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RAUL ?? (realraul@poa.st)'s status on Saturday, 15-Jul-2023 21:31:37 JST 
RAUL ??
TOTALLY ANIME FAULT -
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Wrath (eiswald@poa.st)'s status on Saturday, 15-Jul-2023 21:31:36 JST 
Wrath
@RealRaul Turns out wage slavery is why White and Japanese birthrates are in the shitter. What an absolutely shocking and totally unintentional consequence of a system that kikes created. -
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Zealist (zealist@poa.st)'s status on Saturday, 15-Jul-2023 21:31:36 JST 
Zealist
@Eiswald @RealRaul Lol unintentional suure -
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Stanley from Counter Strike: Condition Zero (2004) (curvin@poa.st)'s status on Tuesday, 18-Jul-2023 19:41:55 JST 
Stanley from Counter Strike: Condition Zero (2004)
@RealRaul Would you look at that, less work = more babymaking, who would've thought. -
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Zealist (zealist@poa.st)'s status on Tuesday, 18-Jul-2023 19:41:55 JST
Zealist
@Curvin @RealRaul 😭 then i should have like 20 kids -
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Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 19-Jul-2023 04:17:43 JST 
Bread up, Bro
@Godcast @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul the problem with a 401k is that the growth demand doesn't go away, so the end result is always a blackstone and too big to fail.
I think the basic issue is that a society owes a responsibility to those that can't figure out stuff like retirement, but whenever you have a giant pot of money sitting around it's a breeding ground for corruption.BowserNoodle ☦️ likes this. -
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Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 19-Jul-2023 04:17:44 JST
Bread up, Bro
@Godcast @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul Which is a great idea except: inflation, which is where the 401k came from. -
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Godcast (the short half) (godcast@poa.st)'s status on Wednesday, 19-Jul-2023 04:17:44 JST 
Godcast (the short half)
@sickburnbro @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul Inflation is a problem regardless. At least with a 401k, you can cash out and you're not relying on a company remaining solvent and able to pay its pension obligations, or the government pinky swearing they'll pay for a comfortable retirement for you. -
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BroDrillard (brodrillard@nicecrew.digital)'s status on Wednesday, 19-Jul-2023 04:17:45 JST 
BroDrillard
Correct. Pension funds that people pay in, but politicians can't loot (to buy votes) can work perfectly fine.
The problem with most western state pension systems is that they are pay as you go systems - instead of collecting the contributions and putting them aside from the start. -
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Godcast (the short half) (godcast@poa.st)'s status on Wednesday, 19-Jul-2023 04:17:45 JST
Godcast (the short half)
@BroDrillard @sickburnbro @Balrog @Eiswald @GrungeQueef @RealRaul >Pension funds that people pay in, but politicians can't loot (to buy votes)
Better yet, every person's needs are different, so why not have a pension system where the portion of a worker's income that would go into a pension instead gets paid out during the worker's normal pay period into a fund that be saved until retirement. -
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Godcast (the short half) (godcast@poa.st)'s status on Wednesday, 19-Jul-2023 04:17:46 JST
Godcast (the short half)
@sickburnbro @Balrog @GrungeQueef @RealRaul @Eiswald No, pensions are absolutely a problem. They rely entirely on consistent and continuous growth, which no company or government can even come close guaranteeing. They're a gigantic scam that bilks workers out of compensation for the pinky promise that these companies will be oh so responsible with their finances when you want to retire. On the government side, they just print more money, which erodes the value of currency and is a nice spit in the face of responsible savers. Either way, pensions are bullshit -
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Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 19-Jul-2023 04:17:46 JST
Bread up, Bro
@Godcast @Balrog @GrungeQueef @RealRaul @Eiswald yes, a pension that relies on constant growth is a problem; there is nothing about pensions that makes that a requirement. The reason things happened that way was it was a "eat your cake and have it too" kind of solution where they could promise very generous pensions, but not actually pay for them. -
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Godcast (the short half) (godcast@poa.st)'s status on Wednesday, 19-Jul-2023 04:17:47 JST
Godcast (the short half)
@Balrog @GrungeQueef @RealRaul @Eiswald Pensions were always a gigantic scam -
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Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 19-Jul-2023 04:17:47 JST
Bread up, Bro
@Godcast @Balrog @GrungeQueef @RealRaul @Eiswald again, pensions aren't the problem, the problem is a country that hates you.
