Teh Politics Forum Rumors and lies and Teh Iraqi Info Minister and much much more...

Ah to be rich in America!

Thread Tools
 
Search this Thread
 
Old Jan 30, 2007 | 04:46 PM
  #16  
HellaDumb's Avatar
Registered User
iTrader: (3)
 
Joined: Mar 2003
Posts: 3,461
From: "It will take time to restore chaos." GWB
Car Info: 72 Vespa with curb feelers
Yeah let's all have a pity party and pretend to be victims of some evil system, while in fact we don't deserve anything but what we earn. There's no such thing as luck.

You want a shot at making it? Go to school, work your @ss off, work hard, but most of all, work smart. I may never have a shot to be a multi-millionaire, but this system is great at giving the most people the greatest opportunity to pave out a great life and a solid retirement. The same freedom to fail will allow you to succeed.
Old Jan 30, 2007 | 05:01 PM
  #17  
jvick125's Avatar
Registered User
iTrader: (2)
 
Joined: Mar 2005
Posts: 10,375
From: Monterey
Car Info: Sline
Originally Posted by psoper
Pension obligations are money that rightfully belongs to the workers- in these cases it was outright stolen, and there's "nothing wrong with that"????

People aren't comparing the productivity of minum wage workers to CEO's (although that is a topic worth discussing in itself) what they are pointing out is the disparity, which is far worse now in the US than it is anywhere else in the world, or in US history for that matter.
I agree that's wrong. That's also why they're going to jail. And the people settled, which means they could have strived for more, but they didn't.

As far as the productivity of the CEO vs. Min. Wage Worker. I was talking more about the increase of the min. wage vs. the inc. of CEO pay.
Old Jan 30, 2007 | 05:19 PM
  #18  
lethalpsi's Avatar
Registered User
 
Joined: Jan 2006
Posts: 193
From: ...
Car Info: ...
Every single commodity you produce is a piece of your own debt.
The difference?
The rich have collateral.
Old Jan 30, 2007 | 05:36 PM
  #19  
BlingBlingBlue's Avatar
Registered User
 
Joined: Nov 2002
Posts: 1,402
From: Bay Area
Car Info: 02 WRX wagon=dead; rollin' in a Craptastic Camry!
Talking

Originally Posted by psoper
I can say with almost 100% confidence that NOBODY READING THIS THREAD WILL EVER BE ANYWHERE NEAR THE FORBES 400.
Because we spend all of our working day on internet forums???
Old Jan 30, 2007 | 08:34 PM
  #20  
FW Motorsports's Avatar
iClub Silver Vendor
iTrader: (25)
 
Joined: Nov 2002
Posts: 15,494
From: Participating in some Anarchy!
Car Info: 2005 LGT wagon
What's wrong with this?
Old Jan 30, 2007 | 09:38 PM
  #21  
Kevin M's Avatar
Registered User
iTrader: (12)
 
Joined: Nov 2002
Posts: 18,369
From: Reno, NV
Car Info: 1993/2000/2001 GF4 mostly red
Nothing really. That says that 59% of reservists called up made mroe money... and that means they needed it more. It also doesn't say if that's before or after taxes, and with so many reservists going to combat zones, they don't pay taxes on their military salary overseas, so fewer soldiers would lose money while deployed. Also, military service, including reserve duty, is not about getting paid. That's why they call it "the service" and not "the employment."
Old Jan 30, 2007 | 10:09 PM
  #22  
jvick125's Avatar
Registered User
iTrader: (2)
 
Joined: Mar 2005
Posts: 10,375
From: Monterey
Car Info: Sline
Originally Posted by BAN SUVS
Nothing really. That says that 59% of reservists called up made mroe money...
Again, with your math: 5.7 + 23.4 =/= 59% You mean 29%. . .
Old Jan 31, 2007 | 12:43 AM
  #23  
MVWRX's Avatar
Registered User
iTrader: (1)
 
Joined: Aug 2004
Posts: 3,312
From: UCIrvine
Car Info: '05 Crystal Grey Metallic WRX Sport Wagon
...a majority of them made the same or more...


I don't see how that chart is relevant to the conversation anyway though...
Old Jan 31, 2007 | 01:07 AM
  #24  
Salty's Avatar
VIP Member
iTrader: (14)
 
Joined: May 2003
Posts: 8,675
From: Wherever Sucks the Most
Car Info: 2003 WRX, 2008 Camry
Originally Posted by psoper
I also notice you used the term "used to"- guess what, the housing boom is sagging and that isn't going to be happening again for a while. But as long as predatory lending practices are allowed, you loan brokers will no doubt manage to keep yourselves busy, and in doing so stay blind to the reality of our widely weakened economy
You clearly have NO idea what you're talking about. I said "used to" as a figure of speech. Flipping houses couldn't be better. 20% of California homes are in foreclosure thanks to loan sharks and the negative amortization loan trend. This is fact. Guess who buys those houses and turns a profit? Non-idiots.
Old Jan 31, 2007 | 01:21 AM
  #25  
Salty's Avatar
VIP Member
iTrader: (14)
 
Joined: May 2003
Posts: 8,675
From: Wherever Sucks the Most
Car Info: 2003 WRX, 2008 Camry
Originally Posted by psoper
Oh and here's another thing y'all can be real proud of!!

http://www.csmonitor.com/2005/0208/p02s01-ussc.html
I agree. You make it seem like Veterans and those currently serving turn a cheek to the Government on this issue. They are more disgusted than you. They don't have a blind allegiance to the government just because they protect it. This issue has been a major concern among the ranks of the active and prior service for decades.

