Hey fatboy!!!! Any pictures of ur billiard room n Vegas?

I know what was being talked about, and me thinks that the reason for a bodyguard isn't for the money he had on him.

He pops off to way too many people on the internet, and as people say, he acts nice in public. hmmmmmm even you who think that him giving 400 people jobs is great, but the people who are out there money is more of a "read the paperwork" type thing is interesting.

Oh and guess how much the Red Cross CEO makes comparing to what this guy has done. WoW, how do you even breathe Red Cross and him in the same post?

watchez said:
You can pick apart ANY business --- name one and I'll do it in detail.

Guess how much the CEO of the Red Cross makes --

Guess how much a car really costs to produce and when you go to buy one, the salesman is trying to sell you more of what you don't need, won't talk about the price of the car and only wants to talk about what you want your monthly payment to be, and then his buddy tries to sell you a warranty that has a 400% mark up and barely worth the paper it is written on.

I have friends on here that have posted they don't care for Eric. I'm ok with that. I probably don't like all of their friends either. It is what it is. But to me, Eric has been a true friend. And he could be broke tomorrow and he would still be my friend. Oh and if I go get something to eat with him, I don't do so expecting him to pick up the tab because he obviously has more money than me.

And on the YouTube video with Bucktooth -- he had his body guard there with him. I doubt anyone was gonna try to mug him. Before people type, they should try to know a little bit about what they are talking about.
Click to expand...
 
watchez said:
Red Cross CEO - $652K plus expenss and retirement.
Click to expand...

confirmed.
United Way is even higher - not including us busting him for embezzlement.
my ex-firm put 10's of thousands of people out of work. textile. furniture. shippers. gone to China. and all legal.
 
The biggest racket...

PINKLADY said:
confirmed.
United Way is even higher - not including us busting him for embezzlement.
my ex-firm put 10's of thousands of people out of work. textile. furniture. shippers. gone to China. and all legal.
Click to expand...

Non profits are the biggest racket in the US. When you realize that 80% of all income can go to "administrative" costs legally and that the organization can purchase property, houses, jets and lease cars that the employees and those running the company can use without personal tax liability for those costs, you realize why there are a lot of the wealthiest people getting in on it.

I always use the Bill and Melinda Gates foundation as a reference when talking about this because it is only a means of avoiding taxes. period...

He donated 35 billion of 40 billion dollars to the bill and melinda gates foundation when he created it. The donation was a tax deduction. That means the 35 billion was not taxable income and he could deduct that amount up to 50% of his taxable income.

That meant that instead of being liable for 35% of 40 billion dollars, his tax obligations were 35% of 2.5 billion.

He also still has control over ALL of that money although he is limited in how it can be spent.

taxes 875 million, instead of 14 billion.

Now that's an oversimplification, but it illustrates the point that our tax system is broken and that non-profits (501C3's specifically) are a racket used by the uber rich.

Jaden
 
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Jaden said:
I always use the Bill and Melinda Gates foundation as a reference when talking about this because it is only a means of avoiding taxes. period...
Click to expand...

Bill Gates is a pretty smart guy.

Mind-reading is at least very very difficult, if not impossible.

For you to choose Bill Gates for your mind-reading subject is nothing short of awesome.
 
If you think it was for humanitarian reasons...

kvinbrwr said:
Bill Gates is a pretty smart guy.

Mind-reading is at least very very difficult, if not impossible.

For you to choose Bill Gates for your mind-reading subject is nothing short of awesome.
Click to expand...

If you think it was for humanitarian reasons, I have a bridge to sell you with ocean front property in AZ...

Jaden
 
Jaden said:
If you think it was for humanitarian reasons, I have a bridge to sell you with ocean front property in AZ...

Jaden
Click to expand...

What I think is, you have taken circumstances which you know about and then extrapolated as to what that means, which you don't know about (unless you are a mind reader). You have said not a thing about Bill Gate's mind and much about yours.

I wasn't saying what I figured Gates's motivation is, I'll leave that to you.
 
"Behind every great fortune there is a crime."
Honore de Balzac

If we started to list the families who have acquired mucho moola through
nefarious means, it would be the longest thread in the history of the internet
before the name Peterson appeared, if it was in order by the death and
devastation caused.
What Eric has done is pardonable, whereas many of the finest names in society
have done unpardonable crimes where innocent people lost their lives.

However, as soon as I personally achieve perfection, I will give him a
piece of my mind. :cool:
 
I've tried to avoid this because it's just a repeat every couple of years.

He tries to judge others against himself based solely on money and he tends to treat those he doesn't know like crap. That's why people will turd on him all day long. He's got his own problems.. big ones.. and he certainly behaves in a way that makes me think that he deserves every single one of them.

The End.

PS - If I invite any of you out to dinner, I will be picking up the tab.
 
Paul, I will agree with you 100%.

All one has to do is read the Bilderberger membership for many decades or longer to know that is the absolute truth.

So in the Grand Scheme of life, what Eric orchestrated was a minor deal.
Yet, if you read any of the statements in the Rip Off report, I would imagine that in the long run, there were no satisfied customers in total for the time they were in business.

But Banks said what I was about to say in rebuttal much better than I could have.

In the long run, it isn't quite so much how Eric made his money, (in a small way), as how he came off with the general membership on AZ.

I will never agree with his method as myself and I believe any other members could have never dreamed up such Monkey Shines.

You have to have the type of mind, (Criminal perhaps?), to be able to think that way.
 