Pensions can work in a high trust nordic system easily. -
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Grunge Queef :verified: (grungequeef@poa.st)'s status on Wednesday, 19-Jul-2023 04:17:48 JST 
Grunge Queef :verified:
@RealRaul @Balrog @Eiswald -
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Balrog (balrog@poa.st)'s status on Wednesday, 19-Jul-2023 04:17:48 JST 
Balrog
@GrungeQueef @RealRaul @Eiswald Pensions were fine back when they actually worked as advertised: Everyone collective pay for their own pensions through optional cotisations (in my country, it's still an 'opt-in' system but it's all fucked anyway) but then 'reforms' showed up to ruin the system and perpetually make it the kids's problem so the jews can double dip on both generations AND have a perpetual excuse to make you work more years. -
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Balrog (balrog@poa.st)'s status on Wednesday, 19-Jul-2023 04:17:49 JST
Balrog
@Eiswald @RealRaul It has always been obvious but when you point it out, boomer conservacucks start talking about their fanfics where they had to go to school uphill both way in -100 degree weather and still had 15 kids before calling you a communist. -
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RAUL ?? (realraul@poa.st)'s status on Wednesday, 19-Jul-2023 04:17:49 JST
RAUL ??
@Balrog @Eiswald I just denied anything a boomer or old person says it usually pisses them off -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Wednesday, 19-Jul-2023 04:20:36 JST 
BowserNoodle ☦️
@Godcast @sickburnbro @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul ESOP is a good solution that fixes a lot of problems, as well as bad management ruining things because employees end up owning the company. Regardless, I still think a blended strategy makes sense- ESOP+401k(optional)+pension (optional). Diversification is a useful hedge against the unexpected twists of the economy. -
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Godcast (the short half) (godcast@poa.st)'s status on Wednesday, 19-Jul-2023 04:22:45 JST
Godcast (the short half)
@BowsacNoodle @sickburnbro @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul ESOP is basically just another form of compensation like 401ks. It's fine, but I absolutely do not trust the average employee with any sort of say in how a company gets run. BowserNoodle ☦️ likes this. -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Wednesday, 19-Jul-2023 04:24:59 JST
BowserNoodle ☦️
@Godcast @sickburnbro @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul They get votes for the board of directors, similar to unions choosing reps. It's not a democracy so much as replacing Blackrock's ability to mandate ESG trannyism on the widget factory with someone who literally works at the company voting out CEOs who do dumb stuff. -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Wednesday, 19-Jul-2023 04:32:33 JST
BowserNoodle ☦️
@Godcast @sickburnbro @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul It can, actually. You're correct in that credit needs generally dictate this, but without (((institutional investors))) holding the sword of Damocles over the CEOs head, they can finance anywhere or any way legally available to them. Fink may not be willing to underwrite them, but they're far from the only game in town. In fact, most local or regional banks would jump at the chance to underwrite a company's bond issuance. -
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Godcast (the short half) (godcast@poa.st)'s status on Wednesday, 19-Jul-2023 04:32:34 JST
Godcast (the short half)
@BowsacNoodle @sickburnbro @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul Gun to my head, I'd take the latter over the former, but that doesn't change the fact that I don't trust the average worker with anything more than their job (if that, tbh). ESG is a separate issue and is tied to a business's credit needs. ESOP doesn't solve that. -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Wednesday, 19-Jul-2023 04:37:52 JST
BowserNoodle ☦️
@Godcast @Robert_Edwardly @sickburnbro @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul The guy credited with the 401k regrets the economic damage it did. I have mixed feelings on the matter and ultimately think a mandatory compensation equivalent to pensions even if it's a 401k contribution with self-directed control would be a good compromise.
csmonitor.com/Business/2017/0104/Why-Father-of-the-401-k-says-he-regrets-pushing-the-retirement-plan#:~:text=%22I%20helped%20open%20the%20door,United%20States%20had%20traditional%20pensions. -
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:njp:Robert_Edwardly :windmill_of_friendship: ?? (robert_edwardly@poa.st)'s status on Wednesday, 19-Jul-2023 04:37:53 JST 
:njp:Robert_Edwardly :windmill_of_friendship: ??
@Godcast @sickburnbro @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul I guess my point was, as a future retirement investment, which is supposed to be what a 401k is, nothing there is guaranteed either, per SE. -
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Godcast (the short half) (godcast@poa.st)'s status on Wednesday, 19-Jul-2023 04:37:53 JST
Godcast (the short half)
@Robert_Edwardly @sickburnbro @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul Correct, which is why I favor employees getting paid when they work, not at some unspecified future date. Pensions are also a gigantic money pit for companies that make them uncompetitive and very likely to go under, fucking both current employees and pensioners. -
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:njp:Robert_Edwardly :windmill_of_friendship: ?? (robert_edwardly@poa.st)'s status on Wednesday, 19-Jul-2023 04:37:54 JST
:njp:Robert_Edwardly :windmill_of_friendship: ??
