I grew up listening to Rush Limbaugh 3 hours a day as a home-schooled kid. My parents idolized him.
5 years ago my parents called me: "Rush is about to talk about you!"
I was in the news for slashing my CEO pay to raise our min wage to $70k. I excitedly turned on his show (1/6)
Rush said: "I hope this company is a case study in MBA programs on how socialism does not work, because it’s gonna fail."
I was completely devastated. My dad said he thought Rush got this one wrong. But it was a huge blow and led to a flood of hate-mail against me. (2/6)
Rush turned out to be right: we were a MBA case study. Harvard Business School concluded the $70k min wage was a huge success. Our revenue tripled. Retention and productivity skyrocketed. We were featured as success stories everywhere from the BBC to the New York Times. (3/6)
Rush incorrectly described our company - saying everyone would make $70k, when in reality only me and a few new employees do. It's a min wage. It's not socialism, and he knew that.
He never agreed to have me on to give my side. He never did an updated story on our success. (4/6)
To this day, his listeners assume we failed. One of the top auto-complete Google searches for our company is "out of business."
I've had 5 years to tell our story and prove him wrong, but most people who are crushed with misinformation don't have that luxury. (5/6)
I'm sad Rush Limbaugh died, and my thoughts are with his family. I know it's a sad day for a lot of people. But I'm not sad that his show is over. My little story of crossing paths with him was one segment among thousands of episodes. He hurt a lot of people with his words. (6/6)
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What they did to Rep. Alexandria Ocasio-Cortez is completely and utterly disgusting. Her strength is seemly endless. Incredible to see a heroine rise to a moment like that.
*Seemingly*
Hey everyone, you should watch her Instagram live. Everyone should watch it. Will be civics 101 - no exceptions
For those questioning what I am saying, watch this video with an open mind. Then check out her other videos. Don't watch her on MSNBC or FoxNews. Just watch the damn videos and make up your own mind. instagram.com/tv/CJ-OkgNAO1N…
There is no connection between the stock market and reality.
A thread:
1. Airlines spent 96% of free cash flow on stock buybacks for a decade, then cut 90,000 jobs as soon as trouble hits. Then they got a $50 billion bailout bloomberg.com/news/articles/…
2. GE promised its CEO a huge bonus if stock hit $19. It didn't
So GE re-did contract so the bonus kicks in at $10/share
The CEO cut 20% of aviation staff to increase profits and raise the stock to $10
3. JCPenney
April: furloughed 85,000 employees
May 10: Gave CEO $4.5 million bonus on top of $17 million/year in pay
May 15: went bankrupt
Oct: laid off 15,000 people
Dec: closed 150 stores
Now: CEO left with $4.5M bonus after stock fell 88% in her 2 years cnn.com/2020/12/30/inv…
The revenue from a wealth tax on Washington's billionaires would singlehandedly make up our state's $3.3 billion budget shortfall while leaving taxes the same for 99.999% of residents.
It makes no sense to gut education and critical services further to protect the rich.
Washington is one of the few states with no income tax. We have the most upside-down tax system in America: low-income residents pay 18% of their income on taxes. The rich pay 3%.
Compared to white people:
*Black-owned homes devalued 23%
*Black-owned property taxes 13% higher
*Bank fees 2x higher for black customers
*Black-owned biz closed at twice the rate in pandemic
*Black people w/ NO criminal record earn $10k less than white people w/ criminal record
*Black college grads have 50% less wealth than white high school dropouts
*Top 10 most-audited counties are 79% people of color
*Black-white homeowner gap is bigger now than 120 years ago
*Electoral college gives white people 16% more voting power than Black people