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I drink your milkshake! a metaphor for capitalism
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<blockquote data-quote="rickyb" data-source="post: 3911083" data-attributes="member: 56035"><p>[MEDIA=youtube]aOCIeunmObk[/MEDIA]</p><p></p><p>talks about the 5.5 billion in corporate welfare amazon got, which is more than 50% of the cost of buildings. jeff bezos is the richest man in the world and one of the cities he put his second HQ is new york which has one of the dirtiest subways in the world. says cities give away the money without tracking how much jobs are actually created. its comparable to the bailouts because theres no terms attached.</p><p></p><p>says we have record govt, corporate, and personal debts and says debts is one of the big reasons we had a financial crisis in 2008. most of the jobs since then are lower paying.</p><p></p><p>he comments on the french protests. says 3000 people have been arrested and the military has been mobilized for "their protection" of course. theyve already won some reforms and its spread to a few other EU countries. he says america must do the same and have a debt jubilee.</p><p></p><p>says top 10% of the country owns 90% of the stock market.</p><p></p><p>lastly he says the FED is screwed. he says they are damned if they raise rates, damned if they dont. he says the economic chaos this creates means the country will either go fascist or pass some reforms / have a revolution best case. theres a huge gap between the business press and mainstream press in reporting of the economy. this is the worst hes ever seen the economy in his life</p></blockquote><p></p>
[QUOTE="rickyb, post: 3911083, member: 56035"] [MEDIA=youtube]aOCIeunmObk[/MEDIA] talks about the 5.5 billion in corporate welfare amazon got, which is more than 50% of the cost of buildings. jeff bezos is the richest man in the world and one of the cities he put his second HQ is new york which has one of the dirtiest subways in the world. says cities give away the money without tracking how much jobs are actually created. its comparable to the bailouts because theres no terms attached. says we have record govt, corporate, and personal debts and says debts is one of the big reasons we had a financial crisis in 2008. most of the jobs since then are lower paying. he comments on the french protests. says 3000 people have been arrested and the military has been mobilized for "their protection" of course. theyve already won some reforms and its spread to a few other EU countries. he says america must do the same and have a debt jubilee. says top 10% of the country owns 90% of the stock market. lastly he says the FED is screwed. he says they are damned if they raise rates, damned if they dont. he says the economic chaos this creates means the country will either go fascist or pass some reforms / have a revolution best case. theres a huge gap between the business press and mainstream press in reporting of the economy. this is the worst hes ever seen the economy in his life [/QUOTE]
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I drink your milkshake! a metaphor for capitalism
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