Posts Tagged ‘billionaire’
Next Page »J. P. Morgan: Billionaire Astrologer
on Tuesday, May 17, 2022J. P. Morgan Money Quote saying it’s easy to become a millionaire, but becoming a billionaire requires help from astrology. J. P. Morgan said:
“Anyone can be a millionaire, but to become a billionaire you need an astrologer” — J. P. Morgan
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In this quote, J.P. Morgan seems to be suggesting that to become extraordinarily wealthy (a billionaire rather than just a millionaire), one needs more than just business acumen – they need some element of luck or fate as well.
By referencing an “astrologer”, Morgan is implying that to attain billionaire status, the alignments of the stars and timing would need to be exceptionally favorable.
In other words, it takes not just skill and hard work but circumstances somewhat outside of one’s control to reach the highest levels of financial success.
Birthday: April 17, 1837 – Death: March 31, 1913
Joe Biden: Pay Taxes Billionaires
on Saturday, November 20, 2021Joe Biden Money Quote saying it is important that corporations pay taxes on income, because they avoid tax now. Joe Biden said:
“You have 55 corporations in the US making $40 Billion or more that don’t pay a cent. Not a single red cent. Not a single little red cent. Now, I don’t care, I’m a capitalist. I hope you can be a millionaire or billionaire. Not a problem. But at least pay your fair share! Chip in a little bit! ” — Joe Biden
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Joe Biden is talking about large, profitable corporations in the United States that pay little to no taxes each year. He says that there are 55 corporations that make $40 billion or more annually but pay “not a cent” in taxes. Biden acknowledges that he supports capitalism and does not have a problem with people becoming millionaires or billionaires through their businesses.
However, he believes these very large, profitable corporations should still pay their “fair share” in taxes and “chip in a little bit” to support public services and infrastructure that help enable their business success. Overall, the quote expresses Biden’s view that extremely profitable corporations should contribute more in taxes rather than avoiding them entirely.
Birthday November 20, 1942
There’s no reason why millionaires and billionaires shouldn’t pay their fair share of taxes. pic.twitter.com/FJe4Qd7V7a
— The Democrats (@TheDemocrats) October 22, 2021
Frank Clemente: Pandemic Wealth
on Wednesday, October 6, 2021Frank Clemente Money Quote saying the pandemic has made billionaires richer and the costs of the health crisis justifies tax reform to include that new wealth. Frank Clemente said:
“The unconscionable growth in billionaire wealth through the misery of the pandemic is the clearest case I can imagine for the progressive tax reform working its way through Congress” — Frank Clemente
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In this quote, Frank Clemente seems to be criticizing the vast increase in wealth amassed by billionaires during the COVID-19 pandemic, while many others struggled financially. Specifically:
- Clemente notes the “unconscionable growth” in billionaire fortunes that occurred alongside widespread “misery” caused by the pandemic and economic crisis.
- He argues this underscores the need for “progressive tax reform” currently being considered by Congress, which would likely involve higher tax rates on the very wealthy.
- Clemente’s view is that the circumstances of the pandemic, with suffering for most but windfall profits for some, represent the clearest case for implementing reforms that reduce wealth concentration at the top through tax policies.
The best interpretation is that Clemente believes the pandemic has exposed the flaws and inequities of an economic system that enabled a small number of billionaires to accumulate even greater riches while many struggled, making the current push for tax policies targeting the ultra-wealthy the most justified and necessary according to his perspective on the moral imperative for reforming the tax code in light of recent events and their exacerbation of inequality.
Bruno Mars: If I Was a Billionaire
on Saturday, August 21, 2021Bruno Mars Money Quote saying If wealthy, I’d be smarter than most of those with billions. Bruno Mars said:
“If I was a billionaire, I’d be smart with my money” — Bruno Mars
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In this quote, Bruno Mars seems to be acknowledging that even immense wealth like being a billionaire requires prudent financial management. Specifically:
- Mars states that if he had a net worth of billions of dollars, he would ensure being “smart” in how he handles and deploys his considerable resources.
- He implies that vast riches do not guarantee security or prosperity without careful planning and oversight of one’s assets to preserve and grow wealth long-term.
- Mars appears to believe that even extraordinary fortunes must be judiciously invested and spent, not carelessly or extravagantly, in order to sustain prosperity over an entire lifetime and for future generations.
