Why we love the rich and hate the poor - page 2.

neurotypical

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Quote from: ajareselde on September 17, 2014, 10:44:26 AM

Quote from: richardramirez9 on September 17, 2014, 10:41:23 AM

Because poor people want your money and you are naive enough to think rich people aren't greedy cunts.

Everyone wants money, both rich and the poor, and its never enough.
Make a poor man rich, and its most likely , he'll also want more.
The more u have, the more u crave for it.

Yeah, so how does that refute his argument anyway. Poor people think they are going to get money by being nice to rich people. Poor people hate each other because they are competing to do favors for rich people. It's a sad reality we live in.

POM

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botany

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Quote from: ajareselde on September 17, 2014, 10:44:26 AM

Quote from: richardramirez9 on September 17, 2014, 10:41:23 AM

Because poor people want your money and you are naive enough to think rich people aren't greedy cunts.

Everyone wants money, both rich and the poor, and its never enough.
Make a poor man rich, and its most likely , he'll also want more.
The more u have, the more u crave for it.

There are a lot of philanthropic guys out there.
While they still would be earning tons of money, they have started distributing their wealth.

sandykho47

sr. member

Activity: 252

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Knowledge its everything

It's simple
Because rich have a lot of money that can help government & other people who work for him/her
And people hate the poor, because they can't help anyone & make other people help him
People loves people who help him/her

But not every people hate the poor

Stockhome

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Because its how the world moves.

marney111

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Try not to talk with bias people. If you know you are not accepted in the society then move on. Their opinion doesnt really matter.

zorke

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Quote from: picolo on September 16, 2014, 01:48:27 PM

Quote from: wasserman99 on September 14, 2014, 07:43:05 PM

Quote from: zolace on August 28, 2014, 11:40:24 AM

Quote from: sana8410 on August 28, 2014, 11:38:18 AM

Quote from: zolace on August 28, 2014, 10:19:48 AM

Going all the way back to Smith in 1776 a "vibrant" middle class is required for any capitalist system to work. That is a large part of what makes capitalism unique, and why it is generally considered to be the most just economic system. For it to work the majority of your money has to be out there in the economy among the middle and lower classes circulating. If you end up in the situation where we are, with the vast majority of the money concentrated in the hands of a few, the system breaks down.

Look at the recent economic crisis. The entire crisis was essentially a recognition that pricing discovery had broken down completely. At the end of the day any free market system at its basest level is nothing BUT a price discovery mechanism. If price discovery has broken down your entire economy is essentially a farce...it is not doing its primary job.

In this case the break down was essentially caused by investment level hyperinflation. Econ 101...too much money chasing too few goods leads to inflation. The same thing happens with investments as happens with a loaf of bread at the corner supermarket. If you end up with too much capital in your top 20%, where that money tends to be put into investments instead of spent against goods and services, you end up in a situation where the real economy stagnates due to lack of wealth while investments get expensive because there is so much capital chasing so few investment opportunities.

In the past this has been self correcting to some degree because of the limited investment opportunities. Today we have the technology to create and track a multi trillion dollar derivatives market which allows us to artificially leverage the relatively few investment opportunities out there that are actually backed by hard assets.

It will eventually end up "correcting" anyway, the odds of our economy surviving it are just FAR worse than they have been in the past.

I want to note that I'm not even sure why you arguing for a "Robin Hood" type tax system. The argument against taxing the rich always boils down to "we shouldn't tax the rich to give to the poor". Well I don't want to speak for you but I bet he generally agrees. Most people agree some sort of welfare is always needed to hope those who would never be able to help themselves (such as the mentally handicapped) or those who are down on their luck; as an example.

Hell not I am not arguing for a robin hood type system. I have no desire to tax the rich and give it to the poor. I want to tax the rich and PAY OUR BILLS WITH IT.

