Joel3102

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Posts posted by Joel3102


  1. 11 minutes ago, Leo Gura said:

    He's pretty Yellow.

    Green progressives too quickly dismiss him because they confuse him with Orange and not being Green enough. Classic pre/trans fallacy.

     

    11 minutes ago, Leo Gura said:

    He's pretty Yellow.

    Green progressives too quickly dismiss him because they confuse him with Orange and not being Green enough. Classic pre/trans fallacy.

    Yeah listening to the podcast he’s definitely quite a sophisticated thinker. So is the Charisma on Command guy

     


  2. 3 hours ago, Progress said:

    @Leo Gura While most of your suggestions would indeed fix a lot of capitalistic problems, I believe one would severely backfire with two more doing more harm than good. No ownership of stock unless employed by the company means that the company will be held an even more exclusive amount of shareholders and wealth even more concentrated. Lets also remember that a lot of retirements and investment portfolio of average citizens depend on owning shares of companies that the shareholder has no involvement in. Let us also not forget that the stock market has lifted many average people out of poverty or greatly supplemented an otherwise mediocre standard of living. 

     

    Yeah that one struck me as most problematic. Surplus savings in the economy generally becomes investment which are used as either debt or equity in the economy. By not allowing surplus savings to go back into the economy via equity, the only options would be cash (which is eroded by inflation), reinvesting back into your own company that you work at (which pools all your risk into one basket) or property (wouldn't make sense if everyone was investing in property).  A lot of completely regular people are able to grow their wealth significantly over their life by investing a portion of their savings into a broad sample of the overall market. If your company (or worker owned co-cop) goes bust, you're kinda screwed.


  3. 15 hours ago, Hello from Russia said:

    @Joel3102

    It seems like you've picked up these beliefs from poor people. Cash is the most valuable asset of all because it's the most liquid. That's why rich people who know what they are doing (Which a lot of them are) hold on big amounts of cash and don't just stupidly invest 60-80% of their networth into some good sounding bullshit, like most people people do

    I don’t think that’s true. Super rich people have most of their wealth in either equity or property. It’s actually less risky in the long run not to have all all your wealth in cash because it won’t grow and will be eroded by inflation, unlike other asset classes. Of course as you get older you’ll want more cash because your time horizon is smaller. 


  4. 2 minutes ago, Leo Gura said:

    I generally agree.

    Although a public option might be undermined by the American insurance cartel.

    It's tricky because if you compromise too much you end up with a system so bad that people hate it.

    But then again, nothing gets done without some compromise. The compromises have be strategic.

    Here we have a Medicare levy for everyone of 2% of your income, seems to work pretty well.

    although it doesn’t cover for example dentistry, so you’re screwed if you’re really poor in that area still


  5. 8 minutes ago, Leo Gura said:

    That's like saying, "And where are white people supposed to get their cotton?"

    Go pick it yourself you lazy fuck ;)

    You will earn a lot more under my system because during your entire lifetime of work you will be getting dividends from the company you work for. By being an employee you will automatically be vested in the stock market. So you won't need a 401k. All you'll need is a savings account to hold your earnings.

    Imagine if every Walmart employee -- even the cashiers and janitors -- earned dividends for every year they worked at Walmart. That would be a just system and they would be a lot richer. Working at Walmart would be a lot more enjoyable.

    I don’t entirely disagree that all employees could get some stock or dividends to share in the profit.

    But if your life savings are invested in one stock and it crashes you’re kinda fucked....the good thing about a 401k diversified portfolio is it mitigates for risk


  6. Watching from Australia it’s a little bizarre seeing progressives die on the hill of Medicare for all completely replacing private health insurance. We have Medicare for all here but private health is still very prominent.

    Most people support a public option in the US and it would still be universal coverage, so why not move to that for now? Why insist on only moving from the furthest right healthcare in the developed world to the further left (abolishing private health all together)?


  7. 39 minutes ago, Leo Gura said:

    Yes. I basically fixed my (imaginary) brain.

    It's bascially pointless to pursue higher consciousness without first detoxing your brain.

    That’s great to hear that you have first hand experience of improvement. Will there be a video coming on this? Did you basically just follow Andy Cutler’s book? Chelation seems like an intimidating topic and it seems like you can fuck up and make things worse. 


  8. On 13/11/2020 at 2:08 PM, Leo Gura said:

    Yes, of course.

    No he wouldn't.

    People have made up their minds about Trump long before covid.

    Like I told you guys a long time ago, people do not vote on policy, they vote their Spiral stage. It doesn't matter what the policies are.

    My prediction of Trump's loss was based purely on Spiral stages. He was clearly too low-consciousness for the majority of American's to approve of. His cult base love him, but the other 60-70% of Americans can clearly see that Trump is a low-consciousness monster. And that is why he lost. Trump loyalists don't understand it because they live in reality bubble of their own creation and they don't see outside that bubble.

    The only reason Trump won in 2016 is because people did not know what a monster Trump was. They assumed he was just a successful businessman (Orange), but then they saw that he was more Red than Orange. Trump won in 2016 because the mainstream media did a terrible job in covering Trump's monstrosities and educating the public about what a Trump admin would look like. People were allowed to believe the myth that Trump would be this great business leader, which was a joke to begin with because he was always failed at business. But now everyone's seen that Trump is totally incompetent. So Trump can't run the same con again. He snuck in under the radar in 2016. That was his biggest advantaged which has now evaporated.

    But Trump actually got more votes in 2020 than 2016?

    Biden only just won by about 90,000 votes in a few key states. I seriously doubt without a once in a century pandemic and a terrible response to it, Biden would have been able to maintain such a small victory.