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Try thinking of money like a circuit; money is spent into circulation and taxed back out. Taxes are used to control inflation which is what destroyed the economies you refer to. Deficit spending is not a good idea when applied to a family budget, but when dealing with a monetary sovereign, more money being spent than being taxed means the non-government, aka the people at large, must gain wealth.You can say that, but it's never worked in all human history. Every single time the state prints endless currency, the result in economic ruins and inflation.
Rich people are bankrupting the country by extracting more value than they produce with a big assist from the Federal Reserve.It's the other way round. Fascism is bankrupting this country. Dems spend money they don't have to appease the corporations that have bought them.
What role did the Internet play in creating all those jobs?Neither. Bezo created all those jobs. Not the workers. Bezos has directed and created the growth of the company. Not the employees.
How many hourly Amazon employees have rich parents?Relentless work ethic.
12-hour days, 7 days a week.
Staying until 3 AM to get products shipped to customers.
Have you done that? Which of the hourly employees at Amazon is putting in that level of dedication? None?
Was that before or after he invented the Internet?You don't know what rules of the game Bezos changed
More Chinese, Russian, Iranian, North Korean propaganda.
Was that before or after he invented the Internet?You don't know what rules of the game Bezos changed
Fascism an indeed “happen here,” but in unique fashion. Fascism, like all other systems, has varying forms. As 20th-century fascisms took shape in Italy, Germany, Japan, and Spain—to take some major examples—the same basic system interacted differently with each country’s particular history and conditions. The fascism where U.S. capitalism is now headed will display unique features as well."DEBT responsible for the push to Fascism? No, that would be the Democratic Party, with help from this nation's enemies - China, Iran, Russia, Soros, etc... - they have aligned themselves with / sold out to.
Concentrated wealth like Jeff's would be bad enough if it didn't buy political power to the extent it does in the US.Sickening. Yet we have Americans who think he deserves his absurd wealth.
Obama revealed his true colors when his campaign accepted $900,000 from Goldman Sachs in 2008; it's virtually impossible for anyone to become a credible candidate for POTUS or the US Senate without selling out first.O did a great job of bailing out big banks and corporations, with American taxpayer dollars. Then did almost nothing for Americans who got screwed by those big banks
Your moron made them Great AgainYou're the moron who introduced them to the thread.
Rich people are bankrupting the country by extracting more value than they produce with a big assist from the Federal Reserve.It's the other way round. Fascism is bankrupting this country. Dems spend money they don't have to appease the corporations that have bought them.
Richard D. Wolff - The U.S. Is Borrowing Its Way to Fascism | Brave New Europe
"Today’s crisis-ridden capitalist economy is more dependent on credit than at any time in the system’s history. More than ever, credit sustains the purchasing power of consumers and of government programs.
"Capitalists depend on that purchasing power.
"Corporations now routinely carry more direct debt than at any time in the nation’s history. Zombie corporations—those whose profits no longer suffice to service their direct debts—now figure sizably in U.S. capitalism.
"Once it was mostly private entities—rich families, banks, insurance companies, and pension funds—that were the chief lenders to corporations.
"They bought and held the corporate bonds and IOUs.
"Now those private lenders increasingly sell their corporate bonds to the Federal Reserve."
Your moron made them Great AgainYou're the moron who introduced them to the thread.
They would NOT need any assistance if Greedy Jeff paid a living wage.Would they need more assistance, or less, if they quit Amazon?
They would NOT need any assistance if Greedy Jeff paid a living wage.Would they need more assistance, or less, if they quit Amazon?
Amazon Wage Theft Case Comes Before The Supreme Court | OurFuture.org by People's Action
He didn't build Amazon without the taxpayer created Internet.He built the company.
When he took it public, he kept a chunk of those shares.
There it is. The old “I’ve got mine, and fuck the rest” mindset. We should change our national motto to this since after all, it’s much more applicable than “In God we trust” or “E Pluribus Unum.” I’m sure you and the Parrot would approve.So he deserves it right?Sickening. Yet we have Americans who think he deserves his absurd wealth.Faces of Greed: Jeff BezosGreed. Without question. As unjust as that is, it’s even worse because that little fucker Bezos has enormous political power, because of his enormous wealth
"Faces of Greed: Jeff Bezos
Amazon founder Jeff Bezos' wealth increases by $275 million every single day. Meanwhile, Amazon workers have to rely on food stamps and public assistance just to survive. This is what a rigged economy is all about."
Sickening. Yet we have Americans who think he deserves his absurd wealth.
Deserve has nothing to do with it.
He built the company, the wealth is his.
LOL....
Do you not even see how illogical your question is?
Do I "Deserve" tomatoes for free? Do I? Is there something magical about me, that I just deserve free tomatoes?
But, if I get a pot, and put dirt in it, and plant tomatoes in it, and fertilize it, and water it..... I will end up with free tomatoes!
Because I made it happen. Not about 'deserving' it. I did it... therefore I got it.
Brian Scudamore didn't "deserve" to end up a multi-millionaire. But he got a truck, and started hauling trash. He earned the $900. He bought the pickup truck. He started driving around hauling trash.
Thus he had a company.... because he built a company. That's how life works.
The farmer isn't standing around "I deserve fields of crops". He plows the field. Plants the field. Waters the field. And thus ends up with a field of crops.
Nothing about this, has anything to do with "deserving". It's the natural way life works. You harvest what you plant. You collect, what you work for.
Inequality Is America's Monster Id
Privilege and inequality are two sides of the same coin. Those with privilege get more than everyone else without actually creating more value, which is the definition of inequality.
What few seem to grasp is the absolute source of inequality / privilege is our financial system, specifically the way we create and distribute money.
Few people connect the dots between a central bank (the Federal Reserve) creating money out of thin air and giving the super-wealthy first dibs on this new money, and the vast inequalities of wealth and power that are widening to the point of social disorder on a grand scale.
While the majority may not fully understand the source of inequality, they do intuit that billionaires got the mine and the rest of us got the shaft.
Of Two Minds - Inequality Is America's Monster Id
Move to Russia, Rubery that argument in court, loser.
How has Apple stock fared since Steve died?What happens when Bezo is removed as head of Amazon?
Let me give you a hint. In 1995 to 1997, when Steve jobs was gone from Apple... what happened to Apple? Do you remember?
The companies stock value dropped down to 12¢ a share. Apple laid off thousands of workers.
How about Microsoft since Bill Gates stepped down from running the corporation?
All three parasites earned their fortunes because taxpayers created the Internet, yet Apple consistently refuses to pay its fair share of taxes.
In short the US economy would not be fundamentally different if Bezos, Gates, and Jobs had never been born.
