@averagejoe1 saidI'm not sure if you're aware of this, but rich people are not guaranteed a profit.
You make good point, but kkunfortunatlehy this subject is an example of an imperfect society. i.e, you suggest that 'people have a say in the matter'. But they don't know the business, economics of it all, the mumbling in the back room that IS going on, the daily study that needs to be done to render a studied vote. How in the world can educated \votes be taken? All ...[text shortened]... a, budget, reputation and referrals of an architect, etc.,the list is too long.
Lib dream world.
02 Apr 22
@wildgrass saidFirst there is absolutely no scenario to 'fault the businessman. It is the council who puts the citizens on the line, with or without the businessman. So, simply put, you are correct that backroom deals happen, that is business. If a council puts themselves in such a scenario,, they better be sharp, going up against, or with, a businessman. Maybe even a greedy (all legal, now) businessman. So the electorate has elected people to sail them thorough these shark-infested waters. The council even decides what you suggest.....do we let the electorate have a referendum on this? Their decision. Actually, EVERYTHing is their decision, not a decision of the businessman. He just has the checkbook,, and asks, 'what is in it for me.": Council ultimately decides.
"Know what they are doing" and "hammer out something that works for everyone" is pretty much the same... Backroom deal between a politician and a very profitable business to transfer wealth from middle class tax payers to wealthy billionaires. It works well for the politician and the billionaire, not so much for you and me.
As Jim mentioned earlier, it does not need to b ...[text shortened]...
I don't fault the billionaire for asking, I fault the political system that allows this to happen.
So, what were we talking about?
02 Apr 22
@averagejoe1 saidYou're right, I don't know how
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it could be done either.
02 Apr 22
@averagejoe1 saidYou slept through that one. We get it.
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04 Apr 22
@averagejoe1 saidYou to have irrationally latched on to the 3 down and 7 up scenario joe did you read it in a work of fiction or non fiction.
Sure. The key ia diversifying. (BTW, it is close to moving day )
YOu see, the rich guy makes 10 investments, hedging bets, whatever you want to call it, and 3 of them fail. Ahh, but the other 7!!!!!!!
Net profit.
04 Apr 22
@kevcvs57 saidYou exhibit no common knowledge of diversifying? Can you not comment on the subject instead of going personal? Why do screaming meeemie libs go personal all the time. Why, our readers will forget the issue.
You to have irrationally latched on to the 3 down and 7 up scenario joe did you read it in a work of fiction or non fiction.
Didn't read it. My 7 year old knows it inside out and told me to put it in this thread. Since diversification is a time-worn fact, how can it be fiction?
@averagejoe1 saidSo why are you abusing your kids?
You exhibit no common knowledge of diversifying? Can you not comment on the subject instead of going personal? Why do screaming meeemie libs go personal all the time. Why, our readers will forget the issue.
Didn't read it. My 7 year old knows it inside out and told me to put it in this thread. Since diversification is a time-worn fact, how can it be fiction?