By David Lazarus
Editor's Notes in italics.
Just in case you were beginning to think rich people were deeply misunderstood and that they feel the pain of those who are less fortunate, here's the world's wealthiest woman, Australian mining tycoon heiress Gina Rinehart, with some helpful advice.
"If you're jealous of those with more money, don't just sit there and complain," she said in a magazine piece. "Do something to make more money yourself -- spend less time drinking or smoking and socialising, and more time working."
Yeah, let them eat cake. Looks like Gina had a second helping...
Rinehart made her money the old-fashioned way: She inherited it. Her family's iron ore prospecting fortune of $30.1 billion makes her Australia's wealthiest person and the richest woman on the planet.
"There is no monopoly on becoming a millionaire," (WRONG!*) she said by way of encouragement.
"Become one of those people who work hard, invest and build, and at the same time create employment and opportunities for others."
Why are people poor? Rinehart blamed what she described as "socialist," anti-business, (Anti-extra cake) government policies, and urged Australian officials to lower the minimum wage and cut taxes.
Perfect! No one's ever tried that before! Let the dogs under the table fight for the crumbs of 'cake' that fall off the plates of the rich. Perfect! The stronger dogs will kill and eat the weaker dogs, thus ridding the house of soo many dogs to feed. Oh, wait. Reagan's "trickle down theory." The same theory, "Social Darwinism" Adam Smith first proposed nearly 300 years ago. Reagan's "trickle down theory" further plummeted the U.S. into the longest period of recession in the last 70 years.
But Gina can have ... More cake!
"The millionaires and billionaires who choose to invest in Australia are actually those who most help the poor and our young," she said. "This secret needs to be spread widely."
(It's secret because it's a LIE. Using government anti-poverty programs as the marker, Millionaires and Billionaires pay less tax -income or sales - than the taxpayer who makes under $200,000 dollars a year; U.S. or Australian.)
And now it's out there.
Thank you, rich people. We're not worth(y).
* Stats show that laws paid for through lobbiest's for the wealthy prove to be extremely anti-small business, and as Gina espouses in the speech, adds more of the tax burden off the rich and onto the backs of the already over taxed middle class.
The prospects for healthcare reform may be chillier than DC weather, but Democrats in the House and Senate are turning their attention to another warmer but still significant national issue: the increasing number of runaway and throwaway youth who are being forced into prostitution. In response to the growing concerns that desperate, runaway teens will be forced into prostitution in a sluggish economy, Congress is pushing several bills to improve how runaway kids are tracked by the police, fund crucial social services, and prevent teens from being caught in sex trafficking. Here's the gist of what the new legislation is trying to accomplish:
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