>linkity<
You have wasted too much time playing video games, and now you can
not function in real life.
Said Mom.
.
Or,
In the end, however, the phenomenon outlined in the survey boils down
to a simple problem: The baby boomers have raised kids who are unequipped
to inherit large amounts unearned wealth. The kids have been given most
of what they want since childhood and have followed their parents model
of generous spending. And the job market isn’t exactly conducive to
college grads making it on their own.
.
Gina Rinehart is a horror of a person.
Gina Rinehart is a horror of a person.
They are calling it the 'Rinehart Paradox'.
Wealthy parents aren’t raising kids to be good with wealth, so they
refuse to leave them wealth.
It's her own fault.
.
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I was referring to her greed and amorality in general, but yeah, if her kids aren't smart enough to handle money well after being raised around it, that says way more about her than it does them. She's unable to see any fault in herself, I'll wager. Sociopaths seldom do.
I imagine her kids aren't real fond of her, either.
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Bill Gates is only leaving enough for his kids to live comfortably. The bulk of his fortune has gone to the Gates Foundation, a charity organization run by his parents.
As Warren Buffett said, he wants leave his kids enough to do anything
they want, but not so much that they can do nothing.I think this is a great idea.
.
Gina is a female Rupert Murdoch - she is attempting to destroy Austalian democracy by holding a monopoly in our media.
The traits she complains about in her children are traits she displays her self. The sooner she f!#~s off to the US like Rupert the better.
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I'm available for adoption. I'm just saying.
But mostly, pity the poor rich people. Their lives are so hard.
I'm having a little trouble parsing this sentence (not really, but it is kinda funny to call them "poor rich"). ;-)
I'm available for adoption. I'm just saying.
Oh! Oh! Me too!
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Gina is a female Rupert Murdoch - she is attempting to destroy Austalian democracy by holding a monopoly in our media.
The traits she complains about in her children are traits she displays her self. The sooner she f~*%s off to the US like Rupert the better.
Um... you say that like we WANT either of them.
Um... you say that like we WANT either of them.Gina is a female Rupert Murdoch - she is attempting to destroy Austalian democracy by holding a monopoly in our media.
The traits she complains about in her children are traits she displays her self. The sooner she f~*%s off to the US like Rupert the better.
Sorry :-), I know the US has more than its quota of billionaire douchebags but the less time either of those odious toads spend in this country the better. I willing to sacrifice some goodwill of the wonderful citizens of the USA to be rid of Gina and Rupert.
Sorry :-), I know the US has more than its quota of billionaire douchebags but the less time either of those odious toads spend in this country the better. I willing to sacrifice some goodwill of the wonderful citizens of the USA to be rid of Gina and Rupert.
Well, okay, but if you send us Russell Crowe, that'll be the last straw!
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Sorry :-), I know the US has more than its quota of billionaire douchebags but the less time either of those odious toads spend in this country the better. I willing to sacrifice some goodwill of the wonderful citizens of the USA to be rid of Gina and Rupert.Well, okay, but if you send us Russell Crowe, that'll be the last straw!
Yeah, we don't need any more streetfights.
How can we find out?
Sorry :-), I know the US has more than its quota of billionaire douchebags but the less time either of those odious toads spend in this country the better. I willing to sacrifice some goodwill of the wonderful citizens of the USA to be rid of Gina and Rupert.Well, okay, but if you send us Russell Crowe, that'll be the last straw!
Rusty was born in New Zealand and Mel Gibson the US..... Can't blame us for either of them. Mel's dad makes Mel look like a boy scout.
We lend you Naiomi, Portia, Nicole, Hugh, Heath, the Hemsworths, Errol Flynn, Elle, Abby, and so on... You would be surprised how many Aussie actors are in your TV shows. :-) I think the good outweighs the bad.
Sorry :-), I know the US has more than its quota of billionaire douchebags but the less time either of those odious toads spend in this country the better. I willing to sacrifice some goodwill of the wonderful citizens of the USA to be rid of Gina and Rupert.Well, okay, but if you send us Russell Crowe, that'll be the last straw!Rusty was born in New Zealand and Mel Gibson the US..... Can't blame us for either of them. Mel's dad makes Mel look like a boy scout.
