A wealth question for the Sanders supporters

[dan_c00000]

what if Bloomberg used a mere $500 million to buy a factory business that was shut down in Milwaukee 20 years ago and relocated to China,

That's a good question. You kind of already answered it though: if the decision is left up to Bloomberg he'll say 1. It's my money I can do what I want and 2. I'm not in the business of running factories.

The ultimate problem is that you're relying on a billionaire to "do the right thing". Whenever you do that the billionaire sets the rules and designs the system. The rules and systems already in place have made the billionaire what (s)he is (closing factories, exporting jobs, failure to pay living wage, provide benefits, etc.). The ultra wealthy have no reason to change the rules or systems. To put it simply "Plutocrats Are Going to Plute".

I used Head Start as an example because it works. But Bloomberg's money could be spent funding the VA, SNAP, or HUD. Take your pick each of those federal programs benefits a large number of people.

Someone mentioned about selecting white countries as examples. I use that because that's what Sanders uses as his examples but I, and he, could just as easily use larger more diverse countries like Canada (#4), the UK (#14), or Germany (#8, again this is from CATO's report). As you know both the UK and Canada have excellent health care systems in that they spend less and get better results than the US. German companies have employees on work councils and employees actually get a say in how the company is run. So if Germany can have something that's borderline socialist, how can they be more "free" than the US according to a very conservative think tank?

By the way most of these countries don't think of themselves as socialist and even the PM of Denmark told Sanders to stop calling Denmark socialist.

It's interesting to note that racist Nazi boy bot came looking for me. I've only got the one account. It's not like I'm running around with dozens of alts and getting them banned for spamming stuff.

 

[BotanyBoy]

That's a good question. You kind of already answered it though: if the decision is left up to Bloomberg he'll say 1. It's my money I can do what I want and 2. I'm not in the business of running factories.

The ultimate problem is that you're relying on a billionaire to "do the right thing".

I'll give you credit for being honest Dan......freedom and the pursuit of happiness is the ultimate problem.

LOL

Progressives hate the USA.

 

[freakyguy41]

I watched my first debate last night and my hunch was right. Great entertainment value.
But I wanted to follow up on a point made by Bernie Sanders in hopes of getting some clarification from a supporter or at least someone who harbors ill feelings toward someone with lots of money.
Bernie pointed out that the newest candidate, Mike Bloomberg, was worth about $60 billion. I don't recall the exact wording or the net worth, but Sanders said Bloomberg had as much money as the poorest 125 million (or maybe it was 150 million) Americans combined.
Sanders said this was bad. I believe the word he used was unconscionable.

My question: If Bloomberg only had $10 million, how much more money would the poorest 125 million Americans have?

If he gave his entire wealth of $ 60 billion to the poorest 125 million people, then the poorest 125 million people would have an additional $ 60 billion...

Next question...

 

[freakyguy41]

Government action and wealth.

It has been sold to the people that you can't survive in today's society without broadband internet so the government is going to subsidize the lower income folks so they have access. Fine, but exactly who are they subsidizing? The internet providers of course. So the government takes my money and hands it over to Comcast, Facebook, Twitter, etc. And then you wonder why so many "woke" industries lobby the government to "help" the poor?

I'm still waiting to understand why the federal government subsidizes agriculture and as such, the oil and gas industries...

 

[freakyguy41]

Exactly. By the third grade it's as if head start never existed. Which begs the question, "Why does it continue to exist?"

There is a notion that seems to be held by politicians of all stripes that if you throw enough money at a problem you'll solve it. Obviously that is NOT working with education. Further, if you look at education spending per child per state vs. state SAT scores you find very little correlation between spending and results.

Nationally the various teachers union are always lobbying/agitating for higher pay. Fine, but why should I as a taxpayer agree to reward sub-standard results? The unions refuse to allow any sort result based pay system. Their argument is that they are given sub-standard students out of households where the parents don't care. And while there is some truth to that argument I fail to see where throwing more money at the teachers is going to solve that problem.

The establishment of a federal Dept. of Education and allowing public employees to unionize were both really bad ideas.

Is the only measure of education effectiveness an SAT score?

why should there not be a federal department of education?

why should public employees not be allowed to form a union?

 

[Rightguide]

My question is, with as rich as Sanders has become, why is it that he only wants to redistribute the wealth of those above his station in life...

Because he hasn't arrived at that station yet.

