• despoticruin@anarchist.nexus
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    4 days ago

    I have an idea.

    Straight up capture all but 100 million of every single fortune over 1 billion dollars and tell the people who hoarded that money they can be happy with the hundred million or they can see us happy when the steel drops.

    Take that money and split it between a fund that handles healthcare and housing for every person in the US, citizen or no.

    That would fix a lot of things on its own and should leave a few bucks left over.

    • HorseChandelier@lemmy.world
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      4 days ago

      But its not ‘real’ cash, its what the owner of it could/can raise against the collateral in today’s market.

      So you can’t just go and grab it.

      In fact, if you started grabbing the mythical wealth it would be worth less… It may even become worth nothing (or at least less than it cost to seize)… “Oh noes, the feds are taking Elon’s stock… Quick sell it all 11!!1” price crashes, Fed end up owning paper not cash.

      • phutatorius@lemmy.zip
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        4 days ago

        Since the intent is to break the disproportionate power of billionaires, the subsequent change in value of the seized assets is irrelevant.

    • kibblebits@quokk.au
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      3 days ago

      I think just culling the top 10,000 earners is a very achievable goal, and it would have a massive positive impact.

        • kibblebits@quokk.au
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          3 days ago

          I’ve been telling the plans for years and no one does them so why would bother now. The sooner the USA drops to third world status the better.

                • kibblebits@quokk.au
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                  3 days ago

                  Good, frankly. It’s better for everyone outside the US if the US citizens keep at this speed.

                  • lIlIlIlIlIlIl@lemmy.world
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                    3 days ago

                    …still no details.

                    Gave you three turns, so you can’t say I didn’t try to get the plan from you. Yet here we are still at 100% - every single armchair general thinks they can whip the masses with their silver tongues, if only they could hear their calls…

                    It’s always just wet farts though, isn’t it?