Eat The Rich – The Solution to Our Money Problems!?

eat the richNo doubt you’re aware of the huge fiscal problems we face today as a nation, namely the debt ceiling that needs to be rolled over by Aug 2 to avoid a US default.  It’s a pretty serious situation, yet more than likely our politicians will surely find some way to kick the can down the road while promising us at the 11th hour that they’ve come up with a plan that will save trillions of dollars (…over ten years or something, by which time the next group of elected politicians will likely come up with a new scheme and undo the previous legislation…).

But let’s take a look at one solution proposed out there that seems to be gaining popularity in certain parts of the country: to just Eat The Rich!

Eat The Rich!

Why not just let the Rich solve the problem?  They’ve got so much money, and assets and income, let them (er, make them) pay their fair share, let’s even it out so everyone’s equal, right?  Just raise taxes on all those greedy big corporations and those rich Americans and that will solve ALL our problems and we can get back to living our lives, keep all our entitlements that we are owed and were promised…right?

Watch the following clip to see exactly how that could be done and whether it would achieve the intended result… (I skipped the beginning of the video to try to keep politics out of it)

Food for thought…

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6 Comments

  • kerwin says:

    I always wanted to go to a third world country, but thanks to Obama I don’t even need to move. 🙂

    • LOL! …Obama’s part of it, but you have to also credit Congress, both the House and Senate, the Federal Reserve and several others. No one person or administration could get us to where we are today or where we’re headed, but I agree it appears we are headed that way unless drastic action is taken (instead of just trying to kick the can down the road)…

  • Perry A Davis Jr@Network Marketing Nut and Bolts says:

    Hello Hans

    When discussing economics, it is much more valuable to relate facts than to express emotions–whether positive or negative. Politicians and others have used the hate the rich emotion until most people cannot see the facts. People need to watch this video for an illustration of why Eating The Rich is not the answer. Another problem with hating the rich is what it does to those who are hating the rich.

    Thanks

    Perry A Davis Jr
    Music City.

  • Hi Hans, well you certainly got my attention with your creative article title! Thanks for the information as well … I’m not one of those people who feels everything should be dumped in the collective laps of the rich, but there certainly are plenty of people who do subscribe to that belief. I just hope all those people who are feeling so frustrated with our congress at this moment will remember this when it comes time to vote!

    • Hey Marty, LOL. This crisis didn’t happen overnight and the solution isn’t going to happen overnight either. More than anything I wanted to get the point across that again, relying on the government for bailouts or handouts is not wise (just look at the mess we’re in today). Pointing fingers or blaming one group or another won’t solve the problem either. My suggestion is to take action and create wealth for yourself today, because the politicians are more concerned with their OWN unemployment rate than the national unemployment rate at the end of the day…