RE: Warren Buffet made $12 billion in 2016 (Full Version)

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heavyblinker -> RE: Warren Buffet made $12 billion in 2016 (12/31/2016 12:59:05 PM)

quote:

ORIGINAL: tamaka
As opposed to working at some nice small business.... oh wait...


Believe it or not, I actually agree completely with everything you've said about the neo-feudal society on this thread... but it's not like small businesses don't also buy from China, and while owning a small business is probably preferable to working at Walmart, working there is not exactly a guarantee of stellar working conditions, high salaries, etc. In fact, they're probably more likely to squeeze their employees because they don't have to worry about being regulated. The only thing that would really prevent this is kindness, the fact that they know their employees and directly interact with them, community ties, etc. But you can have small business owners who are total bastards too-- much worse than even the corporations.

I actually have no problem with large chain stores and massive multi-national corporations-- globalization and free trade are great incentives to maintain peace and stability on the planet. The problem is the combination of massive multi-national corporations and weak governments who refuse to force them to give back to the world that they're taking so much from, because they only care about the markets.

Imagine if Walmart was suddenly forced to pay the same wages and benefits as government employees receive, or even conditions similar to unionized manufacturing jobs (and they can certainly afford it)... then not only would you have better working conditions in America, but you could potentially have better working conditions in every single country where Walmart has opened a store.

All of this protectionist isolationist shit is just so fucking misguided... we don't need to destroy the corporations and ruin the economy while we're at it, we need to force them to accept responsibility for the world they've created and start creating wealthy consumers, promoting environmentally friendly practices, and giving back to the people instead of lining their pockets.

I find it really bizarre that the same party who used to condemn the idea of a higher minimum wage is now so concerned about the loss of unionized manufacturing (assuming this isn't just a socially acceptable way to justify racist paranoia). It's like you don't deserve a decent wage unless you're slaving away in a factory somewhere... but as I keep saying, the thing about 'saving manufacturing' is more about retaining 'man jobs' than real concern about what is best for society.




Wayward5oul -> RE: Warren Buffet made $12 billion in 2016 (12/31/2016 1:06:00 PM)


quote:

ORIGINAL: tamaka


quote:

ORIGINAL: OsideGirl

quote:

ORIGINAL: tamaka


quote:

ORIGINAL: OsideGirl


quote:

ORIGINAL: Edwird


quote:

ORIGINAL: OsideGirl

We're in a system that thinks it's okay for us to pay $1671 per month for two people for the worst plan to support a family of 6 paying $75 a month for the best plan.


Please cite creditable reference for the latter.




My health insurance is $1671 per month with a $5000 per person deductible for the Bronze plan under Covered California. An acquaintance of ours, both he and his wife work minimum wage jobs, pays $75 per month for themselves and their 4 kids on the platinum plan.






Well, he couldn't afford to pay any more probably. Would you prefer that he and his family go without health insurance?



I have never said that I thought they should go without insurance - what I said is that Government should stay out of healthcare and impose regulations that prevent price gouging.






When government stayed out you couldn't get coverage for a pre-existing condition. Be happy you have a nice cushy job that overpays your worth.


What is wrong with you?




WickedsDesire -> RE: Warren Buffet made $12 billion in 2016 (12/31/2016 1:18:23 PM)

I am fair taken with the shock 140 replies to this errant garbage. You will all fall to your knees and declare me an utter God…the men folks, I suspect 139, will be quietly dispatched into a volcano.




WickedsDesire -> RE: Warren Buffet made $12 billion in 2016 (12/31/2016 1:24:09 PM)

Some of us are born with a huge cock, that which cannot be tamed and we wreck that which catches our squinty eyes delights
Some of us are born with a feeble cock and blether utter pish and vote for pinko commie bastards
I have cleared this one up fukers? Yes no?




dcnovice -> RE: Warren Buffet made $12 billion in 2016 (12/31/2016 1:35:23 PM)

quote:

My health insurance is $1671 per month with a $5000 per person deductible for the Bronze plan under Covered California. An acquaintance of ours, both he and his wife work minimum wage jobs, pays $75 per month for themselves and their 4 kids on the platinum plan.

Do you know what percentage of your income goes to health insurance vs. that of you friend's?




