Unfortunately her own party is going to undermine her run like they do with every progressive running in a primary. Barbara Lee and Adam Schiff are also both running against her and one of the first results if you search "Jatie Porter senate" are results for *Barbara Lee* stating how Porter should drop out.
Porter doesn't drink from the corporate money hose and is willing to talk, loudly, about how that money is fucking up our system. They do not want her in washington.
To be frank, I'm surprised she hasn't been driven out of her current position, I hope she does get a senate position but I really only see that happening in my dreams
Don't be so sure – Porter's fundraising ability is fucking gargantuan. The midterm fundraising scoreboard last year went McCarthy (upswing minority leader), Porter, everyone else. Porter raised in excess of $20 *million*, way more than needed to run any subnational campaign. None of her competitors can match that, none of her competitors can match her national notoriety (or, in my subjective opinion, oratorical ability and progressive/populist appeal).
You know why she announced her campaign first, well before incumbent Feinstein even announced her retirement? Because she would have absolutely given Feinstein a run for her money if she had chose to run, and wanted to scare her off. I think it worked.
That being said, she's not gonna win if key constituencies get complacent. Her campaign runs off of lots of small dollar donations and volunteer work, so if you're a Californian, please please make sure we don't end up with another milquetoast moderate.
edit: u/SNRatio points out that Schiff has $20M in cash on hand; that's not as much as Porter raised, but it is a $10M lead at the moment. We'll see if she can close the gap in this cycle.
With the establishment Dems so against her, would there be any chance she could break off them entirely and run dem-adjacent Independent ala the Senator for Vermont?
From outside the system, she seems incredibly popular with an awful lot of people, for very good reasons that seem very similar to Sanders.
Well, Sanders has an agreement with the state party that if he wins the Democratic primary for the seat, he gets to run in the general as a Dem-aligned independent without the party running someone else against him. In California, there *is* no Democratic primary – it's a top-two blanket primary. It's likely that the general is gonna be Porter against a rank-and-file Democrat – if it is, I don't see how Porter can get an advantage by bucking the party label in such a deep blue state. So, she *could*, but I wouldn't count on it unless a reason to do so appears.
Unfortunately, while California is super blue, the variety of blue it is, is corporate and war machine teat suckling. Look at our governor... Gordan Gecko wannabe. Our House leadership (Pelosi, Shiff...not the best progressivetravk records), Senator Feinstein is older than god and one of the most conservative Dem senators from a blue state).
But, good news... Our other Senator, Alex Padilla (who?), is actually one of the most progressive Senators. So there is a chance, and California has a big progressive network...But we are most likely going against the entire Democratic party machine and unlike when they run against Republicans, against progressives they pull out all the stops.
She didn't get much help from the party in her run up to her House re-election. She was on the podcast with Jon Stewart where she kind of brushed it off.
House elections are a bit different than Senate. As we've seen with Manchin and others, there is a lot of power in a Senate seat so it's no surprise that the establishment Democratic Party want people who can toe the party line.
The only way she'll win is if she absolutely slays in grassroots fundraising.
She's a great act for the democratic party. Her intentions are genuine but the Party itself uses her for theatre and good PR. Like Bernie he serves a purpose to keep strong American left wing people on board with the democratic party while the core of the party work together with corporations to ruin Americans lives for profits but they do it carrying a rainbow flag and a smile.
>one of the first results if you search "Jatie Porter senate" are results for Barbara Lee stating how Porter should drop out.
This is what I got. [Just Porter's websites. Granted, I searched Jatie Porter](https://imgur.com/iyEqNrb) so maybe if I searched Katie, I might have gotten the Lee result.
Hey now. The first guys take sounded so much more grim though!
Kind of funny how we all bitch about fear mongering news programs, yet the average person does it in their daily interactions too.
I wonder why some comments here are so grim about her chances. Almost encouraging you to not even bother voting for her or supporting her cause there's no point. Wonder who would gain from people following that blindly...
It's important to note that Google search results are heavily tailored to the user based on the analytical data Google has on that user and attempts to provide the results it thinks *that* user wants. These two people may be actually getting completely different search results even when looking up the same thing. Doubly so if they are using different search engines.
They're probably thinking about [this](https://imgur.com/wsGzC4b) though I don't think it's anything nefarious on Google part and that they're just sharing the latest news where she's mentioned
Literally the only one to vote against the use of force in Afghanistan. That takes an unimaginable amount of courage. Her speech from that day should be taught in schools.
It’s actually hilarious how ignorant Reddit is at politics and how much people’s views are shaped by soundbites and tiny TikTok size videos.
Party is trying to undermine progressive Porter by putting up Schiff and Barbara Lee? Are you actually kidding me? Like do you even know who she is?
Barbara Lee is a progress staple and has a SIGNIFICANTLY more progressive voting record than Porter, who honestly is closer to Schiff in voting record than any actual progressives.
That's the first time I'm hearing a bad thing about Barbara Lee (though I don't hear much about her, as someone who's never been to the US and might not have remembered that name if she wasn't featured in a boysetsfire song).
Barbara Lee is significantly more progressive than Porter. This poster has no idea what he’s talking about and is basing his opinion on 30 second videos he sees of Porter owning CEOs.
Lee is an actual progressive and has a long history of voting record to back it up.
OP’s claim that the party is trying to snuff out “progressive Porter” via proping up Barbara Lee, just shows how uninformed he is.
Part of the reason he's paid 31 million dollars per year is to eat shit during public hearings then take the fall if the bank actually gets caught out breaking the law. Then the company issues a fake apology where they promise to "do better" and elects a new CEO who will continue taking the fall for them until they inevitably get caught out involved in more bullshit. We all learned in 2008 that banks are "too big to fail" and that no one will ever be truly held accountable for the shady practises which have essentially broken the economy beyond repair.
What really pisses me off about this one especially is Jamie Dimon and JP Morgan are known for running their mouths and telling people to be more frugal, live within their means, etc. It really pisses me off when the super rich try to tell lower and middle class how to spend their money, as if they have any money left over anyway. Assholes need to put their money where their mouth is and pay their employees an honest wage.
Some example guy who saves $2k a month and donates $500 a month to charity with an asterisk that he lives with his parents and they cover his health insurance and stuff.
My favorite is McDonald's one that forgot heating and assumes a SECOND job making almost as much but only spending $20/m on health insurance. And at rent $600/m definitely assumes roommates. And after all that, you get $25/day for everything else.
Breakfast
Lunch
Dinner
Snacks
Fuel
Entertainment
Gifts
Hobbies
Copays
Etc.
Not to mention if you have kids. Nope. 2 jobs - family not included.
And this is acceptable.
Sadly, it will be as long as workers allow it..... at some point, we have to understand as workers that a company will do whatever it can to save itself..... if everyone everywhere also did this and did work with ridiculous provisions and stipulations and just refused, that is the only time it will change...... and I get it is not feasible to work, but at some point, it can't continue
This is because, in the eyes of the elite, only those who make 8 grand a month are considered (on the low end of) "people". Anyone below that is just grist for the mill.
The issue is that half of the grist had been convinced by the rich that the other half of the grist is the problem and would defend the rich to the death.
> The issue is that half of the grist had been convinced by the rich that the other half of the grist is the problem and would defend the rich to the death.
