Ordinary people lost out on Trump's father's money?
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Ordinary people lost out on Trump's father's money?
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Partly, and then they lost out even more when that money was used to buy up assets on the cheap, and then even more when rich and foreign money bought the overinflated properties. You see it in the UK today. They have sold off a lot of council housing to developers who then sell the properties to rich people from overseas. It is against the interests of the common man who just wants a place to live and who now finds himself having to spend 70% of his income just to rent a box in London. Again I would argue the case for land redistribution. It gets to a stage where the problem is too big to fix in any natural kind of way.
I'm not saying there isn't huge income disparity. I'm saying its normal and natural. Not everyone has the same IQ. You can't give a landscaper $2 million of Trump's father's money. First its not his money. Second he will.squander it. If you don't think so, just look at all the free money inner city ghettos get or better yet look how SUDDEN rags to riches (lottery winners from ghettos) spend all the $ and end up homeless just as before. You can't give strawberries to donkeys. Sorry, thats just reality.
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This level of income disparity hasn't been seen in human history though and after the great depression we had supposedly learned that it only leads to devastation and suffering. Then we 'forgot' and decided to bail out the banks and let the people sink. That's not a natural or normal thing. The markets should have been controlled again, the assets brought back, and bankers dealt with. Instead they were rewarded and have become bigger and ordinary people have become poorer. These are remarkably unnatural times.
I agree that everyone is different, but I also think that everyone should start from an equal playing field. Some will fall behind and some will do well, but at least have the hospitals there, the libraries here, and give them a chance. Instead what we have is a system where bright, poor people cannot get ahead because the system is rigged from the start. It is rigged because you have systems where inheritance tax is minimal, social services are decimated, where people already own property in a system where property constantly rises, but wages do not, where the poor are indebted just to get an education. It's a terrible system and there needs to be a revolution. It is designed to be unequal. In the past we had it designed to reduce that inequality. That only really changed with the rise of neo-liberalism and the rich buying up the system for themselves. They want everything.
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Well, I say forgot with the bail out of the banks, but the torturing of the poor has been going on since Reagan and Thatcher.
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