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Business, Economics, and Taxes 2: That's Why We Fight to Take the Means Back

MichVandal said:
Congrats on the new job, assuming you like this new job, lol.... :)

It's funny how we've been convinced that money is for hard workers, when the rich get more handouts than the poor. Farmers got MASSIVE welfare because they are so dumb. And I saw data that they were getting more income from their product with Obama and Biden (by a lot), but voted for the orange moron so they don't have to work.

And you paid for your unemployment. But I get the icky feeling.
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Despite the circumstances, I think I learned a valuable lesson from this whole experience. Staying and being unhappy at a job you don't like just because it pays well and you don't want to have to explain a short tenure on your resume is foolish. Especially in my niche where there are still plenty of opportunities. The red flags were pretty much all there in the first 6 months, and I should have been looking to leave last winter. I stayed thinking it would get better after they completed a re-org to finish off a merger with another professional services firm they had bought before I joined, and instead it got worse. It's a two-way street and I also made some mistakes, but I should have cut my losses sooner.
 
So we need a major economic collapse so Trump can create conditions similar to pre-WW2 Germany so people will be willing to join the military and invade Europe/S.America.
 
Bronco said:
So we need a major economic collapse so Trump can create conditions similar to pre-WW2 Germany so people will be willing to join the military and invade Europe/S.America.
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"We need an economic collapse so the rich can buy up more cheap real estate to rent back to the peons. And if it causes temporary deflation so we can say prices dropped, then all the better!" Basically, they want the poor to die in order to reduce demand/complaining, and increase compliance with fascism.

More people really need to read The Coming of Neo-Feudalism by Joel Kotkin, but it's probably already too late. It's here.
 
FadeToBlack&Gold said:
"We need an economic collapse so the rich can buy up more cheap real estate to rent back to the peons. And if it causes temporary deflation so we can say prices dropped, then all the better!" Basically, they want the poor to die in order to reduce demand/complaining, and increase compliance with fascism.

More people really need to read The Coming of Neo-Feudalism by Joel Kotkin, but it's probably already too late. It's here.
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Not saying you are wrong but, they already know they are going to own everything here. What if they can own everything there and reduce the amount of poors at the same time? Think of the efficiencies!
 
FadeToBlack&Gold said:
"We need an economic collapse so the rich can buy up more cheap real estate to rent back to the peons. And if it causes temporary deflation so we can say prices dropped, then all the better!" Basically, they want the poor to die in order to reduce demand/complaining, and increase compliance with fascism.

More people really need to read The Coming of Neo-Feudalism by Joel Kotkin, but it's probably already too late. It's here.
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They about as much said that prior to the election. One of his finance advisors, when asked what Donnie's plan was for dealing with inflation was to increase the labor pool, and lower demand.

In short, cause a recession. More people out of work(increased labor pool), willing to take any job at whatever pittance our betters decide is worthy, and no money to be able to buy anything( lower demand)
 
rufus said:
They about as much said that prior to the election. One of his finance advisors, when asked what Donnie's plan was for dealing with inflation was to increase the labor pool, and lower demand.

In short, cause a recession. More people out of work(increased labor pool), willing to take any job at whatever pittance our betters decide is worthy, and no money to be able to buy anything( lower demand)
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But that will own the libs.

Never mind that the unions who voted for this are targeting themselves. Or the anti union labor are doubling down on lowering their wages- who also voted for the orange dude.

Once again, there are more libs that wont be hurt by this than magas that will be crushed.
 
MichVandal said:
But that will own the libs.

Never mind that the unions who voted for this are targeting themselves. Or the anti union labor are doubling down on lowering their wages- who also voted for the orange dude.

Once again, there are more libs that wont be hurt by this than magas that will be crushed.
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You mean the Longshoreman's Union? Their lily-white leadership is filthy rich and doesn't give a fuck. Fewer imports & exports means less work for the same pay, since their membership & leadership skews heavily nepo-baby.
 
Metropolitan Capital Bank & Trust in Chicago has been closed by State regulators. FDIC in receivership.

The Illinois Department of Financial and Professional Regulation ordered the River North-based bank’s closure due to concerns over its financial stability.

The Federal Deposit Insurance Corporation was named receiver and brokered the sale of most of the bank’s $261 million in assets to First Independence Bank in Detroit, including all deposits. Customers still have immediate access to their money, and loan customers’ payments are still due.
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chicago.suntimes.com

Chicago bank fails, becoming first in nation to go under in 2026

Regulators shut down Metropolitan Capital Bank & Trust in River North on Friday. Detroit-based First Independence Bank acquired all its deposits.
chicago.suntimes.com chicago.suntimes.com
 
aparch said:
It's actually a decent idea. So good an idea, that my wife and I did that exact thing in 2015 when we bought our house.
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Please do not take out 401k loans. The tail risk on them is extremely high. And you don’t really benefit much. “Paying interest to yourself” is dangerous marketing hogwash.

Anyways, if you lose your ability to pay this back, you could be both out of a job AND have this treated as a distribution on your 401k. Plus, you generally lose out on market returns when you take money out, so whatever you’re paying, you’re actually paying significantly more.

If it worked out for you, great. But this is a *very* risky plan.
 
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