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This guy hates rich people

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MJ DeMarco

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I bet he wouldn't reject a billion dollars.

Nor would he reject living his life void of all "rich people" contributions.

I'm sure he doesn't like shitting in a bucket, wearing straw for shoes, and using candles for light.

The downside of the internet is idiots like this have a voice.
 
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G-Man

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A couple years back I bought a customized Jeep Wrangler 4 door for the trails around here. It's a 2008, so not like its new or anything.

I overheard one of my employee's complaining that if I can afford new cars, I could afford to give raises too, that she didn't make enough, blah, blah, blah...

I fired her on the spot. Trust me, someone else was glad to work her spot at the $18 an hour she was making in retail.

The attitude you describe here is the norm, not the exception for sure.

As an employer, it's sad and infuriating all at the same time. (mostly just infuriating)

My dad has been running his business for about 25 years now, and as he gets older, he's losing his filter. Apparently, 2 or 3 years ago he had a rough year and basically didn't turn a profit. This almost caused a revolt, because his 15 or so employees had basically already spent their "year end profit sharing". Like literally Clark Griswold buying a pool type shit.

They all hivemind, then one guy sacks up to go complain for everyone. According to legend the conversation went like this:

Employee: Why don't we get it this year?
Dad: We didn't make any money this year.
Employee: We got it the last 3 years.
Dad: We made money the last 3 years. We'll make money next year. Chill out.
Employee: It's not fair.
Dad: When I said "we" didn't make any money this year, I was being polite. I didn't make any money this year. Your a$$ got paid 26 times, and now you want 27?

....akward silence followed by slowly backing out of the room.
 

MidwestLandlord

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"You buy a luxury item, or really anything from a corporation, the majority of the money goes to rich people or a corporation that will hoard most of it...."

I wish my margins were that good haha.
 

MidwestLandlord

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This reminds me of the days I worked in factories. Sometimes it felt like that's all you'd hear from workers. Complaints about how they didn't have enough money and cursing anyone that had more while screaming and arguing through their unions to give them more money all the while "hating" money. Poor (in many ways), sad, conflicted people. I've met loud communists who lusted after riches just as much as anyone. People love to blame and complain. Maybe it's cathartic? Even before I had an inkling I could expand my mind and make my own money I knew I had to escape people like that and this joker.

A couple years back I bought a customized Jeep Wrangler 4 door for the trails around here. It's a 2008, so not like its new or anything.

I overheard one of my employee's complaining that if I can afford new cars, I could afford to give raises too, that she didn't make enough, blah, blah, blah...

I fired her on the spot. Trust me, someone else was glad to work her spot at the $18 an hour she was making in retail.

The attitude you describe here is the norm, not the exception for sure.

As an employer, it's sad and infuriating all at the same time. (mostly just infuriating)
 
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MJ DeMarco

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But, what is driving the vitriol in your comments against him?

I usually enjoy your expected counter perspective at the forum, however in this case, I think you are grossly mistaken.


Not quite the right word, but I'll take it.

I fear ignorant people who voice their ignorance in the public square in order to influence others. And in this case, we aren't talking about an opinion about how the Yankees will do next season, but an opinion that festers hatred.

Replace "rich people" with any class of person and what you get is someone no better than a Klansman or an anti-Semite.

Here, take a look at his comments with "rich people" replaced with another class of individuals, one you might be familiar with.

The ignorant man said:
Fact is though, JEWS don’t get rich because they earned it. They get rich on the backs of others, using a corporate system that is stacked against the common man, so why flaunt the fact that you’re just lucky?

JEWS get rich because they know how to navigate a corrupt system. Everybody can’t get rich, because they’re aren’t enough resources…

JEWS don’t feed the economy, JEWS are rich because they hoard resources through tax evasion and savings. When you spend money on fairly priced food, the money goes to the farmer and people along the supply chain who recirculate it. You buy a luxury item, or really anything from a corporation, the majority of the money goes to JEWS or a corporation who will hoard most of it, then sprinkle the small remainder to through the supply chain. This is why the world is in the deplorable condition it is in. Because of the JEWS at the top.

"Rich people" could be any class of persons - white people, blacks, New Yorkers, Muslims, Christians, really doesn't matter because his comments are flat out bigotry.

This type of ignorant hatred (and the normalization of this view) is how millions of innocent people where slaughtered in WW2, simply because one class of persons thought another class of persons was parasitical.

As far as I'm concerned, his comments are no better than modified quote above. I can try to understand your defense of his "rich people" comment, but I doubt you'd defend the "modified" version. In my view, they're exactly the same.

Bigotry is bigotry.

Fear? Yes, I fear his ignorance spreads and becomes normalized.

It's already happening in media and culture.

So I will do my part to call him out for the idiot (and bigot) he is.
 
