I think Milei is a true believer. He’s devoted his life to the study of ridiculous AnCap economics. I think he thinks that making his & his buddies’ wallets fatter is how you fix the Argentinian economy. He’s wrong and stupid, but I think he’s good faith.
I mean, in some ways it helped initially. It’s true that inflation needed to be dramatically curbed, and austerity & currency devaluation helped with that (while massively spiking poverty rates). Inflation is now largely under control, which is great, and they avoided dollarization while largely aligning the exchange rate with the black market “blue” rate. It’s a problem that spending couldn’t solve, and it made sense to try to make Argentina a more competitive exporter, etc. etc.
BUT many of the changes he made could have (in my view: will have) seriously negative long-term effects: mass privitization of public sector agencies/programs, destroying unions and pro-worker regulations, massive deregulation, and elimating the country’s ability to regulate business in the future, massively increased wealth inequality. Also, massive currency devaluation could cause an affordability crisis in Argentina, and paradoxically higher inflation or even an inflationary spiral.
Also, the things that worked to curb inflation will only continue to work if their economy keeps growing, spending stays responsible, they maintain a fiscal surplus, etc. So far, that hasn’t been the case - they had to rely on a massive US bailout (IMF + currency swap), poverty has remained high, and the long-term outlook for working-class Argentinians is extremely tenuous.
I’ve literally been doing this for lunches. Bake a loaf of bread, have a rotisserie chicken on hand for the week, a block of cheese. Boom. Lunch.
And when I have some more time or am tired of that, make some porridge with oats and chicken. Maybe a little broth, some onions, seasonings.
Dont underestimate peasant mode. Lunch for the whole week for like $12
People believed them. That’s why there are documents detailing various agencies’ research into Epstein & co.
If no one believed them, no one would have looked into it.
Now, the Trump admin and captured agencies are trying to cover it up, redact abusers names, release victims names/info/pictures, cover the whole thing up, etc. But that’s a different story.
I’ve literally had that problem. More than once.
“acting in shareholders’ best interests”
That is from the loyalty section. Shareholders best interests are achieved by balancing the various duties, as I said.
That is why I said that it isn’t about short term profits necessarily. The best interest of the shareholders is not short term profit seeking that destroys the business. It is long term profits and a company that can continue to generate them.
It would be very difficult to argue that decisions damaging profitability in the long term are in shareholders best interests.
In this case, union busting, clearly executives think union busting is in the best interests of shareholders. If that isn’t because of profitability, why is it not in their intersts?
https://online.hbs.edu/blog/post/fiduciary-duty-to-investors
They owe a fiduciary duty of loyalty to shareholders - they (named executives) must act in the best interests of shareholders. So that doesn’t necessarily mean doing everything possible at all times to maximize profits/share price in the short term, it does mean they need to attempt to do that in the long term while balancing that duty against other duties they owe (like to act lawfuĺly).
Since Duffy only had a passport onhand, he was categorized with a “non-ID group” before being handcuffed and detained.
“Only”? WTF… that’s the most official ID you can possibly have.
I think it’s neat. I’ve not seen builds like yours before - so it’s been cool to see your style. Thanks for posting OC
True! Co-ops are great
It also depends on the state the company is incorporated in, but yeah that’s true.
And it is a duty to the corporation (legal entity), notably not to the workers themselves; so while the interests of workers and the corporation may align sometimes - you don’t have to do what’s best for the workers if it isn’t best for the company.
You still need to operate lawfully, and you can’t pay so little that you can’t hire/retain anyone, and you need to pay enough that you can hire people skilled enough to do the job, but you need to pay (ideally) only that amount and no more. Anything else takes away from profits and, you could say, makes the company less likely to succeed - if the company doesn’t succeed, then no one would have jobs. Or so they’d argue.
The same as for goods, the price of labor is treated by employers as “what the market will bear”. For goods, that means higher prices, for labor it means lower prices.
The pizza part is an old 4chan thing, and we know Epstein was involved with 4chan and its creator, Moot. “Cheese Pizza” = cp aka csam. It’s why they started the pizzagate conspiracy - it was a joke referencing this.
I assume grape soda is code for black children because of the racial association and pizza is white children - could mean girls/women of any age, though.
They also talk about slicing pizzas. I assume that means taking their virginity, but it could be worse than that.
The reason for this is pretty simple: necessity.
Companies Corporations have a fiduciary duty to maximize profits for shareholders.
If no union exists, that means depressing wages as much as possible while meeting staffing needs.
If a union is forming, it means spending as much as you need to stop it since, if you don’t, you’ll be unable to depress wages over the long term.
When a union exists, well then they have to negotiate to continue operations and so workers get paid more fairly.
Join or organize a union if you can.
Dobles para defensa del hogar también
Oooh “Domestic Terrorist Fucking App”? A dating app for people who ICE thinks are “domestic terrorists”? Sounds like a pretty big improvement over the current apps
I’m not saying it’s rational, it just feels like more money.
Many are. It’s been going on since the 1950s. And it’s a private event that politicians choose to participate in - so it isn’t like it’s state sponsored, technically - even though it politicians attend in their official capacity. It isn’t something that can just be easily shut down on constitutional grounds and is a complex issue. I think lawyers would have to prove that government resources are being used and that it creates an unconstitutional breach of the 1st amendment.
Here’s what the freedom from religion foundation has to say about it
Little different for me:
$1 - 5 = $5
$6 - 12 = $10
$13 - 20 = $20
$21 - 50 = $50
$51 - 70 = $100
>$70 = $1000
Beanis shitposting in spaaaaace
Kid is an absolute Chad. Imagine stanning the fucking whiny nazi dweeb kid over the kid who decks him.