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Reply #30 posted 10/21/05 11:29am

XxAxX

avatar

it's like the stock market. so abstract. buying options to buy???? wtf is that? meaningless.

and yet, fortunes can be made and broken in this fictional setting.

money isn't real anymore
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Reply #31 posted 10/21/05 12:07pm

ufoclub

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how is 10 mil not a fortune?

LleeLlee said:

"I realized about 10 years ago that my wealth has to go back to society," Bill Gates has been quoted as saying. "A fortune, the size of which is hard to imagine, is best not passed on to one's children. It's not constructive for them."

The billionaire is leaving his children $10 million dollars each and the rest of his fortune to other causes, (not sure which)

what do you think? is he doing the right thing?


I think he is...

...
[Edited 10/21/05 10:39am]
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Reply #32 posted 10/21/05 12:40pm

Ace

LleeLlee said:

"I realized about 10 years ago that my wealth has to go back to society," Bill Gates has been quoted as saying. "A fortune, the size of which is hard to imagine, is best not passed on to one's children. It's not constructive for them."

The billionaire is leaving his children $10 million dollars each and the rest of his fortune to other causes, (not sure which)

what do you think? is he doing the right thing?

Well, his children could have a very comfortable living and never work a day off of 10 mill (if they invest it right), so I don't know how much more "constructive" that will necessarily be. But good on 'im for trying to make a difference in the world.
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Reply #33 posted 10/21/05 2:19pm

LleeLlee

retina said:

Sometimes I wonder what it's like to get a lot of money without having earned it. Whatever you decide to do, people will think you just managed to do it because of the money. You can get a great job - "It's the money that bought him a good education and got him the right connections!". You can meet a nice woman - "She's only in it for the money!". You can become a succesful artist - "Yeah? Well I would have become succesful too if I'd only had the money to focus on my art!". And so on and so forth. I bet having wealth feels great, but it can probably be a curse too.



That's a lot of insecurity. Most things come at a price..
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Reply #34 posted 10/21/05 2:25pm

SammiJ

i think it's good
and they shouldn't be able to touch it until they need it for school (i'm SURE they'll be provided for easily)

and since school isn't THAT expensive, once they realize how lucky they are they could be free 2 use it after school is finished

those kids need to work and live like normal people

we don't need anymore paris hiltons polluting the earth.
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Reply #35 posted 10/21/05 2:28pm

LleeLlee

XxAxX said:

it's like the stock market. so abstract. buying options to buy???? wtf is that? meaningless.

and yet, fortunes can be made and broken in this fictional setting.

money isn't real anymore


It's a playground for people who like to play with money.
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Reply #36 posted 10/21/05 2:32pm

LleeLlee

ufoclub said:

how is 10 mil not a fortune?

LleeLlee said:

"I realized about 10 years ago that my wealth has to go back to society," Bill Gates has been quoted as saying. "A fortune, the size of which is hard to imagine, is best not passed on to one's children. It's not constructive for them."

The billionaire is leaving his children $10 million dollars each and the rest of his fortune to other causes, (not sure which)

what do you think? is he doing the right thing?


I think he is...

...
[Edited 10/21/05 10:39am]



10 millionj is a fortune but it's a drop in the ocean for him. He could spend that in half an hour. God knows how much that guy even makes while he is asleep. who cares really, but that he is giving most of it away is a good thing.


....
[Edited 10/21/05 14:33pm]
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Reply #37 posted 10/21/05 2:40pm

LleeLlee

Ace said:

LleeLlee said:

"I realized about 10 years ago that my wealth has to go back to society," Bill Gates has been quoted as saying. "A fortune, the size of which is hard to imagine, is best not passed on to one's children. It's not constructive for them."

The billionaire is leaving his children $10 million dollars each and the rest of his fortune to other causes, (not sure which)

what do you think? is he doing the right thing?

Well, his children could have a very comfortable living and never work a day off of 10 mill (if they invest it right), so I don't know how much more "constructive" that will necessarily be. But good on 'im for trying to make a difference in the world.



yes, but I think he thinks that there is a difference between $10 milllion and his actual worth. "At last count, Bill Gates had an estimated net worth of $42 billion dollars," found this online. say he left them 1 billion each. That is a hell of a lot of money...why would you even bother getting out of bed lol The world could just come to you..

....
[Edited 10/21/05 14:41pm]
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Reply #38 posted 10/21/05 2:42pm

LleeLlee

SammiJ said:

i think it's good
and they shouldn't be able to touch it until they need it for school (i'm SURE they'll be provided for easily)

and since school isn't THAT expensive, once they realize how lucky they are they could be free 2 use it after school is finished

those kids need to work and live like normal people

we don't need anymore paris hiltons polluting the earth.



yes, I agree. nod
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Reply #39 posted 10/21/05 2:45pm

Ace

LleeLlee said:

Ace said:


Well, his children could have a very comfortable living and never work a day off of 10 mill (if they invest it right), so I don't know how much more "constructive" that will necessarily be. But good on 'im for trying to make a difference in the world.



yes, but I think he thinks that there is a difference between $10 milllion and his actual worth. "At last count, Bill Gates had an estimated net worth of $42 billion dollars," found this online. say he left them 1 billion each. That is a hell of a lot of money...why would you even bother getting out of bed lol The world could just come to you..

