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(CNBC)   CEO of luxury company tells Americans to quit biatching about being poor because they're probably wealthy compared to people in India   (cnbc.com) divider line 279
    More: Dumbass, Squawk Box  
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5940 clicks; posted to Main » on 12 Feb 2014 at 9:04 PM (27 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



279 Comments   (+0 »)
   
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2014-02-12 08:03:35 PM
ah yes, the ever popular 'they have cell phones and a refrigerator, they should be happy' meme.  lovely.  just lovely.
 
2014-02-12 08:06:20 PM
This myth that poor Americans are richer than the average people in other countries has to be dispelled.

There are new millionaires popping up all over the world, in places that we like to think of as poor or developing nations. It's because the economy is shifting away from the West and towards the eastern hemisphere. People are becoming rich on real estate deals, construction, and manufacturing.

Go visit SE Asia and look at the construction projects taking place there. They can't build skyscrapers fast enough in Ho Chi Minh City.

There are still plenty of poor people all over the world, but the quality of life in the US for anyone below poverty level is getting worse. The US is expensive. Child care, health care, food and other costs are high, compared with countries like India and Thailand.

This mentality that our poor are better off than the poor in other countries is just wrong.
 
2014-02-12 08:07:14 PM
I always thought it was only a matter of time before people start breaking out the torches and pitchforks because of rich people saying stupid crap like this.
But it hasn't happened yet, and now I'm wondering if it will happen at all. Maybe the American people really have bought into the idea that wealth = worth?
 
2014-02-12 08:10:18 PM
I'll be he thinks the poor should eat cake, too.
 
2014-02-12 08:12:54 PM
3.bp.blogspot.com
 
2014-02-12 08:14:08 PM
Hey you farker

We are the ones who keep you rich. Show us some appreciation
 
2014-02-12 08:16:52 PM

cman: Hey you farker

We are the ones who keep you rich. Show us some appreciation


I believe we are supposed to grovel before our rich overlords and beg forgiveness for being born poor.  then we'll get to live in heaven and f*ck Virginians.  er...virgos.  um...vegans?  something anyways.  I dunno.  I can't keep track of everyone's afterlives anymore.
 
2014-02-12 08:23:13 PM
Terrible logic from this CEO. Claiming our poor are wealthy as compared to 99% of the rest of humanity leaves out other First World countries like Japan, Canada, Iceland, France, Germany, and even Second World countries.  The dumbass is lumping our poor with the Third World, forgetting about our own Fourth World populations.

/He's not been to any remote American Indian reservations like Pine Ridge obviously.
 
2014-02-12 08:24:15 PM

cman: Hey you farker

We are the ones who keep you rich. Show us some appreciation


You're kidding, right? He seems to have an over-inflated opinion about himself.
 
2014-02-12 08:25:35 PM

Weaver95: ah yes, the ever popular 'they have cell phones and a refrigerator, they should be happy' meme.  lovely.  just lovely.


Did you know that some of them EVEN have PS2 and Xboxes?

PINOS, all of them.
 
2014-02-12 08:42:18 PM
I wonder if that's true once you factor in debt
 
2014-02-12 08:47:54 PM
I'm trying to do my part to make sure poor people can't afford refrigerators.

But I'm only one man.
 
2014-02-12 08:54:25 PM
Cool, asshole, trade me salaries 1 year, let's see how well you do, savings untouched.
 
2014-02-12 09:06:29 PM
So are we now holding our standards to a third world country? What ever happened to the American Exceptionalism that they kept screaming about last election?
 
2014-02-12 09:06:37 PM
1.bp.blogspot.com
 
2014-02-12 09:07:33 PM
I remember hearing Newt Gingrich say in the early fall of 2008 as it was all falling apart that America should be more like China, India, and Northern Ireland going forward into the 21st Century, so I'm not real surprised.
 
2014-02-12 09:07:34 PM
Someone should take this asshole and force him to live on $35,000 a year. Give him a kid or two to take care of into the bargain. See how well he does maintaining any reasonable standard of living while planning for future expenses. See how his retirement scenarios look. See how much access his kids have to extracurricular activities and higher education. Place him in New York or LA for a real good look at how how stupid it is to pretend $35,000 is the same everywhere.

That would certainly be a lot nicer outcome for him than he deserves, anyway.
 
