@RichNeal92
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This is a completely reasonable position and I align with this sentiment. We have to figure out a workable solution. Our govt has been working against us for years enriching elites and politicians and pilfering public funds. We need to get angry with those systems and “leaders” because they are the issue. They need to be removed and we have to renegotiate the social contract between generations. We will not double our taxes for your retirement though just as you will not help us with student loans, wage growth or affordability.
In boomer's defense, they paid into a government forced ponzi scheme their whole lives and are the first generation who is going to be left holding the bag. Social security is my boomer mother's only means of retirement. If they pull that, she will have almost zero retirement money and will have to work until she dies.
I don't know what the solution is. I don't think taxing the younger generations more is it. But I can also see why boomers would be scared at the prospect of losing their retirement.
Honestly, our anger should be at the government who has wasted our money on foreign wars and corruption for the last 50 years not at our parents.
Richard Neal retweeted
Total spending on Medicaid in NC will exceed $41 billion this year - an increase of 93% in just four years.
#ncpol
Richard Neal retweeted
Madam,
We paid in, in my case for 60 years, but the money is gone.
SSI must be considered against all entitlement liabilities.
These promises are unserviceable.
We need to stop lying .
Richard Neal retweeted
JUST IN: Former Wall Street banker and whistleblower Simon Andriesz, who exposed Commerce Secretary Howard Lutnick's links to Jeffrey Epstein has died by suicide.
Richard Neal retweeted
$50,000 cars. Half-million-dollar starter homes. Thousands a month for health insurance.
This is why Gen Z is desperate enough to try “democratic socialism”
Richard Neal retweeted
Anyone who thinks China is not diversifying its heavy trucks away from diesel and toward EVs powered predominantly by a domestic thermal-coal electric grid is uninformed.
EVs in China are not a green strategy. They are a strategy to reduce China’s dependence on imported crude oil and natural gas.
Richard Neal retweeted
Bill Burr: “Capitalism is a great thing if it’s regulated and they started deregulating it in the early 80’s and that’s how we ended up where we’re at. This new way of doing business where you come up with something and you just close the door behind it, nobody else is making money in this sector of business except for me. It’s out of control. You can tell it’s a monopoly when they don’t give a fuck. It used to be where all you had was your reputation, quality of your product, and how you treated your customers. Live Nation are internally sending emails laughing about how much they’re fucking over people. Why would you guys be joking about that?”
Richard Neal retweeted
LL: Yes it could Mr. President.
Saying the quiet part out loud. And you don't think gold and bitcoin are going to moon?
A CNN investigation has found that while Jared Kushner acted as a key Middle East peace negotiator, his private equity firm held the largest stake in an Israeli company backing businesses tied to Israel's military campaign in Gaza, including its largest arms manufacturer. cnn.it/4y0xe5x
For 32 years, American workers had a simple deal: work harder, get paid more. From 1947 to 1979, productivity rose 119% and compensation rose 100%. Then the deal broke, from 1979 to 2009, productivity climbed another 80%, but compensation grew just 8% and wages only 7%. Same workers, more output, almost no raise.
So where did the gains go? To the people who owned the machines, the capital, the equity, not the people running them. I spent 25 years in enterprise, including at Google, and watched this play out in real time. Every efficiency gain, every new system, the value flowed up to shareholders.
Now AI is arriving, the biggest productivity leap since electricity, maybe bigger. If an 80% productivity gain gave workers just 8%, what happens when AI doubles output again? The lesson is brutal but simple. Productivity doesn't make you rich, ownership does. Your salary is tied to your time, capital is tied to growth.
So don't just use AI to work faster, use it to own something: a stake, a product, a portfolio, a piece of the upside. The gap on this chart won't close by itself, it will widen. Pick your side.
Incentives matter
Ben Affleck admits to forcing actors and crew members to work for completely free, claiming it’s the only way to make them "give a s**t" about their jobs
"We just started this film fund for independent theatrical films, part of the ethos was like, 'Okay, you're not going to get your upfront money, but you're going to be treated... you're an investor in the movie itself'"
"In a way that's connected on the cap sheet to the movie. 'We'll give you some fake bonus' or whatever. You are an investor"
"Which means if nobody sees the movie, you don't get anything. But it means if the movie makes $100 million and it cost us 10, well, you got half of the upside"
"To me, it just makes sense, it aligns the people, everybody sitting around there on that day doing that job, they'd want this episode to be as good as it could be"
"Because everybody's salary is connected to that, which I found is the simplest way to get people to give a s*** about something"
Richard Neal retweeted
You put your money in a savings account & get paid 0.37% interest, according to FDIC data.
