The "1 percent" Exodus

tbieter · **Posted:** Mon Feb 06, 2012 2:34 pm

The other day I was watching an interview with billionaire Donald Trump. Relative to President Obama's hostility toward the rich, Trump casually mentioned that "some of my friends are leaving the country."

Accordingly, this article captured my interest. http://frontpagemag.com/2012/02/06/the- ... ontPageMag

Of course, they also depart with their wealth and their tendency to create wealth by various means.

chaz wyman · **Joined:** Fri Mar 12, 2010 7:31 pm **Posts:** 10592

tbieter wrote:

The other day I was watching an interview with billionaire Donald Trump. Relative to President Obama's hostility toward the rich, Trump casually mentioned that "some of my friends are leaving the country."

Accordingly, this article captured my interest. http://frontpagemag.com/2012/02/06/the- ... ontPageMag

Of course, they also depart with their wealth and their tendency to create wealth by various means.

That is what they are saying in EVERY western country. Where are they going to go?

Where ever that might be they require an infrastructure which is provided by taxes and the 99%, without us they are impotent to create money.

bobevenson · **Joined:** Tue Mar 03, 2009 12:02 am **Posts:** 4260

Under Evensonomics, money is merely a medium of exchange of property that has already been created. It has absolutely nothing to do with the production of new property.

chaz wyman · **Joined:** Fri Mar 12, 2010 7:31 pm **Posts:** 10592

bobevenson wrote:

Under Evensonomics, money is merely a medium of exchange of property that has already been created. It has absolutely nothing to do with the production of new property.

How stupid.

bobevenson · **Joined:** Tue Mar 03, 2009 12:02 am **Posts:** 4260

chaz wyman wrote:

bobevenson wrote:

Under Evensonomics, money is merely a medium of exchange of property that has already been created. It has absolutely nothing to do with the production of new property.

How stupid.

You can't understand Ouzo, so how the fuck can you expect to understand Evensonomics or even basic economics, fool!

chaz wyman · **Joined:** Fri Mar 12, 2010 7:31 pm **Posts:** 10592

bobevenson wrote:

chaz wyman wrote:

bobevenson wrote:

Under Evensonomics, money is merely a medium of exchange of property that has already been created. It has absolutely nothing to do with the production of new property.

How stupid.

You can't understand Ouzo, so how the fuck can you expect to understand Evensonomics or even basic economics, fool!

"money has nothing to do with the production of new property", is FALSE.

SpheresOfBalance · **Posted:** Tue Feb 07, 2012 6:33 am

I say good riddance to the selfish 1%, I hope some really bad health issues shows up on their doorstep. I say don't let them come back for any reason. If it weren't for the USA they wouldn't have the money they do. It's a crime for them to have the money that they do in light of those that face to so much hardship. It's a crime for them to cheat on taxes via Swiss bank accounts.

On the opposite side of the coin, another has joined with Buffet and Gates with their philanthropy agenda, I say bravo! If I had that much money, there would be four of us.

I say boo to those that 'take the money and run,' they're the worst kind of human.

John · **Posted:** Tue Feb 07, 2012 10:36 am

tbieter wrote:

Of course, they also depart with their wealth and their tendency to create wealth by various means.

He'll take his personal wealth with him but he won't abandon the US market because he can still make money there.

We've had some experience of Trump in Scotland lately with his new golf leisure complex that he built in the Aberdeenshire area despite lots of protests from locals and environmentalists. Now he's halted work on the complex because he objects to a proposed offshore wind farm, about a mile and a half away, that might "spoil the view" of his customers. Whether you agree with wind farms or not isn't it a lovely thought that this rich American, who denies global warming, is now involved in Scotland's energy policy because he doesn't want his rich customers having their view spoiled.

I understand the Scottish experience of Trump is just typical of the way he operates anyway and similar stories can be told of developments in America.

Wootah · **Joined:** Tue Apr 07, 2009 6:43 am **Posts:** 2453

SpheresOfBalance wrote:

I say good riddance to the selfish 1%, I hope some really bad health issues shows up on their doorstep. I say don't let them come back for any reason. If it weren't for the USA they wouldn't have the money they do. It's a crime for them to have the money that they do in light of those that face to so much hardship. It's a crime for them to cheat on taxes via Swiss bank accounts.

On the opposite side of the coin, another has joined with Buffet and Gates with their philanthropy agenda, I say bravo! If I had that much money, there would be four of us.

I say boo to those that 'take the money and run,' they're the worst kind of human.

So you're a cake and eat it kind of guy?

SpheresOfBalance · **Posted:** Tue Feb 07, 2012 1:47 pm

Wootah wrote:

SpheresOfBalance wrote:

I say good riddance to the selfish 1%, I hope some really bad health issues shows up on their doorstep. I say don't let them come back for any reason. If it weren't for the USA they wouldn't have the money they do. It's a crime for them to have the money that they do in light of those that face to so much hardship. It's a crime for them to cheat on taxes via Swiss bank accounts.

On the opposite side of the coin, another has joined with Buffet and Gates with their philanthropy agenda, I say bravo! If I had that much money, there would be four of us.

I say boo to those that 'take the money and run,' they're the worst kind of human.

So you're a cake and eat it kind of guy?

To what, are you referring? I don't have any cake!

bobevenson · **Joined:** Tue Mar 03, 2009 12:02 am **Posts:** 4260

SpheresOfBalance wrote:

I say good riddance to the selfish 1%, I hope some really bad health issues shows up on their doorstep. I say don't let them come back for any reason. If it weren't for the USA they wouldn't have the money they do. It's a crime for them to have the money that they do in light of those that face to so much hardship. It's a crime for them to cheat on taxes via Swiss bank accounts.

On the opposite side of the coin, another has joined with Buffet and Gates with their philanthropy agenda, I say bravo! If I had that much money, there would be four of us.

I say boo to those that 'take the money and run,' they're the worst kind of human.

You don't klnow anything about economics, much less Evensonomics, so just go back to your game shows on TV.

bobevenson · **Joined:** Tue Mar 03, 2009 12:02 am **Posts:** 4260

chaz wyman wrote:

"money has nothing to do with the production of new property", is FALSE.

Money represents past production, not future production. I don't know how else to make this simple concept understandable to your exceedingly facile mind.

Impenitent · **Joined:** Wed Feb 10, 2010 2:04 pm **Posts:** 938

"you can't get something for nothing..."

have the mob rise up in their "democratic" fury... steal from the rich!! if they don't like it, murder them!!! the rich are evil...

now your government masters are rich...

make sure you murder all the farmers in the process...

history never repeats...

-Imp

Notvacka · **Joined:** Sat Jun 26, 2010 2:37 am **Posts:** 1002

bobevenson wrote:

Money represents past production, not future production. I don't know how else to make this simple concept understandable to your exceedingly facile mind.

You are a joke. Money represents future production. As with all your other stupid comments, I suspect that you know that and are just taking the piss.

Money are mostly created by banks and loaned out on the promise that it will be payed back with interest. Future production of goods or services make that payback possible.

bobevenson · **Joined:** Tue Mar 03, 2009 12:02 am **Posts:** 4260

Notvacka wrote:

bobevenson wrote:

Money represents past production, not future production. I don't know how else to make this simple concept understandable to your exceedingly facile mind.

You are a joke. Money represents future production. As with all your other stupid comments, I suspect that you know that and are just taking the piss.

Money are mostly created by banks and loaned out on the promise that it will be payed back with interest. Future production of goods or services make that payback possible.

You don't know shit about economics, pal.

Philosophy Now Forum

The "1 percent" Exodus

Who is online