Speaking of money, GF and I (me) are doing OK with dipping my toes in selling herbs/spices online. My vendor is some Oregon hippies, who have more stuff than you can shake a stick at. Anyhow, I'm looking to expand to that culinary mushrooms niche. Uh, no go, because it's cutthroat out there on Etsy and eBay. SO move onto seaweed stuff; possible, as in less cutthroat. Then I have this notion, "What about the woo-woo crowd with their healing-whatever herbal shit?" Sure, I'm old enough to recall the Age of Aquarious weirdos. They're still out there, and have money for that sort of thing.
Except I'm the one doing the heavy lifting here, and GF wants to be a part, gawd bless her heart. But man, I've done online retail before; it's in my wheelhouse. I'll sell you stuff that promises to make your bones stronger, or put spring in your step, or help concoct some witch's potion to thwart your enemies. (Killing them herbal spices cost extra). Unfortunately, there's no woo-woo remedy to cure stupid, so won't work on the MAGA crowd. Unless the marketing department wants to sell magic seaweed/mushrooms so they can get laid (no returns accepted).
Anyway, wish me luck on becoming a thousand-aire! Come on, market, baby needs new shoes.
The basic rule of thumb on American wealth has followed a log-log curve segment for decades (+/- the next order of magnitude down), e.g., 10% of the households have net wealth of $1M +/- $100K, and so on.
1% of households have net wealth of $10M +/- $1M
0.1% of households have net wealth of $100M +/- $10M … etc.
There are roughly 130 million households. About 13,000 households could clear the $1B.
“.. the prospect of Ms. Halligan losing her license could serve as a check on administration lawyers who have been accused by judges of pushing the boundaries of the law or intentionally misleading the courts, which has happened frequently in recent months.”
Imagine the lack of self-respect you'd have to have. The self-hatred even, and definitely a warranted inferiority complex. Oh wait. That's every Republican since 1920.
Let's say you want to be a billionaire. So you work very hard - 80 (eighty) hours a week. (That's a lot of hours - 8am to 8pm Mon-Fri, no, you don't get a break for lunch, AND 8am-6pm on Saturday AND 8am-6pm on Sunday as well. Some people claim to work those kinds of hours - but they don't, really.)
Let's say you work really smart, too. You earn $500 (five hundred USD) an hour. And you don't take any vacations, pay any taxes, no Social Security, no nothing, have no expenses at all.
In order to become a billionaire, you have to work at that rate and not spend a penny for about two hundred and forty years. If you started working like that, you would have had to start about the time when George Washington was crossing the Delaware River.
And that's just one billion. Now imagine 200 billion - You would have to start 48,000 years ago - or before humanity got far from stone tools in the Olduvai Gorge...
Real billionaires don’t work like that though. And you’re not factoring in the millions of ways real billionaires will reach in to your pocket in all that time, charge you $1000 for an insulin pen, etc., come up with some new mandatory insurance policy, alter the deal yet again, or simply replace your job with AI to keep you from being a billionaire.
A former coworker of mine said that billionaires don't actually have to do any work to make money. They can live quite comfortably just on the interest their money makes. He also mentioned that there's no possible way to spend all that money on stuff (durable goods or otherwise), so the whole myth about billionaires being critical contributors to the economy is a large load of bullshit.
This is true. Any half-decent investor with enough to play with can get about five percent return, after taxes and inflation. Five percent of one billion works out to about a million bucks a week.
And that's only one billion.
(As an aside, Meg Whitman, a dot.com billionaire, spent about $165,000,000 (165 million) of her own money on her failed campaign for governor of California - but when the election came around, she was wealthier than when she started.)
Hell, I have a high-yield saving account that was paying 3.8% or so last time I looked, and my balance in that account is many zeroes below a billion (or even a million, come to that).
I was watching the Stupid Pete conference. I changed it after five seconds.
Now I'm having veggie tacos. They have potatoes, squash, and onions.
"...all that is left to buy for these people is power that no individual person should have."
That sums it up perfectly.
Rich people are bored.
Bored people are dangerous.
S.H.I.E.L.D.: Strategic Homeland Intervention, Enforcement and Logistics Division.
With Dan Crenshaw as Nick Fury.
