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Why do the elite give out more then half of their net worth?
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Phox
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PostPosted: Sat Apr 14, 2012 9:49 pm    Post subject: Reply with quote

You must not have a very good grasp upon how much money $60 billion dollars is. Yeah, you would definitely give it away too.
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SF
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PostPosted: Sat Apr 14, 2012 9:56 pm    Post subject: Reply with quote

There is NOTHING you can do with that amount of money. There is NO REASON to keep it all. Donate it to act as a better public figure, in the end it'll increase profits.

"x donated an extremely large sum of money to y, let's buy products from x since he's a good fella!'

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Up2Admin
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PostPosted: Sat Apr 14, 2012 10:01 pm    Post subject: Reply with quote

Keep your stupid Illuminati bullshit to yourself.
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SF
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PostPosted: Sat Apr 14, 2012 10:03 pm    Post subject: Reply with quote

Talix wrote:
SF wrote:
There is NOTHING you can do with that amount of money. There is NO REASON to keep it all. Donate it to act as a better public figure, in the end it'll increase profits.

"x donated an extremely large sum of money to y, let's buy products from x since he's a good fella!'

"SF doesn't know how to consistently quote, let's ignore his posts!"

they other ' fell off and died.

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Up2Admin
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PostPosted: Sat Apr 14, 2012 10:04 pm    Post subject: Reply with quote

SF wrote:
Talix wrote:
SF wrote:
There is NOTHING you can do with that amount of money. There is NO REASON to keep it all. Donate it to act as a better public figure, in the end it'll increase profits.

"x donated an extremely large sum of money to y, let's buy products from x since he's a good fella!'

"SF doesn't know how to consistently quote, let's ignore his posts!"

they other ' fell off and died.
god damn it SF
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Innovation
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PostPosted: Sat Apr 14, 2012 10:07 pm    Post subject: Reply with quote

You don't think that they benefit when the public views them in a positive light? When you already have so much money that you don't know what to do with it, the only thing you can really work on is your reputation.
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Up2Admin
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PostPosted: Sat Apr 14, 2012 10:15 pm    Post subject: Reply with quote

When I go out with my friends and I have a lot of money, I buy them stuff.
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Cryoma
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PostPosted: Sat Apr 14, 2012 10:18 pm    Post subject: Reply with quote

I have 60 billion dollars.
I am going to hold onto it no matter what because I need every last penny of it for stuff.

Yeah right.

Bill Gates could singlehandedly boost the lower class to middle class in the US and still have money left over.
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Hero
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PostPosted: Sat Apr 14, 2012 10:18 pm    Post subject: Reply with quote

Billgates could spend like 1billion and buy a pc with 50 i9 processors in it. i9 has not been invented and 50 of them would probably be pricy. There ya go. Probably cost him more than 1billion.
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br0l0ck
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PostPosted: Sat Apr 14, 2012 10:34 pm    Post subject: Reply with quote

Hero wrote:
Billgates could spend like 1billion and buy a pc with 50 i9 processors in it. i9 has not been invented and 50 of them would probably be pricy. There ya go. Probably cost him more than 1billion.
why.
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Maes
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PostPosted: Sat Apr 14, 2012 11:39 pm    Post subject: Reply with quote

You must have autism. Wink
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PostPosted: Sun Apr 15, 2012 1:42 am    Post subject: Reply with quote

moot!Ep8pui8Vw2 wrote:
You must have autism. Wink



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Aids
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PostPosted: Sun Apr 15, 2012 1:59 am    Post subject: Reply with quote

SF wrote:
There is NOTHING you can do with that amount of money. There is NO REASON to keep it all. Donate it to act as a better public figure, in the end it'll increase profits.

"x donated an extremely large sum of money to y, let's buy products from x since he's a good fella!'


This. Also does wonders on your tax.
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Xanatos
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PostPosted: Sun Apr 15, 2012 2:23 am    Post subject: Reply with quote

Cryoma wrote:
I have 60 billion dollars.
I am going to hold onto it no matter what because I need every last penny of it for stuff.

Yeah right.

Bill Gates could singlehandedly boost the lower class to middle class in the US and still have money left over.

SF wrote:
There is NOTHING you can do with that amount of money. There is NO REASON to keep it all. Donate it to act as a better public figure, in the end it'll increase profits.

"x donated an extremely large sum of money to y, let's buy products from x since he's a good fella!'


>>ITT kids who think having that much money isn't good for the economy.

The only money Bill Gates is wasting is that which he holds as currency. The rest of his money is gong towards savings through bank deposits, and any purchased bonds, stocks and mutual funds. This money ends up increasing the US market's quantity of loanable funds and helps raises productivity in the US in the long run (not accounting for net capital outflow to make things simple).

If he just dumped 60 billion dollars into the public's hands, dirty nigros would just go and spend it all. Assuming that Bills Gates would not sacrifice his consumption spending for charity, the end result would be increased consumption spending at the cost of investment spending. In the short run this would be beneficial to the lower class as they can enjoy more goods and services, but in the long run it significantly reduces productivity of the economy, and the standard of living is decreased from what it could have been. This is extra bad since the US is in a budget deficit and is already crowding out the market for loanable funds. End result -> vicious cycle of government debt and poor economc growth.

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Last edited by Xanatos on Sun Apr 15, 2012 12:16 pm; edited 1 time in total
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Sui
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PostPosted: Sun Apr 15, 2012 5:42 am    Post subject: Re: Why do the elite give out more then half of their net wo Reply with quote

Shrooms wrote:
Example is bill gates and other elite figures. They know something that we don't and that is why they are giving away a lot of their net worth.

Maybe the world is ending? WW3? What bill gates stated in a video and how he plans to release a safe virus to control population of earth?

Other then them making money off donating a lot of their money (bill gates donated 33 billion since 010 which is half of his net worth) there is no logical reason why they should donate their money!

Don't say they are nice an giving back, my ass.

Scares me to see that a lot of the elite have been doing this the same year of 010 and ending/completing their donation on the year 2012 and 2013


You're so dumb, you are really dumb.
Fo' real.

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