Meme Thursday: Give your life for capitalism, commie!

I'm going with a theme today. And that theme is "How much do you love capitalism?"

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That article leads us directly to this one, just five years later.

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Of course America is not be outdone.

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And then there is our dystopian future that we can all look forward to.

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Won't someone think about the poor landlords.

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It has become a rich excuse to shaft the poor.
Bottom line is all that matters to the folks in charge is
if they get richer by destroying earth and the inhabitants
so much the bettor. Bet your a**. Making out like bandits.

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8 users have voted.

@QMS You and I will be employed as Real-Life NPCs in a wealthy persons video game. That's our "hopeful future". Hopefully.

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@gjohnsit

than you and I. Not sure what an NPC is
but luck and video games have little in
common. Not my idea of gainful employment.

thanks for posting!

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Lily O Lady's picture

@QMS
Non Player Character

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"The object of persecution is persecution. The object of torture is torture. The object of power is power. Now do you begin to understand me?" ~Orwell, "1984"

@Lily O Lady

but still don't quite get the non player character
but then, I'm not a gamer.
thanks!

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Lily O Lady's picture

youth in Asia (specifically China) but approve of euthanasia.

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"The object of persecution is persecution. The object of torture is torture. The object of power is power. Now do you begin to understand me?" ~Orwell, "1984"

are the 'mom and pop' level ones that often have (real) sweat equity in a modest number of properties, not the mega-players:

Blackstone Prepares A Record $50 Billion To Snap Up Real Estate During The Coming Crash

BY TYLER DURDEN

The past two months have seen a barrage of negative news coverage focusing on the US housing market...

Is The Housing Crash Starting?

Why The Housing Bubble Bust Is Baked-In

The One Housing Chart That Shows A 'Buyer's Market' Has Returned

As Mortgage Rates Explode Price Cuts Soar And Buyer Demand Collapses

Housing Market Peaks: Home Prices Finally Drop From All-Time Highs

... which is predictable: after all, with mortgage rates soaring at the fastest pace on record to decade highs, and sending US housing affordability to the lowest in history...

Alas, it also means that just like in 2007, a housing crash is now just a matter of time.

That much is known. What is also know, is that once housing craters, the largest US residential and commercial landlord - private equity giant Blackstone - is about to get even bigger. That's when it will deploy some (or all) of the record $50 billion in dry powder it has raised to prepare for just the coming housing crash.

According to the WSJ, Blackstone is the final stages of raising a new real-estate fund that would set a record as the biggest vehicle of its kind, defying market volatility and a crowded landscape for fundraising.

The private-equity giant said in a regulatory filing Wednesday it has closed on commitments totaling $24.1 billion for Blackstone Real Estate Partners X, the latest iteration of its main real-estate fund.

According to the WSJ, Blackstone is committing about $300 million of its own capital and has allocated an additional $5.9 billion to investors, which will bring the fund to $30.3 billion when it is finalized. The firm raised the fund, expected to be the largest traditional private-equity vehicle in history, in just three month. It was also Blackstone that set the prior record, with the $26 billion buyout fund it raised in 2019. The new real-estate fund will be 50% larger than its predecessor, a $20.5 billion pool raised in 2019.

Together with funds dedicated to real estate in Asia and Europe, Blackstone will have a war chest of more than $50 billion to do so-called opportunistic investments, which tend to be higher-risk deals with the potential for higher returns.

That, according to the WSJ, "could allow the firm to take advantage of a downturn in the public markets." Translation: at a time when Americans are liquidating their housing en masse to shore up liquidity when the bottom falls out from the economy, Blackstone will step in and buy all the distressed properties at pennies on the dollar, becoming an even bigger presence in US, and global, real estate.

source: ZeroHedge

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snoopydawg's picture

Link

Raising the retirement age shortens the time gap between retirement and death during which a non-working person may need support. Assisted suicide, late term pregnancy termination, and end of life protocols that hasten death by sedation and withdrawal of all care are already widely available to take out those who are not wanted , those who no longer want to live (assisted suicide), and to rapidly end the lives of those whose remaining time is limited and/or too expensive to entertain supporting.

The value for human life has been totally lost when we consider the callous careless cruelty of imposing an untested, novel product on much of the world’s population, and then dismissing claims of injuries, disability, and death; leaving victims to cope however they can. A recent FOI request regarding Philhealth compensation claims for Covid-19 Vaccine Injury admitted 69 claims, with 25 for payment! This is despite more than 105,000 reports of injuries admitted by the FDA in their last report, issued more than a month ago on 6th of August (with 2 overdue bi-monthly reports still pending)!

This was discussed in 2014.

Current debates on end-of-life sedation: an international expert elicitation study

Purpose: End-of-life sedation, though increasingly prevalent and widespread internationally, remains one of the most highly debated medical practices in the context of palliative medicine. This qualitative study aims to elicit and record the perspectives of leading international palliative care experts on current debates.

Increasing debate on whether it’s acceptable to euthanize the elderly, disabled, terminally ill or just old people who no longer add anything of value to society? Just who started the debate? Was it family members who were tired of watching their inheritance being eaten up by nursing home fees or maybe people in government who were watching how old people on Medicaid were draining the funds?

I think if people with terminal illness want to exit the scene because they are tired of the endless pain want to exit early that should be their decision. But it’s a damn slippery slope when anyone else is involved in the decision and especially the government. Unfortunately I’ve never had a dawg that has died a natural death and I’ve always been comfortable when I made the decision to let them go instead of suffering until they did. It was heartbreaking, but once we start doing it to people…I’m just not okay with it.

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It is not until the tide goes out that you discover who has been swimming naked.

Proud election denier

@snoopydawg

If one must go, make it painless. Says so right in my health care proxy and living will.
Now about that clause in the life insurance policy ...
perhaps it is just terminology (pun intended) about assisted suicide and otherwise?

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on the rationale that it is easier/cheaper than eliminating poverty is due to capitalism, might we not expect its being pushed in say, Texas or Florida rather than woke/progressive Canada?

Not that there aren't more than a few Canadians that have their priorities straight:

https://citizenfreepress.com/column-1/canadian-lumberjack-knows-the-score/

(cowboy, actually, but not worth quibbling over)

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usefewersyllables's picture

(with a capital C) when euthanasia is A) legal everywhere, B) available on every streetcorner, C) heavily advertised as being the only way out, and D) actually obtaining it requires that you first liquidate all your assets and hand over every dime you can dig up.

*That* will be the final development of Capitalism-As-A-Service.

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Twice bitten, permanently shy.

@usefewersyllables

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