From Robert Reich:
"This story epitomizes exactly what is wrong with the American economy. Billionaire hedge-fund manager Ken Griffin just paid $238 million for a New York City penthouse, shattering the record for the most expensive home ever sold in America.
Griffin is also one of the biggest donors in American politics. However, Griffin changed his political affiliation from Democrat to Republican after President Obama tried to crack down on tax breaks for hedge funds. Since then, he has made more than a million dollars in contributions to conservative causes. Oh and by the way, Griffin also received a $200 million government bailout during the financial collapse of 2008.
America has generous socialism for the rich, and cold, hard capitalism for everyone else. We must end this vicious cycle of money, power, and greed."
https://www.businessinsider.com/ken-griffin-most-expensive-home-ever-sold-us-nyc-penthouse-2019-1?fbclid=IwAR1bZZI0gJw66dUYGGyswZSOofBzZnEUa1pVR7vJacAjtdolkDi_-G-HoGY
"This story epitomizes exactly what is wrong with the American economy. Billionaire hedge-fund manager Ken Griffin just paid $238 million for a New York City penthouse, shattering the record for the most expensive home ever sold in America.
Griffin is also one of the biggest donors in American politics. However, Griffin changed his political affiliation from Democrat to Republican after President Obama tried to crack down on tax breaks for hedge funds. Since then, he has made more than a million dollars in contributions to conservative causes. Oh and by the way, Griffin also received a $200 million government bailout during the financial collapse of 2008.
America has generous socialism for the rich, and cold, hard capitalism for everyone else. We must end this vicious cycle of money, power, and greed."
https://www.businessinsider.com/ken-griffin-most-expensive-home-ever-sold-us-nyc-penthouse-2019-1?fbclid=IwAR1bZZI0gJw66dUYGGyswZSOofBzZnEUa1pVR7vJacAjtdolkDi_-G-HoGY
We do not inherit the world from our parents. We borrow it from our children.
