Current Events > The absurdity of billionaires and the burden they put on us

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BathroomWater 03/26/20 7:23:42 AM #1:	In 2011, hedge fund manager Josh Harris led a group of 16 investors that purchased the Philadelphia 76ers from Comcast-Spectacor for $280 million, pledging to turn the lifeless team into a world-class franchise. Four years later, Harris, whose net worth is listed at $3.8 billion by Forbes magazine, purchased an 18% stake in English Premier League club Crystal Palace for a banal $75 million investment alongside a partner. In 2017, Harris bought a house on the Upper East Side of Manhattan for $45 million. According to NBC Sports Philadelphia, the annual taxes on the 21,000-square-foot townhouse with more than a dozen marble fireplaces was listed at more than $340,000 at the time of purchase. Yet on Monday, the New York Timesreported that the Sixers ownership group (which also owns the New Jersey Devils) was requiring at-will employees making at least $50,000 a year to take up to a 20% temporary salary reduction due to the work stoppage caused by the coronavirus pandemic. As the rest of the country weathers a hurricane of inadequate health care, mass layoffs and food shortages at grocery stores, a corporation worth an estimated $2 billion considered docking the pay of some of its lowest-paid employees to soften the blow of projected financial losses. That is until Joel Embiid stepped in. On Tuesday, ESPNs Ramona Shelburne reported that Embiid, the teams star center, would be donating an undisclosed amount to Sixers employees whose salaries would be reduced during the suspension of the NBA regular season. As public shaming tends to do, the Sixers immediately saved face. Within four hours of Embiids pledge, Harris announced that the team would not be requiring salary reductions: After listening to our staff and players, its clear that was the wrong decision. We have reversed it and will be paying these employees their full salaries. To our staff and fans, I apologize for getting this wrong. Embiids generosity once again exposed the modern absurdity of players taking up the mantle of employers with the NBA on pause for the next month or more. Two weeks ago, a day after commissioner Adam Silver suspended the season, Cleveland Cavaliers forward Kevin Love announced on his personal Instagram that he would be donating $100,000 through his philanthropic fund to the teams arena and support staff. Over the next few days, players across the league, including Giannis Antetokounmpo, Zion Williamson and Blake Griffin, had all pledged to donate funds to their respective teams arena workers. It is no doubt commendable for Embiid and others to reach into their own coffers to support the hundreds of workers who support them and their teammates, but in an ecosystem where billionaire team governors exist, the burden should not be theirs. Cavaliers governor Dan Gilbert, also the owner of one of the largest retail mortgage lenders, has a net worth of more than $6 billion, according to Forbes. Detroit Pistons governor Tom Gores is worth $5.7 billion. The New Orleans Pelicans Gayle Benson, who also owns an NFL team, is worth $3.2 billion. Milwaukee Bucks co-governors Wes Edens and Marc Lasry are worth more than $4 billion combined. Yet with all that wealth, it took players to start giving away money for some governors to start announcing plans? Since Loves announcement, governors of NBA teams and many in the MLB and NFL have either agreed to pay hourly workers during the work stoppage or announced intentions to. In a country where the richest 1% owns 40% of the nations wealth, it is not the responsibility of the proletariat to take care of itself. When the Notre Dame cathedral in Paris went up in flames back in April 2019, billionaires across the globe rushed to pledge more than $1 billion to rebuilding efforts. But actually, it was small donors from America and France who helped finance the project after mostly all the billionaires reneged. On Twitter, non-rich people are starting fundraisers for authors missing book tours, hourly workers missing shifts, renters missing monthly rent payments and parents unable to afford child care for their newly knighted work-from-home kids due to the coronavirus, when one check from Amazon owner Jeff Bezos could wipe out a ton of virus-related debt. On March 13, ESPNs Adrian Wojnarowski reported that there is a provision in the current collective bargaining agreement that would allow teams to dock percentages of player salaries in the event of a lost season. If this provision were to be triggered, would the leagues richer players then help pay the salaries of those with smaller contracts? It feels blasphemous to compare Embiid, a man who signed a $146 million contract extension with the Sixers in 2017, to good Samaritans on the internet who likely cant afford to miss one paycheck. But Embiids salary compared with those of team owners is comparable to the difference between a McDonalds cashier and the CEO of the company. NBA governors shouldnt need their cashiers to take care of the other workers. https://theundefeated.com/features/the-absurdity-of-athletes-taking-on-the-burden-of-billionaires/ That was some real shit to hear, when those "magnanimous" billionaires backed out of helping to pay the Notre Dame repairs. They're like the people in the Bible who made big shows of donating to the church so that everyone could see. Except they somehow managed to be even worse than them by not even donating anything anyway, lol. I'm glad to hear small donations from regular people have been helping. --- "I have a basic understanding of economics." -Broseph_Stalin <cite>BathroomWater posted [p:936248304] in The absurd... [t:78507331]...