is the law is supposed to protect people like them and punish others. That’s it’s only purpose.

Share this post


Link to post
Share on other sites
4 hours ago, warbird said:

 

 

7 or 8 years ago a brother returned fom mineral exploration in Central America.  Running up a river in skinny boats in the heart of jungles they passed an indigenous village. Grass huts, communal fire, a people with nothing, naked to the world. One native stood by the river side........talking on his cell phone. 

Crap, I have trouble getting cell service where I live just west of Jacksonville.  

Share this post


Link to post
Share on other sites

I used to be wealthy.  Then I discovered sailboats and started racing them.  Whoa!

  • Like 2

Share this post


Link to post
Share on other sites
7 minutes ago, bridhb said:

Crap, I have trouble getting cell service where I live just west of Jacksonville.  

The funny part is the guy was ordering a pizza.

Share this post


Link to post
Share on other sites
2 minutes ago, Cal20sailor said:

The funny part is the guy was ordering a pizza.

With anchovies, ham and pineapple?

Share this post


Link to post
Share on other sites

Ever go to the Cayman Islands and wonder who lives in all those giant villas near the beach? I asked once. Almost all of them are empty. One cost $35 million. Another was built for $42 million. The owner never even has stepped foot in it. It’s a tax shelter for the Uber rich and corporations. There are dozens of these on the island. 
wealth creates wealth. We will never get that. 

Share this post


Link to post
Share on other sites

Most people are 3-6 months away or less from complete financial ruin and homelessness in the event of a major catastrophe. Loss of job, loss of higher earning spouse, cancer, health issues, etc. etc.

The odds of that happening to anyone in the next 3-6 months are MUCH higher than the odds that they will suddenly be rocketed to the stratosphere of the multi-billionaires.

People really should vote accordingly. But Republicans do not.

Share this post


Link to post
Share on other sites
56 minutes ago, dacapo said:

Ever go to the Cayman Islands and wonder who lives in all those giant villas near the beach? I asked once. Almost all of them are empty. One cost $35 million. Another was built for $42 million. The owner never even has stepped foot in it. It’s a tax shelter for the Uber rich and corporations. There are dozens of these on the island. 
wealth creates wealth. We will never get that. 

It's trickling down.

It'll reach you soon... real soon.

Share this post


Link to post
Share on other sites
6 hours ago, warbird said:

They wouldnt be billionaires if they didnt sell something you wanted...

Too bad they don't sell functioning brains - I'd buy one for you.

Share this post


Link to post
Share on other sites
3 minutes ago, SloopJonB said:

It's trickling down.

It'll reach you soon... real soon.

Money is like water... it is self leveling and you never can have more than you can  handle... it always finds its way back to the proper hands...

Share this post


Link to post
Share on other sites
47 minutes ago, SloopJonB said:

Too bad they don't sell functioning brains - I'd buy one for you.

Don't waste your dollar. Buy a lotto ticket instead. Your chances are better.

Share this post


Link to post
Share on other sites
1 hour ago, BravoBravo said:

Money is like water... it is self leveling and you never can have more than you can  handle... it always finds its way back to the proper hands...

It's a shame that you were born in the USA in this era. If you genuinely believe that money "always finds its way back to the proper hands" then you should have been a medieval peasant. You'd love bowing and scraping and sucking up to the people with "the proper hands." Think how proud you'd be when one of them fucked your daughter, or your wife.

Nowadays it's all different. They fuck you in the ass and you think the rest of us are stupid for not wanting the same treatment.

- DSK

  • Like 1

Share this post


Link to post
Share on other sites
1 hour ago, SloopJonB said:

Too bad they don't sell functioning brains - I'd buy one for you.

He still wouldn’t know what to do with it.

Unconfirmed rumor that he bets on the instant reply and still gets it wrong.

Share this post


Link to post
Share on other sites

He shouldn't - the instant reply is always "You're an idiot".

Share this post


Link to post
Share on other sites
1 hour ago, BravoBravo said:

Money is like water... it is self leveling and you never can have more than you can  handle... it always finds its way back to the proper hands...

