US manufacturing employment continues to shrink:
— The Kobeissi Letter (@KobeissiLetter) March 10, 2026
The manufacturing sector lost another -12,000 jobs in February, to 12.57 million, the lowest since January 2022.
Employment in the sector has now contracted in 23 of the last 25 months, the longest losing streak since the 2008… pic.twitter.com/p4D0kD3qbH
Trump's first 100 days
826,918 Views |
14855 Replies |
Last: 7 min ago by Assassin
boognish_bear said:We're watching a financial crisis unfold in real time.
— George Noble (@gnoble79) March 10, 2026
The last time funds started blocking investors from getting their money back, Bear Stearns collapsed six months later.
In 2007, BNP Paribas froze €1.6 billion in funds.
Bear Stearns declared 2 funds "essentially… pic.twitter.com/Cu1tuex7UV
I'm hopeful the takeaway here isn't that collapse is imminent but, rather, that we learned last time you can't allow a run on money to bring down the entire industry.
nein51 said:boognish_bear said:We're watching a financial crisis unfold in real time.
— George Noble (@gnoble79) March 10, 2026
The last time funds started blocking investors from getting their money back, Bear Stearns collapsed six months later.
In 2007, BNP Paribas froze €1.6 billion in funds.
Bear Stearns declared 2 funds "essentially… pic.twitter.com/Cu1tuex7UV
I'm hopeful the takeaway here isn't that collapse is imminent but, rather, that we learned last time you can't allow a run on money to bring down the entire industry.
Nah, it will be that it is fake news. Never happened.
Actually set a record, greatest economy ever. The world has never seen anything like it...
JUST IN - Trump announces that "America First Refining is opening the FIRST new U.S. Oil Refinery in 50 YEARS in Brownsville, Texas," and thanks "our partners in India, and their largest privately held Energy Company, Reliance, for this tremendous Investment."
— Disclose.tv (@disclosetv) March 10, 2026
Forbes just released its latest annual ranking of global billionaires.
— Gabriel Zucman (@gabriel_zucman) March 10, 2026
The pace at which extreme wealth is rising is simply staggering:
The wealth of global billionaires now reaches the equivalent of 17% of world GDP. 🧵 pic.twitter.com/xKPZfrsl6c
boognish_bear said:JUST IN - Trump announces that "America First Refining is opening the FIRST new U.S. Oil Refinery in 50 YEARS in Brownsville, Texas," and thanks "our partners in India, and their largest privately held Energy Company, Reliance, for this tremendous Investment."
— Disclose.tv (@disclosetv) March 10, 2026
So now our refineries are owned by Indians?
Mike Johnson: "We had a little hiccup with some Latino and Hispanic voters for certain, because some of the immigration enforcement was viewed to be overzealous. Everybody can describe it differently, but here's the good news: we're in a course-correction mode right now. We're… pic.twitter.com/aXbga3zPbf
— Aaron Rupar (@atrupar) March 10, 2026
The_barBEARian said:boognish_bear said:JUST IN - Trump announces that "America First Refining is opening the FIRST new U.S. Oil Refinery in 50 YEARS in Brownsville, Texas," and thanks "our partners in India, and their largest privately held Energy Company, Reliance, for this tremendous Investment."
— Disclose.tv (@disclosetv) March 10, 2026
So now our refineries are owned by Indians?
Navajos!
“May your choices reflect your hopes, not your fears.” Nelson Mandela
boognish_bear said:Mike Johnson: "We had a little hiccup with some Latino and Hispanic voters for certain, because some of the immigration enforcement was viewed to be overzealous. Everybody can describe it differently, but here's the good news: we're in a course-correction mode right now. We're… pic.twitter.com/aXbga3zPbf
— Aaron Rupar (@atrupar) March 10, 2026
No, ICE was great. MN was perfect. None of it matters. Right guys?
boognish_bear said:Forbes just released its latest annual ranking of global billionaires.
