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Public Pension Timebomb, Explained

newtboy says...

Why aren't (some) officials questioning the pension liabilities? In many cases it could be because Republicans at least tend to let the pensions go bankrupt then allow agencies off the hook for the retirement packages many worked a lifetime to earn, so why worry? Oddly, when it's multi million retirement packages for CEOs of companies being bailed out, the same people insist it's a contractual obligation that can't be ignored.

Most Popular Streaming Services - (2005 2020): Monthly users

newtboy says...

Sure did...almost as bad as blockbuster.
I read the CEO of Netflix said if Blockbuster had started streaming two years earlier (they first tried in early 09 through TiVo) it would still exist and Netflix would have died.

kir_mokum said:

prime started before netflix? man, did they fuck that up bad.

bobknight33 (Member Profile)

newtboy says...

No, there aren't. The cheating is excessively one sided.
Republicans certainly think it helps them, or they wouldn't be doing it over and over and over and over while claiming illegal immigrants are the problem with zero evidence to back their claims.
There have been zero democratic campaigns caught cheating, changing ballots, purging voter rolls, closing polling places in areas where the minority population increased and adding more in affluent areas, instituting polling taxes, or voting multiple times or for dead people. Those were ALL Republicans. Show me an instance in the last decade of a democratic conspiracy to commit vote fraud, I doubt you can even come up with individual instances. Btw, OANN or other disreputable sources (propaganda networks) will be ignored, if you find a story there, verify it elsewhere before using it as evidence, because the chances they're making it up are good.

I would agree with allowing Sunday voting, but your party has banned it because huge numbers of minorities were voting after church, so Sunday voting was removed in multiple Republican led states. I also support a full week of voting. Mandatory voting, while I like the idea, is incredibly complicated and won't work in America imo, and especially not if you removed voting by mail.

I'll run with in person only (although I don't really support it) because that also hurts Republicans badly....the elderly almost exclusively vote by mail, your main voting block.
With ID....ok, but to be fair, it needs to be a voting only ID that every person needs to go wait in line at the DMV or courthouse to get. If Republicans had to jump through the same hoops they want to set up for the poor, they would remove all the hoops....elderly and CEOs won't accept having to procure a seperate id just to vote, like they insist is a good idea for the poor who don't drive so don't have a driver's license...they only like the idea if the id they already have covers them, not if they have to do anything to get one.

bobknight33 said:

Cheats on all sides. I want none. Cheating helps no one.
Should have mandatory Sat/Sunday voting only. no 2 or 3 week pre voting. Also want in person with ID.

If you out to town / state oh well.
For military would concede an exemption.

Vox: Why drugs cost more in America.

Sagemind says...

Seven executives of top pharmaceutical companies were grilled before a congressional panel Tuesday about the nation's skyrocketing drug prices

Sen. Ron Wyden, the ranking member of the committee, blasted Big Pharma as "morally repugnant" and accused the companies of operating in an "unacceptable" way. He grew testy when he believed the executives weren't being forthcoming about reducing list prices.

"All of this other stuff is window dressing," Wyden snapped. "You are stonewalling on the key issue."

At one point, he pressed the chairman and CEO of AbbVie, maker of the arthritis drug Humira, which, according to a recent New York Times story, has doubled in list price since 2012, from about $19,000 a year to $38,000. Wyden wanted to know whether the company makes money on drugs in Germany and other Westernized nations where patients pay, on average, 40% less than Americans.

"Yes, we do," CEO Richard Gonzalez said.
If that's the case, Wyden said, "you can do the same thing in the United States."

"How is that not gouging the American consumer?" he asked. "You are willing to sit by and hose the American consumer and give breaks to those overseas."

https://www.cnn.com/2019/02/26/health/senate-hearing-skyrocketing-drug-prices/index.html

Vox: Why drugs cost more in America.

Sagemind says...

