Posted on 10/24/2025 1:01:45 PM PDT by grundle
Bernie Sanders said:
“Billionaires should not exist.”
Source:
https://x.com/BernieSanders/status/1176481898685710337
Zohran Mamdani said:
“I don’t think that we should have billionaires.”
Source:
https://www.youtube.com/watch?v=VowT8L8Uu6k
I have four questions for Sanders, Mamdani, and anyone else who believes that billionaires should not exist.
But first, I’d like to present some background information before I ask those four questions.
Aluminum used to be so expensive that it was considered a precious metal. When they built the Washington Monument, they put a 20 pound piece of aluminum at the top. At the time, it was the biggest piece of refined aluminum in the world.
Since then, some greedy capitalists figured out how to make aluminum so cheap that today, people throw aluminum foil into the garbage.
Those greedy capitalists became billionaires because of what they did.
And we are all better off as a result.
Source: https://en.wikipedia.org/wiki/Hall%E2%80%93H%C3%A9roult_process
The same thing is true for the people who created LEGO, Harry Potter, and so many other things. Those people became billionaires. And they did so by making other people better off.
Wikipedia has a list of billionaires per country. I clicked twice on the part where it says “rate,” so it would show the number of billionaires per capita in each country. Here is a screenshot of this that shows which countries have the highest number of billionaires per capita. This is only part of the list. The total number of countries that have billionaires is a lot longer, and you can read the complete list at the link.
The thing that I find most interesting about that screenshot is that it shows that Sweden actually has more billionaires, per capita, than the United States.
If you go to the link and read the entire list, you will see that there are certain countries that are not on the list, because they don’t allow people to become billionaires. North Korea and Cuba are two of these countries.
Regarding the countries that don’t allow people to become billionaires, immigration patterns prove that no one wants to live in those countries. All of the immigration regarding those countries is out of those countries. No one moves into those countries.
Now that I have presented this background information, here are my four questions for Bernie Sanders, Zohran Mamdani, and anyone else who believes that billionaires should not exist:
1) Would you rather be a middle class person today, or the richest person in the world 200 years ago?
2) Based on that wikipedia list, would you rather live in a real world country that has lots of billionaires, or in a real world country where it’s impossible for people to become billionaires?
3) Why do you think it’s a bad thing that the creator of Harry Potter became a billionaire?
4) What do you think of the fact that Sweden has more billionaires, per capita, than the U.S.?
It wouldn't have taken very many more years of Bidenflation for Musk to have become the first trillionaire. Unless you're talking about a Zimbabwe trillionaire.
capitalism is the marxist pejorative for
free enterprise
free enterprise is what happens when there is a free society
THEY KEEP THEIR CASH WORKING-— NOT “ON HAND”
PRETTY SURE IT IS MORE THAN THAT
There are a few who have billions cash on hand. But not people per se. Businesses. Of course they are already very successful enterprises that throw off lots of free cash flow and profits year after year. Apple, Berkshire (which is a collection of companies actually) and if called upon they could pull $20 billion from their bank account.
Most of the trillions on earth are not very liquid at all. Buildings, stocks, bonds - the latter two are somewhat more liquid bonds in particular but not when everyone is rushing for cash at the same time.
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