this post was submitted on 19 Jun 2026
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No, I understand. I’m saying I give zero shits about those people taking losses. If you have excess, and you’re expecting to be given more because of your excess, you’re just as culpable in Nazi bullshit when your money ends up invested in it. I don’t care if it requires more personal attention, it’s possible to have your money invested where it will do good, not where it will gain you the largest return at the expense of the planet.
Having a pension is excess?!
It is if you're still a highschool kid who thinks 50$ is a lot of money.
...you do realize that pensions and 401K's are what companies replaced actually paying their retired workers a living wage with so that they both didn't have to pay retirees and to forcibly inflate their own wealth with the wages of their workers, right?
If you work for a big enough company that they provide either of those two, a certain percentage of what you make every week is taken by the company and put into the stock market via index funds (like the NASDAQ, which nows invests your money into SpaceX) and sometimes their own stock without you ever having any say in the matter. It's not "excess", it's wage theft.
If you're investing in SpaceX directly, that's one thing and you deserve what you're going to get just like the people buying Teslas. But there's very little difference between this and billionaire bailouts on your tax dollars.