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Ask yourself this question; do you think the American billionaires and multi-millionaires could have achieved the same level of financial success in any other country? If not, why not?90+% myth busted SO many times it is not funny...
Add to that the fact that the wealth is not the nation's resource.. all wealth and money does not belong to the government nor 'the nation' where they get to dictate how much is enough and whether it has to be forcibly recirculated.... if a person wishes to donate it, or they choose to spend it, or they choose to invest it, or they choose to stick it in coffee cans and bury it like pirate booty is of no consequence nor concern of the government...
Hint: They did it by exploiting this Nation's material, administrative, and human resources.
The following will interest (and educate) you to what is going on with the U.S. Economy:90+% myth busted SO many times it is not funny...
[...]
Um if i am not making my point well why do you understand it?
Because I've heard so much bullshit, I can understand it now. Unfortunate but true, Bill.
The language of Bullshit. I understand it well.
Oh I'm sure you do have a firm understanding of bullshit.
There should be no billionaires!
I am in favor of confiscating all personal assets in excess of twenty million dollars. Twenty million dollars is wealth and there is nothing wrong with wealth. But any amount in excess of twenty million dollars is excessive wealth, which translates to the kind of political power which has poisoned our democracy and threatens to transform the United States into a third world nation.
In anticipation of the typical response to this declaration I must say it is somewhat surprising to note how most Americans who rush to defend the super-rich, almost all of whom have accumulated their hoards via some form of exploitation, haven't a pot to piss in and probably never will pay down their credit cards and settle other debt.
There should be no billionaires!
I am in favor of confiscating all personal assets in excess of twenty million dollars. Twenty million dollars is wealth and there is nothing wrong with wealth. But any amount in excess of twenty million dollars is excessive wealth, which translates to the kind of political power which has poisoned our democracy and threatens to transform the United States into a third world nation.
In anticipation of the typical response to this declaration I must say it is somewhat surprising to note how most Americans who rush to defend the super-rich, almost all of whom have accumulated their hoards via some form of exploitation, haven't a pot to piss in and probably never will pay down their credit cards and settle other debt.
The following will interest (and educate) you to what is going on with the U.S. Economy:90+% myth busted SO many times it is not funny...
[...]
(Excerpt)
A new report finds that around the world the extremely wealthy have accumulated at least $21 trillion in secretive offshore accounts. Thats a sum equal to the gross domestic products of the United States and Japan added together. The number may sound unbelievable, but the study was conducted by James Henry, former chief economist at the consultancy McKinsey, an expert on tax havens and offshoring. It was commissioned by Tax Justice Network, a British activist group.
Super Rich Hide $21 Trillion Offshore, Study Says - Forbes
(Close)
The money is being generated. The problem is it's being hoarded by a select few. It needs to be circulated.
We need no billionaires but a lot more millionaires and a lot more American workers earning living wages.
Again -- that's twenty-one trillion dollars. If that money were taxed at a reasonable rate the U.S. Economy would be in surplus with zero deficit and our infrastructure would be in perfect condition, including the electrical grid.
How did those dictators manage to accumulate their fortunes? And how do their subjects live? The answer to those questions are a scale model of exactly what I'm talking about. The major difference is the American example is not (yet) so concentrated or obvious.Ask yourself this question; do you think the American billionaires and multi-millionaires could have achieved the same level of financial success in any other country? If not, why not?90+% myth busted SO many times it is not funny...
Add to that the fact that the wealth is not the nation's resource.. all wealth and money does not belong to the government nor 'the nation' where they get to dictate how much is enough and whether it has to be forcibly recirculated.... if a person wishes to donate it, or they choose to spend it, or they choose to invest it, or they choose to stick it in coffee cans and bury it like pirate booty is of no consequence nor concern of the government...
Hint: They did it by exploiting this Nation's material, administrative, and human resources.
Ask yourself this could dictators like lbrahim Babangida of Nigeria earn 15 billion here? or is that what you want? Hint: They did it by exploiting there Nation's material,
administrative, and human resources.
10 Richest Dictators of all Time | Futurescopes.com
Again we had living wages but my fellow americans wanted cheap shit. So along came the mega stores, with cheap prices, low wages and jobs going overseas . Americans asked for it and they got it. so whats the problem?
