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Peter Schiff explains why he’s never been involved in Crypto “In Crypto, all that happens is the money is transferred from the buyer to the seller. So some people win because other people lose, that’s not how you create wealth” “The thing about the companies that I invested in,...

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30,439 Aufrufe • vor 4 Monaten •via X (Twitter)

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Schiff: “People who made money in crypto made money because the crypto they bought went way up.” Carlson: “How’s that different from gold?” Schiff: “I don’t know a lot of people that got rich buying gold.” Carlson: “We’ve done really well.” Schiff: “Ok, we tripled our money.”
0:41

Schiff: “People who made money in crypto made money because the crypto they bought went way up.” Carlson: “How’s that different from gold?” Schiff: “I don’t know a lot of people that got rich buying gold.” Carlson: “We’ve done really well.” Schiff: “Ok, we tripled our money.”

The ₿itcoin Therapist

103,260 Aufrufe • vor 6 Monaten

Elon Musk: A lot of the negativity stems from the axiomatic flaw that the economic pie is static, that it's a zero-sum game. “At my first company I didn't have any money, I just had $100,000 in student debt. That was a company in the very early days, of the Internet, called Zip2. But for all companies subsequently, I basically doubled down. I took the money from Zip2, invested it in X.com-PayPal, and then took the PayPal money, invested that in creating Tesla and SpaceX. It didn't feel right that I should ask investors to invest if I was not prepared to invest my own money. I think the whole other people's money thing is not right. You want to have skin in the game. As a result of that, I own a lot of shares in the company. And the better the company does, the more valuable the shares are. But that's because the pie has grown. And so you have to say what's at the root of a lot of the negativity is an axiomatic flaw. That the pie is static, that it's a zero-sum game, that if someone else succeeds, it's because they took more than their fair share of this fixed pie. But it's not a fixed pie. Obviously, the economic pie has grown considerably from what it was in the past. The output of goods and services, the productivity per person is dramatically greater than it has been in the past. So when you create a new company and you create new products and services, you're growing the amount of goods and services available to people. So you've not taken anything away from anyone. You've created something new and you've given people new products and services they didn't have before. We didn't use to have an iPhone, we didn't use to have computers. We didn't use to have cars or be able to fly in airplanes. We didn't use to have many of the life-saving medicines that we have today. These are all new things. The pie has grown tremendously.” From: Interview with Ben Shapiro, January 24, 2024
1:48

Elon Musk: A lot of the negativity stems from the axiomatic flaw that the economic pie is static, that it's a zero-sum game. “At my first company I didn't have any money, I just had $100,000 in student debt. That was a company in the very early days, of the Internet, called Zip2. But for all companies subsequently, I basically doubled down. I took the money from Zip2, invested it in X.com-PayPal, and then took the PayPal money, invested that in creating Tesla and SpaceX. It didn't feel right that I should ask investors to invest if I was not prepared to invest my own money. I think the whole other people's money thing is not right. You want to have skin in the game. As a result of that, I own a lot of shares in the company. And the better the company does, the more valuable the shares are. But that's because the pie has grown. And so you have to say what's at the root of a lot of the negativity is an axiomatic flaw. That the pie is static, that it's a zero-sum game, that if someone else succeeds, it's because they took more than their fair share of this fixed pie. But it's not a fixed pie. Obviously, the economic pie has grown considerably from what it was in the past. The output of goods and services, the productivity per person is dramatically greater than it has been in the past. So when you create a new company and you create new products and services, you're growing the amount of goods and services available to people. So you've not taken anything away from anyone. You've created something new and you've given people new products and services they didn't have before. We didn't use to have an iPhone, we didn't use to have computers. We didn't use to have cars or be able to fly in airplanes. We didn't use to have many of the life-saving medicines that we have today. These are all new things. The pie has grown tremendously.” From: Interview with Ben Shapiro, January 24, 2024

