Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
All of this is to say that Jack Bauer and Fox won the ideological battle for our soul. We have become a lawless nation torturing and even murdering whomever the Strong Man, currently Barack Obama, chooses. The public assumes that we’ve stopped torturing our enemies. Why do we think this? Because the torturers told us they have stopped. And that’s good enough for willfully ignorant American citizens.
From a couple articles I read, the VALUE of the materials/stocks etc he gave her went up... Not her growing it into something many times what she started with.
She received her fathers mining company in 1992. This is when she first appeared on the BRW Rich 200 List with an estimated net worth of $75 million dollars. Her current net worth is in the upwards of $29 billion now. She has since acquired multiple print and broadcast media companies. She has been a pretty solid businesswomen if you ask me. Granted she also had a little bit of luck thanks to a mining boom in Australia in the 21st century.
running a business isn't the same as running an economy, so i don't get how you can conclude that she has a good grasp of economics.
Obviously an economy has many many more factors than just a business. But I am a strong believer that the government local or otherwise should be run by people with a business mindset. Revenues need to at least match expenses, etc. She seems to be taking a capitalistic mindset to her approach on the Australian economy, which is that sales will go to the lowest bidder. Thus that is why she wants to lower their wage. In her view, she is saving their jobs and ultimately employing more people than would have been employed otherwise because labor is cheaper. I am not defending her, but I believe thats where she is going with it. I still think she is a disgusting selfish pig and I am sure she would NEVER take a pay cut herself for the sake of others.
No, it is most certainly not obvious from merely reading the OP. You may be completely correct in your interpretation, but it would have been far more helpful had you provided a link to the actual verbiage. Your assumption that folks will care enough to get past merely commenting and going to Google to check the accuracy is far off. Judging from the posts, no one really cares.
No assumptions here at all. I'm well aware that the braying mass would far rather believe and jump to comment on a blaring headline than actually take the time and trouble to read something in context. Way too much effort involved. However, even watching and reading many of the relevant excerpts which are all over the internet might lead one to assume a semblance of intelligent reading/listening comprehension. But for those who are interested, here you go:
Location: where people are either too stupid to leave or too stuck to move
3,982 posts, read 6,705,244 times
Reputation: 3690
Quote:
Originally Posted by ChiGuy2.5
Her father gave her only a small fraction of her current fortune. She really has created an empire from a good foundation. This doesn't mean I think she is "in touch" but at least she has an idea of how economics work. In my opinion, her idea about lowering minimum wage is one that, in her mind, is the last hope of saving Australian mining. Without any cut in pay for her, of course.
Yes and going from $75 million to richest woman in the world is quite a feat. I only hope I can be just as wise with what I inherit even though it will be just a small fraction of $75 million.
Yes and going from $75 million to richest woman in the world is quite a feat. I only hope I can be just as wise with what I inherit even though it will be just a small fraction of $75 million.
It's not very hard to double, triple, quadruple, etc. $75 million dollars, even if you have only rudimentary knowledge of how money works.
It's not very hard to double, triple, quadruple, etc. $75 million dollars, even if you have only rudimentary knowledge of how money works.
As the saying goes, it takes money to make money.
I worked in finance in the past and I can tell you that it would be very hard for me personally. However, you clearly have opportunities for a lucrative career in investment firms. Just tell them that you can quadruple $75 million and you're set for the rest of your life.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
$1.80 billion 
$4.39 billion 
$29.17 billion 
