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Forum » The 1% Close to Having As Much Wealth as the Entire Middle Class
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Thread: The 1% Close to Having As Much Wealth as the Entire Middle Class

post 1591385001 11-11-2019, 09:31 AM
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#211
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Originally Posted By isingmodel⏩
Right so you're one of those people who just doesn't think very hard about the world or the problems that may be emerging in it, and prefers to stay incognisant of it.

That's fine for you, but the reality is there are very serious problems with the way wealth and power is becoming distributed in society, and this is affecting a lot of regular people. And finding solutions to it will be very important going forward.
no wealth problems in my house
You have every opportunity to make it yourself

Socialism isn’t the answer
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Ass > tits
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post 1591385941 11-11-2019, 09:43 AM
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Originally Posted By 5x10⏩
no wealth problems in my house
You have every opportunity to make it yourself

Socialism isn’t the answer
Good for you, plenty of wealth problems elsewhere. You mind your life and let us do the thinking.
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BTC to $200k
post 1591386221 11-11-2019, 09:46 AM
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Yea because socialism works WAY better. Just ask to soviet union.
This fool's running a Honda 2000
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post 1591386681 11-11-2019, 09:50 AM
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Originally Posted By Jms89⏩
Yea because socialism works WAY better. Just ask to soviet union.
just ask the banks that got bailed out the last time with our money if that's isn't socialism what is that being said I want my money back.
post 1591386851 11-11-2019, 09:52 AM
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#215
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Originally Posted By Frank
The biggest difference is housing prices. I was able to buy my first house for 1.25X my gross salary. Graduates today are going to pay 3X their salary and up.

I've lived through it. I had it easier coming out of school than the kids today. I also had it better than the kids from the 90's so....maybe I just got lucky.

X generation is best generation.
Interesting, once again, maybe you have this delusion that you need a huge house, so you make excuses once again why you can't afford one.

Also, nobody is entitled to a house.
post 1591386961 11-11-2019, 09:54 AM
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Originally Posted By isingmodel⏩
Right so you're one of those people who just doesn't think very hard about the world or the problems that may be emerging in it, and prefers to stay incognisant of it.

That's fine for you, but the reality is there are very serious problems with the way wealth and power is becoming distributed in society, and this is affecting a lot of regular people. And finding solutions to it will be very important going forward.
What's your definition of a regular person?
post 1591387171 11-11-2019, 09:56 AM
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#217
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Originally Posted By MrMummyou⏩
Why the hell do they need so much money for,
eventually all of them will become a dust in the ground,so what's the point?
Bill Gates has a net worth of 107 billion dollars. What should be done about that?
post 1591387361 11-11-2019, 09:58 AM
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#218
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Originally Posted By Anachron⏩
And what were your monthly payments?

Because there is no way you were able to secure a mortgage locked in at sub-4% for 30 years...

Edit : I thought we had these guys contained in their bubble called R&P, perhaps this thread should be moved?
Sorry that some of us from the R/P section were curious about what you miscers were bitching and moaning about this day.....
post 1591387401 11-11-2019, 09:58 AM
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Why is this not in R&P?
post 1591387561 11-11-2019, 10:00 AM
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#220
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Originally Posted By MikeLowrrrey⏩
No I think a majority of people don't believe in taxing more. Something's gotta give, there's more and more angry people as time goes on and it's not a baby boomer vs. millennial thing.

A majority of the problems would be solved if kids were taught about predatory colleges and finances.
The millenial mindset, it's always someone else's fault.....
post 1591387601 11-11-2019, 10:00 AM
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#221
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Originally Posted By Dave22reborn⏩
Interesting, once again, maybe you have this delusion that you need a huge house, so you make excuses once again why you can't afford one.

