Wednesday 28 September 2011

World War 3

This is something I've had rattling around in my head, probably since the huge bailouts occurred in the US way back in 08. To me it's clear World War 3 is well and truly under way and thankfully for all of us, it's financial and not a physical war of blood and bullets.


The irony is, America, a country that, regardless of what anyone tries to say, has been the world leader for almost a century, exporting 'American' democracy and more importantly, American culture and thinking across almost every country in the world, has almost neutered themselves as a significant force in this economic war because of the obsession to remain the world's strongest physical power.

In short - they spent all their money going to the gym and building themselves up and the other guys studied hard and saved and now have enough money to get a date with anyone they want.

And yet the arguments continue against raising the higher bracket tax rates that are at historical lows (1900-1912 excluded) - a move that would fix so much so quickly.


I understand no-one wants to pay more tax.


But with the uber wealthy coming out and declaring this is needed and what they themselves want - and with others like Gates and Buffet donating more money than anyone in history to the third world or lower socio economic groups - what is going on and who is it that is so tight fisted they aren't willing to fight/fix for the economic health of the country that made them so privileged?

   

I guess it is easier to send a young man or woman to a foreign country to risk their lives with a gun than it is to prise a dollar from the fist of a wealthy man.

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