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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (260134)11/14/2005 7:56:42 PM
From: steve harris  Read Replies (1) | Respond to of 1572753
 
Would the "idle rich" include famous entrepreneurs like Michael Dell?

Is he a democrat or a republican?

That is the "nuance" isn't it?



To: Tenchusatsu who wrote (260134)11/14/2005 7:59:13 PM
From: bentway  Read Replies (3) | Respond to of 1572753
 
I wouldn't consider Mr. Dell one of the idle rich. Paris Hilton though..? My brother is a musician that plays ski and other resorts and casinos, and has introduced me to quite a few idle rich. They like to include him when they party, because he's "cool", and he likes it because it's on their tab.

One guy he hangs with is an alchoholic, drug addicted inheritor of the Chrysler fortune. He jets around in his own jets, owns houses all over the country, yachts on both coasts, yet does nothing other than party. He's really a sad waste of a man.



To: Tenchusatsu who wrote (260134)11/15/2005 1:41:17 AM
From: Elroy  Read Replies (2) | Respond to of 1572753
 
Would the "idle rich" include famous entrepreneurs like Michael Dell?

No, but it will likely include some of his grandkids who will be multi, multi millionaires in return for nothing more than being born. In my mind there is something wrong with that.

I think earned wealth is great and deserved. You work hard, you do something great, or you just get lucky, and you deserve the subsequent wealth. But there is something wrong with inherited wealth. Mike Dell's grandkids and their families are no more entitled to start off with $100 million in the bank than your or my grandkids, in my opinion. I know current law says that's the way it is, but its not the best system.

I don't no the solution off hand, but there should be some way to tie personal assets to personal achievement - the very wealthy should have done something exceptional that the average person has not. In the case of entrepreneurs its obvious what they have done, but in the case of inherited money, all they have done is get themselves born.