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Act One: Delivering on the Promise. Delivering on President Tinubu's commitment to Nigerian workers: - Pension assets increased by 51%, rising from ₦20.7 trillion to ₦31.48 trillion, creating ₦10.7 trillion in new retirement wealth in just two years. - 938,229 new contributors enrolled into the Contributory Pension Scheme (CPS),... show more

Daddy D.O🇳🇬

372,380 subscribers

21,929 次观看 • 2 个月前 •via X (Twitter)

Anya Rossi• Live Now

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13 条评论

Ayo 的头像

Ayo2 个月前

President Bola Ahmed Tinubu deserves appreciation for the efforts being made to strengthen Nigeria's economy and improve the welfare of retirees. While there is still more work to be done, We appreciate these efforts and hope to see even greater progress for the benefit of all Nigerians.

Evergreen (Oje) 的头像

Evergreen (Oje)2 个月前

It can only get better bigger and brighter with PBAT.

𝕊𝕀𝕊𝕋𝔸𝕃𝕀𝔸ℕ𝕆 🇳🇬💐 的头像

𝕊𝕀𝕊𝕋𝔸𝕃𝕀𝔸ℕ𝕆 🇳🇬💐2 个月前

Expanding pension coverage by almost one million new contributors is a major step towards securing the future of Nigerian workers. This is how sustainable economic reforms should look.

Muhammad Muhammad Musa 的头像

Muhammad Muhammad Musa2 个月前

This actually made me stop scrolling 👏

Abdul bala gusau 的头像

Abdul bala gusau 2 个月前

PBAT is Working…

Snr Aluko 的头像

Snr Aluko2 个月前

@officialABAT, the Mr. Reformer has started so many economic reforms, the benefits of which we are beginning to see. These reforms are now delivering tangible results as shown in key economic indicators. God bless our uncommon President

THIS IS MATTARRAXXZZEE 的头像

THIS IS MATTARRAXXZZEE2 个月前

Tinubu has kept to his promises

Ali Mamman Lau 的头像

Ali Mamman Lau2 个月前

Tinibunomics Economy reform assured

HMG🧕🏻 的头像

HMG🧕🏻2 个月前

He’s doing great PBAT

Osborne_Osberry 的头像

Osborne_Osberry2 个月前

Nearly one million new contributors (938,229) have joined the Contributory Pension Scheme, expanding retirement security to more Nigerians.

O.G OF SOKOTO🤴🏽 的头像

O.G OF SOKOTO🤴🏽2 个月前

I knew I didn't back rubish. PBAT till 2031

Commyhot1 的头像

Commyhot12 个月前

Promises made, promises being fulfilled.

Habibu Bello Mayana 的头像

Habibu Bello Mayana2 个月前

May Tinubu succeed.

相关视频

Nigeria’s pension assets grew by 51% in two years, rising from ₦20.79 trillion to ₦31.48 trillion. Membership of the Contributory Pension Scheme also increased by nearly 1 million to 11.32 million. - PenCom DG, Omolola Oloworaran at today’s press conference

Nigeria’s pension assets grew by 51% in two years, rising from ₦20.79 trillion to ₦31.48 trillion. Membership of the Contributory Pension Scheme also increased by nearly 1 million to 11.32 million. - PenCom DG, Omolola Oloworaran at today’s press conference

Imran Muhammad

103,320 次观看 • 2 个月前

Omolola Oloworaran, Director-General of the National Pension Commission (PenCom), highlighted major pension reforms and achievements, including: ₦758 billion intervention bond that cleared pension obligations accumulated over two decades. Landmark pension increase for retirees under the Contributory Pension Scheme (CPS). First review of NSITF pensions in 21 years, with some pensioners receiving increases of over 1,000%. Introduction of a new end-of-service benefit scheme for retiring employees of Treasury-funded MDAs. Launch of the Minimum Pension Guarantee to strengthen retirement income security. Introduction of the PenCare Health Initiative, expected to commence within the next three months, to provide healthcare support for retirees alongside their pensions.