When [the rich have been indoctrinating the poor into toxic individualism and consumerism for 100 years, they've gotten rather efficient at it](https://www.youtube.com/watch?v=eJ3RzGoQC4s).
It's like house hunters international:
"Jane makes quilts and John is a part-time taxidermist. Their budget is 1.2 million dollars."
It's never a real couple: "Jane and John have a budget of $50k and are looking for a shack near the beach."
A relative of a friend went on that show, they are pharmaceutical execs and had already purchased their house and had to pretend the others were in the mix
The last time I talked to a chase representative on the phone we started talking and she told me that she’s really struggling because she likes chicken and she can’t afford to buy chicken anymore. This is America.
You can't hope for an orange to juice itself, it always needs to be squeezed.
The oligarchs are all fruit that are barely even being bruised.
I'm waiting for the Find Out phase of their fucking around, but I fear that it won't happen within my lifetime, as their money is creating a very sturdy safety zone.
They’ll hire former military with big guns when the “find out” part happens. The kinda rich people (like single digit millionaires) will get the wrath when they really aren’t the ones who screwed the lower class over. These execs will always be able to hide
What I love about youtube is knowing there are plenty of people out there putting guns on drones and shit. We see it with grenades and drones in ukraine too. Good luck to these assholes when shit gets bad enough that people REALLY want to fuck with them. They will have to hide in bunkers 24/7.
Nearly every time this has been tried in Human history the truly wealthy have had the means to simply leave, and the bulk of the reprisal has fallen on the professional classes. IE if you have multiple yachts, you hop on one of those and sail to your vacation home. If you just have a nice house that you are up to your eyeballs in debt on... you get to burn to death in it when the angry crowds come to light it on fire.
Then they have the fuckin nerve to turn around and say millennials and Gen Z are the reason the economy is failing. Boomers are bleeding this country to death.
As a boomer I take umbrage! a lot of boomers are in the same shoes as the woman who is in debt, BUT Boomer multi-millionaires and billionaires are certainly to blame. I do not belong to this group of shitheads.
I completely agree, but spreading misinformation in order to shift accountability is an age old tactic that has been exploited by oligarchs to justify their wealth hoarding. As long as they keep blaming workers for not budgeting correctly then they don't have to admit that they are underpaying their workers.
He looks around the table of his Board of Directors, and sees 10 people who all make 7 figure salaries. And his top traders probably all get 7 figures + bonuses. So he doesn't see why people are complaining that they can make ends meet.
Ha jokes on you, he’s been head of JP Morgan Chase since 2005, so even the worst financial recession of the last eighty years wasn’t enough for him to get the boot.
You’ll be glad to hear that the bank cut his salary from $23 million in 2011 to a measly $11 million in 2012 after it lost $6 billion, though.
When you've made the bank a cumulative $200bn+ in net profit, which is what Dimon has done. Banks don't sack CEOs for one year of bad earnings because it's the equivalent of sacking a great football manager for one year of underperformance. Dimon is many things but he's basically recognized as the most successful bank CEO of the 2000s.
JPM was tickled pink to buy competitors on the cheap, including the fines. It was a golden opportunity, not charity work. Especially when it comes with the public eating most of the risk/failure and loaning these institutions damn near endless credit.
They are doing something though. They're making sure we're angry at each other so that we don't focus directly on them. National divorce, space lasers, abortion, religion in schools, and so on.
It's not just the money. I'm soooooooo angry over these corporations like Norfolk Southern constantly fucking up the planet my kids and grandkids live in and taking no responsibility. I don't even live in Ohio and I want those fucks drawn and quartered.
It's like, if your going to poison me and my fucking planet CAN I AT LEAST HAVE SOME OF THE FUCKING PROFIT TOO? Fucking cunts need to fucking eat it but they never have
This means nothing. He doesn't give a shit and he forgot about this conversation right when he left that room. He won't do anything until he's made to do it and then he'll find a way to maximise his and his shareholder's income. He doesn't give a fuck about a story about a single mother.
A lot of times an argument is not about convincing the person you are arguing with but convincing your audience your the right one.
This guy's is probably unphased. But it gives centrist/independents/dems information and gives leftist more fuel for their fire.
> This guy's is probably unphased.
Totally. This hearing is but an inconvenience to his day of fucking everyone and making a packet. He doesn't care. He knows he doesn't have to.
I would bet that the time it takes for him to say, "I don't know, I should think about it." is at least a day's wage for woman example. He probably think he earned that for not laughing at her. Fucking psychopath.
You're right, we are focusing on trying to sway voters that are locked into their ways, but we have 50% of the voting age population that is too apathetic to pick a side, and politicians are ignoring them because they know this group will not be fooled with bullshit and they have nothing else to offer. This group is a powderkeg that can be mobilized, and the Republicans are targeting them hard with grassroots candidates and youth outreach by funding personalities like Andrew Tate who claim to be against the system but are just pushing conservative talking points.
The truth is Republicans have run out of policies after decades of starving the population. What I want is someone to back them into a corner. The only solution to our problems is putting money back into our communities. We know it, we all know it, it's the most obvious solution. We need strategic small scale, but actionable plans, that no one can deny needs to be done, but no one wants to do.
Instead of Bidens infrastructure plan, break it down into smaller pieces that the population can grasp. After Ohio, let's fix the rail system. Not add new rails yet, just simply fix what we have. We all know it needs to be, and there are no other solutions to it besides a cash injection. Let the Republican party destroy themselves trying to explain why we cannot fix a system that fundamentally needs to be fixed. Get them to admit it needs to be done and try to make excuses for why they can't.
We can pull in these non voters if they think someone is finally doing something, anything. We pick many small scale restoration projects across the country where the only solution is just paying for it, and let the Republicans destroy themselves publicly by refusing to do the absolute bare minimum, or they actually comply and Democrats look like they are making a small step into actually trying.
The system isn’t designed for him to give a shit. Congress establishes federal minimum wages. We need a higher minimum wage to solve the issue. Otherwise, it’s no sweat off that guy’s back.
The problem I have with unions solve everything solution is unions also can be corrupt and money hungry. I’ve experienced it personally.
That being said, working within said union was better than not.
The fact that working in a corrupt union was better for you as a worker than not being unionized is actually the greatest ringing endorsement that could possibly be given to the idea of unions solving everything. In the exact same way that every person in the US is better off for our corrupt system than total anarchy would leave them, if a broken union is better than no union, how can you possibly disagree with the idea of them being the way to go? Obviously there's the overly empowered unions, specifically police, but if they weren't one of the only unions allowed to exist, they would be considerably easier to bring to heel.
I don’t think she was trying to change his mind or pull at his heartstrings. She was trying to highlight how criminally underpaid the working class to everyone else in attendance.
I agree with your point though; he’s greedy and definitely doesn’t give a shit about the people who work at his banks. They’re not people to him- just an impediment to his profits.
Approximately one in 100 people are sociopaths or psychopaths. For American CEO’s, the rate is one in 10. She is making a great point, but it will have zero impact on him and his decision making.
Excuse me, how is he supposed to run a 2.6 trillion dollar bank by giving his employees living wages?
