Stories
Slash Boxes
Comments

SoylentNews is people

This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 2) by JoeMerchant on Sunday May 10 2020, @12:40PM (15 children)

    by JoeMerchant (3937) on Sunday May 10 2020, @12:40PM (#992302)

    Keep buyin' those lottery tickets Buzzy, you can't win if you don't play.

    --
    🌻🌻 [google.com]
    Starting Score:    1  point
    Karma-Bonus Modifier   +1  

    Total Score:   2  
  • (Score: 2) by The Mighty Buzzard on Monday May 11 2020, @10:29AM (14 children)

    You mock but it's the absolute truth. You ever want to be anything but a wage slave, you have to risk failure. Life ain't easy and it ain't safe but you can't succeed if you don't even try.

    --
    My rights don't end where your fear begins.
    • (Score: 3, Interesting) by JoeMerchant on Monday May 11 2020, @12:01PM (13 children)

      by JoeMerchant (3937) on Monday May 11 2020, @12:01PM (#992761)

      Like the little twat who sold all his possessions, rented a tux and went and bet it all on a single roulette spin "Black." He openly acknowledged that the "only way" he could take such a risk was because of the safety net his parents provided. My parents are school teachers, their parents were a schoolteacher, mechanic, security guard and a hairdresser - I'd rate my safety net as thin, not the kind you can use more than once, but still better than average. After that, it's the government's safety net between me and homelessness/starvation. Most people hit that bottom even easier.

      We should have a government safety net, I'm not arguing against that. It should be thin - not particularly pleasant to live on, but reliable enough to keep people from deteriorating into more expensive conditions to recover from. What we shouldn't have is a social structure that requires you to take a high risk falling on that net, repeatedly, just to have a chance of getting ahead.

      I have learned a bit about startup businesses after 30 years of working in and around them. It takes money to make one go, the more the better. Generally speaking, any enterprise I have known that employs ~10-20 people, from food service to small time manufacturing, seems to require something in the order of magnitude of $5M to get going. The old guys who have succeeded, or near-succeeded, doing stuff like that won't even entertain the idea of starting a new venture without that capital. Similarly, when these guys get up in their 80s, they tend to sit on the sidelines and say things like "I'm just too old to get out and raise the money to start something new." Most people in their 20s, 30s, 40s may not be too old to raise the money, but unless they're top 1% B.S. peddlers, or connected by family or similar ties, they're unlikely to get that kind of seed investment from the people that have it to invest. When I was ~28, I made a semi-conscious choice: I turned down the opportunity to go to Boca Raton and basically beg for investment money for our business. I'm good at a lot of different things, I enjoy a lot of different things, I have successfully participated as a junior team member in the investment capital seeking process - I never enjoyed it, and by the opportunities I have chosen to pass over, I effectively have decided I'll never find out if I'm good at leading the begging process. There's too much lying, posturing of false financial security, over-polishing of results, etc. expected in the process for me to ever enjoy it. Also, I've known several people who "won" that venture capital brass ring grabbing contest - they all aged 20 years in the next 5 after they got it.

      In VC land, after you win the $5M or whatever seed money investment, you're highly encouraged to succeed, but very much expected to fail. The track record is over 95% failure within 3 years. This also seems to apply to smaller businesses like independent restaurants in urban areas. Sure, you can franchise from Landrys - locate in a chic urban redevelopment zone, etc. and pad your chances of surviving, but that success padding also comes at a rather extreme cost of profit sharing with the franchise, lease holders, investors, etc. Risk control amounts to "working for the man" again, without benefits, and again you're most likely to need that safety net.

      You ever want to be anything but a wage slave, you have to risk failure. Life ain't easy and it ain't safe but you can't succeed if you don't even try.

      Very true, but also advice that would send most of those who follow it directly onto whatever safety nets they have, and I'd prefer if my tax dollars didn't have to pay for the aftermath of failed risky schemes just so my fellow countrymen have a chance to be something besides a wage slave.

      --
      🌻🌻 [google.com]
      • (Score: 2) by The Mighty Buzzard on Tuesday May 12 2020, @10:55AM (12 children)

        Dude, whatever. I'll sit over here with my brass ring and you can sit over there thinking it's all blind luck. It's not, of course. I could start with nothing but the clothes on my back and be fiddling with another brass ring just like this one inside a year. But if you need the warmth your envy provides you to keep the cold your faintness of heart is dumping on you, go ahead and keep snuggling in it.

