Is the American Tax System Fair or Equitable?
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The "American Dream" Is But a Memory...
BONUS: Ben Norton's video highlighting the myth of American wealth:
Where's All The Water For California?
As people ask why fire hydrants are dry , keep in mind that one couple controls a bulk of the water in the state:
Some Are Struggling To Understand How a Young Man From a Rich & Privileged Family Might Want To Harm The CEO Of A Health Care Company.
CNN introduces us to this "mystery:" Months before police identified Luigi Mangione as the man they suspect gunned down a top health insurance CEO and then seemingly vanished from Midtown Manhattan, another disappearing act worried his friends and family. The 26-year-old scion of a wealthy Baltimore family who was a high school valedictorian and an Ivy League graduate , Mangione had maintained an active social media presence for years, posting smiling photos from his travels, sharing his weightlifting routine and discussing health challenges he faced. He publicly kept track of nearly 300 books he had read or wanted to read, even posting a favorable review of the Unabomber manifesto on a book website. But then, during the summer, Mangione appeared to stop posting online, prompting worried messages from some of his friends. “Nobody has heard from you in months, and apparently your family is looking for you,” one user posted on X in October, tagging an account belonging to Mangi...
Millionaire Who Pretended to Be Homeless Quits After Being Smacked By Reality.
We can now, finally , l ay the myths of "anyone can make it" and "pull yourself up by your own bootstraps" to rest : A millionaire who deliberately made himself broke and homeless in a bizarre social experiment designed to rack up YouTube hits has suddenly quit his challenge after concerns over his health. Mike Black had planned to essentially start over from nothing, while proving to himself that he would be able to make $1 million in the space of just 12 months. Black had been an entrepreneur his entire life, but in July 2020 decided to walk away from everything giving up his car, house and all of his money. 'I knew a lot of people who lost everything during the pandemic and they got really depressed. I even had a friend that lost a $10 million business overnight', Black explained in a YouTube video. Black wanted to help his friends rebuild their lives and prove that luck or money was not necessary to become a millionaire - just hard work. But Black en...
A Generational Wealth Transfer Is Coming, But It's Not Going to Help The Poor & Working Class.
From CNN : Many millennials are currently grasping in frustration at long-held American Dreams like homeownership, a steady job and an affordable cost of living. However, over the next twenty years, Millennials are poised to inherit some $90 trillion of assets and become the richest generation in history – but only the ones who already come from affluent families, potentially deepening wealth inequality further . Between now and 2044 in the US, the Silent Generation and Baby Boomers are expected to hand over the reins of their significant wealth to Millennials, according to The Wealth Report, a periodic report from global property consultant Knight Frank. But whether you’re a Millennial on the receiving end of that wealth transfer is largely a lottery of birth. Ultimately, this wealth shift is a result of inheritance from prior generations, largely involving property but also other assets . It will bring “seismic” changes to how wealth is put to use, said Liam Bailey, global head of re...
Reminder That the Wealthy are Petty.
As in, "send the cops into another state because I feel slighted" petty.
