By John Galt
August 16, 2011 – 18:05 ET
From today’s Marketwatch.com commentary section (click on the title to read the full story):
Tax the Super-Rich or Riots will rage in 2012
- Commentary by Paul B Farrell
SAN LUIS OBISPO, Calif. (MarketWatch) — What a year. Rage in London, Egypt, Athens, Damascus. All real. Just a metaphor in the new “Planet of the Apes” film? No, much more. Warning: More rage is dead ahead. Across our planet a new generation is filled with rage. High unemployment. Raging inflation. Dreams lost. Hope gone. While the super -rich get richer and richer.
Listen to that hissing: The fuse is rapidly burning, warning us. Wake up before the rage explodes in your face. This firestorm is endangering America’s future. From forces outside, yes. But far more deadly, from deep within our collective psyche. We have lost our moral compass. We are self-destructing.
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Strong, sobering, and probably true. The class baiting is back in style. It will not pay to be or act as one with wealth soon. I shall dispel this liberal tripe on my radio show tonight.
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