This is a slide show with photos of the inside of a $53 mill private jet.
PRIVATE JET The Southwest planes I've been on don't look like this.
It's one of the 'smaller' ones so it can land at more of the small resort airports. Some years ago, some rich guy from CA sued the Sun Valley, ID airport because they wouldn't let him land his big Boeing 737 jet. The plane was too large for FAA specs. The runway asphalt was too thin and the runway too narrow. He owned 2 jets and the smaller one could land but he decided he wanted to land his big one. He actually expected them to rebuild the runway just for him. He lost, of course.
LAWSUIT
So what, they or their ancestors earnt it.
If they took ALL the money from the 1%, which is 1.1 trillion dollars, it couldn't even pay the student loan debt in America with is 1.3 trillion. Yes they are rich, but this is what the communists found out when they took over a country, starting with Russia. Once you take everything from the rich and try to "spread the wealth around", it quickly runs out, and everybody is POOR.
Best thing is to create JOBS. Roosevelt (FDR) realised this. He knew the rich didn't have enough money to help the masses. So, he created JOBS programs. Unlike the brainwashed young people today.
Even the top 2%, 100% of their money would only pay the federal budget for a little over ONE year.
This is just a ploy for Democrats (communists) to get votes from the masses.
So what, they or their ancestors earnt it.
Or stole it "legally".
The guy I mentioned who sued the airport got his in construction. There's nothing wrong with that but his attitude was a big problem. He expected everyone to kiss his backside. A lot of other rich people would just follow the rules and get along just fine.
So what, they or their ancestors earnt it.
Or stole it "legally".
How is that different from those that are sitting on their collective arse stealing "legally" instead of going out and bending their back and applying some sweat for their own livelihood.
I caddied golf tournaments back in college for some $$$ and met some cool people. One guy comes to mind, Paul. Older guy, foreign background, but very nice and polite. Caddied a particular tournament two years in a row, and was in his group both years.
The first year talked about what he did and found he owned 20something car dealerships. Had a single engine Piper plane he used for short trips. The following year he had sold all his dealerships and got into commercial real estate and still had his Piper, but also bought a Cessna Citation (don't remember exactly which model) for $7M. His justification for it was he was tired of the airlines - completely agree with that. Just hangar and maintenance alone was $400k a year.
Most everyone at the matches were in a good mood since they're all out to have fun golfing, but some were even dicks then. Depending on who it was I'd get tipped $20 each at a minimum, but Paul would whip out $100. The second year he handed me a $100 bill, looked at his wallet, then gave me another $100 bill. Cheap ass (Toranto Blue Jay) Joe Carter was the only person to ever stiff me - and that was after he'd been bragging about how much money he won at the casino the night before.
Out of HS I worked at the San Jose Jet Center refueling private planes and jets and met a lot of people. CEOs, owner of the A's, 49ers, and whatever the others did. Some were pr!cks and some were really cool.
Talked to the pilots one day when the A's daughter was flying up to Tahoe with her husband, think it took them 21 minutes to get there, only because of the 250knot speed limit under 10k feet or it would have been 17 minutes so they said. Must be nice.
A rich man feels a throat punch just like the rest of em.
So what, they or their ancestors earnt it.
Or stole it "legally".
How is that different from those that are sitting on their collective arse stealing "legally" instead of going out and bending their back and applying some sweat for their own livelihood.
They, or someone along the way, went out and stole with much energy, focus and purpose. That's the difference and reward.
when I was a younger man and worked, I used to say "Thank God for rich people...without them I could stay home and starve."
Your title is wrong. I'd say the owner of something like this would be in the top 1/10 of 1%. Probably more like the top 1/100th.
The liberals want to break the rich people. However, the guy who sued the airport made his in construction. He had a lot of people in his employ while he got rich. He might have been a butthead but those employees were all hard working people just trying to feed their families. If the government took his money, how many could he employ? How many jobs would be lost and how many more would be on the public dole.?
The guy I mentioned who sued the airport got his in construction. There's nothing wrong with that but his attitude was a big problem. He expected everyone to kiss his backside. A lot of other rich people would just follow the rules and get along just fine.
Criticizing someone who has wealth is not the same as someone who is arrogant and demanding. Someone who is both has his/her own issues. But there is nothing wrong with wealth and the use they put it to.
