Comments by "coolmodelguy" (@coolmodelguy6304) on "DiEM25" channel.

Don't forget about a wealth cap for individuals and businesses, otherwise even these reforms will be eroded and eliminated.
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@Alex McAuliff - If the oligarch's put themselves, their AI's and their automation inside a walled compound and excluded everyone else, they could have 100% automation and exclude those outside the walls. However, if the oligarch's needed raw material from outside the walls, the only way they could procure those materials is to go outside the walls and get the materials. This is a demonstration of how oligarch's need the rest of us in order to be oligarch's. Outside the walls, they would be vulnerable to attack, even if they had armed escorts they could still be attacked. This would be a horrible future. The only way that ordinary folk can have a decent future at this point, is if we made sure that oligarch's cannot exist. Our future depends on making law that forbids the accumulation of wealth beyond a set limit, in other words, a wealth cap.
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Agreed. No one mentions that the morbidly wealthy drain both the economy and government treasuries through their wealth ownership.
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@Quartermoon193 - If you have never read the "Powell Memo" written by Supreme Court Justice Lewis Powell in 1971, you should give it a read. Business interests have been out to take over the country since FDR's day and now they have done it. Furthermore, there is a math issue. There is at least $97 trillion in financial assets, most of which are owned by the 1%. Just using a simple interest rate of 5%, the interest alone is 22% of our GDP. They have rigged everything to drain both the average citizens wealth and the national treasury. The only thing left for us is accept being serf's or to eliminate wealthy people.
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@Quartermoon193 Indeed. These human parasites have the willingness and the capability to drain the host. I cannot for the life of me understand how so many otherwise intelligent people can be so gung-ho to risk us all for capital gains.
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@beesplaining1882 - I hope you understand that from the point of view of corporations and the obscenely wealthy, any tax that gets passes on them is a declaration of war against the rest of us.
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@beesplaining1882 - Indeed. It is a system of sociopath's, run for and by sociopath's. It is our job now to isolate and contain them so that harm to society will be minimized, we have let them run amok for long enough.
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Exactly. We must install a wealth cap for individuals and businesses, otherwise even these reforms will be eroded and eliminated.
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After we install a wealth cap for individuals and businesses, otherwise even these reforms will be eroded and eliminated.
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@Alex McAuliff - Yet even in the Star Trek scenario, corruption still exists. In Star Trek Into Darkness, Admiral Marcus used Starfleet resources to secretly build a massive warship. If Admiral Marcus would have succeeded in his ambitions, it would have eventually resulted in a Star Wars scenario for earth society. We will always have to be on guard, and we must deal with our present issues succinctly in order to avoid Star Wars or worse . . . Mad Max.
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Unless we can successfully install a wealth cap for individuals and businesses, otherwise all reforms will be eroded and eliminated.
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pammens miss - Don't forget, unless we install a wealth cap for individuals and businesses, all reforms will be eroded and eliminated.
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The only way a UBI can be sustained over the long term is when the accumulation of wealth by individuals and business is limited by a hard cap. This much, no more. Otherwise, the UBI will go the way of all reforms, it will be killed off by the wealthy.
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@beesplaining1882 - That is true, especially when the electorate has been spoon fed propaganda for generations. Look, for me it is a simple math problem which exposes a con. You cannot have immense wealth whose "earned" interest rate is growing faster than the economy, without also draining the citizen population and the government. This was true of the Roman Empire and it is true of the American Empire. Our people need to learn that financial capitalism is a long running con job, simple to understand. The problem as I understand it is this, our people are too freaking lazy to do simple math. Households and non-profit organizations hold $97 trillion in financial assets which "earn" at least 5% annually. Those holdings dwarf our economy which is $21.5 trillion growing at 2.56% annually over 30 years. The "interest" from those financial assets is more than 22% of the entire GDP. The trend is wealth grows faster than the economy, which cannot be sustained and in fact is the single leading cause of our national distress over the past 50 years. People need to get off their asses and think hard about this, or simply watch Netflix as our country go the way of the Roman Empire.
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Don't forget about a wealth cap for individuals and businesses, otherwise even these reforms will be eroded and eliminated.
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Don't forget about a wealth cap for individuals and businesses, otherwise even these reforms will be eroded and eliminated.
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@ernststravoblofeld - Once we figure out how to grow our own food and supply our own power, that is exactly what we are going to do . . . . wander off the corporate grid. However, my goal is to eliminate oligarch's by making them ordinary like the rest of us by capping wealth. That way no one can buy votes or influence the votes of others, which means we get a real democracy.
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@ernststravoblofeld - It does matter if you cannot survive without the corporations.
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@ernststravoblofeld - Agreed. Yet because of oil, which lead to the industrial revolution, there are now so many people, most of whom depend on corporate supply chains in order to eat, work and travel. To break that dependence requires self reliance and that is in short supply.
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Don't forget about a wealth cap for individuals and businesses, otherwise even these reforms will be eroded and eliminated.
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