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Wealth concentration near ‘levels last seen during the Roaring Twenties,’ study finds

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9 hours ago, Edmo said:

So in your world you have to have a house paid off before you can start a business? 

How about you rent a room and drive an old car so you can save up some dough?

I mean you couldn’t come off as more of an elistist silver spooner if you tried. :lol: 

Are you equally as stupid as the clown posse or are you acting this way to fit in. 

My parents first paid off their house, then used the equity to borrow against when they decided to start their own business.

I'm just making a comparison between the 60's and now.  

A constant theme from the right wing is" if you don't like it, start your own business.  "   

I"m just asking for you to show me the budget using numbers from links I provided.  Obviously unreliable house price like US census. Who believes that fly by night outfit? 

But go ahead, show me the budge a couple in their early 20's would have to pay for a house, in 10 years making average factory wages.  

 

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7 hours ago, ArcticCrusher said:

Most start businesses from their garage, house or mom's basement.

Most have to stay at home now.  But what about when Merca was great?  

How did people manage to buy houses on one person making an average factory income? 

You and your clown posse buddies keep talking shit but none of you have come up with a budget.  

Typical stupid lying Trumpsters

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13 hours ago, Anler said:

Just because you aren't starving doesn't mean this isn't a problem you dumb fucks. With extreme wealth comes extreme power. We have already seen the erosion of our representative govt, they are basically the enforcement branch for the global elite. They are seizing the assets of other countries so what's to stop them from taking everything else. Wake the fuck up you fucking Derps. 

Good post.

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7 hours ago, revkevsdi said:

Are you equally as stupid as the clown posse or are you acting this way to fit in. 

My parents first paid off their house, then used the equity to borrow against when they decided to start their own business.

I'm just making a comparison between the 60's and now.  

A constant theme from the right wing is" if you don't like it, start your own business.  "   

I"m just asking for you to show me the budget using numbers from links I provided.  Obviously unreliable house price like US census. Who believes that fly by night outfit? 

But go ahead, show me the budge a couple in their early 20's would have to pay for a house, in 10 years making average factory wages.  

 

You did nothing your parents did...you had everything handed to you....

Youre the last person who should be commenting on any of this.

 

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7 hours ago, revkevsdi said:

Actually I'm being insulted by idiots. It's a noticeable difference dumb dumb. 

 

You are being insulted by people not only smarter than you but, more successful also.  It's important for your mental well being that your mind twists it the other way.

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7 hours ago, revkevsdi said:

Most have to stay at home now.  But what about when Merca was great?  

How did people manage to buy houses on one person making an average factory income? 

You and your clown posse buddies keep talking shit but none of you have come up with a budget.  

Typical stupid lying Trumpsters

Apple and Amazon started out of their garages.  Poor Rev, trying so hard to sound relevant.

The most important part of starting a new business is what the product/service will be that makes you different than what is already out there.  We would call that not a #metoo. 

"You have that, yah I have one to" 

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39 minutes ago, Zambroski said:

You are being insulted by people not only smarter than you but, more successful also.  It's important for your mental well being that your mind twists it the other way.

We should ask Bill Gates how many houses he had paid off before he started Microsoft. :lol:

 

  • Haha 1

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1 hour ago, Edmo said:

We should ask Bill Gates how many houses he had paid off before he started Microsoft. :lol:

 

NO!!  YOU STUPID DUMPER AND CLOWN POSSE AND STUFF!!!!  DO THE BUDGET!!!!”

:lol:

 

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20 minutes ago, Zambroski said:

NO!!  YOU STUPID DUMPER AND CLOWN POSSE AND STUFF!!!!  DO THE BUDGET!!!!”

:lol:

 

What bozo barbiehands doesnt realize is his old man took a chance....it paid off...had zero to do with budget.

Because hes never had to work for anything himself....he doesnt get it.

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6 minutes ago, DAVE said:

What bozo barbiehands doesnt realize is his old man took a chance....it paid off...had zero to do with budget.

Because hes never had to work for anything himself....he doesnt get it.

In a nutshell.

You mean you don't have to have your house paid off in 10 years during a time of very high interest rates, unlike today?

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12 minutes ago, ArcticCrusher said:

In a nutshell.

You mean you don't have to have your house paid off in 10 years during a time of very high interest rates, unlike today?

Having your house paid off is nice....but it would never stop anyone i know from starting a business if it wasnt ....if you know what you are doing...anything is possible.

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15 minutes ago, DAVE said:

Having your house paid off is nice....but it would never stop anyone i know from starting a business if it wasnt ....if you know what you are doing...anything is possible.

Only a retard would think that way.

