'Nationalise Motsepe's wealth'

McSack said:
That's why it's called "old money" I guess. They don't have anything to prove, and have probably realised that the less known about ones riches , the better
Ever hear or see members of the Walton family in the headlines? and the 5 siblings occupy positions 6 -10 of the richest people in the world list.
Ever even heard of Karl Albrecht? #3 on the list

I've also noticed old Billy seems to be flying under the radar lately as well.
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True :). The Nouveau riche and their bourgeois ways of showing off are just so pitiful ;).
 
R13... said:
that's your opinion of course [the other one is research]
:)
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I just view statements quoting statistics like this from Numsa with a healthy dose of skepticism... . In fact stats quoted by any politically oriented organisation should be viewed with a healthy dose of skepticism :)
 
R13... said:
:) is it maybe that that makes you more comfortable?
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No not really. I just think realistically all children in the school system are equally not able to read so that should have had an impact on who is earning what? Or are we saying the government is failing so badly?

I think Shipox will flame you for that. He did post stats saying that the gap is closing and more black people are not poor anymore. That would mean that since 94 a few million people went from no work to at least minimum wage.
So if we agree with the 38% we are saying that the ANC Created work for only 38% of the people?
We also have to take into consideration the people who left the country retired and lost their jobs or had to settle for less paying jobs, Who by BEE standards are replaced by African people.

We do agree that the biggest growing demographic is the African middle class? Oh and when it suits this government they cal brag sooooo much about this and then they have other stats.

I know more annoying questions.

My only problem with the 38- 83 % is that we have nothing to back it up.
 
McSack said:
That's why it's called "old money" I guess. They don't have anything to prove, and have probably realised that the less known about ones riches , the better
Ever hear or see members of the Walton family in the headlines? and the 5 siblings occupy positions 6 -10 of the richest people in the world list.
Ever even heard of Karl Albrecht? #3 on the list

I've also noticed old Billy seems to be flying under the radar lately as well.
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But isn't this net-worth estimated from shareholding in various listed companies and salaries? If yes, than the list/estimation is not very accurate. Not everyone has their assets at the JSE or NYSE nor is every rich guy receiving a salary income.
 
R13... said:
:) is it maybe that that makes you more comfortable?
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If i was such a racist whitey I would have smiled and laughed about the fact that white people still get more than africans.

No I only say that they are selling the African people short, and are trying to achieve something ( what I'm not sure )
 
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JungleBoy said:
But isn't this net-worth estimated from shareholding in various listed companies and salaries? If yes, than the list/estimation is not very accurate. Not everyone has their assets at the JSE or NYSE nor is every rich guy receiving a salary income.
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Not necessarily. I think the Forbes list is calculated from total assets less the total liabilities of an individual. You take a guy like Larry Ellison reported "salary" from Oracle was $1 - net worth over 22 billion
Obviously this would be dependant on what the individual actually declares so I guess there'll be some inaccuracy.
 
The hilter comparison makes no sense, i don't recall germans being oppressed by jews(although i was reading about his fear of jews controlling things) in fact i only remember jews being oppressed for centuries in europe prior and hitlers obsession with eugenics(which a few other horrific killers continued).
 
The thing about BEE is that the intention was to spread it out.. that is was the revision tabled to be pushed/changed specifically is broad based. The intention was never to created a super wealthy minority as it has using BEE
 
krycor said:
The thing about BEE is that the intention was to spread it out.. that is was the revision tabled to be pushed/changed specifically is broad based. The intention was never to created a super wealthy minority as it has using BEE
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Actually I think it was. Some of the little piggies are just squealing now because they don't think they've had their fair share at the trough
 
McSack said:
Actually I think it was. Some of the little piggies are just squealing now because they don't think they've had their fair share at the trough
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Trough, piggies, I'm loving it :D but just now PETA is going to get down on our a$$'s for starving animals.
 
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