Omolola Oloworaran, Director-General of the National Pension Commission (PenCom), highlighted major pension reforms and achievements, including: ₦758 billion intervention bond that cleared pension obligations accumulated over two decades. Landmark pension increase for retirees under the Contributory Pension Scheme (CPS). First review of NSITF pensions in 21 years, with some pensioners receiving increases of over 1,000%. Introduction of a new end-of-service benefit scheme for retiring employees of Treasury-funded MDAs. Launch of the Minimum Pension Guarantee to strengthen retirement income security. Introduction of the PenCare Health Initiative, expected to commence within the next three months, to provide healthcare support for retirees alongside their pensions.

Daddy D.O🇳🇬

17,614 次观看 • 2 个月前

Additional milestones highlighted include: - The first NSITF pension review in 21 years, increasing some monthly pensions from ₦18,000 to ₦206,000—an increase of over 1,000%, with all arrears fully paid. - Three pension increases within 24 months, including the 22% Pension Boost, the ₦32,000 monthly consequential adjustment, and over 20% additional increases in monthly pensions and lump-sum payments following the clearance of outstanding pension obligations. - Retirement benefit approvals now completed within 48 hours, significantly improving service delivery for retirees. - Pension compliance has risen by 28% in just two years, driven by stronger enforcement, mandatory pension clearance across the pension ecosystem, collaboration with the EFCC and ICPC, and plans for a Presidential Executive Order to further strengthen compliance.

Additional milestones highlighted include: - The first NSITF pension review in 21 years, increasing some monthly pensions from ₦18,000 to ₦206,000—an increase of over 1,000%, with all arrears fully paid. - Three pension increases within 24 months, including the 22% Pension Boost, the ₦32,000 monthly consequential adjustment, and over 20% additional increases in monthly pensions and lump-sum payments following the clearance of outstanding pension obligations. - Retirement benefit approvals now completed within 48 hours, significantly improving service delivery for retirees. - Pension compliance has risen by 28% in just two years, driven by stronger enforcement, mandatory pension clearance across the pension ecosystem, collaboration with the EFCC and ICPC, and plans for a Presidential Executive Order to further strengthen compliance.

Daddy D.O🇳🇬

43,207 次观看 • 2 个月前

It seems Amaany doesn’t fully understand how pensions work. Mohamed Nasheed didn’t introduce 5,000 MVR old age benefit as a permanent allowance for all Maldivians. Before his time, there was no contributory retirement pension system. So, he introduced one (7% employee, 7% employer), along with the 5,000 MVR benefit as an immediate measure to support those who weren’t receiving any retirement pension. Cause back then only gov employees were getting it. The idea is that everyone should contribute to their retirement pension fund while they are working. The full benefits of this system will be felt in about 50 years, when most people will receive a pension from their own savings. Only a small percentage of people, those who are not part of the retirement pension, will continue receiving the 5,000 MVR from the gov. In 50 years, parents won’t have to depend on the gov or their children for financial support in old age. They will be funding their own retirement through the pension system. So, the 5,000 MVR old age benefit is not a permanent allowance for everyone. It was designed to help those who wouldn’t otherwise have a pension and over time, fewer people will rely on it. This is a sustainable system. Cause people fund their own retirement from own savings.

It seems Amaany doesn’t fully understand how pensions work. Mohamed Nasheed didn’t introduce 5,000 MVR old age benefit as a permanent allowance for all Maldivians. Before his time, there was no contributory retirement pension system. So, he introduced one (7% employee, 7% employer), along with the 5,000 MVR benefit as an immediate measure to support those who weren’t receiving any retirement pension. Cause back then only gov employees were getting it. The idea is that everyone should contribute to their retirement pension fund while they are working. The full benefits of this system will be felt in about 50 years, when most people will receive a pension from their own savings. Only a small percentage of people, those who are not part of the retirement pension, will continue receiving the 5,000 MVR from the gov. In 50 years, parents won’t have to depend on the gov or their children for financial support in old age. They will be funding their own retirement through the pension system. So, the 5,000 MVR old age benefit is not a permanent allowance for everyone. It was designed to help those who wouldn’t otherwise have a pension and over time, fewer people will rely on it. This is a sustainable system. Cause people fund their own retirement from own savings.