Also, nobody is entitled to a house.
lol. bro you're missing the point. I own my own home, and I don't have a mortgage.
post 1591387681 11-11-2019, 10:02 AM
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#222
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Originally Posted By JeepBruh⏩
Why is this not in R&P?
Hmmmmmmmmm.....8 pages later, and the miscers complain about how it should be moved to the R/P section? I wonder why?
post 1591387761 11-11-2019, 10:03 AM
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Originally Posted By Frank
lol. bro you're missing the point. I own my own home, and I don't have a mortgage.
Okay, then what are you bitching about?
post 1591387921 11-11-2019, 10:06 AM
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Originally Posted By Dave22reborn⏩
Hmmmmmmmmm.....8 pages later, and the miscers complain about how it should be moved to the R/P section? I wonder why?
Because mods are being selective with their assessment of what is moved to R&P and what isn't if it favors their ideologies. They are online as this threadhttps://forum.obnoxiousbrutes.com/showt...hp?t=177728221was just locked, but this thread somehow isn't?

Misc doesn't need to be polluted with leftists propaganda. That is what R&P is for.
post 1591387981 11-11-2019, 10:07 AM
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No such thing as capitalism anymore.

Its just a subtle mix of socialism + cronyism.
post 1591388121 11-11-2019, 10:09 AM
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#226
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It never ceases to make me lol at cucks who tirelessly defend capitalism... Brb I saved and invested look at me now, I have a 30 year mortgage and make 120k/year

Yeah congrats you made it to the bottom of the middle class and all your chit is unsecure due to the likelihood of economic collapse every 7-10 years and soaring inflation as the fed is bailing out markets left and right due to Dodd-Frank. Brb but but my dad always said a penny saved is a penny earned brb my td Ameritrade is yielding 7% annually

Just fukking lmao
HTC
Proud Dad crew
6'4" height of the gods
post 1591388211 11-11-2019, 10:10 AM
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#227
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Originally Posted By BigDeeps01⏩
Let's hear your bright idea?
STOP SUBSIDISING THE WORKERS WAGES OF VERY PROFITABLE COMPANIES WITH TAX DOLLARS.

IMO this is the biggest difference in the last 20 years. The Amazons of this world own the political process. They can keep wages extremely low directly because they know the government will step in and subsidise their blue collar workers and families ie child tax credits, housing allowances, tax credits etc.

There is a major depot in Bedfordshire about 40 miles from London. It’s an expensive area to live. Their average worker earns about 25k gbp. Absolutely no way could you live in that area on that salary without the government stepping in.

They should be made to move up the m1 to somewhere a lot cheaper, say Birmingham, where you could live on that 25k. If you want to stay in Milton Keynes, fine, If you don’t pay a living wage for the area good luck getting anyone to travel 50 miles so they can work for you.

‘But muh capitalism’.. nah, it’s nothing like.
2023 bertie awards 2024 nominations

https://forum.obnoxiousbrutes.com/showthread.php?t=184693083
post 1591388331 11-11-2019, 10:12 AM
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#228
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Originally Posted By JeepBruh⏩
Because mods are being selective with their assessment of what is moved to R&P and what isn't if it favors their ideologies. They are online as this threadhttps://forum.obnoxiousbrutes.com/showt...hp?t=177728221was just locked, but this thread somehow isn't?

Misc doesn't need to be polluted with leftists propaganda. That is what R&P is for.
Leftist propaganda? Majority of the people bitching in this thread are the miscers themselves.
post 1591388401 11-11-2019, 10:13 AM
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#229
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Originally Posted By Peacening⏩
It never ceases to make me lol at cucks who tirelessly defend capitalism... Brb I saved and invested look at me now, I have a 30 year mortgage and make 120k/year

Yeah congrats you made it to the bottom of the middle class and all your chit is unsecure due to the likelihood of economic collapse every 7-10 years and soaring inflation as the fed is bailing out markets left and right due to Dodd-Frank. Brb but but my dad always said a penny saved is a penny earned brb my td Ameritrade is yielding 7% annually

