Comments by "coolmodelguy" (@coolmodelguy6304) on "Fox News"
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I can't figure out my fellow Americans, are you too scared, or do you just not care? In 30 years, 10% of Americans will OWN ALL WEALTH.
Today Donald Hump proposed rounding up homeless in California and putting them into internment camps costing over $700/day/per individual . . . paid for by the Federal Government. Fox News has been drumming up support for this policy idea all week.
For the cost of this "internment" plan, all homeless could easily be housed without losing their freedom.
More people are on their way to homelessness and it will include people that used to think it would never happen to them.
The 1% in this country have $30 trillion in accumulated wealth they are not spending, at a mere 2% interest it would take all the GDP gains for
2018 plus an additional $40 billion to pay. Yet when I look at S&P500 index funds, they have been paying over 9% since 1994. Look at a more moderate 5% rate of return, that comes out to $1.5 trillion which eats all 2018's GDP gain plus 1/20th of the entire economy.
Thom reported on the U.S. Treasury report in August 2019 which spelled out in detail that in 33 years, the top 10% will own ALL wealth in the
USA. The bottom 90% are all going to end up in internment camps.
So what is wrong with all of YOU, that whenever I bring this topic up of the wealthy eating our economy whole . . . I hear nothing but silence? Are you all too scared to react, to horrified to take serious action, or even to think about what must be done? Is fighting a racist agenda more important to you? These wealthy people don't care at all if you are white, black, brown, yellow or purple. They are distracting us on purpose with everything under the sun, do you simply not care that soon you and your children, your entire families will be homeless or worse . . . in internment camps?
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Darlene Royce - Let us talk about real issues. The wall is a diversion so that "Mr President" does not have to deal with stagnant wages, the lack of any type of job security with benefits like pensions, the fact that housing and energy and health insurance and college tuition and transportation costs have all risen over 200% since "trickle down Ronnie" . . . . or that China has single handedly saved the entire global economy from crashing after the 2008 so-called recession, which was caused by the USA BTW.
The wall is a con job, to distract you from criminal donny's incompetence. Have you even looked at that the Senate republicans have been up to over the past two years? They are not passing any legislation that is helping the American people . . . so what exactly have they been doing?
Oh-yeah . . . they have been confirming unqualified pro-corporate, anti-citizen federal judges at a rate so fast that in two years more federal judges have been seated than in all eight years of the previous administration. Why would they do that? Well now, that brings us to the longest running con pulled on the American people. Republicans pretending to be upright citizens of the USA and standing for the Constitution. The reality is this, republicans want the Constitution gone, burned to ash.
Don the Con will topple the federal government if he can, that is his goal. He does not believe in democracy or the Constitution. Mitch is in on this also, those federal judges are in place to undermine the Constitution, not to shore it up. Get a grip.
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RC Hobbyist Extreme - Shut your pie hole, you are staining a great hobby . . . one that honors the old USA when it had a conscience. California pays for red state degradation along with New York, if we stopped paying for the rest of the country we would have plenty to fund our own problems. The federal government depends on California to bail it out. YOu really have to cut your own strings . . . PUPPET, the wealthy oligarch propaganda has you be the balls.
The "running their cities into the ground" phenomenon is bigger than Democratic mayors, and Trump is just the latest symptom of our degradation. The real problem goes much deeper and started well over a century ago. Capitalism is unstable, could not survive the gold standard, could not survive the post World War 2 "Bretton Woods Agreement" . . . and finally cannot survive the free floating "fiat currency" era since 1971. The media and the Fed concentrate on core inflation, yet have not accounted for the effects of stagnant wages, currency devaluation and asset inflation. The homeless are growing, because wages are far outstripped by the tripling (or more) of housing costs as the wealthy must have a way to grow their pie and increasing costs is their vehicle of choice. In 30 years the top 10% will own all wealth, what will people do then for shelter?
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