Unemployment thread

[Anybodyhome]

1 hour ago, Davidson Deac II said:

I have heard just the opposite.  They are doing everything they can to keep it opened up.

 

The majority of connection issues general are at the destination for the connection.  For example, if you are streaming movies from netflix or amazon, they are probably getting to the max they planned for.  Some are with the home environment.  In other words, the bottlenecks.   Relatively few are with the pipe in between, although there are certainly more issues with that than in the past.  

The elimination of net neutrality is hurting a lot of home users. ISP throttle bandwidth for a number of reasons:

Network congestion

During times of heavy internet use in a single area, ISPs sometimes throttle everyone’s internet in that area. This makes it so all customers can at least access part of the network instead of some houses on the street having perfect service and others not being able to connect at all. This is most likely to happen during peak use hours from about 7:00 p.m. to 11:00 p.m.

Data caps

If you notice sluggish internet speeds toward the end of the month, it might be because you hit your data cap. Some ISPs limit how much high-speed data you can use in a billing cycle, and going over that cap can result in some bandwidth throttling.

Everything you do online—from loading a web page to streaming your favorite show on Netflix—uses internet data and counts toward that data cap. ISPs usually offer a way to track how much data you’re using through an online portal so you can monitor your data use and make sure you don’t go overboard right at the beginning of the month.

Any ISP that has a data cap has to include that information in your service agreement. So, if you’re experiencing throttling, take a look at your contract or call customer service.

Paid prioritization

Sometimes ISPs throttle certain internet applications—like Netflix or Hulu—to discourage you from using them (and maybe to convince you to use their own proprietary streaming service). It’s fishy, we know. An ISP could also throttle internet service where specific websites are concerned if the ISP wants that site to pay for faster load times.

There are also instances where ISPs throttle certain types of data because it simply takes up a lot of bandwidth (even though you’re already paying for it) and puts pressure on the network. This could happen with large downloads or torrents.

All of this is good for the ISP’s pocket but terrible for consumers. And paid prioritization used to be illegal until net neutrality laws were repealed in 2018.

[4Corners]

 

[Bytes]

22 minutes ago, Ready 2 Win said:

Folks are gonna learn to get out of the US for education. A BA degree is nothing more than a HS diploma these days! In many places like Spain or Portugal you can go 100% free. So many other places in the world even without a scholarship for being a Native English speaker  you can attend for less than 2,000 USD per year.

I was born and raised in and around Raleigh. And ALL of the people I grew up with are still int he same area..still doing the same things, meeting the same people and living the same life. If i wish anything on the young people of today...it is to get out of the US and spend at least a semester if not several years in another country. 
 

Complete agree about college. US citizens are getting screwed with Education debt. As well as healthcare. 

[LinvilleGorge]

Just now, 4Corners said:

 

I posted something similar on FB last week. The average American is constantly lectured by financial types to have months and months of expenses on hand in cash. Meanwhile, approximately 17 minutes into social distancing protocols big businesses were lining up for their bailouts.

People who claim that we have corporate socialism aren't correct. Only losses and risks are socialized.

[Tbe]

9 minutes ago, LinvilleGorge said:

I posted something similar on FB last week. The average American is constantly lectured by financial types to have months and months of expenses on hand in cash. Meanwhile, approximately 17 minutes into social distancing protocols big businesses were lining up for their bailouts.

People who claim that we have corporate socialism aren't correct. Only losses and risks are socialized.

Exactly. Businesses should be able to setup a tax exempt fund (like our retirement funds) that is limited to 2x yearly payroll. They can store money there tax free and use it only for payroll when times get tough. 
 

The incentive to potentially save their biz one day would be incentive enough to take advantage of it.

[DeAngelo Beason]

4 hours ago, 4Corners said:

Sending positive vibes to my fellow huddlers in this time of need. Remember how you feel and what is going on when the election rolls around. We can change things. 
 

I'm still all in on it.  Beats breadlines and dictators.

[LinvilleGorge]

Just now, DeAngelo Beason said:

I'm still all in on it.  Beats breadlines and dictators.

We don't have capitalism though. The deck is stacked heavily toward big business success because they're the ones with the ability to fund political campaigns and hire professional lobbyists. That's not free market capitalism. Your vote only matters on election day. Their dollars dictate how those elected officials vote in session. That's not democracy.

