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longweekend58

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Re: Time The Rich Paid Their Huge Debt To Society
Reply #120 - Sep 14^th, 2014 at 6:17pm

Kytro wrote on Sep 14^th, 2014 at 6:13pm:

aquascoot wrote on Sep 14^th, 2014 at 5:48pm:

time the poor risked something, created something, toiled over something and won something , other then a smacking whinging contest Wink

Wink

Wink

Oh yeah, people are poor because they don't work hard enough, what utter nonsense, there is no correlation between how hard one works and how wealthy they are.

there is SOME correlation, but it is weak. you can work hard and still be poor and you can work rarely and still be rich. but generally, more effort brings more reward. Generally.

I love this quote: 'the harder I work, the luckier I get!'

AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."

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BigOl64

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Re: Time The Rich Paid Their Huge Debt To Society
Reply #121 - Sep 14^th, 2014 at 6:18pm

Kytro wrote on Sep 14^th, 2014 at 6:13pm:

aquascoot wrote on Sep 14^th, 2014 at 5:48pm:

time the poor risked something, created something, toiled over something and won something , other then a smacking whinging contest Wink

Wink

Wink

Oh yeah, people are poor because they don't work hard enough, what utter nonsense, there is no correlation between how hard one works and how wealthy they are.

Yeah there is an argument that people are poor because they aare lazy, but the main reason is that they are stupid, combine that with being lazy and a cradle to grave welfare system and you got a typical day down the dole office.

Pity self respect is something you earn and not part of your welfare hand out.

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Sir lastnail

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Re: Time The Rich Paid Their Huge Debt To Society
Reply #122 - Sep 14^th, 2014 at 6:21pm

longweekend58 wrote on Sep 14^th, 2014 at 1:09pm:

the first point is that you 'proved' absolutely none of boobys claims. not a single solitary one. and another point to keep in mind is that the GFC was caused by slack banking practices the likes of which our banks do not directly participate in. we have 4 banks in the worlds top ten. that doesn't happen by accident.

So how come the government had to guarantee depositors money and how come NAB and Westpac had to be bailed out by the Federal Reserve ?

Quote:

NAB and Westpac’s Secret Bailout Revealed

It’s time for an apology. No, not from your editor. We’re always right, so there’s no need to apologise [wink].

Instead the apology needs to come from the Australian mainstream financial press. The same financial press that told you Australia’s banks were strong.

That Australia had the best prudential regulation in the world. That Australian banks were different to all those dirty foreign banks.

But an apology also needs to come from the banks who themselves claimed things were different here. And that Australia’s banks didn’t have the same solvency problems as US and European banks.

Why do they need to apologise? Well, two years after the global financial markets collapsed, a secret bailout of two of Australia’s biggest banks has been revealed.

This is pretty big news. Or rather, you’d think it would be pretty big news. But as you can imagine there’s almost uniform silence from the banks and the mainstream press.

Shortly after we sent you yesterday’s Money Morning we decided to do a bit of fishing around on the US Federal Reserve website. You see, earlier that morning the Fed had released some pretty hot material, and we wanted to see what it contained.

What we found shocked us. Although it really shouldn’t have, because we knew the claims about the Australian banking system being strong and robust were complete lies anyway.

In fact, so shocking is this revelation that we considered sending you a Money Morning special edition yesterday afternoon. But we didn’t. We’re fed up of giving the mainstream scoops which they then claim as their own.

Instead we thought we’d wait to see if the Australian mainstream press picked up the story first.

Surprisingly they have. But not with any enthusiasm. And hardly with what you’d call any effort. Probably because they’re a bit sheepish about the fact the banks and regulators have made fools of them. I’ll provide you with the link to the one story on it in a moment.

So excited were we to see how the mainstream had handled this story we did something we normally never do – enthusiastically open the Australian Financial Review (AFR)....

http://www.moneymorning.com.au/20101203/nab-and-westpacs-secret-bailout-revealed...

