[quote=CA renter]
I’m talking about the fund managers and BIG-time, well-connected people who’ve never or rarely earned money via labor in their lives. These are the people who have direct access to politicians and can lobby on behalf of their own interests. I’m also referring to the amount of leverage these people use to move markets and funnel ever more money into their own accounts. People who use other peoples’ money to make money, yet take on none of the risks.[/quote]
….So there are NO fund managers that ever earned an honest day’s labor in their life? All of them had a silver spoon, and all of them, because their sheer business is to use other people’s money to turn a buck, is not considered “honest work”?
Again, I’m not sure how one would draw a line between “mom and pop” versus a sneeky bastard fund manager that deserves to get taxed at 99%….