That seems like a rather frightening scenario...???
https://www.youtube.com/watch?v=Hi2yvpdtz1M
https://www.comicbookherald.com/omnibussin-nick-fury-from-war-world-ii-to-s-h-i-e-l-d/
Dan Crenshaw is not right wing enough for MAGA anymore...
Let that sink in...
𝘛𝘢𝘹 𝘵𝘩𝘦 𝘳𝘪𝘤𝘩, 𝘧𝘦𝘦𝘥 𝘵𝘩𝘦 𝘱𝘰𝘰𝘳
'𝘛𝘪𝘭 𝘵𝘩𝘦𝘳𝘦 𝘢𝘳𝘦 𝘯𝘰 𝘳𝘪𝘤𝘩 𝘯𝘰 𝘮𝘰𝘳𝘦
https://www.youtube.com/watch?v=zEQNb17BSd0
Great song! "Fly Like an Eagle" said something similar:
Feed the babies
Who don't have enough to eat
Shoe the children
With no shoes on their feet
House the people
Livin' in the street
Oh, oh, there's a solution
It’s questionable if they thought that was a good thing. The rest of the lyrics were definitely not PC by the 1990s.
Speaking of money, GF and I (me) are doing OK with dipping my toes in selling herbs/spices online. My vendor is some Oregon hippies, who have more stuff than you can shake a stick at. Anyhow, I'm looking to expand to that culinary mushrooms niche. Uh, no go, because it's cutthroat out there on Etsy and eBay. SO move onto seaweed stuff; possible, as in less cutthroat. Then I have this notion, "What about the woo-woo crowd with their healing-whatever herbal shit?" Sure, I'm old enough to recall the Age of Aquarious weirdos. They're still out there, and have money for that sort of thing.
Except I'm the one doing the heavy lifting here, and GF wants to be a part, gawd bless her heart. But man, I've done online retail before; it's in my wheelhouse. I'll sell you stuff that promises to make your bones stronger, or put spring in your step, or help concoct some witch's potion to thwart your enemies. (Killing them herbal spices cost extra). Unfortunately, there's no woo-woo remedy to cure stupid, so won't work on the MAGA crowd. Unless the marketing department wants to sell magic seaweed/mushrooms so they can get laid (no returns accepted).
Anyway, wish me luck on becoming a thousand-aire! Come on, market, baby needs new shoes.
Place a cap on personal wealth. There needs to be a maximum wage, the same as there is a minimum wage.
They ain’t making it on “wages”. The filthy bastards don’t have “earned income”. Their money makes money.
They need to reduce the lifetime giving exemption to a couple of million, not $13M
Remove as many estate tax exceptions as possible, e.g., farms, land, etc.
Gotta figure a way to eliminate the “step up” for inherited investment portfolios above a certain threshold.
Carried interest!
BTW, go ahead. Put in the cap. They’ll use trusts.
Ayep.
Also, errybody gets pizza.
agree
Do you have ANY idea how long I have been making that very assertion?
...and Drumpfenfuehrer has made Noem his shield maiden.
Well...perhaps "maiden" isn't the most accurate designation.
As pure as the driven slush.
Noem didn’t just get fired, she pissed off asshole. Now what’s the poor dear going to do? She’s ruint!
Pissing off Dear Orange Leader is the only thing that gets you fired.
What she did was worse than murdering 2 unarmed or legally armed and already disarmed American citizens in cold blood in Shitler's eyes...
So it could be just about anything...
A WOMAN embarrassed the Depraved Despot.
THAT cannot be tolerated.
The basic rule of thumb on American wealth has followed a log-log curve segment for decades (+/- the next order of magnitude down), e.g., 10% of the households have net wealth of $1M +/- $100K, and so on.
1% of households have net wealth of $10M +/- $1M
0.1% of households have net wealth of $100M +/- $10M … etc.
There are roughly 130 million households. About 13,000 households could clear the $1B.
Except they don't. About 1,000 households clear the 1B. Your equation does not match reality.
So the tens of millions of dollars ICE Barbie spent on the fluff TV ads where she rides a horse around Mount Rushmore are now WASTED!?
Maybe MarkyMarkWayne's face can be AI Roto-Routered onto Noem's body so the ads can be used and the money not wasted. 🤪
Also that Airport TSA Video is gotta go!!!
