Cybargs
Moderated
+2,285|6955

ruisleipa wrote:

Cybargs wrote:

And you can never make enough money.
complete bullshit I'm afraid.
So people who become successful should be damned? You do realize the wealthiest of men employ hundreds of thousands of people, creating a livelihood right?
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ruisleipa
Member
+149|6461|teh FIN-land

Cybargs wrote:

ruisleipa wrote:

Cybargs wrote:

And you can never make enough money.
complete bullshit I'm afraid.
So people who become successful should be damned? You do realize the wealthiest of men employ hundreds of thousands of people, creating a livelihood right?
The statement 'you can never make enough money' is total bullcrap. Of course you can make 'enough' money.

The issue of whether you can do that has fuck all to do with employing people or being successful.

The idea you cannot make enough money is only attractive to people who view the acquisition of money to be the goal of life rather than anything more, y'know, important, or moral, or whatever.
Cybargs
Moderated
+2,285|6955

ruisleipa wrote:

Cybargs wrote:

ruisleipa wrote:


complete bullshit I'm afraid.
So people who become successful should be damned? You do realize the wealthiest of men employ hundreds of thousands of people, creating a livelihood right?
The statement 'you can never make enough money' is total bullcrap. Of course you can make 'enough' money.

The issue of whether you can do that has fuck all to do with employing people or being successful.

The idea you cannot make enough money is only attractive to people who view the acquisition of money to be the goal of life rather than anything more, y'know, important, or moral, or whatever.
Then what is "enough."
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ruisleipa
Member
+149|6461|teh FIN-land
well that is a question the answer to which varies depending on who you ask. IMO enough is you can afford to provide for yourself and your family. Pretty simple tbh although practically impossible to put a specific amount on it. A million? definitely enough.

5 mill - too much
a billion - you're an obscene fat rich fucker
Cybargs
Moderated
+2,285|6955

ruisleipa wrote:

well that is a question the answer to which varies depending on who you ask. IMO enough is you can afford to provide for yourself and your family. Pretty simple tbh although practically impossible to put a specific amount on it. A million? definitely enough.

5 mill - too much
a billion - you're an obscene fat rich fucker
So people who make more than 5 mil should just give their money away and stop working right?

A million dollars is nothing really... When you think about raising kids...
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unnamednewbie13
Moderator
+2,053|7010|PNW

JohnG@lt wrote:

Varegg wrote:

Money isn't everything ... there is also gold and diamonds
Diamonds are rather worthless. Their price is only propped up by the DeBeers cartel. If DeBeers ever opened up its vaults, diamonds would be worth pennies on the dollar compared to what they go for now.
Cubic zirconia > standard diamond fare. I guess I'd have to find a geologist gal if I wanted my choice of engagement rings to be appreciated.
unnamednewbie13
Moderator
+2,053|7010|PNW

Vilham wrote:

unnamednewbie13 wrote:

Vilham wrote:

Not at all, but rich people will play people to launder their money, saying all the money rich people earns goes back into the system is plain fucking retarded.
Putting pressure on rich people with taxes just because they're rich isn't going to help the job base expand.
Where did I say it did? All I have said is that suggesting the money rich people earn goes back into your own economy is such a retarded statement.
So...where did I say all money rich people earn goes back into the system?

At any rate, a great deal of it is invested into other companies, which in a way is putting it back.

Last edited by unnamednewbie13 (2010-05-01 02:34:39)

11 Bravo
Banned
+965|5476|Cleveland, Ohio
money IS everything.  anyone who says otherwise is either young and lives at home still sucking off the tit, or grew up with enough money to get a good head start in life.
unnamednewbie13
Moderator
+2,053|7010|PNW

11 Bravo wrote:

money IS everything.  anyone who says otherwise is either young and lives at home still sucking off the tit, or grew up with enough money to get a good head start in life.
Money is nothing without water.
Vilham
Say wat!?
+580|7005|UK

Cybargs wrote:

Spark wrote:

Cybargs wrote:


Planning to graduate from Stern school of business.

I'm not saying EVERYONE in the thread doesn't understand concepts of econ, but most don't. As John has said, money is always circulated. If you invest money in another country, the wealth created benefits the local populace at first, but trickles down to the global community.