@Godcast @sickburnbro @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul So the position here is that a 401k isn't dependent on essentially the stock market slash, American government, but I repeat myself? -
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Godcast (the short half) (godcast@poa.st)'s status on Wednesday, 19-Jul-2023 04:37:54 JST
Godcast (the short half)
@Robert_Edwardly @sickburnbro @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul No, the fundamental issue is that a 401k contribution from your employer is a part of the payment for work you did rendered when you did it, not a mere promise that you'll be paid later which the company cannot guarantee. -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Wednesday, 19-Jul-2023 04:53:34 JST
BowserNoodle ☦️
@Godcast @Robert_Edwardly @sickburnbro @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul It doesn't, but it's kind of a critique of the 401k system itself. Pensions forced the employer to give a crap, even if it was just on paper and they screwed it up regularly. Running leaner and with more from 401k investors massively accelerated the wall street hypercapitalism being used against us today. -
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Godcast (the short half) (godcast@poa.st)'s status on Wednesday, 19-Jul-2023 04:53:35 JST
Godcast (the short half)
@BowsacNoodle @Robert_Edwardly @sickburnbro @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul That doesn't address my main argument against pensions. -
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Balrog (balrog@poa.st)'s status on Wednesday, 19-Jul-2023 05:02:30 JST
Balrog
@Nou @Godcast @GrungeQueef @RealRaul @Eiswald >Got blown the fuck out so hard, he started talking about men's dicks out of nowhere
>This is a jew's idea of changing the subject and saving face.
I should have called you Milo instead since you're a jew AND a faggot. -
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Zealist (zealist@poa.st)'s status on Wednesday, 19-Jul-2023 05:02:30 JST
Zealist
@Balrog @Nou @Godcast @GrungeQueef @RealRaul @Eiswald now i remember where i seen you before, being a raging asshole for no reason as usual, calling everyone jews cuz you're hte ultimate wn that ever existed and if someone dares disagree with your opinion on anything they're clearly a jew. sad. -
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Balrog (balrog@poa.st)'s status on Wednesday, 19-Jul-2023 05:02:31 JST
Balrog
@Nou @Godcast @GrungeQueef @RealRaul @Eiswald >*Random histrionics*
Oy vey, the jew is afraid.
>Muh third rail
You mean the thing already dismissed by the fact that pension reforms are thing and anyone who isn't a jewish retard flailing to cope know it because they are literally announced and confirmed by the gov itself?
Just trying to get a rematch on a point you already got slapped into dropping several times is another way to tell you're jewish BTW, Jacob Shekelstein. -
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Jim (nou@poa.st)'s status on Wednesday, 19-Jul-2023 05:02:31 JST 
Jim
@Balrog @Godcast @GrungeQueef @RealRaul @Eiswald So I was wondering why you sound like a cartoon caricature of an antisemite, and as always, my gut instinct was right.
The Eternal Drama Nigger... SAD!
Tell you what. If I ever want an expert opinion on Ethan Ralph's penis, I'll consider what you have to say. Otherwise, you have exactly zero of value to add.
Note: I will never want an expert opinion on Ethan Ralph's penis. -
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Balrog (balrog@poa.st)'s status on Wednesday, 19-Jul-2023 05:02:32 JST
Balrog
@Nou @Godcast @GrungeQueef @RealRaul @Eiswald >I vaguely said there are lies but I refuse to elaborate on what they are or why they are lies or even anything you said!
Okay so I didn't tell a single lie and was right about everything, the rest of your cope and your attempt to use the new word you just learned can be safely laughed at now.
Big noses aren't sending their best. -
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Jim (nou@poa.st)'s status on Wednesday, 19-Jul-2023 05:02:32 JST
Jim
@Balrog @Godcast @GrungeQueef @RealRaul @Eiswald Holy crap Chaim...have you suffered some kind of head injury? Do you need an ambulance?
What is "vague" about pointing out you are lying in your claim that Social Security has been gutted? -
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Jim (nou@poa.st)'s status on Wednesday, 19-Jul-2023 05:02:33 JST
Jim
@Balrog @Godcast @GrungeQueef @RealRaul @Eiswald The thing is, I'm not even sold on Myles' complete distrust of pensions. But the fact that you are so obviously lying and immediately screeching that anyone who points out the obvious lies is a jew makes you look extremely dishonest and absurdly stupid. -
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Balrog (balrog@poa.st)'s status on Wednesday, 19-Jul-2023 05:02:33 JST
Balrog
@Nou @Godcast @GrungeQueef @RealRaul @Eiswald The thing is I don't care what an obvious jew who repeat shit you can hear word for word on TV pretend to think after being caught. Not taking you seriously after you went mask off isn't screeching BTW.
