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

That's their entire mindset. Unless an economic event(like the stonks tanking) affects the CEO and Epstein class, they don't give a fuck.

CEOs can afford $8 gas.
 
That time of year!


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Thank goodness the banks and credit card companies are going to be OK. I was so concerned about them. Reassuring to know the executives are going to able to afford a new wing on their mansion while their customers downsize from an apartment to a Yugo.
Of course the banks are OK, too big to fail. Too bad they didn't fail back in 08
 
The F-150 bros with 25+ gallon tanks can't all be blissfully ignoring three figures at the pump.
I am.


But it's a company truck and not my wallet filling it up. They also got me the extended range tank, so its 33 gallons. Real fun when the company fuel card is capped at $125 per authorization.
 
That's their entire mindset. Unless an economic event(like the stonks tanking) affects the CEO and Epstein class, they don't give a fuck.

CEOs can afford $8 gas.
I'm taking a trip from Rochester to Virginia Wednesday, and of course back.

Then at the end of the month, I have a driving trip to Asheville, NC.

These are the first long driving trips since prices got out of hand. Sure, I can still afford it, and I drive a GTI, so mileage is reasonable. But, I'm a cheap bastard. I'm going to be cursing out the pumps the whole time...
 
We're getting to the point where video games are going to be exclusively for the rich.

Soon to be followed by owning a car, living in a structure or eating real food...
 
Here's a good example of how irrational the market is, and the people trading are ..

Last week SpaceX put in the paperwork to go through with the IPO. The totally unrelated Virgin Galactic spiked in price from $2.50 to $8.90 because its ticker symbol is SPCE.
 
This actually is a legitimate thing around Marquette, MI... Say what you want about how backwoods the U.P. is, but the housing shortage up that way is no joke.
Housing shortage or income shortage? 10 years ago you could get a decent sized house in the Keweenaw in need of some TLC for about 80k. But there were a fair number of those on the market.
 
Why not build more starter homes / homes on the left tail of the market?

Capital is supposed to always find a ready market.
Those "starter" homes are complete garbage. Made with subpar materials by subpar builders on unsafe land. There are news pieces that show people's homes literally falling apart because they were built in a giant sinkhole.
 
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