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Thread: Billionaires profit from the corona crisis

  1. #61
    Quote Originally Posted by Krugminator2 View Post
    Life would be so much better when you had to pay more, had to go to multiple stores to find what you want, and had to rely on home spun wisdom from Grand Papi instead of being able to gain any knowledge you want for free with the click of a mouse.
    It must be the wet dream of intelligence agencies to force us to pre-order anything we buy. Effectively mandating cash payments is already wonderful as Big Brother wants to know everything.
    But forcing us to order (through the internet) gives them the opportunity to delay or make some changes to what dangerous thoughtterrorists buy (and anybody that doesn't bow down to Big Brother is dangerous to say the least).

    Just wait until they forbid us to buy food at shops or restaurants, so they can neutralise all corona terrorists (premeditated murder by poisoning sounds a bit too harsh don't you agree?).
    Of course a wonderful obedient slave like you has nothing to fear from the "authorities" (unless of course you've learned information that they want to keep secret).

    It's really computer technology that has made man obsolete not to mention the billionaires even richer.
    It's also computer technology that enables them to finally rid their brave new world of all those useless eaters, who complain that they actually have to work while the billionaires get richer while sitting on their a$$ all day.

    This brings us the final solution that doesn't require expensive, inefficient wars, but thanks to real science being effectively destroyed in the 20th century, health care can and will drastically reduce the world population.

    So this all leads to the 21th century version of "kill the poor".
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty



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  3. #62
    The COVID-19 "pandemic" has made 50 pharmaceutical executives billionaires, with 28 from China.

    The new billionaires include the co-founder of BioNTech, which helped develop the Pfizer vaccine, Uğur Şahin, and the CEO of Massachusetts-based Moderna Stéphane Bancel: https://www.dailymail.co.uk/news/art...lionaires.html


    A video from Ben Swann, who argues that the billionaires will use their power to keep the economy in the coronavirus lockdown, as U.S. billionaires saw their wealth increase by $1 trillion since the pandemic was started.
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  4. #63
    Quote Originally Posted by Firestarter View Post
    I

    Of course a wonderful obedient slave like you has nothing to fear from the "authorities" (unless of course you've learned information that they want to keep secret).

    Google delivers the average person around $17,750 worth of value each year. https://www.economist.com/graphic-de...p-using-google If happily using Google makes me an obedient slave, so be it. I say thank you to the geniuses who founded the search engine.

    It's really computer technology that has made man obsolete not to mention the billionaires even richer.
    It's also computer technology that enables them to finally rid their brave new world of all those useless eaters, who complain that they actually have to work while the billionaires get richer while sitting on their a$$ all day.
    Here is an unpopular view. Rich people work a lot harder than the average person. And poor people as a group are usually lazier and/or more undisciplined. I know that doesn't fit in with the zero sum world of internet posters who think life is random and rich people are just lucky and poor people unlucky, but it happens to be true.


    "Our data reveal that 62% of high-earning individuals work more than 50 hours a week, 35% work more than 60 hours a week, and 10% work more than 80 hours a week. Add in a typical one-hour commute, and a 60-hour workweek translates into leaving the house at 7 am and getting home at 9 pm five days a week. If we focus on the subset of those workers who hold what we consider extreme jobs (a designation based on responsibilities and other attributes beyond pay), the hours are even more punishing. The majority of them (56%) work 70 hours or more a week, and 9% work 100 hours or more" https://hbr.org/2006/12/extreme-jobs-the-dangerous-allure-of-the-70-hour-workweek

    America’s highest earners work at least 60 hours a week—more than anyone else in the world https://qz.com/134064/the-industrial...rking-so-much/

    Why High Earners Work Longer Hours https://www.nber.org/digest/jul06/wh...k-longer-hours

    Last edited by Krugminator2; 01-02-2021 at 12:18 PM.