Hassan Kurusee

55,551 次观看 • 1 年前

One of the worst effects of the wage ceiling under EPF being increased from 15,000 to 25,000 is that a lot more people will be sucked into the employees pension scheme or EPS. This was earlier not applicable if your basic wage was above 15,000 & you joined service after 2014. More money in EPS means either: 1) You withdraw before 10 yrs service & get no interest on it (interest free loan to govt) 2) Don't withdraw for 10 years & your money gets locked till age 58 effectively

One of the worst effects of the wage ceiling under EPF being increased from 15,000 to 25,000 is that a lot more people will be sucked into the employees pension scheme or EPS. This was earlier not applicable if your basic wage was above 15,000 & you joined service after 2014. More money in EPS means either: 1) You withdraw before 10 yrs service & get no interest on it (interest free loan to govt) 2) Don't withdraw for 10 years & your money gets locked till age 58 effectively

Neil Borate

60,396 次观看 • 4 天前

UPDATE: Gov. Kathy Hochul is proposing around $8 BILLION in state assistance to Mayor Mamdani’s NYC over the next two years. This is the total new state support — building on earlier commitments plus the latest $4 billion package: • Additional $4 billion in gap-closing support (announced May 12) • $352 million direct cash aid • $3.2+ billion in pension restructuring, class size flexibility & other state authorizations • $500 million annually from the new pied-à-terre tax on luxury second homes Far more state backing than many expected. Do you think the rest of New York State should be bailing out NYC? (Video: AI)

UPDATE: Gov. Kathy Hochul is proposing around $8 BILLION in state assistance to Mayor Mamdani’s NYC over the next two years. This is the total new state support — building on earlier commitments plus the latest $4 billion package: • Additional $4 billion in gap-closing support (announced May 12) • $352 million direct cash aid • $3.2+ billion in pension restructuring, class size flexibility & other state authorizations • $500 million annually from the new pied-à-terre tax on luxury second homes Far more state backing than many expected. Do you think the rest of New York State should be bailing out NYC? (Video: AI)

Paul A. Szypula 🇺🇸

41,730 次观看 • 4 个月前

This conversation has generated a fair bit of conversation so I think it’s worth elaborating on. There is a common misconception that superannuation is decreasing the number of retirees on the pension. As per ASFA figures attached in comments - the median balance for men and women aged 60-64 is $220k and $164k respectively. That is nowhere near enough to get off the full pension which starts to reduce when a home owning single person has assets of $321k. The pension cuts out entirely if a home owning single person has assets of $714k. In other words, well over half of people about to retire have barely half the level of assets needed to get off the full pension. This is worse than when Superannuation began in 1992 when 77% of retirees were receiving a pension. 50% were receiving a full pension and 27% were receiving a part pension. Furthermore as per the ABS figures attached in comments below, 40% of people now retiree with a mortgage up from 10% in 1992. These figures are over five years old so the figure is probably worse. That means that most people have to cash in their super when they retire to pay off their mortgage and then go onto the pension anyway. Then there is the whole return on investment scenario - if house prices are growing the same as or faster than superannuation returns, then yet again it becomes a false economy. In other words Superannuation is not achieving its stated aim. The Productivity Commission estimates the cost of running Superannuation is around 1% of funds under management or $40 billion per year. Australia doesn’t need more financial engineers in this country, we need real engineers building real assets not paper assets. Nor should we be investing superannuation money overseas in foreign infrastructure when our own country desperately needs more infrastructure investment.

