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this post was submitted on 15 Dec 2023
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It cuts both ways though.
In theory one could argue that eliminating ETFs would hurt the company owners and investors, who technically are people.
So it does kind of matter which people are being hurt and if they deserve it or not.
Extremely bad take, lol.
If the company isn't financially sound without charging customers to no longer be customers, the business isn't viable.
What an asinine attempt to justify predatory, anti-consumer behaviour from corporations.
I'm not sure what part of my "technically are people" language (or comment elsewhere in this thread here) made you think I'm justifying it.
But that is the fiscal conservative argument whether either of us thinks it is a good one or not, and thus a broad "it hurts people" needs greater specificity to scope it to main street concerns and not wall street concerns.
and there it is, the double down lol
Gross, dude. Listen to yourself.
The next time you get charged $200 for an early termination, I hope you think "I'm happy the shareholders didn't get hurt".
Fuck's sake.
That's... that's not what they're saying.
Any defense, devils advocate or otherwise, supporting early termination fees is disgusting and unacceptable. It's not really important how they spin it.
No, the point is hurting the aristocracy is good, and I like doing it. This is just intellectual honesty. Taking your opponent's chess pieces is an aggressive behavior, but it's still a good thing if you want to win.
Seriously. Circular during squad moment.
This is some real 'paradox of tolerance' reasoning here. Clearly by 'will people be hurt,' they mean the average person, not the investor class.
Yeah, the "average person" has greater specificity.
Hurt 20 millionaires/billionaires, or 100,000,000 working class people. I'm willing to bet that as a percentage of income, the investors will still lose less than the average customers are currently losing.