Politics

[Big_Easy]

Seems to be a sizable income jump from upper middle class to billionaire. What percentage of a billionaires success would you put on genetic, family inheritance, own skills

Depends upon the billionaire. More for some, less for others. Lets take Bill Gates since he was already mentioned. Would he have been successful regardless? Sure. But would he have been a Billionaire? Probably not. His mom was on the same Charity Board as the IBM CEO. Almost nobody has those types of connections. But the timing also matters as well. Plus the placement. He was in the right country, in the right location at the right time...with the right connections. His family also had the type of money where he could toil in a garage for a few years working on projects. Many families don't have that luxury. It's harder to do that when you have to spend all your time working to help your family make rent or pay the light bill. Not impossible, just harder. Its like running a 100 yard dash, and starting on the 50 yard line. While everyone else starts at 0.

A score of 8 is upper-middle-class. 308/400 Forbes Billionaires are in the 1-8 score range. 92 are not. 92 billionaires are the true "rags-to-riches" success stories...good for them.

The Forbes 400 Self-Made Score: From Silver Spooners To Bootstrappers

Since 2014, Forbes has assigned a self-made score to every member of The Forbes 400. The percentage of self-made people on the list has barely changed since then, but all but one of the 18 newcomers this year established their fortune on their own.

www.forbes.com

 

[LivingTheDream]

I'm not so sure you all understand just how lucrative bartending can be.

https://people.com/attorney-makes-double-salary-as-restaurant-server-exclusive-11990709

I've seen many people go back to bartending because they make more money than working an office job.

I was a manager in a big 4 before I caught up to what I would be making bartendering and being a caddie.

I also got free drinks and free golf.

I am now questioning my life decisions.

 

[mdwest]

I was a manager in a big 4 before I caught up to what I would be making bartendering and being a caddie.

I also got free drinks and free golf.

I am now questioning my life decisions.

the problem is that bartending has a short lifecycle.. you dont see many 55 year old bar tenders making bank like a 25 year old working in the hottest nightclub in town.. and it also has a very low ceiling.. where do you go from there? Manage the bar?

a manager in the big 4 can take you all the way to retirement with the same or greater income level.. and the ceiling is extremely high.. a senior partner in a major market area can be a 7 figure comp package...

Id guess 7 figure income bartenders are pretty hard to find...

 

[Tubby’s Canteen]

I'm not so sure you all understand just how lucrative bartending can be.

https://people.com/attorney-makes-double-salary-as-restaurant-server-exclusive-11990709

I've seen many people go back to bartending because they make more money than working an office job.

I could waste my time finding the earnings of the best high end strippers to quote or make reference to the top earning o.f. Girls but no one would want their daughter to choose that as a career path.

 

[Goopy]

I was in 8th grade at the bicentennial. Made this in shop class 50 years ago.
View attachment 771520

Friggin outstanding!

 

[Betterinthebush]

Id guess 7 figure income bartenders are pretty hard to find...

even AOC put that math to paper. Maybe she’s not as dumb as I gave her credit for.

 

[Killingtime]

the problem is that bartending has a short lifecycle.. you dont see many 55 year old bar tenders making bank like a 25 year old working in the hottest nightclub in town.. and it also has a very low ceiling.. where do you go from there? Manage the bar?

a manager in the big 4 can take you all the way to retirement with the same or greater income level.. and the ceiling is extremely high.. a senior partner in a major market area can be a 7 figure comp package...

Id guess 7 figure income bartenders are pretty hard to find...

We were staying at Gaylord palms in Orlando a couple weeks back and the young guys doing valet and helping with bags definitely were cleaning up. For a side gig while in school or to get cash to make a run at a dream definitely worth considering for some. for a long term proposition possibly not the greatest idea. Though there was one older Cuban cat doing baggage he was probably early 60’s he was hustling he had setup four of us before any of the other kids could ask to help he probably made $80 in 5-10 minutes lol.

