The Deplorable Blue Collars, truckers, farmers, smelly Walmarters & bitter clingers

[Flash]

Ah, but you believe Clinton's response to this would have been the same as Trump's?

I have no clue. We both know government responses all over the globe are inadequate because the problem is beyond our ability or knowledge to fix. I only know Hillary is the typical politician (same as Republicans) who will lie and cover her butt. For you to think she is any different is destroyed by your partisanship. She has a long history of such behavior.

[Flash]

GOP-controlled Congress and the Federal Reserve are the institutions that saved the wealthy, and the devices are the low- or no-interest loans they and their pet corporations have access to that no one else does. Then, they have a half-a-trillion dollar slush fund for those same people and corporations with no Inspector General or oversight.

You're fooling yourself if you think the wealthy ever take a hit the way 16 million people have in the last three weeks, thanks to you spending the last three years normalizing this shit with your BoThSiDeRiSm.

That money does not cover stock market losses. Your strong dislike and prejudice against wealthy affects your understanding that the wealthiest took the biggest losses in both 2008 and 2020. They may still have plenty left, but they still suffered the biggest losses. The recovery from the recession was slowed because the top 20% account for 60% of consumer spending and this took a long time to get back to normal levels.

[Flash]

Let's take a look at these people your article is talking about because the thing missing from this link are what their actual wealth is.

Bernard Arnault: Link says he "lost" $30B...but his net worth was $88B...so even with the temporary market losses, he still has $58B that he's doing nothing with.

Jeff Bezos: Link says he "lost" $18B...but his net worth was $128B...so even with the temporary market losses, he still has $110B that he's doing nothing with.

Mark Zuckerberg: Link says he "lost" $4.1B...but his net worth was $69B...so even with the temporary market losses, he still has $65B that he's doing nothing with.

Elon Musk: Link says he "lost" $4B...but his net worth was $37B...so even with the temporary market losses, he still has $33B that he's doing nothing with.

Amancio Ortega: Link says he "lost" $2.9B...but his net worth was $67B...so even with the temporary market losses, he still has $64B that he's doing nothing with.

Bill Gates: Firstly, he's been out of work for about a decade. Link says he "lost" $3.8B...but his net worth was $108B...so even with the temporary market losses, he still has $104B that he's doing nothing with.

The poor babies. Thank God they have Flash there to defend them. I'm sure they appreciate it.

As usual, completely distorting anything I say. I did not defend anybody. I made the simple statement that the wealthiest lost the most in the stock market crash. The issue was not how much they still have but how much they lost.

Your post supported my statement--thanks.

[BattleofHodow]

That money does not cover stock market losses. Your strong dislike and prejudice against wealthy affects your understanding that the wealthiest took the biggest losses in both 2008 and 2020. They may still have plenty left, but they still suffered the biggest losses. The recovery from the recession was slowed because the top 20% account for 60% of consumer spending and this took a long time to get back to normal levels.

There's a big difference between a rich person losing their 10th home.
&
Middle class losing their only home & going to a food pantry.

[Micawber]

There's a big difference between a rich person losing their 10th home.
&
Middle class losing their only home & going to a food pantry.

Why? They both lost one home! -channeling

[BattleofHodow]

Why? They both lost one home! -channeling

Because one is homeless & the other is still comfortable.

[Flash]

Eh, not always true.
There are wealthy who don't work, and just rely on stocks to generate wealth.

Also what a CEO does is mostly negative, looking to gouge the system at our expense to maximize profits & stocks.
A great cause for outsourcing, automation, H2B Visas & Illegals hired.

Also the working poor can exist,

And yes there are many with disabilities who can't work, including Veterans.

And those with disabilities aren't required to work for the SNAP and Medicaid. They are also entitled to Social Security disability payments and veterans also receive and medical help.

The working poor do exist and also qualify for SNAP, Medicaid, Earned Income Tax Credit, housing, WIC, Pell Grants, etc. Those already working are waived from the work requirements for SNAP and Medicaid.

The wealthy who don't work don't get SNAP and Medicaid so they aren't required to work.

[BattleofHodow]

And those with disabilities aren't required to work for the SNAP and Medicaid. They are also entitled to Social Security disability payments and veterans also receive and medical help.

The working poor do exist and also qualify for SNAP, Medicaid, Earned Income Tax Credit, housing, WIC, Pell Grants, etc. Those already working are waived from the work requirements for SNAP and Medicaid.

The wealthy who don't work don't get SNAP and Medicaid so they aren't required to work.

Most of your paycheck taken out go to those who shouldn't have to work.

The elderly's retirement, kids schooling, the disabled & Veterans.

I guess Repubs like picking on the elderly, children, the disabled & veterans.

[Flash]

The Founding Fathers America wasn't so mega Libertarian as many believe.

https://reclaimdemocracy.org/corpora...rporations-us/

https://hbr.org/2010/04/what-the-fou...hers-real.html

https://www.pbs.org/newshour/nation/...ership-for-all

http://addictinginfo.com/2013/06/09/founding-fathers/

The system you think was so good allowed government to pick winners and losers and those corporations getting charters often had political ties to government officials. Those that had their charters pulled because they did not act in the "public interest" meant the owners supported the other political party. Regulations were often imposed to limit competition.

[Legion]

The wealthy who don't work don't get SNAP and Medicaid so they aren't required to work.

Do they?

[Flash]

Most of your paycheck taken out go to those who shouldn't have to work.

The elderly's retirement, kids schooling, the disabled & Veterans.

I guess Repubs like picking on the elderly, children, the disabled & veterans.

I'm not a Republican---simplistic assumption on your part. But I haven't seen Republicans cut any of those programs--they continue to grow regardless of the party in power.

[BattleofHodow]

The system you think was so good allowed government to pick winners and losers and those corporations getting charters often had political ties to government officials. Those that had their charters pulled because they did not act in the "public interest" meant the owners supported the other political party. Regulations were often imposed to limit competition.

Well, IDK.
Walmart, Amazon & McDonald's are doing a lot more damage than Rockerfeller did.

Teddy Roosevelt one of the good Repubs trustbusted StandardOill by Rockerfeller.

Who's going to stand up now?

[Flash]

There's a big difference between a rich person losing their 10th home.
&
Middle class losing their only home & going to a food pantry.

Of course it is, but that does not negate my statement that the wealthiest lost the most in the stock market losses in 2008 and 2020.

[LV426]

And you think there is a contradiction in the wealthy paying most of the taxes and me also paying taxes? It is still a lot of money for me since I will owe about $18,000 this year. That is a lot of food stamps.

"That's a lot of corporate welfare to preserve artificially low wages", is what you should be saying here.

[LV426]

Corporations and the wealthy are at least working for their money.

This is the funniest fucking thing you've ever written Flash, and you've written some real humdingers in your time here.