11 things the wealthiest americans could buy for the U.S. that most familys cant afford themselves

The game IS rigged. I don't think it's fair at all that the wealthy give their money to the poor. What needs to happen is to redesign the system so that everyone gets to hang on to their money better. When prices on things rise, it doesn't have an affect on rich folks. However, when that gallon of milk I just bought used to cost me $2 and now it's costing me almost $4, that had a huge effect on me.

My husband and I would be considered upper-middle class with our income. We have a modest fixed mortgage, less than what most people pay for rent and that includes taxes and insurance. We have no car payment and 1 credit card bill, yet we still struggle monthly to have enough to pay all the bills and have had to cut our grocery bill way down. Yes, we have internet and cable and even a wii. Everything we have we paid cash for, aside from the house and vehicles. But we have given up things to cut the bills down because he didn't get a raise 2 years in a row and lost overtime benefits. Our homeowner's insurance rose, almost every utility bill we get went up, food prices increase constantly, gas goes up..everything goes up except income. We're not struggling yet and we both still work (counting our blessings) but it does get harder and harder to hang on to any money. We used to go out to eat at least onece a week. Now, it's 2 or 3 times a year, maybe. No more movies, no more vacations, no more "just for fun" purchases. Pretty much everything we bring in goes to bills, gas and food. We've cut our bills down and we've cut our food down.

The middle class is shrinking and it is very quickly coming to a have/have not society.

Until the system is fixed to be more fair, it's going to keep going in this direction. It's is notunfair that the wealthy have money. It is unfair that those without a lot of money that work the hardest for it have to keep giving more and more of it away. The ratio of income to expenses is far greater for rich folks. The $2,000 in bills we pay is a huge chunk of our net income but barely a drop in the bucket to a millionaire. Even if their bills were tripped or quadrupled.

Its ok because Motorhead has the solution.

When the crunch comes to push and shove. Money has no value.

So, who are the billionares then?

Originally posted by zookey

When the crunch comes to push and shove. Money has no value.

So, who are the billionares then?

They have those bases covered with gold and silver. And probably a lot of Put options .
Don't worry they have it all figured out.

reply to post by mutatismutandis

If they did that they wouldn't be rich any more, they'd just be regular folks. Why go to the trouble of making money if you are going to have to share it.

I don't see what's so wrong with asking those who are hoarding so much wealth to actually distribute more of the wealth...I know a lot of yoou are going to go...oh blah blah they earned it they deserve it...but I see that argument as such a crock of sh*t when I look at many of the people in this country who stand no chance at earning only but a fraction of what many of the very rich have...

Originally posted by enament

Originally posted by zookey

When the crunch comes to push and shove. Money has no value.

So, who are the billionares then?

They have those bases covered with gold and silver. And probably a lot of Put options .
Don't worry they have it all figured out.

No; I mean when everybody starts rioting fighting and money actually HAS NO VALUE. and thus neither will your stock market.

Originally posted by Raelsatu
reply to post by mutatismutandis

 

Very interesting, but unfortunately that would never happen because the corporate billionaires/millionaires need to "provide for their family".

You do realize that this is communism right? A flat tax is the fairest way. Everyone pays the same amount.

The sheep herders have really made a impression on the populace in the last couple of years. Pretty soon they will have the sheep begging for spreading the wealth. I bet Hitler and Mussolini wish they could have lived to see this.

reply to post by mutatismutandis


Well thanks for pissing me off, stuff like this is a slap to the middleclass, we're force to work so these corporate bastards can make millions, and most of these people dont give a damn about us or the planet they live on anyways.

reply to post by CoherentlyConfused


Why is money needed anyways? Why couldn't a society exist were everyone lives in harmony and money isn't needed to build and expand that society? We already know that free energy is very possible, that we have the power to prevent hunger, that we are advance enough to not need a obsolete currency, but yet the big heads and politicians still push us further into wars and debt. all the while they sit in mansions counting a piece of paper that earns them whatever they want..

reply to post by zookey


The wealthy know exactly how to make even more money in crunches... And discounting those who have created their wealth in illegal ways, I see no reason why the wealthy should be forced to part with their riches.

What's really needed is the following:

People need to be taught about personal responsibility (they have to hold themselves fully responsible for all the good and the bad choices they have made in their lives)

And financially literacy should be taught in school.





Here's a question:
How many poor people have won million dollar lotteries only to end up broke and in an even worse financial situation than before they won?



Doug Casey on the poor:



Well, in the first place, though I'm not a Christian, let me quote Jesus of Nazareth. He said, "The poor, you will always have with you." He had a different context in mind, but he was quite correct. That's because in most cases, poverty is not a function of bad luck.

