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Overly greedy rich elite

  • 11-10-2015 02:05PM
    #1
    evo2000
    Banned (with Prison Access) Posts: 1,728 ✭✭✭evo2000


    World's 85 richest individuals have as much money as 3.5billion poorest... with that said, should we not just take the money off these people? and do something good with it, its kinda ridiculous that there are 85 people strolling around with that much money while others starve im not saying take it all maybe like 90% or something they d still be rich just not greedy rich.


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Comments

  • #2
    Timberrrrrrrr
    Registered Users, Registered Users 2 Posts: 26,292 ✭✭✭✭Timberrrrrrrr


    evo2000 wrote: »
    World's 85 richest individuals have as much money as 3.5billion poorest... with that said, should we not just take the money off these people? and do something good with it, its kinda ridiculous that there are 85 people strolling around with that much money while others starve im not saying take it all maybe like 90% or something they d still be rich just not greedy rich.

    And how would you do this? Do you think it's stuffed under the mattress?


  • #3
    pmasterson95
    Registered Users, Registered Users 2 Posts: 3,074 ✭✭✭pmasterson95


    Ah ya but sure all poor are scrounging scumbags. **** them.


  • #4
    Links234
    Closed Accounts Posts: 20,944 ✭✭✭✭Links234


    That's only because they worked 3.5billion times harder, don't you know?


  • #5
    Canadel
    Registered Users, Registered Users 2 Posts: 1,586 ✭✭✭Canadel


    Timberrrrrrrr wrote: »
    And how would you do this?
    Tacks.


  • #6
    the evasion_kid
    Closed Accounts Posts: 2,740 ✭✭✭the evasion_kid


    There seems to be a growing divide between the haves and have nots.


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  • #7
    The Backwards Man
    Closed Accounts Posts: 18,299 ✭✭✭✭The Backwards Man


    You're richer than two billion people on the planet OP, why don't you go first?


  • #8
    daRobot
    Registered Users, Registered Users 2 Posts: 2,378 ✭✭✭daRobot


    Have you considered presenting your findings to the IMF? You might well be onto something.


  • #9
    Valetta
    Closed Accounts Posts: 2,611 ✭✭✭Valetta


    If you took all the wealth in the world and divided it equally between all the population, within a few months you would have the same divide between rich and poor.

    Some would gamble their money away.
    Some would squander it on consumables.
    Others would set up businesses to service the wants of the first two groups.


  • #10
    DivingDuck
    Registered Users, Registered Users 2 Posts: 1,394 ✭✭✭DivingDuck


    evo2000 wrote: »
    World's 85 richest individuals have as much money as 3.5billion poorest... with that said, should we not just take the money off these people? and do something good with it, its kinda ridiculous that there are 85 people strolling around with that much money while others starve im not saying take it all maybe like 90% or something they d still be rich just not greedy rich.

    Only if we should also take the device you used to post this and sell it to do something good with it.

    IMO, the real greed problem is people who have more than enough to survive (and the reality is that the vast majority of people who have the time and resources to post here fall into that category) are happy to complain about others who have more, while holding onto what they themselves have above and beyond what's needed.

    Most of us here are greedy rich compared to people in the developing (or entirely undeveloped, in some cases) world. Until we divest ourselves of our extras in service of the needy, we really have no business telling others what to do with theirs.


  • #11
    DEFTLEFTHAND
    Registered Users, Registered Users 2 Posts: 16,499 ✭✭✭✭DEFTLEFTHAND


    High achievers, we should all aspire to be like these men.


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  • #12
    wakka12
    Registered Users, Registered Users 2 Posts: 9,786 ✭✭✭wakka12


    No..they own it. You have no right to take it away just because poor people exist. You're richer than lots of people, should we take some of the extra money you have and give it to people slightly poorer, just because.
    Thats communism, and as you can see it doesn't really work.


  • #13
    NachoBusiness
    Closed Accounts Posts: 3,389 ✭✭✭NachoBusiness


    I tried but Bono just loafed me in the chest.


