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When it comes to baby boomers in retirement and their finances, we often hear about what they're doing wrong. They're overpaying for medical care; they're investing in dubious timeshares; they're...
Each other anyways. so yes, i guess you want to call it a virtue signal, but it's more of an insanity signal, not that we expect sensible governance from the san francisco board of supervisors, but this is kind of a new low. >> kara: it is an illegal and immoral wealth transfer. it's not about compassion are human flourishing, our lifting people up at all. it's about power, it's about the left saying we will give you free stuff if you vote for us, so vote for us. who will foot the bill? we all know, it's a taxpayer and the mass exodus from california that speaks for itself. they are not workin...
The fund, called Waqf, is an instrument of Islamic Estate Planning largely designed for charitable and philanthropic activities to solve social problems.
Every month for three years. it is $5 billion a month that is not coming into the treasury. that is a bailout because when you don't have interest accruing on a loan you -- the loan declines in real value by the inflation rate. that is a bailout. that is a wealth transfer from people who didn't go to college, who paid their own way, to people -- no, no, i'm saying they have already gotten a bailout of about $180 billion that's inflationary. >> jacqui: i certainly hear you there. going back to the vote, though, what strikes me is that democrats are at their retreat right now, they are touting t...
This zero-sum story that says that, you know, resent what your neighbor has. a, it is very racialized. right? we saw the images of who was organized in front of the courthouse steps, right? most, there is a disproportionate amount of black and brown borrowers. which absolutely just has to do with the racial wealth gap. explicitly racist policy that stopped and intergenerational wealth transfer for most of the 20th century. to the point where today the average black college graduate has less wealth, alex, then the average white high school dropout. >> yeah. >> so this is one of those things we ...