The Super Rich Are Richer Than We Thought, Hiding Huge Sums

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Zaap

Diamond Member
Jun 12, 2008
7,162
424
126
Eat twice as much?
HA. If most of the retards whining about other people's money choked down even another 200 or so calaries a day beyond the insane over-consumption they already partake in, their hearts would litterally explode today instead of within the next five to ten years that so many are right on course for.

We have the world's fattest "poor" people, another calling card of the excellent first world dumbass.
 

BoberFett

Lifer
Oct 9, 1999
37,563
9
81
Look how stupid this post is.

We should point at it and talk about how stupid it is.

Admitting defeat already?

Disappointing, I thought there might be an interesting conversation to be had, but I was wrong. You can always count on a Democrat to fail when it really matters.
 

kia75

Senior member
Oct 30, 2005
468
0
71
For the people who hate the wealthy, what elements of humanity are you unable to take part in because these wealthy people have too much money?

What more would you have if their wealth were redistributed? Would you have twice as many cars? Twice as large a house? Eat twice as much?

In an economy based on consumption, what more do you feel you could consume?

I don't know that I'm qualified to answer this question, since I don't hate the wealthy, I'm on my way to being one right now. But if the wealth had less money and the poor had more then I'd be able to have my own business, or a better job.



It's sheer economics. Having a million people with a thousand extra dollars to spend a month is better for the economy then a single person with 100 Million dollars. That single person will never spend close to the 100 million dollars and thus the money gets frozen, but with the million people that money travels through the economy and . There is a reason why in the past when there was more wealth equality, there were more and better jobs (and more and better chances to get rich).
 

BoberFett

Lifer
Oct 9, 1999
37,563
9
81
Actually, that's not a joke.

Even with many peoples best efforts, some are still unable to provide for themselves or their families the basic necessities of survival.

Meanwhile, those who are born into wealth and have been a bunch of non-contributing zeroes to society gamble 100k every weekend in Vegas because they have nothing better to do with their time or money. Their income is solely based off of capital gains and taxed at half of the tax ratio that you and I pay. The rich do not make their money off of income like you and I do; they make their income in capital gains.

You didn't answer my question. How would the distribution of goods and services change if we confiscated every dollar from the wealthy?
 

BoberFett

Lifer
Oct 9, 1999
37,563
9
81
I don't know that I'm qualified to answer this question, since I don't hate the wealthy, I'm on my way to being one right now. But if the wealth had less money and the poor had more then I'd be able to have my own business, or a better job.



It's sheer economics. Having a million people with a thousand extra dollars to spend a month is better for the economy then a single person with 100 Million dollars. That single person will never spend close to the 100 million dollars and thus the money gets frozen, but with the million people that money travels through the economy and . There is a reason why in the past when there was more wealth equality, there were more and better jobs (and more and better chances to get rich).

You believe money in investment accounts is frozen?

Also, between your lack of understanding of money and your poor math skills, I don't believe wealth inequality is to blame for you not owning a business. You're off by a factor of 10, recheck your work.
 

OCGuy

Lifer
Jul 12, 2000
27,227
36
91
Any chance you can make a chart explaining the different brackets for Rich, Super-Rich, Rich as all shit, etc?

Also if you could indicate who we are supposed to hate today? I can't keep up.
 

Matt1970

Lifer
Mar 19, 2007
12,320
3
0
I would welcome that. First though, we confiscate their wealth, beat the ever loving fuck out of them, and let them serve long harsh sentences in America's roughest prisons.

And you are making sure you draw your line just above your fortune right?
 

Zaap

Diamond Member
Jun 12, 2008
7,162
424
126
There is a reason why in the past when there was more wealth equality, there were more and better jobs (and more and better chances to get rich).

Ahh yes, "back in the good ol' days...." Back when the streets were paved with gold. Back when if you weren't in a great depression or being drafted to die in a war, or being *actually* kept out of the market due to real discrimination not just "someone disagrees with me!!!!" people were just handing out money in the name of fairness.

Hint: there never was any "good ol' days. Hard work was *much* harder during most of human history than what's considered hard work today. A person without drive, talent, motivation and shuffling through life on crutches made of excuses blaming others for their own lack of success didn't succeed in the past any more than they do now. There never was, isnt now and never will be a zero sum game. Someone else not having a gazillion dollars won't ever mean you get a single dime of it.
 
