General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIn what fucking world
Are four guys worth a trillion dollars?
Our fucking world, apparently.
bucolic_frolic
(47,592 posts)Someone paid for all that. We pass the fruits of our labor up the income scale.
COL Mustard
(6,984 posts)It's "trickle up" not "trickle down" apparently.
bucolic_frolic
(47,592 posts)Clouds Passing
(2,702 posts)LW1977
(1,413 posts)Just not in a monetary basis. More of a trump and Russian prostitute sense. Allegedly
COL Mustard
(6,984 posts)"Don't pee on my leg and tell me it's raining"!
I think that applies here.
lastlib
(24,987 posts)"Trickle Down" is "piss on" economics.
Meadowoak
(6,293 posts)their products. Probably not even smart enough to figure out that their money will dry up when the bottom falls out.
Meadowoak
(6,293 posts)Dennis Donovan
(27,430 posts)This concentration of wealth is a new gilded age:
The Gilded Age
AMERICAN EXPERIENCE
PBS
Premiered Oct 24, 2023
Meet the wealthy elite of the Gilded Age and the struggling workers who challenged them.
THE GILDED AGE presents a compelling and complex story of one of the most convulsive and transformative eras in American history. In the closing decades of the nineteenth century, the U.S. population doubled in the span of a single generation, national wealth expanded, and two classes rose simultaneously, separated by a gulf of experience and circumstance that was unprecedented in American life.
4catsmom
(291 posts)as the Chinese say, when the rich get too rich and the poor get too poor, there is a way
Bo Zarts
(25,709 posts)I forget who said that .. but verb sap.
bronxiteforever
(9,558 posts)Lecturing us about how social security and Medicare need to be abolished. Musk could give away 100 billion dollars to good causes and still be the worlds richest man. His soul is as black and as lifeless as coal.
The Wizard
(12,939 posts)talk it swears."
(Bob Dylan, "It's Alright Ma, I'm Only Bleeding."
sop
(11,584 posts)rapacious and unregulated corporate interests, their bought-and-paid-for government stooges doing their bidding, and our so-called "free press" in the pockets of the obscenely wealthy - things will change.
Our common enemy has successfully distracted us and kept us at one another's throats far too long. Something's gotta give.
Attilatheblond
(4,553 posts)I don't see it happening with the current crop of delusional, immature, self-made fools.
Midnight Writer
(23,131 posts)If he keeps earning at this rate.
That is not sustainable for a healthy society. The economy is a pie, and these billionaires are gobbling it all up, leaving only crumbs for the rest of us. And, in a capitalist society, money is power. So much power in the hands of so few people is the biggest danger our country faces, in my opinion.
CrispyQ
(38,588 posts)The good part starts at 48 seconds. I'm pretty sure this vid is 8-10 years old so it's worse than this even.
yardwork
(64,761 posts)Most of Musk's billions are from government contracts. That's where the REAL government waste is - along with the rest of the military contracts, Medicare Advantage contracts, etc.
OldBaldy1701E
(6,616 posts)And, not just into it, but a newly created department that will oversee the distantling of anything he does not like. (Such as anything that takes money away from his contracts like... oh... health, human services, public infrastructure (excepting anything connected to moving goods to make him richer), anything connected with immigration (because they want all immigration to be 'illegal'... it allows the wealthy to take major advantage of these same immigrants because of the threat of deportation. When they are caught, they just look shocked and make mayonnaise noises about not knowing. Their money insulates them from harm. Especially his.
yardwork
(64,761 posts)90-percent
(6,909 posts)It hasn't been created yet. Right now it's just a concept that could become a plan .
-90% jimmy
OldBaldy1701E
(6,616 posts)But, it seems to me that some are pulling the old 'head in the sand' about what this 'concept' will mean.
dchill
(40,766 posts)"You can't just take it - you have to earn it!"
bmichaelh
(643 posts)From Ambrose Bierce's A Devil's Dictionary
COMMERCE, n. A kind of transaction in which A plunders from B the goods of C, and for compensation B picks the pocket of D of money belonging to E.
MAMMON, n. The god of the world's leading religion. The chief temple is in the holy city of New York
MONEY, n. A blessing that is of no advantage to us excepting when we part with it. An evidence of culture and a passport to polite society. Supportable property.
bmichaelh
(643 posts)LABOR, n. One of the processes by which A acquires property for B.
jfz9580m
(15,584 posts)Seinan Sensei
(744 posts)-AOC
Clouds Passing
(2,702 posts)We are all born equal into this world. We all deserve the resources of this world equally. No, and I mean NO, man deserves to have more resources than any other!
These 4 men are seriously diseased with hoarding disorder, obsessive desire to have control over others, borderline personality disorder, delusions of grandeur, severe psychosis of the mind and heart.
Why do we allow them to do this?
OldBaldy1701E
(6,616 posts)Clouds Passing
(2,702 posts)Martin Eden
(13,562 posts)The richest one is the biggest asshole.
Bluethroughu
(5,988 posts)Enough is enough!
mzmolly
(51,718 posts)They worked very hard for their billions. Its unfair to expect them to contribute to a civilized society.
newdeal2
(1,135 posts)dawg
(10,775 posts)I lied. It's Ellison.
liberalgunwilltravel
(564 posts)All four are mortal and will end up worm food like the rest of us.
Joinfortmill
(16,625 posts)And the disgusting saddest thing is theyre planning on gutting social security, Medicare, Medicaid, VA benefits, educational assistance, food assistance, housing assistance, while at the same time giving yet more tax breaks to these very same individuals. And the powers that be wonder why pretty much no one gives a shite about the murder of a healthcare CEO
3825-87867
(1,152 posts)*Only providing the MSM and Republicans can make money from it!
onethatcares
(16,597 posts)not just some digital numbers on a screen.
TBF
(34,748 posts)to keep them from being taxed. You'll never convince me he won that election. Whether through actual cheating or simply the barrage of misinformation they stole this one. And they will continue to amass greater fortune while the rest of us barely get by. They play for keeps; Elon himself has installed himself next to Trump to make sure he does as he is told.
LudwigPastorius
(11,072 posts)Blue_Tires
(56,730 posts)About what little bit of tax they do have to pay...
czarjak
(12,530 posts)Evolve Dammit
(19,063 posts)Godot51
(311 posts)... I'm afraid to check my online bank account.
There is safety in ignorance.
Blue_Tires
(56,730 posts)Melon Husk will be a trillionaire...
babylonsister
(171,684 posts)join that club in the worst way. I imagine there are earnings in his future.
chiffondior
(29 posts)1. Guillotine them.
2. Break up their holdings into smaller companies and seize their wealth.
3. Convert those smaller companies into employee owned businesses.
4. Redistribute their seized wealth into funds addressing climate change, poverty, infrastructure and other issues that need to be tackled on a global level.
Sigh....a gal can dream.