I caddied golf tournaments back in college for some $$$ and met some cool people. One guy comes to mind, Paul. Older guy, foreign background, but very nice and polite. Caddied a particular tournament two years in a row, and was in his group both years.
The first year talked about what he did and found he owned 20something car dealerships. Had a single engine Piper plane he used for short trips. The following year he had sold all his dealerships and got into commercial real estate and still had his Piper, but also bought a Cessna Citation (don't remember exactly which model) for $7M. His justification for it was he was tired of the airlines - completely agree with that. Just hangar and maintenance alone was $400k a year.
Most everyone at the matches were in a good mood since they're all out to have fun golfing, but some were even dicks then. Depending on who it was I'd get tipped $20 each at a minimum, but Paul would whip out $100. The second year he handed me a $100 bill, looked at his wallet, then gave me another $100 bill. Cheap ass (Toranto Blue Jay) Joe Carter was the only person to ever stiff me - and that was after he'd been bragging about how much money he won at the casino the night before.
Out of HS I worked at the San Jose Jet Center refueling private planes and jets and met a lot of people. CEOs, owner of the A's, 49ers, and whatever the others did. Some were pr!cks and some were really cool.
Talked to the pilots one day when the A's daughter was flying up to Tahoe with her husband, think it took them 21 minutes to get there, only because of the 250knot speed limit under 10k feet or it would have been 17 minutes so they said. Must be nice.
Your post points out that people are individuals, rich or not.
Among people who made their own wealth, I've found that those whose first priority was to create the best product or provide the best service and got rich along the way are usually pretty decent folks. They loved doing what they did for its own sake, money for them was a nice byproduct but mostly just a way of keeping score.
Then there are those whose goal in life was to make as much money as possible any way possible - lie, cheat, steal - anything was okay as long as it made money. Lots of times those folks do get very rich but they are universally ass-holes of the highest order.
Money or having money is not evil by itself, the
love of money is the root of all evil. Hillary Clinton is a prime example of that...
Have you ever been up there during the Allen & Co. conference? They shoe horn in so many private jets you could hardly walk through them. Big pile of money.....not sure what it brings to the local economy.
I'm sure most of the one percenters get up each morning and wonder, "How can I employ the most people and give them a meaningful life?" Just after they have that thought tucked away, they wonder, "How can I help our country best deal with all the issues facing it?" I'm sure. I once worked on a project where the owner of a construction company claimed to have built a bridge. BS! a dozen or less men worked ten to 18 hours a day, seven days a week,in hot, cold, rain, and snow to build that bridge and he wasn't one of them. The money didn't come from him either; it came from the taxpayers. In their off time the men wondered how they could deal with constantly being cheated on their pay checks. GD
I'm sure most of the one percenters get up each morning and wonder, "How can I employ the most people and give them a meaningful life?" Just after they have that thought tucked away, they wonder, "How can I help our country best deal with all the issues facing it?" I'm sure. I once worked on a project where the owner of a construction company claimed to have built a bridge. BS! a dozen or less men worked ten to 18 hours a day, seven days a week,in hot, cold, rain, and snow to build that bridge and he wasn't one of them. The money didn't come from him either; it came from the taxpayers. In their off time the men wondered how they could deal with constantly being cheated on their pay checks. GD
They always had the choice to quit. Simple really.
Have you ever been up there during the Allen & Co. conference? They shoe horn in so many private jets you could hardly walk through them. Big pile of money.....not sure what it brings to the local economy.
One time while this conference was in session, I actually stopped on the highway and counted the business jets parked on both sides of the runway...about 75 of them. I can't fathom how much money was sitting there. They had just released the Batman movie that Schwarzenegger was in. He had his jet there, painted black with "Batman World Tour" in huge red letters down the side.
At the south end of the airport is a cow pasture. Some years ago the FAA decreed that the airport needed an additional 40 acres for a buffer zone at the end of the runway. The farmland was owned by the rancher in the small modest house there. They went to him to offer to buy the bare land. He agreed to sell at the appraised price, which turned out to be $100k/acre. So, he sold them the 40 acres for $4 mill. They had no choice but to pay it. He leases it back from them for the pasture. He usually has a few horses or cows on it. Nothing changed other than the ownership. It's still a cow pasture but he has a pile of cash in the bank.