        --
        My rights don't end where your fear begins.
        • (Score: 2) by JoeMerchant on Tuesday May 12 2020, @12:50PM (11 children)

          by JoeMerchant (3937) on Tuesday May 12 2020, @12:50PM (#993309)

          I don't think you've got one of the brass rings I'm looking at - that's that thing about happiness, it's all relative. Dude in a three wall shack is happy when his roof keeps most of the rain off his dirt floor and his sleeping pallet is high enough to keep him out of the mud - after all, look at the neighbors who have holes in their roof and mats in the mud.

          I'm glad you've found satisfaction at your level. For all my bitching about the absurdity of the corporate world, I'm really happy with what I've got. I see how it could be a lot better for a lot more people, but I'm not in a bad spot, as evidenced by the total lack of better options around me.

          the warmth your envy provides you to keep the cold your faintness of heart is dumping on you, go ahead and keep snuggling in it.

          Whether you feel envy or not, the inequality is there. When you're king of your own particular dung hill, the view is pretty good all around. Most of my life I've been playing on dung hills in the $10M-100M class, where I can see the top clearly, but have little chance of reaching it myself - and I am, and always have been, totally O.K. with that - I don't need nor particularly want to trade places with the people on the top of those dung hills, there are problems that come with the position and some tradeoffs I wouldn't want to make to get there. 7 years ago, I jumped off one $30M dung hill onto another much nicer one, and a year later that one got bought and consolidated into a $100B dung hill. Life here is better overall, even if the local peak is higher. Shit does indeed still roll downhill, but if you think about how pointy the top of the pyramid is, it's not surprising how little of it hits me on the way down.

          --
          🌻🌻 [google.com]
          • (Score: 2) by The Mighty Buzzard on Tuesday May 12 2020, @01:24PM (10 children)

            I'm glad you're happy with where you are. But why then have you been going off on the safe jobs not being upwardly mobile enough to suit you? Momentary annoyance, reflex, something else?

            And, yeah, you wouldn't dig my brass ring. A lot of folks aren't well suited to working a week or less a month on average and a lot of folks aren't going to be happy with my income level. It's damned near ideal for me though and should I want more all I have to do is turn down less work or hustle up a little more. No way would it work if I weren't willing to shoulder the risk of taking sole responsibility for my financial stability though.

            Lastly, economic inequality ain't a bad thing. People are not equal in all things, there are just certain things we demand they be treated equally in. Income has never and will never be a viable candidate for that class. Different people contribute to society in insanely different amounts and that absolutely should be reflected in their wallets. Capitalism ain't perfect at that (it can be gamed) but it is very good at it. Worlds better than any other economic system. I mean, you've said yourself that you're unwilling to take the risks and responsibilities that come with moving higher up the food chain. You can't justifiably complain if that's a position you've taken.

            --
            My rights don't end where your fear begins.
            • (Score: 2) by JoeMerchant on Tuesday May 12 2020, @03:56PM (9 children)

              by JoeMerchant (3937) on Tuesday May 12 2020, @03:56PM (#993370)

              why then have you been going off on the safe jobs not being upwardly mobile enough to suit you? Momentary annoyance, reflex, something else?

              I think - more feel, really - that the pointy pyramids are bad, unqualified bad, because of what ends up happening to the bottom when the top is so high they can't even imagine what life is like down there below the clouds. Shit does indeed roll downhill, and when your toilet is in the stratosphere and it's been 20 years since you even took a look below the clouds, you really have zero appreciation for what the blue-ice bombs do on the ground. It's all relative, and people who operate at those heights easily forget that they are ultimately people, just like the mud dwellers at the bottom. For the most part, they're not up there because they're faster, stronger or smarter, and even when they are relatively smart, strong, nimble or quick - they forget (or, some of them are actually aware and very afraid) that there are millions down in the mud who are actually smarter, quicker and more nimble than they are, but have much less chance of ascending than the dim bulbs who are born near the peaks. I guess I never grew up, I still feel like we'd all be better off, including the peak dwellers, if there were even a little bit more "fair" in the world.

              you wouldn't dig my brass ring. A lot of folks aren't well suited to working a week or less a month on average and a lot of folks aren't going to be happy with my income level.

