For the love of god or whoever … VOTE!

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Ponzio

Ponzio

Audioholic Samurai
At least Gore has done well for himself. I'd guess by now he's worth at least $350M:

Yes he's made money on a real existential threat to our world.

What kind of man does that, with the exception of Jeff Bezos, et all?

People getting rich in a time of crisis. Who'da thunk it Irv?
 
Irvrobinson

Irvrobinson

Audioholic Spartan
Yes he's made money on a real existential threat to our world.

What kind of man does that, with the exception of Jeff Bezos, et all?

People getting rich in a time of crisis. Who'da thunk it Irv?
Actually, the majority of Gore's fortune was made outside of his environmental agenda (at least 2/3, probably more IMO). The Al Jazeera Satellite Network and his long-term seat on the Apple BoD are apparently the two biggest single source factors. BTW, I'm not criticizing, I'm admiring.

As for Bezos and numerous other people who have dramatically increased their net worth during the pandemic, sometimes people can have just the right products at the right time, even when the time is a global emergency. Imagine what life might be like if the pandemic occurred in the 1970s, and we had to rely on the Sears catalog. :) Of course, Amazon makes much of their profit on cloud computing, and that transition was going to occur with or without the pandemic. Enterprise datacenters will not go completely extinct, but their population function is probably going to look like the buffalos'.
 
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lp85253

Audioholic Chief
Yes he's made money on a real existential threat to our world.

What kind of man does that, with the exception of Jeff Bezos, et all?

People getting rich in a time of crisis. Who'da thunk it Irv?
comparing al gore to bezos financially is like comparing a house cat to a tiger .... if your math is correct gore has about 1/300 of bezos wealth .. let that sink in for a minute.. edit: my point being is that people who have 10s to 100s of billions of $$$s are a threat to democracy based on assets alone .. they have too much power...
 
Trell

Trell

Audioholic Spartan
Actually, the majority of Gore's fortune was made outside of his environmental agenda (at least 2/3, probably more IMO). The Al Jazeera Satellite Network and his long-term seat on the Apple BoD are apparently the two biggest single source factors. BTW, I'm not criticizing, I'm admiring.

As for Bezos and numerous other people who have dramatically increased their net worth during the pandemic, sometimes people can have just the right products at the right time, even when the time is a global emergency. Imagine what life might be like if the pandemic occurred in the 1970s, and we had to rely on the Sears catalog. :) Of course, Amazon makes much of their profit on cloud computing, and that transition was going to occur with or without the pandemic. Enterprise datacenters will not go completely extinct, but their population function is probably going to look like the buffalos'.
As Jack Boogle, the founder of the Vanguard Group and the first retail index fund said: Performance comes and goes, but costs are forever.

The increase of net worth is in stock valuation for people like Bezos, and that comes and goes.
 
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lp85253

Audioholic Chief
As Jack Boogle, the founder of the Vanguard Group and the first retail index fund said: Performance comes and goes, but costs are forever.

The increase of net worth is in stock valuation for people like Bezos, and that comes and goes.
at that level, it mostly comes.. not so much goes
 
Irvrobinson

Irvrobinson

Audioholic Spartan
comparing al gore to bezos financially is like comparing a house cat to a tiger .... if your math is correct gore has about 1/300 of bezos wealth .. let that sink in for a minute
Your numbers are out of date. Bezos is worth about $200B, so it's about 1/571, if my calculator is correct.
 
Trell

Trell

Audioholic Spartan
comparing al gore to bezos financially is like comparing a house cat to a tiger .... if your math is correct gore has about 1/300 of bezos wealth .. let that sink in for a minute.. edit: my point being is that people who have 10s to 100s of billions of $$$s are a threat to democracy based on assets alone .. they have too much power...
The Koch brothers comes to mind that offers "Congressional welfare" for members of Congress that toe the line that otherwise has no marketable skills.

Edit: Unlike Al Gore :snicker:
 
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Irvrobinson

Irvrobinson

Audioholic Spartan
at that level, it mostly comes.. not so much goes
Oh yeah? Tell that to people invested in the oil and gas industry, the coal industry, the hospitality industry, the travel industry, or even IBM. :)
 
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Trebdp83

Audioholic Spartan
I've already ranted in other threads this morning and am actually embarrassed that I didn't begin the day thanking any and all of the veterans in this forum for their service. Your dedication and commitment to your country are to be admired even if you were drunk off of your ass when you signed up.:p I hope you are all well and enjoy your day.:)
 
afterlife2

afterlife2

Audioholic Warlord
I’m for one glad those commercial ads are longer showing, jeez was so fking tired of them. :)
 
Irvrobinson

Irvrobinson

Audioholic Spartan
comparing al gore to bezos financially is like comparing a house cat to a tiger .... if your math is correct gore has about 1/300 of bezos wealth .. let that sink in for a minute.. edit: my point being is that people who have 10s to 100s of billions of $$$s are a threat to democracy based on assets alone .. they have too much power...
How are billionaires a threat to democracy? The recent elections at various levels have shown a much reduced relationship between spending and election results. Biden and his benefactors vastly out-spent Trump and his, but in terms of the popular vote the presidential election was closer than I would have liked. The same is true for so many other elections. I think the threat to democracy is over-rated.
 
Trell

Trell

Audioholic Spartan
How are billionaires a threat to democracy? The recent elections at various levels have shown a much reduced relationship between spending and election results. Biden and his benefactors vastly out-spent Trump and his, but in terms of the popular vote the presidential election was closer than I would have liked. The same is true for so many other elections. I think the threat to democracy is over-rated.
As we are generalizing about billionaires: One major threat to democracy in US (and elsewhere) is offering very lucrative post-Congress positions (welfare, that is) for those members of Congress that acts as desired while members. I call that corruption, others calls it "seize the day".
 
Trell

Trell

Audioholic Spartan
Georgia is going to recount over five million votes BY HAND. Think about that and do the math.

Very, very fast hands are suddenly in great demand :D As the Republican Secretary of State said: (paraphrase) Won't change anything and are proud how the counting has been done.
 
Irvrobinson

Irvrobinson

Audioholic Spartan
As we are generalizing about billionaires: One major threat to democracy in US (and elsewhere) is offering very lucrative post-Congress positions (welfare, that is) for those members of Congress that acts as desired while members. I call that corruption, others calls it "seize the day".
That's a whole other issue, and in the US is so widespread.
 
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Trebdp83

Audioholic Spartan
How are billionaires a threat to democracy? The recent elections at various levels have shown a much reduced relationship between spending and election results. Biden and his benefactors vastly out-spent Trump and his, but in terms of the popular vote the presidential election was closer than I would have liked. The same is true for so many other elections. I think the threat to democracy is over-rated.
A billionaire is a threat like any other politician if he can convince you to spend your own money to get him elected. Doesn't work out too well when he spends his own. Just ask Mike Bloomberg. I think he blamed COVID-19 and filed a PUA claim.:p
 
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