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Woo hoo! I'm a millionaire and didn't know it then.

I have 2 houses, 3 cars, and a motorcycle. Both houses are in good neighborhoods, but one way outvalues the other.

I no longer work at the business I am a minority owner of, however.

How does that make me a millionaire again? Even if I had both houses paid off, that's just barely over $300k. Throw in the vehicles (only one worth much) and you've pushed that up to maybe $350, but I doubt it. My percentage of an ISP means I can sell that off and go get a taco at the corner stand. Long gone are the days when you could get 8 - 10x annual revenue to sell out...you're lucky to get 1x for an ISP these days.

If I had been a good boy and started an IRA or some other retirement plan when I was in my 20s, that might possibly be up to another $300k by now. You do realize the government caps how much you can put into IRAs and 401k plans per year, right?

Petty cash...hm. I just sold some stock. That got me a few grand. That sounds fairly petty to me.

I'm still falling around $300k short of being a millionaire.

If I were to take every paycheck I've ever made in my entire life and roll that all into one huge lump sum...yes, I might be a millionaire. But not by much I don't think.

You really need to step outside the glass house before you start lobbing these boulders around.

That's how it works in France.

If destruction exists, we must destroy everything.
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My parents bought the house for $80k. It's near the American River. A few years back, because of conurbation, property values skyrocketed, and some neighbors realized sale prices of over half a million. This was facilitated by California's Proposition 13. In addition - like you say - people in middle age who chuck assets into a portfolio and have no debt can realize substantial gains.

Not EVERYONE who has no debt and owns their own house is a millionare. But a one-million-dollar net worth isn't extraordinary, either.


https://www.census.gov/compendia/statab ... 0s0703.xls

There ya go. California has a gross population of something like 35 million, and 428,000 millionaires. The number is even higher when you take into account that the gross population includes children, invalids, non-citizens, and other non-participants in mainstream society, and that there's probably far more people with that level of wealth who are tax evaders or career criminals.

Aestu of Bleeding Hollow...

Nihilism is a copout.

I like money.

California also includes Hollywood.

So effectively you are calling out Quadtard for being a rich kid when you yourself talk about how your parents pay for everything and give you your extensive wow money to transfer back and forth from realm to realm.

Get off your pedestal take a deep breath and realize you are not a cut above the rest just because you are in college or are well educated. Good for you how much do you make a year as a result of your infinite wisdom?

I can already anticipate your answer of "Once I am finished with school......" Well guess what there are tens of thousands of people out there right now with Masters in one subject or multiple who are jobless.

It may be easier to point the finger at someone else than it is to reverse it, but try it sometime. I am not saying you are a horrible person but don't call people out when you have no ground to stand on.

While most of your posts are intelligent every once in a while you get ahead of yourself.

Politicians salaries don't include the campaign money their corrupt asses skim off, or the countless "gifts" or "contributions" made to them. You want to help stay corruption have all of their bank accounts monitored while elections and or big bills are being proposed then when you see the jumps kick their asses out of office.

Or how about taking away their extravagant traveling expenses, or limiting them at least. Or taking away their country club expenses on our tax dollar. How about holding them accountable for their living expenses just like we have to pay. I don't get up and bust my ass every morning so Obama can go play golf or go skiing in Aspen etc. I bust my ass and pay my taxes so the roads are kept up. Schools stay staffed, school books are provided etc.

85 Mage Bleeding Hollow Bored with game so I let sub expire......
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85 Shaman Bleeding Hollow Bored with game so I let sub expire......

This^

85 Mage Bleeding Hollow Bored with game so I let sub expire......
85 LOLKnight Bleeding Hollow Bored with game so I let sub expire......
85 Shaman Bleeding Hollow Bored with game so I let sub expire......

Was this a jew joke?

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I wasn't calling him out. A question was asked and I answered it. It wasn't my intent to cast blame, as if the course of this thread is blameworthy, merely to recount what happened.



You are projecting your own impressions of me onto reality.

I have never held myself superior because I am in college. I've always said I am cynical about it and see it as a waste of time and money.

As for being, "well educated", what does that even mean?




What does this have to do with anything?



About what, exactly?



Show me evidence of this.



If you want benefits, corporate America offers perks far beyond the political world, and you don't spend 24/7/365 campaigning for office under the glare of the media, with your entire life open to judgement, with your fate dependent on a throw of the political dice.

This is what you don't get. No one goes into politics for the money. Anyone with that level of energy who wants money goes into the world of business. Even corrupt politicians are motivated more by power or acquired cynicism than sheer greed.

Let me ask you this.

1.
A. Business, like government, exists for the public interest - to create a better world for our people. So how is it justifiable a CEO who didn't found a firm and isn't professionally connected to whatever a firm does - GM, for example - gets perks, but it's not justifiable that a Congressman does?
B. Doesn't it come out of the pockets of average Americans either way, whether it's taxes or the high prices you pay for utilities and manufactured goods?

2.
A. What, in your mind, should motivate someone to run for office?
B. What sort of people should run for office?
C. What sort of lifestyles should they live?
D. How much should they get paid?



No. Religiously, I'm from a Jewish background. It was merely a statement of fact.

Aestu of Bleeding Hollow...

Nihilism is a copout.

Ok. So what percentage of those 465,000 millionaires in an adult citizen population of probably around 20 million are movie stars?

Aestu of Bleeding Hollow...

Nihilism is a copout.

You are quite the ideologue at times, Aestu. In a perfect world, yes all businesses would exist for the public interest.

This is no Utopia.

While some businesses (Non-profit organizations) do exist for the public interest (or the interest of a specific cause), most do not. Most business exist for one reason, and one reason only:

Revenue - Expenses = Profit

The job of a CEO, and many people within for-profit businesses is to simply increase the value of said business for shareholders (if it's a publicly traded company) or the business' investors/owners. That's what businesses exist for, to generate cash/value.

Some businesses do good in the world, but this is not WHY they exist.

For example, the business I work for generates leads for online universities (someone searches for a degree, they come to our site...we refer them to a university and get paid for the potential enrollment). We are helping people get an education, and therefore advance their career etc. But that is not the goal of the business or why it exists, it is merely a function of it. Our business exists solely because there's a lot of money to be made in the space. Public interest never enters the discussion at board meetings...it's all about how can we generate more cash.

Sad, but true.

I don't have any idea, but there are a ton of millionaires in hollywood.

not just including actors. there's also directors and producers and mess like that.

Ideologue? No - whatever the system may be, whether capitalist, communist, feudal, or collectivist, the goal is to build a better world. Ideology is merely a question of strategy.

The profit motive is a means towards an end. The purpose of profit is to encourage the production of goods and services people want, not to make individuals or corporations wealthy.

And Usd, California has a highly diverse economy. Silicon Valley, the breadbasket, all sorts of thing - no one who's ever lived in CA thinks Hollywood is its resevoir of wealth.

Aestu of Bleeding Hollow...

Nihilism is a copout.

Wow just wow.

Do you really believe that?