[William of Barsoom]

The Cosmic Stupididty of this kind of class warfare rhetoric is hard to over-state.

What do “rich” people do with their money? One of three things.

1) They buy things. This includes services. Boats. Expensive cars. Vacations. Houses. The things they buy are manufactured or supplied by — people. Every single damn penny spent on a yacht PAYS somebody to build it, equip it, sell it, or berth and service it.

2) They make investments. This forms capital that is used to hire people. (Where, geographically, is a different issue.) Investments fund the true source of employment: business. Some investments go to mortgage funds, some to stocks, but it all goes somewhere to go to work and earn the investor even more from return. Rush often says poor people don’t create employment for others.

3) Some very few probably have a giant vault, like Scrooge McDuck, where they hoard their money, and push it around with a small ‘dozer like Scrooge does. But these people are very rare in real life, and mostly exist only in the dim concepts of liberals.

W of B

[left that other site]

Kudos to your Very Excellent Post, William!

I love the reference to Scrooge McDuck! LOL.