Page 18 of 22 FirstFirst ... 81617181920 ... LastLast
Results 171 to 180 of 220

Thread: Super rich hold $32 trillion in offshore havens

  1. #171
    Light△Bender

    grip's Avatar
    Join Date
    Dec 2011
    Location
    ☚ ☛
    Last Seen
    12-13-17 @ 02:42 AM
    Gender
    Lean
    Moderate
    Posts
    17,224
    Blog Entries
    2

    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by washunut View Post
    This is a global number that seems to be a guesstimate. Not sure how much of this number is of U.S. based individuals. If you know the answer to that this thread might have some relevance.
    Where does it say that the wealthy have to be based or live in the US to have a profound affect on this country? Many international corporations have home offices in every major city in the world with no particular central location.




    Quote Originally Posted by muciti View Post
    The biggest reason for the wealth gaps in this country is that the poor line up by the millions and give their money to the rich. It amazes me how many people are pissed at the rich for this. All they are doing is taking the money that we are giving to them.
    Maybe because the rich are the only with enough money to sell anything.
    Einstein, "science without religion is lame, religion without science is blind."

  2. #172
    Sage
    Kreton's Avatar
    Join Date
    Apr 2011
    Location
    Colorado Springs
    Last Seen
    11-13-17 @ 08:01 PM
    Gender
    Lean
    Other
    Posts
    6,118

    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by grip View Post
    Maybe because the rich are the only with enough money to sell anything.
    Bullcrap. There are lots of small business in this country that are not run by the super rich that hundreds of millions of middle and lower class americans refuse to shop with. If a company does not underpay and undercover their employees and get their merchandise from slave shops the average american will not support them.
    “Most people do not listen with the intent to understand; they listen with the intent to reply.”
    Stephen R. Covey


  3. #173
    Professor

    Join Date
    Mar 2012
    Last Seen
    08-19-14 @ 02:07 PM
    Gender
    Lean
    Independent
    Posts
    1,824

    Re: Super rich hold $32 trillion in offshore havens

    What kind of wimps allow the Swiss and the pirate islands to get away with this? What is our military for if we can't use force against these criminal acts? What kind of pathetic wannabe has the fantasy that if he admires the rich for safely stashing their loot, then somehow that's as good as being rich himself?
    On the outside, trickling down on the insiders.
    We won't live free until the 1% live in fear.
    Hey, richboys! Imagine the boot of democracy stomping on your faces, forever.

  4. #174
    Sage
    VanceMack's Avatar
    Join Date
    Feb 2010
    Last Seen
    Today @ 12:12 AM
    Gender
    Lean
    Independent
    Posts
    54,728

    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by PrometheusBound View Post
    What kind of wimps allow the Swiss and the pirate islands to get away with this? What is our military for if we can't use force against these criminal acts? What kind of pathetic wannabe has the fantasy that if he admires the rich for safely stashing their loot, then somehow that's as good as being rich himself?
    1-how do you find it 'criminal' and 2-do you know how many of those individuals that have put money in offshore accounts since the 70s are Arab oil ministers, Russian crime syndicates, or Asian drug lords? You DID read the story, right? I mean...Id HATE to think you were just talking out of your ass. Wait...judging by your comments......

  5. #175
    Sage
    KevinKohler's Avatar
    Join Date
    Oct 2011
    Location
    CT
    Last Seen
    Yesterday @ 07:47 PM
    Gender
    Lean
    Undisclosed
    Posts
    15,995
    Blog Entries
    1

    Re: Super rich hold $32 trillion in offshore havens

    I've now seen more than a couple people refer to our economy as being NOT "zero sum". I have the sneaking suspicion that, for the most part, the folks using this term, don't understand fully what that means. As it deff pertains strongly to this discussion, I'll try to elaborate.