— Gabriel Zucman (@gabriel_zucman) March 10, 2026
The pace at which extreme wealth is rising is simply staggering:
The wealth of global billionaires now reaches the equivalent of 17% of world GDP. 🧵 pic.twitter.com/xKPZfrsl6c
That's not a shock. Money grows money. The more you have the more you will have unless you're a moron.
nein51 said:boognish_bear said:Forbes just released its latest annual ranking of global billionaires.
— Gabriel Zucman (@gabriel_zucman) March 10, 2026
The pace at which extreme wealth is rising is simply staggering:
The wealth of global billionaires now reaches the equivalent of 17% of world GDP. 🧵 pic.twitter.com/xKPZfrsl6c
That's not a shock. Money grows money. The more you have the more you will have unless you're a moron.
Well at some point when only a few thousand have all the money and there is no middle class anymore... can we really call it communism when the rest of us ask them to pay off the national debt?
nein51 said:boognish_bear said:Forbes just released its latest annual ranking of global billionaires.
— Gabriel Zucman (@gabriel_zucman) March 10, 2026
The pace at which extreme wealth is rising is simply staggering:
The wealth of global billionaires now reaches the equivalent of 17% of world GDP. 🧵 pic.twitter.com/xKPZfrsl6c
That's not a shock. Money grows money. The more you have the more you will have unless you're a moron.
Known a few guys who were smart and hardworking.
And lost it all.
Timing and plain ol good luck is very beneficial.
The_barBEARian said:nein51 said:boognish_bear said:Forbes just released its latest annual ranking of global billionaires.
— Gabriel Zucman (@gabriel_zucman) March 10, 2026
The pace at which extreme wealth is rising is simply staggering:
The wealth of global billionaires now reaches the equivalent of 17% of world GDP. 🧵 pic.twitter.com/xKPZfrsl6c
That's not a shock. Money grows money. The more you have the more you will have unless you're a moron.
Well at some point when only a few thousand have all the money and there is no middle class anymore... can we really call it communism when the rest of us ask them to pay off the national debt?
get a job, hippie.
That which does not kill me, will try again and get nastier
boognish_bear said:Forbes just released its latest annual ranking of global billionaires.
— Gabriel Zucman (@gabriel_zucman) March 10, 2026
The pace at which extreme wealth is rising is simply staggering:
The wealth of global billionaires now reaches the equivalent of 17% of world GDP. 🧵 pic.twitter.com/xKPZfrsl6c
Every time I mention this I get some dumb response like "you're just jealous that you're not that rich."
It would be nice if we could just admit that this is not the direction we want to go. Shrinking the middle class, watching the generationally impoverished stay generationally impoverished, all the while a Bill Gates has the means to eradicate entire diseases on an entire continent....
Wealth is power, and much like we fought a war to make sure political elites dont decide everything for us, we are going to have to realize that we also dont want a few super rich deciding everything for us.
A system that rewards Bezos with billions for his successful company, while not providing for his employees' basic needs, and somehow not even generating corporate tax most years.... is not a good system.
nein51 said:boognish_bear said:Forbes just released its latest annual ranking of global billionaires.
— Gabriel Zucman (@gabriel_zucman) March 10, 2026
The pace at which extreme wealth is rising is simply staggering:
The wealth of global billionaires now reaches the equivalent of 17% of world GDP. 🧵 pic.twitter.com/xKPZfrsl6c
That's not a shock. Money grows money. The more you have the more you will have unless you're a moron.
The problem is when the wealth of a few starts to outpace the wealth of everyone else. Or in other words, when the middle class start shrinking and becoming impoverished. Whether you are surprised or not doesn't matter. It is an issue.
Porteroso said:boognish_bear said:Forbes just released its latest annual ranking of global billionaires.
