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Mar 8 2018 07:03pm


Trump wins again lads
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Mar 8 2018 07:05pm
Quote (Ghot @ Mar 8 2018 07:50pm)
I'm not trying to dis your steel industry, but allow me to put it in perspective.

In 1900 just one steel company (owned by Andrew Carnegie) had profits of $480 million, which in today's dollars is $13 billion, and that was just one company.




$1.466 billion in 1901 would be equivalent to $40 billion today. And this was all back in 1900.


/e




/ee I think most of the reason that the US sort of took over the steel industry was that we had pretty much unlimited supplies of coal, iron ore, coke, etc... all in the northeast part of the country.


Carnegie had slave labor conditions. He had to use mercenaries to force people to work. He built slave cities and owned his workers and their families.

He had it set up that people made enough money off of him to barely pay him rent and buy food off him, while being bound to his cities by a private army.

He better have made some cheese. He was a Robber-Baron FFS.

This post was edited by Skinned on Mar 8 2018 07:05pm
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Mar 8 2018 07:06pm
Quote (tonerbond @ Mar 8 2018 08:03pm)




Wow, it's almost like I called that in post #119. :)


/e

Quote (Skinned @ Mar 8 2018 08:05pm)
Carnegie had slave labor conditions. He had to use mercenaries to force people to work. He built slave cities and owned his workers and their families.

He had it set up that people made enough money off of him to barely pay him rent and buy food off him, while being bound to his cities by a private army.

He better have made some cheese. He was a Robber-Baron FFS.


You don't know the half of it. He was far worse than that.

He had a group of... enforcers, called the pug-uglies. They used to wear rings with small knife blades on them. They were used for gouging out eyes.
He only had one rule for his pug-uglies. "Never take both a man's eyes". Cause then they have nothing left to live for and they WILL come after you.

Look it up. ^^


/e It wasn't just Carnegie, it was the times. The coal industry was the same way but with credit instead of knives...






The "Company Stores" in the coal mines sold any and everything you could possibly need, and it was all way over priced. So the coal mines gave credit.
You couldn't quit, until you payed off your "Company Store" debt.

This post was edited by Ghot on Mar 8 2018 07:25pm
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Mar 8 2018 07:23pm
Quote (tonerbond @ Mar 8 2018 08:03pm)


Nice scene actually.

Trump might strongly feel this is right. This might be the one thing he actually cares about, I think.

This post was edited by Skinned on Mar 8 2018 07:24pm
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Mar 8 2018 07:27pm







I'm actually kind of happy that big steel is coming back. Ofc, it won't be the way it was back in the 1900's, but it will be great for the economy.
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Mar 8 2018 07:29pm


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Mar 8 2018 07:29pm
Quote (Ghot @ Mar 8 2018 05:27pm)
http://www.youtube.com/watch?v=KnnHprUGKF0




I'm actually kind of happy that big steel is coming back. Ofc, it won't be the way it was back in the 1900's, but it will be great for the economy.



Its a low skill career that is necessary if we’re leaving borders open

Quote (Skinned @ Mar 8 2018 05:23pm)
Nice scene actually.

Trump might strongly feel this is right. This might be the one thing he actually cares about, I think.


You were supposed to “alex jones/10” me and laugh
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Mar 8 2018 07:44pm
Quote (tonerbond @ Mar 8 2018 08:29pm)
Its a low skill career that is necessary if we’re leaving borders open


Not low skill anymore.
When the US gave up on the steel industry it ripped the souls from most of the people in the northeast of the US.

The US gave up big steel cause of the pollution it caused.
In the 60's and the 70's when I was young, we lived in upper middle class suburbia about 20 miles from Pittsburgh, PA.
Every morning you could smell the sulfur dioxide form the steel mills. (the rotten egg smell)
Almost every family, no matter their actual job, was involved in the steel business in one way or another.

Most of the steel mills shut down in the 80's and them steam cleaned Pittsburgh. All the buildings were black with soot.
When I came back to Pittsburgh in the late 90's I couldn't believe how "clean" the buildings were.
We never even knew what color the buildings were until they cleaned them.

It was a bad time in one way (during the big steel years), but almost everyone made a really decent living.
Then the mills shut down and it tore the heart out of Pittsburgh, among many other cities.

Maybe NOW they will recover their old glory. ^^



/e Guess where the largest iron ore deposits in the world are located?

Baffin Island, Canada... with an estimated 4 billion tons of iron ore. It is kind of on the Arctic Circle though, only 3.5 months of daylight per year.

This post was edited by Ghot on Mar 8 2018 08:04pm
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Mar 8 2018 11:18pm
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Mar 9 2018 05:00am
Quote (Ghot @ Mar 9 2018 01:50am)
I'm not trying to dis your steel industry, but allow me to put it in perspective.


Nor was I responding as if you were. I might diss you about the irrelevance of the market balance 100 years ago, "to put things into perspective"
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