What is ‘scaring the bejeezus’ out of billionaires?

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  • #234385

    sonofspy777
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    @sonofspy777

    There’s a new political army on the march in America, moving forcibly into the 2020 presidential campaign. Tromp, tromp, tromp they come — it’s the Billionaire Brigade!

    It’s actually a very small army — only 749 Americans rank as billionaires — but they have lots of firepower. Collectively, they’ve amassed some $4 trillion in personal wealth, and they now wield the financial and political clout to grab nearly all of the new wealth that our economy creates. Understandably, their extreme avarice and the inequality they’ve created have spurred populist outrage among the vast majority of workaday Americans who’re being stiffed by plutocratic elites.

    In one response, Bernie Sanders, Elizabeth Warren and other Democratic leaders are proposing a widely popular wealth tax on the opulent riches being amassed and hoarded by this tiny group — and ho, what wails of anguish this legislation has generated in the lairs of billionaires! They’re indignant that fortunes above $50 million would be assessed for a teeny surtax to help fund education, health care, infrastructure and America’s other essential needs.

    So, the Billionaire Brigade has organized a PR blitz to try to change the public opinion. With a rallying cry of Save the Poor Rich, we have such spectacles as Mark Zuckerberg lamenting that taxing his gabillions would hurt charities; Michael Bloomberg suggesting that the tax could turn America into Venezuela; Bill Gates moaning that it would eliminate rich people’s incentive to get up and go to work every day; and Wall Street baron Leon Cooperman actually tearing up while complaining on a cable news show that a wealth tax is a “morally, and socially, bankrupt” idea that would harm his family. As one money manager said of his elite clients, “These tax proposals are scaring the bejeezus out of people who have accumulated a lot of wealth.”

    https://www.alternet.org/2019/12/what-is-scaring-the-bejeezus-out-of-billionaires/

    The human race has few (if any) problems that couldn’t be solved by massive wealth.  And we’re literally surrounded by it, like a fly in amber.  Now if we only had brains… —Ben Bova

  • #234401

    Sorechasm
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    @sorechasm

    How deep is their greed? Screwing the poor is the only incentive for Bill Gates to get out of bed?

    There’s no better driver to Get Out the Vote than such revelations of the 1%’s selfishness.

    “Go and tell Alexander that God the Supreme King is never the Author of insolent wrong, but is the Creator of light, of peace, of life, of water, of the body of man and of souls;...what Alexander offers and the gifts he promises are things to me utterly useless;..." Dandamis, a great sannyasi of Taxila.Excerpt From: Yogananda, Paramahansa. “Autobiography of a Yogi.”

  • #234405

    chknltl
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    @chknltl

    Billionaire Bloomberg fears that the U.S. will become Venezuela?

    Will the U.S. impose strong trade sanctions on itself? Will covert military forces from the U.S. go into the U.S. and disrupt our electrical grid by shutting down our dams? Will we try to stage a governmental coup?

    Will there be a general blackout in the U.S. about U.S. news so that Americans don’t have a clue about….oh wait a minute…there already IS a blackout in the U.S. about U.S. news so Americans get to be clueless about the goings on here in the U.S. (I think that one might be written into our Constitution….It’s under the Keep Americans Clueless Act created by GW Bush Administration just before 9/11)

    J.C. Christ in a detention center,  where is Bloomberg getting the notion that we might turn into Venezuela?

    • #234415

      Ohio Barbarian
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      @ohiobarbarian

      @chknltl From Republican talking points.

      We know now that Government by organized money is just as dangerous as Government by organized mob.--Franklin Delano Roosevelt

      With Bernie Sanders, we have the receipts. --Nina Turner

  • #234425

    Populist Prole
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    @populistprole

    It isn’t whether they’ll be clothed, fed, or sheltered. It isn’t that they’ll made poor.

    It’s fear of even slightly diminished influence. Getting one’s way always, is a condition that’s quite addictive.

  • #234426

    A Simple Game
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    @asimplegame

    Well I for one am glad that I’m not rich enough to be subjected to an oppressive wealth tax.  But it isn’t easy making sure you don’t amass 100 million dollars in assets.

  • #234430

    MizzGrizz
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    @mizzgrizz

    They are scared they’ll have to go from a couple of billion to a couple of million and they don’t think they could survive in such reduced circumstances.

  • #234479

    Hobbit709
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    @hobbit709

    They’re not going to have “the bejeezus” scared out of them until they see these being assembled in the streets.

    I don't waste my time teaching pigs to sing.

    • #234582

      PolecatHollerer
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      @polecathollerer

      I wonder if we can order those from Amazon? I already know that they sell torches and pitchforks…. :-)

      If you give a man enough rope, it will be six inches too short. This is not the nature of rope- it is the nature of man.

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