Jamie Dimon: Hate Immigrants Not Billionaires

[@TheYoungTurks]

Help LA rebuild: go.tyt.com/redcross go.tyt.com/worldcentralkitchen

[@henrythegreatamerican8136]

Did you see the quarterly profits of these financial instructions released today? I won't spoil it for you. Go take a look and see for yourself.

[@luisdavidllense2293]

Just like the parasitical aristocratic class of the past, there is absolutely no reason for the existence of billionaires.

[@mariegumpel4955]

Yep and if you disagree with this mentality you might be labeled a liberal and a narcissist instead..

[@WeirdenGilling]

Leslie Stahl has been 70 for 30 years

[@Abby-hi4sf]

Can we say the economy is growing only for the top one percent of Americans. But the inflation is starving 99% of America,

[@mariegumpel4955]

you might be branded as a liberal or a narcissist for disagreeing..just sayin..although you might be correct in your observation..

[@Abby-hi4sf]

@@mariegumpel4955 . The division liberal, vs conservative is helping the billionaries. Imagine America entire 340 million citzens GDP for 2023= 27.36 trillion when only 1050 billionaires not even one percent, had a wealth of 5 trillions? So he is right when he said the economy is good for him.

[@rogerforsythe5310]

And inflation is caused by government which you love

[@Abby-hi4sf]

@@rogerforsythe5310 Our government is serving the big donors. Hedge funds are buying properties and hiking home price. Groceries run by corporates are hiking price, with the help of bribed (campaign donation). Health insurance are protected and allowed to deny life saving treatments. Both parties are not serving the people but corporate interest.

[@yeoshow1984]

Most billionaires seem sad, weird and creepy.

[@fjf6050]

That's because they have prioritized hoarding wealth over having meaningful relationships

[@silvertortoise3776]

Both are the issue. One is powerless. The other isn’t…. Hate the billionaires.

[@LawrenceCarmichael-tw4nl]

These billionaires got to be rich because of immigrant workers because they pay them peanuts.so yes I blame the billionaires.they are the cause because they want more.

[@stephenreade6433]

Ana is spot on. The economy should be growing based on the purchasing power of the majority.

[@pjtrant]

Remember when wealthy men actually gave their money to charities and institutions to enrich and help people? Andrew Carnegie comes to mind.

[@antclerfont8478]

So long ago. Too bad America produced too many self serving billionaires looking for cheap labor instead of paying for livable wages.

[@adriandj3141]

Ah yes, the dude cutting you grass and the lady cleaning your house they are the enemy, they have all the power not this corporate goon.

[@scotts1912]

Exactly. "Immigrants are dangerous! That's why I pay them to raise my children!"

[@HTownCharlieBrown]

Jamie Dimon should have been in a prison cell decades ago.

[@GeorgeSchneider8889]

@@HTownCharlieBrown 👌

[@IheartAorta]

Why not just retire if you have that much?

[@nosuchthing8]

Its the endless question. Why not enjoy your life.

[@hortenciac878]

Because they're greed knows no boundaries.

[@IheartAorta]

@@hortenciac878 maybe. I would just retire off 1 billion.

[@IheartAorta]

@@hortenciac878 That is pretty greedy. I thought it was to help others.

[@darkhorseman8263]

Projective defence and the shifting of object. Shift the blame on to 'The Other' this is how Narcissists and Psychopaths always get away with their corruption.

[@benjaminbrenner745]

"The wrong part is that the bottom 30% didn't do better..." Wow.

[@Shelly-c3i]

Corporate welfare worked well in the past 10 plus years. Not so complicated!

[@seanpatrick1243]

These are questions that are becoming more and more rare on TYT as well, where all problems seem to be blamed on the homeless or immigrants these days.

[@Arbognire]

The problem is the money supply hasn’t been ‘trickling down’ but, rather, it has ‘flooded up’❕

[@mariegumpel4955]

jamie diamon proving once again how out of touch he is with the masses..

[@pjtrant]

He treats his employees like crap too, ousting American workers for Indian workers because they are cheaper. Big on H1b too for the same reason.

[@HiddenPerson77]

@@pjtrantThat’s the reason people like him are billionare. Using slave wagery.

[@richardpvancouver7520]

Here in Canada we have limits on political donations (even caditates own money ) Its called democracy! But everything is for sale in America !Justice too!

[@hikingwiththedog6078]

Yes, Canada is superior. Good reason not to come to the U.S.

[@MrScottnutt]

This is why the world needs more Luiges and less billionaires.

[@kevjackson1451]

When will the people demand a different system, where the wealth is shared with those at the bottom? It doesn't have to be this way

[@MarcoBonechi]

Luigi changed things. And you guys kept saying he did the wrong way.

