Sunday, December 21, 2008

Keeping the rich richer than ever.

Personally, I'm for letting rich people stagnate. I don't want them to become poor. Or even middle income. I just don't want them to become richer at the expense of the poor and the middle classes. Here in America, we've worked on the principle that it's good to reward the rich by allowing them to get obscenely rich. Under the premise that much of their wealth will trickle down to the lower and middle classes. I don't believe it's been working that way. Evidenced by the ever-widening gap between the rich and the poor. The rich people in positions of power would like us to think it's working. But it ain't. Some of us have been duped into thinking it works. Because that's what we are told. But that's baloney. Even some of the rich fall for the bait. Bernard Madoff had a Ponzi scheme going. He told rich investors that he could make them easy money. Well, it turns out he made himself easy money. Like $50 billion. By robbing from the unquestioning wealthy to line his pockets. So many moneymaking schemes in America. Little wonder that Wall Street is collapsing. And big corporations are going out of business. But only after executives got their multi-million dollar bonuses. And now many of these corporations are coming to the government to ask for bailouts. With money from all of us taxpayers. Yes, the poor. The middle class. Everybody. We're all gonna pitch in to save the asses of some of the wealthy. Some of that bailout money is being used for so-called golden parachutes for executives who bolixed up everything in the first place. Yes, in America there's a scheme for everything. Especially a scheme to keep a handful of the elite rich richer than ever. --Jim Broede

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