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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: ZenWarrior who wrote (149606)	5/30/2001 12:16:39 PM
From: Gordon A. Langston	Read Replies (1) \| Respond to of 769670

Only if you are an ultra-high risk taker as I have been. Otherwise, keeping it is a piece of cake. Hell, NOT making MORE money on it is downright difficult! You would have to be an absolute fool not to make more money. Let's see, what could possibly take your money? Taxes (federal), uh taxes (state, local and property) and possibly more taxes (estate) after you die. Maybe inflation? But then the money never really belonged to you, you were just a winner in the game and had yet to pay the other players, the losers, who so graciously allowed you to play. That's it, the losers are making the rules, how convenient.

To: ZenWarrior who wrote (149606)	5/30/2001 1:05:26 PM
From: Johannes Pilch	Respond to of 769670

You're right... you put it in a money market fund making 5% interest, or you put it into the stock market. (sigh) Really now. And magically your money just up and starts reproducing. How do you suppose that 5% interest happens? How do suppose gains in the market on the money happen? You must try to see that when you invest money, auxiliary wealth is created, eventually resulting in new companies, new technologies, jobs and ultimately increased living standards. Additionally, you don’t have to invest your money in a 5% interest fund. You can reinvest it in your business, your people, their tools, lives, etc. You can use part of it for new ventures, to buy new property, homes, planes, clothing, educations, charity, all of which eventually result in provisions for someone else. Many business owners do just this when they pull down 10 mill, and were we to stop demanding they pay half of their wealth to the “losers” (who are really winners simply by being part of the economy) they would do even more. Only if you are an ultra-high risk taker as I have been [is it hard to keep 10mill]. Otherwise, keeping it is a piece of cake. Ha! Guy are you serious????? The very dang minute you pull down the 10 mill, forces begin laying claims to it. The government instantly expects gobs of it and will get it unless you do something to stop it. And get this, doing something to stop it COSTS DANG MONEY! And that effort alone creates wealth for other folks. Then any income your 10 mill generates is also potentially assaulted by the government. Then, should you leave any of it to your children, it is assaulted all over again by the dang government. The effort to keep money is continual, and lasts even after death—and it constantly costs money, and this makes provision for others, even for the so called “loser” mailroom clerks and cleaning crews in law and accounting firms. Hell, NOT making MORE money on it is downright difficult! You would have to be an absolute fool not to make more money. That ain’t the dang point. Sure you can easily make more money on ten mill. But keeping the ten mill itself takes quite an effort. The minute you make the ten mill, the government makes lots of dang claims on it, and it will realize those claims unless you spend money to stop it. Ooops, spend money??? THERE GOES PART OF THE DANG TEN MILL!!!!