RedDenver Posted May 8, 2020 Share Posted May 8, 2020 5 minutes ago, BigRedBuster said: OK...but, please explain what she thinks needs to be done when unemployment goes up pertaining to investing. She's saying that the market shouldn't go up when there's historically massive unemployment. That the system is broken when that's the result, and I assume she's specifically saying we shouldn't be bailing out Wall St since that's what she mentions in the tweet. Link to comment
Landlord Posted May 8, 2020 Share Posted May 8, 2020 1 hour ago, BigRedBuster said: The issue is though, the system is individual investors. Kind of.....but not exactly. Systems have emergent qualities of their own that make them more than the individual pieces/people who comprise them. 1 hour ago, BigRedBuster said: As for AOC, then I'm not sure what she's saying. If she says the system is bad because people can invest even though unemployment went up, does she think we should have a trigger in the system so that if unemployment goes up, the stock market is closed so nobody can invest? I think the spirit of what she's saying is that, essentially, the system has failed us as Americans when, in a time of crisis and significant increase in suffering and hardship, it's easy and fine and allowable that the most rich and most powerful get even more of both, in some ways at the expense of the poor and disadvantaged. Link to comment
knapplc Posted May 8, 2020 Share Posted May 8, 2020 In the 1950s (the decade the Boomers seem to imply we should strive to recreate) gas station attendants owned houses. What changed here? 2 Link to comment
teachercd Posted May 8, 2020 Share Posted May 8, 2020 Sanders pushing a bill for 2,000 a month per person...YES!!! Link to comment
BigRedBuster Posted May 8, 2020 Author Share Posted May 8, 2020 2 hours ago, RedDenver said: She's saying that the market shouldn't go up when there's historically massive unemployment. That the system is broken when that's the result, and I assume she's specifically saying we shouldn't be bailing out Wall St since that's what she mentions in the tweet. The system is not broken based on that and it shows tremendous ignorance to say that. The system has no feelings or emotions. It’s simply a market of buyers and sellers. Again, to get to AOCs real issues, it’s in individuals. They are the ones investing. AOC would totally agree with Krystals commentary. Link to comment
BigRedBuster Posted May 8, 2020 Author Share Posted May 8, 2020 There are some businesses that are doing very well right now. So, is that a symptom of a broken system? Link to comment
BigRedBuster Posted May 9, 2020 Author Share Posted May 9, 2020 1 hour ago, BlitzFirst said: BigRed, you can't be as dense as your posts are making you sound can you? You realize that RIGHT NOW...we're living in a SOCIALIST society right? What the hell does that have to do with my posts? keep the personal attacks out of it. You are the one defending an idiotic attitude towards an inanimate market. You can’t even explain AOCs stance. Link to comment
RedDenver Posted May 9, 2020 Share Posted May 9, 2020 3 hours ago, BigRedBuster said: The system is not broken based on that and it shows tremendous ignorance to say that. The system has no feelings or emotions. It’s simply a market of buyers and sellers. Again, to get to AOCs real issues, it’s in individuals. They are the ones investing. AOC would totally agree with Krystals commentary. Link to comment
BigRedBuster Posted May 9, 2020 Author Share Posted May 9, 2020 52 minutes ago, BlitzFirst said: So, now you know how it feels to respond to what you post. Where did I personally attack you? nice that you can’t explain your own post. Link to comment
Landlord Posted May 9, 2020 Share Posted May 9, 2020 20 hours ago, BigRedBuster said: There are some businesses that are doing very well right now. So, is that a symptom of a broken system? Depends. How/why are those businesses doing very well right now, and who is doing awful and why? Are some businesses doing well by exploiting the ability to make things awful for others? Link to comment
BigRedBuster Posted May 9, 2020 Author Share Posted May 9, 2020 7 minutes ago, Landlord said: Depends. How/why are those businesses doing very well right now, and who is doing awful and why? Are some businesses doing well by exploiting the ability to make things awful for others? Good Lord. There can be a business that does well without exploiting people. Research the home improvement industry right now. It’s going crazy. There are a lot of people out of work which is bad. There are also a lot of people still employed, can’t go on a vacation or out to eat. So...hey, let’s fix up the house this year. Check out what Home Depot has done the last 2 months. Nobody is exploiting anyone there. But, I guess the system allows investing in HD and that’s bad. 1 Link to comment
Moiraine Posted May 9, 2020 Share Posted May 9, 2020 2 hours ago, BigRedBuster said: Good Lord. There can be a business that does well without exploiting people. He asked "Are some businesses doing well by exploiting the ability to make things awful for others?" and I'm guessing there are businesses like that, especially in the health care industry. And then there are others that are not, like I'm guessing video game companies are doing very well. Link to comment
Landlord Posted May 10, 2020 Share Posted May 10, 2020 3 hours ago, BigRedBuster said: Good Lord. There can be a business that does well without exploiting people. Sometimes it seems (especially in conversations about business) that you try really hard not to see what the other person actually said. 3 hours ago, BigRedBuster said: Research the home improvement industry right now. It’s going crazy. I'm aware of this, and even contributing to it, working on many home projects right now and giving Home Depot hundreds of dollars in profit. If Home Depot had shareholders making themselves significantly richer with bailout money turning into stock buybacks while also laying off a notable percentage of employees, that would be s#!tty, and I would say that a system that very easily allows for that to be possible is one that is broken to some extent. 1 Link to comment
BigRedBuster Posted May 10, 2020 Author Share Posted May 10, 2020 14 minutes ago, Landlord said: Sometimes it seems (especially in conversations about business) that you try really hard not to see what the other person actually said. And sometimes people always jump to the negative. And, the whole market is disconnected from what’s happening is just based on ignorance with a motivation of an agenda. Link to comment
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