Just fukking lmao
So you would replace capitalism with......
post 1591388541 11-11-2019, 10:15 AM
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#230
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1 Jeff Bezos $114 billion Amazon
2 Bill Gates $106 billion Microsoft, Cascade Investment
3 Warren Buffett $80.8 billion Berkshire Hathaway
4 Mark Zuckerberg $69.6 billion ********
5 Larry Ellison $65 billion Oracle
6 Larry Page $55.5 billion Google
7 Sergey Brin $53.5 billion Google
8 Michael Bloomberg $53.4 billion Bloomberg L.P.
9 Steve Ballmer $51.7 billion Microsoft, LA Clippers
10 Jim Walton $51.6 billion Walmart, inherited

How many of those are democrats? Fact of that matter is democrats are the party of the rich and they have fooled their base to vote for politicians to make them richer.
post 1591388561 11-11-2019, 10:15 AM
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#231
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Originally Posted By samsbolton⏩
STOP SUBSIDISING THE WORKERS WAGES OF VERY PROFITABLE COMPANIES WITH TAX DOLLARS.

IMO this is the biggest difference in the last 20 years. The Amazons of this world own the political process. They can keep wages extremely low directly because they know the government will step in and subsidise their blue collar workers and families ie child tax credits, housing allowances, tax credits etc.

There is a major depot in Bedfordshire about 40 miles from London. It’s an expensive area to live. Their average worker earns about 25k gbp. Absolutely no way could you live in that area on that salary without the government stepping in.

They should be made to move up the m1 to somewhere a lot cheaper, say Birmingham, where you could live on that 25k. If you want to stay in Milton Keynes, fine, If you don’t pay a living wage for the area good luck getting anyone to travel 50 miles so they can work for you.

‘But muh capitalism’.. nah, it’s nothing like.
Nobody is being forced to work at Amazon, and I'm sorry, but if you're at the bottom of that pyramid, you're easily replaceable.

It's like the bagger of a grocery store demanding a "living wage," you're doing something a 15 year old with a work permit can do.
post 1591388671 11-11-2019, 10:16 AM
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#232
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Originally Posted By JeepBruh⏩
1 Jeff Bezos $114 billion Amazon
2 Bill Gates $106 billion Microsoft, Cascade Investment
3 Warren Buffett $80.8 billion Berkshire Hathaway
4 Mark Zuckerberg $69.6 billion ********
5 Larry Ellison $65 billion Oracle
6 Larry Page $55.5 billion Google
7 Sergey Brin $53.5 billion Google
8 Michael Bloomberg $53.4 billion Bloomberg L.P.
9 Steve Ballmer $51.7 billion Microsoft, LA Clippers
10 Jim Walton $51.6 billion Walmart, inherited

How many of those are democrats? Fact of that matter is democrats are the party of the rich and they have fooled their base to vote for politicians to make them richer.
And if their wealth was confiscated, it would be spent in less than a year.

Not to mention that all of their employees would be out of a job.
post 1591388861 11-11-2019, 10:20 AM
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#233
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Originally Posted By samsbolton⏩
STOP SUBSIDISING THE WORKERS WAGES OF VERY PROFITABLE COMPANIES WITH TAX DOLLARS.

IMO this is the biggest difference in the last 20 years. The Amazons of this world own the political process. They can keep wages extremely low directly because they know the government will step in and subsidise their blue collar workers and families ie child tax credits, housing allowances, tax credits etc.
That is not true.

Sweatshops happen in 3rd world countries, that don't have welfare states. By your reasoning, sweatshops shouldn't exist in those places.

"Crammed into squalid factories to produce clothes for the West on just 20p a day, the children forced to work in horrific unregulated workshops of Bangladesh "



https://www.dailymail.co.uk/news/art...angladesh.html

All anyone has to do is look into sweatshops in countries without a welfare system, to show that pro-free market capitalist argument is nonsense.

Without employee rights, building and fire codes, corporations will try to get away with paying and treating workers like crap. We've see that for decades, in various countries around the world, from some of the biggest multinational corporations on the planet (e.g. Nike).
If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621

The Most Heartbreaking Thing That I've Learned About 'The Elite'.
https://forum.obnoxiousbrutes.com/showthread.php?t=178536851

Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
post 1591388951 11-11-2019, 10:21 AM
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#234
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Originally Posted By Dave22reborn⏩
Not to mention that all of their employees would be out of a job.
Their personal wealth =/= the corporation's wealth.