</cite> <quote>In 2011, hedge fund manager Josh Harris led a group of 16 investors that purchased the Philadelphia 76ers from Comcast-Spectacor for $280 million, pledging to turn the lifeless team into a world-class franchise. Four years later, Harris, whose net worth is listed at $3.8 billion by Forbes magazine, purchased an 18% stake in English Premier League club Crystal Palace for a banal $75 million investment alongside a partner. In 2017, Harris bought a house on the Upper East Side of Manhattan for $45 million. According to NBC Sports Philadelphia, the annual taxes on the 21,000-square-foot townhouse with more than a dozen marble fireplaces was listed at more than $340,000 at the time of purchase. Yet on Monday, the New York Timesreported that the Sixers ownership group (which also owns the New Jersey Devils) was requiring at-will employees making at least $50,000 a year to take up to a 20% temporary salary reduction due to the work stoppage caused by the coronavirus pandemic. As the rest of the country weathers a hurricane of inadequate health care, mass layoffs and food shortages at grocery stores, a corporation worth an estimated $2 billion considered docking the pay of some of its lowest-paid employees to soften the blow of projected financial losses. That is until Joel Embiid stepped in. On Tuesday, ESPNs Ramona Shelburne reported that Embiid, the teams star center, would be donating an undisclosed amount to Sixers employees whose salaries would be reduced during the suspension of the NBA regular season. As public shaming tends to do, the Sixers immediately saved face. Within four hours of Embiids pledge, Harris announced that the team would not be requiring salary reductions: After listening to our staff and players, its clear that was the wrong decision. We have reversed it and will be paying these employees their full salaries. To our staff and fans, I apologize for getting this wrong. Embiids generosity once again exposed the modern absurdity of players taking up the mantle of employers with the NBA on pause for the next month or more. Two weeks ago, a day after commissioner Adam Silver suspended the season, Cleveland Cavaliers forward Kevin Love announced on his personal Instagram that he would be donating $100,000 through his philanthropic fund to the teams arena and support staff. Over the next few days, players across the league, including Giannis Antetokounmpo, Zion Williamson and Blake Griffin, had all pledged to donate funds to their respective teams arena workers. It is no doubt commendable for Embiid and others to reach into their own coffers to support the hundreds of workers who support them and their teammates, but in an ecosystem where billionaire team governors exist, the burden should not be theirs. Cavaliers governor Dan Gilbert, also the owner of one of the largest retail mortgage lenders, has a net worth of more than $6 billion, according to Forbes. Detroit Pistons governor Tom Gores is worth $5.7 billion. The New Orleans Pelicans Gayle Benson, who also owns an NFL team, is worth $3.2 billion. Milwaukee Bucks co-governors Wes Edens and Marc Lasry are worth more than $4 billion combined. Yet with all that wealth, it took players to start giving away money for some governors to start announcing plans? Since Loves announcement, governors of NBA teams and many in the MLB and NFL have either agreed to pay hourly workers during the work stoppage or announced intentions to. In a country where the richest 1% owns 40% of the nations wealth, it is not the responsibility of the proletariat to take care of itself. When the Notre Dame cathedral in Paris went up in flames back in April 2019, billionaires across the globe rushed to pledge more than $1 billion to rebuilding efforts. But actually, it was small donors from America and France who helped finance the project after mostly all the billionaires reneged. On Twitter, non-rich people are starting fundraisers for authors missing book tours, hourly workers missing shifts, renters missing monthly rent payments and parents unable to afford child care for their newly knighted work-from-home kids due to the coronavirus, when one check from Amazon owner Jeff Bezos could wipe out a ton of virus-related debt. On March 13, ESPNs Adrian Wojnarowski reported that there is a provision in the current collective bargaining agreement that would allow teams to dock percentages of player salaries in the event of a lost season. If this provision were to be triggered, would the leagues richer players then help pay the salaries of those with smaller contracts? It feels blasphemous to compare Embiid, a man who signed a $146 million contract extension with the Sixers in 2017, to good Samaritans on the internet who likely cant afford to miss one paycheck. But Embiids salary compared with those of team owners is comparable to the difference between a McDonalds cashier and the CEO of the company. NBA governors shouldnt need their cashiers to take care of the other workers. https://theundefeated.com/features/the-absurdity-of-athletes-taking-on-the-burden-of-billionaires/ That was some real shit to hear, when those "magnanimous" billionaires backed out of helping to pay the Notre Dame repairs. They're like the people in the Bible who made big shows of donating to the church so that everyone could see. Except they somehow managed to be even worse than them by not even donating anything anyway, lol. I'm glad to hear small donations from regular people have been helping. </quote> ... Copied to Clipboard!