— Gabriel Zucman (@gabriel_zucman) March 10, 2026
The pace at which extreme wealth is rising is simply staggering:
The wealth of global billionaires now reaches the equivalent of 17% of world GDP. 🧵 pic.twitter.com/xKPZfrsl6c
Every time I mention this I get some dumb response like "you're just jealous that you're not that rich."
It would be nice if we could just admit that this is not the direction we want to go. Shrinking the middle class, watching the generationally impoverished stay generationally impoverished, all the while a Bill Gates has the means to eradicate entire diseases on an entire continent....
Wealth is power, and much like we fought a war to make sure political elites dont decide everything for us, we are going to have to realize that we also dont want a few super rich deciding everything for us.
A system that rewards Bezos with billions for his successful company, while not providing for his employees' basic needs, and somehow not even generating corporate tax most years.... is not a good system.
It is a problem, a bigger problem are the solutions. What are your suggestions?
>>
K-9 Maverick helps officers find 32 kilos of cocaine during traffic stop near San Antonio
Story by Raul Trey Lopez 2h
A K-9 sniffed out 32 kilograms of cocaine during a traffic stop early Tuesday morning, according to the Selma Police Department.
The 38-year-old man, who has not been identified, has been charged with manufacture or delivery of a controlled substance, penalty group 1, over 400 grams. He has since been booked into the Guadalupe County jail, police said in a Facebook post.
call to action icon
The incident began after officers pulled over a semi-truck driver hauling a trailer in the 16000 block of Interstate 35 in Selma on Tuesday, police said.
During the stop, the driver gave officers "conflicting information and became increasingly nervous." K-9 Maverick was then called in as backup.
The K-9 didn't take long to alert officers to the presence of drugs. A search of the semi-truck and trailer then occurred.
Officers then found four bundles wrapped in black trash bags inside the cab of the truck, police said. Each bag contained a hollowed-out tractor battery that had been used to conceal wrapped packages.
A field test of the packages revealed that the man was driving with over 32 kilos of cocaine.
<<
K-9 Maverick helps officers find 32 kilos of cocaine during traffic stop near San Antonio
Story by Raul Trey Lopez 2h
A K-9 sniffed out 32 kilograms of cocaine during a traffic stop early Tuesday morning, according to the Selma Police Department.
The 38-year-old man, who has not been identified, has been charged with manufacture or delivery of a controlled substance, penalty group 1, over 400 grams. He has since been booked into the Guadalupe County jail, police said in a Facebook post.
call to action icon
The incident began after officers pulled over a semi-truck driver hauling a trailer in the 16000 block of Interstate 35 in Selma on Tuesday, police said.
During the stop, the driver gave officers "conflicting information and became increasingly nervous." K-9 Maverick was then called in as backup.
The K-9 didn't take long to alert officers to the presence of drugs. A search of the semi-truck and trailer then occurred.
Officers then found four bundles wrapped in black trash bags inside the cab of the truck, police said. Each bag contained a hollowed-out tractor battery that had been used to conceal wrapped packages.
A field test of the packages revealed that the man was driving with over 32 kilos of cocaine.
<<
pro ecclesia, pro javelina
>>
18 Houston billionaires - and one icon - make Forbes ranking of world's wealthiest people in 2026
Erica Grieder
Tue, March 10, 2026 at 2:20 PM MDT
It's official: Beyonc is on the Forbes World Billionaires List.
The Houston icon entered the informal club late last year, according to the magazine, and now appears for the first time on the annual ranking, released Tuesday. Beyonc Knowles-Carter ranks No. 3,332 on the list of the world's wealthiest people as of 2026, according to Forbes, with a real-time net worth of $1 billion.
Beyonc is one of 400 newcomers to this year's list, Forbes noted, which now includes a record 3,428 entrepreneurs, investors and heirs.
