There are wealth redistributions favoring the poor, but it would appear most wealth redistribution is an upward phenomenon. In other words, when markets are politicized the beneficiaries will be the rich and powerful, not poor and powerless.
The President has announced that he wants to tackle inequality and the lack of upward mobility for poor Americans. He has many ideas for doing so, and many involve redistribution. But he smartly avoids mentioning the "R" word.
Though Christian financial "guru" Dave Ramsey claims not to understand Occupy Wall Street, he does know why protesters want to raise taxes on the wealthy: We are sinners. "At the core of this demand," he says, "is envy."
Give Rick Perry credit for his honesty. He just articulated out loud what is the accepted dogma of the modern Tea Party-owned Republican party, completely dedicated to protecting the wealthy and corporations on the backs of the (rapidly shrinking) middle class.
A vote for the GOP in November will be a vote for the richest one percent of the country at the expense of the rest of us. And it will be a vote for the kind of fear that we, as a country, would eventually come to regret.
f John McCain or Sarah Palin had written Milton Friedman's obit in 2006, would they have vilified the Nobel laureate economist widely regaled as the father of modern conservatism as some kind of anti-capitalist?