It is literally possible to have more money than you know what to do with. Take the case of the private-equity billionaire Peter G. Peterson, who has bankrolled much of the austerity crusade. Peterson has now spent over half a billion dollars out of his personal fortune to persuade Americans that austerity is the necessary road to recovery. But the debate seems to be getting away from him. Peterson was heavily involved in the corporate-led group, "Fix the Debt." That effort has increasingly backfired. In Peterson's world, CEO spokesmen are a source of great credibility. But out in America, it doesn't looks so good when the millionaire CEOs who cut jobs and pay low rates of taxes lecture others to tighten their belts.