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OfflineIce9
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Billionaire intentionally goes broke. * 1
    #26955174 - 09/25/20 10:05 PM (3 years, 4 months ago)



--------------------
The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man. -- George Brenard Shaw


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InvisiblezZZz
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Re: Billionaire intentionally goes broke. [Re: Ice9]
    #26955209 - 09/25/20 10:43 PM (3 years, 4 months ago)

:heart:


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OfflineAlphaStar
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Re: Billionaire intentionally goes broke. [Re: Ice9]
    #26955214 - 09/25/20 10:44 PM (3 years, 4 months ago)

Yeah I saw that too bro.

I think its kind of bullshit though. 1 single billionaire could essentially end homelessness in America.

And we have hundreds of them at least.

But instead they five money to charities or some shit


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OfflineIce9
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Re: Billionaire intentionally goes broke. [Re: AlphaStar] * 2
    #26955231 - 09/25/20 10:56 PM (3 years, 4 months ago)

Quote:

AlphaStar said:
Yeah I saw that too bro.

I think its kind of bullshit though. 1 single billionaire could essentially end homelessness in America.

And we have hundreds of them at least.

But instead they five money to charities or some shit




He started a whole movement among billionaires to give away most of their fortunes before they die.  As long as it goes to a worthy cause (and this guy seems like the type to do his homework) who gives a fuck where it goes, its improving the world.  Doesn't capitalism often use the adage a rising tide lifts all ships... that's what he did, and inspired others to do.  Clearly a remarkable individual.


--------------------
The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man. -- George Brenard Shaw


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OfflineAlphaStar
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Re: Billionaire intentionally goes broke. [Re: Ice9]
    #26955236 - 09/25/20 11:02 PM (3 years, 4 months ago)

No but that keeps it the same, you see.

How many of them want to end homelessness?

If you don't have someone below you,

Who can you look down on?

And for them that's necessary.


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OfflineAlphaStar
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Re: Billionaire intentionally goes broke. [Re: AlphaStar]
    #26955239 - 09/25/20 11:03 PM (3 years, 4 months ago)

You can give trillions to charities and not a thing, whatsoever, will change.

Or you can simply empower people, and fix the problem in a fucking heartbeat.

It's not hard.


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OfflineAlphaStar
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Re: Billionaire intentionally goes broke. [Re: AlphaStar]
    #26955240 - 09/25/20 11:06 PM (3 years, 4 months ago)

You have thousands of empty apartments?

Hundreds of homeless people,

And thousands of millionaires and billionaires?

Yeah, slave state indeed.

And the insane thing is how much the middle upper class people complain.

They alone, without any millionaires, could end the problem in an instant.


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OfflineAlphaStar
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Re: Billionaire intentionally goes broke. [Re: AlphaStar]
    #26955242 - 09/25/20 11:09 PM (3 years, 4 months ago)

I'm sorry but I call it bullshit.

Do you not think that one billionaire could end homelessness, in a town say the size of Tulsa,

Not hopelessly, bleakly, with disgust,

But pleasantly, beautifully, and essentially forever?

.
.
Anyway the point being that from there, permanent change in other places can follow suit.

It's not even difficult.

It's far more difficult to be in this state we are in, presently.


The eternal back and forth, the eternal not knowing what to do, the eternal slowness and fighting against each other.


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OfflineAlphaStar
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Re: Billionaire intentionally goes broke. [Re: AlphaStar]
    #26955247 - 09/25/20 11:13 PM (3 years, 4 months ago)

To wit: the current state is beyond, completely beyond insane.


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OfflineIce9
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Re: Billionaire intentionally goes broke. [Re: AlphaStar] * 1
    #26955255 - 09/25/20 11:24 PM (3 years, 4 months ago)

Studies have been done, regarding wealthy individuals vs poor individuals. Don't remember all the details, but the porrer section of society almost always took a short term view of money, as in what can it do for me know and spent it immediately on completely extraneous items, cigarettes, scratch tickets, other lotteries.  The wealthier people were more inclined to inves the money or use it for a business venture.

Now this is likely due to educational disparities, but I grew up poor, I know all this info, and I still have to fight the urge to spend on unnecessary items, instead save up, invest and hopefully retire comfortably. Which neither of my parents were able to do.