[@federalreservewolflegend3523]

Viva Luigi...... Run Dimon........run!!!!

[@danielvicente9398]

@@federalreservewolflegend3523😂

[@deviantmultimedia9497]

5:16 I love Ana. She doesn't have all the answers and she can be misguided at times but those things apply to us all. What sets her apart is her unique ability to apply the same amount of scrutiny to her own work as she does to the works on which she reports. Ana is special because rather than doubling-down on her error, she reports on it-the same way she would report on anything else. She puts that energy back into her craft, bolstering the quality of her work and the purity and trustworthiness of her opinion. It's a cycle that will never fail her, and in time, will not fail the public. _These_ are the qualities of an *excellent* leader.

[@0062513]

Absolutely! Truly a women that society can follow. Ana’s running for president would END sexism! 😂 I jest. But truly 😂 Ana is the GOAT

[@henrythegreatamerican8136]

Ah yes, just grow the economy to lift the boats of all americans. Been hearing that for decades. The economy has been growing just fine. Only most boats are sinking because that growth never trickles down thanks to people like Dimon.

[@danballard7405]

Hate Immigrants and not billionaires? Billionaires are fools that are playing with danger.

[@jobycat]

Eat the rich

[@williamfergusonbrown1996]

One of the best tyt videos for a while. Keep this stuff going and those of us who are concerned you are turning into dave rubin and jimmy dore won’t complain anymore

ya, stop telling the truth or the cult might get mad, lol

[@Shelly-c3i]

Too big to fail from the 90’s still kicking in.

[@michaellong9214]

Agree, the Commodity Futures Modernization Act of 2000 created a system of infinite systemic risk.

[@tonylouis6072]

Gilded Age 2.0

[@GhmhhmgBgvgh]

Kleptocracy

[@KathrynDuda-h5y]

The risen billionaires should be made to pay back the working class fair wages of $100,000 a year, nothing less. Minimum wage shouldn't be less.

[@briang-dr2xz]

Tell Jamie Dimon to QUIT buying all the fing housing stock! Home ownership is the only way we the people can realize the American dream.

[@mehmettemel8725]

It's not just American it's every bodies dream no matter where in the world you live. Here in OZ the saying was "great Australian dream" but getting harder and harder.

[@AAMM101]

Here's the next Luigi pick. 😊

[@GeorgeSchneider8889]

CEO to worker pay ratio 🇺🇸: 1965 : 20.4 1975 : 26.6 1985 : 50.5 1995 : 118.8 2005 : 318.4 2012 : 371.7 2021 : 389

[@felix0749]

Why you guys don’t talk about what caused this? Dems passed Civil Rights Act and Voting Rights Act in 1964 and 1965. After that they started pursuing white liberal and black-brown votes.

[@LiangYong-k4c]

The 2008, bail out is a huge transfer, regardless of the left right divide.

[@tuber6382]

Don't blame immigrants Don't blame China Blame billionaires Actually don't blame billionaires Blame Capitalism that creates billionaires

[@ceeceeh6484]

The same immigrants billionaires are hiring 😂

[@markremy4946]

More billionaires than ever in the USA.More homeless and dirt-poor in the USA at the same time.

[@IM125]

Chase’s NET income for last quarter was 14 billion, up 50% from last year according to Jamie Diamond himself.

[@caseyshaunthomas]

What’s changing for corporate media is there are more billionaires entering the world and these people are starting to feel poor hahaha.

[@garwynrosser8907]

Innovation in AI sounds fantastic... But it's not like it's going to improve my life. To be certain it's only going to be used to actively improve the lives of the ultra wealthy. AI won't close the class gap.

[@philliphessel6788]

It will do just the opposite. The aristocrats who own the robots thereby don’t need to pay human workers, and so don’t need to offer goods they themselves can’t consume to get back money to buy the luxuries they really want. Taken far enough, that makes capitalism itself outmoded and medieval style command economy an efficient “cutting out the middleman.”

[@philliphessel6788]

2nd try to get past censor: If cap it all lists own the robots, then it will only increase the gap back towards reversion to a basically medieval form of hierarchy and economy.

[@NtrnStrBlckHlDrkMttrNEnrgy]

Rich getting richer and poor people getting poorer

[@rogerforsythe5310]

That's an economic fallacy. I do not get poor because you get richer lol.

[@jimmytimmy3680]

It's called Burgoiseie owning all the Means of Production.

[@kidssport8167]

Cheap labour is key for them

[@RogerPitney]

The mindset of the rich thinks the poor are irresponsible and therefore should not have riches.

