Let’s talk about the rich, shall we? How DO they get that way? Is it just hard work? Haven’t we been told that in America, if you work hard, you will be rewarded? If that’s the case, why is it that most of our politicians are not only rich, they are getting richer? They hardly work at all. When was the last time Nancy Pelosi invented or produced anything?
What happened here?
According to Joseph E. Stiglitz of Vanity Fair;
Virtually all U.S. Senators, and most of the House of the representatives, are members of the top 1 percent when they arrive, are kept in office by money from the top 1 percent, and know that if they serve the top 1 percent well they will be rewarded by the top 1 percent when they leave office. By and large, the key executive-branch policymakers on trade and economic policy also come from the top 1 percent. It should not make jaws drop that a tax bill cannot emerge from Congress unless big tax cuts are put in place for the wealthy. Given the power of the top 1 percent, this is the way you would expect the system to work.
So, it seems we have two sides of greed: good greed, and bad greed. How do you tell the difference? I have an easy answer: If they are plundering, not producing, they are bad.
Long ago, when mankind first came out of the sand holes of Afghanistan, the only way to get rich…was to plunder and steal, and that’s exactly what Machmud of Ghazni did. (see picture) He built an army, and plundered his way around Afghanistan. He burnt all the villages down, stole their crops, and made himself King. Then he built himself some really spectacular palaces, and if you were really nice and he liked you, he’d throw pearls in your mouth.
Machmud wasn’t interested in occupying the countries he invaded, he just taxed his own country to death to pay for his plundering escapades.
I’m sure they really appreciated that.
In the city of Kanauj, India, in the year 1010, his army murdered all the inhabitants, destroyed 10,000 temples, pocketed gold, silver and jewels and captured 55,000 slaves and 350 elephants.
The malicious act of plundering hasn’t gone away, has it? Men still love to plunder..and the politicians have made it into a work of art.
Barack Mahmud Hussein Obama (probably a direct descendant of Machmud on his father’s side )— a man whose own Presidential reelection will cost over one billion dollars in 2012, wants to plunder the rich. After all, the poor are being taxed to fight the wars, which are now being fought, we are told, to spread “Democracy, Freedom, and McDonalds.” We are so much in debt that, as the saying goes, you can’t get ketchup out of a cotton candy, so Obama wants to go after the gold, silver and capital gains tax of the rich.
From The Rich Times:
Mrs. Jobs is likely to pay $1 Billion in estate taxes after the passing away of Steve Jobs. He had already put shares that he owned in Apple ($2.05 billion) and Disney (worth $4.74 billion) in a trust in order to avoid probate taxes. If Apple’s late co- founder left his estate to his wife, Laurene Powell Jobs, the family won’t be liable for the 35 percent estate tax until she dies or gives money to others, according to estate planners.
If Powell had decided to stick with the stock then she may even have been taxed on the 3.8 percent levy that the American government is planning on unearned gains. Under U.S. law, the trust can sell the shares and incur taxes only on the appreciation since Jobs’ death — a gain of about $338 million. If Jobs had died in 2010, when there was no estate tax, his heirs would have faced the capital gains tax on his entire investment profit if they had sold. That provision lapsed in 2011 when the estate tax was reinstated.
Nobody Knows what her readers think about this, but it seems, if a man makes a product, that is a benefit to the world, he should be able to pass his wealth on to his children.
The politicians as we have learned are becoming billionaires in office, working with the top 1 percent, affecting laws, and getting knowledge of insider trading. They are not good greedy producers, but bad greedy plunderers. Our personal Congressional/Presidential Machmud has merged with Goldman Sachs, Freddie and Fannie, and the Federal Reserve, and has managed to plunder the whole world of untold trillions.
Machmud would have thrown pearls into all their mouths, and then..
Nobody Thinks we should open his mouth, and look for pearls.