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3 hours ago, ArcticCrusher said:

Apple and Amazon started out of their garages.  Poor Rev, trying so hard to sound relevant.

The most important part of starting a new business is what the product/service will be that makes you different than what is already out there.  We would call that not a #metoo. 

"You have that, yah I have one to" 

 

garage.jpg

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Didn't Bezos get like $100k from his parents to start Amazon?

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7 minutes ago, motonoggin said:

Didn't Bezos get like $100k from his parents to start Amazon?

To pay his house off?

:lol:

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2 minutes ago, DAVE said:

To pay his house off?

:lol:

To buy a boat.:lol:

  • Haha 1

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3 minutes ago, DAVE said:

To pay his house off?

:lol:

To start Amazon. 

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Just now, motonoggin said:

To start Amazon. 

Yes but he needed to pay his house off to do that!!!!

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Amazon.com: Founder Jeff Bezos got a $100,000 investment from his parents to start the famous online store.

American Apparel: Founder Dov Charney borrowed $10,000 from his father to start manufacturing clothing.

Chipotle: Founder Steve Ellis opened his 1st restaurant outside the University of Denver with an $85,000 loan from his dad.

CompuServe Corp: Pioneering online service provider was founded on $1 million from co-founder Jeff Wilkins’ father-in-law.

Spin Magazine: Bob Guccione Jr. is son of the publisher of Penthouse Magazine who loaned him $2 million to get started.

GoPro: Nick Woodman’s parents, (father is co-founder of investment bank Robertson Stephens), lent him $235,000 to get started.

Poundland: The UK’s massive dollar store chain began with a £50,000 investment from founder Steve Smith’s father.

SpaceX/Tesla: Elon Musk’s first company Zip2 was founded with $28,000 of his father’s money. That sold to Compaq for $307 million and $34 million in stock options and set Musk on the path to creating X.com/Paypal, SpaceX, and Tesla.

Squarespace: Founder Anthony Casalena received $30,000 from his father in 2003 to build his all-in-one web publishing suite.

Xmission: Utah’s oldest ISP was founded in 1993 based on an undisclosed investment from founder Pete Ashdown’s father.

Vente-Privee.com: French e-commerce site was built by Jackques-Antoine Granjon with $3,000 he received from his father, a real estate developer.

Applebee’s: In 1980, husband and wife restaurateurs Bill and TJ Palmer received $5,200 from their parents to construct the first Applebee’s restaurant in Atlanta.

Friendly’s Ice Cream: Brothers Prestley and Curtis Blake opened their signature ice cream business in 1935 with a $500 investment from their parents. In 2015 dollars, that investment is worth $8,679.

Jimmy John’s: Founder Jimmy John Liautaud accepted a $25,000 loan from his father to start his chain of sandwich shops.

Enso Capital Management: Founded by Joshua Fink with a “minority investment” from his father Laurence Fink, a co-founder of BlackRock Inc.

Cobalt Capital Management Inc:Founded by Wayne Cooperman with a starting investment from his father Leon Cooperman, founder of Omega Advisors Inc.

Chatroulette: The popular-for-a-second video chat site was built on a $10,000 investment from 18-year old Andrey Ternoviskiy’s parents.

Motown Records: The most successful African-American business in the United States was founded in 1959 with $700 from Berry Gordy’s father. Correcting for inflation, the investment would be the equivalent of approximately $6,000 today.

Greenlight Capital: Famous hedge fund manager David Einhorn opened his first fund in 1996 at age 27 with a “significant investment” from his parents.

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Just now, motonoggin said:

Amazon.com: Founder Jeff Bezos got a $100,000 investment from his parents to start the famous online store.

American Apparel: Founder Dov Charney borrowed $10,000 from his father to start manufacturing clothing.

Chipotle: Founder Steve Ellis opened his 1st restaurant outside the University of Denver with an $85,000 loan from his dad.

CompuServe Corp: Pioneering online service provider was founded on $1 million from co-founder Jeff Wilkins’ father-in-law.

Spin Magazine: Bob Guccione Jr. is son of the publisher of Penthouse Magazine who loaned him $2 million to get started.

GoPro: Nick Woodman’s parents, (father is co-founder of investment bank Robertson Stephens), lent him $235,000 to get started.

Poundland: The UK’s massive dollar store chain began with a £50,000 investment from founder Steve Smith’s father.

SpaceX/Tesla: Elon Musk’s first company Zip2 was founded with $28,000 of his father’s money. That sold to Compaq for $307 million and $34 million in stock options and set Musk on the path to creating X.com/Paypal, SpaceX, and Tesla.

