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PostPosted: Mon Feb 10, 2014 11:48 am 
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Financial problems, debt, & being over extended are some of the leading causes of divorce, depression, & addiction.



Not sure that's true. I'm guessing there are more suicides in Winnetka and Highland Park than Streamwood and Englewood.

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PostPosted: Mon Feb 10, 2014 11:51 am 
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Crystal Lake Hoffy wrote:
Money is a means to an end. If your end is to acquire the most money, you will never be happy because you will never have the most money. If your means to an end is happiness, then money shouldn't matter.



Agreed...if people don't want to maximize income, that's great. There are better goals in life.

Interesting how the White House and liberal media are spinning the CBO report: the labor force will be reduced by 2.5m people thanks to the "liberating" effect of Obamacare. But you can't make the case for government giving subsidies to increase leisure time and at the same time complain that we have a wealth inequality problem.

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PostPosted: Mon Feb 10, 2014 1:28 pm 
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Boilermaker Rick wrote:
leashyourkids wrote:
Let's say everyone in the current world was thrown on an island. We all had to struggle for resources. Do you think that Sam fucking Zell would be one of the remaining survivors? Of course not. That alone tells you that we abandoned survival of the fittest thousands of years ago.
FYI, this exact reasoning could also be used to explain away all the bad things that happen on Wall Street. If you want to act like it is some great feat that Sam Zell at his current age would be murdered by bigger and stronger men then you should also find it to be some great feat that the guys on Wall Street are able to dominate us in the current system we have.

I absolutely hate that analogy or whatever you even want to call it.

It should be pointed out that Sam Zell came from immigrant parents who were fleeing the nazi's and built virtually his whole life on his own. You may want to save the "survival of the fittest" is gone thing when talking about him.


I would expect you to hate the analogy. It forces you to think outside the confines of the current dynamic in which you exist, which you are clearly never comfortable with, no matter the issue.

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PostPosted: Mon Feb 10, 2014 1:31 pm 
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leashyourkids wrote:
I would expect you to hate the analogy. It forces you to think outside the confines of the current dynamic in which you exist, which you are clearly never comfortable with, no matter the issue.
Your responses are sad and predictable.

Every post you make doesn't have to include some grand pronouncement about me.

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PostPosted: Mon Feb 10, 2014 1:32 pm 
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Boilermaker Rick wrote:
Joe Orr Road Rod wrote:
You're assuming that the young Sam Zell got to where he is based on "hard work" (the fallacy that started this thread) rather than on a chance meeting with Bob Lurie.
It seems like you think everyone who has success simply got lucky.

Sam Zell clearly worked hard. Of course there was luck involved. Everyone has luck involved in everything. It's hard to come up with anything in my life that doesn't have at least something to do with luck.


A great number of billionaires are nothing but lucky, the Sam Zell argument not withstanding.

Billionaires are typically born rich. They can purchase companies and bankrupt them and face no repercussions. They face no repercussions because they have created our current power dynamic. If Sam Zell or Donald Trump or the idiot who wrote "Rich Dad, Poor Dad" bankrupt a company, they are insulated from any loss because they have lawyers and corporations and laws they created.

If you or I "bankrupt" our family or fail to pay our mortgage, we are broke. That's because we don't get to make laws and we weren't born into money that allowed us to make laws. Oh... but maybe we can just work harder and make up the difference.

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PostPosted: Mon Feb 10, 2014 1:33 pm 
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Boilermaker Rick wrote:
leashyourkids wrote:
I would expect you to hate the analogy. It forces you to think outside the confines of the current dynamic in which you exist, which you are clearly never comfortable with, no matter the issue.
Your responses are sad and predictable.

Every post you make doesn't have to include some grand pronouncement about me.


:lol:

I wouldn't if you weren't SO predictable. And I mean that. You are absolutely 100% predictable in every discussion we ever have.

