Friday, September 26, 2008

Very tough times for the super mega-rich

"I talked to one guy who had to give up his private jet recently. And he said of all the trials in his life, giving that up was the hardest thing he's ever done." - Robert Frank (h/t The Vanity Press)

45+ million Americans don't have health insurance, but we can't have universal health care because that's socialism. A few hundred Americans (or less) might have to give up their private jets and its time for a massive socialist redistribution of wealth from the taxpayer to Wall Street.

That's not to say I don't believe something is necessary to avert a finacial crisis. It's just that the current plan appears highly dubious.

No comments: