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FORUM / MIKES GRIPES /  Trump tells Republican Politicians his supporters will not vote if they do not overturn election

Trump tells Republican Politicians his supporters will not vote if they do not overturn election

Started by sharkbok54 REPLIES7,060 VIEWS· 15 Oct 2021, 21:10
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SH
sharkbokCaptain23,203 posts
15 Oct 2021, 21:10
#1
15 Oct 2021, 21:10#1

Trump can see he is going to jail soon. The walls are closing in.
He is trying to blackmail Republican politicians with their careers by saying he will tell people to not vote- unless they go along with his coup and create a civil war. 
-

Trump will start supporting other candidates(puppets) to replace the incumbent Republican runners.  These new politicians(puppets) will be Nazis from the Third Reich. 

What has happened to America? It was once the land of opportunity and the fairest place in the world.
Now, the global corporate monopolies have shafted America and they have politicians from both sides on the payroll. All the power is in the hands of a tiny minority, while most Americans are getting poorer. The US Political puppets have more skills as lobbyists than governing. More interested in getting rich than doing their duties as public officials.  

Pushed into a fight of left vs right- even when many people are closer to the center. 



AJ
AJHPro3,183 posts
15 Oct 2021, 21:48
#2
15 Oct 2021, 21:48#2

Get a freaking life you TWAT.

MO
MozartCaptain49,914 posts
16 Oct 2021, 00:09
#3
16 Oct 2021, 00:09#3

Have you ever been in America Shark?

SH
sharkbokCaptain23,203 posts
16 Oct 2021, 00:36
#4
16 Oct 2021, 00:36#4
I have not been to the US, the only places I would want to see are California, and maybe New York. Certainly, would not want to go to a red state after seeing what has been on TV. 

I have never seen the US so divided before in the media. (e.g. the current government are going to arrest people from the past government). It sounds like third-world stuff. 
I have never seen the Capitol stormed by far-right white supremacists or the Black Lives Matter burning the country down. Black Lifes matter is looking like the Zuma riots, and the far-right white people are armed to the hilt walking around in public places. 
While America is getting overrun by illegal immigration from Mexico, and they now have the poor impoverished black race problem which is becoming a larger % of the population, it has created an alt-right amongst many white people in America.

Combined with the social impact of Covid, the US is looking like a country that could go down a militant path- into civil war, or start declaring war on other countries. 

This is not the America that people around the world know...
The once-mighty symbol and bastion of freedom and Democracy are faltering...
The richest 3% have been too greedy, and it is breaking down the fabric of society. 
MO
MozartCaptain49,914 posts
16 Oct 2021, 03:01
#5
16 Oct 2021, 03:01#5

Here’s an inconvenient fact for you to consider:

In the US the top 10% of income earners pay 45% of all taxes.

In France they pay 33%

In Germany they pay 30%

In Sweden they pay 27%

….

The mehanism that creates this result is sales tax….with the high sales taxes in Europe  the poorer classes are heavily taxed. Sales tax is much lower in the US, but property tax paid by the wealthy is much higher.

My London flat and US house were about the same value but I paid eight times as much property tax in the US.

Don’t believe the Democratic dogma,

PL
PlumCaptain21,007 posts
16 Oct 2021, 09:59
#6
16 Oct 2021, 09:59#6
Talk about a mega-ooopsie. VisKop, you seriously need to broaden your horizons. How any person would not want to see the natural beauty of the USA by only visiting NY and California, is beyond me. How about visiting the home of blues and watching some live shows with a bottle bourbon? How about Florida? National parks? Skiing…climbing…Vegas??? My goodness man. Vissie, when last did you go on a holiday that wasn’t of the package variety?
SH
sharkbokCaptain23,203 posts
16 Oct 2021, 14:18
#7
16 Oct 2021, 14:18#7
If 1% of the population owns nearly everything, of course, they would pay more tax. It is just a lower % of tax. And there are various "schemes" used to avoid tax. It is disgusting, and no wonder that America is starting to collapse. 
 To compare the US to a fair place like Germany is not apples with apples.
And what about Corporate Tax where shit bags like Jeff Bozos pay nothing. This is a system designed around the richest who bribe politicians to do their bidding. 
China has always said the Capitalism will fail in the long run because the richest minority will eventually own everything. 

