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As per, the only thing that trickles down is shit, vomit and piss.
Now, I might be misreading this data, but from what it looks like either one of these billionaires by themselves have more wealth than the bottom 50% of Americans, right?
More like one Billionaire own 5.6 times the wealth of the bottom 50%
“own more” is putting it lightly, they literally own 10 times more than bottom 170 mil people combined
Dragonslayer is an occupation that needs a comeback
This is so disgusting.
It will trickle down any second now
No, no. A little while yet.
They’ve got to get enough to cover
first. THEN it’ll trickle down. For super super sure.
Trust them. Maybe they care.
They’ve got to get enough to cover
Brother, those are treasuries. Nobody is trying to “pay back all the treasuries” except a dozen or so crank libertarianism obsessed with Free Banking.
We’ve never missed a treasury payment in large part because we can’t miss a payment (unwillingly) when we print our own money.
Anyone who claims we can’t pay back the National Debt is either ignorant or lying
That was intended whimsically.
But also,
The FED’s federal in name only.
We already have Musk acting like his own personal country, making personal deals with world leaders that benefit only himself over other nations. Others are probably doing it, too, but we haven’t heard about it.
Now these Sociopathic Oligarchs are heading to trillionaire status, and they WILL be founding their own Corporo-Nations, which will require private armies for security. Eventually, these Corporo-Nations will combine to form their own alliance, combine their armies, and start throwing their weight around militarily, as well as economically.
This is all just a matter of time, and then we’re going to wonder as a planet, Why we didn’t stop those guys back when we had a chance?
I have no doubt at all that ALL of them have violated many laws, in many sectors, to get as rich as they are. Investigate them deeply, prosecute them for their crimes, and confiscate their entire fortunes. If we don’t do that, it is absolutely certain that we will come to regret it.
The age of kings returns.
What’s kind of depressing about this is it’s essentially the back story to the Earth in the Alien franchise. They dissolved governments and just let the five major corporations (ran by individual trillionaires) run the world.
Not shown: the innumerable corporate wars fought to create and expand these borders.
This is already happening guys, this IS going to be our medium-term future.
Don’t forget that shithead larry Ellison. He’s worth 200b right now.
Don’t forget the bankers who do not appear on such rich lists.
… How much did the Rothschilds have at the start of last century? Enough to own how many nations? All of them?! Oh, maybe they just magically got poor since then, huh? XD
It’s hard to believe, but Ellison is worse than Musk. Musk is a lot like Trump, he wants love and respect, even though they are far too psychopathic to really understand what those things are, and they think that having money and acting tough will make people love and respect them.
Ellison doesn’t seem to care about that. He’s a mean, cruel person, who seems to enjoy being that way, and like Fred Trump, he raised his son to be as much a psychopath as he is.
Musk is dangerous, but he is too stupid and impulsive, and it blunts his impact. Ellison is far smarter, and far more effective. He’s not quite as rich as the rest, but at a certain level, who can really tell? It’s all just wretched excess after about $100 bill anyway. But even so, now that he owns CBS and Paramount, and is trying a poison pill takeover of Warner Discovery, he’ll be in the upper reaches very soon, jockeying for position at in the top rankings
And I doubt he will stop at CBS/ Paramount and Warner. Larry Ellison is going to control a massive amount of the media in the this country, and he is a massive MAGA, of the worst kind. There are supposed to be government controlled limits on media ownership, but all rules are elastic under MAGA, and he’ll be allowed to own anything he wants. Don’t be surprised if he ends up owning all broadcast TV, and then he controls the narrative for all political campaigns, election results, news programs, debates, etc. No candidate gets promoted on TV unless MAGA allows it.
So Larry Ellison is essentially Mr Potter from it’s wonderful Life
No, Mr. Potter was a sweet old man in comparison.
That’s fair I guess. Maybe the worst villain we could come up with back then is positively tamed by comparison today
It works like a piñata - if we beat it open with a club, only then will its contents trickle down.
USA at again, isn’t it? The country with trillion debt, that’s about to blow.
about to blow.
about to
It’s not. Speaking from decades of living under this, it’s always framed this way, but there are no international financial cops, there’s nobody with American held debt that dares try to collect, we are the biggest, bloated monster with the biggest, baddest bloated military.
At the end of the day, the one with the biggest stick wins. Until that collapses, USA will continue to have an economic hegemony.
It has always been a thing with America. The debt has been astronomical for many decades. I know its easy to believe its something new, but it really isnt. My entire life, America has been like this.
Im not too interested in the why, but I have glanced articles explaining why this is actually ok because of their position in the world, the world currency being the dollar, and other factors. Its very boring for me but you can find info about it.
Well, only on paper. Someone actually has to buy their shares first.
You’d think that, but go research or watch a video and get informed on how these bimbos use their networth (stocks) as collateral for bank loans of still more money than we will ever see in our life times (that they never really pay back btw).
They take out loans against their stock, kind of like a HELOC. So they get money without reporting any income too cuz it’s a loan.
Of course. Never said that those are 100% stocks. They have massive expenses to cover and they use the stock value as leverage. The banks giving out loans are creating the bubble.
The weird thing is that these people don’t think they’re rich enough and want to extract more money from government and the people, and they simultaneously think that the government gives too much money to poor people.
To these people, there’s no such thing as “enough”. Contentment is not a concept that exists within their minds, only a sociopathic urge to acquire more.
Imagine how rich we’d all be if all the suppressed emancipatory technologies got availed to each and all. No more impoverishment by rents. Free energy. Negligible cost of travel. All space opened to us each and all.
They race to who will be the first trillionaire. It’s disgusting. Meanwhile children are starving.
Surely someone’s already there, quietly, long time ago.
… Who owns the debt?
It’s bound to happen soon.
And you know what they say, the difference between a trillion and a billion is about a trillion.
People really should pay their bottoms more.
(sorry)
Three bullets could do so much for this country
not really, not by themselves. the billionaires would just be replaced.
Let’s keep ‘replacing’ them until the replacements end
But that would require more than 3 bullets
I’m okay with that.
And they are so cheap!
