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Repetitive Monkey 11-06-2004 04:24 AM

Quote:

Originally posted by punkworld
Even though I'm not at all for outlawing inheritance, your argument makes no sense. Without enheritance existing there's still a pretty good reason for owning things: actually using them.
In a society of true equal opportunity your children should be able to build a good life for themselves, depending on their own efforts.

The only reason why inheritance can not and should not be outlawed is that it's a fundamental part of property, and thereby self-ownership. The only person with the right to distribute your property is you.

Do you think that people who would want to outlaw inheritance want to do that because of being envious that others have good conditions?

I really don't get people who fight richness instead of poverty. Why drag everyone else down to your level instead of rising yourself up?

BRISK 11-06-2004 04:25 AM

Quote:

Originally posted by CamChicks
This country needs to invest much more in education (college should be available to everyone who wants it)
:glugglug

Joe Citizen 11-06-2004 04:29 AM

There's nothing more pathetic than hearing the wealthy bitch about paying taxes.

CET 11-06-2004 04:30 AM

Quote:

Originally posted by Joe Citizen
There is no such thing as equal opportunity.

It is an illusion.

So long as someone is not being deliberately blocked by another, there is equal opportunity. Even then, that does not stop those who truly want to succeed. Case in point Benjamin Banneker.

Benjamin Banneker

Here's another, Frederick Douglas.

Frederick Douglas

Libertine 11-06-2004 04:30 AM

Quote:

Originally posted by Repetitive Monkey
S/he was making a point. Of course Democrats don't want to literally "punish" someone for being financially successful, but certainly they want to treat them negatively in way that others are not (higher tax percentages).
S/he was making a stupid point, with a story that has no connection to reality.
Anyone who compares feeding the starving with distributing points in college is an idiot, anyone who compares progressive taxes with a fully equal distribution of wealth is an even bigger idiot, and anyone who even thinks about seriously telling a story in which the main point implies that wealth is always earned is almost certainly mentally handicapped.

Quote:

Originally posted by CET
There are many in the democratic leadership that are socialists and communists, and are trying to bring in the idea of wealthy redistribution. Case in point, minority leader Nancy Pelosi, senator Hillary Clinton, senator Teddy Kennedy, just to name a few.
That's bullshit, plain and simple. Progressive taxes and social security do not equal full-scale wealth redistribution.

CET 11-06-2004 04:31 AM

Quote:

Originally posted by Repetitive Monkey
Do you think that people who would want to outlaw inheritance want to do that because of being envious that others have good conditions?

I really don't get people who fight richness instead of poverty. Why drag everyone else down to your level instead of rising yourself up?

That was simply beautiful!

*wipes a tear from my eye*

Manowar 11-06-2004 04:33 AM

Quote:

Originally posted by MrPheer
Even though I agree with that and I'm in the top tax bracket.. I'd give up my tax cut if we could get that idiot out of the white house.
Same, i'd rather be taxed than that.

CET 11-06-2004 04:33 AM

Quote:

Originally posted by punkworld
S/he was making a stupid point, with a story that has no connection to reality.
Anyone who compares feeding the starving with distributing points in college is an idiot, anyone who compares progressive taxes with a fully equal distribution of wealth is an even bigger idiot, and anyone who even thinks about seriously telling a story in which the main point implies that wealth is always earned is almost certainly mentally handicapped.

88% of all individuals in America worth over $10 million are first generation wealthy.

Quote:

Originally posted by punkworld
That's bullshit, plain and simple. Progressive taxes and social security do not equal full-scale wealth redistribution.
True, those things are not full scale wealthy redistribution, but they are tools of wealth redistribution and there are plenty in the democratic leadership that want to expand those tools.

Libertine 11-06-2004 04:35 AM

Quote:

Originally posted by Repetitive Monkey
Do you think that people who would want to outlaw inheritance want to do that because of being envious that others have good conditions?

I really don't get people who fight richness instead of poverty. Why drag everyone else down to your level instead of rising yourself up?

I think that people who would want to outlaw inheritance honestly believe that it would create a society which gives everyone equal chances of being succesful in society. I also think that they are simply missing the fundamental flaw in their ideas, not because of envy or resentment, but because of a logical mistake.

Also, there isn't really any point in asking me why people fight richness, because if you've been paying attention, you should know that I am not at all against richness.

CET 11-06-2004 04:38 AM

Quote:

Originally posted by punkworld
I think that people who would want to outlaw inheritance honestly believe that it would create a society which gives everyone equal chances of being succesful in society. I also think that they are simply missing the fundamental flaw in their ideas, not because of envy or resentment, but because of a logical mistake.

Also, there isn't really any point in asking me why people fight richness, because if you've been paying attention, you should know that I am not at all against richness.

You are, however, assuming a defensive posture with a position that is notorious for doing just that.

