Those damn overpaid unionized govt. workers. I wonder what govt. agency Paulson works for. ---------------------------------------- Now, if your job paid $50,000 a year and you stayed at it for 47 years, your tally for a lifetime of work would be $2.4 million. Not bad — but hedge fund hustler John Paulson pulled down that much last year. Most of us would consider an annual income of $2.4 million... [more]
Those damn overpaid unionized govt. workers. I wonder what govt. agency Paulson works for.
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Now, if your job paid $50,000 a year and you stayed at it for 47 years, your tally for a lifetime of work would be $2.4 million. Not bad — but hedge fund hustler John Paulson pulled down that much last year.
Most of us would consider an annual income of $2.4 million to be a windfall, but it didn't take Paulson a full 12 months of work to pocket his windfall — or one month, a week, or even a day. That's how much he made an hour. Yes, Paulson could've worked one single hour in 2010 and hauled off a paycheck equal to what a typical household gets for a lifetime of work.
http://www.csindy.com/colorado/billionaires-are-hiding-out-in-the-hedges/Content?oid=2171413[less]
Response by hol4
almost 15 years ago
Posts: 710
Member since: Nov 2008
more Democrat robbery...
...damn democrats, at it again stealing from taxpayers money..
Campaign fundraising records show that John A. Paulson, founder and chairman of the hedge fund Paulson & Co., gave $30,400 to the Democratic Senatorial Campaign Committee in June, qualifying him as a major Democratic donor.
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Response by jason10006
almost 15 years ago
Posts: 5257
Member since: Jan 2009
Democrat, Republican, Green, Anarchist - who cares. Raise his taxes.
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Response by Socialist
almost 15 years ago
Posts: 2261
Member since: Feb 2010
Paulson also gave to Republicans:
PORTMAN, ROB (R)
NATIONAL REPUBLICAN SENATORIAL COMMITTEE (R)
FIORINA, CARLY (R)
Pat Toomey (R)
PAUL, RAND (R)
BOOZMAN, JOHN (R)
BLUNT, ROY (R)
COATS, DANIEL R (R)
Richard Shelby (R)
NORTON, JANE BERGMAN (R)
EVERY REPUBLICAN IS CRUCIAL (ERICPAC)
John McCain (R)
Virginia Foxx (R)
Mitt Romney (R)
Paulson convinced folks to pay him that. It wasn't a salary. He got people to invest in his fund and pay his rate. They agreed to pay him this amount.
If they're private businesses or persons, then maybe they thought it was worth it. If not, they're then they pay the price.
I it is governments and pensions and such, then blame the idiots who agreed to pay his rate. They work for us. Probably the same folks who signed the union contracts, too.
;-)
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Response by Socialist
almost 15 years ago
Posts: 2261
Member since: Feb 2010
Did he also convince the government tto allow him to only pay 15% in federal income taxes?
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Response by huntersburg
almost 15 years ago
Posts: 11329
Member since: Nov 2010
Socialist, somewhere else is 100% correct, but your last point is also 100% correct, though it doesn't negate somewhereelse's points.
more Democrat robbery...
...damn democrats, at it again stealing from taxpayers money..
Hedge fund manager in Goldman Sachs case is major Democratic donor
http://thehill.com/blogs/on-the-money/banking-financial-institutions/92775-hedge-fund-manager-at-center-of-goldman-allegations-is-a-major-democratic-donor-
Campaign fundraising records show that John A. Paulson, founder and chairman of the hedge fund Paulson & Co., gave $30,400 to the Democratic Senatorial Campaign Committee in June, qualifying him as a major Democratic donor.
Democrat, Republican, Green, Anarchist - who cares. Raise his taxes.
Paulson also gave to Republicans:
PORTMAN, ROB (R)
NATIONAL REPUBLICAN SENATORIAL COMMITTEE (R)
FIORINA, CARLY (R)
Pat Toomey (R)
PAUL, RAND (R)
BOOZMAN, JOHN (R)
BLUNT, ROY (R)
COATS, DANIEL R (R)
Richard Shelby (R)
NORTON, JANE BERGMAN (R)
EVERY REPUBLICAN IS CRUCIAL (ERICPAC)
John McCain (R)
Virginia Foxx (R)
Mitt Romney (R)
http://www.newsmeat.com/billionaire_political_donations/John_Paulson.php
Paulson convinced folks to pay him that. It wasn't a salary. He got people to invest in his fund and pay his rate. They agreed to pay him this amount.
If they're private businesses or persons, then maybe they thought it was worth it. If not, they're then they pay the price.
I it is governments and pensions and such, then blame the idiots who agreed to pay his rate. They work for us. Probably the same folks who signed the union contracts, too.
;-)
Did he also convince the government tto allow him to only pay 15% in federal income taxes?
Socialist, somewhere else is 100% correct, but your last point is also 100% correct, though it doesn't negate somewhereelse's points.