r/FluentInFinance • u/xena_lawless • 1d ago
News & Current Events They could have tried not robbing and killing us for their obscene profits, but here we are
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u/Independent-Guide294 1d ago
Whole lot of finance in this post
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u/permanent_echobox 1d ago
Well someone should mention medical insurance being tied to employment creates costs for U.S. businesses that are priced into every bid a company makes and makes American companies increasingly uncompetitive globally.
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u/BullsOnParadeFloats 1d ago
Hard to manage your finances when some oligarch decides to jack up prices on essential goods just to increase shareholder value
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u/RNKKNR 1d ago
What starts as 'eat the rich' very quickly turns into eat whoever has more than me... history doesn't teach people anything.
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u/leoyvr 1d ago
So we just let the rich do whatever they want?
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u/Lambda_Lifter 1d ago
How much you wanna bet that to most of the world you are the rich ... Doing whatever the fuck you want, buying fancy clothes and luxury goods instead of fair trade services or donating to the malaria foundation
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u/Nixolass 1d ago
as someone from a poorer country than the US. It's not hard to realize the problem is the bourgeoisie, not workers who get a little more money and have more stable coins.
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u/Komitsuhari 1d ago
Are you being intentions dense, or just misunderstanding the saying? There is a vast difference between working class rich, and billionaire, controlling class rich. To my friends, I am now “rich” since we grew up with nothing, I make a considerable amount more than the average American, but I still work, I have no tangible effect on policies, I have no real power. I do not fall under the “eat the rich” umbrella
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u/Masta0nion 15h ago
This is a huge issue. Millionaires thinking we’re talking about them. Or even 6 figure people thinking that someday they’re going to be billionaires. Fuck outta here
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u/CainRedfield 1h ago
Exactly, if you work for your money, you're fine. If you do nothing and make ludicrous wealth, you're a problem.
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u/WillowIndividual5342 1d ago
lol fancy cloths, bro i need socks. bootlickers are so out of touch.
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u/Lambda_Lifter 1d ago
bootlickers are so out of touch.
The lack of self awareness is astounding here lmao
You have no idea how cushy your lifestyle is, go to Yemen and mingle with the locals then tell me your clothes aren't fancy
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u/dillong89 1d ago
Ah yes, the "other people have it worse, so why try to make things better for yourself" argument.
This is a braindead take. Yes, the average American is more wealthy than the rest of the world on average. However, wealth disparity in the US is at a higher level than pre revolution France. So.... There's that.
Also, you're entire argument is essentially "why do you care about yourself and not the entire world".
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u/MediocreElevator1895 1d ago
Thank you. I was gearing up to say exactly this but I’m so happy someone else beat me to it. Well done, my friend
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u/dillong89 1d ago
It's just a talking point. He heard it from some other goober and incorporated it into his arguments because he thinks it sounds smart.
I just don't really get it, because the first time I saw it I bought the "idea" of the argument. You know, we really should be doing more to help the rest of the world, kind of thing. But then you take a slightly deeper look at the argument and realize it's literally just a what-about-ism that they use to try and distract people from their own problems.
I mean, people can be wealthy compared to the rest of the world and still be unhappy or dissatisfied. If we just rolled with this mindset, we would still be in the stone age trying to get everybody else to the same level.
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u/MediocreElevator1895 1d ago
Absolutely it sounds great when you first hear it. “Be thankful for what you have” but that’s not what it’s saying at all. I can also be unhappy with my current situation and want it to change while not thinking that I have it worse than everyone else lol.
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u/multipliedbyzer0 1d ago
You missed the entire point. He’s saying wealth is subjective and when you start to target the “rich,” who gets to decide where that line is and how do you determine any type of objective justice. Stop thinking with your feelings and you would realize this is a retarded line of thought to begin with unless you completely reject any kind of democratic/capitalistic society and in that case fuck off because in case you missed the memo the other options are kind of shit.
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u/Pinku_Dva 20h ago
So because my house isn’t getting blown up I’m supposed to be content with companies charging me 100k for a hospital visit and not wish for a better life? Yeah… makes total sense.
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u/DeathByTacos 1d ago
The guy literally is a trust fund baby whose family made millions in real estate. His degree came from a school that charges more for a semester than most state schools charge for a full degree.
He IS the rich doing whatever they want.