This conversation has generated a fair bit of conversation so I think it’s worth elaborating on. There is a common misconception that superannuation is decreasing the number of retirees on the pension. As per ASFA figures attached in comments - the median balance for men and women aged 60-64 is $220k and $164k respectively. That is nowhere near enough to get off the full pension which starts to reduce when a home owning single person has assets of $321k. The pension cuts out entirely if a home owning single person has assets of $714k. In other words, well over half of people about to retire have barely half the level of assets needed to get off the full pension. This is worse than when Superannuation began in 1992 when 77% of retirees were receiving a pension. 50% were receiving a full pension and 27% were receiving a part pension. Furthermore as per the ABS figures attached in comments below, 40% of people now retiree with a mortgage up from 10% in 1992. These figures are over five years old so the figure is probably worse. That means that most people have to cash in their super when they retire to pay off their mortgage and then go onto the pension anyway. Then there is the whole return on investment scenario - if house prices are growing the same as or faster than superannuation returns, then yet again it becomes a false economy. In other words Superannuation is not achieving its stated aim. The Productivity Commission estimates the cost of running Superannuation is around 1% of funds under management or $40 billion per year. Australia doesn’t need more financial engineers in this country, we need real engineers building real assets not paper assets. Nor should we be investing superannuation money overseas in foreign infrastructure when our own country desperately needs more infrastructure investment.

Gerard Rennick

44,183 次观看 • 6 个月前

My request to HMO Sh Amit Shah ji & WB CM designed Sh Suvendu Adhikari Ji Please start a monetary pension scheme to all these 321 families who have lost their loved ones through the cruel hands of communists & TMC These families haven’t just established BJP in WB but contributed to the sovereignty & security of the nation on eastern front from illegal migrants Also name this pension scheme as ‘Left Political Violence Allowance’ so that it reminds generations about these atrocities done by Communists & TMC goons Even a meagre 20k per month would be just 40 Cr burden for new WB Govt for 5 years But the message send will be very large

My request to HMO Sh Amit Shah ji & WB CM designed Sh Suvendu Adhikari Ji Please start a monetary pension scheme to all these 321 families who have lost their loved ones through the cruel hands of communists & TMC These families haven’t just established BJP in WB but contributed to the sovereignty & security of the nation on eastern front from illegal migrants Also name this pension scheme as ‘Left Political Violence Allowance’ so that it reminds generations about these atrocities done by Communists & TMC goons Even a meagre 20k per month would be just 40 Cr burden for new WB Govt for 5 years But the message send will be very large

Flt Lt Anoop Verma (Retd.) 🇮🇳

10,053 次观看 • 4 个月前

"T. Rowe Price spent 89 years being the responsible one and they just got the green light to put XRP and Dogecoin into your retirement portfolio" "T. Rowe Price is the most responsible pension manager on the planet. They got approval for TKNZ, their active crypto ETF. They can choose up to 15 assets and actively index them, and that goes as far down the risk curve as Shiba Inu and Dogecoin" "Grandpa's pension is about to be exposed to a coin named after a dog from a 2013 meme. It's astounding those things are now being included in an ETF product from T. Rowe Price" "This is a meaningful story because it's a new distribution channel for advisors and retirement money reaching crypto through a very trusted brand. The way people generally invest is through indexing. When you get an index fund of the top five to 15 assets from someone like T. Rowe Price, every other entity is going to follow"

The Wolf Of All Streets

19,666 次观看 • 3 个月前

A powerful statement is being made by retired police officers marching to Aso Rock Villa. Yet the contrast could not be clearer. Bola Ahmed Tinubu Bola Ahmed Tinubu as a former governor of Lagos State, enjoys one of the most generous retirement benefit structures anywhere in the world, benefits that continue even while he serves as President. Beyond that, he is widely known to retain deep economic interests and influence tied to Lagos. Meanwhile, those who spent their lives in service within the police force are subjected to the harsh and degrading realities of the Contributory Pension Scheme (CPS), a system that has left many retirees in hardship and uncertainty. If there is any sincerity in leadership, the next decisive step is obvious: remove police pensioners from the slavish CPS and restore dignity to those who risked everything in service to the country.

