Michael could be right.
Wall Street is full of the meanest sort of crooks.
Remember the old saying about don’t shoot the messenger?
Doesn’t apply when talking about Fat Boy.
From a rich guy who employs non-union labor on his films.....
Maybe America is not broke but a lot of people are. Looks like we are going to live in interesting times in 2012.
Here is an excerpt.
America is not broke.
Contrary to what those in power would like you to believe so that you’ll give up your pension, cut your wages, and settle for the life your great-grandparents had, America is not broke. Not by a long shot. The country is awash in wealth and cash. It’s just that it’s not in your hands. It has been transferred, in the greatest heist in history, from the workers and consumers to the banks and the portfolios of the uber-rich.
Today just 400 Americans have the same wealth as half of all Americans combined.
Let me say that again. 400 obscenely rich people, most of whom benefited in some way from the multi-trillion dollar taxpayer “bailout” of 2008, now have as much loot, stock and property as the assets of 155 million Americans combined. If you can’t bring yourself to call that a financial coup d’état, then you are simply not being honest about what you know in your heart to be true.
And I can see why. For us to admit that we have let a small group of men abscond with and hoard the bulk of the wealth that runs our economy, would mean that we’d have to accept the humiliating acknowledgment that we have indeed surrendered our precious Democracy to the moneyed elite. Wall Street, the banks and the Fortune 500 now run this Republic — and, until this past month, the rest of us have felt completely helpless, unable to find a way to do anything about it.
Every time you hear this kind of hate-the-rich argument from lefties, the counter argument should be this: Are you saying that there is a limited amount of capital in the world and if someone has a lot then that means someone else can’t get their share? Are we to believe that there is an X amount of money available and if a rich person has too much, then someone else will have less? This whole argument is absurd and indicates that the economic pie is of a set size and is really only a means for socialists to make attempts to redistribute wealth. The argument regarding wages for the middle class has nothing to do with what or how much the wealthy make. It is a separate issue.