Beat the Press points out that Occupy Wall Street is against the redistribution that has already taken place. David Brooks wants to brand the movement as some form of socialist redristributionists but they are responding to changes in the laws that have made it ever more difficult for Americans to become educated, employed or secure in any financial sense.
They don’t want the rich’s money. They just don’t want the rich continuing to take theirs.
But this kind of criticism will continue. Every kind of calumny and insult will be directed against these Americans who dare to ask the questions that so many of those in power wish never to answer.
Best paragraph –
The country has been seeing enormous redistribution over the last three decades, but it has all been in an upward direction. For example, the government gave trillions of dollars of below market interest rate loans to the largest banks to save them from collapse. The big banks continue to benefit from a too big to fail subsidy.
- David Brooks: To Hell With the Polls! President Obama Should Not Campaign on Raising Taxes on the Rich (crooksandliars.com)
- Political Super Genius, David Brooks, Has Advice for Obama (crooksandliars.com)
- How the 1% got richer, while the 99% got poorer | Richard Wolff (guardian.co.uk)
- Rangel wants wealth redistribution, says rich didn’t sacrifice for war (gunnyg.wordpress.com)