Unfortunately thats is nothing (tho it’s 73bn I think).
The lower price is a bit in tune with the recent market overall (-13% vs the -5ish% of the market or whatever) and its still like over 12× higher than it was 20 years ago.
The saddest part is that what was Saint Luigi’s effect on price was prob the market expectation that one of the megacorps subsidiaries might miss their claim-denial goals to keep up appearances & marketing.
Thats why in saying its the shareholders/capitalism that kills people, CEOs are just dogs with white collars that execute
peoplebusiness for their masters to appease the ever hungry money gods.500 of which is going to AI infrastructure…A.K.A automated police state to prevent any wrongthink.
Information like this is staggering when it hits you right in the face. And yet, millions of everyday people still empathize with billionaires and giant corporations as if they’re just the guy next door on his way to work with his lunchbox, just tryin’ to keep his pickup runnin’.
e guy next door on his wa
Well, if they work hard enough, believe enough, and pray hard enough, they might win the lottery and having those oligarch protections might come in handy.
It’s simply not true that Canada’s health care costs less than $63 billion. The actual number is closing in on $400 billion ($372 billion for 2024).
And it also should be noted that there are severe problems with our health care system. Severe nursing shortages and very long wait times for a lot of critical care, long wait times to see specialists, etc.
That’s per year, it’s been less than 2 months since the event, the meme appears to be accurate in that way.
Sorry, when someone says “more than it costs Canada to fund its universal healtcare”, I guess we most commonly think in total, like years or something. So I find this unintentionally misleading
It literally says “since Brian Thompson died”
Also for only 40 million people
That’s the population of Canada
But not of the USA
Not every person in the USA has insurance through United Health, but according to their own website, they “provide care” [sic] to 7.7 million Americans.
Our healthcare only has those problems after alot of cuts. When it used to cost more, it also used that money more efficiently and effectively. The cuts made it far worse than the respective amount of money “saved”, redistributed to worse projects is more accurate.
USian here. We have nursing shortages and long wait times as well, and the private equity fucks taking over our system are always looking for ways to make it worse for more money. One thing they’ve been pushing lately is trying to widen physician/patient ratios, so that doctors spend even less time with each patient.
US healthcare has all those problems and on average costs about twice what any other country spends on healthcare
Costs patients that money. Real countries with real healthcare aren’t bankrupting the citizenry by extracting wealth for healthcare, that’s 'Murica, LLC.
And a lot of it is due to conservative meddling and wanting to privatize everything. Private clinics still receive public funding… and more of it than public hospitals! This is one reason why it is getting more fucked.
Kind of, the main issue is that COVID led into boomers getting old and sick in one fell swoop. No healthcare system in the world is adequately to handle a pandemic and then aging boomer surge.
Nurses and doctors were asked to do more than they ever have before and many just retired early or quit so there are shortages everywhere.
The for profit aspect in the US just magnifies the issue locally.
There’s way more to it than that. Health care in general just costs way more now than it used to. Everyone involved has to be paid more. There’s new equipment that costs millions of dollars and new drugs that cost thousands of dollars.
I asked my doctor about some drugs I saw being advertised on TV (while watching NFL broadcasts from the US) and he said a lot of these drugs aren’t available in Canada because they cost tens of thousands of dollars a month and our health care system simply refuses to pay for them.
They don’t cost tens of thousands of dollars, they charge tens of thousands of dollars.
Are you saying Luigi should visit the pharma bros next?
Thank you for fact checking. Misinformation is damaging no matter where it comes from.
“Brian helped build this company and forged deep, trusted relationships for over 20 years, and the positive impact he had on people will be felt for years to come,” Chief Financial Officer John Rex said.
Fuck right off
Maybe they could ressurect him and we can watch Luigi shoot him again.
Huge W. Let’s keep this going!
That’s $21 billion per bullet ROI.
Not really a Return on Investment if there’s no actual “return”.
Their valuation decreased, but none of our wallets got fatter as a result. The price tag’s number just changed.
This by itself doesn’t really help anyone who’s struggling. It’s frustrating to see so much focus on a net worth number changing, as if that actually helps anyone.
Valuation decreased because they’re expected to earn less in the future, with lost profits approximately proportional to the drop in value. If they earn less, it’s probably because they’re going to be exploiting fewer people and they’re getting that much less money from these people. I would count that as a return.
