I really wish the wealthy would get over themselves,you can't take it with you when you die.They remind me of that old Daffy Duck and Bugs Bunny Cartoon with Hassan Chop and how Daffy ends up being shrunken by the Genie and in the end he's hugging the pearl while Bugs says "Oh brother Close Sesame"So greedy.

Maybe the rich should get over themselves.

I cannot watch this pompous ass so I will take your word for it.

I do know several extremely well-off people who believe they get what they pay for and agree with Joe Biden that paying taxes is patriotic. Despite all the rabblerousing, the extra they'll pay really isn't that onerous, and a lot of them remember when they were in a much higher tax bracket. They'd be perfectly happy if taxes were to fall, but they know they're luckier than most and put country first.
Perhaps when Hume generalizes about rich people he's talking only about his cohorts in the bubble.

"...they fear a wave of inflation or hyper inflation, so the people who are voting with their money are not voting in favor of these policies."

Yhe REAL problem with that quote is of course that inflation is (in all probability) the only REAL solution to the problem that Bushco created.

The magnitude of the problem is demonstrated by the calculated debts of 150 trillion dollars in the US market. The feds have sofar thrown 0,7 trillion at it.

So its a given they hate others...

:)

Well the minority who Bret represents is a huge minority and the majority of Americans agree with the president. When will the repugs take a seat at the rear and allow the grown ups to run the business of the people.

Really, how stupid can people be? Try reducing this argument to the basic denominator.

If one person has all of the money in our country, he/she then pays all of the taxes. By Brit's reasoning, the rest of the penniless people should feel sympathy for the fact that this person pays such a disproportionate share of the tax burden.

Now extrapolate from the one and the rest of us to get a grasp of the snake oil these shysters are selling. The simple fact is, even given our progressive tax structure, you get a more even tax distribution when wealth and income are less concentrated.

I'll give the "power elite" this much though. They've framed the argument so successfully that people don't even see the obvious, that these characters want it both ways, all the wealth and income and no or low taxes to boot.

but without a middle class, you can't really call it a Democracy.

Remind me why Obama got more in campaign contributions from the ultra elite bankers and financiers than any other candidate? Did they hate him?

I doubt that's true. I'd like to see a statistic on rich people voting for Obama vs. Bush. I'm sure a lot of rich people understood the idiocy of the Bush Administration and their policies.

Brit Hume is not a credible journalist. In fact he is a pathetic liar and everything he utters needs to be scrutinized and verified.

Why the Wealthy Voted for Obama ~ The Wall Street Journal.

Nov. 5th, 2008

Among the demographic groups that helped Sen. Barack Obama cross the finish line last night were the affluent and wealthy–the very voters who could become the target of tax increases promised during Sen. Obama’s campaign.

Exit polls show Sen. Obama did best among two main wealth brackets–the bottom and the top. (The middle was split about evenly). According to the polls, Sen. Obama won 60% of the votes of those with family income of less than $50,000.

He also won 52% of the votes of those earning $200,000 or more. That compares with Sen. John McCain’s 46% showing for the same group. Sen. Obama’s showing among the affluent is about 15% better than Sen. Kerry’s did with wealthy voters four years ago.

It reminds me of an episode of 'Murphy Brown' when Murphy and the gang are talking about politics and lets face it, they were liberals, which is fine. But somewhere in the conversation she says 'As much as we want to support the president, didnt you resent having to pay more taxes?' And she's talking to other rich people. Obama and FDR are/were the same way.

I promise you though, there's not a single rich person who would trade it for being poor and when all is said and done, they get to keep more money after the taxes are paid than poor/middle class people do.

FrankenBrit is just pissed off because he's still paying his plastic surgeon for having those bolts removed from his neck.

This is what the rich just don't get. When poor people have more money to spend; it causes the economy to grow. This causes the rich to get richer. We both win. When the poor people do not have money to spend; the economy shrinks. This causes rich people to make less money.

I think this rich people aversion to the poor being taken care of is more social than economic. It makes rich people feel richer to see poor people wearing rags and begging on the streets. They can sit around at their $1000 a plate plitical luncheons and feel all high falluting; becuase, they drove by some homeless guy in their HMMWV. The poor do without in our country; becuase, it feeds the ego of the rich.

Poor Brit, has a funny name. he speaks funny and he works for FAUX NEWS. he has to speak for someone else besides his problems.

