Socialist?

Originally posted by normbenign
Neat aphoristic sophism.

And were it true, and it may be in some cases, what is the solution? If risk is sometimes eliminated for those at the top, does that infer that risk ought to be eliminated altogether? Or is it likely destructive to eliminate risk at any level?

I think it came out of a discussion of the banking system, where so many of the loans are guaranteed federally, but the bankers collect the profit anyway while we all bear the risk.

Originally posted by normbenign
"So Buffett has called to raise taxes on the rich because he thinks the government will squander it?"

I'm watching what he says and does. He's said he doesn't want to leave his money to his kids. He's not so different from other do gooders. Nobody ever says "tax me more". Nor do they just give their money willingly to the IRS.

Feel free to add ...[text shortened]... someone else to pay more. How about the simple notion of the government spending less.

"Nobody ever says "tax me more"."

Warren Buffett said exactly that. Where have you been?

Originally posted by USArmyParatrooper
"Nobody ever says "tax me more"."

Warren Buffett said exactly that. Where have you been?

norm is living off your work and the violence done to you to capture his daily bread. He doesn't have to pay attention - he gets paid.