Buffet/Gates

PonderingMyMaker · June 2006

Isn't it ironic? In the end, these two capitalist pigs, perverse accumulators of wealth, enemies of the common people, will do more for poor people than every whiny liberal ever born.

I wonder, at this point, if Ed feels kind of silly for mocking Gates.

even flow? · June 2006

PonderingMyMaker wrote:

Isn't it ironic? In the end, these two capitalist pigs, perverse accumulators of wealth, enemies of the common people, will do more for poor people than every whiny liberal ever born.

I wonder, at this point, if Ed feels kind of silly for mocking Gates.

Funny that with all their money, New Orleans still looks like Iraq. Now that is ironic for all the capitalist pigs who enjoy the rewards their land offers them and do nothing to fix it when it needs repair.

As for mocking Gates goes. It is a new year now, ain't it? And with that comes change. I still think if a tool wants the public to pay for a stadium with his/their corporate logo on it, they should get ripped. Probably one of many from that song.

BinFrog · June 2006

How the hell does a post about 2 billionaires donating billions of dollars to charity all of the sudden become a post against liberals? Good lord that's a reach. Jeeze.

my2hands · June 2006

PonderingMyMaker wrote:

every whiny liberal ever born.

cant people communicate like fucking adults around here?

floyd1975 · June 2006

They may not do more than every whiny liberal but they will do more than the government would have done had they confiscated all of that money like some say they should.

he still stands · June 2006

I think the general message that the original post was making is valid.... but the way that the message was written leaves a lot to be desired.

If only other incredibly wealthy people would follow suit, instead of transferring their wealth to their inheritants. That is the biggest pitfall of capitalism, the people who accumulate wealth don't redistribute it equitably. If this problem was fixed then capitalism would work... maybe these two guys have taken the first step towards solving this problem.

surferdude · June 2006

my2hands wrote:

cant people communicate like fucking adults around here?

I seriously doubt it. Besides, you're only complaining because you need to get laid.

RainDog · June 2006

zstillings wrote:

They may not do more than every whiny liberal but they will do more than the government would have done had they confiscated all of that money like some say they should.

Like Bill Gates for example - advocate of the estate tax.

JasonVaritek · June 2006

zstillings wrote:

They may not do more than every whiny liberal but they will do more than the government would have done had they confiscated all of that money like some say they should.

Come on Z. "whiny liberal." ??

floyd1975 · June 2006

JasonVaritek wrote:

Come on Z. "whiny liberal." ??

Sorry, I forgot to use the quotes. I was just trying to keep up with the first post. Definitely not my words.

JasonVaritek · June 2006

Ok-Sorry Z. I didn't think I was reading that right coming from you. You would never post something like that.

farfromglorified · June 2006

PonderingMyMaker wrote:

I wonder, at this point, if Ed feels kind of silly for mocking Gates.

I wonder, at this point, if you feel kind of silly for mocking whatever invention in your head that keeps you up at night.

It takes an interesting kind of person to turn a wonderful situation like this into anger and vitriol.

Abookamongstthemany · June 2006

farfromglorified wrote:

I wonder, at this point, if you feel kind of silly for mocking whatever invention in your head that keeps you up at night.

It takes an interesting kind of person to turn a wonderful situation like this into anger and vitriol.

on this, we can agree.

PonderingMyMaker · June 2006

farfromglorified wrote:

I wonder, at this point, if you feel kind of silly for mocking whatever invention in your head that keeps you up at night.

It takes an interesting kind of person to turn a wonderful situation like this into anger and vitriol.

No anger here. Zip, zero, zilch.

Ignore the whiny part, then, and attempt to address the point raised.

decides2dream · June 2006

PonderingMyMaker wrote:

No anger here. Zip, zero, zilch.

