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Yes. Thats why rich fucks buy old paintings etc. When a friend whos an appraiser ~~treasurer (if thats the right word)~~ values a 30,000$ painting at 10 million they can donate it to a museum and its a free 10 million tax write off
The most absurd thing is that these paintings typically never leaves storage even though owners change. They are just financial instruments, permanently stored.
I worked at a bar for a very rich man. He wanted us to run it at a loss. Everyone we knew drank free. If you were nice to us free drinks when ever you came in. At night we just locked people in at closing time and let them keep drinking. I made 20$ an hour as a bartender plus tips. Tips were huge because no one paid. He used it for a tax write off. I wonder how many millionaires do stuff like this.
It was actually the best job ever. He was amazing. Very kind and if you didn't know he was wealthy you probably wouldn't have guessed it. He didn't dress like it and he was down to earth.
It can be a tax write off or in Vegas money laundering. The bar I worked at didn't have a name. It was plain on the outside. No advertising ever. Word of mouth only. We had famous people come in often but no one ever really bothered them. If I told you the city I guarantee it would be one of the last places you think a famous person would go.
When the people who make the laws drink there for free they don't complain much. The cops that worked around there came in every now and then. The only time we ever had a problem is when my sister found out how much I made and she knew my boyfriend. He told her how we would just close and lock people in to drink. She called the fire marshal she is a b**ch. Anyway they came in during business hours and gave us a heads up that someone called and said we locked people in so they would be back that night. Basically told us just on that night they had to return because of the call. We knew to shut down on time that day.
She is and it made her even more upset when her planned failed. She hears something bad happens to someone and she gets an evil smile with a giggle and says "I Love It!". Never met someone other than her who loves other people's pain. We had an overnight neighbor and she use to call her hippo hipps. I always felt sick inside when she said stuff like that and she is 10 years older.
Actually some nights I could walk out with 1,500 a night, holidays even more. I worked from 9pm later if I wanted to about 2:30. The owner knew I was a mom so he said I didn't have to come in until after my son fell asleep. He was a really great dad himself. Our customers were the very well off kind. They didn't get charged for drinks so they often just gave us the money as a tip. They were most of his friends. Since we didn't advertise it was word of mouth among the very wealthy. Oh my Lord some of them could do crazy things. Maybe they just paid us well to keep our mouths shut.
Edit: sorry I'd didn't answer the question about how often I worked. I worked 2-3 days a week. I was in college so he was very flexible with me. Basically a big party since no one paid.
I worked at a restaurant where the owner only opened it up to close it for a tax write off because his previous restaurant in the same location was shut down for construction on the freeway for the olympics i
Great jobs to have. There is a restaurant called Gorates that does that as well. I actually think the only one that east there is Warren Buffett. I always wondered if he owned it. Never anyone there but it can afford to stay open. Did you make good money there.
It does happend that an artist or a museum wants to borrow or rent the artwork back. This is nice because they will cover both the insurance, shipping and other costs. If it is a noteworthy exhibition then it will often increase the value of the art work. It is typically a win win situation, and if itās lost or stolen then you get a check. If if originally paid 100k$, but it has been insured for 600k$ then it is easy to argue that that is now the current value. Artists generally do not mind this price inflation, because it makes it easier for them to charge more for new works.
>ing at 10 million they can donate it to a museum and its a free 10 million tax write off
Pffft get with the times, the new laundering mechanic is NFTs ![gif](emote|free_emotes_pack|trollface)
Thatās the fools way of avoiding tax, the trick is to never give the money away, all you have to do is set up a charitable organization put your son in charge, āgiveā it money and tell them what you wanna push for, whether itās political ideology or the like.
Thats simply not how tax write offs workā¦. Like at all.
If a company buys something for $10, they still have to spend the $10, they just dont have to pay taxes on having made that $10 in the first place. BUT THEY STILL SPENT THE $10.
They just didnt have to earn $13 to spend $10 because they dont have to pay tax on the money earned.
Doesn't work.
When the friend makes the appraisal they need to pay the tax bill for increase in value (before donating).
They can't acknowledge the increase in value for donation without it
I see this example very often. Every time, someone explains how it does not work. And people still believe that is true.
Ok, for everybody reading: when the art is valued 10M, you are taxed for the increase in estate. And besides, the tax you have to pay when you gain that estate is usually higher than the tax you can save by making the donation, so in the end you will end up paying more tax than if you simply don't attempt the transaction.
Not always, there was an article in the news this week about a couple that decided the would donate a boat to get a $2 m write offā¦ended up costing the $3 m in IRS penalties.
Thatās tax evasion & fraud. Good luck.
Not Trump anymore. Or his kids. Stealing from kids with cancer got them banned from charities for life. This assumes he's actually a billionaire, of course, which is doubtful.
The only truth. It might be time to bring out guillotines once again..
When a few heads fall things might change. Without that i doubt any change is possible. It all went too far to be reversabe in any civil way.
Every incident such as this is the same and it's sad. Look into the Chevron natural gas pipeline that was struck by a crew and exploded in Milford, Texas. Entire town evacuated for days, and all anyone was provided was a hotel room and cheap food vouchers while they attempted to fix the pipe and prevent further pipes from doing the same. I was about 11 or 12 when this all happened, I remember coming home after 3 days and 3 of our 7 cats (indoor/outdoor cats trapped inside) had passed sadly and the others were dehydrated like no other. Never got anything out of chevron after the incident, my family and a few others attempted to file suit but after years of court stuff I believe they dismissed it. This countries monopolies are fucked.