We can make a logical argument for it (the wealthy are the only ones who can AFFORD to pay) or we can make a moralistic argument (they hold 90% of the wealth, derived 90% of the benefit, they should pay 90% of the bill) or we can just shrug and say "sometimes you just get screwed". I don't really care. I don't want my children to have to grow up in a third world country, and that is where America is headed if we don't do something about our fiscal problems.

This is why economic stupidity annoys me so much right now. We have serious, serious problems and by all accounts we have a very limited window in which to fix them. This is SERIOUS with nothing less than the very survival of our nation at stake. This is bar none the biggest clear and present danger that the US has ever faced.

The fast majority of the federal expenditures are either transfer payments to the lazy or otherwise benefit the poor. Very little of what the government spends it's money on is spent on things that benefit the rich/successful.

Granted a good portion of the federal budget does go to national defense, however this benefits everyone, but also makes it less necessary to institute a draft because we can invest in technology that allows us to have a smaller army (people with more wealth are generally exempt from the draft due to they usually fall into categories like them getting an education that prevent them from needing to serve).

Your point of view is interesting but the money that goes to the national defense is mostly wasted, heat up everyone against us and buy guns that will fall in our enemies hands

I would disagree with this. Most of the money from national defense goes to long term defense systems like R/D for new fighter jets or missile defense systems (to prevent a nuclear attack against the US/NATO).

sellbuybtc

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Because they hate themselves. And I also don't mean all poor people. I mean the poor people who hate the rich. The ones that actually hate rich people are the ones who are too lazy to get out there and do something for themselves. They don't want to go to school, they don't want good education, they don't want to work hard. I don't know what they are expecting. I'm sorry but it takes SOMETHING to have a good life. It doesn't come free. I'm not rich. I'm too young to be rich anyway, but I hope to work really hard (just done with school) and make money someday. I just feel bad for people who are too lazy to do that.

ajareselde

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Satoshi is rolling in his grave. #bitcoin

Quote from: richardramirez9 on September 17, 2014, 10:41:23 AM

Because poor people want your money and you are naive enough to think rich people aren't greedy cunts.

Everyone wants money, both rich and the poor, and its never enough.
Make a poor man rich, and its most likely , he'll also want more.
The more u have, the more u crave for it.

richardramirez9

member

Activity: 84

Merit: 10

Because poor people want your money and you are naive enough to think rich people aren't greedy cunts.

picolo

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Activity: 1022

Merit: 500

Quote from: wasserman99 on September 14, 2014, 07:43:05 PM

Quote from: zolace on August 28, 2014, 11:40:24 AM

Quote from: sana8410 on August 28, 2014, 11:38:18 AM

Quote from: zolace on August 28, 2014, 10:19:48 AM

Going all the way back to Smith in 1776 a "vibrant" middle class is required for any capitalist system to work. That is a large part of what makes capitalism unique, and why it is generally considered to be the most just economic system. For it to work the majority of your money has to be out there in the economy among the middle and lower classes circulating. If you end up in the situation where we are, with the vast majority of the money concentrated in the hands of a few, the system breaks down.

Look at the recent economic crisis. The entire crisis was essentially a recognition that pricing discovery had broken down completely. At the end of the day any free market system at its basest level is nothing BUT a price discovery mechanism. If price discovery has broken down your entire economy is essentially a farce...it is not doing its primary job.

In this case the break down was essentially caused by investment level hyperinflation. Econ 101...too much money chasing too few goods leads to inflation. The same thing happens with investments as happens with a loaf of bread at the corner supermarket. If you end up with too much capital in your top 20%, where that money tends to be put into investments instead of spent against goods and services, you end up in a situation where the real economy stagnates due to lack of wealth while investments get expensive because there is so much capital chasing so few investment opportunities.

In the past this has been self correcting to some degree because of the limited investment opportunities. Today we have the technology to create and track a multi trillion dollar derivatives market which allows us to artificially leverage the relatively few investment opportunities out there that are actually backed by hard assets.

It will eventually end up "correcting" anyway, the odds of our economy surviving it are just FAR worse than they have been in the past.