Edwird -> RE: Warren Buffet made $12 billion in 2016 (12/31/2016 1:58:20 PM)


quote:

ORIGINAL: OsideGirl
quote:

ORIGINAL: Edwird
quote:

ORIGINAL: OsideGirl
We're in a system that thinks it's okay for us to pay $1671 per month for two people for the worst plan to support a family of 6 paying $75 a month for the best plan.


Please cite creditable reference for the latter.


My health insurance is $1671 per month with a $5000 per person deductible for the Bronze plan under Covered California. An acquaintance of ours, both he and his wife work minimum wage jobs, pays $75 per month for themselves and their 4 kids on the platinum plan.


I'll take your word on that. I know I hate it myself when people refer to actual personal experience as 'anecdotal evidence.' Yes, it's your or my own corner of the world, it's not intended as representation of the entire country, etc. (at least I hope you know that).

But, if I have it right, you are a business owner or otherwise self-employed, whereas I think it's obvious that your minimum wage neighbors have the majority of their health plan being covered by their employers, the $75 being their own required contribution. If that's so, then it's an apples/oranges thing. And families with kids get extra consideration whether in regard to taxes or insurance, that's not new. I'm glad it's that way.

The question is: with combination of all health care costs and your vs. their total remuneration for your efforts in consideration here, would you trade places with them?






dcnovice -> RE: Warren Buffet made $12 billion in 2016 (12/31/2016 2:01:57 PM)

quote:

And regardless of what you think of the person who is President, you should be respectful to the office of President.

Normally, I'd agree with you.

But I'm honestly not sure the man about to take that office has all that much respect for it. He certainly hasn't shown much the past eight years.




tamaka -> RE: Warren Buffet made $12 billion in 2016 (12/31/2016 2:09:34 PM)


quote:

ORIGINAL: Wayward5oul


quote:

ORIGINAL: tamaka


quote:

ORIGINAL: OsideGirl

quote:

ORIGINAL: tamaka


quote:

ORIGINAL: OsideGirl


quote:

ORIGINAL: Edwird


quote:

ORIGINAL: OsideGirl

We're in a system that thinks it's okay for us to pay $1671 per month for two people for the worst plan to support a family of 6 paying $75 a month for the best plan.


Please cite creditable reference for the latter.




My health insurance is $1671 per month with a $5000 per person deductible for the Bronze plan under Covered California. An acquaintance of ours, both he and his wife work minimum wage jobs, pays $75 per month for themselves and their 4 kids on the platinum plan.






Well, he couldn't afford to pay any more probably. Would you prefer that he and his family go without health insurance?



I have never said that I thought they should go without insurance - what I said is that Government should stay out of healthcare and impose regulations that prevent price gouging.






When government stayed out you couldn't get coverage for a pre-existing condition. Be happy you have a nice cushy job that overpays your worth.


What is wrong with you?


Nothing... why?




DesideriScuri -> RE: Warren Buffet made $12 billion in 2016 (12/31/2016 2:49:25 PM)

quote:

ORIGINAL: tamaka
quote:

ORIGINAL: DesideriScuri
Who is forcing these people to work at WalMart?!?

As opposed to working at some nice small business.... oh wait...


If working at WalMart is such a horrid thing, how do they keep getting people to apply for jobs there, and why hasn't anyone come and knocked them off their throne with better working conditions?




DesideriScuri -> RE: Warren Buffet made $12 billion in 2016 (12/31/2016 2:51:11 PM)

quote:

ORIGINAL: tamaka
quote:

ORIGINAL: DesideriScuri
quote:

ORIGINAL: tamaka
Fuck off lady. I've never been entitled to shit. I am just stating common sense. There is no need for 1 person to have the money he's got and in fact... it could be very dangerous.

Why could it be "very dangerous?"

Just think of what 'Bad things' could be done with all of that money if they wanted to.


Just think of all the bad things a person can do with no money, but a pointy stick or a rock. [8|]

Just because there is potential for something doesn't guarantee it's going to happen.

Every single poster on this board has the potential to treat each other with a modicum of respect, yet....




DesideriScuri -> RE: Warren Buffet made $12 billion in 2016 (12/31/2016 2:52:40 PM)

quote:

ORIGINAL: Wayward5oul
quote:

ORIGINAL: tamaka
quote:

ORIGINAL: DesideriScuri
quote:

ORIGINAL: tamaka
Fuck off lady. I've never been entitled to shit. I am just stating common sense. There is no need for 1 person to have the money he's got and in fact... it could be very dangerous.

