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Elon Musk Delivers Stunning Remarks At Historic UK March (Tommy Robinson) "Transcript: Mrs. Erika Kirk Delivers Public Address: ‘His Movement Will Go On’" "Victor Davis Hanson to Newsmax: Kirk Slaying Crosses Rubicon" Rest In Peace Charlie Kirk Status: Not Logged In; Sign In politics and politicians See other politics and politicians Articles Title: Obscene wealth Source: BBC URL Source: http://www.bbc.com/news/business-35339475 Published: Jan 17, 2016 Author: paraclete Post Date: 2016-01-17 23:06:56 by paraclete Keywords: wealth, money Views: 9982 Comments: 85 Most of us would not think of our circumstance as more than adequate while some just don't have what they need but 1% have as much as the other 99% and this has to be seen as obscene. Modern economies focus on the success of the individual ignoring opportunity for the many, but something is out of whack when this results in a small group gaining all the resources. Apparently $1 million will put you in the 1% club so we arn't necessarily speaking of the super rich although the actions of some are obscene like alledged billionaire Clive Palmer who had one of his companies make political contributions to his own political party while trying to convince government that his company was bankrupt and needed a handout. I really don't care if Donald Trump spends $2 billion in his election campaign but I do think it is obscene he has that capability. Arn't there more important things he could do with the money? Couldn't he do a Bill Gates? Post Comment   Private Reply   Ignore Thread   Top • Page Up • Full Thread • Page Down • Bottom/Latest Begin Trace Mode for Comment # 22. #2. To: paraclete (#0) (Edited) Arn't there more important things he could do with the money? Couldn't he do a Bill Gates? How much do you think you know about Bill Gates and his background? On another suject, I have no objection to people who obtain wealth by building new industries. It benefits all of us. Have you done anything with your life except resent and complain about those who have? What I do object to is people who use political means to consolidate and perpetuate their do-nothing inherited positions. rlk  posted on  2016-01-18   1:54:55 ET  Reply   Untrace   Trace   Private Reply   #3. To: rlk (#2) Have you done anything with your life except resent and complain about those who have? Yes my life has been very productive. What you fail to realise is that a life built on gaining wealth at the expense of other people is not something to be applauded. I used Gates as an example of someone who obviously realised he needed to share his wealth. paraclete  posted on  2016-01-18   5:31:39 ET  Reply   Untrace   Trace   Private Reply   #11. To: paraclete, All (#3) What you fail to realize is that a life built on gaining wealth at the expense of other people is not something to be applauded. What you don't realize of that you are a victim of the left's meme of economic and financial gains are a zero sum game, i.e. - I can only earn a dollar at the expense of someone losing it. This is pure BS. To be sure there are those that lie, cheat and steal. There are those that bribe politicians to make laws that benefit their pocketbook, usually at the expense of others. But who really is at blame here, the one that bribes or the ones that accept the bribe? Or the ones that continually elect those that accept the bribes? Like Clinton before him, Obama will leave office are very, very rich man. They were not remotely so when they took office. The same is true form most elected officials in DC. You are a sucker for their scam. SOSO  posted on  2016-01-18   11:08:19 ET  Reply   Untrace   Trace   Private Reply   #13. To: SOSO (#11) What you don't realize of that you are a victim of the left's meme of economic and financial gains are a zero sum game, i.e. - I can only earn a dollar at the expense of someone losing it. This is pure BS. True, it is not a zero sum game. When the wealth concentrate and wages stagnate or go down, the economic pie contracts and stagnates. Like in old Egypt or India, or American South, where Job Creators had it all. The sum can be negative. A Pole  posted on  2016-01-18   11:29:45 ET  Reply   Untrace   Trace   Private Reply   #14. To: A Pole (#13) The sum can be negative. It is definitely possible for the economic pie to shrink, the USSR for example proved that. But in the U.S. the economy has consistently grown with just about all sharing in some to degree. SOSO  posted on  2016-01-18   11:35:38 ET  Reply   Untrace   Trace   Private Reply   #16. To: SOSO (#14) (Edited) It is definitely possible for the economic pie to shrink, the USSR for example proved that Soviet economy was growing until Free Market reforms and country falling apart under Yeltsin. But in the U.S. the economy has consistently grown with just about all sharing in some to degree. Especially during the Great Depression. A Pole  posted on  2016-01-18   12:41:00 ET  Reply   Untrace   Trace   Private Reply   #17. To: A Pole (#16) It is definitely possible for the economic pie to shrink, the USSR for example proved that Soviet economy was growing until Free Market reforms and country falling apart under Yeltsin. Not for the average Boris. "But in the U.S. the economy has consistently grown with just about all sharing in some to degree. Especially during the Great Depression. And? Every economy has down cycles. FYI the upper class was hit much more hard than the rest of the country during the Great Depression both in relative and absolute terms. What we are talking about is the economic well being of ALL of a country's citizens. You obviously think that the USSR did very well by all of its people since is inception in the 1920s. Can I have some of what you are smoking? No country in history has developed as robust, broad and deep economically well off middle class than the U.S. Even the bottom rung of the U.S. economy enjoy a standard of living higher than the middle class of most countries in the world, and batter than the upper class of several. SOSO  posted on  2016-01-18   13:16:58 ET  Reply   Untrace   Trace   Private Reply   #22. To: SOSO (#17) No country in history has developed as robust, broad and deep economically well off middle class than the U.S. Thanks to FDR and New Deal, earlier to some extent to the plentiful land taken from Indians. Now this advantage is evaporating. Even the bottom rung of the U.S. economy enjoy a standard of living higher than the middle class of most countries in the world, I am curious, how do you measure standard of living? Discretionary income, freedom from debt, leisure time, happy stable families, number of TVs and cars per family, life expectancy, secure jobs, medical care, equal access to justice, culture like number of books read per year, foreign travel, meat, fish and fruits consumed per year? A Pole  posted on  2016-01-18   17:52:04 ET  Reply   Untrace   Trace   Private Reply   Replies to Comment # 22. #24. To: A Pole (#22) (Edited) I am curious, how do you measure standard of living? Discretionary income, freedom from debt, leisure time, happy stable families, number of TVs and cars per family, life expectancy, secure jobs, medical care, equal access to justice, culture like number of books read per year, foreign travel, meat, fish and fruits consumed per year? That is a good start on the definition. What you do with your life after having been given that is also important. How is your marriage and other interpersonal relationships?. How are your children doing? Do you have integrity and self respect. Do you merit respect from other people. Things such as these count for something. All value in life is not a matter of having a full gut and a big home. If there is absence of the things, you can end up living in a gold plated prison. rlk  posted on  2016-01-18 19:53:01 ET  Reply   Untrace   Trace   Private Reply   #25. To: A Pole (#22) No country in history has developed as robust, broad and deep economically well off middle class than the U.S. Thanks to FDR and New Deal, earlier to some extent to the plentiful land taken from Indians. Absolute BS. Thanks goes to Hitler and ToJo. It was WWII that catapulted the U.S. economy and expanded and deepened the middle. The New Deal did little to improve unemployment in the U.S. thru the 1930s. I am curious, how do you measure standard of living? Discretionary income, freedom from debt, leisure time, happy stable families, number of TVs and cars per family, life expectancy, secure jobs, medical care, equal access to justice, culture like number of books read per year, foreign travel, meat, fish and fruits consumed per year?" Yes. SOSO  posted on  2016-01-18 20:11:27 ET  Reply   Untrace   Trace   Private Reply   End Trace Mode for Comment # 22. Top • Page Up • Full Thread • Page Down • Bottom/Latest

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