The bank can then put your cash at the Fed & get paid 4%.
Bank lobbyists have blocked the bill to let you cut out the middle man & put your cash at the Fed.
This is called "capitalism."
Richard Neal retweeted
So the US military put Ebola into airborne particles so animals could be infected by inhaling air. Vaxxed animals got hurt by inhalable Ebola worse than unvaxxed ones. Tony Fauci blows up, saying it all should have been classified to not undermine vaccine confidence.
Fauci diary reveals alarm that U.S. had aerosolized Ebola virus: ‘Never should have been done’ justthenews.com/government/c…
Richard Neal retweeted
Our Fort Mill Schools operating budget has gone up 53% over the last five years, while enrollment has gone up only about 3% over a similar time period.
To justify this, they will immediately jump to blasting about Act 388.
Act 388 sounds confusing. It makes the average person feel a little in over their head, and next thing you know, people are nodding along while the establishment explains that they HAVE to raise taxes locally because Fort Mill receives less funding from the state.
…which would make a lot more sense if expenses were staying roughly the same or increasing somewhere in line with enrollment.
But they’re not.
That is the trick: they focus entirely on where the money is coming from and hope nobody asks why we are spending so much more in the first place.
And if you know enough to push back on that argument, they immediately jump to accusing you of hating schools, children, or teachers.
Sigh.
THE MONEY COMES FROM SOMEONE’S POCKET.
We are putting more and more pressure on families, homeowners, and small businesses, while spending continues to skyrocket.
And on November 3 in Fort Mill, voters have a chance to do something about it.
Choose your four wisely.
Richard Neal retweeted
🚨 CHINA IS PUTTING THE YUAN ON A DE FACTO GOLD STANDARD
China is letting countries convert yuan straight into physical gold. Russia’s bilateral trade has already pushed ~100 tonnes of gold through Hong Kong into China’s circuit in just the first few months.
BRICS are now rolling out new payment alternative to SWIFT on this settlement system.
China just dumped Treasuries from 28.2% → 6.8%.
Gold pile: 1,054 → 2,387 tons: 22 MONTHS STRAIGHT of buying.
They’re not “diversifying.” They’re building the off-ramp:
• Hong Kong gold clearing hooked to Shanghai
• Yuan settlement → convert to physical gold
• Vaults + futures + payment rails so countries NEVER have to touch dollars again
Trade with China in yuan. Skip SWIFT. Pay or Get paid in gold.
Every extra month this runs, more oil, more commodities, more settlement happens OFF the dollar stack.
The dollar doesn’t need a crash. It just needs to lose the monopoly, trade by trade.
Gold has now surpassed the dollar as global reserve asset held by nations.
When that circuit scales, Treasuries lose their captive buyer, rates stay higher for longer, and the “safe asset” premium starts leaking.
CHINA ISN’T ABANDONING THE DOLLAR. IT’S REPLACING IT WITH GOLD, ONE TRADE AT A TIME
In 5 years people will call this chart the last flashing warning sign.
Richard Neal retweeted
Let’s see what $100,000 a year actually looks like for a family of four.
After federal income and payroll taxes: $7,425/month
Monthly expenses:
🏠 $420K house, 7% down mortgage, property tax, insurance & PMI: $3,300
🥦 Groceries (no eating out): $1,100
🚗 Two cars payments, gas, insurance & maintenance: $1,650
🏥 Family health insurance + basic medical costs: $750
💡 Utilities, internet & phones: $500
👕 Clothing, toiletries & household basics: $300
🔧 Home maintenance: $300
Take-home: $7,425
Expenses: $7,900
They’re $475 short every month.
And before the smartasses show up, I purposely made this conservative in every possible way.
No California. No New York. No proximity to a major city. No expensive neighborhood. No luxury cars.
There’s also no eating out, no vacations, no daycare, no kids’ sports or activities, no student loans, no college savings, no entertainment budget and no serious retirement savings.
This is about as basic as I could make it.
A family making $100,000 a year is already coming up short, unless we push that to $120k a year, and we start having a tad extra money.
Make what you will of this equation, there are many ways we can take this.
Some will say easy, others will say hard.