(428) PAPER PARACHUTES

Gold is down $50 per once this morning, which means that the public would rather have green paper than a commodity that has intrinsic value.

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I received an interesting email entitled, “Eat the Rich.” The person posting the email said that if we took not just the taxes, but all of the assets of everyone who made more than $250,000 a year, that would run the government for about 90 days. That brings up the philosophical question about who I would rather have the money. Someone is rich, puts it in the bank, and other people get to use it. People who are rich make investments and other people get to use it. They buy cars, expensive houses, expensive clothes, they invest in businesses. All of these things promote the economy of the United States. The alternative is to turn it over to the government and let them invest it in war, the Department of Education, and other incredibly stupid government programs.

Life is good. Have some fun!

Respectfully submitted,
Donald M. Heavrin,
A concerned Citizen