Jump to content



Photo

Socialism or Violent Revolution - Pick One


  • Please log in to reply
No replies to this topic

#1 stocks

stocks

    Member

  • Traders-Talk User
  • 4,222 posts

Posted 19 February 2019 - 08:51 AM

Why should a rich man pay to make the poor comfortable?  https://www.zerohedg...-visible-street

 

Because, if you don’t… eventually they will eat you. Simple as – it’s the cost of membership.   

 

My recent trip to the USA was an eye-opener - poverty has never been so visible on the street, and it feels the income-inequality debate is bursting out. No wonder populists are calling for the rich to be taxed till the eye’s pop.   

 

The Amazon-NYC affair was an eye-opener and a game-changer.  Populism won, establishment lost.

 

Jeff Bezos and Amazon look out arrogant and out of touch –  let’s give a company that doesn’t pay any taxes a couple of billion to come to the last affordable bit of NYC and price all of AOC’s constituents out of their homes… what’s not to like?”

 

New York’s political leaders look stupid, confused, disjointed and lost. The young congresswoman AOC (Alexandria Ocasio-Cortez) might be smiling like a winner today, but strikes me as a child who expects congratulated for throwing her new toys out the pram. How will she explain chasing away 25k well-paid jobs as the core of her presidential strategy and her New Green Deal?


Edited by stocks, 19 February 2019 - 09:00 AM.

-- -

Defenders of the status quo are always stronger than reformers seeking change, 
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.