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Well, if you voted for these dumbasses and are now pikachu over how idiotic they actually are…hard to feel sorry for you.
BTW, if you say “I didn’t vote for that”…YES YOU DID. It’s not like donvict was quiet about his love for tariffs.
I mean, I know quite a few retirees who actively voted for his opponent. So I wouldn’t feel right saying that THEY voted for it, no? However, around my area, they definitely are a minority in their age group, so I think statistically speaking you are probably going to be right most of the time.
They did say when they were exporting all the jobs to China that the stock market will do amazingly well, while skeptics were more concerned about jobs and unions. It really blurs the line between the left and the right when the left is complaining about a shrinking 401k while applauding the rich like Musk getting poorer.
Where is the left complaining about shrinking 401k accounts? Do you mean Democrats? They’re a center-right party.
Well the overton window has shifted so much I’m not sure where any party is. Republicans are the so called conservatives, who happen to love larger deficits than the democrats for economic stimulus, so I’m not sure where that puts any party on a map. I’m just going by the labels most people know them by.
Oh, of course. I don’t think anyone DESERVES to live in destitution - and this is probably where progressives like me get made fun of, but it’s just how I was raised - even if they voted for donvict.
My lizard brain immediately wants to condemn people that were told not to vote against their own interest, but did anyway because of their hate of wokeness and DEI or whatever the hell. However, though I do rant here and elsewhere, I ultimately have compassion for people, even if it’s from their own actions…
As for those that voted against donvict, of course they don’t deserve it, though I know it’s now quite fashionable to dunk on “boomers” as if they are some monolithic block and that means every single one of them, to a person has caused the Republicans to get worse and worse. Personally, I believe this thinking is goaded on by elites, because it only divides us further…in addition to racism, xenophobia, transphobia, if you can whip up the various age groups and pit them against one another, you can sit back and count your money and be comforted in the notion that few people will cop to the reality…
Yeah, same here. Well said, I agree with you
I agree that we shouldn’t let the oligarchs divide us, and that there are boomers that haven’t been voting towards oligarchy for the past 60 years. But, at the same time, I have a hard time giving any boomers a pass because I think they didn’t fight hard enough. The vast majority of them stuck their heads in the sand and stayed there for most of their relatively comfortable lives. They let their government slide further and further towards oligarchy and didn’t talk about it because talking politics was considered uncouth… Or because they’re religious and “this earth isn’t our eternal home anyways”, or some other hand-wavy bullshit. It’s very hard for me to not feel betrayed by their collective ignorance and ineptitude.
I guess we’ll see if any other generation is different than they are/were. I somehow doubt it. I don’t see Gen X or Gen Y doing all that much. Too early to tell for Gen Z and alpha, I think…I think it’s human nature.
The boomers that I knew growing up mostly lived hand to mouth. My parents were boomers and I don’t really remember them being all that comfortable. They lived a very meager existence, lived extremely frugally (I think it was generational trauma in my own family coming from the Great Depression and my grandparents on both sides) and saved as much as possible. They took almost no vacations and they were some of the first ecominded people. They were leftists (of the older type), not so much the hippie type, and most of their friends were, too. I sure as hell know they wanted nothing to do with the Republicans and the ones that are still alive despise donvict.
So, I think it varies. People born in a certain age group are definitely not a monolith. Not every boomer went to Woodstock and then later did a heel-turn and went all-in on the Reaganites and became a Wall street trader yuppie…as much as that is the common stereotype.
Well yes, there are outliers. My grandma was one of them. She participated in countless protests throughout her life, starting with the civil rights movements in the 60’s, and never stopped. She was part of the group that stopped the keystone pipeline from stealing people’s land in Texas. She was an amazing woman, may she RIP.
