In the last year, the ten richest men in America are 698 billion dollars richer

Not one person said that that is projection.
I just did.
You morons have kept it up since 1972.
Why should anyone other than myself look out for me. World would be better if people started making, instead of taking, all of the generational welfare has to stop.
I know, why are republicans giving free taxpayer $$$ to billionaires?
 
Here is when the leftists nonsense comes in.

Well, big oil companies are receiving subsidiaries but why can't we hand out blank check to the people in need.

When you give them a breakdown of each step from research to drilling and refining oil into gas and other products, they either frown or call you name.
Why do they need tax breaks for that?
The government is giving them $$$ for doing their job?
 
If I produced a cancer cure that made £1/$1 profit from each injection, and 2 billion people bought it, I'm a billionaire. To the Leftwing, I'm despised and should pay obscene amounts in tax. So if you don't want me to be a billionaire, don't buy it.
 
If I produced a cancer cure that made £1/$1 profit from each injection, and 2 billion people bought it, I'm a billionaire. To the Leftwing, I'm despised and should pay obscene amounts in tax.
YES.
So if you don't want me to be a billionaire, don't buy it.
If you're the only game in town, people have no choice.
Then, like most you prevent other people from doing the same.
Through patent laws.

**** that.
 
The ten richest men in America became nearly 700 billion dollars richer in the last year. In the meantime, the GOP and Trump have shut down the AID program, literally taking food out of the mouths of starving children. And here in the states they want to eliminate the SNAP program, take healthcare programs away from low income people, and charge the rest of us more. Just so next year those ten and other very wealthy can gain even more than $700 billion. Wages stagnant, major layoffs happening, and food prices going up, and it looks like they will go up even more rapidly in the coming months. Already in the off year elections, we are seeing people reacting to what they are seeing the GOP and Trump doing to their lives.

You mean the value of their stock went up hundreds of billions. Stock prices increasing has ZERO effect on poor people, or anyone else for that matter. :cuckoo:
 
"Those weren’t invented by billionaires you dipshit. They were invented by regular people who became billionaires by paying low marginal tax rates. You might be the dumbest poster on this board."
Hmm, wonder who said this :auiqs.jpg:
I always respond to insults with this ironic post. I only point it out because you missed it and spent effort looking back at other posts. Its supposed to be funny if you are clever enough.

1762359149065.webp
 
That's the whole scheme right there, see.

The top one percent own at least 50 percent of the stock market.

Let's say your stock portfolio increases by $1 billion in a year.

So long as you don't cash in those gains, you pay no capital gains tax.

However, you can game the system by BORROWING a billion dollars, using your stock as collateral.

Now you have a billion dollars in cash without paying taxes, and you get to invest that billion to make even more capital gains!

Even better, you get to DEDUCT THE INTEREST you pay on that loan!

That's just one of many ways the wealthy have a leg up on everyone else.

.

The Stock market is what my retirement is based on in 401k, well at least mostly until as I get older I move more and more to bonds and money markets, while changing my stock funds from speculative to blue chip earners.
 
Shitty, but sadly true.


No it isn't. How perfectly elitist and sanctimonious of you.

You lefties must be all giddy and shit- knowing how much smarter, better, caring and more good looking you all are than the majority of your fellow citizens.
 
You didn’t answer the question. What is valuable for anyone to have that large a concentration of people’s wealth?

Maybe there is a good answer. Just asking.


It's not the people's wealth. It's their wealth.

If it was in your pockets, it would be your wealth and you'd be bitterly bitching about others trying to steal your wealth.

Y'all don't seem to have a problem digging around in other people's pockets.
 
The ten richest men in America became nearly 700 billion dollars richer in the last year. In the meantime, the GOP and Trump have shut down the AID program, literally taking food out of the mouths of starving children. And here in the states they want to eliminate the SNAP program, take healthcare programs away from low income people, and charge the rest of us more. Just so next year those ten and other very wealthy can gain even more than $700 billion. Wages stagnant, major layoffs happening, and food prices going up, and it looks like they will go up even more rapidly in the coming months. Already in the off year elections, we are seeing people reacting to what they are seeing the GOP and Trump doing to their lives.

For those concerned with the recent economic history of wealth/income inequality in the US, the Powell Memorandum arguably set the process in motion, but 28 years later, the Financial Services Modernization Act fine tuned the oligarchic coup we are currently experiencing:

“The Global Financial Supermarket.” Sweeping Deregulation of the US Banking System

"The adoption of the Financial Services Modernization Act in 1999 is crucial to our understanding of the ongoing 2020-2025 financial crisis.

"Today, the financial system is totally corrupt and so are the governments. Institutional speculators call the shots.

"The 'regulators' are supervised and controlled by Wall Street financial speculators..."

"While the 1999 US Financial Services Act does not in itself break down remaining barriers to the free movement of capital, in practice, it empowers Wall Street’s key players, including Merrill Lynch, Citigroup, J.P. Morgan, Lehman Brothers, etc., to develop a hegemonic position in global banking, overshadowing and ultimately destabilizing financial systems in Asia, Latin America and Eastern Europe…"


How has that worked out for 90% of Americans over the past 26 years?

The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%—And That's Made the U.S. Less Secure
 
And, most important, I see education, whether trades or academic, becoming increasingly out of the reach of our young people.

Obama took over the student loan system. That didn't make education more affordable?
Had to congratulate the son-in-law last evening. He told me he got his student loan paid off in full. LOL, he said he was tired of being played for the fool by the democrats and decided to just do away with the problem. I congratulated him roundly. The man paid for his own education 100%. There are still responsible young people. So proud.
 
15th post
For those concerned with the recent economic history of wealth/income inequality in the US, the Powell Memorandum arguably set the process in motion, but 28 years later, the Financial Services Modernization Act fine tuned the oligarchic coup we are currently experiencing:

“The Global Financial Supermarket.” Sweeping Deregulation of the US Banking System

"The adoption of the Financial Services Modernization Act in 1999 is crucial to our understanding of the ongoing 2020-2025 financial crisis.

"Today, the financial system is totally corrupt and so are the governments. Institutional speculators call the shots.

"The 'regulators' are supervised and controlled by Wall Street financial speculators..."

"While the 1999 US Financial Services Act does not in itself break down remaining barriers to the free movement of capital, in practice, it empowers Wall Street’s key players, including Merrill Lynch, Citigroup, J.P. Morgan, Lehman Brothers, etc., to develop a hegemonic position in global banking, overshadowing and ultimately destabilizing financial systems in Asia, Latin America and Eastern Europe…"


How has that worked out for 90% of Americans over the past 26 years?

The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%—And That's Made the U.S. Less Secure
There is a revolution coming if this continues unaddressed, and it can’t come soon enough.
 
Back
Top Bottom