2014-02-12 09:12:10 PM
"Religion is what keeps the poor from murdering the rich."
Napoleon Bonaparte

Religion is going out of style
 
2014-02-12 09:12:26 PM
It's easier to understand when you realize that he hates you.
 
2014-02-12 09:12:44 PM
So what he is saying is to work in the US but live in India.
 
2014-02-12 09:14:26 PM
Shut up and eat your cake, ya filthy peasants.
 
2014-02-12 09:14:46 PM

Deep Contact: So what he is saying is to work in the US but live in India.


Well, you only work a few hundred hours out of a year, right?
 
2014-02-12 09:15:00 PM
Shall I get the torches and the pitchforks?

/ do these people not realize what happens to rich, entitled people; who tell the 99% that they should eat cake?
 
2014-02-12 09:15:01 PM
By that metric, their shareholders should STFU because as poor as their stock is performing, it's better than WorldCom and Enron.
 
2014-02-12 09:15:16 PM
Hey, poor!  You don't have to be poor any more!

Jesus is here!
 
2014-02-12 09:16:03 PM

RedPhoenix122: Cool, asshole, trade me salaries 1 year, let's see how well you do, savings untouched.


Hell, this guy could probably buy off 30 of his employees so they'd never have to work again in their lives, and still have enough annual income left over so that he wouldn't have to dig into his Cayman accounts at all for his new annual yacht.
 
2014-02-12 09:16:13 PM
That would be an excellent argument if, you know... WE LIVED IN INDIA.
 
2014-02-12 09:16:47 PM
Google for foxconn dormitories. This is what the gutting of the middle class will bring about after the shanty town slums take over the urban peripheral. Of particular note is this Atlantic article that shows the engineers dorm. What would get you a high end lifestyle in the US gets you a four bed dorm room.This is what they are talking about when they discuss abolishing the minimum wage.

http://www.theatlantic.com/international/archive/2012/10/inside-foxc on n-3-some-dormitories/263900/
 
2014-02-12 09:16:57 PM
Remember this feeling. It's when you realized that the days of the Ancien Regime were numbered.
 
2014-02-12 09:17:47 PM
I can't get enough of the Elitist CEO videos that keep popping up everywhere.  I'm saving them for the revolution.

I think every time one of these jerks opens their facehole, they should be sentenced to work for two weeks in a soup kitchen handing out food to the poor so they can see just what kind of people are on the bottom.  Single parents, mentally ill, addicts, people bankrupted by health costs, handicapped and alone.. not everyone is "lazy" and "entitled".  That's a strawman they use to feel justified in hoarding wealth and pocketing politicians to keep corporate tax rates low.
 
2014-02-12 09:18:07 PM

Glitchwerks: Hey, poor!  You don't have to be poor any more!

Jesus is here!


Give me a dollah, oh risen one.
 
2014-02-12 09:18:59 PM
It's ok.  Mr. Prezzy signed an executive order to increase minimum wage so prices will increase on food etc, leaving us in the same boat we were in.  But that's all good for the government, because the higher the check amount the more taxes coming out. 

Ah working at a payroll company.
 
2014-02-12 09:19:02 PM

Glitchwerks: Hey, poor!  You don't have to be poor any more!

Jesus is here!


Excellent reference.
 
2014-02-12 09:19:16 PM
So this asshole has all of us to thank for his undeserved lifestyle and then he has the courage to blame the poor?

Strip him and his family of all their wealth and throw them into the street.

The rich are the true burden on society. Free loaders who survive on our collective effort and contribute nothing in comparison to their perceived value.
 
gja [TotalFark]
2014-02-12 09:19:23 PM
BWAHAHAHAHA, what a farking TOOL!
 
2014-02-12 09:19:33 PM

ImpendingCynic: By that metric, their shareholders should STFU because as poor as their stock is performing, it's better than WorldCom and Enron.


largely, who do you those shareholders are? Hint, it isn't you are me.
 
2014-02-12 09:19:41 PM

Via Infinito: Maybe the American people really have bought into the idea that wealth = worth?



So long as they understand that income =/= wealth.  Weird how the two have become conflated.


Anyway, compared to my depression era grandparents, who struggled mightily early on, I do feel like I live a pretty cushy life.

Well, compared to my maternal grandparents, that is.

Fathers parents were from old land money and their memories of the depression years were mostly of the awesome parties.
 
2014-02-12 09:19:44 PM

Rapmaster2000: It's easier to understand when you realize that he hates you.


If he gave any thought at all to the rest of us, you'd probably be right.
 
