Charles Payne

While we heard how the only thing wrong in America, holding back the realization of Martin Luther King’s “dream,” is corporate greed and mean people not willing to pay more than 60% of their income to save crumbling schools (of course none of that extra tax money would go to study the sex life of an endangered salamander or diverted to organizations that are political fronts or pay unions or build a bridge to nowhere).

This war on business and sales pitch for a new America where nobody is rich not only scares me but also infuriates me even more. The message is always about how rich people are “fortunate” as in either lucky or nefarious but never hard workers, risk takers, and brilliant. We are being urged to scorn such success.

The guilt trip isn’t going to work on individuals and even billionaires that declare intentions of giving it all away as they hold onto their wealth the most and even endeavor to make more until that fateful day. The real target is business … finding a way to suck them dry.

The game plan is really simple, demonize to the point of universal animosity and then loot the company or industry dry. 

Banks have spent $100.0 billion in legal fees but are still facing massive potential fines for things like accidents in foreclosing on deadbeats. How nuts is it that someone that hasn’t paid their mortgage in years ends up getting a check from the bank because of one misstep in the foreclosure process. Banks have become piggy banks for this administration. So, too, British Petroleum, which has paid out so many erroneous claims in an effort to not be dragged through the mud from the public relations arm of the White House otherwise known as the mainstream media. 

Policy & High Taxes 

Charles Payne

Charles V. Payne is a regular contributor to the Fox Business and Fox News Networks. He is also the Chief Executive Officer and Principle Analyst of Wall Street Strategies, Inc. (WSSI), founded in 1991 which provides subscription analytical services to both individual and institutional investors.