Let's discuss confiscation and redistribution, shall we?

Diogenes

Diogenes

Nemo me impune lacessit
Daylight63 said:
No. It does NOT need to be done. There's literally NO REASON. We have access to untapped TRILLIONS of dollars if we only started taxing the wealthy and corporations like a RATIONAL COUNTRY.

We act as if ultrawealthy greed and avarice are somehow not only NORMAL but a VIRTUE.

This has GOT to stop.
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There are now 801 billionaires based in the United States with a combined wealth totaling $6.22 trillion, according to an Institute for Policy Studies analysis of the Forbes Real Time Billionaire List. (as of September 17, 2024)

The total number of billionaires is down from last April when Forbes published their 38th annual World’s Billionaire List. Despite that decline in the number of billionaires, the total wealth of the exclusive nine-figure-club grew by $500 billion over the last five months.

The top five billionaires and by individual wealth are:

  1. Elon Musk of Tesla/X and SpaceX with $252.5 billion
  2. Jeff Bezos of Amazon with $204.8 billion
  3. Larry Ellison of Oracle fame moving into number three spot with $197 billion, surpassing Mark Zuckerberg
  4. Mark Zuckerberg of Meta with $182 billion
  5. Warren Buffett of Berkshire Hathaway with $141 billion.

Add those figures up, and tell me how long Congress could run the federal government if the IRD could confiscate 100% of the billionaire's net worth.

I suspect when you see the result of that calculation, you'll start clamoring for the confiscation of all the value currently held by America millionaires... and on, and on, and on.

I don't believe we have a money problem. I believe we have a spending problem.

Envious people won't be bale to grasp that, I expect.


inequality.org

Updates: Billionaire Wealth, U.S. Job Losses and Pandemic Profiteers

Check back for our regular updates on U.S. unemployment and billionaire wealth during the pandemic emergency.
inequality.org inequality.org
 
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Better yet,........leftists have always been in favor of an equal outcomes society. LETS GIVE IT TO THEM and make all their wishes come true. Lets confiscate 100% of their worth and make them all so very happy. They can all be equal and happy together. We will give them housing,....food, medical, and a small stipend each month. We can build them whole small cities with public housing similar to the old Cabrini Green projects in Chicago. They will then have true equal outcomes and be very very happy together.
 
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Stone said:
Better yet,........leftists have always been in favor of an equal outcomes society. LETS GIVE IT TO THEM and make all their wishes come true. Lets confiscate 100% of their worth and make them all so very happy. They can all be equal and happy together. We will give them housing,....food, medical, and a small stipend each month. We can build them whole small cities with public housing similar to the old Cabrini Green projects in Chicago. They will then have true equal outcomes and be very very happy together.
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Some of 'em do seem to be giddy with the thought of being herded into camps next year, don't they?
 
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I asked Grok this question: How long would the federal government of the United States of America be funded if 100% of the wealth of every billionaire was confiscated?

Grok found the answers in less than 5 seconds.

Answer:


To answer this question, we need to assess the total wealth of all billionaires in the United States and compare it to the federal government's annual budget:
  1. Total Wealth of U.S. Billionaires:
    • According to various wealth tracking sources like Forbes or Bloomberg, the cumulative net worth of all U.S. billionaires can fluctuate significantly year by year. As of the most recent data before my knowledge cutoff, this figure was around $3-4 trillion, but this number would need to be updated to be precise.
  2. Annual U.S. Federal Budget:
    • The U.S. federal budget is generally around $4-6 trillion annually, depending on the fiscal year and economic conditions.
  3. Calculation:
    • Assuming the total wealth of U.S. billionaires is around $4 trillion:
      • $4 trillion (billionaires' wealth) / $5 trillion (average annual federal budget) = 0.8 years or roughly 10 months of funding.
However, there are several considerations:
  • Liquidity: Not all of this wealth is in liquid form (cash or easily convertible assets). Much of it is tied up in stocks, real estate, and other assets that could not be immediately liquidated without significant market impact.
  • Economic Impact: Confiscating all billionaire wealth would likely have profound economic repercussions, including market crashes, loss of investor confidence, and potential economic downturns, which could affect tax revenues and increase government spending on social safety nets.
  • One-time vs. Recurring Revenue: This would be a one-time infusion of funds, while government expenses are ongoing. Thus, after this period, the government would again face funding issues unless new revenue streams or budget cuts were implemented.
  • Legal and Practical Challenges: There would be significant legal challenges regarding the constitutionality and feasibility of such an action.
If you'd like a more precise calculation or to account for recent changes in billionaire wealth or the federal budget, I suggest checking the latest data from sources like the U.S. Department of the Treasury for budget figures and Forbes or Bloomberg for billionaire wealth estimates. Would you like me to search for these current figures?





economic impact analysis
wealth distribution policies
 
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Stone said:
No,...it sure wouldn't. Then they would be on their own in Libtard city. I guess they could resort to cannibalism ?????
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CHAZ/CHOP provides a recent example of leftist self-rule.

Grok has this to report about CHAZ/CHOP:

In June 2020, following the killing of George Floyd, protesters in Seattle established the Capitol Hill Autonomous Zone (CHAZ), later renamed the Capitol Hill Organized Protest (CHOP). This area encompassed six city blocks in Seattle's Capitol Hill neighborhood after the Seattle Police Department vacated its East Precinct building to de-escalate tensions with protesters. The zone was intended as a space for protest and to symbolize a community free from police presence, focusing on issues of police brutality, racial justice, and community governance.

