Tag Archives: Mark Zuckerberg

New welfare program Universal Basic Income comes to California

The U.S. government has a dizzying array of taxpayer-funded welfare programs, including:

  1. Negative Income Tax
  2. SNAP, formerly called Food Stamps
  3. Housing Assistance
  4. SSI (Supplemental Security Income)
  5. Pell Grants
  6. TANF (Temporary Assistance for Needy Families)
  7. Child Nutrition
  8. Head Start
  9. Job Training Programs
  10. WIC (healthy food for Women, Infants and Children)
  11. Child Care
  12. LIHEAP (Low Income Home Energy Assistance Program)
  13. Lifeline (Obama Phone)

As if those welfare programs aren’t enough, the Left have been floating the idea of a Universal Basic Income (UBI).

UBI is no longer hypothetical, but is being realized in two California cities — Oakland and Stockton.

Lukas Mikelionis reports for Fox News, July 9, 2019, that in the San Francisco Bay Area city of Oakland, Y Combinator, a startup incubator, is giving out $1,500 a month to randomly selected residents. It’s expected the money will soon be distributed to 100 recipients with a prospect of expanding the program to 1,000 people who will receive $1,000 monthly.

Next year, the city of Stockton in California’s Central Valley will begin a pilot Universal Basic Income program, in which a hundred residents will receive $500 a month without conditions, i.e., recipients can spend the money on anything they want without any strings attached. After 18 months, a decision will be made on expanding the UBI across all of Stockton.

On how welfare recipients misspend taxpayer funds, see:

The Stockton UBI program’s utopian goal is to eventually ensure that no one in the city of 300,000 lives in “poverty”. How “poverty” is defined is unclear.

Stockton’s economy is in shambles — from foreclosures (the city was declared America’s foreclosure capital); millions in debt from expensive development projects to lure in tourism; a median household income nearly $8,000 lower than the national median; and as many as 1-in-4 residents living below the poverty line. The city declared bankruptcy in 2012.

Stockton’s Universal Basic Income experiment has financial backing from wealthy Silicon Valley moguls, including Facebook co-founder Chris Hughes, 34, whose Economic Security Project contributed $1 million to the project. Hughes told CNN: “It is such a fundamental idea behind America that if you work hard, you can get ahead, and you certainly don’t live in poverty. But that isn’t true today, and it hasn’t been true in the country for decades. I believe that unless we make significant changes today, the income inequality in our country will continue to grow and call into question the very nature of our social contract.”

But Hughes has no intention to extend his own money for the UBI program. Instead, he wants the government to fund UBI welfare from higher taxes on the “wealthy” and high-tech companies. See “Facebook co-founder: Tax the rich at 50% & give $500/month to low income earners to fix income inequality“.

Note: Chris Hughes is notorious for ruining The New Republic magazine, which he purchased a majority share of in 2012 as what the New York Times calls “a vanity project”. After mass departure of the magazine’s staff, he sold it 4 years later. Hughes is an open homosexual, married to Sean Eldridge, political director of Freedom to Marry. The couple bought a $2 million residence in New York’s 19th congressional district with the reported purpose of permitting Eldridge to run for the congressional seat there. Eldridge lost his 2014 bid for a congressional seat by 30 points. Following that and the mass resignation from The New Republic, The Daily Beast dubbed the two “America’s Worst Gay Power Couple”.

Other business moguls have endorsed the UBI idea, though mostly in rhetoric, including billionaire Richard Branson, entrepreneur Andrew Yang, Tesla’s Elon Musk, and Facebook’s Mark Zuckerberg. Musk wrote in a tweet last month: “Universal income will be necessary over time if AI takes over most human jobs.” Zuckerberg said in his May 2017 Harvard commencement speech: “We should explore ideas like universal basic income to make sure that everyone has a cushion to try new ideas.”

Others who have spoken out in favor of universal basic income, whether by name or in effect, are Senator Bernie Sanders (S-V) and Robert Reich, Bill Clinton’s Labor Secretary (source).

Both Sanders and Reich are millionaire socialists (an oxymoron!):

  • Bernie Sanders owns three homes, including a $600,000 lakeside summer home he purchased just 5 days after the end of the 2016 Democratic National Convention in which he betrayed his “useful idiot” supporters by enthusiastically endorsing Hillary Clinton. In June 2018, Newsweek reports that in 2017, for the second year in a row, Sanders made more than $1 million.
  • Robert Reich has an estimated net worth of $4 million.

