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undergroundpanther Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-18-08 04:42 PM
Original message
The Underserving rich.;
If we accept the existence of the undeserving poor, does it mean there are also the undeserving rich?



The undeserving rich turn their backs on the poor and blame them for their poverty. The fortunate believe in crap like utiliarianism and social darwinism as long as they are excepted from it,they support the just world hypothosis and the rich act as if ,the poor get what they deserve.But if a richie fails he gets bailed out by richies running our government as the richies personal ATM.So these rich piggies never feel the sting of failure. .The wealthy get away with thinking this way because their life has been so easy for them,and people under them wish to become like them so they never really get challenged.So the rich have no desire to live like the other half lives,or to care about the poor, the poor are far away abstracted and those uncouth people out there...If the rich were FORCED to live poor maybe they'd see reality a bit clearer and stop feeding themselves more on top of too much like the selfish,callous,vicious,financially abusive, manipulating,little 'club' of unaccountable piggies they are.


One of the saddest lessons of history is this: If we’ve been bamboozled long enough, we tend to reject any evidence of the bamboozle. We’re no longer interested in finding out the truth. The bamboozle has captured us. It is simply too painful to acknowledge — even to ourselves — that we’ve been so credulous. ~Carl Sagan
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You can pretend that it's all envy, and you can say that we're all equal and we all get what we deserve. Or you could listen to the prophecy and the challenge poor people don't always dare to proclaim on their own. That they are people. That they are citizens. That they have rights. That they don't have to deserve anything and keep showing how grateful they are. That they shouldn’t have to be heroes or victims because, in a decent society, that isn’t what entitles them to justice. Most of all, that you can’t do justice if you don't listen to the people who know injustice. It's time for them to be heard.
From the book, The Lowest Rung. by Mark Peel.
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If a bus driver in New Jersey spends a weekend gambling at Atlantic City, she will pay a tax of 7 percent on her gambling. If she buys $100 worth of lottery tickets, then she will pay an effective tax of almost 30 percent on the gamble.10 By contrast, if a corporate lawyer spends an afternoon buying and selling hundreds of thousands of dollars worth of the same stock in the hope of catching an upswing or downswing, she will pay almost no tax on her gamble.
Nanny state conservatives invariably become outraged when proposals to tax financial transactions get raised in public policy debates. It is one thing to tax the gambling that working people do at casinos or state lotteries. It is quite another to tax their gambling on Wall Street. Furthermore, many of the country’s richest people get their income from operating hedge funds that rely on being able to quickly buy and sell billions of dollars of financial assets with small transactions fees. In effect, these hedge fund operators are in the same position that the Atlantic City casino owners would be in if they didn’t have to pay gambling taxes to the government; pocketing the government’s share of the revenue is a huge boost to profits. This also explains the intense opposition to a tax on financial transactions. For these people, applying the same sort of taxes to Wall Street gambling as the rest of the country pays on its gambling could mean an end to their very way of life.
Wealthy people use the financial markets as the forum for their gambling in the same way that working class and middle class people use casinos and state lotteries. There is no reason to heavily tax gambling in casinos and state lotteries and allow gambling in financial markets to escape taxation altogether.
http://www.conservativenannystate.org/
http://www.conservativenannystate.org/cns.html#4
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Richard Steele Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-18-08 04:51 PM
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1. K&R
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blindpig Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-18-08 05:01 PM
Response to Original message
2. Yes, ideedy do.

Can't wait to see the convoluted objections to this piece.
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bbgrunt Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-18-08 05:22 PM
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3. most of the rich either stole their money or inherited it from
others whole stole it a generation or two before them. Very few could be called deserving of the kind of wealth they wallow in.
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blindpig Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-19-08 06:36 AM
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4. kick n/t
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Orsino Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-19-08 08:06 AM
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5. There are few honest ways to become very rich. n/t
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blindpig Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-19-08 08:35 AM
Response to Reply #5
6. Great fortunes, great crimes. n/t
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acmavm Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Apr-19-08 08:58 AM
Response to Reply #6
7. That's what popped into my mind. ALSO:
Le secret des grandes fortunes sans cause apparente est un crime oublié, parce qu'il a été proprement fait.

The secret of a great success for which you are at a loss to account is a crime that has never been found out, because it was properly executed.
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