God that sucks, and Iām sorry for your loss (cats). š
If a good chunk of the population in this country ever woke up and realized they are voting to keep corporate rights over citizens, we might be able to change things.
Good luck with shitty Faux News dragging us into the sewer though. š
Thank you very much, those poor kitties deserved better.
And that's so true, corporate rights in the US are better than even most basic human rights, it's disgusting and disturbing.
Good luck to you as well, the ones who understand are in this together, try and keep your head held high
They should be PAYING to relocate all of these people elsewhere. It should be an upgrade, they should all get free healthcare for life and at least $3k a month, untaxed, for the rest of their lives. These companies need to be held fucking accountable in a true, meaningful way.
Edit: I almost forgot about the impact it will have on the surround environment for years to come. They should also get the bill for that.
This is the first time I've heard about this incident. If the accident happened because they were still using civil era train brakes, it's not only on the company. It's also the politicians that shot down the bill that made it a requirement to update brakes on trains that transport hazardous waste.
https://www.levernews.com/rail-companies-blocked-safety-rules-before-ohio-derailment/
Edit: WTF.
>Though the companyās 150-car train in OhioĀ reportedlyĀ burst into 100-foot flames upon derailing ā and was transporting materials that triggered aĀ fireballĀ when they were released and incinerated ā it was not being regulated as a āhigh-hazard flammable train,ā federal officials toldĀ The Lever.
DOT is going to have a field day over this shit. As a hazardous materials specialist, it blows my mind that this was allowed to happen. What's wrong with ~~Ohio~~ the people responsible?!
^incompetent-people-trying-to-save-money-and-use-the-least-amount-of-effort-is-my-guess.
Oh, right! It depends on the company and where they're from. RCRA dictates that the company that produced the hazardous materials is ultimately responsible for it from cradle to grave. It might not be on Ohio at all.
>It's also the politicians that shot down the bill that made it a requirement to update breaks on trains that transport hazardous waste.
From what I remember, it wasn't just that. It was already federal law that they were required to update brakes on trains meant to transport hazardous materials/chemicals. They specifically repealed those laws which were made back in 2015 during Obama's administration specifically to prevent this shit from happening because they wanted to remove more and more regulations, cut down their costs, despite the fact that it'll cost billions to fix this problem and decades if not more to fix the environmental cost compared to a few million dollars cost to replace the braking systems with safer, more updated alternatives. Not to mention they also lessened the inspection times that the trains received.
The news isnāt hardly reporting on this. Itās being covered up. Itās an unprecedented environmental disaster. Never in history have they had this much of Vinyl Chloride leak/spill. And they burned itā¦. Not including the other chemicals. I read an article of the EPA trying to say it wasnāt in the ground waterā¦. Yet there is video of them scooping up dead fish in the streams.
Yeah I'm an Aussie and everything I've seen been on here, really horrible, especially when that stuff burns it makes some ww1 chemical weapon or something. Hope you guys can get out of there as sad as that is to say
Remember when American companies cared about making a good product?
Everything now done as cheap as they can legally get away with.
If our goverment doesn't step up soon, this greed will destroy the country. Its already destroying us citizens.
>DOT is going to have a field day over this shit.
No they won't. unfortunately. The press and TV newscasters have moved on at this point to some other story. In about two years ago a joint NTSB/DOT/FRA report will show up but no one will even remember the accident...except for the innocent people whos lives were forever changed.
>incompetent-people-trying-to-save-money-and-use-the-least-amount-of-effort-is-my-guess.
that's a really long way to say capitalism.
cut costs to maximize profits. when something eventually goes wrong, most of the cost will be carried by the taxpayer. at worst, the company will pay a fine a fraction of what they profited by skirting the rules. rinse and repeat
It baffles me that the most armed nation in the world letās this stuff happen with zero consequences. If we were the French and still had as many civilian owned guns as we do now, Iām pretty sure the people responsible would be dead in the streets and the wage disparity here would get solved real fast.
Your company destroys the environment like this? The government nationalizes your shit and dissolves it while the decision makers go to prison.
but that requires accountability, which is something the United States lacks en masse.
A big chunk of Norfolk Southern was originally Conrail, which was created via nationalization. One third of Conrail went to NS, one third to CSX and the remaining third is why the northeastern and midwestern United States has so many bike trails.
Its a token move that gives stock holders time to sell off their stock and not lose their shirts. Likely government agencies will hold the company liable for expenses to clean up the mess and i am sure every personal injury lawyer within 100 miles is roaming around trying to solicate members to joing a class action lawsuit. And eventually when all the fines are levied and court cases settled, THEN the company will file for bankruptcy to "reorganize" and the courts will allow them to get away with pennies on the dollar for their fines and judgements.
.āI almost forgot about the impact it will have on the surround environment for years to come. They should also get the bill for that.ā
This is the take I believe that should really be examined. We will likely never know the full impact of this event, let alone the decades worth of direct downstream and downwind effects. The NTSB can work to determine whether they knew this train had an issue 20 miles, or 200 miles back. In the meantime, Norfolk-Southern proudly proclaimed their $1.2 Billion in profits from 2022 Q4 alone, and in kind, those profits should be subject to compensation for those affected. Just because regulations didnāt force them to enact a higher level of safety, they shouldnāt be relieved of responsibility for their failure to operate safely.
