I drink your milkshake! a metaphor for capitalism

[rickyb]

dow is no higher than it was 4 months ago.

hopefully theres a financial crisis soon. lucky it happens with trump in office. hopefully america votes someone good for a change next time.

 

[Old Man Jingles]

dow is no higher than it was 4 months ago.

hopefully theres a financial crisis soon. lucky it happens with trump in office. hopefully america votes someone good for a change next time.

Shut up you dumb Canuck!

 

[rickyb]

Shut up you dumb Canuck!

you dont find them exciting?

i like it when the banks run for bail outs and the rich sell their stocks.

 

[It will be fine]

you dont find them exciting?

i like it when the banks run for bail outs and the rich sell their stocks.

The rich aren't selling in a down market, they're buying at a discount.

 

[Old Man Jingles]

you dont find them exciting?

i like it when the banks run for bail outs and the rich sell their stocks.

Me too.

 

[rickyb]

The rich aren't selling in a down market, they're buying at a discount.

that too. i dont like that.

 

[rickyb]

At the time, Soundgarden was still on the sub pop label. These guys Just signed to a big label.

Ralph Nader‏Verified account @RalphNader 42m42 minutes ago




Every fundraising appeal from the National Democratic Party denounces growing economic inequality. Why doesn’t the party make a *front burner issue* out of raising the frozen federal minimum wage? Adjusting it for inflation from 1968 would take it to over $11 an hour. -R

 

[rickyb]

i didnt post this as a critique of trump, i posted to show whats up with amazon.

ralph also mentions what should be done with facebook data mining.

 

[rickyb]

after 2 days this video is already at 120,000 views...

 

[1989]

dow is no higher than it was 4 months ago.

hopefully theres a financial crisis soon. lucky it happens with trump in office. hopefully america votes someone good for a change next time.

What does the Dow being lower today than 4 months ago have to do with anything? Do you think LVS will go back down to .99?

 

[dudebro]

The richest families in Florence in 1427 are still the richest families in Florence

comical social mobility. in teh article UK and china also have the same issue. i think america has some of the worst social mobility of developed countries.:

Comparing the family wealth to those with the same surname today, they suggest the richest families in Florence 600 years ago remain the same now. “The top earners among the current taxpayers were found to have already been at the top of the socioeconomic ladder six centuries ago,”

The Florence anecdote is not the norm. Few families acquire this level of stewardship. 90% of wealthy families are no longer wealthy in 3 generations.

Why So Many Wealthy Families Lose It All in 3 Generations, and How to Stop It | ThinkAdvisor

Staying rich for three generations—it's not easy!

Of the 483 billionaires analyzed, 321—or about two thirds—are first generation. Only 20 percent were second generation. Less than 10 percent were third generation, while only 13 families made it to the fourth generation, seven made it to the fifth generation and two made it to the sixth generation.

 

[vantexan]

The Florence anecdote is not the norm. Few families acquire this level of stewardship. 90% of wealthy families are no longer wealthy in 3 generations.

Why So Many Wealthy Families Lose It All in 3 Generations, and How to Stop It | ThinkAdvisor

Staying rich for three generations—it's not easy!

Of the 483 billionaires analyzed, 321—or about two thirds—are first generation. Only 20 percent were second generation. Less than 10 percent were third generation, while only 13 families made it to the fourth generation, seven made it to the fifth generation and two made it to the sixth generation.

Good Lord they'll have to settle for being millionaires! The horror!!

 

[dudebro]

Good Lord they'll have to settle for being millionaires! The horror!!

No, they spend it all on hookers and drugs, and then they have to get jobs like the rest of us.

 

[rickyb]

The Florence anecdote is not the norm. Few families acquire this level of stewardship. 90% of wealthy families are no longer wealthy in 3 generations.

Why So Many Wealthy Families Lose It All in 3 Generations, and How to Stop It | ThinkAdvisor

Staying rich for three generations—it's not easy!

Of the 483 billionaires analyzed, 321—or about two thirds—are first generation. Only 20 percent were second generation. Less than 10 percent were third generation, while only 13 families made it to the fourth generation, seven made it to the fifth generation and two made it to the sixth generation.

ill take your word for it, ill try and find social mobility for US and canada to be fair.

 

[dudebro]

ill take your word for it, ill try and find social mobility for US and canada to be fair.

People seem to forget mobility is both ways. Upward mobility has become less common of late overall. Downward mobility has always been pretty easy.

 

[rickyb]

canadian rail workers are treated like garbage. if canadians werent so stupid thet should have done this:

https://twitter.com/i/web/status/981622711431647234

 

[rickyb]

I HEARD THERE ARE NO UNIONIZED FAST FOOD JOBS AT ALL IN USA.

IS THIS TRUE?

 

[Operational needs]

I HEARD THERE ARE NO UNIONIZED FAST FOOD JOBS AT ALL IN USA.

IS THIS TRUE?

Why are you yelling? Ask Noam Chomsky.

 

[rickyb]

Why are you yelling? Ask Noam Chomsky.

i find it unlikely but possible.

wouldnt you know miss "i know everything"

 

[Operational needs]

i find it unlikely but possible.

wouldnt you know miss "i know everything"

If I cared in the least, possibly. But since I don’t, nope.