America's Richest Families: 185 Clans With Over a Billion Dollar Fortunes


Off-Topic Discussions


.

Does that add up to $185 Billion dollars?

list = It's like a scoreboard

I was hoping for more arms dealers and drug dealers; but they all seem
legit. (“You never touch the principal. And you try to spend 1% of your
income that comes in. There are always surprises. Always emergencies.
Always charities. Trust me, you end up spending 20% of your income.”)

.

The Exchange

And the jealous will be here any moment to cry that they have too much and deserve to be robed of it


I am up for wealth redistribution....


I could use a mere 1/2 million dollars myself...


Huh. So, unless I am mistaken, at least two of the top 15 families (Johnson and DuPont) have recently had heirs sent to prison for raping their own children.


I was also composing a list of how many of those families benefit from farm bills and big sugar handouts and welfare subsidization of their employees, but I hit the wrong button and it all disappeared, so I'm just left with the kiddie raping.

Actually, IIRC, the Koch Brothers helped fund and set up the Democratic Leadership Council, and that's gotta deserve total asset expropriation if anything does.

Liberty's Edge

Comrade Anklebiter wrote:

Huh. So, unless I am mistaken, at least two of the top 15 families (Johnson and DuPont) have recently had heirs sent to prison for raping their own children.

I don't have the links handy, but I thought that the DuPont heir got probation only? The judgement said something about actual prison making the rich person feel bad , so probation was appropriate?

But maybe R is correct, and we shouldn't talk about this, because at least these child rapers are not poor people.


Usagi Yojimbo wrote:
Comrade Anklebiter wrote:

Huh. So, unless I am mistaken, at least two of the top 15 families (Johnson and DuPont) have recently had heirs sent to prison for raping their own children.

I don't have the links handy, but I thought that the DuPont heir got probation only? The judgement said something about actual prison making the rich person feel bad , so probation was appropriate?

Affluenza strikes again! You may be right, I remember it being pretty outrageous. The Johnson heir received four months for repeatedly sexually assaulting his teenaged stepdaughter, so, I guess I was wrong. That wasn't his own child.


?!? The DuPont dude was convicted back in 2009, it was never sealed but the ruling wasn't noticed until March of 2014?!?

Man, Fitzgerald was right. The rich are different!

Liberty's Edge

Comrade Anklebiter wrote:

?!? The DuPont dude was convicted back in 2009, it was never sealed but the ruling wasn't noticed until March of 2014?!?

Man, Fitzgerald was right. The rich are different!

Yep, that's the one. He 'would not fare well' in prison, so all eight years were suspended.

Must be nice.


Usagi Yojimbo wrote:
Comrade Anklebiter wrote:

?!? The DuPont dude was convicted back in 2009, it was never sealed but the ruling wasn't noticed until March of 2014?!?

Man, Fitzgerald was right. The rich are different!

Yep, that's the one. He 'would not fare well' in prison, so all eight years were suspended.

Must be nice.

Wow, that's awesome. I have got to get in on this being rich enough to ruin a judge's homelife deal. Or write their election campaign checks by myself. Or both...


1 person marked this as a favorite.
Usagi Yojimbo wrote:
Comrade Anklebiter wrote:

?!? The DuPont dude was convicted back in 2009, it was never sealed but the ruling wasn't noticed until March of 2014?!?

Man, Fitzgerald was right. The rich are different!

Yep, that's the one. He 'would not fare well' in prison, so all eight years were suspended.

Must be nice.

I don't think that any child rapists fare well in prison.


Funny they don't list a source for the Kennedy money. I guess putting down illegal liquor sales would not be PC.

Liberty's Edge

Vod Canockers wrote:
Usagi Yojimbo wrote:
Comrade Anklebiter wrote:

?!? The DuPont dude was convicted back in 2009, it was never sealed but the ruling wasn't noticed until March of 2014?!?

Man, Fitzgerald was right. The rich are different!

Yep, that's the one. He 'would not fare well' in prison, so all eight years were suspended.

Must be nice.

I don't think that any child rapists fare well in prison.

A) it's not usually used as an excuse to let them get away with it

B) I'm told that is over-stated: prisoners are not Nobly Dispensing Justice as much as we like to think. It turns out that many career criminals are not nice people!

