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The Billionaire Class Is TERRIFIED. (Original Post) liberalnarb Dec 2015 OP
I hope so! wendylaroux Dec 2015 #1
Old money survived the Depression and 16 years of Roosevelt/Truman Warpy Dec 2015 #2
Are you implying fdr was a bad president? liberalnarb Dec 2015 #3
He sure wasn't loved in eastern Europe tavernier Dec 2015 #8
Only if you had piss pots of money Warpy Dec 2015 #10
Obviously you are on the wrong forum INdemo Dec 2015 #19
This message was self-deleted by its author Warpy Dec 2015 #23
I'm very sorry INdemo Dec 2015 #25
No problem Warpy Dec 2015 #27
The top 1% of 1% zentrum Dec 2015 #11
+1 harun Dec 2015 #13
Old money was different than this new money crowd. The old money built hospitals, libraries, LiberalArkie Dec 2015 #22
All those old money families were started by men every bit as rapacious as Shkreli and Blankfein Warpy Dec 2015 #24
Here is an old money story and Stanford LiberalArkie Dec 2015 #35
When We Stand Together - No Citizen Need Settle For The Lesser Of Two Corporate Evils - Go Bernie Go cantbeserious Dec 2015 #4
As it should be. Phlem Dec 2015 #5
You said it! Populist_Prole Dec 2015 #12
K&R nt Live and Learn Dec 2015 #6
They should be! The 99% is voting in_cog_ni_to Dec 2015 #7
+100 840high Dec 2015 #9
K & R ! TIME TO PANIC Dec 2015 #14
You can bet your damn skippy they are. NorthCarolina Dec 2015 #15
And we've only just begun. The Movement is world wide. Over through the Oligarchy. nm rhett o rick Dec 2015 #16
i really don't think the billionnaires are terrified. They may be pissed or upset MariaThinks Dec 2015 #17
I agree. Its a long ways from that LiberalLovinLug Dec 2015 #20
Im 100% with Bernie Locrian Dec 2015 #18
I don't think we're at "we've got them terrified" yet... TygrBright Dec 2015 #21
I would say they are at the "we will fuck you every way we can" stage though rurallib Dec 2015 #26
They won't... DUbeornot2be Dec 2015 #28
Yup. That's why they keep trying to use the corporate media to sink Bernie's campaign. LS_Editor Dec 2015 #29
K&R! Keep it going! Enthusiast Dec 2015 #30
Good Jack Rabbit Dec 2015 #31
I can understand why the billionaire class would be terrified! jamesatemple Dec 2015 #32
Not yet, they aren't but, I think I did see one of them raise an eyebrow. Hiraeth Dec 2015 #33
Good SandersFTW Dec 2015 #34

Warpy

(111,359 posts)
2. Old money survived the Depression and 16 years of Roosevelt/Truman
Mon Dec 21, 2015, 11:17 PM
Dec 2015

so they're not a bit worried. In fact, they might just be willing to allow Sanders to get in so they can winnow out some of that upstart new money sooner rather than later.

Warpy

(111,359 posts)
10. Only if you had piss pots of money
Tue Dec 22, 2015, 01:11 AM
Dec 2015

and were taxed on 90% of it past a certain amount. Those people hated him.

Response to INdemo (Reply #19)

zentrum

(9,865 posts)
11. The top 1% of 1%
Tue Dec 22, 2015, 01:26 AM
Dec 2015

…..isn't worried, it's true. But even so, they hated FDR and they hate Bernie.

I loved that moment in the debate when HRC was asked if Wall Street loved her and she said "everyone loves me"—or something like that, and Bernie immediately said "Wall Street doesn't love me". It was an FDR moment.

If you stand for all things to all people, you stand for nothing.

harun

(11,348 posts)
13. +1
Tue Dec 22, 2015, 12:29 PM
Dec 2015

There are winners and losers to every decision/law government makes.

Hillary's everyone isn't the everyone.