  5. #64
    Quote Originally Posted by Krugminator2 View Post
    Google delivers the average person around $17,750 worth of value each year. https://www.economist.com/graphic-de...p-using-google If happily using Google makes me an obedient slave, so be it. I say thank you to the geniuses who founded the search engine.
    I wouldn't pay Google a red cent. I don't need to pay someone to control my choices and information. In fact, I use Google less and less because it's obvious I am not being served by their services, but rather I am serving their services. It's ridiculous how a search for a type of product on Google automatically pushes me toward another agenda-compliant big box store, while a search on duckduckgo.com yields completely different results. Google exists to perpetuate sales for the agenda-compliant Wall St darlings like Home Depot and Amazon and to limit what information is available.

    Here is an unpopular view. Rich people work a lot harder than the average person. And poor people as a group are usually lazier and/or more undisciplined. I know that doesn't fit in with the zero sum world of internet posters who think life is random and rich people are just lucky and poor people unlucky, but it happens to be true.
    It's hard work flying to Davos, staying in 5 star hotels while drinking 35yo scotch and eating wagu beef and truffle dinners after calling up Jay Powell when more money is needed to keep the zombie corp afloat for another year via an illegal Fed bond-buying SPV. How ever do they manage such a rough life? They're certainly much harder workers than the girl who stands on her feet outside in all weather conditions for 9 hours a day, 6 days a week taking Chic-fil-a orders from the rest of the lazy slaves.

    "Our data reveal that 62% of high-earning individuals work more than 50 hours a week, 35% work more than 60 hours a week, and 10% work more than 80 hours a week. Add in a typical one-hour commute, and a 60-hour workweek translates into leaving the house at 7 am and getting home at 9 pm five days a week. If we focus on the subset of those workers who hold what we consider extreme jobs (a designation based on responsibilities and other attributes beyond pay), the hours are even more punishing. The majority of them (56%) work 70 hours or more a week, and 9% work 100 hours or more" https://hbr.org/2006/12/extreme-jobs-the-dangerous-allure-of-the-70-hour-workweek

    America’s highest earners work at least 60 hours a week—more than anyone else in the world https://qz.com/134064/the-industrial...rking-so-much/

    Why High Earners Work Longer Hours https://www.nber.org/digest/jul06/wh...k-longer-hours
    Perhaps you have a point, after all. It probably does take long hours to engineer and rig how to enslave the entire world. Touche'
    Last edited by devil21; 01-03-2021 at 01:05 AM.
    "Let it not be said that we did nothing."-Ron Paul

    "We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book



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  7. #65
    Quote Originally Posted by Krugminator2 View Post
    Google delivers the average person around $17,750 worth of value each year. https://www.economist.com/graphic-de...p-using-google If happily using Google makes me an obedient slave, so be it. I say thank you to the geniuses who founded the search engine.

    Yea, sure. Thanks to Google, much value has been brought to billions. I'll acknowledge that. But let's not act like they're angels and turn a blind eye to all of the other nefarious activities they partake in now. Activities such as search manipulation, propaganda, spying, etc. that I'm sure even you can't defend (and don't try because you won't be convincing anyone here other than yourself).
    Welcome to the R3VOLUTION!

  8. #66
    Quote Originally Posted by Firestarter View Post
    Yeah sure whatever, they're great at having nice conversations with their wealthy friends and cronies!



    The following thread (with more dubious posts by @Krugminator2) shows that the whole game is rigged.

    Bezos, Zuckerberg, Blavatnik, Peter Thiel, Bronfman, Clinton and Kushner all on the same team: Bronfman-Clinton-Bezos-and-Facebook-insider-trading
    I can't speak to their political views, and haven't (yet) read that thread, but...

    ...wouldn't it be nice, just for once, to have a political class which has some kind of skill beyond lying to rubes?

  9. #67
    Quote Originally Posted by r3volution 3.0 View Post
    ...wouldn't it be nice, just for once, to have a political class which has some kind of skill beyond lying to rubes?
    It would be nice to have some politicians with class for a change...

