Author Topic: #latestagecapitalism  (Read 361375 times)

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Nintex

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Re: #latestagecapitalism
« Reply #2640 on: April 17, 2020, 04:13:07 PM »
Booking.com is about to go up in flames

Profit in 2018: +5 billion
Then they cut a deal with the Dutch government evading 1.8 billion in taxes

Balance in 2019: 8 billion debt

Why?
- They bought their own stock and handed out dividends and bonuses to the CEO's and investors

Now:
Bookings down 85%. They've managed to secure an 'expensive' emergency loan of 4 billion to scrape by for a few months.
So now they're asking our government to chip in to help finance the joint as they employ 19k workers in total.
(note this information was leaked to a Dutch newspaper from a video call with employees announcing that lay offs were imminent)

If you have something lined up at Booking.com cancel now. This thing is about to crash like the Hindenburg and you should try for a refund when there's still some money.


For the tech heads, the whole thing is built in fucking PERL  :lol

You seem to have no idea what you are talking about.
Do you know what a balance sheet is?
Assets = Liabilities + Equity
I looked it up. As of December 31, 2019 Booking Holdings had $21.4bn worth of assets, $15.4bn liabilities. That means an equity of $6 billion.
I assume you looked at this and didn't understand what equity means? https://en.wikipedia.org/wiki/Booking_Holdings
Please tell me you have nothing to do with finances or running any company.
The numbers were reported in a left leaning Dutch newspaper
https://www.volkskrant.nl/nieuws-achtergrond/noodlijdend-booking-com-wil-staatssteun~bd28dea7/

Quote
Opmerkelijk genoeg gaat Booking Holdings gebukt onder zware schulden, dit ondanks de jaarlijkse miljardenwinsten – in 2019 nog bijna 5 miljard dollar. Tegenover 6,3 miljard dollar aan contant geld stond eind vorig jaar 7,6 miljard dollar schuld op de balans, blijkt uit het jaarverslag.

Quote
Surprisingly enough Booking Holdings is in debt despite the billions of dollars in profits they made over the years - in 2019 almost 5 billion.
While they had 6.3 billion in cash their balance showed a debt of 7.6 billion dollar. According to the yearly report.

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Re: #latestagecapitalism
« Reply #2641 on: April 17, 2020, 06:14:05 PM »
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EchoRin

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Re: #latestagecapitalism
« Reply #2642 on: April 17, 2020, 06:27:19 PM »
Wat? You gonna end the video on "we did this properly."  ???

I want to know that actually this looked like. Did they just take the ingredients and frozen stuff? Boring. Was hoping that random non-McD workers turned everything on and just started cooking and wrapping up finished food to spread to people in need or something.

Madrun Badrun

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Re: #latestagecapitalism
« Reply #2643 on: April 17, 2020, 07:15:32 PM »

benjipwns

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Re: #latestagecapitalism
« Reply #2644 on: April 18, 2020, 03:32:24 AM »
https://www.nbcnews.com/news/us-news/landlords-are-targeting-vulnerable-tenants-solicit-sex-exchange-rent-advocates-n1186416
Quote
Some landlords are taking advantage of the coronavirus outbreak, soliciting sexual favors in lieu of rent payments from economically vulnerable tenants, according to advocates.

Khara Jabola-Carolus, executive director of the Hawaii State Commission on the Status of Women, said her office has received more reports of landlords sexually harassing their tenants in the last two weeks than it had in the two years since she started working there, including cases of landlords offering to move in with tenants and sending sexually explicit photos to them after they communicated concerns about paying April rent.

While the number of cases wasn't necessarily astronomical — the commission received 10 reports about nine landlords — Jabola-Carolus said they were especially notable given such cases go "vastly underreported."

"Landlord coercion has always been a reality, but we've never seen anything like this," Jabola-Carolus said.
eight of the reports were connected to something called "The Bire" with ties to "Dutch Directness"

Nintex

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Re: #latestagecapitalism
« Reply #2645 on: April 18, 2020, 05:53:00 AM »
Quote
landlords offering to move in with tenants and sending sexually explicit photos to them
Maybe they used their charms in those messages and send the wrong signal?

