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I wouldn't say Risk when Banks are bailout by Tax Payers.... That Bailout actually ment rich getting richer with the money of workers, Risk free.
Who do you think is invested in banks? You know... those who provide the capital used to fund mortgages and bank loans?
Here's some info for you...
Quote:
"Can you name the biggest American investor? No, it's not Warren Buffett; as a matter of fact, it is not a person. It is CalPERS, the California Public Employees' Retirement System"...
Exxon
General Electric
Microsoft Citigroup
Bank of America
Johnson & Johnson
Wal-Mart
Pfizer
Proctor & Gamble JP Morgan Chase
Had the government not bailed out the banks, local, state, and federal public employee retirees everywhere across the US would not get their pensions or retirement benefits.
My take on the rich is that of credit to their abilities and know how. That being said I recognize the role being born to wealth--inheritance--and dumb luck has played in their status. I don't support the notions of super intellect--inherited wealth genetics or a lot of expertise outside of their fields of endeavor. We somehow tend to equate richness with leadership qualities--superior decision making abilities and other glorifications that simply don't score. We see a prime example of this in the news daily.
My experiences with the wealthy have noted the many personable attributes within their personalities. Good communication skills seem to come with the package.
On the darker side of the moon selfishness and arrogance often surfaces. Some feel they have some mysterious guarantee to privilege and are better than others.
If I were in their status perhaps I wouldn't be able to help myself either. I'm sure I won't have to be concerned with that!
My take on the rich is that of credit to their abilities and know how. That being said I recognize the role being born to wealth--inheritance--and dumb luck has played in their status. I don't support the notions of super intellect--inherited wealth genetics or a lot of expertise outside of their fields of endeavor. We somehow tend to equate richness with leadership qualities--superior decision making abilities and other glorifications that simply don't score. We see a prime example of this in the news daily.
My experiences with the wealthy have noted the many personable attributes within their personalities. Good communication skills seem to come with the package.
On the darker side of the moon selfishness and arrogance often surfaces. Some feel they have some mysterious guarantee to privilege and are better than others.
If I were in their status perhaps I wouldn't be able to help myself either. I'm sure I won't have to be concerned with that!
The rich got rich or get richer by screwing over everyone else. and that's why the wages have been stagnant since 1980. I know an old guy that's a multi-millionaire he goes to a restaurant and tries to get out of leaving a tip or he'll leave a measly, single DOLLAR when the bill was 50 bucks. Everyone knows rich people like that. They're selfish and greedy. This is your rich people in action. Yeah they're doing wonders for the country.
Had the government not bailed out the banks, local, state, and federal public employee retirees everywhere across the US would not get their pensions or retirement benefits.
But then you must admit that the System is mocked, the Super rich have managed it to sustain their gains without Risk and thus social mobility will never happen since the system will not allow Rich to become poor by risky investments and will not allow poor to become rich by filling the gaps of the economy where there is real competence since the mocked system does not allow rue competence by bailingout mockers.
Unless you make your own bricks, steel etc. NOT using any known technology or know-how, you are just a cheater.
All of things even the cows you just said were brought to us by blood sucking greedy rich people.
My Father Has caws, tht he inherited from his father, my granfather, who at the same time inherited from his father my grandgrandfather and so on... We have never been rich.
On the other hand, I have bought my bricks with my salary, and not by a mortgage loan I prize the people who work for getting things done and I see despicable the poeple who is seeking the borrowers to give them the credit to suck their blood... have you never ever been molested by Credit Card Bankers? they want you to take a loan and insist and insist and scare you that you may someday need it and they will reject to give it to you.
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.
If they don't want to do the jobs, millions or billions more would!
Wow. Chill out, there. I never said they were not paid, I only said they are shouldn't be dismissed as uninteresting because they aren't rich. Did you even see the post I was responding to?
But then you must admit that the System is mocked, the Super rich have managed it to sustain their gains without Risk and thus social mobility will never happen since the system will not allow Rich to become poor by risky investments and will not allow poor to become rich by filling the gaps of the economy where there is real competence since the mocked system does not allow rue competence by bailingout mockers.
Not true. Read The Millionaire Next Door. 80% of all Americans with a net worth of $1 million or more are first-generation wealthy.
I do not hate richness- I despise arsleholes - money should NOT change you as a human - if it has- have NO time or sympathy for you -I know a few well off, people- some nice - most NOT- and that includes family------
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