Billionaire hedge fund manager says you should give back to the system that allowed you to get rich.

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  • stocktrader23
    Let's do some business.
    • Jan 2003
    • 18781
    #1

    Billionaire hedge fund manager says you should give back to the system that allowed you to get rich.

    http://crooksandliars.com/nicole-bel...okes?kjghk=jgh

    "I think anyone who doesn't give credit to the system that they are born into is taking an awful lot onto themselves. I mean, I really think that people have sacrificed a lot more than a little tax money to make that system available for all of us. And I would be ashamed of myself if I didn't give some credit to them," Steyer said, choking up and pausing to regain his composure.

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    • Nicky
      Too lazy to set a custom title
      • Mar 2003
      • 30071
      #2
      How noble of him

      gfynicky @ gmail.com

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        • heymatty
          Confirmed User
          • Oct 2001
          • 2188
          #3
          Seems like a nice guy.

          Cashlantis ~ Black Book Cash

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            • Paul Markham
              Too old to care
              • Jun 2001
              • 52942
              #4
              Giving something back leads to getting more wealth. Whether you give back by spending your money at home, re-investing at home or in taxes it all adds to your own wealth.

              It's when people ship their wealth out of the country that made them rich that the country suffers.

              Money in motion.



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                • scubadiver626
                  Confirmed User
                  • Oct 2006
                  • 1034
                  #5
                  There's just too many other attractive places in this world to be so in love with America. Even if you do pull out completely, they still want part of your worldwide income.
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                    • seeandsee
                      Check SIG!
                      • Mar 2006
                      • 50945
                      #6
                      he have money and he dont care
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                        • HBKKH
                          Confirmed User
                          • Jan 2008
                          • 1013
                          #7
                          strange site. Went to the home page to see more crooks and liars gossip and find a "C&L's Late Night Music Club With Phoenix" post. hmmmm.
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                            • woj
                              <&(©¿©)&>
                              • Jul 2002
                              • 47882
                              #8
                              that's nice of him, but he is not alone, many billionaires give back through charities...
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                                • jesse_adultdatingdollars
                                  Confirmed User
                                  • Apr 2006
                                  • 2197
                                  #9
                                  good for him, great piont.
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                                    • sweetcuties
                                      Confirmed User
                                      • Feb 2002
                                      • 5859
                                      #10
                                      This country was built on fake money and stolen land... seems fitting

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                                        • Slutboat
                                          Confirmed User
                                          • Sep 2008
                                          • 2388
                                          #11
                                          how easy it would be to engender good public will by donating... they wont notice a couple zeros less, and they get this shiny new image!

                                          seems like a good guy though
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                                            • will76
                                              Making $$$$ w/ ClickCash
                                              • May 2003
                                              • 18037
                                              #12
                                              It's easy for Billionaires to preach about giving back, because they have so much they could give a million dollars and not even miss it, It would be like most people here giving back $10.

                                              It's also funny, almost everyone with tons of money will tell you money isn't everything. It's easy to say when you have a ton of it, try putting yourself in the shoes of everyone else and see how important money is to your happiness then.
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                                                • will76
                                                  Making $$$$ w/ ClickCash
                                                  • May 2003
                                                  • 18037
                                                  #13
                                                  Originally posted by sweetcuties
                                                  This country was built on fake money and stolen land... seems fitting
                                                  find me a country that wasn't built on stolen land.
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                                                    • pornguy
                                                      Too lazy to set a custom title
                                                      • Mar 2003
                                                      • 62912
                                                      #14
                                                      Originally posted by woj
                                                      that's nice of him, but he is not alone, many billionaires give back through charities...
                                                      Yeah they do and get 100% of that back in tax cuts.


                                                      If they hand the money out on the street then they are giving back. If they give to a charity they are getting back and making someone else rich at the same time.

                                                      Think about Good Will and the guy that was the CEO.
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                                                        • tiger
                                                          Confirmed User
                                                          • Apr 2002
                                                          • 6986
                                                          #15
                                                          Originally posted by will76
                                                          It's easy for Billionaires to preach about giving back, because they have so much they could give a million dollars and not even miss it, It would be like most people here giving back $10.

                                                          It's also funny, almost everyone with tons of money will tell you money isn't everything. It's easy to say when you have a ton of it, try putting yourself in the shoes of everyone else and see how important money is to your happiness then.
                                                          Just like taxes as a percentage of income, middle class people give far more money to charity than the rich do.

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                                                            • Sausage
                                                              Confirmed User
                                                              • Oct 2002
                                                              • 3012
                                                              #16
                                                              They do give back. It's called tax. And whether you like it or not that fact is that the top few percent pay most of the tax for the poor.
                                                              IW
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