    The notion of a political class used by the ruling class to exploit the peasants, is slavery (that was supposedly abolished a long time ago).
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  10. #68
    According to CNBC, Tesla CEO Elon Musk is now the richest man in the world, with a net worth of over $185 billion. Reportedly Musk owned $27 billion at the start of 2020, with the skyrocketing Tesla shares making his wealth balloon.


    Second richest in the world Amazon’s Jeff Bezos, who was the supposed "richest person in the world" since 2017, is currently worth an impressive $184 billion: http://www.justjared.com/2021/01/07/...-in-the-world/
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  11. #69
    Oxfam's report “The Inequality Virus” shows that the wealth inequality between the global elite and the average individual will increase further in almost every country as the result of the corona "pandemic".
    See 2 excerpts.
    .
    Oxfam’s report shows how the rigged economic system is enabling a super-rich elite to amass wealth in the middle of the worst recession since the Great Depression while billions of people are struggling to make ends meet. It reveals how the pandemic is deepening long-standing economic, racial and gender divides.
    (...)
    Rigged economies are funnelling wealth to a rich elite who are riding out the pandemic in luxury, while those on the frontline of the pandemic —shop assistants, healthcare workers, and market vendors— are struggling to pay the bills and put food on the table.
    .
    In April 2020, the UN World Food Program (WFP) reported to the United Nations Security Council about this "global humanitarian catastrophe".
    WFP Executive Director David Beasley stated "821 million people go to bed hungry every night all over the world, chronically hungry, and as the new Global Report on Food Crisis published today shows, there are a further 135 million people facing crisis levels of hunger or worse. That means 135 million people on earth are marching towards the brink of starvation. But now the World Food Programme analysis shows that, due to the Coronavirus, an additional 130 million people could be pushed to the brink of starvation by the end of 2020. That’s a total of 265 million people".

    This confirms that the effects of the worldwide lockdown "cure" is worse than the COVID-19 "disease": https://thefreethoughtproject.com/ne...ated-the-poor/


    In October 2019, a large display in the auditorium where Event201 was staged suggests that the participants knew precisely what they were preparing for: "We need to prepare for the event that becomes a pandemic".
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  12. #70
    In a nice example of crony capitalism, people who donated £8.2 million to the Conservative Party in recent years, got awarded £881 million worth of UK Government contracts related to the corona "pandemic" (that's a nice 10,000% return on "investment").


    Michael Ashcroft is the billionaire former Conservative Party deputy chairman, who since 2001 donated £5.9 million to the Conservative Party. Medacs Healthcare is owned by Ashcroft through the Impellam Group.
    Medacs was awarded a £350 million contract to provide laboratory staff to the UK’s testing operation.

    Sir Philip Hulme is co-founder, shareholder and a non-executive director of British IT company Computacenter.
    In 2013, Philip Hulme donated £10,000 to Conservative MP Nick Herbert. Hulme's wife Janet also donated £100,000 to the Conservative party. On 15 November 2019, somebody called George Hulme also gave £50,000 to the Conservative Party, but it isn't clear whether they are related.
    Computacenter was awarded contract worth £196 million for the provision of school technology equipment.

    David Meller owns Meller Designs and has donated nearly £60,000 to Conservative politicians and the central party since 2009.
    Since 6 May, Meller Designs was awarded a series of DHSC contracts worth at least £163.5 million.

    Haraldur Agustsson owns Globus (Shetland) Limited, which has donated £375,000 to the Conservative Party since 2016.
    In July, Globus won a £93.8 million contract for the supply of FFP3 respirators. Another firm in the Globus Group, Alpha Solway, won another contract worth £53 million to produce face masks for the Scottish Government, Globus was also awarded some other PPE contracts worth £11 million.

    Scott Fletcher founded the ANS Group in 1996 and owns Lowry Trading Limited that ultimately controls ANS. Since 2014, Lowry Trading Limited has donated £240,500 to the Conservative Party.
    ANS Group was awarded 4 contracts by the DHSC and NHS England since April 2020. ANS Group is working with Amazon Web Services.