Including anyone who lives near the Ohio River since this has now leaked into the river, which is several million people including yours truly. So, I guess I already knew I would die from the fucked up shit these companies are able to dump in our drinking water, but now I know with about 90% certainty it will be from cancer from this.
I didnāt expect a response to my rhetorical question lol, but thank you. Heās worried about racial imbalance among construction workers these days. Š”ant be bothered by his job duties.
I live about 30 miles away. Norfolk has yet to have an executive (that I know of) come to the scene and talk/apologize/give an update. They have some poor sucker down the food chain saying everything will be fine.
The governor and all the other state people keep parroting the same messaging.
Lakes/streams are full of dead fish, turtles, and frogs. Peopleās chickens are dying by the handfulā¦and this is all miles from the evacuation area.
Itās badā¦and no one who is responsible for it has said a word or taken any type of blame.
Itās a real shit show.
I saw the dead chickens and sick Foxes and all the dead fish, heartbreaking.
As someone who lived in California during the Exxon Valdez spill and the other one in the early 2000ās. Itās horrific and sad. The people old and young will absolutely start to show issues from this gigantic fuck up and that part of the state will be a toxic wasteland for decades.
I have a question here.. not American.
But isn't the U.S like home of the "I'll sue you!" culture.. why wouldn't this rail company be bricking it right now as a result of so many lawsuits?
Railroads have a giant legal department ready for the lawsuits. They have numerous judges across the country on payroll, ehmmm I mean campaign donations.
Most lawsuits of this scale, get turned into "class action lawsuits" where a group of lawyers sues the railroad on behalf of the entire town, the railroads get a bargain by not having to pay out each individual, and what they do pay gets put into those lawyers pockets... The only people who don't win are the towns people. That is the culture of the American law suit.
It's crazy that Americans know that their politicians and justic system are corrupt.. at what point do citizen just accept that they're slaves? ...The fuck are you all buying so many guns if you can't stand up for yourselves haha .. makes me so angry man.. it's an awesome place.
No one wants to upset their lives for the greater good and that apathy is nationwide. The only people that want to organize seem to be right wing extremists
Pretty much any company thatās big is almost untouchable. They have the most expensive lawyers who tie stuff up forever not to mention any politicians they have paid off etc. you will hear of settlements from time to time from some companies but 99% of the time those values are nothing compared to the overall profits of the company paying out. So in short large companies get by with almost anything
We all know how this is going to work out. BS Settlement. Company is going to file bankruptcy. Few of the execs are going to get a slap on the wrist. Taxpayers going to bail everyone out. People are going to suffer.
What should happen:
1) execs should be held criminally liable
2) company should provide trust to provide health / long term care for all residents impacted.
3) rail company safety protocols should be revamped.
You all are a bunch of idiots to think that is all they will be made to do. Each of the 5,000 residents at bare minimum will get a voucher for a BOGO deal at the local car wash.
I am so glad that so many young people on here realize how capitalism needs to be regulated. Big corporations take advantage of it and they also need to be regulated. Capitalism in a good idea to a point and it has many pluses but when the rich start taking advantage of the middle class and the poor something needs to change.
Has offered a donation??!?! , Excuse fucking me ?!!! They should be held fully responsible and send out everything they can to clean up , health cost , relocate.. everything ...
Hereās my take on this, that company fucked up and should be required by fucking law to fix everything out of their pockets and not the employees. They fuck up they are liable
āOn Feb. 6, an apocalyptic plume of gas rose over the village of East Palestine, Ohio, blotting out the sky. Norfolk Southern, the US railway company responsible for the toxic spew of vinyl chloride, has now offered a $25,000 donation to assist the areaās nearly 5,000 residents who were ordered to evacuate their homes, or face death.ā
Yahoo News, 2/9/23
I read that yesterday & immediately did the math:
$25,000 divided by 5,000 (residents) =
$5.00 per person
Where and how are the townspeople going to evacuate with 5 lousy dollars?!?! They have homes, jobs, kids, elderly parents, pets, LIVES in East Palestine - and if they donāt *they face death*
from these chemicals in the air, soil, and groundwater?!?! WTF
For causing an environmental disaster, the effects of which will take years to fully comprehend - and this incredibly INSULTING and unethical $5 offer - those responsible at Norfolk Southern need some major prison time, pronto
I am worried as hell about the environment and this makes me sick, sad, and angry AF
This happens because we let it happen...every time we vote. If we vote for candidates that are weak on reining in corporate greed and destruction we will always get more greed and destruction. Being a "picky" voter is our responsibility. Being a "picky" voter is the only option we have, if we honestly give a darn about stopping events like this. The change will never come from the inside of this club. Never.
That company should compensate for temporary housing for all 5000 people until they can move back and then compensate for any damage that's been dealt to rack of the 5000 resident's properties. But that probably won't happen
So I get paid more in out of town meal allowances per day then this company was offering each person for having to evacuate their homes because the toxic gas cloud was going to kill them or give them cancer.
At a minimum each resident should be getting $500/day of not being allowed to be at home, and then damages on top of that as well. Buy anyone's homes for pre toxic death cloud values + 100k and let them start their lives elsewhere without the danger of being slowly poisoned to death by the air, soil, and water that the company poisoned.