 

[spike.t]

Looks like a real dogs dinner mashup.....as my gut told me a ballsup

What Iran and US get from deal and why both could struggle to keep it

BBC analysts assess the claims by both Washington and Tehran to have won a victory with the deal to end their war.

www.bbc.com

 

[spike.t]

Was kinda wondering this myself with Vance....set up as the fall guy....

In Trump's shadow, Vance becomes face of Iran deal

His fierce defence of the Iran plan amid mounting criticism comes as speculation intensifies about a possible 2028 presidential run.

www.bbc.com

 

[spike.t]

And khameini also positioning himself away from the agreement.....wonder if the Iranian negotiators might be feeling a bit nervous

US lifts naval blockade as Iran's supreme leader says Trump made deal 'out of desperation'

Iran's supreme leader says he disagrees with the deal and Donald Trump signed it "out of desperation".

www.bbc.com

 

[Pheroze]

What is incredibly sad with this exercise, is the encouragement to all those young people who have now been killed believing the cavalry was coming. I hope it was just bad planning and not the President speaking out of turn and just shooting his mouth off. That would be tragic

 

[Red Leg]

I have no clue what the administration thinks it is doing with respect to Iran. The Iranians are treating the agreement publicly as "capitulation" by a "desperate president;" the Israelis are never going to agree to ignore either Hamas or Hezbollah the latter which received some 80 strikes last night; the talks in Switzerland have been postponed; and we have apparently unilaterally ended the blockade. I don't know what the polymarket odds are at the moment, but I would put the likelihood of anyone ever removing nuclear material from Iran as rather remote. Moreover, the administration seems incapable of even getting its messaging straight. I find it interesting that Rubio has vanished on the issue, and it has been Vance trying to sell it.

 

[375 Ruger Fan]

And it seems a number of prominent Republicans have grown a backbone and are speaking out against Trump and the deal with Iran.

 

[Tanks]

I find it interesting that Rubio has vanished on the issue, and it has been Vance trying to sell it.

Rubio has always been hawkish on Iran and he was supposedly against the deal. The MOU is capitulation by USA and with Iran selling oil without sanctions, $300B future development etc. the regime is better off now than before the war.

 

[Brent in Az]

The more details that emerge on the Iran deal, the more I think "WTF"?

 

[LivingTheDream]

the problem is that bartending has a short lifecycle.. you dont see many 55 year old bar tenders making bank like a 25 year old working in the hottest nightclub in town.. and it also has a very low ceiling.. where do you go from there? Manage the bar?

a manager in the big 4 can take you all the way to retirement with the same or greater income level.. and the ceiling is extremely high.. a senior partner in a major market area can be a 7 figure comp package...

Id guess 7 figure income bartenders are pretty hard to find...

For me it was no lady goes home to her family and brags she is dating a bar tender.

 

[Brent in Az]

For me it was no lady goes home to her family and brags she is dating a bar tender.

True, but a guy will brag like crazy about the hot bartender he is dating

 

[Tanks]

For me it was no lady goes home to her family and brags she is dating a bar tender.

Depends. The bartender at my favorite restaurant has been there for 30+ years. He is making the bank. People also eat at the bar when not making dinner reservations, so he gets tips from those meals as well. I'll be sad when the chef/owner closes the restaurant as it is one of two privately owned fine-dining restaurants around. A lot of memories there as I had held my daughter's high school graduation celebration meal at their wine cellar. Will be there this coming Saturday evening.

 

[Aaron N]

Rubio has always been hawkish on Iran and he was supposedly against the deal. The MOU is capitulation by USA and with Iran selling oil without sanctions, $300B future development etc. the regime is better off now than before the war.

It’s a great win for the American people, some may even say the hugest of wins. No president has ever had such an enormous win! Not even Obama could have given the regime so much money with so few restrictions. MIGA!

 

[fourfive8]

“Prominent Republicans growing a backbone”??? Hah! Hardly. They went with Dems on passing extension of FISA but frady skeered spineless swamp dwellers in supporting or passing Voting integrity- Save Act. The only backbone they have is from back bench and 20-20 hindsight… enough backbone to timidly, occasionally lifting a wet finger into the air.