FARK.com: (7478112) The super-rich are going nuts buying up art, creating an art bubble by spending millions for pieces that aren't even a decade old. Please

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		The super-rich are going nuts buying up art, creating an art bubble by spending millions for pieces that aren't even a decade old. Please - won't somebody think of the super-rich? (thedailybeast.com)		15
		More: Silly, Blake Gopnik, Damien Hirst, gay icons, total sales, fundamental structure, Jeff Koons

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3230 clicks; posted to Main » on 10 Dec 2012 at 12:45 PM | Favorite | share:

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wambu		2012-12-10 12:57:23 PM

2 votes:

I have some art I'd like to sell them.

FlashHarry		2012-12-10 08:22:45 AM

2 votes:

this is why we can't raise taxes on them by even a penny.*

*this is what republicans actually believe.

Onkel Buck		2012-12-10 01:56:00 PM

1 votes:

Well they are gonna need to have something in their homes for us poors to loot since they are hiding their money.

big pig peaches		2012-12-10 01:07:52 PM

1 votes:

This is kind of like beanie babies for the wealthy.

Bullseyed		2012-12-10 12:59:23 PM

1 votes:

"The super-rich are going nuts buying up art, creating an art bubble by spending millions for pieces that aren't even a decade old. Please - won't somebody think of the super-rich?"

Not sure why subby picked contradictory statements. When the bubble pops, hundreds of people who "made a living" as artists will be unemployed. Somebody should probably think of them because I'm sure they're loud mouth ultra liberals and they'll go occupy something and cry.

PirateKing		2012-12-10 12:57:04 PM

1 votes:

LL316		2012-12-10 12:56:51 PM

1 votes:

FlashHarry: this is why we can't raise taxes on them by even a penny.*

*this is what republicans actually believe.

This is what Democrats actually believe Republicans believe.

tiamet4		2012-12-10 12:52:46 PM

1 votes:

FlashHarry: this is why we can't raise taxes on them by even a penny.*

*this is what republicans actually believe.

Well after they spend $34 million on a painting no one will care about in 10 years, how do you expect them to give us those sweet sweet (minimum wage, no benefits) jobs if we make them pay taxes too?

Papa John's pizza might even have to go up 12 cents to cover our ingratitude.

ManateeGag		2012-12-10 10:19:23 AM

1 votes:

I thought they were supposed to be creating jobs with all their millions.

gopher321		2012-12-10 10:17:35 AM

1 votes:

UberDave: Cool. My work, "Ass Cheeks on Canvas", may fetch a pretty penny...

Hah! That's so pre-2010...the avant-garde now are doing works like "Balls Dipping on Homeless Guy"

The Stealth Hippopotamus		2012-12-10 10:12:54 AM

1 votes:

But the rich just hide all that money in off shore accounts and in their mattresses. How dare they spend money and generate taxable activity! We must raise taxes on art to discourage this behavior!!