Goldtent TA Paradise

Why the High Flying Stock Market in the Greatest Nation on Earth?

1. Fullgoldcrown says:

   January 10, 2021 - 12:33 am at 12:33 am

   Banned for what

   It’s all true…and will only get worse if Dems prevail

   Thanks Foxy…eye opening

   Now how about a chart

   🙂

2. YYZ says:

   January 10, 2021 - 2:19 am at 2:19 am

   AOC and Bernie could have produced this or perhaps Chavez / Maduro !

   Falshood
   1:54 – Americans DO NOT view fast food workers as dumb or ignorant.
   Those who do are to be ignored. This assumption presented as FACT is designed to create division between class (sometimes it’s sex & sometimes it’s race) – the most basic marxist/machiavelian complaint about capitalism.

   Labor and skill is a commodity and an efficient market pays what that labor market will bear – NOT what it is OWED (everyone’s’wish’ but of course not reality), very few go cradle to grave working at fast food but millions have gotten their start in fast food – a good thing – if people want to work fast food till they die, that’s on them. Society or corp’s do NOT OWE a liveable wage – Those people who feel they are OWED something are in fact OWNED when they get it that is a form of slavery. It is individuals, not society who should determine what their labor is worth and grow that value as they are able. Don’t want to get paid McDonalds wages? – go somewhere else, develop a skill get an apprenticeship etc. Also – would the origins of McD’s be possible in europe under the great wage and benefits package their populous is entitled to?

   Look at how weak and ineffective protests are in europe – they are sheep and subject to the wills of their masters – as being demonstrated right now under Covid – Soon their homes will be invaded for compliance (advocated by UK police chief). “1984” is so cliche now – watch the movie BRAZIL for a preview of what is to come.

   Freedom and happiness is not FREE however the world’s masters would like to convince us it is – and therein lies their power.

   Fox if I understand correctly the purpose in your posting this, I hope you are living in a Californian utopia and if that isn’t working for you try Germany France, UK or any other member of the EU. In the US we still have a choice and that is to not live in the world this video sells (again based on the assumptions K Marx makes about capitalism).

   I absolutely will not argue that the US Fed and CB’s and politicians have been instrumental in the growing wage gap and destruction of the middle class esp. over the past 30 years in the US but that is a different issue and not unique to the US.

   If one’s objective is more freedom, personal responsibility and retaining the benefits of one’s labor to a greater degree – you don’t subscribe to the pitch of this video.

   If one’s objective is to be taken care of for life and do what the society/system/gov’t tells you is for your and everyone else’s good – maybe this is appealing, but that mentality is not what makes the US a great place to live.

   Expecting your rebuttle to continue a discourse on this topic. Thanks.

   • silverboom says:

     January 10, 2021 - 8:18 am at 8:18 am

     Well said, YYZ, well said indeed.

     I started work making ice cream cones in a diary for .50 an hour. I was a slave. Actually, I couldn’t believe it when I got a paycheck and could spend all of that money on whatever I wanted. From early on, I was a spender, not a saver. I also had a paper route, made .02 for every paper delivered. Learned many life lessons on that one.

     Back in 2013 – a lifetime ago – I was chosen to be an artist in residence (photographer) for two weeks at Rocky Mountain National Park. We were living with my dad in Michigan, and were flat broke. The ONLY way we could afford that trip was to earn the money. My wife got us both jobs at a garden center with two locations. I worked at one, she at the other. The owners were (as entrepreneurs tend to be) somewhat odd ducks, but we didn’t care. We worked for $7.50 an hour. Made enough to go to Rocky Mountain NP in 10 weeks. I recall coming home one day from work and could hardly lift my arms over my head, I was so worn out. But we both loved it. Physical labor among flowers and plants, helping people pick the right things, taking care of those growing things. I was surprised at the general laziness of the younger folks working there, but I busted my hump from arrival to departure. I also knew that a single storm could wipe out the owner’s inventory and cause large financial pain. They weren’t rich, but live a middle income lifestyle. Second generation operation, and they were hard working folks themselves. They WORKED and paid us what they could afford to pay us. We did get a .50 an hour raise after four weeks because we were such good workers.

