I want to build houses and do some kind of rent to own-thing for people currently not able to get a mortgage. Quality properties, with low costs. You shouldn't have to be "lucky" to be able to own your house.
Definitely have a huge ranch dedicated to dogs and other animals to save. Honestly impressed at reality star Lisa Vanderpump for really making a difference by fighting the torture and eating of dogs at China's annual Yulin festival.
And I'd hand out laser pointers, cash, and photos of billionaires. They'd never eat comfortably in a public restaurant. Never walk down the street. Never shop in public. Them and all their heirs would be seen with little red dots until the end of their greed. Rise up, my fellows, for the polka dot future is at hand!
I want to open an LGBTQ+ safe house. Donate to my local SPCA. Drop $$$ on random small artists/creators. Give to the people who mean the most to me. And do the usual get out of debt stuff.
First I would pay all the kids in my states school lunches for a few years, then the local soup kitchen for a few years, then buy a Batmobile,...yeah I have priorities
I would open up free medical clinics. Then I would concurrently short the stock of my "competition" in order to destroy them. But the wealth created would allow me to buy them up. Eventually I would just sell medical services at cost without zero markup (to be able to continue in perpetuity). Basically I would destroy the entire for-profit medical system.
Okay, so, when I was in Colombia they had juice drinks everywhere, more than soda fountain drinks. You could get your fruit of choice in water with ice.. but.. they also had milk as an option, and let me tell you fruit juice with pulp + milk + ice is so fucking good. I very much miss guyaba en leche.
Mine would be to buy land, open up a racetrack, engineering summercamp and tutoring school all on the same property. Pacific Raceways near me is just plowing trees to put in business warehouses for leasing out to mechanic shops. So blandly capitalist.
My grandmother in law actually did that -- had a fuckton of good land and donated it for a park instead of selling it for millions. One of her daughters never talks to her again because she expected a huge inheritance.
I’ve always dreamed of showing up at my step-dad’s work, and telling him he no longer has to work. Maybe I’ll send his bosses some ice milk from Uber Eats.
Really? Because I've always dreamed it showing up at my step dad's work telling him I bought the place and he has to interview for his old job then go about producing the most sarcastic and heart crushing interview of his life before telling him that we've decided to go in another direction.
Yep. If I woke up a billionaire tomorrow I'd start setting up trust funds for some of the most meaningfully positive mentors and friends I've had over the years, and hiring someone to track them all down and get them access to said funds.
I would buy Trump Tower, kick everyone out, convert the entire thing into decent residential space and rent it out cheap AF to the poorest, non-whitest, most immigrant-y, non-English speakers I could find.
I like to think I'd get a consultation on how much I would need to live in comfort and worry free for me and my family, add 25% to that number ( to do weird shit like buying my childhood hockey team) and then be Charity McMoneybags with the rest.... But money corrupts, so who knows
Yeah, thats the ticket. Give it to people covertly, and say you were sent with it. You get to enjoy giving it, but it adds mystery. Say a new weird line every other time. FUN
Start a *free* “subscription meal service” for the housed , but food insecure who have food allergies/intolerances etc. they can go online, and select their meals for the week and we’d send it to their house. Like blue apron…but…charitable.
Honestly. I'd tell nobody, then start a business and hire me and all my favorite ex-coworkers, so we could all hang out again, but this time, there'd be very little pressure from the boss, and everybody would be able to work at the correct pace and make things the way they should be made.
I’d find the nearest orphanage and homeless shelter and buy the buildings. Then I’d charter a series of buses, all expenses paid. to send them out of town, then convert both the shelter and orphanage in to condos.
