I think it's appropriately titled. Seeing that it is exactly what the rich are doing. It is the exact opposite of the old English tale of the man in tights who stole from the rich and gave to the poor. Today, we have huge money chasing investments that might sometimes pan out. With hedge funds and investment banks making billions every quarter, they were unstoppable. They made their multi million/billion dollar clients even more. As time went on, their positions began detiorating, until the point of collapse. Now, these big money makers are getting bailed out. The bailouts are increasing and the burden is shifting from private debts to public debts. Let's break it down for the layman. The losses of the rich are being transferred to the poor. Moreover, the bailouts themselves are keeping alive the dying business ventures - and propogating the overly excessive salaries to these rich. When it all collapses, the rich will be richer, the poor will be poorer. The poor will foot the bill for these debts encumbered by the rich.
What will be the breaking point?
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