I cannot for the life of me imagine that being controlled by billionaires is somehow good for America and its people. Billionaires are essentially people who are interested only in looking after their own interests: If they can find profit in selling their grandmothers to be rendered at a glue factory, why then they will be sorely tempted.
Why do voters admire billionaires? Do they honestly think that somehow their own financial situations will be magically improved? After all, they just as often job destroyers as job creators. You can see this in action when there is a corporate merger, followed by a round of lay-offs. Are coal miners from West Virginia or ranchers from Wyoming welcome at Mar-a-Lago? Yes, but only if they themselves are billionaires.
That is why I am not particularly excited about Michael Bloomberg becoming the Democratic candidate for President. He may have been a better mayor of New York City than Rudolph Giuliani, but I suspect he still thinks like a billionaire.
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