ELON CLIPS

987,317 Aufrufe • vor 7 Monaten

True happiness comes from helping others: “By far my favorite thing in the world is championing other people. That's just what I enjoy doing. If I look back on my life, the sort of wins that I've had, the things that if you were to write a Wikipedia article about me would be like the accolades or the accomplishments…. I don't care about those things. I don't think about them. When they happened, they didn't do anything for me emotionally or otherwise. For whatever reason that's just not what I enjoy. But when your success happens or when many other people that I and my team have championed, have a win —I feel that deep in my soul and heart and gut in a way that is just more gratifying to me than anything else in the world. And this extends to my kids, my wife, my friends, the CEOs of companies that we've invested in, people that we have on our show, that we tell the world about. That's the repeated thing that I love.”
0:55

True happiness comes from helping others: “By far my favorite thing in the world is championing other people. That's just what I enjoy doing. If I look back on my life, the sort of wins that I've had, the things that if you were to write a Wikipedia article about me would be like the accolades or the accomplishments…. I don't care about those things. I don't think about them. When they happened, they didn't do anything for me emotionally or otherwise. For whatever reason that's just not what I enjoy. But when your success happens or when many other people that I and my team have championed, have a win —I feel that deep in my soul and heart and gut in a way that is just more gratifying to me than anything else in the world. And this extends to my kids, my wife, my friends, the CEOs of companies that we've invested in, people that we have on our show, that we tell the world about. That's the repeated thing that I love.”

David Senra

20,234 Aufrufe • vor 7 Monaten

When Elon Musk was asked to rate how important money is to him from 0 to 10, he said: “Maybe a 2.” “The reason I guess I have what’s called wealth or really just shares in the companies, is that I’ve created these companies. Tesla has about 140,000 direct employees worldwide, and probably five times that number in the broader ecosystem, maybe almost a million jobs when you look at the whole supply chain that Tesla has created. And then SpaceX has about 15,000 people, and perhaps around 50,000 people when you include the full supply chain. So, with the help of many talented people, I built these companies. The so-called wealth statistics simply add up what my ownership stake in those companies is worth. But I don’t actually have that in cash. I have it in stock. It’s really just that the companies have succeeded.”
1:24

When Elon Musk was asked to rate how important money is to him from 0 to 10, he said: “Maybe a 2.” “The reason I guess I have what’s called wealth or really just shares in the companies, is that I’ve created these companies. Tesla has about 140,000 direct employees worldwide, and probably five times that number in the broader ecosystem, maybe almost a million jobs when you look at the whole supply chain that Tesla has created. And then SpaceX has about 15,000 people, and perhaps around 50,000 people when you include the full supply chain. So, with the help of many talented people, I built these companies. The so-called wealth statistics simply add up what my ownership stake in those companies is worth. But I don’t actually have that in cash. I have it in stock. It’s really just that the companies have succeeded.”

DogeDesigner

543,755 Aufrufe • vor 1 Monat

Chris Camillo says investing in 170 private companies was the biggest mistake he ever made "The $20,000 that I initially invested has generated roughly $80 million of returns over the past 18 years" "I take the bulk of my money out every year and invest it in early stage companies… almost 170 of them, which was the biggest investment mistake I ever made" "My public portfolio generates north of 70% annualized returns… why would I take money out of that and put it into private companies generating 10 to 15%"
1:01

Chris Camillo says investing in 170 private companies was the biggest mistake he ever made "The $20,000 that I initially invested has generated roughly $80 million of returns over the past 18 years" "I take the bulk of my money out every year and invest it in early stage companies… almost 170 of them, which was the biggest investment mistake I ever made" "My public portfolio generates north of 70% annualized returns… why would I take money out of that and put it into private companies generating 10 to 15%"

Yonan

686,995 Aufrufe • vor 3 Monaten

Reporter: Mr. President, are you planning to unveil a healthcare plan anytime soon in one place? Trump: Well, we’re looking at different alternatives. I mean, I like my plan the best: don’t give any money to the insurance companies—give it to the people directly. Let them go out and buy their own healthcare plan. And we’re looking at that. If that can work, we’re looking at it. That’s sort of taking it off. That’s what I like. Don’t give the money to the insurance companies. They go out and buy their own plan. You give the money to the people. I like it the best.
0:30

