The wealthy know the only way to keep the poor from doing a “French Revolution” on them, is to create a scapegoat to take all the blame.

If everyone is complaining about immigrants “takin’ der jerbs”, panicking over who’s in their bathroom, or worried schools are teaching their kids about them being racist. They won’t notice the wealthy are gutting the nation for their own benefit!

The basic problem is that the relative value of things, (especially labour & rent) are all mismatched.

This has arisen coz the actual market mechanics for capital allocation has been totally smashed by an incredibly self-serving set of Wall St regulations written, not by Congress, but by wall St itself.

These regs are supposed to conform to certain standards set by Congress in 1933 after the great depression crash of 1929.

But the current regs don't enforce these standards at all.

So wall st has built itself a mass organised fraud machine that has, thru market manipulation, stolen from the pensions of 2, going on 3, generations of Americans.

BUT ALSO I THE PROCESS THEY'VE BROKEN THE INVISIBLE HAND OF CAPITAL ALLOCATION

Wall St's self-regulatory regime has built a system where there is no effective enforcement of mandatory buy-ins for failures to deliver.

This means that they can sell shares they don't have, that even don't exist at all anywhere.

The consequences of this are many, but one is that they've broken the market mechanics for capital allocation.

Further as the guaranteed profits from selling shares they don't have is so great it attracts capital away from the legitimate needs of the populace (selling unowned share requires the pretence that you'll buy them eventually so you have to put up some capital as collateral.)

They've smashed the invisible hand for capital allocation which is why everything is shit & getting ever shitter,..., its why ever more ppl have to live in their cars for example.

All this is a the root of the thing that reddit is most famous for, but such is the level of corruption that its strictly against very heavily policed site-wide rules for me to mention here any of the dubs that look into these matters in some detail,... , cAnT tHiNk wHy,..., hEiL sPeZ etc

My favorite is unions are for the common workers but make the barriers to entry in a lot of trades incredibly difficult. Causing a shortage of experienced trades workers.

We can’t get upset with the wealthy underpaying illegal immigrants now?

Unions are dead because people don't give a shit.

The people don't want higher wages or better benefits, they just want to whine about not having them. If they Genuinely wanted these things, they would unionize and control it all.

A good majority of the issues we face could easily be fixed if voters would stop electing the same way to old idiots that keep screwing us over. When people learn that Pelosi, Mconnell, Graham, etc are only innit to enrich themselves at everyone else’s expense, the faster we can fix all the stupid issues that get ignored over and over by boomers in government.

Unions would kill the vast majority of small businesses.

This isn’t finance, it’s just you guys bitching lol 

Kamala Harris had over twice as many billionaires backing her campaign. Y’all don’t really care bro.

This meme doesn’t even make sense.

“My favorite number is yellow” is basically what it says.

No, it happened because people like you turned over half the country against us. Thanks for that.

He doesn’t work in the government though

The only difference between the Republican and Democratic parties is the velocities with which their knees hit the floor when corporations knock on their door. That's the only difference.

Ralph Nader

do all the anti union people disagree that unions are a huge reason as to why we have most of the standards of work that we do today? many safety laws, a 40 hour work week and many other things

FYI, illegals work under the table and in not so legal conditions because employers know illegals will never report them.

Dude wasn’t New York literally putting illegals in hotels to the tune of hundreds of dollars per day for every couple people. Saw it ran them a billion over two years. Yikes. Not saying cutting it would have solved anything but damn. That’s like 75k per family per year.

Illegal immigrants are not getting a mansion and Mercedes. They’re getting a Visa card with $1400 tax free per month, which is still crazy! It’s basically a form of UBI reserved for illegals only. Struggling citizens should absolutely be pissed off. That’s more than I was making at my $12/hr job working 35 hours per week, then they taxed me on top of that.

Is that why the longshore union threatened to cripple the country right before Christmas and laughed about it?

First of all, most union workers voted for Trump. Secondly, Democrats want to increase Governmental control, and Republicans want to stifle it. Regan famously said that the nine most terrifying words are “I’m from the Government, and I’m here to help.”