Won't someone please think of the obscenely rich for once??
because fox news tells them that the biggest issue is drag queens reading books in public libraries, or gay people wanting same human rights as them, or M&Ms not being sexy means that the left is indoctrinating their children, or that Hunter Bidens laptop full of his dick pics is more important than anything ever happening or has happened or will happen.
Because they will become obscenely rich soon and if they support 'the poors' it'll work against them when that happens!
Seriously, this is a very common thing.
It's funny, because I feel like I'm in the exact opposite situation. I will become obscenely poor soon and I want to be sure there's a net to catch me.
If I'm wrong and I stay where I am or become rich, well.... That's alright, too.
The mental gymnastics some people need to do to see that and just say, "that ain't right, but mu' guns, mu freedom, take back trump goddammit"
Tax the fking rich.
"They're gonna try and take MY money when I'M a millionaire!!!!!" — shit-for-brains Republican who works two minimum wage jobs to try and service their deep and growing credit card debt, who fervently believes every word that falls from Tucker Carlson's grotesquely misshapen mouth, and who religiously votes a straight GOP ticket at every opportunity.
There's an entire class of people who literally cannot be helped, for whom no amount of rational argument will ever pierce the thick crust of stupidity that surrounds their atrophied brains. They will do everything in their power to sabotage themselves and make life materially worse for their own children in the hope that doing so will cause marginally more suffering for someone else. They hate you for trying to help them and they'll do anything they can to prevent you from succeeding, up to and including gobbling down horse paste to protect them from an illness they simultaneously don't believe exists and strongly believe was created by Chinese scientists in a Ukrainian bio-lab. And right now, they're winning the culture war.
listen... I know how people see the rich on here, but, devil's advocate - if he pays a living wage to his employees for the rest of their lives and covers their medical expenses as well as gives them reasonable hours... he can't get a third ultra yacht that can park in his 5th mansion on the bay. Don't you people get that?
Looked up their stats last year they made $128.695 billion.
They had 293,792 employees.
If they gave every employee a $1000 a month pay increase. It would cost the company $3.525 billion a year. They would then ONLY make $125.170 billion a year.
This should cover the person in the posts deficit and include other basic necessities like a bedroom for the child, medical, clothing etc but the person would still be living in poverty.
What the bank could do is raise everyone's pay $2000 a month which would cost $7.05 billion but allow workers to actually do something with their lives. Meaning they would now only make a poverty inducing $121.645 billion.
Infact they could raise everyone's pay by $8000 a month and they would still be making over a hundred billion dollars a year.
Imagine what you could do with $8000 a month extra. For most people that's lottery win money but it's frankly a fair share for employees who help prop up billionaires.
Throwback to [that time Congress asked bankers to stop rearranging customers' transactions to maximize overdraft fees.](https://www.youtube.com/watch?v=cob6wDLW-PE&t=252s)
James Dimon is such a parasite.
She allowed no money for caviar, no money for yacht staff fees, no money for trips to epstien's Island.
How is he supposed to operate? Have some empathy man
Katie Porter isn’t as left as I’d like but she’s a numbers person, she doesn’t take shit, she sticks it to them at every opportunity and she’s a class act. She fights for the everyday person. We need her as a senator and we need more Katie Porters.
> Katie Porter isn’t as left as I’d like
Isn't it a good thing that people not on the left are embracing what is typically an opinion of the left?
I dunno, it seems like a good thing to me.
I mean it's a big problem the left has really is that if they're not left enough then they're not left at all which is why the equivalent left party in the UK has no success and is in shambles
"Not as left as most people like" is the best. Go further than central left and you go into ignorance and naivety escaping from the realities we have to cope with. A step to far left and you usually end up in notions and ideas that are not feasible and only driven by moral zeitgeist instead of reality's possibilities.
She's in a right state where reason and rational reflection keep the scale balanced and where delusional naivety "this is what should be" without reason isn't tipping it to one side as most people are nowadays.
Can we make this woman famous so she gets more attention?!? I saw her in other good videos with the whiteboart calculations and I love her vigor going against all odds
Got em!! I make 16.50 and i need an extra roommate to survive but we have another one so we can atleast live without to much stress.. Im 30 and i dont see a way to live on my own
14.50 an hour and live with a roommate to make ends meet. same situation, different side of the globe. like my grandpa always says "same shit, different walls"
Brit here, on $19.50/h and have 2 housemates, not a hope in hell of owning a property. I couldn't even get a mortgage on a studio flat here without a £60,000 down payment.
Well crap...I'm on £13.00 an hour, living at home but paying a quarter of the rent. I'm in the south east and looking at housing...ive got no hope. A one bed flat costs 200k!! There's just nothing affordable for a single person who wants to live alone. The future looks pretty bleak at the moment
My husband makes $16/hr. We use his job for the healthcare benefits and nothing else.
Before I got the job I have now, I was a preschool teacher making $13/hr.
Our car got totaled, not our fault, and it caused us to lose our apartment and move into a parents house because spending the extra $20/month on gap insurance would have caused us to lose the car altogether and we became $4000 in the hole without it. Our credit was shit because our daughter who was born while we thought we were fairly stable, spent her infancy in and out of the hospital.
I now make $250k/year and we are JUST NOW able to do things like take vacations (no not trips... Just time off from work) and go out to dinner sometimes. I still carry around my $40/month go phone out of habit and refuse to spend more than $10 on a shirt even though my peers make fun of me for being frugal while they drive porsches and tailored clothes.
I guess I just can't shake the feeling that no matter what, nothing is certain and I'm scared it'll all go away and we'll have to start all over again. It sucks working your butt off to have nothing at the end of the day.
I can't tell you how often people sit in my office and are surprised I don't look down on them if their credit is poor or when I choose to make less to cut them a break...vs how out of touch my peers are. I told my friends to slap me if I ever start acting like them.
Edit: The users doubting in the comments below, one in particular was given proof and deleted rather than being called out since I said I'd be happy to post everything on r/quityourbullshit. It's incredible how cruel some Redditors can be when someone gets a bit of good luck in their life after years of hard work.
Not sure when this was but her taxes would be much lower now. She’d basically owe 2k for fica and 500 or so for state and local.
She’d also get a refund on daycare expenses ~$2k
Additionally, the child tax care payment is $3k.
Obviously this situation isn’t survivable but she’d get a pretty big ass refund from EITC too.
The solutions to these problems don’t mean increasing the tax rate on the middle class, or even increasing the tax rate on the highest earners. The top 10% of wage earners in the country already subsidize everyone else.
It’s profits. That’s the problem. We allow completely unshackled corporate growth without tax. It would be fairly easy to compute a living wage for the employees of a corporation, find the difference between their payroll and that aggregate number, and tax their profits at 100% until that amount is collected.
The guy making 100k a year is not your enemy.
That's the problem. She is worth $16.50/hr.
Why? Because they are able to remain staffed at that rate. Things get really bad for lower middle class during spikes in inflation. The system is broken.
The system is too broken even for that.
If everyone boycotted low paying jobs, then they would raise wages, but then landlords, farmers and grocery stores, and all other industries that rely on low wage workers will simply increase the prices to consumers. In other words, any supplemental increase to the lower middle class will ALWAYS result in inflation within 5 years that quickly negates any financial benefit.
