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wow.

 
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Aske
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wow.
« on: January 20, 2008, 08:13:02 AM »

http://www.sun-sentinel.c...y?coll=sofla_tab01_layout
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Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
stroh
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Re: wow.
« Reply #1 on: January 20, 2008, 08:40:26 AM »

Somethin' must be cloggin' up the trickle.
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Fuzzy
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Re: wow.
« Reply #2 on: January 20, 2008, 08:53:41 AM »

I stopped reading after I got to this:

Quote
"Families with $50 million think they are poor because they're not big enough to be in the hundreds of millions," said Peterfriend-Ross, president of Family Legacy, a wealth advisory firm. She is also author of Mommy, Are We Rich?, a book about talking to children about money.

"It's all relative," she said. "If you pull up to a dock and yours is the smallest yacht...."


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Aske
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Re: wow.
« Reply #3 on: January 20, 2008, 08:58:24 AM »

I stopped reading after I got to this:

Quote
"Families with $50 million think they are poor because they're not big enough to be in the hundreds of millions," said Peterfriend-Ross, president of Family Legacy, a wealth advisory firm. She is also author of Mommy, Are We Rich?, a book about talking to children about money.

"It's all relative," she said. "If you pull up to a dock and yours is the smallest yacht...."


 Punch Balls

that's right!  and we can't afford to tax them anymore.  Roll Eyes  Devil
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Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
Uisce Beatha
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Re: wow.
« Reply #4 on: January 21, 2008, 07:21:54 AM »

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hobbit
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Re: wow.
« Reply #5 on: January 21, 2008, 01:31:32 PM »

I stopped reading after I got to this:

Quote
"Families with $50 million think they are poor because they're not big enough to be in the hundreds of millions," said Peterfriend-Ross, president of Family Legacy, a wealth advisory firm. She is also author of Mommy, Are We Rich?, a book about talking to children about money.

"It's all relative," she said. "If you pull up to a dock and yours is the smallest yacht...."


 Punch Balls

that's right!  and we can't afford to tax them anymore.  Roll Eyes  Devil


Well, sure we can.

But you're living in a dream world if you think it will make a real difference.



EDIT:
Incidentally, if there was some governmental glass ceiling that prevented me from buying a big ass yacht and new breasts for my wife (or get a new wife for that matter  Devil Wink ) - whats my motivation to start that business and succeed?

The problem is how better to share that success with the employees that helped make it happen.  Some have done admirable jobs of sharing stock and other bonuses - others have been shameful in their tactics.

« Last Edit: January 21, 2008, 01:38:03 PM by hobbit » Logged Return to Top

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Aske
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Re: wow.
« Reply #6 on: January 21, 2008, 01:38:09 PM »


Well, sure we can.
But you're living in a dream world if you think it will make a real difference.


have to agree to flat out disagree with you on that one.



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Quote
Russia has invaded a sovereign neighboring state and threatens a democratic government elected by its people. Such an action is unacceptable in the 21st century.
--  Chimpy McFlightsuit, CEO of Bu$hco Industries of 'Merka
Fuzzy
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Re: wow.
« Reply #7 on: January 21, 2008, 01:44:14 PM »

I stopped reading after I got to this:

Quote
"Families with $50 million think they are poor because they're not big enough to be in the hundreds of millions," said Peterfriend-Ross, president of Family Legacy, a wealth advisory firm. She is also author of Mommy, Are We Rich?, a book about talking to children about money.

"It's all relative," she said. "If you pull up to a dock and yours is the smallest yacht...."


 Punch Balls

that's right!  and we can't afford to tax them anymore.  Roll Eyes  Devil


Well, sure we can.

But you're living in a dream world if you think it will make a real difference.



EDIT:
Incidentally, if there was some governmental glass ceiling that prevented me from buying a big ass yacht and new breasts for my wife (or get a new wife for that matter  Devil Wink ) - whats my motivation to start that business and succeed?

The problem is how better to share that success with the employees that helped make it happen.  Some have done admirable jobs of sharing stock and other bonuses - others have been shameful in their tactics.




I'm probably close to your thinking on economic matters and I'm not advocating a glass ceiling. It's just that I have a hard time understanding anyone who thinks only having $50M equates to "poor".

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"You have brains in your head. You have feet in your shoes. You can steer yourself any direction you choose."
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gleek
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Re: wow.
« Reply #8 on: January 21, 2008, 02:07:08 PM »

EDIT:
Incidentally, if there was some governmental glass ceiling that prevented me from buying a big ass yacht and new breasts for my wife (or get a new wife for that matter  Devil Wink ) - whats my motivation to start that business and succeed?

Cuz it will still suck far worse to be unsuccessful and poor.
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hobbit
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Re: wow.
« Reply #9 on: January 21, 2008, 02:29:32 PM »

EDIT:
Incidentally, if there was some governmental glass ceiling that prevented me from buying a big ass yacht and new breasts for my wife (or get a new wife for that matter  Devil Wink ) - whats my motivation to start that business and succeed?

Cuz it will still suck far worse to be unsuccessful and poor.

Extremely few people that start businesses are poor (although some have been previously unsuccessful).  Either way, unsuccessful and poor is not the demographic here.  What would motivate the middle class to risk it all to start a business if the rewards were governmentally limited?

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stroh
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Re: wow.
« Reply #10 on: January 21, 2008, 02:30:50 PM »

Not working for the man.  Cool
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hobbit
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Re: wow.
« Reply #11 on: January 21, 2008, 02:31:25 PM »

I'm probably close to your thinking on economic matters and I'm not advocating a glass ceiling. It's just that I have a hard time understanding anyone who thinks only having $50M equates to "poor".

The point was that they didn't consider themselves 'rich' - they never said they were 'poor'.  Its a difference kind of insanity  Wink

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Fuzzy
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Re: wow.
« Reply #12 on: January 21, 2008, 02:34:23 PM »

I'm probably close to your thinking on economic matters and I'm not advocating a glass ceiling. It's just that I have a hard time understanding anyone who thinks only having $50M equates to "poor".

The point was that they didn't consider themselves 'rich' - they never said they were 'poor'.  Its a difference kind of insanity  Wink



I'm pretty sure we're on the same page but the article used the word poor. In any case it's a sad commentary and I guess proves that money can't buy happiness and is indeed a different kind of insanity.
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"You have brains in your head. You have feet in your shoes. You can steer yourself any direction you choose."
From Oh the Places You'll Go, by Dr. Seuss (Theodor Geisel)
stroh
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Re: wow.
« Reply #13 on: January 21, 2008, 02:41:57 PM »

.........proves that money can't buy happiness..........

But you can rent one hell of a good time.  Grin
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gleek
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Re: wow.
« Reply #14 on: January 21, 2008, 02:44:05 PM »

EDIT:
Incidentally, if there was some governmental glass ceiling that prevented me from buying a big ass yacht and new breasts for my wife (or get a new wife for that matter  Devil Wink ) - whats my motivation to start that business and succeed?

Cuz it will still suck far worse to be unsuccessful and poor.

Extremely few people that start businesses are poor (although some have been previously unsuccessful).  Either way, unsuccessful and poor is not the demographic here.  What would motivate the middle class to risk it all to start a business if the rewards were governmentally limited?

What kind of limit are you talking about? The reward of being your own boss is enough for a lot of people that start businesses even if they don't get super rich.
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Woman, open the door, don't let it sting. I wanna breathe that fire again.
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