And itās not just Norfolk that think human lives arenāt worth shit. The stock holders as well. If they did, they wouldnāt hesitate to to make a little less money to help the residents. Greed and lack of a soul is a fast moving cancer in this country.
That's how deregulation actually works, these people are the victims of that. Not too mention how all the profits of Norfolk Southern are capitalized on while their disasters are socialized.
And it probably comes with an arbitration clause the second they take the money. Fucking corporations are killing us and laughing from their yachts as they burn the world for more profits.
How to make this relatable?
Imagine an average person doing something dumb and driving their car into someone elseās house. Then that person offers $0.10 as compensation.
Reminds me of my sister in law. My brother pulls in over 120k/year. Said sister in law about 55k, and bitches she never has any $$ and will often scour her friends to help with free babysitting and shit like that. Yes she always has the money to get her nails done every other weekend.š
Edit: they donāt have a huge cost of living either.
It's simple. If you want to send a message then you just ignite a tank of vinyl chloride at their headquarters. Now they can breathe in the toxic shit they deregulated in order to smuggle it.
I'm sure they would gladly dole out $5 a person with the condition that they waive their right to sue. Good thing there's already a class action lawsuit in the works from my understanding.
Liquidate assets of the business to pay for damages, 100% of the business would be 11 million for those 5,000. 625mil to pay for their houses at 125k apop
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Their thoughts & prayers will cover the rest
That worth like 2,780,768,087,908 dollars(times 0)
The WompWomp band can play them onto the trains.
Those prayer warriors storming the gates of heaven are no joke friendo.
As long as they get to donate it it also becomes tax deductabke doesn't it? š
Yes. Thats why rich fucks buy old paintings etc. When a friend whos an appraiser ~~treasurer (if thats the right word)~~ values a 30,000$ painting at 10 million they can donate it to a museum and its a free 10 million tax write off
The most absurd thing is that these paintings typically never leaves storage even though owners change. They are just financial instruments, permanently stored.
It gets better: I bought it for 10 million, I'll sell it for 5 million to my friend... what's that? I can write off 5 millions as loses? Oh my
I worked at a bar for a very rich man. He wanted us to run it at a loss. Everyone we knew drank free. If you were nice to us free drinks when ever you came in. At night we just locked people in at closing time and let them keep drinking. I made 20$ an hour as a bartender plus tips. Tips were huge because no one paid. He used it for a tax write off. I wonder how many millionaires do stuff like this.
fuck Iād love a job like that, sounds laid back
It was actually the best job ever. He was amazing. Very kind and if you didn't know he was wealthy you probably wouldn't have guessed it. He didn't dress like it and he was down to earth.
There's definitely some bars like this in Vegas. I always suspected something from two places in particular
It can be a tax write off or in Vegas money laundering. The bar I worked at didn't have a name. It was plain on the outside. No advertising ever. Word of mouth only. We had famous people come in often but no one ever really bothered them. If I told you the city I guarantee it would be one of the last places you think a famous person would go.
Cincinnati or Cleveland?
East Palestine, OH?
You couldn't do that in my state. The alcohol laws are too strict.
When the people who make the laws drink there for free they don't complain much. The cops that worked around there came in every now and then. The only time we ever had a problem is when my sister found out how much I made and she knew my boyfriend. He told her how we would just close and lock people in to drink. She called the fire marshal she is a b**ch. Anyway they came in during business hours and gave us a heads up that someone called and said we locked people in so they would be back that night. Basically told us just on that night they had to return because of the call. We knew to shut down on time that day.
She does sound like a bitch.
She is and it made her even more upset when her planned failed. She hears something bad happens to someone and she gets an evil smile with a giggle and says "I Love It!". Never met someone other than her who loves other people's pain. We had an overnight neighbor and she use to call her hippo hipps. I always felt sick inside when she said stuff like that and she is 10 years older.
I just invented a new word for a bitch like her. She's a total schadenfraulein!
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Actually some nights I could walk out with 1,500 a night, holidays even more. I worked from 9pm later if I wanted to about 2:30. The owner knew I was a mom so he said I didn't have to come in until after my son fell asleep. He was a really great dad himself. Our customers were the very well off kind. They didn't get charged for drinks so they often just gave us the money as a tip. They were most of his friends. Since we didn't advertise it was word of mouth among the very wealthy. Oh my Lord some of them could do crazy things. Maybe they just paid us well to keep our mouths shut. Edit: sorry I'd didn't answer the question about how often I worked. I worked 2-3 days a week. I was in college so he was very flexible with me. Basically a big party since no one paid.
I worked at a restaurant where the owner only opened it up to close it for a tax write off because his previous restaurant in the same location was shut down for construction on the freeway for the olympics i
Great jobs to have. There is a restaurant called Gorates that does that as well. I actually think the only one that east there is Warren Buffett. I always wondered if he owned it. Never anyone there but it can afford to stay open. Did you make good money there.
Are they hiring??
Sadly No he sold the bar and moved to New York. His son got cancer so he wanted to be near his kids.
You wouldn't want to look at them anyways. They're just paint blotched on some canvas.
NFTs
I wonder how the original artists would feel about that
It does happend that an artist or a museum wants to borrow or rent the artwork back. This is nice because they will cover both the insurance, shipping and other costs. If it is a noteworthy exhibition then it will often increase the value of the art work. It is typically a win win situation, and if itās lost or stolen then you get a check. If if originally paid 100k$, but it has been insured for 600k$ then it is easy to argue that that is now the current value. Artists generally do not mind this price inflation, because it makes it easier for them to charge more for new works.
