Comments by "" (@jmitterii2) on "" video.

  1. They hedge; pay off both potential side. That way they win whoever wins. Hence why our economic situation is absurd, and in gross in favor of the wealthiest while harming essentially everyone not wealthy which is most of every country. Median household income is $59,039, and $31,099 median individual income. Or individually $1.24 million 40 year lifetime earnings or family (two incomes) $2.3 million 40 year life time earnings to put an evaluation on "wealthy" or "high income". If you're worth a life time of income or make that amount in just a fraction of the year, you're wealthy or high income. Very few; those making $500K or more year in any form of income in the US are only 0.7% of the population. (2016 numbers) Households with $1 million or more in net assets excluding their first/primary resident 11.5 million households (2017) or 9.9% of the US households. So even saving over a lifetime just under 10% of households achieve even $1 million net assets. We're talking about a small subset of the population. So the mega rich tend to influence the entire political system by hedging donations, very cheap to do in our two party system. Only two companies to buy influence. More expensive/difficult to do in other nations with parliamentary government with several parties. And thus you have starkly insane wealthy bias laws in the US compared to just about all other economically wealthy nations. Seriously, if child labor, social security, medicare for the elderly and disabled, compulsory education, fire departments, city/municipal/federal roads, airports, seaports, etc. were not already in effect; they would stand no chance of existing at all in our current return to robber baron oligarchy; the same complaints through mid 1800's and early 1900's were made about the same basic standards all nations are evaluated to determine their developmental status. We're an antiquated nation that is grossly under developed and where technology advancements are making such economic systems contradictions untenable. Much like Feudal Russia in the early 1900's. Or Feudal France in the late 1700's.
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