THE MORE IT CHANGES, THE MORE IT STAYS THE SAME.

CORRUPTION IN THE USA GOES ON UNABATED.

There is no excuse for allowing private equity partners and hedge fund managers and other money manipulators the lowest tax rate in the country. They are the richest people, and they put more of their money outside in tax paradises, for further tax evasion.

The explanation for letting this ongoing outrage keeping going on seems simply to be that, the day after his election, Mr. Obama worked from a hedge fund office (as reported by the New York Times). If Mr. Obama has another explanation, we are all ears. Saying that the richest stimulate the economy the more is counter factual: they save and export their money, while the poor spends it all. And it is not just Mr. Obama, it's general.

Mr. Rahm Emanuel, somebody without mathematical, scientific or economic background, just a "Master in Speech", took a two year paid vacation from the US Congress. A "leading global investment bank" called him an investment banker, and gave him 16.2 million dollar. Now he is called a wealthy philanthropist good enough for helping us by volunteering in the White House. In some big European countries, a judicial inquiry on him would start right away. But in the USA, it's change you can believe in, because it brings a huge amount of cash. Call that change you can cash in.

To believe that, by being nice to the rich, money will be nice to us, and come our way, is magical thinking. But magical thinking is cool in the USA.

It is true that a maximal infrastructure trillion dollar package has to be put in place, but, at the same time, deficits should be mitigated. That is all the more fruitful if bad, dangerous, unpatriotic, unwise habits can be discouraged. Taxing the rich, carbon and consumption of non necessary items is the solution that kills these two birds with one stone. That is what is done, all over Europe. It is working. The big European countries are barely slowing down.

Now, of course, the future tremendous salaries of Rahm Emanuel and the likes of his in the incoming White House, depend upon them not understanding this. So don't be surprised if they do not.

Patrice Ayme
Patriceayme.wordpress.com