--------------------
The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man. -- George Brenard Shaw


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InvisibleNiffla
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Re: Billionaire intentionally goes broke. [Re: Ice9]
    #26955663 - 09/26/20 07:14 AM (3 years, 4 months ago)

Quote:

Ice9 said:


He started a whole movement among billionaires to give away most of their fortunes before they die.  As long as it goes to a worthy cause (and this guy seems like the type to do his homework) who gives a fuck where it goes, its improving the world.  Doesn't capitalism often use the adage a rising tide lifts all ships... that's what he did, and inspired others to do.  Clearly a remarkable individual.




Agreed :thumbup:


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Offlinechristopera
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Re: Billionaire intentionally goes broke. [Re: Niffla]
    #26955726 - 09/26/20 08:20 AM (3 years, 4 months ago)

I have a lot in common with this guy, I've been intentionally going broke for years now.

In all seriousness, this is a great gesture. It however shouldn't be needed. As a society we are failing ourselves.


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OfflineYokal
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Re: Billionaire intentionally goes broke. [Re: christopera]
    #26956638 - 09/26/20 07:57 PM (3 years, 4 months ago)

Legalize being homeless and itll fix itself


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OfflineGorlax
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Re: Billionaire intentionally goes broke. [Re: Yokal]
    #26956849 - 09/26/20 11:22 PM (3 years, 4 months ago)

It is really hard to trust anything an iphone recommends or apple. Fucking billionaires and multimillionaires just playing with your head. They def have secret trusts for their children.


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OfflineEzuma
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Re: Billionaire intentionally goes broke. [Re: Gorlax]
    #26957626 - 09/27/20 03:47 PM (3 years, 4 months ago)

Eat the rich!

honestly though that's about as based as a billionaire can be :thumbup:


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OfflineSeriously_trippin
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Re: Billionaire intentionally goes broke. [Re: Ice9]
    #26957971 - 09/27/20 08:09 PM (3 years, 4 months ago)

Quote:

Ice9 said:
Quote:

AlphaStar said:
Yeah I saw that too bro.

I think its kind of bullshit though. 1 single billionaire could essentially end homelessness in America.

And we have hundreds of them at least.

But instead they five money to charities or some shit




He started a whole movement among billionaires to give away most of their fortunes before they die.  As long as it goes to a worthy cause (and this guy seems like the type to do his homework) who gives a fuck where it goes, its improving the world.  Doesn't capitalism often use the adage a rising tide lifts all ships... that's what he did, and inspired others to do.  Clearly a remarkable individual.



I sure hope he does inspire other billionaires. If every billionaire was like Bill Gates or even better this guy it would solve a lot of real problems. To billionaires that hoard money to keep the family fortune to keep numbers high on a screen that displays there fortune virtually while people die of starvation fuck you.


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Etched in the sands of time in the shroomery and ever so beloved and deeply missed by many :heart:


Edited by Seriously_trippin (09/27/20 08:12 PM)


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InvisibleAsante
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Re: Billionaire intentionally goes broke. [Re: Ice9]
    #26958279 - 09/28/20 04:05 AM (3 years, 4 months ago)

Quote:

Ice9 said:
This 89-Year-Old Billionaire Finally Achieved His Goal of Going Broke After Years of Secret Donations





Admirable as that may be, he could have done better still.

Said as one good guy to the other.

With that money he could have created a self perpetuating charity that lived on long beyond his years, every year donating to causes he held dear.

Nobel created the Nobel Prize, a long lasting self perpetuating organization that earns its own money and does its beneficial works through that.

He could have done that for charity, for the causes he believes in.

He could have just put 2 billion into the equivalents of the S&P 500's of the major powers of the world each, and the advance of humanity would be payout for his charitable work.

Thats more intelligent use of the capital than just spending it all. It would pump money from the stock exchange directly into the charitable causes perpetually, while helping both.


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OfflineIce9
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Re: Billionaire intentionally goes broke. [Re: Asante]
    #26958401 - 09/28/20 07:18 AM (3 years, 4 months ago)

Quote:

Asante said:
Quote:

Ice9 said:
This 89-Year-Old Billionaire Finally Achieved His Goal of Going Broke After Years of Secret Donations





Admirable as that may be, he could have done better still.

Said as one good guy to the other.

With that money he could have created a self perpetuating charity that lived on long beyond his years, every year donating to causes he held dear.

Nobel created the Nobel Prize, a long lasting self perpetuating organization that earns its own money and does its beneficial works through that.

He could have done that for charity, for the causes he believes in.

He could have just put 2 billion into the equivalents of the S&P 500's of the major powers of the world each, and the advance of humanity would be payout for his charitable work.

Thats more intelligent use of the capital than just spending it all. It would pump money from the stock exchange directly into the charitable causes perpetually, while helping both.



