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Old 02-20-2017, 02:13 AM
 
Location: Los Angeles
14,361 posts, read 9,783,323 times
Reputation: 6663

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...that paid Rosa Parks rent for years:

Ilitch aids civil rights pioneer Rosa Parks, others - SportsBusiness Daily | SportsBusiness Journal | SportsBusiness Daily Global

The founder of Little Caesars discreetly paid Rosa Parks' rent for years

Not all white billionaires are bad, IMHO
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Old 02-20-2017, 02:41 AM
 
Location: Los Angeles (Native)
25,303 posts, read 21,443,353 times
Reputation: 12318
Saying all people of a certain group are bad is never a good idea
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Old 02-20-2017, 02:46 AM
 
687 posts, read 616,243 times
Reputation: 1015
The problem is the extreme wealth disparity, not any individual person's wealth.
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Old 02-20-2017, 02:53 AM
 
Location: Los Angeles (Native)
25,303 posts, read 21,443,353 times
Reputation: 12318
Quote:
Originally Posted by Basilide View Post
The problem is the extreme wealth disparity, not any individual person's wealth.
How can we fix that though?
Wealth creation is much more in the hands of an individual.
For example an article I read about Ilitch the founder of Little Ceasars said that he and his wife opened their first pizza place with money he saved from being a door to door salesman .
If he didn't first save that money and then didn't invest that money and take a chance he likely would of never become wealthy.

Even taxing rich people a lot won't create wealth for poor or middle class people .

Many people just don't have the discipline to save money in the first place in order to make those investments that lead to wealth .

It's up to the individual ultimately .
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Old 02-20-2017, 03:38 AM
 
34,619 posts, read 21,598,192 times
Reputation: 22232
Quote:
Originally Posted by Basilide View Post
The problem is the extreme wealth disparity, not any individual person's wealth.
My guess is that the amount of disparity between your wealth and the poorest persons wealth is huge.

Ready to have it knocked down for the sake of perceived fairness?
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Old 02-20-2017, 05:45 AM
 
45,676 posts, read 23,994,029 times
Reputation: 15559
Bill Gates & Warren Buffet!!!!!
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Old 02-20-2017, 07:41 AM
 
Location: Los Angeles (Native)
25,303 posts, read 21,443,353 times
Reputation: 12318
Quote:
Originally Posted by PedroMartinez View Post
My guess is that the amount of disparity between your wealth and the poorest persons wealth is huge.

Ready to have it knocked down for the sake of perceived fairness?
Right people are fine with reducing and dividing up the wealth of other people but not their own wealth .

It's just like the whole white privilege thing that liberals always cry about .

If white priveldge exists as they believe , white liberals wouldn't be willing to give up their positions at elite universities so a nonwhite student could enroll .

Would they give you their higher paying "white jobs" so that a black or Hispanic person in poverty could benefit and get themselves out of poverty ?

Answer is always No
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Old 02-20-2017, 08:44 AM
 
Location: Billings, MT
9,885 posts, read 10,967,002 times
Reputation: 14180
Compared to an indigenous person along the Amazon River, even the homeless in the United States are incredibly wealthy.
In fact, compared to the average wealth of the entire population of the world, United States citizens are quite wealthy.
Yet, one does not see many people sending half of their net worth to the starving in Africa.
Many people feel quite virtuous and self-congratulatory if they send $5 per month!
Redistribution of wealth or equitable division of wealth is a wonderful thing as long as it is the filthy rich other guy doing it!
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Old 02-20-2017, 08:47 AM
 
Location: Live:Downtown Phoenix, AZ/Work:Greater Los Angeles, CA
27,606 posts, read 14,587,616 times
Reputation: 9169
Quote:
Originally Posted by PedroMartinez View Post
My guess is that the amount of disparity between your wealth and the poorest persons wealth is huge.

Ready to have it knocked down for the sake of perceived fairness?
Sure, resort to a strawman to criticize the post you are responding to. Much easier than debating the actual points
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Old 02-20-2017, 08:58 AM
 
Location: Barrington
63,919 posts, read 46,707,495 times
Reputation: 20674
This presents perhaps more balanced perspective of " a rich old man".

Mike*Ilitch Was No Saint

Darn slick to be able to extract $284.5 million in public funds from Detroit a week after the city declared bankruptcy.
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