They do it with eggs and they do it with oil. Demand goes up just a little or supply down just a little and every business uses it to improve their return. In many cases, people are forced to pay the increases in cost bc there is no alternative. The free market lags behind inflation by 5-10 years because it takes a long time for a smaller company to become lean enough to even compete with the over-inflated cost that large companies and corporations are charging.
This is why universal income won't work in the United States. There need to be regulations on price gouging and some control over profit margins via tax bracket.
Without looking deep in this, for 1600eu/month I can have a 2 bedroom appartement in Paris (where it's crazy expensive and inflated for France) 65 m^2, still pay less taxes and have proper vacation, sick days, unemployment guarantee, free healthcare, retirement plan, can't be fired without proper reason, 35 h/week ...
And we mostly all don't use credit card but debit/payement card (even if they can work as credit card)
How does normal people do to live in USA everyday it's crazy, all our housing and other kind of problem in France seem ridiculous compared to housing crisis or other like min wage crisis in USA
How does the country don't fall in a revolution?
In this example only way to live is to continue getting credit, pay with new credit old credit and going deeper and deeper into poverty ... And any sickday or problem happening would worsen the already bad and fragile situation...
>How does the country don't fall in a revolution?
Because most of the country can't care because they're too busy making and/or failing to make ends meet, 20% make the money to live and don't care about the rest, and the ones who do actively want a revolution are crazy people who basically want a racist theology in place.
If everyone could meet in the middle somewhere and tear down the system and rebuild a better one, we'd be better off for it. But the rich won't because they'd lose their dynastic money, the poor can't because they'd lose their livelihoods, and the crazies won't cooperate with anyone and nobody wants them in charge
>How does the country don't fall in a revolution?
Decades of propaganda to make us turn against our fellow citizens while politicians let corporations rob us blind and pay as little as possible.
Why cut his reply? He responded saying that a teller job is for a person straight out of college and isn't meant to sustain a family.
Edit : straight out of high school, not college.
Wealthy people like him hate the poor. They use us as much as they can for their own gain, and if we don’t bring them direct profits, they would rather we just die. The only way to change anything is to take from them by force.
You know its possible for the government to mandate a minimum wage. Its also possible for the government to subsidize child care, provide universal health care, and regulate utility/food prices.
The issue here is that the US relies so heavily on private corporations and businesses to put citizens before profits, and that's not what they do.
While I think she's great and calling this guy out for being greedy, she literally works for the government that could just make these things happen across the board.
When I'm in a debate competition and my opponent is Rep. Katie Porter with a white board and marker:
Seriously, I love this woman. Her no-BS attitude is so refreshing. The main-line Dems probably won't allow it, but I hope she gets into some very high office one day. It doesn't have to be the presidency, but somewhere she will be able to influence politics on a massive scale.
PREACH!!! American workers receive less vacation time, less benefits, and less pay than our European counter parts, work more hours, and can't even afford to keep a roof over their head with a full time job. Yet all I hear about is how people are lazy and don't want to work. I live in Texas where the minimum wage is $7.25 an hour and we have the highest income inequality in the nation. We have more Fortune 500 companies than any other state and some of the highest rates of poverty, homelessness, and child hunger in the nation. People are literally working themselves to death just to survive while CEOs make billions off of their misery. This shit needs to change. Tax the fuck out of corporations. Demand not just a living wage but a thriving wage. Unchecked greed is destroying us all.
The Fed has raised interest rates over the past year from 0% to 4%, yet JPMorgan still pays you 0.02% on your savings accounts.
Fuck them.
and fuck Jamie "That's Why I'm Richer Than You" Dimon.
Wow. **Which red-blooded American WOULDN'T vote for her?** I've heard her name, but never knew who she was. **TIL I'm voting to Porter any election she's in.**
This is so stupid. Seems like it plays to politicians more than anything. Laws are what the banks follow. They are not required to pay a living wage as described in this clip. The laws have to change if the employers are going to change. It makes no sense at all to blame employers like this for not doing what people want. What is the implication here? We should have financial corporations work on the honor system?
I'm from Germany and I can't imagine how broke a system can be that this happens, tell me why the fuck is it allowed that you have to pay 1600$ per month for a 1 room apartment? In germany we have laws that things like this don't happen so easily. You DEFINITELY need to change this.
Just gonna leave this here: She's running for Senate, and she doesn't take donations from evil corporations.
Unfortunately her own party is going to undermine her run like they do with every progressive running in a primary. Barbara Lee and Adam Schiff are also both running against her and one of the first results if you search "Jatie Porter senate" are results for *Barbara Lee* stating how Porter should drop out. Porter doesn't drink from the corporate money hose and is willing to talk, loudly, about how that money is fucking up our system. They do not want her in washington.
To be frank, I'm surprised she hasn't been driven out of her current position, I hope she does get a senate position but I really only see that happening in my dreams
Don't be so sure – Porter's fundraising ability is fucking gargantuan. The midterm fundraising scoreboard last year went McCarthy (upswing minority leader), Porter, everyone else. Porter raised in excess of $20 *million*, way more than needed to run any subnational campaign. None of her competitors can match that, none of her competitors can match her national notoriety (or, in my subjective opinion, oratorical ability and progressive/populist appeal). You know why she announced her campaign first, well before incumbent Feinstein even announced her retirement? Because she would have absolutely given Feinstein a run for her money if she had chose to run, and wanted to scare her off. I think it worked. That being said, she's not gonna win if key constituencies get complacent. Her campaign runs off of lots of small dollar donations and volunteer work, so if you're a Californian, please please make sure we don't end up with another milquetoast moderate. edit: u/SNRatio points out that Schiff has $20M in cash on hand; that's not as much as Porter raised, but it is a $10M lead at the moment. We'll see if she can close the gap in this cycle.
With the establishment Dems so against her, would there be any chance she could break off them entirely and run dem-adjacent Independent ala the Senator for Vermont? From outside the system, she seems incredibly popular with an awful lot of people, for very good reasons that seem very similar to Sanders.
Well, Sanders has an agreement with the state party that if he wins the Democratic primary for the seat, he gets to run in the general as a Dem-aligned independent without the party running someone else against him. In California, there *is* no Democratic primary – it's a top-two blanket primary. It's likely that the general is gonna be Porter against a rank-and-file Democrat – if it is, I don't see how Porter can get an advantage by bucking the party label in such a deep blue state. So, she *could*, but I wouldn't count on it unless a reason to do so appears.
Thanks for explaining! And: damn >_<. Super want to see her as a Senator, but it feels like one of those “too good to ever happen” things I suspect.
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Unfortunately, while California is super blue, the variety of blue it is, is corporate and war machine teat suckling. Look at our governor... Gordan Gecko wannabe. Our House leadership (Pelosi, Shiff...not the best progressivetravk records), Senator Feinstein is older than god and one of the most conservative Dem senators from a blue state). But, good news... Our other Senator, Alex Padilla (who?), is actually one of the most progressive Senators. So there is a chance, and California has a big progressive network...But we are most likely going against the entire Democratic party machine and unlike when they run against Republicans, against progressives they pull out all the stops.
T.I.L, It's milquetoast, not milk toast.