My point is, there wasn’t enough like her among boomers. There were, of course, plenty of boomers that didn’t have it easy. I too was raised in poverty and have known boomers who struggled. But, by and far, the boomers believed in the “American dream”, and even the ones who were struggling believed things could turn around for them eventually. The majority of them bought into or allowed reaganomics, propaganda, and blatant emperialism to thrive under their watch.
The difference I’m seeing in people below the age of 40 is that we talk politics openly, and we know who the bad guys are (the billionaires and their lackeys). We know that the billionaire’s, and their corporations, have been extracting our wealth for decades, that healthcare and higher education are scams, that we can’t trust anything the establishment media says. Even the younger right wing people know this stuff, the’ve just bought into the propaganda channels on TikTok and YouTube. But, I think the demographics have truly shifted in that the amount of people buying into the propaganda is no longer the majority. Young people actually are waking up, which is why we’re seeing all of these truth-to-power movements like BLM, quiet quitting, and “cancel culture”. These movements are growing despite major resistance from the establishment. Mostly because, those of us below 40 feel the effects of the status quo the hardest. They’ve extracted so much from us that we have nothing left to lose. We just need the older generations to fucking listen for a change, and stop fighting us at the polls every time. And we need young people to realize they can work around their work schedules with early voting. I’ve spent much of my adult life working 60 to 80 hour work weeks and I’ve voted in every federal and local election of the past decade. There’s really no excuse to not properly educate yourself on current politics and vote. Congress.gov and cspan are great resources for unfiltered information. Use them!
Sorry for the rant, OP, that last bit wasn’t directed at you. xD
The difference I’m seeing in people below the age of 40 is that we talk politics openly, and we know who the bad guys are (the billionaires and their lackeys). We know that the billionaire’s, and their corporations, have been extracting our wealth for decades, that healthcare and higher education are scams, that we can’t trust anything the establishment media says.
Again I’m just thinking about publications like Mother Earth News and so on. My memories of the boomers is that they seemed to talk politics, and talk a LOT about it. Many dropped out of the fight and became yuppies, I guess. Some continued to fight. Some mellowed out and gave up I guess - turned inward and became “pillow sitters” as I’ve heard them described and just working on their own enlightenment or whatever.
I don’t know. I guess my point is that we’ll see if it’s any different with subsequent generations. At one point, I thought Gen X might be even more fiery than the boomers because we were far more fucked than they ever were, and right from the jump. That turned out not to be the case. I personally don’t think it will be any different with Y or Z or alpha. Things might be even MORE blunted because you have more ways to blunt mass movements than ever before - far more distractions, far more ways to keep people isolated and atomized than the system ever had before.
That is how my brain works a well when it comes to Americans. I know that they aren’t all retarded, but I have a hard time dealing with the country and its politics and just how fucking brainwashed the population is.
I also know that if I had been american, I would have voted for Harris despite haaaaating woke shit. To me those are two very separate things. Woke shit is a social trend where one can argue for and against aspects of it and I expected it to find its middle ground with time once the most obnoxious people and companies got over themselves.
But! Ain’t no fucking way I would ever have voted republican as their politics, no matter how much they have catered to my hateboner for woke bs, is fundamentally against pretty much all of my values. Even the democrats are too right wing for me.
I hate America for how it treats its population. I hate that there isn’t free education and healthcare (to the “noThinG iS fREe” crowd = kindly shut up and go jangle your keys in the corner while the adults are talking) and I cannot fathom the work culture over there. To me it is borderline slavery.
To me those issues outweighs my annoyances with Hollywood’s stubborn decision to pump out cringe woke propaganda and call it movies for ten-ish years. I am legit embarrassed for all the dumbasses who voted for trump because of woke entertainment. There is a level of stupidity there that I can’t even begin to unpack.
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yo go read the comments under the new Snow White movie and the reviews and tell me that’s not Trump voters. You tell me that this man is wrong and that these people weren’t so upset about a couple of movies that they voted to destroy the lives of 8 billion people.
go ask any Republican why they voted Trump and they will say something about trans people something about woke something about Covid something about good for the stock market
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Read the fucking comment from Charles Darwin that I replied to initially. He was bringing up wokeness and I just joined in on that conversation. YOU are the one trolling and trying to sow chaos in a calm conversation.