It is the perverse nature of the Left to refuse to learn from precedents.

Finland experimented with UBI by giving €560 (US $657) per month to 2,000 unemployed working-age people. The program, however, came to an abrupt end in April after the Finnish government decided against continuing to fund the program. (The Guardian)

See also:

~Eowyn

Facebook co-founder: Tax the rich at 50% & give $500/month to low income earners to fix income inequality

chris hughes

I wonder how much of his $450 million net worth he’s given away to address income inequality?

From CNBC: Facebook co-founder Chris Hughes thinks the government should give cash handouts to people with the lowest incomes in order to fight income inequality. And he thinks the money should come from higher taxes on wealthy individuals and even big tech companies, like Facebook.

Hughes, 34, was one of Facebook’s co-founders, along with Mark Zuckerberg and three of their Harvard classmates, in 2004. He was Facebook’s spokesperson for the company’s first three years, before leaving to finish his Harvard degree and then to work on Barack Obama’s 2008 presidential campaign as a media strategist.

He says he’s made “half a billion dollars for three years of work” based on the value of his initial stock in Facebook, and his “lucky break” is exactly what’s wrong with America today.

That is indicative of a fundamental unfairness in our economy. Income inequality in our country has not been this bad since the Great Depression. And even though we’re reading the headlines that unemployment is at 3.9 percent and the stock market is at record highs, what’s actually happening is that the median incomes in our country haven’t budged in nearly 40 years. At the same time stories like mine create an illusion of economic opportunity,” he told Techcrunch contributors Adriana Stan and Tom Goodwin on their “Interesting People in Interesting Times” podcast.

Hughes, author of “Fair Shot: Rethinking Inequality and How We Earn,” is not necessarily a believer in the idea of universal basic income (UBI) — championed by entrepreneur Andrew Yang and also supported by billionaires such as Richard Branson and even Facebook’s Zuckerberg — which would see a standard cash payment handed out to all citizens no matter their employment status. UBI “is infeasible in America today,” Hughes explained on the podcast, because making payments to everyone in the U.S. is an “unaffordable” proposition.

However, Hughes believes a reconfigured U.S. tax code could effectively transfer money from wealthy people like himself to those in need, from the unemployed to American workers struggling to make ends meet. He says on the podcast that the “most urgent thing we can do” is roll back tax code changes that lowered rates on corporations and the 1 percent and instead give a $500 monthly tax credit to every working American who currently earns less than $50,000 per year to create an “income floor” — a minimum amount of money that people earn.

The plan would cost roughly $290 billion a year in total, Hughes said in April. He proposed that the government taxpayers pay for the handouts by imposing a 50 percent tax rate on both income and capital gains for any Americans who earn more than $250,000 per year. (Individuals who earn more than $200,000 per year currently have their income taxed at 35 percent, based on the latest tax overhaul.)

By giving low-income workers $500 a month, Hughes contends, you would guarantee they would not earn less than $6,000 per year. “That’s not enough money to live on. That’s not enough money to put up your feet and, like, watch video games — the fear of a lot of folks out there. But it is a massive amount of money in the lives of many working people in our country,” he said on the podcast.

Read the whole story here.

DCG

We have a winner!

. . . for FOTM’s 174th Caption Contest!

This was a competitive contest, with a total of 54 caption submissions, many of which are very clever and witty!

The FOTM writers duly voted, each for what he/she considered to be the best (#1) and second-best (#2) captions. Each #1 vote is worth 4 points; each #2 vote is worth 2 points.

And the winner of FOTM’s 174th Caption Contest, with one #1 vote and three #2 votes, totaling 10 points is . . .

Patrick Cornell!

This is the winning caption:

When this question and answer session is over can somebody take me to McDonalds for a happy meal?

Theyellowbear is in 2nd place, with two #1 votes, totaling 8 points. Here’s the caption:

“Well, if he would have just sat on his wallet, he wouldn’t have needed the booster…”

Larry is in 3rd place, with one #1 vote and one #2 vote, totaling 6 points:

“The Gerber Baby in his high chair”

Another Patrick Cornell caption, S. Faulkner, and truckjunkie are in 4th place, each with one #1 vote and 4 points. Here are their captions:

Patrick Cornell: “Where is my sippy cup?”