Create a charity to house and rehabilitate homeless, drug addicts, and homeless veterans. Then with the help of the rehabilitated veterans, instill camaraderie amongst all rehabilitees through community public works projects improving low class neighborhoods, parks, libraries, and schools. Foster the proliferation of easy access and destigmatized healthcare and mental care for any member of the charity. Incorporate wilderness training for camping into charity program curriculum.
yes! train them to be loyal to each other and their benefactor. teach them to march and shoot and fight and kill for me, their new god! then begin upgrading them with robotic parts! My own army of unstoppable cyborg soldiers! i'll remake the world into a utopia with immortal cyborgs as my foot soldiers. it will be GLORIOUS!!!111
Create an educational program on mainstream media that teaches kids about the kinds of people that need understanding. Characters that are autistic, have birth defects etc. shown in positive and normalized light.
Begin to offer firearm training for psychologically evaluated individuals. Incentivize firearm trained individuals to take conflict de-escalation courses. Create program to allow these individuals opportunities for security details at private functions. Offer riot control courses. Supplant local militias. End the plutocracy. Execute the billionaires publicly.
Helping people out is a lot of work at the start... I think of this a lot. Many people who are homeless or addicts or ex-prison... are those struggling with literacy or mental disorders, who may not have ID, like birth certificates or drivers licence, which stops them accessing help. Training them to help each other and helping educate them to a liveable level and getting them basic medical and dental care would make a phenomenal difference even before you get to your 1st step.
that is very expensive because you're competing with (bidding against essentially) other billionaires and billion dollar corporations so no, definitely not cheaper.
That's the right direction. But you guys don't understand that thousands of millions of dollars does buy the ability to change the system that created the debt in the first place
When the UK bought free all slaves in their empire, put themselves in debt for 150 years, and ended the global slave trade, that money didn't go to poor people.
Oh yeah, I would definitely start an altruistic debt company. Small debts instantly gone, larger ones called and asked if they can make tax deductible donation in order to buy more debt. This part is of course optional, and available whenever they like.
Please don't do it in Texas, Pennsylvania, and the Carolinas. Debt cannot garnish wages in those states, and medical debt barely even lowers your credit score.
Careful the act of forgiveness counts as income to the people who's debt you forgave. Now instead they own the IRS taxes that they still can't afford. The USA really knows how to take care of its people.
I don't understand this. Why? Are hospitals selling the debts cheaper to get some money at least? Or are they so overpriced that they will reduced it if you involve a lawyer?
When they come up with their prices they pretty much factor in getting paid fractions of it. Example on conversion a church just purchased 3 million of medical debt for $15,000 .
It's part of why an insurance driven healthcare is broken. The prices of medicines and procedures are artificially inflated because hospitals know that a lot of what they do ultimately won't be covered. As opposed to a single payer healthcare system, where what's covered and what's not is a lot more predictable.
Even Medicare for all would be phenomenal. Over 65 pay $164.90 a month and it basically covers everything not cosmetic related. Surgery's are like $150, no deductible.
It takes time and effort to track down every single one and pry whatever money you can out of their hands. Being owed X money is almost never worth paying X money for (that's the principal reason why loans charge interest). The exact exchange rate depends on lots of details. It being distributed over thousands if not millions of debtors is certainly one such factor.
So yes, being immediately paid only part of what you're owed in order to get the entire thing off your hands can be a perfectly good business decision, even without taking into account the fact that this is medical debt in particular.
Even better, if you're in the US, lobby/fund for price regulation in the medical industry by law. THe US desperately needs it. Teach a man to fish, and all that.
Pressure at a point my dude. Buy the right politicians for a fraction of a billion and you should see results. It's just a matter of outplaying the health insurance lobby, which ultimately usually means buying the politician (plus letting them know how popular they'll be with their voters for bringing down medical costs)
A billion dollars buys most of congress for one campaign cycle. A congressman isn't actually all that expensive in the land of large numbers and political campaign contributions.
I'd buy all the state level and federal level representatives and get them to pass universal health care, common sense gun control, codify roe v. wade, and then get them to pass term limits, removes lobbying, citizens united, takes all money out of politics, limits campaigning to 3 months before the election and provides a small stipend for all candidates for each race for ads. Ranked choice voting, End corruption by taking money out of politics. Also end qualified immunity for cops.
