Billionaire Leon Cooperman was on the verge of tears while speaking about his concern about “the lefties” and their progressive outlook on capitalism....
"...my father came to America at the age of 12 as a plumber’s apprentice. No education.”
“I went to public school in the Bronx, high school in the Bronx, college in the Bronx. I started my career in Wall Street the day after I got my MBA from Columbia. I had no money. I couldn’t afford a vacation. I made a lot of money. I’m giving it all back...
I'm imagining the cost of living that allowed his father to live on the salary of a 12 year old who worked as a plumbers assistant. I'm also imagining that this billionaire probably went to Bronx Science (a free public school now where attendees likely have paid for test prep to do well on the entrance exam, out of reach for a lot of NYC public school students). If he went to college in the Bronx, it was likely Fordham - the 2023 cost of attendance (tuition plus fees and books) is now $89,575. For an MBA from Columbia, their cost of attendance (which includes room and board) is now $127,058 in 2023.
He cannot make the connection that COL and earnings have grown exponentially since the time his father was 12, yet wages haven't. Does he not see that very few students would be able to go to private universities for undergrad and grad schools and service their debt with current wages? How many graduate and immediately start working on Wall Street? He's probably against WFH, too, solely seeing the benefit to his commercial real estate portfolio and ignoring the commuting costs and work life balance issues for the workers. The world capitalism gave him and his father is gone. At this point it's as real as ghosts and dreams. We are dealing with the current world that capitalism has given us, a capitalism that only a billionaire would cry over.
Spotify plans to raise prices this year and introduce new plans - GSMArena.com news (www.gsmarena.com)
As apparently, this move is made to target audiobook listeners and podcast listeners, can I recommend audiobookshelf.org...
Be an underpaid babysitter for a rich fuck! (lemmy.ml)
Seriously, “Ensure the CEO sleeps before a certain time”...
Billionaire close to tears amid fears of "lefties" like AOC, Bernie Sanders (www.newsweek.com)
Billionaire Leon Cooperman was on the verge of tears while speaking about his concern about “the lefties” and their progressive outlook on capitalism....