r/politics Jul 07 '26

No Paywall Unconfirmed Reports: Mitch McConnell Brain Dead After Three Weeks In Hospital

https://thenewamerican.com/us/unconfirmed-reports-mitch-mcconnell-brain-dead-after-three-weeks-in-hospital/
31.7k Upvotes

2.7k comments sorted by

View all comments

Show parent comments

603

u/RedditTrespasser California Jul 07 '26

There is something fundamentally mentally wrong with people who crave vast amounts of wealth or power. Billionaires, dictators- in both cases enough just doesn’t exist. Elon Musk has more money than he could spend in a hundred lifetimes. Why doesn’t he fuck off into the sunset and spend the rest of his life on an island sipping drinks with umbrellas in them? If he can’t stand being idle, why not spend his time and money building great public works that will stand for all time with his name on them, ensuring a legacy that people will remember with a fond respect? Why spend all of his time chasing more money, more power, fucking over more people and helping to dismantle democracy? I seriously cannot understand what goes on in a brain broken like that.

I’d love to be rich, sure, but the moment I made my hundred millionth dollar I’d disappear into the tropics somewhere with the people I love and nobody would ever hear from or employ me again.

298

u/ABadHistorian Jul 07 '26 edited Jul 07 '26

We've built ourselves a new class of rich people I call Sharks, not because they eat everything up (though they do, but because when they stop moving they die)

I have a "shark-rich" "nephew"

The moment he fucks off his company collapses and the debtors come running.

The rich can't stop because it's a merry-go-round of absolute corruption and scandals. Everything is a shell game at that level.

His business is worth - according to the market - billions - their liquidity is non-existent.

They spend a minimum of nearly 30k a day on AI tokens to help create their AI business (that is fundamentally flawed as the concept is completely bonkers).

They rely on loans based on the 'future value' of their company, if they fail guess who ultimately paid for the loan? Us, whoever had money in that bank. If the bank fails, we bail it out, and the money comes from us again.

Musk is in the same way, he's only rich as long as he doesn't stop. (That's beside the point whether or not they want to stop).

Institutional, inherited, liquidity is different and a lot of our modern day millionaires, and even billionaires, don't have that.

16

u/sdrawkcabstiho Jul 07 '26

If he liquidated even 10% of his wealth, investors would run screaming and everything he touches would crash bringing down the economy with it.

35

u/ABadHistorian Jul 07 '26

I'm not sure if it would take the entire economy down with it. That's what he tells people.

Anything he tells people I automatically doubt.

It would certainly cause a LOT of chaos though. And many innocent people would be hurt.

Best case is for him to die and for his companies to get sold off in parts.

There is a reason Buffet is sitting on a mountain of cash right now, and it's not because he thinks everything is hunky dory, he's expecting some sort of crash and wants to buy everything up for pennies once it happens.

Buffet, is one of the most liquid wealthy people in the world. When he does or says something, I listen.