WesHollywood Wrote:I have seen you post that you are a 1%er a couple times now, and I must say I do not believe you.
You
do realize that individuals who make more than $50k/year are in the top 1% of the richest individuals in the world? Most Americans don't realize just how incredibly rich we really are.
WesHollywood Wrote:First, people who live in the million dollar plus bracket, don't talk about it unless they are making a deal with other business people.
And you would know this
how?
WesHollywood Wrote:1%ers do not join websites like GaySpeak.com, the have their own private websites where they communicate with their own type.
In your fantasy-land, perhaps. How many rich people do
you personally know?
WesHollywood Wrote:Finally, people with large amounts of money do not spend the amount of time on the internet that you do. They are out spending and living the good life. No one is buying the 1%er bit. Maybe the 1%er wannabe bit!
Now I
know that you have little experience with real rich people. Your beliefs about the 1%ers are about as accurate as Pat Robertson's beliefs about gays. That is, based upon myth and fear/hatred.
For starters, the rich are
more wired than the average person, because they need to be. Knowledge is power, and power begets money. What you don't realize is that while I'm posting on this forum, I'm also researching different developing-market mutual funds and discussing the Australian rare-earths market with my family. I write here for fun, not profit.
Next, wild spending and living "the good life" is the quickest way to become poor. The world is littered with individuals who made it big and then lost it all. Actors and athletes who make incredible money fast, without developing the skills to manage it, are particularly prone to going bust and dying broke. Fools pour their money into depreciating assets...the rich invest the majority of their wealth so that it grows.
Case in point: my uncle bought a foreclosed home just outside of San Francisco after the 2008 crash for $2.2 million. They spent a year and another million renovating it...and as the housing market in SF picked up, it's now valued at over $6 million. Granted, he's going to use a little bit of that equity to visit Antartica with his son next spring...but the vast majority of his wealth is in appreciating assets. He's got homes in three different continents (US, Europe, and Asia). And every morning he wakes up, has a bagel with coffee, and reads newspapers on his iPad while listening to CNN. Granted, sitting on an antique $5k chair...but even that chair goes UP in price with time (it's antique). And he's far better connected online than almost anyone his age.
Yes, I support the Log Cabin Republicans and Tea Party.
WesHollywood Wrote:Oh........and speaking as a member of Stonewall Democrats, the Democratic Party is not part of the 99%ers as much as they would like to be. Active DNC Dems in the liberal base are shredding Obama for playing poker during the debt ceiling talks with Social Security, Medicare, and Medicaid. I affiliate myself with the Dems who want to replace Barry Obama with Hillary Clinton in the Democratic primaries. Obama has been a mediocre right leaning POTUS. And frankly, we in California have the fifth largest economy on the planet. The midwestern and southern states are holding us back from our destiny. The following map is circulating. Set the country up like the European Union, share a military, but let each region be a country.
The EU is on the brink of collapse, California's budget is an unsustainable nightmare, and the Midwest (where I live) is one of the few regions working towards economic sustainability. And my neighborhood university is one the top-ranked in America for supporting LGBT rights.
I'm curious...how long have you lived in the Midwestern and Southern regions you condemn? We're holding you back from your destiny, all right. We're holding you from the brink of
collapse.