So...for example...Soros?

 

Share this post


Link to post
Share on other sites
2 hours ago, BravoBravo said:

Money is like water... it is self leveling and you never can have more than you can  handle... it always finds its way back to the proper hands...

If you have a little.money you watch it slip through your fingers.    I’d you have a lot of money you buy a cup and collect that which the less fortunate are unable to hold onto.  

  • Like 2

Share this post


Link to post
Share on other sites
1 hour ago, El Boracho said:

So...for example...Soros?

 

Koch brothers?

Share this post


Link to post
Share on other sites
3 hours ago, B.J. Porter said:

Most people are 3-6 months away or less from complete financial ruin and homelessness in the event of a major catastrophe. Loss of job, loss of higher earning spouse, cancer, health issues, etc. etc.

The odds of that happening to anyone in the next 3-6 months are MUCH higher than the odds that they will suddenly be rocketed to the stratosphere of the multi-billionaires.

People really should vote accordingly. But Republicans do not.

Most?

  • Like 1

Share this post


Link to post
Share on other sites
14 minutes ago, jerseyguy said:

Koch brothers?

David died.  Koch brother?

Share this post


Link to post
Share on other sites
Just now, warbird said:
3 hours ago, B.J. Porter said:

Most people are 3-6 months away or less from complete financial ruin and homelessness in the event of a major catastrophe. Loss of job, loss of higher earning spouse, cancer, health issues, etc. etc.

The odds of that happening to anyone in the next 3-6 months are MUCH higher than the odds that they will suddenly be rocketed to the stratosphere of the multi-billionaires.

People really should vote accordingly. But Republicans do not.

Most?

A huge number of people are 3-6 weeks, not months from financial disaster.

But very few Americans are in a position to take a long work outage linked to a serious disease and roll with it.

Share this post


Link to post
Share on other sites
1 minute ago, Cal20sailor said:

David died.  Koch brother?

The less dead Koch?

Share this post


Link to post
Share on other sites
2 hours ago, BravoBravo said:

Money is like water... it is self leveling and you never can have more than you can  handle... it always finds its way back to the proper hands...

That quaint notion had it origins in the 18-19th centuries,  Lassez affaire Capitalism,  where the merchants wanted the governments and the monarchs of the day to stop interfering with markets and "leave them alone" to essentially self level, and it worked until the captains of commerce worked out in pretty short order that they could control market outcomes by creating supply and demand- the rich got richer protected themselves by staying close to those in power and influenced political outcomes to their or their nations favor and here we are today where where just a small miniscule percentage hold the bulk of the worlds wealth.

This of course is simplified, for instance Putin and his cronies became immensely rich in the vacuum created by the collapse of the Soviet Union-I wonder if thats what Vlad has in mind for the USA.

The below excerpt explains the concept, it will be too longer read for Wardodo and BB as it involves more that three sentences and it discusses concepts beyond their grasp but we can always try.

 

LAISSEZ-FAIRE CAPITALISM

Often, laissez-faire capitalism is also referred to as free market capitalism or market capitalism.  Simply put, laissez-faire translates to “leave us alone” meaning that the government should remain out of the economy and instead allow individuals to freely carry out their own economic affairs. Historically, laissez-faire capitalism was most common during the 18th and 19th centuries in the timeframe of the Industrial Revolution.  At the time, it was a revolutionary idea, because in the previous centuries, mercantilism had been the dominant economic system.  In general, mercantilism is viewed as an economic system that favored heavy government control and regulation.  At the time, absolute monarchs ruled over vast empires and controlled almost all aspects of the economy.  However, prominent thinkers, including Adam Smith, began to argue against mercantilism in favor of an economic system with more freedom for individuals.  The development of capitalism as an economic system, sought to reject the idea of government control of the economy and instead put the focus on individuals. On the economic spectrum, laissez-faire capitalism is a right-wing ideology that is fundamentally based on: private ownership, competition, free trade, self-reliance, self-interest, and the principles of supply and demand.
Picture
Adam Smith
Private ownership is a central principle of laissez-faire capitalism.  It is the idea that individuals should have the ability to own property, which could include: land, businesses, products, ideas, etc.  For example, during the Industrial Revolution, entrepreneurs began to use their wealth to establish privately owned factories, mines and mills.  This allowed individuals to control what they produced, how it was produced and for whom they were producing it.  Before the development of capitalism, these decisions would have been controlled by the government.  Thus, private ownership shifted the economic decision-making from the government to the people.
 