Joe Citizen 11-06-2004 04:38 AM

Quote:

Originally posted by CET
So long as someone is not being deliberately blocked by another, there is equal opportunity. Even then, that does not stop those who truly want to succeed. Case in point Benjamin Banneker.

Benjamin Banneker

Here's another, Frederick Douglas.

Frederick Douglas

Both of those examples are hundreds of years old and the exception rather than the rule.

People are blocked by poverty, abusive parents, stupid parents, institutionalisation, homelessness, language, disease, disability, prejudice and lack of access to decent education amongst other things.

Every time someone brings up equal opportunity it makes me want to scream.

Equal opportunity exists only in the minds of the priveleged white middle class.

Drake 11-06-2004 04:42 AM

Quote:

Originally posted by SultryMal
I heard this story that I think all democrats should hear:

There was a girl named Jane, who was very liberal and just about to graduate from college.
Her father was a rich republican, so when Jane came back from break they started talking, first about school, Jane said that she studied all the time, and rarely had time to see anybody, but was getting a 4.0... then the subject moved to politics.
Jane believed that the government should distibute the money throughout the country, by giving the rich smaller tax cuts.
Tha father then asked her how her roommate was doing.
Jane told him not too well, she parties a lot and is only getting a 2.0, she is popular but rarely goes to class.
The father then says, ah well i see, well so why dont you give her 1.0 of yours, so then you both will have 3.0.
Jane said of course not! i worked hard for my grades...she then realized that its not fair to whine about taxing the rich because they had earned it, they shouldn't be punished for their success..

So a guy that inherits his family's wealth or inherits a nice community, good home, good school earned these things?

I do see the point though. There are people that definitely deserve more because they work for it while others don't.

BRISK 11-06-2004 04:43 AM

I can understand taxing inheritance, but outlawing it is just wrong.

CET 11-06-2004 04:44 AM

Quote:

Originally posted by Joe Citizen
Both of those examples are hundreds of years old and the exception rather than the rule.

People are blocked by poverty, abusive parents, stupid parents, institutionalisation, homelessness, language, disease, disability, prejudice and lack of access to decent education amongst other things.

Every time someone brings up equal opportunity it makes me want to scream.

Equal opportunity exists only in the minds of the priveleged white middle class.

Because they're old that means they're inapplicable? You don't think this happens today? I can give you contemporary examples if you like. None the less, the people I mentioned were blocked by poverty, institutionalized slavery (which no American has to deal with today), prejudice (which is not overtly practiced towards black people anymore in America due to the harsh public stigma attached to such acts) and lack of access to decent education, yet these men chose to succeed no matter what. This shows that success is a matter of determination on the part of the individual.

CET 11-06-2004 04:46 AM

Quote:

Originally posted by Mike33
So a guy that inherits his family's wealth or inherits a nice community, good home, good school earned these things?

I do see the point though. There are people that definitely deserve more because they work for it while others don't.

88% of all Americans worth over $10 million are first generation wealthy.

Joe Citizen 11-06-2004 04:49 AM

Quote:

Originally posted by CET
Because they're old that means they're inapplicable? You don't think this happens today? I can give you contemporary examples if you like. None the less, the people I mentioned were blocked by poverty, institutionalized slavery (which no American has to deal with today), prejudice (which is not overtly practiced towards black people anymore in America due to the harsh public stigma attached to such acts) and lack of access to decent education, yet these men chose to succeed no matter what. This shows that success is a matter of determination on the part of the individual.
For every one of these poor, uneducated slaves that managed to rise above their circumstances, how many were there that didn't?

Then tell me how things were for white people of the same era.

Equal opportunity? Come on man. Don't be absurd.

WarChild 11-06-2004 04:50 AM

Outlawing inheritance and even taxing it is just stupid.

I work hard for my money. If I want to spend it in the store, save it in the bank or give it to my children (okay I don't have any) that should be my business.

BRISK 11-06-2004 04:50 AM

Quote:

Originally posted by Mike33
I do see the point though. There are people that definitely deserve more because they work for it while others don't.
Meritocracy :glugglug

Joe Citizen 11-06-2004 04:50 AM

Quote:

Originally posted by CET
88% of all Americans worth over $10 million are first generation wealthy.
How many of them were born into white, middle-class privilege?

CET 11-06-2004 04:50 AM

I've now quoted the figure "88% of all Amerians worth over $10 million are first generation wealthy" several times in this thread. If anyone wants to know where I got that, it's here: The Millionaire Next Door by Thomas J. Stanley and William D. Danko. This book is an exhaustive study into Americans with a net worth of over $10 million. It's a bit of a dry read, but it's under 300 pages and VERY insightful into how wealthy people become wealthy people, as well as how they stay wealthy. One of the things you'll learn is that those that inherit wealthy generally don't stay wealthy for very long. The day of dynasty fortunes is essentially dead, with only a few exceptions (Kennedy, Gore, Bush, etc).

