When the Super-Rich Cry, "Class Warfare!"

[Donnachaidh]

http://truthout.com/when-super-rich-cry-class-warfare/1311945868

I ran into my friend Jeff Madrick a few weeks ago. Like a rabbit out of a hat, or so it seemed, he whipped from his coat a copy of his new book, "Age of Greed."

He gave the book to me and I'm grateful. It's a compelling and worthy read. Jeff's an able journalist, an excellent and cogent storyteller in a field that often defies the straightforward plot or easy explanation - economics.

The book's subtitle says it all: "The Triumph of Finance and the Decline of America, 1970 to the Present," an ongoing saga of avarice told through profiles of the men who confidently strode forth and marched us smack into the middle of our current fiscal nightmare.

Milton Friedman, Richard Nixon, Ivan Boesky, Ronald Reagan, Michael Milken, Alan Greenspan, Ken Lay, Walter Wriston of Citicorp and Sandy Weill of Citigroup, Lehman Brothers' Richard Fuld - they're all here and more, presidents and economists, CEO's and masters of the universe, a veritable Murderers' Row of the rich and frequently reckless.

More at the link --

[Vanje]

1. Class Warfare.

I'm all for it.
We out number them.

We did not start this.
Its time.
Bring it.
I'm in.

[AndyTiedye]

6. The Class Warfare They're Bringing on is the Poor vs. the Middle Class

They'll be off in the Caymans watching the mayhem on satellite.

[Vanje]

9. Then count me in with the poor

Time for the middle to choose up sides.

[napoleon_in_rags]

12. There's still a middle class? nt

[Snarkoleptic]

2. It's only called class warfare when we fight back.

[aquart]

3. No man should be so rich he has nothing left to buy but his government.

Tax the rich or take a hike.

[Jchiang123]

4. ...

I support a negative income tax!

[Vanje]

10. What is a negative income tax?

[Octafish]

5. That ''Murderers' Row'' is the BFEE

Thanks to their government "service," they've managed to steal about all that can be carried out of the Treasury.

[Vanje]

11. The Bush's are out of there,

Thank God!
Yet the stealing continues.

[Jim Warren]

13. Out of the limelight

but that's when they do the most stealing.

[Jim Warren]

7. What's the Al Franken bit

Fourteenth Century France, the scene where the serfs, tired of being downtrodden, scale the walls of the lord’s castle, capture him, kill him, roast him on a spit, and then make his wife eat his flesh.....in front of her children.......now THAT'S class warfare!

[muntrv]

8. Who started the war?