Tag: rich

The Rich and Their Paintings

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Why do the rich bid so much on paintings? Some of these paintings go for millions for dollars but don’t even look like they should cost that much. Yes, we have to give credit to the people who make these paintings and the hard that goes into making them but the prices that they go for are at times outrageous.

Some of these paintings aren’t even good just a blob of red paint yet it goes for at least $50 million, and just to sit in some rich person’s mansion. I agree that people can do what they want with their money, but there are way better things to spend $50 million on.

Most of the money spent on these paintings can be used to help fund research for medical diseases or help fund food for people living under food insecurity. Although some people do this there are a lot of rich people who only care about themselves and objects rather than actually using there money to help other people in the world. They have enough money to help them for several lifetimes if they can spend more than $50million on paintings, then they can spend double to help people in need.

Basquiat's Moment: Record-Shattering $110.5 Million Painting is Most Expensive Ever by an American Artist Sold at Auction - Culture Type

P.C-“Expensive paintings”

OWS, Right or Wrong

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The corner of Wall Street and Broadway, showin...
Image via Wikipedia

OWS or occupy Wall Street is an ongoing movement that protest against corporate greed, corruption, and the fact that 1% of Americans controls 40% of Americas wealth. OWS primary goal is to force the rich to pay taxes proportionate to their wealth.

These attacks have been criticized as merely the poor complaining about lack of work but have also been called a cultural revolution, an end to the rich controlling America power.

The problem being, of course, is it right to be angry over wealth that someone has rightfully earned. The answer cannot be answered with a simple yes or a no, we must look back on our nations founding.

Funny that the reason we became a nation was because of refusal to pay unfair taxes. (History has a way of repeating itself) When Britain decided to pass stringent tax laws, an angry group of colonist created a revolution that not only spread through their own country but to the rest of the world.

Todays “revolution” is not only changing Wall Street but has” spread to more than 250 American cities, [and] more than a [hundred] countries — every continent but Antarctica.”

Now the only question that remains will the months of protest pay off or will it go down in history as a misguided folly. I believe that it will pay off; obstructing the largest financial center into the world is bound to force Obama and congress to act.

Then again the chance of such a “miracle” occurring in congresses current climate, is not likely. (Partisans these days.) Only time well tell if the protestors months of effort will pay off.