/dev/null Posted January 28, 2005 Posted January 28, 2005 http://cnnmoney.printthis.clickability.com...&partnerID=2200 if i was warren buffet i'd take that $600M and spend the rest of my days like jimmy buffet or he could buy the bills when ralph passes...
shibuya Posted January 28, 2005 Posted January 28, 2005 Now wouldn't it be nice if these billionaires would allow significant chunks of their money to trickle down to us blue collar folk who would like a job that pays well, , includes healthcare, provides a legitimate chance at retirement, and with some measure of job security. probably not going to happen
JinVA Posted January 28, 2005 Posted January 28, 2005 Now wouldn't it be nice if these billionaires would allow significant chunks of their money to trickle down to us blue collar folk who would like a job that pays well, , includes healthcare, provides a legitimate chance at retirement, and with some measure of job security.probably not going to happen 222125[/snapback] Exactly what do you mean by trickle down?
stuckincincy Posted January 28, 2005 Posted January 28, 2005 Now wouldn't it be nice if these billionaires would allow significant chunks of their money to trickle down to us blue collar folk who would like a job that pays well, , includes healthcare, provides a legitimate chance at retirement, and with some measure of job security.probably not going to happen 222125[/snapback] Ask Ted Kennedy or John Kerry. I'm sure they will be receptive.
KRC Posted January 28, 2005 Posted January 28, 2005 Now wouldn't it be nice if these billionaires would allow significant chunks of their money to trickle down to us blue collar folk who would like a job that pays well, , includes healthcare, provides a legitimate chance at retirement, and with some measure of job security.probably not going to happen 222125[/snapback] Well, if you expect it to be handed to you it will never happen. If you work for it, it can happen.
taterhill Posted January 28, 2005 Posted January 28, 2005 600 million...that's walking around money for me
shibuya Posted January 28, 2005 Posted January 28, 2005 Exactly what do you mean by trickle down? 222129[/snapback] create jobs and pay better wages for us folk here in America that include more affordable healthcare for the family, pension plans, and some job security. Look at all the wealthy corporate owners and their over paid executives. There are 100's of billions tied up in personal wealth for a small percentage. Meanwhile way to many of us "blue collar" folk are left bouncing from one job to the next that offer substandard wages, little or no healthcare and little or no retirement. How many billions of $$$ does a person need to be wealthy enough to live comfortably while way too many are grasping for whatever we can get. and don't misinterpret my feelings as socialist. I'm all for personal wealth just not at the extremes we are seeing today. Maybe we need a salary cap for corporate America to ensure money is getting down to the middle and lower classes. It is us who provides these corporations with their wealth when all is said and done.
JinVA Posted January 28, 2005 Posted January 28, 2005 Well, if you expect it to be handed to you it will never happen. If you work for it, it can happen. 222142[/snapback] And if you make it happen lets see how willing you are to start handing out money.
erynthered Posted January 28, 2005 Posted January 28, 2005 This thread wont last here much longer, its headed to the dark side soon. Bwaaaaaaaaaa
KRC Posted January 28, 2005 Posted January 28, 2005 And if you make it happen lets see how willing you are to start handing out money. 222151[/snapback] The people who do not have it say, "give me some of what you have." The people who have it say, "why? I earned it. If you want it, earn it yourself."
shibuya Posted January 28, 2005 Posted January 28, 2005 Well, if you expect it to be handed to you it will never happen. If you work for it, it can happen. 222142[/snapback] you misinterpreted what I said completely. Working for it is not the problem, the problem is the lack of jobs available that provide a solid living for many of us. I am actually one of the lucky ones. I am #17 on a call back list to the Boeing company where I will receive $30 and hour and every union benefit under the sun. However I have been laid off from Boeing for 3 years and have seen what the job market is like and has been. There are no where near enough good jobs for most of us, and I have 2 college degrees to boot.
shibuya Posted January 28, 2005 Posted January 28, 2005 And if you make it happen lets see how willing you are to start handing out money. 222151[/snapback] for the record I never said they should "Hand it out" Create jobs opportunities that allow more of us to make a much better living then we have today. If more of us have more money and better futures we will spend more money too which IMO is a great way to get the economy rolling again.
