Sunday, September 23, 2012

The morally correct path.

I see nothing morally wrong with soaking the rich. Yes, that's exactly what the world needs. Revamped economic and political systems that put the onus on the monetarily rich to bail societies out of economic recessions and depressions. Nations have the wealth/wherewithal to solve their economic problems. And what they need most is the gumption to do it. In the morally correct way. By narrowing the gap between the rich and the poor. I'm encouraged. Because that's happening in such countries as Greece and France. Leftists political parties are emerging. Becoming the majority. They are working for reform of greedy styles of capitalism. Preferring instead to impose tax rates as high as 70 percent on millionaires and billionaires. Yes, on their most affluent citizens. That's beginning to scare the hell out of rich people. But so be it. It's time for majority rule. To not allow the richest people in the land to rule the roost. The rich often advocate severe austerity programs that take from the poor and the middle class to bail out greedy capitalists that have milked the political and economic systems. Especially in the last 30 years in America. The gap between the rich and the poor has never been wider. That's why we are in an economic mess. World-wide. To get out of our dilemma, we need an expanding social safety net. And more jobs. And that may mean more and more public sector jobs. Paid for, in large part, by higher taxes on the rich. For the sake of the common good. Of course, the rich will cry bloody murder. That it ain't right to take away big chunks of their 'hard-earned' moola. In reality, the rich have far too much money. They don't need it. We need the emergence of equalitarian societies that recognize the morally correct path. --Jim Broede

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