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


To: combjelly who wrote (735788)8/29/2013 3:44:55 PM
From: bentway1 Recommendation

Recommended By
Emile Vidrine

  Read Replies (2) | Respond to of 1578015
 
"Oprah is just one example, though."

What Oprah and our entire cult of popular celebrity tells us is that the "market" system of rewards fails to enrich the truly deserving in our society, and thus, is a total FAIL. The president should make more than Oprah. A scientist who makes a breakthrough should make more than Kim Kardashian. Even a conservative asshole engineer like Ten should make more than Miley Cyrus!



To: combjelly who wrote (735788)8/29/2013 5:09:01 PM
From: Tenchusatsu2 Recommendations

Recommended By
i-node
one_less

  Read Replies (2) | Respond to of 1578015
 
CJ,
Why should she have a greater influence on politics than you or I?
a) Because people choose to watch her, listen to her, follow her recommendations, etc.

b) Because if I had as much influence as she did, Romney would have won in 2012, and I bet you wouldn't like that one bit.

c) Because if you had as much influence as she did, you might have actually caught the guy who hacked into Anthony Weiner's account, LOL ...

Bottom line is that she knows how to be successful. The rewards may be astronomically tilted in her favor, but it took a combination of hard work, skill, and good fortune to get there. All of those are traits that should be encouraged in a free market.

Once you decide that she makes too much, others will decide that YOU make too much as well. All of your arguments about "velocity of money" apply just as much to you as they do to Oprah. And I'm pretty sure that Oprah knows how to invest that money better than you or I.

By the way, Bentass thinks Miley Cyrus is an example of someone who makes too much, but people like her tend to squander their fortunes and end up back in poverty. Same with people who win the lottery. Too many of them squander their money and end up back where they were. You can't tell me that they're better with money than Oprah, or Tim Cook for that matter.

Tenchusatsu



To: combjelly who wrote (735788)8/29/2013 6:16:56 PM
From: i-node  Read Replies (1) | Respond to of 1578015
 
>> It is bad for the economy, that is why.

There is no evidence, and no credible economic theory under which that is the case.

You think these people put those billions under their mattresses?