We lend you Naiomi, Portia, Nicole, Hugh, Heath, the Hemsworths, Errol Flynn, Elle, Abby, and so on... You would be surprised how many Aussie actors are in your TV shows. :-) I think the good outweighs the bad.
Just throw a funnel web spider or something at her. You guys have poisonous mammals for Pete's sake! ;)
Most wealth in the states (or anywhere really) is inherited these days.
Source?
Last time I checked, the vast majority of the wealth (in this country) was not inherited, but was being passed in huge lumps like a hot potato back and forth between major corporations/investment groups, and each time it changed hands, the recipient was declaring that it was now worth more, despite the fact that no true increase in value was earned.
It begs a question... What is the point of earning so much more money than on can sensibly spend in two or three lifetimes if one does not want to leave it to own children? It seems that the main reason for becoming a billionaire for too much of folks is preventing others from getting those money.
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I'm honest enough to admit that if I were that rich I'd probably buy a castle and do the same thing that guy in Moscow who hired Luis Royo did.
But I'd point out that it isn't pornography, because it's a fresco.
Also, murals in the hallway featuring pirates and ninjas fighting vampires and dinosaurs. I'm a responsible spender.
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I'm honest enough to admit that if I were that rich I'd probably buy a castle and do the same thing that guy in Moscow who hired Luis Royo did.
But I'd point out that it isn't pornography, because it's a fresco.
Also, murals in the hallway featuring pirates and ninjas fighting vampires and dinosaurs. I'm a responsible spender.
I support this idea. I'll even go as far as to get my billions ahead of you and build one for myself. Suc is the way of Roac the evil raven.
I'd hire Wayne Reynolds to do my ceiling.
Me 3!I'm available for adoption. I'm just saying.Oh! Oh! Me too!
Can we apply as indivisible quadruplets?
Can we apply as indivisible quadruplets?Me 3!I'm available for adoption. I'm just saying.Oh! Oh! Me too!
Well, I'm charming, humble, and devastatingly hansome. I don't know what you schlubs bring to the table. Plus I thought of it first. ;-)
**runs for the door**
It's a non-issue. Their children may be too unqualified to handle the family money, but they will have NO problem finding vult... lawyers who will fight for their right to get that money once the parents die. It's a good way to make some very rich lawyers.
It's a non-issue. Their children may be too unqualified to handle the family money, but they will have NO problem finding vult... lawyers who will fight for their right to get that money once the parents die. It's a good way to make some very rich lawyers.
And this is the reason to spend everything before dying - leaving nothing for vermin afterwards is worth it.
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Millionaries... those that generally are stuck up and think they are better than everyone else and more deserving think they're own kids aren't good enough?
Big surprise.
My opinion; if your kids aren't fit to inherent you probably weren't fit to be a parent.
My opinion; if your kids aren't fit to inherent you probably weren't fit to be a parent.
How often someone who is busy becoming a millionaire has enough time to be a decent parent?
My opinion; if your kids aren't fit to inherent you probably weren't fit to be a parent.How often someone who is busy becoming a millionaire has enough time to be a decent parent?
Be that as it may, these sorts of stories always smack of someone complaining of the incredibly poor job they did.
Maybe if they applied that 'work ethic' they claim to have to doing a proper job of raising kids instead of slacking off at it they wouldn't have anything to complain about.
Again just my opinion though, I'll tell you more about it when I've finished raising my own two kids.
I think that will be doubtful -- while I suspect I'll be fine I doubt I'm going to become a millionaire in the Army.
Lots of people have become millionaires BECAUSE OF the army, say, by selling crappy stuff to them...
It begs a question... What is the point of earning so much more money than on can sensibly spend in two or three lifetimes if one does not want to leave it to own children? It seems that the main reason for becoming a billionaire for too much of folks is preventing others from getting those money.
There is no point to it IMO. The reason is simple greed in many cases. At first, folks want to have financial security, which is of course understandable. But when their enterprises keep the money rolling in, they get greedy. Take those bankers who did play a huge part in creating a turmoil in the global financial markets - most of them were overly greedy IMO. (Somehow, the seven deadly sins have perhaps been considered thus for a reason.)
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I think the continuance of mega fortunes through inheritance is an injurious thing for an egalitarian or democratic society. It entrenches power by inheritance rather than merit, it's almost as bad as an inbred monarchy.
It's pretty much the same thing as inbred monarchy.
