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Monday, October 03, 2022

2022.1003.0003...

From the Sept. 30 edition of "Grant's Interest Rate Observer", an investment publication:

"It’s Musk who, astoundingly, earned $23.5 billion last year though Tesla reported net income of less than one-quarter of that sum."

(Sounds like financial hocus-pocus.)

7 comments:

Infidel753 said...

Absolutely disgusting. They didn't produce that wealth. No individual is capable of doing work that produces a quarter trillion dollars in value. Every dollar of that represents value created by their employees' work, value which was stolen from those employees.

They are lucky that we're now so civilized that the worst thing likely to ever happen to them is higher taxes.

SickoRicko said...

Infidel - The higher the better!

elJiffy said...


Raising taxes on the wealthy seems to have become the new third rail of American politics.

SickoRicko said...

elJiffy - Unfortunately, yes.

Xersex said...

Some governments treat us like ATMs, and without any card

uptonking said...

Startling. Glaring. So? No one does anything about it, except reward the wealthy for being greedy (wealthy) - same thing?

Jimbo said...

Do NOT get me started! >(