You are unbelievably illiterate.
Then you clearly didn’t pay attention to what I wrote, but oh well, it’s also just one comment and not an indepth essay about why I think and feel this or that way about something. It’s not like the world and the people in it has nuance, so enjoy that black and white thinking of yours. I’m sure you will get far in life with that.
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No you’re just assuming a bunch of things because I used the word woke in a negative connotation. You didn’t ask for clarifications or anything, you just jumped straight to insults and assumptions instead of being inquisitive as I would have expected people were on this platform. You can scroll down in the thread and see a more indepth explanation of how I think about the subject where I replied to someone who was interested in a discussion instead of knee-jerk reactions like yours.
They wrote 6 paragraphs and one word is your issue?
If the problem is entirely semantics that’s a very simple fix and it doesn’t seem you really disagree with the content of their comment, just how they said it.
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If you were literate, you would be able to discern that the comment that I was originally replying to, in fact brought up wokeness and DEI themselves. You are spreading lies and false narratives to stir up drama where there wasn’t any.
The irony about the qons that voted against Kamala because “woke”… I mean, donvict and his demons may go after Hollywood, etc…but the thing is, neither the Democrats nor Kamala were or are responsible for a lot of the culture stuff - meaning Hollywood can crank out “woke” trash that makes almost everyone’s eyes roll as long as they can economically sustain it [1], regardless of who is in office. I guess some of the qons really do want donvict to go full Putin/Hitler and make every aspect of life, including movies, bow to his stupid and backwards will.
Imagine if Hollywood has their arm twisted by the magoffs into just cranking out snow-white super xtian Hallmark movie type of dreck for years…gag. Seriously, who the fuck is going to want to watch any of that beyond just a very narrow and stupid demographic?
I honestly don’t understand what upsets a type of person so very much about godawful cultural content to the point that it changes their vote in the political sphere. Lots of magoffs got very GRRRR mad about the latest Doctor Who, but isn’t that the BBC? What the hell would they expect donvict to do, anyway? Ban it somehow? Invade the UK and make them stop? Same for Disney? Who was making them watch anything from Disney? Don’t these people have choices in what they choose to stream? The movies they pay for? I get it - quite a bit of it is unbelievably terrible, but…I don’t remember anyone making me watch anything. The people think something like The Acolyte “ruined their childhood” and now have the knives out for wokeness and Disney, but I have a newsflash - Episode 1 was complete shit and didn’t need “wokeness” to make it so.
These are the same people that cried for decades that they are “made fun of”. Sure, by some content. But also, lots of content completely caters to flyover country/salt of the Earth narratives and always has.
[1] I really don’t understand what the business model is. It looks like Disney especially seems to want to set fire to huge piles of cash? And for what purpose? It almost seems to be creating more reactionaries. And people that they think they are catering to? I don’t know how much they are bound to be customers of things like Star Wars anyway? The term “woke” now is so loaded, unfortunately, but there is miles of distance between having representation and not being nasty to certain marginalized groups, etc., vs hammering in extremely stilted agendas, doing race/gender swapping almost to intentionally alienate the fan base and so on…it’s so cringe that I often wonder if it’s being done in service of oligarchs’ interest in dividing the nation even further, just like corporations doing their silly rainbow/woke-washing stuff.
Indeed. It is utterly bizarre how some people turned to Trump because their entertainment got cringe. Personally, I just decided to not watch those movies.
It’s not like I hate diversity 100% and whenever it pops up in media. There is a very clear difference between when companies like Disney do it and when say an indie director does it. Moonlight is one of my favourite movies and that film is about a gay black man. But it is genuinely dealing with a deeply important subject and handles the material gracefully. And I just love Chirone so much.
