I know Henry Kravis and how hard he works and gets rewarded. I think you assholes should go to a socialist country and find out how good that is. Fuck you socialists!
I'm confused, isn't this AMERICA??? Why the F*&%$ cant he make as much money as he wants? 45% of the population do not pay taxes, just take handouts. I wonder how much Henry, his partners and KKR pay in taxes?
What jerk off even made this STUPID F*%$#ING MOVIE? Who are these people?
"Life will pay whatever price you ask of it"
Nobody OWES you anything!!!! Get over it or move to a socialistic country.
C'mon and give the fellow a break, he pays millions and millions in taxes and ppl whine about he does't pay the same percent ratio; if everybody in U.S. managed to pay as much as Kravis did every year United States would have been the richest place in the galaxy(well, i think anyway).
If people worked smarter and harder at becoming wealthy rather then at trying to steal money fom those who have it, everyone would be richer. Just because someone has more then I dosent mean I have less because they have more. It like this, just because someone eats at an all you can eat buffet in New York dosent mean I have to eat less in California.Marx was a complete idiot a jealous idiot.Income tax rates are higher for the rich then the middle class or poor.Check the IRS stats for the facts.
you are all butthurt retards. maybe if you jealous idiots got it together earlier in your life then you would make more money to. fucking losers !! hahaha be jealous
Here is where they're wrong. Henry Kravis doesn't personally borrow money. Nobody in leveraged buyout does. They borrow money through the corporation against the assets of the company they're buying.
@RKAddict101 Government is not taxing more, many corporations are paying zero in taxes. Government is broke, unable to secure taxes from the corporations and the rich it has been reduced to more regressive taxes targetting the middle-class and poor. The rich are in control now and are actively destroying our country.
@rusedorange We have the highest corporate tax rates in the world. According to the National Taxpayers Union, the top 1% pays for 38% of the nation's budget, the top 5 pays for 58%, the top 10 pays for 70%, and the top 25 pays for 86%. The bottom 50% pays for only 2.7%. You really need to get your facts straight, bub.
I think this man is getting looted from, the wealth he has created for society alone, not to mention the jobs etc, he is not getting his fair share. The whole tax system needs to be deleted so we can get on with even more wealth for all. I feel for you Henry, it is terrible society is exploiting u via 'unfair' gun to your head taxes. If the service gov provides are so great, why do so many fear it being voluntary & competitive? Because they are envious and love control of others with force.
How about people stop whining?If they want to make that kind of money. Then learn how to acquire. I've worked in the industry for 7 years. And most people don't use their own money. They just borrow money and keep buying and building assets.
actually, after serious consideration, with those impressive stats and how many people he employ"s im shocked his pay is so low per hour!!! IF I was in his position I would take double that ,not to mention ALL THE PERKS......HENRY YOU DESERVE A LITTLE MORE, im dead serious.....
why the fk are all these people bitching about the rich guy. he made his own fortune so leave him alone. if you can earn money then go ahead and earn it. stop bitching about it. what he does with money is for him to decide.
Tax loopholes bla blah blah, He has 560,000 employees working under his companies!!! Go to KKR's website and look at all the companies they own or have a controlling interest in worldwide...
I love how hypocritical people are. If they were in his position, they would do exactly the same thing. The weak are always complaining about what the powerful do, yet do nothing about it, because they are incompetent. If they have a problem with the things they are, let them attempt to change it, be the creators of new values, change the world into the world they want. But no, they go about, saying this is fair and this is not, and think they are taking the moral high ground. Ha!
haters, if you dont like the fact he makes more money hourly than you make in a year, you chose the wrong profession. the dude worked VERY hard to get where he is and deserves some discretionary spending.
and the lady who wants to sell his property on ebay and give all of the proceeds to charity still wonders why she is broke and ebay's chairman is worth $5.5 billion
@sonofthasoil I still can't believe people are so delusional as to believe that a bit of fist pumping for greedy, self-serving billionaires is A) the right thing to do, B) will garner them anything beneficial in return, or C) makes them sound cool. Henry Kravis is a scumbag, plain and simple. If you want to picket on his behalf, go for it, but I feel like you deserve to meet him and see how insignificant he thinks you are first.
@sonofthasoil You’re too young to realize that you can’t bring about change without popular opinion. If people don’t know what is happening and they don’t demand that it stop, it won’t.
dude, public opinion is worthless if the public is not ready to act. the public want jobs but they still buy chinese products, they dont want us fighting in the middle east yet they're always looking for cheap gas, they want a cleaner environment, yet they buy bottled water from Iceland (if only i can find a way to sell bottled oxygen), matter of fact, the last thing public opinion changed was 1985's "new coke"...oh and American idol, and dancing with the stars
Im not saying He's a nice guy, (i personally dont care) all i'm saying is wall street attracts those who're probably more competitive than professional athletes. Marion Jones games the system and we throw her in jail, Kravis does the same and we post a Youtube video about it and go back to watching march madness. if you dont like it, CHANGE IT , Run for office, apply for a job in the SEC, call your representative, boycott his companies, stage a protest, or just shut the f*** up.
Wow, I can't believe these interviewees are complaining about taxes when they don't pay any. The bottom line is that all social security in the US is funded by rich people like Mr. Kravis. So what if he ends up paying "only" 30% in taxes rather than 50%. 30% of 450 million is a heck of a lot more than 10% of 30 thousand. The interviewees pay less than 3K a year in taxes and they think they have the right to hate on someone for being driven and successful?! What BS.
Leveraged Buyout restructuring makes a more efficient use of the shareholders' money. It is a NATURAL PROGRESSION of a company that is over-employing jobs.
People who help structure and organize these transactions are rewarded tremendously; as they should be. Henry Kravis is adding value to the economy.
why not do a overview of Nancy Pelosi money or Chuck Schumer, or Bidin or the Clintons there all rich too. If the school teacher could do that mans job she make $ money too. Were is the kids father?
@kenny8076 before he bought those companies, their where at least double the number of people workin there. Did u not understand how he makes profit? There is 9% unemplyment that is know of, and it is assumed that there is at least 15% true unemployment takin into account the millions of americans who stoped searchin for jobs...
Hey buddy, the fact that a company is employing twice as many people as it needs is the bigger waste. It's not a corporations responsibility to create a job for someone who is unemployed, especially when it's against the company (and shareholders') best interest. These private equity firms buy inefficient companies, revamp them by getting rid of the fat, and make them more efficient. It's because of this increased efficiency that more opportunities open up elsewhere.
I'm not quite sure why everyone seems to blame the rich guys... If anything, all you have to do is study what they did and follow their "blueprints"... It's pretty simple actually... By the way, "Rome wasn't built in a day"...
Unreal. The republicans are saying to the middle class: You get noting until the rich have their tax cuts. The rich worked hard they deserve the tax cuts, the middle class has been lazy, they bought houses they didn't deserve, they are at fault.
Well the reason the rich get tax breaks is because you make no money when you tax them. Example you tax one person with 100 dollars 10% you make 10 dollars You tax 1000 people with 10 dollars 5% you make 500 dollars. What this video describes is the bad side of a good industry every industry has this side. So he makes more than you. Did you take on the risk of starting a new company? No. Did you go try and get a job in finance? No. Everyone makes their own choices, period.
The real question is - Is Henry Kravis' work that much more valuable than the other people mentioned in the video? I dont advocate nor would I want to live in a place where achievement and hard work are not rewarded but how did our society get so off kilter. Yes I am sure that Henry is smart and works hard but even compared to doctors who I would argue are smarter and work harder his income is obscene.
@hereHehereHE He makes money cheating on his taxes (loopholes, lobbying) and breaking up companies, firing people therefore destroying parts of the economy, contributing to unemployment. He ''does'' nothing really, other than make deals and targeting companies to slaughter. And don't even try calling me names, I worked for a merry bunch of Venture Capitalists, I used to have to make them look human, until the panic attacks and nausea became unbearable, at the thought of my daily actions.
Someone should explain to these people the difference between a loan and someone making an investment. Private equities raise money from various people,institutions,etc and invest it in companies. Anyone can start a private equity.The difficult part is raising capital.But first you risk your own money investing to prove that you can provide returns.
The issue is not how much money this man has, how he spends it or anything like that. The real issues are how he negatively effects local industries and economies in doing so, how he doesn't contribute back enough to the society that helped him to get where he is. How he receives tax breaks that the rest (and less fortunate) don't. There's a good reason why Bill Gates and Warren Buffet don't get 'targeted.'
