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


To: Elroy who wrote (364628)12/28/2007 12:46:02 PM
From: tejek  Read Replies (1) | Respond to of 1576584
 
Lets make it easy.

I already made it easy. You just don't want to cop to what I am saying.......you are an Ayn Rand disciple......it goes against her credo to agree with me.

I'm a billionaire,

You wish.

you have an $80k per year income and $10k in savings. You invest $10k which makes 10% per year for your lifetime (not bad), I invest $990 million, which makes 12% per year for my lifetime (also not bad).

I'm richer than you and getting wealthier at a rate faster than you are.

Am I gaining wealth at your expense, or making you suffer?


Yes.

I don't think so, I just made better investment decisions than you did, and am reaping the benefits of those decisions.

Yup. You are a legend in your own mind.

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Does it bother you that athletes, musicians, actors and other entertainers are getting a larger share of the entertainment revenue pie than they did 50 years ago, while team owner's & business people's share of that same pie has been in decline?

Yes. Very much so. I don't believe A-Rod is worth $25 million per year. I know Shaun Alexander ain't worth the millions they are paying him......and don't get me started on that guy. I don't think Tom Cruise is worth $20 million. Even Will Smith....one of the best actors of our generation.......I don't think he's worth what they are paying him. Things are very out of whack when sports figures and actors get paid much more than presidents, governors, doctors, lawyers, teachers etc. Its bullshit!

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And you still haven't made a persuasive case that the extremely wealthy use their increased wealth in a harmful way. Again, Gates and Buffet spending 98% of their fortunes on the public good indicate that the system that allowed them to gain massive exhorbitant wealth is good for everyone as long as the beneficiaries of that system use their wealth for the common good. You got any evidence that that is not the case?

I told you.......Gates and Buffet are the exception. Paris Hilton spends her money on hair extensions; Britney Spears on Fraps from Starbucks. Sorry but I am not impressed.