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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.
Exactly. There is a vast difference between hating the rich and hating what some who are rich (or want to be) do to achieve that exalted status.
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.
Who limited admiration to the rich and successful? No one, but you leftist sure like to attack the rich. Of course you do like the glitzy rich like Hollywood elite who like to show off their riches and mouth off a lot without trying to do a thing to help.
-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.
All correct, but the "Gimme dat!" contingency never thinks it through to those logical conclusions... Loans and lending DOESN'T happen unless there are investors providing the capital to fund them, which is even true of fractional reserve lending. Some capital HAS to be funding it.
Who limited admiration to the rich and successful? No one, but you leftist sure like to attack the rich. Of course you do like the glitzy rich like Hollywood elite who like to show off their riches and mouth off a lot without trying to do a thing to help.
I wasn't even speaking to you, I was responding to another poster, who DID limit admiration to such people.
You have no damn idea who I like and who I do not. Knock it the hell off.
Location: By the sea, by the sea, by the beautiful sea
68,333 posts, read 54,437,898 times
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I don't hate, it only saps energy from the hater and does nothing to the hated, but I don't believe $$$ in and of itself is a reliable measure of someone's worth as a human being. If I did I'd respect people like Saddam Hussein and Bernie Madoff, I don't.
I don't hate, it only saps energy from the hater and does nothing to the hated, but I don't believe $$$ in and of itself is a reliable measure of someone's worth as a human being. If I did I'd respect people like Saddam Hussein and Bernie Madoff, I don't.
Who says $$$ has anything to do with worth as a human being? Just look at all the useless $$$ lefty Hollywood celebrities who constantly spew self-righteousness but don't put their own money where their mouths are.
Location: By the sea, by the sea, by the beautiful sea
68,333 posts, read 54,437,898 times
Reputation: 40736
Quote:
Originally Posted by InformedConsent
Who says $$$ has anything to do with worth as a human being? Just look at all the useless $$$ lefty Hollywood celebrities who constantly spew self-righteousness but don't put their own money where their mouths are.
The OP who asked if people hate the rich with no other qualifier for that hate than than wealth.
I don't hate the rich, but I don't worship them either, unlike some on the right.
That's your problem, you don't understand that both investors (the rich) play an important part in society and in your eyes acknowledging they do to you is worshiping.
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