>You are obviously lying
>But I can't point out any lie or substantiate why they are lies
That's a cope. A jewish one at that. -
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Jim (nou@poa.st)'s status on Wednesday, 19-Jul-2023 05:02:33 JST
Jim
@Balrog @Godcast @GrungeQueef @RealRaul @Eiswald I pointed out the lies. The expectation that I prove something *didn't* happen is some of the most retarded pilpul I've ever seen.
And you're engaging in the pilpul to defend a program started *entirely* by jews, and defended primarily by jews for the last 80 years.
What's next Prof. Krugman? You going to accuse me of trying to "Qanon" you? -
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Jim (nou@poa.st)'s status on Wednesday, 19-Jul-2023 05:02:34 JST
Jim
@Balrog @Godcast @GrungeQueef @RealRaul @Eiswald >seething about entirely fictional """cuts""" to the program set up by the most jewish cabinet until Trump
>pushing verbatim jew talking points from virulent jews like Paul Krugman and Robert Reich
>everyone else is a jew tho
This is what's called "crying out in pain as you strike." -
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Balrog (balrog@poa.st)'s status on Wednesday, 19-Jul-2023 05:02:34 JST
Balrog
@Nou @Godcast @GrungeQueef @RealRaul @Eiswald >Bro, the very public reforms every few years didn't happen, forget google is a thing
>Ashktually, it's you who has jewish talking point that are so verbatim I can't quote them
>W-w-w-when you say me and my retarded jew friend are jews, you surely mean all of earth is jewish! I can't have been found out.
Cope harder, Shekelstein, your nose is showing. -
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Jim (nou@poa.st)'s status on Wednesday, 19-Jul-2023 05:02:35 JST
Jim
@Balrog @Godcast @GrungeQueef @RealRaul @Eiswald >It didn't fail, it was actively cut into ribbons through 'reforms' that were closer to blatant sabotage than anything else.
Nigga what?
That shit was given the nickname "the third rail" explicitly because neither side will touch it. The idea what there is some kind of cabal undercutting it is completely delusional. -
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Balrog (balrog@poa.st)'s status on Wednesday, 19-Jul-2023 05:02:35 JST
Balrog
@Nou @Godcast @GrungeQueef @RealRaul @Eiswald >Nobody will touch it
>Please ignore the several reforms just in the last few years
>The idea that what happens right in front of everyone's eyes in public actual happens is delusion
Cool story, Jacob Shekelstein. -
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Godcast (the short half) (godcast@poa.st)'s status on Wednesday, 19-Jul-2023 05:02:36 JST
Godcast (the short half)
@Balrog @GrungeQueef @RealRaul @Eiswald The "social safety net" model of pensions has failed utterly and didn't last that long either. A government pension system relies on continuous population and economic growth, printing money to the detriment of the economy, or only paying out a miniscule number of people.
Your last example kind of shoots your case in the foot. Thanks to social security, the boomers don't need to be financially responsible or good to their kids, so they liquidate their assets. -
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Balrog (balrog@poa.st)'s status on Wednesday, 19-Jul-2023 05:02:36 JST
Balrog
@Godcast @GrungeQueef @RealRaul @Eiswald It didn't fail, it was actively cut into ribbons through 'reforms' that were closer to blatant sabotage than anything else.
No, if everyone pay for themselves as planned and you don't play around with the funds like the gov does, the system adapt perfectly and naturally to population and economic growth lowering.
Once again no, social security had nothing to do with it, boomers with house were literally not eligible for it, they were just doing exactly what they were taught was 'smart' and 'financially responsible', because jews control what you're taught about using your own money so they teach you to be retarded. -
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Balrog (balrog@poa.st)'s status on Wednesday, 19-Jul-2023 05:02:37 JST
Balrog
@Godcast @GrungeQueef @RealRaul @Eiswald I disagree, Pensions are exactly the kind of social safety nets that have frustrated jews away from creating a perpetual wage slave class for more than a century, which is exactly why they have rotten it away little by little from the inside.
Without pensions back in the day, anyone who lived paycheck to paycheck (aka what was to become the middle class conditions improved) would have been forced to work till death and the costs of their deteriorating health as they worked would have left nothing for the next generation to inherit.
