"Institutional Investor's Alpha reported Wednesday the top 50 hedge fund managers earned a combined $29 billion in 2007. Five managers earned more than $1 billion.... One manager -- John Paulson of Paulson & Co. -- earned $3.7 billion last year, which management consultant Peter Cohan pointed out means Paulson in 2007 made 30 times in one hour what the median family made all year." - Top hedge fund managers collected windfall fees in 2007$3.7 billion? Well, okay, but as everyone knows, it's your take-home that counts.
Lately there's been the usual empty blather about a "Summer Gas-Tax Holiday!" It is but another item in the endless checklist of "More Bullshit for the Masses" that we suffer with during the constant campaign season. Seems to me that if any single one of the dubious individuals competing for the worst job in the world really wanted to get elected, he or she would propose a "Summer Withholding Tax Holiday."
Posted by Vanderleun at May 2, 2008 3:04 PM | TrackBack"It is impossible to speak in such a way that you cannot be misunderstood." -- Karl Popper N.B.: Comments are moderated to combat spam and may not appear immediately. Comments that exceed the obscenity or stupidity limits will be either edited or expunged.