The Exchange

Comrade Anklebiter wrote:

I was also composing a list of how many of those families benefit from farm bills and big sugar handouts and welfare subsidization of their employees, but I hit the wrong button and it all disappeared, so I'm just left with the kiddie raping.

Actually, IIRC, the Koch Brothers helped fund and set up the Democratic Leadership Council, and that's gotta deserve total asset expropriation if anything does.

Thats ok even without a list we know it is wrong for them to be abusing the system. One of my complaints about the min wage and welfare system is that they are used hand in hand to create a subsistence worker class funded by the taxpayers to maximize corporate profits. As long as they get junkfood, cable tv and cell phones most are happy to remain oblivious to how they are used.

The Exchange

Vod Canockers wrote:
Funny they don't list a source for the Kennedy money. I guess putting down illegal liquor sales would not be PC.

these things tend to be politically motivated. Rich democrats are never the problem.


Andrew R wrote:
Vod Canockers wrote:
Funny they don't list a source for the Kennedy money. I guess putting down illegal liquor sales would not be PC.
these things tend to be politically motivated. Rich democrats are never the problem.

Illegal liquor sales are a world away different from forcing oneself upon a child. And rich republicans are the salt of the earth!


Freehold DM wrote:
Andrew R wrote:
Vod Canockers wrote:
Funny they don't list a source for the Kennedy money. I guess putting down illegal liquor sales would not be PC.
these things tend to be politically motivated. Rich democrats are never the problem.
Illegal liquor sales are a world away different from forcing oneself upon a child. And rich republicans are the salt of the earth!

Though if you click through to the bio, it does mention insider trading, before getting appointed to the SEC. :)

Every great fortune is founded on crime.

We're also talking generations and 90+ years ago now. What they've done with the money since then matters more to me.

I was surprised the Kennedy's were so far down the list: tied for 179th.


Andrew R wrote:
Vod Canockers wrote:
Funny they don't list a source for the Kennedy money. I guess putting down illegal liquor sales would not be PC.
these things tend to be politically motivated. Rich democrats are never the problem.

Huh. I didn't realize Forbes, the Capitalist's Tool was a partisan Democrat rag.


Andrew R wrote:
Comrade Anklebiter wrote:

I was also composing a list of how many of those families benefit from farm bills and big sugar handouts and welfare subsidization of their employees, but I hit the wrong button and it all disappeared, so I'm just left with the kiddie raping.

Actually, IIRC, the Koch Brothers helped fund and set up the Democratic Leadership Council, and that's gotta deserve total asset expropriation if anything does.

Thats ok even without a list we know it is wrong for them to be abusing the system. One of my complaints about the min wage and welfare system is that they are used hand in hand to create a subsistence worker class funded by the taxpayers to maximize corporate profits. As long as they get junkfood, cable tv and cell phones most are happy to remain oblivious to how they are used.

So, if one of these families, let's just say the Waltons, were to benefit substantially from "abusing the system,"--and granted, that might be disputed, but let's go with it for now--might that indicate, in your opinion, that they might "have too much and deserve to be robed of it"?


Comrade Anklebiter wrote:
Andrew R wrote:
Vod Canockers wrote:
Funny they don't list a source for the Kennedy money. I guess putting down illegal liquor sales would not be PC.
these things tend to be politically motivated. Rich democrats are never the problem.
Huh. I didn't realize Forbes, the Capitalist's Tool was a partisan Democrat rag.

.

But it's ripe with journalists and writer types, what did you expect?
I mean, people who become writers can not do Finance for high stakes and big money.
They can only do what they're told -- Get Back To Work !!

Ah.. hahahah...

.


Did your family make the list, Citizen Magus?

Liberty's Edge

Comrade Anklebiter wrote:
Andrew R wrote:
Vod Canockers wrote:
Funny they don't list a source for the Kennedy money. I guess putting down illegal liquor sales would not be PC.
these things tend to be politically motivated. Rich democrats are never the problem.
Huh. I didn't realize Forbes, the Capitalist's Tool was a partisan Democrat rag.

