(Thread IKs:
skooma512)
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SKULL.GIF posted:This article ends with calling the youngs ungrateful and says that they should spend more money on the boomers.  and?(this was my original greedy geezers link but sometimes it's paywalled)
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Mar 18, 2023 23:55
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| # ? May 25, 2024 17:11 |
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Orvin posted:Why would anyone want to acquire Credit Suisse? Seems like that bank is continuously on the brink of failure. Is this a offer a snickers for the shares scenario, to get at the underlying assets? I imagine their financial records alone are worth far more than the bank.
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Mar 18, 2023 23:56
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SKULL.GIF posted:I wonder if he really did fly in the banker CEOs the other day. oh yay, another lich to add to the pile running the country. Also the once plurality shareholder of wells fargo & some union-busting railroads.
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Mar 18, 2023 23:57
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anime was right posted:hahaha gently caress thats like 650 more than what i pay for a shack in toronto
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Mar 19, 2023 00:02
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Willa Rogers posted:It's the fruition of our country's austerity freaks' longterm plans: acclimating youngs to not expect benefits & to blame that on the olds instead of on capital. An awful opinion piece Willa Rogers posted:
It is a decade later and social security won't be there because old people want it destroyed for young people.
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Mar 19, 2023 00:03
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Radirot posted:living in the ghetto aint no joke. definitely an exciting time all around if you're into it I guess. dang. keeps you sharp.
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Mar 19, 2023 00:04
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lol social security ain't going anywhere even trump understood that touching it would be political suicide
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Mar 19, 2023 00:05
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Mr Hootington posted:
fixed
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Mar 19, 2023 00:05
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capital doesn’t really seem to care too much about social security. abolishing it is the project of conservatives, mostly elderly ones still fighting against the ghost of fdr
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Mar 19, 2023 00:25
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yeah, why the gently caress would capital care about social security, that doesn't even make sense
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Mar 19, 2023 00:29
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Don't think I saw this here yet https://twitter.com/unusual_whales/status/1637233605947834368 lmao
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Mar 19, 2023 00:31
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triple sulk posted:philly rules but what they don't mention is that's at 10th and chestnut and you will likely be robbed and/or stabbed by a meth addict if you walk around by yourself any time after dark. it's not a safe neighborhood. I just looked up this intersection on google and there's an au bon pain, a farmer's market and a Bank of America on this intersection a real hive of scum and villainy to be sure Mirthless has issued a correction as of 00:33 on Mar 19, 2023 |
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Mar 19, 2023 00:31
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https://www.youtube.com/watch?v=_AqKid6HLCk
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Mar 19, 2023 00:33
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if olds have social security they can be better consumer later
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Mar 19, 2023 00:34
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Mar 19, 2023 00:35
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Paradoxish posted:That letter from midsize banks is 100% correct that Yellin's statements have potentially created a huge banking crisis. Not for the people that matter!
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Mar 19, 2023 00:36
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homeless people existing, restaurant workers taking their breaks, panhandlers being where the rich people are edit: these "streets of..." videos never cease to fuckin amaze me, like people have never been in the actual city part of a city before so they've gotta whip out their phone and record such shocking scenes of urban decay as... a group of black people in street clothes, walking. People in coats... smoking!! Mirthless has issued a correction as of 00:42 on Mar 19, 2023 |
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Mar 19, 2023 00:36
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Edgar Allan Pwned posted:if olds have social security they can be better consumer later Yep, same principle with UBI (and the berniebux).
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Mar 19, 2023 00:38
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Thorn Wishes Talon posted:yeah, why the gently caress would capital care about social security, that doesn't even make sense Capital has diverted pensions into private retirement accounts but also has fought equitable taxation that would fund social programs. Remember, social security was created to be a 3-legged stool, with pensions & savings rounding it out, and now we're down to it being a 2-legged stool. Social security is also poverty-level income for olds with low-income earning records (mainly women and minorities); has not kept apace proportionately with the cost of medicare premiums, housing or food; has been punitively taxed for olds poor enough to need a fraction of benefits at age 62 instead of waiting till "normal" retirement age of 67; and is more regressively taxed than any other facet of our tax code bc a person making $20k/year pays a higher percentage toward social security than someone making $200k. These are all due to decisions & moves by capital.
