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angrychair

(11,083 posts)
8. Cool... billionaire stuff
Sat Jul 5, 2025, 04:08 AM
Jul 5
“I’d rather hear from candidates about how they are going to make everyone have the stuff billionaires have instead of how they are going to eliminate billionaires,”


This is the most bullshit statement I've heard all day.
If everyone were a billionaire then an apple would cost $50 million dollars. It also means some serious hyperinflation.

Billionaires are a cancer on society. Each individual billionaire could crash the stock market with a single irrational trade or irresponsible comment. Billionaires are an incredibly destabilizing force on our economy and on society.
Not only should none of the current billionaires exist, it should be illegal to be a billionaire.

I think people defend them, even here, because it's hard to imagine what a single billion dollars looks like, much less hundreds of billions of dollars.

Its a hard thing to wrap your mind around. Let's try a comparative analog. Let's say that 1 dollar is equal to one second.

How long is a million seconds? 12 days.
How long is a billion seconds? 31 years.
How long is a trillion seconds? 31, 688 years.

See? Its a lot to wrap your mind around. I believe the time analogy really can cause sudden and violent nausea at the sudden realization about how "gross accumulation of wealth" is a wholly inadequate way to describe it.

Recommendations

3 members have recommended this reply (displayed in chronological order):

He should try being "really homeless" for a while DBoon Jul 4 #1
Yeah, we have particularly clueless billionaires... ananda Jul 4 #3
Did we not already learn this lesson? Hey Joe Jul 6 #29
He should just stfu. SheltieLover Jul 4 #2
Some senior Dem (or two) should get in touch with Sam. speak easy Jul 4 #4
Hey Sam UpInArms Jul 4 #5
These guys don't ever share the "compounding magic of capitalism". patphil Jul 5 #6
Awhhh..let's make this poor fool feel really homeless...I'll start ...feel free to move out of the US! PortTack Jul 5 #7
Cool... billionaire stuff angrychair Jul 5 #8
Sounds awfully defensive to me PatSeg Jul 5 #9
Not taxing billionaires is what is starving innovation. SunSeeker Jul 5 #10
Blaming Democrats for valuing compassion above greed. Totally clueless rich boy crying about how mean Democrats are. Martin68 Jul 5 #11
Billionaires should exist -- but when you reach $1 B, a public party to celebrate, but no more wealth accumulation lostnfound Jul 5 #12
My husband says that during the Biden administration Congress ended the r&d tax exemption in 2022, which LauraInLA Jul 5 #13
Not true. Those layoffs were a result of what Trump did in 2017. Info below. Make sure your husband sees it. highplainsdem Jul 5 #14
Thank you for this -- my husband says that this was what he was talking about, as Congress in 2022 was supposed to LauraInLA Jul 5 #20
And he blames the Democrats for a problem Trump created? highplainsdem Jul 5 #22
I think he blames both Trump/Republicans for starting it and Dems for not cancelling it. This came up because we were LauraInLA Jul 6 #24
the "tech bro billionaires" are not monolithic lapfog_1 Jul 6 #28
So Kamala and the Democrats proposed things like a $50,000 tax exemption for new small businesses LiberalLovinLug Jul 5 #15
The guy is an idiot. His AI might turn out the same. mdbl Jul 5 #16
He's a liar like the rest of the billionaires Quanto Magnus Jul 5 #17
Such "wisdom" at the age of 20. Trust_Reality Jul 5 #18
There is no "magic" of capitalism. Capitalism is a horror show of greed and grift. Clouds Passing Jul 5 #19
He should be literally homeless. ForgoTheConsequence Jul 5 #21
Gross. What a life philosophy. travelingthrulife Jul 6 #23
Altman is a shithead and a proven liar. LudwigPastorius Jul 6 #25
He is one of the most brazen liars and conmen in Silicon Valley/on Wall Street RockRaven Jul 6 #26
Delusional Tech-Bro is welcome to bite my bag just any old time . . . hatrack Jul 6 #27
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