Quote:
Originally Posted by CoachKandSportsguy
um, not into finance at all eh? not into historical fact checking as well, eh?
I have locations which I can pull sample after sample of his crap, and if you want to read the legal briefs after the currently in progress trial, you will see he is full of truth twisting lies. . .
but continue to believe, its your perogative
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I can understand what is being posted about Elon Musk, but, I am more concerned about a larger MACRO aspect of this situation. Musk is just one of many that have graduated from making money to accumulating enough power to partially satisfy their appetite for POWER. This was not as big of a problem in the 1950s because of the higher levels of tax for wealthy individuals. Also, corporations were NOT considered a "person" then. And it was more difficult to transmit wealth from one generation to the following generation. Basically, the tax code was changed by wealthy Washington insiders (from 1950 to today) for the benefit of themselves and other wealthy individuals (the rich get richer).
Yes, there have been many Scientific and medical inventions since the 1950s that we enjoy today. And the "quality of life" for the TOTAL society has improved, but I would contend that the "quality of Life" for the US AVERAGE person has slipped backward moving to today. One does NOT have to believe me - because there are lists comparing nations at various years as to qualities like "quality of life". And if you check - the US was in the top 10 in 1950 and is now somewhere below 25th on these various qualities.
Elon Musk may be a problem, but he is just the tip of an iceberg of US problems!