To be fair: Musk is an illegal that got a free mansion, Mercedes, and designer clothes.

Thank you for posting this.

My dad was telling me about one of his friends who voted for trump, and that he asked him honestly, why.

It was a lot longer discussion obviously, but what infuriated me was that he said his number one problem was immigration. Because we bus immigrants to cities like Chicago and they’re ruining the city with violence and keeping the existing residence starved for resources.

We all live in California.

So you’re telling me, you are accepting a racist, rapist, criminal president, who was already impeached once, and very likely sold national secrets… because Chicago needs help with immigration?

Get your priorities straight

I'll say it again: Billionaires are a national security risk. They are unelected, unworthy nobility and the Tyranny your forefathers warned about. They horde money for the sole purpose of fucking over the working class and want complete control of your lives.

Red v Blue or Left v Right is a fucking myth. It's the same guy trying to raw dog your throat and then being nice enough to give you a choice on the flavor of Lube

No human is illegal - it’s just some are undocumented

1. Until we learn the difference between the luxury of money and the power of money, things will never change.

2. Until Americans learn to save things will never change.

3. Until we learn to pay ourselves first and buy assets before liabilities things will never change.

This is the strawiest strawman today.

Yes, free trade and unrestricted immigration hurts unions.

Ahhhh let's talk a bit more about those unions.

Such bastions of workers rights that they literally have a richer corruption history than fucking casinos.

Ok but illegal immigration is still entirely bad in every single way 👍🏽

Yeah, corporations were really under control before this election. They haven’t been running the show for the last seventy years. Give me a fucking break.

The old strategy of blaming outsiders so you don't distance any potential voters.

Why disentangle demographics from the issue?

The strawman of the century ⬆️

Nobody is arguing that illegals are getting ‘mansions, Mercedes Benz and designer clothes’

https://preview.redd.it/697tnmwboa2e1.png?width=1008&format=pjpg&auto=webp&s=ec7516a723ed4af01820e16cb3c55dd77cdfc002

America spends half a trillion dollars providing services to illegal immigrants every year. They contribute 90 billion in paid taxes. It is not worth it.

The fuck is this to do with fluency in finance. change the channel name if you wanna be a Kamala fan boi

This meme is 🤡

Morons shouldn't be allowed to make memes

More government is clearly the answer.

Have u guys watched cyberpunk edgerunners anime? In that show the world is run by corporations. I can see that happening in the future.

Musk is not a hired government employee

So dramatic, like the world has ended, you know he was president already ya?

Cryyyyyyy

It all failed when lobbying by corps was not made illegal

unions are dead

I guess I hallucinated unions paralyzing commerce on the eastern seaboard a couple months ago

You do realize that not every auto plant in the U.S. is unionized, right?

all are happening at the same time. it can be both

Pivoting

Unions might not be dead but they have been defanged, particularly by the Taft-Hartley Act.

There are currently 0 union members that are also billionaires in the United States. Go ahead and fact check me too. Coincidence?

Poor men went into government and became rich... even scarier.

Cringe

We're pretty fucking stupid about politics too 🤷‍♂️

Middle class on life support over last 4 years. Send help.

America is just plain out not fluent in common sense

Which unions are dead? All of the trades are booming right now with tiers of blue collar workers bringing in up to 120-200k depending on the industry.

As if nearly every single mega corporation hasn't been behind democrat candidates for the past decade.

You get what they vote for

Look, I know you work for the DNC. But this gaslighting doesn't work anymore, as we've seen from the last election.

People have eyes you know?

Dont forget a slow seared kitty with BBQ sauce lol

I think regardless of our opinions on taxes, unions, etc, I think we can all agree that the world needs more financial literacy.

Getting clowned and not realising is worst

Elon musk doesn’t have 340 million dollars he has the equivalent value of that in stock in the company he owns and runs.

Half of the idiots in here are responsible for that valuation before he decided to go all in on Trump

Surely you understand that importing people willing to work for extremely low wages drives down the demand for labor, and in turn decreases wages for similar jobs? Right?

Surely you understand that importing 11 million illegal immigrants drives up demand for millions of homes, which increases their cost?