In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

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longweekend58

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Re: Time The Rich Paid Their Huge Debt To Society
Reply #123 - Sep 14^th, 2014 at 6:22pm

BigOl64 wrote on Sep 14^th, 2014 at 6:18pm:

Kytro wrote on Sep 14^th, 2014 at 6:13pm:

aquascoot wrote on Sep 14^th, 2014 at 5:48pm:

time the poor risked something, created something, toiled over something and won something , other then a smacking whinging contest Wink

Wink

Wink

Oh yeah, people are poor because they don't work hard enough, what utter nonsense, there is no correlation between how hard one works and how wealthy they are.

Yeah there is an argument that people are poor because they aare lazy, but the main reason is that they are stupid, combine that with being lazy and a cradle to grave welfare system and you got a typical day down the dole office.

Pity self respect is something you earn and not part of your welfare hand out.

that is a bit simplistic. BUT if you are lazy you will tend to be poor. if you don't work and don't have a job, likewise. but if you study, go without and work hard you will generally do well. Uf you are prepared to put in the risk of your own business you may de quite well or even get legitimately rich. but lazy will pretty much always give you poverty

AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."

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BigOl64

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Re: Time The Rich Paid Their Huge Debt To Society
Reply #124 - Sep 14^th, 2014 at 6:27pm

longweekend58 wrote on Sep 14^th, 2014 at 6:22pm:

BigOl64 wrote on Sep 14^th, 2014 at 6:18pm:

Kytro wrote on Sep 14^th, 2014 at 6:13pm:

aquascoot wrote on Sep 14^th, 2014 at 5:48pm:

time the poor risked something, created something, toiled over something and won something , other then a smacking whinging contest Wink

Wink

Wink

Oh yeah, people are poor because they don't work hard enough, what utter nonsense, there is no correlation between how hard one works and how wealthy they are.

Yeah there is an argument that people are poor because they aare lazy, but the main reason is that they are stupid, combine that with being lazy and a cradle to grave welfare system and you got a typical day down the dole office.

Pity self respect is something you earn and not part of your welfare hand out.

that is a bit simplistic. BUT if you are lazy you will tend to be poor. if you don't work and don't have a job, likewise. but if you study, go without and work hard you will generally do well. Uf you are prepared to put in the risk of your own business you may de quite well or even get legitimately rich. but lazy will pretty much always give you poverty

You can be industrious and thick as pig sh1t and pretty much get nowhere in life.

I think stupidity has a greater effect on self reliance than effort, work smart not hard and all that. But a combination of both is an absolute garuntee of a life in the dole queue.

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Laugh till you cry

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Re: Time The Rich Paid Their Huge Debt To Society
Reply #125 - Sep 14^th, 2014 at 6:27pm

longweekend58 wrote on Sep 14^th, 2014 at 6:22pm:

BigOl64 wrote on Sep 14^th, 2014 at 6:18pm:

Kytro wrote on Sep 14^th, 2014 at 6:13pm:

aquascoot wrote on Sep 14^th, 2014 at 5:48pm:

time the poor risked something, created something, toiled over something and won something , other then a smacking whinging contest Wink

Wink

Wink

Oh yeah, people are poor because they don't work hard enough, what utter nonsense, there is no correlation between how hard one works and how wealthy they are.

Yeah there is an argument that people are poor because they aare lazy, but the main reason is that they are stupid, combine that with being lazy and a cradle to grave welfare system and you got a typical day down the dole office.

Pity self respect is something you earn and not part of your welfare hand out.

that is a bit simplistic. BUT if you are lazy you will tend to be poor. if you don't work and don't have a job, likewise. but if you study, go without and work hard you will generally do well. Uf you are prepared to put in the risk of your own business you may de quite well or even get legitimately rich. but lazy will pretty much always give you poverty

Mr. Beast United, can you give the poor devils some advice about sobriety?

Please don't thank me. Effusive fawning and obeisance of disciples, mendicants, and foot-kissers embarrass me.