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glenn1

Lifer
Sep 6, 2000
25,383
1,013
126
I don't know that I'm qualified to answer this question, since I don't hate the wealthy, I'm on my way to being one right now. But if the wealth had less money and the poor had more then I'd be able to have my own business, or a better job.

It's sheer economics. Having a million people with a thousand extra dollars to spend a month is better for the economy then a single person with 100 Million dollars. That single person will never spend close to the 100 million dollars and thus the money gets frozen, but with the million people that money travels through the economy and . There is a reason why in the past when there was more wealth equality, there were more and better jobs (and more and better chances to get rich).

Using this logic, some people have better looks than others and are thus more succesful in landing romantic partners. If the good looking had less beautiful features and the ugly had more then you'd be able to have a business or a better job. Maybe we should force the good-looking to them to have surgical procedures done to make them more ugly, or make them date people like the OP as punishment.
 

Zaap

Diamond Member
Jun 12, 2008
7,162
424
126
Using the same zero sum "logic", if you cut off the good looking people's noses, the ugly people will get good looking noses.
 

OCGuy

Lifer
Jul 12, 2000
27,227
36
91
I would welcome that. First though, we confiscate their wealth, beat the ever loving fuck out of them, and let them serve long harsh sentences in America's roughest prisons.

I'll give you directions to my house, you wont miss the safe.

You might as well lead the charge, amiright?
 

glenn1

Lifer
Sep 6, 2000
25,383
1,013
126
Using the same zero sum "logic", if you cut off the good looking people's noses, the ugly people will get good looking noses.

We'll force the tall to walk on their knees, limit the funny to telling only knock-knock jokes, and require the intelligent to vote "Green Party" to even things out for those less well-endowed and help them feel better about themselves.
 

Matt1970

Lifer
Mar 19, 2007
12,320
3
0
There is a reason why in the past when there was more wealth equality, there were more and better jobs (and more and better chances to get rich).

And you think that had nothing to do with the fact that we used to run trade surpluses? Now we send so much money overseas every year it isn't even funny. In 2007 we ran a $800 Billion trade deficit. We can't live without our $8 Wal-Mart blue jeans but lets just keep blaming the rich for why there are no good jobs left.
 
Apr 20, 2008
10,162
984
126
You didn't answer my question. How would the distribution of goods and services change if we confiscated every dollar from the wealthy?

Why would you confiscate every dollar from the wealthy?

That's you're problem. You only think in absolutes, white or black, one or zero. Literally, you're not worth someones time to even attempt to have a rational discussion.
 

kia75

Senior member
Oct 30, 2005
468
0
71
You believe money in investment accounts is frozen?

What does that have to do with the price of rice in China? Just asking random questions does not a valid point make. What do investments have to do with anything?


I believe I vaguely understand the point you're trying to make but you need to make your argument.

Also, between your lack of understanding of money and your poor math skills, I don't believe wealth inequality is to blame for you not owning a business. You're off by a factor of 10, recheck your work.

I was using hypotheticals, but this is first semester economics theory. The more money that is being traded, the better. Money being taken out of the money supply is bad for the economy.

If you want me to expound on this due to your ignorance of how economics work, I'm perfectly willing to do so.
 

BoberFett

Lifer
Oct 9, 1999
37,563
9
81
Why would you confiscate every dollar from the wealthy?

That's you're problem. You only think in absolutes, white or black, one or zero. Literally, you're not worth someones time to even attempt to have a rational discussion.

Well that is what your compatriot suggested. That and beating them to death.

Regardless of the percentage you want to redistribute, please explain in your own words what specific changes would happen to the consumption habits of the average American if we didn't have these wealthy people hoarding money.

Please, be specific.
 

Londo_Jowo

Lifer
Jan 31, 2010
17,303
158
106
londojowo.hypermart.net
Even with many peoples best efforts, some are still unable to provide for themselves or their families the basic necessities of survival.

Most people I know waited until they could afford a family before they proceeded. All are doing fine on a financial basis including those who are currently in their late 20's.
 

BoberFett

Lifer
Oct 9, 1999
37,563
9
81
What does that have to do with the price of rice in China? Just asking random questions does not a valid point make. What do investments have to do with anything?


