Quote from jficquette:
1% of the world are not millionaries. If USA has 8m then at most there are 15 mil world wide.
The real money will come expensive real estates, stock markets, gold, Forex ($1100 Trillion per year), derivatives ($700 Trillion), cash balance. I do not see any other source of real money.Quote from Millionaire:
You cant raise 75 trillion quickly without crashing the world real estate prices and stock prices.
Quote from ElectricSavant:
I cannot disagree more....with the premise of this thread...and I am not rich and would beneifit the most of the implementation of this idea of the opening post of this thread...
Sometimes you just got to believe in something and I beleive in Capitalism. I believe in the hope to realize the fruits of my labor and less government and to achieve financial independence. Supression should be banned for Social Engineering, it is just not human. Please do not tag me with some sort of political bias...I am not believing in any one political party as I have no faith in mankind.
As Americans we used to have a calling and believe in something...the reasons for our downfall are that the parents of our children did not instill American beliefs into them...
We have certain religions attacking us as infidels when there is only one God...
ElectricWeNeedChangeAndItsNotObamaSavant
The $7 Trillion treasure which USA has is mine. I had given this treasure to USA for safe-keeping. Now I have donated it USA. Remember I am 1000 years old.Quote from Visaria:
How much do you have bearice? I think this giving money away idea should start with you, the proposer. Pls liquidate your entire estate and send the proceeds to me.![]()
70 million by 1 million equalsQuote from bearice:
There are some 70 million millionaires and some 2000 billionaires in this world. If 70 million millionaires donate $1 million each, that would be $70 Trillion donation for USA. Bill gates should donate $30 Billion to USA, Carlos slim should donate $30 Billion, Warren buffett $25 Billion, Ambani and Tata should donate 75% money and so on......
If USA goes down, millionaires and billionaires also go down with USA. We're talking about a total collapse of the economic system worldwide. So it is better that millionaires and billionaires donate 10% or 25% of their money to USA. Make your own decision.
If a rich person helps you when you are poor and you go on to become rich. Later on the rich person is having financial problems. Will you not help the person with 10% of your money who helped you in difficult times?
Majority of inventions, technology and machines are from rich countries. Today the world is developed because of rich countries. Today the modern world has money because of rich countries. But today rich countries are poor.
Barack obama collected multi-trillion dollars from USA Tax-payers and donated it to giant companies.
Bearice is trying to collect multi-trillion dollars from world people and donate it to USA.
Quote from latinotrader:
70 million by 1 million equals
70 BILLION not 70 trillion
hope you don't apply your poor math to trading
Quote from antitrust:
Social Engineering isn't exclusive to "government", an Oligarchy or plutocracy will do the engineering to the extent that government doesn't. The government is the only entity that has a chance to bring social engineering power to the people (democracy).America used to have a law that a corporation had to prove it benefited society otherwise it wouldn't be granted a charter.The founding fathers knew (from history) that democracy will not stand under concentrated wealth. They knew that these vast fortunes only come about through manipulating the legal and political ( financial is included in this) system. In fact today, players in big corporations scream free markets in public lights, while trying to lobby government for a monopoly or a subsidy. It would be fair to say that Americans have lost control over the social engineering function to a small group of self interests. Which leads to feudalism and is quite the opposite of financial Independence you seek