TownSquareTake2
3.5K posts

TownSquareTake2
@TownSquareTake2
Mother, RE investor, enjoy generating & consuming ideas
Katılım Kasım 2022
664 Takip Edilen139 Takipçiler

@aakashgupta They used to just aggregate content - now they create it. Value is much higher - not far.
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The math Italy just handed Netflix is terrifying for every subscription company on Earth.
5.4 million Italian subscribers. Up to €500 per Premium user, €250 per Standard user. Netflix launched in Italy at €11.99/month in 2015 and hiked four times to €19.99 by 2024. The court said every single increase was illegal because the contract never stated a justified reason for any of them.
The total refund exposure is somewhere in the hundreds of millions of euros. For a single country with ~2% of Netflix's 325 million global subscribers.
Here's what nobody is pricing in: Germany and Spain have already filed identical challenges using the same EU Directive from 1993. Berlin and Cologne courts already ruled that generic price-change clauses are void. Italy just gave every consumer group in Europe a finished legal template.
Netflix hiked prices globally on March 26. Six days later, this ruling dropped. The company is now simultaneously raising prices worldwide while a court in its fourth-largest European market ordered it to roll prices back to 2015 levels.
The real exposure here isn't Italy. Netflix can absorb hundreds of millions. The real exposure is the legal principle: telling customers "we're raising your price, you can cancel if you don't like it" is not consent under EU law. That logic applies to every subscription service operating in Europe. Every SaaS company. Every streaming platform. Every telecom.
The freedom to cancel is not the freedom to agree. That one sentence just repriced the entire European subscription economy.
Pubity@pubity
Italy has declared that Netflix's recent price hikes from 2017 to 2024 were illegal and enacted without proper warning for customers. Netflix not only has to reduce its price in Italy, but pay customers back every cent they overpaid.
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@TownSquareTake2 Says the one who’s president pardoning fraudsters left and right!
Stfu
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🚨 BREAKING: Disgraced Minnesota Judge Nancy Brasel just handed another Somali fraudster only 6 months in prison — this time Zamzam Jama, who helped steal $5.6 million in taxpayer money meant for kids' meals in the massive Feeding Our Future scam.
Six months for millions looted from American families?
This rogue judge is a disgrace. She belongs impeached — not on the bench.
Rogue judges like this are destroying trust in our justice system and ruining America.
Who else is sick of soft-on-crime insanity while hard-working taxpayers foot the bill?
#FeedingOurFuture #ImpeachBrasel #RogueJudges
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@SenRandPaul Congress needs to DEFUND the programs being used for fraud.
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@menarenotbad2 Don’t mind paying tolls with seamless integration and one electronic tracker that works across all 50 states. Let them work out the pro rata on the back end… I would take that any day over public administration of roads & bridges.
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@WesternLensman They all have known it’s possible for decades but the party that controls it doesn’t want it changed.
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This is so stupid.
Bernie wants to tax what you OWN every single year.
Not what you earn. What you own.
Say you're a farmer. Your land is worth $2 million. But farming had a bad year and you only made $80,000.
Bernie wants 5% of $2 million.
That's $100,000.
..but you only made $80,000.
You now owe more in taxes than you made...
So you sell the farm to pay for the taxes.
That's the wealth tax.
Also, most of billionaires "wealth" is stock in companies they built.
If Elon Musk owes $5 billion in wealth taxes, he doesn't write a check.
He sells his Tesla shares.
The stock drops.
Your 401k ALSO DROPS.
It's an insanely stupid idea and everyone but Bernie knows it.
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Ok, Jamie: Let me clear things up for you.
If my 5% wealth tax on billionaires was enacted you’d owe $135 million more in taxes & a family of 4 making $150,000 or less would receive a $12,000 payment.
Oh, and you’d still be worth more than $2.5 billion. Seems pretty fair to me.
Acyn@Acyn
Kilmeade: What do you say to people like Bernie Sanders who says billionaires don't pay their fair share? Dimon: I don't know what he means by fair share
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@RightPulseNewss Sorry but not until we balance the budget.
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My niece (Medicaid through pregnancy benefits) treats it like a day at the spa about once/week. She gets a full battery of scans & tests each time to ensure she can stay in a bed for at least 2-3 hours. She loves being attended to. Hospital staff sees her as a huge pile of money… undoubtedly about $20k/visit.
Taxpayers be damned.
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Health care is ridiculously expensive because a shrinking group of people who have to pay for their own health care also has to pay for a growing group of people who don’t have to pay anything at all.
Sara McGee for Texas HD 132@SaraForTexLege
It’s because have allowed our entire healthcare system to become a multibillion dollar FOR PROFIT industry and the Citizens United decision made it so money flows freely to campaign coffers to keep it that way. It is literally that simple.
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@politvidchannel Who is going to purchase the $400B in asset sales of billionaires if multi-millionaires also have 3% in asset sales 😂
What do you think that will to to the pensions?
These people are not serious.
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@Rainmaker1973 @BillAckman Sounds inhumane. Besides, PE firms were promised 30% IRR on their methodone clinics.
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In a groundbreaking social initiative, Albuquerque, New Mexico launched a program that pays homeless individuals to clean streets, parks, and public areas.
The idea was simple — offers work, dignity, and purpose instead of punishment or pity.
The results were remarkable: over 70% of participants have now secured permanent housing or full-time employment, transforming their lives and communities alike. The city’s “There’s a Better Way” program proves that compassion-driven policies can be more effective than traditional welfare systems.

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