Comments by "L.W. Paradis" (@l.w.paradis2108) on "Billionaires Are A Symbol Of A Failed Society." video.

Their main goal is not to die, like, ever.
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Billionaires have nothing to do with working the way you describe. That is not how money that sets up many generations for life is made. Think about this: a mere two billion dollars is like accumulating almost a million a year since the birth of Jesus. Or, two billion at age 50 is like $110,000 a day since birth. Do you think someone "earned" that? How?
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@HealingLifeKwikly Exactly. In its IPO, Uber openly said that its "business model" had never turned a profit, and that it could not be reasonably anticipated that it would turn a profit in the forseeable future(!) We all know it is a remarkably poorly managed company, and has been in court over flagrant abuses. It has still spawned billionaires. How does that happen? If it were up to "the market," Uber's unprofitability would be decisive. Somehow, it isn't.
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@igvc1876 Are you kidding? She's an AWESOME English teacher, and just a little bit shy. Her mom is very religious, and probably stressed humility.
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How about Musk? Tesla finally turned an annual profit for the first time, in large part because Musk is one of the most aggressive anti-union bosses, his company is a fad (check the PE ratio, now that it finally has one -- it has broken FOUR digits), and he knows how to seek out tax breaks, equally aggressively. The business pages that praise him will concede all this.
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@simoncase6312 Well, we'll see, won't we? For example, we'll see during the next boom and bust cycle. "PE isn't relevant," when it's over 1,100! And a recession is looming. Ha ha ha. I admire your humor. Your trendy, jargon-laden talking points, not so much.
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@simoncase6312 Walmart and McDonald's are the world's largest employers after the US Department of Defense and its Chinese counterpart. I guess those must be good places to work, since so many people choose to. I mean, taking a Darwinian perspective on the whole thing. Plus you can count actual heads, you needn't rely on survey data.
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@simoncase6312 We'll see. If you're right, it will be proven. We'll see how companies with PEs north of 100 do in the next crash. You mention growth, but you won't waste another line on providing a PEG ratio. Give us that. (P. S. NASDAQ lists it as above 20, but there seems to be a lack of consensus on the number, for some odd reason, hmm. At any rate, no one puts it at or below 1, where it ought to be.) I can tell you right now, the autonomous cars he aims to make are nonsense unless insurance companies (which represent concentrations of capital and can force us to make choices we would not want on our own) force it. "The market" will not choose autonomous cars on its own.
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I have a feeling (1) you are unfamiliar with how homelessness has arisen, especially in this century, and how other countries have dealt with it, more successfully than we have; and (2) you never read Picketty. In 1965, the minimum wage paid the rent in most major cities. Where does it now? Housing costs have soared due to financial speculation. What's love got to do with that? What can love do against it? Have you ever watched a documentary on the 2008 crash?
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Bezos literally can end homelessness, and instead took selfies of his "ahem" and sent them to a girlfriend, no better than a juvenile delinquent. You can't make this up.
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