On what do I base this? I read the Wall Street Journal and the New York Times, hard copy every day, or as best I can. I read the St. Louis Business Journal each week. I read my online paper online every day. I see who is suing who, and why. I see the the outcomes.
I have occasion to interact with (or at least observe) some of the wealthy when I travel to Aspen, Colorado usually once a year spending time in a property my parents bought in Snowmass Village some 45 years ago. I draw conclusions just like any of us, and see extraordinary generosity among wealthy people and also tremendous pettiness, and miserliness, even in my own city. And sometimes a sort of sickness creeps in the psychology where, "you never have enough", and therefore become "clutchy" So, what's the big deal? I am sticking by my conclusion that having a lot of money changes people, and often for the worse. But, it is by no means a blanket indictment. ---In FairfieldLife@yahoogroups.com, <mdixon.6569@...> wrote : "The rich acting like misers"? Based on what? What someone else said or wrote about them? There is an old say , don't judge someone until you've walked a mile in their shoes. I remember my trip to India where I had the feeling that almost every person I interacted with had $ signs in their eyes as they looked at me or spoke to me. It was as if I could read their minds. "This guy is a rich American, how can I get some of his money"?It creeps you out. I'll agree with you that every circumstance that we experience has it's ups and downs. Just ask those that have won lotteries! One minute your friends and family love you, the next, they think you're a greedy bastard if you don't share your winnings with everyone that wants to share.And if you do share, you're back to square one. I read a nice piece of advice once or twice that helps keep your life in perspective. "Thou shalt not covet". From: "steve.sundur@... [FairfieldLife]" <FairfieldLife@yahoogroups.com> To: FairfieldLife@yahoogroups.com Sent: Monday, January 18, 2016 10:34 PM Subject: Re: [FairfieldLife] Is this right? Of course it does, Mike. I never implied it didn't. It is just surprising, or maybe not so much, when you see the rich acting like misers. I think having a lot money changes you, and not always for the better. I am not for taking away the incentive to succeed, I'm just saying that having money comes with it's own set of problems. ---In FairfieldLife@yahoogroups.com, <mdixon.6569@...> wrote : You can call it *cognitive dissonance* if you like. I just recognize it as B.S. based in class warfare. You don't think the poor have an attitude of disdain for the rich that give them a sense of entitlement? It goes both ways. From: "steve.sundur@... [FairfieldLife]" <FairfieldLife@yahoogroups.com> To: FairfieldLife@yahoogroups.com Sent: Monday, January 18, 2016 9:48 PM Subject: Re: [FairfieldLife] Is this right? We all have a tendency to filter out what we don't want to hear. I believe it's called cognitive dissonance. But, I commend you Mike, that you give no ground. No battle too small for you to fight, no point too small for you to dispute. ---In FairfieldLife@yahoogroups.com, <mdixon.6569@...> wrote : I don't hear about often.I might if I read a lot of leftist BS. From: "steve.sundur@... [FairfieldLife]" <FairfieldLife@yahoogroups.com> To: FairfieldLife@yahoogroups.com Sent: Monday, January 18, 2016 9:15 PM Subject: Re: [FairfieldLife] Is this right? You often hear about the sense of entitlement that develops in the ultra rich. An attitude where they feel a disdain for their fellow man. Manifests in things like poor tips, rudeness, not paying bills, or paying late. But as was mentioned earlier, that may be a pitfall many would fall into. I think you have to work hard to stay real, every day. (-: ---In FairfieldLife@yahoogroups.com, <noozguru@...> wrote : What about the middle class? If they have income they spend it too and there are magnitudes more of them than the rich. Your argument is a straw man. On 01/18/2016 02:36 PM, Mike Dixon mdixon.6569@... mailto:mdixon.6569@... [FairfieldLife] wrote: Dude! those are examples. Rich people don't go out and bury their wealth. They buy things and/or put it to work. If they put it in a bank, the bank uses it to loan to people, companies, cities, states and nations who in turn pays people with it for services, products and pensions. The money works! The rich manage it. From: "Bhairitu noozguru@... mailto:noozguru@... [FairfieldLife]" <FairfieldLife@yahoogroups.com> mailto:FairfieldLife@yahoogroups.com To: FairfieldLife@yahoogroups.com mailto:FairfieldLife@yahoogroups.com Sent: Monday, January 18, 2016 3:33 PM Subject: Re: [FairfieldLife] Is this right? ROTFL! Mike, you DO realize building products like that don't put a lot of people to work? Much if it is custom built with small crews. Stop celebrating the rich screwing you over. I guess you think it feels good? A middle class with the ability to spend would way outweigh the rich ability to put people to work. On 01/18/2016 01:00 PM, Mike Dixon mailto:mdixon.6569@...mdixon.6569@... mailto:mdixon.6569@... [FairfieldLife] wrote: Somebodybuilds those yachts, mansions, Cadillacs, etc.Somebody maintains them, Somebody sells them, Somebody transports them. Somebody buys them and pays taxes on them. Somebody hires financial planners and lawyers to work for them. I would say the rich put a lot of people to work, one way or another. From: "Bhairitu mailto:noozguru@...noozguru@... mailto:noozguru@... [FairfieldLife]" mailto:FairfieldLife@yahoogroups.com<FairfieldLife@yahoogroups.com> mailto:FairfieldLife@yahoogroups.com To: mailto:FairfieldLife@yahoogroups.comfairfieldl...@yahoogroups.com mailto:FairfieldLife@yahoogroups.com Sent: Monday, January 18, 2016 11:26 AM Subject: [FairfieldLife] Is this right? Doyou think this is fair or right? Billionairism is mental disease called greed. And don't tell me they're the jobs creators. It's small businesses that are the jobs creators. The big companies buy up the small ones and lay people off. Acquisitions are a bad business fad. Corporations should be limited in size and lifespan. And taxes should increase of the wealthy to discourage wealth accumulation and contracting billionairism. http://www.huffingtonpost.com/entry/global-wealth-inequality_56991defe4b0ce4964242e09http://www.huffingtonpost.com/entry/global-wealth-inequality_56991defe4b0ce4964242e09 http://www.huffingtonpost.com/entry/global-wealth-inequality_56991defe4b0ce4964242e09