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Reason: None provided.

LMFAO, that flight is actually pretty ridiculous. However, IMHO, despite how lavishly some of these people live, what makes somebody greedy/disgusting is not how rich they are or how lavishly they live, but rather the degree to which they have exploited government interference and/or corruption to gain their wealth.

For example, I know a guy who produces roof trusses and he has innovative so much that he is able to produce (in Amerika) trusses that are vastly superior to the competition at a cost that dwarfs the competition. As a result, this guy has the kind of money where he could build a 747 out of gold, no joke. It's hard to take somebody like this and say "I can make an exception for this guy, because his story sounds compelling and he was born and raised in a middle-class family and built his company from the ground up", because principles don't have exceptions.

The only way we can figure out what is right and wrong is to distill the things that we think are right down to their base principles. Regardless of the number of orders of magnitude of money that somebody has based on their success and hard work, I cannot bring myself to envy them, as long as they haven't lobbied for laws that benefit them, paid off politicians, etc. The only "bad guys" are the ones that are doing that stuff, which includes the banks and a lot of the fortune 500 companies that are likely involved in illegal cabal behavior/price-fixing/blacklisting/etc.

I know a lot of extremely rich people. Most of the ones that I know have grown their wealth multiple times and had multiple crashes, including one who is crashing really hard right now (like loosing his mind due to his whole business unravelling because of the supply chain issues). They choose a lifestyle that doesn't involve the comforts of a 9-to-5 job but from the outside looks extremely lavish from our perspectives.

Of the many rich people I know (including a few that are in the hundreds of millions), only one of them has built his entire estate based on pure corruption, and also taking advantage of E1B visas to bring Chinese investors into the US as permanent residents, etc.

The kind of wealth I'm talking about, these people have a "family office" with a CEO that runs their estate like a large corporation (some with dozens of employees). It's ludicrous amounts of money, but almost all of these people gained their wealth entirely during their lifetimes. One of them that I know well has a Rolls-Royce, and like 5 or 6 other super expensive looking vehicles, a giant waterfront mansion (~$15-20 million in this market), and he literally still works his ass off every week. He's just driven by success.

According to my set of principles, the government is here to protect our private property and that's it. Anything beyond that is some form of totalitarianism, and individuals "eating the rich" is just some form of anarchism that will lead to a communist nightmare. These things prove themselves over and over and they should not be argued against. You can argue that you want that to happen, but you can't be in denial about what it leads to. Production is always going to be driven up by the John Galts of the world. Sometimes it feels futile, because even if I say "all we need to do is get rid of lobbying and corruption", but how can you do that one even a small percent of the super rich that happen to be evil are enough to corrupt the entire government. Principles are principles, and they don't change just because one person is winning or another. I don't presume to know the correct solution to the worlds problems, but I know it doesn't involve wishing ill against somebody because they can afford to pay for some mobile home sized cabin in an airplane.

We know who the bad actors are, you point them out all the time (e.g., media cabal), but the system itself didn't create those bad actors like everybody wants people to believe, and the bad actors didn't create the system. The bad actors are just bad actors operating freely within a free system. They are capturing the state and capturing the minds of the proletariat. But those bad actors are a cabal of their own making, and not market capitalism's fruits.

2 years ago
1 score
Reason: Original

LMFAO, that flight is actually pretty ridiculous. However, IMHO, despite how lavishly some of these people live, what makes somebody greedy/disgusting is not how rich they are or how lavishly they live, but rather the degree to which they have exploited government interference and/or corruption to gain their wealth.

For example, I know a guy who produces roof trusses and he has innovative so much that he is able to produce (in Amerika) trusses that are vastly superior to the competition at a cost that dwarfs the competition. As a result, this guy has the kind of money where he could build a 747 out of gold, no joke. It's hard to take somebody like this and say "I can make an exception for this guy, because his story sounds compelling and he was born and raised in a middle-class family and built his company from the ground up", because principles don't have exceptions.

The only way we can figure out what is right and wrong is to distill the things that we think are right down to their base principles. Regardless of the number of orders of magnitude of money that somebody has based on their success and hard work, I cannot bring myself to envy them, as long as they haven't lobbied for laws that benefit them, paid off politicians, etc. The only "bad guys" are the ones that are doing that stuff, which includes the banks and a lot of the fortune 500 companies that are likely involved in illegal cabal behavior/price-fixing/blacklisting/etc.

I know a lot of extremely rich people. Most of the ones that I know have grown their wealth multiple times and had multiple crashes, including one who is crashing really hard right now (like loosing his mind due to his whole business unravelling because of the supply chain issues). They choose a lifestyle that doesn't involve the comforts of a 9-to-5 job but from the outside looks extremely lavish from our perspectives.

Of the many rich people I know (including a few that are in the hundreds of millions), only one of them has built his entire estate based on pure corruption, and also taking advantage of E1B visas to bring Chinese investors into the US as permanent residents, etc.

The kind of wealth I'm talking about, these people have a "family office" with a CEO that runs their estate like a large corporation (some with dozens of employees). It's ludicrous amounts of money, but almost all of these people gained their wealth entirely during their lifetimes. One of them that I know well has a Rolls-Royce, and like 5 or 6 other super expensive looking vehicles, a giant waterfront mansion (~$15-20 million in this market), and he literally still works his ass off every week. He's just driven by success.

According to my set of principles, the government is here to protect our private property and that's it. Anything beyond that is some form of totalitarianism, and individuals "eating the rich" is just some form of anarchism that will lead to a communist nightmare. These things prove themselves over and over and they should not be argued against. You can argue that you want that to happen, but you can't be in denial about what it leads to. Production is always going to be driven up by the John Galts of the world. Sometimes it feels futile, because even if I say "all we need to do is get rid of lobbying and corruption", but how can you do that one even a small percent of the super rich that happen to be evil are enough to corrupt the entire government. Principles are principles, and they don't change just because one person is winning or another. I don't presume to know the correct solution to the worlds problems, but I know it doesn't involve wishing ill against somebody because they can afford to pay for some mobile home sized cabin in an airplane.

We know who the bad actors are, you pointing out all the time, but the system itself didn't create those bad actors like everybody wants people to believe, and the bad actors didn't create the system. The bad actors are just bad actors operating freely within a free system. They are capturing the state and capturing the minds of the proletariat. But those bad actors are a cabal of their own making, and not market capitalism's fruits.

2 years ago
1 score