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President Biden: The NEW one and only politics thread

Discussion in 'Sports and News' started by Moderator1, Jan 20, 2021.

Page 867 of 8414
  1. Regan MacNeil

    Regan MacNeil Well-Known Member

    One alternative is it not being spent at all because it's being hidden in an offshore tax shelter. If history has shown us anything it's that, no, the uber rich usually don't know how to best spend their money.
     
    Regan MacNeil, May 1, 2021
    #10393
    Fred siegle, Driftwood, 2muchcoffeeman and 1 other person like this.
  2. goalmouth

    goalmouth Well-Known Member

    LARPrizona and actual brownshirts

     
    goalmouth, May 1, 2021
    #10394
  3. doctorquant

    doctorquant Well-Known Member

    If a rich person takes $10 billion in $100 bills and sets it afire (in some totally carbon-neutral manner) are "we" richer or poorer as a result?
     
    doctorquant, May 1, 2021
    #10395
  4. Regan MacNeil

    Regan MacNeil Well-Known Member

    Worse off, if only because that money now has no way of being recirculated, except as ash, I suppose.
     
    Regan MacNeil, May 1, 2021
    #10396
  5. garrow

    garrow Well-Known Member

    If it ain't woke, don't fix it

     
    garrow, May 1, 2021
    #10397
  6. doctorquant

    doctorquant Well-Known Member

    Nope ... the total amount of wealth remains unchanged.
     
    doctorquant, May 1, 2021
    #10398
  7. The Big Ragu

    The Big Ragu Moderator Staff Member

    If you spend your money stupidly or poorly. ... it’s your money. You bear the consequences of your decisions. Which is why in reality people are much better stewards of their own capital than others are.

    The “off shore tax shelter” trope... the only logical reason that anyone would avail themselves of that sort of thing is because they want to avoid being compelled to hand over their money to someone else. So your argument is that you have a claim to other peoples money because you are smarter about how to spend it. And if they object that is proof!
     
    The Big Ragu, May 1, 2021
    #10399
  8. Regan MacNeil

    Regan MacNeil Well-Known Member

    [​IMG]
     
    Regan MacNeil, May 1, 2021
    #10400
    2muchcoffeeman, doctorquant and OscarMadison like this.
  9. Regan MacNeil

    Regan MacNeil Well-Known Member

    No, my argument is that I have 5000 years of human history on my side that shows the uber wealthy don't usually know how to best spend their money.

    And you call it a trope, which implies that it's overused. I guess the Cayman Islands are famous for their pretty beaches.
     
    Regan MacNeil, May 1, 2021
    #10401
    Fred siegle and Driftwood like this.
  10. garrow

    garrow Well-Known Member

    Law and order party!

     
    garrow, May 1, 2021
    #10402
  11. OscarMadison

    OscarMadison Well-Known Member

    This thread...

     
    OscarMadison, May 1, 2021
    #10403
  12. doctorquant

    doctorquant Well-Known Member

    Money isn't wealth. It's not stuff, it's not labor. It's merely a claim on these. If a bunch of
    money vanishes at noon, there's exactly as
    much of that other stuff around as there was at 11:59 a.m.
     
    doctorquant, May 1, 2021
    #10404
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