There aren't many options to get representatives to vote against their own self interests. Unless every single citizen is united in confronting political corruption through lobbying and special interest groups and money period, there's no way we can get politicians off the money teat. Pay them to cut off that route of corruption, and close the door behind them.
The problem is the disconnect between the voting public and the elected officials. They may be on the same page when they're getting elected, but as soon as they're in office and worried about their reelection, they get on the take, and people with money now influence directly their votes when it flies in the face of their constituency
The crazy thing is that if you did this, and called/mailed the person with the debt, they'd think you are a debt collector or a scam. I've though about this, because it's top of my list. Trying to actually figure out what the smallest amount of medical debt I can buy is, because I believe it sells for pennies on the dollar. If I could spend $30 to wipe out $1,000, I'd have a new hobby.
The main issue with that idea is I believe that even though you buy it for pennies on the dollar, you still need to spend thousands to purchase any debt. Also don't forget that in some situations (many?) debt forgiveness can be counted as income so you may stick people with a big tax bill
If you look up "END Medical Debt" or "Stop Medical Debt" there are nonprofits you can donate to to do this. Vet their practices before sending money of course. I've donated via thirdway.org
While heart-warming, that debt is already written off. With a billion dollars, you can buy a small healthcare provider and just run it as a charity for several years.
Exactly. Don't buy medical debt. I'd rather use half of that money to invest and then use the excess to run a foundation for preventative medicine. That's the major difference btw east and western medicine. It's why theyre healthier and living longer lives than Americans. Part of that is also due to more natural ingredients as well - why hot cheetos and most American snacks are banned.
I can actually just buy a small part of American stuff like reeses cups and poptarts at local stores here in NL, EU. But the people here are probably more aware of what is healthy or not and use things like sugar more moderately. We also combine that with unprocessed and natural foods that are way easier to get in the EU. Here a McDonalds menu is (still) more expensive than natural foods in the supermarkets. Its a luxury food here more or less.
I’m not saying providers are the problem. I’m saying a provider providing care for free (to the patient… bill insurance for all they’ll pay) will take a few years to burn through $1 billion, and that’s far more helpful than feeding money to debt collection agencies.
I do understand that, and I’m suggesting doing it intentionally and openly, with no pretense of charging people for care. It’s not any sort of permanent fix, but you can provide relief until the money runs out.
elinveronicap
I want to build houses and do some kind of rent to own-thing for people currently not able to get a mortgage. Quality properties, with low costs. You shouldn't have to be "lucky" to be able to own your house.
vodkaho
Well, the WHO said they could cure world hunger for only 4 billion, that's a worthy cause...
nanaeito13
I like ice milk. When you grow up in the south without air conditioning ice goes great in everything.
dirrrtypiratehookerrr
Definitely have a huge ranch dedicated to dogs and other animals to save. Honestly impressed at reality star Lisa Vanderpump for really making a difference by fighting the torture and eating of dogs at China's annual Yulin festival.
Penelelop
Animal shelter that is incredibly comfortable and fun for the animals. Buy land to devote to habitats. Save rainforests.
Penelelop
And scratching posts & cubbies everywhere for wild animals
freshthrowaway1138
And I'd hand out laser pointers, cash, and photos of billionaires. They'd never eat comfortably in a public restaurant. Never walk down the street. Never shop in public. Them and all their heirs would be seen with little red dots until the end of their greed. Rise up, my fellows, for the polka dot future is at hand!
PajamaStripes
I would send a reading of the entire bee movie script in to all my favorite streamers' media share streams. It would be glorious.
EmeraldLight
I want to open an LGBTQ+ safe house. Donate to my local SPCA. Drop $$$ on random small artists/creators. Give to the people who mean the most to me. And do the usual get out of debt stuff.
