SpiralTruth

I thought this article was pretty hilarious. That’s right… Wall street CEOs completely fuck up the economy. Then, as they’re asking for tax payer bailout money, they do things like spend $87,000 on an area rug. And when the common folk get a bit upset they say, hey, wait a minute… we have to spend ridiculous amounts of money just to fit in.

What these guys don’t understand is how good they’ve still got it, even on their poverty level allowance of $500K/year. Yes, ladies and gentlemen, it’s time for a history lesson…

Another cause was the fact that Louis XV fought many wars, bringing France to the verge of bankruptcy, and Louis XVI supported the colonists during the American Revolution, exacerbating the precarious financial condition of the government

The inefficient and antiquated financial system was unable to manage the national debt, something which was both caused and exacerbated by the burden of a grossly inequitable system of taxation. Another cause was the continued conspicuous consumption of the noble class, especially the court of Louis XVI and Marie-Antoinette at Versailles, despite the financial burden on the populace. High unemployment and high bread prices caused more money to be spent on food and less in other areas of the economy.

Sound familiar? That was the French Revolution. You can read all about it in the wikipedia article.

Remember what else happened during the French Revolution?

The common people didn’t cut the noble elite’s salaries, they introduced them to the guillotine.

In times like these, we should all try to be thankful for what we’ve got. And hey, if you’re a CEO on Wall Street and you still have your head, you’re doing a hell of a lot better than your predecessors.