Key Facts. ProPublica found that while the median American household earning roughly $70,000 per year paid 14% in federal taxes each year, the 25 richest Americans (by Forbes' tally) paid a “true tax rate” of just 3.4% on wealth growth of $401 billion between 2014 and 2018.8 Jun 2021
Richest Americans—Including Bezos, Musk And Buffett—Paid ...https://www.forbes.com › sites › sarahhansen › 2021/06/08
--

The Secret IRS Files: Trove of Never-Before-Seen Records ...

https://www.propublica.org › article › the-secret-irs-file...8 Jun 2021 — In 2007, Jeff Bezos, then a multibillionaire and now the world's richest man, did not pay a penny in federal income taxes.

US super-rich 'pay almost no income tax' - BBC News

https://www.bbc.co.uk › news › business-573838699 Jun 2021 — Details claiming to reveal how little income tax US billionaires pay have been leaked to a news website. ProPublica says it has seen the tax ...--Do billionaires pay taxes in the US?
The analysis from OMB and CEA economists estimates that the wealthiest 400 billionaire families in America paid an average of just 8.2 percent of their income—including income from their wealth that goes largely untaxed—in Federal individual income taxes between 2010 and 2018.23 Sept 2021

Billionaires Pay an Average Federal Individual Income Tax Rate

https://www.whitehouse.gov › briefing-room › 2021/09/23--






MO
MozartCaptain49,914 posts
16 Oct 2021, 15:42
#8
16 Oct 2021, 15:42#8

Couple of key words you missed….they ‘paid 3.4% on wealth growth’. Almost no country in the world taxes ‘wealth growth’. They tax exercised capital gains and if those gains aren’t exercised during the life of an individual they pay estate tax.

And you are only looking at federal taxes. Property taxes loom large in America.

The bottom 50% of the population in the States pay almost no tax and get food stamps, child support…..Medicaid. Their account with the government on a net basis is probably negative.


It’s all bs. There is a hard working innovative segment of the US population that has made it all possible…and stunningly successful. Which is why we have such an immigration problem. 

CL
clevermikeCoach57,555 posts
16 Oct 2021, 15:46
#9
16 Oct 2021, 15:46#9

That again is BS misrepresented by the fake media.   SB believes the shit they publish and constantly made a fool of  himself.

What Trump said is that it is not worthwhile to vote for so-called Republicans who are part of the swamp and also corrupt - such as the Democrats are totally.    They do not represent the people - they represent themselves.    

Until the Democrats moved to the extreme left  - where 40% of their support base is -  the difference between the Democratic Party and the Republicans got blurred - but recently the parties have realigned into two different approaches  that  represents -

*    the corrupt Democrats  with only principle being to enrich themselves by all means possible and undermining the USA as a country and democracy worldwide; and

*    the Republicans who enhance the interests of the USA  and its citizens as a Democracy and in doing so counter enhancement of Chines influence in the world.

           

SE
SebPro2,680 posts
16 Oct 2021, 16:48
#10
16 Oct 2021, 16:48#10

Mozart is right, there are other taxes besides INCOME tax and there is tax avoidance (legal) and tax evasion (criminal). Wealth tax, Capital Gains and Dividend tax, interest (usury) etc and Estate Duty is huge, depending on countries and we all pay VAT every time we buy. This differs in SA where all is applicable...except wealth tax but is now on the cards. The rich don't tend to rely on income as they have access to capital carefully planned with all the credit in the world.

The wealthy can be divided into two at least catergories, well off and mega wealthy. The mega wealthy can afford expensive tax advice and services and use complicated legal structures and off shore options.

Both are contributors to economic value to countries, create innovation, create jobs and businesses and employ people who in turn pay income tax deducted from their salaries.

Wealthy people do get the benefit of public services like roads, police etc but hardly ever use other public services...they don't need to. They make and pay for private services.

The working man contributes very little as an individual but only in mass as he usually uses and at times drains these facilities. Ayn Rand called them the looters. And they are always whining and complain as if the world owes them something.

However in SA the new rich (mainly Government Leaders) are big time Looters that not only do this but rob the country's economy and add nothing but destruction of services. We are totally drained...the only sector that full attention is given is SARS.

Depends however on the countries tax systems and in SA the wealthy are generally new wealth obtained by manipulated and blatant theft...and the older rich which are either immigrating or dying out. The middle class cannot immigrate as the rand value is snookered by other countries currency values.

Tax relief should be  pro rata to what you give to a economy (in kind,value and service) not to what you need. What logic is there to penalise those big contributors against leniency to those who contribute very little or nothing. Perhaps a very basic system where all pay a fixed amount of 10% of income earned and no cgt or wt, interest or dividends as this encourages investment and savings and does away with costly and complicated revenue collection and services. 

This is the result of socialism, it appears that USA is facing this problem with new Democrat party which shows similiar ideology to Karl Marx's communism.


AJ
AJHPro3,183 posts
16 Oct 2021, 17:24
#11
16 Oct 2021, 17:24#11

Folks we are all wasting our time on this clown (Sharktwat) as he is out of his depth when it comes to taxes and monetary issues.

Dole, welfare and food hampers are what he understands best.


SH
sharkbokCaptain23,203 posts
16 Oct 2021, 17:44
#12
16 Oct 2021, 17:44#12
Tax lingo is just a legal way to scam tax by the richest 3%.
It should be a simple fixed % for everyone, with no tax specialists to help the richest 3% not pay tax. 
The likes of Trump paying no income tax or corporate tax shows how corrupt it has become. 

The current brand of capitalism is cronyism where corporates bribe politicians to do their bidding with policies that ensure the richest 3% can scam tax and acquire competitors to kill competition.  
Capitalism is about competition, not communist monopolies. Democracy is about choice, not having some monopoly controlling everything. Most people agree Big Tech should be broken up to ensure more competition. yet it is unlikely to happen as the politicians lobbyists are on the take.
Monopolies just become evil corporations that make the law as they go. 

Maybe even Big Pharma could be broken up, or at the very least prevent mergers to ensure the market sets the prices, not the suppliers. 
Imagine all healthcare was privatized- and then they became one big monopoly - they could hold everyone to ransom with the price. 
America allows competitors to acquire each other so they can create monopolies that have maximum profit and no competition. The owners then pay little to no tax, so that means everyone else has to foot the bill. 

Facebook acquired Instagram which allowed Facebook to kill their main competitor, and then everyone complains about Facebook's power. A good government would have blocked competitor acquisitions to ensure competition, and it would have meant Zuckerberg would only have half the wealth of what he does now. 
Same with Google acquiring YouTube etc. 
That is why these people have become so rich. The government has failed the people they represent by allowing communist monopolies. 

Every single article from nearly all media sources says the same thing.The richest pay little to no tax...It is not just a problem in the US, but the US seems the worst for it. 
The richest 1% are getting richer, and as that means less and less money is available to be taxed. They would never have got that rich if there was competition and proper laws that prevented them from acquiring competitors to kill capitalism. 

Also, no monopolies would ensure proper capitalism where one person could not hemorrhage a whole industry, or even or price-fixing oligopolies.
There would still be billionaires, but not as rich as they are now without having gangster monopolies that allow them to have politicians in their pockets. 
American politicians are all on the corporate payrolls, so the people are so distraught they have turned to Trump. A billionaire freeloader whose companies intentionally make a loss so he can steal tax from the government instead of paying it
https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax
DB
DbDraadCaptain26,388 posts
16 Oct 2021, 20:04
#13
16 Oct 2021, 20:04#13

Move to China d!ckhead.

SH
sharkbokCaptain23,203 posts
16 Oct 2021, 20:05
#14
16 Oct 2021, 20:05#14

Remain in the third world where you belong Draad , and don't comment on first-world topics. 

MO
MozartCaptain49,914 posts
17 Oct 2021, 00:18
#15
17 Oct 2021, 00:18#15

Actually every merger is scrutinized for anti trust…these investigations are thorough and involve independent economists and lawyers. I have been through several myself and there are no foregone conclusions.

Big tech has spawned a cadre of billionaires. But society has benefitted vastly by their efforts. There are some things in the tax system, like Carried Interest that are controversial. But most of the stuff in the media is nonsense.

If a profitable company is not paying taxes it’s probably because they have incurred losses before that they are allowed to deduct from future profits.

Dividends and capital gains are taxed at a lower rate, which is why a man like Buffett shows a lower tax rate than one would anticipate. But dividends are derived from an income stream that has already been taxed, as was the money providing the capital to buy the dividend producing asset.

It’s all so hilariously simplistic to assume bad wealthy people aren’t being taxed. The government is constantly trying to get people’s money and people protect themselves.

What moral code says the government should get 60% of your assets when you die….having already taxed those assets multiple times before. 

The imperative to tax derives from the imperative to provide goodies , which derives from the imp erative to get votes, which derives from the imperative to stay in power,

SH
sharkbokCaptain23,203 posts
17 Oct 2021, 12:19
#16
17 Oct 2021, 12:19#16
The anti-trust meetings are a joke. They are filled with lobbyists and shareholders. It is just about making the richest 3% richer and ruining capitalism for their own greed. 
All competition does is erode profits for shareholders. 
No competition is bad for everyone except shareholders. 

These are the people that are making the Democrats further left than what they used to be.
The economy is centralizing with fewer companies and competition, while the shareholders are laughing all the way to the bank. 
If an economy has most of its industries as perfect competition instead of monopolies, the left-wing party will be more central- and the right-wing party will be more central. 

If more and more industries become monopolies, or even oligopolies with price-fixing etc - it will make the richest richer, and everyone else poorer. 
This will push the left party more left, and the right party more right. 


How can Facebook merging with their main competitor Instagram be in the public interest?
It is a joke that it even got to be considered by the "anti-trust" committee. 
It is communizing social media with one voice, instead of plural Democracy. 

Both the left and right hate Facebook as they have a monopoly of social media by owning the 2 main social media companies.
This is in no one's interest except shareholders. The politicians look out for shareholders- their paymasters.


While Big Tech owners have done well, they would not be doing half as well if they were not allowed to kill the competition. 

No wonder America has become such a corrupt country with all the politicians on the take.
Their economy is centralizing like communism with a smaller and smaller group of people owning everything. 




CL
clevermikeCoach57,555 posts
17 Oct 2021, 13:28
#17
17 Oct 2021, 13:28#17

I agree substantially with the above.   However, the Democrats are in bed with the richest four people in the world and they have a huge interest in China.   Fact is the Democrats are the prisoners of the ultra-rich and the Chinese - while their leadership is totally corrupt anyway.

Most Democrats are involved in the armaments industry and a few of the Republicans as well.   Cheney for instance is one of those and so is a few Republican Senators,     Those are the   members the Republicans try and get rid of. and replace with people not in the swamp.   

The Fake media in which you believe in is part of the problem.    They hide things that is opposed to their narrow program  and that program ties in with their owners  as well.   The owners of the Big Tech companies and Walmart - together with the Chinese own the fake media,

Believe me the more you talk about the Democrats left - the more it shows  ignorance of the real situation.     They hate the billionaires - but not their money.    Sanders have three mansions and is a multi millionaire himself - and the rest are all on the take.   

The present scenario fits the Democrats - that si why they want to enhance a dictatorship in the USA.        .                      

PL
PlumCaptain21,007 posts
17 Oct 2021, 13:55
#18
17 Oct 2021, 13:55#18
Let me see if I got this… The same plonker that makes a living from data gained through pissing on the right to privacy. The same tit that relies on Facebook to generate a pay check for himself. The same guy that earns money by using every hardware and software advantage that big tech offers. …is the guy trying to preach to us about the top1%!!!??? These guys made it possible for you and many other people to earn a living, FishNuts. All things being equal they should be taxed less. Remove the top 1%, and all their innovations from society, then see where we are. People that start and run large successful companies which benefit economies, provided they act within the law, are owed a debt by society. Not the other way around. This loser mentality of “oh, they have more so they should pay more” is a disgusting blight propagated by useless politician’s and the even more useless within their constituencies. I have zero time for Mark Zuckerberg, but for me, and in terms of how useful a tool Facebook has become, they guy is owed a debt by society he shouldn’t be liable to pay tax at all. This is from someone that deleted their Facebook account almost a decade ago. Incentivise the talented. That’s how you win. VisKop, I like you less every time you open your mouth.
PL
PlumCaptain21,007 posts
17 Oct 2021, 14:02
#19
17 Oct 2021, 14:02#19
Just think about it for a moment… VisKop literally uses data that is mostly taken from people without their consent, and through sneaky fine print details, to generate marketing and thus earn a living. He does this on platforms that were started and are owned by the exact people that he now wants to tax more for the crime of giving him what he wants/needs and for being good at it. Ironic, transparent, brainwashed, short-sighted, ungrateful, ignorant …the list goes on and on.
SH
sharkbokCaptain23,203 posts
17 Oct 2021, 14:07
#20
17 Oct 2021, 14:07#20

ButtPlug, you just misconstrue what I have said.
I am not knocking the Big Tech inventors; I am criticizing monopolies.