 

[freakyguy41]

Large-Scale and Effective Early Childhood Programs Increase College Graduation Rates

https://cehdvision2020.umn.edu/blog/preschool-educational-success-through-college/

 

[BotanyBoy]

Large-Scale and Effective Early Childhood Programs Increase College Graduation Rates

https://cehdvision2020.umn.edu/blog/preschool-educational-success-through-college/

And we all know how much we need more baristas/burger flippers 120,000 bucks in debt for some degree that either isn't worth the paper it's printed on and will never provide an ROI.

 

[freakyguy41]

It was "millionaires and billionaires" until he became a millionaire himself. He's a friggin' fraud, an "authentic" fraud.

Is the only way to make a million dollars or a billion dollars by taking wealth away from others?

 

[BotanyBoy]

Is the only way to make a million dollars or a billion dollars by taking wealth away from others?

According to the left it is.

It's not true of course....B. Sandaz is living proof that isn't the case because capitalism works.

Turns out when you produce something of value (like a book) people GIVE you their money voluntarily.

Notice he didn't take 98% of it and give the rest to the needy though, like he wants to force everyone else to do via jackbooted thugs with guns......he bought extra houses like a capitalist pig, because some animals are more equal than others, of course.

 

[RobDownSouth]

And we all know how much we need more baristas/burger flippers 120,000 bucks in debt for some degree that either isn't worth the paper it's printed on and will never provide an ROI.

Oh look, yet another installment of the beloved glibertarian trope
EDUCATION BAD!!

#ButButROI!

 

[Carnal_Flower]

Can't help but think these are all White Men WIthout College Degrees

Oh look, yet another installment of the beloved glibertarian trope
EDUCATION BAD!!

#ButButROI!

 

[BotanyBoy]

Oh look, yet another installment of the beloved glibertarian trope
EDUCATION BAD!!

#ButButROI!

It's not glibertarian, a trope of any kind, nor is it what I'm saying.

It's basic observable reality....our education system is bad and burying people in debt for worthless educations. Yes, ROI, it's an important factor....the student debt "crisis" is irrefutable proof of that.

So unless you're going to be self contradicting and silly enough (I wouldn't put it past you considering the customs/ICE derp) sit here and pretend student debt isn't an issue, you got nothing except resorting to this dishonest trash posting.

You lose, better luck being a liar next time lilMaoDownSouth.


Looks like I was right earlier too....cowardly cucks gotta cower.

And here is where I cuck you for the umpteenth time this week alone.

Ever decide if you support Customs (ICE) or not??

[*]I support the mission of the United States Customs Service and their 200+ years of service to America.

[*]I do not in any way shape or form support "ICE" (the American Gestapo).

https://forum.literotica.com/showpost.php?p=91926028&postcount=24


Or are you going to ignore this and stay crying in the corner??

 

[BotanyBoy]

Can't help but think these are all White Men WIthout College Degrees

I have 3. A BS in chemistry and biology, MS in plant science working on a 4th, my MS in horticulture.....once again, you thought wrong.

 

[Carnal_Flower]

You're a Deplorable, thus, An Honorary White-Man-Without-College-Degree

I have 3. A BS in chemistry and biology, MS in plant science working on a 4th, my MS in horticulture.....once again, you thought wrong.

 

[OldJourno]

That's a good question. You kind of already answered it though: if the decision is left up to Bloomberg he'll say 1. It's my money I can do what I want and 2. I'm not in the business of running factories.

The ultimate problem is that you're relying on a billionaire to "do the right thing". Whenever you do that the billionaire sets the rules and designs the system.

I'm not counting on Bloomberg to do the right thing. I'm saying if he can take $500 million to open a factory in Milwaukee (or anywhere else), create jobs and make money it would be better than blowing his cash on campaign advertising, especially after this week's pathetic debate performance.
By the way, it is Bloomberg's money and he can spend it how he wants. And people have been enriched by his expenditures. They have profited by it and are living better because of it.
And Bloomberg didn't make his billions in a vacuum. He had employees he paid, and many of them were paid well because they had the smarts to help him make a shit-ton of money. I suspect there are a trail of millionaires in Bloomberg's wake.
Go ahead and wallow in envy.

 

[OldJourno]

If he gave his entire wealth of $ 60 billion to the poorest 125 million people, then the poorest 125 million people would have an additional $ 60 billion...

Next question...

But that wasn't the question, was it?

 

[RobDownSouth]

"self contradicting"? Pffffffft!

Ever decide if you support Customs (ICE) or not??