     Now I spend my winters in an RV park in Florida. Last year I started helping a guy who has a business washing and waxing Airstream trailers. He asked me how much I wanted to be paid. I told him $20. No problemo, since he was making $60 an hour by himself. With me alongside, he works less and finishes faster – his income per hour stayed the same!! Slowly I began picking up repair jobs and wax and wash jobs on my own for non-Airstream trailers and motorhomes. Sometimes I get $30 an hour, sometimes I get $50. Happy to get the work and the $$. If someone doesn’t like my prices, they don’t hire me. The marketplace at work.

     This country is full of people with the gumption to not settle for low wages. They are a stepping stone if you have the brains. I’ve met several folks who started at minimum wage in a fast food operation and now own a franchise themselves. When higher pay is forced on businesses, jobs disappear. It is how market work. Interfere with that, and you’re depriving people who need income the very income they need. The new “$15 wage” movement is destroying jobs – it’s why McDonald’s now has a robot that can make burgers faster and better than a human, and increases profit margins while doing it. And why self-ordering kiosks replace behind-the-counter order takers.

     If there is a wage gap problem, it’s because of the economic misalignments caused by – wait for it – government (including the Fed) intervention in the marketplace. Pure and simple. Poverty was quickly disappearing in the USA until, of all things, President Johnson launched his “War on Poverty.” And of course, poverty turned around and went up. Just like the cost of healthcare. As soon as government gets involved in anything, bad things happen and costs go up. And keep going up forever.

     • silverboom says:

       January 10, 2021 - 8:19 am at 8:19 am

       BTW, the title of the video says it all: “Labor Practices Compared” – the assumption being the government has some involvement in people selling their labor. Balderdash. I should be able to sell my labor for whatever the market will bear – nothing more, nothing less.

   • silver fox says:

     January 10, 2021 - 1:52 pm at 1:52 pm

     Thanks for your comments, YYZ.
     I am card carrying Conservative, not a liberal. Socialism carried to the extreme doesn’t work. Neither does unbridled capitalism.
     An extreme Socialism might contribute little or nothing to society and expect the state to supply a good living. An extreme capitalist might pursue limitless wealth and devil take the hindmost.
     In the story of Siddhartha an Indian prince abandoned his throne and all its wealth to seek enlightenment. Shunning all physical comforts he meditated unsuccessfully for many years. One day as he was sitting under a banyan tree near the banks of a river, a boat drifted by. In the boat was a man teaching his son to play a stringed instrument. The strings must not be too tight, said the man, or they will break, and they must not be too lose, or they will not play. At that moment the Bhudda became enlightened.
     Its the same with a political and social order. It must balance freedom to pursue individual wealth with regulations to ensure that the rights of others are not trampled. Consider Henry Ford, the inventor of assembly line manufacturing. He gave his employees a pay raise, paying more than his competitors. Thus his employees were able to afford to buy his cars. By sharing, Henry Ford became a wealthy industrialist.
     It is important the we look out for and care for each other, both as individuals and as a society. An enduring civilized society must have balance, else it is lost. When I look toward some American cities – Baltimore, Cleveland, Detroit, Philadelphia for example, and others – it seems that balance is already lost. Is it?

     • YYZ says:

       January 11, 2021 - 12:51 am at 12:51 am

       +100

3. Marcusjames says:

   January 10, 2021 - 3:31 am at 3:31 am

   Kinda makes one wonder why so many people are trying to get here. They must be just ignorant, eh?

4. silverboom says:

   January 10, 2021 - 8:56 am at 8:56 am

   This video is chock full of presumption and convoluted thinking. Example: he assumes a) there is such a thing as a “fair wage;” that “fair” wages are determined by what it costs to rent a two bedroom apartment; and on and on he goes. He’s never heard of freedom, free markets, supply and demand. What a dipwad. He talks about the ignorance of Americans in general, then displays his ignorance in bright lights. if he believes the things he spouts in this video, I’m sure places like Venezuela, Cuba, Canada, Australia, Hong Kong, Japan, Mexico, Phillipines, Spain, the UK, all would welcome him to their respective utopias.