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ImSpartacus2

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Re: Time The Rich Paid Their Huge Debt To Society
Reply #126 - Sep 14^th, 2014 at 6:34pm

longweekend58 wrote on Sep 14^th, 2014 at 6:08pm:

ImSpartacus2 wrote on Sep 14^th, 2014 at 6:02pm:

BigOl64 wrote on Sep 14^th, 2014 at 5:35pm:

ImSpartacus2 wrote on Sep 14^th, 2014 at 1:45pm:

Bobby's claim re Banks: "Banks rip off customers with high interest rates & fees" -
bigol64's post: "Post the supporting evidence and Ill be more than happy to become a non-denier" (Underlining mine)
My Post: "I can provide you with the following regarding Bobby's claims about the banks. .... THE SHAREHOLDER STEPHEN MAYNE, Ever since federal and state governments privatised various public sector banks in the 1990s, Australians have increasingly suffered the world's most expensive banking system. and Skyrocketing transaction fees, "

Now did I prove anything to the infamous Longy standard of "Nothing is provable that Longy doesn't like? No I did not
Did I prove it on the criminal standard, beyond a reasonable doubt? No I did not
Did I prove it on the civil standard, on the balance of probabilities? Emmmm, closer but no I don't think so unless no contrary evidence introduced.
Did I do as asked and post supporting evidence re Bobbies claim about the Banks. Clearly YES!!!
Burden of proof shifts @hole. We have produced credible evidence of our claim re the banks now you go disprove it. Do your own research!!!

Not even close sunshine, it made no mention of the chinese recieiving 0.25% interests or the shareholder spread for mining companies, both of which I called bullsh1t and ask for evidence.

You did post something while true had nothing at all to do with booby's post.

Doesn't say much for either of you.

Oh right and I'm gong to put any credence in your adjudication of the arguments. Even putting aside your obvious conflict of interest there is the added complication of you being a total imbecile and incapable of making the simplest logical connections.

then how about formulating an actual argument based on more than a few people you don't like. you don't think high income earners pay enough income tax then state it and make a suggestion on what to change and then defend it. don't make it a whiny little bit of target practice at a few odd people.

Again, have a look at the OP. That's what this thread is about and that's what I'm interested in discussing. Do you agree with the 3 principles I have set out. First you say no, then you say yes but really angry (so no one knows what your really saying) and always posing these absurd exaggerated distortions of what is said and attribute ridiculous motives and then bog the thread down on minutiae about whether there has been sufficient proof submitted about percentages of this and percentages that. Address the 3 principles I have set out in the OP. Tell me why you agree with each or disagree with each'. Let Bobby deal with bigol64 (hes not having any trouble from what I can tell) and we can have a useful discussion

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Kytro

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Re: Time The Rich Paid Their Huge Debt To Society
Reply #127 - Sep 14^th, 2014 at 6:34pm

BigOl64 wrote on Sep 14^th, 2014 at 6:27pm:

You can be industrious and thick as pig sh1t and pretty much get nowhere in life.

I think stupidity has a greater effect on self reliance than effort, work smart not hard and all that. But a combination of both is an absolute garuntee of a life in the dole queue.

That depends on your circumstances. If you inherit the money, for example and it's managed for you, then you may avoid that fate. Alternatively your family may feel responsible and keep bailing you out.

Where people are in life is driven mostly by circumstances, people don't just "decide" to be lazy and stupid.

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aquascoot

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Re: Time The Rich Paid Their Huge Debt To Society
Reply #128 - Sep 14^th, 2014 at 6:35pm

Kytro wrote on Sep 14^th, 2014 at 6:13pm:

aquascoot wrote on Sep 14^th, 2014 at 5:48pm:

time the poor risked something, created something, toiled over something and won something , other then a smacking whinging contest Wink

Wink

Wink

Oh yeah, people are poor because they don't work hard enough, what utter nonsense, there is no correlation between how hard one works and how wealthy they are.

youre wasting valuable time whinging instead of innovating Wink

Wink

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Sir lastnail

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Re: Time The Rich Paid Their Huge Debt To Society
Reply #129 - Sep 14^th, 2014 at 6:38pm

longweekend58 wrote on Sep 14^th, 2014 at 6:22pm:

BigOl64 wrote on Sep 14^th, 2014 at 6:18pm:

Kytro wrote on Sep 14^th, 2014 at 6:13pm:

aquascoot wrote on Sep 14^th, 2014 at 5:48pm:

time the poor risked something, created something, toiled over something and won something , other then a smacking whinging contest Wink

Wink

Wink

Oh yeah, people are poor because they don't work hard enough, what utter nonsense, there is no correlation between how hard one works and how wealthy they are.