ClarkKentfield
First I would pay all the kids in my states school lunches for a few years, then the local soup kitchen for a few years, then buy a Batmobile,...yeah I have priorities
GuyPilot
I would open up free medical clinics. Then I would concurrently short the stock of my "competition" in order to destroy them. But the wealth created would allow me to buy them up. Eventually I would just sell medical services at cost without zero markup (to be able to continue in perpetuity). Basically I would destroy the entire for-profit medical system.
CorneliaXaos
Okay, so, when I was in Colombia they had juice drinks everywhere, more than soda fountain drinks. You could get your fruit of choice in water with ice.. but.. they also had milk as an option, and let me tell you fruit juice with pulp + milk + ice is so fucking good. I very much miss guyaba en leche.
Gremlynn4023
as a waiter, you don't need to offer me anywhere near that much money to be a chaotic little gremlin. like i'll still take your money tho.
DocWino
I like ice milk.
CaptainShrug
I'd start buying land where I grew up so I can save at least a portion of the fields I used to play in so that kids could still enjoy them.
Syrpynt
Mine would be to buy land, open up a racetrack, engineering summercamp and tutoring school all on the same property. Pacific Raceways near me is just plowing trees to put in business warehouses for leasing out to mechanic shops. So blandly capitalist.
AxeDropper
One of my lottery dreams is to buy a massive amount of land in my area and make it into an all-season multi-purpose park with it’s own trust fund.
goldensky
My grandmother in law actually did that -- had a fuckton of good land and donated it for a park instead of selling it for millions. One of her daughters never talks to her again because she expected a huge inheritance.
k98aj01
I’ve always dreamed of showing up at my step-dad’s work, and telling him he no longer has to work. Maybe I’ll send his bosses some ice milk from Uber Eats.
rojored001
Really? Because I've always dreamed it showing up at my step dad's work telling him I bought the place and he has to interview for his old job then go about producing the most sarcastic and heart crushing interview of his life before telling him that we've decided to go in another direction.
k98aj01
Alas, not all step parents are built the same.
LittleLebowskiUrbanAchievers
reichstein
The twist is that he doesn't have to work anymore because there is an assassin coming for him later that day. /s
k98aj01
Ha! I’d like to see that movie.
Blud4BludGod
Yep. If I woke up a billionaire tomorrow I'd start setting up trust funds for some of the most meaningfully positive mentors and friends I've had over the years, and hiring someone to track them all down and get them access to said funds.
LitheXD
Open tons of pet/animal sanctuaries and support all the people I love for the rest of their lives.
jalcantara88127001
I'd try to fix something in this God forsaken country. But I'm crazy like that.
ThatLoserTheFourth
But bro, bro, hear me out... ice milk
MrWigglees
Yeah, ice milk and just keep sending it. If you comply you get 100$, but if you refuse you get 500$. I didn't make the rules, I just follow them.
likuidlightning
I would buy Trump Tower, kick everyone out, convert the entire thing into decent residential space and rent it out cheap AF to the poorest, non-whitest, most immigrant-y, non-English speakers I could find.
SirChadwellHeath
But, buying TT means giving money to Trump. Buy all surrounding buildings, convert to waste, composting & recycling centers. Employ as above
MickyPain
I like to think I'd get a consultation on how much I would need to live in comfort and worry free for me and my family, add 25% to that number ( to do weird shit like buying my childhood hockey team) and then be Charity McMoneybags with the rest.... But money corrupts, so who knows
SugaryBonemeal
The saying is all "power corrupts" blah blah. Power/money doesn't corrupt, it just reveals who you really are.
digitreal
I would give everyone I came across $1000 and walk away.
drizztx
In $2 bills!
belly42
But what if they're only charging $500 for you to come across them?
digitreal
I'd triple it.
jalcantara88127001
That's a lot of come
LychFinderGeneral
You can't do that, you'll make them lazy and never want to work again! /s
keyblader1985
That's called prostitution, bruh
digitreal
Nah just giving rando people a surprise. No expectations in return.
