Chris C
1 year ago"The biggest obstacle to creativity is breaking through the barrier of disbelief" -Rodney Mullen
I drink your milkshake! a metaphor for capitalism
- Thread starter rickyb
- Start date
"The biggest obstacle to creativity is breaking through the barrier of disbelief" -Rodney Mullen
UnionStrong
Sorry, but I don’t care anymore.
And it all went sideways from then on
this was the liberals speaking. they called it an excess of democracy. the powell memo was another one. they were both in favor of business ruling the country. and so began the counter attack in the 1970s which really went full tilt in the 1980s.
capitalism under life support
Steve Saretsky
@SteveSaretsky
·
Aug 17
In summary, we are in an interest rate trap.
@RayDalio
calls it the end of the long term debt cycle. Policy makers are running an experiment trying to keep the financial system on life support through fiscal spending and QE debt monetization.
Steve Saretsky
@SteveSaretsky
·
Aug 17
In summary, we are in an interest rate trap.
@RayDalio
calls it the end of the long term debt cycle. Policy makers are running an experiment trying to keep the financial system on life support through fiscal spending and QE debt monetization.
oldngray
nowhere special
Does The Definition Of 'Fascism' Apply To The Biden Administration?
I am becoming concerned that what many claimed to be happening under the Trump administration is becoming reality under the Biden administration.
thefederalist.com
alot of the admins have continuity. havent heard too many opinions on biden compared to fascism, but one ive heard is that biden is comparable to the inept politician who failed to pass reforms that preceded hilter.Does The Definition Of 'Fascism' Apply To The Biden Administration?
I am becoming concerned that what many claimed to be happening under the Trump administration is becoming reality under the Biden administration.
oldngray
nowhere special
Bismarck was a feeble old man and little more than a figurehead, so there are a lot of similarities to Biden
at this point in time when i post articles like this, i get crickets from the right wingers who say there is no alt to capitalism
www.bnnbloomberg.ca
Currently, there are 3,400 driver-members, many of whom plan to invest themselves.
Drivers have long called for their own worker-run service, and have been very receptive to the cooperative, says co-founder and longtime driver Ken Lewis. “Once we started to call up and tell drivers that we were doing this and sent out messages to drivers, everybody came on and we grew rather quickly,” he said.
The competitive prices that companies like Uber and Lyft once offered have surged, with a ride costing customers 53% more in June than before the pandemic, according to Rakuten Intelligence. These soaring costs could make Co-op Ride more appealing , said Leslie Zhang, a rideshare user who lives on the Lower East Side. “I think Uber and Lyft are kind of at this breaking point where they can’t offer the same dirt cheap prices they were a couple years ago,” Zhang said.
Read More: Uber, Lyft Driver Shortage Boosts Business for New York’s Taxis
But Zhang said there were other reasons she would continue to use the coop service even if it was the same price as its more entrenched rivals. “Knowing that more of the money is going directly to the drivers would sort of be that incentivizing push,” Zhang said.
BNN Bloomberg – Canada Business News, TSX Today & Interest Rates
Get the latest Canadian business news, TSX updates, interest rates and Bank of Canada coverage. Explore stock market investing and get expert financial insights on investment portfolio strategies.
Currently, there are 3,400 driver-members, many of whom plan to invest themselves.
Drivers have long called for their own worker-run service, and have been very receptive to the cooperative, says co-founder and longtime driver Ken Lewis. “Once we started to call up and tell drivers that we were doing this and sent out messages to drivers, everybody came on and we grew rather quickly,” he said.
The competitive prices that companies like Uber and Lyft once offered have surged, with a ride costing customers 53% more in June than before the pandemic, according to Rakuten Intelligence. These soaring costs could make Co-op Ride more appealing , said Leslie Zhang, a rideshare user who lives on the Lower East Side. “I think Uber and Lyft are kind of at this breaking point where they can’t offer the same dirt cheap prices they were a couple years ago,” Zhang said.
Read More: Uber, Lyft Driver Shortage Boosts Business for New York’s Taxis
But Zhang said there were other reasons she would continue to use the coop service even if it was the same price as its more entrenched rivals. “Knowing that more of the money is going directly to the drivers would sort of be that incentivizing push,” Zhang said.
oldngray
nowhere special
Socialist commentator Hasan Piker faces backlash for buying $2.7M home in Hollywood
Left-wing influencer Hasan Piker is facing a wave of backlash after news surfaced that he bought a nearly $3 million home in West Hollywood.
housing prices likely areSocialist commentator Hasan Piker faces backlash for buying $2.7M home in Hollywood
Left-wing influencer Hasan Piker is facing a wave of backlash after news surfaced that he bought a nearly $3 million home in West Hollywood.www.foxnews.com
ed but why does he need 3800 sq ft...
You don't know what you are talking about.
FHA loans require 3.5% down.
Let's take me as an example. I make OK money as a part time employee. But not fantastic money, at all.
All I have to do is put $8,000 down.
And the government will lend me over a quarter million dollars.
Now, I have no business doing that.
I can't afford that. And even if I could, it would be a stupid, stupid idea.
But the government will give me that money to play with.
Since everyone can just get these magical almost no interest rate highly leveraged loans, most anyone can buy without even trying.
And that means that people will start charging more.
The government is fronting them the money, so they don't care as much.
If everyone had to pay cash for houses, we'd have a REAL capitalist system going, and you'd see much more reasonable prices.
maybe its unfair for me to blame capitalism or maybe not since capitalism is usually in bed with govt. i dont recall ever hearing cash for home as teh solution. but its true ppl being allowed to borrow more and more money will drive up prices. 3.5% down seems low i wonder what it is up here? apparently its only 5% lol...which i guess can be alot of money when the housing market is so inflated. i used to listen to michael hudson talk about this. one of only a few famous economist to predict financial crisis.
UnionStrong
Sorry, but I don’t care anymore.
Same with student loans
i was thinking we should pay our students to go to school like some countries do instead of under funding education and lending money driving up costs.
i was also thinking ppl call for invading different countries, i suppose afghanistan is one of them which usa just pulled out of, and instead of invasions and war, we should spend that money on immigrants wanting to flee and letting them into our countries. just the same amount that wouldve been spent on war, because one of the arguments for anti immigration is "theyre breaking the laws" of which of course they cant name what the ideal laws should be. but one of the other arguments against immigration is "our economy cant handle it", in which case you spend the money on them isntead of war.
Brendan Dawe
@BrendanDawe
If you’re involved in drafting a federal housing platform, please I beg you to consider how we have the fewest homes per capita in the G7 and home building peaked the 1970s with a much smaller population. Housing is expensive because we don’t build enough housing
3:04 PM · Aug 21, 2021·T
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