Rich people love socialism, keeps out their competition.
Wish I could "like" or +1 this.
it has been that way for years, many years. Wall Street controls Congress pretty well, but the Democrats are push overs - they love that Wall Street money in their pockets.
The one unique aspect we used to have was moving up and down classes.
Socialism stops the movement, that is why they like it.
The one unique aspect we used to have was moving up and down classes.
Socialism stops the movement, that is why they like it.
The rich love ANYTHING that will reduce the number of up and coming competitors. The super rich, like Warren Buffet, would have even the poor hauled off to camps to keep any of them from rising to his level.
Correct - that’s the point. They just want to be the protected class of the ‘old money’ - don’t want the possibility of any ‘new money’ coming along and challenging their position. Another poster here described it like this a few weeks ago or so: They don’t care if the pie gets smaller, just as long as they are the only ones who have the pie.
Progressives hate free-markets. The feel they can manage everyone's personal choices much better than the hayseeds can do for themselves. If you are part of the governing class or well-connected to them, then you can do very well too.
I remember clearly that in 2008 I didn't see a single "Sarah Palin" bumper sticker on Wall Street or in Greenwich CT, but I saw plenty of Obama ones.