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Mar 19, 2023 00:39
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looking up "homeless person hotspots [my zipcode]" and setting up my steady cam rig so I can slowly drive through the neighborhood recording people's misery for hits
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Mar 19, 2023 00:45
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Pf. Hikikomoriarty posted:yeah i've noticed this is a thing, a kind of version of normalcy bias This is why the liberals are always clamoring for war with a major world power. They think it will go exactly how WW2 and the cold war went. None of them understand how different the world is today compared to 30 years ago.
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Mar 19, 2023 00:49
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Joe Biden is a fool for signing a blank check to the banks and now all of Washington will be dealing with patriots on Tuesday!
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Mar 19, 2023 00:49
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Paradoxish posted:The entire SVB response was predicated on a bunch of idiots working themselves up into a very public tantrum close enough to a weekend that no one could calm them down, and the result was for regulators to start babbling about infinite money and unlimited deposit insurance. It was so bad and stupid that European regulators started making statements that sounded like posts pulled from this thread. Except those Euro bankers were complaining about how the US should not have complained about the Euros bailing out whoever they wanted, not that the bailouts were the wrong thing to do.
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Mar 19, 2023 00:49
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Capital cares about social security, it's money they don't have!
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Mar 19, 2023 00:49
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the biggest takeaway about the SVB response imo is the government still moves quickly when it wants to lol posters itt were convinced that there wasn't anything that could be done over a weekend to resolve the issue
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Mar 19, 2023 00:53
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Cpt_Obvious posted:Capital cares about social security, it's money they don't have! Remember when Republicans tried privatizing social security but backed down when they realized that it would lead to the government owning the stock market?
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Mar 19, 2023 00:55
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Nonsense posted:Joe Biden is a fool for signing a blank check to the banks and now all of Washington will be dealing with patriots on Tuesday! inshallah
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Mar 19, 2023 00:55
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anime was right posted:theres no other reason to fly in several private jets into omaha No reason to do it anyway with modern video teleconferencing software. These are literally the kind of people who should be appearing as shadowy silhouettes on monitors in the meeting room.
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Mar 19, 2023 00:57
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SKULL.GIF posted:This article ends with calling the youngs ungrateful and says that they should spend more money on the boomers. lol quote:But the last thing we need is another heated confrontation and a new line of social division. Instead, children and grandchildren should draft thank you notes to their elders for saving so much and leaving trillions behind.
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Mar 19, 2023 01:07
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I said boomers, thank you for your service.
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Mar 19, 2023 01:14
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do you have to be old money to get a job as a columnist writing about how everyone needs to eat your rear end or is prior professional experience enough?
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Mar 19, 2023 01:24
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Spoondick posted:do you have to be old money to get a job as a columnist writing about how everyone needs to eat your rear end or is prior professional experience enough?
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Mar 19, 2023 01:31
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Cpt_Obvious posted:This is why the liberals are always clamoring for war with a major world power. They think it will go exactly how WW2 and the cold war went. None of them understand how different the world is today compared to 30 years ago. yeah that's a great example that i hadn't really thought of before in this context
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Mar 19, 2023 01:34
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Cpt_Obvious posted:Matty was a nobody. Nope. His dad used his connections to get Matty setup
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Mar 19, 2023 01:35
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Nonsense posted:Famous Philadelphian Ben Franklin invented the switchblade and murdered his son and paid a doppelganger to leave to England. classic Philly move
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Mar 19, 2023 01:40
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the day the last boomer dies should be a global day of celebration
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Mar 19, 2023 01:56
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Can someone explain that thing where JP Morgan personally called all the bankers together to save the economy at the turn of the last century?
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Mar 19, 2023 01:57
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fits my needs posted:But the last thing we need is another heated confrontation and a new line of social division. Instead, children and grandchildren should draft
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Mar 19, 2023 01:57
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Frosted Flake posted:Can someone explain that thing where JP Morgan personally called all the bankers together to save the economy at the turn of the last century? the important thing about it is that the depression still happened eventually anyway. he locked all the bankers in a room and told them they weren’t leaving until they fixed what was wrong. Bar Ran Dun has issued a correction as of 02:14 on Mar 19, 2023 |
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Mar 19, 2023 01:59
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| # ? May 25, 2024 17:11 |
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Fed’s got a lesson plan on it lol https://www.stlouisfed.org/-/media/project/frbstl/stlouisfed/education/lessons/pdf/the-panic-of-1907-jp-morgan-and-the-money-trust.pdf
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Mar 19, 2023 02:01
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