To my followers who defend billionaires: You know they don't give a shit about YOU, right?
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Replying to @AliceFromQueens @karlbykarlsmith
How does Ken Griffin care about me, Karl?
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Replying to @karlbykarlsmith
no. is there a law against the government funding Parkinson's research?
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Replying to @AliceFromQueens
No but the larger point is thay Ken Griffin doesn't really "have" this money. He is worth this much. The things he owns are actually had by other people. What he has is what buys, which is far less. If you take the billions you are taking capital that other people are using.
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Replying to @karlbykarlsmith
State-owned capital can't be used by other people?
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Replying to @AliceFromQueens @karlbykarlsmith
Lots of it gets used in defense spending, building prisons, administering poorly run and capricious social welfare programs, immigrant detention centers...
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Replying to @J_RtheWriter @karlbykarlsmith
true. if austerity historically focused on reducing those expenditures I might look more kindly on it!
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Likewise, if the government had a better track record on spending, I’d be less opposed to confiscatory tax rates
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Replying to @J_RtheWriter @karlbykarlsmith
by "confiscatory" do you mean anything more than "boy that seems like a lot to ME"
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