Brilliant concussive conclusion!'let me be honest with you " ?
so Bernie do we conclude you have not been honest with us for the past 83 years of your life?
Well, he is a politician.'let me be honest with you " ?
so Bernie do we conclude you have not been honest with us for the past 83 years of your life?
You mean if the US under Sanders was a Communist state?The US would have been much better if Sanders had been in power years ago.
Ok ok there would probably have been fewer billionaires but we could live with that.
the ones supporting Bernie have no idea about risk/ return trade off and how it is absolutely critical for a functioning economyYou mean if the US under Sanders was a Communist state?
btw billionaires aren't the problem. The people who suggest they are the problem are the ones who are the problem.
The billionaires are the ones trying to turn the country into a communist state. As good oligarch, they know they would calmly control everything much more easily.You mean if the US under Sanders was a Communist state?
btw billionaires aren't the problem. The people who suggest they are the problem are the ones who are the problem.
concentration of wealth is a problem, and billionaire controlling the political system is a problem. Does a polical system that serves billionaires also serve the masses? Why do we need billionaires, we have stockmarkets to provide capital. Does it make any difference to Elon Musk if he had only 7 or 8B vs 440?You mean if the US under Sanders was a Communist state?
btw billionaires aren't the problem. The people who suggest they are the problem are the ones who are the problem.
Billionaires make their money by providing what people want. No one forces you to buy their products & services. That's not Communism...that's Capitalism. So why should they be blamed and punished for their innovation and smart decisions?The billionaires are the ones trying to turn the country into a communist state. As good oligarch, they know they would calmly control everything much more easily.
Due to healthcare, 325k people file for personal bankruptcy in the US annually, compared to zero in Canada. Of course, this does not affect the rich.
Why do you want to limit what someone can make if they are the ones who were innovative and took all the risks to get there?concentration of wealth is a problem, and billionaire controlling the political system is a problem. Does a polical system that serves billionaires also serve the masses? Why do we need billionaires, we have stockmarkets to provide capital. Does it make any difference to Elon Musk if he had only 7 or 8B vs 440?
In 2023 there were 434K non business bankruptcies in the U.S. You mean to tell me that 75% of those are due to not being able to pay medical bills? I don't buy that for a second. By far the #1 factor leading to bankruptcy is loss of income/job. There are other factors such as overextending mortgage debt, irresponsible spending or loaning too much money to family/friends.The billionaires are the ones trying to turn the country into a communist state. As good oligarch, they know they would calmly control everything much more easily.
Due to healthcare, 325k people file for personal bankruptcy in the US annually, compared to zero in Canada. Of course, this does not affect the rich.
capitalism is good until we reach the end of the monopoly game.Why do you want to limit what someone can make if they are the ones who were innovative and took all the risks to get there?
The socialists (ie Communists) want to convince you that successful people are the problem. They're not.
No one forces you to use Amazon, Facebook, or Tesla. So why punish them for being successful?
That makes no sense and completely ignores the points I made and the question I asked you.capitalism is good until we reach the end of the monopoly game.
So it's better to give all the money to a few billionaires? Their problem is at this pace within 10 years or so they will run out of other people's money.That makes no sense and completely ignores the points I made and the question I asked you.
btw the problem with Socialism is that we eventually run out of other people's money.
In 2023 there were 434K non business bankruptcies in the U.S. You mean to tell me that 75% of those are due to not being able to pay medical bills? I don't buy that for a second. By far the #1 factor leading to bankruptcy is loss of income/job. There are other factors such as overextending mortgage debt, irresponsible spending or loaning too much money to family/friends.
Not entirely true, the bankrupt don't pay their creditors.Of course, this does not affect the rich.
How is inheriting billions taking a risk lol. I am quite fortunate, but the growing stratification of wealth will make our country poorer and more like HaitiSo people like to bitch about billionaires and what they got. I get they don't pay their fair share of taxes.
But don't blame them for being successful. They took all the risk.
Do people expect them to take much of their wealth and start giving it away to buy houses for the poor, randomly pay for peoples health care?
I would love to be a billionaire or even a multimillionaire but I'm not.
One thing I don't do is blame billionaires for my own situation.
I say good for them. They had the smarts and balls to take the risks.