February 20, 2018
SP500 investors should not be propped up by taxpayers to enrich the rich who raid treasuries to manipulate their stock then leave taxpayers and workers holding the bag. Elon Musk is the richest man in the world he makes zero profit before subsidy that isn't fair to everyone else who isn't debasing the system. Who's gonna pay to fix the roads Tesla drives on. He settled with the sec before is he selling nasa secrets. He could end up in jail. I'll add much of technology touted today like social media is garbage doesn't make a difference to the world if anything has made things worse and people angrier.
In March 2020 some ETFs were worth zero. That is not a conspiracy theory the financial system seized up till taxpayers rescued it again and now taxpayers like gic investors on this board are left holding the bag again.
With all the corporate welfare being thrown around I do not accept anymore that their money is more essential and should therefore get preferential tax treatment. They are getting a free ride on your dime.
Microsoft Apple Google and Facebook Amazon are arms of the government therefore taxpayers deserve a stake at the very least all their profits should be taxed no matter where in the world.
Savers first common shareholders last YOLO