Southern slave owners remained politically powerful after the Civil War. In Texas, former slave owners made up more than half of all state legislators until the late 1890s. Counties that elected more slave owners had substantially worse outcomes for blacks until the early 20th century.

https://www.cambridge.org/core/journals/journal-of-economic-history/article/abs/long-shadow-of-slavery-the-persistence-of-slave-owners-in-southern-lawmaking/98B62393860C0F1B5A6E3A9F870F8C61

Cotton was still an important crop, even if they couldn’t produce at the same ridiculously high margins as when they had slaves working the fields. If you still had the cotton fields then you still had a means of accumulating wealth (and thus power). They also had the wealth accumulated during legal slavery, wealth creates more wealth. They had wealth to buy slaves and farmlands before ie they were wealthy to begin with. The georgia colony trustees didnt give out 5000 acre plots of land on the savannah river to colonists from english debtors prisons.

Here, the settlers would have to conform to Oglethorpe’s plan, in which there was no elected assembly.… Continue reading

Suspicions …

https://i.redd.it/75z7ga09y0e81.jpg
Dan Price @DanPrice Seattle Suspicious how everyone blames the rising cost of a burrito on workers getting a $1 raise but not the fact that CEO pay has gone up 1,322% in the last 43 years. Last year Chipotle gave its CEO a $24 million raise and paid him 2,898x more than their median employee. 3:25 PM · 2022-01-25 · Twitter Web App

So you mean all those forgone avocados were for nothing?!

you commented about how nobody forces us into debt, and we all made a choice to take on our debt.

I want to help you, and anyone else browsing this thread who thinks that way, understand why that line of thinking is both wrong and unhelpful.

With the obvious disclaimer that my situation doesn’t apply to 100% of student loan borrowers, I’m willing to bet that what I’m about to describe is an extremely common thread among the majority of us, especially those of us who are a little older and who started college in the early 2000s when things were just getting worse.… Continue reading

Capitalism isn’t much fun

It boggles my fucking mind how we lost gamers to the right. Capitalism is the biggest cause of the decline of gaming. Microtransactions, gambling addiction loot crates, pay to win, selling games in piece meal snipets, charging full price for flawed garbage that will “get fixed later”, relying on the community to fix their shit for free(looking at modders and Bethesda), monopolistic growth removing competition and thus reducing quality and innovation, etc… Like gaming is a microcosm of the absolute failures of Capitalism. Everything wrong with Capitalism shows up in the gaming world. And all gamers think is “Look how feminism and diversity is ruining my video games!”… Continue reading

You gotta listen to the medical experts

Too many people – especially the “free-thinkers” – don’t stay in their lane. I do not profess to have enough knowledge of immunology to read the studies and understand them. However I am in a lucky position to have access to well trained medical doctors that do have an in-depth understanding, read these studies, and are up-to-date on the latest information. I trust these experts and ask them questions to help guide my actions concerning the vaccine, wearing masks, etc. I wouldn’t trust my dentist to tell me how to fix the transmission in my car. I trust my mechanic to do that.… Continue reading

Suddenly, it made sense that Trump went to Wharton.

Average isn’t even the number you should look at.

The median number is 34,000.

The median is lower than the average because the top earners earn more than a normal distribution.

What’s even more fun is that billionaires and top “earning” millionaires won’t even be on this list because they record $0 income. The average would be even higher with total earnings.

They make their money (or just support their life style) from moving around assets and selling assets which is not taxable income, it’s “capital gains”. And a lot of times shell companies are used to avoid taxable events. It’s all a big “legit” scam.… Continue reading

Trump White House records are now in the hands of Jan 6 committee

https://www.independent.co.uk/news/world/americas/us-politics/trump-capitol-riot-committee-records-b1998102.html

It’s an absolute travesty they were able to delay this for as long as they did and it had to involve the Supreme Court to issue a ruling your average joe could have figured out.

SC never ruled on the merits per se, they just blocked a stay of the lower courts ruling, in effect not taking up the case. The lower court had essentially issued a scathing opinion that who is Trump to try and exert Executive privilege opposite to that of the current Executive branch. Roberts agreed at its ridiculousness. Trump never stood a chance and it only took a few months overall, which is lightning quick.… Continue reading

Trump’s tax cut overwhelmingly helped the middle class.

What’s funny is you’re right. Trumps tax overhaul (while OVERWHELMINGLY helping the rich, especially by lowering the corporate tax rate to 21%).

It did also help middle class people by raising the standard deduction and reduced tax brackets somewhat.

But oh no, the business benefits are permanent while the middle class benefits expire in 2025.

What’s that? The only reason the middle class got anything at all was that Democrats threatened to filibuster at the time.

Again what have republicans done for the middle class that you or anyone would believe they are on anyone’s side but the very rich?

When lower class people get money, they spend it.… Continue reading