Mind expanding on the gig at the Potomac Almanac where Jonathan ended up as the education reporter, the sports reporter, the police reporter and the business reporter?Did anyone else work there? :-)
To waste food is catastrophic for the environment. All the pesticides, water, oil, resources and more put toxic waste into our air and water. And for what? Absolutely nothing!
Do I think athletes are overpaid? Yes. But does it really hurt anything compared to a
Criminal Evil Overpaid CEO? No. Scummy CEOs murder their workers with impunity, run brutal sweatshops, fire massive amounts of workers even when their companies are massively profitable just to grab even more $billions -- and then when they do a lousy job walk off with a massive Golden Parachute. It would be comical if CEOs weren't so immoral that people whine so much about athletes' salaries, while ignore CEOs much large looting.
"Investors worldwide have collectively decided that foreign stocks should account for 40% of the global stock market’s value. "To be an obnoxious nitpicker, that is probably incorrect. If a stock holder in say Germany has 40% in foreign stocks,"foreign" includes US stocks. So they would have 60% in German stocks, and 40% in all other countries,including the US. Add up all the 95% non US people in the world, and I doubt if there would be 60% in US stocks. :-)
My community saw a wildfire in the middle of winter that destroyed 1,000+ homes. Toxic smoke from massive fires far away hurts the lungs. This never happened before the climate crisis! Just imagine how much more $ could go to retirement or investing if people didn't have to replace houses or spend so much on their health because of toxic smoke!
Better than switching car tech is no car at all. I realize for a lot of people this is unrealistic. But policies can change. It is absolutely absurd that the work week hasn't gotten shorter with the same pay, even thru Americans are much more productive than decades earlier. A shorter work week would mean people are more willing to use longer public transit commutes, and get in shape to walk / bike more. Another policy change would be zoning changes. Many places a living quarter above a store is illegal. If that changed, a store owner could get rid of the car they needed to commute from home to work.
Saying China are up substantially along other 3rd world countries is rather misleading. A lot of their Greenhouse Gases is caused by manufacturing stuff for US & other 1st world countries.Corporations love manufacturing in brutal dictatorships because it allows them to treat their workers like dirt, spew toxic waste & more. That makes them huge amounts of money.
Something like 1/2 the wealth in America is inherited. Just imagine
the risks those trustafarians took finding the right parents! Ask a soldier, a fire fighter, or a worker in a dangerous job about
those risks. Meanwhile a risk free billionaire CEO does a lousy job and walks off with
a multi-million dollar golden parachute.
"I look at many billionaires and think about the companies, even industries they created" That is truly elitist. Billionaires don't single handedly create companies & industries. Even billionaires admit that by their actions. Oh sure, when their companies are skyrocketing in value, they act like they are solely responsible. But then when their companies lose value? Suddenly, they discover that all the other workers are solely responsible for the loss, billionaires never take a pay cut. Worse, billionaires demand socialism for the rich, getting massive bailouts after they crashed the economy in the Great Recession; blackmailing cities to build stadiums for their private sports teams, and much, much more. Even worse, life expectancy is lower in more unequal societies, even for the wealthy. Billionaire factory farm owners overuse antibiotics on healthy animals. This leads
to antibiotic resistance -- which already kills 40,000+ Americans a year, and very
well could lead to the next deadly, uncontrollable epidemic. Billionaires can commit crimes with immunity, for instance dumping toxic waste on us. This means deadly cancer and other bad health outcomes for all of us.
The real reason deflation is bad is because people who take out loans are devastated. For instance, a farmer who has loans to pay to plant crops. Then prices drop for their crops, and yet they still have to pay back the loan, going into debt.Or a family who has a mortgage on a house, which has a price drop. So they are underwater. If there is a great job that they would have to move to, they would have to pay the bank back more than they would get by selling. Or rent wouldn't pay for their house payments.Deflation is what made the Great Depression the worst economic disaster in US history.
Comments
Mind expanding on the gig at the Potomac Almanac where Jonathan ended up as the education reporter, the sports reporter, the police reporter and the business reporter? Did anyone else work there? :-)
Post: Asking the Editor
Link to comment from March 11, 2025
To waste food is catastrophic for the environment. All the pesticides, water, oil, resources and more put toxic waste into our air and water. And for what? Absolutely nothing!