Ignore the whiny part, then, and attempt to address the point raised.

what exactly is the point? that it's ironic? i don't think it's all that ironic. many a bizillionaire has given much back.
btw - do you think one can't be a liberal and rich? do you know this for a fact? so perhaps not so bizarre? i mean hey...ed may not be any gates, but i am sure he's got plenty of $$$...and he seems rather liberal-minded...and who's to say gates isn't a liberal? i don't know his personal politics, just sayin'....

in regards to ed, i highly doubt he gives it a second thought. we all make comments, and can change our opinions at any time. ed hardly strikes me as someone who worries about appearing 'silly.'

bootlegger10 · June 2006

RainDog wrote:

Like Bill Gates for example - advocate of the estate tax.

I don't understand why there is even a death tax. Someone earns a lot of income that they pay tax on when earned. Then they die and then it gets taxed again at a very high rate. Just doesn't make sense. I realize that death tax and inheritance tax sound different, but they are the same. Someone dies, and the government (fed and state) come in and take close to half of the estate. I've prepared a few inheritance tax returns and have seen the taxes come out to well over $100 million. It's crazy that the government swoops in and just takes it because the person died.

That said, I would hope that folks would do something good with all that money and not stockpile it. I just don't trust the government with the money. They'll build some stupid museum about the history of socks or something stupid like that.

duffy · June 2006

PonderingMyMaker wrote:

Isn't it ironic? In the end, these two capitalist pigs, perverse accumulators of wealth, enemies of the common people, will do more for poor people than every whiny liberal ever born.

in any very wealthy person's situation, and good god these guys are megalozillionaires...luck has at least a tiny hand in it. and timing. and parents who thought they were god's gift to the universe. lol but i digress. that being said, being that they have more money than they can personally use...well woopie, give some away. hell, better than giving it to the IRS.

but about your point, yeah...its like annoying black rapper dudes who say Oprah doesn't like them when she has probably done more to aid the black race than anyone else on the planet.

btw, the most whiny asses on this earth are obnoxious conservatives. they can suck it.

Inkdaub · June 2006

I think it's great what both Gates and Buffet are doing with so much of their money. Don't be so quick to compare these two to other people...whiny liberals or anyone else. Not everyone can give 37 billion to charity. Fewer still can give 37 billion to charity and still remain a billionaire. At the same time, very few can give...I think it's around 85%(Buffet) of their worth to charity and still remain wealthy beyond the dreams of avarice.

These guys can and do...good for them.

BinFrog · June 2006

I read a quote from Warren from about 10 years ago which I thought was great. Mind you I'll never have billions of dollars lying around, but his outlook on giving money to his children tells you what kind of person he is:

"Give your children enough to do anything, but not enough to do nothing."

Yeah that's probably butchered, but you get the point.

drivingrl · June 2006

PonderingMyMaker wrote:

will do more for poor people than every whiny liberal ever born.

http://news.yahoo.com/s/nm/20060626/pl_nm/financial_buffett_taxes_dc

RainDog · June 2006

bootlegger10 wrote:

I don't understand why there is even a death tax. Someone earns a lot of income that they pay tax on when earned. Then they die and then it gets taxed again at a very high rate. Just doesn't make sense. I realize that death tax and inheritance tax sound different, but they are the same. Someone dies, and the government (fed and state) come in and take close to half of the estate. I've prepared a few inheritance tax returns and have seen the taxes come out to well over $100 million. It's crazy that the government swoops in and just takes it because the person died.

That said, I would hope that folks would do something good with all that money and not stockpile it. I just don't trust the government with the money. They'll build some stupid museum about the history of socks or something stupid like that.

It's not a death tax or an inheritance tax because not everyone who dies and not everyone who inherits something gets taxed. It's an estate tax.

When a corporation makes a profit, i.e. earns money, it's taxed. When that corporation pays it's employee's, the employee's pay is taxed - even though it's the "same money." When a wealth individual earns money, it's taxed (provided they don't know how to avoid them) - when that person pays his or her heirs in inheritance, it gets taxed.

And if you're preparing estate tax returns where the tax is in excess of $100 million, congratulations. A person would have to inherit approximately $300 million to have to pay that much. You must be making a killing in fees.

Buffet/Gates

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