Have you ever been up there during the Allen & Co. conference? They shoe horn in so many private jets you could hardly walk through them. Big pile of money.....not sure what it brings to the local economy.
One time while this conference was in session, I actually stopped on the highway and counted the business jets parked on both sides of the runway...about 75 of them. I can't fathom how much money was sitting there. They had just released the Batman movie that Schwarzenegger was in. He had his jet there, painted black with "Batman World Tour" in huge red letters down the side.
Which allowed him to write the trip off as advertising.
They didn't get rich by not understanding the system.
Class envy is even more dangerous than racism in this country. You want to be rich? Figure it out. With all it's issues America is still the land of opportunity and multi-millionaires are made, or started to be made, every day. Most efforts involve long term approaches and blood-sweat-tears.
There are dicks and all income levels and for every rich one that feels entitled there is a poor one who feels entitled one. The things they are entitled to do often differ though.
Schwarzenegger has a house there in Hailey so he didn't make a trip just for the conference. I'm sure he found a way to write it off, though.
Have you ever been up there during the Allen & Co. conference? They shoe horn in so many private jets you could hardly walk through them. Big pile of money.....not sure what it brings to the local economy.
One time while this conference was in session, I actually stopped on the highway and counted the business jets parked on both sides of the runway...about 75 of them. I can't fathom how much money was sitting there. They had just released the Batman movie that Schwarzenegger was in. He had his jet there, painted black with "Batman World Tour" in huge red letters down the side.
Which allowed him to write the trip off as advertising.
They didn't get rich by not understanding the system.
Class envy is even more dangerous than racism in this country. You want to be rich? Figure it out. With all it's issues America is still the land of opportunity and multi-millionaires are made, or started to be made, every day. Most efforts involve long term approaches and blood-sweat-tears.
There are dicks and all income levels and for every rich one that feels entitled there is a poor one who feels entitled one. The things they are entitled to do often differ though.
THIS in spades.
Would really enjoy a month where I could get up in the morning and ask what do I want to do without the consideration of costs.
Have you ever been up there during the Allen & Co. conference? They shoe horn in so many private jets you could hardly walk through them. Big pile of money.....not sure what it brings to the local economy.
One time while this conference was in session, I actually stopped on the highway and counted the business jets parked on both sides of the runway...about 75 of them. I can't fathom how much money was sitting there. They had just released the Batman movie that Schwarzenegger was in. He had his jet there, painted black with "Batman World Tour" in huge red letters down the side.
Which allowed him to write the trip off as advertising.
They didn't get rich by not understanding the system.
Class envy is even more dangerous than racism in this country. You want to be rich? Figure it out. With all it's issues America is still the land of opportunity and multi-millionaires are made, or started to be made, every day. Most efforts involve long term approaches and blood-sweat-tears.There are dicks and all income levels and for every rich one that feels entitled there is a poor one who feels entitled one. The things they are entitled to do often differ though.
THIS in spades.
Arnold is a prime example. He spent years in body building to get the muscles that got him in the movies to start with. He's entirely self made.
I'm sure most of the one percenters get up each morning and wonder, "How can I employ the most people and give them a meaningful life?" Just after they have that thought tucked away, they wonder, "How can I help our country best deal with all the issues facing it?" I'm sure. I once worked on a project where the owner of a construction company claimed to have built a bridge. BS! a dozen or less men worked ten to 18 hours a day, seven days a week,in hot, cold, rain, and snow to build that bridge and he wasn't one of them. The money didn't come from him either; it came from the taxpayers. In their off time the men wondered how they could deal with constantly being cheated on their pay checks. GD
I had an uncle who made a lot of money. You know, the proverbial "rich uncle." Your first question, "How can I employ the most people and give them a meaningful life?" was his motivation. He felt since he could he was obligated to provide good paying jobs for his crews.
When young I had sense enough to know that it wasn't advisable to go ask a broke sumbeech for a job! After working several jobs by age 28 I started my own business and employed other folks like onto myself that had been looking for jobs. Those 1% folks you write about are responsible for creating a helluva lot of jobs and are due whatever they can compile for themselves and family!
Have you ever been up there during the Allen & Co. conference? They shoe horn in so many private jets you could hardly walk through them. Big pile of money.....not sure what it brings to the local economy.
