How the Feds Feed the Rich

How the Feds Feed the Rich

There are 18 comments on the dailyreckoning.com story from Jul 24, 2012, titled How the Feds Feed the Rich. In it, dailyreckoning.com reports that:

We've been sticking our necks out. We had a strong hunch that the rich had gotten a whole lot richer not because they were suddenly greedier or suddenly smarter, but because of the feds.

Join the discussion below, or Read more at dailyreckoning.com.

“Ante Omnia Armari”

Since: Nov 07

"You get back what you give"

#1 Jul 24, 2012
Nothing but one big circle-jerk going on. Frikken pack of a-holes.

Since: Jul 11

Location hidden

#2 Jul 24, 2012
That is why some investment corporation make a ton of dow. They simply provide a services not too many people know it exists: "Managing Greed."

Since: Jun 09

Fargo, ND

#3 Jul 24, 2012
“If congress has the right under the Constitution to issue paper money, it was given them to use themselves, not to be delegated to individuals or corporations.”
- Andrew Jackson
Jumblia

Westminster, MD

#4 Jul 24, 2012
Funny how this story mentions Romney, but fails to mention Obama and Bernanke and QE1, QE2 and the attempted QE3 which are exactly the scams they are talking about. By printing money out of thin air they are stealing money right out of your Life Savings (401K, IRA, ...) by making the dollars in these programs worth less. The only few items they can't steal money from is Gold and Silver. As they print more money these become more valuable.

“Jody”

Since: Apr 09

Location hidden

#5 Jul 24, 2012
This cluster-frick is news?

Here, pull my finger.
Ooops, not my finger,.. now bend over.
Go Blue

Miami, FL

#6 Jul 25, 2012
All the wealthy in USA, just can't wait for Romney.....just imagine, getting richer...30 pieces of silver, at a time......
Dr Stinko

Hampton, VA

#8 Jul 25, 2012
Well, I reckon we all have views on why the wealthy have become wealthier.
Mine is that the super rich don't have to wait for opportunity, as you and I do; they can create it.
Here in the last 20 or so years, de regulation promulgated by both the GOP and Dem administrations has given those "creators" of wealth the ability to do exactly that.
The down side is that there are only a certain amount of beans in the jar, absent growth, so the more they get, the less we do.
The presumption that the wealthy will create jobs and industry, to our benefit, is not always true.
Outsourcing is a prime example of how venture capitalists can maximize profits, thereby accumulating vast wealth, without creating localized opportunity.

There is lots of good literature on this stuff, written from both sides of the ideological aisle. In the long run it all says kinda sorta the same things.
Go Blue

Miami, FL

#9 Jul 25, 2012
It's so great, when just good profits aren't enough....that they can openly show their true greed, by maximizing profits.....that must be the new american way....f*ck, the rest of y'all....
Sam

Columbus, OH

#10 Jul 25, 2012
Go Blue wrote:
It's so great, when just good profits aren't enough....that they can openly show their true greed, by maximizing profits.....that must be the new american way....f*ck, the rest of y'all....
That's why Obummer and co. are dining on $100/lb. steak and lobster tonight (That you're paying for) while you're eating Ramen.

Welcome to the "NEW" New World (DIS)Order. Brought to you by Communists/Soros/Islamatard terrorists...
Go Blue

Miami, FL

#11 Jul 25, 2012
That's why Romney and the GOP, protect the corporate wealthy from paying for their GREED.....
Sam

Columbus, OH

#12 Jul 25, 2012
Go Blue wrote:
That's why Romney and the GOP, protect the corporate wealthy from paying for their GREED.....
Who's going to pay for the 14 (and counting) "GREEN" companies that Obummer bailed out and then almost immediately went bankrupt? Not Obummer. Damn sure not ME. Must be YOU. Good luck with that...

Since: Jul 11

Location hidden

#13 Jul 25, 2012
Obama received Hugo Chavez' endorsement. And Obama has not declined on the Venezuela dictator's support.

Doesn't this tell you something?
Sam

Columbus, OH

#14 Jul 25, 2012
David Cheever wrote:
Obama received Hugo Chavez' endorsement. And Obama has not declined on the Venezuela dictator's support.
Doesn't this tell you something?
9 out of 10 muzzie terrorists endorse him as well. The tenth one would have but he just blew himself the hell up...

Since: May 12

Location hidden

#15 Jul 25, 2012
With blue Jesus faced lobster?
republican thinker

Downers Grove, IL

#16 Jul 25, 2012
Sorry, but, all billionaires are successful, hard-working people who can only be stymied by one black POTUS who is (repeat after me in dronish voice) "THE WORST PRESIDENT SINCE CARTER". See, he's like their Kryptonite is all.
Sam

Columbus, OH

#17 Jul 25, 2012
republican thinker wrote:
Sorry, but, all billionaires are successful, hard-working people who can only be stymied by one black POTUS who is (repeat after me in dronish voice) "THE WORST PRESIDENT SINCE CARTER". See, he's like their Kryptonite is all.
Your "guy" is losing it, Fairy. On more levels than one. I'm sure you'll still want to "teabag" him though...
Dr Biffy Stinko

Hampton, VA

#18 Jul 25, 2012
republican thinker wrote:
Sorry, but, all billionaires are successful, hard-working people who can only be stymied by one black POTUS who is (repeat after me in dronish voice) "THE WORST PRESIDENT SINCE CARTER". See, he's like their Kryptonite is all.
Well, all my billionaire friends are grateful at your comments in their defense.
ps: They all especially enjoyed the "hard working" reference...
pps: But they all thought your "one black POTUS" comment kind of revealed a predisposition inconsistent with their views on the overall. So they asked me to respectfully request you refrain from any further billionaire spokesperson duties.
republican thinker

Downers Grove, IL

#19 Jul 25, 2012
Dr Biffy Stinko wrote:
<quoted text>
Well, all my billionaire friends are grateful at your comments in their defense.
ps: They all especially enjoyed the "hard working" reference...
pps: But they all thought your "one black POTUS" comment kind of revealed a predisposition inconsistent with their views on the overall. So they asked me to respectfully request you refrain from any further billionaire spokesperson duties.
Pardon me, do you have any gray poopon?

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