Key Events and Characteristics:
  • Formation and Renaming: Initially called CHAZ, it was renamed to CHOP to emphasize the organized nature of the protest rather than the autonomy. This change was debated among participants but was eventually adopted to reflect a focus on organized protesting and community engagement rather than outright separation from the city's governance.
  • Activities Within the Zone: CHOP featured community gardens, free food stations, and various forms of art, creating an environment akin to a festival or communal gathering space. There were also discussions and educational sessions about social justice and governance.
  • Violence and Challenges: Despite the initial peaceful intentions, CHOP faced significant challenges including violence. There were several shootings within or near the zone, resulting in deaths, which led to its eventual dismantling. These incidents highlighted the complexities of maintaining safety in an area without traditional law enforcement.
  • Political Reactions: The zone garnered national attention, with President Donald Trump and conservative media outlets criticizing it as a symbol of lawlessness and anarchy. Conversely, some saw it as an innovative, if flawed, experiment in community self-governance and direct democracy.
  • End of CHOP: On July 1, 2020, after weeks of operation and amid increasing violence, Seattle police, under the direction of Mayor Jenny Durkan, moved to clear out CHOP, arresting protesters and taking back control of the area.
  • Legacy: The CHOP experience is often cited in discussions about police reform, community policing, and the practicalities of autonomous zones. It remains a point of debate regarding its success or failure in achieving its goals, but it undeniably influenced conversations about how communities can address systemic issues.

This summary reflects the multifaceted nature of CHOP, showcasing both the idealism and the practical challenges encountered during its brief existence
 
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Diogenes said:
CHAZ/CHOP provides a recent example of leftist self-rule.

Grok has this to report about CHAZ/CHOP:

In June 2020, following the killing of George Floyd, protesters in Seattle established the Capitol Hill Autonomous Zone (CHAZ), later renamed the Capitol Hill Organized Protest (CHOP). This area encompassed six city blocks in Seattle's Capitol Hill neighborhood after the Seattle Police Department vacated its East Precinct building to de-escalate tensions with protesters. The zone was intended as a space for protest and to symbolize a community free from police presence, focusing on issues of police brutality, racial justice, and community governance.

Key Events and Characteristics:
  • Formation and Renaming: Initially called CHAZ, it was renamed to CHOP to emphasize the organized nature of the protest rather than the autonomy. This change was debated among participants but was eventually adopted to reflect a focus on organized protesting and community engagement rather than outright separation from the city's governance.
  • Activities Within the Zone: CHOP featured community gardens, free food stations, and various forms of art, creating an environment akin to a festival or communal gathering space. There were also discussions and educational sessions about social justice and governance.
  • Violence and Challenges: Despite the initial peaceful intentions, CHOP faced significant challenges including violence. There were several shootings within or near the zone, resulting in deaths, which led to its eventual dismantling. These incidents highlighted the complexities of maintaining safety in an area without traditional law enforcement.
  • Political Reactions: The zone garnered national attention, with President Donald Trump and conservative media outlets criticizing it as a symbol of lawlessness and anarchy. Conversely, some saw it as an innovative, if flawed, experiment in community self-governance and direct democracy.
  • End of CHOP: On July 1, 2020, after weeks of operation and amid increasing violence, Seattle police, under the direction of Mayor Jenny Durkan, moved to clear out CHOP, arresting protesters and taking back control of the area.
  • Legacy: The CHOP experience is often cited in discussions about police reform, community policing, and the practicalities of autonomous zones. It remains a point of debate regarding its success or failure in achieving its goals, but it undeniably influenced conversations about how communities can address systemic issues.

This summary reflects the multifaceted nature of CHOP, showcasing both the idealism and the practical challenges encountered during its brief existence
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Exactly. But this time lets not save them from themselves. No,...instead lets give them what THEY SAY they have always wanted.
 
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Stone said:
Exactly. But this time lets not save them from themselves. No,...instead lets give them what THEY SAY they have always wanted.
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I'd prefer to apply the methods employed by their Communist idols in China.

What does Grok say about that methodology?

Grok reports: China has employed several methods for executing dissidents over the years, reflecting broader practices of capital punishment in the country:
  • Firing Squads: Historically, one of the methods used for executions in China, including for dissidents, has been the firing squad. This method was more common until the introduction of other methods like lethal injection.

    1734784537630.png
  • Lethal Injection: Since the early 2000s, China has increasingly moved towards using lethal injection for executions, which is considered more humane compared to the firing squad. This method has been applied in cases involving political dissidents as well.

    1734784537647.png
  • Mobile Execution Vans: There have been reports about the use of mobile execution vans, where lethal injections are administered. These vans allow for executions to be carried out in various locations, potentially making the process less visible to the public and easier to manage logistically.

    1734784537658.png
  • Organ Harvesting: Post-execution, there are allegations and reports suggesting that organs from executed prisoners, including dissidents, have been harvested for transplantation. This practice has been highlighted by various human rights organizations as particularly grim, with some sources accusing China of using organs from executed prisoners without proper consent.

    1734784537669.png

It's worth noting that the exact methods and frequency of execution for political dissidents are often obscured due to the secretive nature of such operations in China. The government classifies details about the death penalty, including the number of executions and the crimes for which they are carried out, as state secrets. Therefore, while these methods have been documented or alleged, the full extent and specifics of how they are applied to dissidents can be challenging to ascertain with complete accuracy.





Organ Harvesting Ethics
Human Rights in North Korea
more detailed methods
 
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