I’ll give Noem credit. You can’t tell from her face the level of disappointment she must be feeling.
You can tell she's upset when she starts flipping her hair back.
Is she happy? Is she devastated? Is she organic?
If she had an actual expression it might crack her makeup.
She's keeping a stiff upper lip.
Making her "O" face must be mighty painful.
This is why she dates Lewandowski....
I thought I saw a filler shift a bit....?
Gnomes former boss, The Donald, probably uses more filler than she does.
That isn't her face.
Botox is a helluva drug
If only the bit about better serving our beloved billionaires had been in the recipe section.
okay phew yrrrrrrr
smoking lamp is lit!
[when will there ever be a pause, even??]
It's goddamn relentless
I miss No Drama Obama so much.
"What's in the news? Oh, nothing really? A new Consumer Protection Bureau? That's cool"
rather than
"HOLY FUCK WHAT NOW!"
every hour
I mean, it's not even Friday...
Kristie Noem is FIRED---- can't believe this hasn't been posted yet....
Ding Dong, Bitches
https://youtu.be/kPIdRJlzERo?si=WmfsbrDbrtSO-hvY
Gee, that'd be swell
Carl Quintanilla
@carlquintanilla.bsky.social
“.. the prospect of Ms. Halligan losing her license could serve as a check on administration lawyers who have been accused by judges of pushing the boundaries of the law or intentionally misleading the courts, which has happened frequently in recent months.”
https://cdn.bsky.app/img/feed_fullsize/plain/did:plc:z6rujpf4u56jfie7aqic2nfg/bafkreie4adfexpjkrod4s62lchrroblg2phxxzgkyuag33oweqp5e5odhq@jpeg
Please, please, please make it so! Start making examples out of these people and rip their bar cards up with all due haste.
she keeps parking in the 'I Am TOO A Lawyer!' reserved spot at the courthouse
Anybody who works for Trump is basically a human burner-phone.
Imagine the lack of self-respect you'd have to have. The self-hatred even, and definitely a warranted inferiority complex. Oh wait. That's every Republican since 1920.
But wait, there's more math-ing to do!
Let's say you want to be a billionaire. So you work very hard - 80 (eighty) hours a week. (That's a lot of hours - 8am to 8pm Mon-Fri, no, you don't get a break for lunch, AND 8am-6pm on Saturday AND 8am-6pm on Sunday as well. Some people claim to work those kinds of hours - but they don't, really.)
Let's say you work really smart, too. You earn $500 (five hundred USD) an hour. And you don't take any vacations, pay any taxes, no Social Security, no nothing, have no expenses at all.
In order to become a billionaire, you have to work at that rate and not spend a penny for about two hundred and forty years. If you started working like that, you would have had to start about the time when George Washington was crossing the Delaware River.
And that's just one billion. Now imagine 200 billion - You would have to start 48,000 years ago - or before humanity got far from stone tools in the Olduvai Gorge...
The numbers are just preposterous.
Please read some Robert Reich, people! Regular plain English explanations of al this shit!
Real billionaires don’t work like that though. And you’re not factoring in the millions of ways real billionaires will reach in to your pocket in all that time, charge you $1000 for an insulin pen, etc., come up with some new mandatory insurance policy, alter the deal yet again, or simply replace your job with AI to keep you from being a billionaire.
They should.
A former coworker of mine said that billionaires don't actually have to do any work to make money. They can live quite comfortably just on the interest their money makes. He also mentioned that there's no possible way to spend all that money on stuff (durable goods or otherwise), so the whole myth about billionaires being critical contributors to the economy is a large load of bullshit.
This is true. Any half-decent investor with enough to play with can get about five percent return, after taxes and inflation. Five percent of one billion works out to about a million bucks a week.
And that's only one billion.
(As an aside, Meg Whitman, a dot.com billionaire, spent about $165,000,000 (165 million) of her own money on her failed campaign for governor of California - but when the election came around, she was wealthier than when she started.)
Hell, I have a high-yield saving account that was paying 3.8% or so last time I looked, and my balance in that account is many zeroes below a billion (or even a million, come to that).
See also owners of losing sports teams.
Heh. When they persuade (bribe) the local authorities to fund for them a new stadium out of public money.
Pfff. At the most they make an effort at rent-seeking. They contribute nothing.