re: #40 Obdicut

Yes, some companies do make money off of poor people. Like predatory lenders—who advertise like crazy on late night TV.

But we are talking stratospheric wealth here. I read this morning that the one percent is defined by a minimum of 30 million in assets. Yes, some owners of multiple franchises, car dealers, and so on are in that club. And like I said, if you want to tax them, they won’t care. Maybe they’ll have a tantrum, but life will go on as usual.

However, that money will only help the government and its debt problems. It will not bring about institutional change—which is what I think people really want.

In that stratosphere, they are not thinking about making 1 dollar profit a million times, they are thinking about making a million dollar profit once. Like I said, I have a friend in that club. To him, 30,000 bucks is pocket change. I know this because he once pulled out a wad of 30,000 bucks from his pocket, just to show me that I didn’t have to pay for dinner.

It’s a different world.