[Harbingers]

51 minutes ago, LinvilleGorge said:

I posted something similar on FB last week. The average American is constantly lectured by financial types to have months and months of expenses on hand in cash. Meanwhile, approximately 17 minutes into social distancing protocols big businesses were lining up for their bailouts.

People who claim that we have corporate socialism aren't correct. Only losses and risks are socialized.

People need to realize though. It’s not just about saving the corporations. It’s about sustaining employees and the way of life Americans are used to. Ya they aren’t perfect obviously. I mean hell delta gave all their employees a substantial  raise earlier this year.

I think a good way to put it, a flight of 100 people, 99 people go to costs, 1 person is profit. On average combined US carriers make 10-15 billion in profit per year. Ya a poo ton of money.

But you have to think they spend between 2-5 billion dollars an airline on fuel a month, I use this example because it’s the simplest. Another example United alone spends a billion dollars a year on just pilots. 1.2+ billion on flight attendants and that’s just on plane employees. Deltas total employee cost was 11B~ last year, for example. 

With barely any flights happening but still having to pay all their employees, airport costs, plane costs, housing costs, airport upgrade fees, etc etc etc the list goes on. The 3-5~ billion in profit for a big airline will get eaten up in less than a month. Even if they just had 50 billion sitting in the bank a piece that’s still only 4-6 months realistically. 

On top of that. For the fourth year running delta has given their employees a billion dollars in bonuses. Their CEO has decided to forgo sixth months of pay since this pandemic started. A lot of other airlines followed suit. 

“Delta employees earned the $1.1 billion payout for their role in delivering record-breaking operational and customer satisfaction performance as well as strong financial performance.” So delta gave 1.1 out of their 4.87 profit back to employees.
 

———

Let me be clear, I’m not defending big businesses or their bailout. Or disagreeing with Linvilles statement. Just putting up facts of what’s happening in their world. 60 billion may seem like a lot of money. But on the flip side those airlines can keep all their employees employed with this and be able to hit the ground running when normal operations resume. Note: This is only addressing the airline industry.

• “The bipartisan coronavirus aid package offers $58 billion to the nation's airlines, split evenly between loans and payroll grants.
• The coronavirus bailout package, which aligns with requests made by US airlines, would prohibit stock buybacks and share dividends for at least a year after the loans have been repaid. It also restricts executive compensation.
• Airlines would be prohibited from laying off or furloughing employees through September, should the crisis for air carriers continue past then, effectively protecting "hundreds of thousands of jobs," one union official said.”

[Harbingers]

35 minutes ago, Tbe said:

Exactly. Businesses should be able to setup a tax exempt fund (like our retirement funds) that is limited to 2x yearly payroll. They can store money there tax free and use it only for payroll when times get tough. 
 

The incentive to potentially save their biz one day would be incentive enough to take advantage of it.

This should just be a law for any business over 50 employees. 

[4Corners]

16 minutes ago, DeAngelo Beason said:

Beats breadlines and dictators.

The pure irony of this post and the fact that the poster is oblivious to it is incredible. 

[CatTower]

Let the businesses fail, this is ridiculous that we have to bail out companies who are paying their CEOs an average pay of 271-1 worker ratio.  You're telling me these "genius CEOS" who are worth 271 times the average worker's pay can't figure out how to save enough money for a 2 month shutdown without crying for bailouts?  

[DeAngelo Beason]

13 minutes ago, LinvilleGorge said:

We don't have capitalism though. The deck is stacked heavily toward big business success because they're the ones with the ability to fund political campaigns and hire professional lobbyists. That's not free market capitalism. Your vote only matters on election day. Their dollars dictate how those elected officials vote in session. That's not democracy.

We aren't a democracy.  We're a republic.  Democracy is a tried and failed proposition, time and time again as history has shown us.

I will, however, agree that we are living in a corporatist economy.  Corpoaratism is socialism.

[Harbingers]

4 minutes ago, CatTower said:

Let the businesses fail, this is ridiculous that we have to bail out companies who are paying their CEOs an average pay of 271-1 worker ratio.  You're telling me these "genius CEOS" who are worth 271 times the average worker's pay can't figure out how to save enough money for a 2 month shutdown without crying for bailouts?  

So your let millions of employees lose their jobs and retirements/pensions, too?

[CatTower]

1 minute ago, Harbingers said:

So your let millions of employees lose their jobs and retirements/pensions, too?

As opposed to putting future generations in chains?  Yes.