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FIND YOUR DREAM HOME OR APARTMENT
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I'm not quite sure when the attitude of getting rich in America changed to, "attain as much wealth as you can even if that means the next 5 generations of your family could not spend that wealth in their lifetimes". Somewhere along the way it became a quest by many Americans to get on the millionaires list, then the $10 millionaires list, then the $100 millionaire list and so on...
If you've read books like "Richistan" or "Plutocrats, The Rise of the New Global Super Rich and the Fall of Everyone Else", then you will see that there is a class of individuals that are only interested in attaining more for the sake of just being able to say that they have more than some other extremely wealthy individual. I'm not saying all in this class behave this way but it is definitely more pervasive in our society today.
It seemed to me that the wealthy in America from previous generations felt an obligation to use their wealth to make America an economically stronger nation rather than to boast about making it onto the latest Forbes billionaire list. We've also become a nation that celebrates those who have made billions regardless of how good a Corporate citizen those individuals have become. And then we hear from many of those who have attained such wealth that those who are struggling in America are lazy and entitled. If you are using your wealth and influence to keep the rules in your industry to benefit your Company even if that is not what is best for your industry then you are no better than those you accuse of being lazy and looking for Government handouts. You are using the Government in a way is not best for the greatest amount of good.
So, Mr Moscariello I hope you realize your dream of becoming rich some day. Try and realize that if you spend all your wealth on silly material things like those mentioned in this article, and you live in a house that is ten times larger than you need that these things don't make America a better place. The ostentatious material things only help feed the wealthy classes' insecurities about who they are that they need to display their wealth to impress their friends and acquaintances.
America is a great place to live and you have more opportunities to make something of yourself than anywhere else in the world but that only works when we continue to make it possible for anyone to attain that success. If we continue to create more billionaires while at the same time having more families living in poverty than any other industrialized nation then I think we have failed to make those opportunities available that were there a generation or two ago.
We should force all public owned corporations to pay our minimum wages wherever they go. This would show a little respect for workers and bring back jobs fast. Instead we give these pigs special treaties and tax breaks to outsource.
Foreign bans are crammed with trillions of American dollars, while many of our people are going down hill. This exactly the sane situation that existed in the 1920s and created the great depression. Are we stupid enough to destroy our own consumer base and repeat that horror?
Actually most giant money is made on wall street. Stock and commodity trading is a 0 sum game. In the one year I know about, the Saudi royal family made 250 billion on our rigged market while 401ks were tanking.
Also, when the CEO of Disney made 600 million in salary and God knows what in bonuses he had children working in Haiti for 12 cents an hour. Our big banks have been getting billions in 0% loans and using our own money to rape us by manipulating the commodities market. Goldman Sachs and Morgan Stanley control more than 50% of all oil trades. This is the insane greed that is destroying America,
We have had class warfare for decades: Banks, wall street, commodities speculators, and insurance companies produce nothing and take mountains. Collectively they own our government and if we don't force real change these pigs will have us in depression and chaos.
There is not unlimited wealth for you and all your friends, no matter how hard you work.
Don't delude yourself - everything is finite.
Sick of whiners and moochers
How long before the United States lower 95% let the top 5% take it all? This is not a well society. A football player, quarterback just got over $50,000,000.00 for a 5 year contract. This is for playing a game. I never made 1 million in my whole lifetime.
How much is enough? In order to sustain these ultra-rich individuals that can afford to do these ostentatious renovations we will need to drastically reduce the number of people living on this planet. What happens when we have a small segment of society that has an insatiable appetite to consume and impress their other wealthy friends. There is not a trickle down affect because these individuals are hiring other very high end contractors and the wealth stays with the few. When did these ultra-rich lose their way and not consider all the good that they could do for society with their wealth?
This is not a sustainable model for human beings to maintain and I hope some day that the ultra wealthy can start channeling their money into things that can benefit their fellow man and not towards water walls and multi-million dollar renovations.
I'm sure that those of you who read this, and support this American Dream to get as much as you can while you can get it, think that I am speaking this way due to envy but I speak more of concern for our planet and our fellow man. It is simple math that the world cannot support the amount of people that currently live on this planet and a small few who continue to consume hundreds of times more than the average person.
I appreciate the job creation that many successful and wealthy individuals continue to create but I struggle to understand why we continue to drastically increase the pay of those leaders of businesses who don't create more American jobs and continue to get their pockets lined with such simple decisions as finding other Countries to create their goods more cheaply because of cheaper labor that does not have to adhere to basic worker rights. This is not something we should reward. We should reward those business leaders who use their wealth and influence to get more and more American workers back to work within the confines of a fair workplace.
If we can encourage business leaders to understand that their efforts to help create jobs for the American worker will ultimately help them by getting more American workers to consume their goods then we will all be better off. As they say "A rising tide lifts all boats".