Why are these greedy multi-billionaire 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?
- kathy_is_a_nurseLv 77 years agoFavorite Answer
Obviously Mopar missed your point... Dems are quick to attack the rich but some of the country's richest are Dems.
- DavidLv 77 years ago
I may not be as wealthy as your examples but I have a whack of money, much of it earned through thirty years of medical practice but most through inheritance as part of a family wealthy for generations. I, too, am a Democrat.
We play by the rules, what rues have survived deregulation. Are you suggesting that while following the laws of the land we are not entitled to point out how unfair those rules are simply because we are winning? Do you think that only those who are losing don't think that the playing field should be level? What kind of satisfaction is there in winning when the game is fixed?
Further, we understand that the United States was built by generations, and has been maintained through the sweat and sacrifice of every citizen. It is therefore appropriate that every citizen enjoy the fruits of this labour and that we all pay our fair share for the cost of upkeep.
My parents and grandparents fought two World Wars and lived through the Hoover Depression, but they came out of it united and willing to pay the taxes it took to build the great power grid and the interstate highway system that made today's America possible. The infrastructure was not built by the private sector, but by the tax dollars we all paid, yet today the Republicans would have you believe otherwise.
We became great through collective action. We have lost our greatness because a group of extremely wealthy greedheads have bought up the once great Republican party and are using it in an attempt to avoid returning a share of the wealth that the nation's collective effort helped them earn.
Because some of us are not contemptible and selfish, should we be castigated or defamed? Which is worse, to be an honest person of wealth or a gullible working person?
- bebeLv 43 years ago
anytime a wealthy individual's economic position does some thing except strengthen, the media rfile that they are having issues, inventory-values drop like a rock and infrequently it extremely is the perfect of their empire. So, at the same time as-ever there's a inventory-marketplace, the wealthy are forced to strengthen their wealth; with the aid of any means possible. the actual shown reality that you're associating this question with democrats really shows that the right-wing media are doing their pastime: they are distorting your recognize-how, as they do with all people that believe their professional-properly-wing reporting. there'll be many better grasping and heartless Republican billionaires, besides the undeniable fact that the right-wing media really ever means that the Left do some thing incorrect.
- 7 years ago
They spend it on assets that earn money for them, they don't hold money with our current inflation rate. You lose ground if you do.
Net worth of $45 billion doesn't mean Buffet has $45 billion in a savings account, it is in real estate, stocks and bonds and likely hundreds of other different types of assets.
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- 7 years ago
Because that's economy, they're extremes of both ends of the spectrum when it comes to wealth, but living in a democracy it's their money, they're choice what to do with it, and how do you know these people aren't sharing their wealth? They probably are involved with charities. It's their money, they're not necessarily greedy either because they've worked hard to make a lot of money or have inherited it from family, it's not their fault they're loved ones died and left them money, they're not evil.
@RUKkiddingtoo- they're not all liberal and they're not all politicians. Educate yourself a bit please, they're are a lot more wealthy conservatives than liberals. Michael Rubens Bloomberg is a republican, and the only politician on that list.....
- Anonymous7 years ago
You spread all that job creating wealth into the hands of our elected officials in Washington and in no time at all there would no money, the money would have been wasted on God knows what and there would be few people working.
- FrankLv 77 years ago
They have - they've given billions of dollars to charity. Though it's cool how you skipped the right wing billionaires. Is it because the democrat billionaires are really secret communists?
- RUKiddingtooLv 77 years ago
No, no! They're liberal Democrats! They can't be greedy! Somebody has to be left to give millions to Obama and his minions.
Before Bloomberg is labeled an Independent, I'd like to point out that Independents are just liberal Democrats who are at least embarrassed to admit it.
- Arthur WLv 77 years ago
They made their money and if you were one of them would you want to part with your money for nothing or so some President could waste it on God knows what?
- MikeLv 77 years ago
You mean money they've earned from working hard and investing ?
Because it's their money to do that with.
If they wanted to start a large fire and burn it all. It would be their prerogative.