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The $38,000 hand bag: if you had more money, how would your lifestyle change? (Original Post) hedgehog Aug 2013 OP
I could never spend that much on a pocketbook Marrah_G Aug 2013 #1
Where do you draw the line? Bunnahabhain Aug 2013 #5
An expensive dinner out to me would be 100 bucks Marrah_G Aug 2013 #10
100 bucks could feed a lot of mouths Bunnahabhain Aug 2013 #12
Not playing your game. Marrah_G Aug 2013 #15
Of course there is an absolute difference Bunnahabhain Aug 2013 #19
It's an exercise in distraction that attempts to hide the real issue Orrex Aug 2013 #31
That's your opinion Bunnahabhain Aug 2013 #57
No, it's simple math Orrex Aug 2013 #59
The point? You missed it. Bunnahabhain Aug 2013 #64
No, I got it, such as it is. Orrex Aug 2013 #65
Actually, what this amounts to is YOU determining how much is appropriate for others. KittyWampus Aug 2013 #76
Bingo! Bunnahabhain Aug 2013 #90
Yeah, but you use your yardstick to beat up the less wealthy person Orrex Aug 2013 #95
Uh, nope. Orrex Aug 2013 #91
Yup, now I'm sure you missed the point. Bunnahabhain Aug 2013 #94
Your point isn't what you think it is Orrex Aug 2013 #97
Contradiction is not an argument either Bunnahabhain Aug 2013 #99
I agree that your posts become less and less worthy of reply Orrex Aug 2013 #101
I did not say I was "just joking." Bunnahabhain Aug 2013 #103
So you weren't serious in your criticism, but you weren't joking, either Orrex Aug 2013 #106
Yawn Bunnahabhain Aug 2013 #110
I reply because you haven't understood my replies Orrex Aug 2013 #114
I think these are you problems, not me problems. Bunnahabhain Aug 2013 #117
Yes! HangOnKids Aug 2013 #77
Most of the robber barons were also very philanthropic. avaistheone1 Aug 2013 #150
I'd like to expand on your comment by pointing out that hedgehog Aug 2013 #115
No, you've got it all wrong Orrex Aug 2013 #119
The sad fact is DonCoquixote Aug 2013 #128
wow.. $100 could go a long way for someone, and you would waste it on 1 dinner? wow.. GalaxyHunter Aug 2013 #42
$38k to Oprah is like $38k. Marr Aug 2013 #67
I hate having to explain things Bunnahabhain Aug 2013 #92
Yes, I learned about fractions and ratios in the fourth grade-- thanks. Marr Aug 2013 #96
Are you sure? Bunnahabhain Aug 2013 #100
What's got you so upset? Marr Aug 2013 #107
Yes, I am the one not making any sense. Bunnahabhain Aug 2013 #112
Do you even know what a nominal number is? Marr Aug 2013 #123
Yes, I do know what a nominal number is and we are not talking about those. Bunnahabhain Aug 2013 #127
"A bit loosely"? lol, if that pads your ego, ok. Marr Aug 2013 #129
Now you are admiting we're not talking "nominal numbers?" Bunnahabhain Aug 2013 #130
Most people don't live in the United States. /nt Marr Aug 2013 #131
This is getting really silly Bunnahabhain Aug 2013 #132
I don't use language, um... "loosely". Marr Aug 2013 #133
You win Bunnahabhain Aug 2013 #134
Would you take a vacation? gollygee Aug 2013 #66
I'd hire someone to carry my stuff around vankuria Aug 2013 #135
I might start a business with a known designer and Whisp Aug 2013 #155
If I had that money I would use it to hire unemployed union people to fix homes for the homeless.... midnight Aug 2013 #179
It wouldn't be spending 40 grand on a purse quinnox Aug 2013 #2
Re-plumb, wire, roof, level the house, CACH, left-over toward a new car. Eleanors38 Aug 2013 #56
I'LL kick it off - hedgehog Aug 2013 #3
The dream that pipi_k Aug 2013 #17
Dreams CAN come true, mine did. ConcernedCanuk Aug 2013 #47
Just remember... Sotf Aug 2013 #62
Got a link to back that up? Marr Aug 2013 #68
Oh, this has been brought up plenty of times. And there are DU'ers who DO begrudge someone KittyWampus Aug 2013 #80
Really? Grandpa's house? HangOnKids Aug 2013 #83
I'd really need to see some proof of that. Marr Aug 2013 #88
Took my pick... Sotf Aug 2013 #136
Huh. Well, one is enough. I don't agree with that individual, and I would Marr Aug 2013 #138
Cheers... Sotf Aug 2013 #139
These are probably the same folks LordGlenconner Aug 2013 #160
The old some who think meme HangOnKids Aug 2013 #82
My father earned that money ConcernedCanuk Aug 2013 #104
My dreams don't involve anyone's death. n/t lumberjack_jeff Aug 2013 #71
I dreamed of a good life ConcernedCanuk Aug 2013 #105
Most who aren't trying to be overtly difficult knew this LordGlenconner Aug 2013 #161
I don't know how much is 'enough' shenmue Aug 2013 #4
If you had no debts, health care wasn't an issue, if you had lottery level money hedgehog Aug 2013 #6
If I had $38k? NuclearDem Aug 2013 #7
+1000 darkangel218 Aug 2013 #151
It probably wouldn't. Decoy of Fenris Aug 2013 #8
It's stupid - it's just rich people giving other rich people money. reformist2 Aug 2013 #9
PR Stunt? dbackjon Aug 2013 #111
She is a celeb with a movie coming out. Anything that gets her name in the papers. reformist2 Aug 2013 #113
But the larger point is, it happens to even high-profile minorities CakeGrrl Aug 2013 #165
I certainly wouldn't spend that kind of money on a handbag Art_from_Ark Aug 2013 #11
If I had more money abelenkpe Aug 2013 #13
Any idea what real lottery winners end up doing with their money? hedgehog Aug 2013 #14
The whole show (which did not get greenlit) abelenkpe Aug 2013 #21
Odd-- I saw a series on... Discovery, I believe... that covered exactly that topic. Marr Aug 2013 #89
The Lottery Changed My Life Bay Boy Aug 2013 #93
Wow, that was a slow motion train wreck. Fla_Democrat Aug 2013 #175
The stories can vary a lot abelenkpe Aug 2013 #149
"How much money is enough?" - That completely depends on what your goal is. demwing Aug 2013 #16
I wouldn't change my lifestyle NoOneMan Aug 2013 #18
I'd be able to see my girlfriend an marry her for a start sakabatou Aug 2013 #20
There's a nice 30+ acre plot of land I have my eye on.. opiate69 Aug 2013 #22
Is Oprah is entitled to spend that kind of money as she pleases? MrScorpio Aug 2013 #23
I agree that Oprah has done a lot of good - not only with her money but in how she earned it - hedgehog Aug 2013 #27
One thing that has always bothered me about some of the "good" things Oprah does is . . . markpkessinger Aug 2013 #61
I don't know gollygee Aug 2013 #70
She didn't "earn" it all by herself. That's the problem. NOBODY does. duffyduff Aug 2013 #37
So are you saying that she's not entitled to her personal wealth? MrScorpio Aug 2013 #52
This isn't a fair assessment gollygee Aug 2013 #69
Pay off debt and put the rest in savings. Neoma Aug 2013 #24
My lifestyle would completely change Bunnahabhain Aug 2013 #25
Well, my posts here would change dramatically... Safetykitten Aug 2013 #26
Enough to get out of debt. knitter4democracy Aug 2013 #28
if it were for sale for charity, and I had money hollysmom Aug 2013 #29
I don't know that there's ever enough. MrSlayer Aug 2013 #30
I would have: LWolf Aug 2013 #32
So you would be happy with this: hedgehog Aug 2013 #34
I would love the second picture! GalaxyHunter Aug 2013 #43
Not me! All I can think of is how much time it would take to clean the hedgehog Aug 2013 #118
Well if I had the money I would just hire someone to clean my house! GalaxyHunter Aug 2013 #120
I prefer the first one Tree-Hugger Aug 2013 #49
Of course. LWolf Aug 2013 #53
I Would Love A Handicapped Bathroom... grilled onions Aug 2013 #84
prefer the one with the toilet JI7 Aug 2013 #142
I'll be honest and say I'd buy a lot more and nicer stuff taught_me_patience Aug 2013 #33
I fantasize about... Phillyindy Aug 2013 #35
I'd build a more efficient house, not bigger, just better. Bigger tractor and welder maybe. 1-Old-Man Aug 2013 #36
Wouldn't make a dent in our medical debt and student loan debt... hunter Aug 2013 #38
I would take cruises all over the world! Probably buy my own island. GalaxyHunter Aug 2013 #39
I wouldn't blow that kind of money on a purse. noamnety Aug 2013 #40
I would buy nicer stuff laundry_queen Aug 2013 #41
This message was self-deleted by its author Waiting For Everyman Aug 2013 #44
Well.... Tree-Hugger Aug 2013 #45
Not like that... I would never want to live like the top 1%, but I'd surely like to have the money hlthe2b Aug 2013 #46
I certainly wouldn't live the lifestyle of the rich and famous... ohheckyeah Aug 2013 #48
I'd be happy with a modest home that was fun and comfortable. Ian David Aug 2013 #50
Enough for what? nt valerief Aug 2013 #51
I have a great life, and have more than I need, which is relatively little. Zorra Aug 2013 #54
I've lived on that bag for the last three years Ichingcarpenter Aug 2013 #55
I'd travel a lot BainsBane Aug 2013 #58
I am basically a hermit, not much change except I wouldn't worry about being able to pay bills, Mnemosyne Aug 2013 #60
38k is 10k more than what I make in a year as a case worker. Puzzledtraveller Aug 2013 #63
I would like to have a few mil. I would open up non kill shelters for stray dogs and cats darkangel218 Aug 2013 #72
For some people, no amount is ever adequate. lumberjack_jeff Aug 2013 #73
Do we even know she knew how much this bag cost? gollygee Aug 2013 #74
She tweeted this... Phentex Aug 2013 #143
Thank you for the tweet gollygee Aug 2013 #144
I'm sure that she thought it cost $200 like all the other bags in that store Orrex Aug 2013 #145
They probably have some that cost up to a few thousand even gollygee Aug 2013 #146
Again, though, it's amazing that she managed to hit the bullseye Orrex Aug 2013 #148
I dont buy it. I think her tweet is damage control. darkangel218 Aug 2013 #156
the time line does not work... Phentex Aug 2013 #164
Every business/public person will resort to damage control if needed. nt darkangel218 Aug 2013 #166
I'd quit my job and volunteer my work hours to make things better..... Burma Jones Aug 2013 #75
a cottage by the river elleng Aug 2013 #78
I would replace my car tabbycat31 Aug 2013 #79
I'd surprise all my employees with a new iPad and $10k each gollygee Aug 2013 #81
Not much, probably. Just would have more peace of mind about ability to pay for long-term health MotherPetrie Aug 2013 #85
I could do with more income. I find when you have to often Cleita Aug 2013 #86
I like how people say they will never change. Vashta Nerada Aug 2013 #87
I have enough Warpy Aug 2013 #98
I don't think it was change my lifestyle that much Drale Aug 2013 #102
That $38K handbag would probably fetch only 50 bucks. . . DinahMoeHum Aug 2013 #108
My god. She didn't even buy the purse. B2G Aug 2013 #109
Yes - I am offended that such a purse exists! It's a prime example of conspicuous consumption! hedgehog Aug 2013 #121
If I suddenly fell into huge money (9 figures) I would do this... jmowreader Aug 2013 #116
If I were a multi-millionaire I still would never buy clothing or accessories that cost 38 grand arely staircase Aug 2013 #122
unless the hand bag contains a genie that would grant me three wishes - I cannot see ever spending Douglas Carpenter Aug 2013 #124
This message was self-deleted by its author Adam051188 Aug 2013 #125
My cars would be restored much more quickly and my passport would Egalitarian Thug Aug 2013 #126
I would buy an electric car, have solar panels installed and maybe a windmill Rosa Luxemburg Aug 2013 #137
I'm not a "thing" person or a status person, over the years when my income has increased Luminous Animal Aug 2013 #140
Ball washer Major Nikon Aug 2013 #141
Besides the money, I just need a Volcanic Island, an underground lair, a bevy of Katashi_itto Aug 2013 #147
$38k for a leather bag while people struggle to get by LittleBlue Aug 2013 #152
A few days ago i heard on the radio that Kim Kardashian and her hubby darkangel218 Aug 2013 #153
I hope I would never be dumb enough to buy something at that price Whisp Aug 2013 #154
Right on!! darkangel218 Aug 2013 #157
I'd start out more simple Spirochete Aug 2013 #158
What is the difference between a $38,000 purse and a $500 purse? Taitertots Aug 2013 #159
It wouldn't except I would earn more interest and dividends each month. RB TexLa Aug 2013 #162
If I was rich NoPasaran Aug 2013 #163
lmao!!! darkangel218 Aug 2013 #167
I'd get that fur lined sink that I've been eying up.... n/t kiawah Aug 2013 #168
lol Liberal_in_LA Aug 2013 #174
Better vacations! Bettie Aug 2013 #169
I'd give more money to charity burnodo Aug 2013 #170
If I had more, I'd give most of it away. Th1onein Aug 2013 #171
+ 1000 darkangel218 Aug 2013 #172
We are so fortunate in that we're financially stable. phylny Aug 2013 #173
That would buy my surgery. That would be enough. glinda Aug 2013 #176
As very wealthy acquaintances of mine once said "It's never enough." Just Saying Aug 2013 #177
I'd Generously Pay Someone to Cook otohara Aug 2013 #178
Oprah's makes 38k before she finishes her frosted flakes or whatever Vinnie From Indy Aug 2013 #180
Skip the handbag and help my community Generic Brad Aug 2013 #181