You're not fooling anyone with this information as it's been know for years. The rich get richer and the government has never taken care of a majority of its Veterans after war. I'm not fond of the idea of the rich getting richer and i'm certainly not proud of the government situation with our vets. But guess what? I carry on without the disdain for my country you seem to possess constantly. Why do you hate America?
Old Jan 31, 2007 | 01:34 AM
  #26  
Salty's Avatar
VIP Member
iTrader: (14)
 
Joined: May 2003
Posts: 8,675
From: Wherever Sucks the Most
Car Info: 2003 WRX, 2008 Camry
Originally Posted by BAN SUVS
Nothing really.
Fixed. That's all you had to say.
Old Jan 31, 2007 | 04:57 AM
  #27  
jvick125's Avatar
Registered User
iTrader: (2)
 
Joined: Mar 2005
Posts: 10,375
From: Monterey
Car Info: Sline
Paul, what is your business philosophy? Establishing/building long-term, personal relationships with your customers, right? And then you might give your most loyal/highest paying customers a little extra special treatment, right?

Now, this is a little. . . I don't know the word, but it's a rough analogy:

The U.S. is working in the same way as a business. The Wealthiest 5% of the country pays something around 30% of the IRS' income. While the bottom 50% only pays 3%. The wealthiest people also are those that have the extra disposable income to go out and continue to spend money no matter what the economic condition. They are treating their best/biggest customers with the best customer service. It's just more transparent in this case.

This is why, to jump start the economy, Presidents (JFK, Reagan, W) give the tax cuts. Because it allows MORE people more disposable income that they are going to go and spend. The average person cannot save money well. They live by "The more money you make, the more you spend."

I had a friend who bought a house with his mom in the late 90's and in 2005 sold it for nearly $200,000 in profit. (This is the part I don't understand, and probably why the poor get poorer.) You would think they might take some of the money they made and invest it in a nicer/bigger house. No, they downgraded. . . to a trailer. Before the sale, the guy drove an entry-level Lexus. Since the sale, he now has a full audio and video system in his car, and 20 inch rims with spinning attachments. It all cost him a pretty penny.

Point: If you want to make it in this country, you can; it just depends on the choices you make. My friend was given an awesome opportunity to invest in a new/more houses. What does he decide to do? Well, you know the answer to that.

And after re-reading your first post. Most those points are.... well, pointless.
Old Jan 31, 2007 | 07:58 AM
  #28  
psoper's Avatar
Thread Starter
250,000-mile Club President
 
Joined: Nov 2002
Posts: 4,770
From: Bizerkeley
Car Info: MBP 02 WRX wagon
Originally Posted by Salty
Why do you hate America?
Boy its just like talking to Shawn Hannity!


Allow me to clarify- I don't "hate america" but I think it can be a lot better place than it is, and over the last 7 years it has gotten a lot worse, I'd prefer to see it getting better.

There is a difference between disagreeing with government and corporate policies and hating a country.

And I think that blind allegience to a system just because you were born into it is the epitome of stupidity.

America used to be a country supposedly goverened by the people, but lately the people have given up control to corporations, that was not what the founding fathers had in mind and if left unchecked, it is going to lead to this countries downfall as a world leader in all regards-
That has already started, countries around the world moving away from the dollar and into the euro as an instrument of international trade is just one example.

I don't hate america, but many things being done in our name are making millions of other people around the world hate america, in the long run that is not going to be good for america either.
Old Jan 31, 2007 | 08:04 AM
  #29  
FW Motorsports's Avatar
iClub Silver Vendor
iTrader: (25)
 
Joined: Nov 2002
Posts: 15,494
From: Participating in some Anarchy!
Car Info: 2005 LGT wagon
Originally Posted by MVWRX
...a majority of them made the same or more...


I don't see how that chart is relevant to the conversation anyway though...
psoper linked it.
I looked at it & thought the rest would like to see it.

Back on topic:

I hear complaining, some righfully so, by those that don't like rich people.
So, what's your solution?

Why not complain about poor people that do nothing to improve their lot except for demanding more in social services that obviously don't work?
Old Jan 31, 2007 | 11:25 AM
  #30  
Salty's Avatar
VIP Member
iTrader: (14)
 
Joined: May 2003
Posts: 8,675
From: Wherever Sucks the Most
Car Info: 2003 WRX, 2008 Camry
Originally Posted by Paul@dbtuned
Why not complain about poor people that do nothing to improve their lot except for demanding more in social services that obviously don't work?
I agree. It makes more sense.

I'm sure the amount of self-made riches outweighs those that were born into wealth. On the other hand the amount of "less fortunate" people that do nothing to better themselves must outweigh those that strive to succeed. And even then those going in the right direction most likely better their situation. May not get on Forbes but i'm willing to bet most can easily make 35k+ or more. Enough to live comfortably in most cases and not in the ghetto.



All times are GMT -7. The time now is 07:32 AM.