A powerful statement is being made by retired police officers marching to Aso Rock Villa. Yet the contrast could not be clearer. Bola Ahmed Tinubu Bola Ahmed Tinubu as a former governor of Lagos State, enjoys one of the most generous retirement benefit structures anywhere in the world, benefits that continue even while he serves as President. Beyond that, he is widely known to retain deep economic interests and influence tied to Lagos. Meanwhile, those who spent their lives in service within the police force are subjected to the harsh and degrading realities of the Contributory Pension Scheme (CPS), a system that has left many retirees in hardship and uncertainty. If there is any sincerity in leadership, the next decisive step is obvious: remove police pensioners from the slavish CPS and restore dignity to those who risked everything in service to the country.

Omoyele Sowore

44,093 次观看 • 5 个月前

BREAKING: David david friedberg says "California is functionally bankrupt" "People don't realize how screwed California is, & I worry that if California falls, so does the union. "$250 billion to $1 trillion short." "This is because for California to get rescued would be a big cost to red states, & I think it creates in the years ahead a lot of tension." "California's functional bankruptcy is a major risk to the country. & I think we need to figure out what we can change to fix it." How we got here: "California has a public pension system, & that public pension system retirees have paid into it & they get some benefits out, & the amount that they're owed back out is somewhere between $250 billion - $1 trillion dollars more than has been paid in. $250 billion to $1 trillion short. If it was the federal government, it would be like, okay, we'll just print more money. California doesn't have the ability to print money, so California has to pay this out, and you can't restructure retirement benefits. There is a Supreme Court case in California that said that once an employee has been offered retirement benefits, even if they're currently an employee, you can never restructure their retirement benefits. It has to stay forever, and the state cannot declare bankruptcy. There's no way for the state to functionally declare bankruptcy. There's no law to allow it. No state has ever declared bankruptcy, and the retirement benefits sit senior to the bonds in California. So you have to pay out the retirement benefits before you pay out all the bond holders that have loaned California the money that they use to run all their programs and services." Hill & Valley Forum 2026 (The Hill & Valley Forum)

BREAKING: David david friedberg says "California is functionally bankrupt" "People don't realize how screwed California is, & I worry that if California falls, so does the union. "$250 billion to $1 trillion short." "This is because for California to get rescued would be a big cost to red states, & I think it creates in the years ahead a lot of tension." "California's functional bankruptcy is a major risk to the country. & I think we need to figure out what we can change to fix it." How we got here: "California has a public pension system, & that public pension system retirees have paid into it & they get some benefits out, & the amount that they're owed back out is somewhere between $250 billion - $1 trillion dollars more than has been paid in. $250 billion to $1 trillion short. If it was the federal government, it would be like, okay, we'll just print more money. California doesn't have the ability to print money, so California has to pay this out, and you can't restructure retirement benefits. There is a Supreme Court case in California that said that once an employee has been offered retirement benefits, even if they're currently an employee, you can never restructure their retirement benefits. It has to stay forever, and the state cannot declare bankruptcy. There's no way for the state to functionally declare bankruptcy. There's no law to allow it. No state has ever declared bankruptcy, and the retirement benefits sit senior to the bonds in California. So you have to pay out the retirement benefits before you pay out all the bond holders that have loaned California the money that they use to run all their programs and services." Hill & Valley Forum 2026 (The Hill & Valley Forum)

Molly O’Shea

2,673,979 次观看 • 6 个月前

There's a big NEW "Beautiful Bill!" Let's break it down: - $4.5 TRILLION in tax cuts (mostly to the wealthy) - Cutting $2 TRILLION from safety net programs - Goal: pass before July 4th, Independence Day Here's where it Gets Real: - Rural hospitals are in the danger zone! They're offering $25 billion for rural healthcare... which sounds like a lot until you realize it's spread over 10 years when we're spending $7 trillion this year alone in the federal budget. - SNAP benefits (the program helping 40 million Americans put food on the table) proposed to be cut that by $200 BILLION. Fun fact: rural communities actually use SNAP more than urban areas! If you or a loved one may be impacted, please drop a line below or write me via Sign up: #medicaid #senate #rural #food