Yeah there is an argument that people are poor because they aare lazy, but the main reason is that they are stupid, combine that with being lazy and a cradle to grave welfare system and you got a typical day down the dole office.

Pity self respect is something you earn and not part of your welfare hand out.

that is a bit simplistic. BUT if you are lazy you will tend to be poor. if you don't work and don't have a job, likewise. but if you study, go without and work hard you will generally do well. Uf you are prepared to put in the risk of your own business you may de quite well or even get legitimately rich. but lazy will pretty much always give you poverty

so people who chisel money out of suckers by flipping properties work really hard do they Cheesy

Cheesy

LOL

Australia is a magnet for those sorts of uber hard workers Cheesy

Cheesy

LOL

They are such productive people Cheesy

Cheesy

LOL

In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

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aquascoot

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Re: Time The Rich Paid Their Huge Debt To Society
Reply #130 - Sep 14^th, 2014 at 6:52pm

ImSpartacus2 wrote on Sep 14^th, 2014 at 6:05pm:

aquascoot wrote on Sep 14^th, 2014 at 5:48pm:

time the poor risked something, created something, toiled over something and won something , other then a smacking whinging contest Wink

Wink

Wink

Ahh yes aquascoot, the very incarnation of "I'm entitled"

im always fascinated how the poor attack the rich.
its truly bizarre.
without the pie creators there would be NO pie.
the rich can live without the poor but the poor definitely cant live without the rich.

it also is fascinating how the poor are abusive towards the rich. the rich will be spending all their wealth , at some stage, and they could well spend it on the poor if the poor would just act grateful and be nice.

smart poor people recognise the importance of befriending the rich .
the stupid ones (as big ol rightly points out ) attack the rich and then seem bewildered when the rich dont want to share. the angry poor, show little social intelligence by doing this

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longweekend58

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Re: Time The Rich Paid Their Huge Debt To Society
Reply #131 - Sep 14^th, 2014 at 6:52pm

BigOl64 wrote on Sep 14^th, 2014 at 6:27pm:

longweekend58 wrote on Sep 14^th, 2014 at 6:22pm:

BigOl64 wrote on Sep 14^th, 2014 at 6:18pm:

Kytro wrote on Sep 14^th, 2014 at 6:13pm:

aquascoot wrote on Sep 14^th, 2014 at 5:48pm:

time the poor risked something, created something, toiled over something and won something , other then a smacking whinging contest Wink

Wink

Wink

Oh yeah, people are poor because they don't work hard enough, what utter nonsense, there is no correlation between how hard one works and how wealthy they are.

Yeah there is an argument that people are poor because they aare lazy, but the main reason is that they are stupid, combine that with being lazy and a cradle to grave welfare system and you got a typical day down the dole office.

Pity self respect is something you earn and not part of your welfare hand out.

that is a bit simplistic. BUT if you are lazy you will tend to be poor. if you don't work and don't have a job, likewise. but if you study, go without and work hard you will generally do well. Uf you are prepared to put in the risk of your own business you may de quite well or even get legitimately rich. but lazy will pretty much always give you poverty

You can be industrious and thick as pig sh1t and pretty much get nowhere in life.

I think stupidity has a greater effect on self reliance than effort, work smart not hard and all that. But a combination of both is an absolute garuntee of a life in the dole queue.

you have a point. you still need to have a modicum of skill as well, but effort and hard work will get you further than sheer talent. when you have both however, you can really boom!

AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."

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ImSpartacus2

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Re: Time The Rich Paid Their Huge Debt To Society
Reply #132 - Sep 14^th, 2014 at 7:06pm

longweekend58 wrote on Sep 14^th, 2014 at 6:52pm:

BigOl64 wrote on Sep 14^th, 2014 at 6:27pm:

longweekend58 wrote on Sep 14^th, 2014 at 6:22pm:

BigOl64 wrote on Sep 14^th, 2014 at 6:18pm:

Kytro wrote on Sep 14^th, 2014 at 6:13pm:

aquascoot wrote on Sep 14^th, 2014 at 5:48pm:

time the poor risked something, created something, toiled over something and won something , other then a smacking whinging contest Wink

Wink

Wink

Oh yeah, people are poor because they don't work hard enough, what utter nonsense, there is no correlation between how hard one works and how wealthy they are.