Squarespace: Founder Anthony Casalena received $30,000 from his father in 2003 to build his all-in-one web publishing suite.

Xmission: Utah’s oldest ISP was founded in 1993 based on an undisclosed investment from founder Pete Ashdown’s father.

Vente-Privee.com: French e-commerce site was built by Jackques-Antoine Granjon with $3,000 he received from his father, a real estate developer.

Applebee’s: In 1980, husband and wife restaurateurs Bill and TJ Palmer received $5,200 from their parents to construct the first Applebee’s restaurant in Atlanta.

Friendly’s Ice Cream: Brothers Prestley and Curtis Blake opened their signature ice cream business in 1935 with a $500 investment from their parents. In 2015 dollars, that investment is worth $8,679.

Jimmy John’s: Founder Jimmy John Liautaud accepted a $25,000 loan from his father to start his chain of sandwich shops.

Enso Capital Management: Founded by Joshua Fink with a “minority investment” from his father Laurence Fink, a co-founder of BlackRock Inc.

Cobalt Capital Management Inc:Founded by Wayne Cooperman with a starting investment from his father Leon Cooperman, founder of Omega Advisors Inc.

Chatroulette: The popular-for-a-second video chat site was built on a $10,000 investment from 18-year old Andrey Ternoviskiy’s parents.

Motown Records: The most successful African-American business in the United States was founded in 1959 with $700 from Berry Gordy’s father. Correcting for inflation, the investment would be the equivalent of approximately $6,000 today.

Greenlight Capital: Famous hedge fund manager David Einhorn opened his first fund in 1996 at age 27 with a “significant investment” from his parents.

You didnt back read obviously. 

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1 minute ago, DAVE said:

You didnt back read obviously. 

I generally skip over the trolling

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4 minutes ago, motonoggin said:

Amazon.com: Founder Jeff Bezos got a $100,000 investment from his parents to start the famous online store.

American Apparel: Founder Dov Charney borrowed $10,000 from his father to start manufacturing clothing.

Chipotle: Founder Steve Ellis opened his 1st restaurant outside the University of Denver with an $85,000 loan from his dad.

CompuServe Corp: Pioneering online service provider was founded on $1 million from co-founder Jeff Wilkins’ father-in-law.

Spin Magazine: Bob Guccione Jr. is son of the publisher of Penthouse Magazine who loaned him $2 million to get started.

GoPro: Nick Woodman’s parents, (father is co-founder of investment bank Robertson Stephens), lent him $235,000 to get started.

Poundland: The UK’s massive dollar store chain began with a £50,000 investment from founder Steve Smith’s father.

SpaceX/Tesla: Elon Musk’s first company Zip2 was founded with $28,000 of his father’s money. That sold to Compaq for $307 million and $34 million in stock options and set Musk on the path to creating X.com/Paypal, SpaceX, and Tesla.

Squarespace: Founder Anthony Casalena received $30,000 from his father in 2003 to build his all-in-one web publishing suite.

Xmission: Utah’s oldest ISP was founded in 1993 based on an undisclosed investment from founder Pete Ashdown’s father.

Vente-Privee.com: French e-commerce site was built by Jackques-Antoine Granjon with $3,000 he received from his father, a real estate developer.

Applebee’s: In 1980, husband and wife restaurateurs Bill and TJ Palmer received $5,200 from their parents to construct the first Applebee’s restaurant in Atlanta.

Friendly’s Ice Cream: Brothers Prestley and Curtis Blake opened their signature ice cream business in 1935 with a $500 investment from their parents. In 2015 dollars, that investment is worth $8,679.

Jimmy John’s: Founder Jimmy John Liautaud accepted a $25,000 loan from his father to start his chain of sandwich shops.

Enso Capital Management: Founded by Joshua Fink with a “minority investment” from his father Laurence Fink, a co-founder of BlackRock Inc.

Cobalt Capital Management Inc:Founded by Wayne Cooperman with a starting investment from his father Leon Cooperman, founder of Omega Advisors Inc.

Chatroulette: The popular-for-a-second video chat site was built on a $10,000 investment from 18-year old Andrey Ternoviskiy’s parents.

Motown Records: The most successful African-American business in the United States was founded in 1959 with $700 from Berry Gordy’s father. Correcting for inflation, the investment would be the equivalent of approximately $6,000 today.

Greenlight Capital: Famous hedge fund manager David Einhorn opened his first fund in 1996 at age 27 with a “significant investment” from his parents.

And?

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Just now, s pump said:

And?

hArD wErK!!!! sElF mAdE!!!

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AnYoNe CaN dO iT iF tHeY wErK hArD!!!

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