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Thu Aug 13, 2015, 07:06 PM

Why Conservative Billionaires Have Started Talking Like Bernie Sanders

Hillary Clinton and most of the other presidential candidates in both parties are not the only ones starting to sound a lot like Bernie Sanders....

...the growing fear among elites that they’ve pushed economic inequality too far. That fear is proliferating, according to a New York Times Op-Ed this weekend by former marketing conglomerate CEO Peter Georgescu. Joined by his friend Ken Langone, founder of Home Depot, Georgescu warns his fellow 1 percenters that “we are creating a caste system from which it’s almost impossible to escape.” The column raises the specter of “major social unrest” if inequality is not addressed.

Georgescu writes:

I’m scared. The billionaire hedge funder Paul Tudor Jones is scared. My friend Ken Langone, a founder of the Home Depot, is scared. So are many other chief executives. Not of Al Qaeda, or the vicious Islamic State or some other evolving radical group from the Middle East, Africa or Asia. We are afraid where income inequality will lead.

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Capitalism, unreined during the 1920s, had hit another of its cyclical failures, this time its worst yet. The powerful feared revolution, and the New Deal constituted a sort of bargain made between capitalists and the people: A bit of socialism to save capitalism from itself.
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- See more at: http://www.occupy.com/article/why-conservative-billionaires-have-started-talking-bernie-sanders#sthash.mJYxDsTT.dpuf

This is a good read imo.

7 replies, 1463 views

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Reply Why Conservative Billionaires Have Started Talking Like Bernie Sanders (Original post)
kenn3d Aug 2015 OP
DesertFlower Aug 2015 #1
azmom Aug 2015 #2
99th_Monkey Aug 2015 #3
ibegurpard Aug 2015 #4
tk2kewl Aug 2015 #5
Rosa Luxemburg Aug 2015 #6
kenn3d Aug 2015 #7

Response to kenn3d (Original post)

Thu Aug 13, 2015, 07:09 PM

1. are they worried they might have

to pay higher taxes on their millions?

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Response to kenn3d (Original post)

Thu Aug 13, 2015, 07:18 PM

2. At times I feel like they know they pushed too hard, but

Then I remember what they are doing to Greece. Their greed knows no end.

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Response to kenn3d (Original post)

Thu Aug 13, 2015, 07:54 PM

3. They should be scared

 

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Response to kenn3d (Original post)

Thu Aug 13, 2015, 07:58 PM

4. They haven't

They haven't. They want tax breaks to pay people more. Cut your obscene salaries and stop the unsustainable CANCER of ever-escalating shareholder returns.
Fuck them. These vampires need to be stopped.

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Response to kenn3d (Original post)

Thu Aug 13, 2015, 08:17 PM

5. Ken Langone found Jesus...

 

And I fart rainbows!

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Response to kenn3d (Original post)

Thu Aug 13, 2015, 10:05 PM

6. Check-mate!!!

this is the case where the pawns are coming for the king and queen!

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Response to kenn3d (Original post)

Fri Aug 14, 2015, 12:02 AM

7. Bernie Sanders Blasts Billionaire Taxcuts - Video

One of countless historical perspectives (this one from a decade ago - 2005)
Rep. Bernie Sanders (I-VT) denounces in a fiery House floor speech a Republican bill reducing the estate tax, arguing "this bill is bought and paid for by millionaires and billionaires and anyone who votes for it should be ashamed of themselves."


And he's still completely fearless after all these years. He is surely the rarest of rarities in our government... an honest man with the courage of his convictions.

The debates will sure be interesting.



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