Sunday, December 5, 2010

Class warfare

Hedge fund managers spent millions - that we know about - to protect their 15% tax rate. Yes, you read that right. They pay the same rate as someone making $35,000 a year.

And we guarantee the risks they take.

This is totally unjust.


Anonymous said...

I wonder how many tens of millions Georgs Soros spent in an attempt to buy political influence. Oh...that's right...dems don't do that.

lovable liberal said...

I wonder too. In the post-Citizens v. FEC world, we can't find out.

The biggest current problem with the Democrats is their prostitution to Wall St. Of course, there are still things the Dems won't do - at least not without a big honking condom. The Republicans will felch Wall St. for a song. For the sheer pleasure of getting that close to the assholes.

Even so, I am much more worried about Goldman Sachs than about George Soros. Goldman Sachs wants a payoff in new rules - or the lack thereof - while Soros is an ideological progressive. But I still wouldn't trust his advice about currency trading, where he made his billions.

What is it about Soros that makes wingers so loony? We've got this one guy. You've got hundreds.

Oh right, conservatives think what's theirs is theirs and what's ours is theirs too. Greed works - for the greedy, and that's all it works for.