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Tax the Super Rich now or face a revolution

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1776Forever Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-30-11 06:36 PM
Original message
Tax the Super Rich now or face a revolution
Paul B. Farrell
March 29, 2011, 12:01 a.m. EDT

http://www.marketwatch.com/story/tax-the-super-rich-now-or-face-a-revolution-2011-03-29

Tax the Super Rich now or face a revolution
Commentary: A ‘Super-Rich Delusion’ is leading us to ruin

SAN LUIS OBISPO, Calif. (MarketWatch) — Yes, tax the Super Rich. Tax them now. Before the other 99% rise up, trigger a new American Revolution, a meltdown and the Great Depression 2.

Revolutions build over long periods — to critical mass, a flash point. Then they ignite suddenly, unpredictably. Like Egypt, started on a young Google executive’s Facebook page. Then it goes viral, raging uncontrollably. Can’t be stopped. Here in America the set-up is our nation’s pervasive “Super-Rich Delusion.”

(much more at link)

.............

Make sure you read the 6 "Warnings" at the end of the editorial! Wow!

:hide:
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Doctor_J Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-30-11 06:38 PM
Response to Original message
1. Dupe
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1776Forever Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-30-11 06:46 PM
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2. Thanks - didn't see it - sorry. n/t
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midnight Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-30-11 06:48 PM
Response to Original message
3. Who knew a bankers son could inherit this mess, and be able to do very little to help
those being held hostage... It's really very sad...

" One in five Americans unemployed or underemployed. One in nine families unable to make the minimum payment on their credit cards. One in eight mortgages in default or foreclosure. One in eight Americans on food stamps. Upward mobility has always been at the center of the American Dream … that promise has been broken… The American Dream is becoming a nightmare.” Soon it will implode. a meltdown, revolution, depression."
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