Milkman5 03/26/20 7:33:06 AM #2:	The difference between an NBA Owner and an NBA player is the NBA Owner is taking massive losses. Literally hundreds of millions if not billions lost in ticket sales, advertising revenue etc while they NBA still gets paid the same amount (multi-millions in Embiid's case) just to sit at home and do nothing <cite>Milkman5 posted [p:936248491] in The absurd... [t:78507331]...</cite> <quote>The difference between an NBA Owner and an NBA player is the NBA Owner is taking massive losses. Literally hundreds of millions if not billions lost in ticket sales, advertising revenue etc while they NBA still gets paid the same amount (multi-millions in Embiid's case) just to sit at home and do nothing </quote> ... Copied to Clipboard!
pikachupwnage 03/26/20 7:43:29 AM #3:	Milkman5 posted... The difference between an NBA Owner and an NBA player is the NBA Owner is taking massive losses. Literally hundreds of millions if not billions lost in ticket sales, advertising revenue etc while they NBA still gets paid the same amount (multi-millions in Embiid's case) just to sit at home and do nothing Considering the kind of special treatment and public money they tend to get for their stadiums...fuck em. Most those teams should be owned by the City itself with how much public money is pumped into them. --- My Mario Maker 2 Maker ID is J2K-RFD-K4G Even In sigs FOE! http://i2.kym-cdn.com/photos/images/newsfeed/000/665/328/d75.gif <cite>pikachupwnage posted [p:936248709] in The absurd... [t:78507331]...</cite> <quote>Milkman5 posted... </cite> <quote>The difference between an NBA Owner and an NBA player is the NBA Owner is taking massive losses. Literally hundreds of millions if not billions lost in ticket sales, advertising revenue etc while they NBA still gets paid the same amount (multi-millions in Embiid's case) just to sit at home and do nothing</quote> Considering the kind of special treatment and public money they tend to get for their stadiums...fuck em. Most those teams should be owned by the City itself with how much public money is pumped into them. </quote> ... Copied to Clipboard!
BathroomWater 03/26/20 7:44:53 AM #4:	Milkman5 posted... The difference between an NBA Owner and an NBA player is the NBA Owner is taking massive losses. Literally hundreds of millions if not billions lost in ticket sales, advertising revenue etc while they NBA still gets paid the same amount (multi-millions in Embiid's case) just to sit at home and do nothing On March 13, ESPNs Adrian Wojnarowski reported that there is a provision in the current collective bargaining agreement that would allow teams to dock percentages of player salaries in the event of a lost season --- "I have a basic understanding of economics." -Broseph_Stalin <cite>BathroomWater posted [p:936248745] in The absurd... [t:78507331]...</cite> <quote>Milkman5 posted... </cite> <quote>The difference between an NBA Owner and an NBA player is the NBA Owner is taking massive losses. Literally hundreds of millions if not billions lost in ticket sales, advertising revenue etc while they NBA still gets paid the same amount (multi-millions in Embiid's case) just to sit at home and do nothing</quote> <quote>On March 13, ESPNs Adrian Wojnarowski reported that there is a provision in the current collective bargaining agreement that would allow teams to dock percentages of player salaries in the event of a lost season</quote></quote> ... Copied to Clipboard!
Feetish 03/26/20 8:17:44 AM #5:	Unless billionaires create a problem they shouldnt have to pay for its solution. --- Thots and players <cite>Feetish posted [p:936249456] in The absurd... [t:78507331]...</cite> <quote>Unless billionaires create a problem they shouldnt have to pay for its solution. </quote> ... Copied to Clipboard!
Rexdragon125 03/26/20 8:32:50 AM #6:	"Oh no the poor billionaire might loose a few million or a billion dollars :(" What a stupid defense. They can take it and still be well off. A normal person can't. Also Bezos could singlehandedly replace Flint's water system. There's a point where you stop being a leech on society. <cite>Rexdragon125 posted [p:936249760] in The absurd... [t:78507331]...</cite> <quote>"Oh no the poor billionaire might loose a few million or a billion dollars :(" What a stupid defense. They can take it and still be well off. A normal person can't. Also Bezos could singlehandedly replace Flint's water system. There's a point where you stop being a leech on society. </quote> ... Copied to Clipboard!
ZeldaMutant 03/26/20 8:48:32 AM #7:	We live in a capitalist system. Under capitalism, the rich are supposed to get richer (on average), no matter what. A worldwide pandemic shutting down society doesn't change that. The economic burden must be borne by the workers. If they have to fall into poverty, so be it. --- 96065 <cite>ZeldaMutant posted [p:936250188] in The absurd... [t:78507331]...</cite> <quote>We live in a capitalist system. Under capitalism, the rich are supposed to get richer (on average), no matter what. A worldwide pandemic shutting down society doesn't change that. The economic burden must be borne by the workers. If they have to fall into poverty, so be it. </quote> ... Copied to Clipboard!