Post: A matter of significant financial concern – want fries with that?
Link to comment from February 23, 2025
Do I think athletes are overpaid? Yes. But does it really hurt anything compared to a Criminal Evil Overpaid CEO? No. Scummy CEOs murder their workers with impunity, run brutal sweatshops, fire massive amounts of workers even when their companies are massively profitable just to grab even more $billions -- and then when they do a lousy job walk off with a massive Golden Parachute. It would be comical if CEOs weren't so immoral that people whine so much about athletes' salaries, while ignore CEOs much large looting.
Post: Sports Fan by Scott Martin
Link to comment from February 15, 2025
"Investors worldwide have collectively decided that foreign stocks should account for 40% of the global stock market’s value. " To be an obnoxious nitpicker, that is probably incorrect. If a stock holder in say Germany has 40% in foreign stocks, "foreign" includes US stocks. So they would have 60% in German stocks, and 40% in all other countries, including the US. Add up all the 95% non US people in the world, and I doubt if there would be 60% in US stocks. :-)
Post: Stuck at Home
Link to comment from November 30, 2024
My community saw a wildfire in the middle of winter that destroyed 1,000+ homes. Toxic smoke from massive fires far away hurts the lungs. This never happened before the climate crisis! Just imagine how much more $ could go to retirement or investing if people didn't have to replace houses or spend so much on their health because of toxic smoke!
Post: What You Can Do
Link to comment from November 18, 2024
Better than switching car tech is no car at all. I realize for a lot of people this is unrealistic. But policies can change. It is absolutely absurd that the work week hasn't gotten shorter with the same pay, even thru Americans are much more productive than decades earlier. A shorter work week would mean people are more willing to use longer public transit commutes, and get in shape to walk / bike more. Another policy change would be zoning changes. Many places a living quarter above a store is illegal. If that changed, a store owner could get rid of the car they needed to commute from home to work.
Post: What You Can Do
Link to comment from November 17, 2024
Saying China are up substantially along other 3rd world countries is rather misleading. A lot of their Greenhouse Gases is caused by manufacturing stuff for US & other 1st world countries. Corporations love manufacturing in brutal dictatorships because it allows them to treat their workers like dirt, spew toxic waste & more. That makes them huge amounts of money.
Post: What You Can Do
Link to comment from November 17, 2024
Something like 1/2 the wealth in America is inherited. Just imagine the risks those trustafarians took finding the right parents! Ask a soldier, a fire fighter, or a worker in a dangerous job about those risks. Meanwhile a risk free billionaire CEO does a lousy job and walks off with a multi-million dollar golden parachute.
Post: In defense of billionaires
Link to comment from October 14, 2024
"I look at many billionaires and think about the companies, even industries they created" That is truly elitist. Billionaires don't single handedly create companies & industries. Even billionaires admit that by their actions. Oh sure, when their companies are skyrocketing in value, they act like they are solely responsible. But then when their companies lose value? Suddenly, they discover that all the other workers are solely responsible for the loss, billionaires never take a pay cut. Worse, billionaires demand socialism for the rich, getting massive bailouts after they crashed the economy in the Great Recession; blackmailing cities to build stadiums for their private sports teams, and much, much more. Even worse, life expectancy is lower in more unequal societies, even for the wealthy. Billionaire factory farm owners overuse antibiotics on healthy animals. This leads to antibiotic resistance -- which already kills 40,000+ Americans a year, and very well could lead to the next deadly, uncontrollable epidemic. Billionaires can commit crimes with immunity, for instance dumping toxic waste on us. This means deadly cancer and other bad health outcomes for all of us.
Post: In defense of billionaires
Link to comment from October 14, 2024
The real reason deflation is bad is because people who take out loans are devastated. For instance, a farmer who has loans to pay to plant crops. Then prices drop for their crops, and yet they still have to pay back the loan, going into debt. Or a family who has a mortgage on a house, which has a price drop. So they are underwater. If there is a great job that they would have to move to, they would have to pay the bank back more than they would get by selling. Or rent wouldn't pay for their house payments. Deflation is what made the Great Depression the worst economic disaster in US history.
Post: Down With Inflation
Link to comment from August 3, 2024