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Posts
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3 yr. ago

  • Yes, billionaire's money is largely tied up. They could structure how their earnings are managed, though. Musk sees much faster growth than would be expected from a conservative growth portfolio. If he were invested for conservative growth though, at an average interest rate of 5-6% and he gave away only his interest he could give every person experiencing homelessness in the US $50k/year forever.

    He could easily structure things in such a way to make that happen.

  • So, get this. The 20 wealthiest people in the US hold a collective $3T according to Forbes. In 2025, just under 800,000 Americans experienced homelessness during the year. That means that the 20 wealthiest people in the country could give $3.75M to every homeless person in the country. By giving away only 10% of their wealth, they could give every person who experienced homelessness $375k.

    Now, I don't necessarily think that giving large amounts of money directly to people who are experiencing homelessness but $375k per person would do a LOT of good if put into a trust whose entire job is to fund programs to help the less fortunate.

    Also, there are a lot of problems in this country that could benefit from funding. I'm just giving numbers as food for thought. These billionaires are hoarding wealth to such an obscene degree that they could essentially end homelessness in the US with 10% of their wealth.

    Hell, if he could liquidate all of his assets (not possible, I know) Elon Musk could essentially solve the homelessness problem single-handedly.

  • Everything that comes out of his mouth is beneath the office.

    When he says something awful like this, though, I figure there is probably another story that he's trying to bury with manufactured outrage. I suspect Fox is on board and is with amplifying the non-news item to bury the real news item.

  • I wouldn't normally say this but it seems warranted in a thread about "Factism". Trump did not win over 50% of the popular vote. He won with 49.8% in 2024 and 46.1% in 2016.

  • Before I say this, ICE is awful and driving without a license shouldn't be a deportable offense. Also, military service should give automatic citizenship.

    I feel like this article is leaving something out. How did ICE get involved in this? I mean, I wouldn't be surprised if they got involved simply because they saw a record of a non-citizen getting arrested but I'm wondering if he didn't renew his green card or something.

    I'm not arguing that this guy deserves to be deported (I think he should be a citizen) but I do wish we got the whole story on things.

  • I'm talking about... Shit... I read two thirds of your comment and my ADHD brain skipped the middle part. THAT'S WHAT I'M TALKING ABOUT!

    Shit... Sorry, without the middle context your comment made it sound like you wanted democrats to cover up inclusion of democrats in the files.

  • Edit: Apparently it helps to read the full comment and not let your ADHD brain skip the middle part thst gives all of the relevant context. Shit...

    How about we throw all of these fucks in prison regardless of political party? Why are you trying to muddy this with politics? I wouldn't care if it was Trump or if it was Bert and Ernie, anyone involved should be prosecuted.

    Oh no! Bill Gates, another asshole billionaire is in the files? Throw him in the same dark hole as the rest of them.

    Bill Clinton? Yeah, throw him in, too.

    Hillary was aware and said nothing? Prison.

    Barack Obama had evidence of ongoing abuse and did nothing? Believe it or not, prison.

    Bernie Sanders was on the island? Yeah, prison for him, too.

    Fuck all of them and fuck politicizing this issue. Anyone involved should be prosecuted.

    So far it does seem to be mostly republicans but I don't expect it will remain that way. If it does, I'll be skeptical that we're getting the whole truth.

  • Ask Lemmy @lemmy.world

    What would you have done? White guy observing anti-black racism.

    birding @lemmy.world

    Bald Eagle at my local City Park

    Macro Photography @lemmy.world

    Multiple closeups of a daisy

    Liftoff! @lemmy.world

    Make it more obvious which user you are currently

    What's this Bug? @lemmy.ml

    Who is this beautiful, damaged specimen (Colorado, USA)?

    No Stupid Questions @lemmy.world

    How do some podcasts have location-based ads when my podcast player doesn't have location permissions?

    birding @lemmy.world

    Some better shots of American White Pelicans from the nearby lake (June 2023, Colorado)

    birding @lemmy.world

    Barn Swallow (Colorado, June 2023)

    birding @lemmy.world

    Great Blue Heron

    birding @lemmy.world

    American White Pelican