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To: Maurice Winn who wrote (88308)3/23/2012 8:51:58 AM
From: arun gera1 Recommendation  Read Replies (1) | Respond to of 217906
 
>But those who currently accumulate wealth, have to do something extra over and above what has already been done. THAT is what they accumulate as their own personal wealth and they totally deserve to keep it all and not have envious criminals robbing them. >

Thats like the best gambler on the Table. He does do that little bit extra game after game even with bad cards at times. But he makes that pile because the other gamblers come and put their earned resources on the table. Did the gambler create those resources? No. He just played a game that everyone agreed on how winnings were going to be distributed. Did he deserve to win? Yes.

So wealth is accumulated by who plays the game well. Not necessarily by the one who created value.

Wealth is being lost by many who bet their resources on mis-priced assets such as peak housing a few years ago. Unfortunately due to monetization, everyone is a gambler.

-Arun