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Started By
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re: How much damage can a stupid socialist Mayor Zohran Mamdani do to NYC
Posted on 4/30/26 at 1:54 pm to Auburn1968
Posted on 4/30/26 at 1:54 pm to Auburn1968
0
Posted on 4/30/26 at 2:01 pm to 4cubbies
If you have worked with the type of entrenched Union leadership that was existent in Detroit for any period you would understand that they are greedy, corrupt, and irrationally stupid. The union demands for wages, pensions, and healthcare were sure to bankrupt those companies over time (reference Chrysler for a good example), and were not in line with what most Americans made in order to have a comfortable lifestyle.
I do put 49% of the blame on the weak leadership of those companies though, they should not have given in to the outrageous demands of the unions.
Failure by both sides.
I do put 49% of the blame on the weak leadership of those companies though, they should not have given in to the outrageous demands of the unions.
Failure by both sides.
Posted on 4/30/26 at 3:01 pm to wackatimesthree
quote:
Of course it does, if, for example, they are raising capital to invest in a more profitable venture
PE buying a company knowing it will bankrupt it so PE can sell of its assets to raise more capital to buy another company with the intention of selling off its assets and bankrupting it is what you are calling "efficient" in this scenario.
You're also claiming to have prophetic knowledge that all these businesses wouldn't turn a profit equal or greater than the short-term profits acquired by bankrupting them.
quote:
You're claiming to always know how long a piece of string is.
I'm doing no such thing.
quote:
Remember the housing crisis around 2008? There's an example. Forcing banks to lend money to people that they never would have lent money to without being forced, that market conditions would never have produced naturally, so that everything could be "fair" and "disadvantaged people" could buy a house.
This is an example of what? Guardrails?
The example you gave is circumstance-dependent.
quote:
My definition of greed is when people demand more than they've earned.
Noted. That's not how the dictionary or most people would define "greed." You're describing entitlement.
Posted on 4/30/26 at 3:37 pm to 4cubbies
Loading Twitter/X Embed...
If tweet fails to load, click here. LA nipping on NYC's heels.
I hope they get what they want.
You about to see pre-Bladerunner LA.
Posted on 4/30/26 at 6:35 pm to 4cubbies
quote:
PE buying a company knowing it will bankrupt it so PE can sell of its assets to raise more capital to buy another company with the intention of selling off its assets and bankrupting it is what you are calling "efficient" in this scenario.
Not necessarily. It could be to facilitate some other type of deal. But as far as your appeal to moral outrage goes, sure. Tell me how I'm wrong given the dictionary definition of the word I posted.
quote:
You're also claiming to have prophetic knowledge that all these businesses wouldn't turn a profit equal or greater than the short-term profits acquired by bankrupting them.
Nope. I've said the opposite. More than once now. I've offered that example as an example of how that COULD be true, while stating multiple times that whether it IS true is circumstance-dependent.
Is this the part where you start intentionally mischaracterizing what I say? Have we already reached that point?
quote:
The example you gave is circumstance-dependent.
It is, but this claim is in the context of, "We've accumulated a lot of guardrails. To the point that we have so many that I can't think of an example in which the problem isn't made worse by trying to add more."
If you can give me some recent example where we discovered we still had a previously unaddressed hole in our "capitalism guardrail system" and shored it up and the results were awesome, I'm all ears.
quote:
Noted. That's not how the dictionary or most people would define "greed."
First of all, it pretty much is how the dictionary defines it because it (at least the one I used) uses the word "deserve." As in, people are being greedy when they demand more than they deserve. (Which is exactly why these words do nothing but cloud a discussion about economics. Because now whether the dictionary agrees with me depends on how it defines another word.)
And here's what it says:
quote:
To deserve means to be worthy of, or to have earned something based on actions, qualities, or behavior, whether positive (reward) or negative (punishment). It implies a rightful claim to a reward, punishment, or treatment
That's pretty much exactly what I said. People are being greedy when they demand more than they are willing to exchange value for.
Secondly, I said from the outset that your definition would be different than mine. This is not a surprise.
Posted on 4/30/26 at 6:46 pm to stout
quote:
He's bankrupting them on purpose so he can gain more support for phase 2 of his plan which is just straight up asset seizure
I guarantee the property owners and prominent business people are already planning on how to get rid of him. You are crazy to think this does not happen. When the right people get the MSM to torch him he will lose his luster.
Back in 2015 I was staying at a Hampton Inn a couple blocks away from the Brunswick GA airport which is not big enough to hold three HS football games simultaneously. As I was sitting at the stoplight next to the airport fence I noticed a nice personal jet landing and several more already there on the ground. I did not think anything about it until two weeks later I read a story on how the Republican Party held an emergency meeting a few miles away at a resort on St Simons Island. Every prominent R whether in office, retired, or large doner/backer was there... Subject was how do we get rid of Donald Trump.
Posted on 4/30/26 at 6:46 pm to 4cubbies
quote:
Detriot
I like Orania. It is a South African enclave of only White Afrikaaners. Only White Afrikaaners can live there. The people of Orania can only use the labor of their neighbors and they must pay a fair wage. Using foreign cheap labor has been the downfall of every culture. The people doing the labor eventually ends up replacing the other culture. The South African government only tolerates Orania because it's biggest export is electricity.
Posted on 4/30/26 at 6:47 pm to Auburn1968
As much as it deserves
Posted on 4/30/26 at 10:58 pm to 4cubbies
quote:
You're describing entitlement.
I forgot this line the first time through.
No, I would say that "entitlement" is one feeling that can lead to greed. It's not the only one, and it doesn't always lead to it.
For example, one might feel entitled to an opportunity in which they can exchange equal value. The willingness to exchange equal value is present, so there is no greed involved.
This interaction of motivations probably describes the desire of a woman to occupy a position that is traditionally usually occupied by men. She's willing to do the work, and she feels entitled to the opportunity to do it.
Posted on 4/30/26 at 11:43 pm to 4cubbies
quote:
I'm doing no such thing.
Missed this the first time through as well.
Yeah, you are. You're making statements that are entirely circumstance dependent as though they are always a certain way.
Posted on 4/30/26 at 11:53 pm to 4cubbies
quote:
No one can speak factually about capitalism
Well, nothing you have said is factual. You're fricking retarded.
Posted on 5/1/26 at 12:03 am to 4cubbies
quote:
This is an example of what? Guardrails?
Ah, yeah.
Wasn't that the motivation? That "greed" had kept people from getting their "fair" opportunity to own a home, so those regs were going to correct the failings of capitalism?
That wasn't the rationale? If not, what was it?
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