Jeff Bezos Will Be the World’s First Trillionaire & People Are Seriously Disgusted

Discussion in 'Latest US & World News' started by Aleksander Ulyanov, May 23, 2020.

  1. Aleksander Ulyanov

    Aleksander Ulyanov Well-Known Member

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    I always thought it would be Putin, who is reputed to have 245 billion

    But even that is a lot less than a thousand billions, and last I checked Bezos only had 113. Corvid is making him a LOT of money, but I don't think 800 billion is really anywhere near likely.

    https://www.highsnobiety.com/p/jeff-bezos-trillionaire-reactions/
     
    Last edited: May 23, 2020
  2. Robert E Allen

    Robert E Allen Banned

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    Hopefully, and good for him...
     
  3. Steady Pie

    Steady Pie Well-Known Member Past Donor

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    Theoretically, in terms of net worth? Yeah possibly. But he will never be able to actually use that amount in practice because it's tied up in stock and selling that much of it at once would crash the price.

    This effect is worse for high profile CEOs like Bezos and Musk because so much of their companies' value comes from their public image.

    Tesla without Musk would have gone under years ago, not so much because of great management by Musk, but because his public persona itself has value. Same with Bezos.

    As for the more general question of whether anyone should be allowed to have such wealth - I think there are definitely issues with how most people get there, but in principle I have nothing against stratospheric wealth.

    Musk for instance I was rather critical of for a long time, in part because his net worth was 4bn and he had reaped about 4bn in government subsidies at that time.

    I think most nations start penalising wealth with heavy taxation too early. Engineers and doctors for instance are on 300k+ due mainly to taking chances on student debt and hard work. Yet they're hit hard by the tax system.

    The goal is to get people up out of poverty and into decent jobs like that, but the instant we do we tax the living hell out of them.

    I'm all for paying it forward, but we've gone slightly too far in the other direction.
     
    Last edited: May 23, 2020
  4. Aleksander Ulyanov

    Aleksander Ulyanov Well-Known Member

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    Much agreed, particularly the last sentence. I generally like rich people, though I don't worship them while I bring them vaseline and then bend over, like many here advocate we do.

    It also seems to me we've gone too far in letting people become multi-billionaires but seem to have it in for single millionaires. We hit people like doctors and dentists pretty hard but then let people who make billions make billions and billions more. We could take another billion from Bezos and he wouldn't even miss it, and that would permit us to let another thousand millionaires lose.
     
  5. Robert E Allen

    Robert E Allen Banned

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    Give me 20 dollars. .. you won't miss it...
     
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  6. Jeannette

    Jeannette Well-Known Member Past Donor

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    If you believe Vladimir Putin who is Mr. Russia himself, has private wealth, then I have a bridge in Brooklyn I'd like to sell you. He prides himself that his daughters are not in business or politics - which to him aren't honorable professions. Had it not been to save Russia from the bandits who were shipping Russia's wealth to overseas accounts when the people were going hungry, he would never have accepted Yeltsin's offer and gone into politics.

    As for Bezos, maybe our government should nationalize his wealth and relieve the tax payers.
     
    Last edited: May 23, 2020
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  7. George Bailey

    George Bailey Well-Known Member

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    That sexual deviant. His little wormy face makes me sick.
     
  8. yardmeat

    yardmeat Well-Known Member

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    Why would his sexual proclivities or his facial aesthetics matter? There may be, and probably are, lots of legitimate criticisms of Bezos. This doesn't really measure.
     
  9. George Bailey

    George Bailey Well-Known Member

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    Did y'all know Amazon runs a secret cloud service for the CIA, or maybe it is the NSA.
     
  10. yardmeat

    yardmeat Well-Known Member

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    Link? Preferably from a better source than Infowars?
     
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  11. Aleksander Ulyanov

    Aleksander Ulyanov Well-Known Member

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    He would have kept on running the KGB? Which is not political?
     
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  12. Pycckia

    Pycckia Well-Known Member

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  13. fmw

    fmw Well-Known Member

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    Sure, give them more money to spend. That's the spirit.
     
  14. One Mind

    One Mind Well-Known Member Past Donor

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    The poor would.
     
  15. Robert E Allen

    Robert E Allen Banned

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    Alexander ain't poor.. if your on this website you're not poor...
     
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  16. One Mind

    One Mind Well-Known Member Past Donor

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    Some are poor. Perhaps not many


    Working poor.
     
    Last edited: May 23, 2020
  17. Robert E Allen

    Robert E Allen Banned

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    If you own a computer or a smartphone and internet you're not poor
     
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  18. One Mind

    One Mind Well-Known Member Past Donor

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    That isnt a valid means test.for a. First world civ.

    Low iq folks tend to be poor
    .

    A most inconvenient fact
     
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  19. Jeannette

    Jeannette Well-Known Member Past Donor

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    Putin never ran the KGB, but his service there did work towards Russia's benefit. Unlike our politicians, he didn't have to be dependent on the rich and powerful, which meant he owed favors to no one. This left him free to do what was best for his country and the Russian people.

    Because of Putin's service in Russian Intelligence, he had their full support and backing when running for office. Putin was also an expert on deciphering the information gathered since that was his job in the KGB, that way he could form his own decisions without having to rely on others.

    Anyway this is how I see it.
     
    Last edited: May 23, 2020
  20. George Bailey

    George Bailey Well-Known Member

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    Certainly doesn't help to dispel the claim that Jews control the everything.
     
    Last edited: May 23, 2020
  21. George Bailey

    George Bailey Well-Known Member

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    If you are an adult male over 25 in the United States and you are poor you suck. Simple as that.
     
  22. Robert E Allen

    Robert E Allen Banned

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    umm ok... don't agree but whatever
     
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  23. Professor Peabody

    Professor Peabody Well-Known Member Past Donor

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    To make it fair how much are you willing to give up of what you own?
     
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  24. fmw

    fmw Well-Known Member

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    Jeff Bezos Will Be the World’s First Trillionaire & People Are Seriously Jealous
     
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  25. Crownline

    Crownline Banned at Members Request

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    I particularly couldn’t care less except why is amazon raking it in and the USPS losing their Asses?
     

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