That’s one of many amazing ways to handle diversity in media and hell, I do it myself as a writer. I write about diverse characters because I want to see them represented but I also want to tell stories where they aren’t just defined by their skin or their sex or sexuality. They are just people, you know. And that is where I hoped diversity would eventually end up after the woke wave had passed, but now we are here.
And like you said, a reactionary anti-woke wave of hallmark type movies with no diversity at all and only conservative values would grate on me just as much because just like woke, that would just be propaganda and not storytelling.
I just want god stories, man. With awesome characters being challenged and overcoming or failing and being consumed. But eh. Hollywood isn’t doing their job and currently it doesn’t matter because America has way bigger problems than some cringe movies no one really likes if they are honest with themselves.
But yeah… it’s one thing to dislike a social trend and to vote a tyrant into power who is forcing- not only Americans, but the rest of the world to eliminate everything diversity from their companies if they want to trade with America. Like what the fuck? Where will that train end btw? Because no one can agree what is and isn’t woke anymore and I’m legit sitting over here like: sooooo… if a company does a campaign for breast cancer, would that fall under diversity and DEI or? How about if they have hired handicapped people and people with a darker skintone? Are they supposed to fire them? Like where the fuck is the line?
Urgh.
It’s not like I hate diversity 100% and whenever it pops up in media. There is a very clear difference between when companies like Disney do it and when say an indie director does it.
I will just say there have been times when watching something and you get this weird experience where something happens…everyone has probably known someone that sells something like Amway or some other MLM bullshit in their lives - one minute you are having a conversation about normal life, then, bam, some very awkward and very forced turn is taken into trying to sell you something…and all you can think is “how did we end up here”? It’s just bad writing, IMHO.
I just want god stories, man. With awesome characters being challenged and overcoming or failing and being consumed. But eh. Hollywood isn’t doing their job and currently it doesn’t matter because America has way bigger problems than some cringe movies no one really likes if they are honest with themselves.
Very true. I’m still able to find lots and lots of content that I want to watch. If people are telling me something is very cringe - for whatever reason - I tend to avoid. I’m a life-long horror fan and there is so much content these days it’s hard to keep up with even just only all the horror content. I would think it’s similar for other genres? And if the well is coming up dry for the current year/month, there is a huuuuge back catalogue of TV shows and movies to mine, both foreign and domestic. For people that are very reactionary, they could watch Leave it to Beaver episodes or whatever and never anything else?
But yeah… it’s one thing to dislike a social trend and to vote a tyrant into power who is forcing- not only Americans, but the rest of the world to eliminate everything diversity from their companies if they want to trade with America.
So much agreement here. It’s possible some mainstream movies/shows got cringe as hell for some, but…so what? There are a lot of choices out there. I really do think what the culture is doing caused a lot of people to take this weird turn into voting for the worst people. I think some of it comes down to some of them being enraged that OTHER people might be consuming “woke” media and they cannot have that.
I still don’t know what they thought was going to result with donvict in power? Do some of them really want donvict to nationalize Hollywood or something and start making only right wing cishet xtian white nationalist bullshit? I mean, he already took over the Kennedy Center…I guess I could see the likes of Benny Johnson wanting that, but I think that guy is just a Russian asset getting paid to tear this country to shreds.
It really is bad writing. One example I can come up with atm was the live action adaptation of Winx where in the first five minutes it pivots from being a show about a magical girl doing magical girl stuff with her magical girlfriends into a long-winded manifesto about mansplaining. Did it fit within the story? Nope. Did it contribute to the source material, plot and character? Nope. All it did for me was to make me shut it off immediately. Because yes. It really does feel like you’re just having a good time with someone and all of a sudden they pull out the watch tower and starts asking you about jehova. I baked cookies and everything? The fuck is this? Get out of my house.
