SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Alighieri who wrote (685659)11/20/2012 11:27:10 AM
From: i-node  Read Replies (1) | Respond to of 1577191
 
wealth is being unfairly accumulated in the hands of the very few...

Unfairly? What is unfair? Maybe I think it is unfair for you to have more money than tejek has. How about we take some of yours and give it to him?

There is nothing unfair about someone making more money than someone else. That's ridiculous. How is it unfair that Sam Walton's family has more money than mine has? He worked and achieved success. His objective was to make all that money. The man danced the Hula down Wall Street. He earned his money.

As fair-and-square as any person can.

and that this path is as unsustainable as the debt situation about which you and he are so concerned with.

You still seem to be under the ridiculous impression that wealth is zero sum. The Walton family wealth takes nothing, at all, away from other people. To the contrary, it is not possible for the Walton family to have accumulated that wealth without lifting a lot of other people up in the process. I'm not sure why you have so much trouble with that concept.

..and you also seem to fail to see that the wealth condition is unsustainably intertwined with the national debt.

If you confiscated 100% of the wealth of billionaires, how long would it take the country to waste that money?



To: Alighieri who wrote (685659)11/20/2012 2:39:00 PM
From: Tenchusatsu2 Recommendations  Read Replies (2) | Respond to of 1577191
 
Al,
I think both you and he miss the point that wealth is being unfairly accumulated in the hands of the very few...and that this path is as unsustainable as the debt situation about which you and he are so concerned with...and you also seem to fail to see that the wealth condition is unsustainably intertwined with the national debt.
So tell me how raising the minimum wage is going to fix this.

All it's going to do is raise unemployment and close a lot of small businesses. Big corporations will just move jobs elsewhere.

The gap between rich and poor will continue to grow. But it's OK. You have good intentions ...

Tenchusatsu