The rich, the poor, and the funny money.

• Author: Peters, Charles
• Position: TILTING at windmills - Brief article

Profits from the financial sector "account for 31 percent of total United States corporate earnings," reports Gretchen Morgenson in the New York Times, "up from 20 percent in 1990 and 8 percent in 1950." When you contemplate all the chicanery revealed by the sub-prime and other Wall Street scandals, aren't you a bit concerned about the soundness of our economy?

Another sign that there's something deeply unhealthy about the economy was pointed out by Warren Buffet when he testified before the Senate Finance Committee: the estate tax. He said, according to Bloomberg News, that tax laws over the last twenty years have...