Gotta Watch: What $$$ can buy
Luxury yachts are on display in Miami, Florida.
October 4th, 2011
01:18 PM ET

Gotta Watch: What $$$ can buy

There may be things money can't buy, but there are a lot of things it can. You can shell out $100,000 on a fancy sports car or $1 million on a nice home, but that's not enough for one New Yorker. He bought an island. To stick with that theme, Gotta Watch looks at some videos showing examples of just what money can buy. Some of the price tags may surprise you.

If you want it, buy it – This New York resident really liked an island he could see from his home, so he bought it. Check out what he got for his money.
[cnn-video url="http://www.cnn.com/video/?/video/us/2011/10/04/dnt-man-buys-rat-island.wcbs"%5D

$5 for a new car – A lucky Michigan man bought a brand-new car for just a bit more than the price of a gallon of gas. Jonathan Mason purchased a new Chevy Camaro from a penny auction website.
[cnn-video url="http://www.cnn.com/video/?/video/us/2011/07/12/dnt.camaro.sells.for.five.bucks.wnem"%5D

King for a day – Have you ever heard of a country called Liechtenstein? Well, if you have enough money, you can own it... for a day, at least. Rent the small country out for you and 900 of your closest friends for the small price tag of $70,000 a day.
[cnn-video url="http://www.cnn.com/video/?/video/bestoftv/2011/04/24/exp.gps.rent.liechtenstein.cnn"%5D

soundoff (61 Responses)
  1. Angel

    Money can also buy food and clothes and electricity for us poor people.

    October 4, 2011 at 1:21 pm | Report abuse |
    • Steve

      Perhaps you should try to earn it yourself

      October 4, 2011 at 2:49 pm | Report abuse |
    • justin

      You have internet access. Must not be that poor. If you need food stop paying for internet or phone and buy yourself some Top Ramen!

      October 4, 2011 at 2:50 pm | Report abuse |
  2. Angel

    It just doent seem right. Some people waste more on a sports car than others spend on a home. Some throw away money while others go hungry. America has become an odd place.

    October 4, 2011 at 1:27 pm | Report abuse |
    • bc

      its not there problem to worry! poeple need to get off welfare and there lazy asses and get a job!!!!!!!!!!!!!!!!!

      October 4, 2011 at 1:32 pm | Report abuse |
    • Sauce

      1) This isn't anything new so how is America "becoming an odd place"
      2) There have been mega rich since the beginning of time.
      3) Work hard and if you make a ton of money, spend it on whatever you want, that is the BEAUTY of this country. Aside from everything else that is great about the United States of America

      October 4, 2011 at 1:37 pm | Report abuse |
    • Obeythelaw

      Angel – In your opinion how much is a person supposed to 'give back' before they can spend the money they earned as they see fit? You said in your post that 'Money can also buy food and clothes and electricity for us poor people'. My question to you is this: for how long? How long will someone else buy food, clothes and electricity for poor people before poor people provide their own? Oh wait, nevermind, that's called welfare; a blessing for some; an excuse for others.

      October 4, 2011 at 5:00 pm | Report abuse |
  3. pmk1953

    Don't forget to add politicians and "grass roots" political parties to the list. Remember, we have the best government money can buy.

    October 4, 2011 at 1:34 pm | Report abuse |
  4. Joey Isotta-Fraschini

    Yes, there have always been very rich and very poor classes.
    It will always be that way, unless an attempt is made to render everyone equally wealthy. If that happens, everybody will be poor.

    October 4, 2011 at 1:44 pm | Report abuse |
  5. forest gump

    i got shot in the buttocks. They said it was a million dollar wound. But i aint seen a nickle of that money.

    October 4, 2011 at 1:56 pm | Report abuse |
  6. Angel

    This just didnt happen until they started letting lesbeans into the military. Now everything is going to heck in a handbasket.

    October 4, 2011 at 1:56 pm | Report abuse |
    • Andy

      Wow. Really. You have just proven how useless you opinion is.

      October 4, 2011 at 2:33 pm | Report abuse |
    • Lovemygayson

      HUH?????.....MORON

      October 4, 2011 at 2:41 pm | Report abuse |
  7. saywhat

    Sure, this great country of ours is not becoming an' odd place'. Its just that we seem to be losing it as a nation.
    If one cares to take a deep breath & ponder where we stand today.
    As a world power, financially, economically, geo-politically etc. Where our policies of the past decade & more have led us. Divided internally, growing discontent with the system, jobs, education, health care, infrastructure, poverty, the list goes on.
    No leadership of any caliber on the horizon. And thanks to those who are guiding our destiny from the benches of Capitol Hill & corridors of politics, what now defines our socio-political vision is wars, fear, hatred & paranoia.
    We are indeed in a great shape.

    October 4, 2011 at 1:58 pm | Report abuse |
  8. ME 2

    yeah ! plus all our jobs are being outsourced. it is capitalism run amok. the businessmen only care about profit. at any cost. they ahave become the real bad guys.

    October 4, 2011 at 2:08 pm | Report abuse |
    • Sauce

      What type of businessman man wouldn't want to make a profit? I wouldn't hire him.

      October 4, 2011 at 2:39 pm | Report abuse |
    • boogietime

      I wouldn't hire him if he was so short sighted that he outsourced all the jobs either. Sure you will show a great profit on your quarterly statement, but the smart guy would be looking at what the quarterly statement in 30 years will look like, and if you offshored everything, your offshore factory has probably been taken over by the Chinese government and they stole your whole business.

