Visiting the 1%

Danglerb · 10-18-2012, 11:46 PM

I went to look at some hifi gear on CL today and ended up inside a gated hilltop community. One of the driveways had two Panamera's in it, clearly taxes are not high enough yet.

Bought a couple nice old stereo bits, and the kid was plenty nice, but I kind of wonder what the details are that put somebody in a $5 million dollar house. I wonder if their HOA is annoying? One can only hope.

Landseer · 02:01 AM

Maybe our nutcase empty suit pres gets reelected and maybe he'll redistribute that.
Funny thing, that's his hollyweird supporters and they've got that wealth well sheltered from him.

harborman · harborman's Garage

Quote:

Originally Posted by Landseer

Maybe our nutcase empty suit pres gets reelected and maybe he'll redistribute that.
Funny thing, that's his hollyweird supporters and they've got that wealth well sheltered from him.

Yes, a new Porsche in every garage and free gas for all! Oh yes, also my Obama phone, can't forget that!

dtw · 10-19-2012, 07:53 AM

Quote:

Originally Posted by Danglerb

One of the driveways had two Panamera's in it, clearly taxes are not high enough yet.

I kind of wonder what the details are that put somebody in a $5 million dollar house. I wonder if their HOA is annoying? One can only hope.

Wow.

Fixer · 09:03 AM

Success should never be demonized in this country, who's ever got a job from a poor person? I haven't.

Keep talking 1% and they will stop investing and some will leave, then we can look forward to being like Europe, broke.

The rich already pay 70% of all the taxes to the federal gubment

It's not the governments money people, it's our money!!!!!! Wake the F up.

What is wrong with people? The Government spends too much.

There is not a tax revenue problem, it's a spending problem.
Work your a$$ off and buy a Panamera if you want one.

I am by no means rich, but i never think in terms of wealthy and the 1%.
Obama started this class warfare thing with the 1%,

What happened to uniting everyone? What a fake he turned out to be. If Holleyweird doesn't manage to get this know nothing re elected, it will be a much better outlook for the U.S. I will not be voting for him this time.

hbueno · hbueno's Garage

Oh lordy, I hope the powers that be move this thread to where it belongs ASAP...

Pete R · Pete R's Garage

Quote:

Originally Posted by hbueno

Oh lordy, I hope the powers that be move this thread to where it belongs ASAP...

why? so we can never find it again? If you don't like it don't read or respond.

The 1% is very revalent to the 928 because with out them there never would have been a 928

rj7630 · 10-19-2012, 08:56 AM

I've never understood what rationale people have for wanting to punish high income people. Will it make their life any better? Highly unlikely. If they have lots of money, good for them. If you want to have lots of money, opportunties abound - go for it. Demonizing someone else will only make you miserable.

harborman · harborman's Garage

Quote:

Originally Posted by Pete R

why? so we can never find it again? If you don't like it don't read or respond.

The 1% is very revalent to the 928 because with out them there never would have been a 928

So true. I think my 1986 listed for about $60,000 then. A lot of money for a car in that year. I remember seeing John Denver driving a 1982 928 down frontage road in Vail, Co., back then when I lived there.

Fixer · 10-19-2012, 09:07 AM

Sorry everyone for losing it,

I have had it with this President, he does more campaigning and rounds of golf than any President in history from what info is available.

He seems to be there for the perks.

Sorry again Danglerb, wasn't meant to be directed at you.

My business has been really hurt by the idiotic Dodd-Frank Bill.

Pete R · Pete R's Garage

My Dad paid $19K for the house I lived in, in 1969. 10 years later someone paid $30K for my 928. Definately not a "middle class" vehicle.

Frank Dodd.. that's the bill that makes my investment guy call me all the time and have me explain to him that I know nothing about investing right?

Dean_Fuller · 10-19-2012, 11:02 AM

Quote:

Originally Posted by The Fixer

Sorry everyone for losing it,

I have had it with this President, he does more campaigning and rounds of golf than any President in history from what info is available.

He seems to be there for the perks.

Sorry again Danglerb, wasn't meant to be directed at you.

My business has been really hurt by the idiotic Dodd-Frank Bill.

Could NOT agree more. I am amazed so many people are allowing this country to go down this road.

XLR8928 · XLR8928's Garage

Quote:

Originally Posted by Dean_Fuller

Could NOT agree more. I am amazed so many people are allowing this country to go down this road.

