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View Diary: Give Me One Good Reason Why The Rich Should Pay Higher Taxes (214 comments)

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  •  When there's more money in side bets than in the (3+ / 0-)
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    Ahianne, Mad Season, DawnN

    real race, you know you have a problem.

    The shadow banking derivatives market had more money in it than all the public exhanges combined.

    That was money making money off of money, not invested to produce anything of real value.

    It's 'redistribution' whether it happens before or after the money is made and whether it goes up to a small group or down to a larger one.

    by Into The Woods on Thu May 13, 2010 at 06:19:47 PM PDT

    [ Parent ]

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