There's a big NEW "Beautiful Bill!" Let's break it down: - $4.5 TRILLION in tax cuts (mostly to the wealthy) - Cutting $2 TRILLION from safety net programs - Goal: pass before July 4th, Independence Day Here's where it Gets Real: - Rural hospitals are in the danger zone! They're offering $25 billion for rural healthcare... which sounds like a lot until you realize it's spread over 10 years when we're spending $7 trillion this year alone in the federal budget. - SNAP benefits (the program helping 40 million Americans put food on the table) proposed to be cut that by $200 BILLION. Fun fact: rural communities actually use SNAP more than urban areas! If you or a loved one may be impacted, please drop a line below or write me via Sign up: #medicaid #senate #rural #food

Heidi Przybyla 🌺

13,817 次观看 • 1 年前

Surreal exchange with Sunak Janet Street-Porter, "Why do you hate pensioners? That's the only conclusion I can come to as a result of the spring budget" Janet Street-Porter "You lowered National Insurance by 4p.. Big deal.. Pensioners don't pay NI.. Then you froze the tax threshold.. So yes you gave us more pension, but that leaves a gap of only £1,000 before the basic average pension to the threshold to paid tax" "So many pensioners are living in poverty, around 2,000,000. Most are living in private rental accommodation.. So there's an argument that pensioners have come our worse" *Rishi Sunak is smirking as she says this* "Worse under the Tories, worse under you. As a pensioner, what I see is are pensioners who would like to take extra jobs to make ends meet, to buy little treats, to go out once a month, to put petrol in the car" *Rishi Sunak takes a sip from his mug* "But if they earn any money. More than £1,000 a year, and go above that threshold, they're going to be paying tax. Now does that seem right?" Rishi Sunak, "So, Janet, I care deeply about pensioners.. It's really important to me personally.. It was a Conservative government that introduced the triple lock" Janet Street Porter, "I'm not criticising that" Rishi Sunak, "We've protected the triple lock.. That means the state pension has gone up by £900" Janet Street Porter, "I know, but so has the cost of basic living.. You have supplied pension credit, but, there's so many people never claimed them" Rishi Sunak, "All pensioners recieved double their winter fuel payments.. State pension has gone up by £900, far greater than inflation and price rises.. About that pensioner who wants to earn that little bit extra, they don't pay National Insurance.. So they aren't paying tax on that work" Janet Street Porter, "Well they are.." *Rishi Sunak talks over her so she cant repeat the point she just made about earning above the threshold and having to pay tax*

Surreal exchange with Sunak Janet Street-Porter, "Why do you hate pensioners? That's the only conclusion I can come to as a result of the spring budget" Janet Street-Porter "You lowered National Insurance by 4p.. Big deal.. Pensioners don't pay NI.. Then you froze the tax threshold.. So yes you gave us more pension, but that leaves a gap of only £1,000 before the basic average pension to the threshold to paid tax" "So many pensioners are living in poverty, around 2,000,000. Most are living in private rental accommodation.. So there's an argument that pensioners have come our worse" Rishi Sunak is smirking as she says this "Worse under the Tories, worse under you. As a pensioner, what I see is are pensioners who would like to take extra jobs to make ends meet, to buy little treats, to go out once a month, to put petrol in the car" Rishi Sunak takes a sip from his mug "But if they earn any money. More than £1,000 a year, and go above that threshold, they're going to be paying tax. Now does that seem right?" Rishi Sunak, "So, Janet, I care deeply about pensioners.. It's really important to me personally.. It was a Conservative government that introduced the triple lock" Janet Street Porter, "I'm not criticising that" Rishi Sunak, "We've protected the triple lock.. That means the state pension has gone up by £900" Janet Street Porter, "I know, but so has the cost of basic living.. You have supplied pension credit, but, there's so many people never claimed them" Rishi Sunak, "All pensioners recieved double their winter fuel payments.. State pension has gone up by £900, far greater than inflation and price rises.. About that pensioner who wants to earn that little bit extra, they don't pay National Insurance.. So they aren't paying tax on that work" Janet Street Porter, "Well they are.." Rishi Sunak talks over her so she cant repeat the point she just made about earning above the threshold and having to pay tax