Dude, you hit the button and the partisan attack comes out. Did you expect there to be a break in there for thinking?

On the other hand, it was posted by a dirty, dirty, commie who (allegedly) Does It In The Street...


I haven't done it in the street in longer than I care to admit, it's true. But I do shower regularly. Twice a day, these past few weeks.


thejeff wrote:
Freehold DM wrote:
Andrew R wrote:
Vod Canockers wrote:
Funny they don't list a source for the Kennedy money. I guess putting down illegal liquor sales would not be PC.
these things tend to be politically motivated. Rich democrats are never the problem.
Illegal liquor sales are a world away different from forcing oneself upon a child. And rich republicans are the salt of the earth!

Though if you click through to the bio, it does mention insider trading, before getting appointed to the SEC. :)

Every great fortune is founded on crime.

We're also talking generations and 90+ years ago now. What they've done with the money since then matters more to me.

I was surprised the Kennedy's were so far down the list: tied for 179th.

Uh, you do realize that Teddy Kennedy, he died 5 years ago, was the son of Joe Kennedy the bootlegger (amongst other things). That is ONE generation. Some of these families go back 150 and many generations.


Vod Canockers wrote:
thejeff wrote:
Freehold DM wrote:
Andrew R wrote:
Vod Canockers wrote:
Funny they don't list a source for the Kennedy money. I guess putting down illegal liquor sales would not be PC.
these things tend to be politically motivated. Rich democrats are never the problem.
Illegal liquor sales are a world away different from forcing oneself upon a child. And rich republicans are the salt of the earth!

Though if you click through to the bio, it does mention insider trading, before getting appointed to the SEC. :)

Every great fortune is founded on crime.

We're also talking generations and 90+ years ago now. What they've done with the money since then matters more to me.

I was surprised the Kennedy's were so far down the list: tied for 179th.

Uh, you do realize that Teddy Kennedy, he died 5 years ago, was the son of Joe Kennedy the bootlegger (amongst other things). That is ONE generation. Some of these families go back 150 and many generations.

Joe Kennedy the bootlegger is a rumour with little to back it up. His family was in the liquor business before Prohibition and he went back into it when it was repealed.

Personally, I find the stock manipulation more of a problem. But bootlegging sounds more damaging.


Hey AndrewR this is what the Rich think of us.

"“I believe that any couple making less than $100,000 a year should be forcibly sterilized through a vasectomy or fallopian tubal ligation. Those earning more than $100,000 a year should be encouraged to have as many as 10 or 12 children.
“Only by eliminating waste and focusing on our brightest, most efficient workers can we hope to see off our rivals in the emerging world.”

---Gina Rinehartt

The Exchange

Freehold DM wrote:
Andrew R wrote:
Vod Canockers wrote:
Funny they don't list a source for the Kennedy money. I guess putting down illegal liquor sales would not be PC.
these things tend to be politically motivated. Rich democrats are never the problem.
Illegal liquor sales are a world away different from forcing oneself upon a child. And rich republicans are the salt of the earth!

Ted murdered when drunk driving, sure not a child abuser but that clan has issues

The Exchange

Comrade Anklebiter wrote:
Andrew R wrote:
Comrade Anklebiter wrote:

I was also composing a list of how many of those families benefit from farm bills and big sugar handouts and welfare subsidization of their employees, but I hit the wrong button and it all disappeared, so I'm just left with the kiddie raping.

Actually, IIRC, the Koch Brothers helped fund and set up the Democratic Leadership Council, and that's gotta deserve total asset expropriation if anything does.

Thats ok even without a list we know it is wrong for them to be abusing the system. One of my complaints about the min wage and welfare system is that they are used hand in hand to create a subsistence worker class funded by the taxpayers to maximize corporate profits. As long as they get junkfood, cable tv and cell phones most are happy to remain oblivious to how they are used.
So, if one of these families, let's just say the Waltons, were to benefit substantially from "abusing the system,"--and granted, that might be disputed, but let's go with it for now--might that indicate, in your opinion, that they might "have too much and deserve to be robed of it"?

No but policies need to be fixed and if they broke any laws they need to be punished


Musical interlude Read about it - Midnight Oil.


