Bloomberg and the 1%

Reader comment on: Bloomberg on the Budget Deal

Submitted by Harry Binswanger (United States), Aug 3, 2011 18:18

Outstanding analysis of the "1% control the wealth" canard. As you say, each of these men control only their own wealth, the money they have earned by creating value.

It's either/or: either the individualist ethics of "earn your own way" or the collectivist one of: "society owns everything--including me."

We are neither our borther's keeper nor to be kept by our brothers. Each man's life is his own.


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Other reader comments on this item

Title By Date
⇒ Bloomberg and the 1% [68 words]Harry BinswangerAug 3, 2011 18:18
My tax suggestion which will never happen.
[w/response] [148 words]
LyleAug 3, 2011 00:00
non-correlation [68 words]John GillisAug 2, 2011 17:51
your suggestion is moronic [72 words]northforkinvestorAug 2, 2011 17:11

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