AMEN!!! Been a long time coming! In case you don't get that, its a tax! And it is a wealth tax! It is a tax on having cash and money. And hopefully it is a graduated negative tax whereby those who have the most cash face the highest negative interest rate!!! Hee, hee, hee. But look out the repercussion could be island in the sky stock prices followed by a crash or more ideas that violate the rights of those who have little money in the first place. And the small fellow can avoid that by put his coin in a concrete hole in the basement.
But the super wealthy don't have that exact same option; as we are not really on the Gold standard. That fixed income market has defied clean energy and a healthy planet in every single conceivable way! Those who made money and hoarded it didn't earn it because if they had they could have reinvested it per the same skill as they earned and spread economic opportunity. We need to do this in the United States too! The higher the balance the higher the negative interest rate! Call it the money shaker!!!!
Thomas Paul Murphy
Originally published on 06 06 2014 at: www.themilwaukeeandwisconsinnews.blogspot.com
Copyright 2014 Thomas Paul Murphy