Sunday, March 31, 2013

Defeating Useless Rich People

The truth is that very very few rich people actually earned  - and by that I mean working at a job that leaves you physically exhausted at the end of the day, the kind of job the 99 percent do - the money they have.  If they didn't inherit it, they got it as "rentiers" which is just a fancy word for sitting back and eating bon-bons while the interest and dividends from your investments roll in.
And by "investments" I mean exploiting working people, eliminating their jobs, stealing their homes.

From Firedoglake:
How does society rid itself of “useless rich people”, the Rentiers?  Raising “capital gains taxes on rentiers”  and extending “public ownership to today’s out-of-control, predatory rentiers in higher education, health care, and–most of all–finance.”
 People who don't work and are poor are a problem society needs to solve.  But people who don't work but are rich are an abomination society must eliminate.

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