• 12 Posts
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Joined 2 years ago
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Cake day: November 14th, 2023

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  • 62% of Americans hold stock.

    https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

    That the rich own more isn’t relevant. That they have 401k’s instead of a pension isn’t relevant. 401k’s give more personal control than a pension. With a pension, the corporation buys stocks for the workers and the workers have no control. Their laziness in stock ownership and then blaming who they gave money too is a reflection of their laziness in who they vote for and then blame the government.

    It’s literally 1/500 of his current net worth. Are you saying my net worth is $10k?

    I used a low number to make it in your favor. He gave even more proportionally than you giving $20 to a homeless person. With your logic you should be admonished even harder. How dare you distort the aid work of the government! You should have paid that $20 on your income tax instead of giving it to the homeless person!

    ( In reality $20 is still a good example because when you have $100B, giving $200B, despite being 1/5th of your total assets doesn’t cause any noticeable material change in your living conditions.)

    He’s a former president. I don’t worship him or even really know much about whatever he’s done.

    He was wealthy but spent his free time building homes for the poor.






  • I literally don’t even know what this means and absolutely didn’t use these words so I doubt that it accurately represents any of my points.

    I don’t know what it means either but that’s the OP you are defending.

    The ultra rich cannot accumulate their wealth without exploiting countless other people.

    While there is definitely exploitation, the wealthy who got it from stock have in effect been voted to be rich. The masses buy Microsoft Stock, vote Republican to lower the taxes on billionaires, then get upset that Gates is ultra wealthy.

    Despite that, some of the ultra rich feel they are best qualified to decide

    The government did nothing for 50 years. Gates/Buffet throwing $200million to eradicate malaria is income-wise like you giving a homeless person $20 and me admonishing you for thinking you know better than the government.

    These projects, even without an ulterior motive, are often biased

    Then the people should have done something! See the above example.

    designing rockets, and building museums so billionaires did it instead(?)

    I’m saying curing malaria is a better use of money than rockets and museums like other billionaires.

    Rich people fund things that maybe I think are good, so checkmate?

    Yes. Attack people for the bad they do, not the good.

    Jimmy Carter (who I never brought up) was a millionaire, again checkmate(?)

    I brought him up as an example of someone very rich who did good. And again, after specifically calling out how you won’t defend him you still won’t.