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gizamo t1_j22niub wrote

Reply to comment by Ronbergs in Google Employees Brace for a Cost-Cutting Drive as Anxiety Mounts by Brook030

Tbf, there are many industries that have more to fear from Democrats, and rightly so. For example, Oil and coal companies, tobacco companies, medical insurance companies, hedge funds, etc.

Basically, any company that's built on harming average citizens should probably prefer the GOP for the next couple decades.

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Ronbergs t1_j22pbyu wrote

Very true. Although its not quite so black and white on the side of dems. There are still too many Dems who support all those things. It is mostly repugnants that support that nonsense though.

I feel like if all these other companies stop supporting GOP then the GOP wont stand a chance. Im shocked that this hasnt happened tbh, with the stakes being what they are.

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gizamo t1_j22qmol wrote

Indeed. I agree on all of that, except I'm never shocked when corporations choose short-term interests over long-term interests. For many, if they can cling to their greed for just a bit longer, they consider that a win.

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orbital-technician t1_j22s3ka wrote

Oil is required for most plastics and met coal is required for iron smelting, so I doubt either is going anywhere in our lifetimes. Sure, energy sources will be diversified, but we can't abandon either industry today or the foreseeable future.

Tobacco might go away. Medical insurance should go away. Hedge funds will exist, as they are simply active investment groups that "hedge" risk. Leveraged and derivative investments might be more highly regulated and less common.

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gizamo t1_j22t2a8 wrote

I agree with all of that. My point wasn't that any are going away, only that their lives would be much harder if Dems got their way more often...oh, except medical insurance; I agree with you on that as well. I was suggesting they could disappear.

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Dptrouble t1_j233o8w wrote

Almost like profiting off of hurting people shouldn’t place you in a protected class.

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Wotg33k t1_j233wn0 wrote

Almost like profiting off hurting people is fucking wrong and the opposite of what we founded the nation for.

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tickleMyBigPoop t1_j24haai wrote

> Oil and coal companies

Right now the average price of petrol in germany is 6.802 USD a gallon. In the USA the average price is 3.159 USD per gallon. In a oil heavy state like texas it's 2.751 USD per gallon. US gas prices being as low as they are is purely due to domestic production in the americas and massive refinery capacity.

Tell me which price point harms poor people more. But with your logic lets just ban all oil and gas companies from operating in the US surely we'll be better off.

>hedge funds

i can see you have no idea what hedge funds actually do, hint it's in the name. Hedge funds don't hurt people, they simply hedge against risk. If you're one of the few workers with a pension and the market waters are bearish you better hope your accounts are managed by a hedge fund.

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gizamo t1_j251p86 wrote

Tell me you entirely missed my point with illogical bad-faith arguments.

> i can see you have no idea what hedge funds actually do.

I can see you have no idea how to view a person's history. I've been actively trading since the '90s, and I've been contracted as a programmer by multiple hedge funds.

> But with your logic lets just ban all oil and gas companies from operating in the US surely we'll be better off.

Jfc. Was that warm up mental gymnastics for you, or is the peak of your absurdity? Smh.

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