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alberchico
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Number Of Millionares Growing!

Thu May 26, 2005 3:02 am

http://money.cnn.com/2005/05/25/pf/r...ord_millionaires/index.htm?cnn=yes


it means that Bush's plan for economic growth is indeed working,or is it ?
short summary of every jewish holiday: they tried to kill us ,we won , lets eat !
 
theCoz
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RE: Number Of Millionares Growing!

Thu May 26, 2005 3:07 am

I think it's great that there are so many more millionaires. However, I'd like to see the latest numbers on the nation's poor as well. I'll bet those numbers have increased dramatically as well.
 
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alberchico
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RE: Number Of Millionares Growing!

Thu May 26, 2005 3:09 am

But is Bush primarily responsible for this or is it a fluke in the economy. And how the hell is he going to solve the problem of the falling dollar against the euro?
short summary of every jewish holiday: they tried to kill us ,we won , lets eat !
 
theCoz
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RE: Number Of Millionares Growing!

Thu May 26, 2005 3:12 am

Quoting Alberchico (Reply 2):
But is Bush primarily responsible for this or is it a fluke in the economy.

I'd give credit to the Republicans in general, not just Bush.
 
Greyhound
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RE: Number Of Millionares Growing!

Thu May 26, 2005 3:16 am

Quoting TheCoz (Reply 1):
However, I'd like to see the latest numbers on the nation's poor as well. I'll bet those numbers have increased dramatically as well.

 Smile I knew there was a reason I had you on my R.U. list. Goodie for the people with alot of money. I don't begrudge someone of being successful (legally). But true enough, for every new millionaire, how many people go bankrupt/lose their homes/are forced to go on welfare?
29th, Let's Go!
 
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alberchico
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RE: Number Of Millionares Growing!

Thu May 26, 2005 3:18 am

It is speculated that the rapidly falling dollar will seriously hurt Americans in the long run. Do you think this is true?
short summary of every jewish holiday: they tried to kill us ,we won , lets eat !
 
Superfly
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RE: Number Of Millionares Growing!

Thu May 26, 2005 3:21 am

...and the number of those working without health insurance is growing. The number of those falling below the poverty line is growing at a faster pace than there are millionaires.
Bring back the Concorde
 
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alberchico
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RE: Number Of Millionares Growing!

Thu May 26, 2005 3:22 am

''The number of those falling below the poverty line is growing at a faster pace than there are millionaires.''

do you have any exact figures?
short summary of every jewish holiday: they tried to kill us ,we won , lets eat !
 
Superfly
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RE: Number Of Millionares Growing!

Thu May 26, 2005 3:24 am

Alberchico:
Sure I'll get them for you.  Smile
Bring back the Concorde
 
ConcordeBoy
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RE: Number Of Millionares Growing!

Thu May 26, 2005 3:29 am

Quoting Greyhound (Reply 4):
But true enough, for every new millionaire, how many people go bankrupt/lose their homes/are forced to go on welfare?

...or even better: how many truly give a damn about these people regardless?
Faire du ciel le plus bel endroit de la terre c'est impossible sans Concorde!
 
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alberchico
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RE: Number Of Millionares Growing!

Thu May 26, 2005 3:30 am

''...or even better: how many truly give a damn about these people regardless?''

That attitude exsists all around the world. Greed is a basic part of human nature
short summary of every jewish holiday: they tried to kill us ,we won , lets eat !
 
theCoz
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RE: Number Of Millionares Growing!

Thu May 26, 2005 3:37 am

Quoting Superfly (Reply 8):
Alberchico:
Sure I'll get them for you.

Yes. I'd really like to see those figures as well. Thanks, Superfly.
 
SlamClick
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RE: Number Of Millionares Growing!

Thu May 26, 2005 3:40 am

"Millionaire" is a word with no real meaning anymore.

If you plan to retire (ever) other than from a Government job, you had better have a net worth exceeding a million dollars. Frankly it is just not that much money anymore. The word was popularized when that was a stupefying amount of money and it referred to Rockefeller, Carnegie et al. Today there are cars that cost that much. The median house in the US is a third of that figure, meaning that there are as many houses that cost more than 1/3 mil as there are costing less. When Michael Schumacher makes more than a million dollars for a single race, you should not be much impressed with the word.
Happiness is not seeing another trite Ste. Maarten photo all week long.
 
theCoz
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RE: Number Of Millionares Growing!