And you can never make enough money. Why have we as a society demonized the rich and successful? Making money and stealing is not the same thing (Maddof lelz).
curious - what does economics say about the relative, er, "efficiencies" of the rich compared to the poor in recycling money into the economy? I.e. as a proportion of their income how effective are they comparatively putting money back into the economy?

(probably makes no sense, but anyway)
You have to take into the account of the creation of wealth as well. The rich usually invest in business', buying stocks, commodities etc, making productions cheaper, which passes down to the savings of the consumer.

The lower classes earn money from jobs, then spend it on consumer goods and invest a lot less compared to the upper classes.

The rich usually are the ones who drive the economy more. Investing circulates the money and most of the time has a trickle down effect (employment, production, profits etc).
You try to claim I know nothing then make a bullshit statement like above. If you claim is correct why is the income disparity always rising in a capitalist economy?

All the money the rich earn does not filter back down. Seriously where are you getting this rubbish from? The rich invest to generate more money for themselves, in the end generating them even more money hence the point in investing, that money is not "going back into the system" its being fed back to themselves in even greater numbers. Hence rising income disparity.
Vilham
Say wat!?
+580|7005|UK

unnamednewbie13 wrote:

Vilham wrote:

unnamednewbie13 wrote:


Putting pressure on rich people with taxes just because they're rich isn't going to help the job base expand.
Where did I say it did? All I have said is that suggesting the money rich people earn goes back into your own economy is such a retarded statement.
So...where did I say all money rich people earn goes back into the system?

At any rate, a great deal of it is invested into other companies, which in a way is putting it back.
"Which in a way" is totally not putting it back in unless that company makes a loss.

If you aren't trying to claim the contrary to my original statement why did you reply to my post in the first place, you certainly werent agreeing with it.
11 Bravo
Banned
+965|5476|Cleveland, Ohio

unnamednewbie13 wrote:

11 Bravo wrote:

money IS everything.  anyone who says otherwise is either young and lives at home still sucking off the tit, or grew up with enough money to get a good head start in life.
Money is nothing without water.
without water nothing is important.  dont be cute.
ruisleipa
Member
+149|6461|teh FIN-land

Cybargs wrote:

So people who make more than 5 mil should just give their money away and stop working right?

A million dollars is nothing really... When you think about raising kids...
should they be philanthropic? Yes, I believe they should.

As for raising a kid, I'm 100% sure my folks never spent anywhere near that much specifically on raising their (3) kids. It is certainly enough.
Beduin
Compensation of Reactive Power in the grid
+510|5988|شمال

11 Bravo wrote:

money IS everything.  anyone who says otherwise is either young and lives at home still sucking off the tit, or grew up with enough money to get a good head start in life.
no
الشعب يريد اسقاط النظام
...show me the schematic
11 Bravo
Banned
+965|5476|Cleveland, Ohio

Beduin wrote:

11 Bravo wrote:

money IS everything.  anyone who says otherwise is either young and lives at home still sucking off the tit, or grew up with enough money to get a good head start in life.
no
what is more important?
unnamednewbie13
Moderator
+2,053|7010|PNW

Vilham wrote:

unnamednewbie13 wrote:

Vilham wrote:


Where did I say it did? All I have said is that suggesting the money rich people earn goes back into your own economy is such a retarded statement.
So...where did I say all money rich people earn goes back into the system?

At any rate, a great deal of it is invested into other companies, which in a way is putting it back.
"Which in a way" is totally not putting it back in unless that company makes a loss.

If you aren't trying to claim the contrary to my original statement why did you reply to my post in the first place, you certainly werent agreeing with it.
Look, I'm just going to call it facepalm and let you think all rich people are carbon copies of Mr. Burns. The government is not going to help the economy by pulling wealth out of it, then pretending they're doing a great thing by putting a few billion back here and there.

11 Bravo wrote:

unnamednewbie13 wrote:

11 Bravo wrote:

money IS everything.  anyone who says otherwise is either young and lives at home still sucking off the tit, or grew up with enough money to get a good head start in life.
Money is nothing without water.
without water nothing is important.  dont be cute.
You started it.
Cybargs
Moderated
+2,285|6955

ruisleipa wrote:

Cybargs wrote:

So people who make more than 5 mil should just give their money away and stop working right?

A million dollars is nothing really... When you think about raising kids...
should they be philanthropic? Yes, I believe they should.

As for raising a kid, I'm 100% sure my folks never spent anywhere near that much specifically on raising their (3) kids. It is certainly enough.
Different standards for different countries.