 
Competition is another central principle of laissez-faire capitalism.  Under mercantilism, the government controlled the means of production and therefore there was little to no competition.  Laissez-faire capitalism introduced the idea that individuals and businesses should compete against each other and their success should be determined by the market forces of supply and demand.  Therefore, consumers had the ability to decide the success of a business based upon whether they purchased the good or service.  Laissez-faire capitalists argued that competition benefited society in a number of ways, including: it lowered the price of goods and service as producers competed for the business of consumers, and it fostered innovation of goods and services as companies compete to outdo each other.  For example, modern companies such as Apple and Samsung compete for consumers business which causes them to innovate their phones with new features, while still trying to keep costs as low as possible.
Free trade is also a central principle of laissez-faire capitalism.  It is the idea that companies and individuals should be allowed to carry out their business without interference from the government.  In general, the government intervenes in the economy through taxation, which it collects from both individual citizens and companies.  For example, governments collect several forms of taxes including: income tax on individuals, sales tax on purchases, corporate tax on companies and tariffs on goods and services traded between countries.  The principle of free trade holds that these forms of taxation should be abolished or limited to allow the economy to operate on its own without inference.  Laissez-faire capitalists argued that it would create more economic activity in the form of trade and thus would create more wealth within a given country.
Self-reliance is another important principle of laissez-faire capitalism.  It is the idea that individuals should be responsible for their own well-being and should not rely on the government for assistance.  For example, in modern welfare capitalist states, the government provides many social programs to assist citizens.  A social program is a government-funded and program that is, in general, universally provided to all citizens of the country.  There are many examples of social programs in modern democratic nations, including: old age pensions, some form of government funded healthcare, public education, welfare, etc.  However, as stated previously, laissez-faire capitalism is in favor of people being responsible for themselves and therefore the government should not intervene in the economy in order to provide assistance.  It was argued that self-reliance would push individuals to work harder and would therefore benefit the society more as a whole.

 
Picture
 
Picture
 
Self-interest is another important aspect of laissez-faire capitalism.  Similar to self-reliance, self-interest is the idea that individuals should act, economically, in their own best interest.  Further to this idea, laissez-faire capitalists supported the idea that individuals should constantly seek to improve their own well-being over that of the collective society.  For example, self-interest is apparent in the decision-making process of most business owners during the Industrial Revolution.  They generally made decisions to increase their own wealth over the economic or personal well-being of their workers.  Regardless, laissez-faire capitalists argued that self-interest was positive for society as a whole through its indirect impacts.  For instance, when wealthy business owners acted based on self-interest they were working to improve the economic standing of their overall company.  If the company gained more income it could then use that income to hire more workers and provide more goods or services.  Therefore, the belief was that everyone acting in their own self-interest would in the end create more jobs and economic activity to improve the overall economy of a society.
The final main principle of laissez-faire capitalism is the market forces of supply and demand.  In any economy there are producers and consumers.  Producers are the individuals and companies who supply goods and services for others to purchase.  Consumers are the individuals and companies who purchase those goods and services.  In a government-controlled economy the actions of producers and consumers are heavily regulated and controlled.  However, laissez-faire capitalism holds that the government should leave producers and consumers alone and instead allow the forces of supply and demand to control the economy.  For instance, in his book ‘Wealth of Nations’ Adam Smith introduced the idea of the ‘invisible hand’.   Simply put, the ‘invisible hand’ is the idea that the market forces of supply and demand should drive the economy of a country.  Producers should be free to produce any good or service they want and consumers should be allowed to purchase any good or service.  The success of a particular good or service would therefore be conditional on its ability to appeal to a large base of consumers.  In turn, supply and demand would also be responsible for setting the price of any given good or service.  For example, if a product was in short supply, but was in heavy demand, the price of the product would be at its highest.  The reverse situation would see the price of the product plummet to its lowest possible price.  As well, supply and demand would also be responsible for setting the wages of workers.  If there are many people with the same skillset and only a few jobs, then the wage that a worker could demand would be quite low.  Whereas, if the worker has a specialized skillset that not many other possess, then he or she could demand a higher wage. Therefore, laissez-faire capitalists argue that limiting the government and allowing the forces of supply and demand to control the economy is the best means of setting appropriate prices and wages for the producers and consumers in society.
 