Anyone that knows me, knows that I'm a card carrying conservative. Simply put, our beloved country can't take another four years of this fiscal suicide. I am a veteran, from a family of veterans (multi generational) that fought (and died) for our freedoms. Lest not we forget freedom is dear, and the cost is ever vigilence. Incedently, I wonder how many 928's are tooling around communist countries?
Sorry Guys,... I'll get off my soapbox now. -Kerry

Pete R · Pete R's Garage

This is a perfect example of why attacking the 1% is bad. Say 30years ago they raised all the rich peoples taxes. so it was "fair". Well, they'll be okay but they don't buy things like a new 928s. The 928 doesn't exist. So every salesman ,mechanic and parts supplier for 30 years loses business. How much have we all spent on our cars? There's no 928 int, 928 motorsports, 928 Specialists, 928's r us. How many families does that support? They say the rich will by a different car.. well maybe.. a crap can disposable car, that is gone in 10 years that no one treasures. and no one continues to profit from. It all started with a rich guy with extra money. All the luxury items they buy are built, sold,transported, maintained, are rebought buy the other 99%. You guys don't really think the 1% are working on their own stuff do you?

kuehjo · 10-19-2012, 01:06 PM

Quote:

Originally Posted by Pete R

This is a perfect example of why attacking the 1% is bad. Say 30years ago they raised all the rich peoples taxes. so it was "fair". Well, they'll be okay but they don't buy things like a new 928s. The 928 doesn't exist. So every salesman ,mechanic and parts supplier for 30 years loses business. How much have we all spent on our cars? There's no 928 int, 928 motorsports, 928 Specialists, 928's r us. How many families does that support? They say the rich will by a different car.. well maybe.. a crap can disposable car, that is gone in 10 years that no one treasures. and no one continues to profit from. It all started with a rich guy with extra money. All the luxury items they buy are built, sold,transported, maintained, are rebought buy the other 99%. You guys don't really think the 1% are working on their own stuff do you?

A few of them.

I'm a surgeon. So I suppose that puts me in the "1%"

Trust me. At least at THIS end of the 1% it doesn't go as far as you'd like to think it does.

So yeah - I probably fall in the 1% - but I drive a $7500 (on a good day - and only because I've invested the hours to MAKE it that) 31 year-old 928. I grew up poor enough that we had an outhouse, and running water happened when we kids ran to the spring to get it (and I'm not THAT old - mid-40's). I appreciate a good value, and I cut coupons, shop in thrift stores and enjoy flea markets. And I love Craigslist! And I am extremely grateful for the opportunities this country and this educational system offer to ANYONE.

I work on my cars because I ENJOY resurrecting them. I enjoy driving them knowing that I am responsible for my comfort - or discomfort - if it breaks down.

But that said, if I thought I could afford a Lotus Exige today, well, I would STILL look for a used one...

harborman · harborman's Garage

I see a lot of fancy cars here in my little town. The 1% folk's have many expensive homes here, drive all kinds of exotic cars and pump money in the town in summer.The guy down the street is an MD, owns a hotel here, drives a fancy Ferrari F-430 or something. If not for the rich, we could not buy some of their used cars. I got my 928 from one of them!! If this administration continues you will all be driving cars like in Cuba.

dtw · 10-19-2012, 03:32 PM

There is some Godzilla-size irony in the wealth-hating redistributionist being a 928 owner.

There will be no Porsches in the coming worker's paradise, Komrade.

Landseer · 10-19-2012, 03:37 PM

Seems like we all agree here on something we were least likely to agree upon.

Redistribution is nuts. Wealth haters are nuts.

Pete R · Pete R's Garage

Quote:

Originally Posted by Landseer

Seems like we all agree here on something we were least likely to agree upon.

Redistribution is nuts. Wealth haters are nuts.

well, politics aren't divisive or anything.. it's not like it's an oil thread

jim devine · 10-19-2012, 05:26 PM

Without the 1% we wouldn't be owners of these cars. Someone had to buy it new & start the depreciation curve going. Sure wasn't the guy making $10/hr.
Some 1% got it the easy way (family), but a LOT of them just worked relentlessly. Most of us have wasted enough time & money, that if put to better use could have gotten us closer to being a 1% er. I'll never be one, but don't think they should be made an example of. If it's not illegal money or they didn't cheat someone to get it- good for them.