Similar to how boomers sold their family homes for shekels and left their kids to be perpetual renters. -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Wednesday, 19-Jul-2023 05:11:28 JST
BowserNoodle ☦️
@Godcast @Robert_Edwardly @sickburnbro @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul True. I've said before that disempowering big finance through removal of their voting authority (proxy voting) for ERISA plans would be a HUGE win for culturally "conservative" people. E.g you own 500 shares of a hypothetical S&P500 equal weighted fund giving you ≈1 share of each stock and you choose to delegate voting rights of those to "moral majority investment advisors" rather than [fund company]. Kneecapping finance capitalism's ability to shill things would benefit everyone (except find managers). -
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Godcast (the short half) (godcast@poa.st)'s status on Wednesday, 19-Jul-2023 05:11:29 JST
Godcast (the short half)
@BowsacNoodle @Robert_Edwardly @sickburnbro @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul It sounds like we're getting screwed either way. At least with a 401k, I get the money my employer promised me now instead of probably never. -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Wednesday, 19-Jul-2023 05:14:19 JST
BowserNoodle ☦️
@BroDrillard @Balrog @Eiswald @Godcast @GrungeQueef @RealRaul @Robert_Edwardly @idea_enjoyer @sickburnbro Totally capitalist and heckin' valid to balloon property values beyond reason and subsequently inflate taxable values to drive out the fixed income and working class. They can always pass a levy to screw you into 500 a month extra payment if they so choose, even without that. It's quite frustrating and makes me loathe Ruth Bader Gonesberg even more. -
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idea_enjoyer (idea_enjoyer@poa.st)'s status on Wednesday, 19-Jul-2023 05:14:21 JST 
idea_enjoyer
@Godcast @BowsacNoodle @Robert_Edwardly @sickburnbro @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul I have so little faith in the system that I don't think there will be a pension or 401k for me on my old age -
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BroDrillard (brodrillard@nicecrew.digital)'s status on Wednesday, 19-Jul-2023 05:14:21 JST
BroDrillard
That's quite possible. One alternative is investing in property and collecting rent. But even this assumes that property rights will be respected. That was not the case in countries that implemented socialism/bolshevism - which is where the US seem to be heading. -
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idea_enjoyer (idea_enjoyer@poa.st)'s status on Wednesday, 19-Jul-2023 05:14:22 JST
idea_enjoyer
@Godcast @BowsacNoodle @Robert_Edwardly @sickburnbro @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul "finance jews can screw me instead of my employer screwing me" -
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Godcast (the short half) (godcast@poa.st)'s status on Wednesday, 19-Jul-2023 05:14:22 JST
Godcast (the short half)
@idea_enjoyer @BowsacNoodle @Robert_Edwardly @sickburnbro @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul You weren't paying any attention to the conversation, were you? -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Wednesday, 19-Jul-2023 05:42:06 JST
BowserNoodle ☦️
@Consoomer88 @idea_enjoyer @BroDrillard @Balrog @Eiswald @Godcast @GrungeQueef @RealRaul @Robert_Edwardly @sickburnbro Mississippi queen.mp3 -
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idea_enjoyer (idea_enjoyer@poa.st)'s status on Wednesday, 19-Jul-2023 05:42:07 JST
idea_enjoyer
@BroDrillard @Balrog @BowsacNoodle @Eiswald @Godcast @GrungeQueef @RealRaul @Robert_Edwardly @sickburnbro Exactly
What do we even do -
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Consoomer88 (consoomer88@poa.st)'s status on Wednesday, 19-Jul-2023 05:42:07 JST 
Consoomer88
@idea_enjoyer @BroDrillard @Balrog @BowsacNoodle @Eiswald @Godcast @GrungeQueef @RealRaul @Robert_Edwardly @sickburnbro Invest in aerodynamically shaped lead -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Wednesday, 19-Jul-2023 05:53:41 JST
BowserNoodle ☦️
@idea_enjoyer @BroDrillard @Balrog @Eiswald @Godcast @GrungeQueef @RealRaul @Robert_Edwardly @sickburnbro You get financial entertainment, explicitly not advice, from random anons on the internet. -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Wednesday, 19-Jul-2023 06:04:02 JST
BowserNoodle ☦️
