The U.S. shouldn’t bail out billionaires and hedge funds during the coronavirus pandemic, Social Capital CEO Chamath Palihapitiya says. “Who cares? Let them get wiped out.” t.co/dIbizumtqG pic.twitter.com/fsoP3ITQDa
— CNBC (@CNBC) April 10, 2020
Accurately calling out “zombie companies” for the con job they’re pulling on the vast majority of the human race. Those who serve Wall St. do not serve the people. 2020’s hot new accessory is a guillotine. FOLLOW THE MONEY.
Social Capital CEO says that failing companies, like airlines, who are “too big to fail” should be allowed to do just that.
I agree. Enough with the bailouts that tax the taxed, and make the wealthy wealthier.
Glad to see and hear this idea being presented intelligently on national news.