The richest one percent of this country owns half our country's wealth, five trillion dollars. One third of that comes from hard work, two thirds comes from inheritance, interest on interest accumulating to widows and idiot sons and what I do, stock and real estate speculation. It's bullshit. You got ninety percent of the American public out there with little or no net worth. I create nothing. I own.
Wednesday, December 24, 2008
L'Affaire Madoff
Based in Montreal, our primary paper is La Presse. Their editorial cartoon certainly summed up one aspect of the "Madoff Affair".
(Translation: The American authorities hadn't seen anything - "absolutely no trace")
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