TommyG663513 03/26/20 8:49:05 AM #8:	I've never once cared about someone who has a couple billion dollars in the bank losing half of that. By far the least sympathetic people in this entire pandemic. I mean, the least sympathetic people in any case really. How many billionaires are being supported by the coronavirus relief fund? But yeah nothing will truly change here. Billionaires will go back to being themselves after a shallow PR campaign to convince people they aren't absolute garbage. --- just tell them all your base doesn't belong to us because we were getting stoned...they'll understand-Ken156 <cite>TommyG663513 posted [p:936250206] in The absurd... [t:78507331]...</cite> <quote>I've never once cared about someone who has a couple billion dollars in the bank losing half of that. By far the least sympathetic people in this entire pandemic. I mean, the least sympathetic people in any case really. How many billionaires are being supported by the coronavirus relief fund? But yeah nothing will truly change here. Billionaires will go back to being themselves after a shallow PR campaign to convince people they aren't absolute garbage. </quote> ... Copied to Clipboard!
PCgamingIS_Best 03/26/20 8:52:45 AM #9:	Milkman5 posted... The difference between an NBA Owner and an NBA player is the NBA Owner is taking massive losses. Literally hundreds of millions if not billions lost in ticket sales, advertising revenue etc while they NBA still gets paid the same amount (multi-millions in Embiid's case) just to sit at home and do nothing This <cite>PCgamingIS_Best posted [p:936250295] in The absurd... [t:78507331]...</cite> <quote>Milkman5 posted... </cite> <quote>The difference between an NBA Owner and an NBA player is the NBA Owner is taking massive losses. Literally hundreds of millions if not billions lost in ticket sales, advertising revenue etc while they NBA still gets paid the same amount (multi-millions in Embiid's case) just to sit at home and do nothing</quote> This </quote> ... Copied to Clipboard!
TommyG663513 03/26/20 8:52:53 AM #10:	ZeldaMutant posted... We live in a capitalist system. Under capitalism, the rich are supposed to get richer (on average), no matter what. A worldwide pandemic shutting down society doesn't change that. The economic burden must be borne by the workers. If they have to fall into poverty, so be it. Yes this is a significant flaw with capitalism. It is why we need more elements of socialism. I mean, corporate welfare is very much a thing under our capitalist system. How many of these billionaire owners foot the entire bill of their stadium that they reek the profits off of? --- just tell them all your base doesn't belong to us because we were getting stoned...they'll understand-Ken156 <cite>TommyG663513 posted [p:936250296] in The absurd... [t:78507331]...</cite> <quote>ZeldaMutant posted... </cite> <quote>We live in a capitalist system. Under capitalism, the rich are supposed to get richer (on average), no matter what. A worldwide pandemic shutting down society doesn't change that. The economic burden must be borne by the workers. If they have to fall into poverty, so be it.</quote> Yes this is a significant flaw with capitalism. It is why we need more elements of socialism. I mean, corporate welfare is very much a thing under our capitalist system. How many of these billionaire owners foot the entire bill of their stadium that they reek the profits off of? </quote> ... Copied to Clipboard!
CADE FOSTER 03/26/20 8:54:42 AM #11:	Fuck billionaires if you have money to own multiple sport franchises they can twist on the wind they aren't hurting for money <cite>CADE FOSTER posted [p:936250359] in The absurd... [t:78507331]...</cite> <quote>Fuck billionaires if you have money to own multiple sport franchises they can twist on the wind they aren't hurting for money</quote> ... Copied to Clipboard!
The Trent 03/26/20 9:01:34 AM #12:	Argh billionaires rabble rabble hate ugh!!! --- i swear to God most of y'all cats just don't know The Trent you barely know yourself so i guess most of y'all should be offended <cite>The Trent posted [p:936250576] in The absurd... [t:78507331]...</cite> <quote>Argh billionaires rabble rabble hate ugh!!! </quote> ... Copied to Clipboard!
eston 03/26/20 9:03:57 AM #13:	In a world where some guy I've never heard of gets paid $146 million to play basketball, I think the staff should be getting paid more in the first place tbqh --- http://i73.photobucket.com/albums/i215/estonc/grizzly_bear_chairs_2.jpg https://imgur.com/8kjZU <cite>eston posted [p:936250652] in The absurd... [t:78507331]...</cite> <quote>In a world where some guy I've never heard of gets paid $146 million to play basketball, I think the staff should be getting paid more in the first place tbqh </quote> ... Copied to Clipboard!