Andrew R wrote:
And the jealous will be here any moment to cry that they have too much and deserve to be robed of it

I am not in support of robing (or disrobing) anyone.


Hey, I have a fool-proof plan plan for eliminating the whole inequality debate!

1. Eliminate the capital gains tax.
2. Institute a 100% estate/expatriation tax.

No more unproductive rich. Problem solved.


bugleyman wrote:

Hey, I have a fool-proof plan plan for eliminating the whole inequality debate!

1. Eliminate the capital gains tax.
2. Institute a 100% estate/expatriation tax.

No more unproductive rich. Problem solved.

Why eliminate the capital gains tax? Doesn't that just encourage more financial gambling?

Or do you mean eliminate the separate treatment of capital gains and tax it as regular income? That would make more sense.

And there should at least be some level of exemption on estate tax. The truly rich can just start foundations and trust funds instead anyway.


The 8th Dwarf wrote:

Hey AndrewR this is what the Rich think of us.

"“I believe that any couple making less than $100,000 a year should be forcibly sterilized through a vasectomy or fallopian tubal ligation. Those earning more than $100,000 a year should be encouraged to have as many as 10 or 12 children.
“Only by eliminating waste and focusing on our brightest, most efficient workers can we hope to see off our rivals in the emerging world.”

---Gina Rinehartt

Yup. Because the Rich are actually a hive mind that encompasses everyone who makes more than a million dollars per year, and It has chosen this one Australian ratbag to speak for It.

All hail Gina Rinehartt, Voice of the £egion.


bugleyman wrote:

Hey, I have a fool-proof plan plan for eliminating the whole inequality debate!

1. Eliminate the capital gains tax.
2. Institute a 100% estate/expatriation tax.

No more unproductive rich. Problem solved.

Yep, and when the young children that lose their parents in a tragic accident find themselves destitute, because the government siezes everything their parents owned, and the insurance they have to support their children should something happen. What then?

Or family farms? Small businesses? Family homes? Heirlooms? Family pictures, Bibles, great-great grandpa's sword from the Civil War? The Government gets all that?


thejeff wrote:

Why eliminate the capital gains tax? Doesn't that just encourage more financial gambling?

Or do you mean eliminate the separate treatment of capital gains and tax it as regular income? That would make more sense.

And there should at least be some level of exemption on estate tax. The truly rich can just start foundations and trust funds instead anyway.

I was basically being a smart-ass by offering to concede the just world fallacy if we could agree to eliminate inheritance. :P


bugleyman wrote:
thejeff wrote:

Why eliminate the capital gains tax? Doesn't that just encourage more financial gambling?

Or do you mean eliminate the separate treatment of capital gains and tax it as regular income? That would make more sense.

And there should at least be some level of exemption on estate tax. The truly rich can just start foundations and trust funds instead anyway.

I was basically being a smart-ass by offering to concede the just world fallacy if we could agree to eliminate inheritance. :P

Fair enough.

The Exchange

Vod Canockers wrote:
bugleyman wrote:

Hey, I have a fool-proof plan plan for eliminating the whole inequality debate!

1. Eliminate the capital gains tax.
2. Institute a 100% estate/expatriation tax.

No more unproductive rich. Problem solved.

Yep, and when the young children that lose their parents in a tragic accident find themselves destitute, because the government siezes everything their parents owned, and the insurance they have to support their children should something happen. What then?

Or family farms? Small businesses? Family homes? Heirlooms? Family pictures, Bibles, great-great grandpa's sword from the Civil War? The Government gets all that?

farmers already almost lose the farm at every step


Pathfinder Lost Omens, Rulebook Subscriber

What are you talking about, farmers are an incredibly powerful portion of the american economy. Are you substituting truthiness for reality again?


Squeakmaan wrote:
What are you talking about, farmers are an incredibly powerful portion of the american economy. Are you substituting truthiness for reality again?

Agribusiness is an incredibly powerful part of the American economy. Farmers are generally on the brink of bankruptcy.


Pathfinder Lost Omens, Rulebook Subscriber

Um, I'd like to see some statistics on that, because I have seen no evidence of such a thing.

The Exchange

Squeakmaan wrote:
Um, I'd like to see some statistics on that, because I have seen no evidence of such a thing.

