A year end feel good artickle

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pissontheroof
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A year end feel good artickle

Post by pissontheroof »

Home Depot's 93-year-old cofounder who said 'nobody works' anymore because of 'socialism' has donated $64 million to elect Trump and the Republican party over the years
[email protected] (Kelsey Vlamis,Madison Hall)



The esteemed modernators can shorten this if need be , I only copied because jb might not want to download this smart news app .
I always say anything’s “ smart “ in cambrodia is stupid ..

Bernie Marcus, the billionaire cofounder of Home Depot, said Thursday "nobody works" anymore.
Marcus said he believed if he founded Home Depot today it wouldn't be as successful.
Marcus donated millions to Trump in 2016 and 2020, and more to other Republicans over the years.
A billionaire cofounder of Home Depot who said "nobody works" has donated nearly $64 million to political causes over the years, including the campaigns of former President Donald Trump, Florida Gov. Ron DeSantis, and Sen. John McCain, according to data from the Federal Election Commission.

In an interview with the Financial Times published Thursday, 93-year-old Bernie Marcus said "nobody works, nobody gives a damn," blaming the change on "socialism."

"'Just give it to me. Send me money. I don't want to work — I'm too lazy, I'm too fat, I'm too stupid,'" he said, adding that he thinks if he founded Home Depot today it may not have been as successful.

Home Depot today is worth $321 billion and has around 2,300 stores in North America. As for the current US unemployment rate, it's at 3.7%, the lowest in decades, despite the hiring challenges some businesses are still experiencing.

Marcus, who cofounded Home Depot in 1978, has become a mega-donor to the GOP over the years, supporting Trump's presidential campaigns in both 2016 and 2020. His public support for Trump sparked calls to boycott Home Depot, prompting the company to distance from him.

In a statement provided to Insider, a spokesperson for Home Depot said: "Our co-founder Bernie Marcus left The Home Depot more than 20 years ago, and his views do not represent the company."

But going back to at least 1978, Marcus has donated a total of $63,801,322 to political campaigns and PACs, FEC data obtained by Insider showed.

Many of the donations went to directly supporting Republican candidates, including the presidential campaigns of Trump, McCain, Sen. Marco Rubio, Jeb Bush, and Sen. Mitt Romney, among others.

Some of Marcus's largest individual donations have gone to conservative super PACS that directly supported Trump.

In 2020, he made two separate donations of $5 million each to the Preserve America PAC, a single-candidate PAC that supports Trump.

In 2016, Marcus made two donations, one for $3 million and one for $2 million, to Rebuilding America Now, a super PAC established to support Trump's first campaign. He also gave another $2 million to Making America Number 1, a pro-Trump PAC.

Between 2015 and 2022, Marcus donated more than $15 million to the Senate Leadership Fund, a PAC dedicated to helping Republicans gain a majority in the Senate, and more than $5 million to the Congressional Leadership Fund.

Marcus has also donated extensively to House and Senate races, contributing to a long list of Republican lawmakers that includes Sens. Tom Cotton, Mike Lee, Chuck Grassley, Mitch McConnell, and Tim Scott, as well as Reps. Kevin McCarthy and Liz Cheney.

Marcus in 2022 also donated to Herschel Walker, the failed Senate candidate from Georgia, and Sen. Joe Manchin, the West Virginia Democrat who has been accused of impeding his own party's agenda.

Marcus and his wife, Billi, have also pledged to give away most of their estimated $8.9 billion fortune. In 2010, they signed The Giving Pledge, a commitment to donate most of their wealth to charitable causes.

Gotta love a guy who married a billie
I wonder if I should tell them about my DONATION atopic.
LETS PRAY FOR TRUMP !
Read the original article on Business Insider

https://www.smartnews.com/p/44993817476 ... _id=vF9sMo
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John Bingham
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Re: A year end feel good artickle

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I always say anything’s “ smart “ in cambrodia is stupid ..
Yes, indeed. :?
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orichá
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Re: A year end feel good artickle

Post by orichá »

Billionaire Mr. Munger is even older. This article says he doesn't think the inequality gap between the rich and poor is really worth complaining about. I don't understand American rich men. They are the personification of complacency.

https://www.cnbc.com/2022/12/27/charlie ... ality.html

Stop complaining, says billionaire investor Charlie Munger: ‘Everybody’s five times better off than they used to be’

Published Tue, Dec 27 20229:00 AM

by Tom Huddleston Jr.