Okay, the whole last statement is Bullshit.
"Americans are subsidizing the cost of drugs for the rest of the world." "The reason drugs are so expensive in the US, is becuase they are cheaper everywhere else."

BULL
Talk about shifting the blame.
The reason the drugs are so expensive is because the Drug companies are "for Profit" private companies, and they know people will die without their product so they also know there is an urgency for people to have the drugs. So they jack up the price for bigger profits. Stock owners want better return on their investments, so the board and CEO do everything they can/get away with to get as much as they think they can without breaking the bank. AKA, the consumer - of course, there is an acceptable death rate that they factor in, which they feel is safe to shield them from backlash, staying as close to that line as possible.

As always follow the money - see what these companies make in a year.

<iframe src='//players.brightcove.net/2111767321001/default_default/index.html?videoId=6007817856001' allowfullscreen frameborder=0></iframe>
http://players.brightcove.net/2111767321001/default_default/index.html?videoId=6007817856001


"As a result, even with major R&D spending, pharmaceutical companies remain highly profitable. They have the tenth highest average after-tax profit levels of more than 100 different industries. And according to figures from Axios, while drug companies bring in 23% of health care’s U.S. revenue, they make 63% of the total profits."

Emilia Clarke is startled by Houston Rockets mascot, Clutch.

A Better Way to Tax the Rich

newtboy says...

The veracity of the statement has no bearing on the fact that you dismissed/questioned it first, and now agree. Your position changed....and so has your argument now from 'staggering wealth inequality isn't a bad thing" to ' wealth inequality isn't staggering'.
Forgive us if we take the words of economists, historians, reality, and our own senses over a random person's opinion.

Wiki- in 2014 the top wealthiest 1% possess 40% of the nation's wealth; the bottom 80% own 7%; similarly, but later, the media reported, the "richest 1 percent in the United States now own more additional income than the bottom 90 percent".[8] The gap between the top 10% and the middle class is over 1,000%; that increases another 1,000% for the top 1%. The average employee "needs to work more than a month to earn what the CEO earns in one hour"
If that's not excessive, I have to wonder what could be in your opinion. My wife, head of her department for 10 years, working 45-50 hour weeks, makes $30k a year working like a dog (at a job that is life and death for her customers, platelet donation, her department keeps our only local blood bank open as the only money making department, she doesn't make fries.)...Warren Buffet makes >10000 times that much doing absolutely nothing...not excessive?! Also, because he only pays taxes on what he spends, he pays less in taxes than we do.
Thpp!....Ack!

dogboy49 said:

My position hasn't changed. Contrary to the assertion in the video and the summary, wealth inequality here in the US isn't "staggering", nor is it even remotely excessive.

Economy is Great for Billionaires, Bad for Working People

newtboy says...

Yes, and they used those tax breaks to buy back stock, not create jobs.
<7% went to workers in the form of wages increases or new jobs. Far more went directly into the pockets of a few CEO s. Many of those businesses he touted as being saved and growing thanks to him have closed factories since the tax cut and some left the country.
It would be interesting to find out how much George Soros got from those tax cuts thanks to uncle Donny.

bobknight33 said:

True Trump did not directly create jobs.

Under his reign the Government did cut tax rates of business that create jobs And Government regulations that enabled business to to grow and create jobs easier.

This is why women love him

L0cky says...

Installation of the Peg Valve Transference Unit requires a signed TN.17 (3 copies); a filled and signed FL.54 (additionally signed by 3 witnesses); majority approval from the Board of Optimal Manufacturing Process; majority approval from the Board of Human Affairs; and a sworn affidavit from the CEO (or appointed delegate if the CEO is on leave) that the proposed change will neither impact the human rights of the human resources, nor negatively impact the economy of the state.

The above solution only required a signed Refrain from Sexual Misconduct and a basket.

AeroMechanical said:

Uh, and if, as appears to be the case, *every* widget goes in the basket, why is there a person doing that?

