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The Wealth Gap Widens...

 
 
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Old 11-25-2011, 11:01 AM   #151 (permalink)
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Originally Posted by Yachtjocky View Post
What is the grandson of an italian Millionaire doing driving boats around when other less fortunate immigrants could be doing that work.

Now that you are also a painter, again taking work away from the many very good painters looking for work around town, does that mean you are also licensed and insured for that work.

and as for completing electrical work, what did the electrical permit say and was that signed off. Again was it hard getting that license and insurance or did you go to the general contractor school which still does not cover you doing electrical permitted work.

....and when you bought that home you knew (or should have) that you had to pay probably 2% of the purchase price per year in taxes and they, the big bad government, would be dividing that up to pay for garbage pick-up as well as schools and paying for my kids education.

If you travel around the country you will see utter devastation in the job market, factory after factory closing down and hard working people put out of work. Would you expect 10,000 families to move from Detroit to Fort Lauderdale.

Not everybody bought $600,000 on a $50,000 salary. Alot of those folk on $50,000 did find it easier to get a mortgage and bought a $150,000 home that they could not keep once they lost their jobs.

We live in a surreal world in South Florida where just about every scam artist has a home.

PS. just about every cop, fire fighter and EMT that I know have jobs on the side and it turned out that the electrician who finally came to finish the wiring on my pool was a firefighter who did that 3 or 4 days a week to get a pension. How many cops do you know who retire in their 40's with a nice fat pension
FYI, my grandfather didn't give handouts to any of his family. He did however, pay for his sons/daughters, and all of his grandkids colleges. He treated everyone in his family equal right down to the penny. They then retired nicely, and after my grandfather passed, my grandmother went into a nice assisted living facility which ate into most of it. He prepared for their retirement and future, but he also lived WELL WITHIN his means his entire life, unlike all of these people who don't even have 3 months of living expenses saved because they spend it as fast as they make it.

I am not a household painter, nor am I a household electrician. What I am getting at, is my customers BEGGED me to do it because they couldn't get the people out that they hired in the first place to do the work when they were supposed to and needed it done NOW. It's as if people forgot how to efficiently work and are not hungry and have no drive. Yet everyone is crying broke.....go figure.....I am very good to my customers and they are very loyal to me, so I accomodated their needs. I've been in this business since around 1999, with a little hiatus in the corporate world from 2001-2002 and I have never once had to advertise or solicit business and it comes to me based upon my reputation and at the same token I pick and choose who I decide to work for.

Bought what home, of course I knew taxes would be 2%? But how do I justify that 50% of my taxes go to the school board, and it's twice as much as what goes to police/EMT/and fire and the teachers are always crying broke. I had a choice, in Dec 2009, I came very close to buying a deepwater home with a mortgage (which I really wanted) or to buy a 4plex at a great price and pay cash for it. I decided given the state of the economy, to buy the 4 plex which would put me in a better financial situation and live in it instead of buying the waterfront house I've always wanted. Then in 5-10 years, I'll buy the waterfront house and rent out my unit, and the 4 plex will pay all of the expenses on it. I live in a 4 plex that I paid CASH for, my tenants not only pay all of my living expenses and then quite a bit above that. I also have a condo I bought in 2005 that is worth 5X less than what I paid for it. I have it rented out and lose $450 each and every month with it rented because it's the right thing to do, and I cannot walk away from it like every other person that has.

A lot of police, firefighters, and EMT have side jobs. Especially firefighters since they work 3 days a week (24hrs). The pensions are outlandish and downright thievery and that is why most cities in South Florida are broke because of it. Most all police and firefighters are making 6 figures between their pay and side jobs. Most police are close to $100k on pay alone. Those 2 BSO cops that were caught for stealing and dealing drugs, were 28 and 30 years old and making $78k a year base pay without counting overtime or benefits. This is all on the backs of taxpayers whose mean income is $28,000 a year. The pensions are un-sustainable, just like what the USPS is seeing. I know of a lady that worked 7 years as a crossing guard for 20 hours a week, and gets a pension......after working 20 years I could see it.....but 7????? How is that fair? There is a huge difference between being fair and greedy.

