I can understand wanting to have millions of dollars, there’s a certain freedom, meaningful freedom, that comes with that. But once you get much beyond that, I have to tell you, it’s the same hamburger…But being ambitious is good. You just have to pick what you enjoy doing.
Bill Gates, speaking at University of Washington, responding to a student who asked him what she can do to be rich like he is.
There’s even an absence of anger in our President, which I think would be appropriate for him to get angry with the way things have gone. There’s nothing wrong with standing up and saying ‘this is bullsh*t!’ Right? ‘I inherited a mess. I’m trying to clean it up and I need your help.’ There’s nothing wrong with saying that. Liberals …shouldn’t let the conservatives co-opt all of the anger in the system.
Wall Street’s Masters of the Universe realize, deep down, how morally indefensible their position is. They’re not John Galt; they’re not even Steve Jobs. They’re people who got rich by peddling complex financial schemes that, far from delivering clear benefits to the American people, helped push us into a crisis whose aftereffects continue to blight the lives of tens of millions of their fellow citizens. Yet they have paid no price. Their institutions were bailed out by taxpayers, with few strings attached. They continue to benefit from explicit and implicit federal guarantees — basically, they’re still in a game of heads they win, tails taxpayers lose. And they benefit from tax loopholes that in many cases have people with multimillion-dollar incomes paying lower rates than middle-class families. This special treatment can’t bear close scrutiny — and therefore, as they see it, there must be no close scrutiny. Anyone who points out the obvious, no matter how calmly and moderately, must be demonized and driven from the stage.
Brilliant mashup describing the economic course of Wall Street vs. Main Street over the last 25 years. via @ilovecharts:
From Christopher Niemann’s Abstract City
via Ian Paschal


