Just to start, I'm a huge fan. you have this impressive ability to get 2 people(or more) together and have what seems like a civilized debate it's impressive.
The reason I write this is to bring to light how absolutely offended I was when there was a clear line between "investor class" people, and guys just suffering working at the local gas station, or walmart, or best buy. And the super elite investor class of our society. I have no doubt you are out of touch with the "Peons" and "Untouchables" of this economy, that you try and carry the banner for.
As you tow the line for the Uberclass, those people making 95 percent of the money in this economy, and who are just tragically offended to have to pay 80% of the taxes. I hate to inform you that those taxes provide the infrastructure ... The decaying infrastructure, of this country. That allows commerce to happen, that the "uberclass" profit from. Those taxes and debts we wrack up provide you with a war, to protect the oil interests of this country. I find it unpatriotic that you refuse to pay your fair share of the taxes in this economy.
As Leeches sucking the life blood of their host, the Uberclass needs to wake up to the realities of this economy. YOU CAN ONLY SUCK SO MUCH BLOOD, BEFORE THE HOST AND THE LEACH DIE. Those Peons, and untouchables, working at Fudruckers, and best buy, and who languish inside as you quickly have your gas tank filled without the uncomfortable confrontation, with the reality of this economy. Those people making 5% of the wealth paying 20% of the taxes.....(honestly I'm being dramatic.. what is it the uberclass make 90% and pay 80%. and the peons have 10% of the wealth and pay 20%)... Regardless, one group is paying 8/9 as a ratio and the others are paying 2/1. I know your a smart man, and know this, Know that one group is paying as a percentage of their income over 2x as much in taxes as the uber class, and this doesn't even get into sales tax. I know you are aware of this, and you continue to perpetuate and try and increase the imbalance. As people go day to day without insurance, barley able to own a home. Stupidly leverage themselves to the bone. You are there to Leach the Remaining Blood from their system, I know you are aware of this, and honestly you just don't care.
Unfortunately, this will hopefully end over the next 10 years, and the underclass has been squeezed and will start fighting back, As you push them into inner city squall er, and servitude to their corporate masters. You will force them to escalate into increased violence which will infest our cities, and make America, the ugliest story never told. Their children unable to get reasonable health care, as they bleed and die in the streets. I know, I'll hold you responsible, As Europe and asia, surpass us in their ability to be civilized, and give us the ass whooping we need. So that you can learn the lesson, that the Lifeblood and engine of our economy are the little worker Bees, that show up and go to work every day, and deserve a decent paycheck and some security in both their retirement, and day to day quality of life.
It's morons like you that do, and have pushed this economy off a cliff(again), with your tax cut, self serving crap. sometimes I wonder if it's all on purpose. Do you laugh about it in your private moments? As the Right wing of this country Tax the country into massive debt, and place the squeeze on the poor. Leaving the mess for better people to clean up. It's childlike behavior, if you don't realize.
Didn't your parents hug you enough as a child?
It's time for Goldylocks to die, hopefully to be reborn, something new, something real. something that will feed and cloth the families in this economy. She was Broken and cancerous, from birth, never really had a chance, we should have put her down at birth.
The first decade of the 21st century was the economy of the......."housing bust"
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Tuesday, October 23, 2007
Dear Larry Kudlow
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