Houstonians may be familiar with another newcomer, energy trader Ignacio Torras. Originally from Barcelona, Torras founded Houston-based chemical maker and distributor Tricon Energy in 1996. He is also the owner of BCN Taste & Tradition in Montrose and the founder of the Genuine Cup, a soccer tournament for athletes with intellectual and developmental disabilities which held its first event at Rice University in 2024. Torras joins this year's list at No. 2,600, with a net worth of $1.5 billion.
Seventeen Houston billionaires return to this year's list, with Richard and Nancy Kinder ranking as the wealthiest among them. Kinder, chair of pipeline giant Kinder Morgan, comes in at No. 232 this year, Forbes said, with a net worth of $13 billion. The Kinders recently reaffirmed their pledge to give away 95% of their net worth, largely to Houston charities, during their lifetimes or at their deaths.
https://finance.yahoo.com/news/18-houston-billionaires-one-icon-202013724.html
<<
pro ecclesia, pro javelina
Indeed, @SenSchumer, you are lying. https://t.co/D4mgaBA5dM
— Elon Musk (@elonmusk) March 10, 2026
“May your choices reflect your hopes, not your fears.” Nelson Mandela
Osodecentx said:Porteroso said:boognish_bear said:Forbes just released its latest annual ranking of global billionaires.
— Gabriel Zucman (@gabriel_zucman) March 10, 2026
The pace at which extreme wealth is rising is simply staggering:
The wealth of global billionaires now reaches the equivalent of 17% of world GDP. 🧵 pic.twitter.com/xKPZfrsl6c
Every time I mention this I get some dumb response like "you're just jealous that you're not that rich."
It would be nice if we could just admit that this is not the direction we want to go. Shrinking the middle class, watching the generationally impoverished stay generationally impoverished, all the while a Bill Gates has the means to eradicate entire diseases on an entire continent....
Wealth is power, and much like we fought a war to make sure political elites dont decide everything for us, we are going to have to realize that we also dont want a few super rich deciding everything for us.
A system that rewards Bezos with billions for his successful company, while not providing for his employees' basic needs, and somehow not even generating corporate tax most years.... is not a good system.
It is a problem, a bigger problem are the solutions. What are your suggestions?
That is the problem. This trend is not sustainable long term for the greater population...but how can you fix it without putting guardrails on capitalism?
Without out a fix....how far into the future do you go before the scales tip so far you have an uprising of those left out.
I'm not smart enough to figure that out...but it only seems to be accelerating.
boognish_bear said:Osodecentx said:Porteroso said:boognish_bear said:Forbes just released its latest annual ranking of global billionaires.
— Gabriel Zucman (@gabriel_zucman) March 10, 2026
The pace at which extreme wealth is rising is simply staggering:
The wealth of global billionaires now reaches the equivalent of 17% of world GDP. 🧵 pic.twitter.com/xKPZfrsl6c
Every time I mention this I get some dumb response like "you're just jealous that you're not that rich."
It would be nice if we could just admit that this is not the direction we want to go. Shrinking the middle class, watching the generationally impoverished stay generationally impoverished, all the while a Bill Gates has the means to eradicate entire diseases on an entire continent....
Wealth is power, and much like we fought a war to make sure political elites dont decide everything for us, we are going to have to realize that we also dont want a few super rich deciding everything for us.
A system that rewards Bezos with billions for his successful company, while not providing for his employees' basic needs, and somehow not even generating corporate tax most years.... is not a good system.
It is a problem, a bigger problem are the solutions. What are your suggestions?
That is the problem. This trend is not sustainable long term for the greater population...but how can you fix it without putting guardrails on capitalism?
Without out a fix....how far into the future do you go before the scales tip so far you have an uprising of those left out.
I'm not smart enough to figure that out...but it only seems to be accelerating.
And part of this is the way numbers are used.
You may have noticed the graphic compared estimated wealth to world GDP. That's probably because there is no reliable way to track actual world wealth, but that also reminds me all of this is estimates.
Just like those people who think 'net worth' is the same as what someone has in liquid funds.
Wealth is a lot more complex than money, especially when they own companies which value changes according to conditions.