Thats the government fault. They give these people tax breaks and everything else.If people weren't so stupid then they would stop allowing the government to give these corporations so much power.
@Dane42o Their critics do target them. The Republicans and supporters criticized Warren Buffet who wrote an article and said stop coddling the wealthy.
Yea, I want to live in a world where there's a limit on how much I can succeed. And I want to live under a government that tells me how much I can make and have. And who decides how much is too much? In some countries, having a modest home and shoes is considered rich. Maybe we should only be allowed to live in huts.
I think in a free country you should be allowed to be as successful as you want and be as sorry as you want, as long as you don't violate anyone elses freedoms.
After spending a great deal of time over the past 2 years reading thousands of viewer comments on youtube I have become absolutely disgusted with humanity and have become a firm believer in eugenics. I not rich nor do hobnob with the elite but I can now honestly say that I see their point. The vast majority of men are purely parasitic and can honestly claim no purpose on this earth but to over-consume and destroy that which pure and purposeful.
Some of these HONEST people in the interviews should have choosen a more lucrative career. Henry has it right! and not one of these interviewed people given the chance,gave a response suitable to control that kind of money. Just listen to their responses.They wonder why their broke!!!
@1486luana "gotta LOVE capitalism"? Are u fukin blind? At what cost? Corporate america fuckin up with the world's environment and its people? Lobbying in Washington to keep cigarettes legal? lobbying for bigger tax cuts for the top 2% richest people? Lobbying to bend and procrastinate on global warming and all that shit? U gotta be really fuckin stupid as well as the 3 jerk offs who "thumbed up"...
@cupexxx WELL its apparent that your broke and should be included in the video of those other wining bastards. You may need some additional schooling so you can play in the richest game in town. Grade 8 just wont cut it I guess. Good Luck and may the wealthiest player win
@1486luana with all due respect, why should it matter what career they go with, so to you it's ok that Henry pays less taxes than someone making as much as he does in a year. that doesn't sound odd to you at all, WOW.
@phillytouch if you research KKR you would also understand the amount of money,non profit organizations and charitable organizations they support.IF YOUR BROKE you cant do these things. Whats really shelvish is how most (95% of the population) just worry about itching out a meger living and dont give a damn dime to support any of the organizations listed above. Welcome to capitalism at its best. Henry doesnt make the laws regarding taxation he just uses them.
Always humours me how people are more interested in attacking those that have been more successful than them rather than trying to better themselves.
I take my hat off to a number of people in the clip because they choose to measure their success differently to Henry Kravis and therefore their focus is not on business success.
I see no reason why someone who achieves success in the business arena should be singled out for attack because they want to enjoy the rewards of their success.
I like how some of those people fell flat on their face when asked what would they do if they had one of those homes. I'm not trying to imply that I knew what I would do if I owned one of those homes. I'm just trying to point out that the reason that I and the rest of us Americans don't have money is because we couldn't imagine ourselves receiving that high level of income. We would waste it all on frivolous nothings and then complain, "All of that money and nothing to show for it, oh well."
Henry Kravis is a benefactor and a past chairman of New York's public television station and sits on the board of the Metropolitan Museum of Art.
A Trustee of the Mount Sinai Medical Center, Henry and wife Marie-Josée Kravis donated $15 million to establish the "Center for Cardiovascular Health" as well as funding a Professorship. They have also endowed the chair in Human Oncology at Memorial Sloan-Kettering Cancer Center in New York.
Kravis funds the Henry Kravis Leadership Institute that sponsors the Leadership Studies programs at his alma mater, Claremont McKenna College, and the "Henry Kravis Internships for Teachers of Color" program.
He has also financed the construction of extensive facilities at Middlesex School (Kravis House), the Eaglebrook School (Kravis Dorm), Deerfield Academy (Kravis Arena) , and The Loomis Chaffee School (Kravis Hall).
@asensecommon Wonder if some of those elderly retirees whose pensions he looted could get a job as janitors in one of those schools or dorms, perhaps they could even live on the grounds. Seems like the least he could do.
Thanks for uploading. I have a new hero now. What's great is whoever made the film was trying to bash capitalism, but it turned out as a great advertisement.
I don't begrudge the Rich being Rich, that is not the point. The point is simply this. This man creates nothing. He borrows money for free and uses it to raid companies and profit on their destruction. He leaves in his wake more unemplayment, more despair and more proverty. He is no doubt a Republican of the first order.
the ppl in the video makes 40000$ per year and still complains,there are some countries in this world that they dont know,ppl there make 100$ per an hour.what can u do if u ppl have no god.
i don't care for the rich, and i also don't care for people who bash them. YOU may not have a choice of which family you're born into, but you DO have a choice on what YOU do with your life. just because YOU enslaved yourself in a 9-5 job that you hate, does not make the rich at fault. STOP blaming others, and take some damn responsibility over your own life!
He earned every cent of that money it is ALL His he did not ask you for one cent don not ask him for one cent you did not earn it he did STOP being so Jealous it is a sin
I don't know about war. But I use to own an asset protection company that taught people how to save on taxes.Also there is nothing wrong with leveraged buyouts.
@capitalismforever i am a lover of capitalism as well, but i dont think that the people being laid off as a result of the borderline unethical behaviors of this company can be faulted for anything if thats what you are implying.
No sir, I'm certainly not implying that. It is true that good hard working people have suffered the consequences of a poorly ran company and if a company operated itself in a mismanaged fashion and the employee suffered a consequence, I certainly have compassion for those individuals. That is not the argument I was making here.
If you look at the videos of Lindsey Williams, nope, you idiots just shoot off your mouth, he was privy to the big oil guys plans, he said they were evil. have you listened to him yet?
I hope it doesnt hurt to share but Im willing he works alot more than the lady making 30k a year. Do you know how much Donald Trump makes a year? Did you know he works 14,15 hours a day? Would you work that much every single day if you could make that much? I bet you wouldnt.
@oxORDOxo , I worked that much and more for a lot less, in the old days, wages were good enough for a man to support his wife and family, the wife stayed home, doesn't anyone remember the days when you could leave your house unlocked?
Let me rephrase that do you think you could handle a job dealing with billion dollar corporations every single day and in which the jobs of thousands of people rely on you to make the right decisions so the company isnt crushed by competition. Why are successful people demonized? They got their because they were willing to tak the risk. Why does everyone feel they're owed something? You get to where you need to go through your own efforts.
Have you run a company? You don't really make every decision. You have many people under you dealing with specific aspects of the company.Whether it be sales,financial,accounts,etc.The CEO is more of an organizational role that does make the decisions but has smart people giving them the right choices.
@badattitude77769 wages are still good enough for a man to support his wife and family. compare the standard of living in those days to the standard of living now, and i think you will find that if you wanted to live with only the ammenities that people had even as little as 25 years ago, you could do it fairly easily.
agreed on the house unlocked comment; they still do it in other countries.
@badattitude77769 ...let me add for clarity that because of modern day necessities (computers, tv's, washer/dryer, microwave, modern heating/cooling, car, etc) it is usually not feasible for just the man to work and the wife to stay home.
The use of credit default swaps, asset backed securities and the like don't qualify as "earning" money. Selling truckloads of phony paper based on paper is closer to a magic trick than "earning" an honest living. When you're dollar crashes at some point in the next two years, understand it was the Fed's (disingenuous) attempt to pay down the 1.5 quadrillion dollar black hole of derivative guys like Kravis intentionally created.
Last I checked, Kravis doesn't sell CDS or credit. He invests in equity for his shareholders, ie. pension funds, whose shareholders in turn are primarily unionized workers with defined benefit programs. I haven't heard any of the retired workers complain about his returns. Not trying to start a fight, just making an observation
It's a credible point, but you have to take into accuont that the CDS/derivative boom was caused in a large part by the fed's monetary expansionary policy in the first place. And the proportion of the current expansion which has a "corrective" aim vastly exceeds any expansion needed to bail out Wall Street. IMHO, financial deregulation was just putting fireworks on the bonfire - but the bonfire is monetary/fiscal liberalism.
I agree, but the Fed & it's derivative addicted counterparts on Wall Street are exactly that - counterparts. You're making a huge error in separating the two. These guys all come from the same elitist clubs and think tanks. They are close allies & (aggressively) play on the same team.
Liberalism isn't the villainous ideology here (although it is a lesser villain). The real threat is globalism. If you don't yet understand what that ideology truly means at it's core then you have a lot to learn.
