whats the problem here? Or is it now, good deals and bargains should only be reserved for the "less fortunate", "unlucky", "unfairly" treated while rich people are obligated to spend foolishly?ATG wrote:
I've been working for a guy who just bought five houses in historical Old Towne Orange. He paid cash for the houses and all the work that is being done to remodel them.
Some things he has said about this economy really kind if tick me off. His girlfriend is a real sweet girl with large fake boobs and a perfect ass, she is also wealthy.
I tell you what, they may have lost money in investments over the last year, but half of 30 million is still rich.
They see nothing but dollar signs in all the foreclosed homes. They buy struggling businesses when the owners are on their knees knowing they can pick up the goods cheap and weather the storm and float the costs until things get back to normal.
They also mock Obamas threats of tax increases on their companies, because they control the price of the goods they sell.
All the young bright eyed socialist need to get it through their thick skulls, the government is saying they are going to stick it to the companies, but taxes are just part of the cost of doing business.
Big companies calculate all costs associated with doing business, tack on 30 percent profit margin and have a selling cost.
The corporations will not see the tax increases; you will.
And the rich mock you as you all get outraged.
If you were in the same position (rich) and had money while house prices were low, you would possibly do the same.
Already mentioned I want to.Burwhale wrote:
If you were in the same position (rich) and had money while house prices were low, you would possibly do the same.
Whoa... Can't believe these forums are still kicking.
The tax rates for foreign companies stays the same though, so companies with foreign competition can't simply pass on the costs of an increased tax rate as it'll likely loose them market share against imports. As they increase prices they also price themselves out of markets, leading to deadweight losses as people stop buying their stuff as they can no longer afford it. To avoid that companies have to loose some profit margin.ATG wrote:
They also mock Obamas threats of tax increases on their companies, because they control the price of the goods they sell.
All the young bright eyed socialist need to get it through their thick skulls, the government is saying they are going to stick it to the companies, but taxes are just part of the cost of doing business.
Big companies calculate all costs associated with doing business, tack on 30 percent profit margin and have a selling cost.
The corporations will not see the tax increases; you will.
And the rich mock you as you all get outraged.
It is nothing more than wealth envy. They are happy and content and financially care free. while most of us are not, it is "unfair". They should give their money to the govt. so they can be unhappy, and dependant just like the rest of us, to be "fair" and "neighborly"Flecco wrote:
Already mentioned I want to.Burwhale wrote:
If you were in the same position (rich) and had money while house prices were low, you would possibly do the same.
* weeps uncontrollably *
You're right to a certain extent that there is simply a lot of wealth envy out there, but can you at least see that there are power structures that exist in the modern world that effectively divide society into two categories "privileged" and "unprivileged"? Look at globalisation and what it does to the world for example, the people who are at the top (who are often simply blessed with the fact that they are born into rich financial dynasties) make more and more profit while those at the bottom make less and less, and with less and less money there is less chance of attaining good education and bettering oneself, thus rendering your "will, effort and personal responsibility" philosophy somewhat obsolete. Now this is all fine and well on a basic Darwinian level until these cunts go and cause a huge catastrophic economic crisis and have the gall to come, cap in hand, asking for these people's money to bail them out and prop up their failing enterprises... and the fact that they then continue to shower themselves with bonuses is nothing more than salt in the wounds.lowing wrote:
It is nothing more than wealth envy. They are happy and content and financially care free. while most of us are not, it is "unfair". They should give their money to the govt. so they can be unhappy, and dependant just like the rest of us, to be "fair" and "neighborly"Flecco wrote:
Already mentioned I want to.Burwhale wrote:
If you were in the same position (rich) and had money while house prices were low, you would possibly do the same.
I do not recall the people that ATG refers to as getting bailout money, or saying being rich was their birth right.Braddock wrote:
You're right to a certain extent that there is simply a lot of wealth envy out there, but can you at least see that there are power structures that exist in the modern world that effectively divide society into two categories "privileged" and "unprivileged"? Look at globalisation and what it does to the world for example, the people who are at the top (who are often simply blessed with the fact that they are born into rich financial dynasties) make more and more profit while those at the bottom make less and less, and with less and less money there is less chance of attaining good education and bettering oneself, thus rendering your "will, effort and personal responsibility" philosophy somewhat obsolete. Now this is all fine and well on a basic Darwinian level until these cunts go and cause a huge catastrophic economic crisis and have the gall to come, cap in hand, asking for these people's money to bail them out and prop up their failing enterprises... and the fact that they then continue to shower themselves with bonuses is nothing more than salt in the wounds.lowing wrote:
It is nothing more than wealth envy. They are happy and content and financially care free. while most of us are not, it is "unfair". They should give their money to the govt. so they can be unhappy, and dependant just like the rest of us, to be "fair" and "neighborly"Flecco wrote:
Already mentioned I want to.