Reporter: Mr. President, are you planning to unveil a healthcare plan anytime soon in one place? Trump: Well, we’re looking at different alternatives. I mean, I like my plan the best: don’t give any money to the insurance companies—give it to the people directly. Let them go out and buy their own healthcare plan. And we’re looking at that. If that can work, we’re looking at it. That’s sort of taking it off. That’s what I like. Don’t give the money to the insurance companies. They go out and buy their own plan. You give the money to the people. I like it the best.

Acyn

621,147 Aufrufe • vor 8 Monaten

Henry on how nearly all market returns come from 1% of companies: "There's 4,000 public stocks. How many of them truly are great? Over a rolling 10 year period, you have about 40 stocks that compound wealth at 20% a year or go up ~6x. So about 1%. I read the shareholder letters and tried to understand what drove the success of the New Horizon Fund. It was really only 20 stocks over 50 years that drove the performance. Walmart first came public as a super small company. And this is definitely one of the 20 stocks that mattered. But, unfortunately, it was sold. I was managing about $8 billion, and had the stake in Walmart not been sold, it would have been greater than the sum total of everything that I was managing. I love small cap companies because I love the people side of the job, but I also love them because 80% of these great companies actually start as small caps."
2:25

Henry on how nearly all market returns come from 1% of companies: "There's 4,000 public stocks. How many of them truly are great? Over a rolling 10 year period, you have about 40 stocks that compound wealth at 20% a year or go up ~6x. So about 1%. I read the shareholder letters and tried to understand what drove the success of the New Horizon Fund. It was really only 20 stocks over 50 years that drove the performance. Walmart first came public as a super small company. And this is definitely one of the 20 stocks that mattered. But, unfortunately, it was sold. I was managing about $8 billion, and had the stake in Walmart not been sold, it would have been greater than the sum total of everything that I was managing. I love small cap companies because I love the people side of the job, but I also love them because 80% of these great companies actually start as small caps."

Patrick OShaughnessy

197,621 Aufrufe • vor 7 Monaten

J-Cal: USA Must Restore the Venture Flywheel 🇺🇸💰 With M&A and IPOs down significantly over the last four years, the besties discussed the importance of fixing a broken exits market. @jason: "Japan, Australia, Singapore... they all want to recreate what we have here." "What we've created here in Silicon Valley and in America is these diasporas that start when a company like Google goes public, and then those people go create Facebook or go work at Facebook like Sheryl Sandberg did." "And they accelerate the growth there. And then those people become angel investors. They become LPs." "This incredible flywheel was cooking. I mean, it was so smooth." "And now we've literally stuck a stick in it." Philippe Laffont: "On top of that, when these people die, most of them gave all their money away to foundations." "Which is something very different between the US and Europe." "In America, these people build companies, create new companies, invest in new companies, coach new companies, mentor new companies." "And when they die, all that money goes to foundations that continue to promote and do some of the work that governments would do." "Finally, how great is it that some foundations are competing with the government to decide what needs to be done?"
0:57

J-Cal: USA Must Restore the Venture Flywheel 🇺🇸💰 With M&A and IPOs down significantly over the last four years, the besties discussed the importance of fixing a broken exits market. @jason: "Japan, Australia, Singapore... they all want to recreate what we have here." "What we've created here in Silicon Valley and in America is these diasporas that start when a company like Google goes public, and then those people go create Facebook or go work at Facebook like Sheryl Sandberg did." "And they accelerate the growth there. And then those people become angel investors. They become LPs." "This incredible flywheel was cooking. I mean, it was so smooth." "And now we've literally stuck a stick in it." Philippe Laffont: "On top of that, when these people die, most of them gave all their money away to foundations." "Which is something very different between the US and Europe." "In America, these people build companies, create new companies, invest in new companies, coach new companies, mentor new companies." "And when they die, all that money goes to foundations that continue to promote and do some of the work that governments would do." "Finally, how great is it that some foundations are competing with the government to decide what needs to be done?"

