Thursday, October 20, 2016

Little Or No Net Worth



                           GEKKO
               The richest one percent of this
               country owns half the country's
               wealth: 5 trillion dollars. One
               third of that comes from hard work,
               two thirds of it comes from
               inheritance, interest on interest
               accumulation to widows and idiot
               sons and what I do -- stock and
               real estate speculation. It's
               bullshit. Ninety percent of the
               American people have little or no
               net worth. I create nothing; I own.

                               BUD
               Dad, I'm going to jail and you know
               it.
 
                               CARL
                       (shaking his head, sober)
               Maybe that's the price, Bud, maybe
               so. It's gonna be rough on you but
               maybe in some screwed up way,
               that's the best thing that can
               happen to you...stop trading for
               the quick buck and go produce
               something with your life, create,
                don't live off the buying and
               selling of others...

From the movie Wall Street - 1987.
I was 17.
Around age 21 I would take a Chinese history course in undergrad and come to learn that  owners, those who create nothing, who live off the buying and selling of others, are viewed as vermin by the Maoists.






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