In a stable money society, the only thing a person needs to know is to spend less than he earns, and to save. Such a society is perfect for the middle class that just wants to build a home and continue the society.
And it’s better for interest rates to be moderately high, so he can earn bank interest - because the average person has no time or inclination to engage in stock and real estate speculation. Higher interest rates also mean house prices are lower - because they are a place to live and not a speculative investment.
The only people who win on low interest rates are sophisticated schemers who can borrow at zero and make wild investment bets. If they go bad they walk away or file for bankruptcy on the special purpose entity set up for the play. If they score - they take all the gains, and then go on TV and claim special knowledge to credulous CNBC hosts.
We are living in a casino capitalism society that works against middle class savers who just want to contribute to their community.
@elonmusk Aren't AI robots just going to take all the humans roles anyway? At least that's what every tech CEO in the world is so proudly proclaiming at every earnings call and every layoff announcement.
I don't take AI very seriously because the aliens don't take it seriously.
UFOs only love to show up around nuclear missile sites, nuclear plants and nuclear research centers. When they start showing up at data centers, then I'll be worried.
Corporations using DEI as cover to import all the cheap labor they wanted with zero social consequence is wild stuff. The fact none of them paid a price for it is even wilder.
They actively discriminated against Americans and 70% of the political establishment loved it.
@HangingByA He wasn't making the argument that it was about how old they were, he was saying the Italians have accomplished way more. So if the somalis have had longer to do it and have still produced almost nothing of value for civilization, what does that tell you?
@WomanDefiner This is 100% a power trip for this lady, she screams and belittles the kid and then proceeds to go ham on this kid and then when it’s over she will proclaim how great of a mother she is. If this is being recorded behind a corner this isn’t the first time this happened
My Dad was a hard ass growing up and I got the belt nearly every day and I deserved it, Never got it like this.
This is beyond just punishment. This woman is a psychopath.
Given that he was physically incapable of standing up at the end and had to be dragged up by his hair, I would have to disagree with you on that.
I'm not sure why anyone is defending her on this, shit like this just makes people even less okay with the occasional spankings that most parents are fine with, within reason and for a purpose. This just makes her look like a psycho who likes to beat her kids. Spankings should be measured, with an under control parent, and it shouldn't be about making the parent feel good by beating their kid, it SHOULD be about teaching the child right from wrong. You don't need to hit your kid 20 times to get the point across, that's just sadism.
I'm not soft on crime in the slightest and that's exactly why I see this as a crime, because it is. She crossed the line. She also clearly relished the punishment and was doing this for her own gratification, not because she was trying to teach a lesson. I have no issue with spankings and a decent level of corporal punishment but this absolutely crosses a line into child abuse territory. By the letter of most laws as well as by just passing the eye test, it's not great.
This isn't teaching the boy a lesson in my opinion, this is just damaging. And it's not "soft" to think that. Everything has an acceptable limit and this crosses it.
@RadioTx76853@LibOrNormal If your criteria for child abuse is only "causes me long term disability or dismemberment" then you obviously don't know what child abuse is. Nobody cares about kids getting a spanking every now and then but what this lady did was way, way, way overboard. Anybody can see that
She's completely uncontrolled and yelling, is clearly hitting the kid for her own satisfaction and not to teach him a lesson or prove a point. She then drags him off the couch by his hair and makes him stand up after absolutely beating the shit out of him, continuously screaming. Completely psychotic way to try to raise your kids and guarantee that boy won't talk to her at all when he's grown. There's better ways to teach your kid a lesson than this and I think everyone knows that, they just want to make excuses for their own shitty parents mistakes or their own mistakes by making it out that this is somehow okay or "the smart thing to do" when it very obviously isn't
@RamboAndFrens I'm cool with a little old school tough love but this is actually child abuse and it's pretty fucked up. Anyone saying otherwise is just trying to excuse the fact that their parents did this to them as a kid.
America, the fourth largest producer of chips in the world needs to import immigrants from countries that have little to no production because we don’t know how to do it?
Who’s telling him this stuff?
We used to have real titans of industry, real tycoons, great Americans. Now we have clowns that hate you and want to destroy your country so they can get labor 1/2 price.
Andrew Carnegie built 3700 public libraries across this country. Unheard of at the time, Carnegie believed it was your right as an American to have unlimited knowledge.
Henry Ford payed workers double anywhere else, gave them homes (to own) and 3 weeks vacation a year. The only caveat was no drunkenness, no hitting your wife or kids, no gambling and your ass in the church pews every Sunday.
John D Rockefeller built 2800 churches, complete with attached schools and child care facilities in every city and medium sized town in America. He Funded 1000 orphanages and 500 hospitals.
Don’t ever let today’s rich men compare themselves or be compared to these titans of industry. They are nothing like those men, they can only stand in their shadow.
America deserves a better class of rich men, we deserve better because we know we used to have better. These “billionaires” today should be shamed everywhere they go because they bring shame to this great nation. And without this nation they’d have never made a dollar or a damn bit of difference.
@9mmsmg I very much drastically doubt automation will be replacing plumbers, electricians, drywallers, roofers, or almost any other trade anytime soon, if ever.
But I agree with basically everything else you wrote, though.
@hoodfarquaad Probably because Japanese people are a giant cultural and genetic monolith compared to countries like the u.s. that were founded via immigration. It's not better or worse per se, but having 99% + of your people all share a common heritage makes it much easier to get consensus
You can’t get a $1 million mortgage if you make $100K/year.
You can’t get a $75K car loan if you make $35K/year.
The fact that you can get $250K in student loans for a college degree where you’re expected to earn $40K/year is unacceptable and a complete failure of US society.
We have 18 year old kids making financial decisions that all but guarantee a lifetime of economic insecurity.
These kids do not have the capacity to understand the implications of the debt they are taking on.
The corrupt university system has successfully convinced them going to college is the “smart thing to do” and that it will all work out.
These colleges should have to take the financial hit when they load up 18 years olds with hundreds of thousands of dollars in debt that basic math would tell you will never be repaid.
The federal government backstopping all these student loans does nothing but enable colleges to jack up their prices every year with zero accountability.
Shameful.
This doesn't say anything about not being able to use competency tests, it's stating that the test itself was deemed biased. The more specific you make the test, the more easily you can get sued for discrimination.
Solution: use standardized tests across the industry, as many companies already do. Almost every company has some form of competency testing or makes you provide them a portfolio of your own work, depending on the position.
Almost every job requires some kind of proof of competency