Yes. Unfortunately the pension funds were set to have a bad time, and mutual funds and other retail investment vehicles were as well; in order to “save” the average person, QE was implemented and had a convenient side effect. But really, nobody truly knew what the reaction would be. It was all novel.

Nice write up. @LadyButterfly@reddthat.com

China decided to end their dependence on foreign fossil fuels.

The USA decided to double down on oil.

“It went to the billionaires” is the short version.

“Open source code means you have the entire globe of developers collaborating to detect and repair those vulnerabilities.”

Heartbleed has entered the chat

Income tax rates go up like this (purely example) 0-20000 - 10% 20-40000 - 15 40-80000 - 20 80-100000 - 30 100-150000 - 40 150000+ 45%

If you make 75000 in this example, you’re taxed 10% on the first 20k, then 15% on the next 20k, then 20% on the remaining 15k, so 2000 + 3000 + 4500.

Lowering the top rate of income tax means that the people who earn more than whatever the limit is (150k in this example) pay less tax. Generally, the consensus is that the rates should shift to the higher income rather than the other way around.

Quantitative easing is the government buying up bonds to support their value. If everyone stops paying their mortgage, the economy tanks because the bonds that represent those mortgages go to zero. If the government promises to buy some them in spite of the zero value, the value is propped up. The people who benefit, by and large, are capitalists (those who make their money from already having lots of money ie wealthy). But it makes the cost of loaning money lower, so it becomes easier to get a loan, which combined with limited housing leads to an increase in sale prices of houses.

The money went to the budget deficit. Typically, a government takes on an amount of debt to effectively pay for today’s problems with tomorrow’s (devalued via inflation) currency, assuming that their interest rates are less than the rate of inflation. During the 2008 crisis, QE made the debt a problem for some people. Austerity measures are designed to catch up on the repayment of the debt.

The austerity measures disproportionately impacted the poorest households, while the wealthiest bore a much smaller burden. Spending cuts impacted the social security and public services the poor households rely on. The top rate of income tax was reduced, which left more money for the richest households. Quantitative easing shoved money into the financial system, which made loans easier to come by, which drove up prices of assets such as homes, which made those who owned them wealthier while those who didn’t own property are now unable to buy.

The UK can pay someone to make sure that farm shops have slate roofs, and an inspector to ensure 16 mile radius goods sold there, but won’t fund social housing or medical care. The rich get what they want, and the poor get fucked.

Because of Margaret Thatcher.

Are they complaining they can’t find people to work a split shift, milking and feeding? Automated milking parlours are a thing. Automated feed, water. Just check on them daily.

But nobody wants a zero hour contract with an average of 1hr a day to do that, so is that what they’re complaining about?

But the republicans are in power and have campaigned for years on a clear platform to support capitalists and not the working class.

In 2019, 6 percent of NSW burned. 3 billion terrestrial vertebrates are estimated to have been killed. There were fires in Canada’s west didn’t go out last winter. They pretty much always do. Huge sections of central Canada are on fire; the smoke is reaching flans Finland.

It’s only going to get worse.

I believe you’ve misunderstood me. I am fully pro-vaccine.

The spin is that the government is unjustified in the restrictions on recreational activities, similar to how it was unjustified in the restrictions during the early days of the COVID-19 pandemic, or requiring vaccinations, etc.

Just a reminder that the Western Standard is a right wing source with accuracy and credibility aspiring to that of Fox Entertainment.

I run my mortar and pestle through the dishwasher. It’s glazed stoneware, and is virtually non porous. Molcajete are an exception, but there’s not much good to be gained by having old spice and herb residue in cooking gear.

Soap and water. It’s cast iron, not silk.

I hate the local ISP who hands out “free range extenders” as a promo. They all broadcast at 100% and use 80mhz channels. I pick up something like 150 networks in my house, which is just ridiculous.

Then add in the garbage chip in my laptop… ugh. Channel sharing can’t come too soon.

Agree. Never have received tamper evident packaging from a pharmacy. what’s the point? They’re filled in front of me and handed to me.

I get 120 days worth of meds at a time. A paper bag would be destroyed.

But the option would be good, so that I can reuse the bottle.

It is not uncommon for employers to retain ownership of the material you produce, though it sounds like they’re expecting you may have a portfolio for the work you’re in. Explain the situation to the hiring manager.