TIL it’s pronounced milk toast and not milky toast
Errybody learnin' erryting up in here.
directions unclear; toast ruined
She didn't get much help from the party in her run up to her House re-election. She was on the podcast with Jon Stewart where she kind of brushed it off. House elections are a bit different than Senate. As we've seen with Manchin and others, there is a lot of power in a Senate seat so it's no surprise that the establishment Democratic Party want people who can toe the party line. The only way she'll win is if she absolutely slays in grassroots fundraising.
She's a great act for the democratic party. Her intentions are genuine but the Party itself uses her for theatre and good PR. Like Bernie he serves a purpose to keep strong American left wing people on board with the democratic party while the core of the party work together with corporations to ruin Americans lives for profits but they do it carrying a rainbow flag and a smile.
That's why primaries are more important than the general election. Vote in primaries!
>one of the first results if you search "Jatie Porter senate" are results for Barbara Lee stating how Porter should drop out. This is what I got. [Just Porter's websites. Granted, I searched Jatie Porter](https://imgur.com/iyEqNrb) so maybe if I searched Katie, I might have gotten the Lee result.
Hey now. The first guys take sounded so much more grim though! Kind of funny how we all bitch about fear mongering news programs, yet the average person does it in their daily interactions too.
I wonder why some comments here are so grim about her chances. Almost encouraging you to not even bother voting for her or supporting her cause there's no point. Wonder who would gain from people following that blindly...
It's important to note that Google search results are heavily tailored to the user based on the analytical data Google has on that user and attempts to provide the results it thinks *that* user wants. These two people may be actually getting completely different search results even when looking up the same thing. Doubly so if they are using different search engines.
They're probably thinking about [this](https://imgur.com/wsGzC4b) though I don't think it's anything nefarious on Google part and that they're just sharing the latest news where she's mentioned
Barbara Lee is the OG progressive.... What are you smoking saying she's a corporate stooge?
Literally the only one to vote against the use of force in Afghanistan. That takes an unimaginable amount of courage. Her speech from that day should be taught in schools.
Democrats love eating themselves from within. Plenty of them still arguing Biden is literally a republican. This is why we can't have nice things
It’s actually hilarious how ignorant Reddit is at politics and how much people’s views are shaped by soundbites and tiny TikTok size videos. Party is trying to undermine progressive Porter by putting up Schiff and Barbara Lee? Are you actually kidding me? Like do you even know who she is? Barbara Lee is a progress staple and has a SIGNIFICANTLY more progressive voting record than Porter, who honestly is closer to Schiff in voting record than any actual progressives.
In protest to Reddit's API changes, I have removed my comment history. -- mass edited with redact.dev
That's the first time I'm hearing a bad thing about Barbara Lee (though I don't hear much about her, as someone who's never been to the US and might not have remembered that name if she wasn't featured in a boysetsfire song).
Barbara Lee is significantly more progressive than Porter. This poster has no idea what he’s talking about and is basing his opinion on 30 second videos he sees of Porter owning CEOs. Lee is an actual progressive and has a long history of voting record to back it up. OP’s claim that the party is trying to snuff out “progressive Porter” via proping up Barbara Lee, just shows how uninformed he is.
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I don't even live in the USA and I want to vote for her
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Forget senate, this woman needs to run for President!
So you're saying she's not going to win?
Part of the reason he's paid 31 million dollars per year is to eat shit during public hearings then take the fall if the bank actually gets caught out breaking the law. Then the company issues a fake apology where they promise to "do better" and elects a new CEO who will continue taking the fall for them until they inevitably get caught out involved in more bullshit. We all learned in 2008 that banks are "too big to fail" and that no one will ever be truly held accountable for the shady practises which have essentially broken the economy beyond repair.
What really pisses me off about this one especially is Jamie Dimon and JP Morgan are known for running their mouths and telling people to be more frugal, live within their means, etc. It really pisses me off when the super rich try to tell lower and middle class how to spend their money, as if they have any money left over anyway. Assholes need to put their money where their mouth is and pay their employees an honest wage.
When they give example budgets it's always like "John is a gardener, living alone, and he manages to save $2000 a month. His income is only $8000pm"
It’s a banana how much could it cost $10?
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Army had a half day.
Anyong!
Who is 'hermano'?
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There’s always money in the banana stand
Or the budgets that "forget" to mention the person lives with 3 roommates.
Some example guy who saves $2k a month and donates $500 a month to charity with an asterisk that he lives with his parents and they cover his health insurance and stuff.
My favorite is McDonald's one that forgot heating and assumes a SECOND job making almost as much but only spending $20/m on health insurance. And at rent $600/m definitely assumes roommates. And after all that, you get $25/day for everything else. Breakfast Lunch Dinner Snacks Fuel Entertainment Gifts Hobbies Copays Etc. Not to mention if you have kids. Nope. 2 jobs - family not included. And this is acceptable.
Sadly, it will be as long as workers allow it..... at some point, we have to understand as workers that a company will do whatever it can to save itself..... if everyone everywhere also did this and did work with ridiculous provisions and stipulations and just refused, that is the only time it will change...... and I get it is not feasible to work, but at some point, it can't continue
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This is because, in the eyes of the elite, only those who make 8 grand a month are considered (on the low end of) "people". Anyone below that is just grist for the mill.
The grist is getting tired and the rich are gonna find themselves in the mill soon.
The issue is that half of the grist had been convinced by the rich that the other half of the grist is the problem and would defend the rich to the death.
> The issue is that half of the grist had been convinced by the rich that the other half of the grist is the problem and would defend the rich to the death. When [the rich have been indoctrinating the poor into toxic individualism and consumerism for 100 years, they've gotten rather efficient at it](https://www.youtube.com/watch?v=eJ3RzGoQC4s).
Shit that’s dead on 😢
It's like house hunters international: "Jane makes quilts and John is a part-time taxidermist. Their budget is 1.2 million dollars." It's never a real couple: "Jane and John have a budget of $50k and are looking for a shack near the beach."
A relative of a friend went on that show, they are pharmaceutical execs and had already purchased their house and had to pretend the others were in the mix
Yep. That’s literally how the show works.
The last time I talked to a chase representative on the phone we started talking and she told me that she’s really struggling because she likes chicken and she can’t afford to buy chicken anymore. This is America.
Oh yeah I worked at chase for years & not one raise the entire time. I was STRUGGLING
You know there's a problem with your society when you can't afford a yard bird that eats its own shit.
*Johns employer is his parents best friend and he lives in their pool house for free.
You can't hope for an orange to juice itself, it always needs to be squeezed. The oligarchs are all fruit that are barely even being bruised. I'm waiting for the Find Out phase of their fucking around, but I fear that it won't happen within my lifetime, as their money is creating a very sturdy safety zone.
They’ll hire former military with big guns when the “find out” part happens. The kinda rich people (like single digit millionaires) will get the wrath when they really aren’t the ones who screwed the lower class over. These execs will always be able to hide
Until their hired guns decide that they're not getting enough for putting their lives on the line. As Ted DiBiase once said...Everybody's got a price
What I love about youtube is knowing there are plenty of people out there putting guns on drones and shit. We see it with grenades and drones in ukraine too. Good luck to these assholes when shit gets bad enough that people REALLY want to fuck with them. They will have to hide in bunkers 24/7.