Wealth envy is really useless, when you think about it. But very useful for driving political anger.
That which does not kill me, will try again and get nastier
Have never cared how much money someone else has.
The whole concept is incomprehensible to me.
And throughout history ….whenever the 'rich' were punished…..the working class ended up in far worse circumstances than before.
But every few generations…..the same horrible lessons have to be relearned.
The whole concept is incomprehensible to me.
And throughout history ….whenever the 'rich' were punished…..the working class ended up in far worse circumstances than before.
But every few generations…..the same horrible lessons have to be relearned.
Oldbear83 said:boognish_bear said:Osodecentx said:Porteroso said:boognish_bear said:Forbes just released its latest annual ranking of global billionaires.
— Gabriel Zucman (@gabriel_zucman) March 10, 2026
The pace at which extreme wealth is rising is simply staggering:
The wealth of global billionaires now reaches the equivalent of 17% of world GDP. 🧵 pic.twitter.com/xKPZfrsl6c
Every time I mention this I get some dumb response like "you're just jealous that you're not that rich."
It would be nice if we could just admit that this is not the direction we want to go. Shrinking the middle class, watching the generationally impoverished stay generationally impoverished, all the while a Bill Gates has the means to eradicate entire diseases on an entire continent....
Wealth is power, and much like we fought a war to make sure political elites dont decide everything for us, we are going to have to realize that we also dont want a few super rich deciding everything for us.
A system that rewards Bezos with billions for his successful company, while not providing for his employees' basic needs, and somehow not even generating corporate tax most years.... is not a good system.
It is a problem, a bigger problem are the solutions. What are your suggestions?
That is the problem. This trend is not sustainable long term for the greater population...but how can you fix it without putting guardrails on capitalism?
Without out a fix....how far into the future do you go before the scales tip so far you have an uprising of those left out.
I'm not smart enough to figure that out...but it only seems to be accelerating.
And part of this is the way numbers are used.
You may have noticed the graphic compared estimated wealth to world GDP. That's probably because there is no reliable way to track actual world wealth, but that also reminds me all of this is estimates.
Just like those people who think 'net worth' is the same as what someone has in liquid funds.
Wealth is a lot more complex than money, especially when they own companies which value changes according to conditions.
Wealth envy is really useless, when you think about it. But very useful for driving political anger.
1) Government waste and abuse... a lot of people make a lot of money stealing from the tax payer. Cut the size of government and the wealth gap will close
2) Tax Fraud... make sure everyone is paying what they are suppose to. I always feel like a sucker paying my taxes because I know there are millions of people out there cheating the system or hiding their money overseas or under several dozen shell corporations
3) Tax capital gains at the same rate as income
The_barBEARian said:Oldbear83 said:boognish_bear said:Osodecentx said:Porteroso said:boognish_bear said:Forbes just released its latest annual ranking of global billionaires.
— Gabriel Zucman (@gabriel_zucman) March 10, 2026
The pace at which extreme wealth is rising is simply staggering:
The wealth of global billionaires now reaches the equivalent of 17% of world GDP. 🧵 pic.twitter.com/xKPZfrsl6c
Every time I mention this I get some dumb response like "you're just jealous that you're not that rich."
It would be nice if we could just admit that this is not the direction we want to go. Shrinking the middle class, watching the generationally impoverished stay generationally impoverished, all the while a Bill Gates has the means to eradicate entire diseases on an entire continent....
Wealth is power, and much like we fought a war to make sure political elites dont decide everything for us, we are going to have to realize that we also dont want a few super rich deciding everything for us.
A system that rewards Bezos with billions for his successful company, while not providing for his employees' basic needs, and somehow not even generating corporate tax most years.... is not a good system.
It is a problem, a bigger problem are the solutions. What are your suggestions?
That is the problem. This trend is not sustainable long term for the greater population...but how can you fix it without putting guardrails on capitalism?
