what's the issue with helping the rich-- which is all relative( hahaha) by the way---- what difference would it make?
PE; and he was a majority first-round investor in a number of start-ups which are still around. He also ran a fund that traded exotics/structured products.
I think some of you in this forum really think that nobody on here has any money and that they are all talk. Yeah some people are, but there are a few people on this board worth upwards of 10 million just that i know of (and not because they told me, but i've seen some of the newspaper articles on them). I dont know if that guy has a brother worth 50 million, but i wouldnt take the chance to make a statement like that.
People with serious money won't talk about specifics, and are reluctant to talk even in generalities, because it raises all sorts of concerns.
I like Swift's Modest Proposal better. Those with means should buy up from the poor and eat all orphans and crack babies and such as a first line of defense. It would be sorta like a pre-Soylent Green era, except they would be smaller and more tender.
While we're at it, would you mind handing me a few hundred large, then just forgiving the debt? It's nice and simple, no inflation.
If it's a good idea, why stop at $1 million, and why restrict it to people who've borrowed mortgages? Why not just give every citizen $1 billion dollars cash?