Anyway better to just cut out the middle man and go on onlyfans instead. In a year they can be a landlady themselves
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Great Rumbler

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Re: #latestagecapitalism
« Reply #2646 on: April 18, 2020, 10:02:38 AM »
https://www.nbcnews.com/news/us-news/landlords-are-targeting-vulnerable-tenants-solicit-sex-exchange-rent-advocates-n1186416
Quote
Some landlords are taking advantage of the coronavirus outbreak, soliciting sexual favors in lieu of rent payments from economically vulnerable tenants, according to advocates.

Khara Jabola-Carolus, executive director of the Hawaii State Commission on the Status of Women, said her office has received more reports of landlords sexually harassing their tenants in the last two weeks than it had in the two years since she started working there, including cases of landlords offering to move in with tenants and sending sexually explicit photos to them after they communicated concerns about paying April rent.

While the number of cases wasn't necessarily astronomical — the commission received 10 reports about nine landlords — Jabola-Carolus said they were especially notable given such cases go "vastly underreported."

"Landlord coercion has always been a reality, but we've never seen anything like this," Jabola-Carolus said.
eight of the reports were connected to something called "The Bire" with ties to "Dutch Directness"

I knew we couldn't trust the Dutch!  :rage
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Re: #latestagecapitalism
« Reply #2647 on: April 18, 2020, 02:19:20 PM »
During a pandemic, a 308 sqft studio in an Airbnb-infested condo in Toronto (redundant) was just put on sale for $530,000.

https://condos.ca/toronto/ice-condos-ice-condos-ii-12-york-st-14-york-st/c4744874

The current owner must’ve been on a six-week meditation retreat.

EchoRin

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Re: #latestagecapitalism
« Reply #2648 on: April 18, 2020, 08:55:40 PM »
Yeah some of these landlords truly deserve the guillotine

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Re: #latestagecapitalism
« Reply #2652 on: April 19, 2020, 05:06:35 PM »
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Joe Molotov

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Re: #latestagecapitalism
« Reply #2659 on: April 21, 2020, 06:54:08 AM »

VomKriege

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Re: #latestagecapitalism
« Reply #2660 on: April 21, 2020, 07:19:30 AM »
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VomKriege

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Re: #latestagecapitalism
« Reply #2661 on: April 22, 2020, 11:09:50 AM »
https://twitter.com/boring_as_heck/status/1252843802122833923

Seems authentic, I can tell because my father was Kadhafi and he was very good at spotting fakes.
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Pissy F Benny

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Re: #latestagecapitalism
« Reply #2662 on: April 22, 2020, 11:23:17 AM »
My dad used to look a bit like David Koresh when he was younger :stahp
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Madrun Badrun

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Re: #latestagecapitalism
« Reply #2663 on: April 22, 2020, 11:36:46 AM »
Well if there is any point in resurrection, it's to come back as a corporate twiter account runner.

toku

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Re: #latestagecapitalism
« Reply #2664 on: April 22, 2020, 12:33:30 PM »
we were all in the swamp all along  :lol

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Re: #latestagecapitalism
« Reply #2665 on: April 22, 2020, 12:59:10 PM »
riotous, did you sell IBM machines to the Germans in a past life?

shosta

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Re: #latestagecapitalism
« Reply #2666 on: April 22, 2020, 01:02:49 PM »
Not a #boycott person and extricating yourself from everything that could possibly add to systematic barbarism is impossible but it would be so easy for GitHub to say "sorry, your use of our software violates our terms of service". The size of the contract is a drop in the bucket compared to their annual revenue.
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Re: #latestagecapitalism
« Reply #2667 on: April 22, 2020, 01:12:37 PM »
rich libs  ::)
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Flannel Boy

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shosta

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Re: #latestagecapitalism
« Reply #2669 on: April 22, 2020, 01:40:44 PM »
would they be able to sell the license to al qaeda
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nachobro

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Re: #latestagecapitalism
« Reply #2670 on: April 22, 2020, 01:54:31 PM »
it's "spiel"

Madrun Badrun

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Re: #latestagecapitalism
« Reply #2671 on: April 22, 2020, 01:57:12 PM »
Not a #boycott person and extricating yourself from everything that could possibly add to systematic barbarism is impossible but it would be so easy for GitHub to say "sorry, your use of our software violates our terms of service". The size of the contract is a drop in the bucket compared to their annual revenue.