00Scud00 (Member Profile)

A Scanner Darkly-Alex Jones Scene

FlowersInHisHair says...

Except that YouTube (a private company) refusing to host his videos isn't at all equivalent to the government dragging him away and silencing him against his constitutional rights. Obvious, perhaps, but worth saying anyway, given that's how the alt-right have been portraying his "takedown". Also, he was only banned from Twitter for a week and is back spewing his hateful dangerous lies on that platform as if nothing happened, with the tacit approval of its CEO, who loves the clicks.

New Rule: Trump Is Above the Law

RFlagg says...

Probably? Try 100%. The scary thing is his supporters, the entire evangelical Christians, will walk lock and step with him all the way. They are 100% guaranteed to turn out in force in November 2018, so no Blue Wave, and they are guaranteed to show up in 2020 as well. He has 35% of the voting population that will support everything he ever does. Like he said, he could shoot somebody on live TV and wouldn't lose a vote. He's giving them everything they ever wanted. Everything. We'll be in a theocracy by the time his two terms are up, and then he may become President for life. And yet the liberals keep thinking that sooner or later, he'll trip up... he tries to order the Post Office to increase their rates specifically to Amazon because it's founder owns a newspaper that has said bad things about him, and now has ordered the Justice Department to carry an investigation into his political enemies. He doesn't understand the divisions and separation of power, he thinks being President is like being an owner and CEO of a major company. And the GOP will never do anything to stop him, again because he's got that 35% that is 100% guaranteed to follow him no matter what. He could appear on TV and say "I'm doing everything I can to undo that niger Obama's Presidency... and we all know there's a difference between a black person, like my friend Kanye, and a nigger like Obama" and they'd just say something like they don't share his opinion, but do nothing... he could follow through with his threat to shoot somebody, and they wouldn't care. There can be no overstating the dangers democracy is in right now in the country, that's how bad it is...

Mordhaus said:

Scary thing is, he is probably right. *quality

Emotional support Peacock turned away by United Airlines

ulysses1904 says...

I'm starting a social media campaign to hurt the airline financially because they didn't provide a gluten-free organic lactose-free vegan low-fat meal option for my service rhino. And then I overheard two flight attendants sounding annoyed with my demands so I published the home phone number of the airline CEO. Fucking attention-whores.

Ever read Stephen King's book "The Cell", where people's brains are damaged by cell phones? Look for it in the non-fiction section.

Millennials in the Workforce, A Generation of Weakness

MilkmanDan says...

That was quite good.

But man, that 4th issue is a doozy. Learning that "hard work pays off" is difficult when it just really doesn't, at least not anymore. Massive income inequality, zero class mobility, and on and on. We feel like relatively easily replaceable cogs in a relatively pointless machine because WE ARE.

We hear lots of stories about people that manage to buy in, feel like they are doing something important and making a real impact, enjoy some period of good job satisfaction...

...and then all too often, they end up looking like saps when the company that they work for gets bought out by some massive faceless corporation that doesn't value their years of loyal service at all, at which point they get replaced by A) a robot, B) an outsourced sweatshop laborer in a 3rd world country that can be payed a fraction of the local rate, C) a younger and more compliant hire that will inevitably have a massive turnover rate, but who cares because there are plenty more where that came from, or D) the cokehead nephew of the new CEO that needs a job to keep him out of trouble, and hey, might as well keep things in the family, right?

Maybe I'm just a bitter, late Gen-X'er.

Healthy As a Horse

TheFreak says...

Jesus, Bob! I don't want the guy dead! WTF!

I WOULD like it if he was doing something more suited to his skills and temperament. He was great as a reality TV charicature of a sociopathic, incompetent CEO.

bobknight33 said:

@newtboy
@Mystic95Z
@TheFreak



For a 71 year old he is healthy and you sifters still can't admit it.

Your bias is so bad.

Guess you can still pray to the the CNN GOD of Gupta for a heart attack.



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