So unless you're going to be self contradicting and silly enough (I wouldn't put it past you considering the customs/ICE derp) sit here and pretend student debt isn't an issue, you got nothing except resorting to this dishonest trash posting.

You lose, better luck being a liar next time lilMaoDownSouth.


Looks like I was right earlier too....cowardly cucks gotta cower.

You keep confusing the CBP and ICE, using them synonymously when attempting to erroneously accuse me of supporting both CBP and ICE. Here's something that will hopefully lessen your ignorance a tiny bit.

https://i.imgur.com/DMMTWhP.jpg

So as you can see, I CAN support the mission of CBP whilst being against the actions of the American Gestapo ICE.

No need to "aporogize", Chum Lee, we both know you lack both the character and intestinal fortitude necessary to own up to your errors.

I'm bookmarking this response to you so the next time you feel to the need to bellow "Hurr durr! Rob no support CBP/ICE!" we can use this as an instant refresher.

 

[BotanyBoy]

You keep confusing the CBP and ICE

Not once EVER....you're a liar.

It's you who don't realize Customs is ICE and made a self contradicting statement.

So as you can see, I CAN support the mission of CBP whilst being against the actions of the American Gestapo ICE.

That wasn't the issue OpenBordersDownSouth......

Your not understanding that US Customs is ICE and contradicting yourself is.

[*]I support the mission of the United States Customs Service and their 200+ years of service to America.

[*]I do not in any way shape or form support "ICE" (the American Gestapo).

https://forum.literotica.com/showpost.php?p=91926028&postcount=24


You've backed yourself into a corner of your own ignorance, you're too proud to admit you fucked up, and are doing all you can to avoid it including being BLATANTLY dishonest because you're not man enough to own up to it.

So again......what is it going to be cuckyDownSouth??

Do you support US Customs (ICE) or are you an open borders idiot??

 

[Rightguide]

Here's another wealth question Bernie fans might want to look at before voting, compliments of James Woods:

"Bernie Sanders said at the debate last night that he wants a minimum wage of $15 per hour.
$15 x 40hr week = $600
$600 x 52 weeks per yr = 31,200

Bernie Sanders wants free heath care for all and was asked how he would pay for it. His answer was to raise taxes to 52% on anybody making over $29,000 per year.

52% of $31,200 = 16,224 in tax
$31,200 - $16224 = $14, 976 IS YOUR PAY
$14, 976 ÷ 52 weeks = $288 per week
$288 ÷ 40 hr week = $7.20 per hour."

Thanks Bernie, you dumb SOB.

 

[bigsly]

Envy has no ceiling.

That, right there, is some relevant, quality shit.

 

[BotanyBoy]

Looks like LiarDownSouth bitches out yet again......dishonest and cowardly, every time.

 

[Conager]

If he gave his entire wealth of $ 60 billion to the poorest 125 million people, then the poorest 125 million people would have an additional $ 60 billion...

Next question...

For how long?

Follow up:

What would 60 billion buy if it were handed to consumers that would be competing with each other to acquire the sort of goods that they (as Bloomberg correctly points out) waste their money on now?

 

[Conager]

Here's another wealth question Bernie fans might want to look at before voting, compliments of James Woods:

"Bernie Sanders said at the debate last night that he wants a minimum wage of $15 per hour.
$15 x 40hr week = $600
$600 x 52 weeks per yr = 31,200

Bernie Sanders wants free heath care for all and was asked how he would pay for it. His answer was to raise taxes to 52% on anybody making over $29,000 per year.

52% of $31,200 = 16,224 in tax
$31,200 - $16224 = $14, 976 IS YOUR PAY
$14, 976 ÷ 52 weeks = $288 per week
$288 ÷ 40 hr week = $7.20 per hour."

Thanks Bernie, you dumb SOB.

I've never met a leftist that is adept at basic arithmetic but let's cut Bernie a little bit of slack, and assume that he means that the portion of your income over that amount and that the first 30 thousand or so is exempt.

He is a progressive after all so there's no way that he's going to opt for a flat tax structure; i's going to be prgressive.

 

[BotanyBoy]

For how long?

Follow up:

What would 60 billion buy if it were handed to consumers that would be competing with each other to acquire the sort of goods that they (as Bloomberg correctly points out) waste their money on now?

Considering that's just 480 bucks....not very long.

It amazes me how often the left thinks the way to solve economic problems for people who are shit with their money, is to take someone else's money and give it to them.

Like 98% of lotto winners, if you gave them all a million bucks ....they'd all be broke again within 24 months.