LiberalArkie

(15,730 posts)
22. Old money was different than this new money crowd. The old money built hospitals, libraries,
Tue Dec 22, 2015, 04:51 PM
Dec 2015

factories, universities, museums etc. New money sends it off shore. Old money knew that if the people were starving then they would not get their share. New money thinks they can just live on a yacht for the rest of their life, or hire a security firm to clear out a country somewhere so they can set up a plantation.

Old money was different. How many things are named Rockefeller or Vanderbilt or Getty or Carnegie. How about all the fantastic public treasures named after Jobs, or Walton, or Gates or Zuckerberg or Bezos.

Big difference in the Old money and the New money.

Warpy

(111,359 posts)
24. All those old money families were started by men every bit as rapacious as Shkreli and Blankfein
Tue Dec 22, 2015, 05:14 PM
Dec 2015

It was the best of their heirs who managed to persuade them to endow universities, libraries, museums, and the like as the only way of achieving real immortality, something that appealed to those massive egos.

Most new money goes broke trying to buy its way into the old money club by being more and more ostentatious, never realizing that old money lives with threadbare hand me downs that have turned into antiques over the generations and tends to keep low profiles. Other new money keeps looking for the next big score and goes broke that way. The bottom line is that new money most often dies broke.

You're right that the current crop is buying up bolt holes all over the world, overpriced real estate "investments" that are being held empty until they are needed or can be sold to other new money for an obscene profit. What none of them seems to realize is that the next crash is not only inevitable, it will be planet wide and people will be gunning for those responsible.

LiberalArkie

(15,730 posts)
35. Here is an old money story and Stanford
Wed Dec 23, 2015, 09:06 AM
Dec 2015

Leland Stanford, who grew up and studied law in New York, moved West after the gold rush and, like many of his wealthy contemporaries, made his fortune in the railroads. He was a leader of the Republican Party, governor of California and later a U.S. senator. He and Jane had one son, who died of typhoid fever in 1884 when the family was traveling in Italy. Leland Jr. was just 15. Within weeks of his death, the Stanfords decided that, because they no longer could do anything for their own child, "the children of California shall be our children." They quickly set about to find a lasting way to memorialize their beloved son.

The Stanfords considered several possibilities – a university, a technical school, a museum. While on the East Coast, they visited Harvard, MIT, Cornell and Johns Hopkins to seek advice on starting a new university in California. (See note regarding accounts of the Stanfords visit with Harvard President Charles W. Eliot.) Ultimately, they decided to establish two institutions in Leland Junior's name - the University and a museum. From the outset they made some untraditional choices: the university would be coeducational, in a time when most were all-male; non-denominational, when most were associated with a religious organization; and avowedly practical, producing "cultured and useful citizens."

On October 1, 1891, Stanford University opened its doors after six years of planning and building. The prediction of a New York newspaper that Stanford professors would "lecture in marble halls to empty benches" was quickly disproved. The first student body consisted of 555 men and women, and the original faculty of 15 was expanded to 49 for the second year. The university’s first president was David Starr Jordan, a graduate of Cornell, who left his post as president of Indiana University to join the adventure out West.


https://www.stanford.edu/about/history/

Phlem

(6,323 posts)
5. As it should be.
Tue Dec 22, 2015, 12:18 AM
Dec 2015

But I could care less about their "feelings". They need their share of the shit we have all been dealing with for decades.

Fuck em, and I say that because they wouldn't hesitate to turn around and do it to us.

Populist_Prole

(5,364 posts)
12. You said it!
Tue Dec 22, 2015, 01:39 AM
Dec 2015

It's flabbergasting to see that over the past decades the narrative how at "normal" it is that the plutocrats run the show, and that the best we should hope for is a few BS crumbs...and any pushback against said status quo is "class warfare".

Well the hell with that BS. They've been winning a none-too-subtlly declared war on us. Time to push back. They had a good run. The worst that it will ever be to them is that all their gains will be slightly less solidified. Boo frickety hoo.

