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Robert Reich | Should we abolish billionaires?

Robert Reich | Should we abolish billionaires?

(5:12) Robert Reich explains the 4 ways to make a billion dollars. Robert Reich YT channel

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Guest: (448 days ago)

Communists go home

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Communists go home

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Guest: (448 days ago)

Awhhh is there a red under your bid? How awfully scary for you

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Awhhh is there a red under your bid? How awfully scary for you

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Guest: (447 days ago)

Come on.. the communist card, really? - ok, let me ask you a question then, how many more millionaires do you think we can have in our world? Top 1 percent already have 45% of all income in US. Is it gonna be 60%? or 70%? Why not 100%! Yay! we are all gonna be millionaires, weee! It is the liberal pinnacle of the free market rule, weee!
 

Original comment

Come on.. the communist card, really? - ok, let me ask you a question then, how many more millionaires do you think we can have in our world? Top 1 percent already have 45% of all income in US. Is it gonna be 60%? or 70%? Why not 100%! Yay! we are all gonna be millionaires, weee! It is the liberal pinnacle of the free market rule, weee!
 

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Guest: (446 days ago)

There's a fifth way.

Create a web platform for user interactions. Use astroturfing to create the illusion that people are using your platform. The fake users will attract real users, but if they don't just create more fake users.

Then get a major investment firm to value your platform based on its potential for showing adverts. Don't worry, you wont actually have to sell advertising, you just need a space on the platform that looks like you do.

Now that your platform has a valuation, float it on the stock market. Obviously the investment firm will use this as an opportunity to cash out, but that doesn't matter as long as you hire expansive lawyers.

Use your shares as collateral for loans form the same investment firm. Then transfer the loans to a tiny island protected by your countries intelligence agencies and the drug cartels they are in bed with. Don't worry, your platform is on the stock market, therefore it's now a matter of national security.

At this point you might be wondering how you'll repay the loans, don't, your government will just print money to cover the losses.

Now that you're rich you'll need to pretend to be a socialist making the world a better place. But you'll need to buy up left wing media companies so that people don't figure out that you're contributing to wealth inequality. Best way of doing that is to pretend to be a feminist, feminists will believe anything if you use technological gobidigoop.

Now you might have a problem with the intelligence agencies using your platform to manipulate militias in proxy wars. Don't worry, you don't have a conscience, so just blame it on a country everyone hates.

Original comment

There's a fifth way.

Create a web platform for user interactions. Use astroturfing to create the illusion that people are using your platform. The fake users will attract real users, but if they don't just create more fake users.

Then get a major investment firm to value your platform based on its potential for showing adverts. Don't worry, you wont actually have to sell advertising, you just need a space on the platform that looks like you do.

Now that your platform has a valuation, float it on the stock market. Obviously the investment firm will use this as an opportunity to cash out, but that doesn't matter as long as you hire expansive lawyers.

Use your shares as collateral for loans form the same investment firm. Then transfer the loans to a tiny island protected by your countries intelligence agencies and the drug cartels they are in bed with. Don't worry, your platform is on the stock market, therefore it's now a matter of national security.

At this point you might be wondering how you'll repay the loans, don't, your government will just print money to cover the losses.

Now that you're rich you'll need to pretend to be a socialist making the world a better place. But you'll need to buy up left wing media companies so that people don't figure out that you're contributing to wealth inequality. Best way of doing that is to pretend to be a feminist, feminists will believe anything if you use technological gobidigoop.

Now you might have a problem with the intelligence agencies using your platform to manipulate militias in proxy wars. Don't worry, you don't have a conscience, so just blame it on a country everyone hates.

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Guest: (444 days ago)
Latest comment:

Looks like someone in another victim of the Conservative media and just got _triggered_hard_

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Latest comment:

Looks like someone in another victim of the Conservative media and just got _triggered_hard_

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