Friday, January 30, 2009

Redistribute, Baby, Redistribute!

Here's how the Yahoo News Feeder appears right now:

• Economy shrinks 3.8 percent; biggest drop in almost 27 years
• Exxon Mobil breaks its own record with $45.2 billion profit
• Obama slams $18 billion in Wall Street bonuses as 'shameful'

Where's the headline saying,
"The rich are STILL getting richer. Those poor assholes who are now unemployed or underemployed? Hold on! We'll just throw money around until something sticks. Remain calm and please don't kill yourself and your entire family."

So many folks seem to worship Reagan. Isn't he the guy who made trickle down economics famous by cutting taxes for the wealthiest few? See how that's been working for our society? Not so much.

The argument that these rich folks work hard for their vast amounts of wealth is bullshit. Somehow I don't think that if you matched up these fat cat Exxon Mobil executives with a blue collar worker you'd say the former is busting his ass so hard he needs to be compensated millions. Sure, these execs have stress. Stress is relative though. They might be stressed because that Eames armchair doesn't come in powder blue to color coordinate with their house in the Hamptons. The blue collar worker is afraid his sick wife won't be able to go to the doctor because he can't afford the copay AND groceries for the week. Different kinds of stress, don't you think?

Saying this greed is shameful is like saying filling a cavity without Novocaine hurts for a second. Woefully inadequate for the severity of the situation. How about some real reform? How about doing away with tax cuts and tax loopholes for the billionaires - not just admonishing them. Take back these fat cat bonuses and use that money to stimulate the economy. Distribute it to those who have nothing but work their asses off. No one should have more than they can use in a lifetime while so many struggle to survive.

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