Here's how you perpetrate a wealth transfer from average homeowners to the rich: 1. Deregulate mortgage lending to cause a housing bubble. 2. When it bursts, bail out the banks, and let people lose their homes, resulting in the homes being transferred to banks and landlords, causing more speculation and price increases. 3. Meanwhile, make sure the proportion of economic growth going to workers is kept minimal, even as the stock market booms. 4. Now, these workers not only have to sell their labor to the rich for paltry returns, have their retirement (if any) invested by the rich, borrow from the rich to go to college, but also rent from them in perpetuity. [this video]
[this video] You load sixteen tons, what do you get? Another day older and deeper in debt Saint Peter don't you call me, 'cause I can't go I owe my soul to the company store
Video list and Hacker News comment labels from HackerTube (prompted by @karpathy), released under ODC-By 1.0, built on the open-index/hacker-news archive. Hacker News data is provided by Y Combinator; comments remain the work of their authors. Video titles, channel names and thumbnails belong to their creators and are shown via YouTube. HackerTube Watch is an unofficial edition. Data export of 2026-10-31.
3 Hacker News comments
From the HN archive; up to 20 kept per video, favoring different commenters. Recommendations first.
Read more