Marrah_G

(28,581 posts)
1. I could never spend that much on a pocketbook
Mon Aug 12, 2013, 11:42 AM
Aug 2013

With so many people in need, I don't understand how people can do that without feeling incredibly greedy and guilty.

 

Bunnahabhain

(857 posts)
5. Where do you draw the line?
Mon Aug 12, 2013, 11:49 AM
Aug 2013

I personally do not ever foresee me spending 38k on something like this. I mean, do I have 38k I could spend on this? Yeah, sure, but 38k means something to me relative to my income. To Oprah 38k is like losing a $5 bill. So where do we draw the line? Do you feel incredibly greedy and guilty if you go out for a nice dinner? I mean, a nice dinner with drinks and bottle of wine? Know how many people in need that could feed?

We all probably do things that someone else could deem outrageous given the needs of others but I think the dollar amounts are relative based on income and/or net worth.

Marrah_G

(28,581 posts)
10. An expensive dinner out to me would be 100 bucks
Mon Aug 12, 2013, 11:52 AM
Aug 2013

I understand where you are going with the questions and it's not a game I intend to play.

38,000 for a hand bag is excessive and disgusting. Period. It just is.

 

Bunnahabhain

(857 posts)
12. 100 bucks could feed a lot of mouths
Mon Aug 12, 2013, 11:56 AM
Aug 2013

You might consider this "a game" but it's not. We all tend to judge things by our own yardsticks, and IMO, that's an important thing to keep in mind to remain humble morally speaking. When I was growing up I can remember my mother telling me how it cost .45 cents for my little sister and I to ride the rides at a harvest fair. That has stayed with me for 30 years as I was in shock she would spend so much on the temporary happiness of my little sister and I. I now pay over $2 for a Starbux every morning. Something I like to keep in mind when counting my blessings and determining what my charity budget will be for the year.

Marrah_G

(28,581 posts)
15. Not playing your game.
Mon Aug 12, 2013, 12:00 PM
Aug 2013

If you cannot understand the difference between 100 dollars and 38000, I just don't know what to tell you. But I think you do know the difference.

 

Bunnahabhain

(857 posts)
19. Of course there is an absolute difference
Mon Aug 12, 2013, 12:08 PM
Aug 2013

but I'm pointing out our personal yardsticks. It's an exercise of self reflection so it makes many uncomfortable.

Orrex

(63,203 posts)
31. It's an exercise in distraction that attempts to hide the real issue
Mon Aug 12, 2013, 12:29 PM
Aug 2013

Last edited Mon Aug 12, 2013, 02:19 PM - Edit history (1)

According to the rules of your game, we need only find the most indigent, the most disadvantaged person in the world, and the rest of us can go screw ourselves.

The real issue is the hyper-concentration of vast wealth and the society-wide strangling effect that such concentration has upon the economy. The proposed $100 would not make a significant, longterm impact to any family in the US. The actual $38,000 could fundamentally transform the lives of a family of four.


Any call for "self reflection" in this context is patronizing and an insult.

 

Bunnahabhain

(857 posts)
57. That's your opinion
Mon Aug 12, 2013, 01:14 PM
Aug 2013

Mine is different. This is nothing more than the nosy old neighbor lady "tch, tch'ing" at people. Oprah, by all accounts, has been very philanthropic.

Orrex

(63,203 posts)
59. No, it's simple math
Mon Aug 12, 2013, 01:38 PM
Aug 2013

You're trying to make someone feel guilty about spending $100, so in that sense I agree that you're acting like "the nosy old neighbor lady." But you gloss over a dubious $38K purchase because Oprah gives to charity.

Well no shit. She could give 99.99% of her wealth to charity and still be richer than the vast majority of people in the US. If she weren't "very philanthropic," then she'd be an astonishingly greedy asshole.


It's incredible to me that your answer to an observation of wasteful and rampantly frivolous spending is to scold someone else for spending a tiny fraction of that amount.


Tch, tch indeed.

 

KittyWampus

(55,894 posts)
76. Actually, what this amounts to is YOU determining how much is appropriate for others.
Mon Aug 12, 2013, 02:43 PM
Aug 2013

It's one thing to advocate and work towards a fair tax structure. It's another when some few people decide to dictate how much anyone can spend on X or Y.

 

Bunnahabhain

(857 posts)
90. Bingo!
Mon Aug 12, 2013, 03:12 PM
Aug 2013

As I said we tend to use our personal yardsticks to measure these things. There's no question 38k for a purse is pretty damn extravagant. I'm an atheist but sometimes a quote from the bible has a certain amount of truth. Let he who is without sin cast the first stone.

Orrex

(63,203 posts)
95. Yeah, but you use your yardstick to beat up the less wealthy person
Mon Aug 12, 2013, 03:28 PM
Aug 2013

Rather than agreeing in your first post that the $38K could have been spent much better than on a purse, you went out of your way to criticize a person of much lesser means. Then, while faulting this person, you criticize others who take issue with Oprah's ridiculous expenditure.


