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brush

(61,033 posts)
52. Not necessarily. Medallions, as they're called, were investments...
Sun Nov 10, 2019, 04:53 PM
Nov 2019

that cab owners (often driver-owners) made for their future retirement after working many years on a tough and dangerous job. They provided retirement nest eggs for many years for people but now they've lost them, similar to how people saw their houses lose value in the '08 recession.

It's not a good thing for the ones who lost their future.

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

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0 members have recommended this reply (displayed in chronological order):

no handmade34 Nov 2019 #1
No. hay rick Nov 2019 #2
I tend to agree. Moreover, I think predatory lending is to blame redqueen Nov 2019 #4
I don't really see the two as comparable, but I guess I can see the point he's making. cwydro Nov 2019 #3
I can kinda see the point. redqueen Nov 2019 #5
Yeah, it's a very rough business. cwydro Nov 2019 #6
And I think that was kind of his point. I wouldn't have known about those suicides redqueen Nov 2019 #9
Glad you posted it. cwydro Nov 2019 #10
I drove a cab for six months in LA. At the time, robbers were dousing drivers with gasoline... NNadir Nov 2019 #13
Why don't you write a fictional book about your experiences? Blue_true Nov 2019 #40
Writing it would be reliving it. To the extent I am willing to relive it... NNadir Nov 2019 #50
You have a good perspective on it all. It is always refreshing to see people that grow from Blue_true Nov 2019 #51
I drove a cab too back in the day before getting... brush Nov 2019 #29
People never realize how hard that job is. cwydro Nov 2019 #30
I worked as a short-order cook while in college. Blue_true Nov 2019 #41
I did concrete construction and ran a jackhammer for a (3) summer job in college. Hassin Bin Sober Nov 2019 #43
The work that you did was no walk in the park. Blue_true Nov 2019 #45
no rampartc Nov 2019 #7
What? Suicide? cwydro Nov 2019 #11
no. stress. rampartc Nov 2019 #16
Partly. Financial stress can lead to suicide. Blue_true Nov 2019 #42
Agree... JoeOtterbein Nov 2019 #8
I don't know about international response, but yes, it's a real at-home example of how the excesses KPN Nov 2019 #12
Nope relayerbob Nov 2019 #14
Recently I had a talk with a uber driver who used to be a cab driver drray23 Nov 2019 #15
There is something wrong in a system where a cab license can be sold for 1 million dollars. Nitram Nov 2019 #18
Let's understand something about taxis in NYC... brooklynite Nov 2019 #19
I actually already knew all of that. I still say if a license can cost 1 million dollars, the system Nitram Nov 2019 #20
Now consider the alternative brooklynite Nov 2019 #26
The same could be used as an argument against affordable mass transportation, which is far Nitram Nov 2019 #32
One time when I was in NYC, I decided to use a van service as a change of pace. Blue_true Nov 2019 #44
This makes no sense relayerbob Nov 2019 #25
Don't you think driving in Manhattan itself can be absolutely maddening? CTyankee Nov 2019 #38
Service for whom? Sure in the big picture (** maybe ** ) MH1 Nov 2019 #28
When an occupation becomes dysfunctional or obsolete some individuals suffer. I don't see many Nitram Nov 2019 #33
Not necessarily. Medallions, as they're called, were investments... brush Nov 2019 #52
Betting on the future value of medallions sounds to me like an unsustainable type of speculation. Nitram Nov 2019 #55
Why you're such an empathetic sort. Of course things change... brush Nov 2019 #56
Are you kidding? No one knows anything about the lives of Asian sweatshop workers. Nitram Nov 2019 #17
There's actually quite a lot written about it. cwydro Nov 2019 #21
But international outrage when one commits suicide? C'mon, it never gets that granular. Nitram Nov 2019 #22
Of course. You're right. cwydro Nov 2019 #23
I believe many Democrats do indeed care, but have little power to get more information or take Nitram Nov 2019 #31
Exactly. A lot of us do know about it, and care. redqueen Nov 2019 #35
Blood diamonds as well. brush Nov 2019 #53
Well, a lot of cops have also killed themselves. oldsoftie Nov 2019 #24
Jesus. redqueen Nov 2019 #36
Definitely. I'll never understand it I guess. And I hope it never hits close to home oldsoftie Nov 2019 #39
To be fair, no. OnDoutside Nov 2019 #27
I don't think I'm reading it right. Iggo Nov 2019 #34
I can't say for sure, but to me, it seems like he's just saying redqueen Nov 2019 #37
I thought he was referring to Americans who are not concerned about working conditions for Nitram Nov 2019 #46
But it seems like he is also blaming lyft......? nt UniteFightBack Nov 2019 #49
I feel like he's blaming Lyft just as he would blame the sweatshops. nt UniteFightBack Nov 2019 #48
Financial stress because the rent is too damn high. nt UniteFightBack Nov 2019 #47
I knew about it. soryang Nov 2019 #54
I don't think it's helpful to make a comparison loyalsister Nov 2019 #57
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