              One of the things that kind of eats at me about being a Wally is that, in the real world, you can't really crow about it or there's a real risk of losing your spot. As for the income level, my kids are more than a full time job which keeps my wife and a few others employed, so I'm left earning the bread for something like 4.2 mouths - and we like our perks: the house on some land, 4 cars and a sailboat, when you've got decent cash income, it skews choices like who changes the oil.

              economic inequality ain't a bad thing.

              No, but... through my entire life I've watched the top rocket away from the bottom, and as compared to 50 years ago it's getting pretty ridiculous around here.

              Different people contribute to society in insanely different amounts and that absolutely should be reflected in their wallets.

              Yes, but... there's a near-total disconnect between the real contributions and the remuneration that reaches the wallets, at least when I look up from my present position at the highly compensated executives, and down to the people who grind it out on the lower service tiers. I see maybe 5% value based compensation and 95% "connection based" compensation - you're worth more according to who you have access to than what you do.

              Capitalism ain't perfect at that (it can be gamed) but it is very good at it.

              Capitalism is a word that ties to all kinds of ideals - ideals that aren't very faithfully implemented anywhere, including the U.S. Communism got tied to some even more problematic implementations in the U.S.S.R. and China - if you look at Cuba and the challenges that Communism faced there for the last 50 years, I'd say it did pretty well for the circumstances. Not that I'd trade my life to live in Cuba, not that they had it good for the last 50 years, but certainly better than say North Korea.

              Worlds better than any other economic system.

              For all my bitching about starting points, I was born a white male in the U.S. Southeast in the 1960s - easily top 5% starting advantage in the world at that time. I feel like post WWII US politics, for all of it's imperialistic adventuring to feed the MIC, was relatively idealistic - Civil rights, Women's rights, etc. a lot of progress was made in a short time. Cold war was a curious exercise, and one which the U.S. came out of with tremendous advantages. I hope those advantages aren't squandered over the next 50 years.

              I mean, you've said yourself that you're unwilling to take the risks and responsibilities that come with moving higher up the food chain. You can't justifiably complain if that's a position you've taken.

              I think it's something that all people (well, at least the bottom 90% of the wealth distribution) in the western economies should not only complain about, but strive to change - like the ending of racial and sexual discrimination (works still in progress, of course): the ending of economic discrimination - not to some total equality holding hands singing Kumbaya - but a progressive reversal and shrinking of the wealth gap that has been growing faster and faster over the last decades.

              We're all genetically compatible - pre-conception, most peoples' children have roughly the same chances for ability to contribute to society later in life, but... who your parents are skews those chances, and every action thereafter continues to skew them until a really sad number of people with really high potential end up asking "do you want fries with that?" or the equivalent for far too much of their life. The structure that requires them to risk destitution to reach the next level opportunities should be broken down.

              --
              🌻🌻 [google.com]
              • (Score: 2) by The Mighty Buzzard on Wednesday May 13 2020, @11:46AM (8 children)

                No, but... through my entire life I've watched the top rocket away from the bottom, and as compared to 50 years ago it's getting pretty ridiculous around here.

                And over the exact same span, how rapidly has everyone's standard of living increased? And don't give me the standard "it's so much worse", nostalgic, idiotic nonsense. Think about what life was actually like for poor folks when you were a kid and compare it to now. See, huge currency gains equate to one of two things for every individual (inheritance aside as it's lateral or downward movement of capital, almost never upward): massive contributions to society by them or a deft hand at gambling. They either made their money by providing what people want or by gambling in the markets. Neither of those are harmful to anyone in society in any way and neither are morally or ethically bad.

                Yes, but... there's a near-total disconnect between the real contributions and the remuneration that reaches the wallets...

                No, there's not. You think there is only because, not wanting and refusing to take said responsibility, you do not understand that responsibility's value. For the most part, people get paid what the folks hiring them think they're worth. Now the ones doing the hiring may be right or they may be wrong but that's irrelevant since they're using their best judgment and you can't expect more. Yes, there are exceptions. No, the exceptions are not the norm and aren't even really statistically relevant.

                Dude, you're buying the class warfare envy line the Dems are selling when you're absolutely smart enough that you should be able to see it for the idiotic, self-serving, morally repugnant nonsense that it is. Someone having more than you, even millions of times more, does not make your life any worse. It does not in any way entitle you to any of what they have. And it does not make them in any way morally incorrect. They did not step on your neck to get their wealth. They sold you goods and service you were willing, often even eager, to pay for to improve your life in some way. And they contributed many jobs and much wealth flow back into the economy to do so.