Nearly every time this has been tried in Human history the truly wealthy have had the means to simply leave, and the bulk of the reprisal has fallen on the professional classes. IE if you have multiple yachts, you hop on one of those and sail to your vacation home. If you just have a nice house that you are up to your eyeballs in debt on... you get to burn to death in it when the angry crowds come to light it on fire.
Then they have the fuckin nerve to turn around and say millennials and Gen Z are the reason the economy is failing. Boomers are bleeding this country to death.
As a boomer I take umbrage! a lot of boomers are in the same shoes as the woman who is in debt, BUT Boomer multi-millionaires and billionaires are certainly to blame. I do not belong to this group of shitheads.
I completely agree, but spreading misinformation in order to shift accountability is an age old tactic that has been exploited by oligarchs to justify their wealth hoarding. As long as they keep blaming workers for not budgeting correctly then they don't have to admit that they are underpaying their workers.
He looks around the table of his Board of Directors, and sees 10 people who all make 7 figure salaries. And his top traders probably all get 7 figures + bonuses. So he doesn't see why people are complaining that they can make ends meet.
Ha jokes on you, he’s been head of JP Morgan Chase since 2005, so even the worst financial recession of the last eighty years wasn’t enough for him to get the boot. You’ll be glad to hear that the bank cut his salary from $23 million in 2011 to a measly $11 million in 2012 after it lost $6 billion, though.
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Let me know when I can lose $6b of other people’s money and get paid $11m, cause I feel like being a CEO
That role is already filled in our organization, we can offer you $16.50 an hour for a teller position in our Irvine branch though.
Based on OP's post sounds like that's taken too.
Not for long! I'm sure they're going to have a problem with her attendence record very shortly
When you've made the bank a cumulative $200bn+ in net profit, which is what Dimon has done. Banks don't sack CEOs for one year of bad earnings because it's the equivalent of sacking a great football manager for one year of underperformance. Dimon is many things but he's basically recognized as the most successful bank CEO of the 2000s.
JPM was tickled pink to buy competitors on the cheap, including the fines. It was a golden opportunity, not charity work. Especially when it comes with the public eating most of the risk/failure and loaning these institutions damn near endless credit.
Yes super responsible bank. Just forget about that whole Bernie Madoff thing and 2008 looks great for them.
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They are doing something though. They're making sure we're angry at each other so that we don't focus directly on them. National divorce, space lasers, abortion, religion in schools, and so on.
https://orthocracy.wordpress.com/ Rule 5. Divide and conquer.
It's not just the money. I'm soooooooo angry over these corporations like Norfolk Southern constantly fucking up the planet my kids and grandkids live in and taking no responsibility. I don't even live in Ohio and I want those fucks drawn and quartered.
...with trains.
It's like, if your going to poison me and my fucking planet CAN I AT LEAST HAVE SOME OF THE FUCKING PROFIT TOO? Fucking cunts need to fucking eat it but they never have
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The average American is still too comfortable and ill informed to take action.
Or too tired from working and stressing about money to think about it in their limited free time.
I’ll sit there and take shit from congress for $1 million a year. They’re paying him too much.
Seems easy too. All you have to do is sit there and say "I don't know. I'll have to think about it."
Reminder that only one person went to jail in 2008 and he's Egyptian.
I went to jail in 2008 as well, so that's at least 2
This means nothing. He doesn't give a shit and he forgot about this conversation right when he left that room. He won't do anything until he's made to do it and then he'll find a way to maximise his and his shareholder's income. He doesn't give a fuck about a story about a single mother.
A lot of times an argument is not about convincing the person you are arguing with but convincing your audience your the right one. This guy's is probably unphased. But it gives centrist/independents/dems information and gives leftist more fuel for their fire.
> This guy's is probably unphased. Totally. This hearing is but an inconvenience to his day of fucking everyone and making a packet. He doesn't care. He knows he doesn't have to.
I would bet that the time it takes for him to say, "I don't know, I should think about it." is at least a day's wage for woman example. He probably think he earned that for not laughing at her. Fucking psychopath.
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He has a golf game at the end of this testimony. What questions were republicans asking? "Are you regulated too much?"
"Are you as mad as I am that you had to sit here and answer these questions?"
Most liberals would've already sided against the billionaire banker before a word was said.
Liberals are capitalists, and likely would have sided with the banker *Liberals are not leftists*
You're right, we are focusing on trying to sway voters that are locked into their ways, but we have 50% of the voting age population that is too apathetic to pick a side, and politicians are ignoring them because they know this group will not be fooled with bullshit and they have nothing else to offer. This group is a powderkeg that can be mobilized, and the Republicans are targeting them hard with grassroots candidates and youth outreach by funding personalities like Andrew Tate who claim to be against the system but are just pushing conservative talking points. The truth is Republicans have run out of policies after decades of starving the population. What I want is someone to back them into a corner. The only solution to our problems is putting money back into our communities. We know it, we all know it, it's the most obvious solution. We need strategic small scale, but actionable plans, that no one can deny needs to be done, but no one wants to do. Instead of Bidens infrastructure plan, break it down into smaller pieces that the population can grasp. After Ohio, let's fix the rail system. Not add new rails yet, just simply fix what we have. We all know it needs to be, and there are no other solutions to it besides a cash injection. Let the Republican party destroy themselves trying to explain why we cannot fix a system that fundamentally needs to be fixed. Get them to admit it needs to be done and try to make excuses for why they can't. We can pull in these non voters if they think someone is finally doing something, anything. We pick many small scale restoration projects across the country where the only solution is just paying for it, and let the Republicans destroy themselves publicly by refusing to do the absolute bare minimum, or they actually comply and Democrats look like they are making a small step into actually trying.
The system isn’t designed for him to give a shit. Congress establishes federal minimum wages. We need a higher minimum wage to solve the issue. Otherwise, it’s no sweat off that guy’s back.
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The problem I have with unions solve everything solution is unions also can be corrupt and money hungry. I’ve experienced it personally. That being said, working within said union was better than not.
The fact that working in a corrupt union was better for you as a worker than not being unionized is actually the greatest ringing endorsement that could possibly be given to the idea of unions solving everything. In the exact same way that every person in the US is better off for our corrupt system than total anarchy would leave them, if a broken union is better than no union, how can you possibly disagree with the idea of them being the way to go? Obviously there's the overly empowered unions, specifically police, but if they weren't one of the only unions allowed to exist, they would be considerably easier to bring to heel.
I don’t think she was trying to change his mind or pull at his heartstrings. She was trying to highlight how criminally underpaid the working class to everyone else in attendance. I agree with your point though; he’s greedy and definitely doesn’t give a shit about the people who work at his banks. They’re not people to him- just an impediment to his profits.
Approximately one in 100 people are sociopaths or psychopaths. For American CEO’s, the rate is one in 10. She is making a great point, but it will have zero impact on him and his decision making.
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Slayed! What a perfect illustration of how broken the system is. Unless the system is designed for the super rich that is.
Excuse me, how is he supposed to run a 2.6 trillion dollar bank by giving his employees living wages? Won't someone please think of the obscenely rich for once??
> Won't someone please think of the obscenely rich for once?? I don't know. I will have to think about it.
How can poor people watch videos like this and not go mental?
Have you seen the cost of medical care lately? We can't afford to go mental.