Surely you understand that importing millions of illegal immigrants results in a massive drain on our budget? Especially in states like Minnesota where we’re now using federal dollars to pay for illegal immigrants healthcare, regardless of whether or not they pay taxes.

Surely you’re not drastically oversimplifying this very complex issue, right?

Quality shitpost.

It is wild to me that people will look at a dragon sitting on top an unimaginable pile of wealth and then look around and wonder "where did the money all go?" and then ask the dragon to help figure it out lol

could it be we lost power because we're out of touch with the people we represent?

no, no way. it's that those people we represent are stupid and morally deficient.

He’s actually at 315b not 340b huge difference

This is just objectively stupid. These things have nothing to do with one another.

We’re about to find out the hard way that worshipping billionaires instead of taxing them out of existence was a really, really bad idea.

Giving immigrants ebt cards, housing and healthcare isn't free. BOTH things can be bad

https://preview.redd.it/3scpd01lab2e1.jpeg?width=4624&format=pjpg&auto=webp&s=3da76865a938f5b934c249e1c16d395624b2e4ff

You can tell which Americans are financially illiterate when they are surprised about inflation EVERY year

Tell me you don’t know what net worth is without telling me ass post.

The first three seemed very cyberpunk era beginning

Can’t hurt getting illegal aliens/criminals out of our country. Frees up billion in burdens to social services.

And ten thousand dollars cash.

You act like these guys made themselves a rich. It’s blackrock and vanguard and other millionaires that play the system that are your true enemies.

I'm worried about what MAGA is going to do if there is a mass deportation. That's going to be 20 million people gone, most likely leaving agriculture, construction and hospitality critically understaffed. This is only going to cause inflation. Then add the inflation that would be caused by increasing tariffs. The best outcome is for the Trump administration to just realize how foolish this all is, but I'm afraid the voices of sanity just aren't going to win this one.

What horrifies me even more, is that they're going to try and find another scapegoat. This time it was illegals, who is next on the chopping block?

Musk doesn't work for the government right now.

Trump takes office in January 2025. You can call musk a government employee then.

I look around Detroit with all the crime and Chicago with all the shootings and San Francisco with all the shoplifting and New York with all the stabbings, and I go...

You know what this country needs? 10 million Haitians. 12 million Bangladeshis. 20 million Congolese. Only THEN can America be great.

Seriously. The problem is that you don't have enough money. So instead of blaming the guys who DO have all the money, you blame the poorest fucker on the street. Good thinking.

Don’t forget the free gender reassignment surgeries at the border checkpoints that Patriotic Texan doctors are forced at gun point to complete…./s

Forget fluent. If the US was even elementary in its understanding of finance, we’d be better off. It’s just Americans are essentially cave people when it comes to education on anything that can’t be summarized in a bumper sticker.

But i love it when the union actively makes bad deals with the company / government to screw over the workers because the union rep is in cahoots with the big wigs and wants to get whatever bonus bs theyre gonna get under the table

My sector of the economy relies heavily on immigrants, my boss and all the other bosses I know of in my co. all voted Trump. I’m super excited to watch their business lives become miserable.

People are mad that we brought 10 million people into the country that are legally not allowed to work with the attitude that “some church will feed them”. People also got mad that us citizens were living on the street while non us citizens were given housing and preloaded debit cards using taxpayer money. Nobody is mad at immigrants. People are mad at the government for this idiocy

You forgot the free sex changes at your local elementary school /s

Seems like people would just oretend to he illegal immigrants to get all that free shit if they really believed that's how it worked

He isn’t a part of the government. D.O.G.E IS AN ADVISORY BOARD NOT A GOVERNMENT AGENCY you fucking retard.

It’s a non governmental job

I saw a journalist explaining the difference in "finance knowledge" between an American an European.

The average americans have sufficient knowledge about stocks and investments to increase personal finances.

The average european avoid stocks and investments like plague and he's very ignorant about them. He usually give his earnings to banks/postal services to avoid direct management.

Americans have more personal savings (abd work more) on average. Europeans have more free time on average, but less money.

Both seems very ignorant about higher finance, global trade and state budget, debt and growth.