October 7, 2019
Bernie Sparks Billionaire Panic
#TheDamageReport #JohnIadarola #TheYoungTurks
Wealth gap: Bernie's statement purposefully misunderstood
Bernie Sanders: "Billionaires should not exist...."
Christina Alesci: "Maybe Bernie Sanders shouldn't exist" says Blackstone's Schwarzman in response to (someone) asking him to defend billionaires, which Sanders says should NOT exist".
Alexandria Ocasio-Cortez: "Billionaires should not exist" does not mean certain people should not exist. The ascent of billionaires is a symptom and outcome of an immoral system that tells people affordable insulin is impossible but exploitation is fine".
The Damage Report asks:
"Do you think individuals should be allowed to have a billion dollars?"
Luxin: Yes, but anything in excess of a billion should go straight into legitimate environmental endeavours, or purchasing land for refugees to become self-sufficient farmers and land restoration experts.
John Iadarola: "The system should not have existed in a way that allowed them to accrue the wealth that they have. As you probably heard many times ... maybe disagree ... no person, ever, in the history of humanity, has earned a billion dollars. They've GOTTEN a billion dollars, but they haven't EARNED a billion dollars, certainly not by themselves, and we are allowed to say, as a society, that certain ways or types of making money are not acceptable. If I could make a million dollars for each person I shoot, you would not think that was an OK way for me to get wealthy. And while exploiting people and keeping them in poverty and all of that isn't as bad as murdering them, we are allowed to say it's unacceptable, we're not going to allow it any longer. You've benefited from the system long enough; you bought off the politicians; you got the policies and the regulations that you wanted; you accrued SCI-FI levels of wealth, and that needs to end, and so what we're going to do is set up a wealth tax ... You're so wealthier than I will ever be. You're so wealthy that you could spend more money every day than you could possibly imagine....at the end of that day you could dive into a whole bunch of coins Scrooge McDuck style, but you're not gonna be as wealthy as you were, because the rest of us are hurting, and it's time that it ends". ... (Elizabeth) Warren is willing to put in a wealth tax as well ... Long past due".
Luxin (no connection with The Damage Report): Amen. The existence of the "billionaire condition" (not the person) is proof that a huge adjustment of and equitable distribution of wealth is long overdue. I don't threaten individuals, but the disastrous outcome of the French and Russian revolutions is absolute proof of the curse of excessive wealth. Schwarzman and all his fellow plutocrats should, at least eventually, if wealth gap adjustment is law, be content with being "moderately wealthy" and hopefully protected from the fate of the wealthy in the above-referenced revolutions; they should also consider what Nick Hanauer speaks of.
Critique of Stephen Schwarzman, CEO of The Blackstone Group, who suffers from incurable foot-in-mouth disease ( https://en.wikipedia.org/wiki/Stephen_A._Schwarzman
). I recommend that Mr. Schwarzman, apologize for his hasty response. Schwarzman is, in my view, a corporate fascist or "Nazi" who loves to have buildings named after him. There is no indication of any environmental concerns in Schwarzman's "philanthropy".
"In June 2007, Schwarzman described his view on financial markets with the statement: "I want war, not a series of skirmishes... I always think about what will kill off the other bidder."
Mr. S. is close to the "Nazi" racist and dictator lover Donald J. Trump:
"Schwarzman is a Republican. He is a long-time friend of President Donald Trump and provides outside counsel, and served as chair of Trump's Strategic and Policy Forum. In response to criticism for his involvement with the Trump administration, Schwarzman penned a letter to current Schwarzman Scholars, arguing that "having influence and providing sound advice is a good thing, even if it attracts criticism or requires some sacrifice."
"He raised $100,000 for George W. Bush's political endeavors".
Evidence of Mr. S's foot-in-mouth disease:
"In August 2010, Schwarzman compared the Obama administration's plan to raise the tax rate on carried interest to Hitler's invasion of Poland in 1939. Schwarzman later apologized for the analogy".
"He had previously made a donation to (Sen.) Marco Rubio in 2014". Rubio is the Senator most critical of the danger of China and the CCP, as Steve Bannon is.
"In late 2016, Schwarzman "helped put together" a team of corporate executives to advise Trump on jobs and the economy. The group, which includes JPMorgan Chase CEO Jamie Dimon, Walt Disney boss Bob Iger and former General Electric leader Jack Welch, became Trump's Strategic and Policy Forum. In February, Schwarzman was named as chair of the 16-member President's Strategic and Policy Forum, which brings together "CEOs of America's biggest corporations, banks and investment firms" to consult with the President on "how to create jobs and improve growth for the U.S. economy.""
Mr. S invested in a school in China (government is the criminal "Nazi" CCP):
"On April 21, 2013, Schwarzman announced a $100 million personal gift to establish and endow a scholarship program in China, Schwarzman Scholars, modeled after the Rhodes Scholarship program. Schwarzman simultaneously announced a fundraising campaign with a goal of $200 million. The Schwarzman Scholars program is housed at Tsinghua University, one of China's most prestigious universities. The first class of 100 students graduated in 2017, upon completion of Schwarzman College, designed by Robert A. M. Stern, Dean of the Yale School of Architecture".