Never before in all our history have these forces been so united against one candidate as they stand today. They are unanimous in their hate for me and I welcome their hatred.-FDR

Thursday, August 5, 2010

Billionaire Philanthropy will not Save Us

While this sounds nice on its surface, it's can't cover up economic pornography.

Dozens of U.S. billionaires pledged on Wednesday to give at least 50 percent of their fortunes to charity as part of a philanthropic campaign by two of the world's richest men -- Warren Buffett and Bill Gates.

Isn't that nice. But if you think about it, the reason why they are billionaires in the first place is because they don't spread the fucking money around in the first place. The richest have had the least amount of taxes in generations, so they will continue to get richer until the tax code improves. Also, if you think about it, without the help of the government, nobody could ever gain the amount of wealth in a lifetime. This is especially true for people who sit around and don't even break a sweat.

Of course to be fair, dozens is a lot of people...until you read this:

Forbes said the United States is home to 403 billionaires, the most of any country.


So this half-assed measure is even half-assed. The poor and middle class will continue to suffer without some massive government-mandated redistribution method that includes taxing the levitating crap out of these billionaires. That is the only peaceful way of doing it because people don't stay hungry for long and will take the money by force if they have to, and charitable giving will only delay the revolution a few years.

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