You can decorate your smugness with whatever righteousness you see fit to dredge up, but in the end you're still advocating for the super-wealthy to the detriment of the much less financially secure.

Orrex

(63,203 posts)
91. Uh, nope.
Mon Aug 12, 2013, 03:22 PM
Aug 2013

If the poster sees fit to criticize the expenditure of $100 (i.e., "to determine how much is appropriate for others" to spend), then it is reasonable to ask why that poster doesn't equally criticize the expenditure of $38,000.

This is especially true because the scolding point was made that $100 would feed a lot of mouths. No doubt it would, but $38,000 would feed at least 380X as many mouths.

I am calling for consistency of criticism. You are serving as apologist for the wild expenditures of the super-weathy.


In the end, we all choose who we defend and for our own reasons.

 

Bunnahabhain

(857 posts)
94. Yup, now I'm sure you missed the point.
Mon Aug 12, 2013, 03:25 PM
Aug 2013

My comments on spending $100 for dinner was not serious. It was designed to point out the impact of personal yardsticks when measuring discretionary spending. It is laughable you are "calling for consistency of criticism" when you are missing my point.

Orrex

(63,203 posts)
97. Your point isn't what you think it is
Mon Aug 12, 2013, 03:31 PM
Aug 2013

You might now claim that it was "not serious," but your post was clearly framed as an insult and a calling-out of the poster to whom you replied, even if that wasn't your "point." Don't blame me for your clumsy execution of your erstwhile witticism.

That kind of post hoc retconning is of no interest to me.




 

Bunnahabhain

(857 posts)
99. Contradiction is not an argument either
Mon Aug 12, 2013, 03:36 PM
Aug 2013

but you seem to think it is. And if what I have to say is of no interest to you why do you keep replying?

Orrex

(63,203 posts)
101. I agree that your posts become less and less worthy of reply
Mon Aug 12, 2013, 03:40 PM
Aug 2013

Initially, it seemed that you were actually engaging the subject, but when you played the tired old "I was just joking" card in your last post, you revealed that you were just trolling all along.

Fair enough.

 

Bunnahabhain

(857 posts)
103. I did not say I was "just joking."
Mon Aug 12, 2013, 03:46 PM
Aug 2013

That is mischaracterizing what I said. I said I was not serious in my criticism. I merely mimicked the original criticism to demonstrate my initial concept of "personal yardsticks." I was not trolling (what a common and lame attempt to dismiss a poster you fail to understand or simply disagree with) but pointing out the nature of personal yardsticks for making moral or ethical judgments.

Carry on!

Orrex

(63,203 posts)
106. So you weren't serious in your criticism, but you weren't joking, either
Mon Aug 12, 2013, 03:57 PM
Aug 2013

And of course that sort of after-the-fact rug-pulling should never be construed as trolling. Got it.

For the record, I'm not accusing you of trolling because I disagree with you (which I do) or because I fail to understand you (which I don't); rather, I identify your stir-the-pot smugness as emblematic of classic troll behavior, and so I identify it as such.

 

Bunnahabhain

(857 posts)
110. Yawn
Mon Aug 12, 2013, 04:07 PM
Aug 2013

Really, why do you keep replying to me if this is how you feel? I said from my first post this was about personal yardsticks. I keep trying to redirect it back to this but you want to play games...and then accuse me of trolling! That's rather ingenuous of you.

Edit: Upon reflection I understand your charge of "stir the pot." By not emphatically agreeing I am stirring the pot, right? Nothing but instant and animated high fiving each other in our ethical certitude is acceptable, right?

Orrex

(63,203 posts)
114. I reply because you haven't understood my replies
Mon Aug 12, 2013, 04:28 PM
Aug 2013

Also, you mischaracterize my statements and then wonder why I reply to correct you.

"Stir-the-pot" does not mean "disagree with someone." In this case, it means that you ignored the actual issue of exorbitant spending by the super-wealthy (and the curious sycophancy of the non-super-wealthy who defend such excesses) and you decided to call out a poster for spending a fraction of that amount. That's stirring the pot.

When your game was identified as such, you then postured yourself as some sort of enlightened moralist presuming to teach us the value of self-reflection. That is also stirring the pot.
You will likely call this a mischaracterization of your intent, but your intent is subordinate to its effect.

You then tried to deploy some "nominal vs. real" doublespeak as if the other poster didn't understand what you were saying. Your smug and patronizing tone is also pot-stirring.


In deference to your super-busy 60-hour work week spent here at DU, I will end this here. You are free to reply, but I am done feeding the troll, so help yourself to the last word.

 

avaistheone1

(14,626 posts)
150. Most of the robber barons were also very philanthropic.
Tue Aug 13, 2013, 05:10 PM
Aug 2013

I think the lesson here is that if you are ready to drop $35,000 on a purse, you are being foolish, terribly selfish and it's a sign it's time to step up your philanthropic giving. No purse is worth $35,000, and no one needs a $35,000 purse. Yet there are millions of hungry people in this country without a roof over their head that $35,000 would do a world of good for.

hedgehog

(36,286 posts)
115. I'd like to expand on your comment by pointing out that
Mon Aug 12, 2013, 04:31 PM
Aug 2013

all too often someone makes the argument that if we divided so-and-so's wealth amongst uswe'd all only get 38 cents each, so what's the point? It's not that any given family would get the $38,000, but that if that $38,000 was in the hands of the lower 99%, it would circulate among them as they exchange goods and services - it would be putting people to work. In the case under discussion, the $100 would go to the cook and wait staff, who would go out and spend it themselves for what they want, and those people would then spend it, etc. We've seen the reverse on the local news many, many times when a local plant shuts down - the cliche accompanying story is to interview local sandwich shops to hear how the owners will have problems now that they've lost so many customers!

In other words, the more families that can go out and spend $100 on a meal, the better off we all are. It makes a significant long term impact on many, many families!


Orrex

(63,203 posts)
119. No, you've got it all wrong
Mon Aug 12, 2013, 04:44 PM
Aug 2013

Money spent by the wealthy is a Pure Good.

Money spent by the non-wealthy is wasteful and should have been spent on something more worthy, and who the hell are you to tell anyone how to spend money anyway?



See how it works?

DonCoquixote

(13,616 posts)
128. The sad fact is
Mon Aug 12, 2013, 07:24 PM
Aug 2013

Wealth has gotten go badly distributed that the top one percent blow 100 dollars like it was nothing. One of the great mistakes is that the Upper Middle class thinks they are withing reach of the wealthy. Nowadays, Millionaires are CHUMP CHANGE, and they cannot even afford the better neighborhoods in NYC!

To paraphrase Chris Rock There is a difference between rich and wealth. Rich is an ahtlete, Wealth is the guy who owns the team.

 

Marr

(20,317 posts)
67. $38k to Oprah is like $38k.
Mon Aug 12, 2013, 02:22 PM
Aug 2013

Money isn't relative. I'm sure she's aware that it's a year's salary for most people.

She can spend her money any way she likes. But she really should realize how obscene that kind of spending will seem to most people.

 

Bunnahabhain

(857 posts)
92. I hate having to explain things
Mon Aug 12, 2013, 03:23 PM
Aug 2013

Anyone that thinks Oprah spending 38k has the same impact on her personal finances vs. the impact it would have on anyone posting in this thread is not thinking properly. 38k on a purse for Oprah is less of a blip on her personal finances than buying lunch at Taco Bell would be for most of us here.

 

Marr

(20,317 posts)
96. Yes, I learned about fractions and ratios in the fourth grade-- thanks.
Mon Aug 12, 2013, 03:29 PM
Aug 2013

Obviously $38k represents less of Oprah Winfrey's overall wealth than it does for the average person. But $38k is $38k dollars, whether you're a hobo or Daddy Warbucks. And Oprah Winfrey surely realizes that, as I said, the cost of that purse is more than most people make in year.

Once again, she's free to spend her money any way she likes. But she should not be surprised that such conspicuous consumption inspires revulsion in the average person.

 

Bunnahabhain

(857 posts)
100. Are you sure?
Mon Aug 12, 2013, 03:39 PM
Aug 2013

I have yet to conflate nominal vs. real here but that's all you're doing...while denying you're do it. It's kind of an interesting thing to watch.

 

Marr

(20,317 posts)
107. What's got you so upset?
Mon Aug 12, 2013, 04:00 PM
Aug 2013

It seems like you're trying to pick a fight, but you aren't making much sense.

 

Bunnahabhain

(857 posts)
112. Yes, I am the one not making any sense.
Mon Aug 12, 2013, 04:08 PM
Aug 2013

You conflate real with nominal, and while I continually am disambiguating them, I am "upset" and not "making much sense." I would believe the one trying to pick a fight is probably the poster attempting to conflate two distinct and not overly complex terms because the poster disagrees with the point being made.

Just a hunch though.

 

Marr

(20,317 posts)
123. Do you even know what a nominal number is?
Mon Aug 12, 2013, 05:44 PM
Aug 2013

You keep using that term, but I don't think it means what you think it means.

 

Bunnahabhain

(857 posts)
127. Yes, I do know what a nominal number is and we are not talking about those.
Mon Aug 12, 2013, 07:23 PM
Aug 2013

There is a difference between a "nominal number" and "nominal value vs. real value." You do understand there is a difference and we are speaking of the different concept of values vs. numbers used for labeling or identification purposes, right? I will admit I am using the value terms a bit loose, as nominal value usually is comparing year vs. year in absolute dollars and real values adjust over time for a baseline comparison, but the use is fitting in the concept I'm trying to convey in that 38k for Oprah does not hold the same real value for her as it does for us common mortals.