I think you're being a bit paranoid. Recognition of what seems to me to be the obvious fact that expansionary monetary policy leads to asset bubbles is rare even in the academic sector, in my experience. And economists aren't driving ferraris.
And I meant liberalism in the sense of "expansionary", not the political sense.
"Isn't the only hope for the planet that the industrialized civilizations collapse? Isn't it our responsibility to bring about?"
- Maurice Strong
Paranoid huh? Like I already said, bankers and oligarchs don't think like you do.
The massive expansion of monetary policy happened intentionally. The Fed, Greenspan, Summers, Rubin, and other Trilateralists knew exactly what they were creating when they invented derivatives. The sub-prime bubble was no different.
It is genuinely disturbing how many people suddenly believe in this nonsense. You are being manipulated and played - but not by evil cackling financiers in a cave somewhere - by the crude fraudsters who take your money and tell you outrageous lies.
The financiers aren't in a cave somewhere (no wonder you are confused). They work out of the BIS in Switzerland, the World Bank, and the International Monetary Fund, and those three organization have their people planted in the Fed and Wall Street. It's all the same ball of oligarchical wax. Half a dozen US presidents have already told you in plain English that banks run this country, so please stop with the childish conspiracy talk of boogie men in caves. We both know that's not how this works.
The bankers who control our society wanted massive expansion, virtually no regulation, and free and easy credit flowing in all directions. Just borrow like crazy, speculate like there's no tomorrow, and SPEND SPEND SPEND! Gee, I wonder what they anticipated the outcome would be. It was all a set-up.
Er, no - a combination of desire of politicians to get re-elected (i.e. not to tighten monetary policy, which is always politically unpopular in the short-term, and a genuine belief that financial regulation did more harm than good - specifically because of Greenspan's well-documented and genuine scepticism about the ability of government agencies to identify specific asset bubbles - led to disastrous economic policy choices. But it wasn't a set-up.
If I'm so dead wrong about this, then please provide even a hypothetical explanation about how nearly 2 years ago Lindsey Williams (Google him) knew oil would drop from it's then price of $147 per barrel to under $50 dollars 4 months before it happened.
Answer - one of these men (who u think don't even exist) told him in advance that THEY were about to begin openly destroying
the world economy, & that the collapse would hit hardest first in the Arab nations as oil prices plunged...BY DESIGN!
I don't need to provide an explanation - there have always been people who were very good speculators and better than the average person at seeing economic trends developing.
You really don't have much of a sense of irony, do you?
So he was just speculating based on trends? Nevermind that last July there wasn't a single trend on the planet that suggesting anything close to oil dropping from 147 to 50 dollars in 3 months. Nevermind you won't find record of another human being on the planet that predicted this event. Sure, it must have all been a big lucky guess. A guess based on...what again?
@triage911 Well, you can look at the short interest on oil positions for the months leading up to the price decline, and I am sure, without a shadow of a doubt, that a substantial number of "other people on the planet" accurately gambled that oil would fall, though they may not have anticipated the extent of the fall.
Nope. You're dead wrong. Everyone was anticipating a rise is crude, not the other way around.
I think it's funny how you initially pretended I was the one endorsing fairytales, and here you are openly making things up as you go along.
There's one reason and one reason only that Lindsey was able to make that prediction three months before anyone else could have guessed it would happen. THEY told him THEY were about to bankrupt the Arabs. Period. It was THEIR plan, and that's why it happened.
Forget irony, you don't have much sense of discernment do you?
Only someone who is extremely thick in the head would even suggest that Lindsey Williams was speculating...about anything. You clearly have no concept of how important he is. In 35 years this man has been fed inside information from the elite themselves only about half a dozen times. None of it, EVER, has been proven wrong.
You probably didn't even look him up. After all, you already know everything so why should you?
Bankers and oligarchs don't think like you and I do. Destroying the United States economically isn't something most people would ever suspect our leaders would do intentionally. Nonetheless, that is exactly what is happening. These people want a one world society, and before they can have it America has to be re-engineered in a big way. How much luck do you honestly think they would have trying to do that out in the open(?) - hence the current crisis.
as usual the people who should be making 58 grand an hour should be the teacher..and nurses.but off course the rich white asshole gets it all...America home of the brave land of the fee. special place in hell for greed of that magnitude.
Way to go man, keep it up. I only hope that I can make that kind of money someday! I am glad that I live in this country where that is possible.
This video was created to stir up hate for people who have succeeded! We as a people shouldn't be mad at this guy. We should be trying to emulate him.
I suppose we should be trying to take away his wealth, so that we can give it to the people who "really" need it. Hmmm that sounds like socialism, doesn't it?
Henry Kravis is a Bilderberg minion who gets inside information from his elitist pals who rig the markets via the Working Group on Financial Markets, and also by employing huge firms (especially Goldman Sachs) to "front-run" the markets using PROMIS software. This way they all can more readily engage in speculative derivative gains.
Henry Kravis is rich because he's an insatiably greedy criminal, not because he's hard worker...or whatever else you were suggesting.
Your argument is fueled by envy. Really, what is it like to go though life hating others that have "made" it. You may have some valid points, but when you taint them with jealousy it defeats your argument.
There are a lot of people who make money doing others wrong, but you chose to hate this guy because he's one of the richest. Do you have the same hate for child molesters, rapists, or murderers?
Why don't you have the same disdain for the government? They are after all the biggest pillagers
Trust me, I don't envy evil people. I chose to pick on Henry Kravis because that 's what this video is about. Ranting about something (or someone) else in the comment section would probably appear unrelated, yes?
As FDR once said, there's a financial center that rules the government, & Kravis is part of this hierarchy. The guy is involved in bankrupting the country through the ponzi scheme that is the derivatives market. You'll hate him too once your dollar crashes (if you can figure that out).
People should harbor a special disdain and distrust for extremely wealthy people of poor character and nonexistent morals. Why? Because they have millions (or billion$) of times the capacity to do evil. Kravis and men like him have caused (and will cause) untold damage to humanity on a mass scale through their financial scams and black operations. What is essentially the bankrupting and taking over of the world IS a crime against humanity. I wouldn't be so quick to defend these men.
With all that said, making 50K per hour isn't something I would turn down. Unlike the greedy pig in this video however, I would not spend it all on myself. He should use his wealth for something noble. Andrew Carnegie said it's shameful for a rich man to die wealthy. I'd be willing to bet Henry Kravis is going to die pretty damn wealthy.
ma come fai a dire una cosa del genere!??!? hai visto che fine ha fatto l'indiano furbo? quello dell'hedge fund galleon??? STA IN GALERAAAA!! Le persone si inventano queste stronzate per giustificare i propri insuccessi
Greed - Isn't it great!! We Americans have taken one of the 7 deadly sins and not only made it a desireable trate but we've even adapted it as a social system. "I Love This Country"
This is a very one-sided video. Does he make a ridiculous amount of money....yes. Does that make him evil...no. Think of all the people he employs; his maids, butlers, concierge. maintenance, the contractors who did his $25mil+ renovations, his drivers, etc. etc. etc. Wealth is relative. A $65,000 watch to him is like a cup of $6 Starbucks to someone making $40k (do the math). There are people in other countries who look at our $40,000 salaries and $6 coffee and think we're rich.
but he cuts benefits for people and lays people off, from the companies he buys... the point is the guy doesnt do SHIT.. he should put money towards social programs and helping the unfortunate.. but he doesnt, he just wants all the money for himself.. fuck him, the world would be a better place without people like this..
The issue isn't his wealth. The issue is that he creates nothing of value whatsoever to acquire it. What he does with it afterward is after the fact. He destroys wealth in the true meaning of the word, to take a portion for himself, banksters, and probably politicians who take kickbacks. Creating jobs after laying people off, paying people less, reducing the quality of service, reducing property values, reducing the income and property tax bases, etc, is clearly of net detriment. He's a pirate.
minimum wage only increases unemployment - it only forces everyone whose skills don't warrant $10 an hour to lose their jobs or opportunity for employment. When it was first instituted it was racist because it deliberately caused a large amount of African Americans to be unemployed and led to many riots. Read up on history.
Deceptive nonsense. If you're earning little & your expenses are high, you almost always pay next to nothing or even nothing in taxes. 32% of Americans who filed a tax return in 2004 ended up with 0 liabilities after tax credits. If Kravis receives a large salary he pays a shit load in taxes. If he makes his personal fortune buying and selling stock in the companies he acquires he'll be paying capital gains taxes (15-20%). Kravis works in a skill intensive industry, & has EARNED his money.