And as for my neighbor not preparing when everyone knows a hurricane is coming. If you cannot be bothered to go to the grocery store to buy $100 in water and canned goods, sorry but I'm not going to help your laziness and stupidity. That's being taken advantage of. If you have a genuine problem and need to borrow a saw because a tree landed on your house, chances are I will come over and cut it for you. Or if you want to use my grill to cook some of your food, have at it. But don't come to me because you didn't prepare at all and expect to mooch off of the neighborhood.
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Old 11-25-2011, 11:58 AM   #152 (permalink)
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Wealth gap

One of the reasons for the wealth gap !!!!!!!!

WE WAS BRUNG UP PROPER !!

"And we never had a whole Mars bar until 1993"!!!

CONGRATULATIONS TO ALL MY FRIENDS WHO WERE BORN IN THE
1940's, 50's, and 60's
First, we survived being born to mothers who smoked and/or drank Sherry while they carried us and lived in houses made of asbestos...
They took aspirin, ate blue cheese, bread and dripping, raw egg products, loads of bacon and processed meat, tuna from a can, and didn't get tested for diabetes or cervical cancer.
Then after that trauma, our baby cots were covered with bright coloured lead-based paints.

We had no childproof lids on medicine bottles, doors or cabinets and when we rode our bikes, we had no helmets or shoes, not to mention, the risks we took hitchhiking.
As children, we would ride in cars with no seat belts or air bags.
We drank water from the garden hose and NOT from a bottle.
Take away food was limited to fish and chips, no pizza shops, McDonalds , KFC, Subway or Nandos.
Even though all the shops closed at 6.00pm and didn't open on a Sunday, somehow we didn't starve to death!
We shared one soft drink with four friends, from one bottle and NO ONE actually died from this.
We could collect old drink bottles and cash them in at the corner store and buy Toffees, Gobstoppers and Bubble Gum.
We ate cupcakes, white bread and real butter,milk from the cow,and drank soft drinks with sugar in it, but we weren't overweight because......
WE WERE ALWAYS OUTSIDE PLAYING!!
We would leave home in the morning and play all day, as long as we were back when the streetlights came on.
No one was able to reach us all day. And we were O..K.
We would spend hours building our go-carts out of old prams and then ride down the hill, only to find out we forgot the brakes. We built tree houses and dens and played in river beds with matchbox cars.
We did not have Playstations, Nintendo Wii , X-boxes, no video games at all, no 999 channels on SKY ,
no video/dvd films, or colour TV
no mobile phones, no personal computers, no Internet or Internet chat rooms..........WE HAD FRIENDS and we went outside and found them!

We fell out of trees, got cut, broke bones and teeth and there were no
Lawsuits from these accidents.

Only girls had pierced ears!

We ate worms and mud pies made from dirt, and the worms did not live in us forever.

You could only buy Easter Eggs and Hot Cross Buns at Easter time....

We were given air guns and catapults for our 10th birthdays,

We rode bikes or walked to a friend's house and knocked on the door or rang the bell, or just yelled for them!
Mum didn't have to go to work to help dad make ends meet because we didn't need to keep up with the Jones's!

Not everyone made the rugby/football/cricket/netball team. Those who didn't had to learn to deal with disappointment. Imagine that!! Getting into the team was based on
MERIT

Our teachers used to hit us with canes and gym shoes and throw the blackboard rubber at us if they thought we weren't concentrating .
We can string sentences together and spell and have proper conversations because of a good, solid three R's education.
Our parents would tell us to ask a stranger to help us cross the road.
The idea of a parent bailing us out if we broke the law was unheard of.
They actually sided with the law!

Our parents didn't invent stupid names for their kids like 'Kiora' and 'Blade' and 'Ridge' and 'Vanilla'

We had freedom, failure, success and responsibility, and we learned HOW TO
DEAL WITH IT ALL !