Vilham: There will be an income disparity NO MATTER WHERE YOU ARE. Getting money and support from the state =/= income. Maybe some people should get off their ass and start working. And yes most rich people do invest in successful business', why invest in a failing one? The money they earn belongs to them and they have the right to do whatever they want with it. When a business expands, sure the owner becomes a lot richer, coz shit he took ALL THE RISK when starting the business in the first place. Everyone else would just find another job while he lost his business. Never forget when a company expands, it employs more people, creating more livelihood. Do the rich spend money? Yes. Do the rich pay a lot in taxes? Yes. When people become richer, they indirectly benefit EVERYONE.

Should the rich be philanthropic? I think most rich people are, giving huge funds to educational institutions, sponsoring medical programs, run and donate to charities etc.
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Beduin
Compensation of Reactive Power in the grid
+510|5988|شمال

11 Bravo wrote:

Beduin wrote:

11 Bravo wrote:

money IS everything.  anyone who says otherwise is either young and lives at home still sucking off the tit, or grew up with enough money to get a good head start in life.
no
what is more important?
Top of the list.... Work!
الشعب يريد اسقاط النظام
...show me the schematic
Vilham
Say wat!?
+580|7005|UK

unnamednewbie13 wrote:

Vilham wrote:

unnamednewbie13 wrote:


So...where did I say all money rich people earn goes back into the system?

At any rate, a great deal of it is invested into other companies, which in a way is putting it back.
"Which in a way" is totally not putting it back in unless that company makes a loss.

If you aren't trying to claim the contrary to my original statement why did you reply to my post in the first place, you certainly werent agreeing with it.
Look, I'm just going to call it facepalm and let you think all rich people are carbon copies of Mr. Burns. The government is not going to help the economy by pulling wealth out of it, then pretending they're doing a great thing by putting a few billion back here and there.
WHERE DID I SAY THEY SHOULD?! Nice self-facepalm.

I am a rich person you moron, I have no problem with the system, I never even said I did either. Im just being realistic.

Seriously learn to fucking read before you try replying to people yeah.
Vilham
Say wat!?
+580|7005|UK

Cybargs wrote:

ruisleipa wrote:

Cybargs wrote:

So people who make more than 5 mil should just give their money away and stop working right?

A million dollars is nothing really... When you think about raising kids...
should they be philanthropic? Yes, I believe they should.

As for raising a kid, I'm 100% sure my folks never spent anywhere near that much specifically on raising their (3) kids. It is certainly enough.
Different standards for different countries.

Vilham: There will be an income disparity NO MATTER WHERE YOU ARE. Getting money and support from the state =/= income. Maybe some people should get off their ass and start working. And yes most rich people do invest in successful business', why invest in a failing one? The money they earn belongs to them and they have the right to do whatever they want with it. When a business expands, sure the owner becomes a lot richer, coz shit he took ALL THE RISK when starting the business in the first place. Everyone else would just find another job while he lost his business. Never forget when a company expands, it employs more people, creating more livelihood. Do the rich spend money? Yes. Do the rich pay a lot in taxes? Yes. When people become richer, they indirectly benefit EVERYONE.

Should the rich be philanthropic? I think most rich people are, giving huge funds to educational institutions, sponsoring medical programs, run and donate to charities etc.
Ill say this again for your benefit because you also seem to suffer from not being able to read.  The money rich people have does NOT all feed back into the system, stop trying to claim it does, it DOESN'T.

I have no problem with the system, I benefit from it. Where did I say it was a bad system? Im just being realistic as to how it works, you aren't. Because the moment you do your gunna have to accept that you benefit from others suffering.

Seriously people. L2R.
unnamednewbie13
Moderator
+2,053|7010|PNW

Vilham wrote:

unnamednewbie13 wrote:

Vilham wrote:

"Which in a way" is totally not putting it back in unless that company makes a loss.

If you aren't trying to claim the contrary to my original statement why did you reply to my post in the first place, you certainly werent agreeing with it.
Look, I'm just going to call it facepalm and let you think all rich people are carbon copies of Mr. Burns. The government is not going to help the economy by pulling wealth out of it, then pretending they're doing a great thing by putting a few billion back here and there.
WHERE DID I SAY THEY SHOULD?! Nice self-facepalm.

