Capitalism exists to oppress the bottom and protect the top - change my mind

[The Sage of Main Street]

The goal of companies is to make a profit at your expense. Low wages low costs high prices. It’s the game. There is value in their production but we have to be steadfast about using our collective labor power and collective consumer power to keep a balance. It’s not there today. The market works best when all they’re are strong and on equal footing.

Getting the Wrong Players and Listening to Blowhard Consultants

The way Americans get into high economic positions, including flunkies of the top guns, is what has caused Capitalism's present failure, not Capitalism itself. Whom the dotards want to hire is not questioned. Whatever is not questioned is the solution that will never be tried, so we go on and on following self-appointed experts. If one fails, we listen to his opposite, never rejecting the whole class of know-it-alls. Listening to pundits, themselves from an inferior background, has gotten us nowhere.

 

[evenflow1969]

I think you meant enforced, not "in forced."

Perhaps the problem is we have voters who don't know WTF they're voting on. During the DumBama administration not only did they spy on Trumnp and his crew, but used lies to get the FISA warrants to do so. They paid Steel who used their money to buy phony foreign intelligence from Russia to rig the election which is totally illegal, and nobody even got a fine over it yet alone prosecuted or imprisoned. Hunter? Currently selling his finger paintings for up to a half-million dollars, and all buyers are anonymous. He could be selling them to the Chinese Communist party, and nobody will even look into it.

While our economy is headed for a brick wall, inflation at a 40 year high, interest rates the highest in 13 years, the border problem the worst in over 20 years, gasoline the highest it's ever been in our history, the Democrats are conducting a stage show to the point they hired an ex ABC executive to make sure the show looks good for the people. That's what they are wasting their time and our money on. Watch how many people will still vote for them in November.

Lol, none of that has anything to do with.
It. Patriot act before Obama. Anti monopoly laws long before you and I were born. Nothing done by the American population in for ever. Republican administration's after Republican administration has let it happen. Democrat administration after democrat administration has let it happen. Yes voters are fucking stupid to let it happen. All voters not just one side. The way they get away with it is by pitting democrat voter against Republican voter. While all of except the 1 percent get fucked. Ya want more of the same keep voter against voters instead of blaming those actually responsible. Actually responsible? The politicians no matter what side and the ass clowns that own them through campaign contributions and insanely high paying jobs after they leave office. Take your Republican verse democrat shit and shove it up your ass. Until they enforce antimonopoly laws, ditch the patriot act, and asset forfeiture laws both parties and every one can kiss my ass. The government sucks for these laws and the voter sucks for allowing it.

 

[The Sage of Main Street]

I worked construction my whole life and rarely made over 100k a year. I've invested my whole life and now have 3 beach rentals bringing in over $10k a month. I've saved my whole life and invested in a capitalist society. It worked for me. I didn't go to college and painted houses. I worked hard and I saved and read every get rich book I could. Start investing, work hard and learn from people that have done it and give it time.

Economic Pedophilia

True, but you can't fault others for not being exposed to those ideas. The reason is that if more people tried it, not enough would be left to slave for the corporate parasites. Ironically, many of the born-rich, like Gates and Buffett, started businesses when they were teenagers.

So it is all about the way we are groomed economically. Born into wealth implies that the heir is born to be boss. Not being born into wealth implies born to be bossed.

 

[kaz]

Only dumb fucks make spelling errors.

Wow, you are really desperate

 

[Ray From Cleveland]

Economic Pedophilia

True, but you can't fault others for not being exposed to those ideas. The reason is that if more people tried it, not enough would be left to slave for the corporate parasites. Ironically, many of the born-rich, like Gates and Buffett, started businesses when they were teenagers.

So it is all about the way we are groomed economically. Born into wealth implies that the heir is born to be boss. Not being born into wealth implies born to be bossed.

The reason they are not exposed to ideas is because they don't teach that in primary education. Sure, you can go to college for it, but what if you're not college material?

If it were up to me, all students would have to take a mandatory investment class for at least a quarter of the year. Learn about stocks, the real estate market, bonds, commodities, precious metals investments, compound interest accounts. Not all kids will be interested, motivated or understand, but at least give the ones with such abilities a chance.

 

[citygator]

Lol, capitalism is supposed to be a free market economy. We don't have a free market economy. There is no competition. Every industry is divided up into four major companies. They use money and influence to right rules that keep it that way. We have anti monopoly laws that are not in forced. Until those laws are in forced we are fucked. No other issue really matters until there is acu competition. He'll the stupid ass Ohio voters voted for a constitutional monopoly on casinos. And then watched as the state did the same thing on weed growers. No public out cry. The entire United States watched as the patriot act gave away our right to no unreasonable search. No public out cry. Asset forfeiture gave away our right to no unreasonable seizure. No public out cry. This place is a joke.

I think you make a valid point except it’s more like 2 corporations vs 4 that are in each industry.

 

[citygator]

Ways to get ahead.
1). Live at home with your parents as you work and save.
2). Do not get married. Keep working keep saving.
3). If you do get married don't have kids.

