leftofthat [he/him]

  • 7 Posts
  • 126 Comments
Joined 4 years ago
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Cake day: August 18th, 2020

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  • Damn those are some bleak options, yeah. Almost like the US is a capitalist hellscape or something.

    “Join us or perish” is what they seem to be signaling, yeah.

    Apparently you see that as only having two choices and are going with “join them,” which is fine I’m not your morality coach. I’m certainly not asking you to sit down and die.

    You can rationalize it all you want. That you have no choice but to participate. I hear it all the time from people telling me to vote for Biden.


  • I addressed pensions in my initial comment.

    Most pension funds have a similar issue in that they are investing in rent seeking etc. But unlike 401ks, pensions carry with them significant political power than can influence where the money is going. This is (imo) why they are being gutted in favor of individual 401k accounts.

    Unions and pensions can be powerful tools. They’re being replaced by Independent Contractors and 401ks.

    If a pension fund looks identical to a 401k index fund then yeah I’d have the same opinion.