    Oluwole ‘Wol’ Kolade has made £678,000 in personal donations to the Conservative Party, since 2002, including in 2019 a £10,000 donation to Health and Social Care Secretary Matt Hancock.
    Kolade is the managing partner of Livingbridge, a global investment company that holds between 50% and 100% of the shares in Efficio Global Limited – the parent company for various Efficio subsidiaries.
    Since April 2020, Efficio has won COVID-19 contracts worth at least £5.9 million from the Cabinet Office, the Department of Health and Social Care (DHSC) and NHS England.

    Sir Peter Rigby is the founder, majority-owner and chairman of Rigby Group Plc, which donated £50,000 to the central party in 2019, and another £55,000 in 2017.
    A subsidiairy of Rigby Group is Specialist Computer Centres (SCC), which won a contract worth £2.1 million.

    Steve Parkin is the founder and executive chairman of Clipper Logistics. Parkin has donated £725,000 to the Conservative Party in recent years.
    Clipper Logistics had won a £1.3 million contract from the Government to distribute PPE: https://bylinetimes.com/2021/02/05/c...rus-contracts/
    (https://archive.is/ZPSc1)
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  13. #71
    Quote Originally Posted by Krugminator2 View Post
    Here is an unpopular view. Rich people work a lot harder than the average person. And poor people as a group are usually lazier and/or more undisciplined. I know that doesn't fit in with the zero sum world of internet posters who think life is random and rich people are just lucky and poor people unlucky, but it happens to be true.
    I agree. Sadly there's only a couple of us left on this site that believe in minimal government, liberty and free markets. Most everyone seems to think corporations should basically be nationalized although they won't come out and say it directly. But if someone thinks we should randomly punish corporations with punitive taxes, antitrust lawsuits, minimum wage laws, discrimination laws, liability for stuff they don't post, etc, then they're basically saying the corporations don't belong to the owners, they belong to the government. This is known as fascism. That's where the govt "allows" people to "own" a business but the govt forces them to run it their way.

    As Ayn Rand would say, socialism is just a more honest version of fascism:

    "Observe that both “socialism” and “fascism” involve the issue of property rights. The right to property is the right of use and disposal. Observe the difference in those two theories: socialism negates private property rights altogether, and advocates “the vesting of ownership and control” in the community as a whole, i.e., in the state; fascism leaves ownership in the hands of private individuals, but transfers control of the property to the government.

    Ownership without control is a contradiction in terms: it means “property,” without the right to use it or to dispose of it. It means that the citizens retain the responsibility of holding property, without any of its advantages, while the government acquires all the advantages without any of the responsibility.

    In this respect, socialism is the more honest of the two theories. I say “more honest,” not “better”—because, in practice, there is no difference between them: both come from the same collectivist‐​statist principle, both negate individual rights and subordinate the individual to the collective, both deliver the livelihood and the lives of the citizens into the power of an omnipotent government —and the differences between them are only a matter of time, degree, and superficial detail, such as the choice of slogans by which the rulers delude their enslaved subjects."

  14. #72
    Quote Originally Posted by Madison320 View Post
    I agree. Sadly there's only a couple of us left on this site that believe in minimal government, liberty and free markets. Most everyone seems to think corporations should basically be nationalized although they won't come out and say it directly. But if someone thinks we should randomly punish corporations with punitive taxes, antitrust lawsuits, minimum wage laws, discrimination laws, liability for stuff they don't post, etc, then they're basically saying the corporations don't belong to the owners, they belong to the government.
    Randomly?

    Cute spin, but utterly false. Nobody here wants the federal government to own corporations. Nobody, and you damned well know it.

    What people here have a problem with is the fact that corporations own the government. This, too, creates fascism, and you and Krugman II are the ones who seem fine with it.
    Quote Originally Posted by DamianTV View Post
    Define Terrorist please.

    According to, well, pretty much both political parties, the other party is now guilty of Terrorism.
    Listening to the mainstream media is like standing under a power line when the birds are migrating.