I want to note that I'm not even sure why you arguing for a "Robin Hood" type tax system. The argument against taxing the rich always boils down to "we shouldn't tax the rich to give to the poor". Well I don't want to speak for you but I bet he generally agrees. Most people agree some sort of welfare is always needed to hope those who would never be able to help themselves (such as the mentally handicapped) or those who are down on their luck; as an example.

Hell not I am not arguing for a robin hood type system. I have no desire to tax the rich and give it to the poor. I want to tax the rich and PAY OUR BILLS WITH IT.

We can make a logical argument for it (the wealthy are the only ones who can AFFORD to pay) or we can make a moralistic argument (they hold 90% of the wealth, derived 90% of the benefit, they should pay 90% of the bill) or we can just shrug and say "sometimes you just get screwed". I don't really care. I don't want my children to have to grow up in a third world country, and that is where America is headed if we don't do something about our fiscal problems.

This is why economic stupidity annoys me so much right now. We have serious, serious problems and by all accounts we have a very limited window in which to fix them. This is SERIOUS with nothing less than the very survival of our nation at stake. This is bar none the biggest clear and present danger that the US has ever faced.

The fast majority of the federal expenditures are either transfer payments to the lazy or otherwise benefit the poor. Very little of what the government spends it's money on is spent on things that benefit the rich/successful.

Granted a good portion of the federal budget does go to national defense, however this benefits everyone, but also makes it less necessary to institute a draft because we can invest in technology that allows us to have a smaller army (people with more wealth are generally exempt from the draft due to they usually fall into categories like them getting an education that prevent them from needing to serve).

Your point of view is interesting but the money that goes to the national defense is mostly wasted, heat up everyone against us and buy guns that will fall in our enemies hands

wasserman99

sr. member

Activity: 476

Merit: 250

Quote from: zolace on August 28, 2014, 11:40:24 AM

Quote from: sana8410 on August 28, 2014, 11:38:18 AM

Quote from: zolace on August 28, 2014, 10:19:48 AM

Going all the way back to Smith in 1776 a "vibrant" middle class is required for any capitalist system to work. That is a large part of what makes capitalism unique, and why it is generally considered to be the most just economic system. For it to work the majority of your money has to be out there in the economy among the middle and lower classes circulating. If you end up in the situation where we are, with the vast majority of the money concentrated in the hands of a few, the system breaks down.

Look at the recent economic crisis. The entire crisis was essentially a recognition that pricing discovery had broken down completely. At the end of the day any free market system at its basest level is nothing BUT a price discovery mechanism. If price discovery has broken down your entire economy is essentially a farce...it is not doing its primary job.

In this case the break down was essentially caused by investment level hyperinflation. Econ 101...too much money chasing too few goods leads to inflation. The same thing happens with investments as happens with a loaf of bread at the corner supermarket. If you end up with too much capital in your top 20%, where that money tends to be put into investments instead of spent against goods and services, you end up in a situation where the real economy stagnates due to lack of wealth while investments get expensive because there is so much capital chasing so few investment opportunities.

In the past this has been self correcting to some degree because of the limited investment opportunities. Today we have the technology to create and track a multi trillion dollar derivatives market which allows us to artificially leverage the relatively few investment opportunities out there that are actually backed by hard assets.

It will eventually end up "correcting" anyway, the odds of our economy surviving it are just FAR worse than they have been in the past.

I want to note that I'm not even sure why you arguing for a "Robin Hood" type tax system. The argument against taxing the rich always boils down to "we shouldn't tax the rich to give to the poor". Well I don't want to speak for you but I bet he generally agrees. Most people agree some sort of welfare is always needed to hope those who would never be able to help themselves (such as the mentally handicapped) or those who are down on their luck; as an example.

Hell not I am not arguing for a robin hood type system. I have no desire to tax the rich and give it to the poor. I want to tax the rich and PAY OUR BILLS WITH IT.