It can be, sometimes, of course. Perhaps if you're born in a country with a brutal and repressive regime, or if you're born with mental handicaps - there are all kinds of things that can happen. But generally, with a few such exceptions, poverty is simply a sign of bad habits. In a relatively free country, it's a sign of an inability or unwillingness to save, which is to say, to produce more than you consume. It's a sign of a lack of self-discipline. Sloth that afflicts those not willing to learn skills they can sell to other people. It can be a sign of having no self-respect, as among those who spend all their money on drugs and alcohol, which are debilitating, rather than strengthening.

In the vast majority of cases, those who suffer from poverty are not victims of anything other than their own bad habits.



www.caseyresearch.com...

We shouldn't take money away from just any rich person, that's wrong and will lead to tyranny quickly no doubt about it.

However, for those wealthy tycoons who can be proven with facts to have used illegal means to acquire their wealth, than by all means lets rob them back, legally.

Fraudulent and deceptive practices, market manipulation, price gouging or racketeering, etc. Let's do this the right way please folks.

People who play fair should be treated with respect, but the unlawful ones (the majority of the tycoons) should have to face being poor as punishment for their criminal endeavors.

reply to post by zookey


Put options are stocks that make a bet that something will fail. So if you had put options in airlines just before 9/11 you would be rich.

Originally posted by enament
reply to post by zookey

 

Put options are stocks that make a bet that something will fail. So if you had put options in airlines just before 9/11 you would be rich.

And how do you collect when money has ZERO value and also the stock market is well... non existing?

reply to post by Nobama

I'll try to answer the reason we need money. Money is a throttle on the baser instincts of man. As usually evidenced by someone winning a multimillion dollar lottery. They buy a big house, fancy car, maybe a boat and give some to relatives. Don't forget designer clothes, shoes and purses. In other words instead of investing it and living modestly they blow it. Soon after they can't pay taxes on their big house and it's sold at auction, Mr Macho wraps the fancy car around a tree because it's too much horse power, Money for most people is to buy stuff and most of the stuff they buy is junk. If you haven't grown up with real money you act like an idiot when you get some. Now imagine if there was no money and you could have everything you wanted.

Look at the future utopias. In the 24th century of Star Trek they were issued credits for everything from food, clothes, drinks (replicator credits) to buying thinks on shore leave. Star Wars had robots but money was still king. If you've seen Wall-E, look what happened to everyone when they didn't have to do anything except exist.

It would be foolish if everything was free. Without robotic keepers like on the Axiom who would take care of you and if we had robotic keeps then what is the point of existence.

Originally posted by Ferris.Bueller.II
reply to post by mutatismutandis

 

The big point is that why should they do this? Everything in that list dealing with American individuals and families is normally a personal responsibility. Why is it an organization like this promoting wealth redistribution is lauded, instead of promoting others to succeed themselves and provide for themselves and their families? Success is built on hard work and smart decisions, and not on panhandling and taking from others what is not earned.

I don't think that's what was intended, what was intended is to show in what every day families can understand, how much wealth these people have amassed and there is never any mention of them having to do it or should do it...it's just a perspective of how much they could afford. (COULD being the operativer word) That's all why is everyone screaming "aaaaaaaaaaaaaahhh OMGZ the Commie socialists are coming???!!!!

reply to post by zookey


You use a stable foreign currency. Or put you're money into gold and silver which will always retain its value.

Let's say that the wealthy were forced to do all of the things on that list.

Fast forward. Now we are all sharing the wealth. Everything is equal. Sunshine and roses.

Next, someone suggests that it isn't fair that all of us Americans have houses and cars and that we need to distribute all of OUR "wealth" (relative to the rest of the world) to those who are less fortunate in 3rd world countries. That's fair, right???

I know that there have been many corrupt businessmen over time, and that some of the "elites" have family fortunes that were amassed unethically. HOWEVER, I can't believe how many people are advocating seizure of their wealth for redistribution. I know times are hard, but do we really want to be the USSR? You see how well that worked out for the common folk over there. It has been shown time and time again that this type of communist arrangement does not work.

Originally posted by Bramble Iceshimmer
reply to post by mutatismutandis

 

If they did that they wouldn't be rich any more, they'd just be regular folks. Why go to the trouble of making money if you are going to have to share it.

Oh you mean the ones who expect us to share and share and continue to share until we're dead in the street? Did you come from an alternate dimension that this: TARP didn't exist?

Originally posted by enament
reply to post by zookey

 

You use a stable foreign currency. Or put you're money into gold and silver which will always retain its value.

But they wont exist either, no money anywhere in the planet has value and no stock markets, crap hit the fan, so, who are the billionaires now?