    When you say that our economy is not zero sum, you are saying that there is no fixed amount of wealth, that wealth can be both created, and destroyed. And, to some extent, this is true. Wealth can CERTAINLY be lost, and it can be created. However, unless you are suggesting that the rules of economics defy and break the laws of physics, then, in the ways that matter most, this concept is dead wrong. Simply put, our economy, from second to second, moment to moment, day to day, month to month, year to year...IS fixed. It is NOT zero sum. There IS a finite amount of wealth. Within a given period of time, there IS only so much that can be produced. To suggest otherwise is to deny common sense. Within one day, a plant can only build so many cars. Even if demand went through the roof, there is no way the plant could build more cars than it's capacity to do so. There are only so many ears of corn you can grow within a set amount of space, in a set amount of time. There is only so much effort and labor you can squeeze into a set amount of time. While the argument to this is true, that due to the nature of relative attributions of value that individuals place on everything, the economy is NOT zero sum (I value my X-men #1 comic at more than I paid for it, but can sell it to someone else for MORE than I value it, thus creating "wealth"), it still does not address the issue (that there are only so many X-men #1 comics out there, and I can't simply make more, and retain their current market value). In the most real sense, someone hoarding 100 billion in liquid capital and assets truly DOES limit what the rest of us can hoard.
    Last edited by KevinKohler; 07-25-12 at 08:58 PM.
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

  6. #176
    Tavern Bartender
    Constitutionalist
    American's Avatar
    Join Date
    Mar 2006
    Location
    Virginia
    Last Seen
    12-15-17 @ 10:49 AM
    Gender
    Lean
    Conservative
    Posts
    76,323

    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by Aberration View Post
    Except it is not at the expense of the masses.

    The economy is not a closed system. Just because one person has more, does not mean someone else has to have less.
    It does in Liberalland.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  7. #177
    Sage
    KevinKohler's Avatar
    Join Date
    Oct 2011
    Location
    CT
    Last Seen
    Yesterday @ 07:47 PM
    Gender
    Lean
    Undisclosed
    Posts
    15,995
    Blog Entries
    1

    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by American View Post
    It does in Liberalland.
    Then address my above post.

    I'm no liberal. Show me, explain to me, how our economy is not zero sum. Give me an example of how someone could, if they wish, suddenly grow MORE corn than they currently are, or build MORE cars, or find MORE X-Men #1 comics to sell.
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

  8. #178
    Guru

    Join Date
    Jun 2012
    Last Seen
    09-14-16 @ 12:48 AM
    Gender
    Lean
    Other
    Posts
    4,415

    Re: Super rich hold $32 trillion in offshore havens

    Time for capital controls........................lots of them.
    or if they dont want there money in USA then they get no protection of USA laws.

    No corp protection
    no patent protection
    no protection of rights
    no IP protection of any kind
    no property protection

  9. #179
    Sage
    KevinKohler's Avatar
    Join Date
    Oct 2011
    Location
    CT
    Last Seen
    Yesterday @ 07:47 PM
    Gender
    Lean
    Undisclosed
    Posts
    15,995
    Blog Entries
    1

    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by 274ina View Post
    Time for capital controls........................lots of them.
    or if they dont want there money in USA then they get no protection of USA laws.

    No corp protection
    no patent protection
    no protection of rights
    no IP protection of any kind
    no property protection
    A pretty good percentage of these people are NOT US citizens. Read the OP.



    Carefully.
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

  10. #180
    Guru

    Join Date
    Jun 2012
    Last Seen
    09-14-16 @ 12:48 AM
    Gender
    Lean
    Other
    Posts
    4,415

    Re: Super rich hold $32 trillion in offshore havens

    Quote Originally Posted by KevinKohler View Post
    A pretty good percentage of these people are NOT US citizens. Read the OP.



    Carefully.
    Yes I know that. Point is, we need to banish these people. Not allow them to pick and chose the good things that only they want in each juristiction. (country)

Page 18 of 22 FirstFirst ... 81617181920 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •