The 1% and their money

Page 3 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.

HamburgerBoy

Lifer
Apr 12, 2004
27,111
318
126
The issue I am pointing out is that it seems like every rich loser in this country is a cheap little bitch. Maybe that is why our country is the way it is now. There are a bunch of cheap fucks running it into the ground and there appears to be no end in sight. Go choke on that ham cock on Thursday. Do the world a favor.

How exactly does frugality in ones food purchases hurt the country? Do you consider personal savings to be money hoarding or something? Did you learn that velocity of money falls during a recession in ECON 101, and from that and the concept of stimulus thus extrapolate that not spending money is inherently unproductive? You are an incredibly materialistic individual.
 

Exterous

Super Moderator
Jun 20, 2006
20,569
3,762
126
Was P&N always this bad.

Its always been bad but I think the number of idiotic, fact bending/ignoring posters and threads have been increasing. It could also be that bad times make people want to 'blame those guys on the other side' for all their problems
 

Pr0d1gy

Diamond Member
Jan 30, 2005
7,774
0
76
How exactly does frugality in ones food purchases hurt the country? Do you consider personal savings to be money hoarding or something? Did you learn that velocity of money falls during a recession in ECON 101, and from that and the concept of stimulus thus extrapolate that not spending money is inherently unproductive? You are an incredibly materialistic individual.

You still think this country is based on Austrian economics? Wow, the wool is completely over your eyes.
 

mikegg

Golden Member
Jan 30, 2010
1,975
577
136
You still got it wrong after your edit. Tax revenue doesn't end up in the hands of the people, it's in the hand of IRS and the government. And you think government will use the money wisely and really stimulate the economy? lol. If government were smart, fiscally responsible and use money wisely, we wouldn't be in this hole the first place.
Like I said in my original post, as long as the money isn't lost by sending dollars to other countries, it should, in theory, stay within the U.S. and into the pockets of the people.

Whether or not the government uses the money wisely, the money still stays within the country and being used or in someone else's bank account.

The only way the money gets lost is if it's sent to a foreign country.
 

Nemesis 1

Lifer
Dec 30, 2006
11,366
2
0
The American Public on the dem side are completely brainwashed tards. School teachers get gooberment benefits to have plastic surgery to give better appearance . Now this is just a CRIME.
 
Feb 19, 2001
20,155
23
81
This is exactly the disconnect. Not everyone can just 'work for an MBA' or move to a new job. Some people have sick family they can't abandon to just up and move to a new city they've never visited before; and there are few areas that are interested in hiring a low-skill worker from out of town when there's one available nearby. Not everyone lives where there are good schools. Not everyone has family who can support them in any way, shape, or form, and in fact many have families who are huge financial drains. What, exactly, is your game plan for a hard working but poorly educated person with a family to support living in a city with very high unemployment? Not everyone can just stop getting income and go off to school for two years, or even afford the hundreds to thousands of dollars and dozens to hundreds of hours it costs just to apply to a decent MBA program.

The libertarian bootstraps fantasy is a laughable fiction without a robust safety net to allow hard-working people of all backgrounds security in their basic needs such that they can afford to take a big risk on changing careers, moving to a new area, or going back to school.

Not everyone can go to a top 15 MBA school. You're right. But I have tons of friends working and going to school. I quit work to go to grad school only because I saved up money. I could've done it while working. And it's not like I didn't work in school either. I taught to pay for my schooling. It's not the same as an engineering job, but there's always ways to go about it.

There's tons of financial help out there for you to go to college for free. People just don't try enough. It's the problem with this country. You wonder why all the foreign kids coming in are slaving their asses off and asking, "Why are the white people playing all day?" You bet that's what I thought when I studied at home and saw my neighbors play all day. Now I'm not going to look down on my neighbor who grew up with me for working at a bike shop, but when he comes on this board and whines and wants ME to pay more taxes so he can have XYZ government programs to bail him out? You wonder why you should've taken school more seriously.

You don't need an MBA to be making decent money. Even a BS degree can net you above average income easily. You're right, not everyone can afford an MBA to make 500,000 a year later down the road, but there's enough resources out there to make sure you can be a white collared worker if you wanted.

I'm advocating for personal accountability here. If you're not happy with your life then you better try your ass off to make something work.
 

OverVolt

Lifer
Aug 31, 2002
14,278
89
91
Austrian economics always applies. Thats the problem, trying to suppress the natural business cycle is causing all these distortions in the economy. If we let it get worse, we'll lose currency reserve status.

Its like in Rome when farmers were taxed so heavily and regulated to death it was easier to just collect entitlements rather than farm the land and then the empire was hit with unprecedented food prices (duh). The barbarians didn't so much as conquer Rome they just showed up and people were like "thank god take me with you!"

You wouldn't necessarily have to invade Greece so much as just walk in and say you're going to take it over. Any neighboring country would do.

The last bastion of Rome was the city itself, kind of like now where things are concentrating into cities, especially NYC and wall street. Or Brussels/Berlin. Of course they had massive problems because no matter what money games they played, there was no farmland/food.

The difference today is the tech/agriculture base is so strong, we are a long way off from that. 200 years from now people will look back and think we are dumb, definitely. In simple terms it won't make sense. "Can you believe as gas was getting more expensive they gave you money for a gasoline car!? 1 billion gasoline cars ended up on the roads during a time when oil supplies were strained" Will write some 12 year old 8th grader in 2222.
 
Last edited:

diesbudt

Diamond Member
Jun 1, 2012
3,393
0
0
Its always been bad but I think the number of idiotic, fact bending/ignoring posters and threads have been increasing. It could also be that bad times make people want to 'blame those guys on the other side' for all their problems

Not me. I blame Batman and the element Xenon, for all my problems.
 

MooseNSquirrel

Platinum Member
Feb 26, 2009
2,587
318
126
And just how do you think this theft of money is going to go to the middle class? Your entire premise if fundamentally flawed. Have you ever actually had a real job?

Big business gets taxed more. That means profit margins are squeezed, that means they have to cut expenses. Guess what the largest expense is?

Yep, salary and wages. Mission accomplished communist! Everybody is equally miserable!

Flawed premise.

Surely you understand the notion of profit after expenses?

Squeezing profts is not equal to squeezing money available for expenses. It will however squeeze the ability for those in charge to pay themselves as much. But is a completely different problem.
 

ShawnD1

Lifer
May 24, 2003
15,987
2
81
Lets be honest. When talking about single mothers who are single mothers because their husband died. We are talking about the 1%.
Divorce is the #1 cause of single parent families. Are you sure you're not living in the 1920s?
 

HamburgerBoy

Lifer
Apr 12, 2004
27,111
318
126
You still think this country is based on Austrian economics? Wow, the wool is completely over your eyes.

I didn't say that. You wished death on spidey and claimed he was basically destroying the economy because he purchases cheap food. Please elaborate on that.
 

werepossum

Elite Member
Jul 10, 2006
29,873
463
126
Not me. I blame Batman and the element Xenon, for all my problems.
:D Hell yeah! Stupid Batman, acting like he's all that when he's just another rich white dude in armored tights driving a dick-shaped supercar. We'd all fight crime and save damsels in distress if we were bored bazillionaire scientists and the damsels were hot and willing. Stupid xenon, acting all noble like it's better than me. Would it hurt you to bond with a little frickin' carbon dioxide once in awhile?