Thursday, August 9, 2012

Rich Have Offshored Their Wealth -- Scumney, Too?

By Manifesto Joe

We live in a time in which ordinary people are being told to expect far, far less. Social Security isn't even a given, nor is Medicare. And yet, now we hear this:

Super Rich Holding $21 Trillion Overseas to Avoid Taxation

Here's the link. That number is "conservative" -- the actual one could run as high as $32 trillion.

This not only comes at a time like this for America -- EU countries are in a bind, too.

I have a "conservative" friend who once made a reference about "money we don't have." Bullshit. Fucking BULLSHIT. It's there, and we KNOW who has it. They are hiding it in places like the Cayman Islands.

Is Slick Willard one of them? We can only guess. Why won't he release his tax records?

The era of "responsible capitalism" is over

It would appear that the only thing that forced that situation was the international challenge of socialism. Granted, socialism didn't hold up well, for reasons that don't have to be enumerated. But when faced with something like an international challenge, "capitalists" had to behave more responsibly.

Karl Marx was certainly wrong about a lot of things. But one thing he predicted was that, despite myriad attempts to "reform" capitalism, it would always revert back to its original, brutal form. It's looking like Karl was right about that one.

So, what to do now?

Revolutions don't generally turn out well, when you look at history. I can't say that I would recommend them. But if there isn't some kind of serious turnaround in Western societies within the next decade -- well, something else dramatic will have to happen. If it doesn't, we will be walking around as plutocrat trolls for the next couple of centuries. The plutocracy has the technology to commit this atrocity, unless we the people prevent it.

Manifesto Joe Is An Underground Writer Living In Texas.

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