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Jaden said:
Non profits are the biggest racket in the US. When you realize that 80% of all income can go to "administrative" costs legally and that the organization can purchase property, houses, jets and lease cars that the employees and those running the company can use without personal tax liability for those costs, you realize why there are a lot of the wealthiest people getting in on it.

I always use the Bill and Melinda Gates foundation as a reference when talking about this because it is only a means of avoiding taxes. period...

He donated 35 billion of 40 billion dollars to the bill and melinda gates foundation when he created it. The donation was a tax deduction. That means the 35 billion was not taxable income and he could deduct that amount up to 50% of his taxable income.

That meant that instead of being liable for 35% of 40 billion dollars, his tax obligations were 35% of 2.5 billion.

He also still has control over ALL of that money although he is limited in how it can be spent.

taxes 875 million, instead of 14 billion.

Now that's an oversimplification, but it illustrates the point that our tax system is broken and that non-profits (501C3's specifically) are a racket used by the uber rich.

Jaden
Click to expand...

If he in fact made $40 billion in one year, he could deduct the $35 billion. I believe, however, that came from accumulated wealth which had already been taxed. If he could deduct 50% of his taxable income, wouldn't that mean you would get to deduct half of the $35 billion (which = $17.5 billion) thereby leaving $22.5 billion as taxable?

I happen to think allowing philanthropic people to deduct donations to charitable causes is one of the few parts of IRS laws that isn't broken. Not saying it is perfect and doesn't need reworking. And certainly, at least IMHO, having charitable organizations like United Way, Red Cross, etc. eat up 75% of the charitable donations to go towards administrative costs is BS. When I look at worthy charitable causes for the purposes of making a donation, I always look to see what % of the dollars given ends up with the cause it is intended for.
 
Jaden said:
Non profits are the biggest racket in the US. When you realize that 80% of all income can go to "administrative" costs legally and that the organization can purchase property, houses, jets and lease cars that the employees and those running the company can use without personal tax liability for those costs, you realize why there are a lot of the wealthiest people getting in on it.

I always use the Bill and Melinda Gates foundation as a reference when talking about this because it is only a means of avoiding taxes. period...

He donated 35 billion of 40 billion dollars to the bill and melinda gates foundation when he created it. The donation was a tax deduction. That means the 35 billion was not taxable income and he could deduct that amount up to 50% of his taxable income.

That meant that instead of being liable for 35% of 40 billion dollars, his tax obligations were 35% of 2.5 billion.

He also still has control over ALL of that money although he is limited in how it can be spent.

taxes 875 million, instead of 14 billion.

Now that's an oversimplification, but it illustrates the point that our tax system is broken and that non-profits (501C3's specifically) are a racket used by the uber rich.

Jaden
Click to expand...

How much tax did the Catholic church pay last year, here or anywhere. Their fortune would put Bill Gates and Warren Buffet to shame. Just sayin' :rolleyes:
 
watchez said:
Red Cross CEO - $652K plus expenss and retirement.
Click to expand...

I dont even find that outrageous these days. The Red Cross is multi national huge organization with an impossible mission. If they could find someone capable for Gratis or way less, i'm sure they would take him. I think Fredline Goodman said he'd do it for 80K but they turned him down.
 
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Nostroke said:
I dont even find that outrageous these days. The Red Cross is multi national huge organization and if they could find someone capable for Gratis or way less, i'm sure they would take him. I think Fredline Goodman said he'd do it for 80K but they didnt want him.
Click to expand...

That's because it's too much of a hassle to pay 80k in Quarters.


Eric
 
jay helfert said:
How much tax did the Catholic church pay last year, here or anywhere. Their fortune would put Bill Gates and Warren Buffet to shame. Just sayin' :rolleyes:
Click to expand...

A lot of the church's estimated wealth is property that has increased in
value over the centuries.....kinda like a farmer who's land is being eyed
by a developer.
It's not worth all that much if you're never going to sell it.
 

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pt109 said:
A lot of the church's estimated wealth is property that has increased in
value over the centuries.....kinda like a farmer who's land is being eyed
by a developer.
It's not worth all that much if you're never going to sell it.
Click to expand...

That's true and Gates' wealth is 80% in MSFT stock imo.

still id like to see ALL churches pay property and income taxes especially seeing as, imo their whole gig is BS based. If we hadn't gone nuts on spending since 2003, we probably could have taken care of the deficit with those taxes. Now i dont see any way out. none.
 
Nostroke said:
That's true and Gates' wealth is 80% in MSFT stock imo.

still id like to see ALL churches pay property and income taxes especially seeing as, imo their whole gig is BS based. If we hadn't gone nuts on spending since 2003, we probably could have taken care of the deficit with those taxes. Now i dont see any way out. none.
Click to expand...

I agree with you with the tax! BUT, you can't say it's BS based;) I'm thinking you probably don't believe in God, which is totally cool by me:) but just as you say it's BS based, you're BS yourself:) no offense, I always let people be what they want and let them believe what they choose, as long as nobody is hurting anyone, we are free to believe in what we want! But the moment I hear people say what you said,(BS based) I ask you this, if your so sure that my belief is BS based, I'd like to know how you think your belief is correct?;) I'm not looking to start a fight, I just think sometimes people don't let others believe in what they want! In other words, I didn't like the "BS based" comment! Like I said previously, as long as you're not hurting anyone, we should all be allowed to believe what we want,,,, without comments such as yours! Thanks:)
 
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