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Super rich hold $32 trillion in offshore havens

Hare said:
Nonsense, what of the sub 5 percent unemployment figures we enjoyed in the late 90's and mid to late 00's? Was the country virtually dripping in "dependent pets" and "pathetic ****s?" The discrepancy in employment figures both in the U.S. and abroad in relation to those of the 60's can easily be attributed to technological advances that have allowed employees to maintain production and profit margins with fewer employees than previously needed. Your rants are both amusing and entertaining, but that's the extent of their use.

While I'd love to wade through that absolute mess of a paragraph chock full of juicy personal insults and generalizations about just about anyone hovering within shouting distance of the poverty line, I attempt to avoid deliberately wasting more than a mere few seconds on subject matter that happens to be this devoid of thought or meaning.
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Yes...we were. Far too many and those numbers continue to swell to what we have today. Meanwhile, while those pathetic creatures wallow on their back whining about how unfair life is people come to this country from across the globe, start with nothing, and create lives for themselves and their families. Good lord, it must be ****ing EMBARRASSING knowing that you were BORN here and fail so completely, meanwhile people with no assets risk their very lives to come here and manage to find work and manage to provide for themselves and their families. How ****ing pathetic.
 
What if...? said:
If what you say is true, we should do that every ten years.

It would be GREAT for the economy overall, all that money flowing up then raining down.

Lets do it and find out if you guys are right. If you are its win-win.
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You dont have to...all you have to do is look at the train of people that buy lottery tickets and invest their welfare and other state assistance on cigarettes, tobacco, drugs, and the latest XBox games.
 
VanceMack said:
Yes...we were.

Far too many and those numbers continue to swell to what we have today

Meanwhile, while those pathetic creatures wallow on their back whining about how unfair life is people come to this country from across the globe, start with nothing, and create lives for themselves and their families. Good lord, it must be ****ing EMBARRASSING knowing that you were BORN here and fail so completely, meanwhile people with no assets risk their very lives to come here and manage to find work and manage to provide for themselves and their families. How ****ing pathetic.
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Hardly

And that swelling you speak of couldn't in any way be related to the housing collapse and subsequent implosion of the labor market? Preposterous notion I know, but one that just may be worth considering seeing as a scant year before said collapse the unemployment rate presided at less than 5% and the howling about parasites, leeches, and other insults levied at those dirty street folk was remarkably quiet.

It looks as if you've embarked on another quest to form an entire paragraph without presenting an idea, suggestion, fact, rebuttal or anything resembling such. From a mere glance it appears you were wildly successful.
 
What if...? said:
If what you say is true, we should do that every ten years.

It would be GREAT for the economy overall, all that money flowing up then raining down.

Lets do it and find out if you guys are right. If you are its win-win.
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LOL, yeah, making it so the government gets to take 100% of what you own every 10 years if you're successful enough would be GREAT for the economy. What an awesome incentive.
 
All I can say is $32 trillion dollars. Would anyone really miss a $1 million of it if it fell into my pocket?
 
The attitudes expressed in this thread and their consequences are a big reason we and many other companies moved as much of our operations as possible out of the USA. We now have only a minimal operation in the USA and, surprise, surprise, it manages to break even year after year. ;)

The USA used to be the place everyone wanted to be, our company included, but not any more. Why would that be? It certainly is not because of salary rates. Our pay rates are higher than USA rates for similar positions. We even have some employees that were formerly USA citizens.

Much of EU went down the path you are headed and they are beginning to pay the price. Oh well, we will do fine no matter what y'all do. Bon Voyage. :2wave:

.
 
grip said:
All I can say is $32 trillion dollars. Would anyone really miss a $1 million of it if it fell into my pocket?
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Yes!boing! boing! boing!
 
grip said:
All I can say is $32 trillion dollars. Would anyone really miss a $1 million of it if it fell into my pocket?
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Try it. Send a letter to all the rich democrats and see how many takers you have. Surely they will kick in a few hundred K$
 
VanceMack said:
Try it. Send a letter to all the rich democrats and see how many takers you have. Surely they will kick in a few hundred K$
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I get donation requests for campaigning politicians daily in the mail. Those greedy jokers are addicted to OPM (other peoples money).
 