And YOU are one of them!
CONGRATULATIONS!
You might want to share this with others who have had the luck to grow up as kids, before the lawyers and the government regulated our lives for our own good.
And while you are at it, forward it to your kids so they will know how brave their parents were.
PS -The big type is because your eyes are not too good at your age anymore
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Old 11-25-2011, 02:23 PM   #153 (permalink)
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F___kin' - A, dennis!

(To our non-primarily-English speaking members, that means I concur most wholeheartedly)
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Old 11-25-2011, 02:43 PM   #154 (permalink)
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Also concur most wholeheartedly (but would have phrased it Loren's way since I'm a New Yawka).
BTW, Capt.J,
Quote:
"FYI, my grandfather didn't give handouts to any of his family. He did however, pay for his sons/daughters, and all of his grandkids colleges."
Today that would amount to several hundred thousand dollars at least. Not a bad leg up to get on the world. Were it not for him you'd have faced a massive student loan as you started adult life. It's nice when people help us even when we've done nothing to deserve it. Bet it made him feel good to do it as well.
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Old 11-25-2011, 03:59 PM   #155 (permalink)
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Dennis

So Dennis when did you move from England to BC or Florida, how many folk on here have heard of "Gobstoppers, cricket (not a Canadian sport I would have to guess), fish & chips, soft drink and go-karts out of old prams.

CaptJ, I thought you were experienced and now you tell us you only came into this business in '99, missed out 2 years and yet.....

Next time you want to buy a condo PM me, I bought a few pre construction and sold them probably to you and was not hurt by the crash.

Why are you upset about your property taxes, you knew 2% of the purchase price goes on them and trust me most teachers are broke and yet they put their hands in their own pockets to buy supplies and regularly pay for lunches for kids who's parents forgot to send the lunch money.

You could always have a few kids and then you would realize that having to pay 2% property tax is cheap compared to paying for 4 college funds with one kid going back for 2 extra years.

I did not mean to knock your grandfather and nor was I prying into your family life but you are so quick to tell us all how great your reputation is and how clients beg for you.

I actually have the same views as you regarding the ones who will not work or prepare but there are alot of folk out there who have been hard hit and through no fault of their own.
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Old 11-26-2011, 12:45 AM   #156 (permalink)
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Originally Posted by NYCAP123 View Post
Also concur most wholeheartedly (but would have phrased it Loren's way since I'm a New Yawka).
BTW, Capt.J,
Today that would amount to several hundred thousand dollars at least. Not a bad leg up to get on the world. Were it not for him you'd have faced a massive student loan as you started adult life. It's nice when people help us even when we've done nothing to deserve it. Bet it made him feel good to do it as well.
My grandfather provided us with opportunities, he didn't just hand us money. He did it because it was his family, and he WANTED to do it, not because the government was forcing him to do it.

Where on earth are you getting your figures for on how much college costs? I have 2 brothers that are currently at FSU and UF, my mom doesn't spend $25k a year to send both of them full time to college including dorm and meal plans. I paid for the last 3 years of college myself because I was too busy messing around on boats, with my friends, and on the 8 year plan. I managed to work full time and go to school full time and actually became serious about it once I had to pay for it. LOL There is NO reason any other kid cannot work full time and go to college full time for a BS or less, without having to take a student loan. A Masters or Doctorette degree is a different story.
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Old 11-26-2011, 01:13 AM   #157 (permalink)
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CaptJ, I thought you were experienced and now you tell us you only came into this business in '99, missed out 2 years and yet.....

Next time you want to buy a condo PM me, I bought a few pre construction and sold them probably to you and was not hurt by the crash.

Why are you upset about your property taxes, you knew 2% of the purchase price goes on them and trust me most teachers are broke and yet they put their hands in their own pockets to buy supplies and regularly pay for lunches for kids who's parents forgot to send the lunch money.

You could always have a few kids and then you would realize that having to pay 2% property tax is cheap compared to paying for 4 college funds with one kid going back for 2 extra years.

I did not mean to knock your grandfather and nor was I prying into your family life but you are so quick to tell us all how great your reputation is and how clients beg for you.

