[PGR88]

Most of the Federal Gov’t and certainly the Federal Reserve, are Robin-Hoods-in-Reverse.

They steal from the poor, in terms of job killing regs and programs, inflation that doesn’t keep up with wages, negative interest for savers, and give to the rich, in the form of bailouts, TARP, asset inflation and QE1 and QE2.

[dfwgator]

They steal from the poor,...and give to the rich

Stupid Bitch!

[greeneyes]

“Most of the Federal Gov’t and certainly the Federal Reserve, are Robin-Hoods-in-Reverse.

They steal from the poor, in terms of job killing regs and programs, inflation that doesn’t keep up with wages, negative interest for savers, and give to the rich, in the form of bailouts, TARP, asset inflation and QE1 and QE2”

Yes they do - a concise description is “take from the needy and give to the greedy

[Presbyterian Reporter]

Most of the Federal Gov’t and certainly the Federal Reserve, are Robin-Hoods-in-Reverse.

They steal from the poor, in terms of job killing regs and programs, inflation that doesn’t keep up with wages, negative interest for savers, and give to the rich, in the form of bailouts, TARP, asset inflation and QE1 and QE2.

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I agree. Just think of all the folks with marginal incomes that were encouraged by Congress and Fannie/Freddie Mae to buy a house with 110% mortgages only to lose the house few months later.

The Federal Government likes to blame the banks for the housing fiasco, but if the Feds had not sponsored it there would have been no bubble.

[Thane_Banquo]

Most of the Federal Gov’t and certainly the Federal Reserve, are Robin-Hoods-in-Reverse.

This is intentional. The more poor people there are who depend on government, the more votes the Ruling Class gets. This was one of the driving ideas behind FDR's Screw Deal.

[Son House]

Yes, Opportunity Cost, high taxes(and more regulation) are taking the job opportunities out of the market