The All-In Podcast

42,055 Aufrufe • vor 1 Jahr

“Peter Thiel lived out that PayPal experience where they had investors that were much more of that conservative attitude and didn’t trust the founders of the company to run the company. Founders Fund came about in 2005 with the purpose of empowering founders to run their companies forever. A lot of people ask for a long time, ‘What’s your favorite company in the portfolio?’ And I was biased, but I thought objectively, SpaceX. Apple was founder-led for a very long time. Amazon was still founder-led. And so there is this belief that the founders should run their companies because they have the moral authority and the vision to do that.” Scott Nolan
10:36

“Peter Thiel lived out that PayPal experience where they had investors that were much more of that conservative attitude and didn’t trust the founders of the company to run the company. Founders Fund came about in 2005 with the purpose of empowering founders to run their companies forever. A lot of people ask for a long time, ‘What’s your favorite company in the portfolio?’ And I was biased, but I thought objectively, SpaceX. Apple was founder-led for a very long time. Amazon was still founder-led. And so there is this belief that the founders should run their companies because they have the moral authority and the vision to do that.” Scott Nolan

Shawn Ryan

98,823 Aufrufe • vor 1 Jahr

One thing I have noticed is that nobody ever asks for money or complains about being broke in December. I asked someone and they told me that it’s because that is the time of the year when people get bonuses. But what about the unemployed? Then the person said, they too are covered because their loved ones share bonuses with them. So my money advice to you today is this: Save the money you have now, so that it can save you later! #HateMeNow #ThankMeLater #KgethiSpeaks #LetsTalkMoney #Money
2:00

One thing I have noticed is that nobody ever asks for money or complains about being broke in December. I asked someone and they told me that it’s because that is the time of the year when people get bonuses. But what about the unemployed? Then the person said, they too are covered because their loved ones share bonuses with them. So my money advice to you today is this: Save the money you have now, so that it can save you later! #HateMeNow #ThankMeLater #KgethiSpeaks #LetsTalkMoney #Money

Kgethi Phakeng, PhD(Wits); Hon DSc (UBristol)

144,913 Aufrufe • vor 1 Jahr

🚨 BREAKING: Democrats are panicked now that President Trump FLIPPED THE SCRIPT on Obamacare "They've been paid trillions, not billions, trillions of dollars - and what I'm saying is very simple. I don't WANT to pay them anything. No money for the insurance companies. Sorry fellas, I know them all!" "No money for the insurance companies. I want to pay the money directly to the PEOPLE and let the people get their own health care. But you know who's fighting me on that? The Democrats!" "Obamacare was set up for insurance companies to become RICH...insurance company stocks have gone up 16, 17, 1,800% percent over a short period of time!" GET IT PASSED! Huge for the midterms.
0:36

🚨 BREAKING: Democrats are panicked now that President Trump FLIPPED THE SCRIPT on Obamacare "They've been paid trillions, not billions, trillions of dollars - and what I'm saying is very simple. I don't WANT to pay them anything. No money for the insurance companies. Sorry fellas, I know them all!" "No money for the insurance companies. I want to pay the money directly to the PEOPLE and let the people get their own health care. But you know who's fighting me on that? The Democrats!" "Obamacare was set up for insurance companies to become RICH...insurance company stocks have gone up 16, 17, 1,800% percent over a short period of time!" GET IT PASSED! Huge for the midterms.

War Correspondent

1,038,235 Aufrufe • vor 2 Monaten

El-Sayed: I think the bigger worry is not that I'll lose. It's that I'll win. I don't take corporate money. I never have, and I never will. And I'm going to be the biggest opponent of a system of politics that has sold off working people to the highest bidder.
3:02

El-Sayed: I think the bigger worry is not that I'll lose. It's that I'll win. I don't take corporate money. I never have, and I never will. And I'm going to be the biggest opponent of a system of politics that has sold off working people to the highest bidder.