I actually have the same views as you regarding the ones who will not work or prepare but there are alot of folk out there who have been hard hit and through no fault of their own.
I grew up on the water, had my own boat consecutively from age 5 until 2 years ago. Grew up fishing with my dad on our SF, etc. Managed a 63' Ocean from 18 years old to 2008. I spent 175-200 nights a year on the water running a live-bait business for several years prior to getting into the yachting industry, and also worked at a marina for several years both at different times and overlapping while I was in college. I had over 1500 days of sea-time prior to even getting my license in 2003. And on average have done over 200 days a year since then. Actually I graduated college and took a corporate type job, and hated it but was persistant because that's what my entire family was recommending or pushing me to, and one day the Director of Operations for one of the large SF builders, who I had worked for previously called me up and coerced me into working on yachts again and I never looked back. I run my business at a sustainable size, keep the boats I manage, extremely well managed, stay under the radar, and retain customers for a very very long time. I've lost 2 customers over the last 10 or so years because they weren't happy, any other ones were simply because they got out of yachting, or I refused to continue working for them. I make very good money doing what I do, and keep my overhead extremely low. The other thread of the 55' Neptunus I manage should be a statement to my reputation, and we do a long trip on that boat every 6-8 weeks, and it does day trips here and there in-between.

I'm not upset by the taxes, I'm just upset by how dis-proportionate they are and what they really go to pay. Don't forget school teachers start out at $39k a year to work 9 MONTHS, and have every single holiday off on the calender and every single weekend. So when that Captain you mentioned making $80k a year is away fishing during Christmas and New Years, or stuck on Rum Cay for 3 months straight, and responsible for the safety of others, while his kids are growing up without him and his wife is doing who knows what, it doesn't sound like a lot of money......Not to mention a Merchant Mariner is in the top 20 for the most dangerous jobs, a school teacher is in the bottom 20.

As for the condo, who knew, I bought it to live in and not as a speculation. If it weren't for the crash, I wouldn't have bought the 4 plex east of US-1 by Merritt's for 1/3 of what the last buyer paid for it. So the one washes the other one out, even though I'd be about $150k+ ahead of the game, if I rented instead of bought in Jan 2006.

What on earth does me being passionate as well as good at what I do and good to my customers have to do with my grandfather or my grandfather becoming a millionaire????? In a way it does, because he is the one that really instilled in me the work ethics I have, and how to treat other people, and how to do business even though he passed over a decade ago. He was liked by everyone, and hated by no-one. But other than that, one has nothing to do with the other.

There are people that are hard hit, BUT, they make up a small percentage. Of those I do feel bad for. However there are many prima donna's not accepting the jobs they are being offered, because free stuff is there. Most people prior to the fall, wear up to their ears in debt and bills because they had to keep up with the Joneses. Look at all the Mcmansions that popped up all over South Florida......5,000 Sq foot house with a 10' deep back yard. There are soooooo many people milking the system right now it's not even funny. 48% of Americans are recieving some sort of government support, yet un-employment is 10%. I saw a kid must've been 20 years old at circle K, buying food with his EBT card and mentioning how he's been working construction for cash the last 6 months. I saw a guy at Publix the other day, my age with 2 kids, he had a genuine Rolex on and got into a newish 5 series bmw, and they all had high end clothes on, buying food with an EBT card. Look at all of the lawyer commercials all over the radio advertising, got in an accident, slip and fall, call us and we'll get you at least $10k. If it's offered, most people will take advantage of it, if people have to fend for themselves, most people will legitamently find a way to do so.
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Old 11-26-2011, 05:45 AM   #158 (permalink)
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My grandfather provided us with opportunities, he didn't just hand us money. He did it because it was his family, and he WANTED to do it, not because the government was forcing him to do it.

Where on earth are you getting your figures for on how much college costs? I have 2 brothers that are currently at FSU and UF, my mom doesn't spend $25k a year to send both of them full time to college including dorm and meal plans. I paid for the last 3 years of college myself because I was too busy messing around on boats, with my friends, and on the 8 year plan. I managed to work full time and go to school full time and actually became serious about it once I had to pay for it. LOL There is NO reason any other kid cannot work full time and go to college full time for a BS or less, without having to take a student loan. A Masters or Doctorette degree is a different story.
Just a quick search comes up with "In 2011-12, 44 percent of all full-time undergraduate college students attend a four-year college that has published charges of less than $9,000 per year for tuition and fees.