stuckincincy Posted January 28, 2005 Posted January 28, 2005 create jobs and pay better wages for us folk here in America that include more affordable healthcare for the family, pension plans, and some job security. Look at all the wealthy corporate owners and their over paid executives. There are 100's of billions tied up in personal wealth for a small percentage. Meanwhile way to many of us "blue collar" folk are left bouncing from one job to the next that offer substandard wages, little or no healthcare and little or no retirement. How many billions of $$$ does a person need to be wealthy enough to live comfortably while way too many are grasping for whatever we can get. and don't misinterpret my feelings as socialist. I'm all for personal wealth just not at the extremes we are seeing today. Maybe we need a salary cap for corporate America to ensure money is getting down to the middle and lower classes. It is us who provides these corporations with their wealth when all is said and done. 222150[/snapback] Your points are well-taken, and valid. The geometric rise in trade deficit that began in 1993 and continues is a major contributor. That we buy "Everything Chinese" is a large problem.
JinVA Posted January 28, 2005 Posted January 28, 2005 you misinterpreted what I said completely. Working for it is not the problem, the problem is the lack of jobs available that provide a solid living for many of us. I am actually one of the lucky ones. I am #17 on a call back list to the Boeing company where I will receive $30 and hour and every union benefit under the sun. However I have been laid off from Boeing for 3 years and have seen what the job market is like and has been. There are no where near enough good jobs for most of us, and I have 2 college degrees to boot. 222160[/snapback] The thread was about Warren Buffett not wealthy CEO's. Buffett is an investor who takes big risks to make big money, and I certainly woludn't expect him to create jobs etc. You're talking about something much different.
Beerball Posted January 28, 2005 Posted January 28, 2005 Think I could get him to adopt me? If not, I would be willing to team up with aussie. She could sweep Warren off his feet and I'll plunder his wealth! Arrrrrrrrr! (of course then aussie and I would live happily ever after) (until she had me killed )
HopsGuy Posted January 28, 2005 Posted January 28, 2005 Now wouldn't it be nice if these billionaires would allow ...probably not going to happen 222125[/snapback] You are aware that it is Warren Buffett's firm, Berkshire Hathaway that bought the $600 Million in G starting in 1989, and not simply WB, right? The guy understands that earnings drive the market. He won't buy a stake in a company unless he understands the mechanism of their business (debt, cash flow, etc). He wouldn't buy any dot-coms during the late '90s rage because he didn't understand how those companies intended to make money. Everybody laughed at him. Who's laughing now? His investors love the Oracle of Omaha. He consistently makes money. You could say it's the American way. Berkshire 'B' shares were up $58 today to $3000 (they don't split Berkshire shares). The 'A' shares were up $1350 to $90,000.
KRC Posted January 28, 2005 Posted January 28, 2005 you misinterpreted what I said completely. Working for it is not the problem, the problem is the lack of jobs available that provide a solid living for many of us. I am actually one of the lucky ones. I am #17 on a call back list to the Boeing company where I will receive $30 and hour and every union benefit under the sun. However I have been laid off from Boeing for 3 years and have seen what the job market is like and has been. There are no where near enough good jobs for most of us, and I have 2 college degrees to boot. 222160[/snapback] Well, working for a defense contractor, that is the nature of the beast. The only way that will be solved, is for the government to spend even more money that it does now. If the CEO's give up some of their money and distribute it to the other workers, it still does not bring in the contracts. No contracts, no jobs.
/dev/null Posted January 28, 2005 Author Posted January 28, 2005 This thread wont last here much longer, its headed to the dark side soon. Bwaaaaaaaaaa 222157[/snapback] i didn't mean for it to turn out this way i added bills a related comment and even something about jimmy buffett and only truly demented souls can twist something involving jimmy buffett into a political discussion
JinVA Posted January 28, 2005 Posted January 28, 2005 i didn't mean for it to turn out this way i added bills a related comment and even something about jimmy buffett and only truly demented souls can twist something involving jimmy buffett into a political discussion 222186[/snapback] Well it would be nice if Jimmy would let some of his money trickle down to me. Hell I'd be happy if he just let me crash at Key West pad, its freaking cold outside.
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