Pat Buchanan wrote,
"The U.S. trade deficit is the greatest foreign aid and wealth transfer in program in history, and our workers are paying for it by the loss to their families of the American Dream."
I propose that allowing billionaires to exist, with their propensity to invest overseas, to invest in gold and commodities and real estate, actually is an equally devastating transfer of national resources away from applications that create jobs. Buchanan suggested in his 2004 article that a billion in exports created 20,000 jobs. I propose that a billion in a billionaire's portfolio costs the nation 20,000 jobs, though it may create jobs overseas.
This idea of eliminating billionaires would start in the US, or perhaps, once the meme is in the air, it would start in more liberal democracies, like those in Europe. But one way to enforce it on other billionaires, outside the US would be to not allow them to enter the US. Consider them dangerous people, threats to our democracy, our economy. They really already are.
flickr image By Steve Rhodes
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Rob Kall is executive editor, publisher and website architect of OpEdNews.com, Host of the Rob Kall Bottom Up Radio Show (WNJC 1360 AM), and publisher of Storycon.org, President of Futurehealth, Inc, and an inventor . He is also published regularly on the Huffingtonpost.com
Listen to over 200 of Rob's Podcast interviews here.
Rob is, with Opednews.com the first media winner of the Pillar Award for supporting Whistleblowers and the first amendment.
With his experience as architect and founder of a technorati top 100 blog, he is also a new media / social media consultant and trainer for corporations, non-profits, entrepreneurs and authors.
Rob is a frequent Speaker on the bottom-up revolution, politics, The art, science and power of story, heroes and the hero's journey and Positive Psychology. He is a campaign consultant specializing in tapping the power of stories for issue positioning, stump speeches and debates, and optimizing tapping the power of new media. Watch me speaking on Bottom up economics at the Occupy G8 Economic Summit, here.
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