Why Should I Worship the Rich?

I was wondering the same thing myself...Did I not get the memo?

 

Yep.

More and more people are looking upon greed and avarice with great contempt. (None of that helps working citizens.)

Indeed. But the ruse is about up. Just a matter of time before people (by the millions) loudly and vehemently demand what is fair, right and just.

 

So what are you doing to build wealth in your society?

 

That is the key question at the center of the morality of the issue.

Fair could be considered by weighing risk versus reward. Or it could be measured by comparing personal wealth versus the enrichment of society.

Ford certainly didn't have a problem with making money after he offered double the wage of the average working man. And the middle class thrived for the time.

Mind you Ford was a wacky Hitler supporter, so there are holes in my argument.

 

Who's worshipping the rich?

I don't give two thoughts about the rich. I don't cry about what they got, and I don't. I don't spend all day crying about how the rich are out to get me.

Maybe you people should ask yourself why you obsess over the rich, when it accomplishes absolutely nothing.

 

That is a very difficult assessment considering that you are not taking a risk by punching a clock everyday.

The ones who are taking a risk are usually the ones who are taking out their life savings, or a loan, and finding ways to fuse tangible and intangible ideas. Those people are now referred to as 'the rich.'

Or you can just make a popular phone app and Facebook will buy it for a ton of money. It's all the same these days.

Ford did it to reduce his turnover. Generosity had little to do with it.

How was Ford a Hitler supporter?

 

Anyone ever heard of Steve Jobs? Not the nicest character around but he made hundreds of millions of dollars for himself and his work made BILLIONS of dollars for other people.

How much did he work? When he was first developing his computer technology, routinely OVER 100 HOURS A Week. IIRC he promoted that attitude toward work among his employees with things like t shirts that said "90 hours a week and lovin it!"
And this was when the pay they got was pretty minimal.

I can name a bunch of professionals who have done the same. Mostly, when you hear the term "idle rich" it is in reference to people who are only idle because they busted their asses for 20 years at 4,000 hours a year.

 

Don't worship the rich altho they want you to. And they're trying to suppress your vote so don't let them. Vote republicans out of office while you still have the chance.

 

Why wouldn't you worship those sacred job creators?

Last week, a Du Pont got away with raping two kids. Rich people are just better.

 

They are thinking about YOU every day.

I will continue to "obsess" over the rich as long as they are trying to suppress our votes, buy our republic, and horde more wealth at the expense of everyone else.

 

Better check under your for them as well.

 

You shouldn't worship the rich, but neither should you obsess about them. Your success or failure likely has very little to nothing to do with how much I am willing to pay for Microsoft stock, and yet the willingness of people to pay X amount for Microsoft stock has everything to do with how rich quite a few millionaires are.

 

Yea, Mitt Romney paying 14% in taxes vs. me playing 30% has nothing to do with the worshiping of the 1% by our government.

Get real.

 

1.) There is lots of risk in going into a coal mine, or being in the military, or even being a school teacher.
2.) I think that there are many rich people who are risking other people lives savings. Madoff for example.
3.) The internet boom has been a huge example of people creating artificial value. imo Face Book is worth $12.65.
4.)That is correct, but the results were the same. A booming middle class and a booming America. You cannot claim that the policies of Friedman has accomplished anything except increasing the number of scrappers.
5.) Ford published several articles called "The International Jew". Ford believe that wars were created by greedy profiteers ( his words for Jews) and meet with Hitler, thinking Hitler was a pacifist.

 

when you only have to pay a tiny fraction of your income compared to their 50%+ it would appear that you are the one with the bigger tax break

 

All of which are very highly paid and lucrative professions.

Madoff was defrauding people. Taking risk is what I do, provided that my clients understand the risk. And when I provide a return for them, it is only natural that I receive compensation as well.

Facebook wasn't part of the internet boom. The tech boom was the result of very cheap and easy access to credit, which resulted in a lot of internet stocks that should have never seen the light of day.

Plenty of bad comes did fail, but a couple of good companies rose from the ashes, such as Yahoo, Google, Amazon, E-Bay, etc.

I wouldn't say that the economy was booming, as the new wage took effect in 1914. The boom in the economy started in the early 20s. I wouldn't say there was a booming middle class, if the economy had one to speak of around that time.

I recall Hitler being a fan of Ford, not the other way around.

 

You seem to have a comic book view of politics. It's the blue caped crusaders versus the red masked villains. Needless to say it's an inaccurate view of the world that keeps you from understanding the arguments and views of others. The Red masked villains don't worship the rich, nor want them to have multiple votes.

 

You should not worship anyone, the rich got their wealth by supplying the demand that the other classes are creating.

Did you read what happen in Venezuela with supply shortages? this was because the demand was skyrocketed , a wealthy middle class can support the 1% and when they do not corporate controlled state has to jump in and pay subsidies .

 

I think most people speaking about the rich taking from workers are actually referring to corporate America, not the rich neighbor who owns a company and is worth a few million as a result of his/her hard work and investment. It's more about the multi-millionaires who have derived that income as corporate executives, without any investment of their own or risk to their own wealth at all. It's a rigged system where boards are mostly comprised of other CEO's and executives, assuring each other a comfortable ride in exchange for their own comfortable ride. Even when the ride goes poorly they often are let go with a package that would carry most people for multiple lifetimes, something that would never happen to someone not in the good ol' boys' system.

The history on taking from the worker to enrich the executives (and shareholders) is pretty easy to see. Since the 1970s wages have flattened while executive compensation has skyrocketed. Worker benefits have shrunk while executive packages have continued to increase in value and offerings. Revenue - expenses = profit is exactly right, but within expenses is gross overpayment of the few with a failure to increase wages for the many for decades while simultaneously reducing other benefits. As a caveat, there's no other way to go about it when executives must be paid at exorbitant levels and shareholders demand a return on their investment. The only thing to cut once all efficiencies have been gained and materials/production is streamlined through waste reduction are salaries, benefits and any unnecessary overhead. And we continually hear about workers giving up compensation at various companies when they run into trouble, but we almost never hear about across the board executive (from director or junior VP levels to CEO/CFO/COO) cuts.

 

Because they pay the largest amount in taxes. Cant give federal tax breaks to the 47% who pay no federal taxes.

 

This is a part of what Rush Limbaugh is teaching. He is a voice of the Republican Party. He is obese, a drug addict and he looks ugly - one perfect person to represent GOP. His listeners are rednecks, religious right and, of course, the rich tax evaders.

 

Mits 14% in one year is still more payment of taxes than you will ever pay in your life.

 

IRRELEVANT strawman. Thanks for the 1% apologism.

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You don't get it. PEOPLE are not taxed. Income is taxed. Currently, income is not created equal. That is my problem. So why is Mitt Romney's income get special treatment and mine doesn't?

Flaws in the tax code.

 

Because you paid taxes on wages while Mitt paid taxes on Capital gains. Quit your job and invest in stocks if you want the same tax rates.

 

What you pay has less to do with what Mitt Romney pays and more to do with the healthcare plan your idol passed and the welfare programs passed by his predecessors on the left. If you want to get real, sounds to me like you are upset that you have to pay for the policies that you support. Ain't democracy grand?