Billionaire Charlie Munger thinks we should all be a lot happier.

Munger, the longtime investment partner and friend of fellow billionaire Warren Buffett, says he doesn’t understand why people today aren’t more content with what they have, especially compared to harder times throughout history.

“People are less happy about the state of affairs than they were when things were way tougher,” Munger said earlier this year at the annual meeting of the Daily Journal, the newspaper company where he’s a director.

The 98-year-old noted that he came of age in the 1930s, when Americans everywhere were struggling: “It’s weird for somebody my age, because I was in the middle of the Great Depression when the hardship was unbelievable.”

During that annual meeting, Munger complained that envy is a driving factor for too many people today. Before the early 1800s, there were thousands of years where “life was pretty brutal, short, limited and what have you. [There was] no printing press, no air conditioning, no modern medicine,” he said.

If nothing else, Munger’s sense of widespread envy in today’s world might be right on the money: Recent studies show that roughly 75% of people are envious of someone else in any given year.

Social media sites like Facebook, Instagram and Twitter are especially effective at sparking feelings of envy or jealousy, often connecting us with people who only offer highly curated peeks into the positive developments in their lives.

At the meeting, Munger pointed to the work of Harvard psychologist Steven Pinker, who has argued that the quality of life around the world has improved dramatically over the past century or two, citing evidence such as longer life expectancies and reduced global poverty.

Critics of Pinker’s work say his views are overly simplified and ignorant of negative aspects of modern life, from growing wealth inequality to the ongoing existence of violence and political instability — factors that can still cause real suffering.

In 2019, Munger downplayed the effects of wealth and income inequality, and claimed that the politicians who were “screaming about it are idiots.”

Some politicians, like Vermont Sen. Bernie Sanders and Massachusetts Sen. Elizabeth Warren, have called for tax increases on the ultra-wealthy in recent years. Munger and his estimated net worth of $2.2 billion would likely be subject to those increases.

The billionaire has expressed skepticism about higher taxes on the wealthy in the past, even arguing last year that some inequality is a necessary aspect of a free market economy. At the Daily Journal’s annual meeting this year, he added that most people’s concerns over wealth inequality and criticisms of the extremely wealthy were “motivated” by envy.

“I can’t change the fact that a lot of people are very unhappy and feel very abused after everything’s improved by about 600%, because there’s still somebody else who has more,” Munger said.

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(Why doesn't Biden go to a homeless underpass in Seattle or Baltimore to toast marshmallows over the 45-gallon drum fire with the poor for a feel-good photo op?)
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pissontheroof
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Re: A year end feel good artickle

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Re: A year end feel good artickle

Post by IraHayes »

According to the World Bank, global poverty has declined significantly over the past few decades. In 1990, approximately 36% of the global population lived in extreme poverty (defined as living on less than $1.90 per day), while in 2015, that number had fallen to 9.2%. This represents a significant reduction in global poverty and suggests that many people around the world have become better off over the past 50 years.

It is also worth noting that measures of poverty and well-being go beyond income and can include other factors such as access to education, healthcare, and other services. For example, the Human Development Index (HDI) is a composite measure that takes into account not just income, but also education and health. According to the HDI, many countries have made significant progress in improving human development over the past 50 years.

World Bank, "Poverty overview," https://www.worldbank.org/en/topic/pove ... y-overview
United Nations Development Programme, "Human Development Report," https://hdr.undp.org/en/content/human-d ... -index-hdi
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orichá
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Re: A year end feel good artickle

Post by orichá »

Poverty is actually very very high in many many countries, including several "wealthy" countries like the UK, the U.S.A. and Canada, all of which have higher rates than the official global tally of 8.8. or 9.2... pretty sure China's data is cooked, thus bringing the official global rate down an awful lot...

Look at this:
https://worldpopulationreview.com/count ... by-country

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“There are terrible difficulties in the notion of probability, but we may ignore them at present.” - Bertrand Russell
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Re: A year end feel good artickle

Post by violet »

Artickle?

Sounds like a thread about art that tickles us.

I have nothing.
Despite what angsta states, it’s clear from reading through his posts that angsta supports the free FreePalestine movement.
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Re: A year end feel good artickle

Post by Alex »

Poor people nowadays are a lot less accepting of inequality than they used to be in the good old robber baron days. Those billionaires are probably too old to see the day they will be hung from lampposts, as the couch potato revolution won't happen next year, but I'll keep some popcorn ready just in case.
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