@idea_enjoyer @BroDrillard @Balrog @Eiswald @Godcast @GrungeQueef @RealRaul @Robert_Edwardly @sickburnbro Okay but extrapolate all of that to your present situation. A Lot of people get analysis paralysis. Be the financial gym bro. Even if your form is garbage and you're barely doing 1/2 of what an actual squat is, you're still going to the gym instead of sitting on the couch. How specific do you want me to be for your *entertainment* so that it has use for you? -
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idea_enjoyer (idea_enjoyer@poa.st)'s status on Wednesday, 19-Jul-2023 06:04:03 JST
idea_enjoyer
@BowsacNoodle @BroDrillard @Balrog @Eiswald @Godcast @GrungeQueef @RealRaul @Robert_Edwardly @sickburnbro Yeah yeah, I've read Dave Ramsey, he's just the definition of "normalcy bias" -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Wednesday, 19-Jul-2023 06:11:14 JST
BowserNoodle ☦️
@idea_enjoyer @BroDrillard @Balrog @Eiswald @Godcast @GrungeQueef @RealRaul @Robert_Edwardly @sickburnbro This is a serious question btw. I can go deep into the specifics and technicals for you or as general as you want. -
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idea_enjoyer (idea_enjoyer@poa.st)'s status on Wednesday, 19-Jul-2023 06:17:01 JST
idea_enjoyer
@BowsacNoodle @BroDrillard @Balrog @Eiswald @Godcast @GrungeQueef @RealRaul @Robert_Edwardly @sickburnbro You're good man, thanks for the effort
I'm not rich but my kids are eating and I have no debt and no car payment. I'm not worried about today, barring unavoidable life disasters -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Wednesday, 19-Jul-2023 06:17:01 JST
BowserNoodle ☦️
@idea_enjoyer @BroDrillard @Balrog @Eiswald @Godcast @GrungeQueef @RealRaul @Robert_Edwardly @sickburnbro That's great man. I'm serious. If you hate the idea of investing in something that props up wall street and you have a 401k, see if you can self direct and look into thematic investments. There's stuff with religious leanings that will ban abortion and porno and other degenerate things and be age appropriate. There's also "stable value investments" which are exactly what they sound like and have some guarantee against loss but a cap on earnings. Don't forget i-bonds too if you haven't looked into those. -
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idea_enjoyer (idea_enjoyer@poa.st)'s status on Wednesday, 19-Jul-2023 06:17:48 JST
idea_enjoyer
@BowsacNoodle @BroDrillard @Balrog @Eiswald @Godcast @GrungeQueef @RealRaul @Robert_Edwardly @sickburnbro I appreciate it. My concerns are more existential to the life of the nation and not resolvable by financial counseling, even for entertainment purposes, which I agree this is, because it's primarily a crisis in existential confidence which I don't know how to resolve BowserNoodle ☦️ likes this. -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Wednesday, 19-Jul-2023 06:20:06 JST
BowserNoodle ☦️
@idea_enjoyer @BroDrillard @Balrog @Eiswald @Godcast @GrungeQueef @RealRaul @Robert_Edwardly @sickburnbro I feel you there. That's why I believe that last bullet point is the best. I personally expect a dramatic waning of our country's power within the next 20 years (implying it isn't here already), but I'm also hedging against that so that I don't end up a penniless goofball if I'm reading things wrong. It's just insurance as far as I look at it. -
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idea_enjoyer (idea_enjoyer@poa.st)'s status on Wednesday, 19-Jul-2023 06:29:17 JST
idea_enjoyer
@BowsacNoodle @BroDrillard @Balrog @Eiswald @Godcast @GrungeQueef @RealRaul @Robert_Edwardly @sickburnbro Yeah. I have pension from a former job and 401k. Just don't expect it to be there but on the off chance it is, it would help a lot BowserNoodle ☦️ likes this. -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Wednesday, 19-Jul-2023 06:30:29 JST
BowserNoodle ☦️
@idea_enjoyer @BroDrillard @Balrog @Eiswald @Godcast @GrungeQueef @RealRaul @Robert_Edwardly @sickburnbro You can possibly move that pension into an IRA. Sometimes they'll let you do that. From there, you could potentially do gold coins or other precious metals if you want to physically control stuff and have some emergency collapse material. Keep in mind that whole industry is a legal grey area, but not impossible. -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Wednesday, 19-Jul-2023 06:57:54 JST
BowserNoodle ☦️
@BroDrillard @Balrog @Eiswald @Godcast @GrungeQueef @RealRaul @Robert_Edwardly @idea_enjoyer @sickburnbro >series I savings bonds have a fixed rate+inflationary rate. Limited to up to 10k per year. 30 year payment but can be cashed in whenever. Cash in within 5 years and you forfeit 3 months interest. State and local tax free. Federal guarantee.