If more and more young people take this advice they will get ahead. Less debt. The country advances.

Kind of off topic but the country doesn’t really advance without kids. What is the purpose of life? Maximizing your own personal value or passing on a sustainable legacy as a people?

 

[evenflow1969]

I think you make a valid point except it’s more like 2 corporations vs 4 that are in each industry.

It all the corporation and the politicians fault. We enable that shit. Time to stop enabling!

 

[Westender]

Economic Pedophilia

True, but you can't fault others for not being exposed to those ideas. The reason is that if more people tried it, not enough would be left to slave for the corporate parasites. Ironically, many of the born-rich, like Gates and Buffett, started businesses when they were teenagers.

So it is all about the way we are groomed economically. Born into wealth implies that the heir is born to be boss. Not being born into wealth implies born to be bossed.

But I did paint houses for big companies. I painted houses in Florida, hot as hades for not a lot of money. I invested in mutual funds and bought property because I remember my old aunt telling me to "buy land because God ain't making no more" My father was a preacher, a part time college professor and a house painter. He always worked, 3 jobs. I was definitely not born into wealth, my dad never had the money I do but he left a legacy with me because my children will inherit a nice sum. I didn't inherit anything but a great work ethic. My heroes are wealthy people, they are the ones I've learned from and tried to be like. I wanted what they have and I will be investing until my last breath.

 

[Flash]

 

[Westender]

I have a big chunk in a money market account at .85 percent. I need it available as I'm looking for a house to buy.

I'm with you. I'm 62 and close to retirement. When Biden became president I moved all my stocks and mutuals in my IRA into a money market. I did wait until last October. I knew he would tank the economy and I didn't want to be holding the bag.

 

[Woodznutz]

I'm with you. I'm 62 and close to retirement. When Biden became president I moved all my stocks and mutuals in my IRA into a money market. I did wait until last October. I knew he would tank the economy and I didn't want to be holding the bag.

I'm too much of a 'nervous Nellie' to be in the markets. I like financial instruments, less stress. Plus I don't need more money. I just need to preserve what I have. That said interest rates on savings are increasing rather dramatically, so things look pretty good.

 

[Westender]

I'm too much of a 'nervous Nellie' to be in the markets. I like financial instruments, less stress. Plus I don't need more money. I just need to preserve what I have. That said interest rates on savings are increasing rather dramatically, so things look pretty good.

Real estate is my 1st love. I'm saving in my work IRA to buy 1 more rental when I retire and I should be set

 

[struth]

No economic system has lifted more people out of poverty then capitalism

 

[22lcidw]

Kind of off topic but the country doesn’t really advance without kids. What is the purpose of life? Maximizing your own personal value or passing on a sustainable legacy as a people?

Then those who have success without having children and raising them with the ability to do so may be considered selfish.

 

[Ray From Cleveland]

Then those who have success without having children and raising them with the ability to do so may be considered selfish.

Not having children is one of the sacrifices some make to obtain wealth. He doesn't look at it that way.

The CDC estimates that to raise a child today until the age of 18 for a middle-class family, the cost will be $233,000. So if you want the standard two child family, you better be ready to cough up a half-million dollars in the next 20 years or so. That's just your standard expenses like food, medical care, clothing and so on. As we know, most parents give much more than that to their kids.

Here and in Europe the populations are shrinking. Without immigrants, our country would lose population every year. I think that would be a good thing, but others feel differently.

 

[Woodznutz]

Real estate is my 1st love. I'm saving in my work IRA to buy 1 more rental when I retire and I should be set

That's how I funded my retirement nest egg. I owned and managed an 8-unit for 18 years. Worked out great.

 

[Ray From Cleveland]

That's how I funded my retirement nest egg. I owned and managed an 8-unit for 18 years. Worked out great.

The best time to be a landlord is now and the last 10 years. I've been doing it nearly 30 years and have never seen the market like this. My tenants are great people, more like friends and family to me, so I don't take advantage of the rental property shortage. On the other hand, once people move here, they don't move out again. The last time I advertised an apartment was seven years ago.

 

[Woodznutz]

The best time to be a landlord is now and the last 10 years. I've been doing it nearly 30 years and have never seen the market like this. My tenants are great people, more like friends and family to me, so I don't take advantage of the rental property shortage. On the other hand, once people move here, they don't move out again. The last time I advertised an apartment was seven years ago.

I had the same experience, most of my tenants were long-term so I kept rents down. Also got tenants by word-of-mouth references from other tenants.

 

[Ray From Cleveland]

I had the same experience, most of my tenants were long-term so I kept rents down. Also got tenants by word-of-mouth references from other tenants.

That's what's happening now. In CA they were talking about rent controls, but I don't think the government has that kind of power to limit ones ability to make profit. Nobody felt sorry for us during the housing bubble where you couldn't find quality renters for anything and a price war ensued. We lost a ton of money during that time but government didn't help any of us, even though it was their actions that caused the bubble in the first place.