Billionaire Mark Attanasio stands accused of stealing sand from Broad Beach in Malibu for his personal use in a construction project. As someone who has witnessed the consequences of the relentless greed and entitlement displayed by the ultra-wealthy, this news doesn’t come as a surprise. It seems that for some billionaires, the rules simply don’t apply. Attanasio’s actions, facilitated by his construction team, are not only a violation of public natural resources but also a blatant disregard for the environmental impact on marine life in the area.
The fact that someone with the financial means to purchase vast quantities of sand would resort to such illegal and unethical practices is a clear reflection of the moral bankruptcy that often accompanies extreme wealth.… Continue reading
The news of a luxury heir claiming his $13 billion Hermès fortune has vanished is a shock to many, including myself. It’s hard to wrap my head around how such a vast sum of money could simply disappear over a couple of decades. The fact that the alleged fraud was undetectable to common mortals adds an air of mystery to the situation.
While I may not be the most sympathetic towards billionaires, it does raise questions about the level of trust placed in financial advisors and the risks involved in giving them complete discretion over accounts. Signing blank documents and handing over control of bank accounts seems like a risky move, one that ultimately led to the loss of billions of dollars.… Continue reading
Elon Musk, the once-respected figure behind companies like Space X, StarLink, and Tesla, seems to have taken a turn for the worst. With his recent public attempts to recruit his billionaire peers to the Trump-Vance camp, Musk is openly delving into the realm of politics in a way that leaves a sour taste in many people’s mouths. It is quite baffling to see someone who was once celebrated for his innovative work in technology now aligning himself with the divisive and destructive agenda of Trump and his cohorts.
The fact that Musk is openly trying to influence the Presidential elections by throwing his support behind Trump and Vance is not only concerning but also disappointing.… Continue reading
Ultra-rich entrepreneurs threatening to desert Britain over tax? Let them go. It’s time for countries to call the bluff of these individuals who believe they can dictate terms based on their wealth. The idea of the ultra-rich fleeing to tax havens like Switzerland or Singapore should not deter policymakers from implementing fair tax policies. These billionaires rely on the infrastructure and resources of the countries they operate in, so they can’t simply up and leave without consequences.
The argument that these individuals contribute to society by driving up home prices and funding high-end services that benefit only themselves is flawed. The accumulation of extreme wealth often comes hand in hand with corruption and exploitation.… Continue reading
As I read about Bernie shredding billionaires backing Trump for their preference for an oligarchy over democracy, it struck a chord within me. The idea that these ultra-rich individuals would rather give up the principles of democracy just to safeguard their wealth and power is not only troubling but also a grim reminder of the dangerous path we are heading towards.
The fact that billionaires are so fixated on maintaining their riches that they are willing to sacrifice the very foundation of democracy speaks volumes about the toxic grip of greed and self-interest that has clouded their moral compass. They have become so entrenched in their wealth and power that they have lost touch with the realities faced by the average American.… Continue reading
As the news of G20 ministers proposing a minimum 2% wealth tax for the world’s billionaires circulates, it sparks a crucial conversation on the fairness of wealth distribution and tax obligations for the ultra-rich. The idea of taxing the wealthiest individuals may seem like a straightforward solution to address economic disparities, but the implementation of such policies presents a myriad of challenges and potential consequences that demand careful consideration.
One of the primary concerns raised is the possibility of billionaires relocating to countries with more favorable tax environments, leading to a loss of revenue for their home countries. The case of France serves as a cautionary tale, where the implementation of the wealth tax resulted in a significant exodus of millionaires, ultimately leading to a net outflow of wealth and a negative impact on the country’s economy.… Continue reading
America has long been characterized by the vast economic disparities between the ultra-wealthy and the average citizen. The plutocrats, the billionaires who wield immense power and influence, are now scrambling to protect their own interests by lining up to pay Trump’s exorbitant legal bills. Why, you ask? It’s quite simple: in their eyes, keeping Trump out of jail is a much cheaper alternative to paying their fair share of taxes.
The recent revelation that Trump and his team are reaching out to the same wealthy donors he once scorned paints a bleak picture of how money can buy power and favor in politics.… Continue reading
As a society, we have reached a point where the ultra-wealthy seem to operate by an entirely different set of rules. The recent news of billionaire Leonard Leo rejecting a Senate subpoena over supreme court gifts is just another example of the blatant indifference to the law displayed by the ruling class. It’s almost as if being a billionaire automatically grants you immunity from accountability. The fact that a congressional subpoena is now being treated as optional if you have enough money is a troubling reflection of the state of our government and justice system.
The issue of billionaires defying government orders brings to light the stark reality that there is a double standard at play in our society.… Continue reading
It’s truly disheartening to see the stark reality of who Trump truly serves laid bare at a recent fundraising gala, where he assured billionaires that he will keep their taxes low. This is a clear indication that his interests lie solely with the elite class, leaving his loyal supporters, particularly those in the MAGA cult, in the dust. The fact that he raised a whopping $50 million at this event speaks volumes about where his priorities truly lie.
It’s not surprising that Trump’s economic platform revolves around catering to the wealthy, as this has been a consistent theme within the GOP for years.… Continue reading
When I heard about MacKenzie Scott’s incredibly generous donation of $640 million to nonprofits, my heart swelled with admiration for her compassion and selflessness. The impact that this enormous sum of money will have on countless individuals and communities is immeasurable. Just the thought of how much good can be done with this donation fills me with hope and gratitude.
The fact that MacKenzie Scott exceeded her initial plan to give back to those in need speaks volumes about her character. It’s not every day that you see someone who is willing to give away such a substantial amount of wealth for the greater good.… Continue reading
John Q. Hosedrinker 
Matt Underwood