Anonymous
Anonymous asked in HealthMental Health · 7 years ago

Why are these greedy multi-billionaires hoarding their money?

Warren Buffet - Democratic - Net worth $45 Billion

Larry Ellison - Democratic - Net worth $27 Billion

Christy Walton - Democratic - Net worth $24 Billion

Michael Bloomberg - Democratic - Net worth $18 Billion

Sergey Brin - Democratic - Net worth $15 Billion

Larry Page - Democratic - Net worth $15 Billion

George Soros - Democratic - Net worth $14 Billion

Steve Ballmer - Democratic - Net worth $13 Billion

Paul Allen - Democratic - Net worth $12 Billion

Jeff Bezos - Democratic - Net worth $12 Billion

Anne Cox Chambers - Democratic - New worth - $12 Billion

All together that's 207 Billion dollars. Why aren't these evil rich people helping to spread the wealth?

Source: http://newamericangazette.com/wp-content…

Update:

If only people actually read past the title.

*sigh*

Update 2:

If only people actually read past the title.

*sigh*

Update 3:

If only people actually read past the title.

*sigh*

Update 4:

If only people actually read past the title.

*sigh*

13 Answers

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  • 7 years ago
    Best Answer

    Why are you so ignorant? Do you really think they have that wealth in cash like Scrooge McDuck? No, they are worth that much in assets. Stock and bonds issued by corporations. Treasury, State and Municipal securities. Real Estate holdings. What do you think would happen if Warren Buffet decided to convert all of his wealth to cash? First result would be devaluation of his wealth dramatically. Followed by a devaluation of many other peoples assets.

    Edit: I did read past the title. And I am a staunch Conservative.

  • Trev
    Lv 7
    7 years ago

    Whenever a wealthy person's financial position does anything other than improve, the media report that they are having problems, stock-values drop like a rock and sometimes that is the end of their empire. So, while-ever there is a stock-market, the rich are forced to increase their wealth; by any means possible. The fact that you are associating this question with democrats only shows that the Right-wing media are doing their job: They are distorting your understanding, as they do with all humans that believe their pro-Right-wing reporting. There will be many more greedy and heartless Republican billionaires, but the Right-wing media only ever suggests that the Left do anything wrong.

  • 7 years ago

    What they do with their money is not our business. But, we cannot necessarily demand they create job opportunities, or expand business. So, we'll have to look elsewhere to create jobs--and for those businesses that decide to create jobs, they may be entitled to some tax cuts.

  • Anonymous
    7 years ago

    Because you people are greedy, lazy, and idiotic. If you want equality, go to a communist country. This is America. Those people worked hard to get where they are today while you are sitting on your lazy *** watching tv and eating hamburgers asking for handouts

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  • Anonymous
    7 years ago

    You got two microsofies but left out Bill Gates. Wassup with that?

    .

  • Anonymous
    7 years ago

    Because 0bama has increased regulations to the point where they will put their money at unnecessary risk if they invest it in business.

  • 7 years ago

    Why are you? how much money did you give to charity this week? my guess? - $0

  • 7 years ago

    Because they don't want to help poor people. They just don't give a damn **** about hunger belly of the poor people. They are just busy in making there own money.

    Source(s): Know about all rich people and what they think.
  • 7 years ago

    Because they all know our President is a retard and will blow it all with no benefit.

  • 7 years ago

    Why only democrats, are you a fascist!?

    C:。\\\

    - the mad Jew

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