Just checking here. Let me know if I can help clear things up for you.

 

Marr

(20,317 posts)
129. "A bit loosely"? lol, if that pads your ego, ok.
Mon Aug 12, 2013, 07:41 PM
Aug 2013

You're saying that $38k is chump change to Oprah Winfrey. I'm sure it is. But it is also $38k, and I have no doubt that she knows very well that most people don't make that much money in a year. Oprah Winfrey does not live in a different year from you or I. She does not inhabit a different world. She exists in the same world we are in, and $38k here is worth precisely $38k.

 

Bunnahabhain

(857 posts)
130. Now you are admiting we're not talking "nominal numbers?"
Mon Aug 12, 2013, 07:44 PM
Aug 2013

And head right back to acknowledging the relative value while soap boxing on the nominal value of 38k. Nice work.

We are probably done here.

Oh, and as the median income in the US is over 38k, you're incorrect is saying "most people" don't make that much.

 

Bunnahabhain

(857 posts)
132. This is getting really silly
Mon Aug 12, 2013, 07:52 PM
Aug 2013

Yes, of course, we we talking about the entire world. Now, that REALLY makes a $100 dollar meal in the US mean something in terms of world wide purchasing power to change lives, doing what? Oh yeah, proving my point yet again.

And thus endeth the lesson.

 

Marr

(20,317 posts)
133. I don't use language, um... "loosely".
Mon Aug 12, 2013, 07:59 PM
Aug 2013

If I'd meant to say most Americans, I would've said most Americans. You may not have been aware of this, but "people" and "American" are not quite synonyms.

If you have any other vocabulary questions, I'd be happy to address them in this space.

 

Bunnahabhain

(857 posts)
134. You win
Mon Aug 12, 2013, 08:00 PM
Aug 2013

I'm not good at stupid games. At least I have you sorted out on nominal numbers vs. nominal values. Glad I could straighten you out on that.

Bye.

gollygee

(22,336 posts)
66. Would you take a vacation?
Mon Aug 12, 2013, 02:21 PM
Aug 2013

I've spent $38k on a car. Is it OK to spend that much on a car? And I've spent money on vacations I didn't really need to take.

I'd rather the super rich piss their money away on stuff like this than hoard it. And she does give a lot of money to charity.

vankuria

(904 posts)
135. I'd hire someone to carry my stuff around
Mon Aug 12, 2013, 09:13 PM
Aug 2013

for $38,000 you'd be giving someone a great job! Seriously, I just bought a purse at K-Mart for $13.99 and I felt a little guilty cause I really didn't need another purse but happened to liked it a lot.

 

Whisp

(24,096 posts)
155. I might start a business with a known designer and
Tue Aug 13, 2013, 05:29 PM
Aug 2013

give the proceeds of those ridiculous prices to do some good work with drinking water and health care and tons of other things that can be done.

midnight

(26,624 posts)
179. If I had that money I would use it to hire unemployed union people to fix homes for the homeless....
Tue Aug 13, 2013, 10:28 PM
Aug 2013
 

quinnox

(20,600 posts)
2. It wouldn't be spending 40 grand on a purse
Mon Aug 12, 2013, 11:44 AM
Aug 2013

that is for sure. These top 1% ers don't understand how this looks to "the little people“, they are clueless.

hedgehog

(36,286 posts)
3. I'LL kick it off -
Mon Aug 12, 2013, 11:45 AM
Aug 2013

I'd love to add an addition to the house, re-do my 40 year old kitchen, put a new roof on the barn and house, maybe fence in the garden with deer proof netting, maybe figure out how to fence the areas my chicken roam, buy a dependable used car.

I have no real idea what all that would cost.

More expensive clothes? Where would I wear them? Ditto, jewelry. I've never been into cars, just transportation.

I'd retire now instead of in a couple years.

The rest would go to other people; my kids, then kids from my town.

pipi_k

(21,020 posts)
17. The dream that
Mon Aug 12, 2013, 12:08 PM
Aug 2013

will never come true, but it's fun to think of anyway...

I would buy a home closer to the city and keep this one for vacations in the summer. It actually started life some 50 years ago as a small hunting cabin which has been added to over the years.

Give some to the kids. My daughter and her husband are in dire straits right now. He is facing serious surgery next Monday which could potentially kill him. Hasn't been able to work since June. My daughter got fired from her job two weeks ago because she had to take so much time off on account of caring for him plus her son, who is frequently ill.

They were facing a shut off of their electricity because of a $1200 bill. She managed to keep it turned on because her hubby's medication needs to be refrigerated, and then got notified by a local agency that they will pay $900 of the back due bill.

I spoke with her last night, and she was in lots of distress because she has no money for school clothes. Her son is 9 and growing like a weed. I wrote her out a check this morning to help pay for some.

I have what I need...have more than I ever had before in my life.

I would also donate more to various animal sanctuaries, like Wolf Hollow out by the Cape.

I have panic disorder and agoraphobia, so that means no exotic vacations...

Oh well


 

ConcernedCanuk

(13,509 posts)
47. Dreams CAN come true, mine did.
Mon Aug 12, 2013, 12:50 PM
Aug 2013

.
.
.

Lived in poverty for almost 2 decades -

Little bursts of income, but short lived.

A recent totally unexpected inheritance allowed me to buy my first home outright,

as well as put money in trust for the future.

Never give up.

CC

 

Sotf

(76 posts)
62. Just remember...
Mon Aug 12, 2013, 02:15 PM
Aug 2013

There are some who think that you shouldn't be allowed to have received that inheritance.

Saw a post that said property should revert to the state upon death...

 

Marr

(20,317 posts)
68. Got a link to back that up?
Mon Aug 12, 2013, 02:26 PM
Aug 2013

I'm not aware of any prevailing opinion here that inheritance should be banned, or even taxed before a certain point. No one begrudges your grandpa leaving you his house. What we don't like, what is in fact unhealthy for the economy and society at large, are the massive piles of wealth that are kept aside for the investor class.

 

KittyWampus

(55,894 posts)
80. Oh, this has been brought up plenty of times. And there are DU'ers who DO begrudge someone
Mon Aug 12, 2013, 02:45 PM
Aug 2013

getting grandpa's house at all.

 

Sotf

(76 posts)
136. Took my pick...
Mon Aug 12, 2013, 10:56 PM
Aug 2013
http://election.democraticunderground.com/?com=view_post&forum=1002&pid=3356897

Since a dead person is dead they can not be taxed. They also can not own anything. Everything that was theirs in life should revert to the commons.

 

Marr

(20,317 posts)
138. Huh. Well, one is enough. I don't agree with that individual, and I would
Mon Aug 12, 2013, 11:01 PM
Aug 2013

note that the comment was made in a thread that was about 'getting rid of the estate tax' altogether. Still, I asked for one, and you posted it so, thank you.

 

ConcernedCanuk

(13,509 posts)
104. My father earned that money
Mon Aug 12, 2013, 03:53 PM
Aug 2013

.
.
.

He decided to leave some to me.

Don't worry - the government took a chunk out of it.

Taxed him while he was making it, taxed him on savings interest, and taxed him on capital gains from investments.

Then taxed his assets again after he was dead.

"Saw a post that said property should revert to the state upon death..."

"saw a post" - well - there are lots of posts that are plain doo-doo.

I'm 62, know a whole lot of people - haven't met one yet in person, or on-line that said I shouldn't have been allowed to receive that inheritance.

But I DO know my old landlady that put me through misery for 6 years would agree with you . .

CC

 

ConcernedCanuk

(13,509 posts)
105. I dreamed of a good life
Mon Aug 12, 2013, 03:57 PM
Aug 2013

.
.
.

NOT my parent's deaths.

I never even knew they had that kind of money.

Where did you come up with such a comment?

That's insulting, and you know it.

CC

shenmue

(38,506 posts)
4. I don't know how much is 'enough'
Mon Aug 12, 2013, 11:47 AM
Aug 2013

Though I always thought $30,000 a year would be nice. I've spent all my life earning under that.

I could sure be happy after I paid off my debts, which are considerably less expensive than the handbag in question.

hedgehog

(36,286 posts)
6. If you had no debts, health care wasn't an issue, if you had lottery level money
Mon Aug 12, 2013, 11:49 AM
Aug 2013

dropped into your lap, what would change?

 

NuclearDem

(16,184 posts)
7. If I had $38k?
Mon Aug 12, 2013, 11:49 AM
Aug 2013

Pay off my student loans.

I don't need shiny, expensive things to show off to my friends or family. Anyone who is truly impressed by just that is empty on the inside.

 

darkangel218

(13,985 posts)
151. +1000
Tue Aug 13, 2013, 05:20 PM
Aug 2013

Sadly, that's how many live their lifes, through the eyes of the others. Always chasing aproval, and fake, glittery perfections.

 

Decoy of Fenris

(1,954 posts)
8. It probably wouldn't.
Mon Aug 12, 2013, 11:49 AM
Aug 2013

I've been in extreme poverty and elevated myself to fairly decent income. My spending habits haven't changed, nor have my social goings-on. I'm more liable to donate money to various causes (game servers, friends), but that's simply because I have the money, not because I'm attempting to flaunt it or anything. What I have now (About 24K/yr) is more than enough, and more than I know what to do with. I (think) I have seven uncashed paychecks that I have yet to cash because I neither need nor want for more.

