Bernie Sanders' Lake House

If you use the link you can check for yourself but it was over 200 of them all told.

 

a lot that he co-sponsored...but what about his?

 

He's probably right.

What do you think will happen when the top 20% have all the money?

 

I don't think it will happen because money isn't finite.

 

Just print more. Right?

 

So.. a man that didn't hold down a job and lived in a shack until he was 40 started into politics.

The basis for his political agenda... capitalism is bad, government is good.

While he then somehow makes enough money in government to surpass the financial ability of most people in the private sector operating under capitalism.

So government is going to fix everything while making politicians rich.

The irony is so thick.

Capitalism isn't the problem, government is.

 

well yes, that's what we have done since our country has started...you don't think the bills made in 1780 are still being used today do you? Money isn't finite, because wealth isn't.

 

For that to work the money needs to go where it will be spent.
It's why Trump's tax cut were a bust.

 

Money is always spent.

The tax cuts were amazing for the working class...and UE dropped to full employment. They worked just fine.

 

Think of a Cow being milked - We are that Cow - those with influence and power make the rules - and when they are done milking this Cow they will move on to the next project. That 23 Trillion and 100 Trillion or so more in non Fed Debt is all paying interest... to someone.

Bezos "Richest man in the world at one point was he not ?" ... along with Gates and a few others that vie for the title - 100 Billion being the rough figure for entrance. Look at the influence Bezos has.

Then think about the influence of the much bigger and wealthier old money crowd - who were born for generations into that kind of money.

If you look at the major holders of any of the fortune 100 company - you will find State Street and a few others .. when you wiki this company -

OK . so they have 2.5 Trillion under management - but 36 Trillion under custody and administration.
What the heck is that ? ... That is people with lots of money. Google Mellon Bank of New York Corporation - Think Rodney Dangerfield in the "Back to School Classic" ... also 36 Trillion under custody and administration.

Hmmm .... hold on here .. 2 banks 72 Trillion dollars - how many 100 Billionaire's would that make? tick tick tick 720.

Obviously there are not that many - what you some families that have a Trillion or more in net worth. In the tabloids they look at recorded wealth - that which is public domain - like ownership in stocks. We know how rich Gate's is because we knew how many shares he had and how much they were worth.

At some point the debt pyramid will burst - and we will be left holding the bag. In the meantime - we fight pointless regime change wars - in a world where the strongest piece on the chessboard is no longer military - since the advent of nukes. Economic is now the Queen of the hill.

Prior to nukes if your economy was in the tank you could invade your neighbor and take his stuff.. the return on investment was positive.

What was the ROI we got for our investment in the Iraq/Afghanistan - under the propaganda spin "War on Terror" - a war which turned out to be Orwellian Doublespeak. remember Bush "We are not only going after the terrorists but the supporters of terrorism"

Barely a decade later 2011 - we are leading a global effort to arm, support and supply a radical Islamist proxy army - led by Al Qaeda and other direct affiliates - and/or other groups of the same ideological perspective (those groups and foreign fighters ended up coalescing into the modern incarnation of ISIS - later on )

Can U Dig it !

Total Military Spending in 2000 was roughly 300 Billion. After 8 years of Bush it was over 900 Billion - under Obama it topped 1 Trillion.
Had we maintained the 2000 spend - increasing with inflation (5 times more than we need to defend the homeland) - we could have directed 500 Billion/yr x 16 years = 8 Trillion dollars .. to infrastructure, technology, ramping up our economy to compete in the 3rd millennium.

This is what other nations have been doing - they get the position on the board - and they have gained much ground on the US.

So we have thrown away our dominant position - ignored our queen - and wasted 8 Trillion dollars .. and what was the Return on Investment ?

Go Tulsi !

 

The number newly employed went down in 2019 compared to 2017. This in spite of a growing population.
The truly rich have their money tied up in their business.

 

Well yeah...businesses spend money, and make money...that's how wealth is created, and why it's not finite. Thanks for proving the point

 

it's not just the sweet book deal for stepping aside for Hillary, it's the corruption of his wife, his step-daughter and all made possible via Bernie

It's typical DC politics and Bernie never held a real job; how can he have any clue about the average American?

 

Sorry. Doesn't prove your point - refutes it.
How about those jobs that didn't happen.

 

Seems relatively modest.

No one who makes a Senator's $174,000 per year is "working class."

Oh, please--the reason not to vote for Sanders is his economic policies. Trump who said he wouldn't have time for golf wastes a lot more money than Sanders every weekend he takes AF1 to Florida.

Like you really care.

Ergo, you're going to vote for Trump 'cause he's an honest fella.

Are you looking for absolution?

Sanders is a pol, not the Second Coming.

 

Huh? A person, putting money in their business, which does business...refutes my point that money and wealth is finite?

Not sure what you are talking about....investing in a business does create jobs.

Since Trump has cut taxes, more people are taking part in the labor force: https://data.bls.gov/timeseries/LNS11300000

So do you still believe we are using the same money from 1792?

 

The usual explanation for supporting the Orange Oaf.

 

Over a ban (pointless, IMNSHO) of AR-15s? Pretty dumb of them.

 

I never said money was finite. That's a straw horse you brought up.
The rich have there money tied up in their business. Microsoft for example has about 50% more people employed since 2010 but there valuation is up 350%. Bill gates is sitting on 300 million shares.

 

Huh? You said...."What do you think will happen when the top 20% have all the money?"

I said, I don't think about it cause money isn't finite....you then said, "print more money" - i then highlighted, yes, because wealth isn't finite.

Yes, Bill Gates, put money into his business...and Microsoft has created a ton of money and wealth for tons of people...so no, again, I'm not worried about the top 20 percent of the population having all the money, because as you again, perfectly highlighted, with Microsoft....money and wealth will continue to be generated, via business that will be available to people

 

I doubt there's much agreement among liberals on where inequality becomes immorality. Few would argue all wages should be the same.

 

What Microsoft and Gates have done are two different things.
If Gates had 10 Billion less Microsoft would still be marching on.

Play the animation to see the change.
http://apps.urban.org/features/wealth-inequality-charts/

 

Is there some point to this? Who cares if Sanders makes a few investments from his $174,000 a year salary and turns a profit?

What I care about is how Sanders intends to manage the economy. I'm not impressed by his opposition to nuclear power electricity generation. We may need to use nuclear power to avoid economic collapse and an inability of the earth to carry 7.5b until we can reduce the human load.

The wealthy do live in mansions while others are homeless. That's just a fact.

Do you have answers? Amazon uses predatory business practices to run competitors out of business.