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V8Bill

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This reminds me of the days I worked in factories. Sometimes it felt like that's all you'd hear from workers. Complaints about how they didn't have enough money and cursing anyone that had more while screaming and arguing through their unions to give them more money all the while "hating" money. Poor (in many ways), sad, conflicted people. I've met loud communists who lusted after riches just as much as anyone. People love to blame and complain. Maybe it's cathartic? Even before I had an inkling I could expand my mind and make my own money I knew I had to escape people like that and this joker.
 

G-Man

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I had to look up what an Aventador is. One of the things I've discovered with folks like this is that they often know way more about various luxury items than I do, which leads me to believe that they in fact have a secret obsession with money and the lifestyle it affords and we're dealing with run of the mill jealousy here.
 

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post-58499-Alyson-Stoner-Missy-Elliott-da-fMKo.gif
 
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KSR

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Nor would he reject living his life void of all "rich people" contributions.

I'm sure he doesn't like shitting in a bucket, wearing straw for shoes, and using candles for light.

The downside of the internet is idiots like this have a voice.

Ironically, he wrote his comment on a device that a rich person made - he also used a platform that a Billionaire owns.
 
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MidwestLandlord

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She just exposed her lack of value. Had she really proven her mettle, she would have already CONVINCED you for the raise.

I fired her because of WHO she was complaining to (one of my largest commercial clients, as he came in to settle his bill)

If I fired every employee when they exposed their lack of value, I wouldn't have any employees left haha. (serious)

If these jerks want a raise, maybe they shouldn't have stolen $20,000 worth of cash and inventory from me last year.

(and that's with VERY strict anti-shrink processes in place)

Employees are the worst invention ever.
 

The-J

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There are lots of factors that influence success and we'd be lying to ourselves if we said that connections and family wealth don't matter. We'd also be lying to ourselves if we said that it didn't matter what someone is willing to do.

It's a game of probabilities, and this poster doesn't understand them.

We could very well have an intelligent discourse on tax policy and economic rent-seeking behavior, the 'saving/investing' habits of the wealthiest people... but this guy wouldn't wanna hear it. He would likely be the type to win a $10 million lottery and blow it within 3 years, then scream bloody murder at the rich.

If this guy spent his time educating himself on how 'rags to riches' actually works, how the super wealthy protect and grow their wealth, and how wealthy families keep their money in their line for generations... maybe he'd have a better chance. But nope, he just wants to whine on the Internet. Typical.
 
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MidwestLandlord

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As opposed to laughing and taking the piss out of this guy does it not act more as a good reference point for ourselves and (i hope) the mindset shift that we have all made?

True.

But not all of us had that hate towards rich people in their mindset.

I certainly never have.

I grew up poor (homeless at times), and even then I never hated rich people. My parents have this attitude for sure, but I never did.

Mostly, since I was always told I could never be a rich guy, I set out to prove them wrong and get rich anyway.
 

MidwestLandlord

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But how strict were your measures? Still any gaps that they might have punched through, such as time delays for recording data? Some employers have cameras and hidden observers to monitor employees....

33% reduction in store manager's monthly bonus if loss is above allowables
33% reduction in regional manager's monthly bonus if loss is above allowables
100% reduction in all hourly employee's bonuses if store loss is above allowables
Video and audio monitoring, 24hrs a day in all store areas except the restrooms
Video monitoring tied to point of sale to display transactions in real time on recordings
Mystery shoppers trained in theft awareness
Armed security
Typical retail cash drawer procedures including passwords, frequent count downs, and keys
Cash drop logs with signatures
Time lock safes with magnetic entry
Frequent & unpredictable cash and inventory audits by regional managers and owners
Frequent schedule changes to reduce collusion risk
7 day a week paperwork audit by separate office workers to reduce fraud
5 day a week bank deposit audit by separate office workers to reduce floating losses
3 signature system for all refunds, overrings, and paid-outs
No "on-duty" employee purchases allowed
No personal checks from employees
 
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G-Man

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33% reduction in store manager's monthly bonus if loss is above allowables
33% reduction in regional manager's monthly bonus if loss is above allowables
100% reduction in all hourly employee's bonuses if store loss is above allowables
Video and audio monitoring, 24hrs a day in all store areas except the restrooms
Video monitoring tied to point of sale to display transactions in real time on recordings
Mystery shoppers trained in theft awareness
Armed security
Typical retail cash drawer procedures including passwords, frequent count downs, and keys
Cash drop logs with signatures
Time lock safes with magnetic entry
Frequent & unpredictable cash and inventory audits by regional managers and owners
Frequent schedule changes to reduce collusion risk
7 day a week paperwork audit by separate office workers to reduce fraud
5 day a week bank deposit audit by separate office workers to reduce floating losses
3 signature system for all refunds, overrings, and paid-outs
No "on-duty" employee purchases allowed
No personal checks from employees

Only thing you forgot here is the trash. Buying a compacting dumpster cut our game console shrink about 10%. The bastards were putting good consoles in the trash to get past the cameras, then coming back after close and dumpster diving.

I often though that if the people that worked on our processing lines applied the diligence and ingenuity to actual work that they did to theft, they would have been my boss, not the other way around.

