Circus circa 2020: Page 18 - The Arsenal discussion community: One More in the Tolly

Circus circa 2020

Claudius

Feels normal. Bloomberg has run a very good tv campaign. This is a logical next step. He’s way up in the polls without ever having set foot on a stage. If you’re going to be on the Internet, use the most effective tools

Claudius

jones wrote:
The thought alone of those two freaks having a baby

Did we have the article about Grimes’ fitness and self-care routine on this forum. She’s a Martian.

Burnwinter

Trying to use meme propaganda to win elections is actually very old school when you think about it ...

Anyway Bloomberg will make a big dent among undecided people, and will attract a lot of "what if?" speculation from billionaire-friendly pundits, but it's likely to be hard for him to unify a lot of the vote from the outside. It's obscene the amount of his own money he's planning to spend but I suppose he's calculated he'll make it back in tax cuts if he wins ...

Klaus

Most likely, yes. Bloomberg doesn't even have to win, he just has to make sure Bernie will lose. I looked it up; he makes over $10 billion annually. Imagine the extra tax on that for the next 4-5 years if Sanders takes office. And that's assuming that he or another progressive won't win in 2024 too, because it's going to be hard for any Democrat to run on a platform where they promise tax breaks for billionaires at that stage. That's what Bloomberg's moderism is about: promising small tax increases for the obscenely rich in order to keep most of his wealth to himself.

Klaus

And he's also 78, so odds are pretty decent he'll be dead within the next eight years (fingers crossed).

jones

Klaus wrote:
And he's also 78, so odds are pretty decent he'll be dead within the next eight years (fingers crossed).

I'm currently reading a book about Vanguard, the second largest asset management group in the world after the much better known BlackRock (which it'll overtake next year probably). Its founder John Bogle had more than a dozen heart attacks first starting in his 30s, ran through five pace makers and had two heart transplants the second well into his 80s, and still only died last year at the ripe age of 90. These fucking creatures don't die.

Mirth

What was wrong with Bogle? As far as I know they mainly preach investing in index funds rather than the more wildly speculative BlackRock.

Gazza M

Bogle is considered the forefather of index funds. He's relatively low on the vulture capitalist villain scale

Klaus

Qwiss

So a sleazy billionaire with a media empire who abuses women wants to be president, feel like I've heard this one before.

jones

Mirth wrote:
What was wrong with Bogle? As far as I know they mainly preach investing in index funds rather than the more wildly speculative BlackRock.

There's a whole lot wrong with Vanguard. Leaving aside the massive dangers their ridiculous size alone poses they're also one of the biggest lenders for short sales. They're one of the three biggest shareholders of Raytheon, Northop Grumman, Lockheed Martin Boeing literally any American bomb and arms producer you could think of. They're also the world's largest private financiers of nuclear weapons producers.

Also I'm not nearly as cool with index funds as you or Gazza seem to be but that's for macroeconomic reasons which would go too far for now. I do think it's funny though that a company that prides itself on thinking long term writes this on its website

Investment strategy SRI
The Fund employs a passive management or indexing investment strategy designed to achieve the performance of the index, by investing in all, or a representative sample of, index securities that satisfy the application of a screening process for socially responsible investing. The Fund will not hold stocks of companies in the index that do not meet specific “socially responsible” criteria.

And then they proceed to offer two such socially responsible funds out of a total of 409 on offer.

Gazza M

Qwiss! wrote:
So a sleazy billionaire with a media empire who abuses women wants to be president, feel like I've heard this one before.

There's a hilarious hypocrisy brewing if mainstream democrats actually stump for this guy. Would truly be a mask off moment

Klaus

Qwiss! wrote:
So a sleazy billionaire with a media empire who abuses women wants to be president, feel like I've heard this one before.

I guess the biggest difference is that the republican party opposed Trump at this stage four years ago, while Tom Perez and Nancy Pelosi openly lobby for Bloomberg because they can't stand the idea of electing a president that champions people who aren't wealthy.

Gazza M

Well they've set out their stall to frame bernie as a left wing trump with his own army of online bigots at his beck and call. Co-signing Bloomberg at this point would probably seem perfectly rational

Gazza M

Please let this story about buttigiegs campaign manager posing as a Nigerian butti supporter on twitter be true. Would be such a fitting way to torpedoe his campaign

mdgoonah41

Gazza M wrote:
Please let this story about buttigiegs campaign manager posing as a Nigerian butti supporter on twitter be true. Would be such a fitting way to torpedoe his campaign

i cant wait for him to go away. hes an incredibly deluded shithead

Burnwinter

Gazza M wrote:
Please let this story about buttigiegs campaign manager posing as a Nigerian butti supporter on twitter be true. Would be such a fitting way to torpedoe his campaign

Appears to have been convincingly debunked according to the reports I've seen (he's just a weirdo, not a sock puppet).

arsedocmd

😆 nytimes endorsed her.

Burnwinter

Disgraceful.

jones

How do you not know ffs 😆

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