ImpossibleAgenda
Sex work is work!
alsoAzrael
Boring! Instead, covertly hand them envelopes with 1000 dollars and tell them "Paulie the Gooch thanks you for your services"
digitreal
Oooh I like that.
ZOMGNO
Yeah, thats the ticket. Give it to people covertly, and say you were sent with it. You get to enjoy giving it, but it adds mystery. Say a new weird line every other time. FUN
Mybzor
Buy a SCOTUS judge.
Stanistani
Why not five?
SleepyHollowAppleTree
I'd tell you what I'd do man, two chicks at the same time man.
ButtTrumpett
Fuckin a
brbscience
hotrodny
TI99Kitty
Twrecks123
Start a *free* “subscription meal service” for the housed , but food insecure who have food allergies/intolerances etc. they can go online, and select their meals for the week and we’d send it to their house. Like blue apron…but…charitable.
WardSharlow
Honestly. I'd tell nobody, then start a business and hire me and all my favorite ex-coworkers, so we could all hang out again, but this time, there'd be very little pressure from the boss, and everybody would be able to work at the correct pace and make things the way they should be made.
TastyBrainMeats
Set up a trust to fund the New York Public Library, name it the "Get Fucked Eric Adams Trust".
forResearchPurposesOnly
I’d find the nearest orphanage and homeless shelter and buy the buildings. Then I’d charter a series of buses, all expenses paid. to send them out of town, then convert both the shelter and orphanage in to condos.
Fishkeeper
So, crime but legal. Got it.
redheadedrobot
W-where are the orphans going? >.>;;
EruditeAphrodite
Out of town.
tacotaco8288
Clearly to the farm. You know where parents take pets to help out the farmer
Ismellofhockey
IKEA meatballs don't grow on trees.
brokenturtle
What if they enjoyed it
AlexSomething
It may repair their bones and grow their teeth back too:
YourMotherApproves
Then you have the joy of watching them throw up
EzraFell
Create a charity to house and rehabilitate homeless, drug addicts, and homeless veterans. Then with the help of the rehabilitated veterans, instill camaraderie amongst all rehabilitees through community public works projects improving low class neighborhoods, parks, libraries, and schools. Foster the proliferation of easy access and destigmatized healthcare and mental care for any member of the charity. Incorporate wilderness training for camping into charity program curriculum.
TheRelevancyOfMyNameIsRelativelyIrrelevant
yes! train them to be loyal to each other and their benefactor. teach them to march and shoot and fight and kill for me, their new god! then begin upgrading them with robotic parts! My own army of unstoppable cyborg soldiers! i'll remake the world into a utopia with immortal cyborgs as my foot soldiers. it will be GLORIOUS!!!111
EzraFell
I mean, honestly that sounds more hopeful than most things you see on Fox News.
NappaTheFriendlyGhost
Create an educational program on mainstream media that teaches kids about the kinds of people that need understanding. Characters that are autistic, have birth defects etc. shown in positive and normalized light.
CallsignFatNinja
And then form a militia and overthrow the government?
EzraFell
I see you didn't read my second comment. But you got the gist of it. Lol
CallsignFatNinja
I got you bro. Let's get it rolling!
ZeRootOfAllEvil
That sounds like SOCIALISM! /s
kindpanda
Sorry, ineligible answer. The prompt clearly said "waste"
OneTheory
It's a waste if you're a republican
EzraFell
With the way Capitalism has been going, it seems like Charity is a waste of money in the eyes of rich.
nigglemaster
I've been watching too much Lucifer. I read all that in his voice.
SirBozlington
Ooh la la. Somebody’s going to get laid in college.
EzraFell
Begin to offer firearm training for psychologically evaluated individuals. Incentivize firearm trained individuals to take conflict de-escalation courses. Create program to allow these individuals opportunities for security details at private functions. Offer riot control courses. Supplant local militias. End the plutocracy. Execute the billionaires publicly.
