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Solorider
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Re: McCartney "settlement": $125,000,000! [Re: jbar]
      #142749 - 10/11/07 05:01 PM (69.59.205.143)
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Happens all the time...just in different dollar amounts based on what a man's earning are. His settlement is probably par for the course if you take a ratio of today's average male wage earner. The court looks at the fact that she has become accoustomed to a specific lifestyle so why should she have to change. Heck, my attorney told me I could have ended up paying about $850 - $1000/month for at least a couple of years because my wife didn't have a job when we got divorced. Lucky me I didn't have to but I could have and believe me...that would have really hurt. Old Paul will make that money back within a year or two.

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gigi
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Re: McCartney "settlement": $125,000,000! [Re: stoltz]
      #142760 - 10/11/07 05:29 PM (68.110.76.139)
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This isn't alimony, from what I understood, it was a property settlement. And it's what he thinks is fair. Actually, I understood that he initially offered 35 million pounds & after negotiations settled on 50 million pounds, which is closer to $101 million than to the $125 reported by JBar.... but ...

I dont' know whether she contributed to it... maybe she did. Maybe he wanted her doing charity work & following him around the world & having his baby rather than resuming to work & earn for herself. Maybe he simply wants his baby to be raised in a home where a particular standard is met. Maybe he decided that 5% of his holdings are what he'd give to charity this year & he's decided that his baby's mother is his favorite charity this year.

My point is that we don't know the details other than that the press has skewered her & that HE, her stbx, has come to her side to defend her on some of these issues. Truly, the negotiations fell apart only when someone reported that she was demanding 25% of his holdings rather than 5%, and from waht I understand, the parties are both saying that this is NOT what was going on... but the british tabloids can't leave it alone.

I just mean that we don't know all the details and if HE is OK with this settlement, who are WE to interfere & judge it? Why should we be vilifying the woman who will be raising his child? Poor kid, had he been born to saint Linda (I liked Linda, but good grief!)... the kid would be raised with everyone fawning all over her... but this one was born to the vile young woman who defiled thier Sir Paul, so Paul's youngest will be raised in a house that their press considers inferior, by a woman they consider inferior, and she will probably be inferior, herslef, no matter what she does in life.

If I were a member of the super-rich class, living a life of leisure & seeking trophy spouses, I'd maybe expect to pay a portion of my own sole & separate estate if the time came that I wanted to rid myself of the trophy. Not that it's what you & I, poor working stiffs, would feel is fair, but that's how THEY live, and who are we to criticize?

This settlement is an anomoly, it's newsworthy, it's ODD. And it's being made among people whose lives & values we cannot even pretend to guess at or put ourselves in their place. It just doesn't work to pretend that we know whether or not this is fair.

Oh, and if your'e looking at whether or not her contribution to his life in this past 6 years might have cused a 5% increase in his net worth... you BET... if he had his net worth invested in what most people do... stocks, homes, etc... then his net worth probably doubled in this past 6 years, and it's QUITE likely that a meager 5% of that 100% increase might be attributable to her efforts in some way. We don't know. We're not part of the negotiations, so we have no right to criticize it. And it's an odd, unusual and newsworthy situation, so we have no reason to fear it.

The british tabloids may be all about commenting on things they know nothign about, but why should we think we know enough to take up thier banner & proceed with thier criticisms of the settlement? It makes no sense. It's interesting, newsworthy, but what makes any of us think we have any reason to criticize it?


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boobaa
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Re: McCartney "settlement": $125,000,000! [Re: stoltz]
      #142791 - 10/11/07 06:48 PM (155.70.39.45)
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Well, one things for certain -

Financially, her marriage certainly gave her a leg up.



(oh, no. . .I think I broke a rib. . . my bad taste joke-o-meter was just set off all by myself!)

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My religion is simple. My religion is kindness.

- Dalai Lama


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ssrachel
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Re: McCartney "settlement": $125,000,000! [Re: boobaa]
      #142816 - 10/11/07 08:37 PM (72.82.222.60)
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boobaa, i'm shocked!! tsk, tsk!!!

(just kidding...i'm laughing, too!)

kat

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What you reap is what you sow and so it goes...


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melanie14
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Re: McCartney "settlement": $125,000,000! [Re: boobaa]
      #142850 - 10/11/07 10:01 PM (12.218.145.18)
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okay, boo now that was funny!!!!!!!! Does anyone really think Paul is going to miss that money? Or was this post just to make a point. Who knows, maybe some people like to give their money to their X's.

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jbar
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Re: McCartney "settlement": $125,000,000! [Re: gigi]
      #142906 - 10/12/07 02:11 AM (68.88.202.224)
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===========================================================
...Oh, and if your'e looking at whether or not her contribution to his life in this past 6 years might have cused a 5% increase in his net worth... you BET... if he had his net worth invested in what most people do... stocks, homes, etc... then his net worth probably doubled in this past 6 years, and it's QUITE likely that a meager 5% of that 100% increase might be attributable to her efforts in some way...
===========================================================

What a load of absolute rubbish!

