To: PieterCasparzen
Smart money ruling a downtrodden people is not as good as smart money ruling a wealthy people. The smart money makes more money. You don't get it.
These people already have all the money they'll ever need, and more. It isn't about money.
It's the treading other people down, abusing people and taking things away from them, that is so sexy.
Don't believe me? Check out Genghis Khan's answer to the question, "What is best in life?" (Hint: he was quoted in Conan the Barbarian.)
To: lentulusgracchus
Smart money ruling a downtrodden people is not as good as smart money ruling a wealthy people. The smart money makes more money.
You don't get it.
These people already have all the money they'll ever need, and more. It isn't about money.
It's the treading other people down, abusing people and taking things away from them, that is so sexy.
Don't believe me? Check out Genghis Khan's answer to the question, "What is best in life?" (Hint: he was quoted in Conan the Barbarian.)
Most Americans' wealth is in dollar-denominated assets. Some may be overseas, but a great deal is here.
Bloomberg is a great example. His net worth is in the billions. If inflation takes away half the value of his net worth he will be half as wealthy. In no way would he want that to happen. He simply really thinks "he knows best" and wants to have a great deal of control over people's lives. Being as financially successful as he has been has a way of making people very confident in themselves, too confident for their own good and other people's good. Madonna thinks she is a genius. So do Jon Stewart and Joy Behar. They don't see that their financial success does not mean that every one of their own thoughts is automatically correct.
I like how you say "all the money they'll ever need". All too often people think that same thing about themselves and they wind up bankrupt. Millionaires and billionaires can and do go bankrupt.
The ideas that are popular amongst the wealthy nowadays are unfortunately plagued with socialism and statism. Largely the wealthy nowadays were in their youth in the 1960's, ergo the rampant evil, corruption and general misguidedness in their thoughts, words and deeds. They somehow want to defend socialist, workers of the world, immorality, communism, etc., even though they made their fortunes in free enterprise America that was still coasting off the success resulting from it's moral foundations.
Do wealthy liberals not care about the poor who their wrong ideas hurt - of course they don't care. In fact, as long as they stay on top, they look smart, and as long as there are poor, they will have their faux cause to promote. They actually are well aware that most government giveaways are completely corrupted, and the recipients of welfare are mostly gaming the system to grab taxpayer dollars. The wealthy liberals do all they can, personally, to avoid paying taxes. They rationalize this all by saying "the rich conservatives" do it. Of course, statism and socialism mostly holds back the working poor and people who own and operate small businesses. The wealthy liberals don't care about them, of course, since they care really only about themselves.
Nevertheless, all wealthy liberals - including those mentioned above - do much better financially when American's have money in their pockets to spend. Here and there you find one willing to lose or spend their own money to advance their wrong ideas, though typically, like Soros, they only are willing to spend or lose a very small fraction of their net worth in this way. In a severe downturn or depression, many wealthy people are bankrupted, many commit suicide. Trashing the value of the U.S. dollar is a plan that looks good only to the U.S. government, and then even only in the short term. As the Treasury debt bubble collapse in the U.S. nears, there will be pathetic last-minute scrambling (fantastic lies) - exactly as there are in Europe now - but no one else will be liking the value of all their dollars trashed. The problem of course, is getting enough political uproar to get government to downsize and thereby reduce the burden that it represents to every person and business in America.
135 posted on
06/26/2012 3:16:38 PM PDT by
PieterCasparzen
(We have to fix things ourselves.)
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