The categories you speak of are not privileged and underprivileged. This would insinuate 2 sets of rules for citizens. What we have are achievers and underachievers. You are free to become either one you want.
waiting for what? inflation to devalue your money? buy gold man, turn that cash into gold - the only investment at the moment with a guaranteed return on your investment when you cash out to invest in property 12-16 months time, savings are a waste of time & money at presentCameronPoe wrote:
I have cash but I'm waiting. .Flecco wrote:
I wish I was cashed up right now. Gotta convince the bank some how that they should lend me a few million to buy a street in Sydney.
My father bought some bullion recently.IG-Calibre wrote:
waiting for what? inflation to devalue your money? buy gold man, turn that cash into gold - the only investment at the moment with a guaranteed return on your investment when you cash out to invest in property 12-16 months time, savings are a waste of time & money at presentCameronPoe wrote:
I have cash but I'm waiting. .Flecco wrote:
I wish I was cashed up right now. Gotta convince the bank some how that they should lend me a few million to buy a street in Sydney.
It's in a vault in London I think. He wanted to ship it here and bury it.
Whoa... Can't believe these forums are still kicking.
You are correct that not every rich person falls under the category of bailout-recipient, obviously.lowing wrote:
I do not recall the people that ATG refers to as getting bailout money, or saying being rich was their birth right.
The categories you speak of are not privileged and underprivileged. This would insinuate 2 sets of rules for citizens. What we have are achievers and underachievers. You are free to become either one you want.
However you are incorrect if you assume that this world boils down to individuals simply 'deciding' whether they want to succeed or not. If an individual is outstanding enough to rise up out of their impoverished surroundings and succeed in the world you regard that as the standard that should be expected from all rather than an exception to the rule... it would be like judging the majority of humans to be simpletons because they don't measure up to the standard set by Einstein or Hawking. Yes, people often make the very best out of life despite coming from incredibly impoverished backgrounds but these people are mavericks that possess something special inside, they are not representative of their average demographic. Social situations have huge implications on a person's life and not everyone can escape the cycle of poverty, even when they use all the tools at their disposal.
If George Bush had been born the son of a plumber he would most likely be destitute right now. He ran pretty much everything he ever managed into the ground, including the American presidency. If you transposed that kind of form onto a normal or disadvantaged lifestyle he would be dead or in the gutter... as it is he is retiring out on a huge ranch, clearing brush and speaking at after-dinner engagements. You could say Bush was unable to escape the cycle of affluence! So don't pretend that everyone gets the same shot in this life, it simply aint true.
Yeah Braddock I know, life isn't "fair", so what? That does not take away from the fact that we are all responsible for playing the hands we are dealt. It does not give us the right or entitlement to simply take from someone else, because we have decided we want their shit more than we think they deserve it or need it. It is not up to you to decide what is "fair" for someone who has more than you, regardless if they worked hard for it, or if daddy gave it to them. THis is wealth envy period.Braddock wrote:
You are correct that not every rich person falls under the category of bailout-recipient, obviously.lowing wrote:
I do not recall the people that ATG refers to as getting bailout money, or saying being rich was their birth right.
The categories you speak of are not privileged and underprivileged. This would insinuate 2 sets of rules for citizens. What we have are achievers and underachievers. You are free to become either one you want.
However you are incorrect if you assume that this world boils down to individuals simply 'deciding' whether they want to succeed or not. If an individual is outstanding enough to rise up out of their impoverished surroundings and succeed in the world you regard that as the standard that should be expected from all rather than an exception to the rule... it would be like judging the majority of humans to be simpletons because they don't measure up to the standard set by Einstein or Hawking. Yes, people often make the very best out of life despite coming from incredibly impoverished backgrounds but these people are mavericks that possess something special inside, they are not representative of their average demographic. Social situations have huge implications on a person's life and not everyone can escape the cycle of poverty, even when they use all the tools at their disposal.
If George Bush had been born the son of a plumber he would most likely be destitute right now. He ran pretty much everything he ever managed into the ground, including the American presidency. If you transposed that kind of form onto a normal or disadvantaged lifestyle he would be dead or in the gutter... as it is he is retiring out on a huge ranch, clearing brush and speaking at after-dinner engagements. You could say Bush was unable to escape the cycle of affluence! So don't pretend that everyone gets the same shot in this life, it simply aint true.
Do you know how much plumbers make around here? Skilled tradesmen are rare in the US now, since nobody seems to want to do 'blue collar' work. Hour for hour, plumbers make more than 4 times what I hope to make when I get out of school. Unfortunately, my talents lie in a different area. I should have become a plumber. Or gone into HVAC repair, or been an electrician...Braddock wrote:
If George Bush had been born the son of a plumber he would most likely be destitute right now.
Then you don't " hope " high enough my friend.imortal wrote:
Do you know how much plumbers make around here? Skilled tradesmen are rare in the US now, since nobody seems to want to do 'blue collar' work. Hour for hour, plumbers make more than 4 times what I hope to make when I get out of school. Unfortunately, my talents lie in a different area. I should have become a plumber. Or gone into HVAC repair, or been an electrician...Braddock wrote:
If George Bush had been born the son of a plumber he would most likely be destitute right now.
Plumbers have a good business, because people have to shit and toilets get clogged.
They can make a decent living.
But to get rich plumbing you have to be slinging mad footage in new tracts.
And that era is behind us for a while.
Yes, but think down a road a fair bit. Right now, average age for the 'skilled trades' is getting pretty high. Will come a time when those folks want to retire. There are those lovely trades that you have to be state certified for, with fewer and fewer people to fill the need. As demand increases, so does the price.ATG wrote:
Then you don't " hope " high enough my friend.imortal wrote:
Do you know how much plumbers make around here? Skilled tradesmen are rare in the US now, since nobody seems to want to do 'blue collar' work. Hour for hour, plumbers make more than 4 times what I hope to make when I get out of school. Unfortunately, my talents lie in a different area. I should have become a plumber. Or gone into HVAC repair, or been an electrician...Braddock wrote:
If George Bush had been born the son of a plumber he would most likely be destitute right now.
Plumbers have a good business, because people have to shit and toilets get clogged.
They can make a decent living.
But to get rich plumbing you have to be slinging mad footage in new tracts.
And that era is behind us for a while.
Besides, at the risk of sounding a bit communisit, nothing wrong with a hard days work. I am more worried about being happy and satisfied in what I do than I am in making a fortune.
Flaunting your riches should be its own circle in hell
another thing i thought of... Living close to Wash DC in a very wealthy county in Northern Va... Having money does not always equate to happiness... as a bartender i have served people that had more money than they could spend in 10 lifetimes... and they were miserable...
One rich guys wife left him and he shot himself in the head... didnt work the first time so he shot himself in the head the second time...that worked... I have also met people that make an average amount of money and they choose to pursue hobbies..golf/hunting/fishing etc and they are completely happy with their situation... If they wanted they could work 7 days a week 12-14 hours a day and make a lot more money...
The grass is always greener and a lot of poor people think that if they were rich there problems would go away... not a chance... Your problems get bigger with larger consequences...
I for one used to want to be super rich... and saw what it takes... and decided to work and make decent money...and be happy playing golf on a monday afternoon with a cooler full of beer and thinking about the people who were at work...lol
One rich guys wife left him and he shot himself in the head... didnt work the first time so he shot himself in the head the second time...that worked... I have also met people that make an average amount of money and they choose to pursue hobbies..golf/hunting/fishing etc and they are completely happy with their situation... If they wanted they could work 7 days a week 12-14 hours a day and make a lot more money...
The grass is always greener and a lot of poor people think that if they were rich there problems would go away... not a chance... Your problems get bigger with larger consequences...
I for one used to want to be super rich... and saw what it takes... and decided to work and make decent money...and be happy playing golf on a monday afternoon with a cooler full of beer and thinking about the people who were at work...lol
Love is the answer