There is a right way to handle those topics, but it is always so shoehorned into things that you just end up repulsed by it. I think the new Nosferatu movie dealt with some of these themes of imposing men who don’t respect a woman and her autonomy in a way that made sense both to the story, the source material and that fit well with the characters. Hell, take the old animated Hunchback of Notre Dame movie that Disney released in 96. That movie is pretty much the embodiment of social justice, but it is done correctly because it isn’t preachy. It is compassionate and has a soul.
The very divisive way everything has been politicized in America and how it also bled onto the internet has eroded the ability to talk about important issues on both sides and everyone has been reduced to taking sides and being the embodiment of Bush’s “you’re either with us or you’re against us” speech from back in the day. No nuance. No middle ground. No one is allowed to question or disagree lest they get stamped with a negative label and treated like a leper. So lame.
Dude, I love horror too. I love sharing horror media with other people. I cast my net far and wide in that category. Movies, games, books, short stories, music, podcasts, art installations, internet horror stories, ARG’s, true crime etc. Name a category and I’ll recommend what I know and think is good.
I think you’re right. It’s two authoritarian mindsets that ended up clashing in the end and it has resulted in this weird revenge power trip when coming to voting. Fucking bizarre. There are plenty things on the left in my country that I roll my eyes at and don’t agree with, but just because a minority group in my country wants anarchism doesn’t mean I will start voting on the right-wing parties here. Because fuck man, I don’t agree with the right. I don’t agree with the anarchistic activists either, but they don’t represent all of the leftwing. I like that we have the values we have here. That sick people can get treatment and young people can study without being permanently crippled by debt. If some cringe activitist starts putting up posters about anarchism in my town I’ll just take a picture and move on with my day. They do cool art. Even if the messages on their posters makes me embarrassed for them.
My boyfriend thinks the simple answer as to why people voted for trump is that they probably just don’t care all that much about politics to really understand what they voted for. That some of them live rural enough that politics and societal problems feels far away from them and isn’t something they think about in the same way that city people do. He put it in more eloquent terms and I’m extremely tired after a long day of traveling, so forgive my clunky summary of his words. He has a lot of compassion for all Americans, and I like to listen to his view points when I get ass-mad about the news and am in my emotions. Because I largely agree with him. It’s just hard to be your rational reflected self when you’re in chimp mode because trump or Musk or vance or some other that did another stupid thing today that will have long lasting ramifications for everyone.
There’s a lot of baggage with the term “woke” as it’s levelled here. In North America presently it is the brush that is used to tar anyone who is not white, “conventionally attractive”, skinny, cis, heterosexual or a narrow range of subtypes pandering to those audiences as a means to blanket criticize and apply pressure to remove them unilaterally from public. It’s such a politicized term used for years by an outright supremacist movement and levied as a dogwhistle in outright genocidal political spheres that it has no nuance. If you want to convey nuance it doesn’t work as a term.
Your views do not appear to strictly align with the movements who use “Woke Propaganda Cringe” as a tool of linguistically signaling this cluster of held beliefs in a space. It’s a bit like if you walked into a space where gangs are active and started throwing up specific gang signs. Where you come from those signs might have nuance and usage that is lighthearted and non serious or specific but in spaces where those gangs are active and enacting violence those signs are strict affiliation markers with implied buy in to violence and little allowance for misinterpretation.
If your intention is to not be deliberately incendiary towards the targets of the American far right when dealing with the people in North America it’s probably best to drop the usage of “woke”.
I get that the term came from America but it has been used on the internet by all of us. It was taken by the far right in America to use it in a negative political context for sure, but that doesn’t mean that everybody else in the rest of the world live in the US bubble. To me, woke is forced diversity usually done by big corporations who try to be hip with the kids and either failing to understand what they are doing or deliberately using diversity as a shield against criticism of their shitty product. That is all woke is to me. It has been happening in American media and it has happened in media closer to home as well as it has happened in internet culture which belongs to all of us.