Without out a fix....how far into the future do you go before the scales tip so far you have an uprising of those left out.
I'm not smart enough to figure that out...but it only seems to be accelerating.
And part of this is the way numbers are used.
You may have noticed the graphic compared estimated wealth to world GDP. That's probably because there is no reliable way to track actual world wealth, but that also reminds me all of this is estimates.
Just like those people who think 'net worth' is the same as what someone has in liquid funds.
Wealth is a lot more complex than money, especially when they own companies which value changes according to conditions.
Wealth envy is really useless, when you think about it. But very useful for driving political anger.
1) Government waste and abuse... a lot of people make a lot of money stealing from the tax payer. Cut the size of government and the wealth gap will close
2) Fraud... make sure everyone is paying what they are suppose to. I always feel like a sucker paying my taxes because I know there are millions of people out there cheating the system or hiding their money overseas or under several dozen shell corperations
3) Tax capital gains at the same rate as income
Agree on #1. The problem is so many in government profit from that waste, they will work hard to prevent that pig-feeding from ending.
As to #2, see #1 but add all the private crooks playing the game.
Not totally agree on #3. Depends on specifics. I like the idea of normal people being able to invest and grow.
That which does not kill me, will try again and get nastier
BREAKING: Americans are now taking more hardship withdrawals from their 401(k) retirement accounts than at any time in history.
— Polymarket (@Polymarket) March 10, 2026
Rep. Tim Burchett just filled up his dually and called it.
— Jake (@JakeCan72) March 10, 2026
“The price of gas is a scam.”
America buys zero oil from Iran.
The gas in your tank right now was bought weeks ago at the old price.
The oil is already in the pipeline.
They raised your price anyway.
“Prices go up… pic.twitter.com/i1VnNTFQmm
If the GOP, while holding the presidency and both houses of Congress cannot get the Save Act passed, then conservative voters really do have to reckon with the fact that they do not actually have a party that represents them. They just have people who exploit them for money and…
— Megan Basham (@megbasham) March 10, 2026
boognish_bear said:Forbes just released its latest annual ranking of global billionaires.
— Gabriel Zucman (@gabriel_zucman) March 10, 2026
The pace at which extreme wealth is rising is simply staggering:
The wealth of global billionaires now reaches the equivalent of 17% of world GDP. 🧵 pic.twitter.com/xKPZfrsl6c
What this doesn't show is how these ultra rich are wealthy than the original robber barons. The gap between them and the middle class or poor is even larger than it was with them.
Now with that said I am not calling for any sort of money grab or anything like that. But a focus does have to be placed on that gap and divide to address it. Sort of the way it was back then. Perhaps laws that help even it out like happened back then. Or getting more of the ultra rich to donate as much as some of the RBs did. Many of their original investments in various funds are still flourishing and being used for more donations.
I don't know what the answer is but I do know if something isn't done to attempt to fix it the masses will come screaming for action until action is taken.
I tend to agree with all three points. However Your normal apparently applies to 62% of U.S. adults who invest in stocks including mutual and retirement funds. While a majority are invested, ownership is heavily skewed by income, with the top 10% holding 87% of all stock. To me the bottom line is that there needs to be a number of approaches if the federal debt has a chance of being significantly reduced. I don't see us as a nation to have the political will to do it.
boognish_bear said:Osodecentx said:Porteroso said:boognish_bear said:Forbes just released its latest annual ranking of global billionaires.
— Gabriel Zucman (@gabriel_zucman) March 10, 2026
The pace at which extreme wealth is rising is simply staggering:
The wealth of global billionaires now reaches the equivalent of 17% of world GDP. 🧵 pic.twitter.com/xKPZfrsl6c
Every time I mention this I get some dumb response like "you're just jealous that you're not that rich."
It would be nice if we could just admit that this is not the direction we want to go. Shrinking the middle class, watching the generationally impoverished stay generationally impoverished, all the while a Bill Gates has the means to eradicate entire diseases on an entire continent....