The best interpretation is that Mars is conveying that wealth on the scale of billions still demands diligence, foresight and responsibility in financial stewardship to maintain that level of affluence prudently according to his perspective that vast riches do not eliminate the need for prudent money management according to his view on optimally preserving even immense fortunes.
Darren James: Billlionaire for 4 Days
on Thursday, July 29, 2021Darren James Money Quote saying how would you like to open your bank account to discover you were suddenly a billionaire?. Darren James said:
“I was a billionaire for four days. It was a cool feeling, even though you couldn’t do anything with it. We knew it wasn’t ours. We didn’t earn it, so we couldn’t do anything with it. We couldn’t spend it — that would be theft” — Darren James
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We know some customers reporting seeing incorrect balances in their checking account overnight. This was caused by a technical issue that delayed updates on what displayed on Chase Mobile & Chase Online. We resolved this issue as of 9AM ET and accounts now show current balances.
— Chase (@Chase) June 28, 2020
Hey @Chase why is my account negative 50 billion dollars? #CHASE #banking #help pic.twitter.com/Q3C6h1aUiE
— Danielle Fasano (@fasano_danielle) June 19, 2021
David Sirota: Millions & Billions
on Wednesday, February 10, 2021David Sirota Money Quote saying in twitter commentary that big money was campaigning against giving small amounts to citizens. David Sirota said:
“TV millionaires paid by media billionaires to defend millionaire politicians bankrolled by billionaires as they block thousandaires from receiving hundreds” — David Sirota
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In this quote, David Sirota seems to be criticizing the influence of money in politics and media. By referring to “TV millionaires paid by media billionaires to defend millionaire politicians bankrolled by billionaires”, Sirota implies that wealthy media corporations, politicians, and donors are in alignment and use their financial resources to promote one another’s agendas.
Describing them as blocking “thousandaires from receiving hundreds”, he suggests this system prevents average citizens from receiving even modest financial benefits.
Overall, the quote conveys Sirota’s perspective that a revolving door of money exists between certain media, political, and business elites which entrenches their power at the expense of ordinary people’s interests. He appears to be advocating for reform to reduce the outsized role of wealth in public discourse and policymaking.
Elizabeth Warren: Ego Billionaire
on Tuesday, February 18, 2020Elizabeth Warren Money Quote saying that Mike Bloomberg has used his wealth to buy the visibility needed to qualify for the Democratic debate in Las Vegas but will allow a national audience to see how competitors deal with a billionaire. Elizabeth Warren said:
“It’s a shame Mike Bloomberg can buy his way into the debate. But at least now primary voters curious about how each candidate will take on Donald Trump can get a live demonstration of how we each take on an egomaniac billionaire” — Elizabeth Warren
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In this quote, Elizabeth Warren is criticizing Mike Bloomberg for being able to purchase his way into the Democratic primary debates due to his immense wealth. She calls it a “shame” that Bloomberg can qualify for the debates simply by spending large amounts on his campaign. However, she also argues that this will give primary voters a chance to see how each candidate, including Warren herself, would take on a billionaire like Donald Trump.
Overall, Warren is both objecting to Bloomberg using his riches to influence the election process, while also seeing it as an opportunity to demonstrate her ability to challenge wealthy and arrogant figures like Trump to the American public.
It’s a shame Mike Bloomberg can buy his way into the debate. But at least now primary voters curious about how each candidate will take on Donald Trump can get a live demonstration of how we each take on an egomaniac billionaire. https://t.co/H02radEZcv
— Elizabeth Warren (@ewarren) February 18, 2020
Kamala Harris: I’m Not a Billionaire
on Tuesday, December 3, 2019Kamala Harris Money Quote saying that fundraising barriers have led to the suspension of the presidential campaign today. Kamala Harris said:
“I’m not a billionaire. I can’t fund my own campaign. And as the campaign has gone on, it’s become harder and harder to raise the money we need to compete” — Kamala Harris
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In this quote, Kamala Harris is explaining one of the challenges faced in running for president as someone who is not independently wealthy. She notes that unlike billionaire candidates who can self-fund their campaigns, she relies on donations from supporters to finance her bid for the White House.
Harris implies that as the campaign progresses and more money is needed for advertising, organizing events, paying staff etc., it becomes increasingly difficult to raise the large sums required to truly “compete” or be on equal footing with candidates who can draw on vast personal fortunes.
Her message conveys that the current political financing system puts non-billionaire candidates seeking office at a disadvantage unless they can attract substantial donations from the public to match the self-funding power of very wealthy individuals.
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