You're right. In most cases it's because their fathers and grandfathers and great-grandfathers did.

If you still lived in Warsaw, I would ask this question while we shared a bottle of Woodford. Why is that a problem?

You're right. In most cases it's because their fathers and grandfathers and great-grandfathers did.

Obviously you didn't read the article.

 

This list on the surface will perhaps exacerbate these concerns, but a deeper analysis instills confidence that the American dream is still very much alive. Seventy percent of the Forbes 400 members made their fortunes entirely from scratch; of the 20 newcomers who climbed into the ranks, only four inherited (including Steve Jobs’ widow, Laurene Powell Jobs, who is the richest newcomer with a net worth of $11 billion).

Each of these people’s success has a ripple effect. Consider Andrew and Peggy Cherng, the founders of restaurant chain Panda Express, who debut with a combined net worth of $2 billion. Their restaurants employ approximately 21,000 people. The gas and convenience stores owned by Tom and Judy Love, also new entrants, employ another 10,000. Other notable newcomers showing there is no shortage of ingenious ideas are Under Armour’s Kevin Plank, 5-Hour Energy’s Manoj Bhargava and Twitter’s Jack Dorsey, who gets the bulk of his fortune not from social media but from his mobile bill payment company Square.

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If you still lived in Warsaw, I would ask this question while we shared a bottle of Woodford. Why is that a problem?

 

On balance, it's not a problem. It's a problem when they want to slam the doors closed behind them and make it near impossible for anyone else to join the club, thereby making the American Dream a myth. It's a problem when their greed supersedes the interests of the country as a whole. It's a problem when their offspring is nowhere near as talented or intelligent as they are, yet those offspring still enjoy the lofty positions of wealth, power and influence they don't deserve, and do nothing to add to overall good, instead being more concerned about taking.

 

It's what gives us Mitt Romney, who is riding the coattails of his father and has shown himself to be a fairly low-watt bulb. It's what gives us George W. Bush, who rode the coattails of his father and grandfather, another low-watt bulb.

Actually, neither has been shown to be a "low-watt bulb" but we're used to this typical labeling by now. SOP for 40 years that I've noticed.

 

How about addressing the article talking about all the jobs these people have generated? Looks like two of them alone created the ideas that put 31,000 into jobs. Not bad in this economy, is it?

Actually, neither has been shown to be a "low-watt bulb" but we're used to this typical labeling by now. SOP for 40 years that I've noticed.

 

How about addressing the article talking about all the jobs these people have generated? Looks like two of them alone created the ideas that put 31,000 into jobs. Not bad in this economy, is it?

 

GWB is better known for running businesses poorly, and his term as President only reinforces that past history, and Romney seems to be better known for killing jobs than creating them.

 

Again, neither of these two guys is anywhere in life if it weren't for being born on third. Thing is, they both think they hit a triple, when all they did is win the birth lottery.

GWB is better known for running businesses poorly, and his term as President only reinforces that past history, and Romney seems to be better known for killing jobs than creating them.

 

Again, neither of these two guys is anywhere in life if it weren't for being born on third. Thing is, they both think they hit a triple, when all they did is win the birth lottery.

 

I don't disagree, but numerous politicians have gained influence/position based primarily on name.

Man...I guess I'm the only one who got any fun out of the list. :lol: That's me, though. :lol: I'm a person of Wal-mart purchasing my Mars Bar, while wearing my sweet new Nikes.

GWB is better known for running businesses poorly, and his term as President only reinforces that past history, and Romney seems to be better known for killing jobs than creating them.

 

Again, neither of these two guys is anywhere in life if it weren't for being born on third. Thing is, they both think they hit a triple, when all they did is win the birth lottery.

 

That's Jimspeak for "I can't address the question so I'll just make a statement, no matter how silly it is". You want to address the thousands of jobs the people on the list created or you want to keep spewing the Democrat talking points? Like I said, they get old after 40 years of hearing them. Only the names change.

Man...I guess I'm the only one who got any fun out of the list. :lol: That's me, though. :lol: I'm a person of Wal-mart purchasing my Mars Bar, while wearing my sweet new Nikes.

 

That's because rather than celebrating a person's success, some would rather let their envy get the best of them.

That's Jimspeak for "I can't address the question so I'll just make a statement, no matter how silly it is". You want to address the thousands of jobs the people on the list created or you want to keep spewing the Democrat talking points? Like I said, they get old after 40 years of hearing them. Only the names change.

 

Sorry, but I don't get that daily marching orders e-mail from the Dems like you do with the GOP. Besides, I changed my registration a few years ago.

 

Tell me again, though, how many jobs Mitt Romney has created? Even he admits he enjoys firing people. Democrats don't have it right, but the GOP isn't exactly coming up with any silver bullets to kill our country's current werewolf-sized problems, and I'm far more scared of their "solutions" than the Dems.

On balance, it's not a problem. It's a problem when they want to slam the doors closed behind them and make it near impossible for anyone else to join the club, thereby making the American Dream a myth. It's a problem when their greed supersedes the interests of the country as a whole. It's a problem when their offspring is nowhere near as talented or intelligent as they are, yet those offspring still enjoy the lofty positions of wealth, power and influence they don't deserve, and do nothing to add to overall good, instead being more concerned about taking.

 

It's what gives us Mitt Romney, who is riding the coattails of his father and has shown himself to be a fairly low-watt bulb. It's what gives us George W. Bush, who rode the coattails of his father and grandfather, another low-watt bulb.

 

Read his BIO and tell me how he road the Coat tails of his father? The only advantage he had was that they could afford to send him to college and Grad School anywhere that he wanted. He wasn't born a Blue-Blood that lived on a Trust fund. Calling a "DIM Bulb" shows what little you know or at least open your eyes and ears to. He was highly recruited by many management firms. To put it in sports terms, he was drafted in the first round.

 

But you can keep hating and blaming if it makes you feel better about your own shortcomings, but at least make an effort to be accurate in how you portray people. It's easy to try to simply continue the Liberal myth that all of the GOP politicians are Trust Fund know-nothings who lucked into their positions by birth. It simply isn't true.

I just never understood why wealth derived from capital gains is taxed at a lower rate than wealth derived from, for lack of a better phrase, working as opposed to having someone shuffle your money around.

 

Why would you risk investing your money in something where if you lose, you get none of it back, and if the investment works out, you get initial investment plus two thirds of it.

 

 

That's not good economic policy. I pray you see how that wouldn't be appealing to people.

Edited October 12, 201214 yr by marvel

Jim, you talk about the American Dream becoming a myth and act as if you're sad because its no longer reachable, yet once someone makes the American dream happen, you want to tax them half their wealth and then say they didn't earn it.

Jim, you talk about the American Dream becoming a myth and act as if you're sad because its no longer reachable, yet once someone makes the American dream happen, you want to tax them half their wealth and then say they didn't earn it.

 

All I'm saying is those who have made it are doing everything in their power to slam the door behind them.

Jim, you talk about the American Dream becoming a myth and act as if you're sad because its no longer reachable, yet once someone makes the American dream happen, you want to tax them half their wealth and then say they didn't earn it.

 

Who again are we talking about that made the dream happen?? MR or GWB? Neither one of them rose up the socio-economic ladder to live differently than their parents. Is the American dream now simply being born wealthy and finding a way to stay there?