How did those dictators manage to accumulate their fortunes? And how do their subjects live? The answer to those questions are a scale model of exactly what I'm talking about. The major difference is the American example is not (yet) so concentrated or obvious.Ask yourself this question; do you think the American billionaires and multi-millionaires could have achieved the same level of financial success in any other country? If not, why not?
Hint: They did it by exploiting this Nation's material, administrative, and human resources.
Ask yourself this could dictators like lbrahim Babangida of Nigeria earn 15 billion here? or is that what you want? Hint: They did it by exploiting there Nation's material,
administrative, and human resources.
10 Richest Dictators of all Time | Futurescopes.com
Give it time.
The problem is greed.Again we had living wages but my fellow americans wanted cheap shit. So along came the mega stores, with cheap prices, low wages and jobs going overseas . Americans asked for it and they got it. so whats the problem?
The following will interest (and educate) you to what is going on with the U.S. Economy:90+% myth busted SO many times it is not funny...
[...]
(Excerpt)
A new report finds that around the world the extremely wealthy have accumulated at least $21 trillion in secretive offshore accounts. Thats a sum equal to the gross domestic products of the United States and Japan added together. The number may sound unbelievable, but the study was conducted by James Henry, former chief economist at the consultancy McKinsey, an expert on tax havens and offshoring. It was commissioned by Tax Justice Network, a British activist group.
Super Rich Hide $21 Trillion Offshore, Study Says - Forbes
(Close)
The money is being generated. The problem is it's being hoarded by a select few. It needs to be circulated.
We need no billionaires but a lot more millionaires and a lot more American workers earning living wages.
Again -- that's twenty-one trillion dollars. If that money were taxed at a reasonable rate the U.S. Economy would be in surplus with zero deficit and our infrastructure would be in perfect condition, including the electrical grid.
The problem is greed.
There was a time when I wrongfully attributed greed to only those who had accumulated excessive personal assets. But what I've learned from participating in Internet forums is the sickness of greed affects even those who have no hope of ever being rich -- or even paying off their credit card debt. These people have the sickness but not the financial success it sometimes fosters. And it seems one of the primary symptoms of greed is the inability to see it for what it is. They mistake it for ambition. They are confined by their own bad luck or lack of ability, and like imprisoned thieves they respect and emulate robbers who get away with their loot.
There is a mental disorder which is popularized in a television reality series called, Hoarders. This series deals with individuals whose sickness is manifest in obsessive compulsion to accumulate, to keep, to retain, to hoard. The same mechanism operates in the compulsion to accumulate infinitely more money than one needs to lead a comfortable, happy and luxurious life.
The problem is greed.Again we had living wages but my fellow americans wanted cheap shit. So along came the mega stores, with cheap prices, low wages and jobs going overseas . Americans asked for it and they got it. so whats the problem?
There was a time when I wrongfully attributed greed to only those who had accumulated excessive personal assets. But what I've learned from participating in Internet forums is the sickness of greed affects even those who have no hope of ever being rich -- or even paying off their credit card debt. These people have the sickness but not the financial success it sometimes fosters. And it seems one of the primary symptoms of greed is the inability to see it for what it is. They mistake it for ambition. They are confined by their own bad luck or lack of ability, and like imprisoned thieves they respect and emulate robbers who get away with their loot.
There is a mental disorder which is popularized in a television reality series called, Hoarders. This series deals with individuals whose sickness is manifest in obsessive compulsion to accumulate, to keep, to retain, to hoard. The same mechanism operates in the compulsion to accumulate infinitely more money than one needs to lead a comfortable, happy and luxurious life.
I don't recommend you tell that to the Internal Revenue Service.If I hide money in old mayo jars off shore, in my back yard or up my own ass is of no concern to the government nor anyone else... and you nor anyone else gets to tell me or anyone how much is enough
The rate was 91%, not 90%. And it's not a myth. Go here:But that is beyond the point.. for you quoted about the busted 90+% myth, knew you had nothing, and went off on your little tangent rant
Being a billionaire is excess. Anyone who earns that luxury deserves that luxury, but there is such a thing as misusing your fortune. As a billionaire, you can set up both yourself and your family for life and still have a shit load left over.
Why not put it to good use? Cancer research, diabetes, boys and girls program, take your pick. To me it is just WRONG to squander something that can do so much good.
You contradicted yourself so many times there that I got a headache trying to follow you through to the end.