5. silverboom says:

   January 10, 2021 - 9:02 am at 9:02 am

   Sheesh. Exploitation, fairness. Who the hell decides what is fair? Life ain’t fair. The Denmark example is fair? A full year of paid leave upon landing a job? WTH? Who re-engineered this twit’s brain? So we now use Denmark as our benchmark for what is right, what is “fair?” I know what – put me in charge, I’ll decide what’s fair for everybody. That would work out great, right? Who would trust the government to decide what is right or fair?

6. silverboom says:

   January 10, 2021 - 9:07 am at 9:07 am

   People who think the author of this video is on the right track are feeding their own ignorance. Period.

7. Karl says:

   January 10, 2021 - 9:20 am at 9:20 am

   I must admit not to have made it through the video (too much to do, bad attention span), but I think that it is not bad at all.

   1. Those who attack the video’s points should realize that the video makes the point, at least implicitly, that things are a lot worse than they might have been in their youth. Things are being sped up, the huge corporate employers (typically the big D donors etc) are doing all sorts of dirty tricks to their employees, gouging them using in effect D-type psy-ops etc on you and their employees in PR.

   Additionally the influx of low-paid people along with other (more important) forces from outside the US helps push down wages.

   2. People want to come to this country for diverse reasons. Some may want to come here temporarily for some high tech reasons then go back or not. Many Hondurans e.g., come here because of a coup against a relatively democratic government by nasty Hitlery-Obama supported regime friendly to US corporate interests etc that super-gouge people there. Others are simply grifters who want to come, or simply stupid people who are deceived by grifters. All sorts of reasons. But in general it tends to become hell elsewhere because of coups here and superexploitation by foreign interests often from here for “democracy” and coups and soft coups under the guise of the propaganda of the sorts you are perhaps(????) beginning to see turned on you.

   3. Marx. Marx famously stated he was not a Marxist because of all the crap quoted about him even way back then. Someone in the 60s who wrote a lot of useful stuff about him (not a Marxist) wrote that one should read Marx not Marxists because of all the garbage out there by “Marxists” or those writing about “Marxism”. You really need to know what you are talking about. Marx’s writings are valuable tools. For example they can be used at least as well to critique something like N Korea or the old USSR as anything else. The Democratic Party calls itself democratic. The many leninist countries called themselves “democratic republics” as well as “marxist”–I think the argument could easily be made that the terms “republic” and “Republican” apply much better than “marxist”. Various people in the US you don’t like call themselves “republicans”, or of this or that religion apply the title of that religion. A lot of crap is produced by “artists” and experts tell you it is “art” and they are “artists”. There is an insane amount of misquotation and misattribution.

   Studying and careful consideration from multiple perspectives is good when applying terms.

8. Karl says:

   January 10, 2021 - 10:11 am at 10:11 am

   People here who think that they are under something like sophisticated neo-fascistic attack by entities that support the D-party and donate to BLM (like some big corporations perhaps featured in the video?) have my sympathies.

   However they should also realize that also under similar attack with combined ruthlessness and at times sophistication are heritage poor — white, black, and (in the Southwest heritage) hispanic populations who have not accumulated capital but may be pretty nice people

   and people who may not be so bad who have been pushed or enticed across the borders by a border (and other) policies designed to exploit heritage populations as well as immigrant populations and turn everyone against everyone else for mutual exploitation and maximum control

   (later the idiot professional and managerial class types (equivalent to “cadre” as the maoists call them) — the “liberals” who support the D party) if they live long enough may join in ruination if things go uninterrupted)

   —> Do realize that things have changed and the underclasses are getting hit really badly too in most areas though electronics and organization of appearances from above is as heavy handed as it is for you.