2014-02-12 09:20:55 PM

cwolf20: It's ok.  Mr. Prezzy signed an executive order to increase minimum wage so prices will increase on food etc, leaving us in the same boat we were in.  But that's all good for the government, because the higher the check amount the more taxes coming out. 

Ah working at a payroll company.


You don't know what you're talking about.
 
2014-02-12 09:21:32 PM

cman: We are the ones who keep you rich. Show us some appreciation


LOL.  You think that you have anything to do with my wealth?  If I rounded up all the workers in my factories and threw them into a bottomless pit, and personally ran the factories, I could double the output of my goods.  I am not only the best businessman who has ever lived, but the best worker.  But I don't waste my time doing things that I can put poor people to work doing.  I have very important things to do.  There are people on internet message boards who are flat-out wrong, and they need to be told this.  That is why you are poor and I am a billionaire who posts on the internet, calling people out on their lies.
 
2014-02-12 09:21:32 PM
I use that line of reasoning to get through my day. E.g., I might have crappy teeth, bipolar disorder and a collapsing spine, but at least all four limbs work and I don't have cancer. And especially in Lexington KY's recent cold snap I've thought many times "at least I'm not stuck being homeless in the cold when it feels like -8." But SSI won't pay me if I move to a village in India, and it's got to suck being a sickly old fool when you don't speak the language. So rather than reducing me to India's poverty levels, how about finding a way to bring them up to mine?
 
2014-02-12 09:22:17 PM

Weaver95: ah yes, the ever popular 'they have cell phones and a refrigerator, they should be happy' meme.  lovely.  just lovely.


Worse. The american poor is ONLY better off than the Indian poor because of infrastructure and safety nets. These are things the right constantly speaks of eliminating (well, privatizing in the former case).

Then you have someone equally starving but now worse off because they are trapped in a country that has no place in the system for them. 3rd world areas have a place for poor people. A sucky place, but a place nonetheless.

We would have millions with no house money or chance at a job, but being homeless is often illegal, and there is no rural frontier to legally act as a pressure release valve.


Kind of like how the poorest haitians did the best in the earthquake, the poorest nations actually have a somewhat survivable poverty state. We have either a safety net, or be a thief.
 
2014-02-12 09:22:41 PM

cwolf20: It's ok.  Mr. Prezzy signed an executive order to increase minimum wage so prices will increase on food etc, leaving us in the same boat we were in.  But that's all good for the government, because the higher the check amount the more taxes coming out. 

Ah working at a payroll company.


Yep, that'll happen.
 
2014-02-12 09:22:56 PM
Do 25% of workers really make $91k+ a year?  I'm grossly underpaid.
 
2014-02-12 09:23:08 PM
The funniest part is the guy from Skeeter Holler living in a double-wide reading this article, leaning back to survey his Smokey and the Bandit commemorative plates, his Dale Jr. tire and his complete VHS collection of the Jeff Foxworthy show and thinking "He's raiht. It's tough being on top the heap."
 
2014-02-12 09:23:36 PM
Poor Poor Pitiful you guys biatching about being poor and throwing money at Drew
 
2014-02-12 09:24:37 PM
Wow, American poors are a mouthy, entitled bunch.
 
2014-02-12 09:27:26 PM
I hate po' folks. Makes my life so much easier to live that way. Bring me a Bud Light Jeeves.....
 
2014-02-12 09:28:58 PM

Mike_LowELL: cman: We are the ones who keep you rich. Show us some appreciation

LOL.  You think that you have anything to do with my wealth?  If I rounded up all the workers in my factories and threw them into a bottomless pit, and personally ran the factories, I could double the output of my goods.  I am not only the best businessman who has ever lived, but the best worker.  But I don't waste my time doing things that I can put poor people to work doing.  I have very important things to do.  There are people on internet message boards who are flat-out wrong, and they need to be told this.  That is why you are poor and I am a billionaire who posts on the internet, calling people out on their lies.


I love you.
 
2014-02-12 09:31:16 PM

yakmans_dad: cwolf20: It's ok.  Mr. Prezzy signed an executive order to increase minimum wage so prices will increase on food etc, leaving us in the same boat we were in.  But that's all good for the government, because the higher the check amount the more taxes coming out. 

Ah working at a payroll company.

You don't know what you're talking about.


Tax part yes.  The 7.25 an hour check has an increase in taxes compared to the previous minimum wage level.
 
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