[@georgeglass3680]

Everyone in America can have riches.

[@RogerPitney]

​@@georgeglass3680 if everyone in America had the same amount of money today in less than a week it would be back the way it is today😂

[@georgeglass3680]

@@RogerPitney That will never be a problem. There are two types of people. Those with ambition and drive, and those who complain about being poor.

[@RogerPitney]

There are as many attitudes as there are people but all are precious especially to God.. True profit is the food and shelter that the world provides and should be shared by all regardless of ambitions

[@ValricP]

Dimon should be the first to go.

[@jer-in-ch]

French Revolution ignited after blocked political discussions on right of vote and on taxes. Country debt became excessively high - but the "elite", the aristocracy and clergy did not have to pay taxes, was not willing to accept any change.

[@georgeglass3680]

Is that what turned them all gaay?

[@philliphessel6788]

The wealth gap has dramatically grown over the past 40 years, because the already financially privileged in income inequality were able to invest their excess in purchasing ownership of capital yielding more income. The most lucrative return on investment has been in bribing politicians, but to leverage that requires ownership not merely of a pile of currency but also of some form of income generating capital. A Federal Reserve datum a few years old indicated that the top 1% of households in the United States held 30.9% of the country's wealth, while the bottom 50% held 2.6%. That almost 600-fold difference per capita occludes the still greater gulfs between the majority and the richest one in a thousand, then the richest one in a million. That last is roughly the upper 3/8 of billionaires, the almost 800 of which in 2022 had seen their combined wealth grow by 50% during the COVID-19 pandemic (which for the working class was basically a recession).

[@francesantonacci1465]

1 Timothy 6:9, 10 …For the love of money is a root of all sorts of injurious things.

[@soccer21928]

Going to go out on a limb and say Dimon said so such thing

[@Akeem_768]

I agree with Jamie, the markets are there for everyone to participate. We don't share in the risks these rich people take so it's asinine to think we're entiltled to the same level of reward

[@wookinooki9023]

When they crash, Taxpayers bail them out.

[@66zebulon]

Not only that, we don't deserve healthcare, an affordable place to live or enough clean water to drink. Who do we think we are, anyway?

[@bigsweetc6]

What risk?! The government helped them merge and bailed them out with tax payer money when their risks fail. Regular people just lose retirement and homes. How can you defend these people?

[@rogerforsythe5310]

@@wookinooki9023but you continue to elect people who take bribes and favor others

[@rogerforsythe5310]

@@66zebulonyou don't deserve any of those things. So I can just sit on my ass and do nothing all day and you'll provide for me. Wow what a prescription for being lazy.

[@dancer24hrsallmylife23]

Not only is the money that they give to the government huge compared to what most Americans make, but the even crazier fact is that these giant million plus dollar donations are almost Pennie’s to these people.

[@gordonkachuk5457]

Well said Cenk.

[@miguelaguirre6980]

It shouldn't be this easy to go from millionaire to billionaire. It's obviously rigged

[@rogerforsythe5310]

You think what Steve Jobs and Elon musk did is easy??? lol show me

[@jordanl2131]

@@rogerforsythe5310work on your reading comprehension then try to read his comment again

[@rayclark7963]

Resources in excess of ones needs is a broken mental condition.

[@rogerforsythe5310]

A mental condition is deciding how much people are allowed to earn. Communism makes everyone poor and btw Jeff bezos creates 10x the wealth for consumers, far more then he is worth

[@ronaldrollins1558]

I hate billionaires I expect 25 k thumbs up.🤓

[@GeorgeSchneider8889]

The United States is a low-tax country Compared with other nations in the Organization for Economic Cooperation and Development (OECD), the United States ranks 32nd out of 38 in revenue as a percentage of GDP.20 But it’s not just that the United States is near the bottom end of revenue; it is nowhere close even to the average. Over the CBO’s 10-year budget window, the United States will collect $26 trillion less in revenues than it would if its revenue as a percentage of GDP were as high as the average OECD nation. When compared to EU nations, that number rises to $36 trillion. (see Figure 2) In contrast, the $289 billion projected revenue increase in the Inflation Reduction Act21 still leaves the United States ranking 32nd out of 38 OECD countries

[@MarjorieParaison]

Jamie Greeeeeedmonnnnn

[@RiversidePO]

Dimon should have been prosecuted along with others who Obama felt was not necessary to do so but he felt that looking and moving forward was. Sound familiar with recent political aspirations of the establishment, corporate Democratsl

[@pn312]

The Supreme Court said that money is speech. For billionaires, their bank accounts can speak volumes. If millions of dollars are pocket change for these billionaires, they buy the legislation that serves their interests.

