Do you really hate it when ppl make a lot of money?

[Mr Pickles]

Inspired By: Text

One person being capable of making billions of dollars is a feat. And naturally, those that don't make as much get bitter. But are people really so bitter that they wouldn't take time step back and admire how hard a person actually worked to aquire such a high salary?

I look at these guys that manage hedge funds and think about the millions of people's life long investments they have in their hands and can't think of any reason we should feel bitter about the fact that they make so much. I can't imagine why we would want them to get paid any less. They do great, great things on a daily basis that very few people in the world can do. Shouldn't they be rewarded for working so hard to get to that status?

 

[dug777]

No.

 

[paulxcook]

I am of course jealous of their wealth, but I don't hate them for it.

 

[waggy]

nope not at all. i just wish i was one of them. but i don't hate them or how much they make.

 

[jonks]

Nope, but I don't applaud wasteful spending.

 

[Demon-Xanth]

I don't mind if they go and earn it, especially while helping others make money. But situations where someone gets a large bonus because they shafted every single employee of a company or made an excuse to raise the price of something I don't like.

If you manage a large set of mutual funds like they do, and those funds make money, you deserve to share in the success. If the funds are losing money, well, welcome to base pay city.

 

[AmpedSilence]

not angry at the guys that get money when they do well, do get angry at the guys that fail epically but still get huge sums of money as a pay off to leave.

 

[Svnla]

I don't have a problem with it but I do if those guys bet the wrong hand and the public will have to bail them out because they are too big to fail (big pensions/retirement accounts are invested in them), Bear Stearns for example.

Also one of the reason the gas price is so high right now is because of guys like these speculating on future prices.

 

[Mr Pickles]

See. Now where are the liberal idiots that do? Because oh man are they out there. I've heard cooks think salaries for CEO's and Presidents should be capped and there should be more control over it. Shit, if it were me in that seat and I had the power to adjust my own yearly income you're damn right I would. I don't get it.

 

[IceBergSLiM]

I love capitalism good for them.

 

[rh71]

There are a lot of "managers" and even owners who suck (official term) yet they still make tons of money. I'm not saying billions but wealth is not a sign of how hard they work or how good they are. Billionaires & some millionaires... I do think they worked hard and made good choices to get where they are - that's a ridiculous earning. But not every "rich" person deserves even close to that same respect right off the bat.

 

[KeithTalent]

I hate when people become insanely wealthy/popular when they have no discernable skill/talent. I have nothing against people that actually work hard or have some sort of special ability and they become insanely wealthy from that.

KT

 

[Mr Pickles]

Originally posted by: Svnla
I don't have a problem with it but I do if those guys bet the wrong hand and the public will have to bail them out because they are too big to fail (big pensions/retirement accounts are invested in them), Bear Stearns for example.

Also one of the reason the gas price is so high right now is because of guys like these speculating on future prices.

Ok, but would if I took it so far as to play the advocate here and say again "hey, if they can make the money, if the controls aren't in place that there are no restrictions limiting what they are doing with gas prices then so be it, that's just power to them"

Please, please, please don't turn this into a fucking gas thread.

 

[rivan]

Yes, it bothers me. I think hard work should be rewarded, as should success. The problem I have is that the fund managers for some of my 401(k) stocks are still paid handsomely (and even still get bonuses) while the funds they manage go into the toilet. I also believe there's a point where compensation becomes excessive and just plain gluttonous.

 

[IceBergSLiM]

Originally posted by: KeithTalent
I hate when people become insanely wealthy/popular when they have no discernable skill/talent. I have nothing against people that actually work hard or have some sort of special ability and they become insanely wealthy from that.

KT

Provide some examples of people that are insanely wealthy and popular that didn't work hard and have no skills.

 

[Mr Pickles]

Originally posted by: rh71
There are a lot of "managers" and even owners who suck (official term) yet they still make tons of money. I'm not saying billions but wealth is not a sign of how hard they work or how good they are. Billionaires & some millionaires... I do think they worked hard and made good choices to get where they are - that's a ridiculous earning. But not every "rich" person deserves even close to that same respect right off the bat.

But they must have done something right. Somewhere along the 20 years of work that they have put into a company that they started, somewhere along the few years of time they have spent turning a small business aspect into a big one, they must have done something right. They MUST have. We may see them as idiots but if they are getting paid that much then they must be doing something right.

 

[Svnla]

Originally posted by: KeithTalent
I hate when people become insanely wealthy/popular when they have no discernable skill/talent. I have nothing against people that actually work hard or have some sort of special ability and they become insanely wealthy from that.