One time while this conference was in session, I actually stopped on the highway and counted the business jets parked on both sides of the runway...about 75 of them. I can't fathom how much money was sitting there. They had just released the Batman movie that Schwarzenegger was in. He had his jet there, painted black with "Batman World Tour" in huge red letters down the side.
Which allowed him to write the trip off as advertising.
They didn't get rich by not understanding the system.
Class envy is even more dangerous than racism in this country. You want to be rich? Figure it out. With all it's issues America is still the land of opportunity and multi-millionaires are made, or started to be made, every day. Most efforts involve long term approaches and blood-sweat-tears.There are dicks and all income levels and for every rich one that feels entitled there is a poor one who feels entitled one. The things they are entitled to do often differ though.
Spot on.
Head of Tutor-Perini and Tutor-Saliba he'd have probably built them a new runway capable of handling the Airbus A380 had they let him... and he'd have been glad to have done it.
Phil
Head of Tutor-Perini and Tutor-Saliba he'd have probably built them a new runway capable of handling the Airbus A380 had they let him... and he'd have been glad to have done it.
Phil
Not at it's current location. There isn't room to widen the runway. To land a plane as big as his, they have to move all of the planes parked down both sides and there's no place to move them to. It's a small airport. They've been talking for years about moving the airport but the cost is prohibitive.
You just described the entire Trump Family!
So what, they or their ancestors earnt it.
Or stole it "legally".
Oh c'mon! I thought the real conservatives rejected notions of class envy. How do you know who stole "what"?
Is being broke now a prerequisite to being a true intellectual conservative ? Hate to say it but you sound like Obama! LMAO!
So what is the ideal level of wealth accumulation at which you are deemed "honest" and earned it?
Hilarious.
" ... I once worked on a project where the owner of a construction company claimed to have built a bridge. BS! a dozen or less men worked ten to 18 hours a day, seven days a week,in hot, cold, rain, and snow to build that bridge and he wasn't one of them. The money didn't come from him either; it came from the taxpayers. ..." GD
Well, that is exactly what Hussein Obama and Elizabeth Warren scream about the evil, running dog capitalist pigs. "You didn't build that!!"
L.W.
So what, they or their ancestors earnt it.
Or stole it "legally".
Oh c'mon! I thought the real conservatives rejected notions of class envy. How do you know who stole "what"?
Is being broke now a prerequisite to being a true intellectual conservative ? Hate to say it but you sound like Obama! LMAO!
So what is the ideal level of wealth accumulation at which you are deemed "honest" and earned it?
Hilarious.
RickyD is a conservative?
Dave
I'm in the top 1% and don't have [bleep].
RickyD is a conservative?
Dave
Pretty much. A conservative considers a crook a crook, no matter what flavor.
So what, they or their ancestors earnt it.
Or stole it "legally".
Oh c'mon! I thought the real conservatives rejected notions of class envy. How do you know who stole "what"?
Is being broke now a prerequisite to being a true intellectual conservative ? Hate to say it but you sound like Obama! LMAO!
So what is the ideal level of wealth accumulation at which you are deemed "honest" and earned it?
Hilarious.
Yeah, I forgot all mega billionaires are also sainted along with their entire family lineage. My bad.
No envy in facts of human nature, as it relates to the rich and famous.
Of course, you appear like an idiot mining for chit. Good to know nothings changed there. I'll be honest though, and mention I don't hate to say it.
Anyone catch Bernie Sanders latest purchase?
Immediately following his election loss he purchased his 3rd home - a $575K 'cabin' in Maine.
Bernie is not quite in the 1%, more like the top 3%, but he certainly advocated socialism for you - not necessarily for him.
RickyD is a conservative?
Dave
Pretty much. A conservative considers a crook a crook, no matter what flavor.
Oh.
Dave
Everyone is a victim nowadays. Nobody likes a winner, and never have.
Would really enjoy a month where I could get up in the morning and ask what do I want to do without the consideration of costs.
Why? Life without consideration of the sacrifices made to achieve success would be completely unsatisfying.
There are many unhappy, discontent, unsatisfied, rich people. Many.
So what, they or their ancestors earnt it.
Or stole it "legally".