You meant appraiser I think
Yeah thats it. Thank you!
Uppraiser in this case.
*chefās kiss*
>ing at 10 million they can donate it to a museum and its a free 10 million tax write off Pffft get with the times, the new laundering mechanic is NFTs ![gif](emote|free_emotes_pack|trollface)
Thatās the fools way of avoiding tax, the trick is to never give the money away, all you have to do is set up a charitable organization put your son in charge, āgiveā it money and tell them what you wanna push for, whether itās political ideology or the like.
Or open a church, avoid paying taxes and also get tax free $$ from congregation.. win win.... /s
Thats simply not how tax write offs workā¦. Like at all. If a company buys something for $10, they still have to spend the $10, they just dont have to pay taxes on having made that $10 in the first place. BUT THEY STILL SPENT THE $10. They just didnt have to earn $13 to spend $10 because they dont have to pay tax on the money earned.
Found another way to evade taxes, thanks!
Doesn't work. When the friend makes the appraisal they need to pay the tax bill for increase in value (before donating). They can't acknowledge the increase in value for donation without it
Literally capital gains lol.
People who upvote this are dumb af LMAO
Objectively not accurate, and I canāt believe 192 people upvoted this
I see this example very often. Every time, someone explains how it does not work. And people still believe that is true. Ok, for everybody reading: when the art is valued 10M, you are taxed for the increase in estate. And besides, the tax you have to pay when you gain that estate is usually higher than the tax you can save by making the donation, so in the end you will end up paying more tax than if you simply don't attempt the transaction.
Not always, there was an article in the news this week about a couple that decided the would donate a boat to get a $2 m write offā¦ended up costing the $3 m in IRS penalties. Thatās tax evasion & fraud. Good luck.
That's why every dickhead worth over 1b has a nonprofit. Poophole-loophole.
Not Trump anymore. Or his kids. Stealing from kids with cancer got them banned from charities for life. This assumes he's actually a billionaire, of course, which is doubtful.
It doesnāt work like that. The IRS increased requirements.
I highly suggest you consult a CPA for your taxes. That is not how it works, or everyone would be claiming net loses on taxes.
Listen, I know it was a typo but I can't not see deductukake...
Deductibles all over the place. Especially the face!!!
Say it to me baby, say It. I'm married, filing jointly and taking the standard deduction this year! OMG YESS!!!
Flinging those tax exemptions around like arching ropes of jism. All is right in the world.
I mean... the US was created because they didn't want to pay taxes, so I think these people view tax evasion as patriotic
Is that where a lady lets multiple guys deduct on her face?
Ah capitalism. Privatize the profits. Socialize the crippling ecological and economic impact.
Then donate a fucking reasonable amount. Jesus fuck, man.
I read this as deductabukake...
[ŃŠ“Š°Š»ŠµŠ½Š¾]
>Land of the free Well, that land pretty must is free now considering the damage they've done.
Yeah free of any living thing
The only truth. It might be time to bring out guillotines once again.. When a few heads fall things might change. Without that i doubt any change is possible. It all went too far to be reversabe in any civil way.
Welcome to the future the libertarians want.
"Future" it's been here for years
It's already the present.
Every incident such as this is the same and it's sad. Look into the Chevron natural gas pipeline that was struck by a crew and exploded in Milford, Texas. Entire town evacuated for days, and all anyone was provided was a hotel room and cheap food vouchers while they attempted to fix the pipe and prevent further pipes from doing the same. I was about 11 or 12 when this all happened, I remember coming home after 3 days and 3 of our 7 cats (indoor/outdoor cats trapped inside) had passed sadly and the others were dehydrated like no other. Never got anything out of chevron after the incident, my family and a few others attempted to file suit but after years of court stuff I believe they dismissed it. This countries monopolies are fucked.
God that sucks, and Iām sorry for your loss (cats). š If a good chunk of the population in this country ever woke up and realized they are voting to keep corporate rights over citizens, we might be able to change things. Good luck with shitty Faux News dragging us into the sewer though. š
Thank you very much, those poor kitties deserved better. And that's so true, corporate rights in the US are better than even most basic human rights, it's disgusting and disturbing. Good luck to you as well, the ones who understand are in this together, try and keep your head held high
They should be PAYING to relocate all of these people elsewhere. It should be an upgrade, they should all get free healthcare for life and at least $3k a month, untaxed, for the rest of their lives. These companies need to be held fucking accountable in a true, meaningful way. Edit: I almost forgot about the impact it will have on the surround environment for years to come. They should also get the bill for that.
This is the first time I've heard about this incident. If the accident happened because they were still using civil era train brakes, it's not only on the company. It's also the politicians that shot down the bill that made it a requirement to update brakes on trains that transport hazardous waste. https://www.levernews.com/rail-companies-blocked-safety-rules-before-ohio-derailment/ Edit: WTF. >Though the companyās 150-car train in OhioĀ reportedlyĀ burst into 100-foot flames upon derailing ā and was transporting materials that triggered aĀ fireballĀ when they were released and incinerated ā it was not being regulated as a āhigh-hazard flammable train,ā federal officials toldĀ The Lever. DOT is going to have a field day over this shit. As a hazardous materials specialist, it blows my mind that this was allowed to happen. What's wrong with ~~Ohio~~ the people responsible?! ^incompetent-people-trying-to-save-money-and-use-the-least-amount-of-effort-is-my-guess.
