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Rod Speed Rod Speed is offline
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Default Does anyone really need to be a billionaire?



"Ralph Mowery" wrote in message
k.net...
In article ,
says...
Not too many billions were earned totally ethically. More were
basically "stolen" - one way or the other.


Cite for us the many examples of American billionaires where they stole
it.


Gates did with Microsoft.


Nope.

He sold IBM on a system that he did not really have.


That's not stealing, that's just good business practice.

He markeded his system for $ 49.99 or
so and Digital Research was about $ 150.


That's not stealing either, just good business practice.

He proceeded to almost steal much other softwear.


Nope, just bought that operation, again just good business practice.

Walmart is doing similar things.


Nope, just very aggressive business practice.

They will make a contract with a company to buy
much more than the company can produce. The
company borrows money to expand. The next
time Walmart cuts the price of the contract.
The company has to take that reduced price
as they have to pay back a big load.


That's not stealing either.

If you look at the history of the 'giants' around the start
of the century you can see how they sort of stole the

millions then which would convet to billions now.

Even the most flagrant monopolistic practices arent really stealing.