The US is doomed unless it gets money from the rich: If you don't know this you are uninformed and haven't been paying attention.

Chocura750

If you don't know this you are uninformed and haven't been paying attention.

proud republican Loc: RED CALIFORNIA

Chocura750 wrote:

If you don't know this you are uninformed and haven't been paying attention.

And how do you propose to do this?

out of the woods Loc: to hell and gone New York State

Chocura750 wrote:

If you don't know this you are uninformed and haven't been paying attention.

Your title was too ridiculous to resist, pray tell, inform me.

JFlorio Loc: Seminole Florida

Chocura750 wrote:

If you don't know this you are uninformed and haven't been paying attention.

And just what rich would that be? It’s one thing to not be the brightest bulb in the room. It’s another not even be tuned on. I take it economics isn’t your strong suit? If you confiscated every dime of the so called rich in America and put that amount towards the debt you wouldn’t make a dent in said debt. America is doomed unless we cut spending and export ignorant people,,,, such as yourself.

PoppaGringo Loc: Muslim City, Mexifornia, B.R.

JFlorio wrote:

And just what rich would that be? It’s one thing to not be the brightest bulb in the room. It’s another not even be tuned on. I take it economics isn’t your strong suit? If you confiscated every dime of the so called rich in America and put that amount towards the debt you wouldn’t make a dent in said dent. America is doomed unless we cut spending and export ignorant people,,,, such as yourself.

And cease letting more of the ignorant in.

Chocura750

A yearly property tax of 1% on wealth in excess of $4,000,000 would be a start.

rebob14

Chocura750 wrote:

If you don't know this you are uninformed and haven't been paying attention.

America’s wealth has always been held by the people who created it! Governments do not create value.............they appropriate it. The point is now moot anyway.....the entire wealth of the world would not eliminate the debt.

Peewee Loc: San Antonio, TX

rebob14 wrote:

America’s wealth has always been held by the people who created it! Governments do not create value.............they appropriate it. The point is now moot anyway.....the entire wealth of the world would not eliminate the debt.

The wealth of the Rothschilds is estimated to be 250 trillion. That could pay off the debt of almost all countries. I hear Trump is going to go back to the gold standard and eliminate the Federal Reserve and US fiat dollar. Then their money will be worthless. Plus I think a bunch of their assets have been frozen already since they control the drug, human trafficking and war business.

JFlorio Loc: Seminole Florida

What would that do? Besides make you feel better. Just plain dumb.

Chocura750 wrote:

A yearly property tax of 1% on wealth in excess of $4,000,000 would be a start.

JFlorio Loc: Seminole Florida

Fake news.

Peewee wrote:

The wealth of the Rothschilds is estimated to be 250 trillion. That could pay off the debt of almost all countries. I hear Trump is going to go back to the gold standard and eliminate the Federal Reserve and US fiat dollar. Then their money will be worthless. Plus I think a bunch of their assets have been frozen already since they control the drug, human trafficking and war business.

ldsuttonjr Loc: ShangriLa

Chocura750 wrote:

If you don't know this you are uninformed and haven't been paying attention.

Chocura750: Just think....If you would just leave this great society....There would be a natural redistribution of wealth!

Peewee Loc: San Antonio, TX

JFlorio wrote:

Fake news.

You know what opinions are like don't you?

JFlorio Loc: Seminole Florida

Pretty much. Just saying that after a little research that 250 trillion number is pretty out there. Basically who know for sure?

Peewee wrote:

You know what opinions are like don't you?

Peewee Loc: San Antonio, TX

JFlorio wrote:

Pretty much. Just saying that after a little research that 250 trillion number is pretty out there. Basically who know for sure?

Well, they took over the bank of England soon after the battle of Waterloo. Sent the five sons throughout Europe to take over those nations banks. They took over the US banking system, funded both sides of WWI and WWII, took down the czars of Russia. Run HSBC the Hong Kong Singapore Bank the biggest drug money laundering business in the world. Don't know exactly how much they have made but they have been at it a long time. Their power and influence is just about everywhere money can be made. You should read up on this family's history. Or just read how Loretta Lynch let the HSBC off the hook when they had all the evidence needed to take them down. She simple gave them a fine and then gave that money to liberal causes instead of the account holders who were defrauded.

RT friend Loc: Kangaroo valley NSW Australia

The problem of the concentration of wealth is tied up in the concept of value, Political Economics as opposed to just plain Economics tried to come to terms with a logical appreciation of value primary in political terms, I think Political Economics just became Ideology dressed up in acceptable terms for a broader audience, it certainly didn't come up with an answer.

How about Cripto, I wouldn't invest myself because it's harum to do that, and Cripto is just another elitist class of people who happen to be doing something unique, by adding an adjustment to the concept of value that no-one foresaw, I think it will get bigger and bigger causing a redistribution of wealth.