treasurydirect.gov/savings-bonds/i-bonds/
>Stable value Investments- insurance companies version of a money market fund. Usually only offered in 401k plans. $1 per share with higher average earnings than money market funds. Underlying investment is guaranteed by insurance company. Capped return with low risk. Chart shows it literally doesn't move. investopedia.com/articles/mutualfund/09/stable-value-funds.asp -
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BroDrillard (brodrillard@nicecrew.digital)'s status on Wednesday, 19-Jul-2023 06:57:55 JST
BroDrillard
Could you briefly edumacate me on "stable value investments" and i-bonds? BowserNoodle ☦️ likes this. -
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idea_enjoyer (idea_enjoyer@poa.st)'s status on Wednesday, 19-Jul-2023 06:59:01 JST
idea_enjoyer
@BowsacNoodle @BroDrillard @Balrog @Eiswald @Godcast @GrungeQueef @RealRaul @Robert_Edwardly @sickburnbro It's doable. One thing I have no faith in is as good as another thing I have no faith in though. BowserNoodle ☦️ likes this. -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Wednesday, 19-Jul-2023 07:08:43 JST
BowserNoodle ☦️
@idea_enjoyer @BroDrillard @Balrog @Eiswald @Godcast @GrungeQueef @RealRaul @Robert_Edwardly @sickburnbro That's why I suggested precious metals. If you're worried about the USD being around, you can physically own control the coins with some of those. -
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BroDrillard (brodrillard@nicecrew.digital)'s status on Wednesday, 19-Jul-2023 07:09:00 JST
BroDrillard
thanks! BowserNoodle ☦️ likes this. -
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idea_enjoyer (idea_enjoyer@poa.st)'s status on Wednesday, 19-Jul-2023 07:09:28 JST
idea_enjoyer
@BowsacNoodle @BroDrillard @Balrog @Eiswald @Godcast @GrungeQueef @RealRaul @Robert_Edwardly @sickburnbro I just have no faith in the stock market whatsoever and I'm a financial retard
I just try to stay out of debt -
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Godcast (the short half) (godcast@poa.st)'s status on Wednesday, 19-Jul-2023 07:09:28 JST
Godcast (the short half)
@idea_enjoyer @BowsacNoodle @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul @Robert_Edwardly @sickburnbro Your best bet is to talk to a certified financial planner and tell them you want safe, long term investments. Then forget about that investment fund until you retire (if you retire). BowserNoodle ☦️ likes this. -
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idea_enjoyer (idea_enjoyer@poa.st)'s status on Wednesday, 19-Jul-2023 07:14:28 JST
idea_enjoyer
@BowsacNoodle @BroDrillard @Balrog @Eiswald @Godcast @GrungeQueef @RealRaul @Robert_Edwardly @sickburnbro Interesting -
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BroDrillard (brodrillard@nicecrew.digital)'s status on Wednesday, 19-Jul-2023 07:14:28 JST
BroDrillard
Wars swept through Europe fairly regularly in the past. In our grandparents' generation it was still considered good practice to have some family jewels and silver around. If the need arose, in case of war or hyperinflation, people paid for food with those. As pax Americana draws to an end it's advisable to have something along these lines. BowserNoodle ☦️ likes this. -
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idea_enjoyer (idea_enjoyer@poa.st)'s status on Wednesday, 19-Jul-2023 07:20:28 JST
idea_enjoyer
@BroDrillard @Balrog @BowsacNoodle @Eiswald @Godcast @GrungeQueef @RealRaul @Robert_Edwardly @sickburnbro Probably so BowserNoodle ☦️ likes this. -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Wednesday, 19-Jul-2023 10:33:43 JST
BowserNoodle ☦️
@Robert_Edwardly @Godcast @sickburnbro @idea_enjoyer @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul Trouble with point 2 is making money doing that. -
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Godcast (the short half) (godcast@poa.st)'s status on Wednesday, 19-Jul-2023 10:33:44 JST
Godcast (the short half)
@sickburnbro @idea_enjoyer @BowsacNoodle @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul @Robert_Edwardly Id have to self dox to actually get away that and there are way too many takers in this thing already. -
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:njp:Robert_Edwardly :windmill_of_friendship: ?? (robert_edwardly@poa.st)'s status on Wednesday, 19-Jul-2023 10:33:44 JST
:njp:Robert_Edwardly :windmill_of_friendship: ??
@Godcast @sickburnbro @idea_enjoyer @BowsacNoodle @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul 1) on a long enough time horizon we're all going public or cucking anyway.