KT

I hope you are talking about the Paris Hilton types and not these hedge funds types. I would love to be in their shoes but not good enough.

 

[Mr Pickles]

Originally posted by: IcebergSlim

Originally posted by: KeithTalent
I hate when people become insanely wealthy/popular when they have no discernable skill/talent. I have nothing against people that actually work hard or have some sort of special ability and they become insanely wealthy from that.

KT

Provide some examples of people that are insanely wealthy and popular that didn't work hard and have no skills.

Paris Hilton.

 

[purbeast0]

no but i do have somewhat of a problem w/other financial things at work ...

i know I am underpaid here but I like my job so I'm sticking with it. however last year I asked for a bigger raise. i got my bigger raise than normal. another coworker asked for a bigger raise too (started same time I did) and he did not get one. and by these raises we're talking like less than $10k extra the year.

then come this past february we get our bonuses. everyone got 11% bonuses but the higher ups get much ihgher bonuses.

i know for a fact that one of the higher ups got a bonus of 80k ... AFTER TAXES.

and it bugs me that they can't give other people who hav been here 3-4 years an extra 10k/yr. that type of stuff bugs me.

 

[KeithTalent]

Originally posted by: IcebergSlim

Originally posted by: KeithTalent
I hate when people become insanely wealthy/popular when they have no discernable skill/talent. I have nothing against people that actually work hard or have some sort of special ability and they become insanely wealthy from that.

KT

Provide some examples of people that are insanely wealthy and popular that didn't work hard and have no skills.

I dunno, Paris Hilton and the entire group of clods she hangs with is what came to mind as I was writing that.

KT

 

[Demon-Xanth]

Example of what I DON'T like:
http://www.sharonherald.com/bu...l_story_003184729.html

Home Depot CEO quit after 6 years and got a $210M severance package.
Home Depot has a $30M/year budget to reward good work

So 355,000 people do a good job, they share $30M, 1 person does a bad job, he gets $210M. That to me is really f'ed up.

 

[Svnla]

Originally posted by: MrLee

Originally posted by: Svnla
I don't have a problem with it but I do if those guys bet the wrong hand and the public will have to bail them out because they are too big to fail (big pensions/retirement accounts are invested in them), Bear Stearns for example.

Also one of the reason the gas price is so high right now is because of guys like these speculating on future prices.

Ok, but would if I took it so far as to play the advocate here and say again "hey, if they can make the money, if the controls aren't in place that there are no restrictions limiting what they are doing with gas prices then so be it, that's just power to them"

Please, please, please don't turn this into a fucking gas thread.

What part of "ONE OF THE REASON" you don't understand? ...ie...one of many many reasons..not the only one. Also, do some research and see if I was right about speculating or I just make it up and pull it out of my butt/conspiracy stuffs like some of the members here.

You said about turn it into a gas price, NOT me. Search the forum and see if I ever make a thread and whine about how high gas price is. :disgust:

 

[rh71]

Originally posted by: MrLee

Originally posted by: IcebergSlim

Originally posted by: KeithTalent
I hate when people become insanely wealthy/popular when they have no discernable skill/talent. I have nothing against people that actually work hard or have some sort of special ability and they become insanely wealthy from that.

KT

Provide some examples of people that are insanely wealthy and popular that didn't work hard and have no skills.

Paris Hilton.

Ms. Hand-me-down (although to her credit she has tried to do her own business ventures)...

To reply to your previous statement, hand-me-down positions exist in the business world also, corporate or otherwise. When you say "they must've done something right", it could mean they know the right people.

 

[IceBergSLiM]

Originally posted by: KeithTalent

Originally posted by: IcebergSlim

Originally posted by: KeithTalent
I hate when people become insanely wealthy/popular when they have no discernable skill/talent. I have nothing against people that actually work hard or have some sort of special ability and they become insanely wealthy from that.

KT

Provide some examples of people that are insanely wealthy and popular that didn't work hard and have no skills.

I dunno, Paris Hilton and the entire group of clods she hangs with is what came to mind as I was writing that.

KT

Her skill is keeping her name in the headlines. Also if you don't think she works hard she likely takes more business meetings in a week than you do in a month. you don't see stories of her business meetings only her drunk club nights. Try producing a tv show too those are like 12 hour days everyday.

next.

She isn't insanely wealthy either. She is rich. Her family is wealthy.

 

[NanoStuff]

In many cases, the reason they have a lot of money is because they started with a lot of money. Money makes money far more efficiently than working makes money.

The other possibility, or a combination of the two is a substantial amount of luck. He placed a bet on red and he won.

I don't hate rich people, but I do dislike that the system allows such vast personal gains.