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Old 02-04-2019, 02:15 PM   #11
Pete F.
Canceled
 
Join Date: Jun 2003
Location: vt
Posts: 13,069
Quote:
Originally Posted by Jim in CT View Post
"Not all things the rich guys do are even close to noble
Jim"

And once again, when your point has been proven wrong, rather than admit such, you respond to something that no one has ever said. You do it again, and again, and again. I'm not saying billionaires are swell, I have no problem believing that many are weird and jerks. I never, ever said that everything they do is noble. What I said, and the facts back me up, is that they create most of their wealth (the ones who weren't born rich), they don't steal it for the most part. It's good for all of us, when someone creates wealth that wasn't there before.

"You missed the 1.4 Billion in your math "

No I didn't. If Lampert is a crook, l'm happy to pay taxes to prosecute him and give that money to whomever it rightfully belongs to.

But the lazy, entitled whiners on the left make it seem like the mere existence of billionaires, exposes some flaw in our system. It doesn't. There are sharks out there who will hurt people to become rich, and we need to deal with them. But not every wealthy person got there by screwing people. If you listen to CNN or MSNBC or read the posts here, you'd think that "wealthy" is synonymous with "unethical". I don't believe it is.
You did not prove any point wrong, nothing I said was not germane and as usual anything a rich man does is ok, how dare you whine you lazy person.
Lampert pulled a sleazy deal, paid off the execs with a measly 25 million
Lampert tried to push the envelope to suck 1.4 billion out and put it in his pocket to the detriment of the unsecured creditors and others.
He created zero and likely if the creditors had not joined together to stop him would have succeeded in stripping out what rightfully belonged to others.
Happens all the time if you have enough money to play those games and rarely does anyone get charged with a crime.
Just like nobody got charged in the last burst bubble but we all paid to bail them out because they were too big to fail.
Now they’ll roll back the controls on big and keep the ones that big business lobbied for on small.
Ever wonder why there are no longer local banks or businesses?
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