2) the idea is that you be not a taker, and show us how to do it. ;) -
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Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 19-Jul-2023 10:33:45 JST
Bread up, Bro
@Godcast @idea_enjoyer @BowsacNoodle @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul @Robert_Edwardly you should set up some certified racist financial planning -
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:njp:Robert_Edwardly :windmill_of_friendship: ?? (robert_edwardly@poa.st)'s status on Wednesday, 19-Jul-2023 10:44:35 JST
:njp:Robert_Edwardly :windmill_of_friendship: ??
@BowsacNoodle @Godcast @sickburnbro @idea_enjoyer @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul I actually believe you can make money providing financial advice without being a "taker".
InB4 I get called a Jew.BowserNoodle ☦️ likes this. -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Wednesday, 19-Jul-2023 10:45:22 JST
BowserNoodle ☦️
@Robert_Edwardly @Godcast @sickburnbro @idea_enjoyer @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul Nah I think it's reasonable to charge people for your knowledge and time and to make sure stuff gets done right. Finance is a tricky thing because "you don't know what you don't know" on multiple levels. -
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Godcast (the short half) (godcast@poa.st)'s status on Wednesday, 19-Jul-2023 10:53:53 JST
Godcast (the short half)
@BowsacNoodle @sickburnbro @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul Shareholders would have to be willing to take a massive hit on profits to service the higher interest rates that non-ESG lenders give out. Maybe you could find a few examples, but everyone I e ever worked with would happily sell thousands of tons of industrial equipment for pennies on the dollar for beer money. -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Wednesday, 19-Jul-2023 10:53:53 JST
BowserNoodle ☦️
@Godcast @sickburnbro @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul Shareholders are the employees. Often you're prohibited from selling while working or pre-retirement age. If you do sell, it goes into an escrow type account if they can't find a buyer. Interest rates actually aren't higher it's just that blackrock dominates the bond market due to jewish nepotism giving them special clearance after fink "saved the bond market" a while back. -
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CenturianFrend (centurianfrend@poa.st)'s status on Wednesday, 19-Jul-2023 11:16:48 JST 
CenturianFrend
@BowsacNoodle @Robert_Edwardly @Godcast @sickburnbro @idea_enjoyer @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul PLEASE JUST TURN THIS $100 INTO $150 DOLLARS AND I'LL GIVE YOU $20 OF IT. -
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BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Wednesday, 19-Jul-2023 11:16:48 JST
BowserNoodle ☦️
@CenturianFrend @Robert_Edwardly @Godcast @sickburnbro @idea_enjoyer @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul "But I just want to farm and earn an honest living..."
>HANDLE THE MONEY, SUBSTITUTE-JEW! -
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Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 19-Jul-2023 21:54:18 JST
Bread up, Bro
@Godcast @idea_enjoyer @BowsacNoodle @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul @Robert_Edwardly to me, the bigger issue is that then you have all that information in a centralized place and it would be very tempting for antifa types to try and get to that. BowserNoodle ☦️ likes this. -
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Godcast (the short half) (godcast@poa.st)'s status on Wednesday, 19-Jul-2023 21:54:19 JST
Godcast (the short half)
@sickburnbro @idea_enjoyer @BowsacNoodle @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul @Robert_Edwardly They sell an actual product and presumably have a market outside the charity of our guys. Selling financial services is a tough enough row to hoe with out being branded an evil nazi -
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Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 19-Jul-2023 21:54:19 JST
Bread up, Bro
@Godcast @idea_enjoyer @BowsacNoodle @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul @Robert_Edwardly I mean, based on their soap naming, I can't really imagine that.
I think being the "based" financial planner certainly has a different risk profile, though. -
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Godcast (the short half) (godcast@poa.st)'s status on Wednesday, 19-Jul-2023 21:54:19 JST
Godcast (the short half)
@sickburnbro @idea_enjoyer @BowsacNoodle @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul @Robert_Edwardly The biggest issue comes down to liability. I can "share my opinion," but in order to actually help someone with their finances, I'd have to have access to their finances in more detail than a vague sense of where they are, and I don't think anyone is going to go through the rigamarole to sanitize their financial statements for the previous two years. And if course if I were to do that anonymously, if I got doxed, then it's out there that I'm giving illegal financial advice. Honestly, any moneymaking idea I have, I try to point squarely away from our guys. We're put-upon enough already and squeezing them for more is wrong, imo. -
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Bread up, Bro (sickburnbro@poa.st)'s status on Wednesday, 19-Jul-2023 21:54:20 JST
Bread up, Bro
@Godcast @idea_enjoyer @BowsacNoodle @BroDrillard @Balrog @Eiswald @GrungeQueef @RealRaul @Robert_Edwardly I mean, it seems like the soap company is doing ok enough.
-
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