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  16. #73
    Quote Originally Posted by Madison320 View Post
    I agree. Sadly there's only a couple of us left on this site that believe in minimal government, liberty and free markets. Most everyone seems to think corporations should basically be nationalized although they won't come out and say it directly. But if someone thinks we should randomly punish corporations with punitive taxes, antitrust lawsuits, minimum wage laws, discrimination laws, liability for stuff they don't post, etc, then they're basically saying the corporations don't belong to the owners, they belong to the government. This is known as fascism. That's where the govt "allows" people to "own" a business but the govt forces them to run it their way.

    As Ayn Rand would say, socialism is just a more honest version of fascism:

    "Observe that both “socialism” and “fascism” involve the issue of property rights. The right to property is the right of use and disposal. Observe the difference in those two theories: socialism negates private property rights altogether, and advocates “the vesting of ownership and control” in the community as a whole, i.e., in the state; fascism leaves ownership in the hands of private individuals, but transfers control of the property to the government.

    Ownership without control is a contradiction in terms: it means “property,” without the right to use it or to dispose of it. It means that the citizens retain the responsibility of holding property, without any of its advantages, while the government acquires all the advantages without any of the responsibility.

    In this respect, socialism is the more honest of the two theories. I say “more honest,” not “better”—because, in practice, there is no difference between them: both come from the same collectivist‐​statist principle, both negate individual rights and subordinate the individual to the collective, both deliver the livelihood and the lives of the citizens into the power of an omnipotent government —and the differences between them are only a matter of time, degree, and superficial detail, such as the choice of slogans by which the rulers delude their enslaved subjects."
    Yeah it's crazy town in some of these threads.

    All the ridiculous arguments used for censorship of tech companies and antitrust were literally the same arguments Ayn Rand was shooting down in 1963. America’s Persecuted Minority: Big Business


    https://courses.aynrand.org/works/am...-big-business/

  17. #74
    Quote Originally Posted by Krugminator2 View Post
    Yeah it's crazy town in some of these threads.

    All the ridiculous arguments used for censorship of tech companies and antitrust were literally the same arguments Ayn Rand was shooting down in 1963. America’s Persecuted Minority: Big Business
    Do you see anybody here calling for censorship?!? You are the one calling thread like these "crazy" insinuating that censorship is needed!

    If blatant censorship doesn't work you can always derail threads by posting BS propaganda over and over and over again...

    There isn't really anything like freedom of speech, when the big internet moguls - Google, Yahoo, Youtube, Facebook, Twitter - can simply block dissident views is there?
    Of course this helps the billionaires to push for a new world order where the rich get richer and the poor get enslaved though debt...

    Poor, poor "persecuted" billionaires!
    Quote Originally Posted by Firestarter View Post
    The total net worth of the 651 billionaires in the US rose from $2.95 trillion (on 18 March) to $4.01 trillion (on 7 December) - a rise of 36%...
    Last edited by Firestarter; 02-14-2021 at 02:05 AM.
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  18. #75
    Quote Originally Posted by Krugminator2 View Post
    Yeah it's crazy town in some of these threads.

    All the ridiculous arguments used for censorship of tech companies and antitrust were literally the same arguments Ayn Rand was shooting down in 1963. America’s Persecuted Minority: Big Business


    https://courses.aynrand.org/works/am...-big-business/
    That chapter should be required reading for people here. One of my all time favorites.

  19. #76
    Trolls that derail threads should be banned...

    Poor, poor "persecuted" billionaires!
    Quote Originally Posted by Firestarter View Post
    The total net worth of the 651 billionaires in the US rose from $2.95 trillion (on 18 March) to $4.01 trillion (on 7 December) - a rise of 36%...
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  20. #77
    In another great example of crony capitalism, Alex Bourne was awarded £30 million in contracts, despite having no experience in medical supplies.
    Alex Bourne is however the former neighbour and buddy of UK health secretary Matt Hancock.
    See the 2 friends at Alex Bourne's former pub, the Cock Inn in Thurlow.