How is that different from those that are sitting on their collective arse stealing "legally" instead of going out and bending their back and applying some sweat for their own livelihood.
I think that the point is that it isn't.
Question of the day:
Define "crook."
Dave
Question of the day:
Define "crook."
Dave
Someone who has more than I. ;-{>8
Question of the day:
Define "crook."
Dave
Criminal. Whether prosecuted, or not. For instance, I would consider Hillery Clinton a crook, even though she is about to be elected President.
Anyone catch Bernie Sanders latest purchase?
Immediately following his election loss he purchased his 3rd home - a $575K 'cabin' in Maine.
Bernie is not quite in the 1%, more like the top 3%, but he certainly advocated socialism for you - not necessarily for him.
Do ya think he has lost a little with his followers? Lets hope so...Sanders was full of Pie in the Sky ideas that sound great but one must always ask the question....How do you plan to pay for that one?
I do think the states should follow Cali's lead when it comes to low cost and abundant Community Colleges. If we make it fairly low cost to get 2 years of college or traders training more people will have the ability to earn more and in the end pay more taxes. This will help the 1% pleas than they do now as well!
Are the Clinton Mafia in the top 1%?
Anyone catch Bernie Sanders latest purchase?
Immediately following his election loss he purchased his 3rd home - a $575K 'cabin' in Maine.
Bernie is not quite in the 1%, more like the top 3%, but he certainly advocated socialism for you - not necessarily for him.
Do ya think he has lost a little with his followers? Lets hope so...Sanders was full of Pie in the Sky ideas that sound great but one must always ask the question....How do you plan to pay for that one?
(That's what conservatives have been asking tax and spend Democrats for decades. None I have ever heard advocated spending cuts. It's always need more taxes!)I do think the states should follow Cali's lead when it comes to low cost and abundant Community Colleges. If we make it fairly low cost to get 2 years of college or traders training more people will have the ability to earn more and in the end pay more taxes. This will help the 1% pleas than they do now as well!
College is also a great place to learn wealth envy, from professors who make 6 figures. Is this a fugked up country now or what?
the fellow that owned the Pharma company I was working for when I retired, has a Boeing 757 as a private plane. He upgraded from the older 737 a few years ago.
He has the largest property on Star Island in Miami, and was worth about 7 billion on the last Forbes report.
Nice fellow, accessible, friendly. Used to eat lunch with him from time to time in the building. Self made man. He was an MD, and just made some dang good business decisions. He earned his money.
Criminal. Whether prosecuted, or not.
So one definition of a crook is a person that committed a crime.
Anybody else?
Dave
There are plenty of ways to steal legally but not morally.
There are plenty of ways to steal legally but not morally.
If it's legal it ain't stealing. Period.
There are plenty of ways to steal legally but not morally.
If it's legal it ain't stealing. Period.
More to the point, so long as you have receipts.
Heh. Good one and too true, Mate.
Doesn't hurt to have an accountant with the creativity of a De Vinci and the morals of a clinton either.
Knowing and taking advantage of existing tax laws is no crime. Of cource, the best you can afford does help.
There are plenty of ways to steal legally but not morally.
If it's legal it ain't stealing. Period.
Exactly. Folks who twist words twist words to mean what they want them to mean, not what the word normally means.
There are plenty of ways to steal legally but not morally.
If it's legal it ain't stealing. Period.
Exactly. Folks who twist words twist words to mean what they want them to mean, not what the word normally means.
One wonders what you mean.
I caddied golf tournaments back in college for some $$$ and met some cool people. One guy comes to mind, Paul. Older guy, foreign background, but very nice and polite. Caddied a particular tournament two years in a row, and was in his group both years.
The first year talked about what he did and found he owned 20something car dealerships. Had a single engine Piper plane he used for short trips. The following year he had sold all his dealerships and got into commercial real estate and still had his Piper, but also bought a Cessna Citation (don't remember exactly which model) for $7M. His justification for it was he was tired of the airlines - completely agree with that. Just hangar and maintenance alone was $400k a year.
Most everyone at the matches were in a good mood since they're all out to have fun golfing, but some were even dicks then. Depending on who it was I'd get tipped $20 each at a minimum, but Paul would whip out $100. The second year he handed me a $100 bill, looked at his wallet, then gave me another $100 bill. Cheap ass (Toranto Blue Jay) Joe Carter was the only person to ever stiff me - and that was after he'd been bragging about how much money he won at the casino the night before.