SupernaturalReactions
ZOMGNO
Helping people out is a lot of work at the start... I think of this a lot. Many people who are homeless or addicts or ex-prison... are those struggling with literacy or mental disorders, who may not have ID, like birth certificates or drivers licence, which stops them accessing help. Training them to help each other and helping educate them to a liveable level and getting them basic medical and dental care would make a phenomenal difference even before you get to your 1st step.
Itslukus
You had me at execute the billionaires publicly.
Strategicgnomer
I'm still holding out for another paragraph.
EzraFell
Lmao. I audibly wheezed at this one because I didn't expect it. I'm sorry, I can't write another one after I throw the punchline out there.
SweatyNuts
I'd buy up as much medical debt as possible and then forgive it.
7Qo6
This is the US right? Wouldn't it be cheaper to just buy the politicians and buy the vote?
Argusdubbs
that is very expensive because you're competing with (bidding against essentially) other billionaires and billion dollar corporations so no, definitely not cheaper.
mydamnkidsdontthinkimfunny
Quicker to just buy some politicians and have them vote for Medicaid for all.
historycat
I'd buy enough politician (oh sorry, gotta be PC I'd "donate to enough politicians") to eliminate medical debt for everyone.
EggEggHeSaidEgg
While the sentiment is understandable, this isn't fixing the problem, it's actually buying into it.
Spectrokid
Thank you for sponsoring your neighbourhood hospital CEO's third Ferrari
Luccio
This would only incentivize putting more people in medical debt. Probably more effective to spend the money lobbying to make the system less terrible.
TerryToucan
Yeah, that's not wasting money though, which was the requirement
KittensForDays
This. 1000% this
JacktheKind
That's the right direction. But you guys don't understand that thousands of millions of dollars does buy the ability to change the system that created the debt in the first place
N0S4A2
tootallforthisroom
If only actual billionaires had as much sense as you.
Phaceteeth2
That's what most billionaires already do, isn't it so great! /s
SamuthNBS
But then you're still giving all the money to the insurance companies. Smash the system with your money, don't buy in to it.
afnoot42
Or start a decent pharmaceutical company
TheArtistFormerlyKnownAsTheBabyAteMyDingo
I love you
youareagreatguybut
No long term effect. Put that money to help politicians who support universal health care and/or to destroy those who oppose it.
zafner
You know where that money needs to go is lobbyists to put an end to the absurdity. Not that I'm optimistic about it
possibleprophet
Forgive it all by symbolically burning it in a huge bonfire. Everyone is invited.
Haemaelaeinen
Put the fire under a corner of White House.
BearsDontCare
Explain? The white house doesnt manage anyyhing like insurance. Congress can and refuses due to republicans and dinos
Onlyhereforthelaughs
Except the republicans, they've got their own bonfires. :P
SweatyNuts
StrangerRangerDanger
jubilee bonfire!
OmgOptimized
Insurance companies: "People can afford more debt again, tighten the thumb screws"
TheMostModestMouse
John oliver is that you?
Blank1612
So basically give it all to rich people?
doesntmatter
When the UK bought free all slaves in their empire, put themselves in debt for 150 years, and ended the global slave trade, that money didn't go to poor people.
SamuthNBS
We live in a different world now, mostly thanks to that, but also we can do better than paying the hostage takers.
Neilikka
So weird that a thing as "medical debt" even exists
Ialmostgotthis
The prompt was how would you WASTE money.
ThrowAwayAcct0000
Then do the same thing with student loan debt.
Heisanevilgenius
I would lobby for universal healthcare
carrotsonfire
Why would you buy medical debt when you can buy politicians to pass universal healthcare?
Bonesy84
Oh yeah, I would definitely start an altruistic debt company. Small debts instantly gone, larger ones called and asked if they can make tax deductible donation in order to buy more debt. This part is of course optional, and available whenever they like.
tinybartender
This was my plan for the $2 billion mega millions jackpot I didn't win.
martineb72
Please don't do it in Texas, Pennsylvania, and the Carolinas. Debt cannot garnish wages in those states, and medical debt barely even lowers your credit score.
