Thread: Losing Our Way
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Old 03-29-11, 11:01 AM   #8
mookiemookie
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Quote:
Originally Posted by UnderseaLcpl View Post
But mostly, I hate it because it's almost always part of an argument that is indicative of a desire to force a redistribution of wealth, which in turn requires government intervention.
Why is it acceptable then to have that top 1% take unfair advantage of a rigged political system that allows the wealth to be redistributed upwards?

The solution isn't to say "ok we're taking X% of your wealth and giving it to the poor people." That's only treating the symptom. The cure is to treat the system that allows for such a concentration of wealth to occur.

You the consumer are paying $4 and $5 a gallon for gas. Meanwhile, oil speculators at Goldman Sachs and Morgan Stanley drive the price per barrel up more and more. Traders at AIG make ridiculously stupid bets on the derivatives and credit default markets. When they blow up, who makes them whole? You the taxpayer. You pay for it with overcrowded schools because of slashed education budgets. You pay for it with 10% unemployment. You pay for it with reduced social services. All because the titans of capitalism are "too big to fail." Makes me sick.
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