The pilot shortage is over:
#171
That doesn’t reflect reality though the 1% in the USA is skewed due to GDP.
The wealth of a company being attached to a single social security number doesn’t change wealth and privilege concentration in a way society can experience.
It’s also hypothetical wealth they can’t sell with destroying the price. Most company’s do good to sell the whole company for 7 years profit. So if Facebook makes 40B a year you can sell the whole company for 280B.
Facebook is advertised as worth 1.7Trillion and it makes 40B, so that is like buying a business for 1.7 million that makes 40k a year.
Like using average instead of median
The wealth of a company being attached to a single social security number doesn’t change wealth and privilege concentration in a way society can experience.
It’s also hypothetical wealth they can’t sell with destroying the price. Most company’s do good to sell the whole company for 7 years profit. So if Facebook makes 40B a year you can sell the whole company for 280B.
Facebook is advertised as worth 1.7Trillion and it makes 40B, so that is like buying a business for 1.7 million that makes 40k a year.
Like using average instead of median
#172
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Joined APC: Jun 2010
Position: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
Posts: 6,783
What's your knowledge of living under, or near, Communism? I grew up in W. Berlin, surrounded by 'communism', and I always shake my head when people compare the U.S., in any fashion, to communism. One teacher in particular had been a people smuggler so the Stasi were after him. He had to fly in and out of W. Berlin as the DDR had an arrest warrant out for him. Listening to his stories was fascinating. As a kid you don't realize you're in the presence of a hero. Buddy and I used to head towards the fence (mostly a fence with mine fields and fields of fire, brick wall was only in downtown Berlin, concrete wall was in urban areas) and threw stones over the fence to see if we could set off any mines. Buddy "you choose a big double trunk tree for us to hide behind in case a mine went off." We had' the discussion about the DDR guards shooting at us. Yeah, where does that happen in the U.S.?
Previous posts commented about talking about passions and not shop. But shop can be fascinating also - "tell me about your background." A couple of young guys have *****ed "I don't want to talk about that." When the guy's story starts with "I grew up in behind the Iron Curtain. When they wouldn't let me fly I decided to walk through the mines fields to find freedom." Another guy - "I was a nation/international caliber small boat sailor (I forget the type but we had sailing to talk about since I did some basic stuff). 'They' wouldn't let me compete outside of the Eastern Bloc because they didn't trust me. Finally they decided they could trust me and I went with the Polish national team to London. They were right, they shouldn't have trusted me. Within 10 minutes of passing immigration I'd escaped. I went to the Equadorain embasssy because I figured they'd be watching the U.S. embassy closely. The Equadorians took me in." Holy schmooly. Talk about fascinating, courageous and bold, people. Walking away from EVERYONE they know, risking death and/or imprisonment, to go to a foreign country for freedom.
Previous posts commented about talking about passions and not shop. But shop can be fascinating also - "tell me about your background." A couple of young guys have *****ed "I don't want to talk about that." When the guy's story starts with "I grew up in behind the Iron Curtain. When they wouldn't let me fly I decided to walk through the mines fields to find freedom." Another guy - "I was a nation/international caliber small boat sailor (I forget the type but we had sailing to talk about since I did some basic stuff). 'They' wouldn't let me compete outside of the Eastern Bloc because they didn't trust me. Finally they decided they could trust me and I went with the Polish national team to London. They were right, they shouldn't have trusted me. Within 10 minutes of passing immigration I'd escaped. I went to the Equadorain embasssy because I figured they'd be watching the U.S. embassy closely. The Equadorians took me in." Holy schmooly. Talk about fascinating, courageous and bold, people. Walking away from EVERYONE they know, risking death and/or imprisonment, to go to a foreign country for freedom.
#176
My great grandmother died in a Gulag in 1984.
Her crime? My grandfather defected to the west and my great uncle was "Forest Brother" in Latvia who was executed in 1958 after capture and torure. Just being related was a crime
Soviet consul in Boston had the gall to come to our farm and demand money to pay for her final expenses.
I got to see my mom punch out a Soviet Bureaucrat. God I wish we had handheld video cameras then.
Her crime? My grandfather defected to the west and my great uncle was "Forest Brother" in Latvia who was executed in 1958 after capture and torure. Just being related was a crime
Soviet consul in Boston had the gall to come to our farm and demand money to pay for her final expenses.
I got to see my mom punch out a Soviet Bureaucrat. God I wish we had handheld video cameras then.
Of course, I will have to report you now as you are obviously engaging in espionage and subversion.
#177
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Joined APC: Jul 2022
Position: 787 FO
Posts: 634
#178
#180
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Joined APC: Sep 2009
Posts: 609
I'm very, very big on property rights.
I'm just not sure that needs to extend for decades, or centuries, after your death. Give future generations the opportunity to succeed on their own terms, and take justified pride in it. Most trust fund kids don't do too much for society.
I'm just not sure that needs to extend for decades, or centuries, after your death. Give future generations the opportunity to succeed on their own terms, and take justified pride in it. Most trust fund kids don't do too much for society.
Wasn't this a part of Marx's premise?
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