 

 

AUTHOR TITLE
  • 'Laissez-Faire Capitalism'
WEBSITE URL

Share this post


Link to post
Share on other sites
1 hour ago, Ishmael said:
1 hour ago, Cal20sailor said:

David died.  Koch brother?

The less dead Koch?

The good Koch brother.

Share this post


Link to post
Share on other sites
1 hour ago, Ishmael said:

The less dead Koch?

The evil that men do lives after them; the good is oft interred with their bones.

Willie Shakespeare

Share this post


Link to post
Share on other sites
Quote

Yep....That's what happens when government get so much power that the wealth flows to the politically connected Hunter Biden as opposed to the productive.

How is Invanka working out....   besides fodder for your walking, or is it Jared?

Share this post


Link to post
Share on other sites
15 hours ago, warbird said:

 

 

7 or 8 years ago a brother returned fom mineral exploration in Central America.  Running up a river in skinny boats in the heart of jungles they passed an indigenous village. Grass huts, communal fire, a people with nothing, naked to the world. One native stood by the river side........talking on his cell phone. 

That they have nothing you value does not mean they have nothing of value. 

  • Like 2

Share this post


Link to post
Share on other sites
9 hours ago, BravoBravo said:

Money is like water... it is self leveling and you never can have more than you can  handle... it always finds its way back to the proper hands...

Do you think Trump has the proper hands?

Just curious.

Share this post


Link to post
Share on other sites
11 hours ago, BravoBravo said:

Money is like water... it is self leveling and you never can have more than you can  handle... it always finds its way back to the proper hands...

sounds good until you try to deconstruct. It makes no sense whatsoever.

Share this post


Link to post
Share on other sites
10 hours ago, El Boracho said:

So...for example...Soros?

 

  1. Kim Jong Un.
  2. Muammar Gaddafi
  3. Bashar al-Assad
  4. Hosni Mubarak
  5. Ali Abdullah Saleh
  6. Zine al Abidine Ben Ali
  7. Robert Mugabe
  8. Teodoro Obiang Nguema Mbasogo

Don't worry.  We'll wait while you look them up warbird.

  • Like 1

Share this post


Link to post
Share on other sites
1 hour ago, Fat Point Jack said:
8 hours ago, B.J. Porter said:

The good Koch brother.

The less evil Koch brother.

He's dead. So he's a good Koch brother.

Share this post


Link to post
Share on other sites
11 hours ago, B.J. Porter said:

A huge number of people are 3-6 weeks, not months from financial disaster.

But very few Americans are in a position to take a long work outage linked to a serious disease and roll with it.

7 is a huge number.  41 is a huge number. 83 is huge, the hugest, very huge........

Share this post


Link to post
Share on other sites
3 minutes ago, warbird said:

7 is a huge number.  41 is a huge number. 83 is huge, the hugest, very huge........

Bigly.

Share this post


Link to post
Share on other sites
3 minutes ago, warbird said:

7 is a huge number.  41 is a huge number. 83 is huge, the hugest, very huge........

I like 7s.

I like math.

Are you aware of the universe?

Share this post


Link to post
Share on other sites
2 hours ago, Grrr... said:
  1. Kim Jong Un.
  2. Muammar Gaddafi
  3. Bashar al-Assad
  4. Hosni Mubarak
  5. Ali Abdullah Saleh
  6. Zine al Abidine Ben Ali
  7. Robert Mugabe
  8. Teodoro Obiang Nguema Mbasogo

Don't worry.  We'll wait while you look them up warbird.