Ya do that to a very politicized government department - that won't be a major legal or PR problem.  This isn't Apple that can take on the Feds because they have more money and their core business depends on them doing it. 

Nintex

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Re: #latestagecapitalism
« Reply #2672 on: April 22, 2020, 02:20:10 PM »
I say it's time we boycott toilet paper. Those ICE Nazi's are using it so from now I on I will only wipe my ass with paper that shares my progressive values such as older issues of Jacobin  :shaking
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Nintex

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Re: #latestagecapitalism
« Reply #2673 on: April 22, 2020, 02:48:58 PM »


Google "forum for democracy immigration race" for extra context on Nintex's post.
You just can't handle the Dutch Directness rave cocaine



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Nintex

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Re: #latestagecapitalism
« Reply #2674 on: April 22, 2020, 02:57:31 PM »
geert still the true heir to dutch direct democracy 8) no half measures
If only Pim wasn't shot by the deep state :tocry
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Joe Molotov

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Re: #latestagecapitalism
« Reply #2676 on: April 22, 2020, 11:37:25 PM »
then it uses machine learning to determine which person has a lower net worth and fires a CIA heart attack dart into that person
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Great Rumbler

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VomKriege

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Re: #latestagecapitalism
« Reply #2680 on: April 25, 2020, 08:34:38 AM »
https://twitter.com/TorontoStar/status/1253081332881797122

Neolibs gonna neolib

Same in France. I guess if you dig enough there's no large company that doesn't have stuff in Luxembourg or doing fiscal "optimisation".
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EchoRin

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Re: #latestagecapitalism
« Reply #2681 on: April 25, 2020, 10:05:49 AM »
https://twitter.com/JimmysSeafood/status/1251694131669327873

What were the fuckboy tweets anyways? Love to learn about some Baltimore beef.

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toku

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Re: #latestagecapitalism
« Reply #2683 on: April 27, 2020, 01:42:54 PM »

Madrun Badrun

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Re: #latestagecapitalism
« Reply #2684 on: April 27, 2020, 01:56:34 PM »
That's an HC-132 Long Endurance Aerial Surveillance Survey Mapping Fixed Wing Drone, unfortunately it only has a flight time of 5 hours so not enough time to survey your mom.   

Nintex

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Re: #latestagecapitalism
« Reply #2685 on: April 27, 2020, 04:58:58 PM »
https://twitter.com/ericsson/status/1254744521495232512

oh god corporations now will have all sorts of curves to flatten  :doge

(if you click on it you get a video with a curve)
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Great Rumbler

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Re: #latestagecapitalism
« Reply #2686 on: April 27, 2020, 07:33:10 PM »
the answer may surprise you
dog

Great Rumbler

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Re: #latestagecapitalism
« Reply #2687 on: April 28, 2020, 12:36:54 PM »
"thankfully"
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Madrun Badrun

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Re: #latestagecapitalism
« Reply #2688 on: April 28, 2020, 01:15:39 PM »

Tripon

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Re: #latestagecapitalism
« Reply #2689 on: April 28, 2020, 01:25:34 PM »

Great Rumbler

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Flannel Boy

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Re: #latestagecapitalism
« Reply #2691 on: April 28, 2020, 02:15:55 PM »

Nintex

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Re: #latestagecapitalism
« Reply #2692 on: April 28, 2020, 02:29:03 PM »
"What is this risk and responsibility everyone keeps talking about. Just rent my rat-infested apartments with gas leaks. This internet site was supposed to make me money"   :six:
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Akala

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Re: #latestagecapitalism
« Reply #2693 on: April 28, 2020, 02:29:24 PM »
those poor airbnb entrepreneurs 

:kermit


Tripon

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Tripon

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Re: #latestagecapitalism
« Reply #2697 on: April 29, 2020, 11:16:32 AM »

Joe Molotov

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Re: #latestagecapitalism
« Reply #2698 on: April 29, 2020, 12:38:27 PM »
(she’s bi)
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Nintex

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Re: #latestagecapitalism
« Reply #2699 on: April 29, 2020, 02:09:04 PM »
This tweet could go in like 11 different threads :lol
all threads are basically the same now. Biden, Corona-Chan, Trump Direct, TLOU2, Kim Jong Un

The concept of NSFW doesn't even exist anymore

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