[@danfarkas5375]

"I don't know what wrong with the other end." It's because he doesn't think it's a problem.

[@clivecosta-correa2102]

6:31 "I don't know what's wrong at the other end." More like 'I don't care what's wrong at the other end....'

[@victorleinberger8837]

I think the disconnect as to why the average American doesn’t furiously ask to raise taxes on the rich or adjust tax policy is because, in my opinion, the media doesn’t do a good job of explaining how the additional taxation of the rich will benefit the average American and the overall economy i.e. balancing the budget, additional resources to veterans, increases to child tax credit, etc.,

[@ccatarinajm7114]

Marx was right. It's not because his "uprising" didn't happen in an explosion like he predicted, that he was wrong. The uprising is happening in a different form - with the strikes in France or the strikes in Hollywood, or in the automobile industry. In his day and age Marx could not have imagined the social laws that would come into existence over the course of a century like breadcrumbs to keep us calm. Now, at least in Europe, there are barely any breadcrumbs left; so they turn to distractions to set us up against one another, using immigrants, different religions, lgbtq, trans athletes, and who knows what they will come up with next. Don't be beguiled, there are still only two classes: the bourgeoisie and the proletariat, or in more modern terms: the haves and the havenots. I believe that in the end we will either destroy ourselves through war and natural disasters caused by climate change, or we will reach a form of equality similar to - though probably not exactly like - what Marx described in his communist manifesto. People act as though socialism and communism are bad things, but just like most Americans who scream about the constitution have never read the damn thing, those who screams bloody hell about communism have never read Marx' manifesto. At best they just look at alleged communist countries. However, there has never been a real communist country the way Marx envisioned it. Russia, right from the start, was actually a dictatorship. How to tell? Who's in charge and how do they "reign"? The sole fact that you can actually name a single person and can point out horrible things they do in each timeframe, tells you enough. Stalin back then, Putin now, Mao in China, Castro in Cuba - and don't ever even think of North Korea as "communist". There has never been anything communist in the Kim-dynasty-led North Korea. Before you start screaming bloody hell now, read Marx' communist manifesto.

[@1Tane55]

He go a $26 Million Bonus after the Bailout that they needed to keep from going Broke. J. Diamond Is The Problem!!!

[@LiangYong-k4c]

Warren Buffet manufactures nothing.

[@ethanmaloney7377]

hahahahaha we are not falling for it again! The billionaires are scared and they should be they are not safe.

[@isidrokhia2337]

Don't care how much they double or triple their wealth. As long as they pay their fair share or more in taxes! In times of crisis, like the California fire, they should give more, more, and MORE!! BUT DO THEY??

[@vijesh2258]

There's a bunch of ways the economy is inflated... I don't disagree but stock buyback aren't one of them. Maybe "inflated" isn't the word you were going for

[@NURREDIN]

Spoken like a true Euro-Colonialist.

[@DarahanDhesi]

In the Middle East there is a law that all people who wish to work there and deported once the contract is over

[@fallonmassey4714]

*Think Sports! You win a Championship, then to get back there, you have to compete all over again! That's not happening in our system & that's the problem because it suppresses talented people coming along in the pipeline!*

[@nephilymbass1]

I believe that if you work harder than the next person you should make more money than them. But let’s get real. These guys like Musk, Bezos, and Zuckerberg do not work that much harder than doctors and nurses. I bet none of them would last a week in my job, they’d cry about standing up for 13 hours the first damn day.

[@1jaedan]

meritocracy sounds great in theory but how would you define value in job fields like software and artistry for example? not saying that nurses aren't being underpaid though because they absolutely are

[@jackied962]

Hard work is meaningless. Pushing a rock up a hill all day is hard work, however it no one is paying you to do it, it has no value.

[@LMLewis]

Why did Stahl finally ask a challenging question Jamie Dimon? I'm calling it "The Mangione Effect." Reason and the welfare of others means nothing to oligarchs like Dimon (obviously). They care only about protecting their wealth and safety. Luigi Mangione's alleged crime and, perhaps more, the public reaction, suggest that oligarchs are pushing their luck if they continue on the current path. Stahl has to stay abreast of that kind of domestic news, but Dimon must read only financial reports.

[@TheJayster571]

Maybe dimon will bite the dust too😂

[@vincentrockel1149]

Jamie should be in jail, not on television.

