Cash is king.
Bonuses aren't paid in stock.
So while we buy their "dip" in stocks, Corporate Executives (CEs) get cash. CEs pay their Elected Official's off in CASH.
We buy low, while the monied interests expect to sell at lower.
Stock buybacks aren't embezzled in the shadows, they're paraded on conference calls and letters to their investors. Legal means disclosed. By the time we vote with our dollars, they've been made more worthless. Inflation isn't magic, it's designed and created by the financial elite to ensure that their assets increase in value while the time you trade for income continues to decrease in cost to them.
Thursday, April 23, 2020
A corporation should keep 3-6 months of expenses saved, just in case.
Fuck you! How about you bail me out when I overstep?
No way. Fuck that!
Here's reality: Corps borrow money to make sure they can buy enough shares to hit their target price (bonus to owners). Over time, trillions of dollars go to the pockets executives and owners, not you or I.
So why are we subsidizing their income? Because they've purchased congressional and senatorial influence.
Sunlight, meet bacteria.
Time to disinfect.
Embezzlement is using company money for personal gain.
The elected representatives, CCC, seem to be using government dollars for their personal gain.
160M workers splitting $2.2T is $13,750 each. Where’s the other $11,750 per worker going?
Mostly to the corporate executives who just showed us that they are not to be trusted with money.
What the fuck are we doing?
Monday, April 20, 2020
The Conniving Corporate Confederates AKA Our Elected Officials passed a 1000 page bill that was seemingly written in a week. No lawmaker read it. Corporations benefiting from the bill likely wrote some, if not most of it. When our elected representatives betray their allegiance to our nation, they should be removed from power, all of their assets seized, and be incarcerated for life. I don't know why what they're doing isn't considered treason. Defrauding the populace, enriching themselves and their conspirators, and it's getting worse. The good news is, we can change every single CCC within four years, so let's get to it.
If $2,200,000,000,000 was divided amongst the 330,000,000 or so citizens, we would each receive just over $6500. That’s $6500 for the newborns, $6500 for the centenarians, and $6500 for every citizen in between. Instead, non-dependent adults max out at $1200 and will also get $500 per dependent child under the age of 17, but $0 if they're 17-24 years old. Instead of treating Americans equally, our elected representatives have shown us who they prefer to support. This is the best division of resources according to our representatives. How many of us feel represented at all?
Sunday, April 19, 2020
No Senator should be re-elected. Replace every single one of them with an adult that understands a penny of prevention is worth a dollar in treatment. In this case, ~$7B could have been 20 N95 masks per American. I’ll be shocked if we keep the financial cost under $7T. As far as the cost of lives lost, that price will go unpaid if we allow the same people that failed at their post to remain. 10 years ago experts said that this is coming and preparing isn’t difficult. If one thing had been different, masks. If we all had them from day one we would have saved tens of thousands of lives, thousands of businesses, and incalculable, irreparable damage to our society. If an elected official shows their incompetence or willful ignorance, believe them.
Saturday, April 11, 2020
When minimum wage has increased historically, the middle class boomed, and the wealthiest were rich, but not 10% of people own 80% of all stocks rich. In 20 years Minimum Wage has increased $2.10 per hour. In that same time the top 10% went from owning 71% to 80%+. After this financial meltdown and SECOND bailout of the wealthiest among us, how can those numbers reverse? Undoubtedly the poor are even poorer. $15 an hour would drive innovation, sure we’d lose jobs but most employees are dissatisfied with their position so the sooner we can liberate them, the better for all.