2
0

What the Hell Do They Do With All the Money, You Say?


 invite response                
2014 Nov 9, 4:51am   4,134 views  8 comments

by Robert Sproul   ➕follow (1)   💰tip   ignore  

This is one thing the parasitical .001% elites do with their ill gotten boodle.
Results of a recent art auction:

Koons' Balloon Dog, a 10-foot-tall stainless-steel rendition of a child's party favor, went for roughly the same amount the White House recently requested to develop an Ebola vaccine. 58.4 million bucks.

The same $142.4 million spent on a Francis Bacon triptych at Christie's would have funded India's entire Mars orbiter mission — twice.

This Christopher Wool (What, never heard of him?) masterpiece went for $26.4 MILLION, having "appreciated" 350,000 percent in 25 years.

Comments 1 - 8 of 8        Search these comments

1   mell   2014 Nov 9, 4:56am  

The good thing about this is that when the next crisis hits that crap will be worthless - or at least depreciated to the hilt. Because you can't eat or trade that shit for much. Unless of course they get bailed out again by the Fed and the government fucks. Keep peddling raising the national debt so those fucks can keep buying their great art work. Hey, at least the artists get a cut ;)

2   Zakrajshek   2014 Nov 9, 6:33am  

Most of the rich are greedy, glutenous, obsessive pigs that only want more, more, more! They can never be satisfied, and their very identities are mostly tied to their wealth. Their money is who they are. It really is a mental illness.

Would anyone really want to go over to one of these guys houses and spend the whole time having their crappy possessions shoved in your face all day? Nah. Forget it. That would make me sick.

Thoreau said of accumulating wealth"...laying up treasures which moth and rust will corrupt and thieves break through and steal. It is a fool's life, as they will find when they get to the end of it, if not before."

3   MisdemeanorRebel   2014 Nov 9, 8:02am  

This is why we need moar tax cuts and broaden the tax base (read: Tax the Working and Middle Classes).

Otherwise, we'd get less groundbreaking stencil art. Mars? Vaccines? Fuck that.

4   New Renter   2014 Nov 9, 8:36am  

Or buy junked battle tanks for a few grand, then spend millions apiece to restore them to factory condition, then park the tanks in a giant garage on your 500 acre real bay area estate.

If the tanks don't keep the neighbors in line the Scud missiles will.

5   Bellingham Bill   2014 Nov 9, 10:11am  

I do respeck whats-his-face for buying fucking Lanai tho.

Gangster.

http://www.nytimes.com/2014/09/28/magazine/larry-ellison-island-hawaii.html?_r=0

6   Robert Sproul   2014 Nov 9, 10:37am  

Bellingham Bill says

I do respeck whats-his-face for buying fucking Lanai

Seems like a decent value.
140 square miles of paradise for the price of a couple of Francis Bacon canvases.
Or the 300 milly that Ellison got for his damn boat last year.

7   mell   2014 Nov 9, 11:04am  

APOCALYPSEFUCKisShostikovitch says

They buy babies straight from the wombs of poor women and EAT THEM, FUCK YOU!

FUCK YOU!

It's Americans' money, and FUCK YOU, they'll throw it form bridges if they want because that is what the Founding Fathers intended.

Right on! I also heard they buy an army of midgets to prance around the dinner table in a ring-token fashion, balancing cylindrical hats upside down on their heads which have lines of blow stacked around the rim so they can snort in regular intervals in between all the caviar and champagne.

8   Reality   2014 Nov 9, 6:30pm  

With some art auctions, one has to wonder if money laundering is taking place using the transfer of random artifacts to cover the transfer of large sums of money to specific recipient.

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   random   suggestions