This guy is proof positive that there is class warfare occurring in the USA. The first few times I watched his show I was wondering who actually watched it and what they took away from it. His show is for the super rich. Nothing wrong with that, except that they are spoiled, criminal, only out for themselves, and worse, sitting on the sidelines watching the rest of us go up in flames. The investor class. He uses that term. It is a show for MBA's who create create, not wealth for all of us, but wealth for the wealthy. The MBA's who invented the financial systems which were unregulated and created their wealth at our expense. Kudrow is a fraud.
There is a huge difference between an American, an honest tax paying citizen, and these selfish bastards. They talk about creating wealth as if it is good for all of us. And then they spend millions of dollars on lawyers and consultants in order to avoid their responsibility in paying their share of taxes. . So how does their acquiring wealth have a positive effect on Society? It does not. And as bad as their not paying taxes is, the thing which pisses me off even more is this sitting while Rome burns. I sort of understand what investing entails. You want to make a profit. What I mean by stating that they are spoiled is that it is the lack of investment which demands that the Government place capitol in the banks.
The investors hate this. They call it Socialism. But they wont do it and it absolutely has to be done. They won't do it because there is no guarantee that they will make loot. They want to know that there is profit in their investments. The insanity of them sitting on trillions of dollars which should be invested is beyond shameful. Itis immoral. And it is not something that Kudrow would discuss on his show. The fact is that they create the markets. They create demand for stocks and they create the losses. It is a kind of Catch 22. They grip about the Governments interference, but won't invest, creating the need for the very infusion of money they bitch about. They bitch about Fannie and Freddie but were quite happy to exploit them. They lobbied, and continue to lobby ,for the end to regulation, and bitch about the laws which were passed to make home buying easier. It seems to me that if the two concepts had coincided we would have had increased home ownership with out this nightmare. by Mike Keough
No comments:
Post a Comment