MariaThinks

(2,495 posts)
17. i really don't think the billionnaires are terrified. They may be pissed or upset
Tue Dec 22, 2015, 03:51 PM
Dec 2015

that the middle class may get more, but not terrified.

LiberalLovinLug

(14,176 posts)
20. I agree. Its a long ways from that
Tue Dec 22, 2015, 04:13 PM
Dec 2015

But they have grown used to the last 40 years of consistently bigger profits, less taxes to pay, more loopholes, higher subsidies, lower regulations etc... and have developed an unhealthy disease of mutated entitlement. That even the smallest increase to their taxes, or the smallest regulation to curb global warming, anything that slows down the rapidly growing gap between the richest and the poorest is lashed out against. And with greater and greater control over Fox and the rest of the MSM, they can shape the narrative and steer it from their own hubris of entitlement to some imaginary branding of FDR safety nets as some kind of "entitlement".

Locrian

(4,522 posts)
18. Im 100% with Bernie
Tue Dec 22, 2015, 03:54 PM
Dec 2015

But the billionaire class will pull out ALL STOPS if (when) he becomes the candidate.

We're talking crash the economy type stuff - old testament stuff of biblical proportions: Fire and brimstone coming down from the skies! Rivers and seas boiling! Forty years of darkness! Earthquakes, volcanoes... The dead rising from the grave! Human sacrifice, dogs and cats living together... mass hysteria!

TygrBright

(20,771 posts)
21. I don't think we're at "we've got them terrified" yet...
Tue Dec 22, 2015, 04:28 PM
Dec 2015

...but you can see it from here.



anticipatorially,
Bright

rurallib

(62,453 posts)
26. I would say they are at the "we will fuck you every way we can" stage though
Tue Dec 22, 2015, 05:40 PM
Dec 2015

With all their money and lackeys I am sure they can squash someone such as Sanders like a bug.

LS_Editor

(893 posts)
29. Yup. That's why they keep trying to use the corporate media to sink Bernie's campaign.
Tue Dec 22, 2015, 07:23 PM
Dec 2015

Here's one take on the corporate media and its bias.

Corporate Media Working on Plan for When Sanders Starts Winning

WASHINGTON (The Nil Admirari) - Today, the largest corporate media outlets in the United States announced they were "working very, very hard" on a plan to continue trying to make U.S. Senator Bernie Sanders of Vermont look unelectable in 2016 even when he started to win states and delegates in the Democratic Party presidential primaries. The corporate propaganda syndicate conceded its efforts to ignore and portray Bernie Sanders as unelectable had, thus far, failed to convince many Americans of the inevitability of Hillary Clinton - the pro-war, pro-fear, and status quo candidate considered the darling of Wall Street - being the Democratic presidential nominee.

+

Titan continued, "Our propaganda syndicate is working very hard on a strategy that continues to make Bernie Sanders look as if he is outside of mainstream American politics, even though his positions are held by a majority of Americans. What a majority of Americans think clearly doesn't matter to us, as we have been focusing on people like Trump and Cruz, who are both way too disliked and extreme to be elected president."

Jack Rabbit

(45,984 posts)
31. Good
Tue Dec 22, 2015, 08:21 PM
Dec 2015

Let's get 'em
[center]

[/center][font size="1"]From Wikipedia Commons (http://en.wikipedia.org/wiki/File:Eugène_Delacroix_-_La_liberté_guidant_le_peuple.jpg)
(Public Domain)
[/font]

jamesatemple

(342 posts)
32. I can understand why the billionaire class would be terrified!
Tue Dec 22, 2015, 08:26 PM
Dec 2015

Just suggest to a billionaire that an elderly Jewish man has designs on removing up to 45% of his annual profits from him and give it to kids for an education; to old folks to cover health expenses; to working folks for decent paying jobs; for moving the Country away from fossil fuel dependency; and for many other social programs that benefit most Americans. The very thought of having to get by with the paltry millions or, perhaps, billions of dollars left in their coffers after taxes would be enough to terrify your ordinary, run-of-the-mill billionaire.

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