1 posted on
09/24/2011 9:45:17 AM PDT by
airedale
To: airedale
Most of them probably aren't liberal or conservative, they are whatever it takes to get the government contracts that got them rich.
There are notable exceptions, but Warren Buffet is not one of them.
2 posted on
09/24/2011 9:48:43 AM PDT by
E. Pluribus Unum
(Palin is coming, and the Tea Party is coming with her.)
To: airedale
The top 3 are Democrats...
3 posted on
09/24/2011 9:56:59 AM PDT by
FromTheSidelines
("everything that deceives, also enchants" - Plato)
To: airedale
3/4 are progressives and/or libtards
1/4 conservative and/or middle of the road Repubs
4 posted on
09/24/2011 10:05:45 AM PDT by
cranked
To: airedale
6 posted on
09/24/2011 10:10:06 AM PDT by
peggybac
To: airedale
I'd say most are libs -- because many if not most managed to get on the list because tax laws and other laws are written -- often by their own lobbyists -- to make it
possible for them to amass vast fortunes. Google "Buffett vulture capitalism" for example.
Conservatives tend to view this as changing the rules of the game in the middle of the game and feel it's cheating. My $0.02.
7 posted on
09/24/2011 10:14:14 AM PDT by
Sooth2222
("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
To: airedale
All the rich people I know are liberal Democrats. It’s a form of protective coloration. They equate conservative with greedy (falsely), and do not want to be seen as greedy. So they espouse big government socialism for everybody else, while continuing to live their upper crust lifestyle. This is so much easier than following the Christian path - they get to have their cake and eat it.
9 posted on
09/24/2011 10:25:18 AM PDT by
Argus
To: airedale
I read recently that only about 10 percent of millionaires (or was it billionaires? I can't recall) inherited their wealth. The rest had worked hard to earn theirs.
10 posted on
09/24/2011 10:29:21 AM PDT by
DeoVindiceSicSemperTyrannis
(Want to make $$$? It's easy! Use FR as a platform to pimp your blog for hits!!!)
To: airedale
...but what percentage of Americans become millionaires based upon their own work and not inherited money?I may not be recalling this correctly, but I saw a stat recently -- from a financial firm -- that said about 65% of "wealthy" folks (valued at $500K or more) earned their money through business or investments. About 25% was a combination of investments and inheritance, and around 10% through inheritance alone.
If that holds true today, and I don't see any reason it wouldn't, most wealth is generated through the creation of business or investments.
If I can find that article again I'll post a link.
To: airedale
OK, I was a little off on my numbers, but not by much. It was a study done by PNC Wealth Management, and the numbers are:
69% earned their money through work, business ownership, or investments
25% through inheritance or earnings
6% primarily through inheritance
To: airedale
Split out the ones that are “rich” only via their coziness with the Feds or their States....and see who really among us are the rich.
the rest are part of the problem
21 posted on
09/25/2011 6:16:18 AM PDT by
mo
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