Billionaires Michael and Susan Dell pledged a historic $6.25 billion on Tuesday to provide an incentive to families to adopt new investment accounts for children.

Billionaires can fuck right off. I didn’t post this to celebrate their “philanthropy”. I posted it to read your comments.

  • TheFogan@programming.devEnglish
    13·
    20 hours ago

    I mean I guess the concept is that they are using a system that may not be so well trusted. On the surface there is some potential good, but it boils down to the government buying stocks. The fact that they are index funds make it a little less daunting, but at the end of the day it’s kind of a door to stupid corruption. IE company bribes politicians, government chooses index funds to drive up the stock prices they want. Stocks they want go up… politicians and croneys dump their stock in them at a high price, those stocks go down.