S. Faulkner: “No matter how much money he has, he will always be a little short.”

truckjunkie: “…and THAT is why you can’t sit at the “big kids’ table…”

Zigggy is in 5th place, with one #2 vote and 2 points:

“The Zuckerberg Cyborg sits atop his wireless charging station.”

Well done, everyone!

Congratulations, Patrick Cornell!

Here is your fancy-schmancy Award Certificate of Great Excellence, all ready for framing! LOL

StrawberrydancingbananaCarrotChilliMuffinPurpleBananaPineappledancingbananaCarrotChilliMuffinPineappleStrawberry

For all the other caption submissions, go here and here.

Be here tomorrow for our next very exciting Caption Contest!

~Éowyn

Finland will end its “basic income” experiment by year’s end

universal basic income

Pay attention and learn a lesson, Bernie.

From Fox News: The Finnish government reportedly announced Tuesday that it will end the country’s universal basic income program by year’s end — and appears to be taking on new measures to cut benefits to those who do not actively seek employment.

Finland was considered the first European country to pay a monthly check of $685 to its unemployed between ages 25 and 58. It was considered a pilot program — serving 2,000 randomly selected jobless people — that its founders hoped to expand.

“It’s a pity that it will end like this,” Olli Kangas, who oversees the Finnish government agency that focuses on social welfare and helped design the program, told the New York Times.

“The government has chosen to try a totally different path,” Kangas said. “Basic income is unconditional. Now, they are pursuing conditionality.”

David Whitley summed up Finland’s decision in the Orlando Sentinel.

“Proponents said the program wasn’t comprehensive enough to gauge its merits,” Whitley wrote. “Critics say it would have required a 30 percent tax increase on an already over-taxed population to be viable.”

But some cities, including San Francisco, continue to look into the basic income theory, the Times wrote. Facebook CEO Mark Zuckerberg in 2017 said that basic income should be explored “to make sure that everyone has a cushion to try new ideas.”

That was essentially Finland’s theory when announcing the pilot program.

The initial move was met with skepticism from citizens who questioned whether an unemployed young person would be motivated to find a job if they were making a steady income, albeit small.

“There is a fear that with basic income they would just stay at home and play computer games,” Heikki Hiilamo, a professor at the University of Helsinki, told the paper.

DCG

The little man Caption Contest

This is the 174th world-famous FOTM Caption Contest!

Here’s the pic (h/t DCG):

Mark Zuckerberg at Senate committee, April 10, 2018

About the pic: On April 10, 2018, Facebook co-founder/chairman/CEO Mark Zuckerberg testified before the Senate Committee on Commerce, Science, and Transportation regarding Facebook-Cambridge Analytica data breach. of Facebook users’ personal information. Although his Facebook flagrantly violates users’ privacy by leaking their personal data and information, at the Senate hearing, Zuckerberg jealously guarded his own privacy by refusing to name the hotel he was staying in and the people he’d messaged that week.

Born and raised as a Jew, Zuckerberg became an atheist. In 2016, he said the atheism was “a period where I questioned things, but now I believe religion is very important.” It appears he has reverted to his Jewish roots, judging by his recitation of a Jewish prayer, Mi Shebeirach, to the God of his ancestors at the end of his Harvard University commencement address in May 2017. (But when a Christian invokes the name of Jesus at commencement, all hell breaks lose.)

Only 33 years old, Zuckerberg has a net worth of $62.2 billion. He is 5′ 6″ tall.

You know the drill:

  • Enter the contest by submitting your caption as a comment on this thread (scroll down until you see the “LEAVE A REPLY” box), not via email or on Facebook.
  • The winner of the Caption Contest will get a gorgeous Award Certificate of Excellence and a year’s free subscription to FOTM! :D
  • FOTM writers will vote for the winner.
  • Any captions proffered by FOTM writers, no matter how brilliant (ha ha), will not be considered. :(

This contest will be closed in a week, at the end of next Tuesday, April 24, 2018.

To get the contest going, here’s my caption:

Research by CDC scientists found there really is a Small Man, aka Napoleon, Syndrome. Men who feel they don’t measure up to traditional masculine gender norms, are three times more prone to seek power, war and conquest to make up for their physical shortcomings.

For the winner of our last Caption Contest, click here.