?

Share this post


Link to post
Share on other sites
4 minutes ago, warbird said:

7 is a huge number.  41 is a huge number. 83 is huge, the hugest, very huge........

While you've made it clear that you don't care at all about people that aren't in your immediate family dying or having disasters, but the financial shakiness of the average working American is truth.

About one family in three is one or two paychecks from homelessness. I know, I know, "Let 'em freeze, I got mine" is your operating principle for life. But facts are facts.

https://www.marketwatch.com/story/most-americans-are-one-medical-emergency-away-from-financial-disaster-2017-01-12

https://www.cnbc.com/2019/01/23/most-americans-dont-have-the-savings-to-cover-a-1000-emergency.html

https://www.mercurynews.com/2019/08/02/real-estate-many-families-one-paycheck-away-from-being-homeless/

 

Share this post


Link to post
Share on other sites
11 hours ago, B.J. Porter said:

A huge number of people are 3-6 weeks, not months from financial disaster.

But very few Americans are in a position to take a long work outage linked to a serious disease and roll with it.

Almost every first time house buyer fits that condition but the actuaries at the banks see the possibility so small as to write loans any way. I was 3 weeks from financial disaster when I bought my first house at 23. Bu the time I was 26 I was 8 months from disaster. I guess that is part of growing up.

News: New Housing starts are up:D

  • Like 1

Share this post


Link to post
Share on other sites
3 minutes ago, B.J. Porter said:

While you've made it clear that you don't care at all about people that aren't in your immediate family dying or having disasters, but the financial shakiness of the average working American is truth.

About one family in three is one or two paychecks from homelessness. I know, I know, "Let 'em freeze, I got mine" is your operating principle for life. But facts are facts.

https://www.marketwatch.com/story/most-americans-are-one-medical-emergency-away-from-financial-disaster-2017-01-12

https://www.cnbc.com/2019/01/23/most-americans-dont-have-the-savings-to-cover-a-1000-emergency.html

https://www.mercurynews.com/2019/08/02/real-estate-many-families-one-paycheck-away-from-being-homeless/

 

That was cold.

Share this post


Link to post
Share on other sites
7 minutes ago, B.J. Porter said:

While you've made it clear that you don't care at all about people that aren't in your immediate family dying or having disasters, but the financial shakiness of the average working American is truth.

About one family in three is one or two paychecks from homelessness. I know, I know, "Let 'em freeze, I got mine" is your operating principle for life. But facts are facts.

https://www.marketwatch.com/story/most-americans-are-one-medical-emergency-away-from-financial-disaster-2017-01-12

https://www.cnbc.com/2019/01/23/most-americans-dont-have-the-savings-to-cover-a-1000-emergency.html

https://www.mercurynews.com/2019/08/02/real-estate-many-families-one-paycheck-away-from-being-homeless/

 

I am donating to my local food banks weekly, what are you doing?

Share this post


Link to post
Share on other sites
2 minutes ago, warbird said:

I am donating to my local food banks weekly, what are you doing?

Supporting leaders who want to create a country with safety nets and healthcare, where we don't have to rely on churches and charity to take care of our more vulnerable members.

Illness is the #1 reason for bankruptcy. That's not right.

I don't have a "local" at the moment.

Share this post


Link to post
Share on other sites
37 minutes ago, warbird said:

I am donating to my local food banks weekly, what are you doing?

Wouldn't it be better to have an actual working economy that had actual jobs with actual paychecks, you know like so people that were working two jobs could afford food and maybe pay the electric bill?

The fact that you're donating to help the poor starving peons is one way to feel good about yourself when you have pushed for a country of lords and peons. That's not the way America was in the past and not how America got to be great in the first place. But hey, you love a President who brags about his dick and rips everybody off, you want a rip-off economy, that's what you get. Hope you enjoy the riots too.