Why could it be "very dangerous?"

Just think of what 'Bad things' could be done with all of that money if they wanted to.

That's your reasoning for not allowing rich people to keep the money they have earned? Because they might do bad stuff with it?
Not even getting into the fact that you apparently have no clue what Warren Buffet does with his money and plans to do with his money in the future,...
But a society"s economic system should be built on the idea of what someone 'might' do with what is theirs?


Just think of all the "Bad things" someone who didn't earn the money could do with it. Bet that never crossed her tamaka's mind.




tamaka -> RE: Warren Buffet made $12 billion in 2016 (12/31/2016 2:58:41 PM)


quote:

ORIGINAL: DesideriScuri

quote:

ORIGINAL: Wayward5oul
quote:

ORIGINAL: tamaka
quote:

ORIGINAL: DesideriScuri
quote:

ORIGINAL: tamaka
Fuck off lady. I've never been entitled to shit. I am just stating common sense. There is no need for 1 person to have the money he's got and in fact... it could be very dangerous.

Why could it be "very dangerous?"

Just think of what 'Bad things' could be done with all of that money if they wanted to.

That's your reasoning for not allowing rich people to keep the money they have earned? Because they might do bad stuff with it?
Not even getting into the fact that you apparently have no clue what Warren Buffet does with his money and plans to do with his money in the future,...
But a society"s economic system should be built on the idea of what someone 'might' do with what is theirs?


Just think of all the "Bad things" someone who didn't earn the money could do with it. Bet that never crossed her tamaka's mind.



Like the government you mean?




tamaka -> RE: Warren Buffet made $12 billion in 2016 (12/31/2016 3:02:10 PM)


quote:

ORIGINAL: DesideriScuri

quote:

ORIGINAL: tamaka
quote:

ORIGINAL: DesideriScuri
Who is forcing these people to work at WalMart?!?

As opposed to working at some nice small business.... oh wait...


If working at WalMart is such a horrid thing, how do they keep getting people to apply for jobs there, and why hasn't anyone come and knocked them off their throne with better working conditions?



Because nobody cares about the working conditions except those that work there. Which goes back to my point... rich people don't care about the peasants.




Wayward5oul -> RE: Warren Buffet made $12 billion in 2016 (12/31/2016 3:04:22 PM)


quote:

ORIGINAL: DesideriScuri

quote:

ORIGINAL: Wayward5oul
quote:

ORIGINAL: tamaka
quote:

ORIGINAL: DesideriScuri
quote:

ORIGINAL: tamaka
Fuck off lady. I've never been entitled to shit. I am just stating common sense. There is no need for 1 person to have the money he's got and in fact... it could be very dangerous.

Why could it be "very dangerous?"

Just think of what 'Bad things' could be done with all of that money if they wanted to.

That's your reasoning for not allowing rich people to keep the money they have earned? Because they might do bad stuff with it?
Not even getting into the fact that you apparently have no clue what Warren Buffet does with his money and plans to do with his money in the future,...
But a society"s economic system should be built on the idea of what someone 'might' do with what is theirs?


Just think of all the "Bad things" someone who didn't earn the money could do with it. Bet that never crossed her tamaka's mind.


I think there are quite a lot of things that never cross her mind.




tamaka -> RE: Warren Buffet made $12 billion in 2016 (12/31/2016 3:05:36 PM)


quote:

ORIGINAL: Wayward5oul


quote:

ORIGINAL: DesideriScuri

quote:

ORIGINAL: Wayward5oul
quote:

ORIGINAL: tamaka
quote:

ORIGINAL: DesideriScuri
quote:

ORIGINAL: tamaka
Fuck off lady. I've never been entitled to shit. I am just stating common sense. There is no need for 1 person to have the money he's got and in fact... it could be very dangerous.

Why could it be "very dangerous?"

Just think of what 'Bad things' could be done with all of that money if they wanted to.

That's your reasoning for not allowing rich people to keep the money they have earned? Because they might do bad stuff with it?
Not even getting into the fact that you apparently have no clue what Warren Buffet does with his money and plans to do with his money in the future,...
But a society"s economic system should be built on the idea of what someone 'might' do with what is theirs?


Just think of all the "Bad things" someone who didn't earn the money could do with it. Bet that never crossed her tamaka's mind.