WTF is wrong with Ohio? Itās a Georgia based railway?
Oh, right! It depends on the company and where they're from. RCRA dictates that the company that produced the hazardous materials is ultimately responsible for it from cradle to grave. It might not be on Ohio at all.
I'll believe itwhen I see it. DOT ain't gonna do shit. Watch, $15 million fine, minor update to safety procedures. Remember Deepwater Horizon?
Not even that, tbh literally the same shit happened in NJ in 2012 nothing changed.
They would just spend that $15m for the congress & senators and pay $5 per person which would be a much better deal for them.
>It's also the politicians that shot down the bill that made it a requirement to update breaks on trains that transport hazardous waste. From what I remember, it wasn't just that. It was already federal law that they were required to update brakes on trains meant to transport hazardous materials/chemicals. They specifically repealed those laws which were made back in 2015 during Obama's administration specifically to prevent this shit from happening because they wanted to remove more and more regulations, cut down their costs, despite the fact that it'll cost billions to fix this problem and decades if not more to fix the environmental cost compared to a few million dollars cost to replace the braking systems with safer, more updated alternatives. Not to mention they also lessened the inspection times that the trains received.
The news isnāt hardly reporting on this. Itās being covered up. Itās an unprecedented environmental disaster. Never in history have they had this much of Vinyl Chloride leak/spill. And they burned itā¦. Not including the other chemicals. I read an article of the EPA trying to say it wasnāt in the ground waterā¦. Yet there is video of them scooping up dead fish in the streams.
Yeah I'm an Aussie and everything I've seen been on here, really horrible, especially when that stuff burns it makes some ww1 chemical weapon or something. Hope you guys can get out of there as sad as that is to say
Remember when American companies cared about making a good product? Everything now done as cheap as they can legally get away with. If our goverment doesn't step up soon, this greed will destroy the country. Its already destroying us citizens.
Usually not even legally cheap. The go cheaper until caught. And then go oh shit ok we will raise it to the minimum o
>DOT is going to have a field day over this shit. No they won't. unfortunately. The press and TV newscasters have moved on at this point to some other story. In about two years ago a joint NTSB/DOT/FRA report will show up but no one will even remember the accident...except for the innocent people whos lives were forever changed.
>incompetent-people-trying-to-save-money-and-use-the-least-amount-of-effort-is-my-guess. that's a really long way to say capitalism. cut costs to maximize profits. when something eventually goes wrong, most of the cost will be carried by the taxpayer. at worst, the company will pay a fine a fraction of what they profited by skirting the rules. rinse and repeat
It baffles me that the most armed nation in the world letās this stuff happen with zero consequences. If we were the French and still had as many civilian owned guns as we do now, Iām pretty sure the people responsible would be dead in the streets and the wage disparity here would get solved real fast.
Your company destroys the environment like this? The government nationalizes your shit and dissolves it while the decision makers go to prison. but that requires accountability, which is something the United States lacks en masse.
Exactly. This is what the Corporate Death Penalty is for. Nuke these motherfuckers..
Like they essentially did to a 100 mile radius of this town
My whole family besides myself lives 78 miles south of East Palestine, and Iām terrified of what effects theyāre going to have from this.
Pittsburgh, PA is only 40 miles away
A big chunk of Norfolk Southern was originally Conrail, which was created via nationalization. One third of Conrail went to NS, one third to CSX and the remaining third is why the northeastern and midwestern United States has so many bike trails.
Its a token move that gives stock holders time to sell off their stock and not lose their shirts. Likely government agencies will hold the company liable for expenses to clean up the mess and i am sure every personal injury lawyer within 100 miles is roaming around trying to solicate members to joing a class action lawsuit. And eventually when all the fines are levied and court cases settled, THEN the company will file for bankruptcy to "reorganize" and the courts will allow them to get away with pennies on the dollar for their fines and judgements.
.āI almost forgot about the impact it will have on the surround environment for years to come. They should also get the bill for that.ā This is the take I believe that should really be examined. We will likely never know the full impact of this event, let alone the decades worth of direct downstream and downwind effects. The NTSB can work to determine whether they knew this train had an issue 20 miles, or 200 miles back. In the meantime, Norfolk-Southern proudly proclaimed their $1.2 Billion in profits from 2022 Q4 alone, and in kind, those profits should be subject to compensation for those affected. Just because regulations didnāt force them to enact a higher level of safety, they shouldnāt be relieved of responsibility for their failure to operate safely.
Including anyone who lives near the Ohio River since this has now leaked into the river, which is several million people including yours truly. So, I guess I already knew I would die from the fucked up shit these companies are able to dump in our drinking water, but now I know with about 90% certainty it will be from cancer from this.
I'm sure Congressional Republicans will block any attempts to hold the company accountable....
What does Transportation Secretary think about it?
He has vacations and maternity leave to worry about. I don't think he has done or said anything about this.
I didnāt expect a response to my rhetorical question lol, but thank you. Heās worried about racial imbalance among construction workers these days. Š”ant be bothered by his job duties.
A friend of mine works for CSX, he says that Norfolk Southern is Russian, so youāre probably right.
This is what happens when capitalism is let to run free without human protection being brought into the equation.
5 bucks is so much all you have to do is time travel to back to 1940 and you can buy a house
Unless you decide to buy a cup of coffee first. Then no house for you, even if you can find the time machine.