Some people would not get out of bed living off the interest of $10 million invested well, either. Depends on your desires.
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Reply #40 posted 10/21/05 2:48pm

LleeLlee

Ace said:

LleeLlee said:




yes, but I think he thinks that there is a difference between $10 milllion and his actual worth. "At last count, Bill Gates had an estimated net worth of $42 billion dollars," found this online. say he left them 1 billion each. That is a hell of a lot of money...why would you even bother getting out of bed lol The world could just come to you..

Some people would not get out of bed living off the interest of $10 million invested well, either. Depends on your desires.



I just found this,"Google founders Sergey Brin and Larry Page--each worth $11 billion." for gods sake, it's a search engine! omg both of them are 32 years old.
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Reply #41 posted 10/21/05 2:50pm

Ace

LleeLlee said:

Ace said:


Some people would not get out of bed living off the interest of $10 million invested well, either. Depends on your desires.



I just found this,"Google founders Sergey Brin and Larry Page--each worth $11 billion." for gods sake, it's a search engine! omg both of them are 32 years old.

And two 32-year-olds who should have done a more exhaustive copyright search in Britain before launching G-mail. wink
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Reply #42 posted 10/21/05 3:13pm

Lleena

avatar

Ace said:

LleeLlee said:




I just found this,"Google founders Sergey Brin and Larry Page--each worth $11 billion." for gods sake, it's a search engine! omg both of them are 32 years old.

And two 32-year-olds who should have done a more exhaustive copyright search in Britain before launching G-mail. wink



lol

http://www.webpronews.com...inues.html

I wonder how long it is going to rage on? I think Google will win this battle, they're not about to give the Gmail name up, I cant see it.
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Reply #43 posted 10/21/05 3:16pm

Lleena

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also, "The BBC has defended its decision to blow $375,000 (£212,000) of public money on the bbc.com domain.

The broadcaster - which is funded by a licence fee payable by every UK household with a TV - bought the domain back in 1999 from US firm Boston Business Computing but refused to say how much it had paid out."



http://www.theregister.co...bc_domain/
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Reply #44 posted 10/21/05 3:19pm

Ace

Lleena said:

Ace said:


And two 32-year-olds who should have done a more exhaustive copyright search in Britain before launching G-mail. wink



lol

http://www.webpronews.com...inues.html

I wonder how long it is going to rage on? I think Google will win this battle, they're not about to give the Gmail name up, I cant see it.

They'll give it up if the courts rule in IIIR's favour and the asking price is too high. Business is business.
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Reply #45 posted 10/21/05 3:20pm

Ace

Lleena said:

also, "The BBC has defended its decision to blow $375,000 (£212,000) of public money on the bbc.com domain.

The broadcaster - which is funded by a licence fee payable by every UK household with a TV - bought the domain back in 1999 from US firm Boston Business Computing but refused to say how much it had paid out."



http://www.theregister.co...bc_domain/

When you're playing with public money, settle for "bbc.net". lol
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Reply #46 posted 10/21/05 3:27pm

Lleena

avatar

Ace said:

Lleena said:




lol

http://www.webpronews.com...inues.html

I wonder how long it is going to rage on? I think Google will win this battle, they're not about to give the Gmail name up, I cant see it.

They'll give it up if the courts rule in IIIR's favour and the asking price is too high. Business is business.



It would have to be a very high asking price for Google, considering how much it's worth.
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Reply #47 posted 10/21/05 3:30pm

Lleena

avatar

Ace said:

Lleena said:

also, "The BBC has defended its decision to blow $375,000 (£212,000) of public money on the bbc.com domain.

The broadcaster - which is funded by a licence fee payable by every UK household with a TV - bought the domain back in 1999 from US firm Boston Business Computing but refused to say how much it had paid out."



http://www.theregister.co...bc_domain/

When you're playing with public money, settle for "bbc.net". lol



"While the BBC may have been able to buyout Boston Business Computing, its tough tactics to extract bbc.org from a small Canadian computer club were nowhere near as successful."


Those Canadians! grrrrr...wink
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Reply #48 posted 10/21/05 6:33pm

abierman

I just doubt that 2the9s doesn't have teeth.....disbelief
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Reply #49 posted 10/22/05 1:35am

calldapplwonde
ry83

XxAxX said:

actually i think there should be limits on how much wealth any individual should own.

because at some points the wealth starts generating its own wealth at a rate which is disproportionate to any actual contribution to society the owner of said wealth may have made.

10 mil to his kids? more than generous, imo



Let's see how economy works then! BTW, where's McCarthy?
lurking
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Reply #50 posted 10/22/05 1:42am

Christopher

avatar

LleeLlee said:

"I realized about 10 years ago that my wealth has to go back to society," Bill Gates has been quoted as saying. "A fortune, the size of which is hard to imagine, is best not passed on to one's children. It's not constructive for them."

The billionaire is leaving his children $10 million dollars each and the rest of his fortune to other causes, (not sure which)

what do you think? is he doing the right thing?


I think he is...




if he suddenly disappears one day and his will has been changed mysteriously then i'll know why. smile
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