    Both Bourne and Hancock have strongly denied that Bourne was awarded these contracts because he has friends in high places. But they weren't quite able to explain why Bourne was awarded these contracts.
    This is especially strange as Bourne simply subcontracted 2 distributors to deliver test tubes that had pre-existing deals with the Department of Health and Social Care (DHSC).

    At first Bourne’s lawyers flatly denied that their client had any discussions with Hancock to get awarded these multimillion government contracts, but he was forced to admit that he had exchanged text and email messages with Hancock over several months.
    Bourne admitted that he sent his first WhatsApp message offering his services on 30 March to Hancock’s mobile number in a message that started with: “Hello, it’s Alex Bourne from Thurlow”.

    While Bourne’s lawyers still deny that Bourne and Hancock have a “close personal connection”, Bourne’s (former?) friend Sukhvinder Dhat said he had regularly seen Hancock in Bourne’s pub and claimed that Bourne and Hancock are “friends” and “buddies”: https://www.theguardian.com/world/20...atsapp-message


    The Medicines and Healthcare products Regulatory Agency (MHRA) has stated it is now "investigating" Alex Bourne's firm Hinpack.

    Hancock on Sunday dismissed a court ruling that he broke the law by keeping details of COVID contracts secret.
    Hancock argued it is “not true” that he had refused to publish these contracts, insisting it was just “delayed paperwork”: https://www.independent.co.uk/news/u...-b1805330.html


    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  21. #78
    Poor Jeff Bezos! After years of Bill Gates, finally becoming the "richest man in the world", and then being replaced by Elon Musk...
    So the UK is now helping Bezos, by introducing a £25 billion “super-deduction” tax break that could “entirely wipe out” Amazon's tax bill in the UK. Of course Amazon had already benefited from the complete lockdown, with sales going up 50%.

    The super-deduction announced by Rishi Sunak, will allow companies to deduct 130% of investment spending on plant and machinery against profits for the next 2 years. If a company for example spends £10 million on new equipment, its taxable income would be reduced by £13 million.

    Amazon’s UK tax bill is already low because it officially collects a lot of its UK sales in Luxembourg (already tax free - see Luxleaks).
    In 2019, Amazon’s UK operations made profits of £102 million and paid £6.3 million in taxes. The company also spent £66.8 million on plant and machinery, £80.4 million on office equipment and £15.3 million on computer equipment.
    .
    If expensed at 130%, this would entirely wipe out the pre-tax profits of the company before any deductions of staff pay awards. With the budget announcement suggesting more cuts to government spending in years to come, it is highly questionable as to whether a tax cut for Amazon today is the best use of public money.
    https://www.taxwatchuk.org/amazon_tax_cut/
    (https://archive.is/21a79)
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  22. #79
    Since the "pandemic" was started, the combined wealth of the US’s 657 billionaires increased with more than $1.3 trillion (+45%).
    In that same period, almost 80 million Americans lost their job between 21 March 2020, and 20 February 2021, and 18 million were collecting unemployment on 27 February 2021.

    The following 15 billionaires had the greatest growth in absolute wealth of $563 billion or +82% percent. The wealth growth of just these 15 represents over 40% of the wealth growth of all "American" billionaires.


    Topping the list are.
    Elon Musk, who became $137.5 billion richer, 559%;
    Jeff Bezos, who became $65 billion richer, 58%;
    Mark Zuckerberg, who became $47 billion richer, 86%.

    Also note.
    Dan Gilbert, who reached $48.2 billion in wealth, +642%; owner of Quicken Loans, which capitalised on online financing;
    Ernest Garcia II, who reached $16 billion in wealth, +567%; biggest shareholder of Carvana, online car sales and auto-financing;
    Michael Dell, who reached $46.2 billion in wealth, +102%; founder and CEO of Dell Technologies, who serves on the Foundation Board of the World Economic Forum.