Don't you suppose that with all of the distress and distraction he endured, on her account, over the last few years that it is more likely that he created far less wealth than he would have without her? If he offered her 35 million pounds, then THAT IS THE FIGURE, nothing more, insofar as any truly "voluntary" offer is concerned. AND EVEN THAT WAS DONE UNDER DURESS, the obvious duress that a court may have "given" her even far more!

Your argument inevitably revisits the time-worn nonsense which maintains that a debt is influenced, if not controlled, by "how much the debtor has to begin with"-- part and parcel of Socialist if not Communist theory. ANY debt is properly determined ONLY BY THE PROVEABLE FACTS of the case. The suggestion that she may have somehow contributed something to his increase in wealth, during the marriage, is nothing but standard, self-serving, anachronistic anti-male speculation which we see in virtually all divorces--not only in the UK but, disgracefully, also in the U.S. .

If he had merely honestly wanted to demonstrate his continuing concern for the welfare of the mother of his child, don't you think that a TRULY AND TOTALLY VOLUNTARY settlement of something more like 5 million pounds, would have been more realistic? At a nominal after-tax and after-inflation adjusted return of only 2%, this would have represented a lifetime income of 200,000 dollars per annum. If she could not learn to live on this, as "reward" for living with this man for a few years and having his child, then there is truly something wrong with her (I'm not talking about her "handicap") and something EVEN MORE wrong with anyone who disagrees with this observation!

RE-read "Atlas Shrugged"!

Edited by jbar (10/12/07 02:39 AM)


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kent
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Re: McCartney "settlement": $125,000,000! [Re: jbar]
      #143245 - 10/13/07 05:44 PM (71.51.145.235)
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Jbar - the key question is this -- if Paul is not bothered by this, if this is what he offered and approved of --- why the hell should you care? His business - his settlement. Done.

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jbar
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Re: McCartney "settlement": $125,000,000! [Re: kent]
      #143309 - 10/13/07 11:51 PM (68.88.73.58)
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===========================================================
...if Paul is not bothered by this, if this is what he offered and approved of --- why the hell should you care?
===========================================================

I'm glad you asked that question; I wanted to add a few more comments anyway. How can you say that he "is not bothered by this", when he is on record as having pronounced the whole process as being "blackmail"? Of course he "offered" her this, the same way that you would "offer" a robber only a portion of the money in your wallet, explaining that you had to have the remaimnder to pay your rent. IT IS CALLED LARCENY and it happens to men daily in divorce courts around the world, but primarily in "western" countries. The difference between the robber and the divorce court is that after the court (or the woman) accepts your "offer", you can no longer complain about the theft, as you can after being robbed at gunpoint! What good does it do to say that you are anything but satisfied and happy with the "settlement" when it would do absolurely no good to complain anyway, may even anger the court, defy a "gag" or other orders, and possibly set yourself up for further costs, sanctions or additional liability to your wife?

To put it another way, if the settlement was "only" $100,000,000 then this woman was effectively paid over $20,000,000 per year, for her company, plus additional millions in gifts and luxurious support. As far as I am concerned, the luxurious support alone was more than she rightfully deserved and she should have been satisfied with that. If she has enough intelligence and talent to appear on a major network, in a dancing contest--and with only one leg at that--then she should be able to support herself, as long as McCartney is assuming responsibility for the child. If he shares her views about charities, then he can donate to the charities directly, as much as he wants. In fact, if he had been able to give her whatever he REALLY wanted in the divorce, completely free of duress, he could then have proceeded to give her any additional amounts he wanted--purely of his own volition!


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kent
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Re: McCartney "settlement": $125,000,000! [Re: jbar]
      #143310 - 10/13/07 11:59 PM (71.51.145.235)
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As a man of resources and supposed intelligence - he should have had a prenup. Simple.

As I said on the 4 mo. posting ... much of what you want in divorce is possible.... if people choose to act that way. Very few do. If "I" choose not to have a prenup and pay the price - then it is my own damn fault ... and nobody else's business.

The system is hardly as broken as you would like to make it appear. There are problems. And both men and women can get treated unfairly within it. There is no magic bullet to fix it either.

Actually there is one ... if someone is so concerned about being "taken" then they should not get involved in a relationship. If you want a simple business arrangement with no strings, then you should not consider marriage or even dating. There are people you can hire for that.

For me ... I would rather have a relationship of merit. A meeting of equals.

--------------------
Today you are You, that is truer than true. There is no one alive who is Youer than You.
Dr. Seuss


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