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Richard's avatar

You hit upon the major problem of American government. We've never had enough democracy; and a massive transfer of wealth to the already wealthy, orchestrated and beginning by & with Reagan's GOP has made it increasingly difficult to maintain what little democracy we have.

Wholly complicit in that GOP wealth transfer, from the poor to the rich, has been the corporatist, profoundly corrupt Roberts Supreme Courts.

BC's avatar

This piece should be an illustrated children’s book to explain personal finance in a nutshell.

Sharon L Fullen's avatar

Don’t know if can’t edit. PART 2

The Robber Barons of old were exceptionally philanthropic unlike today’s billionaires who donate only a small percentage of their wealth to charities or build libraries and museums which last for generations.

Those considered at the poverty level donate a grester percentage of their family earnings to help others.

Richard's avatar

Ruthless as they were, at least some of the robber Barron's of old, left some of their fortunes for public benefit. Contrasted with today's popular oligarch bequeath of using wealth to perpetuate extreme libertarian views and dynastic wealth into perpetuity. In today's world, nearly 2/3 of national wealth was passed from one generation to the next. Support high inheritance taxes and compulsory public education. Don't give a third base head start, with a long lead at stealing home plate, to those of fortunate birth, in the pull yourself up by the bootstraps, game.

Sharon L Fullen's avatar

The morbidly wealthy of today aren’t even as good as the Robber Barons of the past. At the Robber Barons (seeking good PR

John L Bennett's avatar

You have noticed most of the morbidly wealthy of today are democrats haven’t you? The top 1% of earners in this country pay around 50% of the collected taxes. The bottom 50% of earners pay 2.3% in federal income taxes. The Biden bs about the top not paying their “fair Share” is total bs just like most of the rest of the lefts statistical lies. This has gone on for decades with the willing participation of the cooperate media propagandists.

Gavin rocks!'s avatar

I like when you halfwits make false statements with total conviction. Typical Dunning Kruger effect.

Richest Americans Now Pay Less Tax Than Working Class in Historical First

https://www.newsweek.com/richest-americans-pay-less-tax-working-class-1897047

Radha Nichole Smith's avatar

Those apologists like yourself John Bennett? Elon Musk is a democrat, John?

Are you a multi-millionaire, John? Or do you merely manipulate statistics on taxation, wealth?

Joe Horn's avatar

Nothing you claimed is factually true.

Dave the Spot-on Moron's avatar

Please block this clown. Do not engage. Waste of time. We have a resistance to fight.

judith fahey's avatar

wrong. take some courses in history and economics.

YourUncleDarnell's avatar
Robert Steiner's avatar

Exactly, you can even define prejudice as actual tribalism.

Sharon L Fullen's avatar

At least the original Robber Barons were concerned enough about their public-image to donate millions to worthy charities and built and funded museums and hospitals most which bore their famous names. Carnegie built libraries across the country, Vanderbilt gave money for Vanderbilt and other Universities, John D. Rockefeller gave us Rockefeller Center, funded Black Colleges and helped freemen in the South.

The unspoken purpose of the “monuments” to a families wealth in the Gilded Age was to soften their reputations for brutal work conditions, low wages, violent union breaking, and harsh treatment of child workers. There are hundreds of buildings in the United States built by these leaders of industry.

The 21st century industry tycoons still fight against unions, have dangerous work conditions and contribute tons of pollution. Today’s uber wealthy don’t typically own American factories because they shipped the jobs overseas for cheap labor. Or their wealth is multi-generational (the Robber Barons were the first generation). Tech industries, internet retailers, electronic components resellers and social media companies are owned by the 2024 Robber Barons. Now a lot of their “extra” money goes to manipulating politics, bribing elected officials and buying elections.

Philanthropy isn’t what it used to be as the percent donated now is just a very small amount compared to net worths of today’s billionaires. Those at the lowest income levels donate the high percentage of their earnings.

John L Bennett's avatar

You are surely starting out as a know nothing, spoiled and ignorant child that thinks the world is defined by the drivel he/she spouts an$ yet I’ll bet z2cnts he /she is young and inexperienced a modi’s a sheeple, following blindly. A useful idiot that just does and says as his masters demand..

Gavin rocks!'s avatar

English is not your first language, is it, Sergey?

judith fahey's avatar

aha! russian. do svidanyia. tool.

Joe Horn's avatar

You've got nothing but trump cult delusions based on the the hatred of America. Congratulations, traitor.

John L Bennett's avatar

Intelligence isn’t your 1st goal is it Mao. I think it’s hysterical you would think of me as your comrade. Trust me, I have dealt with useful idiots such as you that shoot their mouths off to compensate for their shallow minds many times. When you grow a pair and get out of your parents house let me know. That will be the beginning of an education you will not believe possible to survive, and you won’t be back to your useful idiot state hopefully ever. Let me know when you figure out all those people you emulate turn on you, because they will.

Jaime Ramirez's avatar

That looks to me like a threat of personal violence against you. You might want to call attention to some authorities about Sergey.

Joe Horn's avatar

You keep telling us you're the biggest moron here. Please keep pointing out how little you understand about anything at all.