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The Wealthy are "Getting Ready" Print E-mail
Written by Jeff Koopersmith   
Friday, 04 December 2009
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I fear the only way to stop this from happening is to do something about it.

We have to ask the question – “How much is too much?” – and we must also answer it within the rule of law.

Most important, we have to do this together, not one against the other. It’s not the Democrats and the Republicans that can be trusted to look at some new way of being – it’s the poorest and the richest of us that must sit down and draw up a new set of rules that takes our natural greed into account and keeps that itch under control without destroying anyone’s chance to someday, by luck or not, to own that beautiful house, that wonderful car, and parent those well-educated healthy kids.

This is a tall order – but one that must be addressed, and soon.

If not, then I advise us all: Go out and arm yourselves to the teeth for the end is near.

Don’t believe me?

Well take the word of Henry “Hank” Paulson – one of the richest of us: “Henry Paulson who was the U.S. Treasury Secretary during the bailout and a former CEO of Goldman Sachs, told the Congress last year:

“People “were unhappy with the big discrepancies in wealth, but they at least believed in the system and in some form of market-driven capitalism. But if we had a complete meltdown, it could lead to people questioning the basis of the system.”

Now you know what Paulson meant by “questioning the basis of the system” – and now you know how terrible this could be and why our “basis” needs a bit of adjusting.

I hope that somewhere, just people, not politicians with competing pressures, representing all walks of life, all classes, and all financial gradations can come together and talk about what I pose here today.

Is there anyone out there who will take that chance?



 
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