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| Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi: |
11-27-2018, 03:10 PM
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#1
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Canceled
Join Date: Jun 2003
Location: vt
Posts: 13,435
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Jim, I'm too old to worry about that. I just worry about what my kids will have to deal with. They all are gainfully employed, straight enough but I still worry about what they will have to deal with.
I'm not jealous of wealthy people, I'm worried about the concentration of wealth and what it's effect on our society will be. I've seen enough people with stupid money and it's effects to know it's not good.
Feel free to read what Warren Buffet said but I'm sure you still wont be able to say that there is a problem.
https://www.independent.co.uk/news/w...-a7812736.html |
Frasier: Niles, I’ve just had the most marvelous idea for a website! People will post their opinions, cheeky bon mots, and insights, and others will reply in kind!
Niles: You have met “people”, haven’t you?
Lets Go Darwin
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11-27-2018, 03:34 PM
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#2
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Registered User
Join Date: Jul 2008
Posts: 20,441
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Quote:
Originally Posted by Pete F.
Jim, I'm too old to worry about that. I just worry about what my kids will have to deal with. They all are gainfully employed, straight enough but I still worry about what they will have to deal with.
I'm not jealous of wealthy people, I'm worried about the concentration of wealth and what it's effect on our society will be. I've seen enough people with stupid money and it's effects to know it's not good.
Feel free to read what Warren Buffet said but I'm sure you still wont be able to say that there is a problem.
https://www.independent.co.uk/news/w...-a7812736.html |
Pete, then we both agree that we worry what our kids will have to deal with. we have that
in common. and that’s something, hopefully.
I have 3 boys ages 12, 9, and 7. And my middle guy will be someone who might need a little help. i’m hoping i can give him everything he needs, but obviously i hope he outlives me by several decades, so he might need help after i’m gone. So i do know that worry, i really do.
I feel things are a lot harder than they were for my father. he bought our house when he was 26 years old, only paid 1.5 times what his annual salary was at that time, and sold the house 40 years later for 6x what he paid. I will never see anything like that. Hell, in january I’ll have ben in my house for 15 years, and i dont think it’s worth a dollar more than what i paid, plus what i put into it. Zero. That’s how it goes in CT.
If wealthy people become
more wealthy by creating wealth, not by taking it from someone else...then why should
we care? In all sincerity, can you address that? Why should i care if the Obamas become billionaires, which they probably will? how does that hurt me or my kids? I just don’t see it...
Posted from my iPhone/Mobile device |
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11-27-2018, 03:36 PM
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#3
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Registered User
Join Date: Jul 2008
Posts: 20,441
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Quote:
Originally Posted by Pete F.
Jim, I'm too old to worry about that. I just worry about what my kids will have to deal with. They all are gainfully employed, straight enough but I still worry about what they will have to deal with.
I'm not jealous of wealthy people, I'm worried about the concentration of wealth and what it's effect on our society will be. I've seen enough people with stupid money and it's effects to know it's not good.
Feel free to read what Warren Buffet said but I'm sure you still wont be able to say that there is a problem.
https://www.independent.co.uk/news/w...-a7812736.html |
if Mr Buffet feels his wealth is bad, why does he keep it?
Posted from my iPhone/Mobile device |
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11-27-2018, 04:17 PM
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#4
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Canceled
Join Date: Jun 2003
Location: vt
Posts: 13,435
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Quote:
Originally Posted by Jim in CT
if Mr Buffet feels his wealth is bad, why does he keep it?
Posted from my iPhone/Mobile device
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He's thought about it and made a decision
https://www.investopedia.com/ask/ans...his-estate.asp |
Frasier: Niles, I’ve just had the most marvelous idea for a website! People will post their opinions, cheeky bon mots, and insights, and others will reply in kind!
Niles: You have met “people”, haven’t you?
Lets Go Darwin
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11-27-2018, 06:17 PM
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#5
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Registered User
Join Date: Jul 2008
Posts: 20,441
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Quote:
Originally Posted by Pete F.
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he announced that a long time ago. why wait? why not give it all away now, if it’s so immoral?
Posted from my iPhone/Mobile device |
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11-27-2018, 07:31 PM
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#6
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Canceled
Join Date: Jun 2003
Location: vt
Posts: 13,435
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Quote:
Originally Posted by Jim in CT
he announced that a long time ago. why wait? why not give it all away now, if it’s so immoral?
Posted from my iPhone/Mobile device
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It’s immoral to have money
What foolishness do you watch
Posted from my iPhone/Mobile device |
Frasier: Niles, I’ve just had the most marvelous idea for a website! People will post their opinions, cheeky bon mots, and insights, and others will reply in kind!
Niles: You have met “people”, haven’t you?
Lets Go Darwin
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11-28-2018, 05:54 AM
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#7
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Registered User
Join Date: Nov 2007
Posts: 12,632
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Quote:
Originally Posted by Pete F.
It’s immoral to have money
What foolishness do you watch
Posted from my iPhone/Mobile device
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pete just wants an obama car to go with his obamacare and obama phone  |
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11-28-2018, 09:28 AM
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#8
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Registered User
Join Date: Jul 2008
Posts: 20,441
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Quote:
Originally Posted by Pete F.
It’s immoral to have money
What foolishness do you watch
Posted from my iPhone/Mobile device
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You are the one who posted articles where gates said his wealth was unfair. Then why does he still cling to it? Same with Buffet.
You’ve been going on and on about how bad it is that some are wealthy while others are not. i’m just listening to you...
i’ll ask
for the third or fourth time, how would anyone be better off, if gates and buffet didn’t accumulate their wealth, but worked at minimum wage jobs instead? You have said wealth inequality is a problem.
Posted from my iPhone/Mobile device |
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11-28-2018, 10:14 AM
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#9
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Canceled
Join Date: Jun 2003
Location: vt
Posts: 13,435
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Quote:
Originally Posted by Jim in CT
You are the one who posted articles where gates said his wealth was unfair. Then why does he still cling to it? Same with Buffet.
You’ve been going on and on about how bad it is that some are wealthy while others are not. i’m just listening to you...
i’ll ask
for the third or fourth time, how would anyone be better off, if gates and buffet didn’t accumulate their wealth, but worked at minimum wage jobs instead? You have said wealth inequality is a problem.
Posted from my iPhone/Mobile device
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If Bill Gates didn't start MS, perhaps I wouldn't be wasting time here arguing with you. |
Frasier: Niles, I’ve just had the most marvelous idea for a website! People will post their opinions, cheeky bon mots, and insights, and others will reply in kind!
Niles: You have met “people”, haven’t you?
Lets Go Darwin
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11-28-2018, 10:51 AM
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#10
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,481
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Quote:
Originally Posted by Jim in CT
You are the one who posted articles where gates said his wealth was unfair. Then why does he still cling to it? Same with Buffet.
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Last time I check both Gates and Buffet had given away billions of dollars to charity. |
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11-27-2018, 04:08 PM
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#11
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Registered User
Join Date: Nov 2007
Posts: 12,632
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Quote:
Originally Posted by Pete F.
I'm not jealous of wealthy people, I'm worried about the concentration of wealth and what it's effect on our society will be. I've seen enough people with stupid money and it's effects to know it's not good.
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you sound jealous and this is stupid.....lot's of people with stupid money do really good things with their stupid money... |
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