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PostPosted: Mon Feb 10, 2014 1:36 pm 
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leashyourkids wrote:
You are absolutely 100% predictable in every discussion we ever have.
There we go again.

Does it make you feel better to say things like that?

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PostPosted: Mon Feb 10, 2014 1:36 pm 
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Darkside wrote:
Once again. Because somehow people like joor keep missing this.
Hard work is no guarantee of success. But it certainly improves the odds.
Success is not necessarily becoming a billionaire. It can be a modest home and decent amenities.
It's beyond obvious that hard work increases your odds of getting this level of success. It's obvious that if you don't work hard you diminish your odds.
L


Really? I think you are assuming a lot of things here. There is a woman who serves coffee at 7-11 where I live... HARD worker. She will never be financially secure because she works at 7-11 and her skills probably aren't "transferrable." Is she any more likely to make a ton of money than the guy at 7-11 who slacks off?

Anyway, that's not even the argument. As JORR stated, Sam Zell just insulted everyone on this board and in society who isn't a 1%er. And yet, a lot of you stand up for the 1%ers despite your hard work and expertise. Why are you defending Sam Zell?

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PostPosted: Mon Feb 10, 2014 1:37 pm 
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Boilermaker Rick wrote:
leashyourkids wrote:
You are absolutely 100% predictable in every discussion we ever have.
There we go again.

Does it make you feel better to say things like that?


A little. It's funny because I think you view the world from the perspective of Ward Cleaver.

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PostPosted: Mon Feb 10, 2014 1:41 pm 
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Jaw Breaker wrote:
Interesting how the White House and liberal media are spinning the CBO report: the labor force will be reduced by 2.5m people thanks to the "liberating" effect of Obamacare. But you can't make the case for government giving subsidies to increase leisure time and at the same time complain that we have a wealth inequality problem.


Interesting how you misread/misconstrue the CBO report. And then use that to oddly insert talking points unrelated to this thread.

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PostPosted: Mon Feb 10, 2014 1:41 pm 
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leashyourkids wrote:
Boilermaker Rick wrote:
leashyourkids wrote:
You are absolutely 100% predictable in every discussion we ever have.
There we go again.

Does it make you feel better to say things like that?


A little. It's funny because I think you view the world from the perspective of Ward Cleaver.
Sounds like you spend a lot of time thinking about me.

I think you view the world by taking down others because your posts lack the content or thought to stand on their own.

Even now, you are basically parroting things JORR has said multiple times. Oh, some billionaires inherited wealth! What an amazing thought! A 7-11 clerk works hard! WOW! I never could have thought of such a thing.

I guess we both have very little respect for how the other person thinks which is cool. I'll survive with you thinking that I'm simply a guy who follows whatever is considered the popular answer and be just fine with it.

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PostPosted: Mon Feb 10, 2014 1:45 pm 
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Regular Reader wrote:
Jaw Breaker wrote:
Interesting how the White House and liberal media are spinning the CBO report: the labor force will be reduced by 2.5m people thanks to the "liberating" effect of Obamacare. But you can't make the case for government giving subsidies to increase leisure time and at the same time complain that we have a wealth inequality problem.


Interesting how you misread/misconstrue the CBO report. And then use that to oddly insert talking points unrelated to this thread.

JawB is usually pretty level headed. Id like him to expound on that.

Specifically, were not losing 2.5m jobs. The CBO reports shows a netgain


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PostPosted: Mon Feb 10, 2014 1:47 pm 
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The argument isn't whether we here at CSFMB are happy and secure and make enough money. It is whether Sam Zell's proclomation that everyone should emulate the 1% and look up to them as heroes...

When did bankrupting companies and laying people off become a virtue in our society? When did cutthroat bullshit perpetrated by spoiled little brats born with silver spoons become something to strive for? Maybe it was always. Maybe I am naive. But if it's not new, I look down on past generations for not calling the "successful ones" earlier.

