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http://fashionweekdaily.com/true-life-im-a-rich-kid/quote:You have a credit card. What kind?
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Jul 10, 2015 04:19
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preeeeetty sure this is fake
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Jul 10, 2015 05:59
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at the date posted:preeeeetty sure this is fake I'm not immune to irony, but if it's a joke Daily Summer is a goddamn work of art like, those ads are ClickHole-level poo poo if they're fake edit beyond ClickHole, no way that's satire. It's too good. i say swears online fucked around with this message at 06:53 on Jul 10, 2015 |
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Jul 10, 2015 06:23
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I write my *cheques from the back of the book to the front so the bank thinks I'm a Timelord.
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Jul 10, 2015 07:45
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Aliquid posted:I'm not immune to irony, but if it's a joke Daily Summer is a goddamn work of art holy poo poo
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Jul 10, 2015 15:25
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Not only are these people historically BWM(as seen by tons of posts here from the security clearance review files), but also, now they are bad with identity theft:( http://www.cnn.com/2015/07/09/politics/office-of-personnel-management-data-breach-20-million/index.html
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Jul 10, 2015 15:31
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lord1234 posted:Not only are these people historically BWM(as seen by tons of posts here from the security clearance review files), but also, now they are bad with identity theft:( That data could be used to compromise a large number of people with security clearances. As bad or worse than people with serious financial problems.
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Jul 10, 2015 21:48
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https://www.reddit.com/r/AskReddit/comments/3crh4c/what_is_something_rich_people_buy_that_poor/ not necessarily bad with money, but interesting and terrifying... especially PERSPECTIVE. The wealthiest person I have spent time with makes about $400mm/year. i couldn't get my mind around that until I did this: OK--let's compare it with someone who makes $40,000/year. It is 10,000x more. Now let's look at prices the way he might. A new Lambo--$235,000 becaome $23.50. First class ticket internationally? $10,000 becomes $1. A full time executive level helper? $8,000/month becomes $0.80/month. A $10mm piece of art you love? $1000. Expensive, so you have to plan a bit. A suite at the best hotel in NYC $10,000/night is $1/night. A $50million home in the Hamptons? $5,000. There is literally nothing you can't buy except. Hunt the rich the revolution will not be civilized. Jack2142 fucked around with this message at 22:16 on Jul 10, 2015 |
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Jul 10, 2015 22:11
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I work with private jets for a living. The amount of money people will drop on some things are absurd. The $95 coffee cups stood out to me in particular.
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Jul 11, 2015 00:49
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I dunno, some coffee cups are worth it.
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Jul 11, 2015 01:28
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Aliquid posted:I dunno, some coffee cups are worth it. I might, might, pay $20k for a mug if it had on it a picture of the queen of England doing full frontal nudity. Any age is fine.
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Jul 11, 2015 03:26
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https://youtu.be/Iz3m_7ozhNo On phone so it won't paste as an embedded video, but this girl takes out thousands in bank loans on minimum wage to fund her obsession with ninja turtles. Cross posting from furry thread in bfcs parent forum that I cannot remember the name of at the moment. E ask/tell
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Jul 11, 2015 06:08
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That must almost certainly be a mental illness or high functioning autism. My $2 is on the latter.
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Jul 11, 2015 08:34
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Jack2142 posted:Hunt the rich the revolution will not be civilized. Nor will the aftermath, when the economic illiterates suckered by envy-based politics realize that rich people got rich by building the safe, comfortable civilization they took for granted out of an overinflated sense of entitlement. You'll be cold, starved, and bored, but everyone else will be too. I guess that's "fair."
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Jul 11, 2015 15:11
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Thanks for the sense of superiority over "economic illiterates", guy who posted this:High Lord Elbow posted:I'm 6'5". I commute to an office job in an F-150 and happily burn fuel at 14mpg. Sometimes it's less about "bad with money" and more about "good with legroom."
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Jul 11, 2015 15:21
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High Lord Elbow posted:Nor will the aftermath, when the economic illiterates suckered by envy-based politics realize that rich people got rich by building the safe, comfortable civilization they took for granted out of an overinflated sense of entitlement. No they didn't. They got rich on insider trading from their Congress connections, where they and their buddies get to vote on their own salary and have never once turned down an exorbitant raise. They continue to be rich by not paying taxes because their assets are sheltered offshore, and they're not at risk of bankruptcy from getting sick because they have baller socialized medical care that the rest of us don't have access to. They also, you know, impact the laws that get rid of banking regulations to further gently caress over anyone who doesn't own stock in that bank, allow those banks and car manufacturers to continue with unsustainable and predatory practices, and then make us all bail out same when their lovely business practices bite them in the rear end, because our economy is too dependent on them. But yeah. Rich people all totally got rich by building hospitals and schools and roads and fire departments. Oh wait. It's almost like there would be more financially and otherwise literate people in this country if they were actually educated...but it's a little tough to do that when a bunch of people who got rich from "building society" opt to spend the money on their military contractor buddies instead of education. You're totally right though. Non-wealthy people are just jealous.
