reddit post: https://www.reddit.com/r/videos/comments/htc03y/cnbc_anchor_shocked_by_guest_saying_who_cares/
let me fail if old
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CNBC anchor shocked by Guest saying “who cares” about billionaires losing money if companies go under is something to behold.
- Thread starter Randam
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reddit post: https://www.reddit.com/r/videos/comments/htc03y/cnbc_anchor_shocked_by_guest_saying_who_cares/
let me fail if old
CEO tells MSNBC host : "Let the Billionaires Get Wiped Out"
https://www.dailykos.com/stories/2020/4/10/1936093/-Let-the-Billionaires-Get-Wiped-Out This hosts brain melted. Bail me out if old.
www.resetera.com
This dudes an Elon Musk apologist. He can go fuck himself along with all the rest.
Edit with more context:
He was saying Elon was right to reopen the factory despite the coronavirus shutdown.
www.cnbc.com
Edit with more context:
He was saying Elon was right to reopen the factory despite the coronavirus shutdown.
Chamath Palihapitiya defends Elon Musk's decision to open Tesla production in defiance of local authorities
Social Capital CEO Chamath Palihapitiya argued that having to sort through local, state and federal laws is confusing for businesses and there needs to be a coherent way to get back to work.
www.cnbc.com
Who is the desi dude? He sounds pretty smart and knowledgeable unlike empty suit on the other end.
Long term SV exec, turned entrepreneur. He now has his own private investment fund.
Sri Lankan born but raised in Canada. Made it big after very humble beginnings. Dude has some head scratching opinions at times but he is very capable and smart.
Still worth a rewatch, though. The message rings especially true.
It's an old clip, sure, but hearing him say "Who cares!" absolutely never gets old. It's so good! I love this.
Angry that this didn't come true, and it appears that the US government is propping up bad CEOs and dumb billionaires at the expense of the entire working class of this country, but the video is still pornographically good to watch.
Angry that this didn't come true, and it appears that the US government is propping up bad CEOs and dumb billionaires at the expense of the entire working class of this country, but the video is still pornographically good to watch.
Everyone loves the idea of the free market and open competition till they realized someone else is eating their lunch.
He understands the importance of social safety nets and thinks American veered too far in the whole bootstraps mentality. I mean, look at coronavirus. He's been proved right. Anyone following global politics at a cursory level would also know this. American's social safety nets are amongst in the developed world--and a good part of the population has been brainwashed to believe it.
I don't get the host's shocked attitude. Investing in stocks is gambling, it's like saying that it's immoral to let someone who gambles lose their money? If you find it immoral, then you should do away with the stock market altogether. Now you're just making other people who _didn't_ gamble take the loss of the gambler, it makes zero sense...
There's evidence on how many of news anchor people are billionaires themselves or come from rich white families and are put there by the boards of these media conglomerates extrictly to humanize this kind of person and to push all kinds of agendas. This happens even on "leftie" media.
It all comes down to capitalism and not losing sponsors and give an image to the working class of a cool, serious and respected white, rich and billionaire anchor man/woman.
His position is that workers aren't fucked in bankruptcy? They are. Especially when a PE firm takes the company private!
Imagine the US government bailing out your bad investments, that sounds great, I would invest in everything if I knew that.
Nah you're good. It is old (not super old) but hell I love rewatching it.
The US has psychologically conditioned people at a very low level, to regard the rich as having the divine right of kings. Even if people do not consciously realize they regard the rich that way.
If something sad happens to the rich, many people experience a sense of undefinable panic because the natural order is being upset.
If something sad happens to the rich, many people experience a sense of undefinable panic because the natural order is being upset.
"Let Them Get Wiped Out" Social Capital CEO On If Hedge Funds And Billionaires Should Get Bail Outs
On Thursday, Social Capital CEO Chamath Palihapitiya Was on CNBC's "Halftime Report" to discuss his view of the markets during the coronavirus pandemic. During the interview, Host Scott Wapner asks him if airlines you should be allowed to fail, and without missing a beat, Palihapitiya stated...
www.resetera.com
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