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originally posted in: Pete Parsons massive spending
8/1/2024 9:12:11 AM
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I don't understand what his personal spending has to do with whats happening to Bungo. If you wanna hate they guy, go right ahead, I kinda agree. Mismanagement is pretty obvious, but his money is just that [b]HIS MONEY[/b]. You can't tell people how to spend their own cash, not unless you wanna live in some communistic totalitarian regime.
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  • [quote]communistic totalitarian regime.[/quote] These 2 things have little to do with each other either practically or theoretically. The former is an economic theory and critique of capitalism. The latter, is a theory of governance and control. I guess if you took the most radical interpretation of the former and combined it with the latter you might have a salient point, but linking them intrinsically is an all too common misconception.

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  • Former President of Nintendo took a 50% paycut when the Wii U flopped. He also wasn’t obligated to. The money one needs to live vs the money to support an extravagant lifestyle is night and day… it would not even hurt Pete at all to buy 10 cars instead of 20. Again he isn’t obligated to, but don’t make an article saying you care about your Bungie family if you don’t.

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  • You'd think this is an unprecedented occurrence or something, rich people buying unnecessary sh*t while others lose their jobs.

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  • Sadly it happens all too often. Here in Australia we have all sorts of companies going into receivership at the moment. What people often fail to realise is that without people like this guy, nothing would happen/get started in the first place. I'm not saying they're right, but they are needed to drive things to a point. The biggest problem I see is with oversight. Who's watching and keeping in line the big wigs?

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  • Sadly, there seems to be less and less "oversight" each day. So long as those that are supposed to be doing so are beholden to those with the money or worse yet, [i]are the ones with the money[/i], that is becoming a thing of wishes.

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  • Agreed. He who has the gold makes the rules. That's the golden rule.

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