~Eowyn

Just in time for the Oscars tonight: “The award for the biggest pedophile goes to…”

sabo hollywood billboard

From Hollywood Reporter: With a nod to the Oscar-nominated Three Billboards Outside Ebbing, Missouri, conservative street artist Sabo has hijacked three billboards in Hollywood to attack the entertainment industry for allegedly shielding pedophiles.

Reminiscent of the signage in the Martin McDonagh film, which is up for seven Oscars including best picture, with black text on a field of red, three consecutive billboards in Hollywood sprang up Wednesday, each calling out the industry.

“And the Oscar for biggest pedophile goes to …” reads one sign.

Another says, “We all knew and still no arrests.”

A third billboard reads: “Name names on stage or shut the hell up!”

Until the artist, who goes by the name Sabo, took over the signage early Wednesday, the billboards were legitimate advertisements. Sabo manufactured fake overlays measuring as large as 48 feet across by 14 feet high and hired a crew of six men to help with installation, he told The Hollywood Reporter.

The first of the three massive signs appeared near the corner of Wilshire Boulevard and La Brea Avenue in Hollywood and another was a few hundred yards north. Still another appeared a few hundred yards from that one, mimicking the arrangement in the film, where three signs appeared in a row alongside a highway.

Sabo has posted faux ads attacking Hollywood on other occasions, but he said he considers the hijacking of three giant billboards on a single day his largest mission yet. The last time he took over a billboard was in November when he altered a sign for The Greatest Showman to make it appear like Sen. Al Franken was grabbing at Zendaya, who starred as a trapeze artist in the movie.

Franken, a former Saturday Night Live actor, has since resigned from the Senate amid allegations that he sexually harassed women, and nearly 100 other men in the entertainment industry also have been publicly accused of sexual misconduct since claims were made against Harvey Weinstein nearly five months ago.

Sabo says his signage is meant to criticize those who allegedly enabled sexual harassment with their silence, and to tell celebrities they should refrain from preaching during their Oscar acceptance speeches — for this one year, at least.

Read the rest of the story here.

See also:

DCG

Street artist’s Facebook page shut down because of “hate speech” aimed at Zuckerberg

fck zuck

Libtards will find a way to label anything as “hate speech” if it offends their sensibilities.

From Hollywood Reporter: “F*ck Zuck 2020” posters, the symbol after the “F” being a middle finger, were hung in various California cities.

The work of a conservative street artist known for skewering the liberal politics of celebrities and corporations has been deemed “hate speech” by Facebook, which shut his page down on Sunday.

The notice comes just days after the artist known as Sabo attacked Facebook founder and CEO Mark Zuckerberg with posters disparaging his alleged presidential aspirations. “F*ck Zuck 2020” read the posters, the symbol after the “F” being a middle finger. They were hung in the dead of night last week in various California cities.

“Your page has been unpublished for using hate speech,” read the message at the Unsavory Agents fan page run by Sabo. Sabo is the artist’s pen name and Unsavory Agents is the name of his website and business where his artwork is sold.

Sabo last struck on Friday when he plastered fake ads and posters around Google and YouTube offices in Venice Calif. Those ads, some as large as 30 square feet and some plastered onto bus stop benches, ridiculed Google as a place that is hostile to free thinkers, a reference to the recent firing of an employee who penned a 3,000 word memo to co-workers critical of his employer’s focus on diversity in its hiring practices.

Sabo has also created disparaging street art aimed at Hillary Clinton, Leonardo DiCaprio, Lena Dunham, Cher and many more.

All of it is politically incorrect, Sabo freely acknowledges, but not “hate” worthy of censorship.

While Facebook wasn’t specific as to what it objected to, Sabo assumes it is retribution for his attack on Zuckerberg. Though Facebook may also have objected to recent posters featuring commentary on the Black Lives Matter political movement. Those faux ads, made to look like a genuine movie poster for War for the Planet of the Apes, feature the image of a well-armed ape on horseback with the text: “BLM: Kill Whitey.”

Then again, it could be a host of things that Facebook doesn’t like, considering Sabo has demeaned progressive sacred cows like climate change, affirmative action, transgenderism and much more.

But even though it’s not the first time Facebook has tried to correct his behavior, Sabo is convinced his banishment this time has something to do with Facebook’s leader.

“It took a week, but it finally came down,” Sabo tells THR. “Zuckerberg isn’t only a thief, he’s thin-skinned.”

Facebook didn’t immediately return a request for comment on Sunday.

DCG