Norway's "Sovereign Wealth Fund" Owns About 1.5% Of Every Publicly Traded Company In The World
If you don't believe this claim, here is a brief video explanation of how it happened, plus Google AI's validation of the video's content.
Video about Norway's Sovereign Wealth Fund
https://www.facebook.com/reel/1537857818009298
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Google AI's Validation Of The Claims Made In The Above Video
https://share.google/aimode/araVAhCVexwpMekbJ
Design scientist and philosopher (of "the intersection between technology and theology"), Buckminster Fuller, observed "You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete."
This post which feels to me like the most important political document I have ever written probes the "new model" which makes the old model ridiculous, and does so in a way that everybody can understand the prevalent absurdity of what has "always" passed for inalterable reality.
If you disagree, please make your argument and send it to me: alanarchibaldo@gmail.com
"The Roosevelts: An Intimate History," AI Google Overview: https://share.google/aimode/oLdEVr9fIVbgdPQ55
PBS Overview Of The Roosevelts: An Intimate History - https://www.pbs.org/kenburns/the-roosevelts/about
"The Roosevelts: An Intimate History," Wikipedia: https://en.wikipedia.org/wiki/The_Roosevelts_(miniseries)
"The Roosevelts" explains how FDR, inspired by the progressive politics of his 5th cousin, President Teddy Roosevelt, decided that government must not stand idly by while American oligarchs, plutocrats and kakistocrats prolong the ruse that "real Americans" must lift themselves up by their own bootstraps.
FDR asserted that Human Well-Being is a human right. https://share.google/aimode/eDG6S4xyg14mAnrzb
And Franklin "welcomed the hatred" of the "economic royalists" who wished to roll back his democratizing accomplishments, just as the current Republican Party is entirely dedicated to doing.
Text of Roosevelt's "I Welcome Their Hatred" speech: https://www.minnpost.com/politics-policy/2009/05/fdr-madison-square-garden-1936-forces-selfishness-and-lust-power/
Video of Roosevelt's "I Welcome Their Hatred" speech: https://www.youtube.com/watch?v=IjSTQwamo8M
If you don't have time to watch all 14 hours (as I have now done twice), just watch Episode #5.
How To Make A Millionaire Of Every Person Living In Poverty As Norway Has Already Done
I had a brainstorm today.
There are several interrelated parts to my brainstorm.
Although the ultimate goal of my proposal is to eliminate poverty - and in the process make the United States more prosperous place - it will be First necessary to the wealthy in a roundabout way.
Clearly, the wealthy - and even more so ultra-wealthy billionaires - refuse to be taxed in any meaningful way (which, by my lights, means taxing their unrealized capital gains).
My immediate thought was that nobody can spend $1 billion in our lifetime, And so my initial impulse was to tax the welfare money they have excess of $1 billion.
But the welfare are powerful enough to ensure that this real allocation of wealth is a non-starter.
And so let billionaires keep all of their money, But with the obligation that they use resources over $1 billion worth To play the same financial games, they always play, which is to say they will use their excess capital to invest in order to make more money.
Trump himself admits that the accumulation of more money in an of itself means nothing to him, except in so far as it serves as a “marker” for him to evaluate where he “stands” in the ranking of ultra rich people.
Thus, the rich have far more than enough money to purchase the necessities of life with their laid the whole billion left over.
At the same time, there will be no interruption in the way they live their live lives, as the accumulation of more well is a game they play.
Just that. A game they play.
So let them play it.
After all, they’re good at it.
However, when they die, only $1 billion devolves to each of their blood heirs, whereas all the rest goes to a federal government fund, that would be used to finance "the infancy accounts" of all American newborns.
Senator Corey Booker has long been a proponent of these infancy accounts, and in the last year even Donald Trump has created an account of similar type. "Trump Accounts": https://share.google/aimode/ORmNiD0STpnYz9Rck
These infant accounts take advantage of what is often called “the miracle of compound interest.”
Here is what happens by virtue of this “miracle.”
When $100,000 is deposited in each newborn’” savings account, That initial Deposit will make each and every one of them a millionaire by the time thery’re 21.
And consequently, they will neither be a drain on government budgets (by requiring social services services), nor will they be as inclined to lives of crime to insure the survival of themselves and their families (just as the protagonist of “Les Miserables” - Jean Valjean - was prone to crime in order to ensure his own family’s survival.)
The result is the elimination of poverty, and the overall enrichment of society because more resources will be available for profitable investment.
This profitability will arise from two spring boards: 1.) the money saved on social services will be put to profitable use, and, 2.) the money saved from the needlessness of mass incarceration will be put to profitable use.
Has Charlie Kirk would say, “Prove me wrong.”
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And if you don't think the above argument will enable material wellbeing for every human being, consider Warren Buffett's analysis:
Warren Buffett Blows The Cover Of The Ultra-Wealthy. If We Focus On Propagating Buffett's Revelation -- Only This One Revelation -- The Ruling Class's Overarching (And Nearly Invisible) Structure Of Dominance-Submission-Bondage Would Come To A Prompt Crashing End
I venture that ONLY capitalist pigs will disagree.
Notably, the vast majority of capitalists who refuse to accept regulation are demonstrably piggish.
Unregulated, "feral" capitalists will oppose these proposals tooth.
Not so.
The United States will become a model of universal prosperity, and everyone will want to come here - especially those clever, creative people who have not yet made their first billion.
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