  • #14
    Fleawuss
    Closed Accounts Posts: 2,681 ✭✭✭Fleawuss


    Valetta wrote: »
    If you took all the wealth in the world and divided it equally between all the population, within a few months you would have the same divide between rich and poor.

    Some would gamble their money away.
    Some would squander it on consumables.
    Others would set up businesses to service the wants of the first two groups.

    And the really wealthy would make their money buying and selling money itself. And rigging the system so they could get away with it.


  • #15
    [Deleted User]
    Posts: 17,847 ✭✭✭✭ [Deleted User]


    evo2000 wrote: »
    World's 85 richest individuals have as much money as 3.5billion poorest... with that said, should we not just take the money off these people? and do something good with it, its kinda ridiculous that there are 85 people strolling around with that much money while others starve im not saying take it all maybe like 90% or something they d still be rich just not greedy rich.

    Touch one cent of MY money and you'll feel the force of my wrath.


  • #16
    Canadel
    Registered Users, Registered Users 2 Posts: 1,586 ✭✭✭Canadel


    wakka12 wrote: »
    No..they own it. You have no right to take it away just because poor people exist. You're richer than lots of people, should we take some of the extra money you have and give it to people slightly poorer, just because.
    Thats communism, and as you can see it doesn't really work.
    Money ain't got no owners, only spenders..

    Anyway, it's not a question of taking money away from the super rich simply because poor people exist - it's taking money away from the super rich (through taxing their wealth accordingly) because it does not make sense for that amount of wealth to be so concentrated.


  • #17
    walshyn93
    Banned (with Prison Access) Posts: 2,685 ✭✭✭walshyn93


    the evasion_kid wrote: »
    There seems to be a growing divide between the haves and have nots.

    Since when are the billionaires the "haves"? The majority of the population of Ireland is a "have". A significant majority, in fact.


  • #18
    riclad
    Registered Users, Registered Users 2 Posts: 8,184 ✭✭✭riclad


    Maybe its time to clamp down on tax shelters,
    in the eu.
    EG company x sets up small office in luxembourg ,
    all the company s profits go through there ,
    so they pay 1 per cent tax instead of 20 per tax in the uk.
    The luxembourg tax shelter was set up about 10 years ago by
    a high level eu official.
    There,s all sorts of tax allowances the rich use to reduce their tax bill.
    IF governments team up they could reduce this tax evasion.
    I,m aware some US companys reduce corporation tax by opening an office in ireland.
    IN the usa big corporations lobby politicial partys for extra tax breaks
    all the time.


  • #19
    strelok
    Banned (with Prison Access) Posts: 1,162 ✭✭✭strelok


    Canadel wrote: »
    Money ain't got no owners, only spenders..

    Anyway, it's not a question of taking money away from the super rich simply because poor people exist - it's taking money away from the super rich (through taxing their wealth accordingly) because it does not make sense for that amount of wealth to be so concentrated.

    the wealth isn't concentrated, it's all over the world being used for all sorts of things benefiting all sorts of people

    my life is in no way made poorer by someone else being richer, comrade.


  • #20
    Layne Wailing Teaspoon
    Posts: 81,308 CMod ✭✭✭✭ Layne Wailing Teaspoon


    evo2000 wrote: »
    with that said, should we not just take the money off these people?

    Those damn greedy people, I want all their money, it's not greed when *I* want it

    http://www.political-humor.org/wp-content/uploads/2014/01/i-have-never-understood-why-it-is-greed-to-want-to-keep-the-money-you-have-earned-but-not-greed-to-want-to-take-somebody-elses-money.jpg


  • #21
    The_Valeyard
    Closed Accounts Posts: 12,452 ✭✭✭✭The_Valeyard


    3.5 billion vs 85, I think we can take them.


    If there was hope, it MUST lie in the proles.
    -George Orwell, 1984.


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  • #22
    KomradeBishop
    Closed Accounts Posts: 4,981 ✭✭✭KomradeBishop


    You don't actually need to take the money off of anyone, just fix the actual banking/economic system, so that central banks do 'QE for the People' (central banks hitting inflation targets, by putting money into public investment) instead of 'QE for the Wealthy/Financial-Sector' (central banks failing to hit inflation targets, by pissing money at the wealthy and banking/finance sector, making them even more rich).

