Really Bernie? Rigged?
Let’s see, I start a small business, it starts to grow. I borrow money, take risk, expand and finally get to the point where I issue public stock and I give myself and my family millions of shares of stock. The company grows, the stock value grows over many years. We are rich! We are billionaires… and in the process we have created thousands of new jobs, lowered prices and stimulated the businesses of countless suppliers and made more millionaires.
It’s very easy to sit back and envy a life’s work and success and then to criticize it as unfair and unjustified. That’s what losers do. People like Sanders who constantly shoot off their mouth, complain about everything that is not equal as unfair and accomplish little themselves, creating nothing and living off the income of others.
This is not a rigged system, it’s a working system. If the bottom 38% of Americans have zero net worth it’s their own damn fault. Sure there are some who are in true poverty with nothing much but the assistance they receive, but there are many more who have no net worth because they are imprudent spenders, savers and borrowers. Nothing is rigged except their own priorities and life choices. Sanders blabber gives these folks another excuse to complain and point fingers at someone else as the cause of their state in life.
The fact the Waltons or Gates or Buffetts of the world have billions has nothing to do with the fact others have little. All this is relative as well, should we also point fingers at the couple earning $250,000 compared with the family earning $30,000? What part of the system is rigged that allowed Gates or Jobs or Walton to start their industries and change the world?
Sanders tweets are as dangerous and misleading as Trumps. Last year Sanders made over $1 million over $800,000 of it from book deals. Rigged?
According to Sanders’ July 2015 personal filing, his assets were reportedly valued between $194,026 and $741,000 in his wife Jane Sanders’ name. Credit card debt between $25,002 and $65,000 was also listed in the filing. However, properties held by the couple — a condominium in Washington, D.C., and a home in Vermont — were not a part of the personal asset disclosure forms.
The Motley Fool added the estimated values of these properties to the median of listed assets and their after-tax estimate and took out the median of the debt to reach $1.65 million in assets for the couple. On halving the figure, Sanders’ net worth stood around $800,000.