tag:blogger.com,1999:blog-3931269760908993594.post8337054567514657212..comments2014-04-24T06:08:31.249-04:00Comments on Rant in C Major: Fuck the Rich*Albert Blu Cirrushttp://www.blogger.com/profile/06417993239548927765noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3931269760908993594.post-35895214736257497302010-12-13T20:31:52.314-05:002010-12-13T20:31:52.314-05:00Finally, a comment not from my usual troll and unl...Finally, a comment not from my usual troll and unlike him, thank you for replying decently.<br /><br />But assuming you are the J Todd in the letter I found on Malkintented's blog, you are mistaken dude. <br /><br />First off, you can't convince me in a million years that there is a single job that can elevate someone from poor to a billionaire without some sort of luck or loophole advantage either provided by family, the government, or fellow rich people in business friendly thinktanks to get them there. You also can't tell me that rich are rich because they are hard working, every blue-collar worker in the world would be rich if that were true. But they won't get paid that amount and it's the workers and the unions that deserve most the thanks for the good things in this country.<br /><br />People make and invent stuff usually for altruistic reasons, not "pursuit of wealth." If they happen to get rich, it is only a side effect of making the world a better place. Also, they are helped along by government patents to make themselves wealthy. <br /><br />When they invent something, they are exploring truth, science, and reality, they only made the discovery. Thomas Edison isn't famous for being rich, he's famous for being an inventer (plus he also "stole" some ideas from others). In a way, an invention belongs collectively to all mankind. To generically credit the rich for this kind of corrupts the common good and to credit the rich as a whole means you are crediting greedy people too. These people like I said got lucky, inhereted money, or gambled on Wallstreet, they are rich because they are lazy. With or without the inventers, the rich as a whole make excuses for their arrogance and greed. Most of them don't deserve thanks, but deserve to be spat on.<br /><br />I've read those stats and they mean nothing. The rich are still getting richer at morbid rates and we are heading towards an Aristocracy. Despite anything you say, the tax rate deserves to be returned to 70% for the top 1%.<br /><br />As for the "shithead" remark. I won't add to the insults, but I won't apologize. When someone writes a column titled "Thank the Rich" and then reveals themselves as one of the rich they are thanking, I can't help but to "jump to conclusions."Albert Blu Cirrushttps://www.blogger.com/profile/06417993239548927765noreply@blogger.comtag:blogger.com,1999:blog-3931269760908993594.post-83698705726298776062010-12-13T16:13:24.886-05:002010-12-13T16:13:24.886-05:00Thank you for elevating me to "shithead"...Thank you for elevating me to "shithead" status. I'm honored that my letter merited a mention on your blog. A couple points of clarification: "most" rich people are not rich due to "luck"; Over 80% of the rich become rich during their lifetime; they go from poor to rich during their working years. The majority of those create businesses that sell products or services to willing customers. We have MRI machines, cancer drugs, and air travel due to the pursuit of wealth. While everyone wants to complain about how little the rich pay in taxes, the simple math is startling. The top 10% pay 70% of all taxes collected (the top 1% pay 40%). The bottom 50% pay 2.3%. Thanks for listening.J Todd Larson, CFAhttps://www.blogger.com/profile/09017467758175750703noreply@blogger.com