                Lastly, fuck, man, do you think only poor people have to take risks if they want rewards? Aside from sticking your money in a bank and hoping the interest rate outpaces inflation (it often does not and you lose wealth by doing that), there are no safe ways to make more money. What folks are lacking is not opportunity or potential, it's education in how to life. Little things like "never spend more on a car than on your house", "acquire a skill that has a history of always being in respectable demand", and "keep a bare minimum of three months living expenses saved back for emergencies no matter how much you have to tighten your belt until you've done so". Parents who don't know this shit can't teach it, so we need to be teaching this shit from some other angle. Could be in public schools, could be through for-profit ventures (necessarily low cost), or could be outright charitable endeavors.

                --
                My rights don't end where your fear begins.
                • (Score: 3, Insightful) by Arik on Thursday May 14 2020, @09:02PM (2 children)

                  by Arik (4543) on Thursday May 14 2020, @09:02PM (#994394) Journal
                  "And over the exact same span, how rapidly has everyone's standard of living increased?"

                  When I was growing up, most families only needed one paycheck. Today, most families require two paychecks.

                  That doesn't sound like a better standard of living.
                  --
                  If laughter is the best medicine, who are the best doctors?
                  • (Score: 2) by The Mighty Buzzard on Friday May 15 2020, @11:25AM (1 child)

                    You're really going to ignore the undeniable fact of all the quality of life advancements that've become available even to the poorest folks over the past 50 years? Dude, we're done here if you're going to be that disingenuous.

                    --
                    My rights don't end where your fear begins.
                    • (Score: 2) by Arik on Thursday May 28 2020, @12:15AM

                      by Arik (4543) on Thursday May 28 2020, @12:15AM (#999982) Journal
                      "You're really going to ignore the undeniable fact of all the quality of life advancements that've become available even to the poorest folks over the past 50 years?"

                      There are certainly improvements in technology, and some can reasonably be associated with quality of life. There's no denying that, I wouldn't try.

                      But at what cost do those things come? Quality of life isn't about having the best things, even the best medicine. It's more important in quality of life terms to have time for your family than to have any of those things.
                      --
                      If laughter is the best medicine, who are the best doctors?
                • (Score: 2) by JoeMerchant on Sunday May 17 2020, @04:14AM (4 children)

                  by JoeMerchant (3937) on Sunday May 17 2020, @04:14AM (#995242)

                  there's a near-total disconnect between the real contributions and the remuneration that reaches the wallets...

                  No, there's not. You think there is only because, not wanting and refusing to take said responsibility, you do not understand that responsibility's value.

                  So, here I think our difference in life experience is why we're never going to agree on this point.

                  You may see small business owners as highly responsible heroes worthy of their position... I might begin to agree with that point, although I've known far too many heartless greedy assholes who focus on the power of their position far more than the responsibility aspects - quick to hire at bottom dollar and bottom benefits - quick to fire with zero notice for zero cause on the part of the employee. If I'm not mistaken "employment at will" wasn't a thing until the 1990s, that's a major step back in quality of life and security for everybody who works under it.

                  What I have experienced more of are petulant trust fund babies at the top of their businesses, abusing and neglecting their responsibilities - literally cocaine addicted landlords who show up once every couple of years to check on their building managers, the list is long and twisted, but these are the people I have seen at the tops of many dung heaps - maybe they have responsibility and they're abusing it, but it's not stopping them from getting paid.

                  I do know plenty of smaller landlords and other people who do take responsibility and get money for it - they're not all bad or evil and the position of being "in charge" doesn't automatically corrupt, my first CEO was a genuinely good guy - flawed like we all are - and Jewish so we were never paid more than market rate, but he did try to keep us around market rate, and would fix it when we reminded him we were falling behind. So, so many others are just power tripping and taking advantage of their position for personal gain with their only regard for their employees seemingly being to disable their ex-employees from suing them.

                  Has "standard of living" really gone up for the poor? What kind of debt did kids graduate from college with in the 1960s? Almost uniformly zero. What kind of work did these kids have to do if they needed to work their way through school paying their own way? Well, for starters, that was an actual physical possibility back then - now you're lucky to get a 4 year degree on your even with loans. What kinds of jobs waited for them when they got out with a degree? Proportionally more and better than today where kids go back home and live in the basement for years - it's not entirely because "kids these days are just lazier" - although that might be part of it - there genuinely is less opportunity, where it took me and my parents a few weeks to months to find a decent job in our chosen fields that time is much longer on average now, and many more people are forced into employment "downmarket" from their skillsets. Yeah, should have studied a more valuable skill, right? Hard to do when the market flip-flops faster than you can get a degree.

