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politics and politicians
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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: 9998
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?

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Begin Trace Mode for Comment # 29.

#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  


#5. To: paraclete, rlk (#3)

a life built on gaining wealth at the expense of other people is not something to be applauded. I used Gates as an example

Gates was not really so creative. He managed to take other people's ideas and many innovative companies got eradicated or taken over as a result.

He got an almost monopoly hold on the market what allowed to extract immense wealth from the captive customers.

IMHO, computer technology would be better without Microsoft

A Pole  posted on  2016-01-18   6:15:12 ET  Reply   Untrace   Trace   Private Reply  


#29. To: A Pole (#5)

IMHO, computer technology would be better without Microsoft

Computer technology would be better if Gates had never lived.

rlk  posted on  2016-01-19   4:42:48 ET  Reply   Untrace   Trace   Private Reply  


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