Every time I think that I've fully comprehended Warren Buffet's cynicism and PR manipulation he goes and proves me wrong. Schadenfreude is not an American family value. We do not feel better because we've succeeded in punishing someone else. Although maybe that's what happened in Buffet's family. That would explain his constant cynical manipulation. You can see the cynical old hoofer in action here.
But I'll take the Sage of Sanctimony's insight into envy as read: if the middle class would feel better by sticking it by a few points to the people who (temporarily) make more than them, how much more will they enjoy the confiscation of the entire 50+ billion fortune of one Warren Buffet?
And the cool thing is that then Mr. Buffet will be middle class so he can really enjoy watching other people get screwed.
Homespun Humbug indeed.
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