The Warped Woodturner (TWW) is a local artist traveling his artist's journey in a suburb of Springbrook, WI (pop. 536). TWW's creative calling is to use a wood lathe to make useless objects from locally-sequestered organic carbon for tourists to bring back to the city to give to people they had to buy something for but do not like that much. His target market is the senior citizens since their vision is not as good as it used to be so cannot see the defects as well. His marketing jingle is: “Bowls as simple as their creator”.

Monday, August 27, 2012

Project Guillotine - editorial

By now you must have heard about the Occupy Wall Street and their intellectual supporters talking about how we need make the rich pay their fair share.  Project Guillotine  is a way for the intellectuals to mimic their European socialist heroes and their traditions going back to the French Revolution. 

 What we need to do is find all the rich people, confiscate their undeserved wealth and use it to pay for needed government programs.  Forbes magazine has its list of billionaires and TWW found the list and filtered out all of the non-American rich people since we cannot easily confiscate their money. See the list below.   They have wealth of about $654 billion between them.  This could have been enough to cover some of the years of the Bush deficits but not enough to cover 2012 under Obama.  This means we need to go further down the list to find people with enough money to pay for needed government programs.  

 The only drawback with approach is all the rich people who have their money taken away could be homeless but they deserve it.  A bigger problem is these rich would no longer be paying any taxes so eventually you and I would have to have our wealth confiscated to keep the government serving the people who deserve it and with our wealth gone we would finally be the deserving poor. 



Rough deficit numbers from: http://www.usgovernmentspending.com/downchart_gs.php?year=2000_2012&view=1&expand=&units=b&fy=fy11&chart=G0-fed&bar=1&stack=1&size=m&title=&state=US&color=c&local=s



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source of information: http://www.forbes.com/billionaires/list/

 Bill Gates                                    $61 B    56 Microsoft United States
 Warren Buffett                            $44 B    81 Berkshire Hathaway United States
 Larry Ellison                               $36 B    67 Oracle United States
 Christy Walton                            $25.3 B 57 Wal-Mart United States
 Charles Koch                               $25 B   76 diversified United States
 David Koch                                  $25 B   71 diversified United States
 Sheldon Adelson                         $24.9 B 78 casinos United States
 Jim Walton                                  $23.7 B 64 Wal-Mart United States
 Alice Walton                               $23.3 B 62 Wal-Mart United States
 S. Robson Walton                       $23.1 B 68 Wal-Mart United States
 Michael Bloomberg                    $22 B     70 Bloomberg LP United States
 George Soros                              $20 B      81 hedge funds United States 
 Sergey Brin                                $18.7 B   38 Google United States
 Larry Page                                  $18.7 B   39 Google United States
 Jeff Bezos                                  $18.4 B   48 Amazon.com United States
 Mark Zuckerberg                       $17.5 B   27 Facebook United States
 Michael Dell                             $15.9 B   47 Dell United States
 Steve Ballmer                            $15.7 B   56 Microsoft United States
 Phil Knight                                $14.4 B   74 Nike United States
 Paul Allen                                 $14.2 B   59 Microsoft, investments United States
 Carl Icahn                                 $14 B      76 leveraged buyouts United States
 Forrest Mars Jr                         $13.8 B   80 candy United States
 Jacqueline Mars                       $13.8 B   72 candy United States
 John Mars                                $13.8 B   75 candy United States
 Anne Cox Chambers                $12.5 B   92 media United States
 John Paulson                           $12.5 B    56 hedge funds United States
 Donald Bren                            $12 B      79 real estate United States
 Ronald Perelman                     $12 B      69 leveraged buyouts United States
 Len Blavatnik                          $11.9 B   54 diversified United States
 Harold Hamm                          $11 B      66 oil & gas United States
 James Simons                          $10.7 B  73 hedge funds United States
 Jack Taylor & family       $10.4 B  89 Enterprise Rent-A-Car United States
 Abigail Johnson                      $10.3B   50 Fidelity United States
 Ray Dalio                               $ 10B      62 hedge funds United States
 George Kaiser                         $10 B     69 oil & gas, banking  United States
 Laurene Powell Jobs & family $9 B     48 Apple, Disney United States

 Total                                         $654 Billion
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