Tweet of the moment

[soothsayer]

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Erin Rogers
@erogers8877
Jeff Bezos is having a $1.2 billion yacht made with a smaller yacht to hold the helicopter to ride alongside. He paid no federal taxes and has made almost double what he made in 2020, pandemic and all. How's that $1400 holding up?

[gratuitous]

1. It sounds like Mr. Bezos has suffered enough

Can everyone please get back to work for $7.25 an hour, and can we all agree, with unity and bipartisanship, to lower the tax rate on Mr. Bezos, so we can alleviate his pain somewhat? Won't someone think of wealthy for a change?

[leftieNanner]

8. You are too kind........

So thoughtful of you to consider the "poor" man's challenging financial situation

[Piasladic]

17. Lower his tax rate?

Are we going to pay him for being rich now? (I get your snark; the idea just made me laugh).

Anyway, he needs the yachts to get to his secret volcano island so he can plot his next diabolical...uh, philanthropic uh, something

[underpants]

2. Jeff Bezos' superyacht is so big it needs its own yacht

https://www.cnn.com/2021/05/10/business/jeff-bezos-yacht/index.html

The world's richest man is reportedly buying a boat, though that word feels inappropriately sensible for the monstrosity going to Captain Bezos: a 417-foot superyacht that's so massive it has its own "support yacht" with a helipad, according to Bloomberg. The estimated cost, not including the boat's support boat, is $500 million

[soothsayer]

3. Yep

[piddyprints]

4. I'm just wondering

how anyone that insanely rich can't find enough humanity in himself to actually do some good with some of that excess.

[leftieNanner]

9. But he's a job creator!

For the yacht builders union.

[MontanaMama]

10. Like providing health insurance for his employees!

It would be a write off for him and would change the lives of the folks who work for him.

[dlk]

5. And how's that extra $300 unemployment keeping you in luxurious lifestylestyle?

[TygrBright]

6. Ssssshhhh... careful! You might wake Madame La Guillotine. n/t

[yonder]

7. The smaller yacht is for a helicopter and....

....Camels and Needles. Yep, lot of camels and needles.

[DENVERPOPS]

18. I don't get the

camels and needles part.......

What is this Ol' Goat not getting....????

[soothsayer]

20. Easier for a camel to go through the eye of the needle than a rich man

... to enter the kingdom of heaven?

[yonder]

29. Yes and thanks. I could've been clearer.

[DENVERPOPS]

30. Thx

[yonder]

28. Yes, what soothsayer said.

I figure there will be lots of broken needles and dead camels to resupply.

Sorry for the delay getting back here.

[Initech]

11. Are we sure he's not a James Bond villain?

[dchill]

13. Well, he's surely a villain. That part's done.

[Initech]

14. That's seriously a sea palace worthy of Blofeld.

All he needs is an eye patch and a white cat on his lap!

[lame54]

12. Luckily all his under paid employees...

Aren't too lazy to work

Maybe he'll invite them onto his yaught(s).

[NQAS]

15. Boats that size will keep quite a few folks employed.

Maybe even some Americans.

That said, it's not likely the boats will be registered in the US, so he'll manage to avoid various taxes, fees, and regulations.

As for the support yacht. . . well, of course he needs a support yacht. Most yacht photos I've seen show helipads on motor yachts. Others might know for sure, but I don't think you would have a helipad on a sail yacht. So, of course he needs a support yacht. And I'll bet the support yacht will on its own make it to the top 10 or 20 in terms of superyacht size.

It's good to be rich.

Think about this. The rule of thumb for annual yacht operating costs of the purchase price for the yachts. So, assuming $1.2 billion for the yachts, that's $120 million per year to run them. Fuel, maintenance, staff, food & water, fees and taxes.

The real shame here is that he could increase salaries and require his contractors to pay living wages, and he wouldn't even feel that in his wallet.

If my calculations are correct - and I've demonstrated my arithmetic shortcomings in the past - the equivalent of his yacht cost as a percentage of his wealth would be equivalent to a person with a net wealth of $100,000 spending $652. Hardly even a drop in the, well, the ocean.

[soothsayer]

21. I bet the support yacht has its own support yacht

[DENVERPOPS]

35. He will need

a support yacht for no other purpose than to house the staff AWAY from HIS yacht. He certainly wouldn't want those lowly people occupying any space on HIS yachts living quarters...........

[erronis]

16. I'm guessing he'll need a pretty sizable fleet of gunboats, anti-torpedo/submarines devices

to guard against harm. That would be one helluva prize capture for pirates!

[Permanut]

19. My boat was bigger..

USS Sampson, DDG 10, twenty feet longer at 437 feet.

[Mr. Evil]

22. Oh, if I could only afford a submarine.

[soothsayer]

23. User name checks out

Go get your sub!

[Mr. Evil]

24. LMAO!

[NQAS]

25. That's what the support yacht is for

Submarines
Helicopters - the largest superyachts have 2, so you can host your friend's helicopter as well as your own.
Tenders - some of the larger superyachts have more than one tender, and those tenders can be the size of small yachts.
Water toys - Slides, seabobs, jetskis

[Mr. Evil]

27. My submarine would have torpedoes.

[soothsayer]

31. Obviously. Question about your name: Are you close to getting your Ph.D., or...?

[Mr. Evil]

32. Nah... that's my cousin.

[NQAS]

34. Hey, maybe Bezos's support yacht will also have torpedos

And, if so, who's gonna tell him he can't?

[LiberatedUSA]

26. A million dollar portfolio will let you live off about...

...$60,000 a year or so from interest. That is just a million dollar portfolio.

At some point you are so rich there is no point in keeping it except pure greed. If he set up a portfolio worth 100 Billion Dollars, he could use the interest on a monthly basis to randomly help people. That is a lot of people per month who could get checks of say $500,000 dollars or maybe a full million.

Why be so greedy and horde it all? He would need to be immortal to spend it all.

[DENVERPOPS]

36. Don't forget

the countless other Zillionaires running around. Especially many others right here in the U.S.

Hell, they not only don't share any of it with society, they don't pay any taxes and leave us common taxpayers to shoulder the load of taking care of the country's expenses so they can continue their massive pillaging.

[Cuthbert Allgood]

33. Thank god that union vote failed.

He might have to get a smaller helicopter on his support yacht.

[DENVERPOPS]

37. Their Castrating and Emasculating of

the NLRB was done decades ago, starting with Reagan/HWBush/Cheney in preparation for their massive assault on the workers rights......

And they have gotten it down to precious few, and they are focused on obliterating them.....Postal Workers Union, Public Government Workers Unions, and Teacher's Unions....