hmbld Posted January 20, 2015 Group: Diamond Member Followers: 4 Topic Count: 48 Topics Per Day: 0.01 Content Count: 2,491 Content Per Day: 0.54 Reputation: 1,457 Days Won: 1 Joined: 10/23/2011 Status: Offline Birthday: 02/02/1971 Share Posted January 20, 2015 I just read over 125 billionaires have signed the giving pledge, pledging to give away at least 50% of their total wealth. If I had a billion dollars, I'd enjoy giving away more than 50%. I'd give my kids a couple of million each, set aside ten million for me and the misses, then travel the world looking for individual people to help. Lol that brings up one point I was thinking. It seems common place for many rich people to set up a foundation in their own name. I guess they want their name to live longer than they physically can. Never understood why would I care about my name, especially after I've died? Lol Link to comment Share on other sites More sharing options...
Fez Posted January 20, 2015 Group: Royal Member Followers: 3 Topic Count: 683 Topics Per Day: 0.12 Content Count: 11,128 Content Per Day: 1.99 Reputation: 1,352 Days Won: 54 Joined: 02/03/2009 Status: Offline Birthday: 12/07/1952 Share Posted January 20, 2015 To be very honest if I had the choice of being in the 1% or the 99%, I would choose the 1%. Do I love money? Those who know me well enough will tell you no. Link to comment Share on other sites More sharing options...
Guest shiloh357 Posted January 20, 2015 Share Posted January 20, 2015 I heard a man say once, "I've been rich and I've been poor; rich is better." Link to comment Share on other sites More sharing options...
Qnts2 Posted January 20, 2015 Group: Royal Member Followers: 3 Topic Count: 20 Topics Per Day: 0.00 Content Count: 2,875 Content Per Day: 0.70 Reputation: 1,336 Days Won: 9 Joined: 03/13/2013 Status: Offline Share Posted January 20, 2015 I just read over 125 billionaires have signed the giving pledge, pledging to give away at least 50% of their total wealth. If I had a billion dollars, I'd enjoy giving away more than 50%. I'd give my kids a couple of million each, set aside ten million for me and the misses, then travel the world looking for individual people to help. Lol that brings up one point I was thinking. It seems common place for many rich people to set up a foundation in their own name. I guess they want their name to live longer than they physically can. Never understood why would I care about my name, especially after I've died? Lol I am somewhat guessing on this. A foundation often has money raising events. Foundation formed by the wealthy, will often have events inviting the wealthy to contribute. In that case, having the name of a well known wealthy person as the name of the foundation probably instills trust, or significance to the people most likely to contribute large sums. Link to comment Share on other sites More sharing options...
Riverwalker Posted January 20, 2015 Group: Diamond Member Followers: 2 Topic Count: 92 Topics Per Day: 0.03 Content Count: 2,054 Content Per Day: 0.60 Reputation: 1,753 Days Won: 4 Joined: 12/09/2014 Status: Offline Share Posted January 20, 2015 you want some, go earn some I will not chase after mammon Link to comment Share on other sites More sharing options...
Guest Posted January 21, 2015 Share Posted January 21, 2015 To be very honest if I had the choice of being in the 1% or the 99%, I would choose the 1%. Do I love money? Those who know me well enough will tell you no. Not sure if I would choose to be in that 1% or not, I am quite content to be in the 99%. I am considered in poverty in my own country, but I am probably quite rich by world standards. If I were to choose between the upper 1% or the lower 1%, I am quite confident I would opt for the upper - I could always give wealth away and stop short of giving away 'too much'. What I wonder is, if the wealth of the upper 1% were distributed evenly among the world population, would that change things much? In any case, I suspect Jesus was quite right when He said: "The poor you will always have with you, and you can help them any time you want." It is not our place to be concerned with those in the upper 1%, it is our place to be concerned about the poor. Are we? Link to comment Share on other sites More sharing options...
udx Posted January 21, 2015 Group: Senior Member Followers: 2 Topic Count: 18 Topics Per Day: 0.00 Content Count: 684 Content Per Day: 0.12 Reputation: 230 Days Won: 2 Joined: 04/15/2009 Status: Offline Share Posted January 21, 2015 Americans are already the global top 1% in terms of income. Just need $34,000 a year to qualify, according to 2012 statistics. Over 50% of the world's top 1% earners are in America. http://www.dailymail.co.uk/news/article-2082385/We-1--You-need-34k-income-global-elite--half-worlds-richest-live-U-S.html Link to comment Share on other sites More sharing options...
Guest Posted January 21, 2015 Share Posted January 21, 2015 All of the above is one image - source: Barna Research Group Link to comment Share on other sites More sharing options...
other one Posted January 21, 2015 Group: Worthy Ministers Followers: 29 Topic Count: 599 Topics Per Day: 0.08 Content Count: 56,264 Content Per Day: 7.56 Reputation: 27,993 Days Won: 271 Joined: 12/29/2003 Status: Offline Share Posted January 21, 2015 Question???? it is really true???? Link to comment Share on other sites More sharing options...
SavedOnebyGrace Posted January 21, 2015 Group: Royal Member Followers: 0 Topic Count: 11 Topics Per Day: 0.04 Content Count: 4,059 Content Per Day: 13.90 Reputation: 5,193 Days Won: 0 Joined: 07/30/2023 Status: Offline Share Posted January 21, 2015 I just find this so sad. This is definitely a group of people who need our prayers. Richest 1% to own more than rest of world, Oxfam says The wealthiest 1% will soon own more than the rest of the world's population, according to a study by anti-poverty charity Oxfam. The charity's research shows that the share of the world's wealth owned by the richest 1% increased from 44% in 2009 to 48% last year. On current trends, Oxfam says it expects the wealthiest 1% to own more than 50% of the world's wealth by 2016. (article continued at the link above.) Jesus said, "For it is easier for a camel to enter in {to go} through a needle's eye, than for a rich man to enter into the kingdom of God." The rich are to be pitied. Too often I believe we envy the rich their wealth, or lack of hurdles to jump over in life. That viewpoint is short-sided missing the goal of this life. I wasn't saved so I could be wealthy. Link to comment Share on other sites More sharing options...
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