How do we get our hands on the billionaires' payouts?

[Rosa Luxemburg]

John Paulson, who rose to fame in 2007 with a prescient bet against subprime mortgages, earned a record $4.9 billion in 2010 as a result of a big wager that his fund, Paulson & Company, made on gold. The metal soared last year, lifting the values of some hedge funds by more than 30 percent.

Last year was very lucrative for some of the biggest and best-performing hedge funds’ chiefs. Wealth was so concentrated that a mere 25 people pocketed a total of $22.07 billion, according to this year’s annual ranking by AR Magazine, which tracks the hedge fund industry. At $50,000 a year, it would take the salaries of 441,400 Americans to match that sum.

So why can't we get our paws on this treasure? We are cutting here there and everywhere mainly the poor. Why can't we claw in some of the fat cats' windfall?

http://www.nytimes.com/2011/04/01/business/01hedge.html?_r=1&scp=3&sq=paulson&st=cse

[bbinacan]

1. Why do you think

you are entitled to it? Just curious.

[Rosa Luxemburg]

2. I'd rather their money be clawed in not ours

[bbinacan]

3. And if one thinks you have

too much money, should they claw yours? If you grow a very successful garden, can you neighbors claw yours?

[Rosa Luxemburg]

6. yes they can

[bbinacan]

10. At least you're honest,

I hope.

[msongs]

4. inside traders, speculators on the black market, tax each transaction for the damage they cause nt

[Curmudgeoness]

5. You could get your hands on that money.

Just sell your soul to the devil, put every bit of self-respect and morality behind you, and go after your fellow human beings with no mercy.

Are you game?

[Rosa Luxemburg]

7. We the taxpayers

wouldn't it be nice to tax them heavily with no mercy.

[Curmudgeoness]

8. That is what I advocate. I was talking to a conservative

Republican small business owner, and I told him that we had to increase the tax rates on high incomes. I told him I thought the 70% top rates of the 70's would be fair, but it would warm my heart to go back to the 90% from WWII. He didn't believe that the tax rates were ever that high. Well, I was wrong, it wasn't 90%, it was 94%.

This is one problem with these Republicans, they are made to believe that the top rates are too high now. And they don't know history and that our rates today are extremely low historically.

[Rosa Luxemburg]

9. 94% of $4.9 billion would yield enough to pay teachers!

besides Paulson was one of the perpetrators of the economic crisis.