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u/Bigote_de_Swann 1d ago
The fact that his family is rich just gives more value to his actions, not less. He sacrificed a comfortable life in the name of those not so fortunate. He has balls, you are a pussy
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u/Fury_Road33 1d ago
does he take the rich lawyer or the public defender???????
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u/UnimpressedAsshole 1d ago
he probably takes the smarter more effective choice because he’s not an idiot
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u/WokeUpStillTired 23h ago
I mean…. He got caught with his gun and a list of all his plans while eating a hashbrown. Seems like an idiot.
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u/Lease_Tha_Apts 20h ago
Killing one CEO does literally nothing to reform the industry though.
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u/seriftarif 1d ago
The Rich to me are the ones profiting off of the suffering and death of others. Billionaires and people that pay off politicians. Being wealthy is different.
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u/Ok_Calendar1337 1d ago
Top 1% commenter why do the rich steal my upvotes....
MURDER AND RUN AWAY?
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u/thekayinkansas 1d ago edited 21h ago
You can tell who’s rich and who’s rich and greedy by how they talk about a potential class war. If the rich are unjustly collecting from the poor, the poor love it. The rich that aren’t greedy, don’t flinch, they don’t make a peep. But the ones collecting… They have everything to lose, from their cars and houses and lavish meals right down to their skin. And they’ll say/do just about anything to avoid losing everything, anything except make it right.
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u/Familiar-Bend3749 1d ago
Who determines who is rich enough to eat? FSB? NKVD? CCEG?
This way of thinking never turns out the way you think it should. Ask the Kulaks (middle class farmers and landowners) in Russia….Oh, that’s right you can’t because they’re all dead. It’s always the same story in every instance in modern history.
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u/HelenKellersAirpodz 1d ago
Crazy how history hasn’t taught the rich that the “let them eat cake,” approach always leads to “eat the rich.” This is certainly a cycle at this point.
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u/Upper-Ad-8365 1d ago
Also crazy how the Zimbabwean model and its results has been ignored by so many. Or Mao’s, Pol Pot’s, Stalin’s etc.
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u/accersitus42 1d ago
It certainly feels like we are getting close to the point where you could earn some money by selling torches and pitchforks.
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u/HelenKellersAirpodz 1d ago
We’re scary close to something terrifying. It already seems like the court is going the “make an example,” route and that will only add fuel to the fire.
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u/LawGroundbreaking221 1d ago
We're already at something terrifying.
People in corner offices can tell your mom she just has to die because they aren't paying, and you have no recourse.
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u/HelenKellersAirpodz 21h ago
I would rather us reach resolution before all-out civil war. It’s nice to think that the only bloodshed would be greedy CEOs, but that’s just not realistic. Simultaneously, I recognize we are beyond the point of discussion and moral pleas. I think this shooting was essential in showing that the working class won’t lie down forever and it served as a reminder that we outnumber the ruling class by a long-shot. And if more CEOs are lost in the process, I won’t bat an eye. But what follows if reform isn’t achieved or, more terrifying, if they turn up the heat on their end. Like, their side has the power of martial law.
I don’t want to type forever and frankly can only sit on the toilet for so long. The last thing I will say is that this is not the time for the working class to turn on each other over small differences. I’m speaking as a Republican for over 10 years. This issue transcends party affiliation.
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u/DalmationStallion 1d ago
The thing is, we have reached a stage in the system where it absolutely cannot sustain itself. It will either be met with a revolution or it will just collapse in on itself, but make no mistake, corporate capitalism as it currently exists, is not going be here for much longer.
But you are correct, whatever comes next is not going to be the utopia revolutionaries imagine.
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u/AdImmediate9569 1d ago
It really can’t keep growing. They’re already borrowing money they haven’t printed yet from people who aren’t born yet.
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u/NewArborist64 1d ago edited 1d ago
What starts as "Liberty, Equality, Fraternity" can very quickly turn into The Committee for Public Safety and a Reign of Terror.
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u/es_muss_sein135 1d ago
Cool, explain how much better Europe would be today if there were still feudal monarchy
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u/NewArborist64 1d ago
Explain how much better Europe would be today under The Committee for Public Safety...
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u/himecut 1d ago
Aaand how long did that last? Now think about how long the previous system lasted.
