General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHappyMe
(20,277 posts)Dear lord, how will they live?
Newest Reality
(12,712 posts)That won't cover much at all. It's downright austere.
What an insult!
BP2
(554 posts)erronis
(15,303 posts)This is not non-reported investments (overseas, partnerships, family members). This probably doesn't include stock options, special plans for re-investment credits. Only their hairdressers will know for sure.
Let's take a look at this from a input/output basis:
- Mortgages on 3 houses in very desirable locations - maybe $0 since magically they are already paid for. But also, maybe $500,000 per year.
- Upkeep on these 3 houses and 5+ luxury automobiles and staff: $800,000-2,000,000 per year.
- Upkeep for the children, the b@st@rds of dalliances, the multiple wives (current and ex): $500,000-4,000,000.
- Yacht(s): $400,000 per year (assuming already paid for.)
- Little ancillary expenses like food, booze, clothing, payoffs: $1,000,000-$2,000,00 per year.
So maybe I've missed a whole bunch of this conversation and maybe these guys in the fancy suits and red ties are going to flip burgers to augment their income, but...
progressoid
(49,991 posts)Poor babies.
HappyMe
(20,277 posts)phantom power
(25,966 posts)Fantastic Anarchist
(7,309 posts)... or so the powers tell me.
d_legendary1
(2,586 posts)jumped away with while my 401(K) lost ten grand during the War Shrub Error!
kacekwl
(7,017 posts)telling me Bernie Sanders can't win. Bullshit
All he needs is the opportunity to get his message out. Bernie is the real deal, not some bought and paid for pol who is owned by special interests and big business.
bigwillq
(72,790 posts)he'll be bought and paid for by the big donors that donate to his campaign.
MissDeeds
(7,499 posts)A Simple Game
(9,214 posts)fasttense
(17,301 posts)so much wealth. It doesn't belong to them. They did very little to earn it. If it were not for some scamming and accounting tricks most of them would be just as poor as the rest of us. Behind every great fortune is a great crime.
Their excess pensions represents our nation's resources, labor and hard work.
sabrina 1
(62,325 posts)but we have morals and ethics. THEY think they are smarter than the rest of us.
Another sign of how devoid of intellect and ethics they are.
I am not saying all wealthy people are that way, but those who want to cut the benefits of the most vulnerable people, there is no doubt, they got what they have because they are ruthless. If they were to rely on their intellect, they were poorer than the average working class citizen..
erronis
(15,303 posts)I've lived in the DC area for many years. Most of the large homes build in the suburbs with real yards could not have been purchased with normal salaries, not even 200,000/year salaries. Most of the large RE transactions have been in cash or bought through several intermediaries.
Ed Suspicious
(8,879 posts)spanone
(135,844 posts)abelenkpe
(9,933 posts)Wish there were many more like him.
gregcrawford
(2,382 posts)... They want to see the weasels of Wall Street get their diseased paws on the Social Security Trust Fund so they can squander it to enrich themselves while they impoverish the rest of us. The Social Security Trust Fund is a closed system, except when someone's robbing it, like Reagan, Bush 41, Clinton, and Bush the Lesser did. Obama probably has, too. The Budget Enforcement Act of 1990 specifically forbids the inclusion of SSTF monies in general budget calculations, which means that Social Security contributes NOT ONE PENNY to the Big Bad Deficit, so slashing benefits won't subtract one penny from it, either.
I can remember when Truman was president, so I've had time to observe the malignant machinations of conservative cockroaches for a long time. (yeah, I DO like a little alliteration now and then!) The intellectually challenged Teabaggers notwithstanding, the real decision makers in the conservative hive take the long view. And when you connect the dots over a period of decades, it becomes obvious that steadily constricting and eroding the basic rights and legal protections of people will inevitably lead to civil unrest and even armed insurrection, which is exactly what I think they want. Then they can justify a brutal crackdown with the establishment of martial law, mass incarceration... and, voila! You have a captive workforce that quite literally works for peanuts, if they get paid at all.
Think that's farfetched? Guess again. They're already doing it. The US jails more of its citizens than any other country on Earth, and that's by sheer numbers, not per capita. CCA and other private prison companies regularly solicit contracts with corporations for all manner of what is essentially slave labor. And they want to build even more prisons. Do the math. But don't be afraid. Be ENRAGED! And fight these fascist pigs, or life in a corporatist hellscape won't be our children's inheritance, it will be OUR life very, very soon.
haikugal
(6,476 posts)Alkene
(752 posts)he doesn't have the support.
freshwest
(53,661 posts)Part of my post here, with a lot more information on this phony crisis:
http://www.democraticunderground.com/10026351232#post23
Hope you enjoy it.
riverbendviewgal
(4,253 posts)and see how they survive.....
Babel_17
(5,400 posts)Cha
(297,322 posts)Greedy Monsters like mr overstuffed ceo here.
Scuba
(53,475 posts)Enthusiast
(50,983 posts)pansypoo53219
(20,981 posts)raging moderate
(4,305 posts)RUN, BERNIE, RUN!