Working in advertising, I can see how Google and Facebook use their monopolistic positions to shaft advertisers.
If there was more competition, advertising online would be much cheaper. Their auctions get more laughable by the day, and it is just them driving up the auction instead of the market.

So I am supporting perfect competition capitalism, not the Monopolies that the US government allow, or actually create through their lack of actions. 

If Facebook was not allowed to acquire Instagram, Zuckerberg's wealth would be less than half of what it is. He invented Facebook (or actually stole the idea) - but he did not create Instagram.
He acquired it due to the government being on the Payroll. and not acting in the public interests.
Now the very same politicians are complaining about the power of Facebook- after getting their merger paycheque. 

Data privacy would improve with more competition, as it would prevent one company getting access to all the information. 

It is simple, competition benefits everyone except the shareholders and company owner. 
If governments allow monopolies, it is because they are on the Payroll. 

PL
PlumCaptain21,007 posts
17 Oct 2021, 14:09
#21
17 Oct 2021, 14:09#21
I might also just add that for somebody that literally relies on marketing and engagement algorithms for a living…how on earth is it not blatantly obvious that the divide in the USA, and elsewhere, has everything to do with AI and engagement algorithms? Fuck me, haven’t you noticed that the entire world, from SA to Brazil and to Europe are being more and more devided? There have been countless docos, studies, articles, whistleblowers and other avenues where one could easily see the above as being the clear result of AI and algorithms. Yet the one person on the board that works with the stuff daily seem blissfully unaware. VisKop, I’m starting to think that you’re not just abundantly thick, but that you’re straight-up a bad faith actor. …just like Hicks warned us.
SH
sharkbokCaptain23,203 posts
17 Oct 2021, 14:12
#22
17 Oct 2021, 14:12#22

@Clevermike, it is clear both Democrats and Republicans in the US are on the take. 

These monopolies have created a massive amount of wealth for a few people- more than enough to bribe all the politicians.

The same politicians who allowed Facebook to launch a hostile takeover of Instagram to create a communist monopoly of one voice on social media. 
In China, only one state controlled media is allowed - and social media has gone down the same path with the merger of Facebook/Instag ram. 


PL
PlumCaptain21,007 posts
17 Oct 2021, 14:13
#23
17 Oct 2021, 14:13#23
I didn’t misconstrue what you said, idiot. I’m saying that if have a monopoly…cool make your own one. There are some exceptions, obviously. …but placing all the top 1% into the category simply makes it so that even clear I just monopolies are tougher to regulate because they’re swimming in a bigger bunch.
DB
DbDraadCaptain26,388 posts
17 Oct 2021, 14:14
#24
17 Oct 2021, 14:14#24

"Remain in the third world where you belong Draad, and don't comment on first-world topics. "

This so called 3rd world gave you your education Viskop...it was set back by idiots like yourself, but I'll take Cape Town over Cornwell any day of the week...water is a bit cold, but Stilbaai is just a few hours away...

PL
PlumCaptain21,007 posts
17 Oct 2021, 14:23
#25
17 Oct 2021, 14:23#25
Data privacy is improving. Thanks to blockchain. In fact, blockchain is will take over the internet exactly because it offers the best of both worlds. On one side it offers instant and fully verifiable services where required while on the other hand allowing true privacy where verification isn’t necessary. It’s pissing all over that middle ground, like where ESPN request cookies to be collected to view their site anonymously. …that’s capitalism at work and one example where a monopoly sees its arse due to something better coming along. De-incentivising the talented, like Fuckerberg, is never the answer. Get that that into your head.
SH
sharkbokCaptain23,203 posts
17 Oct 2021, 15:06
#26
17 Oct 2021, 15:06#26

Blocking monopolistic mergers is not de-incentivizing people...Neither is paying a consistent % of tax as everyone else. 

At no point have I suggested that inventors should not be the richest people in the world. The problem is when they are allowed to acquire competitors. If they are that good, they should be able to compete without eliminating the competition through hostile acquisitions. 

True Communist economist practices are to have 1 company for each industry. (Instead of competition). 
That is where America is heading. Their politics have been a farse, both the left and the right have been on the payroll for ages. 