Also, if you steal a phone from me, don't put it on offerup on the same day with the IMEI visible in the photos.
 
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Drew D

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This reminds me of the days I worked in factories. Sometimes it felt like that's all you'd hear from workers. Complaints about how they didn't have enough money and cursing anyone that had more while screaming and arguing through their unions to give them more money all the while "hating" money. Poor (in many ways), sad, conflicted people.
This reminds me of the chapter of MJ's book about choices. They chose to work at a factory, knowing they aren't going to make shit. I worked at a factory not long ago knowing I was going to make no more than min. wage.
 

corius

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I was that way. I was thinking that way for a long time.

Then after the fourth time I read TMFL it dawned on me just how limited I was thinking about money. It truelly is infinite, and when you run out of zeros you can always add more.

Until that is realized a person will always be bound by thinking that the wealthy have some "secret". And not see that the "secret" is so simple, money has no limit only our imagination limits us .
 
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c_morris

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Employee: It's not fair.
Dad: When I said "we" didn't make any money this year, I was being polite. I didn't make any money this year. Your a$$ got paid 26 times, and now you want 27?

....akward silence followed by slowly backing out of the room.

Beautiful response. Great way to handle a self-entitled employee.

Employee lesson: don't take anything for granted.
Employer lesson: don't sugar coat anything. Tell it like it is.

Sent from my SM-G930W8 using Tapatalk
 

MidwestLandlord

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Damn! You've got all guards on standby! The fort's tightly guarded and yet they are coming in and out?!
I don't know why, but I smell a rat....
With such measures in place, probably employees in higher positions might allow the breach? This could be more serious in nature. I may be wrong, though, but with all these measures, the losses should actually be a low outlier compared to the average....

Well...

I sold 15 million units last year.

$20,000 in shrink is actually pretty good.
 
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Roli

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I used to hold the same misguided views; fuelled by thoughts of my own failings. It's easier to think this way, than to do something about your situation.
 

JayPrince

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That's ludicrous! If he knew the amount of taxes Pres. Trump alone paid last year (hint. $32M), it takes thousands of people paying taxes to even just come out even with him! Not to mention the amount of charity money Bill Gates donates, or the innovation that Elon Musk brings. I remember actually believing those things in time past, leaves a sour taste in my mouth nowadays.
 

G-Man

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Talking about "the rich" as though it's some cabal of people that all know each other and are working together. That. That my friends is the harbinger of poverty.
 
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Lucid Tech

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33% reduction in store manager's monthly bonus if loss is above allowables
33% reduction in regional manager's monthly bonus if loss is above allowables
100% reduction in all hourly employee's bonuses if store loss is above allowables
Video and audio monitoring, 24hrs a day in all store areas except the restrooms
Video monitoring tied to point of sale to display transactions in real time on recordings
Mystery shoppers trained in theft awareness
Armed security
Typical retail cash drawer procedures including passwords, frequent count downs, and keys
Cash drop logs with signatures
Time lock safes with magnetic entry
Frequent & unpredictable cash and inventory audits by regional managers and owners
Frequent schedule changes to reduce collusion risk
7 day a week paperwork audit by separate office workers to reduce fraud
5 day a week bank deposit audit by separate office workers to reduce floating losses
3 signature system for all refunds, overrings, and paid-outs
No "on-duty" employee purchases allowed
No personal checks from employees

Hey so I'm having problems with employees stealing cash, can you please tell me the exact steps you used to implement all of these measures? Your post is a little light on details.

Kidding.

Damn! You've got all guards on standby! The fort's tightly guarded and yet they are coming in and out?!
I don't know why, but I smell a rat....
With such measures in place, probably employees in higher positions might allow the breach? This could be more serious in nature. I may be wrong, though, but with all these measures, the losses should actually be a low outlier compared to the average....

$20k of shrink is very good given his sales numbers. It's all about where to focus your efforts to get the biggest return.

A 2% reduction in shrink saves him around $400. A 2% increase in sales is an extra 300,000 units.
 
G

GuestUser450

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Without the middle class there is no economy so it won't be good for anyone. Just letting you know.

Thanks but you're not teaching me much; in fact I'd argue the opposite. The middle is proving to be our Achille's heel.

The "middle class" is the most dangerous place to be financially (one source of income), mentally (peer pressure, forced company culture) and physically (desk jobs kill). They're also the biggest source of envy, as the bed they've chosen to sleep in needs constant rationalization. The poor have a safety net but also want to improve their standing, the wealthy (mostly) know the tenuous grasp we have on growth and constantly stack skills to stay free. Of the 3, the middle is the most fragile.

So the comment was not meant to paint all with the same brush but to single out the dangerous thinking that, when multiplied, has given us the hole in our boat; an overconfident, over-leveraged class demanding good pay for okay work and zero accountability or sacrifice, who see no downside to lowering inequality by destroying the incentives to wealth - which have ironically provided them the very means to bitch and complain.

Note: Most of "the move" has actually been upward, which is good. But for many, a move down might correct their perspective. Just so you know.
 
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