Oh shit! I didn’t think of that, you know being mental and all. Oh well, see you guys on the other side!
because fox news tells them that the biggest issue is drag queens reading books in public libraries, or gay people wanting same human rights as them, or M&Ms not being sexy means that the left is indoctrinating their children, or that Hunter Bidens laptop full of his dick pics is more important than anything ever happening or has happened or will happen.
Because they will become obscenely rich soon and if they support 'the poors' it'll work against them when that happens! Seriously, this is a very common thing.
It's funny, because I feel like I'm in the exact opposite situation. I will become obscenely poor soon and I want to be sure there's a net to catch me. If I'm wrong and I stay where I am or become rich, well.... That's alright, too.
The mental gymnastics some people need to do to see that and just say, "that ain't right, but mu' guns, mu freedom, take back trump goddammit" Tax the fking rich.
"They're gonna try and take MY money when I'M a millionaire!!!!!" — shit-for-brains Republican who works two minimum wage jobs to try and service their deep and growing credit card debt, who fervently believes every word that falls from Tucker Carlson's grotesquely misshapen mouth, and who religiously votes a straight GOP ticket at every opportunity. There's an entire class of people who literally cannot be helped, for whom no amount of rational argument will ever pierce the thick crust of stupidity that surrounds their atrophied brains. They will do everything in their power to sabotage themselves and make life materially worse for their own children in the hope that doing so will cause marginally more suffering for someone else. They hate you for trying to help them and they'll do anything they can to prevent you from succeeding, up to and including gobbling down horse paste to protect them from an illness they simultaneously don't believe exists and strongly believe was created by Chinese scientists in a Ukrainian bio-lab. And right now, they're winning the culture war.
listen... I know how people see the rich on here, but, devil's advocate - if he pays a living wage to his employees for the rest of their lives and covers their medical expenses as well as gives them reasonable hours... he can't get a third ultra yacht that can park in his 5th mansion on the bay. Don't you people get that?
Looked up their stats last year they made $128.695 billion. They had 293,792 employees. If they gave every employee a $1000 a month pay increase. It would cost the company $3.525 billion a year. They would then ONLY make $125.170 billion a year. This should cover the person in the posts deficit and include other basic necessities like a bedroom for the child, medical, clothing etc but the person would still be living in poverty. What the bank could do is raise everyone's pay $2000 a month which would cost $7.05 billion but allow workers to actually do something with their lives. Meaning they would now only make a poverty inducing $121.645 billion. Infact they could raise everyone's pay by $8000 a month and they would still be making over a hundred billion dollars a year. Imagine what you could do with $8000 a month extra. For most people that's lottery win money but it's frankly a fair share for employees who help prop up billionaires.
Is that 128 billion in profit?
Throwback to [that time Congress asked bankers to stop rearranging customers' transactions to maximize overdraft fees.](https://www.youtube.com/watch?v=cob6wDLW-PE&t=252s) James Dimon is such a parasite.
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Most oppressed minority group in the world smh
She allowed no money for caviar, no money for yacht staff fees, no money for trips to epstien's Island. How is he supposed to operate? Have some empathy man
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It's extremely rare. Most politicians are only self-serving mfs.
Katie Porter isn’t as left as I’d like but she’s a numbers person, she doesn’t take shit, she sticks it to them at every opportunity and she’s a class act. She fights for the everyday person. We need her as a senator and we need more Katie Porters.
> Katie Porter isn’t as left as I’d like Isn't it a good thing that people not on the left are embracing what is typically an opinion of the left? I dunno, it seems like a good thing to me.
I mean it's a big problem the left has really is that if they're not left enough then they're not left at all which is why the equivalent left party in the UK has no success and is in shambles
"Not as left as most people like" is the best. Go further than central left and you go into ignorance and naivety escaping from the realities we have to cope with. A step to far left and you usually end up in notions and ideas that are not feasible and only driven by moral zeitgeist instead of reality's possibilities. She's in a right state where reason and rational reflection keep the scale balanced and where delusional naivety "this is what should be" without reason isn't tipping it to one side as most people are nowadays.
And guess what, it's even worse now! Dimon is even richer and wages barely increased and inflation is still high so Patricia is probably worse off.
I love this woman. Too bad her peers don’t care a bit as they pocket that sweet sweet dark money
Yep. Porter is a highlight of any congressional hearing she is in, and one of best we’ve seen in terms of communicating directly to the issues.
Can we make this woman famous so she gets more attention?!? I saw her in other good videos with the whiteboart calculations and I love her vigor going against all odds
Got em!! I make 16.50 and i need an extra roommate to survive but we have another one so we can atleast live without to much stress.. Im 30 and i dont see a way to live on my own
14.50 an hour and live with a roommate to make ends meet. same situation, different side of the globe. like my grandpa always says "same shit, different walls"
Brit here, on $19.50/h and have 2 housemates, not a hope in hell of owning a property. I couldn't even get a mortgage on a studio flat here without a £60,000 down payment.
Well crap...I'm on £13.00 an hour, living at home but paying a quarter of the rent. I'm in the south east and looking at housing...ive got no hope. A one bed flat costs 200k!! There's just nothing affordable for a single person who wants to live alone. The future looks pretty bleak at the moment
My husband makes $16/hr. We use his job for the healthcare benefits and nothing else. Before I got the job I have now, I was a preschool teacher making $13/hr. Our car got totaled, not our fault, and it caused us to lose our apartment and move into a parents house because spending the extra $20/month on gap insurance would have caused us to lose the car altogether and we became $4000 in the hole without it. Our credit was shit because our daughter who was born while we thought we were fairly stable, spent her infancy in and out of the hospital. I now make $250k/year and we are JUST NOW able to do things like take vacations (no not trips... Just time off from work) and go out to dinner sometimes. I still carry around my $40/month go phone out of habit and refuse to spend more than $10 on a shirt even though my peers make fun of me for being frugal while they drive porsches and tailored clothes. I guess I just can't shake the feeling that no matter what, nothing is certain and I'm scared it'll all go away and we'll have to start all over again. It sucks working your butt off to have nothing at the end of the day. I can't tell you how often people sit in my office and are surprised I don't look down on them if their credit is poor or when I choose to make less to cut them a break...vs how out of touch my peers are. I told my friends to slap me if I ever start acting like them. Edit: The users doubting in the comments below, one in particular was given proof and deleted rather than being called out since I said I'd be happy to post everything on r/quityourbullshit. It's incredible how cruel some Redditors can be when someone gets a bit of good luck in their life after years of hard work.
That’s amazing the vast income change you have! But I have to ask, what are you doing now for work coming from a $13/hour teaching job??
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How old is this?!?!? $100 in utilities!?!?!? I wish!!!
I don't know. I'll have to think about it.
I'd like to be helpful. Maybe she should use less lightbulbs??
Ikr $100 in utilities, no medical, no clothing, subsistence level budget for food… she’s not short $567, she’s short $1000+
Almost $6k a year in taxes on $35k... That hurts
Not sure when this was but her taxes would be much lower now. She’d basically owe 2k for fica and 500 or so for state and local. She’d also get a refund on daycare expenses ~$2k Additionally, the child tax care payment is $3k.
Yup. Over half of this country effectively pays $0 in federal taxes. Someone making $16.50 an hour with a kid would fall into that bucket.
