InvestorsHub Logo
Followers 162
Posts 18882
Boards Moderated 0
Alias Born 01/02/2003

Re: None

Monday, 04/24/2017 6:18:39 PM

Monday, April 24, 2017 6:18:39 PM

Post# of 473405
The libtards have no potential candidate for 2020. Elizabeth Warren and Bernie Sanders are both a joke. Sanders would be 79 yrs old and he is an idiot.

Socialist with three houses wonders how many cars the wealthy need, or something

Friends, countrymen, non-billionaires, lend me your ears; I come not to praise Bernie Sanders, but not exactly to bury him, either. Last night, the man who lost to Hillary Clinton in the 2016 Democratic primary offered this class-warfare musing on the consumption needs of the very wealthy:

Consider this tweet from the Bernie:

Bernie Sanders ? @BernieSanders
How many yachts do billionaires need? How many cars do they need? Give us a break. You can't have it all.
7:02 PM - 20 Apr 2017
5,252 5,252 Retweets 21,579 21,579 likes

Needless to say, the irony erupting from this tweet could power twenty Priuses for at least 200 miles. Sanders, rather oddly for a class-warrior socialist (or not, actually), owns three houses at the current time, a fact that came up often in the replies to this tweet. Sanders bought the third house — for $575,000 — last August, not long after losing the nomination, and the house came with 500 feet of beach on Lake Champlain. After getting a deluge of criticism for the luxury, the Sanders’ explained that they had sold a family house in Maine to buy the Lake Champlain vacation house, which means they had three houses before that, too.

So how many houses do the wealthy need, anyway? They can only live in one at a time, right? You can’t have it all.

Actually, no one should begrudge Bernie his three houses and options for summer living, which would be easier if Bernie wasn’t selling grudges as part of his professional life. It’s his money; he should be able to use it for his consumption based on his desires. If Bernie desires to collect houses, or cars, or yachts, that’s his choice. It’s just too bad that Bernie doesn’t apply that same principle to everyone else.

It’s easy to point out hypocrisy, though; it’s tougher to deal with reality. Bernie’s complaint isn’t really the consumption, which he uses to build cheap resentment against billionaires, but the manner in which we allow concentration of wealth to occur. Billionaires get made mostly by acquisitions and consolidations these days, not through direct enterprise. Cyberbillionaires like Facebook’s Mark Zuckerberg are the exception, not the rule.

http://hotair.com/archives/2017/04/21/socialist-three-houses-wonders-many-cars-wealthy-need-something/?utm_source=hadaily&utm_medium=email&utm_campaign=nl

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.