Acyn

133,269 Aufrufe • vor 2 Monaten

Elon Musk on raising capital: “You have to show investors that you’re all in” “Tesla almost died in 2008,” Elon explains. “The recession was particularly difficult for car companies, and in the summer of 2008 we had to raise a big funding round. But because of the collapse in the financial system, that funding round didn’t happen and we had to piece together money to keep the company going from myself and existing investors. We were able to complete a financing round that was just barely enough to keep the company going, and we closed it on the last hour of the last day that it was possible to do so. It was Christmas Eve 2008 at 6pm . . . and we would have run out of money a few days after Christmas.” Elon continues: “So while things are going really well these days, I think it’s always important to remember that when you’re creating a company, there are very dark times and it’s about getting through those dark times. That’s the difference between success and failure.” He offers the following advice to aspiring founders: “A company is a group of people gathered together to create a product or service. That’s really all a company is. So you have to really believe in what you’re creating and know in your heart and mind that this is something that matters and that the world ought to have.” Believing whole-heartedly in what your building is especially important for raising capital, Elon argues: “I think it’s important to show investors that you’re all in. For example with Tesla, the fact that I invested all the money I had and was all in — I literally had to borrow money from friends to pay rent in 2008 — made a huge difference to investors and convinced them to invest in Tesla at the same time that GM and Chrysler were going bankrupt. I think you have to show them that you really care, that you’ve got skin in the game, and that you’ve given it everything you’ve got. Then the other people at the company will follow suit, as will investors. I did that at both SpaceX and Tesla and think that’s really fundamental.” Elon also urges founders to only hire people who are passionate about what you’re building: “When you hire people, what you’re really trying to do is convince people to join you in the endeavor. You should hire people who are also passionate about what you’re doing . . . they need to really care about what they’re doing. Then they will stay during the dark times.”
3:29

Elon Musk on raising capital: “You have to show investors that you’re all in” “Tesla almost died in 2008,” Elon explains. “The recession was particularly difficult for car companies, and in the summer of 2008 we had to raise a big funding round. But because of the collapse in the financial system, that funding round didn’t happen and we had to piece together money to keep the company going from myself and existing investors. We were able to complete a financing round that was just barely enough to keep the company going, and we closed it on the last hour of the last day that it was possible to do so. It was Christmas Eve 2008 at 6pm . . . and we would have run out of money a few days after Christmas.” Elon continues: “So while things are going really well these days, I think it’s always important to remember that when you’re creating a company, there are very dark times and it’s about getting through those dark times. That’s the difference between success and failure.” He offers the following advice to aspiring founders: “A company is a group of people gathered together to create a product or service. That’s really all a company is. So you have to really believe in what you’re creating and know in your heart and mind that this is something that matters and that the world ought to have.” Believing whole-heartedly in what your building is especially important for raising capital, Elon argues: “I think it’s important to show investors that you’re all in. For example with Tesla, the fact that I invested all the money I had and was all in — I literally had to borrow money from friends to pay rent in 2008 — made a huge difference to investors and convinced them to invest in Tesla at the same time that GM and Chrysler were going bankrupt. I think you have to show them that you really care, that you’ve got skin in the game, and that you’ve given it everything you’ve got. Then the other people at the company will follow suit, as will investors. I did that at both SpaceX and Tesla and think that’s really fundamental.” Elon also urges founders to only hire people who are passionate about what you’re building: “When you hire people, what you’re really trying to do is convince people to join you in the endeavor. You should hire people who are also passionate about what you’re doing . . . they need to really care about what they’re doing. Then they will stay during the dark times.”