    Even people like Draghi are implicitly suggesting this change now:
    http://www.boards.ie/vbulletin/showthread.php?p=97317404#post97317404


  • #23
    [Deleted User]
    Posts: 31,828 ✭✭✭✭ [Deleted User]


    Money is like manure; spread it around and it will do some good, but, pile it up (in 85 heaps) and it'll stink to hell and back.
    Don't forget that much of that "money" (from QE money printing) is nothing more than faith based valuations of bonds & shares, all it takes is another financial crisis and POOOOF!!! it's gone!


  • #24
    ThisRegard
    Closed Accounts Posts: 27,833 ✭✭✭✭ThisRegard


    evo2000 wrote: »
    World's 85 richest individuals have as much money as 3.5billion poorest... with that said, should we not just take the money off these people? and do something good with it, its kinda ridiculous that there are 85 people strolling around with that much money while others starve im not saying take it all maybe like 90% or something they d still be rich just not greedy rich.

    Why? If people earn such money through their own decisions in life, why should other people benefit from their money? Most of these people employ others and give to charity anyway.


  • #25
    steddyeddy
    Registered Users, Registered Users 2 Posts: 27,565 ✭✭✭✭steddyeddy


    Valetta wrote: »
    If you took all the wealth in the world and divided it equally between all the population, within a few months you would have the same divide between rich and poor.

    Some would gamble their money away.
    Some would squander it on consumables.
    Others would set up businesses to service the wants of the first two groups.

    True but these individuals would not be the same rich and the same poor. Individuals are often rich through wealth and opportunity hoarding.


  • #26
    questionmark?
    Registered Users, Registered Users 2 Posts: 3,090 ✭✭✭questionmark?


    [Deleted User] wrote: »
    Money is like manure; spread it around and it will do some good, but, pile it up (in 85 heaps) and it'll stink to hell and back.
    Don't forget that much of that "money" (from QE money printing) is nothing more than faith based valuations of bonds & shares, all it takes is another financial crisis and POOOOF!!! it's gone!

    Damn right. Majority of it is just made up. Just look at how much real hard cash a bank actually needs to have in order to lend 'money' out!


  • #27
    Herb Powell
    Registered Users, Registered Users 2 Posts: 3,097 ✭✭✭Herb Powell


    EAT THE RICH


  • #28
    The_Valeyard
    Closed Accounts Posts: 12,452 ✭✭✭✭The_Valeyard


    Herb Powell wrote: »
    EAT THE RICH

    Ewwwww, too fatty.


  • #29
    evo2000
    Banned (with Prison Access) Posts: 1,728 ✭✭✭evo2000


    Look at all the rich on here defending there own! greed!

    When you defend people that horde away most of the worlds wealth needlessly it says alot about the type of person u are.

    If i had a ridculous amount of money sitting there id give away the vast majority of it, and still be rich as **** its just pure greed nothing less!


  • #30
    eeguy
    Closed Accounts Posts: 3,399 ✭✭✭eeguy


    evo2000 wrote: »
    Look at all the rich on here defending there own! greed!

    When you defend people that horde away most of the worlds wealth needlessly it says alot about the type of person u are.

    If i had a ridculous amount of money sitting there id give away the vast majority of it, and still be rich as **** its just pure greed nothing less!

    And sure enough there's plenty of refugees and poor who'd say the same about you.

    Wy don't you lead by example and donate 20% of your income?


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  • #31
    evo2000
    Banned (with Prison Access) Posts: 1,728 ✭✭✭evo2000


    eeguy wrote: »
    And sure enough there's plenty of refugees and poor who'd say the same about you.

    Wy don't you lead by example and donate 20% of your income?

    Cause i cant afford too, i need what i have to get by

    Now say i had a billion times the amount i needed to get by id happily help them out.

    I wouldnt horde it greedily


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