So I read that to be considered rich you have to have net assets of $2.3 million.
I believe that anyone with less than $2.3 million net assets should be allowed to purchase U.S. Savings Bonds with 12% Interest Rate.
Might label them Treasury Bill For Individuals. TBFI's.
It is rediculous that you don't earn a fraction of a percent on your money and yet when you have to borrow you pay 15% on your Credit card.
That is a squeeze to the middle class and a barrier to upward mobility.
I am not for socialism. But there should not be a business structure and structure in this country where you work 40 hours a week and you don't earn a living wage.
The interest rate an individual earns needs to be removed from the Financial Industry.
Then business won't be financed? I saw a restaurant built and torn down in what seems less than a year. And businesses go up that I don't want near my community. So indeed the profit also needs to be taken out of what is termed the sin industry.
I am getting pretty good and pecking and poking these writings out on my phone.
© 2020 Thomas Murphy
And there is a nepotism factor that needs to go. There is also a bypass of education to sports riches that needs to be capped!
So I read someone say you end up paying more with an Insurance Product to substitute for your Medicare? And why does Medicare come out of your Social Security? Because the rich don't want to bare any of the health care costs of those who worked for them and made them wealthy?
Honest to God. Someone is working for you and they are injured and disabled BECAUSE OF YOU and it doesn't weight on your human conscience? That form of soullessness has Zero place in our Democracy. I would love to see someone put evil mindless wealthy in their place for the future of humanity!
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