                  Little things like "never spend more on a car than on your house", "acquire a skill that has a history of always being in respectable demand", and "keep a bare minimum of three months living expenses saved back for emergencies no matter how much you have to tighten your belt until you've done so". Parents who don't know this shit can't teach it, so we need to be teaching this shit from some other angle. Could be in public schools, could be through for-profit ventures (necessarily low cost), or could be outright charitable endeavors.

                  All good common sense, and I think it all still applies, but... big but here... it's not Dems peddling brainwashing, Dems are a big part of the problem, there really is a difference in the cost/opportunity landscape out there and nobody is doing anything real about turning around the changes in the world to bring costs down and opportunities up.

                  Personally, I think the whole system is too damn corrupt to fix it with little pork projects here and there, special laws for special interests, etc. A structural change, like a flat tax where everybody from the short order cook to Warren Buffet pays the same percentage of income in income tax, plus UBI to bring up the bottom to a "living wage" - that could change things for the better. Throw out minimum wage, throw out most of the social security crap - UBI - Universal Basic Income for every citizen. Want to live and work in the country as a non-citizen, fine - but until you become a citizen: no UBI for you. Would solve the whole immigration/wall thing real quick. It could change the landscape for the better for most people, except those who get off on having people serve them because they're afraid they (or their children) will starve if they don't.

                  --
                  🌻🌻 [google.com]
                  • (Score: 2) by The Mighty Buzzard on Sunday May 17 2020, @12:01PM

                    You may see small business owners as highly responsible heroes worthy of their position...

                    I see them as people, the same as everyone else. Except that they contribute far more to society than if the same person were shoveling shit or slinging burgers.

                    What I have experienced more of are petulant trust fund babies at the top of their businesses...

                    No, you haven't. They just chap your ass to an absurd degree, so you think you have. Trust fund babies are a lower percentage of the population than transsexuals.

                    Has "standard of living" really gone up for the poor? What kind of debt did kids graduate from college with in the 1960s? Almost uniformly zero.

                    Dude, you just took the position that not being able to go to college at all was better than being able to go to college by assuming idiotic levels of debt. That's a stupidass position. Rethink it.

                    And college is an expensive luxury. It has never been a necessity. The idea that it is was created by the boomers inadvertently teaching their kids that there was something terrible about working for a living. I've been both blue and white collar and I'll tell you straight: your life will be happier with a blue collar than a white one if you put the same amount of effort into learning a trade that you would have learning shit at college.

                    But in selecting college as your standard, you've neglected computers (including the one you carry around in your pocket), air conditioning, multiple televisions, game systems, the Internet, access to healthcare worlds beyond what we had in the 60s, being able to finish school at all without having to drop out and take a job, and countless other things that even most of the poorest households take for granted nowadays. Take the rose-colored glasses off and remember how that shit really was.

                    Throw out minimum wage, throw out most of the social security crap - UBI - Universal Basic Income for every citizen.

                    That would work for approximately one election cycle. The very next one the Dems would be trying to add extra handouts on to buy votes. Having a party dedicated to making people think they can vote themselves someone else's money and that it's perfectly okay to do so is insanity of the highest order and will destroy the nation. That's not hyperbole.

                    --
                    My rights don't end where your fear begins.
                  • (Score: 0) by Anonymous Coward on Sunday May 17 2020, @02:56PM (2 children)

                    by Anonymous Coward on Sunday May 17 2020, @02:56PM (#995371)

                    Yes the actual reality is WAY worse than you think, you have watch a video to grok it
                    https://www.youtube.com/watch?v=QPKKQnijnsM [youtube.com]

                    • (Score: 0) by Anonymous Coward on Monday June 01 2020, @11:43PM

                      by Anonymous Coward on Monday June 01 2020, @11:43PM (#1001939)

                      Good luck getting Buzzy to actually view that, and if he does he'll still have some Libertarian excuse for it.

                    • (Score: 0) by Anonymous Coward on Tuesday June 02 2020, @08:55AM

                      by Anonymous Coward on Tuesday June 02 2020, @08:55AM (#1002102)

                      I'm a pretty conservative and free market guy. I was off the first two by favoring the rich more than the stated amount. But even so, I way underestimated the third one.