I think there are quite a lot of things that never cross her mind.


There you go again.




tamaka -> RE: Warren Buffet made $12 billion in 2016 (12/31/2016 3:07:37 PM)


quote:

ORIGINAL: tamaka


quote:

ORIGINAL: DesideriScuri

quote:

ORIGINAL: Wayward5oul
quote:

ORIGINAL: tamaka
quote:

ORIGINAL: DesideriScuri
quote:

ORIGINAL: tamaka
Fuck off lady. I've never been entitled to shit. I am just stating common sense. There is no need for 1 person to have the money he's got and in fact... it could be very dangerous.

Why could it be "very dangerous?"

Just think of what 'Bad things' could be done with all of that money if they wanted to.

That's your reasoning for not allowing rich people to keep the money they have earned? Because they might do bad stuff with it?
Not even getting into the fact that you apparently have no clue what Warren Buffet does with his money and plans to do with his money in the future,...
But a society"s economic system should be built on the idea of what someone 'might' do with what is theirs?


Just think of all the "Bad things" someone who didn't earn the money could do with it. Bet that never crossed her tamaka's mind.



Like the government you mean? Why don't we want a fascist dictator again? Too much power in one man's hands... or something like that.






Wayward5oul -> RE: Warren Buffet made $12 billion in 2016 (12/31/2016 3:08:37 PM)


quote:

ORIGINAL: WickedsDesire

I am fair taken with the shock 140 replies to this errant garbage. You will all fall to your knees and declare me an utter God…the men folks, I suspect 139, will be quietly dispatched into a volcano.

You know wicked, you used to piss me off. But now you make me chuckle.




DesideriScuri -> RE: Warren Buffet made $12 billion in 2016 (12/31/2016 3:09:23 PM)

quote:

ORIGINAL: tamaka
quote:

ORIGINAL: DesideriScuri
quote:

ORIGINAL: Wayward5oul
That's your reasoning for not allowing rich people to keep the money they have earned? Because they might do bad stuff with it?
Not even getting into the fact that you apparently have no clue what Warren Buffet does with his money and plans to do with his money in the future,...
But a society"s economic system should be built on the idea of what someone 'might' do with what is theirs?

Just think of all the "Bad things" someone who didn't earn the money could do with it. Bet that never crossed her tamaka's mind.

Like the government you mean?


Not just the government, but government could be described as not having earned the money.




DesideriScuri -> RE: Warren Buffet made $12 billion in 2016 (12/31/2016 3:11:32 PM)

quote:

ORIGINAL: tamaka
quote:

ORIGINAL: DesideriScuri
quote:

ORIGINAL: tamaka
quote:

ORIGINAL: DesideriScuri
Who is forcing these people to work at WalMart?!?

As opposed to working at some nice small business.... oh wait...

If working at WalMart is such a horrid thing, how do they keep getting people to apply for jobs there, and why hasn't anyone come and knocked them off their throne with better working conditions?

Because nobody cares about the working conditions except those that work there. Which goes back to my point... rich people don't care about the peasants.


Those that work there shouldn't work there if the conditions are that bad. And, why haven't those people gotten together to start a company to compete with WalMart? Why are so many people willing to work under such poor conditions?




Edwird -> RE: Warren Buffet made $12 billion in 2016 (12/31/2016 3:19:27 PM)


Why do you have such a bee in your bonnet about Warren Buffett in any case?

So everything about Carl Ichan's or Bill Ackman's billions is A-OK with you, right? Those guys don't do anything but back up the Brinks truck to the loading dock and put a gun to everybody's head, squeeze that company for their "excess" cash. Warren Buffett only buys into companies whose management he likes, and has only incidental interest in their cash situation (that's important too, but there's no armored
truck at the loading dock in any case).

Do you know that that the 'problem' has somewhat little to do with "some people making too much money" (I am so tired of hearing that), and much more to do with the lower strata of society having their direct contribution to wealth creation stolen from them every day?

The problem is not the $5-50 million bonuses per se, but rather the incentivisation and as reward for doing bad things thereby.

John Paulson got $3.4 billion -in one year- for "doing something," taking the bet that millions of home foreclosures were coming soon by buying a bunch of credit default swaps.

Just wanted to bring up something as meets your approval and tastes with requirement of 'doing something' to 'earn' it.




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