I can’t help that american society is so polarized that you can’t even use words to describe anything anymore without being labeled by reactionary Americans online.
But if it makes you feel any better, I can switch to differentiate between forced diversity and regular diversity even though I have also been yelled at for that in the past. I am just commenting on what I’m seeing happening in media and in politics. I can’t control or help what some people decide to interpret my intentions as.
Pardon my ignorance but is there leverage in 401k ? Would it be able to get liquidated if stocks crash too hard ?
You can cash out a 401k but you’ll pay a 20% penalty and then have to pay taxes on the remaining amount - since the money put into a 401k is untaxed until it’s drawn upon. Liquidating your 401k is a desperation catastrophe.
No. It’s a pretty secure savings engine. Even if you had a loan out against the account, they reserve a portion of the account as collateral, as I view it. Let me go research that right quick.
I think the biggest risk would be if your holding institution went tits up and you had more than is covered in FDIC, you would only recover the FDIC limit. I think. Anyone confirm that?
Now, a fun question there is, if there was a crash out of the holding institution, would 47’s FDIC manager pay out.
Another fun question is, if this isn’t protected by FDIC because you own the investments which are external to the holding company:: are you really holding the investments you selected? During the fervor of the GME due diligence, it was surfaced that when you buy a stock on the open markets, it is but a right to a stock, not the actual thing. So, your access to those rights could get rug pulled too, if things get too crazy and system risk becomes too high. I think that the chances of this rug pull are super low for msot investments in a 401k. Generally retirement savings plans are slow moving investment engines, so for instance, if I schedule a change in my 401k investments, it trades, not at the time of request, but at the end of day. There are also high frequency trading limits in some of them.
In case you want to learn what the GME due diligence found: https://fliphtml5.com/bookcase/kosyg
House of Cards is a good starting point to understand how the current stock trading machine functions.
I’m starting to wonder if I should be switching my savings to Euros or Chinese Yuan or something.
If the FDIC fails or is shut down, a bank run is almost inevitable.
covered in FDIC
I still don’t know where donvict’s plan (lol, “plan”) is at regarding FDIC, but early on, there was musings about how they were going to “abolish the FDIC”.
I swear to Zeus that the dumbfucks that follow donvict would be 100% for that if they were told something something argle bargle FDIC is woke and filled with nCLANGers, oops, I mean “DEIers”. Even if abolishing FDIC would be a perfect speed-run of causing a Depression 2.0 style run on the banks.
FFS. So much dumb.
https://theweek.com/business/economy/fdic-function-trump-elimination
When you get a 401k loan, it is treated as a loan, it looks like, from yourself. Only risk there is if you default, it then switches to a disbursement and has a 10% penalty and probably some sort of tax implication.
Lol, I rolled my 401k to an IRA as part of a actively managed fidelity fund right after Trump got inaugurated. If I hadn’t I would be down about 150k, instead I’m up 35k already, and that was after cashing out just below all time high.
That said,I decided to ride it out in my fuck around E-Trade account. I went from being up 25k on jan 1st to being down 9k today.
Trump’s ‘plan’ is to crash the market so that people with large reserves of cash can buy at all time low. Then he’ll back pedal his bullshit and things will go up, so they’ll sell. It’s not going to go back up to what it was before his watch, at least not with him around. People who don’t have the cash reserves/appetite to buy in a recession will get fucked, and that’s most people in the country
Yeah but you can’t just say “ok the plan worked, tariffs are off now” and expect the rest of the world to be chill about that. It’s too late to backpedal.
If the rest of the world turns on the US then that’s also a win because Krasnov is a Russian asset and part of why Russia and China worked so hard to get him elected was to destabilize the US and remove them as the world leader so China can step in
I really don’t think this is part of some grander plan. I think he really thinks blanket tariffs are a good idea.
Tariff man is an idiot.
