Top Tweets for #UprisingSoon
A man who still had to work at 78 got covid at a meat plant owned by a $36B conglomerate
Among his final words: "call in sick for me and let them know I'll be back"
After he died the company denied the family's claim
"why are people fighting capitalism"
https://t.co/NRMDCCjQwj
Good thread on the modern form of American capitalism — a system that benefits those with capital.
(via @SRuhle)
Sallie Mae offering college loan sharking services to my oldest son.
They’re charging young Americans up to 1200bps > FFR to learn while the Fed printed $3T in the last 3 months to help finance Boomer entitlements.
I can’t imagine why America’s youth is so honked off... 🤔🤔🤔
On June 19, the Fed bought $4,000,000 worth of $AMZN bonds with a .4% coupon, maturing in 3 years.
On June 18, the Fed bought $4,000,000 worth of $AAPL bonds with a .75% coupon, maturing in 3 years
Another $8,000,000 on June 24th
Your $600 PUA runs out in a few weeks, Amerika
The top 10% of US households account for almost half of total consumer spending & are more likely to have kept their jobs & savings through the pandemic. Low- and middle-income households are in the exact opposite position: DB’s Torsten Slok
Land of the Free. Or so I heard. #UprisingSoon
This is Yusef. 16 (left) when condemned to life w/o parole. 41 now (right w/ his dad). The Supreme Court ruled his sentence unconstitutional. He's been waiting in Michigan prison for last 5 years for resentencing. Prosecutor delay. Now friends dying around him. "I might be next."
Perfect, Beautiful Capitalism Working Perfectly Beautifully.
God's Plan.
#EatTheRich
#UprisingSoon
#FullCommunismNow
"According to a report from the Institute for Policy Studies, during the same period that more than 22 million people lost jobs, the wealth of America’s billionaires rose by an astonishing $282 billion." https://t.co/oPKKJuzxRG
the building I'm in is valued at $72 million and has ~450 units with an average rent of $3000. They pay $77,000 A YEAR in taxes, so the tax bill is 0.005% of annual rent at full occupancy. Small landlords should get aid, big landlords can go fuck themselves. #uprisingsoon #b2g
Why not 24 months? I know, why don’t they just take ownership, except for any fees associated with the property, like taxes and stuff?
“Employees who reject offers of reemployment may forfeit eligibility for continued unemployment compensation”
Most of the young realize that it's a rigged game but one that (for now) it's hard to avoid playing to some extent. #EatTheRich #UprisingSoon
Where does confidence in our economic system sit with younger people? Work hard, save, invest in a home, have a family etc etc, but if every 10 years you get wiped out, the dream looks more and more like a sham. 9/11, great recession, pandemic is all some young people know... 1/X
Individual income tax vs corporate income tax (or the effects of corporate lobbying) in one chart:
So here's my scoop: banks have been given the green light by regulators to take the $1,200 CARES Act payments and use them to offset an individual's existing debts. https://t.co/by1oQ1uoJl
Think about it. Giving unlimited amounts of money to banks & hedge funds does not solve the problem. Nor does our $1,200 check. Wall street will get bailed out per usual and main street will suffer tremendously. #UprisingSoon
Exclusive: JPMorgan Chase to raise mortgage borrowing standards as economic outlook darkens
https://t.co/0IouOAts4j
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