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 Billionaire bashing: the new class war

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RR Phantom

RR Phantom

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PostSubject: Billionaire bashing: the new class war    Billionaire bashing: the new class war Icon_minitimeTue Apr 03, 2012 3:10 am
So great was demand for a piece of the Mega Millions action last week that people waited in lines to buy lottery tickets. After the jackpot reached half a billion dollars, it made more people play, which made the jackpot and the pool of competitors even bigger, even though the odds of winning remained at only about one in 170 million. On Saturday night, after the lottery balls fell, three tickets had won a share of the $US640 million ($618 million) jackpot.

Billionaire bashing: the new class war Art-353-opinion-20illo-200x0

Each winner will receive $205 million, pre-tax. The three tickets were bought in Red Bud, a small farm town in Illinois, in urban Baltimore and somewhere in Kansas. The losing tickets were bought everywhere by an estimated 100 million people. Three families will now be transformed. But even these super-sized jackpots pale when compared with the money made by the top buccaneers of global capitalism, hedge fund managers.

Read more: http://www.smh.com.au/opinion/society-and-culture/billionaire-bashing-the-new-class-war-20120401-1w6b9.html#ixzz1qxWEUlqo
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