Farrukh

1,107,246 次观看 • 2 年前

THE BIG MAMDANI LIE! - Zohran Mamdani is out bragging he closed a massive $12 billion NYC budget deficit in record time. What a joke! He didn't fix anything. He borrowed billions from Albany, delayed pension payments into the 2030s, used one-shot gimmicks and pushed costs onto future taxpayers. This is classic big government smoke and mirrors - not leadership. Real fiscal strength means living within your means, cutting waste and delivering results like President Trump does. Not kicking the can and raising taxes on working New Yorkers later. Mamdani turned a tough hand into more debt and future pain for NYC families. Thoughts? ⬇️

THE BIG MAMDANI LIE! - Zohran Mamdani is out bragging he closed a massive $12 billion NYC budget deficit in record time. What a joke! He didn't fix anything. He borrowed billions from Albany, delayed pension payments into the 2030s, used one-shot gimmicks and pushed costs onto future taxpayers. This is classic big government smoke and mirrors - not leadership. Real fiscal strength means living within your means, cutting waste and delivering results like President Trump does. Not kicking the can and raising taxes on working New Yorkers later. Mamdani turned a tough hand into more debt and future pain for NYC families. Thoughts? ⬇️

Bill Mitchell

29,723 次观看 • 4 个月前

NEW LONG FORM VIDEO: The rise and fall of Yahoo Back in 2002, the CEO of Yahoo sat down for dinner with two founders named Larry Page and Sergey Brin. They offered to sell their search engine for $1 billion. Yahoo’s CEO at the time, Terry Semel, initially agreed. But a few days later, the founders came back with a new price: $3 billion. Semel walked away from the deal. That search engine was Google, and today it’s worth more than $2 trillion. Yahoo didn’t just miss the chance to buy Google. They also passed on buying Facebook, and later turned down an opportunity to sell themselves to Microsoft for $45 billion before the company’s decline accelerated. Yahoo was once valued at more than $125 billion. Eventually, it sold for about $4.5 billion, roughly four cents on the dollar. Massive wealth was created, and massive wealth was destroyed. This is the rise and fall of Yahoo.

NEW LONG FORM VIDEO: The rise and fall of Yahoo Back in 2002, the CEO of Yahoo sat down for dinner with two founders named Larry Page and Sergey Brin. They offered to sell their search engine for $1 billion. Yahoo’s CEO at the time, Terry Semel, initially agreed. But a few days later, the founders came back with a new price: $3 billion. Semel walked away from the deal. That search engine was Google, and today it’s worth more than $2 trillion. Yahoo didn’t just miss the chance to buy Google. They also passed on buying Facebook, and later turned down an opportunity to sell themselves to Microsoft for $45 billion before the company’s decline accelerated. Yahoo was once valued at more than $125 billion. Eventually, it sold for about $4.5 billion, roughly four cents on the dollar. Massive wealth was created, and massive wealth was destroyed. This is the rise and fall of Yahoo.

