The People of the United States vs. the Rich — Full Speed Ahead. The rich are fiting back against nearly universal fury over their greed, pretending that they have choices and they can hurt us; that if we don't cave in and let them steal from the taxpayers, they will ruin the economy and crush us. Bullshit. They have NO POWER. We, the People, have all the power, including the power to tax them at 100% over $1 million income per year if we damned well please. We can audit them and find every attempt to evade taxes, then charge them treble damages and IMPRISON them, charging them as well triple the costs of keeping them in prison.
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The rich have to be slapped awake from their insane delusions. The names of at least some of the thieves who stole from AIG have now been made public by the Connecticut Attorney General. The rich pretend to be livid. They are actually terrified.
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They had better back off or we may have to go that extra step, not just running bus tours past their mansions but burning their mansions to the ground in the middle of the nite, or following the execs out of their mansions — leaving the wife and kiddies unharmed — run them off the road, grab them, and torture them to death. Maybe only violence can get thru to these bastards, that the days when they ran roughshod over everyone else are OVER. You will do what you're told, or we will KILL YOU.
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We are perilously close to violent revolution, and the rich may need to repent, or die.
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The pretense that they have choices, that they can simply sit on their money and refuse to buy stocks or "toxic assets" sold at bargain-basement prices, is an empty BLUFF. They are NOT going to sit on their money, on the sidelines, while other people buy up everything at super-cheap prices and then pass them at the speed of a rocket when the economy recovers, leaving them humiliatingly "poor" by contrast.
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There is noplace else to invest, because almost the whole of the world is suffering from the current Decession already, and if the rich were to try to make things worse here, they would as well make things worse EVERYWHERE, including those few brite spots still in existence.
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Moreover, if the Federal Government were to see unusual outflows of cash, it could simply forbid movement of OUR money — remember that every dollar has our name on it, "United States of America"; every dollar with those words on it is OURS, and would have absolutely no value whatsoever if our name were NOT on it — out of OUR country.
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As a practical matter, the rich have NO choices but to swallow their extreme pride and behave responsibly. Because if they are spiteful to us, they risk lethal rage from us. There aren't bodyguards enuf on the planet to protect them from mass rage, and many a fool has found to his dismay that bodyguards can turn on them. Remember Indira Gandhi, baby. Remember Indira Gandhi.
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Congress must not be intimidated by the rich. Crush them. Make plain that the people have all the power and the rich have nothing but what we LET them have. If we decide to make war upon them, they will have NOTHING AT ALL, not even their lives. They have NO leverage, NO power, NO rights but what we give them. They will do what they're told. There is noplace else to go, noplace else to invest. They can't take two cents out of the country without our permission, and we are under no obligation to GIVE them permission to take OUR money out of OUR country. If they want to leave with nothing, fine. Good riddance. They will find, if they try to start all over, with nothing, that they really weren't magic after all, and they will never be able to recover because they really did not "earn" or "make" their fortune after all. It was just inherited or the product of simple luck, not skill, not merit, not God's special benediction, and they cannot replicate it elsewhere. Only the conditions in the United States empowered them to become rich. Only our infrastructure and educated workforce and a culture that produces creativity and indulges risk and extraordinary reward enabled them to become rich. And every other country they might even think of living in has HIGHER TAXES than we have.
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Lest they think the United States is too "civilized" (castrated) to strike them down, let them remember that the most civilized country of Europe, France, had a Reign of Terror that sliced the heads off the rich. And where would the American rich get the idea that the United States is a nonviolent country? We have the industrialized world's highest rates of violent crime, 16,692 murders in 2005. Our culture glorifies violence. Just check the TV schedule for any given nite. The bulk of primetime on several nites a week is devoted to violent death — as entertainment!
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As for the Government, it is involved in TWO wars, which have killed hundreds of thousands of people, a minimum of 91,000 Iraqis alone, probably as many as 655,000, and perhaps as many as 1.3 million. That's only for the last six years, following the U.S. unilateral and unprovoked attack upon Iraq of 2003. In more than a decade before then, the U.S. Government caused over 500,000 more Iraqi deaths in its "sanctions regime". So the U.S. Government is perfectly comfortable with killing massive numbers of people.
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The rich have no reason to feel safe, not from the unorganized populace, not from the Government. They had better stop threatening us, and toe the line, while they are still able to move a toe. There's a saying, "A word to the wise is sufficient." The rich, however, may not be nearly so wise as they think. They may need to be beaten into submission. And there are lots of people in this country who would love to beat them — to death.
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(The current U.S. military death toll in Iraq, according to the website "Iraq Coalition Casualties", is 4,260 — for Israel.)
- posted by L. Craig Schoonmaker @ 7:33 PM