War on Greed ... bullshit - anyone who complains about greed is just as greedy themselves. Otherwise the complainers wouldn't care. Gandhi was happy with $0 a year. Crybabies.
Individuals control their own life - complaining about the success of others makes you just as greedy as the supposed "greed" you are raging against . Imagine living in the most indigent parts of Africa, in a world with no commerce... that is true suffering. The poorest Americans live quite well in comparison.
right, because thats the only defence your dumb ass can conjure. Making fun of the other person's spelling over THE INTERNET. Very useful to the argument. Lol....you make me laugh, really.
Ah, macwild, you started this so called "argument" by merely muttering an ad hominem attack combined with a simple vague label of non "non sequitur". You didn't in any way address my philosophical argument in a manner suited for debate. Until you can decently debate against the thesis that envy, jealousy, and class hatred ultimately stem from the psychological emotion of greed you should get off your high chair.
"Gandhi was happy with $0 a year. Crybabies." No amount of intellectual footwork will ever back up that retarded statement. Sure, you can articualte and act like a smart ass, but your still fundemantaly a moron. You and all the capitalist elitist assholes like you are the reason America, today is in a shithole. You sit on your fat asses and watch profit come from the money you earned by screwing other people over and your too incompetent and or downright apathetic (greedy) to fix it.
Don't like credit card fees, pay your bill like you agreed to when you took out the card. He employes people. You Don't. He's smarter then the single parent with three kids. He's smarter then the audio tech bitc*ing about crediot cards.
its a small club and were not in it...the only way to peacefully beat them is to become as close to being 100% self-sufficient as possible... i can tell you how to do everything your-self, off the grid, from food, to beer, wine, electricity, bricks, glass, houses, plumbing, soap, etc, etc... even on land as small as half an acre... it, at first, will still take some money, and use of technology. they rule because everyone wants the 'easyway' out..., but they only give us the hardway. i can help
This comment has received too many negative votesshow
Taxes are just a way of keeping everyone outside the ruling prep school clique from ever getting on their feet enough to become competition for people in the clique, like Kravis.
Around 50% of Kravis' income is taxed because he is in the highest tax bracket. Over $200 million to the government a year. How much taxes do you pay?
I'm gonna be Henry Kravis in my next life.
wtf66611 2 weeks ago
I know Henry Kravis and how hard he works and gets rewarded. I think you assholes should go to a socialist country and find out how good that is. Fuck you socialists!
surangasa 3 weeks ago
WHAAAA WHAAAAA WHAAAAA
I'm confused, isn't this AMERICA??? Why the F*&%$ cant he make as much money as he wants? 45% of the population do not pay taxes, just take handouts. I wonder how much Henry, his partners and KKR pay in taxes?
What jerk off even made this STUPID F*%$#ING MOVIE? Who are these people?
"Life will pay whatever price you ask of it"
Nobody OWES you anything!!!! Get over it or move to a socialistic country.
ehoofnagle 1 month ago
C'mon and give the fellow a break, he pays millions and millions in taxes and ppl whine about he does't pay the same percent ratio; if everybody in U.S. managed to pay as much as Kravis did every year United States would have been the richest place in the galaxy(well, i think anyway).
Layon86 1 month ago
If people worked smarter and harder at becoming wealthy rather then at trying to steal money fom those who have it, everyone would be richer. Just because someone has more then I dosent mean I have less because they have more. It like this, just because someone eats at an all you can eat buffet in New York dosent mean I have to eat less in California.Marx was a complete idiot a jealous idiot.Income tax rates are higher for the rich then the middle class or poor.Check the IRS stats for the facts.
goldsilverandiamonds 4 months ago
This has been flagged as spam show
Marijuana is a very important resource.
It can create biodegradable plastics, fuel for airplanes and cars, very insulated homes and it is one of the best cures and treatments for cancer.
Hemptastic47 4 months ago
Well, what's wrong with "extreme profiteering"? The narrator acts like it's noble to be broke! If money is so bad, why not live life with the Amish?
jpull 4 months ago
This video was made by a bunch of Karl Marx worshipping milkylickers.
p4ul1z 4 months ago
Greed affects everyone to a certain extent.
Thanks to Robert Greewnwald and Brave New Films for exposing toxic and greedy people and organizations.
lamourlupus 4 months ago
you are all butthurt retards. maybe if you jealous idiots got it together earlier in your life then you would make more money to. fucking losers !! hahaha be jealous
Fodorxx 5 months ago
Rotschild is the richest, as individual and as family.
MysterieusM 6 months ago
Here is where they're wrong. Henry Kravis doesn't personally borrow money. Nobody in leveraged buyout does. They borrow money through the corporation against the assets of the company they're buying.
jxsilicon9 6 months ago
Let's be mad at the successful guy while government keeps spending more and more money while taxing and borrowing more and more.
RKAddict101 7 months ago
@RKAddict101 Government is not taxing more, many corporations are paying zero in taxes. Government is broke, unable to secure taxes from the corporations and the rich it has been reduced to more regressive taxes targetting the middle-class and poor. The rich are in control now and are actively destroying our country.
rusedorange 6 months ago
@rusedorange We have the highest corporate tax rates in the world. According to the National Taxpayers Union, the top 1% pays for 38% of the nation's budget, the top 5 pays for 58%, the top 10 pays for 70%, and the top 25 pays for 86%. The bottom 50% pays for only 2.7%. You really need to get your facts straight, bub.
MegaKolen 6 months ago
I think this man is getting looted from, the wealth he has created for society alone, not to mention the jobs etc, he is not getting his fair share. The whole tax system needs to be deleted so we can get on with even more wealth for all. I feel for you Henry, it is terrible society is exploiting u via 'unfair' gun to your head taxes. If the service gov provides are so great, why do so many fear it being voluntary & competitive? Because they are envious and love control of others with force.
LibertyJedi 7 months ago
EVOLUTION!!!!
vortexy1 7 months ago
How about people stop whining?If they want to make that kind of money. Then learn how to acquire. I've worked in the industry for 7 years. And most people don't use their own money. They just borrow money and keep buying and building assets.
jxsilicon9 8 months ago
actually, after serious consideration, with those impressive stats and how many people he employ"s im shocked his pay is so low per hour!!! IF I was in his position I would take double that ,not to mention ALL THE PERKS......HENRY YOU DESERVE A LITTLE MORE, im dead serious.....
1486luana 9 months ago
why the fk are all these people bitching about the rich guy. he made his own fortune so leave him alone. if you can earn money then go ahead and earn it. stop bitching about it. what he does with money is for him to decide.
nepalihercules 9 months ago
Tax loopholes bla blah blah, He has 560,000 employees working under his companies!!! Go to KKR's website and look at all the companies they own or have a controlling interest in worldwide...
sosdkny 9 months ago
I love how hypocritical people are. If they were in his position, they would do exactly the same thing. The weak are always complaining about what the powerful do, yet do nothing about it, because they are incompetent. If they have a problem with the things they are, let them attempt to change it, be the creators of new values, change the world into the world they want. But no, they go about, saying this is fair and this is not, and think they are taking the moral high ground. Ha!
JAROSLAW907 10 months ago
And that is why you are not wealthy you idiots! " I would fill the houses up with stray dogs" FOOLS!!!
jennburghardt 10 months ago
Get money.
