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Babezy wrote:mailady wrote:If you don't feel wealthy then you place too much importance on money. My kids need dental work that I can't afford. How does "feeling wealthy" help? I was attempting to be philosophical,but I guess I was just tired. You are right,certainly. Sorry.
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[/quote]
I was attempting to be philosophical...[/quote]
In that case, you and I were both correct, mailady, but we were talking apples and oranges. I'm aggravated that I can't pay for my kids' dental work, so in a literal sense I'm not wealthy. But I have the kids--the sun and moon of my life--so in your sense of the term I'm extremely wealthy. And we're both right when it comes to my mom and mother-in-law; having them in the family is "happiness wealth," and they've used their relatively larger worldly wealth for our family--one gave us the money for a laptop, and the other is covering the dental bills. Wealth can be viewed from a lot of angles, like the elephant in the story!
This is not a novel to be tossed aside lightly. It should be thrown with great force. --Dorothy Parker
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Babezy: My mom took my sister and I to the dental school in San Francisco in the early 1970s when I was a teenager. We hadn't been able to afford a dentist as she was a single mom. We were able to get exhaustive dental care for a minimal cost. I don't know where you live, but this could be a solution to your situation.
The fatal pedagogical error is to throw answers, like stones, at the heads of those who have not yet asked the questions. – Paul Tillich
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Thanks, Cat!
This is not a novel to be tossed aside lightly. It should be thrown with great force. --Dorothy Parker
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Ask not what your INCOMEtry can do for you, but what you can do for your IMCOMEtry. 
STRENGTH IS BUILT FROM ONES FAILURES NOT FROM ONES SUCCESSES –COCO CHANEL
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I'd consider myself wealthy.
If I had to work 50 or 60 hours a week, or in some really unpleasant environment to earn it, I'd consider myself stupid.
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A junior High school teacher in the Philippines earns about 3000 dollars per annum. (yes, three thousand).
Educators are highly respected here.
Where has all the money gone?
All the overseas workers (a great source of taxation for the government) may ask the same question when they leave their families behind to earn a decent living.
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To those who don't think an annual quarter of a million dollars is wealth, consider that on a global scale you are in the top 1 or 2 percent. I could easily give examples of extreme poverty, such as that seen in Africa, East Asia, and in countries suffering totalitarian regimes, but won't because you already acknowledge your extreme good fortune, don't you?
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I would like to live off the interest that would be cool.
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In most parts of the United States, an annual income of $250,000 should be more than enough to buy a home, groceries, medical insurance, and the other necessities of life. Maybe, conceivably, if someone had an extremely large number of children to support and lived in an area with expensive real estate (Manhattan, for example), then it may be tough to get by... But generally, yes, a $250,000 income translates to a comfortable way of life.
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Alohafax wrote:In most parts of the United States, an annual income of $250,000 should be more than enough to buy a home, groceries, medical insurance, and the other necessities of life. Maybe, conceivably, if someone had an extremely large number of children to support and lived in an area with expensive real estate (Manhattan, for example), then it may be tough to get by... But generally, yes, a $250,000 income translates to a comfortable way of life. Of course they can. That's why I think that any income over 200,000 should be taxed at 100 percent.
"The Capitalists will sell us the rope with which we will hang them." Lenin
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Then why would anyone even TRY to make over $200,000??
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That's my 1,250 month wages! Yet I am classified as middle class in my country as my monthly income is over $60.
Yes we have massive natural resources but they are owned by (mostly) Americans. God Bless America.
Every design has a designer
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Most of South Borneo is owned by Americans?
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There are a few newly found gas wells in SB. I saw name Exxon and Halliburton. I reckon those are American's.
In Papua, Freeport has taken 700 million tonnes of gold and Indonesian government only get 2% (only 1% before re-negotiating).
Every design has a designer
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Ah maybe "owned" is too strong, I should have used "managed".
--
I always feel grateful with my current condition, there are still many poorer, unlucky people out there.
I always remember one thing..
We were born
We live a little while
Then we die...
Every design has a designer
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Blooper wrote:In Papua, Freeport has taken 700 million tonnes of gold and Indonesian government only get 2% (only 1% before re-negotiating).
Blooper, may I suggest that you check the figures that you quoted. 700 million tonnes of gold? I would say in all probability that even 700 million ounces would be too large a figure.
Gold is traded in ounces and is currently around US$1600+ per ounce.
There are 16 ounces to the pound, 2240 pounds to the ton, which is approximately the same as the metric tonne!!
That puts gold at US$25,600 per pound, or US$57,344,000 per ton.
RULES ARE FOR THE OBEYENCE OF FOOLS AND FOR THE GUIDENCE OF WISE MEN
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725 million tonnes. That's the number I found on a few sources, although I doubt it myself. But I found one very credible news site that can give a little information... http://bisnis.vivanews.com/news/read/257504-produksi-emas-freeport-indonesia-turunplease use google translate. I quote a bit part: Quote:Januari-September 2011 Freeport Indonesia produced 1,12 million ounce of gold, decrease 5% from the same period last year... Freeport has been operating since 1967 and has been producing since 1971. Hmmmm... OK then, I think I was wrong.
Every design has a designer
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Thank you for the link Blooper, that mine looks very similar to one near us. Quote from article:
During January-September 2011, Freeport Indonesia gold producing as much as 1.12 million ounce, or down five percent (62 thousand ounces) compared to the same period last year to reach 1.18 million ounce.It appears that this mine is 'almost' economically worked out as the gold yield per ton of rock must be diminishing as they go deeper, and, the cost of hauling substantially increases. We have an open cut mine not far from us, just like that one pictured in the article. They are closing it in June as the cost of hauling rock up to the crushers for a yield of just a few grams per tonne is uneconomical,(there are approximately 35 grams to the ounce).They are crushing 24 million tonnes of rock annually. The mine is now focused on underground mining with conveyors to carry the rock up to be crushed. Most of the work is done by computerised machinery, from the drilling through to the blasting and extraction. They shift a lot of rock to get just one ounce of gold. This is the mine being shut down. 
RULES ARE FOR THE OBEYENCE OF FOOLS AND FOR THE GUIDENCE OF WISE MEN
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It think it's local people around the mining site who will get the bad effect the most (waste, chemical,..).
Poor Papuans.. The land is very rich but most native people still live in poverty.
That's imperialism by government (Javanese) + giant capitalist corporates.
Every design has a designer
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From the original post,
250k pa US, well in UK terms £125k pa now wouldnt that be nice.
only five or so than ive managed in a year.
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GDP per Capita, IMF (2011 estimate):
5. Australia US$ 66,984
6. UAE US$ 66,625
10. Canada US$ 51,147
13. Finland US$ 50,090
15. USA US$ 48,147
18. Japan US$ 45,774
19. Germany US$ 44,558
21. Iceland US$ 43,226
22. UK US$ 39,604
61. Argentina US$ 10,640
90. Thailand US$ 5,281
91. China US$ 5,184
108. Indonesia US$ 3,469
126. Philippines US$ 2,255
Every design has a designer
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