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Jul 11, 2015 15:34
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Frothing leftist goons: Bad with accepting anything that conflicts with what their crazy freshman sociology professors told them.
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Jul 11, 2015 15:47
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High Lord Elbow posted:Frothing leftist goons: Bad with accepting anything that conflicts with what their crazy freshman sociology professors told them. Troll a different thread if you're not even going to be funny.
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Jul 11, 2015 15:52
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Remember how absolutely no one got rich bundling up worthless mortgages, sweet-talking ratings agencies into calling them investment grade, and then loading up the balance sheets of critical financial institutions with them? Because thankfully everyone in our civilization-giving financial system is financially literate enough not to fall for that one, or else they wouldn't have been wealthy and successful in the first place. EDIT: Not going to go so far as to say that we need to eat the bankers (sorry frothing leftists!) But the 80s and 90s saw unprecedentedly huge explosions of wealth that were facilitated by a financial industry much smaller and more limited. Meanwhile the deregulated 21st century financial industry has made a lot of money for the financial sector at the expense of everyone else. the holy poopacy fucked around with this message at 16:07 on Jul 11, 2015 |
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Jul 11, 2015 16:00
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NancyPants posted:No they didn't. They got rich on insider trading from their Congress connections, where they and their buddies get to vote on their own salary and have never once turned down an exorbitant raise. They continue to be rich by not paying taxes because their assets are sheltered offshore, and they're not at risk of bankruptcy from getting sick because they have baller socialized medical care that the rest of us don't have access to. 
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Jul 11, 2015 16:06
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HLE: Why is investment income not taxed at the same rate as regular income?
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Jul 11, 2015 16:06
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Radbot posted:How about more Bad With Money and less My Ideological Take on Macroeconomics?
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Jul 11, 2015 16:11
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Nocheez posted:HLE: Why is investment income not taxed at the same rate as regular income? To encourage investment, but it has the fun side-effect of encouraging highly compensated people to get various stock options instead of wages so that they can pay less tax. ChipNDip fucked around with this message at 16:17 on Jul 11, 2015 |
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Jul 11, 2015 16:14
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pig slut lisa posted:Thanks for the sense of superiority over "economic illiterates", guy who posted this: It seems like every person thats over 6'0" thinks they're wilt chamberlain and cant fit into a normal car
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Jul 11, 2015 16:22
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mastershakeman posted:It seems like every person thats over 6'0" thinks they're wilt chamberlain and cant fit into a normal car Eat the rich and tall (there will be plenty to go around)
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Jul 11, 2015 17:02
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ChipNDip posted:To encourage investment, but it has the fun side-effect of encouraging highly compensated people to get various stock options instead of wages so that they can pay less tax. The argument that capital gains should be significantly lower than ordinary income doesn't really make sense. Saying that it encourages investment is basically saying that there is another option for excess money that would have a better rate of return, but the government wants to encourage investment in assets that fall under capital gains and thus gives a tax break to enhance the rate of return of specific assets. These other assets really don't exist and this is backed up by research that has shown that the rate of investment doesn't correlate to the capital gains rate. It also creates perverse incentives such as inefficient tax shelters that reclassify income to capital gains and the long term rate encouraging holding assess in a bubble. asur fucked around with this message at 20:20 on Jul 11, 2015 |
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Jul 11, 2015 19:25
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Jack2142 posted:https://www.reddit.com/r/AskReddit/comments/3crh4c/what_is_something_rich_people_buy_that_poor/ Not to get into a 'eat the rich' debate here, but it also costs a lot more to be wealthy. Taxes are higher, especially if it's a 'real job' rather than investment income. You've also got to employ a lot of people to maintain that lifestyle - accountants, advisers, entourages, etc. Take that Merryweather fight as an example. Sure he got $100 million, but his manager gets a big cut, his trainer gets a chunk, and there's a whole hierarchy below them that get paid. At the end of the day it's still awesome to have money. Very few rich people long for the days when they had to watch every penny. But their 'take home pay' is significantly less than what it appears.
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Jul 11, 2015 22:35
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Nocheez posted:HLE: Why is investment income not taxed at the same rate as regular income? To increase inequality. One of the recent articles that demonstrated the difference between the rich and poor was simply whether or not you invest money. If you combine tax breaks on investment income and compounding interest effect that makes the gap even wider. It does encourage investment though.
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Jul 11, 2015 23:51
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Nocheez posted:HLE: Why is investment income not taxed at the same rate as regular income? Theoretically to reduce double taxation, but that would imply corporations pay taxes on profits instead of just stashing money overseas, borrowing money in the US, and using that for dividends/buybacks.