Southernfatman 03/26/20 9:05:05 AM #14:	I see the proud worker drones got in here early. And they say it's everyone else who are the "cucks". Gotta defend your betters right? --- https://imgur.com/hslUvRN When I sin I sin real good. <cite>Southernfatman posted [p:936250683] in The absurd... [t:78507331]...</cite> <quote>I see the proud worker drones got in here early. And they say it's everyone else who are the "cucks". Gotta defend your betters right? </quote> ... Copied to Clipboard!
averagejoel 03/26/20 9:05:37 AM #15:	Feetish posted... Unless billionaires create a problem they shouldnt have to pay for its solution. ultimately the fault is on the system that allows them to accumulate wealth like they do. but they do, in fact, cause or contribute to the majority of the problems --- peanut butter and dick <cite>averagejoel posted [p:936250694] in The absurd... [t:78507331]...</cite> <quote>Feetish posted... </cite> <quote>Unless billionaires create a problem they shouldnt have to pay for its solution.</quote>ultimately the fault is on the system that allows them to accumulate wealth like they do. but they do, in fact, cause or contribute to the majority of the problems </quote> ... Copied to Clipboard!
averagejoel 03/26/20 9:07:29 AM #16:	Milkman5 posted... The difference between an NBA Owner and an NBA player is the NBA Owner is taking massive losses. Literally hundreds of millions if not billions lost in ticket sales, advertising revenue etc they should take responsibility for their situation. pull themselves up by their bootstraps --- peanut butter and dick <cite>averagejoel posted [p:936250760] in The absurd... [t:78507331]...</cite> <quote>Milkman5 posted... </cite> <quote>The difference between an NBA Owner and an NBA player is the NBA Owner is taking massive losses. Literally hundreds of millions if not billions lost in ticket sales, advertising revenue etc</quote> they should take responsibility for their situation. pull themselves up by their bootstraps </quote> ... Copied to Clipboard!
Squall28 03/26/20 9:07:53 AM #17:	They don't just have a billion dollars hanging around. Their assets are valued that much. Imagine you buy a house for $100k. You payoff $20k and borrow $80k from the bank. Your revenue stream gets cutoff, and you suddenly can't make mortgage payments anymore. Then people are like hey man you have 6 figures, pay for your house! --- If you're going through hell, keep going. -Winston Churchill <cite>Squall28 posted [p:936250774] in The absurd... [t:78507331]...</cite> <quote>They don't just have a billion dollars hanging around. Their assets are valued that much. Imagine you buy a house for $100k. You payoff $20k and borrow $80k from the bank. Your revenue stream gets cutoff, and you suddenly can't make mortgage payments anymore. Then people are like hey man you have 6 figures, pay for your house! </quote> ... Copied to Clipboard!
eston 03/26/20 9:12:28 AM #18:	These people were billionaires before they owned sports teams --- http://i73.photobucket.com/albums/i215/estonc/grizzly_bear_chairs_2.jpg https://imgur.com/8kjZU <cite>eston posted [p:936250901] in The absurd... [t:78507331]...</cite> <quote>These people were billionaires before they owned sports teams </quote> ... Copied to Clipboard!
Fam_Fam 03/26/20 9:13:54 AM #19:	Squall28 posted... They don't just have a billion dollars hanging around. Their assets are valued that much. Imagine you buy a house for $100k. You payoff $20k and borrow $80k from the bank. Your revenue stream gets cutoff, and you suddenly can't make mortgage payments anymore. Then people are like hey man you have 6 figures, pay for your house! people are talking about net worth, not assets. <cite>Fam_Fam posted [p:936250948] in The absurd... [t:78507331]...</cite> <quote>Squall28 posted... </cite> <quote>They don't just have a billion dollars hanging around. Their assets are valued that much. Imagine you buy a house for $100k. You payoff $20k and borrow $80k from the bank. Your revenue stream gets cutoff, and you suddenly can't make mortgage payments anymore. Then people are like hey man you have 6 figures, pay for your house!</quote> people are talking about net worth, not assets. </quote> ... Copied to Clipboard!
CyricZ 03/26/20 9:14:07 AM #20:	Billionaires are an invasive species. --- CyricZ <cite>CyricZ posted [p:936250952] in The absurd... [t:78507331]...</cite> <quote>Billionaires are an invasive species. </quote> ... Copied to Clipboard!
TommyG663513 03/26/20 9:15:01 AM #21:	Squall28 posted... They don't just have a billion dollars hanging around. Their assets are valued that much. Imagine you buy a house for $100k. You payoff $20k and borrow $80k from the bank. Your revenue stream gets cutoff, and you suddenly can't make mortgage payments anymore. Then people are like hey man you have 6 figures, pay for your house! LOL Does everyone else have to do the math for you and explain that billionaires being the last ones to lend out a helping hand is a big issue? --- just tell them all your base doesn't belong to us because we were getting stoned...they'll understand-Ken156 <cite>TommyG663513 posted [p:936250975] in The absurd... [t:78507331]...</cite> <quote>Squall28 posted... </cite> <quote>They don't just have a billion dollars hanging around. Their assets are valued that much. Imagine you buy a house for $100k. You payoff $20k and borrow $80k from the bank. Your revenue stream gets cutoff, and you suddenly can't make mortgage payments anymore. Then people are like hey man you have 6 figures, pay for your house!</quote> LOL Does everyone else have to do the math for you and explain that billionaires being the last ones to lend out a helping hand is a big issue? </quote> ... Copied to Clipboard!
