JC Political Thread - For All Things Political Part 2

[J_D 2.0]

I might have to invest in Glad, because it seems tin foil hats are in excess these days.

Conspiracy theory’s aren’t required if the incentives align. As the old saying goes “always back self interest, at least you know it’s trying”.

Why would the (rich) corporate media, that’s mostly reliant on advertising money from (rich) corporations expose or concentrate on anything involving the rich. They have just as much vested interest to keep the status quo as anyone!

Most people (especially in America) are pissed at how our game of monopoly is progressing and know that they won’t end up anywhere in life because all the major assets are already owned by the rich and any effort they put in will mostly go to the rich!

They want to tear that system down and a lot of them are putting their stock in the false idol that is Donald Trump. The election of Donald Trump is the symptom of a system that refuses to discuss wealth inequality and redistribution!

The breakdown began in 2008 when the rich were bailed out by the government. Finally exposing the truth of the matter that the ultra rich will have socialism so they will never fail and us plebs will always have hard core capitalism to drive down wages as low as possible so the ultra rich get most of the fruits of peoples labour.

 

[shane_3800]

View attachment 266094
https://www.abc.net.au/news/2024-03...court-bond-extended-trial-date-set/103631966#

All the ‘appeal’ has done is reduce the amount of the bond needed for the appeal to proceed (because ‘he did not have the money’). If his appeal fails, he is still liable to pay the full penalty (the US$454M) - that hasn’t been reduced.

You're were one of those kids that liked to hold their arms out and run around in circles.

He appealed the amount, he got a reduction, that is a win.

 

[shane_3800]

Conspiracy theory’s aren’t required if the incentives align. As the old saying goes “always back self interest, at least you know it’s trying”.

Why would the (rich) corporate media, that’s mostly reliant on advertising money from (rich) corporations expose or concentrate on anything involving the rich. They have just as much vested interest to keep the status quo as anyone!

Most people (especially in America) are pissed at how our game of monopoly is progressing and know that they won’t end up anywhere in life because all the major assets are already owned by the rich and any effort they put in will mostly go to the rich!

They want to tear that system down and a lot of them are putting their stock in the false idol that is Donald Trump. The election of Donald Trump is the symptom of a system that refuses to discuss wealth inequality and redistribution!

The breakdown began in 2008 when the rich were bailed out by the government. Finally exposing the truth of the matter that the ultra rich will have socialism so they will never fail and us plebs will always have hard core capitalism to drive down wages as low as possible so the ultra rich get most of the fruits of peoples labour.

Now you go from conspiracy theories into a socialist revolution.

You talk about assets being owned, you do realise that they are always owned, there's never this giant pool of assets waiting to be bought, and rich people are stealing them all.
Assets can be bought, so they're there to be bought off other people.

 

[J_D 2.0]

You talk about assets being owned, you do realise that they are always owned, there's never this giant pool of assets

The assets are being owned by a smaller and smaller subset of rich people and corporations, that’s the problem. It’s a clearly defined fact at this point that capital takes most of the gains in society and labour might get a few crumbs.

If labour (ordinary people) have no opportunity for advancement and wealth accumulation (because they only get crumbs) they get pissed at the system and want to tear it down. The media and corporations, owned by the rich as they are, will do anything to not talk about any of that.

 

[shane_3800]

The assets are being owned by a smaller and smaller subset of rich people and corporations, that’s the problem. It’s a clearly defined fact at this point that capital takes most of the gains in society and labour might get a few crumbs.

If labour (ordinary people) have no opportunity for advancement and wealth accumulation (because they only get crumbs) they get pissed at the system and want to tear it down. The media and corporations, owned by the rich as they are, will do anything to not talk about any of that.

Well most rich people as you put it, don't own assets, they are rich from stock.
Corporations like investment funds? those investment funds that most of the people have money in, oh so the people actually own most of the assets.
You realise me and you both have a large amount of property we share in via our superannuation fund.

 

[J_D 2.0]

Well most rich people as you put it, don't own assets, they are rich from stock.

They also own assets as well. Sure, plenty of them have a lot of on paper wealth from their company stock but they would also have a lot of other assets as well.

Corporations like investment funds? those investment funds that most of the people have money in, oh so the people actually own most of the assets.
You realise me and you both have a large amount of property we share in via our superannuation fund.

The problem is you need to be earning sufficient money to be able to invest in those investment funds, something like 60% of Americans are living paycheque to paycheque so a bit difficult to invest in assets for those people.

It’s less of a problem here in Australia of course because we have compulsory super that automatically invests in assets but let’s not forget that you can’t access that until you retire and there are contributions limits to super so you can’t really become ultra rich from super (it is only supposed to be money for retirement after all).

 

[UTE042_NZ]

It's pointless trying to debate with shane_3800. Don't waste the effort. You can't pump air into a honeycomb. He's that guy nobody knows that you see lying in a puddle of his own blood and teeth in the pub toilet or carpark after he's been mouthing off all night.

 

[J_D 2.0]

He's that guy nobody knows that you see lying in a puddle of his own blood and teeth in the pub toilet or carpark after he's been mouthing off all night.

Maybe he’s actually this guy? Would make a lot of sense.

 

[shane_3800]

They also own assets as well. Sure, plenty of them have a lot of on paper wealth from their company stock but they would also have a lot of other assets as well.



The problem is you need to be earning sufficient money to be able to invest in those investment funds, something like 60% of Americans are living paycheque to paycheque so a bit difficult to invest in assets for those people.

It’s less of a problem here in Australia of course because we have compulsory super that automatically invests in assets but let’s not forget that you can’t access that until you retire and there are contributions limits to super so you can’t really become ultra rich from super (it is only supposed to be money for retirement after all).

Why would a billionaire own a 3 bedroom house, you're just pulling **** of of nowhere now, plus you have no idea what rich people invest their private money in.

60% of the US that lives paycheque to paycheque could probably re adjust their spending and put $50-100 away in one of those funds every week, but they choose to buy big TV's, new Iphones and have 5 streaming services. Vanguard, once you have $500 in you can add any amount into it, you can actually set up a direct debit, but netflix is more important to some.

 

[shane_3800]

Maybe he’s actually this guy? Would make a lot of sense.

Again, personal insults, you guys must be getting grumpy with Trump about to become the president again.