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Old 11-07-2014, 04:12 AM
 
Location: London
4,499 posts, read 4,028,614 times
Reputation: 2118

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Quote:
Originally Posted by Tenzo View Post
Hi, I'm one of those evil Millionaires who are living lavish lives and not paying their fair share.
The government says I'm responsible for a low minimum wage, people without homes and high health care costs.

Almost every speech I hear Obama talk about how bad we are and should pay our fair share!
< cut bragging about cars and such trivia >

Do you make your money out of enterprise or appropriating economic rent? If the former than good on you and buy car after car and have fun. If the latter then you are an economic parasite.
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Old 12-29-2014, 03:24 PM
 
Location: Passed out on the trail to Hanakapi'ai
1,645 posts, read 3,710,727 times
Reputation: 1272
Quote:
Originally Posted by John-UK View Post
< cut bragging about cars and such trivia >

Do you make your money out of enterprise or appropriating economic rent? If the former than good on you and buy car after car and have fun. If the latter then you are an economic parasite.
I generally work for "The Man" for a living. Works never hard to find as long as you realize that your value is an economic commodity.

I've run into a lot of people who say; "I won't work for that. I'm worth more".
As my Econ professor Steiner said; "a commodity is worth what people are willing to pay for it."
So, in my life I have had a job that paid minimum wage (Dishwasher when I was 16), three jobs that paid less than minimum wage (waiter, line cook and landscaper) and a whole lot of other jobs from newspaper boy, snow shovler, painter, pastor and EMT (Those two were for free), and a whole hell of a lot of other jobs.

I contend that there is always work available; it may not always be what you want to do, or where you want to do it, but it's there.*



*Disclaimer: I've been blessed with average health and intelligence. Whatever god or gods there are, I fully admit that they gave me the capital to work with.
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Old 01-02-2015, 07:32 AM
 
Location: East of Seattle since 1992, originally from SF Bay Area
33,266 posts, read 60,461,641 times
Reputation: 36846
Millionaire is defined as having a net worth of $1,000,000 or more. There are many millionaires who live a modest lifestyle and are not spending lavishly, and have to because their money is tied up in investments that total a million after subtracting their debt. For example, an older couple that bought their home in the 1970s for $50,000 and it's now paid off and worth
1.3 million may well meet the definition of millionaire, while they are living on a modest social security income.
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Old 01-02-2015, 07:45 AM
 
Location: The Triad (NC)
31,187 posts, read 68,363,969 times
Reputation: 37048
Quote:
Originally Posted by Hemlock140 View Post
Millionaire is defined as having a net worth of $1,000,000 or more.
But a million bucks (let alone the ROI/draw from it) just doesn't go as far as it once did.

Quote:
There are many millionaires who live a modest lifestyle...
50 years ago, however...
Thurston Howell, III - Wikipedia, the free encyclopedia
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Old 01-03-2015, 10:22 AM
 
Location: Londonderry, NH
41,478 posts, read 53,817,753 times
Reputation: 24702
If you monetize my pension at current interest rates I am a multimillionaire. Took me working for 60 years to get there. It feels good. I a definitely not a member of the upper class.
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Old 01-03-2015, 10:51 AM
 
Location: Passed out on the trail to Hanakapi'ai
1,645 posts, read 3,710,727 times
Reputation: 1272
Quote:
Originally Posted by GregW View Post
If you monetize my pension at current interest rates I am a multimillionaire. Took me working for 60 years to get there. It feels good. I a definitely not a member of the upper class.
Hat's off to the good job. (You evil millionaire : )
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Old 01-03-2015, 01:44 PM
 
48,508 posts, read 87,841,632 times
Reputation: 18144
Quote:
Originally Posted by Tenzo View Post
Hi, I'm one of those evil Millionaires who are living lavish lives and not paying their fair share.
The government says I'm responsible for a low minimum wage, people without homes and high health care costs.

Almost every speech I hear Obama talk about how bad we are and should pay our fair share!

So here I am to brag about my life. To tell you, the little people, how I live in luxury.
This is my confession, so eat your heart out.

I drive expensive and luxurious cars!
I own a 9 year old Saturn Vue. It's the length of a small car and I use it to haul rocks, junk, drywall etc. I used it to haul stuff when I built shelving in my luxurious one car garage. But I park on the street. On some day's I even have someone else drive me to work. That's right, I have someone who's only job is to drive people like me to work. It's the 156 bus.
My wife parks in the garage in her 8 year old car we bought used.
And my garage has an automatic garage door opener! hahahaha luxury!

I wear high priced clothes!
Right now I'm wearing a Gap Henley, a sweater from REI, hiking boots from 3 years ago, and Levis Jeans that are a year old. That's right beatches, my jeans are only a year old!

I eat at expensive restaurants!
My last dinner I ate at the neighborhood bar. Before lunch I ate at potbellies. For our 10th anniversary we went to an Italian place and rang up an outrageous bill of $170.
We go out to eat 2-3 times a month, because we can!

I shop at the best stores!
Gap, Levis, Costco, REI, Nordstrums and Macy's. Why just this year I got a tailored suit. I didn't really need one, my last suit I bought was in 2004 when I got married.
See, I even buy expensive clothes when I don't need to!
And I just got back from Costco and divided the food into two person servings. We have a STOCKED freezer, with MEAT!

I have money just spread around me!
Right now I have $42 in wallet as 'mad money'. That's money I carry around just in case I want to spend it! I have a big honking bowl of coins by the washing machine, cuz cash just flows out of my pockets. Why this week alone I found 52 cents that I picked up off the ground. Mostly its just pennies, but I pick up every one I see. Money must just fall from the sky around me!

Both my wife and I work full time jobs. Mine is 40 hours a week, my wife is a little more. She just got finished working 9 days straight. She spent 15 years learning her craft. I supported the family and she only have a mere $150,000 in student loans. We make so much, the government told us the student loans were no longer tax deductible. So we get to pay out about $12,000 a year in loans for interest only. We have so much money we pay the interest off every month. (But for some reason the principle is going up)

But back to the point. We are Millionaires!!!!

Yep, I've got it all calculated out. Right now we can retire in the high life!
At our ages we can expect to retire with $1,600 a month for the rest of our lives. That is 20% over the poverty rate! Ha HA HA!
Shoot we even have money to pay for my father in law's medical bill deductible after he fell down the stairs.

(except for that pesky student loan. )

So when you hear that those Millionaires aren't paying their fair share and are living the high life. They are talking about us Beatches!!!!! Obama says we are RICH!!!!
So why do you see yourself as evil.
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Old 01-03-2015, 01:52 PM
 
83,447 posts, read 80,944,099 times
Reputation: 59453
Quote:
Originally Posted by MrRational View Post
But a million bucks (let alone the ROI/draw from it) just doesn't go as far as it once did.

50 years ago, however...
Thurston Howell, III - Wikipedia, the free encyclopedia
to be the millionaire that existed in the year i was born (1950's) would take 12 million dollars to mean the same lifestyle.
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Old 01-04-2015, 11:45 AM
 
Location: Passed out on the trail to Hanakapi'ai
1,645 posts, read 3,710,727 times
Reputation: 1272
Quote:
Originally Posted by texdav View Post
So why do you see yourself as evil.
The government says I am
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Old 01-04-2015, 12:26 PM
 
33,031 posts, read 23,767,495 times
Reputation: 8988
Quote:
Originally Posted by Tenzo View Post
The government says I am

Got a cite?
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