OT Unregulated capitalism killing the American Dream

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Boomers didn't steal anything from anyone, so quit looking for excuses. We were handed an unsustainable model by the "Greatest Generation", coming off a post war boom. Most of us grew up in a one income family, with mom at home to do all those "mother things". In other words, we were lucky. When we hit adulthood we found that a one income family didn't cut it anymore. If we wanted any of the things we grew up with, our spouses had to work too. And our kids paid the price for having both parents working. If you want to blame anyone for "stealing your future", blame corporate greed, which runs across ALL generations including yours. If that isn't apparent in these current times, then you're not paying attention. My wife and I worked our asses off over our lifetimes. We didn't "steal" a fucking thing. So don't even go there.
 
the_boss_needs_you__you_don__t_need_him__by_poasterchild-d5qhyz1.png
 
Road Ratt said:
Is Retirement Still Achievable?

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Surprisingly, this is a problem I don't concern myself with. When I get too old, I will kill myself; I like the certainty of it better than asking my children and partners to support me as I decay into nothing slowly and painfully like my father did. Given my family history, I probably won't make it to retirement anyway. So I'm just trying to enjoy my last 20 years as best I can.
 
Reduced life expectancy is a good thing. It reduces the pressure on our Social Security system.
 
New Law Makes Insane Thing Illegal



Missouri legislation makes it illegal to sleep on state owned land while homeless.
 
Just got done watching the Blazers Presser with Anf, Nurk, Grant, Payton, Eubanks and was thinking because of capitalism and competition, these young people have reached their dreams and are Multi Millionaires.
 
Will Natural Gas Crisis Collapse Global Economy?

 
tlongII said:
Such as?
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In 1935 when social security started the life expectancy was 60 years. Payout started at 65yrs but most only lived to 60yrs.

If we were to tie SS to current life expectancy + 5 years you would save SS and the focus would be on extending the life of the citizens of this country.

Current life expectancy in the US is 79yrs, so that would mean no SS until a person reaches 84yrs.

...

Or we could cut 8% off of our military budget.
 
SlyPokerDog said:
In 1935 when social security started the life expectancy was 60 years. Payout started at 65yrs but most only lived to 60yrs.

If we were to tie SS to current life expectancy + 5 years you would save SS and the focus would be on extending the life of the citizens of this country.

Current life expectancy in the US is 79yrs, so that would mean no SS until a person reaches 84yrs.

...

Or we could cut 8% off of our military budget.
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I like option #2. Good luck with that though.
 
Hoopguru said:
Just got done watching the Blazers Presser with Anf, Nurk, Grant, Payton, Eubanks and was thinking because of capitalism and competition, these young people have reached their dreams and are Multi Millionaires.
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It's the lack of regulation that is the problem.
 
Oh fer gods sake.

First, the semiconductor manufacturing bill is being considered by the Senate. Nancy is in the House.
Second, it's entirely public knowledge that the Senate is considering it, and what's in the bill. There's no insider information to be had here.
Third, what Pelosi's hubby bought is Nvidia. Nvidia isn't a chip manufacturer, they aren't going to get any direct benefit from the bill should it pass.
Fourth, he was exercising expiring call options that he bought back in June 2021, long before anyone knew the Senate would be considering the bill this month.

There are great arguments for restricting government officials from trading stock, and great examples of abuse (even some involving Pelosi).

This is neither. And those people in the video are morons.

barfo
 
barfo said:
Oh fer gods sake.

First, the semiconductor manufacturing bill is being considered by the Senate. Nancy is in the House.
Second, it's entirely public knowledge that the Senate is considering it, and what's in the bill. There's no insider information to be had here.
Third, what Pelosi's hubby bought is Nvidia. Nvidia isn't a chip manufacturer, they aren't going to get any direct benefit from the bill should it pass.
Fourth, he was exercising expiring call options that he bought back in June 2021, long before anyone knew the Senate would be considering the bill this month.

There are great arguments for restricting government officials from trading stock, and great examples of abuse (even some involving Pelosi).

This is neither. And those people in the video are morons.

barfo
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TIL Barfo is Nancy Pelosi's husband.
 
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