Comments by "SkyRiver" (@SkyRiver1) on "ABC News" channel.

  1. 12
  2. 7
  3. 7
  4. 6
  5. 6
  6. 4
  7. 4
  8. 3
  9. 3
  10. 3
  11. 3
  12. 3
  13. 3
  14. 2
  15. 2
  16. 2
  17. 2
  18. 2
  19. 2
  20. 2
  21. 2
  22. 1
  23. 1
  24. Bernie $ VS Bloomburg $ Apologies to those who took arithmetic in elementary school. I know you already know this -- even so you may not be able to envision the difference in these fortunes and this explanation may help. Bernie has a stack of two million one dollar bills that he wants to give to Judy. Bernie is old and can only give her one dollar each second. If Bernie is wearing a catheter and doesn't need to go to the bathroom and can hand Judy dollar bills 24 hours a day, 7 days a week: how long will it take Bernie to give Judy his two million dollars? answer: There are 60 seconds in a minute and 60 minutes in an hours and 24 hours in a day: Therefore Bernie can hand Judy 86,400 dollar bills every day. So he can give her $86,000 per day. So it would take Bernie just about 23 days and three and a half hours to give Judy two million dollars. (since $86,400 goes into $2,000,000 a little over 23.15 times) In twenty three days Bernie could hand Judy his two million dollars, one dollar at a time, if he can stay awake, and he can, cause he is a vastly woke dude. How long would it take little Mike to hand Judy his 60,2 billion dollars one dollar at a time? Mike is also old and wearing a catheter, is being fed intravenously and attended by his personal medical staff. Through the wonders of modern pharmacology and a neural implant he purchased, Mike can also stay awake. But due to age Mike can also only hand Judy one dollar bill per second. So Mike, like Bernie can give Judy $86,400 per day. There are 6,759.26 ($86,400) in 60.2 billion dollars so it would take Mike six hundred and ninety six thousand seven hundred and fifty nine days to hand Judy his 60.2 billion dollars. That's 696,759.26 days. That many days equals one thousand nine hundred and eight years and a few days short of eight months. So it would take Mike 1908.93 years to hand Judy all his money (that we know of). Bernie would be broke in 23 days. Mike would be broke in 1,909 years. Who is the oligarch? Addendum: Please note that since Mike is a capitalist who profits, not from his labor or producing goods but by investment, his wealth will actually be increasing by more than $86,400 per day because of profits on his fortune. So in reality, no matter how many thousands of years he spends handing Judy his money, he would never be able to do it and would always have more to hand her each day than he did the day before. Addendum PS: Old Jewish wisdom: "Every time somebody makes something for nothing, somebody else makes nothing for something." In Bloomburg's and the other billionares cases this "somebody else" is you and everyone else. If you don't understand this you are truly blind and will never understand why wealth is concentrating in fewer and fewer hands and you are being robbed in ways you neither understand nor can do anything about without a fundamental paradigm shift in our laws, government, and cultural world-view.
    1
  25. 1
  26. 1
  27. 1
  28. 1
  29. 1
  30. 1
  31. 1
  32. 1
  33. 1
  34. 1
  35. 1
  36. 1
  37. 1
  38. 1
  39. 1
  40. 1
  41. 1
  42. 1
  43. 1
  44. 1
  45. 1
  46. 1
  47. 1
  48. 1
  49. 1
  50. 1