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So you’re saying as long as it happens once a quarter or so, the stocks will remain too low to sell…
But they could still sell and decrease their taxable income for the amount lost, meaning they will effectively always have about 37% of the value no matter how low the stock falls.
And if they turned around and performed a stock buyback when its low then if ever the “revolutionaries” fail that quarter or fall out of popularity then the shareholders could be looking at incredible profits.
This is a political problem that can only be solved by engaging in politics.
Depose, deny, defend
Think deeply about the state monopoly on violence and what purpose it serves. Consider how non-violence has been used to cull and mitigate the effectiveness of movement politics since the civil rights movement, where a class of “liberal” white moderates gets to decide what is acceptable or unacceptable as protest, while they themselves have never and will never participate in any kind of meaningful involvement to increase the sphere of rights for all people. Understand why the grievance politics of the right have been so effective at splitting the white working class from other members of the working class, that the white working class is also abused and broken to the wheel of this system, even if their critisism of it are misplaced and ill informed.
It’s simply not true that Canada’s health care costs less than $63 billion. The actual number is closing in on $400 billion ($372 billion for 2024).
And it also should be noted that there are severe problems with our health care system. Severe nursing shortages and very long wait times for a lot of critical care, long wait times to see specialists, etc.
That’s per year, it’s been less than 2 months since the event, the meme appears to be accurate in that way.
Sorry, when someone says “more than it costs Canada to fund its universal healtcare”, I guess we most commonly think in total, like years or something. So I find this unintentionally misleading
It literally says “since Brian Thompson died”
Also for only 40 million people
That’s the population of Canada
But not of the USA
Not every person in the USA has insurance through United Health, but according to their own website, they “provide care” [sic] to 7.7 million Americans.
We got there in the end. Good work boys.
Because funding of literally every other ongoing thing doesn’t occur over time?
Thank you for fact checking. Misinformation is damaging no matter where it comes from.
Our healthcare only has those problems after alot of cuts. When it used to cost more, it also used that money more efficiently and effectively. The cuts made it far worse than the respective amount of money “saved”, redistributed to worse projects is more accurate.
And a lot of it is due to conservative meddling and wanting to privatize everything. Private clinics still receive public funding… and more of it than public hospitals! This is one reason why it is getting more fucked.
There’s way more to it than that. Health care in general just costs way more now than it used to. Everyone involved has to be paid more. There’s new equipment that costs millions of dollars and new drugs that cost thousands of dollars.
I asked my doctor about some drugs I saw being advertised on TV (while watching NFL broadcasts from the US) and he said a lot of these drugs aren’t available in Canada because they cost tens of thousands of dollars a month and our health care system simply refuses to pay for them.
They don’t cost tens of thousands of dollars, they charge tens of thousands of dollars.
Are you saying Luigi should visit the pharma bros next?
Kind of, the main issue is that COVID led into boomers getting old and sick in one fell swoop. No healthcare system in the world is adequately to handle a pandemic and then aging boomer surge.
Nurses and doctors were asked to do more than they ever have before and many just retired early or quit so there are shortages everywhere.
The for profit aspect in the US just magnifies the issue locally.
US healthcare has all those problems and on average costs about twice what any other country spends on healthcare
Costs patients that money. Real countries with real healthcare aren’t bankrupting the citizenry by extracting wealth for healthcare, that’s 'Murica, LLC.
USian here. We have nursing shortages and long wait times as well, and the private equity fucks taking over our system are always looking for ways to make it worse for more money. One thing they’ve been pushing lately is trying to widen physician/patient ratios, so that doctors spend even less time with each patient.
Because that worked so well with public schooling…
Huge W. Let’s keep this going!
I don’t know if this is true, but I really hope it is.
I believe it’s true in the sense that the market cap had decreased by an amount equal to what the Canadian healthcare expenditure was for that duration of time.
It’s not true in that market cap isn’t directly the company’s money - it’s just the sum of share values.
Same, what i can tell you is I really don’t pay very much of my taxes to healthcare.
In fact, very little, because 1/3 of our municipal and provincial budget goes to the police 🙃
In the time you typed it you could have looked it up?
Edit the point is something like this is important and instead of believing a meme, you could verify for yourself and ensure misinformation is not propagated. Turns out this is largely accurate but a meme isn’t how I was convinced.
smd
Don’t be a dick
🙏👍💀
Anyone else remember when the math came back and universal Healthcare would have saved the US like $11,000,000,000 every year or every 10 years or something.
