Why Billionaires Like Soros Favor Increasing Taxes on "The Rich"

Posted: Oct 24, 2008 3:21 PM
Richard Rahn explains in a Washington Times must-read.

In essence, powerful billionaire "angels" to the Democrats like George Soros will always benefit if their government proteges gain more power.  It's those who aren't yet "insiders" -- those trying to become rich -- who suffer. 

Rahn makes another excellent point:

It would be in the public interest to know which members of the Democratic leadership, members of Congress, and their financial contributors were selling shares of (or shorting) Fannie Mae and Freddie Mac this year, and of other financial institutions overseen by the congressional Democrats. (Note: In the private sector, if someone with insider knowledge - as Mr. Frank and Mr. Dodd had access to - makes misrepresentations about the health of a company, that person is subject to criminal penalties.) The press should demand full disclosure before Election Day . . .. 

Will the press cover it?  Will McCain TALK about it?

Well, we can dream, can't we?