He’s doing it because that’s one of the few things he can do without judges and Congress getting in his way. He expects other leaders to offer him deals (i.e. bribes) now. He doesn’t care about average American. It’s all about how HE can make some extra $.
“The leopards ate my face”
Only if they voted for Trump. Many didn’t. This election saw a lot more young people, especially men, move to the Republicans. In fact if you want to blame a specific demographic then blame men.
Yet even more GenZ men just didn’t vote because they hated both options
Bit of a tactical blunder, that.
I’m sure they’ll be quick to blame “boomers” for it, though.
I dont want to blame a specific demographic because that would be a stupid thing to do
I blame the non voters.
When more people vote Democrats tend to win.
If everyone voted the Republican party wouldn’t exist.
I think the blame rest solely on the 78 million people or so that showed up to vote for Donald Trump. And maybe the 40 million or so people that didn’t show up to vote at all.
You can double that second figure.
"How Many People Didn’t Vote?
Close to 90 million.
According to data from the University of Florida Election Lab, approximately 245 million Americans were eligible to vote in the 2024 general election…
preliminary election data shows about 155 million ballots were cast. This would mean an estimated 89 million Americans, or about 36% of the country’s voting-eligible population, did not vote in the 2024 general election."
Yeah it’s definitely not the system that prevents those people from learning critical thinking skills and encourages them to vote explicitly against their own interests, pitting them against each other as they work themselves to death
Blaming the death cult of capitalism 🚫
Victim blaming 👍
Is this system here in this room with us now?
You’re not the victim. We paid for 12 years of your schooling and you shit the bed in Math, history, critical thinking, and most importantly Civic duty. Since we our way past acknowledging our individual civic duty to protect democracy I say…
COMMUNIST REVOLUTION WEN?
Lol. Do you assume that shit about everyone you talk to or just people who disagree with you
Edited to add: this schooling? 12 years of this? Thanks a LOT 🖕 https://www.pewresearch.org/short-reads/2017/02/15/u-s-students-internationally-math-science/
Edit 2: super thanks for this BTW love your work on this https://worldpopulationreview.com/country-rankings/school-shootings-by-country
Edit 3: i didn’t even claim to be the victim, although I certainly am a victim of capitalism as someone with multiple disabilities that are almost certainly caused by environmental factors present as a result of the unending evil behavior from corporations (including the USG) and many other problems that are inflicted upon me by these systems including artificial scarcity and my rights being whittled down year after year. The victims I was saying you’re blaming are the ~120 million people you explicitly blamed for what is being done to our country and our population and the rest of the world by a few extremely rich and powerful assholes, most of which are almost certainly not responsible for any appreciable fraction of harm being done (relative to what is happening at a massive scale) right before our eyes by those same assholes. By the way, since you’re so upset about what’s happening (according to what you’re saying) what are you doing to counter it? I’m sure it’s more than just spreading your garbage takes on Lemmy right?
I live in Canada and have a locked-in retirement fund, from a former employer, which I have zero control over. It’s lost 10% since the Dumpster was elected.
That mf’er is killing us too.
If a retiree is holding significant stocks that they will need to liquidate soon, then they fucked up. It’s their own fault at this point.
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It’s sad to think he actually may profit if/when the Greenland bullshit comes to fruition.
Blame the victim.
It’s almost like this is exactly what we warned them would happen.
Retirees? I’m not even 40 yet and my 401k dropped several thousand the last couple days.
401k are supposed to be the long game, ride out the ups and downs. That being said, it’s best to have other investments too.
Good news, those are plummeting as well
Yeah, I try to forget it exists and only check it every few months.
401k are supposed to be the long game
The older you get, the shorter the game is. You need to gradually reduce the volatility of your investments, even at the cost of rate of return.
Oh the thing professionals all said would happen? That’s what they are stunned about? The very thing they were warned would happen if trump did the thing he said he would do.