Startup Archive

65,685 Aufrufe • vor 9 Monaten

Elon Musk on raising capital: “You have to show investors that you’re all in” “Tesla almost died in 2008,” Elon explains. “The recession was particularly difficult for car companies, and in the summer of 2008 we had to raise a big funding round. But because of the collapse in the financial system, that funding round didn’t happen and we had to piece together money to keep the company going from myself and existing investors. We were able to complete a financing round that was just barely enough to keep the company going, and we closed it on the last hour of the last day that it was possible to do so. It was Christmas Eve 2008 at 6pm . . . and we would have run out of money a few days after Christmas.” Elon continues: “So while things are going really well these days, I think it’s always important to remember that when you’re creating a company, there are very dark times and it’s about getting through those dark times. That’s the difference between success and failure.” He offers the following advice to aspiring founders: “A company is a group of people gathered together to create a product or service. That’s really all a company is. So you have to really believe in what you’re creating and know in your heart and mind that this is something that matters and that the world ought to have.” Believing whole-heartedly in what your building is especially important for raising capital, Elon argues: “I think it’s important to show investors that you’re all in. For example with Tesla, the fact that I invested all the money I had and was all in — I literally had to borrow money from friends to pay rent in 2008 — made a huge difference to investors and convinced them to invest in Tesla at the same time that GM and Chrysler were going bankrupt. I think you have to show them that you really care, that you’ve got skin in the game, and that you’ve given it everything you’ve got. Then the other people at the company will follow suit, as will investors. I did that at both SpaceX and Tesla and think that’s really fundamental.” Elon also urges founders to only hire people who are passionate about what you’re building: “When you hire people, what you’re really trying to do is convince people to join you in the endeavor. You should hire people who are also passionate about what you’re doing . . . they need to really care about what they’re doing. Then they will stay during the dark times.” Source: Montana Jobs Summit (Nov 2013)
3:29

Elon Musk on raising capital: “You have to show investors that you’re all in” “Tesla almost died in 2008,” Elon explains. “The recession was particularly difficult for car companies, and in the summer of 2008 we had to raise a big funding round. But because of the collapse in the financial system, that funding round didn’t happen and we had to piece together money to keep the company going from myself and existing investors. We were able to complete a financing round that was just barely enough to keep the company going, and we closed it on the last hour of the last day that it was possible to do so. It was Christmas Eve 2008 at 6pm . . . and we would have run out of money a few days after Christmas.” Elon continues: “So while things are going really well these days, I think it’s always important to remember that when you’re creating a company, there are very dark times and it’s about getting through those dark times. That’s the difference between success and failure.” He offers the following advice to aspiring founders: “A company is a group of people gathered together to create a product or service. That’s really all a company is. So you have to really believe in what you’re creating and know in your heart and mind that this is something that matters and that the world ought to have.” Believing whole-heartedly in what your building is especially important for raising capital, Elon argues: “I think it’s important to show investors that you’re all in. For example with Tesla, the fact that I invested all the money I had and was all in — I literally had to borrow money from friends to pay rent in 2008 — made a huge difference to investors and convinced them to invest in Tesla at the same time that GM and Chrysler were going bankrupt. I think you have to show them that you really care, that you’ve got skin in the game, and that you’ve given it everything you’ve got. Then the other people at the company will follow suit, as will investors. I did that at both SpaceX and Tesla and think that’s really fundamental.” Elon also urges founders to only hire people who are passionate about what you’re building: “When you hire people, what you’re really trying to do is convince people to join you in the endeavor. You should hire people who are also passionate about what you’re doing . . . they need to really care about what they’re doing. Then they will stay during the dark times.” Source: Montana Jobs Summit (Nov 2013)

Startup Archive

22,582 Aufrufe • vor 1 Monat

Senator Josh Hawley exposes Big Tech companies are spending huge amounts of money bribing and lobbying Congress 🚨 He says nothing passes the Senate without Big Tech’s okay, “The truth is almost nothing that they object to crosses that senate floor” Josh Hawley says the whole Senate is paid off, “There ought to be a sign outside of the Senate Chamber that says, ‘Bought and paid for by Big Tech’” “Congress hasn't acted on this issue because of money. It's because of the power of the tech companies. I mean, let's just be honest. These companies are the wealthiest companies in the world, they're the wealthiest companies in the history of the world, and they're the most powerful companies on this hill. They spend like nobody's business I've said before joking, but really it's more ruefully, there ought to be a sign outside of the senate chamber that says, "Bought and paid for by big tech." Because the truth is almost nothing that they object to crosses that senate floor”
0:28