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Jul 12, 2015 03:12
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mastershakeman posted:It seems like every person thats over 6'0" thinks they're wilt chamberlain and cant fit into a normal car This poo poo cracks me up. Like the dude in the bad car loan thread who needed a BMW or whatever for his 6'2" massive size. I'm 6'5" and drive a Kia Forte. I find it more comfortable than truck/SUV driving. People use lots of excuses to be bad with money
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Jul 12, 2015 05:17
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oxsnard posted:This poo poo cracks me up. Like the dude in the bad car loan thread who needed a BMW or whatever for his 6'2" massive size. Agreed. I'm 6'3" and have plenty of room in my Hyundai Sonata and drove a Ford Escort for a number of years. In most cars if you don't have a sunroof you'll be fine unless you're close to 7' tall and/or don't know how to adjust your seat. Of course if you want to try and sit in a Miata or something similar, LOL, good luck with that. Test drove one for about 10' on a car lot and had the steering wheel between my knees. Drove a friend's Porsche Boxster with a similar experience. Yeah, there are a lot of cars that suck for tall people, but there are also a lot that are fine, including compacts that get 25-30+ MPG.
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Jul 12, 2015 07:00
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I have a friend who is 6'1" and is perfectly comfortable driving a mini. Of course not all small cars are going to work for you stilt people, but "I need this F150 because I'm tall" is a bullshit excuse unless you're pushing 300 pounds.
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Jul 12, 2015 07:42
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Dillbag posted:I have a friend who is 6'1" and is perfectly comfortable driving a mini. Of course not all small cars are going to work for you stilt people, but "I need this F150 because I'm tall" is a bullshit excuse unless you're pushing 300 pounds. A Ford Focus (and many other cars) still work fine in that case. gently caress you guys, I just know.
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Jul 12, 2015 07:49
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Dillbag posted:I have a friend who is 6'1" and is perfectly comfortable driving a mini. Of course not all small cars are going to work for you stilt people, but "I need this F150 because I'm tall" is a bullshit excuse unless you're pushing 300 pounds. I once knew a guy who said he drove a truck because "a real man isn't going to fit into a car". I only knew him on the internet (and he was an utter idiot in general, definitely an acquaintance rather than a friend) but that always cracked me up. I can't imagine how fat you have to be to actually think that.
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Jul 12, 2015 11:46
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Devian666 posted:To increase inequality. One of the recent articles that demonstrated the difference between the rich and poor was simply whether or not you invest money. If you combine tax breaks on investment income and compounding interest effect that makes the gap even wider.
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Jul 12, 2015 11:52
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Krispy Kareem posted:Not to get into a 'eat the rich' debate here, but it also costs a lot more to be wealthy. Taxes are higher, especially if it's a 'real job' rather than investment income. You've also got to employ a lot of people to maintain that lifestyle - accountants, advisers, entourages, etc. Take that Merryweather fight as an example. Sure he got $100 million, but his manager gets a big cut, his trainer gets a chunk, and there's a whole hierarchy below them that get paid. Hmm yes that fight anecdote really does apply to the super wealthy in the financial sector. Poor rich people who don't use tax shelters (and therefore arguably aren't rich) only getting 60% of what they make over $250k or whatever. The only thing your anecdote shows is that it takes money to make more money, unless you earnestly believe people below the first rung in that hierarchy took IOUs for their work in which case you're a boring troll please gently caress off.
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Jul 12, 2015 12:36
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Dillbag posted:I have a friend who is 6'1" and is perfectly comfortable driving a mini. Of course not all small cars are going to work for you stilt people, but "I need this F150 because I'm tall" is a bullshit excuse unless you're pushing 300 pounds. I'm 6'1" and not small and have driven about every small car through company cars including my boss' Fiat comfortably.
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Jul 12, 2015 13:31
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Im 6'3" and can drive a mini. In fact the one car in our family is a mini (I usually use trains and cabs) and its fine. I wouldn't want to go cross country driving it but anything else is totally fine. Other hatchbacks are mostly better than a mini. Also investment is a dumb word. Im not investing any extra money into company x im just buying someone elses share in that company. Im not helping that company expand or build new facilties im just buying someone elses share of the profit or speculation on future growth. Tax breaks should be for ipos or share issues not market churn.
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Jul 12, 2015 16:42
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I know one guy who's six foot whatever and can't fit into anything but his truck. It's because he's 300 pounds. I'm going to extend this anecdote and assume anyone who NEEDS a truck is grossly obese.
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Jul 12, 2015 17:36
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I'm 5'0" and greatly dislike driving anything larger than a full-size sedan or the smallest of SUV type vehicle. No full-size trucks, minivans, or SUVs for me. I still get to be BWM by driving an Acura TSX now instead of the perfectly adequate Honda Accord that I used to own.
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Jul 12, 2015 17:48
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