Im guessing you never met an old school farmer


That should probably be edited to say "family farmers." That is the guy that actually owns the few hundred acres of land that he farms, as opposed to the giant corporate owned farms.

I just found this little statistic and another incredibly misleading one.

Quote:

USDA breaks down the number of farms based on gross annual sales:

10 percent of farms have gross sales of more than $250,000 and produce 80 percent of the country’s food and fiber.
30 percent have gross sales between $10,000 and $249,000 and produce 18 percent of U.S. food and fiber but are often not full-time farmers.
60 percent have gross sales under $10,000 and produce less than 2 percent of food and fiber.

- See more at: http://findourcommonground.com/food-facts/corporate-farms/#sthash.MNOG7p9m. dpuf

The same site says that 92% of the 2.2 million farms are family owned.

This page is handy

Around half of those 2.2 million farms are owned by either retired people, or people that have a different primary job. Roughly 350,000 family owned, primary income, farms have annual sales under $10k a year and another 150,000 have annual sales between $10-50k. (Those should be net sales.)


The One Percent

"The One Percent is a 2006 documentary about the growing wealth gap between America's wealthy elite compared to the overall citizenry. It was created by Jamie Johnson, an heir to the Johnson & Johnson fortune, and produced by Jamie Johnson and Nick Kurzon. The film's title refers to the top one percent of Americans in terms of wealth, who controlled 42.2 percent of total financial wealth in 2004."

I wonder if the kiddie rapist's in it.


Monsanto doesn't own the farms. That would be expensive, subject them to liability, and create lots of side issues for them. Instead, they push government regulation that allows them to own the seeds the develop and put in place contracts that keep the farmers in debt to them so that they perpetually own the output of those farms.

Why buy the cow when you can charge it for producing milk?


Pathfinder Lost Omens, Rulebook Subscriber

Monsanto owns seed rights, they didn't invent that you know, not saving seeds has been a very common thing since hybridized crops have been around. I know quite a few local farmers who plant GM crops, they do so because it increases their profits, no other reason, if they didn't they would just go to another supplier.

Edited: This is somewhat far afield of the original topic, but i would not mind discussing it further in a separate thread.


Squeakmaan wrote:

Monsanto owns seed rights, they didn't invent that you know, not saving seeds has been a very common thing since hybridized crops have been around. I know quite a few local farmers who plant GM crops, they do so because it increases their profits, no other reason, if they didn't they would just go to another supplier.

Edited: This is somewhat far afield of the original topic, but i would not mind discussing it further in a separate thread.

You might want to check on some of Monsanto's business practices. Such as suing a farmer because pollen from another farm blew over his farm, or selling seeds in South America at a much lower price than charged in the US. Suing farmers for violating contracts that the farmers never signed. And so on.

The Exchange

Squeakmaan wrote:

Monsanto owns seed rights, they didn't invent that you know, not saving seeds has been a very common thing since hybridized crops have been around. I know quite a few local farmers who plant GM crops, they do so because it increases their profits, no other reason, if they didn't they would just go to another supplier.

Edited: This is somewhat far afield of the original topic, but i would not mind discussing it further in a separate thread.

Monsanto is a monster, almost everyone i know goes to heritage lines whenever they can


Pathfinder Lost Omens, Rulebook Subscriber

I'm not saying they're awesome, but the guy who got sued did a lot more than just have some pollen blow into his crops. He deliberately selected for the the pesticide resistance and began planting crops that carried that gene and sold them.

Edit: Again, this is pretty far off of the original topic, so maybe if we want to discuss it further it could get it's own thread.


bugleyman wrote:

Hey, I have a fool-proof plan plan for eliminating the whole inequality debate!

1. Eliminate the capital gains tax.
2. Institute a 100% estate/expatriation tax.

No more unproductive rich. Problem solved.

.

Let's just vote to get rid of all money. Voting and having the government do things for us is good.

.

Community / Forums / Gamer Life / Off-Topic Discussions / America's Richest Families: 185 Clans With Over a Billion Dollar Fortunes All Messageboards

Want to post a reply? Sign in.
Recent threads in Off-Topic Discussions