[Chuckster]

Full article posted. This was sent to me in rebuttal to a post I made on FB. Have some fun. I did. If you go to the link, check out this guys other writings. Good for a laugh until you realize this is the kind of crap being taught to your kids. Have at it FReepers!

[Responsibility2nd]

Wait. Let me go get my barf bag.
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Now. Now I’m ready to read.

[jsanders2001]

Hey if the guy agrees that Soros should redistribute his wealth I’m all in...:)

[Fledermaus]

What a crock of socialist crap.

[thackney]

lay claim to the resources that should belong to all of us

LOL!

[esoxmagnum]

Most of the super rich are politicians. How did Obama go from 1.2 million in wealth when he was elected to 12 million now?

Congress are immune to insider trading laws.

Those are the super rich.

[Senator_Blutarski]

I don't know about the super-rich, but millionaires tend to:

Work hard

Live within their means

Make intelligent choices

Understand human nature

[Buckeye McFrog]

The fact that the author is named Paul Bul***it is all you need to know.

[arthurus]

The results are real but the causes claimed are not. It is the effect of Inflation. More money is created and most of it goes to the government and to government protected Finance/Wall Street. It is real gains, not just inflation phoney gains because when the number of dollars is increased without a corresponding increase in production that devalues each person's dollars but the Protected Class is getting an increase in the amount of those dollars while the rest of us have only the same number of dollars or fewer because of a declining economy and declining wages..

With production static or decreasing THEY are getting a larger and larger share of it.

If you have $100 and I have $100 and if I have the power to "create" money and you don't then I "create" $100 without selling anything and there is no addition to the available stock of goods then $300 is bidding for the same set of goods that $200 would have bought previously. I can buy, now 50% more of those goods than you can because the prices have all gone up 50% except, of course, the price of labor, your labor. I can buy more of the stock of goods than you can. You are able to buy fewer goods than you could previously. I am wealthier than you now and have created nothing. My money "creation" was a division of the existing wealth into a larger number of smaller units and I let generously let you keep the same number of units/dollars you had before,but I have taken a big chunk of your wealth and arrogated it to myself of those to whom I choose to give it.

Inflation is a Wealth Tax.

[1010RD]

They have a point about crony capitalists, but “deregulated” markets? Nope, sorry. They’re heavily regulated, hence the big benefits to crony capitalists.

[A CA Guy]

The stock market is based on perception and we know the government has been manipulating that and rates so the national debt has a low interest rate.

Shrink government and less mischief IMO will be happening.

[basil]

I’ve been rich, and I’ve been poor.

Rich is better.

[BfloGuy]

Well, the writer is correct.

But it's the government's policy of inflating the dollar that makes it happen. End that and income inequality would revert to being caused by working harder.

I wonder if he knows that?

[Chode]

he starts with the age old lie all RATS put forth that for every dollar somebody else earns, is one LESS dollar I can earn, which is bullsh!t... I determine how may dollars i do or do not earn, it's NOT a finite supply

[GeronL]

the government taxes it from us and gives it to them.

[Joan Kerrey]

If everyone received a gift of $100,000 from the government, in a very short period of time the % of rich and poor would be the same as they are today.

[AllAmericanGirl44]

bkmk

[uncitizen]

"Shockingly, only one out of four Americans, according to a survey by Bankrate.com, "have six months' worth of expenses for use in emergency, the minimum recommended by many financial planning experts." "

actually I'm shocked its THAT high