Odoylerules 03/26/20 9:16:37 AM #22:	Milkman5 posted... The difference between an NBA Owner and an NBA player is the NBA Owner is taking massive losses. Literally hundreds of millions if not billions lost in ticket sales, advertising revenue etc while they NBA still gets paid the same amount (multi-millions in Embiid's case) just to sit at home and do nothing Theyre about to all be bailed out so fucking no <cite>Odoylerules posted [p:936251030] in The absurd... [t:78507331]...</cite> <quote>Milkman5 posted...</cite> <quote>The difference between an NBA Owner and an NBA player is the NBA Owner is taking massive losses. Literally hundreds of millions if not billions lost in ticket sales, advertising revenue etc while they NBA still gets paid the same amount (multi-millions in Embiid's case) just to sit at home and do nothing </quote> Theyre about to all be bailed out so fucking no</quote> ... Copied to Clipboard!
averagejoel 03/26/20 9:18:55 AM #23:	Squall28 posted... They don't just have a billion dollars hanging around. Their assets are valued that much. Imagine you buy a house for $100k. You payoff $20k and borrow $80k from the bank. Your revenue stream gets cutoff, and you suddenly can't make mortgage payments anymore. Then people are like hey man you have 6 figures, pay for your house! you're trying to derail the conversation here because it makes you uncomfortable. stop it --- peanut butter and dick <cite>averagejoel posted [p:936251106] in The absurd... [t:78507331]...</cite> <quote>Squall28 posted... </cite> <quote>They don't just have a billion dollars hanging around. Their assets are valued that much. Imagine you buy a house for $100k. You payoff $20k and borrow $80k from the bank. Your revenue stream gets cutoff, and you suddenly can't make mortgage payments anymore. Then people are like hey man you have 6 figures, pay for your house!</quote>you're trying to derail the conversation here because it makes you uncomfortable. stop it </quote> ... Copied to Clipboard!
Lunar_Savage 03/26/20 9:28:02 AM #24:	ZeldaMutant posted... We live in a capitalist system. Under capitalism, the rich are supposed to get richer (on average), no matter what. A worldwide pandemic shutting down society doesn't change that. The economic burden must be borne by the workers. If they have to fall into poverty, so be it. And I do believe the only proper universal response should be: go straight to fuckin' hell with that bullshit. --- Number of Mega Cookies given: (::::) 29 Tips top hat, adjusts monocle, and walks away with a cane. And yes, that IS Mr. Peanut laying unconscious on the curb <cite>Lunar_Savage posted [p:936251416] in The absurd... [t:78507331]...</cite> <quote>ZeldaMutant posted... </cite> <quote>We live in a capitalist system. Under capitalism, the rich are supposed to get richer (on average), no matter what. A worldwide pandemic shutting down society doesn't change that. The economic burden must be borne by the workers. If they have to fall into poverty, so be it.</quote> And I do believe the only proper universal response should be: go straight to fuckin' hell with that bullshit. </quote> ... Copied to Clipboard!
The Trent 03/26/20 9:28:42 AM #25:	rabble rabble billionaires evil angry anger --- i swear to God most of y'all cats just don't know The Trent you barely know yourself so i guess most of y'all should be offended <cite>The Trent posted [p:936251440] in The absurd... [t:78507331]...</cite> <quote>rabble rabble billionaires evil angry anger </quote> ... Copied to Clipboard!
Wolf_J_Flywheel 03/26/20 9:35:51 AM #26:	Attacking and shaming the ultra successful will eventually lead to attacking the moderately successful. And thats a very dangerous road to travel. Because there are way more of those and they create jobs. Fuck rich shaming. --- Proud NRA member since 2008 https://imgur.com/n1L1yBu <cite>Wolf_J_Flywheel posted [p:936251712] in The absurd... [t:78507331]...</cite> <quote>Attacking and shaming the ultra successful will eventually lead to attacking the moderately successful. And thats a very dangerous road to travel. Because there are way more of those and they create jobs. Fuck rich shaming. </quote> ... Copied to Clipboard!
ehhwhatever 03/26/20 9:51:00 AM #27:	It's fun to watch the one upmanship, all life being a game, who understands that if you're not one-up, you're one-down. --- Take crimson and clover. <cite>ehhwhatever posted [p:936252280] in The absurd... [t:78507331]...</cite> <quote>It's fun to watch the one upmanship, all life being a game, who understands that if you're not one-up, you're one-down. </quote> ... Copied to Clipboard!
