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Haha what hypocrisy! I mean listen to yourself. On the one hand you say there is nothing wrong with them making all this money..........then on the other hand you think they should be spending their money on putting other people to work? LMAO! Of course he's going to invest in real estate. It's how they make MORE MONEY! You think he's going to send kids to college on scholarships, open up half way houses, fund a hospital, or do something doesn't garner him more money? Stupidity I swear!
Mutombo, who donated $15 million from The Dikembe Mutombo Foundation, will soon unveil the Biamba Marie Mutombo Hospital in the Congo.
The hospital will provide health care to people in Kinshasa, Mutombo's birth place.
"Scores of Congolese die each day unnecessarily due to the lack of access to healthcare and modern medicine," Mutombo told NBA.com. "This hospital will be equipped with cutting edge technology, and will go a long way toward diminishing the shortage of doctors and medical experts in Congo."
While certainly a good deed, and still supporting your point, it is important to note that Dikembe Mutombo Mpolondo Mukamba Jean-Jacques Wamutombo only donated $3.5 million of that $29 million out of his pocket and the rest was raised through the charity with the help of his star power.
No, it is not. There is no long-term economic benefit from a sporting event because the sporting event does not produce any thing of real value in exchange for the money received.
Once the game is over, the fans that paid for the event have nothing to show for their hard-earned money. Their "experience" adds nothing to the economy as a whole.
The fact that some people have made money from the event does not alter that it is a dead end economically.
Contrast that to buying say tools or equipment in business, which continues to generate wealth every day.
Prosperity comes from generating wealth by both parties getting value in a business transaction. Entertainment in itself, has no economic value.
Quote:
Originally Posted by FinsterRufus
Tell that to the people who draw their paycheck from the entertainment business. It's basically a service industry. You could say the same thing about any business that sells experiences, like restaurants, and resort hotels for example. They don't "produce" anything of real value either, except to the consumer who values the experience. But they certainly employ a lot of people, and have various support industries that keep afloat because of their existence.
jimhcom: I see your point but the computer won't let me 'rep' you again.
FinsterRufus: I see your point too.
I guess at some point America as a whole decided: We're 'built up' enough so there's no great need to keep building. Let's focus on fun fun fun.
Tell that to the people who draw their paycheck from the entertainment business. It's basically a service industry. You could say the same thing about any business that sells experiences, like restaurants, and resort hotels for example. They don't "produce" anything of real value either, except to the consumer who values the experience. But they certainly employ a lot of people, and have various support industries that keep afloat because of their existence.
All true, but when a society overvalues "experiences" and undervalues real economic engines like saving and investing, you get what we have today, which is a failing economy.
Obscene salaries for entertainers are only a symptom of the bigger disease. A recent poll stated that 44% of the population could not put their hands on $2000 in one months time without borrowing or selling some of their possessions. In my book that means 44% of the population is a hop, skip and a jump from being homeless.
A society in that kind of financial condition cannot afford to be indulging themselves with so much entertainment.
All true, but when a society overvalues "experiences" and undervalues real economic engines like saving and investing, you get what we have today, which is a failing economy.
Obscene salaries for entertainers are only a symptom of the bigger disease. A recent poll stated that 44% of the population could not put their hands on $2000 in one months time without borrowing or selling some of their possessions. In my book that means 44% of the population is a hop, skip and a jump from being homeless. A society in that kind of financial condition cannot afford to be indulging themselves with so much entertainment.
+5. we're a society in the red........and she'll have fun fun fun 'til her daddy takes the T bird awayyyyy
in a nutshell we are an imbalanced society full of grown children. and children always vote for fun over prudence.
All true, but when a society overvalues "experiences" and undervalues real economic engines like saving and investing, you get what we have today, which is a failing economy.
Obscene salaries for entertainers are only a symptom of the bigger disease. A recent poll stated that 44% of the population could not put their hands on $2000 in one months time without borrowing or selling some of their possessions. In my book that means 44% of the population is a hop, skip and a jump from being homeless.
A society in that kind of financial condition cannot afford to be indulging themselves with so much entertainment.
As a general response, what is wrong with fun? Or are we suppose to live a life of work....work work 'till ya drop? Huh life is suppose to be fun and happy, life isn't always but it should be strived to be. Things created from the mind are as important as things created from the factory.
And as a guitar player, I can say music, art and such is something people put temendous hours into. Practicing and advancing 2, 4, even 6 or 8 hours a day to become better. And then there is the talent factor that some just shine through on, which those people if they are fortunate achieve stardom. I suppose Stevie Ray Vaughn and Charlton Heston and Will Smith and The Beatles and Earl Klugh and Peter O' Tool and Roy Clark and on and on wasted their lives away practicing and then sharing their art?
I don't want to live in a country or world without art, music and fun. Might as well just become dead.....
Last edited by lionking; 06-14-2011 at 01:10 PM..
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Of course he's going to invest in real estate. It's how they make MORE MONEY! You think he's going to send kids to college on scholarships, open up half way houses, fund a hospital, or do something doesn't garner him more money? Stupidity I swear!
