Read “The A-C Rule” below.
“Fortune” Magazine had an article recently about why millionaires tend to be right wing and billionaires tend to be left wing.
They called it “The f*** you money” rule.
Millionaires suffer when the government gets too strong or raises taxes. Death taxes matter to person with millions. They don’t make the slightest difference to Bill Gates, Senior.
Fortune’s explanation was that the very, very rich do not care how much regulation there is or how high taxes go. They and theirs will have more money than they can notice either way.
On the other side of the people with “f*** you money” – that is Fortune’s term, not mine, are the very poor.
The Fortune article caught up with something I said thirty years ago in my first book in my own name: there is a natural alliance between A, the VERY rich, and C, the VERY poor. They tend to unite against B, which is the entire class of people from millionaires to plumbers to whom taxes and reegualtions are a real burden.
This is so obvious it only took a major publication thirty years to notice it.
The rest of the media still see the right as “the rich” and the left as “the poor.”
If you understand the A-C Rule, leftist billionaires are easy to explain.
#1 by Shari on 04/04/2006 - 7:27 pm
So why do so very many in that millionaire to plumber class accept what the very rich say? What is the matter?