CyricZ 03/26/20 9:55:55 AM #28:	Wolf_J_Flywheel posted... Attacking and shaming the ultra successful will eventually lead to attacking you and me. And thats a very dangerous road to travel. Because there are way more of those and they create jobs. Fuck rich shaming. Fixed for you and anyone else who would make this argument. The "slippery slope" argument is fearmongering to imply that eventually middle-class Americans who get by comfortably will become eventual targets. This is myopic, and doesn't take into account the MASSIVE gap in wealth between themselves and the ultra rich, and the fact that even if the ultra rich are brought down to size, they will STILL BE RICH and likely still remain the focus of wealth inequality. --- CyricZ <cite>CyricZ posted [p:936252484] in The absurd... [t:78507331]...</cite> <quote>Wolf_J_Flywheel posted... </cite> <quote>Attacking and shaming the ultra successful will eventually lead to attacking you and me. And thats a very dangerous road to travel. Because there are way more of those and they create jobs. Fuck rich shaming.</quote>Fixed for you and anyone else who would make this argument. The "slippery slope" argument is fearmongering to imply that eventually middle-class Americans who get by comfortably will become eventual targets. This is myopic, and doesn't take into account the MASSIVE gap in wealth between themselves and the ultra rich, and the fact that even if the ultra rich are brought down to size, they will STILL BE RICH and likely still remain the focus of wealth inequality. </quote> ... Copied to Clipboard!
Squall28 03/26/20 9:59:00 AM #29:	TommyG663513 posted... LOL Does everyone else have to do the math for you and explain that billionaires being the last ones to lend out a helping hand is a big issue? Please. None of you guys are good at math lol --- If you're going through hell, keep going. -Winston Churchill <cite>Squall28 posted [p:936252599] in The absurd... [t:78507331]...</cite> <quote>TommyG663513 posted... </cite> <quote>LOL Does everyone else have to do the math for you and explain that billionaires being the last ones to lend out a helping hand is a big issue?</quote> Please. None of you guys are good at math lol </quote> ... Copied to Clipboard!
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Questionmarktarius 03/26/20 11:06:02 AM #31:	Billionaires exist for a very simple reason. <cite>Questionmarktarius posted [p:936255662] in The absurd... [t:78507331]...</cite> <quote>Billionaires exist for a very simple reason. </quote> ... Copied to Clipboard!
IShall_Run_Amok 03/26/20 11:15:33 AM #32:	There's absolutely no reason for so few people to own - not even mere control, but outright own - our resources and lives, and that's before you factor in their theft of wages from people who actually work for them. --- don't flush the cob <cite>IShall_Run_Amok posted [p:936256202] in The absurd... [t:78507331]...</cite> <quote>There's absolutely no reason for so few people to own - not even mere control, but outright own - our resources and lives, and that's before you factor in their theft of wages from people who actually work for them. </quote> ... Copied to Clipboard!
The Trent 03/26/20 11:16:34 AM #33:	ah here we go --- i swear to God most of y'all cats just don't know The Trent you barely know yourself so i guess most of y'all should be offended <cite>The Trent posted [p:936256254] in The absurd... [t:78507331]...</cite> <quote>ah here we go </quote> ... Copied to Clipboard!
Questionmarktarius 03/26/20 11:19:03 AM #34:	Alright. Let's impose a maximum wage somehow, or institute some sort of wealth limit What do you suppose happens next? <cite>Questionmarktarius posted [p:936256384] in The absurd... [t:78507331]...</cite> <quote>Alright. Let's impose a maximum wage somehow, or institute some sort of wealth limit What do you suppose happens next? </quote> ... Copied to Clipboard!
BathroomWater 03/26/20 12:23:29 PM #35:	Questionmarktarius posted... Alright. Let's impose a maximum wage somehow, or institute some sort of wealth limit What do you suppose happens next? This is not really what's being said. What's largely being said is, if the boss makes $1,000 in profit off of my labor, he shouldn't only be paying me $50 for it. --- "I have a basic understanding of economics." -Broseph_Stalin <cite>BathroomWater posted [p:936260099] in The absurd... [t:78507331]...</cite> <quote>Questionmarktarius posted... </cite> <quote>Alright. Let's impose a maximum wage somehow, or institute some sort of wealth limit What do you suppose happens next?</quote> This is not really what's being said. What's largely being said is, if the boss makes $1,000 in profit off of my labor, he shouldn't only be paying me $50 for it. </quote> ... Copied to Clipboard!
KiwiTerraRizing 03/26/20 12:26:11 PM #36:	Feetish posted... Unless billionaires create a problem they shouldnt have to pay for its solution. Boot licker --- Trucking Legend Don Schneider! <cite>KiwiTerraRizing posted [p:936260270] in The absurd... [t:78507331]...</cite> <quote>Feetish posted... </cite> <quote>Unless billionaires create a problem they shouldnt have to pay for its solution.</quote> Boot licker </quote> ... Copied to Clipboard!
