

Biden’s always served the interests of the Monied elite. The main factor in which political party he joined was in how electable it was in his district.
Biden’s always served the interests of the Monied elite. The main factor in which political party he joined was in how electable it was in his district.
They’ve ridden being “the lesser of two evils” as hard as possible for as long as possible but people have started to get numb to it and Republicans broke the Gentlemans agreement on corruption they had with Democrats.
Republicans and Democrats have had a gentleman’s agreement about corruption for a long time and he was determined to uphold his end of it.
Republicans and Democrats have had a gentleman’s agreement about corruption for a long time and he was determined to uphold his end of it.
Republicans and Democrats have had a gentleman’s agreement about corruption for a long time and he was determined to uphold his end of it.
The two are related
The short answer (ba dum, tisssss) is that some forms of mutual funds buy a little bit of every stock rather than picking and choosing. Then, for reasons never really made clear, they let other investors borrow those stocks as long as they return them later.
When recycling first started where I live, we had multiple bins. Paper, and i want to say metal/glass and plastic. Plus garbage and yard waste. But I’m refering to the fact that paper by itself faces additional sorting prior to recycling.
Sears could have been what Amazon is today. Hell, it the 19th century, it WAS was Amazon is today. But the focus is so often on financial trickery over actual sound business practices
Alot of debt gets bundled into bonds or other investment vehicles and sold. So small retail investors, retirement funds, etc end up holding the bag. Sometimes the banks lose, but they can take tax write offs and if the loses are too great, they can often get bailed out by the government.
It’s not hard to use financial trickery to temporarily tank a stock price making it easier to buy up a company. When redditors went after gamestop shortsellers, the shortsellers used tricks to dip the stockprice just low enough just temporarily enough to trigger margin calls and crush the redditors.
Because bankers buy politicians and if people complain they buy news coverage to call the naysayers socialists
Kinda like how Uber and Lyft put cab companies out of business and then their prices skyrocketed?
Yes and No. Sears could have limped along for longer but the geriatric leadership they brought in made a bunch of stunningly bad decisions. Sears built their business on catalogs and shipping direct to consumers. With their huge distribution network, trusted name, and network of stores they could have embraced a hybrid model and been on the cutting edge of e-commerce but the geriatric fucks they put in charge doubled down on the retail model they had always known but with shittier service.
One of the reasons they have so much money is the financial trickery that private equity employs
Pretty much nothing in “the economy” works like it does in theory. It’s always way more complex so the people with the most power and money can squeeze more exploitation out of it. I really like how this guy explains it
https://www.facebook.com/reel/976701137942045
https://www.youtube.com/shorts/1LcJjd6Wosw
He’s got a whole series on Private Equity
I was agreeing with your “not just one type of plastic” comment
That’s only the most recent reason making things worse.
Well, he sure can’t blame the ultra-wealthy oligarchy that groomed him to wield power on their behalf.
I agree