Preventing monopolies is protecting the rights of 99% of the population, over the richest 1%. 

Anytime there is a corporate merger that reduces or ends competition =
Winners: Shareholders (richest 1-3%)
Losers: Everyone else. (other 97%)

If politicians are allowing these mergers to create monopolies or price-fixing by fewer oligopolies- the only explanation is they are on the corporate payroll and selling everyone out. 


SH
sharkbokCaptain23,203 posts
17 Oct 2021, 15:24
#27
17 Oct 2021, 15:24#27

@ButtPlug

Blockchain may work, but there could be ways around it.

Identifying people is about giving them a unique ID. For a long time, the cookie was/stll is an ID.
Third-party cookies will eventually be phased out, but there are replacement methods to achieve the same results. (e.g. server event tracking of 1st party cookies- and passing this data to Facebook to be matched to their ID database). 
 
If someone logs in to a website like Facebook, they can be ID'ed without a cookie. The login details are mapped to an ID. 
Their third-party behaviors (on websites and apps across the internet) can still be matched up by passing a first-party cookie to Facebook individually by this website server event- which allows Facebook to get around not being able to use third-party cookies.

It is hash encrypted, so it will" or should" only match the Facebook login ID with a server event, assuming that person has a Facebook login ID. 

So unless Facebook was forced to allow people to log in with blockchain, what is it going to do? 
Also, even if people logged into all websites with blockchain, their profile page on Facebook would still have an ID to be matched to a website server events (e.g. a website shopping cart, or account login page after making a purchase). 

MO
MozartCaptain49,914 posts
17 Oct 2021, 17:59
#28
17 Oct 2021, 17:59#28

’Instagram has become a key fixture of Facebook’s growth. Facebook bought the photo-sharing start-up for $1 billion in 2012, paying what seemed like a shocking sum of $1 billion for a company with 13 employees at the time.

Now, Instagram has more than 1 billion monthly users, including 500 million daily users of the Stories feature, which was introduced in 2016 to compete against a popular feature of the same name from Snapchat. That growth has resulted in Instagram being valued by analysts at more than $100 billion, or about one-fifth of Facebook’s total market cap.’

……..

So what does this tell us. The merger is being viewed in the context of what Instagram currently is….but it’s only as successful because it leveraged Facebook’s infrastructure. This is in effect more like new product development than a merger.

…..

‘When Zuckerberg spoke with analysts on the Facebook earnings call in July 2018, he took credit for Instagram’s accomplishment of amassing 1 billion users, saying “We believe Instagram has been able to use Facebook’s infrastructure to grow more than twice as quickly as it would have on its own.’

……

So it’s very hard to say consumers haven’t been massively benefitted by the merger and that Facebook, which by way of disclosure I own in my portfolio, doesn’t deserve to profit by the services it enabled.


AJ
AJHPro3,183 posts
17 Oct 2021, 19:40
#29
17 Oct 2021, 19:40#29

Not for a second do I knock the folks who own the social media companies but they have to be prevented from gobbling up all smaller companies that either offer technology or a product that might raise a competitive threat.

The Telecommunications and Television companies in North America have Federal laws that prevent just such "Buying" up of the competition .

If these laws were not in place we would have one company owning all the cable and telephony with no competition and the users would be held to ransom and brainwashed by the Chinese owners.

Only difference is that most politicians in North America are either on the Board or major shareholders in these social media giants and would not introduce legislation to prevent any such action as they are rolling in the funds generated by these giants.

But the bottom line is action is required NOW.


AJ
AJHPro3,183 posts
17 Oct 2021, 19:46
#30
17 Oct 2021, 19:46#30

Regarding taxes.

Is their system in place anywhere in the world that appears to be fair to all income groups?

SH
sharkbokCaptain23,203 posts
17 Oct 2021, 21:18
#31
17 Oct 2021, 21:18#31

If Instagram had a user base of over 1 billion, and they only had 12 employees- then they had the potential to be better than Facebook. 

If Facebook gave Instagram anything, it was a mature advertising system and the ability to monetize the one billion user base in a quicker fashion. 

However, Snapchat and Tik Tok have built similar advertising systems to Facebook, so Instagram could have done so as well if they were not forced into a hostile takeover by Facebook.
Facebook tried to acquire Snapchat, but the owner of Snap Chat told Zuckerberg to get lost. 