Have you noticed many wealthy, privately-educated people marrying outside of their own elite caste?
The only difference is that they make money from the state through business connections and taking office, while modern monarchs do it by taking a huge wage from the state in return for... well, there must be something.
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My opinion; if your kids aren't fit to inherent you probably weren't fit to be a parent.How often someone who is busy becoming a millionaire has enough time to be a decent parent?Be that as it may, these sorts of stories always smack of someone complaining of the incredibly poor job they did.
Maybe if they applied that 'work ethic' they claim to have to doing a proper job of raising kids instead of slacking off at it they wouldn't have anything to complain about.
Again just my opinion though, I'll tell you more about it when I've finished raising my own two kids.
I'm paraphrasing from The Now Show but...
The rich treat their children like they treat their money: they send it away somewhere until it comes back bigger. If it's still not good enough then they send it to Switzerland for a few years to be looked after and improved.
Maybe she should sue the businesses she paid to raise her children for her, or sue herself or do something else equally odious.
Private boarding education is probably the most corrosive element of modern childhood. It places the elite in a weird little coccoon away from the real world, fosters cold, arrogant self-confidence and creates parental relationships so warped that when these kids grow-up they think it is entirely natural for a father and a mother to send their children away and not see them for months at a time.
Also, Gina inherited the business and muchos dosh from her dad and, according to Wikipedia, she is actually trying to block her children from getting money from a trust set up by their grandfather. Classy.
Have you noticed many wealthy, privately-educated people marrying outside of their own elite caste?.
Dunno too many, I must admit, but one really does spring to mind...
HRH The Duke of Cambridge, William Windsor, Second in line to the throne of the Commonwealth of Nations.
Have you noticed many wealthy, privately-educated people marrying outside of their own elite caste?
The term "trophy wife" comes right to mind....
You know, stereotyping rich people is still stereotyping.
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Have you noticed many wealthy, privately-educated people marrying outside of their own elite caste?.Dunno too many, I must admit, but one really does spring to mind...
HRH The Duke of Cambridge, William Windsor, Second in line to the throne of the Commonwealth of Nations.
Her parents own a business worth £30 million.
She went to Marlborough College and St. Andrews.
He married within his own elite social and financial caste.
The royal family have learnt a huge amount from the debacles with Fergie and Diana, mostly they've learnt to have a more effective PR team.
You know, stereotyping rich people is still stereotyping.
Oh, those poor rich people, they reall need sticking up for, if only just one person would stand up for them as they struggle with the massive wealth, broader opportunities, superior healthcare, greater life-expectancy...
Of course not all rich people are the same, but just as you can talk about British people drinking a lot of tea (we really do) or New Zealanders' love of rugby (they really do), so you can talk about rich people marrying amongst themselves and sequestering their children in elite schools to keep them away from the plebs. Just because some Brits prefer coffee and some New Zealanders prefer golf does not mean that those trends are not huge, dominant parts of their culture.
You know, stereotyping rich people is still stereotyping.
Right. Still, ugly rich guys getting hot wives does happen (*cough* hugh hefner *cough*), so there is some truth to the stereotype.
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Her parents own a business worth £30 million.
She went to Marlborough College and St. Andrews.
He married within his own elite social and financial caste.
Technically speaking "financial caste" is a meaningless term, since caste is, by definition, a social distinction, however I'm not going to argue that point. She's from a wealthy (self-made) family, no doubt about that.
But he absolutely did not marry within his own social class, by virtue of the fact that he was made Duke of Cambridge solely because his wife-to-be (as she was at the time) could not, by British law, become a Princess, because she was not a member of the nobility, and the only way to grant her a title holding at least as much precedent as Princess was to make him a Duke. Otherwise, she would have simply been Kate Windsor, a social nobody, despite being married to the second in line to the throne.
While I will not pretend that she does not have a privileged background because of her family's wealth, prior to the wedding, in terms of caste, she was as common as muck.
Being aware that this is a divisive matter in the UK, I am a monarchist, and I believe that William (and his family) took a great step in marrying someone who was, without doubt, a commoner.
Having said all that, though, I am aware that this specific example is really a technicality, and I do agree with the general point that the wealthy marrying the wealthy (and royalty marrying royalty/nobility) is the normal trend, and one that I do not consider to be a good thing.