How The Rich Are Winning

[flexy]

But that is what makes this country so great. Every single person has the opportunity to great riches in life if they want to go get it.

Honestly, this applies to almost any country. There are VERY FEW countries left where socialism still reigns and personal growth is not possible.

The more interesting questions COMES HERE....whether the personal gain of riches always involves "slavery" of others.

Sadly, yes. I say...if you work for others, you are a fool. Its probably nearly impossible to gain riches without involving a number of others who do actual cheap work for you. Admit it it is so. I do. Its the basic principle of capitalism.
This also "proves" that there will always be far less rich people - and far, far more low income people who do nothing else than SERVING and increasing the wealth of the few.

 

[Brigandier]

I love threads like this. Shows exactly why some people believe the "all poor/unemployed are just lazy" theory. Detached from reality ..

All poor are not lazy/unmotivated. The working poor lead pretty bleak lives for the most part, maybe finally making "alright" money ten years before they would retire. Some poor aren't even poor and just appear so, drawing government benefits while profiting from black market activities. Some poor are mentally handicapped, some are psychologically handicapped, some are also lazy.

There are at least as many types of poor people as there are poor people.

 

[spidey07]

Bullshit. You're blaming Obama for making things bad. Which means you think people and companies are doing worse BECAUSE of Obama. Yet according to your "theory," no one who has "the right attitude" can fail to succeed.

You don't believe a word you spout. You're a fvcking liar.

You don't get it. Companies holding onto their money and not growing doesn't mean they aren't successful. They are just weathering the obama storm choosing to hold onto what they have instead of growing it.

This is where the skill and wisdom to make good decisions comes into play. The smart move right now with Obama killing the economy is to minimize risk and build capital. Which is EXACTLY what companies and successful people are doing (or taking advantage of incredible money rates).

 

[shira]

You don't get it. Companies holding onto their money and not growing doesn't mean they aren't successful. They are just weathering the obama storm choosing to hold onto what they have instead of growing it.

This is where the skill and wisdom to make good decisions comes into play. The smart move right now with Obama killing the economy is to minimize risk and build capital. Which is EXACTLY what companies and successful people are doing (or taking advantage of incredible money rates).

But according to you, anyone RIGHT NOW, even a poor, unemployed person, has the key to riches right in his or her own hands. The economy HAS to be irrelevant, since according to you - that would be "blaming others."

Every single unemployed person can right now get up off their lazy-ass ass and become rich, in this Obama economy, simply by getting the right attitude and working hard. Every single unemployed American can be a multi-millionaire. This current economy is 300 million multi-millionaires just waiting to happen.

And if that's true, how come all the companies are "minimizing risk?" The current economy is an abundant opportunity for unlimited riches, right?

 

[Brigandier]

But according to you, anyone RIGHT NOW, even a poor, unemployed person, has the key to riches right in his or her own hands. The economy HAS to be irrelevant, since according to you - that would be "blaming others."

Every single unemployed person can right now get up off their lazy-ass ass and become rich, in this Obama economy, simply by getting the right attitude and working hard. Every single unemployed American can be a multi-millionaire. This current economy is 300 million multi-millionaires just waiting to happen.

And if that's true, how come all the companies are "minimizing risk?" The current economy is an abundant opportunity for unlimited riches, right?

I wonder how many unemployed are just waiting to get their foot in the door. But hey, I make a few bucks over minimum wages and I buy a powerball ticket when it gets over 100 million, so I guess I do have the key to riches.

 

[ericlp]

The rich will always win. Try becoming a president...try becoming a member of congress or a Mayer. If you don't got the green you ain't gonna win.

Money attracts even more money. So with out it your going no where fast.

 

[dmcowen674]

The rich are only winning if the goal in life is to have the most money.

So true as evidenced in here, the rich are some pretty sad people.

 

[desy]

Exactly, the social circles you swim in breed opportunity others will not get to. You might have been born into the club or earned your way in but glass ceilings exist.

 

[Craig234]

The rich will always win. Try becoming a president...try becoming a member of congress or a Mayer. If you don't got the green you ain't gonna win.

Money attracts even more money. So with out it your going no where fast.

The rich have massive benefits, but it's not fair to go so far as to say you can't become a political leader if you aren't rich.

Obama and Clinton were not wealthy at all, for example.

But it is fair to say that there's a big issue with how you have to raise massive amounts of Cash - looking at Obama's #1 private donor being Goldman-Sachs and those conflicts.

Clinton, (and of course Bush), too, sold us down the river on big finance issues.

(The Republicans in Congress of course were their paid spokespeople, while almost all the people in Congress standing up for the public were a minority of Democrats).

 

[shira]

I wonder how many unemployed are just waiting to get their foot in the door. But hey, I make a few bucks over minimum wages and I buy a powerball ticket when it gets over 100 million, so I guess I do have the key to riches.

Exactly. Just get the right attitude, buy enough powerball tickets (the money to purchase them will materialize if you just have the right attitude), and the forces of good will ensure you'll win that $100 million with just a few hundred tickets.

And, magically, if TWO marginally employed people get the right attitude and "invest" in powerball, they'll both win $100 million. And when word gets around that "attitude" is the sole criterion of success, MILLIONS of powerball "investors" will each win $100 million.

Ain't America great?

 

[Brigandier]

Exactly. Just get the right attitude, buy enough powerball tickets (the money to purchase them will materialize if you just have the right attitude), and the forces of good will ensure you'll win that $100 million with just a few hundred tickets.