On the flip side, I've seen money elevate people and then let them slam into the dirt, too. So...

reformist2

(9,841 posts)
9. It's stupid - it's just rich people giving other rich people money.
Mon Aug 12, 2013, 11:52 AM
Aug 2013

Not that I have a high opinion of Oprah anyway, but this little pr stunt makes me think even less of her.
 

dbackjon

(6,578 posts)
111. PR Stunt?
Mon Aug 12, 2013, 04:07 PM
Aug 2013

She asked to look at a bag. Saleswoman looked at her, said "You can't afford that" Racial Profiling that should get people upset, rich or not.

CakeGrrl

(10,611 posts)
165. But the larger point is, it happens to even high-profile minorities
Tue Aug 13, 2013, 06:05 PM
Aug 2013

I could be a non-famous but wealthy black consumer, and the point is that they wouldn't get past the color of my skin to decide that a purse is out of my price range.

On what basis do they decide that without knowing what's in my wallet?

I strongly believe that that was less likely, if not UN-likely, to happen to a white patron.

Art_from_Ark

(27,247 posts)
11. I certainly wouldn't spend that kind of money on a handbag
Mon Aug 12, 2013, 11:53 AM
Aug 2013

I wouldn't mind being the recipient of the sale proceeds, though

If I had a million dollars, I might consider going into semi-retirement now, since, given my current lifestyle, I could live for 30 years on that even without earning any interest.

abelenkpe

(9,933 posts)
13. If I had more money
Mon Aug 12, 2013, 11:57 AM
Aug 2013

I'd buy a house in a nice neighborhood, spend more time with my kids, put aside enough to send my kids to college and to retire. O what a relief to live in a world where that could happen. Maybe spend a little on a vacation once a year. Haven't had a vacation since 2006. If there was money left over I'd use it to give myself time. Time to get more involved with the community, my kids school, volunteer to help those in need and to help the environment, support the arts, pursue my own art. But that's just me.

Several years ago I interviewed over a hundred people asking a similar question:
"What would you do if you woke up tomorrow and were suddenly two million dollars richer."
(It was for a show that was going to be about lottery winners and how it changes their lives)
The overwhelming majority of responses were similar: A modest improvement in lifestyle for themselves and saving or providing for family.

Clearly I did not interview any millionaires or one percenters....

hedgehog

(36,286 posts)
14. Any idea what real lottery winners end up doing with their money?
Mon Aug 12, 2013, 11:59 AM
Aug 2013

I have to be honest and say that while I'd like to think I'd do what I said above, but I don't know for certain.

abelenkpe

(9,933 posts)
21. The whole show (which did not get greenlit)
Mon Aug 12, 2013, 12:11 PM
Aug 2013

was based around the premise that many lottery winners end up blowing, losing or being cheated out of all their winnings in a short amount of time and find themselves in the same economic situation they were before winning the lottery.
The discussions that went on while in development were so interesting!

 

Marr

(20,317 posts)
89. Odd-- I saw a series on... Discovery, I believe... that covered exactly that topic.
Mon Aug 12, 2013, 03:05 PM
Aug 2013

I don't know if they were cherrypicking the most ridiculous cases or what, but a common arc had someone winning a nice amount, perhaps $5 million or so, and immediately switching into this cartoonish, Richy Rich lifestyle and blowing it all in a year or two. It was like they had no concept of just how much wealth they actually had, and assumed it was just going to be caviar and yachts for the rest of their life.

Bay Boy

(1,689 posts)
93. The Lottery Changed My Life
Mon Aug 12, 2013, 03:24 PM
Aug 2013


A guy I know... his good luck wasn't so lucky for him. Leroy and his son are both in jail now.

abelenkpe

(9,933 posts)
149. The stories can vary a lot
Tue Aug 13, 2013, 05:03 PM
Aug 2013

But I can see marketing pressuring production for more dramatic and outrageous stories

 

demwing

(16,916 posts)
16. "How much money is enough?" - That completely depends on what your goal is.
Mon Aug 12, 2013, 12:01 PM
Aug 2013

if the only goal is to accumulate wealth, then no amount of money is ever enough.

 

NoOneMan

(4,795 posts)
18. I wouldn't change my lifestyle
Mon Aug 12, 2013, 12:08 PM
Aug 2013

I like the way I roll. If I had enough to pay down a rancher, I think I might fish more. Thats it. No fancy cars. No fancy handbags. Screw thats stuff. Everything is perfect now besides working more than playing (though, not much more)

I think that if people would make significant changes, it is a sign they are not content with their current lifestyle, job and hobbies. I understand when people must work to live. Its a sad state to be forced in. But if you can skim by, you can find a lot of fulfilment all around you. I've specialized in skimming by these last few years, and the fun has really begun

 

opiate69

(10,129 posts)
22. There's a nice 30+ acre plot of land I have my eye on..
Mon Aug 12, 2013, 12:13 PM
Aug 2013

I would have my "dream house" put on it, and my wife would have the alpaca farm she's been wanting. I could make a windfall of about $150-200k work for us.

MrScorpio

(73,631 posts)
23. Is Oprah is entitled to spend that kind of money as she pleases?
Mon Aug 12, 2013, 12:15 PM
Aug 2013

Well, there's no question that she's earned her personal fortune, which really isn't the same for people who haven't.

As long as we have this economic system which encourages this sort of wealth inequality, it isn't fair to make a judgement like that against people who have legally and morally used the system to obtain wealth. That's especially true for people who do no harm against others in making personal purchases.

Remember, we are talking about someone who has used that wealth to give away expensive items like cars to everyone in her studio audience, she's also a philanthropist and most certainly earned her money through entrepreneurship alone.

Yes, for the rest of us, a $38,000 handbag sounds like an extravagant purchase, because for us, it most certainly is. But for someone who isn't creating more suffering and wealth inequality for the rest of us by that purchase, it's not like there's anything wrong from her doing it.

If as a society, we seek to change the priorities of wealth inequality then, yes, we can validly ask "how much is enough?" But in our current system of societal values, there really is no answer to that question.



hedgehog

(36,286 posts)
27. I agree that Oprah has done a lot of good - not only with her money but in how she earned it -
Mon Aug 12, 2013, 12:23 PM
Aug 2013

she has helped more people than she knows. She has my respect.

The question of societal values comes back to individual values, I think. As long as in our heart of hearts, we secretly hope to be one of the 1%, we will never get around to redistributing the wealth this economy produces. Even as I type this, I hesitate because wealth redistribution is such a bad phrase to so many people. It's a matter of recognizing that the cleaner who mops the floor in a surgical suite is as important as the heart surgeon who works there. Maybe it's OK for the heart surgeon to earn more, but the person with the mop deserves to at least make a decent living! Toss in that their roles may be reversed if they'd had each other's parents, and the entire attitude of "I worked hard so I deserve this" becomes questionable.

I just re-read your OP and realized that you asked the most succinct question: "Is Oprah entitled to spend her money as she pleases? "

I think my answer is "yes, but"

Yes, but within limits. Even if very wealthy people give to charity, it is important for us to realize that that also is an expression of power. Bill Gates is to be applauded for the money he gives to improve life in the third world. But is anyone comfortable knowing he is also spending money to impose his vision of primary education on the rest of us? At a certain point, and I don't know what that point would be, the money has to be seen as a result less of individual effort and more of a glitch in our economic system. I don't want millionaires donating money to their projects; I think it should be taxed so all of us can decide what direction we want society to take.

markpkessinger

(8,395 posts)
61. One thing that has always bothered me about some of the "good" things Oprah does is . . .
Mon Aug 12, 2013, 02:11 PM
Aug 2013

. . . the fact that she herself always makes sure the world knows about it. Maybe I'm old fashioned, but I think there is great wisdom in the old ethic of not letting "the right hand know what the left hand is doing."

gollygee

(22,336 posts)
70. I don't know
Mon Aug 12, 2013, 02:31 PM
Aug 2013

I mean, people would be responding even worse if she hadn't given a lot of money to charity, and she knows that. The super rich should give a lot of money to charity and by her giving a lot, hopefully it encourages others to as well. If we know how much they're giving, then it's incentive for them to give more. I like knowing better than keeping everything under wraps.

 

duffyduff

(3,251 posts)
37. She didn't "earn" it all by herself. That's the problem. NOBODY does.
Mon Aug 12, 2013, 12:41 PM
Aug 2013

There is NO such thing as a "self-made" person.

She simply has enough money to hire a slew of lawyers and accountants to help her game the system, just like the Kochs and all of the rest of the filthy rich.

I have yet to see where she has done a "lot of good." Her attempt at creating schools has been a failure and a scandal, her creation of a magazine that glorifies her wonderful self in every issue and is named after her, not to mention her very "own" (no pun intended) television network, attests to her monstrous ego.

There is not a whole lot there to admire.

MrScorpio

(73,631 posts)
52. So are you saying that she's not entitled to her personal wealth?
Mon Aug 12, 2013, 01:00 PM
Aug 2013

That she's the same as people who have done nothing more than inherit their money? You are aware that she built her own media empire from scratch, right? Whether or not she's had systematic help or assistance from people whom she's hired is a moot point.

Sure, she has tried and failed at certain endeavors, but who on this planet is %100 successful at everything that they've done?
But most certainly, she's entitled to self promotion with her own money, but who else isn't?

