B
What do you think "rich" people do with their wealth? And, define
"rich".

Rich people either spend or invest their wealth. Most of what they spend
is simply wasting money on things they don't need or have any use for. For
example, Jennifer Anniston spent 250K on a nursery for her adopted baby.
Why a baby would need that kind of money spent on it makes no sense to me
but when you have millions of dollars more than you need you tend to throw
it away on useless things like that.

Nowadays rich is defined as someone who has assets worth around two and a
half million dollars. It's not income but assets or net worth that count.
That's just the starting point. But the maldistribution of wealth is such
that 1% of the population is worth more than 95% of everybody else, and
one tenth of one percent has most of that one percent. We already have
wealth redistribution. The problem is that it went from the middle class
to the top 5%. But for some reason that is okay with many of you. If
you're middle class that should make you mad.

Hawke

Why did that nursery cost $250k? Where did that money go?

It was spent lavishly on everything in the world a queen would have
wanted for her little prince. Like when Heather Locklear spent 10,000 on
a bassinet for her kid. They just throw money away because they have so
much. Just like when rich people lose tons of money gambling. They can
do it because they have so much. That's my point. When people get too
much, for whatever reason, they lose perspective of the value of things.
Our society has allowed the wealth of the country to be consolidated
into too few hands. Some say these people "earned" it. But I say nobody
should earn vast amounts of money no matter what they do to get it. If
pay is that far out of line super high taxes should be imposed on it to
reduce the inequity of it. I liked the old days when most of the wealth
of this country was held by the middle class. It was a better country.

Hawke