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Thread: Would the rich miss 5%?

  1. #71
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    Re: Would the rich miss 5%?

    where do you get that idea?

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


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    Re: Would the rich miss 5%?

    Quote Originally Posted by liblady View Post
    where do you get that idea?
    i thought it was part of the American dream?

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    Re: Would the rich miss 5%?

    Quote Originally Posted by stalin_was_a_nice_being View Post
    What has ever happened to its my money and I can spend it the way I want to? Most people-including the rich-are consumers, that's why they have the big house, the nice cars. Because they enjoy to spend money, too.
    You call yourself a moderate yet you agree with excessive spending? If you spend more than you earn, and use debt to do that, you are at risk of losing it all when your source of income gets reduced. Lots of people who are supposedly well educated and should know better are getting that lesson rammed home right now...
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    Re: Would the rich miss 5%?

    Quote Originally Posted by stalin_was_a_nice_being View Post
    i thought it was part of the American dream?
    Seems the dream has become a nightmare to many, perhaps the dream was funded with borrowed money?
    Last edited by UtahBill; 11-20-09 at 11:54 AM.
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    Re: Would the rich miss 5%?

    Quote Originally Posted by UtahBill View Post
    You call yourself a moderate yet you agree with excessive spending? If you spend more than you earn, and use debt to do that, you are at risk of losing it all when your source of income gets reduced. Lots of people who are supposedly well educated and should know better are getting that lesson rammed home right now...
    No, I am a moderate. All I am saying is that if a high income earner wants to spend money on a big house, then let them. I don't agree with excessive spending from the government, and I don't want to tell other people how to spend their money. Like I said even high income earners are consumers, they pay for higher prices for thier goods. Its just the way things are.

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    Re: Would the rich miss 5%?

    Quote Originally Posted by UtahBill View Post
    Seems the dream has become a nightmare to many, perhaps the dream was funded on borrowed money?
    maybe, but still people have a right to spend what they earn.

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    Re: Would the rich miss 5%?

    Quote Originally Posted by stalin_was_a_nice_being View Post
    maybe, but still people have a right to spend what they earn.
    and if they over indulge and get in the situation where they are going to LOSE their home? do they have a right to ask for help?

    Stupidity is not something we should be subsidizing.
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    Re: Would the rich miss 5%?

    Quote Originally Posted by UtahBill View Post
    and if they over indulge and get in the situation where they are going to LOSE their home? do they have a right to ask for help?

    Stupidity is not something we should be subsidizing.
    No. They don't have a right to ask for help. It's their life and they do what they want with it. But if they ruin themselves because they spend too much money, it is their fault.

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    Re: Would the rich miss 5%?

    Quote Originally Posted by stalin_was_a_nice_being View Post
    maybe, but still people have a right to spend what they earn.
    Of course people should/can spend what they earn. However, going into debt (regardless of income) needs to happen with responsibility in mind. Stating that "the bank wanted to give it to me" does not equate to taking it as a responsible action.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Would the rich miss 5%?

    Quote Originally Posted by stalin_was_a_nice_being View Post
    No. They don't have a right to ask for help. It's their life and they do what they want with it. But if they ruin themselves because they spend too much money, it is their fault.
    and yet the govt is bailing many of them out ......
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