I am a rich person you moron, I have no problem with the system, I never even said I did either. Im just being realistic.

Seriously learn to fucking read before you try replying to people yeah.
Then feel free to send me any amount of money over the upper limit of what you really need. I accept checks.

Vilham wrote:

moron
Time to give ol' BF2S a rest for the day, wot? Or are you squirreling away tact along with your rich people war bucks?

Last edited by unnamednewbie13 (2010-05-01 03:40:33)

Cybargs
Moderated
+2,285|6955

Vilham wrote:

Cybargs wrote:

ruisleipa wrote:


should they be philanthropic? Yes, I believe they should.

As for raising a kid, I'm 100% sure my folks never spent anywhere near that much specifically on raising their (3) kids. It is certainly enough.
Different standards for different countries.

Vilham: There will be an income disparity NO MATTER WHERE YOU ARE. Getting money and support from the state =/= income. Maybe some people should get off their ass and start working. And yes most rich people do invest in successful business', why invest in a failing one? The money they earn belongs to them and they have the right to do whatever they want with it. When a business expands, sure the owner becomes a lot richer, coz shit he took ALL THE RISK when starting the business in the first place. Everyone else would just find another job while he lost his business. Never forget when a company expands, it employs more people, creating more livelihood. Do the rich spend money? Yes. Do the rich pay a lot in taxes? Yes. When people become richer, they indirectly benefit EVERYONE.

Should the rich be philanthropic? I think most rich people are, giving huge funds to educational institutions, sponsoring medical programs, run and donate to charities etc.
Ill say this again for your benefit because you also seem to suffer from not being able to read.  The money rich people have does NOT all feed back into the system, stop trying to claim it does, it DOESN'T.

I have no problem with the system, I benefit from it. Where did I say it was a bad system? Im just being realistic as to how it works, you aren't. Because the moment you do your gunna have to accept that you benefit from others suffering.

Seriously people. L2R.
Everyone benefits. Sure the motivated rich man would benefit the most. The richer a person is, he/she directly uplifts his/her's local area. The rich still need a mechanic, groceries, transportation, entertainment etc. Sure they would buy stuff of upper quality, but does that not also employ more people? Investment in a sense is trickle down economics. You put money in a company, that company uses that money to employ people.
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BLdw
..
+27|5410|M104 "Sombrero"

Cybargs wrote:

Maybe some people should get off their ass and start working.
What about patent laws preventing people from doing something they they see useful and some other people would like to see done?

Cybargs wrote:

When a business expands, sure the owner becomes a lot richer, coz shit he took ALL THE RISK when starting the business in the first place.
So tax money isn't used to fund private business' to expand?

Cybargs wrote:

Never forget when a company expands, it employs more people, creating more livelihood.
That's nice, but why so many companies pay so low wage for their employees?

Last edited by BLdw (2010-05-01 03:51:45)

jord
Member
+2,382|6917|The North, beyond the wall.
The whole debate is irrelevant when the US has several tax havens to the south...


Capping money is absurd. What about the thousands of houses that are more than 5 mil? Who will own them if the Government has said you can only have that amount...

5 mil is too low. I don't agree with a cap but if there were one I'd put it at £50 mil.
Cybargs
Moderated
+2,285|6955

BLdw wrote:

Cybargs wrote:

Maybe some people should get off their ass and start working.
What about patent laws preventing people from doing something they they see useful and some other people would like to see done?
If someone spent their sweat and blood researching and developing a technology, it is their right to make as much money from it. Or would you like the Chinese system where they just knock off every product?

Cybargs wrote:

When a business expands, sure the owner becomes a lot richer, coz shit he took ALL THE RISK when starting the business in the first place.
So tax money isn't used to fund private business' to expand?
No it's not. Companies and banks had to pay back the bailout funds with interest. If you're talking about government contracts, that's a complete different case. Hey if you need shit to be built you gotta spend the money. Sure it goes to private business' but they win contracts because they are much much more competitive than local business'. Government corruption and bribes is a completely different matter. You don't know how hard it is to run a company and profit do you?

Cybargs wrote:

Never forget when a company expands, it employs more people, creating more livelihood.
That's nice, why so many companies pay so low wage for their employees?
You are what you worth. Hell companies outsourcing cheap labour helped Asia's economical development by a SHITLOAD. They pay low wages because people ACCEPT the low pay. Hell we all benefit from lower prices.
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