Man, I wish the poor would stop whining...Follow

Since it's not a Masters level course the name of his published material didn't come up, just the subject of his thesis. I'll go to his office and ask him tomorrow. Can you be so kind as to link your bio and your published material so I can have something to compare it to?

Sure, right after I read his thesis you can read mine.

Of course mine will be about the socio dynamics of hindu paramilitary groups in Rajasthan, but on the other hand his is likely imaginary.

my point was that the total percentage in inherited money was on the decline.

Sure. No one's arguing that's not the case. See my post about it being self defeating.

The total percentage of people who can be considered "wealthy" say with a net worth in the top 1% who inherited over $100,000 from family is close to 100.

and that qualifies you as an expert on inhertiance how? And I would love to read it, but I have to wonder why you aren't confident enough in it to let me look at it before you see someone else's work?

I have to wonder why you aren't confident enough in it to let me look at it before you see someone else's work?

Because I find it likely that you're lying to bolster a failing argument and that Mr. McDermott's thesis doesn't exist.

So because I can't produce it right now I'm lying. By that logic, you haven't produced yours either, so you must be lying too.

So because I can't produce it right now I'm lying. By that logic, you haven't produced yours either, so you must be lying too.

That's certainly possible. I'm not, however, basing my entire argument on the internal bonding process of Hindu militants.

You're not hearing me. He inherited massive wealth and either hired people to manage it for him (since his inheritance allows him to do that), or inherited those relationships as well.

He's not picking stocks, researching companies, working it. He has people to do that for him.

Because he was born filthy rich, and there's a telling phrase for you.

This was my point earlier. As well as the fact that I can't imagine a case where a lot of money was inherited and the investments and investment relationships weren't already in place.

I would even go a step further and say that I wouldn't be a bit surprised if it were in the will that the heir needs to invest the money in a certain way to avoid the estate losing money on frivolous investments.

Just ask Philo Farnsworth!

Thats very true. What exactly are you basing your argument on. I simply stated that the current trend is that the percentage of inherited wealth in the top income bracket is on the decline.

If an argument happened between you and Dr. McDermott on the subject that your thesis was on, I would be the first to tell him that in my mind you are the better authority. And vice versa. I see no reason why Dr. McDermott would lie about what his thesis was about. You asked me to produce proof, I said I would try to find out tomorrow when I see him. I asked you to do the same, and you refused to provide your credentials.

I haven't denied that people who inherit wealth have an easier time growing wealth through what ever means they use. I simply stated that the percentage of wealth classified as inherited was on the decline in the upper income bracket. An article was link that stated that the number of millionaire households was on the increase and a lot of that wealth has come from investing. You said Again I didn't argue that. Honestly I fail to see where you disagree with the basis of my statement.

Norway...LOLOL that was f*cking hillarious. You're half way through that bottle aren't you? Don't lie.

Take a look at the reason for Norways sudden economic success;



http://www.nytimes.com/2007/12/30/world/europe/30norway.html

Just imagine if the US was allowed to develope it's own natural resources off our coasts and in the barren desolate place that is anwar. Guess which party is the primary obstacle.

Care to try again smashed?




Edited, Apr 9th 2008 6:20pm by givethemcake

I simply stated that the percentage of wealth classified as inherited was on the decline in the upper income bracket.

For about the thirtieth time now, no one's arguing that's not the case.