Thu May 26, 2005 3:46 am

Quoting SlamClick (Reply 12):
Frankly it is just not that much money anymore

When it comes to looking at my bank account, that's a ton of money!  Wink

Quoting Greyhound (Reply 4):
I knew there was a reason I had you on my R.U. list. Goodie for the people with alot of money. I don't begrudge someone of being successful (legally). But true enough, for every new millionaire, how many people go bankrupt/lose their homes/are forced to go on welfare?

Thanks Greyhound  Smile
 
ConcordeBoy
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RE: Number Of Millionares Growing!

Thu May 26, 2005 10:31 am

Quoting Alberchico (Reply 10):
That attitude exsists all around the world. Greed is a basic part of human nature

My point exactly.

It's always been that way, it's never gong to change.... ergo why waste your time worrying over what you cannot influence on any significant scale whatsoever?



----------
Keep in mind that I'm not advocating the halt of personal charity work in any way/fashion, but rather lamenting those who actually believe any action on a personal or governmental level is going to somehow end poverty/hunger to any tangible degree nation/worldwide.
Faire du ciel le plus bel endroit de la terre c'est impossible sans Concorde!
 
flybyguy
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RE: Number Of Millionares Growing!

Thu May 26, 2005 11:11 am

It's probably inflation... the face value cost of living is probably 2X what it used to be in the 70s and 80s.
"Are you a pretender... or a thoroughbred?!" - Professor Matt Miller
 
MD-90
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RE: Number Of Millionares Growing!

Thu May 26, 2005 11:12 am

Of course the number of millionaires are growing! While the American economy hasn't been growing by very much, inflation has been running rampant thanks to irresponsible fiscal policy by the federal government.

Quoting SlamClick (Reply 12):

If you plan to retire (ever) other than from a Government job, you had better have a net worth exceeding a million dollars

Around here, you can retire quite comfortably on $50,000/yr income from your $1M. Of course, I'm aware that most of the population lives in higher cost areas.
 
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alberchico
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RE: Number Of Millionares Growing!

Thu May 26, 2005 12:42 pm

'' ergo why waste your time worrying over what you cannot influence on any significant scale whatsoever?'''


This is why I don't join Greenpeace or do any kind of crazy anti-globalization protests or flag-burning ...they are completely pointless . They are fighting something that will NEVER cease.
This is also why I don't work myself up so much about Bush. I just trust that he will do what's best for this country and if I can benefit a little from it then so be it  smile 


Sometimes you have to trust without questioning...........
short summary of every jewish holiday: they tried to kill us ,we won , lets eat !
 
Falcon84
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RE: Number Of Millionares Growing!

Thu May 26, 2005 12:46 pm

The gap between the richest and poorest Americans is growing.

So while millionaires are growing, so is the number of those in poverty, and that bottom group is growing fast.

Remember, it's the party "Of The Rich, by the rich, for the rich", which is in office now.  Smile
Work Right, Fly Hard
 
texdravid
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RE: Number Of Millionares Growing!

Thu May 26, 2005 12:49 pm

Quoting Falcon84 (Reply 18):
The gap between the richest and poorest Americans is growing.

So while millionaires are growing, so is the number of those in poverty, and that bottom group is growing fast.

Remember, it's the party "Of The Rich, by the rich, for the rich", which is in office now

Sorry, Kerry, you lost the election. What a tired harangue you just spoke.
As if every one in poverty is there because of the heartless Bush!

Get a life!
Tort reform now. Throw lawyers in jail later.
 
Falcon84
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RE: Number Of Millionares Growing!

Thu May 26, 2005 12:50 pm

Didn't say that, Tex. Wasn't blaming everything on Bush, but the fact remains that the gap between rich and poor has exploded since this guy has been in office. Don't read more into it than that.

A few get rich, a lot more get poorer.
Work Right, Fly Hard
 
Airlinerfreak
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RE: Number Of Millionares Growing!

Thu May 26, 2005 12:55 pm

Quoting Alberchico (Thread starter):
it means that Bush's plan for economic growth is indeed working,or is it ?

No the value of the Dollar is just going down so having a million does not mean as much anymore.
 
MD-90
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RE: Number Of Millionares Growing!

Thu May 26, 2005 4:06 pm

Quoting Falcon84 (Reply 18):
The gap between the richest and poorest Americans is growing.

Waah, waah, waah...that's an old and inaccurate cliche.

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