Yeah there is an argument that people are poor because they aare lazy, but the main reason is that they are stupid, combine that with being lazy and a cradle to grave welfare system and you got a typical day down the dole office.

Pity self respect is something you earn and not part of your welfare hand out.

that is a bit simplistic. BUT if you are lazy you will tend to be poor. if you don't work and don't have a job, likewise. but if you study, go without and work hard you will generally do well. Uf you are prepared to put in the risk of your own business you may de quite well or even get legitimately rich. but lazy will pretty much always give you poverty

You can be industrious and thick as pig sh1t and pretty much get nowhere in life.

I think stupidity has a greater effect on self reliance than effort, work smart not hard and all that. But a combination of both is an absolute garuntee of a life in the dole queue.

you have a point. you still need to have a modicum of skill as well, but effort and hard work will get you further than sheer talent. when you have both however, you can really boom!

Or not. So many variables in the mix that the idea that capitalism rewards merit is really absurd. Have a look at ICAC and the Lib MPs lining up one after the other with stories of corruption and wrong doing. IMO capitalism is more adept at rewarding dishonesty and deceit then hard work and skill. I believe the story goes (and your quite welcome to produce evidence to the contrary - I'm not totally vouching for it) that when Bill Gates sold DOS to IBM he didn't have a computer operating system to sell them. After his meeting he arranged to buy or lease DOS from the creator for a pittance and who of course had no idea that Gates was on-leasing it to IBM. Regardless of what you think of the morals of that story (and if true I think Gates acted despicably) I think its fair to say that Gates got more highly rewarded for the skill and hard work that went into creating DOS then the creator did.

« Last Edit: Sep 14^th, 2014 at 7:12pm by ImSpartacus2 »

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longweekend58

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Re: Time The Rich Paid Their Huge Debt To Society
Reply #133 - Sep 14^th, 2014 at 7:16pm

ImSpartacus2 wrote on Sep 14^th, 2014 at 7:06pm:

longweekend58 wrote on Sep 14^th, 2014 at 6:52pm:

BigOl64 wrote on Sep 14^th, 2014 at 6:27pm:

longweekend58 wrote on Sep 14^th, 2014 at 6:22pm:

BigOl64 wrote on Sep 14^th, 2014 at 6:18pm:

Kytro wrote on Sep 14^th, 2014 at 6:13pm:

aquascoot wrote on Sep 14^th, 2014 at 5:48pm:

time the poor risked something, created something, toiled over something and won something , other then a smacking whinging contest Wink

Wink

Wink

Oh yeah, people are poor because they don't work hard enough, what utter nonsense, there is no correlation between how hard one works and how wealthy they are.

Yeah there is an argument that people are poor because they aare lazy, but the main reason is that they are stupid, combine that with being lazy and a cradle to grave welfare system and you got a typical day down the dole office.

Pity self respect is something you earn and not part of your welfare hand out.

that is a bit simplistic. BUT if you are lazy you will tend to be poor. if you don't work and don't have a job, likewise. but if you study, go without and work hard you will generally do well. Uf you are prepared to put in the risk of your own business you may de quite well or even get legitimately rich. but lazy will pretty much always give you poverty

You can be industrious and thick as pig sh1t and pretty much get nowhere in life.

I think stupidity has a greater effect on self reliance than effort, work smart not hard and all that. But a combination of both is an absolute garuntee of a life in the dole queue.

you have a point. you still need to have a modicum of skill as well, but effort and hard work will get you further than sheer talent. when you have both however, you can really boom!

