11/21/2010

The Pointless Lives of the Idle Rich

Forbes recently published an idiotic story titled, "Quirky Billionaire Passions." The Forbes article tells us about:
Of the lot, it's marginally realistic to argue that Halle and Casden had something to do with their incredible wealth and power. Casden's wealth comes from southern California real estate speculation, so he's always been dependent on connections and politics. Halle is the Discount Tire guy and we fought a war to protect his industry's access to natural resources. The rest are spoiled rich kids who have spent their idle lives burning up cash on pointless pursuits and doing as much damage as possible to the culture and the country. They are poster children for why the estate (inheritance) tax should not only be revived but should be returned to its original purpose. One of that tax's greatest proponents, Teddy Roosevelt, said, "Inherited economic power is as inconsistent with the ideals of this generation as inherited political power was inconsistent with the ideals of the generation which established our Government.''

Obviously, from the evidence provided by this Forbe's article, not only is "idleness the root of mischief," but it inspires some pretty stupid personal habits, too. Reinstating the 50% top income tax bracket and at least the 15% estate tax bracket for estates over $1-2 million would go a long way toward re-balancing the nation's debt and restoring economic fairness in the country.

Call it "class warfare." I'm good with that. There is a reason these rich assholes barricade themselves in their "members only" compounds. They've been at war with working people for centuries. They fire their weapons in every election, in every tax bill, every time they close a factory, pollute a community and abandon it, and every time they take our tax money and ship it to some 3rd world country where they build factories, mines, steal natural resources, and begin the cycle again. Anyone too dumb to figure that out is too dumb to have a job.

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