Senator Josh Hawley exposes Big Tech companies are spending huge amounts of money bribing and lobbying Congress 🚨 He says nothing passes the Senate without Big Tech’s okay, “The truth is almost nothing that they object to crosses that senate floor” Josh Hawley says the whole Senate is paid off, “There ought to be a sign outside of the Senate Chamber that says, ‘Bought and paid for by Big Tech’” “Congress hasn't acted on this issue because of money. It's because of the power of the tech companies. I mean, let's just be honest. These companies are the wealthiest companies in the world, they're the wealthiest companies in the history of the world, and they're the most powerful companies on this hill. They spend like nobody's business I've said before joking, but really it's more ruefully, there ought to be a sign outside of the senate chamber that says, "Bought and paid for by big tech." Because the truth is almost nothing that they object to crosses that senate floor”

Wall Street Apes

34,107 Aufrufe • vor 9 Monaten

Trump: "Trillion of dollars goes to the insurance companies. I want that money to go to the people and let the people go out and buy their own healthcare. It works like magic."
0:38

Trump: "Trillion of dollars goes to the insurance companies. I want that money to go to the people and let the people go out and buy their own healthcare. It works like magic."

unusual_whales

246,768 Aufrufe • vor 7 Monaten

🚨 JUST IN: President Trump says Democrats are plotting to OBSTRUCT landmark legislation to give healthcare money to the people instead of Big, Rich Insurance donors "The problem is, Democrats are controlled by the insurance companies that make all that money. But we're NOT gonna let that happen!" "The money should be paid not to the companies. Directly to the people. The PEOPLE buy their own healthcare."
0:29

🚨 JUST IN: President Trump says Democrats are plotting to OBSTRUCT landmark legislation to give healthcare money to the people instead of Big, Rich Insurance donors "The problem is, Democrats are controlled by the insurance companies that make all that money. But we're NOT gonna let that happen!" "The money should be paid not to the companies. Directly to the people. The PEOPLE buy their own healthcare."

Eric Daugherty

33,478 Aufrufe • vor 7 Monaten

Ohh my god: This breaks down California enrollments in Medi-Cal by race You can see “Latinx” has been SKYROCKETING, far surpassing all other races in the program COMBINED Democrats aren’t worried about illegals having healthcare, this money is the entire healthcare industry essentially It’s all about the money “e I was talking about the Medicaid issue and that's why I think the Democrats are really sticking to that. It's not that they're worried necessarily about people not having health care coverage, they're worried about the catastrophe they've created in places like California” “This revenue stream that California created by basically giving Medicaid benefits to undocumented immigrants, all these doctors and all these providers and all these hospitals that are relying on this government money for these undocumented people to come to their institutions and they're going to lose all of that revenue. I mean, you could be talking of billions of dollars of revenue these healthcare providers and doctors are going to lose. So that's why I think the Democrats are pushing so hard”
2:43

Ohh my god: This breaks down California enrollments in Medi-Cal by race You can see “Latinx” has been SKYROCKETING, far surpassing all other races in the program COMBINED Democrats aren’t worried about illegals having healthcare, this money is the entire healthcare industry essentially It’s all about the money “e I was talking about the Medicaid issue and that's why I think the Democrats are really sticking to that. It's not that they're worried necessarily about people not having health care coverage, they're worried about the catastrophe they've created in places like California” “This revenue stream that California created by basically giving Medicaid benefits to undocumented immigrants, all these doctors and all these providers and all these hospitals that are relying on this government money for these undocumented people to come to their institutions and they're going to lose all of that revenue. I mean, you could be talking of billions of dollars of revenue these healthcare providers and doctors are going to lose. So that's why I think the Democrats are pushing so hard”

Wall Street Apes

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