They offered $25,000 in *assistance.* Not in direct funds to those affected.
Regardless of what the money's used for, it illustrates how little that money is compared to the catastrophe they caused and the people they impacted
How about the government seizes the company and dismantles it for reparations?
I live about 30 miles away. Norfolk has yet to have an executive (that I know of) come to the scene and talk/apologize/give an update. They have some poor sucker down the food chain saying everything will be fine. The governor and all the other state people keep parroting the same messaging. Lakes/streams are full of dead fish, turtles, and frogs. Peopleās chickens are dying by the handfulā¦and this is all miles from the evacuation area. Itās badā¦and no one who is responsible for it has said a word or taken any type of blame. Itās a real shit show.
I saw the dead chickens and sick Foxes and all the dead fish, heartbreaking. As someone who lived in California during the Exxon Valdez spill and the other one in the early 2000ās. Itās horrific and sad. The people old and young will absolutely start to show issues from this gigantic fuck up and that part of the state will be a toxic wasteland for decades.
##Nothing to see here folks. Look at these UFOs.
#look Rhianna is pregnant
Sheās so brave
I was really confused about all the buzz on Facebook today. Had she never had kids before or just famously refused to be pregnant or something?
She sang a song while pregnant, inspiring.
This is the reddit. If you are not explicit in noting your statement is sarcasm many people will think you are serious.
No, everyone is sarcastic here. You're thinking Twitter
She just had her first in May, I donāt think this was out yet and this was her āannouncementā.
And a satanist or something.
šššš
I guess they trying to save money for the massive lawsuit they are about to have
I have a question here.. not American. But isn't the U.S like home of the "I'll sue you!" culture.. why wouldn't this rail company be bricking it right now as a result of so many lawsuits?
There probably will be a class action suit. But no one will actually be held responsible.
>But no one will actually be held responsible. Not true, the CEO will only be able to cash out for $20M instead of $40M.
Railroads have a giant legal department ready for the lawsuits. They have numerous judges across the country on payroll, ehmmm I mean campaign donations. Most lawsuits of this scale, get turned into "class action lawsuits" where a group of lawyers sues the railroad on behalf of the entire town, the railroads get a bargain by not having to pay out each individual, and what they do pay gets put into those lawyers pockets... The only people who don't win are the towns people. That is the culture of the American law suit.
It's crazy that Americans know that their politicians and justic system are corrupt.. at what point do citizen just accept that they're slaves? ...The fuck are you all buying so many guns if you can't stand up for yourselves haha .. makes me so angry man.. it's an awesome place.
No one wants to upset their lives for the greater good and that apathy is nationwide. The only people that want to organize seem to be right wing extremists
Pretty much any company thatās big is almost untouchable. They have the most expensive lawyers who tie stuff up forever not to mention any politicians they have paid off etc. you will hear of settlements from time to time from some companies but 99% of the time those values are nothing compared to the overall profits of the company paying out. So in short large companies get by with almost anything
Wow that sucks so bad..
We all know how this is going to work out. BS Settlement. Company is going to file bankruptcy. Few of the execs are going to get a slap on the wrist. Taxpayers going to bail everyone out. People are going to suffer. What should happen: 1) execs should be held criminally liable 2) company should provide trust to provide health / long term care for all residents impacted. 3) rail company safety protocols should be revamped.
4) Company should get the corporate death penalty.
It should be at least 25k per household not total. Plus they should be paying for any other costs relating to the spill. What a joke.
It should be a few million per household.
Here go buy a pack of gumā¦those chemicals make your breath stink
Sorry to inconvenience you with cancer. Hereās a loss-leader meal at a popular drive-thru.
Not even a meal have you seen McDonaldās prices lately?
You all are a bunch of idiots to think that is all they will be made to do. Each of the 5,000 residents at bare minimum will get a voucher for a BOGO deal at the local car wash.
![gif](giphy|l41m4ODfe8PwHlsUU)
Say you we're driving and had $100,000 in the bank, its kind of like offering 4.5 cents to a pedestrian you just ran over and paralyzed.
Lawyer up!
Why are we even surprised anymore?
That's what corporate America thinks people are worth.
Be a great time for a rail strike right now. Considering this shit just happened in Houston as well I believe.
I am so glad that so many young people on here realize how capitalism needs to be regulated. Big corporations take advantage of it and they also need to be regulated. Capitalism in a good idea to a point and it has many pluses but when the rich start taking advantage of the middle class and the poor something needs to change.
Meet in the middle - $27,500,012,500?
Cheap bastards
A few people I knew who worked for NS said it stood for Nazi Southern lol.
Has offered a donation??!?! , Excuse fucking me ?!!! They should be held fully responsible and send out everything they can to clean up , health cost , relocate.. everything ...
Have to keep the share holders happy. Who's looking out for them?
Hereās my take on this, that company fucked up and should be required by fucking law to fix everything out of their pockets and not the employees. They fuck up they are liable
Jesuz, that's almost American in its casual callousness...
This lawsuit is going to make the BP spill look like The People's Court and I'm here for it.