And, magically, if TWO marginally employed people get the right attitude and "invest" in powerball, they'll both win $100 million. And when word gets around that "attitude" is the sole criterion of success, MILLIONS of powerball "investors" will each win $100 million.

Ain't America great?

Not if you let my secret out like that. You just destroyed my last hope of mattering in this life.

 

[boomerang]

[URL="http://spectator.org/archives/2010/07/16/americas-ruling-class-and-the"]America's Ruling Class -- And the Perils of Revolution[/URL]

This is a really, really long read.

 

[sandorski]

There's better chance of Social/Economic mobility in Europe than in the US. An unfortunate fact.

I believe it was Warren Buffet who said something like this, "There's a Class War in America and my side Won."(Note: He wasn't gloating, he was mourning the fact)

 

[spidey07]

There's better chance of Social/Economic mobility in Europe than in the US. An unfortunate fact.

I believe it was Warren Buffet who said something like this, "There's a Class War in America and my side Won."(Note: He wasn't gloating, he was mourning the fact)

Right. That's why my co-workers from Canada and England are begging to become citizens here in the states. They said there was no way they could have made this much money back home.

Face it, America is truly great and one has no real limits or barriers to one's success in life.

 

[IndyColtsFan]

Face it, America is truly great and one has no real limits or barriers to one's success in life.

The problem is that many of you guys equate money to success. That notion couldn't be further from the truth.

 

[sandorski]

Right. That's why my co-workers from Canada and England are begging to become citizens here in the states. They said there was no way they could have made this much money back home.

Face it, America is truly great and one has no real limits or barriers to one's success in life.

Sorry, but you Fail.

 

[spidey07]

Sorry, but you Fail.

Then why are they so happy here in the states and making much more money with greater earning potential? If they could do that back home why are they wanting to stay here and become citizens?

Because America is great, that's why. The land of opportunity.

 

[sandorski]

Then why are they so happy here in the states and making much more money with greater earning potential? If they could do that back home why are they wanting to stay here and become citizens?

Because America is great, that's why. The land of opportunity.

Fail on.

 

[HendrixFan]

The problem is that many of you guys equate money to success. That notion couldn't be further from the truth.

100% accurate. Thank you. Our society puts too much emphasis on money and not enough on everything else that rounds out a person.

Income inequality is a big issue, and sitting here saying "I got mine" isn't the correct answer. There is a system in place to make money, and if you play by the rules it really isn't too difficult for someone of above average intelligence.

 

[SammyJr]

You don't get it. Companies holding onto their money and not growing doesn't mean they aren't successful. They are just weathering the obama storm choosing to hold onto what they have instead of growing it.

They're not holding their money. They're paying it as compensation to the executive team and to provide golden parachutes for failures.

 

[BlahBlahYouToo]

But according to you, anyone RIGHT NOW, even a poor, unemployed person, has the key to riches right in his or her own hands. The economy HAS to be irrelevant, since according to you - that would be "blaming others."

Every single unemployed person can right now get up off their lazy-ass ass and become rich, in this Obama economy, simply by getting the right attitude and working hard. Every single unemployed American can be a multi-millionaire. This current economy is 300 million multi-millionaires just waiting to happen.

And if that's true, how come all the companies are "minimizing risk?" The current economy is an abundant opportunity for unlimited riches, right?

depends on how old they are and the choices they made earlier in life.

a 70 year old poor dude ain't exactly in a good position to become rich.
a 30 year old that flunked outta school HS, now with a criminal record ain't a candidate either.
a 20 year old, that studied hard, picked the right classes in college, on course to graduate with honors has a good chance to be successful in life.

 

[HendrixFan]

depends on how old they are and the choices they made earlier in life.

a 70 year old poor dude ain't exactly in a good position to become rich.
a 30 year old that flunked outta school HS, now with a criminal record ain't a candidate either.
a 20 year old, that studied hard, picked the right classes in college, on course to graduate with honors has a good chance to be successful in life.

That misses the entire point of the OPs post. How many people have "studied hard, picked the right classes in college, on course to graduate with honors"? More importantly, how many people can do that? If everyone were to do that, would everyone be successful in life? Of course not, there is a limit to the resources. It is the distribution of resources/wealth that the OP was talking about.

 

[Throckmorton]

The crowd who thinks everyone can be rich is completely out of touch with the reality of economics. It's literally impossible for everybody to be rich, or even middle class. Stratification is an inevitable part of a capitalist economy. The only thing that makes you rich, middle, or poor is your wealth relative to everyone else's. Note how the rich cry when we raise minimum wage to help the working poor.

The issue here is that the ones at the very very top are getting richer and richer, for some structural reasons, at the expense of everyone below. Wealth is a finite resource.

 

[JS80]

All poor are not lazy/unmotivated.

Sure. But most are.

 

[BlahBlahYouToo]

That misses the entire point of the OPs post. How many people have "studied hard, picked the right classes in college, on course to graduate with honors"? More importantly, how many people can do that? If everyone were to do that, would everyone be successful in life? Of course not, there is a limit to the resources. It is the distribution of resources/wealth that the OP was talking about.

we're not created equal. you work with what you were given and make the best of it.
a person's full potential might be upper middle class, and if he works towards it, it can be attained.
but he's not entitled to it. if he doesn't get his shit together, he'll be relegated to lower class poverty.
he has no one to blame but himself.