America was built on ego, my friend. Anyone who doesn't wish to add to her coffers can most certainly choose not to, which is your choice of course.





gollygee

(22,336 posts)
69. This isn't a fair assessment
Mon Aug 12, 2013, 02:27 PM
Aug 2013

The school scandals were not caused by her. There were employees who were abusive, and she didn't know about it. Her biggest mistake there was giving so much money to create this wonderful school and then not making sure there was oversight to make sure it was run well. But she wasn't personally behind the abuse.

And she names stuff after herself because her name is also now a brand and people buy stuff if it's associated with her. That's called marketing. Put her name on a book associating it with her book club, and it'll be on the best seller list. She is good at marketing.

 

Bunnahabhain

(857 posts)
25. My lifestyle would completely change
Mon Aug 12, 2013, 12:17 PM
Aug 2013

I would go from working 50-60 hours a week, because that's what my job requires, to not working. I would spend my time exercising and pursuing my hobbies as well as spend every minute that I can with my family.

 

Safetykitten

(5,162 posts)
26. Well, my posts here would change dramatically...
Mon Aug 12, 2013, 12:19 PM
Aug 2013

I would:

Love the way the people at retail joints and big boxes have jobs and have not a care in the world on how I got my "stuff".

Would post endlessly about how there are places for people like you, you being the no NC, no financial resources, beaten into the ground from the recession person you are, and you probably deserve all the problems you have anyway.

And on the recession, what recession? Did we have a recession?

I would become a clip-hoarding fiend that would constantly post clips en masse to prove a point that has already been shown as a farce, but hopefully try to convince people otherwise.

My Prius would be a major topic.

Freely give HC/Obamacare advice even though I myself have insurance, and belittle all others who question the best HC plan EVER!

Not understand posts about money and who does not have it.

Not get the "can't get a checking account" gig.

Muse about why people who are poor, well why they ARE poor.

Encourage homeless people to move to other places sans palm trees.

Post about Hillary being President.

knitter4democracy

(14,350 posts)
28. Enough to get out of debt.
Mon Aug 12, 2013, 12:24 PM
Aug 2013

I'd pay the divorce/custody lawyers off, pay off the cards I have needed when things got really tight money-wise, pay off the kids' colleges ahead of time, and pay for all of my master's degree.

That would be awesome.

hollysmom

(5,946 posts)
29. if it were for sale for charity, and I had money
Mon Aug 12, 2013, 12:24 PM
Aug 2013

I would consider it.
I would like to not feel guilty spending 50 for a blouse like I did when I had a job (retired) I just rarely buy anything besides jeans and t-shirts and socks and underwear now. Coats and jackets are very old, but still serve the purpose. Ditto purses.

But if I had money, I would spend more time travelling and stay at better motels. And would pay for my niece and nephews college bills.

 

MrSlayer

(22,143 posts)
30. I don't know that there's ever enough.
Mon Aug 12, 2013, 12:25 PM
Aug 2013

But if I had serious money I'd have a major league recording studio, finance my own tours with major artists and spend my downtime at Disney World and traveling.

Wealth is freedom.

LWolf

(46,179 posts)
32. I would have:
Mon Aug 12, 2013, 12:30 PM
Aug 2013

1. A roof that didn't leak

2. Plumbing that worked

3. Electrical lines that worked

4. Phone lines that worked

5. Light fixtures that worked

6. A bathtub that worked

7. Subfloors that weren't rotten

8. Adequate flooring

That would be a good start.

hedgehog

(36,286 posts)
118. Not me! All I can think of is how much time it would take to clean the
Mon Aug 12, 2013, 04:40 PM
Aug 2013

"luxurious" bathroom! As long as I'm on two feet, I can't see anyone else cleaning my house!

Tree-Hugger

(3,370 posts)
49. I prefer the first one
Mon Aug 12, 2013, 12:54 PM
Aug 2013

I would just add a shower curtain and some color.

The second one is totally fugly, in my opinion. I hate marble. And why the need for all that space in your bathroom? Line dancing?

LWolf

(46,179 posts)
53. Of course.
Mon Aug 12, 2013, 01:01 PM
Aug 2013

That top picture is decadent luxury compared to what I deal with now.

The bottom? That could have been a whole apartment, at least space-wise, back when I was a single mom raising 2 kids.

grilled onions

(1,957 posts)
84. I Would Love A Handicapped Bathroom...
Mon Aug 12, 2013, 02:51 PM
Aug 2013

complete with a shower that would allow a shower seat to be wheeled in. We tend to think of needs but not anything showy. A second toilet would be a luxury as would new bathroom fixtures. Most have very "dull" wish lists which is the point. They want things they can truly use and not just build to have their bathroom on the front page of "Remodeling Upscale".

 

taught_me_patience

(5,477 posts)
33. I'll be honest and say I'd buy a lot more and nicer stuff
Mon Aug 12, 2013, 12:32 PM
Aug 2013

A nice home on the beach, Mercedes E550, nice clothes, and lots of vacations for the family (those really get expensive). I'd guess that an income of $2,000,000/yr would be the really high end of "enough".

 

Phillyindy

(406 posts)
35. I fantasize about...
Mon Aug 12, 2013, 12:35 PM
Aug 2013

...having enough money to have a voice. Enough money that I could go after the oligarchy publicaly and furiously. Oh I sit and dream about it...

1-Old-Man

(2,667 posts)
36. I'd build a more efficient house, not bigger, just better. Bigger tractor and welder maybe.
Mon Aug 12, 2013, 12:37 PM
Aug 2013

Oh, and I'd build a bigger equipment building and maybe a place to cure firewood under shelter. I'd make a big donation to our local Cancer Center too. Other than that I'd give it to some friends who could use some help and my children and grandchildren. If I had a whole bunch of money I'd start a scholarship fund to help young people out with college. Anything that was left after that I'd use to support progressive candidates for office - who knows, some of them might even turn out to be Democrats.

hunter

(38,311 posts)
38. Wouldn't make a dent in our medical debt and student loan debt...
Mon Aug 12, 2013, 12:41 PM
Aug 2013

Fewer collection calls, maybe?

I think the U.S. economy is as screwed up as, say Greece. Wealthy people here do not pay enough taxes to keep the economy stable.

There are a few differences between the U.S. economy and Greece: the U.S. controls it's own currency, oil is traded in U.S. dollars, our people are easily mollified, and our massive military machine makes other nation's reluctant to exploit weaknesses in our financial empire.

Obama's most delicate job is keeping this house of cards standing.

 

GalaxyHunter

(271 posts)
39. I would take cruises all over the world! Probably buy my own island.
Mon Aug 12, 2013, 12:43 PM
Aug 2013

Build a nice house on that island for my family and I.

 

noamnety

(20,234 posts)
40. I wouldn't blow that kind of money on a purse.
Mon Aug 12, 2013, 12:43 PM
Aug 2013

I have two purses. One I got on clearance from kmart for $5. It's super small, convenient sometimes, but awkward if I don't have pockets because it's too small to hold both my wallet and keys.

My other purse is a bit larger, it was a christmas gift and the person who have it to me got it at a thrift shop. That one's big enough to hold a few extra items so I've been using it more often.

I had some others I got as gifts, nothing fancy, but I donated them to a resale fundraiser at school.

But one thing I know - even if my goal was to highlight racism, I would be embarrassed to raise the issue by talking about how I was discriminated against while shopping for $38,000 purses.

I wouldn't even know how to approach that conversation: "I feel discriminated against when people look at me and assume I don't have $38k to fritter away on a purse." Even with the racism, which is a real thing, at some point the first world problemx1000 aspect eclipses the racist aspect.

laundry_queen

(8,646 posts)
41. I would buy nicer stuff
Mon Aug 12, 2013, 12:43 PM
Aug 2013

but that stuff would be handmade and purchased mostly directly from people around the world (thank you etsy!) trying to make a living. If it was unable to be handmade, I would research and purchase from the most ethically sound company. I would probably buy organic foods (I try to now, but organic is more than double the price where I live). I would probably purchase land so I could grow my own food. I would donate excess to the food bank. I'd buy an electric vehicle.

What I wouldn't do: I wouldn't buy expensive useless crap from super rich companies. If your handbag costs more than the average yearly salary of teachers, you are being unethical, IMO. A nice $200 purse sewn by a work-at-home artist is every bit as beautiful, IMO, and far more ethical. My lifestyle would become more centered around making other people's lives better.

Response to hedgehog (Original post)

Tree-Hugger

(3,370 posts)
45. Well....
Mon Aug 12, 2013, 12:49 PM
Aug 2013

$38,000 a year is downright wealthy to my family. We're currently hovering under $20,000 for a family of four.

If we suddenly came into a ton of money, we would get off food stamps. I would pay off my student loans and my car. I would pay off our medical bills. I would get my brakes fixed on my car so it can pass it's very long overdue inspection.

We would get our first home. I don't want anything huge and I prefer a ranch-style house. I want my kids to be able to have their own rooms, plus a nice yard for play. I would like a decent sized kitchen with good counter space. I would splurge on a Kitchen Aid mixer. I would also splurge on making the home energy efficient and putting in gardens. I would love to grow my own food and have a buttload of flowers.

Big splurges would be a vacation to Massachusetts. It used to be our yearly tradition until we were financially shit on. I would also get a YMCA membership and memberships to local museums and such.

We would definitely put a lot into savings. We would also give to charity. That has always been a big value of ours and it's very important to our family. More money would mean we would be able to give more.

I'd also help my parents out and take a vacation to see my brother.