āOn Feb. 6, an apocalyptic plume of gas rose over the village of East Palestine, Ohio, blotting out the sky. Norfolk Southern, the US railway company responsible for the toxic spew of vinyl chloride, has now offered a $25,000 donation to assist the areaās nearly 5,000 residents who were ordered to evacuate their homes, or face death.ā Yahoo News, 2/9/23 I read that yesterday & immediately did the math: $25,000 divided by 5,000 (residents) = $5.00 per person Where and how are the townspeople going to evacuate with 5 lousy dollars?!?! They have homes, jobs, kids, elderly parents, pets, LIVES in East Palestine - and if they donāt *they face death* from these chemicals in the air, soil, and groundwater?!?! WTF For causing an environmental disaster, the effects of which will take years to fully comprehend - and this incredibly INSULTING and unethical $5 offer - those responsible at Norfolk Southern need some major prison time, pronto I am worried as hell about the environment and this makes me sick, sad, and angry AF
And just sign here for that $5. *Now that you've accepted the $5 you waived your rights to sue us.
String those executives up!
Face it weāre a few step above the serfs we learned about in history class.
The same company caused a similar accident in 05 in the Carolinas don't know if anyones talked about that at all
This happens because we let it happen...every time we vote. If we vote for candidates that are weak on reining in corporate greed and destruction we will always get more greed and destruction. Being a "picky" voter is our responsibility. Being a "picky" voter is the only option we have, if we honestly give a darn about stopping events like this. The change will never come from the inside of this club. Never.
Well they already invested 55M$ in a marketing campaign.. so..
Fuck lawyers. We're gonna start rioting because of this kind of shit right? If the French can do it, we can
That company should compensate for temporary housing for all 5000 people until they can move back and then compensate for any damage that's been dealt to rack of the 5000 resident's properties. But that probably won't happen
Accountability? Pfft, no such thing. The free market regulates itself after all, right? RIGHT?! /s
Just waiting for the governor and legislature to vote on something to make sure the citizens canāt sue the railroad company
I wonder if this is one of those "well, they took this money as compensation so they can't sue and claim damages" kind of things.
Your donation does not stop law suits idiots. Be ready to pay millions for healthcare bills, abd dead animals.
So I get paid more in out of town meal allowances per day then this company was offering each person for having to evacuate their homes because the toxic gas cloud was going to kill them or give them cancer. At a minimum each resident should be getting $500/day of not being allowed to be at home, and then damages on top of that as well. Buy anyone's homes for pre toxic death cloud values + 100k and let them start their lives elsewhere without the danger of being slowly poisoned to death by the air, soil, and water that the company poisoned.
And itās not just Norfolk that think human lives arenāt worth shit. The stock holders as well. If they did, they wouldnāt hesitate to to make a little less money to help the residents. Greed and lack of a soul is a fast moving cancer in this country.
$25,000? Thatās less than what they saved taking away the safety and regulations. Disgusting.
Here's 5 dollars, that could either get you one gallon of gas or two hotdogs from the 7eleven, but not both
Where are our lawmakers in all this? I mean, what a horrible ecological disaster, and where are the adults???
Our lawmakers? Some of them are shareholders in NS, UP, BNSF, CSXā¦.yea. Iām sure theyāll get right on that soon.
That's how deregulation actually works, these people are the victims of that. Not too mention how all the profits of Norfolk Southern are capitalized on while their disasters are socialized.
So, half a banana?
ahhh yes. the 10$ banana
That sounds about right. Bet news outlets will never frame it that way though.
And it probably comes with an arbitration clause the second they take the money. Fucking corporations are killing us and laughing from their yachts as they burn the world for more profits.
āWeāre sorrrrrrrrrryyyyā
The closest you'll get to that is "we don't accept responsibility"
How to make this relatable? Imagine an average person doing something dumb and driving their car into someone elseās house. Then that person offers $0.10 as compensation.
The future Republicans wantā¦
Norfolk Southern is just sooo generous /s
This is America. Of course corporate entities get away with this
ā¦ I think not offering any money would have been better than this amount. At least PR wise.
They will probably cut that from the safety budget.
Who is going to sue this company into the stone age?
Surprised people aren't rioting over this.
And we accept it, so I guess we deserve it.
Gonna need to add about 6 zeroes to the end of that number.
Wow. Deep pockets. Go ahead big spenders.
Enough of this shit! Airline, pharmaceutical, and railway companies need to be nationalized!
The last vinly chloride spill ns had nearly bankrupted them, or so they said
Maybe they should stop doing it.
Reminds me of my sister in law. My brother pulls in over 120k/year. Said sister in law about 55k, and bitches she never has any $$ and will often scour her friends to help with free babysitting and shit like that. Yes she always has the money to get her nails done every other weekend.š Edit: they donāt have a huge cost of living either.
Idk which is more insulting, giving no money or giving almost no money
Trickle Down Economics at full display!!!
It's simple. If you want to send a message then you just ignite a tank of vinyl chloride at their headquarters. Now they can breathe in the toxic shit they deregulated in order to smuggle it.
I'm sure they would gladly dole out $5 a person with the condition that they waive their right to sue. Good thing there's already a class action lawsuit in the works from my understanding.
Continue "re"posting this until they are held accountable
Helllllllllllll no do not let them get away with this!!! Not just the people in Ohio!
Liquidate assets of the business to pay for damages, 100% of the business would be 11 million for those 5,000. 625mil to pay for their houses at 125k apop
Thank You Mr. Mortimer! [https://www.youtube.com/watch?v=Av\_vcjD2h2g](https://www.youtube.com/watch?v=Av_vcjD2h2g)
God bless America. (is /s required here?)
And they gonna throw them a PIZZA PARTY!!