Out of HS I worked at the San Jose Jet Center refueling private planes and jets and met a lot of people. CEOs, owner of the A's, 49ers, and whatever the others did. Some were pr!cks and some were really cool.
Talked to the pilots one day when the A's daughter was flying up to Tahoe with her husband, think it took them 21 minutes to get there, only because of the 250knot speed limit under 10k feet or it would have been 17 minutes so they said. Must be nice.
Your post points out that people are individuals, rich or not.
Among people who made their own wealth, I've found that those whose first priority was to create the best product or provide the best service and got rich along the way are usually pretty decent folks. They loved doing what they did for its own sake, money for them was a nice byproduct but mostly just a way of keeping score.
Then there are those whose goal in life was to make as much money as possible any way possible - lie, cheat, steal - anything was okay as long as it made money. Lots of times those folks do get very rich but they are universally ass-holes of the highest order.
Money or having money is not evil by itself, the
love of money is the root of all evil. Hillary Clinton is a prime example of that...
I deal on a regular basis what I call "micro-millionaires". Restaurant franchise owners that have a little bit of cash in the pocket but not rich enough to be dangerous. I have yet to meet one that isn't an A-hole. They talk to you like they own you and I have NEVER had one not complain about something I was doing at their store. Most of the time it's something ridiculous that they have no idea what they are talking about. God forbid they talk to you about it no no. They have to call your boss. Then I get back and we have a laugh about how the guy is a giant D-bag. i dunno what it is about a few bucks in your pocket that makes people think they are better than everyone around them and gives them permission to talk to people beneath their station so rudely.
While the lower class minions will be content with their Walmart knockoffs we elite 1%ers demand only the best.....
Peace,
Spano
![[Linked Image]](http://i37.photobucket.com/albums/e78/montanasam/A%202016/IMG_0019.jpg)
There are plenty of ways to steal legally but not morally.
If it's legal it ain't stealing. Period.
I believe that the IRS *steals* our hard earned money from us. I believe able bodied welfare recipients *steal* our hard earned money from us. I believe local, state, and federal governments *steal* our hard earned money from us. The 'legality' of it doesn't mean Jack $ch!t.
There are plenty of ways to steal legally but not morally.
If it's legal it ain't stealing. Period.
Remember that when some shyster cons your elderly mother into paying for a hugely overpriced item she doesn't need. But it's legal so it's ok, right? He's just a good salesman and your mother is an adult so it's ok, right?
Don't tell me that if it's legal it's not stealing. This world is full of thieving scumsuckers who stay just inside the law as they steal people blind.
There are plenty of ways to steal legally but not morally.
If it's legal it ain't stealing. Period.
Remember that when some shyster cons your elderly mother into paying for a hugely overpriced item she doesn't need. But it's legal so it's ok, right? He's just a good salesman and your mother is an adult so it's ok, right?
Don't tell me that if it's legal it's not stealing. This world is full of thieving scumsuckers who stay just inside the law as they steal people blind.
Kinda like this?
EdM Offline
Campfire 'Bwana
Registered: 11/27/02
Posts: 12367
Loc: Between Texas & Idaho
Anyone one buying any thing should know precisely what they are buying and what it is worth. If not, they deserve to be hosed.
_________________________
Conduct is the best proof of character.
Criminal. Whether prosecuted, or not.
So one definition of a crook is a person that committed a crime.
Anybody else?
Dave
At what level does a crime make you a criminal?
Is driving 70 in a 65 zone make you a criminal?
While the lower class minions will be content with their Walmart knockoffs we elite 1%ers demand only the best.....
Peace,
Spano
OMG Sam. THAT was funny !
While the lower class minions will be content with their Walmart knockoffs we elite 1%ers demand only the best.....
Peace,
Spano
That's a pretty high class pile of tin... Must be nice to be on top.
There are plenty of ways to steal legally but not morally.
If it's legal it ain't stealing. Period.
Exactly. Folks who twist words twist words to mean what they want them to mean, not what the word normally means.
One wonders what you mean.
Read the context, man.
Question of the day:
Define "crook."
