Old Herman Hates Billionaires

[Lokmar]

Hell no. I don't want that wanker in my thread.

10-4.

Sorry josephine. You have to fuk off. Herman said so.

[JOE]

10-4.

Sorry josephine. You have to fuk off. Herman said so.

Guess ya don't own any Bitcoin like the Billionaires, eh Lokmar?

Oh well, guess you missed out too.

[Shen Li]

They all donated to Kameltoe and her campaign against working Americans.

Bill Gates
Gordon Getty
Marc Benioff
Jeff Bezos
George Soros
Reid Hoffman
Reed Hastings
Michael Novogratz
Mark Suster
Marc Lasry
George Lucas
Roger Altman
Mark Zuckerberg
Drew Houston
Vinod Khosla
Raymond J. McGuire
Barry Diller
Mark Pincus
Warren Buffett
Deven Parekh
Jonathan D Gray
Ron Conway
Bradley Tusk
Sean Parker

Mark Cuban is not on that list.

[JOE]

Mark Cuban is not on that list.

Do you own any bitcoin Shen Li Shen?

wish I did. given its recent rise of $100,000US/bitcoin

tbh I don't understand this Modern Economy at all.

...when something fake is priced more (much more) than assets that a are real.

Oh well new economy I suppose. Signs of changing times.

Mind you what goes up will probably come down hard one day too.

which means it'll eventually crash.

[Frood]

Fiat currency isn't real either, you autistic fuck..

[DKG]

Hell no. I don't want that wanker in my thread.

Then why did you post it in the Octagon. Anything is fair game in that sub.

[Herman]

Then why did you post it in the Octagon. Anything is fair game in that sub.

I forgot about the old attention whoring wanker.

[Herman]

[Brent]

Prog sheep cannot find the obvious irony in this.

[Herman]

[Brent]

Enter the rise of the modern "philanthropath": a new breed of sociopathic billionaire using inherited or self-made fortunes to re-engineer civilization from the top down. These aren't benevolent stewards. They're ideological crusaders waging war on tradition, prosperity, and truth.

[DKG]

Jim Simons' mathematical skills helped transform him from a prize-winning academic at Harvard and MIT into a legendary financier whose algorithmic models made Renaissance Technologies one of the most successful hedge funds in history. After his death last year, one of his consequential bequests went to his daughter, Liz, who oversees the Heising-Simons Foundation and its nearly billion-dollar endowment.

What Liz Simons has chosen to do with that inheritance might have surprised her father. Jim Simons devoted much of his charitable giving to basic research in mathematics and science, but his daughter's foundation is moving in a very different direction. The Heising-Simons Foundation and similar organizations are supercharging a movement to remake K-12 mathematics education according to social justice principles.

The revamp is profound. They reject well-established practices of math instruction while infusing lessons with racial and gender themes. The goal is to motivate disadvantaged students while dispensing with the traditional features of math — like numerical computation, which they struggle with on standardized tests — considered an oppressive feature of white supremacist culture.

In many quarters, including corporations and universities, diversity, equity, and inclusion programs are in retreat due to pressure from the Trump administration and the courts. Not so in public education, with curricula that are locally controlled and largely insulated from the dictates of Washington.

That allows progressive foundations and like-minded charitable trusts to continue to pour millions of dollars into reshaping math education for black and Latino kids — including an $800,000 grant this year from the Heising-Simons Foundation — even though no credible research exists showing that the social justice approach improves their performance.

"Politicians and legislatures, even school boards," are often too "hamstrung" to get things done, Bob Hughes, the director of K-12 education at the Gates Foundation, said at an online symposium on the need for racial equity policies in America's classrooms. Philanthropy, he added, faces fewer barriers in making rapid changes.

The Gates Foundation has been a leader in the promotion of anti-racist math instruction. It supported a project called "A Pathway to Equitable Math Instruction." The project discards basic tenets of learning, like asking students to "show their work" and find the "right" answer as vestiges of "white supremacy culture." The pathway is promoted by EdTrust West, which also receives support from the Spencer Foundation, the Heising-Simons Foundation, and other major donors.

The Gates and Heising-Simons foundations have both supported TODOS Mathematics for All, an Arizona-based organization that calls for elevating diversity, equity, and inclusion practices and anti-racist activism into all math instruction, with over $553,750 in grants in recent years. "We can no longer believe that a focus on curriculum, instruction, and assessment alone will be enough to prepare our children for survival in the world. We need anti-racist conversations for ourselves and for our children," TODOS President Linda Fulmore announced in 2020.

Last year, the group hosted an hour-long webinar on "2SLGBTQIA+ identity in mathematics education." During the event, a speaker expounded at length on various queer and indigenous identity groups while spending virtually no time on math-related curriculum or instruction.

[JOE]

Actually DKG DKG unlike Herman Herm I don't hate billionaires nor the rich for that matter.

The wealthy have always been among us and always will be.

That being said....what needs to change is the tax code to discourage hoarding of wealth.

Tax breaks should be incentivized, not given away.

Having billionaires or lots of rich people doesn't mean that the society has to be poor.

Case in point are Switzerland and Norway. Both countries have an abundance of millionaires/billionaires.

And yet their poverty rates or 3-4% with the best social safety nets in the world.

A country doesn't have to be like Mexico, which also has a lot of billionaires but high crime rates and poverty.

Instead of punishing the wealthy, I'd suggest providing them incentives to invest in their local economies by spending the money on infrastructure, hospitals, roads, parks, treatment centers, schools & jobs. So the more the wealthy individual benefits society, the more they get to keep of their wealth. In fact, if they contribute enough, perhaps they wouldn't pay any tax at all. It think this could be called 'benevolent capitalism'. At least a few billionaires have donated their money to charitable causes to improve the soceity.

ie;

...just think how many jobs this man created, and how much investment it created.

Guy deserves a tax break.