Pimco is afraid

That little tirade by Pimco on Bloomberg was extremely disgusting. What Pimco is really afraid of is that the U.S. debt is not going to be repaid by the wealthy, average and poor. That it is going to be repaid, but by the rich. It is that 95% - 5% attitude.

This is an extreme example of how the 5 really don't care about the 95. I am sorry that Neel was the one who was spouting that rhetoric.

What about the entitlements afforded to the rich? You should pay the same percentage in taxes as a nurse. You really pay far less in percentage of taxes. We the 95 tend to overlook that reduction in taxes because of the purpose you serve. Article 1 Section 8 should make you pay incredible amounts of monies to be an American. Because of the incredible amounts of monies you make as a Citizen.

Could you at Pimco really afford to maintain Hoag? What about UCI? If you increased the taxes you paid this would not be an issue. The system failed because people like you see themselves as outside the system not a part of the system. You have to participate to get the bonds back to parity. And you won't get them back to parity until you participate.

It really is not the 95s fault you allowed Goldman to take your money from you. You were heavily invested in debt. You are smart enough to realize they were stealing, from you.