I believe I vaguely understand the point you're trying to make but you need to make your argument.



I was using hypotheticals, but this is first semester economics theory. The more money that is being traded, the better. Money being taken out of the money supply is bad for the economy.

If you want me to expound on this due to your ignorance of how economics work, I'm perfectly willing to do so.

Americans consume far more than almost any other people on Earth. Even other relatively wealthy first world nation's citizens don't consume at our rate.

What more could we consume if the lower and middle class had more money?

http://en.wikipedia.org/wiki/List_of_countries_by_household_final_consumption_expenditure_per_capita
 

kia75

Senior member
Oct 30, 2005
468
0
71
Using this logic, some people have better looks than others and are thus more succesful in landing romantic partners. If the good looking had less beautiful features and the ugly had more then you'd be able to have a business or a better job. Maybe we should force the good-looking to them to have surgical procedures done to make them more ugly, or make them date people like the OP as punishment.

Using the same zero sum "logic", if you cut off the good looking people's noses, the ugly people will get good looking noses.

You guys do know that Economics isn't a zero-sum game, right? That as more money is passed around, more wealth is created. The problem right now is that lack of money being passed around.

Again, this is rather basic economic theory. I pay paul $5 for a sandwich, who then pays the baker $5 for bread, who then pays the farmer $5 for grain, etc etc etc. Nobody's nose is cut off, nobody is made handsome or ugly, or any of the straw man that you guys have just built. Everyone is now richer because this money made it's way through the economy.
 

Atreus21

Lifer
Aug 21, 2007
12,007
572
126
You guys do know that Economics isn't a zero-sum game, right? That as more money is passed around, more wealth is created. The problem right now is that lack of money being passed around.

Again, this is rather basic economic theory. I pay paul $5 for a sandwich, who then pays the baker $5 for bread, who then pays the farmer $5 for grain, etc etc etc. Nobody's nose is cut off, nobody is made handsome or ugly, or any of the straw man that you guys have just built. Everyone is now richer because this money made it's way through the economy.

So, again, is the money these people are keeping being hoarded in mattresses? Or is it sitting in a bank account or some other type of account? And do you suppose it's sitting there in a heap, or is the bank lending it out to people and businesses?
 

BoberFett

Lifer
Oct 9, 1999
37,563
9
81
So, again, is the money these people are keeping being hoarded in mattresses? Or is it sitting in a bank account or some other type of account? And do you suppose it's sitting there in a heap, or is the bank lending it out to people and businesses?

Don't question him, he'll tell you ignorant you are of economics, and that he would be a business owner if only it weren't for the wealthy having too much money.
 

BoberFett

Lifer
Oct 9, 1999
37,563
9
81
You guys do know that Economics isn't a zero-sum game, right? That as more money is passed around, more wealth is created. The problem right now is that lack of money being passed around.

Again, this is rather basic economic theory. I pay paul $5 for a sandwich, who then pays the baker $5 for bread, who then pays the farmer $5 for grain, etc etc etc. Nobody's nose is cut off, nobody is made handsome or ugly, or any of the straw man that you guys have just built. Everyone is now richer because this money made it's way through the economy.

Well Paul pays $4.50 for bread, because he paid $0.50 in taxes, and the baker paid $4.00 for grain because he paid taxes.

Wait, so who is killing the economy?

 

Matt1970

Lifer
Mar 19, 2007
12,320
3
0
You guys do know that Economics isn't a zero-sum game, right? That as more money is passed around, more wealth is created. The problem right now is that lack of money being passed around.

Again, this is rather basic economic theory. I pay paul $5 for a sandwich, who then pays the baker $5 for bread, who then pays the farmer $5 for grain, etc etc etc. Nobody's nose is cut off, nobody is made handsome or ugly, or any of the straw man that you guys have just built. Everyone is now richer because this money made it's way through the economy.

Just passing around money doesn't create wealth. And the food industry is a poor example of wealth creation.
 
Apr 20, 2008
10,162
984
126
Well that is what your compatriot suggested. That and beating them to death.

Regardless of the percentage you want to redistribute, please explain in your own words what specific changes would happen to the consumption habits of the average American if we didn't have these wealthy people hoarding money.

Please, be specific.

Who? What the fuck is wrong with you?
 
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