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Mort Zuckerman: If Obama Isn't Nicer To Us Rich People, We Will Destroy America

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Slate.com

Did you think the health of the American economy was governed by supply and demand, overlaid with interest rates, worker productivity, and other things having to do with how well we make, distribute, buy, and sell stuff? Wrong! The American economy rises or falls based on whether or not the country's very richest people believe they are being properly respected and made happy. And Politico reports that the sensitive rich people are not happy with the Obama administration

Seems a property billionaire senses the floor giving way beneath him, and wants to hang on to his comfort blanket.

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Seems a property billionaire senses the floor giving way beneath him, and wants to hang on to his comfort blanket.

what's propping him up is that every mom and pop saver wants to keep their savings but get rid of the rich.

ofc the rich have more savings (claims on your future income) than mom and pop do, so until mom and pop let go Mr Rich is quite safe.

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what's propping him up is that every mom and pop saver wants to keep their savings but get rid of the rich.

ofc the rich have more savings (claims on your future income) than mom and pop do, so until mom and pop let go Mr Rich is quite safe.

Why can't we single out the Mr Rich? or at least give him a slap.

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Why can't we single out the Mr Rich? or at least give him a slap.

because both mom+pop and Mr rich own bank debt.

the whole point of bank debt is you can't distinguish between bank debt held by mom and held by mr rich, whether it is held by mr rich or by mom.

so you can't haircut mr rich without haircutting mom_pop(+you).

but, hear this. Mr rich has more bank debt than you or mom or pop. so at the margin, mr rich feels the slap harder then you or your mom.

so slap the fecker, and keep slapping and if we ALL do that, then they'll cave before we do.

mr rich's plan is to persuade us that slapping him hurts us, mom+pop+you more than it does him, but it ain't true.

mr rich makes your all fearfull of inflation

but its not a thing to fear as long as return to labour exceeds return to capital, and if you believe in working for a living.

Edited by scepticus

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Escape From America: The Strange & Scary Billionaires Behind The Libertarian-Inspired Sea Castles

By Mark Ames

utopia-billionaire-escape-ship-470x313.jpg

This article was first published in Alternet

What happens when Americans plunder America and leave it broken, destitute and seething mad? Where do these fabulously wealthy Americans go with their loot, if America isn’t a safe, secure, or even desirable place to spend their riches? What if they lose faith in their gated communities, because those plush gated communities are surrounded by millions of pissed-off Americans stripped of their entitlements, and who now want in?

We finally have the answer, and you’re not going to like it: a new fleet of castles that float in the oceans. The super-wealthy are already building their first floating castle, a billion-dollar-plus luxury liner that offers permanent multimillion-dollar housing with the best protection of all: moats made of oceans, keeping the land-based Americans they’ve plundered at a safe distance.

http://exiledonline.com/escape-from-america-the-strange-scary-billionaires-behind-the-libertarian-inspired-sea-castles/

Edited by Britney's Piers

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mr rich makes your all fearfull of inflation

but its not a thing to fear as long as return to labour exceeds return to capital, and if you believe in working for a living.

They'll never understand it. That's why you should always bet against the moms and the pops. The only point of them is to shear them.

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what's propping him up is that every mom and pop saver wants to keep their savings but get rid of the rich.

ofc the rich have more savings (claims on your future income) than mom and pop do, so until mom and pop let go Mr Rich is quite safe.

er no.

Mr Rich isnt propped up by savings, hes propped up by debt.

If JSP stops paying his mortgage, his rent his tax, Mr RIch has nothing in many cases.

remember, money and wealth are from people. If people stop handing it over and just CLAIM their right, Mr Rich will have to earn the money himself.

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er no.

Mr Rich isnt propped up by savings, hes propped up by debt.

If JSP stops paying his mortgage, his rent his tax, Mr RIch has nothing in many cases.

remember, money and wealth are from people. If people stop handing it over and just CLAIM their right, Mr Rich will have to earn the money himself.

Fortunately, that'll never happen.

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Fortunately, that'll never happen.

It happens in every revolution. along with executions.

the Guillotine would be my preferred method...public, great show and terrifying.

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It happens in every revolution. along with executions.

the Guillotine would be my preferred method...public, great show and terrifying.

:lol: Dream on dreamer.

Why do the rich always get such a clean and quick end to proceedings. Why not hanged, drawn and quartered like the masses.

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:lol: Dream on dreamer.

Why do the rich always get such a clean and quick end to proceedings. Why not hanged, drawn and quartered like the masses.

Ofcourse, thats another good method...just requires a lot of effort in the cleanup...but yes, prolonged and fun. could have fireworks and a bonfire too.

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Slate.com

Seems a property billionaire senses the floor giving way beneath him, and wants to hang on to his comfort blanket.

the alliance of the greedy undeserving super rich and the equally undeserving scrounger poor. Only leaves the hard working, cautious careful middle classes to stomp up for the excesses of one and the neediness of the other

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because both mom+pop and Mr rich own bank debt.

Mr. Rich knows he own bank debt.

Mom and Pop don't, they think they have actual savings.

Banksters gonna fry, tbh. So is Mr. Rich.

Edited by Injin

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If JSP stops paying his mortgage, his rent his tax, Mr RIch has nothing in many cases.

Nothing?

Dont they have eggs in lots of baskets. or are they Alan sugar 100% snake oil one minute, 100% property the next types?

Obviously i exaggerate, but the point still stands. Theyre covered, hedged and hedged again.

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Sounds like America would be better off without this type of person.

Yeah, we try and be better off without hard working intelligent people in England. Doesnt seem to be working does it?

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Yeah, we try and be better off without hard working intelligent people in England. Doesnt seem to be working does it?

What about the majority who inherited their company/shares/property from their parents? What about the ambitious talent lower down in a company hamstrung by the decaying private sector? Somebody cannot go up through a company if most of the company's work has been sent to Asia.

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Nothing?

Dont they have eggs in lots of baskets. or are they Alan sugar 100% snake oil one minute, 100% property the next types?

Obviously i exaggerate, but the point still stands. Theyre covered, hedged and hedged again.

only if they have assets they can cash.

and those assets in all cases can only be cashed if people can buy them.

It ALL comes from the people....not MARS, or the MOON.

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Just one torpedo

just one Somali pirate....oh wait...US is the new Somalia.....just one US pirate

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Those ships would make a very inviting target for Iran if the US were to attack them. I hear they have lots of excellent anti-ship weaponry.

just one gastric virus would close the ship.

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  • 146 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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