Michael Girdley

17,256 次观看 • 5 个月前

⚠️ 𝗠𝗮𝗿𝗸 𝗖𝗮𝗿𝗻𝗲𝘆𝘀 𝗕𝘂𝗱𝗴𝗲𝘁 𝗶𝘀 𝗮 𝗱𝗶𝘀𝗮𝘀𝘁𝗲𝗿 and where is the mainstream media?⚠️ Here are the 𝗦𝗵𝗼𝗰𝗸𝗶𝗻𝗴 𝗞𝗲𝘆 𝗣𝗼𝗶𝗻𝘁𝘀 exposing how Ottawa is straight-up gaslighting Canadians about our debt crisis: 1. Canada’s “lowest debt in G7” claim is a total scam. • Government brags about 13% net debt-to-GDP (lowest in G7). • TRUTH: They’re counting $890 BILLION in CPP/QPP pension money as “assets” they can use to “offset” debt. • You can’t raid grandma’s pension to pay the Visa bill—that’s fraud accounting. 2. Strip out the pension trick and 𝗖𝗮𝗻𝗮𝗱𝗮’𝘀 𝗱𝗲𝗯𝘁 𝗶𝘀 𝗮𝗰𝘁𝘂𝗮𝗹𝗹𝘆 𝗻𝗲𝗮𝗿 𝘁𝗵𝗲 𝗧𝗢𝗣 𝗼𝗳 𝗚𝟳. • Real total debt-to-GDP: 113% (5th-worst in G7). • Worse than UK (103%), Germany (64%), and closing in on France (117%). • Only Japan is worse. Congrats, we’re G7 debt runners-up! 3. Carney’s “transformative” budget is just Trudeau 2.0 on steroids. • Plans to spend MORE, borrow MORE, pile on MORE debt than even Trudeau projected. • Same failed decade-long deficit party, new suit. 4. Canada’s debt exploded FASTER than every other G7 country. • +25 percentage points in 10 years. • Next worst (France): +17. • We’re the G7’s debt-growth champion—nobody else even close. 5. Mark Carney promised to “always be straight” with Canadians. • Then immediately uses the exact same deceptive pension-accounting trick to justify endless deficits. • Straight-up lied in Week 1. Bottom line: The government is deliberately hiding a 113% debt iceberg by waving around a fake 13% “net debt” mirage built on your retirement savings. Classic Ottawa sleight-of-hand. The Fraser Institute @Martyupnorth_2 Kirk Lubimov Clyde Do Something 🇺🇸🇨🇦 Andy Lee Taxpayer.com Franco Terrazzano

⚠️ 𝗠𝗮𝗿𝗸 𝗖𝗮𝗿𝗻𝗲𝘆𝘀 𝗕𝘂𝗱𝗴𝗲𝘁 𝗶𝘀 𝗮 𝗱𝗶𝘀𝗮𝘀𝘁𝗲𝗿 and where is the mainstream media?⚠️ Here are the 𝗦𝗵𝗼𝗰𝗸𝗶𝗻𝗴 𝗞𝗲𝘆 𝗣𝗼𝗶𝗻𝘁𝘀 exposing how Ottawa is straight-up gaslighting Canadians about our debt crisis: 1. Canada’s “lowest debt in G7” claim is a total scam. • Government brags about 13% net debt-to-GDP (lowest in G7). • TRUTH: They’re counting $890 BILLION in CPP/QPP pension money as “assets” they can use to “offset” debt. • You can’t raid grandma’s pension to pay the Visa bill—that’s fraud accounting. 2. Strip out the pension trick and 𝗖𝗮𝗻𝗮𝗱𝗮’𝘀 𝗱𝗲𝗯𝘁 𝗶𝘀 𝗮𝗰𝘁𝘂𝗮𝗹𝗹𝘆 𝗻𝗲𝗮𝗿 𝘁𝗵𝗲 𝗧𝗢𝗣 𝗼𝗳 𝗚𝟳. • Real total debt-to-GDP: 113% (5th-worst in G7). • Worse than UK (103%), Germany (64%), and closing in on France (117%). • Only Japan is worse. Congrats, we’re G7 debt runners-up! 3. Carney’s “transformative” budget is just Trudeau 2.0 on steroids. • Plans to spend MORE, borrow MORE, pile on MORE debt than even Trudeau projected. • Same failed decade-long deficit party, new suit. 4. Canada’s debt exploded FASTER than every other G7 country. • +25 percentage points in 10 years. • Next worst (France): +17. • We’re the G7’s debt-growth champion—nobody else even close. 5. Mark Carney promised to “always be straight” with Canadians. • Then immediately uses the exact same deceptive pension-accounting trick to justify endless deficits. • Straight-up lied in Week 1. Bottom line: The government is deliberately hiding a 113% debt iceberg by waving around a fake 13% “net debt” mirage built on your retirement savings. Classic Ottawa sleight-of-hand. The Fraser Institute @Martyupnorth_2 Kirk Lubimov Clyde Do Something 🇺🇸🇨🇦 Andy Lee Taxpayer.com Franco Terrazzano

Satire Squad HQ

13,012 次观看 • 10 个月前