      October 4, 2011 at 2:50 pm | Report abuse |
  9. broken

    Our system in the US is broken. The CEOs and big business are destroying the country. They not care whom they destroy as long as they can increase the profit margin. Why wont Obama stand up and do what he said he would do when we voted for him?

    October 4, 2011 at 2:11 pm | Report abuse |
  10. GCDb

    It can also buy politicians. Or should I say "does"?

    October 4, 2011 at 2:27 pm | Report abuse |
  11. ig

    If I work my butt off and have brains to come up with a business idea, invest in it, risk all I have, expand on it and at the end make lot of money... why can't I spend it on what I want? If someone wants an island... let them buy it... they worked for it. And all of you who ask why they don't care about the rest of 'poor' people...guess what... those rich guys are the once who donate tons of money to all the charity. Its not your 20$ a year donatioin that supports the charity, its that 20milion dollar donation that lets it live. And for SHARE your wealth idea... why should I support some women on welfare who has 9 kids from different fathers who can't be found.. while others with brain like myself think many times before having a child to ensure we can support and bring them up properly.

    October 4, 2011 at 2:27 pm | Report abuse |
    • Richard Rogers

      I agree wholeheartedly with your post, Every person in this country can be successful is they want to work at it.

      October 4, 2011 at 2:47 pm | Report abuse |
    • MEG

      Anyone should be able to enjoy the fruits of their own labor, but the reality is that the "have nots" are fed up with the "haves" acquiring more and more while the rest of us struggle to deal with the blowback from corporate greed. It is time to pay attention, folks....the demonstrations against Wall Street are not smoke and mirrors. Soon the "have nots" will have nothing more to be taken. How will the rich get richer then?

      October 4, 2011 at 3:05 pm | Report abuse |
    • ig

      Wall street is not a problem... people depending on government to bail them out is a problem. If you make 30K/year, you shouldn't be taking out a 500K mortgage even if the bank is willing to give it to you. You should be able to use your brain and figure out you can't afford it. So its not bank's fault you lost your house, its your own fault that you took out more then you can afford. If you can't buy a 2K purse, don't buy it... but don't put it on your credit card... People need to think and take responsibility instead of blaming others. Maybe if unions didn't demand payraises and all the benefits, the factories wouldn't outsource their production to other countries. Also, maybe the demonstration on Wall Str should think a little. They are causing a lot of traffic for working people who are trying to get to and from work. Why are those folks going to work have to leave their homes an hour early to get to work ontime because of all the traffic? Also, maybe those people chillling outside on wall street should rather go and WORK instead of complaining. My friend who did graduate work on social behavior and structure, did an experiment... he went to multiple homeless/baggers on the street and said... come and clean my backyard and house and I'll pay you 7$/hr for 8 hours of work... guess what... no one agreed to that. I still wonder why.... my first job back in 1995, when I was only 15 was cleaning houses after school... but guess what... I worked and didn't ask for anyone to help me... so stop asking for help and do something for yourself.

      October 4, 2011 at 3:30 pm | Report abuse |
    • Huh?

      "Wall street is not a problem... people depending on government to bail them out is a problem." This is what you said. Where have you been the past few years? I do not know if you have heard ,but the government bailed out Wall Street.This must not be a problem huh?

      October 4, 2011 at 4:13 pm | Report abuse |
    • ig

      Government bailed out not "wall street", but banks and other companies. Wall Street against which there is a demonstration is thousands of companies being traded.... government didn't bail out all of them (just a small fraction). So, Wall Street is NOT a problem. Problem is people and some companies which rely on government to help when they make mistakes. Wall Street is just a market where you can make money no matter if it goes up or down... how do you think hedge-funds come up always on top...

      October 4, 2011 at 10:04 pm | Report abuse |
  12. Maurice

    test

    October 4, 2011 at 2:36 pm | Report abuse |
  13. boogietime

    Liechtenstein rents for only $70,000 a day? For the whole country? That is an awesome deal. Shoot that's only $25 mil a year! The US can take the place over, and it will still be way cheaper then Iraq 40 years later!

    October 4, 2011 at 2:47 pm | Report abuse |
    • Maurice

      boogietime, cheap means that the cost is lower and the quality is lower. Cheap is not a synonym for less expesive. It is 2nd most misused word in our vocabulary. But not a bad Idea :).

      October 4, 2011 at 2:50 pm | Report abuse |
    • boogietime

      Adjective

      cheap (comparative cheaper, superlative cheapest)

      Low and/or reduced in price.
      Of poor quality.
      Of little worth.
      (slang, of an action or tactic in a game of skill) underhand; dubious.

      Not exactly Maurice...

      October 4, 2011 at 2:52 pm | Report abuse |
  14. Paul

    I wish money could buy an asteroid to take us the way of the dinosaurs and to see every h0m0sapien's face as it came unstoppably down upon us all.

    October 4, 2011 at 2:49 pm | Report abuse |
    • Maurice

      Paul youi mentioned money. It is the most misused word in our vocabulary. Are you defining money as $1, $5, $10 bill etc.?

      October 4, 2011 at 2:52 pm | Report abuse |
    • boogietime

      bill is one of the most misused words in the American vocabulary. Technically, they are $1, $5 or $10 Federal Reserve Notes.

      October 4, 2011 at 2:53 pm | Report abuse |
  15. Joey Isotta-Fraschini

    Justin is right.

    October 4, 2011 at 2:54 pm | Report abuse |
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