Old people aren’t exactly “finger on the pulse” types
And they have been trained to hate government, science and experts.
The only one of those you should hate is the government.
Governments are comprised of people. Like any other people they should be judged on their actions. Blanket statements about distrusting governments and politicians no matter what they actually do is no different than distrusting science and experts. It’s all part of how we got here.
Well no. Actually we aren’t supposed to trust the government. That’s why we have (in theory) a system of checks and balances. The whole point is that we rely on them and hope they’ll do the right thing, but we need to be paying some attention some of the time, because they will occasionally get things wrong.
Well no. Actually we aren’t supposed to trust the government. That’s why we have (in theory) a system of checks and balances.
That’s a conflation of two separate things. The checks and balances are for the different branches of government against each other and not we the people against the government.
This idea that the population should have a general and perpetual distrust of their government no matter what is conspiracy theory logic.
We should base trust and distrust on evidence.
Not only that, governments are comprised of people who are paid a fixed salary with no bonuses or incentives and strict conflict of interest rules whose literal only job is to work to make people’s lives collectively better.
That’s how it should be. In the US, we need to outlaw insider trading for elected officials. This is a known issue, based on the evidence we have. There’s no reason to engage in any conspiracism at all.
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But at least they’re stripping the rights of foreigners and women - that’s what they voted for, right? Cruelty? Fuck those ones and every other Trump voter. Enjoy your inevitable consequence you bastards.
Let’s go vote republican !
Aw dang it Aw dang it Aw dang it Aw dang it Aw dang it Aw dang it Aw dang it Aw dang it Aw dang it
“But… but… but at least we stuck it to the libs didn’t we? Right?.. Right!!!”
That’s exactly what happened with this lady.
Wait, I thought this was the plan…what happened? You mean dipshit game show host who bankrupted so many businesses doesn’t know what the hell he’s doing?
But the next Republican will for sure fix it!
Aw dang it
Gosh darn it!
Don’t let them fool u by saying that this is just a correction. A correction needs a catalyst. The catalyst here is the tarriff. Trump created this mess. Rise up. Fight.
Retirees ‘idiots’ as they keep savings they need to live in volatile asset classes such as stocks.
Boomers lived their entire lives failing upwards. Why wouldn’t they expect things to just go their way?
Seriously I was scanning the comments to find anyone mentioning this. It’s insane to leave your funds in stocks if you’re retired or close to retirement. That should have been shifted to bonds or other stable investments years ago.
What’s insane is expecting every individual to be person to know enough about financial asset classes to know how to balance risks in their portfolio, when we used to have pension plans with subject-matter experts whose job it was to do that. Getting rid of them was like throwing everybody overboard from the cruise ship (pension), but giving them a life jacket (401k).
I mean, it makes sense when you know that the decision was made by the sharks.
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My parents are boomers. Like a lot of boomers they have a pension. In addition, they’re still getting social security checks. A pension for me isn’t even a dream and I’ll be lucky if social security is even around in twenty years.
So, pardon me if I’m a little flippant about some of the “screw you, I got mine” generation eating a bit of shit because they were attempting to draw income from volatile assets that you’re supposed to be in when you are decades younger after voting overwhelmingly for a clown that said for months he’d blow up the market and then did as he promised.
It’ll eventually come back around to screw me in the end anyway in the form of one disaster or another because I’m a millennial: born at exactly the right time to live through every financial, political, and constitutional crisis possible as well as to finance a Domino’s pizza.
Where is the foresight? You knew you were voting for instability.
Good, it’s what my parents deserve.
My mom retired last year. She also voted for Trump. She made her bed …
I love you Internet stranger. And I hope you found some peace after moving out.
Thanks. I’ve been on my own for a long time now. I’m glad that I’m still far enough from retirement that my accounts should have plenty of time to bounce back before I need to rely on them.
I really feel for the retirees who voted against this who are finding that their finances are not as stable as they should have been.