I would also probably get a decent night's sleep because I would not be up worrying about whether we would make this months rent, car, and utility payments and how we're going to survive, etc. That would probably be the greatest lifestyle change.

hlthe2b

(102,236 posts)
46. Not like that... I would never want to live like the top 1%, but I'd surely like to have the money
Mon Aug 12, 2013, 12:49 PM
Aug 2013

to be fully comfortable --along with friends/family and to establish a foundation to do some good for the rest of my life.

I'd not stop working, either, though I might modify what I'm doing.

ohheckyeah

(9,314 posts)
48. I certainly wouldn't live the lifestyle of the rich and famous...
Mon Aug 12, 2013, 12:51 PM
Aug 2013

gheesh, dressing up has never been something I wanted to do. Jeans and boots are my favorite attire. If I suddenly had a lot of money I might splurge on a couple of pairs of Dan Post boots but mainly I would want to fix up my house. I don't need or want a bigger house but I would like solar panels. I'd probably put hardwood in the bedrooms to match the rest of the house.

The only big splurge would be a Corvette for my husband. He's always wanted one.

If I had lots of money, I would hire lobbyists for a number of issues.

Ian David

(69,059 posts)
50. I'd be happy with a modest home that was fun and comfortable.
Mon Aug 12, 2013, 12:55 PM
Aug 2013

Some luxuries like a master bathroom with a hot tub. A game/rec room. A dedicated dining room. A Hot Chicks Room. Four bedrooms, an office, a solarium, enclosed patio, a castle tower, and a wrap-around porch on the second floor.

I'd also install geothermal heating and cooling, solar panels, and maybe a wind turbine. I'd also have a gray water recycling system. And charging stations for my electric and hybrid-electric cars.

If I was obscenely wealthy, I'd commission the Tesla company to design me an all-electric stretch limo with solar panels on the roof.

And I'd have a comfortable house on my property for my staff, all of whom would be unionized and paid a living wage with benefits under the household's corporation. There would be a chef, a housekeeper, a groundskeeper/gardener, a driver/personal shopper, and an aquaculturist to tend to the koi and tilapia ponds.


http://www.comedycentral.com/video-clips/apcd4d/upright-citizens-brigade-hot-chicks-room


Zorra

(27,670 posts)
54. I have a great life, and have more than I need, which is relatively little.
Mon Aug 12, 2013, 01:08 PM
Aug 2013

I have seen first hand, close up and personal, all too often, what having too much money does to some people.

When Power Goes To Your Head, It May Shut Out Your Heart
by Chris Benderev
August 10, 2013 7:41 AM

"What we're finding is power diminishes all varieties of empathy," says Dacher Keltner, a social psychologist at University of California, Berkeley, not involved in the new study. He says these results fit a trend within psychological research.

"Whether you're with a team at work [or] your family dinner, all of that hinges on how we adapt our behaviors to the behaviors of other people," he says. "And power takes a bite out of that ability, which is too bad."

The good news, Keltner says, is an emerging field of research that suggests powerful people who begin to forget their subordinates can be coached back to their compassionate selves.


That said, I am quite sure that I would travel more if I had more money. One thing that is really a lot of fun to do when traveling in Third World countries is to walk the streets of cities and towns and give money to the folks who are sitting on the sidewalks begging. Especially the single moms, blind folks, and folks with no legs, etc. Seriously, it is a major hoot, I highly recommend it. It's actually kind of selfish, in a way, because the relief, disbelief, and joy you see when a desperate person gets a 200 peso note in their cup is a total endorphin rush.

But, well, ya know, if someone desperately feels that they need to own a $30,000 pair of shoes, or eat a $10,000 dish of caviar extracted from fish that are going extinct, who am I to criticize?


Mnemosyne

(21,363 posts)
60. I am basically a hermit, not much change except I wouldn't worry about being able to pay bills,
Mon Aug 12, 2013, 01:57 PM
Aug 2013

or worry anymore about helping people in need enough.

My life is simple and would not give it up for anything.

 

darkangel218

(13,985 posts)
72. I would like to have a few mil. I would open up non kill shelters for stray dogs and cats
Mon Aug 12, 2013, 02:38 PM
Aug 2013

And I would also open a METAL club

 

lumberjack_jeff

(33,224 posts)
73. For some people, no amount is ever adequate.
Mon Aug 12, 2013, 02:40 PM
Aug 2013

For many people with good mental and physical health and good life skills, an income of 150% of FPL can be more than adequate.

I have enough net worth for a nicer car and a more expensive house, but my 250k mile subaru is perfectly adequate.

If I had more money, my charitable giving would become biased toward giving money rather than time.

I would not trade more of my life hours simply for more immediate income.

gollygee

(22,336 posts)
74. Do we even know she knew how much this bag cost?
Mon Aug 12, 2013, 02:41 PM
Aug 2013

We're outraged she would even ask to look at a bag, but I've been at high end shops, and things don't have price tags prominently displayed. She might have liked the look of it and asked to look at it but not even have known how much it cost. She knows walking into any store that she can afford anything in that store, so there's no reason she wouldn't ask to look at anything she liked the looks of.

Also, I'd rather see rich people pissing away money than sitting on it. Get it back into circulation, even if you're buying something stupid.

She does give a lot of money to charity. It isn't like she keeps all her money, doesn't pay her employees well, is a miser, and doesn't care that people suffer.

The bag is named after Jennifer Aniston, who has one, and I haven't seen a thread complaining about HOW DARE Jennifer Aniston have a $38,000 bag, and she actually has bought one. Oprah never bought this purse and might very well have not known how much it cost when she asked to buy it. It could be that she'd see the price and say, "No purse is worth $38k" and might have moved on to look at something else.

This whole outrage over Oprah daring to look at an expensive purse pisses me off. She can look at whatever the hell she wants.

Phentex

(16,334 posts)
143. She tweeted this...
Tue Aug 13, 2013, 07:43 AM
Aug 2013

Turns out that store clerk did me a favor. Just found out that bag was $38K!!! She was right I was NOT going to buy it.


======

Sounds to me like she did not know the price. I'm with you . Many places don't even have tags and the feeling is if you have to ask, you can't afford it, lol.

In other news, Oprah constantly ranks as one of the highest contributors to charity and a ton of her money is used to make more money for charity. Still, some people here won't be satisfied until they know she is eating beans and rice every night.

gollygee

(22,336 posts)
144. Thank you for the tweet
Tue Aug 13, 2013, 08:02 AM
Aug 2013

In other news, I'm still reading on DU about the $38k purse Oprah bought. It's like people are looking for excuses to trash her. She asked to look at it so she must have bought it? She wasn't even allowed to look at it so she wouldn't have been able to buy it. Logic isn't even being used here.

Orrex

(63,203 posts)
145. I'm sure that she thought it cost $200 like all the other bags in that store
Tue Aug 13, 2013, 08:19 AM
Aug 2013

What a comic misunderstanding, that she should select the one bag out of dozens that would cause an international scandal!

gollygee

(22,336 posts)
146. They probably have some that cost up to a few thousand even
Tue Aug 13, 2013, 08:36 AM
Aug 2013

But they only make a few really high end bags like that thinking it'll be newsworthy. Most would be a few hundred, a few would be over a thousand, maybe up to a few thousand. They certainly aren't all $38k.

Orrex

(63,203 posts)
148. Again, though, it's amazing that she managed to hit the bullseye
Tue Aug 13, 2013, 08:40 AM
Aug 2013

What are the odds of picking the preposterously overpriced sack out of a pile of bargains?

 

darkangel218

(13,985 posts)
156. I dont buy it. I think her tweet is damage control.
Tue Aug 13, 2013, 05:30 PM
Aug 2013

Probably she saw a lot of people being outraged by her attempt to buy such an expensive purse, and now she's saying she didn't really mean to buy it.

Phentex

(16,334 posts)
164. the time line does not work...
Tue Aug 13, 2013, 05:58 PM
Aug 2013

and she did NOT attempt to buy it because SHE WASN'T ALLOWED TO LOOK AT IT.

Oprah does not need damage control. She's not Paula Deen.

Burma Jones

(11,760 posts)
75. I'd quit my job and volunteer my work hours to make things better.....
Mon Aug 12, 2013, 02:42 PM
Aug 2013

Talk to folks at Hospices that may be there alone.
Clean Toilets at places that deserve to have that sort of thing done for free.
Teach/Tutor
Work for those that can't any more, like yard work for elders and the injured.

That would replace the 9-5 stuff I do now.

Well, I'd also do the books for my Wife's Yoga Studio

I'd still spend those hours when the kids aren't in school with my family.

tabbycat31

(6,336 posts)
79. I would replace my car
Mon Aug 12, 2013, 02:45 PM
Aug 2013

Go from driving a 14 year old car with 225K to a new one.

Bank the rest for my next car. That's about all that would change.

I have absolutely no desire to own a home. I don't want the work that goes with it.

 

MotherPetrie

(3,145 posts)
85. Not much, probably. Just would have more peace of mind about ability to pay for long-term health
Mon Aug 12, 2013, 02:55 PM
Aug 2013

care if necessary for me or my loved ones, as well as being able to keep my house in good repair. Status symbols don't mean a fucking thing to me. I would love to be able to spend lots of money on supporting animal welfare groups.

Cleita

(75,480 posts)
86. I could do with more income. I find when you have to often
Mon Aug 12, 2013, 02:59 PM
Aug 2013

finish your month expenses on a credit card, you don't have adequate income to live on even with a frugal budget. That's why a $38,000 clothing accessory seems obscene to many of us. Since I live on social security, each rise in gas and food prices, each rise in health care costs are not adequately covered by COLAs and now that chained CPI on the table, it makes things even bleaker. I'm sure whichever woman can afford to throw away money because she's too rich to pay more than 15% of her income in taxes on expensive items to decorate herself with doesn't think of those things at all.