Dave
HILLARY CLINTON!
While the lower class minions will be content with their Walmart knockoffs we elite 1%ers demand only the best.....
Peace,
Spano
Must one lift thy pinky whilst drinking from such finery?
Your title is wrong. I'd say the owner of something like this would be in the top 1/10 of 1%. Probably more like the top 1/100th.
Agree!!! The top of the 1% is in a totally different world than the bottom of the 1%. It only takes about $5 million to be in the top 1% (net worth) and that will not buy, maintain and operate a private jet. Believe me, I know!
What is the cutoff line for the 1% - strictly in terms of annual gross income?
In my case all it means is having about $200 worth of credit left on the card.
A lot of years ago my wife received a credit card with a $5,000.00 limit. I quickly told her that was a limit, not a goal.
Free money!
![[Linked Image]](http://i37.photobucket.com/albums/e78/montanasam/A%202016/20160617_EPI_Top_1_Percent_Map.jpg)
I don't think I will be in the top 1% anytime soon. Not even the top 50%.
What is the cutoff line for the 1% - strictly in terms of annual gross income?
Estimates vary, but most feel that an
annual income of $350,000 will get you into the bottom of the 1%.
A
net worth of about $5.5 million will get you into the 1% of that category. Being in the 1% annual income wise lets you live well, but being in the 1% net worth wise lets you live secure.
Free money!
You'd have to add a bunch of zeros to be able to afford the jet in the OP which was my point in posting it.
I bet a lot of 1%ers simply rent or lease($53 million dollar jets...).
Well, I guess if a guy REALLY wanted to join the mile high club, renting one of those would certainly be doing it in style.
What is the cutoff line for the 1% - strictly in terms of annual gross income?
Estimates vary, but most feel that an
annual income of $350,000 will get you into the bottom of the 1%.
A net worth of about $5.5 million will get you into the 1% of that category. Being in the 1% annual income wise lets you live well, but being in the 1% net worth wise lets you live secure. Bingo.
There are plenty of ways to steal legally but not morally.
If it's legal it ain't stealing. Period.
Abortion is legal and it's still murder. Period.
Doesn't hurt to have an accountant with the creativity of a De Vinci and the morals of a clinton either.
I'm an accountant with ample creativity. Just this year I figured out how to take the software capitalization at my company from 60K a year to 4 million. This, in a year when an offset of expenses is sorely needed and as will be done perfectly GAAP approved. I also have a currency exchange reclassification ace up my sleeve if we should need it.
I've been able to figure things like that out in every company I've worked at and they love it. Until they want to start into the dark grey areas and I balk and we have to part company.
Jealousy is such an ugly thing. What is sadly missed is that nowhere else in the world or in no other time than now is it possible to become wealthy. The only thing needed is desire, fortitude and hard smart work. I can think of three acquaintances that fall into the 1% category, and none of them own private jets.
A friends wife who run's assisted living homes for the mentally ill. She was born on an island in the Caribbean, came to the US and became a care giver and then started training and getting accredited to run assisted living homes.
My son's friends father who started literally sweeping the floors of a shop the sells and maintains big rigs and worked his way up and is now the owner of the company.
And a couple who the husband is a neurologist and the wife is a neurosurgeon. They were in their mid 30's before they started making a dime due to the decade plus of schooling and specialized training they received.
None of these people stole what they got, or had it handed to them.
Now if you are unhappy with where you are at life, stop listening the idiot you seen in the mirror every day that gives you a host of excuses for falling short.
What is the cutoff line for the 1% - strictly in terms of annual gross income?
Estimates vary, but most feel that an
annual income of $350,000 will get you into the bottom of the 1%.
A
net worth of about $5.5 million will get you into the 1% of that category. Being in the 1% annual income wise lets you live well, but being in the 1% net worth wise lets you live secure.
This is key.
There are many who might break into the top 1% in earnings. But many of those fail to save and build their net worth.
My stepfather was a self-made man. Rarely made very much money as the owner of a roofing company, somewhere south of $50,000 every year in the 70's and 80's. Yet, when he passed away, was probably in that top 1% for net worth.
Jealousy is such an ugly thing. What is sadly missed is that nowhere else in the world or in no other time than now is it possible to become wealthy. The only thing needed is desire, fortitude and hard smart work. I can think of three acquaintances that fall into the 1% category, and none of them own private jets.