Rockychunk88
Yeah, because fuck the guy who saved your life.
JohnSmithterms
That's like paying your blackmailer. If anything lobby to make the USA laws change to the 50 countries with better healthcare than the USA.
MoopsyLD
alright so you spent maybe a hundred million. what else would you do?
SweatyNuts
Hookers and blow.
jjsjosCreator
Saint SweatyNuts
Radenium
"Good news, Mr. Smith. Your debt was paid by deez." "Deez?" "DEEZ NUUUUUTZ"
FuzzBall87
Careful the act of forgiveness counts as income to the people who's debt you forgave. Now instead they own the IRS taxes that they still can't afford. The USA really knows how to take care of its people.
Sensiblyinteresting
Sad less than 1 billion dollars buys over 150 billion in medical debt almost all in the country
ChrisMS78
I don't understand this. Why? Are hospitals selling the debts cheaper to get some money at least? Or are they so overpriced that they will reduced it if you involve a lawyer?
Sensiblyinteresting
When they come up with their prices they pretty much factor in getting paid fractions of it. Example on conversion a church just purchased 3 million of medical debt for $15,000 .
Higure
It's part of why an insurance driven healthcare is broken. The prices of medicines and procedures are artificially inflated because hospitals know that a lot of what they do ultimately won't be covered. As opposed to a single payer healthcare system, where what's covered and what's not is a lot more predictable.
Sensiblyinteresting
Even Medicare for all would be phenomenal. Over 65 pay $164.90 a month and it basically covers everything not cosmetic related. Surgery's are like $150, no deductible.
Higure
It takes time and effort to track down every single one and pry whatever money you can out of their hands. Being owed X money is almost never worth paying X money for (that's the principal reason why loans charge interest). The exact exchange rate depends on lots of details. It being distributed over thousands if not millions of debtors is certainly one such factor.
Higure
So yes, being immediately paid only part of what you're owed in order to get the entire thing off your hands can be a perfectly good business decision, even without taking into account the fact that this is medical debt in particular.
Feralkyn
Even better, if you're in the US, lobby/fund for price regulation in the medical industry by law. THe US desperately needs it. Teach a man to fish, and all that.
morninggloryshade777
The DEMs have tried for YEARS.... The REPs keep blocking &/or UNdoing efforts:(
farfie
That'll get you assassinated.
Feralkyn
Okay, so use 1% to hire REAL good security lol
Anonyte
People don't realize how serious this reflection is. For some, it's just a mundane cost effective solution to arrange.
brownribbon
Set up a trust first then
passiveaggressivesesquipedalian
A billion dollars isn’t enough bribery to fix that market.
Castriff
It is if you use it all at once
lespritdelescargot
Pressure at a point my dude. Buy the right politicians for a fraction of a billion and you should see results. It's just a matter of outplaying the health insurance lobby, which ultimately usually means buying the politician (plus letting them know how popular they'll be with their voters for bringing down medical costs)
HedonistBeard
It actually is. I mean it might cost extra if you try to get them to do something that makes them think they won't be hired again but...
Alloftheusernamesaretakenforreal
A billion dollars buys most of congress for one campaign cycle. A congressman isn't actually all that expensive in the land of large numbers and political campaign contributions.
jimmythehat1
I'd buy all the state level and federal level representatives and get them to pass universal health care, common sense gun control, codify roe v. wade, and then get them to pass term limits, removes lobbying, citizens united, takes all money out of politics, limits campaigning to 3 months before the election and provides a small stipend for all candidates for each race for ads. Ranked choice voting, End corruption by taking money out of politics. Also end qualified immunity for cops.