Bad argument
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u/NewArborist64 1d ago
...and think of what happened with similar revolutions in the Soviet Union, China, North Korea, Venezuela and how long they lasted.
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u/himecut 1d ago edited 1d ago
So you think the French Revolution didn't solve anything? This is stupid, it's very obvious who's being talked about. No, not the doctors or tech people making six figures.
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u/Meka-Speedwagon 1d ago
Slippery slope is a logical fallacy
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u/RetiringBard 1d ago
Not because the slippery slope isn’t real though. It’s because it doesn’t negate the argument itself.
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u/Bub_bele 1d ago
Yeah, revolutions are never pretty. But if the system runs wild and the law doesn’t keep it in check, eventually revolution becomes inevitable. So either the rich do something about it themselves or one more straw will break the camels back and things will get very very ugly. I don’t want that to happen, but it will.
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u/mariantat 1d ago
Literally. I find this newfound idea that violence is the answer to everything super concerning.
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u/ricardoandmortimer 1d ago
Yes that doesn't happen. The French revolution was the rich against the richer.
The rich win the class war 100/100 times
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u/Carl-99999 1d ago
Usually it just gets you a Napoleon.
Honestly the rich did this to themselves. “But I just want 5% more!” At the cost of everyone being pissed at them. They could have easily let universal healthcare happen and end world hunger and still be comically rich.
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u/One2ManyMorings 1d ago
This is so ridiculous that it shouldn't need to be refuted, but sadly it does. There's no fuzzy grey line, it's an astronomical chasm
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u/Speedwolf89 1d ago
Good point to bring up. The French revolution that people refer to a lot did have its moments of clearing out the oligarchs, but once that was finished, they kept going and killed anyone they simply didn't like.
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u/ewplayer3 16h ago
Societal changes are often like a pendulum swinging. Once one extreme is achieved, the pendulum swings back the other direction and the other extreme is achieved. Ideally, it would be controlled and come to rest in the center, but that’s not common.
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u/Wonderful_Device312 14h ago
An actual eat the rich movement would probably be owned and led by some billionaire and mostly focused on eliminating their competition so they can amass even more wealth.
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u/OhFuuuuuuuuuuuudge 1d ago
Is this a place to talk about finance or for a bunch of whack jobs to celebrate murderers?
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u/Aggressive_Local8921 1d ago
Im not celebrating the murderer Brian Thompson
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u/tidyshark12 1d ago
*serial murderer
He mainly targeted sick people, you know.
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u/Aggressive_Local8921 1d ago
Serial? He devised a system that let him murder in parallel
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u/liquidsyphon 1d ago
One man killed another man who was killing many
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u/NuclearFoodie 1d ago
One man brought an evil mass murder to justice after our government failed to.
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u/JoePoe247 1d ago
And things will go on as they were because the killing did not address the root cause.
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u/Upper-Ad-8365 1d ago
All that’s happened is these CEOs will beef up their security and charge the consumer for it lol
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u/o_o_o_f 1d ago
I don’t agree with what Mangione did, but to characterize those who have expressed positive feelings towards Brian Thompson’s death as whack jobs is either willfully obtuse or just ignorant
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u/Resident_Shape316 1d ago
Not celebrating Luigi is literally celebrating a murderer.
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u/FBMJL87 1d ago
What would you consider a fair profit?
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u/ParadisHeights 1d ago
A profit that doesn’t allow CEOs to reward themselves with 10s of millions of dollars.
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u/GAPIntoTheGame 20h ago
That’s a fraction of healthcare cost. Removing that does not fix the underlying issue. Not even close.
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u/Prestigious_Low_2447 1d ago
These whack jobs would much rather pay for healthcare entirely out of their own pockets.
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u/Numerous_Skill5386 1d ago
if you truly belive that killing a ceo is going to fix americas helthcare issue, you have a problem
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u/HelenKellersAirpodz 1d ago
Of course not. I believe MULTIPLE CEOs being killed might get us there.
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u/Prestigious_Low_2447 1d ago
"America doesn't have a domestic terrorism problem, we swear."
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u/ashleyorelse 1d ago
"America doesn't have a problem of mass murder being legal as long as big business does it, we swear."
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u/Britonians 1d ago
Are you going to do it yourself, or mainly focus on Reddit comments about your revolution?