Google was a small company for a long time, as they could not monetize their search engine.
They were a one-trick pony that invented the idea of using website backlinks to rank pages. As soon as people worked out how to spam websites with lots of backlinks, Google was finished and they knew it. They were actively trying to sell Google as they did not see a long-term future once people had worked out their 1 trick of ranking web pages. 

Google was almost acquired by Yahoo - and fortunately for them, the deal never went through. 

Then a tiny compan y called Overture invented PPC advertising, and Google turned into a multi-billion company overnight. Yahoo did however acquire Overture- but it was worthless because Google employed people from Overture. 

Once PPC advertising was invented Google became a profitable company for the first time without relying on venture capital of the dot com era. 

Google then used its dominant position to make continual acquisitions and kill competition. 
They acquired a Display advertising company (that uses interest-based targeting and 3rd party cookies to track people across the internet) . This allowed Google to expand into advertising that was not just searched engine-based. 
Then Google acquired YouTube etc, etc.

If politicians do not prevent monopolies by blocking competitors from acquiring each other- they will cause the collapse of capitalism.
If that happens, it is not capitalism that failed- but corrupt politicians who do not serve the Democratic majority (97% of the population). They have allowed the world to go backwards with a smaller and smaller % of people owning nearly everything- just so they can get a cut for themselves. 

Mark Zuckerburg is a mobster of the 21st century with politicians on the take-
like a civilised Al Capone 

Zuckerberg can see all the applications on people's phones, and how long they use them.
This is how he decided to acquire WhatsApp.
So, Zuckerberg goes onto people's phones to see their behaviour, and from this decide which companies he needs to acquire. 

The US is in trouble as they hate their politicians. The political class has become a bunch of lobbyists who get a cut for accepting bribes to act on the interests of the richest 3%. 

While Americans are torn up between a battle of ideology of left vs right,
politicians and corporates on both sides of the aisles shaft the majority. The real enemies are the globalist monopolies who are the civilised mafia, with politicians on the take. 

Greed and corruption is causing America to go backwards. If a few of these Big Tech monopolies go belly up, suddenly America's GDP is shrinking. 
Everyone benefits from competition except the richest 3%. If politicians act in the interests of the 3% they are on the take. They have accepted bribes from the civilised Mob. 

MO
MozartCaptain49,914 posts
18 Oct 2021, 00:44
#32
18 Oct 2021, 00:44#32

Google had a market cap of $23 billion at it’s IPO in 2004.  It launched as a big company….before that as a private company it was protected from takeover.

But what evidence do you have of corruption? And by what metrics is America going backwards?


SH
sharkbokCaptain23,203 posts
18 Oct 2021, 01:01
#33
18 Oct 2021, 01:01#33

Google started doing paid ads long before their IPO.
Paid ads turned them from a loss-running company to billionaires overnight.
Ongoing acquisitions of competitors have ensured continued domination by killing the competition. 

An example of backward is the ancient Egyptians. A tiny minority owns everything.
So, any progress is an upgrade from this. (e.g. Ancient Greeks/Romans, Modern Democracy). 

It is common knowledge that the richest 3% are getting richer at the expense of the other 97% of the population. While this is not unique to America, it appears to be at its worst in America. 

The average wage appears to be lower than many 1st world countries (especially when you take out the highest 3% of earners to normalize the data).
The median wage seems low given the US is the richest country in the world,

What is the average American Wage? The average annual wage in 2019 in the US was $51,916.27, and the median annual wage was $34,248.45. The median wage is the wage “in the middle,” while average refers to the measure of central tendency for all the data.22 Aug 2021

What Is the Average American Income in 2021? | PolicyAdvice

https://policyadvice.net › insurance


There is not even a minimum wage which is a total joke, in an economy filled with monopolies and collaborating oligopolies. If it was perfect competition (the ideal economic state for capitalism), having no minimum wage might work. Perfect competition would allow the market to influence the rate, whereas a monopoly will look for ways to shaft people's wages. 

Covid has magnified the problem and shown America to be a country that is designed for shareholders. It is Democratic, except for anything that is money-related.
Anyone else can die- especially if they have not opted into private healthcare. 

The left and right in America have never been so far apart, which is a sign of a country in trouble. A stable Democracy will have a left and right that is closer to the center. 
The only way to fix the problem is to break up monopolies to bring back capitalism - and that will bring the left and right closer to the center.
(And ideally, a fair tax system that creates fair competition). 