Wealth is power, and much like we fought a war to make sure political elites dont decide everything for us, we are going to have to realize that we also dont want a few super rich deciding everything for us.
A system that rewards Bezos with billions for his successful company, while not providing for his employees' basic needs, and somehow not even generating corporate tax most years.... is not a good system.
It is a problem, a bigger problem are the solutions. What are your suggestions?
That is the problem. This trend is not sustainable long term for the greater population...but how can you fix it without putting guardrails on capitalism?
I'm not smart enough to figure that out
Me neither
boognish_bear said:US manufacturing employment continues to shrink:
— The Kobeissi Letter (@KobeissiLetter) March 10, 2026
The manufacturing sector lost another -12,000 jobs in February, to 12.57 million, the lowest since January 2022.
Employment in the sector has now contracted in 23 of the last 25 months, the longest losing streak since the 2008… pic.twitter.com/p4D0kD3qbH
Oof
Hillary praises Trump & says he’s much better in his second term: “I think all of that is a very good signal that there is beginning to be a better understanding both by the President & the people around him… that there can be common ground amongst us”
— An0maly (@LegendaryEnergy) March 11, 2026
pic.twitter.com/xVJUSg0xp2
Osodecentx said:Porteroso said:boognish_bear said:Forbes just released its latest annual ranking of global billionaires.
— Gabriel Zucman (@gabriel_zucman) March 10, 2026
The pace at which extreme wealth is rising is simply staggering:
The wealth of global billionaires now reaches the equivalent of 17% of world GDP. 🧵 pic.twitter.com/xKPZfrsl6c
Every time I mention this I get some dumb response like "you're just jealous that you're not that rich."
It would be nice if we could just admit that this is not the direction we want to go. Shrinking the middle class, watching the generationally impoverished stay generationally impoverished, all the while a Bill Gates has the means to eradicate entire diseases on an entire continent....
Wealth is power, and much like we fought a war to make sure political elites dont decide everything for us, we are going to have to realize that we also dont want a few super rich deciding everything for us.
A system that rewards Bezos with billions for his successful company, while not providing for his employees' basic needs, and somehow not even generating corporate tax most years.... is not a good system.
It is a problem, a bigger problem are the solutions. What are your suggestions?
Tie the max payments of CEOs in some way to the income of their employees. Say you have a huge year. The CEO should get a bonus, sure, but give everyone else nothing? Of course it is a massive slippery slope. Once you let voters weigh in on it, they will want the CEOs to be paid much less than I would think is fair. The tyranny of the majority.
Another way is some form of accountability, where say a CEO is normally taking home 25x the average employee, but suddenly is slated to get 250x the average employee, triggers some sort of external review where they have to justify it.
I am also in favor of more tax brackets. Bringing home $3m is not the same as bringing home $3bn.
My last idea is to copy what other countries do that works. Like Germany. Tax automation so that when jobs are lost to automation, the government pays to retrain factory workers for new fields. Same with AI.
I'm sure you're fine with Shell though…The_barBEARian said:boognish_bear said:JUST IN - Trump announces that "America First Refining is opening the FIRST new U.S. Oil Refinery in 50 YEARS in Brownsville, Texas," and thanks "our partners in India, and their largest privately held Energy Company, Reliance, for this tremendous Investment."
— Disclose.tv (@disclosetv) March 10, 2026
So now our refineries are owned by Indians?
ATL Bear said:I'm sure you're fine with Shell though…The_barBEARian said:boognish_bear said:JUST IN - Trump announces that "America First Refining is opening the FIRST new U.S. Oil Refinery in 50 YEARS in Brownsville, Texas," and thanks "our partners in India, and their largest privately held Energy Company, Reliance, for this tremendous Investment."
— Disclose.tv (@disclosetv) March 10, 2026
So now our refineries are owned by Indians?
Is that a refinery?