Hare said:
Hardly

And that swelling you speak of couldn't in any way be related to the housing collapse and subsequent implosion of the labor market? Preposterous notion I know, but one that just may be worth considering seeing as a scant year before said collapse the unemployment rate presided at less than 5% and the howling about parasites, leeches, and other insults levied at those dirty street folk was remarkably quiet.

It looks as if you've embarked on another quest to form an entire paragraph without presenting an idea, suggestion, fact, rebuttal or anything resembling such. From a mere glance it appears you were wildly successful.
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Lets see...whiny pathetic ****s complaining about other peoples wealth and how unfair life is...contrasted with the fact that people from around the globe manage to come here and pull off what you say cant be done. No...Id say answered quite well.
 
grip said:
I get donation requests for campaigning politicians daily in the mail. Those greedy jokers are addicted to OPM (other peoples money).
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Of course! so its a pretty safe bet to suggest that John Kerry would gladly give you some. Right?
 
VanceMack said:
Of course! so its a pretty safe bet to suggest that John Kerry would gladly give you some. Right?
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Hey, rich people you can't live with them and you can't rob them....lol
 
Goshin said:
I'm sure they have their justifications. That doesn't make it right, though.

Most people will never see a million dollars in one place at one time, that is theirs. A billion is a thousand million. A trillion is a thousand billion... a million million.

Again, I begrudge no man a big paycheck, a McMansion and a fat portfolio.... but isn't there a point where it gets a little ridiculous? Once you have a couple hundred million, more isn't about wealth it is about power. Power and status.

I know economics is not a zero-sum game... wealth can be created or destroyed. But if somewhere near half the world's GDP is being held in offshore accounts, there ain't much "trickle down" going on!
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By limiting the assets a person can have, you limit the possible achievement of private industry. If we did that, we would still have a faltering space program, and no Space X. A failing Postal system and no FedEx.
 
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Aberration said:
By limiting the assets a person can have, you limit the possible achievement of private industry. If we did that, we would still have a faltering space program, and no Space X.
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Many things limit assets. Nature, wealth, size, etc. You can't have a solar system in your attic.
 
zgoldsmith23 said:
Many things limit assets. Nature, wealth, size, etc. You can't have a solar system in your attic.
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Since I can't have a solar system in my attic, I should not be able to amass wealth? I am struggling to understand.
 
grip said:
Hey, rich people you can't live with them and you can't rob them....lol
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More appropriately, many in this country cant live without them. You COULD rob them though...I suppose.
 
VanceMack said:
More appropriately, many in this country cant live without them. You COULD rob them though...I suppose.
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Air traffic controllers went on strike in 1981 and Pres Reagan fired and replaced them. Trash collectors went on strike in 1981 and brought NYC to its knees. You never know who's going to be more important in the scheme of things, huh?
 
Aberration said:
Since I can't have a solar system in my attic, I should not be able to amass wealth? I am struggling to understand.
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You didn't say wealth. You said assets. Assets =/= wealth. Try again.
 
grip said:
Air traffic controllers went on strike in 1981 and Pres Reagan fired and replaced them. Trash collectors went on strike in 1981 and brought NYC to its knees. You never know who's going to be more important in the scheme of things, huh?
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Have you seen how much trash collectors make?
 
Aberration said:
So substitute the word. It doesn't help me understand any better.
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You complained about limiting assets. I'm saying that many things limit assets, not just people / government.
 
zgoldsmith23 said:
You complained about limiting assets. I'm saying that many things limit assets, not just people / government.
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Without any motivation to what you said, I fail to see how it is relevant.
 
VanceMack said:
You dont have to...all you have to do is look at the train of people that buy lottery tickets and invest their welfare and other state assistance on cigarettes, tobacco, drugs, and the latest XBox games.
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I heard most of them have color tvs too.
 
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X Factor said:
LOL, yeah, making it so the government gets to take 100% of what you own every 10 years if you're successful enough would be GREAT for the economy. What an awesome incentive.
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Not being a dick but that's twice now you took a half smartass direct response to another poster and
took it totally the wrong way.
 
Aberration said:
Without any motivation to what you said, I fail to see how it is relevant.
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It seemed to me that you were complaining about the limiting of assets, well it happens naturally and through other means separate from "men."
 
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