TorontoLibertarian 11 months ago
haters, if you dont like the fact he makes more money hourly than you make in a year, you chose the wrong profession. the dude worked VERY hard to get where he is and deserves some discretionary spending.
and the lady who wants to sell his property on ebay and give all of the proceeds to charity still wonders why she is broke and ebay's chairman is worth $5.5 billion
sonofthasoil 11 months ago
@sonofthasoil I still can't believe people are so delusional as to believe that a bit of fist pumping for greedy, self-serving billionaires is A) the right thing to do, B) will garner them anything beneficial in return, or C) makes them sound cool. Henry Kravis is a scumbag, plain and simple. If you want to picket on his behalf, go for it, but I feel like you deserve to meet him and see how insignificant he thinks you are first.
coreyatx 11 months ago
Comment removed
sonofthasoil 10 months ago
@sonofthasoil You’re too young to realize that you can’t bring about change without popular opinion. If people don’t know what is happening and they don’t demand that it stop, it won’t.
coreyatx 10 months ago
@coreyatx
dude, public opinion is worthless if the public is not ready to act. the public want jobs but they still buy chinese products, they dont want us fighting in the middle east yet they're always looking for cheap gas, they want a cleaner environment, yet they buy bottled water from Iceland (if only i can find a way to sell bottled oxygen), matter of fact, the last thing public opinion changed was 1985's "new coke"...oh and American idol, and dancing with the stars
sonofthasoil 9 months ago
@coreyatx
Im not saying He's a nice guy, (i personally dont care) all i'm saying is wall street attracts those who're probably more competitive than professional athletes. Marion Jones games the system and we throw her in jail, Kravis does the same and we post a Youtube video about it and go back to watching march madness. if you dont like it, CHANGE IT , Run for office, apply for a job in the SEC, call your representative, boycott his companies, stage a protest, or just shut the f*** up.
sonofthasoil 10 months ago
y'all mad.
forthelulz87 11 months ago
you just sound sad and jealous.
ruisingh 1 year ago
Wow, I can't believe these interviewees are complaining about taxes when they don't pay any. The bottom line is that all social security in the US is funded by rich people like Mr. Kravis. So what if he ends up paying "only" 30% in taxes rather than 50%. 30% of 450 million is a heck of a lot more than 10% of 30 thousand. The interviewees pay less than 3K a year in taxes and they think they have the right to hate on someone for being driven and successful?! What BS.
amna4720 1 year ago
KKR likes all those pension funds.
librazone 1 year ago
money launderer
librazone 1 year ago
THANK GOD FOR CAPITALISM!!!
Leveraged Buyout restructuring makes a more efficient use of the shareholders' money. It is a NATURAL PROGRESSION of a company that is over-employing jobs.
People who help structure and organize these transactions are rewarded tremendously; as they should be. Henry Kravis is adding value to the economy.
Henry Kravis is MY HERO!!!
DEEZNUTZCORE 1 year ago
why not do a overview of Nancy Pelosi money or Chuck Schumer, or Bidin or the Clintons there all rich too. If the school teacher could do that mans job she make $ money too. Were is the kids father?
Vald1971 1 year ago
more bs lefty , class war fare , so jealous . not happy till everyone is as miserable as you.
Vald1971 1 year ago
FY 2011 Senate Omnibus Spending Bill:
$550,000 to rehabilitate Beacham Street in Massachusetts;
$600,000 for the Lewis and Clark Legacy Trail in North Dakota;
$700,000 to reconstruct Norwood Drive in Pennsylvania;
$750,000 for the Monterey Bay Sanctuary Scenic Trail Project in California;
$1 million for peanut research in Athens and Tifton, Georgia;
$2 million for an Ice Age National Scenic Trail in Wisconsin;
$3.5 million to research Formosan Subterranean Termites in New Orleans;
patriot473 1 year ago
This has been flagged as spam show
FY 2011 Senate Omnibus Spending Bill:
$300,000 to renovate the Josephine Bakhita House in Wilmington, Delaware;
$450,000 for the World Food Prize in Des Moines, Iowa;
$500,000 for Denver Bike Sharing;
$500,000 for streetscaping in Porter County, Indiana;
$500,000 for the Edward M. Kennedy Institute for the United States Senate in Boston;
$500,000 for oyster safety in Florida;
patriot473 1 year ago
This has been flagged as spam show
FY 2011 Senate Omnibus Spending Bill:
$100,000 for YouthCare in Seattle;
$100,000 for the Tennessee-Tombigbee Waterway Transportation Museum in Columbus, MS
$125,000 to develop a walking trail in Mississippi;
$150,000 to renovate the Tibbits Opera House in Michigan;
$200,000 to install solar panels at the Community Food Bank, Inc., in Arizona;
$250,000 for Pigeon Point Lighthouse in California;
patriot473 1 year ago
All these people in the video should just move to Russia. Maybe then they'll be happy.
mseifert52 1 year ago
his company employs 560,000 people...... so whats the problem?
kenny8076 1 year ago
@kenny8076 before he bought those companies, their where at least double the number of people workin there. Did u not understand how he makes profit? There is 9% unemplyment that is know of, and it is assumed that there is at least 15% true unemployment takin into account the millions of americans who stoped searchin for jobs...
cupexxx 1 year ago
@cupexxx
Hey buddy, the fact that a company is employing twice as many people as it needs is the bigger waste. It's not a corporations responsibility to create a job for someone who is unemployed, especially when it's against the company (and shareholders') best interest. These private equity firms buy inefficient companies, revamp them by getting rid of the fat, and make them more efficient. It's because of this increased efficiency that more opportunities open up elsewhere.
amna4720 1 year ago
I'm not quite sure why everyone seems to blame the rich guys... If anything, all you have to do is study what they did and follow their "blueprints"... It's pretty simple actually... By the way, "Rome wasn't built in a day"...
aggiesoft 1 year ago
Unreal. The republicans are saying to the middle class: You get noting until the rich have their tax cuts. The rich worked hard they deserve the tax cuts, the middle class has been lazy, they bought houses they didn't deserve, they are at fault.
Stand up citizen. Your being enslaved.
MaudsPas 1 year ago
LET BLAME IT ALL ON OBAMA!!!........
AFRICA4AFRICANS 1 year ago
i wonder why this video focuses on henry kravis and not george soros and warren buffet.. hmm, interesting.
boseffis 1 year ago
Making money online can be frustrating... Especially when all the guides out there are just using you to make money from you!
Luckily, there's a guy giving out a free guide about making a website, and creating revenue from it
The guide is 100% free, and he also gives you his email adressm so you can email him if you have problems!
Get it now at:
Tyreus {dot} net
heartrendingbodi 1 year ago
Well the reason the rich get tax breaks is because you make no money when you tax them. Example you tax one person with 100 dollars 10% you make 10 dollars You tax 1000 people with 10 dollars 5% you make 500 dollars. What this video describes is the bad side of a good industry every industry has this side. So he makes more than you. Did you take on the risk of starting a new company? No. Did you go try and get a job in finance? No. Everyone makes their own choices, period.
Goldensilverman 1 year ago
i can't see the point of comparing HK with those women!
theplayboy85 1 year ago
@theplayboy85 What do you have stock in KKR is HK your boy? God so many people on here supporting this rich tyrant it really makes me wonder.
anewlow23 1 year ago
@anewlow23 why tyrant??? answer me
show me the evidence!
theplayboy85 1 year ago
The real question is - Is Henry Kravis' work that much more valuable than the other people mentioned in the video? I dont advocate nor would I want to live in a place where achievement and hard work are not rewarded but how did our society get so off kilter. Yes I am sure that Henry is smart and works hard but even compared to doctors who I would argue are smarter and work harder his income is obscene.
skydive7273x 1 year ago
This has been flagged as spam show
the rich get richer and the poor have babies
00ricardo1 1 year ago
liberal prapoganda!
let the man make money you whinning slobs
hereHehereHE 1 year ago
@hereHehereHE He makes money cheating on his taxes (loopholes, lobbying) and breaking up companies, firing people therefore destroying parts of the economy, contributing to unemployment. He ''does'' nothing really, other than make deals and targeting companies to slaughter. And don't even try calling me names, I worked for a merry bunch of Venture Capitalists, I used to have to make them look human, until the panic attacks and nausea became unbearable, at the thought of my daily actions.
sidvidle 1 year ago
@sidvidle how do venture capatilists make money?
hereHehereHE 1 year ago
This country is really fucked up.
RattleheadAnthony 1 year ago
@RattleheadAnthony yea a man made himself wealthy. this country is evil
hereHehereHE 1 year ago
Someone should explain to these people the difference between a loan and someone making an investment. Private equities raise money from various people,institutions,etc and invest it in companies. Anyone can start a private equity.The difficult part is raising capital.But first you risk your own money investing to prove that you can provide returns.
jxsilicon9 1 year ago
yes but I made 1 MILLION! per year!!!!!!!!!!!!
covingtonium 1 year ago
As Nick Naylor says: Michael Jordan plays basketball, Charles Manson kills people.......[Heney Kravis makes bank].
TRZbebop675 1 year ago
The issue is not how much money this man has, how he spends it or anything like that. The real issues are how he negatively effects local industries and economies in doing so, how he doesn't contribute back enough to the society that helped him to get where he is. How he receives tax breaks that the rest (and less fortunate) don't. There's a good reason why Bill Gates and Warren Buffet don't get 'targeted.'
Dane42o 1 year ago 12
@Dane42o
Thats the government fault. They give these people tax breaks and everything else.If people weren't so stupid then they would stop allowing the government to give these corporations so much power.
jxsilicon9 1 year ago
@Dane42o wah wah wah suck a dick pussy
hereHehereHE 1 year ago
@hereHehereHE Your mother must be so proud.
Dane42o 1 year ago
@Dane42o wah wah wah go sell cookies you girl scout
hereHehereHE 1 year ago
@Dane42o Their critics do target them. The Republicans and supporters criticized Warren Buffet who wrote an article and said stop coddling the wealthy.
lamourlupus 4 months ago
Yea, I want to live in a world where there's a limit on how much I can succeed. And I want to live under a government that tells me how much I can make and have. And who decides how much is too much? In some countries, having a modest home and shoes is considered rich. Maybe we should only be allowed to live in huts.
I think in a free country you should be allowed to be as successful as you want and be as sorry as you want, as long as you don't violate anyone elses freedoms.
monsatlanta 1 year ago
whats wrong with making a million dollars a day?? As a business student I think thats something to aspire to.
PresidentOfTheBlack 1 year ago
After spending a great deal of time over the past 2 years reading thousands of viewer comments on youtube I have become absolutely disgusted with humanity and have become a firm believer in eugenics. I not rich nor do hobnob with the elite but I can now honestly say that I see their point. The vast majority of men are purely parasitic and can honestly claim no purpose on this earth but to over-consume and destroy that which pure and purposeful.
dawnstory69 1 year ago
buy every videogame in the world!
schemuel 1 year ago
"Legendary Buyout Billionaire Earns More than Spanish Teacher" Is that an Onion headline?
DrDainbramaged 1 year ago
You have to LOVE capitalism!
Some of these HONEST people in the interviews should have choosen a more lucrative career. Henry has it right! and not one of these interviewed people given the chance,gave a response suitable to control that kind of money. Just listen to their responses.They wonder why their broke!!!
1486luana 1 year ago 17
@1486luana "gotta LOVE capitalism"? Are u fukin blind? At what cost? Corporate america fuckin up with the world's environment and its people? Lobbying in Washington to keep cigarettes legal? lobbying for bigger tax cuts for the top 2% richest people? Lobbying to bend and procrastinate on global warming and all that shit? U gotta be really fuckin stupid as well as the 3 jerk offs who "thumbed up"...
cupexxx 1 year ago
@cupexxx WELL its apparent that your broke and should be included in the video of those other wining bastards. You may need some additional schooling so you can play in the richest game in town. Grade 8 just wont cut it I guess. Good Luck and may the wealthiest player win
1486luana 9 months ago
@1486luana with all due respect, why should it matter what career they go with, so to you it's ok that Henry pays less taxes than someone making as much as he does in a year. that doesn't sound odd to you at all, WOW.
phillytouch 9 months ago
@phillytouch if you research KKR you would also understand the amount of money,non profit organizations and charitable organizations they support.IF YOUR BROKE you cant do these things. Whats really shelvish is how most (95% of the population) just worry about itching out a meger living and dont give a damn dime to support any of the organizations listed above. Welcome to capitalism at its best. Henry doesnt make the laws regarding taxation he just uses them.
1486luana 9 months ago
Always humours me how people are more interested in attacking those that have been more successful than them rather than trying to better themselves.
I take my hat off to a number of people in the clip because they choose to measure their success differently to Henry Kravis and therefore their focus is not on business success.
I see no reason why someone who achieves success in the business arena should be singled out for attack because they want to enjoy the rewards of their success.
justme22 1 year ago
I like how some of those people fell flat on their face when asked what would they do if they had one of those homes. I'm not trying to imply that I knew what I would do if I owned one of those homes. I'm just trying to point out that the reason that I and the rest of us Americans don't have money is because we couldn't imagine ourselves receiving that high level of income. We would waste it all on frivolous nothings and then complain, "All of that money and nothing to show for it, oh well."
jaberwocky6669 1 year ago
@jaberwocky6669 and, of course, a house with a fleet of fishing boats is all but a frivolous nothing...
ajitaly 1 year ago
Why done we talk about how much George Soros made Last year?
mekaview 1 year ago
Henry Kravis is a benefactor and a past chairman of New York's public television station and sits on the board of the Metropolitan Museum of Art.
A Trustee of the Mount Sinai Medical Center, Henry and wife Marie-Josée Kravis donated $15 million to establish the "Center for Cardiovascular Health" as well as funding a Professorship. They have also endowed the chair in Human Oncology at Memorial Sloan-Kettering Cancer Center in New York.
asensecommon 1 year ago
Kravis funds the Henry Kravis Leadership Institute that sponsors the Leadership Studies programs at his alma mater, Claremont McKenna College, and the "Henry Kravis Internships for Teachers of Color" program.
He has also financed the construction of extensive facilities at Middlesex School (Kravis House), the Eaglebrook School (Kravis Dorm), Deerfield Academy (Kravis Arena) , and The Loomis Chaffee School (Kravis Hall).
asensecommon 1 year ago
@asensecommon Wonder if some of those elderly retirees whose pensions he looted could get a job as janitors in one of those schools or dorms, perhaps they could even live on the grounds. Seems like the least he could do.
iggerdanus 1 year ago
Thanks for uploading. I have a new hero now. What's great is whoever made the film was trying to bash capitalism, but it turned out as a great advertisement.
gsapp59 1 year ago 2
@gsapp59 same here
pingadomulatinha 1 year ago
@gsapp59 You're a Fucking Idiot
sjcpal 1 year ago
I don't begrudge the Rich being Rich, that is not the point. The point is simply this. This man creates nothing. He borrows money for free and uses it to raid companies and profit on their destruction. He leaves in his wake more unemplayment, more despair and more proverty. He is no doubt a Republican of the first order.
graymagic1 1 year ago 2
Henry K. is an exception. Making 6-7 figures, I can guarantee you that I pay a lot more taxes, %-wise, than the 5-figures earners featured.
Danielvdb 1 year ago
"I would put everything on ebay in the house, and sell it, and then I would give all the money to charity."
Oh well yes of course
dapenguin64 1 year ago
the ppl in the video makes 40000$ per year and still complains,there are some countries in this world that they dont know,ppl there make 100$ per an hour.what can u do if u ppl have no god.
conimahoni 1 year ago
i don't care for the rich, and i also don't care for people who bash them. YOU may not have a choice of which family you're born into, but you DO have a choice on what YOU do with your life. just because YOU enslaved yourself in a 9-5 job that you hate, does not make the rich at fault. STOP blaming others, and take some damn responsibility over your own life!
triforcelink 1 year ago
@triforcelink ....well said
TheCommonCents 1 year ago
He earned every cent of that money it is ALL His he did not ask you for one cent don not ask him for one cent you did not earn it he did STOP being so Jealous it is a sin
elieakaMrextreme 1 year ago
I don't know about war. But I use to own an asset protection company that taught people how to save on taxes.Also there is nothing wrong with leveraged buyouts.
jxsilicon9 1 year ago
@jxsilicon9 Well, using assets of a company you don't own yet as collateral for your debt is kind of a paradox.