    And one of my personal favourites, the Soviet born British American (?) born Len Blavatnik, who reached $31.7 billion in wealth, +87%.
    Blavatnik is another Chabad-Lubavitcher, Trump donor and business partner of Donald's Bonesman Treasury Secretary Steve Mnuchin.

    Of 17 industry categories, billionaires in the technology industry (not big pharma?) had the greatest wealth growth — $564 billion, +68%: https://inequality.org/great-divide/...ic-profiteers/
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  23. #80
    Quote Originally Posted by Firestarter View Post
    Since the "pandemic" was started, the combined wealth of the US’s 657 billionaires increased with more than $1.3 trillion (+45%).
    In that same period, almost 80 million Americans lost their job between 21 March 2020, and 20 February 2021, and 18 million were collecting unemployment on 27 February 2021.

    The following 15 billionaires had the greatest growth in absolute wealth of $563 billion or +82% percent. The wealth growth of just these 15 represents over 40% of the wealth growth of all "American" billionaires.


    Topping the list are.
    Elon Musk, who became $137.5 billion richer, 559%;
    Jeff Bezos, who became $65 billion richer, 58%;
    Mark Zuckerberg, who became $47 billion richer, 86%.

    Also note.
    Dan Gilbert, who reached $48.2 billion in wealth, +642%; owner of Quicken Loans, which capitalised on online financing;
    Ernest Garcia II, who reached $16 billion in wealth, +567%; biggest shareholder of Carvana, online car sales and auto-financing;
    Michael Dell, who reached $46.2 billion in wealth, +102%; founder and CEO of Dell Technologies, who serves on the Foundation Board of the World Economic Forum.

    And one of my personal favourites, the Soviet born British American (?) born Len Blavatnik, who reached $31.7 billion in wealth, +87%.
    Blavatnik is another Chabad-Lubavitcher, Trump donor and business partner of Donald's Bonesman Treasury Secretary Steve Mnuchin.

    Of 17 industry categories, billionaires in the technology industry (not big pharma?) had the greatest wealth growth — $564 billion, +68%: https://inequality.org/great-divide/...ic-profiteers/
    It depends on how people get rich. If they get rich from government favors then the cure is to stop granting favors. If they get rich in the free market then good for them.

    As long as you're against stealing from the rich to "get even" then we may actually be in agreement. Stealing from the rich would include things like progressive taxation, antitrust laws, discrimination laws, wrongful termination laws, etc.



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  25. #81
    Quote Originally Posted by Madison320 View Post
    It depends on how people get rich. If they get rich from government favors then the cure is to stop granting favors. If they get rich in the free market then good for them.
    What I'm seeing is that the elite and their cronies get richer with the help of a government and legal system that caters for the rich, especially during the current corona "pandemic".
    I don't have an answer to how to "solve" inequality. I don't believe that any political ideology is the answer.

    There has never been any genuine "free market", with the result that most of the wealthy families have become rich by corruption, using the government to enslave the masses.


    Quote Originally Posted by Madison320 View Post
    As long as you're against stealing from the rich to "get even" then we may actually be in agreement. Stealing from the rich would include things like progressive taxation, antitrust laws, discrimination laws, wrongful termination laws, etc.
    This "pandemic" has nothing to do with a medical emergency based on "science". The complete lockdown in combination with the Blackrock "going direct" plan, has made the richer richer and the poor poorer...
    Needless to say I'm against what has happened in the last year, not only because of the economic consequences, but also because of the ever more draconian police state.

    I have never figured out what an "honest" tax system should be.
    Over here in the Kingdom of the Netherlands we have a "progressive taxation", but because of loopholes in the tax system, the rich often pay less taxes than the middle class.
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  26. #82
    Canadian Billionaire Gerald Schwartz's Thornbury Nursing Services was paid 4 times the "normal" rate for nurses, charging the NHS as much as £170 an hour.
    Thornbury's pays maximum wages of £86 an hour to highly specialist intensive care nurses...