Quote:

Asante said:
Quote:

Ice9 said:
This 89-Year-Old Billionaire Finally Achieved His Goal of Going Broke After Years of Secret Donations





Admirable as that may be, he could have done better still.

Said as one good guy to the other.

With that money he could have created a self perpetuating charity that lived on long beyond his years, every year donating to causes he held dear.

Nobel created the Nobel Prize, a long lasting self perpetuating organization that earns its own money and does its beneficial works through that.

He could have done that for charity, for the causes he believes in.

He could have just put 2 billion into the equivalents of the S&P 500's of the major powers of the world each, and the advance of humanity would be payout for his charitable work.

Thats more intelligent use of the capital than just spending it all. It would pump money from the stock exchange directly into the charitable causes perpetually, while helping both.




How do you know that the charities he gave money to did not do exactly that, create charitable endowments to get the greatest use of the the money donated to them?  Curious, do you think they got the donations and just went on shopping sprees?  Your argument precludes the fact that charities are doing exactly the same as the Nobel Prize Endowment.  This is a myopic argument, and one hardly worth pointing out as its flaws are pretty self-evident. 

And this includes the fact that he inspired the Bill and Melinda gates fund, as well as other billionaires to donate significant portions of their wealth before death.  Criticizing his actions as they were good, but could have been better is a false equivalency, and outright ignores all the other good (arguably far greater than a simple endowment) would have done.

This is like the thread you locked that I was part off, where you quoted 2 favorable quotes of the OP then lockeds it, but did not quote my original statement statement when I make it clear that their is a duty to retreat or seek cover and violence is only a last resort for example:

You are hiking a long trail about 50km form any one or any help, you hear muffled screams and struggling off the trail.  You investigate and find a person being forcibly raped.  You pull the attacker off, but then what?  The rapist gets up and comes at you with possible lethal intent, do you defend yourself, and thus the vulnerable individual who was being raped, or because there is "no reason to punch someone ever" you let the attacker assault you, then get back to committing an atrocity against another human. I mean that's what in that thread the OP was arguing for(in not so many words) and what in my initial statement I argued against, that in moments of last resort violence is a viable, justifiable means, and may in fact be a moral obligation to uphold the social contract.

TL:DR You either do not always think things through, or are outright disingenuous(I prefer to believe it is the former as you seem like a really good guy), I know modding is a lot of work, but any job worth doing should be done correctly.


--------------------
The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man. -- George Brenard Shaw


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InvisibleAsante
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Re: Billionaire intentionally goes broke. [Re: Ice9]
    #26958447 - 09/28/20 08:22 AM (3 years, 4 months ago)

Quote:

How do you know that the charities he gave money to did not do exactly that




I wasn't commenting on that, I was commenting on that HE didn't do it.

Quote:

he inspired the Bill and Melinda gates fund, as well as other billionaires to donate significant portions of their wealth before death.




Thats the effect it had on other people though.

Quote:

Criticizing his actions as they were good, but could have been better is a false equivalency




No, it's a perfectly normal way to respond to his actions. He has done a great thing but he could have done even better.

Quote:

This is like the thread you locked that I was part off, where you quoted 2 favorable quotes of the OP then lockeds it, but did not quote my original statement


|

Ah so this is the real reason why you are up in arms.

I do not even know which thread you are speaking of, can you link it?


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OfflineIce9
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Re: Billionaire intentionally goes broke. [Re: Asante]
    #26958463 - 09/28/20 08:37 AM (3 years, 4 months ago)

So let me pre-face this with a big yes, this thread deserved to be locked.  It is also not why I "am up in arms" about the billionaire thread. More on that in a bit.

This is the locked thread it devolved into a complete shit show, which I admit I willingly participated in and definitely deserved to be locked.

The billionaire thing, just because a thing can be done better does not mean it deserves criticism.  Many, many things in this world could be be done better at first, but if we strived for perfection at the first try, nothing would ever even be attempted.  I think that is what bother me most.  This man, in secrecy, acted out of good will and charity.  It may not have been perfect, but there weren't too many others in his situation doing the same.  Now, others have taken up a similar philanthropic cause and modified, to be more long term, to potentially have larger benefits for the world.  Would these other billionaires have acted without this initial inspiration?  I don't know, I do know that Bill Gates said the Giving Pledge and his and his wife's foundation were directly inspired by this man's actions.  He may have been a drop in pond that sends ripples out in all directions that become waves.


--------------------
The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man. -- George Brenard Shaw


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