The grand total of the combined net worth of every single one of America’s billionaires is roughly $1.3 trillion. It does indeed sound like a “ton of cash” until one considers that the 2011 deficit alone is $1.6 trillion. So, if the government were to simply confiscate the entire net worth of all of America’s billionaires, we’d still be $300 billion short of making up this year’s deficit.
That’s before we even get to dealing with the long-term debt of $14 trillion, which if you’re keeping score at home, is between 10 to 14 times the entire net worth of all of the country’s billionaires, combined. That includes the all-powerful Koch brothers ($40 billion between them), the all-powerful George Soros ($14.5 billion), all the Walton family (of the Wal-Mart fortune), Steve Jobs, Oprah (at a paltry $2.7 billion), the Google Founders, Michael Bloomberg, and the Mars family (of the candy bar empire).
Share on Facebook 1 1 SHARES Isn’t it weird how Trump saves his most outlandish (and least truthful) attacks for other Republicans, even though he’s already the presumptive Republican nominee and has no need to run against Republicans at all? It’s almost the guy grew up as a liberal Democrat and still is one at heart, or something. Anyway, the latest Republican to make him | Read More »
Share on Facebook 1 1 SHARES It was bad enough that Hillary Clinton was bypassing State Department email servers, ordering subordinates to ignore rules on handling sensitive documents, and keeping her printer accessible on the public Internet. But her configuration of her desktop computers was somehow even worse! Only Three Months Until the RedState Gathering in Denver! CLICK HERE for Info and REGISTER TODAY! Share | Read More »
Maybe now is a good time to explain to Donald Trump that all Mexicans who don’t support him, or protest against him are not always connected to La Raza. They aren’t all a part of some larger plot to destroy him, though I’m sure that’s what he believes as a professional conspiracy theorist.