    Thornbury Nursing Services is part of the Acacium Group that for years was part of a parent company in the money laundering, tax haven Cayman Islands, and were ultimately owned by the London and New York investment firm TowerBrook Capital Partners, whose directors include 2 Tory donors, Ramez Sousou (who donated £525,200 between 2007 and 2016) and Filippo Cardini (a mere£2,000 in 2017): https://www.reddit.com/r/ukpolitics/..._covid_nurses/
    (https://archive.is/kKVql)
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  27. #83
    In 2021, Forbes added 660 billionaires to its yearly list, to an unprecedented 2,755. All billionaires together are worth $13.1 trillion, up from $8 trillion on the 2020 list.


    There are a record high 493 newcomers to the list, including 210 from China and Hong Kong and 98 from the U.S. Another 250 billionaires have reentered the billionaires’ list. 493 + 250 = 743, so about 80 lost their status of "billionaires".
    A "staggering" 86% of all billionaires are richer than a year ago: https://www.forbes.com/sites/davidda...an-a-year-ago/
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    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  28. #84
    Of Forbes' 660 "new" billionaires, 40 became filthy rich from COVID-related business activities.
    These 40 together, now own a combined $78 billion.


    4 of these 40 are Canadian-Chinese (I "guess"...)
    5. Yuan Liping (Canada) - $3.6 Billion; 24% stake in Shenzhen Kangtai.
    32. Qiu Dongxu (Canada) - $1.2 Billion; Cofounder of Tianjin-based CanSino Biologics.
    33. Yu Xuefeng (Canada) - $1.2 Billion; Cofounder of CanSino.
    34. Mao Huihua (Canada) - $1 Billion; Cofounder of CanSino: https://www.dailymail.co.uk/news/art...s-pandemi.html
    Do NOT ever read my posts. Google and Yahoo wouldn’t block them without a very good reason: Google-censors-the-world/page3

    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  29. #85
    Quote Originally Posted by Firestarter View Post
    I have never figured out what an "honest" tax system should be.
    Over here in the Kingdom of the Netherlands we have a "progressive taxation", but because of loopholes in the tax system, the rich often pay less taxes than the middle class.
    Assuming the Netherlands allows everyone to vote, even those on welfare, it's almost a certainty that the rich are paying most of the taxes. It's basic math. Politicians want to get re-elected so they pander to the majority. If you take a million dollars from one voter and give that million to a thousand voters you lose one vote but gain 1000.

  30. #86
    Quote Originally Posted by Madison320 View Post
    Politicians want to get re-elected so they pander to the majority. If you take a million dollars from one voter and give that million to a thousand voters you lose one vote but gain 1000.
    I've never heard of any politician in the Netherlands using such a campaign promise to get elected. A lot of the leftist politicians (and even the right wing, which we call "liberaal") call "progressive taxes" really fair.

    Maybe the biggest fraud is the "rent subsidy" that is sold to us as support for the "poor", but in reality goes directly to the the rich landlords.


    Quote Originally Posted by Madison320 View Post
    Assuming the Netherlands allows everyone to vote, even those on welfare, it's almost a certainty that the rich are paying most of the taxes.
    Sure we can vote...
    But our beloved dictator gets selected based on birth right. And because the Kingdom of the Netherlands is a "democracy", and... he isn't (democratically) elected... he's immune from prosecution.

    Needless to say our royal family is tax exempt by constitution, but they "promise" to pay taxes. No need to check of course!

    See Queen Maxima, PM Mark Rutte and Minister Sigrid Kaag at the WEF, January 2019.


    The Netherlands had a (high) income tax of 52% (making it 4th in the world), and a "low" (for low incomes) income tax of 36.55% (I'm not sure what it is now).
    In 2019, the VAT rate on things like groceries and medicine was increased from 6% to 9%. It is estimated that this will cost the average household an additional 300 euro per year. At the same time promising to lower the "low" income taxes.
    Greetings-from-Holland#post6764693
    Last edited by Firestarter; Yesterday at 01:00 PM.
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