At the other end of the spectrum, approximately 28 percent of full-time private nonprofit four-year college students are enrolled in institutions charging $36,000 or more yearly in tuition and fees." Throw in books and R&B and it's not hard at all to top 25K or more per year. Many, many kids are working F/T supporting themselves completely and often children while going to school. Difficult to even accumulate the low end of the spectrum working the jobs an inexperienced person can get with only a H.S. diploma. They must borrow it or fore-go the education. No other choices.
There are precious few "self-made" people around today. Just because nobody stuck cash into our hands doesn't mean we haven't been helped in thousands of ways that lightened our burden making what we did possible. Most of us were even saved from our own stupidity on more than a few occasions by people who could have just as easily turned their backs saying we deserved what happened to us. When I see a person homeless or destitute it's not hard for me to think of a hundred if not a thousand times when my life took a turn where were it not for the grace of God, good fortune or my fellow man, there I could be. If I lived to be a thousand years old I could never repay what has been given me. Little things like a cop who gave me a dollar on the streets of Greenwich Village when I was 13, convinced I'd use it for drugs, but that instead enabled me to get to a safe place. Or the mentor who should have fired me but instead said "I don't care if you make 1,000 mistakes. Just don't make the same one twice". I'm forever grateful that those people understood that they were their brother's keeper.
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Old 11-26-2011, 09:11 AM   #159 (permalink)
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Experience

CaptJ,

So what is it,

"I've been in this business since around 1999, with a little hiatus in the corporate world from 2001-2002"

or,

"Managed a 63' Ocean from 18 years old to 2008."

....and being a yacht Captain is a big difference from being a Merchant Mariner

....and when you have washed that boat you go home and then what, try being a teacher marking papers and preparing for the next days class or having to work as a mentor during all of those long summer holidays to make ends meet.

....and try being a soldier away from home being shot at and 3 months on Rum Cay sounds pretty cushy to me.

....and my garbage was collected yesterday, Thanksgiving Day, by the guy who you are paying your 2% taxes to.

So there are alot of folk out there working trying to make ends meet who do not repeat and repeat how good they are or how bad it is that they are having to work on holidays or be away from family for long periods.

As for college fee's why not start off with school fee's, a school not far from Merritt's charged me $9,600 per year for a 3 yr old from 8.30am to 1.30pm per day 5 days a week. Then the high school charges $23,100 per year for a 17 yr old. Both of them have "fund raisers" where you are obliged to spend even more money.

Now add two college educations, one 4 year and the other 5 years, $47,000 per year for the two of them.

All of that and not a book bought, a night of rent paid or a spoonful of food eaten.

There are alot of Macmansions as they are commonly known down in South Florida however there are also alot more regular homes in between them and try driving west of Federal Highway and see how many "regular" homes are being fore-closed because people have lost their jobs.

You loose me a bit on the next one though.

"What on earth does me being passionate as well as good at what I do and good to my customers have to do with my grandfather or my grandfather becoming a millionaire????? In a way it does, because he is the one that really instilled in me the work ethics I have, and how to treat other people, and how to do business even though he passed over a decade ago. He was liked by everyone, and hated by no-one. But other than that, one has nothing to do with the other."

You ask me what it has to do with it and then tell me that it does and again you tell us all how good you are. ?

PS. I was also taught it was acceptable to make a mistake but never to make the same mistake twice.

PPS. I once did a 11 month trip away on a ship and never saw my family so please........
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Old 11-26-2011, 10:02 AM   #160 (permalink)
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This is ridiculous! If you want to wage a war, find another forum. The thread was about the growing disparity of wealth. Instead, another thread has been turned into a personal attack.

It's time to close this thread. Everyone please take a break, enjoy the weekend and let's get back to boats next week.

Carl
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