I bet you’re fun at parties
I’ve had old housemates literally express to me during a visit about a month after moving out, how much they miss me being around because of how often I’d crack them up. :)
We’ve never seen a better cost/benefit ratio
That sounds like a treatment we should pre-approve of
I wonder if those bullets will end up in some rich guys personal collection someday.
They might end up with a collection all their own, inshallah.
And Luigis life, unfortunately.
He’ll be treated like a king in prison until he’s killed by a bribed prison guard. And that’s assuming the US itself lasts long enough to enforce his sentence.
I wonder what the odds are trump accidentally pardons him.
Depends on how loud we blast YMCA outside the white house. Once he gets to “dancing” (if you can call it that) who knows what he’ll do (he’ll do the double jack-off motion and probably nothing else, but I do wonder how easily he’d be to manipulate if ordinary citizens tried).
0 his ceo friends will stop him
We’re talking health insurance in the US so that doesn’t change much. 3 bullets plus…20k?
Since I don’t get my news from memes:
https://finance.yahoo.com/news/unitedhealth-lost-63-billion-value-183122649.html
I get my news from memes, but I appreciate the source confirming it.
- Meme news.
- Meme currency.
- Meme political campaigns.
- Meme advertising.
- Meme reality, or: our current cyberpunk dystopia.
Depose, deny, defend
Think deeply about the state monopoly on violence and what purpose it serves. Consider how non-violence has been used to cull and mitigate the effectiveness of movement politics since the civil rights movement, where a class of “liberal” white moderates gets to decide what is acceptable or unacceptable as protest, while they themselves have never and will never participate in any kind of meaningful involvement to increase the sphere of rights for all people. Understand why the grievance politics of the right have been so effective at splitting the white working class from other members of the working class, that the white working class is also abused and broken to the wheel of this system, even if their critisism of it are misplaced and ill informed.
What a hero. He’s so dreamy too 😍
I don’t know if this is true, but I really hope it is.
I believe it’s true in the sense that the market cap had decreased by an amount equal to what the Canadian healthcare expenditure was for that duration of time.
It’s not true in that market cap isn’t directly the company’s money - it’s just the sum of share values.
Same, what i can tell you is I really don’t pay very much of my taxes to healthcare.
In fact, very little, because 1/3 of our municipal and provincial budget goes to the police 🙃
In the time you typed it you could have looked it up?
Edit the point is something like this is important and instead of believing a meme, you could verify for yourself and ensure misinformation is not propagated. Turns out this is largely accurate but a meme isn’t how I was convinced.
smd
Unfortunately it does nothing for actually solving the problems caused by privatized healthcare and UHC.
The largest detriment from this for the bussiness would be that the CEOs can’t sell their shares at a profit anymore, but could still sell and use losses as a tax write-off.
So you’re saying as long as it happens once a quarter or so, the stocks will remain too low to sell…
But they could still sell and decrease their taxable income for the amount lost, meaning they will effectively always have about 37% of the value no matter how low the stock falls.
And if they turned around and performed a stock buyback when its low then if ever the “revolutionaries” fail that quarter or fall out of popularity then the shareholders could be looking at incredible profits.
This is a political problem that can only be solved by engaging in politics.
Somehow this does not surprise me at all.
I’m not defending our shittacular healthcare, but Canada has about 40 million people while the US has about 341 million. Slight difference in scale.
OK, so a singular healthcare provider out of how many? lost ~10% of the total amount it would cost to provide the entire populace of the united states with universal healthcare on par with Canada’s - which is already more expensive than it needs to be thanks to US propaganda.
Doing the math, UnitedHealth’s net worth before the bullets was very close to enough they could provide universal healthcare to all of the US alone.
Well let’s look at per capita costs then. Canada’s universal healthcare has a cost of around $1500 per person and covers everyone.
Medicare/Medicaid covers ~60 million Americans and costs 820 billion a year for a cost of $13600 per covered person or a total of $2440 per capita in taxes. There is no rational reason why 820 billion can’t provide universal healthcare to every American with change to spare.
This is also referencing only one health insurance company whereas under single-payer healthcare there would be many made irrelevant, I think the comparison is made just to add that sort of perspective
Proceeds to defend thing you’re “not defending”…