One thing for sure though is that I will never be fat because I don't have enough money to overindulge in overeating.

 

Vashta Nerada

(3,922 posts)
87. I like how people say they will never change.
Mon Aug 12, 2013, 02:59 PM
Aug 2013

Everyone changes when they get extra money.

How much is enough? Well, the basic answer is it's enough when you can feed yourself and your family, as well as to be able to provide for them and to pay your bills and to put some into savings/retirement. That number varies among families.

Warpy

(111,254 posts)
98. I have enough
Mon Aug 12, 2013, 03:33 PM
Aug 2013

If somebody dumped a hundred million on my back, I'd be looking for ways to give the overage away. I really don't want that kind of burden.

Unfortunately the dollar amount is different for everybody. The usual figure given for "enough" among bottom tier workers is $50,000/year.

When the brunt of the collapse hit in 2009, I started to see things like designer handbags at yard sales. The owners thought they'd still get designer prices for them and be able to meet the mortgage payment that month. They were wrong, the things sold for what a decent used bag from JC Penney would have sold for, and they were also shocked.

The difference between this and the absolute upper wealth holders is that everything the top buys is art, mostly one of a kind objects and specially made for them. That extends to their ball point pens and toilet paper holders. There is no difference in function between those and Bic pens and paper holders from Wally's. Or handbags from JC Penney or Etsy. The only difference in the items is in name and price, chosen arbitrarily by the rest of the 1%.

If Oprah shopped at Penney's, the rest of her crowd would make fun of her just like a clique of mean kids in high school. So she pays $38,000 for a stupid handbag when it would be cheaper to hire somebody to follow her and carry all her junk so she is unburdened.

Now that would be real conspicuous consumption.

Drale

(7,932 posts)
102. I don't think it was change my lifestyle that much
Mon Aug 12, 2013, 03:41 PM
Aug 2013

except that I would have more awesome useless nerdy stuff laying around my house that I love but don't really need. lol

hedgehog

(36,286 posts)
121. Yes - I am offended that such a purse exists! It's a prime example of conspicuous consumption!
Mon Aug 12, 2013, 04:58 PM
Aug 2013

jmowreader

(50,557 posts)
116. If I suddenly fell into huge money (9 figures) I would do this...
Mon Aug 12, 2013, 04:32 PM
Aug 2013

I would start another one of these threads. Then pick the three most absolutist "my lifestyle would never change, my life is perfect as it is" respondents, hire a detective to find out where they bank, and drop an unexplainable $10 million in their checking accounts...just to see how fast they call the realtor, the Apple Store, the best clothier in town and the Lamborghini dealer.

Large money would change anyone. I am sure everyone here would set up annuities, give some away etc., but you'd also get a house with a working roof, cars that were made during the Obama administration and shirts with all the buttons still on them.

arely staircase

(12,482 posts)
122. If I were a multi-millionaire I still would never buy clothing or accessories that cost 38 grand
Mon Aug 12, 2013, 05:02 PM
Aug 2013

I would certainly have a bigger house, but not a giant mansion. A large piece of land for privacy would be more important. I would probably drop 100 grand on some kind of BMW or Mercedes. Mostly I would travel. I like going places and seeing and experiencing things more than owning stuff. I might drop a couple of grand on a watch. I have never owned a really nice watch.

As far as charities, I would mainly donate to shelters for battered women and programs to ease poverty both here and abroad.

Douglas Carpenter

(20,226 posts)
124. unless the hand bag contains a genie that would grant me three wishes - I cannot see ever spending
Mon Aug 12, 2013, 06:56 PM
Aug 2013

that amount on such an accessory no matter how much money I had

Response to hedgehog (Original post)

 

Egalitarian Thug

(12,448 posts)
126. My cars would be restored much more quickly and my passport would
Mon Aug 12, 2013, 07:05 PM
Aug 2013

be more worn.

I'd have more animals, too.

Rosa Luxemburg

(28,627 posts)
137. I would buy an electric car, have solar panels installed and maybe a windmill
Mon Aug 12, 2013, 10:59 PM
Aug 2013

I can't afford those items now.

Luminous Animal

(27,310 posts)
140. I'm not a "thing" person or a status person, over the years when my income has increased
Mon Aug 12, 2013, 11:22 PM
Aug 2013

what has changed in my life is that: I donate more to political orgs, I give more to my neighbors who live on the street, I buy more drinks for my friends, and I BBQ or cook dinner more extravagantly for my friends.

I really think that the only thing that would change is that I would send my clothes out to be repaired rather than doing in myself. I enjoy sewing new things but I find repairing lining, sewing on buttons, re-hemming and replacing zippers very dull.

 

Katashi_itto

(10,175 posts)
147. Besides the money, I just need a Volcanic Island, an underground lair, a bevy of
Tue Aug 13, 2013, 08:39 AM
Aug 2013

beautiful, but deadly female assasins and a plan for world domination.

A plan likely involving John Ford purses with seceret mind-controling hypnochips built into them so I can control the 1%.

 

LittleBlue

(10,362 posts)
152. $38k for a leather bag while people struggle to get by
Tue Aug 13, 2013, 05:22 PM
Aug 2013

A f***ing disgrace.

The million dollar bag can't be far off.

 

darkangel218

(13,985 posts)
153. A few days ago i heard on the radio that Kim Kardashian and her hubby
Tue Aug 13, 2013, 05:26 PM
Aug 2013

spent $800K on gold toilets in their new mansion.

There is no end in how far some go in wasting money.

 

Whisp

(24,096 posts)
154. I hope I would never be dumb enough to buy something at that price
Tue Aug 13, 2013, 05:27 PM
Aug 2013

even is I won a trillion.

so much better things to spend on like beer and every rpg game in the universe.

Spirochete

(5,264 posts)
158. I'd start out more simple
Tue Aug 13, 2013, 05:35 PM
Aug 2013

Like, perhaps a $6500 keychain, $1200 hat, stuff like that. Then maybe a little conspicuous consumption - within reason...

 

Taitertots

(7,745 posts)
159. What is the difference between a $38,000 purse and a $500 purse?
Tue Aug 13, 2013, 05:42 PM
Aug 2013

Does it come with a $37,500 block of gold with it?

The only difference for me would be more vacations and a couple exceptional cars. Veyron Grand sport Vitesse, Zonda Revolucion, Fiesta GRC spec, Bowler Range Rover, and a highly modified 1968 Chevy Truck. Anything beyond that would just go to philanthropy.

At least with hypercars, you know the cost reflects the cost of production and it will hold it's value.

Bettie

(16,095 posts)
169. Better vacations!
Tue Aug 13, 2013, 07:24 PM
Aug 2013

More money means a nicer house (we've moved up over the years), but nothing terribly lavish.

A new car every so often.

College for the kids without bankrupting ourselves.

We laugh when we see CEO's getting paid millions because if we had enough to live on for the rest of our lives, we'd not be working. I don't see why people need so very much.

But, we live comfortably, now that DH is making a bit more than he ever has before, we go to the movies more often and are able to give a little more to others.

phylny

(8,380 posts)
173. We are so fortunate in that we're financially stable.
Tue Aug 13, 2013, 09:31 PM
Aug 2013

If I had a ton more money, say like a lottery windfall, I'd still stay in the same house, but pay someone to sow clover near the lake instead of the dirt and sticks that are there now, I'd fence in the yard for the dogs so they could run and have more fun, and I'd have less worry, I'd pay off our mortgage and our daughter's grad school debt and son-in-law's undergrad college debt, put our youngest through grad school, and buy all three of our daughters a house when they wanted. I'd help my brother and my sister-in-law who are both really struggling financially, and put all the nieces and nephews through college as well. I probably would keep working, but reduce my hours, which I'm planning to do in 1.5 years anyway.

I'd eventually replace my 2005 Honda CR-V which has 212,000 miles on it, but not yet - it's still running

Just Saying

(1,799 posts)
177. As very wealthy acquaintances of mine once said "It's never enough."
Tue Aug 13, 2013, 10:23 PM
Aug 2013


Personally I agree with Forrest Gump's mom, "There's only so much fortune a man really needs and the rest is just for showing off."
 

otohara

(24,135 posts)
178. I'd Generously Pay Someone to Cook
Tue Aug 13, 2013, 10:24 PM
Aug 2013

dinner.

I'm so tired of cooking - it never ends.
shop, prepare, cook, serve, enjoy, cleanup... repeat.



Vinnie From Indy

(10,820 posts)
180. Oprah's makes 38k before she finishes her frosted flakes or whatever
Tue Aug 13, 2013, 11:03 PM
Aug 2013

she has for breakfast. The right wing media hate merchants have already started the "OMG! Oprah is extremely wealthy! A 38 THOUSAND dollar handbag!!!" meme as a way to diminish her experience in the handbag boutique.

Generic Brad

(14,274 posts)
181. Skip the handbag and help my community
Tue Aug 13, 2013, 11:03 PM
Aug 2013

If I had that much money to burn I would rather see it spent on anonymous acts of charity. That is the kind of money that can help put someone through college, pay medical expenses, ensure multiple families have enough to eat.

I don't mind people being rich, but I do get annoyed when they piss away their money on fleeting personal enjoyment.

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