"What I'm seeing is a president who is more interested in the valuation of his memecoin than he is about people's 401ks.

[applegrove]

Dr. Jack Brown:

"What I'm seeing is a president who is more interested in the valuation of his memecoin than he is about people's 401ks. What I'm seeing is a president who, along with Howard Lutnick – he is self-dealing on crypto ... instead of worrying about the strength of the US dollar."

Rep. Jake Auchincloss

[Irish_Dem]

1. Trump is only interested in how much of people's 401Ks he can steal.

[applegrove]

2. The stock market is often overvalued these day. Bonds are passe.

Why there have been so many stock buy backs in the last decade. Hedge funds and private equity have cannibalize the rental and real estate market to make 8% profits for their rich investors, profits they cannot make in bonds or the stock market. Unfortunately the housing market no longer is about regular profit. Rents have gone up so much, due to private equity and hedge funds, people who are young can no longer afford a down payment on a house. So they keep renting. And private equity and hedge funds have renovated rental units so they can charge more. So the rent prices go up. So the person at the bottom is homeless. It is all messed up. That is how they extract money from the poor and middle class like a bunch of pyrannas in a frenzy. That is what it means to have a billionaire expansion. They ruin markets with their productivity and efficiencies and excess money. If the rich get tax cuts renewed or income tax is done away with their will be even more oligarch money chasing so few opportunities they will destroy more than the housing market. And the political system. They will invade more than Panama. The billionaires have already created a tsunami of destruction everywhere. It will just get worse.

[Irish_Dem]

3. The billionaires are destroying the system that made them so rich.

They will destroy the planet and all the humans on that planet.

[applegrove]

4. Yes. But they think letting the poorest people on the planet die will

reduce the greenhouses gasses (at least I think that is what they tell themselves). Poor people are not the ones causing greenhouse gasses to rise. Whatever they believe about ending USAID and survivability of the planet, they sure don't run it past experts because the experts are all being fired. You would think the churches with missions to Africa would pipe up but I have not heard a peep out of evangelical churches.

[Irish_Dem]

5. I think the rich have other reasons for wanting poor people to die.

The rich are smart enough to know that poor people are not responsible for causing greenhouse gases.
Besides the rich don't care about pollution.
They get rich from destroying the planet and the people on it.

I think the rich have a disdain for the poor. They see them as weak, stupid, worthless eaters.
Just like the rich see old, sick, infirm Americans as useless eaters.

The billionaires and dictators think all the world's resources belong to them.
They see themselves as special, important, entitled. And they deeply resent others getting
one penny of what they think belongs to them.

So they are gutting the US safety net, SS, Medicare, Medicaid, etc.
Medical research, preventive medical care.
All global aid to the sick and poor is gone too.

They are serious about wanting the poor, old, sick, infirm just die off.
They only want healthy worker bees left who can help make them rich
or wait on them hand and foot.