[Puppage]

they don't come any smarter than Barney Frank

Or, gayer.

[nmh]

If Barney was sooo smart, he wouldn't be "gay". That defies mere common sense.

[raloxk]

"His proposal is to tax some of the wealth the private sector is now producing so abundantly -- "a fairly small percentage," he said, without being specific -- "and use it to employ people on socially useful purposes.""

This is nothing short of out and out communism

[raloxk]

"As Frank acknowledged, this whole approach smacks "to some extent (of) the New Deal philosophy.""

FDR never taxed wealth. This is Marxism pur and simple.


When you tax something, you get less of it. We will get less wealth if we tax wealth.

you think the savings rate is bad now. Just wait till people, who have low incomes but high wealth, face a tax on their wealth. I will personally move my wealth out of the country if it the principal is going ot be taxed.

[BenLurkin]

Frank is a person of astonishingly poor judgment and abysmal character. Why would anyone go to him for advice on anything?

[jpsb]

Ain't globalism and "free trade" wonderful. This is where yall marxists free traders are taking us.