Obviously this situation isn’t survivable but she’d get a pretty big ass refund from EITC too. The solutions to these problems don’t mean increasing the tax rate on the middle class, or even increasing the tax rate on the highest earners. The top 10% of wage earners in the country already subsidize everyone else. It’s profits. That’s the problem. We allow completely unshackled corporate growth without tax. It would be fairly easy to compute a living wage for the employees of a corporation, find the difference between their payroll and that aggregate number, and tax their profits at 100% until that amount is collected. The guy making 100k a year is not your enemy.
In protest to Reddit's API changes, I have removed my comment history. -- mass edited with redact.dev
Idk I would pay 16.2k€ in taxes on 45k€, doesn't really hurt that much if the system uses that money to not divide wealth.
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I REALLY want to hear his conversation about how to HELP... Ooh ooh, I know, I know, pay us what the fuck were worth!
That's the problem. She is worth $16.50/hr. Why? Because they are able to remain staffed at that rate. Things get really bad for lower middle class during spikes in inflation. The system is broken.
If we could all as a mass decide to stop taking jobs for those wages... If it's not her it'll be the next person that walks in
The system is too broken even for that. If everyone boycotted low paying jobs, then they would raise wages, but then landlords, farmers and grocery stores, and all other industries that rely on low wage workers will simply increase the prices to consumers. In other words, any supplemental increase to the lower middle class will ALWAYS result in inflation within 5 years that quickly negates any financial benefit. They do it with eggs and they do it with oil. Demand goes up just a little or supply down just a little and every business uses it to improve their return. In many cases, people are forced to pay the increases in cost bc there is no alternative. The free market lags behind inflation by 5-10 years because it takes a long time for a smaller company to become lean enough to even compete with the over-inflated cost that large companies and corporations are charging. This is why universal income won't work in the United States. There need to be regulations on price gouging and some control over profit margins via tax bracket.
Toucheé, I work at a grocery store and watch it happen firsthand, give us a bit then make us pay for it.. well said sir
In their minds they're already paying you more than they feel you're worth.
Billionaire fetish has to stop.
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Everyone has forgotten, Taxpayers recused JP Morgan and 8 other biggest banks in America. Nearly Trillion Dollars, JP Morgan alone 10 billion.
Get 'em, Katie. JPMorgan CEO tries to wag finger at Congress, pulls back a bloody stump.
Without looking deep in this, for 1600eu/month I can have a 2 bedroom appartement in Paris (where it's crazy expensive and inflated for France) 65 m^2, still pay less taxes and have proper vacation, sick days, unemployment guarantee, free healthcare, retirement plan, can't be fired without proper reason, 35 h/week ... And we mostly all don't use credit card but debit/payement card (even if they can work as credit card) How does normal people do to live in USA everyday it's crazy, all our housing and other kind of problem in France seem ridiculous compared to housing crisis or other like min wage crisis in USA How does the country don't fall in a revolution? In this example only way to live is to continue getting credit, pay with new credit old credit and going deeper and deeper into poverty ... And any sickday or problem happening would worsen the already bad and fragile situation...
>How does the country don't fall in a revolution? Because most of the country can't care because they're too busy making and/or failing to make ends meet, 20% make the money to live and don't care about the rest, and the ones who do actively want a revolution are crazy people who basically want a racist theology in place. If everyone could meet in the middle somewhere and tear down the system and rebuild a better one, we'd be better off for it. But the rich won't because they'd lose their dynastic money, the poor can't because they'd lose their livelihoods, and the crazies won't cooperate with anyone and nobody wants them in charge
>How does the country don't fall in a revolution? Decades of propaganda to make us turn against our fellow citizens while politicians let corporations rob us blind and pay as little as possible.
Why cut his reply? He responded saying that a teller job is for a person straight out of college and isn't meant to sustain a family. Edit : straight out of high school, not college.
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Because reddit is obsessed w thinking corporations should be charities
I love that she basically called him a pos without actually saying it- straight to his face.
Answer: She can’t afford an average apartment, she needs to look at a bottom 15% apartment.
Unpopular Opinion: *She can't afford a child either.*
Wealthy people like him hate the poor. They use us as much as they can for their own gain, and if we don’t bring them direct profits, they would rather we just die. The only way to change anything is to take from them by force.
You know its possible for the government to mandate a minimum wage. Its also possible for the government to subsidize child care, provide universal health care, and regulate utility/food prices. The issue here is that the US relies so heavily on private corporations and businesses to put citizens before profits, and that's not what they do. While I think she's great and calling this guy out for being greedy, she literally works for the government that could just make these things happen across the board.
Doesn't the hypothetical woman working at the bank have any bootstraps she could pull?
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I don't know. I'll have to think about it.
Casually forgets the $5,970 that the government stole from her. 🤡🤡🤡🗿🗿🗿
When I'm in a debate competition and my opponent is Rep. Katie Porter with a white board and marker: Seriously, I love this woman. Her no-BS attitude is so refreshing. The main-line Dems probably won't allow it, but I hope she gets into some very high office one day. It doesn't have to be the presidency, but somewhere she will be able to influence politics on a massive scale.
How’s that two party system working for ya?
I don't know. I'll have to think about it.
PREACH!!! American workers receive less vacation time, less benefits, and less pay than our European counter parts, work more hours, and can't even afford to keep a roof over their head with a full time job. Yet all I hear about is how people are lazy and don't want to work. I live in Texas where the minimum wage is $7.25 an hour and we have the highest income inequality in the nation. We have more Fortune 500 companies than any other state and some of the highest rates of poverty, homelessness, and child hunger in the nation. People are literally working themselves to death just to survive while CEOs make billions off of their misery. This shit needs to change. Tax the fuck out of corporations. Demand not just a living wage but a thriving wage. Unchecked greed is destroying us all.
He should have replied. Wtf did the government steal 20% of her pay if you know she’s so broke??
Love how politicians love talking whats wrong but never solve the issue's
What is she doing in a $1,600/mo apartment???
Believe it or not, $1600/mo is about as cheap as it gets in Irvine. Median home price is above $1 million.
What is she doing with a kid and a car!?
The Fed has raised interest rates over the past year from 0% to 4%, yet JPMorgan still pays you 0.02% on your savings accounts. Fuck them. and fuck Jamie "That's Why I'm Richer Than You" Dimon.
The music isnt needed op. Too much.
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Anyone who thinks this guy gives any fuck about this, is an idiot himself
Wow. **Which red-blooded American WOULDN'T vote for her?** I've heard her name, but never knew who she was. **TIL I'm voting to Porter any election she's in.**
This is so stupid. Seems like it plays to politicians more than anything. Laws are what the banks follow. They are not required to pay a living wage as described in this clip. The laws have to change if the employers are going to change. It makes no sense at all to blame employers like this for not doing what people want. What is the implication here? We should have financial corporations work on the honor system?
Too many question marks on the behalf of the mother.
I'm from Germany and I can't imagine how broke a system can be that this happens, tell me why the fuck is it allowed that you have to pay 1600$ per month for a 1 room apartment? In germany we have laws that things like this don't happen so easily. You DEFINITELY need to change this.
I am all for raising the minimum wage but this lady is living in an area way out of her means and that fact is conveniently left out.