A friends wife who run's assisted living homes for the mentally ill. She was born on an island in the Caribbean, came to the US and became a care giver and then started training and getting accredited to run assisted living homes.
My son's friends father who started literally sweeping the floors of a shop the sells and maintains big rigs and worked his way up and is now the owner of the company.
And a couple who the husband is a neurologist and the wife is a neurosurgeon. They were in their mid 30's before they started making a dime due to the decade plus of schooling and specialized training they received.
None of these people stole what they got, or had it handed to them.
Now if you are unhappy with where you are at life, stop listening the idiot you seen in the mirror every day that gives you a host of excuses for falling short.
Bingo again.
Think you guy's are getting the 1% and those .01% that own the planes and yachts kind of mixed up! Making 4 or 5 hundred k doesn't put a person in that category. And most of the people that do have these luxury's don't own them, the company's that they own own them and they just use them and deduct all the cost as business expenses!
Phil
There are plenty of ways to steal legally but not morally.
If it's legal it ain't stealing. Period.
Remember that when some shyster cons your elderly mother into paying for a hugely overpriced item she doesn't need. But it's legal so it's ok, right? He's just a good salesman and your mother is an adult so it's ok, right?
Don't tell me that if it's legal it's not stealing. This world is full of thieving scumsuckers who stay just inside the law as they steal people blind.
AGREE 100% with Rock Chuck!!
There are plenty of ways to steal legally but not morally.
If it's legal it ain't stealing. Period.
Remember that when some shyster cons your elderly mother into paying for a hugely overpriced item she doesn't need. But it's legal so it's ok, right? He's just a good salesman and your mother is an adult so it's ok, right?
Don't tell me that if it's legal it's not stealing. This world is full of thieving scumsuckers who stay just inside the law as they steal people blind.
Kinda like this?
EdM Offline
Campfire 'Bwana
Registered: 11/27/02
Posts: 12367
Loc: Between Texas & Idaho
Anyone one buying any thing should know precisely what they are buying and what it is worth. If not, they deserve to be hosed.
_________________________
Conduct is the best proof of character.
"Anyone one buying any thing should know precisely what they are buying and what it is worth. If not, they deserve to be hosed."
In many cases, you are right; but in the case of an elderly or disabled person, it's stealing. They may not have the capacity to understand the film-flam. Not all are a savy as you!
A year or so ago, Rush Limbaugh was speaking of "wealth" and the people who have "real" money. Now Rush has a few bucks himself, and certainly hangs around at times with people with "real" money. He said, paraphrasing now, that the people with "real" money don't consider a person to be
really wealthy until he or she has at least $700,000,000 or $800,000,000 dollars. That is "real" money.
I'm afraid I do not qualify.
L.W.
It's likely that nearly every single one of us here on this board is in the top 1% of income earners *in the world*.
*Perspective* has a lot to do with our happiness.
If you want to read up on a rich person who really went all out to help poor people, check out Molly Brown, the Titanic survivor. She grew up poor and married poor but her husband made a killing in the gold fields in CO. She became a real philanthropist. However, she didn't just hand out money. She rolled up her sleeves and got dirty.
She was disrespected because she was new money in a time when only old money was respectable but that didn't matter to her when there were people in need.
The true measure of the value of a life lived is in how much of it was given away.
At a funeral, people aren't remembered for the money that they accumulated, or for their
boats, cars, trucks, motorcycles, houses, guns, etc..
The best stuff in life isn't *stuff*.
The true measure of the value of a life lived is in how much of it was given away.
At a funeral, people aren't remembered for the money that they accumulated, or for their
boats, cars, trucks, motorcycles, houses, guns, etc..
The best stuff in life isn't *stuff*.
"The true measure of the value of a life lived is in how much of it was given away. "
Bill Gates and Warren Buffet have pledges virtually all of their considerable fortunes to helping others.
Molly Brown...,she didn't just hand out money. She rolled up her sleeves and got dirty.
^^^^^^^
This...!
It's not just money, or material things, that comprise the things we can give away during our lives.
Free money!
I never would have guessed that east of New York, North Dakota would have the highest 1% income level!
The map data is from 2013. ND's oil money maybe?
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