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- The interest you pay on debt is someone else's income.
- When you buy a product, a portion of that money becomes someone else's income.
- When you pay for a service (ex: internet) a portion of that money becomes someone else's income.
- When you work, you exchange your time for money, they invest their money to produce profit
Since people hate the rich so much they should stop using debt and stop buying their products or services and in a renters case don't rent from them.
-If you want to take out a loan, you better hope a "rich" person has put money in the bank that can be loaned to you.
-If you can't afford to pay cash for a home, you better hope a "rich" person can fund your mortgage.
-If you want the government to borrow money to pay for your welfare, you better hope that there are "rich" people who can pay the taxes or buy treasuries.
-If you want your employer to expand enough to keep competitive and continue to provide you employment, you better hope that there are "rich" people that can loan them money.
-If you want to start a small business or want to see new small businesses come into your neighborhood, you better hope there are enough "rich" people to laon them money.
-If you want to sell your 401k or IRA stocks to fund your retirement, you better hope there are "rich" people able to buy those stocks.
Who hates the rich ? They earned it, and in America, that is what most of us strive for. Personally, I have worked side by side with a lot of multimillionaires over the years, and liked most of them a lot.
Who hates the rich ? They earned it, and in America, that is what most of us strive for. Personally, I have worked side by side with a lot of multimillionaires over the years, and liked most of them a lot.
Ok Don... who hacked your account and is posting as you? Somebody please bring back Don LMFAO
-If you want to take out a loan, you better hope a "rich" person has put money in the bank that can be loaned to you.
-If you can't afford to pay cash for a loan, you better hope a "rich" person can fund your mortgage.
-If you want the government to borrow money to pay for your welfare, you better hope that there are "rich" people who can pay the taxes or buy bonds.
-If you want your employer to expand enough to keep competitive and continue to provide you employment, you better hope that there are "rich" people that can loan them money.
-If you want to start a small business or want to see new small businesses come into your neighborhood, you better hope there are enough "rich" people to laon them money.
-If you want to sell your 401k or IRA stocks to fund your retirement, you better hope there are "rich" people able to buy those stocks.
"make them pay their fair share" and as the government takes more of their money then they have less money to lend and to expand. And of course not a word about the contribution they make to society by investing, offering jobs, services and products people need or want and are willing to pay for.
If the rich didn't invest, we'd still be riding horse and buggy, lighting our log cabin homes with oil lamps. If there wasn't a profit motive we certainly wouldn't have cell phones and computers.
Greed is taking something for which you give nothing of value in return. So who is guilty of taking without giving something in return?
I dont hate anyone. Im tired of SOME rich being destructive, creating private profit and socialized costs, also so called rentier situations.
Examples
Martin Shkreli
Epipen
Removal of original drug after patent runs out then minor reformulation and new patent.
Loss of right of first sale turning purchased items into licenses.
UPP and the Leegin desicision
NFL using monopoly power to blackmail cities
Citizens United
Carried interest for hedge fund managers.
Many private equity groups and hedge fund types deliberately destroying companies to make money and then being able to carry forward the "loss" (Lampert, Bain for example)
Quite possible yet another extension of copyright in 2018.
I admire rich, successful people, they are interesting to talk to, unlike hourly employees.
Why do I have a sneaking suspicion that you have, more than once, accused liberals of being "elitist?"
Those hourly employees you so casually dismiss are the ones who collect your trash, pave your roads, prepare your meals when you eat out, and care for your elderly loved ones when you can no longer do so without help.
Since you limit your admiration to the rich and successful, you've also pretty much dismissed school teachers, firefighters, and cops. Nice work, there.
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