The corporation is a separate legal entity.
If You Don't Like To Talk About Your Feelings, This Might Help...
https://forum.obnoxiousbrutes.com/showthread.php?t=178926621

The Most Heartbreaking Thing That I've Learned About 'The Elite'.
https://forum.obnoxiousbrutes.com/showthread.php?t=178536851

Bitcoin And 'The Elite' - Why Bitcoin Is Not Revolutionary
https://forum.obnoxiousbrutes.com/showthread.php?t=179820783
post 1591389011 11-11-2019, 10:22 AM
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#235
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Originally Posted By Dave22reborn⏩
Nobody is being forced to work at Amazon, and I'm sorry, but if you're at the bottom of that pyramid, you're easily replaceable.

It's like the bagger of a grocery store demanding a "living wage," you're doing something a 15 year old with a work permit can do.
You’re not easily replaceable if you can’t afford to live by or travel to a place paying very low wages. You’ve missed the point.

Why on earth would you be in favour or YOUR tax dollars going to a massively wealthy company by subsidising the workers wages? Seriously?
2023 bertie awards 2024 nominations

https://forum.obnoxiousbrutes.com/showthread.php?t=184693083
post 1591389061 11-11-2019, 10:23 AM
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#236
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Originally Posted By JeepBruh⏩
1 Jeff Bezos $114 billion Amazon
2 Bill Gates $106 billion Microsoft, Cascade Investment
3 Warren Buffett $80.8 billion Berkshire Hathaway
4 Mark Zuckerberg $69.6 billion ********
5 Larry Ellison $65 billion Oracle
6 Larry Page $55.5 billion Google
7 Sergey Brin $53.5 billion Google
8 Michael Bloomberg $53.4 billion Bloomberg L.P.
9 Steve Ballmer $51.7 billion Microsoft, LA Clippers
10 Jim Walton $51.6 billion Walmart, inherited

How many of those are democrats? Fact of that matter is democrats are the party of the rich and they have fooled their base to vote for politicians to make them richer.
All you're proving is that hyper intelligent people tend to vote democrat
post 1591389161 11-11-2019, 10:24 AM
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#237
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Originally Posted By BetaAsPhuck⏩
That is not true.

Sweatshops happen in 3rd world countries, that don't have welfare states. By your reasoning, sweatshops shouldn't exist in those places.

"Crammed into squalid factories to produce clothes for the West on just 20p a day, the children forced to work in horrific unregulated workshops of Bangladesh "



https://www.dailymail.co.uk/news/art...angladesh.html

All anyone has to do is look into sweatshops in countries without a welfare system, to show that pro-free market capitalist argument is nonsense.

Without employee rights, building and fire codes, corporations will try to get away with paying and treating workers like crap. We've see that for decades, in various countries around the world, from some of the biggest multinational corporations on the planet (e.g. Nike).
No, they have sweatshops because of zero regulation, massive uneducated overpopulation, no expensive areas to live.. it’s not even remotely comparable come on..

The clue is in the word ‘forced’..
2023 bertie awards 2024 nominations

https://forum.obnoxiousbrutes.com/showthread.php?t=184693083
post 1591389231 11-11-2019, 10:26 AM
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#238
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Originally Posted By Brainfr33ze⏩
lol at thinking you own it.

government can take that away real quick.
Yeah, happens all the time
post 1591389331 11-11-2019, 10:27 AM
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#239
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Originally Posted By Dave22reborn⏩
Okay, then what are you bitching about?
I'm not bitching lmao. Take the time to read posts that you're responding to?

The biggest financial challenge young people have these days is inflated housing prices. It was not like that 20-30 years ago.
post 1591389381 11-11-2019, 10:28 AM
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#240
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Originally Posted By Jaroctor⏩
All you're proving is that hyper intelligent people tend to vote democrat
Just as long as you recognize the democrats are the party of the rich and don't have the best interest of the working class. What they say they are for and what the do in practice are two separate things.
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