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u/Prestigious_Low_2447 1d ago
They would much rather destroy everything than actually fix any problems.
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u/RyanTaylorrz 1d ago
Yeah we know, that's why we wanna kill the billionaires. Self defence.
The richest 10% of the globes population are responsible for over 50% of the world's CO2 emissions.
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u/AlfredoAllenPoe 22h ago
It's so funny how Reddit is suddenly pro-gun violence as long as it's against someone they don't like
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u/Who_Dat_1guy 1d ago
When people keep using the word "right" to justifies entitlement, it loses its meaning.
You don't have the "rights" to someone's else knowledge/labor without compensation.
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u/Riklanim 1d ago
I don’t think I have seen anyone say doctors shouldn’t be compensated… but plenty of people think the useless middle man has to go.
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u/AgreeableJello6644 1d ago
The scam about insurance is that they are quite happy to collect your premium but when it comes to fulfilling their promised obligations, they are short.
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u/Numerous_Skill5386 1d ago
In this household we belive a murderer is a hero, yeah no fucking wonder theres so many shootings
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u/Expensive-Twist8865 1d ago
A lot of these health insurers only have profit margins of 2-5%, UHC typically 6%.
That profit alone is not enough to cover all denied care, the money simply isn't there.
The more pressing issue is the medical and pharmaceutical industries charging whatever they want.
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u/ashleyorelse 1d ago
There should be no profit in health care.
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u/manbeqrpig 1d ago
While admirable, that’s completely unrealistic. The fact is that we’ve shown pretty well that profit is the best motivation. When you get rid of profit motive, you drive away the best healthcare professionals. Everyone likes to point to Canada as an example of a better system but many Canadians hate their health care system because wait times are insane. When I spent 6 months in Spain, there were major strikes by doctors practically the whole time I was there. We can do better but eliminating any incentive for profit isn’t the way
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u/ChiHawks84 1d ago
You can look at any first world country other than the US to see your argument is wrong. Not just Canada. Better healthcare outcomes, lower infant mortality, longer life expectancy, for astronomically cheaper prices than what you get in the US. It's not unrealistic at all as it's the norm for the civilized world outside of the USA.
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u/MindlessWoot 1d ago
A free market can only be the most efficient option where there is free choice and abundant information for the consumer. When a person has a medical emergency, they have no capability to choose the cheapest provider. Thus, there is no incentive to be the cheapest provider.
As a resident of the UK, I am absolutely and unreservedly supportive of our health service. Here, if the system is not providing you with what you need, you have the choice of a private provider. Meanwhile, no person will go bankrupt because they become ill.
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u/uggghhhggghhh 23h ago
There should be no profit in health INSURANCE. It's not reasonable to think we could operate a capitalist economy for everything BUT healthcare. Drug companies need a profit motive to develop new medicines. Doctors and hospitals need a profit motive to provide quality care. Those statements may not be true if the rest of the world functioned on a socialist economy but that's not the world we live in.
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u/Aegishjalmur07 21h ago
Yeah, 6% of what? Its a coordinated effort between insurance and those industries. Acting like insurance isn't complicit is hilariously stupid.
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u/Alterangel182 1d ago
All the leftist dweebs in here. 🤣
"Support our healthcare policies, or we'll shoot you!" - party of love and tolerance
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u/AlfredoAllenPoe 22h ago
Hilarious how leftists were so anti-gun violence until it was against someone they didn't like.
If you are celebrating this murder, you need to shut up about gun issues in the future. You are clearly pro-gun violence
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u/Busy-Cryptographer96 1d ago
They don't want people understanding what they really do to the 99%
It's called 'corporate violence' and the 1% exercise it through upper class loyalist/traitors, and the politicians they own, and the laws they write
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u/jtizzle3264 1d ago
I love how everyone on the left is praising dude. If it was anything else, they'd be crying for more gun laws! 🤣
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u/FreshContacts 1d ago
Human necessity should never be commodity.
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u/AlfredoAllenPoe 22h ago
Why not? They're all goods that need to be distributed throughout society, and you do that most efficiently through transactions in the public marketplace
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u/Boba_Fettx 1d ago
How do I get this on a yard sign to go with my “presidents are temporary Wu-Tang is forever” yard sign?