And my problem (and most people's problems) isn't the fact that billionaires exist and the middle class exists. It's that there are tremendous billionaires in this world and there are also kids who have to sleep without heat or struggle to find meals. If these billionaires aren't tremendous philanthropists, they are akin to terrorists, IMO.

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PostPosted: Mon Feb 10, 2014 1:55 pm 
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Boilermaker Rick wrote:
leashyourkids wrote:
Boilermaker Rick wrote:
leashyourkids wrote:
You are absolutely 100% predictable in every discussion we ever have.
There we go again.

Does it make you feel better to say things like that?


A little. It's funny because I think you view the world from the perspective of Ward Cleaver.
Sounds like you spend a lot of time thinking about me.

I think you view the world by taking down others because your posts lack the content or thought to stand on their own.

Even now, you are basically parroting things JORR has said multiple times. Oh, some billionaires inherited wealth! What an amazing thought! A 7-11 clerk works hard! WOW! I never could have thought of such a thing.

I guess we both have very little respect for how the other person thinks which is cool. I'll survive with you thinking that I'm simply a guy who follows whatever is considered the popular answer and be just fine with it.


Do you need a tissue?

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PostPosted: Mon Feb 10, 2014 1:56 pm 
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At least you didn't steal more of JORR's material for that one!

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PostPosted: Mon Feb 10, 2014 2:07 pm 
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So are there actually parents here who are teaching their kids that hard work & diligence doesn't matter & that their success will simply be a matter of luck, timing & who they might meet?

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PostPosted: Mon Feb 10, 2014 2:09 pm 
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leashyourkids wrote:
The argument isn't whether we here at CSFMB are happy and secure and make enough money. It is whether Sam Zell's proclomation that everyone should emulate the 1% and look up to them as heroes...

When did bankrupting companies and laying people off become a virtue in our society? When did cutthroat bullshit perpetrated by spoiled little brats born with silver spoons become something to strive for? Maybe it was always. Maybe I am naive. But if it's not new, I look down on past generations for not calling the "successful ones" earlier.

And my problem (and most people's problems) isn't the fact that billionaires exist and the middle class exists. It's that there are tremendous billionaires in this world and there are also kids who have to sleep without heat or struggle to find meals. If these billionaires aren't tremendous philanthropists, they are akin to terrorists, IMO.


I don't think he is asking the 99% to treat the 1% as heros. I agree, people like Zell have had to work hard. As I said in a previous post, work doesn't mean actual labor or even work directly related to a task. Working hard includes leadership, philanthropy, building financial and industrial expertise, etc. Most people I work with come to work every day from 9 to 5 and care little about these factors. They just want to do their tasks and get paid for it.

This drives into a key point. Companies going bankrupt and laying people off are not virtues. Businesses of all sizes are competing in a global market like no time before. Many feel little to no ethical responsibility to the people who work for them, nor the people who consume their products. We can argue whether or not this is right, but the reality is that people like Zell need to stay ahead in this ultra-competitive environment, and as a result, need workers to do more than just come to work from 9 to 5 and do their tasks. These problems are not the fault of silver spoons or playboy billionaires. These problems are the result of capitalism's shakeout in a global arena.

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PostPosted: Mon Feb 10, 2014 2:10 pm 
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Scorehead wrote:
So are there actually parents here who are teaching their kids that hard work & diligence doesn't matter & that their success will simply be a matter of luck, timing & who they might meet?

As usual, your comprehension gets in the way.


No one has said hard work doesnt matter. Not one person.


Hard work is not a guarantee of anything, as you've said.


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PostPosted: Mon Feb 10, 2014 2:12 pm 
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Boilermaker Rick wrote:
At least you didn't steal more of JORR's material for that one!


I don't know. JORR does tend to make you look foolish quite often. The philosophy is similar, at least.

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PostPosted: Mon Feb 10, 2014 2:15 pm 
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rogers park bryan wrote:
Scorehead wrote:
So are there actually parents here who are teaching their kids that hard work & diligence doesn't matter & that their success will simply be a matter of luck, timing & who they might meet?

