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Hawke[_3_] Hawke[_3_] is offline
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Default #OT# Recession is over!!!

On 4/5/2010 7:42 PM, Buerste wrote:
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...
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Does anyone actually deserve 400 million dollars? What's the point of
having that kind of money in the first place? Once you have all the
necessities of life covered everything else is just for useless luxuries
and doesn't do anything for you. Might as well let the government take
that surplus and use it for the common good. I would be glad to give up
that money if I were in his shoes. That's better than having one person
just buy himself more houses, cars, jewelry, and other crap rich people
buy because they have nothing better to do with their time.

Hawke


I've tried to explain it to you many times, you refuse to understand.
One-more-time:

People with money put that money to work! That money puts people to work!
You want to dump it into the Government pit where there is no
accountability, no efficiency, no progress. Oh, and did I mention, no
accountability?

All the rich people I know don't live lavishly, spend carefully and demand
value for each and every cent. I know a couple of people that are
billionaires, one co-signed bank loans for me when I needed it 12 years ago
and are long since paid off. They invest in companies that hire people, buy
materials and create MORE wealth. The cycle continues. Each payroll dollar
circulates seven times in a community. Also, the more wealth someone has,
the more philanthropy they do.

Never mind, I know this is beyond your Neo-Socialist talking points that you
limit your thoughts to.



You ways don't create, just consume.




Your problem is that your beliefs just don't comport with reality. To
you having the rich own most of the country's wealth is a good thing
because they put the money to work by investing it and by spending it.
That sounds good but the reality is the money is not well spent when
only a small portion of the population has most of it. Look anywhere
around the world you want and when a country's wealth is held by a small
fraction of the people you don't have a good country. It has always been
an American value that a strong and financially well off middle class is
what made the country better than any other country in the world. Yet
conservative policies have allowed that to get out of whack. The small
group that is controlling most of the country's wealth is not putting it
to it's highest and best use. They now invest in other countries, not
ours. Their money goes anywhere the rate of return is the highest. So
your old fashioned views are not valid in this century. It's just like
charity. The theory is that all you need to do is let people contribute
voluntarily when the need arises and it will be sufficient to deal with
a problem. But look at something like Katrina. No way could voluntary
giving by the wealthy be enough to handle the problem. So government has
to do the job. Besides, it's a well known fact that overall the wealthy
are cheapskates and don't contribute jack **** to charities. I seem to
remember that the average rate for charitable contributions by the rich
is about 1%. So maybe it's time for you to quit reciting fairy tales
from days of old and learn the facts for a change.

Hawke