MO
MozartCaptain49,914 posts
18 Oct 2021, 01:40
#34
18 Oct 2021, 01:40#34

Every state has a minimum wage. But in most cases it’s a token number. Actual wages for basic work are far higher. 

To say America is not a stable democracy is hard to justify. Hell you live in an hereditary monarchy! Most European countries have cobbled together alliances….Germany, Italy. I’d be far more worried about the fate of Europe which seems to have been behind by technology and have growing immigrant issues.

The US will be fine.


SH
sharkbokCaptain23,203 posts
18 Oct 2021, 01:53
#35
18 Oct 2021, 01:53#35
The UK certainly has its own problems, which are made worse by the conservative party made up of a hereditary monarchy that would love to bring back the feudal era. 
A parliament that is split in two to avoid being Democratic- namely the house of "Commons" and the house of "Lords". 
The Lords are just there to protect the interests of the richest 3% by vetoing anything that is economically fair. 
 
Embarrassing gave it is the 21st century to be called a lord and a commoner ...  The Eaton educated have their own mini-Apartheid based on birthright. 

Most of the prime ministers from the Torries over the last 10 years, only last about 1-2 years to get deals through for the richest 3%. Once they get their bribe, they are gone. Usually back into being lobbyists. 

The UK left party (Labour) has also been going more left, while the right appears to be going more right. Democratic socialists (like Bernie Sanders) are increasing on the left in the UK. 

I have actually never voted in my life.
I won't vote for a right-wing party that represents the richest 3% interests - and will especially not vote for a hereditary monarchy, and I won't vote for the left as they are becoming too far left wing. 
There does not appear to be a centrist party option- or even a left or right closer to the center. 
 
SE
SebPro2,680 posts
18 Oct 2021, 08:18
#36
18 Oct 2021, 08:18#36

It is the old story...the Plebs against the Patricians...it's as old as the hills. It really never changes because the problem lies deep in the heart of mans selfish nature.

The middleclass has developed and it seems that's the status quo but middleclass tend to have sheeplike qualities too...today many were lower classes ele vated to their present status and can be easily manipulated too.


The Plebeians Revolt

Starting around 494 BC, the plebeians began to fight against the rule of the patricians. This struggle is called the "Conflict of the Orders." Over the course of around 200 years the plebeians gained more rights. They protested by going on strike.


PL
PlumCaptain21,007 posts
18 Oct 2021, 09:04
#37
18 Oct 2021, 09:04#37
Ai ou VisKop As Moz pointed out, the US does have a minimum wage in most states. However, since you seem to think… “There is not even a minimum wage which is a total joke…” Kindly tell us why the absence of a minimum wage would be a joke? How about I make this statement and then we see where you land. The advent of minimum wage has been a key contributor to the increasing wealth gap.
SH
sharkbokCaptain23,203 posts
18 Oct 2021, 10:00
#38
18 Oct 2021, 10:00#38

This is slave labour, not a minimum wage by first-world standards.
No wonder Americans are storming the Capitol. Although some of them are so stupid they rejoice in "capitalism" that allows companies to use them as slave labour.


$7.25 per hourThe federal minimum wage in the United States has been $7.25 per hour since July 2009, the last time Congress raised it. Some types of labor are exempt: Employers may pay tipped labor a minimum of $2.13 per hour, as long as the hour wage plus tip income equals at least the minimum wage.

Minimum wage in the United States - Wikipedia

DB
DbDraadCaptain26,388 posts
18 Oct 2021, 10:04
#39
18 Oct 2021, 10:04#39

$7.25 is almost R1000 per day...

SH
sharkbokCaptain23,203 posts
18 Oct 2021, 10:09
#40
18 Oct 2021, 10:09#40
ButtPlug, I would rather not discuss economics with you- for the simple reason that you have the IQ of a school kid, combined with a far-right conspiracy ideology that is unhinged from reality.
I have seen educated economists talking about the pros and cons of a minimum wage.
The supporters do not factor in that the economy is not in a state of perfect competition - but is instead monopolies and collaborating oligopolies. 

The only way no minimum wage could work is if all (or nearly all) industries were in a state of perfect competition- that would allow the dynamics of capitalism to work the way they were intended.  If you have monopolies owning politicians, it is absolutely essential to have a minimum wage. 


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