Danielvdb 1 year ago
Who's worse, the scammer or the one so stupid they are allowing themselves to be scammed? In my opinion, its a dead even race.
capitalismforever 2 years ago
@capitalismforever i am a lover of capitalism as well, but i dont think that the people being laid off as a result of the borderline unethical behaviors of this company can be faulted for anything if thats what you are implying.
slingshot2427 2 years ago
No sir, I'm certainly not implying that. It is true that good hard working people have suffered the consequences of a poorly ran company and if a company operated itself in a mismanaged fashion and the employee suffered a consequence, I certainly have compassion for those individuals. That is not the argument I was making here.
capitalismforever 2 years ago
There is no truth or lie, there is only opinion. 1% of population can think...
vaidotas86 2 years ago
If you look at the videos of Lindsey Williams, nope, you idiots just shoot off your mouth, he was privy to the big oil guys plans, he said they were evil. have you listened to him yet?
badattitude77769 2 years ago
Comment removed
badattitude77769 2 years ago
I hope it doesnt hurt to share but Im willing he works alot more than the lady making 30k a year. Do you know how much Donald Trump makes a year? Did you know he works 14,15 hours a day? Would you work that much every single day if you could make that much? I bet you wouldnt.
oxORDOxo 2 years ago 2
@oxORDOxo , I worked that much and more for a lot less, in the old days, wages were good enough for a man to support his wife and family, the wife stayed home, doesn't anyone remember the days when you could leave your house unlocked?
badattitude77769 2 years ago
Let me rephrase that do you think you could handle a job dealing with billion dollar corporations every single day and in which the jobs of thousands of people rely on you to make the right decisions so the company isnt crushed by competition. Why are successful people demonized? They got their because they were willing to tak the risk. Why does everyone feel they're owed something? You get to where you need to go through your own efforts.
oxORDOxo 2 years ago
Guillotines, and plenty of them, that's what we need here.
iggerdanus 1 year ago
@oxORDOxo
Have you run a company? You don't really make every decision. You have many people under you dealing with specific aspects of the company.Whether it be sales,financial,accounts,etc.The CEO is more of an organizational role that does make the decisions but has smart people giving them the right choices.
jxsilicon9 1 year ago
@badattitude77769 wages are still good enough for a man to support his wife and family. compare the standard of living in those days to the standard of living now, and i think you will find that if you wanted to live with only the ammenities that people had even as little as 25 years ago, you could do it fairly easily.
agreed on the house unlocked comment; they still do it in other countries.
slingshot2427 2 years ago
@badattitude77769 ...let me add for clarity that because of modern day necessities (computers, tv's, washer/dryer, microwave, modern heating/cooling, car, etc) it is usually not feasible for just the man to work and the wife to stay home.
slingshot2427 2 years ago
Comment removed
slingshot2427 2 years ago
Unlike most members of the teachers union, Kravis EARNS his money.
joehogan212 2 years ago
The use of credit default swaps, asset backed securities and the like don't qualify as "earning" money. Selling truckloads of phony paper based on paper is closer to a magic trick than "earning" an honest living. When you're dollar crashes at some point in the next two years, understand it was the Fed's (disingenuous) attempt to pay down the 1.5 quadrillion dollar black hole of derivative guys like Kravis intentionally created.
"Kravis EARNS his money."
Yeah right. Please, just stop talking.
triage911 2 years ago
Last I checked, Kravis doesn't sell CDS or credit. He invests in equity for his shareholders, ie. pension funds, whose shareholders in turn are primarily unionized workers with defined benefit programs. I haven't heard any of the retired workers complain about his returns. Not trying to start a fight, just making an observation
joehogan212 2 years ago
It's a credible point, but you have to take into accuont that the CDS/derivative boom was caused in a large part by the fed's monetary expansionary policy in the first place. And the proportion of the current expansion which has a "corrective" aim vastly exceeds any expansion needed to bail out Wall Street. IMHO, financial deregulation was just putting fireworks on the bonfire - but the bonfire is monetary/fiscal liberalism.
MJMedin 2 years ago
I agree, but the Fed & it's derivative addicted counterparts on Wall Street are exactly that - counterparts. You're making a huge error in separating the two. These guys all come from the same elitist clubs and think tanks. They are close allies & (aggressively) play on the same team.
Liberalism isn't the villainous ideology here (although it is a lesser villain). The real threat is globalism. If you don't yet understand what that ideology truly means at it's core then you have a lot to learn.
triage911 2 years ago
I think you're being a bit paranoid. Recognition of what seems to me to be the obvious fact that expansionary monetary policy leads to asset bubbles is rare even in the academic sector, in my experience. And economists aren't driving ferraris.
And I meant liberalism in the sense of "expansionary", not the political sense.
MJMedin 2 years ago
"Isn't the only hope for the planet that the industrialized civilizations collapse? Isn't it our responsibility to bring about?"
- Maurice Strong
Paranoid huh? Like I already said, bankers and oligarchs don't think like you do.
The massive expansion of monetary policy happened intentionally. The Fed, Greenspan, Summers, Rubin, and other Trilateralists knew exactly what they were creating when they invented derivatives. The sub-prime bubble was no different.
triage911 2 years ago
It is genuinely disturbing how many people suddenly believe in this nonsense. You are being manipulated and played - but not by evil cackling financiers in a cave somewhere - by the crude fraudsters who take your money and tell you outrageous lies.
MJMedin 2 years ago
The financiers aren't in a cave somewhere (no wonder you are confused). They work out of the BIS in Switzerland, the World Bank, and the International Monetary Fund, and those three organization have their people planted in the Fed and Wall Street. It's all the same ball of oligarchical wax. Half a dozen US presidents have already told you in plain English that banks run this country, so please stop with the childish conspiracy talk of boogie men in caves. We both know that's not how this works.
triage911 2 years ago
The bankers who control our society wanted massive expansion, virtually no regulation, and free and easy credit flowing in all directions. Just borrow like crazy, speculate like there's no tomorrow, and SPEND SPEND SPEND! Gee, I wonder what they anticipated the outcome would be. It was all a set-up.
Honestly, this isn't that hard to figure out.
triage911 2 years ago
Er, no - a combination of desire of politicians to get re-elected (i.e. not to tighten monetary policy, which is always politically unpopular in the short-term, and a genuine belief that financial regulation did more harm than good - specifically because of Greenspan's well-documented and genuine scepticism about the ability of government agencies to identify specific asset bubbles - led to disastrous economic policy choices. But it wasn't a set-up.
MJMedin 2 years ago
If I'm so dead wrong about this, then please provide even a hypothetical explanation about how nearly 2 years ago Lindsey Williams (Google him) knew oil would drop from it's then price of $147 per barrel to under $50 dollars 4 months before it happened.
Answer - one of these men (who u think don't even exist) told him in advance that THEY were about to begin openly destroying
the world economy, & that the collapse would hit hardest first in the Arab nations as oil prices plunged...BY DESIGN!
triage911 2 years ago
I don't need to provide an explanation - there have always been people who were very good speculators and better than the average person at seeing economic trends developing.
You really don't have much of a sense of irony, do you?
MJMedin 2 years ago 2
So he was just speculating based on trends? Nevermind that last July there wasn't a single trend on the planet that suggesting anything close to oil dropping from 147 to 50 dollars in 3 months. Nevermind you won't find record of another human being on the planet that predicted this event. Sure, it must have all been a big lucky guess. A guess based on...what again?
triage911 2 years ago
@triage911 Well, you can look at the short interest on oil positions for the months leading up to the price decline, and I am sure, without a shadow of a doubt, that a substantial number of "other people on the planet" accurately gambled that oil would fall, though they may not have anticipated the extent of the fall.
MJMedin 2 years ago 2
Nope. You're dead wrong. Everyone was anticipating a rise is crude, not the other way around.
I think it's funny how you initially pretended I was the one endorsing fairytales, and here you are openly making things up as you go along.
There's one reason and one reason only that Lindsey was able to make that prediction three months before anyone else could have guessed it would happen. THEY told him THEY were about to bankrupt the Arabs. Period. It was THEIR plan, and that's why it happened.
triage911 2 years ago
Forget irony, you don't have much sense of discernment do you?
Only someone who is extremely thick in the head would even suggest that Lindsey Williams was speculating...about anything. You clearly have no concept of how important he is. In 35 years this man has been fed inside information from the elite themselves only about half a dozen times. None of it, EVER, has been proven wrong.
You probably didn't even look him up. After all, you already know everything so why should you?
triage911 2 years ago
Bankers and oligarchs don't think like you and I do. Destroying the United States economically isn't something most people would ever suspect our leaders would do intentionally. Nonetheless, that is exactly what is happening. These people want a one world society, and before they can have it America has to be re-engineered in a big way. How much luck do you honestly think they would have trying to do that out in the open(?) - hence the current crisis.
Problem + Reaction = Solution
triage911 2 years ago
Yeah it's time to read KARL MARX !!!
IncLogic 2 years ago
as usual the people who should be making 58 grand an hour should be the teacher..and nurses.but off course the rich white asshole gets it all...America home of the brave land of the fee. special place in hell for greed of that magnitude.
starwars789 2 years ago
Then go there please!
Srath79 2 years ago
Sorry, not gonna happen. I'm part of this country. I don't have to leave 'cause a couple of assholes have figured out how to legally rip people off.
Maybe you should defend a less controversial entity like AIG--they only caused a recession.
wingatei 2 years ago
Way to go man, keep it up. I only hope that I can make that kind of money someday! I am glad that I live in this country where that is possible.
This video was created to stir up hate for people who have succeeded! We as a people shouldn't be mad at this guy. We should be trying to emulate him.
I suppose we should be trying to take away his wealth, so that we can give it to the people who "really" need it. Hmmm that sounds like socialism, doesn't it?
Srath79 2 years ago
Henry Kravis is a Bilderberg minion who gets inside information from his elitist pals who rig the markets via the Working Group on Financial Markets, and also by employing huge firms (especially Goldman Sachs) to "front-run" the markets using PROMIS software. This way they all can more readily engage in speculative derivative gains.
Henry Kravis is rich because he's an insatiably greedy criminal, not because he's hard worker...or whatever else you were suggesting.
triage911 2 years ago 2
Your argument is fueled by envy. Really, what is it like to go though life hating others that have "made" it. You may have some valid points, but when you taint them with jealousy it defeats your argument.
There are a lot of people who make money doing others wrong, but you chose to hate this guy because he's one of the richest. Do you have the same hate for child molesters, rapists, or murderers?
Why don't you have the same disdain for the government? They are after all the biggest pillagers
Srath79 2 years ago
Trust me, I don't envy evil people. I chose to pick on Henry Kravis because that 's what this video is about. Ranting about something (or someone) else in the comment section would probably appear unrelated, yes?
As FDR once said, there's a financial center that rules the government, & Kravis is part of this hierarchy. The guy is involved in bankrupting the country through the ponzi scheme that is the derivatives market. You'll hate him too once your dollar crashes (if you can figure that out).
triage911 2 years ago
People should harbor a special disdain and distrust for extremely wealthy people of poor character and nonexistent morals. Why? Because they have millions (or billion$) of times the capacity to do evil. Kravis and men like him have caused (and will cause) untold damage to humanity on a mass scale through their financial scams and black operations. What is essentially the bankrupting and taking over of the world IS a crime against humanity. I wouldn't be so quick to defend these men.
triage911 2 years ago
With all that said, making 50K per hour isn't something I would turn down. Unlike the greedy pig in this video however, I would not spend it all on myself. He should use his wealth for something noble. Andrew Carnegie said it's shameful for a rich man to die wealthy. I'd be willing to bet Henry Kravis is going to die pretty damn wealthy.
triage911 2 years ago
ma come fai a dire una cosa del genere!??!? hai visto che fine ha fatto l'indiano furbo? quello dell'hedge fund galleon??? STA IN GALERAAAA!! Le persone si inventano queste stronzate per giustificare i propri insuccessi
FrancescoFs101 2 years ago
hopefully someone ransacks that motherfuckers home in the Dominican
AEJAVITAS 2 years ago
$14.27 a second!!!
hammondified 2 years ago
Greed - Isn't it great!! We Americans have taken one of the 7 deadly sins and not only made it a desireable trate but we've even adapted it as a social system. "I Love This Country"
fistoknuckle 2 years ago
This is a very one-sided video. Does he make a ridiculous amount of money....yes. Does that make him evil...no. Think of all the people he employs; his maids, butlers, concierge. maintenance, the contractors who did his $25mil+ renovations, his drivers, etc. etc. etc. Wealth is relative. A $65,000 watch to him is like a cup of $6 Starbucks to someone making $40k (do the math). There are people in other countries who look at our $40,000 salaries and $6 coffee and think we're rich.
asdf52535 2 years ago
but he cuts benefits for people and lays people off, from the companies he buys... the point is the guy doesnt do SHIT.. he should put money towards social programs and helping the unfortunate.. but he doesnt, he just wants all the money for himself.. fuck him, the world would be a better place without people like this..
AEJAVITAS 2 years ago
Comment removed
momentinpassing 2 years ago
The issue isn't his wealth. The issue is that he creates nothing of value whatsoever to acquire it. What he does with it afterward is after the fact. He destroys wealth in the true meaning of the word, to take a portion for himself, banksters, and probably politicians who take kickbacks. Creating jobs after laying people off, paying people less, reducing the quality of service, reducing property values, reducing the income and property tax bases, etc, is clearly of net detriment. He's a pirate.
momentinpassing 2 years ago
Of course, pirates create jobs too.
momentinpassing 2 years ago
minimum wage only increases unemployment - it only forces everyone whose skills don't warrant $10 an hour to lose their jobs or opportunity for employment. When it was first instituted it was racist because it deliberately caused a large amount of African Americans to be unemployed and led to many riots. Read up on history.
MadPutz 2 years ago
Deceptive nonsense. If you're earning little & your expenses are high, you almost always pay next to nothing or even nothing in taxes. 32% of Americans who filed a tax return in 2004 ended up with 0 liabilities after tax credits. If Kravis receives a large salary he pays a shit load in taxes. If he makes his personal fortune buying and selling stock in the companies he acquires he'll be paying capital gains taxes (15-20%). Kravis works in a skill intensive industry, & has EARNED his money.
AgentMikeScott 2 years ago
wow kravis sound like a total dick head
kidq26 2 years ago
haha, cry more. Kravis was a pioneer, stfu and go pack some more bananas.
wrathza 2 years ago
War on Greed ... bullshit - anyone who complains about greed is just as greedy themselves. Otherwise the complainers wouldn't care. Gandhi was happy with $0 a year. Crybabies.
Individuals control their own life - complaining about the success of others makes you just as greedy as the supposed "greed" you are raging against . Imagine living in the most indigent parts of Africa, in a world with no commerce... that is true suffering. The poorest Americans live quite well in comparison.
MadPutz 2 years ago
your such a fucking moron it's unbeleiavable. what a non sequitor argument.
macwild1234 2 years ago
Lesson in english - you're, not your - fucking moron.
MadPutz 2 years ago
right, because thats the only defence your dumb ass can conjure. Making fun of the other person's spelling over THE INTERNET. Very useful to the argument. Lol....you make me laugh, really.
macwild1234 2 years ago
Ah, macwild, you started this so called "argument" by merely muttering an ad hominem attack combined with a simple vague label of non "non sequitur". You didn't in any way address my philosophical argument in a manner suited for debate. Until you can decently debate against the thesis that envy, jealousy, and class hatred ultimately stem from the psychological emotion of greed you should get off your high chair.
MadPutz 2 years ago
"Gandhi was happy with $0 a year. Crybabies." No amount of intellectual footwork will ever back up that retarded statement. Sure, you can articualte and act like a smart ass, but your still fundemantaly a moron. You and all the capitalist elitist assholes like you are the reason America, today is in a shithole. You sit on your fat asses and watch profit come from the money you earned by screwing other people over and your too incompetent and or downright apathetic (greedy) to fix it.
macwild1234 2 years ago
Don't like credit card fees, pay your bill like you agreed to when you took out the card. He employes people. You Don't. He's smarter then the single parent with three kids. He's smarter then the audio tech bitc*ing about crediot cards.
paymenow74 2 years ago
hey Henry give me some money
joshw1987 2 years ago
its a small club and were not in it...the only way to peacefully beat them is to become as close to being 100% self-sufficient as possible... i can tell you how to do everything your-self, off the grid, from food, to beer, wine, electricity, bricks, glass, houses, plumbing, soap, etc, etc... even on land as small as half an acre... it, at first, will still take some money, and use of technology. they rule because everyone wants the 'easyway' out..., but they only give us the hardway. i can help
survival12345 2 years ago
what a douche..
TuLiPPa123 2 years ago
This comment has received too many negative votes show
Kravis is a Jew right?
aped 2 years ago
FU%K Henry Kravis
jamil316 2 years ago
Comment removed
bartholomew95 2 years ago
Good for Henry Kravis. More power to him!!!!!!!!
whodat121980 2 years ago 13
Comment removed
bartholomew95 2 years ago
Of course rich people don't pay high taxes..that's left to all the poor folks who don't know any better.
All I'm reading is a bunch of bitter, poor people who pay waaaay too much in taxes. Folks, there are legal ways around that, if you do your research.
For once, stop complaining and do something about it. Read up on tax laws and educate yourself in the ways of your money..learn to invest properly..
It's YOUR money..take charge of where it goes..
propagandagroup 2 years ago 13
This comment has received too many negative votes show
Taxes are just a way of keeping everyone outside the ruling prep school clique from ever getting on their feet enough to become competition for people in the clique, like Kravis.
TheLogicJunkie 2 years ago
Boo Hoo Hoo - Wah.
paymenow74 2 years ago 2
Around 50% of Kravis' income is taxed because he is in the highest tax bracket. Over $200 million to the government a year. How much taxes do you pay?
MadPutz 2 years ago