Or not. So many variables in the mix that the idea that capitalism rewards merit is really absurd. Have a look at ICAC and the Lib MPs lining up one after the other with stories of corruption and wrong doing. IMO capitalism is more adept at rewarding dishonesty and deceit then hard work and skill. I believe the story goes (and your quite welcome to produce evidence to the contrary - I'm not totally vouching for it) that when Bill Gates sold DOS to IBM he didn't have a computer operating system to sell them. After his meeting he arranged to buy or lease DOS from the creator for a pittance and who of course had no idea that Gates was on-leasing it to IBM. Regardless of what you think of the morals of that story (and if true I think Gates acted despicably) I think its fair to say that Gates got more highly rewarded for the skill and hard work that went into creating DOS then the creator did.

again... just more examples and no clear-cut CONCEPTS

and Gates sold DOS to IBM after IBM was rebuffed by another idiotic O/S writer (DR/DOS or CP/M). Gates put on the blue suit, got the job and then bought the product. he took risk and worked hard.

unlike IMFULLOFIT and so many other complainers.

AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."

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ImSpartacus2

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Re: Time The Rich Paid Their Huge Debt To Society
Reply #134 - Sep 14^th, 2014 at 7:42pm

longweekend58 wrote on Sep 14^th, 2014 at 7:16pm:

ImSpartacus2 wrote on Sep 14^th, 2014 at 7:06pm:

longweekend58 wrote on Sep 14^th, 2014 at 6:52pm:

BigOl64 wrote on Sep 14^th, 2014 at 6:27pm:

longweekend58 wrote on Sep 14^th, 2014 at 6:22pm:

BigOl64 wrote on Sep 14^th, 2014 at 6:18pm:

Kytro wrote on Sep 14^th, 2014 at 6:13pm:

aquascoot wrote on Sep 14^th, 2014 at 5:48pm:

time the poor risked something, created something, toiled over something and won something , other then a smacking whinging contest Wink

Wink

Wink

Oh yeah, people are poor because they don't work hard enough, what utter nonsense, there is no correlation between how hard one works and how wealthy they are.

Yeah there is an argument that people are poor because they aare lazy, but the main reason is that they are stupid, combine that with being lazy and a cradle to grave welfare system and you got a typical day down the dole office.

Pity self respect is something you earn and not part of your welfare hand out.

that is a bit simplistic. BUT if you are lazy you will tend to be poor. if you don't work and don't have a job, likewise. but if you study, go without and work hard you will generally do well. Uf you are prepared to put in the risk of your own business you may de quite well or even get legitimately rich. but lazy will pretty much always give you poverty

You can be industrious and thick as pig sh1t and pretty much get nowhere in life.

I think stupidity has a greater effect on self reliance than effort, work smart not hard and all that. But a combination of both is an absolute garuntee of a life in the dole queue.

you have a point. you still need to have a modicum of skill as well, but effort and hard work will get you further than sheer talent. when you have both however, you can really boom!

Or not. So many variables in the mix that the idea that capitalism rewards merit is really absurd. Have a look at ICAC and the Lib MPs lining up one after the other with stories of corruption and wrong doing. IMO capitalism is more adept at rewarding dishonesty and deceit then hard work and skill. I believe the story goes (and your quite welcome to produce evidence to the contrary - I'm not totally vouching for it) that when Bill Gates sold DOS to IBM he didn't have a computer operating system to sell them. After his meeting he arranged to buy or lease DOS from the creator for a pittance and who of course had no idea that Gates was on-leasing it to IBM. Regardless of what you think of the morals of that story (and if true I think Gates acted despicably) I think its fair to say that Gates got more highly rewarded for the skill and hard work that went into creating DOS then the creator did.

again... just more examples and no clear-cut CONCEPTS

and Gates sold DOS to IBM after IBM was rebuffed by another idiotic O/S writer (DR/DOS or CP/M). Gates put on the blue suit, got the job and then bought the product. he took risk and worked hard.

unlike IMFULLOFIT and so many other complainers.

Yes exactly what I was saying. The system didn't reward the skill and hard work that went into creating the product that ushered in the home computer age. It went to the shifty guy (you know, like the suited corrupt Liberal MP guys fronting before ICAC) who cheated the creator of his hard work (it really is the story of capitalism all over).

And its significant that you characterize the person who created DOS (the product that ushered in the home computer age) as an idiotic O/S writer and Gates as the one who worked hard because this is another oft used tactic of capitalism; always demean the other person's contribution and overstate your own and that way you appear entitled when you clearly are not.

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