Windham Mountain Going Private?

Benny Profane said:
I think that's Indigenous Day these days. Keep up.

I was in Sevilla a few years ago where he took off, along with Magellen. Fascinating place, the mix of Spanish Catholic royalty history and the Moors, who they conquered. His "tomb"is in the Cathedral, and is quite the structure. After going to Granada, I started thinking seriously the Moors should have won. Ferdinand and Isabella were poison to the western world. As history has proven.
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What's interesting is that the Moors conquered / ruled Spain for so long that much of Spanish culture was imbued with Moorish influence. Ferdinand, Isabella, and the Inquisition put paid to that. @Benny Profane you might like the book The Disinherited, by Henry Kamen. Discussion of how Ferdinand and Isabella expelled the Spanish Jews. 100 years later their successors expelled the Moors, and how that continued for 400 years.
 
MC2 said:
The next thing you click on if you go to that site I linked to:
View attachment 21212


Sorry, Harv. The solution is political, so you might have to delete the rest of this post:

Hit rich people with taxes that actually target them (land value taxes, taxes on stock transactions, taxes on private jets & yachts, etc.). Hit people with obscene wealth (>$1Billion) with wealth taxes that adjust for inflation. Use the money to pay for affordable housing and services (healthcare, education, public transportation, parks) for people with less money.

The goal is to keep normal people around. Just watch this at the 12:35 mark (or the 16:40 mark if you want to skip to my point and you don’t want to see a bunch of cool skiing):

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The opening scene of that video is shot down Third Street in my home town, Laguna Beach, California. That building on the left at the bottom of the hill was the phone company back then, now it's luxury condos. Laguna used to be a sleepy artist colony and surf town with a large gay community. Although there were wealthy folks there back then too (Warren Buffet had a summer house there) it was economically diverse. There was plenty of room for someone like my mother who was a single mom raising two kids on her own. Ultimately she did very well for herself, but in the early 70s, we didn't have a lot of money. She couldn't even get a credit card. I bring this up because these days it breaks my heart when I go home to visit. It's become an example of what MC2 is getting at. Still beautiful, but a small 1200 sqft 3 bedroom home will go for over 1.5 M. It has become totally inaccessible for folks like my family back in the 70s.

That said, it doesn't seem to me like it's exclusively rich people that really ruin things. People who are not wealthy are perfectly capable of ruining things also. Personally I'm all for structural reform that promotes a more even distribution of wealth but I don't see that happening in my lifetime. In the longer term, I'm not sure it matters all that much but I have a pretty gloomy outlook on the future of the species in general. Happy weekend!
 
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chumpomatic said:
The opening scene of that video is shot down Third Street in my home town, Laguna Beach, California. That building on the left at the bottom of
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Laguna Beach was nice when I went there years ago.
chumpomatic said:
Personally I'm all for structural reform that promotes a more even distribution of wealth but I don't see that happening in my lifetime... Happy weekend!
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The CEO to worker bee compensation ratio has changed a lot.
www.marketplace.org

At UPS and Disney, CEOs make hundreds of times worker pay

We looked at how much CEOs are compensated at companies across industries, including Disney, UPS, Ford and United Airlines.
www.marketplace.org www.marketplace.org
 
I'm starting to think "rich people ruined everything" is an oversimplification. Maybe people say it because they see conspicuous consumption (aka rich people) in the places that have been "ruined." I could get behind this statement if you swapped out "unfettered capitalism" for "rich people."

Some in this thread have implied that they aspire to be rich. It's human nature to make choices you believe are in your best interest. This has not changed through time. If someone gave you $2M, or you won it in powerball, would you take it? I'm guessing most would.

If you get there are you going to spend it on yourself? Certainly you'll spend at least some of it on yourself. Maybe you'll spend all it on yourself and your family. If you have 2M would you be in favor of changes that would help people with less?

This is more likely about income inequality, CEO pay vs worker, and all of it. It's indisputable that the difference between rich and everyone else is greater that it was 50 years ago. IMO much of this is because the nature of the economy has changed.

We have all kinds of laws that fetter capitalism, but clearly if we want wealth to be more equally divided the people with power (surely that group includes the rich) are going to have to want it. Right now it seems the powerful don't see that kind change to be "in their best interest."

I know this discussion is borderline, thanks to all for keeping it on the right side of that line, to this point.

I too hope it gets cold soon.
 
Campgottagopee said:
Money = power

Some get away with murder. Literally.
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If:
Time is Money & Knowledge is Power
& Power = Work/Time,
Then Money = Work/Knowledge

Therefore the < ya know, the > the money ya gets with the same amount of work.

Ignorance is bliss.
 
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