Lots of interesting news today

paradisePWoffrd said:
bill gates was one of the first to make that same statement. He is pushing other rich folks to do the same thing, and is having some success.

7 billionaires who won’t leave their fortunes to their kids
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So here's an interesting point about this though.
We're talking about inheritance, presumably when a rich person kicks off an a reasonably old age.
By that point - their kids are grown up. Even their grandkids are likely to at least be teenagers.
So, unless they cut 'em off a really long time ago, chances are that their kids have already lived quite the nice life, and never had to struggle like the rest of us. It's hard to imagine any of these guys children were taking out student loans for college while daddy was a billionaire.
 
RatLabGuy said:
So here's an interesting point about this though.
We're talking about inheritance, presumably when a rich person kicks off an a reasonably old age.
By that point - their kids are grown up. Even their grandkids are likely to at least be teenagers.
So, unless they cut 'em off a really long time ago, chances are that their kids have already lived quite the nice life, and never had to struggle like the rest of us. It's hard to imagine any of these guys children were taking out student loans for college while daddy was a billionaire.
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If nothing else, the social and business opportunities afforded by "my dad is Bill Gates" probably outweigh most intellectual merit or earnest hardwork that might occur.
 
jeepinmatt said:
If nothing else, the social and business opportunities afforded by "my dad is Bill Gates" probably outweigh most intellectual merit or earnest hardwork that might occur.
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Heck 'My uncle is Danny Ford' afforded a whole bunch of "social opportunities" in the late 90s in SC. I can only imagine if it was, 'My dad is Bill gates'...or if it was true...
 
RatLabGuy said:
So here's an interesting point about this though.
We're talking about inheritance, presumably when a rich person kicks off an a reasonably old age.
By that point - their kids are grown up. Even their grandkids are likely to at least be teenagers.
So, unless they cut 'em off a really long time ago, chances are that their kids have already lived quite the nice life, and never had to struggle like the rest of us. It's hard to imagine any of these guys children were taking out student loans for college while daddy was a billionaire.
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That is one area where I'll give credence to those bleeding heart social experiments where you see kids/people of different socioeconomic backgrounds and they take a step forward if they received X benefit and again with Y benefit and again with Z benefit, so on and so forth. Growing up broke and first couple years out of school, I was just like, meh, f*ck it, work harder. After marrying my wife, whose grandmother was an original Food Lion investor...I see the trickle down. You hear folks of affluence say all the time that are trying to validate themselves 'my parents are rich, I'm not'. Ok Suzy, but I'm sure an allowance was nice, I'm sure not paying back $100k in student loans really helps cushion the bank/retirement accounts now. Even if it's not to that extent, family vacation, my wife's grandmother pays for rooms and most meals...so over a week that's easily $1500-2000 that's not coming out of my pocket for a vacation I would have probably gone on anyway. Continue with the trickle down, when my wife and I got married, I was planning on paying for everything, only thing that ended up coming out of my pocket were the three beach houses for the week. There are a ton of problems and stress that can be resolved with money, that people who have never been broke, just won't understand. After seeing my upbringing vs my wife's, my goal as a parent is to make sure my kids get every single advancement they can...I don't care if people think they don't work or have a silver spoon...I used to knock people for that too, until I realized what I was missing out on.
 
UTfball68 said:
That is one area where I'll give credence to those bleeding heart social experiments where you see kids/people of different socioeconomic backgrounds and they take a step forward if they received X benefit and again with Y benefit and again with Z benefit, so on and so forth. Growing up broke and first couple years out of school, I was just like, meh, f*ck it, work harder. After marrying my wife, whose grandmother was an original Food Lion investor...I see the trickle down. You hear folks of affluence say all the time that are trying to validate themselves 'my parents are rich, I'm not'. Ok Suzy, but I'm sure an allowance was nice, I'm sure not paying back $100k in student loans really helps cushion the bank/retirement accounts now. Even if it's not to that extent, family vacation, my wife's grandmother pays for rooms and most meals...so over a week that's easily $1500-2000 that's not coming out of my pocket for a vacation I would have probably gone on anyway. Continue with the trickle down, when my wife and I got married, I was planning on paying for everything, only thing that ended up coming out of my pocket were the three beach houses for the week. There are a ton of problems and stress that can be resolved with money, that people who have never been broke, just won't understand. After seeing my upbringing vs my wife's, my goal as a parent is to make sure my kids get every single advancement they can...I don't care if people think they don't work or have a silver spoon...I used to knock people for that too, until I realized what I was missing out on.
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I had it pretty good as a kid, dirt bikes, nice clothes, free college etc. I left it all and moved away on my own at 19 and made my own way. I could have used the contacts and advantages my family would have provided but i was too stupid.
Fast forward 25 years and I'm doing ok. My parents have actually moved here to be closer to me and I have the contacts!
The whole reason i have worked hard is to make sure my daughter has an upper hand in life. I don't care what anyone says about it, you should desire to give your kids the upper hand.
 
paradisePWoffrd said:
There is a 3D printer in the county library here. Maybe i need to look into the fees to use it.
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You can buy a printer that would do that for $300. And materials for about $40 max.

EDIT - looks like its already been temporarily shut down.
 
Fabrik8 said:
Yeah, but it's going to be a ABS FDM printer, which puts out weak crap. Fancy glue gun with high void content.. ;)
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Not necessarily, can be easily modded to do PET, PC or even Nylon with good precision.

Plus, you can guarantee whats available at the local library will be using an equally cheap thing.
 
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