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post #11 of 25 (permalink) Old 11-16-2019, 03:19 PM
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Yeah, it's a tough life ... eh?
Most famous people live in gated communities with high security. Sealing the general population from getting to them.
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post #12 of 25 (permalink) Old 11-16-2019, 06:53 PM
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Most famous people live in gated communities with high security. Sealing the general population from getting to them.
Of course, and rightfully so. If I were rich, I'd live the same way. It's what drives the American dream. The chance to be, and have more. There's nothing wrong with that. But it's also why they live in a bubble and not like the rest of us. Their lifestyle and therefore their thoughts on what is good for the rest of us are irrelevant.


Case in point, John Travolta thinking a scribble in ink done with his hand is somehow worth $200. A photo with his mug worth $250. He doesn't get the luxury of telling me, then, how I should live, or what is good, or bad, for me. He simply doesn't get to have an opinion on that. Just like I don't get to have an opinion on how much they have is too much. They got it, they have it, and good for them. Just that I don't have to contribute if I don't want to.
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post #13 of 25 (permalink) Old 11-17-2019, 02:48 AM Thread Starter
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Sad to say when I saw it on the news there was a line out the door of suckers paying the money. Think of how stupid the average person is. That means half of the population is even stupider. Here in Australia the top ten percent own fifty percent of the countries wealth. In your country it is even more unequal. Im not saying I want to live in a socialist country but a little more reward for effort and risk would be nice. I also read Bruce Springsteen doesn't do the meet and greet rubbish so good luck to him.
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post #14 of 25 (permalink) Old 11-17-2019, 04:43 AM
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Sad to say when I saw it on the news there was a line out the door of suckers paying the money. Think of how stupid the average person is. That means half of the population is even stupider. Here in Australia the top ten percent own fifty percent of the countries wealth. In your country it is even more unequal. Im not saying I want to live in a socialist country but a little more reward for effort and risk would be nice. I also read Bruce Springsteen doesn't do the meet and greet rubbish so good luck to him.
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post #15 of 25 (permalink) Old 11-17-2019, 11:57 AM
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Ah, yes. Jeremiah Babe from Palm Springs. Luxury Real Estate agent, commodities (precious metals) trader. Although he clearly understands the market, and the economy as a whole, does anyone really believe he can relate to the average working stiff. I mean, really relate??? I'm sure he is well meaning, but I'm not sure someone should be able to sound an alarm from the relative economic safety of his gold gilded ivory tower. He speaks from the other side of the American dream ... he's not a worker. Can he really relate? Listening to his dialog, it's full of assumption.


For the record, I'm not saying he's wrong, but sitting by his poolside in SoCal, telling the hard working souls out there they are all screwed seems a bit ... wrong. He clearly understands economics, therefore he understands that for people to be rich, then there must also be poor. Rich is relative to what everyone else has. He likely would not consider himself rich, as there are likely others around him that have more. Those around him that have less, much less, see him as incredibly rich.
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post #16 of 25 (permalink) Old 11-17-2019, 12:28 PM
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Don't forget that a lot of those $200 signatures by now have been sold on craigs and other lists for a lot more to people who could not be there but still wanted it. That's greed. Now imagine the amount of greed those people will have if those signatures would have been free?



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post #17 of 25 (permalink) Old 11-17-2019, 01:16 PM
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Don't forget that a lot of those $200 signatures by now have been sold on craigs and other lists for a lot more to people who could not be there but still wanted it. That's greed. Now imagine the amount of greed those people will have if those signatures would have been free?


Is that really greed? To buy something and attempt to sell at a profit? I was once told, "Art is worth whatever someone will pay for it". I think this applies rather universally. If some fool is prepared to purchase a Travolta autograph for more than $200, why is it greed to let it go at a profit. That is capitalism, not greed. It's a business model that has facilitated the greatest economy in history. It is the very nature of trade. I have beads, and need a horse. You have a hide but want beads, so I sell beads for your hide. I then find someone who has a horse but needs a hide. Boom, I have a horse. That is capitalism and isn't greed, it's a vehicle to acquire what one wants or needs.


If you found a $1M painting in a yard sale and bought it for $10. Is it greed to want the $1M someone will readily give you for it? Not greed but good fortune and wise move. It would be greed to demand $2M that no one will give you for it. That greed just cost you $1M. And so the world turns.
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post #18 of 25 (permalink) Old 11-17-2019, 03:49 PM
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Is that really greed? To buy something and attempt to sell at a profit? I was once told, "Art is worth whatever someone will pay for it". I think this applies rather universally. If some fool is prepared to purchase a Travolta autograph for more than $200, why is it greed to let it go at a profit. That is capitalism, not greed. It's a business model that has facilitated the greatest economy in history. It is the very nature of trade. I have beads, and need a horse. You have a hide but want beads, so I sell beads for your hide. I then find someone who has a horse but needs a hide. Boom, I have a horse. That is capitalism and isn't greed, it's a vehicle to acquire what one wants or needs.


If you found a $1M painting in a yard sale and bought it for $10. Is it greed to want the $1M someone will readily give you for it? Not greed but good fortune and wise move. It would be greed to demand $2M that no one will give you for it. That greed just cost you $1M. And so the world turns.



The point I was trying to make is that the so-called 'greed' selling your own signature is nothing different than the 'greed' selling someone elses signatures.

Note my quotes around 'greed'.

To me whatever Travolta or signature re-sellers are doing is just fine with me: everyone gets what he/she wants.
I believe 100% in capitalism, because without capitalism a lot of people do get greedy: getting things for nothing.
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post #19 of 25 (permalink) Old 11-17-2019, 05:29 PM
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What it boils down to is, what are you willing to pay, & what are you going to do with it?
$200.00 per sig, times how many were signed there, times how many other venues, & how many were signed at each,
doesn't appear to me to be a solid ''investment.''


I could be wrong.
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post #20 of 25 (permalink) Old 11-17-2019, 05:51 PM
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In my high school economics class ( do they still have those ?) in 1968
Question: How much is a truly fair and legal price for anything that's for sell ?
Answer: As much as the market will bear.
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