As usual, your comprehension gets in the way.


No one has said hard work doesnt matter. Not one person.


Hard work is not a guarantee of anything, as you've said.


Ok. Now lets tackle abortion, the death penalty, & religion!

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PostPosted: Mon Feb 10, 2014 2:15 pm 
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Once you reach a certain point you forget that there were breaks that fell your way. You just focus on what you did and think you 'made your own luck'. That's an easy way to think when you have been on top for a good portion of your adult life.

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PostPosted: Mon Feb 10, 2014 2:18 pm 
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Hank Scorpio wrote:
Once you reach a certain point you forget that there were breaks that fell your way. You just focus on what you did and think you 'made your own luck'. That's an easy way to think when you have been on top for a good portion of your adult life.


This is a great statement. It's easy to stand on the mountain top and yell down at those at the bottom about hard work. Would Sam Zell confidently go back to his childhood and have faith that he would end up in the same place?

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PostPosted: Mon Feb 10, 2014 2:20 pm 
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And sometimes we dont even understand how good we have it. There were periods of my life where I thought I was poor. Then I saw what poor actually is and realized I was middle class.


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PostPosted: Mon Feb 10, 2014 2:22 pm 
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leashyourkids wrote:
Would Sam Zell confidently go back to his childhood and have faith that he would end up in the same place?


Of course he would. Guys like that operate on confidence/delusion.

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PostPosted: Mon Feb 10, 2014 2:23 pm 
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rogers park bryan wrote:
And sometimes we dont even understand how good we have it. There were periods of my life where I thought I was poor. Then I saw what poor actually is and realized I was middle class.


Absolutely true. It also works the other way. I would imagine most people on this board make less than half a mil a year. Proportionally, here is what we all look like on a wealth chart:

Sam Zell
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|<--------Us
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|<--------Poor Lady on food stamps

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PostPosted: Mon Feb 10, 2014 2:26 pm 
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rogers park bryan wrote:
And sometimes we dont even understand how good we have it. There were periods of my life where I thought I was poor. Then I saw what poor actually is and realized I was middle class.
Ultimately, this is the lesson Sam Zell was trying to teach all of us in his own special way.

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PostPosted: Mon Feb 10, 2014 2:26 pm 
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It's not to say that he didnt work hard to get where he is. I just think the more successful you are the more you forget the help you got getting there, because right now he doesnt need help. He is at the economic scale where he does truly make his own luck. If he needs a law changed he lobbies for it, if he needs a permit he knows a politician to fast track it, if he needs to bankrupt a company he does it.

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PostPosted: Mon Feb 10, 2014 2:32 pm 
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leashyourkids wrote:
Absolutely true. It also works the other way. I would imagine most people on this board make less than half a mil a year. Proportionally, here is what we all look like on a wealth chart:

Sam Zell
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|Dr Ken
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| Where Scorehead tells everybody he is
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|Where Scorehead actually is
|<--------Us
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|<--------Poor Lady on food stamps

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PostPosted: Mon Feb 10, 2014 2:35 pm 
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Frank Coztansa wrote:
leashyourkids wrote:
Absolutely true. It also works the other way. I would imagine most people on this board make less than half a mil a year. Proportionally, here is what we all look like on a wealth chart:

Sam Zell
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|Dr Ken
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| Where Scorehead tells everybody he is
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|Where Scorehead actually is
|<--------Us
| Where Frank actually is
|<--------Poor Lady on food stamps


You're probably off by a couple of ticks...

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PostPosted: Mon Feb 10, 2014 2:42 pm 
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Sam Zell
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|Dr Ken
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| Where Scorehead tells everybody he is
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|Where Scorehead actually is
|<--------Us
| Where Frank actually is
|<--------Poor Lady on food stamps
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| Where Ikesouth is. No food stamps, No government checks, and I'm out of milk. :D

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