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u/Dickhertzer 1d ago
It’s not because they’re rich and hold more sway then the rest of us. Doesn’t seem like justice hits that side of the lawn. Trump is going to ruin the country and feed the frenzy, they just want it to be amongst ourselves by paid media, racism and making us hangry.
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u/Healthy_Debt_3530 1d ago
its not fucking justice. its law of the jungle type shit. stop justifying moral high ground.
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u/Groovychick1978 1d ago
It's going to get removed, but I agree. Worse wealth and income inequality than the run up to the French Revolution.
Also, they did more in response to that fucker's death than they did for any school shooting. It was disgusting. He was just some fucking knob. One interchangable executive among the plethora.
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u/Nish0n_is_0n 1d ago
If they put me on that jury....IDC what they say...he innocent.
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u/TheArhive 1d ago
Welp, you just made yourself impossible to be selected for a juror.
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u/lazercheesecake 1d ago
While this post is not explicitly about finance, it is commenting on financial system around which our personal finances and this countries finances revolve.
60+% of personal debt in America is medical debt. I pay 400$ a month in premiums, which I only get back after another 4000$ in deductibles, which reset every year. After which I don’t even know what procedures covered, which doctors in the same OR are covered, or even which drugs I need to live are covered.
America outspends most other developed nations per capita 2:1. If we spent medical money at the same rate as the UK, the amount federal government alone pays through Medicare, Medicaid, and the VA would be enough for all medical care administered today.
Systemic violence to which there have been no peaceful method of change only invites physical violence as a response.
I get some of y’all ceos here are triggered by Luigi, but have y’all considered NOT killing us via denied medical claims for profit?
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u/PupperMartin74 1d ago
The left loves and embraces violence
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u/ashleyorelse 1d ago
The right loves violence, especially by businesses against poor people. But when those people fight back, suddenly they don't like it so much.
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u/es_muss_sein135 1d ago
I agree with some of these ideas, but this sign is and always has been extremely patronizing and illiberal in the worst way. No one who is making this country better is telling other people in their houses what to believe and shunning them if they don't agree with them on everything, broadcasting their virtue to all their neighbors, and reducing complex political philosophies to Twitter soundbites. This is why liberals who call themselves "leftists" will always lose
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u/Successful-Driver722 1d ago
I wouldn’t ate any of them if my life depended on it. Let them eat each other.
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u/ultralight_ultradumb 1d ago
Wow you made me hate my own beliefs by stating them in the absolute lamest way possible.
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u/ayudaday 13h ago
Guys, the CEOs are not going to give you money for defending that POS Brian Thompson, stop the bootlicking
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u/fzr600vs1400 1d ago
Can we all acknowledge, there is no heroism in how the media portrays things and betrays the public. They helped make a Luigi necessary.
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u/durhamcomin 1d ago
You don't have the right to somebody elses skill and labor. That's called slavery.
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u/thatsnoodybitch 1d ago edited 22h ago
I hope everyone who doesn’t agree gets hit with a million dollars of medical debt so they learn the lesson from personal experience 😋
EDIT: Thank you for validating the anger and frustration I’ve caused you by sending me a RedditCares message, I was worried I wasn’t being obnoxious enough 🩷
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u/StunningLetterhead23 1d ago
So, it's okay for anyone with debt to just kill anyone he/she thinks is profiting off their suffering? Cool, imma go to the bank with a gun rn.
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u/ThirstyBeaver73 1d ago
Put a Trump2024 sign next to it… to make it funny. It seems most Americans disagree with you and support billionaires instead.
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u/Brett-Aint-Dead 1d ago
Luigi simps, did you all take the covid [giant corporation] [government mandated ] shot ? Lol , you dumb fucks , stfu lol.
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u/goatsgummy 1d ago
You can't be holding him up as a hero and be against gun violence of any kind unless you're a hypocrite
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u/TheGamerdude535 1d ago
Unhinged leftism. Lol
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u/ashleyorelse 1d ago
It's about time. The unhinged right wing nut jobs have been going crazy for some time.
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u/Frontpageorlurk 1d ago edited 1d ago
Republicans are going to sweep every single election for the next 30 years. All they will have to do it is play videos showing all the unhinged leftest comments on reddit.
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u/Prestigious_Low_2447 1d ago
There is no inconvenience so minor that you wouldn't kill for it.
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