Oso planning to go pro
GooseThat long, anguished wail you are hearing is the pain of a man who knows he is not fulfilling his promise and destiny.Some of us break bread at Va Bene then trade thoughts over grappas in Lan Kwai Fong. Others hit the Arby's drive through in Pewaukee for a night of reality TV before bed. A man lives. A fool exists.
Sure, as long as their markets were truly free and reflected the actual worth of their labor. But as we know, that's not often the case. Most star athletes' wages, for example, are deflated by things like salary caps, financial fair play regulations and luxury taxes.CEO compensation doesn't often reflect actual value, but often is dictated by easily-reached benchmarks that are controlled by the CEO him/herself.Actors I would think are the closest thing to being paid by what the market dictates.
Where I find trouble is the constant bashing of people who do make money. Making money is not inherently evil or greedy, but way too many position it that way out of envy, or posturing. In some cases it is legitimate, but all to often is what the market will bear.
I don't disagree with this much.But, on the flip side, I would hope that you understand that a lot of the bashing comes from an understanding that the system (read: market) is rigged in favor of the wealthy, for the purpose of maintaining and expanding their wealth, and this rigging occurs to the detriment of most people outside that sphere.This doesn't make all wealthy individuals evil. Most are products of the system more than purveyors of it. But so long as this system exists and worsens, as it has significantly over the past 30 years, the bashing will only get worse (and calls for socialistic policies will only grow louder).
JamsWe have a couple major infrastructure projects in China that have been on hold since April because of the trade tiff. And while we have a lot of capital tied up that is not generating a return we, both US and London, are pleased that there is an effort to address Beijing's unfair trade practices.China has gotten away with murder for far too long. It's about time we evened the playing field. Frankly, while it is hurting our returns we support the greater principal of fair trade.
...and the systems in China, Venezuela, and the EU are not rigged? At least here, one can become a 1 percenter if you can find a product or service people want to buy, not the government dictating the price of what one can sell or buy (healthcare?)...as long as the communist run China it is not going to end well for Hong Kong.
ge = enron?
What is the difference between living and existing? Financial success? Learning?Traveling and immersing yourself in other cultures? Developing meaningful, lifelong relationships?Are there multiple ways to "fulfill your promise and destiny?" When is the exact point that a fool becomes a man? Who defines this?Apologies if this comes across as condescending but I'm genuinely trying to understand your opinion of what makes someone successful.
https://www.cnbc.com/2019/08/15/ge-shares-drop-after-madoff-whistleblower-harry-markopolos-raises-red-flags-on-its-accounting.html
You're in the club or you aren't. That being the old boys club. Where casual racism isn't addressed, but brushed aside. Where excuses are made for insults, and "I'm sorry if you were offended" is the mantra. Where lives are measured on a balance sheet. And you dont get a seat at the table unless you kiss the ring. I've never wanted to be in their "club", but hey we cant all aspire to become such admirable blokes. Just ask each of them, they'll tell you who they know, how much they make, basically, why they're the hotness. Me, I just sit back and laugh at how pathetic it all sounds. Trying to convince internet strangers of their importance.
The moment this happened was pretty jaw-dropping for me
Yes, it is “rigged” in the sense of you have money it is easier to make more. No question. If you are tall, good looking...easier to get a job, girls. If you are a pretty woman, you will buy less drinks. My sarcasm is there only to show that a lot of things are tilted for all kinds of reasons, some of which are blatantly wrong and some in our subconscious.The problem as I see it with attacking g the wealthy is they are still going to get theirs. If you penalize them, they will trickle down the pain to everyone else. They have that ability through commerce, investment decisions, payroll, etc. I’m not so sure people that blindly hate the well to do realize when they say to kill the rich dude or penalize to the hilt, they don’t realize they are killing the golden goose for their livelihood...or maybe they just don’t care out of spite.
Honest question, Hards. What year did you graduate undergrad from Marquette?
I really don't see this happening. People criticize a system rigged to benefit the wealthy, but they typically are not criticizing the wealthy themselves. There are exceptions, e.g. Martin Shkrelli, but in general people are not bashing the wealth, they are bashing a rigged system.
That’s not why people say it’s rigged.
We will agree to disagree. When I hear Soak the Rich, kill the rich, F the Rich, screw the rich, that would seem like criticizing.
Or personal attacks because someone donated to the wrong cause or the wrong pol.