HylianFox 03/26/20 12:31:15 PM #37:	ZeldaMutant posted... We live in a capitalist system. Under capitalism, the rich are supposed to get richer (on average), no matter what. A worldwide pandemic shutting down society doesn't change that. The economic burden must be borne by the workers. If they have to fall into poverty, so be it. Active Posts: 1 was it worth it? --- I like my beer cold, my TV loud, and my homosexuals FUH-LAMING! - Homer Simpson Don't be a turd. - Chris Pratt <cite>HylianFox posted [p:936260576] in The absurd... [t:78507331]...</cite> <quote>ZeldaMutant posted... </cite> <quote>We live in a capitalist system. Under capitalism, the rich are supposed to get richer (on average), no matter what. A worldwide pandemic shutting down society doesn't change that. The economic burden must be borne by the workers. If they have to fall into poverty, so be it.</quote> Active Posts: 1 was it worth it? </quote> ... Copied to Clipboard!
TheGoldenEel 03/26/20 12:34:50 PM #38:	Imagine defending billionaires they could give away 95% of their wealth and still be unimaginably wealthy the increase in wealth gap over the past decades is a huge factor in the economic issues facing the US today. (Even before, but exacerbated by, the Coronavirus shutdown) the system doesnt work --- The words of The Golden Eel have been revealed... Games: http://backloggery.com/wrldindstries302 \\ Music: http://www.last.fm/user/DrMorberg/ <cite>TheGoldenEel posted [p:936260793] in The absurd... [t:78507331]...</cite> <quote>Imagine defending billionaires they could give away 95% of their wealth and still be unimaginably wealthy the increase in wealth gap over the past decades is a huge factor in the economic issues facing the US today. (Even before, but exacerbated by, the Coronavirus shutdown) the system doesnt work </quote> ... Copied to Clipboard!
BathroomWater 03/26/20 1:00:10 PM #39:	HylianFox posted... Active Posts: 1 was it worth it? I think he was condemning the system with that post lol, not endorsing/defending it. --- "I have a basic understanding of economics." -Broseph_Stalin <cite>BathroomWater posted [p:936262369] in The absurd... [t:78507331]...</cite> <quote>HylianFox posted... </cite> <quote>Active Posts: 1 was it worth it?</quote> I think he was condemning the system with that post lol, not endorsing/defending it. </quote> ... Copied to Clipboard!
thronedfire2 03/26/20 1:02:35 PM #40:	Yup, the owner of the TD Garden in Boston wasnt gonna pay arena staff either until he got publicly shamed because Bruins players were donating money for people --- I could see you, but I couldn't hear you You were holding your hat in the breeze Turning away from me In this moment you were stolen... <cite>thronedfire2 posted [p:936262529] in The absurd... [t:78507331]...</cite> <quote>Yup, the owner of the TD Garden in Boston wasnt gonna pay arena staff either until he got publicly shamed because Bruins players were donating money for people </quote> ... Copied to Clipboard!
CADE FOSTER 03/26/20 2:24:49 PM #41:	last year these assholes got a huge tax cut from trump and they art gonna get another huge bailout and they still cry poverty its never enough for them <cite>CADE FOSTER posted [p:936267348] in The absurd... [t:78507331]...</cite> <quote>last year these assholes got a huge tax cut from trump and they art gonna get another huge bailout and they still cry poverty its never enough for them</quote> ... Copied to Clipboard!
RchHomieQuanChi 03/26/20 2:32:49 PM #42:	Feetish posted... Unless billionaires create a problem they shouldnt have to pay for its solution. I mean. No. But they better not complain when the economy is in the shitter and they're losing money because they didn't take care of the people that made them billionaires in the first place. --- I have nothing else to say <cite>RchHomieQuanChi posted [p:936267780] in The absurd... [t:78507331]...</cite> <quote>Feetish posted... </cite> <quote>Unless billionaires create a problem they shouldnt have to pay for its solution.</quote> I mean. No. But they better not complain when the economy is in the shitter and they're losing money because they didn't take care of the people that made them billionaires in the first place. </quote> ... Copied to Clipboard!
Solar_Crimson 03/27/20 2:47:40 PM #43:	BathroomWater posted... I think he was condemning the system with that post lol, not endorsing/defending it. We can only hope. --- Be wary of boarding the hype train, lest you end up on the ruse cruise... - nanobuilder (r/nintendo) http://backloggery.com/SolarCrimson <cite>Solar_Crimson posted [p:936327448] in The absurd... [t:78507331]...</cite> <quote>BathroomWater posted... </cite> <quote>I think he was condemning the system with that post lol, not endorsing/defending it.</quote>We can only hope. </quote> ... Copied to Clipboard!
BathroomWater 03/27/20 2:57:44 PM #44:	Solar_Crimson posted... We can only hope. Yeah I suppose there are those that believe that is right, lol. I guess I read it with my glass half full. --- "I have a basic understanding of economics." -Broseph_Stalin <cite>BathroomWater posted [p:936328001] in The absurd... [t:78507331]...</cite> <quote>Solar_Crimson posted... </cite> <quote>We can only hope.</quote> Yeah I suppose there are those that believe that is right, lol. I guess I read it with my glass half full. </quote> ... Copied to Clipboard!
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Current Events > The absurdity of billionaires and the burden they put on us