Taylor <taylor@[EMAIL PROTECTED]
> wrote:
> "Jerry Kraus" <jkraus_1999@[EMAIL PROTECTED]
> wrote in message
> news:fffc99e7-b54f-4acc-945e-bcebd768ad6d@[EMAIL PROTECTED]
> > Now that Generalissimo George Bush has pushed through his "stimulus
> > package" -- basically, shuffling around 1% of our annual GDP from the
> > government's coffers to the hot hands of tax-paying individuals -- we
> > must ask ourselves what effect, exactly, this is likely to have. As I
> > speak, the stock market is up 200 ooints on the cheering news that
> > Warren Buffet -- the richest professional investor in the world -- is,
> > not surprisingingly, willing to put up his substantial forturne to try
> > to prevent the bond market from collapsing completely.
> > Simultaneously, major auto makers and Swiss banks are announcing
> > massive cor****ate losses.
> >
> > Now, the problem with the world economy is, of course, that there are
> > no markets left, there are no consumers left, because the wealth has
> > become too concentrated in the hands of too few individuals, largely
> > through the efforts of neoconservative loons like Generalissimo Bush.
> > So, how likely is it that shuffling around 1% of our GDP is likely to
> > significantly change this state of affairs? Not very, I would
> > submit. Nor can Warren Buffet, on his own, stem the tide for long.
> > Although, he may be Wall Street's greatest hero, and his efforts may
> > cheer investors for a time.
> >
> > I would suggest, however, another approach. There are 8 million
> > millionaires in the United States, currently. Eight million
> > millionaires, and 290 million poor people. Now, the total assets of
> > all these millionaires would far surpass the TOTAL GDP of the United
> > States. Wouldn't it make some sense to redistribute some, or all, of
> > the ill gotten gains of these worthless parasites into the deserving
> > hands of the worthy American people? Think of the wealth that could
> > be generated by increasing the assets of the average Amercain TENFOLD,
> > TWENTYFOLD, THIRTYFOLD!!! Education, research, new technologies,
> > jobs. The possibilities are endless.
> >
>
> Your suggestion was tried by the Soviet Union, and we know how well that
> turned out.
The sad thing is that Jerry gives no thought to how it got to be that
way, only that it is that way and he wants to take all the goodies and
redistribute it. But the way the system works, it would take 20 years
and then we would be bck at square-1, if that long.
--
regards , Peter B. P. http://macplanet.dk
Wa****ngton D.C.: District of Criminals
"I dont drink anymore... of course, i don't drink any less, either!
|
