That Elon Musk guy...

J

Jaaaman

Classical conservative
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Elon Musk is a scumbag billionaire like the rest. Nobody is a self-made man; like Bezos and the rest, Elon built his wealth on the backs of the working class and hoards it all for himself.

Warren Buffet recently announced that he will donate 99% of his fortune ($125 billion) to charity. He said this:

"Over many decades I have accumulated an almost incomprehensible sum simply by doing what I love to do. I've made no sacrifice nor has my family. Compound interest, a long runway, wonderful associates and our incredible country have simply worked their magic. Society has a use for my money; I don't."
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At least one of them is finally being honest.
 
American Man said:
Elon Musk is a scumbag billionaire like the rest. Nobody is a self-made man; like Bezos and the rest, Elon built his wealth on the backs of the working class and hoards it all for himself.

Warren Buffet recently announced that he will donate 99% of his fortune ($125 billion) to charity. He said this:



At least one of them is finally being honest.
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Well, what Buffet has enjoyed will not be available for future generations in America.

Government overreach and corruption and creeping Communism will see to that.

They want the hoi polloi to be serfs. That's the antithesis of America.

What I don't get is all the Hoi Polloi rushing to be serfs when they could be living The American Dream.

That is a result of the indoctrination. It has to be.
 
Matt Dillon said:
Well, what Buffet has enjoyed will not be available for future generations in America.

Government overreach and corruption and creeping Communism will see to that.

They want the hoi polloi to be serfs. That's the antithesis of America.

What I don't get is all the Hoi Polloi rushing to be serfs when they could be living The American Dream.

That is a result of the indoctrination. It has to be.
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You are against government corruption, yet you offer up full support for Donald Trump who ran the most corrupt government in our lifetime. I would also like to see some examples of this creeping Communism you speak of.
 
American Man said:
Elon Musk is a scumbag billionaire like the rest. Nobody is a self-made man; like Bezos and the rest, Elon built his wealth on the backs of the working class and hoards it all for himself.

Warren Buffet recently announced that he will donate 99% of his fortune ($125 billion) to charity. He said this:
At least one of them is finally being honest.
Click to expand...

He personifies the nearly-extinct concept of noblesse oblige.
 
floridafan said:
You are against government corruption, yet you offer up full support for Donald Trump who ran the most corrupt government in our lifetime. I would also like to see some examples of this creeping Communism you speak of.
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The changing of B.C. and A.D.
to
B.C.E. and A.C.E.
 
Matt Dillon said:
Well, what Buffet has enjoyed will not be available for future generations in America.

Government overreach and corruption and creeping Communism will see to that.

They want the hoi polloi to be serfs. That's the antithesis of America.

What I don't get is all the Hoi Polloi rushing to be serfs when they could be living The American Dream.

That is a result of the indoctrination. It has to be.
Click to expand...

The classic American Dream has been dead for decades. Once upon a time, a man with a high school education could work 40 hrs and support a family, buy a decent house, and drive a decent car. Back then, wealth was distributed more fairly. Now, wealth is balanced towards the upper class and the working class is left suffering; two adults need to work full-time just to support one household, while CEOs make more now than they ever have. Free-market capitalism has gutted America.

But there are ways that we working class people can reclaim some of the wealth we helped create. Personally, I invest 100% of my 401k in S&P500 index funds. I also max out my IRA, also 100% invested in SP500 index funds. The SP500 realizes an annual avg. of 10.5%, which means I'll be worth at least $2.5 million by retirement age. (And we learned in 2008 that the SP500 is "too big to fail," so it's the safest bet in the stock market. If it fails, it means the entire US economy has failed, and at that point, no investment would have saved me.) In the near future, I plan on opening a taxable brokerage account to invest in more SP500 index funds with any extra cash I have beyond retirement investments.

The point is that we need to be proactive in reclaiming the wealth we created. Aggeessive investing is the only way to reclaim a piece of the money pie that we rightfully deserve. Depending on politicans to magically fix the system -- to "make America great again" or whatever -- is a pipe dream that they use to gain votes.
 
American Man said:
The classic American Dream has been dead for decades. Once upon a time, a man with a high school education could work 40 hrs and support a family, buy a decent house, and drive a decent car. Back then, wealth was distributed more fairly. Now, wealth is balanced towards the upper class and the working class is left suffering; two adults need to work full-time just to support one household, while CEOs make more now than they ever have. Free-market capitalism has gutted America.

But there are ways that we working class people can reclaim some of the wealth we helped create. Personally, I invest 100% of my 401k in S&P500 index funds. I also max out my IRA, also 100% invested in SP500 index funds. The SP500 realizes an annual avg. of 10.5%, which means I'll be worth at least $2.5 million by retirement age. (And we learned in 2008 that the SP500 is "too big to fail," so it's the safest bet in the stock market. If it fails, it means the entire US economy has failed, and at that point, no investment would have saved me.) In the near future, I plan on opening a taxable brokerage account to invest in more SP500 index funds with any extra cash I have beyond retirement investments.

The point is that we need to be proactive in reclaiming the wealth we created. Aggeessive investing is the only way to reclaim a piece of the money pie that we rightfully deserve. Depending on politicans to magically fix the system -- to "make America great again" or whatever -- is a pipe dream that they use to gain votes.
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It wouldn't be bad to fight to get some more equal wealth distribution back. There are things that can be done. One step at a time.

The rules have changed since when I started out.

I'd focus on housing because that's taking 100% more of peoples' income now than when I started out. Fix that 1st.
 
American Man said:
The classic American Dream has been dead for decades. Once upon a time, a man with a high school education could work 40 hrs and support a family, buy a decent house, and drive a decent car. Back then, wealth was distributed more fairly. Now, wealth is balanced towards the upper class and the working class is left suffering; two adults need to work full-time just to support one household, while CEOs make more now than they ever have. Free-market capitalism has gutted America.

But there are ways that we working class people can reclaim some of the wealth we helped create. Personally, I invest 100% of my 401k in S&P500 index funds. I also max out my IRA, also 100% invested in SP500 index funds. The SP500 realizes an annual avg. of 10.5%, which means I'll be worth at least $2.5 million by retirement age. (And we learned in 2008 that the SP500 is "too big to fail," so it's the safest bet in the stock market. If it fails, it means the entire US economy has failed, and at that point, no investment would have saved me.) In the near future, I plan on opening a taxable brokerage account to invest in more SP500 index funds with any extra cash I have beyond retirement investments.

The point is that we need to be proactive in reclaiming the wealth we created. Aggeessive investing is the only way to reclaim a piece of the money pie that we rightfully deserve. Depending on politicans to magically fix the system -- to "make America great again" or whatever -- is a pipe dream that they use to gain votes.
Click to expand...

Who's fault is that?

It's the Democrats and Left that pushed the idea that women should enter the workforce and work just as hard as men for a paycheck.

It's Democrats and the Left that pushed the idea that you need a college education to get a decent job and that working for a living was demeaning.

It's Democrats and the Left that made skilled jobs in the trades that pay better than many college degree jobs undesirable.

I have two BS degrees and an MA, and I've made way more money working as a contractor and master electrician than I did off those degrees. Sure, they helped, but they weren't the driving force behind my success. I have sufficient wealth invested that I can get into Chase Bank's Private Client network and have a net worth of millions. It isn't anything the Left proposes as the path to success that worked for me. If anything, it was the exact opposite.
 
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