RetroPulpMonkey
Form a PAC to out lobby the lobbyists
SpamSpaceDog420365
Just love the irony of the second to last sentence
jimmythehat1
There aren't many options to get representatives to vote against their own self interests. Unless every single citizen is united in confronting political corruption through lobbying and special interest groups and money period, there's no way we can get politicians off the money teat. Pay them to cut off that route of corruption, and close the door behind them.
MelfsAcidArrow
That is money well spent. The question is what would you waste it on
jimmythehat1
two chicks at the same time, man.
MelfsAcidArrow
sjleegketting
So you'd basically buy yourself into sort of a good guy dictatorship? Jimmythehat1 for president!
AdrianMole
Or, you could convince the majority of voters to get all this done. You have my vote.
jimmythehat1
The problem is the disconnect between the voting public and the elected officials. They may be on the same page when they're getting elected, but as soon as they're in office and worried about their reelection, they get on the take, and people with money now influence directly their votes when it flies in the face of their constituency
duhh33
The crazy thing is that if you did this, and called/mailed the person with the debt, they'd think you are a debt collector or a scam. I've though about this, because it's top of my list. Trying to actually figure out what the smallest amount of medical debt I can buy is, because I believe it sells for pennies on the dollar. If I could spend $30 to wipe out $1,000, I'd have a new hobby.
Wrinkle666
Can anybody do this ? How please
LootenetDan
Make them "apply" for it through your 501c3
BufferingForever
Hey great news— there’s a nonprofit that does that! https://ripmedicaldebt.org/ just donate money to them.
Badprenup
The main issue with that idea is I believe that even though you buy it for pennies on the dollar, you still need to spend thousands to purchase any debt. Also don't forget that in some situations (many?) debt forgiveness can be counted as income so you may stick people with a big tax bill
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kalari38
If you look up "END Medical Debt" or "Stop Medical Debt" there are nonprofits you can donate to to do this. Vet their practices before sending money of course. I've donated via thirdway.org
martinomander5
I've donated to https://ripmedicaldebt.org/. Easy as pie.
tgiaa
Debt forgiveness as income?!?!
ElioNope
Otheriwse you get entity A loans entity B money, then forgives it, but it's definitely not income and so can't be taxed Mr Taxman.
Tarmaccian
While heart-warming, that debt is already written off. With a billion dollars, you can buy a small healthcare provider and just run it as a charity for several years.
SexBeerGamingCarsMoviesCoffeeBurgersCats
Exactly
bigbadabooooooooooooooooom
Exactly. Don't buy medical debt. I'd rather use half of that money to invest and then use the excess to run a foundation for preventative medicine. That's the major difference btw east and western medicine. It's why theyre healthier and living longer lives than Americans. Part of that is also due to more natural ingredients as well - why hot cheetos and most American snacks are banned.
sjleegketting
I can actually just buy a small part of American stuff like reeses cups and poptarts at local stores here in NL, EU. But the people here are probably more aware of what is healthy or not and use things like sugar more moderately. We also combine that with unprocessed and natural foods that are way easier to get in the EU. Here a McDonalds menu is (still) more expensive than natural foods in the supermarkets. Its a luxury food here more or less.
Rockychunk88
Sad that you think providers are the problem. Private insurance systems are the problem. Providers are already cut to the bone.
Tarmaccian
I’m not saying providers are the problem. I’m saying a provider providing care for free (to the patient… bill insurance for all they’ll pay) will take a few years to burn through $1 billion, and that’s far more helpful than feeding money to debt collection agencies.
Rockychunk88
Do you not understand that providers ALREADY provide care for free, and have been doing it for decades to the tune of TENS OF BILLIONS of dollars per year? https://www.kff.org/uninsured/issue-brief/sources-of-payment-for-uncompensated-care-for-the-uninsured/
Tarmaccian
I do understand that, and I’m suggesting doing it intentionally and openly, with no pretense of charging people for care. It’s not any sort of permanent fix, but you can provide relief until the money runs out.