First of all Where in the world does he get that inaccurate statement about the tax rates for the American people? If all the rich people are paying all the taxes why are we having this situation? I guess I need to have Madoff do my investing!
Baby Diaper Bags

Is this actually the clip you meant to put up? I think it's the wrong clip, but nobody has actually watched it in the interests of keeping their lunch down.

Republicans behave as if this nation would completely crumble if the super rich were not coddled and soothed and given everything on their wish list on a velvet pillow. Why won't just ONE of the token "liberals" on these shows mention the fact that this country was at its most prosperous when the wealthy were paying MUCH higher taxes than they are now? How would conservative curmudgeons like Hume explain that? I don't know because they never have to.

Given the choice between an imploding economy under Republicans or more taxes under Democrats, I know where the smart money would be.

...and see how they do in any other country.

An asteroid could flatten all the homes of the rich with them inside, and the United States would continue to function quite well without them. In fact, their billions of dollars in holdings could be used to increase worker salaries.

If you want to build a better, more productive America with a stronger economy, limit the earnings of the top dogs of all companies to no more that 5 times that of the lowest paid employee. The result is a flatter pay schedule with better paid, happier, and more productive employees.

End rule by America's royalty: fire the rich from all positions of leadership, and outlaw their ability to pass on their wealth to their children. At death, all the assets of the wealthy should be added to the general revenue. Let their spoiled kids sink or swim on their own just as everyone else must.

How will America function without pig capitalists? Quite well, thank you. EVERY great advancement in the world was made by people dedicated to benefit all of humanity. Most, like Einstein, were uninterested in the accumulation of personal wealth and power.

Corporations function more efficiently when leaders from the worker class are ELECTED BY THE WORKERS. The workers are the only ones who know how to get the work done, who know how to plan for the future, and who actually CREATE WEALTH.

The ruling class are parasites and they always have been.

The rich folk have to start paying real taxes for a change. They are just going to have to forgo the beluga and settle for lumpfish.

Let's put tax cuts in terms everyone can understand:

Suppose that every day, ten men go out for dinner. The bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this:

• The first four men-the poorest-would pay nothing; The fifth would pay $1: The sixth would pay $3;The seventh $7; The eighth $12; The ninth $18.

• The tenth man-the richest-would pay $59.

• That's what they decided to do. The ten men ate dinner in the restaurant every day and seemed quite happy with the arrangement-until one day, the owner threw them a curve.

• "Since you are all such good customers," he said, "I'm going to reduce the cost of your daily meal by $20."

• So now dinner for the ten only cost $80. The group still wanted to pay their bill the way we pay our taxes.

• So the first four men were unaffected. They would still eat for free. But what about the other six-the paying customers?

• How could they divvy up the $20 windfall so that everyone would get his "fair share?"

• The six men realized that $20 divided by six is $3.33.

• But if they subtracted that from everybody's share, then the fifth man and the sixth man would end up being *paid* to eat their meal.

• So the restaurant owner suggested that it would be fair to reduce each man's bill by roughly the same amount, and he proceeded to work out the amounts each should pay.

• And so the fifth man paid nothing, the sixth pitched in $2, the seventh paid $5, the eighth paid $9, the ninth paid $12, leaving the tenth man with a bill of $52 instead of his earlier $59.

• Each of the six was better off than before. And the first four continued to eat for free.

• But once outside the restaurant, the men began to compare their savings.

• "I only got a dollar out of the $20," declared the sixth man. He pointed to the tenth. "But he got $7!" "Yeah, that's right," exclaimed the fifth man. "I only saved a dollar, too. It's unfair that he got seven times more than me!"

• "That's true!" shouted the seventh man.

• "Why should he get $7 back when I got only $2? The wealthy get all the breaks!"

• "Wait a minute," yelled the first four men in unison. "We didn't get anything at all. The system exploits the poor!"

• The nine men surrounded the tenth and beat him up.

• The next night he didn't show up for dinner, so the nine sat down and ate without him. But when it came time to pay the bill, they discovered something important. They were $52 short!

• And that, boys and girls, journalists and college instructors, is how the tax system works.

• The people who pay the highest taxes get the most benefit from a tax reduction.

• Tax them too much, attack them for being wealthy, and they just may not show up at the table anymore.