[@UPDATEMAN-e5l]

Trickle down economics does not exist because rich companies only hire you until they want to fire you or until your company is sold to a bigger conglomerate which then fires you to consolidate both companies as a money saving scheme. That proves billionaires are not thinking of your economic well being. They are thinking about their bottom line in profits and not your long term financial stability. Southwest Airlines is one of the few companies focused on retaining their employees for decades and are not trying to branch out and overtake other companies. Thus, creating job stability for their employees. A rare benevolent company. Other airlines like Delta will kick paying passengers off flights just before take off and charge crazy fees. The U.S. billionaire megalomaniacs are more like Delta.

[@Youtuber-xs9cp]

Jamie Dimon closest historical example will be the character Shylock from Shakespeare's Merchant of Venice. Iam not saying he is carbon or saying Jamie Dimon is pure evil or pure angel. He just many characteristic that are parallel to that characters

[@williamnolan5650]

Darkness cannot drive out darkness; Only light can do that. Hate cannot drive out hate;…[fillintheblank]

[@katehis2]

And I say God bless every single one of them. And I only say this because a very close uncle of mine is one of them he just lost 16 separate properties in the LA fires and has not given it a second thought. Only now that's it's perfect time to grow bigger...

[@KurlandsWaterbeds]

Are you bragging about your uncle or ashamed of him !

[@petercini2022]

Classic error. The money supply is not limited. There is no fixed pie, e.g., his gain is not your loss.

[@bigsweetc6]

The money supply is certainly not infinite. And if it is not “limited “ as you say- well it’s certainly more readily available to a certain class.

[@NomadicTraderDesigns]

You sound like someone that thinks they're educated bc they watch Fox News 8+ hours a day. 😂 (Cue the 🐂 💩 response where you have some advanced economics/business degree when you probably work some non-managerial blue collar job somewhere 😂🤦‍♀️)

[@petercini2022]

@ i'm not sure what you mean, are you saying it a certain point there is no more growth? In so far as what is readily available, that's a very broad statement that doesn't have much meaning. If you are saying that making money is only available to a certain class, I disagree. I also disagree with the concept of belonging to a class I can belong to any class that I choose. If you don't acquire wealth through a career or entrepreneurial activities, you can do it by saving alone.

[@NomadicTraderDesigns]

@petercini2022 1. It's clear that you don't understand a lot and 2, if you think you can be a billionaire all by yourself without nepotism or collusion you're just proving my first point. 😂🤡🤦‍♀️

[@Ed12085]

Go get them, TYT!!!!

[@mattwhitely1067]

It might be unrelated 😂 he really said that.. but he said it in a way he knew it wasnt 😂

[@bobbytay167]

colonialism now evolved into capitalism

[@ricnyc2759]

I liked the interviewer. She's really going after it.

[@wookinooki9023]

Lol

[@IheartAorta]

lol nice billionaire impression.

[@fleabaglane]

Rich will pay only 15% for corporate

[@The_Superpack]

You should have caps on billionaires and future trillionaires of some kind whether they have to pay people a high minimum wage and they can’t own too much so no monopolies.

[@cs292]

That’s the whole game…and we are caught in tide tug of war like idiots..immigrants don’t hire them selves.

[@scottsummersreloaded4618]

I just got back from taking my dog for a walk. He popped a squat in the grass and dropped 3 jamies…

[@dolivas8923]

We’re getting to another Gilded Age… we’ve been here as a country before and we’ve solved it before.

[@alejandrofrade325]

Guess how you did it?? It has something to do with a guy with a funny mustache

[@dolivas8923]

@@alejandrofrade325good ol teddy but also many many other progressive groups and leaders who took the charge to bring down the monopolistic system in place among other things

[@alejandrofrade325]

@dolivas8923 oh no...he was more...german

[@grubbery]

Hey, Jamie and Ana are copacetic!

[@66zebulon]

As Dimon said in the wake of 2008, "We're doing God's work". Why isn't that good enough for silly liberals like us?

[@jackied962]

Theres lots of poor countries with very few, if any billionaires. Does that make the lives of people living there any better? No not really, they are still poor.

[@hikingwiththedog6078]

Good point

[@bobargoos9089]

1). Relax Chenk! I’m sure that you are doing better than most and not part of “us”. 2). Economics problem could do with both the wealthy funneling more wealth to themselves and the flood of immigrants (both legal and otherwise). What do you think that the price of goods / services will behave when there is a huge influx of demand

[@mariegumpel4955]

katie porter would disagree with him..im certain..

[@cjbautista-mendoza5917]

This is a great segment. Not being sarcastic. The primary anxiety of my past 15 years that I could never properly explain is realized

[@Skeemaskyo]

It's just not taxes. They have mynopolies on industries

[@wookinooki9023]

What a name.

[@garyhenry3735]

Stocks are for the rich to hedge against the lower value of the dollar.