Submitted by Mycroft on February 22, 2008 - 07:53.
Many of you missed the closing bit on who paid for the beer. Through it all, the tenth man paid more than half of the total bill. He got a proportionate share of the price break and was still proportionately paying the majority of the bill.
If you think that a poor person will use a windfall to do something responsible, then you have not spent much time living in a poor neighborhood. I have. Let me enlighten you as to the primary behavior pattern of poor people. The majority of poor people are selfish and short sighted as well as ignorant and stupid. The poor resent anything that comes in the way of the immediate, personal gratification of any thing they want. Those that are not these things, don't stay poor. How else do you think the payday advance and rent to own leeches stay in business?
As for buying a "paper" investment that has no benefit for any of the downtrodden masses, you haven't stopped to consider where the payment for that paper went. What did the seller do with that money, and if he invested in yet another piece of paper, what did that seller do with their money? That money goes round and round through the economy in many ways, it does not cease to exist with the first purchase!
Do I have paper investments? Yes I do. I was paid for some of my labor in the form of stock. This stock is now part of a retirement fund that I will use to buy goods and services when I am retired.
Learn some economics. Preferably not from a college professor who demonstrates radical leanings to the left or the right. Those kind of people have always spelled trouble at any time for any group of people that listens to them.
1
Simple but correct.
Submitted by Mycroft on February 22, 2008 - 07:53.
Many of you missed the closing bit on who paid for the beer. Through it all, the tenth man paid more than half of the total bill. He got a proportionate share of the price break and was still proportionately paying the majority of the bill.
If you think that a poor person will use a windfall to do something responsible, then you have not spent much time living in a poor neighborhood. I have. Let me enlighten you as to the primary behavior pattern of poor people. The majority of poor people are selfish and short sighted as well as ignorant and stupid. The poor resent anything that comes in the way of the immediate, personal gratification of any thing they want. Those that are not these things, don't stay poor. How else do you think the payday advance and rent to own leeches stay in business?
As for buying a "paper" investment that has no benefit for any of the downtrodden masses, you haven't stopped to consider where the payment for that paper went. What did the seller do with that money, and if he invested in yet another piece of paper, what did that seller do with their money? That money goes round and round through the economy in many ways, it does not cease to exist with the first purchase!
Do I have paper investments? Yes I do. I was paid for some of my labor in the form of stock. This stock is now part of a retirement fund that I will use to buy goods and services when I am retired.
Learn some economics. Preferably not from a college professor who demonstrates radical leanings to the left or the right. Those kind of people have always spelled trouble at any time for any group of people that listens to them.