CET 11-06-2004 04:53 AM

Quote:

Originally posted by Joe Citizen
For every one of these poor, uneducated slaves that managed to rise above their circumstances, how many were there that didn't?

Then tell me how things were for white people of the same era.

Equal opportunity? Come on man. Don't be absurd.

Then it's a goal that should not be strived towards?

Again, success is a matter of self determination more then any one thing. Here's a general example: How many idiots are running around with PhD's? I've known a few. I'm far more intelligent the most individuals I have met holding doctorites. They got those degrees through sheer determination to see their desires through.

Repetitive Monkey 11-06-2004 04:54 AM

Quote:

Originally posted by Joe Citizen
How many of them were born into white, middle-class privilege?
Based on this and your previous posts, is it fair to say that you are going to war against random chance? You must have one mother of an inferiority complex.

CET 11-06-2004 04:54 AM

quote:
--------------------------------------------------------------------------------
Originally posted by CET
88% of all Americans worth over $10 million are first generation wealthy.
--------------------------------------------------------------------------------



Quote:

Originally posted by Joe Citizen
How many of them were born into white, middle-class privilege?
Did you not read the above?

Libertine 11-06-2004 04:55 AM

Quote:

Originally posted by CET
88% of all individuals in America worth over $10 million are first generation wealthy.
I've heard many numbers suggesting that wealth is largely dependant on wealth of the parents from the left wing, and many numbers suggesting the opposite from the right wing. Needless to say, a random statistic without a source on a message board does not mean much to me.

Quote:

Originally posted by CET
True, those things are not full scale wealthy redistribution, but they are tools of wealth redistribution and there are plenty in the democratic leadership that want to expand those tools.
There's a slight difference between wealth redistribution and social security. Social security is aimed at making sure people don't go without the basics of life (i.e. making sure people don't starve in the streets), while wealth redistribution as a general concept is aimed at creating more equality in wealth.

Joe Citizen 11-06-2004 04:57 AM

Quote:

Originally posted by CET
They got those degrees through sheer determination to see their desires through.
Did they?

Or do you think maybe it says more about the current low standards of tertiary education?

Joe Citizen 11-06-2004 04:58 AM

Quote:

Originally posted by CET
quote:
--------------------------------------------------------------------------------
Originally posted by CET
88% of all Americans worth over $10 million are first generation wealthy.
--------------------------------------------------------------------------------





Did you not read the above?

Yes I did.

At what point does someone become 'wealthy'?

I said middle class privilege not wealth.

Libertine 11-06-2004 04:58 AM

Quote:

Originally posted by CET
I've now quoted the figure "88% of all Amerians worth over $10 million are first generation wealthy" several times in this thread. If anyone wants to know where I got that, it's here: The Millionaire Next Door by Thomas J. Stanley and William D. Danko. This book is an exhaustive study into Americans with a net worth of over $10 million. It's a bit of a dry read, but it's under 300 pages and VERY insightful into how wealthy people become wealthy people, as well as how they stay wealthy. One of the things you'll learn is that those that inherit wealthy generally don't stay wealthy for very long. The day of dynasty fortunes is essentially dead, with only a few exceptions (Kennedy, Gore, Bush, etc).
Ah, now there is a source. All that is lacking now is the exact information on the research method used.

By the way, here's something suggesting the opposite:
Quote:

Almost a third of the Forbes 400 richest people were born onto that list, with an average net worth of $2.6 billion. Another quarter inherited a small business, oil lands, or perhaps had well-to-do parents able to provide an expensive education and family friends helpful in a business career.
http://csmonitor.com/2004/0802/p17s01-wmgn.html

CET 11-06-2004 04:59 AM

Quote:

Originally posted by punkworld
I've heard many numbers suggesting that wealth is largely dependant on wealth of the parents from the left wing, and many numbers suggesting the opposite from the right wing. Needless to say, a random statistic without a source on a message board does not mean much to me.
I'll quote myself:

Quote:

Originally posted by CET
I've now quoted the figure "88% of all Amerians worth over $10 million are first generation wealthy" several times in this thread. If anyone wants to know where I got that, it's here: The Millionaire Next Door by Thomas J. Stanley and William D. Danko. This book is an exhaustive study into Americans with a net worth of over $10 million. It's a bit of a dry read, but it's under 300 pages and VERY insightful into how wealthy people become wealthy people, as well as how they stay wealthy. One of the things you'll learn is that those that inherit wealthy generally don't stay wealthy for very long. The day of dynasty fortunes is essentially dead, with only a few exceptions (Kennedy, Gore, Bush, etc).
Quote:

Originally posted by punkworld
There's a slight difference between wealth redistribution and social security. Social security is aimed at making sure people don't go without the basics of life (i.e. making sure people don't starve in the streets), while wealth redistribution as a general concept is aimed at creating more equality in wealth.
Social security is a broken and fucked up system that needs to be fixed. I would be better off if I put my social security payments into a simple checking account at most any bank.