- DSK

  • Like 1

Share this post


Link to post
Share on other sites
6 minutes ago, Steam Flyer said:

Wouldn't it be better to have an actual working economy that had actual jobs with actual paychecks, you know like so people that were working two jobs could afford food and maybe pay the electric bill?

 

- DSK

  • Like 1

Share this post


Link to post
Share on other sites
22 minutes ago, Steam Flyer said:

Wouldn't it be better to have an actual working economy that had actual jobs with actual paychecks, you know like so people that were working two jobs could afford food and maybe pay the electric bill?

 

- DSK

Unemployment at 3.8% suggests a working economy. If you and your boyfriend are both working two jobs you should have a combined household above the US median of $51.5k US Bureau of labor statistics.

 https://www.bls.gov/opub/ted/2019/mobile/median-usual-weekly-earnings-of-men-and-women-2010-to-2018.htm

Share this post


Link to post
Share on other sites
2 minutes ago, warbird said:

Unemployment at 3.8% suggests a working economy. If you and your boyfriend are both working two jobs you should have a combined household above the US median of $51.5k

OK, low unemployment is good...  but if all these jobs are at good pay, then why do you need a food bank?

I commend your sense of charity but you don't seem to have connected the dots. Kind of like BravoB crowing about Trump's historic trade deal after Trump started a trade war. BTW take a look at the details and tell me who WON!!... kind of like your Wisconsin FoxCon con.

- DSK

Share this post


Link to post
Share on other sites
5 minutes ago, Steam Flyer said:

OK, low unemployment is good...  but if all these jobs are at good pay, then why do you need a food bank?

I commend your sense of charity but you don't seem to have connected the dots. Kind of like BravoB crowing about Trump's historic trade deal after Trump started a trade war. BTW take a look at the details and tell me who WON!!... kind of like your Wisconsin FoxCon con.

- DSK

Most people under 30 are at risk of being 3-6 months from broke with any medical or job catastrophe. AND, most people never face that catastrophe. It is disingenuous to pretend this is a new condition.

 

  • Like 1

Share this post


Link to post
Share on other sites
11 minutes ago, Steam Flyer said:

OK, low unemployment is good...  but if all these jobs are at good pay, then why do you need a food bank?

I commend your sense of charity but you don't seem to have connected the dots. Kind of like BravoB crowing about Trump's historic trade deal after Trump started a trade war. BTW take a look at the details and tell me who WON!!... kind of like your Wisconsin FoxCon con.

- DSK

What is wrong with food banks?.... oh it doesn’t involve a government department or agency? Supported by taxes 

Share this post


Link to post
Share on other sites
1 minute ago, BravoBravo said:

What is wrong with food banks?.... oh it doesn’t involve a government department or agency?

Answer the question please;

"IF the economy is SO-O good, and unemployment is at historic lows.... why do you need a food bank?"

I know it's more fun to make up fictional shit, but this isn't really an audition for Fox News

- DSK

Share this post


Link to post
Share on other sites
8 minutes ago, warbird said:

Most people under 30 are at risk of being 3-6 months from broke with any medical or job catastrophe. AND, most people never face that catastrophe. It is disingenuous to pretend this is a new condition.

 

B-b-but the economy is SO-O-O good!

Why, Santa Claus, why? Why are these people who are working still not able to afford food, much less health care?

Why is the rate of increased income for the 0.1% wealthiest going up exponentially more than the rate of inflation?

- DSK

Share this post


Link to post
Share on other sites
8 minutes ago, Steam Flyer said:

Answer the question please;

"IF the economy is SO-O good, and unemployment is at historic lows.... why do you need a food bank?"

- DSK

Because we don't live here...

 

Share this post


Link to post
Share on other sites

So here's a thought.  Most of us agree that the current levels of inequality are caused by the business model of increasing monetary value for the shareholders (basically, making profit).  We've heard it time and time again, "we are in business to make money." 

 

But what if we underwent a major paradigm shift where we measured business success not by the amount of profit made, but rather by the number of employees to which we payed a good living wage.  What if that were the goal of businesses, and profits were secondary to that?

 

  • Like 1

Share this post


Link to post
Share on other sites