We can make a logical argument for it (the wealthy are the only ones who can AFFORD to pay) or we can make a moralistic argument (they hold 90% of the wealth, derived 90% of the benefit, they should pay 90% of the bill) or we can just shrug and say "sometimes you just get screwed". I don't really care. I don't want my children to have to grow up in a third world country, and that is where America is headed if we don't do something about our fiscal problems.

This is why economic stupidity annoys me so much right now. We have serious, serious problems and by all accounts we have a very limited window in which to fix them. This is SERIOUS with nothing less than the very survival of our nation at stake. This is bar none the biggest clear and present danger that the US has ever faced.

The fast majority of the federal expenditures are either transfer payments to the lazy or otherwise benefit the poor. Very little of what the government spends it's money on is spent on things that benefit the rich/successful.

Granted a good portion of the federal budget does go to national defense, however this benefits everyone, but also makes it less necessary to institute a draft because we can invest in technology that allows us to have a smaller army (people with more wealth are generally exempt from the draft due to they usually fall into categories like them getting an education that prevent them from needing to serve).

gts476

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Quote from: hannscryo on September 12, 2014, 11:05:11 AM

Quote from: GenieBTC on September 09, 2014, 10:08:58 AM

Quote from: realdope on September 08, 2014, 10:31:13 AM

Because poor people is stupid and think they can get rich too with hard work Roll Eyes

poor gets poorer, rich becomes richer.. Its what the society tells us today. We could not change that. Ever.

Yes expecially when talking about POS coins Cheesy

Do you math?

Is your comment sarcasm? Can't tell if idiot or comic genius.... Huh

hannscryo

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Quote from: GenieBTC on September 09, 2014, 10:08:58 AM

Quote from: realdope on September 08, 2014, 10:31:13 AM

Because poor people is stupid and think they can get rich too with hard work Roll Eyes

poor gets poorer, rich becomes richer.. Its what the society tells us today. We could not change that. Ever.

Yes expecially when talking about POS coins Cheesy

gts476

full member

Activity: 210

Merit: 100

Quote from: Poorri on September 10, 2014, 07:41:51 AM

Quote from: lemfuture on September 09, 2014, 05:24:40 PM

Quote from: Dexter44 on September 09, 2014, 05:20:52 PM

Rich people need poor people. Otherwise they cannot be what they are.

what they need poor people for

To pay them small so they can live big. Roll Eyes

Absolutely! They need poor people to make champagne and build Aston Martins and paint master-pieces to hang in their architectural castles! wait a second................. you need to be skilled as fuck to create that shit, and if your skilled, your not poor.

picolo

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Merit: 500

Quote from: Poorri on September 10, 2014, 07:41:51 AM

Quote from: lemfuture on September 09, 2014, 05:24:40 PM

Quote from: Dexter44 on September 09, 2014, 05:20:52 PM

Rich people need poor people. Otherwise they cannot be what they are.

what they need poor people for

To pay them small so they can live big. Roll Eyes

Dexter44 meant that if we are all rich, nobody is rich because you can be rich if some people are not rich

I don't think we love the rich and hate the poor, we respect the rich that seems less dangerous in the day to day life because they are unlikely to rob you but to some extent we hate the rich and like the poor

Poorri

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Quote from: lemfuture on September 09, 2014, 05:24:40 PM

Quote from: Dexter44 on September 09, 2014, 05:20:52 PM

Rich people need poor people. Otherwise they cannot be what they are.

what they need poor people for

To pay them small so they can live big. Roll Eyes

lemfuture

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Quote from: Dexter44 on September 09, 2014, 05:20:52 PM

Rich people need poor people. Otherwise they cannot be what they are.

what they need poor people for

Dexter44

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Rich people need poor people. Otherwise they cannot be what they are.

waqas

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Quote from: gts476 on September 09, 2014, 12:53:20 PM

Poor people smell bad, rich peeps smell nice?

Its very sadly true Poor smell bad and rich peeps smell nice I have this bad experience many time in my real life

Topic: Why we love the rich and hate the poor - page 2. (Read 7143 times)