Repetitive Monkey 11-06-2004 05:00 AM

Quote:

Originally posted by Joe Citizen
Did they?

Or do you think maybe it says more about the current low standards of tertiary education?

The standards in education in the west are constantly being lowered, that's correct. And the reason is "equal opportunity," the concept you champion. The educational institutions with high standards are accused of racism against non-whites because they find that there is a lack of them there.

CET 11-06-2004 05:00 AM

Quote:

Originally posted by Joe Citizen
Did they?

Or do you think maybe it says more about the current low standards of tertiary education?

I don't think it says that at all, because I've known several individuals going through both secondary and terriary education and they work so hard at their studies that they barely have time to eat and sleep.

Joe Citizen 11-06-2004 05:02 AM

Quote:

Originally posted by Repetitive Monkey
The standards in education in the west are constantly being lowered, that's correct. And the reason is "equal opportunity," the concept you champion. The educational institutions with high standards are accused of racism against non-whites because they find that there is a lack of them there.
The lowering of standards in education has nothing to do with race.

Repetitive Monkey 11-06-2004 05:03 AM

Quote:

Originally posted by Joe Citizen
The lowering of standards in education has bothing to do with race.
A lot of it does. Educational institutions have to lower their standards to comply with the latest communist manifesto. Erm, I mean, racial equal opportunity policies.

Libertine 11-06-2004 05:04 AM

Quote:

Originally posted by CET
You are, however, assuming a defensive posture with a position that is notorious for doing just that.
I am not assuming a defensive posture. I am assuming an aggressive posture towards stupidity. That does not by any means make his straw man valid.

CET 11-06-2004 05:04 AM

Quote:

Originally posted by Joe Citizen
Yes I did.

At what point does someone become 'wealthy'?

I said middle class privilege not wealth.

I don't remember that particular stastic. I'm sure it was mentioned and I'm sure I didn't think much of it and kept on reading. Keep in mind that the book I referenced is just under 300 pages of research. Not remembering any single stastic is a very high likelyhood. As I recall, most all of them came from working class families.

I remember the 88% stastic because I had to stop for a minute and reflect on the implications of that one stastic.

Joe Citizen 11-06-2004 05:05 AM

Quote:

Originally posted by Repetitive Monkey
A lot of it does. Educational institutions have to lower their standards to comply with the latest communist manifesto. Erm, I mean, racuial equal opportunity policies.
Yeah well I guess that's an American problem and I'm not an American.

It isn't a problem here in Australia and we're more left wing than you are.

CET 11-06-2004 05:05 AM

Quote:

Originally posted by punkworld
Ah, now there is a source. All that is lacking now is the exact information on the research method used.

By the way, here's something suggesting the opposite:

http://csmonitor.com/2004/0802/p17s01-wmgn.html

Read the book, it's just under 300 pages, it gives a hell of a lot more about research methods then what you posted.

Further, your little list comprises a small percentage of those covered in the book I covered. Therefore there is no contradiction, as much you might like one to exist.

Libertine 11-06-2004 05:06 AM

Quote:

Originally posted by CET
Social security is a broken and fucked up system that needs to be fixed. I would be better off if I put my social security payments into a simple checking account at most any bank.
Social security is not just a single system used in some country, it's a also a general concept which has been put into practice many times and in many different forms. I was, quite obviously, referring to the concept rather than a single, static instance of it.

Joe Citizen 11-06-2004 05:07 AM

Quote:

Originally posted by CET
I don't remember that particular stastic. I'm sure it was mentioned and I'm sure I didn't think much of it and kept on reading. Keep in mind that the book I referenced is just under 300 pages of research. Not remembering any single stastic is a very high likelyhood. As I recall, most all of them came from working class families.

I remember the 88% stastic because I had to stop for a minute and reflect on the implications of that one stastic.

Equal opportunity suggests a level playing field and this is not the case.

Lets get together the son of a black, crack addicted single parent and the son of a white, private school educated executive from a stable family and talk equal opportunity.

Drake 11-06-2004 05:08 AM

Quote:

Originally posted by CET
88% of all Americans worth over $10 million are first generation wealthy.
What about all the ones over $1 million? or over $5 million?

CET 11-06-2004 05:08 AM

Quote:

Originally posted by Joe Citizen
Yeah well I guess that's an American problem and I'm not an American.

It isn't a problem here in Australia and we're more left wing than you are.

Austria doesn't have the long standing racial history America does, nor do I suspect you have as many black people over there.


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