Sunday, September 28, 2008

A Modest Proposal


So, where is all the money going to come from to pay for this bailout? I don't know about you, but I'm pretty tapped out these days. And our friends who took out the negative am loans in 2005 so they could afford the granite countertops and whatnot, well, they're not doin' so great, either. We could always do the Weimar Republic thing and print more money; I could get used to paying for a loaf of bread with a wheelbarrow full of Jacksons, I suppose, and I've always wanted to be a millionaire. We gotta get the money from somewhere, right? Here's an idea:



Yeah, let’s have a tax on the rich - the super rich - McCain should support a clawback tax on billionaires alone. A confiscatory one that causes the WSJ editorial page to go crazy. I bet you’d find they’re mostly Democrats and Democratic party contributors - and that would put Obama and the Democratic party in a genuine bind.

Hey, why not? If you're going to play class warfare, why not go for it? Warren Buffett is famous for being a Democrat and famous for opposing the estate tax. So why not start dismantling his estate now? He's doing pretty well - he had enough money to buy a big stake in Goldman Sachs this week. And he really doesn't need all that money he's accumulated over the years, right? Instead of investing in Goldman, why not take Warren's pile and invest it into ACORN? That was part of the plan until today, and goodness knows we wouldn't want to shortchange those guardians of liberty, now would we?

No comments: