Trying to out-socialist Democratic frontrunner Elizabeth Warren, Bernie Sanders has a fresh new idea: Ending billionaires.
What he's proposing is the expropriation of wealth, the destruction of savings, the very seed corn of accumulated and new wealth.
' Ironically, it's the 'people' he' harvesting it from, claiming billionaires to be somehow different, but he'll fix this, each according to his ability, each according to his needs, right Berns?
It's pure baloney - on two ends: One, the very rich have some amazing ways of hiding their wealth from expropriators and the billionaire class leads the pack on that front - they aren't going to sit there and let Bernie strip them.
Two, every socialist hellhole on earth has plenty of billionaires - on the state level.
What's destroyed from such a Bernie scheme to end billionaires as we know them is the private money that finances new ventures and innovations, the very investment capital that is behind the rising standard of living of the U.S. Like new stuff? Get used to worn out old stuff, including duct-tape holding together your quaint 'classic' car because everything new is going to be gone.
His plot to outlaw billionaires is nothing but government thievery under tyranny of the majority terms.
https://www.americanthinker.com/blog/2019/09/bernie_proposes_ending_billionaires_billionaires_should_not_exist.html
What he's proposing is the expropriation of wealth, the destruction of savings, the very seed corn of accumulated and new wealth.
' Ironically, it's the 'people' he' harvesting it from, claiming billionaires to be somehow different, but he'll fix this, each according to his ability, each according to his needs, right Berns?
It's pure baloney - on two ends: One, the very rich have some amazing ways of hiding their wealth from expropriators and the billionaire class leads the pack on that front - they aren't going to sit there and let Bernie strip them.
Two, every socialist hellhole on earth has plenty of billionaires - on the state level.
What's destroyed from such a Bernie scheme to end billionaires as we know them is the private money that finances new ventures and innovations, the very investment capital that is behind the rising standard of living of the U.S. Like new stuff? Get used to worn out old stuff, including duct-tape holding together your quaint 'classic' car because everything new is going to be gone.
His plot to outlaw billionaires is nothing but government thievery under tyranny of the majority terms.
https://www.americanthinker.com/blog/2019/09/bernie_proposes_ending_billionaires_billionaires_should_not_exist.html
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