Anyway, they chose not to do that because Citizens United made bribery legal. They did pass a republican Healthcare plan that didn’t actually change anything. Just made it easier to pick who was gonna fuck you and how hard on a convenient website maintained by GovCo.
11bill every 10 years is actually not a lot saved for a nation as large as the US lol annually makes more sense. Either way curious to see the stats
It would be 11 billion dollars cheaper than what we currently pay to not have universal healthcare.
Our governments literally spend more per capita not having universal health care then it would cost if we had it. Your tax dollars are being used to fund a system to turn your health care into a wealth getting scheme.
Less health care is delivered and it costs more when it gets there. No one saves any money in this system.
Dude I am supportive of those changes and I actually imagine it will save more than that. Are y’all incapable of reading further down threads? The skepticism is that it seems low
Objectively better by every metric as proven by every actual modern country in the Sol System. AND it’s cheaper.
“Either way curious to see the stats”
Do you even hear yourself my guy?
I’m not sure what all the hostility is about given I am inclined to think the savings are actually more and I would like to see the information. I want to know what you’re citing because I think it’s interesting not because I am skeptical, and I agree it’s a better system that will probably save money so having the information is probably a good thing?
Point your guns elsewhere dude, same team
“Brian helped build this company and forged deep, trusted relationships for over 20 years, and the positive impact he had on people will be felt for years to come,” Chief Financial Officer John Rex said.
Fuck right off
So…I can only assume all the people he developed those relationships are really rethinking their priorities in life now right? Right?
Maybe they could ressurect him and we can watch Luigi shoot him again.
The ceo isn’t really in control. The board of directors is. And even they are subject to “democratic” elections by the shareholders. Just happens to be the same people on the board who own a large portion of the shares, in most cases.
Just thinking… isn’t capitalism neat?
Since I don’t get my news from memes:
https://finance.yahoo.com/news/unitedhealth-lost-63-billion-value-183122649.html
I get my news from memes, but I appreciate the source confirming it.
Thank you for verifying the source so I don’t have to.
- Meme news.
- Meme currency.
- Meme political campaigns.
- Meme advertising.
- Meme reality, or: our current cyberpunk dystopia.
if they’re not out of business, it’s not enough of a loss.
completely unrelated but who’s the new ceo just out of curiosity?
Funny you ask, they just picked Tim Noel
乁(סּ͡͡෴סּ͡͡)ㄏ̸/̸̅̅ ̆̅ ̅̅
Hey now, let’s give him a chance to prove he doesn’t deserve to get iced like the last guy
“Lets allow this new fox into the hen house, surely he won’t be as bad as the last one!”
Perhaps he will eat fewer hens
nah
I’m not defending our shittacular healthcare, but Canada has about 40 million people while the US has about 341 million. Slight difference in scale.
Well let’s look at per capita costs then. Canada’s universal healthcare has a cost of around $1500 per person and covers everyone.
Medicare/Medicaid covers ~60 million Americans and costs 820 billion a year for a cost of $13600 per covered person or a total of $2440 per capita in taxes. There is no rational reason why 820 billion can’t provide universal healthcare to every American with change to spare.
Proceeds to defend thing you’re “not defending”…
OK, so a singular healthcare provider out of how many? lost ~10% of the total amount it would cost to provide the entire populace of the united states with universal healthcare on par with Canada’s - which is already more expensive than it needs to be thanks to US propaganda.
Doing the math, UnitedHealth’s net worth before the bullets was very close to enough they could provide universal healthcare to all of the US alone.
This is also referencing only one health insurance company whereas under single-payer healthcare there would be many made irrelevant, I think the comparison is made just to add that sort of perspective
While everyone is understandably happy about this, I have to wonder if UHC’s competitors gained value at the same time. Because I could absolutely see investors dumping UHC because of its reputation now but continuing to invest in insurance companies, just moving their money. Selling off UHC stock to buy Anthem stock.
One would hope that would be a risky move. Other CEOs could be next if there are copycats. They should invest more in the military industrial complex. Those CEOs don’t get assassinated, they do the assassinating. Much safer bet.
I’d still like to see the data if anyone has it.
Wait can we use the stock market to bet on the next dead CEO? Brian gets murdered, Anthem goes up. Buy anthem, anthem CEO gets murdered, sell anthem (faster than the other idiots doing this) and buy a different company?
“WE CAN’T AFFORD IT!!111!!11”
500 of which is going to AI infrastructure…A.K.A automated police state to prevent any wrongthink.
