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Lobby Okay Activist Archives topic #25270

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M2
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10072 posts
Sun Apr-08-01 12:56 PM

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6. "Comments"
In response to In response to 4


          

-I disagree that poor people who take the traditional route to success will fail, and that their only way out is to try to change the system.

#1. They don't have the resources to effect any kind of change
#2. They don't even know how to go about the traditional routes of success, they have no role models, Mom & Dad can't show them. If they fail "trying" to go the traditional route, it's because they don't know how things work or how to be successful. Trying to change things won't work either, because they won't know how the "system" works.

Middle Class kids grow up to be Middle Class because they know what to do, they just imitate their parents. A lot of my middle class friends often marvel how easy it is, to have a 6 figure household income just like their parents...and how they don't consider that to be rich..even if it puts them in the top 10% of all wage earners...or higher. To them, buying the BMW, the 350k house, etc...doesn't mean your rich...heck it's easy..while to a poor kid it seems difficult or even impossible....To the middle class it simple and goes like this:

Apply to college, apply for Financial Aid (if you can get it) no aid..take out loans...Major Finance/Accounting/Economics/Enginering/Comp Sci, or something else with a decent starting salary.....you make 35-45 coming out of college..while your girlfriend (soon to be fiance) does the same. In your late 20s...you hope to be making about 50-70...you get married...now you make about 100-140 together. You buy your first house for about 150 - 200k (either saving for the downpayment yourself, or through a combination of borrowing from family and your own savings) you fix up that house and sell it in 5 years for about 200 - 250k...or more. Then you take that money and buy the 350k house, buy the BMW.....

Your kids see this, and imitate you when they get older...and the cycle continues.

While the poor kid has these dreams and no clue how to make them come true.

We don't have a Virtual Caste system because being poor doesn't give you the opportunies to become rich...we have a caste system because the poor don't KNOW HOW to elevate themselves. There is a big difference....the opportunities are there...they just don't know how to take advantage.

The Wealth Gap means that there are a lot of opportunities to make money, it also means that a lot of people can't take advantage of those opportunities. It doesn't mean that the people creating Wealth are bad people, taking advantage or are somehow lucky...per se...it just means that others don't even have a chance to create wealth themselves.

Organized Labor? Couple of Thoughts:

Organized Labor rarely has the interests of the company at heart, I think workers should have rights. I just wish that workers would actually have some Business sense and think about the overall health of the company. I get ticked off when I hear about GM, squelching a technology that could help them regain their foothold as one of the best car makers on earth because the unions won't let them.

I think that if Unions actually tried to align their needs with those of the Business...they'd be more successful. Right now, the businesses only give in to them out of fear..not neccessarily because it will help them.

Case In Point: Sometimes, Layoffs are neccessary for the overall health of the company..downsizing as well. But you'll never hear a Union admitt that...

I also don't think organized labor is going to fix the wealth gap, wealth isn't created by working for a company...it's created by side stuff (investing) having your own business...or having the position/business sense to exploit the company to generate wealth through 401ks and stock options.

Furthermore, proponents of Organized Labor...just want the workers to be paid more...which isn't always in the workers self interests..nor are the "workers" always worth that much.

No, I feel improving worker/company relations and conditions..will do little to change the wealth gap. Teaching people how to build wealth will.



Peace Out,



M2
















The Blog: http://www.analyticalwealth.com/

An assassin’s life is never easy. Still, it beats being an assassin’s target.

Enjoy your money, but live below your means, lest you become a 70-yr old Wal-Mart Greeter.

  

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The "Less Fortunate" [View all] , Expertise, Sat Apr-07-01 03:24 PM
 
Subject Author Message Date ID
My Thoughts
Apr 07th 2001
1
RE: My Thoughts
Apr 08th 2001
14
      What In Hell?!
Apr 08th 2001
15
let
Apr 08th 2001
2
let's get macy gray
Apr 08th 2001
3
RE: let's get macy gray
Apr 08th 2001
5
RE: let's get macy gray
Apr 08th 2001
16
      what "cultural traits" are keeping people poor?
Apr 13th 2001
60
           RE: what "cultural traits" are keeping people poor?
Apr 13th 2001
61
RE: The "Less Fortunate"
Apr 08th 2001
4
      RE: Comments
Apr 08th 2001
7
      Re: Comments
Apr 08th 2001
10
           RE: Re: Comments
Apr 08th 2001
17
           Quick Comments
Apr 09th 2001
22
                but...
Apr 09th 2001
24
                RE: but...
Apr 09th 2001
27
                Ha.
Apr 10th 2001
30
                     More crackpots
Apr 10th 2001
36
                          RE: More crackpots
Apr 10th 2001
48
                          RE: More crackpots
Apr 11th 2001
52
                               RE: More crackpots
Apr 11th 2001
56
                          Funny
Apr 11th 2001
51
           RE: Re: Comments
Apr 09th 2001
20
      Addendum...
Apr 08th 2001
8
      your number are shaky...
Apr 08th 2001
9
      RE: your number are shaky...
Apr 08th 2001
11
           indeed
Apr 08th 2001
12
                oh great
Apr 08th 2001
13
                don't worry!
Apr 09th 2001
18
                RE: indeed
Apr 09th 2001
28
                     i'm not like that
Apr 09th 2001
29
      Hold up
Apr 09th 2001
19
           Where are you getting your numbers?
Apr 09th 2001
21
                RE: Where are you getting your numbers?
Apr 09th 2001
23
                     Before you open your mouth.......
Apr 09th 2001
25
                     Any other College Grads
Apr 09th 2001
26
                          never said..
Apr 10th 2001
31
                          Futhermore
Apr 10th 2001
32
                               Question:
Apr 10th 2001
33
                               RE: Futhermore
Apr 10th 2001
34
                                    Silly Negroe
Apr 10th 2001
39
                                         Excuse me
Apr 10th 2001
40
                                         Good Luck Then.......
Apr 10th 2001
43
                                         That's just sad......
Apr 10th 2001
41
                                              This Cat..
Apr 10th 2001
44
                                                   RE: This Cat..
Apr 10th 2001
45
                          ...jesus.
Apr 10th 2001
35
                          Are you guys on the PIPE!
Apr 10th 2001
37
                               RE: Are you guys on the PIPE!
Apr 10th 2001
38
                                    Come back in five years.....
Apr 10th 2001
42
                                         RE: Come back in five years.....
Apr 10th 2001
47
                                              RE: Come back in five years.....
Apr 11th 2001
54
                                                   Bullshit.
Apr 11th 2001
55
                                                        You're missing the point
Apr 11th 2001
57
                                                             RE: You're missing the point
Apr 12th 2001
59
                          RE: Any other College Grads
McHottie
Apr 10th 2001
46
                               i love this girl
Apr 10th 2001
49
                               That is what
Apr 11th 2001
50
                               RE: That is what
Apr 11th 2001
53
                                    Agreed...
Apr 12th 2001
58
                                    RE: That is what
Apr 15th 2001
64
                               Thank GOD!!!!
Apr 15th 2001
63
BOO HISS!!!!
Apr 15th 2001
62
View from the outside
tohunga_whakapani
Apr 15th 2001
65
Terrific debate. Gonna have to be upped AGAIN!
Mar 09th 2005
66
so...is White-Racism a hallucination...re: The "Less Fortunate"?
Mar 10th 2005
67

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