Looks like I'm set to make over 200K a year...

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IndyColtsFan

Lifer
Sep 22, 2007
33,655
688
126
But is it worth having to look over your shoulder???

http://www.politico.com/magazine/st...ng-for-us-plutocrats-108014.html#.U7RXZ7G4PFI

The Pitchforks Are Coming… For Us Plutocrats



You probably don’t know me, but like you I am one of those .01%ers, a proud and unapologetic capitalist.

Seeing where things are headed is the essence of entrepreneurship. And what do I see in our future now?


I see pitchforks.

At the same time that people like you and me are thriving beyond the dreams of any plutocrats in history, the rest of the country—the 99.99 percent—is lagging far behind. The divide between the haves and have-nots is getting worse really, really fast.

The problem is that inequality is at historically high levels and getting worse every day. Our country is rapidly becoming less a capitalist society and more a feudal society.

Unless our policies change dramatically, the middle class will disappear, and we will be back to late 18th-century France. Before the revolution.

And so I have a message for my fellow filthy rich, for all of us who live in our gated bubble worlds: Wake up, people. It won’t last.


If we don’t do something to fix the glaring inequities in this economy, the pitchforks are going to come for us.



No society can sustain this kind of rising inequality.



In fact, there is no example in human history where wealth accumulated like this and the pitchforks didn’t eventually come out.



You show me a highly unequal society, and I will show you a police state. Or an uprising. There are no counterexamples. None. It’s not if, it’s when.

The most ironic thing about rising inequality is how completely unnecessary and self-defeating it is. If we do something about it, if we adjust our policies in the way that, say, Franklin D. Roosevelt did during the Great Depression—so that we help the 99 percent and preempt the revolutionaries and crazies, the ones with the pitchforks—that will be the best thing possible for us rich folks, too. It’s not just that we’ll escape with our lives; it’s that we’ll most certainly get even richer.


Since when is $200K "rich" or in the 1%?
 

squarecut1

Platinum Member
Nov 1, 2013
2,230
5
46
I'll bet $200K that the OP is a 44 year old still living with his mom and has been laid less than half a dozen times in his life
 

artvscommerce

Golden Member
Jul 27, 2010
1,145
17
81
Does any of your income come from rental property? I would really really like to have this information.
 

momeNt

Diamond Member
Jan 26, 2011
9,290
352
126
Congrats.

Like the rest of ATOT has found out ahead of you, the first $100k is the hardest, getting to 200K felt pretty easy huh?

Enjoy the rode, I know the rest of us have.

Cheers.
 

TwiceOver

Lifer
Dec 20, 2002
13,544
44
91
Wow. $200k is a lot of money, but it's not OMG EXCESSIVE money. Live your dream OP.
 

mztykal

Diamond Member
Apr 21, 2000
6,713
48
91
I feel poor now making only 100k a year. And I has no rental income! I'm failing! :(
 

Tweak155

Lifer
Sep 23, 2003
11,449
264
126
Working 2 jobs and making $200k? Sounds like a waste of time. Figure out how to get 1 job at $200k.
 

Red Squirrel

No Lifer
May 24, 2003
70,723
13,851
126
www.anyf.ca
Great! Income's a little low for ATOT but if you get yourself an M3, I'm sure that will fix it. :D

He can always sell the M3 for more money than what he bought it for, too. :biggrin:

Stop making mortgage payments and that's like an extra grand per month right in your pockets too.

I think I'm doing this whole money thing wrong, now that I think about it. :biggrin:
 

Tommy2000GT

Golden Member
Jun 19, 2000
1,832
3
81
Google and Facebook workers make $200k and still have to live with roomates in tiny apartments in San Francisco.
 

Markbnj

Elite Member <br>Moderator Emeritus
Moderator
Sep 16, 2005
15,682
14
81
www.markbetz.net
Google and Facebook workers make $200k and still have to live with roomates in San Francisco.

In SF $200k makes you the modern equivalent of a tenant farmer.You have a house and a little land, but there are nine Lords above you who can all take your wife on your wedding night if they want to.
 

Engineer

Elite Member
Oct 9, 1999
39,230
701
126
No 200K is not including rental income.

5.gif
 

shortylickens

No Lifer
Jul 15, 2003
80,287
17,082
136
Yes. It will buy me a jet ski. Ever seen anyone frown on a jet ski? You know why not? It is impossible. The idea that money can't buy happiness stems from people who have none or people who have no idea what to actually buy.

I'd like some fast ATV's and maybe a go-kart.
 

IndyColtsFan

Lifer
Sep 22, 2007
33,655
688
126
Working 2 jobs and making $200k? Sounds like a waste of time. Figure out how to get 1 job at $200k.

This.

I would make much more than $200K if I worked two jobs like the one I have. What's the point though? I'm too old to work like that and want to enjoy life. I even saw a job posting today in my area of expertise for $325K but you could tell it is one of those "work 120 hours every week" jobs. No thanks.
 
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Red Squirrel

No Lifer
May 24, 2003
70,723
13,851
126
www.anyf.ca
I don't even know what I would do with 200k/year. Retire early I guess, then build a huge mansion of a cottage on a lake that I buy. :D